Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 299. (Read 490241 times)

interesting news about mintpal acquisition by moolah and i can see quite a few possibilities of where this partnership with syscoin could take them. with that said, has there been any discussion with them around them taking an equity stake in this project?

That is correct.
From the OP

On August 15 panic buying till the presale is sold out. If that doesn't happen they will only mine the amount sold during the presale.

On 16th August, if there is no enough pre-buyer, what's the result of the remain pre-mine sys coins? Whether the pre-buyers or the miners will share them? Thanks.

To be honest, I think this has been going on for months. Sh*t/Scamcoins has been in the scene for a long time, always been amazed that people actually mine/support/buy these.
We have publicly stated what we will deliver and this will be done. Are there features that we wish we could bring to the table from launch? Yes of cause there is, but our main priority is for the features we already bring to the table to be as stable as possible. And then we can start on the feature roadmap we have mapped out. We are in this for the long haul.

Devs, I hope you're very mindful of the darkening climate out there regarding scamcoins - there seems to be intensifying outrage over the recent wave of scamcoins (DarkCrash looking the most egregious) that compelled even bittrex to propose new reforms recently.

Your execution needs to be flawless - or as close to flawless as possible. It's a climate where you need to avoid making any promises you aren't absolutely sure you can keep (also, even when it comes to the things you're absolutely sure about, leave room for positive surprises).

It's dump first and ask questions later out there. The opportunity for syscoin of course is to offer a refuge from crap that *many* people are desperately looking for right now.

You can still buy from an exchange after launch or not at all if you are completely against IPO coins.

Awesome Thanks! Just post it in the Korean bitcointalk alternate cryptocurrency thread and PM us, we'll update our ledger                  

yeah.. I'll start translation to korean.

After modification of mining production
SYS really become a good coin

Updated the OP translations. Still get some bounties that can be claimed in that regard- we need help with the asian translations!

Not all the IPO's are the same. For example, we had XBC IPO, despite it was another shitcoin with nothing new to offer (they couldn't even fix PoS wallet for a long time), it's price gone 10x up. I think this one can go pretty high too, if devs will deliver. It is always risky, yes, but crypto is a gamble.

and with this news my investment gets a little more excited. Can't wait to see how this plays out

YES it is  had to keep our lips sealed on that one but as we've stated, the partnership with Moolah goes beyond the presale, beyond what many people even know about good things!

some IPO hit exchanges and go below their IPO price, others dont.

Based on all the other IPO's (that includes shit coins and innovative coins).
Don't get me wrong, I love what you are doing here, but isn't it always like that that after the launch the value plummets and then rebounces? Of course finally it will be worth much more than the presale price, however you can usually buy more for the same price after it hits exchange. Or am I wrong?

Thats a pretty good move.. wonder what it cost.

Mintpal will be a great compliment to what Moolah is already doing. I'm also happy they say they are going to clean up some of the scam coins on there, as all the pump and dumps and dodgy coins was really what put me off using Mintpal.

And of course that's all got to be good news for Syscoin!

Yeps. Think its pretty clear what that will mean for syscoin

Hey guys sorry, been lots going on internally!


I'm not on my personal machine at the moment so I don't have the syscoin daemon handy to check the commands but I believe there is a block-height expiration on each setdata (data storage request), and that is used for expiration. Longer you want to store something for (and larger) the higher the fees. Let me double check this once I'm home (will be a few hrs).


We have not already developed a thin wallet. This is something we've discussed internally and have identified open source examples to reference in this sense so this may be easier to implement than expected. We'll still do our full due diligence as always. Miners would need to run the full wallet, but a thin wallet could be beneficial for others that aren't mining.


Marketplace is fully decentralized via the blockchain. Is it possible to trace funds to an IP? Maybe? There is no anonymity currently built into Syscoin (not that it can't be added...) but right now it is not currently implemented nor is it a high priority roadmap feature. We're looking to focus on decentralizing financial services/systems and features to support that (escrow, reputation, etc). Once we are done with those types of features we can focus on more fringe features like anon, but anon is not the core focus of Syscoin. Developers who build on top of Syscoin can of course introduce their own anon/mixing. The team may consider adding this down the line if there is a strong call for it, but Syscoin is flexible enough for devs to layer this on without it having to be "native" to Syscoin. Having native anon would quickly turn off mainstream markets to Syscoin, and those are the target demographic we're shooting for here in the long term; so gotta be careful with that.


You need to be a certificate issuer to issue certs. A word document may constitute a certificate between two parties- its really up to what the issuing party will honor. If a word document is the form of contract between two parties, this would be totally valid. If you were to issue a certificate that just had a bunch of garbage in it rather than the contents expected, the receiver would contact you to resolve the issue. It wouldn't make sense for certificate issuers to issue garbage certificates, receivers would know immediately and its all trackable via the blockchain so the integrity of the certificate issuer would come into question at that point imo.

Maybe you can elaborate on this use case a bit? Imagine I'm a yacht dealership and you bought a yacht from me. You can see i've issued yacht titles to many other buyers and the format of them. Then all the sudden I issue you a cert with entirely different content. Not only would this not make sense for me as a cert issuer because I'm sending you this I'm saying its a valid certificate from me which I honor (as a cert issuer, and certs can always be tied back to the issuer), but you as the receiver could immediately see the contents (garbage) and the discrepancy as compared to other certs... just wouldn't make sense unless the issuer wants problems.

Again I'm not at home so I can't dig into the syscoin commands and code right now for better answers, but from memory thats the best I can do


None that we want to call out now. We just started working on this a few days ago in earnest. We have other major features which we're hardening prior to release. We're building apps and websites to help support the Syscoin ecosystem and demo its capabilities and services as well in parallel. Extremely busy.


There is a video of sample certs in action on the OP. As well as a quick screengrab from the daemon showing all the commands currently completed. We were going to release a video of offers (marketplace) just using the daemon as with certs but we decided to try and build a WebUI frontend first and then demo that as it will be more meaningful to users who aren't developers and developers alike. Releasing code before we launch Syscoin wouldn't make a bunch of sense so I'm not entirely sure what you mean by that? Also called this out on an earlier page we aren't doing any "beta wallet" program as we're just way too busy getting ready for launch on August16, and managing a beta programing incurs significant overhead.

We also mentioned on an earlier page all of these features are complete in the daemon but we're working on getting them displayed all nice and pretty in the QT Wallet. We'll try to post some pics of the wallet when we get a chance as soon as we have something we're comfortable releasing in that regard. We still have 3 weeks remember and we're working on a lot of different things right now all geared towards the launch.

If I discover any of my replies need correction once I'm home and have the client/code in front of me I'll do so.  


That is your assumption (that you can buy it cheaper on exchange after launch). You're free to wait and find out.