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Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info - page 37. (Read 759251 times)

member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
Hey Everyone,

Just as an update, I was out of town this week as my partner had a death in the family and we had to make a 12 hour road trip for the funeral. I'm back home now and all is well, and to clarify, I was not working on any other coins. The only crypto work I did this week was to make sure chunky did regular payouts.

If anything, I hope this shows everyone that our work to create true responsible decentralization in the management of this coin works. We all still have lives to live, and especially given recent events in my own life I think it's very important we encourage members of the ops team to balance their time working with a healthy amount of personal time. We don't want to risk people burning out as we saw during the initial crisis that brought us all together.

I'm going to be doing lots of laundry and catching up on real life here in Halifax today, more updates to come this week.

All the best,

Chris

Hey Chris, nice to see you back. Sorry for your partner's loss...  Sad
I want to ask you is there any chance to change Chunky Pool name to ''WhiteCoin multipool''? (Like BC has its own pool  Smiley)
In that way it'll be the first official multipool which only pays in WC. Is that possible? What is currently going on with that pool? Are there any progress in new coin implementation, better profit algo, the continuity in payments, daily trading...? There's no info from them for ages.
As I see, the pool is struggling for continuous hash power... Maybe if we work more on those things, improving pool it self, promoting it and find people who will be operating that pool 24/7 and not few days in a week. That's mine opinion, maybe I'm wrong...  Wink
One more thing for the end, I realy realy realy mean we need much stronger pool then it is. And don't think that there's no miners for WhiteCoin pool, just needed better service from it.

IMHO, this is the issue we need to work on too, besides tech. details about coin it self...  Wink

cheers
B.
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC

It's going to take one healthy purchase, and this coin will never be the same. Wright that down.

hehe, that's for sure WNW Grin

full member
Activity: 196
Merit: 100
Fibre Knight
why so many people creating new coins?
What are the benefits?

 Huh Huh Huh

New coins allow new opportunity to present a perceived fresh new innovative technology for using alternative crypto as a currency or back-end merchant settlement delivery system. Having said that, my previous statement is how it's suppose to work, however, most of the additional coin is pump and dump and is here today and gone tomorrow. In this new realm, only alt with community and a equal distribution of coin will last because like anything else, you are only as strong as your weakest link. It's going to take one healthy purchase, and this coin will never be the same. Wright that down.
sr. member
Activity: 252
Merit: 250
Create a superblock 30 million can lead to suspicion and put us under the microscope of potential scams (something that we are now completely safe).
According jarnold, the WCF will present shortly a quote of what it will cost all the improvements we want to do and when we discuss the budget and how to afford the payments.
I am the first (and as I've said above) thinks we should endow the WCF so you can face all the challenges we face, but if we do it may well be worse than the disease.
I do not know why they think it is the big players are not going to engage, when they are most interested in this work.
However, in this we have to engage ALL, large, medium and small.
Greetings.

Maybe there is a compromise between the two proposals.

Agreed, there' good and bad thing about a superblock, as long as the community is for it and it's done properly and completely transparent, it won't affect the price.

Someone mention some kind of plan for financing the foundation, once out, we'll see which road or hybrid solution to take
full member
Activity: 196
Merit: 100
Fibre Knight
Create a superblock 30 million can lead to suspicion and put us under the microscope of potential scams (something that we are now completely safe).
According jarnold, the WCF will present shortly a quote of what it will cost all the improvements we want to do and when we discuss the budget and how to afford the payments.
I am the first (and as I've said above) thinks we should endow the WCF so you can face all the challenges we face, but if we do it may well be worse than the disease.
I do not know why they think it is the big players are not going to engage, when they are most interested in this work.
However, in this we have to engage ALL, large, medium and small.
Greetings.

Maybe there is a compromise between the two proposals.
full member
Activity: 196
Merit: 100
Fibre Knight
If we are not going companion coin let's just get the super block done.

30M superblock held by escrows and released to new development team over time for work completed.

No point waiting for donations, this is wasting time we could be getting stuff done.

Donations don't raise shit.

10% dilution for everyone with proportional returns or losses to everyone.

++1
hero member
Activity: 620
Merit: 500
Create a superblock 30 million can lead to suspicion and put us under the microscope of potential scams (something that we are now completely safe).
According jarnold, the WCF will present shortly a quote of what it will cost all the improvements we want to do and when we discuss the budget and how to afford the payments.
I am the first (and as I've said above) thinks we should endow the WCF so you can face all the challenges we face, but if we do it may well be worse than the disease.
I do not know why they think it is the big players are not going to engage, when they are most interested in this work.
However, in this we have to engage ALL, large, medium and small.
Greetings.
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC

I would like to move that the WCF invest in the deep investigation of a privacy function, thereby defining and implementing a Privacy function for Whitecoin.  Personally I believe that TOR is the least path to resistance with numerous examples to follow however, this deep review by Mindfox and other developers needs to start upon vetting of kick starting the Privacy project. 

My Vote = YES to Privacy Function

To further support the development of a Privacy function, Shair.com will be donating to the privacy project and once the WCF determines the approx efforts required, WCF creates the bounty, allocates % of its current donation wallet to the privacy project, additional donations can then be accepted and allocated this project with a donation by Shair.  I suspect that raising funds to cover this project shouldn't be an issue.

Other Items:

1. Shair.com is in the final stages of reviewing the legalities for its Community Investment Award, looking to provide an update early next week.  The current framework will  support the Community and WCF, just need the lawyers to sign off on it.

2. Shair.com would like to put forth that in addition to Privacy, that the WCF/Community consider smart contracts - the blockchain is where real innovation, value and differentiation is, Shair will support this process provided the Community decides that the investment to "smartify" the Whitecoin Network, is a path to follow.  Shair believes that this is the future (innovation of the blockchain) and would like to begin the process of evaluating the process of defining how this can be accomplished with Whitecoin, if the Community/WCF agree.


On behalf of Shair.com we look forward to supporting the growth of the Community, Whitecoin and The Whitecoin Foundation for the longterm.  Our initial investment has already been made (yes we are staking) with the very real potential of much more to follow as we continue to evaluate the path the community and WCF takes, in addition to the support of the community for Whitecoin, initiated projects and acceptance of Whitecoin by our interested Investors, Customers and Associates.

Jason Arnold
COO - Shair.com
VP The Whitecoin Foundation



Jason,

As always your presence and ideas are very welcomed.  I believe looking into utilizing the TOR network is an excellent idea, and I also believe with you, if a budget is prepared for implementation, there will be support in the community.

Recent articles revolving around bitcoin's blockchain have also been discussed, why not put that power to use.  The ability to utilize the power (POS) and the blockchain itself provides synergy where we (and almost every coin) has wastes.

Thanks Surfguy,

I wanted to add 1 more important enhancement to Whitecoin that I think warrants further technical review:

- Decrease confirmation times, aiming for sub 30 seconds which will enable Whitecoin to become much more suitable for fast transactions to support future mobile commerce (yes we would also want a mobile wallet but that putting the horse before the buggy so I think).


+3  Grin

1. Privacy = YES
2. Smart Network = YES
3. Decreased Conf Time = YES

I keep mining, taking, staking and buying, WC has my full support!  This is going in a fantastic direction  Cool

Just another bump Tongue

So much great news are mentioned here Wink
sr. member
Activity: 280
Merit: 250
why so many people creating new coins?
What are the benefits?

 Huh Huh Huh
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
If we are not going companion coin let's just get the super block done.

30M superblock held by escrows and released to new development team over time for work completed.

No point waiting for donations, this is wasting time we could be getting stuff done.

Donations don't raise shit.

10% dilution for everyone with proportional returns or losses to everyone.

cryptohunter, share your opinion about donations... if big players don't involve in donations there will not be enough money for anything...
your suggestion is interesting but someone with better tech knowledge will answer that.  Wink
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
Hi,

Another notice on wc page of bittrex.

 This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Aug 1st unless the average trade volume for the last 7 days exceeds 0.1 BTC

Guess not many people trade WC on bittrex?


I have watched that exchanges for several days and it has been parked on the bid and asks. Another exchange, AtomicTrade has almost no buys and all sells, yet shows a lot of volume. This one has me wondering. I think as long as we stick to core exchanges, the rest really don't matter. Hate to say it, but BTC-e would be the exchange to park this coin. Almost impossible however.

Agree with you WNW. I think it would be better to delist WC if there is no volume and daily trading... For now we do have some daily volume in those core exchanges as you said and that is enough for me... To be honest, would be great to see that changed but this is for the moment max we can hit.  Wink

Lets make listing to BTC-e as our future goal, maybe... ? Smiley
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
If we are not going companion coin let's just get the super block done.

30M superblock held by escrows and released to new development team over time for work completed.

No point waiting for donations, this is wasting time we could be getting stuff done.

Donations don't raise shit.

10% dilution for everyone with proportional returns or losses to everyone.
full member
Activity: 196
Merit: 100
Fibre Knight
Hi,

Another notice on wc page of bittrex.

 This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Aug 1st unless the average trade volume for the last 7 days exceeds 0.1 BTC

Guess not many people trade WC on bittrex?


I have watched that exchange for several days and it has been parked on the bid and asks. Another exchange, AtomicTrade has almost no buys and all sells, yet shows a lot of volume. This one has me wondering. I think as long as we stick to core exchanges, the rest really don't matter. Hate to say it, but BTC-e would be the exchange to park this coin. Almost impossible however.
hero member
Activity: 620
Merit: 500
I think mindfox is a dodgy cunt and I have a right to my opinion.

He has threatened to leave this community just because of fud.  That does not inspire confidence.

I would give him a million wc but doubt it would help us as his not our dev but works for many many coins that have termed scam with hidden premine.  It is suspicious


Yes, you have the right to your opinion but... First off, if you have been here from the beginning you'll know that without mindfox and his work, we wouldn't talk about anything on this thread cause this coin would been dead for awhile... Well, if he is busy with another coin that only means he is good at what he is doing Wink

So, if you have something to offer as a solution for one or two issues, it would be nice to direct your suggestions to IRC channel #wc-pr or #whitecoinfoundation. Also you can send PM to mogonzo, cryptoSEO, Oizopower, Surfguy72...

PS. And one thing to add, this is not P/D coin, as I see from your posts that you like to play with prices on the exchanges, so take your seat and join this community in building this great coin (hope it will be great) Grin

cheers
B.

Khelgaar Well said!
To Caesar what is Caesar ...
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
I think mindfox is a dodgy cunt and I have a right to my opinion.

He has threatened to leave this community just because of fud.  That does not inspire confidence.

I would give him a million wc but doubt it would help us as his not our dev but works for many many coins that have termed scam with hidden premine.  It is suspicious


Yes, you have the right to your opinion but... First off, if you have been here from the beginning you'll know that without mindfox and his work, we wouldn't talk about anything on this thread cause this coin would been dead for awhile... Well, if he is busy with another coin that only means he is good at what he is doing Wink

So, if you have something to offer as a solution for one or two issues, it would be nice to direct your suggestions to IRC channel #wc-pr or #whitecoinfoundation. Also you can send PM to mogonzo, cryptoSEO, Oizopower, Surfguy72...

PS. And one thing to add, this is not P/D coin, as I see from your posts that you like to play with prices on the exchanges, so take your seat and join this community in building this great coin (hope it will be great) Grin

cheers
B.
newbie
Activity: 56
Merit: 0
Hi,

Another notice on wc page of bittrex.

 This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Aug 1st unless the average trade volume for the last 7 days exceeds 0.1 BTC

Guess not many people trade WC on bittrex?
member
Activity: 101
Merit: 10
Community owned or at the mercy of people that are just not that interested I wonders.
member
Activity: 101
Merit: 10
I think mindfox is a dodgy cunt and I have a right to my opinion.

He has threatened to leave this community just because of fud.  That does not inspire confidence.

I would give him a million wc but doubt it would help us as his not our dev but works for many many coins that have termed scam with hidden premine.  It is suspicious
member
Activity: 101
Merit: 10
How much does mindfox want to make this priority above shit scam coins (elite)Huh??!?

I would love to see the foundation step up and let us know how much things cost so we can get things done quicker .. IMO transparency and community coin means we raise bounty , hire, implement. 

If enough funds for something then it goes forward.  If not enough funds raised then clearly community does not want. That is only way to get community to put money where their mouth is and find out what we really want.


Not wait until a dev graciously throws us a bone after working a million other coins in between.



Love who you quote your own post, real smooth... Do you feel like paying for a new dev? I know it's crypto but technically whitecoin doesn't grows on trees!

IMO the foundation shouldn't spend money on hiring a new dev for 2 main reason, if he's free that means is probably no experienced enough, it's hard to get quality people, most of them have projects on their own and no one pays enough to work full time. the best crypto dev out there most have a day job, that's what slows things down. Secondly, new dev will need to learn about WC code and play catch up on what's in the works. This basically slow things down and at the end you probably don't save any time at all, just wasted money.

I would gladly pay for a new dev it meant getting my 30 btc loss back
full member
Activity: 210
Merit: 100
whitesnake is a perfect name  Grin

All fudsters are together today !? I ask my self for the reason ... are you fuding for fear of something? Maybe some news, maybe the new wallet release, maybe rising prices with the fudsters on the sideline? I dont know, but maybe we know it soon  Grin
Banger

Dude, we are not spreading fear, uncertainty or doubt. What we are saying is a new wallet has been promised for about several months, and just the other day it sounded like it was going to be another several months with all the cool ideas floating around. Fact is, the wallet has not come out, there have been no solid technical improvements, and the price is no different because you folks are not getting new investors based on the reasons we have stated. I really don't know why you think we are trying to do anything other than expose the truth as a community. But continue to blabber on about how bad we are as it only solidifies our position.

Hey,

I do believe you're well intentioned WhiteNotWright, but sometimes you have a tendency to over exagerate. For example, while I do agree the wallet is way too late on delivery, WhiteCoin hasn't even existed for several months, we've been around about three now. The last wallet update was in May, and I think mindfox didn't want to just do an update with the logo on it, he wants to do more. A noble goal that has also presented us with some short term problems. I also think that's not fair or true about new investors, just look at what our Vice President has accomplished in that regard. Considering you've also openly admitted to trying to keep the price at 100 sat or below in the past (so your group can accumulate cheap), I also think that's not fair. We have made substantial technical improvements to whitecoin since the foundation took over. Some coins go much longer between wallet updates (look at potcoin, still successful despite low technical improvements).

That said, the reality is we do need these issues raised, they are important, and the purpose of the foundation is to keep us all accountable to eachother and the wider industry. You are 100% correct that the wallet should be out by now, and it's not, and that's an important issue to raise. But sometimes WNW you have a tendency to raise the alarm bells in a way that seems as though you're trying to convince people to leave our community, and I think that's where people (incorrectly) throw the FUD finger at you.

I'd encourage both you, and your detractors to give that some thought. We need alarms raised when there are problems. But we also need to all be working together to solve them. WhiteNotWright, would you commit to assisting and joining us on the operations side, even just as an advisor? Or perhaps be willing to (like many others), pony up a bit so we can get Mindfox the help he needs?

Best,

Chris

Just to add some extra information regarding the new wallet, yes it has been way overdue. But to be honest i personally postponed the release on the logo / skin update. I was not satisfied how the complete wallet looked like as a final result (yes it was already completed), so i designed a new one myself. If we do the things we need to do then we need to do them right and be proud of the product we deliver.

Yes it should be released already, but redoing a complete skin takes time and has some new obstacles for mindfox. I personally am no wallet developer so i cannot do this task but only give advice and try to help  Mindfox where i can. I needed to discuss many things on the design if things are possible or not. But i'm sure he can get my design results done.

Due to my vacation (which is still going on) I have not been in sync with mindfox and the team.  but I will get an update from Mindfox soon.
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