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Topic: [ANN] X-CASH | Open-source | Public, private tx | DPOS based CN coin - page 80. (Read 137463 times)

hero member
Activity: 2100
Merit: 562
This project will going to explode before the end of this year, I hope the Dev Team will working on the best exchange to list this project, and the best thing also is, this algo is very low in electricity consumption.. Mining it for 6 days straight!
full member
Activity: 648
Merit: 101
Hello everyone this another successfully coin will grow for this year. how is it to get a coin?
newbie
Activity: 16
Merit: 0
Really interesting project and I'm glad I found you all at this point of development! Exciting to see something take off and hopefully do well!  Grin

I'm curious if the bounties for the first 1000 been claimed?
legendary
Activity: 2408
Merit: 1442
Hello, I joined the ranks of your supporters since today.

I must already recognize that the team that intervenes on discord is ultra responsive Smiley

 This is an excellent point Smiley To be continued! Smiley  Wink
newbie
Activity: 172
Merit: 0
Interesting project, I am mining it! Smiley

And it's impressive to see how many people you got on Telegram during the weekend and today with the airdrop/bounty! Congrats!
jr. member
Activity: 294
Merit: 1
Quote
Hi, I think you summarized it perfectly. The idea is really to avoid mass token concentration like there are with other tokens where top 100 holders hold 50% of the supply. So we came up with this idea of long-term airdrops, because maybe the people will dump in the early months, but eventually if the coin starts becoming successful, we will have people holding.

That doesn't come without drawbacks, one of them is the size impact this will have on the blockchain, which is why we are working heavily on the bulletproof implementation to reduce transactions' sizes by 80%. And also looking forward to a later version of X-CASH (2.0) which will solve all these issues.

In the end, it's a trade, whether or not you received the coin for free, but I get your point that this is slightly different from a psychological perspective; some people will dump it, and they might be right, some people will hold it, and they might be right as well. Our job is to give all our energy to release a good product for the mass-market and make that second possibility real.

Reading again my last post made me cringe considering how many typing mistakes I've made lol.

Back to the project. I am glad I understood the plan correctly. It is indeed a risky move, but you can't win without taking chances... And I am convinced that the biggest influence a project can get is from the people who build it. Considering you have a simple but hard to reach goal it depends on you if this project will be alive after several years...

The second biggest influence is the community. The best real world example is Verge... They had lots of problems, they worked on their project for several years, and now, they are part of a conglomerate that I have no doubt it will be one of the stepping stones for adoption.

It's not about the dollar value, it's about adoption in the end. And I am saying that risking people judging me for being a hypocrite, but... it's the truth... I am here for building some wealth? Yes! But that doesn't change the big picture... In our quest for wealth, we help the crypto industry and I don't know how many people realize that (excluding the plagues of scammers obviously) 
newbie
Activity: 76
Merit: 0
I think, the good thing about these airdrops will be that the decentralization could happen faster... and that is because a lot of people, when they receive airdrops, the don't really care about the project, so they'll dump their thousands of coins for 10 satoshis because...who cares? they got that for free... Getting coins free doesnt involved people as much as paying for them...

Now, imagine one of this people gets 10 million coins, the coin hits an exchange, he dumps them for 1 satoshi... now here is the interesting part... if some new guy sees this coin, checks the wallet, the team, etc... he decides he could buy this because it's cheap, but he won't risk that much... he decides to buy $10 worth of x-cash... imagine spreading that 10 initial millions to people who buy in ranges between $10 and $100...it's far fetched indeed, some may buy more, some less, but the main idea is there won't be too many whales left in 2 to 3 years.

And if you expect you will be getting rich from this in a matter of months, bad news for you  Undecided

Hi, I think you summarized it perfectly. The idea is really to avoid mass token concentration like there are with other tokens where top 100 holders hold 50% of the supply. So we came up with this idea of long-term airdrops, because maybe the people will dump in the early months, but eventually if the coin starts becoming successful, we will have people holding.

That doesn't come without drawbacks, one of them is the size impact this will have on the blockchain, which is why we are working heavily on the bulletproof implementation to reduce transactions' sizes by 80%. And also looking forward to a later version of X-CASH (2.0) which will solve all these issues.

In the end, it's a trade, whether or not you received the coin for free, but I get your point that this is slightly different from a psychological perspective; some people will dump it, and they might be right, some people will hold it, and they might be right as well. Our job is to give all our energy to release a good product for the mass-market and make that second possibility real.
jr. member
Activity: 95
Merit: 2
1kh brought me like 100k XCASH in 24~hours.


Hoping using a few rigs pays off in the long run but I am a bit concerned how theres a 40% premine and the monthly airdrops people will abuse

Hi,
We put a lot of anti abuse systems in place for our signup process, so it will be very difficult for people to abuse the monthly airdrops
newbie
Activity: 35
Merit: 0
I think, the good thing about these airdrops will be that the decentralization could happen faster... and that is because a lot of people, when they receive airdrops, the don't really care about the project, so they'll dump their thousands of coins for 10 satoshis because...who cares? they got that for free... Getting coins free doesnt involved people as much as paying for them...

Now, imagine one of this people gets 10 million coins, the coin hits an exchange, he dumps them for 1 satoshi... now here is the interesting part... if some new guy sees this coin, checks the wallet, the team, etc... he decides he could buy this because it's cheap, but he won't risk that much... he decides to buy $10 worth of x-cash... imagine spreading that 10 initial millions to people who buy in ranges between $10 and $100...it's far fetched indeed, some may buy more, some less, but the main idea is there won't be too many whales left in 2 to 3 years.

And if you expect you will be getting rich from this in a matter of months, bad news for you  Undecided

You are describe one of many ideal scenarios for any new coin and of course not
jr. member
Activity: 347
Merit: 1
Fun of WINBIX sales system winbix.io
I think coin distribution is really a good idea assuming things go as planned and using Cryptonight is actually not a very bad idea
jr. member
Activity: 294
Merit: 1
I think, the good thing about these airdrops will be that the decentralization could happen faster... and that is because a lot of people, when they receive airdrops, the don't really care about the project, so they'll dump their thousands of coins for 10 satoshis because...who cares? they got that for free... Getting coins free doesnt involved people as much as paying for them...

Now, imagine one of this people gets 10 million coins, the coin hits an exchange, he dumps them for 1 satoshi... now here is the interesting part... if some new guy sees this coin, checks the wallet, the team, etc... he decides he could buy this because it's cheap, but he won't risk that much... he decides to buy $10 worth of x-cash... imagine spreading that 10 initial millions to people who buy in ranges between $10 and $100...it's far fetched indeed, some may buy more, some less, but the main idea is there won't be too many whales left in 2 to 3 years.

And if you expect you will be getting rich from this in a matter of months, bad news for you  Undecided
newbie
Activity: 35
Merit: 0
1kh brought me like 100k XCASH in 24~hours.


Hoping using a few rigs pays off in the long run but I am a bit concerned how theres a 40% premine and the monthly airdrops people will abuse
newbie
Activity: 76
Merit: 0
You made a very nice design of the site and the wallet. I also see updates to the wallet and developer activity. It looks like a serious project.

Thank you!
Yes, we are working actively on several streamlines in parallel so you can expect some frequent updates.
We are serious about this project, trust will be built over time.
Guilhem
sr. member
Activity: 700
Merit: 250
I think this could become people's choice of digital payment system.
This coins giving us the flexibility about the transaction we made to be known by everyone or keeping it private.
newbie
Activity: 76
Merit: 0
is there still room for airdrop registration? how many have participated now? it is only a week from opening

Hi, airdrop registration will open on the 21st of August so no one can register for the moment.
Guilhem
member
Activity: 404
Merit: 10
You made a very nice design of the site and the wallet. I also see updates to the wallet and developer activity. It looks like a serious project.
hero member
Activity: 686
Merit: 500
is there still room for airdrop registration? how many have participated now? it is only a week from opening
newbie
Activity: 76
Merit: 0
This is my two days mining this very potential coin, Pointing my 20 gpu's and 50's another gpu from my client to mine. I love the way they distribute the airdrop too! I hope the exchange list will take place according to the plan..

Great Job to the X-CASH Team!!

Thank you so much. We love to hear these feedbacks. At the moment we are focusing on building a good and clean community as well as focusing on the products. We will start applying to the exchanges next week, and hopefully, we will have some good news very soon!

Guilhem

You're welcome! By the way is this coin is an asic resistance?

yes
hero member
Activity: 2100
Merit: 562
This is my two days mining this very potential coin, Pointing my 20 gpu's and 50's another gpu from my client to mine. I love the way they distribute the airdrop too! I hope the exchange list will take place according to the plan..

Great Job to the X-CASH Team!!

Thank you so much. We love to hear these feedbacks. At the moment we are focusing on building a good and clean community as well as focusing on the products. We will start applying to the exchanges next week, and hopefully, we will have some good news very soon!

Guilhem

You're welcome! By the way is this coin is an asic resistance?
newbie
Activity: 76
Merit: 0
This is my two days mining this very potential coin, Pointing my 20 gpu's and 50's another gpu from my client to mine. I love the way they distribute the airdrop too! I hope the exchange list will take place according to the plan..

Great Job to the X-CASH Team!!

Thank you so much. We love to hear these feedbacks. At the moment we are focusing on building a good and clean community as well as focusing on the products. We will start applying to the exchanges next week, and hopefully, we will have some good news very soon!

Guilhem
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