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Topic: [ANN][BOS] 🔹🔹 BOScoin 🔹🔹 Self-Evolving Cryptocurrency Platform🔹🔹 - page 202. (Read 227603 times)

hero member
Activity: 1239
Merit: 562
FracTools - Oil Industry
I hope everything realize before October,is long time to wait.
newbie
Activity: 20
Merit: 0
WTS 300000 BOScoin dashboard account.
bid price - your offer to pm'd

[ESCROW] - YES
no one will bite that bait dude, even if you sold the dashboard account, the buyer will not get the full ownership of that account since the private keys to get the token will release by October and it will surely be sent to your e-mail account, but anyway, nice try buddy Grin

What bait? What try? It's sad that everywhere you see the bait...
Your comment is pointless and insult me.

I am the holder of account with 300000 BOScoin - I can prove it for buyer at any moment.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
WTS 300000 BOScoin dashboard account.
bid price - your offer to pm'd

[ESCROW] - YES
no one will bite that bait dude, even if you sold the dashboard account, the buyer will not get the full ownership of that account since the private keys to get the token will release by October and it will surely be sent to your e-mail account, but anyway, nice try buddy Grin
newbie
Activity: 20
Merit: 0
WTS 300000 BOScoin dashboard account.
bid price - your offer to pm'd

[ESCROW] - YES
full member
Activity: 129
Merit: 100
when can we get the private key?

thank you!



Private key (wallet) shall be ready by October.. Thanks
hero member
Activity: 952
Merit: 501
when can we get the private key?

thank you!

hero member
Activity: 910
Merit: 508
The iou is drumming up profits big time already
Goto hitbtc and see

Nothing special there  Wink
member
Activity: 67
Merit: 10
Big time

The investors will dump the iou's before the release on exchanges and it will crash to the real price
sr. member
Activity: 343
Merit: 250
The iou is drumming up profits big time already
Goto hitbtc and see

HITBTC is profiting yes
member
Activity: 67
Merit: 10
The iou is drumming up profits big time already
Goto hitbtc and see
sr. member
Activity: 343
Merit: 250
when can we receive our tokens?

thank you!

You will get tokens by October, when its launch on exchanges and wallet is being produced.. Thanks

Bro that's lame to have investors $$ locked up for so long, for an unproven product.  I would have invested had you done what QRL did, which was to release erc20 tokens before mainnet. Which could have been swapped with BOS.  This move could have allowed for market movement and generated buzz around the project...and allowed for investors to take some short term profit.  Good luck drumming up PR in October
full member
Activity: 369
Merit: 100
We bounty can only wait. It is also the same that investors if it is the new October launching in pending money for it.
I hope there is a surprise by dev giving the news next month already lanching as well as going to success like Humaniq
newbie
Activity: 54
Merit: 0
Who is projecting that price??

Realistically it will be .50c-$1 when it gets on exchange in 3 months I believe. ICO price will end up being about .10c-.15c at the time. It's been developed for a long time and will be the first market mover in Korea for smart contracts. Which is a really really big thing.

I think it would great if it can hold at $1 for the first year given the large supply of new coin minted. Just think about what a node runner/coin freezer will earn in the first year time at $1 price level.
That's fair. But I hope the price in first year is 5$😁

I think it would equal 1/2 ETH after 2 years

Honestly, that would be awesome, especially if ETH go moon (say around 1k). 0.5 ETH is ~500usd. Amazing!
But viewing from the market cap, ETH has probably 110mil coins after two years. Boscoins probably has 1.5b coins at that time.
0.5 ETH price level can translate to ~7 times of ETH market cap for Boscoin.

I won't rule out any possibility but the chance for 0.5 ETH, however, is probably too slim from my perspective. You may want to check ETH's implementation timeline in the next 2 years, not to mention they are up and running for 3 years already. And they have a rich and lively ICO community there. Comparatively, looking at the timeline, Boscoin takes some time to get the network stabilized and major milestones done (M0 - M4). I sincerely hope the dev team can speed up their development and partnership schedule, given we have already seen so much competitions from the market and all of them have a significant head-start compared to Boscoin (e.g. Tezos, Aeternity, etc).

newbie
Activity: 32
Merit: 0
Who is projecting that price??

Realistically it will be .50c-$1 when it gets on exchange in 3 months I believe. ICO price will end up being about .10c-.15c at the time. It's been developed for a long time and will be the first market mover in Korea for smart contracts. Which is a really really big thing.

I think it would great if it can hold at $1 for the first year given the large supply of new coin minted. Just think about what a node runner/coin freezer will earn in the first year time at $1 price level.
That's fair. But I hope the price in first year is 5$😁

I think it would equal 1/2 ETH after 2 years
full member
Activity: 129
Merit: 100
when can we receive our tokens?

thank you!

You will get tokens by October, when its launch on exchanges and wallet is being produced.. Thanks
sr. member
Activity: 1022
Merit: 256
@Douglas kim, I have subscribed to Boscoin's news letter.
Why are we not informed about the progress of the Boscoin project development?
Is the newsletter only for ICO information?

I think this is all we need!!!

BOScoin = BlockchainOS + coin (BOS)

Initial total supply: 500,000,000

BOScoin Pre-ICO Nov, 2016 to Jan, 2017:
133,906,311 BOS tokens distributed.
2,815.425 BTC raised.
roughly equivalent to $3M at the currency rate of the moment.
519 Participants joined.

BOScoin ICO May 10, 2017:
276,093,688.786 BOS tokens distributed.
6,902.342 BTC raised.
12,202,995.54 Equivalent to USD raised.
2,173 Participants joined.

BOScoin bounty program:
Bounty Program, 28 Mar 2017 to 10 May 2017.
9,311 Bounty applications in total.

Congress:
Democratic decision-making body for BOScoin.
You need 40,000 BOScoin to run 1 Node.
1 Node = 1 Vote.

Trust Contracts:
BOScoin aims to use the Owlchain technology.
Transaction Speed: 1,000 tx/sec.(target).
Block Interval: 5 seconds.
Block Size: Dynamic.

Testnet is scheduled to be presented at the end of July 2017.

Livenet is scheduled for October 2017.

Exchanges:
Currently on HitBTC and possibly on Poloniex, Bittrex, Kraken, Liqui...

Price speculation after October 2017:
2017= $1
2018= $5
2019= $25
2020= $125

(From an investor) and participant of the BOScoin community


Did you factor in the inflation or large new supply distribution in the first 5 years?
I hope my calculation is not wrong. From the distribution graph, in 2020, there probably will be just shy of 2 billion coins.
$125 price gives you ~200 billions market cap easily. Given bitcoin current market is just 45 billions, is there any special reason Boscoin can significantly rises to such level? From what I see in the prediction sequence, it is 5x per year. As we see in ETH, it doesn't have such a pattern. I am also pro-Boscoin but just would like to see I am missing anything.

Of course it is still possible, esp I have seen people project bitcoin to be >50k in 2020. It pushes market cap over 1-2 trillions. However, for boscoin, I am afraid the price may be suppressed for awhile until the new supply slows down or there is an unbelievable adoption worldwide.

Thanks for the update bytcoin. But no Korean exchanges planned for BOScoin this coming October? Imagine if BOScoin gets listed on major Korean exchanges? We can do an IOTA or even more.

I agree with cychan2. We have to consider the inflation too. 
hero member
Activity: 952
Merit: 501
https://bitcoinmagazine.com/articles/qtums-block-size-limit-will-be-governed-smart-contracts-heres-how


Qtum’s Block Size Limit Will Be Governed by Smart Contracts: Here’s How

Qtum is an up-and-coming smart contract platform set to launch in September of this year. Sometimes ambitiously referring to itself as “China’s Ethereum,” the project recently raised $15 million in three days through a successful crowdsale or “Initial Coin Offering” (ICO).

On a technical level, the Qtum blockchain will resemble Bitcoin, but will integrate an Ethereum-like Virtual Machine on top for smart contracting purposes. Additionally, Qtum is in the process of implementing a “Decentralized Governance Protocol” (DGP). This DGP will have smart contracts determine the blockchain’s parameter selection, like its block size limit.

Jordan Earls, also known as “earlz” online, is the co-founder and lead developer of Qtum.

“We believe this will allow for Qtum to be the first self-modifiable, self-regulating and ultimately self-aware blockchain,” he told Bitcoin Magazine.

 The Concept
Any blockchain has a number of parameters. In Bitcoin, this of course includes the 1 megabyte block size limit. But it also includes the block reward (currently 12.5), the block interval time (ten minutes) and more. These and three other parameters apply to Qtum as well.

But there are two basic problems with needing to have these parameters. First, they are very hard to get “right,” in so far as that’s even possible, since different parameters benefit different use cases. And second, in a decentralized system, these parameters can be very hard to change.

“The core rationale and problem we had when designing this is that we will release Qtum with some initial parameters that we try to make perfect,” Earls told Bitcoin Magazine. “But we don't know what the ecosystem will look like one month after release, much less one year. So, we designed DGP. That way, we can tune the blockchain to be as usable and secure as possible without needing to fork, just to change a simple number from 1 to 2.”

Qtum plans to realize this way of “tuning the blockchain” by doing what it does best: The DGP will consist of relatively straightforward smart contracts made up of blockchain-readable pieces of executable code.

“We have open-source smart contracts which implement the rules for changing the parameters, which will then be accepted by all nodes. It implements a fairly simple governance system of ‘user keys’ and ‘admin keys.’ There is a modifiable parameter in the contract which determines how many keys of each type must vote in order to approve a change to, say, the block size limit.”

Importantly, through the use of smart contracts, these keys can actually represent more than just a regular user per key: Each key can represent a defined group.

“Perhaps one key represents a majority of hash power; or a key represents coin votes by coin holders; or a key acts according to a dynamic limit based on how full blocks are. Or even oracles: a key can effectively be controlled by people or servers that act based on input not directly readable by the blockchain itself, like USD market price for transaction fees. It’s extremely flexible.”

Qtum will almost certainly include smart contracts for the block size limit, the gas schedule to determine the price of different smart contract operations (for which Ethereum hard forked several times) and the minimum gas price. Additionally, it might deploy smart contracts for block interval times, block rewards, maximum gas per block and maximum script size or signature operations per transaction or block.

Changing the Rules
Embedding the parameter selection in smart contracts is clever and having all node software adjust accordingly even more so. However, an arguably even harder problem is not so much what parameter is decided on, but who gets to decide in the first place and how.

In Qtum, the initial parameters will be set by the developers based on their testing and measurements.

“For instance, we've already determined that a block size of 2 megabytes should be reasonable,” Earls said.

After that, the initial set of rules to define the parameters can be changed themselves within the rules of the system, too.

A smart contract could, for example, start out relatively simple: It requires a majority of core developers to change the rules of the contract. Then, if a majority of core developers decides that instead of just developers, it should also include a majority of coin holders, the contract can be changed to a two-of-two multisig contract. From that moment on, one key would represent the developers, while the other key would represent the majority of coin holders. Next, if both developers and coin holders agree, hash power can have a seat at the table, too, and so forth.

As such, Qtum smart contracts can change not only the parameters of the system, but also how the parameters themselves can be changed.

That said, as Earls acknowledged, the Decentralized Governance Protocol can’t actually solve all governance problems. It’s specifically designed to make certain predefined parameters more easily adjustable, and it can indeed even change how these parameters can be adjusted to some extent.

But the Decentralized Governance Protocol does not and cannot apply to network rules that aren’t among these predefined parameters. Protocol changes outside of these specific parameters would still require a typical upgrade mechanism, like a hard fork or a soft fork.

“I believe if Bitcoin had DGP technology, then we would still see all this fighting about SegWit vs Bitcoin Unlimited, etcetera,” Earls acknowledged. “But, DGP would have been used in the meantime to increase the block size to something conservative but reasonable like 2 megabytes or 4 megabytes, to avoid all the transaction speed problems. Meanwhile, the developers and community could figure out a more permanent solution.”


seems Qtum want to do something similar?
hero member
Activity: 952
Merit: 501
when can we receive our tokens?

thank you!
member
Activity: 109
Merit: 13
A positive attitude changes everything *_*
legendary
Activity: 1876
Merit: 1005
Number of tokens which were offered in ICO shows that the chance for having at least 10X is very high. I will say after hitting exchanges in October we will see it being traded for 4000 BOS for 1 Bitcoin. That is very logical and reasonable price in my opinion and this is not illogical or expecting too much what I am saying.
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