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Topic: [ANN][BOS] 🔹🔹 BOScoin 🔹🔹 Self-Evolving Cryptocurrency Platform🔹🔹 - page 235. (Read 227585 times)

sr. member
Activity: 422
Merit: 250
ICO Finished in minutes.

Amazing  Cheesy
newbie
Activity: 19
Merit: 0
Can we send from Bittrex wallet?
full member
Activity: 182
Merit: 100
https://boscoin.io
It looks to me like the team is trying to hide the fact that there was a crowdsale before this ico, it is very hard to find information about it. The way it looks now is that this is the first chance to buy into this project, which is not the case. Can you please let me know how many tokens were sold in the crowdfunding? I would like to know how much more I will have to pay now compared to investors in the crowdfunding.

EDIT: I found the info. Discount for pre-ico participants was minor: 47k for every BTC invested then vs 40k for every BTC invested now. Good enough for me, I'll invest some.

Well... There is nothing to hide and we announced several times.

You can see the FAQ in here.
https://medium.com/boscoin/boscoin-ico-faq-frequently-asked-questions-cd6b7c57ba17

For before ICO, here is the detail in here

https://medium.com/boscoin/pre-fundraiser-results-14ba5b4128ae

Thank you. Smiley
newbie
Activity: 10
Merit: 0

And I think you misunderstood the speech of ChangKi Park . He mentioned AI as a environmental factor, not the AI write the code.



Got it, this was the misunderstanding.  I thought AI was related to the coin itself.  Thanks
hero member
Activity: 530
Merit: 500
It looks to me like the team is trying to hide the fact that there was a crowdsale before this ico, it is very hard to find information about it. The way it looks now is that this is the first chance to buy into this project, which is not the case. Can you please let me know how many tokens were sold in the crowdfunding? I would like to know how much more I will have to pay now compared to investors in the crowdfunding.

EDIT: I found the info. Discount for pre-ico participants was minor: 47k for every BTC invested then vs 40k for every BTC invested now. Good enough for me, I'll invest some.
full member
Activity: 182
Merit: 100
https://boscoin.io
Quote
A self-evolving cryptocurrency platform means that it can change it's policy and code by the decision of it's governance system. Governance system called "Congress Network" is constitute of nodes who operate the BOS platform.
So in other words, it's change of code done by majority vote? Just trying to understand what it actually is.  Self-evolving in combination with buzzwords like AI make it sound like there automation rewriting its own code to adapt, which if driven by people would not be the case.

Regarding the partnership with Cosmos, is there any confirmation of this from Cosmos's team? I cannot find mention of BOSCoin on their site, blog, twitter, etc.  
https://cosmos.network/
https://cosmos.network/blog
https://twitter.com/cosmos_hq
https://www.reddit.com/r/TheCosmos/

Also all articles I see describing the partnership are paid PR wires or reposting of another article.

Not saying it's not a real partnership; just trying to find 3rd party confirmation for DD, especially since the token itself is not being distributed until October - so there's not that much to go off of.

Thanks

The press release are all officials with the agreement of both parties. Otherwise we will be accused.

And I think you misunderstood the speech of ChangKi Park . He mentioned AI as a environmental factor, not the AI write the code.

And governance system is extremely important because without governance system Bitcoin underwent dispute between Segwit and BU, Ethereum even experienced the split of community.

Anyway it is up to you how you think about this.

Thank you.


newbie
Activity: 10
Merit: 0
Quote
A self-evolving cryptocurrency platform means that it can change it's policy and code by the decision of it's governance system. Governance system called "Congress Network" is constitute of nodes who operate the BOS platform.
So in other words, it's change of code done by majority vote? Just trying to understand what it actually is.  Self-evolving in combination with buzzwords like AI make it sound like there automation rewriting its own code to adapt, which if driven by people would not be the case.

Regarding the partnership with Cosmos, is there any confirmation of this from Cosmos's team? I cannot find mention of BOSCoin on their site, blog, twitter, etc.  
https://cosmos.network/
https://cosmos.network/blog
https://twitter.com/cosmos_hq
https://www.reddit.com/r/TheCosmos/

Also all articles I see describing the partnership are paid PR wires or reposting of another article.

Not saying it's not a real partnership; just trying to find 3rd party confirmation for DD, especially since the token itself is not being distributed until October - so there's not that much to go off of.

Thanks
hero member
Activity: 504
Merit: 501
Joined the signature campaign! :-)
full member
Activity: 182
Merit: 100
https://boscoin.io
Are you guys launching an exchange? Is the testnet client going to downloadable by everyone in July?

Listing exchanges will be done in October and you can download and participate the test.

Thank you.
full member
Activity: 465
Merit: 100
Are you guys launching an exchange? Is the testnet client going to downloadable by everyone in July?
full member
Activity: 182
Merit: 100
https://boscoin.io
Can you explain more what BosCoin is doing with AI or what it means to "self-evolve"? A lot of text I'm finding seems circular in description.  

For example:
“BOScoin is a self-evolving cryptocurrency platform. With so many advances in machine learning, artificial intelligence, and quantum computers, it's impossible for us to predict the future. Which is why BOScoin is designed to evolve,” said Changki Park, BOScoin CEO.

In other words, it's self evolving because of machine learning, AI, and quantum computers, which makes it impossible to predict, which is why it evolves.

I'm willing to chalk it up to English not being the dev's first language, but I'd still like to know more what the coin is about before buying it.  What I read from the BosCoin site sounds more like just a simpler version of Ethereum to reduce the risk of programming errors like with what happened to DAO. I'm not really seeing what it has to do with AI or self evolving, which I'd like to understand more on.


Also regarding the ICO itself, do we need a personal BTC address/wallet or can it be sent from an exchange? It seems like no coins will be distributed until October.  Is there a way to verify our ownership or is it just the BosCoin dashboard/website?

Thanks

Thank you for your question.

I'll answer it one by one.

1. A self-evolving cryptocurrency platform means that it can change it's policy and code by the decision of it's governance system. Governance system called "Congress Network" is constitute of nodes who operate the BOS platform.

2. The needs for changing it's policy and code are because we can't predict what will happen tomorrow. If quantum computer is realized, bitcoin hash power might be useless or something other things can happen that disarm the existing blockchains. In that situation if we can't change blockchain to cope with the changes of environment, blockchain network would collapse. So it is really important that the blockchain network can change and adapt according the variation of environment. We can change the core and logic by the decision made by Congress network.

3. With regard to Ethereum, we think Turing Complete is not complete when it deals with 'contracts'. Contract must be decisive. A is A and B is B just like Bitcoin has decidability. But Turing Complete has many side-effects which cannot be predicted before we run the code. Once the code run the contracts is executed. It means that there could be the result that we can't predict before. If the result is not predictable, we can't use it in contract. So we think the way Ethereum want to go is not suitable for contracts.

4. So we make Trust Contracts. What we are trying to make is the trust contract, a kind of smart contract. Unlike Ethereum, trust contract are not Turing-complete, but decidable. We are not trying to make a smart contract that could run any program, but rather we are more focused on building trust and reliability of smart contracts.  

5. You can see your personal address when the ICO start. Before then the address is not shown.

6. You can check the ownership in the BOScoin dashboard/website until genesis block. We will keep it safely and backup several copies.

Thank you.
legendary
Activity: 854
Merit: 1000
Who the hell prepared your bounty submission forms?Are we supposed to fill it every time we tweet or share your fb post?This is the most complicated  bounty program I have ever come across on this forum.Posting date and time of tweets and post.
newbie
Activity: 10
Merit: 0
Can you explain more what BosCoin is doing with AI or what it means to "self-evolve"? A lot of text I'm finding seems circular in description. 

For example:
“BOScoin is a self-evolving cryptocurrency platform. With so many advances in machine learning, artificial intelligence, and quantum computers, it's impossible for us to predict the future. Which is why BOScoin is designed to evolve,” said Changki Park, BOScoin CEO.

In other words, it's self evolving because of machine learning, AI, and quantum computers, which makes it impossible to predict, which is why it evolves.

I'm willing to chalk it up to English not being the dev's first language, but I'd still like to know more what the coin is about before buying it.  What I read from the BosCoin site sounds more like just a simpler version of Ethereum to reduce the risk of programming errors like with what happened to DAO. I'm not really seeing what it has to do with AI or self evolving, which I'd like to understand more on.


Also regarding the ICO itself, do we need a personal BTC address/wallet or can it be sent from an exchange? It seems like no coins will be distributed until October.  Is there a way to verify our ownership or is it just the BosCoin dashboard/website?

Thanks
sr. member
Activity: 504
Merit: 250
What is the price for a coin? Is there a minimum payment for investors and if there is a bonus?

0.01 BTC minimum investment amount.
5 billion total coins*


We aim to issue a total of 5.0 billion coins over the next 100 years. These values are subject to change.

The change will probably be upward

1. There is no code
2. There is no fixed market cap
3. The Bitcoin price is up but still 1BTC for 40,000 BOS (This does not make sense, as Bitcoins price is up because the ecosystem has grew but BOS is still in ICO stage nothing has changed.

Overall this project is not my favourite.
sues"

Agree. Considered the bitcoin price has increased > 50% since the announcement of this thread (Jan-2017), why the offering price is still kept at the same? May be I am a newbie here. Is it a norm?


We received same question and we reviewed. There are several big problems when we change our price ratio, most important is we should postphone the ICO to change the ratio and we don't know what will happen at the time.

We think high price would not be helpful for us but there is no other way now.

Thank you.


Running a mult-million dollar organisation means you have develop stronger arguments than just "technical is

Investing being voluntary means you are free to "not invest at all" as well. Bitcoin has gone up 50% but the interest in Crowdsales and altcoin prices have outpaced bitcoin as well so I don't really see a reason for them to alter their plans based on a Bitcoin rally. There is also no guarantee that Bitcoin won't retrace down to $1200 before the sale is over.
full member
Activity: 182
Merit: 100
https://boscoin.io
4 more hours ICO will start preparing your capital to invest in BosCoin  Wink

3 Hours left, now...   Shocked
sr. member
Activity: 1022
Merit: 252
4 more hours ICO will start preparing your capital to invest in BosCoin  Wink
legendary
Activity: 1554
Merit: 1001
Hi Guys,

I would like to participate in the signature campaign but i can only have 50 chars max in my sig. Is there another sig i can use?

Newbie account are not allowed to use big signature code so wait until you rank got increased in few days.

Waiting for this ICO to get started my BTC are ready for this big project.
newbie
Activity: 23
Merit: 0
Hi Guys,

I would like to participate in the signature campaign but i can only have 50 chars max in my sig. Is there another sig i can use?
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