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Topic: [ANN][KARM] Karma / ₭ / X11 - page 240. (Read 583120 times)

hero member
Activity: 553
Merit: 500
July 25, 2014, 02:54:29 PM
https://twitter.com/bobcaticus/status/492726182844968960


Bittrex is putting blackcoin up as a pairing along with btc and ltc.  Karma would be a real good match.  both solid coins and good devs.

People need more places to buy Karm.
hero member
Activity: 518
Merit: 504
legendary
Activity: 1274
Merit: 1000
July 25, 2014, 02:25:16 PM
Did anybody attend the Bitcoin conference in Chicago?

If so, how did it go and did we have a Karma Booth?





Karma team was looking for someone, who lives around to attend, but as far as I know, nobody volunteered.

on contrary. people did valunteered.

the project was pushed away because of few reasons. One of them was funding. We decided to focus funds in improving lill.com first. secondly time : We were more focused in improving our code and strengthening our blockchain.
sr. member
Activity: 406
Merit: 250
July 25, 2014, 01:19:01 PM
Did anybody attend the Bitcoin conference in Chicago?

If so, how did it go and did we have a Karma Booth?





Karma team was looking for someone, who lives around to attend, but as far as I know, nobody volunteered.
newbie
Activity: 40
Merit: 0
July 25, 2014, 12:26:54 PM
Did anybody attend the Bitcoin conference in Chicago?

If so, how did it go and did we have a Karma Booth?



sr. member
Activity: 406
Merit: 250
July 25, 2014, 09:13:06 AM
No more News section on OP? If so, is it possible to remove it from translated OP?
full member
Activity: 168
Merit: 100
July 25, 2014, 07:09:47 AM
Hi, great job guys!.

Retweet some tweets: https://twitter.com/BitTanker

 Wink
hero member
Activity: 1022
Merit: 501
Creator of the ICO
July 25, 2014, 02:59:10 AM
i was wondering to is their even a non binding letter of intent for the sale?

When we have successfully forked to X11 (and have taken care of some other outstanding issues, as noted in its original post) then I can discuss what I know so far.

As mentioned, we have not put Lill up for sale. It's an offer made by an interested party. Our focus is on adding value as much as we can to the Karma ecosystem, and this includes my exploration of a VC that is interested in Lill. Now that I know the nature of his interest we can know how to weigh it.

My first priority is to Karma, so now I am making sure that we make the shift to our new, energy-efficient algorithm successfully so that we can continue to talk about Karma in a good way.

The nature of cryptocurrency is quite feeble and perhaps a bit schizophrenic, with over-saturation in the marketplace and lack of trust in coins (with most coins failing within 30 days). Our plan is for Karma to not only be alive in 1 year and beyond but successful. That will not happen if we are focused on day-to-day price movement.

Problems arise when we apply altcoin thinking to Karma. Karma is born of this, but is so much more. Karma is something unique, with long term vision and goals since the new team started 3 months ago.

Many of the cryptocurrency community now have short term intentions for immediate profits. I liken this to the difference between day traders in stock markets and the truly wealthy, who have built up fortunes by balancing wisdom with patience. Such irrational exuberance was promoted by the "dot-com boom" that many of us don't remember well enough. And now we have a cryptocurrency boom, with the same kind of actors and conditions in place.

We are more like Amazon and less like WebVan.

Go Karma!
sr. member
Activity: 448
Merit: 250
July 25, 2014, 02:53:13 AM

10 000 sent.

Doing good is good!

The saving innocence fundraiser has raised now 78% of its goal. This was achieved by 13 transactions up to now. I guess there are some more Karmaneions out there to give some good Karma for a good cause!

http://karmafund.me



still 78%...  buy some cheap Karma and donate it to a good cause. Dont be depressed Karmenions. All will be good!

Thank you!
sr. member
Activity: 257
Merit: 250
July 25, 2014, 02:16:10 AM

10 000 sent.

Doing good is good!

The saving innocence fundraiser has raised now 78% of its goal. This was achieved by 13 transactions up to now. I guess there are some more Karmaneions out there to give some good Karma for a good cause!

http://karmafund.me



still 78%...  buy some cheap Karma and donate it to a good cause. Dont be depressed Karmenions. All will be good!
sr. member
Activity: 448
Merit: 250
July 25, 2014, 02:08:47 AM
100% agree with the sentiments expressed by these 2 members. Also, and I've kept my mouth shut thus far, really bummed out (like the other poster) to see Karma move completely away from Scrypt and matriculated fully to x11. In a parallel universe I would have liked to see the option to mine this great coin on a given pool using either option as a choice that each miner could make for themselves.



Furthermore, my other suggestion is to work on the look of the wallet! A very important point which unquestionably will raise the price and will attract many investors. There is a story that sells the product type! Beautiful book with lots of features - it will sell! See, for example wallets DARK and now make this SYNC!

I agree.
A nice distinct professionally looking wallet increases the thrust people put on the guys developing the coin network.

Also, not only looks, but also distinct new features attract a lot of people.

What do you think about this idea:

we could have an option in the wallet where you could set a certain percentage of all transactions which goes directly to one of the Karmafund.me causes or to a development fund for lill.com? Totally optional of course.

sr. member
Activity: 257
Merit: 250
July 25, 2014, 02:04:30 AM
100% agree with the sentiments expressed by these 2 members. Also, I'm a bit bummed (like the other poster) to see Karma move completely away from Scrypt and matriculated fully to x11. In a parallel universe I would have liked to see the option to mine this great coin on a given pool using either algorithm options as a choice that each miner could make for themselves. That said, appreciate the proactive, assertive moves that Karma has always been a part of!

Good Karma to all.



Furthermore, my other suggestion is to work on the look of the wallet! A very important point which unquestionably will raise the price and will attract many investors. There is a story that sells the product type! Beautiful book with lots of features - it will sell! See, for example wallets DARK and now make this SYNC!

I agree.
A nice distinct professionally looking wallet increases the thrust people put on the guys developing the coin network.

Also, not only looks, but also distinct new features attract a lot of people.
sr. member
Activity: 448
Merit: 250
July 25, 2014, 02:03:30 AM
Doing good is good!

The saving innocence fundraiser has raised now 83% of its goal. We are slowly approaching the goal. Maybe now everybody can see why I did not opted for a 25 mio fundraiser... Here,  also small donations have a visable impact contributing to the goal. Small donations are welcome. Thanks for the last 2700 Karma, whoever that was! And be nice to each other out there.


http://karmafund.me


sr. member
Activity: 448
Merit: 250
July 25, 2014, 01:58:19 AM
ah man. everyone need to calm down. if you feel like people are trolling then just let them troll. replying to that only floods the thread with more pointless drama. lets avoid that.

to anyone else, who are coming here now asking question please read some older post. go back a few pages. you will find most of your answers answered already.

especially lill.com. We told you to not read between the lines. The renouncement was not for a concrete sell, we simple said we got approached. and the approached then turned serious. what this means is that :one , the VC verbally said he wants lill.com (not in contract) and two , we got a sum offering. Since we are trying to be as transparent as we can then we shared this news with you all. Kosmost was the one that was involved and he posted the announcement post. Every single person in the team read about it at the same time the public did. Kos chose to post it to the public to be as fair as possible. It was an announcement to share some good news. news that were encouraging. One of our most popular IPOCOs got an offering already. which is successful news. whether the deal goes through or not. It means that we are on to something that shows interest.

If our team's history has shown anything is that we try to be as transparent as possible and we do not lie. When we say we will do something it's after we are %20-50 already trying to get that done.

Therefore when Kosmost makes a huge public post about something, then rest assure that things are in motion. We do not need to fake promises.

+1 no need for Karmadrama Wink
sr. member
Activity: 406
Merit: 250
July 25, 2014, 01:40:25 AM
so what will be the next change in the karma project.
Why don`t we first, as a community and in that matter extended Karma team, start promoting X11 as much as we can, everywhere we can and maybe on a later stage, after month or so, ask a questions about next big thing?
sr. member
Activity: 350
Merit: 250
July 25, 2014, 01:22:59 AM
so what will be the next change in the karma project.
legendary
Activity: 1274
Merit: 1000
July 25, 2014, 01:21:29 AM



Does this new update do anything for the subsidy?  I'm curious if there was any planned cuts to the subsidy and/or max hardcap.  Seems like a lot of over diluted coins are doing that now which is a great idea since it's identical to a stock BuyBack only it doesn't cost anything dollar-wise.

Regards...

As far as I know nothing has been changed to the current block reward table/schedule.

No. We are not changing anything yet. We had to stop that project short. Even thought it almost was a split between  "for yes" and "for no" we started seeing too much arguments and we felt people were starting to distance away from the frustration at the others voting for the opposite. At the same time this would have been something that has never been done before (as far as i know) and it would be a serious code effort.

Since our main focus is to get the x11 algo out of our way first , then considering all the time , effort and resources needed for it and seeing our community up in heated arguments , the team decided to put this project on hold for a later day, or perhaps never. its not something we should keep up for discussion at this moments.

Even though we did not change any parameters ,forking into x11 algo should bring back a lot of miners that we lost due to the hot summer. Also we could be the new hot coin that all the X11,13,14,15,etc algo miners might start mining. This will help our coin's distribution a lot. since it will be harder to mine karma.

There is also the hopes that we will attract all the chinese miners. they love x11 algo due to the lower energy spent to mine it. Hope those miners will help Karma spread around Asia's continent.
legendary
Activity: 1274
Merit: 1000
July 25, 2014, 12:41:14 AM
ah man. everyone need to calm down. if you feel like people are trolling then just let them troll. replying to that only floods the thread with more pointless drama. lets avoid that.

to anyone else, who are coming here now asking question please read some older post. go back a few pages. you will find most of your answers answered already.

especially lill.com. We told you to not read between the lines. The announcement was not for a concrete sell, we simple said we got approached. and the approached then turned serious. what this means is that :one , the VC verbally said he wants lill.com (not in contract) and two , we got a sum offering. Since we are trying to be as transparent as we can then we shared this news with you all. Kosmost was the one that was involved and he posted the announcement post. Every single person in the team read about it at the same time the public did. Kos chose to post it to the public to be as fair as possible. It was an announcement to share some good news. news that were encouraging. One of our most popular IPOCOs got an offering already. which is successful news. whether the deal goes through or not. It means that we are on to something that shows interest.

If our team's history has shown anything is that we try to be as transparent as possible and we do not lie. When we say we will do something it's after we are %20-50 already trying to get that done.

Therefore when Kosmost makes a huge public post about something, then rest assure that things are in motion. We do not need to fake promises.
sr. member
Activity: 406
Merit: 250
July 24, 2014, 11:26:43 PM



ATTENTION PLEASE: Karma is now set to fork at the date indicated in this article. Please read up!

http://karmawire.net/karma-is-set-to-fork-to-x11/




After hours of tedious work and testing the dev working on the fork Hiro our Karma hero has finally given us the thumbs up to proceed with our transition. Please follow the link above for more detailed information on the expected date and block for our transition to X11.  I would like to thank Hiro for his dedication and hard work as well as our community for their support and understanding as Hiro fixed all the last minute issues he encountered to finally allow us to smoothly transition into X11.

Please remember to update your wallets before the hard fork. The mandatory wallet update is expected to be available within the next 48 hours on page one of this thread or on any of the other Karma forums. For your convenience a link will also be posted here as soon as it is made available.
Yeah, cool. Great news guys. Thank you very much for everything. This is another great path of our journey. You are awesome!
full member
Activity: 219
Merit: 100
July 24, 2014, 10:19:43 PM
i was wondering to is their even a non binding letter of intent for the sale?
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