Topic: [ANN][KARM] Karma / ₭ / X11 - page 254. (Read 583278 times)
I am waiting KARMA to move to x11, then I will start mining KARMA
I may not agree with every decision ..
But .. at least we make them and move on !!
Value creation, I believe is the topic ..
Let's not be too hasty with a sale of lill.com
I see lill.com as our principal revenue generating asset in the LLC
and while it's great news that outside parties have an interest in the project
I'd be opposed to selling anything other than a minority stake assuming lill.com
needs the development capital ..
Any other thoughts opinions ??
Triff ..
But .. at least we make them and move on !!
Value creation, I believe is the topic ..
Let's not be too hasty with a sale of lill.com
I see lill.com as our principal revenue generating asset in the LLC
and while it's great news that outside parties have an interest in the project
I'd be opposed to selling anything other than a minority stake assuming lill.com
needs the development capital ..
Any other thoughts opinions ??
Triff ..
Good decision. Let's concentrate on adding value/demand....
Agreed, I am glad the team decided so quickly.
KARMA will not be reverse split!
Don't blame me If I feel that this announcement is a good news! You all know how I felt about the split discussion
http://karmashares.com/forums/index.php/topic,463.msg2533.html#msg2533
Don't blame me If I feel that this announcement is a good news! You all know how I felt about the split discussion
http://karmashares.com/forums/index.php/topic,463.msg2533.html#msg2533
It is good that this discussion is over. Obviously most of the community members have a different opinion on this topic, so it is better then to keep current number of coins. Now let`s all continue to support KARMA as much as we can.
KARMA will not be reverse split!
Don't blame me If I feel that this announcement is a good news! You all know how I felt about the split discussion
http://karmashares.com/forums/index.php/topic,463.msg2533.html#msg2533[/b]
Don't blame me If I feel that this announcement is a good news! You all know how I felt about the split discussion
http://karmashares.com/forums/index.php/topic,463.msg2533.html#msg2533[/b]
Congrats all that selected Germany in the KarmaWorldCup!
Germany 500,000
500,000
100,000
1,000,000
1,000,000
100,000
1,000,000
100,000
1,000,000
2,000,000
250,000
7,550,000
Total Pot for us = 34,000,000
Germany 500,000
500,000
100,000
1,000,000
1,000,000
100,000
1,000,000
100,000
1,000,000
2,000,000
250,000
7,550,000
Total Pot for us = 34,000,000
https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-xpa1/t1.0-9/10505496_10152478103861840_8329931516700928599_n.jpg
May I ask detail update schedule?
X11 algorithm
Side chain
Reducing total number of coins
There are lots of thing~ I want to know the schedule!!
X11 algorithm
Side chain
Reducing total number of coins
There are lots of thing~ I want to know the schedule!!
Please be patient, a formal update will be made soon.
May I ask detail update schedule?
X11 algorithm
Side chain
Reducing total number of coins
There are lots of thing~ I want to know the schedule!!
X11 algorithm
Side chain
Reducing total number of coins
There are lots of thing~ I want to know the schedule!!
3 If I come to the denomination (eg 1000:1) KARM whether the exchange will take place in the portfolios of the machine and you will need to make a simple exchange will send you as creators of the indicated address and you would send a new currency KARMx? as it has happened with SAT = SAT2 or LIM = LIMx?
Please reply on the forum so that we all understand and be clear because I know that not only did I have such questions.
Please reply on the forum so that we all understand and be clear because I know that not only did I have such questions.
3. This is most likely not happening so please disregard. More info to come.
What? When?
Congrats all that selected Germany in the KarmaWorldCup!
Germany 500,000
500,000
100,000
1,000,000
1,000,000
100,000
1,000,000
100,000
1,000,000
2,000,000
250,000
7,550,000
Total Pot for us = 34,000,000
Germany 500,000
500,000
100,000
1,000,000
1,000,000
100,000
1,000,000
100,000
1,000,000
2,000,000
250,000
7,550,000
Total Pot for us = 34,000,000
Just a reminder to all people holding their coins on exchanges for extended periods of time... this kind of practice is not safe.
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
+1 thanks a lot Alphi
further update on the mintpal saga.
people are saying on the vericoin thread..
8 million vericoin stolen equates to about $2,000,000 or 1/3 of all the vericoin in circulation.
my take...
if the thieves manage to keep the coins then they can stake them and get 1/3 of all new coins being created for eternity and for doing absolutely nothing (as vericoin is PoS) and mintpal will have to absorb a massive financial hit.
I believe that vericoin and mintpal have no other choice than to hard fork and roll back the vericoin blockchain which will effectively void every transaction that happened since the attack. this is because if they do not.. they will both suffer immensely.
what we are seeing played out in realtime before our very eyes, is what could happen to Karma if people continue to hoard coins and store them in centralized places like exchanges. this is why I have always been against policies that encourage hoarding and centralization of coins.
the message is clear... encourage people to spread the coins around and keep them safely tucked away where only they have access to them.
people are saying on the vericoin thread..
8 million vericoin stolen equates to about $2,000,000 or 1/3 of all the vericoin in circulation.
my take...
if the thieves manage to keep the coins then they can stake them and get 1/3 of all new coins being created for eternity and for doing absolutely nothing (as vericoin is PoS) and mintpal will have to absorb a massive financial hit.
I believe that vericoin and mintpal have no other choice than to hard fork and roll back the vericoin blockchain which will effectively void every transaction that happened since the attack. this is because if they do not.. they will both suffer immensely.
what we are seeing played out in realtime before our very eyes, is what could happen to Karma if people continue to hoard coins and store them in centralized places like exchanges. this is why I have always been against policies that encourage hoarding and centralization of coins.
the message is clear... encourage people to spread the coins around and keep them safely tucked away where only they have access to them.
Just a reminder to all people holding their coins on exchanges for extended periods of time... this kind of practice is not safe.
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
10x. And this is also another reminder how important are this changes -http://karmashares.com/forums/index.php/topic,381.0.html
But overall Your coins are safe in your wallet protected with password. Keep them there.
yep what I am concerned about is that Mintpal are claiming they are working to hardfork vericoin to get their coins back.
this has already created a backlash within the vericoin community. On the one hand if it was all mintpals fault and they can influence the vericoin devs to hard fork and reverse transactions then that sets a dangerous precedent.
on the other hand if they are unable to hard fork vericoin then mintpal could end up freezing funds (like vircurex) or going into insolvency.
this is why I posted here in this thread.. just to give people a heads up to keep their eyes open and watch closely because it could end up affecting all people who use mintpal.
lets hope not.. mintpal is a good site and I would hate to see i have to halt trading for any extended period of time.
Thanks for the heads up, as a precaution i went ahead and moved my coins to my wallet just in case. I trust Mintpal as it's a very good exchange but it never hurts to take precautions.
hey I have a lot of Karma coin and still I have been following this thread, I have a few questions because the answers are not clear what to do next, and kidding increasing doubts
1 Do KARMA as the script goes on X11 This creates a new currency will only name KARMX ?
2 Will there be two parallel currencies KARM and KARMx ?
whether their main chain will be linked together ?
3 If I come to the denomination (eg 1000:1) KARM whether the exchange will take place in the portfolios of the machine and you will need to make a simple exchange will send you as creators of the indicated address and you would send a new currency KARMx? as it has happened with SAT = SAT2 or LIM = LIMx?
Please reply on the forum so that we all understand and be clear because I know that not only did I have such questions.
1 Do KARMA as the script goes on X11 This creates a new currency will only name KARMX ?
2 Will there be two parallel currencies KARM and KARMx ?
whether their main chain will be linked together ?
3 If I come to the denomination (eg 1000:1) KARM whether the exchange will take place in the portfolios of the machine and you will need to make a simple exchange will send you as creators of the indicated address and you would send a new currency KARMx? as it has happened with SAT = SAT2 or LIM = LIMx?
Please reply on the forum so that we all understand and be clear because I know that not only did I have such questions.
1. No, we are only changing the mining algo.
2. No.
3. This is most likely not happening so please disregard. More info to come.
hey I have a lot of Karma coin and still I have been following this thread, I have a few questions because the answers are not clear what to do next, and kidding increasing doubts
1 Do KARMA as the script goes on X11 This creates a new currency will only name KARMX ?
2 Will there be two parallel currencies KARM and KARMx ?
whether their main chain will be linked together ?
3 If I come to the denomination (eg 1000:1) KARM whether the exchange will take place in the portfolios of the machine and you will need to make a simple exchange will send you as creators of the indicated address and you would send a new currency KARMx? as it has happened with SAT = SAT2 or LIM = LIMx?
Please reply on the forum so that we all understand and be clear because I know that not only did I have such questions.
1 Do KARMA as the script goes on X11 This creates a new currency will only name KARMX ?
2 Will there be two parallel currencies KARM and KARMx ?
whether their main chain will be linked together ?
3 If I come to the denomination (eg 1000:1) KARM whether the exchange will take place in the portfolios of the machine and you will need to make a simple exchange will send you as creators of the indicated address and you would send a new currency KARMx? as it has happened with SAT = SAT2 or LIM = LIMx?
Please reply on the forum so that we all understand and be clear because I know that not only did I have such questions.
Just a reminder to all people holding their coins on exchanges for extended periods of time... this kind of practice is not safe.
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
10x. And this is also another reminder how important are this changes -http://karmashares.com/forums/index.php/topic,381.0.html
But overall Your coins are safe in your wallet protected with password. Keep them there.
yep what I am concerned about is that Mintpal are claiming they are working to hardfork vericoin to get their coins back.
this has already created a backlash within the vericoin community. On the one hand if it was all mintpals fault and they can influence the vericoin devs to hard fork and reverse transactions then that sets a dangerous precedent.
on the other hand if they are unable to hard fork vericoin then mintpal could end up freezing funds (like vircurex) or going into insolvency.
this is why I posted here in this thread.. just to give people a heads up to keep their eyes open and watch closely because it could end up affecting all people who use mintpal.
lets hope not.. mintpal is a good site and I would hate to see i have to halt trading for any extended period of time.
Just a reminder to all people holding their coins on exchanges for extended periods of time... this kind of practice is not safe.
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
10x. And this is also another reminder how important are this changes -http://karmashares.com/forums/index.php/topic,381.0.html
But overall Your coins are safe in your wallet protected with password. Keep them there.
Just a reminder to all people holding their coins on exchanges for extended periods of time... this kind of practice is not safe.
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
mintpal was just hacked and some reports claiming upto 8 million or so vericoin were stolen. this only goes to show that no exchange and no coin is completely safe regardless of if it is PoW or PoS.
details are still light as to how the coins were stolen. If I find out more I will report back.
https://support.mintpal.com/index.php?module=announce&sec=view&id=17
As part of our marketing and PR drive I have initiated an un-official poll about the required number of coins that can be sent to Karmashares LLC for shares, please vote or comment so we can think this important matter through.
http://karmashares.com/forums/index.php/topic,473.0.html
-east
http://karmashares.com/forums/index.php/topic,473.0.html
-east
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