https://i.imgur.com/bb3MYEa.pnghttps://i.imgur.com/dz9ai20.pngUpdate from dev in Slack
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dantian [12:46 AM]
Hey guys, just a little primer about Linx and how we operate for the newcomers to the Slack.
Linx isn't a token, it is a limited supply mineable currency that is released steadily over time as the blocks are mined. We chose this route for two main reasons :-
1) We didn't want our currency reliant on another platform and any potential issues that could arise from being tied to a third party platform.
2) We believe coins should ideally have some real value from the moment they are minted. This initial value is derived from the computing power and money spent on generating the coins in the first place (which is why we chose the Scrypt algorithim for the PoW), along with a limited supply of coins. To simply issue 1 billion tokens and expect people to see value in them on based on a whitepaper of ideas is not something that sat well with us. This is no different to a bank printing money backed by nothing - the very thing that Satoshi tried to free us from when he gave the world Bitcoin.
We are confident that Linx will find it's future value from it's real-world uptake and usage and not from a bag of magic beans.
Linx isn't an ICO, there was no crowd funding and we have never tried to entice anybody into investing, other than by keeping the community aware of our current developments and giving you a rough guide of where we plan to take this project.
We don't disclose the details of our roadmap or forthcoming projects for several reasons :-
- We want you to find the value in Linx for yourselves based on how it is used and what we deliver, not what we promise to deliver.
- Roadmaps and whitepapers = volatility. We aren't working every hour possible on this project for it to end up as a pump and dump scheme. In terms of investment, we hope that Linx will gain value and trust from investors based on what we actually acheive. We expect the value of Linx to naturally increase as more partnerships, integrations and users are introduced to the currency.
But most importantly...
- We understand that as investors you want an idea of where this is going so you can base any potential investments on the data, but some of our ideas and the implementations planned have never been acheived before in this field and it would be business suicide to advertise them before we roll them out.
As you can see, our approach is very different from most other cryptocurrencies.
If you see the potential in what we are doing here, then it's a pleasure to have you onboard. We value your support for what we're sure is going to be a very exciting ride
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And if anyone still not receive a invite to slack PM me your email or come and join our below linx telegram channel and ask someone there for an invite.
https://web.telegram.org/#/im?p=@LINXCOINAnd please don't forget to come and join our community driven subreddit.
https://www.reddit.com/r/LINXcoin/
