Topic: Announcing ProzCoin : Proof of Action (PoA) - page 21. (Read 78512 times)

your kidding me ok thats still 1000 proz
so exchange charges 100 pro to this guy to withdrawl  but actually pays 900 more out of its pocket right '

plus they are trading for less almost half your 300 sat con

which is a direct reflection of your coin
no nuthing make nuthing yeah genie man

Try your math again at the ICO rate of 300 Satoshi

I'm working on the client / chain / ₱oA workflow tonight and wanted to get any insight or suggestions you have. at this point I've got a crypto challenge / response exchange similar to those used to log in to sites without sending your password to the server. This will essentially prove that

• 1, You requested the "work",
• 2, You (and not someone else) did the work.
• 3, You performed some action along with the work. 

The ₱oA chain will not worry about ordering, each action will be atomic. At least for initial release. As actions become more advanced we will work out ordering (find x page, click y link, comment in z field)

The Client:

Technology stack:

• awesomium (in proccess browser chromeium browser)
• peer.js (webrtc)
• btsync (Blockchain storage and distribution)
• nodejs (server)

General flow of client (How to mine ₱ROZ)

Release will be issued along with a free amount of ^t₱ or Test ₱ROZ that can be used throughout the system.

The client will be a web browser based on chromium that can be run on OSx Linux or Windoze (.NET & Mono Compiled)

I will try and include a cloud build environment that will let you inspect code before issuing a build. This will allow all the haters to understand exactly what's being built into the client and not have to trust a binary they download from the internet.

How mining works:

• You will navigate the CoinProz website and affiliate sites using the client. The Client will inject logic into the pages you visit to place "₱ Deposits" throughout the mineable areas. (People might be able to purchase blocks of actionable activity for anyone to mine later)
  
• Each page the client visits will also include an incremental nonce from the client. 
• The server takes the client nonce, a server nonce and session salt and creates the deposits. 
• The client upon receipt of the deposits from the network will inject them into the page present in the client.
   
• In order to mine a deposit you will need to perform the action, performing the action usually involves submission of a form. The form will contain a piece of the solution to the crypto puzzle, this will be stored in the chain.
   
• Upon submission the client will receive the last piece of the crypto puzzle, allowing a user's client to build the pieces into a transaction and sign it with the client's current pubkey.
   
• The server can determine from the resulting transaction that the owner of the pubkey is the signer of the transaction, that the server verified that the action was completed, and that the rest of the deposit was actually placed there by the network.
   

This is a very high level view of the puzzle/proof process, a more detailed description will live on our github page.


Thoughts? Improvements, Glaring holes?

Mastercoin works by placing a layer on top of the Bitcoin Blockchain, in order to do this, every transaction requires a small amount of bitcoin to travel with (currently 0.003 BTC) I think that amount is decreasing drastically in the future (more like 0.0005) I assume withdrawal fees are used to offset this cost to the exchange.

crappy exchange  crappy fee way they make money 100 proz isnt worth anything anyway

what is up with the 100 coin Withdrawal fee at C-Cex.com for Prozcoin? Seems a bit excessive.

Oh, gotcha!  This week will have a pretty nice rollout, so I will just not spoil it.

Chris

Are you for real? I can't believe what i'm looking at lol

prose
prōz/Submit
noun
1.
written or spoken language in its ordinary form, without metrical structure.
"a short story in prose"
2.
another term for sequence (sense 4 of the noun).
verb
verb: prose; 3rd person present: proses; past tense: prosed; past participle: prosed; gerund or present participle: prosing
1.
talk tediously.
"prosing on about female beauty"
2.
dated
compose or convert into prose.
Origin

Middle English: via Old French from Latin prosa (oratio ) ‘straightforward (discourse),’ feminine of prosus, earlier prorsus ‘direct.’
Translate prose to
Use over time for: prose

I probably wasn't clear. I agree it would be redundant to post a recap every time.

Just a post if something important comes up. Maybe you are already doing that and if so never mind.

 I am not aware of many coin projects that hold office hours like you do. (are there others?) Promoting it would be a good thing. Access to a dev team is critical for some investors. Lets make sure everyone is aware!

our video was removed because our Proof of Action campaign had such success Youtube thought we were using bots for views.  Over 1800 views and it was removed.  https://www.youtube.com/watch?v=mSgXUrkU9Y0 it is now listed again.  I have put in a claim with youtube to return our views.
 bro did you look at this its a freaking doge  coin thing
or its all blacked out
and the one in the op isnt live at all  link not updated or whatever they did
this is a perfic example of being a proz right u guys know all but dont know shyt

That is looking good.  As far as posting recaps of office hours here, we post updates during the week here, so it would be a little redundant to hold office hours and then repost the update of what was covered.


Chris

Another thought. Since some of us can't participate in office hours for various reasons. Or in my case I don't have an pressing issues to discuss, would it be possible to post a recap here? Not a transcript but if someone has a question or issue or suggestion I think it would be helpful to post it here. Might help to keep everyone involved.

Chris,

Are we still on track for the Monday release? It would be good to get everyone on board for a social media push.

Office hours will begin early today if anyone would like to Skype.


Chris

*update.  C-CEX has had their lead developer on vacation the last 10 days or so.  Much of the issues were just bad timing as no one has been around to fix the issues. 

sounds to me bad choice for exchange
                    bad planning an exchange nobody checked this out before selling the shyt ,no just sell it we need da money
      dev posting how much btc has sold <------- this surly is best signal is scummy not that not even caring to do it with with proper money transferer status then to grandstand in posts he has now got so much of peoples money for his crap  is just plain remarkable ,how in da funk is this good for crypto


update i can skype you for one on one pressure sell <--------- no thanks we will do it right here on the floor in open public forum bro

remember business planning strategy class ,you run test on all scenarios for which your Thing can have happen to it before you release it. 

update : larry was on 10 day vacation from this class

thats just Lame response

This video has been removed because its content violated YouTube's Terms of Service.

Sorry about that.

looks like another violation to add to the list

looks like dateline:NBC is looking at this too

they like its current appeal with all the bitcoin news and that the name prozcoin implies experts in the field but not

and ofcourse the department

 

7. Coin Proz will accept PROZ for multiple things on our site once we are live.

i was wondering what a things might be the movie the thing had babys monsters

thing from the addams family is choped up and things are for sale

or is it just anything and this will be like a new Kmart

a 2 time colledge degree and things for sale

its called merchandise bro

what kind of merchandise  ?

actually this is pretty good
dont forget the illegal undocumented moneytranferer presale

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Exposing ProzCoin scam. The supposed coin that is not even a coin.
September 13, 2014, 04:00:35 AM
Reply with quote  #1
https://bitcointalksearch.org/topic/announcing-prozcoin-proof-of-action-poa-740383

Hello. I am Altcoindetective bringing you the latest in exposing developers in Crypto.

I am a very intellectual person who share my wisdom with you,
The less fortunate investor whom gets caught up in obvious scams, bamboozels, flimflams and cons.

Who am I? Highly regarded person in this community whom for avoiding a reputation of "spreading fud" or "flaming or insulting" created this account just now.
Since I will expose and warn from ongoing schemes. Aswell as try to get some of the blondes from Twitter to show some tits. To not avail.... yet.

Starting with Proz.. I will pick it a part piece by piece in this detailed and thorough analysis. Mind you.. this is a shocker.

Okay let us start off by mentioning a few alarm clocks:
* developers first 30+ posts in the thread is bumping how many btc they collected
* developers hold an 80% premine
* there is no working wallet
* there is no working block explorer
* it is not possible to mine
* they raised 50 btc on c-cex
* the "coin" is literally only words. Articles. A few twitter accounts.
* no sourcecode
* no github
And the ICO sold 20 milion coins at 300 satoshi each.
http://coinmarketcap.com/currencies/prozcoin/ <- here you can see the developers have sold off 1,245,006 off their premine already.



Prozcoin claims to be the first ever launched cryptocurrency which has merchants ready at date.
"Merchant accepting Proz Coin From Day 1:

1. Coin Proz - advertising, promotional articles, sponsor page, paid troll box
2. Cryptoshoppers – Unique clothing, art, and accessories
3. Left Turn Only - video productions 
4. Elblaus Design – Graphic Design, UI design
5. Altcoin Agent- PR, videos
6. Future Media Management and design – PR, Marketing, website building
7. Altcointoday - Promotional articles"


He conviniently hasn't htmld anyone of them so you have to manually search for them to appear.. lucky for us they are helping him pump the gullible into Proz through twitter.

One of them is this store https://twitter.com/cryptoshoppers > http://www.cryptoshoppers.com/ now the only thing you will find about ProzCoin here is their small stake in hosting a part of the Prozcoin ICO. But hey... they said merchants, no? Let's grab a tshirt and see where we land!
Enter check out, I'm wanting to see if I can really pay for this shitty t-shirt with Proz.
Turns out, this is what I can pay with: http://gyazo.com/e312df80b1ff80977805feeebe83f4f5        Yep, not Proz.
Also, he is a member of the Proz team. https://bitcointalksearch.org/user/coinproz-306939

All the other sites that he lists are the people who are on the Prozteam. You have the graphic/UI designer.. the mysterious "Future Media Management and design - Pr Marketing website building" whatever that is. Altcointoday which accepts all currencies afaik.


And ofcourse my favorite, the "Left Turn only + Altcoin Agent" who have complished this with PR, videos and video productions:



Click this GIF to see the official CoinProz video !
GIF proudly made by @altcoinagent

Click on the GIF and look for yourself...... Yap they cannot even keep a clip on youtube.


Also an interview of the "developer" this is a kind word since nothing has been developed... conducted by https://twitter.com/cryptotycoons
http://www.cryptotycoons.com/2014/08/prozcoin-a-coin-for-the-masses/
A little quote here: "ProzCoin is an all new altcoin based on the MasterCoin algorithm with some PoS thrown in. Once complete, it’ll use an innovative new mining protocol called Proof of Action (POA) that pays out based on hours spent mining other coins at ProzCoin rather than  using the more traditional hashrate payment schemes!"


What this is: You mine any other working coin because you can't mine theirs nonexistant, and they will sell (my bet) or give you useless Proz for it.


Also a few very clear acts of Proof of Bullshit:
https://bitcointalksearch.org/topic/m.8785414 <- the supposed wallet "supposed to come out" (it's not been a week since ipo ended)
yep, looks good huh?

https://bitcointalksearch.org/topic/m.8691001 <- the what?

https://bitcointalksearch.org/topic/m.8777905 <- what?


I haven't even dug through the linkedins yet, because I am fairly certain they aren't whom they say they are anyway.

My conclusion in a tldr is that they are very dishonest. They keep claiming to be hard at work but have nothing of substance except for some very copy pasted articles with 1/10 of their words in them and the rest quotes. In other words they are stalling. Because not only do they have bitcoins from the ICO but also a huge premine to unload; this will be tried to be done through "Proof of Action" which is purely designed to make you mine other coins and then sell them to Proz.


It is very laughable that C-Cex released the funds to them since they had no working product at all.
I might aswell go there and talk up air and sell it to people in an ICO if I spam enough words cut from schoolbooks.

I do feel sorry for those who bought this crap. And I pity the lowlife developers, and all my disrespect for C-Cex.
Careful about trading on an exchange that needs the cash that badly.

s-c-a-m.



/Altcoindetective


P.S feel free to send me tips... I will inspect.


Fschhhh



i thin i like the pro z video thing the best