Topic: Announcing ProzCoin : Proof of Action (PoA) - page 47. (Read 78486 times)

This is the first I have heard of your coin, but since our infrastructure is built around promoting all cryptocurrencies, we don't really see you as "competition", as we will gladly give Axron a home on Coinproz.com.
This project has been in development for over 6 months, and it is much more than "Prozcoin".  Between the hardware/software projects, and plans to expand the reach of cryptocurrency beyond the current early adopters, this is a mass adoption initiative,not an altcoin.


I actually wrote an article about the issues crypto has been facing to cross the mass adoption barrier:

http://thecoinfront.com/iculture-marketing-the-individual-to-the-masses/


Chris

Cryptoshoppers is a store that is selling the Prozcoin so it has a transaction record.  It is not related to Omniwallet.  Omniwallet is what you use to receive your Prozcoin, and creating an omniwallet account will allow us to send you the Prozcoin you purchased.

Chris

I don't understand what is relation between my cryptoshoppers account and omniwallet address ? How can I receive prozcoins after payment with cryptoshoppers ?

Good luck guys!!! Its great to see other teams put names behind the coins. I think we are slowly generating a new effect on people. Once again best of luck, its great to have healthy competition.

Master Protocol is not the same as normal Altcoins.  In essence everything must be 100% Pre-mined.  We are creating PoW/PoA blocks so that miners are not left out, as this is not an "Altcoin", but is the currency for an infrastructure that goes for the general promotion of cryptocurrency.


Chris

I understand that this coin is more than 50% Premine?

https://twitter.com/ProzCoin

Just started the giveaway

100 Prozcoin to anyone who retweets and posts omniwallet address.


Chris

Realistically, the fickle nature of the exchange market is partially why we wanted to get some good ICO support before going into the exchanges.  You will not see us make the same approaches as the altcoins looking to make a quick buck on the exchanges, but we will absolutely not ignore PR.  There are a couple articles being written about us this weekend, and will be circulating this week as we move onto Poloniex.  Keep a look out!

Chris

POA is a good idea and concept.But now,the popularity is not enough.
For long term,your plan is critical.

Since we have already sold over 6 BTC worth of ProzCoin at a flat 250 Satoshi, essentially we have established a market capitalization of 250 BTC before even getting onto an exchange.  Being able to establish a BTC reserve and a buyback floor for our affiliates is part of the plan to ensure long term sustainability for the Coin Proz network.  In addition, since over 70% of the coins will be in a public escrow account, there will be complete transparency for people to know that the coins are safe.


Chris

Great.Thumb up.

Should be next week.  Been working on getting the Escrow set up, the website, and a few other things.  Since the Omni wallet was already set up, the website took higher priority.  


Chris

When release the client?

Shannon has some amazing things lined up.  If we can execute them as planned, you will see some amazing hardware/software combinations.

"Smart Wallet"

Chris

Good coins deserves support.
Wish dev release more interesting features.

Have invested.
I love this coin and concept.

I mean...yeah, we could...

It is just a huge hassle since we are all in different time zones.  One or two at a time would probably be more likely, but I am sure no one would have a problem with it.  I normally wouldn't even be awake right now, but I DJ'ed a party tonight, so I am up late.  

Here is my facebook page: https://www.facebook.com/LChrisBates

Chris

Well, can you do a google hangout showing everyone faces on live? i think this would settle it and bring the full trust in your team.

1) Since this is a coin that is designed to be the main currency within an economic infrastructure, the  strength is the pre-existing infrastructure, and the other plans that we have to expand that infrastructure further.  As well, we have had a very good ICO, so our ability to keep developing will not be an issue.
2) Early adoption phase, small current marketplace
3) Proof of Action is in development, site is about to launch alpha, check the thread for FUD...for the record, since we have publicly identified ourselves, any baseless claims against us will legitimately be "slander/libel", and could potentially put anyone slinging baseless claims at us in legal trouble

You can check the proof of action paper here:

https://www.academia.edu/7925177/PROOF_OF_ACTION

We don't need proof of developer since we all put our names/links to our personal profiles (check OP)  But if people REALLY feel the need, then we will gladly go through with it.  At this point, anyone could track down my personal phone number if they wanted.

As well, Shannon Code will be doing blogs with hardware/software development updates, so again, the whole PoD we feel is unnecessary given our approach to transparency...Included in our transparency will be a public escrow where Poloniex holds 70% (ish) of all the coins in a multi-sig wallet that cannot have any transactions without the signatures of the founders and one person from Poloniex.




Chris