Topic: [ANN][SFC] SafeCoin - The Real Safecoin. May Launch (Read 12962 times)

SCAM ALERT!

This shit still isn't going to fly. MaidSafe is the real deal with a £50M+ company and a holder asset with a $160m+ marketcap. SAFE = Secure Access For Everyone.... and it has done since early 2014, long before you 'came up with the name'.

There's no one in crypto from 2015+ who doesn't know about MaidSafe and SafeCoin. There's also no one from any period who knows about this dog-shit scam.... because it is not worth knowing about, apart from as a warning to others. This scam will only rip off confused noobs or idiots.

If you are newer to crypto then be warned. This project is scamming off the name, trying to adsorb some of the marketing from MaidSafe and con some people who don't know any better.

SCAM SCAM SCAM!

It has been, although very basic, but a new web wallet will be out shortly.

http://safecoin.org


Many new things are coming for this coin in 2018


FYI:    All remaining holders, please PM me for your choice of refund or token.    Safecoin will be re-launching shortly as its own coin on its own merit.    An Asset-backed coin will be created to replace this existing functionality.    Existing holders may have their choice of the new token (equivalent backed value), or fiat (100% reimbursement).    



NEW UPDATE:    Happy Data Privacy Day!    To Celebrate, SafeCoin is relaunching with an truly innovative new coin!   

New thread here:  https://bitcointalksearch.org/topic/ann-safe-safecoin-community-edition-of-solana-2838370

Has the coin already been released because i do not see a wallet link or some essential informaton :/

Indeed this http://safecoin.org/ is a scam; just ask on http://forum.safenetwork.io 100 people familiar with the real maidsafe.net safe network safecoin project would confirm with that safecoin.org is not true.

You can't guarantee parity with BTC.  And despite the argument from a year and a half ago, the name Safecoin isn't going to stick here.

This is an obvious scam. 

"relaunch" might be the proper term.  It has existed for a long time, but not heavily advertised (yet)

This new coin or coins that had existed before?

Safecoin has launched!  

Cryptocurrency has come come to advance so quickly, that the concept behind this coin is now one of collaboration.

Safecoin starts off as a fork of Bytecoin.  However, this is done in a sustainable manner using forknote.  This ensures that the development of Safecoin constantly matches that of Bytecoin.

Will it always be a clone?  No.  Launching is just the first step on the roadmap.  I will be extending this coin past bytecoin, while still remaining compatible with their development, and updating the coin with their updates.   It will have everything bytecoin has, and more.

The economy around this coin is also safer, with a guarantee that one Safecoin will always have the value of one Bitcoin.

More to come...of course.

http://safecoin.org

The project has been delayed but not stopped.

Life pulled me away from it for a while, and when I came back, cryptocurrency had evolved.   

I'm currently hard at work re-writing some code, and working to ensure that I launch cutting-edge, as well as groundbreaking software.

More to come soon

what happened? any news?

There will be, yes.   The launch date will be fair.   

I'll announce it shortly.  I intend to keep the complete source launch on Memorial day and it will be no later than then.

Is there a specific second launch date?

wait wait
 i am in.

Just a note, as the aim was to launch today:

There are still a few details to work out and it may be a bit longer before I generate the official genesis block and issue the coin.

I am Not premining it, this is just a small delay to make sure this is done right on launch.

cheers

TheMightyX,   the name is staying.  Maidsafecoin is yesterday's news.  Exchanges only recognise it as Maidsafecoin.   And the dump is underway.

Your idea to beat the system is creative, and you are welcome to try it  

But no, I have no plans to give people a step by step guide on how to beat it.

As per the posted timelines, the Source Code will be released on Memorial Day.  You should be able to mine the coin successfully then, even on a personal computer or laptop, right from full source code, and do nicely.

If you don't run a GPU or botnet farm, CPU mining will be available on mother's day to you.

I am prepared for a backlash when the coin is mineable in four days, but the source code is still a few days out.

However, I know that backlash will mostly be from GPU miners and botnet operators.   And I know why.

Even the most hardcore Open Source Enthusiast can handle a few short days delay of the source code release.

If you are concerned that I may implant a keylogger,  etc in the code, that is fair.  But you should be concerned about that with every coin, not just this one.  Releasing the source code has absolutely no impact on a DEV's ability to Scam you or deceive you on what is running on your computer.   Same with Whitepapers.   Asiacoin is the most recent of dozens of examples.

I am not asking for money or bitcoins.

I have trademarked the name, and made no attempt to hide my identity.   I would prefer that it not be splashed on these boards.    But I am a real person, and if you know what you are doing, you can find me.

Not many coins can say the same.   I have done my part to separate myself from the scams.

You are of course welcome to wait until Memorial Day.

It is, if course 

That seems a bit immature; to stifle the adoption of your project because you don't want to change a simple name.
From a business perspective this is quite limiting.

How will these calculations be made? Once per day? per block? Couldn't I just reduce my wallet size (withdraw) 49% of my coins per day until most of them are gone (4 days).
Will these adjustments happen client-side?
Is this to be a closed source project then?

I'm in if its ok with u guys.

It's a really valid concern.  I've put a lot of thought into it, with regards to contract and derivative solutions.  I am still thinking about it.

The method does not prevent dumping the coin.   It Does mean, however, that miners who have a long term investment interest in the coin will also have a long-term competitive advantage in mining it.

It means that miners with a long-term interest in the coin should be able to gain a greater market share of the coin.

It means that miners with strictly short-term goals will be almost completely cut out of the market for this coin, and ultimately have little interest in it.

I could take the concept further, because you are right that it is not 100% pump and dump prevention.   I am just not sure if I should.  My feelling is that this measure is adequate at the stage for the coin.  For a mature coin like bitcoin, on the other hand, contracts and derivatives are needed.   I would almost rather let others iron this out, and fork it in a few years from now when it's necessary, perfected, and secure.

I appreciate your attempt to prevent PnD, but practically speaking, once I had collected a sufficient quantity that I was ready to sell, then I might also be ready to stop mining, and thus I wouldn't care about "increased difficulty" that would come with dumping. Just a thought.