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Topic: [ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness - page 330. (Read 293239 times)

legendary
Activity: 938
Merit: 1000
This is looking very promising. Looks like this may be the "free and fair distribution" coin that gets it right.
legendary
Activity: 924
Merit: 1000
I have a good news. The development of ShareCoin's exchange is going very well. We can possibly launch the exchange this week.
Here are some screenshot of the development progress, The website is coded with Ruby on Rails:

Just a question: are the underlying transactions in the db guaranteed to be atomic? If you're using MySQL, are you using prepared statements?

We are caching all queries and pages to the max to archieve the best render time.
The Database server will run seperately on Amazon RDS, it is only accessible through the backend server. 
The coin daemons will run on a private server which can only be accessed from the backend server, too.


Well, you're the dev. Smiley The reason why I'm asking is that non-atomic transactions invite race conditions, which have been exploited by thieving hackers at least once to rob at least one exchange of a lotta BTC. Two of my own BTC went down with one of those exchanges, as the dev gave up and ran.

I'm passing this along because I want your project to succeed, and not to be destroyed.
To be honest, it's not that easy to hack an exchange. If it's easy, everybody would make a living by hacking websites.
And if a hacker has enough skills to hack into an exchange, he won't bother looking at these altcoin exchanges, he will target for other big websites.
2 main reasons exchanges reported as hacked:
  1. The owner is lying, they just want to steal your coin.
  2. The owner is too stupid.

Thanks for your answer.
full member
Activity: 173
Merit: 100
zjz_lgd
Wow, I like this idea, and I can't wait for the coin.
When will the coin be send out and how many free coin will I get?
I have post my address!
Thanks to the coin, and good luck with you!
SbuXjdoiErjmAoGd3s4jcyEWiRifuorVv3
sr. member
Activity: 644
Merit: 251
No, I only have one account.
full member
Activity: 135
Merit: 100
I have a good news. The development of ShareCoin's exchange is going very well. We can possibly launch the exchange this week.
Here are some screenshot of the development progress, The website is coded with Ruby on Rails:




wow, perfect ... seems sharecoin will to the moon .
member
Activity: 70
Merit: 10
@zip

at what price will shares sell for at first when u put them up for sale?
The price will be published at the time FeeShares sale begin.
member
Activity: 70
Merit: 10
Wow... This looks very nice. Since the owner of the exchange will be the coin owners, how do you intend to share the profits among them? Or loss for that matter.
I'll share the revenue, not the profit. The details about fee shares will be published along with the exchange launch. But basically, it works like this:
There are total of 100,000 FeeShare which correspond to 100% fees from the exchange.
Holding 1 FeeShare in the exchange will give you 0.001% from the exchange.
FeeShare can only be purchased directly from the exchange with ShareCoin.
But a market of FeeShare/Bitcoin will be opened so people can trade their purchased FeeShares freely.

WHAT DOES THAT WORK OUT TO BE ATM?

answer?Huh
What I meant is Holding 1 FeeShare will give you 0.001% of the revenues from the exchange.
I don't really understand your question, can you clarify?
full member
Activity: 182
Merit: 100
Wow... This looks very nice. Since the owner of the exchange will be the coin owners, how do you intend to share the profits among them? Or loss for that matter.
I'll share the revenue, not the profit. The details about fee shares will be published along with the exchange launch. But basically, it works like this:
There are total of 100,000 FeeShare which correspond to 100% fees from the exchange.
Holding 1 FeeShare in the exchange will give you 0.001% from the exchange.
FeeShare can only be purchased directly from the exchange with ShareCoin.
But a market of FeeShare/Bitcoin will be opened so people can trade their purchased FeeShares freely.

WHAT DOES THAT WORK OUT TO BE ATM?

answer?Huh
full member
Activity: 224
Merit: 100
Good work, developer, i am glad that the developer is such capable of even make exchange site, it makes sharecoin clear distinct versus other coins.
full member
Activity: 210
Merit: 100
This is honesty one worth holding on to. A coin with real value.
Looking forward to the distribution!
newbie
Activity: 38
Merit: 0
full member
Activity: 168
Merit: 100
I have a good news. The development of ShareCoin's exchange is going very well. We can possibly launch the exchange this week.
Here are some screenshot of the development progress, The website is coded with Ruby on Rails:

Just a question: are the underlying transactions in the db guaranteed to be atomic? If you're using MySQL, are you using prepared statements?

We are caching all queries and pages to the max to archieve the best render time.
The Database server will run seperately on Amazon RDS, it is only accessible through the backend server. 
The coin daemons will run on a private server which can only be accessed from the backend server, too.


Well, you're the dev. Smiley The reason why I'm asking is that non-atomic transactions invite race conditions, which have been exploited by thieving hackers at least once to rob at least one exchange of a lotta BTC. Two of my own BTC went down with one of those exchanges, as the dev gave up and ran.

I'm passing this along because I want your project to succeed, and not to be destroyed.
To be honest, it's not that easy to hack an exchange. If it's easy, everybody would make a living by hacking websites.
And if a hacker has enough skills to hack into an exchange, he won't bother looking at these altcoin exchanges, he will target for other big websites.
2 main reasons exchanges reported as hacked:
  1. The owner is lying, they just want to steal your coin.
  2. The owner is too stupid.

Go big or GO home. No time to waste on small change. Agreed on this one..
hero member
Activity: 1008
Merit: 501
thanks,please sent sharecoin.

all of us will receive our share after 1 week  Cool
member
Activity: 70
Merit: 10
I have a good news. The development of ShareCoin's exchange is going very well. We can possibly launch the exchange this week.
Here are some screenshot of the development progress, The website is coded with Ruby on Rails:

Just a question: are the underlying transactions in the db guaranteed to be atomic? If you're using MySQL, are you using prepared statements?

We are caching all queries and pages to the max to archieve the best render time.
The Database server will run seperately on Amazon RDS, it is only accessible through the backend server. 
The coin daemons will run on a private server which can only be accessed from the backend server, too.


Well, you're the dev. Smiley The reason why I'm asking is that non-atomic transactions invite race conditions, which have been exploited by thieving hackers at least once to rob at least one exchange of a lotta BTC. Two of my own BTC went down with one of those exchanges, as the dev gave up and ran.

I'm passing this along because I want your project to succeed, and not to be destroyed.
To be honest, it's not that easy to hack an exchange. If it's easy, everybody would make a living by hacking websites.
And if a hacker has enough skills to hack into an exchange, he won't bother looking at these altcoin exchanges, he will target for other big websites.
2 main reasons exchanges reported as hacked:
  1. The owner is lying, they just want to steal your coin.
  2. The owner is too stupid.
legendary
Activity: 924
Merit: 1000
I have a good news. The development of ShareCoin's exchange is going very well. We can possibly launch the exchange this week.
Here are some screenshot of the development progress, The website is coded with Ruby on Rails:

Just a question: are the underlying transactions in the db guaranteed to be atomic? If you're using MySQL, are you using prepared statements?

We are caching all queries and pages to the max to archieve the best render time.
The Database server will run seperately on Amazon RDS, it is only accessible through the backend server. 
The coin daemons will run on a private server which can only be accessed from the backend server, too.


Well, you're the dev. Smiley The reason why I'm asking is that non-atomic transactions invite race conditions, which have been exploited by thieving hackers at least once to rob at least one exchange of a lotta BTC. Two of my own BTC went down with one of those exchanges, as the dev gave up and ran.

I'm passing this along because I want your project to succeed, and not to be destroyed.
sr. member
Activity: 560
Merit: 250


Hello ShareCoin Community

Just to confirm that ShareCoin will be available at Coinpod after launch. Coinpod is the primary exchange for Pawncoin.

Our Trading fees is 0.1%
Trading fees slipt: We are giving back 50% of the trading fees back to traders through lottery system.
Happy trading!

More Info  https://bitcointalksearch.org/topic/locked-576943
Visit us   hhttps://www.coinpod.net
Follow us  https://twitter.com/Coinpod


Good news every day ... looks like ShareCoin will be a success .
full member
Activity: 224
Merit: 100
Excellent development even before distribution. Fantastic team, good work.

I knew it from start - check the signature  Grin
sr. member
Activity: 392
Merit: 250
I have just received a PM from the dev. He said that if one did apply with just ONE account, he/she will be good to go. So probably everyone who tried to cheat with two or more acount applying, will receive nothing.
sr. member
Activity: 308
Merit: 250


Quote

Looking mighty spiffy! Smiley

One thing.. The ShareCoin logo looks like the Doge logo?


I saw the same thing.

Plus I saw flappycoin omg.. lol
member
Activity: 70
Merit: 10
Looking mighty spiffy! Smiley

One thing.. The ShareCoin logo looks like the Doge logo?
It's just a demo, I picked random logo for the coin.
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