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Topic: [ANN][SHARE]ShareCoin - Pure POS - The only coin backed up by a real bussiness - page 331. (Read 293239 times)

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:





Looking mighty spiffy! Smiley

One thing.. The ShareCoin logo looks like the Doge logo?
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?
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.
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.
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?
full member
Activity: 182
Merit: 100
Dev is probably sleeping at this moment Tongue

IN HOPES OF KILLING THE SUBVERSIVE MOVEMENT KNOWN AS "ALTCOINS" ...ALL DEVS OF ALL COINS HAVE BEEN BEAMED UP AND BANISHED TO THE PLANET "IXNAR"
sr. member
Activity: 478
Merit: 253
It says distribution will end of 5th of May. I haven't as yet received the coins so how do I check that I am not disqualified? I am a legitimate member of Bitcoin Talk and also want to make a blog post on it too and help the coin. I saw this:  qiwoman    SNxqDdfUabkVHiRPB144u58tKYwjZA32Sz    
3 days 3.95 hours left Does this mean I am o.k yes?  Grin

I am also looking forward to the exchange. I will blast it everywhere and also trade there myself. Smiley

had the same question actually
I am in that list
does this mean qualified ?
newbie
Activity: 31
Merit: 0
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.
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:



sr. member
Activity: 294
Merit: 250
It says distribution will end of 5th of May. I haven't as yet received the coins so how do I check that I am not disqualified? I am a legitimate member of Bitcoin Talk and also want to make a blog post on it too and help the coin. I saw this:  qiwoman    SNxqDdfUabkVHiRPB144u58tKYwjZA32Sz    
3 days 3.95 hours left Does this mean I am o.k yes?  Grin

I am also looking forward to the exchange. I will blast it everywhere and also trade there myself. Smiley
member
Activity: 70
Merit: 10
I am sorry, a part of coins will send to all participants, right, but I did ask about another part that will be sold.
Wrong! All of the coins are sent to participants, not part of them.
legendary
Activity: 2646
Merit: 1141
I am sorry, a part of coins will send to all participants, right, but I did ask about another part that will be sold.
member
Activity: 118
Merit: 10
Hi, I would like to qualify, but I'm not able to compile the source code on Linux (it always went fine for others coins though) . Has anyone managed it?
I am also using linux and have issue compling the source code.

You have a sharecoinadress in your signature. How did you mange to get one?

I didn't have problems to compile it. Only thing you have to do is on sharecoin-qt.pro to comment the Windows compiling section, like this:

Code:
# UNCOMMENT THIS SECTION TO BUILD ON WINDOWS
# Change paths if needed, these use the foocoin/deps.git repository locations
#BOOST_LIB_SUFFIX=-mgw48-mt-s-1_55
#BOOST_INCLUDE_PATH=C:/deps/boost_1_55_0
#BOOST_LIB_PATH=C:/deps/boost_1_55_0/stage/lib
#BDB_INCLUDE_PATH=C:/deps/db-4.8.30.NC/build_unix
#BDB_LIB_PATH=C:/deps/db-4.8.30.NC/build_unix
#OPENSSL_INCLUDE_PATH=C:/deps/openssl-1.0.1g/include
#OPENSSL_LIB_PATH=C:/deps/openssl-1.0.1g
#MINIUPNPC_INCLUDE_PATH=C:/deps/
#MINIUPNPC_LIB_PATH=C:/deps/miniupnpc
#QRENCODE_INCLUDE_PATH=C:/deps/qrencode-3.4.3
#QRENCODE_LIB_PATH=C:/deps/qrencode-3.4.3/.libs

The only thing i commented was the very first line in the sequence ;

Code:
# UNCOMMENT THIS SECTION TO BUILD ON WINDOWS
# Change paths if needed, these use the foocoin/deps.git repository locations

#BOOST_LIB_SUFFIX=-mgw48-mt-s-1_55
BOOST_INCLUDE_PATH=C:/deps/boost_1_55_0
BOOST_LIB_PATH=C:/deps/boost_1_55_0/stage/lib
BDB_INCLUDE_PATH=C:/deps/db-4.8.30.NC/build_unix
BDB_LIB_PATH=C:/deps/db-4.8.30.NC/build_unix
OPENSSL_INCLUDE_PATH=C:/deps/openssl-1.0.1g/include
OPENSSL_LIB_PATH=C:/deps/openssl-1.0.1g
MINIUPNPC_INCLUDE_PATH=C:/deps/
MINIUPNPC_LIB_PATH=C:/deps/miniupnpc
QRENCODE_INCLUDE_PATH=C:/deps/qrencode-3.4.3
QRENCODE_LIB_PATH=C:/deps/qrencode-3.4.3/.libs

Thx for reminding me, worked without problems
legendary
Activity: 2646
Merit: 1141
the btc will go to whoever sell those coins on exchange.anyone who receieve the coins can be.

For the first time dev will sell sharecoins so he will get our bitcoins, right?
So he will just sell his premine, right?
What's the difference with another IPOs?
member
Activity: 70
Merit: 10
Yep, I see, but...
if I understand you right all bitcoins after selling sharecoins will go to your wallet? Or...?
As I said before, we won't keep any ShareCoin for the team, all coins are distributed fairly to people who applied on the homepage.
The list of accounts that received coins will be published.
The main purpose of this coin is: FREE and FAIR.
member
Activity: 117
Merit: 10


What do you think - will bitcoins go to the dev's wallet?
If yes - it means that dev just sold premine.
If no - where will bitcoins be send?

This is very important question.
Can dev explain how the Share coins will be sold for first time and where the obtained bitcoins will go to?
I already explained on the original post, I'll quote it here again for you:
Quote
All BTC generated from multipool is used to buy ShareCoins on exchanges. Those ShareCoins will be shared proportionally to miners.
The first trade will be done manually. I'll start with 1 satoshi on the exchanges and move the price up gradually.
Later trades are automated.
All occured trades and open orders are published on the homepage.
Yep, I see, but...
if I understand you right all bitcoins after selling sharecoins will go to your wallet? Or...?

the btc will go to whoever sell those coins on exchange.anyone who receieve the coins can be.
legendary
Activity: 2646
Merit: 1141


What do you think - will bitcoins go to the dev's wallet?
If yes - it means that dev just sold premine.
If no - where will bitcoins be send?

This is very important question.
Can dev explain how the Share coins will be sold for first time and where the obtained bitcoins will go to?
I already explained on the original post, I'll quote it here again for you:
Quote
All BTC generated from multipool is used to buy ShareCoins on exchanges. Those ShareCoins will be shared proportionally to miners.
The first trade will be done manually. I'll start with 1 satoshi on the exchanges and move the price up gradually.
Later trades are automated.
All occured trades and open orders are published on the homepage.
Yep, I see, but...
if I understand you right all bitcoins after selling sharecoins will go to your wallet? Or...?
member
Activity: 70
Merit: 10
Quick update: we currently have 1,092 qualified accounts on top of 2,414 accounts applied.
Could you let us know which accounts were qualified and which were not? By puting my account id number on your website I can see, that the countdown is on. Does that mean one is qualified?
The same question with yours??
The list of qualified account will be released on May 2 before coins are sent. All qualified and disqualified accounts are published.




When the coin releases. He will start the ShareCoin movement @ 1 satoshi on the exchange. Don't ask which one because IDK.. From there it is up to us to keep it moving Smiley

What do you think - will bitcoins go to the dev's wallet?
If yes - it means that dev just sold premine.
If no - where will bitcoins be send?

This is very important question.
Can dev explain how the Share coins will be sold for first time and where the obtained bitcoins will go to?
I already explained on the original post, I'll quote it here again for you:
Quote
All BTC generated from multipool is used to buy ShareCoins on exchanges. Those ShareCoins will be shared proportionally to miners.
The first trade will be done manually. I'll start with 1 satoshi on the exchanges and move the price up gradually.
Later trades are automated.
All occured trades and open orders are published on the homepage.
legendary
Activity: 2646
Merit: 1141

When the coin releases. He will start the ShareCoin movement @ 1 satoshi on the exchange. Don't ask which one because IDK.. From there it is up to us to keep it moving Smiley

What do you think - will bitcoins go to the dev's wallet?
If yes - it means that dev just sold premine.
If no - where will bitcoins be send?

This is very important question.
newbie
Activity: 33
Merit: 0
I like the way how the sharecoin website is created!
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