Topic: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] - page 11. (Read 289506 times)

Well, it should say what use SLK will be, why would anyone hold the coins if we cant know what use they will be for more then swaping coins? Makes no sense to hold that back if thats whats happening.

I really empathize in your frustration but you must understand that not all things can be made known upfront. I too am long time holder of Silk, but havind hold on for so long I would not dare to dismiss this project as a whole and thus Silk in particular. The developer continually reiterated that Silk will be encorporated as a crucial component of the Silk Network, trust should be placed on that notion.

If that is not enough then wait for DRKSLK but if SLK ends up being more then just a coin you might have lost your position. This call is for investors to make, something about judging a book by its cover i think...

Yes we are saying the same thing. There isn't a marketplace yet because darksilk isn't done yet. Once done, it will finally be completion of what the community bought into. Then we can move on with getting people back into silk.

Trak you should read the white paper. It explains questions you have.

https://t.co/qgsO4yV0rL

The whole project is solid, don't get me wrong. My post kinda comes across fud'y. I am just a long time holder of silk, so I just wanted to know how the project is adding value.

I think this is the question allot of us want to know. The market price reflects this confusion imo. There is no reason we shouldn't be around 3k.

Is SILK going to be the equivalent to ether's gas? What is going to put buy support on silk, other than further adoption as a currency, and speculation trading? Is there a plan to have it function further within the network?

Maybe if storm node's also required a holding of SILK and DrkSLK?

I've read the whole white paper a few times so I am clear. There is mention of sandstorm, but nothing new for silk in terms of features. The whole rebuild of the coin should be commended, but the orig investors aren't getting much for continuing to support. Or develop from the public end of things.
Most people who are using silk are internet savvy, they won't use silk as an entry point to silknet. When they buy BTC first. They will directly convert BTC to DrkSILK.

SILK got a total work over under the hood, in doing so it is a better coin. How ever the guts of SilkNet features still went into Darksilk, no? If silk is tied to a dark net coin, mainstream business won't adopt so you are catering to darknet types. There won't be any market drive for silk.
DarkSilk has a bright future no doubt, but how SILK is added to the equation is still a mystery.


At least if current silk holders, or staking wallets got a 10% bonus on the DarkSilk ICO. It would take the sting out of holding this long to see the desired features go into the new coin. Or some kind of incentive.

Or trade SLK for DRKSLK via Weaver, but all of this, including the market is in the final stages of development.

I think he asked you to read because there is no swap from SILK to DarkSilk. The swap will be from SILK to the new SLK. To get DarkSilk you can either buy in the ICO or mine them after launch.

Do we have any information on how the swap will take place?

EDIT: Could someone link or just explain what use SLK would be after we have Darksilk? Whats the benefit of using SLK? I didnt find proper info about it or just missed.

Do we have a visualization of the Silk Network? Like a flow chart or something would help see the interconnectedness ..

I'm not sure. Spencer or Greg may know

THANKS ttoroie! Very easy and fast

I know you stated you read the thread, maybe read more of the thread from page 114 onwards for a full picture. After you have read that I am willing to bet most of your answers will of been answered and you'll have new questions

No it is not, we are in full PoS phase now.

Wondering is SILKCOIN still mineable? What algo and pools please..

Yea I deleted my post... Too easy to misinterpret... Don't want that...

Looks like a nice healthy pull back on Poloniex.  This only solidifies continuous growth for SILK.

OK, have you decided what the price per DRKSLK will be for the ICO?

https://twitter.com/silk_network

The whitepaper explains a lot https://t.co/qgsO4yV0rL

The ICO is needed to raise funds to support the network, managed by Silk Network Ltd. https://bitcointalksearch.org/topic/m.13314846

The Silk Network ANN OP will have everything in detail about the ico, swap, marketplace, weaver, etc. Until then, surfing through the pages of this thread will answer most questions.

I've edited my comment not to disrespect anyone,

likewise

Okay thanks for the feedback.

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There will be two sets of coins SLK and DRKSLK, the benefit of heaving two independent coins instead of just one has yet to be disclosed.. I'd be curious to know what the reason is. Instead of just doing an ICO .