Topic: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] - page 72. (Read 289507 times)

In my eyes the weaver will be it. It will make something possible that has never been done before in crypto, not even BTC; store value  
Next to that it is up to the community to find ways to spend/use a coin of value.

Masternodes perform incentivized services on a 2nd network layer, they mix coins, vote on proposals, run multisig and run services like exchanges/instant transactions.  That is of course if theyre being used for function and not perceptual price propping.  Weaver and the slush fund can probably be effectively handled by masternodes(although i still have little to no idea what weaver actually is).

And this system you're talking about above sounds more akin to the way shadowtokens work;  shadowcash is the main layer, shadowtokens are exponentially created by swapping shadowcash for shadowtokens.  They can be swapped back at any time, but i dont think shadowtokens are destroyed ever, havent checked out the project in a few months.

Thats the way i understand it anyway, i may have gotten things slanted.  And i agree that full staking should be default.

Ok guys, I'm not good in terms of dev speaking but I kind of see what are we talking about here.

The project looks really good but still we need to find a new thing, let's call it a killer app that will distinguish us from the rest.

Even though, the weaver might be it...

Really good stuff man. Thats funny about other cryptos "short circuiting" haha it makes sense!

How would we determine the conversion rate to drkslk? And drkslk would have to have an infinite supply?

I would like to hold a community meeting where this can all be discussed. Skype?

This was bugging me, so I woke up understanding that it is not necessarily done by the user. It needs to be a mandatory constraint and could thus be seamlessly done. With Silk only existing on exchanges and DarkSilk only in wallets. This would give the benefit of a two-coin system while acting as a one-coin system. This should be easier for the Dev and the exchanges as well.


There only needs to be one wallet for exchanges, Silk; the gold to hold.
And one wallet for users, DarkSilk; the metal to work with.





Imagine you have Silk on your exchange account and you send it to your DarkSilk wallet address. The weaver picks op the first letter of the address string and knows it needs to be swapped first. Same for sending DarkSilk to an exchange, at the moment Silk addresses start with a B so the weaver could know what to do on that trigger. No hassle for the user. And all public or exchange Silk are potentially swapped for private or wallet DarkSilk.

Now same can be said for alternative correncies for example Doge. If someone sends a Doge coin to a DarkSilk wallet the weaver could know by address what coin it is and how to swap it. Creating DarkSilk and storing the Doge in the Fund. All seamlessly done without interaction of the user.

In the end all alternative currencies need to be valued against Silk, not BTC, much like the Dollar-Oil coupling. This means that Silk should end up being paired on exchanges, a bold move, but hey why not aim high .