Topic: - AURORACOIN - - page 14. (Read 137033 times)

Hey Adamastor,

Thanks again for your input.  Yes, perhaps there could have been more communication... but then again, it probably was better to not announce the sale of the coins as so not to initiate an unwarranted panic within the space.

There are still 20% of the funds available - and those that were sold have been put to an extremely worthwhile cause.

Think about it.... Of all the things Auroracoin has accomplished, we can now add that it has funded the premier Blockchain Advocacy group within the nation of Iceland.

I was just in the offices a few days ago, just dropping in for a chat, and was cut short due to a meeting with a member of the national parliament.

This kind of objective exposure has done wonders for the legitimacy of Auroracoin within the tech community and various stakeholder communities as a whole.

We recognize that the majority of coins exist outside of Iceland and I, for one personally, have been working on building merchants, online retailers, and tourist destinations to accept auroracoins.... this is simply a long road that we are on, however one in which has shot up in exposure.

Yes, mining has been on the rise - again, I have been noticing this and it is part of active discussions we are having.

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Lets touch base some more in a PM - I sent you a message.

Michael Hannes

To be clear we have not abandoned the project.  If anyone has abandoned the project it would be the Icelanders that claimed their coins in 2014 and either sold the coins or have simply waited for other people to get involved without personally getting involved or contributing in any significant manner.

1.  The Auroracoin brand has clearly not been ditched.  Whatever that means.

2.  Yes, 80% of the Auroracoin holdings were sold to fund the Icelandic Blockchain Foundation, of which Auroracoin is a significant interest.  Aside from the CEO salary, none of the proceeds (ever) went to individuals or team members.

3.  Yes, as explained the funds were repurposed but it is not accurate to say these uses are not directly related to the coin.  

This decision to found the Icelandic Blockchain Foundation, maintaining Auroracoin as a primary working group within the Foundation ,
has done wonders for the legitimacy and objectivity within and without the foundation.  Especially in developer and legislative circles.

While your comments are well-founded and welcome they do not represent the reality of the situation.

If you would like to participate we would welcome your contributions.

Michael Hannes

Took me a while to admit to myself but I came to the same conclusion. Unfortunately I cannot see what upsides AUR would have towards other coins like say BCH, DASH, ETH, XMR in the context of Iceland, neither for the potential people using those nor for the Cryptocurrency Foundation: I don't think many Icelanders claimed their AUR (I asume the claims were fraudulent to a large percentage) and if they did they turned around quickly and sold them. Another upside could be AUR being the sole coin traded on isx exchange, but I'm guessing this will change pretty soon?

For me the Auroracoin Project was an experiment to see if an airdrop to a geographically isolated population based on "one head one coin" could work to popularize the coin and get people to use it as money.

AUR was the most promising experiment in this direction as far as I know and I'm quite sad to see it finally fail. Some valuable lessons were learned.

It's been a fun, entertaining and educating ride and I thank everyone involved in the project, especially the people in Iceland doing real work. Thank you.

There's still some possibility the coin will survive in some meaningful way, but hope is getting thin... I can see how a shift of focus makes sense. The use of AUR funds given from premine may be questinable, but in the end: who cares...
 

During the last 3-4 years I think only one person in Iceland has shown interest to help the Auroracoin cause. Excluding this one person no one else has reached out and asked what can I do to help Auroracoin.

Since the re-branding we have hundreds of people showing interest in crypto in Iceland. We are rallying them together under one banner to solve the 3 major problems the Auroracoin foundation aimed to resolve.

• Resolve the issue of legality of crypto in Iceland

• Educate people on crypto in general

• Get merchant adoption of crypto going in Iceland

These 3 tasks have always been the major goals of the Auroracoin foundation and are now the goals of the IBF.

Hey guys.

Im happy to see the Auroracoin team evolve but the lack of communication really damages peoples faith in you.

I feel like you could have let people know you were going to liquidate before the event.

None the less its not a problem as it means you have less influence now.

More Auroracoins still sit outside of Iceland than in and its the international market that sustains the price which is why Ive emphasised the role of international investors when the team was so hard headed about it being hermetically sealed in Iceland.

To the point wherwe you disabled the Auroracion app in South Africa because I was getting people interested in the coin.

You guys need to admit that your decision making has lacked coordination.

Its still not a problem though because Aurorcoins survival doesnt depend on you.

You failed to mention that the mining power behind Auroracoin is at an all time high.

We dont need icelanders to "rally" behind the coin. We need Icelandic mines to point their hardware at auroracoin.

What is being done to get Icelandic miners to mine Auroracoin?

Surely this will be a major objective for the IBF or do people think they are better off mining ethereum?

So the foundation:

• Ditched the Auroracoin brand
• Sold the vast majority its Auroracoins
• Repurposed the proceeds to fund things not directly related to the coin

Let's face it. You guys abandoned the project.

We the members of the Auroracoin Foundation have seen during the past 3-4 years that the crypto community in Iceland has not been ready to group behind Auroracoin’s flag as everyone in this space has their own ideas of what coin/tech is the best. To get more people involved in crypto in Iceland we thought that a broader community for all cryptocurrencies and blockchains might attract more people to the cause. We started to reach out to the people involved in blockchain/crypto here in Iceland and offered to change the Auroracoin foundation to the Icelandic Blockchain Foundation (IBF).

The challenge of making Auroracoin go mainstream in Iceland is in general the same as for all cryptocurrencies and blockchains. We need to get more people involved and get laws and regulatory issues out of the way before crypto/blockchain/auroracoin goes mainstream.

After the re-branding we have gathered together a very strong group of able people who are working hard to form this foundation in a proper manner. The IBF has 7 elected board members who are voted in annually. The board members meet every month and have hired a CEO of the foundation. The foundation is establishing committees for each field in this space like mining, education, pr/marketing, blockchain, trading etc. and has a separate committee just for Auroracoin.

Since the establishment of IBF the foundation has held bimonthly meetups for anyone interested. The last 2-3 meetups have had speakers talk about various crypto/blockchain topics and the turnout has been great ca. 100 new individuals have shown up to each meetup.

IBF was asked to give testimony before the Icelandic Parliament, Economic Affairs and Trade Committee, this summer and to give feedback on new legislation which adds cryptocurrency exchanges and operators of digital wallets under Icelandic laws on anti-money laundering. Our feedback was welcomed and well received. Note that the Icelandic cryptocurrency exchange https://isx.is/ is now a regulated entity by the Icelandic Financial Supervisory Authority.

Our next goal is to influence further legislation and hopefully advice the government on crypto and blockchain technology. Other goals the IBF has set is to focus on educating individuals, companies and government agencies in Iceland on cryptocurrencies / blockchains.

Merchant adoption will follow when more and more people become involved and I’m sure the biggest beneficiary of this will be Auroracoin, since it is traded on https://isx.is/ and people here are familiar with it. Auroracoin will always be mentioned when we talk to people about crypto since it is such a big part of the crypto history in Iceland and hopefully we will get people to use it just as any other crypto or fiat currency.

To finance these operations the Auroracoin Foundation / IBF sold a big part of the M1 fund a few months back. The funds have been used for the re-branding, salaries for the CEO, meetups, office expense and events here in Iceland and will financially secure future operations of the foundation.

It is our hope that the work we are doing and the means we have chosen to use the funds will have the greatest impact for the greater good of crypto/blockchain and Auroracoin in Iceland.

No, it does not. AUR's code does not contain the code that caused the vulnerability.

A statement regarding the Auroracoin Foundations is in the works.... but to be clear the halving has not been removed from the code... https://github.com/aurarad/Auroracoin/blob/e9758eff4b393714ba321915e6ffc672d913595f/src/main.cpp#L1270

does auroracoin have CVE-2018–17144 vulnerability?

Has the foundation quietly liquidated it's AUR holdings?

Their website (http://aurarad.is/sjodurinn/) reports they should have 968.323 AUR, but in reality these addresses only hold 200.001 AUR.

That's a difference of 768.000 AUR!

Do the devs have any plan for this coin for when all the coins are fully mined (in about 3.3 years!)? The devs removed block halving so the 21 million cap will be hit soon, as 16.6+ million coins have already been mined (11.3 circulating 5.3 burned), and 2.5 AUR keep getting created every minute.

3.3 years until there are no more coins to mine!

Are you going to do a perpetual inflation model to secure the chain, or just use checkpointing on a centralized server.

Who would hold this coin? Not even the foundation it seems.

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No there is no Discord or Telegram at this point.  We have been discussing what the best board for interested parties, world-wide, can use.

Within Iceland the best way to stay up to date with the team is through the Icelandic Blockchain Foundation, https://ibf.is/, and attend meet-ups.

Outside of Iceland, you can use this board to post ideas, questions, and comments.

Also we have a reddit page at https://www.reddit.com/r/auroracoin/

We are also looking for a good location for a wiki page, perhaps https://en.bitcoinwiki.org/wiki/Auroracoin

Was there something specific you are looking for ?

michael hannes

Great job Biomike

Is there a discord for this coin?

awesome!

Thanks for your great work, guys!

New release: Auroracoin 2018.09.1.0

With great joy we announce a new release of the Auroracoin core wallet. It is the result of the development we have done for over a year. With this release we improved a lot of poor programmed code and improved on standardization for future development. We added support for newer versions of libraries that the Auroracoin core wallet uses, including Openssl version 1.1 and the latest version of miniupnpc, while maintaining backward compatibility for older versions. The build system also had its fair share of improvements, making building for Windows and MacOSX easier.

https://github.com/aurarad/Auroracoin/releases/tag/2018.09.1.0

Yes. It's going to moon i think after year 2014. 4 years Gap is more for pump.