Topic: --- ChainWorks Industries --- - page 7. (Read 56765 times)

Prgamastism - defintely not. Pessimissm I accept it to be ...

You are correct, we have taken time in doing what we needed to do, whether it be unforeseen circumstances, greedy devs, or simply that we run out of funding to continue the projects. From wallets to mining, you are correct. There is little to be seen on the surface for most to SEE what has been happening. That does NOT mean we have been sitting on our hands doing nothing. The miner (CWIgm) HAS been created and was the most powerful and advanced miner know to Crypto - and still to this day even after 9 months of no development - being used internally now and NOT published. This is our call, not yours. Our miner, not yours. So we needed to do what was necessary to protect the miner AND the code involved in it's creation. I even posted that we would consider selling it, except that there were very poor advances to the pricing and diligence required to keep this miner on top. So you are incorrect - at least on that point and some others I will further discuss. We paved the way to show others that there is a better way than ripping the system and people of Crypto off. Unfortunately, a LOT of devs took the Rune Stensland SP way and copied ALL the code with very little changes made to the code, except for kernel improvement, not miner improvemen, and have since resulted in MANY miners backing the model of Rune and his devious ways. So be it. We will not follow those footsteps.

A year! That is little in the development arena. Especially when the development becomes a 'one man show' then a 'two man show' due to developer greed and malice towards to the abrupt halting of development for money. We are a team, and not many out their actually understand that concept. Some do, which is why they are still here in theTEAM at CWI, while the greed of those is shown to be nothing more than that, as they commission themselves out to those that have money but no morals. Like mercenaries not caring for the WHY they do, just caring for the DO and getting paid for it. Morality seems to matter little with these people.

The full update will explain further, but many hundreds of thousand of AUD of my own money has been poured into the backend systems, and still is. NO means of ICO or Loans or Token sales or anything else. This is something you will never understand regardless of whether you think the backend deserves mentioning or not. The community of gamblers like yourself, has no place in a long term project, a long term Company, nor a long term LEGAL entity that we have become. To solidify this infrastructure and growth of Company, all this was necessary @abudfv2008, and I will never make excuses for it. It takes time and money, especially when dealing with an entity like the Government. Whether you care or not - WE do. Legality plays a massive part in all we do now, and we are one of the only established Companies in this field, as well as the first and one of the only to obtain and keep assets with the likes of infrastructure and property.

Now is the stage of funding and employement, which we will intend on continuing with people that BELIEVE what we believe here in CWI, and not those that just lust after money like most devs here in this Crypto Space. This is why we continue to grow and become an entity, a rock solid legal entity, that can withstand the ravages of the Industry and still come out doing what we do, and continuing the now legacy we have started, while other crumble and abandon projects, disappear from sight, rip off community members and steal money from those that are looking to INVEST rather than gamble.

Some will fall away and that it good. Some will stay and that is good. There will be those (like yourself) that are pessimists and those that are the ones that drive us to DO than to just speak. We have done what is necessary, and we are one of the only one to do so, even at your displeasure.

No matter what happens IN Crypto now, we will be here. THAT was the goal, and we have achieved it. We will not go away, now matter how greedy the devs get, no matter how much the community comes and goes, no matter how much negativity (or pessimism) is thrown upon us. We will endure as we have, and continue.

Wallets WILL come; The internal miner (CWIgmcc) is currently being worked on, which means that eventually CWIgm will be released with a much richer palette of features and optimizations; We have made REAL LIFE deals/contracts with suppliers all over the world so that theSHOP is stocked well and has a variety of items to purchase utilizing the CWI-EcoSystem and integration; We continue to increase theFUND that we have been growing since day one; We increase our standing in ownership of assets so that we are stable as a Company; We continue to grow theFARM which has fast become one of the largest GPU farms in the Southern Hemisphere once again; We continue to build and grow our ideas and our intention to make a great deal of what we work on, a reality and eventually in the hands of the communities and layman alike, along with much much MUCH more.

ALL this takes money - lots and lots of money. All this takes time - lots and lots of time. All this takes work and a single steadfast focus to reach the goals we need to reach as a Company. If that is not important to you as a gambler on coins, we understand as that is what a Gambler does. An investor however, that is what we are after here, and we have a few who INVEST their time and effort for the goal we have, which is for the betterment of the CryptoIndustry, not the juicing of the money that you and others like Rune (SP) seek from it.

I am happy to see that hope still resides with you, but expecting the worse is something that is human, based on what you have actually seen. That is understandable, as you are not one of theTEAM and certainly not the CEO or any part of our Company, you know little of what is required to take this Company and become a legitimate entity that has built a solid base to work from. This is the 'backend' I keep referring to.

Now is the time to see the fruits of our labour, and in effect, the continuation of something I started almost 6 years ago.

Thanks again abudfv2008.

#crysx

I wouldn't call it negative. Pragmatic view or pessimistic - is a better definition.
All is based on the over a year of experience. Just what I see from deeds not words. It doesn't matter for investor what is "behind the scene" if it exists only in words. We already had bad experience with an "advanced SP_devastating miner", when all words remained only words and "soon" became "never will". New SWEEP wallet was also supposed to be released but not in reality:

It was on 23.08.2017-25.08.2017. A year had passed - but wallet is still "under way". And please don't tell me that you gave no definite period - I don't want again to argue about evident things that seednodes don't need a year to get them "compiled - installed - and running".
So, that is what potential investor really see behind your big posts claiming something like "we are making new Manhattan project but won't show you, or will show, but tomorrow" ... that never come.

Of cause I'n hopping for better but ready for worse.

Thank you for the very kind words mate ...

VERY appreciated also. It has been, is, and seems like it always will be an absolute pleasure to do business with you and your company. friendship comes of this, and I do see you as one. You have brought to light a number of systems that we have used, and are proud supporters of, for many years now, and we look forward to keeping this relationship going way into the future.

There is much more to do, and a longer road to travel. With help, we can make it a successful travel to each of the goals we commit our businesses to. Together, we will make a solid platform for the CryptoIndustry to work from, and in the process, reduce the delinquent 'dev' and 'projects' that are parasitic on the good people of Crypto.

Thanks again.

#crysx

Thanks for your opinion ...

Luckily it IS an opinion and one I do not share. Especially with what we have already setup and have been for the last 18months. there are many many MANY things you know nothing of as yet, and that is because there is nothing published about any of it until the main full update. Even then, a few of the project particulars are still under wraps.

The details of the PCO/Sale are stated and published in the main post above and will remain in that stasis. The coins have been on hold for a very long time (1 year SWEEP and 2 years OZC), so putting them in through the selected pricing is of no consequence, when we have held them for as long as we have. This is the main reasoning for the sale pricing, hence also the reason there is no failure, none at all.

The explanation of what will happen to the coins and their full rebase IS starting next month, and now that I am repeating what has already been stated, I'll repeat again. I think that the prices that have been allocated speak for themselves. SWEEP mining currently is only the start. It is low and even while it low, reasonably good trade is well and alive even while the mining is at a low ebb. When an exchange is allocated and paid for (more then likely Cryptopia), then the trading can be further enhanced. So far we have traded in excess of 106MSWEEP in the last 7months via PM and Discord Group #cwi-trade channel, and I certainly believe with the speed of transaction and capacity for growth that SWEEP currently has, when the new codebase is committed in the next couple of months, this so called 'fail' you speak of will never exist.

This means that ALL the coins will have the same codebase and ALL the coins will be similar in usage, so that ALL coins can be integrated into the master wallet that is currently being designed, and developed for the CWI-EcoSystem.

Slowly, this will unfold, and you being one of the more vocal naysayers (for the last two years I have watched and responded your (mostly) negative posts), will see WHY we have taken so long in the production of the ecosystem I spoke earlier of. You will see WHY time and development has been required to assimilate all the coins into a master integrated system, and HOW they can be used when it is ultimately completed. There is no negative downside here based on the pricing structure, even if they don't sell.

Thanks again for your opinions and questions.

#crysx

I doubt that someone will buy at 25, 16 or even 7sat price with only: "we will start working in next month". It is much cheaper to mine with current diff - if someone really need SWEEP.
Potential investor can only see none of the development for a year since you've got SWEEP, no exchanges at all, no whitepaper. If he can he will calculate mining price and realize that even 3sat is very very pricy.
So, whats the plan when your "sale" fails?

I think you should have plans to reduce the risk quickly and minimize the loss of the project. You should have conversations to take better measures. You have a great team working but you have to have a good leader to distribute the team. Are you the leader of this project? Where can I watch the news on this project as well as yours? I am very hopeful about this project, it is very promising

We are proud to support such an awesome and dedicated team, more teams are needed like this in the crypto space!

I have worked with crysx for a number of years now, his support, dedication and knowledge have helped my own projects develop, I am excited to work closely together with these giveaways.

### CWI-COINS - PREMINE

Hi All ...

After many months of considerable thought, negotiation and deliberation, the two coins we have the premines for, have been decided upon.

The factors that brought us to these decisions are many, but the crux of it stems from the fact that ALL these coins are for the use and distribution, as well as the development and progression of each of the coins themselves. As such, the decision for the premines are static and the same, and are not negotiable after this post, as we have held these bags of coins for such a long time now (in one of the coins case, for over two years) which has caused more negatives than positives. CWI have maintained the grasp and hold of the coins and as have been promised, none of the coins have been moved unless they were to be used for the purpose they were designed for.

Many options were presented and discussed, while I personally considered all the options. Some of these options (to name a few) were ...

- A complete burn of ALL the coins in both premines.
- A complete sale of both premines.
- A complete airdrop of both premines.
- A partial component of some or all of the previous points.
- A swap for other coins and/or burn and/or sale of the remainder of the premine.

Now these options were not the only presented as mentioned, but were the ones that made the most sense.

The decision made is two fold.

1 - The coins need to be sold in what i have called a PCO (Post Coin Offering).
2 - The coins need to be distributed to as wide an audience as possible, but only a partial amount for free.

This means that for the two coins we have the premines for (OZC and SWEEP) shall be distribute in a graded/scaled sale on either the exchange or through our Discord channel, until all coins are sold. The distribution will be done on a coin amount, not a percentage of the premine.

The current amounts in the premine for the two coins are as follows ...

OzzieCoin - 10,000,000,006 OZC (~10 Billion OZC) as seen here - https://chainz.cryptoid.info/ozc/address.dws?233527.htm
SweepStakeCoin - 62,488,854 SWEEP (~62 Million SWEEP) as seen here - https://chainz.cryptoid.info/sweep/address.dws?30166.htm


The distribution of both premines will be as follows ...

For OZC ...

01sat - 2.5BOZC
03sat - 2.5BOZC
07sat - 2.5BOZC
16sat - 700MOZC
GiveAway - 1.8BOZC (Exclusively via our Partner Project - Crypto GiveAway)

For SWEEP ...

03sat - 16MSWEEP
07sat - 16MSWEEP
16sat - 16MSWEEP
25sat - 7MSWEEP
GiveAway - 7.488855MSWEEP (Exclusively via our Partner Project - Crypto GiveAway)


Crypto GiveAways (https://cryptogiveaways.org/) is the brainchild of none other than 'batesresearch' (https://bitcointalksearch.org/user/batesresearch-132621). He is also the Founder and CEO of the highly successful CoinFestUK Coin Summit (http://coinfestuk.org) which we will attend in the coming years and support in many more ways than 'just' coins.

The SweepStakeCoin sale will be maintained and escrowed by CWI-Escrow services and will continue to do so until such time SWEEP is placed into an exchange.
The OzzieCoin sale will be initiated as sales through the exchange that we consider as being the most solid and stable, and the only one we recommend to do the transactions through - Cryptopia.

The coins will be set and will remain for the term of their sale. In the event of a swap or hardfork, both premine amounts will remain in the sale position until all are sold via the CWI-PCO, even if a swap is necessary for the coins. This event will start on Midnight Monday 3rd September 2018 Adelaide time (google 'what is the time in Adelaide, South Australia, Australia' to see the timezone difference).

The purpose of the premine and relative PCO is to bring about the closure of the full development fund, and as such, have the premine dissolved into the CWI-Fund (theFUND) BEFORE we continue with the development of ALL coins we have under our wing.

The full update is not complete thus far, but is close. This post is one portion of the full update and this needs to be published prior to the full update publication, so as to not make the next full update larger than it already is. Believe me it is large.

For those that have been following us for such a long time, and have been a part of the CWI Community, as well as those that have helped in ways we cannot thank you enough for, we hope that this will be the end of the old stage of our coin acquisition, and herald a new level of development which we have planned for the start of next month.

We hope that we can make granite (GRN), OzzieCoin (OZC), Droidz (DRZ), InfluxCoin (INFX) and SweepStakeCoin (SWEEP) a group of usable and functional coins, that will undoubtedly become an integrated component of the final leg of the development for our coin system and the integration into the one wallet we can design and implement for use in our CWI-EcoSystem. This integration stage will be the last stage in our coin acquisitions and the development of that integrations stage must happen after all the coins are rebased on their new code. This also means that PoW only coins will soon become 'not' just PoW only

#crysx

### CWI-ECOSYSTEM - INFRASTRUCTURE

Hi All ...

We have been working all day and night on getting everything back up and running with our infrastructure and systems, after the main technical issues got the servers operational again.

It all seems to be functioning well, of which the pools are the main systems that you actually 'see' and are exposed to. Pyroxene is running and perfroming considerably well with performance and stability. With the exception of a full update on all servers, all is running as expected, which will happen in the next maintenance schedule early next month (Maintenance being slated for the 7th of every calendar month).

Mining itself can be restarted, and the backend systems (including the systems for theFund, theStake, theFARM and the internal mining components of Pyroxene) will be extended and added to as we work in the coming week to expand our facilites to allow for the expansion of the mining systems/Mines as well as teh backend systems (staking mines and funding systems/wallets for example).

We hope all the systems will remain as stable as they are showing to be, and as always, if there are any signs of issues, please let us know as soon as possible.

Thanks for you patience over these last three days, as we appreciate it greatly.

#crysx

### CWI-ECOSYSTEM - INFRASTRUCTURE

Hi All ...

As so many of you have noticed, and messaged me personally, the pool systems as well as the daemon servers and pretty much ALL the backend systems are currently down.

We initially considered it was a financial issue, but that has been put to rest. In fact it involves a financial institution, but is not a financial issue. The Bank we bank with has been causing grief, and part of that is due to Crypto - apparently. So once again, we are trying remedy this issue and are working WITH them to get our systems and flow of cash back online.

When Crypto becomes mainstream, this will hopefully be a thing of the past, and these banks don;t seem to be relenting to the onslaught of people and Companies that are becoming more and more involved with Crypto. Too Bad!

They can, have and still will cause as much grief to the Crypto industry by causing as much disruption to our everyday 'banking' needs based on the bias they have AGAINST Crypto. We will endure, and succeed ... eventually.

So for the loss of mining, staking, wallets, CWI-Fund (for Escrow especially), seednodes and all the other services we provide in the background for a number of systems and projects, we apologize for the delay and will get these servers back online as soon as we kick these... ahem ...I mean - we negotiate 'fair' terms to get our money OUT of these greedy bastard banks.

We are also working on a failover system in such a case as this, and would appreciate the help of a RUBY/RAILS and PHP developer for the project.

Thanks,

#crysx

### Pyroxene (theMINE) - BOTH MINES NOW IN FULL PRODUCTION

Hi All ...

Update here - https://bitcointalksearch.org/topic/m.44246053

#crysx

### CWI-ECOSYSTEM - DISCORD

Hi All ...

We have a discord group now setup, and accepting invites.

The channels inside this group are the same channels as in slack, so all our projects can have a small home in the Discord system.

Please feel free to join, and become one of the CWI-Discord community members.

CWI-Discord link is here - https://discord.gg/TVXRvrq

Thanks.

#crysx

### Pyroxene (theMINE) - Citrine

Hi All ...

An update regarding the new pool system - https://bitcointalksearch.org/topic/m.41852529

Thanks.

#crysx

No ...

Once we get OZC sorted, the same will be done with all the coins. OZC (unfortunately) is the first, so any issues need to be resolved with it BEFORE the other coins are done.

When the correct recode/rebase is done, the others will be a LOT more smooth than the first, as OZC is the 'template' for the rest. This simply means that the sooner we get OZC done 'right', the sooner the others will follow suit.

#crysx

So the recode will start after July 1st ? And you're still on OZC, that puts Sweep in october/november at best?

### CWI-COINS - GRN OZC DRZ INFX SWEEP

Hi All ...

The new Logos for the coins are nearing completion. Themes and graphics design work on the board currently.

OzzieCoin (OZC) will be starting development shortly after (our plan is to start on the new codebase on the 1st July 2018). This means a not only a new look, but a new codebase, a new algo (with new specifications for the coin), and a new direction in the functionality of the coin. The other coins will follow suit when OZC is completed.

This WILL mean a hardfork for the new wallets/codebase as we are moving well away from the old deprecated codebase our coins currently have.

We are looking forward to this with great anticipation, and aim in bringing our projects inline with one another to serve the CryptoCommunities with the CWI-EcoSystem we have been building.

#crysx

+1

#crysx

Do you collaborate with the project? Are you an investor?
Don't worry, I know your answers will be "No" for both questions.

So, if you aren't involved in any way, don't complain that the project doesn't go faster.

If you don't see a problem when ''soon'' has been thrown around for ONE FULL YEAR without ANY tangible result, then you have a problem mate...

Yes ...

#crysx