Topic: Notice:: PROJECT X, Come Join the Movement - page 4. (Read 12582 times)

Barwizis own little "scamNET"..

Tentative Expected Launch date is 15/10/14 ! 

BARWIZI IS A SCAMMER!  BEWARE!!

https://bitcointalksearch.org/topic/ann-scam-warning-barwizi-nrsnrbnoirgroupproject-x-789290

[MOD NOTE: Edited text size and removed off-topic image]

Not necessarily..

Similar to Lottoshares : coins are allocated to addresses copied from the other blockchains...private keys can sign and unlock the coins without being compromised.

The software is open source.

You shouldn't say this stuff in this thread.

It is for everyone to make their own judgement.

actually, I am confused how it work exactly. How? In short word.

Please actually respond to what I said
Because I feel like you are just skimming over and picking what you want to answer.

signing a message prove ownership on chain A, and we want to redeem on chain B so you want me to write a script that sends coins to chain B  when chain A signs a message?

here is problem number 1 , this means i have to mine all the coins in advance leaving them in my possession, which means i have to take responsibilty for them NO, I REFUSE. not only is it extra work it means anyone who fails to redeem their coins will begin bothering me about it. And considering the sheer number of possible addresses, that will take the rest of my life.

2) your method is highly inefficient and requires that there be a server that automatically pays out, meaning if someone gains access or plain just DDoS it then redeeming is messed up.

3) Your method requires that i remain on hand and become a help desk for everyone yet a simple do it yourself method that is proven exists

4) Your method requires that users be online to redeem their coins, mine doesn't

5) Your method is NOT scalable at all as it requires running every single client of every coin involved

6) in your method balances are not easily verifiable from Block 1

Let me explain How my method trumps yours

1) Once you download the wallet, even if it syncs just the first block, your balance will appear that instant and you are free to move it if you wish.

2) There is no need for proof of ownership, you just redeem your coins and go about your business and even the most technically inept can follow two lines of instructions.

3) It is easily scalable, i already have + 30 Block chain with up to date balances, running a script for a few seconds will compile all the balances and format them ready for inclusion, and if the code is ready, even the genesis block will be mined without any intervention from me.

4) A brand new wallet will reflect your balance

5) you can redeem offline by simply having  a copy of the client, no hassle, all security issues got out the window.

Explain to me how what I proposed is not applicable to every single point you mentioned because I seem to be the only one laying out any sort of comprehensive solution. Or better yet explain how your solution fits your own criteria because last time I checked you need to be online in order to sync your wallet that you redeemed

I think you need to read all the posts I've made in this regard and the ones on the page and the last from various groups that have already used the same method.

You keep hopping from one area to another

Find a method since you  seem to believe there is one that meets the following criteria :

1) Static balances for all addresses in each and every chain (should be scalable to 200 or 400 coins)
2) Easy proof of ownership and redeeming without any need for technical input, just a few instructions
3) Method of redeeming should be scalable up to 200 or 400 coins
4) Balances should be easily verifiable from block 1
5) anyone can redeem offline, and maintain their privacy

How does having people import their private key make it any easier to calculate the coins due to them? The coins due for each account should be calculated when the snapshot occurs and doesn't require user input so I don't see why a script that securely enables users to provide evidence of ownership and provide an address to receive their coins is any different. You still need to calculate the coins that are due to each account either way. Infact it would be easier to not store every address on your chain and instead have a script that looks at your snapshot data when they go to claim their coins and then sends the correct allocated amount from a pool of redemption coins that is entirely automated removing trust altogether from the system. Plus this way you could keep the redemption system going for far longer and if you wanted have it send you 1% to your address which can be documented on the blockchain this way

But i didnt do it did I? Such an old post.

1% is only a lot if this coin has low, or no interest at all.

How about  I fork this and make one without the premine, what do you say to that? I agree, 1% could potentially be a lot.

remember this:-

That takes care of Ownership but how does it deal with calculating the coins due for that account?

You keep solving one problem at the expense of the other so excuse me, it looks like that is just dumb.


Please explain how in any way this is an exchange?



People are free to participate or not, i see no rule on this forum that says you must always have a piece of every coin. If they are uninterested, they will simply not claim their share.

Shame but seems like 

Why do you keep deleting posts barwizi?

Also you never even considered the option I came up with that has zero security issues and is effectively fool proof as you can't fake a sig, all you can do is try to take something that some has signed before and pass it off as your own but if the message is randomly generated you can't fake it
Furthermore you shouldn't control unclaimed coins that is just dumb, if anything you should only get 1% of all claimed coins and even that is far far too much. Also it isn't owning 1% of your idea, your idea is to join all the coins under one platform, thats called an exchange... you didn't come up with anything. If people really wanted to get all their coins into one wallet they could just trade them for the coin they wanted to have...

I do not understand the people! Most people here want the developer is reachable 24 hours! And best your question in a few seconds and problem solve in minutes!

Ask these people also once someone of what such a developer lives

most people in the world go work 8 per day and sleep 8 hours, 1 to 3 hours on average takes time for things every day!
Example Just the ride to his work!

so 5 hours stay for free time if you have no children or so!
And no other interests !!!

I think this is too much students go, young people, because they have more free time! And not have to take care of themselves !!! But papa and mama will pay for everything!

And why should someone work for free, I always wonder !!!
Especially since you also can not develop it, because without money you have no PC, no power no apartment, how is this so everything will be paid.
Yes that's the REAL life

If someone likes nothing works without expecting anything in return, then please contact me, I would forgive tasks.
Because my time is often scarce a day

and honest !! No one is here because he wants to do something for free, because everyone wants to earn something, namely money. Even if he just stupid puscher post to write because he has just invested!

almost every multi-pool takes 1-2% for themselves ... some even 3-5%
and the need to develop anything, because the software is free, it must be provided only once and then the running costs are covered! But for that you need time and thus it is ok!

developer of software miner 2.5% to 3% only for the miner software example PTS
if you use your Miner and ypool example assumes 5% + plus 2.5% for miner software so you pay 7.5% in total

So I do not understand the Disskusion!