Topic: [NRS|NoirShares] POW ENDING at 50k | DACs | MANDATORY WALLET UPDATE 6/23/2014 - page 6. (Read 141590 times)

HAHAHAHAHA.  Not surprised this is another clone!!!!

Why the long face, caught cloning AGAIN??

If all GF shareholders would have sold their share then other people would be holding those shares and be duped now. We did not buy a share for selling, but for holding a stake in the company. Only that stake turned out to be empty. Nothing substantial has come out of it for 6 months now. And what is promised now is only a copy of LTS and Talkcoin. Still have to see it work, did not see it yet and the screenshots can be made in an advanced paint clone.
And trying? Maybe yes. But not for our benefit.

I'd say the price reflects everything negative that has been said.
The situation with the angel investors needs to be resolved, if they aren't happy that is a major issue which will stop any traction from being gained.

Though remind yourselves, there was a point when GF shares were going for 8x the initial value.. You all had an opportunity to sell for a profit, did you not?

That is more than can be said for half the coins in existence.

At least Barwizi is trying, or so it seems with the looming update.

Please send an email to the GF holders with the contents of this thread. Their emailaddresses were gathered at some point and I did not give it in vain, so won't be too hard to inform those that don't have skype. Maybe you can also integrate a GF shareholders Skype with the new wallet.
Also don't you need testers for the new wallet?
And what about the questions of the GF shareholders about the financial status? Where is NRSlogan with the financial news? 
Were those questions also answered in Skype? Then please again send emails to the GF holders about that. Or post it somewhere in the blockchain, with the newest technology it won't be so hard to make a real DAC that holds those documents and you would not have to worry again about GF shareholders asking the same questions over and over again.

For the record: Seeing is believing. Did not see anything substantial for over 6 months now. Impossible to believe anything will happen at this point, would have happened long time ago if it ever was going to happen. Lost my faith in miracles. Only 3 coins/DACs I really believe have future at this point, and NRS is not one of them.

Thanks for that quick reply.

Yes the lotto and anything else I develop/fork/adapt/copy/invent/dream, will go into the NRS wallet, so long as it can be done safely without any further chain swaps***. No it does not mean that GF share holders will not get shares of the Lotto DAC, it just means that their shares (in the lotto DAC) will be interchangeable with NoirShares. Their shares will be part of the money supply to ensure simplicity and liquidity, which have been lacking on the original investment offer. GF shareholders always have the upper hand, this will be explained to ALL GF shareholders once some of the kinks are worked out.

My not speaking about their benefits is simply because I am not ready since i have not completed the spec around those factors , as you can see from the screenshot , the lotto is not activated yet.  GF shareholders are free to check the skype thread where possible methods of redeeming their shares have been discussed.

***the introduction (if i get it right) of Colored coins, may be the only reason to do a full chain swap.
***Releasing new coins and giving shareholders new coins is a rather wasteful approach. Investment from new comers will be diluted over many products, resulting in mediocre performance of the company as a whole. I believe that the best way is as follows

1) Release Sharebase  -> 2) Develop Services and Apps on top of ShareBase 3) Complete the DAC and leave in maintenance mode
 
What does this do for you as an investor? 1) First come, first serve. I am not about to start development of something else without fufilling as much as i can on your investment in the group and NRS. 2) You are guaranteed a permanent income from this DAC, ie your initial drop + % of profits/claims relevant to your investment.  3) Because (being dveloped) it is hard coded into NRS or any new Sharebases, even when the CFO, COO and CEO are not available, you still get your income, (completely trustless system) because it is handled by the client.

I just want to get this straight.  Lotto will be inside the NRS wallet?  So that means General Fund holders won't get any shares of the Lotto DAC because it will be on the NRS blockchain, right?  Doesn't that basically screw general fund investors?  General Fund investors funded miners and now development of NRS and get nothing.

Sounds good.
Please keep us updated.
I've got nrb in a wallet also, so I want to make sure they are swapped over.
Thanks

NRS are best in your wallet. We are looking for solutions to the NRB issue now.

Yes, we will definitely contact all exchanges and partners.

I am setting up a few nodes to facilitate the process. I will update later today on my progress. If not , we will ask the exchanges to handle the swap.

28/08/14 CDO update

Since early two months ago, i took development directly into my own hands. A lot has happened since and i'ts time i showed my progress to the community, as well as outline what i'll be doing the next time i go quiet.

Here its a truncated changelog




Known issues

Lotto suspended (it is in the dev branch (unpublished) ) I noticed some very odd behaviour that needs further investigation. (will update, maybe i can make it in time for launch.)

Donate suspended (this will come with lotto integration)

Icons (the icon set i used has....issues)

Blockchain size (this will become evident later) It tends to bloat due to the addition of a plethora of functions.

Please , if you notice and other issues open an issue report on github once the update is made available.

Community involvement and rewards Programme

There will be a 5 NRS reward for all valid issue reports. This is to encourage the community to help with improving the software.

There will be rewards for submitting bug fixes categorized as follows

GUI  5 - NRS - 100 NRS
Wallet  100 NRS - 1000 NRS
Database 100 NRS - 1100 NRS
Critical - 300 NRS - 4000 NRS
Minor - 50 NRS - 500 NRS
Documentation - 10 NRS each fix

If you feel the need for other tags, please feel free.

The (Coming soons)

Most of the work has already been done and maybe some of them will be part of the first phase, they have been temporarily labelled as such due to some of the sensitive areas they affect in the code, or in the business model. Transactions are what hold the blockchain together, as a result any modification to the structure and behaviour needs thorough testing, and even after it can be prone to problems.

Without making too much of a promise, i will just say i am making frantic efforts to get everything working , before launch. Depending on the Shareholder group, (if they vote in the affirmative) I may delay launch by a few days, to make sure i get the lotto working.

What's Next?

Well, first off, gotta get everything working. Then I will begin investigating recent developments in the crypto sphere to get a general idea of what to do next.

I have already looked at "Dual netting" and "Colored coins", and they may factor into Phase 2 of the NRS update.

Why In NRS ? Why no new coins/shares?

My recent conversations with prominent business minds and crypto buffs has lead me to believe that my approach towards DACs needs modifying. One of the key issues is the "extended" alt-coin spring. A new coin is scoming out every few hours , maybe in some cases with a few new ideas, (most of them never implemented), i have resolved that NRS platform is not saturaed yet, as a result, releasing a new "token/coin" without fully exhausting the NRS platform is wasteful and rather narrow minded. This means that any and all ideas that can be added to NRS without as huge a change as i had to do this time, will be done on top of NRS. No new unnecessary coins/shares/tokens, without just cause.

When to expect new coins/shares/tokens?

Only when a completely new chain is required to implement the features, and NRS WILL feature prominently with a huge % of the overall money supply.

Questions can be posted here, in Skype group or on freenode #NoirShares

Good work.

barwizi
Please tell the all the exchanges for the snapshot.
Like btc38.com

Thanks.

Looks good Barwizi!
Is the nrb block chain up and running?
I have about 100k+ nrb stuck on cryptsy.

 

sorry, when i am working, i forget there are people waiting on me.



New look for the wallet. I will be integrating the Lotto on top of NRS as you can see. Also , in the second phase we will have a "Business Suite" in the wallet.


Now would be a good time to move your NRS and NRB to your local wallet, this quarter's snapshots are just three days away

I'm on freenode today in #NoirShares

Let's discuss the coming few weeks.

NRS update is ready, i am just waiting for the snapshot date and our CFO.

Guys can we please change the color scheme on a few thing

https://kiwiirc.com/client/irc.freenode.net
http://www.reddit.com/r/noirshares

At lets face it - THEY LOOK SHIT . every person would need to adjust there screen just to read it.
Black backgrounds with even darker black texts

2nd
We really need some updates  at least once a month

both Twitter and Facebook are both dead with no activity in over 2 months. (i have ask if i could join the team and help if you need media feedback)
 

 3rd

What happening with the DAC is the biggest thing in the NRS history and we haven't heard any thing about it.
You can clearly see from the Price charts that there less interest then a dog breakfast

PTS are launching their 2nd DAC in a months time and more people know more about it then NRS first DAC.

Lets work together and try to rebuild the community  

 

there not alot od talk about the DAC launch tomorrow - is it still happening ?

I have no idea what you are talking about.

I just want a refund from this failed project.

To this day, do not want NRS to have a better future, that is a fool!!!
We must have a sober understanding!!!

Barwizi: I pm'd you and you have yet to reply.  I would like a full refund from the GF investment I made.