Topic: [PND]Pandacoin | First Hybrid Wallet | 5000% Faster Blockchain Download | Instant Sync - page 113. (Read 1358977 times)

First and foremost I want to state that I'm very impressed with the dev teams efforts to date and they genuinely have my utmost respect.

I've been an avid fan of PND since I got interested in crypto about 3 months ago and I just wanted to relate my experiences, thoughts and hopefully add some useful feedback for the Dev team.

Crypto Crash Course
It was obvious from the first viewing that a lot of real thought and effort had gone into the http://pandacoinpnd.org/ website and someone (LMP I suspect) has gone to great lengths to simplfy what are for many difficult technical concepts.  I still have difficulty in understanding the blockchain and how PoS operates even after reading the crypto crash course I think it would be useful to have some infographics in the guide similar this one . http://i.kinja-img.com/gawker-media/image/upload/s--os0a1g1U--/c_fit,fl_progressive,q_80,w_636/ayn5lkolza8khylf9rsz.png

pandacoinpnd.org
Needs more languages otherwise it's "Cryptocurrency for the masses if you speak English or Mandarin"

The charities section is a good idea but how about keeping the theme "for the masses" allow PND'rs to nominate and represent charities, maybe have a lotto with paid for entries and distribute determined on votes,  charities and reps would have to validate but the grass roots charities can actually save lives with as little as 1m PND i.e buys a lot of mosquito nets or deworming tablets.

IRC
I had never used IRC before but it is heavily promoted here and on PandacoinPND.org but signing up is a PIA, it would be nice to have to ability for non tecchie users to sign-up (register their nick) and revisit via a simple form on  PandacoinPND.org.  Unfortunately I don't believe the masses are willing or able to go through the  "/msg nickserv register $password" rigmarole without assistance.  Also it would be useful to have a link to some recommended IRC clients with setup instructions.

I eventually downloaded Hexachat managed to register my nick and join #pandacoinPND, observed for a while and felt like the real know-nothing noob I was but I was determined give it a go and really glad I did as there is a really friendly, fun, helpful community spirit there. The biggest barrier for me was the crypto lingo, sats, lits, sluttydrops, etc, however the best fun I've had on IRC is with the varied topics that come up which have nothing to do with PND, you should let people know about that, everything from cooking to quantum physics is welcomed.

The Dev Team
Without breaching anonymity (if required) it would nice to have a little intro the the dev team and more reassuring for those new to crypto coin.  A really radical suggestion, a declaration of PND holdings by the dev team, personally I don't care if it's 2bn each but even a collective statement would inspire confidence.

Panda Bank
Unless I've missed it a way to annotate transactions is needed, I understand that it would be wallet only and not on the blockchain (would be nice on the blockchain) but really as long as there's been currency and barter people want to account for it and record it.  I believe this could be huge insomuch that I could code each of my transactions, export to CSV and import to an accounting system or spreadsheet without too much effort.

Also I cannot find any information on Sign Message and Verify Message options in PandaPank, looks like it could be useful but not what it is and intended uses.

BuyPND
I brought my first big (for me) amount of PND from Jommy99 at buypnd.com via PayPal, the rates were fair reletive to the PND/USD price on Bleutrade so I made 2 more purchases, with my plan being to purchase a little each week as my funds allowed.  Unfortunately my understanding is that people started to abuse the site and were charging back after they'd received their PND and as a result the PND exchange rates went sky high to reflect the risk.  BuyPND.com is an essential piece of the puzzle in getting the masses to adopt PND, it has the lowest amount of friction for getting into PND for the average user.  It is difficult for me to get BTC even though we have a BTC/Fiat exchange in my country I am not comfortable with the amount of data they need to collect and report to the powers that be, that left me to venture into cloud mining which was an unmitigated loss making disaster.  As I stated I was/am still fairly green in the crypto currency world but I did luck out with PND, much of the other stuff going on out there is a shark infested cesspool.

The only fix for this I can think of is a delayed staking payout run by buyPND which is a massive development compared to what they have now.  Essentially if you use buyPND you are committing your fiat for 40 days (PayPal chargeback period I think), the money goes into a buyPND wallet and is staked after 40 days it is sent to you with staking interest.  This is not a good solution for short termers but long termers should not be too worried.  From my dealings with Jommy99 and buyPND I would say he is genuine and as trustworthy if not more so than any other internet store selling goods.  Regardless we need some brainpower on this if we want to get PND out to the masses.  In reality not much different from a time locked high interest account.

Mobile
Android app was nice to see but the high transfer fee was ambiguous and off putting as it wasn't overtly declared. Weekdays Mobile space is my world, PC time is late nights and weekends, I feel this is being ignored or de-prioritised but PND portability on Android and IOS is a big win.  The bounties for mobile development are not exactly enticing for a quality app.


Summary
I wrote the above with one of my thoughts being of how would I get my friends (a majority of whom are in their fifties with high liquidity) to take a little punt on PND and what are the barriers at this point in time?  Rightly or wrongly I am of the opinion that it is not easy for the dev team to distance themselves from their own intimate understanding of PND although it is clear they have made an effort to when communicating to us. The tagline "Easy to use, buy, mine and understand" currently is not accurate "Easier to use, buy, mine and understand" is more apt for now.

I maybe totally off base but given the response of the community I suspect that there is a percentage of PND long term holders who would be happy to help contribute in terms of services and support i.e I would be happy to do a basic English language IRC windows tutorial for new users or help with a Thai translation of the website.

Finally a big Thank You to Linux_Mint_Pal, Cadexn, Jorri, War_Panda, Jommy99 and the rest of the IRC regulars and of course Ozzke.

Friendly reminder to come over to the IRC and join the chat at #pandacoinPND @ irc.freenode.com

as far i know this coin was create to fight the scam coin of wolongs as was born for,pandas deserve better, but that is not the only end of this coin. 

It is not made by wolong and they do not share same symbol. Wolongs scam coin was PANDA. This is PND.

I'm confused, is this the coin made by Wolong or do they just share the same symbol?

Hi Pandas,

I started getting this error today in Pandabank and it won't start successfully now:

https://i.imgur.com/rDQW7Am.png

I have tried uninstall and install but still no go. Any ideas?

EDIT: Nevermind
1) Renamed C:\Users\\AppData\Roaming\Pandacoin to PandacoinBackup
2) Start pandabank and it created the C:\Users\\AppData\Roaming\Pandacoin directory again
3) Close pandabank, copy wallet.dat from C:\Users\\AppData\Roaming\PandacoinBackup to C:\Users\\AppData\Roaming\Pandacoin
4) Started pandabank again and now it's synchronizing

Nothing is wrong with us.
I'm well aware that our market cap stayed about the same (it did dip to around 950k a couple of times though) and I did say that the delay was/is (most likely) only partly the reason why the price has dropped compared to BTC. One other reason being, like you said, the sudden increase in BTC price making people cash out.

What the hell is wrong with you guys?

Price for PND has been stable around 1-1.2 mill market cap. It's bitcoin price going up that caused the change in value in terms of satoshi. But with USD value it's still the same.

I completely agree. The recent price drop is most likely, at least partly, caused by this delay and I think the PR team could have handled this better. They should have made some kind of more official announcement (twitter, facebook, google+, etc) when it was starting to become obvious that they wouldn't be meeting the deadline with the update. I don't count a single dev post on bct telling about the delay very official or being sufficient.

Can always happen that someone got in troubles or personal issues
but the announcement to deliver in 7 days and then no more concrete
infos about the timeline is critical for a coin that is no pump and dump
cause from outside (for those who don`t not much yet about pnd)
 that looks and had the same effect like market manipulation
if you take a look at the charts.
(don`t scream and yelling, we all apreciate the hard work of the devs)

I hope a lot new people found the way to PND and profited from the cheap coins.

Hello, hopefully some one can help me. I am trying to encrypt my Pandabank wallet but the option under settings is greyed out. How do I proceed? Any help very much appreciated x

soon

Quoted for truth.

I also add "because, sadly, too many users don't bother to read http://pandacoinpnd.org/cryptocrashcourse/ thinking they know enough to trade alt-coins"

Many a factor: the price of BTC, people upset the new wallet has not been released (even though the devs explained this one), quick profit, dumpers; a combination of these and there are others that have their own reasons. Try not to pay to much attention to price and think about what the devs are doing for the coin, and alt-crypto in general. Panic sells and band-wagon buys really do not a coin make; but a higher price does make most everyone happy. 

PND price not going up because BTC is getting pumped. When ever BTC goes up, other alts tend to go down as traders get their funds into BTC.

easy, because there is are humongous amounts of pnd in sell, 300 btc in sell, over 500 millons pnd on sell and low demand, we can easily go back to one satoshi and more cheat PND for dumpers to buy and them sell in a higer price, even more that they will be able to pick a wallet open it, buy 300 millons pnd at 1 satoshi and then sell it at 9 satoshi.


also, when you are at the bottom the only way is up.

Patience is a virtue and raiuk is a poser!

New Crypto Crash Course Article - Why User-Focused Development is Better than Value-Centric Development



With so many different cryptocurrencies out there, what makes them different and how do you know which technological developments are important to progress the entire digital decentralized currency industry forward? The Pandacoin Crypto Crash Course will take a close look and compare the differences between ‘User’ focused developments and ‘Value’ focused developments.

http://pandacoinpnd.org/why-user-focused-development-is-better-than-value-centric-development/