Author

Topic: [PoS+PoW] eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta - page 264. (Read 415656 times)

hero member
Activity: 644
Merit: 500
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.

wtf?

ROFLMAO!    Grin


Second time I witness such craziness today...  https://bitcointalksearch.org/topic/nxtl-next-coin-lite-3-next-upgraded-fair-distribution-topic-3-460035

...the posts were BACK 2 BACK too...


P.S.   Please check your PMs.   Wink


If you find more sock puppets of this guy, report it here

https://bitcointalksearch.org/topic/m.5371342

These are obvious Nem sock puppets of of one guy
sr. member
Activity: 376
Merit: 300
I think that it's a good plan
sr. member
Activity: 294
Merit: 250
Alright here is what we think about the spreading:

First of all calculation basis:

We have about 650 people for the mail-giveaway. Lets say we will get 1500 till launch (the possibility to apply will end some days before the launch).
If they get a 10% block of EXO each valid mail address would get: 100,000,000 * 10% * (1/1500) = 6,600 EXO if there are less people than they will get maybe up to 10,000 EXO (=1000 people). We think that is about to be a realistic scenario.

Early-bird expectations (as it is now):

(your_amount) / (all_investmentsBTC+LTC) * 100,000,000 * 15%
with all_investments: 156.97 BTC + 663.73 LTC (lets assume 1BTC = 40LTC) == 173,56 BTC round it up to be 175BTC

if you invested 0.1 BTC then you would get 8,570 EXO. That is just (nearly) exactly in the middle of what we would expect that one single mail address would get.

We do not like to change initial promises like the spreading plan. However, I guess everyone must admit that a registration on a website cannot count like a 0.1 BTC investment as early-bird! That is simply not fair. Initially we thought that there would be way more mail applicants than investors but that seems not to be the case.

Second thought: The mining part is a key element of our spreading plan. We do not want to reduce it since 50% is somewhat like a magic number. Even 49% would look badly. Mining is essential for a good spreading and we would like to keep it at exactly 50%.

Third thought: Bounties+Giveaway block might be a little bit small. There could be more EXO used.

Fourth thought: We do not want to make 2 more stages. I guess it would bloat the investments too much. But we promised to make a next stage and cannot simply stop it now. That would not be fair to those who wanted to read the whitepaper before investments first (we respect this wish).

Sixth thought: The 9% interest paying block seems to be somewhat interesting but in fact it does not help to spread EXO among more people than without this block. It is just something like "everyone gets 9% more - yeah it is called deflation".

To face all those thoughts above we would like to do the following as we think it is the best to most parts of the community:

- only one more round ("2nd stage") no 3rd round (5% from third round goes to 2nd stage)
- shrink the mail giveaway block dynamically. We will see how many people we have in the end there. We would then shrink that block, so that everyone gets an amount of nearly 0.025 BTC investment (in the end we will have something like 4% maybe. We would like to split the rest to 1st + 2nd stage investors)
- cross out the interest paying block entirely. We would like to use the 9% to split it up: bounties+giveaways will increase to 4%, early-birds gets plus 6% from it

We would redraw the pie chart like the following:
mining:                50%
3rd stage:            crossed-out entirely
interest block:       crossed-out entirely
2nd stage:           10% + 5% + 3.5% = 18.5%
1st stage:            15% + 2.5% + 6% = 23.5%
mail:                    4%
bounties/giveaways: 4%


That would change the amount of EXO for early-birds to be: 0.1BTC equivalents 13,430 EXO
mail giveaway people would get: 4000EXO (if 1000 people, otherwise 2667EXO if 1500 people) thus an equivalent of 0.02 to 0.03 BTC


If the community is OK with these plans then we would change the pie chart to what I just described. Anyway we would handle it dynamically (if there are 5000 mail applicants they would get some percentage more again maybe). And we are going to ensure that an early-bird investor gets at least 1.2 times the amount of what a second stage investor will get for the same amount of investment (described on page 2 in this thread). However, we would like to draw a pie chart with percentages as a clear and good overview of what someone can expect. If it changes a bit in the end ok then it will change a bit(+-1% maybe). But with this update I guess we would come very very close to a realistic and more fair spreading plan.



here is what we think of the timeline:
- next whitepaper version (maybe only smaller changes but definitively with some code snippets and programming progress news) can be expected on sunday
- start of 2nd (and last) investment stage after the open beta up to some days before launch.




We would like to get more mail applicants (but do not try to masscreate accounts there. Each application will be automatically verified (some days before launch) against this list: https://bitcointalk.org/index.php?action=mlist

(checking if user exists, checking registration date (if newer than what we set as timestamp, than checking post count), checking for duplicate bitcointalk names in our database)

We really hope that you can arrange with or be happy with these thoughts. If many of you deny these plans we would see what we can do.
Next message of me in about 24h.

your eXocoin team


Quote from: eXocoin whitepaper 1.0
The highest two bits of the message byte are used to determine the current message hop of the message.
So, eXocoin is not anonymous?  Embarrassed If i receive a message with 1st hop then i know the ip of sender? Huh
As of now I can tell you: yes you would know the ip of the sender. We might consider something after the launch. Whatever you do (using mix, proxy etc) *someone* will always get your IP and you must rely on his discretness. In that case, however, you could simply block all peers and only enable the connection to one trustful supernode. Only he will get your ip then. All broadcasted messages will not include your ip address.
legendary
Activity: 1722
Merit: 1217
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.

wtf?

I think the real question is; How hard is it to write a different troll post for your different troll accounts on BTT?

i just wanted to immortalize it before he noticed and deleted one of them Cheesy
newbie
Activity: 29
Merit: 0
When is the second stage starting?
legendary
Activity: 1470
Merit: 1004
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.

wtf?

I think the real question is; How hard is it to write a different troll post for your different troll accounts on BTT?
legendary
Activity: 1367
Merit: 1000
Quote from: eXocoin whitepaper 1.0
The highest two bits of the message byte are used to determine the current message hop of the message.
So, eXocoin is not anonymous?  Embarrassed If i receive a message with 1st hop then i know the ip of sender? Huh
legendary
Activity: 1722
Merit: 1217
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.

wtf?
member
Activity: 67
Merit: 10
How hard is it to write a bullshit whitepaper ? If i'd try a scam like this ( which i'd never do, to be clear ) I'd make sure to provide as much believable data as possible.
hero member
Activity: 644
Merit: 500
thanks guys.

and its something called heavyCoin

Expect the next ipo buzz, lol Smiley

i hope i dont go down in history as the guy who killed bitcoin Undecided

LOL. You made my day Grin  Anon136 - the man who killed Bitcoin & Harry Potter.

Don't worry, Mark Karpeles of Mt. Gox has this covered.  Shocked let's hope not.
member
Activity: 64
Merit: 10
the part about 2nd stage and third stage investments is gone from the front page of this thread.. does that men there wont be any 2nd/3rd stage investments? there has been a serious amount of investment already so should there even be any more investment? or take from the second and third stage and give to the 1st? bring down the marketcap.. Huh Huh Huh Huh Huh
full member
Activity: 490
Merit: 102
thanks guys.

and its something called heavyCoin

Expect the next ipo buzz, lol Smiley

i hope i dont go down in history as the guy who killed bitcoin Undecided

LOL. You made my day Grin  Anon136 - the man who killed Bitcoin & Harry Potter.
hero member
Activity: 546
Merit: 500
Ok we have confirmed most direct early-bird investments now. However, there are still some direct investments for that we cannot find a pm or mail for and they did not wrote it down in this thread, too. Please check if you are one of these (if you got already a confirmation I think you have not to do that):

Litecoin:

20 LTC - http://block-explorer.com/tx/59ccd291baa32425a7028cc54384a545dc1225d0a3c54451a664021c92957e0f    - timestamp: 2014-02-22 04:59:03

Bitcoin:

1.5 BTC - https://blockchain.info/tx/abccfb0b11aeebbd39b02267b22c3c77e4354f8106140cd3d99a7536b6ecbe2a   - timestamp:     2014-02-21 10:20:22

0.005 BTC  - https://blockchain.info/de/tx/56f50337a81e3c9700160caed3bca07f127af701c1e2c31a5a0048b488ebd6b3    -timestamp: 2014-02-21 22:48:11

0.06 BTC  -  https://blockchain.info/de/tx/dcbf19e27fed2a1169bf1b644afd8c5fc9ab1ae66f9b69a488d481575fb0d08c   -timestamp: 2014-02-22 10:01:38

1.2 BTC - https://blockchain.info/de/tx/258ff8f09ae0d6e28d9944bf084b88e1190401d529df63768da5c3697d409eb3   -timestamp: 2014-02-22 16:20:05

1 BTC - https://blockchain.info/de/tx/498992db2f02ab5455150c4637a06e8f95c7f2740a9b988462de4d170540656d    -timestamp:  2014-02-22 16:26:45  

1 BTC - https://blockchain.info/de/tx/cfd6e0f071dae8f23006bf114f511f8fa31756abb4f77f059bc2bca8c8f24b9b     -timestamp: 2014-02-22 17:30:17



   If no one want to claim them , I will buy them with a discount price.  How about ?   Kiss

   Just a joke  Cheesy
  
sr. member
Activity: 294
Merit: 250
Ok we have confirmed most direct early-bird investments now. However, there are still some direct investments for that we cannot find a pm or mail for and they did not wrote it down in this thread, too. Please check if you are one of these (if you got already a confirmation I think you have not to do that):

Litecoin:

20 LTC - http://block-explorer.com/tx/59ccd291baa32425a7028cc54384a545dc1225d0a3c54451a664021c92957e0f    - timestamp: 2014-02-22 04:59:03

Bitcoin:

1.5 BTC - https://blockchain.info/tx/abccfb0b11aeebbd39b02267b22c3c77e4354f8106140cd3d99a7536b6ecbe2a   - timestamp:     2014-02-21 10:20:22

0.005 BTC  - https://blockchain.info/de/tx/56f50337a81e3c9700160caed3bca07f127af701c1e2c31a5a0048b488ebd6b3    -timestamp: 2014-02-21 22:48:11

0.06 BTC  -  https://blockchain.info/de/tx/dcbf19e27fed2a1169bf1b644afd8c5fc9ab1ae66f9b69a488d481575fb0d08c   -timestamp: 2014-02-22 10:01:38

1.2 BTC - https://blockchain.info/de/tx/258ff8f09ae0d6e28d9944bf084b88e1190401d529df63768da5c3697d409eb3   -timestamp: 2014-02-22 16:20:05

1 BTC - https://blockchain.info/de/tx/498992db2f02ab5455150c4637a06e8f95c7f2740a9b988462de4d170540656d    -timestamp:  2014-02-22 16:26:45  

1 BTC - https://blockchain.info/de/tx/cfd6e0f071dae8f23006bf114f511f8fa31756abb4f77f059bc2bca8c8f24b9b     -timestamp: 2014-02-22 17:30:17

hero member
Activity: 546
Merit: 500
list is now up-to-date (as we are aware of). You are now in the list.
To all investors: If you are not in these tables right now please PM me!

Ok I have to be more specific: If you are not in one of these lists or if you have invested directly but did not received yet a confirmation please PM me.

have received your reply, thanks!  Roll Eyes


         So am I.........  Grin
full member
Activity: 155
Merit: 100
list is now up-to-date (as we are aware of). You are now in the list.
To all investors: If you are not in these tables right now please PM me!

Ok I have to be more specific: If you are not in one of these lists or if you have invested directly but did not received yet a confirmation please PM me.

have received your reply, thanks!  Roll Eyes
sr. member
Activity: 294
Merit: 250
list is now up-to-date (as we are aware of). You are now in the list.
To all investors: If you are not in these tables right now please PM me!

Ok I have to be more specific:

You are an escrowed investor? Please check if you are in that lists. If you check the amount remember that the displayed amount of the site is already reduced by fees from escrow provider.

You are a direct investor and did not received yet a confirmation? Please PM me.
member
Activity: 98
Merit: 10
Is there anyone read the whitepaper? How about it? bright future or just a bullshit?
sr. member
Activity: 529
Merit: 251
The Future Of Work
Quote from: signingoff on Today at 05:05:56 AM
It seems there is no innovation in white paper.


Quote from:eightspaces on February 24, 2014, 05:54:56 PM
After reading the whitepaper I am not convinced at all. In fact I think this is a pretty well done scam, at least the whitepaper makes me think so.

Good luck, I wish you all that it is genuine.



I will wait a few days for exo beta version。
Better use an escrow service!
Good luck!
sr. member
Activity: 529
Merit: 251
The Future Of Work
Quote from: signingoff on Today at 05:05:56 AM
It seems there is no innovation in white paper.


Quote from:eightspaces on February 24, 2014, 05:54:56 PM
After reading the whitepaper I am not convinced at all. In fact I think this is a pretty well done scam, at least the whitepaper makes me think so.

Good luck, I wish you all that it is genuine.

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