1. Could you provide any update on the tech, your research, any detail?
2. The number of coins, 666, did you make it on purpose to be like that? You may know that to some people it is, so to say, unpleasant association.
3. The testnet on the April 1st? Do you say it with the grain of resposibility? So, you are basically preparing now the testnet for the launch?
Topic: 🌟🚀 [Pre-ANN] AZULIK: adding privacy to DAG fee-less instant transactions 🌟🚀 - page 4. (Read 7264 times)
February 15, 2018, 07:55:09 PM
February 15, 2018, 07:46:41 PM
I think the total of coins is good. If one person donate 1 ltc and today 1 ltc value is X and in 03/16 is Y the coins to distribute will be by donate X or Y ?
It's a good question we should make it clear it will be max(X,Y).
Earlier you said:
It will be valued at the rate of the day we stop the donation.
Can you confirm that this is indeed a change and you will allocate coins based on the max value of either the day the donation was made or the day the donations closed?
So if I donated 100 coins and they are worth $100 the day I donate them and then on the day that donations close the coins are worth $50 I will still get $100 worth of coins? Similarly, if the coins are worth $200 on the day donations close then I will get $200 worth of coins?
Thanks
Yes we confirm,
as the decision to not cash out our dev wallet till we need it for the marketing (...) is our decision we don't want to impact the donators.
Hence we will value max of the price between the donation date and the day we cash out, hence what you said is correct.
February 15, 2018, 07:33:48 PM
I think the total of coins is good. If one person donate 1 ltc and today 1 ltc value is X and in 03/16 is Y the coins to distribute will be by donate X or Y ?
It's a good question we should make it clear it will be max(X,Y).
Earlier you said:
It will be valued at the rate of the day we stop the donation.
Can you confirm that this is indeed a change and you will allocate coins based on the max value of either the day the donation was made or the day the donations closed?
So if I donated 100 coins and they are worth $100 the day I donate them and then on the day that donations close the coins are worth $50 I will still get $100 worth of coins? Similarly, if the coins are worth $200 on the day donations close then I will get $200 worth of coins?
Thanks
February 15, 2018, 05:46:29 PM
Saya pemula dalam hal ini, mohon bimbingan pada master master semua,, 
February 15, 2018, 05:33:06 PM
I think the total of coins is good. If one person donate 1 ltc and today 1 ltc value is X and in 03/16 is Y the coins to distribute will be by donate X or Y ?
It's a good question we should make it clear it will be max(X,Y).
February 15, 2018, 01:48:24 PM
I think the total of coins is good. If one person donate 1 ltc and today 1 ltc value is X and in 03/16 is Y the coins to distribute will be by donate X or Y ?
February 15, 2018, 09:58:14 AM
If 50 usd go throw 50 people its made a PIB of 2500 usd. The money needs circulate, I think 66,600,000,000,000,000 from the miminum amount (satoshi equivalent of azulik) if more than enought. Don't worry about one value like 0.000234 because we will use softwares to pay.
February 15, 2018, 09:27:28 AM
What would be the downside for you to have an higher supply ?
February 15, 2018, 07:32:24 AM
No you want a currency which is easy to use on daily basis, and of course you don't want to match the M2 supply but you don't want neither to have to pay for a coffee 0.000000000125 Azulik. People would be confused, it's much easier to pay 2 Azulik for example. It's just the human brain which is like that. On top of that newbie investor like cheap coin in nominal as they believe it double easier (which is silly we agree).
Smaller value azulik could be defined as microAzuliks. 0.000000000125 Azulik could easily be 0.125picoAzulik. These days, even BTC is now written as mBTC. February 15, 2018, 07:05:12 AM
No you want a currency which is easy to use on daily basis, and of course you don't want to match the M2 supply but you don't want neither to have to pay for a coffee 0.000000000125 Azulik. People would be confused, it's much easier to pay 2 Azulik for example. It's just the human brain which is like that. On top of that newbie investor like cheap coin in nominal as they believe it double easier (which is silly we agree).
February 15, 2018, 04:12:35 AM
What's the total number of coins?
I think I read somewhere that it is 666 million. Not sure why the devilish number but easy to remember I guess.
Yes indeed it's 666 millions i guess because it's 5 times the Nano (XRB) supply, and i read they wanted an higher supply.
do you guys think 666 million is enough? I think I remember seeing that the devs want this to be used by everyone, for everything. If you think about how many USD, EUR, GBP, CNY, and JPY, not to mention all the other currencies of the world in in the world (The lastest M2 of USD is 18.5 trillion) the supply should be higher....otherwise the value of each Azulik coin will be very high. Not sure that matters or not unless you want the value in terms of other fiat currencies is reflects a number that is manageable. No one wants to pay for a coffee or taxi using 0.0001247 (or whatever) coins. Maybe this is a bridge to cross in the future. Would love to hear what some of the more seasoned crypto users think.
Exactly our thought, in another hand we have to think about the distribution. How to distribute many coins through faucet ? It's not easy, if we find an optimal way to distribute hence we will increase the supply.
I don't think there's any use increasing the supply to meet ALL THE WORLD's demand. Come on! That's newbie thinking. Bitcoin serves its purpose magnificently in spite of being priced high (minus, of course, the slowness of transaction). Decimals can be introduced to reflect whole values like is being done for BTC now. You aim is not meeting whatever M2 supply, but introducing a useful currency that serves its purpose.
February 14, 2018, 04:35:52 PM
What's the total number of coins?
I think I read somewhere that it is 666 million. Not sure why the devilish number but easy to remember I guess.
Yes indeed it's 666 millions i guess because it's 5 times the Nano (XRB) supply, and i read they wanted an higher supply.
do you guys think 666 million is enough? I think I remember seeing that the devs want this to be used by everyone, for everything. If you think about how many USD, EUR, GBP, CNY, and JPY, not to mention all the other currencies of the world in in the world (The lastest M2 of USD is 18.5 trillion) the supply should be higher....otherwise the value of each Azulik coin will be very high. Not sure that matters or not unless you want the value in terms of other fiat currencies is reflects a number that is manageable. No one wants to pay for a coffee or taxi using 0.0001247 (or whatever) coins. Maybe this is a bridge to cross in the future. Would love to hear what some of the more seasoned crypto users think.
Exactly our thought, in another hand we have to think about the distribution. How to distribute many coins through faucet ? It's not easy, if we find an optimal way to distribute hence we will increase the supply.
February 14, 2018, 03:15:52 PM
What's the total number of coins?
I think I read somewhere that it is 666 million. Not sure why the devilish number but easy to remember I guess.
Yes indeed it's 666 millions i guess because it's 5 times the Nano (XRB) supply, and i read they wanted an higher supply.
do you guys think 666 million is enough? I think I remember seeing that the devs want this to be used by everyone, for everything. If you think about how many USD, EUR, GBP, CNY, and JPY, not to mention all the other currencies of the world in in the world (The lastest M2 of USD is 18.5 trillion) the supply should be higher....otherwise the value of each Azulik coin will be very high. Not sure that matters or not unless you want the value in terms of other fiat currencies is reflects a number that is manageable. No one wants to pay for a coffee or taxi using 0.0001247 (or whatever) coins. Maybe this is a bridge to cross in the future. Would love to hear what some of the more seasoned crypto users think.
February 14, 2018, 02:41:39 PM
Yes that's it, 5 times the nano supply.
February 14, 2018, 08:41:02 AM
What's the total number of coins?
I think I read somewhere that it is 666 million. Not sure why the devilish number but easy to remember I guess.
Yes indeed it's 666 millions i guess because it's 5 times the Nano (XRB) supply, and i read they wanted an higher supply.
February 14, 2018, 06:04:45 AM
What's the total number of coins?
I think I read somewhere that it is 666 million. Not sure why the devilish number but easy to remember I guess.
February 14, 2018, 03:17:23 AM
You have two different logos on the first page. You should stick with one.
You are right, it's actually ongoing, we are working on the logo.
February 14, 2018, 03:10:48 AM
You have two different logos on the first page. You should stick with one.
February 14, 2018, 02:17:31 AM
What's the total number of coins?
February 13, 2018, 05:14:16 PM
Is it possible to add XRP (Ripple) to donation list? A lot of people has XRP and transfer is really cheap. And I would like to add that the site preview looks promising
It's not currently planned as XRB is free to transfer as well, however if there is demand we will set it.
Edit: added on the front page: rUSG7uEQ9A4PpWd3TvqWwvEiNjvD18QRpR
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