Hi,
This is my first post here. I came across this project while trying to find alternatives to Raiblocks, rebranded as Nano. I'm interested in a coin that provides all the features of Nano, while also being a private coin. My main interest in both Nano and a private version are for actual real world use. Of course if value increases, its a nice bonus. My point being there are many coins to invest in if turning a profit is what one is after. I'm looking for real currency. A feeless, virtually instant transfer coin that can handle higher transactions is at this point the bar, and privacy is required as there are too many scammers looking to profile people and capitalize on that knowledge.
You have a vast choice, quite a few coins supposedly looking to make a Nano clone with privacy, eg. Stone, Manta, Paper, Azurlik and quite a few more. Not sure which will come through but I hope at least one does happen. I'm invested in a few but I know the risks and that I am likely to be scammed at least once and maybe every single one will be a scam but that is a risk I have reluctantly undertaken.
I'm hoping some members of this community or Felix himself could answer some basic questions I have.
On the first page I read:
30% donators (ending shortly - exact date yet to be announced)
32.5% Airdrop to BTC holders
22.5% Airdrop to existing XRB holders.
10% Givaway (Thread Posters/Twitter Enhancers)
5% Development fund
How does the airdrop for xrb holders work? Is it simply that since we purchased xrb, you will send free coins or are we supposed to trade xrb for stone?
I think you show your Nano address, the amount of coins is checked and a proportional amount of Stone gets allocated to you based on that. I think this is currently a low priority for the developer since a working coin is what is critical here. I've never heard of trading coins for an airdrop so I do not think hat will happen.
As far as donations, I also read the price per coin is 0.0000007 btc, which works out at the moment to be .01 usd a coin. Is it correct to think whatever amount is donated will be based on the current market value?
Will this coin simply be for transactions or was a decision made to have other features added?
I think value is simply the amount currently invested but this will grow once all coins are distributed and trading starts happening. In the current market, it is going to be tough but I think we will see a fair bit of growth.
At the moment, I think the focus is for this coin to be a secure fast currency and anything else is not being focused on. In the future, maybe someone will want to expand the code but for now, lets just get the basic coin working.
I read here that the name stone is already in use. I didn't see it on coinmarketcap. Could someone post link to the other coin?
There are a number of links on this thread to the other coin just a few pages back. I suggest you read through the entire thread since most of the answers you seek will be in the thread.
I think the name stone is great. "How much is this book"..."That will be 4 stones"
Stone private.
Every transaction comes with a clean slate.
Stone.
The bedrock of currency.
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It is a great name but if it is taken, it is taken. We need to find something else. Ultimately, that is up to the dev.