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Topic: [PRE-ANN][HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 56. (Read 140040 times)

legendary
Activity: 1876
Merit: 1014
Impresses by the valid comments of Keccak. Getting excited about this!

Why are these things always kinda anonymous? Why don't you guys introduce yourselves to the community? Putting a face behind a coin would be nice for a change (and not MAX...). Smiley
member
Activity: 63
Merit: 10
Bitcoin Transaction ID: 534640b2c766fd52ad43fa2f8c9c8c46228e6c074ad2d84b74ef032e8eb9cc27
Amount sent: 9.3 BTC
Bitcoin Transaction ID: 8345a635ef63ca7cb0c5d8ea13faa70d5307e7ea405cebfe068289f637e5d595
Amount sent: 0.8619 BTC
sorry for many Transaction  but i like your project

Thanks for your investment. We will PM you later today with further info.
full member
Activity: 210
Merit: 100
Block Explorer ready and awaiting wallet launch. http://heavychain.info

Will be operational just after wallet launch. Features regarding block reward voting will be added not long after.  Smiley

It's running a modified version of the maxchain.info code.

Good name!  Any chance we can get a logo with Mr T pointing at the heavychain? Wink

Important: Heavycoin has a different block header structure and hash function, so your block explorer probably won't work without being updated.  Please PM me, so we can go over the details.  thanks!
full member
Activity: 210
Merit: 100
hi keccak,

Nice to see more and more ppl are attending on IPO,

Thanks for your feedback.

We are really happy to see the distribution improving and also lots of different stakeholders!  Also, we are grateful to all the Heavycoin supporters who are showing up.  This is a really good start to the community we hoped for.

I have another question (hope not asking too much Smiley)
Did you have plan or did you contact any exchange site to add HVC currently as MAX did, there' lot of big exchange site promise to add MAX even before it's released.
Will that happen with HVC? Can we have plan to use the IPO fund to promote HVC o exchange before launch?

We made a post about "getting onto an exchange" a while ago: https://bitcointalksearch.org/topic/m.5315285
The IPO capital is being used to recoup some of our development costs.  However, the some of the bounties capital is intended to help HVC get on to exchanges.

From one perspective getting HVC traded on exchange is highly important part of the Heavycoin ecosystem.  On the other hand, we do not want heavycoin senselessly dumped as some users fear.  This is not an exhaustive list, but we have heard a few posts on this matter.

you MUST be listed
on a few exchanges right at the launch.
That is really, truly horrible advice. Considering the relative size of the IPO, an exchange presence at launch would likely kill the coin within 24 hours.

and

i thinking about investing in this coin, but not sure is worth it... there some whales bought big stakes of coins, and there is could be price destroyed in the markets because of these early adaptors (IPO's) especially if that coin not hits bigger exchanges..could start dumping marathon and still win. too big supply in beginning..
that investor who put in HVC 20BTC just imagine is gets something like 2M HVC..

also

DEVS,
I've been involved in a lot of failed coin launches and a few successful ones.
If you want your business model and coin to succeed, you MUST be listed
on a few exchanges right at the launch.

1)Any coin needs to do this to work. No one mines or buys/sells if not a few good exchanges.

Again, from one perspective, getting HVC traded on exchange is highly important part of the Heavycoin ecosystem.  On the other hand, we do not want heavycoin senselessly dumped, as some users fear.  That being said, our view is that the Heavycoin IPO has helped set a price for HVC ahead of being listed on an exchange.  The rational being that IPO investors would not be willing to sell their HVC holding at a lower price.

Thus, at the moment, being listed on an exchange is something we are highly certain will happen relatively soon, but whether it is negotiated before or after the launch really boils down to how much we are able to get done before the launch.  Our first priority right now is to have a successful launch.

In our earlier post we suggested that exchanges do well to listen to their users, so to help things move swiftly (and to give exchanges an idea of how many people are interested in trading HVC), we call on the community to inquire with their favorite exchanges about Heavycoin!

Meanwhile, on our end, we we thought that poloniex.com looks like a good match for Heavycoin (at this early stage) because they seem to favor innovative coins.  From their FAQ

About the IPO premine, i have an idea that can be use to prevent IPO stake holder to dump it as soon as exchange coming up.
Could we prevent the stake holder to send out the coin before xxx blocks? For example: 100.000 block, or before 1 weeks, 1 months or some thing similar

What do ya think?

We will not do this.  It would have had to been done from the start and included in the terms of the IPO.  It would be unfair to change it now, so we will not be doing this.
hero member
Activity: 784
Merit: 500
TxID: cbbd17a6e79d744847a0fe8466185c3af0edc0712deedadc162bf8ef7b223e5e
Amount sent: 1.00572 BTC
 
sr. member
Activity: 364
Merit: 250
Bitcoin Transaction ID: 534640b2c766fd52ad43fa2f8c9c8c46228e6c074ad2d84b74ef032e8eb9cc27
Amount sent: 9.3 BTC
Bitcoin Transaction ID: 8345a635ef63ca7cb0c5d8ea13faa70d5307e7ea405cebfe068289f637e5d595
Amount sent: 0.8619 BTC
sorry for many Transaction  but i like your project
newbie
Activity: 13
Merit: 0
Heavycoin Public Key:
04477bd65703279a8437d2c211a516bd6dbc6e84292dcbaef055a13d0919a4a7e25821f763e5fd2 c562bf28ad98ef1b1b923d99453d6d4bee6c6936f630266fe36

Bitcoin Transaction ID:
0716cc598c420668136fc78c9b50e0167542570fba95e69e7369d51c0bf9817e

Amount sent:
0.1025 BTC

Cheers Smiley

Everything okay, keccak?
newbie
Activity: 17
Merit: 0
771ffdd4c73e81facdd71bd4a1538714551ab233fe7a565a57a0702ed755b205
send:0.1btc
full member
Activity: 121
Merit: 100
Block Explorer ready and awaiting wallet launch. http://heavychain.info

Will be operational just after wallet launch. Features regarding block reward voting will be added not long after.  Smiley

It's running a modified version of the maxchain.info code.
sr. member
Activity: 1106
Merit: 255
Betking.io - Best Bitcoin Casino
you MUST be listed
on a few exchanges right at the launch.
That is really, truly horrible advice. Considering the relative size of the IPO, an exchange presence at launch would likely kill the coin within 24 hours.
member
Activity: 98
Merit: 10
DEVS,
I've been involved in a lot of failed coin launches and a few successful ones.
If you want your business model and coin to succeed, you MUST be listed
on a few exchanges right at the launch.

1)Any coin needs to do this to work. No one mines or buys/sells if not a few good exchanges.

Now some small exchanges you can get on, or bribe your way on, or pay .25 bitcoin to get on it.
But the larger ones you will need to get a good relationship going with them AND have this coin
not be a scam coin.
I hope you are working on this and post exchanges soon, as well as a few more pools (for legitamacy and
failsafe launch).
Good luck and keep us posted on everything new as it happens.
Thanks


coinmarket.io  Cryptorush, Mintpal. Coins-E.
heavycoin need to be on these so people can exchange the coins


also we need pools at launch time!
sr. member
Activity: 349
Merit: 250
hi keccak,

Nice to see more and more ppl are attending on IPO, I have another question (hope not asking too much Smiley)
Did you have plan or did you contact any exchange site to add HVC currently as MAX did, there' lot of big exchange site promise to add MAX even before it's released.
Will that happen with HVC? Can we have plan to use the IPO fund to promote HVC o exchange before launch?

About the IPO premine, i have an idea that can be use to prevent IPO stake holder to dump it as soon as exchange coming up.
Could we prevent the stake holder to send out the coin before xxx blocks? For example: 100.000 block, or before 1 weeks, 1 months or some thing similar

What do ya think?

I think keccak was pretty clear that he did not want to change the terms of the IPO in order to be fair to those who already invested.

I do hope we can get an exchange on board before launch!
hero member
Activity: 781
Merit: 501
hi keccak,

Nice to see more and more ppl are attending on IPO, I have another question (hope not asking too much Smiley)
Did you have plan or did you contact any exchange site to add HVC currently as MAX did, there' lot of big exchange site promise to add MAX even before it's released.
Will that happen with HVC? Can we have plan to use the IPO fund to promote HVC o exchange before launch?

About the IPO premine, i have an idea that can be use to prevent IPO stake holder to dump it as soon as exchange coming up.
Could we prevent the stake holder to send out the coin before xxx blocks? For example: 100.000 block, or before 1 weeks, 1 months or some thing similar

What do ya think?
full member
Activity: 210
Merit: 100
Heavycoin Public Key: 19VzBYvffPj4JcJM6ieNBXLEY9dJBQ2oXa
Bitcoin Transaction ID: #07ddf6a0c7a594a887379d38a04595a96d824dbf2f32dc14128412ea8d418d7d
Amount sent: 0.2 BTC

Sent you a PM.  That's not a Heavycoin Public Key, so we need to sort it out.
full member
Activity: 210
Merit: 100
tx 1434bec693ddac770f139fe470d227d20ce5dd5c248181cf82ff0af98b2e0841
sent 0.057


cheers


confirmed.  thanks!  We'll send you a PM shortly.
full member
Activity: 210
Merit: 100
Send : 0,04 BTC
ID:1413949338509ff2bd572419d9aa2386bb51ce32272e281acb67f140f144780d

Thanks

confirmed.  thanks.
full member
Activity: 210
Merit: 100
TX ID: c47c39c0a235aaffd7d88b88843632bdc94e37b8b9436ce485145b5918428edd
Sent : 0.2BTC

Confirmed.  We will PM your investment details to you in a minute.
sr. member
Activity: 420
Merit: 250
Bayern
I kind of have a feeling that this won't even ROI well for IPO investors  Undecided
legendary
Activity: 1876
Merit: 1014
newbie
Activity: 15
Merit: 0
So does the voting system serve any other purpose than just a gimmick? Seems like the voting is just going to go one way according to the whims of the botnet and/or the select few that own giant cluster farms. I imagine that the vote is going to reach a point where it's an obvious run away. And depending on whether or not the few that control the majority of the hashing power invested in the IPO will decide the outcome of the vote.

The majority of the hash power did invest in the IPO = vote less so that their original investment is worth more

The majority of the hash power did not invest in the IPO = vote for more so that their mining is worth more.

Don't really see it as a useful feature but rather just a gimmick to add to perceived value of the product.

And what exactly is the point on an IPO? The coin has already been made and I doubt the developers have already quit their full time jobs to support full time development. The lack of the escrow service lends heavily to the image that the IPO is nothing more than a quick cash out.

 In addition what is with the misleading percentage of premined numbers? The premined amount of coins is 5%-10%. NOT a more acceptable 1%-2%.
Pre: before, something that precedes.
Mine: the public service of miners hashing away at solving blocks.
Premine: the coins before public mining, i.e. The IPO and bounty coins.

You don't get the liberty of defining the IPO coins as not inclusive to the premined amount. That is deliberately misleading and that is not an oversight. This was intentional to give an acceptable publicly perceived premined percentage number to bolster the value of the product.

The IPO combined with the voting system only lends itself to manipulation. Not something a new coin that is trying to get established needs.
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