Topic: [SDC] ShadowCash | Welcome to the UMBRA - page 465. (Read 1289714 times)

I would not buy one Shadow anymore.

This coin just acts like all the others.

First stage - Hardworking Devs on a coin, developing stuff ...
Second stage - to get the coin going it needs one big feature that dwarfs everything, to attract each and every idiot in the market (-> Zero Knowledge Transactions)
Third - Delays, Some things turn out to be not true, developers will communicate less and less
Fourth -  Price declines massively - Dead Coin.

It happened with almost every coin, it will happen with this one too.

You can believe in this coin all you want - in the end you will be sitting in front of your desk devastated because you didn't get the news of the delay

YeahYeah BlaBlaBla - you believe in this Coin - Why?
Does it have nice Pictures? Yes
Did developers bring forward new features? Yes
Do they have a closed source on the ZK tech? Yes

Guess what... up to 6 Coins did the same thing before - exactly the same stuff - but you are here thinking this is the one.


Sell - go home - Trade on wallstreet, not on this playground for children.

selling? You should forget this word here, Sdc is the best investment in crypto. It's obviously.
I can trade and sell another coins to increase my investments and investments of my partners in SDC, and only Shadows i'm constantly buying.

No one is selling, atleast I wouldn't xD

Not at this stage

Pretty much this.

The answer to your question:

So here is a question I've been curious about for a long time.

I've seen what feels like hundreds of people now,  show up here and in IRC,  say hopeful things about the project and also say that they are ready to buy and will soon as ZK is out mainnet after SDC has essentially fully proven itself.

I feel like I have literally seen this sentiment well over a hundred times (likely way more).   So my question is what the hell are these people going to do when ZK launches?  They do realize there is only 6.5M coins?   And that as it would seem the vast majority of them seem to be in very strong hands.      So what is going to happen?  If you look at the order books there is no supply.   I'm sure if we blast through 30k and get up to 50k-70k etc   Some people will ROI, or eventually sell off,  However I feel the buyers demands will vastly, Vastly outweigh the sellers even at prices several times higher than now.

So my question is, is almost everyone going to miss the boat?   There have been plenty of chances to get >20k SD, and even more chances to grab it between 20-30k. 

Are most of them going to miss the boat entirely?  And be forced to kick themselves in the as forever like I do about my BTC stash before it went above $5.00 ^.^

I'm just generally curious what you think is going to happen.

CORRECTION: The github statement of mine was my assumption. I just went on irc to confirm with members of the Team whether this is in fact correct or not.

The reply I got was that "no final decision's been made on that yet".

Sorry I spoke out of turn.

Having said that I have little doubt ShadowSend v2 will be open-sourced in the fullness of time.

Lucy, Shadowcash won't be opensourced near time.
This will avoid the appearance of clones. Because we all know that SDC techs are superior

Thank you very much! I am happy to hear this (especially the GitHub part)

Once zk releases on mainnet (open source) I see some generous tips in the future for the dev team.

You guys are great!

WE ARE.....

@ LucyLovesCrypto

Testnet has finished. Waiting for imminent release of whitpaper and new ZK wallets, which will be on github. The Dev (Ryno) can often be found in irc and is always helpful.

This ain't Cloak, it's Shadow  

I agree the tech so far has been great. I also agree with you that no hard deadlines is more healthy for the coin.

My only concern is your comments about not going open source until "hopefully not too long after we will see open release" because it sounds a lot like CLOAK told people about PoSa.

I also am 99.99% that CloakTalk forms were started by the same person that started ShadowTalk forums. That is okay, because this person is knowledgeable and seems to have the best interests of SDC at heart. I just with the marketing team would be more transparent about their involvement in prior projects. Some of us like what we see but still have concerns about open source of zk project and flashbacks to promises regarding PoSA and One Market.

It would also be nice if the dev would pop in and give us more information about how the testnet is going. IRC is not always helpful in providing these details and not everyone can camp there out all day hoping to learn something when it could be revealed here, Reddit, or ShadowTalk much easier.

Thanks again!

Let me google that for you makes me laugh every-time

1. The marketing team is not the same as it was for CLOAK. Shadow have actually marketed the coin vastly different to the approach CLOAK took which was based on deadlines and a lot of hype. Shadow has survived all these months by letting the features they developed do the talking. In particular, ShadowChat encrypted chat, HTML5 PoS Lite wallet, stealth addresses and soon true anon in the form of zk transactions.

2. I'm not sure if the code will become open source straight away. The devs have put hundreds of coding hours into producing their zk implementation, if it was open straight away the tech will be copied into other coins pretty fast as happened with rynos stealth addresses. The code will likely be audited by someone reputable whilst closed, hopefully not too long after we will see open release. This seems a fair approach.

I love the mobile wallet (released) and stealth addresses (released and open source) but have several questions:

1. All the marketing efforts seem similar to CLOAK (Cloaktalk vs. Shadowtalk, One Market vs Shadow Bay, similar websites and writing styles for press releases, etc). Is the marketing team for SDC the same as it was for CLOAK? (I know the dev team including Ryno and technovert is different).

2. While the current stealth address tech is open source (thanks!) the ZK release in beta is not. Is there a reason for this? It seems to me that by putting the beta code in GitHub, progress could be made faster and any potential problems before public release would be more likely to be found. While a whitepaper is great, the community needs to see actual (zero knowledge) code to make sure it works as designed and is safe.

Thanks in advance!

Bye bye trolls.

Now look at the order book....   Supply is drying up.  Only one way to go!

Yes, I know. Thanks for link to repairwallet command, that fixed it. Really appreciated, thanks man! (even though the LMGTFY wasn't neccessary, hehe)

Also thanks everybody who threw in their advice – great support :]

I think your best option is to backup the wallet.dat first, and then remove everything EXCEPT the wallet.dat from %appdata%/roaming/shadowcoin. Just a normal resync.

Freight Train coming through