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Topic: 🌟 [SIL] 611 (SixEleven) ◥◣ FREE ANONYMOUS DOMAIN NAME SYSTEM ◥◣ 🌟 - page 10. (Read 79980 times)

sr. member
Activity: 443
Merit: 251
________UPDATE: 611 (SixEleven) [qt] rc7

611 (SixEleven) release candidate 7 is available for download on GitHub, now:
  • bugfix: clean compilation on current Linux OS
  • security: code cleanup

Download
611 (SixEleven) is available in source and binary download on Github:
https://github.com/611project/sixeleven/releases
There you can download the latest 611-Qt client for Windows, Mac OS X and Linux:

Docker
Try out the latest 611(SixEleven) Docker container - ready to run on your operating system preferred. Check the release notes for usage examples, known bugs and privacy hints.


Security
611 (SixEleven) uses strong SSL encryption, to keep your data secure.

It's awesome using SIL [coins]
Setup your own domains to support for your projects, to make remote access simple, secure and easy. Use SIL [coins] to store and share information anonymously and securely with anyone on the Internet.
Of course you are welcome to trade and invest 611 (SixEleven) [SIL coin].

sr. member
Activity: 443
Merit: 251
we need bittrex (costs 5BTC) or Poloniex (no idea) Sad

poloniex is very hard to reach

i don't know what their requirements before adding new coin

i think they must understand about this one and consider it

Exchanges tend to stay away from coins with large premines due to the obvious dumping by devs - & seeing as this coins premine is not only massive but is also undecleared in the OP - it will always have trouble not only getting listed, but also attracting any serious traders. I thought this coin had some potential as an alternative to NMC when I first came across it, until I read this:

Hey, looking through the block explorer, I noticed something that doesn't sit right with me.

The initial instamined blocks were all worth 611 coins, a thousand times more valuable than the 0.611 block reward currently running. This was then reduced to 61.1 coins per block reward, and then presumably further by multiples of 0.1. This is not disclosed anywhere in the original post. In fact, none of the block structure is disclosed in the original post.

From downloading the wallet upon first seeing the original post, I know about 8000 blocks had been mined before public release. This wouldn't be so excessive if the block reward had been 0.611 coins the whole time-- basically this would have resulted in a premine of about 4888 SIL out of 611,000 total eventual supply, which is reasonable at 0.8%.

However, this is the actual mining reward structure:

Block 1-287: 611 coins per block NOT DISCLOSED IN OP
Block 288-2879: 61.1 coins per block NOT DISCLOSED IN OP
Block 2880: 0.611 coins per block, smoothly decaying
[...]

Exchanges read these coin threads & do some research on the coin to ensure it is worth their while listing it. Unfortunately, due to the premine & the attempts to hide it, this coin will always struggle to be adopted. Shame really, because the original idea is good.

Reputable exchanges won't list premined coins.

Please stay with the facts:
https://bitcointalksearch.org/topic/m.19514064

Listing on Polo or Bittrex requires significant trade volume. That's why 611 (SixEleven) is not listed on these two exchanges, yet.

hero member
Activity: 1438
Merit: 574
Always ask questions. #StandWithHongKong
we need bittrex (costs 5BTC) or Poloniex (no idea) Sad

poloniex is very hard to reach

i don't know what their requirements before adding new coin

i think they must understand about this one and consider it

Exchanges tend to stay away from coins with large premines due to the obvious dumping by devs - & seeing as this coins premine is not only massive but is also undecleared in the OP - it will always have trouble not only getting listed, but also attracting any serious traders. I thought this coin had some potential as an alternative to NMC when I first came across it, until I read this:

Hey, looking through the block explorer, I noticed something that doesn't sit right with me.

The initial instamined blocks were all worth 611 coins, a thousand times more valuable than the 0.611 block reward currently running. This was then reduced to 61.1 coins per block reward, and then presumably further by multiples of 0.1. This is not disclosed anywhere in the original post. In fact, none of the block structure is disclosed in the original post.

From downloading the wallet upon first seeing the original post, I know about 8000 blocks had been mined before public release. This wouldn't be so excessive if the block reward had been 0.611 coins the whole time-- basically this would have resulted in a premine of about 4888 SIL out of 611,000 total eventual supply, which is reasonable at 0.8%.

However, this is the actual mining reward structure:

Block 1-287: 611 coins per block NOT DISCLOSED IN OP
Block 288-2879: 61.1 coins per block NOT DISCLOSED IN OP
Block 2880: 0.611 coins per block, smoothly decaying

This means that 333,728.2 SIL, or a whopping 54.62% of the total eventual supply, was instamined by the 611 developer.

It appears this fact was deliberately hidden with the late release of a block explorer and the use of the low-information Abe block explorer.

Add to this the notion that the developer has been encouraging other miners to set a price for their mined SIL at approximately $60 USD means the developer is attempting to value his premine at upwards of $20,000,000 USD.

PatrickMacH, if you don't take steps to disclose your premine fully and burn most or all the coins you did not disclose that you mined at a higher block reward, this initiative is no longer worth miners' support.

I'm looking forward to your response.

Exchanges read these coin threads & do some research on the coin to ensure it is worth their while listing it. Unfortunately, due to the premine & the attempts to hide it, this coin will always struggle to be adopted. Shame really, because the original idea is good.

Reputable exchanges won't list premined coins.
hero member
Activity: 756
Merit: 500
Looks like the price is starting to go up gradually as people buy back in. What's has caused the previous sudden spikes is the coin being listed on a new exchange. Can we get listed on some of the larger exchanges for example Bittrex and Poloniex?
sr. member
Activity: 443
Merit: 251
Hopefully we get some volume and upwards price movement soon. The BTC price rise has been brutal on sixeleven.

Given the enormous price rise of BTC it's awesome that the 0.00002 support 611 / BTC support on the lower bound is still intact.

We need to improve the trade volume to get more price movement into the market.

Therefore we need more (social) media support. Twitter / Facebook / Instagram your 611 (SixEleven) experience using the hashtag #611 and share your posts.

611 (SixEleven) is an elite community, maybe others like to join using the included services of the 611 (SixEleven) wallet if they get to know what's special about it.

The 611 (SixEleven) project is still maintained Smiley

Currently I'm working on a PaperWallet based on the awesome work of CantonBecker.

I need help from a graphic designer to create forgery-proof paper sheets (front and backside) of the paperwallet print out for 611 (SixEleven).
Should look like i.e.:
... but more 611 (SixEleven) style golden

If a graphic designer is reading this message and can help -> please drop me a line and/or join this thread.

Moreover we got a donation to setup a website for 611project ... so more work is ahead Grin
hero member
Activity: 756
Merit: 500
Hopefully we get some volume and upwards price movement soon. The BTC price rise has been brutal on sixeleven.
sr. member
Activity: 443
Merit: 251
sr. member
Activity: 443
Merit: 251
Hey guys,

611 (SixEleven) [coin] source code on GitHub has been updated to release candidate 7.

Release candidate 7 is mainly a code cleanup allowing to compile the source code smoothly on up-to-date Linux distributions. Smiley

Do you need binaries for latest Debian and Ubuntu or do you prefer to compile the 611d (console) wallet yourself?

newbie
Activity: 8
Merit: 0
on c-cex 611 is marked for delisting!!!

I tried to withdraw my coins but their wallet somehow screwed up and transaction didn't go through. I have lodged a support ticket.


Sorry for the naivety but I got some SIL on Crytopia and wondered what to do with them now. Is there a secure off line wallet available or can they be put in my ledger ? Any advice appreciated.
sr. member
Activity: 443
Merit: 251
Also don't blame me for the btc/usd crash. No way in hell that was anything to do with me lol
Yeah Cheesy

I guess someone has (ex)changed a lot of BCH into BTC and sold these BTC in a rush for $$.

General (off topic) question: Do you hold local wallet(s) and have you already claimed Bitcoin Cash from your Bitcoin Core wallet(s)?
hero member
Activity: 756
Merit: 500
looks like they have. It's not on the list for de-list now lol *phew*

I still have most of my coins. I only sold about 1k

Also don't blame me for the btc/usd crash. No way in hell that was anything to do with me lol
sr. member
Activity: 443
Merit: 251
I put my sell much higher up. Honestly I thought 611 coin was on an upwards trend before c-cex pulled their delisting crap.

It seems to me that daily 611/BTC trading volumes are going up on C-CEX since 611 coin is marked for delisting. Maybe delisting is some kind of wake-up call to all traders: come-on trade this coin!

Looking at the C-CEX: overall trade volume list (30 days) 611 coin is listed in the upper third, so it's definitely trading well for a niche coin.

C-CEX offers a stable exchange with good service.
Hopefully they revise their decision to delist the 611 trade pairs.
sr. member
Activity: 443
Merit: 251
I put my sell much higher up. Honestly I thought 611 coin was on an upwards trend before c-cex pulled their delisting crap.



Looking at the todays BTC/USD chart (crash) I'm wondering: How many 611s and BTCs did you sold to pay off your credit card?

Do you think a large exchange which did not credit BCH to their customers may have sold off their BCH/BTC profits?
hero member
Activity: 756
Merit: 500
I put my sell much higher up. Honestly I thought 611 coin was on an upwards trend before c-cex pulled their delisting crap.
sr. member
Activity: 443
Merit: 251
They also keep your coins too which is very concerning. I have got them all out now and unfortunately I need to sell some of my stash to pay off a credit card. I was hoping to hold until $1-2 but alas life never goes as planned.

Yep, life is never a straight line.
But like with driving it's the curves making life so much more interesting.

So don't worry. I'm sure you can buy in back later again if you like Smiley
hero member
Activity: 756
Merit: 500
They also keep your coins too which is very concerning. I have got them all out now and unfortunately I need to sell some of my stash to pay off a credit card. I was hoping to hold until $1-2 but alas life never goes as planned.
sr. member
Activity: 443
Merit: 251

Where did you catch 12 BTC?

Quote
Hello! We need 0.4 BTC daily average volume in order to keep coin on exchange. Or 12 BTC for 30 days. In case coin will not meet this requirement by the delisting date - it will be removed. We recommend withdraw or sell it before delisting date. Withdrawals of coins in removal list will not be possible after delisting date. Have a good day! Let us know if there is anything else we can help you with. Thanks!


Well that's a breach of trust C-CEX if you claim to remove coins trading less than 0.2 BTC daily average but do remove coins trading less than 0.4 BTC or 12 BTC for 30 days.

Given the price increase of the trade pair BTC/USD of the last 12 moths this means that C-CEX will loose many stable altcoins trading on low volume. What a pity ... Undecided
hero member
Activity: 756
Merit: 500

Where did you catch 12 BTC?

Quote
Hello! We need 0.4 BTC daily average volume in order to keep coin on exchange. Or 12 BTC for 30 days. In case coin will not meet this requirement by the delisting date - it will be removed. We recommend withdraw or sell it before delisting date. Withdrawals of coins in removal list will not be possible after delisting date. Have a good day! Let us know if there is anything else we can help you with. Thanks!
newbie
Activity: 39
Merit: 0
How do I get free coins? What about mining? Did not see the relevant air drop information
sr. member
Activity: 443
Merit: 251
I got mine all withdrawn!

They want 12 btc a month trade volume! That's a lot for the current price!

that's weird math:
Quote
06.09.2017
The following coins will be removed from exchange if their average daily trading volume for last 30 days will not exceed 0.2 BTC. It will not be possible to retrieve these coins after the removal date.
30x 0.2 BTC = 6 BTC

Where did you catch 12 BTC?
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