Topic: [SKY] Skycoin Launch Announcement - page 195. (Read 381579 times)
No mining? What does it mean?
How will people get skycoins? Will we have to buy them from the developers?
15 seconds per block is too fast. Do you take network latency, orphan block into account?
Bravo. It looks very good.
I'd remove the purple bit or at least make the gradient a bit less harsh. It looks kinda jarring and at the same time washed out.
You should probably change "revolutionise" to the american spelling "revolutionize".
Edit: And be careful with the SkyDrive logo+name similarities (http://cis.bentley.edu/sandbox/wp-content/uploads/2012/10/windows-skydrive-logo.jpeg)
I'd remove the purple bit or at least make the gradient a bit less harsh. It looks kinda jarring and at the same time washed out.
You should probably change "revolutionise" to the american spelling "revolutionize".
Edit: And be careful with the SkyDrive logo+name similarities (http://cis.bentley.edu/sandbox/wp-content/uploads/2012/10/windows-skydrive-logo.jpeg)
+1
Hard to get it adopted on commercial markets with BSkyB taking anyone to court who uses "Sky" in the name...
http://www.bbc.co.uk/news/technology-23530337
The features of this coin are amazing. 15 sec transaction time .. just wow.
The only thing that worries a little bit is the 2% inflation. Wouldn't it de-incentivize people to keep money in Skycoins? I certainly do not want my money to lose 2% of value a year. Basically, i would be forced to store the money in other coins. For instance, there is a coin that gives 3.8% interest a year, which gives ~5.8% difference when you combine it with Skycoins inflation.
The only thing that worries a little bit is the 2% inflation. Wouldn't it de-incentivize people to keep money in Skycoins? I certainly do not want my money to lose 2% of value a year. Basically, i would be forced to store the money in other coins. For instance, there is a coin that gives 3.8% interest a year, which gives ~5.8% difference when you combine it with Skycoins inflation.
The inflation is capped at 2% per year. If you do not think a particular project will increase the market cap of Skycoin more than what it cost everyone in inflation, you can vote against it.
If inflation works as intended, each dollar spent through inflation should create multiple dollars of Skycoin market cap for Skycoin holders, by driving the price up. So if used correctly, the inflation will cause deflation, not inflation in the Skycoin price.
The reason we added inflation is because of Bitcoin-qt. The Bitcoin community has billions of dollars but the default wallet is horrible. It is so bad that it is probably the worse piece of software created since 1995. I always wonder "If we have all this money, why cant we bring in a designer? Why is it so poorly designed? Why does it have all these bugs and security problems? Why is it so ugly and difficult to use?".
The Bitcoin community collectively has billions of dollars, but few people spend their own Bitcoin to improve Bitcoin. We needed some mechanism to ensure that improvements to Skycoin are funded.
---
Self Governance:
The inflation is the financial part of a system of governance that allows the community to collectively deploy resources against threats and to pursue opportunities which will increase the value of Skycoin.
If governments begin censoring Bitcoin clients from the internet, the Skycoin community might decide to fund a massive number of open source projects to improve security and decrease the ability of governments to identify and block Bitcoin/Skycoin traffic. They might even fund a darknet or peer to peer mesh network running on software defined radio.
The inflation will ensure that development is well funded and survives the current development team.
---
Voting Protocol Draft:
There is a simple site like kick-starter or reddit where people can post projects. We want wiki functionality and discussion threads for each project. The website backend should be in Golang or Python.
Everyone who wants to vote puts a hash into the unspent outputs for coins they hold. The person who knows the preimage for the hash can claim the vote shares for that output. Vote shares can then be applied towards projects.
There are better ways to do it, but this can be up and running extremely quickly.
Ready to trigger !
LOL. So you can't spend any coins basically
The most interesting non-thread ever. Kind of like trying to figure-out what is really going on in the Lost series. lol
what does reserved mean?
I've been asking myself for about a week now. Could anybody explain that please?
Looks to be old fashioned thread tracking. You know reply in the thread so you can find it later. I could be wrong tho.
Now that would be retarded when there's the watchlist functionality in the forum.
Maybe they just reserve a place close to first page in case they'll have to say something later )
Yep, I was right. Checked with Google, that is exactly what it means. People have nothing to say, but they hope they will one day
simple, you start with one coin, and from that you will earn more by just holding
So everyone just starts with 1 coin? this seems retarded if I have access to 200 desktops and i'm able to run the wallet in the background 24/7 that means I have 200 coins making constant profit? sounds like a big fat FAIL to me. But heh, I'm the noob here apparently.
simple, you start with one coin, and from that you will earn more by just holding
This is an open source project. There is a huge list of bug fixes and things that need to be implemented. Substantial allocation of coins are reserved for developers working on the project...
Do not make the major mistake of premining anything which will doom the project...
You're missing something here, there is NO MINING.
How are they supposed to premine? HOW DO COINS EVEN GET GENERATED WITHOUT MINING?
Nice little pictures and colourful imagery but I would rather you spend less time on the design more on telling the users about the functionality of the coin, main one being how dafuq we supposed to get coins?
I am very curious about this coin, Hope more details coming out soon.
what is website address ?
The features of this coin are amazing. 15 sec transaction time .. just wow.
The only thing that worries a little bit is the 2% inflation. Wouldn't it de-incentivize people to keep money in Skycoins? I certainly do not want my money to lose 2% of value a year. Basically, i would be forced to store the money in other coins. For instance, there is a coin that gives 3.8% interest a year, which gives ~5.8% difference when you combine it with Skycoins inflation.
The only thing that worries a little bit is the 2% inflation. Wouldn't it de-incentivize people to keep money in Skycoins? I certainly do not want my money to lose 2% of value a year. Basically, i would be forced to store the money in other coins. For instance, there is a coin that gives 3.8% interest a year, which gives ~5.8% difference when you combine it with Skycoins inflation.
This is an open source project. There is a huge list of bug fixes and things that need to be implemented. Substantial allocation of coins are reserved for developers working on the project...
So how much is substantial?
sound good，nice name，interested
we have to wait and see !!!!
First website design. Will be on github soon. Bounties for logo improvements and other improvements.
That cloud looks familiar ... another well-known app that starts with "Sky..."
Still pretty nice looking at this point in time. The logo would be worth putting on the 1st page of the thread.
Bravo. It looks very good.
I'd remove the purple bit or at least make the gradient a bit less harsh. It looks kinda jarring and at the same time washed out.
You should probably change "revolutionise" to the american spelling "revolutionize".
Edit: And be careful with the SkyDrive logo+name similarities (http://cis.bentley.edu/sandbox/wp-content/uploads/2012/10/windows-skydrive-logo.jpeg)
I'd remove the purple bit or at least make the gradient a bit less harsh. It looks kinda jarring and at the same time washed out.
You should probably change "revolutionise" to the american spelling "revolutionize".
Edit: And be careful with the SkyDrive logo+name similarities (http://cis.bentley.edu/sandbox/wp-content/uploads/2012/10/windows-skydrive-logo.jpeg)
Jump to: