cashuki:
So how much is a Goshen coin now

Starting price is $0.10

scozky:
Quick question.
1. Where's the source code for this coin? Is it on GitHub?
2. Why the premine exactly? To further develop the coin? If the coin is good enough, it doesn't need a premine for it to be developed further. And Incase you guys don't know what premine is, here's a quick definition:
Premine: When some or all of a coin’s initial supply is generated automatically by the developer at, or prior to, the public launch, rather than being generated over time through a form of mining, this is called a ‘pre-mine’ or ‘premine’. Pre-mines can be used for legitimate purposes: for example to crowdfund development through an ICO, or to put into a fund for the continued development and promotion of a coin. They can also be dumped onto the market, for a quick and easy profit, by a developer who then abandons the coin and disappears in a kind of exit scam. If it's the former, then your coin should definitely be open source

3. What's your coin based on? What new features does it bring to the table? Does it improve on bitcoin's basic model?

This are just a few of the questions I have for you. Answer this round first before I ask the second round of questions. Thanks

I can see you're quite knowledgeable about crypto

1. Source code on github will be up today.

2. As stated in the profile of the coin, premine was to cover for development fees, for bounty, our social work, and for ICO.
To further develop the coin. The premine was to cover development cost, and not to further develop the coin. We have a team of developers who are in charge of maintaining the coin and this work is voluntary. You will agree with me that bitcoin and some altcoins have a community of develpers maintaining them.
Thanks for your definition of premine, you also premine when the coin is being developed caused by then you are running the server only, and you need to have it offline a number of times to add or remove features as the case may be.
You should also know that to confirm any transaction on the blockchain, you need as least 2 wallets (miners) and that is what we are running now. However mining is open as the wallets for Linux, Mac and Windows will be made available today. Also on github

3. The coin algo is Scrypt.
The unique selling point of this coin is that it has salient features of a particular Asset Class built into it. It also means that it can be tendered as security for a loan. It is a digital asset. That's the much I can reveal about it for now.
It takes some shortcomings of bitcoin and improves on it, like the block time, which is 60 seconds as against 600 seconds for bitcoin. It also uses Scrypt algo as against SHA256 used by bitcoin, which is much more energy efficient, and good for our environment and planet

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my address, oya send my goshencoins

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My address, send my goshcoins-GQMqxhXo7C9dBjuwWN5gij4mKLmwUSmeCV

Here is my own address too
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GQMqxhXo7C9dBjuwWN5gij4mKLmwUSmeCV. Send my own

Samojo4real:
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my address, oya send my goshencoins

Sent

omobadmus:
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Sent

omobadmus:
GQMqxhXo7C9dBjuwWN5gij4mKLmwUSmeCV. Send my own

I've sent it already

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MrEnigma007:
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Sent

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Please send mine too.
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genny2kuk:
Sign up for free and get 10GXP Free. Offer open for first 100 sign ups. After you sign up, click on "Get a new address" copy and paste it here, and I will send 10GXP to you.

http://www.goshencoin.org

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Please send mine. Thanks

genny2kuk:
Sign up for free and get 10GXP Free. Offer open for first 100 sign ups. After you sign up, click on "Get a new address" copy and paste it here, and I will send 10GXP to you.

http://www.goshencoin.org

Please keep your promise. Here is my address: GdeVtCkevqqJM7NZee3KKFZ7DtfRc3Z25K

genny2kuk:


I can see you're quite knowledgeable about crypto

1. Source code on github will be up today.

2. As stated in the profile of the coin, premine was to cover for development fees, for bounty, our social work, and for ICO.
To further develop the coin. The premine was to cover development cost, and not to further develop the coin. We have a team of developers who are in charge of maintaining the coin and this work is voluntary. You will agree with me that bitcoin and some altcoins have a community of develpers maintaining them.
Thanks for your definition of premine, you also premine when the coin is being developed caused by then you are running the server only, and you need to have it offline a number of times to add or remove features as the case may be.
You should also know that to confirm any transaction on the blockchain, you need as least 2 wallets (miners) and that is what we are running now. However mining is open as the wallets for Linux, Mac and Windows will be made available today. Also on github

3. The coin algo is Scrypt.
The unique selling point of this coin is that it has salient features of a particular Asset Class built into it. It also means that it can be tendered as security for a loan. It is a digital asset. That's the much I can reveal about it for now.
It takes some shortcomings of bitcoin and improves on it, like the block time, which is 60 seconds as against 600 seconds for bitcoin. It also uses Scrypt algo as against SHA256 used by bitcoin, which is much more energy efficient, and good for our environment and planet

Thanks for the response. I'd like you to post the source code when it's available today.

On point 3, I do not see how SCRYPT is an improvement to bitcoin's basic model. SCRYPT has been in use since the days of litecoin. Even before litecoin SCRYPT was being used. So I do not see how that's a new feature you're adding to your coin. The differences between SHA-256 and Scrypt mining really comes down to preference. As you know, Scrypt coins are not exactly ASIC-proof, and there is no single consensus out there when it comes to whether or not a cryptocurrency can be truly resilient against ASICs over the long term.
Also, you talk about block time being 60 seconds and thereby an improvement to bitcoin. A lot of people do not like the fact that bitcoin's block time is ten minutes. But I do not see how that is an issue. Block time is not a measure of how good a coin is in the future. Litecoin blocks take 2.5 minutes to complete, ripple just 3.5 seconds. Monero's block time was 60 seconds when launched but increased to 120 seconds because there really wasn't any reason for reducing block time. To me the issue if block time as a measure of a good coin is invalid.

Do not get me wrong. I appreciate that a Nigerian is at least trying to do something in the cryptocurrency space. But this project is missing a lot of crucial details which in my opinion are red flags.

You should be able to tell people exactly what they're investing in. Does this coin have its own blockchain? Is it built on some other cryptocurrency's blockchain. You seem to talk about it being a digital asset. Seems like what an ETHEREUM based token would do, but since I do not have the source code, I can't say for sure. Please tell people exactly what they're investing in. So, they know. Thanks

finest82:
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send my own now o

Sent

scozky:

Thanks for the response. I'd like you to post the source code when it's available today.

On point 3, I do not see how SCRYPT is an improvement to bitcoin's basic model. SCRYPT has been in use since the days of litecoin. Even before litecoin SCRYPT was being used. So I do not see how that's a new feature you're adding to your coin. The differences between SHA-256 and Scrypt mining really comes down to preference. As you know, Scrypt coins are not exactly ASIC-proof, and there is no single consensus out there when it comes to whether or not a cryptocurrency can be truly resilient against ASICs over the long term.
Also, you talk about block time being 60 seconds and thereby an improvement to bitcoin. A lot of people do not like the fact that bitcoin's block time is ten minutes. But I do not see how that is an issue. Block time is not a measure of how good a coin is in the future. Litecoin blocks take 2.5 minutes to complete, ripple just 3.5 seconds. Monero's block time was 60 seconds when launched but increased to 120 seconds because there really wasn't any reason for reducing block time. To me the issue if block time as a measure of a good coin is invalid.

Do not get me wrong. I appreciate that a Nigerian is at least trying to do something in the cryptocurrency space. But this project is missing a lot of crucial details which in my opinion are red flags.

You should be able to tell people exactly what they're investing in. Does this coin have its own blockchain? Is it built on some other cryptocurrency's blockchain. You seem to talk about it being a digital asset. Seems like what an ETHEREUM based token would do, but since I do not have the source code, I can't say for sure. Please tell people exactly what they're investing in. So, they know. Thanks

I have not yet asked anyone to invest. I simply asked them to sign up for free 10GXP free

We have our own blockchain

Divine17:
Please send mine too.

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Sent

genny2kuk:

Sent

Thanks, so what next?

enm:


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Sent

phabulousangel:
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Please send mine. Thanks

Sent

Cooleasy:

Please keep your promise. Here is my address: GdeVtCkevqqJM7NZee3KKFZ7DtfRc3Z25K

Sent

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mznaic:
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Sent

scozky:
Quick question.
1. Where's the source code for this coin? Is it on GitHub?
2. Why the premine exactly? To further develop the coin? If the coin is good enough, it doesn't need a premine for it to be developed further. And Incase you guys don't know what premine is, here's a quick definition:
Premine: When some or all of a coin’s initial supply is generated automatically by the developer at, or prior to, the public launch, rather than being generated over time through a form of mining, this is called a ‘pre-mine’ or ‘premine’. Pre-mines can be used for legitimate purposes: for example to crowdfund development through an ICO, or to put into a fund for the continued development and promotion of a coin. They can also be dumped onto the market, for a quick and easy profit, by a developer who then abandons the coin and disappears in a kind of exit scam. If it's the former, then your coin should definitely be open source

3. What's your coin based on? What new features does it bring to the table? Does it improve on bitcoin's basic model?

This are just a few of the questions I have for you. Answer this round first before I ask the second round of questions. Thanks

yea, u are right not just creating coin that is matter , whats the value is it bringing to the table, the good coins supposed to work on weakness of those prevoius coins not just to add to the lists.tell us the value your coin possess.

Divine17:


Thanks, so what next?

you can have friends sign up and transfer to them. The P2P exchange for buying and selling it. Also for converting GXP to BTC and vice versa will be launched soon.

datatrader:
yea, u are right not just creating coin that is matter , whats the value is it bringing to the table, the good coins supposed to work on weakness of those prevoius coins not just to add to the lists.tell us the value your coin possess.

Whitepaper to address our USP coming up by Monday. You'll get more details there.

GoshenCoin is a digital asset that has attributes of certain asset class built into it.

Wait for it

genny2kuk:
Sign up for free and get 10GXP Free. Offer open for first 100 sign ups. After you sign up, click on "Get a new address" copy and paste it here, and I will send 10GXP to you.

http://www.goshencoin.org

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I'm awaiting the proof. Plz send d coin

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