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Nairaland Forum / Nairaland / General / Business / Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain (8512 Views)
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Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 9:53am On Mar 09, 2017 |
cashuki: Starting price is $0.10 |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 10:05am On Mar 09, 2017 |
scozky: 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 |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by Samojo4real(m): 12:02pm On Mar 09, 2017 |
GQGRDDDt28MEL6LMWj3cz7J9m5eXrV24wn my address, oya send my goshencoins |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by omobadmus: 12:12pm On Mar 09, 2017 |
GQMqxhXo7C9dBjuwWN5gij4mKLmwUSmeCV |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by omobadmus: 12:15pm On Mar 09, 2017 |
My address, send my goshcoins-GQMqxhXo7C9dBjuwWN5gij4mKLmwUSmeCV |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by kuunle: 12:37pm On Mar 09, 2017 |
Here is my own address too GaMEAZZmTre73rFuvYbT2h1UbekSNQnbqy |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by omobadmus: 1:06pm On Mar 09, 2017 |
GQMqxhXo7C9dBjuwWN5gij4mKLmwUSmeCV. Send my own |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 2:21pm On Mar 09, 2017 |
Samojo4real: Sent |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 2:22pm On Mar 09, 2017 |
omobadmus: Sent |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 2:23pm On Mar 09, 2017 |
omobadmus: I've sent it already |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by MrEnigma007: 3:54pm On Mar 09, 2017 |
GdA1fk7FdpwdsUfrwe5x553wArPSDQRxNn |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 4:13pm On Mar 09, 2017 |
MrEnigma007: Sent |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by finest82(f): 8:57pm On Mar 09, 2017 |
GdfaNQ2wPnwwbqgUAyo1RJCxjbPC6EgYak send my own now o |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by Divine17: 9:30pm On Mar 09, 2017 |
Please send mine too. GYopJHEMuvaZGfDeaTvcFE4hcaFYafYw3U |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by enm(m): 12:15am On Mar 10, 2017 |
genny2kuk: GJc5RTY6eFvvaPxtY4QnmgCUjgxRR35kZJ |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by phabulousangel(m): 12:31am On Mar 10, 2017 |
GNMiE6qYRxbxWAUReMwr5MW6GgiaXKA2st Please send mine. Thanks |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by Cooleasy(m): 2:48am On Mar 10, 2017 |
genny2kuk:Please keep your promise. Here is my address: GdeVtCkevqqJM7NZee3KKFZ7DtfRc3Z25K |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by scozky: 7:35am On Mar 10, 2017 |
genny2kuk: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 |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 9:30am On Mar 10, 2017 |
finest82: Sent |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 9:35am On Mar 10, 2017 |
scozky: I have not yet asked anyone to invest. I simply asked them to sign up for free 10GXP free We have our own blockchain |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 9:36am On Mar 10, 2017 |
Divine17: Sent |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by Divine17: 9:38am On Mar 10, 2017 |
genny2kuk:Thanks, so what next? |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 9:38am On Mar 10, 2017 |
enm: Sent |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 9:39am On Mar 10, 2017 |
phabulousangel: Sent |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 9:40am On Mar 10, 2017 |
Cooleasy: Sent |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by mznaic: 10:18am On Mar 10, 2017 |
GPvreqWXXZGczRxtzZxFnuofnqmi4gtCcS |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 10:28am On Mar 10, 2017 |
mznaic: Sent |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by datatrader: 10:30am On Mar 10, 2017 |
scozky: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. |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 10:48am On Mar 10, 2017 |
Divine17: 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. |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by genny2kuk(m): 10:52am On Mar 10, 2017 |
datatrader: 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 |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by rammytt(m): 11:04am On Mar 10, 2017 |
genny2kuk: GRqQQdqyc1Xxg3wb6sLAD5Bd8UJnKyWAX9 I'm awaiting the proof. Plz send d coin |
Re: Goshencoin: First Nigerian Owned Virtual Currency/ Blockchain by LeSammy: 11:17am On Mar 10, 2017 |
GbKGNFpcACL2tGrKs4BMeZd6qrCbQAq6ZD |
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