SFT - Safex Token

i hoping we have few dumps still :smile_cat:

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30 sats seem to be pretty stable, have been accumulating for sometime. Looking forward to the upcoming updates/releases keep up the good work!

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when looking 1H chart looks like true floor should have been around 100-200sat, there is where all the action happens. so yes 30sat is definitely good accumulation spot. :grin:

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I have built a simple web application using Rust and Typescript this week, a precursor for hosting votes and proposals generated with the vote/proposal application. It’s very neat, a Rust server interacting with a front end website server that is running off of Node (like a usual website). From here I can directly make the website hosting the ^^ mentioned. Glad to hear from you
@bitcoindad @troya @needadime :sunrise:

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Thanks for the update, ive been trolling here for a while and finally made an account. Without an active Bitcoin talk thread had to set this up, but glad I did.

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Things have picked up the last few days 47sat high today

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wawaw i think i catch the floor on this one

very glad b/c i want to see what dally come up with and vote

wish ppl want to sell more :/D

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I wouldn’t fomo since traders would sell; unless you want coin at any cost. A bit unexpected though I can understand if someone wants a certain quantity without waiting for it to arrive.

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SEC at 42
https://www.youtube.com/watch?v=aboZctrHfK8

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you gonna need to pay me 1 billion $ to get to even 25% of my stash!

feel like chrismas dally really want to see the plans

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SEC rallies holding above 30 satoshi range currently.

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Sec moving up on C-Cex voting

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Surely, maybe this week the price will be still low, can easily get it up there.

I’ve partnered up with and started contributing to Coin Idol, Huge thanks to George for introducing me to writing for the site. https://coinidol.com/authors/daniel-dabek/

I’ll mention that listing on further exchanges is great increases visibility of the Safe Exchange Coin, though ability to vote and later collect dividends through the coin will be impeded when holding them on the exchange. Our network’s coin will be more like currency which we want to have listed anywhere we can (be aware there will be no ico for it, but existing Safe Exchange Coin owners will get a small small amount to seed the network proportionally to holders). Whereas the Safe Exchange Coin is more like ownership of opinion and rebate redemption.

More on that in the formal proposal. Look out for it around August 1st. We’ll open the voting for the proposal a couple of weeks after the announcement so to give people enough time to prepare and review the proposal.

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SEC stable above 30s

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Sorry, but can you elaborate on this?

“be aware there will be no ico for it, but existing Safe Exchange Coin owners will get a small small amount to seed the network proportionally to holders”

This reward is like Peercoin that we’ve discussed earlier?

can you link me about the peercoin you mentioned? (I tried a search as well)

In our case, we will launch a network that has a mineable coin. Safe Exchange Coin owners are to receive 0.25% of the total supply of the mineable coin to seed the network. The network’s coin is spent to make Items, Coins, and Contracts. It can also be used to send from one person to another. This is a one time allocation, the rest of the coins must be earned through mining.

Also, is an application developer reward, where the application’s address receives a portion of the transaction fees. In our case, the application I release as official pays the transaction fees proportionally to Safe Exchange Coin owners. This is a second way to earn the mineable coin.

This is an initial revelation to the community, the formal write up will be released in the up coming week.

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Hey Dally, search for Nu Community, then for relantionship between Nushares and Peercoin. Note, i’m not a programmer, but i think those “mineable coin to seed” could actually be Peercoins, not another new coin.

https://www.nubits.com/about/faqs#why-are-nushare-dividends-paid-in-peercoin
https://www.peercointalk.org/index.php?topic=3934.0
https://www.peercointalk.org/index.php?topic=3741.0

  1. When the SAFE Network comes alive, can things be harmonized with Safecoin?

  2. Not to be unpleasant, but don’t you used to be critical of mining? I remember one of your interviews or posts that you claimmed mining to be a useless spend of energy.

  3. The network’s coin is spent to make Items, Coins, and Contracts. This is cool, we have Counter Party or NXT to make coins (equities). Contracts only in Bitshares (binary options), Lisk or Ethereum. What are “items”?

Wow, it seems you are creating a micro-ecosystem reward like SAFE. Cool.

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We will run a totally new network so certainly we wont use any other coins that already exist

In my world view, "If" safecoin ever exists, we can evaluate it and see if it works correctly, then make use of it

It’s true I have seen that mining could be a waste of energy because constant competition and ever increasing electrical consumption; however, PoW is a solution that allows for decentralized database lock and verifiable write privilege. If we constrain the PoW to CPU only, we limit the centralization risk, and the power consumption requirement. This is an intention, CPU PoW. It is proven to work. Other systems such as PoS requires a stake to conduct block production, therefore identifiable participants.

Everything will be in one network, Items are similar to (coins) (equities), though they take description and price so that a market place can form. The plan is to promote one network, Safe Exchange Network.

Yes, I think its important in order to promote to developers, and also to have ongoing development funding, and also to reward our investors as originally intended.

I see the major difference is that we are going to have technology that works based on existing technology, however, we will fulfill a niche for a crypto marketplace and promote it how no one has ever made and promoted before.

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Ignore the Peercoin solution lol. I just fear that nowadays saturation of many types of crypto could mess this project. Be aware of this, please.

Thanks for the update. Safe Exchange Network is a very ambitious project.

Eager to see how SAFE Network enthusiasts think of it. It seems that challenge in crypto is to unite programmers with users. Bitcoin did that, can Safex do it?

Once i saw a guy saying that Openbazaar would only succeed with it allowed “unregulated” stuff. I see Safex doing that, succeding this way!

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