I can tell you . You are not using the medication your dermatologist gave u.or u are eager to get yr skin clear in 4 weeks. Duac gel retn A, works well for a noticeable change you have to use for 6 weeks to 12 weeks

Awesome! Following keenly.

cryptogene:
**Tok en Launch**

There'll be a total of 50,000,000 C G T issued. Out of which 25,000,000 would be sold during the I C O phase.

We chose waves as the platform on which we would launch our crowd sale, while we implement our smart contracts on ethe .reu.m.

Our goal is to raise a maximum of $2.5 million USD and a minimum of $1 million USD. Some of the numbers may change with Wave/USD exchange rates and volatility.

Pre I C O starts August 10th 2017, and would last for 2 weeks. There'll be a 50% bonus for all pre I C O tokens.
I C O starts a month after the end of the pre I C O and will last for 2 months.

Tok en Distribution

Out of a total of 50,000,000 C G T issued,

*50% of which will be distributed to the public through an I C O

*20% will be reserved for founders and core developers

*20% will be reserved for future stakeholders

*10% reserved for marketing

I C O structure

Pre I C O: During the pre sale, Cryp togene will be raising funds for the marketing and development of the Cryp togene project. The Pre ICO will last for 2 weeks starting from August 10, 2017.

Details:

- Token name: C G T

- Represents: Proof of Interest

- Token price: $0.05 (50% Off)

- Tokens amount. 5,000,000 of total 25,000,000

- Platform: Waves

- Pre I C O launch date and time: 10th August, 2017

- Pre I C O time frame: 2 weeks (14 days).

ICO: During the crowd sale, cryp togene will be raising funds for the marketing and continuous development of the Cryp togene project. The I C O will last for 2 months starting 1 month after end of pre I C O

Details:

- Token name: C G T

- Represents: Proof of Interest

- Token price: $0.1

- Tokens amount. 20,000,000

- Platform: Wave





Check our website or join the tele gram group via the link on sign ature

Please do not feed this troll. Let's make sure we fill this thread with as many positive and intelligent comments as possible. Trolls feed on attention, don't give it to him. Just negodu. Thanks for being part of our history

jmaxjohn:
I've not researched on this, but I feel it's bloody waste

Awesome post! Keep up the good work

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

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

A picture is worth more than a thousand words

ypeace:
MESSAGE:
nice one BASH


ADDRESS:
1e1tNEGou2M1qQoEWNfDKdSht8RKCa2x6

SIGNATURE: HKZpYJdcXLlMtmPSJpgH8YXA2EHAD8i9dBpSFAZW4UkuIcXLfjggL4Wh/CfBnCUHe8Zzt2Gd79J6nqomxxOBEDw=

I see what you did there

RalphC:
Bitmama is here too, following

I site you

Join our telegram group for more: https:///Cryptogene

I'm new to Nairaland so please be nice to me

Hi, my name is Bashir Aminu. I'm the founder of cryptogene, a cryptocurrency startup in Nigeria. You can read about us here: https://cointelegraph.com/news/startup-creates-own-coin-to-educate-nigerians-about-blockchain-and-cryptocurrency
I'll be posting cryptocurrency related stuff here over the next couple of weeks. You'll be amazed at the oppurtunities available for you to explore. Mind you, this is not an investment focused thread but rather a knowledge sharing thread.

BITCOIN CRASH COURSE Day 1
We'll be having a daily course here talking about bitcoin. After this five days you should have enough understanding of bitcoin to confidently talk about it.

What is Bitcoin?

This sounds like a simple question but it tends to get some complicated answers. In this crash course, we’ll make sure to cover all the bases but also to keep it simple. If you find anything interesting that I didn’t talk about enough, there’s lots more to read about it if you search for it – I urge you.

The correct answer is “The first decentralized digital currency”, but that’s quite a mouthful. So before we begin to understand this, lets start with a more basic question that most people usually don’t ask themselves: “what is money?”

Money, ultimately, is simply the tool that we use to exchange value. Throughout history we’ve used lots of things as money, from seashells, to precious metals, to salt… The most popular money, historically, has been gold. There’s good reason for this: gold works really well as money. It’s rare – so it’s not worthless, and it’s tangible so if you’re holding it in your hand it’s probably yours. Pretty simple. And this worked for thousands of years, no matter what social institutions exist around you, no matter who the king or government is at that particular time. Gold just worked.

Then came along a new invention: paper money. When you think about it, for someone who uses gold their whole life, paper money is a hard sell. Trust paper instead of metal? Well, paper money actually started out as just a representation of gold. For e.g. the US Dollar was originally just a “gold certificate” which is a piece of paper saying you own some gold that’s sitting in a vault at the treasury. In other words, people never trusted paper money, they trusted the government to hold the gold for them.

Time passed and the US has since abandoned the so-called “gold standard” during the 70’s and today the US Dollar is actually a “fiat” money. “Fiat” is a Latin word for “it shall be” which is another way of saying “forget about gold, let’s all just agree that this paper is worth something, ok?” And that apparently works, because we’re all using fiat money these days and we don’t have to have “hard currency” or “tangible money”. Paper money has some advantages and disadvantages. The biggest disadvantage is that paper is easy to counterfeit, something that’s practically impossible with gold. Almost anyone can simply print paper at home. But there must be advantages that make it worth this trouble, right? Fiat money is actually a form of digitization – that is, we’re dealing with numbers, not metals. This makes money much easier to count, manage and move. In fact, the vast majority of money these days are actually just numbers in computers, believe it or not.

Wait a minute, so if money today is digital, how does that even work? I mean, if I have a file that represents a dollar, what’s to stop me from copying it a million times and having a million dollars? This is called the “double spend problem”. The solution that banks use today is a “centralized” solution – they keep a ledger on their computer which keeps track of who owns what. Everyone has an account and this ledger keeps a tally for each account. We all trust the bank and the bank trusts their computer, and so the solution is centralized on this ledger in this computer. Computer scientists though, weren’t pleased.

Decades later in 2008, an anonymous researcher publishes a paper describing how to solve this problem without a centralized solution – that is, without a bank. He called it “Bitcoin” and went on to describe how you can make a ledger that doesn’t rely on a single particular bank – this is, a decentralized solution. This may sound confusing, or at best like science fiction. How does something work if it’s decentralized? You actually already know the answer to this, you’re using a decentralized solution right now to watch this video: the internet.

Decades later in 2008, an anonymous researcher publishes a paper describing how to solve this problem without a centralized solution – that is, without a bank. He called it “Bitcoin” and went on to describe how you can make a ledger that doesn’t rely on a single particular bank – this is, a decentralized solution. This may sound confusing, or at best like science fiction. How does something work if it’s decentralized? You actually already know the answer to this, you’re using a decentralized solution right now to read this: the internet

Think about it: nobody owns the internet. It’s the most vast and powerful network that humans have ever created – but there is no “Internet, inc.” – so it’s decentralized. Lots of individuals and private companies all build the infrastructure of the internet, across companies and border and even ideologies, and it works – much thanks to profit motives and economic interests. So if the internet decentralizes information technology, how does Bitcoin decentralize money?

At this point many people would start getting technical and complicated, but I want to keep it simple. In Bitcoin, the coins (or rather the transactions) are all recorded in a ledger. So far, nothing new. The big deal with Bitcoin is that this ledger is public and shared. Not only, it’s also maintained by the public. Thousands of people have a copy of this ledger around the world, and anyone can download and verify this ledger. In Bitcoin, instead of accounts, money is moved between addresses – kind of like email.

Usually people get concerned when they hear about this ledger being public. Isn’t this a privacy problem? Like most privacy issues, it’s complicated. Whatever you may have heard about Bitcoin – it’s not really inherently anonymous or identifiable. We will touch on this in a later course.

OK, maybe it’s not anonymous or something, but isn’t this a security problem? Well, if you think about it, it’s not a security problem. If you think that this public ledger is easy to hack, try to imagine hacking the English language – you can probably hack into Oxford Dictionary computers and change some definitions, but that wouldn’t be a big problem. There are lots of copies of dictionaries all over the world – you can’t fool everyone by hacking only some of the copies. In Bitcoin, the dictionary that helps everyone stay on the same page is the ledger, and this ledger is called the “Blockchain”.

So now that we understand how Bitcoin is digital, and how Bitcoin is decentralized, we can finally say: “Bitcoin is the first decentralized digital currency”.

But what does this all matter? Is Bitcoin going to change the world? That’s a question we’d all like to know, eh? Well, let’s start by considering that Bitcoin is non-geographic. If economies fall or governments change, Bitcoin won’t be affected like fiat currencies. It is also much more internet friendly, which means online commerce can improve. But the biggest winners here are probably the billions of people across Asia and Africa and other places that have an internet connection but have horrible banks.

I mean, with my bank I can shop online and send money across the world even though it’s really slow and quite expensive. But in Kenya, they use cell phone minutes as money, they buy groceries with air time. In Argentina people are exchanging money in the black market because of inflation that makes it impossible to save money for a rainy day or for retirement. Non-geographic, global money is exactly what these people need – it works even if your government or banks don’t work.

Of course, Bitcoin isn’t only offering an economic alternative, but also a technological alternative. After all, Dollars today are numbers on a computer which represent numbers on a paper which used to represent hard metals, according to laws written hundreds of years ago. Bitcoin was born in the 21st century, which is why it is able to do lots of things that make people call it “smart-money”. For the same reason phones today are called “smartphones”, because they have more features than cellphones from a decade ago. We won’t get into details, but Bitcoin has some advanced features that you don’t get with the old money that we have today (things like colored coins, smart contracts and multisig).

We'll continue tomorrow with day 2: Bitcoin wallets. Some people get confused about terms like public address, private keys and bitcoin clients. Tomorrow, we'll cover them all. Stay tune

Join our telegram group for more: https:///Cryptogene