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Re: [PRE-ANN] Syscoin - Business on the Blockchain July 08, 2014, 03:24:49 AM #206 Quote from: danosphere on July 07, 2014, 04:00:25 PM

Fair point re: scrypt ASICs, and yeah who knows what will happen when Syscoin hits the market. I have seen a lot of press about BitHalo recently and smart contracts. Syscoin implements smart contracts just without adding a "new protocol" (or at least without calling it a new protocol). I haven't been able to see their code at all so no idea what is really going on under the hood, but Syscoin does much of what they claim to offer already. Clearly a video is the way to get people "crazed" about this as I'm seeing with BitHalo so I'm trying to put together an end-to-end demo video ASAP alongside all the other logistics we're working out. Would love to put out a beta as well but we're really focused on getting this coin launched, beta stuff just slow that down but if we feel the need for more testing by means of a beta, we'll do so.



The Syscoin presale is very straightforward- you pay XX BTC and based on the phase of the presale (early bird/regular) that equates to XX Syscoin @ a price of XX BTC/SYS. No shady tactics, no odd shares, you buy what you want. You receive exactly that amount of Syscoin once the coin launches on the heels of the presale closing. We definitely aren't doing a share based, 1 turns into 2 type of tactic, I agree that's pretty low.



Just waiting for our partner to reply to us before making this news I've got sitting on my desk public

Fair point re: scrypt ASICs, and yeah who knows what will happen when Syscoin hits the market. I have seen a lot of press aboutrecently and smart contracts. Syscoin implements smart contracts just without adding a "new protocol" (or at least without calling it a new protocol). I haven't been able to see their code at all so no idea what is really going on under the hood, but Syscoin does much of what they claim to offer already. Clearly a video is the way to get people "crazed" about this as I'm seeing with BitHalo so I'm trying to put together an end-to-end demo video ASAP alongside all the other logistics we're working out. Would love to put out a beta as well but we're really focused on getting this coin launched, beta stuff just slow that down but if we feel the need for more testing by means of a beta, we'll do so.The Syscoin presale is very straightforward- you pay XX BTC and based on the phase of the presale (early bird/regular) that equates to XX Syscoin @ a price of XX BTC/SYS. No shady tactics, no odd shares, you buy what you want. You receive exactly that amount of Syscoin once the coin launches on the heels of the presale closing. We definitely aren't doing a share based, 1 turns into 2 type of tactic, I agree that's pretty low.Just waiting for our partner to reply to us before making this news I've got sitting on my desk public



That said, I am curious on how Syscoin allows one to write "smart contracts". The whole thing being implemented in ethereum with all its programming language looks painful at best. I wouldnt really worry about BitHalo; specially if you have implemented the core features correctly. To me it looks like they are attempting too many things and might turn out to be a vapourware.That said, I am curious on how Syscoin allows one to write "smart contracts". The whole thing being implemented in ethereum with all its programming language looks painful at best.