Difficulty and price
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This thread has got completely of topic, but something else that may relate to @alowberg’s requirements. Use of multisignature wallets.
https://github.com/litecoin-project/litecoin/issues/239#issuecomment-321188037
electrum-ltc wallet has built-in support for multi-sig.
check out the documentation for bitcoin electrum.
same procedures.http://docs.electrum.org/en/latest/multisig.html
Sender just needs to have add recipient’s master public key in his 2/2 multi-sig wallet.
Every time sender sends something to the recipient’s address from his multi-sig wallet, it will require both the sender and recipient signatures in order to spend. -
@wrapper
Wrapper, thank you for your patients with me, I have a lot to learn. I have studied block chain a little and see how that provides accountability. Right after I make this post I am going to study up on Github which I am unfamiliar with.
Back to Sardex, I like that the value conferred on members must be paid back, either through making a profit in ones business, or I suppose one would have to sell other assets to make good their liability. This is where Sardex seems to be like the old gold standard.
But here is what you may find interesting. I am a bit of an historian, and I like studying the history of trade routes and old currency, either beaver pelts in American, salt in India, or silk in the biggest, and greatest, and most prosperous trade route in history, the Silk Road. I am looking for a cryptocurrency to act like and replace one of these actual commodities and I want to package it (promote it) and use it in the same way. I am seeking to promote my whole business in historical terms, I think the time is right. Even the slogan of my business says a lot: The Future Is Back. I just do not want to go in any direction that seems to be a complete departure from the most successful trading methods the world has ever known. We left all that to go in a fiat way that makes the rich richer and the poor poorer. The one thing I think we can eliminate is the danger. I mean trade routes were the place of many brutal robberies. Many died just cutting paths from one place to another. We can I believe establish new trade routes with new commodity backed crptocurrency with out the these dangers.
I still do not like the cryptocurrency mining idea. My idea is, if you have a product and you are one of my trading partners, and if you are willing to put up your product as lets say a form or collateral, they you are welcome to buy and buy or sell using my crptocurrency, with me or with any of my trading partners up to the limit of your credit. Or you could just put money in your account to cover the use of our cryptocurrency. -
This is now starting to read like Sardex spam…
No offence meant.
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@alowberg I was unable to reformat your post to make it readable, as the forum also then identified it as spam …
As I said before, the post is off topic for the thread. This means you need to start your own thread.
Re: I still do not like the cryptocurrency mining idea.
Then I can’t help you, FTC is POW (proof of work) relies on mining to secure the blockchain and process transactions …
This is your main point, perhaps try reposting it in “Off Topic”?
My idea is, if you have a product and you are one of my trading partners, and if you are willing to put up your product as lets say a form or collateral, they you are welcome to buy and buy or sell using my crptocurrency, with me or with any of my trading partners up to the limit of your credit. Or you could just put money in your account to cover the use of our cryptocurrency.
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Sorry wrapper, I thought I was just responding to comments. I did sign up for github. I will try starting a new topic. Might take me a day. Thanks
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This post is deleted! -
@alowberg As I say, this discusion is off topic, and Sardex is not a crypto currency, so you are effectively spamming. Making comments about members intentions is also against the Feathecoin forum code of conduct.
My advise is to delete the comment, or I will be forced to delete it as a moderator…
[Ref] Reputation : http://forum.feathercoin.com/users?section=sort-reputation
http://forum.feathercoin.com/topic/3021/feathercoin-forum-code-of-conduct
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@wrapper
wrapper, I am going to let my comments stand, I do not like being maligned or my intentions misrepresented. I said I would start a new thread. I ought to be able to defend myself. I made my intentions very clear. I am sorry if I unintentionally got off topic, but starting a new thread as you suggest seems to be the answer, if it is not then we are done. -
@wrapper, I also mentioned beaver pelts salt and silk in additions to Sardex, all successful trading tools and suggesting that perhaps we can learn from them, and saying these have some elements I am looking for. And you say that is spam, I am loosing confidence in feathercoin fast, if you all are that sensitive to any thought that we can learn from history or even modern history. I am also suggesting nich cyber currency could be very popular if someone were to write software that brick and mortar companies like myself can tailor to our needs. I am bringing it folks. I am a business and I want a crypto/cyber currency. Am I seeking what one day will rule the day, and are you going to send me elsewhere because I mentioned one cyber currency that has worked perfectly for all those involved in it.
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No it is because you have continued to ignore the forum code of conduct by going off topic on someone else’s thread and insulted a respected member of the community, after he pointed out, quite politely, you were repeatedly “offending”.
