Nxt Forum

Nxt Discussion => Nxt Monetary System => ORA => Topic started by: Nxter on June 14, 2015, 08:14:14 pm

Title: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 14, 2015, 08:14:14 pm
ANNOUNCEMENT


Hi community,

The distribution of the ORA currency has re-started. The currency is already in circulation, 127 users that sent their assets to the old redemption account have been already honored.

To obtain your MS currency send all you MIC and ORA assets to the ORA currency distribution account: NXT-E26D-DMFT-N8XV-37PBS
They will be redeemed by the ORA currency of the monetary system, ticker: XORA http://nxtportal.org/currencies/6933225670038769986

The deadline to redeem your assets will be announced soon.



Br,
Nxter.



UPDATE (18-June):

The distribution is currently on hold till the community reaches consensus on If either reissue the currency or not.

You may still send your assets to the distribution account and you will receive the currency as soon as the decision is made.

I would like to ask for patience to everyone as this is a long term project. However, if you already sent your assets to the distribution account and you would like them returned to you, please, make this request in this thread or by pm.

Br,
Nxter.



UPDATE (04-July):

(http://i57.tinypic.com/2hqqql4.png)ORA is reborn!


Code: XOS
Name: ORAshuffle
Birthdate: 4th July 2015

Distribution is now resumed.

Redemption of ORA and MIC assets will last 3 month starting from today until 4th October 2015.

XOS is already distributed to the following accounts that sent ORA and MIC assets for currency redemption:

Code: [Select]
        ACCOUNT                                 AMOUNT     TRANSFER
1- NXT-6ANL-QC7T-HP4U-5EELL 2493392 10884944237470739611
2- NXT-JA72-Q7HW-3V8M-AFPMK 166666 11210729160328098455
3- NXT-B829-E4TM-284A-CXF64 166666 8541683718026816105
4- NXT-UVSR-CAS6-9VSJ-B3T3Z 166666 15061046339080024442
5- NXT-F62Y-PY96-AR5A-DLJMG 166666 1642577612745267473
6- NXT-BVM5-J25T-G3T2-2KWYR 622532 17177801780636521635
7- NXT-7G7H-BE28-B967-FTBWW 895 12371582724403632796
8- NXT-KC47-46KK-GLLS-DSM6C 500000 9647078411944792942
9- NXT-N4PS-NP2D-H97D-72BGS 166666 5475755927243385383
10- NXT-ZV69-C2DP-SJQG-73PJT 166666 5071748040121269104
11- NXT-YYYY-8P2Q-8FMV-9AR2B 89000 10192526578876135714
12- NXT-3UJ6-6HUR-SAXS-3DJBQ 166666 2665364614176498876
13- NXT-FKSF-53F7-TQ2A-GJHU9 3089228 7912438791183825989
14- NXT-97WB-F3BH-SASQ-ECY2G 405500 9024310441329197006
15- NXT-97WB-F3BH-SASQ-ECY2G 35000 3738407340185183711
16- NXT-GMGT-XDNQ-2LXX-HWQ3F 11535000 17156854920081780284
17- NXT-B5T3-ZTUQ-NWGM-BL3B8 14273446 4634043831566912510
18- NXT-D9D3-9Q2F-QBYM-4C6TQ 549842 10673586275521531454
19- NXT-C3PZ-DGE9-XSGH-5AGZE 168976 11493658064335204087
20- NXT-B6UG-NU5R-86NR-CC87D 168976 7711554272597142709
21- NXT-2L4G-2KTP-7YKJ-HZNJY 98900 11873924072558016486
22- NXT-UDHN-A4VD-JMWP-GQY57 1325250 1952124312167596599
23- NXT-9JCJ-3AAV-GQYX-FBUWV 2000 7230644168045388303
24- NXT-WWCQ-C96D-KXEU-CRJDS 1877043 12416072714574538752
25- NXT-JNES-HJ86-KNXQ-AQ33Z 2588999.5 10877725914409211024
26- NXT-4EAQ-UHPR-M7RE-9MSLM 549174 5516956815118082863
27- NXT-NQRQ-SWUE-85TF-6725E 1812866 1986953001913681958
28- NXT-NN9G-2FMD-XKNZ-CJGVA 802259 11265418734933366166
29- NXT-NYRH-2ANP-BWG5-8LF8P 166666 17930945445976624524
30- NXT-2L4G-2KTP-7YKJ-HZNJY 500000 5079180902433351760
31- NXT-ZGCD-3Z6V-T7CX-HFPFU 149999 3998297223463767509
32- NXT-ZGCD-3Z6V-T7CX-HFPFU 44500 9217312801894732003
33- NXT-UDHN-A4VD-JMWP-GQY57 127500 17096666451407509370
34- NXT-NRMK-J5SA-QXM5-F6S29 166666 17470876298941252675
35- NXT-7SY5-7JLA-KNN6-23TUA 121666 13409851833165853411
36- NXT-7SY5-7JLA-KNN6-23TUA 30000 11465031837350303223
37- NXT-7SY5-7JLA-KNN6-23TUA 15000 2718430049390123439
38- NXT-M84B-QXNY-WTDG-GHHCR 60982 7922823093855070469
39- NXT-RNW6-EHML-HTTD-2S5QH 160000 735555604769764056
40- NXT-4EAQ-UHPR-M7RE-9MSLM 925326 5287610875689316886
41- NXT-SQBJ-6RU2-G6U6-9LRJD 1600000 11405941782992252118
42- NXT-RHNG-8DNX-4F76-D6XKV 1000 513482998525301119
43- NXT-F666-C3Z2-V2XH-9AXMK 166666 9240499795932478927
44- NXT-XNA4-UER9-EFWT-FRJ2M 23039 1592527138900683504
45- NXT-DYE3-GQK7-C7WU-DQZ7D 166666 5330558915435478094
46- NXT-W3TA-MLST-5HCM-EAXKX 166666 6082741928414207149
47- NXT-7LUC-22LJ-5WJ4-22222 171666 1148468724961922607
48- NXT-THV5-5X72-B4MU-BJ5NW 89000 17248180621779936604
49- NXT-Z753-VAW4-GS3D-3WJ4W 1003698 13320144373864787779
50- NXT-VZSN-9MBJ-USRE-FEKSW 166666 17252274140660149440
51- NXT-874M-PS35-SCQB-8UCDX 166666 12510119529566563549
52- NXT-J593-KAHJ-WFB8-8VHW2 166666 13960244214377298712
53- NXT-ZBJ5-FU9M-E8BN-HCXJX 166666 16114786987862519403
54- NXT-T6XN-KVAB-L7Y4-AGZJ9 44500 9308311081890145644
55- NXT-T6XN-KVAB-L7Y4-AGZJ9 166666 4901554124597349299
56- NXT-RTYD-LJXQ-EPNJ-H7AQ5 170666 2395284582788567735
57- NXT-U9TW-3GL7-YRFZ-DTH7P 166666 17417601474931917000
58- NXT-3REC-EVRD-YPDB-CA43C 166666 944954179421017097
59- NXT-HFDR-QWR3-RBC8-2VBG4 166666 5977698322083041798
60- NXT-4CS7-S4N5-PTH5-A8R2Q 1468500 16808163045229492775
61- NXT-A4F9-B2PW-HZ4V-6L5BH 166666 2906000953652247587
62- NXT-4QV6-79GB-QEXB-5FD6H 166666 2994557344903971855
63- NXT-Q2AB-ZX9C-YZRL-GZYLL 166666 8890694991899404390
64- NXT-HMV8-VPUN-LE83-9LQVP 166666 15130792823537209194
65- NXT-TCJK-7JG5-5RZV-BNDZ9 166666 17820887106033141102
66- NXT-KJVL-62A4-L5Z6-38RJ7 166666 15846772979860660558
67- NXT-Q5M9-BF3R-JH6Y-2SD7M 166666 11147567591242094853
68- NXT-LHVV-9ES7-RVHU-3R7HG 4500 12949407521552762793
69- NXT-GVHS-X4MC-XV2M-CTN73 45261 7662947149731626518
70- NXT-ZKSX-U6YT-J4AM-HX2RS 166666 1788480802211978292
71- NXT-9M9E-4U37-3S35-6LTTZ 166666 13575552021070035416
72- NXT-TJG2-7TT8-8DK6-EKM6P 89000 12707057249389100181
73- NXT-HFGU-SKRB-5S5T-6EKT4 2908645 1596777040982137871
74- NXT-4EAQ-UHPR-M7RE-9MSLM 209539 8641522596500975474
75- NXT-L8EV-EMP8-7VE8-88WWL 2004001 17971327089255754931
76- NXT-FK5G-7QST-A4U5-DXY5G 44500 12915369629879000176
77- NXT-BD4N-J9BK-9YSW-5Z6GL 44500 4182830802679220002
78- NXT-XDWR-2M7J-S6SE-F9HAM 534000 4153715082229993538
79- NXT-BK2J-ZMY4-93UY-8EM9V 106666 8959992920106111402
80- NXT-WMUF-7TQD-4N4J-G62SX 500 14110088565973903878
81- NXT-UDHN-A4VD-JMWP-GQY57 50000 14959771755551279092
82- NXT-JWAT-4JNV-57UV-DN6DL 107 2348898536386655250
83- NXT-X28X-FJEK-6ZDP-3M5XU 142000 1387158579352435477
84- NXT-S8VH-FNMK-P8BF-DKZW5 44500 6113414463190325985
85- NXT-YZKK-FBRT-UGKD-GUV92 712000 5825242391091629849
86- NXT-W4JL-DZXS-9K9V-CPDQ4 178000 5574239303582638626
87- NXT-BF6M-R2TF-3XWH-GA3LZ 89000 5145615594331039996
88- NXT-WTS8-HP56-9HRA-H6HVD 89000 12896754357668526684
89- NXT-QUCJ-BDXQ-UCQP-C6Q8D 170666 1891569524248445148
90- NXT-EUDJ-RU5A-Z8US-4PSJV 231108 5186202422556437419
91- NXT-9YWE-MEYB-974P-646R2 170666 4511184947294678828
92- NXT-FQV4-V8NS-HGQH-FHW97 44500 10352367868597030087
93- NXT-L6CZ-NX4Q-6BQH-HN88R 306000 362239742412087616
96- NXT-MAEF-Y5ND-K63M-4ZPCG 2420200 4032050366414216553
97- NXT-MAEF-Y5ND-K63M-4ZPCG 294309 14650257583797757729
98- NXT-BZD7-EEV8-BZS7-CQQXB 105 6850862884545533912
99- NXT-YYYY-8P2Q-8FMV-9AR2B 1134500 2993207745076041344
100- NXT-KQBD-ZKSP-UKBT-7SM3E 3311812.5 7584824672006672217
101- NXT-KQBD-ZKSP-UKBT-7SM3E 2890344 957770059884714732
102- NXT-5ZCV-KNGM-W5QK-HJ8FN 1824000 4652087055320342017
103- NXT-5ZCV-KNGM-W5QK-HJ8FN 166666 180697080335893751
104- NXT-M5JR-2L5Z-CFBP-8X7P3 166666 16785632895476959392
105- NXT-NRGJ-86TR-QBUU-D2C3S 166666 17989999215876112117
106- NXT-G8BT-FHN8-SZQG-G3FRC 50000 6091874470865917812
107- NXT-BGFS-T9VJ-SJ5G-FNHJK 44500 12632681300525861033
108- NXT-N8U7-TU6Z-HU3S-759Y7 5000 2457953902231030804
109- NXT-N8U7-TU6Z-HU3S-759Y7 662500 4036703755588194530
110- NXT-XF29-9RNC-TTK3-HR7T6 170666 1164950878892556684
111- NXT-2AHU-UXZW-K9Q2-HENLW 50000000 16624137963693840935
112- NXT-QUQF-AUA5-X7YA-4VNBP 1000000 17569395328684756495
113- NXT-KHKB-6RCZ-FAWP-7E7H2 5033266 13223766069824158174
114- NXT-2DSM-57HC-ST28-7D7H5 166666 17859780399963827502
115- NXT-RV5Q-SGKL-XHPX-3G3UV 191666 9569313383576564520
116- NXT-FLVS-VRBV-LDPD-6DZ9W 250000 5676669918171283634
117- NXT-FLVS-VRBV-LDPD-6DZ9W 399364 5458446628676722232
118- NXT-U965-7THF-F9VQ-HKCZY 168976 7452186004371741570
119- NXT-KC47-46KK-GLLS-DSM6C 165000 334776572266721744
120- NXT-KC47-46KK-GLLS-DSM6C 510998 17862819561092927283
121- NXT-6RKA-ZVFL-VBS6-7D2EP 521665 12489921219709080224
122- NXT-YYYY-8P2Q-8FMV-9AR2B 173976 9791026853689734216
123- NXT-LAEW-Y8GS-BWQX-BX2Z5 166666 5981303148436982720
124- NXT-BYRU-8NKZ-PEYJ-9E6YQ 166666 5040886494004339782
125- NXT-P5JJ-YSAL-G6N7-7WL2N 3807503 17681200105445213157
126- NXT-83EL-JGBK-3HL5-6QNEX 1138307 12928894733326911342
127- NXT-GWFG-JAPF-8AZG-4P5R5 4180954 15940190897414203710
94- NXT-53EB-6WSS-BAGG-39UXP 100000 9822034720846175608
95- NXT-EPSG-46SM-HL4T-CAXN6 52 9897126699957680021

1- NXT-7EH9-8A6C-S6LA-GBNDJ 166666 4962593534766662713
2- NXT-KMA3-SBRT-3KUV-7BDVB 166666 14113420107939168524
3- NXT-XS2D-NXHX-5R4Y-DRBD3 166666 905638526317871206
4- NXT-MVGA-GQF7-CJBZ-2NYER 166666 11604044850551493007
5- NXT-K3QP-HVGS-7KR6-FV7QK 45614670 11998801958540402453
6- NXT-NNBQ-NXU8-8R7E-3TG5M 5000 10702531755027698558
7- NXT-234E-3WCH-RN8G-DPHCT 5000000 16173933686559107671
8- NXT-J592-E74L-UVSQ-ALXW3 55220 419174568185520956
9- NXT-44Y5-XD7T-EBBA-BXYR2 166666 12596437736292546117
10- NXT-WMUF-7TQD-4N4J-G62SX 85000 3747034842210977072
11- NXT-J5NJ-5DQG-PL7W-9SNFZ 101 15892178589260492483
12- NXT-JTA7-B2QR-8BFC-2V222 1088000 11065886306214169890
13- NXT-H39G-4JG6-Z3NS-FBK7L 166666 1436312408555567967
14- NXT-BPZH-L5JZ-TS9Q-6RVTM 1385610 16290293219727020527
15- NXT-B2VY-2MRB-MQGM-42EWY 1187500 14195635272830894164
16- NXT-8RXS-2SSK-RNF2-HSNL8 227498.5 2887484484715557699
17- NXT-YZKK-FBRT-UGKD-GUV92 44500 3360666635601645978
18- NXT-UDHN-A4VD-JMWP-GQY57 11500 16615237500631122185
19- NXT-YJ25-HTWF-N8RR-4TJAY 370000 12511431326752904664
20- NXT-3KVZ-NF4B-36V2-7B9YA 738000 5034200494735855526
21- NXT-XLR8-66PW-253Z-3T5M8 5420504 8444835309430239205
22- NXT-XLR8-66PW-253Z-3T5M8 178486 1111895628348382323
23- NXT-UR5H-5X5B-JB7P-6EZBL 400500 11020320617428115193
24- NXT-DFDV-58KQ-LTD7-9XC9T 523714 3875325385477398859
25- NXT-TNEN-GQAE-TP67-8HQ8L 152467 4498927249770399472
26- NXT-XRTD-RMZT-B3ZF-CEZRW 12500 8560705695764339226
27- NXT-XRTD-RMZT-B3ZF-CEZRW 37750 8971043116333690516
28- NXT-DHFS-JPHW-EZDZ-8K9DH 12500 2625368365197695982
29- NXT-EAVH-SLEV-KSEE-EE2KP 15326750 10538445921730674757
30- NXT-C9D2-YCVX-DGGY-8QMBL 110000 15108107003759394945
31- NXT-UWJU-XXST-3MPQ-2JWG7 1391000 10567746893806895807
32- NXT-UWJU-XXST-3MPQ-2JWG7 216666 8299841621826499577
33- NXT-JDPZ-YFSK-QTSE-9A94C 55510 18001194041899729687
34- NXT-PJ4S-P5MU-LFBV-6ARBY 166666 15627308785678771565
35- NXT-M8R2-7NVN-GLDE-BX2KN 44500 408481906311782479
36- NXT-M8R2-7NVN-GLDE-BX2KN 205 18303687095616385557
37- NXT-VP6V-H2DE-U5GA-HZGH5 44500 15511869054366636003




Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: rubenbc on June 14, 2015, 08:16:56 pm
received, thank's team

I'm really excited about this project ;)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: franckuestein on June 14, 2015, 08:50:29 pm
Thanks for the new announcement @Nxter.
Let's see if we can finally have an ORA solid project ;)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Mac Red on June 14, 2015, 09:56:03 pm
Awesome, good job!
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: leo+ on June 14, 2015, 10:25:18 pm
received, thanks :)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 14, 2015, 11:29:36 pm
ANNOUNCEMENT


Hi community,

The distribution of the ORA currency has re-started. The currency is already in circulation, 127 users that sent their assets to the old redemption account have been already honored.

To obtain your MS currency send all you MIC and ORA assets to the ORA currency distribution account: NXT-E26D-DMFT-N8XV-37PBS
They will be redeemed by the ORA currency of the monetary system, ticker: XORA http://nxtportal.org/currencies/6933225670038769986

The deadline to redeem your assets will be announced soon.


Br,
Nxter.

Outstanding!!

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 15, 2015, 01:47:00 am
lets do this.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: LocoMB on June 15, 2015, 05:44:46 am

Big Thanks!

I already received the XORA for the ones I had sent in earlier!

Another batch is on the way!
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: atchoum6760 on June 15, 2015, 02:40:20 pm
I have send my MIC and ORA assets this morning.I wait my xora  ;D
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 15, 2015, 05:54:56 pm
There is no painless birth and the ORA currency seems to verify this.

Unfortunately, the XORA currency was issued with 8 decimals and there it seems to be a limitation in the exchange booth of the NRS monetary system to trade XORA for nxt. The consequence is that It is now not possible to trade the currency for fractions of NXT, which would kill the market.

We have now at least 3 options to resolve this situation:

1- Claim back the currency that has been already distributed in order to reissue XORA with less decimals. This is going be very difficult since XORA has already been distributed to more than 100 accounts

2- Make the XORA currency unofficial and issue a new currency and redistribute it

3- See if the devs can do something about this. See the second point of: https://nxtforum.org/monetary-system/monetary-sistem-exchange-booth-bug/

 
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: jl777 on June 15, 2015, 06:04:40 pm
There is no painless birth and the ORA currency seems to verify this.

Unfortunately, the XORA currency was issued with 8 decimals and there it seems to be a limitation in the exchange booth of the NRS monetary system to trade XORA for nxt. The consequence is that It is now not possible to trade the currency for fractions of NXT, which would kill the market.

We have now at least 3 options to resolve this situation:

1- Claim back the currency that has been already distributed in order to reissue XORA with less decimals. This is going be very difficult since XORA has already been distributed to more than 100 accounts

2- Make the XORA currency unofficial and issue a new currency and redistribute it

3- See if the devs can do something about this. See the second point of: https://nxtforum.org/monetary-system/monetary-sistem-exchange-booth-bug/
64bit integer overflow limits what can be done with assets that have 8 decimals.
that is why 4 decimals should be used.

I suggest to restrict assets to having between 2 and 6 decimals, as 0 decimals also creates problems

James
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Jack Needles on June 15, 2015, 06:13:53 pm
.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 15, 2015, 06:21:33 pm
The issuance with 8 decimal points may not be as big of a problem as you infer.

True, it would seem to set a floor valuation of 1 XORA as 1 NXT.  I don't believe it will ultimately hamper the utility of XORA for shuffling, but does hamper the speculative market.  I disagree with your premise that it would 'kill the market'.  In fact, I believe it eases the transition from speculation to utility.  (Of course for this utility, shuffling must be implemented).

Pros:
1) Boon to XORA holders at >100x increase when compared with ORA asset trading.
2) Sets a peg of 1 NXT for users to shuffle.  Can get in and out (NXT<->XORA) without losing value to buy/sell margins.
3) Increased valuation provides a great incentive for all XORA users to shuffle for the bounties.

Cons:
1) Eliminates XORA as a speculative currency.

My vote is to leave as-is.  (X)ORA can move forward without re-issuance, and ultimately may benefit from this mistake.

Option 4- Continue as it is with XORA
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: jl777 on June 15, 2015, 06:47:34 pm
The issuance with 8 decimal points may not be as big of a problem as you infer.

True, it would seem to set a floor valuation of 1 XORA as 1 NXT.  I don't believe it will ultimately hamper the utility of XORA for shuffling, but does hamper the speculative market.  I disagree with your premise that it would 'kill the market'.  In fact, I believe it eases the transition from speculation to utility.  (Of course for this utility, shuffling must be implemented).

Pros:
1) Boon to XORA holders at >100x increase when compared with ORA asset trading.
2) Sets a peg of 1 NXT for users to shuffle.  Can get in and out (NXT<->XORA) without losing value to buy/sell margins.
3) Increased valuation provides a great incentive for all XORA users to shuffle for the bounties.

Cons:
1) Eliminates XORA as a speculative currency.

My vote is to leave as-is.  (X)ORA can move forward without re-issuance, and ultimately may benefit from this mistake.
good points!
actually using instantDEX it is possible to get different pricing, even with the asset decimals limitation!

the reason is I use baseamount/relamount instead of a separate price parameter

so by creating different ratios, you can achieve fractional prices that otherwise are not possible

there is no problem as long as XORA is issued so that transferCurrency is working properly
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 16, 2015, 03:01:33 am
The issuance with 8 decimal points may not be as big of a problem as you infer.

True, it would seem to set a floor valuation of 1 XORA as 1 NXT.  I don't believe it will ultimately hamper the utility of XORA for shuffling, but does hamper the speculative market.  I disagree with your premise that it would 'kill the market'.  In fact, I believe it eases the transition from speculation to utility.  (Of course for this utility, shuffling must be implemented).

Pros:
1) Boon to XORA holders at >100x increase when compared with ORA asset trading.
2) Sets a peg of 1 NXT for users to shuffle.  Can get in and out (NXT<->XORA) without losing value to buy/sell margins.
3) Increased valuation provides a great incentive for all XORA users to shuffle for the bounties.

Cons:
1) Eliminates XORA as a speculative currency.

My vote is to leave as-is.  (X)ORA can move forward without re-issuance, and ultimately may benefit from this mistake.
good points!
actually using instantDEX it is possible to get different pricing, even with the asset decimals limitation!

the reason is I use baseamount/relamount instead of a separate price parameter

so by creating different ratios, you can achieve fractional prices that otherwise are not possible

there is no problem as long as XORA is issued so that transferCurrency is working properly

Hey everyone, so SORRY I mucked things up with the 8 decimals for XORA MS! When I issued the XORA I wasn't aware of this problem and just used 8 decimals to match NXT without giving it much thought. Now you guys know why I always ask for feedback, (I ain't that smart lol )

If I'm understanding what James just said correctly it looks like we might be able to progress with the shuffle tech as is without the need for a recall and re-issue, and InstantDEX can handle the 8 decimals anyway. That's a BIG relief all round!!

Thanks again everyone for finding a way forward!!!
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: atchoum6760 on June 16, 2015, 06:08:01 am
I have send my MIC and ORA assets this morning.I wait my xora  ;D


I obtain nothing normal ?

thx
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 16, 2015, 08:28:19 am
I have send my MIC and ORA assets this morning.I wait my xora  ;D


I obtain nothing normal ?

thx

Yes, the distribution is on hold until we decide how to proceed..

The issuance with 8 decimal points may not be as big of a problem as you infer.

True, it would seem to set a floor valuation of 1 XORA as 1 NXT.  I don't believe it will ultimately hamper the utility of XORA for shuffling, but does hamper the speculative market.  I disagree with your premise that it would 'kill the market'.  In fact, I believe it eases the transition from speculation to utility.  (Of course for this utility, shuffling must be implemented).

Pros:
1) Boon to XORA holders at >100x increase when compared with ORA asset trading.
2) Sets a peg of 1 NXT for users to shuffle.  Can get in and out (NXT<->XORA) without losing value to buy/sell margins.
3) Increased valuation provides a great incentive for all XORA users to shuffle for the bounties.

Cons:
1) Eliminates XORA as a speculative currency.

My vote is to leave as-is.  (X)ORA can move forward without re-issuance, and ultimately may benefit from this mistake.
good points!
actually using instantDEX it is possible to get different pricing, even with the asset decimals limitation!

the reason is I use baseamount/relamount instead of a separate price parameter

so by creating different ratios, you can achieve fractional prices that otherwise are not possible

there is no problem as long as XORA is issued so that transferCurrency is working properly

Hey everyone, so SORRY I mucked things up with the 8 decimals for XORA MS! When I issued the XORA I wasn't aware of this problem and just used 8 decimals to match NXT without giving it much thought. Now you guys know why I always ask for feedback, (I ain't that smart lol )

If I'm understanding what James just said correctly it looks like we might be able to progress with the shuffle tech as is without the need for a recall and re-issue, and InstantDEX can handle the 8 decimals anyway. That's a BIG relief all round!!

Thanks again everyone for finding a way forward!!!


So we continue with the distribution as it is?  I still think that the limitation with the NRS exchange booth is a big one.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 16, 2015, 08:39:58 am
The issuance with 8 decimal points may not be as big of a problem as you infer.

True, it would seem to set a floor valuation of 1 XORA as 1 NXT.  I don't believe it will ultimately hamper the utility of XORA for shuffling, but does hamper the speculative market.  I disagree with your premise that it would 'kill the market'.  In fact, I believe it eases the transition from speculation to utility.  (Of course for this utility, shuffling must be implemented).

Pros:
1) Boon to XORA holders at >100x increase when compared with ORA asset trading.
2) Sets a peg of 1 NXT for users to shuffle.  Can get in and out (NXT<->XORA) without losing value to buy/sell margins.
3) Increased valuation provides a great incentive for all XORA users to shuffle for the bounties.

Cons:
1) Eliminates XORA as a speculative currency.

My vote is to leave as-is.  (X)ORA can move forward without re-issuance, and ultimately may benefit from this mistake.
good points!
actually using instantDEX it is possible to get different pricing, even with the asset decimals limitation!

the reason is I use baseamount/relamount instead of a separate price parameter

so by creating different ratios, you can achieve fractional prices that otherwise are not possible

there is no problem as long as XORA is issued so that transferCurrency is working properly

Hey everyone, so SORRY I mucked things up with the 8 decimals for XORA MS! When I issued the XORA I wasn't aware of this problem and just used 8 decimals to match NXT without giving it much thought. Now you guys know why I always ask for feedback, (I ain't that smart lol )

If I'm understanding what James just said correctly it looks like we might be able to progress with the shuffle tech as is without the need for a recall and re-issue, and InstantDEX can handle the 8 decimals anyway. That's a BIG relief all round!!

Thanks again everyone for finding a way forward!!!


So we continue with the distribution as it is?  I still think that the limitation with the NRS exchange booth is a big one.

What do the other treasurers think? What about everyone else? I'm happy to proceed if James thinks he can work around the decimal problem, but I do appreciate not being able to use the exchange booth *might* come back to haunt us also. It's not too late to re-issue another MS.

What do people think, have your say!!

edit: is it possible that the NRS exchange booth might be modified in a future release so it can handle 8 decimals?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: fragora on June 16, 2015, 03:40:02 pm
Probably better to re-issue imo as Nxters script is all set up already and it will only get more complicated if we have to do it later.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 16, 2015, 03:52:00 pm
The issuance with 8 decimal points may not be as big of a problem as you infer.

True, it would seem to set a floor valuation of 1 XORA as 1 NXT.  I don't believe it will ultimately hamper the utility of XORA for shuffling, but does hamper the speculative market.  I disagree with your premise that it would 'kill the market'.  In fact, I believe it eases the transition from speculation to utility.  (Of course for this utility, shuffling must be implemented).

Pros:
1) Boon to XORA holders at >100x increase when compared with ORA asset trading.
2) Sets a peg of 1 NXT for users to shuffle.  Can get in and out (NXT<->XORA) without losing value to buy/sell margins.
3) Increased valuation provides a great incentive for all XORA users to shuffle for the bounties.

Cons:
1) Eliminates XORA as a speculative currency.

My vote is to leave as-is.  (X)ORA can move forward without re-issuance, and ultimately may benefit from this mistake.
good points!
actually using instantDEX it is possible to get different pricing, even with the asset decimals limitation!

the reason is I use baseamount/relamount instead of a separate price parameter

so by creating different ratios, you can achieve fractional prices that otherwise are not possible

there is no problem as long as XORA is issued so that transferCurrency is working properly

Hey everyone, so SORRY I mucked things up with the 8 decimals for XORA MS! When I issued the XORA I wasn't aware of this problem and just used 8 decimals to match NXT without giving it much thought. Now you guys know why I always ask for feedback, (I ain't that smart lol )

If I'm understanding what James just said correctly it looks like we might be able to progress with the shuffle tech as is without the need for a recall and re-issue, and InstantDEX can handle the 8 decimals anyway. That's a BIG relief all round!!

Thanks again everyone for finding a way forward!!!


So we continue with the distribution as it is?  I still think that the limitation with the NRS exchange booth is a big one.

What do the other treasurers think? What about everyone else? I'm happy to proceed if James thinks he can work around the decimal problem, but I do appreciate not being able to use the exchange booth *might* come back to haunt us also. It's not too late to re-issue another MS.

What do people think, have your say!!

edit: is it possible that the NRS exchange booth might be modified in a future release so it can handle 8 decimals?

I am not fully sure what the issue is with the exchange booth. I have to admit, I haven't spent much time with a NXT Currency yet.


(so still no word from Darkhorse?)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 16, 2015, 04:19:22 pm


I am not fully sure what the issue is with the exchange booth. I have to admit, I haven't spent much time with a NXT Currency yet.


(so still no word from Darkhorse?)

See my thread about this issue: https://nxtforum.org/monetary-system/monetary-sistem-exchange-booth-bug/
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Mac Red on June 16, 2015, 05:35:03 pm
There is no painless birth and the ORA currency seems to verify this.

Unfortunately, the XORA currency was issued with 8 decimals and there it seems to be a limitation in the exchange booth of the NRS monetary system to trade XORA for nxt. The consequence is that It is now not possible to trade the currency for fractions of NXT, which would kill the market.

We have now at least 3 options to resolve this situation:

1- Claim back the currency that has been already distributed in order to reissue XORA with less decimals. This is going be very difficult since XORA has already been distributed to more than 100 accounts

2- Make the XORA currency unofficial and issue a new currency and redistribute it

3- See if the devs can do something about this. See the second point of: https://nxtforum.org/monetary-system/monetary-sistem-exchange-booth-bug/

I dunno really what would be the "best" alternative. I guess we could ask ourselves if the market is of any importance to ORA right now? Would it be worth the hassle & loss of another good name in order to improve/fix the speculative part of the currency? Taken in consideration there could also be other ways to solve the problem.

On the flip side I don't see much wrong with option #2 above either. The issue was discovered quickly and I doubt ORA would lose any followers just because we've been extra thoughtful.

I'd be happy to just let our treasures/issuers vote on what to do.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: gvans on June 16, 2015, 08:43:46 pm
Being extra thoughtful sounds good to me. So I'd go for option 2.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: barbierir on June 16, 2015, 08:55:28 pm
The only drawback of option 2 is the need for a new name, Xora and Kora were so cool.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 16, 2015, 10:31:22 pm
It looks like the consensus is to re-issue another MS. I'm OK with that too!! Is anyone still strongly in favor of keeping the existing XORA?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: futurist on June 17, 2015, 12:50:15 am
I think functionality is most important
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 17, 2015, 01:24:41 am
I think functionality is most important

Jack did make a good case for sticking with the XORA, and having a 1:1 with NXT might make the shuffling aspect work better

The issuance with 8 decimal points may not be as big of a problem as you infer.

True, it would seem to set a floor valuation of 1 XORA as 1 NXT.  I don't believe it will ultimately hamper the utility of XORA for shuffling, but does hamper the speculative market.  I disagree with your premise that it would 'kill the market'.  In fact, I believe it eases the transition from speculation to utility.  (Of course for this utility, shuffling must be implemented).

Pros:
1) Boon to XORA holders at >100x increase when compared with ORA asset trading.
2) Sets a peg of 1 NXT for users to shuffle.  Can get in and out (NXT<->XORA) without losing value to buy/sell margins.
3) Increased valuation provides a great incentive for all XORA users to shuffle for the bounties.

Cons:
1) Eliminates XORA as a speculative currency.

My vote is to leave as-is.  (X)ORA can move forward without re-issuance, and ultimately may benefit from this mistake.

BUT ... would people accept the windfall gain to existing ORA holders, probably not, and I would be uncomfortable with trying to justify the 1:1 to new ORA community members who paid so much more than I did. It doesn't feel good to me.

It was an honest mistake on my part (I'm pleading the 'Garza defense', if the decimals don't match it's a scam), but if we continue with the resultant  artificial floor of 1 XORA= 1 NXT we would be open to a lot of criticism that we were knowingly lining our own pockets. I don't want that!! We've always tried to put ORA development on a solid ethical footing, so I think the right thing to do is re-issue.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Jack Needles on June 17, 2015, 01:35:26 am
.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Jack Needles on June 17, 2015, 01:36:45 am
.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 17, 2015, 01:54:32 am
Perhaps I’m missing something, but I really don’t see the problem to leave XORA as-is.  I think there may be too much emphasis on XORA for short term market speculation, and not on the ultimate utility of shuffling.

Does the current market dry up at the cost of 1 NXT per XORA: ABSOLUTELY YES!  You’d have to be crazy to exchange at a 1-to-1 rate RIGHT NOW.  But, when/if XORA shuffling is functioning as intended, the price becomes IRRELEVANT.  The most important economic factors are exchange VOLUME and price STABILITY.

Let me elaborate.

XORA wishes to position itself as the prominent currency for shuffling NXT.  Well, what are the most important factors for a shuffler?

Perspective of a shuffle user:
(1) I have NXT
(2) I want to anonymize my NXT
(3) I want to do so in a timely manner
(4) I want to minimize my cost
(5) I want it to be easy

If XORA is to be used for this purpose:

(A) Needs enough shuffling participants so shuffling can provide true anonymity.
(B) NXT<->XORA exchange needs enough volume to cycle in and out of the desired currency within a timely manner.
(C) Shuffle software (plugin?) must be EASY TO USE.

With the currency exchange booth providing no lower option than 1 NXT per XORA, that becomes (for all intents and purposes) an unmoving price peg for a LONG TIME.  Trades may still occur out of the exchange booth (with escrow or InstantDEX, for instance) if a user wishes to sacrifice some value for a faster turnaround time.

In my opinion, leaving XORA with 8 decimal places (and therefore limiting exchange rate as 1 NXT) should be considered with all of the above factors as a NET BENEFIT for the utility of shuffling, and a HUGE BOON to all XORA project supporters!

(Now, there are still some unresolved issues.  XORA will likely have much more short term exchange SELLERS than BUYERS and that could creates an unbalanced economic cycling. Shuffling bounties may be able to encourage more XORA buyers/holders since it would produce a stable, positive return in XORA).

Great post Jack, thanks so much for your input in trying to navigate through this situation!!!

Yes, having 1:1 with NXT would make the shuffle aspects of ORA a lot more robust from the get-go, and that's very appealing.

Can we mitigate the effects of the other consequences, the massive windfall and potential perception problems?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Jack Needles on June 17, 2015, 02:19:41 am
.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 17, 2015, 02:53:55 am
Perhaps I’m missing something, but I really don’t see the problem to leave XORA as-is.  I think there may be too much emphasis on XORA for short term market speculation, and not on the ultimate utility of shuffling.

Does the current market dry up at the cost of 1 NXT per XORA: ABSOLUTELY YES!  You’d have to be crazy to exchange at a 1-to-1 rate RIGHT NOW.  But, when/if XORA shuffling is functioning as intended, the price becomes IRRELEVANT.  The most important economic factors are exchange VOLUME and price STABILITY.

Let me elaborate.

XORA wishes to position itself as the prominent currency for shuffling NXT.  Well, what are the most important factors for a shuffler?

Perspective of a shuffle user:
(1) I have NXT
(2) I want to anonymize my NXT
(3) I want to do so in a timely manner
(4) I want to minimize my cost
(5) I want it to be easy

If XORA is to be used for this purpose:

(A) Needs enough shuffling participants so shuffling can provide true anonymity.
(B) NXT<->XORA exchange needs enough volume to cycle in and out of the desired currency within a timely manner.
(C) Shuffle software (plugin?) must be EASY TO USE.

With the currency exchange booth providing no lower option than 1 NXT per XORA, that becomes (for all intents and purposes) an unmoving price peg for a LONG TIME.  Trades may still occur out of the exchange booth (with escrow or InstantDEX, for instance) if a user wishes to sacrifice some value for a faster turnaround time.

In my opinion, leaving XORA with 8 decimal places (and therefore limiting exchange rate as 1 NXT) should be considered with all of the above factors as a NET BENEFIT for the utility of shuffling, and a HUGE BOON to all XORA project supporters!

(Now, there are still some unresolved issues.  XORA will likely have much more short term exchange SELLERS than BUYERS and that could creates an unbalanced economic cycling. Shuffling bounties may be able to encourage more XORA buyers/holders since it would produce a stable, positive return in XORA).

Great post Jack, thanks so much for your input in trying to navigate through this situation!!!

Yes, having 1:1 with NXT would make the shuffle aspects of ORA a lot more robust from the get-go, and that's very appealing.

Can we mitigate the effects of the other consequences, the massive windfall and potential perception problems?

Thanks!  I do acknowledge your concerns, but over the last couple of days I began to see this 'mistake' as a potentially positive development for XORA's shuffling utility.  I just hope I've been able to express my thoughts clearly enough that it all comes together to create a cohesive picture.  There really are a lot of reasons why 1:1 with NXT is quite a good functional choice.

As far as the windfall perception, I've personally tried to disregard that factor and focus instead on what properties XORA needs to be successful at the intended goal of shuffling, and it really does seem to me that a 1:1 ratio just "makes the most sense".

But the windfall perception can be damning.

I guess I'd focus first on WHY this ratio was chosen (even though ultimately it started with an honest mistake), and why 1:1 helps XORA become a good choice for shuffling.  If more parties can add to the rationale I started above, then perhaps a more cohesive reasoning for this decision can be formed.

And then, I'd do something like this:

* Distribute remaining XORA as previously discussed
* A new giveaway, sponsored by big holders  (NOT TREASURY FUNDS, and myself included).
* Move all remaining treasury funds to a trusted third party escrow (ie: Poloniex) with occasional distributions to cover bounties (ask for a N-of-M signees for any required releases).

Thanks Jack! I'm going to meditate on the situation, and wait for further input and opinions from the community. I'm in two minds.

I agree that one way to mitigate the 'windfall' problem would be to organise another giveaway, and maybe get the big XORA holders to donate some XORA to the NXT dev team & foundation etc. That would generate more support for ORA, and do something really useful for NXT ongoing funding problems.

Also, from watching the NXT community for a long while now it is obvious to most observers that part of NXT's success to date is partly explained by having committed whales funding needed tasks & people. If we stick with XORA then we would have made people very wealthy, BUT ONLY IF ORA::SHUFFLE WORKS, and that's a very similar situation to the original 73 NXT IPO people: 'You might end up rich, but only if NXT succeeds', and that obviously encouraged enough of them to get involved to get NXT where it is today. ORA *might* experience the same 'motivation' effect.

Time to meditate and see what the subconscious thinks!

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Jack Needles on June 17, 2015, 03:18:41 am
.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 17, 2015, 04:17:57 am
A couple more thoughts on the windfall:

One thing XORA has to be VERY proud of is a GREAT starting distribution.  BUT, I'd hate to see those that sold early miss out on a GOOD THING.

WHAT IF, we did one more round of distribution based upon the INITIAL DISTRIBUTION LIST (889, IIRC?).  Could be funded by treasury and/or XORA whales.  Wouldn't have to be the full 166,666 amount, but something is better than nothing...

(Minus this obvious sock puppet: https://bitcointalk.org/index.php?topic=620518.msg8145910#msg8145910)

This way, nobody is left feeling like they missed the boat...

Thanks Jack, that's another good suggestion to add to the mix!

I think we might need a community vote to settle this eventually
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Jack Needles on June 17, 2015, 04:46:13 am
.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: LocoMB on June 17, 2015, 05:09:08 am

hi Guys!

regardless the pros and cons of re-issuing, do you really want to go through that again?

Regarding trusted escrow == POLONIEX: isn't decentralization all about NOT having to rely on external central parties like that?

Just remember when they announced you had to KYC with them on an EXTREMELY short timeline, and people were not able to withdraw their balances?

Like- send us a passport copy, or all your bitcoin R belong to us?

 I would NOT call that 'Trusted'!
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: jl777 on June 17, 2015, 05:55:30 am

hi Guys!

regardless the pros and cons of re-issuing, do you really want to go through that again?

Regarding trusted escrow == POLONIEX: isn't decentralization all about NOT having to rely on external central parties like that?

Just remember when they announced you had to KYC with them on an EXTREMELY short timeline, and people were not able to withdraw their balances?

Like- send us a passport copy, or all your bitcoin R belong to us?

 I would NOT call that 'Trusted'!
do not send stuff to polo for escrow
I asked to get stuff out, but no response from them yet
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: chanc3r on June 17, 2015, 05:57:32 am
Well I just sent my MIC to the account...
Hopefully I get something back  ;D
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 17, 2015, 07:03:36 am
Well I just sent my MIC to the account...
Hopefully I get something back  ;D

Sure!
We just need to make the decision of how to proceed first.   ;)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: gvans on June 17, 2015, 08:46:00 am

WHAT IF, we did one more round of distribution based upon the INITIAL DISTRIBUTION LIST (889, IIRC?).  Could be funded by treasury and/or XORA whales.  Wouldn't have to be the full 166,666 amount, but something is better than nothing...


If that will happen I'd be happy to chime in with half of my winning logo-bounty, 433,330 ORA :)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 17, 2015, 09:39:36 am
Ok, I've made my decision! This is my opinion, and I'm just one voice.

I've been convinced by Jack's arguments in favor of keeping XORA as is despite the 'decimal malfunction'. My number 1 priority has always been to help make ORA into something useful for the wider crypto movement, and the shuffle idea fits that description perfectly. As Jack has pointed out, the 1:1 ratio does make perfect sense for 'default shuffle coin', and the only real downside is the HUGE windfall gain for existing ORA holders. Will the wider NXT community accept it?

What ORA::shuffle needs most to be successful is:
1- rock solid shuffle tech that 'works'; the utility aspects Jack described that 1:1 produces
2- community support and acceptance as the 'default' shuffle coin

The task then becomes can we use the windfall gain from 1:1 to achieve 2- above (almost universal community support & acceptance for XORA as the go-to shuffle coin). I think we can!!!

With that in mind, if we decide to keep XORA with the 1:1 limitation I'm going to give 10M of my ~14M personal stake in XORA to the NXT foundation (the ORA I purchased on the NXT AE). That doesn't include the ~10M left over from my original 2% 'expense account' which I've already promised as personal bounties to the new people who've volunteered recently to help out, and who literally brought ORA back to life, for which I'm still extremely grateful.

10M XORA would have a notional value of 10M NXT, and one day if ORA::shuffle is successful, it might actually be worth 10M NXT. That's (potentially) very good for the NXT community as a whole, and I feel a personal stake of ~4M XORA (valued notionally at 4M NXT) for myself is more than enough. This split turns the windfall gain into ongoing funding for NXT, and it might help generate more community support for ORA, and that's my ultimate goal. ORA needs support more than anything else to survive, and 10M XORA can help produce that!

Now, this is a personal choice for me that makes sense, and other XORA whales are free to make their own call, so no pressure on anyone, please! There are plenty of other ways to contribute, and some may prefer to keep some 'whale ammo' in reserve for a later date. I can feel my use-by-date is pretty close now, so this feels right for me.

Of course, the community consensus may end up deciding that re-issue is the better option anyway, and I would support that too without any fuss either. I do however feel that the serendipity provided by the 'decimal malfunction' is almost too good to pass-by, and by donating some of the 'windfall' to the NXT community we do have the potential for a win:win of epic proportions.

I vote to keep XORA, despite the 8 decimals.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: barbierir on June 17, 2015, 10:10:36 am
I'm agnostic on this, mainly because I still don't know how shuffling with XORA will actually work. If an high price floor doesn't impact on the functionality and appeal of shuffling with XORA then we can keep it.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: barbierir on June 17, 2015, 10:14:28 am
A couple more thoughts on the windfall:

One thing XORA has to be VERY proud of is a GREAT starting distribution.  BUT, I'd hate to see those that sold early miss out on a GOOD THING.

WHAT IF, we did one more round of distribution based upon the INITIAL DISTRIBUTION LIST (889, IIRC?).  Could be funded by treasury and/or XORA whales.  Wouldn't have to be the full 166,666 amount, but something is better than nothing...

This is a very good idea
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: chanc3r on June 17, 2015, 10:37:06 am
Well I just sent my MIC to the account...
Hopefully I get something back  ;D

Sure!
We just need to make the decision of how to proceed first.   ;)

Well if you don't as advertised in the OP then you just send my MIC back...
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Sebastien256 on June 17, 2015, 10:48:58 am
Imo, XORA will need pretty solid shuffle tech. I mean very easy in and very easy out, ie. with one mouse click and your Nxt are shuffle and send to a target account. I think that is a minimum requirement for XORA adoption.

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: xupxup on June 17, 2015, 01:53:15 pm
I agree with Jack Needles to keep XORA, we can ask for a technical error in good faith or is your destiny to be something bigger in the near future... If we get the consensus of the community for the 1: 1 I will donate 250k XORA for deployment of additional technology, to say an account of the treasury.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: rubenbc on June 17, 2015, 02:48:16 pm
I vote to leave things as they are.

if you work in developing xora can be a fixed value. (1-1 )

for my part I would give 350k XORA for funding

regards
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Jack Needles on June 17, 2015, 03:15:27 pm
.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: fragora on June 17, 2015, 03:33:35 pm
I'm agnostic on this, mainly because I still don't know how shuffling with XORA will actually work. If an high price floor doesn't impact on the functionality and appeal of shuffling with XORA then we can keep it.

I think this point is very important before we jump the gun and find out later that shuffling is impossible or too labour-some with the 1:1 peg
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 17, 2015, 11:01:06 pm
It seems that the majority of opinions here are in favor to continue with XORA currency as it is and even there are pledged some donations for development under these conditions.

If the general opinion doesn't change and/or if nobody comes out with good ponts in favor of reissuing the currency in the next 24 hours. We will resume the distribution of XORA to anyone that sends or sent already ORA/MIC assets to the distribution account in the OP.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: apenzl on June 17, 2015, 11:55:06 pm
Good points all over. I vote for NOT re-issuing XORA.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 17, 2015, 11:56:29 pm
It seems that the majority of opinions here are in favor to continue with XORA currency as it is and even there are pledged some donations for development under these conditions.

If the general opinion doesn't change and/or if nobody comes out with good ponts in favor of reissuing the currency in the next 24 hours. We will resume the distribution of XORA to anyone that sends or sent already ORA/MIC assets to the distribution account in the OP.

+1
We don't want things to drag on too long so a 24 hour deadline for a decision is a good idea.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: MadCow on June 18, 2015, 01:20:45 am
With that in mind, if we decide to keep XORA with the 1:1 limitation I'm going to give 10M of my ~14M personal stake in XORA to the NXT foundation (the ORA I purchased on the NXT AE). That doesn't include the ~10M left over from my original 2% 'expense account' which I've already promised as personal bounties to the new people who've volunteered recently to help out, and who literally brought ORA back to life, for which I'm still extremely grateful.

10M XORA would have a notional value of 10M NXT, and one day if ORA::shuffle is successful, it might actually be worth 10M NXT. That's (potentially) very good for the NXT community as a whole, and I feel a personal stake of ~4M XORA (valued notionally at 4M NXT) for myself is more than enough. This split turns the windfall gain into ongoing funding for NXT, and it might help generate more community support for ORA, and that's my ultimate goal. ORA needs support more than anything else to survive, and 10M XORA can help produce that!

Good idea, 10M XORA for the nxt foundation gets my support!

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: andyatcrux on June 18, 2015, 03:06:45 am
Kora deciding to give up such a chunk of personal stake is very laudable, but I am not surprised that most everyone else is against reissuing. Obviously it is difficult to not be swayed by the bias created from holding 166K XORA pegged at 1:1 with NXT. As someone who did not get in on the action, I am also biased in saying I would love to see a reissue.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 18, 2015, 04:03:33 am
Kora deciding to give up such a chunk of personal stake is very laudable, but I am not surprised that most everyone else is against reissuing. Obviously it is difficult to not be swayed by the bias created from holding 166K XORA pegged at 1:1 with NXT. As someone who did not get in on the action, I am also biased in saying I would love to see a reissue.

Yes, there are some powerful 'motivators' at play here, and to be successful ORA needs almost unanimous community support (i.e. over 90%), so recognising our own biases is very important. The 1:1 windfall is a potential resource, but we need to use it wisely. If we're perceived as greedy we lose support!!!

Remember that many original stakeholders sold their 166K stakes early  (that's how I accumulated my ~14M, and others quite large stacks also), so anybody still holding 166K ORA after over a year showed loyalty to ORA, and in the crypto scene loyalty is a valuable 'commodity'.

Also, there will be plenty more XORA spread around in the near future:
- 10% for SuperNET dividend
- 10% via nxter.org giveaways
- 20.8% in 'shuffle' rewards

There might be other XORA whale initiatives later too, plus 8% in long term community funds. There'll be lots of ways for community members to get some XORA, and I hope you get some andyatcrux!

You do highlight the key issue though - XORA needs almost universal support & acceptance as the default shuffle MS valued at 1 NXT each, and if we believe that the 1:1 windfall will be seen as a negative then we MUST re-issue.

BUT, if we're smart, and we use the windfall wisely to genuinely help NXT organisation and development (i.e. the ORA flea gives the NXT dog a blood transfusion), and we spread XORA around in a way that's genuinely regarded as 'fair' and 'beneficial' ... then ... we *might* succeed.

It's a great test for decentralised decision making!
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: andyatcrux on June 18, 2015, 05:08:57 am
Thanks for your response, you seem very sensible and it seems whatever is decided will be done with careful consideration. I will be watching this project closely and and look forward to seeing it have some further success.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: atchoum6760 on June 18, 2015, 07:51:52 am


Remember that many original stakeholders sold their 166K stakes early  (that's how I accumulated my ~14M, and others quite large stacks also), so anybody still holding 166K ORA after over a year showed loyalty to ORA, and in the crypto scene loyalty is a valuable 'commodity'.

I have my original stakeholder  :-* I just want change now for the xora  ;)


Transaction: 5942530403831538674 
Timestamp   15-Jun-2015 08:16:37
Height   451122 / 2366 confirmation(s)
Block ID   17285981245461016011
Amt + Fee   0 + 1 NXT
Sender   
Recipient    NXT-E26D-DMFT-N8XV-37PBS
Type   Asset Exchange
Subtype   Asset Transfer
QuantityQNT   
178486
Asset   
16194910134118257692 (ORA)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: xcn on June 18, 2015, 08:11:18 am
Hi!
Sent my ORA to NXT-E26D-DMFT-N8XV-37PBS and PMed Kora.

tx:16336948782529787042

waiting...
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: rubenbc on June 18, 2015, 10:21:28 am
Kora deciding to give up such a chunk of personal stake is very laudable, but I am not surprised that most everyone else is against reissuing. Obviously it is difficult to not be swayed by the bias created from holding 166K XORA pegged at 1:1 with NXT. As someone who did not get in on the action, I am also biased in saying I would love to see a reissue.

Yes, there are some powerful 'motivators' at play here, and to be successful ORA needs almost unanimous community support (i.e. over 90%), so recognising our own biases is very important. The 1:1 windfall is a potential resource, but we need to use it wisely. If we're perceived as greedy we lose support!!!

Remember that many original stakeholders sold their 166K stakes early  (that's how I accumulated my ~14M, and others quite large stacks also), so anybody still holding 166K ORA after over a year showed loyalty to ORA, and in the crypto scene loyalty is a valuable 'commodity'.

Also, there will be plenty more XORA spread around in the near future:
- 10% for SuperNET dividend
- 10% via nxter.org giveaways
- 20.8% in 'shuffle' rewards

There might be other XORA whale initiatives later too, plus 8% in long term community funds. There'll be lots of ways for community members to get some XORA, and I hope you get some andyatcrux!

You do highlight the key issue though - XORA needs almost universal support & acceptance as the default shuffle MS valued at 1 NXT each, and if we believe that the 1:1 windfall will be seen as a negative then we MUST re-issue.

BUT, if we're smart, and we use the windfall wisely to genuinely help NXT organisation and development (i.e. the ORA flea gives the NXT dog a blood transfusion), and we spread XORA around in a way that's genuinely regarded as 'fair' and 'beneficial' ... then ... we *might* succeed.

It's a great test for decentralised decision making!


I couldn't participate in the initial distribution .
I was accumulating while selling huge quantities, buying little by little, anyone could do  . I bet by this community like many of us .

by mistake , by luck or fate, we met on this train.
let's do it big! ;)

a greeting :D

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 18, 2015, 11:40:27 am
I've started a poll to help us make the decision!

https://nxtforum.org/ora/ora-community-vote-xora-re-issue/

edit: I say we assess the result in 24 hours and then make the decision
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 18, 2015, 08:31:48 pm
It seems that the majority of opinions here are in favor to continue with XORA currency as it is and even there are pledged some donations for development under these conditions.

If the general opinion doesn't change and/or if nobody comes out with good ponts in favor of reissuing the currency in the next 24 hours. We will resume the distribution of XORA to anyone that sends or sent already ORA/MIC assets to the distribution account in the OP.

+1
We don't want things to drag on too long so a 24 hour deadline for a decision is a good idea.


Can we have a bit longer deadline to decide than that? As one of the treasures I want to be sure to understand the problem and the proposed solutions.

Also, if we do re-issue Ora... I suggest we come do two things...

1. Come up with a MS currency name that is more indicative of the shuffle base concept and primary use.
2. Issue a 3 Digit MS currency. I know this isn't cheap but I think we could get enough contributions to cover it.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 18, 2015, 08:33:06 pm
Kora deciding to give up such a chunk of personal stake is very laudable, but I am not surprised that most everyone else is against reissuing. Obviously it is difficult to not be swayed by the bias created from holding 166K XORA pegged at 1:1 with NXT. As someone who did not get in on the action, I am also biased in saying I would love to see a reissue.

Also, wasn't BTC nexts concept that NXT tokens would fade into the background and Currencies would be the day to day token... pegging Ora to 1 NXT also keeps the value down doesn't it?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 18, 2015, 08:39:12 pm
<cross posted to the other thread too>
I have another idea that might be stupid, or might work.

What if we issue an asset with as many tokens as ORA, but make it divisible. The Asset::XORA price would always be 1:1 but the asset could be bought/sold for less than 1 NXT that way.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 18, 2015, 08:47:29 pm
It seems that the majority of opinions here are in favor to continue with XORA currency as it is and even there are pledged some donations for development under these conditions.

If the general opinion doesn't change and/or if nobody comes out with good ponts in favor of reissuing the currency in the next 24 hours. We will resume the distribution of XORA to anyone that sends or sent already ORA/MIC assets to the distribution account in the OP.

+1
We don't want things to drag on too long so a 24 hour deadline for a decision is a good idea.


Can we have a bit longer deadline to decide than that? As one of the treasures I want to be sure to understand the problem and the proposed solutions.

Also, if we do re-issue Ora... I suggest we come do two things...

1. Come up with a MS currency name that is more indicative of the shuffle base concept and primary use.
2. Issue a 3 Digit MS currency. I know this isn't cheap but I think we could get enough contributions to cover it.

Thanks Pilot, this is such a BIG decision, so maybe we do need longer for people to think over the consequences either way and have their views heard. How long were you thinking?

Also, your suggestions for names if we do re-issue are good! I agree we should get a 3-char name (I'll cover the 25K fee)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 18, 2015, 08:53:33 pm
<cross posted to the other thread too>
I have another idea that might be stupid, or might work.

What if we issue an asset with as many tokens as ORA, but make it divisible. The Asset::XORA price would always be 1:1 but the asset could be bought/sold for less than 1 NXT that way.

Interesting idea! What would give the Asset::XORA value? I'm always open to consider every suggestion, so thanks for making it :)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 18, 2015, 09:02:05 pm
<cross posted to the other thread too>
I have another idea that might be stupid, or might work.

What if we issue an asset with as many tokens as ORA, but make it divisible. The Asset::XORA price would always be 1:1 but the asset could be bought/sold for less than 1 NXT that way.

Interesting idea! What would give the Asset::XORA value? I'm always open to consider every suggestion, so thanks for making it :)

We could back it with the treasury account.... or the account that issues the XORACommon. So basically the MS would be the "Prefered" stock and the Asset would be the "common stock".

The account would issue the asset with the same population as Ora.

The only thing I'm not sure of, is it possible to exchange an Asset for an MS on the exchange? I expect not so we would have to set up some way to do it, sort of like the MGW... you send XORA currency to the account and it sends you XORAAsset and vice versa. We would just have to find some way to cover the tx fees. Perhaps we charge a small fee to do the exchange.

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 18, 2015, 09:31:00 pm
<cross posted to the other thread too>
I have another idea that might be stupid, or might work.

What if we issue an asset with as many tokens as ORA, but make it divisible. The Asset::XORA price would always be 1:1 but the asset could be bought/sold for less than 1 NXT that way.

Interesting idea! What would give the Asset::XORA value? I'm always open to consider every suggestion, so thanks for making it :)

We could back it with the treasury account.... or the account that issues the XORACommon. So basically the MS would be the "Prefered" stock and the Asset would be the "common stock".

The account would issue the asset with the same population as Ora.

The only thing I'm not sure of, is it possible to exchange an Asset for an MS on the exchange? I expect not so we would have to set up some way to do it, sort of like the MGW... you send XORA currency to the account and it sends you XORAAsset and vice versa. We would just have to find some way to cover the tx fees. Perhaps we charge a small fee to do the exchange.

I do not like the idea of the pegged asset. It makes the usage of the shuffing unnecessarily more expensive in terms of NXT fees.

I also agree to extend the 24 hours to think and discuss this issue better. I only proposed the 24 hours in order to push this forward. There is people that sent ORA and MIC assets to the distribution account a few days ago and they are waiting to receive the currency.

If this decision keeps getting delayed, we will return the assets MIC and ORA to anyone that requests it.

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 18, 2015, 09:52:03 pm
Opening post updated
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: jl777 on June 19, 2015, 12:41:08 am
<cross posted to the other thread too>
I have another idea that might be stupid, or might work.

What if we issue an asset with as many tokens as ORA, but make it divisible. The Asset::XORA price would always be 1:1 but the asset could be bought/sold for less than 1 NXT that way.

Interesting idea! What would give the Asset::XORA value? I'm always open to consider every suggestion, so thanks for making it :)

We could back it with the treasury account.... or the account that issues the XORACommon. So basically the MS would be the "Prefered" stock and the Asset would be the "common stock".

The account would issue the asset with the same population as Ora.

The only thing I'm not sure of, is it possible to exchange an Asset for an MS on the exchange? I expect not so we would have to set up some way to do it, sort of like the MGW... you send XORA currency to the account and it sends you XORAAsset and vice versa. We would just have to find some way to cover the tx fees. Perhaps we charge a small fee to do the exchange.
MScoins are basically assets (assuming the transferCurrency API is not disabled due to issuance options)
InstantDEX will support MScoins
InstantDEX will allow asset <-> MScoin or MScoin <-> NXT

As far as precision, cant get any arbitrary price, but I am doing a small brute force search of nearby price/volume combos to get as close to the price as possible. Trade bundles of 100+ XORA and you can get 1 digit precision, 1000+ XORA and 2 digits, etc.

the reason is due to the property of integer ratios, ie A/B, (A+1)/B, A/(B+1) these all change the price, substitute the "1" with bigger numbers to get larger search range, but the most important is the relative starting ratio of A and B

So if A is 3 and B is 2, we have a price of 1.5

you want 1.75? then it would be 7 of A and 4 of B. See, we get decimals even though we cant with just 1 XORA

And when the A and B are determined for the two things, an atomic swap using transferAsset, transferCurrency is used

James

(http://i.imgur.com/HX3Ohj2.png)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: jl777 on June 19, 2015, 12:50:05 am
as you can see from above price decimals is not an issue, there is no need to reissue. Just trade 100+ XORA at a time

Can someone verify that transferCurrency call works with XORA? That is all that is needed for XORA <-> anything support

So it wont be pegged to anything and be able to trade at market value, without reissuing

James
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 19, 2015, 01:16:57 am
as you can see from above price decimals is not an issue, there is no need to reissue. Just trade 100+ XORA at a time

Can someone verify that transferCurrency call works with XORA? That is all that is needed for XORA <-> anything support

So it wont be pegged to anything and be able to trade at market value, without reissuing

James

Thanks James! So the only issue is not being able to exchange in the NRS exchange booth, and we don't have the 'wiindfall' to deal with? If it's that simple then I think we're OK!!

It's the windfall that troubles me the most.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 19, 2015, 08:58:31 am
as you can see from above price decimals is not an issue, there is no need to reissue. Just trade 100+ XORA at a time

Can someone verify that transferCurrency call works with XORA?


James


Yes, it works. I wrote a javascript that uses the NRS API and already distributed XORA to +100 accounts before it went on hold.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 20, 2015, 01:25:33 am
What was the MIC to XORA conversion rate?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: maxll on June 20, 2015, 06:40:32 am

So the only issue is not being able to exchange in the NRS exchange booth


I think it is a serious issue.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 20, 2015, 07:28:47 am
What was the MIC to XORA conversion rate?

Darkhorse had a rate of 1MIC=0.22 XORA, but that was when we were assuming we would be 'assimilating' a lot more coins, not just MIC. I later proposed we doubled the rate to 1MIC=0.5 XOR in my suggested distribution in my 'roadmap', but that was just to get some discussion going. I think the treasurers should consider the distribution I suggested as 'flexible'.

You can follow my thoughts on the distribution (including MIC) in this post:
https://nxtforum.org/ora/(ann)oranxt-ms-currency'shuffling'-for-nxtjl777-involvedanon-fungibility/msg175972/#msg175972
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 20, 2015, 07:35:32 am

So the only issue is not being able to exchange in the NRS exchange booth


I think it is a serious issue.

+1
It's a serious issue for sure!! That's why we're having a vote, and encouraging discussion. Can you expand a little, how do you feel about XORA being tradeable on InstantDEX for example? XORA will be one of the first traded MS coins on InstantDEX (maybe the first??), that's exciting, but yes, the loss of NRS exchange booth trade has implications too. Some good, some bad.

The connection with InstantDEX is unambiguously good though.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 20, 2015, 08:31:08 pm
What was the MIC to XORA conversion rate?

Darkhorse had a rate of 1MIC=0.22 XORA, but that was when we were assuming we would be 'assimilating' a lot more coins, not just MIC. I later proposed we doubled the rate to 1MIC=0.5 XOR in my suggested distribution in my 'roadmap', but that was just to get some discussion going. I think the treasurers should consider the distribution I suggested as 'flexible'.

You can follow my thoughts on the distribution (including MIC) in this post:
https://nxtforum.org/ora/(ann)oranxt-ms-currency'shuffling'-for-nxtjl777-involvedanon-fungibility/msg175972/#msg175972

Ok, I was curious because I got 1 for 2... more than I expected. I'm happy with that, but wanted to make sure it wasn't a mistake.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 20, 2015, 08:43:05 pm
So, did any of the Kora/Ora guys issue SHUF?

"The default currency for Coin Shuffling - Protect your privacy with completely decentralized mixing"

Not sure what makes something, in a decentralized crypto coin system the "default"... but ok. Or is this something being used in Core?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 20, 2015, 09:35:24 pm
as you can see from above price decimals is not an issue, there is no need to reissue. Just trade 100+ XORA at a time

I don't understand this. In the exchange booth, the rate is per unit, I can't offer 10 NXT for 100 XORA for example. You must be exclusively talking about InstaDEX?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on June 20, 2015, 09:42:09 pm
Ok, I've made my decision! This is my opinion, and I'm just one voice.

So, after reading all the MS Currency documentation and playing with the Exchange booth... I think the best thing to do is spend the 40 NXT to reissue XORA with 0 or 2 or 4 decimals. That hardest part here will be that the issuing account needs to have 100% of the currency.

Barring that, we create a new 3 digit currency with 0/2/4 decimals (so exchange booth will allow partial NXT rate buy/sell) and re-distribute following the same rules that was already established.

So, re-call, re-issue, replace.

or

Create new currency, re-distribute.

The biggest issue here is if anyone has exchange a large amount for NXT. Although, it doesn't look like that happened.


Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on June 20, 2015, 10:47:43 pm
What was the MIC to XORA conversion rate?

Darkhorse had a rate of 1MIC=0.22 XORA, but that was when we were assuming we would be 'assimilating' a lot more coins, not just MIC. I later proposed we doubled the rate to 1MIC=0.5 XOR in my suggested distribution in my 'roadmap', but that was just to get some discussion going. I think the treasurers should consider the distribution I suggested as 'flexible'.

You can follow my thoughts on the distribution (including MIC) in this post:
https://nxtforum.org/ora/(ann)oranxt-ms-currency'shuffling'-for-nxtjl777-involvedanon-fungibility/msg175972/#msg175972

Yes, since nobody made objection about your last distribution proposal (quoted below) I had distributed XORA following it, with a 2 to 1 conversion for MIC and 1 to 1 conversion for ORA asset.

10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

as you can see from above price decimals is not an issue, there is no need to reissue. Just trade 100+ XORA at a time
I don't understand this. In the exchange booth, the rate is per unit, I can't offer 10 NXT for 100 XORA for example. You must be exclusively talking about InstaDEX?

If I understood this correctly, James means that we will be able to trade XORA with fractions of NXT in instantDEX always that we trade junks of +100 XORA



So, did any of the Kora/Ora guys issue SHUF?

"The default currency for Coin Shuffling - Protect your privacy with completely decentralized mixing"

Not sure what makes something, in a decentralized crypto coin system the "default"... but ok. Or is this something being used in Core?



No idea, that was not me..


Ok, I've made my decision! This is my opinion, and I'm just one voice.

So, after reading all the MS Currency documentation and playing with the Exchange booth... I think the best thing to do is spend the 40 NXT to reissue XORA with 0 or 2 or 4 decimals. That hardest part here will be that the issuing account needs to have 100% of the currency.

Barring that, we create a new 3 digit currency with 0/2/4 decimals (so exchange booth will allow partial NXT rate buy/sell) and re-distribute following the same rules that was already established.

So, re-call, re-issue, replace.

or

Create new currency, re-distribute.

The biggest issue here is if anyone has exchange a large amount for NXT. Although, it doesn't look like that happened.

Recalling all the XORA back to the treasury is going to be now impossible since it is already distributed to +100 stakeholders. Therefore we were discussing about 3 main path to follow:

1- Continue with XORA as it is. There is a limitation with the exchange booth, XORA was issued with 8 decimals and now it is not possible to trade it for fractions of NXT. However, James says that this will not be a problem with instantDEX. It will be possible to trade XORA there for fractions of NXT.

2- Peg XORA to 1 NXT so we can use the NRS exchange booth.

3- Make XORA unofficial and issue a new official ORAcoin and redistribute it to XORA stakeholders and to users that send MIC and ORA assets for redemption.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on June 21, 2015, 02:35:23 am
So, did any of the Kora/Ora guys issue SHUF?

"The default currency for Coin Shuffling - Protect your privacy with completely decentralized mixing"

Not sure what makes something, in a decentralized crypto coin system the "default"... but ok. Or is this something being used in Core?

Forum user barbierir created "Shuffle" MS (code SHFL) and then sent me a PM to kindly offer it to the community in case we decide to re-issue. barbierir also registered 'XORA' and 'ORAPROJECT' aliases on our behalf and offered to transfer them over to the community treasury account also. It's good to secure some of these MS names even if we don't use them, to avoid confusion, especially when name confusion is a known scam trick.

I do think it would be one of the main advantages of sticking with 'XORA' where the vast majority of trade will necessarily happen on InstantDEX where (I assume) James & co. can block obvious scam assets and MS coins with names designed to mislead people. On the NRS exchange booth and asset exchange that's not possible, but *maybe* on InstantDEX it is. I might be wrong about that and I guess we'll know soon enough after InstantDEX is released.

The 'shuffle' tech obviously needs a lot of liquidity to work reliably for anon mixing, so having the market concentrated at one major exchange might have advantages, especially as James will be overseeing the suffle tech itself. Our chances of getting enough liquidity for the ORA MS, and a user-friendly shuffle experience that 'works' straight off the bat are going to be improved greatly if the exchange & the shuffle tech work together seamlessly, and by keeping XORA with trade happening mostly on InstantDEX, and James helping us with the shuffle tech - it feels like a complete package IMO.

I'm not sure about SHUF though.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: JohnHolmes on June 21, 2015, 02:51:11 am

Recalling all the XORA back to the treasury is going to be now impossible since it is already distributed to +100 stakeholders. Therefore we were discussing about 3 main path to follow:

1- Continue with XORA as it is. There is a limitation with the exchange booth, XORA was issued with 8 decimals and now it is not possible to trade it for fractions of NXT. However, James says that this will not be a problem with instantDEX. It will be possible to trade XORA there for fractions of NXT.

2- Peg XORA to 1 NXT so we can use the NRS exchange booth.

3- Make XORA unofficial and issue a new official ORAcoin and redistribute it to XORA stakeholders and to users that send MIC and ORA assets for redemption.

+1

The vote has to be one of those options
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: MrCluster87 on June 21, 2015, 07:33:23 am
Hi guys!! I wish you all the best for this coin-shuffle tech.

But this are my thoughts on the topic. I am not a developer so forgive me if I say silly things.

I made a little research on the so called "anon coin" and here is what I found out:

1) One of the best are Boolberry (http://boolberry.com/) and Dashcoin (http://dashcoin.net/). What do they have in common? They use CryptoNote tech. So I suggest Nxt Dev to integrate that tech to the main code.

2) If you want to adopt the shuffle method I suggest to look at Anoncoin (https://www.anoncoin.net/). What  is the underline tech? Zerocoin (https://wiki.anoncoin.net/Zerocoin)

So I don't get the point of distribute these XORA tokens to some users...

If you want to become the "official shuffle coin" and Nxt Dev agreed on that, I would like to see on the main wallet a tag that says "anonimize" and after a warning message and the transaction fee just do the job.

No need for me as a user to go to the Monetary System "exchange booth". Otherwise I will just choose the SuperNet client and use BitcoinDark (http://bitcoindark.pw/bitcoindark-and-nxt-1-0-vs-2-0/).

If these tokens have to be somewhere, they should be in a "genesis block account" like. Not distributed.

The XORA Dev should be then compensated with a NXT bounty, of corse.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 04, 2015, 01:25:41 pm
(http://i57.tinypic.com/2hqqql4.png)ORA is reborn!


Code: XOS
Name: ORAshuffle
Birthdate: 4th July 2015

Distribution is now resumed.

Redemption of ORA and MIC assets will last 3 month starting from today until 4th October 2015.

XOS is already distributed to the following accounts that sent ORA and MIC assets for currency redemption:

Code: [Select]
        ACCOUNT                                 AMOUNT     TRANSFER
1- NXT-6ANL-QC7T-HP4U-5EELL 2493392 10884944237470739611
2- NXT-JA72-Q7HW-3V8M-AFPMK 166666 11210729160328098455
3- NXT-B829-E4TM-284A-CXF64 166666 8541683718026816105
4- NXT-UVSR-CAS6-9VSJ-B3T3Z 166666 15061046339080024442
5- NXT-F62Y-PY96-AR5A-DLJMG 166666 1642577612745267473
6- NXT-BVM5-J25T-G3T2-2KWYR 622532 17177801780636521635
7- NXT-7G7H-BE28-B967-FTBWW 895 12371582724403632796
8- NXT-KC47-46KK-GLLS-DSM6C 500000 9647078411944792942
9- NXT-N4PS-NP2D-H97D-72BGS 166666 5475755927243385383
10- NXT-ZV69-C2DP-SJQG-73PJT 166666 5071748040121269104
11- NXT-YYYY-8P2Q-8FMV-9AR2B 89000 10192526578876135714
12- NXT-3UJ6-6HUR-SAXS-3DJBQ 166666 2665364614176498876
13- NXT-FKSF-53F7-TQ2A-GJHU9 3089228 7912438791183825989
14- NXT-97WB-F3BH-SASQ-ECY2G 405500 9024310441329197006
15- NXT-97WB-F3BH-SASQ-ECY2G 35000 3738407340185183711
16- NXT-GMGT-XDNQ-2LXX-HWQ3F 11535000 17156854920081780284
17- NXT-B5T3-ZTUQ-NWGM-BL3B8 14273446 4634043831566912510
18- NXT-D9D3-9Q2F-QBYM-4C6TQ 549842 10673586275521531454
19- NXT-C3PZ-DGE9-XSGH-5AGZE 168976 11493658064335204087
20- NXT-B6UG-NU5R-86NR-CC87D 168976 7711554272597142709
21- NXT-2L4G-2KTP-7YKJ-HZNJY 98900 11873924072558016486
22- NXT-UDHN-A4VD-JMWP-GQY57 1325250 1952124312167596599
23- NXT-9JCJ-3AAV-GQYX-FBUWV 2000 7230644168045388303
24- NXT-WWCQ-C96D-KXEU-CRJDS 1877043 12416072714574538752
25- NXT-JNES-HJ86-KNXQ-AQ33Z 2588999.5 10877725914409211024
26- NXT-4EAQ-UHPR-M7RE-9MSLM 549174 5516956815118082863
27- NXT-NQRQ-SWUE-85TF-6725E 1812866 1986953001913681958
28- NXT-NN9G-2FMD-XKNZ-CJGVA 802259 11265418734933366166
29- NXT-NYRH-2ANP-BWG5-8LF8P 166666 17930945445976624524
30- NXT-2L4G-2KTP-7YKJ-HZNJY 500000 5079180902433351760
31- NXT-ZGCD-3Z6V-T7CX-HFPFU 149999 3998297223463767509
32- NXT-ZGCD-3Z6V-T7CX-HFPFU 44500 9217312801894732003
33- NXT-UDHN-A4VD-JMWP-GQY57 127500 17096666451407509370
34- NXT-NRMK-J5SA-QXM5-F6S29 166666 17470876298941252675
35- NXT-7SY5-7JLA-KNN6-23TUA 121666 13409851833165853411
36- NXT-7SY5-7JLA-KNN6-23TUA 30000 11465031837350303223
37- NXT-7SY5-7JLA-KNN6-23TUA 15000 2718430049390123439
38- NXT-M84B-QXNY-WTDG-GHHCR 60982 7922823093855070469
39- NXT-RNW6-EHML-HTTD-2S5QH 160000 735555604769764056
40- NXT-4EAQ-UHPR-M7RE-9MSLM 925326 5287610875689316886
41- NXT-SQBJ-6RU2-G6U6-9LRJD 1600000 11405941782992252118
42- NXT-RHNG-8DNX-4F76-D6XKV 1000 513482998525301119
43- NXT-F666-C3Z2-V2XH-9AXMK 166666 9240499795932478927
44- NXT-XNA4-UER9-EFWT-FRJ2M 23039 1592527138900683504
45- NXT-DYE3-GQK7-C7WU-DQZ7D 166666 5330558915435478094
46- NXT-W3TA-MLST-5HCM-EAXKX 166666 6082741928414207149
47- NXT-7LUC-22LJ-5WJ4-22222 171666 1148468724961922607
48- NXT-THV5-5X72-B4MU-BJ5NW 89000 17248180621779936604
49- NXT-Z753-VAW4-GS3D-3WJ4W 1003698 13320144373864787779
50- NXT-VZSN-9MBJ-USRE-FEKSW 166666 17252274140660149440
51- NXT-874M-PS35-SCQB-8UCDX 166666 12510119529566563549
52- NXT-J593-KAHJ-WFB8-8VHW2 166666 13960244214377298712
53- NXT-ZBJ5-FU9M-E8BN-HCXJX 166666 16114786987862519403
54- NXT-T6XN-KVAB-L7Y4-AGZJ9 44500 9308311081890145644
55- NXT-T6XN-KVAB-L7Y4-AGZJ9 166666 4901554124597349299
56- NXT-RTYD-LJXQ-EPNJ-H7AQ5 170666 2395284582788567735
57- NXT-U9TW-3GL7-YRFZ-DTH7P 166666 17417601474931917000
58- NXT-3REC-EVRD-YPDB-CA43C 166666 944954179421017097
59- NXT-HFDR-QWR3-RBC8-2VBG4 166666 5977698322083041798
60- NXT-4CS7-S4N5-PTH5-A8R2Q 1468500 16808163045229492775
61- NXT-A4F9-B2PW-HZ4V-6L5BH 166666 2906000953652247587
62- NXT-4QV6-79GB-QEXB-5FD6H 166666 2994557344903971855
63- NXT-Q2AB-ZX9C-YZRL-GZYLL 166666 8890694991899404390
64- NXT-HMV8-VPUN-LE83-9LQVP 166666 15130792823537209194
65- NXT-TCJK-7JG5-5RZV-BNDZ9 166666 17820887106033141102
66- NXT-KJVL-62A4-L5Z6-38RJ7 166666 15846772979860660558
67- NXT-Q5M9-BF3R-JH6Y-2SD7M 166666 11147567591242094853
68- NXT-LHVV-9ES7-RVHU-3R7HG 4500 12949407521552762793
69- NXT-GVHS-X4MC-XV2M-CTN73 45261 7662947149731626518
70- NXT-ZKSX-U6YT-J4AM-HX2RS 166666 1788480802211978292
71- NXT-9M9E-4U37-3S35-6LTTZ 166666 13575552021070035416
72- NXT-TJG2-7TT8-8DK6-EKM6P 89000 12707057249389100181
73- NXT-HFGU-SKRB-5S5T-6EKT4 2908645 1596777040982137871
74- NXT-4EAQ-UHPR-M7RE-9MSLM 209539 8641522596500975474
75- NXT-L8EV-EMP8-7VE8-88WWL 2004001 17971327089255754931
76- NXT-FK5G-7QST-A4U5-DXY5G 44500 12915369629879000176
77- NXT-BD4N-J9BK-9YSW-5Z6GL 44500 4182830802679220002
78- NXT-XDWR-2M7J-S6SE-F9HAM 534000 4153715082229993538
79- NXT-BK2J-ZMY4-93UY-8EM9V 106666 8959992920106111402
80- NXT-WMUF-7TQD-4N4J-G62SX 500 14110088565973903878
81- NXT-UDHN-A4VD-JMWP-GQY57 50000 14959771755551279092
82- NXT-JWAT-4JNV-57UV-DN6DL 107 2348898536386655250
83- NXT-X28X-FJEK-6ZDP-3M5XU 142000 1387158579352435477
84- NXT-S8VH-FNMK-P8BF-DKZW5 44500 6113414463190325985
85- NXT-YZKK-FBRT-UGKD-GUV92 712000 5825242391091629849
86- NXT-W4JL-DZXS-9K9V-CPDQ4 178000 5574239303582638626
87- NXT-BF6M-R2TF-3XWH-GA3LZ 89000 5145615594331039996
88- NXT-WTS8-HP56-9HRA-H6HVD 89000 12896754357668526684
89- NXT-QUCJ-BDXQ-UCQP-C6Q8D 170666 1891569524248445148
90- NXT-EUDJ-RU5A-Z8US-4PSJV 231108 5186202422556437419
91- NXT-9YWE-MEYB-974P-646R2 170666 4511184947294678828
92- NXT-FQV4-V8NS-HGQH-FHW97 44500 10352367868597030087
93- NXT-L6CZ-NX4Q-6BQH-HN88R 306000 362239742412087616
96- NXT-MAEF-Y5ND-K63M-4ZPCG 2420200 4032050366414216553
97- NXT-MAEF-Y5ND-K63M-4ZPCG 294309 14650257583797757729
98- NXT-BZD7-EEV8-BZS7-CQQXB 105 6850862884545533912
99- NXT-YYYY-8P2Q-8FMV-9AR2B 1134500 2993207745076041344
100- NXT-KQBD-ZKSP-UKBT-7SM3E 3311812.5 7584824672006672217
101- NXT-KQBD-ZKSP-UKBT-7SM3E 2890344 957770059884714732
102- NXT-5ZCV-KNGM-W5QK-HJ8FN 1824000 4652087055320342017
103- NXT-5ZCV-KNGM-W5QK-HJ8FN 166666 180697080335893751
104- NXT-M5JR-2L5Z-CFBP-8X7P3 166666 16785632895476959392
105- NXT-NRGJ-86TR-QBUU-D2C3S 166666 17989999215876112117
106- NXT-G8BT-FHN8-SZQG-G3FRC 50000 6091874470865917812
107- NXT-BGFS-T9VJ-SJ5G-FNHJK 44500 12632681300525861033
108- NXT-N8U7-TU6Z-HU3S-759Y7 5000 2457953902231030804
109- NXT-N8U7-TU6Z-HU3S-759Y7 662500 4036703755588194530
110- NXT-XF29-9RNC-TTK3-HR7T6 170666 1164950878892556684
111- NXT-2AHU-UXZW-K9Q2-HENLW 50000000 16624137963693840935
112- NXT-QUQF-AUA5-X7YA-4VNBP 1000000 17569395328684756495
113- NXT-KHKB-6RCZ-FAWP-7E7H2 5033266 13223766069824158174
114- NXT-2DSM-57HC-ST28-7D7H5 166666 17859780399963827502
115- NXT-RV5Q-SGKL-XHPX-3G3UV 191666 9569313383576564520
116- NXT-FLVS-VRBV-LDPD-6DZ9W 250000 5676669918171283634
117- NXT-FLVS-VRBV-LDPD-6DZ9W 399364 5458446628676722232
118- NXT-U965-7THF-F9VQ-HKCZY 168976 7452186004371741570
119- NXT-KC47-46KK-GLLS-DSM6C 165000 334776572266721744
120- NXT-KC47-46KK-GLLS-DSM6C 510998 17862819561092927283
121- NXT-6RKA-ZVFL-VBS6-7D2EP 521665 12489921219709080224
122- NXT-YYYY-8P2Q-8FMV-9AR2B 173976 9791026853689734216
123- NXT-LAEW-Y8GS-BWQX-BX2Z5 166666 5981303148436982720
124- NXT-BYRU-8NKZ-PEYJ-9E6YQ 166666 5040886494004339782
125- NXT-P5JJ-YSAL-G6N7-7WL2N 3807503 17681200105445213157
126- NXT-83EL-JGBK-3HL5-6QNEX 1138307 12928894733326911342
127- NXT-GWFG-JAPF-8AZG-4P5R5 4180954 15940190897414203710
94- NXT-53EB-6WSS-BAGG-39UXP 100000 9822034720846175608
95- NXT-EPSG-46SM-HL4T-CAXN6 52 9897126699957680021

1- NXT-7EH9-8A6C-S6LA-GBNDJ 166666 4962593534766662713
2- NXT-KMA3-SBRT-3KUV-7BDVB 166666 14113420107939168524
3- NXT-XS2D-NXHX-5R4Y-DRBD3 166666 905638526317871206
4- NXT-MVGA-GQF7-CJBZ-2NYER 166666 11604044850551493007
5- NXT-K3QP-HVGS-7KR6-FV7QK 45614670 11998801958540402453
6- NXT-NNBQ-NXU8-8R7E-3TG5M 5000 10702531755027698558
7- NXT-234E-3WCH-RN8G-DPHCT 5000000 16173933686559107671
8- NXT-J592-E74L-UVSQ-ALXW3 55220 419174568185520956
9- NXT-44Y5-XD7T-EBBA-BXYR2 166666 12596437736292546117
10- NXT-WMUF-7TQD-4N4J-G62SX 85000 3747034842210977072
11- NXT-J5NJ-5DQG-PL7W-9SNFZ 101 15892178589260492483
12- NXT-JTA7-B2QR-8BFC-2V222 1088000 11065886306214169890
13- NXT-H39G-4JG6-Z3NS-FBK7L 166666 1436312408555567967
14- NXT-BPZH-L5JZ-TS9Q-6RVTM 1385610 16290293219727020527
15- NXT-B2VY-2MRB-MQGM-42EWY 1187500 14195635272830894164
16- NXT-8RXS-2SSK-RNF2-HSNL8 227498.5 2887484484715557699
17- NXT-YZKK-FBRT-UGKD-GUV92 44500 3360666635601645978
18- NXT-UDHN-A4VD-JMWP-GQY57 11500 16615237500631122185
19- NXT-YJ25-HTWF-N8RR-4TJAY 370000 12511431326752904664
20- NXT-3KVZ-NF4B-36V2-7B9YA 738000 5034200494735855526
21- NXT-XLR8-66PW-253Z-3T5M8 5420504 8444835309430239205
22- NXT-XLR8-66PW-253Z-3T5M8 178486 1111895628348382323
23- NXT-UR5H-5X5B-JB7P-6EZBL 400500 11020320617428115193
24- NXT-DFDV-58KQ-LTD7-9XC9T 523714 3875325385477398859
25- NXT-TNEN-GQAE-TP67-8HQ8L 152467 4498927249770399472
26- NXT-XRTD-RMZT-B3ZF-CEZRW 12500 8560705695764339226
27- NXT-XRTD-RMZT-B3ZF-CEZRW 37750 8971043116333690516
28- NXT-DHFS-JPHW-EZDZ-8K9DH 12500 2625368365197695982
29- NXT-EAVH-SLEV-KSEE-EE2KP 15326750 10538445921730674757
30- NXT-C9D2-YCVX-DGGY-8QMBL 110000 15108107003759394945
31- NXT-UWJU-XXST-3MPQ-2JWG7 1391000 10567746893806895807
32- NXT-UWJU-XXST-3MPQ-2JWG7 216666 8299841621826499577
33- NXT-JDPZ-YFSK-QTSE-9A94C 55510 18001194041899729687
34- NXT-PJ4S-P5MU-LFBV-6ARBY 166666 15627308785678771565
35- NXT-M8R2-7NVN-GLDE-BX2KN 44500 408481906311782479
36- NXT-M8R2-7NVN-GLDE-BX2KN 205 18303687095616385557
37- NXT-VP6V-H2DE-U5GA-HZGH5 44500 15511869054366636003




Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 04, 2015, 01:29:35 pm
OP updated
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: apenzl on July 04, 2015, 01:42:45 pm
Happy re birthday!

ORA + MIC redemption for OS X sorry! XOS received.  ;D

Well done, you rock.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Snail2 on July 04, 2015, 05:41:25 pm
Is the redemption address the same as before (NXT-E26D-DMFT-N8XV-37PBS)?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 04, 2015, 05:47:11 pm
Is the redemption address the same as before (NXT-E26D-DMFT-N8XV-37PBS)?

Yes.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: atchoum6760 on July 04, 2015, 05:48:39 pm
XOS received thanks nxter good job.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: chanc3r on July 04, 2015, 09:57:27 pm
well done... glad to see this finally moving... and thanks for the efficient redemption
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: MCoin on July 05, 2015, 10:08:05 am
10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

Am I right, that 10% will be sent to supernet holders? - and is there a 'snapshot' date for this? Thanks!
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 05, 2015, 09:23:08 pm
10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

Am I right, that 10% will be sent to supernet holders? - and is there a 'snapshot' date for this? Thanks!

No, not yet.
I estimate that this will be discussed once shuffling is getting closer to be released for the MS currencies in Nxt.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 06, 2015, 07:01:05 pm
(http://i57.tinypic.com/2hqqql4.png) More XOS - ORAShuffle distributed today:


Code: [Select]
1- NXT-DXU4-YSJF-XJ2M-FRVNS 10000 4474900953018613336
2- NXT-95FX-K2SC-GAPK-5TP9M 112 16059095253957668399
3- NXT-X4LF-9A4G-WN9Z-2R322 166666 4237923340613615707
4- NXT-BBWW-GWCP-2SK3-DALVW 575 14616387148511397757
5- NXT-HTB8-GGJG-ZDRK-6N3LC 555.5 976634532200874143
6- NXT-BPV3-837M-QZTQ-9DQ69 417004.5 7693263004648574811
7- NXT-RQYG-UPJP-HMMH-7WHFZ 74500 13444172358290421138
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on July 06, 2015, 10:33:28 pm
Great job Nxter.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Kora on July 07, 2015, 10:43:46 am
10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

Am I right, that 10% will be sent to supernet holders? - and is there a 'snapshot' date for this? Thanks!

No, not yet.
I estimate that this will be discussed once shuffling is getting closer to be released for the MS currencies in Nxt.

Congratulations & a BIG thanks to Nxter, the distribution is going extremely well :)

I agree with Nxter that the SuperNET dividend will probably happen closer to the launch of the shuffle plugin itself, but I'm open to other opinions on that.

One thing that we probably should discuss first is compensation for the new people who have come together and given renewed life to ORA. How will we compensate those individuals? Anyone following ORA for a while will probably be familiar with my 'power bounty' idea (i.e. merit based bounties voted by the community that create a small army of super motivated dolphins & mini-whales). We sort of moved past that when we went down the NXT MS road, and so avoided the need for a lot of extra features compared to if we'd continued to develop a whole new P2P coin network as originally planned, but my belief that people who contribute effort and produce results *should* be compensated still remains just as strong. So ... how can we compensate people?

This was the distribution I proposed  just before Nxter joined:

Quote
'ORA::Shuffle' - semi-official provisional RoadMap
The distro:
10%   - jl777 SNcoin swap
10%   - SuperNET dividend
5%     - Mac Red (Webapp Dev) - Paid
5%     - shuffle plugin dev
2%     - Kora expense account - Paid
1.0%   - Darkhorse - community treasurer???
1.0%   - Fragora - community treasurer & CryptoFest.tv dev
14.7%  - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5%  - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
20.8%  - shuffle rewards (1,000,000 ORA per week for 4 years)
10%     - promotion & further distribution
8%      - long term community funds (ideally 4 individuals with 2% each)


It's probably reasonable to assume Darkhorse's 1% is unclaimed now, but we have Nxter, Pilot & apenzl at least to consider, plus jl777, plus Jack Needles. I will distribute the remainder of my 2% 'expense account' between these guys (~10M ORA), but I think we should consider doing more. Projects fail when people lose motivation! Pilot has expressed interest in maybe contributing some dev work towards the shuffle tech on top of his community treasurer duties, and apenzl will hopefully be doing a lot of the ORA marketing and promo work, plus organising a nxter.org distribution. Nxter is our chief community treasurer, & jl777 is our connection with SuperNET plus an all-round dev powerhouse.

So, let's try and discuss compensation for people now, before we go too much further down the tracks!

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Mac Red on July 09, 2015, 05:06:15 pm
10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

Am I right, that 10% will be sent to supernet holders? - and is there a 'snapshot' date for this? Thanks!

No, not yet.
I estimate that this will be discussed once shuffling is getting closer to be released for the MS currencies in Nxt.

Congratulations & a BIG thanks to Nxter, the distribution is going extremely well :)

I agree with Nxter that the SuperNET dividend will probably happen closer to the launch of the shuffle plugin itself, but I'm open to other opinions on that.

One thing that we probably should discuss first is compensation for the new people who have come together and given renewed life to ORA. How will we compensate those individuals? Anyone following ORA for a while will probably be familiar with my 'power bounty' idea (i.e. merit based bounties voted by the community that create a small army of super motivated dolphins & mini-whales). We sort of moved past that when we went down the NXT MS road, and so avoided the need for a lot of extra features compared to if we'd continued to develop a whole new P2P coin network as originally planned, but my belief that people who contribute effort and produce results *should* be compensated still remains just as strong. So ... how can we compensate people?

This was the distribution I proposed  just before Nxter joined:

Quote
'ORA::Shuffle' - semi-official provisional RoadMap
The distro:
10%   - jl777 SNcoin swap
10%   - SuperNET dividend
5%     - Mac Red (Webapp Dev) - Paid
5%     - shuffle plugin dev
2%     - Kora expense account - Paid
1.0%   - Darkhorse - community treasurer???
1.0%   - Fragora - community treasurer & CryptoFest.tv dev
14.7%  - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5%  - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
20.8%  - shuffle rewards (1,000,000 ORA per week for 4 years)
10%     - promotion & further distribution
8%      - long term community funds (ideally 4 individuals with 2% each)


It's probably reasonable to assume Darkhorse's 1% is unclaimed now, but we have Nxter, Pilot & apenzl at least to consider, plus jl777, plus Jack Needles. I will distribute the remainder of my 2% 'expense account' between these guys (~10M ORA), but I think we should consider doing more. Projects fail when people lose motivation! Pilot has expressed interest in maybe contributing some dev work towards the shuffle tech on top of his community treasurer duties, and apenzl will hopefully be doing a lot of the ORA marketing and promo work, plus organising a nxter.org distribution. Nxter is our chief community treasurer, & jl777 is our connection with SuperNET plus an all-round dev powerhouse.

So, let's try and discuss compensation for people now, before we go too much further down the tracks!

Good call, these people you mention should of course be paid for their time, work and efforts. As well as as other people who'll hopefully step up to contribute. Perhaps from "promotion & further distribution"? If 10% is too little perhaps we should consider putting more ORA into it to strike a balance. I guess an option might be to take some from shuffle rewards? Just thinking out loud here what might be reasonable.

Another open question I have is where our next community focus should be. Nxter is currently managing distribution and will do for a total of 3 months. For the rest of us, what would be the number #1 most important thing to work on during this time? Is it promotion?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: fragora on July 09, 2015, 06:26:00 pm
Number 1 in my book is a plan to implement the shuffle tech. Promotion at this stage and without shuffling integreted   is of no use.
Rewards for contributors is of course essential. No need for a committee vote either imo and I will go with whatever kora decides.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 09, 2015, 07:29:58 pm
(http://i57.tinypic.com/2hqqql4.png) More XOS - ORAShuffle distributed today:



Code: [Select]
1- NXT-J6BE-JL6S-EY39-F7PMD 166666 6347003376536214868
2- NXT-8YQ4-6HJW-9T6M-FQ5YS 166666 3400019086820363283
3- NXT-VWL6-XSXA-AZC7-848CZ 10000 5636361090239065438
4- NXT-6NMT-CEMQ-P8CE-72J4J 27404 2582247161729641837
5- NXT-J5NJ-5DQG-PL7W-9SNFZ 166565 18432545250397706671
6- NXT-V5R7-B3QD-J3L2-3Z2TW 166666 2344940690697435801
8- NXT-DXU4-YSJF-XJ2M-FRVNS 156666 104618109699628525
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 09, 2015, 07:53:57 pm


Congratulations & a BIG thanks to Nxter, the distribution is going extremely well :)

I agree with Nxter that the SuperNET dividend will probably happen closer to the launch of the shuffle plugin itself, but I'm open to other opinions on that.

One thing that we probably should discuss first is compensation for the new people who have come together and given renewed life to ORA. How will we compensate those individuals? Anyone following ORA for a while will probably be familiar with my 'power bounty' idea (i.e. merit based bounties voted by the community that create a small army of super motivated dolphins & mini-whales). We sort of moved past that when we went down the NXT MS road, and so avoided the need for a lot of extra features compared to if we'd continued to develop a whole new P2P coin network as originally planned, but my belief that people who contribute effort and produce results *should* be compensated still remains just as strong. So ... how can we compensate people?

This was the distribution I proposed  just before Nxter joined:

Quote
'ORA::Shuffle' - semi-official provisional RoadMap
The distro:
10%   - jl777 SNcoin swap
10%   - SuperNET dividend
5%     - Mac Red (Webapp Dev) - Paid
5%     - shuffle plugin dev
2%     - Kora expense account - Paid
1.0%   - Darkhorse - community treasurer???
1.0%   - Fragora - community treasurer & CryptoFest.tv dev
14.7%  - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5%  - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
20.8%  - shuffle rewards (1,000,000 ORA per week for 4 years)
10%     - promotion & further distribution
8%      - long term community funds (ideally 4 individuals with 2% each)


It's probably reasonable to assume Darkhorse's 1% is unclaimed now, but we have Nxter, Pilot & apenzl at least to consider, plus jl777, plus Jack Needles. I will distribute the remainder of my 2% 'expense account' between these guys (~10M ORA), but I think we should consider doing more. Projects fail when people lose motivation! Pilot has expressed interest in maybe contributing some dev work towards the shuffle tech on top of his community treasurer duties, and apenzl will hopefully be doing a lot of the ORA marketing and promo work, plus organising a nxter.org distribution. Nxter is our chief community treasurer, & jl777 is our connection with SuperNET plus an all-round dev powerhouse.

So, let's try and discuss compensation for people now, before we go too much further down the tracks!

Good call, these people you mention should of course be paid for their time, work and efforts. As well as as other people who'll hopefully step up to contribute. Perhaps from "promotion & further distribution"? If 10% is too little perhaps we should consider putting more ORA into it to strike a balance. I guess an option might be to take some from shuffle rewards? Just thinking out loud here what might be reasonable.

Another open question I have is where our next community focus should be. Nxter is currently managing distribution and will do for a total of 3 months. For the rest of us, what would be the number #1 most important thing to work on during this time? Is it promotion?

I think the most important thing at this stage is to get the word out that ORA project is live, that we have a Currency and that the redemption process is open and running until 4th October.

At the moment of writing this post there are still more than 400 accounts with ORA assets and more than 100 accounts with MIC assets. Those assets will be worthless when XOS takes off. We need to inform the owners of those assets that now the XOS rocket is boarding and the gates will close in October.

To do so, we need an article about ORA in the nxter.org magazine and some PR on this forum, in bitcointalk and maybe even in other crypto forums.  I will start by announcing the redemption of XOS in my signature and I recommend others to do so too if you want this project to succeed.

Nxter.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: apenzl on July 09, 2015, 08:40:10 pm
Copy-pasted that :)

(http://i.imgur.com/s3aJX8t.png)

MIC HODLERS!

ORA project is live, we have a Currency and the redemption process is open and running until 4th October.

There are still more than 400 accounts with ORA assets and more than 100 accounts with MIC assets. Those assets will be worthless when XOS takes off.

https://nxtforum.org/ora/(ann)-new-final-ora-and-mic-assets-redemption-process-last-call/

To obtain your MS currency send all you MIC and ORA assets to the ORA currency distribution account: NXT-E26D-DMFT-N8XV-37PBS
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Mac Red on July 09, 2015, 09:22:12 pm


Congratulations & a BIG thanks to Nxter, the distribution is going extremely well :)

I agree with Nxter that the SuperNET dividend will probably happen closer to the launch of the shuffle plugin itself, but I'm open to other opinions on that.

One thing that we probably should discuss first is compensation for the new people who have come together and given renewed life to ORA. How will we compensate those individuals? Anyone following ORA for a while will probably be familiar with my 'power bounty' idea (i.e. merit based bounties voted by the community that create a small army of super motivated dolphins & mini-whales). We sort of moved past that when we went down the NXT MS road, and so avoided the need for a lot of extra features compared to if we'd continued to develop a whole new P2P coin network as originally planned, but my belief that people who contribute effort and produce results *should* be compensated still remains just as strong. So ... how can we compensate people?

This was the distribution I proposed  just before Nxter joined:

Quote
'ORA::Shuffle' - semi-official provisional RoadMap
The distro:
10%   - jl777 SNcoin swap
10%   - SuperNET dividend
5%     - Mac Red (Webapp Dev) - Paid
5%     - shuffle plugin dev
2%     - Kora expense account - Paid
1.0%   - Darkhorse - community treasurer???
1.0%   - Fragora - community treasurer & CryptoFest.tv dev
14.7%  - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5%  - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
20.8%  - shuffle rewards (1,000,000 ORA per week for 4 years)
10%     - promotion & further distribution
8%      - long term community funds (ideally 4 individuals with 2% each)


It's probably reasonable to assume Darkhorse's 1% is unclaimed now, but we have Nxter, Pilot & apenzl at least to consider, plus jl777, plus Jack Needles. I will distribute the remainder of my 2% 'expense account' between these guys (~10M ORA), but I think we should consider doing more. Projects fail when people lose motivation! Pilot has expressed interest in maybe contributing some dev work towards the shuffle tech on top of his community treasurer duties, and apenzl will hopefully be doing a lot of the ORA marketing and promo work, plus organising a nxter.org distribution. Nxter is our chief community treasurer, & jl777 is our connection with SuperNET plus an all-round dev powerhouse.

So, let's try and discuss compensation for people now, before we go too much further down the tracks!

Good call, these people you mention should of course be paid for their time, work and efforts. As well as as other people who'll hopefully step up to contribute. Perhaps from "promotion & further distribution"? If 10% is too little perhaps we should consider putting more ORA into it to strike a balance. I guess an option might be to take some from shuffle rewards? Just thinking out loud here what might be reasonable.

Another open question I have is where our next community focus should be. Nxter is currently managing distribution and will do for a total of 3 months. For the rest of us, what would be the number #1 most important thing to work on during this time? Is it promotion?

I think the most important thing at this stage is to get the word out that ORA project is live, that we have a Currency and that the redemption process is open and running until 4th October.

At the moment of writing this post there are still more than 400 accounts with ORA assets and more than 100 accounts with MIC assets. Those assets will be worthless when XOS takes off. We need to inform the owners of those assets that now the XOS rocket is boarding and the gates will close in October.

To do so, we need an article about ORA in the nxter.org magazine and some PR on this forum, in bitcointalk and maybe even in other crypto forums.  I will start by announcing the redemption of XOS in my signature and I recommend others to do so too if you want this project to succeed.

Nxter.

I'll send out PM @ BTT to all original stakeholders. The distribution today is of course different but it can't hurt to get the word out to these guys. Will do this during the next few days, still have the reg app database so I can set up a good system for doing it.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on July 09, 2015, 10:33:39 pm


Congratulations & a BIG thanks to Nxter, the distribution is going extremely well :)

I agree with Nxter that the SuperNET dividend will probably happen closer to the launch of the shuffle plugin itself, but I'm open to other opinions on that.

One thing that we probably should discuss first is compensation for the new people who have come together and given renewed life to ORA. How will we compensate those individuals? Anyone following ORA for a while will probably be familiar with my 'power bounty' idea (i.e. merit based bounties voted by the community that create a small army of super motivated dolphins & mini-whales). We sort of moved past that when we went down the NXT MS road, and so avoided the need for a lot of extra features compared to if we'd continued to develop a whole new P2P coin network as originally planned, but my belief that people who contribute effort and produce results *should* be compensated still remains just as strong. So ... how can we compensate people?

This was the distribution I proposed  just before Nxter joined:

Quote
'ORA::Shuffle' - semi-official provisional RoadMap
The distro:
10%   - jl777 SNcoin swap
10%   - SuperNET dividend
5%     - Mac Red (Webapp Dev) - Paid
5%     - shuffle plugin dev
2%     - Kora expense account - Paid
1.0%   - Darkhorse - community treasurer???
1.0%   - Fragora - community treasurer & CryptoFest.tv dev
14.7%  - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5%  - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
20.8%  - shuffle rewards (1,000,000 ORA per week for 4 years)
10%     - promotion & further distribution
8%      - long term community funds (ideally 4 individuals with 2% each)


It's probably reasonable to assume Darkhorse's 1% is unclaimed now, but we have Nxter, Pilot & apenzl at least to consider, plus jl777, plus Jack Needles. I will distribute the remainder of my 2% 'expense account' between these guys (~10M ORA), but I think we should consider doing more. Projects fail when people lose motivation! Pilot has expressed interest in maybe contributing some dev work towards the shuffle tech on top of his community treasurer duties, and apenzl will hopefully be doing a lot of the ORA marketing and promo work, plus organising a nxter.org distribution. Nxter is our chief community treasurer, & jl777 is our connection with SuperNET plus an all-round dev powerhouse.

So, let's try and discuss compensation for people now, before we go too much further down the tracks!

Good call, these people you mention should of course be paid for their time, work and efforts. As well as as other people who'll hopefully step up to contribute. Perhaps from "promotion & further distribution"? If 10% is too little perhaps we should consider putting more ORA into it to strike a balance. I guess an option might be to take some from shuffle rewards? Just thinking out loud here what might be reasonable.

Another open question I have is where our next community focus should be. Nxter is currently managing distribution and will do for a total of 3 months. For the rest of us, what would be the number #1 most important thing to work on during this time? Is it promotion?

I think the most important thing at this stage is to get the word out that ORA project is live, that we have a Currency and that the redemption process is open and running until 4th October.

At the moment of writing this post there are still more than 400 accounts with ORA assets and more than 100 accounts with MIC assets. Those assets will be worthless when XOS takes off. We need to inform the owners of those assets that now the XOS rocket is boarding and the gates will close in October.

To do so, we need an article about ORA in the nxter.org magazine and some PR on this forum, in bitcointalk and maybe even in other crypto forums.  I will start by announcing the redemption of XOS in my signature and I recommend others to do so too if you want this project to succeed.

Nxter.

I plan to work up an article this weekend. If we need something before that, someone else will have to do it.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: apenzl on July 09, 2015, 11:30:25 pm
I plan to work up an article this weekend. If we need something before that, someone else will have to do it.

This is great. I don't think there's a need for anything before that, other than getting the word out in the relevant forum threads. I saw Nxter posted in Price Speculation. Also a +1 to Mac Red for BTT PM's.

Pilot, try to make it mainly an [ANN] about how to redeem the ORA and MIC assets, perhaps with a VERY general summary of the history. No need to dig into EVERY historical detail. Because of the Shufflecoin purpose, the distribution history could be good to mention, and of course - here's an MS coin with a purpose.

That said - just hang loose, don't listen to me and write whatever you feel like writing! :)

Our English editor, oldnbold, will go through it. No changes are made without the author's acceptance. If you get "in the zone" and decide to shut me up and write a detailed 25K words long chronological walkthrough of all phases of ORA, it's good too, we can split it up into several articles or maybe use some of it for Mac Red's website.

There's room for both short and long articles on NXTER.ORG, but I think we need a simple one about the redeem-process to RT, share and link to (from follow-up articles), for 3 months, so as many ppl as possible will hear about it and redeem their assets for the good cause, XOS.

Next article could be about how to buy and sell it on the MS Exchange. There could be a follow-up when InstantDEX is launched.

Any follow-up article can dig into ORA history, progress or cast more light on usecases, when we get to know them.


Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: 88 on July 10, 2015, 04:54:30 am
I want to ask, I have ORA assets, how can I get the new assets?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: LocoMB on July 10, 2015, 05:27:11 am
no big deal, just send them in to the redemption account:

https://nxtforum.org/index.php?topic=9392.msg184057#msg184057 (https://nxtforum.org/index.php?topic=9392.msg184057#msg184057)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: megashira1 on July 10, 2015, 05:57:30 am
What is the public key for the ORA redemption address?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 10, 2015, 07:22:19 am
What is the public key for the ORA redemption address?

a58fd0e5759a9b39ee2366827c45e489cfa969ac2e7f719199123fa72f3bf563
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: cr7yp on July 11, 2015, 08:23:28 am
Just a question from someone who not followed all developments on ORA for some times.

What is the difference between XOR and XOS? i have got both MS currencies.

is it planned to integrated XOR/XOS into superNET?

Thanks!
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: fragora on July 11, 2015, 09:06:33 am
Just a question from someone who not followed all developments on ORA for some times.

What is the difference between XOR and XOS? i have got both MS currencies.

is it planned to integrated XOR/XOS into superNET?

Thanks!

XOR is no longer being used due to the decimal point issue and XOS is now the the official shuffle coin.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Mac Red on July 11, 2015, 09:55:18 am
The original stakeholders have now all received a reminder.  8)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: FreddddDagggg on July 12, 2015, 12:05:17 am
The original stakeholders have now all received a reminder.  8)

Thanks for that reminder. I have sent my original stake off to the redemption address & look forward to receiving the new ones.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Zachamo on July 12, 2015, 03:41:48 pm
Thanks for the msg Mac -- just sent in my redemption -- would have probably missed the window if it wasn't for you! Young kids = no time..

Cheers  :D
Zachamo
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 12, 2015, 09:00:21 pm
(http://i57.tinypic.com/2hqqql4.png) More XOS - ORAShuffle distributed today:


Code: [Select]
1- NXT-9TEN-QA9F-TZHC-3LDUZ 100000 13812469858232526932
2- NXT-GZNM-TFML-UW7M-DM4G3 398038 4192706004301798676
3- NXT-VW8L-NL77-JLDD-HQSK7 166666 13612835370379213093
4- NXT-KQBD-ZKSP-UKBT-7SM3E 209500 15196262504887549725
5- NXT-TN8Y-C57X-KJ69-FNAEX 53 6636939764550078578
6- NXT-47L4-3ZFH-VP8P-2EA84 219 6307254248311650632
7- NXT-U7WR-P287-5F2P-BEAVN 44500 76266810734446325
8- NXT-8PTY-HGUR-FETM-5JEZ3 166666 4625258631683304168
9- NXT-7E5L-Y34P-TJYR-BWYCB 166666 7669963328141334221
10- NXT-JUTN-TC88-ZB59-DEDWF 219666 9411080719007531429
11- NXT-AT3Q-DLGJ-Z8RT-5JX44 166666 4102812087561249667
12- NXT-R2U6-22MC-LQL2-22222 166770 16704273210681741720
13- NXT-R2U6-22MC-LQL2-22222 44000 3521359219992901205
14- NXT-8YQ4-6HJW-9T6M-FQ5YS 89000 10979247544173327862
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: 88 on July 16, 2015, 04:18:55 am
o obtain your MS currency send all you MIC and ORA assets?
Sorry, I didn't understand what is the meaning of the MIC, isn't me I have assets directly address to send a message to go?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Snail2 on July 16, 2015, 03:24:16 pm
Guys, I've sent my ORA assets to the redemption address on 13/07/2015 at 14:21:49 (TX 14169465606421367494) but nothing happened since then. Am I screwed up something or it just takes a couple of days?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 16, 2015, 06:08:14 pm
More XOS redeemed today:

Quote
1-   NXT-VX6Z-YGHU-X67A-8LL9Q   166666   17413351215764071617
2-   NXT-G45K-EM76-8QV5-9VX5J   216666   8841679601006562893
3-   NXT-SAX9-AT9C-NWYB-3UWWP   500000   2491733232870814619
4-   NXT-2L4G-2KTP-7YKJ-HZNJY   150000   7904034276160460506
5-   NXT-FSJP-BVCS-GZQX-8UZPY   166823   7422677523510783720


Guys, I've sent my ORA assets to the redemption address on 13/07/2015 at 14:21:49 (TX 14169465606421367494) but nothing happened since then. Am I screwed up something or it just takes a couple of days?

It just takes a couple of days  :)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Snail2 on July 16, 2015, 07:54:39 pm
More XOS redeemed today:

Quote
1-   NXT-VX6Z-YGHU-X67A-8LL9Q   166666   17413351215764071617
2-   NXT-G45K-EM76-8QV5-9VX5J   216666   8841679601006562893
3-   NXT-SAX9-AT9C-NWYB-3UWWP   500000   2491733232870814619
4-   NXT-2L4G-2KTP-7YKJ-HZNJY   150000   7904034276160460506
5-   NXT-FSJP-BVCS-GZQX-8UZPY   166823   7422677523510783720


Guys, I've sent my ORA assets to the redemption address on 13/07/2015 at 14:21:49 (TX 14169465606421367494) but nothing happened since then. Am I screwed up something or it just takes a couple of days?

It just takes a couple of days  :)

Got it :)! Thanks.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: 88 on July 18, 2015, 01:31:41 pm
Assets have been transferred, and look forward to the arrival of new assets.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: 88 on July 19, 2015, 01:30:02 pm
Assets can not be transferred quickly?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: rubenbc on July 19, 2015, 02:01:17 pm
Assets are transferred manually. wait it's sunday

Enviado desde mi HTC One mediante Tapatalk

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 19, 2015, 04:36:56 pm
More XOS - ORAShuffle distributed today:


Code: [Select]
1- NXT-KQBD-ZKSP-UKBT-7SM3E 330000 3851086445410104912
2- NXT-U7WR-P287-5F2P-BEAVN 370084.5 16289540863238701728
3- NXT-TU8X-GP2X-FUHD-ACFJR 1506123 11176991229100593266
4- NXT-AVG3-JQ7H-93BG-CBC2X 170666 17527506747175903183
5- NXT-WLAM-9X45-L5BH-4EJGJ 200676 7330508199643905887
6- NXT-ERNF-V966-M2HK-EQSK6 166666 9024402042599270593




Assets are transferred manually. wait it's sunday <img src="https://s3.amazonaws.com/tapatalk-emoji/emoji106.png" />

Assets can not be transferred quickly?


Many thanks for your patience.

Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: MGGBNXT on July 22, 2015, 02:49:25 am
The original stakeholders have now all received a reminder.  8)

Thanks, I got all my ORA stake transferred, how long does it usually take to get them swapped, I am not in any hurry, just curious.

 
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 22, 2015, 06:40:33 pm
The original stakeholders have now all received a reminder.  8)

Thanks, I got all my ORA stake transferred, how long does it usually take to get them swapped, I am not in any hurry, just curious.

By this weekend you should receive it.

Br,
Nxter.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 25, 2015, 08:11:51 pm
Another round of distribution today:

Quote
1-   NXT-C9VM-SN83-JVHQ-CAPWF   166666   6485490125159428127
2-   NXT-8WXJ-8KM8-EDUC-CFTUL   5166   6191758324986600598
3-   NXT-BR4R-ETBF-4RPW-AA6S4   166666   7796312864030830635
4-   NXT-E577-9JL9-V6JV-6CWNY   166666   16054118653339588843
5-   NXT-JM77-ZUAH-UNAL-FSEB4   166666   17446631438435210444
6-   NXT-MSQT-ZUNP-RFFK-7DSB6   166566   3523935381953645645
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: wosh on July 26, 2015, 08:55:32 pm
Hi nxter,

my nxt-adress is No. 39 on your list in OP
...
39-   NXT-RNW6-EHML-HTTD-2S5QH   160000   735555604769764056
...
I think the XOS were on my account, when I checked maybe 2 weeks ago.
But now there is nothing.
Can you please check it?
thank you.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on July 29, 2015, 07:02:04 pm
Hi nxter,

my nxt-adress is No. 39 on your list in OP
...
39-   NXT-RNW6-EHML-HTTD-2S5QH   160000   735555604769764056
...
I think the XOS were on my account, when I checked maybe 2 weeks ago.
But now there is nothing.
Can you please check it?
thank you.


Hi Wosh,

You still own the XOS. Check it here: https://nxtportal.org/accounts/565334123710501764


New XOS distributed today:

Quote
1-   NXT-E9F3-TJG5-KEED-457U2   812617   8520894418241433662
2-   NXT-6359-GF4N-8CM6-88SYU   136666   1364669556999702486
3-   NXT-H8VH-DVCW-43BC-AZPEZ   184000   2547827102639475845
4-   NXT-6EK7-4PKA-XFZM-9VV4W   150000   4098911050061402162
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: MGGBNXT on July 30, 2015, 12:57:42 am
The original stakeholders have now all received a reminder.  8)

Thanks, I got all my ORA stake transferred, how long does it usually take to get them swapped, I am not in any hurry, just curious.

By this weekend you should receive it.

Br,
Nxter.

That's great! Thanks.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on July 30, 2015, 04:27:29 pm
Keep up the great work Nxter.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on August 02, 2015, 07:44:35 pm
More XOS flowing today:

Code: [Select]
1- NXT-CSMZ-VJV5-YVVP-5FZQU 200000 10479893174234547614
2- NXT-ABXN-A423-ZHCW-377S4 266666 2778729154316627743
3- NXT-NCXC-WXY3-K22K-FSTWS 2466666 9521612248390948578
4- NXT-Y8AY-2ANQ-9GR8-842F2 236666 1174495606043566440
5- NXT-79BX-UJ4W-6M4K-F63B7 266666 17872308985622323990
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on August 12, 2015, 03:09:22 pm
More XOS distributed today

Quote
1-   NXT-4MUH-UC3Q-P6FH-EZ8N6   166666   13458456702447009329
2-   NXT-JZ7R-3DTT-HUMN-GUBYX   166666   8784387353786139010
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on August 23, 2015, 07:03:26 pm
More XOS distributed:

Quote
1-   NXT-UX5D-V7WG-N9C3-BKB25   135000   8860648581078372843
3-   NXT-35TG-WKFM-V26X-A74PQ   166666   13162730727507785203
4-   NXT-4AZF-VRQM-4G8B-3ATVQ   166666   17359537251865578880
5-   NXT-RT5L-ABNN-ASG8-G94GE   10000   4554069033108555798
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on September 03, 2015, 08:46:35 pm
New round:

Quote
1-   NXT-CSED-4PK5-AR4V-6UB5V   166666   13326232539347257183
2-   NXT-CSED-4PK5-AR4V-6UB5V   88999   10376985511770052265
3-   NXT-DH4T-9PH3-5V8S-HQJC5   44500   13775478886982599491
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: NorrisK on September 08, 2015, 08:36:37 pm
I have send my ORA to darkhorse a long time ago and haven't received any new coins.

Do I need to do anything, or will the coins send to darkhorse automatically be sent?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on September 09, 2015, 04:42:13 pm
I have send my ORA to darkhorse a long time ago and haven't received any new coins.

Do I need to do anything, or will the coins send to darkhorse automatically be sent?

The should have been automatically send. Can you give us the TX number where you send your tokens to DH?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: NorrisK on September 09, 2015, 09:37:52 pm
I have send my ORA to darkhorse a long time ago and haven't received any new coins.

Do I need to do anything, or will the coins send to darkhorse automatically be sent?

The should have been automatically send. Can you give us the TX number where you send your tokens to DH?


Never mind, I missed the the part where it became a currency instead of an asset.  ::)
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: evitor on September 17, 2015, 09:07:09 am
I sent on 09-Sept. a small amount of MIC to: NXT-E26D-DMFT-N8XV-37PBS (Transaction ID: 7523362955072494295)... Just for test... the big amount keep in my wallet....

but at the moment i didnt receive anything... WHY?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on September 17, 2015, 02:44:57 pm
I sent on 09-Sept. a small amount of MIC to: NXT-E26D-DMFT-N8XV-37PBS (Transaction ID: 7523362955072494295)... Just for test... the big amount keep in my wallet....

but at the moment i didnt receive anything... WHY?

Did you look at the redeem lists? Are you looking at the Currency section of your wallet?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: evitor on September 17, 2015, 04:31:45 pm
i look at the currency section of my wallet...

where can i find the redeem list??   :o
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on September 17, 2015, 05:16:33 pm
i look at the currency section of my wallet...

where can i find the redeem list??   :o

They're throughout this thread. If you send the Mic prior to July 4th, check out the OP.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on September 20, 2015, 05:42:06 pm
I am back from Holidays. More XOS distributed today:
Quote
3-   NXT-RVXH-RBH7-U96G-58XVQ   166666   11973185226280649576
1-   NXT-RATU-PVZP-SGHE-H3WDC   166666   1451556038704165805
2-   NXT-YE9U-S8FK-LWWR-3M7GN   35625   8487679862460162571
4-   NXT-8PE3-VCK8-UFHN-6Y8WZ   3100000   8956631654278078638
5-   NXT-KNAJ-TD6E-82B5-ER3ZP   1959212   11999831151418855371
6-   NXT-TRC8-TJBE-99JM-C4E3Y   166666   2496207229769051946
7-   NXT-YBTA-VFMU-YU56-9QAWB   4901160   4696040404574362641
8-   NXT-YE9U-S8FK-LWWR-3M7GN   2   6514384509457344041
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Project2501 on September 28, 2015, 04:11:17 am
When will the next round of distribution happen?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Project2501 on October 02, 2015, 07:36:09 pm
Why is no one answering PM or here? Whome to contact regarding sent assets? 4th of October is drawing near...
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on October 04, 2015, 04:08:02 pm
Why is no one answering PM or here? Whome to contact regarding sent assets? 4th of October is drawing near...

Sorry, for delay. i have been travelling without access to NRS. Since people is still sending assets we will extend the redemption period.
This week i should be able to do the distribution.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Project2501 on October 04, 2015, 05:52:20 pm
Sorry, for delay. i have been travelling without access to NRS. Since people is still sending assets we will extend the redemption period.
This week i should be able to do the distribution.

Great! Thanks!  ;D
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: EvilDave on October 04, 2015, 07:14:41 pm
I really should spend more time lookng at my investments:

I have a handful of ORA, I take it I'm not too damn late to redeem ?

Redemption process is simply kick my ORA to NXT-E26D-DMFT-N8XV-37PBS and get XOS directly returned ?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on October 05, 2015, 06:41:38 pm
I really should spend more time lookng at my investments:

I have a handful of ORA, I take it I'm not too damn late to redeem ?

Redemption process is simply kick my ORA to NXT-E26D-DMFT-N8XV-37PBS and get XOS directly returned ?

Yep, Ora and Mic.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Nxter on October 10, 2015, 03:48:39 pm
More XOS distributed:

Quote
1-   NXT-AW7J-B29Z-GLT2-9YEQ4   544380   13344440161468943099
2-   NXT-AW7J-B29Z-GLT2-9YEQ4   144500   16711798017835674085
3-   NXT-SEK6-8WS5-GTVS-4Y3JV   166666   11190394002243611665
4-   NXT-UPN9-QTW2-W6FS-72HNP   166666   3867257563413547900
5-   NXT-ZFE6-PRE2-58DG-CSGQS   166666   13115799108262356985
6-   NXT-2JVN-KRJ8-R2P9-7KLVV   166666   4550757328926991112
7-   NXT-E3HB-9UUQ-BG7Q-3FHMN   1277777   11321147131639412731
8-   NXT-8387-4N2V-NBV7-BTAZ9   166666   14731690817665372050
9-   NXT-K8FZ-Y8KC-G78C-8WPAU   311500   14662359989572706046
10-   NXT-K8FZ-Y8KC-G78C-8WPAU   166666   6537605487165892162
11-   NXT-5Q2B-RE5S-2UW7-B2V9V   5555555   12894472370758806265
12-   NXT-RA49-RXFR-V6WE-97HT9   2947654   3822866343619558556
13-   NXT-YE9U-S8FK-LWWR-3M7GN   500000   15244066469849742469
14-   NXT-PJ5Z-LC2V-FXXV-3VL9E   166666   14766225121077288516
15-   NXT-MHEJ-6GYJ-SBWZ-A6FYV   166666   6128848562206134725
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on October 12, 2015, 06:28:07 pm
Aren't we passed the deadline?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: fragora on October 12, 2015, 10:22:44 pm
Aren't we passed the deadline?

It was extended a little due to Nxter being away
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Pilot on October 12, 2015, 11:44:51 pm
Aren't we passed the deadline?

It was extended a little due to Nxter being away

I mean, I'm fine with that. I was just hoping once we hit the dead line the focus would move on ideas on how to actually USE the currency and what types of projects we wanted to try to get going, etc.
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: MadCow on October 14, 2015, 07:33:01 am
Aren't we passed the deadline?

It was extended a little due to Nxter being away

I mean, I'm fine with that. I was just hoping once we hit the dead line the focus would move on ideas on how to actually USE the currency and what types of projects we wanted to try to get going, etc.

+1
Is the shuffle idea still current?
Title: Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
Post by: Mac Red on October 14, 2015, 04:32:53 pm
Good points guys. I assume the distribution is over now and that was the final batch.

Perhaps we should move the focus to this topic now and and see if we can answers these questions you have together;
https://nxtforum.org/ora/korasibling-of-qorafree-fair-distributionregistration-countdown!!/240/
elective-stereophonic
elective-stereophonic
assembly
assembly