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Messages - Triangle

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21
Nxt Community News and Announcements / Re: [ANN] Jinn
« on: January 04, 2016, 01:44:14 pm »
Very soon, right now we're in the process of hiring additional engineers and advisors for Jinn. As soon as this is done and the full roadmap for the next months is drawn up I will post an update.

22
Nxt Community News and Announcements / Re: IOTA - JINN
« on: December 22, 2015, 08:12:14 pm »
Collection of IOTA takes place here http://collect.iotatoken.com


23
Nxt Community News and Announcements / Re: [ANN] Jinn
« on: December 10, 2015, 11:43:24 am »
http://www.jinnlabs.com/

Is not working for some time now, whats going on?

EDIT: even on archive.org i can only find one snapshot from 2014 with relevant information.
Where do i have to go to find Information about JINN?

This has been explained several times already, but again: the website is down because we're in semi-stealth mode. We want to launch the project to the world in a big fashion. Plus at this moment we can't share much info anyway due to at least 1 patent we're filing, so sharing too much info is just risky and stupid at the moment.

What kind of info are you asking for?

24
Nxt Community News and Announcements / Re: IOTA - JINN
« on: December 03, 2015, 10:22:26 am »
Less than 4 hours left of the 'Pioneer period' in the crowdsale!

25
Nxt Community News and Announcements / Re: IOTA - JINN
« on: December 01, 2015, 03:53:38 pm »
Any plans to make Jinn trade more available? Maybe with Jinn/ Btc and Jinn/Iota markets?

No, on the contrary the most likely step will be legal conversion from tokens to actual contracts.
This might be a necessary step for us to even legally be able to honor the agreements.

I think many people may be interested in knowing more about this. Anonimity is valuable in this world, and although i trust Jinn, i may not want to publicly appear in certain type of contracts, not even knowing in which jurisdiction.
And i would like to know in case its done that way, in what currency i would receive potential future returns..
Can you expand on this before the early bird period ends? Thank you.

I certainly understand that and I remember that you contacted me earlier this year regarding some concerns about this. Unfortunately it's impossible to say right now due to the uncertainties coupled with crypto and crowdfunding in general at the moment. The jurisdiction will be Norway, that's all I can say. We'll try to press for the payouts to be doable via crypto of course.

26
Nxt Community News and Announcements / Re: IOTA - JINN
« on: December 01, 2015, 11:24:00 am »
Any plans to make Jinn trade more available? Maybe with Jinn/ Btc and Jinn/Iota markets?

No, on the contrary the most likely step will be legal conversion from tokens to actual contracts.
This might be a necessary step for us to even legally be able to honor the agreements.

27
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 30, 2015, 04:48:58 pm »
What are you planning to do with all the JINN assets you receive?
Are you going to keep them?
Are you planning to sell them again in the Asset Exchange?

Keep and use for compensation for new employees.

28
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 28, 2015, 03:23:51 pm »

Instead we'll ask everyone who holds Jinn tokens to give us their contact information (we'll need this in preparation for the legal transfer of profit-shares in the near future anyway) where we'll answer more intricate questions, without opening ourselves up for scruitiny from every angle imaginable in public.


I think it would be good to have a perfect official description of what JINN exactly is in an OP, instead of lost in between discussions.

Agreed. Will post it up

29
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 28, 2015, 03:23:34 pm »
Who's lying now?  You are a raging, international communist.

I have been a proponent of UBI since around 2006 when it dawned on me that this was the inevitably consequence of technological progression, yes. Being a proponent of UBI != communism. I know several anarcho-capitalists who are UBI supporters too. I won't have this debate here, this thread is about JINN holders, not attention seeking trolls such as yourself.

30
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 28, 2015, 12:26:44 am »
I'll ignore your nonsense lies about me being a 'international communist' etc. because it's like debating someone smoking crack, a waste of time.

I will always respond to genuine concerns re: Jinn, so I will respond to those issues:

1. Your thinking is very anti-innovation. This presumption that 'everything that can exist, already exist' is as old as lack of creativity itself. Virtually every start-up that exist proves your statements wrong. Of course IBM and Intel has not 'thought of everything', in fact Intel messed up majorly in 2010 when it decided to focus almost exclusively on the server market, which allowed ARM to get a monopoly on the mobile market. They misread the market 100% and now with IoT they are trying to play catch up. Their Edison and Quark are fine products, but they are still entrenched in legacy thinking. IBM is the same story, they've been wrong countless times. Moore's Law has exhausted which is FORCING the industry to explore new options, which is what we've been doing for the past 13 months.

2. Yes we are 'out-gunned' in capital. Of course, this is why I have never posted any proprietary info and why we keep a very stealth and secure lock on all our work. If it 'leaked' to one of these behemots they could easily replicate a lot of it in a month due to their capital. This is true for all innovation.

3. What we are innovating does not sit locked down anywhere, at least nowhere with patents, which we are securing, so even if they would have it (which they dont) they'd lose out.

4. No you did all the downvotes :) They ONLY come when you posted.

31
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 27, 2015, 11:47:13 pm »
Ugh, 2k4s everyone knows that you are a troll.

1. Jinn asset was ALWAYS sold as payments via token based on Jinn Processor and Emulator sales. NEVER EVER equity in the company. As for the question we were asked re: "What happens if the company gets sold?", at the time Jinn Labs was only the processor and emulator, so of course we'd spread that sale with the Jinn holders. But we also DISTINCTLY AND CLEARLY explained that we might launch other projects under Triangle. Remember Triangle? The reason for my nickname and how we presented Jinn? There's even a youtube clip that clearly shows 'Triangle presents JINN' (here you go).

As for your nonsense bullshit:

Quote from: 2Kool4Skewl
Now, we find out that "Oh guess what guys... What you've been purchasing isn't really a share and doesn't entitle you to any profits of anything...

This has never ever been said. So please stop spreading lies, but of course you are a compulsive liar, so that's sadly all you are capable of.

Quote
But now you can redeem your non-shares for this awesome new cryptocurrency called IOTA... But wait, There's MORE!  You know that cryptocurrency that I was talking about... Yeah... It's not really a cryptocurrency, even though we called it that.


Semantics with legal implications. Since then EU has decided to recognize cryptocurrencies as they would fiat, which brings with it a clusterfuck of additional legal issues, so suddenly the term 'cryptocurrency' is ambiguous and bares with it a lot more responsibility. IOTA is exactly what we have said all along: a cryptographic transactive token, but we're not selling it as a currency or security.

Quote
Also.... *wait for it*... I don't want your guise to think this is an investment either.  This is TOTALLY NOT AN INVESTMENT.  Ok!  Wow guise, I'm glad we cleared that up.  But don't forget to buy more of this non-investment, non-cryptocurrency!  SUPPORT JINN! AWESOME!!!!111Eleventy"
Yes. It's *NOT* an investment, it's a software token. Simple as that and we're 100% upfront about it including all risks associated with it. I know that you are a idiot anarchist who thinks the real world does not apply to you, but we prefer to operate in the real world.

It's also cute to see how you have downvoted my account 8 times in 2 days for showing how dumb you are, keep going :D

This'll be the last post from you I respond to, ever since we had that big debate where I absolutely demolished every single argument you had against IoT and UBI I have been unable to take you seriously. Anyone else that is a serious person with real questions/concerns, feel free to ask away.

32
Nxt General Discussion / Re: NXT and quantum resistance
« on: November 27, 2015, 07:30:39 pm »
IOTA can strengthen NXT's blockchain via checkpointing, so it could enable quasi-quantum resistance in NXT

33
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 27, 2015, 08:46:46 am »

34
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 27, 2015, 07:13:37 am »
Thanks for pointing out that I am consistent. "Even if it may have been described as
that by us or others previously.
"

This is a legal issue, nothing more and nothing less.

35
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 27, 2015, 04:57:13 am »
So I can only buy IOTA with bitcoins?

Yes, if you don't hold JINN tokens.

36
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 26, 2015, 05:47:11 pm »
IOTA should also not be considered an investment. There is absolutely no guarantee
that the IOTA that you purchase will increase in value. Instead you need to consider that
over time it may decrease in value.

Um? So why buy it? There is no guarantee that any "investment" will increase in value. Are you guaranteeing here that it won't increase in value?

No. I'm simply saying that we cannot guarantee that it will, standard procedure.

37
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 26, 2015, 02:34:39 pm »
Quote
2) What IOTA is not.
IOTA should not be considered a cryptocurrency, even if it may have been described as
that by us or others previously. Currently IOTA tokens (i) cannot be exchange for any
goods or services (ii) has no known uses outside of the IOTA network, and (iii) cannot be
traded on any exchanges and as such does not fit the the description of a
cryptocurrency.
IOTA should also not be considered an investment. There is absolutely no guarantee
that the IOTA that you purchase will increase in value. Instead you need to consider that
over time it may decrease in value.

Also everyone pondering about the potential of IOTA should check out: https://medium.com/@DavidSonstebo/iota-97592581f985
Quote
It is an open-source, decentralized cryptocurrency that is meticulously engineered specifically for real-time micro-transactions in an environment that requires scalable flexibility and lightweight hardware.

Is it a cryptocurrency or not? You are contradicting yourself. Please explain.

IOTA should not be considered a cryptocurrency, even if it may have been described as
that by us or others previously.
Of course you can use it as such, but we don't legally sell it as such.

38
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 25, 2015, 09:50:43 pm »
Also everyone pondering about the potential of IOTA should check out: https://medium.com/@DavidSonstebo/iota-97592581f985

39
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 25, 2015, 09:49:43 pm »
I'm curious,

If the project ICO does 250 BTC only... what then? You mentioned you have no goal in mind, but I assume there is a threshold you guys need to hit.

THX

With 250 BTC we are still confident that we'll get a lot further along and complete IOTA for sure. There will inevitably come a time when our start-up will need to raise significantly more money, probably via more conventional VCs, but to do so at this stage would be extremely bad for the project as we'd have to sacrifice control, which means Jinn as we envision it would probably be water down.

We do have a clear plan and 250BTC will get us a good distance on that road.


40
Nxt Community News and Announcements / Re: IOTA - JINN
« on: November 25, 2015, 08:15:32 pm »
I was really hoping to use my COINBASE VAULT account which I have control over private keys... but, even those generate new address for every TX and I don't want to risk being locked out of receiving my IOTA because of a technicality!

I really don't like setting up wallets on blockchain.info...

Being that we will need to SPEND two tx from this address, I am not going to use my cold wallets that I generated before. So, this process is a bit annoying for me right now!

I have noticed that a few find this process a bit cumbersome due to this issue, but the alternative would have been way worse for most people, requiring a lot more steps. The third alternative would be to code a sign-up system and have people sign up and verify via email etc. but this is the most invasive and also very open to attacks.

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