I am planning to maybe open for another 10-20 Twitter participants tomorrow, I will update with regards to Facebook, there will be more.

What is the real world use case of Spectre and why make another altcoin when there are already a lot released in the market? Would it not be better for the Spectre developers to support a more established coin of their liking to make that coin better for the community to use?

Spectrecoin Alternative Remittance system or Spectre.Cash

The team can now reveal some further details for the Spectre Alternative Remittance App, known as Spectre.Cash, that will facilitate cash transfers in the vein of the old-fashioned system known as ‘Hawala’. This age-old system is very popular with people that do not have bank accounts and wish to send money across the world. Have a look at a few links if you are unfamiliar with the concept. The concept involves trusted intermediaries that will facilitate the transfer without any money moving. The balance is settled later between the intermediaries. This system is facing problems however and increasingly overzealous and paranoid governments are increasing surveillance and attempting to limit freedom.

https://en.wikipedia.org/wiki/Hawala
http://www.economist.com/blogs/economist-explains/2015/10/economist-explains-12
http://www.n2moneymatters.com/2011/03/what-is-hawala-all-you-want-to-know.html

Having a think about this, something occurred to me. Cryptocurrency and mobiles could solve the problems of many and take this money transfer system into the digital age and also provide a real-world use of cryptocurrency that has not been done before.

Now think; replace the intermediary trust with cryptography and break the link between the intermediaries with ‘zero knowledge proofs’ and develop a totally decentralised proof-of-concept trust model with no central server and no central database. Add to this immediate settlement of balances using Spectrecoin and make the mobile app free for all and available for anyone with a mobile. The mobile system can be used with no prior knowledge of crypto.

This is really the background for the creation of SPEC. This is a real use of crypto for real people and has the potential to help the so called un-banked to access certain financial services.

The philosophy behind the project is one of “absolute privacy” which is a fundamental right. So, no registration, no personal details needed and no storage of any such details in any aspects of this project.

A skeleton Android app is in the making and further details will be released soon. The app will be released once working as a free app and open source. The aim is for the community to join in the further development of this.

In order to facilitate this Spectrecoin was created.

I am waiting for this. can I join if I have to join the signature campaign? because I have an account facebook and I want to join social campaign sir. can you tell me about this?

thanks you

Why don't you ask the developer if you don't understand anything rather than pass conclusive judgements on this promising project. I have spent quality time reading and comparing this project with others and I've seen the potential that Spectre possesses. I wouldn't rubbish this project because there aren't an escrow yet and I believe majority on this forum would agree with me.

Because the ICO is still not yet coming but after the ICO for sure it will be listed at poloniex and as well as other trusted exchange sites.



I can suggest that you choose Dabs as he is also escrowing another alt coin if I'm not mistaken that is XYY. You can just try to check out his ANN thread: https://bt.irlbtc.com/view/234939.0

There might be a flaw in the investment site.
I invested some of the Bitcoins I earned with your signature campaign and I have received another number, which is off by a lot.

I won't go into details here, but mandica contact me if you want to know more about it.

Also, is there any way you are able to change the withdrawal address? I just want to know for safety.

Well, maybe it's the 20% bonus for week 1, I will check. The math is sound.

If you invested 1 BTC it would show as 1.2 BTC in your account as 20% bonus is added. Hence, at distribution you will get 1.2 BTC worth of coins. Does that answer your concern? Take the amount you invested and add 20%, i.e. invested*1.2.

 

It's been fixed, if you check now. There was a strange little anomaly but it's been sorted.