Well just look at the indents of the headlines or at the empty lines beneath it... there is no system at all. I believe that trust in the dev is important. This whitepaper looks a little sloppy - that's all what I wanted to say. I did not want to create FUD ... I hope it will be regarded as constructive criticism. Maybe there was time pressure - well nobody cares about that - that's life.

Whitepaper is no scientific document that's right... but on the other hand informatics is teached at universities. And I think a high standard would help crypto to gain reputation in general. As it is now I never know if there is a professional being behind a paper or some highschool kids. Although highschool kids may be the most creative people... difficult to judge. Notable exception would be XC.

Regarding the content: I'm not competent enough to judge this  

I'm just going to hold for one reason.
I've seen that those guys are dedicated to the coin.

SC wallet is just awesome.

https://twitter.com/ThisWeeksCoin/status/479266983259942912


It's time to move the price up.
Got enough cheap coins.

Holding 250k on cold storage.  Aint goin anywhere.

Hi Community,

I have to be honest with you guys.  I was not immediately happy with the white paper.  After a brief skim I put up the 500k sell wall on Mintpal @ 3400 sat.  I had asked to review the paper ahead of time but was not afforded the opportunity.  I would have suggested a delay to polish it up.

After getting over being slightly annoyed at not getting to review the document ahead of time I gave the document another review.

It is painfully obvious that writing white papers is not the devs strong suit.  Why would you quote wikipedia as a reference ever?

That aside what make me take down the sell wall is that I do believe that the dev has vision.  I don't think expression of that vision is his strong suit, but I did see and share the vision from the first posts I read.

If the team can deliver on this paper Silk Coin will be worth more than bitcoin.  If they can't the coin will be worthless.

I am going to hold... I think they have a shot at this.

This may sound harsh, but I am just giving it straight as I see it.

Judge Crypto

I actually completely agree with you. I also feel prefer a professional looking format and attention to detail (spelling etc).
I suspect you have academic background and that you are familiar with the difficulties of academic publishing.

On the other hand, I don't really want my silkcoin devs to spend their time trying to live up to the expectations of the academic establishment. It seems to me they have a vision and that their talent lies in coding and seeing the possibilities and power of the blockchain.
If they can actually find a way to build a social network on the blockchain in a usable format, that would be immense.

I suspect there was time pressure. They have been working hard to get everything out as they promised and for me personally it inspires great trust.
Even having half a document today is much better than having no document today.

On the other hand, I also don't think they need to rush this. The market creates false expectations but what people need to remember is that there are quite a few people playing games with the exchanges. They might feel under pressure to try and keep the price buoyed up with new releases, but the price will follow the invention. If they keep calm and steady and carry on with their plan, Silkcoin will be successful.

(Also devs thanks for getting it proofread, as you can see there are harsh critics out there!)

How much more SC did you buy?

So do you think we'll get a little pump tonight?

It really depends. Pumps can be good as well, if you know why you shouldn't dump.
DRK has been pumped so many times, but it's still there. Even there are 50% of existing coins premined or instamined.

Thanks was not trying to make it seem like a snippy question, but understand that most people who try to move a coin one way or another seem to do so for a short term personal gain, your thoughts on the white paper are valued, but I would say its always better to contact the source and ask questions rather then knee jerk reactions, you seem like a smart guy/gal.  I wont complain I made this a buying opp because I like many see a vision here, but I agree with the Dev with all the FUD that was going around, a quick injection of future plans polished or not added credit and value to the over all project.