~PUFFSCOIN~ smart contract driven cannabis cryptocurrency

[Lrus007]

lets use bud as currency.
you know the barter system has worked for a long time.
trade bud for texas hookers, milk or lettuce ect.
now if you want to give me gold coins for bud i would not refuse.
call me old fashion. but i like to hold my money sometimes.
good luck with your ponzi.. i mean puffscoin venture
Lrus007

[PUFFSdev]

thats a little nit picky.

It's not nit picky, it's called due diligence. For all your use of fancy terms and jargon, you should surely understand that simple concept.

...my fellow SubGenii...

Ah yes, your Subgenius friends...where you leave more footprints of your nature...

"...im not white...BUT I AM TRASH."
http://www.subgenius.com/bigfist/FIST20 ... onya..html" onclick="window.open(this.href);return false;

well, the subgenii, either you get 'em or you dont. weed has been the essential holy sacrament since that happy cult's inception. and the seven words of a longer rant you quote there are very our of context, but thats ok. that was also written 15 years ago. i was... BARELY 30. c'mon. you cant pick apart what im doing withmy project so you pick me apart. i have warts and skeletons and all that fo' sho' and try to attack me. the simple concept i understand is that theres an inequity that i can help fix, and whether ive said a nutty thing or THIRTY in the past, that doesnt preclude the fact that im a very intelligent person who has built a very complex system with a simple purpose. im not evil, im not an asshole (im a BIT of a curmudgeon) and im actually trying to to a good thing, ive been involved in this industry for long enough that i know the pitfalls, i know the snags and i know what works. i dont think you have a working knowledge of the industry whatsoever, so maybe compare what im building against some of the other projects first before writing me off.

And then I found this as well...

This domain name was registered the 22/08/2017 and update for the very last time the 22/08/2017. The subscription period will finish the 22/08/2018 Abvhiael Stuart (GAY Foundation) is the owner of gaymoney.market domain name. The gaymoney.market main IP address is 198.71.232.3 and it's located to United States, ...

https://registrydb.com/amp/gaymoney.market" onclick="window.open(this.href);return false;

i mentioned that i assisted an LGBT group in positioning their product towards market utility. it was a very challenging job for me because im very straight, BUT there was a massive untapped market that was self-identified, and the developer of the project was sorta floundering. i worked with them for about six months but development wasnt going where it needed to, at the pace it needed to, and THIS project seemed much more NECESSARY, something i could do a whole lotta good with. im no longer associated with that development group, although i wish them all the best as theyve rebranded their name (maintaining my writing and my development roadmap) as Proud Money.

Dude....I'm just doing a very simple Google check into your background, and it's throwing up so many red flags that I wouldn't further consider your offering. I haven't even bothered to look at your three partners yet. Makes me wonder what I would find if I actually knew what I was doing.

yuiur really pushing hard to find something nefarious though, which is more of a telling sign about you than it is about me. look. im not some monster human being out there to rip people off. im actually a really decent fellow who goes out of his way to generally do good things. ive volunteered with search and rescue for nearly ten years, im a freemason and have volunteered with the de molay boys group. if you looked really deep you wouldve found my website about waterfalls (nswaterfalls.blogspot.ca). if you dug really really deep youd find out im a normal guy with a fairly normal life.

It's been a couple years now...how are those MISHcoins doing for you? Did you make any money? Are they even worth what they were sold for at offering? Did you even receive them?

I know yours were just a nominal giveaway, but these questions should point out to you why investors need to be very scrupulous before spending standard forms of currency on unproven, intangible, crypto forms.

EXACTLY what i say alla time. and youve gone from being scrupulous to trying to find somehting deep and dark and ugly in my past to use against me for whatever reason. its not debate, its just attack. you seem like a really intelligent guy and i wish you all the best, but if you cant at least keep the debate on the issue and not passive aggressive attacks against me as an individual then i dont think we have much left to say. at least you can say this, with all your in depth vetting of my oh so unspectacular life, im a real person which is more than can be said for a lot of projects out there that ARE scams. ill give you my address and phone number if itd help. i stand fully behind what ive built because i know it works (the testnet hums) and i know its going to make a difference. if this project pays for the medical cannabis for TEN veterans, if it improves just TEN lives, then its been worth every hour of every day of the last eight months ive spent on it.

when we are going, and we're transparently operational, this july, drop me a line. ill send you 500 PUFFS, no matter what theyre worth at the time. maybe itll be worth a gram. maybe itll be worth a quarter pound and a buster and a cute tshirt. but itll be worth every penny of it to prove you wrong.

[Butcher Bob]

ive been involved in this industry for long enough that i know the pitfalls, i know the snags and i know what works. i dont think you have a working knowledge of the industry whatsoever

Yet just a year ago you couldn't pay for your own smoke.

While I've been on these boards for the last 15 years, helping teach folks how to grow, and often giving seeds out for free, without ever asking for anything in return. And I've made no secret that my education and work history for the last 30 years is in the area of accounting and finance.


I have been playing nice so far, hoping that you would get the message that we are not a bunch of stupid stoners. And at the same time leading you down a treacherous road, where if neccessary, I will hang you with your own words. I've known most of the active members here for longer than this site has been around...I consider them family...and I act in their best interest.

[bentech]

bob is one of the most even handed members here PUFFSdev,

im curious how coins value are initially set and how is that effected if only coin owners making transactions are working the blockchain?

what kind of transaction time would you be facing at that point?

[PUFFSdev]

ive been involved in this industry for long enough that i know the pitfalls, i know the snags and i know what works. i dont think you have a working knowledge of the industry whatsoever

Yet just a year ago you couldn't pay for your own smoke.

While I've been on these boards for the last 15 years, helping teach folks how to grow, and often giving seeds out for free, without ever asking for anything in return. And I've made no secret that my education and work history for the last 30 years is in the area of accounting and finance.


I have been playing nice so far, hoping that you would get the message that we are not a bunch of stupid stoners. And at the same time leading you down a treacherous road, where if neccessary, I will hang you with your own words. I've known most of the active members here for longer than this site has been around...I consider them family...and I act in their best interest.

well, kudos to you, and as i said before, i appreciate the hard questions, but i dont appreciate personal attacks, especially when you attempt to slant your presentation to colour me as a scammer. and while im often irreverent, i dont think ive ever given the impression i think of anyone as a "stupid stoner" especially since i have in my own life fought to push against that very same stigma. the funniest thing here is that we're on the same damn side, but because, as i said, i dont think you really GET crypto, you attack it. its the same thing the banks are doing, because crypto, in essence, is the thing that will disrupt them, and its the board of directors fat bonuses that they worry about, not the customer.

hang me with my own words if you want. i speak honestly and consistently. you can twist, macrame, and weave my words into whatever you want, but i believe in my project, i understand inherently the mechanics of the industry, and what we've built is factors better than the competition. crypto isnt going away. it is becoming more and more integrated in everyday life. instead of fighting me about it by trying to tear ME down pesonally, why not explain to me why you are terrified of crypto in the first place? if your entire argument is that crypto is a scam, then you havent done any research and yuir simply speaking out of the side of yuir arse. i know that we will make a difference with this project, and while you have had 30 years in accounting and finance you SHOULD appreciate what an unalterable ledger means to an industry like this. as a financial instrument, that one simple expression of use should excite you.

if this is just about scoring points on me, then whatever, you arent worth the time. if you are interested in actual DEBATE on the ISSUE you disagree with, then im here all week.

[PUFFSdev]

bob is one of the most even handed members here PUFFSdev,

im curious how coins value are initially set and how is that effected if only coin owners making transactions are working the blockchain?

what kind of transaction time would you be facing at that point?

i dont doubt that, and its great that theres people out there to ask tough questions. ive never been one to shrink from that. my issue is that it quickly denigrated into an attack on my character rather than an assessment on the project on its merits or faults. i like to think of myself as pretty even-handed as well, and i appreciate oppositional points of view because they challenge me to present my work in a different way, to defend what ive built. and yes, im very proud of the protocols we've developed and how we've adapted what is generally a strictly capitalist economic endeavour, no matter what the cryptocurrency maximalists state, the vast majority of cryptocurrency development is purely profit driven.

ive always been a universalist, i suppose you could call it. i have a strong sense of honour and integrity, not only from my being raised in a household with masonic tradition, but through my time in the military, through my work with nova scotia ground search and rescue.. i believe in the ideal that by raising the least among us we build society as a whole. im a socialist in that i believe in intrinsic equality. and while there are constant scams, not only in the crypto world but seemingly in every aspect of our lives nowadays, to be labeled as such with no evidentiary process, simply.. its crypto and you aren't giving your time and work away for free so you are a scammer. if there were fundamental flaws in our protocols, if we were attempting to be anonymous developers or presenting the project as a cant miss investment of 2018, then we'd be deserving of emnity, but spurious personal attacks rather than the "debate" he was eager for isnt necessary, deserved or appropriate.

that being said, to answer your questions about the project... we came about our final price point unit valuation for our Genesis Sale of (at present exchange rates) about USD$0.12 by averaging the transaction volume the sorts of applications we are building have experienced on other networks where analgous smart contract suites are deployed, essentially watching how they were received on the Ethereum blockchain. we calculated the average transaction cost in "gas" on the PUFFScoin network, compared to differing token valuations, and felt that price would be effective in presenting enough transaction funding in a 30 day period to cover the prescriptive needs of 25 vets. if we produce utility and well recieved applications, encouraging user participation in as many ways as we can, the value of PUFFScoin may increase, which would make our primary funding mechanism with the Veterans Endowment more effective, able to reach more vets and first responders.

we have other methods in place that will help increase the currency valuation, we will be accepting other cryptocannabis assets at the Leafy Cauldron, which will be exchanged at Point of Sale for PUFFS and the retail transaction will be processed on the PUFFScoin blockchain. those cryptocannabis assets will be exchanged at market, and the funds used to purchase against the PUFFScoin sell well on markets where our asset is traded, to replenish the Cauldron wallet.

regardless of how we approach the project, the driving engine of most cryptocurrency is its simple transferablilty through trade, and the markets will do what the markets do. most times, market valuation and project development are quite distant from eachother in why a coin goes up or down and the crypto markets are NOTORIOUSLY fickle. id LOVE to see PUFFScoin reach parity with the canadian dollar. BUT realistically, its better for PUFFS to have a lower price point because that keeps computation costs for smart contract operation lower. part of the appeal of the "global virtual computer", to me personally, are projects such as CureCoin, where users commit their computer resources to helping solve protein folding simulations. ive actually worked on porting the BOINC distributed computation process to the EVM, and have some of the smart contract architecture organized, but that remains a work in progress. id put wrk into that a few years ago when seeing a way to use SOILcoin to help do computational processing for climateprediction.net. these same processes can be used to assist in cannabinod research, and we will likely offer up something along those lines next year. (if i figure out how to burn the candle on six ends and learn to fold time a bit so that i can manage 36 hour work days)

transaction times are based on average block time. with bitcoin, because of its popularity and because of its 10-minute block time and lmited block size (the number of transactions recorded in a block), there can be very long delays. PUFFS has an average block-time target of 12 seconds. realistically, because of the protocol's responsive difficulty algorithms, the average block time is about 15 seconds. full confirmation of a transaction is recommended to five blocks. thus, your transaction will generally take less than 30 seconds to process, but responsible use dictates you should wait a few minutes to ensure the transaction is deeply rooted in the blockchain ledger. after that, its irreverible.

[Butcher Bob]

SpacemanSpliff...hmm, why does that name seem so familiar? Oh well, it escapes me for the moment, but I'm sure if I reach out, someone will help jog my memory.



So much shredding to get to. <sigh> I think I shall do this in pieces, so as not to overwhelm the readers. Let's start with some very basic educational material...because in the end, I don't give a fuk aboot you, I only want to pass knowledge onto others.


The most basic tenet of currency:

Currency only has value, if people believe it has value.

Doesn't matter if it is gold/silver, paper issued by the state, or crypto...people must believe it to have value for it to be accepted as currency.

Gold and silver are just rocks. Initially it seems silly that rocks would have value. But they have been used in the production of products for thousands of years, therefore giving them value, which can then be translated into currency.

Paper issued by the state seems even sillier by contrast. Paper, or really cloth, can be produced in abundance, so it does not have the same value aspect as gold/silver does. Instead, this form has value because the state issuing these notes says they will back the value of them, hence the phrase 'full faith and credit". But that does not guarantee value, because it is still subject to peoples' belief. When people quit believing it has value, hyper-inflation ensues, and the currency collapses.

Cryptocurrency is an even stranger animal. It has no value in product production. It has no national backing. It only has the hype the creator can stir up, in order to get people to believe it has value. This is why the integrity of the creator is so important...because if it is not beyond reproach, then it is just a scam where the end user loses out.


So let's take a closer look at cryptocurrencies...

It just amazes me that an anonymous source could create BitCoin, and have it taken seriously. I guess people were just all too willing to believe in something they have no concept of, in exchange for the promise of anonymous transactions, safekeeping, and capital gain. Integrity of the creator had to be there, because after all he was able to remain anonymous, and created something very few people can truly understand.

But things usually eventually come to light, and it is now widely accepted that the creator is most likely Craig Steven Wright, self-proclaimed leader of the BitCoin development team, and most likely holder of the moniker Satoshi Nakamoto, the name associated with BitCoin's creation. So let's take a look at his credentials...

Wright was an adjunct academic in computer science and researcher at Charles Sturt University, where he was working on his second PhD entitled "The quantification of Information systems risk" He completed 18 SANS Institute courses and was the world's first person to receive GIAC certification in Compliance and Audits, and was a SANS Institute Mentor. He holds GSEMalware and GSECompliance certifications, among others, from GIAC.

Wright says his PhD is in theology, comparative religious and classical studies, achieved in 2003 with a dissertation titled "Gnarled roots of a creation theory". Wright claimed to have a PhD in computer science from Charles Sturt University on his LinkedIn profile. But the university told Forbes that it only awarded him two master's degrees and not a doctorate.

Wright has written or co-written several books, including The IT Regulatory and Standards Compliance Handbook: How to Survive Information Systems Audit and Assessments.


Wright worked in information technology for various companies, including OzEmail, K-Mart and the Australian Securities Exchange, as well as working as a security consultant for Mahindra & Mahindra. He designed the architecture for possibly the world's first online casino, Lasseter's Online, which went online in 1999. He was the information systems manager for the accounting firm BDO Kendalls.

Wright was the CEO of the technology firm Hotwire Preemptive Intelligence Group (Hotwire PE), which planned to launch Denariuz Bank, the world's first bitcoin-based bank, though it encountered regulatory difficulties with the Australian Tax Office and failed in 2014. Wright is the founder of cryptocurrency company DeMorgan Ltd., which received $54 million AUD in tax incentives via AusIndustry. He is also the founder of the cybersecurity and computer forensics company Panopticrypt Pty Ltd


https://en.wikipedia.org/wiki/Craig_Steven_Wright" onclick="window.open(this.href);return false;

Satoshi Nakamoto indicated work on BitCoin began at least 20 months prior to it's start.
http://satoshi.nakamotoinstitute.org/em ... graphy/15/" onclick="window.open(this.href);return false;



Now, finally, we get to you, Mr. Stuart. Let's take a look at the credentials you have given us...

i served in the Canadian Army during the early 90s...
...im a veteran who uses cannabis for PTSD...
...a year ago...was seriously considering physician assisted suicide.

last autumn...we thought to launch a cryptocurrency...

our web manager and assistant blockchain developer, mitch j, has his cannabis master degree from CTU...

my previous work in cryptocurrency over the last several years...
SOILcoin...but i have a family to feed and have never been rich. my computer wasnt competitive in mining the currency i helped develop.
...a brazilian fellow contacted me for help with is project and we positioned it to work as an alternative entry point for cryptocurrency in brazil where the poorer class were actually using bitcoin...
...i assisted an LGBT group in positioning their product towards market utility. i worked with them for about six months but development wasnt going where it needed to, at the pace it needed to...

i have a registered tattoo business

...i was doing archaeological survey work...

...my work with nova scotia ground search and rescue...


...compare what im building against some of the other projects first before writing me off.

Comparing is exactly what I am doing. I am not attacking you...I am questioning your ability to provide a successful cryptocurrency.

Satoshi Nakamoto has written numerous papers, leading the field of cryptocurrency. And that certainly appears to be well within Craig Steven Wright's abilities. And Mr. Wright has maintained that there was a team of experts working on the project.

Comparatively, while your stated intentions seem altruistic enough, and your work experience in other fields honorable enough, your education and background in cryptocurrency would seem to be severely lacking.


I am still trying to play nice, because I am giving you the benefit of doubt.
Do you wish to move on to the numbers portion?

[MadMoonMan]

Ok so I'm anxiously in line waiting to send all my money on the 4/20/18 opening date.

Do I have to stay up till midnight? 12:01? Or be somewhere else where the first dawn shines?

[Munchy]

omg, it's already 4-20 !!! in Greenland...

[Irwin the Troll]

Puff coin is both. Alt coins in my travels have always been pump and dump schemes. Cyber monies need to focus on usability , stealth, and security. Everything else in the code is puff. 300 coins out there and less than 5 are truly stable. The focus on cyber right now should be public acceptance and use. Bitcoin needs to be mainlined and fast or it will be contraband itself.