Keybase and Stellar Partner on XLM Airdrop Worth $118M • Hacker News Board

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#61

Post by novok » Mon, Sep 09, 2019, 10:49 PM UTC

gexla wrote: post #18

3JPLW wrote: post #10

When I first saw this I just assumed it was some sort of spam/scam. What's the rationale for giving away money here? Is it purely Keybase/Stellar marketing? How is Keybase planning on making money?

They aren't giving away money. They are creating these coins out of thin air. The only way anyone is losing money is possibly by deflating the value of existing coins by creating more supply. That these coins are worth anything at all was sort of luck by being early in the race. The top 10 - 20 coins don't seem to change much. These airdrops were an expectation from the start. The first coins from this organization w…

Creating more of a currency is typically known as inflation. Deflation is the opposite.

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#62

Post by yebyen » Mon, Sep 09, 2019, 11:01 PM UTC

tawm wrote: post #34

How to join the drop: 1) install Keybase: https://keybase.io/download 2) add your device 3) in the app, go to devices (second to last item in the nav) and add two paper keys 4) click on your avatar (top of nav) and select "View profile" 5) click "Prove your [GitHub, Hackernews]" and follow the steps (HN might take a while to update, took about 2 mins for me) 6) now you should be able to join the drop

(edit: I just had to restart Keybase app.)

If I see four checkmarks and "Register inside the Keybase app" what am I missing? Do I just need to make sure I have a stellar wallet, or is there something else?

I'm using the Keybase app for MacOS and don't see any indication that I have joined the drop, or prompts which mention it.

The "register" call-to-action button just sends you to https://keybase.io/download which has a link at the top, " News: the Keybase Stellar Space Drop " that sends you right back to the same page as referenced in the post.

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#63

Post by al-king » Tue, Sep 10, 2019, 2:02 AM UTC

SilasX wrote: post #48

Sorry to be the pedant here, but this isn't the correct use of "airdrop", or at least, not how it's commonly used in the cryptocurrency community. And airdrop typically refers to a fork that someone starts of an existing cryptocurrency, but keeps the same global ledger (blockchain or equivalent) up to a certain date. At that date/time, anyone who held the cryptocurrency at the time is treated as having that same amou…

The 'airdrop' analogy doesn't really capture anything about the involvement of branching ledgers, so it doesn't seem entirely unfair to use the same giveaway jargon the community's previously used. But definitely, a different mechanism is involved here.

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#64

Post by gilrain » Tue, Sep 10, 2019, 2:58 AM UTC

hashtagjohnt wrote: post #46

I can't believe this is actually in the terms of service: 7. YOU AGREE TO HELP SPREAD THE WORD. You vow to lean about Stellar by visiting https://stellar.org and by testing Stellar-in-Keybase, simply by sending Lumens to people you care about, or at least your enemies' enemies. You will aim to encourage 5 people to join Keybase for its Stellar features. I legitimately might not sign up now.

Whimsy? In my grim, algorithmic reality? It's more likely than you think.

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#65

Post by SilasX » Tue, Sep 10, 2019, 4:48 AM UTC

al-king wrote: post #63

SilasX wrote: post #48

Sorry to be the pedant here, but this isn't the correct use of "airdrop", or at least, not how it's commonly used in the cryptocurrency community. And airdrop typically refers to a fork that someone starts of an existing cryptocurrency, but keeps the same global ledger (blockchain or equivalent) up to a certain date. At that date/time, anyone who held the cryptocurrency at the time is treated as having that same amou…

The 'airdrop' analogy doesn't really capture anything about the involvement of branching ledgers, so it doesn't seem entirely unfair to use the same giveaway jargon the community's previously used. But definitely, a different mechanism is involved here.

It captures the metaphier of “you do nothing further on your end, and stuff of value falls in your lap”. This offer doesn’t do that and requires active steps on your part. If it’s air-anything, it’s “air rendezvous” :-p

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#66

Post by akirakira » Tue, Sep 10, 2019, 8:49 AM UTC

nice!

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#67

Post by Voigh7 » Tue, Sep 10, 2019, 12:19 PM UTC

I find the idea rather good to link crypto currencies to exchange with third parties in a secure way

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#68

Post by al-king » Tue, Sep 10, 2019, 1:50 PM UTC

SilasX wrote: post #65

al-king wrote: post #63

Earlier quoted context omitted.

The 'airdrop' analogy doesn't really capture anything about the involvement of branching ledgers, so it doesn't seem entirely unfair to use the same giveaway jargon the community's previously used. But definitely, a different mechanism is involved here.

It captures the metaphier of “you do nothing further on your end, and stuff of value falls in your lap”. This offer doesn’t do that and requires active steps on your part. If it’s air-anything, it’s “air rendezvous” :-p

ah, well, for preexisting Keybase users with linked GitHub accounts it fits that description - I found out about it because I got given some without doing anything.

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#69

Post by printablegb » Tue, Sep 10, 2019, 2:01 PM UTC

tawm wrote: post #34

How to join the drop: 1) install Keybase: https://keybase.io/download 2) add your device 3) in the app, go to devices (second to last item in the nav) and add two paper keys 4) click on your avatar (top of nav) and select "View profile" 5) click "Prove your [GitHub, Hackernews]" and follow the steps (HN might take a while to update, took about 2 mins for me) 6) now you should be able to join the drop

Hi. Does anyone know how I can join the xlm airdrop? I dont have a keybase account or a github or hacker news account. I created an account for keybase today but they say I am too late and need to connect an account which was registered before the 9th September? Any help please. Thanks.

Re: Keybase and Stellar Partner on XLM Airdrop Worth $118M

#70

Post by printablegb » Tue, Sep 10, 2019, 2:01 PM UTC

Hi. Does anyone know how I can join the xlm airdrop? I dont have a keybase account or a github or hacker news account. I created an account for keybase today but they say I am too late and need to connect an account which was registered before the 9th September? Any help please. Thanks.