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Keybase and Stellar Partner on XLM Airdrop Worth $118M
- StavrosK 7y agoThis happened? So even though I have a Keybase account that I use regularly, because I didn't click "join the airdrop", I missed this month's giveaway?
- malgorithms 7y agoNope, that's not the case, in fact you'll get the Lumens automatically within a day or so. If you want to _continue_ after the first month, you'll need to click the button in the app saying you want to. But you have a month to do that.
- deleted 7y ago[deleted]
- jazzyjackson 7y agoI don't see any details on this in my keybase, it's a big confusing to say something has already happened and I'm wondering if I was included or not... I've verified my HN and GitHub. Perhaps it's still being rolled out, can't complain :)
- regnerba 7y agoI had to fully quit the app and launch it again before the "airdrop" button appeared. Still unsure myself about the first airdrop. I used my account regularly, was able to join the airdrop so meet all the criteria, but havne't had any Lumens added to my wallet.
- MastrChefRocks 7y agoAccording to Chris(1), the rollout "might take a couple days" because of a lazy sending script they're using 1: https://keybase.io/chris https://keybase.io/chris
- regnerba 7y agoThanks for the info. Will wait and see.
- StavrosK 7y agoI see, thank you. Yeah, it's a bit confusing because the post says they already sent the lumens...
- EdTsft 7y agoI'm confused by the stellar sign-up terms. "6. WE ARE UNABLE TO HELP DISTRIBUTE SDF LUMENS TO USERS IN CERTAIN COUNTRIES. By activating this wallet you agree you're not in Cuba, Iran, North Korea, Syria, Sudan, Crimea, or any other country or region subject to sanctions by OFAC; further you agree you're not a non-resident alien of the United States." So this is only open to people living in the USA or people with some sort of non-alien legal status in the USA who are not currently residing in the list of banned countries? Seems odd to ban a specific list of countries, and then on top of that ban almost everyone who is not in the USA.
- josh2600 7y agohttps://en.wikipedia.org/wiki/Office_of_Foreign_Assets_Control https://en.wikipedia.org/wiki/Office_of_Foreign_Assets_Contr... << This is the wikipedia article you're looking for if you want context.
- EdTsft 7y agoAm I correctly interpreting the clause as saying that pretty much only Americans are eligible? I'm confused because if that is the intent then the clause is really burying the lede when it starts out by excluding "users in certain countries".
- ricardobeat 7y agoNo. That doesn’t exclude other countries - it means you are not illegally living in the US (“non-resident alien”). They are just complying with US sanctions/international law.
- EdTsft 7y agoThanks!
- mynameisvlad 7y agoSo what if you're temporarily in the US on a tourist (B1/B2) visa? Or on NAFTA status? Or as a non-resident using H1-B (which is dual intent)? Non-resident alien doesn't mean illegal immigrant at all. As the name implies, it means you're a non-citizen who is also not residing in the US.
- skybrian 7y agoPrevious topic that got flagged for some reason: https://news.ycombinator.com/item?id=20919736 https://news.ycombinator.com/item?id=20919736
- floatingatoll 7y agoI flagged that one (and this one) because a cryptocoin giveaway isn’t newsworthy at HN, any more than “free iPad contest” or “get a $20 gift card” deals would be.
- deleted 7y ago[deleted]
- 3JPLW 7y agoWhen 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?
- jazzyjackson 7y agoJust think of it as Universal Basic Income... get your coinage into circulation, and when people use your coins to exchange value, now your coins have value! So as the coin minter, hopefully you've kept some coins for yourself too, and now you have money!
- 3JPLW 7y agoYes, I get that. So is Keybase banking on XLM itself to drive their revenue?
- deckar01 7y agoI had an account for years, but I rarely used it and didn't even know they had an app now. To qualify I had to install the client on 2 devices and setup account recovery. I am now much more likely to explore the app.
- edwardfrank 7y agoAgreed. I'm checking it out now too.
- edm0nd 7y agoThe Stellar team uses Keybase as their main base of operations. They are the third most popular (2.4k members) Team on Keybase. https://keybase.io/popular-teams https://keybase.io/popular-teams I'm assuming its a co-marketing campaign in between Stellar and Keybase.
- gexla 7y agoThey 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 were also airdropped and they have done other airdrops since. I'm not a guru in this space, but I believe the idea for Stellar was to be more of a utility coin as opposed to a store of value.
- pixelperfect 7y agoThis is an interesting/generous giveaway... I'm not sure what to think about XLM. On the one hand, I am very pessimistic about all altcoins, but on the other, I am impressed with Stripe, Keybase, and the teams behind those products.
- Bitcoin_iencli 7y agoXLM is a very cool altcoin system, thanks to it there is no third party so no commissions and really low TRX cost. IBM also makes a lot of server as nodes for the Stellar network.
- gavreh 7y agoOriginal topic: https://news.ycombinator.com/item?id=20919736 https://news.ycombinator.com/item?id=20919736
- mpascale00 7y agoI appreciate the free money, but is their goal to get me to use this cryptocurrency?
- mr_the_face 7y agoYes, yes it is. Or at least become familiar with it.
- jwr 7y agoAt this point, I am at a complete loss to understand what it is that Keybase is, or is doing. A pity, because it started so well, as a way to manage my online identity.
- giancarlostoro 7y agoIt is a swiss army at this point. I don't mind some of the options. I was hoping they'd make email one of their endeavours in a way that's compatible with protonmail as an alternative. I was also hoping they would sell me additional storage or something.
- ve55 7y agoIt seems like they want to do a lot of things, but they embark on new projects before previous ones have gained significant adoption. This makes it appear like they lack a general direction, with some of the suggestions on this page already spanning from key management to cryptocurrency to group chat. Everyone likes free money, but I'm not sure if this will be a net plus for them or not, it comes with a lot of overhead in multiple areas, and I hope they realize that with this post.
- 3JPLW 7y agoIt's like Pied Piper, but with cryptography instead of compression!
- Legogris 7y agoPersonally, the online identity part is the thing I'm the _least_ excited about with Keybase and would actually prefer it without (or, even better, selective disclosure where I can choose to give proofs of identity to users without Keybase sniffing it up). I find it
- nickik 7y agoI don't care about that crypto currency stuff. I still think Keybase overall is a great tool.
- pwelch 7y agoTheir private encrypted git repos and file storage is pretty solid.
- dondryder 7y agoDidn't Stellar recently do a similar airdrop with Blockchain wallet? Seems a contrived way to increase adoption/use of xlm...
- keussen 7y agoCorrect, but they're now winding down the airdrop. You can read more about it here: https://blog.blockchain.com/2019/07/15/airdrops-adoption-whats-ahead/ https://blog.blockchain.com/2019/07/15/airdrops-adoption-wha...
- BigWhig 7y agoThanks
- chouchou312 7y agoGrab your free XLM worth $25 while it still lasts. Also means to register your identity
- dondryder 7y agoThanks for info will check
- tawm 7y agoHow to join the drop: 1) install Keybase: https://keybase.io/download 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
- yebyen 7y ago(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 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.
- yehudab 7y agoCheck this out: https://github.com/keybase/client/issues/19408 https://github.com/keybase/client/issues/19408
- printablegb 7y agoHi. 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.
- sliken 7y agoTo avoid bots they don't seem to be allowing new github or hacker news accounts. So it looks like you are out of luck if you didn't already have those accounts.
- hmhrex 7y agoCould this potentially dilute the worth of XLM?
- BigWhig 7y agoCould this dilute the value of HN?
- hashtagjohnt 7y agoI 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 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.
- gilrain 7y agoWhimsy? In my grim, algorithmic reality? It's more likely than you think.
- SilasX 7y agoSorry 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 amount in the new fork. Hence why it's called an "airdrop": from the perspective of existing users, it feels like someone just dumped some freebies on you. This is not an airdrop, in that meaning. It's just a regular giveaway. (With that said, this finally gave me the kick in the pants to sign up for Keybase. I initially ignored it because, well, I don't hold any XLM or have the software for it set up, why would I benefit from an airdrop? Glad I read the fine print.)
- al-king 7y agoThe '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.
- SilasX 7y agoIt 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
- nickik 7y agoI think Keybase is great but I'm not really much interested in the Crypto Currency stuff. I would much rather they focus on good authentication services, there is so much great things you can do with what they have now.
- lemmybe 7y agoI think i'm interested but unfortunately my karma point isn't enough to prove my HN identity. Maybe, some help would do smiles
- t0mbstone 7y agoThe funny thing is that it seems that the amount of XLM you get (according to https://keybase.io/a/i/r/d/r/o/p/spacedrop2019 https://keybase.io/a/i/r/d/r/o/p/spacedrop2019) is related to the number of people who sign up. It appears that the amount of airdrop money is being divided equally amongst all the people who sign up. So in a round-about way, after you have signed up, you are actually incentivized to not spread the news. As it stands right now, if nobody else signs up, I will receive over $19,000 XLM (roughly $1136 USD). So yeah. Nobody else sign up for this, please!
- yebyen 7y agoFrom the top of the bottom part: > The Finest of Fine Print > No individual recipient will get more than $500 USD worth of Lumens.
- alpisec 7y agoThe question is: How long is your wallet worth $500 USD. The value dropped in the last months significantly. Otherwise - it´s free money.
- eevilspock 7y agoif the cryptocurrency fails its dollar value will plummet. So do you really want no one to sign up?
- zilian 7y agoThe airdrop site says "You'll get 1,835 Lumens (XLM) if no one else registers. " but on the first drop I got 356 XLM (20.92USD).
- akirakira 7y agonice!
- Voigh7 7y agoI find the idea rather good to link crypto currencies to exchange with third parties in a secure way
- printablegb 7y agoHi. 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.
- spookiestevie 7y agoYo
- spookiestevie 7y agoWoohoo
- Slinkydu 7y agoHello, i just want to ask. i just created and keybase account. that was before sept 9. does this mean i don't get any airdrop? not even for the next month or so?
- Hayashi151 7y agoyour question is confusing. when did you create the keybase account? BEFORE or AFTER 9/9/19? if after, do you have any older GH or HN accounts before 9/9?
- maximilianomx 7y agoEstou participando ! Muito bom
- sliken 7y agoSeems like increased popularity is impacting keybase. My client is now getting: Error: ERROR CODE 218 - internal chat storage error: readBlock: failed to decrypt block: 1 in method chat.1.local.getThreadNonblock at new s (file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:561326) at file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:561922 at u (file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:561961) at file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:1242674 at file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:3018547 at e._call (file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:2580383) at file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:2580523 at s (file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:2580163) at e._fulfill (file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:2580493) at s (file:///opt/keybase/resources/app/desktop/dist/main.bundle.js:1:2579694)
- cryptono 7y agovery great sir
- killjoywashere 7y agoWhat's the going rate for alpaca socks?
- Angelofanarchy 7y agoGreat news and great partnership, being here in 2019 is exciting. Everything is evolving and the blockchain is a wise choice to take. Good work to everybody on Keybase and Stellar, of course to HN too, keep going guys!
- dummy 7y agoI am excited about this XLM Airdrop. On the one hand the reputation of cryptocurrencies and in particular XLM will increase. And on the other hand, Keybase also creates real life use cases for the cryptopcurrencies, away from Crypto exchanges.
- Maison579 7y agoStellar is a project with incredible potential. This is a unique and totally different project in crypto currency market. I hope it should be great successful in future.
- griss2823 7y agoQuisiera hacer una pregunta yo soy nueva en keybase pero si ya tenia cuenta en GitHub antes del 9 que quiere decir que estoy en la primera ronda?
- Grrr222 7y agoNew to Keybase & Hacker News.Seems legit and a good tool to start learning the ins and outs.
- shauifly 7y agoI join keybase and github and hacker news to be able to join and get stellar but didnt allow me.. i dont know what happened but i was qualified cos i joined sept 9.. can someone help me about it.. it was lagging that time i guess theres a lot of people registering that time..