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So what is the point of the token? Will it cost money to send an email?
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So what exactly makes this different from IOTA?
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Where does the Cross Validation fit in? Will CHAOS be using other blockchains?
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Is this going to be an ETH token?
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"1235695 5 hours 9 minutes 31.6 kB 72,373.80845273 GEO 403.3 GaNTQy6kzdqN7..."
Really? You mean I spent $1,200 for 1,400 GeoCoins, but someone goes ahead and just pockets 72,373.80845273 at the following address: GaNTQy6kzdqN7uyxg97KHvt2YZsW6DMg4W. See? This is what I call investor dilution.... this is in fact, theft. That is 51.7 times more than what I received for paying $1,200. So someone literally got $62,040 in just a couple of seconds.... that's really screwed up. How does that even happen? But that $62,040 is not that person's money, who mined it, it is the money of the people like me who invested and put money into the coin. That 72,373.8 is just like the government printing money for themselves. It dilutes the dollars.... so inflation happens and each dollar you have is worth less because there are more dollars out there. Because the goods and services which you can buy with that dollar remain the same.
See for yourself. https://chainz.cryptoid.info/geo/The maximum number of GEO that can be mined per block is 1, as dictated by the specs. The 72,373 GEO was a transaction, and from what it looks like an investor like you bought that much and sent it to their wallet. The rate of inflation is currently not high at all, and coins are not randomly generated around the globe. I am not sure what the devs have in mind for that but it wont be something that dilutes investment. Remember, fractions of a GEO can be dropped. |
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Nice, just making sure everyone sees this. |
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Where can I read about how Verge's privacy works? Is there a whitepaper?
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Most people have no idea what geocaching is, also it is kind of hard to believe that you can place coins like that securely anywhere in the world and a person can go to that spot and scoop them up.
geocoin.cash does this so maybe you should just go try it? |
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What is the current coin total?
Should be around 3,050,000 right? |
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What is the current coin total?
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Last night I was able to customize the physical trackables popups. I also cleaned up a few remaining bugs with the Camera Perspective Controls and 3D Buildings.
Migrating the new MapBox interface into the live production environment in preparation for some beta testing!
Good news! i've been stocking up on GEO - incredibly undervalued! keep up the solid development and updates and it will pay off  do we have a new official twitter for updates? It would be best if updates were done from this account https://twitter.com/geo_coin |
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There are only two exchanges at the moment? Is there any forecast Polo add Zcoin? I do not trust the current two exchanges  Roger Ver has that kind of pull and zcoin has that kind of tech... It's not a question of IF... just when Where are you seeing that Roger Ver has invested? |
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Is anyone aware that there is a "Founders Reward"? This is essentially a premine that amounts to 20% of the coin over the first four years. Things like this need to be in the OP, not the FAQ.
YES!!! That's my biggest issue with this coin... the owner was supposed to get 10% but ending up getting 20% someone on the github brought this up, but the response was the creator would have to ask "investors" "The Founders Reward will be given to early investors, developers, and Zcoin community members. We also have bounties for various tasks, such as Zcoin core development, web development, graphic design, marketing, ect. If you'd like to help out, please email or message us on Slack." I believe it's initially 20%, then averages out to 10% over the distribution of the coin. I'm ok with this, as long as they can be transparent about where it's going/ spend it wisely. Early investors == Roger Ver We need Btc Jesus to have a nice bag if we want him to make our market Its 20% for four years though, which is an eternity for any alt. |
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Is anyone aware that there is a "Founders Reward"? This is essentially a premine that amounts to 20% of the coin over the first four years. Things like this need to be in the OP, not the FAQ.
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I emailed mtomcdev, tzpardi and sent a message to the third developer jgal via the private forum to ask a reply here to barabbas post or email me what they think.
I think barabbas is jumping to conclusions again based on pieces he read somewhere on the internet about IoT but without having actual working experience in this highly specialized industry, so let see what technology professionals who actually work in the field think. It is important to have a debate with sceptics like barabbas to validate and stress test ideas, so let see what the developers say.
Why are you giving this troll barabbas a platform? He has had his chance to receive replies from the devs, but he lies in the face of the facts he has already been told. Read his post. Look how much of it has been beyond addressed. |
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Last reply on this:
First of all we have been talking about this concrete collaboration for 2 weeks, not 3. Don't be so loose with facts.
Secondly the collaboration was laid out and pretty much agreed on within a few days, there was some ambiguity and several times TZP got impatient due to same reason as today, but then he would claim to understand that we don't have time to answer within the hour and we'd continue. Then we were approaching finalization in the last days, we had agreed on what each layer could do to boost each other and he wanted to know what Gadget would get in return, I replied, he wanted more details, I couldn't reply immediately, he got impatient overnight and for the 10th time 'pulled out', which I decided to just let happen, since it was clear that this pattern was going to continue.
I had no issue with it at all and wished him all the best, then I come here and see fallicious claims about the collaboration falling apart due to not being able to 'work out the details or scope', which is 100% false. Which can be proved with a simple screenshot of our conversation last night.
You really just need to focus on the conversation you had with TZ, you are putting too much weight on what people said that weren't in the conversation. This is a fruitless fight. I wish IOTA luck and I know the Gadget devs do as well. |
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Trust me no one ever said that the potential for collaboration was over. There just isn't a clear reason to collaborate at this time.
And I am pointing out that this was arbitrarily decided based on us not responding immediately. I just don't have time to give this more attention. Its not based on your response time. There just isn't a great reason to collaborate at this time. As you know that is just how business works, it doesn't at all mean there will never be collaboration. |
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please check the private forum!!! tzpardi informed the community that won't be collaboration with IOTA. they couldn't work out the details. they couldn't work out the scope of work and what could be gained from a collaboration.
Just to be sure: this is 100% fallicious and I demand that TZP come in here and clear up this misinformation. I offered TZP and Gadget collaboration from day 1, don't forget that WE were the ones that reached out to collaborate even though we were being bombarded by trolls from the Gadget community that saw IOTA as a threat. WE extended that olive branch, even though WE were the ones with funding and media exposure. WE had no problem sharing this. I have offered funding opportunities, marketing, networking, presentation opportunities, Proof of Concept collaborative software etc. repeatedly, last time YESTERDAY, but then I had to keep working on running IOTA and our start-up so I couldn't respond to his reply IMMEDIATELY, which for the 10th time lead him to 'cancel negotiations'. I also encouraged TZP several times to invite the entire Gadget team into our IOTA Ryver so that we could get a organic dialogue going, which he refused to do. In my opinion this was his biggest error, it's really hard to run things efficiently when there is a such a tight bottleneck of 1 person acting as the mediator at all times. I had informed TZP numerous times that we are: finalizing everything in preparation for beta and subsequent launch through initial testing, setting up nodes, finishing GUI, doing interviews like this one: http://cointelegraph.com/news/iota-beta-internet-of-things , preparing presentations for several upcoming events like this one at Google's HQ in Tel Aviv: http://www.meetup.com/Internet-Of-Things-IoT-Israel/events/227649870/ , answering countless questions in the forum, in PMs, on Skype, in Ryver, talks with several big companies that are interested in the technology, setting up new website and creating infographics etc. etc. etc. This is on top of our hardware start-up that needs to be ran daily. So AS I HAVE TOLD HIM countless times: we are not able to respond within 60 minutes at all times, which he isn't either. At first he said he had no problem with this, but every single time he would start pulling out if we didn't respond immediately in the fashion of "Ok so I cancel this" yadayada. Sorry, but this is not how you conduct yourself in serious negotiations in a professional collaboration. I will never leak private conversations, but he can confirm that I offered Of course what you guys got to gain is our connections, marketing, potential funding opportunities and synergy between Gadget layer and IOTA layer yesterday to his question of what Gadget would get in return. It's unfortunate that TZP decided to arbitrarily end this collaboration, but we wish you guys the best. Trust me no one ever said that the potential for collaboration was over. There just isn't a clear reason to collaborate at this time. |
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