Looks alot smoother/cleaner. Is the countdown timer accurate? ICO opens @ 14.15 pm GMT Saturday?
Also, can we send Bitcoin from Exchanges/online wallets, or we need to control the private keys we send from?
I have shut down the timer because it was having glitches. The official time is 1:00pm GMT Saturday |
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So from strategic point, none of the founder is a developer which means they will have to hire, which will cost plenty (waves burns $60K a month and they have coders)
and what happens when they depleted the founds?
How long it will takes for the project to go in to production? ETh is present over 2years and they are still far from it.
50% extra on first day means we can have huge dump as usual becouse someone plan to make some bitcoins and move to another ICO.
Hi, we already have developers in our team. The network launch is planned for Q1/Q2 2017. |
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You need to get London in there mate. Lots of huge crypto Meetups, and fairly large community. Thank you for your suggestion. Yes London will be also announced soon. |
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This is another great step to success. Decent team made the best project of 2016 Thank you for your support we are doing the best we can! There will be much more coming soon so stay tuned! |
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Have they regularize the conversion ratio of Bitcoin to Ethereum to buy Decent token. I guess previous valuation was 1BTC:100ETH
Hi, this ratio will be given by gateways which will be Shapeshift and few others we will specify it soon. |
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Great! Thank you for your support. |
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There is a small publishing fee for each piece of content. This is aimed to prevent network spam and to incentivise publication of great genuine content.
How exactly is this going to work? If I want to publish a video I will need to buy DCT tokens? Are people expected to have to go to Poloniex or some other exchange to get these? Or will the users be able to purchase indirectly like factom does without realizing they are using the DCT token? This will be implemented in application layer where there will be several payment gateways to use. But people can develop their own applications where it's up to them. If I get it right, Decent will be a platform to built your applications and they will also have their own application built on this platform. Decent is the market place and also the consumer place DECENT is an opensource data distribution protocol. Anyone can build application on top of it. We will release also official applications but there is no limit for anyone to do the same and help grow DECENT Infrastructure. You can find more in our Development Plan http://dct-main-web.azurewebsites.net/src/DECENT_dev_plan.pdf. |
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There is a small publishing fee for each piece of content. This is aimed to prevent network spam and to incentivise publication of great genuine content.
How exactly is this going to work? If I want to publish a video I will need to buy DCT tokens? Are people expected to have to go to Poloniex or some other exchange to get these? Or will the users be able to purchase indirectly like factom does without realizing they are using the DCT token? This will be implemented in application layer where there will be several payment gateways to use. But people can develop their own applications where it's up to them. |
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DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way: - 10% for the DECENT Foundation and 2% for the Investment Fund
- 1,000,000 tokens for DECENT Bounty program
- 3,000,000 for Pre-software marketing.
The remaining 30% will be dedicated to mining rewards. This system will be based on disinflationary system and will be distributed over 20 years. ... Assume ICO will be 70M DCT. It is the base for calculations and it corresponds 70% of distributed DCT. Then other 30%, i.e. 30M DCT will be dedicated to mining rewards. Additionally there will be 10% DCT for the DECENT Foundation and 2% DCT for the Investment Fund. Relatively ICO bulk absolute amounts are 10M DCT and 2M DCT respectively. Plus there are fixed amounts 1M DCT for the Bounty program and 3M DCT for Pre-software marketing. Is it right? If not, correct me pls. The amount for pre-sale marketing, bounties etc is already included in those 70% of the overall token amount as you can see here: http://sale.decent.ch/After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way: 10% for the DECENT Foundation 2% for the Investment Fund 1,000,000 DCT for DECENT Bounty program 3,000,000 DCT for Pre-software marketing. Thanks. So, general layout is: | ─────────────── | | ┐ | ┐ | | ICO (unlimited) | | │ | │ | | ─────────────── | ┐ | │ | │ | | 0.1b (10% from b) | │ | │ | │ | | 0.02b (2% from b) | │ pre-mine | │ b=0.7a (70% from a) | │ a (100% of the total DCT distributed) | | 1M | │ | │ | │ | | 3M | │ | │ | │ | | ─────────────── | ┘ | ┤ | │ | | mining rewards | | │ c=0.3a (30% from a) | │ | | ─────────────── | | ┘ | ┘ |
Good Idea I should put some example for better understanding there. Thanks! |
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What's the total token supply and will everyones share decrease if more people invest during ICO?
The total token supply will be defined by the ICO. DCT sold in the September Software sale will be 70% of the total DCT distributed. Confused, 70% of DCT tokens, and supply is not defined? It means unlimited or what? Total supply will be defined by amount of tokens sold in ICO. This will be 70% of total amount of DCT. Other 30% will be dedicated for mining rewards. |
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When the Signature campaign ends?
The Signature campaign will end at the end of the ICO |
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I'm confused, why is it that this thread was started last year and ICO won't begin until Sep 10th? Also, will there be any extra bonuses for people who invest early?
It seems like they've been working on the code during that time. Which is a good thing. Wouldn't want to invest in something that will come out over a year later. Yes we have. You can see the prototype here: https://www.youtube.com/watch?v=lTazbh5BW80. |
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Will ICO token sale be fixed or depend upon how many investors?
Depends on the number of investors. Can Devs confirm this? It is not fixed. Total amount of tokens sold in the ICO will be 70% of total amount of DCT ever created. |
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So what is the total coin supply for ICO/mining, I just see percentages? Total amount will be based on amount of tokens sold in ICO. |
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Exactly how many DCT are there to be sold. And how much is the foundation keeping?
Information about this are going to be updated soon. In the meanwhile, I would suggest to check out DECENT Software Sale and join our Slack. I already joined. Another question, if I publish something, can I un-publish it? Great! DECENT is a blockchain based p2p network. A key characteristic of blockchain is immutability. So once something is published, it cannot be unpublished. It's similar to Bitcoin transactions. After you send BTC from your wallet to someone else, you can't undo it. But how would that work when millions of 4k, 8k videos get published. Unless the whole world is mining, there's just not going to be enough hard drive space as time moves along. There is a small publishing fee for each piece of content. This is aimed to prevent network spam and to incentivise publication of great genuine content. But that's exactly what I'm talking about. Not spam, but legit content. For example, lets say that NBC decides to post 180 hours of 8K Olympic coverage on Decent in 2020, then again in 2024, then again in 2025. With thousands of other user also posting 8k content. With petrabytes upon petrabytes of data. All that data cannot possibly stay in the blockchain. Data are not stored in blockchain. They are shared in different layer which is based on bittorrent. |
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