Murzibia
If you would read the posted infomation upthread and whitepapers, you would see long ago at the very beginning the dev Richard Ells came on here and explained that portions of this project have a Centralized Aspect. This is no surprize.
I wish you luck with your other Cryptonote projects
The problem is the posted information as I stated before is copy and paste from crytonote foundation website about cryptonote technology. You claim cryptonote algo but source files are from Forknote.net project. You did not bother to update with any configuration parameters. How do we know this is more than smoke? By viewing and building the coin ourself and testing for faults. I do not want your wish of luck I want your lies exposed or solid facts of your true project This is no more than copy paste of very old fornote config. https://github.com/electroneum/electroneum/tree/master/srcInfact this there is no new technology associated with this project. White paper and technial white paper you post are no more than cryptonote foundation papers that you place your company logo at the bottom of. No where do you list any technical spec for this project other than money supply and decimal point but all your github source contradict this We demand total transparency to include all information EMISSION_SPEED_FACTOR=? DIFFICULTY_TARGET=? CRYPTONOTE_DISPLAY_DECIMAL_POINT=? MONEY_SUPPLY=? GENESIS_BLOCK_REWARD=? SYNC_FROM_ZERO=? DEFAULT_DUST_THRESHOLD=? MINIMUM_FEE=? CRYPTONOTE_MINED_MONEY_UNLOCK_WINDOW=? CRYPTONOTE_BLOCK_GRANTED_FULL_REWARD_ZONE=? MAX_TRANSACTION_SIZE_LIMIT=? CRYPTONOTE_PUBLIC_ADDRESS_BASE58_PREFIX=? DIFFICULTY_CUT_V1=? DIFFICULTY_CUT_V2=? DIFFICULTY_CUT=? DIFFICULTY_LAG_V1=? DIFFICULTY_LAG_V2=? DIFFICULTY_LAG=0 DIFFICULTY_WINDOW_V1=? DIFFICULTY_WINDOW_V2=? DIFFICULTY_WINDOW=? ZAWY_DIFFICULTY_V3=? ZAWY_DIFFICULTY_DIFFICULTY_BLOCK_VERSION=? p2p-bind-port=? rpc-bind-port=? BYTECOIN_NETWORK=? CRYPTONOTE_NAME=? GENESIS_COINBASE_TX_HEX=? MAX_BLOCK_SIZE_INITIAL=? UPGRADE_HEIGHT_V2=? UPGRADE_HEIGHT_V3=? All I see here in all your information is how you intend to make money. Red flag for BIG SCAM AHEAD similar to EBITZ ICO THERE IS NO "WE" OTHER THAN OVER 60,000 backers/investors and over 3,500 activr Telegram members. You have posted the same here 4 TIMES. Please stop with the Scam Accusations, as this is clearly not a scam. The Dev Richard Ells (google him) has international companies that are household names as clients. It is not a scam. Please stop posting this here. This is the 4th time you have posted this. You are not adding anything of value to the conversation and have now been asked to stop spamming the thread If you want to keep posting about this, start your own topic please. It is obvious you are a competing coin. I would use my energy to promote those instead of posting the same thing over and over here. More smoke and mirrors for fools eyes only. I seek not to google the DEV. I wish to see this projects true source files. That is a BIG RED FLAG that you are so evasive to this and never provide answer I DID provide an answer. The answer is NO. Everyone already knows this as it has been repeatedly discussed. We KNOW FULL WELL that some people with a strict decentralized ideology will not see this project as an interest to them. So please stop spammimg the thread for the 5th time. Thanks |
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Murzibia
If you would read the posted infomation upthread and whitepapers, you would see long ago at the very beginning the dev Richard Ells came on here and explained that portions of this project have a Centralized Aspect. This is no surprize.
I wish you luck with your other Cryptonote projects
The problem is the posted information as I stated before is copy and paste from crytonote foundation website about cryptonote technology. You claim cryptonote algo but source files are from Forknote.net project. You did not bother to update with any configuration parameters. How do we know this is more than smoke? By viewing and building the coin ourself and testing for faults. I do not want your wish of luck I want your lies exposed or solid facts of your true project This is no more than copy paste of very old fornote config. https://github.com/electroneum/electroneum/tree/master/srcInfact this there is no new technology associated with this project. White paper and technial white paper you post are no more than cryptonote foundation papers that you place your company logo at the bottom of. No where do you list any technical spec for this project other than money supply and decimal point but all your github source contradict this We demand total transparency to include all information EMISSION_SPEED_FACTOR=? DIFFICULTY_TARGET=? CRYPTONOTE_DISPLAY_DECIMAL_POINT=? MONEY_SUPPLY=? GENESIS_BLOCK_REWARD=? SYNC_FROM_ZERO=? DEFAULT_DUST_THRESHOLD=? MINIMUM_FEE=? CRYPTONOTE_MINED_MONEY_UNLOCK_WINDOW=? CRYPTONOTE_BLOCK_GRANTED_FULL_REWARD_ZONE=? MAX_TRANSACTION_SIZE_LIMIT=? CRYPTONOTE_PUBLIC_ADDRESS_BASE58_PREFIX=? DIFFICULTY_CUT_V1=? DIFFICULTY_CUT_V2=? DIFFICULTY_CUT=? DIFFICULTY_LAG_V1=? DIFFICULTY_LAG_V2=? DIFFICULTY_LAG=0 DIFFICULTY_WINDOW_V1=? DIFFICULTY_WINDOW_V2=? DIFFICULTY_WINDOW=? ZAWY_DIFFICULTY_V3=? ZAWY_DIFFICULTY_DIFFICULTY_BLOCK_VERSION=? p2p-bind-port=? rpc-bind-port=? BYTECOIN_NETWORK=? CRYPTONOTE_NAME=? GENESIS_COINBASE_TX_HEX=? MAX_BLOCK_SIZE_INITIAL=? UPGRADE_HEIGHT_V2=? UPGRADE_HEIGHT_V3=? All I see here in all your information is how you intend to make money. Red flag for BIG SCAM AHEAD similar to EBITZ ICO THERE IS NO "WE" OTHER THAN OVER 60,000 backers/investors and over 3,500 activr Telegram members. You have posted the same here 4 TIMES. Please stop with the Scam Accusations, as this is clearly not a scam. The Dev Richard Ells (google him) has international companies that are household names as clients in his "day job" business. It is not a scam. Please stop posting this here. This is the 4th time you have posted this. You are not adding anything of value to the conversation and have now been asked to stop spamming the thread If you want to keep posting about this, start your own topic please. It is obvious you are a competing coin. I would use my energy to promote those instead of posting the same thing over and over here. |
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Man, I keep seeing people complaining about "mining" on the phone. ETN isn't going to be "mining," but simulating what mining feels like. It's going to calculate the computational power of your phone and allocate coins appropriately. In essence, you will not be actually mining on your phone. Your phone won't be handling the same load as a desktop miner. Your battery won't get depleted fast. It won't burn up. It won't degrade your phone. It puts as much strain on your device as loading a Wikipedia page is. The main miners will be on the PC. The return with "mining" on your phone will be dependent on the amount of people utilizing the app. There will be a significant increase in the pool because of the leftover tokens from the ICO will be distributed accordingly. This is to promote viral growth and get people into it earlier, rather than later. If a million people start using the app and mining, it's not going to return the same amount of coins forever. The 21B cap of ETN won't be mined for YEARS.
Also, people complain about the amount of tokens overall, which is 21B. Now, that may seem like a lot, comparatively speaking, but it's not. Most coins use multiple decimal places. For instance, Bitcoin uses 8. However, ETN will only be using 2, in order to feel like a real world currency. So the amount available to purchase is significantly less than Bitcoin, from what I'm aware.
So there are a lot of confusions about the Electroneum many people are saying how can it is possible through the mobile phone for mining. I think mining always need special hardware equipment where it will lot of to mature the coin. So, I am in confusion state whether to move forward or not. Is the mining of this coin is real mining or just airdrop? If it does not cost the battery energy of you cellphone, how does it do the caculation? I am really confused. It is what the devs are calling a mobile mining experience. The system will check your phone and see how much processing power is available and use that to gauge how many coins you will get. So you still get real Electroneum coins, and dont use up the phone battery, or damage the phone |
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Murzibia
If you would read the posted infomation upthread and whitepapers, you would see long ago at the very beginning the dev Richard Ells came on here and explained that portions of this project have a Centralized Aspect. This is no surprize.
I wish you luck with your other Cryptonote projects
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The information above is FACT found in YOUR github.
Cryptonotes do not generate TOKENS or POS Coins they must have configuration param to make JSON request from client to daemon. You are misleading consumers to scam them. Cryptonote Coins must be mined using configuration params. Where are your params listed? These should be able to be build from source even in testnet form those to verify. Cryptonote Foundation Whitepapers justify this. At this Time the only cryptonote working on this is BYTECOIN in their ecosystem.
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hello guys, the miner software not found in for iOs, anyone knows it?
thank you.
Android app is done, and they have been in talks with Apple already, and they are in the last step of the approval process. Apple said all they need now is to see volume at exchanges, which ETN will have right out of the gate. |
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***SCAM ALERT***This is no more than copy paste of very old fornote config. https://github.com/electroneum/electroneum/tree/master/srcInfact this there is no new technology associated with this project. White paper and technial white paper you post are no more than cryptonote foundation papers that you place your company logo at the bottom of. No where do you list any technical spec for this project other than money supply and decimal point but all your github source contradict this We demand total transparency to include all information EMISSION_SPEED_FACTOR=? DIFFICULTY_TARGET=? CRYPTONOTE_DISPLAY_DECIMAL_POINT=? MONEY_SUPPLY=? GENESIS_BLOCK_REWARD=? SYNC_FROM_ZERO=? DEFAULT_DUST_THRESHOLD=? MINIMUM_FEE=? CRYPTONOTE_MINED_MONEY_UNLOCK_WINDOW=? CRYPTONOTE_BLOCK_GRANTED_FULL_REWARD_ZONE=? MAX_TRANSACTION_SIZE_LIMIT=? CRYPTONOTE_PUBLIC_ADDRESS_BASE58_PREFIX=? DIFFICULTY_CUT_V1=? DIFFICULTY_CUT_V2=? DIFFICULTY_CUT=? DIFFICULTY_LAG_V1=? DIFFICULTY_LAG_V2=? DIFFICULTY_LAG=0 DIFFICULTY_WINDOW_V1=? DIFFICULTY_WINDOW_V2=? DIFFICULTY_WINDOW=? ZAWY_DIFFICULTY_V3=? ZAWY_DIFFICULTY_DIFFICULTY_BLOCK_VERSION=? p2p-bind-port=? rpc-bind-port=? BYTECOIN_NETWORK=? CRYPTONOTE_NAME=? GENESIS_COINBASE_TX_HEX=? MAX_BLOCK_SIZE_INITIAL=? UPGRADE_HEIGHT_V2=? UPGRADE_HEIGHT_V3=? All I see here in all your information is how you intend to make money. Red flag for BIG SCAM AHEAD similar to EBITZ ICO The information quoted above is incorrect |
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You guys make me laugh.... the supply is too big... where is the revenue of mining a coin that will not skyroket (x10, x 100, x1000)?
My opinion
Only 6 Billion are being sold in the crowdsale. The other 15 Billion will be mined over years. Any unsold coins are going back in to be mined as well. The amount of coins is large on purpose and the price in the tokensale reflects that, so all the large suppy is doing, is moving the decimal point over two spots, as compared to Bitcoins 21 million. This was done so that ETN has more of a real world feel to it. So a pizza would be 12.99 ETN as opposed to .00332 BTC. Its just a more human number. The tokens are are still less than a cent with the 40% bonus, so 140 ETN for $1. This is a steal when you look at who the dev is, the App already made, "First mover" advantage to successful, safe (for your phone) mining, and the plan they have. I would read over the Overview Whitepaper or even the Technical Whitepaper if you like, and watch this interview with the dev Richard Ells https://youtu.be/JZ8UfHG5vVw So if I understand well, may be less than 2 billion coins will be given to the early investors and you will give some 4 billion more freely to add to the 15 billion that will be dumped on the early investors. It's not a nice way to reward your only true investors. Best way would have been to share the coins with those early investors or burn them. 2 billion coins will be bought and 19 billion given for free. I would feel cheated if I had invested in this ICO even though the price would go up by 10, because they don't show much respect to the people backing them. As an early investor, adding to the mining pool would be my preference if we had been given a choice. It's going to take years for them to actually be mined. Yes, you may be right but they should give some numbers so we could figure out. Also giving all the unsold tokens freely to miners puts more pressure on those who invested into the project. For instance, if 1 billion coins are mined in a year that will be like a very high inflation rate for the first investors. Than stay out of the ICO, and MORE IMPORTANTLY OUT OF OUR THREAD with your weak ass attempts at FUD. I would expect higher level deception coming from a Supernet Supporter. Talk about losers. After that, I take it all back. You couldnt see a real project if it hit you in the face I talk and go wherever I want. In fact, I just came across this ICO by following a twitter link and found this project interesting and was going to invest a few bitcoins in this. But after doing the maths and seeing how poor the reward was for the early backers I expressed my opinion which seems to be touching a sensitive spot in you. Thanks for your kind words, I won't come again in your thread as I would rather stay away from people like you who take pleasure by insulting others. Well, for one please dont take Blackwidow as a representation of ETN community overall. He doesnt always play well with others. Im trying to follow you. You are concerned about the unsold coins going back into mining, and this causing a "poor reward" for early investors? Im having a hard time understanding how you got there? Have you read the whitepaper? Watched the dev videos? Or maybe you could break down the math that brought you to this conculsion? Thanks |
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We just need to tread lightly on the very Enthusiastic Confidence that we see for projects like this.
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We always say due diligence this due diligence that, but that is just a useless cliche now.
I agree that people need to only invest what they can afford to lose, and do extensive research before investing into any coin, including Electroneum. IMO "very Enthusiastic Confidence" would be a mistake, as it can set an unreasonable expectation. ETN being alittle over 1 cent, or at 1 cent, at lauch and after the lauch, is not unreasonable. The large majority of projects that are funded by ICOs fail. Most new coins fail, so sure most do go down when they hit an exchange. The opposite is also important to remember: $200 gets you 20,000 ETN coins on the last day of the Electroneum crowdsale. If if hits an exchange and does well and lets say hit 7 cents in a month or so, then $200 would only buy you a little over 3000 ETN coins. Nobody knows for sure what will happen, because no one can see the future. So, its up to each potential investor to research and choose for themselves, what outcome will be mosy likely. |
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if the first exchange that listed electroneum is yobit then you all that investing will be screwed
on the contra,if the first exchange that listed electroneum is Bittrex then that is totally a different story,just saying
I don't think there is much chance of going directly onto Bittrex out of the gates. There is also a good chance that the price will dip at the start, it usually does with ICOs. I dont think that equates to being screwed but I guess it depends on what people are expecting from this. I've invested quite a lot in the ICO and I'll be ready to buy some more if it does go down. if an ICO project that could reach more than $10 million couldn't doing directly onto Bittrex then it should deserve a very big red-flag from crypto community. Bittrex in November Not right out of the gate. We already have 57,000+ backers/investors. Thats a ton of people. Bittrex is going to happen, fast. It just wont be Day 1. There is nothing alarming about that. The minute Bittrex sees all the volume we have at other exchanges, they will want a piece of the action. The only way to guarantee Bittrex is pay them off, which could easily be done, with 10 million+ raised. We already so big they will list us for free. Its important to remember that for many coins, getting listed on Bittrex is a big goal for them. ETN is already way past that level. To keep this in the right prospective, some smaller exchanges have votes where 200-300 votes can get a coin listed. We have 3,500+ active members in the Electroneum Telegram group. Like I said, there are a lot of important things to worry about, getting listed on exchanges isnt one of them for Electroneum. |
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Will the crypto have a smart contract? I read this on a forum: As of November 1st, the ETN will already be available for purchase at three exchange sites: Liquid, cryptopia and yobit true or false? The mining smartphone will be GPU or CPU? No smart contract True Both |
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Hello;
I have heard that electroneum pay the fees of exchanges like Coinbase. I have bought ETN a few times from Coinbase. Can I still recover the fees?
You should automatically see your ETN total go up about 3 days after the purchase when you are paid back from your fees Otherwise you can send a support ticket. I have sent 1 about this issue and got refunded the transaction fees. Truly professional behavior. Great point tzegian!! https://electroneum.zendesk.com/hc/en-us |
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Hello;
I have heard that electroneum pay the fees of exchanges like Coinbase. I have bought ETN a few times from Coinbase. Can I still recover the fees?
You should automatically see your ETN total go up about 3 days after the purchase when you are paid back from your fees |
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Hi,
I know that there was a answer for this question, but I can not find the thread.
Will I be able to mine this coin with multiple devices (phone, tablets...)?
Thank you
Apparently no one is mining this coin. We need to stop calling it 'mining. . Sounds more like an "Air Drop" for people who use the app. Read the whitepaper The miners on home computer are mining POW. They are the ones who solve blocks and power the blockchain |
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Still not sure what makes this coin so special. There are more coins that are cpu mine only and can be mined with mobile phones or low end cpu. Cryptonight isn't new and with for example minergate you can do same.
Still not sure what makes this coin so special. There are more coins that are cpu mine only and can be mined with mobile phones or low end cpu. Cryptonight isn't new and with for example minergate you can do same.
If I were you I would do some further research. I dont tell people to buy, but to do their research. For one, you cant mine SAFELY on a mobile phone prior to ETN. Start with the minergate.com reviews. Believe me, there are not almost 50,000 registered investors, and almost 3000 Telegram members just hoodwinked. Make your investment decision based on solid research, and only invest what you can afford to lose, is all I can do to help you. |
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https://www.youtube.com/watch?v=cIHKaZ-CpiMThe thing that i like about this last interview, is the fact that you see real people in real office working on the project. I have been following ICO-s for months, and you rarely see this king of videos or interviews.. This makes you feel more confortable with the investment that you have done .. Thanx for this video guys.. Youre right, you dont see this with other tokensales. Also, then not like this, and staying to 11-12 midnight!! Go team!! |
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ahahahah o my god.... Can you be called electroneum addicted if: You are watching the interview of Richard Ells, and then you stop in the middle of interview becouse you saw contraband respond to your post with the same long post as you did, and then after you reading it, you go keep continue to watch the interview ....? hahhhahah PS: For those interested in the interview, this is new(at least for me , i haven't seen that) Richard Ells https://www.youtube.com/watch?v=cIHKaZ-CpiM  Yes hahahahaha I feel the same way. And I am more and more confident after each inteview he does!! |
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