Does it make sense to run a "not so super" node with less then 3million XEM on it?
If you mean to start harvesting, then there's no need to run a node. What you need, is minimum 10k XEM vested balance and start delegated harvesting. But, with that amount (or even more, like 100k XEM) I'm afraid you won't earn too much  |
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What is actually "Regular Bitcoin Signature" in redeem function?
This will be the way you can redeem your XEL tokens from your donation by using the private key of the address you send the donation from. With this private key you could sign something. This is as far I understand it .. regards Yes, it could be private key, but why is it called "Regular Bitcoin Signature" and not just "BTC Private Key" or something similar? |
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What is actually "Regular Bitcoin Signature" in redeem function?
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after reading the entire thing
If you were me, would you invest?
What is the main point which lead you to invest in this ico but not others?
Thanks, thinking to invest around $100 but still unclear whether its an A+ project or not
For me the key points here are: -the project is overfunded -quote from ANN -> "ICONOMI’s mission is to provide an opportunity for investors looking for high profits, not possible in the old economy" -> the 2nd part of this sentence is basically NOT TRUE and reminds me the "good" old days of internet bubble 15 years ago when dot.coms were the only assets leading us to a new better world of prosperity  This is for sure true. Why do you think Germany can sell bonds with negative interest rates? Because people are happy to have an investment which will return them LESS of their money in some years, but with higher probability. Just imagine how f*** up current economy is, that a product with negative interest rate can exist on the market! I think you're focused too much on capital markets. Economy is much more than just shares, bonds, warrants, fancy multi-securities and all that stuff that super-duper investment heroes are trying to sell you. Open your eyes, do something constructive instead of trying to make easy money as fast as possible. |
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...
The real meaning of my post was that it's basically not true that high profits can't be made in the old economy - see below
...
No in old economy you need laverage now like 1:10 to get good profits if you fail you get on your bank acc - negative value. In crypto you can invest take 20x profit without need of leverage ^^ try make 20x in old economy now in year. It depends on the definitions. High profit can be 10-20% or 50-100% which is obviously possible without any leverage. 20x is just crazy, non-repeatable in long term. Try to make recurring 20x few years in a row. |
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... basically NOT TRUE and reminds me the "good" old days of internet bubble 15 years ago when dot.coms were the only assets leading us to a new better world of prosperity  Market cap of dot.com bubble was 500x higher than we are now with crypto. On finance market are so big $$$ comparing to markets crypto is 200x-2000 smaller than some stock and commodity exchange.When crypto will go to 40% market of gold i would say u need worry but crypto need rise 70x-80x to get there.While crypto is much more useful than gold. Today BS about crypto bubble is far from reality how much money people can drop here haha... The real meaning of my post was that it's basically not true that high profits can't be made in the old economy - see below -quote from ANN -> "ICONOMI’s mission is to provide an opportunity for investors looking for high profits, not possible in the old economy" -> the 2nd part of this sentence is basically NOT TRUE and reminds me the "good" old days of internet bubble 15 years ago when dot.coms were the only assets leading us to a new better world of prosperity |
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Honestly i dont have that much knowledge about investing in ICO or these kind of projects,i have started doing investements a month ago.
But after seeing people's so much support for this ICO and project,crossing 3000BTC of investements,so trust of that many peoples cant be wrong,so i also invested my some small income in this ICO and hoping for the best.
Have you ever heard about herd instinct? http://www.investopedia.com/terms/h/herdinstinct.asp |
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after reading the entire thing
If you were me, would you invest?
What is the main point which lead you to invest in this ico but not others?
Thanks, thinking to invest around $100 but still unclear whether its an A+ project or not
For me the key points here are: -the project is overfunded -quote from ANN -> "ICONOMI’s mission is to provide an opportunity for investors looking for high profits, not possible in the old economy" -> the 2nd part of this sentence is basically NOT TRUE and reminds me the "good" old days of internet bubble 15 years ago when dot.coms were the only assets leading us to a new better world of prosperity |
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While the page loads, it's "NXT Wallet" shown on the tab's header (after the spinning wheel), and then (after a second or two) it's replaced with "Elastic Wallet" once the login page is fully loaded.
Checked on Chrome only
[master 41a5559] fix website title, thanks forum
1 file changed, 1 insertion(+), 1 deletion(-)The links in the Help menu (under question mark icon) are all going to NXT pages, so they also need to be fixed. Actually they should probably be removed for now,until Elastic will have its own web structure. |
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The new version of the testnet is not released yet! I am still testing several things like blockchain reorganization and stuff like that! I will write a release post once I think that we can start testing in public. Also, some very little UI things are still missing.... however ...
For those who want a small sneak peek: Account with passphrase "test" has 265,000.00 Testnet-XEL in it. Grab it if you like on the public node: http://ec2-52-57-31-137.eu-central-1.compute.amazonaws.com:6876/   While the page loads, it's "NXT Wallet" shown on the tab's header (after the spinning wheel), and then (after a second or two) it's replaced with "Elastic Wallet" once the login page is fully loaded. Checked on Chrome only |
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Please tell, how much time left to launch mainnet?
When there are 3 weeks no new bugs in the new version of the testnet (which will be released today). Awesome job EK and other developers. You guys proved lots of spectators wrong ! This project is unique and as develops, more and more demand will follow . Yes, I must admit the devs here do a really good job. It's quite impressive especially when looking at other projects in which the progress is zero (or nearly zero), or bugs are never resolved, or the devs run away, or not responding at all, or, or, etc... On the other hand, Lannister seems to be not responsive at all, ie. the ANN page is still not updated and looks awful, webpage doesn't exist, no marketing/PR/promo. I wonder if he's going to be more active in the future, anyone knows ...? |
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Just had a brief discussion with Seb and filled them into the current status aswell as my PoV.
We're both a little puzzled about the current status of the campaign and can't quite understand why Wasserman is insisting on covering the bounty from ICO2 funds and hence creates further delays in payments.
That being said, I'll keep my policy of staying out of the discussion between Seb and Wasserman about the escrowed funds, simply because it's not my place.
Yes, that's really weird, but nothing happens without a reason, so I'm sure we'll understand it sooner or later |
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SebastianJu has stated that wasserman99 has no valid reasons not to pay out the signature campaign. When he releases escrow funds to him, he sends the payments for signature campaign as well, so there's no need to rely on opair team. It will be done after the 19th. That is a good news for everyone, keep coming the good news fellas and thanks for updating.. Edit: From SebastianJu. So the plan for me has to look like this: 1) Define the 9% PoW before Friday. // Done 2) On Friday communicating the decision to SJ. // Guess it's done, since it shouldn't have a huge impact I did not check it out too much. 3) Release the qt wallet before September 19th. // Better before. Would be a good thing for wasserman99's when he can show at least something 4) On September 19th the refund period will ends and no more refunds will be accepted. 5) Escrow Pays sig campaign. 6) On September 19-20th SJ will send us the info about the refunds to update our system. 7) Start the distribution Cool 7 days after we start the distribution the funds will be released. 9) Launch the beta during October. What if majority of escrowed funds will be refunded, and there's less than 7 BTC left ? Then, there's still a need to rely on opair team for signature payments. |
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ICONOMI is traded on yobit? Can you post a link please?
don't be a moron this is not ICN just some coin with 6months trading history I'm a moron? You must be even bigger moron than me, not calling a moron that idiot above? asshole... Take for example Antshares and ICONOMI which have been traded on liqui and yobit respectively without release of wallet
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exchanges is not precondition of fund release???  No, wasserman must show only wallet. But I don't need wallet without exchanges. We can become holders of nobody unnecessary coins.  Exchange or not has nothing to do with a refunds or not. You can only request your funds back if there is something wrong with the coin, there isn't any rule that applies that you need to have a exchange. There are so many ICO coins that are still not on a exchange after several weeks. Yes you are right exchange is not in the hands of dev's.If a coin is strong reputation and good investment, it will get listed in exchanges easily.Take for example Antshares and ICONOMI which have been traded on liqui and yobit respectively without release of wallet ICONOMI is traded on yobit? Can you post a link please? |
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So the plan for me has to look like this: 1) Define the 9% PoW before Friday. 2) On Friday communicating the decision to SJ. 3) Release the qt wallet before September 19th. 4) On September 19th the refund period will ends and no more refunds will be accepted. 5) Escrow Pays sig campaign. 6) On September 19-20th SJ will send us the info about the refunds to update our system. 7) Start the distribution  7 days after we start the distribution the funds will be released. 9) Launch the beta during October. As we said before, we fully agree with this plan. Regards All is fine, but why the hell are you waiting to pay the sig campaign? Quote from SJ below saying basically: 7 BTC will need to be paid anyway in any case, so what are we waiting for? It would not be a problem because wasserman99 wanted to do this anyway. It makes no sense to wait 2 weeks after I released the coins to wasserman99 when these are costs that have to be paid in any case. Waiting can have no advantage. |
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...
3. Tokens that pay dividends!
...
Most POS coins pay %of share per year without risk of trading, Supernodes pay for supernode , minig shares for minnig. There is a difference between dividends and POS. There will be 100m ICN tokens forever. When you do POS number of tokens grow. Selecting Ethereum as your token's platform instead of running your own network was smart, taking into account your operating needs. However, you seem to be too optimistic about ETH itself (see quotes from your whitepaper below) - security and predictability - don't forget the DAO (security), and hardfork (predictability) - obviously the DAO wasn't directly ETH's fault, but the idea of smart contracts on Ethereum platform seems to be quite complex even for experienced developers. And the HF for bailout, and not for any technical resolution, is just clear econo-politics. - use of robust and well- supported clients - working with Mist is not that robust for an ordinary user - high liquidity - ETH is liquid indeed but what will be your advantage from this? - Ethereum smart contracts enable a very transparent and secure way of profitsharing among the token holders - no thank you, the word "secure" is so improper here |
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1. Blacklist problem: Can we disallow to process jobs that are less than 5 blocks old? This way every node will know about job before any submission will hit the network. 2. Can we separate workers for the ones that have XEL and dosen't have? Workers with XEL can submit bounty with fee that will be returned later. Workers without XEL: Can't submit more than X bounty, and in UI they have a notice about it "Get some XEL to be able to submit more than X solutions for one job". if ( IP_ADDRESS && EMPTY_XEL_ADDRESS && submittedMoreThanXBounty) { // where X is a number of submission we choose as safe
rejectSubmission;
addThisIncidentToTheList;
if(thereWasMoreIncidentsThanY) {
blacklistNode;
}
}
Just a thoughts. Any other suggestions? Perhaps, as a general rule, in order to become worker, one would need to have a collateral from which the submission fees would be financed. Then once the work is completed, the fees would be paid back to the collateral account. Similar solution is used in XEM for instance where you need to place 3M XEM to become supernode, or need to have at least 10K vested XEM balance to start forging. This could be an incentive for longer commitment, and more involvement in XEL, and perhaps stabilize XEL price (slightly) |
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oh shit STO 21 satoshi, im late for selling  You are not late for selling but you are late for dumping. @ dev what are you doing about the coin price, the price is too low compared with the amount of giveaway. I cant do nothing about the price. It totaly depends on traders. Probably dumping has came to an end for a while now, because many miners extract their money from a coin they have mined after it reaches an exchange. In the next weeks a quiet few news will come out. First off all a Twitter campaign will be launched which will gain popularity for STO. Also a website will be released so there will be a detailed description about the Project. Many of you asked how will STO save the oceans? First of all,the first main goal is to raise awareness in "Crypto-World" about this environmental problem. That is true, the dev does not have any control over the price of its coin though he can influence the price reaction by burning some coins if it is too much and that will make it scarce and the price might increase. In the current mining phase you have - MiningPhase#1 - 12.881 -> 43.200 - 200 STO it gives 288k STO daily, so demand should be at least 0.144 BTC/day @ 50 sat to absorb the supply from miners. Unfortunately coins with little to none adoption will suffer from POW. If it was pure POS then the supply would be much lower. Or at least the POW rewards could be lowered to a reasonable level like 10-20 coins. Hundreds of coins per POW block will kill you guys. |
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If submitting work cost something, then the submission cost should be enough to prevent flooding, no...?
Submitting work costs, but submitting a POW solutions or a bounty submission is a zero fee transaction, so even accounts with no XEL can start solving work right away. I mean we could require a fee and then refund it once the tx confirms, but that would make it more difficult for new users to start earning XEL. I will think a moment about this. Maybe we should work with the NXT devs here; I am almost sure that they suffer from the same issue. The difference is that their TX cost something, but as malicious TX will never confirm and eventually will be rolled back, attacking NXT does not cost the attacker anything after all. I am pretty sure you could DOS the NXT chain easily. We need a solution here. Well, not sure if it can be solved as it would be difficult to determine if a flood of submissions is made up of fake numbers, or it's a series of real values calculated by a super fast PoW miner. |
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