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For an ICO, besides founding members, I was wondering how much equity and token % compared to total supply a person like first core member / employee would get paid to be considered fair or good? I know that startups in crypto space is very different from regular start ups. I was wondering if there were any resources on what is considered good deal when you become part of a crypto team getting ready for ICO.
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Thanks for the reply. I guess that is why I was not able to find much about Simplicity. Just like you mentioned, I wanted to keep an eye on Simplicity movement and how the community gets build up. Thank you alot for this info.
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Simplicity language was introduced by Blockstream late last year ( https://blockstream.com/simplicity.pdf). I was wondering if there are any community around this where I can find? Group, stackexchange, reddit, developer community, or anything. Let me know if anyone is aware! Thank you. |
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Hello, I was wondering if there were list of Bitcoin / Blockchain conferences that I can find? I know that https://bitcoin.org/en/events has some conferences and forums but I do not think this is complete. For instance, Blockchain Economic Forum is not on the list ( http://bef.latoken.com/). I am particularly interested in Europe and Asia conferences. If anyone knows a repository or list of where I can get this information, much appreciated. Thank you in advance. |
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Hello, I was wondering if there were list of Bitcoin conferences that I can find? I know that https://bitcoin.org/en/events has some conferences and forums but I do not think this is complete. For instance, Blockchain Economic Forum is not on the list ( http://bef.latoken.com/). I am particularly interested in Europe and Asia conferences. If anyone knows a repository or list of where I can get this information, much appreciated. Thank you in advance. |
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Of course it is fair because it is theyre project and nobody is in this game to do charity. They should work for some kind of compensation and beying payed in tokens means that it is in theyr interest to add value to that token. In every bussines the managers board are payed better than the rest of people. The most common percentage i saw that the devs keep is something like 15%. And lets not forget that there are some costs in order to run all the operations.
So yeah, i believe that is only fair and the best way that we know that they give theyre best for the project.
While it is fair, it is a very negative trait and will most likely ruin your project. "Pre-mine" is an instant alarms trigger in the cryptoworld when it comes to scam. Ideally, you want to be able to find other ways to get money yourself out of your project. Typically, no one believes in your project or few people do, so just like satoshi, you should mine your own project right at the beginning of the launch, or whatever other method to quickly obtain tokens but do it after it's released for everyone to see. While some pre-mined coins like Darkcoin succeed, it is a very strong burden to carry in the long term. ZCash for example is ruined because of the stupid coin distribution where devs get a % from. True, I agree that people look down on this for short term as people are in for trading and pre-mine can move the market price at early stage of the ICO. Is pre-mining and "mining at launch" the only way to fund the project? |
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Of course it is fair because it is theyre project and nobody is in this game to do charity. They should work for some kind of compensation and beying payed in tokens means that it is in theyr interest to add value to that token. In every bussines the managers board are payed better than the rest of people. The most common percentage i saw that the devs keep is something like 15%. And lets not forget that there are some costs in order to run all the operations.
So yeah, i believe that is only fair and the best way that we know that they give theyre best for the project.
Great, just wanted to know statistically what % of pre-mine people are seeing. 15% sounds about right. I am starting to wonder what % each dev member gets out of the 15% of pre-mine as a start-up.... I am sure it is not even split unless they are all founders. |
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Trying to understand the ecosystem of coins and its distribution. For any business use case type of coins (utility coin) developers pre-mine certain % of total coin supply in order to have a stake in the game. What are some fair percentage of pre-mine coins that developers take for incentive? For example, a dev team takes 15-25% of total coin supply before releasing for ICO, and each dev team member would split that further. Is this fair?
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Hello, I am interested in learning blockchain programming to be part of the development. For simplicity, let's say I want to build a platform whether it is utility coin or cryptocurrency, I want to develop for possible ICO. I understand the concept of blockchain and I've been researching about them, so I know at a high level how it works. As a newbie, I have 2 questions:
1. Where to start learning (Solidity?)
2. What resources are there and what is best? (Any recommendation for books, or e-course, any good learning websites? Youtube follower?)
Any recommendation would be great... Thank you so much in advance.
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is CPU mining zcoin (lyra2z) still profitable? I have i7-7800X 3.5 GHz giving me about 950-971 kH/s where my 1080Ti gives me 3300 kH/s. I could not find easy resources to see if CPU is profitable
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I have i7-7800X CPU @ 3.50GHz
Trying to see which CPU miner is best for lyra2z... anyone know...? I tried 4way and AES-avx2. they seem to get the same KH and KH/s.
For aes-sse42, it seems i get lower.
From personal test, it seems like aes-avx2 is way to go. can anyone confirm? also, what would be safe CPU temperature for CPU mining?
AVX2 is the way to go, 4 way does nothing for lyra2. You can also try reducing the number of threads, it might improve cache performance. The cooler the CPU the better. Make sure the fan is at 100%, it's cheaper to replace a worn out fan than a burned out CPU. I see. Do I have to modify my bat file to run less threads? sorry this is my first time using cpuminer so wanted to see what I need to try to see if I can get the maximum performance. |
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I have i7-7800X CPU @ 3.50GHz
Trying to see which CPU miner is best for lyra2z... anyone know...? I tried 4way and AES-avx2. they seem to get the same KH and KH/s.
For aes-sse42, it seems i get lower.
From personal test, it seems like aes-avx2 is way to go. can anyone confirm? also, what would be safe CPU temperature for CPU mining?
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Hello, I just built my new gaming rig and wanted to start mining. I was planning to mine with nicehash since it was easy for beginners but it looks like I have to find out the hard way. I have heard that you can do dual mining with both CPU and GPU. Can anyone help me how to set it up and any lessons learned...? I have went to https://whattomine.com/ and it says that ETN is the most profitable coin. According to some youtube videos, they say that ETN is mined with CPU. I want to mine with GPU as well but I am still lost how this dual mining works... or if it is even safe... Help.. fellow miners! My Rig: MSI X299 SLI Plus Intel I7-7800X Corsair RMX850 CORSAIR Hydro H105I Liquid Cooler ASUS ROG GeForce GTX 1080 Ti DirectX 12 STRIX-GTX1080TI-O11G-GAMING 11GB 352-Bit GDDR5X Thank you. |
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I want to invest in Upfiring and Enjin but being sorta new, I am confused how I can do so.... help?
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Hi guys, I am fairly new to cryptocurrency and been reading articles on this upcoming Bitcoin Gold and Segwit2x forks coming up yet I am still confused. I currently own small amount of bitcoin on Bittrex and I have invested all of my bitcoins into altcoins. Questions I have are:
- People say to move bitcoin to private wallet before fork so I can receive Bitcoin Gold. However, I dont have any more bitcoins left since it is all in Altcoins. Would it not be ideal to keep those altcoin positions on exchange as we approach fork? Does this mean I need to sell my altcoin positions to stay BTC so I can receive FREE bitcoin Gold or do I still get them even though I am on altcoins?
Do I also get free coins for segwit2x? All these are confusing to me... please help.
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