TurtleNetwork founder Q&A

Mr Turtle Q&A with Korean community at ICOTIME

Hello everyone!

I am Mr. Turtle. I am a 21 year old IT enthusiast and founder of TurtleNode. We started as a Waves node, BlackTurtleNode, and are now expanding as our own network, Turtle Network.

1. What is TurtleNode?

TurtleNode is a project that has its roots as a Waves node. We started building it as initiative for leasing toward BlackTurtleNode. But soon we grew and expanded, first into tools now into a network.

Full  below
https://www.blackturtle.eu/2018/06/12/mr-turtle-qa-with-korean-community-at-icotime/

you need to remember the seed. for support you can ask in their telegram channel. The link to telegram channel is in the first post.

hi,

to participate for bounty you have to fill google form and join their telegram channel. the links to both are in the original (first) post.

https://www.blackturtle.eu/2018/06/04/turtle-network-weekly-update-04-06-2018/

Turtle Network – Weekly Update – 04/06/2018

Summary;
We are close to 20 Nodes again and have now included an amazing incentive to encourage more Node operators, an additional 0.015 TN payout per block forged.

Actions;
Nodes: 19 Turtle Network nodes online – (5% Inc) in-progress
Gateway Framework: Making changes to show more information – in-progress
Node Reward Plan: Every block forged by a node will receive an additional 0.015 TN, after 1 month there will be a review and decision made to keep rewards running.
Test Network: Node built, reward system under-review, network tb setup soon – in-progess
TurtleNodeBot: Spam filter applied using WavesDesk filter api, 3 markets added to VIP – done

Please note it is IMPORTANT to register on the google form in #3 of the original post.

hi,

The rules read

●Do not like and retweet tweets that are answers to other users.

●Do not like and retweet tweets that are more than 8 days old and posted before 04-06-2018

that should answer the first part of the question.

Not sure of the speardsheet but they have a dedicated channel on Telegram for the bounty discussions. It is URL #5 in the original post. It would be easier to check there.

Infact the crowd-funding is complete and all coins have been sold. You now need to buy it on the De-centralised exchange unless its part of an airdrop/bounty program.

the split is
Crowdfund Distribution: 90% Fund raising, 2% for the founder, 8% Community Appreciation funds;  

They raised a modest amount from the crowd-sourcing which I think lasted around 2 and a half months to sell out all coins.

for more accurate figures, it is best to ask them on their telegram channel.

Their roadmap is
https://www.blackturtle.eu/roadmap/

Their blog for weekly network update is
https://www.blackturtle.eu/blog/

its value appears to be under-rated as it is new and just started getting on with paid marketing. while it is hard  to predict its future value it looks like a good bet.

Check their white paper for details of their crowdsale and try out their network. it should give a sense of its value.

Consider asking in their Telegram channel. #5 URL  for bounty related and #6 URL for general and tech as in original post.

They are more active there.

there is a google form in the original post to be registered with.

There are airdrops on the turtlenetwork at the moment. Please join their telegram channel to find out more.

Clever thing to do!

 More gateways to turtle DEX brings more communities to the network! For a change, this also brings users to de-centralised exchanges (and hopefully better security) unlike central exchanges.

> Gateway: Wagerr to Turtle Network Gateway – in-progress

Whats Wagerr?

Their new roadmap is promising and enticing. They have enough blockchain tech. to launch a Tesla into space.

Technical roadmap: http://www.blackturtle.eu/roadmap/

However they don't have not published a marketing roadmap. This is/was indeed one of the major shortcomings with the Waves platform.

Networks can be expected to grow and valued at n*log n, where n is the number of active people in it.
https://spectrum.ieee.org/computing/networks/metcalfes-law-is-wrong


One of the reasons for FB's success is that 1 in 5 student at university knew about it and it was hence more likely that everyone in university knew about it. Strong nodes involve small focus group that are easier to reach a critical mass. A connection of strong nodes builds a thriving network.

They seem to have some faucets on the turtlenetwork. check it out on their twitter
https://twitter.com/Hellenic_Node

I also understand that if you buy their main coin TurtleNode ($TN), you will get rewards every week if you lease it to their 'mining' nodes. Some lease nodes like the one in link also gives welcome rewards.

Someone on their telegram chat will be able to help you further.
https://web.telegram.org/#/im?p=@blackturtle

Tip: Try not ask free coins. Instead ask how to EARN some coins.

It is common in the Linux world for linux distributions to merge back updated kernel code as its development progresses. However, they(distributions) make sufficient code contributions which attracts different groups of customers.

The speed at which Turtle-Network is progressing is still interesting. Considering it only costs a fraction of Waves and if it fixes some of the issues surrounding Waves gateways, it should attract more projects. This is what investors will be looking for. Will be watching this project to see if it has any merit.

You are allowed to fork open-sourced code. That is fine. The software license allows you to.
So is changing color or making profit. That doesnot make it a scam.

Another question is will they copy Waves new smart-contract or make their own? Once you fork, you are expected to go in your own direction and make things the original didn't do.

There are two parts to it
1. Ideology
2. Source code

It is easy to have a new ideology but needs to be backed with significant  original source code contributions to justify  a fork. Granted the fork is only a few weeks old and takes a bit of time. Curious, how does Turtle Network address this? What original source code projects are in the pipeline?

hello,


I really don't mind them putting it in cold storage but they need to do it correctly.

Turtle network<=>gateway<=>WavesPlatform
(100 million TN)<=>gateway<=(100 million TN)

The data from the earlier posts show there are
over 20 million TN on TurtleNetwork side while only a bit over 18 million TN was send to TurtleNetwork from WavesPlatform through the gateway.

It is fine to put something in cold storage but the issue here is the gateway has become non-auditable and non-transparent. Every coin should be backed at a 1:1 ratio. As of now, only if the correct number of TN in 'cold storage' on the WavesPlatform side is moved to the TurtleNetwork side, this ratio will hold. There is no harm in holding these coins in 'cold storage' on the TurtleNetwork side. I would like to see the gateway numbers add up.

Can the gateway owner of the turtle network be asked to comment?

Turtlenode coin amount discrepancy.

On  turtlenode explorer under nodes section


node   version   current height   base target   UTxs   address   effective   maintainer
https://privatenode.blackturtle.eu
TN v0.10.8   14691   53   0   3JhF7aMPXBYtJ84iwX5e3N9W5JmZRSgHPy9   10003836.32294048   https://t.me/blackturtlenode
https://privatenode2.blackturtle.eu
TN v0.10.7-4-gaaa52a7   14691   53   0   3JqAYiRnuiJxdMVmdTUsxuTV39LXHR5JWXk   10166709.288   https://t.me/blackturtlenode


That is a bit over 10 + 10 = 20 million TN effective

dev pywaves website under assets section, shows for the Waves gateway address
3PJ33ZasLyhLaFuK4gHGTFSQbpFBP5Entor                          18836456.45

i.e a little over 18 million TN moved from Waves platform to turtle network.

How were you able to have 20+ million effective TN, on the TN network if only 18+ million TN was moved through the gateway?