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@Urban Crypto: currently we passed $2,000,000 in donations. @ryvirath: Hi! Send us an email at info@internetofcoins.org with a request for Slack and I'll add you (no auto-accept link available yet). You can also ask us anything via https://internetofcoins.org/chat which is the same channel, but then via IRC. We are usually active on Central European working hours. We are in talks with multiple exchanges. HYBRIDs are the only tokens distributed, no other types. Because we are a small team, we decided to not undertake too many simultaneous responsibilities, which could add hollow promises or even disappointment. So after the crowdfund has ended, our focus in July will be on the distribution of the HYBRIDs. We expect the bulk of HYBRIDs to be distributed by the end of July, if people respond to our emails of course. This all to make sure there are no questions or loose threads left by August. By then, we will have focused on adding one or more exchanges. We refrained from announcing early exchange support, because it usually attracts dumpers to your project. Awesome, that's all I need to hear. I don't mind waiting and this a project to hold for the long term, but even so liquidity is important in case of a big regulatory event. I'm in! Good luck. You guys are sort of the underdog in mind against Cosmos and Polkadot, but I think you could emerge as a big winner. |
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Will there be a an 'early' token issued to allow trading to take place before the network is launched? I would love to participate, but can't justify the capital lock up when other projects allow for nearly immediate liquidity. Is there a slack where I could ask?
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So this looks surprisingly solid. Could you elaborate on the qualifications of the Patientory programmers. Coding on Ethereum is difficult, what makes them qualified?
Maybe I missed it, what is the inflation rate via PoW?
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Can someone post the link for accessing and sending your tokens including anything that may be required for the delegate functionality?
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Really excited to see this project come together!
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The Belacam idea is a good one. Plenty of ppl buying into it. I am struggling to see where the input revenues come from to sustain any longer term growth.
The best way for us to monetize Belacam is through advertisers. We envision a model where an advertiser's ad shows up in your feed, and you have the opportunity to interact with it. If you do, you will get Belacoin in return. For example, Company A may have you play a quick 30-second game that reinforces their brand. Since you are interacting with the ad, you are much more likely to become a converting customer versus a user on Facebook, Instagram, or Twitter who simply sees sponsored content and scrolls past it. After the interactive ad is over, the user might earn 1 Belacoin paid for from the advertiser, and we would take a 5-15% cut of that. We also are very focused on creating an atmosphere where users feel that they have to give Belacoin to earn Belacoin. This might be promoted by having high-giving users show up higher on the list of people who have 'liked' a photo. Also, there is significant white space on either side of the post feed on Belacam. During alpha testing, we plan to add a segment that will showcase the most popular tags of the day as well as the users who gave the most Belacoin (assuming they opt in to this feature). That way, they are much more likely to get noticed, followed, and given Belacoin back. Honestly, you guys deserve all the profit coming to you. This is a well orchestrated and dedicated scam. You are putting in serious time. Kudos. |
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My banks interest rate is 0.6% P.A
Heat is 5% per month.
If the tech is good and you are holding 50,000 heat,
You are making around 2,500 heat per month,
That is 30,000 Heat per year ( estimation, i can't be bothered to do the compound interest calculation, this figure is actually slightly higher).
Lets say - and i know it sounds farfetched at the moment,
but lets imagine that Heat pulls it off & its market cap reaches 50 Million,
a) your $2600 stake is now worth 1 million dollars
b) after forging in year one, you are making about $50,000 a month or $600,000 a year
Your overall Heat net worth from a small $2600 stake at the moment, after year one is worth about $1.6 million
We can even be more realistic and say that Heat achieves Waves market cap around $25million
That is still $800,000, from a $2600 stake at the moment + forging for one year.
The maths does look good.
WE WILL ALL BE MILLIONAIRS SOON!!!! xD Just had to repost some good old hype! HYYYYPE!!!! xD BTW if you have around 20k heat you can put the heat price to 0 on the a2a! Okay it is 0.00000001! xD Maybe I should do it, just for the lulz! xD Wow, seriously? Another Vox/Synereo in the making I guess. Ouch. Sorry for your loss. |
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Anyone looking for actual crypto 3 techniques and unlimited scalability should check out dfinity.network.
Bitcoin--->Ethereum--->Dfinity
Ethereum is a centralized pro-censorship scam coin, don't bring your garbage in here. Well definitely don't look into it. Opportunity is for people who understand technology and not nutters with some weird pseudo religious narrative. Market cap of HEAT now less than the ICO money collected and out of the top 100. |
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The "tau" or "root" team will define the rules of changing the rules?
will define the code of the platform itself. changing the rules is a mechanism to occur in all teams over tau. The very first of those rules will be defined from alpha?
on our new design, all rules can be changed whatsoever in case of consensus, no matter whether they contradict an old rule or not. this is a deeper level of self-amendment comparing to the initial design. you can even replace the whole tau's code, the logic, everything. If the "tau" or "root" team will define the code of the platform itself, then I did't get if that mechanism of changing the rules occurs in all teams except "root"? Changes in the rules of particular team by consensus there some how influence the "root"- the whole platform? Can you provide some very simple use case example? Maybe even with comparison of same use case in Etherium, if it even can be compared. not sure i understood (maybe has to do with the rule-by-rule or contract-draft-by-draft as in https://bitcointalk.org/index.php?topic=950309.msg17799590#msg17799590 recalling that replacing the whole contract draft is like replacing the whole client's code so it can be totally different), every team can change their own rules, or equivalently their own [pre-]theory, and if the team happens to be designing code, then they can agree that the spec is ready and then synthesize code from the spec and run it. but they won't be able to change the code of the platform (tau) itself. for that, a specific team (root/tau) will be created. the root team will have a huge influence on the platform, and theoretically they can destroy all other teams and the whole thing. if something is amendable, then it can change to something completely different. to bootstrap final tau's process, we will have a team over the alpha that supports programs, and over it we will construct a self-amending decentralized program (tau), after we all take into considerations the security of the system. so the final construct will not begin empty as planned from the beginning, but on the other hand, it won't begin arbitrary, but begin with rules under consensus derived over previous alphas. i don't think it's comparable to eth. eth is by no means self-defining or self-amending. Maybe similar to Dfinity. It's Ethereum plus a new type of consensus mechanism plus the blockchain nervous system. The BNS is basically a super user AI (with op codes that can alter any parameters) coordinated by a liquid democracy/futarchy. I'm pretty excited about it. Reminded me a little of Tau. |
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So the utilization of witnesses to choose a main chain would make this a delegated tangle or DDAG.
So... you do not read even tonich's answers? Thank you for your valuable opinion. Witnesses do not decide ordering of units. Ordering is determined by the algorithm that looks back at the witnesses-authored units in the DAG. If an algorithm determines the canonical chain by looking at witness authored units then witnesses are still delegates. Adding an algorithm doesn't change that. It's not FUD. I'm just trying to figure out how to classify byteball and DDAG seems to be accurate. |
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So the utilization of witnesses to choose a main chain would make this a delegated tangle or DDAG.
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I was reading Gavin Wood's polkadot paper and came across this:
"Tangle [17] is a novel approach to consensus systems.
Rather than arranging transactions into blocks and forming
consensus over a strictly linked list to give a globally
canonical ordering of state-changes, it largely abandons
the idea of a heavily structured ordering and instead
pushes for a directed acyclic graph of dependent transactions
with later items helping canonicalise earlier items
through explicit referencing. For arbitrary state-changes,
this dependency graph would quickly become intractable,
however for the much simpler UTXO model2
this becomes
quite reasonable. Because the system is only loosely coherent
and transactions are generally independent of each
other, a large amount of global parallelism becomes quite
natural. Using the UTXO model does have the effect
of limiting Tangle to a purely value-transfer “currency”
system rather than anything more general or extensible.
Furthermore without the hard global coherency, interaction
with other systems—which tend to need an absolute
degree knowledge over the system state—becomes impractical."
How does byteball deal with arbitrary state changes?
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What's the target date on when you'd have a functional/secure subsecond transaction blockchain? This year? I think it's a pretty cool idea, reminds me of Vcash, except for the part where that dev randomly gave up on his codebase hopefully.
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Does it have unlimited scalability?
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The FUD market seems to be running out. Time to take a position in Lisk?
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Letter of intent with Vector Space? Blockchain in space is really cool and worthy of excess speculation. Multiple consensus algorithms and a rewritten database format not so much.
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Lol, you couldn't make this stuff up. Blockchains are about the disintermediation of trust and the most important thing you learned from the expo is that trust is important...
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You guys should check out Akasha. The Alpha is live and it's pretty epic.
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I can't wait for the launch. At last that silly whining will stop. GO GO HEAT  Exactly. Can't take it anymore. All those kiddos with lack of vision who did not invest into the ICO and now desperately want it to fail so the don't look like complete idiots. Sadly their fudding here shines a very dark light onto HEAT, but I can't stop telling you guys: HEAT is totally legit and 110% not a scam. Trust me!. To all fellow HEAT investors I wish a happy release day and let the haters feel the HEAT!! Lol. Totally agree. I mean that chart they posted of other projects betrayed a deep lack of understanding of other projects in blockchain. How are you even in blockchain without knowing that Ethereum's programming language is Solidity and that it enables distributed applications. My dog knows that. |
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The bubble has popped. Excess speculative capital will be bled out. How much do you think Stratis has? These FUDful thoughts brought to you by the four horseman of the apocalypse.
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