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61  Alternate cryptocurrencies / Mining (Altcoins) / Why do we need to mine POS coins? on: July 06, 2017, 11:22:52 AM
Isn't proof of stake distributing coins based on claiming it? Then why do we still need to mine coins like ETH?

Thanks in advance for the answers
62  Alternate cryptocurrencies / Altcoin Discussion / How does POS work? on: July 05, 2017, 01:17:10 PM
Hi,

How do you really proof your stake in ETH? Do people with more ETHs have a huge unfair advantage?
63  Bitcoin / Electrum / Put coins into single address on: July 04, 2017, 02:34:07 PM
Hi guys,

Is there any way I can merge all my coins into a single address.  It's easier to use a single address to link to an airdrop (GBYTE in case you are wondering).
64  Economy / Services / openledger legit? on: July 04, 2017, 09:01:19 AM
it's been up since 2015 and the last time i checked was hesitant to use their service, and this time again their exchange was non accessible from openledger.info.

The idea seems to be quite novel since they started in 2015.

Any experience with them?
65  Other / Off-topic / Which non BRICS country will developing fast? on: July 03, 2017, 02:47:58 PM
Which non-BRIC non-OECD do you predict will be developing fast?

Note: if you state your own country, it's good to tell us that's where you're from Smiley
66  Economy / Service Discussion / How to calculate Waves signature campaign on: July 03, 2017, 10:43:21 AM
Just to understand Waves signature campaign logic,

If I am a full member and the reward is 0.00015 BTC per post for full member and the minimum post is 20 per week.

So the reward per week is 0.00015 x 20 x 2500 (assume BTC price) = 7.5 USD.

Did I get it right?
67  Alternate cryptocurrencies / Altcoin Discussion / Is it worth running a Waves node? on: July 03, 2017, 09:56:07 AM
I hold very little Waves at the moment so making 1% from my Waves coins might not make sense.

Anyhow, is it worth it financially to run a Waves node, maybe as a pool.
68  Economy / Service Discussion / is bitpay wallet SegWit ready? on: July 02, 2017, 10:08:11 AM
I have some coins in Bitpay's cold wallet.

However there isn't any official statement from Bitpay regarding the impending fork. I want to make sure that if it happens I'll be safe with both the new coins and the legacy coins.
69  Economy / Economics / Consequences of mining pool controlled by a single country? on: July 02, 2017, 07:00:00 AM
What are the possible consequences when mining pools are controlled by a single country?

I wonder how can they affect the future of bitcoin. Say for example can they become a veto or block to future actions (and inactions).

Let's start a fact based discussion guys Smiley
70  Economy / Economics / Why litecoin had SegWit so fast? on: July 02, 2017, 06:53:09 AM
Why did litecoin manage to get SegWit so fast while bitcoin is still slow and painful.
71  Economy / Economics / Why the need to store BTC offline upon segwit arrival? on: July 01, 2017, 02:57:27 PM
Why are we recommended to have coins stored offline come a possible fork?

Note: Not here to discuss other benefits of offline wallet
72  Alternate cryptocurrencies / Altcoin Discussion / ICO: best ways to share profits with contributors on: June 21, 2017, 07:43:35 AM
What is the best way to reward ICO contributors.

Some of the recent successful ICO promised to return revenues to contributors:

What do u guys think it's the best way? For example Monaco pledged 1% transaction value into the token, while Polybius pledged 20% annual revenue.
73  Alternate cryptocurrencies / Altcoin Discussion / Difference: Exscudo, Monaco, TokenCard on: June 08, 2017, 01:37:04 PM
They all launched (launching) ICO and asking for money (bitcoins), all promises a visa card.

But essentially what's their difference. And who is leaving more on the table aka which founders are benefitting least from the token sales.


========Monaco=========
Have looked into Monaco ICO white paper the founders are getting equivalent of 83.33% of the tokens given to public from the ICO, that looks hefty lot, not to mention another equivalent of 33.3% for ESOP talents, 16.67% for advisors and another 100% reserved.

Verbatim from the white paper:

"
During the Token Creation Event, we imagine that exactly 1,000,000 MCO are created in response to incoming payments.
After the Token Creation event ends, the following additional MCO are created:
• 1,000,000 MCO for the Reserve
• 833,333 MCO for the Founders
• 333,333 MCO for the Talent Pool (future hires)
• 166,667 MCO for the Advisors
In total, 3,333,333 MCO are created of which 1,000,000 MCO are transferable upon the completion of the Token Creation Event.
"
74  Alternate cryptocurrencies / Altcoin Discussion / Analyzing Monaco ICO and whitepaper on: June 06, 2017, 09:03:05 PM
The Monaco ICO looks intriguing. They basically launch an ICO that gives out token to allow profit sharing from their future businesses that run cryptocurrency-enabled credit card.

The Monaco ICO coins are called MCO tokens.

In the white paper it says:

"
During the Token Creation Event, we imagine that exactly 1,000,000 MCO are created in response to incoming payments.
After the Token Creation event ends, the following additional MCO are created:
• 1,000,000 MCO for the Reserve
• 833,333 MCO for the Founders
• 333,333 MCO for the Talent Pool (future hires)
• 166,667 MCO for the Advisors
In total, 3,333,333 MCO are created of which 1,000,000 MCO are transferable upon the completion of the Token Creation Event.
"

That would actually mean that 1,000,000 MCO are created for the public after raising, most likely, 150000ETH. That means ~36.75 million USD.

My question is:
1. Since the founders, advisors and employees are issued 1.3million MCOs, wouldn't that dilute the value of each MCO coin to more than half since the total MCO will become 2.3mil immediately from 1mil (not even factoring 1 mil reserved MCO)?

So one MCO would really turn from 0.15ETH to 0.0652ETH.

PS: I know there is escrow for founder not to cash out and upward value for MCO. But I am getting the math right way how the founders and advisors are profiting, right?

75  Alternate cryptocurrencies / Altcoin Discussion / Ripple and Stellar disappoints? on: January 29, 2017, 07:52:28 AM
Have been research both and like to think that their consensus and pre mined model is a novelty.

But when I look at their coin prices against BTC it seems to have lost 50% YoY.

Still think if I should wet my feet as I feel that growth projection of new coins should outpace BTC. That's just me.
76  Alternate cryptocurrencies / Service Discussion (Altcoins) / Poloniex discussion on: January 29, 2017, 05:32:37 AM
How did Poloniex become the biggest altcoin exchange despite being hacked?

Was it the services or? Asking to learn
77  Economy / Economics / Best BTC/alt exchange in Singapore on: January 27, 2017, 03:44:18 PM
Who do you think it's the best: Volume and reputation.

Thanks!
78  Economy / Economics / Do we have enough support for Segwit? on: January 26, 2017, 11:12:54 PM
95% miners have to agree, how are they given the choice to "agree" or not? By simply downloading the latest update or they get some voting mechanism in place ?

What if a rogue node fails to agree? Say some node alliance in a country, then what happens?
79  Alternate cryptocurrencies / Altcoin Discussion / What is Ripple? on: January 26, 2017, 04:29:44 AM
Not about trading but can  someone well informed explain in layman term what Ripple does?

It seems that the banks love it.
80  Economy / Economics / Blockchain adoption by banking sector on: January 26, 2017, 04:22:23 AM
For the well informed, can someone englighten on what the banks are doing with block chains?

Is it simply using blockchain to confirm transaction? All looks so fancy.

Take for example the latest report about using blockchain for small business facilitated by banks *

What do they really do?



*http://www.coindesk.com/new-small-business-blockchain-actually-big-deal/
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