C-cex is fucking up, need a heat wallet ASAP to get my coins off the exchange
What happened to C-cex? I never used it before.
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That does sound like a really good idea with a logo contest.
Look forward to seeing the proposals. I like some of the concepts posted so far, better than the current one.
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Someone realised HEAT is not a shitcoin, and has a tiny marketcap at current prices. Price increasing 0.00015263 btc currently. Thin sell pressure too, and a small wall at 0.0002 btc which will be broken.
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HEAT Ledger Ltd H.E.A.T. H.E.A.T. Ledger HEAT I think a design for a heat token is needed before the release removing "HEAT LEDGER" from the graphic something simple, iconic that works at any pixel resolution and if you intend to keep that heat ledger design reserve it for the Ltd company. As seen below it will never be visible when displayed at small pixel resolutions https://coinmarketcap.com/currencies/heat-ledger/CryptoCurrencies used to be a community effort I think this has moved on where the community can simply be passengers along for the ride. Maybe discussing the heat ledger logo is as peculiar as me calling my Yorkshire Bank to discus way to improve their logo/branding I also agree with this. Website needs fixing too, it's too much going on, needs to be simple and sexy with emphasis on heat.
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Rofl @ the asshat who dumped down to 1100 sats. Whoops
regret much? Much regret. So not... i was the buyer. How much did you pick up? Lucky
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Rofl @ the asshat who dumped down to 1100 sats. Whoops
regret much?
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Wow I'm going to be famous for asking questions! I made it into the magazine!
-proto
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how will the unsold coins be handled ?
Distributed to ICO buyers I believe. i hope so I am pretty sure the devs have confirmed that any unsold coins will be split among the ICO buyers. äh u buy a stake at this moment that stake doesnt say how many coins u get (till now). example if they are 30 mio coins ..5 mio keep for dev and 25mio will be splitted to for example 100 stakes (maximum 100 stakes) if they are only 40 stakes are sold, those 40 stakes are standing for 25mio coins! and will be splitted to the amounts of stakes who investors already bougth. correct me if im wrong.. but this is how it normaly going. Here unlike most ICO you do know the minimum amount of tokens you will get. But yes is only 12.5m tokens are sold everyone would get double the amount they paid for. I dont think the devs will keep 5m tokens. I dont think they will be created unless the 25m is sold but I am not 100% sure. "If all 25 Million tokens are reserved prior to ICO end date, an additional stack of up to 5 Million HEAT can be released at the HEAT Team's discretion at various outlets, for a price of approx. 0.00025 BTC each." So they will only release the 5 million if all 25 million is sold.
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how will the unsold coins be handled ?
Distributed to ICO buyers I believe.
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We are aiming for extremely low transaction fees, as low as possible basically. But since we don't yet know the market cap HEAT will have at launch we can't decide on those yet.
But if the market cap increase 100x then the transaction fee will be 100 times as expensive. If the fee is not a problem after having increased 10000 % then it was probably too low in the beginning for people to secure the network. NXT has a low fee now but the hard coded fee is 1 NXT, and if the market cap ever reaches 1 billion then the fee for every transaction will be $1. It will probably never reach a market cap of 10 billion because people wouldn't be willing to pay $10 for every transaction. An optimal Heat Ledger fee now will probably not be an optimal fee a few years from now. Why not do something else like letting the users decide what the most optimal fee will be? A kind of voting/consensus mechanism. To me that seems to be much better than having to change the code of the protocol when the fee in dollar terms becomes too high or too low. Voting seems reasonable. Will there be voting enabled in the first wallet? Or it could be a % of transaction. A fixed fee will likely become too expensive when price rises.
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HEAT will likely be 10x price of ICO when launched...
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There is no hype, which is a very good sign for an ICO.
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Will the website be redesigned? I hope the client looks sexy. Maybe higher a kickass designer if needed ?
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The Whitepaper V1 will be out late tonight.
Good job I might be asleep for it, will have to wait until tomorrow perhaps.
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HEAT seems to be one of the least hyped legit crypto projects around. That is a very good sign. We might see a big boost in the last days of ICO before August 8th. If it ends early, the ones who bought during ICO will receive extra HEAT!
I think we can see great things coming from the HEAT project.
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Will there be an online platform on the heatledger website where we can submit our proof of btc address and give a HEAT wallet address for withdrawl of tokens? Will this happen in September?
Yes, August or September Also, I think I read something about being able to earn some money being a node, through POS, and also saving transaction data? Running a HEAT node will make you eligible for POS reward as well as HEAT's unique Proof-of-Presence reward for hosting the blockchain slice files. Can I run a node on a VPS, or do I need to have physical access to the node? VPS should be fine. If I run on a VPS, I don't want to keep my full balance of HEAT on that server Not needed, HEAT will allow you to lease your balance to another account for forging for a time period you decide, making secure forging available. Sounds good. Look forward to running a node then Can't wait to get my HEAT tokens and start staking and also PoP.
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Will there be an online platform on the heatledger website where we can submit our proof of btc address and give a HEAT wallet address for withdrawl of tokens? Will this happen in September?
Also, I think I read something about being able to earn some money being a node, through POS, and also saving transaction data? Can I run a node on a VPS, or do I need to have physical access to the node?
If I run on a VPS, I don't want to keep my full balance of HEAT on that server...so if I am going to stake, it will only be once in a while, when I can, since I can't have a computer running 24/7 where I live basically (at least not yet)
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Can't wait to run a node for this! Thanks for the detailed replies/posts by the way.
Look forward to reading the whitepaper soon, and also look forward to seeing where HEAT ends up at the end of ICO.
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I have sent Eliphaz a pm regarding sending him an invite and hosting the slack auto-invite system to any one of the domain. So I am waiting for his reply. Best price for HEAT across accepted currencies has changed some with ETH boom.
From current CMC:
Price stage HEAT price Exchange / BTC 1 BTC worth HEAT per 1 BTC equiv BTC 2 0.00013 1.00000000 1.0000 7692.3077 FIMK 3 50 0.00000175 571428.5714 11428.5714 NXT 2 4 0.00003583 27909.5730 6977.3932 ETH 1 0.0065 0.02089820 47.8510 7361.6940
Glad to know the charts going well. Hope it doesn't let us down. another ICO. its really the ICO season. is HEAT ledger in any way related to CCEDK's own ICOO?
ICO is not what you should be afraid of. Its the credibility alone which needs to be worried. But in case of HEAT, Eliphaz has shown a lot of his credibility and thus I hope this goes way better than LISK and WAVES. Right now the slack channel #heat on supernet is more active I think then the other slack. It would be a good idea to link both of them.
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Hi all, Short update about what was done these past days. We have come to the functional testing phase, this is the phase where we no longer only test individual components but are now testing with real blockchains. Before we could do this we had to write custom software that is able to not only generate a full blockchain of varying transactions (so several GB's) but also be able to later confirm that each individual byte in each of the 5 million transactions was written correctly. Since during testing we cant hold all transaction input data in memory (too much data) and since using a separate file to store all input data would later slow down the test too much when we confirm all blockchain data. What we ended up with was a predictable transaction generator that could serve an endless number of transactions and when all transactions where written to the chain we would reset the generator and now it again generates exactly all the same transactions. (do I have a cool job or what ) These latest tests where all still running at around 20,000 transaction/second write throughput and around 500,000 transactions per second read. (all still on my relatively slow machine and without using SSD) Right now I am completing the unconfirmed transaction pool, which is important to be able to scale up or down as we need it. --- There was one nerd-hallelujah moment, although these things seem to happen more and more. The 5 million transaction test PASSED ON FIRST RUN! Celebrated with a nice cold beer Thanks for the update, can't wait for the future of HEAT. Congrats on the test passing on the first run. Would love to hear more about the nerd-hallelujah moments..
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