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Author Topic: [ANN] DECENT Announcement - Decentralizing Content Distribution  (Read 688296 times)
cielo98
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September 07, 2016, 08:54:34 PM
 #1261

DECENT is changing the way information and ideas are shared over the Internet with independent and borderless content distribution https://steemit.com/blockchain/@bloggersclub/decent-takes-lead-in-the-decentralized-content-distribution-revolution

nice article,i really like that DECENT team is aggressive with the promotion and campaign of this project.

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September 07, 2016, 10:14:02 PM
 #1262

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?

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September 07, 2016, 10:35:48 PM
 #1263

Call me ignorant, but I don't want to sit here spending a long time browsing through everything...

How long does the signature campaign run?

Afterwards, what do we need to do to claim our DCT?

 
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euggio
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September 07, 2016, 10:44:39 PM
 #1264

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?


Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:


After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing


Meaning:

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)


Hope that helps.
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September 08, 2016, 03:18:28 AM
 #1265

Let S be the token sale amount and T a variable that represents 70% of all DCT tokens. In detail, we have:

S + .1T + .02T + 1 000 000 + 3 000 000 = T
S + .12T + 4 000 000 = T
S + 4 000 000 = .88T

S sets the value of the variable T:
T = (S + 4 000 000)/.88 [...]

[...] And that of all DCT tokens:
T = .7DCT
DCT = T/.7
QED
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September 08, 2016, 04:14:41 AM
 #1266

When we will be able to trade this after ICO ends? Any dates?

Q1 2017

http://sale.decent.ch/

The tokens will be distributed when the decent-core is released. Projected time is Q1-Q2 2017. Investors will have to wait until then to be able to trade.
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September 08, 2016, 04:32:02 AM
 #1267

great, looks like I've been accepted to the sig list. thanks!
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September 08, 2016, 05:30:09 AM
 #1268

Keep the signature in your profile and you can get another stake proportionally to your membership level every week. Moreover, for every 30 posts on the forum with DECENT Signature, you can get another stake based on your membership as well, after the mandatory first 20 posts!

I have a question, so to make 1 stake, we have to post 20 in a week? And we can get 1 more stake if we post 50 in a week?
Samuray
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September 08, 2016, 05:44:30 AM
 #1269

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?


Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:


After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing


Meaning:

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)


Hope that helps.

Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply?

euggio
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September 08, 2016, 07:05:34 AM
 #1270

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?


Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:


After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing


Meaning:

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)


Hope that helps.

Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply?

If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it.

To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate. 
Samuray
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September 08, 2016, 09:31:06 AM
 #1271

So, I asume the total number of tokens is 100m ?
If so, the investors get 54m of the total 100m?


Buyers will drive the numbers. We will know them for sure after ICO (except for those of the Bounty Program & Pre-Software Marketing). So far, we know that:


After the launch of the final release of DECENT Network, tokens will be issued according to the Software Sale results. DCT sold in the September Software sale will be 70% of the total DCT distributed. Part of this will be also pre-mine funds that will be distributed in following way:

10% for the DECENT Foundation
2% for the Investment Fund
1,000,000 DCT for DECENT Bounty program
3,000,000 DCT for Pre-software marketing


Meaning:

=> the overall amount of DCT sold during the Software Sale + the described funds for Bounties etc. represent 70% of the total amount of DCT that will be issued. According to this number, the remaining 30% will be allocated to mining rewards (DECENT uses a PoC - Proof of Custody algorithm)


Hope that helps.

Correct me if I'm wrong ! To The investors will be distributed around 50% of the total supply?

If by "investors", you mean ICO buyers in a strict sense, check the formula in the fourth comment above yours. That's how I could formalize the distribution, though such formalization still needs to be confirmed by a representative. With that formula, you will just have to replace T and S by .7DCT and .5DCT respectively in order to find what the total supply should be if buyers were to be distributed 50% of it.

To answer your question: For investors to get exactly 50% of the total supply (bar bounties, marketing and mining rewards), the total supply should amount precisely to 34 482 758.6. Since that number depends on tokens sold, one can only estimate.
Do you have a clearer answer like: yes your correct or no the % that the ivestors(ofcourse I mean ico buyers) are getting is xx% of total supply ?

P.S.I am curious if your going to give me the bullshit formulla again for the 3-rd time as answer  Cheesy

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September 08, 2016, 09:33:28 AM
 #1272

So from strategic point, none of the founder is a developer which means they will have to hire, which will cost plenty (waves burns $60K a month and they have coders)
and what happens when they depleted the founds?
How long it will takes for the project to go in to production? ETh is present over 2years and they are still far from it.
50% extra on first day means we can have huge dump as usual becouse someone plan to make some bitcoins and move to another ICO.



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ecawyna
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September 08, 2016, 10:06:59 AM
 #1273

So from strategic point, none of the founder is a developer which means they will have to hire, which will cost plenty (waves burns $60K a month and they have coders)
and what happens when they depleted the founds?
How long it will takes for the project to go in to production? ETh is present over 2years and they are still far from it.
50% extra on first day means we can have huge dump as usual becouse someone plan to make some bitcoins and move to another ICO.




Good point. I'm thinking the same.


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September 08, 2016, 11:56:58 AM
 #1274

So from strategic point, none of the founder is a developer which means they will have to hire, which will cost plenty (waves burns $60K a month and they have coders)
and what happens when they depleted the founds?
How long it will takes for the project to go in to production? ETh is present over 2years and they are still far from it.
50% extra on first day means we can have huge dump as usual becouse someone plan to make some bitcoins and move to another ICO.


This ico has early dump written all over it, but it's certainly interesting enough for me to follow.
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September 08, 2016, 01:20:56 PM
 #1275

So from strategic point, none of the founder is a developer which means they will have to hire, which will cost plenty (waves burns $60K a month and they have coders)
and what happens when they depleted the founds?
How long it will takes for the project to go in to production? ETh is present over 2years and they are still far from it.
50% extra on first day means we can have huge dump as usual becouse someone plan to make some bitcoins and move to another ICO.



Hi, we already have developers in our team. The network launch is planned for Q1/Q2 2017.

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September 08, 2016, 01:21:57 PM
 #1276

Check out the new look of reference client http://decent.ch/decent-reference-client-got-new-look/

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September 08, 2016, 01:28:03 PM
 #1277

Very interesting


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September 08, 2016, 02:23:29 PM
 #1278

Looks alot smoother/cleaner.  Is the countdown timer accurate? ICO opens @ 14.15 pm GMT Saturday?
Also, can we send Bitcoin from Exchanges/online wallets, or we need to control the private keys we send from?
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September 08, 2016, 02:47:26 PM
 #1279

Looks alot smoother/cleaner.  Is the countdown timer accurate? ICO opens @ 14.15 pm GMT Saturday?
Also, can we send Bitcoin from Exchanges/online wallets, or we need to control the private keys we send from?

It is always better to hold private keys of the address that you use to send. It won't take much time and satoshis to transfer from exchanges to your own addresses. Do alway practice to hold privatekeys.

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September 08, 2016, 03:17:56 PM
 #1280

Looks alot smoother/cleaner.  Is the countdown timer accurate? ICO opens @ 14.15 pm GMT Saturday?
Also, can we send Bitcoin from Exchanges/online wallets, or we need to control the private keys we send from?
I have shut down the timer because it was having glitches. The official time is 1:00pm GMT Saturday

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