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September 05, 2016, 09:36:38 AM
 #1121

My apologies if this has already been addressed, but after several reads of the distribution shown on the first page of this announcement, I remain confused. Any help answering the questions in the image below is appreciated.

http://imgur.com/fKNUcjC
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September 05, 2016, 10:53:03 AM
 #1122

My apologies if this has already been addressed, but after several reads of the distribution shown on the first page of this announcement, I remain confused. Any help answering the questions in the image below is appreciated.




You are right, something about the coin issuance is a bit confusing.

Quoting OP: 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 [...]

"This" in "Part of this" is an anaphor referring back to the predicate phrase "70% of the total DCT distributed", to be grammatically correct. I think the OP editor meant it to refer to the prepositional phrase subpart "total DCT distributed". This error is a case of unclear pronoun reference (ungrammatical in formal English) and is the reason why people are so confused, and rightly so.

The phrase "Part of this" would be better replaced by something like "The remaining 30%". No need to add the phrase "will be also premine funds that" as it is totally redundant here. Everyone knows the 70% will be a premine, much as they do the 30% since neither PoS nor PoW was mentioned anywhere on the OP. My 2 DCT.
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September 05, 2016, 10:55:02 AM
 #1123

According to Tibor Tarábek (founder of subsidiary of Microsoft Corp. in Slovakia) DECENT has the potential to become "the next big thing within data distribution processes worldwide.”

http://decent.ch/founder-subsidiary-microsoft-corp-slovakia-tibor-tarabek-views-blockchain-potential-within-content-distribution/

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September 05, 2016, 11:03:05 AM
 #1124

My apologies if this has already been addressed, but after several reads of the distribution shown on the first page of this announcement, I remain confused. Any help answering the questions in the image below is appreciated.




You are right, something about the coin issuance is a bit confusing.

Quoting OP: 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 [...]

"This" in "Part of this" is an anaphor referring back to the predicate phrase "70% of the total DCT distributed", to be grammatically correct. I think the OP editor meant it to refer to the prepositional phrase "total DCT distributed". This error is a case of unclear pronoun reference (ungrammatical in formal English) and is the reason why people are so confused, and rightly so.

The phrase "Part of this" would be better replaced by something like "The remaining 30%". No need to add the phrase "will be also premine funds that" as it is totally redundant here. Everyone knows the 70% was a premine, much as they do the 30% since neither PoS nor PoW was mentioned anywhere on the OP. My 2 DCT.

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

=> 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)

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September 05, 2016, 11:12:40 AM
 #1125


=> 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)

This part clarifies everything. Thanks. It might be helpful to put it on OP to take away doubts and confusion.
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September 05, 2016, 01:46:06 PM
 #1126

Can i know the time the Software sell starts so that i can buy in at low - i am in INDIA - My timezone is IST +5:30
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September 05, 2016, 01:52:03 PM
 #1127

5 days to ICO, hopefully this will be great

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September 05, 2016, 02:09:09 PM
 #1128

Join DECENT Slack channel!
It's a great place for live discussion with our team and community about the abilities of decentralized content distribution network

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September 05, 2016, 02:11:33 PM
 #1129

Join DECENT Slack channel!
It's a great place for live discussion with our team and community about the abilities of decentralized content distribution network
yeah it looks interesting, the community was invited to participate in this project, I think it is a good invitation, cheers

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September 05, 2016, 03:03:56 PM
 #1130

With the DECENT token I will not become a stock owner of DECENT. I am becoming an early customer of DECENT? What should be my motivation of that? Producing or consuming content later?

So who are the (stock) owners of DECENT company?

For most of my spare money, I am an investor. For the rest of my spare money, I am a speculator. What's in for me?

-
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September 05, 2016, 05:16:37 PM
 #1131

When we will be able to trade this after ICO ends? Any dates?
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September 05, 2016, 05:20:22 PM
 #1132

Join DECENT Slack channel!
It's a great place for live discussion with our team and community about the abilities of decentralized content distribution network
A little ironic that the major discussions around creating a decentralized content distribution network are happening behind a closed-platform-single-corporate-control system of Slack.
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September 05, 2016, 05:21:30 PM
 #1133

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

Q1 2017

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Ziggy001
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September 05, 2016, 05:22:23 PM
 #1134

Is there anyone told me how to keep DCT ? Is there a DCT wallet ? I'm just so new to this industry.
jacaf01
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September 05, 2016, 05:39:48 PM
 #1135

Is there anyone told me how to keep DCT ? Is there a DCT wallet ? I'm just so new to this industry.

The wallet will be released after the ICO and the token distribution should come up around 1st quarter of 2017 so it should be around that period that the wallet will be ready for use

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QRX|
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QURREX - QRXTest MVP |Source
www.qurrex.com

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September 06, 2016, 05:29:57 AM
 #1136

How much time does someone need to wait in order to be accepted in the signature list?
pastapaska
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September 06, 2016, 08:14:03 AM
 #1137

I just joint your signature campaign, one question: signature campaign will last until ico ends, right?
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September 06, 2016, 08:21:29 AM
 #1138

Can i know the time the Software sell starts so that i can buy in at low - i am in INDIA - My timezone is IST +5:30

The Software Sale begins at 1 pm UTC on the 10th of September

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September 06, 2016, 08:22:46 AM
 #1139

How much time does someone need to wait in order to be accepted in the signature list?

The document is updated in stages. If you assume there is some mistake, or your profile has been forgotten, please fill the Bounty appeal form: https://docs.google.com/forms/d/e/1FAIpQLSeIB73dofQqFBo5ggeR5xVcUQBUjhI_G0NfyiiTJ0VYRcW8RA/viewform

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September 06, 2016, 08:23:14 AM
 #1140

I just joint your signature campaign, one question: signature campaign will last until ico ends, right?

Yes exactly.

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