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Author Topic: WAVES. Ultimate crypto-tokens blockchain platform.  (Read 2389182 times)
larbaud
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April 14, 2016, 09:49:13 PM
 #4021



I purchased (=sent the coins) at 11:57 GMT yesterday, as it's written in the "related payment" section of my dashboard, and I only received 10% bonus (I know that because it's easy to calculate the Waves/BTC ratio at a given time). I think that's because the waves were credited after 2 confirmations at 12:28, when the 20% was over. So we didn't have 24h to send our BTC, only about 23h20...it was necessary to send the BTC before 11:20 GMT to get the 20%. Any dev can tell me if I'm right and if it is normal ?  Undecided

You had 24 hours to participate for the 20%.
Depositing 3 minutes before the end of the timeframe is rather risky imo.
Does the time on the blockchain also show 11:57?
If so you should contact support. I'm sure they take care of it if your case is legit.
Heres the answer mate https://bitcointalk.org/index.php?topic=1387944.msg14524620#msg14524620

If the 20% bonus starts at 12 pm the 12th (we could not deposit before) and you have to deposit before something like 11:20 am the 13th, that's not 24h

That's why "mxxxxxx" says that time of transaction counts

But I fear that is not what happened : my payment was created at 11:57 (ICO dashboard) and received at 12:28 (blockchain.info), and I got only 10%.

Here's how I know that, correct me if I'm wrong (or tell me your Waves/deposited BTC ratio) :

At this time the 85 million Waves are divided between 4828 BTC, of which something like 4600 were deposited during the 20% bonus, so 1 BTC + 20% bonus = about 17900 Waves.

I have deposited 0.7 BTC the first day (at 20%, there is no doubt) then 1.266 at 11:57 the 13th (which are supposed to be at 20%). 1.968 in total.

17900*1.968 = about 35200 Waves. I have only 32900 in my balance. The difference is the 10% missing on the second deposit.


Am I right ? Where can I contact the support ?


Pointless, since everything is automatic and it's arrival time of BTC, not your send time that counts.
the time when it shown in blockchain its counting
but its now 2 early calculate the bonus , at the end of ico will it be shown (that's what I thought)

Time of transaction on the blockchain is important, it is just showing in your account after 2 confirmations, if it came while in 24 hours period you got 20% bonus, all Waves balances will be changing in your accounts up to the last day of the ICO while new investors are coming. Through first 24 hours when you were depositing 1 BTC, your Waves balance was calculated as if you were depositing 1.2 BTC up to the last seconds of the first 24 hours. Now when someone is depositing 1 BTC, his Waves balance will be calculated as if he was depositing 1.1 BTC until the last of April. We are all the time in one big pool.

Please join http://slack.wavesplatform.com and send message to Sasha if you would like to have your transaction verified.

You don't understand. The 20% bonus is effective during the first 24h. If the reference time is the initiation of the transaction, then it as to stop the 13th at 12 PM as the ICO and so the first initiated transactions have begun the 12th at 12 PM. But if the reference is the 2-confirmation-time, then the 20% bonus has to stop about 40 min after 12 PM the 13th, because the first 2-confirmations-transactions were at the same time the day before. Otherwise you had to let us know that the 20% bonus is effective during only 23h something and not 24h.

I apparently lost 10% of my Waves because of that. My BTC have been deposited in time.
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April 14, 2016, 09:50:38 PM
 #4022

I understand that there is no working prototype for Waves at this moment, but that the test net will be deployed soonish.

Question for anyone who might know: how many tx per second will the Waves platform be able to do at launch?
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April 14, 2016, 09:58:20 PM
 #4023



I purchased (=sent the coins) at 11:57 GMT yesterday, as it's written in the "related payment" section of my dashboard, and I only received 10% bonus (I know that because it's easy to calculate the Waves/BTC ratio at a given time). I think that's because the waves were credited after 2 confirmations at 12:28, when the 20% was over. So we didn't have 24h to send our BTC, only about 23h20...it was necessary to send the BTC before 11:20 GMT to get the 20%. Any dev can tell me if I'm right and if it is normal ?  Undecided

You had 24 hours to participate for the 20%.
Depositing 3 minutes before the end of the timeframe is rather risky imo.
Does the time on the blockchain also show 11:57?
If so you should contact support. I'm sure they take care of it if your case is legit.
Heres the answer mate https://bitcointalk.org/index.php?topic=1387944.msg14524620#msg14524620

If the 20% bonus starts at 12 pm the 12th (we could not deposit before) and you have to deposit before something like 11:20 am the 13th, that's not 24h

That's why "mxxxxxx" says that time of transaction counts

But I fear that is not what happened : my payment was created at 11:57 (ICO dashboard) and received at 12:28 (blockchain.info), and I got only 10%.

Here's how I know that, correct me if I'm wrong (or tell me your Waves/deposited BTC ratio) :

At this time the 85 million Waves are divided between 4828 BTC, of which something like 4600 were deposited during the 20% bonus, so 1 BTC + 20% bonus = about 17900 Waves.

I have deposited 0.7 BTC the first day (at 20%, there is no doubt) then 1.266 at 11:57 the 13th (which are supposed to be at 20%). 1.968 in total.

17900*1.968 = about 35200 Waves. I have only 32900 in my balance. The difference is the 10% missing on the second deposit.


Am I right ? Where can I contact the support ?


Pointless, since everything is automatic and it's arrival time of BTC, not your send time that counts.
the time when it shown in blockchain its counting
but its now 2 early calculate the bonus , at the end of ico will it be shown (that's what I thought)

Time of transaction on the blockchain is important, it is just showing in your account after 2 confirmations, if it came while in 24 hours period you got 20% bonus, all Waves balances will be changing in your accounts up to the last day of the ICO while new investors are coming. Through first 24 hours when you were depositing 1 BTC, your Waves balance was calculated as if you were depositing 1.2 BTC up to the last seconds of the first 24 hours. Now when someone is depositing 1 BTC, his Waves balance will be calculated as if he was depositing 1.1 BTC until the last of April. We are all the time in one big pool.

Please join http://slack.wavesplatform.com and send message to Sasha if you would like to have your transaction verified.

You don't understand. The 20% bonus is effective during the first 24h. If the reference time is the initiation of the transaction, then it as to stop the 13th at 12 PM as the ICO and so the first initiated transactions have begun the 12th at 12 PM. But if the reference is the 2-confirmation-time, then the 20% bonus has to stop about 40 min after 12 PM the 13th, because the first 2-confirmations-transactions were at the same time the day before. Otherwise you had to let us know that the 20% bonus is effective during only 23h something and not 24h.

I apparently lost 10% of my Waves because of that. My BTC have been deposited in time.

The reference is when transaction shows up on the blockchain. Please DM Sasha in slack. He will help you with sorting your problem.

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April 14, 2016, 10:00:31 PM
 #4024

I understand that there is no working prototype for Waves at this moment, but that the test net will be deployed soonish.

Question for anyone who might know: how many tx per second will the Waves platform be able to do at launch?

Tech details will be showing up during the ICO. First testnet. Next beta mainnet, scalability approach will be also presented in meantime.

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April 14, 2016, 10:19:19 PM
 #4025

I understand that there is no working prototype for Waves at this moment, but that the test net will be deployed soonish.

Question for anyone who might know: how many tx per second will the Waves platform be able to do at launch?

Tech details will be showing up during the ICO. First testnet. Next beta mainnet, scalability approach will be also presented in meantime.

what if no tech details will show up during the ico ?

 Grin

~CfA~

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April 14, 2016, 10:22:30 PM
 #4026


Nooo, what the Fudboys will do then? :-(

(Nice gesture sasha, keep up the great work!)

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BoldNinja
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April 14, 2016, 10:23:57 PM
 #4027

85,000,000.00 WAVES/4832 BTC = 17591 Waves per BTC

I sent 1 BTC on 4/12 and have 17,648 Waves so your number is real close. However, I should have an extra 20%. When and how will the 20% bonus be applied?

This is confusing: https://blog.wavesplatform.com/how-to-participate-in-the-waves-ico-87d04a6d043c#.13bef93rf

4) Users who buy WAVES tokens on 12 April will receive a bonus of 20%, which will be credited to their account immediately.Those who participate before the end of April (13–30 April) will receive a 10% bonus, and those who participate from 1–15 May will receive a 5% bonus.

5) At the end of the ICO, 85 million WAVES will be distributed proportionally to investors, including the early investor bonuses, based on the total funds collected. 15 million WAVES will be retained by the founding team for development and marketing

Is the bonus applied immediately OR after the ICO ends and how? At the end of the ICO you can't divide 85,000,000 by all the BTC sent to get Waves/BTC, and then add 20%, 10% or 5% Waves, because you will have more than 85,000,000 Waves.

Everything will go from that 85m it's just that let's say ICO just ended and you got the last deposit so final would for example with no bonus last deposit for 1 BTC = 10000 WAVES , but the one who deposited on the first day 1 BTC amount will receive 12000 WAVES.

You can't do it that way as I explained. If you wait until the end of the ICO and divide (85,000,000 Waves/Total BTC received) = Waves/BTC then you can't add on any bonus because you will have more than 85,000,000 Waves.

Lets say:

1,000 people sent 1 BTC on 4/12
250 people sent 1 BTC on 4/13
100 people sent 1 BTC on 5/11
50 people sent 1 BTC on 5/31

Total BTC = 1,400

85,000,000 Waves / 1,400 BTC = 60,714 Waves/BTC

You can not add on any bonus to 60,174 as you will end up with over 85,000,000 Waves.

If you added on each bonus you would get:

60,714 x 1.2 = 72,856.8  (1,000 x 72,856.8 = 72,856,800 Waves)  

60,714 x 1.1 = 66,785.4  (250 x 66,785.4 = 16,696,350 Waves)

60,714 x 1.05 = 63,749.7 ( 100 x 63,749.7 = 6,374,970 Waves)

60,714 x 50 = 3,035,700 Waves

Total Waves = 72,856,800 + 16,696,350 + 6,374,970 + 3,035,700 = 98,963,820 Waves *
  


OK lets see it this way for easier interpretation :

1,000 people sent 1 BTC on 4/12 (20% bonus)
1,000 people sent 1 BTC on 4/13 (10% bonus)
1,000 people sent 1 BTC on 5/11 (5% bonus)
1,000 people sent 1 BTC on 5/31 (no bonus)

means 4,000 BTC right? But for waves final calculation that will be 1200+1100+1050+1000 = 4350

85,000,000 / 4,350 = I'm going to round that to 19,540 WAVES = 1BTC so we don't get into to many digits Smiley (it's actually 19540,229885057471264367816091954)

so to put this to final numbers:

1,000 people sent 1 BTC on 4/12 (1200) = 23,448,000 (each will get 23,448 WAVES for their 1 BTC investment)
1,000 people sent 1 BTC on 4/13 (1100) =  21,494,000 (each will get 21,494 WAVES for their 1 BTC investment)
1,000 people sent 1 BTC on 5/11 (1050) = 20,517,000 (each will get 20,517 WAVES for their 1 BTC investment)
1,000 people sent 1 BTC on 5/31 (1000) = 19,540,000 (each will get 19,540 WAVES for their 1 BTC investment)

so 23,448,000 + 21,494,000 + 20,517,000 + 19,540,000 = 84,999,000 WAVES  (we missed that 1,000 WAVES when we rounded it to 19,540)

All ok?

Sasha and his team won't receive 4350 BTC in this calculation, but 4000 BTC - additional 350 is added to waves final calculation for the bonus purposes.

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April 14, 2016, 10:30:30 PM
 #4028

85,000,000.00 WAVES/4832 BTC = 17591 Waves per BTC

I sent 1 BTC on 4/12 and have 17,648 Waves so your number is real close. However, I should have an extra 20%. When and how will the 20% bonus be applied?

This is confusing: https://blog.wavesplatform.com/how-to-participate-in-the-waves-ico-87d04a6d043c#.13bef93rf

4) Users who buy WAVES tokens on 12 April will receive a bonus of 20%, which will be credited to their account immediately.Those who participate before the end of April (13–30 April) will receive a 10% bonus, and those who participate from 1–15 May will receive a 5% bonus.

5) At the end of the ICO, 85 million WAVES will be distributed proportionally to investors, including the early investor bonuses, based on the total funds collected. 15 million WAVES will be retained by the founding team for development and marketing

Is the bonus applied immediately OR after the ICO ends and how? At the end of the ICO you can't divide 85,000,000 by all the BTC sent to get Waves/BTC, and then add 20%, 10% or 5% Waves, because you will have more than 85,000,000 Waves.

Everything will go from that 85m it's just that let's say ICO just ended and you got the last deposit so final would for example with no bonus last deposit for 1 BTC = 10000 WAVES , but the one who deposited on the first day 1 BTC amount will receive 12000 WAVES.

You can't do it that way as I explained. If you wait until the end of the ICO and divide (85,000,000 Waves/Total BTC received) = Waves/BTC then you can't add on any bonus because you will have more than 85,000,000 Waves.

Lets say:

1,000 people sent 1 BTC on 4/12
250 people sent 1 BTC on 4/13
100 people sent 1 BTC on 5/11
50 people sent 1 BTC on 5/31

Total BTC = 1,400

85,000,000 Waves / 1,400 BTC = 60,714 Waves/BTC

You can not add on any bonus to 60,174 as you will end up with over 85,000,000 Waves.

If you added on each bonus you would get:

60,714 x 1.2 = 72,856.8  (1,000 x 72,856.8 = 72,856,800 Waves)  

60,714 x 1.1 = 66,785.4  (250 x 66,785.4 = 16,696,350 Waves)

60,714 x 1.05 = 63,749.7 ( 100 x 63,749.7 = 6,374,970 Waves)

60,714 x 50 = 3,035,700 Waves

Total Waves = 72,856,800 + 16,696,350 + 6,374,970 + 3,035,700 = 98,963,820 Waves *
  


OK lets see it this way for easier interpretation :

1,000 people sent 1 BTC on 4/12 (20% bonus)
1,000 people sent 1 BTC on 4/13 (10% bonus)
1,000 people sent 1 BTC on 5/11 (5% bonus)
1,000 people sent 1 BTC on 5/31 (no bonus)

means 4,000 BTC right? But for waves final calculation that will be 1200+1100+1050+1000 = 4350

85,000,000 / 4,350 = I'm going to round that to 19,540 WAVES = 1BTC

so for first calculation


1,000 people sent 1 BTC on 4/12 (1200) = 23,448,000 (each will get 23,448 for their 1 BTC)
1,000 people sent 1 BTC on 4/13 (1100) =  21,494,000 (each will get 21,494 for their 1 BTC)
1,000 people sent 1 BTC on 5/11 (1050) = 20,517,000 (each will get 20,517 for their 1 BTC)
1,000 people sent 1 BTC on 5/31 (1000) = 19,540,000 (each will get 19,540 for their 1 BTC)

so 23,448,000 + 21,494,000 + 20,517,000 + 19,540,000 = 84,999,000 (we missed that 1,000 WAVES when we rounded it to 19,540)

All ok?

Perfect. Thank you. I had thought there might be a separate Total BTC.
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April 14, 2016, 10:31:23 PM
 #4029

I understand that there is no working prototype for Waves at this moment, but that the test net will be deployed soonish.

Question for anyone who might know: how many tx per second will the Waves platform be able to do at launch?

Tech details will be showing up during the ICO. First testnet. Next beta mainnet, scalability approach will be also presented in meantime.

what if no tech details will show up during the ico ?

 Grin

~CfA~

This is not an option Smiley

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April 14, 2016, 10:35:14 PM
 #4030

is the signature campaign still active for waves?
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April 14, 2016, 10:37:41 PM
 #4031

JL777, One member was offering a 20 BTC reward for information on his identity. He's accused of running off with $2 million.

https://bitcointalk.org/index.php?topic=806495.0

That "member" is a flake who freaked out when he couldn't deliver code for one of James' projects after James paid him to do so. He's long gone. 






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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






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April 14, 2016, 10:39:31 PM
 #4032

Quote from: rossr1 link=

topic=1387944.msg14542651#msg14542651 date=1460673314
is the signature campaign still active for waves?


Yes!
Signature Campaign Details. https://blog.wavesplatform.com/signature-campaign-details-e66628f761bf
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April 14, 2016, 10:40:42 PM
 #4033

JL777, One member was offering a 20 BTC reward for information on his identity. He's accused of running off with $2 million.

https://bitcointalk.org/index.php?topic=806495.0

That member is a famous scammer who got a dedicated article about his theft - http://cointelegraph.com/news/the-mystery-of-the-missing-1000000-nxt
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April 14, 2016, 10:41:37 PM
 #4034

So guess after all, everything seems to be going really well, designed to have no flaws,
hope none, getting in and staying there is the way to go.

already in it, woohoo. Get them btc's together guys for this will be bigger,.
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April 14, 2016, 10:50:58 PM
 #4035


great to see a strong and active community !! Roll Eyes
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April 14, 2016, 11:03:12 PM
 #4036



I just read this article and it makes me want to hold on to whatever Waves I own for the next 4-8 years...maybe longer.  I will ride the Waves.


 Smiley




OK now I KNOW you guys are shilling the crap out of this waves crap LMAO, that's just way to obvious.

Not touching this garbage.  It's amazing how many of these crypto 'projects' need sooo much funding for crap they haven't even released yet?!?!?   Roll Eyes  Yet other legit dev/coins are working away hard without such funding demands.  Such a joke.

Well I tend to agree.. Project is a bit sketchy..Adam was listed as, one of the developers then removed.
JL777 is listed as a developer. Now, he is just an advisor.

JL777, One member was offering a 20 BTC reward for information on his identity. He's accused of running off with $2 million.

https://bitcointalk.org/index.php?topic=806495.0

I do agree that its sketchy, but pulling that thread from 2014 makes no sense.
Its old and irrelevant, the guy making the accusations was a joke.
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April 14, 2016, 11:03:29 PM
 #4037

I have a question concerning the first day bonus. Am I correct that if I divide 85.000.000 by the current total received bitcoins ( which would be 4841.00082062)  I get the amount of Waves for one btc at least for now?

So if the bonus is added on the fly and calculated as if I bought 1,2 BTC (instead of 1 BTC) worth of Waves, how come that I doesn't add up with my current Waves/BTC balance which is updated??

Am I making sense?
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April 14, 2016, 11:09:03 PM
 #4038

I have a question concerning the first day bonus. Am I correct that if I divide 85.000.000 by the current total received bitcoins ( which would be 4841.00082062)  I get the amount of Waves for one btc at least for now?

So if the bonus is added on the fly and calculated as if I bought 1,2 BTC (instead of 1 BTC) worth of Waves, how come that I doesn't add up with my current Waves/BTC balance which is updated??

Am I making sense?

It's useless to calculate now if ICO would be only 1 day with 20% bonus no one would get a bonus of waves as it's still 85m divided by those who invested.

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April 14, 2016, 11:33:15 PM
 #4039

I have a question concerning the first day bonus. Am I correct that if I divide 85.000.000 by the current total received bitcoins ( which would be 4841.00082062)  I get the amount of Waves for one btc at least for now?

So if the bonus is added on the fly and calculated as if I bought 1,2 BTC (instead of 1 BTC) worth of Waves, how come that I doesn't add up with my current Waves/BTC balance which is updated??

Am I making sense?

You must wait until the ico finish to elaborate a more accurate number, remeber bonus, and so on must be calculated, someone make this sheet:
https://docs.google.com/spreadsheets/d/1xxP6h3zFVtGbhmKT4yjBdRd4oC77CQ4R623TFWjA_qo/edit#gid=1885855148

ForoBitcoin.org
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April 14, 2016, 11:41:57 PM
 #4040

https://bitkapital.com


POWERED BY THE WAVES PLATFORM

Now this is interesting.
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