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Author Topic: | STRATIS | The first blockchain developed for businesses |Full POS  (Read 1890780 times)
Krushang (OP)
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June 28, 2016, 09:15:44 PM
 #821

The first phase of block generation is POW. I wonder what hashing algorithm would be used.

Can someone explain how many coins will exist during its existence. If I remember correct about 98M tokens will be issued during ICO. But how fast will this number increase? Or will it stay always 98M? Thanks for an explanation.



Total tokens: 98 million
ICO tokens: 84 million
Stratis team: 8 Million
Advisors and Partners: 2 million
Bounties and campaigns: 4 million

We aim to have the Full Node framework and mainnet released in December 2016, please note this is a very conservative estimate. Initially Stratis will launch with POW Mining, we will be developing our own Proof-of-stake technology. This is due to the Stratis Full Node framework being based on the architecture of Bitcoin 0.12.

Thanks, just one question concerning POW. If you base it on Bitcoin code and POW in the beginning does it mean that we will have 12.5 coins per 10 min. It's probably explained in the white paper but I haven't found it.

It will be a different algorithm and faster blocktimes then Bitcoin

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Toro iskandar
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June 28, 2016, 09:17:16 PM
 #822

stratis total btc: 128+  Smiley

hopefully he can reach 50,000BTC at the end of the ICO  Wink

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June 28, 2016, 09:51:41 PM
 #823

stratis total btc: 128+  Smiley

hopefully he can reach 50,000BTC at the end of the ICO  Wink

50000 would be nice  Grin
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June 28, 2016, 10:20:03 PM
 #824

What is the token needed for?

How exactly do token holders profit from development on stratis?

The standard private chains will require Stratis tokens to be 'locked' as part of the 2 way peg to private chains. Stratis tokens will also be the currency utilized to pay transaction fees to miners. When we migrate to POS Stratis tokens will be used to secure the Stratis chain and the private chains.The Blockchain-as-a-Service platform will be also be fueled by Stratis tokens, users will be able to deposit digital currencies or pay via paypal and Fiat to 'credit' their account with Stratis tokens to fuel their node.Our fiat gateway technology will also charge a fee in Stratis, but note there will most likely be a fee on the fiat side also. This will be one of the centralized components of the Stratis Platform, but its the only way to have Fiat gateways and be compliant with the various regulations involved.

Whitepaper: http://stratisplatform.com/files/Stratis_Whitepaper.pdf

Thanks for the reply!

So do I understand this correctly:

Stratis will be a separate blockchain. To this blockchain, private chains can be attached via a peg that involves locking Stratis tokens. How many will be needed for this?
'Fuel' a node means to pay for the deployment of a node? Lastly when will the Stratis tokens be tradable and what is your guestimation date for a rollout of the finished Stratis project?
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June 28, 2016, 10:25:52 PM
 #825

hey

can I send BTC from my btc-e account to stratis platform?
Toro iskandar
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June 28, 2016, 10:28:08 PM
 #826

stratis total btc: 128+  Smiley

hopefully he can reach 50,000BTC at the end of the ICO  Wink

50000 would be nice  Grin

very good  Cheesy

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Toro iskandar
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June 28, 2016, 10:29:34 PM
 #827

hey

can I send BTC from my btc-e account to stratis platform?


certainly can  Wink

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June 29, 2016, 03:05:48 AM
 #828

Are there any bounties to be earn?


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June 29, 2016, 03:34:43 AM
 #829

Are there any bounties to be earn?

yes there is bounty you read this http://stratisplatform.com/2016/06/14/campaign-and-bounty-details/

many bounty you can earn  Smiley
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June 29, 2016, 04:09:18 AM
 #830

stratis total btc: 128+  Smiley

hopefully he can reach 50,000BTC at the end of the ICO  Wink

50000 would be nice  Grin

wow 50000 BTC big goal and would be nice when reach the 50k BTC
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June 29, 2016, 04:30:21 AM
 #831

Are there any bounties to be earn?

You earn Stratis tokens through http://Theviralexchange.com. Action ads and you will earn Stratis daily.

more info :

yes there is bounty you read this http://stratisplatform.com/2016/06/14/campaign-and-bounty-details/
many bounty you can earn  Smiley

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June 29, 2016, 04:52:09 AM
 #832

Hi dev , did join the signaure today and sent you private message!
With regards
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June 29, 2016, 05:25:10 AM
 #833

The first phase of block generation is POW. I wonder what hashing algorithm would be used.

Can someone explain how many coins will exist during its existence. If I remember correct about 98M tokens will be issued during ICO. But how fast will this number increase? Or will it stay always 98M? Thanks for an explanation.



Total tokens: 98 million
ICO tokens: 84 million
Stratis team: 8 Million
Advisors and Partners: 2 million
Bounties and campaigns: 4 million

We aim to have the Full Node framework and mainnet released in December 2016, please note this is a very conservative estimate. Initially Stratis will launch with POW Mining, we will be developing our own Proof-of-stake technology. This is due to the Stratis Full Node framework being based on the architecture of Bitcoin 0.12.

Thanks, just one question concerning POW. If you base it on Bitcoin code and POW in the beginning does it mean that we will have 12.5 coins per 10 min. It's probably explained in the white paper but I haven't found it.

It will be a different algorithm and faster blocktimes then Bitcoin

Thanks for the answer. Final question: How many coins per day will be issued? Is this already defined?

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June 29, 2016, 06:16:18 AM
 #834

The first phase of block generation is POW. I wonder what hashing algorithm would be used.

Can someone explain how many coins will exist during its existence. If I remember correct about 98M tokens will be issued during ICO. But how fast will this number increase? Or will it stay always 98M? Thanks for an explanation.



Total tokens: 98 million
ICO tokens: 84 million
Stratis team: 8 Million
Advisors and Partners: 2 million
Bounties and campaigns: 4 million

We aim to have the Full Node framework and mainnet released in December 2016, please note this is a very conservative estimate. Initially Stratis will launch with POW Mining, we will be developing our own Proof-of-stake technology. This is due to the Stratis Full Node framework being based on the architecture of Bitcoin 0.12.

Thanks, just one question concerning POW. If you base it on Bitcoin code and POW in the beginning does it mean that we will have 12.5 coins per 10 min. It's probably explained in the white paper but I haven't found it.

It will be a different algorithm and faster blocktimes then Bitcoin

Thanks for the answer. Final question: How many coins per day will be issued? Is this already defined?

No decision has been finalised on how many coins will be issued per day during the POW stage.

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Krushang (OP)
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June 29, 2016, 06:17:35 AM
 #835

Hi dev , did join the signaure today and sent you private message!
With regards

Thank you for joining the signature campaign.

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caex
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June 29, 2016, 06:27:40 AM
 #836

What unsold tokens? burn?
PGPpfKkx
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June 29, 2016, 06:59:27 AM
 #837

I am missing something. If the tokens are given out during the ICO why would anyone mine this coin? Only for network fees?
Krushang (OP)
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June 29, 2016, 07:13:46 AM
 #838

What unsold tokens? burn?

The share of 84 million coins will be distributed to ICO investors. No tokens will be burned.

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Krushang (OP)
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June 29, 2016, 07:20:24 AM
 #839

I have just finished updating the Signature doc. Thank you to all participants.

Check your status: https://docs.google.com/spreadsheets/d/10AITBpCkRQvmLHga9U36zRMx5LPSoJ--qdxBcSQv_wo

Sign up: http://theviralexchange.com join the social media bounty campaign. Easy tasks to earn
Stratis.

I will be moving forward the last sign up date in regards to the signature campaign to 12th July

Regards

Krushang

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bitcoinuserz
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June 29, 2016, 07:45:11 AM
 #840

Hey, I registered on viral exchange and all i see is viral points instead of stratis coin? How should I set this up?

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