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madawc
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October 17, 2016, 05:02:00 PM |
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Will be ETH wallet synchronisation after fork faster than now?
This process is just painfully slow even with geth --fast --cache=2048 --jitvm
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Daparski
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October 17, 2016, 05:09:04 PM |
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IMHO,. Iconomi deserves its own blockcain. Why couldn't a separate blockchain interact with an ethereum smart contract? Then expand the platform's limits with DApp development. And give investors the option to choose how individual dividends are paid whether it be Lisk or Eth. Why put 3500 *+ investor's trust and value at risk (especially fiat investors) because Iconomi's success is currently dependent on Ethereum. Stratis released its own blockchain built to create private blockchains for a fraction of Iconomi's ICO investments. If others understand where I'm getting at... I think its fair to vote on a better solution such as an independent blockchain. And do this by treating every account as a delegate. Personally I would rather wait until Iconomi has the best opportunity to go public then go out on a limb with Ethers current status on work load stability. I bet we would have easily seen 21000 BTC if the DAO hack never happened...
PS: I really like the idea behind Iconomi but I'd rather get dividends in lisk.
Ethereum: - consistent $4MM+ daily trade volume can easily absorb $10k to $100k+ worth of dividends going out every week - most nodes out of any crypto (7000+) means very decentralized network - cost of sending out 6000 dividend transactions every week on ethereum: 2.5 minutes and 13.5 ETH ($160) on bitcoin: 30 minutes and 1.5 BTC ($960) - 2nd highest hashrate of any crypto (6 TH/s) means very hard to alter a transaction once it has been written to blockchain As you can see, Ethereum is currently the only blockchain where it is feasible to launch a huge, dividend-paying project on. Ethereum is the only blockchain with a history of supporting tokens on its' chain with $100+ million market cap. Better to pay ethereum miners fees to use their network, than it would be to pay several developers to maintain a new ICN chain, which would be more centralized and less secure than ethereum. Now Iconomi can focus on fund management and building fund management platform, instead of wasting time and money trying to maintain and grow a blockchain. How did you get to 6,000 dividends when there are 3508 ICO participants? Also not sure how you got the TX fees numbers |
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marilyngroom
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October 17, 2016, 05:21:34 PM |
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I can prove Liqui is scam. They haven't even posted members names of the team behind it. Just a picture of 4 team members, which too appears photoshoped. When I asked on Telegram the names of team members, they said- Liqui Exchange: yes of course, when we will ready to white label - we will update all info Me: Can you please at least give name of team members? Liqui Exchange: Yes we can, our team is well known is Ukraine/Russia - dont worry http://whois.easycounter.com/btc-e.nethttp://whois.easycounter.com/btc-e.netMe: Names? Liqui Exchange: Once again, when we decide to publish this - we will do this. Me: But why are you hiding this.? Liqui Exchange: It is our founders solution at that moment, Im support guy - cant provide you with this infotmation unfortunatelly Now you only decide. I haven't seen a legit website which is not ready to disclose the names of team members. If you don't trust me, try asking these questions to them in Telegram or I can give you screenshots as proof too. Oh, lol. You are funny man. "I haven't seen a legit website which is not ready to disclose the names of team members" - what about btc-e?  Yeah, you are correct. But I can see at least see little information about them at http://whois.easycounter.com/btc-e.netFor liqui, there is negligible information- http://domainbigdata.com/liqui.ioOkay, leave btc-e , talk about yourself. You are uploading false pics of team members. You claim that your team is well known in Ukraine, Russia. If you don't want to disclose the team members, why are you claiming to be trusted. If Anyone here is from Russia,/Ukraine please let us know what you know about the team. Please check this pic and help us identify them.  I'm sure, if your team is well known it would be identified by some people.  That picture does not strike confidence. |
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rapazev
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October 17, 2016, 05:37:49 PM |
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Ethereum:
- consistent $4MM+ daily trade volume can easily absorb $10k to $100k+ worth of dividends going out every week
- most nodes out of any crypto (7000+) means very decentralized network
- cost of sending out 6000 dividend transactions every week
on ethereum: 2.5 minutes and 13.5 ETH ($160)
on bitcoin: 30 minutes and 1.5 BTC ($960)
- 2nd highest hashrate of any crypto (6 TH/s) means very hard to alter a transaction once it has been written to blockchain
As you can see, Ethereum is currently the only blockchain where it is feasible to launch a huge, dividend-paying project on. Ethereum is the only blockchain with a history of supporting tokens on its' chain with $100+ million market cap.
Better to pay ethereum miners fees to use their network, than it would be to pay several developers to maintain a new ICN chain, which would be more centralized and less secure than ethereum.
Now Iconomi can focus on fund management and building fund management platform, instead of wasting time and money trying to maintain and grow a blockchain.
maybe now... but give it a year and you will see where eth goes. specially after a few more forks. |
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ShooterXD
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October 17, 2016, 05:40:47 PM |
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Ethereum:
- consistent $4MM+ daily trade volume can easily absorb $10k to $100k+ worth of dividends going out every week
- most nodes out of any crypto (7000+) means very decentralized network
- cost of sending out 6000 dividend transactions every week
on ethereum: 2.5 minutes and 13.5 ETH ($160)
on bitcoin: 30 minutes and 1.5 BTC ($960)
- 2nd highest hashrate of any crypto (6 TH/s) means very hard to alter a transaction once it has been written to blockchain
As you can see, Ethereum is currently the only blockchain where it is feasible to launch a huge, dividend-paying project on. Ethereum is the only blockchain with a history of supporting tokens on its' chain with $100+ million market cap.
Better to pay ethereum miners fees to use their network, than it would be to pay several developers to maintain a new ICN chain, which would be more centralized and less secure than ethereum.
Now Iconomi can focus on fund management and building fund management platform, instead of wasting time and money trying to maintain and grow a blockchain.
maybe now... but give it a year and you will see where eth goes. specially after a few more forks. If ETH come to die, ICONOMI just can change to other blockchain! ICN will be safe! |
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martinholly167
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October 17, 2016, 05:48:37 PM |
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Tomorrow it starts. Iconomy GO GO GO ... !!!!!!!
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OmegaStarScream
Staff
Legendary
 Offline
Activity: 3486
Merit: 6142
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October 17, 2016, 05:56:12 PM |
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Tomorrow it starts. Iconomy GO GO GO ... !!!!!!!
I thought It got delayed to 18th and then to 25th October ? I know that Ethereum hardfork should happen either today or tomorow but ICNs should issued should be in 8 days from now. At least , this is what I've been told when I asked a few days ago and could someone please tell me If we should re-download the blockchain (the whole thing) after the fork or not ? I got one answer last time but I want a few confirmations. |
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shutyourmouth
Newbie
Offline
Activity: 34
Merit: 0
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October 17, 2016, 06:01:11 PM |
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After tomorrow. Just another 7 days swimming in popcorn...
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Muro
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October 17, 2016, 06:13:15 PM |
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I can prove Liqui is scam. They haven't even posted members names of the team behind it. Just a picture of 4 team members, which too appears photoshoped. When I asked on Telegram the names of team members, they said- Liqui Exchange: yes of course, when we will ready to white label - we will update all info Me: Can you please at least give name of team members? Liqui Exchange: Yes we can, our team is well known is Ukraine/Russia - dont worry http://whois.easycounter.com/btc-e.nethttp://whois.easycounter.com/btc-e.netMe: Names? Liqui Exchange: Once again, when we decide to publish this - we will do this. Me: But why are you hiding this.? Liqui Exchange: It is our founders solution at that moment, Im support guy - cant provide you with this infotmation unfortunatelly Now you only decide. I haven't seen a legit website which is not ready to disclose the names of team members. If you don't trust me, try asking these questions to them in Telegram or I can give you screenshots as proof too. Oh, lol. You are funny man. "I haven't seen a legit website which is not ready to disclose the names of team members" - what about btc-e? Yeah, you are correct. But I can see at least see little information about them at http://whois.easycounter.com/btc-e.netFor liqui, there is negligible information- http://domainbigdata.com/liqui.ioOkay, leave btc-e , talk about yourself. You are uploading false pics of team members. You claim that your team is well known in Ukraine, Russia. If you don't want to disclose the team members, why are you claiming to be trusted. If Anyone here is from Russia,/Ukraine please let us know what you know about the team. Please check this pic and help us identify them. I'm sure, if your team is well known it would be identified by some people. Liqui Animo equipment and case comments or brats. |
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MrPresident
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October 17, 2016, 06:32:27 PM |
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Tomorrow it starts. Iconomy GO GO GO ... !!!!!!!
   fingers crossed! |
Develop Custom Decentralized Blockchain Applications in JavaScript with LISK!
Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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TrueAnon
Legendary
Offline
Activity: 1120
Merit: 1000
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October 17, 2016, 06:35:56 PM |
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WHICH EXCHANGES AND WHEN? ??!!!!!!!
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MrPresident
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October 17, 2016, 06:38:15 PM |
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WHICH EXCHANGES AND WHEN???!!!!!!! Several major exchanges after the test contract, after the double hardfork, as stated about 50x. Any sooner would be totally irresponsible. If you are in a rush, I'll buy your tokens for .0002btc each.... what ya got? |
Develop Custom Decentralized Blockchain Applications in JavaScript with LISK!
Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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jstern
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October 17, 2016, 06:41:03 PM |
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Tomorrow it starts. Iconomy GO GO GO ... !!!!!!!
Alright, tomorrow. Lets go, let go. |
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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October 17, 2016, 07:04:53 PM |
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arransiv
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October 17, 2016, 07:06:46 PM |
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What a start...
Hope this project don't fall in disgrace or something like that...
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MoveCrypto
Sr. Member
Offline
Activity: 364
Merit: 250
move that crypto
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October 17, 2016, 07:14:29 PM |
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IMHO,. Iconomi deserves its own blockcain. Why couldn't a separate blockchain interact with an ethereum smart contract? Then expand the platform's limits with DApp development. And give investors the option to choose how individual dividends are paid whether it be Lisk or Eth. Why put 3500 *+ investor's trust and value at risk (especially fiat investors) because Iconomi's success is currently dependent on Ethereum. Stratis released its own blockchain built to create private blockchains for a fraction of Iconomi's ICO investments. If others understand where I'm getting at... I think its fair to vote on a better solution such as an independent blockchain. And do this by treating every account as a delegate. Personally I would rather wait until Iconomi has the best opportunity to go public then go out on a limb with Ethers current status on work load stability. I bet we would have easily seen 21000 BTC if the DAO hack never happened...
PS: I really like the idea behind Iconomi but I'd rather get dividends in lisk.
Ethereum: - consistent $4MM+ daily trade volume can easily absorb $10k to $100k+ worth of dividends going out every week - most nodes out of any crypto (7000+) means very decentralized network - cost of sending out 6000 dividend transactions every week on ethereum: 25 minutes and 13.5 ETH ($160) on bitcoin: 30 minutes and 1.5 BTC ($960) - 2nd highest hashrate of any crypto (6 TH/s) means very hard to alter a transaction once it has been written to blockchain As you can see, Ethereum is currently the only blockchain where it is feasible to launch a huge, dividend-paying project on. Ethereum is the only blockchain with a history of supporting tokens on its' chain with $100+ million market cap. Better to pay ethereum miners fees to use their network, than it would be to pay several developers to maintain a new ICN chain, which would be more centralized and less secure than ethereum. Now Iconomi can focus on fund management and building fund management platform, instead of wasting time and money trying to maintain and grow a blockchain. How did you get to 6,000 dividends when there are 3508 ICO participants? Also not sure how you got the TX fees numbers **it should have been 25 minutes for ethereum in original post, not 2.5 minutes 6000 transactions is an estimate of the maximum it could be at some point if Iconomi grows and there are a lot of people holding ICN off exchanges. In reality it would probably be closer to 1/6 to 1/3 of that (6000 transactions)×(75000 gas/transaction) = 450MM gas to send dividends each week Assuming gas limit of each block is 4.5MM on a healthy network, that would be 100 full blocks, or 25 minutes Assuming gas cost would be 28 gwei/gas, that would cost 12.6 ETH ($150) each week We have 3.5k investors + 3k bounty hounters. A bit of overlapping. All together 6k accounts with non zero balance.
Not all did input their eth address. Many (especially account with smaller amounts) are going to leave their ICNs on our platform. That is the reason 15mins should be enough.
Gas usage. ~100k per address. If we do if now that's close to 100m gas. Half of it goes to "if balance already assigned checking" - but is worth it. This needs 100% accuracy. 99.999% one if not enough.
On bitcoin, it would take about 2.5 blocks full of transactions to send out 6000 transactions https://blockchain.info/Each full block usually contains about 0.5 BTC in fees So it would take about 1.25 BTC ($800) and 30 minutes to send out 6000 dividend transactions each week on bitcoin (probably even more expensive if you wanted to outbid everyone on 2.5 blocks in a row) Other chains are not even considered due to lack of hashpower security, lack of decentralization, and lack of market cap/trade volume to support such a huge dividend-paying project |
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aisyah88
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October 17, 2016, 07:29:39 PM |
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IMHO,. Iconomi deserves its own blockcain. Why couldn't a separate blockchain interact with an ethereum smart contract? Then expand the platform's limits with DApp development. And give investors the option to choose how individual dividends are paid whether it be Lisk or Eth. Why put 3500 *+ investor's trust and value at risk (especially fiat investors) because Iconomi's success is currently dependent on Ethereum. Stratis released its own blockchain built to create private blockchains for a fraction of Iconomi's ICO investments. If others understand where I'm getting at... I think its fair to vote on a better solution such as an independent blockchain. And do this by treating every account as a delegate. Personally I would rather wait until Iconomi has the best opportunity to go public then go out on a limb with Ethers current status on work load stability. I bet we would have easily seen 21000 BTC if the DAO hack never happened...
PS: I really like the idea behind Iconomi but I'd rather get dividends in lisk.
Ethereum: - consistent $4MM+ daily trade volume can easily absorb $10k to $100k+ worth of dividends going out every week - most nodes out of any crypto (7000+) means very decentralized network - cost of sending out 6000 dividend transactions every week on ethereum: 25 minutes and 13.5 ETH ($160) on bitcoin: 30 minutes and 1.5 BTC ($960) - 2nd highest hashrate of any crypto (6 TH/s) means very hard to alter a transaction once it has been written to blockchain As you can see, Ethereum is currently the only blockchain where it is feasible to launch a huge, dividend-paying project on. Ethereum is the only blockchain with a history of supporting tokens on its' chain with $100+ million market cap. Better to pay ethereum miners fees to use their network, than it would be to pay several developers to maintain a new ICN chain, which would be more centralized and less secure than ethereum. Now Iconomi can focus on fund management and building fund management platform, instead of wasting time and money trying to maintain and grow a blockchain. How did you get to 6,000 dividends when there are 3508 ICO participants? Also not sure how you got the TX fees numbers **it should have been 25 minutes for ethereum in original post, not 2.5 minutes 6000 transactions is an estimate of the maximum it could be at some point if Iconomi grows and there are a lot of people holding ICN off exchanges. In reality it would probably be closer to 1/6 to 1/3 of that (6000 transactions)×(75000 gas/transaction) = 450MM gas to send dividends each week Assuming gas limit of each block is 4.5MM on a healthy network, that would be 100 full blocks, or 25 minutes Assuming gas cost would be 28 gwei/gas, that would cost 12.6 ETH ($150) each week We have 3.5k investors + 3k bounty hounters. A bit of overlapping. All together 6k accounts with non zero balance.
Not all did input their eth address. Many (especially account with smaller amounts) are going to leave their ICNs on our platform. That is the reason 15mins should be enough.
Gas usage. ~100k per address. If we do if now that's close to 100m gas. Half of it goes to "if balance already assigned checking" - but is worth it. This needs 100% accuracy. 99.999% one if not enough.
On bitcoin, it would take about 2.5 blocks full of transactions to send out 6000 transactions https://blockchain.info/Each full block usually contains about 0.5 BTC in fees So it would take about 1.25 BTC ($800) and 30 minutes to send out 6000 dividend transactions each week on bitcoin (probably even more expensive if you wanted to outbid everyone on 2.5 blocks in a row) Other chains are not even considered due to lack of hashpower security, lack of decentralization, and lack of market cap/trade volume to support such a huge dividend-paying project I wanted to ask if ICONOMI already found its block, and the date 25th is already fixed for the launch and have entered the market ?? |
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