[ANN] ICONOMI - Fund Management Platform

[wannarahaa]

So we will get our tokens tomorrow, no more delay right? I wish you good luck

[Daparski]

What happend if eth blockchain do not return to optimal funcional.

its restored already for a full day
get the latest release

Why in your opinion only ETH have such attacks?
For me looks like poor design.
PS: Fix with fork rising fees 20x will kill some business.
My 1st ETH project and only problems on the way.

Are you telling me there's a coin out there that has NOT been attacked?   

sure. Pizza coin. Also bikercoin, if I am not wrong
 

[olejegcord]

Ethereum updated purse, namely Geth version 1.4.17 "PoolAid". That should help with the problem of DoS attacks, based on the fact that each user will have a limit of transactions.
Link to update:  https://github.com/ethereum/mist/releases/tag/v0.8.5   

[XbladeX]

...
Are you telling me there's a coin out there that has NOT been attacked?   

Lets take take 1st i well known from top 10 market cap.
NEM - it was not attacked or even when someones tried noone have felt that have to report it.
NXT ?  - i don't remember any real attack drama so far
Blackcoin - some time atack but solved in hour
BTC,LTC some miners played with DDOS to mine more and shut down others but network was running without problem.

I don't remember coin that have some issues by weeks not fixed.
If there were such, those not exit now.

[Daparski]

ETH network is quite stable now:

Hi, here's Ethereum Wallet + Mist Beta update. It bundles the Geth version 1.4.17 "PoolAid". Our colleagues at the Go-ethereum worked hard to give us this version.

This update is highly recommended and fixes most of "stuck syncing…", or "high memory usage".

From Geth repository:

Geth 1.4.17 is a hotfix release to address two DoS attack vectors abused on the mainnet:
This release limits the number of transactions per-user and globally so as to limit maximum memory consumption and egress network traffic.

They have also made the gas limit to avoid mass attack to the network.

So ICONOMI staff must know this situation, and they also know the gas limit will remain for months.

Their blog post about the delay is no sense, they have choose ETH network but they did not read the mist update for days.(or not??)

Here is full of puppets and lambo boys, well i'm a real investor and i don't like this fake post about the delay, is unprofessional and remember you are talk also with people that knows crypto very well, so please don't use fake information.

The ETH network situation will remain like this for months, they have to fork again, do you know that ICONOMI team or you will post delay over delay blog post for months?

Here is full of puppets and lambo boys, well i'm a real investor

Big dogs don't bark (they don't need to)..
Just in case the big investor needs clarification: Big investors don't write that about themselves, it is written by others

[Jengo]

ETH network is quite stable now:

Hi, here's Ethereum Wallet + Mist Beta update. It bundles the Geth version 1.4.17 "PoolAid". Our colleagues at the Go-ethereum worked hard to give us this version.

This update is highly recommended and fixes most of "stuck syncing…", or "high memory usage".

From Geth repository:

Geth 1.4.17 is a hotfix release to address two DoS attack vectors abused on the mainnet:
This release limits the number of transactions per-user and globally so as to limit maximum memory consumption and egress network traffic.

They have also made the gas limit to avoid mass attack to the network.

So ICONOMI staff must know this situation, and they also know the gas limit will remain for months.

Their blog post about the delay is no sense, they have choose ETH network but they did not read the mist update for days.(or not??)

Here is full of puppets and lambo boys, well i'm a real investor and i don't like this fake post about the delay, is unprofessional and remember you are talk also with people that knows crypto very well, so please don't use fake information.

The ETH network situation will remain like this for months, they have to fork again, do you know that ICONOMI team or you will post delay over delay blog post for months?

Here is full of puppets and lambo boys, well i'm a real investor

Big dogs don't bark (they don't need to)..
Just in case the big investor needs clarification: Big investors don't write that about themselves, it is written by others

I'm tha BIGGEST investor here!

[Daparski]

Hi @Iconomi team

few questions regarding platform security:

1. Did you have external expert/company auditing the platform from security point of view? Have any penetration tests been made?

2. Who is the company CSO?

3. Will ICN tokens be held in an offline storage, just like the funds? That is for people who choose to keep their tokens on the platform. Will it be multisig as well?

4. Do you plan on any type of funds insurance?

I think clarifying the above questions will make non technical and non crypto investors much more confidant. It will also help attract new investors

thanks a lot, you are doing AMAZING job. Keep up with setting new standards for all other projects outthere

PS' and may all bounty crybabies won't break your spirit

Still waiting for answers to these great questions ...

Hi guys! Very good questions in deed.

1. Fund management platform will come in 2017... Auditing the platform before the public launch is planned. We will communicate details, once there...

2. Our infrastructure lead Domen Skalar is acting CSO.

3. We will apply both. Everything we do is multisig and we will hold majority of ICN tokens left on the platform in the offline storage.

4. We are strongly evaluating this possibility. With every insurance company we talked so far, we got stuck at "blockchain, crypto, whaaaat?" ... 


Jaka Mele
ICONOMI

Jaka, thanks for respond.

1. Fund management platform will come in 2017... Auditing the platform before the public launch is planned. We will communicate details, once there...

What about Performance fund? It is schedule to go live this year and it is quite healthy already. Will it be audited as well? Please elaborate on that a bit more, if you can.

3. We will apply both. Everything we do is multisig and we will hold majority of ICN tokens left on the platform in the offline storage.

Joining ttookk question: This probably means that withdrawing ICN from the platform will be a semi-automatic process, right? So, it would take a while, let's say 1-2 days?
and would like to add: Will it be possible to withdraw part of the tokens from the platform, or just the entire bulk?

another security-related question: Are you keeping hashed values of credentials on the server or you have implemented client-side solution, such as Firebase?

[Thefrolly]

is it normal that geth uses so much ram?like it is using 6gb atm

[Stormspirit]

So we will get our tokens tomorrow, no more delay right? I wish you good luck

i doubt cos eth network is still messed up..

[becauseI]

So we will get our tokens tomorrow, no more delay right? I wish you good luck

i doubt cos eth network is still messed up..

ETH Network will be for the next weeks doubt... I dont see any Problem. Gas Limit is 1.5

[Stormspirit]

So we will get our tokens tomorrow, no more delay right? I wish you good luck

i doubt cos eth network is still messed up..

ETH Network will be for the next weeks doubt... I dont see any Problem. Gas Limit is 1.5

u see ha? well ok than

[Naoko]

Anyone here knows what time should we expect the icn to be launched?

[Mallampue]

Anyone here knows what time should we expect the icn to be launched?

No one know about it. May be the eth network is problem because ddos attack. we hope tomorrow is working and ready to launching.
Keep patience.

[Daisy14]

Don't know the exact date ICN will be launched but I expect to see some action by next week.

[gfwdown]

The exact time of tomorrow's launch? 

[Daparski]

The exact time of tomorrow's launch? 

Wait for further announcements and updates from the team

[Pap0u]

Why can't the tokens be released before any exchanges? I'm surprised no exchange has even talked about adding ICONOMI yet...weird.

[BitBanksy]

The exact time of tomorrow's launch? 

No need to ask over & over the same question again. Whatch the blog and you will know like everyone else.

Beside, don't expect to buy & sell ICN straight after release. It took over 6 months for Augur's token to be listed on Polo & Kraken. Not trying to FUD but I'm being realistic... A listing doesn't happen overnight. It may take some time (days even weeks) before a token is officially recognised & listed.

[losoya]

The exact time of tomorrow's launch? 

Wait for further announcements and updates from the team

hmm seems people can not wait to sell ICN

[kalpit]

ETH network is quite stable now:

Hi, here's Ethereum Wallet + Mist Beta update. It bundles the Geth version 1.4.17 "PoolAid". Our colleagues at the Go-ethereum worked hard to give us this version.

This update is highly recommended and fixes most of "stuck syncing…", or "high memory usage".

From Geth repository:

Geth 1.4.17 is a hotfix release to address two DoS attack vectors abused on the mainnet:
This release limits the number of transactions per-user and globally so as to limit maximum memory consumption and egress network traffic.

They have also made the gas limit to avoid mass attack to the network.

So ICONOMI staff must know this situation, and they also know the gas limit will remain for months.

Their blog post about the delay is no sense, they have choose ETH network but they did not read the mist update for days.(or not??)

Here is full of puppets and lambo boys, well i'm a real investor and i don't like this fake post about the delay, is unprofessional and remember you are talk also with people that knows crypto very well, so please don't use fake information.

The ETH network situation will remain like this for months, they have to fork again, do you know that ICONOMI team or you will post delay over delay blog post for months?

What exactly on ethstats page shows that the eth is stable now?
I didn't observe changes on that page that shows the stability of network.
What according to you would be effect on ICN if it's released  when ddos attacks are running?

The exact time of tomorrow's launch?  

I don't think it will be released tomorrow.

Here's what Jaka said on Telegram,
Jaka Mele:
We would love to see gas limit increase, but since ethereum network will probably take more than a few days to return to "normal", we are working on alternative solution... more on that soon.