[ANN] æternity blockchain ∞ AE TOKEN ∞ [PoW & PoS | Oracles | Smart Contracts]

[Strongkored]

Qtum has hitted $1000million today. So AE? 

Qtum has been listed on yunbi.com and bter.com

Token only listed in Chiness exchange is nothing special, need International exchange like Bittrex or Poloniex and especially Bter.com is bad exchange after get hacked I always stay away from Bter.com.

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[ICObazaar]

Hello everybody,

Aeternity tokens are now available for purchase on ICObazaar.

You can now buy AE tokens on our platform.
We will be selling Aeternity tokens even after the crowdsale will be over, until we run out of tokens.

You can buy them here:
https://icobazaar.com/aeternity

[QuadraQ]

I don't understand some fundamental issues. 1) Why do you have to create a new wallet to transfer the funds to? 2) Reading the whitepaper I'm concerned about the fact that an account will cost AEternity tokens to keep open - why? This would seem to penalize those who Hodl. It's essentially like negative interest on a bank account or an account fee. 3) If the terms of the smart contract aren't kept on the blockchain like Ethereum then what guarantee is there that the contract will be followed as agreed? They are supposed to keep a copy themselves according to the whitepaper, but I don't understand how that would work in practice.

You don't have to create a new wallet, you need to have private keys.

It is only submitted to the blockchain if its outcome is
disputed, in which case the code is only ever stored as part
of the submitted transaction, never in any other state. If this
happens, the blockchain distributes the tokens according to
the contract and closes the channel.

I still don't understand. "Only submitted to the blockchain if its outcome is disputed" - That seems way too late. If there's a private agreement that the blockchain doesn't have a record of, once it's disputed there's nothing on the blockchain to verify against. So how do you even get the code to check against? If one party says "the code was like this" and the other party says "no the code was like THIS" how is the dispute settled? Also my second question was not answered.

[Renko]

Is it worth to invest in aeternity ICO with the ETH price so high?

[addicto]

Is it worth to invest in aeternity ICO with the ETH price so high?

This is totally new blockchain which is future of new decentralized apps and will new kind of smart contracts. It's new ETH with improved version of smart contract so that it will be worth for invest in it.

[Merovingian]

I don't understand some fundamental issues. 1) Why do you have to create a new wallet to transfer the funds to? 2) Reading the whitepaper I'm concerned about the fact that an account will cost AEternity tokens to keep open - why? This would seem to penalize those who Hodl. It's essentially like negative interest on a bank account or an account fee. 3) If the terms of the smart contract aren't kept on the blockchain like Ethereum then what guarantee is there that the contract will be followed as agreed? They are supposed to keep a copy themselves according to the whitepaper, but I don't understand how that would work in practice.

You don't have to create a new wallet, you need to have private keys.

It is only submitted to the blockchain if its outcome is
disputed, in which case the code is only ever stored as part
of the submitted transaction, never in any other state. If this
happens, the blockchain distributes the tokens according to
the contract and closes the channel.

I still don't understand. "Only submitted to the blockchain if its outcome is disputed" - That seems way too late. If there's a private agreement that the blockchain doesn't have a record of, once it's disputed there's nothing on the blockchain to verify against. So how do you even get the code to check against? If one party says "the code was like this" and the other party says "no the code was like THIS" how is the dispute settled? Also my second question was not answered.

I hope this will help:
https://github.com/zack-bitcoin/testnet/blob/master/docs/how_to_use_channels.md
and this one:
https://github.com/aeternity/wiki/wiki/%C3%A6ternity-Contracts
" The costs of creating and keeping accounts open prevents spam and disincentivises state-bloat. In contrast, the reward for deleting accounts incentivises the reclaiming of space on the Blockchain. These measures will enforce a good use of storage space on the Blockchain, which in turn will yield better usability, and more efficiency. "

[vrathamon]

I have a different understanding on how Aeternity is suppose to work.  My understanding is that the account that costs AEternity tokens to is the "Contract Accounts".  That is, if a retailer wants to buy from a manufacturer they both will deposit AEternity tokens to open a "Contract Account."  The "Contract Account" will have a hash of the contract between the retailer and the manufacturer.  If there is no disagreements, then great.  If there is a disagreement, 1 or both parties can publish the contract to the blockchain; and as long as the contract's hash matches the initial hash, the blockchain will enforce the contract as if it has always existed on the blockchain.

But I agree with you in that it seems like it will cost some fraction of AE tokens to maintain an account on the blockchain.

I don't understand some fundamental issues. 1) Why do you have to create a new wallet to transfer the funds to? 2) Reading the whitepaper I'm concerned about the fact that an account will cost AEternity tokens to keep open - why? This would seem to penalize those who Hodl. It's essentially like negative interest on a bank account or an account fee. 3) If the terms of the smart contract aren't kept on the blockchain like Ethereum then what guarantee is there that the contract will be followed as agreed? They are supposed to keep a copy themselves according to the whitepaper, but I don't understand how that would work in practice.

You don't have to create a new wallet, you need to have private keys.

It is only submitted to the blockchain if its outcome is
disputed, in which case the code is only ever stored as part
of the submitted transaction, never in any other state. If this
happens, the blockchain distributes the tokens according to
the contract and closes the channel.

I still don't understand. "Only submitted to the blockchain if its outcome is disputed" - That seems way too late. If there's a private agreement that the blockchain doesn't have a record of, once it's disputed there's nothing on the blockchain to verify against. So how do you even get the code to check against? If one party says "the code was like this" and the other party says "no the code was like THIS" how is the dispute settled? Also my second question was not answered.

[ujang1]

Strong large capitalization, but I think this does not reduce the chances of earning on it.

[Hastarus]

Damn the contribution slowed so fast, do you think we will reach goal before end of ico ?

[holden.commodore]

believe it or not some newbies speculators are purchasing aeon tokens because of this project, there is another token with this name: https://coinmarketcap.com/currencies/aeon/

[vdramaliev]

I don't understand some fundamental issues. 1) Why do you have to create a new wallet to transfer the funds to? 2) Reading the whitepaper I'm concerned about the fact that an account will cost AEternity tokens to keep open - why? This would seem to penalize those who Hodl. It's essentially like negative interest on a bank account or an account fee. 3) If the terms of the smart contract aren't kept on the blockchain like Ethereum then what guarantee is there that the contract will be followed as agreed? They are supposed to keep a copy themselves according to the whitepaper, but I don't understand how that would work in practice.

Hey,

I have a few answers for you:

1. This is required so the people know their seeds, which will be needed to claim the ERC20 AE token, once created.

2. This is a number that the governance can update. If I was wrong to put this fee, then governance will set it to zero. A fee might be necessary. The accounts tree keeps growing with each additional account. However, since each node only keeps track of the parts of the consensus tree that they care about maybe it won't matter how big the account tree is.

3. <soon>

Regards,
Vlad

[vdramaliev]

I don't understand some fundamental issues. 1) Why do you have to create a new wallet to transfer the funds to? 2) Reading the whitepaper I'm concerned about the fact that an account will cost AEternity tokens to keep open - why? This would seem to penalize those who Hodl. It's essentially like negative interest on a bank account or an account fee. 3) If the terms of the smart contract aren't kept on the blockchain like Ethereum then what guarantee is there that the contract will be followed as agreed? They are supposed to keep a copy themselves according to the whitepaper, but I don't understand how that would work in practice.

You don't have to create a new wallet, you need to have private keys.

It is only submitted to the blockchain if its outcome is
disputed, in which case the code is only ever stored as part
of the submitted transaction, never in any other state. If this
happens, the blockchain distributes the tokens according to
the contract and closes the channel.

I still don't understand. "Only submitted to the blockchain if its outcome is disputed" - That seems way too late. If there's a private agreement that the blockchain doesn't have a record of, once it's disputed there's nothing on the blockchain to verify against. So how do you even get the code to check against? If one party says "the code was like this" and the other party says "no the code was like THIS" how is the dispute settled? Also my second question was not answered.

Hello,

The blockchain has information about the sate before the parties opened a state channel and started interacting. So if there is a dispute - the relations between the parties can revert to the original state - before any transfers were made.

Regards,
Vlad

[miramare]

The TOTAL PHASE 2 CONTRIBUTIONS stop at <11mil CHF, which is just over the half of the cap.
It looks that aeternity is not so interesting for most people.
As the just finished ICO of BAT, it is over within 5 minutes to get 36mil dollars.

Any plan?

[vdramaliev]

Hello everybody,

Aeternity tokens are now available for purchase on ICObazaar.

You can now buy AE tokens on our platform.
We will be selling Aeternity tokens even after the crowdsale will be over, until we run out of tokens.

You can buy them here:
https://icobazaar.com/aeternity

We do not endorse this.

You can get AE tokens only from wallet.aeternity.com.

Regards,
Vlad

[amintek15]

Hello everybody,

Aeternity tokens are now available for purchase on ICObazaar.

You can now buy AE tokens on our platform.
We will be selling Aeternity tokens even after the crowdsale will be over, until we run out of tokens.

You can buy them here:
https://icobazaar.com/aeternity

We do not endorse this.

You can get AE tokens only from wallet.aeternity.com.

Regards,
Vlad

they sell it for 650 AE = 1ETH   instead of 750 and you are not even sure to get your tokens.. don't even click on this link

[jtalk]

Total raised amount so far is huge because it is in millions already. I am not expert but it seems this time all tokens will not get sold in my opinion as well. People have poured about $ 40 millions already which can be used to develop whatever and how some one wants to build or develop. I have small number of tokens as well because project is real.

[Freaks]

Damn the contribution slowed so fast, do you think we will reach goal before end of ico ?

It seems after bonus phase it moving forward very slow but I hope they will reach the hard cap easily still more than 2 weeks left to join this revolution. This project will be huge thing of the year 2018

[sanas]

Damn the contribution slowed so fast, do you think we will reach goal before end of ico ?

It seems after bonus phase it moving forward very slow but I hope they will reach the hard cap easily still more than 2 weeks left to join this revolution. This project will be huge thing of the year 2018

It does not matter how many sales will go or how much will be collected. It is important to mine that the number of sales participants. This indicates the distribution of the network.

[bricket]

My English is bad, but i'll try to explain. I generated wallet on your site yesterday and I wrote down the seed. When I entered my mnemonic phrase today first time - I immediately came to the contribution page in your site., but account adress was not mine (i dont know why) - It was not 0x5a1d011610b5582a1f51b0afdfb8c94204c96aa1 (wich was showed me when I generated new wallet on you site) - it was 0x00dD6af47AcCAeBc0f70535c306960e1a7a4bBE6 - and i send ETH there. When I entered the mnemonic phrases first time I came to the contribution page immediately (with second account address 0x00dD....bBE6 ). Then I send ETH there. And then I need to enter mnemonic phrases again. I enter it. And then I see "Your single HD mnemonic phrase can access a number of wallets / addresses. Please select the address you would like to interact with at this time.” - and there is no account address that was shown to me in your contribution page. But there is the first adress that was generated at first time (0x5a...96aa1) - I can open it, but there is no my ETH there - it is on another adress (0x00d....bBE6) On myEtherWallet i see the same picture. I can't get access to the wallet that was shown to me on your site in "account adress" when I entered mnemonic phrases firstly. Why it was another adress there? Is it a mistake? And how we can fix it? Please help! Thank u very much for the answer.

Hey,

No need to stress. This is browser cache issue.

Try to complete your contribution through MyEtherWallet.

Go to wallet.aeternity.com and follow the contribution process: 1. Select ETH, 2. Use “own wallet”, 3. Accept terms, 4. Copy the ETH address displayed. Then go to MyEtherWallet and use your 12 word seed to open your wallet and initiate a transaction to the ETH address displayed there.

Regards,
Vlad

Vlad, you are right, i'm I'm stressed out a lot! Please - read carefully what I wrote to you. I enter the seed on MyEyherWalett and there is no address that was shown to me on your site in contribution page, and where i send 2.5 ETH. For me it's a lot of money! It is a big bug of your site!

Hey,

If you are certain that the first address was generated by the 12 word phrase you wrote down, then that address is in there. It is all about the derivation path and here there are two options. It is either:

m/44'/0'/0'/0/0 (Live version)

OR

m/44'/0'/0'/0/0' (Cached version)

The difference is very small, but produces totally different addresses.

Please try to find the address that you sent your ETH to by testing both derivation paths. Try doing that in MEW.

Tell me what happens.

Regards,
Vlad

I'm absolutely sure that the first address was generated by the 12 word phrase I wrote down. I've just tried to set both of this path in the "custom path". I tried to do it on your site and on MyEtherWallet too. Everywhere i skipped about ten pages of "more addresses". And there is no mine. May be any other path? For example in the beginning I see custom path like m/44'/60'/1'/0. Address 0x5a...96aa1 (wich was shown me when I generated new wallet on you site - in the generating page but not in the contribution page) is generating by m/44'/60'/0'/0 (Jaxx, Metamask etc). Can the path depend on VPN maybe? Cuz I have Browsec app for GoogleChrome. I don't know. When I got on the contribution page at first time, that was no need to enter the path at all! I came to contribution page immediately after I unlocked wallet with the seed. I can even tell u that seed personally, just find my money!

Vlad! Will be there any support? Help please!

[amintek15]

I also can't see my phase 1 contribution on https://wallet.aeternity.com/
but I see my contract from phase 1 on Etherscan
I remember you got similar problems on phase 1 I hope it will show it correctly soon