RadixDLT (formerly eMunie) Discussion

[testerx]

Seems like it's been a very long time coming but I noticed that the eMunie team is demonstrating a working version of their platform finally and that it's been renamed to RadixDLT.  Apparently they will be at CoinFestUK today, unfortunately there's no way I can make it across the pond to go see what the deal is but I think it'd be good to have a discussion thread here, the eMunie forums seem to be fairly empty these days but if they finally have a working platform I'm rather curious to see how it all works now.

Anybody in the Manchester area going to check out Coinfest and able to report back about this?  Fuserleer seems to be doing a talk there today.

[okiefromokc]

As Fuserleer said, it went very well. A video was taken and will be shared after editing is completed.

okie

[okiefromokc]

This was posted on Twitter by Fuserleer...

https://twitter.com/radixdlt/status/850648071855845376

[Attack.of.the.Clones]

Radix could be a bitcoin killer, although name sounds like SOAP POWDER

[zanzibar]

It's better than eMunie    Does Dan plan to hold an official Radix ICO? Man this shit has been a long time in the making.

[cryptonikus]

It's better than eMunie    Does Dan plan to hold an official Radix ICO? Man this shit has been a long time in the making.

+1 HOW CAN I GET MY FILTHY HANDS ON THIS?

[okiefromokc]

Yes, there will be an official Radix ICO, at the appropriate time.

[ciappa]

Yes, there will be an official Radix ICO, at the appropriate time.

Sorry for asking again, but i am waiting a very long time for an Emunie/Radix ICO, and i have panic to miss it....
Where can i be informed about?

[ciappa]

Yes, there will be an official Radix ICO, at the appropriate time.

Sorry for asking again, but i am waiting a very long time for an Emunie/Radix ICO, and i have panic to miss it....
Where can i be informed about?

June 2017...   God willing!   

Official website, forum, and twitter.

Bitcointalk forum? Facebook?

[MsCollec]

What's going to happen to those that contributed BTC, LTC & FIAT in 2013 ICO 

[ciappa]

What's going to happen to those that contributed BTC, LTC & FIAT in 2013 ICO 

There will be a bonus schedule for the three early funding rounds.  Think as high as 300%, 200%, etc. 

There was an ICO in 2013 already? 
Do you know how the ICO will run exactly?

[cryptohunter]

I'd heard there was some previous donations. I never heard there was an ICO before.

[ciappa]

What's going to happen to those that contributed BTC, LTC & FIAT in 2013 ICO 

There will be a bonus schedule for the three early funding rounds.  Think as high as 300%, 200%, etc. 

There was an ICO in 2013 already? 
Do you know how the ICO will run exactly?

No ICO details yet.  We're all waiting patiently for the announcement!   

I'm waitig for some years now... i firmly believe in eMunie/Radix 

[Viper1]

Been waiting to see what happens with RadixDLT as it's "new design" could be interesting.  I had read a discussion between Fuserleer and someone else about a potential design flaw (attack vector) but they never resolved their discussion. I hope they've actually addressed it so I'm looking forward to reading the white paper and seeing some solid peer reviews done on it.

[testerx]

It's better than eMunie    Does Dan plan to hold an official Radix ICO? Man this shit has been a long time in the making.

I think there is an ICO coming but they seem to be talking a lot about how you can just buy it on the main net anyways since their supply and demand system will sell you tokens at a reasonable price if there's demand.  Which is nice I guess except it will limit the possibilities for appreciation if they're really aggressive about it.  I remember years ago they were going to limit how much the algorithm could adjust supply but not sure how it's going to be now.

[Spoetnik]

Yeah the dev guy seems like a nice guy.. not sure on his project details though.
The old name made me think of eMule and this new one makes me think of some kind of cutting edge tech with a Radish.

..just wanted to point that out.  



PS:

Don't be ICO'ing around Fussy !! 

[radicalThinking1]

Spoetnik you social delinquent, fuck off from anything emunie/radix related.

[okiefromokc]

It's better than eMunie    Does Dan plan to hold an official Radix ICO? Man this shit has been a long time in the making.

I think there is an ICO coming but they seem to be talking a lot about how you can just buy it on the main net anyways since their supply and demand system will sell you tokens at a reasonable price if there's demand.  Which is nice I guess except it will limit the possibilities for appreciation if they're really aggressive about it.  I remember years ago they were going to limit how much the algorithm could adjust supply but not sure how it's going to be now.

Yes June 2017 is the target month for the ICO, an [ANN] post will be made by Fuserleer.

The appreciation will be limited by the elastic demand/supply, thus the price stability is a main feature.  No pumps/dumps of the Radix token within the client nodes will occur, as one of the features of the Radix network is price stability.  Fuserleer ran his economic model against the entire bitcoin blockchain transactions up to Jan. 15, 2015, with a price pegged at $0.10 and as I remember, the highest fluctuation was about ~+/- 6%.  This was posted by Fuserleer in one of the eMunie threads here of this forum. 

Bottom line is it is possible to have a stable cryptocurrency using the Radix model, and with the direct Debit card, point of sale functionality these imho are the two features that will drive Mass market adoption by the general public.

okie

[ciappa]

Been waiting to see what happens with RadixDLT as it's "new design" could be interesting.  I had read a discussion between Fuserleer and someone else about a potential design flaw (attack vector) but they never resolved their discussion. I hope they've actually addressed it so I'm looking forward to reading the white paper and seeing some solid peer reviews done on it.

Keep cool, i have a very big trust in fuserleer and his skills... I would be worried much more at the many other ICO's..  

[titan20]

It's better than eMunie    Does Dan plan to hold an official Radix ICO? Man this shit has been a long time in the making.

I think there is an ICO coming but they seem to be talking a lot about how you can just buy it on the main net anyways since their supply and demand system will sell you tokens at a reasonable price if there's demand.  Which is nice I guess except it will limit the possibilities for appreciation if they're really aggressive about it.  I remember years ago they were going to limit how much the algorithm could adjust supply but not sure how it's going to be now.

Yes June 2017 is the target month for the ICO, an [ANN] post will be made by Fuserleer.

The appreciation will be limited by the elastic demand/supply, thus the price stability is a main feature.  No pumps/dumps of the Radix token within the client nodes will occur, as one of the features of the Radix network is price stability.  Fuserleer ran his economic model against the entire bitcoin blockchain transactions up to Jan. 15, 2015, with a price pegged at $0.10 and as I remember, the highest fluctuation was about ~+/- 6%.  This was posted by Fuserleer in one of the eMunie threads here of this forum. 

Bottom line is it is possible to have a stable cryptocurrency using the Radix model, and with the direct Debit card, point of sale functionality these imho are the two features that will drive Mass market adoption by the general public.

okie

I don't know how this price stability feature works, but my first thoughts are the exact opposite of yours. I think this is a fatal design error. Having a price stability feature, i suppose, makes the radixtokens stable against a fiat currency like the euro.

So in this way radixtokens mimick the price volatility of a fiat currency. Which is in my opinion contrary to the spirit of cryptocurrencies.

Radixtokens will not be used as a unit of account. So it is missing one of the main features a 'money'  needs.

So instead a cup of coffee stays 2 radixtokens a cup of coffee will become 3 radixtokens, because the inflation in the fiat currency is mimicked.

So importing the decreasing purchasing power of fiat currencies into radixtokens is in my opinion a huge mistake.

I am curious what others think.

Cheers.