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Author Topic: [ANN] Minereum - First Self Mining Smart Contract  (Read 438027 times)
Ano
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July 13, 2017, 09:50:03 AM
 #4501

update

Hi Everyone,

Just want to give a quick update.

We are working on the version 2.0 of the Self Mining Smart Contract, this new version will have multiple new features that will make it a leap forward in Smart Contract Mining Technology, keep in mind that Minereum is the first Self Mining Contract and this is still a very young technology.

We are still defining all the details but we plan to make all Minereum Genesis address convertible to the new Genesis Addresses and Minereum holders will be able to convert their coins to new Genesis too, the more Minereum you have, the more new Genesis you will be able to get. All MNE received will be burned.

One important point on this new version is that the Supply will be much more restricted than in Minereum, while Minereum supply creation rate is static, the new version will decrease over time, making it more and more hard to mine over time.

Minereum will continue as normal and our plans remain, our goal for Minereum is to launch services around it and also to burn as much coins as possible, we believe that burning coins is a good way of giving value to holders since the supply in reduced.

Stay tuned for more updates!

Thanks for this great update actually some people trying to create panic situation to grab all the coins from all weak hands. I also don't think there is valid reason to sell this coin under $5 with unique features and this tech will grow more strong.
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July 13, 2017, 09:51:44 AM
 #4502

Those are great updates regarding version 2 of smart contract which will work similarly but more advanced way. I would like to ask what will happen to my genesis address if I will convert it into new one ? Will this be eliminated from mining contract or what ?

Nothing will happen to your Minereum Genesis Address (or normal address), like we said, Minereum will continue as normal.

The new version will be a complete new coin (New smart contract address), the reason for this is because Ethereum Smart Contracts are immutable, once they are deployed on the network they can't be changed so we actually can't change anything on the Minereum Smart Contract.

Just to be sure, the new token can only be obtained with MNE right? So only available to current (and future)  investors and no airdrop foreseen.
Once it goes public it can be traded for other coins as well but to get in you need MNE.
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July 13, 2017, 09:57:59 AM
 #4503

Thank you for the update dev.

Hope to have some news about the new coin features soon.
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July 13, 2017, 10:01:46 AM
Last edit: July 13, 2017, 10:19:00 AM by btw50
 #4504

 we plan to make all Minereum Genesis address convertible to the new Genesis Addresses and Minereum holders will be able to convert their
[/quote]

the main reason behind this is that you could able to deploy the Lottery from the new Genesis address ?

or you want to reduce the total amount of coins from 136 mil to some where 21 mil to make it more value and rare ?

new feature like what could you tell ?


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July 13, 2017, 10:23:43 AM
 #4505

update

Hi Everyone,

Just want to give a quick update.

We are working on the version 2.0 of the Self Mining Smart Contract, this new version will have multiple new features that will make it a leap forward in Smart Contract Mining Technology, keep in mind that Minereum is the first Self Mining Contract and this is still a very young technology.

We are still defining all the details but we plan to make all Minereum Genesis address convertible to the new Genesis Addresses and Minereum holders will be able to convert their coins to new Genesis too, the more Minereum you have, the more new Genesis you will be able to get. All MNE received will be burned.

One important point on this new version is that the Supply will be much more restricted than in Minereum, while Minereum supply creation rate is static, the new version will decrease over time, making it more and more hard to mine over time.

Minereum will continue as normal and our plans remain, our goal for Minereum is to launch services around it and also to burn as much coins as possible, we believe that burning coins is a good way of giving value to holders since the supply in reduced.

Stay tuned for more updates!

Thanks for this great update actually some people trying to create panic situation to grab all the coins from all weak hands. I also don't think there is valid reason to sell this coin under $5 with unique features and this tech will grow more strong.
that is normal you should know that , just visit any thread and is same story with million project, same everywhere! at same time many clever people buy for cheap from this situation and i m sure they will make huge profit!
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July 13, 2017, 10:38:02 AM
 #4506

update
and Minereum holders will be able to convert their coins to new Genesis too, the more Minereum you have, the more new Genesis you will be able to get. All MNE received will be burned.
can you give an estimated amount of MNE needed to create one Genesis Address?

That would be really helpful!
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July 13, 2017, 10:52:18 AM
 #4507

can anyone give me a simple explanation on the formula for how many tokens you can send at any given time? i couldnt understand the coded part in the whitepaper. thanks in advance

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July 13, 2017, 10:57:30 AM
 #4508

Good update dev tnx
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July 13, 2017, 11:08:04 AM
 #4509

How much will the genesis of the new token address cost?  Smiley
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July 13, 2017, 11:21:37 AM
 #4510

can anyone give me a simple explanation on the formula for how many tokens you can send at any given time? i couldnt understand the coded part in the whitepaper. thanks in advance

Hi
First of all check your available balance following below instraction, if you have genesis address _
https://bitcointalk.org/index.php?topic=1867535.msg18683280#msg18683280
Then transfar following this tutorial_
https://bitcointalk.org/index.php?topic=1867535.msg18681975#msg18681975

Thanks

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July 13, 2017, 11:27:39 AM
 #4511

update
and Minereum holders will be able to convert their coins to new Genesis too, the more Minereum you have, the more new Genesis you will be able to get. All MNE received will be burned.
can you give an estimated amount of MNE needed to create one Genesis Address?

That would be really helpful!



If you don't sell the total balance in the genesis adress is today : 159 MNE.

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July 13, 2017, 11:47:18 AM
 #4512

Ok I'll buy 10k minereum and wait.  Wink
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July 13, 2017, 11:51:11 AM
 #4513

Looking forward to this coin,  although there's lot of cool ERC20 tokens in the market already. Liked the idea of self mining smart contract.


Bitcoin
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July 13, 2017, 11:52:14 AM
 #4514

great update, i can see some panic sell, be quite and hold your coin!
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July 13, 2017, 12:23:30 PM
 #4515

I'm very curious about the 2.0 version and how much MNE it will cost to purchase a 2.0 genesis address as well.


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July 13, 2017, 12:49:02 PM
 #4516

Mining system is great and innovative. But I'm wondering for what we can use the token? Other service will be announced except for token creation?
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July 13, 2017, 12:57:25 PM
 #4517

june 16th  MNE was  12$  but only  1 month price dump to 1$

what a sad story for investor.
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July 13, 2017, 01:03:30 PM
 #4518

june 16th  MNE was  12$  but only  1 month price dump to 1$

what a sad story for investor.

This coin had any investors? Everybody got their addresses for free, I do not know why would anybody buy something like that.
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July 13, 2017, 01:10:44 PM
 #4519

To be frank with you all FUDers out there. If you don't have any good intentions here, just let us be. We believe in this coin and it will make big in the crypto world. Today is the perfect opportunity for us to buy MNE, someone might be dumping huge amount of MNE for us to have an equal opportunity to buy at low price before the NEXT PROJECT starts (which will require MNE). It is our money, it is our investments, it is our money so just let us be.
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July 13, 2017, 01:13:58 PM
 #4520

june 16th  MNE was  12$  but only  1 month price dump to 1$

what a sad story for investor.

This coin had any investors? Everybody got their addresses for free, I do not know why would anybody buy something like that.

In the early stage we can buy any stock, bond and coin pretty cheep nearly equal to zero. It's value starts growing from there. All investment opportunities are the same.
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