Ano
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July 13, 2017, 09:50:03 AM |
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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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Mr. Pool
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July 13, 2017, 09:51:44 AM |
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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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wbulot
Member
Offline
Activity: 101
Merit: 10
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July 13, 2017, 09:57:59 AM |
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Thank you for the update dev.
Hope to have some news about the new coin features soon.
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btw50
Member
Offline
Activity: 91
Merit: 10
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July 13, 2017, 10:01:46 AM Last edit: July 13, 2017, 10:19:00 AM by btw50 |
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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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lisasteca
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July 13, 2017, 10:23:43 AM |
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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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JHB3
Full Member
Offline
Activity: 420
Merit: 100
ELIXIR TOKEN
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July 13, 2017, 10:38:02 AM |
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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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iTradeChips
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July 13, 2017, 10:52:18 AM |
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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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David0203
Newbie
Offline
Activity: 37
Merit: 0
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July 13, 2017, 10:57:30 AM |
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Good update dev tnx
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bigon
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July 13, 2017, 11:08:04 AM |
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How much will the genesis of the new token address cost?
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atchoum6760
Legendary
Offline
Activity: 1904
Merit: 1063
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July 13, 2017, 11:27:39 AM |
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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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Miou
Member
Offline
Activity: 108
Merit: 10
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July 13, 2017, 11:47:18 AM |
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Ok I'll buy 10k minereum and wait.
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jukKas
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July 13, 2017, 11:51:11 AM |
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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.
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Bitcoin
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lisasteca
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July 13, 2017, 11:52:14 AM |
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great update, i can see some panic sell, be quite and hold your coin!
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ikilledcobain
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July 13, 2017, 12:23:30 PM |
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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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Miou
Member
Offline
Activity: 108
Merit: 10
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July 13, 2017, 12:49:02 PM |
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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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Haslett5236
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July 13, 2017, 12:57:25 PM |
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june 16th MNE was 12$ but only 1 month price dump to 1$
what a sad story for investor.
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lx001
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July 13, 2017, 01:03:30 PM |
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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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exodusminer
Member
Offline
Activity: 79
Merit: 10
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July 13, 2017, 01:10:44 PM |
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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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Miou
Member
Offline
Activity: 108
Merit: 10
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July 13, 2017, 01:13:58 PM |
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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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