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Retired
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October 05, 2017, 10:36:13 AM |
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How will we know the revenue share amount is trustable?
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Flypme
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October 05, 2017, 10:53:13 AM |
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How will we know the revenue share amount is trustable?
We will be developing cryptographic auditing to allow anyone to check volumes. While that is being developed, FYP Token owners with more than 200,000 FYP will be able audit costs, volumes and related information to certify them for the wider community. In the eventuality that no FYP Token owner requests to perform an audit, Flyp.me will use the services of an independent auditor yearly. |
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ignis
Newbie
 Offline
Activity: 26
Merit: 0
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October 05, 2017, 12:17:50 PM |
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Just noticed the "hidden" at the right of the "Hard Cap" information in your website has an asterisk. Checked the contract and there's a hardCapHash. I can see it is because it's actually set (obviously, it's a smart contract) but hashed to keep it hidden as intended by the sale terms. Could you explain how is it calculated on the contract yet kept secure? EDIT: For those who don't understand some of the words above, there's nothing wrong. Just asking how they coded the contract  The hardCapHash 0x3c11d870f0fc097ed9a45ae2a08b6557f80822501686b7376fef5590f1527599 is a hashed number encrypted (hidden) by a key, so nobody can know the value without the key, even the contract can't know it. So the contract has a function to decipher (show) the hard cap, setHardCap(uint256 _hardCap, uint256 _key). When this function is correctly executed with the correct key the contract public variable hardCap that now is 0 will contain the correct value and everybody will be able to see it, and the contract too. You can read the contract source from here: https://etherscan.io/address/0x06dafc2a5fe47fcc9f37b5f91c0c2bd1cf2a9a4c#codeOr even from the github source code: https://github.com/flypme/flypme-contractsRegards |
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poordeveloper
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October 05, 2017, 12:36:38 PM |
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Just noticed the "hidden" at the right of the "Hard Cap" information in your website has an asterisk. Checked the contract and there's a hardCapHash. I can see it is because it's actually set (obviously, it's a smart contract) but hashed to keep it hidden as intended by the sale terms. Could you explain how is it calculated on the contract yet kept secure? EDIT: For those who don't understand some of the words above, there's nothing wrong. Just asking how they coded the contract The hardCapHash 0x3c11d870f0fc097ed9a45ae2a08b6557f80822501686b7376fef5590f1527599 is a hashed number encrypted (hidden) by a key, so nobody can know the value without the key, even the contract can't know it. So the contract has a function to decipher (show) the hard cap, setHardCap(uint256 _hardCap, uint256 _key). When this function is correctly executed with the correct key the contract public variable hardCap that now is 0 will contain the correct value and everybody will be able to see it, and the contract too. You can read the contract source from here: https://etherscan.io/address/0x06dafc2a5fe47fcc9f37b5f91c0c2bd1cf2a9a4c#codeOr even from the github source code: https://github.com/flypme/flypme-contractsRegards Thanks a lot for the explanation. I am not a contract coder so I was unsure of how it worked. |
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davidspitzer
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October 05, 2017, 12:58:54 PM |
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How will we know the revenue share amount is trustable?
We will be developing cryptographic auditing to allow anyone to check volumes. While that is being developed, FYP Token owners with more than 200,000 FYP will be able audit costs, volumes and related information to certify them for the wider community. In the eventuality that no FYP Token owner requests to perform an audit, Flyp.me will use the services of an independent auditor yearly. How many times a year will the be the revenue sharing? |
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bineva17
Member
Offline
Activity: 130
Merit: 11
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October 05, 2017, 01:03:51 PM |
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Sorry but this is the first time I saw a "hidden hard cap" ICO lol.
That's ridiculous!
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poordeveloper
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October 05, 2017, 01:37:30 PM |
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How will we know the revenue share amount is trustable?
We will be developing cryptographic auditing to allow anyone to check volumes. While that is being developed, FYP Token owners with more than 200,000 FYP will be able audit costs, volumes and related information to certify them for the wider community. In the eventuality that no FYP Token owner requests to perform an audit, Flyp.me will use the services of an independent auditor yearly. How many times a year will the be the revenue sharing? Every three months, as per this post: What will the first dividend dates be?
Three months after the end of the ICO, the payout will be sent in ETH by default. |
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decades85
Jr. Member
Offline
Activity: 69
Merit: 2
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October 05, 2017, 01:45:43 PM |
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If we have FLYP.me Tokens in our Holytransaction wallet, can they be moved automatically to Ethereum address in the same wallet?
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Flypme
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October 05, 2017, 03:02:51 PM |
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Sorry but this is the first time I saw a "hidden hard cap" ICO lol.
That's ridiculous!
The Hard-Cap will be disclosed, once reached. We published the hash of the Hard-Cap, so that anyone can check that Hard-Cap hasn't been changed. |
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poordeveloper
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October 05, 2017, 04:40:56 PM |
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What is the recommended gas price? I can see the recommended gas limit is 250000 but I don't know what is the gas price that should be used.
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Retired
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October 05, 2017, 04:43:30 PM |
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Are the relationships between the transactions private?
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ICOs
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October 05, 2017, 04:48:14 PM |
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Can I send from MetaMask to the smart contract?
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Flypme
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October 05, 2017, 04:52:05 PM |
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What is the recommended gas price? I can see the recommended gas limit is 250000 but I don't know what is the gas price that should be used.
Hi! 21000 (21 Gwei) is the minimum reccommended gas price |
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poordeveloper
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October 05, 2017, 05:26:00 PM |
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What is the recommended gas price? I can see the recommended gas limit is 250000 but I don't know what is the gas price that should be used.
Hi! 21000 (21 Gwei) is the minimum reccommended gas price Thanks for your reply. Do you plan on having more APIs? |
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HolyTransaction (OP)
Full Member
Offline
Activity: 142
Merit: 101
HolyTransaction.com
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October 05, 2017, 06:19:38 PM |
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If we have FLYP.me Tokens in our Holytransaction wallet, can they be moved automatically to Ethereum address in the same wallet?
If you have FYP Tokens on HolyTransaction, they will be assigned to your HolyTransaction account and the payout will also be automatically associated with it. |
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poordeveloper
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October 05, 2017, 07:09:22 PM |
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How many confirmations are needed for each coin?
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etatto
Member
Offline
Activity: 109
Merit: 12
Staker.network - POS Smart Contract ETH Token
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October 05, 2017, 09:00:26 PM |
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I just received on my eth address the coins I have acquired thru your presale with some ETH, DOGE and LTC Thumbs up! Nothing is missing! Maybe I spend some more  |
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decades85
Jr. Member
Offline
Activity: 69
Merit: 2
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October 06, 2017, 12:10:27 AM |
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@flyp.me thank you for your answer. Are the Tokens bought in pre sale already all distributed to ETH wallets? Because I am still waiting for mine.... What happens if soft cap is not reached? Would that mean that the token sale is cancelled?
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Retired
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October 06, 2017, 12:12:23 AM |
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I just received on my eth address the coins I have acquired thru your presale with some ETH, DOGE and LTC Thumbs up! Nothing is missing! Maybe I spend some more Of course, 50 profit sharing is worth it  |
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