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Author Topic: [ANN]USDEx - Unified Society for the Next Generation Digital Economy  (Read 25271 times)
Rigorous
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August 12, 2017, 10:10:59 AM
Last edit: August 12, 2017, 10:21:23 AM by Rigorous
 #101

Regarding the last value for USDE it might seems that it was between 5-7 sat per 1 USDe (more than 100$ per transaction). The last price that appears on coinmarketcap of 1 sat was because someone sold USDE worth of 10$ from 5 sat to 1 sat on the last exchanges that had USDE listed (maybe Alcurex).

1.9 USDe * 7 sat * $0.0000381293 * 1440 minutes/day = $0.73 a day for all miners

But okay, let's say 50% USDe of is unrecoverable which would double the value. Now miners get to share a whopping $1.46 a day. So what exactly is the incentive to mine this coin currently and in the future? For people who mined at 1000+ block reward and are holding large quantities of USDe they need to miners to keep the network alive, but for newcomers the reward is negative compared to the cost of electricity and hardware. So you're not going to attract any fresh blood this way.

I can't sympathize with your cause, because 1) I don't have a big USDe wallet and 2) the usde.co is updated but the old, misleading specification "block halving every 1/3rd of the coin’s total supply", which means 1000 USDe block reward, is still there and 3) feature-wise USDe is made obsolete by newer altcoins.
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whywefight
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August 12, 2017, 10:45:24 AM
 #102

Hey Guys,

the TCS and the Richlist are up to date now and should be correct. We using the coinbase to determine the TCS which looks correct.

As this has been asked before: The frontpage shows "doubled" blocks as it doesnt shows blocks, it shows transactions. So it normal to see several TX for the same block. If you look at one of those blocks, you will see all tx that are done in that block.

USDE_Community (OP)
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August 12, 2017, 11:51:31 AM
 #103

Regarding the last value for USDE it might seems that it was between 5-7 sat per 1 USDe (more than 100$ per transaction). The last price that appears on coinmarketcap of 1 sat was because someone sold USDE worth of 10$ from 5 sat to 1 sat on the last exchanges that had USDE listed (maybe Alcurex).

1.9 USDe * 7 sat * $0.0000381293 * 1440 minutes/day = $0.73 a day for all miners

But okay, let's say 50% USDe of is unrecoverable which would double the value. Now miners get to share a whopping $1.46 a day. So what exactly is the incentive to mine this coin currently and in the future? For people who mined at 1000+ block reward and are holding large quantities of USDe they need to miners to keep the network alive, but for newcomers the reward is negative compared to the cost of electricity and hardware. So you're not going to attract any fresh blood this way.

I can't sympathize with your cause, because 1) I don't have a big USDe wallet and 2) the usde.co is updated but the old, misleading specification "block halving every 1/3rd of the coin’s total supply", which means 1000 USDe block reward, is still there and 3) feature-wise USDe is made obsolete by newer altcoins.

If 50% of the coins are unrecoverable, we aren't able for the moment to guess what would be the value. We will take in consideration all possible solutions for miners to come back. Regarding the current website, the coin specs were the initial ones. In september we're thinking of launching a new platform more oriented to regular users in order to attract them to crypto.

That's why we are posting here on bitcointalk, or on discord group because we want to have feedback from you, the community here on bitcointalk.

Every well intended comment is well received
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August 12, 2017, 01:27:05 PM
 #104

Many say, if this is an updated old project, precisely since 2014, is it true? Or is this a new project? Actually this project is very interesting, but I am not sure to join this project, I will see the next few days, good luck
USDE_Community (OP)
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August 12, 2017, 01:46:41 PM
 #105

Many say, if this is an updated old project, precisely since 2014, is it true? Or is this a new project? Actually this project is very interesting, but I am not sure to join this project, I will see the next few days, good luck

It is an old project, many of the coins were lost on defuncted exchanges. We have gathered a new team and we are working on updating the algo and wallets. After all this will be done we will focus our attention on getting a large adoption
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August 13, 2017, 03:09:31 PM
 #106

is there giveway on bitcoingarden still active dev, look like has ended for now ? or i must waiting for next information
USDE_Community (OP)
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August 13, 2017, 03:19:51 PM
 #107

is there giveway on bitcoingarden still active dev, look like has ended for now ? or i must waiting for next information

That giveaway is still active until the next giveaways starts (as soon as we get listed)
rianmulyana
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August 13, 2017, 03:31:10 PM
 #108

is there giveway on bitcoingarden still active dev, look like has ended for now ? or i must waiting for next information

That giveaway is still active until the next giveaways starts (as soon as we get listed)

thanks for information dev, i will participate
luckyguy2807
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August 14, 2017, 07:31:14 AM
 #109

Don't forget about our giveaway.
https://bitcoingarden.org/forum/index.php?topic=17398.0


USDE - a coin that UNITES
duongtien86
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August 14, 2017, 07:47:22 AM
 #110

Don't forget about our giveaway.
https://bitcoingarden.org/forum/index.php?topic=17398.0


USDE - a coin that UNITES

send coin!

Check wallet!

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    PoSToken       Free Airdrop ●  No-ICO ●  100% Annual Interest First Year
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http://bdsmtoken.io/
oraykobra
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August 14, 2017, 08:50:07 AM
 #111

i have participate twitter giveway
can i tweet daily ?
Tara11
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August 14, 2017, 09:11:09 AM
 #112

I'm early adopter of USDE. I can't find my wallet.dat. Maybe I lost it on Comkort. I don't remember correctly. I need to dig my old PC. I think I have 80K USDE over there. If I can't find it I have to participate in giveaway.  Smiley
USDE_Community (OP)
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August 14, 2017, 09:33:23 AM
 #113

We are very glad to hear that you are an early adopter. We recommend you to buy USDE because it will be listed at a very low price very soon.
arbitrage
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August 14, 2017, 09:44:52 AM
 #114

Now I'm searching through old hdd's for the wallet, i have somewhere..I rembere i mined this one and Klondike Coin, but never sold them price suddenly went down. CoinMarket was main place for trade, I also lost some of those coins there when they   banished. I'm very happy to see this project is revived.
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August 14, 2017, 09:56:40 AM
 #115

Hey, your pool is failing today...

USDE_Community (OP)
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August 14, 2017, 10:04:13 AM
 #116

Hey, your pool is failing today...

The pool has some issues, its operator has been contacted. You can solo mine it until then. The diff is low. We hope that this week we will be listed on an exchange and then we will contact other pools operators in order to list USDE.
USDE_Community (OP)
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August 14, 2017, 10:11:08 AM
 #117

Now I'm searching through old hdd's for the wallet, i have somewhere..I rembere i mined this one and Klondike Coin, but never sold them price suddenly went down. CoinMarket was main place for trade, I also lost some of those coins there when they   banished. I'm very happy to see this project is revived.

We are taking step by step, first we have worked on our explorer to see exactly the number of coins available, what wallets are there. This week we hope to be listed on an exchange.

After that we are looking on improving our algo, maybe with segwit and other improvements. A major update will be our Android wallet.

USDE - a coin that UNITES
werewolf2113
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August 14, 2017, 11:13:55 AM
 #118


When will start to work correctly  pool? 180  accepted  pool then Rejected Rejected
mbahokey
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August 14, 2017, 12:38:11 PM
 #119

thanks i have received my reward from tweet
any plan for bounty ?
USDE_Community (OP)
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August 14, 2017, 01:21:33 PM
 #120

thanks i have received my reward from tweet
any plan for bounty ?

We are currently working on establishing a set of bounties in order to attract valuable developers that could help us updating the algo and android/Iphone wallet
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