[ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin

[Lucas Johannesburg]

Man I cant wait for the Post-Ico price. I am going to get an enormous discount.

[PitL0rd2002]

I am wondering whether it's worth investing in the ICO when the distribution will be small compared to the total amount of coins that will be distributed freely on mobile apps afterward.
21 billion in all and how many given to those who have invested 11 millions $ in the ICO?
All the people who will get their coins for free will dump them on those who spent their money in the ICO.
I really believe they are not really generous with the people who invest into their business.

They will give away coins for free?   How much tokens in team? Which % of tokens for crowsale?
All unsold tokens will be burn?

[kilobytez]

I hope investors will get additional 10% stake from the coin instead of burning it!

[fracas]

This will be huge IMHO!

[BlackWidow]

This will be huge IMHO!

Im with you!!

Seems people expect every ICO to lose money. These guys missed Nxt/Iota/Neo, bunch of nOObs in the game now.

Ive never played to lose. I always play to win. If I thought that this coin was going to lose money.....shit. These new cats running scared!!! 

Time always will tell. The truth always comes out.

[BlackWidow]

Man I cant wait for the Post-Ico price. I am going to get an enormous discount.

Quote this for a few weeks from now when you get ass raped on the price loser.

Come here talkimg trash about my favorite coin. You will eat these words in a few short in no time. The is coming.

I will be coming to whereever you are posting to remind you!!!

[Murzibia]

***SCAM ALERT***

This is no more than copy paste of very old fornote config.
https://github.com/electroneum/electroneum/tree/master/src

Infact this there is no new technology associated with this project.

White paper and technial white paper you post are no more than cryptonote foundation papers that you place your company logo at the bottom of.

No where do you list any technical spec for this project other than money supply and decimal point but all your github source contradict this

We demand total transparency to include all information

EMISSION_SPEED_FACTOR=?
DIFFICULTY_TARGET=?
CRYPTONOTE_DISPLAY_DECIMAL_POINT=?
MONEY_SUPPLY=?
GENESIS_BLOCK_REWARD=?
SYNC_FROM_ZERO=?
DEFAULT_DUST_THRESHOLD=?
MINIMUM_FEE=?
CRYPTONOTE_MINED_MONEY_UNLOCK_WINDOW=?
CRYPTONOTE_BLOCK_GRANTED_FULL_REWARD_ZONE=?
MAX_TRANSACTION_SIZE_LIMIT=?
CRYPTONOTE_PUBLIC_ADDRESS_BASE58_PREFIX=?
DIFFICULTY_CUT_V1=?
DIFFICULTY_CUT_V2=?
DIFFICULTY_CUT=?
DIFFICULTY_LAG_V1=?
DIFFICULTY_LAG_V2=?
DIFFICULTY_LAG=0
DIFFICULTY_WINDOW_V1=?
DIFFICULTY_WINDOW_V2=?
DIFFICULTY_WINDOW=?
ZAWY_DIFFICULTY_V3=?
ZAWY_DIFFICULTY_DIFFICULTY_BLOCK_VERSION=?
p2p-bind-port=?
rpc-bind-port=?
BYTECOIN_NETWORK=?
CRYPTONOTE_NAME=?
GENESIS_COINBASE_TX_HEX=?
MAX_BLOCK_SIZE_INITIAL=?
UPGRADE_HEIGHT_V2=?
UPGRADE_HEIGHT_V3=?

All I see here in all your information is how you intend to make money. Red flag for BIG SCAM AHEAD similar to EBITZ ICO

[riils]

Seems people expect every ICO to lose money.

Would be weirder if people expected every ICO to win them money. After all ICOs by very definition take your money and give you worthless virtual token in return, with no real value or valuation.

Value begins when those things are traded freely on markets, then there is real discovery of price.

[Murzibia]

***SCAM ALERT***

This is no more than copy paste of very old fornote config.
https://github.com/electroneum/electroneum/tree/master/src

Infact this there is no new technology associated with this project.

White paper and technial white paper you post are no more than cryptonote foundation papers that you place your company logo at the bottom of.

No where do you list any technical spec for this project other than money supply and decimal point but all your github source contradict this

We demand total transparency to include all information

EMISSION_SPEED_FACTOR=?
DIFFICULTY_TARGET=?
CRYPTONOTE_DISPLAY_DECIMAL_POINT=?
MONEY_SUPPLY=?
GENESIS_BLOCK_REWARD=?
SYNC_FROM_ZERO=?
DEFAULT_DUST_THRESHOLD=?
MINIMUM_FEE=?
CRYPTONOTE_MINED_MONEY_UNLOCK_WINDOW=?
CRYPTONOTE_BLOCK_GRANTED_FULL_REWARD_ZONE=?
MAX_TRANSACTION_SIZE_LIMIT=?
CRYPTONOTE_PUBLIC_ADDRESS_BASE58_PREFIX=?
DIFFICULTY_CUT_V1=?
DIFFICULTY_CUT_V2=?
DIFFICULTY_CUT=?
DIFFICULTY_LAG_V1=?
DIFFICULTY_LAG_V2=?
DIFFICULTY_LAG=0
DIFFICULTY_WINDOW_V1=?
DIFFICULTY_WINDOW_V2=?
DIFFICULTY_WINDOW=?
ZAWY_DIFFICULTY_V3=?
ZAWY_DIFFICULTY_DIFFICULTY_BLOCK_VERSION=?
p2p-bind-port=?
rpc-bind-port=?
BYTECOIN_NETWORK=?
CRYPTONOTE_NAME=?
GENESIS_COINBASE_TX_HEX=?
MAX_BLOCK_SIZE_INITIAL=?
UPGRADE_HEIGHT_V2=?
UPGRADE_HEIGHT_V3=?

All I see here in all your information is how you intend to make money. Red flag for BIG SCAM AHEAD similar to EBITZ ICO

[Wong Goblog]

It seems like this is a unique concept because we can mining via mobile phone. Is ICO still open, what is the price of this token?

[riils]

It is open. But don't be fooled by the mobile mining gimmick. Because it's not real mining. It's supposedly just a coin distribution / airdrop scheme. You can't mine anything with mobile phone hardware, not with meaningful speed anyway.

[edward0181]

It is open. But don't be fooled by the mobile mining gimmick. Because it's not real mining. It's supposedly just a coin distribution / airdrop scheme. You can't mine anything with mobile phone hardware, not with meaningful speed anyway.

Do agree,
Have checked apps like minergate. They mine with Cryptonight (Bytecoin / Monero / etc) on mobile phone.
Appart from heating your phone, you won't make serious hashes.

It give's an mining experience. It doesn't directly add blocks to to chain.
 These users will be encouraged and likely to take advantage of the significant mining speed and coin emission improvements of mining with the Windows, Mac or Linux GUI miner

In tech whitepapers it shows just being a fork of this same algo, so can not expect this to mine well by mobile phone.

Code:

The mobile mining experience does not download a copy of the blockchain or carry out intensive CPU operations
to provide egalitarian proof of work, it is intended to give entry level access to a cryptocurrency by allowing the
experience of mining (i.e. being issued a hash rate reflective of the CPU processing power of the device and being
awarded coins for participating in the experience). The Mobile mining experience does not directly add blocks to
the blockchain and thus it does not overheat the mobile device or use precious bandwidth. The CPU of the device
is periodically queried to ensure the simulated hashrate is correctly balanced with the other running processes and
it gives the user a very realistic mining experience, including accurately issuing Electroneum coin rewards.
The issued Electroneum coins are true Electroneum coins, the same as issued by the Windows, Mac and Linux
full miner. The Windows, Mac and Linux full miner does download the full blockchain and operate in a fully
decentralized manner.
The mobile mining experience has been designed to yield rapid user growth. These users will be encouraged
and likely to take advantage of the significant mining speed and coin emission improvements of mining with the
Windows, Mac or Linux GUI miner, which will enable Electroneum to grow to huge user numbers via the app,
whilst still retaining a significant mining community running the transactional blockchain by running the intuitive
Windows, Mac or Linux application.
The centralized nature of the mobile app will also allow Electroneum to perform transfers of Electroneum via the
contact list in the device, rather than using lengthy public keys which are currently required by all decentralized
blockchains. Those public keys still exist and can be used but a simpler, more intuitive way of using cryptocurrency
is envisaged.

[pokehero]

Man, I keep seeing people complaining about "mining" on the phone. ETN isn't going to be "mining," but simulating what mining feels like. It's going to calculate the computational power of your phone and allocate coins appropriately. In essence, you will not be actually mining on your phone. Your phone won't be handling the same load as a desktop miner. Your battery won't get depleted fast. It won't burn up. It won't degrade your phone. It puts as much strain on your device as loading a Wikipedia page is. The main miners will be on the PC. The return with "mining" on your phone will be dependent on the amount of people utilizing the app. There will be a significant increase in the pool because of the leftover tokens from the ICO will be distributed accordingly. This is to promote viral growth and get people into it earlier, rather than later. If a million people start using the app and mining, it's not going to return the same amount of coins forever. The 21B cap of ETN won't be mined for YEARS. From what I have read and understood (but I might be wrong, so please correct me), the desktop miners' coins will have some allocated for the phone miners to distribute among them. The coins won't be appearing from thin air, since the phone isn't actually doing any mining.

Also, people complain about the amount of tokens overall, which is 21B. Now, that may seem like a lot, comparatively speaking, but it's not. Most coins use multiple decimal places. For instance, Bitcoin uses 8. However, ETN will only be using 2, in order to feel like a real world currency. So the amount available to purchase is significantly less than Bitcoin, from what I'm aware.

[ggnorevthx]

It's still an interesting concept that I would like to see. And regarding the token, imo it's not a get rich overnight token, but I still believe it will worth something.

[coin_1122]

Man, I keep seeing people complaining about "mining" on the phone. ETN isn't going to be "mining," but simulating what mining feels like. It's going to calculate the computational power of your phone and allocate coins appropriately. In essence, you will not be actually mining on your phone. Your phone won't be handling the same load as a desktop miner. Your battery won't get depleted fast. It won't burn up. It won't degrade your phone. It puts as much strain on your device as loading a Wikipedia page is. The main miners will be on the PC. The return with "mining" on your phone will be dependent on the amount of people utilizing the app. There will be a significant increase in the pool because of the leftover tokens from the ICO will be distributed accordingly. This is to promote viral growth and get people into it earlier, rather than later. If a million people start using the app and mining, it's not going to return the same amount of coins forever. The 21B cap of ETN won't be mined for YEARS.

Also, people complain about the amount of tokens overall, which is 21B. Now, that may seem like a lot, comparatively speaking, but it's not. Most coins use multiple decimal places. For instance, Bitcoin uses 8. However, ETN will only be using 2, in order to feel like a real world currency. So the amount available to purchase is significantly less than Bitcoin, from what I'm aware.

So there are a lot of confusions about the Electroneum many people are saying how can it is possible through the mobile phone for mining. I think mining always need special hardware equipment where it will lot of to mature the coin. So, I am in confusion state whether to move forward or not.

[Darkoth89]

Man, I keep seeing people complaining about "mining" on the phone. ETN isn't going to be "mining," but simulating what mining feels like. It's going to calculate the computational power of your phone and allocate coins appropriately. In essence, you will not be actually mining on your phone. Your phone won't be handling the same load as a desktop miner. Your battery won't get depleted fast. It won't burn up. It won't degrade your phone. It puts as much strain on your device as loading a Wikipedia page is. The main miners will be on the PC. The return with "mining" on your phone will be dependent on the amount of people utilizing the app. There will be a significant increase in the pool because of the leftover tokens from the ICO will be distributed accordingly. This is to promote viral growth and get people into it earlier, rather than later. If a million people start using the app and mining, it's not going to return the same amount of coins forever. The 21B cap of ETN won't be mined for YEARS.

Also, people complain about the amount of tokens overall, which is 21B. Now, that may seem like a lot, comparatively speaking, but it's not. Most coins use multiple decimal places. For instance, Bitcoin uses 8. However, ETN will only be using 2, in order to feel like a real world currency. So the amount available to purchase is significantly less than Bitcoin, from what I'm aware.

So there are a lot of confusions about the Electroneum many people are saying how can it is possible through the mobile phone for mining. I think mining always need special hardware equipment where it will lot of to mature the coin. So, I am in confusion state whether to move forward or not.

Three posts above explains the mobile mining:

The mobile mining experience does not download a copy of the blockchain or carry out intensive CPU operations
to provide egalitarian proof of work, it is intended to give entry level access to a cryptocurrency by allowing the
experience of mining (i.e. being issued a hash rate reflective of the CPU processing power of the device and being
awarded coins for participating in the experience). The Mobile mining experience does not directly add blocks to
the blockchain and thus it does not overheat the mobile device or use precious bandwidth. The CPU of the device
is periodically queried to ensure the simulated hashrate is correctly balanced with the other running processes and
it gives the user a very realistic mining experience, including accurately issuing Electroneum coin rewards.
The issued Electroneum coins are true Electroneum coins, the same as issued by the Windows, Mac and Linux
full miner. The Windows, Mac and Linux full miner does download the full blockchain and operate in a fully
decentralized manner.
The mobile mining experience has been designed to yield rapid user growth. These users will be encouraged
and likely to take advantage of the significant mining speed and coin emission improvements of mining with the
Windows, Mac or Linux GUI miner, which will enable Electroneum to grow to huge user numbers via the app,
whilst still retaining a significant mining community running the transactional blockchain by running the intuitive
Windows, Mac or Linux application.
The centralized nature of the mobile app will also allow Electroneum to perform transfers of Electroneum via the
contact list in the device, rather than using lengthy public keys which are currently required by all decentralized
blockchains. Those public keys still exist and can be used but a simpler, more intuitive way of using cryptocurrency
is envisaged.

[okane818]

hello guys, the miner software not found in for iOs, anyone knows it?

thank you.

[johnwest]

62612
Registered Users

17081.45349904
Ethereum Raised

1443.10999476
Bitcoin Raised

What will be the final stats guys.?
I would say at least 20k ETH and 2k BTC. Long way to go...

[ccrryyppttoo]

interesting! 

[contraband]

***SCAM ALERT***

This is no more than copy paste of very old fornote config.
https://github.com/electroneum/electroneum/tree/master/src

Infact this there is no new technology associated with this project.

White paper and technial white paper you post are no more than cryptonote foundation papers that you place your company logo at the bottom of.

No where do you list any technical spec for this project other than money supply and decimal point but all your github source contradict this

We demand total transparency to include all information

EMISSION_SPEED_FACTOR=?
DIFFICULTY_TARGET=?
CRYPTONOTE_DISPLAY_DECIMAL_POINT=?
MONEY_SUPPLY=?
GENESIS_BLOCK_REWARD=?
SYNC_FROM_ZERO=?
DEFAULT_DUST_THRESHOLD=?
MINIMUM_FEE=?
CRYPTONOTE_MINED_MONEY_UNLOCK_WINDOW=?
CRYPTONOTE_BLOCK_GRANTED_FULL_REWARD_ZONE=?
MAX_TRANSACTION_SIZE_LIMIT=?
CRYPTONOTE_PUBLIC_ADDRESS_BASE58_PREFIX=?
DIFFICULTY_CUT_V1=?
DIFFICULTY_CUT_V2=?
DIFFICULTY_CUT=?
DIFFICULTY_LAG_V1=?
DIFFICULTY_LAG_V2=?
DIFFICULTY_LAG=0
DIFFICULTY_WINDOW_V1=?
DIFFICULTY_WINDOW_V2=?
DIFFICULTY_WINDOW=?
ZAWY_DIFFICULTY_V3=?
ZAWY_DIFFICULTY_DIFFICULTY_BLOCK_VERSION=?
p2p-bind-port=?
rpc-bind-port=?
BYTECOIN_NETWORK=?
CRYPTONOTE_NAME=?
GENESIS_COINBASE_TX_HEX=?
MAX_BLOCK_SIZE_INITIAL=?
UPGRADE_HEIGHT_V2=?
UPGRADE_HEIGHT_V3=?

All I see here in all your information is how you intend to make money. Red flag for BIG SCAM AHEAD similar to EBITZ ICO

The information quoted above is incorrect