lmfsthefounder
|
|
August 16, 2017, 03:33:32 AM |
|
Whitepaper link anyone?
I've posted here multiple times before but no replies as of yet.
Sorry to be annoying :/
|
|
|
|
sparksi
|
|
August 16, 2017, 03:34:03 AM |
|
In a PoS system each node that holds a balance in the main network token has a chance (proportional to its balance) to produce a block. In the two-tier architecture it is logical to move payment processing onto the full nodes alone. At the same time, all nodes with non-zero balances still have to be eligible for staking rewards.
The theoretical issue of reduced security caused by fewer nodes staking can be addressed through explicit balance leasing from lightweight nodes to full nodes. By leasing their balance to a trusted full node a lightweight node actually increases its chance of collecting transaction fees, since it does not have to stay online, and the full node has an increased chance of producing a block due to its increased balance. I'm posting this again since I think this was in the whitepaper I feel like another ICO had a similar idea but I forget the name if anybody can help me.
|
|
|
|
BigKush
|
|
August 16, 2017, 03:35:43 AM |
|
i remember having got into bitcoin early on and i thought that was revolutionary, and then people are presenting projects like this and i think its the next bitcoin2.0 hahaha
|
|
|
|
lmfsthefounder
|
|
August 16, 2017, 03:36:35 AM |
|
Any similar ICOs to this?
I'm looking to get into other stuff as well
|
|
|
|
sparksi
|
|
August 16, 2017, 03:37:22 AM |
|
Might be interested but I wanna ask a few things before I buy a coin
First off do we recieve the coins instantly or do we have to wait a certain period of time?
Another thing I want to know is what wallet would these tokens work in?
|
|
|
|
BigKush
|
|
August 16, 2017, 03:38:47 AM |
|
does anyone seem to realize that all cryptos are down today, whats causing this bad news? did i miss a store or something, not sure why everything is crashing!
|
|
|
|
lmfsthefounder
|
|
August 16, 2017, 03:39:39 AM |
|
Saw this comment earlier that was a little earlier in this entire post: Would be interested but I wanna ask a few things before I buy a coin
Firstly, do we recieve the coins instantly or do we have to wait a certain period of time?
Lastly, how much does 1 token cost? can someone answer all of these for me?
|
|
|
|
sparksi
|
|
August 16, 2017, 03:40:42 AM |
|
Looks like an interesting project. When was this announced?
|
|
|
|
BigKush
|
|
August 16, 2017, 03:41:51 AM |
|
could someone help me with an issue im having? i can offer a tip via some ether, i am struggling with getting my ethereum wallet synced, does anyone have any ways i could get it done sometime this year?
|
|
|
|
lmfsthefounder
|
|
August 16, 2017, 03:42:44 AM |
|
I'm super interested in bounty still so if anybody knows anything please PM. I feel like it's worth a shot even though this thread is a bit old
|
|
|
|
sparksi
|
|
August 16, 2017, 03:44:06 AM |
|
Does anybody have any idea as to when this was posted exactly? Like I know I can look at the thread creation date but usually thats not accurate
|
|
|
|
BigKush
|
|
August 16, 2017, 03:44:56 AM |
|
I know a few of you were asking about this so here's a post from a few pages back to shut some of yall up I don't think it is necessarily anything.
Every day we see people coming on here trying to figure out how to mine. Some of those people have multiple computers, some have many computers. I remember yesterday two people were specifically asking about how to set up multiple computers to mine to one wallet. I have no idea how many computers either of them have or how many other people like that didn't post. There was an optimized Windows miner released recently that doubled the has rate on a lot of hardware. With the price going up like crazy yesterday that was clearly going to attract a lot of people.
All of this is going to rapidly drive up the amount of mining and the hash rate, which in total still isn't that high, only 5000 or so computers.
|
|
|
|
lmfsthefounder
|
|
August 16, 2017, 03:45:48 AM |
|
not sure if I want to put some in so I'm not completely sure right now
anybody think im too late and should choose another ICO?
|
|
|
|
sparksi
|
|
August 16, 2017, 03:47:28 AM |
|
On second though I will be investing into this right now
|
|
|
|
BitFarmer75
Member
Offline
Activity: 70
Merit: 10
|
|
August 16, 2017, 03:47:46 AM |
|
I not easily sold, but i can see this working. I keeping my eye on you all. best of luck
|
|
|
|
BigKush
|
|
August 16, 2017, 03:48:01 AM |
|
As I was saying before, the technical implications for this project are quite astounding.
Im sure many of the investors might be confused as to how they can make their return back, but its clearly stated in the mission statement.
I would think an investor or a contributor should do due diligence and research a project quite thoroughly before investing, I know I did.
|
|
|
|
lmfsthefounder
|
|
August 16, 2017, 03:48:54 AM |
|
am I too late to this ICO?
I would buy some but I'm not sure if timing matters with this
|
|
|
|
sparksi
|
|
August 16, 2017, 03:50:50 AM |
|
One other thing, I mostly own DASH at the moment...
How do I convert that so I can buy this?
Should I just convert it to BTC?
|
|
|
|
BigKush
|
|
August 16, 2017, 03:51:07 AM |
|
agree 100% everyone should do their own research. not sure why people dont review the whitepapers first
|
|
|
|
lmfsthefounder
|
|
August 16, 2017, 03:51:59 AM |
|
Would like a link to the whitepaper if someone wouldn't mind messaging it to me
|
|
|
|
|