lmfsthefounder
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August 16, 2017, 02:53:22 PM |
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Any similar ICOs to this?
I'm looking to get into other stuff as well
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BigKush
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August 16, 2017, 02:53:29 PM |
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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.
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sparksi
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August 16, 2017, 02:53:36 PM |
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Also, I'd be down to invest into this if they made it obvious how to actually contribute bitcoin into this
Maybe I'm a newb and spend too much time coding, but I feel like these ICOs make it oddly difficult IDK
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lmfsthefounder
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August 16, 2017, 02:53:49 PM |
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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?
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BigKush
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August 16, 2017, 02:53:58 PM |
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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.
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lmfsthefounder
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August 16, 2017, 02:54:17 PM |
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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
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sparksi
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August 16, 2017, 02:54:20 PM |
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So any more info on bounties? Sorry if I annoy some of you since I keep asking but OP isn't replying
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BigKush
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August 16, 2017, 02:54:28 PM |
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agree 100% everyone should do their own research. not sure why people dont review the whitepapers first
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lmfsthefounder
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August 16, 2017, 02:54:44 PM |
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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?
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BigKush
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August 16, 2017, 02:54:56 PM |
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If they dont get their act together I do think though there could be some mismanagement in such a complex project. In some other ICOs there has been trouble starting out because of team differences, I hope thats not the case here.
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sparksi
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August 16, 2017, 02:54:57 PM |
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Any bounty yet?
I know I'm uber late but thought I'd ask
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lmfsthefounder
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August 16, 2017, 02:55:12 PM |
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am I too late to this ICO?
I would buy some but I'm not sure if timing matters with this
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BigKush
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August 16, 2017, 02:55:26 PM |
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its a very difficult project so youre right if they cannot figure out whats going on and get more organied theyre screwed.
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lmfsthefounder
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August 16, 2017, 02:55:38 PM |
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Would like a link to the whitepaper if someone wouldn't mind messaging it to me
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sparksi
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August 16, 2017, 02:55:39 PM |
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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.
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BigKush
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August 16, 2017, 02:55:55 PM |
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Its tough as an investor to put a number or valuation on a project, because it could either go up or down, and NOBODY can predict the future.
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lmfsthefounder
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August 16, 2017, 02:56:08 PM |
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So what would some of you guys suggest I put into this? I ahve 2 BTC at the moment so I was thinking of putting somewhere around 2. into this. What have some of you put into this? I'm not trying to risk that much but im not super sure right now.
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sparksi
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August 16, 2017, 02:56:19 PM |
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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?
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BigKush
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August 16, 2017, 02:56:25 PM |
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You just kinda go with your gut feeling and hope for the best. I think a team of devs like this only comes around once in a blue moon, so my bet is on them.
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lmfsthefounder
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August 16, 2017, 02:56:36 PM |
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when was this project announced? (like before the thread start date)
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