⚡️⚡️⚡️[ANN]GoldMint - ICO is over. $7.3M collected.⚡️⚡️⚡️

[ahitman]

what happens if the miner doesn’t have enough computing power to verify a transaction?

[thisisnotmyltcusername]

very frustrating indeed , need this coin to be like jesus and rise from the dead

[destruct]

Greetings!

Describe PoS and why you chose it? Thank you

Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees

how are the rewards for mining determined?

According to the amount of MNTs the miner has.

what happens if the miner doesn’t have enough computing power to verify a transaction?

The miner can buy more from from other miners on the network.

With regards,
team GOLDMINT

[u8152935yongl]

And proportional distribution absolutely fair for all.

[Fara Chan]

How will be distributed tokens during ICO event?

Also intereseted in this question. How it will be?

whether token can be distributed during ico lasts? I just heard this the first time
what is the reason for developer to do that?

[Rijakolus]

How will be distributed tokens during ICO event?

Also intereseted in this question. How it will be?

whether token can be distributed during ico lasts? I just heard this the first time
what is the reason for developer to do that?

i dont understand what are you asking? Well it is a smartcontract... guess tokens will be distributed during or after ICO...

''whether token can be distributed during ico lasts?'' What are you asking

[luksbit]

Can US/Singapore citizens participate in the ICO?

I think not, because if I could participate it would be described at the beginning of ANN. Let's wait for someone responsible to answer, because I also have this doubt

[destruct]

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GoldMint has raised 1 000 000 dollars within 4 hours.
You still have a chance to jump in and get the biggest bonus!

CLICK HERE
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[cchub]

Hey destruct,

You said it is going to be Graphene-based (just like BitShares and Steem are). Is it going to be Delegated Proof-of-Stake just like those other Graphene-based blockchains? Delegated means it is voting-based, which means our stake means we can vote for the witnesses / block producers / miners (whatever people like to call them).

I don't know any Graphene based blockchain that is purely Proof of Stake as you said. All of them are voting-based (DPoS). Please clarify that for us!

By the way, Graphene is awesome.

Thanks for your attention!

[destruct]

_______________________________________________________________

Haven’t invested in GoldMint GOLD cryptoasset yet?
Read the detailed comparison of GOLD to other gold-backed coins here

To invest and get the highest bonus visit here
Don’t miss GoldMint ICO!

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[destruct]

_______________________________________________________________

GoldMint team at London Blockchain Live conference 2017.
Alexey Antonov supporting GoldMint project - a platform for tokenizing gold assets.
GoldMint ICO is in full swing!

Join now!
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[Warsaar]

Hey what was the price and bonus in earlies hours?

I received 49,02 MNTP for 1 ETH on morning today, but now offer is 49,89 MNTP for 1 ETH... Is it because of ETH rate rised?

[Eddyc]

I'll be looking at this project later! Is the bounty campaign still going on?

[destruct]

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GoldMint has successfully passed the three million dollars milestone.
Hurry up to get the biggest 20% bonus!
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[pablitos]

if I invest 1 ETH, the only benefit I get is a 20% discount, if you manage to intrude GMT in some big exchange house? or do I have any more speculative benefits?
already contacted some big poloniex exchange, bittrex, in case investors need liquids and be able to sell their currency?

[ianp]

why is goldmint platform built on graphene?

[dermo]

what are graphene’s advantages compared to ethereum and other blockchains?

[BazkieBumpercar]

what other projects run on graphene?

[granathus]

I'm in. Good luck everyone

[destruct]

Greetings![/b

why is goldmint platform built on graphene?

The advantages of Graphene compared to Ethereum include the following. It is: Safer - GoldMint blockchain uses its own coins rather than turing-complete smart contracts. More productive - GoldMint is optimized for GOLD transactions. GoldMint is the only ICO that uses this platform, so its platform executes workloads The Graphene blockchain supports PoS.Cheaper - there is no charge for ether commissions.faster and more effectively.

what are graphene’s advantages compared to ethereum and other blockchains?

Graphene is cheaper, there is no charge for ether commissions. Graphene, too, is optimized for GOLD transactions therefore its executes its blocks faster and more effectively and it’s safer in that it uses its own coins rather than turing-complete smart contracts.

what other projects run on graphene?

Graphene also allows its users other platforms that include:Openledger - exchange Rudex - exchange Satoshi.fund - fund Hubdsp - DSP platform Peerplays - betting platform Steemit / Golos.io - news platform

With regards,
team GOLDMINT