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olubams
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January 15, 2018, 06:00:44 AM
Last edit: January 15, 2018, 07:33:26 AM by olubams |
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Visiting the site in preparation for the commencement of the ICO, I must appreciate the amount of work that have been put into what the project has been about till date and as we await the opening so also I wish the outcome will be massive. However, on visiting the site the minimum to purchase would be 1500 while one is quoted at 0.0000262 which then amounted to .0393 if my calculation is right. Converting that to dollars would not be below $500 (depending on rate). Is that not too high to be the minimum?
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SyntacticLuster
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January 15, 2018, 06:42:50 AM |
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Why no mention of chargebacks? I'd imagine this would be the #1 selling point for merchants. Chargebacks literally cripple and bankrupt many businesses due to fraudulent purchasers.
What he said... I'm also very curious why this has not been addressed in any way, shape or form. The only single mention of chargebacks is shown below in the section of the whitepaper titled "Offline Transaction Approvals". I feel like this not being addressed is a major oversight on an otherwise well thought out ecosystem. I would like to invest in this ICO, but I would be extraordinarily hesitant to do so unless I felt this glaring oversight was adequately addressed. Either that, or an explanation provided as to why it is not an important enough topic for inclusion in the Whitepaper or any of the attached literature. I would also like to make note of the fact that while the Whitepaper itself is written in a grammatically correct, clear and concise fashion, the website and accompanying materials here and elsewhere seem as if they were written by someone who's either not a native English speaker, or not a high school graduate. Regardless, it's a bad look for the ICO and the ecosystem in general if these issues are also not properly addressed before you begin to approach multi-billion dollar companies who are among the largest in the world to attempt to strike up useful and lasting business partnerships with them... Please attempt to answer these concerns with substantive responses, so considerate investors such as myself don't feel like we're being led down the path of the crying bagholder... ***Quoted text from Graft Whitepaper follows.*** "Offline Transaction Approvals
People familiar with payment card processing know that sometimes transaction can be approved by merchant without getting actual approval from the bank. This is called offline or local approval, or offline authorization, or sometimes S&F ("store and forward") as such offline authorization is forwarded to the server once the network is back online.
Crypto payments, however, assume that network is available 24/7, and there are no downtimes, which is not always true. In some situations, merchants take a risk and approve transactions locally because the risk of single chargeback is lower than the risk of losing multiple customers. Usually, there is a total limit amount for local authorization. After the system reaches this limit (the maximum risk), it stops issuing local approvals until the network is up again. But in case of short downtime, local authorization can go unnoticed to both cashiers and buyers.
Graft merchant point of sale app and single relay supernode will be able to process offline crypto transactions based on the same principle, if they cannot communicate to the authorization sample and get consensus, and the merchant is ready to take a risk. The decision about offline approval will be also based on buyer’s and supernode’s reputation scores." |
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Edwardard
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January 15, 2018, 04:12:57 PM |
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ICO starting in just a few days. Alright!. Get ready  |
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amacar1
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January 15, 2018, 05:39:43 PM |
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I did KYC but I didn't get any response over email. Can we get more explanation regarding ICO?
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posi
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January 15, 2018, 08:15:09 PM |
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I did KYC but I didn't get any response over email. Can we get more explanation regarding ICO?
You need to be specific more about the explanation you really need and I think you should check your junk folder for the email. However, you can find every information regarding the ICO on the ICO website. |
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amacar1
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January 15, 2018, 09:28:19 PM |
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So how can I know if my KYC was successful? I didn't get any confirmation (my junk is empty). Also will we get instructions for participating in crowdsale?
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graft-project (OP)
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UNIVERSAL PAYMENT BLOCKCHAIN
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January 16, 2018, 11:32:25 AM |
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Miners - join GRAFT Mining Group at Telegram: https://t.me/GraftMiningGroupThe mainnet is launching today! |
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flowbit
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January 16, 2018, 06:55:10 PM |
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Hey guys, if you want to mine on a fast and stable Graft pool, come to https://www.graftpool.onlineIf you prefere other choises, check the pdf in the Telegram Group  |
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Rinsend
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AZBI NETWORK - Multichain system
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January 16, 2018, 11:27:48 PM |
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ICO starting in just a few days. Alright!. Get ready I really hope graft can get great success. and expect token prices will continue to increase. so we can benefit greatly from purchasing token graft. for investors this is a very waiting time when ico starts |
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dayas02
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January 17, 2018, 09:00:41 PM |
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having issues creating a new wallet with the android wallet.
Network Error Socket operation timed out.
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flowbit
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January 17, 2018, 09:24:27 PM |
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Hey guys, just wanted to let you know that I have set up a Blockexplorer at http://blocks.graftpool.online. Cheers Michael |
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Sensemaster
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January 18, 2018, 12:11:01 AM |
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So the ICO starts tomorrow. Has it been confirmed how many GRF will be required for collateral in order to create a supernode? I know that the answer WAS 500 GRF but now because of the x100 changes there are almost 2 billion coins instead of 18 million, so I can only assume we need more. I am on the whitelist but I would really like to know the answer to this before I buy or else I won't know how many coins to buy. Can anyone from the team answer or does anyone else know the actual answer?
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bubislav
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World's First Crowd Owned Cryptocurrency Exchange
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January 18, 2018, 12:29:34 AM |
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So the ICO starts tomorrow. Has it been confirmed how many GRF will be required for collateral in order to create a supernode? I know that the answer WAS 500 GRF but now because of the x100 changes there are almost 2 billion coins instead of 18 million, so I can only assume we need more. I am on the whitelist but I would really like to know the answer to this before I buy or else I won't know how many coins to buy. Can anyone from the team answer or does anyone else know the actual answer?
50k for one node 100k for super node etc etc check out this video it.s explained pretty forward https://www.youtube.com/watch?v=BCB_OlIre8U |
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gwensarah1
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January 18, 2018, 02:07:53 AM |
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Any bounties for this project?? |
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LaserBadger
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January 18, 2018, 02:33:43 AM |
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Cant wait for the ICO to start
This looks really promising and i will follow the development of the grafthnet.
Maybe i could try mining also alnd in that way help the network..
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pinkflower
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January 18, 2018, 04:48:57 AM |
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I'm not too familiar with the NanoWallet. Do I need to buy some XEM to move my GRF tokens to the real Graft wallet once its available?Forgive me for asking a stupid question.
Some instructions on how to convert them would also be nice.
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posi
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January 18, 2018, 08:03:24 AM |
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So the ICO starts tomorrow. Has it been confirmed how many GRF will be required for collateral in order to create a supernode? I know that the answer WAS 500 GRF but now because of the x100 changes there are almost 2 billion coins instead of 18 million, so I can only assume we need more. I am on the whitelist but I would really like to know the answer to this before I buy or else I won't know how many coins to buy. Can anyone from the team answer or does anyone else know the actual answer?
The supernode protocol was 500 GRT NEM mosaic right before the x100 increased emission of GRF and The total supply was also increased from 18 *10^6 to 1.8 * 10^9. Therefore, I think the new require GRF for the supernode will be 50,000 GRF. Any bounties for this project?? Yes, you can join their Twitter campaign bounty and sign campaign bounty respectively https://bitcointalk.org/index.php?topic=2694817https://bitcointalk.org/index.php?topic=2443267I'm not too familiar with the NanoWallet. Do I need to buy some XEM to move my GRF tokens to the real Graft wallet once its available?Forgive me for asking a stupid question.
Some instructions on how to convert them would also be nice.
If XEM is the coin you want to use to buy the GRF coin. Yes, you need to buy some XEM to get your GRF token once the ICO is on and you can also use BTC,ETH and XMR if you don't know how to use the XEM wallet.
8Hrs 20Mins before the ICO start. |
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Crypto4K
Copper Member
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decentralize money
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January 18, 2018, 10:13:26 AM |
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REGARDING THE ICO!!! Will it be possible to define where the tokens will go to? What happens if someone sends f.e. from a Jaxxwallet?  |
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Judderz16
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January 18, 2018, 11:54:56 AM |
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Hey guys, if you want to mine on a fast and stable Graft pool, come to https://www.graftpool.onlineIf you prefere other choises, check the pdf in the Telegram Group Where can I get a wallet address from to mine to? |
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