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Author Topic: [ANN]Metaverse|decentralised open platform of digital assets & digital identity  (Read 66966 times)
imtav
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November 08, 2017, 04:36:02 PM
 #221

Ok, so I’ve seen questions about freezing period not equaling the number of days that the wallet said, and I originally just shrugged it off. But I’ve since done the math, and now I have questions. When I froze my funds for 30 days, it showed in my ledger that the funds would be unfrozen roughly 110,000 blocks into the future (I’m not at home, so can’t see exactly how many, but after a couple days it was still at 100,000+ blocks before unfrozen). So let’s call it 100,000 for sake of argument. With 33 second blocks that means each block is 0.55 minutes, so 100,000 blocks needs 55,000 minutes to be mined. 55,000 minutes = 916.667 hours = 38.19444 days.

So even using the conservative estimate of 100,000 blocks (remember, after 2 days of funds being frozen, I still had over 100,000 blocks left to go) for the 30 day period, we clearly see that it’s not actually 30 days.  How was this calculated and implemented in the wallet? I’m no genius, and I can very easily see that the formula used doesn’t equal the number of days stated in the wallet. Please explain.

imtav wallet calculates the freeze time according to the theoretical block time in whitepaper which is 24 seconds. POW difficulty algorithm on the other hand (looks like) targeting 30 seconds block time. Which causes the problem so roughly: actual freeze time = (30/24) x theoretical freeze time. (that is 20% more than promised)

They can do two things to fix this:
a- calculate the number of blocks required with a 30 second block timer. (This won't help coins already frozen, will only fix future freezes)
b- change the difficulty algorithm so it targets 24 seconds, this will fix all past and future

Even if the information shown in the wallet were more accurate, I would also feel that is a suitable fix.  Put # of blocks that coins will be frozen for, and then have an estimated time beside that.  Even if that estimate is 38 or 41 days, etc, it would help people make more informed decisions when it came to freezing their own funds.
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November 09, 2017, 01:00:50 PM
 #222

If they never added 10million coins we would be around $6 now did anyone know they were about to dump on the market? because i didn't, i thought they had a lock up period???
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November 09, 2017, 07:03:48 PM
 #223

ETP 4$ again , easy 10$ before 2018  Cool

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metaverse-project (OP)
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November 10, 2017, 07:25:21 AM
 #224

Metaverse ETP is listed on CEX


Metaverse ETP now is available for trading on CEX, which can be traded with BTC and ETH.
Go and trade ETP on CEX.COM !

metaverse-project (OP)
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November 10, 2017, 07:28:46 AM
 #225

Answer to Recent Concerns

Q&A
Metaverse ETP

Q: What is the market cap and circulating supply of Metaverse’s ETP?
A: The numbers are as follows: The total circulating supply is 36.29million = ICO (25million) + Metaverse Foundation investments (5.6million) + mined ETP (5.69million).
Market cap = circulating supply (36.29 million) + ETP held by the Metaverse Foundation (19.4 million) = 55.69 million. This information can also be checked on the explorer at https://explorer.mvs.org/#!/
As for the difference between Coinmarketcap’s and the blockchain explorer’s figures: please refer to https://coinmarketcap.com/faq/, which explains how they calculate market cap. The market cap shown on Metaverse’s blockchain explorer takes into account the 19.4 million ETP still held by the Metaverse Foundation, while CMC distinguishes between circulating and total supply.
 
Q: Why is the circulating supply of ETP increasing?
A: Because ETP is continuously being mined, newly mined coins are added to the circulating supply.
 
Metaverse Project

Q: What is the ZenAir project?
A: ZenAir is a business travel company that was set up independently of Metaverse. ZenAir planned to use Metaverse’s digital identities and assets to make their business blockchain ready. As explained in the previous section, plans to restart the collaboration between ZenAir and Metaverse have no relation to the recent increase in ETP circulating supply displayed by Coinmarketcap.
In the future, more and more third parties will build their project based on Metaverse blockchain platform.
 
Metaverse Wallet

Q: How to calculate the block number at which deposits are unfrozen after depositing ETP in the Metaverse Wallet?
A: Suppose the deposit transaction is initiated at block 'a' and the number of blocks corresponding to a 7-day deposit duration is 'b', then the deposit will be unlocked at block 'a + b'. Details will be reflected in the developer documentation.
 
Q: Why is the unfreezing block time not equal to the number of days displayed in the wallet?
A: The number of days displayed in the wallet is calculated using the theoretical block speed - 24 seconds, but in practice the block speed is ~32 seconds, making the locking period roughly 20% more than the number of days displayed on the wallet. This issue will be fixed in the next version.
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November 10, 2017, 11:18:47 AM
 #226

Progress Report — ( 30th Oct. 2017 — 10th Nov. 2017)

Introduction
Metaverse is a public blockchain project that aims to provide decentralized services based on digital assets, digital identity and value intermediaries in order to build an open ecosystem in which digital value can be freely circulated. Detailed information can be found in our white paper.

Fortnight in Review
Trading Platform
We are excited to announce that Metaverse is now trading on HitBTC and CEX.com.

HitBTC is a global cryptocurrency trading platform based in Europe and has been in operation since 2013. It is one of the largest platforms by trading volume, features real-time clearing and advanced order matching algorithms, and has been acclaimed for its fault-tolerance, uptime and high availability.


CEX uses 100% margins and separate hot and cold wallets to ensure the safety of users’ capital. In addition, CEX uses SSL and dynamic authentication to ensure transaction security.

OpenLedger has re-enabled ETP deposits and withdrawals, please refer to the announcement from OpenLedger

Development
Light Wallet Development Progress
Metaverse has released an open beta for an upcoming light wallet. Light wallets make it easier for users to transact and check their balances. Interested candidates started the testing on 9 Nov 2017.
Explorer Development Progress
Fixed bug which caused discrepancies between the nonce values displayed by the Metaverse explorer and the wallet for some blocks.
Metaverse Wallet (MVSD)
-Add “broadcast transaction command”, which enables the web wallet to broadcast transactions on the network.
-“Offline signing” feature is under development.
-We have created a regularly updated list of FAQs for the Metaverse wallet. You can find it on reddit.

Partnerships
Metaverse has established a partnership with Aion focusing on cross-chain digital assets and Oracles. Aion is a multi-tier blockchain system designed to address the issues of scalability, privacy and interoperability in blockchain networks.

Community Events
Soliciting Articles
We’ve seen many videos and in-depth analyses about Metaverse and we believe that many more interesting perspectives have yet to be shared. As such, Metaverse has launched a long-running community event that will reward content creators — find the details here!

Other information
-CEO Eric Gu recently gave an interview in Dubai. Find the full video here.
-Metaverse has released an official reply in response to recent queries about ZenAir and the amount of ETP in circulation. Please find it at reddit.

Follow us and keep up with the latest news on Facebook, Twitter, Reddit, Slack or Telegram!
Facebook: https://www.facebook.com/mvsofficial/
Telegram: t.me/Metaverse_Blockchain
Slack: https://metaverse-project.herokuapp.com
Reddit: https://www.reddit.com/r/Metaverse_Blockchain/
Twitter: https://twitter.com/mvs_org
Github: https://github.com/mvs-org/metaverse
revelacaogr
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November 13, 2017, 09:30:28 PM
Last edit: November 13, 2017, 09:57:54 PM by revelacaogr
 #227

Cicero Report - Professional Analysis of Metaverse
by ciceroreport
https://www.reddit.com/r/Metaverse_Blockchain/comments/7cmten/cicero_report_professional_analysis_of_metaverse/
https://www.ciceroreport.com/uploads/1/5/8/0/15807810/cicero_report_13_nov_2017.pdf

Cicero Report Publication: 13 November 2017


Introduction
Metaverse is the first China blockchain built based on the Proof of Work (“PoW”) consensus mechanism. Its founder is Eric Gu, who was also a co-founder of Neo, formerly known as Antshares.
Vision and direction
Metaverse is a decentralized platform that aims to redefine digital identities and smart assets through building a web of Smart Properties using the blockchain technology.
The universally unique and self-sovereign identities reside within the peer to peer network, which will primarily power all decentralized applications or smart contracts in the near future. The project imagines a blockchain in which people, organizations and institutions can transact with each other in an open ecosystem where digital value can be circulated freely.
To authenticate the digital asset transactions on the blockchain against real world assets, Metaverse plans to introduce intermediaries called Oracles. In essence, Metaverse aims to be the Chinese substitute for Ethereum where intermediaries will be parties whose vested interest lies in the kind of transactions taking place over the public blockchain.
Digital identities
Metaverse aims to allow users to build their own digital identity on Metaverse where records will last permanently on the blockchain. This is opposed to the anonymity that most other blockchain projects aim to achieve. The Metaverse team also actively dialogues with Chinese regulatory bodies to fulfil the necessary regulatory compliance.
Oracles
Oracles are intermediaries built on a decentralised reputation system. They act as links between Metaverse and the real world. This will enable greater participation from companies to join the Metaverse ecosystem........
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November 13, 2017, 10:13:05 PM
 #228

Seems like you need to download blockchain history in order for the balance to show up in the wallet.

I used openledger.io wallet, but unfortunately the funds never showed up even though explorer.mvs.live shows the balance. It's a black hole for ETP  Embarrassed

Just a heads up that openledger.io ETP deposits/withdrawals works again. Props to the openledger devs that worked hard to solve this problem. Openledger.io is heavily underrated Smiley
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November 15, 2017, 11:08:47 AM
 #229

Metaverse Foundation Bounty Program

https://www.reddit.com/r/Metaverse_Blockchain/comments/7ct6wx/metaverse_foundation_bounty_program/


In accordance with the mission of the Metaverse Foundation, a portion of the ETP held by the foundation will be used to incentivize developers and marketing personnel who contribute to the development of the Metaverse community. Based on Metaverse’s development needs, core members of the Metaverse Foundation have designed a bounty program for developers and community contributors.
Developer Bounty (long-term)

1. Submit an MIP and have it accepted. (For details about the submission process, please refer to relevant information on Github: https://github.com/mvs-org/mips)
2. Actively participate in discussions about existing MIPs proposed by Metaverse’s core developers and provide proof of concepts, specific implementation plans or code during the development process.
3. Find a bug as well as an effective solution. Guidelines are as follows:
A. Provide a clear description of the bug and its properties, including the type of bug and how to reproduce it B. Provide a complete set of steps to reproduce the bug, including test code and test description C. Provide high-quality fixes for the bug, including the code and a clear description of the method
Community Contributor Bounty (tentative)

1. Contributors must have sufficient knowledge about the Metaverse project, be able to help manage Metaverse communities on various social platforms and answer questions asked by users in a timely and accurate manner.
2. Help Metaverse expand communities in non-English speaking countries and actively participate in their management.
3. Translate official information provided by Metaverse to less common languages and disseminate it to non-English native speakers/non-Chinese users to make it easier for them to use Metaverse’s products.
4. Create high-quality content according to official information provided by Metaverse, including but not limited to videos and articles, and attract relatively large amounts of traffic.
For details about how to contribute content to Metaverse, please refer to: https://medium.com/@mvs_org/metaverse-community-soliciting-articles-257990c67583
Bounty sizes

The Foundation rewards participants based on the priority of the need and an assessment of the quality of the work. 1 point currently corresponds to 1 USD (payable in ETP), and the ETP/USD exchange rate used will be the 5-day average rate on Coinmarketcap on the day the reward is given.
Level 1: Provide an idea that helps the project to an extent.
Reward 1-20 points
Level 2: Provide important opinions and plans regarding existing problems and make an attempt to implement a solution
Reward 21-200 points
Level 3: Assist in the resolution of problems and do everything in one’s power to provide help and resources.
Reward 201-500 points
Level 4: Propose innovative ideas about plans or solutions to a problem that speed up its resolution, contributing to community development.
Reward 501-1000 points
Level 5: Play a leading role in the resolution of specific problems, maintaining the environment and smooth operation of the community.
Reward 1001-1500 points
Level 6: Make significant contributions to community development and play a decisive role in key issues.
Reward 1501-6000 points
Notes

1. The Foundation will not award contributors if the bug or operational issue is known to the Metaverse team and has been addressed.
2. Users who submit problems without providing a concrete plan that can be implemented will not be rewarded.
3. In principle, we only reward the first person to propose a particular development or community operations solution. However, we will also consider rewarding users who propose better solutions or supplement the earlier proposal.
4. Bounties will be payable in ETP. The specific bounty amount will be decided according to Metaverse’s development and the price of ETP. The Foundation reserves the right to adjust the reward plan and bounty amount at any time.
5. All relevant activities of users who apply for bounties are bound by the law (including but not limited to the laws of the host country and relevant international treaties) throughout the course of participation. The Metaverse Foundation is not responsible for all legal risks arising in the course of the activity. Bounties will be awarded at the sole discretion of the Metaverse Foundation.
6. The Foundation reserves the right not to reward contributors with good intentions whose actions resulted in negative outcomes.
Bounty query

The reason, quantity and address for reward will be disclosed on the Metaverse Foundation’s official website. Users can query these transactions through the block explorer.
Foundation Address: MSCHL3unfVqzsZbRVCJ3yVp7RgAmXiuGN3
Explorer transaction query: https://explorer.mvs.org/#!/adr/MSCHL3unfVqzsZbRVCJ3yVp7RgAmXiuGN3







Hazara
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November 15, 2017, 11:50:47 AM
 #230

I m not so technical but I have invested a lot in this project just as speculation and not the technology, and I don't have no weak hand cus I have hold it for so long now having 58% loss.
I want to dump it for other tokens growing fast at the moment,  any good news coming in soon which ll show us some green candels or should I dump now?
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November 15, 2017, 01:20:06 PM
 #231

I m not so technical but I have invested a lot in this project just as speculation and not the technology, and I don't have no weak hand cus I have hold it for so long now having 58% loss.
I want to dump it for other tokens growing fast at the moment,  any good news coming in soon which ll show us some green candels or should I dump now?

I think there may be small red/green candles based purely on speculation in short term, but I am not expecting the big price jump before may/june 2018.

When I say big, I don't mean $5 I am looking for $40 hoping for $100 Cheesy

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November 17, 2017, 01:21:14 AM
 #232

I think the most underrated aspect of this project is sending digital assets like currency. It makes things so much simpler. Smart contracts will only be developed for more complicated transactions. K.I.S.S. Keep It Simple Stupid.

Also this is not as popular outside of Asian countries yet so there is still large potential for growth.
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November 17, 2017, 10:01:10 AM
 #233

Metaverse To Attend the 8th Caixin Summit

https://medium.com/@mvs_org/metaverse-to-attend-the-8th-caixin-summit-6667530bffd5

Metaverse has been invited to attend the 8th Caixin Summit held by Caixin Media from Nov 15–17, 2017.
This summit is sponsored by Caixin Media and Caixin Insight, and is co-organized by Bank of China (BOC), Industrial and Commercial Bank of China (ICBC),Ant Financial and Ping An Group. Distinguished guests will be present at the Summit to jointly discuss the theme of “Reform Revitalized”, including Hu Shuli, Founder & Editor-in-Chief of Caixin Media; Carrie Lam Cheng Yuet-ngor, current Chief Executive of Hong Kong; Zhu Min, Chairman of the National Institution of Financial Research at Tsinghua University, and former President of the European Central Bank, Jean-Claude TRICHET, Chairman of the Group of 30 and former Deputy Managing Director of IMF.
Steven Chu, the 12th United States Secretary of Energy and the recipient of the Nobel Prize for Physics (1997), Huang Qifan, Vice Chairman of the Financial and Economic Committee of the NPC, Lord Adare Turner, former Chairman of the UK Financial Bureau, Tu Guangshao, Vice Chairman and General Manager of China Investment Corporation and Wang Shi, Chairman of Vanke Public Welfare Foundation and founder of Vanke Group will also participate in the summit...........



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November 18, 2017, 11:29:27 AM
 #234



Metaverse ETP solo pool is now available!

https://comining.io

Low fee
Nicehash support
Stratum protocol compatible

everyone with 200Mh/s and more are welcome!




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November 18, 2017, 01:22:17 PM
 #235

Hello everybody, I'm quite confident in Metaverse and would like to invest in it, but I'm not on Bitfinex

Do you know if the team has any plan to add it on Bittrex ? Or Kraken ?

Thanks Smiley

Vous voulez une Lambo ? Investissez dans le YENTEN : https://bitcointalk.org/index.php?topic=2706079.0
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November 20, 2017, 01:07:03 AM
 #236

I m not so technical but I have invested a lot in this project just as speculation and not the technology, and I don't have no weak hand cus I have hold it for so long now having 58% loss.
I want to dump it for other tokens growing fast at the moment,  any good news coming in soon which ll show us some green candels or should I dump now?

I think there may be small red/green candles based purely on speculation in short term, but I am not expecting the big price jump before may/june 2018.

When I say big, I don't mean $5 I am looking for $40 hoping for $100 Cheesy

What specifically happens in May/June 2018 that makes you set that as the timeline for price success?

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November 20, 2017, 03:23:29 AM
 #237

I m not so technical but I have invested a lot in this project just as speculation and not the technology, and I don't have no weak hand cus I have hold it for so long now having 58% loss.
I want to dump it for other tokens growing fast at the moment,  any good news coming in soon which ll show us some green candels or should I dump now?

I think there may be small red/green candles based purely on speculation in short term, but I am not expecting the big price jump before may/june 2018.

When I say big, I don't mean $5 I am looking for $40 hoping for $100 Cheesy

What specifically happens in May/June 2018 that makes you set that as the timeline for price success?

the development for biggest features will start in as soon as January, and on paper the plan is get these ready for end of April. Being a software developer myself, I know how these "deadlines" work Smiley So I expect these changes to hit on May or more likely June, July worst case scenario? The changes are very big and will require a hard fork at the time.


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November 20, 2017, 10:37:59 PM
 #238

pnbamania is a liar and is currently DDoSing  metaverse.farm because his pool is effectively stealing over half the rewards. His block payout is less than 2.85 and he charges extortionate fees. His image shows my payouts, which I paid for with nicehash. I have the CSV available and you can confirm this with nicehash.

STOP MINING AT CRYPTOPOOLPOND... SCAMMER

HERE ARE THE CSV EXPORTS https://ufile.io/9j8ey

PNBAMANIA IS SCAMMING YOU BY STEALING NEARLY 2%

AT METAVERSE.FARM YOU EARN NEARLY TWICE AS MUCH PER GH

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November 22, 2017, 06:55:57 AM
 #239

I dont know what you guys drink but we posted this info on 25 october. Why all pools still not fixed this problem? I can confirm that in the past there was a problem with cryptopoolpond, they did not pay correct amount to miners.
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November 22, 2017, 10:27:27 AM
 #240

The Metaverse Light Wallet Beta is live!



The Metaverse Light Wallet Beta is officially live as of today. This wallet provides a simpler and more convenient way to receive and manage one’s assets on the Metaverse Blockchain.

The Light Wallet has five key features:
-   Provides safe, convenient, simple and stable wallet services
-   Doesn’t require installation of a client – the wallet is accessible through the website
-   Doesn’t require the wallet to download the entire blockchain to send and receive assets
-   Supports import of private keys
-   Customizable user interface

The release of the Light Wallet provides investors with a much more convenient method of sending and receiving assets. Users who have not previously registered a Metaverse Wallet account may use the Light Wallet to register a new account, while users who already have an existing full-node Metaverse Wallet account can log into the Light Wallet using their account mnemonic.


The Light Wallet’s code is completely open source. In subsequent versions, to better cater to our users’ needs, the Metaverse Light Wallet will gradually provide more functions and language options as well as release an app.
Try Metaverse light wallet at: https://www.myetpwallet.com/

The Metaverse Light Wallet was released for beta testing on 9 November, 2017. We would like to extend our thanks to the following users, who enthusiastically participated in the testing phase and provided invaluable feedback:
Blauni, Claudia, Deano,感悟人生,Elaine, Gordon, itachi, Johnwaltonvi, Jonathanlimwj, King Ramaldo , Mixterz, nedievas, pnbamania, Satya, Spencer, Stevey, Verma,小杨
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