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Question: 1337 Final APR. 13.37% was originally planned but to keep coin supply in check and improve coin value, we are proposing 1.337%. But we would like to hear from you all as your opinion matters.
13.37% (Old Final APR)
1.337% (New Final APR)

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Author Topic: [ANN] Elite [MANDATORY UPDATE] 1.337% APR | POS ONLY  (Read 51032 times)
JustMe22
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May 28, 2018, 09:04:59 AM
 #921

Oh dear.. 1.337 per year?  Huh How long does it take for staking maturity?

Yeah indeed is low, with no masternode high rewards this is not very appealing to investors.
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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May 28, 2018, 08:07:22 PM
 #922

hi guys


what is the size of the blockchain now?

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May 28, 2018, 11:07:48 PM
Merited by xenonflux (1)
 #923

hi guys


what is the size of the blockchain now?

Its now over 1 gb

Quote
Yeah indeed is low, with no masternode high rewards this is not very appealing to investors.

Yes I think a lot of people got out once the APR went down however something needed to happen to help lower inflation as it was going to get out of control at some point down the road. Masternodes still may be an option in the near future and hasn't been counted out yet. Hopefully once the minecraft servers are up and running, then we might see the price come up a little but until then it may stay like this for a while.



.
.BIG WINNER!.
[15.00000000 BTC]


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xenonflux (OP)
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May 29, 2018, 04:04:31 PM
 #924

@everyone We would like to hear any ideas or suggestions you may have regarding first Elite game tournament. We would like to hear from you on these areas: game (choosing a free game or easily accessible game could give everyone a fair chance), prize, selection basis etc. Please submit your ideas/suggestions here or email them to 1337foundationhelp@gmail.com. Cheers!

Elite Coin | Donate to support development
1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
eva3059
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June 01, 2018, 11:02:53 AM
 #925

Elite was originally assigned? Is a  mining? Or airdrop? ICO?
loughlin
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June 01, 2018, 05:49:20 PM
 #926

hi guys


what is the size of the blockchain now?

Its now over 1 gb

Quote
Yeah indeed is low, with no masternode high rewards this is not very appealing to investors.

Yes I think a lot of people got out once the APR went down however something needed to happen to help lower inflation as it was going to get out of control at some point down the road. Masternodes still may be an option in the near future and hasn't been counted out yet. Hopefully once the minecraft servers are up and running, then we might see the price come up a little but until then it may stay like this for a while.

There is the talk of masternode possibilities here. Are there any suggestions what will be collateral for Elite MN?
Now with very, very low APR reward, I do not have too much interest to hold this coin. Price is now very low, and it's not the time to sell, but i don't like if I have the coin and almost forget for them.
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June 01, 2018, 08:03:07 PM
 #927

Elite was originally assigned? Is a  mining? Or airdrop? ICO?

Hi, there is no airdrop or ICO. You can purchase Elite through exchanges and stake. For more info, please visit our official website https://www.elitecurrency.net

Elite Coin | Donate to support development
1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
xenonflux (OP)
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June 01, 2018, 08:04:19 PM
 #928

hi guys


what is the size of the blockchain now?

Its now over 1 gb

Quote
Yeah indeed is low, with no masternode high rewards this is not very appealing to investors.

Yes I think a lot of people got out once the APR went down however something needed to happen to help lower inflation as it was going to get out of control at some point down the road. Masternodes still may be an option in the near future and hasn't been counted out yet. Hopefully once the minecraft servers are up and running, then we might see the price come up a little but until then it may stay like this for a while.

There is the talk of masternode possibilities here. Are there any suggestions what will be collateral for Elite MN?
Now with very, very low APR reward, I do not have too much interest to hold this coin. Price is now very low, and it's not the time to sell, but i don't like if I have the coin and almost forget for them.

Hey, still exploring the possibilities. I will let you guys know when an update is available on this matter.

Elite Coin | Donate to support development
1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
xenonflux (OP)
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June 01, 2018, 08:04:37 PM
 #929

@everyone FAH payout details for this week https://www.reddit.com/r/1337Foundation/comments/8nuzf4/fh_payout_update_06012018/

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1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
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June 08, 2018, 04:29:55 PM
 #930

@everyone FAH payout details for this week https://www.reddit.com/r/1337Foundation/comments/8plbjv/fh_payout_update_06082018/

Elite Coin | Donate to support development
1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
jeffthebaker
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June 13, 2018, 01:18:41 AM
 #931

Has there been much update on the Minecraft server? Patiently awaiting its release Cheesy
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June 14, 2018, 07:04:20 AM
 #932

As what I know, The coin is pure POS. He's referring to folding at home project
This has of course nothing to do with POW..
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June 14, 2018, 04:00:03 PM
 #933

Has there been much update on the Minecraft server? Patiently awaiting its release Cheesy

Hey..its coming along well. Will keep you guys posted.

Elite Coin | Donate to support development
1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
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June 15, 2018, 04:06:10 PM
 #934

@everyone FAH payout details for this week https://www.reddit.com/r/1337Foundation/comments/8rc3qf/fh_payout_update_06152018/

Elite Coin | Donate to support development
1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
Rocto
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June 16, 2018, 10:12:26 PM
 #935

Well till the cryptomarket recovers again this will be a boring crypto year. Sad not much price action anywhere if btc stays below 10k
Nice to hear the minecraftserver is being prepared.  Grin
Lets play and have fun while crypto recovers.  Cool
Stay elite!
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June 17, 2018, 06:01:11 PM
 #936

Has there been much update on the Minecraft server? Patiently awaiting its release Cheesy

Hey..its coming along well. Will keep you guys posted.

Wonderful! I've been playing Minecraft for years and still come back to it each summer with my old group. Really excited to earn and trade 1337 on the server!
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June 22, 2018, 04:50:23 PM
 #937

@everyone FAH payout details for this week https://www.reddit.com/r/1337Foundation/comments/8t2udi/fh_payout_update_06222018/

Elite Coin | Donate to support development
1337: LeetDevFpGxwdbqcmQbNZAikqqRPBRRZP8 | BTC: 17tuXyRsDEBQrZT99JGsubb6N8sh547XvX | ETH: 0x01E363B7aC2E78EFFa597B0D9eBC50775468C720 | LTC: LXjtkT4ukNqhrRQHufah3aQLqjuJpbZctT
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June 25, 2018, 10:32:55 AM
Merited by xenonflux (1)
 #938

Hi! I am very interested in your project, I would like to take part in it

You are very welcome to. Join our discord and get involved with the community: https://discord.gg/BsMJ9y

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June 27, 2018, 01:34:41 AM
Merited by xenonflux (1)
 #939

Hi! I am very interested in your project, I would like to take part in it

You are very welcome to. Join our discord and get involved with the community: https://discord.gg/BsMJ9y

Hello everyone, I am new and just bought few elite coins. I have created a Facebook group called "elite 1337 coin owners" please join this Facebook group to help keep it alive and discuss or help each other out with questions and answers. Thanks
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June 27, 2018, 10:21:23 PM
 #940

Is it normal that Elite wallet terribly kills the performance of my computer?
He takes all of the rest my free CPU and memory resources.
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