[POR]⚡ELECTRONEUM⚡Official Moderated Thread

[BroganBloodstone]

What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.

It would have mooned had it not taken for what feels like forever now to get it working.

This is why I get annoyed at the dev team, they should be more prudent. Small coins with no ico money and little to no premine managed to fork before Monero, yet ETN devs took over a month and caused all this unneeded hassle. Electroneum needs to employ someone who understand how CN works so they can be a step ahead of the game, not 10 steps behind in my humble opinion.

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[BitPotus]

What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.

It would have mooned had it not taken for what feels like forever now to get it working.

This is why I get annoyed at the dev team, they should be more prudent. Small coins with no ico money and little to no premine managed to fork before Monero, yet ETN devs took over a month and caused all this unneeded hassle. Electroneum needs to employ someone who understand how CN works so they can be a step ahead of the game, not 10 steps behind in my humble opinion.

why do you think fluffy pony kept calling them out?

 

[JoenNL]

These blocks are taking forever to complete, i think its gonna be like 2 or 3 days more to normalize

Relax sweetheart, did u see the new 40Mh/s flowing to nanopool?

Ohh yeah baby, we are getting close

10 to go, just found a new block

[JCS-CCT]

Because there is not trading, the price is the same as before the fork.  Because the blockchain has been stalled for so many days, there may be a sell-off of the coin when transactions are flowing again.  I hope not.  If the price does drop, it should go back up as things stabilize.

Edit:  Maybe the ETN team will buy some of their own coin to prevent price drop?

[JCS-CCT]

10 to go, just found a new block

Cool!    Back below 180.  I hope the diff keeps dropping!

[contraband]

That is one thing that may turn some people off from ETN, is that there are some aspects that are centralized, one big example is the mobile miner.

I would also point out that ETN is a DECENTRALIZED blockchain.

The balance between the two, and getting the best of both worlds, is what I believe will one of the main factors that catapult Electroneum to cryptos first case of true mass adoption.

I get where you are coming from, but that's not how things work.

Either a project is decentralized or centralized, you can't be both in 1 project, easy as that.

And you can't split a project neither by saying the blockchain is decentralized but everything else is centralized, that's not how decentralized things work, seriously not.

To compare here an example: You can't be a non profit foundation and a profit coroporation in the same time by saying donations and volunteer work is done by the foundation part of our project and the profit making is done by the corporated part of the project. While your argument "getting the best of both worlds" holds true in theory, in practice it's just pure centralized, easy as that.

As soon as you have 1 centralized factor the others don't matter anymore.... And actually this factor is the "head", the most important factor of the whole project.

Feel free to correct me if i miss something.

Yes, you missed something lol

Kinda hard to say something cant be decentralized and have centralized aspects to it when its happening right before our eyes. So no, its not just "easy as that" sorry.

The very large majority of the miners decided/voted with their hashpower to follow the ETNs official chain just days ago. In Moneros case, this didnt happen and years back the community left the original developer of Monero by the majority mining on a chain that separated the community from the original developer.

This is an great example of decentralization.

This same decentralization is present with ETN today.

AND

We also see Richard having full control of the money raised, the mobile miner is centralized, and they have a patent on the Instant Transaction Tech.

So to say you cant have both is not true now is it?

We are witnessing it occur right here.

Its undeniable. The proof if right in front us.

This is part of the magic..

Its amazing when you think about it



** like I said, it may not be DECENTRALIZED ENOUGH FOR SOME, but there are aspects that are decentralized in the project.

Look at the spread hashpower of Bitcoin. That is a centralized part of Bitcoin that many dont like.

You can have both aspects in a project

[JoenNL]

And we got a new block found on nanopool, i also see the hashspeed is increased!
9 to go

[contraband]

What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.

I warned everyone just days before the fork right here that they shouldnt expect the price to rise.

The price will rise when our partnerships with companies with over 130,000,000 customers are actually exposed to Electroneum.

This is starting very soon, along with the FIRST MARKETING PUSH.

This is when you will see the price skyrocket

[new24core]

What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.

I warned everyone just days before the fork right here that they shouldnt expect the price to rise.

The price will rise when our partnerships with companies with over 130,000,000 customers are actually exposed to Electroneum.

This is starting very soon, along with the FIRST MARKETING PUSH.

This is when you will see the price skyrocket

We are on block 307566 so please explain why you have eased on the mining....

[JCS-CCT]

We are on block 307566 so please explain why you have eased on the mining....

Hopefully just nicehash contract expired and that they just need to renew.  The difficulty went back up a little.. maybe there is another problem.

[marinko9]

This is interesting - two blocks in a row 307568 and 307569 mined not by Nanopool!

[JoenNL]

This is interesting - two blocks in a row 307568 and 307569 mined not by Nanopool!

did u look at miningpoolhub? ah no its not them.. then i dont know who found the blocks, however.. Only thing what counts is the blocknumber, 5 to go!

[stfN2128]

What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.

I warned everyone just days before the fork right here that they shouldnt expect the price to rise.

The price will rise when our partnerships with companies with over 130,000,000 customers are actually exposed to Electroneum.

This is starting very soon, along with the FIRST MARKETING PUSH.

This is when you will see the price skyrocket

The fork was just a small needed step on a long journey. Only time will tell, i still believe in this project and i will hold at least 6 months more. 1 year should be enough to make a final decision to keep holding or sell.

[stfN2128]

I warned everyone just days before the fork right here that they shouldnt expect the price to rise.

The price will rise when our partnerships with companies with over 130,000,000 customers are actually exposed to Electroneum.

This is starting very soon, along with the FIRST MARKETING PUSH.

This is when you will see the price skyrocket

Has the Electroneum network back to its normal, stable condition yet?
Can I move my coins safely at the moment, contraband?

No - import of my paper wallet to online wallet is still pending.

[JoenNL]

I warned everyone just days before the fork right here that they shouldnt expect the price to rise.

The price will rise when our partnerships with companies with over 130,000,000 customers are actually exposed to Electroneum.

This is starting very soon, along with the FIRST MARKETING PUSH.

This is when you will see the price skyrocket

Has the Electroneum network back to its normal, stable condition yet?
Can I move my coins safely at the moment, contraband?

No, but should be every moment.

When it's that far, eveyrbody will knows about it, nobody needs to ask it

We need to mine 5 blocks with our computers, after that the blockchain will do the transactions again.


So everybody, put ur computer / rig on and let's mine ETN for the last few blocks

[xenomorphe1]

Any news? Difficulty of mining is almost the same as before.

[RivAngE]

A lot of talk about the "centralized" parts of Electroneum... but what really is centralization?

What I don't understand is why some of you call the MOBILE MINER centralized. It's distributing free ETN that the team was holding from the start. If nothing else, it's a marketing move that decentralizes the network by reducing the amount of coin held by the team and distributing them to phone users.

[new24core]

Any news? Difficulty of mining is almost the same as before.

Just three more block before the difficulty starts to drop!

[JoenNL]

Any news? Difficulty of mining is almost the same as before.

Just three more block before the difficulty starts to drop!

That's not true, its 2 more blocks ^^

[new24core]

Any news? Difficulty of mining is almost the same as before.

Just three more block before the difficulty starts to drop!

That's not true, its 2 more blocks ^^

One now ;-)