[POR]⚡ELECTRONEUM⚡Official Moderated Thread

[stfN2128]

It would be interesting to see the instant payment system compared to Digibyte. This coin is also fast as hell.

No, it is really not. DGB is getting beaten by faster competition. It is an old coin that never grew significantly in price either. ETN is much better.

Are you kidding me? You wanna tell me this isn't fast? I guess you should do a little bit more research, just btw... price of Digibyte is much more stable as the price of electroneum.
I`m holding 15x more electroneum than Digibyte. But we need to be still critical, thats why i`m asking

[sud]

Well, ETN isn't fast, confirmations on blockchain are pretty slow to be honest. This payment system is working off-chain, that is why it can do instant transactions.

[dogtana]

It would be interesting to see the instant payment system compared to Digibyte. This coin is also fast as hell.

No, it is really not. DGB is getting beaten by faster competition. It is an old coin that never grew significantly in price either. ETN is much better.

Are you kidding me? You wanna tell me this isn't fast? I guess you should do a little bit more research, just btw... price of Digibyte is much more stable as the price of electroneum.
I`m holding 15x more electroneum than Digibyte. But we need to be still critical, thats why i`m asking

I am not interested in videos, but thecnical data. 560 tps is a joke these days. Wake up and smell the coffee.

[manipurkatv]

I read that we can fall to 1 satosh? is it really that bad with this coin

[GoldenOrder]

In what way will there be KYC?

There is a video about the KYC and they're plans on the Electroneum Facebook page.

In short they are integrating Yoti(a KYC service) with the wallet and it will be mandatory in a month or so.

This is indeed great news!

No, its NOT great news. Stop lying to the people. Nobody wants to do KYC just to use a crypto. This is just going to kill ETN. There is no way this will be mass adopted now. Nobody outside ETN will bother to do KYC just to use ETN, let alone people outside of the crypto world. This is a HUGE step back. Stop deceiving people telling them this is great news, all the contrary. Why did you hard fork from monero then?.

The ridiculous excuse for using KYC is that "big companies will make deals with ETN" "more partnerships" blah blah blah... but you are missing the most important part... PEOPLE WONT FILL KYC TO USE ETN. At least nobody outside ETN community will bother. Stop lying to your investors telling them this is a huge step towards mass adoption, it is not!.

You raised 40 million dollars and your blockchain is still slow and with many bugs. Just take a look at the ETN forums and channels, transactions are taking hours and even days. What a shitshow.

[new24core]

I read that we can fall to 1 satosh? is it really that bad with this coin

There is so much Fear, Uncertainty and Doubt, often shortened to FUD, around at the moment as people are worried about their precious coins not bearing well at the moment. Hence you will have owners from other coins coming into this forum and throwing rocks.  People tend to focus on the exact technical detail of the coin but the following story proves that it is not all about the tech :-

https://en.wikipedia.org/wiki/Videotape_format_war

You should only be worried when there is no development and that is a clear sign that a coin is in trouble.  ETN is slowly but surely pushing forward with their development plans so you have nothing to worry about.  People will drop into the forum and pick holes and throw rocks but this is part of the game.  The smart people will listen and learn as crypto is still not fully mature so enjoy the ride.

Some crypto people on this forum are fickle as they are new, invest in another coin or lack the maturity.  At the moment ETN is relatively solid coin in a volatile market.  Remember to take most comments on this forum with a pinch of salt and try to stay objective.

With that all being said only invest what you can afford to lose and have fun!

[jtalk]

That is true this sudden move on KYC has created fear and disappointment in ETN holders. This makes no sense to introduce KYC at this stage this way. I do agree that crypto is for freedom and maximum privacy and lot of people will leave the project. One way can be to introduce KYC for those who want to make instant payments but those holders should be exempted from this requirement.

[CharlieCox]

The ridiculous excuse for using KYC is that "big companies will make deals with ETN" "more partnerships" blah blah blah... but you are missing the most important part... PEOPLE WONT FILL KYC TO USE ETN. At least nobody outside ETN community will bother. Stop lying to your investors telling them this is a huge step towards mass adoption, it is not!.

This is so true. I'm with this community pre-ICO, however I will just transfer my ETN to an exchange. I'd rather send my ETN to an (unsafe) exchange than send my personal documents to a random bloke in the UK. Moreover, since I won't be using Electroneum's mobile wallet, I'll just delete it from my phone.

There goes your mass adoption, great job team.

[new24core]

This good thing about this forum is that you can speak your mind.  I am a firm believer that if you don't like something then you should leave.

[Daltonik]

Mining on android does not work as before hashrate considers the balance in the wallet does not change.

[GoldenOrder]

This good thing about this forum is that you can speak your mind.  I am a firm believer that if you don't like something then you should leave.

Yeah, good thing ETN mods cant control this forum, otherwise we would be banned for saying the smallest criticism. Try saying what I said in the ETN Telegram channel, you wouldnt last 5 minutes before getting banned.

[new24core]

Mining on android does not work as before hashrate considers the balance in the wallet does not change.

I would try logging into the website and remove the device and re-add the device by logging in on the phone.

[dogtana]

That is true this sudden move on KYC has created fear and disappointment in ETN holders. This makes no sense to introduce KYC at this stage this way. I do agree that crypto is for freedom and maximum privacy and lot of people will leave the project. One way can be to introduce KYC for those who want to make instant payments but those holders should be exempted from this requirement.

I disagree. People are happy go lucky leaving their personal info everywhere. And they looove taking selfies too. How do you think FB affair happened? It wil be fine

[aussie-revhead]

Do any of you guys with X3's have trouble keeping your hash rate up? I connect to any pool, it hashes fine for a while then I lose hash rate until its at zero, I then have to reboot my X3's to get it back up again .

 

[Ano]

Is there any details regrading KYC issue who are not ICO investors what should they have do. So many people on more high price and now they are afraid because this strange condition. What solution they will provide for those?

[kepas]

Do any of you guys with X3's have trouble keeping your hash rate up? I connect to any pool, it hashes fine for a while then I lose hash rate until its at zero, I then have to reboot my X3's to get it back up again .

 

your X3 is now a brick,  it's simple.

[new24core]

Do any of you guys with X3's have trouble keeping your hash rate up? I connect to any pool, it hashes fine for a while then I lose hash rate until its at zero, I then have to reboot my X3's to get it back up again .

 

your X3 is now a brick,  it's simple.

I have no X3 specific but I have been mining for some time.  I suspect there is either a heating issues or power issue.  I would go for the former issues first and check the external fan/s.  Can you re-position the X3 in a cool spot to prove the theory.  If it is a heat issue then you will need to move into the next stage.  Hope this helps!

[Hullo]

This forced KYC requirement isn't going to bring good to project. Last night I logged in to my account to move coins but couldn't access anymore. It was said your account is being migrated to instant payment which doesn't seem normal. They could allow people to use the way they want before the KYC starts. Now it is like forced and obligation for everyone which will bring distrust to the project.

[Green999]

I read that we can fall to 1 satosh? is it really that bad with this coin

I do not believe that now I personally. But as we know in this market everything is possible and anything can happen.

[Che6ir61]

In some cases, virtual securities are shares and give right to vote for investment initiatives in the organization or making its own proposals for consideration of assets.