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Author Topic: [LAUNCHED][POW]⚡ELECTRONEUM⚡Official Moderated Thread  (Read 192292 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (16 posts by 7 users deleted.)
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July 09, 2019, 02:45:33 PM
 #8241

New partnership
https://www.tronweekly.com/electroneum-partners-paycent-appycent-app/amp/
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July 09, 2019, 04:11:36 PM
 #8242

Guys, can someone tell me what i have to do when i'm using only cli wallet? Same thing as usual? just update the wallet and resync the blockchain datas?

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July 09, 2019, 07:00:15 PM
 #8243


Richard decided to mine his own cryptocurrency himself?

I want to mine etn - how can I mine it?Huh

There are fundamentally different kinds of centralization. ASICs are extremely special hardware, and their manufacturers NEVER sell them while the mining process by their own ASICs is profitable. So, actual degree of centralization equals to number of ASIC manufacturers in this case. Furthermore, because ASIC manufacturing is a very narrow niche, typically just One ASIC manufacturer of ASICs, designed for specific mining algorithm, remains on the market after short competition wars. Thus degree of centralization become One. Might you know, Bitcoin is heavily centralized, because number of Bitcoin ASICs manufacturers (that ASICs are still effective for mining against current price) ~ 1.

We, the Monero community, the Ethereum community, and many other coins' communities, DENY such a degree of centralization. We want every single man can enter the mining market with relatively cheap COMMON equipment to be bought in almost ANY local store right now. Today, common equipment is CPU and GPU. That's all.

Of course, low degree of centralization will take place with common equipment too. But the nature of this centralization is conceptually different. That degree depends on (and only on) the Free Desire of Every Single Man to buy COMMON equipment in ANY local store and point it to mine Monero. Historically, before ASICs came to the scene, Monero mining was one of the most DEcentralized among all cryptocurrencies. There are many surveys one can google for.

So, "the form of centralized GPU hubs, created by wealthy miners", as you wrote, has much less fundamental kind of centralization than ASIC-based approach.

(florida.haunted)
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July 10, 2019, 03:08:43 AM
 #8244


Richard decided to mine his own cryptocurrency himself?

I want to mine etn - how can I mine it?Huh

You can't anymore.
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July 10, 2019, 03:25:20 AM
 #8245

tanx for these , all three links where a great read about ETN , i was not much in ETN but now , with these bottom prices , i need  to buy some from the bottom

Still, there is a huge chance for this coin because still, they are making partnerships with the companies. We don't how far this improve their developments in the coming days, previously I heard the news in some country where they are accepting ETH as a payment option.

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July 10, 2019, 05:39:45 AM
 #8246


Richard decided to mine his own cryptocurrency himself?

I want to mine etn - how can I mine it?Huh

You can't anymore.

For those interested in the technical makeup of Electroneum's PoR blockchain, the network still remains decentralised.

we all know that is a huge lie - decentralized is when there is no any center and it is when everyone can mine it
for now etn is like xrp - fully centralized  Angry

that's sad  Undecided

There are fundamentally different kinds of centralization. ASICs are extremely special hardware, and their manufacturers NEVER sell them while the mining process by their own ASICs is profitable. So, actual degree of centralization equals to number of ASIC manufacturers in this case. Furthermore, because ASIC manufacturing is a very narrow niche, typically just One ASIC manufacturer of ASICs, designed for specific mining algorithm, remains on the market after short competition wars. Thus degree of centralization become One. Might you know, Bitcoin is heavily centralized, because number of Bitcoin ASICs manufacturers (that ASICs are still effective for mining against current price) ~ 1.

We, the Monero community, the Ethereum community, and many other coins' communities, DENY such a degree of centralization. We want every single man can enter the mining market with relatively cheap COMMON equipment to be bought in almost ANY local store right now. Today, common equipment is CPU and GPU. That's all.

Of course, low degree of centralization will take place with common equipment too. But the nature of this centralization is conceptually different. That degree depends on (and only on) the Free Desire of Every Single Man to buy COMMON equipment in ANY local store and point it to mine Monero. Historically, before ASICs came to the scene, Monero mining was one of the most DEcentralized among all cryptocurrencies. There are many surveys one can google for.

So, "the form of centralized GPU hubs, created by wealthy miners", as you wrote, has much less fundamental kind of centralization than ASIC-based approach.

(florida.haunted)
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July 11, 2019, 01:03:09 PM
Last edit: July 11, 2019, 04:07:18 PM by Miro1764n
 #8247

Guys, can someone tell me what i have to do when i'm using only cli wallet? Same thing as usual? just update the wallet and resync the blockchain datas?
Same question. But in this thread no one answers at all.
There is a new release on github (cli-wallet 3.0.0.0). https://github.com/electroneum/electroneum/releases.
The hashvault remote node is still unavailable working again.
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July 11, 2019, 09:18:49 PM
 #8248

Guys, can someone tell me what i have to do when i'm using only cli wallet? Same thing as usual? just update the wallet and resync the blockchain datas?
Same question. But in this thread no one answers at all.
There is a new release on github (cli-wallet 3.0.0.0). https://github.com/electroneum/electroneum/releases.
The hashvault remote node is still unavailable working again.

Thanks for your message, i also found this cli wallet. I will try it on the weekend and i just hope everything works with old wallet... wouldn't wonder if they implemented something revolutionary which stops you from using your old wallet...^^

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July 12, 2019, 05:17:21 PM
 #8249

nice comment in FB etn page, nothing to add:

Henk de Peuter
Centralizing the ETN blockchain with a small amount of selected (unknown and mysterious) nodes with the purpose to prevent a 51% attack is nothing else than a 100% attack of the founders, you yourselves. It would be the same as replacing the blockchain with a centralized database, under your control, holding all the wallets of the investors, as one big spreadsheet. This is a huge throw back to 1990. But yes, it now takes you only about $1 a day for electricity.I think you missed the point here of what blockchain cryptocurrency is about. But knowing that ETN is a fork of Monero (which had to apply huge security changes over the last months), I suspect applying these same changes were way too challenging, resulting in this smart marketing solution (Proof of Responsibility, lol), satisfying the ignorant believers. I even doubt if it is legal as you changed all the fundamentals of the product to which people signed up (and paid) for in the ICO. Happy I sold my ETN a while ago. You had a great opportunity late 2017 but you missed the momentum. Good luck anyways

There are fundamentally different kinds of centralization. ASICs are extremely special hardware, and their manufacturers NEVER sell them while the mining process by their own ASICs is profitable. So, actual degree of centralization equals to number of ASIC manufacturers in this case. Furthermore, because ASIC manufacturing is a very narrow niche, typically just One ASIC manufacturer of ASICs, designed for specific mining algorithm, remains on the market after short competition wars. Thus degree of centralization become One. Might you know, Bitcoin is heavily centralized, because number of Bitcoin ASICs manufacturers (that ASICs are still effective for mining against current price) ~ 1.

We, the Monero community, the Ethereum community, and many other coins' communities, DENY such a degree of centralization. We want every single man can enter the mining market with relatively cheap COMMON equipment to be bought in almost ANY local store right now. Today, common equipment is CPU and GPU. That's all.

Of course, low degree of centralization will take place with common equipment too. But the nature of this centralization is conceptually different. That degree depends on (and only on) the Free Desire of Every Single Man to buy COMMON equipment in ANY local store and point it to mine Monero. Historically, before ASICs came to the scene, Monero mining was one of the most DEcentralized among all cryptocurrencies. There are many surveys one can google for.

So, "the form of centralized GPU hubs, created by wealthy miners", as you wrote, has much less fundamental kind of centralization than ASIC-based approach.

(florida.haunted)
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July 12, 2019, 05:38:06 PM
 #8250

and more one:

Sam Markus
We're not intrigued. It's called making a blockchain centralized. EOS did that already.

There are fundamentally different kinds of centralization. ASICs are extremely special hardware, and their manufacturers NEVER sell them while the mining process by their own ASICs is profitable. So, actual degree of centralization equals to number of ASIC manufacturers in this case. Furthermore, because ASIC manufacturing is a very narrow niche, typically just One ASIC manufacturer of ASICs, designed for specific mining algorithm, remains on the market after short competition wars. Thus degree of centralization become One. Might you know, Bitcoin is heavily centralized, because number of Bitcoin ASICs manufacturers (that ASICs are still effective for mining against current price) ~ 1.

We, the Monero community, the Ethereum community, and many other coins' communities, DENY such a degree of centralization. We want every single man can enter the mining market with relatively cheap COMMON equipment to be bought in almost ANY local store right now. Today, common equipment is CPU and GPU. That's all.

Of course, low degree of centralization will take place with common equipment too. But the nature of this centralization is conceptually different. That degree depends on (and only on) the Free Desire of Every Single Man to buy COMMON equipment in ANY local store and point it to mine Monero. Historically, before ASICs came to the scene, Monero mining was one of the most DEcentralized among all cryptocurrencies. There are many surveys one can google for.

So, "the form of centralized GPU hubs, created by wealthy miners", as you wrote, has much less fundamental kind of centralization than ASIC-based approach.

(florida.haunted)
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July 13, 2019, 11:38:39 AM
 #8251

They are already so centralized with their kyc thing and their wallets so in the end it makes no real change to centralize the blockchain at all.
yeh its another bunch in the miners face which bought the asics.... maybe they shouldnt change their way every few months.  Roll Eyes

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July 13, 2019, 11:47:17 AM
 #8252

They are already so centralized with their kyc thing and their wallets so in the end it makes no real change to centralize the blockchain at all.
yeh its another bunch in the miners face which bought the asics.... maybe they shouldnt change their way every few months.  Roll Eyes
Which one you mention about their KYC and centralization? Electroneum, itself, has stood in good price range. Despite the fact that the coin already moved up from below 40 satoshis to nearly 60 satoshis. HOwever, I think positively that Electroneum will rise more, maybe it will hit closely to 100 satoshis.

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July 13, 2019, 01:04:57 PM
 #8253

They are already so centralized with their kyc thing and their wallets so in the end it makes no real change to centralize the blockchain at all.
yeh its another bunch in the miners face which bought the asics.... maybe they shouldnt change their way every few months.  Roll Eyes
Which one you mention about their KYC and centralization? Electroneum, itself, has stood in good price range. Despite the fact that the coin already moved up from below 40 satoshis to nearly 60 satoshis. HOwever, I think positively that Electroneum will rise more, maybe it will hit closely to 100 satoshis.

kyc for their webwallet, you can only use electroneum wallet. i personally use the cli wallet but it isnt for everyone, most people wanna be free by choosing their wallet, thats not given here.

than switching from cpu mining to asic and back... it looks to me they have no real plan, just make some random moves. not deeper thinking about what they are really doing.
i dont talk about price.... i'm an ico investor and i still hold my coins Roll Eyes

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July 15, 2019, 07:27:17 PM
 #8254

I am curious why so many ETN haters still love to read this ETN topic and constantly mention how shit this coin is.
Please get the fuck out off here and keep this topic clean. If this coin is hated as much as XRP then I love to see where ETN finally will end up.
Funny thing is that the most hated coins end up the highest in price!
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July 16, 2019, 01:00:36 AM
 #8255

I am curious why so many ETN haters still love to read this ETN topic and constantly mention how shit this coin is.
Please get the fuck out off here and keep this topic clean. If this coin is hated as much as XRP then I love to see where ETN finally will end up.
Funny thing is that the most hated coins end up the highest in price!


I don't think ETN is a hated coin, I just think it's dead or dying fast.
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July 16, 2019, 02:52:03 AM
 #8256

I am curious why so many ETN haters still love to read this ETN topic and constantly mention how shit this coin is.
Please get the fuck out off here and keep this topic clean. If this coin is hated as much as XRP then I love to see where ETN finally will end up.
Funny thing is that the most hated coins end up the highest in price!

They bagholder who rekt bought on the top, some already sold their stash at big loss, after cryptopia hacked , etn lost some their support, the price has fallen so much, like other alt
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July 16, 2019, 04:02:25 AM
 #8257

I am curious why so many ETN haters still love to read this ETN topic and constantly mention how shit this coin is.
Please get the fuck out off here and keep this topic clean. If this coin is hated as much as XRP then I love to see where ETN finally will end up.
Funny thing is that the most hated coins end up the highest in price!

They bagholder who rekt bought on the top, some already sold their stash at big loss, after cryptopia hacked , etn lost some their support, the price has fallen so much, like other alt

In some ETN prices are affected based on the market flcutation and as well as the crypto pia hack. We need very careful with the exchange but people who sold them high have already very good profit. People who bought the coins at the downtrend have lost their money.


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July 16, 2019, 08:35:07 AM
 #8258

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
I am curious why so many ETN haters still love to read this ETN topic and constantly mention how shit this coin is.
Please get the fuck out off here and keep this topic clean. If this coin is hated as much as XRP then I love to see where ETN finally will end up.
Funny thing is that the most hated coins end up the highest in price!


I don't think ETN is a hated coin, I just think it's dead or dying fast.

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July 16, 2019, 08:39:28 AM
 #8259

I am curious why so many ETN haters still love to read this ETN topic and constantly mention how shit this coin is.
Please get the fuck out off here and keep this topic clean. If this coin is hated as much as XRP then I love to see where ETN finally will end up.
Funny thing is that the most hated coins end up the highest in price!


I don't think ETN is a hated coin, I just think it's dead or dying fast.


If we don't see any improvement from the team will always lead to zero value, I hope the team behind the project are taking time for the developments. So we shouldn't bother much about the projects as long as we see an update from the team. Will help the coin to increase it's value when the market starts recovering. 

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July 16, 2019, 11:58:13 AM
 #8260

i personally use the cli wallet but it isnt for everyone, most people wanna be free by choosing their wallet, thats not given here.
CLI wallet, basically, requires some technical steps to setup, open, back up and restor from backups, so you were right that such CLI wallet is not for everyone, not only Electroneum CLI wallet. It is right for CLI wallets of other altcoins.

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