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Author Topic: [ANN][SMOKE BLOCKCHAIN] SMOKE NETWORK - Smoke, Get Paid. Repeat. [SMOKE.IO]  (Read 34850 times)
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lolobubu
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April 26, 2018, 12:25:36 PM
 #21

Are you building your own blockchain?    Shocked  

So no ERC20?  

I will watch this one,  also can you tell me op, what competitors do you see?  Already potcoin etc for weed...  Roll Eyes


Are you building your own blockchain?    Shocked  

So no ERC20?  

I will watch this one,  also can you tell me op, what competitors do you see?  Already potcoin etc for weed...  Roll Eyes

I think Smoke will have its own blockchain, not in ERC token

So this coin only for a smoker, smoke everyday and you can earn some smoke also spreading a word of smoke, that the way to earn some smoke coin. Correct me Cheesy


Cheesy Thank you!

---


Smoke.Network is a Delegated Proof of Stake (DPoS) blockchain tailored to the needs and wants of cannabis users and SMOKE is the coin that powers it. To learn more read our whitepaper. Our first minimal viable product (MVP), Smoke.io is currently in development and is scheduled to be released in Q3 2018 along with our mainnet blockchain.


The SMOKE cryptocurrency is not like other cannabis coins as it has different functionality to just a store of value or transmitting money. It is the backbone that runs the Smoke Network blockchain and will power important aspects of the network including content rewards for high quality content. It will also have additional use cases such as buying advertising credits on the Smoke.io DApp in SMOKE and unlocking new features for the Smoke.io app and website.

At Smoke Network we respect all cannabis cryptocurrencies in the scene and their ideas for a better future with cannabis. That said, we have been careful to position ourselves as the only decentralized cannabis social network on the market and the only cannabis project aimed at the social networking and media space. We are also the only project in which we believe our Coins have direct utility value on our social network for the average user.

---


Smoke get paid, repeat huh?  Huh

How does that work?


Our blockchain is a fork of Steem based on a delegated proof of stake blockchain (similar to EOS and Bitshares, etc).  (Delegated Proof of Stake).  In this model instead of miners like on Ethereum and Bitcoin we have witnesses and proof of stake consensus. The new rewards are daily put into a reward pool that is then split as follows: 75% goes to the reward pool to reward users on the platform, 15% goes to holders of smoke and 10% goes to the miners.
This model has worked great for Steem as users have to Power Up their coins in order to vote on where the daily rewards go as well as vote on who should be the block producers.  This creates an environment whereby anyone that powers up has stake in the network and can influence where and how new coins are distributed via voting on content.   Long term holders also get issued 15% APR in SMOKE Power if they have vested Smoke.  Vested SMOKE (Smoke Power) cannot be sent or moved, only used to vote.





Thank you for the response. I will look.
DennisCyptoFun
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April 26, 2018, 12:32:24 PM
 #22

Let me be judged, but I think that such use of blockchain-technologies is useless. Everything is done only to earn money on cryptocurrency HYIP
thatguyrex1t
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April 26, 2018, 01:28:36 PM
 #23

Let me be judged, but I think that such use of blockchain-technologies is useless. Everything is done only to earn money on cryptocurrency HYIP

This particular technology that Smoke runs on allows for many initiatives that will change the world. Everyone lives in an attention based world so it only makes sense that everyone should be compensated for their attention. For example, the reply I'm writing takes time, time is money and I should be able to have the ability to be compensated for it. The chains that run on this technology are not only producing the most transactions per day, faster than any others, but are the only chains that utilize the very principles blockchain was founded on, to their fullest potential.
kaido19
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April 26, 2018, 01:44:31 PM
 #24

nice plastic to join the airdrop, but I have not found the link
good luck to ICO btw
fuznutts
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April 26, 2018, 02:01:26 PM
 #25

Are you building your own blockchain?    Shocked   

So no ERC20? 

I will watch this one,  also can you tell me op, what competitors do you see?  Already potcoin etc for weed...  Roll Eyes

the problem with potcoin is it doesnt scale or offer people the ability to reward eachother easily on chain with crypto.  Smoke can do that right now.  They are also being featured in multiple mary jane based media platforms. 

Check this out

ashkie22
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April 26, 2018, 02:04:07 PM
 #26

As i do check the link for airdrop there is no content on it. Well done, the best part of it is that they building their own chain which bring a good part of us miners to invest to this project. Goodluck dev to your ICO.
fuznutts
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April 26, 2018, 02:06:56 PM
 #27

nice plastic to join the airdrop, but I have not found the link
good luck to ICO btw

easy!  go to smoke.network and press the button that says "Contribute to ICO" Cheesy

fuznutts
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April 26, 2018, 02:08:30 PM
 #28

Let me be judged, but I think that such use of blockchain-technologies is useless. Everything is done only to earn money on cryptocurrency HYIP

This particular technology that Smoke runs on allows for many initiatives that will change the world. Everyone lives in an attention based world so it only makes sense that everyone should be compensated for their attention. For example, the reply I'm writing takes time, time is money and I should be able to have the ability to be compensated for it. The chains that run on this technology are not only producing the most transactions per day, faster than any others, but are the only chains that utilize the very principles blockchain was founded on, to their fullest potential.

Boom.
fuznutts
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April 26, 2018, 02:13:03 PM
 #29

Are you building your own blockchain?    Shocked  

So no ERC20?  

I will watch this one,  also can you tell me op, what competitors do you see?  Already potcoin etc for weed...  Roll Eyes

I think Smoke will have its own blockchain, not in ERC token

So this coin only for a smoker, smoke everyday and you can earn some smoke also spreading a word of smoke, that the way to earn some smoke coin. Correct me Cheesy

 Grin

Yes it is definitely not an ERC token!  It actually is its own chain before they even started the ICO.  So unlike most ICOs you can see they have a project that works before they even open buy-ins!

fuznutts
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April 26, 2018, 03:47:21 PM
 #30

I read new information about token amount reduction and have questions:

lol are you saying you rly dont have questions?  Grin
tebingbrexseh
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April 26, 2018, 03:56:30 PM
 #31

excellent project
Janasey
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April 26, 2018, 04:06:13 PM
 #32

Good idea an unusual and novelty. I like this project. I look forward to the Bounty campaign, I will definitely attend.
egretia.
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April 26, 2018, 04:39:34 PM
 #33


 Grin

Yes it is definitely not an ERC token!  It actually is its own chain before they even started the ICO.  So unlike most ICOs you can see they have a project that works before they even open buy-ins!

https://steemit-production-imageproxy-upload.s3.amazonaws.com/DQmbumnqUsqZkEBBcczkBXFDYzPkZi1vzTzG4e1s8a11E3D

This is a really good thing... So many projects sell an "idea" and raise a bunch of funds through an ICO but never deliver. This is what has been giving ICOs a bad name. Having a working blockchain and at least a prototype of what you're going to do is far more convincing to me that the ICO is a good investment than any fancy landing page and white paper could ever be. I wish more projects would work like this. Really helps lend credibility to the crypto space.
fuznutts
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April 26, 2018, 06:20:00 PM
 #34

Good idea an unusual and novelty. I like this project. I look forward to the Bounty campaign, I will definitely attend.
egretia.


they have a bounty program right now as we speak Smiley

ckybe
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April 26, 2018, 07:52:05 PM
 #35

Are you building your own blockchain?    Shocked   

So no ERC20? 

I will watch this one,  also can you tell me op, what competitors do you see?  Already potcoin etc for weed...  Roll Eyes


Are you building your own blockchain?    Shocked   

So no ERC20? 

I will watch this one,  also can you tell me op, what competitors do you see?  Already potcoin etc for weed...  Roll Eyes

I think Smoke will have its own blockchain, not in ERC token

So this coin only for a smoker, smoke everyday and you can earn some smoke also spreading a word of smoke, that the way to earn some smoke coin. Correct me Cheesy


Cheesy Thank you!

---


Smoke.Network is a Delegated Proof of Stake (DPoS) blockchain tailored to the needs and wants of cannabis users and SMOKE is the coin that powers it. To learn more read our whitepaper. Our first minimal viable product (MVP), Smoke.io is currently in development and is scheduled to be released in Q3 2018 along with our mainnet blockchain.


The SMOKE cryptocurrency is not like other cannabis coins as it has different functionality to just a store of value or transmitting money. It is the backbone that runs the Smoke Network blockchain and will power important aspects of the network including content rewards for high quality content. It will also have additional use cases such as buying advertising credits on the Smoke.io DApp in SMOKE and unlocking new features for the Smoke.io app and website.

At Smoke Network we respect all cannabis cryptocurrencies in the scene and their ideas for a better future with cannabis. That said, we have been careful to position ourselves as the only decentralized cannabis social network on the market and the only cannabis project aimed at the social networking and media space. We are also the only project in which we believe our Coins have direct utility value on our social network for the average user.

---


Smoke get paid, repeat huh?  Huh

How does that work?


Our blockchain is a fork of Steem based on a delegated proof of stake blockchain (similar to EOS and Bitshares, etc).  (Delegated Proof of Stake).  In this model instead of miners like on Ethereum and Bitcoin we have witnesses and proof of stake consensus. The new rewards are daily put into a reward pool that is then split as follows: 75% goes to the reward pool to reward users on the platform, 15% goes to holders of smoke and 10% goes to the miners.
This model has worked great for Steem as users have to Power Up their coins in order to vote on where the daily rewards go as well as vote on who should be the block producers.  This creates an environment whereby anyone that powers up has stake in the network and can influence where and how new coins are distributed via voting on content.   Long term holders also get issued 15% APR in SMOKE Power if they have vested Smoke.  Vested SMOKE (Smoke Power) cannot be sent or moved, only used to vote.




Got it.  Sounds good. Sounds like one crazy system, sort of makes sense.  I think I gotta smoke one and come back before I make my mind up about you guys.  Tongue
jabetizo (OP)
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April 26, 2018, 08:41:19 PM
 #36

nice plastic to join the airdrop, but I have not found the link
good luck to ICO btw


Try this:  https://smoke.network/airdrop



 Grin

Yes it is definitely not an ERC token!  It actually is its own chain before they even started the ICO.  So unlike most ICOs you can see they have a project that works before they even open buy-ins!



This is a really good thing... So many projects sell an "idea" and raise a bunch of funds through an ICO but never deliver. This is what has been giving ICOs a bad name. Having a working blockchain and at least a prototype of what you're going to do is far more convincing to me that the ICO is a good investment than any fancy landing page and white paper could ever be. I wish more projects would work like this. Really helps lend credibility to the crypto space.


Thank you.. We try our best to underpromise and overdeliver!! 

Our working testnet has loads of users that are excited about the launch as ever.



I read new information about token amount reduction and have questions:


Please ask.

ckybe
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April 26, 2018, 08:45:00 PM
 #37

What happens to testnet after mainnet launch?  Huh
jabetizo (OP)
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April 26, 2018, 08:49:37 PM
 #38

What happens to testnet after mainnet launch?  Huh

All Testnet SMOKE, followers, and other account details will not be transferred over to the final version of Smoke.io running on the Smoke Network mainnet.

The testnet platform is built for testing purposes only and as an avenue for the development team and community to iron out any issues and get accustomed with making the most of the Smoke.io product before launch.

It will also allow you to test how content and curation rewards work so you can practice earning SMOKE and get a better understanding of how to earn real SMOKE when the SMOKE mainnet launches.


Feel free to look at our help center for more questions as well here, https://help.smoke.network if nobody is around to answer straight away.

dc81
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April 27, 2018, 12:47:13 AM
 #39

hello how long until the mainnet is launched?

How to sign up for testnet?

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April 27, 2018, 04:50:26 AM
 #40

Hey, this project looks nice. Do you have a road map?
Thanks J
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