[ANN] Minereum - Minereum Self-Mining, Minereum 32 and evmordinals.com

[minereum]

8. A new feature that will allow users to destroy Genesis Addresses in exchange for a small % of the balance

Can you please explain a little bit about destroy Genesis Addresses, am I need to pay ETH fee in order to destroy my Genesis Address, what amount of MNE will I receive after destroy it (for example I want to destroy my Genesis Address 2 days after mne v2 is launched, and my Genesis Address is at level 1, I don't want to upgrade)?
Also, will that amount of MNE be possible to exchange to other cryptocurrency?

Thank you.

We are still defining that process we will post more details when we are sure about it.

[1714781445]

1714781445

[minereum]

Total Amount of coins per Genesis Address: 32,000 MNE
Total amount of coins generated per ethereum block: 0.00032 MNE
Total of blocks until all coins mined: 100,000,000 (~50 years)
Total amount of coins generated per day per address: Aprox. 1.84 MNE

So on the release date, all genesis addresses will have balance of 32K, but this balance will be locked and unlocked gradually with approximately 1.84 MNE per day? Let's say i paid a fee not on the release day1, but on the 3rd day, when the daily 1.84 unlock will be, starting from day1 or the day i paid a small fee?

We are still defining all details but here is the latest info:

There will be 3 levels of Genesis Addresses
- Level 1 (no fee)
Genesis Addresses receives 32,000 MNE but is not activated, owners can set these addresses for sale. However since the address is not activated, coins are not self mined and MNE transfers are not possible.
- Level 2 (fee applies)
Genesis Address is activated and the self-mining process starts, owners can set the address for sale at the price they wish, however MNE transfers are not possible
- Level 3 (fee applies)
Genesis Address is fully activated including MNE transfers & MNE decentralized trading

The Level 1 addresses are the ones being airdropped in the claim page right now (http://v2.minereum.com) after mne v2 is launched owners will be able to upgrade the addresses to Level 2 & Level 3.

Keep in mind that when the claim phase ends it will not be possible to create more Level 1 addresses.

To answer your question the mining process only starts after Level 2 is activated, meaning the sooner they are activated the more coins they will mine.

All the fees applied in mne v2 will be distributed to the Stake Holder Program participants, meaning:

- Activation Fees
- Genesis Address Decentralized Trading fees
- MNE Decentralized trading fees

For more details on the Stake Holder Program: https://bitcointalk.org/index.php?topic=4495159.msg53332411#msg53332411

And how will things be with the addresses of minereum V. 1 , they will also be transferred to the V2 network and the question arises for them, too, will need activation and how will this happen

Yes mne v1 addresses will need activation too.

However, the v1 genesis addresses available balance will be taken to v2 and owners will be able to withdraw it to another address.

EDIT: Due to technical limitations in the migration to V2, all v1  Genesis Addresses will be restarted, if you want to keep your available balance from your v1 genesis address make sure to transfer the available balance out to another address before the Snapshot date. Snapshot date should happen somewhere in February.

Read more here: https://bitcointalk.org/index.php?topic=4495159.msg53726088#msg53726088

[Spratan]

Hello,

Glad to see Minereum is still alive.

Can I use my old V1 address for V2 airdrop ?

[minereum]

Hello,

Glad to see Minereum is still alive.

Can I use my old V1 address for V2 airdrop ?

V1 addresses are taken by default to V2, so if you want new addresses you should use another ones.

Please note that if your submitted addresses have any MNE balance the new V2 Genesis Addresses will not be generated.

[minereum]

STAKE HOLDER PROGRAM

THE STAKE HOLDER PROGRAM IS NOW CLOSED! DO NOT SEND ANY MNE TO THE STAKE HOLDER ADDRESS OR THEY WILL BE LOST

Note: Anyone can participate in the stake holder program, simply send MNE to the eth address below - if you don’t own MNE you can acquire it on livecoin.net (MNE/BTC) or livecoin.net (MNE/ETH).

Stake holder program address: 0xcd7156c91a26625f397f143c2c618ec1cb1e6c98

WARNING: Only send MNE from addresses you have control. DO NOT send from exchanges, you will lose your coins and stake.

What is the Stake Holder Program?

In minereum v2 there will be a range of fees in its processes, they are:

- Genesis Addresses Activation Fees
- Genesis Addresses Decentralized Trading Fees
- MNE Decentralized Trading Fees

All these fees will be distributed to the Stake Holders based on the % they own.

The final % for each Stake Holder will be calculated when the program ends.

The Stake Holder participation will be active until minereum V2 is launched, after minereum v2 is launched it won't be possible to participate anymore. However there will be a decentralized trading platform for Stakes, users will be able to buy and sell %s of the stakes.

How it works - Fees example

Genesis Addresses Activation Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them receives a stake of 10%
4. 50% of the activation fees will be allocated to Stake Holders
5. Currently there are about 300,000 addresses submited
6. If all the addresses are activated and assuming the activation fee is 0.05 ETH the total fees collected will be 300,000 x 0.05 ETH = 15000 ETH, the fees allocated to stake holders will be half of that, meaning 7500 ETH
7. So in this example each participant would get 10% of 7500 ETH = 750 ETH


Genesis Addresses Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the Genesis Addresses ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

MNE Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

Stay tuned for more updates!

[toyo87]

Please confirm if its possible. Can i submit the same address for the Stake Holder program that was submitted for the genesis addresses?

A prompt respond will be highly appreciated.

STAKE HOLDER PROGRAM

Note: Anyone can participate in the stake holder program, simply send MNE to the eth address below - if you don’t own MNE you can acquire it on livecoin.net (MNE/BTC) or livecoin.net (MNE/ETH).

Stake holder program address: 0xcd7156c91a26625f397f143c2c618ec1cb1e6c98

WARNING: Only send MNE from addresses you have control. DO NOT send from exchanges, you will lose your coins and stake.

What is the Stake Holder Program?

In minereum v2 there will be a range of fees in its processes, they are:

- Genesis Addresses Activation Fees
- Genesis Addresses Decentralized Trading Fees
- MNE Decentralized Trading Fees

All these fees will be distributed to the Stake Holders based on the % they own.

The final % for each Stake Holder will be calculated when the program ends. Note that all the MNE sent to the Stake Holder Program address will be burned and will not be transferred to minereum V2.

The Stake Holder participation will be active until minereum V2 is launched, after minereum v2 is launched it won't be possible to participate anymore. However there will be a decentralized trading platform for Stakes, users will be able to buy and sell %s of the stakes.

How it works - Fees example

Genesis Addresses Activation Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them receives a stake of 10%
4. 50% of the activation fees will be allocated to Stake Holders
5. Currently there are about 300,000 addresses submited
6. If 10% of them are activated that's 30,000 activations
7. Assuming the activation fee is 0.05 ETH the total fees collected will be 30,000 x 0.05 ETH = 1500 ETH, the fees allocated to stake holders will be half of that, meaning 750 ETH
8. So in this example each participant would get 10% of 750 ETH = 75 ETH


Genesis Addresses Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the Genesis Addresses ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

MNE Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

Stay tuned for more updates!

[minereum]

Please confirm if its possible. Can i submit the same address for the Stake Holder program that was submitted for the genesis addresses?

A prompt respond will be highly appreciated.

yes

[galaxiekyl]

Hi

What about Mtron and Meos ? This project is still in progress or not ? If not No refund receveid.

[minereum]

Hi

What about Mtron and Meos ? This project is still in progress or not ? If not No refund receveid.

Read:

https://bitcointalk.org/index.php?topic=4495159.msg53360201#msg53360201

[toyo87]

Please confirm if its possible. Can i submit the same address for the Stake Holder program that was submitted for the genesis addresses?

A prompt respond will be highly appreciated.

yes

Ok, Many Thanks.

[wavug]

- Level 3 (fee applies)
Genesis Address is fully activated including MNE transfers & MNE decentralized trading

Could you please clarify: once the fee has been paid, the tokens will be fully unlocked (all 32k) without need of daily mining and with the option of transfer OR mining is an obligatory part and you can't get rid of it even by paying for the 3rd level?

[minereum]

- Level 3 (fee applies)
Genesis Address is fully activated including MNE transfers & MNE decentralized trading

Could you please clarify: once the fee has been paid, the tokens will be fully unlocked (all 32k) without need of daily mining and with the option of transfer OR mining is an obligatory part and you can't get rid of it even by paying for the 3rd level?

There will always be the self-mining process for Genesis Addresses for level 2 & 3

[davide72]

I wonder what this project is for, everyone can create a free coin. Why would people have to pay a genesis address activation to do what?

[toyo87]

STAKE HOLDER PROGRAM

Note: Anyone can participate in the stake holder program, simply send MNE to the eth address below - if you don’t own MNE you can acquire it on livecoin.net (MNE/BTC) or livecoin.net (MNE/ETH).

Stake holder program address: 0xcd7156c91a26625f397f143c2c618ec1cb1e6c98

WARNING: Only send MNE from addresses you have control. DO NOT send from exchanges, you will lose your coins and stake.

What is the Stake Holder Program?

In minereum v2 there will be a range of fees in its processes, they are:

- Genesis Addresses Activation Fees
- Genesis Addresses Decentralized Trading Fees
- MNE Decentralized Trading Fees

All these fees will be distributed to the Stake Holders based on the % they own.

The final % for each Stake Holder will be calculated when the program ends. Note that all the MNE sent to the Stake Holder Program address will be burned and will not be transferred to minereum V2.

The Stake Holder participation will be active until minereum V2 is launched, after minereum v2 is launched it won't be possible to participate anymore. However there will be a decentralized trading platform for Stakes, users will be able to buy and sell %s of the stakes.

How it works - Fees example

Genesis Addresses Activation Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them receives a stake of 10%
4. 50% of the activation fees will be allocated to Stake Holders
5. Currently there are about 300,000 addresses submited
6. If all the addresses are activated and assuming the activation fee is 0.05 ETH the total fees collected will be 300,000 x 0.05 ETH = 15000 ETH, the fees allocated to stake holders will be half of that, meaning 7500 ETH
7. So in this example each participant would get 10% of 7500 ETH = 750 ETH


Genesis Addresses Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the Genesis Addresses ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

MNE Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

Stay tuned for more updates!

Please help confirm. On "Genesis Addresses Activation Fees" The 50% ETH that stake holders will receive, will it be equally distributed to the number of participants OR distributed based on the number of MNE contributed by each participants to the stake holder program?

Example: Will someone who participated with 1000MNE, have equally share/percent with someone who participated with 5000MNE OR percentage to received will based on numbers of MNE?

[galaxiekyl]

Hi

What about Mtron and Meos ? This project is still in progress or not ? If not No refund receveid.

Read:

https://bitcointalk.org/index.php?topic=4495159.msg53360201#msg53360201

sorry my bad, refund seems good but I can't find the original transactions on the etherscan.

[galaxiekyl]

STAKE HOLDER PROGRAM

Note: Anyone can participate in the stake holder program, simply send MNE to the eth address below - if you don’t own MNE you can acquire it on livecoin.net (MNE/BTC) or livecoin.net (MNE/ETH).

Stake holder program address: 0xcd7156c91a26625f397f143c2c618ec1cb1e6c98

WARNING: Only send MNE from addresses you have control. DO NOT send from exchanges, you will lose your coins and stake.

What is the Stake Holder Program?

In minereum v2 there will be a range of fees in its processes, they are:

- Genesis Addresses Activation Fees
- Genesis Addresses Decentralized Trading Fees
- MNE Decentralized Trading Fees

All these fees will be distributed to the Stake Holders based on the % they own.

The final % for each Stake Holder will be calculated when the program ends. Note that all the MNE sent to the Stake Holder Program address will be burned and will not be transferred to minereum V2.

The Stake Holder participation will be active until minereum V2 is launched, after minereum v2 is launched it won't be possible to participate anymore. However there will be a decentralized trading platform for Stakes, users will be able to buy and sell %s of the stakes.

How it works - Fees example

Genesis Addresses Activation Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them receives a stake of 10%
4. 50% of the activation fees will be allocated to Stake Holders
5. Currently there are about 300,000 addresses submited
6. If all the addresses are activated and assuming the activation fee is 0.05 ETH the total fees collected will be 300,000 x 0.05 ETH = 15000 ETH, the fees allocated to stake holders will be half of that, meaning 7500 ETH
7. So in this example each participant would get 10% of 7500 ETH = 750 ETH


Genesis Addresses Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the Genesis Addresses ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

MNE Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

Stay tuned for more updates!

Please help confirm. On "Genesis Addresses Activation Fees" The 50% ETH that stake holders will receive, will it be equally distributed to the number of participants OR distributed based on the number of MNE contributed by each participants to the stake holder program?

Example: Will someone who participated with 1000MNE, have equally share/percent with someone who participated with 5000MNE OR percentage to received will based on numbers of MNE?

good question, and please confirme refund or not if the program dont work ?

[galaxiekyl]

This is crazy   more than 23000 addresses so far.  

More people join more eth for dev, many people join with many address! Look like an ICO made in a different format! The questions is who will be willing to pay fees and activated genesis address for the project?

I think is not only that because the more addresses that there are existing the more genesis addresses sales we can have and that should benefit all the minerium owners that participate in the special program stake holders, i think devs are playing it very wise but we have to wait to see how it all will work because if no addresses to sell then no eth volume and then no profit for the stake holders it all fall apart

[/b]

you still have to pay fees to activated your genesis address, if you don't pay to dev you don't get anything...well, i am not 100%  sure it will work specially what we have seen with mne 1 and people are very scare to pay due to many project that turn to scam after collecting money!

We are thinking about introducing a measure for users who don’t want to send the eth fee to allow other users to send it for you, but this only if the owner of the address allows it. In this case the Genesis Address would be automatically transferred to the new user who sends the fee.

For example:

Assuming the fee is 0.05 ETH for activations, you could set your address “allow others to activate” this would set a fixed fee of twice the current fee (0.10 ETH for this example) and you as the owner would get 0.05 ETH. At the same time the address is transferred to the new owner.

I think, on the contrary, it will limit the number of people who create multiple addresses only for dumping

edit: if i understand stake holder program is for activat mne adress v2, so no refund after smart contract runing, i think that is better peoples have send "mne" to activate her adresse because it is not sure her adress v2 will be financed.

[minereum]

Please help confirm. On "Genesis Addresses Activation Fees" The 50% ETH that stake holders will receive, will it be equally distributed to the number of participants OR distributed based on the number of MNE contributed by each participants to the stake holder program?

Example: Will someone who participated with 1000MNE, have equally share/percent with someone who participated with 5000MNE OR percentage to received will based on numbers of MNE?

It is based on the number of MNE

[galaxiekyl]

Please help confirm. On "Genesis Addresses Activation Fees" The 50% ETH that stake holders will receive, will it be equally distributed to the number of participants OR distributed based on the number of MNE contributed by each participants to the stake holder program?

Example: Will someone who participated with 1000MNE, have equally share/percent with someone who participated with 5000MNE OR percentage to received will based on numbers of MNE?

It is based on the number of MNE

Please i don't understand, mv1 holder must swap her address to v2 now or later this step will be still available ?

[minereum]

Reposting

STAKE HOLDER PROGRAM

THE STAKE HOLDER PROGRAM IS NOW CLOSED! DO NOT SEND ANY MNE TO THE STAKE HOLDER ADDRESS OR THEY WILL BE LOST

Note: Anyone can participate in the stake holder program, simply send MNE to the eth address below - if you don’t own MNE you can acquire it on livecoin.net (MNE/BTC) or livecoin.net (MNE/ETH).

Stake holder program address: 0xcd7156c91a26625f397f143c2c618ec1cb1e6c98

WARNING: Only send MNE from addresses you have control. DO NOT send from exchanges, you will lose your coins and stake.

What is the Stake Holder Program?

In minereum v2 there will be a range of fees in its processes, they are:

- Genesis Addresses Activation Fees
- Genesis Addresses Decentralized Trading Fees
- MNE Decentralized Trading Fees

All these fees will be distributed to the Stake Holders based on the % they own.

The final % for each Stake Holder will be calculated when the program ends.

The Stake Holder participation will be active until minereum V2 is launched, after minereum v2 is launched it won't be possible to participate anymore. However there will be a decentralized trading platform for Stakes, users will be able to buy and sell %s of the stakes.

How it works - Fees example

Genesis Addresses Activation Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them receives a stake of 10%
4. 50% of the activation fees will be allocated to Stake Holders
5. Currently there are about 300,000 addresses submited
6. If all the addresses are activated and assuming the activation fee is 0.05 ETH the total fees collected will be 300,000 x 0.05 ETH = 15000 ETH, the fees allocated to stake holders will be half of that, meaning 7500 ETH
7. So in this example each participant would get 10% of 7500 ETH = 750 ETH


Genesis Addresses Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the Genesis Addresses ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

MNE Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

Stay tuned for more updates!