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Author Topic: Energi [NRG] Cryptocurrency for World Adoption | PoS | MN | No-ICO or Premine |  (Read 44124 times)
Patriot872
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November 02, 2018, 11:49:11 PM
 #61

WHAT IS THE TOTAL SUPPLY OF THIS TOKEN / COIN ? ? ?
-- If Fork Of Dash Is Total Supply - 18,900,000  ?
*** One Million Released Every Month ?  Is this only the airdrop aspect and/or mining, etc ?
I've searched and can't find accurate TOTAL supply info anywhere -
Energi has a unique emission model which we believe to be very powerful. There is no coin-limit on Energi because the treasury and masternode allocation are essential to Energi’s survival, and are essentially the engine behind Energi - and we do not see a reason to give Energi a “death sentence” by removing its engine, even hundreds of years from now. You can read more about this here: https://www.energi.world/energi-emission-schedule/
Thanks for your reply, and don't mind all the trolls out there - Everyone Has A Voice Here.
I've spent quite a bit of time reviewing the project, and i understand almost all of it EXCEPT with as you say " There is no coin-limit on Energi  "
Then this project is not much different than the U.S. Dollar which is controlled by the federal reserve and they make more as needed.
The concern here is a DELUTION of the actual value as needed.  Even Dash which is a great project atleast has a limitation @ 18,900 total supply
Your project has come in a time when everyone will over scrutinize much more than ever due to how much many of us lost this time last year.

It would be great to have an affordable masternode early on, but at this point the project is just to costly to risk @ $10K for a masternode.
*** There's Still The #1 Question I haven't found the answer to throughout my checking into this - which i seek from all projects.

What Real World Problem Does This Solve ? And/Or Is This Project Solving ?
Thanks for your time and responses !
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EnergiCrypto (OP)
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November 03, 2018, 07:32:06 PM
 #62

WHAT IS THE TOTAL SUPPLY OF THIS TOKEN / COIN ? ? ?
-- If Fork Of Dash Is Total Supply - 18,900,000  ?
*** One Million Released Every Month ?  Is this only the airdrop aspect and/or mining, etc ?
I've searched and can't find accurate TOTAL supply info anywhere -
Energi has a unique emission model which we believe to be very powerful. There is no coin-limit on Energi because the treasury and masternode allocation are essential to Energi’s survival, and are essentially the engine behind Energi - and we do not see a reason to give Energi a “death sentence” by removing its engine, even hundreds of years from now. You can read more about this here: https://www.energi.world/energi-emission-schedule/
Thanks for your reply, and don't mind all the trolls out there - Everyone Has A Voice Here.
I've spent quite a bit of time reviewing the project, and i understand almost all of it EXCEPT with as you say " There is no coin-limit on Energi  "
Then this project is not much different than the U.S. Dollar which is controlled by the federal reserve and they make more as needed.
The concern here is a DELUTION of the actual value as needed.  Even Dash which is a great project atleast has a limitation @ 18,900 total supply
Your project has come in a time when everyone will over scrutinize much more than ever due to how much many of us lost this time last year.

The U.S. dollar supply is controlled by the federal reserve - they can print whatever amount they want. Energi's inflation is clear and transparent to all, and will always be 1 million NRG per month. This is very calculated and carefully designed. Our philosophy is, every dollar we reinvest into the system, will yield much more than a dollar of value back when invested appropriately with developers, the best marketing efforts, and other expenditures which expand our reach.

The future of cryptocurrency as we see it, will be large scale organizations with massive amounts of developers comparable to large tech companies such as Microsoft. These companies aren't going to be "perfect" at a certain point. Good businesses stick around for hundreds of years and funding is needed throughout their life. Constant funding will be needed to pay for developers, user protections, business development arms, operations management, marketing & advertising, continuing education, and all other types of expenses that large scale organizations have. Having a constant 1 million NRG per month (with a large portion of that going towards the treasury) allows for continuous funding - indefinitely.

It's also important to note that the inflation % will go down over time as 1 million NRG per month will become less and less of the total supply.

I recommend checking out this video where Energi Founder, Tommy, talks about this powerful design: https://youtu.be/NhY23Weilhk?t=145

It would be great to have an affordable masternode early on, but at this point the project is just to costly to risk @ $10K for a masternode.
*** There's Still The #1 Question I haven't found the answer to throughout my checking into this - which i seek from all projects.

What Real World Problem Does This Solve ? And/Or Is This Project Solving ?
Thanks for your time and responses !


Every detail of Energi Cryptocurrency is thoughtfully designed to solve problems in existing blockchain implementations, as well as improve upon the strengths that have made other blockchain projects succeed. We have a whole medium post on this topic that covers this more in depth - Energi Use Cases: https://medium.com/energi/energi-use-cases-74eaf56c5b6f

Energi - Cryptocurrency for world adoption.
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November 06, 2018, 03:29:27 PM
 #63

How many months more to wait for mining pool?
EnergiCrypto (OP)
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November 06, 2018, 08:40:17 PM
 #64

how dev this coin need how many block to matture ?

101 confirmations required to spend newly mined coins


How many months more to wait for mining pool?
We have brought on a new dev to help with getting the pool up ASAP. We are taking the pool seriously. We are not making promises on release dates but are hopeful that within the next 2 weeks we will iron out any deficiencies it has and get it fully released.

Energi - Cryptocurrency for world adoption.
EnergiCrypto (OP)
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November 08, 2018, 05:54:35 PM
 #65

We have recently put together a presentation regarding Energi Value Propositions:

Check it out here: https://www.energi.world/wp-content/uploads/2018/11/Energi_InvestorPack.pdf



Energi - Cryptocurrency for world adoption.
nganga
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November 10, 2018, 11:18:48 PM
 #66



August 17 2018 announcement now November 10 2018 still no mining pool, i can mine solo if i wanted to , but no limit like Ethereum now they are pre-mining thats why there is no pool like ethereum pre-mined 77 million then release to public for mining now Ethereom  created a difficulty bomb miners dont even wanna mess with just them E3 owner that paid $1800 in july profit a day 45 cent lol. then ENERGI the project started  April hmp i bet they have E3 in stack running it. lol good hiding ethereum style Scam, lol gotta make quota for E3 ROI  lol did you just post hired another dev for mining 5  10 day ago? lol



tdudin
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November 12, 2018, 06:36:38 AM
 #67

No mining pool??

For mining you can follow the following tutorial. I've tried doing it and it works
https://www.energi.world/mining/

http://i68.tinypic.com/2h4yqa1.jpg

Hello help
Configure start.bat

@REM off
energiminer.exe --opencl-platform 0 --opencl-devices 0 1 2 3 --gbt "http://user:123456@127.0.0.1:9796" --coinbase-addr "EfAx5RXZCtogPW1UoP5kgvtLpQr5rUH3cJ"

why does not it work? what did i write wrong?
bertolai
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November 12, 2018, 10:08:15 AM
 #68

why is the cryptopia deposit closed?
EnergiCrypto (OP)
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November 12, 2018, 04:35:42 PM
Last edit: November 12, 2018, 10:15:05 PM by EnergiCrypto
 #69

August 17 2018 announcement now November 10 2018 still no mining pool, i can mine solo if i wanted to , but no limit like Ethereum now they are pre-mining thats why there is no pool like ethereum pre-mined 77 million then release to public for mining now Ethereom  created a difficulty bomb miners dont even wanna mess with just them E3 owner that paid $1800 in july profit a day 45 cent lol. then ENERGI the project started  April hmp i bet they have E3 in stack running it. lol good hiding ethereum style Scam, lol gotta make quota for E3 ROI  lol did you just post hired another dev for mining 5  10 day ago? lol

Energi had no premine and prior to launch we gave a specific time and date for the launch of our main net which our vibrant community eagerly awaited so that mining could begin fairly, avoiding centralization among the coin founders.
We DO have a pool that some of our community members are using but it's not officially launched yet as devs are working out the final touches. If you are interested in using a pool, please join our Discord (https://discordapp.com/invite/sCtgNC3) and see pinned message in #mining channel to learn more.


No mining pool??

For mining you can follow the following tutorial. I've tried doing it and it works
https://www.energi.world/mining/



Hello help
Configure start.bat

@REM off
energiminer.exe --opencl-platform 0 --opencl-devices 0 1 2 3 --gbt "http://user:123456@127.0.0.1:9796" --coinbase-addr "EfAx5RXZCtogPW1UoP5kgvtLpQr5rUH3cJ"

why does not it work? what did i write wrong?

For further help, please join our Discord #mining section: https://discordapp.com/invite/sCtgNC3


why is the cryptopia deposit closed?

Energi recently experienced a (largely unsuccessful) 51% attack last week. You can read more about that in our telegram announcement channel (https://t.me/energiannouncements) or Discord https://discordapp.com/invite/sCtgNC3. Because of this, Cryptopia temporarily closed deposits/withdrawals and the team is working with them to bring things back to normal. CryptoBridge and Coinexchange are still open, but in the short term many confirmations are necessary so expect very long transfers at the moment if you choose to use those.

Energi - Cryptocurrency for world adoption.
sergio red
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November 13, 2018, 04:35:20 PM
 #70

So far it's a good project. In this blockchain system, This project looks like a different thing, In this project, Investor will be able to hold masternodes which are providing the voting right.
enzo24
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November 13, 2018, 04:43:54 PM
 #71

I don't get any idea about their ICO or pre-sale date form their roadmap, When will the ICO start of this project?
micle00
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November 13, 2018, 04:51:57 PM
 #72

So far it's a good project. In this blockchain system, This project looks like a different thing, In this project, Investor will be able to hold masternodes which are providing the voting right.

I see, But is this voting right will be similar to the conventional market share or capital holding? Then how could it work in this project? What will be the role of this voting right in this project?
Altcoin Reviewer
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November 13, 2018, 05:04:10 PM
 #73

Is there any mechanism or market face value which would prove this project is free from any scam, How people will keep the belief that This project is real and future oriented?
khudro
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November 13, 2018, 05:10:23 PM
 #74

I think this project is going to help in order to ensure a high-quality infrastructure along with a better economic and Business model. So it might be a good platform for future purpose.
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November 13, 2018, 05:16:33 PM
 #75

exist a pool or no?
its only a oficial miner?
EnergiCrypto (OP)
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November 13, 2018, 09:56:30 PM
 #76

I don't get any idea about their ICO or pre-sale date form their roadmap, When will the ICO start of this project?

Hi Enzo, we had no ICO and have no plans of doing one. We also did no premine. Energi has been live since April 2018 and is already trading on multiple exchanges. See here: https://coinmarketcap.com/currencies/energi/#markets


So far it's a good project. In this blockchain system, This project looks like a different thing, In this project, Investor will be able to hold masternodes which are providing the voting right.

I see, But is this voting right will be similar to the conventional market share or capital holding? Then how could it work in this project? What will be the role of this voting right in this project?
The primary role of Energi masternodes is voting rights and governance to the blockchain network. Governance is the foundation of any long lasting enterprise. 10,000 NRG are needed to run a masternode. Masternodes can vote where Energi from the treasury is directed, as well as receive significant dividend payments.

Energi - Cryptocurrency for world adoption.
EnergiCrypto (OP)
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November 13, 2018, 10:10:13 PM
 #77

exist a pool or no?
its only a oficial miner?

There are 2 pools currently in use, please join our Discord and see the pinned message in the #mining section: https://discordapp.com/invite/sCtgNC3


Is there any mechanism or market face value which would prove this project is free from any scam, How people will keep the belief that This project is real and future oriented?

Here is some information that I believe helps prove that we are very serious project with a long term vision:

Transparent Team page: https://www.energi.world/team/

Distribution
-Energi was fair launched on April 14, 2018 with NO ICO and NO PREMINE. Prior to launch we gave a specific time and date for the launch of our main net which our community eagerly awaited so that mining could begin fairly, avoiding centralization among the coin founders.
-Energi masternode payments were designed to begin at block 216000, which occured on September 18, 2018, almost 160 days after launch. This was to ensure time to list Energi on exchanges, and to further grow the community, and encourage fair and equitable distribution before the extremely powerful masternode rewards begin. It is all too common for masternode coins to feature a premine, which has the effect of centralizing distribution amongst the founders and early adopters.
-Energi has an ongoing Earndrop which will distribute 4 million coins to users who contribute social media activity about Energi, such as tweets, follows, and subscriptions on all major social media platforms. So far nearly 1 million coins have been distributed, which has helped to grow an enthusiastic community and serve to bring coins to the market in a way that is inspired by generosity.

Decentralization
The Energi blockchain is secured by an ASIC resistant proof of work algorithm helping to ensure mining decentralization.
Delayed masternode payments have allowed the market time to react to the future of Energi, helping to ensure a decentralized community of masternode holders.
Decentralized governance with masternodes help to ensure everyone is able to participate in Energi and help guide the project to achieve the best results.

All of the above features in concert work together in a beautiful way to ensure that Energi is prepared for the long term vision. Rather than try to closely find a niche in the market, Energi is prepared to adapt and overcome all challenges for many years to come. Our use case is that of a traditional cryptocurrency, such as Bitcoin. Our strategy, however, is to excel further utilizing and improving upon the most powerful ideas in cryptocurrency.

I recommend checking out some of the videos in this playlist that feature interviews with team members: https://www.youtube.com/playlist?list=PLut3OMrf509r0A22d-Psgnh-JP6cg-Irz
I also recommend checking out Tommy's (Energi Founder) YouTube channel to get a sense of his character and vision he has in the cryptocurrency space -  https://www.youtube.com/channel/UCffr6S11cSULYkSj_B1sdWQ

Energi - Cryptocurrency for world adoption.
clownisme
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November 14, 2018, 04:09:15 PM
 #78

exist a pool or no?
its only a oficial miner?

There are 2 pools currently in use, please join our Discord and see the pinned message in the #mining section: https://discordapp.com/invite/sCtgNC3


Is there any mechanism or market face value which would prove this project is free from any scam, How people will keep the belief that This project is real and future oriented?

Here is some information that I believe helps prove that we are very serious project with a long term vision:

Transparent Team page: https://www.energi.world/team/

Distribution
-Energi was fair launched on April 14, 2018 with NO ICO and NO PREMINE. Prior to launch we gave a specific time and date for the launch of our main net which our community eagerly awaited so that mining could begin fairly, avoiding centralization among the coin founders.
-Energi masternode payments were designed to begin at block 216000, which occured on September 18, 2018, almost 160 days after launch. This was to ensure time to list Energi on exchanges, and to further grow the community, and encourage fair and equitable distribution before the extremely powerful masternode rewards begin. It is all too common for masternode coins to feature a premine, which has the effect of centralizing distribution amongst the founders and early adopters.
-Energi has an ongoing Earndrop which will distribute 4 million coins to users who contribute social media activity about Energi, such as tweets, follows, and subscriptions on all major social media platforms. So far nearly 1 million coins have been distributed, which has helped to grow an enthusiastic community and serve to bring coins to the market in a way that is inspired by generosity.

Decentralization
The Energi blockchain is secured by an ASIC resistant proof of work algorithm helping to ensure mining decentralization.
Delayed masternode payments have allowed the market time to react to the future of Energi, helping to ensure a decentralized community of masternode holders.
Decentralized governance with masternodes help to ensure everyone is able to participate in Energi and help guide the project to achieve the best results.

All of the above features in concert work together in a beautiful way to ensure that Energi is prepared for the long term vision. Rather than try to closely find a niche in the market, Energi is prepared to adapt and overcome all challenges for many years to come. Our use case is that of a traditional cryptocurrency, such as Bitcoin. Our strategy, however, is to excel further utilizing and improving upon the most powerful ideas in cryptocurrency.

I recommend checking out some of the videos in this playlist that feature interviews with team members: https://www.youtube.com/playlist?list=PLut3OMrf509r0A22d-Psgnh-JP6cg-Irz
I also recommend checking out Tommy's (Energi Founder) YouTube channel to get a sense of his character and vision he has in the cryptocurrency space -  https://www.youtube.com/channel/UCffr6S11cSULYkSj_B1sdWQ
It's a concrete information about this issue, I think this type of document will reduce the confusion about that project regarding authenticity, so it will add more added value.
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November 14, 2018, 04:44:02 PM
 #79

the price of Energi Coin was starting at 0.28$ to 1.86$ but the price is decreasing, if you compare this project with the current market situation then it must be a gentle decreasing rate.
lucas18
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November 14, 2018, 05:02:15 PM
 #80

the price of Energi Coin was starting at 0.28$ to 1.86$ but the price is decreasing, if you compare this project with the current market situation then it must be a gentle decreasing rate.
I hope the price of Energi coin will get a massive value in the future. Though the blockchain market is not going well but the time has been changed for sure.

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