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Author Topic: [ANN] Sound Money Coin (SOV). A new King is in town.  (Read 2797 times)
rothbartofficial
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March 06, 2019, 09:15:57 AM
Last edit: March 20, 2019, 05:02:15 AM by rothbartofficial
#1






Whether in Rome, Constantinople, Florence, or Venice, history shows that a sound monetary standard is a necessary prerequisite for human flourishing, without which society stands on the precipice of barbarism and destruction.
 ó Saifedean Ammous


Sound Money Coin (SOV) is a sound money and a secure store of value. It's also the hardest money in existence - even harder than gold which is physically indestructible. As the hardest money, Sound Money Coin is on an unstoppable trajectory to become a global reserve currency used by the poor and wealthy alike. Its transactions are settled on the Ethereum blockchain. Its benefits are:


- Immutable issuance rate and hard cap. SOV Coin is the hardest money possible.
- No ICO or premine.
- No energy expenditure for PoW mining.
- Secured on the Ethereum blockchain.
- Code is open source and can be verified on the Ethereum blockchain.




Rationale


After studying the teachings of Austrian Economists, I felt as if bandages had been taken from my eyes: Government-controlled fiat money is the most devastating force in the Universe. By constantly printing money out of thin air, governments inflate the money supply which leads to high time preference in the population, world wars, Justin Bieber, the breeding of inexcusable aberrations like the Sphinx and Pekingese, and ultimately the demise of mankind.

For something to be a sound money its monetary policy must not be subject to any form governance. In Bitcoin, the inflation rate is determined by block rewards, which are specified in the code of the Bitcoin Core node.

The elephant in the room is that Bitcoin's issuance policy is mutable and could be changed by "social consensus" in the future. All it needs is some influential figureheads manipulating the dumb masses into installing a software upgrade. Bitcoin is NOT sound money. However, the Bitcoin community chooses to ignore this problem.

What if, in a 100 years, it turns out that block rewards are too low to keep the network running? There goes your 21,000,000 max supply, here comes raving inflation. Professor Ammous calls this the "easy money trap": anything used as a store of value will have its supply increased, and anything whose supply can be easily increased will destroy the wealth of those who used it as a store of value.

When implementing a truly hard currency on the blockchain, it is important to decouple monetary policy from the incentive system that keeps the system going. This is where Sound Money Coin (SOV Coin) comes in. We're the hardest money in existence. We will take the store of value crown from Bitcoin and become the backbone of the decentralized finance ecosystem.



SOV Coin is the Kryptonite to the gold that is Bitcoin. In SOV Coin, the monetary policy is encoded into an Ethereum smart contract. It thus obtains the property of true immutability: There is no way to change or update the code of the smart contract, ever. Thus, code is law and the danger of governance is eliminated. If Bitcoin is gold, then Sound Money Coin is Dwarven lodenstone hardened for 1,000 years in the flames of Mordor.

Monetary Supply and Distribution

In contrast to competing SOVs, mining of SOV coins is not restricted to the confines of Chinese factories. Anyone in the world can mint SOV at the cost of an Ethereum transaction. Supply is capped at 21 million, a number that been scientifically proven to be the optimal supply for sound money. New coins can be minted only once per block and the minter receives 0.05 SOV. Each time new SOV are minted, 0.001 SOV go into a fund for further development of the SoundMoneyCoin ecosystem.

SOV Coin is emitted very slowly. The rate of generating SOV Coin is tied to the rate of Ethereum block generation. At current block times, a maximum of 320 SOV Coin can be generated every 24 hours. At this rate, it will take 122 years until the full supply is available.

Mining

The rules are simple: 0.05 SOV can be minted once per Ethereum block by calling the mint function in the SOV Coin smart contract. Minting SOV is free except for the Ethereum transaction fee.

Creating new SOV is not computationally intensive but the cost of production manifests itself in transaction fees. As competition for minting new coins increases, minters will need to compete in the gas price set for each transaction. If there are competing transactions, Ethereum miners will likely to prioritize the transaction with the highest gas price.

f user A calls the mint function with a gas price of 2 Gwei and user B sets gas price to 4 Gwei, user A's transaction will likely end up in the block after user B's transaction and user B will receive the coins. Economically, the cost of minting 1Sound Money Coin is given by the total gas fees and effort spent of all users competing for that coin.

At the same time, the transaction fees paid by all minters goes to the miner who added the Ethereum block to the blockchain (or, in proof-of-stake, to the node who generated  the  block). The miner therefore earns an amount of ETH equal to the value of the SOV minted. This somewhat dis-incentivizes miners from cheating, as they are already earning the high gas fees paid by minters. However, it is still possible,  and even desired behavior,  for miners to cheat eventually to take load off the Ethereum network.

Mining Quickstart Guide

Anybody can mint new coins via the minting app. You do NOT have to pay ETH for mining SOV. However, you will need some ETH to pay for the fees of sending an Ethereum transaction. A more detailed guide is available here. If you run into trouble ask for support on Discord!


If you're too lazy to mint SOV yourself, simply buy some on ForkDelta instead.

Please get mining so that supply gets distributed evenly. We don't want to have 80% of the supply in the hands of 1% of hodlers  Cry


For advanced users with access to an Ethereum node, there is also a Python miner is available that automates the process and emits Ludwig van Mises quotes for the double purpose of entertainment and education.

Code:
python sovminer.py
"Once the principle is admitted that it is the duty of the government to protect the individual against his own foolishness, no serious objections can be advanced against further encroachments."
Txhash: 0x86c5c82875aa913fc323cac085a839889440d8cd57f2a134606c063c12f7b8b2
"All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts."
Txhash: 0xa113faf799b396dc9df2f3a7d8e14af947dbfb6a2492ded9bf8931b4c5c7293d
"The first requisite for a better social order is the return to unrestricted freedom of thought and speech."
Txhash: 0x884bf591c504bfb5266dc6eb9a72f1a13eb135f44f419fc3087e1f7e419d90e0


Fair Mining

You can configure the Python miner (or use some other method) to send transactions at a rapid pace. Yes, this will get you a lot of SOV - but it will also diminish the value of SOV besides clogging the Ethereum network. We keeping the default of 1 transaction per 5 minutes. Remember, you'll be better off holding 1 SOV that's worth $10,000 than holding 10,000 SOV worth $0 because of your actions.

Mining Quickstart Guide

You can head right over to ForkDelta to dump your SOV Coins, or buy some if you're to lazy to hit the 'mint' button over and over again. Note however that in SOV Coin, hodling is king!

Roadmap

SOV Coin is the apex predator of value. Over time, we expect it to become the world's reserve currency. Here is how the history of SOV Coin is expected to play out.


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rothbartofficial
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March 06, 2019, 03:47:27 PM
#2

Thanks! It's pretty much a done deal at this point IMO. History has shown over and over again that people will flock to the hardest money. Assuming that the Ethereum blockchain succeeds (which it will, because it's the apex predator), SOV Coin is the optimal implementation of the store of value use-case.

It's like a holy Trinity with MKR (governance) and DAI (MUE/UOA) and SOV Coin (store of value), plus ETH as the gas for keeping the whole thing going.
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March 06, 2019, 06:44:32 PM
#3

Hello,

Do you have a team? a whitepaper?

Why did you use this quote with a wrong person, please provide a link where he stated what is quoted? 
And this quote is NOT about your project.





Person that quoted that sentence:




http://web.archive.org/web/20190306183634/http://mint.soundmoneycoin.io/

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March 06, 2019, 07:56:09 PM
#4

Hi , the project really has a legitimate strategy, today the distribution system and dependence on the conventional financial market do away with the main purpose of encryption, "decentralization". I agree with the concept of the project and look forward to the development.
I would like to know more about Python miner.
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March 06, 2019, 08:28:01 PM
#5

 Wink

SOV Sovereign coin is traded at Crex24.com/exchange/SOV-BTC

Another ticker maybe?

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March 07, 2019, 12:05:29 AM
#6

What will happen after 122 years when all the SOVs are issued? perhaps inflation will not appear as it will in bitcoin?


I'm guessing KABOOOM! Price sky rockets  Roll Eyes
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March 07, 2019, 01:09:52 AM
Last edit: April 13, 2019, 10:39:36 PM by mprep
#7

Why did you use this quote with a wrong person, please provide a link where he stated what is quoted? 
And this quote is NOT about your project.

Hey ICOEthics, that is Ludwig van Mises, a famous Austrian economist who is already dead. It is not to meant to be a quote about the project rather than the emphasizing the philosophy behind it. But you are right, the quote is actually from Sennholz Undecided We'll fix that, thanks!
Do you feel that it is misleading? We thought it would be obvious that the quote is not directly about the project. We'll add a sentence to clarify this explicitly.

Quote
Do you have a team? a whitepaper?

We do have team but we choose to stay anonymous. There's no ICO and we're asking money for anything so we think that's fair.
Also, we don't think a whitepaper is required. All the info needed is ITT and in the source code on Github and Etherscan. Although we can write one if there's demand  Wink






Wink

SOV Sovereign coin is traded at Crex24.com/exchange/SOV-BTC

Another ticker maybe?

Oooops - well I guess, social consensus will decide who's the real SOV  Roll Eyes



What will happen after 122 years when all the SOVs are issued? perhaps inflation will not appear as it will in bitcoin?

Well exactly, that's the idea. Bitcoin might eventually lift its hard cap because block rewards are needed to incentivize miners. It may or may not happen, but the point is it can happen if there's consensus (and let's be honest, "consensus" in BTC means that a small group of devs and influencers agree, 99% of people will just update their full nodes to whatever makes it into Bitcoin Core).



Why did you use this quote with a wrong person, please provide a link where he stated what is quoted? 
And this quote is NOT about your project.

It has been corrected.
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March 07, 2019, 07:04:43 AM
#8


..... Therefore, SOV Coin has no pre-mine and can be mined by anyone for the cost of an Ethereum transaction fee. As of now, 0.0003% of the maximim supply have been minted. Currently, the cost of mining 1 SOV at a gas price of 2 Gwei is 10 cents.


This is an interesting solution ... I will try how it works.


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March 07, 2019, 10:17:21 AM
#9

Do you have confidence that your coin will be valued more than 10cents per SOV coin?
What would be your major advantages to meet your tagline of being the new King in town?
I think beating BTC is still impossible for the time being, with regards to usage and popularity.

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..PLAY NOW..
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March 07, 2019, 10:22:35 AM
#10

Do you have confidence that your coin will be valued more than 10cents per SOV coin?
What would be your major advantages to meet your tagline of being the new King in town?
I think beating BTC is still impossible for the time being, with regards to usage and popularity.
I certainly am not a developer of the project and can not professionally answer your question. But it seems to me that the pricing in the project depends on how successful the marketing will be. If the coin is popular among the crypto community, you can count on the price of more than 10 cents!
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March 07, 2019, 10:36:06 AM
#11

Do you have confidence that your coin will be valued more than 10cents per SOV coin?
What would be your major advantages to meet your tagline of being the new King in town?
I think beating BTC is still impossible for the time being, with regards to usage and popularity.
Personally I donít think that it is so important to overcome Bitcoin to become popular and useful for the community. I am pretty interested it SOV Coin because I want to try mining. And SOV seems to be one of the most perspectives from all that I have noticed
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March 07, 2019, 11:13:12 AM
#12

Do you have confidence that your coin will be valued more than 10cents per SOV coin?
What would be your major advantages to meet your tagline of being the new King in town?
I think beating BTC is still impossible for the time being, with regards to usage and popularity.

Yes, as long as demand grows faster than new coins can be issued. Supply is very low and gasprice to mint will increase. It's a little bit like a lottery - whoever gets into the block first wins the price.
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March 07, 2019, 11:30:41 AM
#13

Do you have an official website? How many coins do you need to open a pool and what is its price? What is the profit?
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March 07, 2019, 12:54:17 PM
#14

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
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March 07, 2019, 12:55:49 PM
#15

Do you have confidence that your coin will be valued more than 10cents per SOV coin?
What would be your major advantages to meet your tagline of being the new King in town?
I think beating BTC is still impossible for the time being, with regards to usage and popularity.

Yes, as long as demand grows faster than new coins can be issued. Supply is very low and gasprice to mint will increase. It's a little bit like a lottery - whoever gets into the block first wins the price.
This concept is unusual and interesting. maybe this project will be successful. I will follow the development, good luck to the team.
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March 07, 2019, 01:16:34 PM
#16

I'm afraid to seem foolish, but I can not understand how it works. This is not similar to masternodes or POS-staking, since you do not need to have coins on your balance ... This is not similar to classic mining, because you donít need to have special powerful equipment ...
How will the mining of coins go?
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March 07, 2019, 01:20:06 PM
#17

Guys, you forgive me, but I can not understand how mining in the browser? It turns out that any user can just start mining on his old laptop? Sounds fantastic!

Mining is not resource intense but the cost of production manifests itself in gas fees. If you have two competing transactions, miners will tend to prioritize the transaction with the higher gas price. If one user calls mint() with as gas price of 2 Gwei and another user who pays 4 Gwei, user number will likely lose the bid.

Theoretically, gas price could go up indefinitely depending on how much demand there is for mining SOV.

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March 07, 2019, 01:20:16 PM
#18

Guys, you forgive me, but I can not understand how mining in the browser? It turns out that any user can just start mining on his old laptop? Sounds fantastic!
yes, anyone can start.
you can read the starting message, there is a detailed explanation.
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March 07, 2019, 01:22:48 PM
#19

I receive this error in metamask
ALERT: Transaction Error. Exception thrown in contract code.
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March 07, 2019, 01:33:22 PM
#20

I receive this error in metamask
ALERT: Transaction Error. Exception thrown in contract code.

This happens if another user bids for the same block reward but pays a higher gas price. In that case, your transaction will likely end up in the same block *after* that user's transaction.

Currenly, it looks like users pay between 3 and 4 Gwei for a transaction (you can look this up on EtherScan, but hopefully we'll have a dashboard soon that shows some stats about that.).

This means that if you want your transaction to likely succeed, you should set a gas price of 5-6 Gwei.

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March 07, 2019, 01:50:55 PM
#21

so we just need to click non stop <mint>? that all?
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March 07, 2019, 03:04:33 PM
#22

so we just need to click non stop <mint>? that all?

Basically, yes Cheesy

You might need to increase the gas price to outbid other who try to mint in the same block.
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March 07, 2019, 03:08:46 PM
#23

Maybe I missed somewhere, I understand that verification is not necessary, you just need to have a metamask wallet?
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March 07, 2019, 03:16:06 PM
Last edit: April 13, 2019, 10:40:03 PM by mprep
#24

How do I understand the white paper and more detailed information about the project will be later?

There is no whitepaper. It's simply a smart contract, no ICO, and complete and utter anarchy.




Maybe I missed somewhere, I understand that verification is not necessary, you just need to have a metamask wallet?

That's correct.
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March 07, 2019, 03:33:39 PM
#25


Conclusion

Now that the cat is out of the bag is no turning back. Inevitably, SOV will turn into the global reserve currency. Clever governments and entrepeneurs will get in sooner rather than later - those early adopters will be at the top of the new world order. Eventually however even the world's most backwards central banks will grudgingly buy SoundMoneyCoin reserves. Soon after, we will see the end of wars, the-emergence of beautiful science and art, and the crafting of spaceships that fly us to the furthest corners of the Universe.


This topic has rapidly escalated into a series of shitposts typical for users who are trying to get their signature bounty stakes, which is a shame, as the project appears interesting from a technical standpoint. I do have to comment on the above, which sounds like provocative sarcasm, or delusions.  Grin In any case, good luck to you. Smiley

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March 07, 2019, 03:39:11 PM
#26

Indeed, with the standard value gas does not work. I put gas in the tinctures = 5 and the transaction was successful. But nothing else happens. What should I do next? Do not close the browser or what to do?

If the transaction was successful, you should see a balance of 0.05 SOV in your wallet.

You can send those around using Metamask but you have to add them as a custom token first. I'll add a howto for that to the OP later.
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March 07, 2019, 03:39:49 PM
#27

How do I understand the white paper and more detailed information about the project will be later?

There is no whitepaper. It's simply a smart contract, no ICO, and complete and utter anarchy.

I recently saw a lot of projects on a smart contract, it became popular among developers, it's all about the simplicity of creation
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March 07, 2019, 03:42:29 PM
#28

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
this is not a new idea, such production was used in 2017, some sites to watch movies in stealth mode, I was sometimes notified by the antivirus
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March 07, 2019, 03:44:03 PM
#29

Everything worked out! everything works! Received the first 0.05 SOV Coins!
http://images.vfl.ru/ii/1551973363/c729c096/25673133.jpg
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March 07, 2019, 03:59:49 PM
#30

How do I understand the white paper and more detailed information about the project will be later?

There is no whitepaper. It's simply a smart contract, no ICO, and complete and utter anarchy.


No Team and No whitepaper - you want people to mine coins and what? a pump and dump? Anarchy as you wrote? Venezuela II?

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March 07, 2019, 04:10:25 PM
#31

How do I understand the white paper and more detailed information about the project will be later?

There is no whitepaper. It's simply a smart contract, no ICO, and complete and utter anarchy.


No Team and No whitepaper - you want people to mine coins and what? a pump and dump? Anarchy as you wrote? Venezuela II?

Actually the opposite of Venezuela, because there is no way to print SOV beyond the limit set by Ethereum block times, and inflation is set in stone forever. That's the whole point  Roll Eyes

Smart contracts replace the need for a team. The smart contract already fully determines all aspects of the currency, band in contrast to Bitcoin it can never change.

Regarding pump & dump, any coin is susceptible as long as trading volume is low. The only way top prevent it is to have as many individuals mine as possible and prevent whales from accumulating to many coins.
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March 07, 2019, 04:10:35 PM
#32

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
this is not a new idea, such production was used in 2017, some sites to watch movies in stealth mode, I was sometimes notified by the antivirus
And what is the point then? watching the movie in the mode of the unknown, somehow strange, never heard of this before)
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March 07, 2019, 05:59:50 PM
#33

Actually had a similar idea for creating a token for hedging fluctuating gas costs. If a token similar to the SOV had no limit to the supply and minting was not constrained (only by fixed gas requirement per unit), then price on exchanges should go up and down with the current gas price. Not sure if it would attract enough trading to create enough liquidity but theres futures markets for almost everything so why not? If wallets and dapps would integrate trading with such token they could enjoy predictable gas costs per tx  Cool
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March 07, 2019, 07:18:14 PM
#34

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
this is not a new idea, such production was used in 2017, some sites to watch movies in stealth mode, I was sometimes notified by the antivirus
And what is the point then? watching the movie in the mode of the unknown, somehow strange, never heard of this before)
It really sounds a bit strange or even weir:) it may be good for these who are obsessed with anonymity. There are pretty lots of them in crypt
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March 07, 2019, 10:26:51 PM
#35

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
this is not a new idea, such production was used in 2017, some sites to watch movies in stealth mode, I was sometimes notified by the antivirus
And what is the point then? watching the movie in the mode of the unknown, somehow strange, never heard of this before)
It really sounds a bit strange or even weir:) it may be good for these who are obsessed with anonymity. There are pretty lots of them in crypt
In a such difficult market situation it is not so strange .. Personally, for me anonymity is very important thing
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March 07, 2019, 11:00:58 PM
#36

Mining in the browser sounds very cool! Whether prompt there is any detailed instruction how to configure everything? I would like to try but never did any mining.
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March 07, 2019, 11:32:16 PM
#37

Mining in the browser sounds very cool! Whether prompt there is any detailed instruction how to configure everything? I would like to try but never did any mining.
I am also interested in this question. I do not see the site and white paper of this project? Where can I find intructions?
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March 07, 2019, 11:41:32 PM
#38

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
this is not a new idea, such production was used in 2017, some sites to watch movies in stealth mode, I was sometimes notified by the antivirus
And what is the point then? watching the movie in the mode of the unknown, somehow strange, never heard of this before)
sites for watching movies earned on this, and not the person who watches the movie.
but this project offers to earn browser mining for a browser user.
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March 08, 2019, 03:42:37 AM
Last edit: April 13, 2019, 10:40:38 PM by mprep
#39

Mining in the browser sounds very cool! Whether prompt there is any detailed instruction how to configure everything? I would like to try but never did any mining.
I am also interested in this question. I do not see the site and white paper of this project? Where can I find intructions?

Unfortunately the best instructions we have right now are in the OP. But you can reach out on Discord for support.



Mining in the browser sounds very cool! Whether prompt there is any detailed instruction how to configure everything? I would like to try but never did any mining.

Check the ANN post on page 1 or ask on Discord.
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March 08, 2019, 05:13:54 AM
#40

Another sound money idea, bitcoin was suppossed to take this role but it seems be more like paper money disruptor than soundmoney. let this experiment running and we all should know. Anyway i have heard from someone in ethdenver that with the time being the eth devs are preparing to reduce gas fees even to 0. Now if that happen in the future, how can we mint the SOV? Still it use the auction system'?
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March 08, 2019, 08:04:09 AM
#41

Personally I donít think that it is so important to overcome Bitcoin to become popular and useful for the community. I am pretty interested it SOV Coin because I want to try mining. And SOV seems to be one of the most perspectives from all that I have noticed
Why do you even need to win someone? I believe that in the future crypto-economy there will be a place for many projects. The presence of a single global cryptocurrency is also not a good idea...
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March 08, 2019, 08:48:48 AM
#42

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
this is not a new idea, such production was used in 2017, some sites to watch movies in stealth mode, I was sometimes notified by the antivirus
And what is the point then? watching the movie in the mode of the unknown, somehow strange, never heard of this before)
sites for watching movies earned on this, and not the person who watches the movie.
but this project offers to earn browser mining for a browser user.
The fact of the matter is that mining in browsers is very actively used by various hackers. So often extracted Monero. Only this is hidden mining and the user is unaware of it. Here is a different situation. Everything is all honest. This is a good opportunity to try mining in 2019!
rothbartofficial
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March 08, 2019, 09:10:53 AM
#43

Another sound money idea, bitcoin was suppossed to take this role but it seems be more like paper money disruptor than soundmoney. let this experiment running and we all should know. Anyway i have heard from someone in ethdenver that with the time being the eth devs are preparing to reduce gas fees even to 0. Now if that happen in the future, how can we mint the SOV? Still it use the auction system'?

It is not possible reduce the gas fees to 0. There would be no more spam protection and anybody could flood the network.
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March 08, 2019, 09:23:01 AM
#44

I'm wondering how the mining process goes? I can `t get it. Should I keep the tab in the browser always open?
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March 08, 2019, 09:39:52 AM
Last edit: March 09, 2019, 06:23:45 AM by Tom786Ivanova
#45

On the one hand, the project looks technically very interesting and unusual, but on the other hand, everything is very primitive: no RoadMaps and WhitePaper ... no information about the team ... I would like all this information to be available to users.
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March 08, 2019, 09:56:55 AM
#46

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
this is not a new idea, such production was used in 2017, some sites to watch movies in stealth mode, I was sometimes notified by the antivirus
And what is the point then? watching the movie in the mode of the unknown, somehow strange, never heard of this before)
sites for watching movies earned on this, and not the person who watches the movie.
but this project offers to earn browser mining for a browser user.
The fact of the matter is that mining in browsers is very actively used by various hackers. So often extracted Monero. Only this is hidden mining and the user is unaware of it. Here is a different situation. Everything is all honest. This is a good opportunity to try mining in 2019!
Well, the wallet is a metamask and it is well protected, and this company uses it
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March 08, 2019, 10:22:01 AM
#47

On the one hand, the project looks technically very interesting and unusual, but on the other hand, everything is very primitive: no Breeding Card and White Paper ... no information about the team ... I would like all this information to be available to users.
You correctly noticed that there is little information about the team, and there is no white paper, perhaps in the future it will be, but you want more information than it is now
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March 08, 2019, 10:27:19 AM
#48


Mining is not resource intense but the cost of production manifests itself in gas fees. If you have two competing transactions, miners will tend to prioritize the transaction with the higher gas price. If one user calls mint() with as gas price of 2 Gwei and another user who pays 4 Gwei, user number will likely lose the bid.

Theoretically, gas price could go up indefinitely depending on how much demand there is for mining SOV.

The increase in the cost of gas should affect the cost of production of SOV Coin and, accordingly, positively affect its growth price SOV Coin. Do I get it right?
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March 08, 2019, 10:35:10 AM
#49

On the one hand, the project looks technically very interesting and unusual, but on the other hand, everything is very primitive: no Breeding Card and White Paper ... no information about the team ... I would like all this information to be available to users.
You correctly noticed that there is little information about the team, and there is no white paper, perhaps in the future it will be, but you want more information than it is now
I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
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March 08, 2019, 10:50:36 AM
#50

I did yesterday everything that was written and received coins: 0.05 SOV Coins. All night my computer was turned on and the browser was running, but my balance is still 0.05 SOV. Why is my balance not increasing? What am I doing wrong?
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March 08, 2019, 10:51:03 AM
#51

On the one hand, the project looks technically very interesting and unusual, but on the other hand, everything is very primitive: no Breeding Card and White Paper ... no information about the team ... I would like all this information to be available to users.
You correctly noticed that there is little information about the team, and there is no white paper, perhaps in the future it will be, but you want more information than it is now
I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them

I don't agree that a whitepaper is necessary. Whitepapers are a meme. All the information you need is in the smart contract code and ANN.
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March 08, 2019, 11:10:23 AM
#52

On the one hand, the project looks technically very interesting and unusual, but on the other hand, everything is very primitive: no Breeding Card and White Paper ... no information about the team ... I would like all this information to be available to users.
You correctly noticed that there is little information about the team, and there is no white paper, perhaps in the future it will be, but you want more information than it is now
I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them

I don't agree that a whitepaper is necessary. Whitepapers are a meme. All the information you need is in the smart contract code and ANN.
You can simply follow the news of the project, this is the essence, but I do not agree that white paper is not needed
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March 08, 2019, 11:22:48 AM
#53

Personally I donít think that it is so important to overcome Bitcoin to become popular and useful for the community. I am pretty interested it SOV Coin because I want to try mining. And SOV seems to be one of the most perspectives from all that I have noticed
Why do you even need to win someone? I believe that in the future crypto-economy there will be a place for many projects. The presence of a single global cryptocurrency is also not a good idea...
But now there is a good period on the market by the fact that most of the projects are simply eliminated, the place will certainly be for everyone, but can everyone be on the market for so long when there are, for example, stronger competitors and with a better idea?
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March 08, 2019, 11:34:19 AM
#54

Tell the team, do you plan to make white paper? so that people know more about va, although you have little information in the branch, but it would still be very interesting to read in more detail
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March 08, 2019, 12:48:17 PM
#55

When I read the project description, I thought it was a great chance to start mining. After all, in fact, nothing is needed except the browser and the Internet. Yesterday everything worked out, but for more than a day my balance (0.05 SOV Coins) remains unchanged ... What am I doing wrong?
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March 08, 2019, 01:13:55 PM
#56

I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
Of course, these are important documents for any project. But agree that it is better when there is no White Paper and a Road Map, but there is a unique code of its own and a unique idea. There are many projects that have white paper, road maps and a beautiful website, but there is no active development.
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March 08, 2019, 01:25:19 PM
#57

Another sound money idea, bitcoin was suppossed to take this role but it seems be more like paper money disruptor than soundmoney. let this experiment running and we all should know. Anyway i have heard from someone in ethdenver that with the time being the eth devs are preparing to reduce gas fees even to 0. Now if that happen in the future, how can we mint the SOV? Still it use the auction system'?
It is not possible reduce the gas fees to 0. There would be no more spam protection and anybody could flood the network.
Certainly you are right! The payment for gas in the future will only grow. About any reduction can be no question.
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March 08, 2019, 01:35:38 PM
#58

Another sound money idea, bitcoin was suppossed to take this role but it seems be more like paper money disruptor than soundmoney. let this experiment running and we all should know. Anyway i have heard from someone in ethdenver that with the time being the eth devs are preparing to reduce gas fees even to 0. Now if that happen in the future, how can we mint the SOV? Still it use the auction system'?
It is not possible reduce the gas fees to 0. There would be no more spam protection and anybody could flood the network.
Certainly you are right! The payment for gas in the future will only grow. About any reduction can be no question.
I also think that gas limit is important thing that prevent market from some more spam. However, we already suffer from it now
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March 08, 2019, 01:47:30 PM
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#59

I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
Of course, these are important documents for any project. But agree that it is better when there is no White Paper and a Road Map, but there is a unique code of its own and a unique idea. There are many projects that have white paper, road maps and a beautiful website, but there is no active development.
I donít understand why you think that it is better not to have Roadmap and Whitepaper.. I also think that it is very important part of any project because it gives clear understanding to all community members
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March 08, 2019, 01:51:40 PM
#60

Mining in the browser sounds very cool! Whether prompt there is any detailed instruction how to configure everything? I would like to try but never did any mining.
I am also interested in this question. I do not see the site and white paper of this project? Where can I find intructions?
I guess it is not yet developed. We all have to be a bit more patient, because there are so many things to be done during first stages of a project
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March 08, 2019, 02:02:45 PM
#61

I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
Of course, these are important documents for any project. But agree that it is better when there is no White Paper and a Road Map, but there is a unique code of its own and a unique idea. There are many projects that have white paper, road maps and a beautiful website, but there is no active development.
I donít understand why you think that it is better not to have Roadmap and Whitepaper.. I also think that it is very important part of any project because it gives clear understanding to all community members
I agree with you.
community and investors want to know all the information about the project.
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March 08, 2019, 02:04:45 PM
#62

It is a meme that every crypto project needs a whitepaper. Look into the ANN thread and check out the smart contract source code, all the information you need is there!
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March 08, 2019, 02:05:37 PM
#63

I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
Of course, these are important documents for any project. But agree that it is better when there is no White Paper and a Road Map, but there is a unique code of its own and a unique idea. There are many projects that have white paper, road maps and a beautiful website, but there is no active development.
I donít understand why you think that it is better not to have Roadmap and Whitepaper.. I also think that it is very important part of any project because it gives clear understanding to all community members
I agree with you.
community and investors want to know all the information about the project.
So thatís why we can stimulate devs to do it:)) it is important if team take to account their investorís opinions
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March 08, 2019, 02:28:26 PM
#64

I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
Of course, these are important documents for any project. But agree that it is better when there is no White Paper and a Road Map, but there is a unique code of its own and a unique idea. There are many projects that have white paper, road maps and a beautiful website, but there is no active development.
I donít understand why you think that it is better not to have Roadmap and Whitepaper.. I also think that it is very important part of any project because it gives clear understanding to all community members
I agree with you.
community and investors want to know all the information about the project.
So thatís why we can stimulate devs to do it:)) it is important if team take to account their investorís opinions

Roadmap has been included into the ANN OP and announcement article. World domination and $7 trillion marketcap buy 2035.
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March 08, 2019, 03:24:14 PM
#65

I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
Of course, these are important documents for any project. But agree that it is better when there is no White Paper and a Road Map, but there is a unique code of its own and a unique idea. There are many projects that have white paper, road maps and a beautiful website, but there is no active development.
I donít understand why you think that it is better not to have Roadmap and Whitepaper.. I also think that it is very important part of any project because it gives clear understanding to all community members
I agree with you.
community and investors want to know all the information about the project.
So thatís why we can stimulate devs to do it:)) it is important if team take to account their investorís opinions

Roadmap has been included into the ANN OP and announcement article. World domination and $7 trillion marketcap buy 2035.
wow you 2035? I expect such a capitalization much earlier. This is a very promising technology and it will gain world domination.
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March 08, 2019, 03:32:58 PM
#66


wow you 2035? I expect such a capitalization much earlier. This is a very promising technology and it will gain world domination.
This is a very big number and it seems to me that this is a typo. This capitalization is much larger than the entire cryptocurrency at the moment. Such numbers are simply not possible.
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March 08, 2019, 03:48:35 PM
#67

I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
Of course, these are important documents for any project. But agree that it is better when there is no White Paper and a Road Map, but there is a unique code of its own and a unique idea. There are many projects that have white paper, road maps and a beautiful website, but there is no active development.
I donít understand why you think that it is better not to have Roadmap and Whitepaper.. I also think that it is very important part of any project because it gives clear understanding to all community members
I agree with you.
community and investors want to know all the information about the project.
So thatís why we can stimulate devs to do it:)) it is important if team take to account their investorís opinions

Roadmap has been included into the ANN OP and announcement article. World domination and $7 trillion marketcap buy 2035.
This is a very interesting article. I liked your roadmap, I hope you will be able to complete your plans and develop a successful project.
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March 08, 2019, 04:30:51 PM
#68

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
this is not a new idea, such production was used in 2017, some sites to watch movies in stealth mode, I was sometimes notified by the antivirus
And what is the point then? watching the movie in the mode of the unknown, somehow strange, never heard of this before)
sites for watching movies earned on this, and not the person who watches the movie.
but this project offers to earn browser mining for a browser user.
The fact of the matter is that mining in browsers is very actively used by various hackers. So often extracted Monero. Only this is hidden mining and the user is unaware of it. Here is a different situation. Everything is all honest. This is a good opportunity to try mining in 2019!
to prevent hacker mining, I installed an ad-blocking extension and it started blocking illegal mining

this project has quite good prospects of development
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March 08, 2019, 04:59:38 PM
#69

very interesting project, but how it will be beneficial for users?
I have already heard about browsers with built-in mining,but I did not dare to test it
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March 08, 2019, 07:37:47 PM
#70

Hmmm Mining in the browser ... This is something new. You can also try. I understand the power of the computer does not matter to anyone? Mine can be on almost any device?
this is not a new idea, such production was used in 2017, some sites to watch movies in stealth mode, I was sometimes notified by the antivirus
And what is the point then? watching the movie in the mode of the unknown, somehow strange, never heard of this before)
sites for watching movies earned on this, and not the person who watches the movie.
but this project offers to earn browser mining for a browser user.
The fact of the matter is that mining in browsers is very actively used by various hackers. So often extracted Monero. Only this is hidden mining and the user is unaware of it. Here is a different situation. Everything is all honest. This is a good opportunity to try mining in 2019!
to prevent hacker mining, I installed an ad-blocking extension and it started blocking illegal mining

this project has quite good prospects of development
The ad-blocking extension does not block hidden mining. it is not intended for this.
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March 08, 2019, 07:56:46 PM
#71

Reading a little of the introduction of SOV Coin, I did not understand the total amount of coins that will be available? Will not it have a fixed value in the total supply?

OI
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March 08, 2019, 08:23:38 PM
#72

good project and really interesting roadmap.there will be any new roadmap for 2019??
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March 08, 2019, 09:13:23 PM
#73

Reading a little of the introduction of SOV Coin, I did not understand the total amount of coins that will be available? Will not it have a fixed value in the total supply?
I also do not see this information. but this figure is very important for miners. I hope the team will show this information soon.
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March 08, 2019, 09:25:19 PM
#74

Reading a little of the introduction of SOV Coin, I did not understand the total amount of coins that will be available? Will not it have a fixed value in the total supply?
Here is a link to etherscan.io. It indicates the number of tokens. I do not know whether the possibility of creating new coins. You need to ask the developers about it.
https://etherscan.io/token/0x010589b7c33034b802f7dba2c88cc9cec0f46673
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March 08, 2019, 09:36:59 PM
#75

I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
Of course, these are important documents for any project. But agree that it is better when there is no White Paper and a Road Map, but there is a unique code of its own and a unique idea. There are many projects that have white paper, road maps and a beautiful website, but there is no active development.
I donít understand why you think that it is better not to have Roadmap and Whitepaper.. I also think that it is very important part of any project because it gives clear understanding to all community members
I agree with you.
community and investors want to know all the information about the project.
So thatís why we can stimulate devs to do it:)) it is important if team take to account their investorís opinions

Roadmap has been included into the ANN OP and announcement article. World domination and $7 trillion marketcap buy 2035.
Oh, it seems to be so tempting and perspective. I believe that it will give a lot for crypt 
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March 08, 2019, 09:52:24 PM
#76

Reading a little of the introduction of SOV Coin, I did not understand the total amount of coins that will be available? Will not it have a fixed value in the total supply?

It says there will be an immutable issuance rate for the money supply, so yes, there is a pre-determined issuance schedule that can't be changed.
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March 09, 2019, 02:12:26 AM
#77

My finger and arms hurt from having to mine this manually. It would be amazing ff the crypto community came up with a tutorial on how to set up the automation of minting this coin. I have been viewing the explorer and I'm more than convinced that someone is minting this automatically  Huh
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March 09, 2019, 04:33:00 AM
#78

My finger and arms hurt from having to mine this manually. It would be amazing ff the crypto community came up with a tutorial on how to set up the automation of minting this coin. I have been viewing the explorer and I'm more than convinced that someone is minting this automatically  Huh

Actually it may be bad to set up an automated function because if you end up being outbid, or outgassed, you are going to be continually wasting gas every time. Which could add up to a lot of ETH. This coin is really interesting because there will always be the potential to "get some cheap" just by the nature of how quickly ETH blocks can be mined back to back, but the price isn't going to be always kept low for the coin because the more popular it gets, the more people there will be bidding at any given block. I think this coin has the potential to really catch on. Especially because you know that it's distribution is going to end up very very balanced in the long run.
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March 09, 2019, 05:01:42 AM
#79

Often such non-informative roadmaps come from a non-professionally trained team. Developers save on managers and as a result we have these results.
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March 09, 2019, 06:29:08 AM
#80

Roadmap has been included into the ANN OP and announcement article. World domination and $7 trillion marketcap buy 2035.
Thank you for the link to the article! It was really interesting and informative reading! I've learned a lot more about your plans! I hope that the SOV Coin project will be a success!
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March 09, 2019, 06:44:45 AM
#81

Reading a little of the introduction of SOV Coin, I did not understand the total amount of coins that will be available? Will not it have a fixed value in the total supply?
The number of coins is fixed in the smart contract and amounts to 21 million SOV Coin.
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March 09, 2019, 07:06:35 AM
#82

When I read the project description, I thought it was a great chance to start mining. After all, in fact, nothing is needed except the browser and the Internet. Yesterday everything worked out, but for more than a day my balance (0.05 SOV Coins) remains unchanged ... What am I doing wrong?
You did not understand correctly what to do. It is not enough to keep the browser running. You need to send micro transactions and you will receive coins in return. This must be done constantly in manual mode. This does not happen automatically.
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March 09, 2019, 07:22:51 AM
#83

Well, the wallet is a metamask and it is well protected, and this company uses it
The wallet is a metamask this is a great solution. Metamask reliable wallet known to a very large number of users. I do not see any problems using it.
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March 09, 2019, 07:35:06 AM
#84

Well, the wallet is a metamask and it is well protected, and this company uses it
The wallet is a metamask this is a great solution. Metamask reliable wallet known to a very large number of users. I do not see any problems using it.
To be honest, I havenít use MetaMask, but everybody say that it is reliable and good enough to use
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March 09, 2019, 07:42:38 AM
#85

By the way, they wrote that it is meaningless to do transactions with GWEI with a value of 2. I have sent successful transactions with GWEI 2 a few dozen times today.
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March 09, 2019, 07:47:26 AM
#86

I just thought about something. Once the coin is even moderately in demand, there will likely be so many users trying to mint it that they will be turned away by the money they lose every time they attempt to mint the coin and it has a failed transaction. There should be a counter on the webpage next to the mint button that says the gas spent by the previous transaction, or an average of the previous 10 transactions or something, so that users have a general idea if they will be successful or not.
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March 09, 2019, 08:08:01 AM
#87

When I read the project description, I thought it was a great chance to start mining. After all, in fact, nothing is needed except the browser and the Internet. Yesterday everything worked out, but for more than a day my balance (0.05 SOV Coins) remains unchanged ... What am I doing wrong?
You did not understand correctly what to do. It is not enough to keep the browser running. You need to send micro transactions and you will receive coins in return. This must be done constantly in manual mode. This does not happen automatically.
Thank you for trying to help and answering my question. Yesterday I figured it out myself. Yes, you really need to constantly send these micro transactions in manual mode.
P.S. I already have 1 SOV Coin! )))
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March 09, 2019, 08:18:24 AM
#88

Guys I was really hooked on the idea of this project. I'm sitting in the morning and like crazy sending these transactions... )))
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March 09, 2019, 09:03:45 AM
#89

Guys I was really hooked on the idea of this project. I'm sitting in the morning and like crazy sending these transactions... )))
Similarly! It would be nice to automate this process. But then that idea which promises real decentralization of this coin disappears!
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March 09, 2019, 09:14:16 AM
#90

That is, while the SOV Coin is little-known it is mined by a small number of people. The more people are interested in this coin and will start to mine it, the less chances to get a coin and it will be necessary to constantly raise GWEI. That should lead to an increase in the cost of mining the coin and, accordingly, raise its price in exchange. Brilliant!
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March 09, 2019, 09:16:38 AM
#91

That is, while the SOV Coin is little-known it is mined by a small number of people. The more people are interested in this coin and will start to mine it, the less chances to get a coin and it will be necessary to constantly raise GWEI. That should lead to an increase in the cost of mining the coin and, accordingly, raise its price in exchange. Brilliant!
To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive
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March 09, 2019, 09:23:11 AM
#92

That is, while the SOV Coin is little-known it is mined by a small number of people. The more people are interested in this coin and will start to mine it, the less chances to get a coin and it will be necessary to constantly raise GWEI. That should lead to an increase in the cost of mining the coin and, accordingly, raise its price in exchange. Brilliant!
To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive

It is actually doesnít working now. But lotís of investors and traders have a high expectations about it
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March 09, 2019, 09:28:51 AM
#93

To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive
In this SoundMoneyCoin project, everything is built a little differently. Here mining is really available for everyone. For absolutely every user who wants to get this SOV Coin. There are no threats of decentralization, there are no threats of "attack 51" or the danger that the coin will start to mine large pools or farms of asics. It's almost a perfect distribution of coins!
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March 09, 2019, 09:35:42 AM
#94

To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive
In this SoundMoneyCoin project, everything is built a little differently. Here mining is really available for everyone. For absolutely every user who wants to get this SOV Coin. There are no threats of decentralization, there are no threats of "attack 51" or the danger that the coin will start to mine large pools or farms of asics. It's almost a perfect distribution of coins!
But how SOV can avoid attac 51%? I thought that it is vulnerability of every project in crypt
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March 09, 2019, 09:38:24 AM
#95

That is, while the SOV Coin is little-known it is mined by a small number of people. The more people are interested in this coin and will start to mine it, the less chances to get a coin and it will be necessary to constantly raise GWEI. That should lead to an increase in the cost of mining the coin and, accordingly, raise its price in exchange. Brilliant!
To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive
It is becoming less popular than it was in previous years. Thatís because most current coins and tokens doesnít need mining. They are based on PoS or hybrid protocols 
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March 09, 2019, 09:51:45 AM
#96

By the way, they wrote that it is meaningless to do transactions with GWEI with a value of 2. I have sent successful transactions with GWEI 2 a few dozen times today.
I also sent transactions with Gwei 2 this morning, but later the system began to set the minimum value of Gwei 4.
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March 09, 2019, 09:54:27 AM
#97

That is, while the SOV Coin is little-known it is mined by a small number of people. The more people are interested in this coin and will start to mine it, the less chances to get a coin and it will be necessary to constantly raise GWEI. That should lead to an increase in the cost of mining the coin and, accordingly, raise its price in exchange. Brilliant!
To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive
It is becoming less popular than it was in previous years. Thatís because most current coins and tokens doesnít need mining. They are based on PoS or hybrid protocols 
Now in general, as for me, those coins that need to mine will not be particularly popular, perhaps people are just disappointed
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March 09, 2019, 09:56:50 AM
#98

What does SOV stand for?
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March 09, 2019, 10:04:13 AM
#99

That is, while the SOV Coin is little-known it is mined by a small number of people. The more people are interested in this coin and will start to mine it, the less chances to get a coin and it will be necessary to constantly raise GWEI. That should lead to an increase in the cost of mining the coin and, accordingly, raise its price in exchange. Brilliant!
To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive

It is actually doesnít working now. But lotís of investors and traders have a high expectations about it
Right now, as for me, most of the traders went to the stock exchanges and there they sell already popular tokens, there is almost no sense to invest now
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March 09, 2019, 10:12:40 AM
#100

That is, while the SOV Coin is little-known it is mined by a small number of people. The more people are interested in this coin and will start to mine it, the less chances to get a coin and it will be necessary to constantly raise GWEI. That should lead to an increase in the cost of mining the coin and, accordingly, raise its price in exchange. Brilliant!
To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive
Well, mining will still be alive, this project provides us with new opportunities for mining tokens, so weíll check
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March 09, 2019, 10:25:35 AM
#101

Well, the wallet is a metamask and it is well protected, and this company uses it
The wallet is a metamask this is a great solution. Metamask reliable wallet known to a very large number of users. I do not see any problems using it.
To be honest, I havenít use MetaMask, but everybody say that it is reliable and good enough to use
Well, the best browser for firefox, I have many friends use it and have not had any complaints yet
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March 09, 2019, 10:45:09 AM
#102

Well, the wallet is a metamask and it is well protected, and this company uses it
The wallet is a metamask this is a great solution. Metamask reliable wallet known to a very large number of users. I do not see any problems using it.
The main thing is to keep your keys in a safe place and this wallet is very popular among many users of cryptocurrency
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March 09, 2019, 12:45:10 PM
#103

Sounds like you're aiming big! Good luck to you, I'll make sure to keep an eye on this coin Smiley
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March 09, 2019, 02:12:24 PM
#104

Well, the wallet is a metamask and it is well protected, and this company uses it
The wallet is a metamask this is a great solution. Metamask reliable wallet known to a very large number of users. I do not see any problems using it.
The main thing is to keep your keys in a safe place and this wallet is very popular among many users of cryptocurrency
Metamask wallet is quite reliable.
but hackers can steal coins from him if a computer is hacked.
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March 09, 2019, 02:38:45 PM
#105

You paint integration with Ethereum so beautifully.Is there official confirmation of Your words or is it just a fantasy?In addition to forkdelta where else is trading Your token?
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March 09, 2019, 03:24:35 PM
#106

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
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March 09, 2019, 03:56:07 PM
#107



The ad-blocking extension does not block hidden mining. it is not intended for this.

AdGuard extension several times warned that some sites use hidden mining when watching movies,I saw it with my own eyes, so I believe more my eyes than someone else's words Wink Wink Wink
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March 09, 2019, 04:38:41 PM
#108

I think that Whitepaper and roadmap are the most important documentations am therefore developers should publish them
Of course, these are important documents for any project. But agree that it is better when there is no White Paper and a Road Map, but there is a unique code of its own and a unique idea. There are many projects that have white paper, road maps and a beautiful website, but there is no active development.
I donít understand why you think that it is better not to have Roadmap and Whitepaper.. I also think that it is very important part of any project because it gives clear understanding to all community members
I agree with you.
community and investors want to know all the information about the project.
investors prefer maximum information about the new project, and the more information and it is true, the more investors will be interested in the project
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March 09, 2019, 04:41:10 PM
#109

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!
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March 09, 2019, 04:44:51 PM
#110

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
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March 09, 2019, 05:23:40 PM
#111

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.
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March 09, 2019, 05:36:23 PM
Last edit: April 13, 2019, 10:41:18 PM by mprep
#112

You paint integration with Ethereum so beautifully.Is there official confirmation of Your words or is it just a fantasy?In addition to forkdelta where else is trading Your token?

Bot sure what you mean by "official confirmation". You can check the smart contract on Etherscan  Wink

We're investigating an exchange listing, but right now it is still far too early for that. A second way to trade it OTC on Discord.



My finger and arms hurt from having to mine this manually. It would be amazing ff the crypto community came up with a tutorial on how to set up the automation of minting this coin. I have been viewing the explorer and I'm more than convinced that someone is minting this automatically  Huh

I'm sure it'll happen. There is already a Python miner that you can use as well but that needs some technical skill to set up.
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March 09, 2019, 06:05:26 PM
#113

Meanwhile, the price of a coin has increased significantly in exchange! Now you can sell SOV Coin for about $ 2!

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March 09, 2019, 06:27:28 PM
#114

Meanwhile, the price of a coin has increased significantly in exchange! Now you can sell SOV Coin for about $ 2!

http://images.vfl.ru/ii/1552154557/beb739d8/25698095.jpg
Oh, it is very pleasant news and I hope it will be possible to reach 20-30 dollars till summer
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March 09, 2019, 06:39:37 PM
#115

Meanwhile, the price of a coin has increased significantly in exchange! Now you can sell SOV Coin for about $ 2!

http://images.vfl.ru/ii/1552154557/beb739d8/25698095.jpg
Oh, it is very pleasant news and I hope it will be possible to reach 20-30 dollars till summer
Why do you think this coin will grow to 20-30 dollars before the summer? Can you give any arguments?
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March 09, 2019, 07:14:01 PM
#116

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.
It is interesting project and I like that it has good support. It may seems that team can became quite popular
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March 09, 2019, 08:15:12 PM
#117

I'm loving the new thread dev!! Keep it up, I'm sure the shift to SOV is coming  Grin
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March 09, 2019, 09:14:50 PM
#118

Meanwhile, the price of a coin has increased significantly in exchange! Now you can sell SOV Coin for about $ 2!


Oh, it is very pleasant news and I hope it will be possible to reach 20-30 dollars till summer
It is really nice to see positive news, I will continue to follow the news, but we can not stop there.
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March 09, 2019, 09:17:32 PM
#119

Meanwhile, the price of a coin has increased significantly in exchange! Now you can sell SOV Coin for about $ 2!


Oh, it is very pleasant news and I hope it will be possible to reach 20-30 dollars till summer
It is really nice to see positive news, I will continue to follow the news, but we can not stop there.

the coin grows during a falling market, a very good indicator. I hope that the project will continue its quality development when the market recovers.
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March 09, 2019, 09:19:53 PM
#120

I am pleased to invest in the project, the tokens of which are already traded on cryptocurrency exchanges. What other exchanges besides Forkdelta planned listing SOV Coin?
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March 09, 2019, 09:32:19 PM
#121

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.
It is interesting project and I like that it has good support. It may seems that team can became quite popular
guys where do you see the popularity of this project? it is just starting up, and so far I donít see that this project is in demand in the community.
but I like the idea, maybe it will be successful in the future.
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March 09, 2019, 09:38:48 PM
#122

I am pleased to invest in the project, the tokens of which are already traded on cryptocurrency exchanges. What other exchanges besides Forkdelta planned listing SOV Coin?

Sometimes the listing of tokens on top exchanges is quite expensive, this issue should be approached wisely.
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March 09, 2019, 11:00:45 PM
#123

I am pleased to invest in the project, the tokens of which are already traded on cryptocurrency exchanges. What other exchanges besides Forkdelta planned listing SOV Coin?

Sometimes the listing of tokens on top exchanges is quite expensive, this issue should be approached wisely.

Forkdelta is a good exchange, but there is need to get listing on some other. I believe it can be HitBTC for example
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March 10, 2019, 03:23:33 AM
Last edit: April 13, 2019, 10:41:39 PM by mprep
#124

I am pleased to invest in the project, the tokens of which are already traded on cryptocurrency exchanges. What other exchanges besides Forkdelta planned listing SOV Coin?

Sometimes the listing of tokens on top exchanges is quite expensive, this issue should be approached wisely.

Forkdelta is a good exchange, but there is need to get listing on some other. I believe it can be HitBTC for example

We will look into a centralized exchange, but first there needs to be more liquidity. Only 587 SOV have been mined so far and there's only 42 holders. Y'all need to get mining!!!!



Meanwhile, the price of a coin has increased significantly in exchange! Now you can sell SOV Coin for about $ 2!


Oh, it is very pleasant news and I hope it will be possible to reach 20-30 dollars till summer
It is really nice to see positive news, I will continue to follow the news, but we can not stop there.

the coin grows during a falling market, a very good indicator. I hope that the project will continue its quality development when the market recovers.

Most people are not comfortable trading on Forkdelta. It will need to be listed on a real exchange for price discovery.
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March 10, 2019, 07:37:44 AM
#125

so this coin is trading on forkdelta only???can i see the mining guide??i am really interested to mine Smiley
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March 10, 2019, 08:14:49 AM
#126

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
Of course you are right that the demand itself will not appear.... You need to convey information about this coin to the maximum number of users. The idea of the SoundMoneyCoin project is really good and deserves attention!
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March 10, 2019, 08:33:18 AM
#127

Today, if you indicate gwai 3 or 4 then transactions do not bring coins ... only from gwai 5 and up. This means that the number of interested miners has increased?
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March 10, 2019, 08:44:38 AM
#128

Today, if you indicate gwai 3 or 4 then transactions do not bring coins ... only from gwai 5 and up. This means that the number of interested miners has increased?
I am quite new in mining community, so could anybody tell me what gwai means? It seems like it is like measure of something
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March 10, 2019, 09:01:39 AM
Last edit: April 13, 2019, 10:41:51 PM by mprep
#129

Today, if you indicate gwai 3 or 4 then transactions do not bring coins ... only from gwai 5 and up. This means that the number of interested miners has increased?
I am quite new in mining community, so could anybody tell me what gwai means? It seems like it is like measure of something

Wei is the smallest unit of account in Ether, kind of like Satoshi is for Bitcoin. Gwei stands for "Giga-Wei", or 1,000,000,000 Wei. You can look up the units here:

https://etherconverter.online/



Today, if you indicate gwai 3 or 4 then transactions do not bring coins ... only from gwai 5 and up. This means that the number of interested miners has increased?

Yes, that was to be expected. It will probably move upwards in the future.
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March 10, 2019, 09:07:39 AM
#130

To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive
It is obvious that you did not understand the concept of this project. Here, mining is available for absolutely any user. There are no equipment costs or energy costs. This is a great way to get maximum coin decentralization.
Tom786Ivanova
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March 10, 2019, 09:23:52 AM
#131

To be honest, I havenít use MetaMask, but everybody say that it is reliable and good enough to use
Try MetaMask. This is a fairly well-known and reliable wallet for Ethereum. Plus you can try to take part in the mining of the SOV Coin.
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March 10, 2019, 09:26:53 AM
#132

To be honest, I havenít use MetaMask, but everybody say that it is reliable and good enough to use
Try MetaMask. This is a fairly well-known and reliable wallet for Ethereum. Plus you can try to take part in the mining of the SOV Coin.
I also think that it is more reliable than sust use MEW. And it is convenient. So I think it is the best wallet
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March 10, 2019, 09:36:02 AM
#133

To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive
It is obvious that you did not understand the concept of this project. Here, mining is available for absolutely any user. There are no equipment costs or energy costs. This is a great way to get maximum coin decentralization.
According to what is written in this thread, it should be something really convenient and affordable for everyone
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March 10, 2019, 09:50:29 AM
#134


According to what is written in this thread, it should be something really convenient and affordable for everyone
It is necessary to interest the investor, we need new ideas, new configurations.
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March 10, 2019, 09:52:59 AM
#135

I want to note that SoundMoneyCoin has many shortcomings, but they are quickly eliminated, for which the project team is especially grateful.
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March 10, 2019, 10:01:11 AM
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#136

I want to note that SoundMoneyCoin has many shortcomings, but they are quickly eliminated, for which the project team is especially grateful.

The project SoundMoneyCoin very professional team.... I think they know how to achieve good results in this industry. Since they already have experience, because the success of the entire platform depends on the professionalism and coherence of the team, which is worth paying attention to!
- It is good that the team does not despair in such a difficult time and continues to develop its project!!! That's good.
opsofsile1983
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March 10, 2019, 10:10:22 AM
#137

The project SoundMoneyCoin very professional team....
If I am not mistaken, the team of this project consists of one person. He calls himself Sovtoshi Nakamoru.
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March 10, 2019, 10:21:34 AM
#138

The project SoundMoneyCoin very professional team....
If I am not mistaken, the team of this project consists of one person. He calls himself Sovtoshi Nakamoru.
I would like to believe that this project has such a developer, only that it is one, itís strange
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March 10, 2019, 10:36:03 AM
#139

I want to note that SoundMoneyCoin has many shortcomings, but they are quickly eliminated, for which the project team is especially grateful.

There are flaws in any project, it has always been and gradually they are corrected over time.
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March 10, 2019, 10:36:45 AM
#140

I do not see anything strange. A man had an idea how to make a perfect coin. He realized his thoughts in a smart contract and posted a contract on the ethereum blockchain. What is the need for a development team here Huh
DarkSoul1
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March 10, 2019, 10:46:42 AM
#141

I want to note that SoundMoneyCoin has many shortcomings, but they are quickly eliminated, for which the project team is especially grateful.

The project SoundMoneyCoin very professional team.... I think they know how to achieve good results in this industry. Since they already have experience, because the success of the entire platform depends on the professionalism and coherence of the team, which is worth paying attention to!
- It is good that the team does not despair in such a difficult time and continues to develop its project!!! That's good.
Disadvantages are a big minus, they need to be cleaned up in a quick order, and if you do not pay attention, then they will further grow into one big problem
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March 10, 2019, 11:12:59 AM
#142

To be honest I thought that mining is about to die out at all! However aich project inspire some investors and SOV is keeping mining alive
It is obvious that you did not understand the concept of this project. Here, mining is available for absolutely any user. There are no equipment costs or energy costs. This is a great way to get maximum coin decentralization.
According to what is written in this thread, it should be something really convenient and affordable for everyone
The main thing in any project is the simplicity of the interface and use, and another important fact is that the team should follow everything
BTCReporting
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March 10, 2019, 11:23:59 AM
#143

I do not see anything strange. A man had an idea how to make a perfect coin. He realized his thoughts in a smart contract and posted a contract on the ethereum blockchain. What is the need for a development team here Huh
In this project, one person is enough, in fact, he completely expressed his idea, all that remains is to follow everything Cool
rothbartofficial
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March 10, 2019, 12:13:58 PM
#144

I do not see anything strange. A man had an idea how to make a perfect coin. He realized his thoughts in a smart contract and posted a contract on the ethereum blockchain. What is the need for a development team here Huh
In this project, one person is enough, in fact, he completely expressed his idea, all that remains is to follow everything Cool

Everyone is free to contribute to building infrastructure. We're considering setting up a DAO for governance that will be filled from the developer fund, and may also be used for rewarding people who make significant contributions.
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March 10, 2019, 01:42:24 PM
#145

I do not see anything strange. A man had an idea how to make a perfect coin. He realized his thoughts in a smart contract and posted a contract on the ethereum blockchain. What is the need for a development team here Huh
In this project, one person is enough, in fact, he completely expressed his idea, all that remains is to follow everything Cool
But how one person can do all the work about the project if there are so many different stages to do. I think that itís really difficult task for one person
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March 10, 2019, 03:06:23 PM
#146

Where can I buy SOV Coin and how much is the cost of 1 token? Does it make sense to invest in these tokens now?

ytaevv
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March 10, 2019, 03:09:03 PM
#147

Where can I buy SOV Coin and how much is the cost of 1 token? Does it make sense to invest in these tokens now?


0.02 ETH for one coin, here is the link to the exchange https://forkdelta.app/#!/trade/0x010589b7c33034b802f7dba2c88cc9cec0f46673-ETH
tor9
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March 10, 2019, 04:32:27 PM
#148

Does it make sense to invest in these tokens now?


investing in a new developing project always makes sense, of course if it is not a project Scam, any project can bring you profit,and if the development of the project coincides with the growth of the market, this profit will be much more
ytaevv
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March 10, 2019, 04:53:06 PM
#149

Does it make sense to invest in these tokens now?


investing in a new developing project always makes sense, of course if it is not a project Scam, any project can bring you profit,and if the development of the project coincides with the growth of the market, this profit will be much more
That's right, you need to take into account all the risks before you invest, you need to study the project completely and understand its prospects for the future.
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March 10, 2019, 04:58:16 PM
#150

Where can I buy SOV Coin and how much is the cost of 1 token? Does it make sense to invest in these tokens now?


Invest or not, you need to decide on your own. If you think globally, the project looks promising, but whether it will succeed in the future is unclear.
TimurBit
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March 10, 2019, 05:00:50 PM
#151

Where can I buy SOV Coin and how much is the cost of 1 token? Does it make sense to invest in these tokens now?


Invest or not, you need to decide on your own. If you think globally, the project looks promising, but whether it will succeed in the future is unclear.

The token is already traded on the exchanges, and the prospect of the project can be monitored by the price policy of the token, if it gradually grows in price, then we will all be happy:)
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March 10, 2019, 06:01:31 PM
#152

Where can I buy SOV Coin and how much is the cost of 1 token? Does it make sense to invest in these tokens now?


Invest or not, you need to decide on your own. If you think globally, the project looks promising, but whether it will succeed in the future is unclear.

sometimes there are risks to invest in a very successful and already working project,which can suddenly stop working and you will lose all your money
Julia1992
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March 10, 2019, 06:48:23 PM
#153


According to what is written in this thread, it should be something really convenient and affordable for everyone
It is necessary to interest the investor, we need new ideas, new configurations.

Huge competition !!!
Already it becomes scary! Where can we get so many investors, how to attract and interest them? Well this is all you need to think about !! ??
What thoughts?

DARKKKNIGHT
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March 10, 2019, 07:08:26 PM
#154

Where can I buy SOV Coin and how much is the cost of 1 token? Does it make sense to invest in these tokens now?


Invest or not, you need to decide on your own. If you think globally, the project looks promising, but whether it will succeed in the future is unclear.

sometimes there are risks to invest in a very successful and already working project,which can suddenly stop working and you will lose all your money
Everywhere there are risks and I donít know if there are projects in crypt that are 100% reliable
Cybulen
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March 10, 2019, 07:20:20 PM
#155


sometimes there are risks to invest in a very successful and already working project,which can suddenly stop working and you will lose all your money
Any investment contains certain risks, our task is to reduce these risks as much as possible.
mv1986
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March 10, 2019, 08:15:19 PM
#156

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
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March 11, 2019, 06:35:36 AM
#157

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
Until the market starts to grow strong demand will not be. People are waiting and nobody wants to risk.
Julia1992
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March 11, 2019, 06:58:58 AM
#158

Where can I buy SOV Coin and how much is the cost of 1 token? Does it make sense to invest in these tokens now?


Invest or not, you need to decide on your own. If you think globally, the project looks promising, but whether it will succeed in the future is unclear.

sometimes there are risks to invest in a very successful and already working project,which can suddenly stop working and you will lose all your money
Everywhere there are risks and I donít know if there are projects in crypt that are 100% reliable
No such projects!
In general, there is nothing in which you can be 100% sure!

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March 11, 2019, 08:02:15 AM
#159

Today I read on Twitter this SOV project that they have updated the site http://www.soundmoneycoin.io/. Looks good enough! Well done!
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March 11, 2019, 08:42:24 AM
#160

Tell the site there are images of a mobile SOV-wallet, does it already exist or is it only under development?
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March 11, 2019, 08:54:13 AM
#161

Tell the site there are images of a mobile SOV-wallet, does it already exist or is it only under development?

Development is still underway, but I think that very soon there will be an official announcement of the launch.
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March 11, 2019, 08:56:09 AM
#162

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
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March 11, 2019, 09:02:44 AM
#163

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
And in order to have a demand, you need good advertising, just the most usual chain reaction, you give advertising, people go
CiNik
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March 11, 2019, 09:41:48 AM
#164

Today I read on Twitter this SOV project that they have updated the site http://www.soundmoneycoin.io/. Looks good enough! Well done!
News should always be updated on social networks, because people are watching all this, and of course they draw conclusions about the teamís work.
Julia1992
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March 11, 2019, 10:35:28 AM
#165

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
I am really pleased with the fact that the development of the project does not stand still.

yes, the project goes ahead! And it is really noticeable! Project developers are great work! "

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March 11, 2019, 12:39:45 PM
#166

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
I am really pleased with the fact that the development of the project does not stand still.

yes, the project goes ahead! And it is really noticeable! Project developers are great work! "
I agree that there are some achievements and this developers are working hard to finally finish it)
DARKKKNIGHT
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March 11, 2019, 01:10:45 PM
#167

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
This is definitely cool when there is contact between the developers and the community. Here in the thread users leave constructive criticism and the developer corrects and improves the project every day.
contact between team and community is very important part. I like the fact that in this thread we have good cooperation
opsofsile1983
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March 11, 2019, 01:30:12 PM
#168

The project SoundMoneyCoin very professional team....
If I am not mistaken, the team of this project consists of one person. He calls himself Sovtoshi Nakamoru.
I would like to believe that this project has such a developer, only that it is one, itís strange
I appreciated the irony of the project developer who took a pseudonym very similar to the Bitcoin creator's pseudonym. It will be doubler funnier if this SOV Coin becomes as popular as Bitcoin.
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March 11, 2019, 02:27:35 PM
#169


I appreciated the irony of the project developer who took a pseudonym very similar to the Bitcoin creator's pseudonym. It will be doubler funnier if this SOV Coin becomes as popular as Bitcoin.
This is a certain marketing move, nothing more.

I don't know if it's more like cheating or a mistake. I do not care what the names of the team, the main thing that the project was successful, this is the main thing.
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March 11, 2019, 03:13:42 PM
#170

another question..will you make new roadmap for 2019???and whats the use of your coin??its good to see their wioll be no ICO OR presale Smiley
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March 11, 2019, 03:28:41 PM
#171

Where can I buy SOV Coin and how much is the cost of 1 token? Does it make sense to invest in these tokens now?


Invest or not, you need to decide on your own. If you think globally, the project looks promising, but whether it will succeed in the future is unclear.

sometimes there are risks to invest in a very successful and already working project,which can suddenly stop working and you will lose all your money
Everywhere there are risks and I donít know if there are projects in crypt that are 100% reliable
No such projects!
In general, there is nothing in which you can be 100% sure!
There are almost no such projects on the market, where you can be 100 percent sure that you will become rich tomorrow
it is true that there are no such projects and probably never will be, investments in any project have some threat of investment loss,but the biggest threat relates to new projects
mv1986
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March 11, 2019, 04:14:25 PM
#172

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
Until the market starts to grow strong demand will not be. People are waiting and nobody wants to risk.

Demand isn't created with a bull run in a magic way, it is created because someone builds something that others need or want to use.
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March 11, 2019, 04:22:12 PM
#173

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
Until the market starts to grow strong demand will not be. People are waiting and nobody wants to risk.

Demand isn't created with a bull run in a magic way, it is created because someone builds something that others need or want to use.
quite right, the project should be built on promising ideas, projects with meaningless ideas disappear very quickly and can be equated to a project Scam
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March 11, 2019, 06:08:00 PM
#174


According to what is written in this thread, it should be something really convenient and affordable for everyone
It is necessary to interest the investor, we need new ideas, new configurations.

Most likely you need not only a new idea, but also a plan for the implementation of this idea, not everyone can realize what is written on paper.
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March 11, 2019, 07:35:55 PM
#175

Do you do crowdfunding funds? Just in the description it says that you are not an isocio, but at the same time you release coins. Whereas they can be purchased and what are your rates, hard cap
what do you mean isocio?
this project does not conduct ICO, and no premine.
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March 11, 2019, 08:12:02 PM
#176


According to what is written in this thread, it should be something really convenient and affordable for everyone
It is necessary to interest the investor, we need new ideas, new configurations.

Most likely you need not only a new idea, but also a plan for the implementation of this idea, not everyone can realize what is written on paper.

The idea should be not only new, but also useful for the community. Only an in-demand project can become successful.
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March 11, 2019, 08:34:02 PM
#177

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
This is definitely cool when there is contact between the developers and the community. Here in the thread users leave constructive criticism and the developer corrects and improves the project every day.
contact between team and community is very important part. I like the fact that in this thread we have good cooperation
Yes, if the team keeps in touch with the community, this is very good.
I like how the project team works.
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March 11, 2019, 08:41:46 PM
#178

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
I am really pleased with the fact that the development of the project does not stand still.

yes, the project goes ahead! And it is really noticeable! Project developers are great work! "
I agree that there are some achievements and this developers are working hard to finally finish it)
we see this development.
but what will happen next? I hope that the team will continue to develop their project and make it successful in the future.
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March 11, 2019, 08:44:22 PM
#179

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
Until the market starts to grow strong demand will not be. People are waiting and nobody wants to risk.

Demand isn't created with a bull run in a magic way, it is created because someone builds something that others need or want to use.
quite right, the project should be built on promising ideas, projects with meaningless ideas disappear very quickly and can be equated to a project Scam
In words you can talk and promise a lot!
The main result!

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March 11, 2019, 09:00:46 PM
#180

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
Until the market starts to grow strong demand will not be. People are waiting and nobody wants to risk.

Demand isn't created with a bull run in a magic way, it is created because someone builds something that others need or want to use.
quite right, the project should be built on promising ideas, projects with meaningless ideas disappear very quickly and can be equated to a project Scam
In words you can talk and promise a lot!
The main result!
I am sure that the team will fulfill everything that promises.
The idea is very promising and it will interest many users.
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March 11, 2019, 10:03:31 PM
#181


In words you can talk and promise a lot!
The main result!
This is true, but if you follow the news of the project, you can see that the team is working hard on the development of the project.

Team is working hard and I think that it is one of the best features that can give as a hope that it will be implemented
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March 12, 2019, 12:20:30 AM
#182

"Please get mining so that supply gets distributed evenly. We don't want to have 80% of the supply in the hands of 1% of hodlers  Cry"

Creating a website so quickly is awesome. Just some of my own outside/newbie perspective to offer:

As a non-dev and someone who is just beginning to learn about crypto, it's hard to trust crypto in general and even more so with so much anonymity. Having a website, terms/conditions/privacy statements (currently these links don't lead anywhere on your site), as well as a white paper help give us at least some reassurance. Otherwise we need to wait until there's enough hype that it might either be worth the risk or someone else has taken the time to explain and by then we've missed good opportunities to support.

Also, sorry, couldn't figure out how to do partial quotes  Embarrassed
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March 12, 2019, 01:05:15 AM
#183

The project is really interesting but it depends on a thriving community of miners. Do you have a Telegram group? That way you could engage more easily with the community and respond to its questions and doubts
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March 12, 2019, 02:43:22 AM
#184

Ethereum needs an additional store of value coin. SOV needs to be decoupled from gas because the two uses are mutually exclusive
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March 12, 2019, 05:55:34 AM
#185

The project is really interesting but it depends on a thriving community of miners. Do you have a Telegram group? That way you could engage more easily with the community and respond to its questions and doubts

As of now there is a very active discord group where the devs and core team are available for many and all questions that should arise.

Being that this is a token it really does not rely on miners it relies more on people creating transactions to get a peace of the pie.

Enjoy
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March 12, 2019, 06:03:38 AM
#186

isn't ETH gas fees providing a floor of value on SOV? This is actually really interesting because there's a floor that is not controlled by ASICS, but by how much others demand the resource of ETH transactions being processed
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March 12, 2019, 09:53:39 AM
#187

Tell the site there are images of a mobile SOV-wallet, does it already exist or is it only under development?

As far as I know there is no mobile wallet yet. The project is only at the very beginning of its path. In order to start using and mining the SOV coin you need to install Metamask.
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March 12, 2019, 10:32:40 AM
#188

Tell the site there are images of a mobile SOV-wallet, does it already exist or is it only under development?

As far as I know there is no mobile wallet yet. The project is only at the very beginning of its path. In order to start using and mining the SOV coin you need to install Metamask.
It makes no sense so far to make a mobile application for the project, since it requires a lot of costs, it is better to use them at the moment in advertising
Tom786Ivanova
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March 12, 2019, 10:41:18 AM
#189

quite right, the project should be built on promising ideas, projects with meaningless ideas disappear very quickly and can be equated to a project Scam
It seems to me that this project will not cause anyone to call a scam as the developer doesnít do anything illegal ... doesnít sell anything to anyone ... doesnít take any money from anyone and promises nothing to anyone.
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March 12, 2019, 10:49:26 AM
#190

quite right, the project should be built on promising ideas, projects with meaningless ideas disappear very quickly and can be equated to a project Scam
It seems to me that this project will not cause anyone to call a scam as the developer doesnít do anything illegal ... doesnít sell anything to anyone ... doesnít take any money from anyone and promises nothing to anyone.
Time will tell whether this is a real project or a scam, I will not just be wordy here, for now the market is very unpredictable.
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March 12, 2019, 10:53:33 AM
#191

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
Until the market starts to grow strong demand will not be. People are waiting and nobody wants to risk.

Demand isn't created with a bull run in a magic way, it is created because someone builds something that others need or want to use.
quite right, the project should be built on promising ideas, projects with meaningless ideas disappear very quickly and can be equated to a project Scam

Not only should they be build on promising ideas, but they should result in value creating products for the customers.
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March 12, 2019, 11:00:07 AM
#192

Not only should they be build on promising ideas, but they should result in value creating products for the customers.
Without a good idea, no project will be popular among its users, advertising is by itself, but you need to follow everything, but rather how the project develops and in which direction the team will move
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March 12, 2019, 11:18:16 AM
#193

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
Developers are very active. They listen to what they write here and respond promptly. It is very nice to see such mutual understanding.
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March 12, 2019, 11:24:23 AM
#194

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
Developers are very active. They listen to what they write here and respond promptly. It is very nice to see such mutual understanding.
Any project is valued for the fact that developers communicate with their clients, it always has been, it shows that they are actively working in all directions
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March 12, 2019, 12:50:07 PM
#195

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
Developers are very active. They listen to what they write here and respond promptly. It is very nice to see such mutual understanding.
Any project is valued for the fact that developers communicate with their clients, it always has been, it shows that they are actively working in all directions
communication with the community is not an indicator of work. but this is one of the criteria for a successful project.
because communication with the community is very important.
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March 12, 2019, 01:53:55 PM
#196

Yesterday there was no official site at all. It is great that the developers saw our comments on the project.
Developers are very active. They listen to what they write here and respond promptly. It is very nice to see such mutual understanding.
Any project is valued for the fact that developers communicate with their clients, it always has been, it shows that they are actively working in all directions
Not all topics have it! Administrators must actively take part in chat! Otherwise, users simply will not be interested in this project!

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March 12, 2019, 02:20:57 PM
#197


Not all topics have it! Administrators must actively take part in chat! Otherwise, users simply will not be interested in this project!
It's all about priorities, most often, active communication goes in telegram chats.
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March 12, 2019, 02:24:14 PM
#198


Not all topics have it! Administrators must actively take part in chat! Otherwise, users simply will not be interested in this project!
It's all about priorities, most often, active communication goes in telegram chats.

In telegrams it is much easier to communicate than on the forum. Messages appear instantly. And on the forum you need to do extra movements for writing and reading messages.
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March 12, 2019, 02:32:52 PM
#199


Not all topics have it! Administrators must actively take part in chat! Otherwise, users simply will not be interested in this project!
It's all about priorities, most often, active communication goes in telegram chats.

In telegrams it is much easier to communicate than on the forum. Messages appear instantly. And on the forum you need to do extra movements for writing and reading messages.
And I like to communicate it on the forum))) but back to the topic, why should I invest in SOV?
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March 12, 2019, 03:05:11 PM
#200

I am sure that the team will fulfill everything that promises.
The idea is very promising and it will interest many users.
promises mean very little to users ,and even less to investors, the most important thing in the project is the results and progress in the development and increase in popularity
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March 12, 2019, 03:45:07 PM
#201


I appreciated the irony of the project developer who took a pseudonym very similar to the Bitcoin creator's pseudonym. It will be doubler funnier if this SOV Coin becomes as popular as Bitcoin.
This is a certain marketing move, nothing more.

I don't know if it's more like cheating or a mistake. I do not care what the names of the team, the main thing that the project was successful, this is the main thing.

No matter what the creator of the project calls himself ... the main thing is that they came up with a truly unique and original concept for their coin.
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March 12, 2019, 03:49:19 PM
#202


I appreciated the irony of the project developer who took a pseudonym very similar to the Bitcoin creator's pseudonym. It will be doubler funnier if this SOV Coin becomes as popular as Bitcoin.
This is a certain marketing move, nothing more.

I don't know if it's more like cheating or a mistake. I do not care what the names of the team, the main thing that the project was successful, this is the main thing.

No matter what the creator of the project calls himself ... the main thing is that they came up with a truly unique and original concept for their coin.
the most important thing in the project is its demand, sometimes there are projects with new original ideas but have very low popularity or its complete absence
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March 12, 2019, 03:53:44 PM
#203


Not all topics have it! Administrators must actively take part in chat! Otherwise, users simply will not be interested in this project!
It's all about priorities, most often, active communication goes in telegram chats.

In telegrams it is much easier to communicate than on the forum. Messages appear instantly. And on the forum you need to do extra movements for writing and reading messages.
And I like to communicate it on the forum))) but back to the topic, why should I invest in SOV?

Because this coin is unique in its idea. Agree that in today's crypto market, few of the projects can boast of a unique concept. Most of the project to some extent copies each other. But SOV is really unique. This is enough to try to spend some personal time and a little Ethereum and try mining this coin.
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March 12, 2019, 04:06:38 PM
Last edit: March 13, 2019, 08:53:28 AM by BTC_Panther
#204

It seems the SAV coin is starting to be popular with users. if a few days ago I was able to mine the coin, I send transactions with GWEI 3 - 4, but today with GWEI 10-12 transactions turn out to be unsuccessful. Only with GWEI 15 and above can be successful. This suggests that there is growing competition among those who mine this coin!
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March 12, 2019, 04:12:47 PM
#205

Has the potential to work well, as an add on to the ethereum network.  The thought process on bitcoin no longer being mined so that ends does still apply with ethereum, so that is a moot point.  But i can see this being a passively growing coin till popularity and process brings it up the market cap
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March 12, 2019, 06:16:03 PM
Last edit: April 13, 2019, 10:42:16 PM by mprep
#206

It seems the SAV coin is starting to be popular with users. if a few days ago I was able to mine the coin, I send transactions with GWEI 3 - 4, but today with GWEI 10-12 transactions turn out to be unsuccessful. Only with GWEI 15 and above can be successful. This suggests that there is growing competition among those who mine this coin!


Currently gas prices are however around 10-11 Gwei. Because some of the transactions fail actually costs around $5 to mine 1 SOV right now.




Not all topics have it! Administrators must actively take part in chat! Otherwise, users simply will not be interested in this project!
It's all about priorities, most often, active communication goes in telegram chats.

In telegrams it is much easier to communicate than on the forum. Messages appear instantly. And on the forum you need to do extra movements for writing and reading messages.

We'd be happy to welcome you as our Telegram moderator  Grin
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March 12, 2019, 07:12:36 PM
#207


Not all topics have it! Administrators must actively take part in chat! Otherwise, users simply will not be interested in this project!
It's all about priorities, most often, active communication goes in telegram chats.

Since you started writing about telegram, then it is quite logical to ask a question whether it is planned to create telegram groups?After all, it is really very convenient to have a discussion there.

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March 12, 2019, 07:20:03 PM
#208

Has the potential to work well, as an add on to the ethereum network.  The thought process on bitcoin no longer being mined so that ends does still apply with ethereum, so that is a moot point.  But i can see this being a passively growing coin till popularity and process brings it up the market cap
I really want this project to successfully develop, but I no longer believe in tothemoon. However I will look closely to what it develops
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March 12, 2019, 07:39:50 PM
#209

You paint integration with Ethereum so beautifully.Is there official confirmation of Your words or is it just a fantasy?In addition to forkdelta where else is trading Your token?

Bot sure what you mean by "official confirmation". You can check the smart contract on Etherscan  Wink

We're investigating an exchange listing, but right now it is still far too early for that. A second way to trade it OTC on Discord.
I studied Your project in more detail and my opinion about it has changed a little.But I still don't understand why I need to buy your coins.What benefits will I get from the purchase?
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March 12, 2019, 08:03:01 PM
#210


Not all topics have it! Administrators must actively take part in chat! Otherwise, users simply will not be interested in this project!
It's all about priorities, most often, active communication goes in telegram chats.

Since you started writing about telegram, then it is quite logical to ask a question whether it is planned to create telegram groups?After all, it is really very convenient to have a discussion there.
To be honest I think that channel or group in telegram is rather better, because there are more people there and it can make project even more popular
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March 12, 2019, 08:27:03 PM
#211


To be honest I think that channel or group in telegram is rather better, because there are more people there and it can make project even more popular
After all, the project has accounts in Twitter and Facebook? To popularize the project, we need to use all means, including social networks.
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March 12, 2019, 09:37:31 PM
#212


To be honest I think that channel or group in telegram is rather better, because there are more people there and it can make project even more popular
After all, the project has accounts in Twitter and Facebook? To popularize the project, we need to use all means, including social networks.

Social networks are a very important part of any cryptocurrency project.
and this project should use all resources.
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March 12, 2019, 10:36:53 PM
#213


Not all topics have it! Administrators must actively take part in chat! Otherwise, users simply will not be interested in this project!
It's all about priorities, most often, active communication goes in telegram chats.

Since you started writing about telegram, then it is quite logical to ask a question whether it is planned to create telegram groups?After all, it is really very convenient to have a discussion there.
To be honest I think that channel or group in telegram is rather better, because there are more people there and it can make project even more popular
Telegram is a very convenient way of communication between developers and the community.
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March 12, 2019, 11:07:37 PM
#214

For mining requires a regular computer and Internet access, I understand correctly? Which component of the system will be a big load?
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March 12, 2019, 11:24:24 PM
#215

You paint integration with Ethereum so beautifully.Is there official confirmation of Your words or is it just a fantasy?In addition to forkdelta where else is trading Your token?

Bot sure what you mean by "official confirmation". You can check the smart contract on Etherscan  Wink

We're investigating an exchange listing, but right now it is still far too early for that. A second way to trade it OTC on Discord.
I studied Your project in more detail and my opinion about it has changed a little.But I still don't understand why I need to buy your coins.What benefits will I get from the purchase?
As far as I understand, the coins will be used as a unit of account within the SoundMoneyCoin decentralized system
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March 12, 2019, 11:38:59 PM
#216

320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
Until the market starts to grow strong demand will not be. People are waiting and nobody wants to risk.

Demand isn't created with a bull run in a magic way, it is created because someone builds something that others need or want to use.
quite right, the project should be built on promising ideas, projects with meaningless ideas disappear very quickly and can be equated to a project Scam

Not only should they be build on promising ideas, but they should result in value creating products for the customers.
This project already has multi-promising ideas, and I am confident that the team will create a sought-after product very soon.
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March 13, 2019, 03:33:09 AM
#217

good luck SOV, i like the name "sound money"

I'm sorry for everything
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March 13, 2019, 04:51:09 AM
#218

For mining requires a regular computer and Internet access, I understand correctly? Which component of the system will be a big load?

All you need is Chrome browser and Metamask. No load on the system, but you have to pay Ethereum gas fees and the price will get higher over time.
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March 13, 2019, 05:40:03 AM
#219

For mining requires a regular computer and Internet access, I understand correctly? Which component of the system will be a big load?

All you need is Chrome browser and Metamask. No load on the system, but you have to pay Ethereum gas fees and the price will get higher over time.

It seems like that is already common with over time prices will continue to increase each year and may not be imagined for the next few years.

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March 13, 2019, 07:38:28 AM
#220

It seems the SAV coin is starting to be popular with users. if a few days ago I was able to mine the coin, I send transactions with GWEI 3 - 4, but today with GWEI 10-12 transactions turn out to be unsuccessful. Only with GWEI 15 and above can be successful. This suggests that there is growing competition among those who mine this coin!
It is clear that the growing interest in the project users and more and more people are trying to mine this coin. As a result, the complexity of production increases. But I think that the current difficulty is nothing compared to the one that will be in a few months.
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March 13, 2019, 09:00:12 AM
#221

It seems like that is already common with over time prices will continue to increase each year and may not be imagined for the next few years.
The price of this coin will grow despite the general trend of the market. Because the project has just started and the price is based on the cost of mining the coin. And the cost multiply increases literally every day.
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March 13, 2019, 10:21:22 AM
#222

It seems like that is already common with over time prices will continue to increase each year and may not be imagined for the next few years.
Despite the fact that the mining of the SOV coin has significantly risen in price over the past few days, I still managed to mine some coins. I do not plan to sell. I hope that in a year I will see a price tag on this SOV coin of several hundred dollars at least.
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March 13, 2019, 10:56:27 AM
#223

If we take into account how much mining costs today, it seems to me that it is easier and cheaper to buy SOV on an exchange, while the prices there are not very expensive.
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March 13, 2019, 11:09:50 AM
#224

If we take into account how much mining costs today, it seems to me that it is easier and cheaper to buy SOV on an exchange, while the prices there are not very expensive.
And what SoundMoneyCoin is already trading on the exchange? The coin appeared just a few days ago.
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March 13, 2019, 04:47:57 PM
#225

Not only should they be build on promising ideas, but they should result in value creating products for the customers.
Without a good idea, no project will be popular among its users, advertising is by itself, but you need to follow everything, but rather how the project develops and in which direction the team will move

An idea doesn't have users, a product does have users. You can have as many ideas as you want and no users, or you can have one single product and as many users as there potentially are.
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March 14, 2019, 01:16:18 PM
#226

I noticed that coin mining was cheaper today. Sometimes you can get a SOV coin setting gwei 1, 2 or 3:

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March 15, 2019, 07:08:48 AM
#227

On page https://mint.soundmoneycoin.io / link "buy some on ForkDelta" is not on the ForkDelta exchange site, and goes to the article about the SOV coin on the site https://medium.com/. Please fix it.
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March 15, 2019, 07:24:18 AM
Last edit: April 13, 2019, 10:42:33 PM by mprep
#228

On page https://mint.soundmoneycoin.io / link "buy some on ForkDelta" is not on the ForkDelta exchange site, and goes to the article about the SOV coin on the site https://medium.com/. Please fix it.

Isn't it better to direct people to a Howto about trading on ForkDelta than to ForkDelta itself? Most people will not be familiar with how a DEX works and might prefer an explanation.



Folks, we are happy to announce that our whitepaper has been released:

http://www.soundmoneycoin.io/whitepaper.pdf

It is now also linked from the ANN.
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March 15, 2019, 04:57:02 PM
#229

just wanted to let you know that this coin is going to have a tough time of adoption. Your coin is already overrun with scripts that automatically bid higher than the person, and that also seem to have deals made with the mining pools as their lower fee transactions are also getting block priority. Tried high amounts five blocks in a row and every time a much lower fee got priority. And it is from one of the scripts that non stop subimits. You need to find a way to block the automated scripts or set it up so that no address can receive more than a certain number of coins an hour or day
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March 16, 2019, 03:09:12 AM
#230

just wanted to let you know that this coin is going to have a tough time of adoption. Your coin is already overrun with scripts that automatically bid higher than the person, and that also seem to have deals made with the mining pools as their lower fee transactions are also getting block priority. Tried high amounts five blocks in a row and every time a much lower fee got priority. And it is from one of the scripts that non stop subimits. You need to find a way to block the automated scripts or set it up so that no address can receive more than a certain number of coins an hour or day


Read the sections in the whitepaper on mining and clogging of the Ethereum network. It is expected that Ethereum miners will start cheating at some point if there is enough incentive to do so. Also note that not all miners sort transactions by gas price. It is the default setting in geth, but miners are free to use their own sorting algorithms. Other things, like the sender address, time received, etc, could also play a role:

"It is expected that over time, only the most sophisticated minters, who are also willing to pay a high gas price, will compete for new SOV. An equilibrium should emerge between the cost of minting SOV and the price at which it trades on the market."
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March 16, 2019, 06:01:37 PM
#231

just wanted to let you know that this coin is going to have a tough time of adoption. Your coin is already overrun with scripts that automatically bid higher than the person, and that also seem to have deals made with the mining pools as their lower fee transactions are also getting block priority. Tried high amounts five blocks in a row and every time a much lower fee got priority. And it is from one of the scripts that non stop subimits. You need to find a way to block the automated scripts or set it up so that no address can receive more than a certain number of coins an hour or day


Which person are you talking about that could be the one who gives higher bids than others?