othell_rogue
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August 02, 2020, 05:11:12 AM |
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Yeah, people left since there is no more money to be made. All the changes made reduced their DNA income on the validation day + the low income from mining. You spend like $11-12 (depending on VAT) for the VPS and get $25-26. For $14-$15 a month they don't bother.
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To Buy, or not to Sell? That is the question.
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Tytanowy Janusz
Legendary
Online
Activity: 1512
Merit: 1322
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August 02, 2020, 11:10:13 AM |
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All the changes made reduced their DNA income on the validation day + the low income from mining. You spend like $11-12 (depending on VAT) for the VPS and get $25-26. For $14-$15 a month they don't bother.
Which change reduce DNA income? I agree with realRioda. Its all about the price. Bugaga made this and post on telegram:  Production cost is calculated as 1$ per node per day of minting. Which is a fair reward in my opinion.
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lemonandfriesonetwo
Member

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Activity: 590
Merit: 11
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August 02, 2020, 03:23:37 PM |
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Production cost is calculated as 1$ per node per day of minting. Which is a fair reward in my opinion.
You forgot the part where you and your team decide to steal invitation rewards for yourselves even though you own over 49% of supply. You guys had a great opportunity to make this into a very successful project, that opportunity is now gone. Greed always destroys or damages these types of projects.
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gadado
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August 04, 2020, 04:48:29 AM |
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There's a current task of creating 3 flips may I ask what will happen if I don't managed to comply with this task until validation?
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. .1xBit.com. | | | | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | | │ | | │ | | ! |
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Dung-beetle_Lives_Matter
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Activity: 16
Merit: 0
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August 04, 2020, 07:37:10 AM Last edit: August 04, 2020, 08:01:37 AM by Dung-beetle_Lives_Matter |
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There's a current task of creating 3 flips may I ask what will happen if I don't managed to comply with this task until validation?
You can create 3 flips with nothing. Just upload blank sheets and that's it. All your flips will be reported and you will miss all rewards, but you will save your mining status.
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Krucifer
Jr. Member
Offline
Activity: 85
Merit: 2
IdenaNetwork (idena.io)
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August 04, 2020, 09:36:15 AM |
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after a while, number of validated identities is down, it is not much, from 2710 to 2677, but that is a stop for continuous up-trend, that was struck only by block error five epoch's ago what do you think is a reason, just summer vacation period or there is more to it?
I'd say it's price. People don't want to "bother" for 30$ a month. For 50$ maybe.  But possibly not even cause of current price, but because of lost hope that the price will go up from here.
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I D E N A ► Proof-of-Person Blockchain ▬▬▬▬▬▬▬ https://idena.io/ ▬▬▬▬▬▬▬
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gadado
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August 05, 2020, 06:07:43 AM |
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I'm actually asking the thing will happen if I don't manage to do the task not to do the validation. There's a current task of creating 3 flips may I ask what will happen if I don't managed to comply with this task until validation?
You can create 3 flips with nothing. Just upload blank sheets and that's it. All your flips will be reported and you will miss all rewards, but you will save your mining status. Oh alright, I think I should be creating flips to maximize the rewards thanks for the information.
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. .1xBit.com. | | | | ███████████████ █████████████▀ █████▀▀ ███▀ ▄███ ▄ ██▄▄████▌ ▄█ ████████ ████████▌ █████████ ▐█ ██████████ ▐█ ███████▀▀ ▄██ ███▀ ▄▄▄█████ ███ ▄██████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ ███████████▀▀▀█ ██████████ ███████████▄▄▄█ ███████████████ ███████████████ ███████████████ ███████████████ ███████████████ | ▄█████ ▄██████ ▄███████ ▄████████ ▄█████████ ▄██████████ ▄███████████ ▄████████████ ▄█████████████ ▄██████████████ ▀▀███████████ ▀▀███████ ▀▀██▀ | ▄▄██▌ ▄▄███████ █████████▀ ▄██▄▄▀▀██▀▀ ▄██████ ▄▄▄ ███████ ▄█▄ ▄ ▀██████ █ ▀█ ▀▀▀ ▄ ▀▄▄█▀ ▄▄█████▄ ▀▀▀ ▀████████ ▀█████▀ ████ ▀▀▀ █████ █████ | ▄ █▄▄ █ ▄ ▀▄██▀▀▀▀▀▀▀▀ ▀ ▄▄█████▄█▄▄ ▄ ▄███▀ ▀▀ ▀▀▄ ▄██▄███▄ ▀▀▀▀▄ ▄▄ ▄████████▄▄▄▄▄█▄▄▄██ ████████████▀▀ █ ▐█ ██████████████▄ ▄▄▀██▄██ ▐██████████████ ▄███ ████▀████████████▄███▀ ▀█▀ ▐█████████████▀ ▐████████████▀ ▀█████▀▀▀ █▀ | | │ | | │ | | ! |
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LGBX
Jr. Member
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Activity: 42
Merit: 2
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August 06, 2020, 05:26:18 AM |
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I'm actually asking the thing will happen if I don't manage to do the task not to do the validation. Sorry, I thought the answer is clear enough. You won't pass the validation.
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Krucifer
Jr. Member
Offline
Activity: 85
Merit: 2
IdenaNetwork (idena.io)
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August 06, 2020, 10:43:52 AM |
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There's a current task of creating 3 flips may I ask what will happen if I don't managed to comply with this task until validation?
It will all look normal during validation ceremony but since you're not eligible for a validation (cause your "current task" was not fulfilled), it will show as not passed afterwards.
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I D E N A ► Proof-of-Person Blockchain ▬▬▬▬▬▬▬ https://idena.io/ ▬▬▬▬▬▬▬
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Tytanowy Janusz
Legendary
Online
Activity: 1512
Merit: 1322
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August 07, 2020, 09:11:58 PM Last edit: August 07, 2020, 09:32:13 PM by Tytanowy Janusz |
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Pretty excited. Especially about the date. "It is scheduled for Q3-Q4 of 2020. Currently we are working on a predefined smart contract for oracle voting. Hopefully it will be available in the next releases. After that, the Idena app will support oracle voting." BTW Market reacted too.
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piebeyb
Legendary
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Merit: 1010
Join me linktr.ee/blackjincrypto
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August 08, 2020, 08:53:19 AM |
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okay so far I think it's cool, but I'm waiting for it to actually be released, at least new people can follow the validation by using their phones, it will expand the community to be big too 
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gost111
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August 08, 2020, 01:00:32 PM |
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I see in the coin market cap its a pretty new coin. But what happens to that project? Why price drop more than 70%? Also, I do not know that the exchange it listed on. Is there any plan to listing on any reputable exchange like Binance? A coin should expand its reach by listing on a new exchange. Is there any official article where I can learn more about this project.
I think this might help you https://idena.io/?view=faq
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mykone87
Newbie
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Activity: 50
Merit: 0
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August 08, 2020, 01:19:32 PM |
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All this hate, all this dump, all this "network not secure" is only about 50% of miners are not able to mine for 10 days. That's it. I know some may be frustrated about that. Some newbies lost stake. I'm frustrated about this situation too (my two human nodes are suspended now and one of them has 9000 DNA in stake that is endangered if I fail next validation. I also lost 2 validation, flips, invitations rewards that for sure is more than any newbie lost) but it is only "50% of miners are not able to mine for 10 days" due to bug. Dev's will fix it and we will start fresh with new epoch. Network works for 46 epochs, funds are safu (other than stake), goals do not change, the foundations have not changed. This is still innovative, one and only, proof of person coin. There is no need to panic. https://i.imgur.com/KGlT9r9.pngCan't wait next validation to see how this chart will looks like. @othell_rogue Community admin jokes out of context... This is the devs fault and they are obliged to roll back. And what is the test network? So roll back on the test network. An excuse at the level of a kindergarten. Disrespectful and disregard.
I have mixed feelings about that. This is blockchain. It should be irreversible. Roll back might also be unsafe and create risks and additional costs exceeding profits (i'm not an expert here). He is a scammer like most of the guys here. Avoid any deals with him
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Tytanowy Janusz
Legendary
Online
Activity: 1512
Merit: 1322
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August 09, 2020, 06:04:50 AM |
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I see in the coin market cap its a pretty new coin. But what happens to that project? Why price drop more than 70%? Also, I do not know that the exchange it listed on. Is there any plan to listing on any reputable exchange like Binance? A coin should expand its reach by listing on a new exchange. Is there any official article where I can learn more about this project.
Idena is listed on Qtrade. It is not well known exchange but it is hones one, no fake trades, no KYC (max 2000$ daily withdrawal). Here you can read about exchange listing plans. https://medium.com/idena/july-15-2020-idena-ama-transcript-a11807d7aa96But i will quote here satoshi words: No, don't "bring it on". The project needs to grow gradually so the software can be strengthened along the way. I make this appeal to WikiLeaks not to try to use Bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.
I'm not comparing bitcoin to IDENA but i think that bitcoin in 2010 was in similar stage as IDENA now - not ready for huge hype.
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Bitcoin_Joker
Newbie
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Activity: 12
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August 11, 2020, 09:11:09 AM |
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Idena is listed on Qtrade. It is not well known exchange but it is hones one, no fake trades, no KYC (max 2000$ daily withdrawal).
What other exchanges are in the Idena team's immediate plans?
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didzi
Sr. Member
  
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Activity: 1092
Merit: 250
Hodlers Network
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August 11, 2020, 10:34:11 PM |
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Idena is listed on Qtrade. It is not well known exchange but it is hones one, no fake trades, no KYC (max 2000$ daily withdrawal).
What other exchanges are in the Idena team's immediate plans? for now the exchange to trade this coin is only hotbit mate https://coinmarketcap.com/currencies/idena/marketshope someday this coin will be at bigger and better exchange
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