Idena is the first Proof-of-Person Blockchain

[piebeyb]

Take your coins from qtrade. After 4 years of existance and close to 3 years of supporting IDENA, qtrade decided to shut down its service:

"qTrade.io is shutting down

Thank you for your support over the years! Make sure to withdraw your funds as soon as possible. Announcement with and more details and dates here"

Thank you Qtrade for being the first exchange that listed idena, zero hacks, zero users money lost and no exit scam in last days especially in current times when top2 exchange (FTX) end up being one big scam.

"After March 31, 2023 we will offer some form of withdrawal option for at least one year"

Qtrade has helped the IDENA project become better known and made the IDENA community able to buy and sell during the first pandemic in 2020 where everyone worked at home and fully contributed to the IDENA community earning additional income on the internet at that time, Qtrade was a good exchange but unfortunately they wanted to create a new project so had to close the exchange

https://qtradehelp.zendesk.com/hc/en-us/articles/11423085662733-qTrade-shut-down-notice

[1714006280]

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[1714006280]

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[Tytanowy Janusz]

Qtrade was a good exchange but unfortunately they wanted to create a new project so had to close the exchange

"That said, as the ecosystem has been evolving we've seen fewer and fewer projects in line with the goals of the exchange, and we don't expect this to change in the near future. Additionally, ongoing compliance and operational costs are substantial and with recent current events we expect even higher compliance costs in the future."
https://qtradehelp.zendesk.com/hc/en-us/articles/11423085662733

Thats the reason not the fact that new project is more important. The volume on qtrade was going down day by day. It was ~1000$ on average for last few months (its like 500$ profit monthly minus compliance and operational costs). I was surprised why they continue to operate because it looks to me that they are doing it pro bono. And it restores faith in humanity. Despite adding to the business, they did not run away with the rest of the investors' money and they give a year for withdrawals. Hats off Qtrade

[piebeyb]

Qtrade was a good exchange but unfortunately they wanted to create a new project so had to close the exchange

"That said, as the ecosystem has been evolving we've seen fewer and fewer projects in line with the goals of the exchange, and we don't expect this to change in the near future. Additionally, ongoing compliance and operational costs are substantial and with recent current events we expect even higher compliance costs in the future."
https://qtradehelp.zendesk.com/hc/en-us/articles/11423085662733

Thats the reason not the fact that new project is more important. The volume on qtrade was going down day by day. It was ~1000$ on average for last few months (its like 500$ profit monthly minus compliance and operational costs). I was surprised why they continue to operate because it looks to me that they are doing it pro bono. And it restores faith in humanity. Despite adding to the business, they did not run away with the rest of the investors' money and they give a year for withdrawals. Hats off Qtrade

yes that's why they are so trusted, but we all have to respect their decisions because maybe if they keep going it will hurt them too because of the low trading volume even though there are many cases of crypto exchanges many just leave taking away the money of the traders there, but qtrade is really true take responsibility for it and not do it, i have also asked my community in indonesia to withdraw all their money there and move to bitmart exchange

[piebeyb]

Dear Idena community,

⚡️A new version of the Idena node 0.31.0 has been released ⚡️

❗️It's a hard fork update.

✅ Please update your node if you support the upcoming changes.

Hard fork changes:
1. Quadratic invitation rewards (IIP-6)
2. Quadratic rewards for extra flips (IIP-7)
3. Allowing undelegated identities to change pool (IIP-8)
4. Handling no qualified flips case
5. Flip grade in case of small qualification committee
6. Oracle voting improvements
7. Other changes
8. Bug fixes

The hard fork will be activated once the voting criteria is met. The voting starts automatically on December 23rd at 8:00 am UTC.

See details in the blog post.

👉 https://t.me/IdenaAnnouncements/1196

[piebeyb]

Idena validation results

👤 Identities validated : 3,224

💸 Validation rewards paid : 365,436 iDNA

🚫 Reward for flip report: 12.498 iDNA

Minimum total score for Humans to get the second invitation and Verified to get an invitation: 100%

❗️The next validation is on January 5 at 13:30 UTC (Thursday)


👉 Info https://t.me/IdenaAnnouncements/1205

[piebeyb]

Dear Idena community,

✅ The hard fork update has been successfully activated at the block number 5371207

👉 Please update the node version to 0.31.0

The most significant changes:
- Invitation rewards will be based on an inviter's stake and distributed between the inviter and invitee
- Qualified extra flips will be rewarded proportionally to the author's stake

👉 https://t.me/IdenaAnnouncements/1206

[MMOStars]

This has to be the biggest ponzi I have seen in my life.
Every time I see a dev update, they just add another ponzi feature into their chain.
Un f. believable, keep up the good work fellas.

[piebeyb]

This has to be the biggest ponzi I have seen in my life.
Every time I see a dev update, they just add another ponzi feature into their chain.
Un f. believable, keep up the good work fellas.

you don't have to invest and spend money to get free idena, you can get rewards from validation events, mining and more, read again their new system, nothing will hurt anyone in this case because everything is based on free to get for anyone, if you go to a project with a ponzi scheme then you have to spend to earn money whereas in IDENA you don't have to spend anything, I see it looks like the Dev wants to change the IDENA system to POS + POP 

[piebeyb]

Idena validation results

👤 Identities validated : 3,319

💸 Validation rewards paid : 365,010 iDNA

🚫 Reward for flip report: 15.324 iDNA

Minimum total score for Humans to get the second invitation and Verified to get an invitation: 100%

❗️The next validation is on January 20 at 13:30 UTC (Thursday)

[Tytanowy Janusz]

👤 Identities validated : 3,319

Looks like decline of number of nodes has stopped. Looks like most of the bad actors (farmers) are gone. Big reset. By the way it was the fisrt validation after hard fork. Changes:

"There are major changes:
- invitation rewards benefit both the inviter & invitee based on inviter's stake
- extra flips rewarded based on your stake"
https://t.me/IdenaAnnouncements/1208

[piebeyb]

👤 Identities validated : 3,319

Looks like decline of number of nodes has stopped. Looks like most of the bad actors (farmers) are gone. Big reset. By the way it was the fisrt validation after hard fork. Changes:

"There are major changes:
- invitation rewards benefit both the inviter & invitee based on inviter's stake
- extra flips rewarded based on your stake"
https://t.me/IdenaAnnouncements/1208

yes it almost changed the concept of Proof Of Person to Proof Of Stake, but there is no other option to stop farmers this way should get a lot of investors to invest and buy it but unfortunately the price still no increase even still stay below $0.1, I'm not sure it works but I will see this process in a long time

[Tytanowy Janusz]

yes it almost changed the concept of Proof Of Person to Proof Of Stake, but there is no other option to stop farmers this way should get a lot of investors to invest and buy it but unfortunately the price still no increase even still stay below $0.1, I'm not sure it works but I will see this process in a long time

Its still proof of person. Still the amount of stake you have does not change the fact that you have 1 vote just as person with 0 stake. Its just the rewards are no longer equal. So the team saved proof of person at an expense of fairnes of rewards.

[piebeyb]

yes it almost changed the concept of Proof Of Person to Proof Of Stake, but there is no other option to stop farmers this way should get a lot of investors to invest and buy it but unfortunately the price still no increase even still stay below $0.1, I'm not sure it works but I will see this process in a long time

Its still proof of person. Still the amount of stake you have does not change the fact that you have 1 vote just as person with 0 stake. Its just the rewards are no longer equal. So the team saved proof of person at an expense of fairnes of rewards.

yes this is almost unlike what I promote on my social media where I say, no money is needed for stakes and even now people if they want to get more rewards have to buy some IDNA to add to their Stake fund, but it's not forced to buy it also, even for free people can collect it from mining or validation and transfer it to the Stake fund, hopefully with this new concept it can make the Stake value increase and many investors are interested in investing

[Pofick]

I wonder why almost every time I visit 'Announcements (Altcoins)' section of this Forum I see the topic about Idena being at the first page. It either being bumped all the time by people from its community or it is just being popular.
I personally love this project especially with the latest battle over farmers so I like it anyway.

PS: Actually I don't see the 'bump' button anymore. So how to bump topics now?

[piebeyb]

I wonder why almost every time I visit 'Announcements (Altcoins)' section of this Forum I see the topic about Idena being at the first page. It either being bumped all the time by people from its community or it is just being popular.
I personally love this project especially with the latest battle over farmers so I like it anyway.

PS: Actually I don't see the 'bump' button anymore. So how to bump topics now?

maybe because not many projects actively post and update in the ANN section of this forum so you only see IDENA stay on top because there is always any latest information to be shared in this thread of course to attract many more new communities from this forum for IDENA

[Tytanowy Janusz]

I wonder why almost every time I visit 'Announcements (Altcoins)' section of this Forum I see the topic about Idena being at the first page. It either being bumped all the time by people from its community or it is just being popular.
I personally love this project especially with the latest battle over farmers so I like it anyway.

PS: Actually I don't see the 'bump' button anymore. So how to bump topics now?

maybe because not many projects actively post and update in the ANN section of this forum so you only see IDENA stay on top because there is always any latest information to be shared in this thread of course to attract many more new communities from this forum for IDENA

The "bump" button is the only mechanism that push threads up. The more earned merits you have the stronger your bump button is. I think not mamy people are bumping, or their accounts are weak because each time I hit "bump" button idena thread goes to first place on first page no matter how far it was before.


Big update is comming:
"We are glad to announce that the testing of smart contracts is almost complete. We plan to release a major node update, released as version 1.0.0. The hard fork update will be called “Corea Hard Fork”.

The hard fork update will enable creating custom smart contracts. Smart contracts will be executed in the high performance webassembly runtime. Node versions for Linux, Windows and MacOS will be supported."
https://medium.com/idena/idena-chronicles-97-99-7afbc44f857f

[piebeyb]

Big update is comming:
"We are glad to announce that the testing of smart contracts is almost complete. We plan to release a major node update, released as version 1.0.0. The hard fork update will be called “Corea Hard Fork”.

The hard fork update will enable creating custom smart contracts. Smart contracts will be executed in the high performance webassembly runtime. Node versions for Linux, Windows and MacOS will be supported."
https://medium.com/idena/idena-chronicles-97-99-7afbc44f857f

this should be great news to all the IDENA community who are still supporting the project till date, to be honest i believe in this project has a great future so i never left it even though the bear market beat a lot of people out, i am waiting for another great update to come from IDEA

[piebeyb]

Idena validation results

👤 Identities validated : 2,450

💸 Validation rewards paid : 391,176 iDNA

🚫 Reward for flip report: 16.354 iDNA

Minimum total score for Humans to get the second invitation and Verified to get an invitation: 100%

❗️The next validation is on February 2 at 13:30 UTC (Thursday)

Info https://t.me/IdenaAnnouncements/1224

[Tytanowy Janusz]

Identities validated[/url] : 2,450

Damn. That was unexpected. At least for me. I though that we already bottomed out above 3k nodes, network is cleared from abusers and will start a new life. Looks like there is far more to go.

BTW. This was the first validation that was supporting IIP-6 and IIP-7 changes

[Aerospace1244]

❤️ There is a final match of Supercopa de Brasil is coming.
⚽ Palmeiras x Flamengo.

🔥 iDNA.bet is accepting on-chain bets for that match.
Sounds like the 1st on-IDENA-chain betting platform.  

💡 The Oracle to get a draft community opinion also has been set here:
https://scan.idena.io/contract/0x33dbc46a4276b3c7e0e967938db5a694e93b26e5

🐰 I am not a big fun of Brazilian football but I have made my bet. The experience on betting on WCUP 2022 was quite profitable!