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Author Topic: Idena is the first Proof-of-Person Blockchain  (Read 44193 times)
TakeItEasy
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February 28, 2020, 12:06:04 AM
 #581

First I am not a FUDer, and I am also part of the project nodes but asking for Donations to pay the Translations is not looking good to me.
With a "Total premint size: 36,000,000 DNA" and "5% Foundation wallet (DAO)"- extracted from medium is a shame to ask for donations imo.
Do you mean this?
https://medium.com/idena/idena-app-translation-bounty-auction-experiment-first-results-co-funding-and-next-steps-7be0978137ea

Yeah, for sure, to have such a HUGE premine and at the same time ask for donations... very strange and wrong behavior.

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lemonandfriesonetwo
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February 28, 2020, 03:44:47 AM
 #582

People are given free stuff and still complain.  Roll Eyes Roll Eyes

PS. Somewhere  in chat room, devs mentioned looking for private investors to keep going with the project. This was before it ever was listed on an exchange. It was mentioned as a way so they could keep working on the project so everyone and their mama could keep mining on their crappy 10 year old Dell laptops.  Wink
iHodler
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February 28, 2020, 06:59:06 AM
Merited by othell_rogue (1)
 #583

People are given free stuff and still complain.  Roll Eyes Roll Eyes

PS. Somewhere  in chat room, devs mentioned looking for private investors to keep going with the project. This was before it ever was listed on an exchange. It was mentioned as a way so they could keep working on the project so everyone and their mama could keep mining on their crappy 10 year old Dell laptops.  Wink

What free stuff? Nothing is for free.

They mentioned looking for private investors to keep going with the project, I say that they should continue their work because they have "Core team allocation: 17,250,000 DNA" which is ~$1225000 at current price. Isn't this enough?

This project starts to smell fishy.. I hope the devs can came up with some explanations and make some light regarding this matter.
Tytanowy Janusz
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February 28, 2020, 07:09:16 AM
Last edit: February 28, 2020, 08:49:09 AM by Tytanowy Janusz
Merited by othell_rogue (1)
 #584

I think that some of you have serious problems with reading.

1-Devs write in white paper about allocation and another time in announcement ->"hidden transactions!! scam!!"
2-Devs did not write anywhere that it will be public sale -> "scam because it should be" (why?)

What is written on Whitepaper is what is supposed to be done.
Where dev's wrote even a single word about the fact that "seed investors" will be those from public pre-sale. Yea public... there could be private sale and public sale - its very common for various projects.

Quote
Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term seed suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding.
https://en.wikipedia.org/wiki/Seed_money

... and crowdfunding -> not crowdfunding or "scam scam scam !!"

https://www.businessinsider.com/graffiti-artist-painted-facebooks-first-office-now-worth-200-million-2015-6?IR=T ->facebook shares offered for graffiti artist as payment. They should do public announcement ... maybe some artist will do it cheaper... or whole community will come to paint office!!! scam scam scam !!!

Your accusations are nothing more than trolling.

Yeah, for sure, to have such a HUGE premine and at the same time ask for donations... very strange and wrong behavior.
Another person who linked article without reading it. Dev's don't ask for donations. They ask for your vote! You can donate 0.0001 DNA and your vote will be equal to 1000 DNA donation. It's the simplest way to vote. You wanna Klingon translation? Post it on discord and dev's or CM will open special wallet. Present it to community and collect votes. If xxx nodes will vote for (by transferring from 0.0...01 dna to 100...00 dna) team will fund the rest. Simple as that. They are letting us decide how coins will be invested and you guys are crying ...

Example:
https://docs.google.com/spreadsheets/d/1refGqtqFcxr_ricQ14Ves1k37j_OsCxfDpEG3THxMXA/edit#gid=2018450041


Quote
The more Idena validated members support the proposed work (even with small donations) the larger fund will be granted by the Idena foundation

The more votes the more money granted by team! Not the more DNA collected by community the more DNA donated by team!

What free stuff? Nothing is for free.

They mentioned looking for private investors to keep going with the project, I say that they should continue their work because they have "Core team allocation: 17,250,000 DNA" which is ~$1225000 at current price. Isn't this enough?

This project starts to smell fishy.. I hope the devs can came up with some explanations and make some light regarding this matter.
DAMN! So you are saying that they should go to shop and buy bread with DNA? They have 36 M premine from which 9 M was reserved for seed investors to collect funds ($!) for developing. It was written in whitepaper at least half year ago. Why are you so surprised? Because you eat lies from mr. scam guy like a pelicans eat fishes.



"stupid beach"

othell_rogue
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February 28, 2020, 09:16:31 AM
 #585


Do you mean this?
https://medium.com/idena/idena-app-translation-bounty-auction-experiment-first-results-co-funding-and-next-steps-7be0978137ea

Yeah, for sure, to have such a HUGE premine and at the same time ask for donations... very strange and wrong behavior.


Yes, thant's exactly what I mean, is strange. Anyway I will stick to the project for a while and see what happens next.

What free stuff? Nothing is for free.

They mentioned looking for private investors to keep going with the project, I say that they should continue their work because they have "Core team allocation: 17,250,000 DNA" which is ~$1225000 at current price. Isn't this enough?

This project starts to smell fishy.. I hope the devs can came up with some explanations and make some light regarding this matter.

1) Good point!
2) Good point!
3) No comment, yet.

iHodler
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February 28, 2020, 10:07:09 AM
 #586

What free stuff? Nothing is for free.

They mentioned looking for private investors to keep going with the project, I say that they should continue their work because they have "Core team allocation: 17,250,000 DNA" which is ~$1225000 at current price. Isn't this enough?

This project starts to smell fishy.. I hope the devs can came up with some explanations and make some light regarding this matter.
DAMN! So you are saying that they should go to shop and buy bread with DNA? They have 36 M premine from which 9 M was reserved for seed investors to collect funds ($!) for developing. It was written in whitepaper at least half year ago. Why are you so surprised? Because you eat lies from mr. scam guy like a pelicans eat fishes.

1) No, but they can keep doing what they are doing, because they are already paid by themselves.

2) I am talking about the Core team allocation not about the 36M DNA preminted, nor the 9M reserved for investors.

What I don't understand is why the team needs to be paid twice to do the job, once from Core team allocation and once from reserved for investors, that's all.
lemonandfriesonetwo
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February 28, 2020, 02:34:05 PM
 #587

Look at all these salty trolls with their pathetic attempts at FUD and price suppression.

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
AndrewIdena (OP)
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February 28, 2020, 05:26:37 PM
 #588

A new version of the Idena node is about to be released.

Planned changes:
1. Short session extension
2. Human status
3. Lottery-based rewards for non-spent invitations
4. Discrimination of identities with the Newbie status
5. Additional flips for Verified/Human
6. Bug fixes
See more details here:
https://medium.com/@idena.network/idena-security-model-update-7d624ef3298f

This will be a hard fork. All the balances and identity states will be saved for the block number: 952220.
❗️Please do not submit flips, do not activate invitations and do not transfer DNAs during the next 1 hour.

The release announcment will be published soon. The miner status for all nodes will be deactivated. Once you update the node version, please activate the miner status.
Flangler
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February 28, 2020, 06:31:55 PM
 #589

People are given free stuff and still complain.  Roll Eyes Roll Eyes

PS. Somewhere  in chat room, devs mentioned looking for private investors to keep going with the project. This was before it ever was listed on an exchange. It was mentioned as a way so they could keep working on the project so everyone and their mama could keep mining on their crappy 10 year old Dell laptops.  Wink
which is ~$1225000 at current price. Isn't this enough?

This project starts to smell fishy... I hope the devs can come up with some explanations and make some light regarding this matter.
No. In the best scenario, they could only get 0.9btc which is approx 7-8 k$.

It is understandable that they are looking for investors, they put their time on this project.
AndrewIdena (OP)
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February 28, 2020, 06:36:20 PM
Last edit: February 28, 2020, 06:49:01 PM by AndrewIdena
 #590

There are new versions are available:
Idena node version 0.18.0
Idena app version 0.4.3

Please download the Idena app 0.4.3 version manually from the website:
https://idena.io/?view=download

Changes:
1. Short session extension
2. Human status
3. Lottery-based rewards for non-spent invitations
4. Discrimination of identities with the Newbie status
5. Additional flips for Verified/Human
6. Flips encryption
7. Bug fixes
Read more
https://medium.com/@idena.network/idena-security-model-update-7d624ef3298f

The miner status is deactivated for all nodes: please activate
All balances and identity states are saved.
Update is required. The older version is not supported.

Please update:
https://idena.io/?view=download
notblox1
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February 29, 2020, 11:42:50 PM
 #591

Less than 2 days until next validation.
I hope new humans and all other members are ready and created their flips.
https://idena.io/

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iHodler
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March 01, 2020, 07:57:01 AM
 #592


Changes:
2. Human status

5. Additional flips for Verified/Human

2) What are the advantages of getting Human status over the network? Apart for an extra flip, I see only that he can miss the short session, but he can NOT miss the long session. This is kind of weird because if you are not at the PC at the time the validation starts, you most likely not be around for a while, so you will miss Long session too. I don't see this an advantage.

5) Will be the additional flips made by the Validated/Humans rewarded?
WillWammer
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March 01, 2020, 11:01:59 PM
 #593

I have read this new proof of person on https://idena.io/, to put it simply we need to do a puzzle or captcha if we want to work as a node.
every single node is equivalent to one person, but this is tedious work for human to keep solving the puzzle. I do not think this new consensus will work out, this is not effective and efficient.

Sounds like a faucet, not a full fledged network
Tytanowy Janusz
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March 01, 2020, 11:18:11 PM
 #594


2) What are the advantages of getting Human status over the network? Apart for an extra flip, I see only that he can miss the short session, but he can NOT miss the long session. This is kind of weird because if you are not at the PC at the time the validation starts, you most likely not be around for a while, so you will miss Long session too. I don't see this an advantage.

5) Will be the additional flips made by the Validated/Humans rewarded?

ad 2.
1- stake protection
2- extra flip
3- extra invitation (after another fork)

This rule is about failing validation not missing it. So you can get <50% and still do not lose stake. Both verified and human accounts can miss whole validation twice without punishment other than exclude from mining.
You  Validated/Human than Suspended than Zombie than killed.

ad 5.
Yes and they are not mandatory thus. The only thing that is a pain is that there are still only 9 pairs of keywords. Way to less to create 5 high-quality flips.
notblox1
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March 02, 2020, 01:16:56 AM
 #595

The only thing that is a pain is that there are still only 9 pairs of keywords. Way to less to create 5 high-quality flips.

I agree with you, and I don't understand why they don't increase that as people are asking this for long time.
We need more word combinations.

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iHodler
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March 02, 2020, 08:36:15 AM
Last edit: March 02, 2020, 08:58:51 AM by iHodler
 #596

The only thing that is a pain is that there are still only 9 pairs of keywords. Way to less to create 5 high-quality flips.

I agree with you, and I don't understand why they don't increase that as people are asking this for long time.
We need more word combinations.

+1 here

Maybe with the next update the keywords base will increase too.


Later edit:
ad 5.
Yes and they are not mandatory thus. The only thing that is a pain is that there are still only 9 pairs of keywords. Way to less to create 5 high-quality flips.

You talk about high-quality posts and I agree, we all should make great ones and easy to understand but.. What if you make a great flip but users will tag it "not relevant" if they are verifying flips without thinking too much, then your flip won't be that great.
lemonandfriesonetwo
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March 02, 2020, 08:48:50 AM
Last edit: March 02, 2020, 08:59:03 AM by lemonandfriesonetwo
 #597


https://www.qbtc.ink/trade?symbol=DNA_USDT

Tyttifructawy Anus
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March 02, 2020, 10:45:10 AM
 #598

Guys, number flips!
Number in any way:
1,2,3,4
or
. .. ... ....
or
l ll lll lV
Don't worry about the developers.
Now we have to solve 6 flips, not 5. And it will take more time!
Let's help each other, do not report such flips.
We are all here to mine more coins and make more money.
marlinkanamo
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March 02, 2020, 11:17:28 AM
 #599

Request an invitation code idena
lemonandfriesonetwo
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March 02, 2020, 03:23:36 PM
 #600

...............
Let's help each other, do not report such flips.
We are all here to mine more coins and make more money.

Report all numbered flips. This will make bots not be able to take over network.

Do not pay attention to the newbie account, they are mad their bot network doesn't work anymore.
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