Idena is the first Proof-of-Person Blockchain

[solosequenosenada]

I guess I don't understand why their is an issue with one person being able to contribute to a network more than another person if they are contributing more computing power?

This project isn't about computing power, it's about proving you're a human by solving captcha like puzzles.

This allows a much more equitable distribution since it does not depend on your purchasing power or your ability to create thousands of clones and abuse the system.

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[Fakmi Ifajno]

I guess I don't understand why their is an issue with one person being able to contribute to a network more than another person if they are contributing more computing power?

You are asking why we try to build Proof of Person (breakthrough technology) that can be actually scalable, honest, fair instead of burning earth supply just to guess random number faster than others which will allow us to mine block? This computing power is not doing anything more. Idena is the most decentralized project with the most fair mining structure and still only few knew about it. If it will grow to top 100 CMC we will have 100 000 nodes. Can you imagine network that has 100 000 equal votes?

Can you imagine that someone participating in the network with 0.5 DNA daily reward in the project wich had 36 mil DNA premine?(A premine or instamine is where the developer or developers don't release the crypto currency in what can be considered a fair manner.)

0.5 DNA is reward if the network have 100 000 nodes.It is about 15 DNA/month.

How much price of 1 DNA must be to keep all that people to mine and how do you think achieve that?

Thanks

[Tytanowy Janusz]

0.5 DNA is reward if the network have 100 000 nodes.It is about 15 DNA/month.

How much price of 1 DNA must be to keep all that people to mine and how do you think achieve that?
Thanks

If it will grow to top 100 CMC we will have 100 000 nodes.

Top 100 CMC is ~$30M marketcap. Lets assume circulating supply around 30M (rest will still be locked) we have 1$ per DNA. It's enough to have 100 000 nodes. This will be 15$ per month. People do much more for that than taking part in 1 validation per 45 days. 20 min of quiz time once per 45 days.

[Fakmi Ifajno]

0.5 DNA is reward if the network have 100 000 nodes.It is about 15 DNA/month.

How much price of 1 DNA must be to keep all that people to mine and how do you think achieve that?
Thanks

If it will grow to top 100 CMC we will have 100 000 nodes.

Top 100 CMC is ~$30M marketcap. Lets assume circulating supply around 30M (rest will still be locked) we have 1$ per DNA. It's enough to have 100 000 nodes. This will be 15$ per month. People do much more for that than taking part in 1 validation per 45 days. 20 min of quiz time once per 45 days.

Plus laptop running every single day?

What do you think this adresses( https://scan.idena.io/#topaddress ) will do when 1 DNA = 1 usd is?
 
And how will that impact on the price and will of new miners and automatically on complete network?

[Tytanowy Janusz]

ALL OFF THEM WILL DUMP IN 1 DAY AND WE ALL BE DOOMED. Man ... most of them won't be in top 100 any more. One will dump at 0.2 other in 0.4 and another one in 0.5. Few of them on 1$. Some of them will w8 for 2$ ... 5$ etc. Some of them already sold half or more. Some of them just bought. Its normal than one man is selling so other can buy.

Same can be said with every other cryptocurrency. It's like you would say in 2010 "Anyone mining bitcoin is insane because you are mining 50 btc if you are lucky and satoshi has 1 000 000. Stop mining bitcoin ... what will happened when satoshi will dump it?"

[Fakmi Ifajno]

ALL OFF THEM WILL DUMP IN 1 DAY AND WE ALL BE DOOMED. Man ... most of them won't be in top 100 any more. One will dump at 0.2 other in 0.4 and another one in 0.5. Few of them on 1$. Some of them will w8 for 2$ ... 5$ etc. Some of them already sold half or more. Some of them just bought. Its normal than one man is selling so other can buy.

Same can be said with every other cryptocurrency. It's like you would say in 2010 "Anyone mining bitcoin is insane because you are mining 50 btc if you are lucky and satoshi has 1 000 000. Stop mining bitcoin ... what will happened when satoshi will dump it?"

You are not kind at all.

Do not tell what's happened with btc,i am not blind.You are talking all the time that you are different,so just prove it,that is all.

[iHodler]

Have you followed https://bitcointalk.org/index.php?topic=5194871.msg53829330#msg53829330?

The build in node is getting the nodekey from your own pc. When you use the remote node you use the nodekey from your vps. It generates a new one in the vps if it can't find an existing nodekey file. Check above link, especially from step 13 on.

I just missed something I have transferred my status to the vps server I was using winscp to transfer my node and my apikey then I just missed some line the only issue I had right now is everytIME I close the putty my wallet is turning offline I don't know if this is normal because I am not yet validated and mining can you clarify if things is ok your wallet go offline when you close the putty client?


Do we a code that we can use so the node will keep on running even if you close the putty I follow the guide but I guess I am missing something

Your wallet is showing "offline" because the connection with the VPS is closed i.e. Putty bridge.

There is no need to worry if your node on the VPS is up and running, you will continue to mine coins.

As a tip: if you want to see your node status at any time without the need to fire up the wallet everytime, check your address on the explorer.
OR use Rioda's portal: http://rioda.org/idena <-- using this will have the advantage to notify you when the node is going offline due to different reasons.

[MostlyGhostly]

0.5 DNA is reward if the network have 100 000 nodes.It is about 15 DNA/month.

How much price of 1 DNA must be to keep all that people to mine and how do you think achieve that?
Thanks

If it will grow to top 100 CMC we will have 100 000 nodes.

Top 100 CMC is ~$30M marketcap. Lets assume circulating supply around 30M (rest will still be locked) we have 1$ per DNA. It's enough to have 100 000 nodes. This will be 15$ per month. People do much more for that than taking part in 1 validation per 45 days. 20 min of quiz time once per 45 days.

100000 nodes means 100000 users. Aint gonna happen. First, people in average are very very stupid, literally hicks, whose literacy skills wane as they grow older. Only 1 in 1000 knows how to set up a node, and much less know how to keep it running. Rest assured that people will keep avoiding crypto in the future because risk aversion and low information field to which they are exposed are two key restrains that keep people from stepping in.

[iHodler]

0.5 DNA is reward if the network have 100 000 nodes.It is about 15 DNA/month.

How much price of 1 DNA must be to keep all that people to mine and how do you think achieve that?
Thanks

If it will grow to top 100 CMC we will have 100 000 nodes.

Top 100 CMC is ~$30M marketcap. Lets assume circulating supply around 30M (rest will still be locked) we have 1$ per DNA. It's enough to have 100 000 nodes. This will be 15$ per month. People do much more for that than taking part in 1 validation per 45 days. 20 min of quiz time once per 45 days.

100000 nodes means 100000 users. Aint gonna happen. First, people in average are very very stupid, literally hicks, whose literacy skills wane as they grow older. Only 1 in 1000 knows how to set up a node, and much less know how to keep it running. Rest assured that people will keep avoiding crypto in the future because risk aversion and low information field to which they are exposed are two key restrains that keep people from stepping in.

Of course it wont.

I personally think that the nodes will stay somewhere between 3000 and 5000 long term.

[Railai]

Between 3000 and 5000 are still good numbers,we have to understand that there will be also people that will miss their validation. Already 1k members is a lot for a project in such early stage

[Tytanowy Janusz]

100000 nodes means 100000 users. Aint gonna happen. First, people in average are very very stupid, literally hicks, whose literacy skills wane as they grow older. Only 1 in 1000 knows how to set up a node, and much less know how to keep it running. Rest assured that people will keep avoiding crypto in the future because risk aversion and low information field to which they are exposed are two key restrains that keep people from stepping in.

Between 3000 and 5000 are still good numbers,we have to understand that there will be also people that will miss their validation. Already 1k members is a lot for a project in such early stage

You guys think that it will be so easy to stop IDENA? Just look at this chart.



And estimation on logarithmic scale:



Another one based on last 7 epochs



3000 looks very easy to achieve. We can see it after 5 epochs from now if we will maintain this grows speed. This unique project brings people outside of crypto society. As i know devs are mostly focused on them. That's why they don't spend too much time on Bitcointalk. Most participants have invited at least 1 friend/relative and teach how to validate correctly.

Maybe i'm too long in here to remain objective but i'm extremely bullish on IDEA network grow and DNA price.

If DNA price will push IDENA to top 100 CMC we will most likely see 100 000 nodes, because 1 person from third world country will bring here whole village (of course this one with internet connection).

[notblox1]

One more Idena validation session completed.
I feel there is still lot of room for improvements and changes.
Many people are lazy, don't want to learn and they don't even know the basic rules (that are always changing).
Use this time until next validation wisely.

[arteis406]

IDENA NOT FAIR FOR INVITATION CODE , only old member and multyple user always get code invitation from admin. I user indonesia and join group telegram get kicked from admin 
bad project

[iHodler]

If DNA price will push IDENA to top 100 CMC we will most likely see 100 000 nodes, because 1 person from third world country will bring here whole village (of course this one with internet connection).

According to your calculations, to get Idena in top 100, we will need a price of $1, and with the Fakmi Ifajno statement that with 100K nodes we will get 15 DNA/Month I think the numbers of nodes will get lower since many users will loose interest for $5-10 a month return (what you get minus expenses i.e. VPS rent, electricity bill).

I don't think we will see more than 10-20K nodes, since the return will start to get very low after at 1$ price.

At curent price with 1100 nodes, you get $125 per month (flips rewards, invites excluded). With 5K you'll get around $30/Month which is still profitable. More than 5K will make running a node unattractive for many.

[Lascu]

IDENA NOT FAIR FOR INVITATION CODE , only old member and multyple user always get code invitation from admin. I user indonesia and join group telegram get kicked from admin 
bad project

If you are not blacklisted I will give you one invite.

[Tytanowy Janusz]

IDENA NOT FAIR FOR INVITATION CODE , only old member and multyple user always get code invitation from admin. I user indonesia and join group telegram get kicked from admin  
bad project

Yes this is definitely bad project for you. Based on the entry in your trust summary you would rather choose and promote ponzi shame.

"multyple user" - yhy.. in proof of person blockchain.

"join group telegram get kicked from admin" - I'm more than sure that you was kicked because you didn't pass bot test.

More than 5K will make running a node unattractive for many.

With current price that is undervalued based on $2M marketcap and 1300 uniqe and equal nodes!

I don't think we will see more than 10-20K nodes, since the return will start to get very low after at 1$ price.

With 1$ DNA price and 10k nodes you will have 150$ monthly for 15 min quiz once per 2 weeks. People work in shoe factory in third world country for 10h daily for less than that.
I would continue to support IDENA even with 5$ per month.

[~ KiD ~]

With 1$ DNA price and 10k nodes you will have 150$ monthly for 15 min quiz once per 2 weeks. People work in shoe factory in third world country for 10h daily for less than that.
I would continue to support IDENA even with 5$ per month.

This is what a supporter looks like! GZ
I know what you mean, I will also be around even if DNA price will be the same as it is now and 100.000 nodes will be up an running.
I just like the project! Period! 

[arteis406]

hahahhha investor not like the project see now and soon price dump...
because not FAIR for code invitation

IDENA NOT FAIR FOR INVITATION CODE , only old member and multyple user always get code invitation from admin. I user indonesia and join group telegram get kicked from admin 
bad project

If you are not blacklisted I will give you one invite.

I only blacklist on group telegram INDONESIA, admin kicked me, I still stay on group IDENA official and Idena ANN

[Railai]

After last updates I have to write this feedbacks about idena itself. I will take it from 2 points of view. I hope I am not doing any fud, but just saying my opinion.

I. A general hungry moment from the developer.
1. A few weeks ago we had an important update where the newbies status was redifined, the human status introduced and the invitations were established. As I saw at that moment it was that it is a damn mistake.
Now I see that as the network grew fast the developer was looking for more rewards for him. As the invites were redifined, he made a way that the foundation address still takes half of the minted coins rewarded. Because of the lazyness of his spending all the invites he has available.
People have to be aware that each invite dev is not sending, he still get rewards. Each invite dev sends he still get rewards. And those rewards cut from the share of us as users.
This ain't a problem right? But they already have 40 milliion idena premined. It's god damn 40 million. But who cares!?
2. After the last update 216 verified users with over 3 epochs woke up with the revenue from invites being down. Why? For now it seems there's no reason. But, the invites in general as the network grew should've been with 100 more than now. What they did? He made the minimum solving score for short flips to be over 90.74% speaking that the humans need 92% and they have from start 2 invites. Does this seem fair?
Let's look deeper of how the network works. Most of admins from discord/telegram say that it is because of flips, this will make users forced to make flips. This is the most stupid argument and the most often heard in the channels of discord/tg. Why? How come that a user that is old is to blame for something that a new one makes? But again this update is an advatange to the dev, as his invites are more as the number of nodes increased, being capped to 500 (but the minimum not reached yet), more rewards for him. Cutting rewards from the members of the community and more to him.
It's totally obvious that both of updates are in his advantage. You might say that is not the case, that I am mind fucked, but if you look at the explorer 45% of the minted coins for last 6 EPOCHS, goes to the foundation address.
3. There is no decentralysation. I wanted to expect more from the team that every voice can be heard. They added a big percent of voices to the humans, elders whatever, but they don't listen or think of the future of the newbies coming along. For now newbies don't have any ammount to receive if they don't reach the 3 epochs. Against of what I said before in this thread it seems, newbies try a lot to get through the steps to make a bank of dna. but the current system makes everything from preventing them growing.

II. Sugestions to the current situation

1. Change the way the invites system work
For some time invites seems to be an issue. How to send them? To whom to send them? Most of the users just get the invite and they don't join the network, or miss validation. Do a system in which users are more responsabile for their invites. Create a % over the network's approval rating of new users coming and if you are not able to find the right people to join, you're losing the invite right. Myself I had 9 invites, 8 gone through and most are verified right now, still active members of the community. Buying/selling should be allowed as collateral. People should deposit a specific ammount maybe, a smart contract as a collateral for their verification; release once they reach 3 epochs.
Both systems can work if they are taken in the consideration. This system should also affect the foundation address, dev will not be able to generate 200-300 invites each epoch.
2. Cut the flips for the newbies.
When you join the network or you find about it, it's normal you don't know all the fking stupid rules added each week and most made by the community with no clue. There is no information, the information on idena.io is outdated, the telegram pinned message is stupid and the flip school is a stupid joke. Even more you can be in the case, you can't join the telegram channel because discord fails you to approve the 6 channels to gain access.
When a new person join, he firsts downloads the wallet and that's it. He doesn't know how it is mined, what is the validation or anything. The idena.io is not helpful, the information is not made for normal people, telegram people are idiots not being helpful enough (ok, don't want to generalise but I have in head a couple of admins.). People not going for information is the problem, the other problem is that there is no information.
How are all these regarding to flips? People see the flips, but they don't know how to solve them or how to do them. You need to look up for youtube videos to understand that the verification is at the same time to everyone.
Most of people understand that once you get the invitation, you will become a node at that date. They don't understand that you will need to do something after.
About flips, once you get all the info and you pass a validation, let's give the newbies 1 epoch the right to do 1 flip. If they do it and gets consense, let's let them do 2. If 2 are good 3. If all 3 are good, 4 and they are verified. 5 as humans. Don't give people penalties for the information you are not offering. There is no information out there. Cut the rewards they get now by not letting them do flips instead of giving them penalties for what you are not able as team to offer to them, information.
3. Delete the rewards for not spending the invite
To help increase the network create a rule as a % of invites available have to be spent if not a penalty comes out. To help and promote more and more the network. The stable users and active have all the time to have a percentage of invites giving out. This will also create a flow with the 1st suggestion as if they are not doing it enough well, the invites can be deleted or get a penalty.
4. Increase the short session.
Increase the flips on the short session and the time. There is a big cultural problem right now with the flips on the short session. I had a flip that works only for the way assians do checkin to flights. In europe, we don't have that. I knew only bc I travel a lot to China/South Korea. Making more will change definetly the way the score it is and how penalties can come to the small % solver, the update to 6 flips were well welcomed but there have to be more.

That's it for now haha, just my own ideas, i hope it helps someone or the project, sorry if there was any fud but that's how i see the things. This is a project with so many things to offer on long term but as now, some systems are not fair. I have many more in my mind about other features but I thinl this is enough for now

[notblox1]

only old member and multyple user always get code invitation from admin. I user indonesia and join group telegram get kicked from admin  
bad project

Wrong and false information!
Problem is that you run multiple nodes and have low average score on all of them.
If you run only one node you will have better score, you will become human rank fast, and you will maintain it easier.
No wonder you have negative feedback here and you are banned from Idena group
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1334 valid identitties at the moment
220 humans
473 verified
641 newbies
Check this stats for Idena:
https://idena.today/