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Author Topic: Idena is the first Proof-of-Person Blockchain  (Read 40223 times)
Tytanowy Janusz
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March 05, 2022, 08:30:05 AM
Merited by solosequenosenada (1)
 #2241

i am believe the developers team will doing alot and build some improvement.

They continue to build. I'm with this project for 2 years and many things changed. Each week/month we have an update that actually is visible. Its much much easier now to be a node (web validation, mining delegation, node sharing during validation). Number of nodes is constanly growing. Value of this project is building continously ... but not price. There is no marketing. No hype. I remember how idena was being traded in sep.2019 OTC via escarrow, because there was no exchange (first listing in 02.2020 - qtrade). It was 200-350 sat back than. Network had like 200 validated identities. Its 2022, we have 14k validated identities and we are stuck at 200 sat/IDNA ...

No marketing. No hype.

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March 06, 2022, 03:08:10 AM
 #2242


No marketing. No hype.

I agree this is one of the most stabilized projects in the community, because of its uniqueness there's no project like this because everything is equal, no one owns a group of computers to mine, it's one computer for every miner, the price may not be good right now but the growth is organic and a project that grows steadily will not die easily like those pump and dump coins we have now in the market.
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March 20, 2022, 08:11:23 AM
 #2243

There is a new Idena Chronicle with AMA recap:

https://medium.com/@idena.network/idena-chronicles-7629afabb6bb

In which we can find a new proposal:

IIP-4 Quadratic staking:

"Idena core team has been receiving many requests from the community to add percentage yield to the identity stake and allow stake replenishment. Staking can make the iDNA coin more attractive for investors and reduce inflation by locking coins in stakes.

However, the traditional (linear) staking model leads to inequality because large coin holders can extract the major part of the profits from staking. With Proof-of-Personhood in mind, we can offer quadratic staking reward schemes that are free of capital bias. We invite the community to consider this quadratic staking proposal and discuss its advantages:

Quadratic staking can make the iDNA coin more attractive for investors and reduce inflation by locking coins in stakes. This can lead to faster network growth.
Quadratic staking can make an older identity more valuable and would incentivize people to not terminate their identities.
Quadratic staking can improve security of the protocol because larger stakes increase the value of each identity. In other words, quadratic staking will lead to the growth of the capitalization of many identities resulting in higher security of the network.
Identity’s stake is a security measure that ensures that the private key of a valid identity cannot be purchased without the risk of losing the stake and identity status. We see benefits in being able to replenish the identity stake and get rewarded for that but only if it leads to a balanced rise in stakes for a large number of identities. We consider the staking to be undesirable when it leads to the domination of a few large coin holders. We propose quadratic staking that discriminates against large coin holders and encourages smaller players to increase their stakes."
https://github.com/idena-network/idena-docs/discussions/69

Same voting power but faster mining for indentities with bigger stake? Am I geting it right?

"Quadratic staking can make an older identity more valuable and would incentivize people to not terminate their identities."

If you allow "stake replenishment" than it does not make older identity more valuable since you can add stake to 1 epoch old account and make it mine faster than 50 epoch old account?

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March 26, 2022, 04:45:59 PM
 #2244

Idena validation results for epoch 84

👤 Identities validated: 15,284

💸 Validation rewards paid: 545,052 iDNA

🚫 Reward for flip report: 13.556 iDNA

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

https://t.me/IdenaAnnouncements/1050

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March 29, 2022, 09:01:47 PM
 #2245

Dear Idena Community,

🔥 $IDNA gets listed on BitMartExchange

👉The trading pair will be IDNA/USDT

- Deposits open at 9:00 am UTC on March 30, 2022
- Trading IDNA/USDT starts at 9:00 am UTC on April 1, 2022
- Withdrawals open at 9:00 am UTC on April 2, 2022

https://t.me/IdenaAnnouncements/1051

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March 30, 2022, 10:58:20 AM
 #2246

coool
Tytanowy Janusz
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March 31, 2022, 03:16:10 PM
 #2247

Dear Idena Community,

🔥 $IDNA gets listed on BitMartExchange
The only problem is that you need full KYC for spot trading. So still ... the best place to trade IDENA is pancake swap.

_________________________________________
Looks like idena is going to have staking option:

"The vast majority of the voters support the IIP-4. Among those votes that have already been published, 93% of the votes are in favor.

If it’s not changed by the end of the counting period, Quadratic Staking will be included into the upcoming hard forks. Please open your Idena app to disclose your secret vote."
https://t.me/IdenaAnnouncements/1052



Wonder how big ROI we are going to see and how popular it will be (how big TVL will be)

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April 01, 2022, 04:16:07 PM
 #2248

🔥IDENA (IDNA) is now available on BitMartExchange!🔥

Trading pair: IDNA/USDT

Happy trading!

https://www.bitmart.com/trade/en?symbol=IDNA_USDT&layout=basic

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April 16, 2022, 03:14:41 PM
 #2249

Idena validation results for epoch #85

👤 Identities validated: 15,778

💸 Validation rewards paid: 543,492 iDNA

🚫 Reward for flip report: 12.302 iDNA

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

https://t.me/IdenaAnnouncements/1062

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Tytanowy Janusz
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April 24, 2022, 12:41:24 PM
 #2250

New things in idena:
New post about idena on Hackernoon - https://hackernoon.com/understanding-idena---the-human-centric-blockchain
New node update:
"Changes:
- Automatically activate mining status after sync
- Show sync status while node starting
- Bug fixes"
https://t.me/IdenaAnnouncements/1064

And as always. If anyone need invitation fell free to PM me.

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May 04, 2022, 08:04:27 AM
 #2251

👉Check out the new issue of IDENA Chronicles !

❗️Spoiler alert: the most anticipated hard fork will be announced soon

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May 08, 2022, 12:12:38 PM
 #2252

Dear Idena community,

We plan to release a new version of the Idena node on May 12, 2022. It will be a hard fork update.

Please check the upcoming changes:



Tytanowy Janusz
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May 19, 2022, 05:58:34 PM
 #2253

Quadratic staking is live. We can now stake up to 1 mln IDENA per 1 node. System promotes small players so the more you stake the lesser the reward is but even for big numbers (1 mln IDENA) its close 30% so far. Because i think this number will reduce after we will be closer to validation.


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