[ETI] Etica - A cryptocurrency for Open Source medical research

[eduarz]

exchange for EGAZ?

[Gash]

Im not sure what EGAZ is but Open AI project has voiced intent to hook up with you guys for the development of a new gen stable coin to back up asset value in their Trust fund. Things are spinning fast when u are in to decentralized finance. Money will be allocated for boosting this coin as their current means for monetization of their platform.

[bamby2014]

0x0Ba7CE050677EfA38afc166971049d2Bcf954993

[r_victory]

The "coins" are mined separately. ETI is listed and tradeable, EGAZ isn't. It's only used to secure the blockchain and pay transaction fees.

As we will have energy costs and equipment depreciation, are we obliged to mine EGAZ too? Since it will not generate financial return, which is the goal of most miners.

[AmoreJaz]

company reputation is the beginning of the key to success
Therefore, it is essential to manage your e-reputation and to understand what your community thinks of your work, product, or service.

Exorde can help you gather as much information as possible so that you can recognize how your community feels about your brand.

In addition, you will be able to modify your strategies to better respect what the community wants. This could result in the community feeling closer to your decisions and being more engaged and involved with the development of your product or service.

If you are already an established company, Exorde can be a quick and useful tool to quickly track your company’s reputation over the last 7 days, months, or more.

Feel free to join our active community on :
Discord : https://discord.gg/ExordeLabs
Twitter : https://twitter.com/ExordeLabs
Website : https://exorde.network/

Etica is not a company and there is no company behind it. It's a community driven project we are not interested in marketing.

as this is a community driven project, do you really think you can pursue your goals here successfully?

what i am curious here is that, will they really spend the funds when it comes for example in their etica's diseases, as they have their own addresses. i have the feeling that this won't last long.. most community driven project do not survive as the interest will slowly wane as time goes on.
there are so many institutions that are already doing their own research when it comes to diseases, and most of them are privately funded. here, if they will rely on donations or whatever crowdsourcing activities, i don't think they can hit their targets here. why not just collaborate with those institutions that are really focusing on medical research?

[kevinwad]

exchange for EGAZ?

Yes EGAZ will be listed as well. Just before listing we are looking for a way to know the exact EGAZ supply. The block reward is 2 EGAZ but Ethereum technology has a system of uncle blocks that also have block rewards. For that reason there currently no way to know exact supply of EGAZ as there is no way to know supply of Ether and Ethereum classic. We are working on a script that would be able to calculate the exact EGAZ supply. Once this is known the community will collectively decide a tail emission EGAZ block reward that takes into account already issued supply and lower uncle rewards to almost 0 egaz per block. EGAZ will be listed as soon as all of these steps have been done

[kevinwad]

Im not sure what EGAZ is but Open AI project has voiced intent to hook up with you guys for the development of a new gen stable coin to back up asset value in their Trust fund. Things are spinning fast when u are in to decentralized finance. Money will be allocated for boosting this coin as their current means for monetization of their platform.

Sounds very good, they can contact us on Discord or the email from the website.
About EGAZ, it's the equivalent of ETHER on Ethereum. Since Etica has its own blockchain EGAZ is necessary to pay for transaction fees. Etica (ETI) is the currency of the protocol

[kevinwad]

The "coins" are mined separately. ETI is listed and tradeable, EGAZ isn't. It's only used to secure the blockchain and pay transaction fees.

As we will have energy costs and equipment depreciation, are we obliged to mine EGAZ too? Since it will not generate financial return, which is the goal of most miners.

Hi, there is no obligation or limitation about mining one is free to mine ETI, EGAZ or both. EGAZ should generate returns as well. Once the final tail emission rate has been fixed then EGAZ inflation will converge to 0. The higher the hashrate will get the more costs miners wil have and thus ask for higher EGAZ transaction fees. Right now it's still very begining and EGAZ transaction fees are not adjusted to actual miners cost yet

[kevinwad]

company reputation is the beginning of the key to success
Therefore, it is essential to manage your e-reputation and to understand what your community thinks of your work, product, or service.

Exorde can help you gather as much information as possible so that you can recognize how your community feels about your brand.

In addition, you will be able to modify your strategies to better respect what the community wants. This could result in the community feeling closer to your decisions and being more engaged and involved with the development of your product or service.

If you are already an established company, Exorde can be a quick and useful tool to quickly track your company’s reputation over the last 7 days, months, or more.

Feel free to join our active community on :
Discord : https://discord.gg/ExordeLabs
Twitter : https://twitter.com/ExordeLabs
Website : https://exorde.network/

Etica is not a company and there is no company behind it. It's a community driven project we are not interested in marketing.

as this is a community driven project, do you really think you can pursue your goals here successfully?

what i am curious here is that, will they really spend the funds when it comes for example in their etica's diseases, as they have their own addresses. i have the feeling that this won't last long.. most community driven project do not survive as the interest will slowly wane as time goes on.
there are so many institutions that are already doing their own research when it comes to diseases, and most of them are privately funded. here, if they will rely on donations or whatever crowdsourcing activities, i don't think they can hit their targets here. why not just collaborate with those institutions that are really focusing on medical research?

"there are so many institutions that are already doing their own research when it comes to diseases, and most of them are privately funded"
Being privately funded often implies the research is done for private interests like getting a patent to make the investment profitable. This prevents collaboration between teams who are doing the same experiments in their closed environments to protect intellectual property like it used to be for software industry few years ago. We've seen how open source has transformed software industry over past years, we hope open source research will open the doors for new type of research

"here, if they will rely on donations or whatever crowdsourcing activities, i don't think they can hit their targets here"
The system is not financed by donations, charity or crowdsourcing. The neutral protocol has a fixed inflation that finances the research

"why not just collaborate with those institutions that are really focusing on medical research"
We are not against institutions, maybe one day they will make research on Etica

[SimonSix7]

0xa ...GOT it

[kevinwad]

0xacac6623e2ebbd373a19dbc7435dff213c43a75d

Please do not send Etica addresses anymore. We don't send anything back

[r_victory]

I believe that not only NGO health associations, as mentioned in the whitepaper, can benefit from the project, but universities are also major research centers and will be able to use the ETI to raise funds through voting on their proposals.

[kevinwad]

I believe that not only NGO health associations, as mentioned in the whitepaper, can benefit from the project, but universities are also major research centers and will be able to use the ETI to raise funds through voting on their proposals.

That's a great point! Absolutely, we would truly appreciate to get universities involved as soon as possible. Any university interested in the project can get in touch on our Discord. It's competely open and there is no organisation behind so it will be up to them but we'll do our best to help

[Eddyc]

https://www.publish0x.com/crypto-bits/etica-protocol-connecting-medicinal-knowledge-and-possibilit-xrgxdoj


Sometimes we need the right incentives to change a situation and possibly the world...

[r_victory]

https://www.publish0x.com/crypto-bits/etica-protocol-connecting-medicinal-knowledge-and-possibilit-xrgxdoj

Sometimes we need the right incentives to change a situation and possibly the world...

Great initiative, I saw that you produce a lot of content related to cryptocurrencies, as a community project without a company involved it is important that more actions like this occur.

[Eddyc]

https://www.publish0x.com/crypto-bits/etica-protocol-connecting-medicinal-knowledge-and-possibilit-xrgxdoj

Sometimes we need the right incentives to change a situation and possibly the world...

Great initiative, I saw that you produce a lot of content related to cryptocurrencies, as a community project without a company involved it is important that more actions like this occur.

Thanks for the recognition. I've been doing this for a long time and I believe that each one has an original content and a different view of the crypto world. Overall it's possible for people to know crypto in a different way that goes beyond the conventional whitepaper ideas.

[kevinwad]

Hi,

Eticapool.com has closed port 8080 today at 15:00 UTC.

If you are mining on port 8081 there is nothing to do on your side.

If you were mining on port 8080 make sure to switch to port 8081.

From now 100% of rewards will go to port 8081 ( http://eticapool.com:8081 )

(for reminder this port closing was announced a week ago and is the result of demands on discord and the result of a poll on discord)

[seabiscuit40]

etica！gogogo！

[kevinwad]

New listing:
EGAZ will be listed on txbit on Wednesday 23rd november.
BTC pairs will be added as well as USDT.
From wednesday 23rd txbit will have ETI/BTC ETI/USDT EGAZ/BTC and EGAZ/USDT

[kevinwad]

Etica Protocol and Decentralised science explained in 5 minutes:

https://youtu.be/iswq70tmyzE