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Author Topic: Tau-Chain and Agoras Official Thread: Generalized P2P Network  (Read 237214 times)
cryptico
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May 16, 2016, 10:26:42 AM
 #941

Hello is there an official date for the ico sale end date?
If the coins sell out or the codes finished. Not close to either at the moment.

Tokens are already traded so the ones bought below the sale market price do not count ICO tokens so How do you calculate when to finish the ICO and eventually cut the supply? do you just need to wait for the code to be completed? so can this ICO go ahead for one or two years eventually?

It completely depends if they all get sold out or when the developers finish the project. The current timeline is set at one year but the sell wall increases 5% every month.

ok and when was the ICO started? what was the initial price asked before the increase?

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May 16, 2016, 10:43:14 AM
 #942

You can see this post from Ohad when the crowdfund originally started:

https://bitcointalk.org/index.php?topic=736447.msg10403838#msg10403838

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May 16, 2016, 10:48:51 AM
 #943

These are the main differences between Ethereum and Tau-Chain since everyone has been asking me about it:

1. The Language/Logic (Undecidable vs Decidable).
2. Context Separation (not able to run everything - you run only code you want to run).
3. Self-Defining (ability to change the Protocol without forking the network).

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May 16, 2016, 11:04:10 AM
 #944

You can see this post from Ohad when the crowdfund originally started:

https://bitcointalk.org/index.php?topic=736447.msg10403838#msg10403838


"The current sale terms are as follows: From now on, we sell 50% of coins for approx $2M: The current price is $100 for 3.5 million (3,500,000) Agora coins, and will go up in 2% every week. Total number of coins is 147,000,000,000."

3.5M sold for 100 dollars one year ago? 147B coins?

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May 16, 2016, 11:06:15 AM
 #945

You can see this post from Ohad when the crowdfund originally started:

https://bitcointalk.org/index.php?topic=736447.msg10403838#msg10403838


"The current sale terms are as follows: From now on, we sell 50% of coins for approx $2M: The current price is $100 for 3.5 million (3,500,000) Agora coins, and will go up in 2% every week. Total number of coins is 147,000,000,000."

3.5M sold for 100 dollars one year ago? 147B coins

There is only 42,000,000 coins after the split to Omni the supply was reduced, all those buyers were also marginally reduced in relation to 42 million coins.

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May 16, 2016, 12:16:47 PM
 #946

You can see this post from Ohad when the crowdfund originally started:

https://bitcointalk.org/index.php?topic=736447.msg10403838#msg10403838


"The current sale terms are as follows: From now on, we sell 50% of coins for approx $2M: The current price is $100 for 3.5 million (3,500,000) Agora coins, and will go up in 2% every week. Total number of coins is 147,000,000,000."

3.5M sold for 100 dollars one year ago? 147B coins

There is only 42,000,000 coins after the split to Omni the supply was reduced, all those buyers were also marginally reduced in relation to 42 million coins.

thx 3.5m would be 0.0002% of 147B does it mean that that person got 0.0002% of the new 42M tokens? that would be 1c per token if he bought those 3.5M for 100 dollars

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May 16, 2016, 12:45:04 PM
 #947

You can see this post from Ohad when the crowdfund originally started:

https://bitcointalk.org/index.php?topic=736447.msg10403838#msg10403838


"The current sale terms are as follows: From now on, we sell 50% of coins for approx $2M: The current price is $100 for 3.5 million (3,500,000) Agora coins, and will go up in 2% every week. Total number of coins is 147,000,000,000."

3.5M sold for 100 dollars one year ago? 147B coins

There is only 42,000,000 coins after the split to Omni the supply was reduced, all those buyers were also marginally reduced in relation to 42 million coins.

thx 3.5m would be 0.0002% of 147B does it mean that that person got 0.0002% of the new 42M tokens? that would be 1c per token if he bought those 3.5M for 100 dollars


No, 147,000,000,000 is divided down into 42,000,000 = 3500.

147,000,000,000 divided by 42,000,000 = 3500.

3,500,000 divided by 3500 = 1000.


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May 16, 2016, 02:06:49 PM
 #948

thank you that makes sense, what is the tot amount sold till now? how can I check?

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May 16, 2016, 02:33:13 PM
 #949

thank you that makes sense, what is the tot amount sold till now? how can I check?

You will need Ohad to tell you that, I'm not sure.

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May 16, 2016, 06:03:46 PM
 #950

thank you that makes sense, what is the tot amount sold till now? how can I check?

Just check the public BTC address to see how much.

http://v.cash/
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May 17, 2016, 02:05:29 AM
 #951

thank you that makes sense, what is the tot amount sold till now? how can I check?

Just check the public BTC address to see how much.

No. Somebody paid USD or EUR to buy Tau token, so the public BTC address could not show the accurate number.
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May 17, 2016, 10:04:16 AM
 #952

thank you that makes sense, what is the tot amount sold till now? how can I check?

Just check the public BTC address to see how much.

No. Somebody paid USD or EUR to buy Tau token, so the public BTC address could not show the accurate number.

I'm pretty sure it was paid in BTC, afterall this is the BTC community in the first place.

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May 17, 2016, 11:29:29 AM
 #953

thank you that makes sense, what is the tot amount sold till now? how can I check?

Just check the public BTC address to see how much.

No. Somebody paid USD or EUR to buy Tau token, so the public BTC address could not show the accurate number.

I'm pretty sure it was paid in BTC, afterall this is the BTC community in the first place.

https://bitcoinchain.com/block_explorer/address/1BzwxgzrdiW5Gdc3kfoUgxeHAhRjnMmrVs

If I divide 480 per 0.0002 as avg price it gives 2.4M tot coins sold but

1 this does not account fiat

2 Im not sure 0.0002 is the avg price for the sale

Also of those 480 btcs there are just 27 left? all the rest went into paying development already?

Why such complicated way to deal with this ICO ? why there is not a set date for the end of sale of tokens?

Why did you allow trading of tokens during the ICO? by doing that people can buy tokens and dev not get funds for development.

thx.

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May 17, 2016, 11:23:53 PM
 #954

thank you that makes sense, what is the tot amount sold till now? how can I check?

Just check the public BTC address to see how much.

No. Somebody paid USD or EUR to buy Tau token, so the public BTC address could not show the accurate number.

I'm pretty sure it was paid in BTC, afterall this is the BTC community in the first place.

https://bitcoinchain.com/block_explorer/address/1BzwxgzrdiW5Gdc3kfoUgxeHAhRjnMmrVs

If I divide 480 per 0.0002 as avg price it gives 2.4M tot coins sold but

1 this does not account fiat

2 Im not sure 0.0002 is the avg price for the sale

Also of those 480 btcs there are just 27 left? all the rest went into paying development already?

Why such complicated way to deal with this ICO ? why there is not a set date for the end of sale of tokens?

Why did you allow trading of tokens during the ICO? by doing that people can buy tokens and dev not get funds for development.

thx.

yes, there were more buys that are not part of those 480 btcs, no more than half the amount. note that it's all amounts over more than a year and with different btc and tokens rate.
not all were spended, most were not, as this presale funds should serve for the long term and there's only one sale. we just convert the btc to fiat in order not to expose the project's funds to btc's volatility.
the lowest price ever (people bought zennet's time) is 7.5 cents per token, without taking into account what happens in the exchange.
the funding of the project is not complicated and strange - in fact, startups don't do "two months funding" or so. we build a very serious foundation here. more like the standards of software startups and less like the standards of the cryptocurrency world.
trades are allowed in order to give buyers some liquidity.

Tau-Chain & Agoras
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May 18, 2016, 05:29:20 PM
 #955

What do you guys think of http://www.tezos.com?

Is it comparable to Tau-Chain and Agoras? Once released, will Tau-Chain and Tezos compete, complement each other or neither?

Thanks. Keep up the good work. I really appreciate and admire the work you all do.
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May 18, 2016, 06:17:02 PM
 #956

Very interesting. Just finish reading the white paper.
Thanks for sharing  Smiley





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May 19, 2016, 12:10:51 AM
 #957

When this is ready will I be able to install and run an operating system on it?

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ohad
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May 19, 2016, 12:19:26 AM
 #958

When this is ready will I be able to install and run an operating system on it?

good q. we want to reach there too. thats a good example why it must be of high quality, well tested, minimalistic, and as fast as possible

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May 19, 2016, 12:33:49 AM
 #959

When this is ready will I be able to install and run an operating system on it?

good q. we want to reach there too. thats a good example why it must be of high quality, well tested, minimalistic, and as fast as possible

This is a goal I can get behind! Now the question is will the project be able to use cpu extensions when it can conceivable be comprised of cpu's that will not have those extensions built in? Will those extensions be virtualized and if so will a licensing fee need to be paid for that capability? I'm aware of a russian os that runs on a cpu without extensions that does virtualize x86 instructions but I am not sure of the legalities involved.

I'm not sure of what you mean by the vague term "high quality".

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ohad
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May 19, 2016, 12:36:43 AM
 #960

When this is ready will I be able to install and run an operating system on it?

good q. we want to reach there too. thats a good example why it must be of high quality, well tested, minimalistic, and as fast as possible

This is a goal I can get behind! Now the question is will the project be able to use cpu extensions when it can conceivable be comprised of cpu's that will not have those extensions built in? Will those extensions be virtualized and if so will a licensing fee need to be paid for that capability? I'm aware of a russian os that runs on a cpu without extensions that does virtualize x86 instructions but I am not sure of the legalities involved.

that's part of being minimalistic: hopefully we'll use a very restricted instruction set. we also plan to be somehow multiarch on release. recall we build a jit compiler, a real one, i.e. a one that in real time emits machine code.

Quote
I'm not sure of what you mean by the vague term "high quality".

it has to be competitive to the state of the art of programming languages.

Tau-Chain & Agoras
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