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Topic: [ANN] APTUM - EVERYBODY’S CRYPTO | White Paper released - page 4. (Read 2088 times)

newbie
Activity: 6
Merit: 0
Sorry, asked this in the wrong thread (bullion thread). Will this coin be a cryptonote? New coin? Or?

Unfortunately it will not be a cryptonote, no. Aptum is a completely new cryptocurrency written from scratch.

Is it anonymous?
newbie
Activity: 53
Merit: 0
I voted. But whatever majority vote for, is a good indication what people want.

Could you explain a little bit more what these mean? Or be specific as to what the large, medium, and small mean in terms of actual numbers and digits. Like, is it 1B, 1M, and 10M or 100M ...

Currently the base reward per block is being debated. It may be 1'000'000 coins (large), 1'000 coins (medium) or 1 coin (small) as a block reward.
With a target for the block time of about 15 seconds, we will have the following three emissions as possibilities:
When using the large supply, 2.19 trillion coins would be emitted every year.
When using the medium supply, 2.19 billion coins would be emitted every year.
When using the small supply, 2.19 million coins would be emitted every year.
Since the number of atomic units will stay the same, the question only is how many decimals to use. None for a large supply, 3 for a medium supply and 6 for a low supply.



Sorry, asked this in the wrong thread (bullion thread). Will this coin be a cryptonote? New coin? Or?

Unfortunately it will not be a cryptonote, no. Aptum is a completely new cryptocurrency written from scratch.
newbie
Activity: 6
Merit: 0
Sorry, asked this in the wrong thread (bullion thread). Will this coin be a cryptonote? New coin? Or?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
I voted. But whatever majority vote for, is a good indication what people want.

Could you explain a little bit more what these mean? Or be specific as to what the large, medium, and small mean in terms of actual numbers and digits. Like, is it 1B, 1M, and 10M or 100M ...
legendary
Activity: 1696
Merit: 1008
Announcement posted to Bullion steemit page:

https://steemit.com/cryptocurrency/@cbx/bullion-mono-collaboration-ann

https://steemit.com/cryptocurrency/@cbx/aptum-ann-from-bitcointalk



I have added a poll to the top of this thread. Please vote and give us feedback.

We need to have a large supply to be used as a currency.
We can either have a very large supply and say that 1M is the casual unit.
We could also say that we have a much smaller supply and use six decimals.
The last option would be a medium supply (not much smaller) with three decimals.
hero member
Activity: 750
Merit: 503
18.4 billion supply of mono?

1:1 exchange for CBX?

What's the supply of Aptum?

Since MONO is still in the ICO phase, that is not the case.
8.2 million MMONO have been premined and are being sold in an ICO, 1.2% are given to an anonymous solidity developer and MONO worth of 50USD have been sold.
By looking at the USD price, we can assure everyone having a fair exchange rate - so it doesn't matter what community come from.

The supply of Aptum is currently being discussed, but it will be fundamentally larger than the supply of bullion.
This is done to create a currency instead of an asset.
An anonymous user called "L" had a great explanation of it in the bullion telegram channel, which can be joined here: https://t.me/joinchat/FkBLVEimXQscVn1cetdd4g

Thanks. I read the explanation by 'L' and it makes sense.

I will be following developments. Good luck!
newbie
Activity: 53
Merit: 0
18.4 billion supply of mono?

1:1 exchange for CBX?

What's the supply of Aptum?

Since MONO is still in the ICO phase, that is not the case.
8.2 million MMONO have been premined and are being sold in an ICO, 1.2% are given to an anonymous solidity developer and MONO worth of 50USD have been sold.
By looking at the USD price, we can assure everyone having a fair exchange rate - so it doesn't matter what community come from.

The supply of Aptum is currently being discussed, but it will be fundamentally larger than the supply of bullion.
This is done to create a currency instead of an asset.
Using the handle "L" I explained that in the bullion telegram channel, which can be joined here: https://t.me/joinchat/FkBLVEimXQscVn1cetdd4g
hero member
Activity: 750
Merit: 503
There's going to be a proper ratio for both CBX and MONO, probably according to both market caps right now, fixed to a nice round number for simplicity. They'll clarify soon enough, not to worry.

From what I've been told, Aptum is likely to follow the CBX supply or close to it, which is around 1 million? Let's wait for an official announcement.

Ok thanks Dabs. Will wait for more clarity from the dev team
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
There's going to be a proper ratio for both CBX and MONO, probably according to both market caps right now, fixed to a nice round number for simplicity. They'll clarify soon enough, not to worry.

From what I've been told, Aptum is likely to follow the CBX supply or close to it, which is around 1 million? Let's wait for an official announcement.
hero member
Activity: 750
Merit: 503
18.4 billion supply of mono?

1:1 exchange for CBX?

What's the supply of Aptum?
newbie
Activity: 53
Merit: 0
The concept sound interesting and since the technical paper is still not available, I will sit on the sideline and wait for more details, ICO also coming by  September which sound reasonable to me, give people enough time to decide on the project and review the work done by the team behind the project especially the amount the team is looking to raise (Hard cap)

Fortunately a technical paper outlining the core differences compared to the blockchain technology is available online and can be found here: https://github.com/mono-project/papers/blob/master/whitepaper.md
It is currently being rewritten to be humanly readable, therefore I would advise waiting for the revised version. Yet you could take a look and read through it to see what the project is trying to achieve and how it does it - before everyone else knows about it.

hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
The concept sound interesting and since the technical paper is still not available, I will sit on the sideline and wait for more details, ICO also coming by  September which sound reasonable to me, give people enough time to decide on the project and review the work done by the team behind the project especially the amount the team is looking to raise (Hard cap)
newbie
Activity: 53
Merit: 0
Ann in June, but, Ann will be edited on this place?
I will reserved.

That is correct, the announcement currently covers nothing but a roadmap for the first two years.
We are currently rewriting the list of innovations to be humanly readable.
Our plans are established internally but have to be reviewed and audited right now, to ensure that our partners agree with it. Additionally we are calculating everything once again so that we don't overshoot our budget nor undershoot our targets.
As you've already noticed, all this information will be made public during this month. Stay tuned!
copper member
Activity: 403
Merit: 8
Ann in June, but, Ann will be edited on this place?
I will reserved.
newbie
Activity: 53
Merit: 0
website??

I'm afraid I have to tell you that aptum is a new project merging two currencies. Since this thread is only announcing the partnership, the website is still a work-in-progress. Our web developers are working very hard on it. So please excuse the inconvenience and stand by for one to two months, so that we can give you the best experience.
full member
Activity: 137
Merit: 100
legendary
Activity: 1696
Merit: 1008
newbie
Activity: 14
Merit: 0
Where can I see about MONO? I can not find. Link please?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Hi, I think I'm in here somewhere. If not, I'm posting just to follow. Smiley Approved too!
legendary
Activity: 1696
Merit: 1008
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