[ANN] Denarius [D] - First "Tribus" PoW/PoS Hybrid Masternodes, Ring Sigs - page 33.

Quote from: kingcarsen on May 06, 2018, 12:44:42 PM

It would be more fair from their side to charge some kind of percentage and not fixed amount because to cover 15k USD Monthly expenses you should have some big volumes spinning. Roll Eyes

Yea it really gets under my skin, CoinPayments.net isn't the only company doing this now a days. A lot of these crypto related businesses are exploiting real developers in the space. ICOs raise funds now in the millions, then they go pay these companies to add their token, or scam coin, just because they have the money to pay them off, from their scam. I know for a fact it does not cost them $15,000 a month to add a coin daemon and attach it to their JSON RPC calls, you would basically be looking at strictly server cost if they are "hosting" the coin daemon, which should really be more like $10-50 a month at absolute max, these companies also then make money off fees, especially exchanges, so there is no reason to be charging developers, besides the sole factor of greed/exploitation.

Yes I hate it as well, the biggest at exploiting developers are exchanges where they want outrageous fees for listing a coin. This is why so many great coins don't get on some of the biggest exchanges because of these fees. They make so much already from trading fees so I never understand why they need to be greedy and charge so much for a listing fee. Okay maybe it shouldn't be free for a listing but when its over 1 BTC and some at multiple Bitcoins, it becomes a joke. I think a flat fee of say $100 USD is enough or 0.01 BTC. This is where a new legit exchange can make a killing charging a low listing fee.

This is a big reason I won't use certain exchanges during this crypto cycle. New coins that can afford huge listing fees upfront (45BTC+) are either backed by legendary BTC hodlers, or the ICO money. Most of the time, the ICO money is not the way. DNR is doing this odl school, and where is that heart emoji.

Boriss

full member

Activity: 728

Merit: 115

They will do this kind of stuff till the last moment they can , and that will be for a long long time because every days there are new coins emerging and many of them have huge financial backing that can afford this kind of stuff.

They are using this logic: "Why lower the prices when there are waiting customers in line for this current price?"

vella85

hero member

Activity: 1862

Merit: 590

Quote from: kingcarsen on May 06, 2018, 12:44:42 PM

It would be more fair from their side to charge some kind of percentage and not fixed amount because to cover 15k USD Monthly expenses you should have some big volumes spinning. Roll Eyes

Yea it really gets under my skin, CoinPayments.net isn't the only company doing this now a days. A lot of these crypto related businesses are exploiting real developers in the space. ICOs raise funds now in the millions, then they go pay these companies to add their token, or scam coin, just because they have the money to pay them off, from their scam. I know for a fact it does not cost them $15,000 a month to add a coin daemon and attach it to their JSON RPC calls, you would basically be looking at strictly server cost if they are "hosting" the coin daemon, which should really be more like $10-50 a month at absolute max, these companies also then make money off fees, especially exchanges, so there is no reason to be charging developers, besides the sole factor of greed/exploitation.

Yes I hate it as well, the biggest at exploiting developers are exchanges where they want outrageous fees for listing a coin. This is why so many great coins don't get on some of the biggest exchanges because of these fees. They make so much already from trading fees so I never understand why they need to be greedy and charge so much for a listing fee. Okay maybe it shouldn't be free for a listing but when its over 1 BTC and some at multiple Bitcoins, it becomes a joke. I think a flat fee of say $100 USD is enough or 0.01 BTC. This is where a new legit exchange can make a killing charging a low listing fee.

Boriss

full member

Activity: 728

Merit: 115

It would be more fair from their side to charge some kind of percentage and not fixed amount because to cover 15k USD Monthly expenses you should have some big volumes spinning. Roll Eyes

Yea it really gets under my skin, CoinPayments.net isn't the only company doing this now a days. A lot of these crypto related businesses are exploiting real developers in the space. ICOs raise funds now in the millions, then they go pay these companies to add their token, or scam coin, just because they have the money to pay them off, from their scam. I know for a fact it does not cost them $15,000 a month to add a coin daemon and attach it to their JSON RPC calls, you would basically be looking at strictly server cost if they are "hosting" the coin daemon, which should really be more like $10-50 a month at absolute max, these companies also then make money off fees, especially exchanges, so there is no reason to be charging developers, besides the sole factor of greed/exploitation.

I agree, problem is that scammers usually manage to collect big sum of money more easily than real business and other smaller projects that are not in a front row seats under the lights 24/7.

kingcarsen

sr. member

Activity: 1148

Merit: 417

Quote from: kingcarsen on May 02, 2018, 07:19:44 PM

It would be more fair from their side to charge some kind of percentage and not fixed amount because to cover 15k USD Monthly expenses you should have some big volumes spinning. Roll Eyes

Yea it really gets under my skin, CoinPayments.net isn't the only company doing this now a days. A lot of these crypto related businesses are exploiting real developers in the space. ICOs raise funds now in the millions, then they go pay these companies to add their token, or scam coin, just because they have the money to pay them off, from their scam. I know for a fact it does not cost them $15,000 a month to add a coin daemon and attach it to their JSON RPC calls, you would basically be looking at strictly server cost if they are "hosting" the coin daemon, which should really be more like $10-50 a month at absolute max, these companies also then make money off fees, especially exchanges, so there is no reason to be charging developers, besides the sole factor of greed/exploitation.

Boriss

full member

Activity: 728

Merit: 115

It would be more fair from their side to charge some kind of percentage and not fixed amount because to cover 15k USD Monthly expenses you should have some big volumes spinning. Roll Eyes

vella85

hero member

Activity: 1862

Merit: 590

Quote from: vella85 on May 02, 2018, 06:55:14 PM

Quote from: Elder III on May 02, 2018, 06:46:25 PM

Quote from: HardBlockMiner on May 01, 2018, 06:21:38 PM

Quote from: Boriss on May 04, 2018, 02:02:15 AM

In theory it works and perhaps performs a similar function of any coin. But this project is perhaps interesting in its own way. I think it is worth exploring in more detail.

It works and performs similar functions of several coins lumped all into one. I may have missed it, but I haven't seen any single coin that has everything DNR has rolled into one package with new stuff added all the time!

There are other coins that do things that Denarius does, but I haven't yet found one that does everything that Denarius does. Not only the wallet and blockchain functionality, but all of the additional tools we have provide for integration into many services. And we'll be continuing that increasing support with the upcoming Ledger, KeepKey, Trezor and CryptoCoinJS support plus the various eCommerce plugins which are in development as well e.g. CryptoWoo which will enable any WooCommerce-based shop (of which there are millions) to accept DNR directly or even have it auto-sold at current market rate to pay for the equivalent USD items.

All in all, I'd say the coin's well placed in the market, it's features stand out from the rest except in the fancy marketing department - but it's our philosophy that code and functionality comes first. We're a firm believer in word-of-mouth advertising and in the long run I think the project will be better for it, as we end up with believers using the coin instead of profit-chasers chasing a swing trade to get more BTC.

DNR is well positioned for the long haul. Having all of the necessary parameters in place or being worked on is vital for the long term success of any coin that wished to be adopted for daily monetary transactions.

I agree with what has been said by both of you and that is the reason why I'm in DNR for the long term and have been accumulating more DNR since I got in back in July last year. I can't believe we are coming up to the 1 year anniversary for DNR, time goes by so fast in crypto as it feels like DNR just launched not long ago. Like I have always been saying its only a matter of time before we see DNR in the top 100 coins where it truly belongs. DNR has more features and a lot more going for it then most of the coins in the top 100, so its just a matter of time now.

Has anyone tried to get DNR on CoinPayments? I read in another thread that the fee is a lot less now so it could be a good time to get DNR on there.

They want $15,000 USD a month, total rip off in my opinion. We are just coding our own merchant plugins for DNR, we already have WP-Ecommerce available and I am working on a CryptoWoo Denarius payment plugin and WooCommerce payment plugin for Denarius.

Oh wow $15k per month, that's way too much. I understand why you are coding DNR's own merchant plugins. Yes I saw that WP-Ecommerce is available and that is why I mentioned CoinPayments but if that is the price then forget it. I look forward to seeing this plugins in the near future and hopefully soon we'll see DNR on Ledger.

kingcarsen

sr. member

Activity: 1148

Merit: 417

RT this tweet for a chance to win a copy of the Denarius Concise History book!

https://twitter.com/carsenjk/status/992586621089341440

kingcarsen

sr. member

Activity: 1148

Merit: 417

Any news or date from Trezor or Ledger about implementation of DNR in their new updates anytime soon? Cool

Nothing yet, Still awaiting Ledger (btchip and Fred the VP of Engineering at Ledger) to finalize reviewing our pull request: https://github.com/LedgerHQ/blue-app-btc/pull/28

As far as Trezor, we are in their official SLIPs and trezor-common library now, still awaiting an update from slush or stick on when we will be in the default firmware.

https://github.com/trezor/trezor-common/blob/master/defs/coins/denarius.json

Boriss

full member

Activity: 728

Merit: 115

Any news or date from Trezor or Ledger about implementation of DNR in their new updates anytime soon? Cool

giangtran205

newbie

Activity: 40

Merit: 0

I'm looking at setting up some other region pools for hashbag.cc, so I'll add SEA to the list and I'll make a post in here if it eventuates.
At a glance, Singapore looks like a reasonable place for cryptocurrency operations and is reasonably central to the SEA region.
Sydney is another place that we could potentially host a pool, but I need to check that I'm not going to be stepping on any toes regarding the creation of cryptocurrency in the locations I'm looking at.

kingcarsen

sr. member

Activity: 1148

Merit: 417

Quote from: vella85 on May 02, 2018, 06:55:14 PM

Quote from: Elder III on May 02, 2018, 06:46:25 PM

Quote from: HardBlockMiner on May 01, 2018, 06:21:38 PM

Quote from: Elder III on May 02, 2018, 06:46:25 PM

In theory it works and perhaps performs a similar function of any coin. But this project is perhaps interesting in its own way. I think it is worth exploring in more detail.

It works and performs similar functions of several coins lumped all into one. I may have missed it, but I haven't seen any single coin that has everything DNR has rolled into one package with new stuff added all the time!

There are other coins that do things that Denarius does, but I haven't yet found one that does everything that Denarius does. Not only the wallet and blockchain functionality, but all of the additional tools we have provide for integration into many services. And we'll be continuing that increasing support with the upcoming Ledger, KeepKey, Trezor and CryptoCoinJS support plus the various eCommerce plugins which are in development as well e.g. CryptoWoo which will enable any WooCommerce-based shop (of which there are millions) to accept DNR directly or even have it auto-sold at current market rate to pay for the equivalent USD items.

All in all, I'd say the coin's well placed in the market, it's features stand out from the rest except in the fancy marketing department - but it's our philosophy that code and functionality comes first. We're a firm believer in word-of-mouth advertising and in the long run I think the project will be better for it, as we end up with believers using the coin instead of profit-chasers chasing a swing trade to get more BTC.

DNR is well positioned for the long haul. Having all of the necessary parameters in place or being worked on is vital for the long term success of any coin that wished to be adopted for daily monetary transactions.

I agree with what has been said by both of you and that is the reason why I'm in DNR for the long term and have been accumulating more DNR since I got in back in July last year. I can't believe we are coming up to the 1 year anniversary for DNR, time goes by so fast in crypto as it feels like DNR just launched not long ago. Like I have always been saying its only a matter of time before we see DNR in the top 100 coins where it truly belongs. DNR has more features and a lot more going for it then most of the coins in the top 100, so its just a matter of time now.

Has anyone tried to get DNR on CoinPayments? I read in another thread that the fee is a lot less now so it could be a good time to get DNR on there.

They want $15,000 USD a month, total rip off in my opinion. We are just coding our own merchant plugins for DNR, we already have WP-Ecommerce available and I am working on a CryptoWoo Denarius payment plugin and WooCommerce payment plugin for Denarius.

vella85

hero member

Activity: 1862

Merit: 590

Quote from: HardBlockMiner on May 01, 2018, 06:21:38 PM

In theory it works and perhaps performs a similar function of any coin. But this project is perhaps interesting in its own way. I think it is worth exploring in more detail.

It works and performs similar functions of several coins lumped all into one. I may have missed it, but I haven't seen any single coin that has everything DNR has rolled into one package with new stuff added all the time!

There are other coins that do things that Denarius does, but I haven't yet found one that does everything that Denarius does. Not only the wallet and blockchain functionality, but all of the additional tools we have provide for integration into many services. And we'll be continuing that increasing support with the upcoming Ledger, KeepKey, Trezor and CryptoCoinJS support plus the various eCommerce plugins which are in development as well e.g. CryptoWoo which will enable any WooCommerce-based shop (of which there are millions) to accept DNR directly or even have it auto-sold at current market rate to pay for the equivalent USD items.

All in all, I'd say the coin's well placed in the market, it's features stand out from the rest except in the fancy marketing department - but it's our philosophy that code and functionality comes first. We're a firm believer in word-of-mouth advertising and in the long run I think the project will be better for it, as we end up with believers using the coin instead of profit-chasers chasing a swing trade to get more BTC.

DNR is well positioned for the long haul. Having all of the necessary parameters in place or being worked on is vital for the long term success of any coin that wished to be adopted for daily monetary transactions.

I agree with what has been said by both of you and that is the reason why I'm in DNR for the long term and have been accumulating more DNR since I got in back in July last year. I can't believe we are coming up to the 1 year anniversary for DNR, time goes by so fast in crypto as it feels like DNR just launched not long ago. Like I have always been saying its only a matter of time before we see DNR in the top 100 coins where it truly belongs. DNR has more features and a lot more going for it then most of the coins in the top 100, so its just a matter of time now.

Has anyone tried to get DNR on CoinPayments? I read in another thread that the fee is a lot less now so it could be a good time to get DNR on there.

Elder III

sr. member

Activity: 1246

Merit: 274

Quote from: HardBlockMiner on May 01, 2018, 06:21:38 PM

Quote from: HardBlockMiner on May 01, 2018, 06:21:38 PM

In theory it works and perhaps performs a similar function of any coin. But this project is perhaps interesting in its own way. I think it is worth exploring in more detail.

It works and performs similar functions of several coins lumped all into one. I may have missed it, but I haven't seen any single coin that has everything DNR has rolled into one package with new stuff added all the time!

There are other coins that do things that Denarius does, but I haven't yet found one that does everything that Denarius does. Not only the wallet and blockchain functionality, but all of the additional tools we have provide for integration into many services. And we'll be continuing that increasing support with the upcoming Ledger, KeepKey, Trezor and CryptoCoinJS support plus the various eCommerce plugins which are in development as well e.g. CryptoWoo which will enable any WooCommerce-based shop (of which there are millions) to accept DNR directly or even have it auto-sold at current market rate to pay for the equivalent USD items.

All in all, I'd say the coin's well placed in the market, it's features stand out from the rest except in the fancy marketing department - but it's our philosophy that code and functionality comes first. We're a firm believer in word-of-mouth advertising and in the long run I think the project will be better for it, as we end up with believers using the coin instead of profit-chasers chasing a swing trade to get more BTC.

DNR is well positioned for the long haul. Having all of the necessary parameters in place or being worked on is vital for the long term success of any coin that wished to be adopted for daily monetary transactions.

8Pack

newbie

Activity: 12

Merit: 0

Totally Agree with Enkayz on this one. DNR very rich in features and real world applications.

enkayz

full member

Activity: 298

Merit: 100

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