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Topic: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* - page 310. (Read 418460 times)

hero member
Activity: 773
Merit: 500
Heatledger.com
Where can I buy in ETH?... On C-CEX there aren't sell orders https://c-cex.com/?lpm=eth&p=heat-eth ?
Fixed C-CEX HEAT Sell orders for ETH.

hero member
Activity: 773
Merit: 500
Heatledger.com
Not sure why, but also some of my questions that are technical never were answered
That's because earlier you claimed NONE of your previous questions were answered, and that's grossly incorrect and provocational statement. It makes you look like a troll, better ignored because it implicates you'll accept no answer as valid. Commenting this now risks escalating your inclinations for non-constructive further argument, but maybe we can keep it down to earth.

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1. Why did you chose PoS? Why do you believe it's a good solution for a project like this one?
It fits our technology well. Not so perfectly as an economic system, but technically as the consensus solution it's very robust. Also all the work on open source FIMK and NXT, which we know thoroughly, is there to be reused and leveraged. It's very hard and demanding to come up with well working consensus and p2p code from scratch. Those resources are better spent elsewhere and use the wheel that's already invented.

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2. Don't you believe that PoS leads into centralization over time and a weak system?
Some centralization is to be expected with time, as we know through long experience with FIMK. But no that's not our concern on business platform like HEAT. Because HEAT isn't primarily a currency, and it has very little to do with attempts of solving any distribution problems. HEAT's focus is on the tokens enabling the technology. Here it doesn't matter whether even a single entity would hold most of the tokens.

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3. Why a pretty high inflation for the first four years and a hard cut down after the fourth year?
It's part of the token distribution, which is an incentive for initial adoption and p2p network nodes through the relatively high block rewards. Your inflation figures were off BTW. It's more like this:

Year 1: 40%
Year 2: 21%
Year 3: 15%
Year 4: 8%
Year 5: 2.5%
Then getting lower each year.

So what you could do is regard the token supply of 50M HEAT as the base amount. It's just divided over 4 years. The token supply inflation after that is very low. And we're still considering the options to even be able to burn some through one of the multiple involved fee processes.

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4. How do you plan to implement Fiat into a multisig-wallet?
Fiat will just be one base pricing asset (token), similar to a token that anyone can create on the HEAT blockchain. Those tokens will have multi-sig capability. When a licensed money transmitter operator (our JV partner, or someone else) comes to create their multi-sig tokens that represent their fiat currency operating under goverment authorized license, there we have it. Nothing difficult technically, more difficult bureaucratically. And we have exactly that more difficult side going forward well.
legendary
Activity: 1246
Merit: 1011
Ok... I'm buying some HEAT  Wink

Still available at a relative .00011440 BTC at current ETH price (ETH stage 1 @ .0065 still open)

Thanks... but...

Where can I buy in ETH?... On C-CEX there aren't sell orders https://c-cex.com/?lpm=eth&p=heat-eth ?

Buy ETH on polo or trex, then send to ICO ETH address (read more about it at http://heatledger.com/ico.htm)

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ETH:   0x4ea79a8ff56d39f5cb045642d6ce9cb0653e5e47
NOTE! Use your email address in the ETH Add data field.

Ok.. I'm sorry... I read http://heatledger.com/ico.htm after I've written my post  Grin
legendary
Activity: 1246
Merit: 1000
Ok... I'm buying some HEAT  Wink

Still available at a relative .00011440 BTC at current ETH price (ETH stage 1 @ .0065 still open)

Thanks... but...

Where can I buy in ETH?... On C-CEX there aren't sell orders https://c-cex.com/?lpm=eth&p=heat-eth ?

Buy ETH on polo or trex, then send to ICO ETH address (read more about it at http://heatledger.com/ico.htm)

Quote
ETH:   0x4ea79a8ff56d39f5cb045642d6ce9cb0653e5e47
NOTE! Use your email address in the ETH Add data field.
legendary
Activity: 1246
Merit: 1011
Ok... I'm buying some HEAT  Wink

Still available at a relative .00011440 BTC at current ETH price (ETH stage 1 @ .0065 still open)

Thanks... but...

Where can I buy in ETH?... On C-CEX there aren't sell orders https://c-cex.com/?lpm=eth&p=heat-eth ?
legendary
Activity: 1960
Merit: 1128
Promising project, with very interesting concepts.

They sure are aren't they.

In case you or anyone else has any question(s) regarding our technology I'm more than happy to answer/discuss those.
After all that's what this thread is also for of course.

Not sure why ... But there seem to be very little technology related questions.  Undecided


Not sure why, but also some of my questions that are technical never were answered - besides my questions about regulatory issues regarding Fiat-implementation and my questions about the economical design. Just for example:

1. Why did you chose PoS? Why do you believe it's a good solution for a project like this one?
2. Don't you believe that PoS leads into centralization over time and a weak system?
3. Why a pretty high inflation for the first four years and a hard cut down after the fourth year?
4. How do you plan to implement Fiat into a multisig-wallet?

And just by the way: It's kind of funny to show disappointment because of a lack of tech-questions while you guys not even prepared much infos about it, like a whitepaper. You both write a lot more about your plans to make one investment round after the other and you pay much more attention to explain how to send money into the ICO than in technical stuff.
legendary
Activity: 1246
Merit: 1000
Ok... I'm buying some HEAT  Wink

Still available at a relative .00011440 BTC at current ETH price (ETH stage 1 @ .0065 still open)
sr. member
Activity: 421
Merit: 250
HEAT Ledger
Promising project, with very interesting concepts.

They sure are aren't they.

In case you or anyone else has any question(s) regarding our technology I'm more than happy to answer/discuss those.
After all that's what this thread is also for of course.

Not sure why ... But there seem to be very little technology related questions.  Undecided
legendary
Activity: 1246
Merit: 1011
Ok... I'm buying some HEAT  Wink
hero member
Activity: 577
Merit: 500
Bitcore BTX
ccex stage 1  almost sold out..hurry to get the last of the low sell Smiley

10k sat gone, now buying @ 13k Sat (96BTC left)
member
Activity: 94
Merit: 10
Smart money would buy through ETH or FIMK right now.

Just ran the numbers based on current exchange rates and ICO price levels:

         HEAT price level       Exchange / BTC      1 BTC worth      HEAT
BTC               0.00013                    1                1      7692.3077
FIMK                   50           0.00000122      819672.1311     16393.4426
NXT                     4           0.00004412       22665.4578      5666.3645
ETH                0.0065             0.016874          59.2628      9117.3494


Be smart.
hero member
Activity: 661
Merit: 500
Its HEATING up ladys and gents.

Promising project, with very interesting concepts. Finally got through most of the tech info last night and snagged up some at P-lvl 1.

Good luck team!

Also, if you need Russian Translation of Ann still. PM me.
member
Activity: 94
Merit: 10
Smart money would buy through ETH or FIMK right now.
hero member
Activity: 773
Merit: 500
Heatledger.com
BTC: 317.985

ETH: 308.908

FIMK: 212,204,689

NXT: 4,968,248

Some bits still left for a moment on Stage 1 for BTC and a lot for ETH.
hero member
Activity: 598
Merit: 500
hero member
Activity: 638
Merit: 500
Missed price level 1, now i'll wait til i can buy int from investors.
sr. member
Activity: 421
Merit: 250
HEAT Ledger
hero member
Activity: 1022
Merit: 500
hero member
Activity: 773
Merit: 500
Heatledger.com
why is the btc count going down ?
Probably some mismatch with real-time data from C-CEX and Alcurex.

Total is now at 315.8 BTC.

Imminently pulling any remaining C-CEX and Alcurex orders at 0.0001 to coordinate smooth accounting of the transition to Price level 2, after which we (Heat Ledger Ltd) can't have any level 1 sell orders available anywhere.

The totals display will be down for a while.
hero member
Activity: 728
Merit: 500
http://heatledger.com/ico/

Current total value of reserved ICO: 922.918 BTC

BTC: 248.534 (stage 2 at 320 BTC)

ETH: 308.908 (stage 2 at 8,125 ETH)

FIMK: 212,004,689 (stage 4 at 235,000,000 FIMK)

NXT: 4,939,248 (stage 3 at 7,750,000 NXT)

The ICO is progressing according to plans.

Non-BTC cryptos are converted for display purposes only at current market rate.

How many btc worth you have received so far?
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