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Topic: [ANN] INTENSE COIN - Blockchain backed decentralized VPN - Hybrid PoW - page 344. (Read 235822 times)

sr. member
Activity: 588
Merit: 422
How can someone avoid of being a VPN exit node? Is there a config file? More infos needed on this topic.
full member
Activity: 254
Merit: 104
pool not working

Have a look at the beginning of the first post.
full member
Activity: 254
Merit: 104
Quote
I apologize for the bad math, that was my mistake.  I still think holding 15% after two years is pretty high.  It's not a question of whether your intentions are to be trusted.  It's a question of whether the market will bear a 15% ownership stake in the devs' hands.  My guess is it won't, but this is just my analysis and time will tell who's right.


No worries mate:)

I actually haven't seen any ICO project that has only 15% allocated to the founding team. About 99% of recent or upcoming ICO's have between 30-50% allocated + Money raised which are crazy figures.

For us is basically a fair long term alignment of interest.
sr. member
Activity: 433
Merit: 250
full member
Activity: 322
Merit: 100
A 10% develepor reward?  Every dev deserves a cut, but 10% is silly.  It's also short-sighted because a smaller reward of 1% to 3% would actually end up being worth more than a 10% reward, because you're going to lose a lot of interested parties.  No one seems to understand this math:

Code:
10% of something no one wants to touch << 1% of something people will actually adopt because they don't need to fear dumping


EDIT: Part of what makes this so stupid is that, with a 1900 initial reward and 2 minute blocktimes, it's going to take well over 2 years for 100 million coins to be mined.  Developer reward is 100 million coins.  

THIS MEANS DEVELOPORS ALREADY HAVE MORE THAN THE TOTAL NUMBER OF COINS TO BE MINED OVER THE NEXT TWO YEARS.  Think about that.   They will still control almost 50% of this coin two years from now (technically, they will control 40% because of bounties).  Is that something that's going to have any value on exchanges?  Why will anyone buy this coin in 2018 or 2019 if you guys hold 40% of it?

Hi There,

There is no ICO or whatsoever. Any kind of costs, developments, researches, marketing costs are with us.
Further, we aim to run this project long-term and have no intention at all to cause a market crash. As you know we are humans and are driven by a monetary owned society - Call the 10% premine motivation fund, sounds less brutal. Trust is important & required in Crypto to some extend, we are all aware of that.

Anyway, thanks for your input & time Smiley

For the math, How did you calculate 100 million coins? This 100 million coins will be mined within 70 days - not two years.
 in two years about 650 million coins will be mined which means our part will be around 15%


I apologize for the bad math, that was my mistake.  I still think holding 15% after two years is pretty high.  It's not a question of whether your intentions are to be trusted.  It's a question of whether the market will bear a 15% ownership stake in the devs' hands.  My guess is it won't, but this is just my analysis and time will tell who's right.
full member
Activity: 254
Merit: 104
i will traslate vietnamese  Lips sealed

That is fine. Send me a PM please Smiley
full member
Activity: 254
Merit: 104
A 10% develepor reward?  Every dev deserves a cut, but 10% is silly.  It's also short-sighted because a smaller reward of 1% to 3% would actually end up being worth more than a 10% reward, because you're going to lose a lot of interested parties.  No one seems to understand this math:

Code:
10% of something no one wants to touch << 1% of something people will actually adopt because they don't need to fear dumping


EDIT: Part of what makes this so stupid is that, with a 1900 initial reward and 2 minute blocktimes, it's going to take well over 2 years for 100 million coins to be mined.  Developer reward is 100 million coins.  

THIS MEANS DEVELOPORS ALREADY HAVE MORE THAN THE TOTAL NUMBER OF COINS TO BE MINED OVER THE NEXT TWO YEARS.  Think about that.   They will still control almost 50% of this coin two years from now (technically, they will control 40% because of bounties).  Is that something that's going to have any value on exchanges?  Why will anyone buy this coin in 2018 or 2019 if you guys hold 40% of it?

Hi There,

There is no ICO or whatsoever. Any kind of costs, developments, researches, marketing costs are with us.
Further, we aim to run this project long-term and have no intention at all to cause a market crash. As you know we are humans and are driven by a monetary owned society - Call the 10% premine motivation fund, sounds less brutal. Trust is important & required in Crypto to some extend, we are all aware of that.

Anyway, thanks for your input & time Smiley

For the math, How did you calculate 100 million coins? This 100 million coins will be mined within 70 days - not two years.
 in two years about 650 million coins will be mined which means our part will be around 15%
full member
Activity: 322
Merit: 100
A 10% developer reward?  Every dev deserves a cut, but 10% is silly.  It's also short-sighted because a smaller reward of 1% to 3% would actually end up being worth more than a 10% reward, because you're going to lose a lot of interested parties.  No one seems to understand this math:

Code:
10% of something no one wants to touch << 1% of something people will actually adopt because they don't need to fear dumping


EDIT: I TOTALLY fucked up some math.  See dev response below.  The supply will outgrow what the devs hold quicker than I thought.  I stand by my comments on 10% still being high, but I do apologize for my bad math.
full member
Activity: 602
Merit: 134
i will traslate vietnamese  Lips sealed
sr. member
Activity: 588
Merit: 422
Staking the coin means to be a VPN exit node? Good luck with the project.
full member
Activity: 254
Merit: 104
THIS THREAD IS LOCKED!

Please have a look at our new LETHEAN thread

https://bitcointalk.org/index.php?topic=4902692.460





WebsiteTwitterRedditTelegramDiscordFacebookWhitePaperSource Code

















http://intensecoin.com/explorer/




Recommended Mining Pools
http://intensecoin.com/pool/ (US)
https://intense.hashvault.pro/ (FR)
http://itns.globalpool.cc/ (CH)
http://intensecoinpool.sytes.net/ (US)
http://itns.intensepool.net/
https://itns.luckypool.io/ (FR)
http://intense.miningpools.us/ (US)
https://pool4you.ml/ (East Europe)
https://pool.intensecoin.net/ (EU)



CPU Pool Mining
Download the wallet for your operating system: https://github.com/valiant1x/intensecoinwallet/releases/latest
Extract the file. Open the file titled ‘Intensecoin’ and wait several minutes while the wallet connects to the network and syncs the blockchain.
When synchronization is complete, the bar at the bottom of the window will indicate ‘Synchronized’.
After that, just click the ‘Start mining’ button in the top middle of the wallet, beneath where your address is displayed.


GPU Pool Mining
Download the appropriate miner for your video card (AMD or NVIDIA) from a third party,
then follow the instructions of the pool you would like to mine on.







                                                               ITNS - BTC                                                 ITNS - ETH                                                              
                               



ITNS - BTC







Signature Codes:

Junior Member
INTENSE COIN ★ BLOCKCHAIN BACKED P2P VPN ★ Whitepaper


Code:
[center][url=https://intensecoin.com/] INTENSE COIN [/url] ★ BLOCKCHAIN BACKED P2P VPN ★ [url=https://intensecoin.com/whitepaper.pdf]Whitepaper[/url]



Member
★★★ INTENSE COIN ★★★
BLOCKCHAIN BACKED DECENTRALISED P2P VPN
MediumTwitterSlackDiscordRedditFacebookWhitepaperBitcointalk Ann

Member
Code:
[center]★★★ [url=https://intensecoin.com/]INTENSE COIN[/url] ★★★
BLOCKCHAIN BACKED DECENTRALISED P2P VPN
[url=https://medium.com/@intensecoin]Medium[/url] ◉ [url=https://twitter.com/intensecoin]Twitter[/url] ◉ [url=https://intense-coin.herokuapp.com/]Slack[/url] ◉ [url=https://discord.gg/f3XQgA3]Discord[/url] ◉ [url=https://www.reddit.com/r/IntenseCoin/]Reddit[/url] ◉ [url=https://www.facebook.com/intensecoin/]Facebook[/url] ◉ [url=https://intensecoin.com/whitepaper.pdf]Whitepaper[/url] ◉ [url=https://bitcointalksearch.org/topic/ann-intense-coin-blockchain-backed-decentralized-vpn-hybrid-pow-2090765]Bitcointalk Ann[/url][/center]



Full Member
▀    ★★★ INTENSE COIN ★★★  
┊┈ BLOCKCHAIN BACKED DECENTRALISED P2P VPN ┊┈
█ █   Medium Twitter Slack Discord RedditFacebook Whitepaper Bitcointalk Ann  █ █  

Code:
[center]
[color=#3b1261]▀[color=#551a8b]▀[color=#663096]▀[color=#7647a2]▀[color=#885ead]▀[color=#9975b9]▀[color=#aa8cc5]▀[color=#bba3d0]▀    [url=https://www.intensecoin.com/][color=#460050]★★★[/color][b][color=#460050] INTENSE COIN[/b] [color=#460050] ★★★  [/color] [/url] ▀[/color]▀[/color]▀[/color]▀[/color]▀[/color]▀[/color]▀[/color]▀[/color]
[color=#3b1261]┊┈ [/color][color=#88009D] [b]BLOCKCHAIN BACKED DECENTRALISED P2P VPN [/b][color=#3b1261]┊┈
█ █  [color=#1798d6][/color] [url=https://medium.com/@intensecoin][font=Arial][b][color=#122874]Medium[/color][/b][/font][/url] [color=#1798d6]◉[/color] [url=https://twitter.com/intensecoin][font=Arial][b][color=#122874]Twitter[/color][/b][/font][/url] [color=#1798d6]◉[/color] [url=https://intense-coin.herokuapp.com/][font=Arial][b][color=#122874]Slack[/color][/b][/font][/url] [color=#1798d6]◉[/color] [url=https://discord.gg/f3XQgA3][font=Arial][b][color=#122874]Discord[/color][/b][/font][/url] [color=#1798d6]◉[/color] [url=https://www.reddit.com/r/IntenseCoin/][font=Arial][b][color=#122874]Reddit[/color][/b][/font][/url][color=#1798d6] ◉ [/color][url=https://www.facebook.com/intensecoin/][font=Arial][b][color=#122874]Facebook[/color][/b][/font][/url] [color=#1798d6] ◉ [/color] [url=https://intensecoin.com/whitepaper.pdf][font=Arial][b][color=#122874]Whitepaper[/color][/b][/font][/url] [color=#1798d6] ◉ [/color][url=https://bitcointalksearch.org/topic/ann-intense-coin-blockchain-backed-decentralized-vpn-hybrid-pow-2090765][font=Arial][b][color=#122874]Bitcointalk Ann[/color][/b][/font][/url]  █ █  [/center]



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