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Topic: [ANN] ION [ION] | POS 3.0 | Mobile Gaming | Join the ionomy today! - page 439. (Read 473177 times)

legendary
Activity: 3654
Merit: 8909
https://bpip.org
Garza said the same things and we see how that worked out... This is why everyone is demanding transparency and the arrogant ION team doesn't feel they need to provide it. I wish the ION team and their 500 investors the best of luck.

If you can get off the "ION = Garza" train then actually, some seemingly "negative" posts actually have good questions and arguments. Some people lump all these types of posts together, but they are not the same.

There's the "ION = Garza" crew - which really I don't have any time for, and neither should anyone else.

There's the "Why should we trust ION?" crew who pretty much all have valid questions and queries. These guys are worth listening to.

Mr-Coins, welcome back buddy, can you leave your high horse outside this time?

Maybe you have time to go back to slack and tell them to act less like Garza and more like real crypto-literate people, with proof on the chain and other things you can verify?

That way there wouldn't even be that many questions. E.g. funds from the ICO go here, we're now taking 20 BTC to pay for blow and hookers development and marketing, etc. Here is where the unused staked coins go and we're totally not dumping them on Yobit. Here is why we lied about ionomy PTE and we're truly sorry about that but the new registration number is ABCDEFG.

Edit: and yeah, I mean on an actual public media, not a fucking slack that you need a login for and they are too cheap to pay for a version that keeps full history.
newbie
Activity: 154
Merit: 0
How do you know for a fact? Its not in the whitepaper its not on the site so its not common public knowledge. Can you please state how you know these facts?

its good they are mining first 2000 blocks good free credits for them or are they going to burn them? Means up to block height 2000 all addresses are theirs thats the great thing about blockchain from this they can't hide with all moves.. we'll know every little amount. But it won't be through them being transparent it'll be the blockchain showing the dirty laundry.

This was posted by huey (Matlack) on slack. Technically the first 2000 blocks should have 0 block reward hardcoded but I wouldn't get my hopes too high for that.

https://i.snag.gy/KZIRLO.jpg

Garza said the same things and we see how that worked out... This is why everyone is demanding transparency and the arrogant ION team doesn't feel they need to provide it. I wish the ION team and their 500 investors the best of luck.

If you can get off the "ION = Garza" train then actually, some seemingly "negative" posts actually have good questions and arguments. Some people lump all these types of posts together, but they are not the same.

There's the "ION = Garza" crew - which really I don't have any time for, and neither should anyone else.

There's the "Why should we trust ION?" crew who pretty much all have valid questions and queries. These guys are worth listening to.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Garza said the same things and we see how that worked out... This is why everyone is demanding transparency and the arrogant ION team doesn't feel they need to provide it. I wish the ION team and their 500 investors the best of luck.

I think your are way too generous. There are 254 members on slack, which is the prerequisite for "investing", and that includes my account and probably a few others who are not investing. So 200 maybe?
legendary
Activity: 2100
Merit: 1042
HODL
How do you know for a fact? Its not in the whitepaper its not on the site so its not common public knowledge. Can you please state how you know these facts?

its good they are mining first 2000 blocks good free credits for them or are they going to burn them? Means up to block height 2000 all addresses are theirs thats the great thing about blockchain from this they can't hide with all moves.. we'll know every little amount. But it won't be through them being transparent it'll be the blockchain showing the dirty laundry.

This was posted by huey (Matlack) on slack. Technically the first 2000 blocks should have 0 block reward hardcoded but I wouldn't get my hopes too high for that.



Garza said the same things and we see how that worked out... This is why everyone is demanding transparency and the arrogant ION team doesn't feel they need to provide it. I wish the ION team and their 500 investors the best of luck.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
How do you know for a fact? Its not in the whitepaper its not on the site so its not common public knowledge. Can you please state how you know these facts?

its good they are mining first 2000 blocks good free credits for them or are they going to burn them? Means up to block height 2000 all addresses are theirs thats the great thing about blockchain from this they can't hide with all moves.. we'll know every little amount. But it won't be through them being transparent it'll be the blockchain showing the dirty laundry.

This was posted by huey (Matlack) on slack. Technically the first 2000 blocks should have 0 block reward hardcoded but I wouldn't get my hopes too high for that.

Loading...
Edited 2020-11-28 to fix a broken image
newbie
Activity: 154
Merit: 0
Still confused with Atom and Electrons with the regular coin?

These are functions of the ionomy platform. They are platform specific resources and are not relevant to the ION blockchain (at this time at least).

If you are running QT wallet / masternodes, then the ionomy platform and it's features/functions do not necessarily have to mean anything to you.
legendary
Activity: 2100
Merit: 1042
HODL
Still confused with Atom and Electrons with the regular coin?

Me as well. Not sure how a coin not on the blockchain can all of a sudden cause a staker to double its output.

So the extra coins comes from a Masternode. What happens to the coins the Masternodes produce when a staker is not electrified? Will those coins be burned? Or will the ION team then control them? Will the address of said Masternode be publicly available so we can monitor the movements?

What I got her so far is that a portion of this project uses "tokens" of some sort that are not on a public ledger. That is a concerning part.
sr. member
Activity: 420
Merit: 250
Still confused with Atom and Electrons with the regular coin?
legendary
Activity: 2100
Merit: 1042
HODL
What exactly are atoms? Are they on a separate blockchain?

Atoms use to be called XPYBiTS and were used to crowd fund the V2 platform. The Atom are only available by bidding on them on the Ionomy platform. Atoms will produce daily Electons at 10 Atoms per 1 Electron. The Electrons can be used on Stakers to double your stake rate.


Where does this extra staking power magically come from? I don't understand how a "coin" or "token" not on the blockchain can double the amount of coins you mint.

CAN SOMEONE PLEASE EXPLAIN THIS?HuhHuh

I believe they will be putting the staking coins into master nodes and using the return on those to payout to the stakers.

So what happens to the coins those Masternodes produce when a staker is not being electrified?
newbie
Activity: 154
Merit: 0
people who ignored the made up links to xpy paycoin was able to properly research this ion project.

for those people who did this then you probably bought some ion and will see where it goes.

this project looks very interesting and people with open mind might make very big profits because of this skill.

To be honest, you cannot write of the posts made by some people just because they seem negative.

They had a lot of good points and even helped me with my research. It's important not to be blinded by the fact that you have to weigh up EVERY risk. That means investigating everything you can, even the difficult parts.

These people had many good points, and a lot of the time, they are just playing around - but they are worth listening to and definitely NOT ignoring them.

Not long to go now - how is this ICO going? I've got some catching up to do!

so you are saying now support these people ?

Did you read what I wrote? I don't know these people, do any of us KNOW each other?

What I said was they had "many good points". If you choose to like or dislike someone, it does not invalidate their points.

The more blind you are when you go into an investment, the more likely you are to choose investments where you lose.

Always read carefully. Slow down. You will make less mistakes Cheesy

Anyway, I have to go catch up, i'm a couple of weeks behind and I have an interest in ION and being on this forum can be extremely time consuming!!
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
people who ignored the made up links to xpy paycoin was able to properly research this ion project.

for those people who did this then you probably bought some ion and will see where it goes.

this project looks very interesting and people with open mind might make very big profits because of this skill.

To be honest, you cannot write of the posts made by some people just because they seem negative.

They had a lot of good points and even helped me with my research. It's important not to be blinded by the fact that you have to weigh up EVERY risk. That means investigating everything you can, even the difficult parts.

These people had many good points, and a lot of the time, they are just playing around - but they are worth listening to and definitely NOT ignoring them.

Not long to go now - how is this ICO going? I've got some catching up to do!

so you are saying now support these people ?
newbie
Activity: 154
Merit: 0
people who ignored the made up links to xpy paycoin was able to properly research this ion project.

for those people who did this then you probably bought some ion and will see where it goes.

this project looks very interesting and people with open mind might make very big profits because of this skill.

To be honest, you cannot write off the posts made by some people just because they seem negative.

They had a lot of good points and even helped me with my research. It's important not to be blinded by the fact that you have to weigh up EVERY risk. That means investigating everything you can, even the difficult parts.

These people had many good points, and a lot of the time, they are just playing around - but they are worth listening to and definitely NOT ignoring them.

Not long to go now - how is this ICO going? I've got some catching up to do!
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
people who ignored the made up links to xpy paycoin was able to properly research this ion project.

for those people who did this then you probably bought some ion and will see where it goes.

this project looks very interesting and people with open mind might make very big profits because of this skill.
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.


does the special 6 understand this ?
newbie
Activity: 41
Merit: 0
Premine isn't the problem you all keep going on about that.
Ok then.

THe problem is "TRANSPARENCY" of the "PREMINE". The team makes no statements on how its used, when or any addresses to show people there is no nefarious evil plots. The make generic statements like it'll be used for game development or it'll be used for this or that.
Well untill a blockchain explorer is up you can provide addresses. The statements on what is done with the premine is in the whitepaper they released.

I'm waiting for the wallet so i can show you that its all in masternodes. The team is going to milk the masternodes at the start for the big rewards. There is noway in hell they are going to not control the majority of the masternode rewards from the start.
I know for a fact the masternodes will only be based on the coins that Cover the Stakers in the ionomy platform. Also Any coins that make a masternode that was purchased from the ICO. But i see where you are on this. I will be right with you looking to see what happens. But i am sure they are not going to be nefarious. But you never know.

How do you know for a fact? Its not in the whitepaper its not on the site so its not common public knowledge. Can you please state how you know these facts?

its good they are mining first 2000 blocks good free credits for them or are they going to burn them? Means up to block height 2000 all addresses are theirs thats the great thing about blockchain from this they can't hide with all moves.. we'll know every little amount. But it won't be through them being transparent it'll be the blockchain showing the dirty laundry.

They know this,  they aren't trying to hide. Although, I understand that some specifics haven't been answered leaving some with doubts.
legendary
Activity: 1596
Merit: 1021
Premine isn't the problem you all keep going on about that.
Ok then.

THe problem is "TRANSPARENCY" of the "PREMINE". The team makes no statements on how its used, when or any addresses to show people there is no nefarious evil plots. The make generic statements like it'll be used for game development or it'll be used for this or that.
Well untill a blockchain explorer is up you can provide addresses. The statements on what is done with the premine is in the whitepaper they released.

I'm waiting for the wallet so i can show you that its all in masternodes. The team is going to milk the masternodes at the start for the big rewards. There is noway in hell they are going to not control the majority of the masternode rewards from the start.
I know for a fact the masternodes will only be based on the coins that Cover the Stakers in the ionomy platform. Also Any coins that make a masternode that was purchased from the ICO. But i see where you are on this. I will be right with you looking to see what happens. But i am sure they are not going to be nefarious. But you never know.

How do you know for a fact? Its not in the whitepaper its not on the site so its not common public knowledge. Can you please state how you know these facts?

its good they are mining first 2000 blocks good free credits for them or are they going to burn them? Means up to block height 2000 all addresses are theirs thats the great thing about blockchain from this they can't hide with all moves.. we'll know every little amount. But it won't be through them being transparent it'll be the blockchain showing the dirty laundry.
member
Activity: 97
Merit: 11
Premine isn't the problem you all keep going on about that.
Ok then.

THe problem is "TRANSPARENCY" of the "PREMINE". The team makes no statements on how its used, when or any addresses to show people there is no nefarious evil plots. The make generic statements like it'll be used for game development or it'll be used for this or that.
Well untill a blockchain explorer is up you can provide addresses. The statements on what is done with the premine is in the whitepaper they released.

I'm waiting for the wallet so i can show you that its all in masternodes. The team is going to milk the masternodes at the start for the big rewards. There is noway in hell they are going to not control the majority of the masternode rewards from the start.
I know for a fact the masternodes will only be based on the coins that Cover the Stakers in the ionomy platform. Also Any coins that make a masternode that was purchased from the ICO. But i see where you are on this. I will be right with you looking to see what happens. But i am sure they are not going to be nefarious. But you never know.
hero member
Activity: 1344
Merit: 500

They do/will encourage users to run their own, they will be releasing documentation after the launch to show you how to run one. Not everyone can afford to run one, so by allowing users to boost their stake rate, they can have master node type returns without the 20000 ions.

The ION wallet has a tab in it showing the Master Node you have. It is real easy to setup a Master Node if you have 20K of IONs to stick in it. You can run on a small linux vps ,wallet creates a config for you, send coin and hit start.

You can reload the ION weapon anytime with IONs purchased from Ionomy.com using the weapon's built-in WiFi or your favorite browser. Stock up on some IONs, Atoms and Electron storage today for your games, weapons and master nodes...

Be ready for Monday's launch...

1. All ICO investors "get their coins" at the same time on Monday.
2. The only masternodes online when the investors get their coins is the ionomy.com masternodes that back stakers. Until the ICO is over that is an undetermined amount.
3. The blockchain will go live sometime this weekend most likely sunday. the wallet will not be available to ANYBODY that isn't on the internal coin team (no ico investor) until after block 2000
4. Once the platform is live, the wallet download is released ico users can withdraw.

legendary
Activity: 1596
Merit: 1021
What exactly are atoms? Are they on a separate blockchain?

Atoms use to be called XPYBiTS and were used to crowd fund the V2 platform. The Atom are only available by bidding on them on the Ionomy platform. Atoms will produce daily Electons at 10 Atoms per 1 Electron. The Electrons can be used on Stakers to double your stake rate.


Where does this extra staking power magically come from? I don't understand how a "coin" or "token" not on the blockchain can double the amount of coins you mint.

CAN SOMEONE PLEASE EXPLAIN THIS?HuhHuh

I believe they will be putting the staking coins into master nodes and using the return on those to payout to the stakers.

So why don't they just encourage users to have their own masternodes to get higher rewards themselves rather than take customers coins to profit? Why did they not just give those with xpy amounts their own masternodes for a year... why don't they give the power and pure profit generation to the customers they charged for ion? I'm changing my stance adam matlack is honestly greedy scum. Wool over your eyes with profits.

You do realise that the stakers are just entries on a webpage right... a graphic icon if you will? There is no staker address that locks them... THEY LOCK THEM and don't let access to them.

They then take all the small fund amounts people put in stakers and make masternodes themselves and profit again on the coins you purchased from them. Can you all not see this? Can you all not see the problem with it?

They do/will encourage users to run their own, they will be releasing documentation after the launch to show you how to run one. Not everyone can afford to run one, so by allowing users to boost their stake rate, they can have master node type returns without the 20000 ions.

so because customer funds are pooled and none of those funds are ionomys then why don't they give the users "ALL OF THE REWARD"
hero member
Activity: 1344
Merit: 500

They do/will encourage users to run their own, they will be releasing documentation after the launch to show you how to run one. Not everyone can afford to run one, so by allowing users to boost their stake rate, they can have master node type returns without the 20000 ions.

The ION wallet has a tab in it showing the Master Node you have. It is real easy to setup a Master Node if you have 20K of IONs to stick in it. You can run on a small linux vps ,wallet creates a config for you, send coin and hit start.

You can reload the ION weapon anytime with IONs purchased from Ionomy.com using the weapon's built-in WiFi or your favorite browser. Stock up on some IONs, Atoms and Electron storage today for your games, weapons and master nodes...

Be ready for Monday's launch...
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