Author

Topic: [ANN] Minereum - First Self Mining Smart Contract - page 265. (Read 438104 times)

full member
Activity: 203
Merit: 100
It is amazing that Minereum and Bancor both have easy token creation at there core. Minereum is a bargain compared to the upcoming Bancor. When Bancor will hit exchanges it will probably be valued around 2 billion dollars. Minereum is only at 5 million dollars. Bancor is not even close to releasing a mvp and with Minereum you can already create your own tokens (still some ux work tot do). Minereum is a sleeping giant. If it will even reach half of wat Bancor will accomplish we are all going to make a huge profit. KEEP MINEREUM.

Not only keep, but spread MNE! everyone who is active in this thread should at least have MNE in his signature.

Btw I am willing to donate MNE or BTC, if someone is going to make a twitter bounty or signature campaign.
legendary
Activity: 2940
Merit: 1169
1 MNE for token creation is  very cheap.
Maybe 10 or 100 will be better?
sr. member
Activity: 280
Merit: 250
i bought some MNE @ 0.0032  Grin  now price 0.0039 .  will back 0.005 soon?
it will hit 0.1 some day .don't doubt it!
full member
Activity: 174
Merit: 100
It is amazing that Minereum and Bancor both have easy token creation at there core. Minereum is a bargain compared to the upcoming Bancor. When Bancor will hit exchanges it will probably be valued around 2 billion dollars. Minereum is only at 5 million dollars. Bancor is not even close to releasing a mvp and with Minereum you can already create your own tokens (still some ux work tot do). Minereum is a sleeping giant. If it will even reach half of wat Bancor will accomplish we are all going to make a huge profit. KEEP MINEREUM.
hero member
Activity: 952
Merit: 502
i bought some MNE @ 0.0032  Grin  now price 0.0039 .  will back 0.005 soon?
full member
Activity: 131
Merit: 100
MNE should really hit the headlines Smiley
full member
Activity: 121
Merit: 100
update

Hi All,

Just want to say that we are continuing to work on the Token Creation Service and additionally to ERC20 we are now also preparing the next version that will support the creation of ERC23 tokens.

This update will be released soon, stay tuned.

Additionally to this we are making our plan for the Minereum World App and after making our recalculations we believe that we will still be able to deliver the first working version to the public by the end of this year.

Also, we are working on the possibility of making a first prototype version, just for display purposes in the next few weeks. The goal would be to have an android prototype app available for everyone to see how it works.

One other thing is that we are working on the conceptualization of preventing GPS spoofing. We will have machanisms in place to prevent abuse.

If you missed, here is the current info for the Token Creation Service and Minereum World App:

▶ ERC20 Token Creation Service 1.0:
https://bitcointalksearch.org/topic/m.19583893

▶ Minereum World App:
https://bitcointalksearch.org/topic/m.19593049

More updates to come so stay tuned!

what about "the conceptualization of preventing GPS spoofing",dev,can you explain with more details?
legendary
Activity: 1904
Merit: 1063
Great job!
Where can I find some explanation about the difference between ERC20 and ERC23 tokens?

Google is your friend.
Souce : reddit

Explanation of the difference between ERC20 and ERC23 tokens

ERC20 is already existing token standard used by ethereum tokens. ERC23 is a new version of token standard.
Problems.
You can't deposit ether in contract that is not specified to accept ether deposits. For example you can't deposit ETC in dao-withdrawal contract. But you can send your ERC20 tokens anywhere so you can deposit BitEtherCoin in dao-withdrawal contract where your BEC will stay forever as dao-withdrawal contract is not designed to work with BEC and there will be no way to access BEC on this contract. ERC23 tokens can't be sent to a random contract similarly to ether. Only contract specified with ERC23 deposits will accept ERC23 tokens.
Transactions.
Transactions between addresses are same in ERC20 and ERC23. When you need to deposit your ERC20 token in contract you should call approval function in token contract to approve a specified (amount*token decimals) to be transferred from your address to target contract. Then you need to call deposit function on target contract to finalize your deposit and transfer your tokens. Note: If you accidentally sent your ERC20 tokens to target contract without calling approval your tokens would be lost!
Interaction between ERC23 and other contracts is much easier. You need just to send your ERC23 tokens to contract address like you send them to another wallet. There is no difference for user to send ERC23 to contract or to address.
100% Backward compatibility.
ERC23 supports all ERC20 functions and can also be transferred via approval method.
Optimization.
In fact transfer of ERC20 tokens between address and contract is a pair of two different transactions while transfer of ERC23 tokens is a single transaction. ERC20 tokens transfer to contract fires Approval event on token contract and then fires Transfer event on contract receiving tokens. ERC23 tokens transfer fires only Transfer event and can prevent extra blockchain bloating as every event is stored in blockchain.
hero member
Activity: 728
Merit: 500
update

Hi All,

Just want to say that we are continuing to work on the Token Creation Service and additionally to ERC20 we are now also preparing the next version that will support the creation of ERC23 tokens.

This update will be released soon, stay tuned.

Additionally to this we are making our plan for the Minereum World App and after making our recalculations we believe that we will still be able to deliver the first working version to the public by the end of this year.

Also, we are working on the possibility of making a first prototype version, just for display purposes in the next few weeks. The goal would be to have an android prototype app available for everyone to see how it works.

One other thing is that we are working on the conceptualization of preventing GPS spoofing. We will have machanisms in place to prevent abuse.

If you missed, here is the current info for the Token Creation Service and Minereum World App:

▶ ERC20 Token Creation Service 1.0:
https://bitcointalksearch.org/topic/m.19583893

▶ Minereum World App:
https://bitcointalksearch.org/topic/m.19593049

More updates to come so stay tuned!

Great job!
Where can I find some explanation about the difference between ERC20 and ERC23 tokens?
full member
Activity: 203
Merit: 100
Can anyone help me with the discord?
I was on the discord but It seems that I was removed (was on "purge" list for inactivity) and now all invite links are "invalid or disabled".
member
Activity: 93
Merit: 10
Can somebody tell me why the supply is increasing? Probably a dumb question, but I thought it was capped around 490k where I bought it around.

The supply grows but also the token service burns some Minereums as well so the inflation shouldn't be bad.
newbie
Activity: 40
Merit: 0
Can somebody tell me why the supply is increasing? Probably a dumb question, but I thought it was capped around 490k where I bought it around.
hero member
Activity: 617
Merit: 528
can someone explain to me in very plain english, how this "selfmining contract works?"

Basically there are a few genesis addresses (4000 or so) which automatically get a small MNE every day (well with every ETH block). So MNE is created automatically as Ethereum blocks are found as MNE sits on the ETH blockchain. So the mining is actually performed by ETH miners indirectly.
For those people who are just telling that every MNE genesis address is generating MNE per day, its actually like this. This is the actual and real scenario.
It is self mining, because it is being indirectly mined by ethereum miners itself.

To be more precise: the genesis addresses each held 32000 MNE when Minereum was launched. These tokens were locked and unspendable. At a rate of ~1,8 MNE per day these become unlocked. The unlocking is done by Ethereum blocks at a rate of 0.00032 MNE per block. After a period of 47 years all MNE will be unlocked and genesis addresses will be able to spend all their tokens.

So the whole 'booooh so unfair only genesis holders can mine' tantrum is based on a misapprehension of the concept.

MNE was an airdrop where the devs gave everything away for free, so every genesis address already has 32000 tokens. The nifty thing is that most of it can't be spent. So genesis holders can't dump their share and if they ever want to make some real money of off their investment (I count luck or time spent browsing the boards and picking out the gems from the pig dung as investments) they will have to continue to support the project. The system kind of gets rid of the short-therm P&D mentality that is so abundant around here.

To those of you who still deem this unfair: I suggest you send BCNext a PM whether he can retroactively put you on the list of NXT initial stakeholders, or send an email to Bitcoin Core and ask them to hard-fork to a lower difficulty because you don't have the money for an ASIC farm and you'd like to mine BTC on your Nintendo DS.





hero member
Activity: 1246
Merit: 534
can someone explain to me in very plain english, how this "selfmining contract works?"

Basically there are a few genesis addresses (4000 or so) which automatically get a small MNE every day (well with every ETH block). So MNE is created automatically as Ethereum blocks are found as MNE sits on the ETH blockchain. So the mining is actually performed by ETH miners indirectly.
For those people who are just telling that every MNE genesis address is generating MNE per day, its actually like this. This is the actual and real scenario.
It is self mining, because it is being indirectly mined by ethereum miners itself.
full member
Activity: 174
Merit: 100
Supply and demand. I guess people are selling more than they like to buy. Don't worry. It will go up again soon. Good time to buy more I guess.
legendary
Activity: 2380
Merit: 2369
Catalog Websites
Why the price is going down? With all these news I thought it would continue to grow, especially after reaching 0.005  Huh
legendary
Activity: 1610
Merit: 1004
Just finished reading about the difference between ERC20 and ERC23 tokens and must say our Devs are most advanced and very smart people who are working on the tech of future. Minereum will not remain much time away of the eyes of people. It is growing gradually with constant development. The more I read the more I am excited about this project.
legendary
Activity: 1918
Merit: 1003
update

Hi All,

Just want to say that we are continuing to work on the Token Creation Service and additionally to ERC20 we are now also preparing the next version that will support the creation of ERC23 tokens.

This update will be released soon, stay tuned.

Additionally to this we are making our plan for the Minereum World App and after making our recalculations we believe that we will still be able to deliver the first working version to the public by the end of this year.

Also, we are working on the possibility of making a first prototype version, just for display purposes in the next few weeks. The goal would be to have an android prototype app available for everyone to see how it works.

One other thing is that we are working on the conceptualization of preventing GPS spoofing. We will have machanisms in place to prevent abuse.

If you missed, here is the current info for the Token Creation Service and Minereum World App:

▶ ERC20 Token Creation Service 1.0:
https://bitcointalksearch.org/topic/m.19583893

▶ Minereum World App:
https://bitcointalksearch.org/topic/m.19593049

More updates to come so stay tuned!

This is great stuff much appreciated I would like to keep supporting this project because in long term this will be top class coin and this platform will become much hot as you are offering nice services it's worth to hodl and it will be worth to it.
hero member
Activity: 686
Merit: 500
I have to commend Livecoin for providing a great service.

No issues depositing BTC, LTC or MNE. Easy withdrawals of MNE.

Overall solid experience and best of all no up your god damn ass KYC/AML bullshit.  Cool
yes agree livecoin is good exchange, just carefull with cryptodao yestarday on my account lost 0.1 btc for nor reason! They told me it was problem with the server but my btc are gone forever, i tried to talk with the admin but they cannot replay my btc anymore , so just carefull ...
legendary
Activity: 1386
Merit: 1001
Ganja <3
coin looks interessting bought some will use in future the token creation service Smiley
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