[ANN] Minereum - First Self Mining Smart Contract - page 431.

nagatraju

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Quote from: Freaks on April 15, 2017, 07:09:09 AM

Quote from: ?? on ??

Join the airdrop , but we can also mine this coin? what al go is this coin? any informations about , algo supply and other stuff? thanks for the info

This algo using ethereum smart contract

Still no information about this mining in details how this mining will work with these addresses. It sounds like cloud mining or maybe something new kind of technology which is going to be implemented with smart contract.

This is information found regarding Mining Process, in Whitepaper.

Quote

The mining process of minneum is something never seen before.

Instead of traditional mining, the availability of coins to each Genesis Address will be calculated purely by a mathematical formula on the fly.

This formula is only incorporated in the Transfer function of minneum Smart Contract and its only function is to prevent that a user is able to transfer more funds than what he is allowed to.

You can read the Complete whitepaper for more detailed information.

Freaks

legendary

Activity: 1554

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Quote from: ?? on ??

Join the airdrop , but we can also mine this coin? what al go is this coin? any informations about , algo supply and other stuff? thanks for the info

This algo using ethereum smart contract

Still no information about this mining in details how this mining will work with these addresses. It sounds like cloud mining or maybe something new kind of technology which is going to be implemented with smart contract.

fikihafana

sr. member

Activity: 462

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how to mine minereum using smart contract, is this will be same as POS coin or we should point our miner?

minereum

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Quote from: Xandan on April 15, 2017, 03:38:50 AM

How many people will be chosen to receive free tokens because there are thousands of addresses already on the given site. If every single address is counted valid then the total number of supply will be huge which is not good for the token bu itself. I hope the supply will be within reasonable amount.

Initially we were planning to restrict to 1000 addresses.

This is because the more the hardcoded addresses in the code the more the cost to deploy the contract on the ethereum blockchain.

However since the response was higher than expected and we want to give a chance to everyone, we will try to include all of them. All the addresses submitted until 5 PM UTC today will be counted as valid Genesis Addresses.

The effective total supply will be relative as people will only have few coins available over time, to reach the total supply may take hundreds of years. For example ethereum actually doesn't have a fixed total supply, the supply is infinite, that doesn't mean that ethereum is hyper inflated.

We are waiting for the Genesis Addresses collection to be over to determine the actual values for the formula.

pumz

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Quote from: minereum on April 15, 2017, 03:40:08 AM

Quote from: bspus on April 15, 2017, 03:30:00 AM

So do you have an estimate of the reward per block, and therefore the total time it will take for the genesis coins to all be released?

In other words, numbers for the formulas in page 3 of your whitepaper

Yes, we will use a recent block from the past as the Genesis Block, so everyone will have some coins available by default.

We will release the source code some time after the Genesis Addresses collection.

Is that still live to add my address for this collection or limit has been reached there. Some people are saying it was only first 1000 addresses?

minereum

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Quote from: bspus on April 15, 2017, 03:30:00 AM

So do you have an estimate of the reward per block, and therefore the total time it will take for the genesis coins to all be released?

In other words, numbers for the formulas in page 3 of your whitepaper

Yes, we will use a recent block from the past as the Genesis Block, so everyone will have some coins available by default.

We will release the source code some time after the Genesis Addresses collection.

Xandan

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How many people will be chosen to receive free tokens because there are thousands of addresses already on the given site. If every single address is counted valid then the total number of supply will be huge which is not good for the token bu itself. I hope the supply will be within reasonable amount.

bspus

legendary

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So do you have an estimate of the reward per block, and therefore the total time it will take for the genesis coins to all be released?

In other words, numbers for the formulas in page 3 of your whitepaper

minereum

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Quote from: Jarunik on April 14, 2017, 01:09:08 PM

Quote

sorry but isn't clear..how yu will linked user at address ? someone can usurp me..give my adresse..and claimed my coins.

That should not really happen if you address gets included in the contract.
You will have to trust the Ethereum blockchain and smart contract technology though.
If the smart contract is good and without security problem it will work like that:

1. Your Ethereum address will get all tokens assigned.
2. The tokens will all be "locked" and can't be transferred.
3. The tokens will become "active" and free for transfer over time through "Automatic Mining" (see the contract for details)
4. Ethereum and the contract should ensure that it is only you who can send the tokens to someone else.

That is how I understand it ... just stumbled on it today.

Side note: You will have to pay ethereum fees to transfer the tokens and "use" the ethereum contract.
The creators of the smart contrac thas to pay ethereum fees too.

Correct.

Except for point 2, there will always be some MNEs available for transfer, so the account will never be locked.

nagatraju

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Quote from: AmoreJaz on April 15, 2017, 12:26:31 AM

Quote from: castong on April 15, 2017, 12:20:40 AM

I think many cheater from first 1000 eth add wallet Undecided

unfortunately after things have happened you cannot be 100% assured that they are or are not cheaters! if and i do say IF they would have used a very simple exit node check they would have made sure the IP were real and not duped. it is too late now as exit nodes change every 12/24 hours and what was then a exit node is now someones true ip so it too late to accuse!

Yes, As the form itself filter IP addresses - I hope at least 90% of the addresses are genuine.

AmoreJaz

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Quote from: castong on April 15, 2017, 12:20:40 AM

I think many cheater from first 1000 eth add wallet Undecided

unfortunately after things have happened you cannot be 100% assured that they are or are not cheaters! if and i do say IF they would have used a very simple exit node check they would have made sure the IP were real and not duped. it is too late now as exit nodes change every 12/24 hours and what was then a exit node is now someones true ip so it too late to accuse!

castong

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I think many cheater from first 1000 eth add wallet Undecided

radiera

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Quote from: @Hakermania@ on April 14, 2017, 06:35:11 PM

not much information to be honest! ho how long is running this airdrop? for how many people?

24 hours end 15 April 5 pm utc, last i know 32k coin on old thread but for know just dev how much airdrop they give now
all people posted they eth address on website.

amy1284455127

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How do I add a MNE?

AmoreJaz

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Leading Crypto Sports Betting & Casino Platform

hey dev.... your anti spam file FFalnNgDMlywAHZACXFTAkGLVTcbVVWcyjhoiFyspDA.js isnt working well..... please take a look and fix a few of those missing parameters. it would also help if you would start filtering out exit nodes

Cheers

@Hakermania@

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MenaPay - Crypto made easier than cash

not much information to be honest! ho how long is running this airdrop? for how many people?thanks for your answer

therealbigcoin

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just read the thread correctly, it will take 1 day to collect addresses, they sort out addresses posted with same ip and maybe same useragend+unified browser-id ...

republicrypto

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Activity: 1414

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Keep it Simple guys :)

more information is needed here ..
after somebody registered his ethereum address on minereum.com, then what next ?

1st there is no limit for the ethereum address, read from the whitepaper point 2.a
The first phase will be to collect as many ethereum addresses as possible.

and how long the periode of this
Genesis Addresses Collection for Airdrop now open

because there is no information about it?

regards

cryptodv

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btcstakes.com

How long is open registration for the airdrop for, 24hrs?

vvinam

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1k full ?
how many coin i have ?

Topic: [ANN] Minereum - First Self Mining Smart Contract - page 431. (Read 438108 times)