[ANN] [PoS/MN] Gentarium (GTM) | Masternode hosting platform | Shared MN service - page 23.

vella85

hero member

Activity: 1862

Merit: 590

Quote from: goigiacmove on October 13, 2018, 08:24:17 PM

Quote from: vella85 on October 06, 2018, 06:22:23 PM

Yes after what happened with Gin with this shared masternodes service by Tiamo, it will be interesting to see if other masternode platforms can come up with a way where the people putting their coins into these shared masternodes services are safe from being stolen. GTM have done an amazing job so far and if they can come up with a way to fix this issue then they could potentially be the number #1 masternode platform in the world.

I would prefer to use one-click masternode services, rather than shared masternode services.
Of course, everyone have their choices, but I don't want to take risks too much by using shared masternode services from third parties.
It's interesting to see how GIN and Gentarium make adjustments and deal with risks of stolen coins from shared masternodes.

Yes I agree, this is something both platforms need to look into doing much better. I also don't really like to use shared masternodes but sometimes if the price is too high I have no choice but to use them if the coin isn't PoS, if it is PoS I normally just stake until I have enough coins to run a node. I still prefer GTM over gin right now as like I said GTM seems to have more upside and I really like what they have set out on their roadmap for the future.

NeuroticR

full member

Activity: 281

Merit: 108

Crypto Enthusiast, Crypto Critic

It seems like Gentarium is growing fast. They are currently hosting 3547 masternodes on their platform already. Being traded on Cryptopia, CoinExchange and CryptoBridge, I feel that this project has great potentials. I have just started a GTM masternode on their platform and now I am waiting for the first reward to arrive!

goigiacmove

member

Activity: 121

Merit: 10

Quote from: vella85 on October 06, 2018, 06:22:23 PM

Yes after what happened with Gin with this shared masternodes service by Tiamo, it will be interesting to see if other masternode platforms can come up with a way where the people putting their coins into these shared masternodes services are safe from being stolen. GTM have done an amazing job so far and if they can come up with a way to fix this issue then they could potentially be the number #1 masternode platform in the world.

I would prefer to use one-click masternode services, rather than shared masternode services.
Of course, everyone have their choices, but I don't want to take risks too much by using shared masternode services from third parties.
It's interesting to see how GIN and Gentarium make adjustments and deal with risks of stolen coins from shared masternodes.

maximumcoin

full member

Activity: 487

Merit: 100

Quote from: vella85 on October 10, 2018, 05:07:59 PM

Like I said in one of my posts on here, I think owning a piece of GTM and Gin is the right move as both projects have huge potential. I don't know much about SNode but I will take a look at it as was listed on the GTM masternode platform. I just read in the discord that GTM masternode holders are now eligible for loyalty rewards on the Beam platform. More info is on the GTM discord under the announcements channel.

Beam platform.
Wow, this is my first time known about the Beam Platform which built up on the GTM platform.
I have not known about it, so I will spend my time to discover more about this one, which has likely had potential like your hint.
Thank you.

stonesourcery

jr. member

Activity: 271

Merit: 1

https://request.coinpulse.io/suggestions/18524/gentarium-shared-masternodes-hosting

vella85

hero member

Activity: 1862

Merit: 590

Quote from: TheCrimsonFucker on October 10, 2018, 05:11:47 PM

Gentarium is an organized project and it does offer good options about MN, but lately there are lots of coins coming up with this same goal and I do not know how much GTM will help because it only shows how MN market is saturated! I hope there are always improvements and innovations here, otherwise people will start to evade this type of product.

Yes I agree that the MN market is saturated and that platforms like GTM need to come up with new innovations and improvements which I think they can achieve in time. The dev team seem to be switched on and know how to adapt to the changing crypto landscape, they already offer instant shared MN which I haven't seen any other platform doing at the moment and what they have planned on their roadmap is somewhat different to the others. This is why I think GTM has a lot more upside then the other MN platforms and also the price is much cheaper right now.

TheCrimsonFucker

sr. member

Activity: 617

Merit: 251

Gentarium is an organized project and it does offer good options about MN, but lately there are lots of coins coming up with this same goal and I do not know how much GTM will help because it only shows how MN market is saturated! I hope there are always improvements and innovations here, otherwise people will start to evade this type of product.

vella85

hero member

Activity: 1862

Merit: 590

Quote from: chickenfacts on October 10, 2018, 11:53:54 AM

Quote from: JanpriX on October 10, 2018, 11:19:26 AM

Just discovered this coin and first thing that comes to my mind is that "this will definitely give GIN a very good fight for that #1 spot." Based on the facts that available to us now, GTM has a very high chance of of having the same price movement as what happened with GIN in the past. And if that will come true, early adopters of GTM will surely benefit a lot from it.

Bought some of this coin from Cryptopia earlier and planning to setup my MN also in the coming weeks if time and money permit. This maybe out of topic but another coin that has the same approach is Apollon (XAP).

Another competitor of GINcoin is Snode coin.
You should spend your time to discover SNode coin project if you have big interest on masternode ecosystem, including Masternode hosting services.

Like I said in one of my posts on here, I think owning a piece of GTM and Gin is the right move as both projects have huge potential. I don't know much about SNode but I will take a look at it as was listed on the GTM masternode platform. I just read in the discord that GTM masternode holders are now eligible for loyalty rewards on the Beam platform. More info is on the GTM discord under the announcements channel.

chickenfacts

member

Activity: 355

Merit: 10

Quote from: JanpriX on October 10, 2018, 11:19:26 AM

Just discovered this coin and first thing that comes to my mind is that "this will definitely give GIN a very good fight for that #1 spot." Based on the facts that available to us now, GTM has a very high chance of of having the same price movement as what happened with GIN in the past. And if that will come true, early adopters of GTM will surely benefit a lot from it.

Bought some of this coin from Cryptopia earlier and planning to setup my MN also in the coming weeks if time and money permit. This maybe out of topic but another coin that has the same approach is Apollon (XAP).

Another competitor of GINcoin is Snode coin.
You should spend your time to discover SNode coin project if you have big interest on masternode ecosystem, including Masternode hosting services.

JanpriX

hero member

Activity: 1708

Merit: 606

Buy The F*cking Dip

Quote from: vella85 on October 08, 2018, 04:50:36 PM

The Gentarium platform continues to grow by the day with another 2 coins added today Injex and SnodeCoin. Also the hosted masternode count has been growing by the day with 4158 hosted masternodes now online. GTM is growing at a rapid rate and will soon rival gin as the number #1 masternode platform. I actually think owning a piece of both these projects is a smart move, GTM is the cheaper of the two and I think has more upside right now.

Just discovered this coin and first thing that comes to my mind is that "this will definitely give GIN a very good fight for that #1 spot." Based on the facts that available to us now, GTM has a very high chance of of having the same price movement as what happened with GIN in the past. And if that will come true, early adopters of GTM will surely benefit a lot from it.

Bought some of this coin from Cryptopia earlier and planning to setup my MN also in the coming weeks if time and money permit. This maybe out of topic but another coin that has the same approach is Apollon (XAP).

bohemianaman5

newbie

Activity: 48

Merit: 0

Quote from: NeuroticR on October 07, 2018, 01:07:12 PM

I must say that I am very much positive about Gentarium. GTM is showing a strong upward trend with a stable over 10 btc daily trading volume. My target is to get at least a couple of GTM nodes before the next crypto bull run!

Agree with you buddy. This going to be a beast MN for long term

maximumcoin

full member

Activity: 487

Merit: 100

Quote from: vella85 on October 08, 2018, 04:50:36 PM

The Gentarium platform continues to grow by the day with another 2 coins added today Injex and SnodeCoin. Also the hosted masternode count has been growing by the day with 4158 hosted masternodes now online. GTM is growing at a rapid rate and will soon rival gin as the number #1 masternode platform. I actually think owning a piece of both these projects is a smart move, GTM is the cheaper of the two and I think has more upside right now.

It is interesting to see fast growth of Gentarium ecosystem with more and more coins integrated into list of supported masternodes.
In addition, it is more interesting to see Gentarium made partnership with Snode coin, which maybe one of high potential competitor of Gentarium by now and in the future.

vella85

hero member

Activity: 1862

Merit: 590

Quote from: stonesourcery on October 09, 2018, 10:33:56 AM

I found this blog on Medium -

https://medium.com/@er.amandeps/gentarium-the-future-of-masternodes-and-asics-5cb1af53b28b

is this quote true ?

Quote

"Gentarium Platform
Gentarium solves hosting problem by providing an automated deployment platform that allows the users to run a masternode using a wizard like UI.Not having to worry about the technical setup. The coins always stay in users local wallet , hence they need not to worry about sending coins to third party and enjoy daily MN rewards.They only require to pay a monthly fee of 7.5 dollars per month payable in GTM"

I think the best way to get your questions answered is to join their discord server as the dev team are very active on there and answer questions a lot faster then on here. CryptoM is the best one to ask all these questions or just post in general chat. Good luck!

https://discordapp.com/invite/wn54A3T

stonesourcery

jr. member

Activity: 271

Merit: 1

I found this blog on Medium -

https://medium.com/@er.amandeps/gentarium-the-future-of-masternodes-and-asics-5cb1af53b28b

is this quote true ?

Quote

"Gentarium Platform
Gentarium solves hosting problem by providing an automated deployment platform that allows the users to run a masternode using a wizard like UI.Not having to worry about the technical setup. The coins always stay in users local wallet , hence they need not to worry about sending coins to third party and enjoy daily MN rewards.They only require to pay a monthly fee of 7.5 dollars per month payable in GTM"

stonesourcery

jr. member

Activity: 271

Merit: 1

If I invest in part of a shared mastern node on GTM website- where are my coins held?

do I retain the private keys or am I sending the money to ...?

stonesourcery

jr. member

Activity: 271

Merit: 1

1000 GTM to run a masternode...OK

how do I set it up?

is there a guide for hosting the masternode on a virtual private server ?

vella85

hero member

Activity: 1862

Merit: 590

The Gentarium platform continues to grow by the day with another 2 coins added today Injex and SnodeCoin. Also the hosted masternode count has been growing by the day with 4158 hosted masternodes now online. GTM is growing at a rapid rate and will soon rival gin as the number #1 masternode platform. I actually think owning a piece of both these projects is a smart move, GTM is the cheaper of the two and I think has more upside right now.

Injex

copper member

Activity: 28

Merit: 1

Gentarium order books are now active at Injex.io!
Gentarium's application to be listed was successful, we have now opened the order books for trading!
Gentarium has 1 active pair - GTM_BTC

Trade here: Injex Market - GTM_BTC

stonesourcery

jr. member

Activity: 271

Merit: 1

Quote

TiamoToday at 12:29 AM
@everyone I met with police today at the station, and did my statement as to what happened and have requested an investigation. The police were receptive to my story, and they have launched a formal investigation together with the Dutch National Cyber Security Centre. The NCSC will be in contact with the relevant New Zealand authorities and Cryptopia shortly. I was not given an estimated timeframe as to when. At this time I can not disclose any additional details, but I have reasons to believe that there is a viable path to a satisfactory conclusion for all.
👍

👮
1
/quote]

stonesourcery

jr. member

Activity: 271

Merit: 1

Quote from: stonesourcery on October 07, 2018, 10:51:27 AM

Quote from: vella85 on October 06, 2018, 06:22:23 PM

Quote from: stonesourcery on October 06, 2018, 12:02:01 AM

the "problem" of course with shared master nodes is no one has yet solved the security issue of how you can maintain control of your own private keys - while adding some coins to the pot of collateral to run a master node.

Tiamo whom was trusted to manage peoples funds - had his PC hacked and the shared coins were sent to Cryptopia by teh hacker
— https://explorer.gincoin.io/tx/50063a56cb17c62a717a8b7f4013c6044b29689383515c1da25f3186b963a180

now they sit there until the cryptopia's admin and the authorities (in Holland & New Zealand ,presumably) can decide how they can proceed

Developers have a good challenge here - how can we share in a trust less way so that we can pool funds together to share power of running master node network ?

Yes after what happened with Gin with this shared masternodes service by Tiamo, it will be interesting to see if other masternode platforms can come up with a way where the people putting their coins into these shared masternodes services are safe from being stolen. GTM have done an amazing job so far and if they can come up with a way to fix this issue then they could potentially be the number #1 masternode platform in the world.

the answer may involve a combination of custodial services and escrow to back up investors coins one for one in Cold Storage while at same time investing an equal value in masternodes

[img][/im

Quote

An update from Cryptopia.

For obvious reasons, please do not contact myself or our staff with abusive, aggressive or demanding messages. We are currently investigating and following the correct process, we will update as soon as we are able. For this reason we're unable to comment further when asked for status updates from the Gin Community.

We appreciate your patience and hope to resolve this as quickly as possible. If this could be pinned for people to see, that would be great.

Kind regards,
Cryptopia Team

g]

Topic: [ANN] [PoS/MN] Gentarium (GTM) | Masternode hosting platform | Shared MN service - page 23. (Read 82413 times)