Topic: [ANN] Prometheus59 - a decentralized global blockchain-based supercomputer - page 15. (Read 3449 times)

Awesome, I hope the price will rise and you will list on more exchanges soon.

Prometheus59 is officially listed on CryptoBridge under [P59] ticker: https://wallet.crypto-bridge.org/market/BRIDGE.P59_BRIDGE.BTC
Trade will start in a couple of hours.

Minimum amount to stake: 100 coins.
Masternode collateral: 1000 coins.
Shared masternode services will be added soon and will allow to generate profits with 1 coin only.

The double spending attack will be possible, but the fantastic speedy progress is solving many problems and will solve this as well.

Invention of quantum computer will change the world. I doubt the owners will care about crypto, as everything becomes possible with it. Crypto is too small, really, to pay any attention to it when you have unlimited capabilities.

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Prometeus has a good idea, but there are already a bunch of competitors with wings spread. Given the technological differences written above in this topic, I do see some free room for this one. That will not be easy, especially in bear market, but if attracting attention step by step, maybe it possible.

Some cross-promotion is possible in future, but first P59 must grow to be noticeable.

The main aim now is to set up stable network and to make successful promoting, but the phase of testnet development process development will be held in parallel. The most intensive stage of preparation for the Testnet launch will take place next quarter.

It is said that by 2022 they will invent a quantum computer that will be multitasking. If this is real, then attack 51 on the ethereum and bitcoin blockchain is possible.

Finally, there are at least some news about your project.


This item deserves attention.

https://www.reddit.com/user/Prometheus_59/comments/bbjcyi/intro_or_why_supercomputers_like_prometheus59_are/

Here's an excerpt that helps in understanding of differences in between Prometheus and other solutions:


1. Specific market pricing based on auction (not applied to Charity mission)

In Prometheus59, the so-called "marketplace" will have an auction element, which, in the event of a lack of capacity, will allow prioritizing the execution of tasks depending on the proposed payment (of course, prioritizing will not touch the Charity mission). This may be a win-win at the initial stages of development.

At the same time, if the price rises and there is a shortage of total computing power allocated for commercial tasks, the power providers will receive greater rewards proportionally to the amount of provided computing power.

Also, if there is a shortage of computing power in the network, a power renter (someone who needs computing power) can offer a higher price and thereby attract more users. In addition, users will be able to earn not only on the power provision but also on PoS. P59 will also have a task formalization system to process the maximum number of types of tasks suitable for distributed computing.

2. Specific way to determine payments for provided computing power

Payments will be formed depending on the total income of the system, but here is a fundamental nuance: all the resources allocated for Charity mission will be paid in the same way as resources used to solve commercial tasks. This will be good for marketing and drive more public attention.

3. Payments for the provided computing power, not a task
Instead of estimating the task itself by several parameters (which, for example, Golem does), Prometheus will take rely on computing power itself as an object of assessment. This will exclude the possible negative influence of certain task parameters, such as "timeout," when the task may remain unsolved.

When the marketplace object is a task, few possible outcomes are possible (for example: failed, timeout, rejected, accepted.) When the object of the marketplace is computing power, negative outcomes eliminated or even reduced totally. At the same time, the user only pays for the power he uses

How do you estimate your chances to win over golem, etc. well-known projects?

Wallet 1.0 is a basic wallet without the ability to provide computing power. Wallet 1.0 is the main wallet until mainnet. The purpose of wallet 1.0 is to provide users with the convenience to work with their masternodes. Since the project has started before the testnet/mainnet releases, wallet 1.0 is a basic wallet to work with P59.

At what stage of development is Mainnet now? - core network

Did you start writing code or is it just an idea?

Will only money storage be available in wallet 1.0? Why create it if your main task is to rent computing power

Kenyon Sheppard holds the position of COMMUNITY MANAGER.

Does he have experience in blockchain projects?
Which ones?

Predicted growth will remain till July, as to analysts' articles, - that means the capital inflow and trust in the whole crypto market is taking place.

I wouldn't reject the correlation between the market mood and the effectiveness of certain marketing steps, but it's also true that both marketing and development must go independently from sentiments.

Yeah, accumulation + rise happening. Some alts must moon eventually.

Theoretically, that is possible if technologies align. However, the team doesn't have such plans for the nearest quarter. The development is planned to go independently, though probably there will be some cross-marketing etc.

I believe, that these times will be advantageous enough for this new project, as the prognosys for bts is positively promising. The saling panic is over and its good time to create brilliant projects.

Any plans to cooperate with other supercomputers, e.g. unite powers? Or independent development only.