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Topic: [ANN] TIERION [TNT]Token Sale Starts on 27 July - page 29. (Read 88307 times)

member
Activity: 74
Merit: 10
I am down almost 50% now ... I hope the team gets their shit together, come up with a technical solution and list this token on Binance.

Well, I am at 60 % of investment value. It has been the worst investment of this half of the year.  Grin

Btw. Just hodling now ..

Well, we have to hope that they get the network working, play out their partnerships and hit bigger exchanges this year. Since the market cap is very low it is still possible to get break even again.
full member
Activity: 658
Merit: 108
I am down almost 50% now ... I hope the team gets their shit together, come up with a technical solution and list this token on Binance.

Well, I am at 60 % of investment value. It has been the worst investment of this half of the year.  Grin

Btw. Just hodling now ..
member
Activity: 74
Merit: 10
Im also bought tokens for expencive price  Undecided
I cant not understand, why devs cant add this tokens to any good exchange? They have a lot of money

They don't care. They prefer banning people that are asking questions in the Telegram group.
hero member
Activity: 1610
Merit: 508
Im also bought tokens for expencive price  Undecided
I cant not understand, why devs cant add this tokens to any good exchange? They have a lot of money
hero member
Activity: 966
Merit: 501
Rate going down in 2 times under ICO price ((
I think they must decline this stupid lottery and make trully fair nodes for everyone. And than price will be growing up again

Not 2 times, rate of the project now in ICO price = 7 cent. But I agree with you. Something is definitely wrong. The activities of the team led to the project being so worthless.

I do not think the project is definitely a bad or scam project. If the team done correct works, the value can increase very quickly.

I bought this tokens for 0.0005 ETH. And now price 0.0002
Even more that 2 times  Undecided
I am also in this situation. Maybe we should just forget about it for a while.
full member
Activity: 168
Merit: 100
Rate going down in 2 times under ICO price ((
I think they must decline this stupid lottery and make trully fair nodes for everyone. And than price will be growing up again

Not 2 times, rate of the project now in ICO price = 7 cent. But I agree with you. Something is definitely wrong. The activities of the team led to the project being so worthless.

I do not think the project is definitely a bad or scam project. If the team done correct works, the value can increase very quickly.

I bought this tokens for 0.0005 ETH. And now price 0.0002
Even more that 2 times  Undecided
member
Activity: 98
Merit: 10
lots of ppl leaving the boat at the moment .. driving price close to 5c
full member
Activity: 350
Merit: 110
Rate going down in 2 times under ICO price ((
I think they must decline this stupid lottery and make trully fair nodes for everyone. And than price will be growing up again

Not 2 times, rate of the project now in ICO price = 7 cent. But I agree with you. Something is definitely wrong. The activities of the team led to the project being so worthless.

I do not think the project is definitely a bad or scam project. If the team done correct works, the value can increase very quickly.
full member
Activity: 168
Merit: 100
Rate going down in 2 times under ICO price ((
I think they must decline this stupid lottery and make trully fair nodes for everyone. And than price will be growing up again
newbie
Activity: 36
Merit: 0
FABULOUS CONCEPT.GREAT IDEA
BUT IT IS SAFE FOR FURTHER USE?

THANKS FOR SHARING THIS THREAD.
member
Activity: 98
Merit: 10
price will continue to sink for sure until team comes up with real solution for the nodes and let investors utilize unlimited number of nodes.



The price in the short time was 4 times higher. Those who did not sell could have regretted it. but I still believe that it will rise. The lesson should be taken and acted accordingly.

Yes. Nothing happens with this coin.
I took my loss, and moved on something better.

I'm not saying that coin is bad .. just too many things going on that are not working in favor for tnt / also btc forking again - that will make plenty of alt coins holder move to btc and hold until fork / most of investors are pretty much sure that they will profit from this fork again ...
full member
Activity: 308
Merit: 101
These packets fly
is this scam? everyday price dumps

That's like saying, "Is a hurricane coming? It rains a lot here".
newbie
Activity: 53
Merit: 0
is this scam? everyday price dumps
full member
Activity: 336
Merit: 101
price will continue to sink for sure until team comes up with real solution for the nodes and let investors utilize unlimited number of nodes.



The price in the short time was 4 times higher. Those who did not sell could have regretted it. but I still believe that it will rise. The lesson should be taken and acted accordingly.

Yes. Nothing happens with this coin.
I took my loss, and moved on something better.
newbie
Activity: 2
Merit: 0
I'm interested in running a masternode. The minimum tokens required are 5000 TNT, but I read that it is subject to change... Should I wait or is it a good time to enter?  Undecided
member
Activity: 74
Merit: 10
I am down almost 50% now ... I hope the team gets their shit together, come up with a technical solution and list this token on Binance.
full member
Activity: 336
Merit: 100
price will continue to sink for sure until team comes up with real solution for the nodes and let investors utilize unlimited number of nodes.



The price in the short time was 4 times higher. Those who did not sell could have regretted it. but I still believe that it will rise. The lesson should be taken and acted accordingly.
member
Activity: 98
Merit: 10
price will continue to sink for sure until team comes up with real solution for the nodes and let investors utilize unlimited number of nodes.

hero member
Activity: 630
Merit: 503
Lottery system makes the projects value worthless. I have tierion tokens but not use lottery system. If you enter the exchanges in this way, the value may not increase. What do you think about it?

I agree, lottery system is the only thing that stops me from running a terion node. I hope they will come up with a solution soon

I read a news about the lottery system being stopped. I hope so. Lotto system prevents the development of the project. Maybe it can start again after a certain time. But then this is not the time.

I hope, it have been stopped. A coin that rises to the top of the ico price, how it can fall to below ico price in such a short time. The project team needs to find the answer and move fast accordingly.
newbie
Activity: 4
Merit: 0
I followed the tierion telegram, here is some clarification of what happened.

There was a "lottery" reward system, of 6537 TNT attributed to one random node every 30 minutes.
With a low number of nodes, this was very appealing, having more nodes increases winning stats.

That meant for long term investors, that they could leverage their investment - if you invested 50k$ in tierion, you could spawn 200 nodes, with a VPS at 5$ per month, cost of leveraging investment was only 1%... so why not.

Add to this that it is easy to write a script for the automation of nodes (I shared one at https://github.com/jupiter126/updatetierionnodes) - and have been reported it was used to spawn at least 500 nodes...

Hence many people started spawing many nodes, the count reaching over 10000 in 2 weeks of mainnet launch.

Now the thing is that tierion did not expect such a rise in the number of nodes.  On the one hand, the internal infrastructure of tierion was not ready to handle this kind of volume, while on the other hand so many people competing for rewards and testing the software uncovered a few bugs.

With those bugs being exploited in the wild, many node operators complained - hence tierion asked node operators to temporarily downsize their network to one node, and disabled the rewards for the time being.

My bet is that once Tierion has addressed those infrastructure issues and critical bugs, the network will return to "normal operations", reenabling rewards and telling nodeoperators to run as many nodes as they want.
__________________
Edit: The attack described in a post above goes as following:
chainpoint-cli can be used on any computer
chainpoint-node is the node

To run the node, you some TNT, AND some credits, each time one chainpoint-cli sends a hash requests to a node, the node submits it to core and spends one credit.
With the IP's of nodes available through the API, it was very easy for anybody to write a script, sending hash requests to a node, to deplete it from its credits.
Right now, credits are free, and Tierion tops up all nodes every 24 hours, so this attack became pointless.  This is a temporary situation though, as credits sales to node operators seems to be Tierion's main revenue source.  This attack would allow to spend a competitors money in the worst case, and in the best case disrupt his node by getting his TNT balance lower than the requirement limit.  So yes the attack is DDOSING the network is done at node operators cost, not the attacker.
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