On Timereum (TME) I've doubled my money and it hasn't even got started...
Which exchange is selling TME? I want to get in before everyone notices this little gem and the actual action starts. 
Topic: [ANN] TIMEREUM (TME) VERSION 2.0: "ELIXIR" (ELIX) RELEASED (NEW THREAD) - page 53. (Read 126691 times)
August 15, 2017, 08:43:22 PM
August 15, 2017, 07:22:27 PM
Here's what really got me excited about this currency when reading one of the papers:
In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
You should not be confuse this is great opportunity for anyone . In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
For this to be a great opportunity people have to understand it, which starts with people like you explaining it to people like me that don't understand the opportunity. Hopefully you or someone else can clear it up for me.
The preface is mainly a comment on ways to reduce or redirect energy use.
The lending system will be a new smart contract token that uses a similar mining system to TME. TME will be able to be burned and converted to this new currency at a conversion ratio. This will increase the value per TME. Anyone will be able to mine the new token, regardless of whether they bought the token on an exchange or converted TME. TME genesis holders will have certain privileges concerning the conversion of non-mined TME batches.
TME will also be convertible to future projects after the lending service. You can think of TME as the token that lays the conceptual groundwork for many more services, and which can be converted into holdings of them in the future.
The mining system with the new token is one and the same with the lending service. When a borrower and a lender complete a successful loan or the borrower pays off an installment, both parties will benefit. You can read about specific examples here.
There are precautions put in place to prevent infinite mining, and ETH collateral will be able to be posted by the borrower if desired.
Thanks for the reply. So I'm putting money into TME to eventually be able to either convert it to other applications into the future (which the next coin will allow everyone to mine it sounds like) or I could keep it and since TME is burned, the value should go up since other people are putting their TME in these tokens. Think I got it, interesting.
August 15, 2017, 07:13:50 PM
On Timereum (TME) I've doubled my money and it hasn't even got started...
August 15, 2017, 07:08:54 PM
Here's what really got me excited about this currency when reading one of the papers:
In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
You should not be confuse this is great opportunity for anyone . In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
For this to be a great opportunity people have to understand it, which starts with people like you explaining it to people like me that don't understand the opportunity. Hopefully you or someone else can clear it up for me.
The preface is mainly a comment on ways to reduce or redirect energy use.
The lending system will be a new smart contract token that uses a similar mining system to TME. TME will be able to be burned and converted to this new currency at a conversion ratio. This will increase the value per TME. Anyone will be able to mine the new token, regardless of whether they bought the token on an exchange or converted TME. TME genesis holders will have certain privileges concerning the conversion of non-mined TME batches.
TME will also be convertible to future projects after the lending service. You can think of TME as the token that lays the conceptual groundwork for many more services, and which can be converted into holdings of them in the future.
The mining system with the new token is one and the same with the lending service. When a borrower and a lender complete a successful loan or the borrower pays off an installment, both parties will benefit. You can read about specific examples here.
There are precautions put in place to prevent infinite mining, and ETH collateral will be able to be posted by the borrower if desired.
August 15, 2017, 07:01:43 PM
we can despoit TME to novaexchange now?
I hope TME will be locked for week.
The problem is with MEW as the tokens cannot be seen, i can see only ZRX token
August 15, 2017, 07:00:24 PM
It could be nice if someone competent could make a video and explain this promising coin to unfamiliar people with this tech like me.I am pretty sure...there are a lot in my case.
August 15, 2017, 06:38:00 PM
we can despoit TME to novaexchange now?
I hope TME will be locked for week.
August 15, 2017, 06:36:33 PM
Any update on the development of this project? Whats the dev currently been working on? Any news as far as new logo design goes?
August 15, 2017, 06:34:45 PM
Here's what really got me excited about this currency when reading one of the papers:
In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
You should not be confuse this is great opportunity for anyone . In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
For this to be a great opportunity people have to understand it, which starts with people like you explaining it to people like me that don't understand the opportunity. Hopefully you or someone else can clear it up for me.
August 15, 2017, 06:32:17 PM
we can despoit TME to novaexchange now?
August 15, 2017, 06:27:24 PM
Here's what really got me excited about this currency when reading one of the papers:
In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
You should not be confuse this is great opportunity for anyone . In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
August 15, 2017, 06:08:16 PM
Here's what really got me excited about this currency when reading one of the papers:
In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
In the early days, cryptocurrencies were mined through hashing power. Since the release of Bitcoin, this hashing power has used a tremendous amount of energy and has resulted in large miners controlling a majority say in future developments of the currency. Timereum is trying to fix some of these issues by creating a new type of mining system called proof of completion (POC). Is this statement even correct? It's really only doing it for smart contracts, not competing with Bitcoin, correct? Maybe I'm missing something.
Where I'm also confused
- Awesome, so we have POC system. But really the only people that can mine are the people that got in early with the airdrop (correct me if I'm wrong). So if I buy up TME on an exchange, I can't mine it, which gets rid of the coolness factor of the coin for me as a holder correct? I'm just holding on for value and really nothing else. I get none of the advantages of the people that got the coin from the airdrop.
- Here's a direct quote from the dev, "This coin can be used as a base token to create many more coins and manually generating contracts." this has me even more confused. Can someone explain what are some examples of good uses for this coin vs say Bitcoin? Why are the advantages and disadvantages, dumb this down for me (is this just a way to replace lending services, or is that just one of the features). After trying to go through all the papers more than once, I see some cool possibilities, but I'm not connecting the dots.
August 15, 2017, 05:41:50 PM
hey Timereum has taken off! congratz to the dev team. Things has gone very fast
August 15, 2017, 04:35:48 PM
Awesome - great to see the token getting off the ground ! The chart on nova looks great and the dev is also doing great. I will hold my bag 
That's the great thing about airdrops. Dev gives you a bag and you sit back and enjoy the ride. This can dump to 1 satoshi and I wouldn't care. I'd still get to buy a can of Old Milwaukee from my 13k satoshis.
Right now I'm sitting on 1000 cans of Old Milwaukee.
YOLO. No regrets. HODL.
August 15, 2017, 04:32:11 PM
Is there a telegram group for this coin?
http://t.me/Timereum
Simply taking a look at the OP seems not so difficult.
Yup- my bad. Got it. Cool project here.
August 15, 2017, 04:25:29 PM
Is there a telegram group for this coin?
http://t.me/Timereum
Simply taking a look at the OP seems not so difficult.
August 15, 2017, 04:21:18 PM
Is there a telegram group for this coin?
August 15, 2017, 03:46:31 PM
Someone please explain how "mining" works.Yearsterday i see about 5kk coin circulation, but now its more than 6kk. Its dupe or what? i a bit scared because inflation can kill coin very fast.
Can someone answer please about inflation of the coin ? thx
Read the whitepaper. Every genesis address owner can create (mine) 10 batches of coins in his lifetime. Currently 1 batch size is 1278 coins. I have an address and I can mine 12780 coins if I create all the batches today. I can wait 10 years and every batch will hold 5000 coins (10 batches = 50000).
1 million coins is about 78 addresses. it means 78 people yesterday have triggered all 10 batches in their wallets.
Thanks, I really didn't know the complete details until recently. I joined the airdrop last minute and didn't do much research on it. I'll do a batch today and send to Nova.
Nova wallet Timereum is on maintenance. Better wait until the wallet run and do the batch then so get more coins
August 15, 2017, 03:34:30 PM
Someone please explain how "mining" works.Yearsterday i see about 5kk coin circulation, but now its more than 6kk. Its dupe or what? i a bit scared because inflation can kill coin very fast.
Can someone answer please about inflation of the coin ? thx
Read the whitepaper. Every genesis address owner can create (mine) 10 batches of coins in his lifetime. Currently 1 batch size is 1278 coins. I have an address and I can mine 12780 coins if I create all the batches today. I can wait 10 years and every batch will hold 5000 coins (10 batches = 50000).
1 million coins is about 78 addresses. it means 78 people yesterday have triggered all 10 batches in their wallets.
Thanks, I really didn't know the complete details until recently. I joined the airdrop last minute and didn't do much research on it. I'll do a batch today and send to Nova.
August 15, 2017, 03:34:23 PM
Seems I can't access the tokens at myetherwallet. It does show ether as gas, but tokens are "loading" for a long time.
I'm facing the same issue.
Tried to use some other nodes but still can't show the sole TME my child address currently owns.
Is it fixed on your side? Which node did you select?
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