[ANN] TIMEREUM (TME) VERSION 2.0: "ELIXIR" (ELIX) RELEASED (NEW THREAD) - page 84.

mt55

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Activity: 490

Merit: 250

Quote from: AweJohn on August 01, 2017, 10:53:55 AM

Quote from: TimereumDev on July 31, 2017, 03:06:08 PM

The Timereum Roadmap is now available. This proposal describes the first real world service provided by manual mining.

This document proposes a system in which both the borrower and
lender are rewarded when the borrower returns a loan. The act of repaying the
loan will be analogous to a trigger from child to parent, except in this system
both the child and parent will earn currency. Miners who do not need loans for
temporary spending can issue loans to themselves by moving tokens between
pairs of addresses. Through the process of issuing and repaying loans, currency
will be generated.

Read The Roadmap Here

Great work with the roadmap dev !

this is some progress I'd say.

AweJohn

full member

Activity: 139

Merit: 100

Quote from: TimereumDev on July 31, 2017, 03:06:08 PM

The Timereum Roadmap is now available. This proposal describes the first real world service provided by manual mining.

This document proposes a system in which both the borrower and
lender are rewarded when the borrower returns a loan. The act of repaying the
loan will be analogous to a trigger from child to parent, except in this system
both the child and parent will earn currency. Miners who do not need loans for
temporary spending can issue loans to themselves by moving tokens between
pairs of addresses. Through the process of issuing and repaying loans, currency
will be generated.

Read The Roadmap Here

Great work with the roadmap dev !

ANTIMANIA

full member

Activity: 420

Merit: 108

How can I use a token of no value? Or is the value of this new token only in the fact that after carrying out manipulations with it, it will be possible to receive an award? The reward will be more than the percentage of credite? If so, what's the point in increasing the number tokens.

JHB3

full member

Activity: 420

Merit: 100

ELIXIR TOKEN

Quote from: mt55 on August 01, 2017, 07:45:43 AM

Quote from: Cloudpost on August 01, 2017, 07:06:27 AM

Dev, the roadmap looks like a WhitePaper actually. It's well written and there's a lot of technical details, but it's not a roadmap.

You can check other big projects and check their roadmap. You need to find a real world application for timerium tokens (pay with timereum for some time-limited services or maybe create these somehow?) + name main stages. If telegram is and slack are ready, add 1) forum 2) community voting progress on cryptopia (I personally will register on official forum and will vote on cryptopia) 3) creating a good-looking OP that will attract more attention 4) create a dontation fund to start bounties on forums (signature\video\blog\whatever), I will also donate 10% of my tokens and I'm sure lots of other supporters will donate too!

Well said, I think you should consider following Cloudpost's advice.

The dev announced that there will be another document with examples. Similar to the one about batch creation and I guess a real roadmap will follow too!

Quote from: TimereumDev on August 01, 2017, 12:15:42 AM

Quote from: freelotus on July 31, 2017, 11:51:04 PM

In the road map a lot of things are not clear. I think it's necessary to explain everything on the block diagram and diagrams. Thank you dev for your work. Good luck!

There will be another writeup of specific examples, just like for batch creation scenarios.

mt55

sr. member

Activity: 490

Merit: 250

Quote from: Cloudpost on August 01, 2017, 07:06:27 AM

Dev, the roadmap looks like a WhitePaper actually. It's well written and there's a lot of technical details, but it's not a roadmap.

You can check other big projects and check their roadmap. You need to find a real world application for timerium tokens (pay with timereum for some time-limited services or maybe create these somehow?) + name main stages. If telegram is and slack are ready, add 1) forum 2) community voting progress on cryptopia (I personally will register on official forum and will vote on cryptopia) 3) creating a good-looking OP that will attract more attention 4) create a dontation fund to start bounties on forums (signature\video\blog\whatever), I will also donate 10% of my tokens and I'm sure lots of other supporters will donate too!

Well said, I think you should consider following Cloudpost's advice.

Cloudpost

hero member

Activity: 742

Merit: 500

Dev, the roadmap looks like a WhitePaper actually. It's well written and there's a lot of technical details, but it's not a roadmap.

You can check other big projects and check their roadmap. You need to find a real world application for timerium tokens (pay with timereum for some time-limited services or maybe create these somehow?) + name main stages. If telegram is and slack are ready, add 1) forum 2) community voting progress on cryptopia (I personally will register on official forum and will vote on cryptopia) 3) creating a good-looking OP that will attract more attention 4) create a dontation fund to start bounties on forums (signature\video\blog\whatever), I will also donate 10% of my tokens and I'm sure lots of other supporters will donate too!

loli974

full member

Activity: 406

Merit: 105

Quote from: TimereumDev on July 31, 2017, 03:06:08 PM

The Timereum Roadmap is now available. This proposal describes the first real world service provided by manual mining.

This document proposes a system in which both the borrower and
lender are rewarded when the borrower returns a loan. The act of repaying the
loan will be analogous to a trigger from child to parent, except in this system
both the child and parent will earn currency. Miners who do not need loans for
temporary spending can issue loans to themselves by moving tokens between
pairs of addresses. Through the process of issuing and repaying loans, currency
will be generated.

Read The Roadmap Here

excellent dev, a great personnal works. thanks for all

JHB3

full member

Activity: 420

Merit: 100

ELIXIR TOKEN

Quote from: JHB3 on July 31, 2017, 09:03:04 PM

Quote from: Adriano2010 on July 31, 2017, 08:22:53 PM

@dev You can add here bitcoin address or ethereum for who want to donate to get listed or on novaexchange or cryptopia or livecoin or on all. We can start gather 0.1 BTC for novaexchange and after we need to get 250 votes to get listed

The dev wrote once:

Quote from: TimereumDev link=topic=2012475.msg20432636#msg20432636

Cryptopia is a good idea. From this link:
https://www.cryptopia.co.nz/Paytopia

At current prices, 200000 DOT is about 1833 dollars.

If the community wants to come together to crowdsource this, I think that is a good idea.

Please talk to me about how you're interested in raising this money. I can provide the timereum account cryptopia deposit addresses, or if you have another method using escrow, tell me more about it. What I want to make sure is that the community finds a way to raise money that is as safe as possible, so I think we should discuss this further.

One thing I've done so far is not asked the community for any money for this project, because I wanted to prove that I'm heavily dedicated and involved in what I'm building. However, if the community wants to come together I fully support that.

so I guess he will add an escrow crowdfunding address soon, as the interest is rising obviously

I don't have any experience with such services.. anyone an idea which one can be used?

This guy offers a personal escrow service and should be trustful.
Link: https://bitcointalksearch.org/topic/ann-sebastianju-legendary-escrow-service-escrowed-over-8150-btc-1102721

Thats just a first attempt, I'm sure there are many other services who could provide the functionality we need!

JHB3

full member

Activity: 420

Merit: 100

ELIXIR TOKEN

Quote from: rmyg5907 on August 01, 2017, 02:13:11 AM

I don't send my TME token to the parent address,
I see the whitepaper which said that the longer time to open the child address token,
you would got more token in the child address
and how much gas would we need to seed the TME for open all the token?
o.o1 eth is enough to open all token for ten time?

0.01 ETH is enough, you will have a lot of ETH left, but I guess you need at least 0.01ETH in your account!

nagatraju

hero member

Activity: 672

Merit: 500

Quote from: TimereumDev on July 31, 2017, 03:06:08 PM

The Timereum Roadmap is now available. This proposal describes the first real world service provided by manual mining.

This document proposes a system in which both the borrower and
lender are rewarded when the borrower returns a loan. The act of repaying the
loan will be analogous to a trigger from child to parent, except in this system
both the child and parent will earn currency. Miners who do not need loans for
temporary spending can issue loans to themselves by moving tokens between
pairs of addresses. Through the process of issuing and repaying loans, currency
will be generated.

Read The Roadmap Here

Really Excellent Road Map.

Rewarding both Borrower and Lender is an nice idea.

Overall the system is good, if you implement as it is.

Thank you very much for the Dev to developing this mind blowing feature.

hansen.ng

sr. member

Activity: 632

Merit: 250

I read the roadmap and I think TME has a bright future. I think this is a first blockchain developed with borrower and lending mechanism in mind. Imagine US debt 21 trillion usd and even if just 1 percent of that belong to blockchain especially TME. We will all be swimming in riches.

rmyg5907

sr. member

Activity: 308

Merit: 250

I don't send my TME token to the parent address,
I see the whitepaper which said that the longer time to open the child address token,
you would got more token in the child address
and how much gas would we need to seed the TME for open all the token?
o.o1 eth is enough to open all token for ten time?

richpress

full member

Activity: 225

Merit: 100

Sr. Web Developer / Msg for work inquiries

Quote from: TimereumDev on August 01, 2017, 12:15:42 AM

Quote from: freelotus on July 31, 2017, 11:51:04 PM

In the road map a lot of things are not clear. I think it's necessary to explain everything on the block diagram and diagrams. Thank you dev for your work. Good luck!

There will be another writeup of specific examples, just like for batch creation scenarios.

I'll be waiting for that because I didn't understand the roadmap whitepaper clearly, specifically the difference between dynamic pairing and if someone could create a dynamic pair with themselves.

thang long

full member

Activity: 294

Merit: 100

Long term holding is where it is at!
Nicely and professionaly written roadmap. Even though I don't get 100% of it, it does indeed look like some sort of banking service.
Where I read ""currency"could that also mean other currency than TME only?

housebtc

sr. member

Activity: 588

Merit: 252

Quote from: TimereumDev on August 01, 2017, 12:15:42 AM

Quote from: freelotus on July 31, 2017, 11:51:04 PM

In the road map a lot of things are not clear. I think it's necessary to explain everything on the block diagram and diagrams. Thank you dev for your work. Good luck!

There will be another writeup of specific examples, just like for batch creation scenarios.

That will be great, there are alot of things on the road map that need to be shed more light on, though I don't always buy into the idea of timeline commitment by the team but if this will make the community to trust the project more it is good, everyone hold TME token only has something to gain in long term

TimereumDev

member

Activity: 84

Merit: 10

Quote from: freelotus on July 31, 2017, 11:51:04 PM

In the road map a lot of things are not clear. I think it's necessary to explain everything on the block diagram and diagrams. Thank you dev for your work. Good luck!

There will be another writeup of specific examples, just like for batch creation scenarios.

TimereumDev

member

Activity: 84

Merit: 10

Quote from: Tonton99 on July 31, 2017, 04:45:45 PM

Quote from: JHB3 on July 31, 2017, 04:13:12 PM

Quote

Owning timereum will be advantageous when this new currency is re- leased. Most likely, timereum will convert or directly translate to this new currency. Address pair holders should not feel the need to create timereum batches prematurely.

@dev Which new currency do you mean?
Is this mining technique you explained not supposed to work with TME but rather with a new currency which is not released now?

So the owners of TME are the central banking system? Let's say the gold that can be converted into the new currency (hence smart contract) that allows lending and borrowing? I assume the new currency is necessary since TME is locked in the blockchain and was not fully programmed to perform the lending task.
To give TME a purpose it should be directly linked with the value of the new coin? Or would it be the case that 1 TME will give you the right to purchase a fixed amount of new currency (call option). Just trying the figure out why this would benefit the current and future holders of TME.

Since the mining and lending process are one and the same, the rewards for the borrower and lender can be higher.

This is a new currency, but TME ownership will determine holdings in this new currency. Conversion of TME to this new currency is also one way to reduce TME inflation. TME may also be used to determine holdings in future projects as well.

freelotus

full member

Activity: 518

Merit: 100

In the road map a lot of things are not clear. I think it's necessary to explain everything on the block diagram and diagrams. Thank you dev for your work. Good luck!

gnurta

member

Activity: 76

Merit: 10

The roadmap is intriguing. As a lender, how can I set interest rate for the loan? More importantly, what will happen if borrower returns the principal but fail to pay that interest?

JHB3

full member

Activity: 420

Merit: 100

ELIXIR TOKEN

Quote from: Adriano2010 on July 31, 2017, 08:22:53 PM

@dev You can add here bitcoin address or ethereum for who want to donate to get listed or on novaexchange or cryptopia or livecoin or on all. We can start gather 0.1 BTC for novaexchange and after we need to get 250 votes to get listed

The dev wrote once:

Quote from: TimereumDev link=topic=2012475.msg20432636#msg20432636

Cryptopia is a good idea. From this link:
https://www.cryptopia.co.nz/Paytopia

At current prices, 200000 DOT is about 1833 dollars.

If the community wants to come together to crowdsource this, I think that is a good idea.

Please talk to me about how you're interested in raising this money. I can provide the timereum account cryptopia deposit addresses, or if you have another method using escrow, tell me more about it. What I want to make sure is that the community finds a way to raise money that is as safe as possible, so I think we should discuss this further.

One thing I've done so far is not asked the community for any money for this project, because I wanted to prove that I'm heavily dedicated and involved in what I'm building. However, if the community wants to come together I fully support that.

so I guess he will add an escrow crowdfunding address soon, as the interest is rising obviously

I don't have any experience with such services.. anyone an idea which one can be used?

Topic: [ANN] TIMEREUM (TME) VERSION 2.0: "ELIXIR" (ELIX) RELEASED (NEW THREAD) - page 84. (Read 126691 times)