[ANN]ChronoLogic - Proof-of-Time token on Ethereum - page 46.

ChronoLogic

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Quote from: techiedj on August 11, 2017, 12:09:54 PM

If I already donate 1 ETH during precontribution can I send/deposit more ETH as long as it comes from the same original wallet address that was reserved as TimeMint? I would like to start out with more DAY in my Mint.

Sure, it would work if you used the same address.

ChronoLogic

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Meet ChronoLogic, Webinar with Q&A starting in 30 minutes.

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techiedj

newbie

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If I already donate 1 ETH during precontribution can I send/deposit more ETH as long as it comes from the same original wallet address that was reserved as TimeMint? I would like to start out with more DAY in my Mint.

ChronoLogic

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Activity: 70

Merit: 10

Quote from: inashed on August 10, 2017, 03:19:01 PM

One question, if having a timemint give you X coins per day, based at chronopower, halving rule and amount of coins you have, how the mining (the security one, not the "more coins created or distributed" one) is done?

It is all smart contracts based.

Quote from: amintek15 on August 11, 2017, 01:07:07 AM

Quote from: jwiz168 on August 10, 2017, 07:17:42 PM

Hopefully dev may release the list of addresses that are allocated for TimeMint. In order for us to verify if we had qualified or not.

from what I understand, if you have enough time to invest in ICO you are sure to get some TimeMint (min 0,5% of chronopower), the chronopower will decrease with your invest time ( if you are a verry early investor, before others, you will get more chronopower). correct me if I'm wrong please

It is pretty much exact. Basically there is a Chronopower curve from the first TimeMints to the last, as in 1th TimeMint get 1%. And last TimeMint get 0.5% (TimeMint 3333th in that case).

amintek15

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Quote from: jwiz168 on August 10, 2017, 07:17:42 PM

Hopefully dev may release the list of addresses that are allocated for TimeMint. In order for us to verify if we had qualified or not.

from what I understand, if you have enough time to invest in ICO you are sure to get some TimeMint (min 0,5% of chronopower), the chronopower will decrease with your invest time ( if you are a verry early investor, before others, you will get more chronopower). correct me if I'm wrong please

jwiz168

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Hopefully dev may release the list of addresses that are allocated for TimeMint. In order for us to verify if we had qualified or not.

wildbud

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Activity: 280

Merit: 250

Quote from: ChronoLogic on August 06, 2017, 05:08:13 PM

Quote from: tayrey on August 06, 2017, 02:29:52 PM

Can I still purchase more with pre contribution thingy ?

Yes, It's still open.

Thanks hope buy couple asap.

Kishan748

full member

Activity: 330

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I think project has unique idea and it all depends on how you can execute it and start making it reality

inashed

jr. member

Activity: 89

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One question, if having a timemint give you X coins per day, based at chronopower, halving rule and amount of coins you have, how the mining (the security one, not the "more coins created or distributed" one) is done?

amintek15

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Activity: 770

Merit: 251

Quote from: ChronoLogic on August 10, 2017, 07:54:13 AM

Quote from: amintek15 on August 09, 2017, 11:06:19 AM

Hello, I can't wait the ICO it can be verry usefull in the future imo ! awesome idea !

However I still don't understand everything..:

first question: if I buy for example 1000 DAYs and my chronopower is 0,5%, that means if I hold this 1000 DAYs on my eth wallet I will receive 5 tokens /day right ? and If I immediately sell 500DAYs I will continue to receive half of this tokens wich means 2,5 tokens /day right ?

second question: If someone buys DAYs tokens on exchange, if he want to hold them to receive more days he will need to buy some TimeMint from someone to be linked with it right ??

Thanks for response !

First question :

In your first example, you got it right, but obviously it is also dependant of ChronoPower which will halves every 88 days.

Second question :

Yes, if the person wants to use the benefits from TimeMints, he will need to get a TimeMint, or be able to use a TimeMint a way or another at least.

okk thanks ! also ppl who got 1% chronopower can just hold their tokens and even when their power is halve they will still earn the same amount of tokens since after first period of holding they should have 2x more tokens than initially bought. thats makes things clear ! next step: getting max chronopower ! ^^

ChronoLogic

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Activity: 70

Merit: 10

Quote from: amintek15 on August 09, 2017, 11:06:19 AM

Hello, I can't wait the ICO it can be verry usefull in the future imo ! awesome idea !

However I still don't understand everything..:

first question: if I buy for example 1000 DAYs and my chronopower is 0,5%, that means if I hold this 1000 DAYs on my eth wallet I will receive 5 tokens /day right ? and If I immediately sell 500DAYs I will continue to receive half of this tokens wich means 2,5 tokens /day right ?

second question: If someone buys DAYs tokens on exchange, if he want to hold them to receive more days he will need to buy some TimeMint from someone to be linked with it right ??

Thanks for response !

First question :

In your first example, you got it right, but obviously it is also dependant of ChronoPower which will halves every 88 days.

Second question :

Yes, if the person wants to use the benefits from TimeMints, he will need to get a TimeMint, or be able to use a TimeMint a way or another at least.

amintek15

sr. member

Activity: 770

Merit: 251

Hello, I can't wait the ICO it can be verry usefull in the future imo ! awesome idea !

However I still don't understand everything..:

first question: if I buy for example 1000 DAYs and my chronopower is 0,5%, that means if I hold this 1000 DAYs on my eth wallet I will receive 5 tokens /day right ? and If I immediately sell 500DAYs I will continue to receive half of this tokens wich means 2,5 tokens /day right ?

second question: If someone buys DAYs tokens on exchange, if he want to hold them to receive more days he will need to buy some TimeMint from someone to be linked with it right ??

Thanks for response !

ChronoLogic

member

Activity: 70

Merit: 10

Quote from: Rjs1956 on August 08, 2017, 07:09:51 AM

Hello ChronoLogic Team,

in one of your previous posts you told us, that we need to own an address on which we own the private key, which is tied to our TimeMint that will generate DAY tokens for us.

On Myetherwallet they suggest to use a hardware wallet like Ledger Nano S or TREZOR.

Is it possible to use these kind of hardware wallets to self mine Day Tokens?
Are there any peculiarities that I have to take into consideration if doing so?

Thanks a lot for your help!

Since you can import your ledger / Trezor keys in wallets such as myetherwallet, there should be no problem to do so.
As long as the ETH address you participate with that is tied to your TimeMint is in your possesion (private key), and is the ledger /trezor addess.

dimatu

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Activity: 90

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Quote from: jwiz168 on August 08, 2017, 07:55:17 PM

From the chronologic official slack channel devs and enthusiasts are discussing about TimeMint if it had a rate of 1% it will about to produce DAY tokens on daily basis. I recently did an spreadsheet calculation of compounding interest and the results were promising.

Yes I did that too, i like what I see, i like full timemint

)

jwiz168

hero member

Activity: 910

Merit: 1000

From the chronologic official slack channel devs and enthusiasts are discussing about TimeMint if it had a rate of 1% it will about to produce DAY tokens on daily basis. I recently did a spreadsheet calculation of compounding interest and the results were promising.

Porfirii

legendary

Activity: 1932

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The Alliance Of Bitcointalk Translators - ENG>SPA

ANN Thread now available in Spanish too: https://bitcointalksearch.org/topic/annico-chronologic-token-proof-of-time-pot-en-ethereum-2074619

Wink

Rjs1956

newbie

Activity: 1

Merit: 0

Hello ChronoLogic Team,

in one of your previous posts you told us, that we need to own an address on which we own the private key, which is tied to our TimeMint that will generate DAY tokens for us.

On Myetherwallet they suggest to use a hardware wallet like Ledger Nano S or TREZOR.

Is it possible to use these kind of hardware wallets to self mine Day Tokens?
Are there any peculiarities that I have to take into consideration if doing so?

Thanks a lot for your help!

ChronoLogic

member

Activity: 70

Merit: 10

No connection to ChronoBank at all.

Quote from: nelson4lov on August 08, 2017, 05:18:04 AM

Several Concepts of the project is saying something about Chronobank. So I'd like to ask If Chronlogic is a subsidiary of Chronobank or if it has any connection to the Chronobank project ?

MoneyJ

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Activity: 1022

Merit: 504

GoMeat - Digitalizing Meat Stores - ICO

An interesting project that involves time . We all know that time cannot be reverse or take it back. If you wasted time , you cant take it back unlike money. So time is precious and I really want this project to be supported.

nelson4lov

hero member

Activity: 2212

Merit: 805

Top Crypto Casino

Several Concepts of the project is saying something about Chronobank. So I'd like to ask If Chronlogic is a subsidiary of Chronobank or if it has any connection to the Chronobank project ?

Topic: [ANN]ChronoLogic - Proof-of-Time token on Ethereum - page 46. (Read 45343 times)