Topic: [ANN]ChronoLogic - Proof-of-Time token on Ethereum - page 7. (Read 45343 times)

Thanks for your reply, but I still don't know how all this works.
What is a timemint? Why are there YESTERDAY tokens and are they different than DAY tokens?

In my opinion it is really worth keeping . Several reasons will make sense to you. First you have enough tokens to be a timenode where in your Day tokens are tasked to execute future or scheduled transactions for the EAC protocol. Second with the Day token's limited supply rest assured that your token will be worthy because of rarity factor. Last would be its role in the Ethereum ecosystem is essential to the development of it.

Probably not the first guy asking this, but can someone explain the whole idea like I am a 6 years old.
I bought some day tokens back at the ico and now I don't know if it's worth keeping them or selling them?

I have 788 DAY tokens at the original purchasing address + 254 YESTERDAY tokens, which I seem to have moved from the original address to a new address.

So how did the webinar has gone through? Hope that there is a recorded session on official YouTube channel of chronologic. I believe it was about an in depth explanation on MyCrypto wallet integration as to how Day tokens would be used to execute a scheduled transaction.

Q: Hi, I'd like to know if I can sell my TimeMint another way than having 8888 Day tokens.
A: Unfortunately no.

[edit: below 6 questions are about the conditional scheduling feature as being presented in the first part of the webinar] :

Q: Conditional scheduling can potentially be used for all decentralized exchanges
A: Precisely

Q: Nice. Market it as IFTTT (if-this-then-that) for crypto
A: That is a valid suggestion

Q: No priorities for timemint holders?
A: Claiming Mechaninsm, does that

Q: So will Time Mint holders have an advantage?
A: Yes, they will

Q: Also timemint?
A: Including TimeMint

Q: or just day amount?
A: both factors are put into consideration

[edit: below questions are about timenodes and the EAC in general and the ether/erc20 token scheduling feature as being presented in the rest of the webinar] :

Q: Do I have to use metamask when proving day token ownership to set up a timenode. Can I prove direct from a hardware wallet?
A: You should be able to prove using your hardware wallet, from mycrypto. The process uses a signed message from the address holding DAY. So you might be able to do so either way.

Q: Process did not work when signing direct from trezor
A: Kindly create an Issue on github, describing your experience, and we would get on it

Q: Can an existing Trezor account set up with MyEtherWallet.com access MyCrypto? My Timemint is tied to a Trezor / MEW address
A: Yes, you only need to sign a proof for your MEW address, from your Trezor

Q: When mainnet?
A: We are still waiting on the security audit, it might take up to 10 weeks

Q: Often ICOs require to whitelist an ETH address for participation to get the ERC20 token. This problem is unsolvable to EAC, isn't it?
A: The process would be to whitelist the generated schedule contract

Q: Is there any EAC V2 timenode version we can test? Especially CLI version... eac-js.cli on github seems to be outdated
A: Answered Live !!!

Q: How safe is EAC atm? A bullet-proof security audit would be essential before release EAC to the main net. And even then, declared clearly as BETA with use by own risk. One big issue on main net could kill the whole project.
A: We have begun an extensive security audit.

Q: Is there a plan to go out from Ethereum space with chronologic? I mean bring it into a cross chain environment?
A: Actually we are discussing this internally

Q: What is the advantage of having a time mint over just holding just 333Day.
A: You get priority claiming as a timenode [edit: i think he meant "as a timemint"]

Q: Looking further ahead - i presume companies could use the eth alarm clock for payment of stock dividends? Would this have to be paid in ETH? or could it be set for any fiat currency?
A: Only in ERC20 or ETH at the moment.

Q: Cool! Excited to hear about upcoming partnerships and who is catching on to the value here
A: We would update as we have confirmed partnerships

Q: keeping a trezor connected as a time node defeats the point of having a hard wallet
A: That is not a planned implementation, presently

Q: Will it be possible to link more than 1 timemint to a timenode? (in order to create a sort of timenode pool?)
A: we are looking at ways to implement that

really believe in this project, now with new exchanges have a better volume and new investors, I see that we have a very small amount of DAY in the exchanges, and a sign that many are in HOLD.

for people who are here mainly for an investment and at the moment(how knows;)) dont plan to do a own dapp-project- will i have to do something to earn the faucets in the future? or can i just keep my day in my timemint and let the time pass for more reward? Or will i need something like a 24/7 wallet to provide stability or get rewards?
thanks guys

ok sorry for late response, I wasn't using metamask at all I was using MEW by changing it at kovan simply.
I will try metamask later but I will need to transfer my DAY tokens from minting adress to a metamask adress ? :/
thanks for help