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Topic: 🔥🔥🔥 [ANN][ICO] BITFENCE - REMOVE HACKERS FROM YOUR NETWORK - page 69. (Read 30058 times)

member
Activity: 672
Merit: 11
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

This is pretty standard for alot of ERC-20 tokens.  The contract generate them on purchase upto the maximum supply.

Yep it avoids the need to burn tokens or coins after the sale is complete it’s a cleaner way of dealing with generation that’s easily auditable as you can see every single token that was generated and how it was allocated

You're absolutely right, this is like a controlled healthy approach to distribution that has little or no effect on the project and the best part is, any effect of dumping will be minimal, as it will not really affect the total circulation of the token since they already have zero amount left after distribution, this is absolutely brilliant
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
BitFence miners can automatically detect and advises suspicious cyber related activities. They are also creating hacker-proof solution for businesses and end-users.

Miners are earning good money, and now they will detect hackers Smiley. They will be even more happy, because they will help this world to be a better world, and are earning for it.
Guys, Now I understand this project but still have few confusions here, like Bitfence can protect our systems from hackers. But Bitfence will protect our system from scammers also?
Don't be confused. Hackers and scammers both are two different things. Bitfence is protecting systems from hackers. We cannot identify  scammers.

The difference between a hacker and a scammer is, a hacker when break into your PC and steal your crypto, a scammer will ask you to login to their website, or invest in their 'ICO'.  Bitfence can't defend against that, people need to do their own due diligence, and realize that if something seems it's too good to be true, it usually is.

Well said man, I think the focus should be on hackers not scammers as a scammer only have access to your assets if you allow the suppose individual by sharing valuable information while hackers take your assets while all information are safely intact which is very scary.

I think the term "scammers" and "hackers" are often use interchangeably, i also would suggest that bitfence should come with a kind of education package in the form of video that clearly differentiate between an "hacker" and "scammer"
member
Activity: 490
Merit: 10
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

This is pretty standard for alot of ERC-20 tokens.  The contract generate them on purchase upto the maximum supply.

Yep it avoids the need to burn tokens or coins after the sale is complete it’s a cleaner way of dealing with generation that’s easily auditable as you can see every single token that was generated and how it was allocated

I think the only draw back with this is that the total supply would only be determined at a later stage making it a bit hard making a proper distribution of tokens. for example say 70% of token to be sold and others will be distributed according to a given plan; when you generate the token after the sale this process would most likely be hectic.
full member
Activity: 546
Merit: 106
Bountyhive.io
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

This is pretty standard for alot of ERC-20 tokens.  The contract generate them on purchase upto the maximum supply.

Yep it avoids the need to burn tokens or coins after the sale is complete it’s a cleaner way of dealing with generation that’s easily auditable as you can see every single token that was generated and how it was allocated
hero member
Activity: 1274
Merit: 646
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?

This is pretty standard for alot of ERC-20 tokens.  The contract generate them on purchase upto the maximum supply.
member
Activity: 252
Merit: 11
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

I prefer the pattern Bitfence employs for token purchase, like rathaha said no too much amount of token generated by so doing there will be no room for unsold tokens which normally gives me worries.
I think that even if there were unsold tokens than a token burn would help that and it will also increase the price of the tokens.

I dont think it would increase the price of tokens, the only way price can increase if people are placing buy offers after listing on exchange. Sure, people might be incentivized to do so when they know there are less tokens in circulation, but I think that as a consequence of token burning the main reason why the price would go up is because of reduced amount of sale offers
newbie
Activity: 182
Merit: 0
BitFence miners can automatically detect and advises suspicious cyber related activities. They are also creating hacker-proof solution for businesses and end-users.

Miners are earning good money, and now they will detect hackers Smiley. They will be even more happy, because they will help this world to be a better world, and are earning for it.
Guys, Now I understand this project but still have few confusions here, like Bitfence can protect our systems from hackers. But Bitfence will protect our system from scammers also?
Don't be confused. Hackers and scammers both are two different things. Bitfence is protecting systems from hackers. We cannot identify  scammers.

The difference between a hacker and a scammer is, a hacker when break into your PC and steal your crypto, a scammer will ask you to login to their website, or invest in their 'ICO'.  Bitfence can't defend against that, people need to do their own due diligence, and realize that if something seems it's too good to be true, it usually is.

Well said man, I think the focus should be on hackers not scammers as a scammer only have access to your assets if you allow the suppose individual by sharing valuable information while hackers take your assets while all information are safely intact which is very scary.
member
Activity: 728
Merit: 10
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply?
member
Activity: 490
Merit: 10
There's a video interview happening later, if anyone has any questions for the team id advise popping into the telegram channel here: https://t.me/bitfence and asking, they'll be included in the video  Grin
When is it ? Who has questions I want to ask the BITFENCE development team.

It's just happened, so you've just missed it sadly, link to the interview is here: https://www.youtube.com/watch?v=SVIp6GgxlVA&feature=em-uploademail


I've also wrote an article which is a basis on the project here: https://medium.com/@darkoth89/bitfence-an-overview-of-the-decentralized-threat-management-platform-7bc1519e93d7

One very intriguing part of the write up is where it was clearly stated that as long as any of our device is connected to the internet, it means we are actually exposed to cyber threats all round wow  Shocked, cyber threat is actually really a big deal as millions of dollars has been lost to this modern day problem, gladly bitfence is taking care of the very minimal form of device

You are right, is actually a big threat, no one is safe when it comes to cyber crime, that's why i usually go with projects that tend to solve a critical problem, such as this, the damage that can be caused by a single cyber attack can lead to lose of money and even lives, that's why Bitfence is needed, to actually relieve the populace of such attacks

Security in the blockchain is long over due and projects like bitfence is bringing a new kind of relief to the ecosystem, long before now the fear peeps have of the blockchain and still do have is the fear of being hacked and in the last one year or so there have been different security project springing up which gives us a lot of confidence already - good work bitfence i'm here for a very long ride

I think the blockchain is quite secure that is why it is used as a possible solution. What bitfence has that is different is the collaboration aspect of various miners. Mining as we know it today is quite costly especially when it comes to electricity consumption; bitfence does it differently you can mine using a PI.
newbie
Activity: 392
Merit: 0
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

I prefer the pattern Bitfence employs for token purchase, like rathaha said no too much amount of token generated by so doing there will be no room for unsold tokens which normally gives me worries.
I think that even if there were unsold tokens than a token burn would help that and it will also increase the price of the tokens.
But is this confirmed? They are going to burn unsold tokens? How many tokens generated for overall ICO?
full member
Activity: 448
Merit: 110
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

I prefer the pattern Bitfence employs for token purchase, like rathaha said no too much amount of token generated by so doing there will be no room for unsold tokens which normally gives me worries.
I think that even if there were unsold tokens than a token burn would help that and it will also increase the price of the tokens.
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
There's a video interview happening later, if anyone has any questions for the team id advise popping into the telegram channel here: https://t.me/bitfence and asking, they'll be included in the video  Grin
When is it ? Who has questions I want to ask the BITFENCE development team.

It's just happened, so you've just missed it sadly, link to the interview is here: https://www.youtube.com/watch?v=SVIp6GgxlVA&feature=em-uploademail


I've also wrote an article which is a basis on the project here: https://medium.com/@darkoth89/bitfence-an-overview-of-the-decentralized-threat-management-platform-7bc1519e93d7

One very intriguing part of the write up is where it was clearly stated that as long as any of our device is connected to the internet, it means we are actually exposed to cyber threats all round wow  Shocked, cyber threat is actually really a big deal as millions of dollars has been lost to this modern day problem, gladly bitfence is taking care of the very minimal form of device

You are right, is actually a big threat, no one is safe when it comes to cyber crime, that's why i usually go with projects that tend to solve a critical problem, such as this, the damage that can be caused by a single cyber attack can lead to lose of money and even lives, that's why Bitfence is needed, to actually relieve the populace of such attacks

Security in the blockchain is long over due and projects like bitfence is bringing a new kind of relief to the ecosystem, long before now the fear peeps have of the blockchain and still do have is the fear of being hacked and in the last one year or so there have been different security project springing up which gives us a lot of confidence already - good work bitfence i'm here for a very long ride
newbie
Activity: 182
Merit: 0
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !

I prefer the pattern Bitfence employs for token purchase, like rathaha said no too much amount of token generated by so doing there will be no room for unsold tokens which normally gives me worries.
full member
Activity: 616
Merit: 108
io.ezystayz.com
What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !
newbie
Activity: 392
Merit: 0
By investing in ICO we are getting lots profit but more opportunities we are receiving while ICO running. And Bitfence also offered like that opportunity.

Bitfence launching referral contest! This is your chance to earn triple referral bonus twice! 🤩
BitFence_ referral contest has 2 prizes!


https://twitter.com/BitFence_/status/996125637562851328?s=19

To know more details contact on their telegram channel:
https://t.me/BitFence
Wow, it is really good referral compilation. They will select 20 winners and will announce after ICO. I already have my account with bitfence, I'll never miss this opportunity to get 3X referral bonus. Thanks for the link.
member
Activity: 672
Merit: 11
I have overlooked it on the homepage so far, but for the mining there will be a separate app for windows / mac / linux.
I guess it just runs in the background and while you do other things, you can mine tokens. cool

Are you talking about the protection or the mining? Either case if it is mining i think it is best being on a separate entity especially that it can run on a PI; that would be safer than having it run along side your environment.

You do have a point, though i'm not that conversant with the technology behind the mining part but i feel it may impede like the speed of the entire process if run together with the main software, i maybe wrong though but if they can pull it off by putting all together, then, they should go for it, they know what's best for the project
member
Activity: 490
Merit: 10
I have overlooked it on the homepage so far, but for the mining there will be a separate app for windows / mac / linux.
I guess it just runs in the background and while you do other things, you can mine tokens. cool

Are you talking about the protection or the mining? Either case if it is mining i think it is best being on a separate entity especially that it can run on a PI; that would be safer than having it run along side your environment.
copper member
Activity: 658
Merit: 0
Empowering crypto w/ sustainable energy
By investing in ICO we are getting lots profit but more opportunities we are receiving while ICO running. And Bitfence also offered like that opportunity.

Bitfence launching referral contest! This is your chance to earn triple referral bonus twice! 🤩
BitFence_ referral contest has 2 prizes!


https://twitter.com/BitFence_/status/996125637562851328?s=19

To know more details contact on their telegram channel:
https://t.me/BitFence
member
Activity: 252
Merit: 11
Hey all, I've just posted another BitFence article which goes into the TGE and subscription details, check it out if you liked my last one! https://medium.com/@darkoth89/bitfence-the-numbers-tge-and-subscription-details-df4a94b6a6a2

Good article, the summary gave me a good idea what bitfence is, concise and informative
jr. member
Activity: 406
Merit: 2
I have overlooked it on the homepage so far, but for the mining there will be a separate app for windows / mac / linux.
I guess it just runs in the background and while you do other things, you can mine tokens. cool

You may have missed this also then:

https://patents.justia.com/inventor/vladimir-tereshkov

They are in the process of registering four different patents Wink

4 different patents? Thanks for sharing the link, I was not aware of this patent information. I hope their parent gets approved.
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