Topic: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin - page 278. (Read 315206 times)

Do u guys have a list which shows the hashrate of the top 10 popular smartphones so that the masses know approximately how much hash rate that they are going to get and it would be beneficial for this project. Just my 3 cents worth.

The mobile app is centralized and runs off a twin algorithm that emits coins from the blockchain at approximately the same rate as the full miners based on a CPU benchmark of the phone. This allows the phone to run without getting hot and without using tons of power and bandwidth that previous attempts at phone mining have needed. But remember, they are not bringing blockchain utility, they are bringing a different utility - they are bringing on users at a ridiculously low CPA, and allowing Electroneum to have viral growth.

We’ve combined a decentralized blockchain with a centralized viral marketing app, that encourages the adoption and accumulation of cryptocurrency through “gamifying” the experience. We call it the Mobile Mining Experience. Our blockchain emits coins to our mobile app users for bring a different utility to the blockchain. Electroneum full miners earn the most coins and that runs on Windows, Linux and Mac computers. They bring the utility of blockchain administration and are rewarded with Electroneum coins. The mobile miners bring the utility of viral marketing to Electroneum and are awarded with a number (smaller) of Electroneum coins for doing so. It's done in a way that encourages app usage. We've essentially gamified the mining experience, making it appeal to mobile computer gamers (there are over 2 billion of them!).

As for the mobile mining, do you have dater in regards to sustainability? Could it destroy the phone over time? Or is the load the phone has to cope with reasonable?

great interview with Finance Magnates

Industry Poised to Welcome Newest Cryptocurrency, Electroneum

Electroneum features a gamified mining experience for users, which will kick off a crowd sale later this week.

http://www.financemagnates.com/thought-leadership/industry-poised-welcome-newest-cryptocurrency-electroneum/

We are now getting really close. Register before so you can buy exactly when it is open if you plan to buy.

If you already know you want them, buy as soon as they become available. We have seen record breaking ICO sellouts, in record time recently.

This is not trying to convince you to buy. This part of the comment is for those who have already investigated everything and researched everything for themselves and have made their decision.

Some people have really freaked out when they were shut out of their crowdsale, left to wait for an exchange, and were sick when they realised how much they lost just because they thought they could still buy tomorrow.

This will sell out very fast, you have been warned. Have you research done already when coins start dropping fast, so that you are not making a decision on based on emotion.

Absolutely!
ICO ends at 31st of October at 23.59 UTC, unless sold out beforehand and at that point the bounty system pool will be distributed.
https://bitcointalksearch.org/topic/bountytoken-sale-electroneum-mobile-crypto-with-app-miner-live-sep-14th-2153250

ICO in a few days if I understand well... still time to join your bounty programs and to earn some stake?
Any extimate on how long will the ICO realistically last?

thanks for the answers....but...15 million...wth the remaining 14.985 billion coins then?

Hi!

1. Actually the ICO is only a max of 5.98 billion as the 6 billion pre-mine for the ICO AND bounty campaign (20 million ETN).
2. There will be 15 BILLION coins left for miners [EDIT - OOOPS! I entered million instead of billion - just to keep you on your toes!]
3. It's a similar emission algorithm to bitcoin, in that the emission slows over time, with ours slowing with each block. It will be 10 years+ before needing a fork or algo change.

I'm sorry I've not been very active here - as a few others have posted I'm on Telegram nearly all the times, so it's a better place to get an answer.

Please read the Technical Whitepaper for more details on emission and mobile emission. You'll find it here:
http://electroneum.com/technical-white-paper.pdf


have a great day!
Richard
Electroneum Founder

Why don't you go and ask it on Telegram where the devs are a lot more active? To be honest i would like to see the answers to those questions as well, and see if they differ from what i have understood. telegram.me/electroneum

@dev:
1. how many coins would your team going to premine despite of 6.3 billion ICO?
2. how many coins will left to miners(cellphone,cpu,gpu etc) to mine?
3. how long the mining could proceed(years)?


the questions above only valid to dev team to answer.

DO NOT QUOTE MY POST AND ANSWER FOR THESE QUESTIONS IF YOU ARE NOT DEV OF ELECTRONEUM.

Thanks!

My true identity?
I am a 22 year old University-student from Denmark, very interested in Electroneum. I am just investing in the thing, and trying to help create awareness about the project, and why it's very interesting for the plain non-technical guy. Reason why i've created the account today, was because i felt the need to contribute a non-initiated guys perspective on this project. I could even give you my facebook, i don't care you seeing who i am. Because i am not in the team in any way, but merely someone who is discovering the crypto-world and believes in this coin, with the purpose of mass adoptation. This coin is based on awareness, why not actively take part in spreading the word i thought. Nothing shady at all haha.

why don't just show your true identity instead of creating a new account just to give a lecture here?

True. But that is how you read it. Either you have the fundamental understanding that the dev team is trying to milk a couple of billions of coins, otherwise you have the understanding from what they wrote, that they will be mining on the same terms as everybody else. I believe the latter, with the lead dev having 18 mining rigs, i read somewhere. Call me naive, i don't care, i'm not going to invest more than i actually can afford to lose + it's not something my life savings will be put into. Just a bit of fun that might be worthwhile in a few years.

no it didn't.
what it state are just the amount of premined coins that would be use,it never state exactly how much the real premined coins is,therefore what you shows is just the game of words,unless they clearly state out in the ann post that there is 0 coins preserved,we actually don't know what is the number of premined coins yet.

btw,the number that shows on the source that you provided is not even identical to the number which stated on ann post.

This project has been way under the radar. The chatter is just now starting to pick up. Once people see that the person that companies like Spotify and Uber hired for their marketing is backing this we will see the hoardes rolling in. It won't be long now. ICO in 3 days. This is going to sell out super fast.

First of all the dev team is very active on their Telegram (https://telegram.me/electroneum) which is where questions are regularly answered. The two first questions are answered on http://icorating.com/project/389/Electroneum if you need another source. I do not believe there have been any talk about reserving for the team; but i could be wrong. Please correct me then.

how do you get the informations above?
are you represent for dev team?
the whipaper you linked doesn't answer to the questions as well,not to mention we also cannot find those informations on the ann post.

Impressive project, even more impressive is the big supporter of this project, CEO of RocketSpace ! This one is a must invest !