[ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO] - page 34.

mssb

newbie

Activity: 2

Merit: 0

Hey guys,

If you have scrolled down here and still need an invite, try some luck via my link:

https://wallet.merit.me/?invite=mssb

I have some invite tokens to support the community growth. PM me with your alias so I could unlock your wallet.

Пpиглaшeния в ceть Merit! Haчни мaнйить пpямo ceгoдня БEЗ PEГИCTPAЦИИ И CMC!!! (нa caмoм дeлe – нeт

moooner

copper member

Activity: 38

Merit: 0

Quote from: KAMO287 on September 04, 2018, 02:57:35 PM

Quote from: farting_shot on September 04, 2018, 02:55:23 PM

Wow, founders that have actually done something BEFORE crypto? I almost don't believe it. Grin

Seriously, though, this one seems pretty decent.

Are there any other coins using Cuckoo? Seems like a bold choice to go memory-bound.

There is a great overview on this GitHub with a list at the bottom showing some projects using it. Merit isnt on there yet Grin

https://github.com/tromp/cuckoo

Didn't know Merit wasn't the only one using cuckoo, interesting :O

cryptomoty

newbie

Activity: 4

Merit: 0

Super clean wallet interface. Easy to mine. PoG Algo is spot on. Great Community. I can go on and on.

Hit me up if you need an invite: https://wallet.merit.me/?invite=zelickiang

Invites must be approved, so a PM would help, though I am always mining so I check pretty often. If you sent a request, be patient and I will get to it. Cheers!

KAMO287

jr. member

Activity: 70

Merit: 2

Quote from: farting_shot on September 04, 2018, 02:55:23 PM

Wow, founders that have actually done something BEFORE crypto? I almost don't believe it. Grin

Seriously, though, this one seems pretty decent.

Are there any other coins using Cuckoo? Seems like a bold choice to go memory-bound.

There is a great overview on this GitHub with a list at the bottom showing some projects using it. Merit isnt on there yet Grin

https://github.com/tromp/cuckoo

farting_shot

full member

Activity: 318

Merit: 100

Wow, founders that have actually done something BEFORE crypto? I almost don't believe it. Grin

Seriously, though, this one seems pretty decent.

Are there any other coins using Cuckoo? Seems like a bold choice to go memory-bound.

damage83

newbie

Activity: 2

Merit: 0

I'm relatively new to crypto. (Brand new to BCT). I have to admit that Merit is the first crypto I've ever used. And it's relatively awesome.

I've since gotten the chance to get some other coins, and I didn't fully appreciate Merit's usability until after. The Desktop wallet (and even the Web Wallet) are super easy to use for a newbie like me. (Though, I sometimes wish the Web Wallet was a little faster.)

Also, it was very easy to begin mining.

I won't post my invite link here since other's have done that, but if you have any questions feel free to DM.

OLDARH

full member

Activity: 308

Merit: 101

-YAHOO_EU-

Those who wish to unlock their wallet can use the link
https://wallet.merit.me/?invite=OLDARH

KAMO287

jr. member

Activity: 70

Merit: 2

Quote from: BitCoinsForGold on September 04, 2018, 02:30:14 PM

Rough timing to launch a new altcoin, but the project looks pretty interesting.

Can you explain a bit more about how this invite-only thing works? And how is it the foundation for proof-of-growth, as the ANN states?

The invites help drive proof of growth and other features of Merit.

So when a miner (using Proof of Work) finds a block, It has 20 Merit. 10 go to the miner for a reward, and 10 go into a lottery where the growth rewards are distributed. I can go into much more detail, but at a high level people also call it "growth Mining" kinda cool concept.

If you want to try it out let me know: https://wallet.merit.me/?invite=KAMO287

mempko

copper member

Activity: 33

Merit: 0

I'm a Free Software Developer.

Quote from: BitCoinsForGold on September 04, 2018, 02:30:14 PM

Rough timing to launch a new altcoin, but the project looks pretty interesting.

Can you explain a bit more about how this invite-only thing works? And how is it the foundation for proof-of-growth, as the ANN states?

I believe invite-only has some nice properties.

0. provides a system of identities on the blockchain. You can use an alias instead of an address to send/recieve MRT.
1. Fundamental to allow Proof-of-Growth to work. Merit essentially performs a decentralized tree based lottery typically called a Lottree. We use a variation of an algorithm called the Pachira Lottree, which provides a balance of rewarding staking/growing the network. We didn't want it to be a requirement to grow the network, so Pachira allows us to do that. It balances fairness and growth and defends the network against sybil attacks.
2. Make a valuable identity on the blockchain. We believe people will use Merit over other currencies for daily use because they have a valuable identity that allows them to transact really easily.
3. Prevent spamming.

KAMO287

jr. member

Activity: 70

Merit: 2

Dont forget to check out the Dashboard that gives a great overview of the network!

https://dashboard.merit.me/

BitCoinsForGold

full member

Activity: 182

Merit: 100

Rough timing to launch a new altcoin, but the project looks pretty interesting.

Can you explain a bit more about how this invite-only thing works? And how is it the foundation for proof-of-growth, as the ANN states?

mempko

copper member

Activity: 33

Merit: 0

I'm a Free Software Developer.

The Cuckoo Cycle for the Proof-of-Work is interesting because it has some great properties.

1. Memory bandwidth bound.
2. More energy efficient.
3. Memory technology is very competitive, so any ASICs built in theory should not have any advantage over a GPU.

I also think it's just a damn cool algorithm! The fact that it's asymmetric (difficult to find, but easy to check) has a huge impact on verification speed.

anthoBTC

newbie

Activity: 15

Merit: 0

This is a really good project. This new invitation system can do something great. If you want to join, here is my invitation link :

https://wallet.merit.me/?invite=theblastm

I will send you 1 Merit after accepting invitation so you can mine directly.

Send me a PM with your Merit alias on discord so i can accept you.

Here is my discord ID : 164371071393464320

us2h

newbie

Activity: 2

Merit: 0

Dev's worked hard, git repo burning 24/7

mempko

copper member

Activity: 33

Merit: 0

I'm a Free Software Developer.

One part of Merit that is new is the idea of Proof-of-Growth. It's a new concept and people tend to take new concepts and try to map them to existing ideas. Before you do that, please read about how Proof-of-Growth works.
by reading the bluepaper. Key ways to think of it.

- You are not required to invite anyone to earn growth rewards.
- Kind of like an Interest bearing account on the blockchain.
- Kind of like A digital interest-bearing bond.
- Coin age is used in score calculation, coins at 30 days old are fully mature, coins at 7 days old are 50% mature.
- Many strategies including staking, growing your network or doing both.
- A way to further decentralize the currency.
- You do not need to purchase anything to earn growth rewards, staking and growing your network does not burn any coins.
- rewards are decentralized and part of the protocol, no central authority giving them out.
- Improve coin stability by disincentivizing dumping.
- New coins are not created by users, PoG just decides how a portion of the coinbase is distributed. The supply of the currency is fixed to 100 million.

There are many ways to think of Proof-of-Growth, but I think in time people will understand it to be a new thing, not like some other thing.

R!der

newbie

Activity: 1

Merit: 0

Hello everyone!

If you need an invite use "mrt" as invite code or click this link:
https://wallet.merit.me/?invite=mrt

I will accept you and you will get 5 invites for free

After the request, write me at PM here or Discord (same nickname).

sunc

newbie

Activity: 102

Merit: 0

If you need an invite, use this link
https://wallet.merit.me/?invite=sync
I will accept you if you PM me your alies.

tfsi_now

newbie

Activity: 1

Merit: 0

https://wallet.merit.me/?invite=MJNwHdcFHnwhoANoMoXdiDiwd7m7YZBEaw

inv free
wellcome

Nat77777

newbie

Activity: 89

Merit: 0

A really great project here! Check out the discord or telegram and ask questions to learn more.

If you are new to Merit consider using my invite. I award Merit and invite to community members who are active. Please PM.

https://wallet.merit.me?invite=nathan254

Newguy201

newbie

Activity: 7

Merit: 0

This project truly has one of the best teams in this overcrowded space
of projects trying to get rich quick and scam their users by not truly
offering anything of value. They are just sounds in an echo chamber.

Merit and this team is truly a breath of fresh air. But please, DO NOT
take my word for it. Join the community, engage with the members
on discord and simply just use Merit and its software (Market, mobile
wallets, desktop wallet with one-click mining, etc) and see for yourself.

If you have been in this space long enough, you can easily see where this
project shines and does things differently. And even if you’re new to this
whole crypto thing, even better, it was designed with you in mind!

✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅✅

If you need an invite, use code: “Tommy” or the link below:

https://wallet.merit.me/?invite=tommy

I will accept you ONLY if you PM me your alias or wallet address, for verification.

I airdrop MRT and invites to active community members. 2️⃣0️⃣ invites available

Topic: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO] - page 34. (Read 33430 times)