Topic: [ANN][MINEABLE ERC20 TOKEN] 0xCATE - CatEther, Free transactions for everyone. (Read 877 times)

I'm into this one!

Because we actually don't compete with there, 0xCATE is a totally independent token, working solely through Proof of Work and Proof of Use.
There might be games revolved around 0xCATE in the near future, stay tuned for more infos !
Join our Discord channel, as all the activity is there 

Why don't you guys contact the cryptokitties team, and work with them, instead of trying to compete with them?

Yep ! You can trade it on Enclaves.io : https://www.enclaves.io/trade/0xCATE

Also, you can check out the 0xCATE smartcontract on Etherscan, the source-code is available and everything
https://etherscan.io/token/0x8f7dbf90e71285552a687097220e1035c2e87639

This was said that CatEther will be live at 5th of may, does it means the token already available to be trade?
Which market has this loken listed right now?

Interesting project and hope that its sustain its value over time

In practice, 0xCATE price won't be higher than the median value of a transaction. But yeah, also in practice, it should cover a significant amount of your transfer fees. In some best-case scenarios, it could even be profitable to do 0xCATE transactions in itself, filling each blocks with low-gas-price transactions.

It has two consequences: first, since Ethereum blocks can get bigger over time, depending on whether they are filled or not, 0xCATE will help in making Ethereum's throughput higher. And since there will be more transactions, it will reduce the price of transfers (since the "offer" of available tx/s will increase). As a result, more 0xCATE will be minted through transactions, which will make us enter in a feedback loop that will both make Transactions cheaper, and coin supply higher. In the end, transactions will still be free, but there will be more coins in circulation, at a same, or lower price.

When we reach the "target price" (a.k.a. transaction cost), both token price and transaction price will start to slowly decrease, at the rate of the 0xCATE emission rate. Since the number of tx/s on Earth grows at about 8%/year, if we do nothing, Ethereum gas price should increase by the same amount. However, since 0xCate has a similar inflation-%-rate, it will make everything more stable.

I read the project and found that people could save some money by simply transferring money or using the "transferFrom" transfer function. As such, your transactions are free. The amount of CATE you accumulate can be profitable for the transaction.
When involved in this platform, the opportunity is more for us. I like and look forward to the free CatEther product.

You've read into my mind, ahah

To a bigger extent, we're also aiming at creating a decentralized exchange that will use CatEther as a way to reduce the transaction fees, thus, the trading fees. It will definitely take us some time to release such infrastructure, and the level of required security in such DAO is more-than-critical.

So, first, we will do something that is less critical in terms of security, thus, a video-game. Something that isn't like Cryptokitty, or any other "game" that are just like Beany-Babies.online

I was thinking about CatEther game product, hopefully there will be some interesting game that will born from it, although it's all free.
Being a free game should be able to give impression to the people, that a free game is still have it's own pride and value, without removing the quality of the game itself.

Will do ! We're still trying to have a working Stats website witch would monitor the current state of 0xCATE;
we will add a mining profitability calculator; currently, you can still evaluate it by looking at the Contract on Etherscan. In the "Read Contract" section, pick up the difficulty number, and divide it by 50. It will give you the current Network hashrate (or, at least, a close approximation). Then, divide your hashrate by this number, and you will have the fraction of the daily 720M minted tokens that you can expect to earn
One GTX1080 yields around 800-1000MH/s, depending on the quality of the card; an RX570 will yield around 350MH/s. Hope it helped !

Hello Visax ! Sorry for not getting back to you sooner;

Please feel free to make an Indonesian version of this thread ; let me know when you've finished
There aren't bounties at this moment, but we're doing progress in that regard; since we didn't have funds from a "standard" (but mostly flawed and corrupted) ICO, it's all done with faith and determination ! Our community grows stronger each day, feel free to take part of this adventure

Dev, i already send you message
so, are you reading my message or nothing?

Actually, compared to any other cryptocurrency, whose either used an ICO as a way to launch their tokens, or doing weird airdrops that end up distributing all the tokens to only a handful of people taking advantage of Sybil Attack vulnerabilities and such, we're pretty proud of the current, already very even distribution.

Technically, in the long-term, you won't even need any kind of hardware to get Cates: you will just have to send a transaction to the network, and will be funded with Cates (just 1 Cate, but still; you won't need any sort of hardware to get that one.)

In the longterm, once the number of transactions go past the 20tx/s threshold, there will be more Cates created by this feature than with Proof-of-Work, making it a fairer, more broadly distributed supply, from which anyone could "tap off".

Since all the calculations and hashes are done accordingly to the smart-contract implementation, it isn't compatible with Claymore as of now. Maybe, in the near future, will they add our specific algorithm to Claymore. In the meantime, some freelance developers helped us to create a full-CUDA/C++ miner that takes advantage of the superior power of GPUs.
Just use the MVIs, or CosmiC miner; hit us up on Discord if you struggle, we will gladly help you !

Very unfair launch in an effort to perhaps give an upper edge to some. The miner available is only for window 64, what about the ones who are still using 32?

Hello dev,

Reserved indonesian translate.

We've been officially listed on Enclaves.io !

https://www.enclaves.io/trade/0xCATE

Join the Cate-A-Clysm :3

Our pool is available at http://www.catether.org:3000 , come join us

For the ones wondering what Cate is currently trying to achieve in the short-to-mid term, in that order :
- Find a way to keep our pool up and running so that mining can be accessible for anyone. This really is our main concern.
- Release a whitepaper explaining all the inner workings of 0xCATE, and its consequences on the Transaction Market.
- Apply to more exchanges, keep spreading the word about our community
- Contact NGOs and charitable foundations (e.g. research Against Cancer, Doctors without borders, etc), and ask them to create an Ether Address so that we can actually make the Donation feature useful. Cate is also about donating for a better world.
- Keep building a community from that
- Release our first product (that would be a quite simple game), that would distribute all the earning to the aforemented NGOs and charitable foundations.
- More marketing
- Build the first DEX on Ethereum that would be free of any fees. It would also be free to use at that point, or at the very least, cheaper than any other DEX since you get refunded in Cates each time you interact with the contract.
- We'll see later for what's next
We also though about revamping our visual identity, as going full-on meme can actually hurt us in the mid-to-long term.
We first thought it would be a good idea, since memes can spread fast, but in the end, maybe we went too far.

We're on a short schedule !   

Today, when to launched of pool mine guys?
So, do you have detail explorer or reward block.