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Topic: [ANN]XDNA-Revolution in cryptocurrency|POS|Charity Support|NoICO| - page 108. (Read 90307 times)

full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger

-snip-


I've wrote my opinion on Discord about the two choices, I will repost it here.

I voted for the fork, option 2, because I believe it's good for everyone who has invested early and is holding, MN holder or not. This reduction will keep making XDNA more scarce and therefore more valuable. This should increase the price and will reward early supporters. However if the price increase enough, we might climb some BitGun lvls and the reward amount of tokens will increase to almost previous lvls (meaning before the changes) for a few weeks until the next reward reduction occurs, but the project will be ready to support a bit higher emission then while now it is not
Vak
jr. member
Activity: 31
Merit: 2
DEAR XDNA COMMUNITY!
We have received much feedback concerning the high coin emission on different BitGun levels, thus it's time for us to adjust some technical specifications of XDNA.
We have elaborated 2 completely different adaptation mechanisms that reflect the changing environment of the market. Please vote for one of the variants. Your voice is important for us!

Variant 1. A multi-step lowering of the maximal block reward.

A fork will induce the decrease of the number of the possible Bitgun levels (starting from the highest one), 1 level will be removed per every 60 days or 86400 blocks.
Therefore, by the end of the POW period, the block reward will become constant and its value will be 4 XDNA.

The minimal XDNA emission is currently 6 307 200 coins for the duration of 3 years, while the maximal is 171 871 200 coins.
If the above option is implemented, the minimal emission remains the same, while the maximal will be cut 3.5 times – to 53 568 000 XDNA!
In order to optimize the coin economy, we will slightly change block rewards for levels 5-11.
To sum up:
- we do not decrease the current miners' rewards
- we do not decrease the current MN owners' rewards
- we significantly limit the total maximal emission and thus thwart over-saturation of the market and increase the investors' profit
- we act gently and thoughtfully, and do not induce any radical changes in the economic model of our project.
Estimated implementation time – 1 month.

Variant 2. Block reward values will be gradually decreased, while the reward portion for the masternodes will be increased.

A fork will induce the lowering of rewards at all Bitgun levels by 10% per month during a period of 24 months. By the end of this period, the reward on the first level will be 0.35 XDNA, while the 15 lvl reward will become 9.66 XDNA. This measure is aimed at raising the value of the coin, since it will gradually become harder and harder to obtain.

The minimal XDNA emission is currently 6 307 200 coins for the duration of 3 years, while the maximal is 171 871 200 coins.
After the above option is implemented, the minimal XDNA emission will be 1 590 163 XDNA coins, while the maximal emission will be more than 4 times lower — 43 331 957 XDNA!
Furthermore, the percentage of masternodes' part of the block reward will be increased in order to prevent the decline of ROI. The new reward distribution is the following:
52% to miners
25% to full MNs
15% to medium MNs
5% to light MNs
2% to XDNA Foundation
1% - to DevFee
We significantly limit the coin emission thus thwarting the over-saturation of the market and increasing the profit of investors.
Estimated implementation time – 1-3 months.

To vote - pls join our Discord server https://discord.gg/RTXu4J
(#news channel) or leave your opinion here. Thanks for your participation!
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
How does this benefit small scale businesses? Yes there are problems that they are facing but what advantages can you offer over existing methods and how can blockchain help in solving the existing problems?

I know you're a bot or a spammer by seeing your post history, but regardless, your post made me think of a not-so-obvious-at-first advantage of businesses.
Have you seen those boxes near the counters with a few coins inside them and a label of a charity organization? People are reminded that they can give some spare coins for charity. But it'd be more convenient for the shop-keeper to say "hey, if you'd like to pay with this cryptocurrency, you can indirectly support charity actions all over the globe without sparing money directly".
newbie
Activity: 7
Merit: 0
I think this is a great project with the technology of blockchain and cryptocurrency. I hope it will grow and be successful in the near future. Good luck.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
can anybody post screenshot with transaction section?

I'd do that for you if I had understood what you meant.
What transaction section? What time? There are many transactions happening all the time...
member
Activity: 149
Merit: 25
President of FinTechAssociation
can anybody post screenshot with transaction section?
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
We're flirting with position 2 on WhatToMine, depending on XDNA's price! Getting closer and closer to position 1, keep the price up people! Grin

PS: Using a 1080ti as reference.
newbie
Activity: 14
Merit: 0
Hey,  If you want something, you have to set high goals, it’s just the way it goes. So, I wish good luck to the devs with their plan!!!
member
Activity: 168
Merit: 15
Dear Friends!

While the XDNA Foundation Platform is on alfa-tests, we want to help save a newborn baby who is on the brink of death on his first day in this world.

https://xdna.io/foundation/app-00001/

XDNA team does not currently possess the required amount of BTC, but is ready to deliver part of the amount right now.

Let's help the little boy together!


We placed several XDNA sell orders on Cryptopia, at 0.00002999, 0.00002998, and 0.00002997 BTC.

The coins will be taken from XDNA Foundation wallet and the obtained money will be transfered to the bank account of the child's parents.

All proofs will be given to the public.

Please do not put sell orders lower than XDNA Foundation orders, a human life depends on it!
newbie
Activity: 29
Merit: 0
it's still early to expect that most of the people that are investing in crypto have the consciousness and integrity to avoid investing in centralized businesss and projects that just throw word blockchain in to get a piece of the pie. So, take a big pie from this idea!
jr. member
Activity: 160
Merit: 8


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jr. member
Activity: 140
Merit: 1
This coin has been listed on @CoinMarketDaddy (CMD). For all the trading information, total Supply, current price,  1 hour change, 24 hour change, 7 days change,  historical data , graph, calculator, convertor, reviews, statistics, and comments check out CMD twitter page @CoinMarketDaddy (CMD) and visit

XDNA Market & Trading Data

Market Cap    $ 359.72K   
Current Supply    1,657,185   
Volume (24h)    $ 35.22K   
Total Supply    2,095,378
Price %(1h)    -3.33%
Price %(24h)    -2.12%
Price %(7d)          -12.67%

https://coinmarketdaddy.com/currencies/coin/xdna/xdna/share-1536143587/
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
Hi can anyone help me when i open wallet qt on windows it gives me warning please check computers date and time and gets hung it tried to reopen rebuild did not work

and my computers date and time is correct as per utc.

Is this the first time you're trying to open the wallet or did it work in the past? Also double check that you run the latest wallet version.

The best support is available in the Discord's appropriate channel though (#Wallet-Support)
newbie
Activity: 14
Merit: 0
Hi can anyone help me when i open wallet qt on windows it gives me warning please check computers date and time and gets hung it tried to reopen rebuild did not work

and my computers date and time is correct as per utc.
newbie
Activity: 13
Merit: 0
it may be one that bigger coins look to absorb because of the inroads the dev team is making with a multi-billion$$$$ industry. Either way, it is low risk/high reward for investors. Count me IN!!!
newbie
Activity: 88
Merit: 0
promising project, very interesting in the long term.

jr. member
Activity: 34
Merit: 2
Greetings  Certainly, agree with the fact that the Internet has become the first part of the revolution. The other part is the technology of blockchain and cryptocurrency. I hope you devs realize these plans and will give guaranteed revenues to the crypto industry
newbie
Activity: 44
Merit: 0
I am happy there is some fair reward for the developers to invest in further development. Without it developments could be an issue in terms of new exchanges and funds for employers! Keep it up!
jr. member
Activity: 168
Merit: 1
I was interested in the DNA project because it has: a stable reward in the block even with a 10,000% hashtat increase, a smooth startup algorithm for hardware, ASIC and Nicehash are no longer a problem for GPU developers.
legendary
Activity: 1806
Merit: 1828
What is the token price on public sale? and where can I find the public sale status? (the number of tokens sold out, fund collected...)
Thanks in advance!
You cannot because there was no ICO/Public Sale. People just started mining with an instamine protection for the first blocks.
By the way instamine is when there are very few miners at the beginning and they instantly mine a lot of blocks in low diff until more people start coming.

I'd say XDNA had a very fair start. The devs are actually being paid with 1% from each block.

Actually, there was an sale of coins for Masternodes in the beginning. However, it only resulted in a few sales because the coin became available on Cryptobridge rather quickly, and was cheaper to get the coins required, there.
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