Maybe a new kind of emission model could be used for the coin distribution, to give it a growing value over time and ensure stability ?
Don't kill me
! 
Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 169. (Read 450523 times)
January 27, 2017, 01:34:05 PM
Thinking out loud here...
Maybe a new kind of emission model could be used for the coin distribution, to give it a growing value over time and ensure stability ?
Don't kill me !
Maybe a new kind of emission model could be used for the coin distribution, to give it a growing value over time and ensure stability ?
Don't kill me
! January 27, 2017, 01:27:00 PM
I think 5M was way better
Most of the ICO participants thought differently. And I hope you can agree that if they invested in this project they can decide first how supply should look like.
I have no problem.
I just think that the more coin there are, the less value they have.
Check all the high balance coins, they are mostly not worth very much...
That's just a though
January 27, 2017, 09:24:39 AM
How can this be? On Ico sold 3,900,000 coins, and now they will be 100,000,000 coins. Who can explain it?
All ICO participants decided by vote with thier BTC private key that they want to expand supply by factor of X (in this case, 20). So in reality no one get more coins than before (with 5m supply). If you had 1,000 XEL with 5m scenario, after vote you have 20,000 XEL (with 100m scenario). We was afraid that 5m is not enough and not too "trendy". That's all.
If you are asking about 1,100,000 (5m - 3,9m) coins that left without owner. That amount was proportionally distributed to all participants. This was also ICO participants decision.
If ICO price was 0,00018000 BTC, but now it turns 0,00000900 BTC.
January 26, 2017, 10:38:36 PM
in the meantime golem hype is growing, feels like they are stealing our show 
makes me mad
https://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
try to comment everywhere that xel is way better and sooner launch makes me madhttps://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
stop that currency-war shit! there is nothing more annoying than those folks that strolling around every thread and telling everyone "their" currency is better than xyz. that just leads to attacks from the other side and much annoying noise and distraction.
XEL will be ready way before anyone else and will convince by the technology itself, without trolling and fudding other projects.
+ Stop saying others are worse. We will find out once every player will be on the playfield.
Anyway I do believe that price speculation can and should happen here (not to be confused with WTB/WTS - this should definitely happen in separate thread). Speculation drives topic attention and people to discuss. Speculation is the direct case of good mood, has positive effect on every coin. On private forum this should be separate thread but here on BCT would be nice to drive as much discussion as people want. I've seen that every time price speculation occurs more people get involved in thread, more people want to try coin and see how it works.
Price speculation is one of the best PR tool we have right now. It's nice to see people comparing, explaining or even dreaming.
And as always, keep up nice work all elastic github pushers
January 26, 2017, 05:42:45 PM
I sent my ICO funds from blockchain dot Info and I can still log into said wallet. Not sure about the priv keys though... am I screwed?
No, You are safe and can export your private keys from online wallet.
Follow this https://blockchain.info/wallet/backups
January 26, 2017, 04:55:23 PM
I think 5M was way better
Most of the ICO participants thought differently. And I hope you can agree that if they invested in this project they can decide first how supply should look like.
January 26, 2017, 04:52:15 PM
I sent my ICO funds from blockchain dot Info and I can still log into said wallet. Not sure about the priv keys though... am I screwed?
Don't think so. I had the same question during the ICO, and Evil-Knievel was kind enough to build a tool to extract the private key and said that the same blockchain.info wallet should work for redemption.
Evil-Knievel, could you please confirm this is still the case?
January 26, 2017, 04:44:54 PM
I think 5M was way better
January 26, 2017, 04:14:59 PM
How can this be? On Ico sold 3,900,000 coins, and now they will be 100,000,000 coins. Who can explain it?
All ICO participants decided by vote with thier BTC private key that they want to expand supply by factor of X (in this case, 20). So in reality no one get more coins than before (with 5m supply). If you had 1,000 XEL with 5m scenario, after vote you have 20,000 XEL (with 100m scenario). We was afraid that 5m is not enough and not too "trendy". That's all.
If you are asking about 1,100,000 (5m - 3,9m) coins that left without owner. That amount was proportionally distributed to all participants. This was also ICO participants decision.
January 26, 2017, 04:07:50 PM
How can this be? On Ico sold 3,900,000 coins, and now they will be 100,000,000 coins. Who can explain it?
January 26, 2017, 03:33:15 PM
I sent my ICO funds from blockchain dot Info and I can still log into said wallet. Not sure about the priv keys though... am I screwed?
January 26, 2017, 02:28:43 PM
I know that this is of course not of high priority, but in any case wanted to float it again.
If anyone has a good idea how to reliably measure power consumption on a working computer in real time (if this is even possible via software) I think it could be nice to implement it as part of the miner. That way the person offering his system can determine the profit margin he wants, he introduces his local electricity cost, and the miner calculates the price he will be offering (or at least as an indication where is the cutoff point between profitability and loss due to personal costs).
Again, I am aware this is marginal at the moment, but I can guarantee this is not offered by anyone else and that this is actually a feature that could be very useful for the users if offered.
Keep on the amazing work guys! This project is really impressive in what it is achieving, and especially due to the circumstances involved!
If anyone has a good idea how to reliably measure power consumption on a working computer in real time (if this is even possible via software) I think it could be nice to implement it as part of the miner. That way the person offering his system can determine the profit margin he wants, he introduces his local electricity cost, and the miner calculates the price he will be offering (or at least as an indication where is the cutoff point between profitability and loss due to personal costs).
Again, I am aware this is marginal at the moment, but I can guarantee this is not offered by anyone else and that this is actually a feature that could be very useful for the users if offered.
Keep on the amazing work guys! This project is really impressive in what it is achieving, and especially due to the circumstances involved!
I don't think it's possible. You might partially estimate it using info like that of cpu-z or gpu-z, which estimate the consumption of the cpu and gpu respectively (among other things they do), but in the end, the total system consumption as well as the final consumption from the plug on the wall are beyond the capabilities of software.
Even the quality of you PSU will play a role in that.
It is much easier for you, or anyone to get a wattometer that plugs in the wall between your computer plug and the wall outlet and it reports the consumption in real time. They are pretty cheap too.
January 26, 2017, 02:24:22 PM
in the meantime golem hype is growing, feels like they are stealing our show makes me mad
https://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
try to comment everywhere that xel is way better and sooner launch makes me madhttps://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
stop that currency-war shit! there is nothing more annoying than those folks that strolling around every thread and telling everyone "their" currency is better than xyz. that just leads to attacks from the other side and much annoying noise and distraction.
XEL will be ready way before anyone else and will convince by the technology itself, without trolling and fudding other projects.
+ Stop saying others are worse. We will find out once every player will be on the playfield.
Anyway I do believe that price speculation can and should happen here (not to be confused with WTB/WTS - this should definitely happen in separate thread). Speculation drives topic attention and people to discuss. Speculation is the direct case of good mood, has positive effect on every coin. On private forum this should be separate thread but here on BCT would be nice to drive as much discussion as people want. I've seen that every time price speculation occurs more people get involved in thread, more people want to try coin and see how it works.
Price speculation is one of the best PR tool we have right now. It's nice to see people comparing, explaining or even dreaming.
And as always, keep up nice work all elastic github pushers
January 26, 2017, 02:20:27 PM
Ico end?
How much btc invested in ico?
How much is a token ?
How many toakes will be avaiable ?
How much btc invested in ico?
How much is a token ?
How many toakes will be avaiable ?
January 26, 2017, 02:09:12 PM
whether the project official accounts on social networks? there is in the plans? sorry my english
January 26, 2017, 02:00:13 PM
in the meantime golem hype is growing, feels like they are stealing our show makes me mad
https://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
try to comment everywhere that xel is way better and sooner launch makes me madhttps://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
stop that currency-war shit! there is nothing more annoying than those folks that strolling around every thread and telling everyone "their" currency is better than xyz. that just leads to attacks from the other side and much annoying noise and distraction.
XEL will be ready way before anyone else and will convince by the technology itself, without trolling and fudding other projects.
I´m more than happy that this thread is so clean. No annoying bounty requests, FUD etc. I variation that I really like.
January 26, 2017, 01:41:07 PM
in the meantime golem hype is growing, feels like they are stealing our show makes me mad
https://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
try to comment everywhere that xel is way better and sooner launch makes me madhttps://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
stop that currency-war shit! there is nothing more annoying than those folks that strolling around every thread and telling everyone "their" currency is better than xyz. that just leads to attacks from the other side and much annoying noise and distraction.
XEL will be ready way before anyone else and will convince by the technology itself, without trolling and fudding other projects.
January 26, 2017, 01:27:51 PM
in the meantime golem hype is growing, feels like they are stealing our show makes me mad
https://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
try to comment everywhere that xel is way better and sooner launch makes me madhttps://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
I don't know if I'd say it's way better...I believe we are targeting a different user base than the others. Of course that could change if someone codes in some additional logic to do what the others propose.
January 26, 2017, 01:24:01 PM
in the meantime golem hype is growing, feels like they are stealing our show makes me mad
https://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
try to comment everywhere that xel is way better and sooner launch makes me madhttps://www.reddit.com/r/GolemProject/comments/5cf70j/lets_request_poloniex_support_here_to_get_it/
January 26, 2017, 01:21:55 PM
EK, what is your current opinion about 5 stage launch you offered to the community in December? Do you still think we need some excessive testing, followed by "hard forks", to fix all potential bugs?
Personally I think this is a must. The final product is easier to promote and it can bring much more attention and benefit to all XEL holders despite having competitors on out tail like SONM, Golem and iEx.ec. I believe, they won't be used in real life cases as fast as Elastic anyway.
I think this is a good idea. BUT its very important that there will be no possibility of a network reset back to genesis!Personally I think this is a must. The final product is easier to promote and it can bring much more attention and benefit to all XEL holders despite having competitors on out tail like SONM, Golem and iEx.ec. I believe, they won't be used in real life cases as fast as Elastic anyway.
We could do a 5 step launch and guarantee that all legitimate transaction will remain there.
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