As a fork of Monero, the devs will need to either do their own work, or make their own code adjustments or stay one step behind as Monero as it advances.
Marketing will help, but the fact that their players are known (devs, team etc.) and they are a company, it may defeat the purpose of a private crypto altogether.
If the regulators want to know who you (depositors) are, they'd simply serve the search warrant on the company.
Can't do that with Aeon or Monero.
Even if Electroneum does not know who owns their ETN's, governments can pressure them in other ways.
Topic: Electroneum - [UNMODERATED] discussion (Read 405 times)
also, 21 million bitcoins equates to WAY more satoshis than the last digit of electroneum
The price is way too high. 21 billion coins, and the ICO is at a penny a coin.
Phone batteries will be an issue. Bandwidth could be an issue - for the cell phone providers. Security will definitely be a concern. Privacy will be an issue to.
I see phone companies taking a stand against Electroneum and similar projects.
Scalability will definitely be an issue if this coin will be used by millions of people.
That said, 24M isn't a small chunk of money. A lot could be done with that money if used properly.
Phone batteries will be an issue. Bandwidth could be an issue - for the cell phone providers. Security will definitely be a concern. Privacy will be an issue to.
I see phone companies taking a stand against Electroneum and similar projects.
Scalability will definitely be an issue if this coin will be used by millions of people.
That said, 24M isn't a small chunk of money. A lot could be done with that money if used properly.
first of all, the circulating supply is less than 6 billion now that the hard cap has been hit. the rest will be available for mining. secondly, phone batteries and bandwidth won't be an issue, as there won't be any REAL mining done on the phone
Remember: any ICO is able to self-financing its self!
Example: I have 10 mln and I propose a stupid ICO. The first 3 hours I send my eth/waves/coin to the target wallet. Everyone will think someone is investing...
If I sell 10 mln to my self and 1 mln to the market it will be only 1/11 of circulating supply, and price will go up... But in the long term...
Example: I have 10 mln and I propose a stupid ICO. The first 3 hours I send my eth/waves/coin to the target wallet. Everyone will think someone is investing...
If I sell 10 mln to my self and 1 mln to the market it will be only 1/11 of circulating supply, and price will go up... But in the long term...
It's possible, but not necessary and very risky move. I've seen enough well funded ICOs with 3-10x lower price months after the end of ICOs.
However, I think the hype here is that everybody own a phone and wants to make and mine money without thinking.
Remember: any ICO is able to self-financing its self!
Example: I have 10 mln and I propose a stupid ICO. The first 3 hours I send my eth/waves/coin to the target wallet. Everyone will think someone is investing...
If I sell 10 mln to my self and 1 mln to the market it will be only 1/11 of circulating supply, and price will go up... But in the long term...
Example: I have 10 mln and I propose a stupid ICO. The first 3 hours I send my eth/waves/coin to the target wallet. Everyone will think someone is investing...
If I sell 10 mln to my self and 1 mln to the market it will be only 1/11 of circulating supply, and price will go up... But in the long term...
The price is way too high. 21 billion coins, and the ICO is at a penny a coin.
Phone batteries will be an issue. Bandwidth could be an issue - for the cell phone providers. Security will definitely be a concern. Privacy will be an issue to.
I see phone companies taking a stand against Electroneum and similar projects.
Scalability will definitely be an issue if this coin will be used by millions of people.
That said, 24M isn't a small chunk of money. A lot could be done with that money if used properly.
Phone batteries will be an issue. Bandwidth could be an issue - for the cell phone providers. Security will definitely be a concern. Privacy will be an issue to.
I see phone companies taking a stand against Electroneum and similar projects.
Scalability will definitely be an issue if this coin will be used by millions of people.
That said, 24M isn't a small chunk of money. A lot could be done with that money if used properly.
Exactly my thoughts! Too many issues with too big supply and too much money raised.
You know, when there are so many concerns it's for best to stay away.
The price is way too high. 21 billion coins, and the ICO is at a penny a coin.
Phone batteries will be an issue. Bandwidth could be an issue - for the cell phone providers. Security will definitely be a concern. Privacy will be an issue to.
I see phone companies taking a stand against Electroneum and similar projects.
Scalability will definitely be an issue if this coin will be used by millions of people.
That said, 24M isn't a small chunk of money. A lot could be done with that money if used properly.
Phone batteries will be an issue. Bandwidth could be an issue - for the cell phone providers. Security will definitely be a concern. Privacy will be an issue to.
I see phone companies taking a stand against Electroneum and similar projects.
Scalability will definitely be an issue if this coin will be used by millions of people.
That said, 24M isn't a small chunk of money. A lot could be done with that money if used properly.
Hello,
I'm making this topic to discuss Electroneum freely as the other is self-moderated.
What is your opinion for Electroneum? They already raised 24M USD. However, I'm skeptical about all this phone-mining thing.
Opinions appreciated.
I'm making this topic to discuss Electroneum freely as the other is self-moderated.
What is your opinion for Electroneum? They already raised 24M USD. However, I'm skeptical about all this phone-mining thing.
Opinions appreciated.
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