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We no longer discuss with trolls. See the original thread to find out more. As their posts are removed from this moderated thread, they now harass participants through private messages. Watch out to not fall in that. 
Topic: HEAT Discussion and Technical info - page 42. (Read 61483 times)
Why has staking rewards been reduced drastically? Was about 5% a month now it is 5% a year?
Not sure, but my staking is still around 4% as it has always been since the start. After I've started the pool this has not changed actually, and the total forging % is also relative stable slightly above 60% of total HEAT cap.
How much HEAT do you have? Are you sure that your node is still properly in sync?
Yes my node is up and running 24x7, is properly synced, sending you pm with some of my details to lookup.
How many HEAT are currently in circulation and how many is the maximum there will ever be?
If someone could tell me a little but about this it would be much appreciated.
Currently trying to decide whether or not to purchase more for forging/mining capabilities.
If someone could tell me a little but about this it would be much appreciated.
Currently trying to decide whether or not to purchase more for forging/mining capabilities.
https://heatwallet.com/status2.cgi
Shows 30 396 272 HEAT in circulation now.
In 2020 There should be 50 000 000 HEAT in circulation, after which 1 HEAT per block is added indefinitely (~1 250 000 per year).
Thanks mate!
How many HEAT are currently in circulation and how many is the maximum there will ever be?
If someone could tell me a little but about this it would be much appreciated.
Currently trying to decide whether or not to purchase more for forging/mining capabilities.
If someone could tell me a little but about this it would be much appreciated.
Currently trying to decide whether or not to purchase more for forging/mining capabilities.
https://heatwallet.com/status2.cgi
Shows 30 396 272 HEAT in circulation now.
In 2020 There should be 50 000 000 HEAT in circulation, after which 1 HEAT per block is added indefinitely (~1 250 000 per year).
How many HEAT are currently in circulation and how many is the maximum there will ever be?
If someone could tell me a little but about this it would be much appreciated.
Currently trying to decide whether or not to purchase more for forging/mining capabilities.
If someone could tell me a little but about this it would be much appreciated.
Currently trying to decide whether or not to purchase more for forging/mining capabilities.
Why has staking rewards been reduced drastically? Was about 5% a month now it is 5% a year?
Not sure, but my staking is still around 4% as it has always been since the start. After I've started the pool this has not changed actually, and the total forging % is also relative stable slightly above 60% of total HEAT cap.
How much HEAT do you have? Are you sure that your node is still properly in sync?
Any clarification from team member/admin for the following PM I've received ?
So instead of reserving a free stake in the issued token (commonly between 10%-20% in ICOs) these HEAT were fully paid for by the company from the investors who wanted to reverse their decision at that time. Although costly, part of these HEAT are planned to be distributed along with the options / share sale plan still in the making in order to make their stellar value proposition stand out even more.
CCex decided so because you broke the agreement you had with them. YOU delivered way too late and YOU had not given them the API you promised. In a recent exchange with them they called you a "clown", yes a clown, literally! They are sick and tired to respond to your bullshit that is why you will not hear from them again and they will not defend against your made up allegations anymore! Oh and according to the ICO these ccex coins belong to participants in the ICO and not to the heatdevs as it was stated that ALL coins will be divided between participants in the ICO. You are basically stealing these coins but that doesn't really matter as they are worthless and you are already known to be a scammer and a thief! And calling it a buy back is a blatant lie, they were refunded! You at first made the 50BTC which were never paid out to you! CCex kept the 50BTC and they never belonged to you, you simply got your heat back and took it from your users! While you took your users fund, CCex did the right thing and refunded their customers their btc for their heat and gave you back your heat! STOP LYING! OH and another bonus, the heatdevs have 1million heat reserved which according to the protocol they have access to after one year after the blockchain launched, so in January! Yes they have 1million heat! This was only mentioned in 1 version of the ICO contract and not everywhere!
Of course I will forward this message to everyone in pm because the mod will delete it immediately as he don't want you to know this...
Most of his posts are false accusations and attempts to skew the facts. Yes, facts are that there were delays but there is no proof those were manipulations done on purpose. Delays happen in every project it is hard to predict many factors and perhaps devs announced some things too early but that does not make them scammers (and calling them that is facts skewing that I mentioned). So let's not overexaggerate.
The coin was marketed to do 1000tps EASILY. It was marketed to solve the scalability issue. THIS was what this coin was supposed to be! They said they tested 1000tps in their testsetup. Guess what it can right now not even do bitcoinlevel, which is about 7tps. I asked for their testsetup so I can reproduce their results, still no answer. At the time they allegedly produced these results, they most likely had not even a client developed as it took them half a year to release a client that would fork AT EVERY BLOCK! How could you half a year earlier say you have tested 1000tps if you can not even release a client that works? This is just one example!C-Cex refund? What's that?
C-CEX escrow decided to force buyback HEAT ICO tokens sold on their platform. About half of the HEAT, approx. 50 BTC worth, were bought back with our company BTC, resulting in that -50 BTC loss and about 396 000 HEAT for the company. This was a nasty move by the escrow due to pressure from external manipulation but in hindsight probably beneficial to the company value (and consequently to HEAT token value), as indeed no tokens were initially reserved for the company - too generous compared to the norm. After that C-CEX came to their senses and HEAT has been in good standing. So instead of reserving a free stake in the issued token (commonly between 10%-20% in ICOs) these HEAT were fully paid for by the company from the investors who wanted to reverse their decision at that time. Although costly, part of these HEAT are planned to be distributed along with the options / share sale plan still in the making in order to make their stellar value proposition stand out even more.
CCex decided so because you broke the agreement you had with them. YOU delivered way too late and YOU had not given them the API you promised. In a recent exchange with them they called you a "clown", yes a clown, literally! They are sick and tired to respond to your bullshit that is why you will not hear from them again and they will not defend against your made up allegations anymore! Oh and according to the ICO these ccex coins belong to participants in the ICO and not to the heatdevs as it was stated that ALL coins will be divided between participants in the ICO. You are basically stealing these coins but that doesn't really matter as they are worthless and you are already known to be a scammer and a thief! And calling it a buy back is a blatant lie, they were refunded! You at first made the 50BTC which were never paid out to you! CCex kept the 50BTC and they never belonged to you, you simply got your heat back and took it from your users! While you took your users fund, CCex did the right thing and refunded their customers their btc for their heat and gave you back your heat! STOP LYING! OH and another bonus, the heatdevs have 1million heat reserved which according to the protocol they have access to after one year after the blockchain launched, so in January! Yes they have 1million heat! This was only mentioned in 1 version of the ICO contract and not everywhere!
Of course I will forward this message to everyone in pm because the mod will delete it immediately as he don't want you to know this...
http://prntscr.com/hemz9n
Why has staking rewards been reduced drastically? Was about 5% a month now it is 5% a year?
I was trying to extract same information without success.Also can anyone shed any light on how do I see rewards day by day/transaction by transaction?
Why has staking rewards been reduced drastically? Was about 5% a month now it is 5% a year?
Hi there, how can I join the HEAT slack? The invite link says it has reached the limit.
Slack support is resolving this currentlyanybody knows if they(heat) plan to opensource it ever, if yes, any idea when is that going to happen?
Yes. Highly likely in 2018, 60% chances during the 1st half.
anybody knows if they(heat) plan to opensource it ever, if yes, any idea when is that going to happen?
Hi there, how can I join the HEAT slack? The invite link says it has reached the limit.
C-Cex refund? What's that?
C-CEX escrow decided to force buyback HEAT ICO tokens sold on their platform. About half of the HEAT, approx. 50 BTC worth, were bought back with our company BTC, resulting in that -50 BTC loss and about 396 000 HEAT for the company. This was a nasty move by the escrow due to pressure from external manipulation but in hindsight probably beneficial to the company value (and consequently to HEAT token value), as indeed no tokens were initially reserved for the company - too generous compared to the norm. After that C-CEX came to their senses and HEAT has been in good standing. So instead of reserving a free stake in the issued token (commonly between 10%-20% in ICOs) these HEAT were fully paid for by the company from the investors who wanted to reverse their decision at that time. Although costly, part of these HEAT are planned to be distributed along with the options / share sale plan still in the making in order to make their stellar value proposition stand out even more.
The company has obtained, and is still getting, a considerable stake of HEAT through the C-CEX refund and since then by support purchases from market. This is good for the valuation and operations as originally there were nil HEAT reserved for company's operations (compare to what % ICOs nowadays reserve for the issuer). Part of these are intended to be used for redistribution along with the share sales.
C-Cex refund? What's that?
I don't want to talk bad about the project but the development seems to be too slow to keep up with the high speed of the rest of the crypto world.
Coin controlled by couple of users is not appealing.
Good point but this (couple of users) has never been the case with HEAT. There were the rich bunch in ICO yes, and accumulation after that may have made it less optimal - we've not paid attention to that - however there's major redistribution going on in the recent months through sales from large genesis stakeholders.The company has obtained, and is still getting, a considerable stake of HEAT through the C-CEX refund and since then by support purchases from market. This is good for the valuation and operations as originally there were nil HEAT reserved for company's operations (compare to what % ICOs nowadays reserve for the issuer). Part of these are intended to be used for redistribution along with the share sales.
The reply to my message was removed but I managed to read it, so will answer anyway. First of all, I am aware that the person who wrote it is a notorious fudder and troll here (I have read large part of the previous thread), so I understand why he is being censored here. Most of his posts are false accusations and attempts to skew the facts. Yes, facts are that there were delays but there is no proof those were manipulations done on purpose. Delays happen in every project it is hard to predict many factors and perhaps devs announced some things too early but that does not make them scammers (and calling them that is facts skewing that I mentioned). So let's not overexaggerate. And it applies to both sides, because hyping the project is equally damaging. And inbetween all the fud one important and valid information was hidden, that we should not ignore. It was mentioned that HEAT distribution is really bad and half of the coins are spread between 10 accounts. I must agree this is dangerous and very bad for any project. Most projects make it one of their goals in the ICO phase to distribute the coins to as many people as possible. Some ICOs are designed specifically to make this happen. Having half of the coins distributed among ten people, including two devs and one mayor holder, makes the distribution really bad and dangerous for new users and it simply does not make the project look good. This can be fixed though. There were mentions of second round of financing in the previous thread. And I do not mean IPO but there was significant amount of coins returned from one of the exchanges to be sold in further date. Perhaps this would be a good moment to make that sale happen in order to redistribute the coins more evenly. Unless you have other ideas to do this, consider this option. Lack of proper distribution is a big no for investors. Coin controlled by couple of users is not appealing.
How can I put a name in the (no name) spot next to my account number. I realize it can easily be done creating a new account... But for an old genesis account.. is it possible to get my @heatwallet.com address?
It may be possible without a fork but you'd need a custom made java server or other software interacting with the java... which is tough as the source isn't publicly available. Such feature isn't in high demand, so we've flipped the mechanism and phased it out. In our previous tech all account name assignments were done separately afterwards.Genesis accounts aren't recommended to be used continuously anyway (don't ask me the reasons
)
Currently forging happily.
How can I put a name in the (no name) spot next to my account number. I realize it can easily be done creating a new account... But for an old genesis account.. is it possible to get my @heatwallet.com address?
How can I put a name in the (no name) spot next to my account number. I realize it can easily be done creating a new account... But for an old genesis account.. is it possible to get my @heatwallet.com address?
Interesting project but no instant withdrawals is a huge flaw, noone will use that exchange until this is fixed. Also distribution is very very bad. Coin spread among couple of big holders is not a good sign. But I like your online wallet. Also this project not being on any exchanges makes it really suspicious, people are probably asking what is wrong with it, because when a coin is not listed on exchanges it usually means it is a scam (this is not the case here) or that it is an abandoned project. There are no proofs of scam and there is some work being done upon the project but there are no news on the website or any social media channel. Fix those things.
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