There's a current task of creating 3 flips may I ask what will happen if I don't managed to comply with this task until validation?
Here is your answer: https://bitcointalksearch.org/topic/m.54892770
Topic: Idena is the first Proof-of-Person Blockchain - page 58. (Read 44019 times)
Here is your answer: https://bitcointalksearch.org/topic/m.54892770
There's a current task of creating 3 flips may I ask what will happen if I don't managed to comply with this task until validation?
Production cost is calculated as 1$ per node per day of minting. Which is a fair reward in my opinion.
You forgot the part where you and your team decide to steal invitation rewards for yourselves even though you own over 49% of supply.
You guys had a great opportunity to make this into a very successful project, that opportunity is now gone.
Greed always destroys or damages these types of projects.
All the changes made reduced their DNA income on the validation day + the low income from mining. You spend like $11-12 (depending on VAT) for the VPS and get $25-26. For $14-$15 a month they don't bother.
Which change reduce DNA income?
I agree with realRioda. Its all about the price.
Bugaga made this and post on telegram:
Production cost is calculated as 1$ per node per day of minting. Which is a fair reward in my opinion.
Yeah, people left since there is no more money to be made. All the changes made reduced their DNA income on the validation day + the low income from mining. You spend like $11-12 (depending on VAT) for the VPS and get $25-26. For $14-$15 a month they don't bother.
after a while, number of validated identities is down, it is not much, from 2710 to 2677, but that is a stop for continuous up-trend, that was struck only by block error five epoch's ago
what do you think is a reason, just summer vacation period or there is more to it?
what do you think is a reason, just summer vacation period or there is more to it?
I beleive that biggest stimuli for user growth would be bigger price. It's not the same now when daily mining reward is under a dollar compared to biggest user growth when people practically begged for invites, then daily mining reward was 4.5 dollars. As simple as that.
Take a look at a detailed graph explaining who failed the most:
https://idena.today/images/matrix/matrix-51.svg
Mostly newbies that either forget about validation or they are not motivated to continue.
Candidates who most likely fail to setup stable Idena node, either late sync or bad internet connection/router.
after a while, number of validated identities is down, it is not much, from 2710 to 2677, but that is a stop for continuous up-trend, that was struck only by block error five epoch's ago
what do you think is a reason, just summer vacation period or there is more to it?
what do you think is a reason, just summer vacation period or there is more to it?
So steal the invitation rewards plus 49% of all supply of coins.
You guys really like defending their corruption.
Why not use the millions of coins they already allocated for themselves from genesis.
Hey mate, I hear you, as I don't like the premined amount either, but it is what it is. If you like it as it is you stay, if not you forget about it and find another project.
Don't get me wrong, but this is how I would do if I can't stand a project, I just don't loose any more time, and trust me, is worst to stick around a project you dislike. I've been there.
it looks like it is the address of the foundation's fund wallet, where the funds will be used to fund the development of IDENA in the future or for the promotion of IDENA etc., correction if I am wrong
https://scan.idena.io/circulation
https://scan.idena.io/circulation
Correct, but...
This was repeated there 10 times. lemonandfriesonetwo knows the answer (because he was the reason of last 5 times when it was repeated) but is not satisfied with it.
BTW. Today is a validation day. Make sure you have updated and synced node and your status is "wait for validation"
So steal the invitation rewards plus 49% of all supply of coins.
You guys really like defending their corruption.
Why not use the millions of coins they already allocated for themselves from genesis.
it looks like it is the address of the foundation's fund wallet, where the funds will be used to fund the development of IDENA in the future or for the promotion of IDENA etc., correction if I am wrong
https://scan.idena.io/circulation
https://scan.idena.io/circulation
Correct, but...
This was repeated there 10 times. lemonandfriesonetwo knows the answer (because he was the reason of last 5 times when it was repeated) but is not satisfied with it.
BTW. Today is a validation day. Make sure you have updated and synced node and your status is "wait for validation"
I still don't understand how robbing people from invitation rewards is "fair".
https://scan.idena.io/address/0xcbb98843270812eeCE07BFb82d26b4881a33aA91
it looks like it is the address of the foundation's fund wallet, where the funds will be used to fund the development of IDENA in the future or for the promotion of IDENA etc., correction if I am wronghttps://scan.idena.io/address/0xcbb98843270812eeCE07BFb82d26b4881a33aA91
https://scan.idena.io/circulation
I still don't understand how robbing people from invitation rewards is "fair".
https://scan.idena.io/address/0xcbb98843270812eeCE07BFb82d26b4881a33aA91
https://scan.idena.io/address/0xcbb98843270812eeCE07BFb82d26b4881a33aA91
Try to install app and activate today or tomorow if you want to participate in next validation that is on saturday 13:30 UTC. Invitation code will expire after that.
Yes, I've already have invitation before but I failed to validate it because of the timezone and my sleeping schedule but I've already activated the invitation and will just wait for the validation date. Right now, no. We are still early into the project. Take a look here to read and learn more
https://idena.io/IdenaPitchDeck.pdf
Regular way to get an invitation code is to visit Flip School on Telegram
https://t.me/idenaflipschool
But for a Hero Member, expect invitation in the inbox today.
Understood, I'll read the Pitch Deck you've sent. Also I received the invitation code, thanks for sharing it I'll be looking forward on your project!https://idena.io/IdenaPitchDeck.pdf
Regular way to get an invitation code is to visit Flip School on Telegram
https://t.me/idenaflipschool
But for a Hero Member, expect invitation in the inbox today.
Try to install app and activate today or tomorow if you want to participate in next validation that is on saturday 13:30 UTC. Invitation code will expire after that.
Right now, no. We are still early into the project. Take a look here to read and learn more
https://idena.io/IdenaPitchDeck.pdf
Regular way to get an invitation code is to visit Flip School on Telegram
https://t.me/idenaflipschool
But for a Hero Member, expect invitation in the inbox today.
Understood, I'll read the Pitch Deck you've sent. Also I received the invitation code, thanks for sharing it I'll be looking forward on your project! https://idena.io/IdenaPitchDeck.pdf
Regular way to get an invitation code is to visit Flip School on Telegram
https://t.me/idenaflipschool
But for a Hero Member, expect invitation in the inbox today.
What kind of invitation code are we talking about? how can i find out more?
Invitation code is exactly the thing that it's name suggest. It is a code, like a password that you can receive from people that are allready part of Idena network. Verified Idena members can issue a code and invite new people into the network. You need invitation code so you can participate in next Idena validation. More about invitation codes and how to get them.
https://www.idena.io/?view=faq#faq-network-2
https://idena.site/faq_tutorials.php#answer11
What kind of invitation code are we talking about? how can i find out more?
I've been looking on to this project for quite some time but besides from trading it is there any use of its token?
Also it's hard to ask for an invitation from the users and some are selling it. Is there a chance that you would open a competition and you'll will reward participants an invitation so they can mine through their wallets?
Also it's hard to ask for an invitation from the users and some are selling it. Is there a chance that you would open a competition and you'll will reward participants an invitation so they can mine through their wallets?
I don't see people selling invite code,it's much easier and comfortable to get an invite code now you can join the idena flip school so you will have an idea on how to solve flips in Idena, we don't support the selling of invite code, everyone is welcome to join and mine just be sure you fully understand the whole concept.
I've been looking on to this project for quite some time but besides from trading it is there any use of its token?
Also it's hard to ask for an invitation from the users and some are selling it. Is there a chance that you would open a competition and you'll will reward participants an invitation so they can mine through their wallets?
Also it's hard to ask for an invitation from the users and some are selling it. Is there a chance that you would open a competition and you'll will reward participants an invitation so they can mine through their wallets?
Right now, no. We are still early into the project. Take a look here to read and learn more
https://idena.io/IdenaPitchDeck.pdf
Regular way to get an invitation code is to visit Flip School on Telegram
https://t.me/idenaflipschool
But for a Hero Member, expect invitation in the inbox today.
I've been looking on to this project for quite some time but besides from trading it is there any use of its token?
Also it's hard to ask for an invitation from the users and some are selling it. Is there a chance that you would open a competition and you'll will reward participants an invitation so they can mine through their wallets?
Also it's hard to ask for an invitation from the users and some are selling it. Is there a chance that you would open a competition and you'll will reward participants an invitation so they can mine through their wallets?
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