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Topic: [IoP] Fermat presents the Internet of People App Token - page 18. (Read 66321 times)

legendary
Activity: 854
Merit: 1000
Hello,I haven't received my translation bounty yet.I have sent you my IoP address 2 days back.
I put a lots of efforts and time to translate as I dont do Google translation.
I need good amount of time to translate whitepaper as it is very length document.
Timely payment will make me start working on it early
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
member
Activity: 100
Merit: 11
@ije07 Please put the link into the spreadsheet by adding comment in correct place  under your country chapter and the IoP address next to it.
member
Activity: 100
Merit: 10
I have a complaint, concerning the head from Russia. I ask to help the third day me with registration of a mining, but he ignores my messages.

Someone can help me with it? I cannot understand how to obtain the license?

if it wouldn't be bothering for U to point me out where and when did U ask for my help? I've checked all my messages here,on  slack, google spreadsheet, google email, vk com, and twitter. Also, I have checked all ur posted messages here for 1 month (which I consider as a kinda hateful ones).  so, WHERE  and  WHEN did U asked 4 my help?
newbie
Activity: 23
Merit: 0
I have a complaint, concerning the head from Russia. I ask to help the third day me with registration of a mining, but he ignores my messages.

Someone can help me with it? I cannot understand how to obtain the license?
so only those people who hold the purse to sell it Smiley but I think it would be better to have the openness that everyone can participate in mining



Hi, to obtain the license follow the steps listed here:

https://medium.com/@luisfernandomolina/iop-mining-7b1c1bf7febd#.49n56iw76

We are working towards decentralizing the mining licenses scheme. If you are interested in learn what we are going to build you can read here:

https://docs.google.com/document/d/1BOB3Xc5vHNKBNZJeosXGi0iNCxiD6rbFTvbF1uXfv10/edit?usp=sharing

Cheers!

newbie
Activity: 23
Merit: 0
Just curious will the mining cap effect the network hashrate in a negative way, as people reach the cap just shut off miners?

Yes, it does affect the hashrate since miners stop mining once they reach the mining cap, but at this stage that doesn't have any negative impact. You need huge hashrate to secure the network when anyone is allowed to mine, in order to prevent a huge hashrate holder to highjack your blockchain and fork it as will. IoP in its current stage is not open for anyone to mine, so it doesn't rely on huge hashrate to keep the network secure. As time goes on and the chapter network is fully built, mining will be opened to anyone. But even anonymous miners wont be able to attack the network with hashrate at that stage either, since there will be by that time a PoS / PoW hybrid which will prevent a single entity to mine two blocks in a row, meaning that they can never mine outside and later produce a fort of several blocks.

In short, hashrate is only important in pure PoW blockchains. When other mechanisms are added they lose relevance, in some cases like ours, a lot.

You can learn more about the chapter network we are building here:

https://docs.google.com/document/d/1BOB3Xc5vHNKBNZJeosXGi0iNCxiD6rbFTvbF1uXfv10/edit#

And about our ideas of an hybrid PoS / PoW here:

https://docs.google.com/document/d/1fwXOCfX0zfJv-MloeVAsVjS_JEpfdIXHUObMBijLrJ8/edit#
sr. member
Activity: 377
Merit: 250
Next Generation Antivirus
Is someone mining FERMAT?
full member
Activity: 387
Merit: 100
i will support too.....  and join camp when i become member
sr. member
Activity: 1092
Merit: 256
I'll Support this Project for my country at least and for sure want to induce IoP for Great in the future Wink
full member
Activity: 174
Merit: 100
Just curious will the mining cap effect the network hashrate in a negative way, as people reach the cap just shut off miners?
legendary
Activity: 854
Merit: 1000
Hello,Hindi translation of this thread is available here https://bitcointalksearch.org/topic/ann-fermat-1697254
I will now start working on whitepaper translation
hero member
Activity: 518
Merit: 500
legendary
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
newbie
Activity: 23
Merit: 0
Interesting concept but it's still not really clear,  how you would secure the network with only one miner per country as example?

It is not one miner per country. This is just the current phase. Right now we are building this chapter network as the backbone of the mining network. Once we have a highly distributed backbone with engaged people, the mining will be open to anyone to participate anonymously. In that way bad actors will be outnumbered by chapter miners. I understand it is difficult to understand if you don't know the full plan.

To learn more about this plan I recommend you to read this:

https://docs.google.com/document/d/1BOB3Xc5vHNKBNZJeosXGi0iNCxiD6rbFTvbF1uXfv10/edit#heading=h.ri2zjtfdb7g2


legendary
Activity: 854
Merit: 1000
Hello,Hindi translation of this thread is available here https://bitcointalksearch.org/topic/ann-fermat-1697254
legendary
Activity: 1232
Merit: 1001
!Appeal to all IoP holders a lot has happened since IoP App Token got released, we have 35+ Chapters that joined our venture from all over the world. 50+ Miners, 10+ translations of OP, 10+ reposts of OP to crypto related boards outside bitcointalk and the most fairest mining systems ever invented. Some of you joined just to reserve mining spots, some of you joined after seeing potential but still not clear what! you know, that feeling when something tells you this could be it Smiley. Its understandable in this early stage that a lot of things are unclear and confusing but one thing i can assure you of is that IoP is more than just mining. your precious IoP that you earn today are meant to be Hold for upcoming evolution of this project, keep in mind that your precious IoP will enable you to vote on our Self-Governing system where you and me decide who will get payed by Blockchain. For making a Proposal you will need to deposit 1000 IoP Wink and if majority Votes on your Proposal you get payed by Blockchain.

If you are lucky now to mine then you should be aware that when our POW gets upgraded to newly invented POW/POS hybrid, then you will need those precious IoP to continue mining/minting.

My Appeal on all you lucky IoP holders, don't let them go Cool they are precious.

sr. member
Activity: 1848
Merit: 261
20BET - Premium Casino & Sportsbook
sometimes I still want to ask about this
http://explorer.fermat.community/richlist
sr. member
Activity: 1988
Merit: 268
20BET - Premium Casino & Sportsbook
Happy to announce we are listed on coinmarketcap
https://coinmarketcap.com/currencies/fermat/
Happy trading 😉

Great

But i got surprised when I see price on c-cex. that is very cheap..I'll bought them when payday already received Wink
I think yeah probably buy it cheap, why not wait for them to throw cheap after they finished spent mining for their community Smiley
Good luck
sr. member
Activity: 1092
Merit: 256
Happy to announce we are listed on coinmarketcap
https://coinmarketcap.com/currencies/fermat/
Happy trading 😉

Great

But i got surprised when I see price on c-cex. that is very cheap..I'll bought them when payday already received Wink
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