[old thread] - RISE | DPOS | APPS & DAPPS - page 156.

swtest

newbie

Activity: 25

Merit: 0

Quote from: McVenture on October 03, 2016, 04:16:28 AM

Hello Rise fans,

As was announced last Friday, the revamped RISE Delegate system is about to go online on Testnet. This means the community can start running their own nodes in less than 24 hours from now.

We invite those aspiring to become RISE Delegates and those wanting to be among the first to run a RISE node on the new system to spin up their VPN or Server and get ready.

We have released an install script that can be found on Github at https://github.com/RiseVision/rise-installers

We'll announce it here as soon as Delegate Testnet is live.

Testnet will run for 2 weeks, and we will take the data collected at the end of the two weeks to determine if the new delegate code is good enough to push to production. At that point, we can open up full scale delegation and the community nodes will be able to start forging RISE.

You ignore people's vote for inflation rate many times, why did you hide that? Insta dump your shit forging coin, we know. Grin

McVenture

sr. member

Activity: 378

Merit: 250

RISE Community Manager

Hello Rise fans,

As was announced last Friday, the revamped RISE Delegate system is about to go online on Testnet. This means the community can start running their own nodes in less than 24 hours from now.

We invite those aspiring to become RISE Delegates and those wanting to be among the first to run a RISE node on the new system to spin up their VPN or Server and get ready.

We have released an install script that can be found on Github at https://github.com/RiseVision/rise-installers

We'll announce it here as soon as Delegate Testnet is live.

Testnet will run for 2 weeks, and we will take the data collected at the end of the two weeks to determine if the new delegate code is good enough to push to production. At that point, we can open up full scale delegation and the community nodes will be able to start forging RISE.

Geenstijl

legendary

Activity: 1232

Merit: 1000

I sold my ICO Stakes earlier. I rebought recently as I still think a coin that gained 1700+ in ICO-funds has much more potential than a 650k market cap. I look forward to the accomplishments.

virasog

legendary

Activity: 3206

Merit: 1174

Leading Crypto Sports Betting & Casino Platform

Conversely, if the coin bottoms down the something like 50 Sat, the bot dumps the coin and pulls funds back from the inner token, to the InvestorToken, where it is safer.

Frenk Best

hero member

Activity: 714

Merit: 500

Quote from: McVenture on September 30, 2016, 11:12:42 PM

RISE Delegate Testnet about to be launched

http://forum.rise.vision/topic/61/dev-team-delegate-system-testing

Very good news guys

Now we await the launch of the fordzhinga Wink

McVenture

sr. member

Activity: 378

Merit: 250

RISE Community Manager

RISE Delegate Testnet about to be launched

http://forum.rise.vision/topic/61/dev-team-delegate-system-testing

cebb

hero member

Activity: 545

Merit: 500

Quote from: posternat on September 30, 2016, 12:39:25 AM

The dev has a good amount of leeway to live and learn. The automation doesn't start right away, but after the established start price on the exchange reaches a good point, say 500 Sat. The inside token trades into and out of Risen, based on price. However, if the price hits a good high, maybe 0.0001, then the investors get alerts and the InvestorToken remaining $500 is drawn upon for more profit.

I have no idea what you just said. Grin

posternat

hero member

Activity: 798

Merit: 500

The dev has a good amount of leeway to live and learn. The automation doesn't start right away, but after the established start price on the exchange reaches a good point, say 500 Sat. The inside token trades into and out of Risen, based on price. However, if the price hits a good high, maybe 0.0001, then the investors get alerts and the InvestorToken remaining $500 is drawn upon for more profit.

Videodrome

hero member

Activity: 588

Merit: 503

Free Julian Assange

I lost 1.5 BTC in this shit and yes one day i will met personally these guys....

bedskills

member

Activity: 93

Merit: 10

Quote from: JollyTrades on September 29, 2016, 06:35:49 AM

How's your kitchen office thing going guys? Cheesy

Bikini girls are on the kitchen office, they hire hookers there. Grin

Also, the left guy looks like Justin's brother, he was the actor. Cheesy

JollyTrades

hero member

Activity: 602

Merit: 500

How's your kitchen office thing going guys? Cheesy

malcovixeffect

sr. member

Activity: 714

Merit: 266

Quote from: Digital_Currency_LTD on September 28, 2016, 01:04:54 PM

This coin start turning a totally joke. Lisk 0.4.0d is out today so guys you can copy their code again...

I checked http://forum.rise.vision/ almost the topics are 2months ago and the latest is like 9 days ago http://forum.rise.vision/topic/59/python-sdk-pre-release

Bwahahaha, this project is a waste of money nothing new to offer..

scambust

legendary

Activity: 1652

Merit: 1007

Quote from: jorrr on September 29, 2016, 01:21:41 AM

Quote from: Digital_Currency_LTD on September 28, 2016, 01:04:54 PM

This coin start turning a totally joke. Lisk 0.4.0d is out today so guys you can copy their code again...

Correct they want to launch the copy on friday!
Hope it works Grin

LOLZ

szachta

hero member

Activity: 518

Merit: 500

Invest money from rise to icn.maybe money will double.chears.

jorrr

hero member

Activity: 588

Merit: 500

Quote from: Digital_Currency_LTD on September 28, 2016, 01:04:54 PM

This coin start turning a totally joke. Lisk 0.4.0d is out today so guys you can copy their code again...

Correct they want to launch the copy on friday!
Hope it works Grin

McVenture

sr. member

Activity: 378

Merit: 250

RISE Community Manager

Quote from: Darkoth89 on September 28, 2016, 01:01:16 PM

Quote from: McVenture on September 27, 2016, 09:37:36 PM

Quote from: andrealandia on September 27, 2016, 02:40:56 PM

i hope dev is continuing to develop this coin

Development is in full swing. A live testnet release of the new Delegate code will likely take place this coming Friday. Details to follow this week, stay tuned.

If you need assistance again let me know

Thanks @Darkoth89, your help in testing the network and your feedback would be greatly appreciated. Let's spin up those VPNs.

Justin will make an official announcement with all the details of the update on Friday.

Digital_Currency_LTD

hero member

Activity: 798

Merit: 1000

This coin start turning a totally joke. Lisk 0.4.0d is out today so guys you can copy their code again...

Darkoth89

hero member

Activity: 1274

Merit: 646

Quote from: McVenture on September 27, 2016, 09:37:36 PM

Quote from: andrealandia on September 27, 2016, 02:40:56 PM

i hope dev is continuing to develop this coin

Development is in full swing. A live testnet release of the new Delegate code will likely take place this coming Friday. Details to follow this week, stay tuned.

If you need assistance again let me know

Sweetbtc

hero member

Activity: 938

Merit: 503

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: altcoinrich on September 24, 2016, 12:53:51 PM

Quote from: jorrr on September 23, 2016, 05:58:08 AM

Just create some fake volume and use funds from the ICO to pump the coin above 2000 satoshi.

I want to recover my losses Undecided

and i'm not the only one Sad

Don't cry, move on your life, buy other coins and make profits, i did this, i cut my 8 btc big loss on this shit, and was all-in another ico coin, now I made multiple times.

The dev sells up the coin and the investors agree to go for it. A new side token asset is created under InvestorToken and $500 is moved there to invest in the coin. After that, the whole process is automated, like a trading bot.

BitcoinPC

hero member

Activity: 812

Merit: 500

Quote from: CREATIVE_Life on September 28, 2016, 09:42:36 AM

Quote from: McVenture on September 12, 2016, 05:35:43 PM

Quote from: jorrr on September 12, 2016, 07:24:44 AM

Quote from: McVenture on September 11, 2016, 11:02:48 AM

Quote from: RiseGal on September 11, 2016, 10:15:07 AM

Quote from: Wexfgy12 on September 10, 2016, 09:01:20 PM

Hi,

Why is the supply higher than the 100m the ICO stated? Where do the rest of those coins come from / is there more coins to be created?
Thanks

Great question! The excess coins are all from forging by the Delegate Nodes. Hope this answers your questions!

@Wexfgy12,

To elaborate on RiseGal's accurate response to your question, it's the pre-coded rate of inflation in Rise, the block rewards through 'forging' are the incentive to have multiple delegates securing the network. This has been explained in detail in the RISE White Paper.

Over the next 5 years RISE has the following rate of inflation:

Year 1: 15 RISE per block, 115,768,000 Total coins with 15.77% annual inflation rate
Year 2: 12 RISE per block, 128,382,400 Total coins with 10.90% annual inflation rate
Year 3: 9 RISE per block, 137,843,200 Total coins with 7.37% annual inflation rate
Year 4: 6 RISE per block, 144,150,400 Total coins with 4.58% annual inflation rate
Year 5: 3 RISE per block, 147,304,000 Total coins with 2.19% annual inflation rate
Year 6+: 0 Rise per block and therefore 0% inflation.

At the end of the the fifth year there is 0 block reward and transaction fees alone will sustain the network.

This is really unfair, the devs get all the new forged coins now.
That means they have 15,768,000 coins the first year combined with the "9 million to be withheld by the development team" make a total of:

24,768,000 coins for the developers!!

I calculated the percentages and found out that they then have more then 21% of all the coins! Angry

What happens when you decide to dump a few million coins to raise some cash

Your outrageous developers fund makes this coin even worse then the interest and the bonuses that the banks get!

.

Hello @jorrr,

We've touched on this question before, but it's good that you bring it up so we can clarify it once again and to get a constructive and fruitful discussion going regarding the matter.

What will happen to the forged RISE tokens

So to rephrase the question: what will actually happen with the tokens that have been and are currently being forged by the Genesis Delegate Nodes until the time when the new Delegate code is ready for release and the community can start taking over by running their own nodes and forging RISE themselves?

Let's start by making clear that these tokens are not disappearing in the Dev team's pocket and they will most certainly not be dumped to raise cash. We'll make a proposition of how they are to be spent and let the community decide if they agree on it or not... It will be comprised of bounties, DAPP developments and other things that will benefit the community and raise the value of the RISE platform.

If you or others reading this have inspiring ideas of how it is to be spent then please voice it by all means. I've opened a new thread on this subject at the RISE forum where you can submit your ideas and discuss the matter further with our team and the community:

--> http://forum.rise.vision/topic/54/what-shall-we-do-with-the-forged-rise-tokens-submit-your-ideas-and-discuss

Hi Alty, McVenture !

I really believe in your project and its successful future

Guys, I actively promote all the time your project
me in all possible ways ...
And I think that I deserve to share the bounties of the fund ?? Huh

I will be very grateful Wink

Along comes a dev with "Risen" a new coin for the zombie population when it arrives. The end is coming and zombies will need currencies too. Digital is easier for the decayed fingers than getting paper FIAT all wet and messy. A waterproof mobile smartphone, Risen coins and the zombie is good to go.

Topic: [old thread] - RISE | DPOS | APPS & DAPPS - page 156. (Read 653336 times)