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Topic: [old thread] - RISE | DPOS | APPS & DAPPS - page 157. (Read 653289 times)

hero member
Activity: 798
Merit: 1000
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...
hero member
Activity: 1274
Merit: 646
September 28, 2016, 01:01:16 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
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
September 28, 2016, 11:56:57 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. 
hero member
Activity: 812
Merit: 500
September 28, 2016, 11:02:24 AM
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 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 Smiley

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. 
hero member
Activity: 714
Merit: 512
September 28, 2016, 09:42:36 AM
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 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 Smiley

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




member
Activity: 91
Merit: 10
September 27, 2016, 09:41:41 PM
Two More Full Time Developers Officially Onboard With Rise:

Congratulations and welcome aboard to Richard and Nathan who have joined the Rise project and will be coding from Justins "Kitchen Office" until they find a more suitable work space.

Expect to see a ton more of development updates on a continuted basis from now on.

At the moment the team is focused on resolving the public delegates forking issue.

To start with they are building in a function for the delegates to validate the blockheight prior to starting work on a block, to ensure they are on the same node.

After that they will work on keeping all the nodes in sync with each other.

For the time being Richard and Nathan are working on the above with Justins direction whilst Justin is beginning architecture for the other tasks.

Wish them all the best of luck over the coming months!! Wink


Rise "Kitchen Office" The Beginning:





Another team member will be announced next Monday!





This could have been a joke, if not it said a lot

this is already a 2 month old post. though rise has not risen since then.

when is LISK next release?

During this period, they insta mined 3 million rise from dpos scheme. After they dump the coin, the project will be dead completely.
sr. member
Activity: 378
Merit: 250
RISE Community Manager
September 27, 2016, 09:37:36 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.



 
legendary
Activity: 1470
Merit: 1000
September 27, 2016, 02:40:56 PM
i hope dev is continuing to develop this coin
sr. member
Activity: 457
Merit: 250
Generation Blockchain.
September 25, 2016, 04:26:24 PM
Two More Full Time Developers Officially Onboard With Rise:

Congratulations and welcome aboard to Richard and Nathan who have joined the Rise project and will be coding from Justins "Kitchen Office" until they find a more suitable work space.

Expect to see a ton more of development updates on a continuted basis from now on.

At the moment the team is focused on resolving the public delegates forking issue.

To start with they are building in a function for the delegates to validate the blockheight prior to starting work on a block, to ensure they are on the same node.

After that they will work on keeping all the nodes in sync with each other.

For the time being Richard and Nathan are working on the above with Justins direction whilst Justin is beginning architecture for the other tasks.

Wish them all the best of luck over the coming months!! Wink


Rise "Kitchen Office" The Beginning:





Another team member will be announced next Monday!





This could have been a joke, if not it said a lot

this is already a 2 month old post. though rise has not risen since then.

when is LISK next release?
sr. member
Activity: 308
Merit: 250
September 25, 2016, 02:29:07 PM
Two More Full Time Developers Officially Onboard With Rise:

Congratulations and welcome aboard to Richard and Nathan who have joined the Rise project and will be coding from Justins "Kitchen Office" until they find a more suitable work space.

Expect to see a ton more of development updates on a continuted basis from now on.

At the moment the team is focused on resolving the public delegates forking issue.

To start with they are building in a function for the delegates to validate the blockheight prior to starting work on a block, to ensure they are on the same node.

After that they will work on keeping all the nodes in sync with each other.

For the time being Richard and Nathan are working on the above with Justins direction whilst Justin is beginning architecture for the other tasks.

Wish them all the best of luck over the coming months!! Wink


Rise "Kitchen Office" The Beginning:





Another team member will be announced next Monday!





This could have been a joke, if not it said a lot
legendary
Activity: 1652
Merit: 1007
September 25, 2016, 10:37:23 AM
By the way, are eating and sleeping dev jokes still trendy here? LOLZ, memories.

https://youtu.be/-iZqS5lc-Qg?t=41m45s

Eating and sleeping are for the weak, why is it all these ICO coins don't have their shit together before the Launch.  Testing should be done BEFORE the ICO even starts, NOT months later at launch.

It is a fuckin disgrace.
hero member
Activity: 588
Merit: 501
September 24, 2016, 12:53:51 PM
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.
hero member
Activity: 1246
Merit: 708
September 24, 2016, 12:36:22 PM
RiseVision  McVenture
                                      Hi !!!
Very good news you spread all the time,and it is evident that the work is in full swing you have on the project.Thank you!
But I have a question for you:
1.Why these news are laid out just on bitcoin talk?
2 When worthy marketing?
3 When the Rice is on other exchanges?
Thank you!

Hello @arhibalt,

To answer your questions:
1) News on RISE is not only reported on bitcointalk. In fact the best place to read what's happening with RISE is on our own RISE forum at http://forum.rise.vision
2) We will start marketing after the new Delegate Code is released and we've put out a few PoCs (Proofs of Concept).
3) We can't predict when a new exchange will list RISE.



I am interesting in more coin than only one RISE.. could you tell about current development status from time to time here? Regards Smiley
legendary
Activity: 1652
Merit: 1007
September 24, 2016, 11:44:53 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


Shhhhhhh...
legendary
Activity: 1938
Merit: 1014
September 23, 2016, 08:21:00 AM

2) We will start marketing after the new Delegate Code is released and we've put out a few PoCs (Proofs of Concept).
3) We can't predict when a new exchange will list RISE.



I am glad that the project is still afloat.

Thanks for the news. I keep a certain number of coins for the future Smiley
legendary
Activity: 1372
Merit: 1000
September 23, 2016, 08:13:51 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

Yeah and transfer the losses onto someone else.
member
Activity: 104
Merit: 10
September 23, 2016, 07:22:15 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

Money wasn't given to the devs for them to run a fake pump. Their job is to build the platform.

And if you're not happy with the way the price has performed thus far then guess what - that's the only reason you can even make money investing.

There's risk involved, a lot of projects aren't immediate successes or fail over the long run, that's the only reason you can profit from investment.

A lot of ventures fail, and development takes resources and time. And the payoff for your capital might come later or never at all.
hero member
Activity: 588
Merit: 500
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
sr. member
Activity: 378
Merit: 250
RISE Community Manager
September 23, 2016, 02:22:38 AM
if rise is delisted in bittrex, its safe to say the price will be 1sat.

There is a few b trading volume daily, bittrex won't delist it very soon. If in next year, the volume keeps under 0.5 btc, bittrex may delist it.

you gotta be kidding me right?
Its bearly 1btc in 24 hr volume.
I'd say this coin has had its day.

Volume was low today because of Wallet Maintenance at Bittrex. Maintenance has been completed and trading has resumed.



I think there is no volume because everyone who is clever already sold his stack so that the only coins left are in the hands of the devs and some whales.
They don't trade and sit on it, explaining the low volume.

You released some stuff and no trading going on, the exciting days of this coin are over


@jorrr, you say "the only coins left are in the hands of the devs and some whales"? I respect your opinion but the evidence doesn't support this assumption. A quick look at the distribution tab of Bittrex well as the RISE Rich List and you can see that RISE is in the hands of many people.


RISE Rich list
http://explorer.rise.vision/topAccounts






sr. member
Activity: 378
Merit: 250
RISE Community Manager
September 23, 2016, 02:02:42 AM
When you start with marketing, Just call me for portuguese translation.

All the best

Thanks!

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