Topic: [old thread] - RISE | DPOS | APPS & DAPPS - page 161. (Read 653326 times)

HI McVenture

It can be a little more information about Fordzhinga start ... ??
much about him wait, week, month, or next year ...?

Thanks!

don't think so!

To the one holding up the buy wall, remove it and see what the real value is of Rise coin

.

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 @QSiontex, thank you for taking the time to ask these questions.

1) A hard release date hasn't been set for it. The Delegate system will be opened up for the community as soon as we deem it ready and stable, so that the Nodes of the top 101 Delegates who are voted in by the community can start forging RISE. It is the Dev Team's number one priority to lay down a solid foundation for the RISE platform and release the new code only after extensive testing and security auditing is completed to satisfaction. The Delegate system is being redesigned to split the nodes into Delegate nodes and Core nodes. More in-depth details of this redesign has been published in the Developers Blog on the official RISE forum:
http://forum.rise.vision/topic/41/dev-team-core-nodes-delegate-nodes

2) This question was recently answered in our September RISE DEV Q&A. Promotions and marketing will start once the new delegate / core node code is released, and we get our documentation up to par. http://forum.rise.vision/topic/53/results-of-rise-developers-q-a-september-2016

3)  We're focused on adding real value to RISE through developing a rock-solid and stable platform and to complete the milestones as laid out in our road map. As development progresses and real world applications are being released we believe it will drive demand and it will eventually catch the attention of exchanges that haven't listed RISE yet.

In addition, RISE has been added to the voting list of Cryptopia as well as C-CEX and the community can help us to get RISE listed there by voting via the following links:
https://www.cryptopia.co.nz/Vote
https://c-cex.com/?id=vote

Is this huge buywall from the Dev Team to support the price?

@sibnia, The RISE wallet can be used for as long as you want. You can create as many new ones as you want as well at: https://wallet.rise.vision

If you are referring to the RISE Windows Wallet, a basic version (alpha release) of this wallet is available for download at:
https://github.com/RiseVision/Rise-Wallet-Windows/releases

how long I will be able to use the wallet Rise

Good questions...

That's why so many people call this a scam, because they said no more coins before ico enda, but now, they changed the terms, pathetic fucking poor dev team, scammers especially alty, shitty man with drug addiction without penis.

Thanks , I will use https://wallet.rise.vision/ it looks pretty cool

Yes, your best option is to go to https://wallet.rise.vision and create an online wallet there.

We also have a simple windows wallet you can download and try, it's an alpha version, so it's a work in progress.
http://forum.rise.vision/topic/42/rise-windows-desktop-wallet-release-alpha-version

or can I create one with this https://wallet.rise.vision/

Please where can I find the link to download the window rise wallet?

Thanks

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!  

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!

Looks like a ghost town here, i would be more concerned when 1M+ $ investment is on the line.

We are supposed to believe that the devs are hard at work programming new features of the coin, without barely any updates?

The delegate stuff takes far too long to fix with so many devs working on it.

I'm starting to question if the devs are even capable to deliver at least one of all the promises on the roadmap?

Dev spend the coins on bad things.

DEVs

1) Guys when Fordzhing for delegates to be launched ??
(At least approximate or exact timing name ..)

2) So is why there is not any marketing ??

3) And what is being done to add to the new Exchanges ??

Thank you for your detailed answers to these questions !

This thing won't pump until Lisk starts moving. 

@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.