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Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 129. (Read 240363 times)

newbie
Activity: 275
Merit: 0
Every coin is mooned to 7 or 8 cents, except ETN. Would like to understand how come a coin which has been in limelight for long time is not gone up much?  Any reason?
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
Being discussed here gives it a bigger platform than it deserves.

However Thanks

Im letting everyone know its that any buyers will be getting scammed believing that the sideschain coins they buy from ETN owners have a chance


newbie
Activity: 11
Merit: 1


May his coin evaporate...

Why do you want your free money to decrease in value?
member
Activity: 413
Merit: 17
So http://electronero.org/ is owned by Mark Evans :-


ADMINISTRATIVE CONTACT
Name:Mark Evans
Organization:Vapor B2B, LLC
Street:256 altamonte bay club circle,
#104
City:altamonte springs
State:Florida
Postal Code:32701
Country:US
Phone:+1.8448273222
Email:[email protected]

It seems he in into Vapor or is it vapourware :-

https://www.linkedin.com/in/globalvapor/

sr. member
Activity: 952
Merit: 251

Can you exlpain please more in details about mobile mining or point to article for better understanding?

From my opinion the purpose of mobile mining to make involve more people into this project and grow the size of the community. As you can see 100k people already doing this job to get some tokens as rewards this is nice achievement so far.
sr. member
Activity: 462
Merit: 252
Buy/Sell crypto at BestChange
100,000 mobile miners for the first time since launch!

1.26 million confirmed users in total and over 700,000 app downloads.

This is our first milestone of mass adoption


Can 100000 mobile miners beat one asic? Grin `Today I earn 10ETN with 3 rryzen and before the asic release it was like 50, wish the hard fork will happen faster.

dude, you still didn`t get it? your mining simulation isn`t real mining... you do nothing on the chain, so the asic miners affect zero to your payouts.
maybe you get less payout because of more app users Roll Eyes

Can you exlpain please more in details about mobile mining or point to article for better understanding?
legendary
Activity: 1540
Merit: 1002
I still keep ETN in my wallet, I think ETN requires another trading site, at least it can get high volume in the future and make the price slightly better than before Smiley


Upcoming release will help this project to boost up soon stay tuned for further news and update. I think so after this achievement they will make this possible to get place on big volume exchanges to bring more attention for this platform.
member
Activity: 294
Merit: 10
I see how the team works and I like the owner of several coins very much. I hope for a wide use of the project.
member
Activity: 413
Merit: 17
What are we supposed to do about that non afiliated electronero fork? Is it a scam? Please, I am a noob and have not seen this situation yet.

I'm not quite sure what to make of this situation either but something does not feel right.  When something is too good to be true it normally means it's not true! 

Whilst the pre-mine and current antics at Electroneum are annoying people and hence some of the principles laid our in this other coin.  It neither ethical or in good spirit to implement such a coin, which concerns me about the real motives and people behind this Electronero.

I very much doubt that the mobile miner will be implemented in the timescales and then it just becomes another copy coin.  Two years ago this was all the trend and hundreds of coins would spin up and die quite quickly. 

The good news is that competition is healthy so this will help drive Electroneum even faster and they have the resources now.

This will be Chapter 6 in my book : Copycat

Let's see where this one goes....
jr. member
Activity: 101
Merit: 1
Q&A Sent to Richard Ells - Here's the response

....


That was a nice read, the priorities of the team find me in agreement, but where is your source? I'd like to merit you but I want to make sure this Q&A was real.


it was posted on Electroneum reddit
legendary
Activity: 2296
Merit: 1038
Bitcoin Trader
I still keep ETN in my wallet, I think ETN requires another trading site, at least it can get high volume in the future and make the price slightly better than before Smiley
member
Activity: 845
Merit: 56
What are we supposed to do about that non afiliated electronero fork? Is it a scam? Please, I am a noob and have not seen this situation yet.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
Q&A Sent to Richard Ells - Here's the response

....


That was a nice read, the priorities of the team find me in agreement, but where is your source? I'd like to merit you but I want to make sure this Q&A was real.
jr. member
Activity: 101
Merit: 1
Q&A Sent to Richard Ells - Here's the response

Sorry for the delay, it’s hard to find the time to answer with any level of detail! Crazy busy leading up to the Fork and instant payments are being coded.

Thanks for your support!!

Richard.

Anyway here goes…

 

Q) How are things looking for the IOS app release? People are wondering if there has been any updates on whether Apple has accepted ETN as one of its own. Are there any updates on the subject matter?

 

Re-applied on Wednesday 2nd with the ability to SEND ETN removed (the send button takes you to my.electroneum.com). This should allow miners to start mining and view balance etc.

Android new version was launched Thursday 3rd that has notifications in it, making it more obvious what’s happening with mobile mining payouts as well as transfers etc. It is also the first step in the notification system for instant payments. We are working on Push Notifications too.

 

Q) During his trip around the world, in one of his interviews, Richard quoted “We’ve amassed these numbers and we haven’t even started marketing”. With that said, when can we expect marketing to “start” and can you share any plans which are down the pipeline?

 

There is nothing to be gained by driving users to Electroneum until we have delivered our end to end ecosystem. IE. We need our MVP (minimum via proposition) of instant payments live and an API to allow anyone (vendors or mobile operators / ecommerce / EPOS) to accept ETN. We are VERY close to launching our instant payment notification system, which allows shops that currently top up/pre-paid mobile phones to start accepting ETN giving us and end to end ecosystem. We don’t want to market a product that can only be amassed, not SPENT. We have an API under development that allows integration on ecommerce and by the mobile networks to accept ETN for data etc. Once the MVP is out we will tentatively increase our exposure and once we have the MVP API and an integration with a mobile provider ready – we will start in earnest. It’s important to note that we’ve onboarded over 1.25m users just by word of mouth so far, so we are very confident of being the cryptocurrency with the most users within 2018. I will go into more detail later but we are resourcing our new marketing department.

 

Q) Several members are very worried in regards to the longevity of the coin with ASIC’s on the rise. The current difficulty has skyrocketed from 16 bil to upwards of 55-60 bil. This is making it extremely difficult for GPU miners to actually accumulate any coins. Here’s what they would like to know:

 

Anti asic goes live on block 307500 – around May 30th.

 

1) When are we going to fork? Monero, along with several other cryptonight currencies have forked to v7 already with no issues. Why isn’t Electroneum following suit? Do we have a set block height at which we will fork if we do?

 

See above – we did not perform a “knee jerk” fork, as we wanted to ensure it is tested well before release. We also wanted to include our other items we’ve been working on that help us in regards to becoming a regulated cryptocurrency and to ensure the blockchain is more suited to purpose. We are moving away from privacy and towards larger volume of transactions and being accepted by a regulatory environment. We are going to see more of this type of thing (https://www.forbes.com/sites/adelsteinjake/2018/04/30/japans-financial-regulator-is-pushing-crypto-exchanges-to-drop-altcoins-favored-by-criminals/) as crypto becomes more widely accepted. See our blog for more details.

 

2) What is your plan with regards to having 3 Asic miners in your office? Are you planning on changing from the original code?

 

See above. Needed to test the anti-asic. Essentially we have been using ASICS to test our new anti-ASIC code which will form part of the fork.

 

NEW QUESTION…. When are you releasing new code for the blockchain update?

 

We have tested our fork repeatedly and are releasing the full blockchain update for public scrutiny on the 4th May. Then during the week commencing 7th May we will provide binaries and start ensuring all the exchanges and pools (and all other node operators) update their node software before May 30th (block number 307500). If people start using the new versions of the CLI and RPC wallets from that point then any transactions that are in the mempool at the time of the fork will still be processed. If they are using older wallets (current version) there is a possibility that the transactions will fail due to the removal of some of the privacy aspects of the coin. Our new wallet software removes this NOW, so any transactions are ready for the changeover on block 307500.

 

3) Will you be monitoring the mempool more closely?

 

We have made adjustments to mitigate flooding attacks and many more things. We always monitor the mempool but of course we will be monitoring much closer during the leadup to fork and just after fork, where we will all be glued to the screen!

 

4) There was speculation on Antminers being shipped out in June. That date, is in fact, May. Baikal miners have already shipped and are active. How do you feel about this?

 

There appears to be quite a large distribution of ASICS. . We have no evidence of a 51% attack. We will see a whopping drop in hashing power once we fork, and we are not worried about that either.

 

Q) Is there a plan to get on to a large scale exchange in the near future? The HitBTC link on your page has said “Coming soon” for months now. Members are wondering if there is any possibility of getting listed on a reputable exchange.

 

HitBTC have been asked (by us) to wait until after we fork. We were under huge FUD attack and there was no point pushing forwards with exchanges until we had solved the problems. We have plans for large exchanges, at this moment I am not releasing details.

 

Q) People have noticed a sever amount of “soon” comments and are getting worrisome. Do you feel that giving estimated dates, rather then “soon” would help the community build trust behind the project?

 

The project has only been live since December. What we have achieved is incredible. It’s hard to give precise dates on things when so many things are out of our control. What I can say is that I am more confident today of us delivering a working, instant payment cryptocurrency system this year, and gaining the millions of users I promised than I have ever previously been. The level of corporate interest has been incredible, but we are needing to do things that I didn’t predict. I’m not going to go in to details, but I assure you it’s all very good!!

 

Q) Your patent has been approved for “pending status”. Can you now go into detail in regards to what this patent holds? People are very excited to hear about this.

 

Instant payments between users of cryptocurrencies. Once the lawyers tell me I can, I’ll publish the entire document. It also covers crypto subscription payments.

 

Q) Are you hiring US based developers? Via contract or other methods? If so, how would one apply?

 

Currently we only have 1 developer outside of our office (Andre). We are not seeking remote workers except on blockchain & open source items, due to the security implications of remote workers and remote jurisdictions.

 

Q) The details you released about the patent, and the plans for implementation that were released on Youtube are intriguing and ambitious. If you manage to pull it off, you'll certainly be one of the biggest cryptocurrencies in the world.

Such a task won't be easy. Start-ups like PayPal, Google, and Amazon all went from having a handful of developers to now having hundreds of developers and support staff. The transition from the original few that we saw in the office, to the numbers of staff you have today took some time and organizing (people working out their notice periods etc).

 

Question: How do you plan on scaling the team to ensure the right amount of talented developers and support staff are available at the right time in order to fulfill your goals in the coming years? A bigger HQ? More overseas developers?

 

We have 1 overseas branch in planning right now, mostly due to gaining regulated cryptocurrency status. We have taken on Jurgita Rhodes (https://www.linkedin.com/in/jurgita-rhodes-94795814/) ex Bloomberg, ex BBC, as COO and Nick Cook as CCO (https://www.linkedin.com/in/nick-cook-7986034/) we have a new starter as CTO that I’ll make public once they settle in. We have a new meet the team page coming soon (I know how much you love the word soon!!) which shows a bit of the scaling that has taken place. We’ve also taken on a CMO who has huge corporate experience. Each of these people is creating the correct environment to grow the team and business. The model is designed to WORK above all else. We are investing fully to ensure we scale fluidly to meet our self imposed deadlines – which are quite harsh. Nobody joining the team from a corporate background can BEVIEVE the speed with which we are delivering things and making things happen. We will end up with hundreds of people, but we trebled in size in four months. You have to get the best people on to build a team, not just throw in a hundred people and hope they deliver!

 

We are waiting for a number of coders to start and are recruiting the team members that are demanded from each department.

 

Q) Monero is releasing ledger support in the near future. Does Electroneum plan on following suit?

 

That is not something that we control, Ledger control who they add. We would help them in any way we could to be on that device. I suspect the market FUD has kept us out of some larger exchanges and some partnerships that we would otherwise have secured already.

 

Q) What ever happened to the Electroneum mobile game? Is there going to be a release date set for it?

 

The mobile mining game is off the table at the moment but we are working with an Augmented reality game maker to create something awesome that will accept ETN for in game purchases. I’m loathed to mention it, as people will want to know WHEN. You know the answer…. SOON Jk

I didn’t answer the question about funds and publishing figures – we have no intention of doing that I’m afraid. I can promise the community that I have the best interests of ETN at my heart and I am running the company to the very best of my ability to ensure the brightest possible future for ETN and our community.
full member
Activity: 462
Merit: 101
Do we have some news that I missed that got the price up?
I cant explain to myself what it the reason for this sudden climb.
I am a bit sceptical because I might be just a pump and you all know what comes after that...
maybe HF electroneum 1etn = 1etnx

Wow, that is a strong reaction. What do we do now?

Buy ETN with everything you got  Grin
I have evaluated ETN very accurately. I am happy that the ETN value is increasing. But I think I will spend a portion of my investment to buy ETN, not all. For me, diversification is the best way to invest.
jr. member
Activity: 101
Merit: 1
There will be code update on 5th may. right?
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
time to buy etn...price almost like ico

It's not just like ICO. It's below ico price in BTC and ETH value. The value is just staying up in USD price thanks to Bitcoin's rally. I learnt about the upcoming fork. I think It'll be a great way to get the price to perform a few moves. It has been stagnant for the last two months, few updates and declining trading volume. Let's hope the fork would be enough to get the price back on track.

newbie
Activity: 83
Merit: 0
time to buy etn...price almost like ico
newbie
Activity: 77
Merit: 0
In other news, the weekly blog update is out. They cover the app update, mobile miner, new exchanges, etc.

"Exciting news! Our weekly blog update is now out and available for you to read- take a look at this link to see what the ETN team have been up to and catch up on some juicy insider info; https://electroneum.com/2018/05/04/new-weekly-update/"

EDIT: Copying and pasting it here for those who don't want to click on the link:

"Hi everyone we’re keen to keep you updated with everything going on at Electroneum, moving forward we will release a weekly update doing just that.

This week we have a couple of key announcements; one big milestone, a set of nice photos and some exciting new partnerships and listings, helping us move closer to mass adoption one step at a time.

App update
We’ve listened to you- the community and thanks to your great feedback we’ve further developed the app to easily track and notify you of your Miner pay-outs. Your Mobile Miner has additional functions- we have new visual notifications on your wallet progress which include; payment received, payment processing and payment queued-so that you know your pay-outs are secure.

100,000 Mobile Miners & 1.25m Users
Adding to the update above ETN hit 100,000 mobile miners for the first time since the app went live and we now have 1.25m confirmed users. We’ve done this without any marketing. Marketing will begin as soon as we launch our instant payment system, allowing vendors to accept ETN easily, and instantly. This is our first milestone of mass adoption. We are going to make cryptocurrency widely and easily accepted and you are all part of that!

New exchanges
We have been listed on three new exchanges; these exchanges will provide another platform for the community to buy and exchange- we look forwards to welcoming new investors as ETN continues to grow;

Altex
Cryptonit
LetsDoCoinz

The Real Company launch commemorative silver ETN coin
To celebrate last year’s record-breaking ICO, her company, The Real Coin Company, has created a collectible silver coin made of 1 troy oz. pure silver bearing the ETN logo!  These collector’s coins are on sale now. Only a small number of coins are being minted before the dies will be destroyed, so if you’re interested in celebrating our ICO and owning a valuable collector’s coin (the first ever ICO Commemorative coin), I suggest you check it out here: https://therealcoincompany.com

As part of the collector’s coin offering, The Real Company will be giving 10% of every purchase to a very special charity: https://www.charitywater.org/

MegaXStore
Exciting news! Electroneum is now being used by another online retailer –  MGX, one of the first in our mass adoption campaign. They are eagerly awaiting our instant payment option to make the checkout even more slick!

You can purchase goods with ETN at their store just like you would with any fiat currency! MGX has already traded ETN daily since launch. See here for more details on this exciting new venture:
https://megaxstore.com/blogs/news/electroneum-now-accepted-at-megaxstore

And finally…
You’ve been asking for this for a long time – now you get to see our lovely faces! You will now notice a number of additions to our team members – Meet the team

ETN is, as always, an incredible community, each step in our progress is one that you take with us, your feedback and support help us to grow, have a fantastic weekend, we’ll catch up with you again next week for more updates.

The Electroneum Team."

(Meet the team link as it was not working when I copied / pasted: https://electroneum.com/team/)


Thanks for your working hard Smiley
legendary
Activity: 1162
Merit: 1000
Do we have some news that I missed that got the price up?
I cant explain to myself what it the reason for this sudden climb.
I am a bit sceptical because I might be just a pump and you all know what comes after that...
maybe HF electroneum 1etn = 1etnx

no, it is not.
Price is increasing because of Megaxstore partnership. It is an online shop in Singapore. They accept ETN as payment. Look at the page 289.

ETN deserve it, they immediately lead to more spikes, what other partner partners will support ETN as payment? We will see later.
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