Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 224. (Read 240367 times)
I'm glad they addressed the issue regarding Monero Block 202162, the negativity seem to be affecting the price of ETN. Nice little jump back up again now though.
This is sick from $0.10**** to $0.112850 is sec and Rank 51 to Rank 47 
HODL!!!
That promised biweekly update went smooth, great job electroneum team! 
The last update on Facebook was on the 20 January at 15:03.
I agree they have not followed exactly what they said they would, but there have been regular updates on Facebook!
Looking at the definition of 'biweekly' you can see, it means every two weeks (14 days).
Today is January 28th, that's only 8 days since their last update on facebook (January 20th).
So as long as the next update happens between now and February 3rd they're all good, right?
They got one out early - what will be do ;-)
1 hr ago via Facebook
ELECTRONEUM (ETN) UPDATE
Hello All,
We'd like you to take just a moment or two to join us in reflecting on Electroneum's journey so far, and to consider the real key drivers to focus on for our future success.
Electroneum is unique - our objectives are not to simply be another coin traded in the crypto world, with the constant ups and downs of innuendos and whispers, or be victim to the overall sentiment driving the market volatility.
We have, instead, set out to be masters of our own destiny, bringing the benefits that Blockchain technology can deliver to the real mass-market, sharing the revenue that is currently only accessible to the chosen few.
In order to achieve this, we must navigate the intricacies of creating bridges between Blockchain and the massive mobile industry, working with our network of C-level contacts in major operators around the world to harness the power of mobile and the important part it plays in our strategy.
It is only been 43 days since we fully launched, so let's look at what has happened during this period - which includes the downtime of Christmas and New Year - so it's actually been just 28 working days!
* We have 750,000 account holders
* $700m to $900m market cap
* c300,000 Android App downloads
* Mobile Mining now in Beta and arriving soon (45,000 responses just for initial mining Beta)
* iOS app on its way
* New exchanges confirmed with more being negotiated
* Mobile partnerships giving access to 75m subscribers announced with more in the pipeline
* Huge community support spanning across 13 countries and still growing at an alarming rate
* Some of the world's best talent have joined us
* Delivering on Whitepaper and roadmap even when the odds are stacked against us
* Established a plan for clear and sustained growth to aid with deals and international expansion
The reality is that this level of achievement, for a relatively new company, would normally be quite unbelievable. Who else in the crypto world has partnerships in place that will deliver such huge volumes of new users? For those who have dismissed this on the basis that these are MOU's, we would draw your attention to the fact that corporate companies simply would not publish press releases on their own corporate website unless they are committed to making it happen. Take a look http://www.xius.com/media.php
You may well have noticed that we have greatly improved our transaction system and we are pleased to see that the majority of stuck or pending transactions have now been resolved - the system is working more fluidly. Comparing to any other normal reality, where we have all experienced the incredibly long periods that software companies take for product fixes and updates.
We are still moving mountains to further improve wallet functionality and resolve any lingering issues. Please understand that the layers of security we have built into the system creates complexity in resolving individual challenges - each requires a 3 person sign off to ensure integrity is maintained. Rest assured we are undertaking all genuine problems as quickly as we can.
The subject of exchanges is clearly a sensitive one, and so we want to reassure you that we are progressing well. There have been specific aspects of tech we've had to address to avoid amplifying any known issues for each exchange, which will be ongoing. Add to that the fact that the exchanges are under enormous pressure themselves, so process is not always as quick as we'd like. We'll share more details on the new exchanges as soon as we can. For now, these are strictly embargoed until all the details are finalised, and we do not want to risk jeopardising any of our listing plans.
The last week has shown, for all coins, that sailing the sea of Blockchain can be tricky, and costly, but we have demonstrated how strong and stable Electroneum is; defying even the most extreme swings of a market, that cause other coins to lose. We hold strong because of the solid foundations we have been working so hard to build.
With our 750,000 registered user base, we are engaging with people from all walks of life, many who've never entered the Blockchain space ever before, and we have shown them the future with open arms. This supports our belief that the road to mass adoption is already happening; we can see the results unfolding before our very eyes.
So, since our relaunch the reality is that we've achieved a great deal in a short time. We are forever grateful for the support and patience shown by our community and ask that you continue to allow us to drive the business roadmap forward, as progress can only be made when we are confident that we are safe, strong and resilient.
One final, very important issue. Whilst the majority of our community are truly supportive, we're sad to say that a few very unpleasant individuals have been overtly hostile on our chat rooms in recent days, demonstrating vile behaviour and a disgusting lack of respect - none of which will be tolerated in any shape or form; particularly as our Admins have worked very hard to keep everyone in the loop and manage expectations, alongside the entire ETN team tirelessly driving the product and opportunities for us all.
Adding to this, we have noticed the negative speculation and misinformation being pushed out regarding Monero Block 202162, and the subsequent patch code. This is a very simple 2 line fix, one that we are aware of - as a number of Community Devs have already confirmed.
This distorted data is complete sensationalism and it must stop.
We are confident that you can all can see right through these underhand tactics, and that you'll continue to support and share our vision.
When you consider everything we have in place, as referenced above, we feel sure these negative vibes will quickly disappear.
As always, thank you!
THE ELECTRONEUM TEAM
ELECTRONEUM (ETN) UPDATE
Hello All,
We'd like you to take just a moment or two to join us in reflecting on Electroneum's journey so far, and to consider the real key drivers to focus on for our future success.
Electroneum is unique - our objectives are not to simply be another coin traded in the crypto world, with the constant ups and downs of innuendos and whispers, or be victim to the overall sentiment driving the market volatility.
We have, instead, set out to be masters of our own destiny, bringing the benefits that Blockchain technology can deliver to the real mass-market, sharing the revenue that is currently only accessible to the chosen few.
In order to achieve this, we must navigate the intricacies of creating bridges between Blockchain and the massive mobile industry, working with our network of C-level contacts in major operators around the world to harness the power of mobile and the important part it plays in our strategy.
It is only been 43 days since we fully launched, so let's look at what has happened during this period - which includes the downtime of Christmas and New Year - so it's actually been just 28 working days!
* We have 750,000 account holders
* $700m to $900m market cap
* c300,000 Android App downloads
* Mobile Mining now in Beta and arriving soon (45,000 responses just for initial mining Beta)
* iOS app on its way
* New exchanges confirmed with more being negotiated
* Mobile partnerships giving access to 75m subscribers announced with more in the pipeline
* Huge community support spanning across 13 countries and still growing at an alarming rate
* Some of the world's best talent have joined us
* Delivering on Whitepaper and roadmap even when the odds are stacked against us
* Established a plan for clear and sustained growth to aid with deals and international expansion
The reality is that this level of achievement, for a relatively new company, would normally be quite unbelievable. Who else in the crypto world has partnerships in place that will deliver such huge volumes of new users? For those who have dismissed this on the basis that these are MOU's, we would draw your attention to the fact that corporate companies simply would not publish press releases on their own corporate website unless they are committed to making it happen. Take a look http://www.xius.com/media.php
You may well have noticed that we have greatly improved our transaction system and we are pleased to see that the majority of stuck or pending transactions have now been resolved - the system is working more fluidly. Comparing to any other normal reality, where we have all experienced the incredibly long periods that software companies take for product fixes and updates.
We are still moving mountains to further improve wallet functionality and resolve any lingering issues. Please understand that the layers of security we have built into the system creates complexity in resolving individual challenges - each requires a 3 person sign off to ensure integrity is maintained. Rest assured we are undertaking all genuine problems as quickly as we can.
The subject of exchanges is clearly a sensitive one, and so we want to reassure you that we are progressing well. There have been specific aspects of tech we've had to address to avoid amplifying any known issues for each exchange, which will be ongoing. Add to that the fact that the exchanges are under enormous pressure themselves, so process is not always as quick as we'd like. We'll share more details on the new exchanges as soon as we can. For now, these are strictly embargoed until all the details are finalised, and we do not want to risk jeopardising any of our listing plans.
The last week has shown, for all coins, that sailing the sea of Blockchain can be tricky, and costly, but we have demonstrated how strong and stable Electroneum is; defying even the most extreme swings of a market, that cause other coins to lose. We hold strong because of the solid foundations we have been working so hard to build.
With our 750,000 registered user base, we are engaging with people from all walks of life, many who've never entered the Blockchain space ever before, and we have shown them the future with open arms. This supports our belief that the road to mass adoption is already happening; we can see the results unfolding before our very eyes.
So, since our relaunch the reality is that we've achieved a great deal in a short time. We are forever grateful for the support and patience shown by our community and ask that you continue to allow us to drive the business roadmap forward, as progress can only be made when we are confident that we are safe, strong and resilient.
One final, very important issue. Whilst the majority of our community are truly supportive, we're sad to say that a few very unpleasant individuals have been overtly hostile on our chat rooms in recent days, demonstrating vile behaviour and a disgusting lack of respect - none of which will be tolerated in any shape or form; particularly as our Admins have worked very hard to keep everyone in the loop and manage expectations, alongside the entire ETN team tirelessly driving the product and opportunities for us all.
Adding to this, we have noticed the negative speculation and misinformation being pushed out regarding Monero Block 202162, and the subsequent patch code. This is a very simple 2 line fix, one that we are aware of - as a number of Community Devs have already confirmed.
This distorted data is complete sensationalism and it must stop.
We are confident that you can all can see right through these underhand tactics, and that you'll continue to support and share our vision.
When you consider everything we have in place, as referenced above, we feel sure these negative vibes will quickly disappear.
As always, thank you!
THE ELECTRONEUM TEAM
Some rumor say that Hitbtc did reject the listing request for ETN, could be linked to the block 202612 bug still not fixed on the blockchain.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
This is a serious issue that ETN has to address.
It's a shame that this is being brought to the attention of Electroneum Limited by HitBTC.
I have always thought ETN are great marketers and poor devs and this development only strengthens that belief.
Some rumor say that Hitbtc did reject the listing request for ETN, could be linked to the block 202612 bug still not fixed on the blockchain.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
Interesting so there was a bug in the tree_hash function and this has been fixed on Monero. So maybe the hard coded fix is left in Electronium.... Just remove the hard coded fix and bring across the fix.
https://monero.stackexchange.com/questions/6426/exception-for-block-202612-from-whats-it-bassed-and-where-it-was-fixed
This is not hard to fix and I guess people are driving down the price for a big buy!
EDIT : Also this happened in 2014 guys - fuck this better be fixed by now! Anyone from Monero can make a comment please !?
it is fixed in the monero code, but they had to leave the hardcoded hash in the source to keep the blockchain alive, this makes it incompatible with other forks. It should not be hard to fix and it shouldnt not even be worth to mention, but they shoulde allready fixed it months ago. Since it had to be brought up, brings up a lot of questions and also a big loss it the trust. I know they focus on marketing, but if the technology doesnt work this is going to fail. You can't put a sticker on a pile of shit and hope people will fall for this.
Some rumor say that Hitbtc did reject the listing request for ETN, could be linked to the block 202612 bug still not fixed on the blockchain.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
Interesting so there was a bug in the tree_hash function and this has been fixed on Monero. So maybe the hard coded fix is left in Electronium.... Just remove the hard coded fix and bring across the fix.
https://monero.stackexchange.com/questions/6426/exception-for-block-202612-from-whats-it-bassed-and-where-it-was-fixed
This is not hard to fix and I guess people are driving down the price for a big buy!
EDIT : Also this happened in 2014 guys - fuck this better be fixed by now! Anyone from Monero can make a comment please !?
Hitbtc is very slow... We are waiting ignis fork from december and etn listing from two weeks...
That promised biweekly update went smooth, great job electroneum team!
The last update on Facebook was on the 20 January at 15:03.
I agree they have not followed exactly what they said they would, but there have been regular updates on Facebook!
Looking at the definition of 'biweekly' you can see, it means every two weeks (14 days).
Today is January 28th, that's only 8 days since their last update on facebook (January 20th).
So as long as the next update happens between now and February 3rd they're all good, right?
Some rumor say that Hitbtc did reject the listing request for ETN, could be linked to the block 202612 bug still not fixed on the blockchain.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
I'm curious what comments will come on this thread and I say this because many will not understand what's going on.
LOL seriously that is a level of bullshit worthy of Trump the crap you spouted above shows your total ignorance in this subject. These guys are doing exactly the right thing with Electroneum, taking their time, proving their product before bringing it to market. Sell your tokens, take up knitting, marry your cousin and go back to the back woods of Alabama you dumbass redneck hillbilly.
You're a spoiled child
Is mobile mining the future ?
I have been mining for many years and I am betting on ETN so I was thinking and doing some maths...
On one of the pools at the moment the total hash rate is 4.12 MH/s and there are 3324 miner. So the average hash rate is 3,324H/S and I am sure there are big and small miners. The total network hash rate is roughly 318.63 MH/S and Monero is around 565 MH/S.
So..Snapchat has over 500 million(2.4bn smartphones in the world) downloads and lets take this number for arguments sake, which is just a tenth of the total number. Also lets assume a mobile phone can hash 2 H/S and half the phone are mining due to time zones, etc, etc.
250 million x 2 H/S = 500 MH/S - Which should be enough!
I may be ambitious with the users but I have been conservative on the hash rate so I think the net result will be roughly the same.
Thoughts ?
I have been mining for many years and I am betting on ETN so I was thinking and doing some maths...
On one of the pools at the moment the total hash rate is 4.12 MH/s and there are 3324 miner. So the average hash rate is 3,324H/S and I am sure there are big and small miners. The total network hash rate is roughly 318.63 MH/S and Monero is around 565 MH/S.
So..Snapchat has over 500 million(2.4bn smartphones in the world) downloads and lets take this number for arguments sake, which is just a tenth of the total number. Also lets assume a mobile phone can hash 2 H/S and half the phone are mining due to time zones, etc, etc.
250 million x 2 H/S = 500 MH/S - Which should be enough!
I may be ambitious with the users but I have been conservative on the hash rate so I think the net result will be roughly the same.
Thoughts ?
They have already said the mobile mining is just simulated and will bring new users to the platform. It does not actually "mine" on the node and you dont choose pools etc. So no it won't be doing real hashing especially with the current/future difficulty
Some rumor say that Hitbtc did reject the listing request for ETN, could be linked to the block 202612 bug still not fixed on the blockchain.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
Not sure if this is true or not but this could explain why the price is falling so fast since 24h .
More details here .
https://www.reddit.com/r/Electroneum/comments/7ti3s0/the_electroneum_codebase_includes_code_inherited/?st=jcyml8ss&sh=4f76c776
I follow this project since weeks and I must agree this team seem like to be very amateur using a simple copy of the monero code nothing else was done to improve it just another copy who will face same bugs monero did have.
Is mobile mining the future ?
I have been mining for many years and I am betting on ETN so I was thinking and doing some maths...
On one of the pools at the moment the total hash rate is 4.12 MH/s and there are 3324 miner. So the average hash rate is 3,324H/S and I am sure there are big and small miners. The total network hash rate is roughly 318.63 MH/S and Monero is around 565 MH/S.
So..Snapchat has over 500 million(2.4bn smartphones in the world) downloads and lets take this number for arguments sake, which is just a tenth of the total number. Also lets assume a mobile phone can hash 2 H/S and half the phone are mining due to time zones, etc, etc.
250 million x 2 H/S = 500 MH/S - Which should be enough!
I may be ambitious with the users but I have been conservative on the hash rate so I think the net result will be roughly the same.
Thoughts ?
I have been mining for many years and I am betting on ETN so I was thinking and doing some maths...
On one of the pools at the moment the total hash rate is 4.12 MH/s and there are 3324 miner. So the average hash rate is 3,324H/S and I am sure there are big and small miners. The total network hash rate is roughly 318.63 MH/S and Monero is around 565 MH/S.
So..Snapchat has over 500 million(2.4bn smartphones in the world) downloads and lets take this number for arguments sake, which is just a tenth of the total number. Also lets assume a mobile phone can hash 2 H/S and half the phone are mining due to time zones, etc, etc.
250 million x 2 H/S = 500 MH/S - Which should be enough!
I may be ambitious with the users but I have been conservative on the hash rate so I think the net result will be roughly the same.
Thoughts ?
Well then why hold? sell them for a profit if that's how you feel and you win as its over 10x your initial investment.
Ohh man you are inLOVE, is not about holding or selling is all about NOTHING is done properly at the moment and that's confusing
After 3 months like you sad we have
- coinmarketcap $0.111304
- Website is very low (with 5BTC you can make this done in 24 hours)
- Mining app is not working (with 1BTC you can make this done in IN less than 24 hours)
- Trade only via cryptopia with withdraw Fee: 10.00 (when the ETN will reaches 100 USD you will feel sorry for using this platform)
and like you say etc etc
if you think that this coin is only 3 months that is in market and is alredy a solid top 50, it's not bad at all. the ico profit are now 10x + bonus. if i sell now i would make a good profit, but for now i hodl. ( sorry for my english )
a tenfold increase in value is already a steep prospect.
but I think specifically in this coin - you can expect more.
I also hold some of the coins - I think they will shoot more
I am confused, you are throwing words like scam around, yet you are apparently holding a huge amount. You say it is a bad idea to HODL, yet you have not sold and HODLing yourself. Makes no sense?
Sometimes being confused is good
And they are doing things like striking up partnerships, working on mobile miner and wallets etc etc, these things take time and they want to make sure everything is done properly. Just sell your coins at over 10x the ICO price (fantastic profit $$$) and move on if you think otherwise its really that simple. I'm hodling and giving this project the proper time and respect it needs to grow to its full potential.
Partnerships with who more exactly?! Liqui Status: Applied (
callkiller NOTHING is done properly at the moment
I am confused, you are throwing words like scam around, yet you are apparently holding a huge amount. You say it is a bad idea to HODL, yet you have not sold and HODLing yourself. Makes no sense?
With no mobile mining and one crappy exchange, its a bit risky to hodl this coin.
Price is going down the toilet but the release of the mobile miner sim will calm some nerves.
When they will release the mobile miner is anyone's guess.
Price is going down the toilet but the release of the mobile miner sim will calm some nerves.
When they will release the mobile miner is anyone's guess.
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