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Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 25. (Read 240341 times)

hero member
Activity: 2492
Merit: 542
Hi. I just have a question. I have my smartphone with me. Can I mine with this? (Xiaomi Mi Max) And will it be profitable or just plain stupidity? I don't want to ever destroy my device but I am really curious about it. I don't want my time wasted mining then I can't even have ROI. Thanks if anyone is answering this!
Its just a simulation and not actually uses your smartphones power and cpu like mining on gpus smartphones cannot handles such kind of computing power your smartphone is actually safe at this but it will take time to earn huge amount of tokens from this in my experienced. 
sud
sr. member
Activity: 826
Merit: 301
I agree that there probably won't be official wallet made by ETN team, but I remember there was non official GUI wallet made by a community member. The link was somewhere in this thread or the earlier one (first ANN), I can't find it right now, will try to dig it later.
member
Activity: 882
Merit: 14
Any chance on a GUI wallet?  Smiley

no Cheesy

If you wanna use your own wallet i highly recommend you the cli-wallet. i`ve never worked with a cli wallet before. it`s really simple, this guide is great. -> https://electroneum101.com/electroneum-cli-wallet/
Thx....but I'll wait for the GUI. A Lot of people probably aren't mining because of no GUI...IMO.  Smiley

There will be no gui wallet. they have their webwallet and want you to use it for kyc reasons. so why should they release a gui wallet. nope... no way.
legendary
Activity: 3164
Merit: 1003
Any chance on a GUI wallet?  Smiley

no Cheesy

If you wanna use your own wallet i highly recommend you the cli-wallet. i`ve never worked with a cli wallet before. it`s really simple, this guide is great. -> https://electroneum101.com/electroneum-cli-wallet/
Thx....but I'll wait for the GUI. A Lot of people probably aren't mining because of no GUI...IMO.  Smiley
member
Activity: 426
Merit: 11

In any case to move your BTC out and make them spendable money, at the time of this writing, you need to move them to an exchange convert them to Fiat (not the car) and to withdraw you need to be ID verified.


no, you're wrong, most of the purchase / sale of bitcoins takes place outside the exchanges.
for example Sasha sells 1 bitcoin to Natasha (for example, an ad in a newspaper or on the Internet) - they both do not need to be verified.
but if it is ETN - they both need verification.

This is for sure NOT TRUE for several reasons. While it's an option it's absolutly for sure not the most used one.
And just additionally, IF you buy another crypto coin with BTC you sold BTC as well, just as a sidenote.

And you can sell/buy ETN without KYC, just keep them in your cli wallet, easy as that. No rocket science at all.
There is No mandatory update/KYC for all wallets in place, just the webwallet. Don't like KYC don't use the webwallet, simple
and easy as that.



of course etn cli wallet does not require kyc
but, when we say about mass adoption (as etn team say), then we must compare mobile wallets (or web wallets).
and you can find many btc mobile wallet - mycelium, for example, absolutly anonimous, or any others
but etn - not.
so this was discussed

but for millions of people it doesn't matter - they post photos of their entire lives,
so we'll see what happens
legendary
Activity: 1526
Merit: 1003
It is going to obligatory to complete KYC sooner or later in every centralized project. They are fair at least they allowed enough time to those are not agreeing on doing the identity verification. They are stepping in practical world as payment processor where they need to know every single transaction and creator of that and resources of funds in case of something goes wrong. There are days if you not agree just sell and move on to next project.
hero member
Activity: 1414
Merit: 516
The team is currently working on a solution so that everyone will have the opportunity to compete KYC. Tier 2 is not required by anybody until November 12th, so you do not need to worry about it until then. If you're worried about not being able to access your funds, you can either put your coins on the offline wallet at downloads.electroneum.com or use the Liquid.com exchange for trading and secure cold storage wallets.

Hi. So kyc level 2 is asked for all starting November 12th? Where you read this info? Maybe i miss that info, but i read that level 2 kyc is not required if 150€/3 months in ETN is not exceeded. Is not enough level 1 if people not have more than 150€/3 months?  Can you give a link please?
sr. member
Activity: 616
Merit: 250
The team is currently working on a solution so that everyone will have the opportunity to compete KYC. Tier 2 is not required by anybody until November 12th, so you do not need to worry about it until then. If you're worried about not being able to access your funds, you can either put your coins on the offline wallet at downloads.electroneum.com or use the Liquid.com exchange for trading and secure cold storage wallets.
member
Activity: 882
Merit: 14
Any chance on a GUI wallet?  Smiley

no Cheesy

If you wanna use your own wallet i highly recommend you the cli-wallet. i`ve never worked with a cli wallet before. it`s really simple, this guide is great. -> https://electroneum101.com/electroneum-cli-wallet/
legendary
Activity: 3164
Merit: 1003
Any chance on a GUI wallet?  Smiley
member
Activity: 882
Merit: 14
Just for clarification cause of etn twitter account is spamming regarding the kyc deadline.

Is it possible to send etn without kyc before the deadline ends?

I was able to send larger amounts (4 digits) around from the ETN web wallet until my KYC was approved which let's me think there
should be no problem at all sending them until the deadline.

Maybe try it first with some smaller amounts to be on the safe side as my opinion isn't a garantee at all.



I tried it with a small amount - it worked. after this i have send my whole etn to cli wallet (6 digits) and now they are stuck on the webwallet for 50 hours...

How do you know it's 50 hours? Can you see them allready as pending in the receiver wallet?


because i have send it 50 hours ago xD

no it is stucked in my webwallet. the amount is blocked.

Lol, sorry mate, somehow i readed "will be stuck", sorry mate  Cheesy (this one made me really laugh).

Strange, tried eventually going through level 1 verification? If i remember right it's only attaching the cell phone number (too many KYC i made these days to remember the first step for ETN).
Maybe it's worth a try? Contacted support? You used a Pay ID in the transaction right and didn't mess up the fields for wallet/payid?

Cheesy no problem. contacted the support. we will see.

Just wanna mark this as solved.

I have contacted the support and they canceled my transaction. Reason why it doesn't work: for a 6 digit amount i have to leave more than 5 etn on my webwallet cause the transaction may be splitted into some seperate blocks of etn. -.-
finally i was able to send all of my etn to cli-wallet with several transactions.
full member
Activity: 226
Merit: 100

In any case to move your BTC out and make them spendable money, at the time of this writing, you need to move them to an exchange convert them to Fiat (not the car) and to withdraw you need to be ID verified.


no, you're wrong, most of the purchase / sale of bitcoins takes place outside the exchanges.
for example Sasha sells 1 bitcoin to Natasha (for example, an ad in a newspaper or on the Internet) - they both do not need to be verified.
but if it is ETN - they both need verification.

This is for sure NOT TRUE for several reasons. While it's an option it's absolutly for sure not the most used one.
And just additionally, IF you buy another crypto coin with BTC you sold BTC as well, just as a sidenote.

And you can sell/buy ETN without KYC, just keep them in your cli wallet, easy as that. No rocket science at all.
There is No mandatory update/KYC for all wallets in place, just the webwallet. Don't like KYC don't use the webwallet, simple
and easy as that.




what a joke that a web wallet need to KYC for a private third party....i wonder do you guys really know who are they then?and who give them the right/power to collect users privacy informations?what makes you guys think that they will not sell your privacy information for money?.....etc...a lot of important questions that i never see this community ever trying to looking for...that explained how sad and ignorance  this community are!...oops!

full member
Activity: 226
Merit: 100
see below
member
Activity: 420
Merit: 13

In any case to move your BTC out and make them spendable money, at the time of this writing, you need to move them to an exchange convert them to Fiat (not the car) and to withdraw you need to be ID verified.


no, you're wrong, most of the purchase / sale of bitcoins takes place outside the exchanges.
for example Sasha sells 1 bitcoin to Natasha (for example, an ad in a newspaper or on the Internet) - they both do not need to be verified.
but if it is ETN - they both need verification.

This is for sure NOT TRUE for several reasons. While it's an option it's absolutly for sure not the most used one.
And just additionally, IF you buy another crypto coin with BTC you sold BTC as well, just as a sidenote.

And you can sell/buy ETN without KYC, just keep them in your cli wallet, easy as that. No rocket science at all.
There is No mandatory update/KYC for all wallets in place, just the webwallet. Don't like KYC don't use the webwallet, simple
and easy as that.

sud
sr. member
Activity: 826
Merit: 301
First of all ETN never was a privacy coin, and wasn't advertised as such. Just because it was forked from Monero, doesn't mean it has to be "private". Second you only have to do KYC if you want to use Electroneum app, which isn't mandatory. I own ETN and don't plan to verify my ID or using app. Just keep your coins on exchange or better move them to you cli-wallet address, so you have full control.
member
Activity: 845
Merit: 56
You may think that you live in some private Utopia, but in reality, KYC and AML has always been on the path of every crypto currency. Those that will adapt the fastest, will win.
full member
Activity: 798
Merit: 102
Some have concerns with the implementation of KYC, but this is a REQUIREMENT of ANY crypto that is serious about going MAINSTREAM!!

Bitcoin is much more mainstream than ETN is (and most probably, will ever be). No KYC requirement for using BTC wallets though.
Ethereum and XRP as well. Yeah...

I think KYC defeat the purpose of crypto. Obviously ETN is not anymore a privacy coin.
But for Crypto not to be banned or sabotaged by authorities, some how it will need to be regulated and holders will have to be identified, otherwise authorities will just kill the gig.
In any case to move your BTC out and make them spendable money, at the time of this writing, you need to move them to an exchange convert them to Fiat (not the car) and to withdraw you need to be ID verified. So.....
... Yes I know there are a couple multi millions euros homes for sale and the sellers take Bitcoins, although they want +30% more of the advertised price at the closing, just to compensate for any price fluctuation...

Said that, I complied and filled up the KYC form, just in case the day I would like to bail out fast, I do not want to have restriction on how much I can move from my wallet. Hopefully I will never have to do that, but who knows...




These are valid concerns KYC against the spirit of privacy and stay anonymous which any project totally centralized like normal life project Paypal. I moved my tokens to exchange wallet because of this policy and making mind to convert them with any other tokens as I don't like this condition.
member
Activity: 426
Merit: 11

In any case to move your BTC out and make them spendable money, at the time of this writing, you need to move them to an exchange convert them to Fiat (not the car) and to withdraw you need to be ID verified.


no, you're wrong, most of the purchase / sale of bitcoins takes place outside the exchanges.
for example Sasha sells 1 bitcoin to Natasha (for example, an ad in a newspaper or on the Internet) - they both do not need to be verified.
but if it is ETN - they both need verification.
newbie
Activity: 206
Merit: 0
Some have concerns with the implementation of KYC, but this is a REQUIREMENT of ANY crypto that is serious about going MAINSTREAM!!

Bitcoin is much more mainstream than ETN is (and most probably, will ever be). No KYC requirement for using BTC wallets though.
Ethereum and XRP as well. Yeah...

I think KYC defeat the purpose of crypto. Obviously ETN is not anymore a privacy coin.
But for Crypto not to be banned or sabotaged by authorities, some how it will need to be regulated and holders will have to be identified, otherwise authorities will just kill the gig.
In any case to move your BTC out and make them spendable money, at the time of this writing, you need to move them to an exchange convert them to Fiat (not the car) and to withdraw you need to be ID verified. So.....
... Yes I know there are a couple multi millions euros homes for sale and the sellers take Bitcoins, although they want +30% more of the advertised price at the closing, just to compensate for any price fluctuation...

Said that, I complied and filled up the KYC form, just in case the day I would like to bail out fast, I do not want to have restriction on how much I can move from my wallet. Hopefully I will never have to do that, but who knows...


newbie
Activity: 206
Merit: 0
Hi. I just have a question. I have my smartphone with me. Can I mine with this? (Xiaomi Mi Max) And will it be profitable or just plain stupidity? I don't want to ever destroy my device but I am really curious about it. I don't want my time wasted mining then I can't even have ROI. Thanks if anyone is answering this!
If you use it as a spade and dig the ground with it, you may find a coin or two.
What currency you will get, just depends on the country you are sitting upon.
Although with all the tourists going around the world these days, you never know what you may find buried in the ground.
If you dig near a 5 star resort, you may find a diamond ring or a Rolex. Good luck!
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