Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 64. (Read 240362 times)

Why Monero no problems with asic-resist? What is "instant payments"? Transaction without confirmation? It's a scam?

"Instant payments" or transactions without confirmations seem like the same story as "mobile mining" without any real mining. So it is, from my point of view, new innovative approach from ETN to DLT technology - payments without confirmations and mining which is not real POW mining. Why you call it scam? It is an innovation!

Have they explained anywhere how those "instant payments" work in a technical way?
I'd believe that in order to achieve very quick confirmations you need some kind of a centralisation, like one or few people who can agree on a transaction quickly without waiting for miners. I might be wrong though.

Sberex

sr. member

Activity: 499

Merit: 254

Why Monero no problems with asic-resist? What is "instant payments"? Transaction without confirmation? It's a scam?

"Instant payments" or transactions without confirmations seem like the same story as "mobile mining" without any real mining. So it is, from my point of view, new innovative approach from ETN to DLT technology - payments without confirmations and mining which is not real POW mining. Why you call it scam? It is an innovation!

allycn

full member

Activity: 420

Merit: 110

I am not very familiar with exchanges, but the team shared a Tweet from CoinBene earlier today (about 9 hours ago), announcing that: "We are pleased to announce the partnership with @electroneum. The token will be listed by the end of July."
(FB post link: https://www.facebook.com/electroneum/posts/2030966747165293)

allycn

full member

Activity: 420

Merit: 110

Quote from: kepas on July 04, 2018, 12:32:50 PM

Why Monero no problems with asic-resist? What is "instant payments"? Transaction without confirmation? It's a scam?

If you had taken the time to read the announcements before thinking something is a scam, you would have your answer. In case you really want to know, instant payments is a "instant cryptocurrency payment process" (they use a tablet based system, conventional point of sale till and even between mobiles).

More information can be found here: https://electroneum.com/2018/06/12/announcing-instant-payment-beta-vendor-application/ (there is also a video)

Ganlok

sr. member

Activity: 292

Merit: 250

karbo.io

Quote from: Ganlok on July 04, 2018, 12:10:57 PM

Quote from: Ganlok on July 04, 2018, 12:10:57 PM

The price in ETN is now going to the moon!. Anyone knows what happen?

The Return of the Prodigal Son (Rembrandt) Grin

Hahahah, etn should stay with asics from the begining. For example like karbo or even like bcn without considering that bcn is a few scammy(with all due respect Roll Eyes

).
Or like a lot of another CNs.
Now it looks like a strange move with hidden sense or lack of far-reaching strategy. I would like to be wrong...
However, welcome to the family. Again. Grin

it's not a family, it's someone kneeling at the level of the belt

However, we can draw the picture with GPUs and nothing will change at all. Wink

Andretti83

full member

Activity: 297

Merit: 112

PRIVATE AND NOT PREMINED: MONERO, AEON, KARBO

I mean, if you do it like Sumo or Etn you just show incompetence of devs.
You calculate risks and either move like Monero, Ryo or Aeon to new asic-resistant (temporarily) algo,
or you stay with asics like Karbo and BCN. Just don't do quick moves if you don't know what are you doing.

kepas

member

Activity: 426

Merit: 11

Quote from: contraband on July 04, 2018, 12:01:14 PM

The price in ETN is now going to the moon!. Anyone knows what happen?

The Return of the Prodigal Son (Rembrandt) Grin

Hahahah, etn should stay with asics from the begining. For example like karbo or even like bcn without considering that bcn is a few scammy(with all due respect Roll Eyes

).
Or like a lot of another CNs.
Now it looks like a strange move with hidden sense or lack of far-reaching strategy. I would like to be wrong...
However, welcome to the family. Again. Grin

it's not a family, it's someone kneeling at the level of the belt
I thought contraband will delete the post Grin

kepas

member

Activity: 426

Merit: 11

SAME ISSUES, I WOULD GUESS THAT ITS IN REFERENCE TO THE FACT THAT MONERO WILL HAVE TO DEAL WITH THE NEW REPROGRAMABLE ASICs.

xmr net hashrate is the same as 3 month ago, so any asics in v7 are not exist Wink

Ganlok

sr. member

Activity: 292

Merit: 250

karbo.io

Quote from: HeraldoCrypto on July 04, 2018, 07:10:25 AM

The price in ETN is now going to the moon!. Anyone knows what happen?

The Return of the Prodigal Son (Rembrandt) Grin

Hahahah, etn should stay with asics from the begining. For example like karbo or even like bcn without considering that bcn is a few scammy(with all due respect Roll Eyes

).
Or like a lot of another CNs.
Now it looks like a strange move with hidden sense or lack of far-reaching strategy. I would like to be wrong...
However, welcome to the family. Again. Grin

contraband

hero member

Activity: 1232

Merit: 528

Community Manager: ETN

Is this fork going to affect mobile mining in any way?

NO, YOU DONT HAVE TO DO A THING IF YOU ARE USING THE MOBILE MINER. YOU DONT HAVE TO CHANGE A THING

Quote from: kepas on July 04, 2018, 07:11:03 AM

Quote from: JoenNL on July 04, 2018, 06:44:31 AM

Why Monero no problems with asic-resist? What is "instant payments"? Transaction without confirmation? It's a scam?

Well the mobile wallet already shows a lil bit what it means. I would suggest you to use google translate and type; scam. It looks like you dont even know what scam means?? What the hell what have instant payments has to do with scam? Again; go to google translate and look what scam means.

Monero got a lot of problems with this asic-resist part, they got the same issues.

monero got the same issues? etn got only one problem - nicehash attacks.
so, monero got nicehash attacks? no...
what "the same issues" are you talking about??

SAME ISSUES, I WOULD GUESS THAT ITS IN REFERENCE TO THE FACT THAT MONERO WILL HAVE TO DEAL WITH THE NEW REPROGRAMABLE ASICs.

Quote from: ?? on ??

Bitman paid Coinbane to list ETN and dev to hard fork . End.

AH...NO...LOL Cheesy

kepas

member

Activity: 426

Merit: 11

The price in ETN is now going to the moon!. Anyone knows what happen?

The Return of the Prodigal Son (Rembrandt) Grin

ah ah ah

etn and asic are positioned correctly Grin

Sberex

sr. member

Activity: 499

Merit: 254

Quote from: new24core on July 04, 2018, 08:15:58 AM

The price in ETN is now going to the moon!. Anyone knows what happen?

The Return of the Prodigal Son (Rembrandt) Grin

thisav

newbie

Activity: 76

Merit: 0

The price in ETN is now going to the moon!. Anyone knows what happen?

kenji1286

newbie

Activity: 107

Merit: 0

I use the Mobile Miner on the Samsung Galaxy Note II but a day only 0.03ETN and often out, who knows how to fix it ?
With Oppo N3 and Samsung Galaxy J7 Prime is ~ 5 ETN/day.

addicto

legendary

Activity: 1526

Merit: 1012

Quote from: wangmidi on July 04, 2018, 08:12:39 AM

ETN has been adding ground and roads, great!Ignore the doubters. I'm looking forward to trading ETN with you.Everyone is lucky.

What ground and roads are you talking about exactly !?

At the moment it feels like the yellow brick road!

Maybe this guy has some inside info that's why he is predicting about the future of this token and calling the holders are lucky. I also interested to know what is the plan which will give stability and will boost the growth of this project.

chafer99

member

Activity: 99

Merit: 10

Quote from: kepas on July 04, 2018, 07:11:03 AM

Quote from: JoenNL on July 04, 2018, 06:44:31 AM