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Topic: Project Interzone - Blockchain Social Engine - page 68. (Read 84790 times)

newbie
Activity: 21
Merit: 1
September 07, 2017, 04:06:48 PM
#12
is this really not an ICO ?

Quote
Early Access Program Now - 9/30/2017 OR until block 1000

THIS IS NOT AN ICO. The Early Access Program is a way for the Interzone network to fund some simple early development tasks while building a community of NetworkNodes strengthening the Interzone from launch.

Early Access Tokens will be available at a rate of 5000 tokens per .01 BTC or .0000002 per token in parcels of 5000 minimum. 

Purchasing Early Access Tokens will get you a main-net ready client and tokens. To prevent instamining but to allow for Early Access Tokens to be transferred and NetworkNodes established the main-net will not begin producing full block rewards until block 1000 and NetworkNodes will only receive 1% of block rewards until block 10,000. To ensure a fair launch, the main-net ready client will only be available to EAP buyers until all NetworkNodes are sold OR block 1000 is reached. Once either of those happens, the main-net client will be released publicly.

Early Access Token Packages will be available directly via PM on BitcoinTalk.org, via our #Slack channel, and on the Cryptopia MarketPlace: https://www.cryptopia.co.nz/MarketPlace

as i know that early access program is same for the ico
since we need to pay/purchase a token/coins to get that it just like an ico

Its not a traditional ICO in that we're not trying to sell the entire coin and then move it to PoS. We're just trying to fund a listing on an exchange and node hosting and domain costs while the network gets up and running. We're not looking for much, just a bit to get us going and have offered these nodes to cover those expenses. The first 1000 blocks are 0.01 ITZ reward, so people who want to get a node early can set them up. Once we hit block 1000 OR all 50 nodes are gone, mining will commence with normal block rewards.
hero member
Activity: 711
Merit: 500
September 07, 2017, 04:03:34 PM
#11
is this really not an ICO ?

Quote
Early Access Program Now - 9/30/2017 OR until block 1000

THIS IS NOT AN ICO. The Early Access Program is a way for the Interzone network to fund some simple early development tasks while building a community of NetworkNodes strengthening the Interzone from launch.

Early Access Tokens will be available at a rate of 5000 tokens per .01 BTC or .0000002 per token in parcels of 5000 minimum. 

Purchasing Early Access Tokens will get you a main-net ready client and tokens. To prevent instamining but to allow for Early Access Tokens to be transferred and NetworkNodes established the main-net will not begin producing full block rewards until block 1000 and NetworkNodes will only receive 1% of block rewards until block 10,000. To ensure a fair launch, the main-net ready client will only be available to EAP buyers until all NetworkNodes are sold OR block 1000 is reached. Once either of those happens, the main-net client will be released publicly.

Early Access Token Packages will be available directly via PM on BitcoinTalk.org, via our #Slack channel, and on the Cryptopia MarketPlace: https://www.cryptopia.co.nz/MarketPlace

as i know that early access program is same for the ico
since we need to pay/purchase a token/coins to get that it just like an ico
member
Activity: 80
Merit: 10
September 07, 2017, 04:00:54 PM
#10
some minings pools ? Shocked
newbie
Activity: 24
Merit: 0
September 07, 2017, 03:56:16 PM
#9
How do we mine it. I would like to mine it too. Do you have a telegram channel?
newbie
Activity: 21
Merit: 1
September 07, 2017, 03:47:47 PM
#8
EAP Update, 27 nodes spoken for out of 50 available.

Remember, main-net mining starts when all 50 are sold OR we reach block 1000 and any unsold nodes will be burned.
member
Activity: 79
Merit: 10
September 07, 2017, 03:01:40 PM
#7
hey PM for you
newbie
Activity: 21
Merit: 1
September 07, 2017, 02:23:29 PM
#6
How to start mining this?

Sounds like early investors get the wallet and chance to mine before those that don't invest. Sounds like an interesting project though. I would love to jump in and mine it myself.

Minting under block 1000 is only 0.01 per block so we can move ITZ back and forth to the people who want to fund a NetworkNode. Once we hit block 1000 or have no nodes left, we'll release the main-net client and you can start mining! This is simply to be able to transfer ITZ before hand, at the rate we're going, open minting for all won't be long.

To get an EAP node, join us on Slack, DM thermoremnant or post in #general and we'll set you up with a custom Cryptopia listing or visit the Cryptopia MarketPlace.
full member
Activity: 154
Merit: 100
September 07, 2017, 02:21:05 PM
#5
Interesting project, I would like to get into mining
full member
Activity: 280
Merit: 106
September 07, 2017, 02:00:37 PM
#4
How to start mining this?

Sounds like early investors get the wallet and chance to mine before those that don't invest. Sounds like an interesting project though. I would love to jump in and mine it myself.
sr. member
Activity: 420
Merit: 250
September 07, 2017, 01:42:27 PM
#3
How to start mining this?
sr. member
Activity: 490
Merit: 250
Saved you from a scam? Send me some BTC!
September 07, 2017, 01:38:57 PM
#2
Is 23 million the total number of coins?
newbie
Activity: 21
Merit: 1
September 07, 2017, 12:57:26 PM
#1
https://interzone.space/img/member-1.jpg

Introducing Interzone

Website: https://interzone.space
Source Code: https://github.com/projectinterzone
Download the Client: https://interzone.space/#service
Block Explorer: https://explorer.interzone.space
Alternate Explorer (third-party): http://lpool.name/explorer/ITZ
Faucet: http://faucet.interzone.space
Exchange: https://coinsmarkets.com/trade-BTC-ITZ.htm
Slack: https://join.slack.com/t/projectinterzone/shared_invite/MjM1NjYwODk5MTU0LTE1MDQ0NjQ4ODYtYzUwOGI2MjE0ZQ

Pool (third-party): http://pool.bilbotel.fr
Pool (third-party): http://pool.kraggle.ml
Pool (third-party): http://lpool.name/pool/ITZ
Pool (third-party): https://blocksuckernation.com
Pool (third-party): https://altminer.net
Pool (third-party): https://vivocryptopool.com
Pool (third-party): https://umine.org

A new idea to build a social network based on DASH's revolutionary masternode technology.

Interzone is a fork of DASH with the rock-solid CPU/GPU mintable C11 algorithm from Quark/Chaincoin. Interzone offers fast 90-second transactions, low fees, scalable block sizes, automatic checkpointing, Darksend (we call it Perplexion) for truly anonymous transactions, masternodes (we call them NetworkNodes), and easy mining with our in-client one-click SimpleMint system.

NetworkNodes take center stage on the Interzone network, offering 25% of block rewards blocks 20,000 through block 250,000 and 50% block rewards after. Interzone aims to build on the masternode technology and integrate customizable attributes to allow node-holders to add avatars, messaging, and other customizations to their node listings. Building a community of decentralized nodes strengthens the network and we encourage node creation with a low 5000 ITZ entry point to secure a node.

Our plan is to enhance masternodes and transform the Interzone network in to a decentralized social networking engine. Encrypted messaging, customizable clients, and a community based social network. We're working to build Mastodon.social in to our client for decentralized microblogging and groups. Eventually your NetworkNode will be your digital home on the Interzone blockchain!

Technical Details

  • 2% Token Preallocation in block #1 (overtaken by block-rewards by block #21,000)
  • Instamine protection: 0.01 ITZ per block until block 1000
  • 23,000,000 total tokens over 10 years provides and stable Proof of Work with low inflation
  • 23 ITZ Tokens Per Block halving at 500,000 block intervals (~1.5 years)
  • 90 second transactions with 6 confirm blocks
  • Genesis block minted during UTC totality of the solar eclipse 8/21/2017
  • 5000 tokens per masternode
  • Community driven 25% masternode rewards blocks 20,000 through block 250,000 and 50% rewards ongoing afterward
  • ASIC-resistant in-client one-click minting with CPU centric algorithm and GPU mining via third party miners

Preallocation Details

2% or 460,000 ITZ tokens were preallocated in block 1. These tokens are to be distributed as so:

  • 50,000 ITZ to create initial Interzone NetworkNodes
  • 250,000 ITZ for the Interzone Early Access Program
  • 60,000 ITZ for promotional activities (faucets, airdrops, translations, etc)
  • 100,000 ITZ for long-term development

Timeline

  • Now-Block 1000: Early Access Program
  • Block 1000: Main Net Client Release
  • Q1 2018: GUI Client Updates with Encrypted Messaging
  • Q2 2018: GUI Client Updates with Mastodon Decentralized Social Network Client
  • Q4 2018: First Rewards Halving
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