[SNT] Official Status Network Speculation - page 72.

nonster69

newbie

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Quote from: wafdawg on June 20, 2017, 01:51:46 PM

Quote from: dineshary on June 20, 2017, 01:43:09 PM

Quote from: wafdawg on June 20, 2017, 01:42:03 PM

Does anyone know what this means?

Transaction with the same hash was already imported.

your txn already submitted.. check in etherscan

It's not listed; only transaction there is the one that was rejected. And i still have my ETH. What else can it be?
[/quote

i've had this 40 times today since the launch but the Ether payment doesn't even leave my wallet....

]

shewasfourteen

sr. member

Activity: 686

Merit: 261

Quote from: Zoltes on June 20, 2017, 01:50:20 PM

Quote from: BitcoinVSfiat on June 20, 2017, 01:37:05 PM

Anybody even see Pending?

I had one for about 20 minutes and then disappeared. Now have another one pending for 10 minutes already. Use 50 GWei to get in. It was noted that it should be less, but 50 is also ok.

after 6 hours i have also 2 transaction in pending. 35min and 14 min.......i guess they will dissappear^^

wafdawg

sr. member

Activity: 560

Merit: 250

Quote from: dineshary on June 20, 2017, 01:43:09 PM

Quote from: wafdawg on June 20, 2017, 01:42:03 PM

Does anyone know what this means?

Transaction with the same hash was already imported.

your txn already submitted.. check in etherscan

It's not listed; only transaction there is the one that was rejected. And i still have my ETH. What else can it be?

babar123

sr. member

Activity: 481

Merit: 258

i still try to send my eth, its now around 1200 tries, not only once went throught, i wonder how anyone could enter this ico if not me ?

Zoltes

member

Activity: 64

Merit: 10

Quote from: BitcoinVSfiat on June 20, 2017, 01:37:05 PM

Anybody even see Pending?

I had one for about 20 minutes and then disappeared. Now have another one pending for 10 minutes already. Use 50 GWei to get in. It was noted that it should be less, but 50 is also ok.

BitcoinVSfiat

sr. member

Activity: 672

Merit: 254

I can't get my TX confirmed even with 1 million gas. Ether is dead.

Zoltes

member

Activity: 64

Merit: 10

Quote from: bmiller315 on June 20, 2017, 01:44:16 PM

I keep seeing questions about "Has anyone received their SNT yet?"

Did any of you actually READ the literature that Status put out prior to throwing your money at them? You will not receive SNT until, AT LEAST, 7 days AFTER the contribution period ends. I know that we live in the 21st century and cryptocurrencies only exacerbate our demand for immediate gratification but CHILL OUT PEOPLE! Give the network a few hours and then try again. If you can't get anything to go through by this time tomorrow, then you can flip out.

You'll receive it immediately, but cannot transfer for 7 days.

bmiller315

newbie

Activity: 31

Merit: 0

I keep seeing questions about "Has anyone received their SNT yet?"

Did any of you actually READ the literature that Status put out prior to throwing your money at them? You will not receive SNT until, AT LEAST, 7 days AFTER the contribution period ends. I know that we live in the 21st century and cryptocurrencies only exacerbate our demand for immediate gratification but CHILL OUT PEOPLE! Give the network a few hours and then try again. If you can't get anything to go through by this time tomorrow, then you can flip out.

dineshary

full member

Activity: 131

Merit: 100

Quote from: wafdawg on June 20, 2017, 01:42:03 PM

Does anyone know what this means?

Transaction with the same hash was already imported.

your txn already submitted.. check in etherscan

weryo

full member

Activity: 126

Merit: 100

Quote from: CryptoPro3 on June 20, 2017, 01:37:58 PM

Quote

Anybody even see Pending?

no

But it goes faster now, over 1200 addresses with tokens: https://etherscan.io/token/0x744d70fdbe2ba4cf95131626614a1763df805b9e

wafdawg

sr. member

Activity: 560

Merit: 250

Does anyone know what this means?

Transaction with the same hash was already imported.

Trustor

full member

Activity: 342

Merit: 100

Is the ICO over ?

CryptoPro3

full member

Activity: 182

Merit: 100

Money loves speed

Quote

Anybody even see Pending?

no

Zoltes

member

Activity: 64

Merit: 10

Quote from: GinkgoFarm on June 20, 2017, 01:27:47 PM

It states on the site now: Final Ceiling 300,000 ETH

Seems quite high, as this only represents 41% of the tokens.

Yeah, that intended to be failsafe number, but something went wrong and now we'll have a cap of $275,814,878.06 USD :-/

BitcoinVSfiat

sr. member

Activity: 672

Merit: 254

Anybody even see Pending?

markuson

member

Activity: 70

Merit: 10

Anyone received tolens? I see over 1000 adresses

GinkgoFarm

newbie

Activity: 30

Merit: 0

It states on the site now: Final Ceiling 300,000 ETH

Seems quite high, as this only represents 41% of the tokens.

R2D4

newbie

Activity: 3

Merit: 0

Over 100 million dollars for a messenger. Right!

Metros

full member

Activity: 308

Merit: 100

Quote from: V.Pelewin on June 20, 2017, 01:19:48 PM

Quote from: Fastpow on June 20, 2017, 01:08:05 PM

Quote from: V.Pelewin on June 20, 2017, 01:03:53 PM

Quote from: Fastpow on June 20, 2017, 12:45:02 PM

Quote from: adam1230 on June 20, 2017, 12:43:20 PM

Quote from: Fastpow on June 20, 2017, 12:39:45 PM

Quote from: Fastpow on June 20, 2017, 12:22:34 PM

Quote from: V.Pelewin on June 20, 2017, 12:16:38 PM

Is there anyone that knows a little more about how Ethereum works? Will the transactions that say "Unable to locate Transaction entry" maybe still go through or are they lost in the ether?

Your transaction is in the queue and will likely be there for a while.

The transactions that did go through are those that contributed heavily during the bug-fixing 'event' since they apparently got some kind of a pass that allowed them to guarantee participation. That was all published on the blog way in advance. I know people around here don't actually read up before investing which is what causes this mess.

All of the transactions that are being rejected have faulty instructions in them. The majority have more than 50 Gwei as their gas price (somehow basically everyone uses 57 Gwei which is too much). Others use less than 200000 gas which causes their TX's to run out of gas during the contract execution.

All of these faulty transactions are simply choking the network which is why no that set the right parameters is able to contribute. (50 Gwei and 200000 gas)

TLDR: If people actually knew what they were doing we wouldn't be in such a mess every time an ICO happens.

People read up before you invest for once.. https://blog.status.im/status-network-token-issuance-ad877b79a10

You honestly think that the 14000+ people that have gotten screwed so far by this ICO did not do that? Most of them did EXACTLY what they were supposed to do and only 82 ETH addresses have gotten through. The reason for this is what you need to be posting. Why have 82 ETH addresses been able to invest $40,000,000 and the rest of us been screwed so far? Can you answer that for me?

The answer is in the blogpost that I just linked..

I'm not affiliated with Status in any way but the cause of the problems with the network at the moment is pretty easy to see.

Come on, that blog post is bullshit:
"The ceilings are designed to present hurdles for larger unknown ‘Whales’, while at the same time favouring smaller contributors and providing a more even grounds for token allocation than has been seen in previous token launches. More detailed information about how the dynamic ceilings will work can be found here."

Only 82 Eth adresses got all the tokens. It seems they presented hurdles "for larger unknown ‘Whales’" but not to the known ones.

Quote from: Fastpow on June 20, 2017, 01:01:59 PM

These are all the transactions (updated continuously) that did go through https://etherscan.io/address/0x55d34b686aa8c04921397c5807db9ecedba00a4c#internaltx.

The first 70 or so are by a few organizations that acted as a gateway for people that wanted to buy using fiat money and 1 or 2 organizations that pooled contributions and contacted Status.im.

So basically only insiders got in.

So you still haven't read the relevant parts yet.. I'll quote it for you :

Quote

As discussed in our Slack channel and in our previous post, our distribution partners BitcoinSussie and ICOage were both selected to help on board contributors in the community who are holding fiat. We’ve since had a number of gateways reach out, and this may prove to be an effective avenue to effectively cap the maximum contribution amount per participant. We’re expecting ~2,000 individual stakeholders via these allocations, each with their identities verified — and we’ll provide a summary after the Contribution Period

And furthermore:

Quote

Transaction Pooling
In an attempt to reduce the burden on the Ethereum network, our friends at imToken have hatched the plan to pool small transactions of their most-active users, and pool them into a single transaction, which will be white-listed by our smart contract (by removing 50 Gwei gas price restriction).
It is important to note that all of the previously mentioned distributions will will ignore the first ceiling of 30,000 ETH, and count only towards the final ceiling (or hard cap) .
Everyone who has participated, or will be participating at 2pm GMT today, receives the same rate of 10,000 SNT per 1 ETH as all other contributors.

And in fact, as per https://etherscan.io/token/0x744d70fdbe2ba4cf95131626614a1763df805b9e there are now 196 unique adresses and this number is rising. Keep in mind that the big purchases were done by big groups of people (so lots of unique users.)

So only Chinese people and Fiat investors had a chance at this ICO?

Yeah, hence the crypto community will drop the support on this project = FAIL ICO, probably of all times.

jlspartz

full member

Activity: 205

Merit: 100

Quote from: V.Pelewin on June 20, 2017, 01:19:48 PM

Quote from: Fastpow on June 20, 2017, 01:08:05 PM

Quote from: V.Pelewin on June 20, 2017, 01:03:53 PM

Quote from: Fastpow on June 20, 2017, 12:45:02 PM

Quote from: adam1230 on June 20, 2017, 12:43:20 PM

Quote from: Fastpow on June 20, 2017, 12:39:45 PM

Quote from: Fastpow on June 20, 2017, 12:22:34 PM

Quote from: V.Pelewin on June 20, 2017, 12:16:38 PM

Is there anyone that knows a little more about how Ethereum works? Will the transactions that say "Unable to locate Transaction entry" maybe still go through or are they lost in the ether?

Your transaction is in the queue and will likely be there for a while.

The transactions that did go through are those that contributed heavily during the bug-fixing 'event' since they apparently got some kind of a pass that allowed them to guarantee participation. That was all published on the blog way in advance. I know people around here don't actually read up before investing which is what causes this mess.

All of the transactions that are being rejected have faulty instructions in them. The majority have more than 50 Gwei as their gas price (somehow basically everyone uses 57 Gwei which is too much). Others use less than 200000 gas which causes their TX's to run out of gas during the contract execution.

All of these faulty transactions are simply choking the network which is why no that set the right parameters is able to contribute. (50 Gwei and 200000 gas)

TLDR: If people actually knew what they were doing we wouldn't be in such a mess every time an ICO happens.

People read up before you invest for once.. https://blog.status.im/status-network-token-issuance-ad877b79a10

You honestly think that the 14000+ people that have gotten screwed so far by this ICO did not do that? Most of them did EXACTLY what they were supposed to do and only 82 ETH addresses have gotten through. The reason for this is what you need to be posting. Why have 82 ETH addresses been able to invest $40,000,000 and the rest of us been screwed so far? Can you answer that for me?

The answer is in the blogpost that I just linked..

I'm not affiliated with Status in any way but the cause of the problems with the network at the moment is pretty easy to see.

Come on, that blog post is bullshit:
"The ceilings are designed to present hurdles for larger unknown ‘Whales’, while at the same time favouring smaller contributors and providing a more even grounds for token allocation than has been seen in previous token launches. More detailed information about how the dynamic ceilings will work can be found here."

Only 82 Eth adresses got all the tokens. It seems they presented hurdles "for larger unknown ‘Whales’" but not to the known ones.

Quote from: Fastpow on June 20, 2017, 01:01:59 PM

These are all the transactions (updated continuously) that did go through https://etherscan.io/address/0x55d34b686aa8c04921397c5807db9ecedba00a4c#internaltx.

The first 70 or so are by a few organizations that acted as a gateway for people that wanted to buy using fiat money and 1 or 2 organizations that pooled contributions and contacted Status.im.

So basically only insiders got in.

So you still haven't read the relevant parts yet.. I'll quote it for you :

Quote

As discussed in our Slack channel and in our previous post, our distribution partners BitcoinSussie and ICOage were both selected to help on board contributors in the community who are holding fiat. We’ve since had a number of gateways reach out, and this may prove to be an effective avenue to effectively cap the maximum contribution amount per participant. We’re expecting ~2,000 individual stakeholders via these allocations, each with their identities verified — and we’ll provide a summary after the Contribution Period

And furthermore:

Quote

Transaction Pooling
In an attempt to reduce the burden on the Ethereum network, our friends at imToken have hatched the plan to pool small transactions of their most-active users, and pool them into a single transaction, which will be white-listed by our smart contract (by removing 50 Gwei gas price restriction).
It is important to note that all of the previously mentioned distributions will will ignore the first ceiling of 30,000 ETH, and count only towards the final ceiling (or hard cap) .
Everyone who has participated, or will be participating at 2pm GMT today, receives the same rate of 10,000 SNT per 1 ETH as all other contributors.

And in fact, as per https://etherscan.io/token/0x744d70fdbe2ba4cf95131626614a1763df805b9e there are now 196 unique adresses and this number is rising. Keep in mind that the big purchases were done by big groups of people (so lots of unique users.)

So only Chinese people and Fiat investors had a chance at this ICO?

Apparently, Pre-ICO, Group Sales, and Fiat were whitelisted, first in line, and knowingly already above the soft cap. Hard cap is still unknown?

Topic: [SNT] Official Status Network Speculation - page 72. (Read 157586 times)