Topic: test (Read 1872 times)

Hello FoBoT,

To clear things up:
There are many exchanges, but some of them didn't reply or want a ridiculous amount of money for listing us. Even minor exchanges with mostly fake volume request 2-3 BTC for a listing. We won't waste such an amount of BTC for a clumsy exchange. If one exchange with a better reputation reaches out to us/answers to our listing-request, we will gladly do so. Feel free to connect us to someone of them if you know anybody.

Regarding why we aren't here 24/7:
We are currently developing the next phase of this project. It's important to us to drive this forward.

If you still want to sell your token (at least that's how it sounds), try your luck in our OTC channel.

Hope this helps.

Hello FoBoT

thanks for your warm words.
You can join the OTC channel via this Link: https://t.me/joinchat/JFbUExTc3NmtuMfFySrECw


Hello dodziu,

this may be, because they wrote their messages before you joined the chat. You only see the messages which have been send into the chat after you joined.

Have a good day gents.

Hello dodziu,

we are going to split up the answers for a better understanding


One possible effect could be that more people try to mine. This could lead to multiple people trying to mine the same block. Only one person (wallet) will receive the reward tho. Who gets the reward is not decided by us or our smart contract. It depends on the miners, which hold up the ethereum network and which transaction they confirm first. But this seems a very, very rare case.


The gas fee isn't connected to a listing on an exchange. It will always be the standard gas fee, which is currently needed to fire a transaction on the ethereum network.
You can find the current gas prices here : https://ethgasstation.info
At the moment we encourage you to mine with the lowest amount possible (something around 155 Wei). The transaction may take up to 5 minutes, but as there isn't that much competition, you can get your CYLE very cheap.


You can calculate the intrinsic value yourself by diving the 40 CYLE you get per mining attempt by the spend transaction fee costs.
We already had two users in our OTC channel, which negotiated a price of 0,1 dollars per CYLE. So we would expect something between those two values.

I hope this helps you and answers your questions.

Have a nice weekend.

Hello badykvik,

we are active here, but didn't see any question which required an answer by us.
We feel sorry that you are no longer taking part. We hope to welcome you back on board once we got listed.

In the meantime, we will share our progress with you during the upcoming weeks. We are currently negotiating with various HSM box and Server providers.

Still: if you have any questions, feel free to reach out to us here.

Have a nice weekend.

Hello wahyuagung26 and thank you for your question.
There is no system requirement your computer needs to meet in order to mine CYLE. All that happens by clicking on the "Start Mine" button is that a smart contract funtion is triggered which runs independently from your system. So it won't use your CPU power. Don't hesitate to ask if you have further questions.

Hello badykvik,
you're right. We also recognized the raising gas fee and hope it will decrease soon. And thanks for your continuing support.

Hello FoBoT,
thank you for your comment and suggestion. We are discussing bounty programs and the like. However, our main focus at the moment is on negotiations with exchanges. We will update you as soon we can provide more precise information in that regard.

Hello badykvik,

thank you for your kind words and support. only with community members like you CYLE can grow

Hello badykvik,

the time frame you addressed is roughly 7 days between each claiming attempt. There is an indicator on your dashboard - right beneath the button to claim your interest - that specifies that time frame for your account in real-time.
If you can't see the indicator, please empty your browser cache and reload the dashboard.
Regarding exchange listing, we are in negotiations with several exchanges and will update you as soon as we're listed, which will be soon.
We see the importance of these questions as well. However, let us kindly remind you that CYLE is a fully free service - aside from gas fees which are determined by the Ethereum blockchain and are therefore out of our control.

Hello badykvik

we're sorry to hear you feel discomforted and expected higher rewards for your staking attempts. We built CYLE as a sustainable and long term service and carefully calculated the interest with that in mind. As the interest is percentage based, you naturally can raise your benefit
by locking a higher amount of CYLE. Claim your interest as soon as possible and lock CYLE again - that is the way to get the most out of our staking system. As CYLE is built on egalitarian principles, we chose not to prefer some users (like early adopters) over others.

Please see the CYLE PositionPaper to learn more about how and why CYLE has been created.

Hello Mr. CoinLove,

atm we can only tell you that we contacted a lot exchanges

we are in negotiation with three exchanges right now. so CYLE will be listed soon on a exchange.

Hello starkovblue,

You may have missed that this projects USP is not browser mining. This is only our chosen way of distributing token. You may want to look at the "The future" section of our homepage to get a deeper understanding on what we are building. The info-graphic and voiceover can describe it better than we could describe it here.

If you still feel that we should clear something up, feel free to reach out here or in our telegram room.

Hope this helps 

Hello Qiwiman2,

I'm gonna split up the answer so I can be more specific


The token will lateron empower you to do two things:
1. It will be the fuel for our instant swap platform. You can get a brief overview on our homepage - check out the voiceover too!
2. It will be your stake once we get the community involved on further developments. We do not see ourselves as white bearded men making decisions in their chamber behind closed doors. We will heavily rely on the input of our community in the future.
3. Once we are on exchanges you can sell them for sure. Most likely to people who need them for point 1.


The gas fee goes to the Ethereum miners, not to us. We are not generating profit by your mining attempts. This would not meet our transparent plans and would not be fair at all - as not every attempt is likely to be successful.


I can feel you. We discussed for many hours if we should launch with a fully qualified white paper or with a position paper (can be found here: https://cyle.cc/assets/pdf/CYLE_Position_Paper.pdf). As we wanted the distribution to start, we chose to go for the smaller position paper.
Currently we are working on those things:
1. Getting exchanges on board
2. Setting up a technical white paper
3. Setting up a technical white paper that non-techies are able to understand
4. Evaluation of different Frameworks that will power our platform. (Own ETH fork, public Quorum chain, open Hyperledger format, Corda, ...) There are many pros and cons to consider in terms of transparency, privacy and performance.
5. Get a PoC out for 3-5 Chains

Those are the top 5 objectives of our Objectives-And-Key-Results (OKR) board (yes, I mixed objectives and key results up here for better understanding, and no there are of course qualified and measurable key results linked to our objectives). But those here should give you a quick overview on what is currently happening.

We set up our board for the timeframe of 3 months. From our experience in software engineering, things change too quickly to be planned for a whole year. The goal is set to bring all currencies together, by providing an instant swapping solution. How this will be implemented and what other functions we provide may change over time (new technologies, new laws, etc..)


Loved those honest words. But you seem to be the kind of people we would love to have around: people who care, read white papers, pay interest and not spam channels for when there lamb will arrive. That's a reason, why we didn't do an airdrop, but rather chose such a "new" way of distributing coins.

Hope this helps. Feel free to ask further questions, if the occur on your end

dear FoBoT,

if you want your CYLE masternode asap you can buy CYLE OverTheCounter @ our Discord channel.

hi badykvik,

we have chosen .cc because this stands for cryptocurrency. this has nothing to do with free or paid domains .

other projects like smartcash have chosen the same domain. this is not about popularity. this is about the spirit of cryptocurrencies

hello FoBoT,

your cyle adress is your ethereum adress. just leave some eth on it for the transaction fee. as you can see on our videos guides in the metamask window you can edit the gas cost. 2 gwei is enough atm. so the transaction is very cheap.

the mining process takes only a few seconds. just click on "start mining" and confirm the transaction in the metamask window.

You don't need to keep your computer running after the mining process has been started. that's all.

We recommend you to watch our video guides to make yourself familiar with CYLE https://www.cyle.cc/videoGuides.html

Why not just reach out with IDEX, its a free listing with decent volume. Since the token offers unique smart contract this could be a good candidate for their listing.

Practically the main purpose of mining any crypto is to make some profits from it either in long or short runs, the exchange platforms provide this opportunities.
You can take fobot up on the offer he suggested may be things might work and we have cyle listed on exchanges.