test - page 3. | Bitcointalksearch.org

badykvik

sr. member

Activity: 895

Merit: 250

Quote from: cyle_collective on April 21, 2019, 09:03:50 AM

Quote from: badykvik on April 21, 2019, 07:31:54 AM

This is indeed a great project, i will also mine and hold some cyle for the project future road map implementations.
The only bad side of this project is the free domain name .cc you guys should have used .com or any other extension.

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

Alright, i never thought .cc have something to do with cryptocurrency, please forgive my manners of approach; i only want the best for the project since it has a unique idea.
I believe this will worth some fortunes when it hits an exchange.

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

What will be the actual use case scenarios for this token? So basically it's an ERC20 token that we mine by paying you the gas fee in ETH, is this correct? I would love to know what are your future plans to make this a big token and how do you see it evolving over the coming say next 12-18 months? It's an interesting concept, but always am wary to part with my ETH and like to ask questions and do a lot of research first. It did pique my interest but I am going to look further into it before I decide if it's for me or not. I do wish you though good luck with this endeavor, does sound quite interesting.

FoBoT

sr. member

Activity: 658

Merit: 250

Quote from: cyle_collective on April 21, 2019, 07:24:56 AM

Quote from: FoBoT on April 21, 2019, 05:46:51 AM

The project idea is unique and the website is very mature but i do not like the idea of using eth gas to mine eth token due to drop in exchage value of the token though that does not disqualify the fact that the project idea is good.

Do i need to transfer the eth to cyle address or leave it in the metamask ?

How long will it take to mine the 40 cyle per day ? Does the mining continue when the computer is shut down ?

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

I have successfully mined my first 40 cyle and i shall be able to activate masternode in 3 days time unless if there is someone willing to sell some cyle to me. I will check the gas settings next time because i paid higher this time around.
I also hope cyle will worth more than the gas used to generate it when listed on an exchange.
Nice job.

badykvik

sr. member

Activity: 895

Merit: 250

This is indeed a great project, i will also mine and hold some cyle for the project future road map implementations.
The only bad side of this project is the free domain name .cc you guys should have used .com or any other extension.

FoBoT

sr. member

Activity: 658

Merit: 250

The project idea is unique and the website is very mature but i do not like the idea of using eth gas to mine eth token due to drop in exchage value of the token though that does not disqualify the fact that the project idea is good.

Do i need to transfer the eth to cyle address or leave it in the metamask ?

How long will it take to mine the 40 cyle per day ? Does the mining continue when the computer is shut down ?

pinoycash

hero member

Activity: 1316

Merit: 514

Quote from: ?? on ??

This might turn out to be real interesting. Browser mining ? Wonder how profitable it would be ?

Well its a new thing in ETH smart contract but we will never know if this one will turn out good, without exchange listings what you have now is worthless token buts its a good to collect this new type of token that has a real function unlike other dull useless tokens.

CjMapope

legendary

Activity: 1820

Merit: 1092

~Full-Time Minter since 2016~

Quote from: hold-coins on April 18, 2019, 09:21:34 AM

Can you please send my cyle back this is so stupid all i was trying to do was send to my ether wallet an I had to go in and custom name the token get your contract address. Then after all that I sent back to your token address. I want my damn coins. This is stupid.
Transaction hash:

0xbf4d2b6e3fc43796420513f61eea2df17a654dff73e1aca54247e6575e833a95

I am not goint to pay 5$ to do it again there is no way gas price is $5!!!

I would like it sent to this wallet but if u have to send back to original wallet that is fine!!!!

0x09193aDc4D3AeF4dfB4370ddD79b6E20C66Ec167. Wallet i want cyle sent to

It cannot work like a normal ether wallet got to go through a bunch of shady extra steps smh!!!!

Send me my coins or I am about to put all this stupid gas fee stuff on blast!!!!!!!

The first try gas was 7 cents 2nd try gas is $5 what kind of scam coin is this there is no way!

i have only seen the gas price shoot up like that if you have already gotten your ONE distro for the timeframe
it seems to me to be a built in feature to avoid people "mining" too many too fast
learn to use things (in this case ERC-20 tokens) b4 you blast people over 5$ in losses to your stupidity, it will get you farther on this forum Wink

(and maybe in life?)

@OP
the total amount seems a bit high for me, ive collected a few and im done for now
see where you take it from here

hold-coins

member

Activity: 60

Merit: 21

Can you please send my cyle back this is so stupid all i was trying to do was send to my ether wallet an I had to go in and custom name the token get your contract address. Then after all that I sent back to your token address. I want my damn coins. This is stupid.
Transaction hash:

0xbf4d2b6e3fc43796420513f61eea2df17a654dff73e1aca54247e6575e833a95

I am not goint to pay 5$ to do it again there is no way gas price is $5!!!

I would like it sent to this wallet but if u have to send back to original wallet that is fine!!!!

0x09193aDc4D3AeF4dfB4370ddD79b6E20C66Ec167. Wallet i want cyle sent to

It cannot work like a normal ether wallet got to go through a bunch of shady extra steps smh!!!!

Send me my coins or I am about to put all this stupid gas fee stuff on blast!!!!!!!

The first try gas was 7 cents 2nd try gas is $5 what kind of scam coin is this there is no way!

MiHner

newbie

Activity: 2

Merit: 0

On your issue tracker you listed that you want to add a send functionality. When and where can this be found?

Mr. CoinLove

newbie

Activity: 15

Merit: 1

Quote from: ?? on ??

Hello Mr. CoinLove,

thank you for your question.

5% of the funds in the CYLE vault will be reserved for community purposes. This means you, the community will be able to co-create the future of CYLE. Registered masternode owners will be preferred in voting processes which will determine how CYLE will evolve. So if you wish to be a part of our journey, make sure you register as a masternode! If you have further question regarding this or any other topic related to CYLE, don't hesitate to ask.

Well, but I thought you guys have a plan on what this project wants to achieve? What would the community have to decide here?

Shoxc

full member

Activity: 170

Merit: 101

Quote from: pinoycash on April 06, 2019, 01:37:07 PM

Is this Proof of stake Mining? So we need to hold a certain amount of CYLE and trigger the mine function on your smart contract?

Or we can start mining even with zero balance we just need to pay the gas for the transaction?

Yes, you only need to pay for the gas. They also got some handy video guides that help you understand everything.

pinoycash

hero member

Activity: 1316

Merit: 514

Is this Proof of stake Mining? So we need to hold a certain amount of CYLE and trigger the mine function on your smart contract?

Or we can start mining even with zero balance we just need to pay the gas for the transaction?

Mr. CoinLove

newbie

Activity: 15

Merit: 1

Quote from: ?? on ??

Quote from: Mr. CoinLove on April 04, 2019, 11:07:39 AM

Quote from: ?? on ??

Quote from: Mr. CoinLove on April 04, 2019, 03:45:33 AM

What is ITD standing for in your thread title?
Just mined my first CYLE block and received 40 CYLE. So I can confirm it is working.

Hello Mr. CoinLove,

our goal is to provide a fair and free model of distribution. This is why CYLE holds no ICO. Instead, CYLE adopts an ITD model (Initial Token Distribution), meaning CYLE will be emitted via mining and staking rewards exclusively. There won't be any pre-mined supply for the team either.

we hope this answers your question

Okay, so this is a term you created? Why no premine? How are you planning to push the project then when you have no team funds?

Hello Mr. CoinLove,

yes, Initial Token Distribution (ITD) is a term we created. We think premining would be disadvantageous for participants, which is why we chose a fair way to finance and improve CYLE. 20% of every CYLE created goes into the vault. We will also let the community decide what will happen with the funds in the vault.

Hope this explains our approach!

Thank you for clearing this up. I really like your approach.
How are you planning to involve the community to use the vaults balance?

Mr. CoinLove

newbie

Activity: 15

Merit: 1

Quote from: ?? on ??

Quote from: Mr. CoinLove on April 04, 2019, 03:45:33 AM

What is ITD standing for in your thread title?
Just mined my first CYLE block and received 40 CYLE. So I can confirm it is working.

Hello Mr. CoinLove,

our goal is to provide a fair and free model of distribution. This is why CYLE holds no ICO. Instead, CYLE adopts an ITD model (Initial Token Distribution), meaning CYLE will be emitted via mining and staking rewards exclusively. There won't be any pre-mined supply for the team either.

we hope this answers your question

Okay, so this is a term you created? Why no premine? How are you planning to push the project then when you have no team funds?

MiHner

newbie

Activity: 2

Merit: 0

Just registered a masternode and locked 120 CYLE. Did someone get his reward already for staking?

Mr. CoinLove

newbie

Activity: 15

Merit: 1

What is ITD standing for in your thread title?
Just mined my first CYLE block and received 40 CYLE. So I can confirm it is working.

pynetx

sr. member

Activity: 798

Merit: 262

there was another project (I don't remember its name) doing the same what you guys are doing. My question is what's the use case of CYLE, I mean what benefit would I have if I own CYLE?

dncdog

member

Activity: 156

Merit: 15

Mining with a computer, internet connection, and ethereum wallet like Metamask, but does such mining safe for my coins in Ethereum wallet and for my computers?
I have never heard such kind of mining, it looks like mining via browser, but I wonder about is security.

Shoxc

full member

Activity: 170

Merit: 101

Alright, I took a look at the smart contract over the last days and had some successful mining attempts too.
Everything works seamlessly and the code looks alright. Worked with it on remix a couple of times and tried to trick it, but had no luck.

Good luck with the project!

halyavshik

member

Activity: 180

Merit: 17

MN reward is max 10 CLYE per node, or once per block?

You brought a great idea to life. But it would be worth to set a variable reward for the block, the more often the blocks are generated - the less reward.

Topic: test - page 3. (Read 1821 times)