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Topic: Tezos discussion - page 182. (Read 215824 times)

full member
Activity: 308
Merit: 100
July 05, 2017, 05:01:53 PM
Still quite a large amount, 49,997 BTC Smiley
full member
Activity: 187
Merit: 100
July 05, 2017, 04:56:30 PM
I was looking at how much in BTC has been contributed to the Tezos project this morning at 7:55AM Pacific Standard Time.

At that time there was 53,505 BTC invested.


I just looked right now (2:50PM Pacific Standard Time) and the total BTC contributed has dropped to 49,997 BTC.

The page now shows 3,508 BTC  less contributed than it did this morning.  Wonder what is up with that?

They sent an email to the community 2.5hrs ago:

Quote
Update on Contributions to Date

Dear Tezos supporters,

When designing the contribution software, we made sure that all contributions to the Tezos fundraiser are recorded on the Bitcoin and Ethereum blockchains, so there is no risk of losing or forgetting any contributions, and so the fundraiser can be audited at a later time. For convenience, we also created a counter that produces summaries of contributions on the https://check.tezos.com website and a global counter at https://tezos.com. In the first hour of the fundraiser, we experienced a corruption of a database we use to produce these summaries, but the outage only prevented less 1% of the contributors to automatically confirm their transaction. We manually confirmed the contributions of these contributors.

We worked directly with these contributors to explain the situation and include their transaction confirmation in the database. Meanwhile, we carefully wrote and tested scripts for checking the consistency of the database, both its inner consistency and its consistency relative to the Bitcoin and Ethereum blockchains. Here is the result of a dry run on the production database, after 726 blocks (the 5th of July around 2PM UTC). These results are consistent with a complete replay on a test database.
•   Missed UTXOs (unspent transaction outputs): 199
•   Missed deposits: 45
•   Global data after fix:
o   Collected BTC: 48,768 (-4,565)
o   Collected ETH: 274,613 (+1,984)
o   Total allocated wallets: 21,755 (+348)
o   Changed wallets: 1,272
o   Added wallets: 200
In other words, once we run our cleanup scripts, the website counter will show 4,565 less BTC and 1,984 more ETH.
Note that all transactions have been processed correctly on the blockchains themselves, so the actual contributions are not affected. Only our separate, independent database that creates a summary of the results was temporarily affected during the first hour of the fundraiser and we’ve now produced a fix for the issue.
The number of wallets that had inaccurate summaries is 1,272. Of these, only 243 were missing UTXOs or ETH deposits. For the other affected wallets the listed contributions were valid but the total number of allocated tezzies was buggy.

All missed UTXOS (except 4) occurred in the 8 first blocks of the crowdsale. The 4 remaining missing UTXOs were randomly spread (level: 15, 331, 524, 575).
The errors that occurred during the 8 first blocks of the crowdsale resulted from two mistakes:
•   The 'offline' server was initially deployed with too little RAM, and the maintenance script crashed a couple of times. This explains the missing UTXOs.
•   While debugging these random crashes, we mistakenly (due to sleep deprivation at the time) deleted some global counters. This explains the disparities between the actual collected BTC/ETH and the amounts shown by the website counter.
We have no explanation yet for the four unregistered UTXOs that occurred later in the crowdsale. But we suspect a bug either in the Bitcoin parsing library we rely on, or the database library, or the way we use them. Anyway, we now have a robust consistency checker, and can promptly detect and correct any missing UTXOs.

Regards,
The Tezos team
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 05, 2017, 04:52:20 PM
I was looking at how much in BTC has been contributed to the Tezos project this morning at 7:55AM Pacific Standard Time.

At that time there was 53,505 BTC invested.


I just looked right now (2:50PM Pacific Standard Time) and the total BTC contributed has dropped to 49,997 BTC.

The page now shows 3,508 BTC  less contributed than it did this morning.  Wonder what is up with that?
newbie
Activity: 47
Merit: 0
July 05, 2017, 04:50:41 PM
Got my tezos put in 1 BTC there. still 15% bonus
full member
Activity: 294
Merit: 101
July 05, 2017, 04:17:00 PM
Why would anybody sell under the ICO price ?

Even the EOS scam is a big 3X above the ICO price with NO ACTUAL CODE, while Tezos has been in development for 3+ years.

This is a no brainer bet if you ask me....

Even if Eos is still at its early stage I still believe that it's a project with great potential and could go colse to Ethereum...
jr. member
Activity: 57
Merit: 10
July 05, 2017, 04:16:33 PM
Bought with 20% I believe in this crypto very much
newbie
Activity: 47
Merit: 0
July 05, 2017, 04:11:08 PM
Current bonus is 15% or 10%?
15% I believe; I just invested
sr. member
Activity: 644
Merit: 250
July 05, 2017, 03:55:31 PM
Why would anybody sell under the ICO price ?

Even the EOS scam is a big 3X above the ICO price with NO ACTUAL CODE, while Tezos has been in development for 3+ years.

This is a no brainer bet if you ask me....
legendary
Activity: 1344
Merit: 1001
July 05, 2017, 01:25:42 PM
Current bonus is 15% or 10%?
hero member
Activity: 756
Merit: 500
Hire me! Spanish translator and community manager!
July 05, 2017, 01:20:01 PM
Yeah i invested 50% of what I was going to invest and the other 50% at exchanges in case it goes bellow ico price so i can buy more.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 05, 2017, 01:11:45 PM
largest ICO means each token will have less value. Just think what's the total market cap can be for this one? uncapped ICO is a joke to me.


but Lambos for everyone at tezos man !
even the janitor gets a lambo.. Cheesy

Yeah each of us needs to get on the actual Tezos team haha.   With the way this is going...this is definitely going to be one to hold long...short term profit is almost definitely not going to happen for investors. 

I am ok with holding this one long and I didn't invest that much money, so I am just going to sit and watch what develops (whether that is 6 months or whether it is 3 years).   I just didn't want to miss out if it actually turns into something huge. 
full member
Activity: 280
Merit: 100
July 05, 2017, 01:08:49 PM
They already collected 54 k btc and 275 k eth. What will the team do with all of this money? They will create an apple or samsung or audi? Sorry but this ico without a max cap is so stupid. I know the price will declined after getting on exchanges.
full member
Activity: 350
Merit: 171
July 05, 2017, 12:50:55 PM
I think the collected money for the projects is too much and unnecessary. Ico balloons are beginning to form. Ico's seems to be not as profitable as the old one
sr. member
Activity: 329
Merit: 250
July 05, 2017, 12:46:03 PM
Largest ICO's are not good for investors, we saw that in the other project. The smaller the market value, the more likely it is to rise. Good luck for team and the investors  Wink
member
Activity: 165
Merit: 10
“The Future of Security Tokens”
July 05, 2017, 12:35:58 PM
Well we are all now officially part of the record for largest ICO. Now it remains to be seen if we are part of something that develops into something unique and huge or if we will also set the record for world's largest flop. Lol

Latest largest ICO's - Bancor and SOMN are not doing good Sad Status is ok... it will be interesting what tezos price (and investor returns) will be!
newbie
Activity: 21
Merit: 0
July 05, 2017, 12:32:54 PM
largest ICO means each token will have less value. Just think what's the total market cap can be for this one? uncapped ICO is a joke to me.


but Lambos for everyone at tezos man !
even the janitor gets a lambo.. Cheesy

Sure that devalues further, lmao. Anyway I am not in this ICO, uncapped ICO + locked for 6 months? man good luck.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
July 05, 2017, 12:29:14 PM
largest ICO means each token will have less value. Just think what's the total market cap can be for this one? uncapped ICO is a joke to me.


but Lambos for everyone at tezos man !
even the janitor gets a lambo.. Cheesy
newbie
Activity: 21
Merit: 0
July 05, 2017, 12:24:56 PM
largest ICO means each token will have less value. Just think what's the total market cap can be for this one? uncapped ICO is a joke to me.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 05, 2017, 12:22:53 PM
Well we are all now officially part of the record for largest ICO. Now it remains to be seen if we are part of something that develops into something unique and huge or if we will also set the record for world's largest flop. Lol
full member
Activity: 252
Merit: 100
July 05, 2017, 10:45:47 AM
If somebody forget's its password.
Can you retreive it using your Private Key you have been sent on the PDF?
Thank you
No, there is no way that you can retrieve your tezzies if you loose your password. The wallet id and the seed is not enough!!

What?   Typically the see is the private key and that is all you need.   


Tezos is different mate if you lose your password you lose all your coins simple.

An important reminder about passwords
Dear Tezos supporters,

The Tezos fundraiser is currently ongoing and has been a massive success so far. If you have contributed, or are planning to contribute, we would like to remind you of the importance of backing up your password.

The password you select on the fundraiser page is used to protect your key in case of theft of your paper wallet. The 15-word mnemonic you see in your wallet cannot alone let you access your XTZ allocation. We do not have your password and cannot help you recover it.

We recommend that you pick a strong password, one you haven't used anywhere else. Committing passwords to memory is difficult, therefore we strongly recommend you write it down on a piece of paper and place it in a secure location. Keep it secret, keep it safe.

As always, whenever you access the Tezos website, please type in the full address, manually, in your browser: https://www.tezos.com

Sincerely,
The Tezos team

Thanks for the details,  hope the PW I wrote down is the correct one!   =?


good question... how to check if I have/remember/write down my correct password?
That's what i am worried now i hope i can remember the password . If any one know how to check please post it.
I wanted to check the same. As i used 2 different passwords associated with 1 email id to make 2 different deposits. But I guess we can only find out about it once they begin to distribute the tokens! And that's like 4-6 months from now. So no going back from here i guess..
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