The whole supporting existing infrastructure is a great idea as it could increase adoption.
Jacob
Topic: This is too important not to share... - page 2. (Read 3055 times)
That's actually one of the most exciting altcoin innovations I've seen a quite a while - great job!
if it is so decentralized where do we get these debit cards from? is there a new git command that produces ccs?
2. I still love you
3. Launch already
[edit] 6. ffs man, you know you have something better than most, if not all that is out there. whip that shit out on the table and show these mother fuckers what you are packing. it is time. we need it.
2. I still love you
3. Launch already
[edit] 6. ffs man, you know you have something better than most, if not all that is out there. whip that shit out on the table and show these mother fuckers what you are packing. it is time. we need it.
So you can buy the cards themselves from anywhere, along with the reader writers. The software that needs to be installed on the cards will be open source.
Hah, I know I have something better than most, but that alone wasn't good enough for us to take mass market. Just having fast transactions, or efficiency isn't enough, there needs to be many other things to really attract mass market use.
If I'd of already launched I would be doing the vision and platform potential an injustice, and penetrating the mass market would be 10x harder if not more.
Mass market is huge, $40t per annum, and no one other than us is looking at it seriously...thats a big incentive to do things right the first time!
touche
but
man that is what version's are for. I've got this drawer full of arm boards collecting dust just waiting....
I appreciate your responses to everyone. I can tell that you truly care about this project.
Question. ..I am still confused about the coins. Will you start off with a pre-mine? What algorithm are you using?
Will you keep this coin off the exchanges and only trade in house?
Thanks
Question. ..I am still confused about the coins. Will you start off with a pre-mine? What algorithm are you using?
Will you keep this coin off the exchanges and only trade in house?
Thanks
There is no mining as stated above, EMU is earned in a more efficient, fairer manner.
The consensus algorithm is new and has been developed by us called EVEI (Evolving Voters (via) Endorseable Interactions).
I'm writing details about it on our wiki as we speak regarding how it operates, but simply it could be classified as "Proof of Service" (though there is more to it than that) for which a solution has eluded crypto for quite some time until now.
Simply if your node is online and doing work, you get paid for exactly how much work you do...no waste, no need for ASICs or special hardware, no pools.
As for exchanges, the platform has its own decentralized DEX and fiat conversion functionality built in, but external exchanges can hook in via APIs if they like.
I'm putting a lot of content on the wiki this week in preparation for some meetings I have next week, I'll share the links to the relevant documents once ready instead of scattering it though a lot of unorganized posts, then you should get a better understanding of how it all operates.
I appreciate your responses to everyone. I can tell that you truly care about this project.
Question. ..I am still confused about the coins. Will you start off with a pre-mine? What algorithm are you using?
Will you keep this coin off the exchanges and only trade in house?
Thanks
Question. ..I am still confused about the coins. Will you start off with a pre-mine? What algorithm are you using?
Will you keep this coin off the exchanges and only trade in house?
Thanks
thank you for your info they are very important for me.
So long as the merchant has opted to accept the eMunie cards and the patch to the terminal that allows them to do so, yes.
In reality we're working on building relationships with the major terminal manufacturers and obtaining the required certification so that they will be able to do an over the air update to all their payment terminals. Then the merchant will be ready to accept EMU when ever he likes without doing anything.
In reality we're working on building relationships with the major terminal manufacturers and obtaining the required certification so that they will be able to do an over the air update to all their payment terminals. Then the merchant will be ready to accept EMU when ever he likes without doing anything.
That's so totally amazing! I can't believe how easy your demo looked. Congrats!
When is your EMU system launching? What PC resources are recommended for mining/hatching (CPU, RAM, HD, bandwidth)?
I hope you have plenty of user tutorials, I think you've cracked the crypto user-friendly roadblock wide open, so you need to be ready for mass noobies.
edit: how does one mine EMU?
There is no mining as such (or hatching anymore). Rewards are distributed between all nodes that assist the network, which simply means turning it on and leave it running. Something as low powered as a Raspberry PI can be used and actually earn a steady income. It's basically "proof of service" full node incentivization which everyone wants, but no one has been able to solve.
As for the launch schedule, (billo will be pleased about this) all the critical requirements that I decided upon 3 years ago are now in place, with minimal work remaining. There is going to be an open beta in June where people can test drive all the platforms features and it'll run for a few months while we do fine tuning/bug fixes/etc
Save for any critical issues in the open beta, a launch date is then imminent and will likely follow a month or so after.
if it is so decentralized where do we get these debit cards from? is there a new git command that produces ccs?
2. I still love you
3. Launch already
[edit] 6. ffs man, you know you have something better than most, if not all that is out there. whip that shit out on the table and show these mother fuckers what you are packing. it is time. we need it.
2. I still love you
3. Launch already
[edit] 6. ffs man, you know you have something better than most, if not all that is out there. whip that shit out on the table and show these mother fuckers what you are packing. it is time. we need it.
So you can buy the cards themselves from anywhere, along with the reader writers. The software that needs to be installed on the cards will be open source.
Hah, I know I have something better than most, but that alone wasn't good enough for us to take mass market. Just having fast transactions, or efficiency isn't enough, there needs to be many other things to really attract mass market use.
If I'd of already launched I would be doing the vision and platform potential an injustice, and penetrating the mass market would be 10x harder if not more.
Mass market is huge, $40t per annum, and no one other than us is looking at it seriously...thats a big incentive to do things right the first time!
AFAIK, the difference between the OP's card platform and all others comes down to fees, freedom, and privacy.
| .................. | OP's eMunie card platform | All others AFAIK |
| fees | customer: 1 cent merchant: zero | customer: varies merchant: ~2-3% |
| freedom | yes | 3rd party or govt can block funds |
| privacy | yes | 3rd party or govt can track your purchases. |
Definitely a good thing to try after all everyone has to have a card when doing transactions. $20 is nothing as compare to being tracked.
This may seem to attract a lot of criminals who hides from being caught. I like the idea. i hope they will develop a token too so we can invest to its development.
Any monetary payment system will attract criminals in some form, it's the way of the world and it'll never be stopped. So long as the majority of people using a system are doing so honestly, then everything should be just fine.
whats the difference to the e-coin.io? They're into BTC Debit Cards too.
Everything is different!
e-coin.io is a good service (I have one of their cards), but they charge fees for everything and they use the Visa and Mastercard networks. That is bad, as while Bitcoin is decentralized (can of worms?) you're using it with a centralized service.
If you have the ability to create your own cards cheaply, you are then still in a decentralized system.
Also these cards can hold not just EMU currency tokens, but any asset that is represented in the eMunie network. One card can hold EMU, USD, GBP, loyalty tokens, everything.
How much was your coin trading for?
if it is so decentralized where do we get these debit cards from? is there a new git command that produces ccs?
2. I still love you
3. Launch already
[edit] 6. ffs man, you know you have something better than most, if not all that is out there. whip that shit out on the table and show these mother fuckers what you are packing. it is time. we need it.
2. I still love you
3. Launch already
[edit] 6. ffs man, you know you have something better than most, if not all that is out there. whip that shit out on the table and show these mother fuckers what you are packing. it is time. we need it.
@billotronic, why did you leave emunie? why don't you re-join the community again? It sounds like you want to bro, and that'd be a good thing all round
AFAIK, the difference between the OP's card platform and all others comes down to fees, freedom, and privacy.
| .................. | OP's eMunie card platform | All others AFAIK |
| fees | customer: 1 cent merchant: zero | customer: varies merchant: ~2-3% |
| freedom | yes | 3rd party or govt can block funds |
| privacy | yes | 3rd party or govt can track your purchases. |
Definitely a good thing to try after all everyone has to have a card when doing transactions. $20 is nothing as compare to being tracked.
This may seem to attract a lot of criminals who hides from being caught. I like the idea. i hope they will develop a token too so we can invest to its development.
Privacy will be a big selling point for sure! Will there be website to get a card balance away from home?
if it is so decentralized where do we get these debit cards from? is there a new git command that produces ccs?
2. I still love you
3. Launch already
[edit] 6. ffs man, you know you have something better than most, if not all that is out there. whip that shit out on the table and show these mother fuckers what you are packing. it is time. we need it.
2. I still love you
3. Launch already
[edit] 6. ffs man, you know you have something better than most, if not all that is out there. whip that shit out on the table and show these mother fuckers what you are packing. it is time. we need it.
AFAIK, the difference between the OP's card platform and all others comes down to fees, freedom, and privacy.
| .................. | OP's eMunie card platform | All others AFAIK |
| fees | customer: 1 cent merchant: zero | customer: varies merchant: ~2-3% |
| freedom | yes | 3rd party or govt can block funds |
| privacy | yes | 3rd party or govt can track your purchases. |
Definitely a good thing to try after all everyone has to have a card when doing transactions. $20 is nothing as compare to being tracked.
This may seem to attract a lot of criminals who hides from being caught. I like the idea. i hope they will develop a token too so we can invest to its development.
AFAIK, the difference between the OP's card platform and all others comes down to fees, freedom, and privacy.
*(eMunie) customer pays 1 cent per transaction but initial card cost can be ~$4 - $25 depending on if you create it or order it. Card never expires. Transactions are in native crypto (EMU or one of many token assets) without involving fiat conversion. Speed < 10 seconds.
**(others) customer has to provide 3rd party info to satisfy AML/KYC regs. 3rd Party conversion required to fiat for merchant along with those fees.
Edited with footnotes, etc.
| .................. | OP's eMunie debit card | All others AFAIK |
| fees | customer: 1 cent * merchant: zero | customer: varies ** merchant: ~1% |
| freedom | yes | 3rd party or govt can block funds |
| privacy | yes | 3rd party or govt can track your purchases. |
*(eMunie) customer pays 1 cent per transaction but initial card cost can be ~$4 - $25 depending on if you create it or order it. Card never expires. Transactions are in native crypto (EMU or one of many token assets) without involving fiat conversion. Speed < 10 seconds.
**(others) customer has to provide 3rd party info to satisfy AML/KYC regs. 3rd Party conversion required to fiat for merchant along with those fees.
Edited with footnotes, etc.
whats the difference to the e-coin.io? They're into BTC Debit Cards too.
You need to have your logo linked with your site
So long as the merchant has opted to accept the eMunie cards and the patch to the terminal that allows them to do so, yes.
In reality we're working on building relationships with the major terminal manufacturers and obtaining the required certification so that they will be able to do an over the air update to all their payment terminals. Then the merchant will be ready to accept EMU when ever he likes without doing anything.
In reality we're working on building relationships with the major terminal manufacturers and obtaining the required certification so that they will be able to do an over the air update to all their payment terminals. Then the merchant will be ready to accept EMU when ever he likes without doing anything.
That's so totally amazing! I can't believe how easy your demo looked. Congrats!
When is your EMU system launching? What PC resources are recommended for mining/hatching (CPU, RAM, HD, bandwidth)?
I hope you have plenty of user tutorials, I think you've cracked the crypto user-friendly roadblock wide open, so you need to be ready for mass noobies.
edit: how does one mine EMU?
Thanks for the update.
Any timeline yet for the launch date or when wallet will be available?
Any timeline yet for the launch date or when wallet will be available?
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