WAVES. Ultimate crypto-tokens blockchain platform. - page 1938.

Nxtblg

legendary

Activity: 924

Merit: 1000

Quote from: Vagnavs on April 14, 2016, 03:45:14 PM

JL777, One member was offering a 20 BTC reward for information on his identity. He's accused of running off with $2 million.

https://bitcointalksearch.org/topic/offer-of-up-to-20-btc-for-info-on-jl777-806495

That "member" is a flake who freaked out when he couldn't deliver code for one of James' projects after James paid him to do so. He's long gone.

rossr1

sr. member

Activity: 363

Merit: 250

is the signature campaign still active for waves?

mxxxxxx

legendary

Activity: 2310

Merit: 1000

Quote from: From Above on April 14, 2016, 05:19:19 PM

Quote from: mxxxxxx on April 14, 2016, 05:00:31 PM

Quote from: werneo on April 14, 2016, 04:50:38 PM

I understand that there is no working prototype for Waves at this moment, but that the test net will be deployed soonish.

Question for anyone who might know: how many tx per second will the Waves platform be able to do at launch?

Tech details will be showing up during the ICO. First testnet. Next beta mainnet, scalability approach will be also presented in meantime.

what if no tech details will show up during the ico ?

Grin

~CfA~

This is not an option

bitcoinnoisseur

hero member

Activity: 504

Merit: 500

Quote from: BoldNinja on April 14, 2016, 05:23:57 PM

Quote from: bitcoinnoisseur on April 14, 2016, 04:08:29 PM

Quote from: BoldNinja on April 14, 2016, 03:33:54 PM

Quote from: bitcoinnoisseur on April 14, 2016, 03:16:59 PM

Quote from: getwork on April 14, 2016, 01:56:09 PM

85,000,000.00 WAVES/4832 BTC = 17591 Waves per BTC

I sent 1 BTC on 4/12 and have 17,648 Waves so your number is real close. However, I should have an extra 20%. When and how will the 20% bonus be applied?

This is confusing: https://blog.wavesplatform.com/how-to-participate-in-the-waves-ico-87d04a6d043c#.13bef93rf

4) Users who buy WAVES tokens on 12 April will receive a bonus of 20%, which will be credited to their account immediately.Those who participate before the end of April (13–30 April) will receive a 10% bonus, and those who participate from 1–15 May will receive a 5% bonus.

5) At the end of the ICO, 85 million WAVES will be distributed proportionally to investors, including the early investor bonuses, based on the total funds collected. 15 million WAVES will be retained by the founding team for development and marketing

Is the bonus applied immediately OR after the ICO ends and how? At the end of the ICO you can't divide 85,000,000 by all the BTC sent to get Waves/BTC, and then add 20%, 10% or 5% Waves, because you will have more than 85,000,000 Waves.

Everything will go from that 85m it's just that let's say ICO just ended and you got the last deposit so final would for example with no bonus last deposit for 1 BTC = 10000 WAVES , but the one who deposited on the first day 1 BTC amount will receive 12000 WAVES.

You can't do it that way as I explained. If you wait until the end of the ICO and divide (85,000,000 Waves/Total BTC received) = Waves/BTC then you can't add on any bonus because you will have more than 85,000,000 Waves.

Lets say:

1,000 people sent 1 BTC on 4/12
250 people sent 1 BTC on 4/13
100 people sent 1 BTC on 5/11
50 people sent 1 BTC on 5/31

Total BTC = 1,400

85,000,000 Waves / 1,400 BTC = 60,714 Waves/BTC

You can not add on any bonus to 60,174 as you will end up with over 85,000,000 Waves.

If you added on each bonus you would get:

60,714 x 1.2 = 72,856.8 (1,000 x 72,856.8 = 72,856,800 Waves)

60,714 x 1.1 = 66,785.4 (250 x 66,785.4 = 16,696,350 Waves)

60,714 x 1.05 = 63,749.7 ( 100 x 63,749.7 = 6,374,970 Waves)

60,714 x 50 = 3,035,700 Waves

Total Waves = 72,856,800 + 16,696,350 + 6,374,970 + 3,035,700 = 98,963,820 Waves *

OK lets see it this way for easier interpretation :

1,000 people sent 1 BTC on 4/12 (20% bonus)
1,000 people sent 1 BTC on 4/13 (10% bonus)
1,000 people sent 1 BTC on 5/11 (5% bonus)
1,000 people sent 1 BTC on 5/31 (no bonus)

means 4,000 BTC right? But for waves final calculation that will be 1200+1100+1050+1000 = 4350

85,000,000 / 4,350 = I'm going to round that to 19,540 WAVES = 1BTC

so for first calculation

1,000 people sent 1 BTC on 4/12 (1200) = 23,448,000 (each will get 23,448 for their 1 BTC)
1,000 people sent 1 BTC on 4/13 (1100) = 21,494,000 (each will get 21,494 for their 1 BTC)
1,000 people sent 1 BTC on 5/11 (1050) = 20,517,000 (each will get 20,517 for their 1 BTC)
1,000 people sent 1 BTC on 5/31 (1000) = 19,540,000 (each will get 19,540 for their 1 BTC)

so 23,448,000 + 21,494,000 + 20,517,000 + 19,540,000 = 84,999,000 (we missed that 1,000 WAVES when we rounded it to 19,540)

All ok?

Perfect. Thank you. I had thought there might be a separate Total BTC.

BoldNinja

hero member

Activity: 1806

Merit: 515

Quote from: bitcoinnoisseur on April 14, 2016, 04:08:29 PM

Quote from: BoldNinja on April 14, 2016, 03:33:54 PM

Quote from: bitcoinnoisseur on April 14, 2016, 03:16:59 PM

Quote from: getwork on April 14, 2016, 01:56:09 PM

85,000,000.00 WAVES/4832 BTC = 17591 Waves per BTC

I sent 1 BTC on 4/12 and have 17,648 Waves so your number is real close. However, I should have an extra 20%. When and how will the 20% bonus be applied?

This is confusing: https://blog.wavesplatform.com/how-to-participate-in-the-waves-ico-87d04a6d043c#.13bef93rf

4) Users who buy WAVES tokens on 12 April will receive a bonus of 20%, which will be credited to their account immediately.Those who participate before the end of April (13–30 April) will receive a 10% bonus, and those who participate from 1–15 May will receive a 5% bonus.

5) At the end of the ICO, 85 million WAVES will be distributed proportionally to investors, including the early investor bonuses, based on the total funds collected. 15 million WAVES will be retained by the founding team for development and marketing

Is the bonus applied immediately OR after the ICO ends and how? At the end of the ICO you can't divide 85,000,000 by all the BTC sent to get Waves/BTC, and then add 20%, 10% or 5% Waves, because you will have more than 85,000,000 Waves.

Everything will go from that 85m it's just that let's say ICO just ended and you got the last deposit so final would for example with no bonus last deposit for 1 BTC = 10000 WAVES , but the one who deposited on the first day 1 BTC amount will receive 12000 WAVES.

You can't do it that way as I explained. If you wait until the end of the ICO and divide (85,000,000 Waves/Total BTC received) = Waves/BTC then you can't add on any bonus because you will have more than 85,000,000 Waves.

Lets say:

1,000 people sent 1 BTC on 4/12
250 people sent 1 BTC on 4/13
100 people sent 1 BTC on 5/11
50 people sent 1 BTC on 5/31

Total BTC = 1,400

85,000,000 Waves / 1,400 BTC = 60,714 Waves/BTC

You can not add on any bonus to 60,174 as you will end up with over 85,000,000 Waves.

If you added on each bonus you would get:

60,714 x 1.2 = 72,856.8 (1,000 x 72,856.8 = 72,856,800 Waves)

60,714 x 1.1 = 66,785.4 (250 x 66,785.4 = 16,696,350 Waves)

60,714 x 1.05 = 63,749.7 ( 100 x 63,749.7 = 6,374,970 Waves)

60,714 x 50 = 3,035,700 Waves

Total Waves = 72,856,800 + 16,696,350 + 6,374,970 + 3,035,700 = 98,963,820 Waves *

OK lets see it this way for easier interpretation :

1,000 people sent 1 BTC on 4/12 (20% bonus)
1,000 people sent 1 BTC on 4/13 (10% bonus)
1,000 people sent 1 BTC on 5/11 (5% bonus)
1,000 people sent 1 BTC on 5/31 (no bonus)

means 4,000 BTC right? But for waves final calculation that will be 1200+1100+1050+1000 = 4350

85,000,000 / 4,350 = I'm going to round that to 19,540 WAVES = 1BTC so we don't get into to many digits

(it's actually 19540,229885057471264367816091954)

so to put this to final numbers:

1,000 people sent 1 BTC on 4/12 (1200) = 23,448,000 (each will get 23,448 WAVES for their 1 BTC investment)
1,000 people sent 1 BTC on 4/13 (1100) = 21,494,000 (each will get 21,494 WAVES for their 1 BTC investment)
1,000 people sent 1 BTC on 5/11 (1050) = 20,517,000 (each will get 20,517 WAVES for their 1 BTC investment)
1,000 people sent 1 BTC on 5/31 (1000) = 19,540,000 (each will get 19,540 WAVES for their 1 BTC investment)

so 23,448,000 + 21,494,000 + 20,517,000 + 19,540,000 = 84,999,000 WAVES (we missed that 1,000 WAVES when we rounded it to 19,540)

All ok?

Sasha and his team won't receive 4350 BTC in this calculation, but 4000 BTC - additional 350 is added to waves final calculation for the bonus purposes.

colombuszka

hero member

Activity: 802

Merit: 501

Quote from: mxxxxxx on April 14, 2016, 04:20:47 PM

Quote from: colombuszka on April 14, 2016, 04:17:41 PM

Quote from: Vagnavs on April 14, 2016, 04:01:10 PM

Yes that is funny.. charle shoskinson

https://bitcointalksearch.org/topic/m.14535100

The FUD is strong with this one.

https://bitcointalksearch.org/topic/m.14540259

Nooo, what the Fudboys will do then? :-(

(Nice gesture sasha, keep up the great work!)

From Above

hero member

Activity: 700

Merit: 520

Quote from: mxxxxxx on April 14, 2016, 05:00:31 PM

Quote from: werneo on April 14, 2016, 04:50:38 PM

I understand that there is no working prototype for Waves at this moment, but that the test net will be deployed soonish.

Question for anyone who might know: how many tx per second will the Waves platform be able to do at launch?

Tech details will be showing up during the ICO. First testnet. Next beta mainnet, scalability approach will be also presented in meantime.

what if no tech details will show up during the ico ?

Grin

~CfA~

mxxxxxx

legendary

Activity: 2310

Merit: 1000

Quote from: werneo on April 14, 2016, 04:50:38 PM

I understand that there is no working prototype for Waves at this moment, but that the test net will be deployed soonish.

Question for anyone who might know: how many tx per second will the Waves platform be able to do at launch?

Tech details will be showing up during the ICO. First testnet. Next beta mainnet, scalability approach will be also presented in meantime.

mxxxxxx

legendary

Activity: 2310

Merit: 1000

Quote from: larbaud on April 14, 2016, 04:49:13 PM

Quote from: mxxxxxx on April 14, 2016, 03:12:59 PM

Quote from: kaltun on April 14, 2016, 02:32:30 PM

Quote from: IOTUSA on April 14, 2016, 02:04:34 PM

Quote from: larbaud on April 14, 2016, 12:39:38 PM

Quote from: ImHacked on April 14, 2016, 11:47:30 AM

Quote from: Mrdeeds on April 14, 2016, 11:41:27 AM

I purchased (=sent the coins) at 11:57 GMT yesterday, as it's written in the "related payment" section of my dashboard, and I only received 10% bonus (I know that because it's easy to calculate the Waves/BTC ratio at a given time). I think that's because the waves were credited after 2 confirmations at 12:28, when the 20% was over. So we didn't have 24h to send our BTC, only about 23h20...it was necessary to send the BTC before 11:20 GMT to get the 20%. Any dev can tell me if I'm right and if it is normal ? Undecided

You had 24 hours to participate for the 20%.
Depositing 3 minutes before the end of the timeframe is rather risky imo.
Does the time on the blockchain also show 11:57?
If so you should contact support. I'm sure they take care of it if your case is legit.
Heres the answer mate https://bitcointalksearch.org/topic/m.14524620

If the 20% bonus starts at 12 pm the 12th (we could not deposit before) and you have to deposit before something like 11:20 am the 13th, that's not 24h

That's why "mxxxxxx" says that time of transaction counts

But I fear that is not what happened : my payment was created at 11:57 (ICO dashboard) and received at 12:28 (blockchain.info), and I got only 10%.

Here's how I know that, correct me if I'm wrong (or tell me your Waves/deposited BTC ratio) :

At this time the 85 million Waves are divided between 4828 BTC, of which something like 4600 were deposited during the 20% bonus, so 1 BTC + 20% bonus = about 17900 Waves.

I have deposited 0.7 BTC the first day (at 20%, there is no doubt) then 1.266 at 11:57 the 13th (which are supposed to be at 20%). 1.968 in total.

17900*1.968 = about 35200 Waves. I have only 32900 in my balance. The difference is the 10% missing on the second deposit.

Am I right ? Where can I contact the support ?

Pointless, since everything is automatic and it's arrival time of BTC, not your send time that counts.

the time when it shown in blockchain its counting
but its now 2 early calculate the bonus , at the end of ico will it be shown (that's what I thought)

Time of transaction on the blockchain is important, it is just showing in your account after 2 confirmations, if it came while in 24 hours period you got 20% bonus, all Waves balances will be changing in your accounts up to the last day of the ICO while new investors are coming. Through first 24 hours when you were depositing 1 BTC, your Waves balance was calculated as if you were depositing 1.2 BTC up to the last seconds of the first 24 hours. Now when someone is depositing 1 BTC, his Waves balance will be calculated as if he was depositing 1.1 BTC until the last of April. We are all the time in one big pool.

Please join http://slack.wavesplatform.com and send message to Sasha if you would like to have your transaction verified.

You don't understand. The 20% bonus is effective during the first 24h. If the reference time is the initiation of the transaction, then it as to stop the 13th at 12 PM as the ICO and so the first initiated transactions have begun the 12th at 12 PM. But if the reference is the 2-confirmation-time, then the 20% bonus has to stop about 40 min after 12 PM the 13th, because the first 2-confirmations-transactions were at the same time the day before. Otherwise you had to let us know that the 20% bonus is effective during only 23h something and not 24h.

I apparently lost 10% of my Waves because of that. My BTC have been deposited in time.

The reference is when transaction shows up on the blockchain. Please DM Sasha in slack. He will help you with sorting your problem.

werneo

member

Activity: 65

Merit: 10

I understand that there is no working prototype for Waves at this moment, but that the test net will be deployed soonish.

Question for anyone who might know: how many tx per second will the Waves platform be able to do at launch?

larbaud

newbie

Activity: 10

Merit: 0

Quote from: mxxxxxx on April 14, 2016, 03:12:59 PM

Quote from: kaltun on April 14, 2016, 02:32:30 PM

Quote from: IOTUSA on April 14, 2016, 02:04:34 PM

Quote from: larbaud on April 14, 2016, 12:39:38 PM

Quote from: ImHacked on April 14, 2016, 11:47:30 AM

Quote from: Mrdeeds on April 14, 2016, 11:41:27 AM

I purchased (=sent the coins) at 11:57 GMT yesterday, as it's written in the "related payment" section of my dashboard, and I only received 10% bonus (I know that because it's easy to calculate the Waves/BTC ratio at a given time). I think that's because the waves were credited after 2 confirmations at 12:28, when the 20% was over. So we didn't have 24h to send our BTC, only about 23h20...it was necessary to send the BTC before 11:20 GMT to get the 20%. Any dev can tell me if I'm right and if it is normal ? Undecided

You had 24 hours to participate for the 20%.
Depositing 3 minutes before the end of the timeframe is rather risky imo.
Does the time on the blockchain also show 11:57?
If so you should contact support. I'm sure they take care of it if your case is legit.
Heres the answer mate https://bitcointalksearch.org/topic/m.14524620

If the 20% bonus starts at 12 pm the 12th (we could not deposit before) and you have to deposit before something like 11:20 am the 13th, that's not 24h

That's why "mxxxxxx" says that time of transaction counts

But I fear that is not what happened : my payment was created at 11:57 (ICO dashboard) and received at 12:28 (blockchain.info), and I got only 10%.

Here's how I know that, correct me if I'm wrong (or tell me your Waves/deposited BTC ratio) :

At this time the 85 million Waves are divided between 4828 BTC, of which something like 4600 were deposited during the 20% bonus, so 1 BTC + 20% bonus = about 17900 Waves.

I have deposited 0.7 BTC the first day (at 20%, there is no doubt) then 1.266 at 11:57 the 13th (which are supposed to be at 20%). 1.968 in total.

17900*1.968 = about 35200 Waves. I have only 32900 in my balance. The difference is the 10% missing on the second deposit.

Am I right ? Where can I contact the support ?

Pointless, since everything is automatic and it's arrival time of BTC, not your send time that counts.

the time when it shown in blockchain its counting
but its now 2 early calculate the bonus , at the end of ico will it be shown (that's what I thought)

Time of transaction on the blockchain is important, it is just showing in your account after 2 confirmations, if it came while in 24 hours period you got 20% bonus, all Waves balances will be changing in your accounts up to the last day of the ICO while new investors are coming. Through first 24 hours when you were depositing 1 BTC, your Waves balance was calculated as if you were depositing 1.2 BTC up to the last seconds of the first 24 hours. Now when someone is depositing 1 BTC, his Waves balance will be calculated as if he was depositing 1.1 BTC until the last of April. We are all the time in one big pool.

Please join http://slack.wavesplatform.com and send message to Sasha if you would like to have your transaction verified.

You don't understand. The 20% bonus is effective during the first 24h. If the reference time is the initiation of the transaction, then it as to stop the 13th at 12 PM as the ICO and so the first initiated transactions have begun the 12th at 12 PM. But if the reference is the 2-confirmation-time, then the 20% bonus has to stop about 40 min after 12 PM the 13th, because the first 2-confirmations-transactions were at the same time the day before. Otherwise you had to let us know that the 20% bonus is effective during only 23h something and not 24h.

I apparently lost 10% of my Waves because of that. My BTC have been deposited in time.

werneo

member

Activity: 65

Merit: 10

Quote from: From Above on April 14, 2016, 04:19:46 PM

Quote from: animalroam on April 14, 2016, 04:17:58 PM

I think it's extremely important to have some kind of working wallet during launch and not just the ability to exchange WAVES on exchanges.

i think its extremely important to have working producut on launch day not just a shitey wallet Cool

~CfA~

I wish them good luck with that.

ingiltere

legendary

Activity: 2982

Merit: 1485

Quote from: revelacaogr on April 14, 2016, 02:12:51 PM

https://bitkapital.com

POWERED BY THE WAVES PLATFORM

We should point it out, owner of this site is not a WAVES investor. He said he'll buy some WAVES at some point but he isn't an investor of WAVES. I don't understand his point of view but this should be a bad mark for the site.

mxxxxxx

legendary

Activity: 2310

Merit: 1000