ellcrys (OP)
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January 30, 2018, 03:00:15 PM
Last edit: June 18, 2019, 03:51:47 PM by ellcrys |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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ellcrys (OP)
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Activity: 154
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January 30, 2018, 03:01:34 PM |
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ellcrys (OP)
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January 30, 2018, 04:07:52 PM |
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Thanks for your support  |
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Dorbaraco
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January 31, 2018, 06:47:47 AM |
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This is really a large-scale project. But I did not understand if 1000 people (for example) will work on software then how the reward will be distributed between them and who will decide this. How to determine who contributed more to the development?
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sxafir
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January 31, 2018, 06:51:08 AM |
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What software ?
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aileenmg
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January 31, 2018, 06:55:42 AM |
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What software ?
Did not quite understand what you mean. This will be an entire ecosystem for developers with a data warehouse and convenient exchange of tokens. The system should take its rightful place in the huge software market. |
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iqbalnr
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January 31, 2018, 06:56:32 AM |
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looks promising, I signed up for a bounty campaign, hopefully this great success project got hardcap
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upline
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January 31, 2018, 07:04:23 AM |
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How many tokens are allocated for pre-ICO?
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Barryeinz
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January 31, 2018, 07:08:28 AM |
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looks promising, I signed up for a bounty campaign, hopefully this great success project got hardcap
I also hope so, because development can really help people and change the market as a whole. Make the process of developing applications more qualitative, quick and open. |
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Breathe
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January 31, 2018, 07:10:53 AM |
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I still do not quite understand about currency mining. If you do not need expensive equipment, then how will this happen? Coins will be awarded to the owners of the tokens? Can I earn money on mobile devices?
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deluxorian
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January 31, 2018, 07:18:24 AM |
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How many tokens are allocated for pre-ICO?
800 000 000 tokens will be sold with a 35% bonus. The start of sales on February 1. I think thanks to a unique idea it will be easy to attract investors in the first round |
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ellcrys (OP)
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January 31, 2018, 07:21:11 AM |
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This is really a large-scale project. But I did not understand if 1000 people (for example) will work on software then how the reward will be distributed between them and who will decide this. How to determine who contributed more to the development?
It is a large project. Work is divided in to small tasks. Each tasks carry a reward (e.g coin, token, stake) to be allocated to the person who completes them. Anytime a task is merged to a project, the contributor will receive the associated reward. The decision regarding acceptance of a task is made by the members of the project through a review and voting system. Because work is quantifiable, the protocol can determine who contributes the most and reward them with more coins or reputation. |
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brainwashed
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January 31, 2018, 07:28:54 AM |
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This is really a large-scale project. But I did not understand if 1000 people (for example) will work on software then how the reward will be distributed between them and who will decide this. How to determine who contributed more to the development?
It is a large project. Work is divided in to small tasks. Each tasks carry a reward (e.g coin, token, stake) to be allocated to the person who completes them. Anytime a task is merged to a project, the contributor will receive the associated reward. The decision regarding acceptance of a task is made by the members of the project through a review and voting system. Because work is quantifiable, the protocol can determine who contributes the most and reward them with more coins or reputation. It is perfectly. I like the fact that the whole team can approve a separate part of the project as a result of voting and not one person, it will be very cool. Good luck in work! |
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upline
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January 31, 2018, 07:33:46 AM |
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How many tokens are allocated for pre-ICO?
800 000 000 tokens will be sold with a 35% bonus. The start of sales on February 1. I think thanks to a unique idea it will be easy to attract investors in the first round Quite a solid amount. But there is interest in the project, and even considering a good bonus for the first investors, I think the project has good prospects. |
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ellcrys (OP)
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January 31, 2018, 07:39:54 AM |
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I still do not quite understand about currency mining. If you do not need expensive equipment, then how will this happen? Coins will be awarded to the owners of the tokens? Can I earn money on mobile devices?
On Ellcrys, mining is a collaborative process between people who run nodes (a.k.a miners), people who have banknotes (almost everyone) and people ready to perform off-chain, manual validation. A miner with a specialised machine needs the people with banknotes to send them to the network, otherwise, there is nothing to "mine". The banknotes act like coal which is required to produce energy. Miners validate/mine this "banknote" to create coin candidates. Coin candidates become final once they receive enough votes from manual validators. New coins are shared between all parties. You will be able to earn money in by: - Sending your banknotes to the network. - Running a node. - Participate in off-chain, manual validation - Contributing to software projects. |
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Andreinethab
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January 31, 2018, 07:45:24 AM |
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If I want to run a node, what equipment or amount of money will I need to invest in this business. And can I pay it with tokens in the future? . Since I want to understand the promise of this idea already at the initial stages of the project launch
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ellcrys (OP)
Copper Member
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Activity: 154
Merit: 0
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January 31, 2018, 07:45:54 AM |
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This is really a large-scale project. But I did not understand if 1000 people (for example) will work on software then how the reward will be distributed between them and who will decide this. How to determine who contributed more to the development?
It is a large project. Work is divided in to small tasks. Each tasks carry a reward (e.g coin, token, stake) to be allocated to the person who completes them. Anytime a task is merged to a project, the contributor will receive the associated reward. The decision regarding acceptance of a task is made by the members of the project through a review and voting system. Because work is quantifiable, the protocol can determine who contributes the most and reward them with more coins or reputation. It is perfectly. I like the fact that the whole team can approve a separate part of the project as a result of voting and not one person, it will be very cool. Good luck in work! Yes, it is important that no one person determines the direction of projects. When people begin to build decentralized businesses, we want everyone to be part of the governance process. To accommodate other types of organization structure, it will be possible to configure projects differently. |
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buzhdao
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January 31, 2018, 07:47:41 AM |
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Good project! The Bounty program is impressive. I think the community will be pretty. I'm happy to attend, it's a good chance to get tokens for free. And the bounty reward will depend on the number of tokens sold?
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deluxorian
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January 31, 2018, 07:51:28 AM |
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If I want to invest in a project and I have US dollars, then it is more profitable for me to invest on the fall of the BTC and ETH so I can buy more of your tokens correctly?
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