Quote from: vanillagalaxy on September 20, 2017, 08:02:55 AM

Quote from: electroneum on September 19, 2017, 08:24:39 PM

Quote from: vanillagalaxy on September 19, 2017, 05:37:07 PM

Quote from: electroneum on September 19, 2017, 03:23:45 PM

Quote from: khufuking on September 19, 2017, 09:45:40 AM

I am really very interested about this project and want to know more about the mining process how you guys will do it ! what resources will be used on the mobile for mining ! And if this coin is based on mobile mining that means no one can mine it using laptop/ desktop etc .. ? . Because if a coin made to be mined by mobiles it will for sure be overpowered to mine it with desktop . I really like the whole idea and will probably buy some coins later today .

Mobile miners are NOT downloading the blockchain or doing anything intensive. It's a mining experience. That means it looks like a miner, feels like a miner and pays out a small number of coins like a miner - but actually it's not bringing the utility of the blockchain to the project. We leave that to the full miners (which the mobile miner encourages by the way). What the mobile miner brings to the table is viral growth of the brand. This is still a utility, so we still pay out coins, but instead of the utility being to keep transactions flowing, this utility is designed to encourage mass adoption of the Electroneum cryptocurrency. Each and every app user will have a few coins in their wallet - which will encourage them to start looking for ways to use them. If we can get millions of users (we're also building quite an addictive tap mining game that will ALSO encourage viral spread) then we will very quickly become one of the more recognized cryptocurrencies - which will be good for ALL cryptocurrencies - as you all know, once you are into the land of crypto, you don't just hold one coin, you branch out.

It's something new, it's never been done, and I have a good feeling about it.

Thanks for your interest!

Richard.

well well well,so the entire mobile mining is just a fake?!twin algorithm is also a lie after all because it looks more likely paying bounty for using mobile app ,correct me if i'm wrong.

this will bring back my previous question about premined coins now:

Quote from: electroneum on September 11, 2017, 04:59:37 PM

Quote from: vanillagalaxy on September 11, 2017, 04:26:13 PM

Quote from: electroneum on September 11, 2017, 04:01:13 PM

Quote from: vanillagalaxy on September 11, 2017, 02:45:05 PM

@dev:
1. how many coins would your team going to premine despite of 6.3 billion ICO?
2. how many coins will left to miners(cellphone,cpu,gpu etc) to mine?
3. how long the mining could proceed(years)?

the questions above only valid to dev team to answer.

DO NOT QUOTE MY POST AND ANSWER FOR THESE QUESTIONS IF YOU ARE NOT DEV OF ELECTRONEUM.

Thanks!

Hi!

2. There will be 15 million coins left for miners

thanks for the answers....but...15 million...wth the remaining 14.985 billion coins then?

haha! Ooops! I did a "Dr Evil" (austen powers!) - There are 15 BILLION coins for miners! Sorry! I've edited post above!

1.who is gonna pay for mobile users if all 6 billion premined coins have been successfully sold?
2.where are those 6% referral bonus coins come from since you already spent it all?(20 million for bounty programe+5.98 billion for ico)
3.your entire budget of this project is exceed the 6 billion premined coins now(if 1. and 2. is true),what is your explanation of it?
4. if 3. is true,what is the exactly amount of the premined coins will be then?

once again,if you are not a member of electronium dev-team,please DO NOT quotemy post and answer for these question,i saw enough your silly answers for a lot of legit questions from the beginning.
thanks!

we've never expected to sell 6 billion coins and, importantly, we gave out a bonus to increase takeup through viral reach of the token sale (which is working by the way - thanks to those people who are running Google Adwords for their referral bonus!!). We've raised 1.25 million US worth of ETH and BTC in our first week - really if we reach 4 or 5 million US we'll have considered this an enormous success. There is no chance of running it over the 6 billion and it was never intended to, the bonus really makes virtually no difference. Remember the amount of issued ETN reduces from tomorrow.

Have a great day!
Richard

1.you had a plan for ICO if reaching $40+ million and now you said you've never expected to sell 6 billion coins?
2.if ICO only reach $4-5 million,that means there will be more than 5 billions coins unsold and that would be equal to more than 80% of circulating coins holding by dev-team(+4-5 million cash),do you think it is healthy then for investors only buying the dust ?
3.i totally understood someone here said that fixed price is the key problem because i do see the problem now,don't you?

oops...dev seems missing again....winter is coming,take care yourself guys