BitcoinEOS (BITE)
A word from the main developer
I am not a programmer but with help of youtube I managed to start free coin distribution with copy/paste contract (As a fun experiment). I put coin name, total supply and distribution (no White paper, website) to bitcointalk thread including one contract address. That contract has received about 30K orders so far (and 0,04eth as tips) After a while I realised that I had accidently created another identical contract that had grown even bigger. So far it has 125K orders (and 3eth as tips?). I have no idea where those orders to second contract came from but I felt that I should include those as part of distribution. First contract just was not successful enough to distribute all 900M BITES. After some voting hasle and feedback from community I decided to treat tokens (BITE) from both contracts equal. This will mean I have to burn extra tokens to keep original total supply. I am still working on how to do this best way.
Another thing worth mentioning is that when people order BITE tokens they have to pay gas for Ethereum network (even if order is 0eth). In this case it has been something between 000003eth-0,008eth per order (avg: 0,0005eth). (People do not always choose lowest possible cost. Atleast I don't) I believe that in cryptoworld people are responsible on their own gas cost. Right? In this case it seems like most people have not even seen my project details so they just order for the hell of it? (atleast those who order from contract2). If they knew about the my project they would now stop ordering from contract2 because contract1 gives double amounth of BITEs but that is not the case.
Questions:
-Is there something that community thinks I should do to be fair in these circumstances. Pay back eth tips for example? Close token distribution + project (to stop gas burning)?
-Is there any future for this token?
-Is it possible that second contract orders are from a whale who will use this for pump and dump?
-Any smart contract experts here. I need some help with my "copy/paste contract".
A word from the main developer
I am not a programmer but with help of youtube I managed to start free coin distribution with copy/paste contract (As a fun experiment). I put coin name, total supply and distribution (no White paper, website) to bitcointalk thread including one contract address. That contract has received about 30K orders so far (and 0,04eth as tips) After a while I realised that I had accidently created another identical contract that had grown even bigger. So far it has 125K orders (and 3eth as tips?). I have no idea where those orders to second contract came from but I felt that I should include those as part of distribution. First contract just was not successful enough to distribute all 900M BITES. After some voting hasle and feedback from community I decided to treat tokens (BITE) from both contracts equal. This will mean I have to burn extra tokens to keep original total supply. I am still working on how to do this best way.
Another thing worth mentioning is that when people order BITE tokens they have to pay gas for Ethereum network (even if order is 0eth). In this case it has been something between 000003eth-0,008eth per order (avg: 0,0005eth). (People do not always choose lowest possible cost. Atleast I don't) I believe that in cryptoworld people are responsible on their own gas cost. Right? In this case it seems like most people have not even seen my project details so they just order for the hell of it? (atleast those who order from contract2). If they knew about the my project they would now stop ordering from contract2 because contract1 gives double amounth of BITEs but that is not the case.
Questions:
-Is there something that community thinks I should do to be fair in these circumstances. Pay back eth tips for example? Close token distribution + project (to stop gas burning)?
-Is there any future for this token?
-Is it possible that second contract orders are from a whale who will use this for pump and dump?
-Any smart contract experts here. I need some help with my "copy/paste contract".