Re: 🔥🔥🔥 [ANN][ICO] BITFENCE - REMOVE HACKERS FROM YOUR NETWORK

I do agree with you on that, having something tangible do something as magnificent as that can be eye catching and that's the focus of the new coming technological age, no one wants to implement or use something bulky, no matter how great the product is, if is bulky, the sales will be low compared to a product with a small size, i'm glad the product development team of BITFENCE kept that in mind during development

it's because it's not an actual miner, like an ASIC. From my understanding you are not confirming transactions on the blockchain, you 'mine' a reward everytime it reports a 'hackers' activity to the main network.

Let me get this straight and i'm sure some people in the community will like to get clarification on that, so what this means is, if a network was attacked by a hacker, is it BITFENCE that will automatically flag the hacker's IP as bad or will the report be done by the individual and secondly, will the sting miner do the mining automatically or does it need to be authenticated first by BITFENCE before the mining can be done?

I had similar questions Ive flipped through the whitepaper but its quite a complex project so I think more videos and documentation simplifying and explaining how things like this will work could go quite far with assuring peole

Yea, i think a detailed response to this will go a long way but from my view if such report is to be done by the community, it should first be authenticated by the BITFENCE team before commencing the necessary steps, such process will ensure credibility to the network and stop the process of false reports, even though the project is a decentralized one, is best to also keep the community in check too

Wow that sting miner device looks very small. Is this for home office or can used for big offices as well. And this device will catch hackers?

I think you can use sting miners everywhere, but for big companies you will need more to secure the network. I like the idea to go in public networks like an airport or railway station and mine a lot of hackers.

Its really good idea. There are lot of hackers attacking airports and train station. It will be good demo also, if this device managed to catch good amount of hackers then people will jump to buy this one.

It doesn't quite work like that, doesn't matter what location you were in, hackers work remotely and externally majority of the time. you would be waiting for hackers to come in via the networks external address. It would be most effective leaving the miner to run 24/7 resulting in the most profits

Ya i dont get the idea of restricting it to only mine like that, 24/7 mining would be pretty much the only way to assure ROI eventually, without relying on a outside influence to even mine, that would not make sense to me.