Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [IoP] Internet of People - Decentralise the Web 2.0 - a Community Project
by
Memnon
on 30/07/2018, 20:31:09 UTC
So nothing, but some more blabla and a lot of yadda yadda.
Your excuse, that you were "too early" announcing Hydra tops your ignorance.
In the meantime you've managed to shed another 10% of your market value.
With all your chapter miners dumping non stop, your socialist project is rapidly running out of other people's money.
Are you stoned all day?

I am sorry, but there is no reason to be rude and if you wish to continue with that I see no reason why I should reply to further responses.
We are open and transparent, not stoned at all and not socialist. You my friend sound like someone disgruntled by the market and prices being low. We are also human being and not perfect, but we work hard an many sacrifice a lot to make something great. But as we always communicated we don't control the market price, which is by the way not the same as value. value is in what we we develop, so that's what we focus onWe do so from our HQ in Karlsruhe for IOP and from Budapest Libertaria is working hard and all the chapters worldwide work hard to contribute to this.

You can read this in the Core Reports from Divisions and Libertaria each month and from he chapter reports. And in fact, speaking of mining, anyone can freely open up a chapter and mine. Internet of People took another step towards global reach and ease of use. We redesigned the structure of our community in order to enlarge its scope and to allow more people to actively participate in the development and sustainability of the IoP network.

As you know, IoP is a SHA256 coin that runs on a permissioned mining system based on what we call "mining license". Until now, the community was structured based on geographical location with mining licenses granted based on a bureaucratic mechanism. Starting today, we changed this antique and defensive approach and we adopted the following licensing / rewarding mechanism:

- everyone can start a "chapter" at any time
- there will be 31 mining license up for grab that can be used by the best  chapters in order to mine their own IOP
- there will be an extra reward per month of around 14000 IOP generated from 30 extra mining license managed by the community services which will be awarded based on the voting ranking of the chapters. The distribution principle can be found in the picture at the end of the announcements.
- mining license granting and reward awarding take place once a month, after the community voting process is concluded.
- the only requirement is to join our Discord server, introduce yourself and place your request in #chapter-requests indicate who you are, where you are from and what your desired chapter name is . After that you will get your own Report-Channel. Submit a report or a proposal and and try to get as many votes as possible. No more restriction on one country, no interview or ID check - yes, is that easy

Note that we are still planning to for a consensus switch for IOP, we will introduce a new consensus algorithm based on the idea of a directed acyclic graph, or DAG.
The DAG concept has been popularized by projects such as IOTA and HEDERA. It’s similar to blockchain, but instead of competing against each other to produce the next block on a single chain, nodes gossip with each other about network events to produce a web of messages, all linked through cryptographic hashes. With the release of the new consensus algorithm, IoP will have completed its basic infrastructure. We will then open up transaction confirmation and coin generation to the public, creating a true P2P economy.

You will soon be able to see a presentation by one of our core developers on this idea. I am pretty sure you find it interesting.
Unless of course you are not interested in the project project and/or it's development at all. Which is fine, I can't force you, but please at all times. Try to remain polite. We try to do the same.
And also we are trying to be so open as possible about what we do, try to do, when we succeed, when we fail and when we make changes. This is called development.