Post
Topic
Board Announcements (Altcoins)
Re: [ANN]🚀🚀Merit🚀🚀[Proof-of-Growth][PoW]Vaults][Aliases][Escrow][No ICO]
by
mempko
on 05/09/2018, 00:39:31 UTC

Forgive me if I'm missing something, but how could you list an invite-only cryptocurrency just minutes after it was announced?

Something seems weird about this.

Can you explain a little bit more about how a user would buy MRT from your exchange, in DETAIL?

May be you do not see there Blockchain source code https://github.com/meritlabs/merit
They have option of invite-only/escrow/cancel only on web wallet but not in main blockchian, its basically not invite-only/escrow cryptocurrency, this feature only on there webwallet not in main blockchain.

It's in main blockchain, wallet needs to be beaconed before use, otherwise it's not possible to transfer Merits there.
Yes checked, means centralized system , we have delisted MRT
$ ./merit-cli keypoolrefill 500
error code: -20
error message:
Error: Wallet is not beaconed. Use referral code to beacon first.

The system is decentralized. Invites are generated and distributed in a decentralized way. They are part of the protocol, not the lightwallet. There is no central authority who has an ability to create invites. All invites are generated part of the mining process because they are a currency and transferable just like MRT is.

If you want to list MRT on your exchange, I suggest to contact the core team if you need technical help. It's certainly possible, check out the market as an example. https://market.merit.me