I agree, the project is unique. Idena will either make us rich like XRB did for others in the past or either go to zero. In the long run I mean. Either way, I like the ride..
IDENA can be much more than NANO is. NANO is just a next "digital money" IDENA is a unique way to proof your humanity and ... "digital money". Will price fallow this? No one knows but proved humanity can be huge in current internet full of capchas. Latest update:
Latest update:
Quote
Changes:
- Sign-in at third-party websites with the Idena app (see Idena blockchain explorer demo: https://scan.idena.io)
- Handling shortcut URLs for sending coins
An open format for dna:// shortcut is introduced. See more details about the Sign-in with Idena standard:
https://github.com/idena-network/idena-desktop/wiki/DNA-url
- Sign-in at third-party websites with the Idena app (see Idena blockchain explorer demo: https://scan.idena.io)
- Handling shortcut URLs for sending coins
An open format for dna:// shortcut is introduced. See more details about the Sign-in with Idena standard:
https://github.com/idena-network/idena-desktop/wiki/DNA-url
I hope for the first one where we will all make money so far just after the halving price is not good it went down by 10%, that's a huge drop just after the validation, but we still have a long way to go, but if we are going to move on we need a good exchange, the number of people coming is a good indication that we are moving.
In fact current price and awareness is enough to provide constant 15-20% per epoch network grow. It's more than enough - network is not able to grow faster. If we would see one listing after another and price pump to 1$ than we would see spam of new members that would bounce from invitation limit and leave. Current price and team attitude to exchange listing provides organic network growth and build long term fundamental value at the expense of early adopters that are not able to dump their bags because of low market depth.
In other words. Listing on binance will bring us 10 000 new members willing to join network. 2000 node network can accept max of 500-600 new members during 1 epoch. 9400 will have to wait for next validation - most likely will resign. When we will have 20 000 nodes while being listed on binance we will accept 5-6k new members - network will profit more from listing.
Other thing is that to have 20 000 nodes we need at least 0.5$ per DNA (or real use case that will make people stay) and few medium-size listings might be necessary but only when network grow is slowing down. It isn't now.
When listing will be necessary for network Andrew will be ready:
Quote
When are you going to start with listing Idena on bigger exchanges with more volume?
We are in contact with some bigger exchanges that could be interested and are ready to support our project. Any inputs from the community would be helpful here.
Can you tell us the names of exchanges in contact which could possibly list DNA?
Some of them are Tier 1, we cannot disclose the information now.
https://medium.com/idena/april-22-2020-idena-ama-transcript-cbdfc33fbbdbWe are in contact with some bigger exchanges that could be interested and are ready to support our project. Any inputs from the community would be helpful here.
Can you tell us the names of exchanges in contact which could possibly list DNA?
Some of them are Tier 1, we cannot disclose the information now.