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Clickbait spam
How is research considered spam? Did you even read it? It sounds like you don't have the attention span for much besides childrens picture books. At least try to come up with some constructive criticism if you're going to be negative.
Re: [ANN][ICO][MICROVERSE.CLUB] Microverse - Decentralized autonomous society
I'm having difficulty wrapping my head around this.
It's a governing platform, but what are we governing? Just large groups of people that decide they want to participate? Or does this have bigger applications?
It's a governing platform, but what are we governing? Just large groups of people that decide they want to participate? Or does this have bigger applications?
Yes, the whole system is pretty new, its a bit difficult to grasp everything all at one time.
In terms of defining what is governed, i think we are governing ourselves. Essentially, people need to decide what organizations they want to trust themselves. We are creating a new ecosystem so that everyone can get involved.
Thanks, glad it's not just me being slow on picking things up.
What benefits would there be for a company to migrate to your system?
Re: [ANN][ICO][MICROVERSE.CLUB] Microverse - Decentralized autonomous society
Do you have any videos made that would help explain how your project works? I find it a lot easier to get my head around things with visual representations.
Re: [ANN][ICO][MICROVERSE.CLUB] Microverse - Decentralized autonomous society
I'm having difficulty wrapping my head around this.
It's a governing platform, but what are we governing? Just large groups of people that decide they want to participate? Or does this have bigger applications?
It's a governing platform, but what are we governing? Just large groups of people that decide they want to participate? Or does this have bigger applications?
Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
I have another question regarding Growth Mining. Couldn't a handful of people working very efficiently end up causing a sort of growth mining centralization?
Proof of Growth allows for people to be rewarded based on their community growth score. The 50% of the mining rewards gets randomly distributed in a form of a lottery every single block. Lets say someone has multiple accounts with large communities, they might get a high chance of winning the lottery, they never get 100% of the rewards.
Also invites are distributed randomly in a variety of ways as well.
So to answer your question, yes those with a big community may have a higher chance of rewards, but it will be extremely difficult -especially as the Merit network continues to grow the growth rewards get distributed across more wallet, limiting the return for any bad actors.
I hope that helps.
KAMO saves the day once again lol. Thanks!
Are there any communities of growth miners now? I assume they would split the lottery if they worked together?
I airdrop random Merit onto those under me who I see are active and growing. I also share free invites to those below me if they need them, and prove to be growing the community- it helps all of us so I try to promote the community sharing concept with those who are not trying to abuse the generosity .
the growth rewards are paid out per block- so they'll be .3-.6 MRT per payment - not a set amount per day or month. it's per 60 second chance of winning based on your community growth score.
So if I join under you, would you be rewarded a small amount for every person I invite?
Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
I have another question regarding Growth Mining. Couldn't a handful of people working very efficiently end up causing a sort of growth mining centralization?
Proof of Growth allows for people to be rewarded based on their community growth score. The 50% of the mining rewards gets randomly distributed in a form of a lottery every single block. Lets say someone has multiple accounts with large communities, they might get a high chance of winning the lottery, they never get 100% of the rewards.
Also invites are distributed randomly in a variety of ways as well.
So to answer your question, yes those with a big community may have a higher chance of rewards, but it will be extremely difficult -especially as the Merit network continues to grow the growth rewards get distributed across more wallet, limiting the return for any bad actors.
I hope that helps.
KAMO saves the day once again lol. Thanks!
Are there any communities of growth miners now? I assume they would split the lottery if they worked together?
Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
I have another question regarding Growth Mining. Couldn't a handful of people working very efficiently end up causing a sort of growth mining centralization?
Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
Are you just another user and not affiliated with the team? It seems like the users on this project are super engaged for some reason.
Is there some sort of rewards you're working for by being so engaged with the questions here? Or are you just genuinely that interested in it's welfare?
That's the joy of this community. There are many of us that are very engaged and do hold a true belief in the project and wish it all the success we can. The team has been very supportive in the Discord channel for as long as I have been a member and actually responds to direct questions and PM's when you have one. I've seen so many projects that they Devs are just in the channel but never truly 'available'. The first week I joined and started mining, Adil held a video chat for over an hour or two and engaged with anyone that was willing to ask a question or wanted a response about a certain feature, etc.
It seems almost bizarre to me that a project on here has a genuine following. Everyone else is just paying pennies for people to pretend to be interested.
It's very refreshing actually. I'll have to look deeper into Merit, it's much more complex than I'm used to also.
Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
Can you explain more about what Growth Mining is? I hadn't heard of it before but it seems very interesting.
Going to try to beat kamo to this answer! I'm quite new here, but my understanding goes like this:- Growth mining adds another kind of mining to the system, in addition to PoW.
- 50% is growth mining. 50% is regular mining
- Merit still has PoW mining, with CPU and GPU (cukoo cycle)
- Merit is invite only -- you need an invite-token to have an activated wallet
- The top 'growth miners' are the people who bring the most pepole into the network.
- Everything is decentralized and on the blockchain -- not a central rewards program
Thanks for the detailed explanation, it's really helpful.
Is there like a leaderboard or something showing who the top growth miners are?
Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
What is the purpose of the invites? I'm assuming you're only handing them out freely because the project is still new and needs more users?
Purpose of invites is to improve your community growth score (apart from bringing more people into Merit 
). That increases your chances at getting more growth rewards in MRT (the Merit Coin) and INV (the Invite Token)Is there a determined amount of growth rewards per invite?
Re: [ANN] [XTV] Centive - Blockchain-based Incentive Network
do this project only in english language? do you have any language translation if ever?
yes! same question here. the team should be prepare to have translation about their platform if ever there's other investors who can't speak or understand english language. I'm greatly confidence in Centive project a reliable one now and I'm also interested of they will have multiple languages of their whitepaper?
Only English
Is there a reason you've decided to only allow English? Seems like you could be missing out on other big markets.
Re: 🔥🚀 [ANN] [ICO] Bitcademy Football - Decentralizing Sports Market Forever 🔥🚀
Woa.... that's great with what you present. But how do you prevent a user from creating multiple accounts? Can you explain it to me?
What would they have to gain from doing this?
Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
Good day, all!
Hello to everyone! I still need to study the whitepaper of this project. But what payments methods can I use in order to buy your tokens for holding?
Hello to everyone! I still need to study the whitepaper of this project. But what payments methods can I use in order to buy your tokens for holding?
First, you need an invite to create a wallet. Go to https://www.merit.me/get-started/#get-invite-application
Second, go to https://market.merit.me and login using your private wallet seed.
Third, buy some Merit paying with BTC.
Except you need an invite to buy them from what I understand? How does that work?
Re: [ANN] [XTV] Centive - Blockchain-based Incentive Network
Don't forget to checkout our site: https://centive.org !!! and follow our social media channels !!!
Major announcement coming soon !!!
Major announcement coming soon !!!
How soon? Tonight? I need to get in on this before the hype catches up and you get some big fish that gulp all the remaining tokens up.
Re: [ANN] [XTV] Centive - Blockchain-based Incentive Network
the only mistake was waiting so long to announce this promising project but the team are doing constant progress and updates regulary, i'm sure the price will increase soon, hodl
With the market being so low, now is a great time to get in I think. Buy low, sell high.