got an answer on their telegram. it's basically a derivative you are creating. say when you create an index fund where you, for eg, have a 25% allocation into btc, eth, ltc, xrp you actually dont own any of the underlying coins when you send COIN to their SC. There is nothing in the backend that actually connects to an exchange, buys and holds those coins. They'll effectively get some price feed from somewhere that will provide pricing for you index fund that can be used to value your portfolio and importantly how much profit or loss you make when you liquidate. You get back the difference in value in COIN. Think CFDs (contracts for difference)

just discovered this project and read the whitepaper but it's not clear to me whether the index fund I create actually holds the underlying asset (ie you have some exchange integration that buys the underlying asset/coin) or is this more a derivative (where the index fund simply tracks the underlying price of each asset/coin based on some price feed)?

why do you need a new token? couldn't you just use ETH as the currency in your solution?

only after tokens have been distributed. i have no idea when that will be

bought in with btc and no email yet despite 6 confs

Can someone drop me an invite for the slack channel?

Can this be done without jailbreaking the iphone?

How are blackbytes traded and is there a current price for them?

Having read through https://blog.bancor.network/bancor-network-token-bnt-contribution-token-creation-terms-48cc85a63812 it looks like you are adjusting down the CRR from 20% to 10%. What will you do with the unallocated 10% ETH?

If there is a hidden cap please supply a signed message that captures this information ahead of the the ICO and release to the community. Once the the ICO is over you can release the original message for verification. This should help build trust in the community of your intentions.

fyi for those interested you can sign messages with your ledger nano s wallet as well. you need to plug your xpub key into https://iancoleman.github.io/bip39/ to get the path derivation that matches the btc address you want to sign the message with. getting access to the xpub and signing the message are both accessible from the chrome app. this is how i'm linking my btc address this time around instead of sending funds like the first time i participated last round.

thanks!

how do i change the btc address linked to an existing byteball address i used in the 2nd distribution? my coins have moved to a new address i would rather just sign a message when participating in the 3rd round.

just went through that trezor link you sent and am impressed. ledger desperately needs this (pinging @btchip) capability. i might just have to get a trezor now!

message signing is still hard or not yet possible natively with hardware wallets. so there's only the option of moving all funds to the one address.

what about HD wallets that generate unique addresses each time a spend is made and you have funds scattered around many addresses?

I usually have to re-pair my phone with the hw wallet when that happens with my hw.1. No longer an issue with my nano s

how to do you handle chain reorgs with this instant checkpointing?

from memory it's the "-d" switch like "-d0" for the first gpu.

this algo is also not power hungry. seems to consume no more than 100w per r9 270.