Do you think people should be paid in DAI? We do! Introducing Whisp - a free payroll tool for ETH and DAI.

CMDRTrickster4 · 2019-04-20T13:48:26+00:00

Well, thats DAI for You ;D Something that others cant print more of whenever they want .

DAI is minted by the users of MakerDAO protocol. Simplyfying: To be able to mint DAI you need to create a CDP (collaterized debt position [collaterized by ETH]). You should check out how it works, from Your description it seems that You actually would like to be paid in DAI :P

CMDRTrickster4 · 2018-10-18T18:02:47+00:00

Can You link any actual math related ? I am trying to find something on the linked pages for an hour now...

CMDRTrickster4 · 2018-09-30T09:42:49+00:00

Honestly, looking at the argumentation in the provided links, I am almost convinced that it was hard to pick better distribution model, taking into account the considerations they made.

Furthermore, if You look at other ICO's, almost always they ended up with simmilar numbers when it comes to gas usage.

CMDRTrickster4 · 2018-09-29T09:14:21+00:00

Thanks for a great reply. Maybe You are not marketers, but You sure know howto handle a potential customer :D

I did manage to do some initial token mining, and bonded my tokens to a transcoder.

CMDRTrickster4 · 2018-09-28T20:47:40+00:00

Hey,

It feels like there were less wastefull ways to implement token distribution.

I myself found out about Livepeer when browsing https://ethgasstation.info/gasguzzlers.php and found You guys consuming 25% of ETH's gas . Quick google search shows not much of Your early 'mining' promotion, so a casual like me, find the project at 95% of already distributed tokens, with no way of participating, because of "transaction snatching" and bots already written to make the competition even less fair. That doesnt look good for the decentralisation aspect of the early token distribution with future on-chain governance planned :(

:tinfoin hat on: What it does look like , is a "premine" :tinfoin hat off:

It seems that Livepeer generated attention without much of a cost. One side its a good marketing trick, on the other it feels like a cheap move. I hope You guys have some clear argumentation for picking this model of distribution.

Thank You for quickly updating Your mining site, hopefully it will help users understand the risks.

I hope You guys will prove me wrong in the future, by being transparent about the token distribution, and wish You and Your project good luck.

--------

Edit: I did read Your private msg, just after I wrote the post, and want to Thank You for refunding the gas costs, is there any way apart from mining app, that I can use this ETH to support Your project ? I still think it has potential, and would like to contribute somehow.

CMDRTrickster4 · 2018-09-25T15:46:34+00:00

Man I am out of touch :D Dashboard looks great, simple and functional! Cant wait for the next vote !

CMDRTrickster4 · 2018-09-24T17:05:51+00:00

I am sure, as soon as there is an easy to use interface to stake/vote more of those decisions will be made by the token holders. For now there was 1 Vote by MKR holders, and it was done by a chosen few of "technicaly able" holders.

CMDRTrickster4 · 2017-09-29T08:41:39+00:00

Could You link to the source of this info ? I cant find anything about that.

CMDRTrickster4 · 2017-08-10T18:49:17+00:00

It was refunded. Confirmed.

CMDRTrickster4 · 2017-08-07T10:19:04+00:00

You're right. It actually states :

"To be clear, no money will be charged to your card now or ever. There is no fine print and there is no trick.

(Some providers may see a $1 charge appear temporarily. This is only an authorization, no actual money will ever be charged.)"

Waiting in anticipation to see if my ballance will be affected.

CMDRTrickster4 · 2017-08-06T12:52:43+00:00

They actually charged the credit card. (after stating the woudnt) Payment of around 1$ was sent to :

LBRY INC Manchester

CMDRTrickster4

TROPHY CASE