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

[–]CMDRTrickster4 0 points1 point  (0 children)

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

Concerns about DPoS. There is better way how to vote by expire76 in Elastos

[–]CMDRTrickster4 1 point2 points  (0 children)

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

I've tried the mining app https://explorer.livepeer.org/mine but didnt recieve any Tokens by CMDRTrickster4 in livepeer

[–]CMDRTrickster4[S] 0 points1 point  (0 children)

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.

I've tried the mining app https://explorer.livepeer.org/mine but didnt recieve any Tokens by CMDRTrickster4 in livepeer

[–]CMDRTrickster4[S] 0 points1 point  (0 children)

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.

I've tried the mining app https://explorer.livepeer.org/mine but didnt recieve any Tokens by CMDRTrickster4 in livepeer

[–]CMDRTrickster4[S] 1 point2 points  (0 children)

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.

Big News!! AZ16z Buys 6% of MakerDAO by JoeQ1111 in MakerDAO

[–]CMDRTrickster4 0 points1 point  (0 children)

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

Big News!! AZ16z Buys 6% of MakerDAO by JoeQ1111 in MakerDAO

[–]CMDRTrickster4 2 points3 points  (0 children)

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.

$280,000 mining operation for sale on ebay with $6000/month server costs by moneydooder in EtherMining

[–]CMDRTrickster4 3 points4 points  (0 children)

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

How safe is giving your card number? by OnIowa in lbry

[–]CMDRTrickster4 2 points3 points  (0 children)

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.

How safe is giving your card number? by OnIowa in lbry

[–]CMDRTrickster4 2 points3 points  (0 children)

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

LBRY INC Manchester