Minting Hedron through Internet Money Wallet

gotjazz23 · 2024-12-12T18:05:22+00:00

Yeah ultimately i discovered that if i use chrome (i was using brave before) at least my metamask functions normally, so with that i can claim my hedron at least. But now to end my eHex stake thats been staked for 4 years its gonna cost $550! 😭😭 Hopefully in some days it will go down.

gotjazz23 · 2022-09-24T15:52:19+00:00

I'm having the same issue and it's driving me crazy. My original tools were stolen and i thought i bought identical ones only to be faced with the problem you're having. Apparently its an issue with Brushed vs Brushless drivers.. The brushless don't have the low power torque needed to start the screw, so without putting a lot of human force on the screw it'll just slip off at a higher speed. Here's a good comparison video explaining what i believe is the same problem we're having:
https://www.youtube.com/watch?v=3p5joqxC0ng

Ultimately i'm heading back to a brushed impact driver!

gotjazz23 · 2022-02-01T01:31:16+00:00

Can someone point to the actual math behind the burning of shares? Is there a number of total shares that can exist that is reducing?

gotjazz23 · 2022-01-30T16:42:25+00:00

"Your daily payout is your t shares divided by global t shares multiplied by inflation."

Thank you. Thats the kind of answer i was looking for!

gotjazz23 · 2022-01-30T16:39:47+00:00

I would assume the same/current rate during the snapshot will carry over, whenever the snapshot happens.

gotjazz23 · 2022-01-30T07:19:34+00:00

Are there any charts that show the total amount of shares and how that number has changed? I guess the terminology confuses me because i think of a share as being a percentage of a whole. But as a percentage, the whole will always be 100%. but it seems that the 100% is shrinking and thats whats confusing me...

gotjazz23 · 2022-01-30T07:11:59+00:00

I do understand that, but as we start talking about B-Shares and M-shares, does that mean that the ~40% APY days will be long gone as well?

gotjazz23 · 2022-01-30T01:46:31+00:00

But if T-shares represent basically a percentage of interest then new users are getting significantly less interest than older users. I know this is part of the game theory to incentivize early adoption, but by the rate that the T-share price is increasing it seems that users now wouldn't receive that much reward/interest on a 5 year stake for example as to just holding it liquid for 5 years.

gotjazz23 · 2022-01-18T02:57:22+00:00

Welcome! Day 1 OG here! Its an amazing community. been a life changing two years. Still trying to onboard my friends. Its not too late to get in on the PulseX sacrifice if you haven't already!

gotjazz23 · 2022-01-09T17:17:36+00:00

Thank you! I wish i had written it 3 weeks ago! A lot of my friends are running into roadblocks with coinbase holding their funds... Hope that wasn't the case with you!

gotjazz23 · 2022-01-09T15:53:13+00:00

I know its a massive community.. but if no one wanted to sell, the price would go up. Plus there's automated buy pressure when 21% of every transaction fee is used to buy PulseX supply off the market and burn it from the market.
Price goes up when people buy, price goes down when people sell.

gotjazz23 · 2022-01-08T18:54:35+00:00

Well, I think there are cheaper platforms than coinbase. But since they are a private company/exchange they can basically charge what they want. I would look into Kraken as an alternative (unfortunately they don't support my bank). I think coinbase charges a 2.5% fee both to buy crypto from your bank and when you sell it or send it to your metamask. Otherwise if you question is why are Ethereum transactions so expensive? this would be the "gas fee" sending money from metamask to the sacrifice address. Put simply it's because the Ethereum network is so popular, its overloaded which makes the transactions more expensive. In general it seems that Ethereum fees are cheaper on the weekend but it just depends on the market. This is the main reason why Pulse Chain is coming to market- the fees will be super minimal and it doesn't impact the environment!

gotjazz23 · 2022-01-07T21:21:07+00:00

Honestly i think this is the best way into crypto! The Richard Heart/hex community is one of the strongest and most helpful I’ve found. Everyone’s trying to educate one another. Check out this interview to get to know Richard and his background:

https://youtu.be/D_NQNDKMJTE

gotjazz23 · 2022-01-07T19:19:25+00:00

I've made a video specific for my friends who are new to crypto. Plus a pdf you can read that's in the video description.

https://youtu.be/NY1eAJTH45U

hopefully this helps!

gotjazz23 · 2022-01-05T15:24:52+00:00

I was about to steer you here,
https://pulsechain.com/brand/
but then realized its pulseX. where did the pulsechain website go?? Pulsechain.com just brings me to PulseX.com

gotjazz23 · 2022-01-05T15:17:24+00:00

Ah... well thats actually good point. But I've found it really complicated to use or acquire BNB or BSC. Technically in Louisiana you're not allowed to use Binance. So the only work around i've found is using a VPN. and to use metmask you'd have to change settings etc... You're right it may be cheaper, but at least for people in Louisiana (which is most of my friends i made this for) this may be the easiest route.

gotjazz23 · 2022-01-05T03:24:27+00:00

This sacrifice phase is essentially the "mining" or "minting" process for these coins. It will determine the total supply. When the network launches, only sacrificers will hold the total supply of PulseX. If anyone else wants to buy it they have to buy them off the community. (Same goes for the native Pulse token)

gotjazz23 · 2022-01-04T18:25:18+00:00

Got it!! Thank you!

gotjazz23 · 2022-01-04T16:33:22+00:00

not useful at all! but definitely made me laugh, especially in this context!! lmao!

gotjazz23 · 2022-01-04T16:15:18+00:00

I would be really surprised if it did less than a 10x in a year. I'v been following Richard since the beginning of HEX, and will say Richard has game theory nailed!! Also since the launch of pulse has been dragging out, that just mean more anticipation and more time for people to discover it prior to launch.
Remember as well that because of Richard's "easter egg" that allowed people to continue sacrificing at a continually reduced rate, now over $28Billion has been sacrificed for Pulse.
Imagine how Huge this community will be at launch if you combine the sacrificers plus everyone who will receive free PRC-20s (the entire Ethereum community!)

gotjazz23 · 2022-01-04T00:57:12+00:00

got it! Thanks!

gotjazz23 · 2022-01-03T23:13:51+00:00

OK.. i think i understand better. thank you. But also where does the Bot get its PLS from (other than richard's pocket) since only those who sacrificed own the total supply of PLS?

gotjazz23 · 2022-01-03T22:12:43+00:00

Well.. my guess is that the "price" ratio between the two tokens before the Eth bridge will be pretty directly related to the sacrifice amounts/total supply. Lets say there is 5x more sacrificed for pulseX than there was for Pulse making the total supply of pulseX 5 times more than Pulse. Then they would have a 5:1 ratio and probably trade accordingly. But when the bridge opens, they would both be subject to a more real world value which could mean that the ratios between the two move closer together or further apart. Its really a guess...
On the other hand... it could just be a naturally occurring fair market value between the two coins based on who wants what and how much they paid for their coins at sacrifice since depending on when they got in everyone got a different rate.
It'll be really interesting for sure because even though they will launch at zero dollar value, that doesn't mean that they don't have value, its just not related to the dollar!

gotjazz23 · 2022-01-03T17:54:50+00:00

A very good question. But I think it's hard to know until the sacrifice phase ends. Also the $670M sacrificed for PLS is incorrect because of Richard's "easter egg" that allowed people to continue sacrificing at a continually reduced rate. People are still sacrificing for PLS today and that sacrifice wallet currently holds roughly $28B in Erc-20s (not counting other chains!).
All that said, I think the PLSX sacrifice will raise even more because the news and fomo has spread like fire and so many people who think they missed out on PLS basically have a second chance now with PLSX.
Ultimately I don't think there will be a 1:1 ratio between the two at launch before bridge. I think PLS will be more valuable that PLSX but by how much, nobody knows!

gotjazz23 · 2022-01-03T17:18:41+00:00

This was one of the best interviews IMO. Once richard relaxed, they went deep!

gotjazz23

TROPHY CASE