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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18192674 No.18192674 [Reply] [Original]

The most important project since Chainlink, but I would argue it's even bigger than that. Decentralized identity was probably one of the most important things left to solve and they did that along with being first mover with regards to cryptoUBI. This is one good exchange away from being $5+.

>> No.18192711

It has a good logo so it will bring it retards despite probably being a scam

just like chainlink

I'm all in

>> No.18192738

Thete isnt enough advertising revenue to cover all of the neets.
Even BAT has a more sustainabke tokenomics.

>> No.18192790

>So what does it do?
>It solves the proof of humanity problem it's awesome!
>Oh cool how does it to that?
>It makes the user solve a puzzle

>> No.18192859

>>18192790
AI resistant puzzle, the coin is novel in other ways, with UBI just being one example

>> No.18192885

You know what woukd be cool
if you coukd pay taxes with it
Now that would be something

>> No.18192893

>>18192674
someone fukn give me an invite code now or else.

i speak english.

I can comprehend stories so as to be able to complete the flips.

i can run the node 24/7.

I even reddit spaced this for your convience.

thank you bro's.

>> No.18192896
File: 111 KB, 1074x583, 20200224_230022.jpg [View same] [iqdb] [saucenao] [google]
18192896

>>18192738
>He thinks this is just limited to advertising.

Stay poor Ranesh.

>> No.18192942

>>18192896
yeah cool story bros
Eth killer #46787
The fact of the matter is that the way they make money is via advertising

>> No.18192977

>>18192942
>muh revenue
It doesn't matter lmao. You really don't know anything if you think this is your average mETH-killer.

>> No.18192986
File: 66 KB, 367x310, neon.png [View same] [iqdb] [saucenao] [google]
18192986

>>18192790
Human created flips, where you have to vote with consensus (short session of 2 only mins UTC time) and a long session with 20+ flips where you can report based on keywords/how pajeet they are
The more you epochs you last the more likely you are to be real (the days between each epoch changes, but time stays the same)

>> No.18192995

someone remember to save an invite for me, i dont need one today. i appreciate it ahead of time.

>> No.18193021

>>18192942
It’s not even an eth killer, it’s totally novel and unique. It can run alongside ethereum the same way ethereum worked alongside bitcoin. It’s not even trying to be an eth killer faggot

>> No.18193046

>>18193021
okay then explain to me what idena can do that ethereum cant

>> No.18193067

>>18192711
pajeets like you can't even get an invite

>> No.18193101

>>18192893
Post email.

>> No.18193129

>>18193046
sybil resistant as it doesn’t use PoW or PoS, so sheer wealth or electricity can’t favor someone with significantly more power than other people. as a consequence, sybil attacks will be nigh impossible since validated nodes all earn virtually the same rewards and will be randomly sharded into different groups (that’s on the roadmap)

>> No.18193144

>>18193046
read the manifesto and pitch deck on idena.io, the former is succinct

>> No.18193148
File: 195 KB, 1064x568, cybertruck.png [View same] [iqdb] [saucenao] [google]
18193148

>>18193046
Idena is proof of person, based on human created consensus (flips). It's meant to be truly decentralized with everyone, not at the hands of those with the most power (PoW) or the most coins (Proof of Stake)

>> No.18193224

>>18193148
>in the future people will basically earn their UBI by making memes
are we officially living in a cyberpunk world?

>> No.18193230

>>18193129
PoW is the only truly Sybil resistant mechanism in existence
you can't simply have "sheer wealth or electricity", it takes a shitton of active work to maintain a mining operation
the security mechanism of Bitcoin is economic in nature, and that's exactly the point

>> No.18193236

>>18193101
Thanks mate. Posted it in the other thread too.

0x9P9wvZ@20minutemail.it

>> No.18193250
File: 38 KB, 657x527, 1541004218197.jpg [View same] [iqdb] [saucenao] [google]
18193250

next 5 posts with idena address and screenshot of validated identity gets 5

>> No.18193269

>>18193250
I think this anon is trolling and shitting up idena threads by getting jeets to post their emails on purpose...

>> No.18193289

>>18193250
nice try anon trying to view how many DNA my address has and hack me

>> No.18193328

>>18193148
God damn this is based. Holy shit.

>> No.18193343

IDENA IS A SCAM TO MAKE CAPTCHAS FOR SOME FAGGOT PAJEETS TO RESELL TO GOOGLE THEY SELL THE RIGHT TO "MINE" THIS WORTHLESS SHIT STOP SPAMMING IT ON HERE YOU FUCKING STREET SHITTERS

>> No.18193405

>>18193236
Did you get it?

>> No.18193417

>>18193101
>>18193236

Hey boss. Had to move onto a new 20min mail. Here it is.

new0x9P9wvZ@20minutemail.it

>> No.18193430

>>18193405
Negative. Didn't come through. Try my latest email. let me know when you send it so I can let you know

>> No.18193438

>>18193230
>it takes a shitton of active work to maintain a mining operation

You do know you can employ people to maintain such an operation right? POW and POS will always be prone to centralization, you can't do that with POP. This is a truly novel consensus that is actually decentralized

>> No.18193460

>>18193430
Send. Should be coming from a trash-mail address.

>> No.18193502

>>18193460
Bizarre. Still haven't received anything

>> No.18193505

>>18193438
let me put it this way
lets say there is two coins
coin A and coin B
Coin A one person holds 9 coins the rest 1
coin B everybody owns 1 coin
Which coin is more sought after?

>> No.18193509

>>18193343
how are pajeets reselling stock photos from google? wouldn't that be illegal hm?

>> No.18193516

>>18193460
Was it to this latest 20min mail one? I had to change to a new one as 20mins elapsed.

new0x9P9wvZ@20minutemail.it

>> No.18193532
File: 162 KB, 700x730, 1585580234114.png [View same] [iqdb] [saucenao] [google]
18193532

>>18193269
>>18193289

>> No.18193533

>>18193502
Tried it again from a different email.

>> No.18193568

>>18193533
Thank you mate. Nice dubs. It came through. I'll use it now.

>> No.18193631

>>18193438
you're an absolute moron
first of all, your "truly novel consensus" has absolute zero way of reaching an actual consensus despite considerable incentives to the opposite, which is exactly what proof of work solves
secondly, while proof of stake is indeed just as retarded as whatever bullshit you've devised, the exact opposite is true for proof of work, it is in fact the ideal method to achieve decentralization, not to mention the only truly Sybil resistant way to secure the network and make it Byzantine fault tolerant
>You do know you can employ people to maintain such an operation right?
don't make me fucking laugh
stay in your basement, idiot

>> No.18193645
File: 180 KB, 481x404, idenazone.png [View same] [iqdb] [saucenao] [google]
18193645

>>18193505
What's your point? The users who start mining at the beginning mine the most coins (there is an exchange so users can accumulate more or sell for less)
The longer validations go on, less coins are mined by each person, making them rarer.

>> No.18193658

>>18193533
So I set a alarm for the next validation sesson my time. I can't do anything until then I take it.

>> No.18193764

>>18193658
Nope. You *might* be able to mine, but I don't think that's the case (I got an invite right before a validation session, so I didn't have time to try.

>> No.18193864

>>18193764
Right. On my end it looks like I am unable to do anything but wait until the next validation session in april. No dramas though, i set an alarm to sync up and complete the session - then I am able to mine.

Thanks again anon for the invitation. Best of luck into the future :)

>> No.18194051

Glad to see anons finally dishing out the invites. Great prosperity awaits us frens.

>> No.18194084 [DELETED] 
File: 1.26 MB, 400x225, 1563456038518.gif [View same] [iqdb] [saucenao] [google]
18194084

>>18193250
nobody?

>> No.18194441

>>18193438
what if a ceo of a gigacorp forces his employees to solve captchas dor his nodes?

>> No.18194757

>>18194441
They would be sharded and separated eventually anyways.
>CEO forcing employees company wide to solve flips
Is this the best dystopia? If it came to the point where someone/something went to the trouble to take control of majority of network power regardless of sharding, DNA will be really fucking expensive lel

>> No.18195222

>>18192896
what is a statless smart contract?

>> No.18195255

>>18193021
>It’s not even an eth killer, it’s totally novel and unique. It can run alongside ethereum the same way ethereum worked alongside bitcoin. It’s not even trying to be an eth killer faggot
>>18193021
>can run alongside ethereum
what is the point of running alongside ethereum when they are scalable?

>> No.18195271

>>18193129
>since validated nodes all earn virtually the same rewards
how to be a validated node?

>> No.18195289

>>18193129
>rewards and will be randomly sharded into different groups
why does the reward need to be sharded?

>> No.18195750 [DELETED] 
File: 126 KB, 480x1404, 66c.jpg [View same] [iqdb] [saucenao] [google]
18195750

set up a node on an vps yesterday. created some flips. but missed out on the invites today.

someone can send me an invite?
would be much appreciated. pic in the spirit of flips kinda related
mllerknut@yahoo.com

>> No.18196028

>>18192674
Sorry ranjeet, your Discord hobby dev coin is going down. If you want a "what if" 100x, buy Zuckbucks or something. Otherwise, stick to chad shit that hasn't mooned like Nervos.

>> No.18196061

>>18192738
That's true, I would think it'd be useful for sending messages possibly, I'm sure there's other identity base dused cases.

>> No.18196118

What do i have to do to get an invite ffs? I keep missing the invite drops bc of work and now that i have a day off you ppl only send stuff to verified members? what does a nigga have to do to get verified? /biz/ is the only social media im using

>> No.18196135

>>18196118j
join social media my bros

>> No.18196190

>>18196135
I have accounts on twatter and tg but cba to waste more time. 4chan is already eating enough of my time. I'm also going through the archive and spme anons say that there are people on tg who send invalid codes. Is there anyway to get verified through /biz/ alone? I'll be a good boy, i swear

>> No.18196254

>>18195289
not the rewards, just the nodes. and to prevent 51% attacks

>> No.18196270

>>18196190
No, that's weird.

>> No.18196276

>>18196190
idena discord invite-requests, post something personalized and unique, not “gib invite pls”. literally can be anything, just sound white and halfway interested

>> No.18196366

>>18196028
Lmao imagine buying another chink Ethereum "killer" in this market.

>> No.18196401
File: 115 KB, 500x630, big_tiddy_goth_waifu.gif [View same] [iqdb] [saucenao] [google]
18196401

Can a nigga get an invite code?

>> No.18196444

>>18196276
I will give discord a go later bc Im about to crash. I set up an account on qtrade and mayble i'll throw some $$ but can't really afford much (pls no bully, me poorfag). I'm actually kind of interested to see how this thing works. I can afford spending more time on my pc bc work is shit atm dut to the wu flu lockdowns. It's understandable why people are hesitant with handing out invites, even on /biz/ but i guess i'm just a bit butthurt I'm missing all the action when i'm at work when I can't post.

>> No.18196473

>>18196444
that’s your best shot then fren

>> No.18196690

>>18196473
I ma have to but i fking hate discord and i don't trust the invites from there as I wouldn't trust tg invited. Idk its already sunrise here and i'm too tired. I'm still reading the archived threads and don't want to exhaust my already justed savings by buying. I wanted to get involved since i learned the team is supposed to consist of cypherpunks

>> No.18197107

>>18196028
How degenerate am I if I hold ZBUX, CKB, and DNA?

>> No.18198216

>>18197107
Is Zuckbux like Coinye?

>> No.18198755

>>18192674
how will they protect againt cp and gore in flips?

>> No.18199507

>>18192674
My node shows error "peers are not found". my clock is synchronized. please help thank you kind sirs.

>> No.18199641

>>18193438
And employing them is not a shitton of work? Biz is retarded

>> No.18200042

>>18192674
Two questions
The next validation says its in 10 days so do I have that much time to decide to download it then hope to get an invite to become validated
and second does the installation have any types of spyware on it? has anyone checked the file itself?

>> No.18200058

>>18192674
idena is the new scam

>> No.18200272

>>18200042
1)yes.

2) maybe

>> No.18200300
File: 19 KB, 657x527, apudisgusted.png [View same] [iqdb] [saucenao] [google]
18200300

>>18192674
>new paradigm
>it's a johnny come lately version of google captcha

>> No.18200580

>>18200042
Client source code is available with a tutorial if you want to compile it yourself, I believe if there was any maliciouss code we’d know by now
>>18194441
Recruiting a pajeet army is unsustainable, even if they manage to get an invite by larping as a white person they get BTFOd by network consensus when they inevitably submit shitty flips

>> No.18200626

barondump98@gmail.com
can i get an invite frens?

>> No.18200647

>>18192674
especially in times like this that shit is so fuckin comfy. UBI for white, based people only

>> No.18200657

>>18200042
there is no spyware, dont fall the FUD

>> No.18200744

If you submit a flip and it shows as confirmed on blockchain, and then you "delete" it, what happens?

>> No.18200745

>>18200626
Sent ;)

>> No.18200755

>>18200744
not much, it gets removed from your client

>> No.18200757

Can i get an invite already? You won't be disappointed. yanisteri4@gmail.com

>> No.18200776

>>18200755
The thing I don't understand is, someone recommended me to show my flips in channel before submitting... but then if everyone sees them, wouldn't that be bad for the tests if my flips are included in the tests?

Anyway... I'm pretty confident in my ability to make quality flips.

>> No.18200781

>>18200755
Also, how much do you get per good flip submitted?

>> No.18200803
File: 42 KB, 1125x558, idena rewards.png [View same] [iqdb] [saucenao] [google]
18200803

>>18200776
Flips made by candidates are not submitted by the blockchain and are not added in the pool for the validation session. Therefore it's ok to show them. Pic related shows my rewards.

>> No.18200814

>>18200803
submitted to the blockchain*

>> No.18200842

>>18200814
So only flips made by the "highest levels" are included? "HUman" or whatever?

OK, I'll show them in the channel then.

>> No.18200870

>>18200842
newbie, verified and human can submit them. so once you get validated with an invite code you can start participating/get rewarded from flips

>> No.18200885
File: 29 KB, 600x471, 693648BF-3331-457B-ACD5-A1D07A5816B0.jpg [View same] [iqdb] [saucenao] [google]
18200885

Y’all got any more of those invites? Tyrone biggums would suuure like one!

dbidenaxx@gmail.com

>> No.18200893
File: 465 KB, 1285x2268, Idena-Identity-Status-Flow-1[1].png [View same] [iqdb] [saucenao] [google]
18200893

>>18200870

>> No.18201106

>>18200842
It’s all in the FAQ
Anyone who verified at least once has to submit a minimum of 3 flips before the next validation. Higher status entities can create more flips.
Candidates can create flips in the client but the’re never used for validation.
https://idena.io/?view=faq
Picrel

>> No.18201251

>>18192674
Very based bump.

>> No.18201364
File: 106 KB, 585x615, 9D692F86-C2C5-42CA-91C5-6DD13525C331.jpg [View same] [iqdb] [saucenao] [google]
18201364

>> No.18201378

>>18201364
based

>> No.18201395

>>18201364
>superimpose le frog meme on logo
>>18201378
>le based

>> No.18201432

>>18201395
He's shilling idena so whatever idena-related will be "based" for him and he'll bump everything
he needs crypto UBI to buy ramens :)

>> No.18201571

>>18201432
>mine x coin
>FUD x coin
brilliant

>> No.18201683

>>18201571
Do you even know what "FUD" means?

>> No.18201710

>>18201683
It's a term for Scottish vaginas.

>> No.18201713

>>18201395
:)

>> No.18201809
File: 100 KB, 587x622, 54375B7A-EDB7-47B8-B147-A7C7A97B46B1.jpg [View same] [iqdb] [saucenao] [google]
18201809

>>18192674

>> No.18202633
File: 517 KB, 1008x1061, dn_a.png [View same] [iqdb] [saucenao] [google]
18202633

>>18201809
terrible edit, anon

>> No.18203072

>>18202633
XD

>> No.18203379

>>18192674
What the fook is that pic

>> No.18204604
File: 90 KB, 500x521, yangena.jpg [View same] [iqdb] [saucenao] [google]
18204604

>>18202633
Only edit that matters

>> No.18204746

>>18201364
>>18201809
I hope your edits quality doesn't reflect your flips quality anons

>> No.18205474
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18205474

>>18192674
Praise the Idena god for $5 soon

>> No.18206195

>>18205474
Is Idena a religion now too?

>> No.18207162

>>18205474
$1K EOY 2025

>> No.18208954

invite please
carlos.cheebs@protonmail.com
thank you anons, you've always been there for me :)

>> No.18209347
File: 5 KB, 245x134, Capture.png [View same] [iqdb] [saucenao] [google]
18209347

First one to post a good flip gets an invite.

>> No.18209360

>>18192674
scam

>> No.18209533 [DELETED] 
File: 348 KB, 489x650, flip.png [View same] [iqdb] [saucenao] [google]
18209533

>>18209347
0x5e0282bd15f102f94f840a33024ef24a0d6ca471
gipacal711@itiomail.com

>> No.18209569 [DELETED] 

>>18209533
words are Safari / Body

>> No.18209600

>>18192674
Fuck off shill the smart money is buying up COTI
https://www.youtube.com/watch?v=xzi3k3rtuQ8

>> No.18209643

>>18209600
No one will use your shitcoin faggot. Idena is the fucking future. Coti is just Pundi X for retards who like getting scammed twice.

>> No.18209671

>>18209569
sent

>> No.18209696 [DELETED] 

>>18209671
thanks

>> No.18209806

>>18192674
No idea what this is but I will bite
StefanPaluch2@protonmail.com

>> No.18209850

>>18209806
>no idea what this is but I will bite
that's not how this works anon, you'll probably wont get an invite unless you can prove you understand solving/creating flips

>> No.18210420

>>18208954
Sent ;)

>> No.18210424

>>18209806
Sent ;)