Idena - innovative way in crypto

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Avatar for Heruvim78
3 years ago

So, today i was having a look to Idena as my brother was mentioning them. 

-So, how do you do this new Proof-of-Person thing?

-They said that you must solve and provide the answers for flip-puzzles synchronously. Whatever is that.

-Do you think about some kind of advanced captcha? 

-Maybe. I downloaded their node and now it is updating. 

-Did you notice that your computer is slowing down?

-Not, not really. 

-So, you need to validate yourself only once?

-No, once per epochas participants should prolong their validation status for every new epoch.

-How many participants they got?

-At the moment they got around 17.000. I am curious to see how many will be after this month contest.

-Are they listed?

-Yes they are, i have already seen the token on coingecko website. I think they started to be listed in in February this year. 

-Did you see the node? How much do you think you can get in rewards?

-I think they mentioned this. At the current value, it is aroung 50 $ monthly. Cool, isn't it?

-Yeah, not bad. Anything else i should know about them?

-Yes, so, check their website, and download the wallet client. Let it to do the update, and to be synchronized. After that, you need to join their Telegram and ask for a validation code. Once you have it you write the invitation code on the wallet, and wait for validation. Then, this is very important, you do not do anything until the validation day. 12 hours before, you open your wallet and you leave it to synchronize. Then, you leave the wallet open until validation day, as it can be a bit slower to synchronize, and you need it ready. If it is not fully synchronized, you cannot do the validation. Then, once you know when the validation starts, (the time is on the website, you have the link https://www.idena.io) you need to solve the validation. Once you solved the validation, you can start to FLIP . You have 13 days on average to do 3 FLIPS. And when the next epoch starts, you need to repeat the FLIP process.

-Ugh, a bit complicated, it is good that you told me the step by step process. Thanks bro!

And now, i went and started the download of the wallet. What will be next, we will see. The Unknown awaits...

 

Yours truly,

G.

 

 

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3 years ago

Comments

Nice to see Rusty was here!

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3 years ago

nice post...working with the bro for inspiration! =)

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3 years ago