Token Daily

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sneg5555 Yesterday

Now shows:

YES

73.2569%

http://progpowcarbonvote.com/

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jacksonobrian 13 mins ago

Vote now shows: YES 80.6541%

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jacksonobrian Yesterday

So with this poll can I literally just move coins from wallet to wallet and vote yes? This doesn't really seem too accurate

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sandakersmann Yesterday

No.

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BatmaxPT Yesterday

for me is indifferent i voted no

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hai-one Yesterday

screw this poll

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jacksonobrian Yesterday

So checking the contract, where in the hell did they get their numbers, none of the accounts add up to whats stated

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freeworldfucker Yesterday

This is maybe 0.01% of coin holders... your poll is a joke

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sandakersmann Yesterday

My poll? https://twitter.com/hudsonjameson/status/1095430135891804166

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je-reddit Yesterday

Not sure what is good for ethereum, if we vote for progpow we get more decentralization in ethereum 1.0 but take the risk of some high resistance for switching to POS.

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cosminstefane Yesterday

Reg your 2nd statement, its exactly the opposite. Progpow will bring back already ROId gpus. New ASICs for ethash will resist to POS as not ROId.

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latchkey Yesterday

It’ll just be the vote of the whales now. Miners are not holders as they have to pay power bills. Especially in this down market. Miners are the ones keeping the network secure. Holders need security and without that, their held value is worthless. Such a chicken/egg problem.

The best thing will be for ProgPoW to have independent analysis to determine if it is sound technology or not. No poll or vote can answer that most important question.‬

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sandakersmann Yesterday

Holders do not want ProgPoW. Miners are just serving coin holders, so what they think is not relevant.

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latchkey Yesterday

Sorry, I think you're missing the point. Hopefully I can try to explain. There is one single person who voted no who has a massive amount of ETH (a whale). They voted no because the concept of this sort of vote is actually really questionable. All anyone needs is another single whale to vote yes. In essence, anyone with a lot of coin can influence the vote, but that doesn't mean the technology isn't sound or needed. It is really a shame this vote was created at all. It effectively serves no real purpose other than to split the community down a line that is arbitrary.  The fact is that ethash (the current PoW) has worked well for 4+ years, but chip technology has caught up and the threat of ASICs are real. If ETH wants to stay GPU centric, then something will need to change in order to ensure that. Having ASICs control the network is something that the ETH community has been fighting against since day one.  There is a major issue on the network right now. The amount of hashrate going to ETH is dropping. So much so that it lower than 51% of its all time high. This means that there is potentially enough hashrate out there to attack the network. It is an edge case, but stranger things have happened in the crypto world. With the lowered price of ETH, there is also lower profitability. When Constantinople hits, it will magnify this issue because profitability will be cut by 1/3. Unless the price goes up, there is a real risk of enough GPUs leaving the network that ASICs will be the only thing left.  PoS isn't coming to mainnet for years. It is just taking an extra ordinate amount of time to complete because it is extremely complicated and nobody wants to risk the billions of $'s of value on the network today. PoW isn't going away for years after that as they will both run in parallel. PoS is not going to magically fix everything over night, so it isn't really even part of the discussion at this point. Holders of coin should really be voting to protect their investment, not influence the vote because they feel the vote itself is invalid. ProgPoW, is the best hope at doing that right now. Assuming it passes all the technical analysis. Remember that unless someone spends another year coming up with something else, there isn't much else out there to solve the issue. Not to be dire, because we probably have 6-12 months, but time is running out and that can't be ignored. It would be irresponsible to not try to do something. 

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sandakersmann Yesterday

> There is a major issue on the network right now. The amount of hashrate going to ETH is dropping. So much so that it lower than 51% of its all time high. This means that there is potentially enough hashrate out there to attack the network. Good thing that ASICs are coming online then to protect Ethereum from 51% attacks. ASIC coins have shown to be a lot more resistant to 51% attacks.

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latchkey Yesterday

\> ASIC coins have shown to be a lot more resistant to 51% attacks. ETH hasn't had a successful 51% attack against it and it is the largest GPU coin out there. It doesn't need ASICs to protect it. In fact, ASICs would be harmful because there isn't any companies publicly making an ASIC for it right now. You can't buy any from Bitmain or Inno from their websites. Both companies are in financial troubles right now. The future of any ethash ASICs is unclear.

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sandakersmann Yesterday

Being the biggest coin in market cap is not relevant. The important thing is how much miners get paid to secure the network.

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cosminstefane Yesterday

Gnosis guy voted:

https://twitter.com/koeppelmann/status/1096017086198046722

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maxxflyer Yesterday

19 people voted NO (98% eth)

47 people voted YES (2% eth)

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sandakersmann Yesterday

Yes, so coin holders do not want ProgPoW.

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ZergShotgunAndYou Yesterday

You're cancer;not because of your opinion as to why ProgPow is harmful to eth but for the tactics you use. You are knowingly disseminating misleading or incomplete information. First,the vote is not over,second you omitted the fact that Martin Koppelmann of Gnosis just voted with two multisig wallets belonging to Gnosis and his vote accounts for the vast majority of the No camp(it his his right and prerogative to vote ofc but i still think his explanation as tho why he did it, eg:to prove that this method for signalling sentiment and gauge the community opinion is spurious and unreliable - is naive at best as we already knew that). 

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sandakersmann Yesterday

ProgPoW will never go live on Ethereum no matter how hard you flip out.

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foyamoon Yesterday

>47 coin holders do not want ProgPow

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sandakersmann Yesterday

Yes, but do they hold many coins? No they don't and that's why their opinion has less weight.

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weeeeether 2 days ago

How long will the vote be active? Couldn’t find this info on the website.

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aminok 2 days ago

Thanks, this deserves a lot of visibility.

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CommunityPoints Redditor for 5 months. 2 days ago

/u/aminok tipped 250 Donuts for this post!

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Crypto_Economist42 2 days ago

The fact that this is being downvoted is proof that someone is trying to suppress this signal for political reasons.

No rational person would oppose a signal from actual ETH token holders. (it's non binding)

I hope the mods and admin are monitoring this subreddit for fake shill accounts.

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BackOnTheBike 2 days ago

We're just tired of hearing about ProgPow.. I've listened to the arguments, and it makes no sense at this time. Just because people don't agree w/ you don't make us fake shill accounts =/

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FaceDeer 2 days ago

In my case I'm also not a fan of carbonvote in general, I consider it to be a pretty terrible way of gauging a meaningful opinion about anything. It's basically "what do a couple of anonymous whales want us to think their opinion is?"

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veoxxoev 2 days ago

It's now been pulled out of sub-zero score. (Commenting 20 hours after post submission.)

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ZergShotgunAndYou 2 days ago

Yeah it's kinda fishy especially since i didn't present it in a partisan way.i literally said just vote. And as of now the actual website is also down,probably being DDoSed. EDIT: nvm it was maintenance

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Crypto_Economist42 2 days ago

It's clear brigading. I hope the mods are monitoring the accounts downvoting.

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BackOnTheBike 2 days ago

"anyone who doesn't agree w/ me is brigading"

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Xazax310 3 days ago

And anyone who's Ether is locked into the DAI, Nexo, Compound or other? How can we vote?

The ether under the from address of the transaction will be considered a batch of ballots that support or oppose the proposal.

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Crypto_Economist42 2 days ago

Close your CDP and Withdraw your ETH and vote. (If you think this issue is more important than locking up your ETH in a collateral contract)

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jacksonobrian 2 days ago

Gas fees are crazy fucking high right now :( looked at withdrawing from compound and not digging the $0.40 cent decent processing times for the withdraw and unwrapping

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carlosHeyHeyHeey 2 hs ago

Hey hey heey

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mrktwzrd 2 hs ago

modum is not a a classical cryptocurrency nor a blockchain.. thats why it has been removed ..

however if modum will start to make profits i hope ... they eventually pay out dividends in ETH

which verywell would make this token attractive again .. till then .. good time to accumulate ? who needs binance anyhow ? am i right ??? right ?

pros:

+ actual usecase

+ working product for said usecase

+ partnerships to use / rollout said product

cons:

+ no major exchange listing it

+ might not be profitable

+ hence might not payout dividends in ETH

conpro:

+ scarcity due to lack of major exchange ?

at this stage it is one of the biggest gambles right now .. iam in .. who else ?

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iioottaa 2 hs ago

Lol I got in on the ico didn't sell at $10, what a regret. Looks like all my mod is going into cold storage in hopes of some kind of magical pump next bull market... OR it is going to 0, most likely.

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florianleber 3 hs ago

Damnit destroyed quite a bit of money with this coin. I even increased my position during the last months because i hoped for first customers during first half of this year and a potential recovery... i was too naive. The very bad interaction with the community should have been a warning sign.

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CapControl 4 hs ago

bye bye

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Isneris 4 hs ago

Where is the crypto scientist named data dash?

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stinkyfax 5 hs ago

Here we are, altcoins starting to die. I though they would die in price, not by delisting, but I guess that's only the beginning and alts more will follow.

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the_chilean 5 hs ago

I have NEVER seen a project going up again after being delisted from a big exchange. This is actual death sentence

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Iblis7 3 hs ago

I disagree regarding the death sentence. If they get their project moving it will bounce back. Give them a chance to meet their roadmap points.

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netstrong 3 hs ago

i learnt this lesson last year ..unless a miracle the fall is inevitable

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Mauroneo 6 hs ago

really feeling it for u guys.. this sucks.

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cptredbeard2 7 hs ago

Wow this is pretty shocking. So no where trades modum now ? Wonder what happens when the dividends come and the coin is worth something

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r4aaa 7 hs ago

omg nooo!!!!!!!!!! I had 30% my invest this coin!!!!!!!!!!!!!!!!!!!! What happen now?!! going 0?

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ImparatulNeast 7 hs ago

Probably not, but you can sell now and buy cheap later . it's still a top project imo

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mycryptotradeaccount 4 hs ago

No it isn't, there are a lot of competitors with a better position in the market even if we only consider the crypto world. You don't have any right to get your profit share and I'm not seeing any serious investor deciding to buy a coin with the promise of some profits one day instead of a share of a company in the same field with clients, voting rights and legal protection

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netstrong 7 hs ago

why did you do that ?

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CaptainWhitebeard 7 hs ago

RIP

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CakeDay--Bot 59 mins ago

*Hey just noticed..* It's your **3rd Cakeday** CaptainWhitebeard! ^(hug)

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cptredbeard2 7 hs ago

Nice user name

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EncouragementRobot 7 hs ago

Happy Cake Day CaptainWhitebeard! Today is your day. Dance with fairies, ride a unicorn, swim with mermaids, and chase rainbows.

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mycryptotradeaccount 8 hs ago

It's a security and to be honest it's a worse version of a share, you have a piece of the company without any legal right or voting right... Add to that there is no volume and no general interest and you'll get why this is getting delisted

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RoswellMinds 8 hs ago

Fucking nazi

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redgeokon 9 hs ago

From telegram announcements: Hi all,

Binance just announced that they intend to delist the MOD Token. Unfortunately, we were not pre-informed by Binance about this decision. Our team is in contact with Binance to fully understand their motivation. We will keep you up to date. The potential delisting from Binance does not affect the listings on other exchanges.

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netstrong 9 hs ago

Not just volume community is so badly manage ..ICO is more like community stuff. but modum behave like some private company ...we dont have enough interaction with MOD team , now its a security can we expect it in BITTREX or POLONIEX overall no sorry

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SoulripOver 7 hs ago

The Modum team has always treated the tokenholders like shit. This is more of the same once they raised money through the ico they only needed to get rid of the tokenholders they have been working on this since the beginning they hated how the token raised in value but they have achieved their mission the token is gonna be worth shit now and they are gonna buy it all in the open market once the tokens are back in their hands they are gonna promote the token value and get double rich. Switzerland Hustle.

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Ryaaaaaaaaan 5 hs ago

It's so poorly handled by Modum. As I said before, they don't have a big interest in the token value. They can sell all their tokens and never ever pay out a dividend but raise their employees salary as much as they want. This token model is completely bullshit, I just noticed too late. Check out Lykke as a comparison, you really get a stake in the company, not only dividends.

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andyrangus 4 hs ago

how can they sell all their tokens and not pay out a dividend?

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spoonce 5 hs ago

Considering they hold millions of tokens I'm pretty sure the token is meaningful to them lol

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mycryptotradeaccount 3 hs ago

They already have the company and the tokens are not necessary for them, nor do the tokens give any legal right to the holders. The tokens are just something more they have

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NCNF 10 hs ago

Shocked! Fml

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Martin1209 10 hs ago

Any ideas with respect to those points shown why? It's not the most active community but it still actually feels like a 'legit' project relative to many others out there in terms of actually doing something in their field.

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lawsy09 10 hs ago

Probably low volume

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Thesam0 9 hs ago

"When we conduct these reviews, we consider a variety of factors. Here are some that drive whether we decide to delist a digital asset: Commitment of team to project Level and quality of development activity Network / smart contract stability, Level of public communication Responsiveness to our periodic due diligence requests Evidence of unethical / fraudulent conduct Contribution to a healthy and sustainable crypto ecosystem" There's other projects with lower volume, don't think it's that.

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coreation 9 hs ago

I checked with customer support, they send 1 generic reply, pretty much what they say on their page and when I asked for what the specific reason was (Modum not fraudulent, has a working product and customers), they replied: "Sorry." Ok then, the largest exchange delists projects without a fair reason.

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lawsy09 9 hs ago

Should be interesting when we get an official statement from Modum. Cheers for the info.

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Ryaaaaaaaaan 9 hs ago

Yes, an official statement should be made!! Did Modum pay a listing fee to get listed on binance? Isn't that quite a lot? Not sure how compliant this binance listing and delisting is. I guess not at all.

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Martin1209 10 hs ago

Yeah you're probably right. It's a shame as being traded on binance was one of the big positives accessibility wise. The company can still do well, but I doubt there will be as much interest unfortunately.

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lawsy09 10 hs ago

Likely to be relisted in the future if delisting was due to volume. The team will likely get in gear now and focus more heavily on exchnage listings.

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netstrong 7 hs ago

Modum is a security token that means they cant be listed in most exchange.

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katatoniq 10 hs ago

I don't see that happening now, unfortunately. Could finally be the unregistered security issue catching up to us :(

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Martin1209 10 hs ago

That was something I did wonder about in the past but assumed it was 'sorted' if it had been listed. Perhaps not..! That or just low volume, and unfortunately as things are it's unlikely it sees anything special until general sentiment turns.

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katatoniq 10 hs ago

Only available on mercatox according to coinmarketcap - which was doing $3k in daily volume :facepalm:

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PuraSloboda 10 hs ago

In fact, the potential reasons for delisting are on the link:  * Commitment of team to project * Level and quality of development activity * Network / smart contract stability * Level of public communication * Responsiveness to our periodic due diligence requests * Evidence of unethical / fraudulent conduct * Contribution to a healthy and sustainable crypto ecosystem

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lemonncheese 1 h ago

India is awaiting majorily to screw citizens in epic style

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l6_6l 1 h ago

No disagreements there

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cyber4dude 2 hs ago

I knew it was gonna happen, that's why never switched from airtel. But rest of my family uses jio coz cheap prizez

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AStupidBloodyYank 3 hs ago

Oh cool, so India is going to hamper their growth.

I had bright hopes for India in this century, but with shit like this they are just setting themselves up to not take advantage of their full potential and condemn themselves to the problems of the past 40 years.

It's a real shame.

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TeaRoomsPutsch 5 hs ago

Someone can't take the poo in loo banter.

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Kystoph 7 hs ago

Why?

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RobeCult 10 hs ago

Why not abolish democracy as well

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Evening_Internet 10 hs ago

Yeah, it's in the pipeline.

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earthling65 11 hs ago

This is coming in the USA too. The government is fed up with the one-sided bias of the internet companies. I'm all for it. Also, why do our so-called techies not make Indian versions of whatsapp, twitter, facebook? Why are they still depending on their coolie service to their sahib bosses? Useless guys. I admire China's response.

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vaibhavshah402 7 hs ago

There has been tons of messenger apps by Indian companies. Problem is that WhatsApp was the first to the market and therefore has captured a ton of market share. Social media market is difficult to break into because people do not want to split their experience between different apps. Ask most people why they use WhatsApp and not something else, they'll tell you that their family and friends are on there. This is the problems all Indian startups faced. Also, big companies can simply throw money in marketing or even operate at a loss to gain market share. That's how Amazon did it, that's how flipkart killed it's Indian competition, that's what Jio is doing now. Startups do not have this luxury unless they are acquired or backed up a big company itself. Why do you think Flipkart sold itself to Walmart? They could not keep up with Amazon's agressive push without having a sugar daddy to fund their operations. Until the tech investment scene in India is mature, the whole "Startup India" is but a dream. Startups cannot run without good investors. And I am not just talking about money. Investors also come with expertise and knowledge of business and a finance. The way how China developed its local industry is by isolation. But not shitty Nehruvian isolation. China banned foreign companies but at the same time heavily invested and pushed for their own alternatives to make them on par with the foreign companies. The government was serious about it, unlike here in India.

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DirectionlessWander 8 hs ago

We had Kimbho.

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Priyon मालव Yesterday

Damn. Just hope they also don't introduce Social Credit system, or whatever freedom remains in this country will die.

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ThatRedScooter Yesterday

OF COURSE IT DOES. I'M NOT EVEN FUCKING SURPRISED. I CALLED IT. I FUCKING CALLED IT A 'DICTATORSHIP IN DENIAL'.

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butcherofblavakien Yesterday

Nah mate this country is too corrupt for it

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Athithi Yesterday

In the era of fake news, I’m glad to see India do the right thing. Of course, the pro-Pakistan NYT would find fault with it, but who cares.

Progressive commenters on this thread, please stop embarrassing yourself with your uneducated remarks.

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AStupidBloodyYank 3 hs ago

> In the era of fake news, I’m glad to see India do the right thing. Yeah instead of educating people in critical thinking, let's just ban wrongthink! > Of course, the pro-Pakistan NYT would find fault with it, but who cares. Imagine how crazy you have to be to think the NYT is pro-pakistan lol.

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kesarisalam Yesterday

They aren't going to do anything. Chill. We are way too reliant on non Indian services to get them banned at this point in time.

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Humidsummer14 Yesterday

NYT is the dailymail of leftism.

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Saminaminawakkawakka Yesterday

Good. Excellent move. Hope they ban reddit.

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cumfortably_dumb Yesterday

Itna hi pasand hai to China q nahi chale jaate.

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dhatura 7 hs ago

At the very least they should identify some of these anti-indian redditors like gutterfly

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Saminaminawakkawakka Yesterday

China is a hundred times less cucked. They aren't busy crying about r/China like us. They have their own domestic rivals that are much better.

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cumfortably_dumb Yesterday

Wahi to bola mein itna hi pasand hai to chale jao

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Saminaminawakkawakka Yesterday

Main jaa chuka hoon, agle janam mein wahin paida hona chahte hoon, tum jaise daliton se door 🤢

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defrndr 10 hs ago

I hope tumhara agla janam jaldi aye.

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Saminaminawakkawakka 10 hs ago

Jitni jaldi daliton se door ho sakoon, utna hi accha 🤢🤢

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DirectionlessWander 8 hs ago

Dude this isn’t bakchodi 😂😂😂

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Saminaminawakkawakka 6 hs ago

Bakchodi has more censorship than indiaspeaks now

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Critical_Finance Yesterday

Better to ban foreign political platform like twitter. Their CEO has openly told that they are left leaning. Some Indian website will come up with twitter like features.

Start with BJP politicians boycotting the website. And promote an Indian alternative.

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DirectionlessWander Yesterday

> Their CEO has openly told that they are left leaning. Really?

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Ali_Safdari Socially Retarded, Financially Incompetent Yesterday

There’s barely any Chinese style censorship here?

It’s only barely more than what the USA does itself..

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DirectionlessWander Yesterday

> Internet companies would also have to build automated screening tools to block Indians from seeing “unlawful information or content.”

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defrndr 10 hs ago

> “unlawful information or content.” Like anything anti-government or that challenges the status quo?

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Desi_Rambo 7 hs ago

No i hope not. Most likely related to law and order like sex tapes of rape victims or something anti india or fake viral propaganda that causes communal clashes or mass panic. But such laws are a slippery slope though.

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Dickwraith93_reborn Yesterday

Theek hoga

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dhatura 7 hs ago

Qyuon?

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Dickwraith93_reborn 5 hs ago

Kyun nahin?

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itisverynice Yesterday

How reliable is this news ?

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DownvoteAttractor_ Yesterday

They source government website in the article - pretty legit I say. Also, its nytimes. They aren't likely to fuck around.

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trashbait1197 8 hs ago

r/bakchodi

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Saminaminawakkawakka Yesterday

LMAO. NYT and Washington Post are trash. They have no credibility and are blatantly ignorant of reality.

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dhatura Yesterday

Ha ha, NYT - publishes fake news all the time.

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itisverynice Yesterday

Then its most likely that this will not be implemented

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ratburger08 Yesterday

Rip T-series

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budbuk Yesterday

Boycott Reliance if they cant accept a democracy.

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vdix007 Yesterday

Mukesh Ambani seems to have been inspired by Samuel Jackson's character from Kingsman.

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black-clothes-saul Sikkim Yesterday

Lol good luck getting this past the supreme court.

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cool_pemba Yesterday

This is going bad to me worsening... Can't imagine what will happen if BJP comes to power again..

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Rish83 Yesterday

Time to boycott jio

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zuchit followed by modiji Yesterday

Time for boycott jio movement

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goombastic - @goombastic Yesterday

I've said this before, software & tech companies are enabling this sort of authoritarian transition in countries and enabling the powerful to stifle voices of dissent.

It is more than likely that the connected world wide web will fraction itself off into regional entities soon enough. With things like data analytics and AI, controlling populations is even easier. The Chinese model will succeed.

In India, a Russian style klepto-plutocracy is slowly taking over. It's only natural that they would want this transition kept hidden.

snr - @snr Yesterday

On one hand, I disapprove of this with the fear of India becoming all watching and dissent suppressing like China. On the other hand, India has a real national security need to know everything that goes on, thanks to its neighbor(s?).

On a parallel note of "foreign" technology companies, I believe we will see data sovereignty being a fundamental right/resource of nations (like natural resources) as a means to fairly redistribute internet technology generated wealth.

dmode - @dmode Yesterday

Elect fascists, get fascism. Indian governments are always flirting with complete authoritarianism and are always eager to randomly ban things (e.g., any mention of Gandhi in a negative light, smoking in movies and tvs). Not a surprise that the nationalistic fervor whipped up my Modi's government provides a perfect moment to push these desires further. Watch how the public lines up behind this and unwittingly censor themselves in the name of religious protections and nationalistic sentiment. Also fascinating how Mukesh Ambani is shilling for this law to convert Reliance Jio to an Indian Tencent. Amazing how fascists and monopolists are always in bed.

sssk - @sssk Yesterday

How is it different from this, for instance? https://www.bloomberg.com/opinion/articles/2019-02-14/regula...

surferbayarea - @surferbayarea Yesterday

The US would have gone down the same route if WhatsApp or Instagram had happened to be acquired by a Chinese company (and hence under control of Chinese govt). Having your citizens data and communication under control of a foreign government is not something any government would be ok with in the long term. It will be interesting to see the reaction of the US government(and of Silicon Valley) when the next TikTok becomes the major communication tool in the US.

forkLding - @forkLding Yesterday

Fake news does need to be tackled, people in India have been lynched. Although the article tries to make the deathes seem lighter than it is, it can always happen again. It's either this or actually verifiable news with legitimate sources can only be posted.

filereaper - @filereaper Yesterday

Seems to be a trend with multiple countries now, there was an article about Russia "unplugging" recently. More nails in the coffin of a borderless internet.

ronsor - @ronsor Yesterday

can India really afford to do this? what about the economic effects?

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