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/biz/ - Business & Finance


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File: 300 KB, 997x1038, D48A540A-D12D-4A61-AFDB-951D297ED3E8.jpg [View same] [iqdb] [saucenao] [google]
17588269 No.17588269[DELETED]  [Reply] [Original]

Idena is a novel way to formalize people on the blockchain. It does not collect or store personally identifiable information. Idena proves the humanness and uniqueness of its participants by running an AI-hard Turing test at the same time for everyone around the globe.

The Idena blockchain is driven by proof-of-person consensus: Every node is linked to a cryptoidentity, one single person with equal voting power.

>https://idena.io

Trade DNA on qTrade. Max $4k/day withdrawals w/o KYC:
>https://qtrade.io

Mcap:
>http://rioda.org/idena

Roadmap:
>mobile client
>onchain advertising
>sharding
>smart contracts
>oracles

>> No.17588749

bump

>> No.17589739

>>17588269
Is there any incentive to send someone an invitation (more participants = more competitors)?

>> No.17589753

>>17589739
You get 900 total DNA if the person validates on the first, second and third validation cycle. After that your receive nothing. You receive nothing if they invite someone new.

>> No.17589761

>>17589753
Also I'm pretty sure 900 DNA is what the reward is right now. Will go down when more people start getting invited

>> No.17589805

>>17589753
thanks, so idk why i cant get a fucking invite for 2 days

>> No.17589838

>>17589805
Be patient, /biz DNA friendos will get verified this epoch or the one after. I can guarantee you that I will rather give my /biz/bros an invite than give rajesh or ping lao one. They fuck up our flips

>> No.17589853

>>17589805
Post a temp email address here and I'll send you one.

>> No.17589912

>>17589853
idenanode@protonmail.com
thanks

>> No.17589943

>>17588269
PLS DELETE THIS SIR

>> No.17589947
File: 65 KB, 1000x800, 05.jpg [View same] [iqdb] [saucenao] [google]
17589947

>>17589912
Sent.

>> No.17590010

>>17589947
thanks a lot

>> No.17590020

>>17588269
enjoy your trojans and viruses

>> No.17590202

can a biz bro send me an invite?
luciano976@mail.com

>> No.17590213

>>17590020
I market buy 10k everytime you fags say this shit.

>> No.17590216

idena malware confirmed, check recent telegram messages

>> No.17590234

I'm buying some more but my eth is stuck. feelsbadman
tx succes but not showing in qtrade

>> No.17590355

>>17590234
Why u do this? ETH liquidity on QTRADE is shit.

>> No.17590385

>>17590355
because i'm a retard and had some in a left over wallet. I'll send it around, thanks anon

>> No.17590572

>>17590385
Based

>> No.17590613

>>17588269
>https://idena.io

what's the point of this and what does it solve? also why the fuck is the roadmap just basic buzzwords which should be a given anyways?

>> No.17590617

>>17589761
Literally a Pyramid scheme lol. What's the average IQ of /biz/ and why is it in single digits?

>> No.17590630

>>17590617
>You get 900 total DNA if the person validates on the first, second and third validation cycle. After that your receive nothing. You receive nothing if they invite someone new.

lrn2read

>> No.17590658

>>17590613
The roadmap in OP is from here:
https://medium.com/idena/idena-community-report-current-state-and-next-steps-dce97a0e3034

>> No.17590670

>>17590658
so what problem does it solve, what does it better than ETH 1.0 or ETH 2.0?

>> No.17590768

>>17590670
https://idena.io/IdenaOnePager.pdf
https://idena.io/IdenaConceptPaper.pdf#h.vdbrc1oq19it
https://disqus.com/home/discussion/vitalik-ca/hard_problems_in_cryptocurrency_five_years_later/#comment-4701734342

>> No.17590770

>>17590670
Bro it isn’t ETH or anything, its something completely new

>> No.17591084

>>17590770
what is it

>> No.17591153

>>17590770
Its a human centric blockchain, whereas ethereum and all other blockchains have machines as nodes. This makes it completely decentralized and open for new governance systems.

>> No.17591270
File: 63 KB, 736x667, f02e10fa563f7d62143353e6168cae35.jpg [View same] [iqdb] [saucenao] [google]
17591270

>>17591153
the whole point of blockchain was to go away from human-centered trust. is this brainletism trying to bring it back to the blockchain?

>> No.17591389

if identity is not bound to any real world person (according to onepager) how do you prevent identity fraud? also, what is this "common sense" test to verify?

>> No.17591456

>>17591270
The point is to minimize trust. Humans are still behind all the mining rigs, PoS validators and so on. Idena has a new way to do sybil control.

>>17591389
>also, what is this "common sense" test to verify?
The flips. You make a short story with 4 pictures that is related to two randomly chosen words. Other participants pick the one that makes the most sense. The most popular choice is deemed to be the correct answer.

>how do you prevent identity fraud
You can kill your identity.

>> No.17591458

>>17591389
identity is tied to your address.
Good luck stealing someone else's private key faggot

>> No.17591460

jesus.. the shills dont even try to shill properly these days...

>> No.17591475

>>17591389
the tests are called "flips"
it's basically AI resistant captchas

>> No.17591489

>>17591456
>>17591458
ok thanks. may look into it. still skeptical though.

>> No.17591504

>>17591389
>>17591456
>>17591489

What the fuck is this? An actual discussion? Get off my /biz/

>> No.17591520

>>17591475
ai has a long way to go yet and we have not seen the end of it. how can you build a whole trust system based on captchas? captchas are good at stopping spam. what about monetary crimes? dont you think the hackers will step up the effort to break those captchas?

>> No.17591563

Reminder when a new coin starts being shilled intensely like this, buy it then sell it in 1 week and even you can make money off scammers before they dump. Scamcoins pretty much never dump in the 1st week of shilling on /biz/.

>> No.17591789

>>17591520
>ai has a long way to go yet and we have not seen the end of it
I agree

>monetary crimes
idk if you're trolling or if you're this big of a newfag
it's a blockchain. Hackers can't steal your money if they don't get you private key somehow

You can read more about how flips enter the equation and why they are considered safe in this medium post
https://medium.com/idena/ai-resistant-captchas-are-they-really-possible-760ac5065bae

Simplifying, it would require an AI very good at doing something AIs have always been very bad at OR an AI as intelligent as the average human (this can happen but we simply don't know if and when) to "break" the flips.

>> No.17591942
File: 257 KB, 1300x987, soldier-screaming-into-radio-during-a-desert-battle-RWG8B2.jpg [View same] [iqdb] [saucenao] [google]
17591942

ATTENTION
TO ALL IDENA FAGS
WE HAVE TO KEEP ACCUMULATING

CLOSE ALL THREADS
I REPEAT
CLOSE - ALL - THREADS

>> No.17591965

>>17591942
fucking qtrade reee

>> No.17592009

Can someone send me an invite? Been trying for days.

Temp email-

kexexix974@smlmail.net

>> No.17592065

>>17591965
It's great.

>> No.17592082

>>17592065
It is. I want to buy more without shifting price too much

>> No.17592510

>>17588269
How do i buy this without pushing up price too much?

>> No.17592570

>>17592510
submit a limit order and hope to god someone sells you a little profits from their bag. it’s how I got in a week ago

>> No.17592614

Why would someone who isn't a speculator buy the token sirs

>> No.17592687
File: 60 KB, 494x515, economics.png [View same] [iqdb] [saucenao] [google]
17592687

>>17592614
pic related is the end game

But any scenario where there is incentive to have attention from verified users could be a use-case i guess, it's a lot to think about and far away.

>> No.17593237

>>17592687
One of the best token use cases I've seen in a long time

>> No.17593268

Can you send me an invite please
piterpetitocl@gmail.com

>> No.17593339

>>17588269
Explain to me how this works. Using people to maintain transactional consensys seems really stupid. How are these individuals supposed to know which transactions are valid to include in a block? With Bitcoin you know which are valid because you have nodes with the rulesets checking transactions and header hashes going back since inception. Are people expected to know every validation rule and apply it to every transaction? Explain this.

>> No.17593377

>>17593339
What are you talking about mate? Of course the consensus rules are written in the code and the node handles that. Idena uses BFT consensus.

>> No.17593397

>>17593377
Im asking you to explain how consensus is achieved and validated on this blockchain. Answer the question with detail.

>> No.17593404

>>17593339
no it just means that chinks cant set up 50000 miners in a factory hall. Instead every person = 1 miner. You don't have to manually validate other people's transactions

>> No.17593429

>>17590213
No you don’t. It’s on one exchange and I can see the entire trading history. You ain’t buying 10k at a time. Cringe.

>> No.17593452

>>17593404
The game theory behind Bitcoin mining works. Explain the game theory behind Idena.

>> No.17593541

>>17588269
Plz delet.
Why the fuck are you shilling this already??

>> No.17593605

>>17593452
It's proof of work! Yeah, exactly like your beloved bitcoin! But you need to be validated to mine or you would buy 1000 miners and control 99% of the network
idena's vision is a fairer system

Lurk more newfag

>> No.17593622

>>17593541
It's too late anon. You should've loaded up already

>> No.17593661

>>17593605
If its proof of work why the fuck would you need to be “validated” to mine? I have lurked and not a sole can explain this consensus mechanism. So you are telling me that every 24 hours someone has to solve a quiz in order to continue using their miners. What kind of mining gpu, cpu, asic? Hashing algortithm?

>> No.17593709
File: 32 KB, 360x203, sole.png [View same] [iqdb] [saucenao] [google]
17593709

>>17593661
If you're interested, please read the FAQ

>> No.17593723

>>17593709
If your going to shill this shit 24/7 explain it.

>> No.17593734

Fuck what the fuck, delete this thread
This is still too early to be given here in a /general/ format

>> No.17593740

>>17593723
We contain ourselves to this general thread. Feel free to hide all the other threads

>> No.17593767

I’ve been trying to get an invite. Any help Frens?

gunther11388@gmail.com

>> No.17593789

>>17593734
Most people got 10k+ bags already

>> No.17593812

>>17593397
It's sortition-based BFT with a VRF. I haven't read much of the code yet but it might be similar to Algorand's. There's no technical paper covering it in detail.

>> No.17593932

Is the UBI 900 per week?

>> No.17594094

>>17593789
I only got smoll, is it 10k to make it?

>> No.17594162

Another chink scam. Any token that tries to promote itself using a fukin frog is a chinkyboy scam.

Buy Handshake.

>> No.17594179

>>17594094
I have no idea anon. I have 10k myself.
>>17594162
shoo shoo pajeet

>> No.17594860

>>17594179
Sir you have invite code?

>> No.17595333
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17595333

>>17588269
Are they still giving out mining invite codes? I asked on TG like a week ago and got nothing.

>> No.17595392

>>17588269
I will trust you pajeets and buy 1k scrap. how long until this can be serious thing?

>> No.17595485

>>17595392
Not longer than a month

>> No.17595592

>>17594162
Anon team, but they are always active during US timezone.

>> No.17595611

>>17594162
Fuck off faggot
>>17593723
Kek fuck off with your required spoonfeeding
>>17593734
Unironically this. /biz/ turns everything it touches into ash

>> No.17595776

I need an invite

gerardo.ciminiello@protonmail.com

>> No.17595905

>>17588269
If someone in this thread can give me a non-shill reason this could EVER be used. Without using words from the whitepaper, I'll dump 25 BTC into it.

>> No.17595908

>>17595776
>Gerardo

which region of india is this name common?

>> No.17595943

>>17593237
it's just BAT but shit.

>>17595611
We're asking you to explain it to see if you understand it. It's a pajeet litmus test.
I do, why don't you?

>> No.17595967

>>17595905
Because it's legitimately fairer than PoW and PoS with a much lower barrier to entry while being truly decentralized. The team has stated in the past that ETH can run on IDENA as well, which interesting considering Vitalik has taken notice of IDENA already and has indirectly shilled PoP before.

>> No.17595980

It's a way of validating identities on the blockchain without using lame kyc like Kleros or PI

>> No.17595997

>>17595980
what is stopping me from making two identities

>> No.17596019

>>17595943
>>17595905
Why do you care so much? Just hide Idena threads.
>dumping 25 btc on Idena
lmao goodluck, the volume is shit

>> No.17596099

>>17595997
Good luck with that. Flips are difficult and need to be solved at a designated time. You're usually given 2 minutes or so to do it.

>> No.17596101

>>17595908
Sono italiano, coglione

>> No.17596143

>>17596099
>2 minutes
so all I would have to do is get my average flip time down to under 1 minute and I could effectively act as two people?

>> No.17596174

>>17595997
For each identity you'd need to solve 6 flips in <2 minutes. You also need to be able to do it at least 3 epochs in a row. It's possible but they've kept making it more difficult.

>> No.17596189

Been trying to get an invite link for the past week. Those idena bro’s won’t budge. Anyways idena is gonna at least 15x from here. Just buy on qtrade for now and hopefully the bizbros will work their way into the idena community.

>> No.17596220

>>17596174
So humans solve flips at an 80% success rate.
What could tell the difference between a below-average skilled human flipper, and an AI with that same rate. Say 70%. Does it just count the slightly dumb 70% success rate users as not people?

>> No.17596254

>>17596189
In 2 weeks the bizbros will rain down their invite codes. I know i will
>>17596143
the flips are fucking bullshit. if you get a chinkflip you're fucked. also last validation my clock started from 1:45 instead of 2:00. flipping is srs business

>> No.17596293

>>17596143
Technically, but beyond that it would be next to impossible to have a 3rd identity. Plus, you have to get an invite from an established user and you do not get your own invitation to send until you go through 12 flips (2 or 3 validations based on accuracy). Also, there are people who show up for validation and fail anyway because their choices did not match the consensus. The flips are not difficult if you're not a retard. Mining about $5 a day so far.

The next validation is 03/11/2020, so if you want to try to get in on the next validation try to ask in the telegram for a code a day or two before then.

>> No.17596295

So. This is just a way to train AI to solve problems only humans are good at, with a big token incentive.

Then when the AI solves it, they get the code sent in with a hash verifying that the AI's code has not been tampered with. Guaranteeing the developers obtain the valuable AI source code that solves the problems they want it to.

Clever.

>> No.17596300

>>17596254
How does idena ensure that the flips people make are legitimate?

>> No.17596321

>>17596293
Half convinced to try and make an AI that can break this, or brute Force the results.

But that would be giving the chinks/Indians what they want. Tricking white men into coding more AI for them.

>> No.17596352
File: 465 KB, 1285x2268, abc.png [View same] [iqdb] [saucenao] [google]
17596352

>>17596300
consensus based voting
you can flag shitty flips
You can start submitting flips once you get validated ONCE. Unfortunately this means shit tier flips made by newbies will be more frequent. The community has spoken out against this. With more nodes, perhaps flipping priviledge will be for verified nodes or higher.

>> No.17596354

>>17596300
they're banking on the fact that AI isn't good at this problem. And if you want to claim the tokens and "prove" you've solved the problem, you have to send them the full source code with a hash to guarantee that's the exact code that broke it.

Securing them some AI code for some measly tokens.

>> No.17596381

>>17595905
on qtrade a market order of 25 btc would literally multiply the price by 502 bringing it to 0.0098 from 0.00001948
that is how thin the orderbook is.
the reverse is is pretty dramatic too if someone wants to dump equivalent of 25btc idena

>> No.17596389

>>17596220
>What could tell the difference between a below-average skilled human flipper, and an AI with that same rate. Say 70%.
Nothing. It only works if there is no AI that can solve them as well as a human, developing one should be very difficult. If you're a really slow human you're fucked.

>>17596300
The quality of the flips is based on the answers all identities give in the long session. If +2/3 gave the same answer, the flip is weakly qualified, strongly if +3/4. They can also be reported if they're inappropriate, require you to read text in the pictures or are unrelated to the given words in which case the flips are disqualified.

>> No.17596397

>>17596354
Yes I guess AI could win this fight within the next couple of years. We will see, like most cryptocurrency projects we're still speculating

>> No.17596398

>>17596321
Go on the idena website and do the flip challenge. I don't think it would be possible for current AI to be able to understand the abstract nature of the stories, but knock yourself out :)

>> No.17596428

>>17596354
Feel free to develop it anon. Instead of giving them the code you can just take over the network.

>> No.17596452

>>17596381
actually a dump of equivalent of only 1 BTC will literally halven the current price. feel in control yet?

>> No.17596482

>>17596398
AIs don't understand, they learn. If there's a pattern there at all, a strong enough specialized AI could find it given enough time and data.

>> No.17596509
File: 137 KB, 1280x960, chinkflip.jpg [View same] [iqdb] [saucenao] [google]
17596509

>>17596482
I'm no expert on the subject but I doubt an AI that could solve this shit is easy.

>> No.17596536

>>17596509
i actually like that one
snek>big snek>big dragon>big dragon?

>> No.17596545

>>17596428
sounds like a lot of work. And I don't know a whole lot about flips.

If I see this around more often maybe I'll try a crack at it. But as another Anon said, there's no way to tell a difference between an AI and a dumb human. Eventually you'll have to make the choice to de-person people who don't do better than supercomputers on the flips.

>> No.17596559

>>17596536
biggest dragon*

>> No.17596589

>>17596509
if you keep giving me those examples I'll eventually have a data set of solved flips to train an AI on.

Since the majority of the coins users are from /biz/ I bet you could make the answers more predictable. "snek" for example.

>> No.17596596

>>17596536
I don't know but I'd pick that one too.

>>17596545
You should read this:
https://medium.com/idena/ai-resistant-captchas-are-they-really-possible-760ac5065bae

>> No.17596610

>>17596509
I'll say this: flips seem VERY hard to train AI to solve.

But you're betting against an extremely powerful and quickly growing industry.

>> No.17596628

>>17596596
Thank you for the read. This actually answers a lot of my questions.

I'm interested at the very least.

>> No.17596635

>>17596589
They actually started encrypting the flips so you can't scrape the chain for training data. Only 2/4 of the images on flips are "public".

>> No.17596677

>>17596635
Smart

>> No.17596806

It really doesn't look like a pajeet-tier scam

>> No.17596807

>>17591489
I don't understand how flips works, and what the underlying theory is. Something about human intuition.
Very skeptical as well.

>> No.17596835

Adamantiumlink@protonmail.com

Can I get an invite

>> No.17596903

>>17596807
it's banking on the idea that AI won't pick up on the patterns we recognize in the image.
Personally I'd bet on the AI in the long term.

But AI RESISTANT (not proof) captchas can be a legitimate use case of this. 100% AI proof is difficult but resistant with a certain margin of error is reasonable.

>> No.17596967
File: 255 KB, 791x1600, idena vs buterin.jpg [View same] [iqdb] [saucenao] [google]
17596967

>>17596903

>> No.17596981

>>17596807
based retard

>> No.17597064

>>17596967
Pretty sure the rumors are true and these guys are anon eth devs. Even shilled IDENA in the Ethereum Reddit a number of months ago.

>> No.17597095

>>17597064
I guess that's some tasty speculation but who can tell really. All we know is they are active during US time.

>> No.17597177

>>17597095
They also use some parts of go-ethereum in the code so they’re familiar with its codebase.

>> No.17597283

>>17597177
lewd

>> No.17597420

>>17596967
Wouldn’t suprise if it were some OG eth devs

>> No.17597508

looking for a sir to do the needful. ghilpertu_x428c@zmat.xyz

>> No.17597658

here is what gonna happen: people will get lazy start using a service that promises to do the flips for them. for this they download a new client that uses an api call to get the resolution the service achieves this by collecting a large pool of these flips and solves them (they are no longer encrypted as they are posted) realtime.

this makes the users not have to manually solve puzzles and the whole proof of person thing absolutely moot.

>> No.17597669
File: 51 KB, 417x409, 1582420005798.jpg [View same] [iqdb] [saucenao] [google]
17597669

I trust the project. Does it make sense to buy now or mining rewards are huge? I still need an invite to start mining

gerardo.ciminiello@protonmail.com

>> No.17597955

>>17597658
What would be the incentive for that service?

>> No.17597982

>>17597669
I would say start with mining sir

>> No.17597995

>>17597669
Rewards from mining are about 40 DNA a day (I believe this will decrease as more miners join). I'd advise placing an order around 1600 sats (I bought a few days ago at 1000 so not a crazy increase so far).

>> No.17598001

>>17597658
Bro the whole point is, is that its not possible for machines to solve, so what you’re saying doesn’t make any sense pajeet

>> No.17598012

>>17597669
You can accumulate a nice bag with mining
>>17597995
do this

>> No.17598023

>>17597995
>>17598001
>>17598012
I would if I had an invite, I posted on discord

>> No.17598061

Zedja_rj@yahoo.com

Can some one send me an invite so I could try it out

>> No.17598097

>>17598023
yes it sucks, we need to establish some biz based validated members. I got validated last epoch so I need to wait for 2 more epochs. Then we can start the biz train

>> No.17598115

FYI to all asking for an invitation: Even if you get an invite rn, you won't be able to start mining until you successfully complete your first validation. Next validation is on the 11th, so try asking in the discord when that date gets close. I know there are a bunch of people with invites still.

>> No.17598142

>>17598115
Clear, thanks!

>> No.17598320

>>17597177
Damn it just keeps adding up.

>> No.17598503

It really seems legit

>> No.17598662

>>17588269
I saw this message in another tread. Probably this coin is pajeet tier
''muh AI-hard Turing test''
lol
wtf even means that lol?

>> No.17598670

>>17598662
based retard

>> No.17598684

>>17588749
>bump
pajeet tier spamming

>> No.17598695

>>17598670
>based retard
explain to this retard the buzzword please anon

>> No.17598710

>>17598695
it means that they had to implement a test that can't be solved reliably by AI as we know it (neural networks, deep learning)

>> No.17598785

>>17598662
Nice job of outing your limited IQ

>> No.17598805

>>17598662
in the 15 minutes it took you to write that pajeet-tier dumpster fire of a reply you could've scrolled through the entire Idena FAQ

>> No.17598844

>>17588269
im brainlet. mommy's electric bill is something I can't play with, what if I just want to buy???

>> No.17598860

>>17598710
>it means that they had to implement a test that can't be solved reliably by AI as we know it (neural networks, deep learning)
what is the purpose of this test? Can you do an example?

>> No.17598877

>>17598860
>what is the purpose of this test?
make sure that it is passed by a human
>>17598860
>Can you do an example?
about what, specifically?

>> No.17598885

>>17598805
>15 minutes
lol why so long?

>> No.17598888

>>17598860
https://idena.io/?view=flip_challenge#

>> No.17598898

>>17598877
>about what, specifically?
about this test. What is the purpose and how is it executed

>> No.17599019

>>17598898
https://idena.io/?view=flip_challenge#

>> No.17599199

>>17599019
what is the purpsose of formalizing identity?

>> No.17599202

>>17599199
decentralization

>> No.17599509

Stinks of stale curry in here

>> No.17600107

>>17599509
Lazy kys

>> No.17600409
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17600409

>>17595333
the fact that no one even checked these digits is a sign that /biz/ is overrun with newfag shills.

>> No.17600669

I’ve been following Idena since launch and still don’t have any.

>> No.17601318
File: 887 KB, 628x1166, voight_kampff_test.png [View same] [iqdb] [saucenao] [google]
17601318

>>17596509

>> No.17601546

>>17601318
BASED

>> No.17601992
File: 111 KB, 1074x583, 20200224_230022.jpg [View same] [iqdb] [saucenao] [google]
17601992

Can anyone explain how UBI would work like on this?

>> No.17602035

>>17588269
Cringe. Crizbit is the real Q-Trade moon mission. If you're in profit in this, switch sides to compound your gains.

>> No.17602088

>>17602035
Cruzbit is an awful name. Needs a rebrand. That being said Qtrade is the next big thing IMO. If you're not balls deep in DNA, NYZO, VEO, CRUZ or SNOW by year end stay poor.

>> No.17602358

i want code :'(

>> No.17602495

>>17602358
Engage with the community. Easiest at the moment. Alot of competition for invites right now.

>> No.17602538 [DELETED] 

>>17596509
>I'm no expert on the subject but I doubt an AI that could solve this shit is easy.
low iq here
I solve that puzzle snd then? what does it happen?
I saw Shenron there

>> No.17602549

>>17596509
>I'm no expert on the subject but I doubt an AI that could solve this shit is easy.
low iq here
I solve that puzzle and then? what does it happen?
I saw Shenron there