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We haven’t set an exact date yet as there is still a lot to do in preparation. It will be in 2018 at some point. The ICO price will be above $1, more details in the whitepaper at https://jsecoin.com/whitepaper.pdf
1) This is going to be difficult because there is a approximately a 15 second delay before the mining starts working so we can wait for the page to load on slower sites and display the privacy notice.
2) It’s an issue. We have built a node module that scans blacklists and reports any that flag jsecoin servers. We are putting together a formal procedure and CRM type system where we can track communications with the anti-virus and ad blocking companies. This is going to be an ongoing effort to differentiate our system from the hidden background miners.
3) To start with I’m sure it will be 99% speculation (like every cryptocurrency right now). Long term we have these plans: https://jsecoin.com/future-use-cases/
4) Kind of explained in the article above too. Basically we want to create a cryptocurrency platform for webmasters to monetize their sites and then leverage that exposure to reach a mainstream audience. The merchant tools we will be releasing will allow for webmasters to accept payments/subscriptions in JSE creating long-term demand on the exchanges.
We should have the accounts for November published on the website before the end of the week.
We are planning an ICO and exchange listing for 2018 (no date set yet). At this time you will be able to transfer your tokens to an exchange and trade for bitcoin.
This is an issue. We are getting blocked partly because of other miners creating bad press with hidden background mining systems. The adblock plugins like nocoin I think are right to block us. If a user specifically downloads the nocoin plugin then I think it should act as a global opt-out. I think our best chance of getting removed from ad blockers general blacklists is to point out that we are working on an alternative monetization method to banner ads. Even then it’s not in their self-interests to support us. Some of the ad blocking platforms offer “pay to play” whitelisting (read ransoms on ad networks), this isn’t an option at the moment but it might become one in the future.
At the moment we are distributing a fixed amount of 1440 JSEcoin tokens per day to the publishers. This is split between all the publishers based on many things but directly correlated to how much traffic they send. Yesterday the network received over 10 million hits which is making it really competitive. Obviously if you believe the price of JSE will never go over $1 USD then there is little point in running it. Our early adopters are taking the risk that the coins might never reach a high valuation. The network is growing in popularity and mining significant amounts is going to get harder. When we list on exchange the price will be determined by the open market which will mean that hopefully as adoption increases so does demand and the exchange rate to BTC.
Looking at the stats provided I don’t think you are doing anything wrong or there’s a problem with the site. It’s just that a fixed amount of tokens are being distributed and shared between a growing publisher base.
Hi Jonas, we have restrictions in place so that you will only be making the same amount even if you log in to two different accounts on two different browsers the earnings will just be split between the two accounts. So there is no real benefit.
This was a suggestion from Nick about reducing the privacy notice to a small icon which would provide settings when clicked for speeds, opt-out etc. We would still need to display the normal notification but instead of disappearing after 15 seconds it would shrink down to a tiny (i) icon or something like adsense. Would anyone have objections to this or have examples of sites where this might cause a problem if it was shrunk down to the bottom right corner of the screen perhaps?
“Maybe consider rather than having the toolbar disappear completely have it minimize down to the size of one of those Google AdSense icons and give people browsing the site some settings when they hover over your logo or a coin icon. Let them increase or decrease the throttle of the mining. This will allow them to turn it up if they like the site, or down (or off) if they do not want their resources being tapped.”
Hi Nick, this is great advice. I really like the idea of reducing the notice to a small icon after a set period. My only concern would be that it might get in the way of some webmasters sites, especially on mobile where there’s not a lot of space. We have a thread about the privacy notice, I hope you don’t mind if I copy and paste your suggestion into and ask for webmaster feedback.
Regarding the anti-virus companies this is an ongoing battle. The technology is very polarizing and it seems people either love it or hate it. Most anti-virus and ad blocking companies approach it with a negative preconception. I just came off the phone with one representive of a company where the conversation started off as “does your site contain links to malware” and ended up with him setting up an account and asking advice on altcoin investments. I really believe if we can get people to take the time to test the platform then we have a good chance of getting white listed.
On a side note we have developed some software which we will be releasing publicly which checks a big list of adblockers/av companies for listings automatically.
Hi it’s to do with how the operating system and browser allocate CPU resources. The hash rate is dynamic based on the processing power available. Some systems provide more CPU to the browser which means the hash rate will go up. Others restrict the processing power within the browser or simply don’t have it available so the hash rate will go down. This is something outside of our control so we try to make use of the resources that are available to the application as best we can.
I’m based in the UK and that looks like a US phone number which means it’ll be the middle of the night right now so I wont call and disturb your sleep. I would guess that the referral didn’t go through because you were both on the same IP address. This is a fraud prevention measure to stop people signing up for multiple accounts to earn affiliate payouts. If you could email dave @ jsecoin . com, with the details of yours and your mothers account he will be able to look in to it and give you the exact reason.
Thanks for the suggestion. The first part is a good idea and I think that this would be a great way to create demand for JSEcoin post-ICO.
The second point I’ve done a blog post with a few options on how to split earnings between users:
Thanks again for taking the time to suggest this,
The problem with a fully decentralized system is that you would be completely open to fraud and have no central place to deal with it. How would you go about stopping someone who was putting the publisher code on hacked websites for example, or worse? I would rather do anything than open the project up to that kind of abuse. I can understand it’s very unpleasant to have an account suspended but if you aren’t doing anything wrong then this simply wont ever become a problem. Turning something very bad into a positive by donating funds to the charity account is something I am passionate about. With regards to exchanges, even fully centralized cryptocurrencies like Ripple have got listed and excelled. I think if we can integrate with a familiar technology (such as ERC20 smart contracts) that the exchanges have worked with previously then it shouldn’t be a problem.
I completely agree that decentralization is one of the keys to Bitcoins success. It seems like not a week goes by without another horror story of someone getting hacked or some scam taking millions of dollars worth of BTC/ETH etc. And it’s become far too common for thieves and scammers to get away with it, noone is policing this or doing anything to reduce the levels of crime. I don’t know if there’s even been a single conviction. This is a major hurdle in the way of mainstream adoption for Bitcoin and other cryptocurrencies, including ourselves I think.
Also I’m sure you already know the argument that Bitcoin isn’t really decentralized because it’s controlled by just a large few mining pools. I wont go into this because it gets away from the point that there are definite benefits to decentralization. What we want to do is try and build a system that has some of these benefits without the disadvantages.
If you have any thoughts on how we can achieve this I would be pleased to hear your suggestions?
Thank you for taking the time to share your opinion on this.
Hi Dido, do you have any ad-blockers or anti-virus software running? It seems like something is blocking the connection between the platform and the servers.