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re: HEX (Blockchain Certificate of Deposit)

Posted on 9/15/21 at 12:19 pm to
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/15/21 at 12:19 pm to
quote:

How do you earn BTC when mining?

Staking = mining.

It’s really not that hard man.


Do you understand these terms though? Because the official HEX website its neither but a combination of the two while doing neither. Proof of wait. (soon TM)


Here is how you mint HEX. You give them ETH and they give you some HEX....

LINK /

So this is what happens. You trade some ETH for HEX. You then lock up your HEX and depending on your time period, it mints new HEX. Half goes to OA and the other half gets distributed to stakers based on their terms.

They can say its like mining but it isnt.
Posted by METAL
Member since Nov 2020
1038 posts
Posted on 9/15/21 at 12:22 pm to
Please read page 3 again in its entirety. You are confused on several points made in this post.
Posted by boomtown143
Merica
Member since May 2019
6696 posts
Posted on 9/15/21 at 12:23 pm to
Yeah, he’s lost.
This post was edited on 9/15/21 at 12:24 pm
Posted by boomtown143
Merica
Member since May 2019
6696 posts
Posted on 9/15/21 at 12:24 pm to
quote:

Half goes to OA and the other half gets distributed to stakers based on their terms.


Yeah dude, not even close
This post was edited on 9/15/21 at 12:27 pm
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/15/21 at 12:27 pm to
quote:

Yeah dude, not even close


Link?

Here is their so called white paper. Please point me in the right direction. Ive read it.

LINK
This post was edited on 9/15/21 at 12:28 pm
Posted by METAL
Member since Nov 2020
1038 posts
Posted on 9/15/21 at 12:28 pm to
You got a link for your claim?
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/15/21 at 12:28 pm to
Yea just posted it.
Posted by FnTigers
Member since Sep 2021
1425 posts
Posted on 9/15/21 at 12:29 pm to
The only new coins being in Hex go to the Stakers. Those coins are minted at maturity of your stake. No knew coins go to the OA. Half EES do.
Posted by lsu777
Lake Charles
Member since Jan 2004
31041 posts
Posted on 9/15/21 at 12:30 pm to
quote:

When you mine, you get paid in BTC, then you SELL it if you want. (Same thing for hex but replace mining with staking).

It’s really not that hard man.


bro its nothing like hex. i have asked you these same questions for a almost 6 months now.

staking is not mining. mining is actually solving the math question to release new bitcoin. Bitcoin has a finite amount. It is used for many purposes and essentially is a currency.

i get other tikens and what they are for etc. but wtf are they developing the hex blockchain for?

just seems like a pyramid scheme. but in the end i am all about something you can make money on, which i think hex is fine for that, but i still dont get any of its purpose unless you are saying its just another currency and its own blockchain. in that case...wtf ever, essentially useless other than short term plays imo.
Posted by METAL
Member since Nov 2020
1038 posts
Posted on 9/15/21 at 12:31 pm to
The specific page or verbiage. Not a link to the entire textbook.
Posted by FnTigers
Member since Sep 2021
1425 posts
Posted on 9/15/21 at 12:34 pm to
No such thing as a hex blockchain. Have no idea where you got that from.
Posted by Chuckiee
Member since Jan 2007
2499 posts
Posted on 9/15/21 at 12:36 pm to
quote:

el Gaucho


You think RH is faking us out because he doesn’t take medicine for his skin? Stay out of the thread if you aren’t going to bring anything of value. You get a hard on talking anything negative about crypto. It’s played out
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/15/21 at 12:36 pm to
quote:

The specific page or verbiage. Not a link to the entire textbook.


You should know its the HEX white paper. You asked for my source. Thats it.

Posted by boomtown143
Merica
Member since May 2019
6696 posts
Posted on 9/15/21 at 12:39 pm to
quote:

You should know its the HEX white paper. You asked for my source. Thats it.


No doubt he’s trolling. No doubt.

You linked a page that says nothing like what you said.
This post was edited on 9/15/21 at 12:40 pm
Posted by boomtown143
Merica
Member since May 2019
6696 posts
Posted on 9/15/21 at 12:42 pm to
quote:

get other tikens and what they are for etc. but wtf are they developing the hex blockchain for?


Yeah dude. I see why you don’t understand. It’s not even a blockchain
Posted by FnTigers
Member since Sep 2021
1425 posts
Posted on 9/15/21 at 12:45 pm to
quote:

JayDeerTay84
Baw, don't let me find out you buying Llamas!

Anything about HEX that you like?
This post was edited on 9/15/21 at 12:55 pm
Posted by METAL
Member since Nov 2020
1038 posts
Posted on 9/15/21 at 1:00 pm to
You read it then made a claim. Prove it.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80770 posts
Posted on 9/15/21 at 1:04 pm to
quote:

I came here for legitimate questions. I’m not trying to tear anyone down but this thread just looks like people wanted to fight over HEX.
My response to you was more pointing out that there are other investments out there that cannot purchase tangible items too so why would HEX (or any other coin) need to be able to be spent to have value. I own zero HEX FWIW so I'm not picking a fight defending it.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 9/15/21 at 1:04 pm to
quote:

Baw, don't let me find out you buying Llamas!

Anything about HEX that you like?


Here is what I do.

I mine ETH and convert it all to BTC.

I do some farming on BSC (pancakeswap).

I have 5-6 tokens I rotate in for trading: ADA, SOL, VET, MATIC, Aave.

The Idea of Hex sounds great but I dont think I can get over the OA address and Richards answers to that.

I 100% understand I am invested in projects with risks and no crypto I am in is perfect, expect BTC of course!
Posted by dagrippa
Saigon
Member since Nov 2004
11292 posts
Posted on 9/15/21 at 1:25 pm to
quote:

They can say its like mining but it isnt.


I agree. I think Richard is an artist personally. This whole thing he's created is art.

LINK
This post was edited on 9/15/21 at 1:39 pm
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