Tip: Press CTRL + F to find the question and answer you’re looking for on the page.
Question: What is one of the main advantages of Ice being an open-source project?
Answer: It promotes transparency and allow anyone to review the project’s code.
Question: What is the role of validators in the Ice network’s governance and operation?
Answer: Validators are tasked with maintaining the network’s security and availability.
Question: What type of bonus you receive for friends referred by you (Tier 1) and those referred by your friends (Tier 2) in the Ice project?
Answer: 25% for Tier 1 and 5% for Tier 2.
Question: What factors determine the total supply of Ice coins?
Answer: Multiple factors, including total registered users, online miners, halving events, and bonuses.
Question: How does the Ice project aim to demonstrate the value and reliability of its digital coin to gain wider acceptance?
Answer: By building trust with owners and users.
Question: How often will the BNB Smart Chain distribution occur in the Ice network?
Answer: Monthly.
Question: What is the bonus you and your Tier 1 friends receive when mining together?
Answer: 25% bonus.
Question: What blockchain technology does the Ice project use for its consensus mechanism known for its speed, security, and scalability?
Answer: Proof-of-Stake (POS).
Question: How can users earn Ice in the Ice network?
Answer: By checking in every 24 hours.
Question: What does the term “halving” refer to in the cryptocurrency industry?
Answer: The process of reducing the issuance rate of new coins.
Question: On what network will the Ice distribution take place?
Answer: BNB Smart Chain.
Question: What is the staking concept similar to?
Answer: Depositing money in the bank.
Question: What is the primary goal of the Ice Network?
Answer: To build a decentralized ecosystem.
Question: How can a user restore lost coins due to inactivity in the Ice project?
Answer: By initializing a new check-in session and choosing the resurrection option.
Question: How many times can you benefit from the resurrection option in the Ice project?
Answer: Once.
Question: What makes Ice unique in the context of crypto mining?
Answer: It allows users to mine without using their phone’s resources, data, or battery.
Question: During Phase 1 of the Ice project, how much can users increase their mining rate through pre-staking?
Answer: Up to 250%.
Question: What happens to the coins of users who become inactive in the Ice project?
Answer: They are gradually lost in the progressive slashing.
Question: When are users notified about the availability of extra bonuses in the Ice project?
Answer: Between 10:00 and 02:00.
Question: How is the Pre-Stake bonus in the Ice project rewarded to users?
Answer: By increasing their mining speed.
Question: Does mining in the Ice network require keeping the app open all the time?
Answer: No, mining doesn’t consume any phone resources.
Question: How does the Ice project encourage trust and social connections among its users?
Answer: By offering bonuses based on referrals and network activity.
Question: What information can you find on the team screen in the Ice project app?
Answer: The current check-in activity of your referrals.
Question: What distinguishes the Ice network from other mining methods?
Answer: It rewards those who actively build micro-communities.
