Too many trading pairs for a start, I love it. 1. we will start with 6-7 trading pairs initially, and increase more gradually
yes, LOBS should always be considered as one of basic pairs in LOBSTEX. 2. Yes. Lobs will be base currency after enough liquidity
Do the process take months to finish? 3. Base Pairs- BTC and ETH, will add USD when we will get license
4. Fiat trading will be integrated at later stage
The process will take a quarter or half year for fiat trading, but we have integrated full KYC in exchange initially so as not to move to other platforms for fiat trading like binance or other exchanges. From the initial day we will be fully KYC compliant to integrate Fiat trading as soon as license approval is received. |
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Yes, we have future plans to have LOBS as base currency, but for that it has to be highly liquid and we are working in that aspect.
How many trading pairs are avalilable on LOBStex at its beginning? Besides, BTC, LOBS pairs, which ones will be appeared on LOBStex at the launch day? Any fiat trading pairs for LOBStex? 1. we will start with 6-7 trading pairs initially, and increase more gradually 2. Yes. Lobs will be base currency after enough liquidity 3. Base Pairs- BTC and ETH, will add USD when we will get license 4. Fiat trading will be integrated at later stage |
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Lobs Exchange will be released next three days.
Will it can actually help the Lobstex price in the coming weeks, and might for long period later that launch day.
The temporary price of Lobstex is too low, and total volume has been nearly zero.
Yes, we are trying to get the use case for LOBS; XLobs and Kointel Are you planning to make a voting for Lobs for listing on XLobs? For example, 1 vote = 1 Lobs  That would be a good idea. And it would be nice to make a exchange pairs LOBS/{COIN} Yes, we have future plans to have LOBS as base currency, but for that it has to be highly liquid and we are working in that aspect. |
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Lobs Exchange will be released next three days.
Will it can actually help the Lobstex price in the coming weeks, and might for long period later that launch day.
The temporary price of Lobstex is too low, and total volume has been nearly zero.
Yes, we are trying to get the use case for LOBS; XLobs and Kointel |
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Please DO NOT register before Feb 18, 2019 on XLobs.org
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Lobstex has come a long way in last few months and what we had promised to provide LOBS as a perfect use case is being derived from the XLobs Exchange. We are happy to announce that we will launch XLobs next week with BTC pairs. In future we will strive for a USD pair (depending on License). We have kept security as the main concern so we will go for both Hot and Cold wallets with KYC. More features will be announced in coming days. Thanks for the patience... |
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are we going to have softwork because of 51% staking vulnerability? Can't join discord channel. Please share update here in the thread
Yes, we will release new wallet soon. Discord Link: https://discord.gg/pdUX3Uh |
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Lot of news coming for Lobstex in these days!  After kointel testing, i read in Telegram that the new exchange is almost ready! Good job! (people dumping lobs and unlocking their masternodes will regret when this coin will go to the moon and they will never afford again the cost of setting up a MN) I also read about a voting about a possible modification of the rewards percentage (PoS/MN) When/where can we vote? PS: In the future we will be voting about budgetary tasks using the Masternode command mnbudget vote? I have a MN running but i never used the voting commands, can somebody explain how it works exactly? I just read on the whitepaper about the commands mnbudget show and mnbudget vote, tried in the console gives me this: Vote or show current budgets
This command is depreciated, please see individual command documentation for future reference
Available commands:
prepare - Prepare proposal for network by signing and creating tx
submit - Submit proposal for network
vote-many - Vote on a Lobstex initiative
vote-alias - Vote on a Lobstex initiative
vote - Vote on a Lobstex initiative/budget
getvotes - Show current masternode budgets
getinfo - Show current masternode budgets
show - Show all budgets
projection - Show the projection of which proposals will be paid the next cycle
check - Scan proposals and remove invalid
nextblock - Get next superblock for budget system so is it deprecated command? i assume will be/is replaced by other command like mnbudgetvote? mnbudgetvote "local|many|alias" "votehash" "yes|no" ( "alias" )
Vote on a budget proposal
Arguments:
1. "mode" (string, required) The voting mode. 'local' for voting directly from a masternode, 'many' for voting with a MN controller and casting the same vote for each MN, 'alias' for voting with a MN controller and casting a vote for a single MN
2. "votehash" (string, required) The vote hash for the proposal
3. "votecast" (string, required) Your vote. 'yes' to vote for the proposal, 'no' to vote against
4. "alias" (string, required for 'alias' mode) The MN alias to cast a vote for. is there a guide/how to on this? or i can write one if i can gather enough informations from you about it. This entire process is completed in the Debug Console. STEP 1 mnbudget prepare < name of proposal > < info link > < how many payments > < starting block > < payment address > < amount or payments > STEP 2 Record the hash > STEP 3 mnbudget submit < name of proposal > < info link > < how many payments > < starting block > < payment address > < amount or payments > < preparation hash > STEP 4 mnbudget vote <proposal_hash> [yes|no] |
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kointel.com seems up and running....
Its under TESTING Phase... |
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We wish the Lobstex community a very happy and prosperous new year.....
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MERRY CHRISTMAS Community. To update you about our development, we have tested Kointel and are on track of it's development. In case of XLobs we have a ready build, but we are facing difficulties in integrating two products. The Team had decided to launch them as standalone projects. Thus we have to push our dates for Launch. We will announce the Launch date after holidays. Happy Holidays. New Year will bring the best out of Lobstex. |
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5 Days left for reward halving... Get your Masternodes...
why did the rewards go down? The rewards structure was pre defined and established since launch: 0 TO 500: 5 PER BLOCK (ANTI INSTAMINE) 501 TO 100000: 40 PER BLOCK 100001 TO 300000: 30 PER BLOCK 300001 and Above: 15 PER BLOCK |
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maybe he want to suggest to post the checksum of the zip file downloaded from github via the shell script? (downloading from the official github of lobstex seems pretty safe anyway....) and how would i know it was built from the source thats on github?) theres no assertions as well, so it could be anything inside, no? I believe it will suffice your query... Thanks for showing interest.  how? still can't see assertions/other validation for supplied binary theres also only 17 commits in last 8 months, and they mostly readme updates  🚨 sometimes insatiable appetite cannot be fulfilled... we are working on other projects too... and LOBS blockchain working smoothly...Thanks so everybody whos got on this one - fucked up) cause you guys working on other projects. wow no wonder this one's draining - with 17 commits per year) 🚨 #reported We would love to work with you, seen your work, it's outstanding... Thanks for pointing out rightly, yes the activity is low as our developers are working on exchange and wallet aggregator, but for Lobstex, we extend a hand of cooperation... |
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maybe he want to suggest to post the checksum of the zip file downloaded from github via the shell script? (downloading from the official github of lobstex seems pretty safe anyway....) and how would i know it was built from the source thats on github?) theres no assertions as well, so it could be anything inside, no? I believe it will suffice your query... Thanks for showing interest. how? still can't see assertions/other validation for supplied binary theres also only 17 commits in last 8 months, and they mostly readme updates 🚨 sometimes insatiable appetite cannot be fulfilled... we are working on other projects too... and LOBS blockchain working smoothly...Thanks |
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maybe he want to suggest to post the checksum of the zip file downloaded from github via the shell script? (downloading from the official github of lobstex seems pretty safe anyway....) and how would i know it was built from the source thats on github?) theres no assertions as well, so it could be anything inside, no? I believe it will suffice your query... Thanks for showing interest. |
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Collateral will remain same...
Good to know that Lobstex will have constant collateral over time, over different phase of its network. Recent months, there are abundant new launched masternode coins that require MN investors to buy more coins due to increases of MN collateral. I don't like the sort of MNs. We cannot compare ourselves with other MN coins, but we will stick to our specifications.... |
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Looking at the lobstex_install.sh can you explain why this nodes are added to the lobstex.conf for the MN ?
#Addnodes
addnode=45.63.94.181:14146
addnode=18.191.8.179:14146
addnode=120.27.12.209:14146
addnode=121.63.252.174:54422
addnode=107.181.176.99:50194
addnode=144.202.106.254:14146
addnode=92.222.241.108:14146
addnode=139.162.252.47:14146
addnode=198.13.40.237:14146
why two of them have the port different from the standard port 14146?
Thanks for pointing out, it was a typo mistake. Added updated nodes... |
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5 Days left for reward halving... Get your Masternodes... |
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