So dev, it will be up by tomorrow right?
It should be, remember we're just a couple people, we don't make money on this and we have real jobs. We're going to be distributing for a while so there's no advantage to getting it tomorrow or a week from now. I wouldn't skip sleep waiting. And the distribution will be the same? (200 Mrais each 5 minutes)? No, we're going to count clicks, divide up the distribution, and pay out once per day. What is maxium distribution per day? Is there going to be live stats? The amount per day will follow the distribution schedule https://github.com/clemahieu/raiblocks/wiki/Distribution-and-MiningFor now that comes out to ~475,000 Mrai per day. |
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So dev, it will be up by tomorrow right?
It should be, remember we're just a couple people, we don't make money on this and we have real jobs. We're going to be distributing for a while so there's no advantage to getting it tomorrow or a week from now. I wouldn't skip sleep waiting. And the distribution will be the same? (200 Mrais each 5 minutes)? No, we're going to count clicks, divide up the distribution, and pay out once per day. |
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So dev, it will be up by tomorrow right?
It should be, remember we're just a couple people, we don't make money on this and we have real jobs. We're going to be distributing for a while so there's no advantage to getting it tomorrow or a week from now. I wouldn't skip sleep waiting. |
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just do an ICO and get it over with  Naa |
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DEV i want to ask something..this service is about removing ads on web paid with mrai.. correct me if i'm wrong.. there is plugin on for browser or what for using that service ? thanks
RaiBlocks is generic and can be used with anything. We thought ad clearing was a good place to start because it's a new and has two things other people can't touch. Traditional payment systems can't hit it because their fees are too high, if clearing ads costs something like .1$ USD, payment places like PayPal take a .5$ fee to start with. Bitcoin can't easily hit this either because the speed is too slow for a webpage visit and working around this is more effort for both visitor and server. We don't have a plugin right now so it needs to be paid from the wallet, in the future a plugin would be the best. We thought integrating with ShapeShift lense would be good idea, perhaps with more popularity it'll be worth their time. |
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It's coming along well, it seems like it should be done Friday.
so its will be done tomorrow ? The day after. Thanks mate. And what faucet model did u choose? We're going to count up faucet hits and based on this, divide up the distribution at the end of the interval. I think we're going to start with a 1 day interval and shorten it if we can. This method has the added advantage of always keeping us on target and scaling with load. |
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It's coming along well, it seems like it should be done Friday.
so its will be done tomorrow ? The day after. |
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It's coming along well, it seems like it should be done Friday.
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I'll take a look at where we are and get an estimate.
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Colin did you deleted the auction? You could complete this one...
I think if we weren't going to continue with them, doing it as a one off would have just put a mark on the system that didn't need to be there. I know no one including myself likes the wheel to be jerked around and I hope this proposal is the last time we need to deal with addressing the distribution. |
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I'm just gonna say this. You can't prevent people from accumulating. I am interested in accumulating Mrai, I've openly stated that. No matter what you do, no matter how, I WILL find a way to accumulate it.
The reason why I think the faucet was a good way to distribute, was because it DOES NOT prevent poor people from getting in on it. Yes you will never be able to drop equally on all interested parties. But allowing anyone to get a chunk albeit small was a great idea.
As far as session clearing I thought you also block based on IP address. Perhaps blocking known IP ranges coming from AWS, etc. would work.
Now because you don't like the fact people like me are accumulating, you turn a 180 and completely remove the possibility that poor people could get in on it.
In fact with the auction you are now making it so I can accumulate a LOT of it all to myself. Heck I could hire 6 other guys and win ALL bids. And own ALL the supply. As much as I find this entertaining, I think it severely affects the trust. People don't like drastic changes in the midst of a campaign. You flip-flop, and that turns people off. This is why people like the concept of smart contracts, because you can't just change things the way you please.
I don't mind accumulating, in fact that's one of the things I have the least worry about for many of the reasons you listed. I had a technical problem of the result of maximizing accumulating by flogging the faucet which was directly generating transactions. Solving that technical issue could alleviate my issues. |
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People got interested because faucet with captcha is/was the most fair distribution ever on a coin. Of course some ppl will pay for others to solve captcha for them but that kind of stuff will always happen. The point is, the massive interest from this coin comes from the awesome features (speed, fee, dev dedication etc) AND the distribution.
Why fix something that is not broken??
Why fix something that is not broken?? - Being in a position to earn some money brings out the worst in people, it's pretty self explainatory I just hope that some better solution ends up being done, there's too much bad altcoins on the altcoin graveyard already The people in a position to earn money as in me or faucet clickers? Be a bit realistic here; what can they earn ? 0.01 -0,02 for whole day of claiming ? And on the other side you .. Do what you think it's best, it's your decision in the end, but i think you could earn a lot more placing some ads on the site than one time deals you will get with auction. Agreed, it's almost as if my motivation wasn't a cash grab but was related to technical problems of distributing through the faucet. The proposal might fix those technical issues by doing payouts in bulk. |
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People got interested because faucet with captcha is/was the most fair distribution ever on a coin. Of course some ppl will pay for others to solve captcha for them but that kind of stuff will always happen. The point is, the massive interest from this coin comes from the awesome features (speed, fee, dev dedication etc) AND the distribution.
Why fix something that is not broken??
Why fix something that is not broken?? - Being in a position to earn some money brings out the worst in people, it's pretty self explainatory I just hope that some better solution ends up being done, there's too much bad altcoins on the altcoin graveyard already The people in a position to earn money as in me or faucet clickers? |
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It's my impression or dev ruined the coin?
bid auction is innuendo for greed. so ICO seems more honest and fair. If the faucet modification plan would work and would be accepted I don't see a need for an ICO. From the start the auction plan was never about me getting money. From when I started this project the only thing I've wanted is for cryptocurrency to be successful and to fix issues with other systems that weren't being fixed. |
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The closest thing I can think of to reinstating the faucet would be this:
Rather than the faucet paying out instantly we total up all requests for the day and at the end of the day we do it in one large payout based on percentages. This would save the server load but get us back a lot of the niceness of the faucet. It would take several days to implement.
I think it would be good if you could do that, perhaps with part of the coins being distributed this way and part through some kind of sale. Do one payout daily. This is way easy to manage the server load. I would like to insist the same in the earlier days. But the dev hasn't responding to any of my posts in the past when I asked about the linux wallet build error. He simply ignored me. It will reduce the blockchain size. The build system right now is pretty difficult, I want to improve it but my time has been filled with distribution concerns. If you want to run it on Linux I recommend running it inside a VM of Ubuntu 14 LTS |
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The closest thing I can think of to reinstating the faucet would be this:
Rather than the faucet paying out instantly we total up all requests for the day and at the end of the day we do it in one large payout based on percentages. This would save the server load but get us back a lot of the niceness of the faucet. It would take several days to implement.
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I don't belive we'll see the end of today auction, sadly this system is more flawed than the faucet one (fake bids?).
There are no perfect distribution systems but i belive that selling the larger part in an ICO, airdropping a smaller part to the old BTT community and keeping the faucet up with a super-small symbolic ammount is the best compromise and has many pros.
I'm not opposed to airdropping though the immediate response will be saying I'm airdropping to myself. |
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Even if we could divide the faucet amount down there's still the situation that people who pay others to click for them will get >95% of everything that comes out of it which is why I'm very confused why this is such a popular wish.
Because some of them are naive and don't understand this problem, and the others are waiting to exploit it as you wrote  How is that materially different from people who can pay to buy them getting the majority? If you want to get some BTC for your work then I have absolutely no problem with that, but if its about fairness or amount of time required to run the faucet I really don't understand why its an issue at all. The time requirement because of people posting questions was only because it was never made clear exactly how it worked. that is the problem. How is possible to control the market if you play god of fairness. you distributed out with recaptcha and then it is freedom of ppl hold or dump. recaptcha is most fair way indeed. the coin is getting popular, and more ppl will come and collect. why dev is not raising the problem when only few ppl collecting most of coins in early days. but now? if you really need fairness, there is many other ways far better than bid auction. how can we call bid auction is fairness? if bid auction is fairness. then ICO is almost 100 times better than "bid auction" fairness. I hope i express myself well with my english. It wasn't a problem until there were hundreds of people doing it every 5 minutes and sending me email, facebook invites, BCT messages, posts, tweets, asking about the faucet and suggesting it be increased or decreased. |
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Coins always go to those who are wealthy enough to buy them. This is inevitable. The "distribution to human workers" idea was naive. Yes, maybe some percentage can go through the faucet. But more like marketing, not as a way to distribute "fairly".
On the other side longterm distribution can be a good idea. Maybe. Because nobody will feel he "missed the boat". But the price must be set as sharply rising, maybe in "investment" rounds. There should be incentives to hold now. No real coin can exist without speculation
Right, the idea on the distribution schedule was a tradeoff between not overly favoring early adopters and finishing at a defined timepoint. Maybe 4 years, 2 years, would be a better idea but blasting it all out in a couple weeks makes little sense. |
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Even if we could divide the faucet amount down there's still the situation that people who pay others to click for them will get >95% of everything that comes out of it which is why I'm very confused why this is such a popular wish.
Because some of them are naive and don't understand this problem, and the others are waiting to exploit it as you wrote Probably, some very vocal users that have posted recently private messaged me recommending I put everything on the faucet with no limit and distribute it within a week, somehow this was viewed as fair to them. |
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