I guess with masternodes you mean so called SNs (supernodes), right?
Yes, I just use the generic, age-old p2p terminology for any form of systematic recentralization, regardless of the trendy term-of-the-day for it. (... which seems to vary month-to-month anymore.) Well, I didn't like them too. Not sure if it's possible at all at this stage, but perhaps with your support, it could be possible to think it over again, and get rid of those special nodes.
I doubt it is something that would get sorted out before you guys proceed with the lite wallet launch. It isn't entirely clear to me what the XEL transition plan is from there, though.... so maybe it is something that could be done after or maybe it is something where we'd be talking about a new, distinct network. lite wallet will have "only" basic functions to redeem, receive and send XEL. fancy full client with SN, ElasticPL and such will get wrapped up later, or did i miss something?
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Guys im confused about one thing there are 5million distributed right but it was agreed to raise max coins to 100million. Who has the remaining 95million
5M was multiplied by 20, so the total number is 100M. All stakes were also multiplied by 20, so finally all holders have 20x more than initially. So, actually nothing has changed except the total number of coins. Thanks thats cleared stuff up. Its inevitable we will see some dumps at silly price too as btc has risen alot a d is due a dump so many will sell.to sell.btc and buy back after btc dump. Hope i catch it. Long term we looking good. Anyone know when litewallet is out il be waiting to buy supernodes, hope you right. and yes i agree with statement that probably 30-50% of XEL will never bee redeemed, one indicator was voting.. second indicator is how long it took for mainnet to kick in..
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so basically the concept is: instead of going thru trouble buying and paying for storing GOLD yourself.. you buy XAUR tokens and have safe and convenient way to store and redeem GOLD plus you get GOLD dividends by just holding.. does this mean XAUR token gets more valuable with time? did i get this concept right??
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want to buy some XEL
Check this out: Looks like the Elastic Lite Client is about to launch. Looking to sell 50,000 XEL @ 7000 sat. Will use a reputable escrow. i am interested @ 5000 sat
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Global graphchain project Fermat joins with decentralized democracy platform CicadaFermat, the decentralized, blockchain and graphchain-enabled open source project developing the Internet of People (IoP), today announced their partnership with Cicada, a distributed direct democracy and decentralized application platform. Launched in April 2016, Fermat is building the world’s only infrastructure with an open social graph, decentralized APIs, and direct device-to-device communication. The Internet of People is designed to make it more cost-effective for businesses to scale globally by removing unnecessary intermediaries, promising to make transactions of the future inherently less expensive and more secure. Luis Molina, Founder of Fermat said: “Fermat is above all an alliance of values, which is striving to create a more decentralized world where people’s privacy is respected and power is held accountable. It is our aim to collaborate with projects like Cicada, which share these values and furthermore support our fundamental principles of diversity and personal liberty.”
“We have a strong belief in communities and collaboration. Each of these projects takes a particular approach to analyzing the problems and focus on certain areas. By joining forces, we end up working with a more holistic approach and are able to deliver better and more comprehensive solutions. This is exactly the case with Cicada – a project which has completed a significant amount of work analyzing the issues of identity, reputation, and governance.”
“The collaboration is having a huge impact on Fermat’s analysis of our Governance 3.0 system. By integrating Cicada’s concepts into the Internet of People’s identity, reputation, and governance solutions, our platform becomes stronger, and at the same time, we ensure that Cicada will be able to use the platform to achieve their own goals. It’s a win – win collaboration.”
“Fermat and Cicada working together is a much stronger package that the sum of individual parts. Synergy happens at multiple levels, including a [....] original article:
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Txid: da20564463778ce4fd2aee6c7feb11e5689fd36b3e48b479a512096e5446dc95 (10DCR)
Reserve: V1 - 002 / 003
thanks
reserved for you thanks ups saw that bithalo was faster for 002 so changing to: V1 - 003 V2 - 003when it will be ready for delivery?
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Txid: da20564463778ce4fd2aee6c7feb11e5689fd36b3e48b479a512096e5446dc95 (10DCR)
Reserve: V1 - 003 V2 - 003 thanks
EDIT
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damnnnnn... that's awesome !!! ^April fools! LOL I know the seller. It's a cool place to surf on weekends. There are a lake, mountains and waterfalls close. That's mean ... near 45 000 DCR coins cuz 1 DCR is $10 at the moment . DCR have to increase to $50 and then this house will cost only 9000 DCR nah, price is in brasilian Dollar around 150,000$ or 15kDCR https://en.m.wikipedia.org/wiki/Brazilian_real
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@EK 250k XEL i took from test account has been deposited for masternode, i didn't had any extra XEL when transaction broadcasted. was checking transaction details and saw Error Description: Unknown transaction. error_code: 5 Confirmations: / Block: unconfirmed Height: undefined and 250k XEL are not being shown anymore in balance. they are gone! can you send me few mil XEL so i can broadcast another supernode transaction to test further, thanks XEL-K3TA-MQNB-4NHD-5GE8U
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Block 1399 bug was very nasty but is fixed in current version 1.0.1. Just update with a "git pull" and it should work again.
One more bug is already in the "to be fixed" queue (when a supernode broadcasts something in the last block before losing the SN status, and other chains are already one block ahead)
working !!! genius !! and btw i am supernode 2017-03-26 17:45:40 INFO: SupernodeMagicManager$1.run: Congrats! You are a supernode (Expiring in 20 blocks!) We do magic in the background.
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Does anyone remember the ratio of the initial XEL supply compared to a 100millions supply?
For some reason I think I remember it being x100 initial supply was 5milions, means x20 after increase
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I've read in Slack that mainnet should be launched these days. Any progress?
with latest update and supernode implementation elastic is ready to go mainnet, however it has been recommended to run it on testnet first.. what we are lacking atm is instructions how to setup supernodes and how to run it, so it's been a waiting game until EK provide us those information. then we can start testing, but frankly there is not much to test. EK did splendid job until now so after instruction is available i would recommend we start discussing when are we gonna start go mainnet. OK been lurking around src and conf files, actually it's quite easy to become supernode. you just edit ./elastic-core/conf_default/nxt-default.properties # Super Node Related Stuff # Add your passphrase to become a supernode #nxt.superNodePassphrase=test #nxt.superNodeExternalIP=127.0.0.1 #nxt.autoRenewSupernode=true nxt.connectToSupernodes=true
now just need to figure out why we are not getting past that block 1399 so we can test supernodes properly. @EK can you give us little help here? thanks
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Hi Unvoid, was the block 1399 fixed ?
i can't pass that block with both dedi servers ! i guess not.
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I've read in Slack that mainnet should be launched these days. Any progress?
with latest update and supernode implementation elastic is ready to go mainnet, however it has been recommended to run it on testnet first.. what we are lacking atm is instructions how to setup supernodes and how to run it, so it's been a waiting game until EK provide us those information. then we can start testing, but frankly there is not much to test. EK did splendid job until now so after instruction is available i would recommend we start discussing when are we gonna start go mainnet.
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Update: IoP Full NodesIoP Full Nodes are a set of components of the Internet of People infrastructure packaged together and run by the Fermat community. As of today, an IoP Full Node contains 4 components: 1. IoP Token Server (IoP Core): The software that processes IoP token transactions and stores them on a blockchain. It also runs our governance system that processes Contribution Contracts.2. Profile Server (PRO SRV): The software that hosts the IoP open social graph and stores it on a graphchain.3. Location Based Network Node (LOC NET): The software that creates a p2p network of nodes based on their geolocation. It allows other services to be geolocalized. 4. Content Address Network Node: (CAN NET): This software creates a p2p network of nodes that manages an index of information managed by other IoP servers. Initially it manages an index of Profiles. The list of components will eventually grow as we release more of them. In the short term / middle term we should be including: - Proximity Server (PXY SRV): This software allows people to share their location and allows other people to find them.
- Reputation Server: This component manages people’s reputation within the system.
- Stun & Turn Server: These servers enable device to device connections.
Until now, we have chapters running only the IoP Token Server in order to mine IoPs. Since we’ve released the other 3 components a few weeks ago the IoP Full node containing all the components is being installed. It is important for the project that every chapter runs an IoP Full node. By doing so we will be able to test the other 3 components on a large scale. There are features that can only be tested once we have more than 100 IoP Full nodes, such as the clustering of nodes into neighborhoods. Also, deploying more than a 100 nodes makes us hit a nice milestone and our infrastructure start to be considered by entrepreneurs for connecting their apps to it. Running a full node today will not cause an overhead to your computer as mining do. Most of the time these components will sit idle doing nothing until the day the first apps get connected. Later in the future, mining licenses will be active only if a full node with a good reputation is running. You can refer to these plans in the IoP whitepaper. In the meantime we will check this manually. So be sure to install a full IoP Node on the computer or server that you are using for mining. The project doesn’t need chapters mining without running the whole infrastructure provided by the IoP Full Node. The whole mining scheme is designed exactly for this, as an incentive to run the decentralized infrastructure. So let’s go and install 200 IoP full nodes and show app devs that we are ready for the show! Thanks to Amadeo Charlé for the editing. original article:
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Update: IoP Full NodesIoP Full Nodes are a set of components of the Internet of People infrastructure packaged together and run by the Fermat community. As of today, an IoP Full Node contains 4 components: 1. IoP Token Server (IoP Core): The software that processes IoP token transactions and stores them on a blockchain. It also runs our governance system that processes Contribution Contracts.2. Profile Server (PRO SRV): The software that hosts the IoP open social graph and stores it on a graphchain.3. Location Based Network Node (LOC NET): The software that creates a p2p network of nodes based on their geolocation. It allows other services to be geolocalized. 4. Content Address Network Node: (CAN NET): This software creates a p2p network of nodes that manages an index of information managed by other IoP servers. Initially it manages an index of Profiles. The list of components will eventually grow as we release more of them. In the short term / middle term we should be including: - Proximity Server (PXY SRV): This software allows people to share their location and allows other people to find them.
- Reputation Server: This component manages people’s reputation within the system.
- Stun & Turn Server: These servers enable device to device connections.
Until now, we have chapters running only the IoP Token Server in order to mine IoPs. Since we’ve released the other 3 components a few weeks ago the IoP Full node containing all the components is being installed. It is important for the project that every chapter runs an IoP Full node. By doing so we will be able to test the other 3 components on a large scale. There are features that can only be tested once we have more than 100 IoP Full nodes, such as the clustering of nodes into neighborhoods. Also, deploying more than a 100 nodes makes us hit a nice milestone and our infrastructure start to be considered by entrepreneurs for connecting their apps to it. Running a full node today will not cause an overhead to your computer as mining do. Most of the time these components will sit idle doing nothing until the day the first apps get connected. Later in the future, mining licenses will be active only if a full node with a good reputation is running. You can refer to these plans in the IoP whitepaper. In the meantime we will check this manually. So be sure to install a full IoP Node on the computer or server that you are using for mining. The project doesn’t need chapters mining without running the whole infrastructure provided by the IoP Full Node. The whole mining scheme is designed exactly for this, as an incentive to run the decentralized infrastructure. So let’s go and install 200 IoP full nodes and show app devs that we are ready for the show! Thanks to Amadeo Charlé for the editing. original article:
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Introducing Redtooth
It is like Bluetooth but with a global range enabling the pairing of devices over the internet. Redtooth is the name of our client-side technology that we are starting to build these days. This is the technology that runs on end user devices and facilitates device-to-device connections. It uses the several services of the IoP including the Profile Servers, STUN and TURN servers, LOC and CAN networks, etc. It is essentially an IoP client library that helps IoP connected apps to manage all the low level protocols needed to interact with [.....] continue reading:
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