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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] POLIS [GOVERNANCE] [MASTERNODES] [Lucky-PoW] [X11] on: January 05, 2018, 12:45:58 AM
Miners need to regularly monitor their pools and payouts, to make sure they are mining on the right chain.  Any investment - money or hashpower - is ultimately at the investor's risk.  When you are mining a brand new coin, pools drop in and out regularly.  Mining any coin that is less than 6 months old involves checking payouts several times a day to make sure the pool is working.

Now, should the dev team try its best to monitor pools too and inform them of forks?  Yes, of course.  But that doesn't somehow make them responsible for rogue pools that refuse to get on the right fork even after being told to do so.  Maybe this will put some of you off, and make you want to go to other coins that more carefully monitor their pools and have devs that communicate better.  That's okay - you should mine a less risky coin if that's what you want, but your rewards will also be lower.  POLIS is FIFTEEN DAYS OLD.  There will be risks and growing pains.  The reward is much higher because these risks make other investors and miners stay away.

Those looking to get one week of MPOS mining back are just trying to get all the upside of POLIS' riskiness without suffering the consequences of risk.  You took the risk by mining on MPOS, whether or not the dev team could have communicated better.  But now that the coin is worth millions, you want to erase the past risk you took.  That make no sense.  I think MPOS miners should be compensated for any mining they did in the first 24 hours after the fork was discovered.  But anyone mining after that just isn't paying attention, and isn't properly managing risk.


Let's take a look at this coin's FUTURE, not the PAST.  From what I've learned on discord and seen elsewhere, this is what POLIS has done in FIFTEEN DAYS:

1) POLIS is on CoinsMarkets, which is having some trouble for the whole exchange (upgrading servers), but last price was about 60-80k sats ($9-12, average of $10.5).
2) POLIS is also on TradeSatoshi and Stocks.Exchange.  These exchanges have very little activity (which makes sense, because supply of POLIS is super low, no one wants to sell). 
--> So POLIS has gotten onto three exchanges that are good for early altcoins

3) POLIS Cryptopia listing has been paid, and is expected within 1-2 weeks (according to dev team - remember there is always a risk that something goes wrong, no listing is final until listed)
-->So we have potential to get a huge volume boost very soon, and hopefully this will keep the price at $10.5 or maybe rocket it higher

4) POLIS is already on https://masternodes.online/currencies/POLIS/
5) POLIS is being added to https://masternodes.pro (See "Coming Soon" tab)
6) Several community members have made Coinmarketcap requests
-->So marketing is very aggressive.

In another 2 weeks, this coin will be ~1 month old.  If everything works out - and I can't promise it will, there is always RISK with altcoins - it will be a one-month old coin on Cryptopia+3 other exchanges, with multiple listings on masternode ranking sites and Coinmarketcap. 

There is always a TRADEOFF.  Yes, the dev could have monitored/communicated better. But then the dev might not have accomplished the 6 things listed above.  There would be smoother mining, but the coin being mined might not be getting on four exchanges and 3 marketing sites, because dev would need to spend effort monitoring pools.  That effort has to come from somewhere.


I'll let you all decide for yourselves if you want to quit POLIS just because MPOS pool dev ran off on December 28 and miners didn't check their payouts every day like they should have on a coin LESS THAN TWO WEEKS OLD.  Yes, it suggests shitty communication from devs - that LOWERS the value of POLIS because many people wil ragequit and FUD, and there will be LEGITIMATE concerns about communication.  But the dev is working on other stuff and accomplishing a lot - that RAISES the value of POLIS.  It's up to you to decide which effect is bigger.

Edit: And to those who will inevitably respond that this is still the POLIS dev's fault: okay, let's say that.  Let's say (just for the sake of argument, I don't agree) 100% the dev made a HUGE mistake by not getting you to stop mining on POLIS on MPOS, by not doing a better job communicating it should be removed, by leaving it in the ANN (if that's true), and that the dev is offering zero compensation for the mistake (if that's true).  That's really really bad.  It suggests bad communication, not caring about miners, etc. etc.  You would be right about all that.  This DOES reduce the value of POLIS a lot.  But because of everything else the coin has accomplished, it's still looking like it could be successful.  Coins can succeed with bad dev teams.

what polis really did:
1) some forks out of nowhere ( i was in contact with one pool operators, who got more grey hair between the years than it should have been)
2) a strange change in the concept from 25% mn reward to officially 75% reward
3) after pointing that it is not 75% reward (claiming that it was the communities will) the ann was simply changed to 80%.
4) pumping this coin to get on top of masternode.online by just switching the MN reward

so tell me this is not a scam

a) no white paper
b) dev acting at his own will
c) pumps from outer space

any questions?


@redsun17 I love you for this post! What a pleasure to read and totally on point!  Smiley

@More.Hash

1) The forks happened because a issue in the initial wallet release was found which required to get urgently fixed. But this caused that most of the nodes were running on different wallet versions, which was complicated by the fact that some nicehash miners pushed the network on the wrong chain.

2) The "strange change of concept" has been discussed with the community and done trough a voting - indeed it happened very fast, but nobody could have known at this moment, that this coin gets that much attention that early and were listed on several pools right from the first day as well as on coinsmarkets - so everything happened way too fast that it was running really stable. But it is now - the dev allready fixed issues, other x11 coins do not even know they have got. ^^

3) The original block reward = 10. So 2,5 were going to the masternode and 7,5 were going to the miner. (25% / 75%).

Because of the really fast growing number of masternodes (194 at the moment i'm writing) the dev asked the community if he should change the rewards - and the community voted for it.

So the the block reward was initially changed to = 20. So 5 were going to the masternode and 15 were going to the miners (25 / 75%). And then he changed it to 15 to the masternodes and 5 to the miners as requested by the community.

I don't know exactly why it has changed to 4 to the miner 16 to the masternode (20%/80%) right now, but if you would like to tell me that miners don't accept more then 50% MN rewards, then i must proove you wrong, because Polis is not the first coin that is working with this configuration.

The miners mine everything that is profitable. Why shouldn't they do else? And they always have got the chance of the lucky pow reward and earn a 100 times the usual reward.

About

a) Its a community coin - the community will create the whitepaper together but its still a little bit too early
b) The Dev is always in contact with the community like as well with the pool operators or exchange operators.
c) If some people believe in this project and buy this coin this are "pumps from outher space"? Huh I don't get which alien told you this information!  Cheesy Cheesy Cheesy
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] POLIS [GOVERNANCE] [MASTERNODES] [Lucky-PoW] [X11] on: January 02, 2018, 09:41:24 PM

From the time exchange exists, the coin must be stable. If the dev hasn't got enough brain to do these changes before because he want the best profit for himself-no testing at all, thats not accepted.

It's community coin i now but for such major changes, community must informed with every possible way cause there are real money in the middle.

I sped 500 EUR for hashpower and i got 5 EUR because these coins come before fork. Sound this OK to you ??


So you say that someday, cause of dev's 1% brain, all of community may lost coins-real money ?  Very nice and very amateur from your side.


In some countries money are very hard to earn and 500 EUR from my side is one salary here in Greece and not 1/5 or 1/10 of your salaries.

Have you ever hear the EUROPEAN UNION or USA BANKS to "destroy-disable" exchange of 1 EURO coin or 1 DOLLAR  in the night ?

So you see now why me and the others are angry ?


Before such HUGE changes first ... I N F O R M  E V E R Y O N E !!!!!!!

I totally understand your point of view and why you are angry about it!

500€ is a lot of money! And for myself it think renting hashpower is always a risk. But its also not the first time that I've mined without any reward because some things are going wrong.

And I totally agree with you that information is everything in this business!

So, we all are human and we all make mistakes, but it doesn't bring us forward if we are blaming the dev because we have known the risks.

Wouldn't it be better to find a solution together that fits for everybody?

Maybe there is a way to you get your funds back. Who knows? I don't know it because i don't know what happened exactly. Do you allready know it?

Maybe its the best to just give it some time and talk with @Polis_Dev at Discord directly about it. Otherwise, why not create a solution as community together?

I would really appreciate that!
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] POLIS [GOVERNANCE] [MASTERNODES] [Lucky-PoW] [X11] on: January 02, 2018, 08:26:45 PM

Why is version 1.2.0 not synchronized?

addnode=159.89.38.128
addnode=159.89.38.126
addnode=159.203.110.137
addnode=174.138.60.69
addnode=159.203.99.171

would probably help Smiley
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] POLIS [GOVERNANCE] [MASTERNODES] [Lucky-PoW] [X11] on: January 02, 2018, 08:05:17 PM
And the already mined coins ?

I have ±390 coins over the "air" cause you didn't inform pool owners and you did major changes so masternodes can earn more. What you gonna do with that ?


Do you really think you look smarter if you write in read colour so that everybody sees exactly that you are angry? ^^


Also I don't know if you people have read the disclaimer of nearly every coin i have seen till now (as well in the Polis wallet):



"This is experimental software"



So this means that nearly everything could happen with it and nobody exactly know's where the developement of this technology is going.

Because its all experimental and open source, no one really is a pro in it right form the start and solved all problems right from day 1

 --> it's still software development...

What I have seen till now is that nearly every past Dash v12.1 forked X11 coin has got this issue to handle.

Every coin has got different specs, so the problems are all different to handle.

And its all about cryptocurrencys - you all know that your investment could be gone from one day to another!

If you don't calculate that risk, you don't do your business very intelligent....


About the rewards:

We all had the chance to vote against to change the reward - but the community voted for it and so the dev implemented the change.

But this change required a wallet upgrade, so it was released but with unforseen consequences...

In the last days a few forks happened and because of new year, it was a little bit difficult to find out which nodes were on the wrong chain, so it took some while.

From my point of view this was caused trough the different wallet versions of some of the major pools and the split hash power.

Because... if too many guys like you mine via nicehash with 1TH/s or more on a pool that is on the wrong wallet version, this could cause such forks.


So to me its just complaining about something that happened that was bad for you but nobody wanted.

Because it is a COMMUNITY COIN, the community has decided for it and has to take those consequences.

If you tell us that the Dev should give you the premine, then you are not taking from him - you are taking from the Community = us all!

So it's also on you, as part of this community to be constructive and help to handle this issues and make this coin more successfull so that problems like this will not appear anymore, you are earning much more profits in the future and nobody is loosing money again! Smiley

I also lost coins - so I can see it from both sides - I mine polis and i earn from masternodes, and i also missed rewards from both site caused trough different problems. But if everything is back in order they should be fixed now. So everything is going great forward!

And do you see me complaining about it??? Because you only earned 1000$ on 1 day instead of 3000$ are you crying? Are you sure???

If thats your biggest problem congratulations! You really are a lucky bastard! Cheesy


So... I knew what risk i've taken because i've mined a new x11 coin from a new unknown dev and bought a new masternode.

And I'm glad that i did it, because from my point of view this is one of the most dedicated developer i've seen right now.

Man... he worked like a beast since the start and he also worked on christmas to handle the issues with the blockchain and keep this project alive!

Not like the guy of the Aspect Coin, which sold MN for 900$ and left everybody without anything... so i've lost a whole currency including masternode these days....

But see what happened - the community held together and took over the project - and now I think this could also get a great future.

So don't always see what you are missing! Take a look of what you have got!

And at least remember - its all virtual and its all living and breathing...

The one day you loose - the next you win - thats live.

But if we held together - we survive!

Thats the spirit!

Thats Polis!

And thats the real meaning of "Power to the people"!
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] POLIS [GOVERNANCE] [MASTERNODES] [Lucky-PoW] [X11] on: December 30, 2017, 10:20:17 AM
there is a wrong chain with 10 th/s  ,     why to release  new version at 30 of December?  Surely a lot of pools admins and miners are not online to update wallet  *facepalm*  

is not the same dev  as KzCash and CrowdCoin?  Huh  Same problems with chain split  and unexpected wallet releases

stopped blocks for 30 minutes....  oficial explorer 502 Bad Gateway

The chain problem is solved and allready nearly half of the MN are back on track! Smiley

The coin also has got a new explorer which are showing the actual blocks:

http://explorer.polispay.org/insight/blocks

And I don't think that they are the same developers ^^

Its just a ususal X11 problem Wink

Btw.. the dev asked the community to change the rewards and the community voted yes - so the dev worked hard to implement it as soon as possible, which required a wallet update. That might be the reason why it was on this date.

I honour Devs that work that hard for their projects!  Smiley
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] POLIS [MASTERNODE] [Lucky-PoW] [X11] on: December 24, 2017, 12:36:32 AM
Cry

build windows Masternodes  state=WATCHDOG_EXPIRED.Hope to send a copy windows sentinel.mail(block@tmbaidu.com)Thank you!


 Sad Sad Sad Sad


I had the same problem and experienced that you could install a ubuntu linux subsystem if you are using windows 10 pro.

So with this subsystem I've managed to install the linux sentinel client and created a connection to the node which is running on my windows wallet.

Its a little bit tricky, but it works. As I've seen there is no compiled windows version of the sentinel client.

Join us on discord if you have got further questions. Smiley
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] POLIS - Community coin [MASTERNODE] [Lucky-PoW] [X11] [BOUNTIES] on: December 22, 2017, 12:42:14 AM
Nodes don't seem to be working, can't sync here

The nodes are working -  if you are using the windows wallet, just close it and open:

%Appdata%\polisCore

in "windows explorer" and open "polis.conf" by using the "editor".

Simply add the following text into it:

addnode=159.89.38.128
addnode=159.89.38.126
addnode=159.203.110.137
addnode=174.138.60.69
addnode=159.203.99.171

Save the file and start the polis wallet.

After that it should work. Smiley
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