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Development work continues on the Staking Wallet options. Some nice surprises coming soon.
Next on deck is SafeSwap DEX. It will run on top of the SafeCoin chain, making it the fastest, least expensive DEX in the industry. It will also be integrated with our CEX SafeTrade.
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Since Epoch 10, SafeCoin has seen a fantastic response to it's new POS codebase. Curently, there is just under 1,500,000 SAFE Actively Staked, with around 5,500,000 waiting to Activate. This Activating Stake roughly equals 25% of the Total Safecoin Supply. New GUI Staking wallet in final stages of development, so expect to see the Staking numbers increasing greatly.
Active Stake: 1488967.021736457 SAFE Current Stake: 1472776.559045571 SAFE (98.91%) Delinquent Stake: 16190.462690886 SAFE (1.09%)
Epoch Effective Stake Activating Stake Deactivating Stake 19 1186802.444529424 5488170.466337754 0.823845344 SAFE 18 944403.148485403 5706928.837080959 0.000000000 SAFE 17 748757.408561591 5767086.604114141 435.990277750 SAFE 16 591963.251202028 5817273.893504587 109.084454963 SAFE 15 466235.289800558 5907604.754196591 47.334907663 SAFE 14 365116.837080962 5450785.286266291 0.000000000 SAFE 13 283687.052218031 3722254.326531666 1.821979582 SAFE 12 216983.689337716 625166.463529860 0.000000000 SAFE 11 162525.944987133 115922.981736960 0.000000000 SAFE 10 148693.055267279 0.000000000 0.000000000 SAFE
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Currently working through Epoch 20:
Block height: 8560142 Slot: 8934854 Epoch: 20 Transaction Count: 17829346 Epoch Slot Range: [8640000..9072000) Epoch Completed Percent: 68.253% Epoch Completed Slots: 294854/432000 (137146 remaining) Epoch Completed Time: 1day 8h 45m 41s 600ms/2days (15h 14m 18s 400ms remaining)
Active Stake: 1488967.021736457 SAFE Current Stake: 1472776.559045571 SAFE (98.91%) Delinquent Stake: 16190.462690886 SAFE (1.09%)
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Now that the daily mining dumping is over, the small sell pressure has disappeared. This thing is about to pop! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimgur.com%2Fa%2FikEUgPQ&t=663&c=IdVEV5Yhsv5ENA)
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Last few blocks of SafeCoin Classic being mined right now. Support ends in a few hours.
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AMA Starts in 15 minutes!!! We are pleased to present Safecoin Validators in an AMA format, a significant advancement in crypto for performance in community based projects, based on Solana Technology. We've worked hard to keep all of the incredible Solana features while making these validators feasible for our community, forming the foundation upon which Safecoin will provide on chain solutions for individuals, governments, and businesses. https://youtu.be/9Xlk0kvbB70
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Please join us on Sunday, April 4 at 6 pm UTC: We are pleased to present Safecoin Validators in an AMA format, a significant advancement in crypto for performance in community based projects, based on Solana Technology. We've worked hard to keep all of the incredible Solana features while making these validators feasible for our community, forming the foundation upon which Safecoin will provide on chain solutions for individuals, governments, and businesses. https://youtu.be/9Xlk0kvbB70
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Been doing some homework on the implementation of SAFE Validators. The warm up / cooldown period is 3 epochs, each being around 2 to 3 days each. If 50% of all coins get staked (as with Solana and the previous SafeNodes) then the annual return will be: Emissions: 1,440 x 4 = 5,760 SAFE / day Staked 50%: 15M SAFE Earnings per SAFE Staked: 5,760 / 15M = 0.000384 x 365 = 0.14 SAFE per annum Return: 14% per annum on whatever SAFE you delegate to a Validator These figures are approximate, but I think they're close. Discord: https://discord.gg/vQgYGJzTelegram: https://t.me/SafeCoinENIf you are in the market for SAFE then the best exchange is safe.trade: Exchange: https://safe.tradePassive income will soon be available for all holders, not just SafeNodes. There will be a huge interest in staking.
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Another ATH reached today. Word is spreading about the tremendous value in this project.
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How is the SafeNode testing coming along?
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Reminder!!
Get your SafeCoin Classic swapped by May 9th!!
A lot of exciting things coming in the next few months.
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Sent a few SafeCoin from SafeTrade to the new WebWallet. As soon as I hit send the transaction had processed and confirmed. Amazing speed with the new codebase.
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Important Notice: Safecoin Swaps to Solana CodebaseDear SafeTrade User Firstly we would like to thank you for your continued support in using our platform. During the last 3 years, SafeTrade has evolved into what we feel is one of the finest community driven exchanges available. We pride ourselves in listing quality cryptocurrency projects which are also very community driven. In an effort to support them better we will be introducing an integrated and industry leading on-chain trading experience in the near future (SafeSwap). This brings us to some very exciting news for SafeCoin, the foundation for our on-chain trading. Before we go on, here’s the take-home message for holders: You will need to swap your SAFE before May 9, 2021. For more info please visit: https://discord.io/safecoinhttps://safecoin.org/safecoin-swap-instructionshttps://safecoin.orgOr get your questions answered at our next AMA: (March 27, 6pm UTC) https://youtu.be/7UxjfhimeBYAs of this email, Safecoin is now based on a customized Solana blockchain implementation. This dramatic change fulfils SafeCoin’s original vision of providing secure on-chain decentralized trading with the real-time performance of a centralized exchange but without high fees, front-running, or other compromises. To meet this critical roadmap item required a complete rethink of the Safecoin blockchain and design, and it was absolutely worth it. Safecoin didn’t just stop at moving to a Solana codebase, it was researched and developed for months to improve on it, to make Solana technology better for decentralization and adoption. Our various Consensus, privacy, data management and compression enhancements lowered the peripheral requirements to allow cost efficient use of SafeCoin’s highly performant, stable and secure Blockchain by anyone, allowing for widespread adoption. Here is a quick real world example Approximate unpruned disk space use over 1 year: Solana: 160 Tb Safecoin: 2 Tb (Identical Performance and Scalability) Similarly proportioned game changing improvements in RAM, bandwidth, and more were achieved, and further performance improvements are in development. The modified consensus enables a wide decentralization of the Network by setting a low entry level to participate. This marks a turning point in our efforts to bring cutting edge technology in the hands of creators and inventors all around the globe and allows us to further proceed in creating the envisioned ecosystem, safe and secure, accessible for everyone. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpreview.redd.it%2Flkhlaytffro61.png%3Fwidth%3D1617%26format%3Dpng%26auto%3Dwebp%26s%3Df838f69895d982e4ecdba159c2b989bd74fbed5a&t=663&c=j0KnFYuwmJXilQ) The adaption of this new technology is a milestone for the project and enables the full vision of the Ecosystem to come to life and lays the foundation for a complete DeFi package. AMM´s, Decentralized Exchanges, Borrowing/Lending, Insurance and NFT´s, all powered and secured by Safecoin. With potential to process well over 50,000 transactions per second the Safecoin blockchain is able to host extremely throughput hungry applications at an unchallenged cost efficiency. This will mean that the current SafeCoin Wallet addresses will no longer work. SafeCoin is doing a 1–1 swap onto the new chain. The coin swap is taking place on SafeTrade and you will have until May 9th perform the swap. Don’t want to swap on a centralized exchange? An on-chain solution (as part of SafeSwap) will be provided in the near future. Jeff (@SafeCoin) really did a great job optimizing the codebase. The hardware reductions are a huge benefit!
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Can you give an estimate on a full roll out of SafeCoin Validators? Testing is ongoing now, correct?
Great question, we're looking at a 7-10 day rollout and we're looking for community feedback on what they want to see in the validators. Obviously, we're putting a lot of work into making them more accessible for people to run. Initial testing has gone well Awesome!!
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Can you give an estimate on a full roll out of SafeCoin Validators? Testing is ongoing now, correct?
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Awesome stuff!! Really excited about the future of SafeCoin.
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