Would it be nice to be able to buy some SEMUX in some exchanges after RC, is it of interest?
that would happen after the final release on Q1 2018. |
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I think project has great future, idea sounds cool. Looking forward to ICO
sorry no ICO. Ever. |
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There will be airdrop during RC1. Details on how to participate will be announced after the release of the new wallet and transfer of the balances to the new network is completed.
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Thanks.
Q1: Will the main chain start from height 1?
Q2: What do you mean transferring of balance to the RC1? Will the dev be sending from his account to the addresses from the snapshot?
Q3: What about block rewards?
i.e: 0-499k 0 SEM, 500k-N 5 SEM, etc...
1. RC1 will start at block zero. 2. All balance from beta block #86400 will be transferred to RC1 network. This will come from dev account. See Ann page 1 for dev fund allocation. 3. RC1 block#0 to #500,000 -> 0 block rewards, only tx fees RC1 block#500,001 onwards -> 2 sems for block rewards |
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What is exactly going to happen on height 86400?
Can you publish a detailed plan?
1. 86400 we will take snapshot of the blockchain. 2. RC1 wallet will be released. 3. Everyone needs to upgrade to the latest wallet 4. Transferring of balance to the RC1 network will start based on the block #86400 snapshot |
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How can I participate in a pool and earn some sems, what are the requirements. TIA.
Visit https://semux.info/pool . register then vote one of the delegates that are part of the pool. |
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I think he's dreaming, I'm kidding, aha, the price of OTC is already 3000sat, SEM does not supply much in the market, it will only go up for some time. This will be more apparent as we enter the 0 block rewards starting RC1, from block #0-500k. |
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What exchanges will semux go on to?
Nothing is definite at this time since listing on exchanges are not yet a priority. After the launch we can aim for the bigger exchanges who can accommodate the semux code since it is entirely new and not based on existing blockchain. |
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Hello! I was participating in the airdrop and according to the scan of my address I got 450 SEM!
But I can`t now enter my wallet, because it says I enter wrong password?
May be by mistake when I fill reg. form I enter somewrong letter in the password(((
Is there the way I can change or recover the pass?
You have to remember your password. That's how crypto works you are in charge of your own funds. Make sure to try again else you will lose your SEMs. |
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Selling 3k sems @ 4k sats. PM here or on discord.
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Guys, make sure backup your database from time to time.
Painful to resync!
Looking forward to new distribution methods.
Also curious about how to motivate validators to keep working since there is no block reward in RC1.
becouse believe in the project Well, to keep a basic V, you need 4 cpu, 8GB and 100Mbps. But in order to make network strong, you need double it, which makes almost impossible to use home PCs. Decent VPS with hardware like this costs at least 400$ or more per month (not shit vps). So if there is no reward for V, even believers won't use top hardware to secure the network. That's why I'm curious how would dev deal with this. Maybe DEV team will set up most of the V by their own? It's an investment really. For now and I imagine from RC1 to First release, transactions will be few so the network can rely on validators running on home PCs provided you have decent enough hardware and internet speed. By the time we launch and as the mining starts on block 500,001 we can see the price of the SEMs high enough to handle the expenses for these high end servers for the validators. |
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can you explain me the 2 raund airdrop will go?
Details will be announced after RC1 is released. When is the RC1 going to be released? Beta net will end at block #86400. RC1 will follow soon after. |
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It would be very interesting to negotiate SEM before the start in 2018! But the coins will be moved to rc, right?
Yes SEMs will be moved to RC 1:1. Do we need to send our coins back then? No need. So long as you have access to your wallet.data file it will be automatically sent back to you once we transition to RC1. |
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It would be very interesting to negotiate SEM before the start in 2018! But the coins will be moved to rc, right?
Yes SEMs will be moved to RC 1:1. |
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That's great but if you want us to prepare then please tell us details what for?  Just going to put what semux announced earlier.
Thank you for spotting this out. However, we're not going to revert these transactions
We'll revise our distribution model and stop free airdrop.
A few heads up:
1) beta network will stop at block #86400 (in roughly one week);
2) all balances will be transferred to rc network (release candidate);
3) community distribution continues in the next months, depending on progress;
4) there will be no block rewards before community distribution is complete, i.e. block #0 - #500,000;
5) we're right on track, official launch will be in early 2018.
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It is clear that the first round of distribution is flawed. This is to be addressed in the next round. I suggest everyone get ready for that instead of focusing what's already done.
We have a lot in store for the next round and I'm pretty sure everyone is going to get a better share in the sems to be distributed.
Come let's move forward.
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Looking for update wallet still not sync
Make sure time and date is set correctly. |
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