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Hello bitshares community, this post serves as a placeholder for my active witness proposal. I'm an American computer scientist attempting to pull back the curtain and get a true feel for the capabilities and limitations of state-of-the-art blockchain solutions. **bitshares is the most promising solution that I've discovered in my short 11 months of blockchain research.**
I have some novel ideas and applications for the BTS network that I will begin developing, using this witness node as a first step.
bitshares active witness proposal account: mynx-escrow
Server Specs
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Processor: Intel Xeon Gold 6140, 10 dedicated cores
Memory: 32 GB dedicated RAM
Storage: 120 GB dedicated SSD
Bandwidth: No limit
Guaranteed availability: 99.9%
Physical Location: Germany
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Respectfully,
ihackcoinz
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Website: http://artaxcoin.org
Explorer: https://artax.blockxplorer.info
Artax is a community managed platform with its own currency built upon third generation blockchain architecture. A dedicated committee directly manages the direction, development and marketing of the coin. Utilizing the Artax proprietary Encryption Cache Persistence (ECP) protocol in our ART (Accelerated Redis Transfer) node network, the limitations on traditional blockchain protocols have been lifted and a new era in greatly expanded and improved functionality is upon us. Expansion into spaces traditionally dominated by centralized service providers are now far closer to reality given enhanced efficiency built into our third generation blockchain and platform.
Coin Specifications:
Mining: 100% Proof-Of-Stake with ARTnodes (Beyond standard masternodes-proprietary ArtaxQ hashing algorithm improves security and functionality)
Algorithm: ArtaxQ (Custom Quark-Hash algorithm with thoroughly tested proprietary cipher as a secondary layer of security)
Coin Ticker: XAX
Max Supply: 20,000,000 XAX
MN Collateral: 2,500 XAX
Blocktime: 2 Minutes
Transactions: 160tx/sec
Coinbase Maturity : 24 hours
Nominal Confirms : 5
Premine: 500,000 (Controlled by a decentralized committee on a Public Ledger)
Rewards: 85% Masternode, 10% Proof-Of-Stake, 5% Governance Protocol
Block Schedule:
Blocks 0 - 1000 : 0 XAX
Blocks 1000 - 775600 : 7 XAX
Blocks 775600 - 1043999 : 4.5 XAX
Blocks 1043999 - 1562398 : 3.6 XAX
Blocks 1562398 : 2.7 XAX
Features
Platform Versus Currency
As a third generation blockchain protocol with 3 years of back-end research and development, Artax is built from the ground up to function as a multi-tiered platform with scalability in mind for future use cases such as concurrent blockchains running on single nodes with the ability to utilize mobile devices to secure, transmit and store the blockchain leading to significant increases in efficiency, security and censorship resistance. All of this is made possible utilizing what we are calling Encryption Cache Persistence (ECP).
Encryption Cache Persistence
Encryption Cache Persistence is a proprietary protocol created by the Artax team which is a fundamentally new way of storing and managing blockchain data as well as other forms of data and works well with decentralized networks. Artax gains significant advantages in efficiency, speed and scalability especially when taking into consideration its use in decentralized protocols where you want to be as efficient with data so that you may allow for sufficient decentralization of the network while maintaining data speed transfer across the entire network without running into the theoretical limits of bandwidth lag (ie. big block size debate as seen with bitcoin vs. bitcoin cash). The base upon which ECP was built by the Artax development team is the Redis (Remote dictionary server) open-source, in-memory, key-value database, Redis is essentially a data structure server that is capable of storing and handling high-level data types and ECP utilizes the Redis architecture as its base and builds additional functionality into the protocol creating a completely new platform specifically tooled to greatly expand the functionality of the Artax platform in the cryptographically secured blockchain space. It is not an understatement to state that ECP implementation could drastically change how the world views the functional capabilities of the blockchain technology space in the years to come. For example, a simple use case for the efficiency gains from the ECP protocol would be the ability to secure, transmit and maintain the blockchain with mobile devices, which no other platform on the market is capable of doing at this moment.
Further enhancements to the Artax protocol could eventually lead to an interface that acts not simply as a wallet, but also incorporates a service exchange (DEX and marketplace capabilities) and also browser integration.
ARTnodes
Accelerated Redis Transfer (ART) Nodes are a significant paradigm shift in how masternodes will function in the future. ARTnodes go far beyond the features and capabilities of regular masternodes with first-in-class advanced features borne out of ArtaxQ such as:
-Proprietary hashing algorithm that restricts and reduces the flotation of orphan blocks and makes available shared blocks for future use
-Based off of the highly efficient Quark-hash algorithm with additional Artax improvements
-Thoroughly been tested on both Redis and RFID protocols opening the platform to revolutionary real world applications
-Light-weight cryptographic functions with the advanced capacity to adapt
-Secondary layer of security provided by a proprietary cipher overlaid on the Quark-hash algorithm
-Input bitstreams are altered in a fashion to future proof Artax (XAX) in the cryptographic landscape and to anchor it in a sponging construction
With the improvements upon the Quark-hash algorithm leading to the development of ArtaxQ, ARTnodes are a significant advancement in masternode technology that run intensive yet lightweight hashing functions to protect, secure, and expand the capabilities of the Artax network.
Standard features are also incorporated in our ARTnodes and are those included in other copy and paste masternode cryptocurrencies:
-Increased privacy of transactions
-Instant transaction functions
-Governance and voting functions
-Budgeting and Treasury functions
In summary, ARTnodes not only fully encompass standard functions of masternodes, but greatly heighten the functional capacities of decentralized systems to new levels in the blockchain space.
Speed
PayPal : 193 transactions per second on average
Artax : 160 transactions per second on average
Bitcoin : 3 to 4 transactions per second on average
Ethereum : 20 transactions per second on average
Wallets
Windows: http://artaxcoin.org/dl/ArtaxLatest.zip
Mac: http://artaxcoin.org/dl/Artax-Qt.dmg
Linux: https://s3.amazonaws.com/files.artaxcoin.org
Android: Coming Soon
GitHub Source: https://github.com/artaxcommittee/artaxcoin.org.git
Exchanges
SouthXchange: https://www.southxchange.com/Market/Book/XAX/BTC
Stocks.Exchange: https://stocks.exchange/trade/XAX/BTC
Community
Twitter: https://twitter.com/ArtaxCoin
Discord: https://discord.gg/rP8uawc
Swap Info
The initial phase for Boxy and ARTX coin swap has concluded, Please visit our Discord server for more information regarding coin swaps from the old chains going forward.
Roadmap/Whitepaper/Litepaper
Coming Soon!
Committee
The Artax Committee is composed of dedicated volunteers of varying backgrounds. It was this committee that came together to decide the specifics of the coin swap for Boxy and the previous Artax blockchain to the new Artax (XAX) specification. Assisted by several developers, the committee will continue to work on the future success of Artax and its relevant technologies. Please note: The is no further affiliation with BoxyCoin. No one from the Artax team has anything to do with BoxyCoin. It was taken over by another developer for completely different purposes and goals. Moving forward the sole focus is the Artax(XAX) platform.
Do you have talent in development, media production, or marketing? If so, please consider joining the Artax committee.
Come visit us on our discord channel for more information on how to get involved: https://discord.gg/RMT9Cw
Masternode Guide
Windows or Mac + Linux VPS Wallet Setup Guide: https://github.com/NinjaFoot/Artax-XAX-/wiki/Artax-Masternode-Guide,-Step-by-Step-(Windows-and-Mac)
Artax Masternode Easy Script(Cold Wallet VPS)
1. Login to your clean Linux Ubuntu v16 VPS
2. Run the following commands one line at a time:
wget https://cdn.discordapp.com/attachments/419081046487990275/428059329954840587/install_artax_mn.sh
chmod +x install_artax_mn.sh
./install_artax_mn.sh
3. Follow subsequent questions
^^ Discord link updated |
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looks sick - i'm excited about this one
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One last thing, there's a slight issue with the windows binary when attempting to run a cold wallet VPS setup. Namely it won't accept port 7135 when specified in the masternode.conf file, even though this is the only port allowed on mainnet.
masternode.conf:
neodashMN_1 104.238.179.107:7135 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX b23aaf17dc9df4a5119418d4db443037b1a83ca48ef8e9224772b95ef3ce5ff7 1
Error: "must be port 7135 for mainnet"
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Thanks Dev - i have to get some sleep now, but will start putting together the discord tonight/tomorrow.
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Premain only for the development and promotion of the project. We are waiting for MNrank for several days. Soon we will launch the site.
Thanks Dev. Are you planning on doing any masternode auctions or things of that nature? What about bounties and social media campaigns? It may help to expand your team by hiring some people part time. Finally when users see the premine as a proportion of the circulating supply, it looks a bit intimidating. After initial promotion and development, do you you intend to "burn" remaining premine? It will be hard for the price to reach significant levels if they are afraid to buy because of premine uncertainty. I recommend that you explicitly state where certain percentages of the premine are going. Thanks P.S., Discord? Slack? (recommend Discord) - i can run it if you like. Remember this coin has a lot of potential but it needs community buy in and trust. |
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Hey Dev, also don't forget MN rank listing! And remember to tell people about the premine!
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Hey Udacha!!!! We need a little transparency here brother... try not to get mad at people for saying scam. A little bit of transparency and trust goes a long way. Just tell us what your plans are and how much of the premine you are going to use for various activities.
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like i said, i bought an MN off exchange... maybe it was a silly move, but i dont see how the dev selling on exchange is different than presale. then again - dev should state intentions. i.e what is he going to do with the funds?
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Dude if the dev ditches we'll just take the fucker over lol. FORCE that shit.
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@crush not only that, but coin supply is extremely limited and this coin is HARD to mine... 2.5 coins in 2 minutes... that's a lot of work. Rewarding for masternode, hard for the miners. Ultimately the MN holders will control the supply of the coin, pending whatever the dev decides to do with the premine. I think he (the dev) is being generous tho... after all, who else would dump on coinsmarkets for cheap? Put your buy limit orders in folks!!! Get lucky!!
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I'm in like Flynn!!! haha - this project is going to soar no doubt. MN holders control supply, wallet is smooth. ONLY 3 MN right now!!! (soon to be 4)
Hey Dev - where the Discord at!?? (U need discord - I will run it for you if you like)
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Correction - that address is not mine, but rather a portion of the premine. Unlike other coins, the premine for boxy has complete transparency and intent. Check the official website please.
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uhhh it might be my address lol - i've been mining with L3+ ever since I found out about this coin. these guys are the real deal. they're not interested in promoting the coin for the sake of promoting it, but rather advancing the state-of-the-art for cryptocurrencies at large. Join discord if you want to engage, but don't spam.
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Hi fellas - nice conversation - signs of life accompanied by passionate discussion are always good things. Definitely recommend taking this life over to discord vice BTCT. Yeah I'm a n00b, but this btct sh!t is a dinosaur compared to discord capabilities. Even just having separate channels so that I don't spam this thread with: "why is my wallet not syncing? where is the current wallet? what are the current addnodes?" types of questions is a step in the right direction. And dev/leader presence, but I care less about that if you guys truly are working hard on this stuff and looking to seriously progress the state of the art vice just being another status quo MN coin.
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what's the port for masternode (mainnet)
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