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81  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders now 🚀 🚀 🚀 on: April 26, 2018, 05:20:57 AM
If you're looking on where to VOTE with your SEM in order to earn more, then take a look at:

http://pool.7u.org

It's sorted from the highest publicly known paying pool to the least.

Notice that a pool charging the lowest fee doesn't mean the best paying.
82  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders now 🚀 🚀 🚀 on: April 24, 2018, 05:33:40 PM
Hi, what does this signature mean? What is this?

Is it safe to post it somewhere?
(Sorry for noob question...)
https://bitcointalk.org/index.php?topic=2159012.msg34588716#msg34588716

Yes, but YOU don't need to post it on the forum.  mdodong was simply giving out instructions on how to do it.


anybody knows a way of acumulating more SEM ? i have just a few hunderd on the original wallet, participated in the btc and eth airdrop and thats it

You could buy it OTC.
or
You could vote in public pools and earn more SEM from your votes daily.

83  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders now 🚀 🚀 🚀 on: April 18, 2018, 04:01:05 PM
SEMUX this coin is not available on any stock exchange. It is difficult to give it an accurate price. I only know that nodes can vote for benefits.

To judge whether the Semux project has a future, we need to know the technology of this coin, who can understand it more, and if I can, I'll get some coins to do the node.

In Semux, you're just a person.  If you have SEM, then you can vote.  You get 1 vote per SEM you own.

To become a Deligate, you have to burn (destroy) 1000 SEM

The top 100 Deligates are validators.  This is based on the number of votes each has.


Basically, if you want to become a validator, you need to burn 1000 SEM, and you need to have (currently) about 44,000 votes total from you and friends, etc).

Every 30 minutes, a deligate (at random) is chosen to forge a block.  If they get it, the reward is 3 SEM + tx fees.

A validator get just under 29 blocks a day. @ 3 sem, that's close to 87 daily.   Since they are currently just over $1 each, that's about $100 a day per validator.


Now, since most people are not willing to put in $50k to start a validator, they likleyl get together in groups to start one.  They create pools (public and private)
Private pools is great cause you know exactly what you're going to get if you keep up with it.
Public is better in that it brings a lot of people with smaller amounts so more people get involved and everyone makes something.

84  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders now 🚀 🚀 🚀 on: April 18, 2018, 12:56:55 AM
Quote

Is Melvin your pool?

No, it is not mine.  I do have votes in it though.


Quote
what way do you figure out the best pool.

your votes / pool votes * sem_per_day - pool_fee = profit
remember, if you haven't voted yet, so to figure out what you would make (assuming no votes are made or unvoted from the pool during that time)...
your votes / (pool votes+yourvotes) * sem_per_day - pool_fee = profit

sem_per_day is an average number.  This is 86.4SEM  ----   2880 blocks per day / 100 validators = 28.8 blocks * reward (3 sem) = 86.4



Quote

do you a list of pools but pay betters?

I suggest you setup a spreadsheet in order to calculate returns on votes based on pools fees and the number of votes they have.  I know someone working a live version.
Consider also that public pools don't (by default) count your votes for the first 200 blocks (100 minutes) in order to prevent pool hoppers.

The pools I know of right now are:

Sofia 8% (not officially public, so rate could change, but it is paying.)
Richkid 10% (not officially public, so rate could change, but it is paying.)
Kolten 10% (public)
Melvin 15% (public)
Wilson 15% (not officially public, yada)

Also, you can find others that are setup as public pools that are not listed by voting for random pools to see if you get paid.  (Warning... you could miss out on profits during this time AND pools might be paying pools, but if you quit within the 24 hours, you're likely to miss paying pools which are setup to not pay out to quitters.)






You should try to mddong pool, that a decent one. I waiting on the weekend to calculate my profit. Voted ~ 500 coin and received ~ 1 per day.

I don't see how you get that....
500/64750*86.4-15% = 0.5671042471042471 SEM (Mdd) Per day based on your voting.
500/53650*86.4-15% = 0.6844361602982293 SEM (mdd2)
The mddong pools are 15%

They have 64750 and 53650 votes respectively.
So, based on the same example I layed out in my prior two posts (having 10,000 votes).....

10000/74750 = 0.1337792642140468 * 86.4 = 11.55852842809364 - 15% = 9.824749163879594 sem mddsemuxpool
10000/63650 = 0.1571091908876669 * 86.4 = 13.57423409269442 - 15% = 11.53809897879026 sem mddsemuxpool2
10000/53000 = 0.1886792452830189 * 86.4 = 16.30188679245283 - 15% = 13.85660377358491 sem melvin

Based on the above, the pool Melvin still pays more.
This is only based on the numbers at this moment.

That said....
10000/53500 = 0.1869158878504673 * 86.4 = 16.14953271028037 - 8% = 14.85757009345794 sem sofia

So, sofia pays the most that I know of, but isn't advertised as being a public pool even though it is.

85  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders now 🚀 🚀 🚀 on: April 17, 2018, 06:31:16 PM
Quote

Is Melvin your pool?

No, it is not mine.  I do have votes in it though.


Quote
what way do you figure out the best pool.

your votes / pool votes * sem_per_day - pool_fee = profit
remember, if you haven't voted yet, so to figure out what you would make (assuming no votes are made or unvoted from the pool during that time)...
your votes / (pool votes+yourvotes) * sem_per_day - pool_fee = profit

sem_per_day is an average number.  This is 86.4SEM  ----   2880 blocks per day / 100 validators = 28.8 blocks * reward (3 sem) = 86.4



Quote
do you a list of pools but pay betters?

I suggest you setup a spreadsheet in order to calculate returns on votes based on pools fees and the number of votes they have.  I know someone working a live version.
Consider also that public pools don't (by default) count your votes for the first 200 blocks (100 minutes) in order to prevent pool hoppers.

The pools I know of right now are:

Sofia 8% (not officially public, so rate could change, but it is paying.)
Richkid 10% (not officially public, so rate could change, but it is paying.)
Kolten 10% (public)
Melvin 15% (public)
Wilson 15% (not officially public, yada)

Also, you can find others that are setup as public pools that are not listed by voting for random pools to see if you get paid.  (Warning... you could miss out on profits during this time AND pools might be paying pools, but if you quit within the 24 hours, you're likely to miss paying pools which are setup to not pay out to quitters.)




86  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders now 🚀 🚀 🚀 on: April 17, 2018, 03:40:10 PM

Thank you for your info.
but this is my history in 100_tokenpar_com ( 1 week i got only ~2,53 semux with 543 vote) and ( 3days with another pool i got ~2 semux. i'll wait until end of this week to summary again)

100_tokenpar_com charges 0%, but has 105,000 votes
Semuxpool_com2 charges 15%, but has 51,000 votes

Let's say you have 10,000 votes and each pool earns about 86.4 sem per day (average)

10000/115000 = 0.0869565217391304 * 86.4 = 7.513043478260867
10000/61000 = 0.1639344262295082 * 86.4  = 14.16393442622951 - 15% = 12.03934426229508

So, you earn almost twice as much as the pool that doesn't charge a fee.

People are so afraid of the 15% fee, they don't realize they could make a lot more SEM if they run the numbers.

To take this example further....

Melvin also charges 15%, but has 43,000 votes.
So, with your same 10,000 to keep in line with the above example...
10000/53000 = 0.1886792452830189 * 86.4  = 16.30188679245283 - 15% = 13.85660377358491

So, although Semuxpool_com2 and Melvin have the same fee, you earn more (over 1.8 SEM) with Melvin.



87  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders now 🚀 🚀 🚀 on: April 15, 2018, 06:35:53 PM

Could someone explain the delegates system? Is it some kind of dPoS where I give the staking power of my coins to someone so he can create the next block and in return gives me a share?
Is there a guide or tutorial how to set it up?

Basically, yes.   But, if you have enough SEM, you don't have to vote for someone else (their pool) as you can vote for yourself (your own pool).

Easy to setup.
Simply setup a wallet (ideally on a dedicated machine connected 24/7)
Burn the 1000 SEM to start a deligate - select a name for it.
Then, get about 40,000 votes (currently).

Once those are done, the list is updated every 200 blocks (just under 2 hours).  You are then a validator and forging blocks.

I see, thanks. I don't have enough SEM to do that unfortunately. Also, how would I get the 40k votes? Bribery, blackmail or offering more percentage of the block reward to the voters?  Grin

So in case I want to vote only, where can I see the votes I have? I have 20 SEM in total. Once I vote, I'll get a share of the delegates block rewards, right?

You could buy the 40k votes.  It's what I did.
or, you could make a post that you're looking for voters and offer a super low fee to those people that are willing to go to your pool.   Or, offer than you're starting a new pool with 0% fee for a couple of weeks.
20 sem = 20 votes.   (You get 1 vote for each sem you have).

Yes, if you vote on a deligate, you get a share of the total reward.   Just make sure you're voting on a deligate that is paying.
They really all charge a fee since they're running the software and likely paying a fee themselves for the server, etc. 

With only 20 sem (about $20 worth), you're not going to be able to make much or even start your own deligate though.  Quite frankly, you're not going to make anything, because after voting, you will be losing money.  So, unless you do a cash injection or get someone to support you, it's best not to do anything.

88  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders now 🚀 🚀 🚀 on: April 15, 2018, 03:23:54 PM

Could someone explain the delegates system? Is it some kind of dPoS where I give the staking power of my coins to someone so he can create the next block and in return gives me a share?
Is there a guide or tutorial how to set it up?

Basically, yes.   But, if you have enough SEM, you don't have to vote for someone else (their pool) as you can vote for yourself (your own pool).

Easy to setup.
Simply setup a wallet (ideally on a dedicated machine connected 24/7)
Burn the 1000 SEM to start a deligate - select a name for it.
Then, get about 40,000 votes (currently).

Once those are done, the list is updated every 200 blocks (just under 2 hours).  You are then a validator and forging blocks.
89  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders now 🚀 🚀 🚀 on: April 10, 2018, 01:35:31 AM
POOLS!

I've been asked a couple of times about Pools and where to vote to get paid.

The answer is.... there is no direct answer because it's changing all the time.

Someone with 8000 votes asked, and the answer is: in this case the Best 'fee' doesn't equate to most profitable.

Example....
8000 votes into pool - '100_tokenpar_com' (which is 0% fee) will get you about 6 SEM per day (8000/12100090).
Putting that 8000 into pool - 'Melvin' (which is 15% fee) will get you about  10.2 SEM  (8000/5950090)-15%

So, even though Melvin is a 15% fee, you obviously end up with over 50% more SEM daily voting in 'Melvin'.

Pool 'Kolten' is a 10% fee.  This is where things get a little more difficult, because, as long as they stay at the relative position (both around 50), it's better to vote into pool 'Kolten'; however, this changes quickly.
- Basically, most people look for the smallest fee and vote in it not realizing as those small fee pools move up the list, your votes count for less of a percentage in the pool.  So, within days, voting for 'Kolten' doesn't equate to a better rate than 'Melvin'

10% of 100 = 100% of 10

My suggestion (today) is to put your votes into 'Melvin' as you're going to make more over time than 'Kolten'
And, it's better to vote for both of those than a 0% pool like '100_tokenpar_com'.

Also Note....
There are hidden pools.  Basically validators that are setup to be private pools. They are setup to be from 0% and up.
Example... pool 'Wilson' is 15% but not advertised.  So, they could change the fee at anytime since it's private.
Another pool 'sofia' is currently at 2%.  Also not advertised and I expect the rate to change.

You could vote for various deligates and calculate your payments you get from them (assuming they pay) to determine which are working as public and fees.  It takes time and you risk making nothing.  So, vote for the ones you know of.  Just make sure you realize a 15% pool may pay better than a 10% or 0% pool simply because of the number of people/votes in it.

In a week, pools will change a lot as Uniform distribution comes into play (which I didn't touch on).  Voting will spread out (mini chaos), but the above suggestions will still be in play.  You will simply want to vote in a pool with the smallest fee and lowest number of votes (as long as the pool is in the top 100).

For my example - Today?  Voting in Melvin 
90  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: April 06, 2018, 06:49:15 PM

Me too. Was hoping for 1 ETH = 2 SEM

That would give ETH holders twice as many SEM than BTC holders received.   
In that case, I would have dumped my SEM immediately, cause I would fear the next dump (airdrop) would be a 1:1 ratio to Doge holders.  Smiley
91  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: April 05, 2018, 01:45:00 AM
Deligate....

Anyone interested in selling/renting me their deligate private key which is no longer running?

Basically, I am thinking of starting another pool, but see that there are over 30 deligates which are no longer running as validators (not enough votes) and it would be nice to have something that could benfit me without destroying another 1000 sem.

So, I am interested in getting a private key OR similar type of outcome.

92  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: April 01, 2018, 03:24:40 PM
I would really prefer to know in case is there the chat? can there be only telegram group or slack, discord?


Yes.  Check the OP

Slack and Telegram.
93  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: March 31, 2018, 03:42:58 PM
What does it mean “No active addresses found.” when recovering from the seed?

Is it because the wallet has no bytes or transactions?

It means the seed you recorded (although valid) was never used.

During a recovery, it checks your addresses.  If there is no balance, it checks the next and the next.  I believe it is still 20 addresses ahead.   Nothing there, so it checks the next wallet (I believe 5 wallets).
When nothing is found, it simply stops and gives you that error.

There is a way to force checks of more, but if nothing is in the firsts, then unlikely something in the latter.  Bitcoin webwallets perform a similar check when restoring.

You sure you recorded the seed to the correct wallet?   What are you trying to actually do?
94  Economy / Web Wallets / Re: How to Claim BTG from Blockchain.info ? on: March 30, 2018, 03:43:27 PM

Seems a lot of scammers are loitering and getting ready for someone that will click their bait. So better be mindful in clicking those links that came from unknown sources. Always check the url versus the page you'll visit because these scammers are upgrading and thinking like a monkey.

The scammer (I say one since the sites are link to the same DNS) has updated the sites.

They are now showing new versions of the fake software.

In fact, the scammer is only targeting Windows users.   The links to Windows is the scam malware, while the links to other OS platforms are legit (currently).

Example:   Electrocash.org (the scam) links to a download on the site for the windows client, but the linux/mac/source is to a valid software on Electroncash.org  (note simply that the scam site is missing the N).
95  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: March 29, 2018, 03:41:49 PM
In my view the best distribution method of the fund left is airdrop to all byteball holders  in inverse proportion to Gbytes they have, providing they were  kept for at least a month ( to avoid massive dump). The less Gbytes you have the more you get. And it has to be done in one round of airdrop. After this  I expect a market  will soon warm it up.

Mike works and saves, so he has 10 apples.
John doesn't care and wastes, so he has 1 apple.

Let's distribute apples.   Ok Mike, you have 10, so you only get 1 for your hard work and planning.  John, you only have 1, but although you're wasteful and willing to dump, you get 10 apples.  Now you both have 11 (again?).

How is this fair?
The person that actually saves and believes in the system gets less because he HODLed, while the person that may even have received the same amount initially and dump some/most of it gets more?

Note:
Good thing I created 100 wallets and split up my Bytes between them (4 months ago).  Based on your idea, I will be far better off than had they simply been in the same wallet.  The same situation that SEMUX had for their distribution (regarding people with a smaller balance receiving the same amount as those with a larger balance (up to 1BTC on the ratio)).

96  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: March 28, 2018, 08:34:09 PM

Good breakdown, and it gets even more complicated with large amounts of votes since you could split them up in various ways for optimum payouts. Is the the "first 56" positions because the validator rewards are still skewed to benefit the higher positioned validators?



Keep in mind that BTC holders didn't know of the airdrop and I believe the snapshot was taken before the drop was announced.  So, no manipulation could be done and if it was, it took a lot of money to make it happen.  Dropping to ETH on the same ratio and having given advanced notice means manipulation will take place at a far cheaper cost.
 

Do we know that BTC holders were not notified ahead of time? I thought people had specifically spread out BTC in addresses for optimum claims... although maybe they had just been lucky enough to have it that way. What details were known before BTC airdrop? 


Agreed.   Validator rewards are 3 sem per block.  Validator selection bug is still in effect, until the next update slated for release within two weeks (from what I've been told).

I don't know the dates specifically between the notification and the airdrop snapshot.  I'm still looking.
I think you would agree that an airdrop to ETH will not increase the user base very much at all since it's likely that most ETH holders are BTC holders as well.  Sure, a lot more SEM will be distributed, but not to a much bigger audience than always existing.
97  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: March 28, 2018, 01:55:21 PM
[quote author=Michail1 link=topic=2159012.msg33320643#msg33320643 date=1522186420
I think different from yours. You can not compare the reward of 2 airdrop or use the ratio of BTC holder to apply for ETH, because they are different from each other. Just simply thinking that the next airdrop (ETH holder) is really the distribution of the remaining Semux coins.
One of the most considerable debate that we should concerned for is how many Ethers in our balance that fulfilled for participating requirement.

Well, based on your thinking, then why not simply distribute a 1:1 for Doge owners.  That would get rid of every remaining SEM, and you could just buy 100,000 Doge for $1.
Wouldn't it be nice to get $200,000 worth of SEM by buying $1 worth of Doge?

Keep in mind that BTC holders didn't know of the airdrop and I believe the snapshot was taken before the drop was announced.  So, no manipulation could be done and if it was, it took a lot of money to make it happen.  Dropping to ETH on the same ratio and having given advanced notice means manipulation will take place at a far cheaper cost.

No, I absolutely believe a fair ratio needs to be established, and I am certain it would be.  I do not believe the goal is to dump the value of the coin by raining to holders of a less valuable coin.  It should be distributed to people with more skin in the game than simply a 1:1 for a $1 worth of Doge or any other sub valued alt like bitcconnect, ripple, lumen, etc.  (Yes, I realize my example took your statement to the extreme, but without any skin in the game (crypto), it would kill the project immediately.)

At this point, I haven't sold a single SEM and in fact bought a bunch more.  I've even given it away AND burned a few thousand to start Deligates.
If ETH is set to 1:1, then I hope enough time is given so that I could dump mine.
98  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: March 27, 2018, 09:33:40 PM

the ratio will be 1 : 17/18 (mathematically).
so if they were airdroping 20 SEM for every 1BTC that we held,in the future we should get more or less around 3 SEM for every ETH that we hold.
(it might be wrong,but should not be far from it).
we still have a time until 1 April,
so no need to rush and wait for more confirmation regarding this airdrop and make a proper strategy.

I agree with you except for the estimated eth to sem drop.

If BTC:SEM was 1:20  (about $500 to 1 sem)
and
BTC:ETH is 1:18   (close enough to a 1:20)
then why would the airdrop to ETH holders get a 1:3 ?
<$500 to 3 sem

That's rewarding ETH holders a 3 times ratio than that of BTC holders.

I don't care one way or the other for BTC/ETH, but I think it should be closer to a fair distribution.   And, considering that many BTC holders didn't know the snapshot was going to take place while ETH holders know up front means far more people will now dump BTC (and alts) just to get ETH to get the airdrop and then dump back to BTC (or other) and also likely dump the SEM as well whereas BTC holders didn't have that opportunity.

Basically, I think the manipulation will have far bigger implications on SEM value now and not simply because of ETH holders or manipulators getting ETH simply for the SEM dump.
99  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: March 27, 2018, 09:21:56 PM
If I vote for a pool with 100,000 votes and a fee of 15% I get anyway more than voting for a pool with 80,000 votes and 0% fee. Is that correct?

No.

Let's say you have 10,000 votes of your own and to round and make it easy........
If you vote for a pool with a now total of 100,000 votes with a fee of 15%  then you get (about)  100 sem per day / 10% of votes - 15% fee =  8.5 sem
(Basically a pool gets about 100 sem per day and you would be 10% of them = 10 sem, but pool charges 15%, so you get about 8.5 of those.)

Let's say you have 10,000 votes of your own and to round and make it easy........
If you vote for a pool with a now total of 80,000 votes with a fee of 0%  then you get (about)  100 sem per day / 12.5% of votes - 0% fee =  12.5 sem

I think you were trying to figure out something more like....
At what point is it better to take your 10,000 votes to a pool charging a lower fee than a pool charging a high fee.
Most people don't think about it and simply vote for pools with a low fee.

Not a simple answer since there is going to be a curve in that you want the lowest fee while supporting the highest percentage of votes.  (0% fee / 100% votes)
So, it's best to own your own validator if you have enough votes while charging yourself a 0% fee.

With (for the example) 10,000 votes, it best to find a low fee (still relatively the most important - currently), while getting into a pool which barely has enough votes to be a validator (like within the top 100 (easy), but better within the first 56 (like being in position 55).

People voting for pool in position 1 are making less than those in position 55 since they have to share the block rewards with far more people even if the pool in 55 charges a higher fee than that of position 1.




100  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SEM] Semux - Official Thread - Airdrop to ETH holders soon 🚀 🚀 🚀 on: March 26, 2018, 04:17:28 AM
will the ratio for ETH airdrop be really 100 ETH : 1 SEMUX?

or is it the opposite?
Like 100 SEM for each ETH?

considering to joing the airdrop here.

there is no exactly ratio ,but more details to be announced. i guess will 1eth:10semux but exclude exchange wallet .

I really doubt that would be a real ratio either.

Remember, 1BTC was 20 sem.
That value (considering dollar)
- $8500 worth of BTC getting 20 sem
- $525 worth of ETH getting 10 sem       would be a bad route.

Also, not sure it would get a lot more new people anyway.  People owning BTC are likely the same people owning ETH.  I agree, new people would be in, but not as many as simply doing the bitcoin airdrop brought in.



 
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