Bitcoin Forum
May 13, 2024, 06:20:30 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 [32] 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 »
621  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 13, 2016, 10:31:22 PM
New to masternodes here...

I've been running 1 masternode for past 2 days.
I've got nothin so far. What should I be expecting?

As long as you have followed the instructions on the first page under masternodes, you should of received at least a few payments. go over the instructions thoroughly, then if you are 100% sure you have followed them correctly, PM me and I will help you get everything going
622  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 13, 2016, 09:52:29 PM
Hey everyone, I am still seeing some wallets that have not upgraded, and a few Masternodes that have not upgraded yet either. You need to do so as your IP's are being banned until you do..
623  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 13, 2016, 07:01:03 PM
Mining ... When on coinmarketcap and exchange?  Roll Eyes

We have already requested to be added to coinmarketcap, the ball is in their court now.
624  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 13, 2016, 02:32:44 AM
Please take the time to read the ANN.. Smiley
625  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 12, 2016, 10:30:25 PM
I have updated the ANN with Masternode instructions, as well as some updated Addnodes. If you have a service to offer that pertains to Darknet, Please PM me the link to your hosted logo image that is no taller than .75 inch. I will add it to the ANN under Services.

626  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 12, 2016, 07:38:51 PM
We have spoken with a VPS Hosting company to come up with a Low Cost Masternode Option for Darknet. When you Purchase your Node Hosting, it will come with Darknet Daemons pre-installed so all you have to do is configure your darknet.conf file with your random rpcuser/rpcpassword and your masternode key.. Smiley

$1.50 a month is an Excellent deal

http://my.mp-hosting.co.uk/cart.php?gid=8
Hurray. i like this but what is the minimum amount to use for the masternode on this vps? what is the payment cycle? I am not a tech guy can someone help me with the configuration?
these will be a standard Masternode, not a Shared node. you will require 10k DNET, and need to configure your Controller wallet (The one that holds the coins) following the instructions on page 8 of this ANN.

You can pay monthly, 90 days, 6 months or yearly
Thank you for your explanations, i already have 10k dnet and i am willing to do this.
One last may be stupid question, how many Dnet coin can i earn with this per month.

That would depend on how many Masternodes exist, as there are 1440 rewards per day.
627  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 12, 2016, 07:33:52 PM
If someone were to host (50) Masternodes, it would cost $75 a month (.2 btc) with MP Hosting, .5 Bitcoin seems a bit steep. Good Luck.. Smiley
628  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 12, 2016, 07:12:33 PM
We have spoken with a VPS Hosting company to come up with a Low Cost Masternode Option for Darknet. When you Purchase your Node Hosting, it will come with Darknet Daemons pre-installed so all you have to do is configure your darknet.conf file with your random rpcuser/rpcpassword and your masternode key.. Smiley

$1.50 a month is an Excellent deal

http://my.mp-hosting.co.uk/cart.php?gid=8
That is a very nice price for hosting indeed.

For those unfamiliar with setting up all this, our hosting service is plug and play solution where we do everything for you.
Our prices are higher if you pay with BTC, but you also have the option to pay only based on what your node actually earns.

We also launched our Enterprise option, where you pay a flat monthly fee no matter how many nodes or POS wallets you host with us.
Our service an:
https://bitcointalk.org/index.php?topic=1355203.msg13795142#msg13795142

IW

What is the cost of this unlimited Masternode option in btc??
629  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 12, 2016, 07:00:10 PM
We have spoken with a VPS Hosting company to come up with a Low Cost Masternode Option for Darknet. When you Purchase your Node Hosting, it will come with Darknet Daemons pre-installed so all you have to do is configure your darknet.conf file with your random rpcuser/rpcpassword and your masternode key.. Smiley

$1.50 a month is an Excellent deal

http://my.mp-hosting.co.uk/cart.php?gid=8
Hurray. i like this but what is the minimum amount to use for the masternode on this vps? what is the payment cycle? I am not a tech guy can someone help me with the configuration?
these will be a standard Masternode, not a Shared node. you will require 10k DNET, and need to configure your Controller wallet (The one that holds the coins) following the instructions on page 8 of this ANN.

You can pay monthly, 90 days, 6 months or yearly
630  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 12, 2016, 06:58:10 PM
Hey Guys, There are still 30 Masternodes running on the old wallet, as well as people using the same Public IP's for multiple Masternodes, Loopback address's for Masternodes.

Please be aware that these Masternodes will no longer work at 5pm this afternoon.. (6 hours from now).
631  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 12, 2016, 06:39:27 PM
yep, I only promote Services that accept Crypto as a payment option!!
632  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 12, 2016, 05:08:04 PM
We have spoken with a VPS Hosting company to come up with a Low Cost Masternode Option for Darknet. When you Purchase your Node Hosting, it will come with Darknet Daemons pre-installed so all you have to do is configure your darknet.conf file with your random rpcuser/rpcpassword and your masternode key.. Smiley

$1.50 a month is an Excellent deal

http://my.mp-hosting.co.uk/cart.php?gid=8
633  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 11, 2016, 10:24:54 PM
Ok, so after that productive discussion, this is the proposal I have come up with.

Guarantee masternode bonus of 1.25-1.5x (or somewhere in between) as long as 2 conditions are met : the total amount of coins locked in masternodes is less than 50% of the entire current coin supply, AND less than 75% of the total number of coins that are ACTIVELY staking OR in masternodes.  

-The limit of 50% of the entire coin supply is to ensure that at least 50% of the total coins will remain liquid and/or staking to secure the blockchain.  At 10,000 DNET per masternode, that's gonna leave room for a network of well over 3,000 masternodes by the time PoW ends.  That is a hell of a lot of masternodes, so I wouldn't expect that limit to be reached anytime soon.  There will be plenty of time and room for newcomers to be able to secure a masternode at the bonus rate for a long time to come.

-The limit of masternodes representing less than 75% of the actively staking coins + masternode coins is because the first condition I laid out would only potentially even begin to come into play YEARS down the road.  This second condition is designed to protect the network from getting too lopsided in the early days.  We all know that 100% of the coins will never be staking or in masternodes at any given time.  Not everyone runs their wallet to stake or masternode 24/7.  Some don't at all.  I felt it important to separate these into 2 conditions so that the limit could be higher than 50% if only active staking coins and masternodes are considered.  If participation in staking is too low and/or masternoders get overzealous, the 50% limit could be reached quickly and newcomers would be discouraged from investing, if we didn't have separate conditions for total coins and actively staking/masternode coins.  At the same time, a line in the sand has to be drawn somewhere and 75% sounded reasonable.

As far as rewards go, there will never be a set reward for staking or masternodes.  The rewards would change dynamically each block using the "seesaw" mechanism + comparing network weight to the theoretical weight of masternode coins as we discussed earlier.

I know it is intended for there to be a portion of each block allocated to developer budget but let's disregard that for now.  For the sake of the example, say the block reward is 100 total.  There are 1,000,000 coins actively staking and 500,000 coins in masternodes.  Say the masternode bonus is 1.5x.  The 500,000 coins locked in masternodes get multiplied by 1.5 to equal a theoretical weight of 750,000.  We add this to the actual network weight of 1,000,000 and get 1,750,000.  On this block, the staker will receive 1,000,000/1,750,000 x 100 = 57.14 DNET, and the masternode will receive 750,000/1,750,000 x 100 = 42.86 DNET.

It seems a little paradoxical at first, and I can already see newbies complaining "WTF?!?!?!   I set up a masternode and my reward lowered!?!??!?!", but I am pretty sure everyone that has been involved in this discussion so far understands that the masternode (in this example) is going to get rewards more often.  So even though each individual reward maybe smaller than the staker receives, the more frequent rewards will add up to 1.5x what the staker receives.

Rewards will follow this relatively simply calculation, UNLESS either of the first two conditions are not met.  In that case, the masternode bonus will begin to rapidly fall, even sub-1.0 if necessary to encourage some masternodes to shut off and stake instead.

I think that about sums it up.  The exact percentages and the masternode bonus can be debated, but I just wanted to pull all the ideas together into one cohesive straightforward post.  I think a reward schedule like this would be the most fair and balanced schedule we have ever seen in a PoS + masternode coin, IMO.

Is anyone here capable of coding such a proposal?

Yes, when we decide on the final specs, we will make it happen.. Smiley
634  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 11, 2016, 09:29:19 PM
I will look into CoinMarketCap

As for the issues with multiple Masternodes on one IP, That was never supposed to happen, we have fixed it now. They will be banned.We are activating Reward Enforcement soon, Please update your wallets, masternodes etc or your wallet will get kicked from the network when we do.
how much time left to update? i read 48h earlier.

We will be turning on Reward Enforcement at approx. 5pm PST on the 12th
635  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 11, 2016, 05:50:30 PM
I will look into CoinMarketCap

As for the issues with multiple Masternodes on one IP, That was never supposed to happen, we have fixed it now. They will be banned.We are activating Reward Enforcement soon, Please update your wallets, masternodes etc or your wallet will get kicked from the network when we do.
636  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 11, 2016, 09:04:31 AM
That is correct, each Masternode must have a unique public ip address. Internal, loopback and duplicate ip's will be banned by the network
637  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 11, 2016, 03:29:48 AM
The Links on the ANN (Top of Page 1) and the website will always be up to date
638  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 11, 2016, 02:54:58 AM
No, Everyone should update, as every wallet uses the Masternodes regardless of whether you are hosting a Masternode. There are already precompiled binaries for every OS, or you can build it yourself
639  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 11, 2016, 01:12:30 AM
Of course there is hope, This coin has just begun.. It will go far, and soon those who don't already have a Masternode will wish they had built them now.. Smiley

This masternode of a thing is very complicated though someone wanted to assist me but is there any simple to understand guide about how to set this up on a vps.
I am not a tech guy and i need a lame man language to get this done or someone could help me to do it on my vps.

Yes, Check page 8 of this ANN
640  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS on: February 10, 2016, 11:01:24 PM
Suprnova updated to latest github code

Awesome, Thank You!!
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 [32] 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!