 Only around 10 sat. Marketcap is sub 10 000 USD. Is dev still around? Still around and working on BSX exchange. |
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I didn't heard about Shardax, is this a new exchange or a tiny one? Anyway I don't recommend to get listed on smaller exchange, bigger than crypto-bridge is worth, if is smaller is not worth it. It's a free vote anyway. Added to OP. |
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Where are devs ? What are prospects ? Anyone work on project ?
We are here. Working hard on exchange project. Second dev Nostromo will post today few prntscreens about our progress. |
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Have you roadmap or not?  50% or 1000%? Or about 160% if "Approximately ~ 34 000 000 coins after 1 year." What kind of maths do you use? Good luck! They are just guess numbers, not accurate, don't make a big deal from guess numbers. The supply of this coin is unlimited, the end, the only different is until block 1 000 000, POS change back to 10% interest per year to reduce circulating supply. Had the circulating supply reached 13,000,000 BSX even the POW had ended? https://chainz.cryptoid.info/bsx/Is almost 13M looking at in wallet "getinfo" so as @gawlea said I am OK with the 50% APR to keep the supply low, but is the dev choice. Thanks for the community opinion.
We've been thinking a lot about our current sitation.
We investigated and decided to stay with actual specs. (no new hardfork)
POS 50% annually will stay.
BitSpace will stay at actual circulating supply 13,000,000 BSX.
That's a good idea to against the inflation of our coin, but some people will be disappointed for not getting 1000% POS as promised. Will they continue to stay with Bitspace or not? I don't know, you can clearly see the prices on exchanges had been dropped significantly, it was somehow around 100 sats per BSX coin, this proves that they'd like to have bigger POS interest rate. You should make a vote for the community instead of listening to some random guys. I have a good idea, fix to have 1000% POS until block 500 000, then reduce to 50% POS until block 1 000 000, and switch back to 10% POS.  I want to have bigger POS reward, so i can do more giveaways, some people don't have money but would like to get free coins, and this is how you bring new people into Bitspace rather just holding and staking for yourselves. For some even 50% is too high. Some will stay, some will leave anyway but new people will come on the boat with time. With or without the 1000% interest or not. Look at B3 what happened with their huge interest coin. My 2 cents! You are right. So, if 1000% are too much, but 100%? How's about 100% POS until block 500 000, then reduce to 50% POS until block 1 000 000, and switch back to 10% POS? Have a high POS rate at a limit time to let new investors jump in, then reduce to have low supply again. They need to fix the POS reward to keep their promise. There was a lot of stress with Hardforks. It has always brought a lot of problems. We decided to continue under actual specs. Low inflation model. According to our POS reward system. There are only ~ 1600 new BSX coins generated every day. It is actually (4-5% annually in total).(~584 000 new bsx coins per year) Our POS system is variable. Small inputs are in advantage. If you split your coins into smaller inputs (optimum around 1000 bsx ). Every 1000 input can earn ~1.5- BSX per day. (50% annually) Approximately 13 584 000 coins in 1 year. Approximately 14,168,000 coins in 2 years. Approximately 14,752,000 coins in 3 years. Approximately 15,336,000 coins in 4 years. Approximately 15,920,000 coins in 5 years. |
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Hi,
I send 2565.57 BSX from crypto-bridge to graviex a week ago. But didn't recieved. I have searched from block explorer and found my transaction then I talked with Graviex and BSX discord support. Graviex said me to talk with BSX support and BSX support said to talk with Graviex. Now.. What should i do? Who should solve my problem?
This is my transaction detail.
e016897f301d6e93624e7bc90b54c735dbe549e55293c1c96359750fcdf8cad1 198175 2018-05-12 21:16:47 + 2,565.5762952 BSX 2,565.5762952 BSX
1 Not yet redeemed BGx5BrJnL5YM4Uzz8mj4KWEYrDzi2j5QTK 2,565.5762952 BSX
according to block explorer: e016897f301d6e93624e7bc90b54c735dbe549e55293c1c96359750fcdf8cad1 (8255 confirmations) Coins are at address BGx5BrJnL5YM4Uzz8mj4KWEYrDzi2j5QTK. "Not yet redeemed" just means that the coins are still in that receiving address and haven't yet been sent on elsewhere. Who control this address (own private key)? (If exchange...ask there...via support ticket) |
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Have you roadmap or not? 50% or 1000%? Or about 160% if "Approximately ~ 34 000 000 coins after 1 year." What kind of maths do you use? Good luck! They are just guess numbers, not accurate, don't make a big deal from guess numbers. The supply of this coin is unlimited, the end, the only different is until block 1 000 000, POS change back to 10% interest per year to reduce circulating supply. Had the circulating supply reached 13,000,000 BSX even the POW had ended? https://chainz.cryptoid.info/bsx/Is almost 13M looking at in wallet "getinfo" so as @gawlea said I am OK with the 50% APR to keep the supply low, but is the dev choice. Thanks for the community opinion.
We've been thinking a lot about our current sitation.
We investigated and decided to stay with actual specs. (no new hardfork)
POS 50% annually will stay.
BitSpace will stay at actual circulating supply 13,000,000 BSX.
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Summary after block 200 000
Transition to full POS went smooth.
POW is over. As expected. (Asics are gone)
We also noticed that POS is not 1000% anually as it shoud be. According to the latest data from the block explorer POS is still 50% annually. (max 2.5 bsx per block)
We need some time to decide how to proceed further.
(inflation will now be minimal..only around new 2000 - 4000 BSX will be generated every day) |
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i just done this now it wont stake cause coins arent mature? Once you move your coins. You have to wait again 24 hours. (min. stake age) ...
We have this formula in POS reward CoinAge * RewardCoinYear / 365 / COIN Big inputs will not help you to get higher reward. There is no interest based on number of coins in reward function. Coin age is important (number of coins will help you to hit more blocks faster, not to earn higher rewards). Example. If you will have 1 input = 100 000 BSX. You can hit only one block per day....means only one reward. But if you will split your 100 000 into 100x 1000 (100 inputs). You can easily hit 100 blocks per day . (reward per block in not reflected by number of coins....only coin age matters) if the amount of coins wont help you increase your rewards but smaller blocks will then you wont really achieve the stated amounts percentage wise and these APR's should be removed from the title and coin info pages. What does COIN refer to in that function if not the amount of coins staked? if you can't get pos to work at the APR you'd like with large inputs why not just implement a static block reward instead? Amount of coins is reflected at function stake weight . High stake weight will help you to get POS block rewards more often . We do not state that POS reward is 50% interest per year.... We state that POS reward is 50% annually.(since last fork)(and will be 1000% annually in 4 days, after block 200 000) Our POS reward system is very similar to static block reward, there are only two differences. First, we have radius (%) instead of static (function)....it will lead to lower total supply at the end of high staking rewards. second one... smaller inputs are in advantage ...higher reward is for those who stake at optimal levels for best network performance... There is nothing to change in here. These rules will remain unchanged in the longrun. Thanks for the clarification dev! I wanna ask, what is the best input amount to stake, is the 1000 BSX in your earlier example the best amount or is not such as "the best amount". Thnaks, G Best input amount to stake is not set (it is a variable value). All depends on actual POS stake weight situation . ( Whole network stake weight.) Now it is around 1500 BSX. We will see how the situation will look after block 200k. The most effective method is to keep your inputs at such value where you can hit POS blocks as often as possible. Ideal situation for biggest POS reward + in the shortest time is ,when this input is as close as possible to the average (average when viewed from the whole blockchain net)( + the shortest coin age) (check ''Stake Input Size chart'' ) ( https://chainz.cryptoid.info/bsx/#!extraction ) Looks interesting at exchanges.
Only 172 000 BSX in total are at markets for sale.
How long until end of POW?
2500 blocks left, POW will end. https://chainz.cryptoid.info/bsx/True. Last 24 hours of POW phase. A hunt for a high POS rewards will begin soon. BTW thank you for awesome "Coin control guide'' . |
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...
We have this formula in POS reward CoinAge * RewardCoinYear / 365 / COIN Big inputs will not help you to get higher reward. There is no interest based on number of coins in reward function. Coin age is important (number of coins will help you to hit more blocks faster, not to earn higher rewards). Example. If you will have 1 input = 100 000 BSX. You can hit only one block per day....means only one reward. But if you will split your 100 000 into 100x 1000 (100 inputs). You can easily hit 100 blocks per day . (reward per block in not reflected by number of coins....only coin age matters) if the amount of coins wont help you increase your rewards but smaller blocks will then you wont really achieve the stated amounts percentage wise and these APR's should be removed from the title and coin info pages. What does COIN refer to in that function if not the amount of coins staked? if you can't get pos to work at the APR you'd like with large inputs why not just implement a static block reward instead? Amount of coins is reflected at function stake weight . High stake weight will help you to get POS block rewards more often . We do not state that POS reward is 50% interest per year.... We state that POS reward is 50% annually.(since last fork)(and will be 1000% annually in 4 days, after block 200 000) Our POS reward system is very similar to static block reward, there are only two differences. First, we have radius (%) instead of static (function)....it will lead to lower total supply at the end of high staking rewards. second one... smaller inputs are in advantage ...higher reward is for those who stake at optimal levels for best network performance... There is nothing to change in here. These rules will remain unchanged in the longrun. |
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I can also confirm that with 94560 BSX today I've staked the amazing amount of 0.0008 BSX  Now I can afford to buy a new lambo, maybe the Urus one.  As stated last post big input will not help you to hit bigger reward. It's rather the opposite. Small inputs rulez. (more democratic) Since last hardfork we completely migrated to POS minting system. (POS 50% Annually...soon (at block 200K) 1000% Annually) (!!!!not 50% or 1000% Interest per year anymore!!!!) Split your coins into smaller imputs and start to stake from tomorow 24/7. Do it and give us a report after 48 hours. You will see. Also in few days...after block 200 000 POS rewards per block will be 20x higher than now. I noticed in coincontrol, my coins automatically split into multiple of small inputs around 1500 bsx each, i did not even touch coincontrol or care to split coins before, guess i don't have to worry about that. Whenever you hit the POS block. Your input is divided into 2 halves. (It's an automatic process) So more coins get blocks faster plus small inputs around 1000 - 1500 bsx each give better rewards, correct? Exactly. The most optimal is to have inputs around 1000-1500 BSX. And stake 24/7.( )https://chainz.cryptoid.info/bsx/#!extraction  |
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I can also confirm that with 94560 BSX today I've staked the amazing amount of 0.0008 BSX Now I can afford to buy a new lambo, maybe the Urus one. As stated last post big input will not help you to hit bigger reward. It's rather the opposite. Small inputs rulez. (more democratic) Since last hardfork we completely migrated to POS minting system. (POS 50% Annually...soon (at block 200K) 1000% Annually) (!!!!not 50% or 1000% Interest per year anymore!!!!) Split your coins into smaller imputs and start to stake from tomorow 24/7. Do it and give us a report after 48 hours. You will see. Also in few days...after block 200 000 POS rewards per block will be 20x higher than now. I noticed in coincontrol, my coins automatically split into multiple of small inputs around 1500 bsx each, i did not even touch coincontrol or care to split coins before, guess i don't have to worry about that. Whenever you hit the POS block. Your input is divided into 2 halves. (It's an automatic process) |
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I can also confirm that with 94560 BSX today I've staked the amazing amount of 0.0008 BSX Now I can afford to buy a new lambo, maybe the Urus one. As stated last post. Big input will not help you to hit bigger reward. It's rather the opposite. Small inputs rulez. (more democratic) Since last hardfork we completely migrated to POS minting system. (POS 50% Annually...soon (at block 200K) 1000% Annually) (!!!!not 50% or 1000% Interest per year anymore!!!!) Split your coins into smaller imputs and start to stake from tomorow 24/7. Do it and give us a report after 48 hours. You will see. Also in few days...after block 200 000 POS rewards per block will be 20x higher than now. |
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Do not forgot to vote for BSX. Help us to expand free votes Voted! That's a least i can do to help Bitspace. Also voted! Quantadex has a lot of votes.  So far i had staked a total of 9741 BSX, so if i exchange that amount at the rate of 40 sats each, i would have earned a total of 0.0048705 btc = $44.51 as of now. Nice passive income just from staking, right? Bitspace is an alt-coin but it works, now imagine Bitspace go full POS at the interest rate of 1000% per year until block 1 000 000, moon time? Bought a game with my BSX profits. ... I wonder how did you get that amount as I barely stake like 0.1 bsx with 100K. No way you get that less with that amount, i think you are lying, did you do this step for the new wallet? Delete all data in folder bitspace (except wallet.dat) C:\Users\youruser\AppData\Roaming\bitspace.... and run the latest wallet again and wait for re-sync. https://github.com/Bitspacedev/BitSpace/releases/download/1.2.0.0/bitspace-qt_1.2.0.0.exeDid you ever care about this coin or follow its development at all? You guys gotta stop the hating on this coin or its development, if you don't like to invest into this coin, then don't. NO ONE IS FORCING YOU. its entirely possible pos still hasnt been giving correct rewards for large inputs, even the devs were aware of this how could you not be? you've probably just got a large stake in this coin (as have I) and aren't happy with the price. how about stop hating and try to do something positive IDEK if the fix for pos has kicked in yet or that will happen at block 200,000 I've given up caring [edit] I've just sent all my coins to myself to find out tomorrow We have this formula in POS reward CoinAge * RewardCoinYear / 365 / COIN Big inputs will not help you to get higher reward. There is no interest based on number of coins in reward function. Coin age is important (number of coins will help you to hit more blocks faster, not to earn higher rewards). Example. If you will have 1 input = 100 000 BSX. You can hit only one block per day....means only one reward. But if you will split your 100 000 into 100x 1000 (100 inputs). You can easily hit 100 blocks per day . (reward per block in not reflected by number of coins....only coin age matters) |
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New Mac wallet added to OP. |
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Bitspace just got listed at coinlib. Market Cap Info, Coin tracker, cool graphs + real time updated price. OP updated |
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ATTENTION: Chain was forked at block 162463 (28th April 2018). Everyone need to upgrade the wallet now (see instructions below) Source (v. 1.2)Everyone will have to move to new source (wallet). New Windows wallet New Windows wallet (v. 1.2)IMPORTANT TUTORIAL: How to upgrade to the new wallet: > close old wallet > download new wallet 1.2.0.0 > remove everything in %APPDATA%\bitspace (for windows systems) (linux path: ~/.bitspace) except wallet.dat > start new wallet (new wallet will connect automatically to our upgraded syncnode to download the lastest blockchain data) > to be sure you installed the new wallet, click help > about bitspace and check it says "version 1.2.0.0" there (right now the wallet says syncing because we need more hahspower or stakers to produce new blocks, when up to date blocks are in the chain this message will disappear) |
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New source is ready. We are compiling new wallets now.
Need another 2-3 days for proper testing. After it another one day for updating nodes.
In around 4-5 days new wallets should be available.
There will be no percentage interest per year focused on the number of coins in stake.
Bitspace POS will use annual percentage rate vs coin age system. Coin age will be what is important (Number of coins will help you to hit more blocks faster, not to earn higher rewards)
It will be more democratic POS system + network will be more secured + stable.
POW+POS now generates ~ 64 k new BSX coins per day
Once POW will end at block 200 000. BSX will be pure POS coin
POS will generate ~ 10-40K new BSX coins per day. (reward will depend on coin age..not on number of coins)
The averaged value in the block will be ~20 BSXper block. (in range ~1-50)
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Any news about the POS reward fix guys?
so staking does not work for anyone at the moment? for me the blockchain syncronized since 12000 blocks no longer .. (about 3 days I guess) .. do you have the same error? staking works but the apr is incorrect I'm sure they are working on it. Give it some time the rewards will come. Let the developers develop.
patience has it's limits they've known about this problem for a while and it doesn't look like they've done a thing about it: https://github.com/Bitspacedev/BitSpace/commits/master0 commits for 15/16 days New source will be released around block 180 000. To make changes, another hard fork needs to be done. All needs to be done properly. No need to rush and release source earlier. Changes will not kick in before next hardfork. New hardfork will happen at block 200 000. POW willl end. POS will be fixed (for bigger inputs) + switched to 200% interest per year. In the meantime. Optional input is 1000 BSX to get 50% POS reward in next 24-48 hours staking. |
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I think is something wrong with the code. I've stacked 50K coins for 3 days and I got only 4 BSX stacking 3 times which is far away from the 50%, this is something like 1% APR instead of 50%.
yea they've known for a while pos is bugged, I informed them a few weeks ago and I was told the 50% fork would fix it though from the code it was obvious it wouldn't. they are working on it now apparently, its either a case of stake at the pitiful rewards or hoard weight I'm afraid mate. Yes, we working on it. To get 50% POS interest . Small inputs works fine (1000 BSX and less). The issue is with big inputs. We are fixing it now and running few tests under testnet. Soon there will be new source. There will be new hardfork at block 200 000. POW willl end. POS will be fixed + switched to 200% interest per year. At block 200 000. At the end of POW there will be 13 M BSX in existence. 200% interest will last until block 1 000 000. After 1M blocks BSX will be autoswitched to 10% interest per year forever. We decided to end POW and move further distribution into POS. Also good news for those who are not at Discord. BSX cryptocurrency exchange will be launched until end of this month. Exchange itself will need some time to grow. BSX will be used as a primary payment. Vote list for adding new coins will be created and voting will go via BSX. |
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