[*] 8BIT [Dark Masternodes][Anon][Roadmap Stage 4]

[charlieSeen]

(112x8)-8=888

say no more =)

True
+888

I'm down with the 888.

[qwep]

(112x8)-8=888

say no more =)

True
+888

I'm down with the 888.

so i guess the new # is 888 for nodes !

[charlieSeen]

(112x8)-8=888

say no more =)

True
+888

I'm down with the 888.

so i guess the new # is 888 for nodes !

Thats what it looks like. How many MN would there be possible with 888 per MN?

[qwep]

(112x8)-8=888

say no more =)

True
+888

I'm down with the 888.

so i guess the new # is 888 for nodes !

Thats what it looks like. How many MN would there be possible with 888 per MN?

about 90 or so nodes i could be wrong, what the total coin count right now ?

[Gumbork]

(112x8)-8=888

say no more =)

True
+888

I'm down with the 888.

so i guess the new # is 888 for nodes !

Thats what it looks like. How many MN would there be possible with 888 per MN?

about 90 or so nodes i could be wrong, what the total coin count right now ?

Someone open up a wallet and use the debug menu. Then divide 888 8bit into total coin count, and you will have your max nodes.

[skidog]

(112x8)-8=888

say no more =)

True
+888

I'm down with the 888.

so i guess the new # is 888 for nodes !

Thats what it looks like. How many MN would there be possible with 888 per MN?

about 90 or so nodes i could be wrong, what the total coin count right now ?

Someone open up a wallet and use the debug menu. Then divide 888 8bit into total coin count, and you will have your max nodes.

181000 divided by 888 equals 203

[portice]

888

[mastertrader777]

So it looks like its 888 8BIT per Masternode.

I will make note, and that will be an official change made during the takeover.

We want the rewards to stay the same yes?

Lets tackle the next area of implementation.

Making Masternodes useful. Lets talk about some services we wish to see rewarding Masternode users.

It has been some weeks since i last checked the thread. Wasnt even up to date that mastertrader777 was finally taking it over.
From my point of view we need a relative amount of coins per mn.
Maybe 1024 is high and 512 low. I like the idea of 888 8bit per mn.
I would like to see services for masternodes if its possible mastertrader777, as if they are likely to offer or host a service and get fees paid for it. 

Thanks for checking back in, care to give a little more insight on your input there. Sounds like we are on the same page.

Cheers,

MasterTrader777

[tema]

 Ask again

what with explorer?  http://8bit.website:1888/

[niki25]

So it looks like its 888 8BIT per Masternode.

I will make note, and that will be an official change made during the takeover.

We want the rewards to stay the same yes?

Lets tackle the next area of implementation.

Making Masternodes useful. Lets talk about some services we wish to see rewarding Masternode users.

It has been some weeks since i last checked the thread. Wasnt even up to date that mastertrader777 was finally taking it over.
From my point of view we need a relative amount of coins per mn.
Maybe 1024 is high and 512 low. I like the idea of 888 8bit per mn.
I would like to see services for masternodes if its possible mastertrader777, as if they are likely to offer or host a service and get fees paid for it. 

Thanks for checking back in, care to give a little more insight on your input there. Sounds like we are on the same page.

Cheers,

MasterTrader777

I see masternodes as an  deliverer for services, there are lots of market niches which can be exploded. Without a service to offer from mn is just a "new" way to mine coins.
If we manage to find a stable niche that can be profitable, masternodes will be the part delivering it, not just a way to mine.
About the rewards, i will explain my opinion:
-If services can be delivered through mn, and the fees for doing it are a barely low amount, it wont be useful to deliver those services rather than just mining with the mn.
-If the amount is changed to a lower amount, to make services reward look better using the same fee for service, that will control the inflation, but maybe at a low price rate will cause some mn to go off.
-So if a way is found to have an equilibrium between the mine ratio and the services offered by mn, that hould be.
Just my opinion.  

I think that we have here a good and capable development team, so the things to come will be awesome compared with what we had some time ago.

[niki25]

Ask again

what with explorer?  http://8bit.website:1888/

The block explorer was run by the dev that left. So seems obvious that he wont be having the block explorer up for so long.
We may need a new one

[Orestes]

About the rewards, i will explain my opinion:
-If services can be delivered through mn, and the fees for doing it are a barely low amount, it wont be useful to deliver those services rather than just mining with the mn.
-If the amount is changed to a lower amount, to make services reward look better using the same fee for service, that will control the inflation, but maybe at a low price rate will cause some mn to go off.
-So if a way is found to have an equilibrium between the mine ratio and the services offered by mn, that hould be.
Just my opinion.  

or the loop could be closed. let mn control the inflation. and let service fees be paid be service usage.
if a user (customer) makes use of a service why should this be free?

if there is an allocated cost then this could be redistributed over the network to those rendering these services.

this way mn and price/inflation is seperated from the product. And payment directly distributed to those that carry the cost of rendering the service.

[tema]

Ask again

what with explorer?  http://8bit.website:1888/

The block explorer was run by the dev that left. So seems obvious that he wont be having the block explorer up for so long.
We may need a new one

 Thanks for the reply! It would be great to have it here https://chainz.cryptoid.info/

[dbt1033]

We have got to get inflation under control.  HiPos needs of go.  The masternode rewards need to be reduced drastically.

[scarsbergholden]

what services can we implement?

[skidog]

We have got to get inflation under control.  HiPos needs of go.  The masternode rewards need to be reduced drastically.

As much as I like getting pos and masternode rewards ...Your right...They are a little high...

[ShopemNL]

Soon for 8bit



Btw for the people running a masternode you can use www.coinnode.eu/dashboard/ to manage your node's. Ive got al my 11 8bit masternode's hooked to it!

[mastertrader777]

We have got to get inflation under control.  HiPos needs of go.  The masternode rewards need to be reduced drastically.

As much as I like getting pos and masternode rewards ...Your right...They are a little high...

This is why I asked you guys.

I think the rewards are a bit high myself.

Suggestion time...lets hear them.

Cheers,

MasterTrader777

[niki25]

About the rewards, i will explain my opinion:
-If services can be delivered through mn, and the fees for doing it are a barely low amount, it wont be useful to deliver those services rather than just mining with the mn.
-If the amount is changed to a lower amount, to make services reward look better using the same fee for service, that will control the inflation, but maybe at a low price rate will cause some mn to go off.
-So if a way is found to have an equilibrium between the mine ratio and the services offered by mn, that hould be.
Just my opinion.  

or the loop could be closed. let mn control the inflation. and let service fees be paid be service usage.
if a user (customer) makes use of a service why should this be free?

if there is an allocated cost then this could be redistributed over the network to those rendering these services.

this way mn and price/inflation is seperated from the product. And payment directly distributed to those that carry the cost of rendering the service.

I didnt meant the services to be free, maybe i explained bad myself.
What i was silling to say is that if masternode services are not as profitable as just running the mn, there wont be too much people willing to run the service.
I have to say that DPoS is a good experiemt but is causing a high inflation, that will be hard to control in the future 

[digit]

We are moving up..... Now is the time to buy cheap....last chance...soon we will actually be back on track....Very few coins. Read the op.....We have masternodes, anon, and a low price for now. On many exchanges too.

if you are buying 8bit for a MN then DONT buy on cryptsy as their wallet is not working properly.  i was lucky i only bought a small amount so its not much to lose.
After confirming it gave a txid, but this cannot be found on 8 bit blockchain and coins are either stuck or lost.    It could be a problem with cryptsy or the 8bit wallet itself is broken.  the logfile still show every block received is an orphan, and has misbehaving peers errors that ips get repeatedly banned.  Syncing the wallet is incredibly slow because of these errors on 8bit network. :\

over a week now and 3 replies later from support they are working on a technical error that has occurred with this coin and still no 8BIT refunded or received.  Cryptsy has now put 8BIT in maintenance.