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Author Topic: [ANN][SHIFT] The New Web | IPFS/Phantom | ShiftNrg.org Hosted Decentralized!  (Read 547587 times)
qwep
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October 13, 2015, 02:58:33 AM
 #1821


There is an idea of two different nodes. Regular with minimal amount of stakes and a SST node.. super staking nodes which have ten times more than the minimal stake amount

yep! and x (ten?) times more PoS % then the regular node PoS %!

Sorry, what i ment was, you have to have ten times more funds than the minimal amount of funds you have to have before you can stake. In other words, regular staking node: 2000shf, supernode: 20000.

This is just an example, the numbers can be fine tuned. 5x might be good. Its not any problem to fine tune this stuff later. This is no PoS though, its node staking, PoW will still confirm blocks and will earn more funds than node staking.

This type of example will bring to live a brand new type of reward system then, using some what of the reward system of PoS and Nodes with the strength of PoW.

Yes, there will be some changes to the devp2p protocol that shift uses. But we are getting there. We have an 80% done PoC code in python (which will be converted into golang) that handles the staking node winner. It actually uses live data from network in some extent. The miner who mines a block will be the one who pays out the stake to the node winner. How this will be done is in planning stage.. but the PoC is soon done and we will now start with p2p protocol changes.

Some facts though,

Node stake reward is dynamic and is calculated by the actual amount of SHF in the system. This due to the inflation. Rewards must be aware of inflation.
Only a certain % of the nodes in the network will get a rewards, every node is randomly selected. In theory a node could receive a reward two blocks after each others (opinions about this?).


(Block: 196872) Number of nodes: 9, number of nodes that gets a reward: 1([u'108.61.218.27:53900']), reward each: 0.279558
(Block: 196873) Number of nodes: 9, number of nodes that gets a reward: 1([u'108.61.218.27:53900']), reward each: 0.279560
(Block: 196874) Number of nodes: 9, number of nodes that gets a reward: 1([u'104.238.191.83:53900']), reward each: 0.279561
(Block: 196875) Number of nodes: 9, number of nodes that gets a reward: 1([u'45.32.241.124:53900']), reward each: 0.279562
(Block: 196876) Number of nodes: 9, number of nodes that gets a reward: 1([u'104.238.191.83:53900']), reward each: 0.279564
(Block: 196877) Number of nodes: 9, number of nodes that gets a reward: 1([u'104.238.146.111:53900']), reward each: 0.279565


Remember, the above is a centralized, but will be fully decentralized. What this node sees is far from every node in the network. Every node in the network must be aware of every other node. This needs to be propagated to each nodes by them talking with each other. That is what we must accomplish with changes in the p2p protocol. Also we need to ship the coinbase address of a staking nodes IP-address.

thanks for the detail info on this node reward system, this will show how under value this coin is.
chafer99
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October 13, 2015, 06:58:45 AM
Last edit: October 13, 2015, 07:28:25 AM by chafer99
 #1822

My transaction from Suprnova pool not found:
TX: 0xdd16b9d3a317fdfad13c7154f01b0d7e066c09388398ca9edf3f1588f8f3c343
TX: 0xb6ba8698ab9748390c7bcab18dc6842bbecea66a9cc181a0cf75334646ac9713
ShiftTeam (OP)
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October 13, 2015, 08:41:43 AM
 #1823

My transaction from Suprnova pool not found:
TX: 0xdd16b9d3a317fdfad13c7154f01b0d7e066c09388398ca9edf3f1588f8f3c343
TX: 0xb6ba8698ab9748390c7bcab18dc6842bbecea66a9cc181a0cf75334646ac9713

https://shift.etherchain.org/


You are posting some random TXs that you claim exist, but blockchain does not. And you want ocminer or or us to do....? Sorry man
Gunther
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October 13, 2015, 08:44:24 AM
 #1824

I see lots and lots of chit-chat about technical stuff, yet you forgot to pump the coin, which equaled in it's death.

Too bad man, really looked like a potential pumpcoin. Maybe create a bit more hype next time.

Kthxbye.
chafer99
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October 13, 2015, 09:23:21 AM
 #1825

My transaction from Suprnova pool not found:
TX: 0xdd16b9d3a317fdfad13c7154f01b0d7e066c09388398ca9edf3f1588f8f3c343
TX: 0xb6ba8698ab9748390c7bcab18dc6842bbecea66a9cc181a0cf75334646ac9713

https://shift.etherchain.org/


You are posting some random TXs that you claim exist, but blockchain does not. And you want ocminer or or us to do....? Sorry man

OK, what should I do? Some transactions have disappeared.
Maverick69
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October 13, 2015, 09:39:06 AM
 #1826

Someone is accumulating on Bittrex. Almost 50,000 in their balance. That's true for the top 3 actually. I'm in the top 10! Yay!
Teka
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October 13, 2015, 09:40:40 AM
 #1827

I see lots and lots of chit-chat about technical stuff, yet you forgot to pump the coin, which equaled in it's death.

Too bad man, really looked like a potential pumpcoin. Maybe create a bit more hype next time.

Kthxbye.

This a long term project, if you're looking for a pump and dump then there a plenty out there.
chalkboard17
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October 13, 2015, 11:03:40 AM
 #1828

I see lots and lots of chit-chat about technical stuff, yet you forgot to pump the coin, which equaled in it's death.

Too bad man, really looked like a potential pumpcoin. Maybe create a bit more hype next time.

Kthxbye.

This a long term project, if you're looking for a pump and dump then there a plenty out there.
+1

Someone is accumulating on Bittrex. Almost 50,000 in their balance. That's true for the top 3 actually. I'm in the top 10! Yay!
Bittrex has over 62.5% of the coins, that without ever forging. People need to start withdrawing their balances to the wallets in order to prevent centralization + an accident such as wallet being robbed.
Meanwhile, suprnova has over 68.2% of the mining network. So if we switch to PoS bittrex centralizes the coin, and if we continue on pure pow suprnova centralizes it. We are way beyond the 51% limit on both fronts.

If you have over 1mh/s there is no reason for you not to solo mine. You will run a node which will help everyone and mining at a pool needlessly is the same as donating your money to the pool owner. I don't think any 2012 and onwards graphic card will give you less than 1 mh/s. That's enough for 1-2 blocks per day, everyday, at current difficulty! Stop giving money to pool owner for nothing!
We also need more pools.

If you have money on bittrex take it away before it's too late. Countless times exchanges have stolen and have been stolen. Why are you trusting them so much?
We also need more exchanges.

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STREAMITY
 

 

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Maverick69
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October 13, 2015, 11:57:38 AM
 #1829

Bittrex has over 62.5% of the coins, that without ever forging. People need to start withdrawing their balances to the wallets in order to prevent centralization + an accident such as wallet being robbed.
Meanwhile, suprnova has over 68.2% of the mining network. So if we switch to PoS bittrex centralizes the coin, and if we continue on pure pow suprnova centralizes it. We are way beyond the 51% limit on both fronts.

If you have over 1mh/s there is no reason for you not to solo mine. You will run a node which will help everyone and mining at a pool needlessly is the same as donating your money to the pool owner. I don't think any 2012 and onwards graphic card will give you less than 1 mh/s. That's enough for 1-2 blocks per day, everyday, at current difficulty! Stop giving money to pool owner for nothing!
We also need more pools.

If you have money on bittrex take it away before it's too late. Countless times exchanges have stolen and have been stolen. Why are you trusting them so much?
We also need more exchanges.

I've not been mining anything since last year. I just invest here and there when I have a good feeling. For now, I keep the coins on Bittrex because I don't want to install new wallets over and over again. As soon as PoS starts, I will be retrieving the coins.
screwUdriver
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October 13, 2015, 12:21:35 PM
 #1830

I'll be joining the mining today, good thing i still have my old rigs even tho i haven't mined ETH can someone point me of a mining guide please.
chalkboard17
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October 13, 2015, 03:39:30 PM
 #1831

My transaction from Suprnova pool not found:
TX: 0xdd16b9d3a317fdfad13c7154f01b0d7e066c09388398ca9edf3f1588f8f3c343
TX: 0xb6ba8698ab9748390c7bcab18dc6842bbecea66a9cc181a0cf75334646ac9713

https://shift.etherchain.org/


You are posting some random TXs that you claim exist, but blockchain does not. And you want ocminer or or us to do....? Sorry man

OK, what should I do? Some transactions have disappeared.

This is odd. I have always withdrawn without problems from bittrex and now I got the same problem as you. TXID shows up on their website but not on my wallet nor block explorer. I contacted them.
It's weird because we ran at the same problem on different websites (you on suprnova pool me on bittrex exchange)

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STREAMITY
 

 

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ShiftTeam (OP)
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October 13, 2015, 07:24:32 PM
 #1832

My transaction from Suprnova pool not found:
TX: 0xdd16b9d3a317fdfad13c7154f01b0d7e066c09388398ca9edf3f1588f8f3c343
TX: 0xb6ba8698ab9748390c7bcab18dc6842bbecea66a9cc181a0cf75334646ac9713

https://shift.etherchain.org/


You are posting some random TXs that you claim exist, but blockchain does not. And you want ocminer or or us to do....? Sorry man

OK, what should I do? Some transactions have disappeared.

This is odd. I have always withdrawn without problems from bittrex and now I got the same problem as you. TXID shows up on their website but not on my wallet nor block explorer. I contacted them.
It's weird because we ran at the same problem on different websites (you on suprnova pool me on bittrex exchange)

Then we suggest that you contact bittrex support, shift can not answer their support, nor see how their system works.
chalkboard17
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October 13, 2015, 09:09:58 PM
 #1833

I already did that as I previously wrote, nor have I expressed any want towards this being solved by anyone else besides me and bittrex. I was commenting on how odd it was for always having a smooth service with them and now running into the same problem as the user I quoted, with a different sender.
Thanks for the development once again.

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STREAMITY
 

 

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Teka
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October 13, 2015, 09:57:45 PM
 #1834

I already did that as I previously wrote, nor have I expressed any want towards this being solved by anyone else besides me and bittrex. I was commenting on how odd it was for always having a smooth service with them and now running into the same problem as the user I quoted, with a different sender.
Thanks for the development once again.

I'm in the same boat as you, it looks like bittrex is having issues with certain deposits/withdrawals at the moment.
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October 14, 2015, 05:50:02 AM
Last edit: October 14, 2015, 12:16:58 PM by ShiftTeam
 #1835

We are in talks with bittrex. This issue will be solved during the day.

Regards

EDIT: looks like their node is not receiving any peers to sync the blockchain with. Although, as far as we can see it is synced everywhere, on every node that we control. And its about 15.

Regards
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October 14, 2015, 03:34:33 PM
 #1836

We are in talks with bittrex. This issue will be solved during the day.

Regards

EDIT: looks like their node is not receiving any peers to sync the blockchain with. Although, as far as we can see it is synced everywhere, on every node that we control. And its about 15.

Regards

Thanks for the update.
ShiftTeam (OP)
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October 14, 2015, 04:43:27 PM
 #1837

We are in talks with bittrex. This issue will be solved during the day.

Regards

EDIT: looks like their node is not receiving any peers to sync the blockchain with. Although, as far as we can see it is synced everywhere, on every node that we control. And its about 15.

Regards

Thanks for the update.

Have not heard anything from them in a while, maybe they are asleep now. Still, i see not other problem on any other exchange? anyone experience issues?

Kind regards
qwep
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October 14, 2015, 05:47:21 PM
 #1838

We are in talks with bittrex. This issue will be solved during the day.

Regards

EDIT: looks like their node is not receiving any peers to sync the blockchain with. Although, as far as we can see it is synced everywhere, on every node that we control. And its about 15.

Regards

Thanks for the update.

Have not heard anything from them in a while, maybe they are asleep now. Still, i see not other problem on any other exchange? anyone experience issues?

Kind regards

I guess not from the only 2 problems i see reported here, wallets are currently disable on bittrex so i guess we have to wait.
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October 14, 2015, 07:44:01 PM
 #1839

Trading is re-enabled on Bittrex.

SHIFT Response Team
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October 14, 2015, 07:44:42 PM
 #1840

Trading is re-enabled on Bittrex.


Let the games begin Smiley

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