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Author Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN  (Read 731208 times)
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February 03, 2016, 04:58:45 PM
 #201

just figured out how to list Masternodes, so 60 Masternodes "enabled" in function until now !



BIG WINNER!
[15.00000000 BTC]


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February 03, 2016, 05:58:39 PM
 #202

Thanks for the requests and sorry for the delay, here's the Pool:

https://dnet.suprnova.cc

have fun mining

Thanks for the pool! That nomp pool was brutal.

twitter.com/notsofast
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February 03, 2016, 06:07:42 PM
 #203

sweet , 1.7mhs running ccminer on 650ti

⚫ ⚫ ⚫Make even more profit on crypto trading with secure automatic trading https://trade-mate.io⚫ ⚫ ⚫
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February 03, 2016, 11:16:47 PM
 #204

We're on Safecex, FINALLY!!!  Cheesy
https://safecex.com/market?q=DNET/BTC

Happy Trading (Happy Accumulation).

http://MutualCapitalCrypto.com

Bitrated user: AltcoinGodson.
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February 04, 2016, 03:09:12 AM
 #205

We're on Safecex, FINALLY!!!  Cheesy
https://safecex.com/market?q=DNET/BTC

Happy Trading (Happy Accumulation).

Nice, because the market on btcpool.exchange has bids and offers crossed. First sign of a broken exchange.

Hey s3v3n, I'd like to run multiple masternodes on either a linux VPS instance or a linux server at home. Does each masternode require its own external IP address? Or can I simply run them in parallel using a different port for each daemon?

twitter.com/notsofast
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February 04, 2016, 03:46:54 AM
 #206

We're on Safecex, FINALLY!!!  Cheesy
https://safecex.com/market?q=DNET/BTC

Happy Trading (Happy Accumulation).

Nice, because the market on btcpool.exchange has bids and offers crossed. First sign of a broken exchange.

Hey s3v3n, I'd like to run multiple masternodes on either a linux VPS instance or a linux server at home. Does each masternode require its own external IP address? Or can I simply run them in parallel using a different port for each daemon?

I can tell you just that wallet refuse any port what is not 51472, so 51472 is the only port what you can use !



BIG WINNER!
[15.00000000 BTC]


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February 04, 2016, 03:58:34 AM
 #207

total supply?
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February 04, 2016, 04:37:37 AM
 #208

We're on Safecex, FINALLY!!!  Cheesy
https://safecex.com/market?q=DNET/BTC

Happy Trading (Happy Accumulation).

Nice, because the market on btcpool.exchange has bids and offers crossed. First sign of a broken exchange.

Hey s3v3n, I'd like to run multiple masternodes on either a linux VPS instance or a linux server at home. Does each masternode require its own external IP address? Or can I simply run them in parallel using a different port for each daemon?

You would need to slice your VPS into 10gb sections with at least 512 MB ram (at minimum) and run each wallet independently. They can share 1 external IP, but obviously must use different internal IP's let your router do the auto port assignments on the way out of your network.
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February 04, 2016, 04:46:47 AM
 #209

We now have a statically compiled RPi2 Binary available for download
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February 04, 2016, 09:05:42 AM
 #210

How much is it for a Masternode
plast555
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February 04, 2016, 09:19:00 AM
 #211

How much is it for a Masternode

10 000 coins



BIG WINNER!
[15.00000000 BTC]


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February 04, 2016, 04:31:10 PM
 #212

total supply?

62M after POW

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.SEMUX
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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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February 04, 2016, 06:24:35 PM
 #213


should be 64800000
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February 04, 2016, 06:45:49 PM
 #214

I like the fact that this coin isn't pushed by a bunch of shills.  Lot's of disparate hero, senior, full, and other members.  No talk of moon, when exchange, etc....  I like it.
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February 04, 2016, 09:18:23 PM
 #215

I like the fact that this coin isn't pushed by a bunch of shills.  Lot's of disparate hero, senior, full, and other members.  No talk of moon, when exchange, etc....  I like it.

This is fascinating, indeed. Cheesy
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February 04, 2016, 09:37:53 PM
 #216

How much is it for a Masternode

10 000 coins

Will try to set up one. Smiley

Am I spamming? Report me!
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February 04, 2016, 10:25:18 PM
 #217

what should be my .bat file for solo mining ? I want to solo mine with ccminer ... please help me

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February 04, 2016, 10:45:50 PM
Last edit: February 05, 2016, 03:30:50 AM by s3v3nh4cks
 #218

We are creating a proposal to serve as both a test and introduction to the decentralized voting system and to also get the opinions of the Masternode owners.

This is what we are planing for the PoS at Block 259201:

The PoS mechanism for DarkNet will be something that has to my knowledge never been tried in crypto before. We will be using a sort of seesaw mechanism based on the ratio of Masternodes to Staking Addresses (Wallets that are left open 24/7 and supporting the network) with a fixed overall reward per block.

The ideal ratio we will be determined later and open for discussion, but assuming this ratio is maintained, when a PoS block is found equal rewards will be delivered to Winning Masternode and Winning Staking Address, but if there are more staking addresses than the determined ratio then Masternodes will get a portion of the staking wallets reward and vice-versa.

This will be done in an attempt to keep the network protected by sufficient stake weight, while maintaining enough Masternodes to service the other features of the coin, and provide them with a slightly higher profitabilty than staking alone.

This has been altered from its original form, typically once a proposal has been submitted this would not happen, but, at the time of the change there was only one vote, from a member of the dev team, who agreed with the change.




Block Rewards


PoS Phase 1
100 DNET           40 to Masternode          40 to Staker          20 to Budget          Monthly Budget: 864000             Yrly Coin Cap: 52560000

PoS Phase 2
50 DNET             20 to Masternode          20 to Staker          10 to Budget          Monthly Budget: 432000             Yrly Coin Cap: 26280000

PoS Phase 3
25 DNET             10 to Masternode          10 to Staker            5 to Budget          Monthly Budget: 216000             Yrly Coin Cap: 13140000

PoS Phase 4+
5 DNET                 2 to Masternode           2 to Staker             1 to Budget          Monthly Budget: 43200               Yrly Coin Cap: 2628000


[Coin Supply after 4.5 yrs on 159408000]


To Vote YES

enter this in your Masternode Console;

mnbudget vote 112fe2318bc44f64fd343a2f0624a2ce85e296347f2c9d8fc9119f7361131c52 yes

To Vote NO

enter this in your Masternode Console;

mnbudget vote 112fe2318bc44f64fd343a2f0624a2ce85e296347f2c9d8fc9119f7361131c52 no

To Check the Status of the Voting Process

enter this in your Wallet Console;

mnbudget show


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February 04, 2016, 10:52:34 PM
 #219

this is my .conf file
rpcallowip=127.0.0.1
rpcuser=username
rpcpassword=x
server=1
listen=1
daemon=1
debug=1
algo=quark
addnode=31.6.30.115
addnode=217.240.107.120
addnode=109.172.55.170
addnode=162.213.154.31
addnode=173.245.148.70
addnode=151.80.206.104
addnode=178.33.209.212
addnode=94.22.185.125
addnode=212.112.119.140
addnode=68.104.0.118
addnode=168.213.154.31
addnode=98.108.241.238
addnode=24.104.248.48
addnode=115.186.110.172
addnode=74.132.6.75

What should be my rpc port ? and please tell me what is my .bat file ?

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February 05, 2016, 12:16:49 AM
Last edit: February 05, 2016, 01:41:56 AM by SockPuppetAccount
 #220

We are creating a proposal to serve as both a test and introduction to the decentralized voting system and to also get the opinions of the Masternode owners.

This is what we are planing for the PoS at Block 259201:

The PoS mechanism for DarkNet will be something that has to my knowledge never been tried in crypto before. We will be using a sort of seesaw mechanism based on the ratio of Masternodes to Staking Addresses (Wallets that are left open 24/7 and supporting the network) with a fixed overall reward per block.

The ratio we will be aiming for will be 3 staking addresses to 1 Masternode. Assuming this ratio is maintained, when a PoS block is found the equal rewards will be delivered to Winning Masternode and Winning Staking Address, but if there are more staking addresses than the 3:1 then Masternodes will get a portion of the staking wallets reward and vice-versa.


Block Rewards


PoS Phase 1
100 DNET           40 to Masternode          40 to Staker          20 to Budget          Monthly Budget: 864000             Yrly Coin Cap: 52560000

PoS Phase 2
50 DNET             20 to Masternode          20 to Staker          10 to Budget          Monthly Budget: 432000             Yrly Coin Cap: 26280000

PoS Phase 3
25 DNET             10 to Masternode          10 to Staker            5 to Budget          Monthly Budget: 216000             Yrly Coin Cap: 13140000

PoS Phase 4+
5 DNET                 2 to Masternode           2 to Staker             1 to Budget          Monthly Budget: 43200               Yrly Coin Cap: 2628000


[Coin Supply after 4.5 yrs on 159408000]




More details to follow when the Proposal is Active and Available for Voting

Ah ha!  I see you realized you would never be able to guarantee that masternodes are a better investment than staking with the approach you had originally taken.  I was curious to see what you would come up with to solve the problem.

I think you are on the right track to a solution but it's not quite there yet.  There is one crucial thing you are forgetting.

You don't want a ratio of 3 staking addresses per masternode because not all staking addresses are created equal, while all masternodes are.  Individual addresses can contain any number of coins.  Obviously an addresses holding 1 DNET should not be treated the same as an address holding 1,000,000 DNET.

What you want is to ensure that a 10,000 DNET investment into a masternode pays out on average exactly 3x what you would receive from staking those same 10,000 DNET.  Thankfully, POS 2.0 and a flat reward should provide a fairly simply mechanism for achieving this.

Since POS 2.0 removes coinage from the equation, a given number of DNET is going to add the same amount of weight to the network no matter how old the coins are.  Start by counting how many coins are locked up in masternodes.  This is a simple calculation that I trust I don't need to spell out.  Now figure out how much weight that would put on the network IF those coins were staking instead of in masternodes.  Since we are talking about PoS 2.0, network weight should simply be equal to the number of maturing and actively staking coins, but I think I have seen a few random PoS 2.0 represent network weight by running the number of actively staking coins through some sort of seemingly arbitrary multiplier.  But I digress.....

Anyway, take the theoretical network weight of the masternode coins and multiply it by 3.  This should be the weight of the actual active PoS network if we are in a perfectly balanced and ideal 3:1 ratio of masternode:PoS rewards.  Each coin that is locked up in a masternode is getting 3x the ROI a staking coin is, and rewards can be as you outlined above.

Of course, in the real world, that perfect balance will never be maintained.  You would need to compare the actual PoS network weight to the theoretical ideal PoS network weight (which, again, is 3 times the weight that the masternode coins would provide if staking) and adjust the rewards every block according to how much those 2 numbers differ.

I hope this all makes sense.  I felt like I could be explaining this clearer but am not finding the right words.
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