[ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN

[q327K091]

too early in the development of the coin to force anyone to do anything (my opinion) let anyone and at anytime spin as many nodes as possible , master node network growth is imperative but I do understand active participation also is imperative but yeah let it be more organic and free I feel... as much as humanly possible

update: upped master node # to 83 , waiting for next batch in 3 to 4 weeks and we repeat for linear growth on my side

[1714002048]

1714002048

[1714002048]

1714002048

[jakiman]

Yeah. Nothing is decided yet on the masternode voting of course. Still just brain storming ideas. I guess people need to understand that although it hasn't been an issue yet, it can become very important when a controversial proposal is made and couple of big whales vote YES to make it pass. (Not even sure DNET has such big whales yet) Heck, just look at the voting right now on the current proposals. We have nearly 1500 masternodes yet some proposals only have 200 votes.  However, I do understand that some people prefer to be passive and that should also be allowed considering that owning and running a masternode without voting is already doing good for the coin. So yeah, I would think that nothing will be decided just by the devs alone. I assume we will end up with multiple proposals for how we could go about improving the voting participation. Then let the masternode owners vote on what they want or don't want. That would be the fairest.

[berron]

BTW, there is an important discussion regarding masternode voting and incentives / penalties around its participation on slack.
Essentially we want to ensure that everyone who owns masternodes vote on every proposal whenever possible.

My idea was to kick off the masternodes that don't vote in time off the network. (so those non-vote MN will go into MISSING status) This would mean the non-voters will need to restart them. But until they do, the remaining MN's (that voted) will get rewarded with a bigger share of the reward due to reduction is total MN count. Hence it would penalize the non-voters but reward the voters at the same time using the existing system.

This is just one of the ideas. If you have a great idea, feel free to share here or on slack.

i'm sceptical about this. i run ~5% of the current mn count and for some proposals there are not enough information for me to vote.
tbh I don't like the idea to be forced to vote yes or no.

at least i  need a warning before my nodes go missing cuz of missing votes so i would vote anything (not useful in my opinion)
maybe  some sort of abstention from voting or adopt a neutral position can be a option? not sure

I think it also goes against the economical freedom cryptos try to represent. To be forced to vote sounds more to north korean puppet elections than to a free liberal system... I don't like the idea, maybe a small "bonus" for the MN's which vote, but not penalties and similar.

[suukool]

Official Website is now online also!
http://darknet-crypto.com

I have 2 proposals for site design:
1. Background of top slider is transparent but the text shouldn't be transparent.
2. Dark-red text is hard to read on dark-grey background. It's better to change it to something more contrast.

Agreed. I can do a site redesign for a bounty

[berron]

Seems that we already have a web developer and a proposal for that...

Website Development: (jk9694 is working on this project)
BTC: 1ECVPTMjTR8KAiG1CprN5p5Tt7LRCRE5CA
DNET: DPLjVTdcr1mVhx9P19bma2SYpDEbgsVwyc

Maybe filipino translation??? 

[borris123]

Seems that we already have a web developer and a proposal for that...

Website Development: (jk9694 is working on this project)
BTC: 1ECVPTMjTR8KAiG1CprN5p5Tt7LRCRE5CA
DNET: DPLjVTdcr1mVhx9P19bma2SYpDEbgsVwyc

Maybe filipino translation???  

translations in other languages would be a goo thing. then theirs the up keep of it tho?

ccoinpayments needs adding on main op as payment processor

[berron]

Only joking, borris 

OTOH, is not already added or I'm missing something?

https://www.coinpayments.net/supported-coins

Salute

[jakiman]

I think it also goes against the economical freedom cryptos try to represent. To be forced to vote sounds more to north korean puppet elections than to a free liberal system... I don't like the idea, maybe a small "bonus" for the MN's which vote, but not penalties and similar.

Well, forced voting happens here in Australia also. (you get fined if you don't)

But yeah, forced voting isn't what I want either really. I think increased awareness of new & existing proposals should be a priority.
Not sure what the best way for this is either yet. But something wallet based (proposals tab, alerting optioned ect.) would be best?
Also, there are talks of extra reward for masternodes that vote. But we also don't want extra inflation. So this seems a little tricky.

[berron]

Yes, it could be tricky, maybe any way to make MN's which vote to gain some posts in reward queue?? I don't know. But I prefer reward than penalty. And the tab in the wallet or similar could be a good idea.

Do you really have to vote to not be fined in AUS???  Oh, shit....

[DRPD]

I think it also goes against the economical freedom cryptos try to represent. To be forced to vote sounds more to north korean puppet elections than to a free liberal system... I don't like the idea, maybe a small "bonus" for the MN's which vote, but not penalties and similar.

Well, forced voting happens here in Australia also. (you get fined if you don't)

wow i did not know that, i even learn some general knowledge in this forum nice 

But yeah, forced voting isn't what I want either really. I think increased awareness of new & existing proposals should be a priority.
Not sure what the best way for this is either yet. But something wallet based (proposals tab, alerting optioned ect.) would be best?

that would be ok for me, but i still would voting anything with this solution and i would recommend additional information for proposals
atm there are not enough information for many proposals to make a founded decision for me

what is the target, how exaclty looks the solution (in-wallet announcements for example) and so on

Also, there are talks of extra reward for masternodes that vote. But we also don't want extra inflation. So this seems a little tricky.

not my favorite solution

[q327K091]

Yeah. Nothing is decided yet on the masternode voting of course. Still just brain storming ideas. I guess people need to understand that although it hasn't been an issue yet, it can become very important when a controversial proposal is made and couple of big whales vote YES to make it pass. (Not even sure DNET has such big whales yet) Heck, just look at the voting right now on the current proposals. We have nearly 1500 masternodes yet some proposals only have 200 votes.  However, I do understand that some people prefer to be passive and that should also be allowed considering that owning and running a masternode without voting is already doing good for the coin. So yeah, I would think that nothing will be decided just by the devs alone. I assume we will end up with multiple proposals for how we could go about improving the voting participation. Then let the masternode owners vote on what they want or don't want. That would be the fairest.

got you, let me be honest I feel best thing for self (of course lol) but in general for the organic growth is growing critical mass of mn's so I just acquired and mined early large dnet stash and injected in , but never really voted so I will do so now and I am very very fair I see these votes and will cast em not even driven if payments have to go up POS go down etc that is not what I will look for.. let me see what is being voted and do it...  and do it now! immediately no delay , sorry about and others should proceed as well believe we have several people sporting ~100 mn's

ok.. will push for "In-Wallet-Masternode" (as with this, any help around master nodes like tooling docs etc,  we shall corner the market, growing network is hard and if we do its $$$$ big time + security of course will also play huge role in crypto development around the network + market place commerce) current vote count stands @ 587

done 669 votes now for te proposal which will help us grow master node network even bigger!

and back on up @$680,850 market cap @ 4K volume... I am tellin u telling u will well us be envy of communities as others trade for pennies we lock dollars in the network while at the same time doing development...

I might actually pay for a proposal of grabbing an undergrad or grad CS student with interest in crypto and C++ skills to take a look at what we do here, will get back to ya all on this one...

[borris123]

top wallet on bittrex 1.2mil has pulled coins off the exchange. maybe staking or new masternodes coming?

seen the potential and not prepared to sell tho.

no point holding coins on exchange as well you may as well be staking.

[4x13]

Ok, let me explain a bit, one of the main issues in the masternode voting, is when only a few vote, then the budget control becomes very centralised. Dash is experiencing this right now. We don't want to go there. But as pointed out, we have put some work into an announcement panel inside the wallet for direct communications. This particular subject isn't something we are rushing into, there will be a lot more research, and number crunching before a serious option can be considered, but saying this... something will need to be changed to get more to vote.

Also, there is an option to abstain during voting. You do not have to vote only yes/no

So please let us hear your ideas, and solutions.

[NotMyFarm]

Ok, let me explain a bit, one of the main issues in the masternode voting, is when only a few vote, then the budget control becomes very centralised. Dash is experiencing this right now. We don't want to go there. But as pointed out, we have put some work into an announcement panel inside the wallet for direct communications. This particular subject isn't something we are rushing into, there will be a lot more research, and number crunching before a serious option can be considered, but saying this... something will need to be changed to get more to vote.

Also, there is an option to abstain during voting. You do not have to vote only yes/no

So please let us hear your ideas, and solutions.

same old discussion over at Dash
i still belive you can not enforce voting
ether they do or they dont
it is the responsibility of the network / Mn's to vote
u could try to have a tip go out per vote
but i do not belive in that and would leave as is

There is a report from Charles ETC - IOHK on the Dash Treasury Model
interesting read - some mistakes in there (as based on old system)
https://iohk.io/research/library/#NSJ554WR

[Kushedout]

Ok, let me explain a bit, one of the main issues in the masternode voting, is when only a few vote, then the budget control becomes very centralised. Dash is experiencing this right now. We don't want to go there. But as pointed out, we have put some work into an announcement panel inside the wallet for direct communications. This particular subject isn't something we are rushing into, there will be a lot more research, and number crunching before a serious option can be considered, but saying this... something will need to be changed to get more to vote.

Also, there is an option to abstain during voting. You do not have to vote only yes/no

So please let us hear your ideas, and solutions.

same old discussion over at Dash
i still belive you can not enforce voting
ether they do or they dont
it is the responsibility of the network / Mn's to vote
u could try to have a tip go out per vote
but i do not belive in that and would leave as is

There is a report from Charles ETC - IOHK on the Dash Treasury Model
interesting read - some mistakes in there (as based on old system)
https://iohk.io/research/library/#NSJ554WR

I believe given enough financial incentive or penalty.. they will vote.
Extreme case scenario, 0 rewards for none voters, watch them all vote or drop like flies.
With MasterNode rewards, comes responsibilities. Just like an employee, you don't complete your responsibilities, you get (fired) no rewards.

[Adykingcity]

I think price will be back to 500-600 satoshi.

[jakiman]

I think price will be back to 500-600 satoshi.

Dang. Was hoping more like 300-400 so I can buy a whole lot more cheap.

[NotMyFarm]

Ok, let me explain a bit, one of the main issues in the masternode voting, is when only a few vote, then the budget control becomes very centralised. Dash is experiencing this right now. We don't want to go there. But as pointed out, we have put some work into an announcement panel inside the wallet for direct communications. This particular subject isn't something we are rushing into, there will be a lot more research, and number crunching before a serious option can be considered, but saying this... something will need to be changed to get more to vote.

Also, there is an option to abstain during voting. You do not have to vote only yes/no

So please let us hear your ideas, and solutions.

same old discussion over at Dash
i still belive you can not enforce voting
ether they do or they dont
it is the responsibility of the network / Mn's to vote
u could try to have a tip go out per vote
but i do not belive in that and would leave as is

There is a report from Charles ETC - IOHK on the Dash Treasury Model
interesting read - some mistakes in there (as based on old system)
https://iohk.io/research/library/#NSJ554WR

I believe given enough financial incentive or penalty.. they will vote.
Extreme case scenario, 0 rewards for none voters, watch them all vote or drop like flies.
With MasterNode rewards, comes responsibilities. Just like an employee, you don't complete your responsibilities, you get (fired) no rewards.

sure
but what kind of 'democratic' system is that where u force people to be democratic and vote ?

[kokokoin]

*****kokokoin CPAH0NXMCAXV0NO2DXLAUJWTUD is the WINNER!!*****

Wow, thanks! Didn't expect this to happen.

BTW, i have same problem with zero masternode reward: http://www.presstab.pw/phpexplorer/DNET/tx.php?tx=649c6bda6cb2e49f0b3081c852f44097ee8b62697dacc28fb8bb5fea1f0db7d9

As for masternode voting, i think it's better to make in-wallet interface for voting with all your masternodes instead of forcing to vote.

[borris123]

I think price will be back to 500-600 satoshi.

Dang. Was hoping more like 300-400 so I can buy a whole lot more cheap.

If it dips below 1000 it will soon shoot back up. Time to buy is now in this dip.