[MOJO] MOJOv3 has been taken over by new devs

[paolo77]

I have create a full node on VPS !!  coinwallet  is full node but If  all deposited them not increases the number of active nodes!

[1715016117]

1715016117

[1715016117]

1715016117

[1715016117]

1715016117

[EBK1000]

I have create a full node on VPS !!  coinwallet  is full node but If  all deposited them not increases the number of active nodes!

Have you checked the block explorer? There are 56 nodes showing right now:
addnode=104.255.33.102
addnode=109.101.225.75
addnode=109.235.65.160
addnode=125.16.73.46
addnode=144.76.80.131
addnode=176.214.231.188
addnode=176.37.23.74
addnode=176.50.223.17
addnode=178.32.53.53
addnode=178.33.203.157
addnode=178.7.9.238
addnode=185.65.135.227
addnode=188.115.9.102
addnode=191.237.170.168
addnode=193.192.37.135
addnode=197.231.221.211
addnode=2.103.5.181
addnode=202.80.215.47
addnode=217.12.204.104
addnode=217.38.130.94
addnode=23.227.190.207
addnode=24.231.65.219
addnode=31.163.106.97
addnode=5.9.67.48
addnode=52.91.196.106
addnode=61.2.78.185
addnode=61.216.121.26
addnode=62.158.84.149
addnode=65.19.167.130
addnode=77.106.70.104
addnode=77.247.181.163
addnode=77.59.146.207
addnode=78.63.207.76
addnode=79.117.81.141
addnode=79.157.253.127
addnode=79.251.128.175
addnode=79.251.130.236
addnode=80.109.180.249
addnode=81.33.96.75
addnode=85.26.186.104
addnode=85.95.178.5
addnode=85.95.179.162
addnode=86.187.170.59
addnode=86.5.28.9
addnode=88.86.78.46
addnode=90.190.173.193
addnode=91.158.231.123
addnode=91.202.134.96
addnode=91.50.178.43
addnode=92.124.120.249
addnode=92.223.185.250
addnode=93.115.95.206
addnode=94.52.19.22
addnode=95.133.40.160
addnode=95.181.73.23
addnode=97.97.227.235

[EBK1000]

CHANCE TO GET SOME FREE MOJO

Whilst we are waiting for our own Twitter tip bot to arrive I have linked our Twitter account: https://twitter.com/Mojodevs - @Mojodevs to the tip bot at Coinwallet.co

Sign up at Coinwallet.co and link your Twitter account to receive tips for good Tweets mentioning @Mojodevs #Mojocoin

So, if you compose some good Tweets you will receive Mojotips, more retweets attracts a higher tip....

Not to say that every Tweet will receive a tip, it needs to be something good.

[paolo77]

Oops, sorry, I thought that with more nodes there would be greater support to the network !!
I close the full node and deposit all  on Coinwallet.co .

[EBK1000]

I have received a lot of questions about staking of the Mojocoin wallet and I have made a quick overview over the main factors affecting staking.
I will try to slowly establish a Wiki as I realise that there may be many newcomers who are interested in Mojocoin and who have little experience of cryptos.

The stake system is based on coin age so that the higher your coin age for an address the more likely you are to ‘sign’ a block and get a stake reward. The minimum time you need to hold the coins ‘still’ in the address is 24 hours and the maximum is 30 days. After 30 days you reach the highest probability of ‘signing’ a block and the probability doesn’t decrease until you have ‘signed’ a block. Coin age is simply defined as the amount of currency times the holding period.

The coins that are eligible to stake needs to be ‘still’ in the address, i.e. not been in a transaction. If the coins are involved in a transaction the coin age is reset to zero.

At the moment the network is not in an ideal state as my wallet holds all the ICO coins and only a small fraction has been distributed. Nevertheless, if you have a look around the block explorer you will see that blocks are minted by proof-of-stake. After the final distribution the network will stabilise and block times will be stable.

In the illustration above the following terms indicate your chance of getting a stake reward.

(1) netstakeweight : 8698.58257276
This is an estimation of the total active stakeholders weight (in coin*day units) and gives an indication as to how many ‘mature’ coins there are in the network competing to sign the next block and get a stake reward.

(2) "stakeweight" : {
"minimum": 2319986897,
"maximum": 0,
"combined": 2319986897}
These numbers indicate your stake weight, i.e your coin age

It's hard to predict when you get a stake as it is a bit like a lottery but the higher your stake weight the greater your chances.

If you want to understand more about proof-of-stake please read the Peercoin white paper as this is one of the first implementations of proof-of-stake and Mojocoin works in a similar way:
https://peercoin.net/assets/paper/peercoin-paper.pdf

[EBK1000]

Livecoin has been confirmed to list Mojocoin from the start, i.e. after the ICO ends

[Bank_sy]

1:1 swap for old mojo? but everyone got old mojo for free. Why do people have to pay btc to get mojo now?

[EBK1000]

1:1 swap for old mojo? but everyone got old mojo for free. Why do people have to pay btc to get mojo now?

The new Mojocoin has been released as an ICO due to costs and also to ensure future development and to ensure a fraud free distribution and distribution beyond just Bitcointalk members. This is explained in the OP. We decided to "swap" the 2mill or so MOJOs distributed last year 1:1 to acknowledge the initial support. We had to move away from the Nxt chain to be able to create a coin as we wanted to create it. We are now in a position to develop this coin into something lasting and good. The ICO price is very low at 42 sats now and my guess is that the price on listing will be higher.

We would not be able to do what we want without some funds. I think it's fair when you will see what we will do with this project.

[davide72]

1:1 swap for old mojo? but everyone got old mojo for free. Why do people have to pay btc to get mojo now?

The new Mojocoin has been released as an ICO due to costs and also to ensure future development and to ensure a fraud free distribution and distribution beyond just Bitcointalk members. This is explained in the OP. We decided to "swap" the 2mill or so MOJOs distributed last year 1:1 to acknowledge the initial support. We had to move away from the Nxt chain to be able to create a coin as we wanted to create it. We are now in a position to develop this coin into something lasting and good. The ICO price is very low at 42 sats now and my guess is that the price on listing will be higher.

We would not be able to do what we want without some funds. I think it's fair when you will see what we will do with this project.

That sound very good dev!

[stan86]

Livecoin has been confirmed to list Mojocoin from the start, i.e. after the ICO ends

Good news! and good luck!!

[fartbags]

EBK1000 is a good developer. I will buy some of this.

[EBK1000]

ROAD MAP / TECH UPDATE

We are providing you all with our first tech update and the features you will see in the next version of Mojocoin. We are determined to provide you with a crypto that has excellent privacy features and we have started work on the next version of the Mojocoin wallet with this in mind. We can announce:

Native Tor client in the Mojocoin codebase
We have decided to implement a native Tor client in the codebase of Mojocoin such that all the wallets will run Tor as best practise and so that when the old wallets are phased out the whole of the Mojocoin network will run natively using the built in Tor client. We felt that this would increase privacy and provide a better user experience in contrast with the Bitcoin Core 0.12.0 implementation where you need to install Tor along with the wallet software.

Native Stealth Addresses
We are also implementing native stealth addresses which are a modified form of a multi signature transaction, where the receiving address is obscured. When the coins are spent, there's no way to link the UTXO to the originating transaction however complete cryptographic fungibility is retained.

There will be no complicated settings, Tor will run automatically and the stealth addresses will replace the normal addresses so from a user point of view everything appears the same but your transactions will be private.

libsecp256k1
ECDSA signatures inside transactions will now use libsecp256k1 instead of OpenSSL for validation. This means faster transaction validation and block indexing.

...and a slight redesign of the wallet....

[EBK1000]

2nd Block Explorer up: LINK

This is a block explorer from PressTab which has slightly different network stats. It's good to have at least two explorers that show the network in different ways.

[P-Funk]

What's the optimum output size for staking MOJO?

[yavuzc78]

Mojo Coin Faucet

http://altcoinix.com/faucets/mojocoin

Please Make it Live

[ttookk]

ROAD MAP / TECH UPDATE

(snip)

Native Stealth Addresses
We are also implementing native stealth addresses which are a modified form of a multi signature transaction, where the receiving address is obscured. When the coins are spent, there's no way to link the UTXO to the originating transaction however complete cryptographic fungibility is retained.

There will be no complicated settings, Tor will run automatically and the stealth addresses will replace the normal addresses so from a user point of view everything appears the same but your transactions will be private.

(snip)

Hey, this is an idea i just had and excuse me if it is a stupid one(not a dev), but since transactions can be theoretically traced by the amount sent as well (since this can be a very unique number), how about implementing a feature, that…
1. …allows only fixed amounts of mojocoins to be sent ( such as 10 mojo, 100 mojo, etc., like bank notes)
2. …chops a transaction into multiple transactions consisiting of aforementioned fixed amounts, sent over a longer period of time, i.e. spreading the transation over multiple blocks and maybe even sending them to multiple adresses to prevent tracing… wait, is this mixing?
ok, nevermind…

[EBK1000]

Mojo Coin Faucet

http://altcoinix.com/faucets/mojocoin

Please Make it Live

How does this faucet work? i.e. how frequently can you claim and how much etc.?

[EBK1000]

ROAD MAP / TECH UPDATE

(snip)

Native Stealth Addresses
We are also implementing native stealth addresses which are a modified form of a multi signature transaction, where the receiving address is obscured. When the coins are spent, there's no way to link the UTXO to the originating transaction however complete cryptographic fungibility is retained.

There will be no complicated settings, Tor will run automatically and the stealth addresses will replace the normal addresses so from a user point of view everything appears the same but your transactions will be private.

(snip)

Hey, this is an idea i just had and excuse me if it is a stupid one(not a dev), but since transactions can be theoretically traced by the amount sent as well (since this can be a very unique number), how about implementing a feature, that…
1. …allows only fixed amounts of mojocoins to be sent ( such as 10 mojo, 100 mojo, etc., like bank notes)
2. …chops a transaction into multiple transactions consisiting of aforementioned fixed amounts, sent over a longer period of time, i.e. spreading the transation over multiple blocks and maybe even sending them to multiple adresses to prevent tracing… wait, is this mixing?
ok, nevermind…

You are right that the amounts could be traced and there are several proposes solutions to this. You mean something like CoinJoin? I am not sure about the fixed amounts because it would be difficult to make a payment of a specific sum, in fiat money you have pennies as well, right?

What we are thinking about now is Confidential Transactions (https://leastauthority.com/blog/zerocash_and_confidential_transactions.html) where the amount and details of the transaction is only known by the two parties making the transaction but that it can be verified by the network without the network knowing the amount being sent. This is likely to come in the next version.

Once we have the Tor and stealth running, hopefully by the end of next week if all goes well, we will start working on Confidential Transactions (CT). This hasn't really been implemented before and is fairly experimental so there is a balance to be found between running a stable network and extreme privacy.

If the testing of CT works we will implement it and I believe that would make Mojo the most anonymous crypto in the market with CT, stealth and native Tor. We will then have achieved one goal, privacy and we can start work on the next layer.

[EBK1000]

MASTERNODES
We would like to get some feedback around masternodes. It appears to be a good idea to offer masternodes to reward long term stakers with some minimum balance to stabilise the network. They may also serve additional functions in the future.

So, what would be a fair amount of MOJO to hold and for how long to benefit from a masternode. Also, how many masternodes would there be and what portion of the stake reward is fair.

[ttookk]

ROAD MAP / TECH UPDATE

(snip)

Native Stealth Addresses
We are also implementing native stealth addresses which are a modified form of a multi signature transaction, where the receiving address is obscured. When the coins are spent, there's no way to link the UTXO to the originating transaction however complete cryptographic fungibility is retained.

There will be no complicated settings, Tor will run automatically and the stealth addresses will replace the normal addresses so from a user point of view everything appears the same but your transactions will be private.

(snip)

Hey, this is an idea i just had and excuse me if it is a stupid one(not a dev), but since transactions can be theoretically traced by the amount sent as well (since this can be a very unique number), how about implementing a feature, that…
1. …allows only fixed amounts of mojocoins to be sent ( such as 10 mojo, 100 mojo, etc., like bank notes)
2. …chops a transaction into multiple transactions consisiting of aforementioned fixed amounts, sent over a longer period of time, i.e. spreading the transation over multiple blocks and maybe even sending them to multiple adresses to prevent tracing… wait, is this mixing?
ok, nevermind…

You are right that the amounts could be traced and there are several proposes solutions to this. You mean something like CoinJoin? I am not sure about the fixed amounts because it would be difficult to make a payment of a specific sum, in fiat money you have pennies as well, right?

What we are thinking about now is Confidential Transactions (https://leastauthority.com/blog/zerocash_and_confidential_transactions.html) where the amount and details of the transaction is only known by the two parties making the transaction but that it can be verified by the network without the network knowing the amount being sent. This is likely to come in the next version.

Once we have the Tor and stealth running, hopefully by the end of next week if all goes well, we will start working on Confidential Transactions (CT). This hasn't really been implemented before and is fairly experimental so there is a balance to be found between running a stable network and extreme privacy.

If the testing of CT works we will implement it and I believe that would make Mojo the most anonymous crypto in the market with CT, stealth and native Tor. We will then have achieved one goal, privacy and we can start work on the next layer.

I am very new to the game and have no programmign skills, so lots of the ideas i have turn out to be old news, impossible or flawed. This may be one of them. I apologize for being so bold.
What i was thinking about were single use wallets, that only allow you to fill them with a certain amount and you can only spend them at once. Think of them as bank notes. Let's say you want to pay 5500 MOJO. You create five 1000 MOJO wallets and one 500 MOJO wallet. So, instead of one transaction, you have six. These six transactions could also go to six wallets on the other end. By sending them through TOR and spreading them over several blocks, ideally being one of many transactions, it should be close to impossible to link those six transactions to a single recipient (that's what i hope, at least).