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Author Topic: ARK - DPoS 🔹 ARK Protokol 🔹 MarketSquare 🔹 IPFS 🔹 Staking on Binance 🔹  (Read 781277 times)
unsoindovo
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March 28, 2017, 11:23:41 AM
 #7021

i'm really curious to check the ARK price tomorrow morning!!!
I think the price should not change...
who had collected coins to become a delegate or to vote and get shares... it already done it.
but never say never..

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QualityAlts
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March 28, 2017, 11:24:05 AM
 #7022

OK.  If I vote with 30,000 ARK, does anyone else have access to my coins including the delegate?  I'm trying to figure out if holding all your coins on a delegate thing is a security risk.
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March 28, 2017, 11:27:42 AM
 #7023

OK.  If I vote with 30,000 ARK, does anyone else have access to my coins including the delegate?  I'm trying to figure out if holding all your coins on a delegate thing is a security risk.

No, the coins are yours and yours alone. But they only count as votes as long as you keep them in the wallet you voted with.
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March 28, 2017, 11:27:55 AM
 #7024

OK.  If I vote with 30,000 ARK, does anyone else have access to my coins including the delegate?  I'm trying to figure out if holding all your coins on a delegate thing is a security risk.
All the ARK in your wallet is counted as votes towards your delegate. Selecting the delegate costs 1 ARK.

For example, as seen in https://www.arknode.net/VoteReport.txt, someonesomeone has only one voter yet has 604,033 votes. That is because that voter has 604,033 ARK in their wallet.
No one can access that ARK except the voter themself.

Holding: Bitcoin | Ethereum | Ark
QualityAlts
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March 28, 2017, 11:36:22 AM
 #7025

OK.  So is it better to vote for a delegate with the least amount of ARK so that the ARK coins I vote with are a higher percentage of the total ARK for that delegate?

For example: Would it make more sense for someone to vote for ondin rather than dafty or arknet since ondin's delegate only has about 300,000 ARK coins while dafty's and arknet's have about 635,000 and 770,000?  This way your ARK coins would make up a bigger percentage of the total delegates' ARK coins?  Or is there a downside to voting for a delegate with less votes (assuming they stay within the top 51)?
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March 28, 2017, 11:41:17 AM
 #7026

OK.  So is it better to vote for a delegate with the least amount of ARK so that the ARK coins I vote with are a higher percentage of the total ARK for that delegate?

For example: Would it make more sense for someone to vote for ondin rather than dafty or arknet since ondin's delegate only has about 300,000 ARK coins while dafty's and arknet's have about 635,000 and 770,000?  This way your ARK coins would make up a bigger percentage of the total delegates' ARK coins?  Or is there a downside to voting for a delegate with less votes (assuming they stay within the top 51)?

Yes, it's better to vote for a delegate with less votes, so your votes count for a bigger %.

But... :
1. Not all delegates give the same % of rewards to voters. It's anywhere from 40-100%
2. Some delegates don't even give it out proportionaly. I saw one that has kind of a lottery every time. Winner takes all.
3. Delegates on the bottom of the 51 have a big chance of dropping out, so you risk getting 0.
QualityAlts
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March 28, 2017, 12:06:25 PM
 #7027

OK.  So is it better to vote for a delegate with the least amount of ARK so that the ARK coins I vote with are a higher percentage of the total ARK for that delegate?

For example: Would it make more sense for someone to vote for ondin rather than dafty or arknet since ondin's delegate only has about 300,000 ARK coins while dafty's and arknet's have about 635,000 and 770,000?  This way your ARK coins would make up a bigger percentage of the total delegates' ARK coins?  Or is there a downside to voting for a delegate with less votes (assuming they stay within the top 51)?

Yes, it's better to vote for a delegate with less votes, so your votes count for a bigger %.

But... :
1. Not all delegates give the same % of rewards to voters. It's anywhere from 40-100%
2. Some delegates don't even give it out proportionaly. I saw one that has kind of a lottery every time. Winner takes all.
3. Delegates on the bottom of the 51 have a big chance of dropping out, so you risk getting 0.
OK.  Assuming 2 delegates both don't drop out of top 51, both give out the same %, and my votes contribute the same percentage to both...Would that mean I'll get the exact same results no matter which one I vote for or is it like Bitcoin mining where different people can get much more/less Bitcoin depending on other factors (eg. like how powerful their hardware is)?
Totscha
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March 28, 2017, 12:11:30 PM
 #7028

OK.  So is it better to vote for a delegate with the least amount of ARK so that the ARK coins I vote with are a higher percentage of the total ARK for that delegate?

For example: Would it make more sense for someone to vote for ondin rather than dafty or arknet since ondin's delegate only has about 300,000 ARK coins while dafty's and arknet's have about 635,000 and 770,000?  This way your ARK coins would make up a bigger percentage of the total delegates' ARK coins?  Or is there a downside to voting for a delegate with less votes (assuming they stay within the top 51)?

Yes, it's better to vote for a delegate with less votes, so your votes count for a bigger %.

But... :
1. Not all delegates give the same % of rewards to voters. It's anywhere from 40-100%
2. Some delegates don't even give it out proportionaly. I saw one that has kind of a lottery every time. Winner takes all.
3. Delegates on the bottom of the 51 have a big chance of dropping out, so you risk getting 0.
OK.  Assuming 2 delegates both don't drop out of top 51, both give out the same %, and my votes contribute the same percentage to both...Would that mean I'll get the exact same results no matter which one I vote for or is it like Bitcoin mining where different people can get much more/less Bitcoin depending on other factors (eg. like how powerful their hardware is)?

Yes, in that case it's all the same. With POS (proof of stake) money is power Smiley
kolap
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March 28, 2017, 12:13:57 PM
 #7029

OK.  So is it better to vote for a delegate with the least amount of ARK so that the ARK coins I vote with are a higher percentage of the total ARK for that delegate?

For example: Would it make more sense for someone to vote for ondin rather than dafty or arknet since ondin's delegate only has about 300,000 ARK coins while dafty's and arknet's have about 635,000 and 770,000?  This way your ARK coins would make up a bigger percentage of the total delegates' ARK coins?  Or is there a downside to voting for a delegate with less votes (assuming they stay within the top 51)?

Yes, it's better to vote for a delegate with less votes, so your votes count for a bigger %.

But... :
1. Not all delegates give the same % of rewards to voters. It's anywhere from 40-100%
2. Some delegates don't even give it out proportionaly. I saw one that has kind of a lottery every time. Winner takes all.
3. Delegates on the bottom of the 51 have a big chance of dropping out, so you risk getting 0.
OK.  Assuming 2 delegates both don't drop out of top 51, both give out the same %, and my votes contribute the same percentage to both...Would that mean I'll get the exact same results no matter which one I vote for or is it like Bitcoin mining where different people can get much more/less Bitcoin depending on other factors (eg. like how powerful their hardware is)?

Yes, in that case it's all the same. With POS (proof of stake) money is power Smiley

More money more problem, LOL

bikerleszno
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March 28, 2017, 12:15:22 PM
 #7030

Anyone want join my delegate with same or similar amount of arks like 230k ?

XBY - New Technology Coin (POSIGN) - https://xtrabytes.global
Telegram Group - https://t.me/xtrabytes_official
QualityAlts
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March 28, 2017, 12:21:42 PM
 #7031

Hmmm, I guess I'm still not understanding something.  If all that is correct, then why do the delegates with high sharing % and low votes have so little votes?  Wouldn't everyone want to join high sharing and little votes so they can receive much more ARK?

Eg.  Anamix (https://forum.ark.io/topic/184/anamix-delegate-70-sharing-profit-pool) has a higher share pool than many in the top 51, why would people not be voting for him if his share % is good?

I don't understand what the "catch" is for voting for some of the bigger delegates.  It seems you get much less with them because your votes are smaller percent and some don't offer high sharing yet so many people vote for them.  I'd like to understand why so I can decide who to vote my 30,000 ARK for.
kiashaan
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March 28, 2017, 12:32:48 PM
 #7032

Hey man! this is fantastic job Smiley , i loved! :





.

Thank's Giagge for all

btvGainer
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March 28, 2017, 12:48:58 PM
 #7033

Each vote cost 1 Ark if I vote and after few days decide to un vote,will I get back my ARK?
I have a very small amount of ark I.e only 8k, which delegate should I vote for (top one or someone from middle) to get best results?
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March 28, 2017, 12:51:40 PM
 #7034

Each vote cost 1 Ark if I vote and after few days decide to un vote,will I get back my ARK?
I have a very small amount of ark I.e only 8k, which delegate should I vote for (top one or someone from middle) to get best results?

https://blog.ark.io/lets-forge-some-ark-rewards-kick-in-at-block-75-600-abe2e7bf2b98

https://forum.ark.io/category/5/delegates

Spoon feeding session is over.

Use your freedom and decide for yourself  Wink
QualityAlts
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March 28, 2017, 12:59:05 PM
 #7035

Each vote cost 1 Ark if I vote and after few days decide to un vote,will I get back my ARK?
I have a very small amount of ark I.e only 8k, which delegate should I vote for (top one or someone from middle) to get best results?
Good questions.

It doesn't make sense to me yet.  Some delegates only share 50 or 55% and others share 75% or more yet the delegates which share LESS ARK have much more votes and voters than the ones that share MORE ARK.  How does that make any logical sense???
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March 28, 2017, 01:01:05 PM
 #7036

https://www.arknode.net/VoteReport.txt
To be qualify for one of 51 delegate it would cost around $15,000 and growing
Everything is expensive these days.
I hope I didn't sell some of my ARK, most regretted I ever made.

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March 28, 2017, 01:10:54 PM
 #7037

Each vote cost 1 Ark if I vote and after few days decide to un vote,will I get back my ARK?
I have a very small amount of ark I.e only 8k, which delegate should I vote for (top one or someone from middle) to get best results?
Good questions.

It doesn't make sense to me yet.  Some delegates only share 50 or 55% and others share 75% or more yet the delegates which share LESS ARK have much more votes and voters than the ones that share MORE ARK.  How does that make any logical sense???

I see two reason just from the top of my head:

1. Because they started early, and usually have one big backer/voter (probably themselves). They don't need more votes (right now). No need to offer bigger rewards... People just registering nodes need some way to attract new votes. Greed is always a good ally...

2. Some people honestly believe in backing the community and support nodes that will give a % of the income into developing services. They are not only looking for short term profit, but think of it as a long term investment...

P.S. Don't try to understand everything. You'll go nuts Wink
somogyipeti
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March 28, 2017, 01:12:58 PM
 #7038

Hi devs!

When starts the forging on the Ark mainnet?
freemind1
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March 28, 2017, 01:14:07 PM
 #7039

Hi devs!

When starts the forging on the Ark mainnet?

In a few hours.
QualityAlts
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March 28, 2017, 01:24:08 PM
 #7040

Each vote cost 1 Ark if I vote and after few days decide to un vote,will I get back my ARK?
I have a very small amount of ark I.e only 8k, which delegate should I vote for (top one or someone from middle) to get best results?
Good questions.

It doesn't make sense to me yet.  Some delegates only share 50 or 55% and others share 75% or more yet the delegates which share LESS ARK have much more votes and voters than the ones that share MORE ARK.  How does that make any logical sense???

I see two reason just from the top of my head:

1. Because they started early, and usually have one big backer/voter (probably themselves). They don't need more votes (right now). No need to offer bigger rewards... People just registering nodes need some way to attract new votes. Greed is always a good ally...

2. Some people honestly believe in backing the community and support nodes that will give a % of the income into developing services. They are not only looking for short term profit, but think of it as a long term investment...

P.S. Don't try to understand everything. You'll go nuts Wink
Thanks again Smiley I see, for other long-term projects, not just short-term profit-making.
I am in ARK for the future of ARK, not just profits.  I believe in it.

Final question.  I don't have an account with the ARK client yet (I just downloaded it but didn't set anything up) and therefore haven't voted for anyone yet.  Do I have to do all this before forging starts later today or can I do it tomorrow, next week, next month, etc.?
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