[ANN][HLM] HELIUM

[sirazimuth]

Well I hope Cryptopia is prepping for a huge influx of Helium transactions once they open market.
Something tells me there’s gonna be a sudden shitload of potential server crashing activity as
I’m assuming most of the community parked their spreadcoins there for snapshot rather than holding in local wallet.
In the meantime, I imagine there’s plenty of panties twirling ....

[plethora]

Do you have more or less HLM than you expected?
This happened to me. The address shown in my Spreadwallet wasn't the one where my SPR where during the snapshot due to change addresses being used by the wallet. Check the Spread explorer to find the correct address.

No. I have 6K spreadcoin during the snapshot. Held until around January 5, 2018, when I sold it. Now the balance that shows up on my account is still the one after January 5. (11 HLM).

It's the reason why I'm asking if the snapshot date has been moved.

The balance on your account, do you mean the HLM Wallet or Cryptopia?

[teela]

Do you have more or less HLM than you expected?
This happened to me. The address shown in my Spreadwallet wasn't the one where my SPR where during the snapshot due to change addresses being used by the wallet. Check the Spread explorer to find the correct address.

No. I have 6K spreadcoin during the snapshot. Held until around January 5, 2018, when I sold it. Now the balance that shows up on my account is still the one after January 5. (11 HLM).

It's the reason why I'm asking if the snapshot date has been moved.

The balance on your account, do you mean the HLM Wallet or Cryptopia?

Make sure to enable coin control in the SPR wallet and check whether you exported the correct keys. The 6k might be in a change address.

[tradingdisaster]

Sooo... weekend again, I guess that means no news from 'Topia till Monday, right?

[sirazimuth]

so I did the math....
and according to this calculator
in 2 days when block reward hits 5 coins per block  (25 times what it is currently... ie .2 coins/block)
at current difficulty, 1000 staked coins generates (.3688*25) or just over 9 coins a day.

hmmm, I'd venture to say the folks who held spreadcoins in local wallet at snapshot rather than Cryptopia
must be getting a warm fuzzy right about now....


https://www.heliumchain.info/#/pos/1000

[mandica]

so I did the math....
and according to this calculator
in 2 days when block reward hits 5 coins per block  (25 times what it is currently... ie .2 coins/block)
at current difficulty, 1000 staked coins generates (.3688*25) or just over 9 coins a day.

hmmm, I'd venture to say the folks who held spreadcoins in local wallet at snapshot rather than Cryptopia
must be getting a warm fuzzy right about now....


https://www.heliumchain.info/#/pos/1000

and I guess that the rest of us with coins in Cryptopia feel left behind by the team and feel that the team could have handled this better and not just put the blame on Cryptopia. So, some (a minority it seems) with a warm fuzzy feeling and the majority feel cheated. Not good I believe for the future. The team should have had all this dealt with before launching. It's too easy to just point the finger at Cryptopia.

[boomboom]

so I did the math....
and according to this calculator
in 2 days when block reward hits 5 coins per block  (25 times what it is currently... ie .2 coins/block)
at current difficulty, 1000 staked coins generates (.3688*25) or just over 9 coins a day.

hmmm, I'd venture to say the folks who held spreadcoins in local wallet at snapshot rather than Cryptopia
must be getting a warm fuzzy right about now....


https://www.heliumchain.info/#/pos/1000

and I guess that the rest of us with coins in Cryptopia feel left behind by the team and feel that the team could have handled this better and not just put the blame on Cryptopia. So, some (a minority it seems) with a warm fuzzy feeling and the majority feel cheated. Not good I believe for the future. The team should have had all this dealt with before launching. It's too easy to just point the finger at Cryptopia.

How can the helium devs make cryptopia exchange admins do anything, all they can do is ask, and nag, and I assume they're doing both everyday.

On another issues, is staking returns competitive with running masternode?

[mandica]

so I did the math....
and according to this calculator
in 2 days when block reward hits 5 coins per block  (25 times what it is currently... ie .2 coins/block)
at current difficulty, 1000 staked coins generates (.3688*25) or just over 9 coins a day.

hmmm, I'd venture to say the folks who held spreadcoins in local wallet at snapshot rather than Cryptopia
must be getting a warm fuzzy right about now....


https://www.heliumchain.info/#/pos/1000

and I guess that the rest of us with coins in Cryptopia feel left behind by the team and feel that the team could have handled this better and not just put the blame on Cryptopia. So, some (a minority it seems) with a warm fuzzy feeling and the majority feel cheated. Not good I believe for the future. The team should have had all this dealt with before launching. It's too easy to just point the finger at Cryptopia.

How can the helium devs make cryptopia exchange admins do anything, all they can do is ask, and nag, and I assume they're doing both everyday.

On another issues, is staking returns competitive with running masternode?

I was thinking of a more professional approach than asking and nagging, where the devs talk to Cryptopia prior to launch and negotiate an agreement and maybe wait to release the wallets until Crytopia is ready to open the Helium market and deposits / withdrawals. Nagging sounds like a bunch of toddlers....

[teela]

so I did the math....
and according to this calculator
in 2 days when block reward hits 5 coins per block  (25 times what it is currently... ie .2 coins/block)
at current difficulty, 1000 staked coins generates (.3688*25) or just over 9 coins a day.

hmmm, I'd venture to say the folks who held spreadcoins in local wallet at snapshot rather than Cryptopia
must be getting a warm fuzzy right about now....


https://www.heliumchain.info/#/pos/1000

and I guess that the rest of us with coins in Cryptopia feel left behind by the team and feel that the team could have handled this better and not just put the blame on Cryptopia. So, some (a minority it seems) with a warm fuzzy feeling and the majority feel cheated. Not good I believe for the future. The team should have had all this dealt with before launching. It's too easy to just point the finger at Cryptopia.

Just to provide some perspective: the length of the reduced reward period was a result of an open discussion and the result was voted upon by the community, all in full knowledge that it was a mere guess and that the listing date would be up to Cryptopia's discretion. So there isn't really any room for finger pointing in that regard as well.

I have my coins on Cryptopia as well and I appreciate that the community decided to start with reduced rewards in the first place.

[tradingdisaster]

Just to provide some perspective: the length of the reduced reward period was a result of an open discussion and the result was voted upon by the community, all in full knowledge that it was a mere guess and that the listing date would be up to Cryptopia's discretion. So there isn't really any room for finger pointing in that regard as well.

I have my coins on Cryptopia as well and I appreciate that the community decided to start with reduced rewards in the first place.

I still have a hard time understanding why you'd release the wallet before Topia committed to a market open date or - if they'd not commit - wait till trading is open.

Esp. since you wrote earlier "We've been in contact with Cryptopia ever since main net went live and indeed they're always very fast to respond. There is no ETA yet but there will be more news on that later this week." - now the work week is over and no news. Don't know if it is again only on Discord, but at least nothing here.

[sirazimuth]

Topia is holding a boatload of staking coins...
the chain is live...hmmmmm....

fun fact...
just noticed 65 masternodes came on line between last night and today.


GO HELIUM...

[RzeroD]

Topia is holding a boatload of staking coins...
the chain is live...hmmmmm....

fun fact...
just noticed 65 masternodes came on line between last night and today.


GO HELIUM...

The stats on Helium are quite good

[PowerHemp]

so almost normal rewards are coming. no news in 2 weeks about cryptopia. thats unprofessional and absolut no fair start. im going to dump mine when market open and leave this project. good job waited over 1 year for nothing. THANKS DEV!

[teela]

richyjames has updated the Slack with regards to Cryptopia. They've reviewed the code and have found no issues. They'll continue with building the wallets and finalise the listing. There are no indications of protracted waiting and discussions with regards to time frames are in an immediate sense. richy has requested that Cryptopia stake the airdrop wallet and distribute the proceeds but whether that is a possibility in the first place is not in our hands of course. He has done everything possible.

richyjames has also asked me to thank everyone involved on his behalf. He hopes that we'll continue to work together as a community and treat eachother well. He's looking forward to see what Helium will achieve next.

[sirazimuth]

.... richy has requested that Cryptopia stake the airdrop wallet and distribute the proceeds ....

oh now that would be special.

[ninis45]

.... richy has requested that Cryptopia stake the airdrop wallet and distribute the proceeds ....

oh now that would be special.

and everyone is waiting for the wallet to finish and we believe helium will be one of the adult projects in its development because this project is probably the longest in preparing everything until now

[sumit.mathur101]

Topia is holding a boatload of staking coins...
the chain is live...hmmmmm....

fun fact...
just noticed 65 masternodes came on line between last night and today.


GO HELIUM...

The stats on Helium are quite good

https://image.ibb.co/iZYGie/masternodes.png

where did you get this ?

[RzeroD]

Topia is holding a boatload of staking coins...
the chain is live...hmmmmm....

fun fact...
just noticed 65 masternodes came on line between last night and today.


GO HELIUM...

The stats on Helium are quite good

[graph]

where did you get this ?

Helium explorer: https://www.heliumchain.info/#/statistics

[teela]

As a heads up: the chain is currently stuck at block 28000. We're looking at the best way to get things moving again. By the looks of it it is a minor issue. Will post an update here when we've decided on the fix.

[sirazimuth]

As a heads up: the chain is currently stuck at block 28000. We’re looking at the best way to get things moving again.

Just give it a karate chop and a good kick...that should sort it out....
...or maybe try turning it off then turning back on again....