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Question: Should we bring back the masternode feature to Solaris?
Yes
No

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Author Topic: 💥SOLARIS PLATFORM [XLR] 💥100% PoS /w Cold-Staking 💥Txbit.io exchange!  (Read 307652 times)
striker7334 2.0
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November 07, 2017, 05:16:34 AM
 #2721

I don't believe the ROI is less then 100% a year but lets say it is, does it really matter as I'm sure the price per coin will be worth a lot more in say 6 months to a year from now as the supply will remain low. I am expecting the price per coin to be worth at least a few dollars so for anyone buying a masternode now will make even more then the 100% ROI in a year. Its only if the coin doesn't go up that the ROI will take longer and will be under 100% which I can't see happening with Solaris. I also think that the price increase will also offset more masternodes being run as I'm sure this will also pick up over time which as we know lowers the masternode reward but I think the price rise will offset this as well. Solaris has so much potential and the ones that are getting in now will benefit in the long term.

Yeah I agree, in fact, I'm thinking this coin is still a baby compared to other masternode coins out there atm. I'm willing to bet that if we burn some of the supply after the swap out for those stuck on topia then that should help increase the price! Watch this coin pull a DMD and be worth 20K in a years time from now man that would be awesome but easily achievable with how little of the supply that is available and the number of exchanges that we can purchase them on. Once the mining period ends I think that is when things are going to get interesting!

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Elder III
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November 07, 2017, 06:08:32 AM
 #2722

I don't believe the ROI is less then 100% a year but lets say it is, does it really matter as I'm sure the price per coin will be worth a lot more in say 6 months to a year from now as the supply will remain low. I am expecting the price per coin to be worth at least a few dollars so for anyone buying a masternode now will make even more then the 100% ROI in a year. Its only if the coin doesn't go up that the ROI will take longer and will be under 100% which I can't see happening with Solaris. I also think that the price increase will also offset more masternodes being run as I'm sure this will also pick up over time which as we know lowers the masternode reward but I think the price rise will offset this as well. Solaris has so much potential and the ones that are getting in now will benefit in the long term.

Yeah I agree, in fact, I'm thinking this coin is still a baby compared to other masternode coins out there atm. I'm willing to bet that if we burn some of the supply after the swap out for those stuck on topia then that should help increase the price! Watch this coin pull a DMD and be worth 20K in a years time from now man that would be awesome but easily achievable with how little of the supply that is available and the number of exchanges that we can purchase them on. Once the mining period ends I think that is when things are going to get interesting!
By the way, how long do you need in order to reach the Sr. Member rank on bitcointalk forum? thanks.

The detailed explanation is here: https://bitcointalk.org/index.php?topic=178608.0

Basically, as I understand it, you would need to post an average of once per day for 240 days in order to reach Senior Member rank.
schyter
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November 07, 2017, 06:47:14 AM
 #2723

I don't believe the ROI is less then 100% a year but lets say it is, does it really matter as I'm sure the price per coin will be worth a lot more in say 6 months to a year from now as the supply will remain low. I am expecting the price per coin to be worth at least a few dollars so for anyone buying a masternode now will make even more then the 100% ROI in a year. Its only if the coin doesn't go up that the ROI will take longer and will be under 100% which I can't see happening with Solaris. I also think that the price increase will also offset more masternodes being run as I'm sure this will also pick up over time which as we know lowers the masternode reward but I think the price rise will offset this as well. Solaris has so much potential and the ones that are getting in now will benefit in the long term.

Yeah I agree, in fact, I'm thinking this coin is still a baby compared to other masternode coins out there atm. I'm willing to bet that if we burn some of the supply after the swap out for those stuck on topia then that should help increase the price! Watch this coin pull a DMD and be worth 20K in a years time from now man that would be awesome but easily achievable with how little of the supply that is available and the number of exchanges that we can purchase them on. Once the mining period ends I think that is when things are going to get interesting!
Yeah, i also agree. Solaris has displayed a considerable level of trust from genesis and so I can actually consider that part of the total supply meant for the swap already burnt because it will never hit the open market or ever be part of circulating supply and will get burned at the end of the swap.
What will ultimately increase the price is in the latter part of the quote below


there are some coin that give more than 2000% as of now.
In actual sense these numbers don't matter so much. Solaris isn't offering <100%. I stand to be corrected but i don't think ROI can be found anywhere in the source code of Solaris. You could actually wake up tomorrow and see the ROI to be 200% if the number of people deciding to run masternodes has suddenly dropped.
What happens is that there is a relatively constant amount of Solaris going out to compensate all masternodes and the network really doesn't care how many there are. Its just gonna try to share the reward equally among all the masternodes. So if you are more you each receive relatively less. Also if you are more the network is stronger and if you are more there is some kind of relative price pump if there are not many weak hands holding precious XLR.

Even so i must say that even if i were to decide the ROI of masternodes for a long term coin like Solaris, i would never go beyond 100% even at the genesis. Google "inflation" and maybe you will find out why i am saying this.
If you so desire high ROI then you are thinking short term for Solaris and rather unfortunately many of us are thinking short term

CryptoTrading is any open market. the price of crypto is determined by traders in a much rather decentralized manner.
Assuming up to 80% of us decide not to sell any XLR below 0.001 btc in this November, it will almost instantly become the new price and 1 masternode with be worth BTC1 in one or two days.
But there will surely be a pathetically weak set of people who just cant help selling when they see little profits on the coin because they feel someone might sell ahead of them.
Then follows the second set of people who are not as weak as the first set but jsut cant be patient when they see the coin dropping because the first set of weak hands sold cheap and caused the price to drop.

The long and short of all i am saying is that
  • ROI depends on MN block reward and number of nodes
  • Low ROI is not always bad but it shouldn't be too low
  • We the holders are the ones who determine the price of Solaris and not the roadmap or what Dev, keesdewit or some few others are doing

startsts
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November 07, 2017, 11:59:21 AM
 #2724

Can't order BTC withdrawal from Coinexchange, getting 500 error,  someone gets too?

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November 07, 2017, 12:58:21 PM
 #2725

Hello ! I want to do prey solaris. Do you have a probably optimized miner for 1060 6 gigs for your coin? Where can I download it? Which gives a high production rate? Also I ask to share on what pool the speed of extraction!
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November 07, 2017, 02:36:48 PM
 #2726

Dear friend
When do you decide to pay for Bounty in weekly bonuses to new wallet? If you use old wallets, it will take more work to convert
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November 07, 2017, 07:25:00 PM
 #2727

I think people are looking at mnrank or masternode websites that display the ROI. Indeed, as more masternodes come online, the ROI per mn goes down until it's below 100%. If a coin lives long enough, this approaches zero.

I saw some absurd coins that start at 8000% ROI, then in a matter of a few days it's down to below 100%.

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November 07, 2017, 08:40:37 PM
 #2728

I think people are looking at mnrank or masternode websites that display the ROI. Indeed, as more masternodes come online, the ROI per mn goes down until it's below 100%. If a coin lives long enough, this approaches zero.

I saw some absurd coins that start at 8000% ROI, then in a matter of a few days it's down to below 100%.

This is normal for all masternode coins, DASH started like that.

Ryuh
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November 07, 2017, 09:33:43 PM
 #2729

Hey guys, thank you very much for the masternode tutorial, i followed it and managed to run mine.
So far so good its working without any issues, but i have some questions regarding the wallet when you run the masternode.
If i send coins from my wallet that masternode is in it, will it takes the coins from the 1000 XLR collateral?
Are the masternode collateral locked?

Few examples:

1. If i have 1340 coins and i want to send 350 what will happen?
2. If i have 1340 coins and send 340 exactly from where will it take the fee?
3. If i have 1340 coins and want to send 200, does it know to not touch the masternode collateral?

The questions maybe are stupid, but i never had wallet with masternode collateral in it and i'm not sure what i'm allowed to do.
alinka1
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November 07, 2017, 10:07:44 PM
 #2730

Hey guys, thank you very much for the masternode tutorial, i followed it and managed to run mine.
So far so good its working without any issues, but i have some questions regarding the wallet when you run the masternode.
If i send coins from my wallet that masternode is in it, will it takes the coins from the 1000 XLR collateral?
Are the masternode collateral locked?

Few examples:

1. If i have 1340 coins and i want to send 350 what will happen?
2. If i have 1340 coins and send 340 exactly from where will it take the fee?
3. If i have 1340 coins and want to send 200, does it know to not touch the masternode collateral?

The questions maybe are stupid, but i never had wallet with masternode collateral in it and i'm not sure what i'm allowed to do.


If you have 1k left after you send out coins, you will be fine.
makomako
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November 07, 2017, 10:09:44 PM
 #2731

I think people are looking at mnrank or masternode websites that display the ROI. Indeed, as more masternodes come online, the ROI per mn goes down until it's below 100%. If a coin lives long enough, this approaches zero.

I saw some absurd coins that start at 8000% ROI, then in a matter of a few days it's down to below 100%.

That's pretty normal because of the low MN count for new coins

striker7334 2.0
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November 07, 2017, 10:23:09 PM
 #2732

Hey guys, thank you very much for the masternode tutorial, i followed it and managed to run mine.
So far so good its working without any issues, but i have some questions regarding the wallet when you run the masternode.
If i send coins from my wallet that masternode is in it, will it takes the coins from the 1000 XLR collateral?
Are the masternode collateral locked?

Few examples:

1. If i have 1340 coins and i want to send 350 what will happen?
2. If i have 1340 coins and send 340 exactly from where will it take the fee?
3. If i have 1340 coins and want to send 200, does it know to not touch the masternode collateral?

The questions maybe are stupid, but i never had wallet with masternode collateral in it and i'm not sure what i'm allowed to do.

I always recommend leaving at least 1 coin in there because of that exact reason I don't want to screw up the collateral but you can withdraw funds and continue business as usual I just wouldn't cut it that close tbh. I believe the fee is removed from the current balance when you send the coins, but tbh I never really paid attention to it. Like I know some wallets you have the ability to chose that option but when you go to the send screen it doesn't have the usual checkbox to do that so I could be wrong and it may deduct from the remaining balance, can anyone confirm what it does?

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November 07, 2017, 10:34:30 PM
 #2733

Hey guys, thank you very much for the masternode tutorial, i followed it and managed to run mine.
So far so good its working without any issues, but i have some questions regarding the wallet when you run the masternode.
If i send coins from my wallet that masternode is in it, will it takes the coins from the 1000 XLR collateral?
Are the masternode collateral locked?

Few examples:

1. If i have 1340 coins and i want to send 350 what will happen?
2. If i have 1340 coins and send 340 exactly from where will it take the fee?
3. If i have 1340 coins and want to send 200, does it know to not touch the masternode collateral?

The questions maybe are stupid, but i never had wallet with masternode collateral in it and i'm not sure what i'm allowed to do.

If you go to settings/wallet/options

then tick the enable coin control features then click OK

Now go to Send and then inputs

then on your masternode if it HASN'T got a padlock beside it then tick the box and click 'toggle lock state' and then OK and it should then have a padlock by it, If it already has one then you don't need to do it.

This should stop those coins from being sent and it will use others, I've not tried sending anymore coins that would leave me less than 1000 but I've sent them down to just over 1000 and it's always used the other coins and not masternode collateral when I've done the above. I believe you will need to do the opposite to the above to unlock the (masternode) coins so you can sell the coins if you wanted to do that later down the line.

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November 08, 2017, 01:52:57 AM
 #2734




Anyone gotten beyond 43200 yet?

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November 08, 2017, 02:06:30 AM
 #2735

Yes, i see that there is a lock pad already on the masternode collateral, so i'm guessing that they are locked as long as the masternode is running.
Also i cant click on them to unlock anyway, because they are grayed out.

Thanks for all the help guys, cheers!
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November 08, 2017, 02:08:22 AM
 #2736




Anyone gotten beyond 43200 yet?


So i guess the network is stuck until some pool upgrades

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November 08, 2017, 02:20:26 AM
Last edit: November 08, 2017, 02:30:57 AM by grrrgrrr
 #2737




Anyone gotten beyond 43200 yet?

It seems to be a stupid bug. We need masternodes to update to a patched version for the chain to move (it's not my lucky day today). Also I don't know what I'm doing. There might be some other problems with reserve payments.

Here's my quick fix

https://github.com/frkl/Solaris

Also I saw 3 attempts to propagate blocks with correct rewards in debug.log. So it's possible that someone has moved ahead.
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November 08, 2017, 02:40:06 AM
 #2738




Anyone gotten beyond 43200 yet?

It seems to be a stupid bug. We need masternodes to update to a patched version for the chain to move (it's not my lucky day today). Also I don't know what I'm doing. There might be some other problems with reserve payments.

Here's my quick fix

https://github.com/frkl/Solaris

Also I saw 3 attempts to propagate blocks with correct rewards in debug.log. So it's possible that someone has moved ahead.

What else is needed?

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November 08, 2017, 02:50:37 AM
 #2739




Anyone gotten beyond 43200 yet?

It seems to be a stupid bug. We need masternodes to update to a patched version for the chain to move (it's not my lucky day today). Also I don't know what I'm doing. There might be some other problems with reserve payments.

Here's my quick fix

https://github.com/frkl/Solaris

Also I saw 3 attempts to propagate blocks with correct rewards in debug.log. So it's possible that someone has moved ahead.

What else is needed?

Pretty sure we need a patched masternode to confirm the blocks. I don't have a masternode.
frostminer
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November 08, 2017, 02:54:01 AM
 #2740




Anyone gotten beyond 43200 yet?

It seems to be a stupid bug. We need masternodes to update to a patched version for the chain to move (it's not my lucky day today). Also I don't know what I'm doing. There might be some other problems with reserve payments.

Here's my quick fix

https://github.com/frkl/Solaris

Also I saw 3 attempts to propagate blocks with correct rewards in debug.log. So it's possible that someone has moved ahead.

What else is needed?

Pretty sure we need a patched masternode to confirm the blocks. I don't have a masternode.

There is one running with "your patch" now.

speaking of... Who are you?  Grin

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