[ANN] VIVO - Masternodes, ASIC-Resistant, Secure, High MN Rewards, Decentralized

[brownfly]

The latest one?
v0.12.1.6-b324240-dirty (64-bit)

I am wondering, is it OK that the same block is still processing?

"chain": "main",
  "blocks": 14580,
  "headers": 14580,
  "bestblockhash": "00000000002e56e9c41ca298b31de01404877bc597e4b57c916042e641a63fdb",
  "difficulty": 312.5889213914405,
  "mediantime": 1505552857,
  "verificationprogress": 0.9779725544252749,
  "chainwork": "000000000000000000000000000000000000000000000000000f0b68cf7f25f2",

[sygo]

Hello! How much coins is paying per day one masternode now? masternode need 1000 coins?

[Ariem]

Yay! New exchange! That's cool, but I am still waiting it on cryptopia.

[Ariem]

Hello! How much coins is paying per day one masternode now? masternode need 1000 coins?

I have herd that it is about 5-10 cons per day now, but it is because nicehash, soon this problem may be resolved.

[PhaseshiftUK]

Hello! How much coins is paying per day one masternode now? masternode need 1000 coins?

I have herd that it is about 5-10 cons per day now, but it is because nicehash, soon this problem may be resolved.

Currently my masternode is getting about 5 coins per day.  My calculations are that we should still be getting 25 per day.

The reason for this discrepancy is due to the difficulty bomb that is affecting Vivo, caused by a mining pool that only mines a coin when the difficulty is low, but the pool is so big that it quickly pushes the difficulty very high and then they leave to do that to another coin leaving the normal, much smaller, group of miners to try to mine the subsequent transactions, but the hashing takes much, much longer due to the very high difficulty and so few transactions go through, meaning lower mining and masternode payments.  The devs have issued an updated wallet and the fork to speed up difficulty change will take effect from block 15200, after which we hope that transaction speed, mining and masternode payments will all settle down.

[Ariem]

I think the idea of this coin is very perspective, but we need to tell people about his coin, some more social media bounty campaign would be suitable.

[0verseer]

I think the idea of this coin is very perspective, but we need to tell people about his coin, some more social media bounty campaign would be suitable.

Agree, VIVO look great but lack of PR so more people could know and invest in it.

[Ariem]

And also some people are afraid of buying 1000 coins because they are not sure that they will be able to ran master node by their own, on their home PC, I mean yes, there is a video guide, but a lot of people doesn’t know on which PC master node can work, there is some  requirements for the internet connection  as I have herd, if it is not suitable then you have to rent  a virtual server, it would be great if the developers will explain those things in video, I am sure those things are very easy for them to explain.

[PhaseshiftUK]

And also some people are afraid of buying 1000 coins because they are not sure that they will be able to ran master node by their own, on their home PC, I mean yes, there is a video guide, but a lot of people doesn’t know on which PC master node can work, there is some  requirements for the internet connection  as I have herd, if it is not suitable then you have to rent  a virtual server, it would be great if the developers will explain those things in video, I am sure those things are very easy for them to explain.

There are a number of people now offering to handle the masternode side for a fee.  I have just started to offer a managed masternode service myself.  Just make sure that you do not sent the 1000 Vivo to the person - that should not be necessary, only the output from "masternode outputs" and "masternode genkey".  It is different for the masternode seat approach (101 Vivo for 1/10th of a masternode, see https://bitcointalk.org/index.php?topic=2135163.msg21347368.0 ) - in that case you do need to send the money and trust the person handling the masternode seats (I trust whywefight, and currently have 4 seats, which you can see on https://docs.google.com/spreadsheets/d/1F1DzW-IZl2e9vSoaTDn-We4Uwwouxz4ldsZ6aAWSTi4/edit#gid=998076844 ).

[GerryMc]

The shared nodes are great, it lowers the cost of entry and removes the effort of setting up the nodes yourself. I have 14 seats at the minute

[sohard4me]

I have 2 nodes running, preparing for my third one 

[lupanar]

I have 2 nodes running, preparing for my third one  

So how much Vivo gives you one MN? can you share it.

[crackfoo]

Hi,

We've added VIVO to the miners multipool: www.zpool.ca

neoscrypt pool:

http://www.zpool.ca/site/gomining?algo=neoscrypt

Blocks found by zpool:

http://www.zpool.ca/site/block?id=2444

Explorer:

http://www.zpool.ca/explorer/VIVO

Peers:

http://www.zpool.ca/explorer/peers?id=2444

Cheers!

[fleer]

The dev peach banned me from slack, telegram and discord because he thought I was fud.  if only there was some way to get back into those chats...

[PhaseshiftUK]

So how much Vivo gives you one MN? can you share it.

You need 1,000 Vivo for a Masternode.  You can only share it by private arrangement - there is no code in the wallet that supports people pooling payments, but see above about the Masternode seat system that WhyWeFight offers.

[GerryMc]

The masternode payments can be calculated by the following formula:

Take the number of daily blocks (max 720)
Multiply by the masternode reward (5 vivo)
Divide by number of masternodes (147 as of now)

720*5 = 3600 max coins given to masternodes each day
3600/147 = 24.48 ave coins per masternode per day

This gives a return on investment of ~893% a year
This will go down as more masternodes are added, so the earlier you add your node, the more you will benefit from the high returns.

[PhaseshiftUK]

The masternode payments can be calculated by the following formula:

Take the number of daily blocks (max 720)
Multiply by the masternode reward (5 vivo)
Divide by number of masternodes (147 as of now)

720*5 = 3600 max coins given to masternodes each day
3600/147 = 24.48 ave coins per masternode per day

This gives a return on investment of ~893% a year
This will go down as more masternodes are added, so the earlier you add your node, the more you will benefit from the high returns.

It's worth noting that, for the blocks (720 in this case), that is the upper figure and can be lower in any 24-hour period.  With the recent "difficulty bomb" Vivo and some other currencies were being affected by due to selective mining practices, the block count was significantly less.  Also, for coins with low transaction activity (I have 2 masternodes of coins in that situation) similarly the actual number of blocks, and therefore payments, will be less.

[cashen]

Block 15200 came and went. Things are very smooth. Block time is looking nice.

Nice work DEV team.

[xoma11]

sgminer any version

Code:

[12:21:27] Building binary neoscryptPitcairngw256l4lgtc32768.bin
[12:21:27] yiimp.eu difficulty changed to 64
[12:21:27] New block: 70dc357f57f6bc9bfc2418853da065bb4efe391a3b2b92f1eeff53b3cbd23f44... diff 20.3M
[12:21:39] New block: 0000000024be54012f1ded6b82bbdcf77b6608f2e984babb0db25bcc647a8060... diff 17.5M
[12:22:28] GPUs did not become initialized in 60 seconds...
[12:22:28] Work update message received

Black window.
GPU AMD
Plz help =(

[habeas_corpus]

sgminer any version

Code:

[12:21:27] Building binary neoscryptPitcairngw256l4lgtc32768.bin
[12:21:27] yiimp.eu difficulty changed to 64
[12:21:27] New block: 70dc357f57f6bc9bfc2418853da065bb4efe391a3b2b92f1eeff53b3cbd23f44... diff 20.3M
[12:21:39] New block: 0000000024be54012f1ded6b82bbdcf77b6608f2e984babb0db25bcc647a8060... diff 17.5M
[12:22:28] GPUs did not become initialized in 60 seconds...
[12:22:28] Work update message received

Black window.
GPU AMD
Plz help =(

Try downloading gateless gate miner.  It's the only miner that works for my AMD cards.

.bat file
set GPU_FORCE_64BIT_PTR 1
set GPU_MAX_HEAP_SIZE 100
set GPU_USE_SYNC_OBJECTS 1
set GPU_MAX_ALLOC_PERCENT 100
set GPU_SINGLE_ALLOC_PERCENT 100
gatelessgate.exe -k neoscrypt -o stratum+tcp://eu1.altminer.net:4233 -u wallet -p c=VIVO -I 21
pause

You may have to lower the intensity of -I if you have an older card.