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Author Topic: GRAFT - Universal Payment Processing Network  (Read 53977 times)
joae1975
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November 23, 2017, 11:51:50 PM
 #201

Introducing Superstake: Important Enhancement of Graft Network Protocol

Original blog post: https://www.graft.network/2017/11/23/introducing-superstake-important-enhancement-of-graft-network-protocol/
I’m not sure I fully understand all of this.  So basically, you need 500 graft to do anything?  When does this all go live? 

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November 24, 2017, 11:04:10 AM
 #202

Introducing Superstake: Important Enhancement of Graft Network Protocol

Original blog post: https://www.graft.network/2017/11/23/introducing-superstake-important-enhancement-of-graft-network-protocol/

If I run a supernode (miner and full node for service brokers), my miner cannot join mining pool? Instead I need superstake node to be able to join the mining pool and be a valid supernode?
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November 24, 2017, 05:01:41 PM
 #203

Hi,

May I suggest you to add a higher resolution ANN image in OP? The current image (http://i.imgur.com/mgZbhUl.png) is very blurred on big screen.
It's good that you have text version under the image, but the user must scroll to find it.

Thank you for your feedback, we are already working on the update!

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November 24, 2017, 05:03:49 PM
 #204

Introducing Superstake: Important Enhancement of Graft Network Protocol

Original blog post: https://www.graft.network/2017/11/23/introducing-superstake-important-enhancement-of-graft-network-protocol/
I’m not sure I fully understand all of this.  So basically, you need 500 graft to do anything?  When does this all go live? 

500 GRF is required to run the full supernode which can participate in real time authorization process and earn transaction fees. Goes live in January.

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November 24, 2017, 05:10:08 PM
 #205

Introducing Superstake: Important Enhancement of Graft Network Protocol

Original blog post: https://www.graft.network/2017/11/23/introducing-superstake-important-enhancement-of-graft-network-protocol/

If I run a supernode (miner and full node for service brokers), my miner cannot join mining pool? Instead I need superstake node to be able to join the mining pool and be a valid supernode?

Correct - you must run a solo miner in order to run your own full supernode.
If you join a pool, you want be able to own a full supernode because you don’t own the pool wallet. The pool owners will take care of superstake. I guess they will be sharing the earnings from transaction fees with all pool participants.

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November 25, 2017, 01:27:11 AM
 #206

Introducing Superstake: Important Enhancement of Graft Network Protocol

Original blog post: https://www.graft.network/2017/11/23/introducing-superstake-important-enhancement-of-graft-network-protocol/

If I run a supernode (miner and full node for service brokers), my miner cannot join mining pool? Instead I need superstake node to be able to join the mining pool and be a valid supernode?

Correct - you must run a solo miner in order to run your own full supernode.
If you join a pool, you want be able to own a full supernode because you don’t own the pool wallet. The pool owners will take care of superstake. I guess they will be sharing the earnings from transaction fees with all pool participants.
So, a supernode is different from a masternode in that mining is involved along with locking up coins?

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November 28, 2017, 08:20:16 PM
 #207

It seems there is a push back on the project as to the start date of the ICO but what I am surprised at is that there is no discussion about the the importance of this project and the gap that it seeks to fill in this era of several project coming out and competing for space and attention. Rather what I am seeing are only something related to mining grf or running the node which to me should be a discussion after the ICO. I might be wrong though.

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joae1975
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November 29, 2017, 03:23:00 AM
 #208

It seems there is a push back on the project as to the start date of the ICO but what I am surprised at is that there is no discussion about the the importance of this project and the gap that it seeks to fill in this era of several project coming out and competing for space and attention. Rather what I am seeing are only something related to mining grf or running the node which to me should be a discussion after the ICO. I might be wrong though.
We know the project is important which why we want to mine and run nodes.

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November 30, 2017, 02:50:46 AM
 #209

is there any new ico ANN thread? or this thread preico ANN thread is going to be changed to ico ANN thread?

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December 01, 2017, 04:54:45 PM
 #210

Current Graft bounty campaigns:
Signature campaign: https://bitcointalk.org/index.php?topic=2443267.0
twitter campaign: https://bitcointalk.org/index.php?topic=2447266.0

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December 01, 2017, 04:55:40 PM
 #211

is there any new ico ANN thread? or this thread preico ANN thread is going to be changed to ico ANN thread?

We keep the same thread for now. We will going to update the headers soon. If we replace the thread it will be announced here.

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December 01, 2017, 04:58:56 PM
 #212

Introducing Superstake: Important Enhancement of Graft Network Protocol

Original blog post: https://www.graft.network/2017/11/23/introducing-superstake-important-enhancement-of-graft-network-protocol/

If I run a supernode (miner and full node for service brokers), my miner cannot join mining pool? Instead I need superstake node to be able to join the mining pool and be a valid supernode?

Correct - you must run a solo miner in order to run your own full supernode.
If you join a pool, you want be able to own a full supernode because you don’t own the pool wallet. The pool owners will take care of superstake. I guess they will be sharing the earnings from transaction fees with all pool participants.
So, a supernode is different from a masternode in that mining is involved along with locking up coins?

I guess you are comparing to Dash masternode? Yes, combined PoW/PoS is one of the main differences. The authorization sample selection algorithm is different as well, and other technical solutions.

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December 01, 2017, 05:24:52 PM
 #213

I really like to see this project. Because the Graft project can involve all elements of society without choosing. With this project, it will facilitate the transaction between buyer and buyer. As we know, we also want something easy. Is not that a good project?

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December 02, 2017, 01:59:36 PM
 #214

It seems there is a push back on the project as to the start date of the ICO but what I am surprised at is that there is no discussion about the the importance of this project and the gap that it seeks to fill in this era of several project coming out and competing for space and attention. Rather what I am seeing are only something related to mining grf or running the node which to me should be a discussion after the ICO. I might be wrong though.

I m not sure why you would say this , is become someone mention me to me about the mining .. and i look into it and only i know the great game changer for it was because of the the whole mining and node function to make it possible for what you re trying to do , cause to do instant transfer with all credit card and crypto and all those exchange and additional of privacy which sound like a dream but eventually with the concept of your function of mining it make sense on how fast it going to do it and the link btw the proxy node , miner node , supernode and the stake on it .

By reading it the only problem i dont understand 1) if it host by pool as a miner pool and we host the supernode fucntion and share the transaction and service fee then it will defeat it purpose and eventually alot full supernode(staker) will give up 2) if i solo mine to fullfill my stake and to fulfill the requirement of fullsupernode will fail if the pool get too big cause eventually 3-5 day barely get a block and our supernode only verify to do it once for every block we did .

So i guess the transaction fee and service fee even distribute 100% will still see it fail cause without miner they cant get this fee , so only thing i can think of right now is the block reward is been reduces (to a point miner dont feel purely mining it is very profitable ) or block reward is to share among node (that make every miner who want to get more is to stake and host a supernode) or everystaker who are interested to get some mining hashes.. with anything getting on a pool it dont serve the unique POW/POS => supernode system


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December 02, 2017, 07:38:42 PM
 #215

I also wanna suggest an ANN thread for btt users, we are interested in updates and news related to the project. Do you have some telegram channel available?

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December 04, 2017, 03:58:02 AM
 #216

I also wanna suggest an ANN thread for btt users, we are interested in updates and news related to the project. Do you have some telegram channel available?

for discussion and engagement with the team, join the Telegram group https://t.me/GraftNet
for official announcement, check out the Telegram Channel https://t.me/graftnetofficial
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December 07, 2017, 10:57:32 PM
 #217

GRAFT NETWORK MVP DEVELOPMENT STATUS UPDATE
https://www.graft.network/2017/12/07/mvp-development-status-update-2/

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December 09, 2017, 06:47:37 AM
 #218

I commend you for this.  When mining is live, not on testnet, will it be possible to mine only on CPU.  If one doesn't have any GPU's to mine with, will a laptop suffice? 

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December 09, 2017, 06:05:17 PM
 #219

I commend you for this.  When mining is live, not on testnet, will it be possible to mine only on CPU.  If one doesn't have any GPU's to mine with, will a laptop suffice? 

For a start I think the CPU will be adequate because the whole Graft mining will be like bitcoin mining which start from CPU to GPU when the hashrate goes up.

[/hr]
Dear Graft Project,
You said Graft token will be available on exchange after the ICO could specify the exchange?
Would the Graft token also available on Coin cap market?

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December 11, 2017, 09:03:07 AM
 #220

I commend you for this.  When mining is live, not on testnet, will it be possible to mine only on CPU.  If one doesn't have any GPU's to mine with, will a laptop suffice? 

For a start I think the CPU will be adequate because the whole Graft mining will be like bitcoin mining which start from CPU to GPU when the hashrate goes up.

[/hr]
Dear Graft Project,
You said Graft token will be available on exchange after the ICO could specify the exchange?

Would the Graft token also available on Coin cap market?
Is it not better you focus on the project first and after the ICO, then discussion can now be directed towards when it will be listed on the exchange sites and which one specifically.  The team have said it will be listed, and I believe they will keep to their word.

I also wanna suggest an ANN thread for btt users, we are interested in updates and news related to the project. Do you have some telegram channel available?

for discussion and engagement with the team, join the Telegram group https://t.me/GraftNet
for official announcement, check out the Telegram Channel https://t.me/graftnetofficial

Official announcement on telegram? What of those of us not on that platform. If it wont be too much stress, I think there should also be a further dissemination on the project progress on this ANN thread as well so we will all be informed. Telegram is good but it might be to clumsy and easy to miss important update which is very much easy on the forum.

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