[ANN][SEM] Semux - Official Thread

[Angela Volkova]

May we know any exchange for this coin right now ??

You may buy/sell semux here only - https://bitcointalk.org/index.php?topic=2281323.0

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[monsanto]

So, there is no pow mining, blocks are generated by delegates which seems very similar to masternode from other coins

I understand you need to burn 1000 for a delegate but what are the votes for? Why do I need/care how many votes my delegate node has?

Are only high vote delegates able to earn block rewards?

Shouldn't this system be described in some easy to find section of the website, if not the OP itself?

It's funny, weeks ago in this thread I tried to generate some discussion about dBFT, and different ways it has been used before, etc, and nobody cared. It's only the very basis of this project lol. So I deleted my post. Such is the nature of bitcointalk these days I guess.

Anyway, some info has been gathered here:
https://github.com/semuxproject/semux/wiki/Delegates-and-Validators

Basically you burn 1000 to become a delegate. Once you are a delegate you can become a validator if you can gather together enough votes to be in the top 64 of all validators in terms of votes. I think the 64 number may change but IIRC the basic idea is to limit total validators to around 100.  So you end up with very high performance computers for each validator, since their overall number is limited. This way you get very high transactions per second. I'm thinking this is about the least amount of validators you can have in a project while still maintaining decentralization in a consensus protocol. An interesting approach to the scaling problem.

To your specific question, as far as I know there is no difference between rewards or anything else once a delegate has enough votes to be considered a validator. You just gotta make it into the top 64, have a system that can handle the transaction level, and maintain enough votes to stay there.

[authentist]

Hi, is there an alternative to downloading the core wallet (150 GB of blockchain data and I dont have any free space) just for signing my semux wallet address?

Thank you.

Do you have the private keys of your bitcoin addresses?
You can import them into electrum and sign with that.

well, I just created my first btc address. When I try signing my semux wallet address it says:
Invalid bitcoin address

[topangbae]

I hope will be a good project of luck to everyone who supported him, Cheers Excited about this project.

[hah]

Will btx airdrop ever implement/use segwit addresses too?

[songwdzw]

wow, so many replies. I will take a look at this project, and maybe it is one of the best project in this year.

[ju34400]

no way to sync, i open the wallet, sync 300-400 blocks and it stucks
i tried to wait but still stucks
how to sync?
i noticed it stucks once i reached 30 peers, i don't know it has any relation

[KurangKerjaan]

Nice Project , Wish luck for your team ! Keep it up

[semux]

Semux v1.0.0-rc.4 is released to address the syncing issue

https://github.com/semuxproject/semux/releases

[mattbellme]

Really excited about this project!

[shidayat8]

Problem solved, i miss deadline to transfer balance to beta net  ,
thanks for semux developer ,
Maybe another member missed deadline too

[lemoon789]

The author of this project is very pragmatic, updated wallet version soon, and the wallet getting better and better. I hear smart will be done next year contract.

[emya]

Problem solved, i miss deadline to transfer balance to beta net  ,
thanks for semux developer ,
Maybe another member missed deadline too

I've missed deadline too, How to solve ?

[shidayat8]

Problem solved, i miss deadline to transfer balance to beta net  ,
thanks for semux developer ,
Maybe another member missed deadline too

I've missed deadline too, How to solve ?

Do you participate in alpha test ?
check here https://www.semux.org/alphatest.html

[emya]

Problem solved, i miss deadline to transfer balance to beta net  ,
thanks for semux developer ,
Maybe another member missed deadline too

I've missed deadline too, How to solve ?

Do you participate in alpha test ?
check here https://www.semux.org/alphatest.html

Yes, and i see my wallet address on there

[ju34400]

Semux v1.0.0-rc.4 is released to address the syncing issue

https://github.com/semuxproject/semux/releases

it was fast, its ok my wallet is synced thanks
too bad i missed the alpha and beta test
what is delegates? its like masternode? if yes how much coin needed and how to get them?

[lzby2000]

Just went to SEM website to see, there are Airdrop progress and distribution tables, block browsers, representing pages. Dav has worked hard. Every effort you make has been known and will stick with you.

[bspus]

So, there is no pow mining, blocks are generated by delegates which seems very similar to masternode from other coins

I understand you need to burn 1000 for a delegate but what are the votes for? Why do I need/care how many votes my delegate node has?

Are only high vote delegates able to earn block rewards?

Shouldn't this system be described in some easy to find section of the website, if not the OP itself?

It's funny, weeks ago in this thread I tried to generate some discussion about dBFT, and different ways it has been used before, etc, and nobody cared. It's only the very basis of this project lol. So I deleted my post. Such is the nature of bitcointalk these days I guess.

Anyway, some info has been gathered here:
https://github.com/semuxproject/semux/wiki/Delegates-and-Validators

Basically you burn 1000 to become a delegate. Once you are a delegate you can become a validator if you can gather together enough votes to be in the top 64 of all validators in terms of votes. I think the 64 number may change but IIRC the basic idea is to limit total validators to around 100.  So you end up with very high performance computers for each validator, since their overall number is limited. This way you get very high transactions per second. I'm thinking this is about the least amount of validators you can have in a project while still maintaining decentralization in a consensus protocol. An interesting approach to the scaling problem.

To your specific question, as far as I know there is no difference between rewards or anything else once a delegate has enough votes to be considered a validator. You just gotta make it into the top 64, have a system that can handle the transaction level, and maintain enough votes to stay there.

Thanks for the info. Very helpful.

[cobonadu]

Hope it's not too late to join this project !
The team behind Semux works very hard on it and very active here... this makes me trust this project , and it will success!!!

[bspus]

Hi, is there an alternative to downloading the core wallet (150 GB of blockchain data and I dont have any free space) just for signing my semux wallet address?

Thank you.

Do you have the private keys of your bitcoin addresses?
You can import them into electrum and sign with that.

well, I just created my first btc address. When I try signing my semux wallet address it says:
Invalid bitcoin address

First of all, you need to choose a btc address as the one doing the signing too. Have you done that?

Second, if you just created it, there is no way it had any funds in it on block 480000 which is when the snapshot was taken. So you can't get any semux from the airdrop.