[ANN][SEM] Semux - Official Thread

[pinball_wizard]

Merry Xmas to all the semux community, always great devs....payments for signature are perfect and always in time! Have a nice Xmas day!

[1713891356]

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[1713891356]

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[mcall]

 I think that Semux is a very hopeful coin. JAVA  and High Performance BFT Consensus Blockchain! It is very exciting! Is there any more airdrop in 2018? Merry Christmas!

[Aliczand]

 We are waiting for the main net! Merry Christmas!

[xibeijan]

Could someone explains what is new and fantastic about this coin?

I read the website and all I learned is its based on Java, and it's high performance.

It uses a new consensus mechanism called BFT and Semux's version of the algorithm is stupidly fast, able to do something like 10,000 transaction per block

[xibeijan]

Could someone explains what is new and fantastic about this coin?

I read the website and all I learned is its based on Java, and it's high performance.

Yes, it is a java-based project, and at this stage it looks like the main solution is the problem of the speed of blockchain transmission. The official launch roadmap and development plan will be introduced in January.

I see you point. Sorry for being the devil advocate, but I have a few questions:

1) smart phones no longer support java.
2) could an application in a compiled language outperform Java?

-bitblaster

Android uses Java so porting there won't be that hard when time comes. As for iOS that will come as the need arises. We'll take it one step at a time.

Good point.  Also BFT is fairly lightweight and could run on a phone.  These devs are thinking ahead.

[liviux]

Was in the first signature campaign, now yet again, after hearing so many good news about SEM. Give me the money

[1977Vlad]

Take part in the second place. I do not have a list. Please check the form to fill in. Put in the signature list
I'm sorry. I figured it out !!!
  everything is fine

Merry Christmas to all

[mrshoo29]

I can not find myself among the participants, but last week I joined the signature company. What's wrong? or, perhaps, I made some mistakes when joining   

[cryptokat.dev]

this coin gonna be smth awesome, buy now )

it's good time to buy semux ,mainnet will launch Jan 2018 ,  will have VM and smart contracts , bright future !

VM and SC coming later 2018, but still on plan

Completely new project, no rewrite, no clone.

Just experience, new codebase and the very best consensus algorithm available

Very excited about Semux.  The software is very stable and fast, nice block explorers too.
With 10,000 txs/sec + smart contracts, this is a serious contender solving real serious problems.

To be exact the system is processing 5000 tx/block with 30s Blocktime.
166 tx/s actually.

Still: first point of evaluation, 10.000 tx/block are not unrealistic until mid 2018

I find the way this consensus algorithm incentivizes transaction performance really fascinating.  Regular PoW incentivizes brute force hashrate so I think the direction that Semux is moving in will be one many projects will take. Still curious to know what kind of block size limit there is. Anybody know how big the 5000 tx test blocks were?

The block size is currently limited to 2MB.
About ~9000 TXs can be processed each block under such limitation.

[Phash2k]

this coin gonna be smth awesome, buy now )

it's good time to buy semux ,mainnet will launch Jan 2018 ,  will have VM and smart contracts , bright future !

VM and SC coming later 2018, but still on plan

Completely new project, no rewrite, no clone.

Just experience, new codebase and the very best consensus algorithm available

Very excited about Semux.  The software is very stable and fast, nice block explorers too.
With 10,000 txs/sec + smart contracts, this is a serious contender solving real serious problems.

To be exact the system is processing 5000 tx/block with 30s Blocktime.
166 tx/s actually.

Still: first point of evaluation, 10.000 tx/block are not unrealistic until mid 2018

I find the way this consensus algorithm incentivizes transaction performance really fascinating.  Regular PoW incentivizes brute force hashrate so I think the direction that Semux is moving in will be one many projects will take. Still curious to know what kind of block size limit there is. Anybody know how big the 5000 tx test blocks were?

The block size is currently limited to 2MB.
About ~9000 TXs can be processed each block under such limitation.

9000 is good to hear. I am looking forward to seeing the launch of the mainnet!

Are there any partners to use the semux Blockchain?

[BigShoe99]

Hi Dev,, Its Monday and i am yet to get my BTC Airdrop

[lda1000]

Could someone explains what is new and fantastic about this coin?

I read the website and all I learned is its based on Java, and it's high performance.

BTF consensus algorithm with transaction immutability after just 1 confirmation. High transaction throughput. Smart contracts coming next year.

The fact is's Java is not really relevant.

 

[jugi_official]

thanks for the announcement
whether this can be used for us who are still newbie status?
and how our step by step to follow this bounty?

[premium_domainer]

this coin gonna be smth awesome, buy now )

it's good time to buy semux ,mainnet will launch Jan 2018 ,  will have VM and smart contracts , bright future !

VM and SC coming later 2018, but still on plan

Completely new project, no rewrite, no clone.

Just experience, new codebase and the very best consensus algorithm available

Very excited about Semux.  The software is very stable and fast, nice block explorers too.
With 10,000 txs/sec + smart contracts, this is a serious contender solving real serious problems.

To be exact the system is processing 5000 tx/block with 30s Blocktime.
166 tx/s actually.

Still: first point of evaluation, 10.000 tx/block are not unrealistic until mid 2018

I find the way this consensus algorithm incentivizes transaction performance really fascinating.  Regular PoW incentivizes brute force hashrate so I think the direction that Semux is moving in will be one many projects will take. Still curious to know what kind of block size limit there is. Anybody know how big the 5000 tx test blocks were?

The block size is currently limited to 2MB.
About ~9000 TXs can be processed each block under such limitation.

Wow, 9000 txs per block. It means 300 per second.

Did we try and achieved that like we did with 5000tx or it is just a number we can reach for now?

[Phash2k]

this coin gonna be smth awesome, buy now )

it's good time to buy semux ,mainnet will launch Jan 2018 ,  will have VM and smart contracts , bright future !

VM and SC coming later 2018, but still on plan

Completely new project, no rewrite, no clone.

Just experience, new codebase and the very best consensus algorithm available

Very excited about Semux.  The software is very stable and fast, nice block explorers too.
With 10,000 txs/sec + smart contracts, this is a serious contender solving real serious problems.

To be exact the system is processing 5000 tx/block with 30s Blocktime.
166 tx/s actually.

Still: first point of evaluation, 10.000 tx/block are not unrealistic until mid 2018

I find the way this consensus algorithm incentivizes transaction performance really fascinating.  Regular PoW incentivizes brute force hashrate so I think the direction that Semux is moving in will be one many projects will take. Still curious to know what kind of block size limit there is. Anybody know how big the 5000 tx test blocks were?

The block size is currently limited to 2MB.
About ~9000 TXs can be processed each block under such limitation.

Wow, 9000 txs per block. It means 300 per second.

Did we try and achieved that like we did with 5000tx or it is just a number we can reach for now?

AFAIK 10k were tested

[caishendizi]

i have joined the signature bonus, but haven't got sem last week.
so sad.

[caishendizi]

I want to buy some sem, please pm me if you have.
i could buy 1k~10k

[caishendizi]

this coin gonna be smth awesome, buy now )

it's good time to buy semux ,mainnet will launch Jan 2018 ,  will have VM and smart contracts , bright future !

VM and SC coming later 2018, but still on plan

Completely new project, no rewrite, no clone.

Just experience, new codebase and the very best consensus algorithm available

Very excited about Semux.  The software is very stable and fast, nice block explorers too.
With 10,000 txs/sec + smart contracts, this is a serious contender solving real serious problems.

To be exact the system is processing 5000 tx/block with 30s Blocktime.
166 tx/s actually.

Still: first point of evaluation, 10.000 tx/block are not unrealistic until mid 2018

I find the way this consensus algorithm incentivizes transaction performance really fascinating.  Regular PoW incentivizes brute force hashrate so I think the direction that Semux is moving in will be one many projects will take. Still curious to know what kind of block size limit there is. Anybody know how big the 5000 tx test blocks were?

The block size is currently limited to 2MB.
About ~9000 TXs can be processed each block under such limitation.

Wow, 9000 txs per block. It means 300 per second.

Did we try and achieved that like we did with 5000tx or it is just a number we can reach for now?

AFAIK 10k were tested

what is the mean?  what  is AFAIK ? i can't understand.

[Phash2k]

As far as I know - AFAIK

[caishendizi]

As far as I know - AFAIK

oh... 
thanks, i got it.
english is interesting.