[ANN][SEM] Semux - Official Thread

[phieudu0502]

Wow, I got a much bigger reward this week than usual for the signature campaign. Did something change in the rules?

Ya you benefits from new bounty
Just see page 1
Legendary, hero senior got higher share than before

Old signature bounty:
Newbie：0.2
Jr. Member：1
Member：1.5
Full member：2
Sr.  Member：2.5
Legendary/Hero：3

New signature bounty:
Member: 1
Full Member: 2
Sr. Member: 4
Hero Member: 8
Legendary:  16

Thank for your clearly comparison. I don't agree with the new reward bounty. Hate to say that similar with the sentence "Rich people maintain richer, poor people will be poorer forever".

[Ned Kelly]

I will also hold the SEM for the long term. When the SEM will be released to the stock exchange, many will begin to sell and the price will drop very quickly. Hold to increase the price of $ 5 will be a great solution

Price is $3 right now. You do not need exchanges to get it to $5.

That is achieved in the price of $ 5 per SEM, you still need some kind of progress that the price has risen from $ 3 to $ 5. I hope that there will be $ 10 in this case?

Buying pressure from validators will do for now.

[Suckhoelaodong]

Right now in discord, you can't get SEM unless you pay about 23k satoshi btc per SEM.  Thats around $2.5 per SEM.  Given that SEM in circulation is about 25 million (the other 75 million is block rewards), we can say that the market cap is around $60+ million.

You don't correctly determine the number of coins in circulation. Coins that are in the hands of the developer can not be attributed to coins in circulation. Therefore now it is much less coins on hands. I did not count for sure, but something about 3-5 million. Only these coins are now available for sale. More precisely, they can be accessed if someone wants to sell them.  

Just for info: 3,629,289 SEM in votes.

Do you mean that developer doesn't join the voting process and validation?

That is correct. The following coins will not be part of the voting process and validation:

#   Balance                   % of coins    Address & Name   
1   9 866 788.89 SEM   39.5261%   0x541365fe0818ea0d2d7ab7f7bc79f719f5f72227 foundation (10M)   
2   5 988 483.96 SEM   23.9897%   0x1504263ee17446ea5f8b288e1c35d05749c0e47d community distribution (10M)   
3   4 553 279.97 SEM   18.2403%   0xe30c510f3efc6e2bf98ff8f725548e6ece568f89 founders premine

Source: https://semux.info/richlist

Hello mdodong, if those coins of foundation not use for voting and vadidation, so what purposes of those coins? I just curious about this first address you mentioned.

[Phash2k]

Wow, I got a much bigger reward this week than usual for the signature campaign. Did something change in the rules?

Ya you benefits from new bounty
Just see page 1
Legendary, hero senior got higher share than before

Old signature bounty:
Newbie：0.2
Jr. Member：1
Member：1.5
Full member：2
Sr.  Member：2.5
Legendary/Hero：3

New signature bounty:
Member: 1
Full Member: 2
Sr. Member: 4
Hero Member: 8
Legendary:  16

Thank for your clearly comparison. I don't agree with the new reward bounty. Hate to say that similar with the sentence "Rich people maintain richer, poor people will be poorer forever".

the original problem remains the same:
rich getting richer
poors stay poor.

like smart people getting smarter, but stupid hold their level...

There are tons of opportunities out there to gain coins for almost every chain... work with the devs, don't just post some posts on the forums... Long term members are deeper into this, getting more - so become a long term member yourself, and earn more, too. That's not that hard - not as hard as actually working... you know

you can still report Bugs on GitHub - earn bounties for it!
The bounty is for everyone - regardless his money or post count...
so find bugs, report them, gain money.
Learn to code - there are tons of free tutorials, dig into new projects and help - instead of complaining that wearing a signature doesn't make you insta-rich

[cryptokat.dev]

Right now in discord, you can't get SEM unless you pay about 23k satoshi btc per SEM.  Thats around $2.5 per SEM.  Given that SEM in circulation is about 25 million (the other 75 million is block rewards), we can say that the market cap is around $60+ million.

You don't correctly determine the number of coins in circulation. Coins that are in the hands of the developer can not be attributed to coins in circulation. Therefore now it is much less coins on hands. I did not count for sure, but something about 3-5 million. Only these coins are now available for sale. More precisely, they can be accessed if someone wants to sell them.  

Just for info: 3,629,289 SEM in votes.

Do you mean that developer doesn't join the voting process and validation?

That is correct. The following coins will not be part of the voting process and validation:

#   Balance                   % of coins    Address & Name   
1   9 866 788.89 SEM   39.5261%   0x541365fe0818ea0d2d7ab7f7bc79f719f5f72227 foundation (10M)   
2   5 988 483.96 SEM   23.9897%   0x1504263ee17446ea5f8b288e1c35d05749c0e47d community distribution (10M)   
3   4 553 279.97 SEM   18.2403%   0xe30c510f3efc6e2bf98ff8f725548e6ece568f89 founders premine

Source: https://semux.info/richlist

Hello mdodong, if those coins of foundation not use for voting and vadidation, so what purposes of those coins? I just curious about this first address you mentioned.

Please see detailed distribution on our official website: https://www.semux.org/

• Block Rewards: 75,000,000 SEM
• Community distribution: 10,000,000 SEM
• Alpha test rewards: 1,349,660 SEM
• Beta test rewards: 864,000 SEM
• RC test rewards: 150,000 SEM
• Airdrop to bitcointalk users: 1,016,600 SEM
• Airdrop to bitcoin holders: in progress
• Airdrop to altcoin holders: under consideration
• Development and marketing: 10,000,000 SEM
• Founders: 5,000,000 SEM

[lda1000]

So as I understand the total supply of semux is 100 million.  While only 25 million is in circulation right now?

Currently there's 1.2m SEM in circulation and 3.3m locked in votes.

http://semuxchain.info/stats/

[simongoat]

Hi, I can't get the wallet to sync, is anyone able to help. Here is the debug file
https://www.dropbox.com/s/zl226olaad9mkvm/debug.log?dl=0

Is there a block explorer for semux?

[cryptokat.dev]

Hi, I can't get the wallet to sync, is anyone able to help. Here is the debug file
https://www.dropbox.com/s/zl226olaad9mkvm/debug.log?dl=0

Is there a block explorer for semux?

Please make sure you have the latest version of Semux wallet installed.
Your debug.log shows that you are still using the RC version of v1.0.0-rc.5.

[Phash2k]

Hi, I can't get the wallet to sync, is anyone able to help. Here is the debug file
https://www.dropbox.com/s/zl226olaad9mkvm/debug.log?dl=0

Is there a block explorer for semux?

two:
www.semux.info/ and semuxchain.info

[BlackRock]

Hi, I can't get the wallet to sync, is anyone able to help. Here is the debug file
https://www.dropbox.com/s/zl226olaad9mkvm/debug.log?dl=0

Is there a block explorer for semux?

http://semuxchain.info/

[simongoat]

Hi, I can't get the wallet to sync, is anyone able to help. Here is the debug file
https://www.dropbox.com/s/zl226olaad9mkvm/debug.log?dl=0

Is there a block explorer for semux?

Please make sure you have the latest version of Semux wallet installed.
Your debug.log shows that you are still using the RC version of v1.0.0-rc.5.

Thanks. Do I need to backup my wallet to keep the same address?

[r1d1]

Thanks. Do I need to backup my wallet to keep the same address?

Yes. You should. By the way, there is a function of exporting a private key.
I recommend use 'KeePass Password Safe' to store your private keys and passwords.
And makes backup of all important data to safety places.

[alamin99]

Providing escrow service for new coins: https://cc-escrow.com

[simongoat]

Thanks. Do I need to backup my wallet to keep the same address?

Yes. You should. By the way, there is a function of exporting a private key.
I recommend use 'KeePass Password Safe' to store your private keys and passwords.
And makes backup of all important data to safety places.

Thanks, new wallet has been installed and its working now.

[Leonid SI]

Our pool pays once per day. To participate, you just need to vote for the delegates:
general01 or general02. Enjoy!

Payments every 24 hours or ... ? Asking becouse i was voted for gen04 29/01 approx 10:00 and receive rewards 30/01 14:19. Now already 15:05 and no rewards for a previous 24 hours. Explain pls just to understand system.

[borderline]

POOL_BORDERLINE

sorry guys i had some problems with rent server
for apologize my pool fee will be 0.5% for two days more (4 february end)
sorry  again

[savel]

Our pool pays once per day. To participate, you just need to vote for the delegates:
general01 or general02. Enjoy!

Payments every 24 hours or ... ? Asking becouse i was voted for gen04 29/01 approx 10:00 and receive rewards 30/01 14:19. Now already 15:05 and no rewards for a previous 24 hours. Explain pls just to understand system.

payment occurs through 2880 blocks (2 x 60 minuts x 24 hours). The next one should be on #29698 (26818 + 2880).

[premium_domainer]

Our pool pays once per day. To participate, you just need to vote for the delegates:
general01 or general02. Enjoy!

Payments every 24 hours or ... ? Asking becouse i was voted for gen04 29/01 approx 10:00 and receive rewards 30/01 14:19. Now already 15:05 and no rewards for a previous 24 hours. Explain pls just to understand system.

I made same error when calculating too.

Payments happen every 2880 blocks. It is ideally 24 hours but it doesn't happen right now (i don't know it will on some point or not) It is happening around 26 hours.

[borderline]

Our pool pays once per day. To participate, you just need to vote for the delegates:
general01 or general02. Enjoy!

Payments every 24 hours or ... ? Asking becouse i was voted for gen04 29/01 approx 10:00 and receive rewards 30/01 14:19. Now already 15:05 and no rewards for a previous 24 hours. Explain pls just to understand system.

I made same error when calculating too.

Payments happen every 2880 blocks. It is ideally 24 hours but it doesn't happen right now (i don't know it will on some point or not) It is happening around 26 hours.

becouse 30sec it's estimated time for forge block

[savel]

Our pool pays once per day. To participate, you just need to vote for the delegates:
general01 or general02. Enjoy!

Payments every 24 hours or ... ? Asking becouse i was voted for gen04 29/01 approx 10:00 and receive rewards 30/01 14:19. Now already 15:05 and no rewards for a previous 24 hours. Explain pls just to understand system.

I made same error when calculating too.

Payments happen every 2880 blocks. It is ideally 24 hours but it doesn't happen right now (i don't know it will on some point or not) It is happening around 26 hours.

dispersion or bug, send it to https://github.com/semuxproject/semux/issues