[ANN][SEM] Semux - Official Thread

[Michail1]

Thank you for your info.
but this is my history in 100_tokenpar_com ( 1 week i got only ~2,53 semux with 543 vote) and ( 3days with another pool i got ~2 semux. i'll wait until end of this week to summary again)

100_tokenpar_com charges 0%, but has 105,000 votes
Semuxpool_com2 charges 15%, but has 51,000 votes

Let's say you have 10,000 votes and each pool earns about 86.4 sem per day (average)

10000/115000 = 0.0869565217391304 * 86.4 = 7.513043478260867
10000/61000 = 0.1639344262295082 * 86.4  = 14.16393442622951 - 15% = 12.03934426229508

So, you earn almost twice as much as the pool that doesn't charge a fee.

People are so afraid of the 15% fee, they don't realize they could make a lot more SEM if they run the numbers.

To take this example further....

Melvin also charges 15%, but has 43,000 votes.
So, with your same 10,000 to keep in line with the above example...
10000/53000 = 0.1886792452830189 * 86.4  = 16.30188679245283 - 15% = 13.85660377358491

So, although Semuxpool_com2 and Melvin have the same fee, you earn more (over 1.8 SEM) with Melvin.

[1713922773]

1713922773

[1713922773]

1713922773

[1713922773]

1713922773

[1713922773]

1713922773

[dgmon]

An update on my situation:

I actually did manage to sign a message using MyEtherWallet offline.  Even though the link at the bottom of index.html tries to take me online, there is another HTML file called signmsg.html which works fine!  It was just a matter of opening the HTML file directly.

[leoirssi]

New public pool.

Vote for "leoirssi" delegate with only 10% fee, minimum payout 0.25 and daily payout at 1:00PM CET.

[Michail1]

Is Melvin your pool?

No, it is not mine.  I do have votes in it though.

what way do you figure out the best pool.

your votes / pool votes * sem_per_day - pool_fee = profit
remember, if you haven't voted yet, so to figure out what you would make (assuming no votes are made or unvoted from the pool during that time)...
your votes / (pool votes+yourvotes) * sem_per_day - pool_fee = profit

sem_per_day is an average number.  This is 86.4SEM  ----   2880 blocks per day / 100 validators = 28.8 blocks * reward (3 sem) = 86.4

do you a list of pools but pay betters?

I suggest you setup a spreadsheet in order to calculate returns on votes based on pools fees and the number of votes they have.  I know someone working a live version.
Consider also that public pools don't (by default) count your votes for the first 200 blocks (100 minutes) in order to prevent pool hoppers.

The pools I know of right now are:

Sofia 8% (not officially public, so rate could change, but it is paying.)
Richkid 10% (not officially public, so rate could change, but it is paying.)
Kolten 10% (public)
Melvin 15% (public)
Wilson 15% (not officially public, yada)

Also, you can find others that are setup as public pools that are not listed by voting for random pools to see if you get paid.  (Warning... you could miss out on profits during this time AND pools might be paying pools, but if you quit within the 24 hours, you're likely to miss paying pools which are setup to not pay out to quitters.)

[cryptokat.dev]

Semux v1.1.0 is released https://github.com/semuxproject/semux/releases. This release addresses the validator reward distribution issue; everyone is encouraged to upgrade.

Update (2018/04/16)
v1.0.0 and v1.0.1 validator nodes can no longer forge blocks as UNIFORM_DISTRIBUTION fork has been activated at block 233514.
There are still 15 outdated validators at this moment.

Update (2018/04/18)
semux666 (0xbfc7031d2ebacc8b76a6fc33b29b071dddeb2e52) is now the only validator who hasn't upgraded to v1.1

[benhnghenghiep]

Is Melvin your pool?

No, it is not mine.  I do have votes in it though.

what way do you figure out the best pool.

your votes / pool votes * sem_per_day - pool_fee = profit
remember, if you haven't voted yet, so to figure out what you would make (assuming no votes are made or unvoted from the pool during that time)...
your votes / (pool votes+yourvotes) * sem_per_day - pool_fee = profit

sem_per_day is an average number.  This is 86.4SEM  ----   2880 blocks per day / 100 validators = 28.8 blocks * reward (3 sem) = 86.4

do you a list of pools but pay betters?

I suggest you setup a spreadsheet in order to calculate returns on votes based on pools fees and the number of votes they have.  I know someone working a live version.
Consider also that public pools don't (by default) count your votes for the first 200 blocks (100 minutes) in order to prevent pool hoppers.

The pools I know of right now are:

Sofia 8% (not officially public, so rate could change, but it is paying.)
Richkid 10% (not officially public, so rate could change, but it is paying.)
Kolten 10% (public)
Melvin 15% (public)
Wilson 15% (not officially public, yada)

Also, you can find others that are setup as public pools that are not listed by voting for random pools to see if you get paid.  (Warning... you could miss out on profits during this time AND pools might be paying pools, but if you quit within the 24 hours, you're likely to miss paying pools which are setup to not pay out to quitters.)

You should try to mddong pool, that a decent one. I waiting on the weekend to calculate my profit. Voted ~ 500 coin and received ~ 1 per day.

[Michail1]

Is Melvin your pool?

No, it is not mine.  I do have votes in it though.

what way do you figure out the best pool.

your votes / pool votes * sem_per_day - pool_fee = profit
remember, if you haven't voted yet, so to figure out what you would make (assuming no votes are made or unvoted from the pool during that time)...
your votes / (pool votes+yourvotes) * sem_per_day - pool_fee = profit

sem_per_day is an average number.  This is 86.4SEM  ----   2880 blocks per day / 100 validators = 28.8 blocks * reward (3 sem) = 86.4

do you a list of pools but pay betters?

I suggest you setup a spreadsheet in order to calculate returns on votes based on pools fees and the number of votes they have.  I know someone working a live version.
Consider also that public pools don't (by default) count your votes for the first 200 blocks (100 minutes) in order to prevent pool hoppers.

The pools I know of right now are:

Sofia 8% (not officially public, so rate could change, but it is paying.)
Richkid 10% (not officially public, so rate could change, but it is paying.)
Kolten 10% (public)
Melvin 15% (public)
Wilson 15% (not officially public, yada)

Also, you can find others that are setup as public pools that are not listed by voting for random pools to see if you get paid.  (Warning... you could miss out on profits during this time AND pools might be paying pools, but if you quit within the 24 hours, you're likely to miss paying pools which are setup to not pay out to quitters.)

You should try to mddong pool, that a decent one. I waiting on the weekend to calculate my profit. Voted ~ 500 coin and received ~ 1 per day.

I don't see how you get that....
500/64750*86.4-15% = 0.5671042471042471 SEM (Mdd) Per day based on your voting.
500/53650*86.4-15% = 0.6844361602982293 SEM (mdd2)
The mddong pools are 15%

They have 64750 and 53650 votes respectively.
So, based on the same example I layed out in my prior two posts (having 10,000 votes).....

10000/74750 = 0.1337792642140468 * 86.4 = 11.55852842809364 - 15% = 9.824749163879594 sem mddsemuxpool
10000/63650 = 0.1571091908876669 * 86.4 = 13.57423409269442 - 15% = 11.53809897879026 sem mddsemuxpool2
10000/53000 = 0.1886792452830189 * 86.4 = 16.30188679245283 - 15% = 13.85660377358491 sem melvin

Based on the above, the pool Melvin still pays more.
This is only based on the numbers at this moment.

That said....
10000/53500 = 0.1869158878504673 * 86.4 = 16.14953271028037 - 8% = 14.85757009345794 sem sofia

So, sofia pays the most that I know of, but isn't advertised as being a public pool even though it is.

[semux]

 The airdrop website has been updated to allow repeat entries. If you made a mistake before, you may submit again (we only count the first valid entry though).

[duchaitp]

I get a little Semux pick up from airdrop and I hope soon there will be an exchange to buy more. I highly appreciate the Semux development team.

[samlaode]

I get a little Semux pick up from airdrop and I hope soon there will be an exchange to buy more. I highly appreciate the Semux development team.

This time you want to buy more Semuxs, you can go to the OTC thread. People are selling so much there, you can buy cheap without waiting for the exchange site.

[komawei]

Semux people take the time to take some, this is a coin project through the bull bear, the team is very low - tuning, is in the middle of the development, after the exchange on the exchange

I find that the number of confirmed airdrops is only a few hundred, which means that many people don't seem to know this activity yet.

[yyz13857180757]

Bounty hunters need enough patience to wait for the BelugaPay's release, hoping that the bull market in the half year will be a big bull market.

[phieudu0502]

I don't see how you get that....
500/64750*86.4-15% = 0.5671042471042471 SEM (Mdd) Per day based on your voting.
500/53650*86.4-15% = 0.6844361602982293 SEM (mdd2)
The mddong pools are 15%

They have 64750 and 53650 votes respectively.
So, based on the same example I layed out in my prior two posts (having 10,000 votes).....

10000/74750 = 0.1337792642140468 * 86.4 = 11.55852842809364 - 15% = 9.824749163879594 sem mddsemuxpool
10000/63650 = 0.1571091908876669 * 86.4 = 13.57423409269442 - 15% = 11.53809897879026 sem mddsemuxpool2
10000/53000 = 0.1886792452830189 * 86.4 = 16.30188679245283 - 15% = 13.85660377358491 sem melvin

Based on the above, the pool Melvin still pays more.
This is only based on the numbers at this moment.

That said....
10000/53500 = 0.1869158878504673 * 86.4 = 16.14953271028037 - 8% = 14.85757009345794 sem sofia

So, sofia pays the most that I know of, but isn't advertised as being a public pool even though it is.

Hi Michail1,
your formula was unflawed when I applied in my case. But I wonder how you can obtain all statistic numbers of fee for every pool.
Would you mind giving me the source to calculate my voting? Many thanks in advance.

[cjl1984]

To judge whether the Semux project has a future, we need to know the technology of this coin, who can understand it more, and if I can, I'll get some coins to do the node.

[shixd8899]

SEMUX this coin is not available on any stock exchange. It is difficult to give it an accurate price. I only know that nodes can vote for benefits.

[Michail1]

SEMUX this coin is not available on any stock exchange. It is difficult to give it an accurate price. I only know that nodes can vote for benefits.

To judge whether the Semux project has a future, we need to know the technology of this coin, who can understand it more, and if I can, I'll get some coins to do the node.

In Semux, you're just a person.  If you have SEM, then you can vote.  You get 1 vote per SEM you own.

To become a Deligate, you have to burn (destroy) 1000 SEM

The top 100 Deligates are validators.  This is based on the number of votes each has.


Basically, if you want to become a validator, you need to burn 1000 SEM, and you need to have (currently) about 44,000 votes total from you and friends, etc).

Every 30 minutes, a deligate (at random) is chosen to forge a block.  If they get it, the reward is 3 SEM + tx fees.

A validator get just under 29 blocks a day. @ 3 sem, that's close to 87 daily.   Since they are currently just over $1 each, that's about $100 a day per validator.


Now, since most people are not willing to put in $50k to start a validator, they likleyl get together in groups to start one.  They create pools (public and private)
Private pools is great cause you know exactly what you're going to get if you keep up with it.
Public is better in that it brings a lot of people with smaller amounts so more people get involved and everyone makes something.

[Yorikis]

SEMUX this coin is not available on any stock exchange. It is difficult to give it an accurate price. I only know that nodes can vote for benefits.

It is true that SEMUX cannot be bought on exchanges, but I bought SEMUX tokens in chat and at a low price.

[cryptokat.dev]

Semux v1.1.0 is released https://github.com/semuxproject/semux/releases. This release addresses the validator reward distribution issue; everyone is encouraged to upgrade.

Update (2018/04/16)
v1.0.0 and v1.0.1 validator nodes can no longer forge blocks as UNIFORM_DISTRIBUTION fork has been activated at block 233514.
There are still 15 outdated validators at this moment.

Update (2018/04/18)
semux666 (0xbfc7031d2ebacc8b76a6fc33b29b071dddeb2e52) is now the only validator who hasn't upgraded to v1.1

Update (2018/04/19)
All validators are now running v1.1 node. Congrats!

[sagatel]

Semux v1.1.0 is released https://github.com/semuxproject/semux/releases. This release addresses the validator reward distribution issue; everyone is encouraged to upgrade.

Update (2018/04/16)
v1.0.0 and v1.0.1 validator nodes can no longer forge blocks as UNIFORM_DISTRIBUTION fork has been activated at block 233514.
There are still 15 outdated validators at this moment.

Update (2018/04/18)
semux666 (0xbfc7031d2ebacc8b76a6fc33b29b071dddeb2e52) is now the only validator who hasn't upgraded to v1.1

Update (2018/04/19)
All validators are now running v1.1 node. Congrats!

I understand correctly that the main errors are corrected? And soon we can wait for the listing on the stock exchanges?

[Bavaria]

I understand correctly that the main errors are corrected? And soon we can wait for the listing on the stock exchanges?

This update is said to fix the many important issues.
It remains to integrate multisig wallets and ddos-resistance algorithm.  And then developers will try to add SEM to an exchange, iirc.