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lda1000
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September 06, 2018, 10:26:17 PM |
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i think that having only 100 validators is a centralised way to look at this business. but hell btc does not have 100 pools at the moment  Bitcoin is very poorly decentralized and currently mined by only 16 pools. 6 of these pools account for 81.5% of the blocks in the last 24h. So if we compare Semux it's actually very good decentralisation of mining and also gives all people a chance to participate via the delegate pools. |
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majestymage
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September 06, 2018, 10:30:00 PM |
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i think that having only 100 validators is a centralised way to look at this business. but hell btc does not have 100 pools at the moment Bitcoin is very poorly decentralized and currently mined by only 16 pools. 6 of these pools account for 81.5% of the blocks in the last 24h. So if we compare Semux it's actually very good decentralisation of mining and also gives all people a chance to participate via the delegate pools. agree but even 100 is still a small number on the global scale...but of course this can be changed if it will be necessary. |
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Phash2k
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September 06, 2018, 10:36:48 PM |
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i think that having only 100 validators is a centralised way to look at this business. but hell btc does not have 100 pools at the moment Bitcoin is very poorly decentralized and currently mined by only 16 pools. 6 of these pools account for 81.5% of the blocks in the last 24h. So if we compare Semux it's actually very good decentralisation of mining and also gives all people a chance to participate via the delegate pools. agree but even 100 is still a small number on the global scale...but of course this can be changed if it will be necessary. there is a discussion going on on discord and between devs, to increase the number of validators in the future. They want the community to decide, but first VMs will be introduced! |
Crypto-Beratung und Hilfe bei allen möglichen Crypto-Projekten oder Problemen! https://phash.de |
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mdodong
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September 06, 2018, 11:48:10 PM |
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i think that having only 100 validators is a centralised way to look at this business. but hell btc does not have 100 pools at the moment Bitcoin is very poorly decentralized and currently mined by only 16 pools. 6 of these pools account for 81.5% of the blocks in the last 24h. So if we compare Semux it's actually very good decentralisation of mining and also gives all people a chance to participate via the delegate pools. agree but even 100 is still a small number on the global scale...but of course this can be changed if it will be necessary. there is a discussion going on on discord and between devs, to increase the number of validators in the future. They want the community to decide, but first VMs will be introduced! Scaling the number of validators is trivial. The challenge here is with the bottlenecks during consensus. The Semux BFT consensus would need 2/3 of the participants to agree on the block proposal for it to be valid and forged otherwise the network will get stuck. As you scale the network factors like bandwidth and other bottlenecks will become more pronounced. As always we are striving to have a balance between Decentralization and practical performance. We will adjust accordingly. |
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sailthor
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September 06, 2018, 11:53:41 PM |
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Although Semux has already listed several small exchanges, I don't think it is enough. To be honest, these small exchanges, especially stocks.exchange, are not easy to use, where the fees are too high, and the volume of transactions very small. More exchange listing will happen post semux VM launch. Now that we have experience with exchange listing and API integration it will be much easier listing on other exchange when the time comes. Hang in there. It isn't the experience you're missing, its the exchanges willing to list |
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TheCrimsonFucker
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September 06, 2018, 11:58:35 PM |
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VM will be enough to raise SEM prices in this current market? No matter what happens, I'll win in both situations! If you drop more than this, I'll get that cheap gem or appreciate it's just enjoy the moment!  |
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sailthor
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September 07, 2018, 04:02:25 AM |
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VM will be enough to raise SEM prices in this current market? No matter what happens, I'll win in both situations! If you drop more than this, I'll get that cheap gem or appreciate it's just enjoy the moment! No, it isn't. Smart contracts in the crypto space aren't even being used |
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esprit577
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September 07, 2018, 08:48:53 AM |
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Is there a time frame for a total reduction plan?I don't know if the 100 million total is too much, but if more exchanges are listed, it can diversify the supply of transactions, and a single exchanges doesn't tell the whole story.
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Benjamin2503
Member
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Activity: 135
Merit: 10
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September 07, 2018, 11:23:18 AM |
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Although Semux has already listed several small exchanges, I don't think it is enough. To be honest, these small exchanges, especially stocks.exchange, are not easy to use, where the fees are too high, and the volume of transactions very small. More exchange listing will happen post semux VM launch. Now that we have experience with exchange listing and API integration it will be much easier listing on other exchange when the time comes. Hang in there. Of course new exchanges are always good. But in this case, with such a market, probably the right strategy will not be in a hurry with the addition of new exchanges. Our time will come, it is yet to come |
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mdodong
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September 07, 2018, 12:39:50 PM |
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semux project will turn 1 year tomorrow(Septermber 8, 2018)...so many things happened and more to come!
Cheers!
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logictense
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September 07, 2018, 01:02:19 PM |
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Although Semux has already listed several small exchanges, I don't think it is enough. To be honest, these small exchanges, especially stocks.exchange, are not easy to use, where the fees are too high, and the volume of transactions very small. More exchange listing will happen post semux VM launch. Now that we have experience with exchange listing and API integration it will be much easier listing on other exchange when the time comes. Hang in there. Of course new exchanges are always good. But in this case, with such a market, probably the right strategy will not be in a hurry with the addition of new exchanges. Our time will come, it is yet to come Of all exchanges that u have seen during ur life, only semux exchange was able to lift ur attention and worship ur body. U dont know what to do now. Running exchange is not an easy task and requires patience as well skills in personnel management and frontend engineering. If u give it a shot now u will fail as u are a rookie. Wait and see what happens. |
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esprit577
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September 07, 2018, 01:42:38 PM |
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semux project will turn 1 year tomorrow(Septermber 8, 2018)...so many things happened and more to come!
Cheers!
Time passed quickly and semux was born a year ago, a memorable moment, and the journey is just the beginning.The road ahead will be long and I believe sem will be a unique existence. |
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Phash2k
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September 07, 2018, 02:29:56 PM |
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semux project will turn 1 year tomorrow(Septermber 8, 2018)...so many things happened and more to come!
Cheers!
the right moment to introduce my semux discord bot  with wallet! try it out! https://discord.gg/4Dhh9Eu |
Crypto-Beratung und Hilfe bei allen möglichen Crypto-Projekten oder Problemen! https://phash.de |
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samlaode
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September 07, 2018, 04:58:47 PM |
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semux project will turn 1 year tomorrow(Septermber 8, 2018)...so many things happened and more to come!
Cheers!
Time passed quickly and semux was born a year ago, a memorable moment, and the journey is just the beginning.The road ahead will be long and I believe sem will be a unique existence. 1 year period is not long but not short. Many things exist and many things disappear, the market is always moving. I hope Semux will be successful and become one of the main coins have a great influence on the cryptocurrency market. |
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Ryuuma
Jr. Member
Offline
Activity: 182
Merit: 1
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September 07, 2018, 05:35:29 PM |
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I look forward to coming to a new exchange.When that day comes, we will see the real value for Semux. I do not think we can see it in a Stocks.Exchange. |
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Darthswan
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September 07, 2018, 05:51:53 PM |
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1 year, I hope that this is just a small start to a long journey. |
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tyz
Legendary
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Activity: 3360
Merit: 1530
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September 07, 2018, 07:30:12 PM |
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I look forward to coming to a new exchange.When that day comes, we will see the real value for Semux. I do not think we can see it in a Stocks.Exchange. In the meanwhile I came to the point to see that we need a better exchange. Stocks.exchange charges a lot of fees. Deposit fees and also very high withdrawal fees. Last time I paid $12 withdrawal fees (around 0.002 BTC). That is inacceptable. |
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FakeAccount
Full Member
Offline
Activity: 248
Merit: 100
I'm not real
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September 07, 2018, 08:13:48 PM |
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Happy Birthday Semux! You are now a toddler, not an infant anymore |
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hankrules
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September 07, 2018, 09:18:47 PM |
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Happy Birthday Semux! You are now a toddler, not an infant anymore Wow. A year already. Once this market swings back up, SEM will be looking strong. |
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September11Myth
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September 07, 2018, 09:23:05 PM |
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Semux project looks good indeed, except for the discussion on this thread, which is of very low level. Should anybody have to judge Semux from the level of the discussion on the Semux bitcointalk thread, OMG...
(my own post is not much better BTW)
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