[ANN][SEM] Semux - Official Thread

[vejonkaren]

Will SEM be paid to potentially do marketing for VM release?

First of all Semux project need to clear off scam accusation and it's affiliation to Valery Solodovnik, the serial fraudster behind scam exchanges p2pb2b and coinsbit. Up to this Semux is soiled by the fact it's listed on p2pb2b.

[1714037031]

1714037031

[1714037031]

1714037031

[1714037031]

1714037031

[1714037031]

1714037031

[p1erce]

semux-v2.0.0-rc.1 is now released (v1.5.0 is deprecated).  https://github.com/semuxproject/semux-core/releases


Notes:

- Please backup your wallet file, wallet.data, and do a full-sync with the network.

- This is a release candidate for both mainnet and testnet. The final 2.0 release (to hardfork the mainnet) is scheduled for August 25, 2019.**

It's amazing that work still remains to be done here. Congratulations. Why will there be a hardfork? Will there be two blockchains?

No two blockchains. Just an upgrade to the new version.

[voodox]

semux-v2.0.0-rc.1 is now released (v1.5.0 is deprecated).  https://github.com/semuxproject/semux-core/releases


Notes:

- Please backup your wallet file, wallet.data, and do a full-sync with the network.

- This is a release candidate for both mainnet and testnet. The final 2.0 release (to hardfork the mainnet) is scheduled for August 25, 2019.**

Awesome. Thank you! I see the roadmap was updated till Q3 2020 - that's cool.
What's about the Mobile wallet's - are they planned for Android and iOS?

[kensaii]

Semux needs a new Signature Campaign to make the bitcointalk users notice it again.
Kudos to many Semux holders that still keep Semux banner and signature with them but that's not enough.

[lda1000]

Any contracts already deployed on mainnet?

[borderline]

Any contracts already deployed on mainnet?

mainnet fork 25h august.

[frcat]

What's new for Semux happened lately? What is the positive news?

Semux has been listed in a new exchange. Devs are working on virtual machine and light wallets.
Facebook announced $LIBRA based on the same technology as Semux.
SEM has a very bright future

And what exchanges we can see in near future? For more than 2 year they have not listed SEM to any decent exchange. I disappointed in this project already, as without exchanges and good marketing they will stay at the same place as they are now.

You have to consider this moment from a right view. Why should be SEMUX listed on popular platforms now, when it‘s not realised his main character? It‘s like to put completely new electric autonomous unique car generation of Bugatti for sale, without the planed feature which is important and need time to be realised. Sometimes you need to go with time to fit in the market. In this case. Be patient. In Semux we trust.

By the way, it seems like really, that Libra stolen the technology of SEMUX, that will be really an exciting moment. We wait for the code publicity. But there are few moments points to this fact. Will later write

Whats unique has Semux? Can you explain me? And when they will deliver this? What technology "Libra stolen"?
Semux isnt a new project. They have been started developing since 2017. so almost 2 years. its too long for crypto...

[Javi_Anibarro]

What is new everybody? I have been away from this project for a couple of months. The last time I was here, I heard we are going to implement a smart contract.
any progress regarding this? and how many projects/peoples are using this right now?

Whats unique has Semux? Can you explain me? And when they will deliver this? What technology "Libra stolen"?
Semux isnt a new project. They have been started developing since 2017. so almost 2 years. its too long for crypto...

I know nothing about Libra, but SEMUX is a unique project because they created their codebase from scratch. And they are using java as their base. And 2 years is not too long for crypto because Bitcoin itself has been here for almost 10 years.

[lda1000]

What is new everybody? I have been away from this project for a couple of months. The last time I was here, I heard we are going to implement a smart contract.
any progress regarding this? and how many projects/peoples are using this right now?

Whats unique has Semux? Can you explain me? And when they will deliver this? What technology "Libra stolen"?
Semux isnt a new project. They have been started developing since 2017. so almost 2 years. its too long for crypto...

I know nothing about Libra, but SEMUX is a unique project because they created their codebase from scratch. And they are using java as their base. And 2 years is not too long for crypto because Bitcoin itself has been here for almost 10 years.

Semux v2.0 will hit mainnet end of this month. This release will feature smart contacts engine

https://github.com/semuxproject/semux-core/releases/tag/v2.0.0-rc.2

Big big achievement and huge congrats to the team!

[clip123]

I am seeing zero balance after restoring wallet. Anyway to scan all the addresses to restore balance?

[Devotionless]

How will you stand out among all your competitors?

[Mr-BTC]

How will you stand out among all your competitors?

Stand what? Semux already dead.

[Devotionless]

How will you stand out among all your competitors?

Stand what? Semux already dead.

Oh it is?, good to know haha.

[fraktall]

New public pool: smartpool
Minimum payout: 0.25 SEM
Fee: 10%
Payout time is 06:30 UTC
Welcome!

[Javi_Anibarro]

Semux v2.0 will hit mainnet end of this month. This release will feature smart contacts engine

https://github.com/semuxproject/semux-core/releases/tag/v2.0.0-rc.2

Big big achievement and huge congrats to the team!

That is good to hear, and has anyone out there tried to use Semux smart contract in testnet before? Any progress or update with the wallet?
because the last time I used it, it took more than 1 GB to complete the sync. It is a lot.

I am seeing zero balance after restoring wallet. Anyway to scan all the addresses to restore balance?

https://semux.info/explorer

how about search all of your addresses on there? there is no other way to find out other than synching it or searching it on blockexplorer.

[clip123]

Semux v2.0 will hit mainnet end of this month. This release will feature smart contacts engine

https://github.com/semuxproject/semux-core/releases/tag/v2.0.0-rc.2

Big big achievement and huge congrats to the team!

That is good to hear, and has anyone out there tried to use Semux smart contract in testnet before? Any progress or update with the wallet?
because the last time I used it, it took more than 1 GB to complete the sync. It is a lot.

I am seeing zero balance after restoring wallet. Anyway to scan all the addresses to restore balance?

https://semux.info/explorer

how about search all of your addresses on there? there is no other way to find out other than synching it or searching it on blockexplorer.

I sync and then imported the wallet. I see balance on explorer but wanted to vote.

Is there any way to get list of all private keys from that imported wallet with public keys?

If I could scan all keys or get them exported then i should be able to restore balance.

[frcat]

I know nothing about Libra, but SEMUX is a unique project because they created their codebase from scratch. And they are using java as their base. And 2 years is not too long for crypto because Bitcoin itself has been here for almost 10 years.

In another words you said: "This is unique, but idk why" 
And? Java is old well know language. They didnt invented Java as like as this made Vitalik and Gavin Wood (Solidity for Ethereum).

[The Catcher in the Rye]

In another words you said: "This is unique, but idk why"  
And? Java is old well know language. They didnt invented Java as like as this made Vitalik and Gavin Wood (Solidity for Ethereum).

Why java
They chose Java because it's a popular language with huge community and reliable networking libraries which is critical for 100 validators being communicating with each other all the time.
If you check the history of commits, you'll see that large part of codebase has been developed by community members. semuxgo started this project back in 2017 and on mainnet launch in 2018 many other Java developers and blockchain enthusiasts joined the project: cryptokat, orogvany, witoldsz, phash, honeycrypto, mdodong.

Why semux is unique

• as mentioned above, semux is not a fork and its codebase written from scratch. So it's literally genuine software.
• they developed own modification of BFT consensus [1] which makes Semux faster than competitors like Ethereum: 15 tps vs 166 tps semux
• semux is censorship-resistant, 2/3 of validators is enough to keep the network live. Imagine if due to escalation of China-USA trade war [2] one of these countries will decide to isolate the internet completely. For coins like Bitcoin or Ethereum this will be a disaster, there will be no transactions in weeks or months due to high difficulty and low hashrate. But Semux will continue working with no issues (unless there is no more than 33% validators in China, but this is not the case - see the map [3]
• high passive income, at the moment 36% yearly yield; one of the highest in crypto industry
• according to semux roadmap [4], the project features not only Semux BFT consensus, but also Virtual Machine and On-Chain governance. So Semux took the strongest features of Bitcoin + Ethereum + Tezos and added more on top.
• No ICO, no IEO, no crowdfunding - in 2019 when every project seeks for our money, this already sounds extraordinary
• Semux is one of few projects driven by international community, so there is no force in the world which can shut it down like centralised projects baked by corporations (EOS, TRON, ETH, and almost all the other cryptos except Bitcoin).

[1] https://github.com/semuxproject/semux-core/blob/master/docs/Semux-BFT-Consensus.md#semux-bft-specifications
[2] https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_war
[3] https://semux.info/delegates
[4] https://www.semux.org/#roadmap

[Javi_Anibarro]

In another words you said: "This is unique, but idk why"  
And? Java is old well know language. They didnt invented Java as like as this made Vitalik and Gavin Wood (Solidity for Ethereum).

Why java
They chose Java because it's a popular language with huge community and reliable networking libraries which is critical for 100 validators being communicating with each other all the time.
If you check the history of commits, you'll see that large part of codebase has been developed by community members. semuxgo started this project back in 2017 and on mainnet launch in 2018 many other Java developers and blockchain enthusiasts joined the project: cryptokat, orogvany, witoldsz, phash, honeycrypto, mdodong.

Why semux is unique

• as mentioned above, semux is not a fork and its codebase written from scratch. So it's literally genuine software.
• they developed own modification of BFT consensus [1] which makes Semux faster than competitors like Ethereum: 15 tps vs 166 tps semux
• semux is censorship-resistant, 2/3 of validators is enough to keep the network live. Imagine if due to escalation of China-USA trade war [2] one of these countries will decide to isolate the internet completely. For coins like Bitcoin or Ethereum this will be a disaster, there will be no transactions in weeks or months due to high difficulty and low hashrate. But Semux will continue working with no issues (unless there is no more than 33% validators in China, but this is not the case - see the map [3]
• high passive income, at the moment 36% yearly yield; one of the highest in crypto industry
• according to semux roadmap [4], the project features not only Semux BFT consensus, but also Virtual Machine and On-Chain governance. So Semux took the strongest features of Bitcoin + Ethereum + Tezos and added more on top.
• No ICO, no IEO, no crowdfunding - in 2019 when every project seeks for our money, this already sounds extraordinary
• Semux is one of few projects driven by international community, so there is no force in the world which can shut it down like centralised projects baked by corporations (EOS, TRON, ETH, and almost all the other cryptos except Bitcoin).

[1] https://github.com/semuxproject/semux-core/blob/master/docs/Semux-BFT-Consensus.md#semux-bft-specifications
[2] https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_war
[3] https://semux.info/delegates
[4] https://www.semux.org/#roadmap

Very nice.
And I have a single question, for now, Semux can handle approximately around 166 tps as you said, so will they improve our current transaction speed in the future?
and what will they do to improve it? (will we change its codebase based on Jave to another thing?) because if we do not find a way to increase its capacity to do the transaction, it is not going to be sustainable if we are only rooting for this to match up with other competitors.
such as waves, for example, they can go for a thousand using bulk-transfers and else.

[Chmel]

I think its time to buy some semux, easy bounce from 1k to 5k.