vinbert112
Newbie
 Offline
Activity: 5
Merit: 1
|
 |
October 20, 2019, 05:13:44 PM |
|
really interesting project but I must say that the "bear market" is having really bad effect on this one : whales are getting fat and you know what it means....
me no likey the distribution. not so healthy.
Although i'm trying to grab few K's of semux cuz there's some great ideas and talented ppl aboard.
keep up the good work guys!
Maybe you can know about this project? How i can get more SEM from coins which i already have? |
|
|
|
|
|
|
|
|
|
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
gost111
|
|
October 20, 2019, 05:37:38 PM |
|
really interesting project but I must say that the "bear market" is having really bad effect on this one : whales are getting fat and you know what it means....
me no likey the distribution. not so healthy.
Although i'm trying to grab few K's of semux cuz there's some great ideas and talented ppl aboard.
keep up the good work guys!
Maybe you can know about this project? How i can get more SEM from coins which i already have? You have to vote with your coins for one of the validators and get sem every day here you can read more: https://medium.com/semux/how-to-stake-sem-48543fe39199 |
|
|
|
|
Anthony Wolf
Newbie
Offline
Activity: 19
Merit: 1
|
|
October 20, 2019, 06:39:15 PM |
|
really interesting project but I must say that the "bear market" is having really bad effect on this one : whales are getting fat and you know what it means....
me no likey the distribution. not so healthy.
Although i'm trying to grab few K's of semux cuz there's some great ideas and talented ppl aboard.
keep up the good work guys!
No one can force people to buy or to sell, that's their own choice. I would say that it's healthy to have bear markets. I don't see anything bad in fat wallets as well. As all we know, once fat wallets will accumulate enough coins, they will start pumping up - win for traders. If you want to support the technology, if you do participate in governance, if you earn from staking - again, no problems for holders and true supporters. No matter if the price goes down or pumping hard, no one can take your SEM  |
|
|
|
|
|
MATHReX
|
|
October 20, 2019, 08:46:12 PM |
|
do you have POS or MN? Or how i can get coins?
Semux functions on DPoS consensus. You can buy some SEM coins from the exchanges it is listed. (Check the initial post for the exchanges) Then you can use the number of coins that you accumulated to vote for a particular delegate. The delegate will send your share to your wallet address periodically, thus earning SEM for holding SEM. |
|
|
|
|
Samuil
Member
Offline
Activity: 152
Merit: 12
|
|
October 20, 2019, 08:53:03 PM |
|
do you have POS or MN? Or how i can get coins?
Semux functions on DPoS consensus. You can buy some SEM coins from the exchanges it is listed. (Check the initial post for the exchanges) Then you can use the number of coins that you accumulated to vote for a particular delegate. The delegate will send your share to your wallet address periodically, thus earning SEM for holding SEM. It's like new POS system? |
|
|
|
|
Javi_Anibarro
Sr. Member
Offline
Activity: 1526
Merit: 282
tBTC - https://dapp.tbtc.network/
|
|
October 21, 2019, 04:11:52 AM |
|
It's like new POS system?
You can put it that way, in normal POS you need to keep your coin inside your wallet and do nothing to get the stake while in SEMUX you need to vote out your coin in order to run the staking process. Both of them are technically the same, you keep your coin inside your wallet but the only difference is you need to vote it out while in normal POS you do not need to do it. |
|
|
|
|
|
gost111
|
|
October 21, 2019, 05:40:07 AM |
|
do you have POS or MN? Or how i can get coins?
Semux functions on DPoS consensus. You can buy some SEM coins from the exchanges it is listed. (Check the initial post for the exchanges) Then you can use the number of coins that you accumulated to vote for a particular delegate. The delegate will send your share to your wallet address periodically, thus earning SEM for holding SEM. To be quite precise , Semux works on the consensus algorithm Semux BFT on the basis Byzantine fault tolerance (BFT) ,and so in principle everything is correct |
|
|
|
|
|
gembira
|
|
October 22, 2019, 07:56:55 PM |
|
do you have POS or MN? Or how i can get coins?
Semux functions on DPoS consensus. You can buy some SEM coins from the exchanges it is listed. (Check the initial post for the exchanges) Then you can use the number of coins that you accumulated to vote for a particular delegate. The delegate will send your share to your wallet address periodically, thus earning SEM for holding SEM. Whats the annually ROI for delegators here? Do they have some daaps on platform right now? |
|
|
|
|
|
gost111
|
|
October 23, 2019, 03:40:14 AM |
|
~
Whats the annually ROI for delegators here?
Do they have some daaps on platform right now?
VALIDATOR ROI 33.95% yearly as far as I know there are no ready-made applications yet, but the developers were going to make a bounty program to attract developers, when it is ready you can try your hand Join the official discord channel to keep up to date with the news https://discord.gg/qQVckKZ |
|
|
|
|
|
gembira
|
|
October 24, 2019, 08:38:15 PM |
|
~
Whats the annually ROI for delegators here?
Do they have some daaps on platform right now?
VALIDATOR ROI 33.95% yearly as far as I know there are no ready-made applications yet, but the developers were going to make a bounty program to attract developers, when it is ready you can try your hand Join the official discord channel to keep up to date with the news https://discord.gg/qQVckKZSo as for now its just a testnet after almost 3 years of development? Why are they so slowly? 33% is for validators as you said, But I asked what ROI for delegators? Do they have plans to decrease rewards and when? |
|
|
|
|
|
gost111
|
|
October 25, 2019, 04:06:56 AM
Last edit: October 25, 2019, 05:05:39 AM by gost111 |
|
~
Whats the annually ROI for delegators here?
Do they have some daaps on platform right now?
VALIDATOR ROI 33.95% yearly as far as I know there are no ready-made applications yet, but the developers were going to make a bounty program to attract developers, when it is ready you can try your hand Join the official discord channel to keep up to date with the news https://discord.gg/qQVckKZSo as for now its just a testnet after almost 3 years of development? Why are they so slowly? 33% is for validators as you said, But I asked what ROI for delegators? Do they have plans to decrease rewards and when? What is testnet (there is a small testnet for developers)? The coin is already long up and running ,to be precise the mainet network was launched in January 2018, the delegates do not receive an award , only the validators , I understand that you are completely unfamiliar with the coin |
|
|
|
|
Michail1
Legendary
Offline
Activity: 1498
Merit: 1164
|
|
October 25, 2019, 05:23:22 AM |
|
So as for now its just a testnet after almost 3 years of development? Why are they so slowly?
33% is for validators as you said, But I asked what ROI for delegators? Do they have plans to decrease rewards and when?
There is testnet and mainnet. You are working on bad information. Approx 33% ROI for validators. Delegates get nothing. (If they did, then no one would need to vote as they would just burn coins to make deligates). Yes, there is plans to decrease the reward. It's listed on the very front page of the website. ( http://semux.org) It states: Block Rewards: 22,000,000 SEM (mining ends in years 2031-2032) 0-2M blocks: 3 SEM / block 2M-6M blocks: 2 SEM / block 6M-14M blocks: 1 SEM / block |
|
|
|
|
|
|
gembira
|
|
October 25, 2019, 01:07:45 PM |
|
So as for now its just a testnet after almost 3 years of development? Why are they so slowly?
33% is for validators as you said, But I asked what ROI for delegators? Do they have plans to decrease rewards and when?
There is testnet and mainnet. You are working on bad information. Approx 33% ROI for validators. Delegates get nothing. (If they did, then no one would need to vote as they would just burn coins to make deligates). Yes, there is plans to decrease the reward. It's listed on the very front page of the website. ( http://semux.org) It states: Block Rewards: 22,000,000 SEM (mining ends in years 2031-2032) 0-2M blocks: 3 SEM / block 2M-6M blocks: 2 SEM / block 6M-14M blocks: 1 SEM / block Ok, I understand. I though that there is a DPoS system. So if mainnet launch was more than year ago than why there is no daaps, or how are they going use this blockchain? For what? |
|
|
|
|
|
|
|
gost111
|
|
October 25, 2019, 02:19:36 PM |
|
So as for now its just a testnet after almost 3 years of development? Why are they so slowly?
33% is for validators as you said, But I asked what ROI for delegators? Do they have plans to decrease rewards and when?
There is testnet and mainnet. You are working on bad information. Approx 33% ROI for validators. Delegates get nothing. (If they did, then no one would need to vote as they would just burn coins to make deligates). Yes, there is plans to decrease the reward. It's listed on the very front page of the website. ( http://semux.org) It states: Block Rewards: 22,000,000 SEM (mining ends in years 2031-2032) 0-2M blocks: 3 SEM / block 2M-6M blocks: 2 SEM / block 6M-14M blocks: 1 SEM / block Ok, I understand. I though that there is a DPoS system. So if mainnet launch was more than year ago than why there is no daaps, or how are they going use this blockchain? For what? and runs on a DPoS (Delegated-Proof-of-Stake) system. Semux BFT consensus algorithm, this is an improved version of DPoS system. about daaps it is better to ask developers, 2 months ago launched VM (Virtual Machine) now Semux supports smart contracts written on solidity |
|
|
|
|
Javi_Anibarro
Sr. Member
Offline
Activity: 1526
Merit: 282
tBTC - https://dapp.tbtc.network/
|
|
October 26, 2019, 07:14:03 AM |
|
Btw, how many developers are actively developing the project right now? is Mdodong still active on it? how about Cryptocat?
Checked the GitHub page, the last time Cryptocat made a commit was in April. He has been away for quite awhile.
|
|
|
|
|
|
gost111
|
|
October 26, 2019, 07:21:24 AM |
|
Btw, how many developers are actively developing the project right now? is Mdodong still active on it? how about Cryptocat?
I have not seen them for a while.
The main developers : Semux, Orogvany, Honeycrypto Mdodong in the project ,but it happens rarely Cryptocat left the project a long time ago |
|
|
|
|
Javi_Anibarro
Sr. Member
Offline
Activity: 1526
Merit: 282
tBTC - https://dapp.tbtc.network/
|
|
October 26, 2019, 10:43:25 AM |
|
The main developers : Semux, Orogvany, Honeycrypto
Mdodong in the project ,but it happens rarely
Cryptocat left the project a long time ago
he was quite active in developing the project last year. What is wrong with him? A year ago he was away from the project and then made a comeback, then he left the project again? does he leave for good or to take some vacation again? |
|
|
|
|
|
gost111
|
|
October 26, 2019, 10:55:11 AM |
|
The main developers : Semux, Orogvany, Honeycrypto
Mdodong in the project ,but it happens rarely
Cryptocat left the project a long time ago
he was quite active in developing the project last year. What is wrong with him? A year ago he was away from the project and then made a comeback, then he left the project again? does he leave for good or to take some vacation again? I can not answer this question because I do not know the answer to it, probably it would be better to ask the members of the development team about it |
|
|
|
|
|
