[ANN][SEM] Semux - Official Thread

[xnightly]

Awesome. This seems very exciting. I will try and make time to build a working mobile wallet myself. Good job guyss

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[lda1000]

Great to see this awesome road map published.

[gost111]

Of course, to lay out an updated road map is good, I look removed the specific timing of implementation, we will wait for specifics

[gembira]

Updated Roadmap 2020 is now available at https://www.semux.org/#roadmap

It seems not so big progress has been archieved so far and no decent plans for next year. What about usecase of your coins and your blockchain at all?

[The Catcher in the Rye]

What about usecase of your coins and your blockchain at all?

SEM has 3 main use cases: it is a fuel for running decentralised apps, it used in governance and BFT consensus, it is a store of value and mean of payment.

[tippytoes]

What about usecase of your coins and your blockchain at all?

SEM has 3 main use cases: it is a fuel for running decentralised apps, it used in governance and BFT consensus, it is a store of value and mean of payment.

With the mentioned use cases, can you name few known companies that are already using your services?

Also, are there any exchanges on the pipeline? I mean bigger and reputable ones?

[gembira]

What about usecase of your coins and your blockchain at all?

SEM has 3 main use cases: it is a fuel for running decentralised apps, it used in governance and BFT consensus, it is a store of value and mean of payment.

Is this in theory only or coina are really using right now? Do they have any daaps on Semux blockchain so far? What is BFT consensus? Is this PoS or DPoS?

[gost111]

What about usecase of your coins and your blockchain at all?

SEM has 3 main use cases: it is a fuel for running decentralised apps, it used in governance and BFT consensus, it is a store of value and mean of payment.

Is this in theory only or coina are really using right now? Do they have any daaps on Semux blockchain so far? What is BFT consensus? Is this PoS or DPoS?

BFT consensus is not a PoS, it is rather an improved version of DPoS ,here is an article for a better understanding
 https://en.wikipedia.org/wiki/Byzantine_fault
no projects daaps have been launched yet , but work is underway 

[gembira]

What about usecase of your coins and your blockchain at all?

SEM has 3 main use cases: it is a fuel for running decentralised apps, it used in governance and BFT consensus, it is a store of value and mean of payment.

Is this in theory only or coina are really using right now? Do they have any daaps on Semux blockchain so far? What is BFT consensus? Is this PoS or DPoS?

BFT consensus is not a PoS, it is rather an improved version of DPoS ,here is an article for a better understanding
 https://en.wikipedia.org/wiki/Byzantine_fault
no projects daaps have been launched yet , but work is underway 

So people able to delegate their coins and get rewards here? How much ROI for delegating here?
Which works do you mean?

[gost111]

What about usecase of your coins and your blockchain at all?

SEM has 3 main use cases: it is a fuel for running decentralised apps, it used in governance and BFT consensus, it is a store of value and mean of payment.

Is this in theory only or coina are really using right now? Do they have any daaps on Semux blockchain so far? What is BFT consensus? Is this PoS or DPoS?

BFT consensus is not a PoS, it is rather an improved version of DPoS ,here is an article for a better understanding
 https://en.wikipedia.org/wiki/Byzantine_fault
no projects daaps have been launched yet , but work is underway 

So people able to delegate their coins and get rewards here? How much ROI for delegating here?
Which works do you mean?

Yes, you can cast your votes for validators and get a reward, ROI is currently ~35% per year , but soon there will be a decrease in the reward for the block ,and the ROI will decrease, I mean the work to improve the platform 

[halo_pay16]

Happy new year to all Semux supporter and development team ,  all the best in 2020 with the new updated roadmap.

[halo_pay16]

Halving successfully completed now with reducing the block reward to 2 SEM  , see link below :
https://semux.top/transaction/0x251f9e72f61e567cb35ec5c14ffe8bfd4014e93a29b1c17263dd459f8fe4e869
Hope to see real value of sem from now on .
Thanks

[savel]

all public pool operators need to update software https://github.com/orogvany/semux-pool/releases/tag/1.6.0

[halo_pay16]

all public pool operators need to update software https://github.com/orogvany/semux-pool/releases/tag/1.6.0

What is the technical consequences if pool software not updated to required version 1.6.0 ? is it still be able to pay voters ?
Thanks

[DMDCreeper]

all public pool operators need to update software https://github.com/orogvany/semux-pool/releases/tag/1.6.0

What is the technical consequences if pool software not updated to required version 1.6.0 ? is it still be able to pay voters ?
Thanks

The main difference is that in older pool software there was a hardcoded block reward of 3 sem. But now it reads block reward directly:
https://github.com/orogvany/semux-pool/commit/239a316e2bee337e5e293df88c5b70aeca6f8a4d#diff-c30456586563df8bc835517778fe7aaaR205-R208

So older pools can make wrong payouts after the block reward adjustment happened earlier today. Old pools can overpay some voters and thus won't have enough funds to pay for the rest.
So it's better to update pool software to the latest version for not having any issues with payouts.

[gost111]

New public pool browser launched https://semux.info/public-pools 

[xnightly]

Great progress to see the block reduction smoothly transition at #2M. Awesome.

[lda1000]

Great progress to see the block reduction smoothly transition at #2M. Awesome.

Yup, went smoothly from 3 to 2 SEM a block reward.

[SmileBiG]

What about security?

[lda1000]

What about security?

It's all ultra secure  


Semux has one block confirmation transaction finality - unbeatable tech man ...