minertrader
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Activity: 21
Merit: 0
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September 18, 2017, 12:44:53 AM |
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How works the voting system for a delegate?
For some reason i dont find any information for that..
Will I get regular rewards for voting for delegates? Can I cancel my vote any time? Some more information will be appreciated.
Thanks
It sounds like it's like Lisk's delegate system, which makes sense because my understanding is that its a fork of Lisk. So you can vote for up to 101 delegates, but you have to do it in rounds. So for starters (since the fee is only .1 anyway), what you would do is click the top 33 delegates, then click vote to submit. Right after that, you can just click the second 33 delegates, vote to submit. Rinse and repeat for round 3. After round 3 you will have voted for 99 delegates, so in the 4th round you will only be able to vote for 2 more delegates, do that then submit. You're finished after that, just wait for the rewards to start coming in thereafter. Now, what I stated above, may NOT be considered the best practice for voting, but it gets you up and running with the delegates that are actually forging blocks. What I WOULDN'T be aware of is whether or not there are delegate pools like there are in Lisk. If so, you would need the list of the pool members and you would need to vote for everyone in that pool specifically. Also, you may or may not need to register with a delegate/pool for your rewards to start flowing in. You would need to contact the delegate to figure that stuff out. Considering the cultural barrier here, hopefully pool/delegate registration doesn't apply here. Both (Lisk and Asch) were forked from Crypti. Asch system uses consensus mechanism which is based on Delegated Proof of Stake(DPOS). However, on the bottom half of the algorithm, we use an optimized variant of PBFT algorithm. This algorithm can achieve the consistency of the loyal nodes by the message complexity of O(n ^ 2) and time complexity of O(1) at t<n/3 to prevent bifurcation. In the equation t represents the number of the Byzantine Failures nodes (any possible problems such as network latency, system crash, vicious attack), while n represents the number of all nodes. Asch uses a non-Pow algorithm, so it can’t be mined. However, the benefits can be gained by running as delegators. Asch use AC1.0 consensus algorithm (an optimized dpos with pbft algorithm) to ensure the output of blocks through the delegate system. Everyone can register to be a delegate; everyone can vote for any delegate, but only the top 101 delegates who get the most votes can forge blocks (accounting). Currently, a delegate can get 3.5 XAS as reward for forging one block, and each block takes 10 seconds to be forged. Lisk uses Delegated Proof of Stake(DPOS) |
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AschPlatform (OP)
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September 18, 2017, 03:16:02 AM |
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How works the voting system for a delegate?
For some reason i dont find any information for that..
Will I get regular rewards for voting for delegates? Can I cancel my vote any time? Some more information will be appreciated.
Thanks
Thanks for your concern, you can get more detailed information in this article: Delegate and forging mechanism of Aschhttp://bbs.asch.so/topic/481/delegate-and-forging-mechanism-of-asch |
ASCH Platform - Next-Generation Blockchain Application Platform Based on Multi-Chain Architecture and Cross-Chain Technology |
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AschPlatform (OP)
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September 18, 2017, 03:32:32 AM |
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Yes, it is our token, XAS |
ASCH Platform - Next-Generation Blockchain Application Platform Based on Multi-Chain Architecture and Cross-Chain Technology |
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Tshredz
Member
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Activity: 114
Merit: 100
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September 18, 2017, 06:02:22 AM |
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Very happy with new ANN! Go ASCH
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Stay Shredded
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murlo
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Activity: 2
Merit: 0
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September 18, 2017, 06:35:27 AM |
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I believe Asch has a great future. I hope this hits the western exchanges because if it does, it will go BOOM!
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wenzuo
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September 18, 2017, 09:12:38 AM |
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Glad to see the new ANN, Asch may suffer the worst situation ever happen, but thats nothing compared to bitcoin, every difficulty makes bitcoin stronger, i think Asch will be too
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Morphling
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September 18, 2017, 11:13:44 AM |
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as far as i know, the team is pushing very hard to list on the western exchanges, maybe there will be results soon, but i think they will not announce until the end of this matter |
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ivenchiu
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Activity: 5
Merit: 0
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September 19, 2017, 01:18:40 AM |
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Why the reddit account, old bitcointalk account and twitter account was sudenly closed without any advice or any information?
Im already an investor outside of China, i dont like the way that this was managed..
We need more support for the international investors
Thank you
we want to rebrand it and put more resource into overseas market. |
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ivenchiu
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Activity: 5
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September 19, 2017, 01:35:45 AM |
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you can purchase asch token on www.coolcoin.com |
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ivenchiu
Newbie
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Activity: 5
Merit: 0
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September 19, 2017, 01:41:57 AM |
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I think asch is the best blockchain project in china ,technical superior than other side-chain project like lisk or rise,and price is really low right now ,it means invest asch will get huge rate of return,but it should pay more attention on the overseas market,so the overseas people can buy it.
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AschPlatform (OP)
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September 19, 2017, 03:27:44 AM |
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I just invested 1btc on jubi few days before this whole fiasco. Quite depressed about it, but can only wish for the best.
Thanks for your invest, as we know the current price is affected by Chinese government policies and the environment of the whole market, Asch team continues focusing on the development of the project, and believe the market will warm again. |
ASCH Platform - Next-Generation Blockchain Application Platform Based on Multi-Chain Architecture and Cross-Chain Technology |
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Dlores
Member
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Activity: 126
Merit: 10
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September 19, 2017, 12:16:05 PM |
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In case you need Russian translation i can help:)
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minbosen
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September 19, 2017, 04:05:08 PM |
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I just invested 1btc on jubi few days before this whole fiasco. Quite depressed about it, but can only wish for the best.
Thanks for your invest, as we know the current price is affected by Chinese government policies and the environment of the whole market, Asch team continues focusing on the development of the project, and believe the market will warm again. Great to hear that the asch dev team is still working hard with the development, though the price is much lower then a few weeks ago. I think this is the right way to be a promising project. |
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pigheadbig
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September 19, 2017, 04:36:46 PM |
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as far as i know, the team is pushing very hard to list on the western exchanges, maybe there will be results soon, but i think they will not announce until the end of this matter You are right, the regulation is not over and some detail policies is not clear, almost all the Chinese exchanges and related companies are keep silent now. And I think the actual product or service based on blockchain technology will be the only chance to survive. |
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l10no
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September 19, 2017, 04:41:08 PM |
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this is a very good move, I'm glad you guys are not really leaving this project, it will be rebuilt well and success, I hope you keep working hard for this nice project, good luck
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algmironov
Newbie
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Activity: 22
Merit: 0
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September 19, 2017, 07:30:23 PM |
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Hey everyone! About one month ago I've first time found such a good project ASCH. And I still think it has a good potential. But all this situation in China dropped it's price.. So XAS needs more exchanges to be tradeable outside China. AschPlatform , Maybe you should try to add XAS for voting at Mercatox exchange? https://mercatox.com/coins/addLet me explain. Mercatox is a small ex , and they need some... hype. I mean they need more liquidity and they will get it if XAS will be added. Besides, people will be able to buy XAS and I know a lot of investors who wanted to buy it on Chinese exchanges but failed with verification because of translation issues. Nowadays with such a sweet price they are ready to buy but unable to do it. If AschPlatform will add XAS for vote on Mercatox we will do our best to make as much votes as it possible. Or maybe Mercatox will be agreed to add XAS without voting as they will understand that it will attract much more liquidity to their ex. Both of ex and ASCH will be in profit IMO. So good luck Asch team and all of it's investors! P.S. Maybe somebody knows about collcoin.com - is it working properly? I've bought some XAS to test this uknown ex but withdrawal is still processing for several hours instead of promised 30 mins. |
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Morphling
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September 20, 2017, 12:30:11 PM |
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Hey everyone! About one month ago I've first time found such a good project ASCH. And I still think it has a good potential. But all this situation in China dropped it's price.. So XAS needs more exchanges to be tradeable outside China. AschPlatform , Maybe you should try to add XAS for voting at Mercatox exchange? https://mercatox.com/coins/addLet me explain. Mercatox is a small ex , and they need some... hype. I mean they need more liquidity and they will get it if XAS will be added. Besides, people will be able to buy XAS and I know a lot of investors who wanted to buy it on Chinese exchanges but failed with verification because of translation issues. Nowadays with such a sweet price they are ready to buy but unable to do it. If AschPlatform will add XAS for vote on Mercatox we will do our best to make as much votes as it possible. Or maybe Mercatox will be agreed to add XAS without voting as they will understand that it will attract much more liquidity to their ex. Both of ex and ASCH will be in profit IMO. So good luck Asch team and all of it's investors! P.S. Maybe somebody knows about collcoin.com - is it working properly? I've bought some XAS to test this uknown ex but withdrawal is still processing for several hours instead of promised 30 mins. i havn't heard of this mercatox before, but i am willing to see xas listed on new exchange, and i dont know how the team will do. i register in coolcoin.com, but as i see the trading volume of xas on the past 24 hours is only several btc, i lose my interest, i prefer to wait for the next exchange |
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Bybox
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September 20, 2017, 12:33:24 PM |
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Very promising project. I will follow this project for sure  |
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yillusion
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September 20, 2017, 12:39:15 PM |
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i havn't heard of this mercatox before, but i am willing to see xas listed on new exchange, and i dont know how the team will do.
i register in coolcoin.com, but as i see the trading volume of xas on the past 24 hours is only several btc, i lose my interest, i prefer to wait for the next exchange
there is a rumor that coolcoin.com is the Jubi international, but i heard coinegg.com has the relationship with Jubi today, so anyone can tell me which one is or which is reliable and trustworth |
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