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Author Topic: [ANN] YupCoin [YUP] Pos with Masternodes and Decentralized Governance  (Read 41265 times)
kelly19
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November 07, 2017, 02:04:24 PM
 #201

Listen to a friend said, now masternode near 50, each block of the reward has dropped to 32 YUP.I want to know is it float?Along with the increase in the number of masternode, corresponding reward less and less?
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Norainvn
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November 07, 2017, 02:40:10 PM
 #202

Listen to a friend said, now masternode near 50, each block of the reward has dropped to 32 YUP.I want to know is it float?Along with the increase in the number of masternode, corresponding reward less and less?
SeeSaw Reward Mechanism
The SeeSaw mechanism assures a healthy balance of stakers and Masternodes on the network by incentivising one or the other more based on the current network need. If there are not enough stakers a higher percentage of the block reward will be given to them than Masternodes, and vice versa until the appropriate balance is once again achieved. Ideally 1/3 of the coins in existence should be locked up in Masternodes, this allows for 1/3 of the coins to be staking, and 1/3 of the coins to be providing liquidity to the market and circulating among users. That seems about right, but could be altered if need be to promote a healthy network.
If 1/3 of the coins are in Masternodes the block reward would be equally split between the staker and Masternode.
notforhire (OP)
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November 08, 2017, 03:25:02 AM
 #203

yupcrypto.com  just stumbled across the site.
Although the link of this website bitcointalk, but we didn't see the main thread of the updated information, not sure whether the official website.
Guys, do you really think that someone (not dev) will make a site for YupCoin? What's the point?
Well, I guess just a cursory glance would reveal that the website is not, by any means, finished, but that is where we are at with it, nice find fredforthewin. I guess you will get to watch the progress, it may be broken at any time, though. Feel free to provide suggestions and/or content. I won't be putting it up in the OP for a couple days, it should be a bit more presentable first.

Listen to a friend said, now masternode near 50, each block of the reward has dropped to 32 YUP.I want to know is it float?Along with the increase in the number of masternode, corresponding reward less and less?
SeeSaw Reward Mechanism
The SeeSaw mechanism assures a healthy balance of stakers and Masternodes on the network by incentivising one or the other more based on the current network need. If there are not enough stakers a higher percentage of the block reward will be given to them than Masternodes, and vice versa until the appropriate balance is once again achieved. Ideally 1/3 of the coins in existence should be locked up in Masternodes, this allows for 1/3 of the coins to be staking, and 1/3 of the coins to be providing liquidity to the market and circulating among users. That seems about right, but could be altered if need be to promote a healthy network.
If 1/3 of the coins are in Masternodes the block reward would be equally split between the staker and Masternode.
Precisely. Thanks for reading, Norainvn.

running the wallet since last week, PM the DEV but still no airdrop coins in my wallet.
Airdrop is random, is not fixed,only 20% of the membership qualification, you are not lucky, me too..but this does not hinder us to continue to support YUP, we could be obtained by buying it.

What does it mean the airdrop is random? Is it subject to a purely random process or does the dev pick people who receive the airdrop?
It means that every address received in a day was entered into some random random choice tool on the web, it was used to select 20% of the addresses entered each day. Seems about as simple as we could make it.

coin probably died((( at least for coinmarkets would add
now, have ~30 masternode are running!
and confused if they do not sell where the developer is silent

The dev is alive and kicking.... I just finish a conversation with him in PM.

They try to setup the website and to list the coin on exchanges....
That's good news, hoping to see the coin deal on some exchange in the next few days.Dev, will the development plan be announced these days?
go go Yupp coin, community is growing
So, yes the community is growing, and yes, I have been more or less silent.

Here's the thing, this is not some get rich quick scheme, it won't be hyped as such by us. Not much noteworthy has actually been finalized, and as such there was not really much to say. It seems as though most issues are quickly ironed out with help from one another, and there hasn't really been a need for interjection. Good job, folks.

If you are having serious, or persistent issues, hop on slack. The community there is a bit more active, and questions will probably get answered quicker.

Anyway, my primary wallet has 66 connections as of right now, I see 48 Masternodes, rewards are adjusting properly as the Masternode count increases. We could start discussing ideas for the future of YupCoin, beyond the obvious, exchanges, block explorers, yada yada. This is your chance to contribute in a meaningful way, and maybe actually see some of your own ideas implemented in a coin. This is your project, too. Own it.
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November 08, 2017, 03:31:50 AM
 #204

there is some pre-mine by dev hand , hope dev make some bounty campaign for project promation ,community now very power now .
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November 08, 2017, 03:51:55 AM
 #205

offer to find game developers and talk to them about buying VIP status or of additional functions for Yupcoin it will give a very high demand in coins and increased coin prices given that issue, I have no such znakomih no but if the idea will help to realize this will give very good support to the coin

eth; 0x1a47eed67e86b2f5301f1e7d2a9a73c0f1d1943b
hug: H7N45ZXaUVJvSbvskuw1ybgYzuNwPCWK1H
hug nodeaddress: HTMvjybjqXAtkJbqXHEqKB639rtYScfa8G
yupcoin: 7Bpr9Y8wRo7b5dhfXVeSUjEQBk3AmVrsec
altcom: ARYLQaXt6ha1ekiQh7jJfW7TxKQZET7Jmf
xlr: SWKWaLgq6rafz7x8ypsvzo9iWYZVLmJ6kh
Apexcoin: XXkApUzvnWYGDaygUe39EavGRefQXuJ4Rt
Molikcoin: MJSotoZg3f6rR5Fmi6Jqrd2BDwVxBuDwqs
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November 08, 2017, 09:37:23 AM
 #206

Hi Dev,

somtimes my masternode get error:
Status: missing.

and this is Masternode Debug:

Not capable masternode: Could not connect to my_ip:1237
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November 08, 2017, 09:39:16 AM
 #207

offer to find game developers and talk to them about buying VIP status or of additional functions for Yupcoin it will give a very high demand in coins and increased coin prices given that issue, I have no such znakomih no but if the idea will help to realize this will give very good support to the coin

wow, great idea Grin

or Dev should find some vendors who accept Yupcoin for Payment method.
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November 08, 2017, 04:04:50 PM
 #208

Hi Dev,

somtimes my masternode get error:
Status: missing.

and this is Masternode Debug:

Not capable masternode: Could not connect to my_ip:1237

If they are all run locally, you need to run 2 node (copy of yup-qt.exe renamed like yup-qt2.exe) with unique appdata folder (after making the first just copy your folder to YUP2) and in each yup.conf the masternode privkey and add in the second,third and so on (not on the first that act like controller) bind=127.0.0.1:(new masternode 2 port) and dont forget to add staking=0 on the masternode 2 yup.conf

The first masternode act like a controller for the added masternode.

Controller Masternode yup.conf in users/%USER%/appdata/roaming/YUP/
Code:
rpcuser=(user)
rpcpassword=(password)
rpcallowip=127.0.0.1
rpcport=(rpc masternode controller port)
#----
listen=1
server=1
daemon=1
staking=1 (in this way you can mint the coin not locked on masternode)
maxconnections=256
#--------------------
masternode=1
masternodeprivkey=(masternode controller privkey)
externalip=(fix_ip):(open_port masternode controller)
alertnotify=echo %s | mail -s "YUP Alert" (your_mail)

addnode=69.180.58.29
addnode=128.68.210.180
addnode=31.132.225.0
addnode=77.2.30.196
addnode=14.164.203.3
addnode=104.229.188.243
addnode=162.211.173.18
addnode=213.55.176.212
addnode=31.148.219.41
addnode=188.113.136.160
addnode=98.234.11.108
addnode=162.211.173.18
addnode=189.75.112.86
addnode=97.98.56.138
addnode=77.2.18.205
addnode=219.111.162.87

Controller Masternode masternode.conf in users/%USER%/appdata/roaming/YUP/
Code:
alias1 (fix_ip):(open_port masternode controller) (masternode controller privkey) (tx_hash masternode controller) (tx_id masternode controller)
alias2 (fix_ip):(open_port masternode controller) (masternode 2 privkey) (tx_hash masternode 2) (tx_id masternode 2)

Added Masternode yup.conf users/%USER%/appdata/roaming/YUP2/
Code:
#----
rpcuser=(user)
rpcpassword=(password)
rpcallowip=127.0.0.1
rpcport=(rpc masternode 2 port)
#----
listen=1
server=1
daemon=1
staking=0
maxconnections=256
#--------------------
masternode=1
masternodeprivkey=(masternode 2 privkey)
externalip=(same than masternode controller fix ip:port)
bind=127.0.0.1:(new masternode 2 open port)
alertnotify=echo %s | mail -s "YUP Alert" (your_mail)

addnode=69.180.58.29
addnode=128.68.210.180
addnode=31.132.225.0
addnode=77.2.30.196
addnode=14.164.203.3
addnode=104.229.188.243
addnode=162.211.173.18
addnode=213.55.176.212
addnode=31.148.219.41
addnode=188.113.136.160
addnode=98.234.11.108
addnode=162.211.173.18
addnode=189.75.112.86
addnode=97.98.56.138
addnode=77.2.18.205
addnode=219.111.162.87

For the added masternode you must empty the masternode.conf in the users/%USER%/appdata/YUP2/

you can now launch your masternode controller through a shortcut with yup-qt.exe datadir=(path of your appdata folder) and launch added masternode with yup-qt2.exe datadir=(path of your appdata folder)
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November 08, 2017, 08:53:20 PM
 #209

copy of yup-qt.exe renamed like yup-qt2.exe
Better create shortcut with datadir parameter.

dont forget to add staking=0 on the masternode 2 yup.conf
For what? What prevents staking?
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November 08, 2017, 11:13:13 PM
 #210

Proposal: Dedicate 1% of future masternode rewards and minting rewards to accumulate 2,000 coins as a bounty for
coding a paper wallet for https://walletgenerator.net/ - "tax" would end once coins were accumulated.

I dunno how to write that in "blockchain" lol

(I picked 2k based on the current price of Yup but I'm not married to that number, feel free to suggest more)
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November 09, 2017, 12:50:22 AM
 #211

Hi Dev,

somtimes my masternode get error:
Status: missing.

and this is Masternode Debug:

Not capable masternode: Could not connect to my_ip:1237

If they are all run locally, you need to run 2 node (copy of yup-qt.exe renamed like yup-qt2.exe) with unique appdata folder (after making the first just copy your folder to YUP2) and in each yup.conf the masternode privkey and add in the second,third and so on (not on the first that act like controller) bind=127.0.0.1:(new masternode 2 port) and dont forget to add staking=0 on the masternode 2 yup.conf

The first masternode act like a controller for the added masternode.

Controller Masternode yup.conf in users/%USER%/appdata/roaming/YUP/
Code:
rpcuser=(user)
rpcpassword=(password)
rpcallowip=127.0.0.1
rpcport=(rpc masternode controller port)
#----
listen=1
server=1
daemon=1
staking=1 (in this way you can mint the coin not locked on masternode)
maxconnections=256
#--------------------
masternode=1
masternodeprivkey=(masternode controller privkey)
externalip=(fix_ip):(open_port masternode controller)
alertnotify=echo %s | mail -s "YUP Alert" (your_mail)

addnode=69.180.58.29
addnode=128.68.210.180
addnode=31.132.225.0
addnode=77.2.30.196
addnode=14.164.203.3
addnode=104.229.188.243
addnode=162.211.173.18
addnode=213.55.176.212
addnode=31.148.219.41
addnode=188.113.136.160
addnode=98.234.11.108
addnode=162.211.173.18
addnode=189.75.112.86
addnode=97.98.56.138
addnode=77.2.18.205
addnode=219.111.162.87

Controller Masternode masternode.conf in users/%USER%/appdata/roaming/YUP/
Code:
alias1 (fix_ip):(open_port masternode controller) (masternode controller privkey) (tx_hash masternode controller) (tx_id masternode controller)
alias2 (fix_ip):(open_port masternode controller) (masternode 2 privkey) (tx_hash masternode 2) (tx_id masternode 2)

Added Masternode yup.conf users/%USER%/appdata/roaming/YUP2/
Code:
#----
rpcuser=(user)
rpcpassword=(password)
rpcallowip=127.0.0.1
rpcport=(rpc masternode 2 port)
#----
listen=1
server=1
daemon=1
staking=0
maxconnections=256
#--------------------
masternode=1
masternodeprivkey=(masternode 2 privkey)
externalip=(same than masternode controller fix ip:port)
bind=127.0.0.1:(new masternode 2 open port)
alertnotify=echo %s | mail -s "YUP Alert" (your_mail)

addnode=69.180.58.29
addnode=128.68.210.180
addnode=31.132.225.0
addnode=77.2.30.196
addnode=14.164.203.3
addnode=104.229.188.243
addnode=162.211.173.18
addnode=213.55.176.212
addnode=31.148.219.41
addnode=188.113.136.160
addnode=98.234.11.108
addnode=162.211.173.18
addnode=189.75.112.86
addnode=97.98.56.138
addnode=77.2.18.205
addnode=219.111.162.87

For the added masternode you must empty the masternode.conf in the users/%USER%/appdata/YUP2/

you can now launch your masternode controller through a shortcut with yup-qt.exe datadir=(path of your appdata folder) and launch added masternode with yup-qt2.exe datadir=(path of your appdata folder)
i try before, but error ( yup core already running ) , i use data yup on another folder .
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November 09, 2017, 01:14:56 AM
 #212

That’s why you need to duplicate your .exe and not just use 2 shortcut with diff datadir
Duplicate your yup-qt.exe and rename it yup-qt2.exe and create a shortcut or a .bat for each .exe with the corresponding appdata folder
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November 09, 2017, 01:43:36 AM
 #213

That’s why you need to duplicate your .exe and not just use 2 shortcut with diff datadir
Duplicate your yup-qt.exe and rename it yup-qt2.exe and create a shortcut or a .bat for each .exe with the corresponding appdata folder

thanks for you share , i will try it when my wallet have enough coins to build 2 masternode
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November 09, 2017, 04:06:06 AM
 #214

That’s why you need to duplicate your .exe and not just use 2 shortcut with diff datadir
Duplicate your yup-qt.exe and rename it yup-qt2.exe and create a shortcut or a .bat for each .exe with the corresponding appdata folder
i said i run a shortcut bat, not from exe.
if you set listen =1 , it alway user default port 1237
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November 09, 2017, 04:06:24 AM
 #215

masternode reward only 16.7 coins ,  really sad . there is 54 masternode now.
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November 09, 2017, 04:10:53 AM
 #216

reach over block 21600
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November 09, 2017, 09:19:20 AM
 #217

That’s why you need to duplicate your .exe and not just use 2 shortcut with diff datadir
Duplicate your yup-qt.exe and rename it yup-qt2.exe and create a shortcut or a .bat for each .exe with the corresponding appdata folder
i said i run a shortcut bat, not from exe.
if you set listen =1 , it alway user default port 1237

This is working for me with my config locally on win10 for now 18h without a single MISSING and time running is working too.

This is my Masternode controller wallet:




And i have a second wallet running (yup-qt2.exe datadir=(path of the second YUP folder in appdata) for the 2nd masternode but with empty masternode.conf and the yup configured like my tuto
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November 09, 2017, 12:54:55 PM
 #218

masternode reward only 16.7 coins ,  really sad . there is 54 masternode now.
the rewards will decrease when masternode increase.
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November 09, 2017, 02:21:04 PM
 #219

That’s why you need to duplicate your .exe and not just use 2 shortcut with diff datadir
Duplicate your yup-qt.exe and rename it yup-qt2.exe and create a shortcut or a .bat for each .exe with the corresponding appdata folder
i said i run a shortcut bat, not from exe.
if you set listen =1 , it alway user default port 1237

This is working for me with my config locally on win10 for now 18h without a single MISSING and time running is working too.

This is my Masternode controller wallet:




And i have a second wallet running (yup-qt2.exe datadir=(path of the second YUP folder in appdata) for the 2nd masternode but with empty masternode.conf and the yup configured like my tuto
done, maybe set Masternode.conf first
now i can do, thanks one more
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November 09, 2017, 02:32:26 PM
 #220

That’s why you need to duplicate your .exe and not just use 2 shortcut with diff datadir
Duplicate your yup-qt.exe and rename it yup-qt2.exe and create a shortcut or a .bat for each .exe with the corresponding appdata folder
i said i run a shortcut bat, not from exe.
if you set listen =1 , it alway user default port 1237

This is working for me with my config locally on win10 for now 18h without a single MISSING and time running is working too.

This is my Masternode controller wallet:
https://i.imgur.com/ucJYLVN.png

https://i.imgur.com/1ojOqpV.png

And i have a second wallet running (yup-qt2.exe datadir=(path of the second YUP folder in appdata) for the 2nd masternode but with empty masternode.conf and the yup configured like my tuto

Your masternodes are working but it seems that you are getting rewards only for masternde 2. Is this correct or I'm missing something.

Thank you
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