【ANN】◢◣ Swipp ◢◣ Modern cryptocurrency ● X11 ● POW/POS ● Masternodes

[hpitcher]

windows version 2.0.2 shows that i need 20.000 for a masternode. did i miss something???

you need 30000 that's just a typo it will be fixed in the next release, I saw that too when I just fired up my masternode today.

[1715462683]

1715462683

[1715462683]

1715462683

[simon_ngo]

Hi erverybody. New wallet release is approaching. We will be setting a break to the next version at block 125 000. Watch this thread closely in the next few days. Masternode payments will be significantly higher with this release. As before, anybody that has not updated once we reach 125 000, will be on a obsolete chain.

I also want to give everybody a heads up concerning planned changes to masternode payment distribution. These change will not be part of this update, but the next one after that:

1. Running several masternodes on the same IP under different ports will no longer be allowed - this does not benefit the network in any way. Masternodes will simply not be accepted onto the network if a similar node with the same IP is already present.

2. If there are many masternodes in a certain geographical area competing for payouts, these will receive less than a masternode which has less competition in it' area. It will also depend on the traffic. As we are planning to host services on the masternodes, we want the masternode network to be fast and responsive, with masternodes preferably being placed where they can benefit the network the most.

Yours, team swipp

i set up masternode when 20k/node. i receive 60swp/day
then i set up masternode when 30k/node. i receive 48swp/day

the roi is very small
hope something new

Hi.

Indeed. The staking rewards in Swipp are lower now (they decreased from 5 to 3 Swipp at block 93 000. The next decrease in staking rewards is at block 200 000 - it will then go to 2 Swipp per block.

With those figures, your ROI is 58.4% which isn't all that bad. Currencies with 500%+ or several thousand percent in ROI have no future. Our focus is to build something long-term.

Nevertheless, the situation will improve with the next wallet release, as masternodes will receive PoW blocks also. The ROI will jump to roughly 350-450% after this change. This will make Swipp one of the more profitable masternode coins... However, more masternodes will then likely open, so returns will probably go down slightly as they do. We are preparing the next wallet release, so keep an eye on this thread.

Yours, team swipp

i always keep my eyes in this project. but remember total node now is 23. roi is 35% when  total node is 230

Actually, we only have 17 master nodes alive and 07 MN dead at this moment

can you check my mn??? 123.24.59.189:24055 is it still alive?
17 mn = 450%... what about 300mn

You still alive

[fusionfoto]

windows version 2.0.2 shows that i need 20.000 for a masternode. did i miss something???

you need 30000 that's just a typo it will be fixed in the next release, I saw that too when I just fired up my masternode today.

Yeah, I was bummed by that, but now I have 30K, so its a little better.

I am not sure I really like this decreasing rewards for new MNs... but am willing to hang in there.

[anupans]

Anybody can provided linux vps for MN setup ?

Thanks in advanced

[bitcoinexplorer]

Anybody can provided linux vps for MN setup ?

Thanks in advanced

you can get it from vultr or digitalocean

[tulusikhlas]

there is a guide to setup masternode vps linux?

[Onyf]

Pool Swipp


Fee 2%
No registration
Auto payments 30 min

TimeTeh.com

[bitcoinexplorer]

Try this pool, its stable and works best

http://s1.altcoinix.com/swipp/public/index.php?page=dashboard

[anupans]

any update ?

[teamswipp]

any update ?

Hi. We have been testing the release on a local testnet and ironed out a few minor issues. Everything seems to be working as expected. We will be supplying a testing script and a CPU miner with the swipp archive...

Proper announcement will follow soon.

Yours, team swipp

[fusionfoto]

I had a SWIPP MN running for a few days.

The transaction hash is this: 08eb2bdb58451cf55c87a3d650ef5f8eb79bc30bfce660c8197d0588b779f733-000

Went to my MN and a few hours ago it stopped running.

Go to the block chain explorer (https://lpool.name/explorer/SWP?txid=08eb2bdb58451cf55c87a3d650ef5f8eb79bc30bfce660c8197d0588b779f733)

and it shows the transaction, no problem.

Go to my wallet, and it says "no masternode outputs"

Check the transaction, it shows "conflicted" in my wallet.

How could this happen hundreds of confirmations AFTER settings up a working MN... and how to resolve?

Since SWIPP has the unique masternode-height thing... simply recreating my MN with a new transaction will actually cost me more collateral AND reduce my returns.

Someone suggested this could be because of staking. I've turned off staking in my conf file and restarted the wallet, and it still says staking.

Thanks in advance,

Fusion

[teamswipp]

I had a SWIPP MN running for a few days.

The transaction hash is this: 08eb2bdb58451cf55c87a3d650ef5f8eb79bc30bfce660c8197d0588b779f733-000

Went to my MN and a few hours ago it stopped running.

Go to the block chain explorer (https://lpool.name/explorer/SWP?txid=08eb2bdb58451cf55c87a3d650ef5f8eb79bc30bfce660c8197d0588b779f733)

and it shows the transaction, no problem.

Go to my wallet, and it says "no masternode outputs"

Check the transaction, it shows "conflicted" in my wallet.

How could this happen hundreds of confirmations AFTER settings up a working MN... and how to resolve?

Since SWIPP has the unique masternode-height thing... simply recreating my MN with a new transaction will actually cost me more collateral AND reduce my returns.

Someone suggested this could be because of staking. I've turned off staking in my conf file and restarted the wallet, and it still says staking.

Thanks in advance,

Fusion

Hi. It indeed looks like the last block to that masternode was a staking block;
http://explorer.swippcoin.com/address/SStcn28GSU5BvhxnCX45fTTWzndG9VNBEf

So I guess that is throwing it off. Try setting reservebalance=99999 in the config file and see if that resolves it.

Yours, team swipp

[bitcoinexplorer]

I had a SWIPP MN running for a few days.

The transaction hash is this: 08eb2bdb58451cf55c87a3d650ef5f8eb79bc30bfce660c8197d0588b779f733-000

Went to my MN and a few hours ago it stopped running.

Go to the block chain explorer (https://lpool.name/explorer/SWP?txid=08eb2bdb58451cf55c87a3d650ef5f8eb79bc30bfce660c8197d0588b779f733)

and it shows the transaction, no problem.

Go to my wallet, and it says "no masternode outputs"

Check the transaction, it shows "conflicted" in my wallet.

How could this happen hundreds of confirmations AFTER settings up a working MN... and how to resolve?

Since SWIPP has the unique masternode-height thing... simply recreating my MN with a new transaction will actually cost me more collateral AND reduce my returns.

Someone suggested this could be because of staking. I've turned off staking in my conf file and restarted the wallet, and it still says staking.

Thanks in advance,

Fusion

Hi. It indeed looks like the last block to that masternode was a staking block;
http://explorer.swippcoin.com/address/SStcn28GSU5BvhxnCX45fTTWzndG9VNBEf

So I guess that is throwing it off. Try setting reservebalance=99999 in the config file and see if that resolves it.

Yours, team swipp

Hey teamswipp

hope you are doing fine and super busy as always.

Please update the "Mining Returns" stage status at
http://www.swippcoin.com/specifications

[teamswipp]

I had a SWIPP MN running for a few days.

The transaction hash is this: 08eb2bdb58451cf55c87a3d650ef5f8eb79bc30bfce660c8197d0588b779f733-000

Went to my MN and a few hours ago it stopped running.

Go to the block chain explorer (https://lpool.name/explorer/SWP?txid=08eb2bdb58451cf55c87a3d650ef5f8eb79bc30bfce660c8197d0588b779f733)

and it shows the transaction, no problem.

Go to my wallet, and it says "no masternode outputs"

Check the transaction, it shows "conflicted" in my wallet.

How could this happen hundreds of confirmations AFTER settings up a working MN... and how to resolve?

Since SWIPP has the unique masternode-height thing... simply recreating my MN with a new transaction will actually cost me more collateral AND reduce my returns.

Someone suggested this could be because of staking. I've turned off staking in my conf file and restarted the wallet, and it still says staking.

Thanks in advance,

Fusion

Hi. It indeed looks like the last block to that masternode was a staking block;
http://explorer.swippcoin.com/address/SStcn28GSU5BvhxnCX45fTTWzndG9VNBEf

So I guess that is throwing it off. Try setting reservebalance=99999 in the config file and see if that resolves it.

Yours, team swipp

Hey teamswipp

hope you are doing fine and super busy as always.

Please update the "Mining Returns" stage status at
http://www.swippcoin.com/specifications

Hi. Thank you .

Preparing the release - so we definetly have our hands full.

Chaozer is going to do something in Javascript for that page in the next few days, so we don't have to do it manually.

Yours, team swipp

[bitcoinexplorer]

you are welcome, i like the way you listen and act 

[fusionfoto]

Hi. It indeed looks like the last block to that masternode was a staking block;
http://explorer.swippcoin.com/address/SStcn28GSU5BvhxnCX45fTTWzndG9VNBEf

So I guess that is throwing it off. Try setting reservebalance=99999 in the config file and see if that resolves it.

Yours, team swipp

Thanks, put that entry in.. and the wallet is still reporting itself as staking. It was ignoring staking=0.

How long before the coins become available for my MN again? The collateral isn't available either. In my input controls, it shows my 30K collateral as two transactions of 15001.50 or so. Even though the blockchain still sees the original 30K as a single transaction.

thanks!

Fusion

[teamswipp]

Hi. It indeed looks like the last block to that masternode was a staking block;
http://explorer.swippcoin.com/address/SStcn28GSU5BvhxnCX45fTTWzndG9VNBEf

So I guess that is throwing it off. Try setting reservebalance=99999 in the config file and see if that resolves it.

Yours, team swipp

Thanks, put that entry in.. and the wallet is still reporting itself as staking. It was ignoring staking=0.

How long before the coins become available for my MN again? The collateral isn't available either. In my input controls, it shows my 30K collateral as two transactions of 15001.50 or so. Even though the blockchain still sees the original 30K as a single transaction.

thanks!

Fusion

Hi. reservebalance is the way to go I believe.

What do you mean its not available? I can see in the block explorer that specific address has 30041.40112952 Swipp in it. You either create a new masternode and move 30k to a the new address, or remove X from the current address so you get exactly 30K, then restart the masternode. You can't start it with the wrong collateral.

As soon as the blocks are confirmed, they are available for use with a masternode.

If you are using the QT wallet, you can enable advanced coin controls in the preferences to get fine grained control of all the addresses in your wallet. The cli interface also has similar functionality by default.

Yours, team swipp

[fusionfoto]

Hi. reservebalance is the way to go I believe.

What do you mean its not available? I can see in the block explorer that specific address has 30041.40112952 Swipp in it. You either create a new masternode and move 30k to a the new address, or remove X from the current address so you get exactly 30K, then restart the masternode. You can't start it with the wrong collateral.

As soon as the blocks are confirmed, they are available for use with a masternode.

If you are using the QT wallet, you can enable advanced coin controls in the preferences to get fine grained control of all the addresses in your wallet. The cli interface also has similar functionality by default.

Yours, team swipp

So reservebalance=99999 and staking=0. When I unlock the wallet, it immediately goes to staking.

When I try to start the MN, it says collateral unavailable.

When I look at my MN under coin control... I see this:



Unlike the block explorer, my original 30K deposit now looks like two slightly off balances... so I've moved everything BUT the two 15K amounts.. but that's it. I sent the money away, but when I start the MN it still says: Error could not allocate vin for collateral address. (didn't wait 15 confs tho).


I unlocked my wallet to make the transfer and I'm staking instantly with a weight of 38620.

I went into debug and saw this:


18:02:46

reservebalance


18:02:46

{
"reserve" : false,
"amount" : 0.00000000
}


18:02:54

reservebalance=99999


18:02:54

Method not found (code -32601)


18:03:15

reservebalance 99999

18:03:27

reservebalance true 99999


18:03:27

{
"reserve" : true,
"amount" : 99999.00000000
}


so its possible that the reservebalance syntax didn't work in the config file. I'll see if this changes my outcome at all. It immediately caused no change except that the wallet says its not staking because I have no immature coins... but I don't know how long I have to wait for the previous stake to burn off.

Thanks for the help so far...

Fusion

[teamswipp]

Hi. reservebalance is the way to go I believe.

What do you mean its not available? I can see in the block explorer that specific address has 30041.40112952 Swipp in it. You either create a new masternode and move 30k to a the new address, or remove X from the current address so you get exactly 30K, then restart the masternode. You can't start it with the wrong collateral.

As soon as the blocks are confirmed, they are available for use with a masternode.

If you are using the QT wallet, you can enable advanced coin controls in the preferences to get fine grained control of all the addresses in your wallet. The cli interface also has similar functionality by default.

Yours, team swipp

So reservebalance=99999 and staking=0. When I unlock the wallet, it immediately goes to staking.

When I try to start the MN, it says collateral unavailable.

When I look at my MN under coin control... I see this:



Unlike the block explorer, my original 30K deposit now looks like two slightly off balances... so I've moved everything BUT the two 15K amounts.. but that's it. I sent the money away, but when I start the MN it still says: Error could not allocate vin for collateral address. (didn't wait 15 confs tho).


I unlocked my wallet to make the transfer and I'm staking instantly with a weight of 38620.

I went into debug and saw this:


18:02:46

reservebalance


18:02:46

{
"reserve" : false,
"amount" : 0.00000000
}


18:02:54

reservebalance=99999


18:02:54

Method not found (code -32601)


18:03:15

reservebalance 99999

18:03:27

reservebalance true 99999


18:03:27

{
"reserve" : true,
"amount" : 99999.00000000
}


so its possible that the reservebalance syntax didn't work in the config file. I'll see if this changes my outcome at all. It immediately caused no change except that the wallet says its not staking because I have no immature coins... but I don't know how long I have to wait for the previous stake to burn off.

Thanks for the help so far...

Fusion

If this keeps giving you issues, I think this might be a candidate to report to the GitHub repo for Twiddler;

https://github.com/teamswipp/swippcore/issues

He'll be able to look into it better and maybe even create some test cases for it. When I look quickly in the source code I don't see much using the "staking" option, there is however code to support reservebalance. Reservebalance does not strictly disable staking in the wallet, it just reserves an amount in the wallet (keeping it from being staked).

Yours, team swipp

[fusionfoto]

If this keeps giving you issues, I think this might be a candidate to report to the GitHub repo for Twiddler;

https://github.com/teamswipp/swippcore/issues

He'll be able to look into it better and maybe even create some test cases for it. When I look quickly in the source code I don't see much using the "staking" option, there is however code to support reservebalance. Reservebalance does not strictly disable staking in the wallet, it just reserves an amount in the wallet (keeping it from being staked).

Yours, team swipp

Opened the issue, hopefully I'll get a response.

thanks!

fusion