BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

[thesnat21]

We need to take a step back,  and not antagonize each other...

The fact is the Jews were commanded to give 10%,  but in practice gave more like 30-40% (helping serve others outside of the church requirement).

I think arguing the semantics is getting us nowhere,   we could settle on a more neutral term "offering" ?   but it doesn't change the facts.


We live in a world that is offended by everything, lets not bring this to God's kingdom..

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[bible_pay]

We need to take a step back,  and not antagonize each other...

The fact is the Jews were commanded to give 10%,  but in practice gave more like 30-40% (helping serve others outside of the church requirement).

I think arguing the semantics is getting us nowhere,   we could settle on a more neutral term "offering" ?   but it doesn't change the facts.


We live in a world that is offended by everything, lets not bring this to God's kingdom..

For now, the terminology used by POG should be Tithe.  Tithe is a form of giving.  And we had the classic 10% tithe in the old Testament in the time of the Law, and now we are living in the church age.  From my perspective - we do recognize the new Testament as the current age.

[SVK Noko]

As I understand with POG concept (it was refused two times on forum.biblepay.org by community by the way) we will mine only with running wallet? No Rosetta, WCG, Boinc manager, no members from other teams? We are going back to one year ago mining system when running wallet was occupied 100% of CPU and is sending huge amount of data up and down, blocking internet connection, big data consumption?

I hope I'm wrong.

[capulo]

if i understood it, then 100% cpu mining i needed only if you want reward for finding blocks. in other cases, you just need tithe something and then waiting in idle for reward (or very very low cpu set to mining as now with gen=1)

[MIP]

if i understood it, then 100% cpu mining i needed only if you want reward for finding blocks. in other cases, you just need tithe something and then waiting in idle for reward (or very very low cpu set to mining as now with gen=1)

You got it right. As I mentioned before, in crypto jargon we would say 20% PoBH + 80% pooled PoS.

Tithing is the "pooled PoS" part, because your stake (tithe) is not only valid for the next block (as in plain old PoS), but it counts for a 205 block (24h) period.

[slovakia]

im tried setup POG=horrible   

PODC is easy

[SVK Noko]

if i understood it, then 100% cpu mining i needed only if you want reward for finding blocks. in other cases, you just need tithe something and then waiting in idle for reward (or very very low cpu set to mining as now with gen=1)

My question is mainly if the running wallet will permanently downloading and sending huge amount of data as it is now with running wallet.

[capulo]

i'm not sure

but my question is about price, i'm still dont know how price will be covered by real $. in general, bigger difficulty means that you will need more cpu/gpu/anything power to mine same amount. so you spend more money for mining and thus coin is more valuable to you as nobody wants selling under real costs

so how it will be with pog where costs are almost zero?
todays i have cost and rewards which leads to price about 9 sat/bbp so i dont want to sell under 9

but what in pog?... realy dont know

[thesnat21]

im tried setup POG=horrible   

PODC is easy

PODC is easy because you have learned,   testnet POG is just starting, please give it a bit of time before judging.

[thesnat21]

if i understood it, then 100% cpu mining i needed only if you want reward for finding blocks. in other cases, you just need tithe something and then waiting in idle for reward (or very very low cpu set to mining as now with gen=1)

My question is mainly if the running wallet will permanently downloading and sending huge amount of data as it is now with running wallet.

Yes it will be connected, downloading blockchain data.  You already had at least 1 doing this previously.

As far as the CPU you don't need the 100% unless you really want to do POW (pobh) as well.

[bible_pay]

if i understood it, then 100% cpu mining i needed only if you want reward for finding blocks. in other cases, you just need tithe something and then waiting in idle for reward (or very very low cpu set to mining as now with gen=1)

My question is mainly if the running wallet will permanently downloading and sending huge amount of data as it is now with running wallet.

Yes it will be connected, downloading blockchain data.  You already had at least 1 doing this previously.

As far as the CPU you don't need the 100% unless you really want to do POW (pobh) as well.

Right and I don't mind going down this rabbit hole a little more and elaborating, because the last thing I want to do is give anyone the impression we would be going back to something old and broken, not the case at all.  The POBH algorithm itself is solid, its chained bible verses being solved on a CPU.  The things we did with it back then were the things that got exploited.  Remember when you talk about massive data going up and down the pipe your probably referring to the first pool.  The first pool was making you send your blockhash solution over the wire serialized.

With POG, you actually have 0 bandwidth utilization.  Your client works internally trying to solve the block, and the pool is within the wallet.  So yes, you only sync the chain once, then there is no data utilization.

EDIT:  As far as POG setup being hard, in the end there won't be any settings (just a default of genproclimit=1 and a default tithe parameter (IE tithe=auto), and we can put them both in.  Please vent any frustration to me in testnet and Ill try to help improve the experience.  I maintain it should be easy for 5 year olds.

[bible_pay]

i'm not sure

but my question is about price, i'm still dont know how price will be covered by real $. in general, bigger difficulty means that you will need more cpu/gpu/anything power to mine same amount. so you spend more money for mining and thus coin is more valuable to you as nobody wants selling under real costs

so how it will be with pog where costs are almost zero?
todays i have cost and rewards which leads to price about 9 sat/bbp so i dont want to sell under 9

but what in pog?... realy dont know

Please consider that the total market cap for a coin contains more facets than the electric rate; although I agree its a base arbitrage price for a commodity and is certainly related to coins with big mining pools and heavy electric use.  I think the sum of market cap should also include future price expectation, sanctuary lockups, lost coins per year per user, expected innovation from the roadmap, future deflation, future growth projection, and vitally future userbase count - etc.

One example in our own camp is PIVX - they are the proof of stake version of Dash.  Value = $33 mil.

One small exercise we should do is make a model.  In the model for POG you have more adoption (1000's of home pc's and laptops in the POG pool) earning small amounts vs. hundreds doing research. 

I think you are referring to motivation to sell the coin.  If the future expectation is high one will hold on to the coins.

[SVK Noko]

if i understood it, then 100% cpu mining i needed only if you want reward for finding blocks. in other cases, you just need tithe something and then waiting in idle for reward (or very very low cpu set to mining as now with gen=1)

My question is mainly if the running wallet will permanently downloading and sending huge amount of data as it is now with running wallet.

Yes it will be connected, downloading blockchain data.  You already had at least 1 doing this previously.

As far as the CPU you don't need the 100% unless you really want to do POW (pobh) as well.

Right and I don't mind going down this rabbit hole a little more and elaborating, because the last thing I want to do is give anyone the impression we would be going back to something old and broken, not the case at all.  The POBH algorithm itself is solid, its chained bible verses being solved on a CPU.  The things we did with it back then were the things that got exploited.  Remember when you talk about massive data going up and down the pipe your probably referring to the first pool.  The first pool was making you send your blockhash solution over the wire serialized.

With POG, you actually have 0 bandwidth utilization.  Your client works internally trying to solve the block, and the pool is within the wallet.  So yes, you only sync the chain once, then there is no data utilization.

EDIT:  As far as POG setup being hard, in the end there won't be any settings (just a default of genproclimit=1 and a default tithe parameter (IE tithe=auto), and we can put them both in.  Please vent any frustration to me in testnet and Ill try to help improve the experience.  I maintain it should be easy for 5 year olds.

Im happy that your arogancy is back. Thank you.

Just one thing. Start network meter and start wallet. You will see the real traffic (not you Rob). With gen=0 and genproclimit=0.

[thesnat21]

Im happy that your arogancy is back. Thank you.

Just one thing. Start network meter and start wallet. You will see the real traffic (not you Rob). With gen=0 and genproclimit=0.

Please calm down... Lets all play nice

Yes you start wallet with gen = 0, the data being sent is blockchain data..

This would be transactions, and blocks sent to/from your client.  

ANY coin would have the same, unless they are using some 3rd party to store the chain data.

[bible_pay]

if i understood it, then 100% cpu mining i needed only if you want reward for finding blocks. in other cases, you just need tithe something and then waiting in idle for reward (or very very low cpu set to mining as now with gen=1)

My question is mainly if the running wallet will permanently downloading and sending huge amount of data as it is now with running wallet.

Yes it will be connected, downloading blockchain data.  You already had at least 1 doing this previously.

As far as the CPU you don't need the 100% unless you really want to do POW (pobh) as well.

Right and I don't mind going down this rabbit hole a little more and elaborating, because the last thing I want to do is give anyone the impression we would be going back to something old and broken, not the case at all.  The POBH algorithm itself is solid, its chained bible verses being solved on a CPU.  The things we did with it back then were the things that got exploited.  Remember when you talk about massive data going up and down the pipe your probably referring to the first pool.  The first pool was making you send your blockhash solution over the wire serialized.

With POG, you actually have 0 bandwidth utilization.  Your client works internally trying to solve the block, and the pool is within the wallet.  So yes, you only sync the chain once, then there is no data utilization.

EDIT:  As far as POG setup being hard, in the end there won't be any settings (just a default of genproclimit=1 and a default tithe parameter (IE tithe=auto), and we can put them both in.  Please vent any frustration to me in testnet and Ill try to help improve the experience.  I maintain it should be easy for 5 year olds.

Im happy that your arogancy is back. Thank you.

Just one thing. Start network meter and start wallet. You will see the real traffic (not you Rob). With gen=0 and genproclimit=0.

I don't understand, why would you say such a mean spirited thing?  I answered your question.

Yes, it will be zero after synced (other than sanctuary vote traffic, which is a given).

Please, explain in what way does our testnet wallet send or receive data that is not in the next block?

Thank you.

[SVK Noko]

Im happy that your arogancy is back. Thank you.

Just one thing. Start network meter and start wallet. You will see the real traffic (not you Rob). With gen=0 and genproclimit=0.

Please calm down... Lets all play nice

Yes you start wallet with gen = 0, the data being sent is blockchain data..

This would be transactions, and blocks sent to/from your client.  

ANY coin would have the same, unless they are using some 3rd party to store the chain data.

For few days running more than 10 GB of data send and received by wallet. I can make a 7 days test and past here the exact numbers.

[thesnat21]

For few days running more than 10 GB of data send and received by wallet. I can make a 7 days test and past here the exact numbers.

I'lll look at my wallets and compare.

Overall it's because we require full chain for each node (and each node sends/receives to each other).

My main wallet has been up 7 days and sent 9gb  received 450mb

Looking at connected clients it seems a lot more is sent than received, but again this is chain data.   Passing it along to other nodes

Rob:  Is there a way to limit this?

[bible_pay]

For few days running more than 10 GB of data send and received by wallet. I can make a 7 days test and past here the exact numbers.

I'lll look at my wallets and compare.

Overall it's because we require full chain for each node (and each node sends/receives to each other).

My main wallet has been up 7 days and sent 9gb  received 450mb

Looking at connected clients it seems a lot more is sent than received, but again this is chain data.   Passing it along to other nodes

Rob:  Is there a way to limit this?

Well first the big elephant in the room is if you expose your node to the internet (IE become a full node).  If you want to be a private node just turn off the routers port forwarding for 40000.  Since we support UPNP its possible we forwarded the thing for you.

That should be night & day (IE 90% of the bandwidth is consumed by nodes accepting inbound connections).

Once you determine the baseline for public vs private node, then we can go from there (IE we need to know what the person is referring to).

[secoccular]

My wallet is pushing out easily a Gig of data per day, and is only receiving a small fraction of that.

Minersleep = 500 on purepool. Upnp disabled at the router and no ports forwarded.

[thesnat21]

My wallet is pushing out easily a Gig of data per day, and is only receiving a small fraction of that.

Minersleep = 500 on purepool. Upnp disabled at the router and no ports forwarded.

Pool mining takes sends a lot more data