sunk818
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January 29, 2020, 09:05:00 PM Last edit: January 30, 2020, 04:16:43 PM by sunk818 |
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I contacted EvoNodes to see how much listing will cost. They offer shared MN hosting (like Mint Nodes before they closed). Shared MN may be attractive to investors that don't quite have 4.5M to make a sanctuary. The want $250 USD for listing. That is about 1.8M BBP at current prices.
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sunk818
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January 30, 2020, 12:44:13 AM |
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We are probably talking about 125 BBP that is being missed. The sendgscc wcg tx for < 250 RAC ends up being a minimal send of BBP (e.g. 1 BBP). So, when the miner crosses the > 250 RAC threshold, they do not receive a payment because their coin age does not match the new requirement (of saying requiring 1350 BBP of coin age). Again, not a big deal... its a one time thing I would imagine unless they keep dipping below 250 and going above it frequently. If your RAC is below 250, you do not need to have any coins If your RAC is above 250, you will need BiblePay coins in your wallet to get your daily rewards Not sure to understand ... If I have MORE than 250, I need coins in my wallet to be rewarded ? But if I'm new, I've ZERO coin in my wallet ...
Yes, you need BiblePay coins in your wallet to get research rewards The community voted for it, I think there are good reasons for it (I voted against it) https://forum.biblepay.org/index.php?topic=476.0But it basically requires you to invest upfront into BiblePay (which adds more steps) and then over time as you gain rewards you surpass the initial investment and make profit The reasoning, if I understand correctly, is so that people dont just come into BiblePay, get the rewards and just sell them all, But rather by "staking" (having to own coins) they become investors into BiblePay There's been an interesting question posed in Discord about PoDC miners that are building RAC slowly and have recently crossed the 250 RAC threshold. They will need to submit a sendgscc wcg but curious how the timing will work. I'm not intimate with how often the wcg leaderboard gets updated. I know there was a wcg tx sent out about 6 hours ago. So, if someone's RAC was 245 then, no wcg tx would have gone out. But now what happens if during the next leader update, they have 255 RAC? Will this person miss one day of PoDC payment unless they send do a sendgscc wcg from the debug console manually? So basically, the way the aggregator in PODC 2.0 works is once every 105 blocks (twice a day), each sanctuary (and full node) will re-calculate all of the rac. So for most intents and purposes this means all the cpids (participating or not) and their corresponding RAC are known to the sancs with a 12 hour delay. So what this means for the user is if one had crossed over to 255 RAC this morning, by the next morning they should see themselves in the leaderboard - lets just call it a 24 hour delay. They don't have to manually send the sendgscc as it will automatically send at the height in 'exec rac'. However if they are in team BBP with < 256 rac, we don't need the daily escrow record (we automatically insert it for the unbanked). If someone is really ancy, if they see their 'exec rac' has surpassed 255, they can manually send the sendgscc and then appear in the leaderboard a few blocks later. (The leaderboard is what the sancs use to assess the contract).
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MIP
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January 30, 2020, 03:18:11 PM |
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We have applied for Instaswap service, a BTC/Alt/Fiat bridge to purchase BBP. https://instaswap.io/Let's hope we can integrate with this service from our website and from QT and mobile wallets.
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bible_pay (OP)
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January 31, 2020, 02:15:53 PM |
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We are probably talking about 125 BBP that is being missed.
The sendgscc wcg tx for < 250 RAC ends up being a minimal send of BBP (e.g. 1 BBP). So, when the miner crosses the > 250 RAC threshold, they do not receive a payment because their coin age does not match the new requirement (of saying requiring 1350 BBP of coin age). Again, not a big deal... its a one time thing I would imagine unless they keep dipping below 250 and going above it frequently.
I don't fully agree with the terminology of "missed" or "minimal send". Instead, I maintain that there is a 24 hour delay between the point the researcher surpasses 255 rac, and a full automatic send by the wallet. The wallet does automatically send the correct coin age after the maturity period- and day to day thereafter.
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bible_pay (OP)
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January 31, 2020, 02:28:22 PM |
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Maybe - with due diligience and vetting; but - after speaking with Steven, president of SAI.NGO, who btw seems to be a very good future candidate and partner for us, explained to me how important the vetting process is for larger investors. The globalgiving seal of approval is "a good start", but more importantly, he explained the GuideStar platinum rating was one of the most coveted ratings. And if we want to yoke ourselves with leaders we should tout all spent dollars go through fully vetted orgs. I do have a lot to talk about on this but I cant make a wiki page about the concept right now. But some of this is related to being a charity agent. Part of the idea is for BBP sanctuaries to gather and rank charities that are fully vetted and apply ranking scores, and help maintain our web pages of vetted charities. And reach out to them and look for deals. Enter this info in the database and have a central (and I think this would be a brand new ngo web site for biblepay), that would allow the user to rank these by magnitude descending. Part of the magnitude would also be the discount given (either through matches, or discounts by the org). This would allow donation fiat or crypto to be passed through our system - something we dont do yet (donate buttons, donate processes etc) - and we would be a trusted arbiter of the 'best deals' - or the most bang for the buck when spent on charity. The small % fee we would charge would be rewarded back to the giver in BBP. One other discovery I made in this was 'wholesale deals'. Steven explained how he can find 20 Venezuelan orphans for half price (IE something like $20 per month), but only if this entire ecosystem was established (we cant go these routes unless we have solid commitments and the programming done and see that our community is helping do this work also). But if we get there, we will be able to offer wholesale sponsorships with these deep discounts for desperate needs. He can also potentially give us bios. So anyway, I as a part time charity investor really believe in this vetting process; it can be done more so by others because we will be seeking larger orgs like sai.ngo who naturally have to be certified to receive cross border payments etc. The problem with non-vetted orgs is there is no way to know the funds actually reach the end-user and we need 100% trust here for our pass through dollars -- otherwise we might fail. It would be nice to eventually prove that all pass through dollars can be traced to orphan ids. So far we do have that ability.
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bible_pay (OP)
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January 31, 2020, 02:31:04 PM |
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And just to reiterate my opinion, I'm all for our partners accepting BBP, and always have been. I am also of the belief its up to the individual if they want to pay POOM or sponsorship dollars in BBP. (We removed the poom autopay option so as to guard our price from dropping sharply every month. And also to make it more likely for a poom user to potentially pay in fiat. But not to completely block them. If they really want to pay in BBP they still can by doing a manual liq.) On a side note I paid my cameroon yesterday in paypal to keep the sell pressure off BBP. (And, I stopped charging BBP payroll until new exchange fund is paid off).
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bible_pay (OP)
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January 31, 2020, 02:40:45 PM |
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Wow! What a terrible line of business these hosting services have been embroiled in. Btw, hostbrz owed me a $1,000 credit and the owner e-mailed me and said don't worry we'll get back to you within 10 days with a refund plan, then they pulled the whole domain etc and dissapeared. I called my credit card company and asked if I would be allowed a chargeback but they didn't go for it due to the date of the charge being like 6 months ago. Anyway, its good we didn't go tooo far with Apollon, although I wish them the best (that is, too far in goatroping our users into something that will fail). I believe the only partner we have left is SatoshiSolutions. We will need to get an update on that project from MIP.
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bible_pay (OP)
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January 31, 2020, 02:44:20 PM |
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** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**Get rewarded BBP coins for contributing to real CPU Only science research!PODC = Proof of Distributed Computing PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup= Giveaway Terms and Conditions: - You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020- You must be contributing to research to the World Community Grid project - You must have more than 100 RAC (Recent Average Credit) Reference: https://forum.biblepay.org/index.php?topic=485.0 Looks like we have 59 participants in the leaderboard! I look forward to calculating the results on block 173,307. Good luck!
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sunk818
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February 01, 2020, 05:45:32 AM |
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** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**Get rewarded BBP coins for contributing to real CPU Only science research!PODC = Proof of Distributed Computing PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup= Giveaway Terms and Conditions: - You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020- You must be contributing to research to the World Community Grid project - You must have more than 100 RAC (Recent Average Credit) Reference: https://forum.biblepay.org/index.php?topic=485.0 Looks like we have 59 participants in the leaderboard! I look forward to calculating the results on block 173,307. Good luck! "hash": "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f", ec57 hex = 60503 decimal Figured out the value of C, but not sure how you applied it to researcher list sans <100 RAC miners.
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bible_pay (OP)
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February 01, 2020, 02:29:02 PM |
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** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**Get rewarded BBP coins for contributing to real CPU Only science research!PODC = Proof of Distributed Computing PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup= Giveaway Terms and Conditions: - You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020- You must be contributing to research to the World Community Grid project - You must have more than 100 RAC (Recent Average Credit) Reference: https://forum.biblepay.org/index.php?topic=485.0 Looks like we have 59 participants in the leaderboard! I look forward to calculating the results on block 173,307. Good luck! "hash": "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f", ec57 hex = 60503 decimal Figured out the value of C, but not sure how you applied it to researcher list sans <100 RAC miners. As far as calculating it, I wrote a tiny vb6 subroutine for this that I will post in the thread and re-use if we have another poll. LOL, it looks like I won (vout #52 in block 173245). But since I'm a nice guy I am going to award this to the CPID in position 51 (I'm going to 51 simply because the math of the answer has a floor of 51, and rounding sent it to 52). I will announce the winner next.
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bible_pay (OP)
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February 01, 2020, 02:35:10 PM |
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** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**Get rewarded BBP coins for contributing to real CPU Only science research!PODC = Proof of Distributed Computing PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup= Giveaway Terms and Conditions: - You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020- You must be contributing to research to the World Community Grid project - You must have more than 100 RAC (Recent Average Credit) Reference: https://forum.biblepay.org/index.php?topic=485.0 *** CONGRATULATIONS BBP Leaderboard PODC Researcher 027057 (BQWhLA82SxL8PW5LGnwKj8qeog3k3JETBZ), you won the 1,000,000 BBP January Prize! ***
Thank you all for participating! Since this months participation was a success, we should hold a new giveaway in February. The reward has been sent.
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sunk818
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February 01, 2020, 03:16:35 PM Last edit: February 01, 2020, 07:02:32 PM by sunk818 |
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** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**Get rewarded BBP coins for contributing to real CPU Only science research!PODC = Proof of Distributed Computing PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup= Giveaway Terms and Conditions: - You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020- You must be contributing to research to the World Community Grid project - You must have more than 100 RAC (Recent Average Credit) Reference: https://forum.biblepay.org/index.php?topic=485.0 Looks like we have 59 participants in the leaderboard! I look forward to calculating the results on block 173,307. Good luck! "hash": "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f", ec57 hex = 60503 decimal Figured out the value of C, but not sure how you applied it to researcher list sans <100 RAC miners. As far as calculating it, I wrote a tiny vb6 subroutine for this that I will post in the thread and re-use if we have another poll. LOL, it looks like I won (vout #52 in block 173245). But since I'm a nice guy I am going to award this to the CPID in position 51 (I'm going to 51 simply because the math of the answer has a floor of 51, and rounding sent it to 52). I will announce the winner next. Yes, you should set a give away for Feb 2020 too!I see the math here. Private Sub PODCWinner() 'bbp podc winner Height = 173307 sblockhash = "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f" C = CLng("&HEC57") 'last gsc transaction before 173307: 'getrawtransaction 0841a3066395229b7c0b2aae6b06f35c57a0df6ddc602ed5919a2c155f783ede 1 SuperBlockCount = 56 'researcher count minus pow miner tx minus sanctuary tx B = 65535 / SuperBlockCount A = CInt(C / B) VOUT = A + 1 'First vout *after* pow and sanctuary - (Note, if we land on a CPID with < 100 RAC, we will move to the next payable ordinal - even if we need to reset the counter from the beginning). '(This is to discourage people from making fake cpids to get votes) 'Winner = #52 (1 before Rob) : BQWhLA82SxL8PW5LGnwKj8qeog3k3JETBZ (who had a 661.69 reward at height 173245) End Sub
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MIP
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February 01, 2020, 10:49:28 PM |
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I contacted EvoNodes to see how much listing will cost. They offer shared MN hosting (like Mint Nodes before they closed). Shared MN may be attractive to investors that don't quite have 4.5M to make a sanctuary.
The want $250 USD for listing. That is about 1.8M BBP at current prices.
I received a $250 refund from SatoshiCoin hosting platform as they were discontinuing the MN hosting business too. So I will put those $250 myself from that refund. Please contact me in discord to coordinate this arrangement (if you believe EvoNodes is a good oportunity, if not, we can set those $250 aside for a better MN hosting provider we may find in the future).
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sunk818
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February 02, 2020, 07:53:18 AM Last edit: February 02, 2020, 04:28:51 PM by sunk818 |
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I contacted EvoNodes to see how much listing will cost. They offer shared MN hosting (like Mint Nodes before they closed). Shared MN may be attractive to investors that don't quite have 4.5M to make a sanctuary.
The want $250 USD for listing. That is about 1.8M BBP at current prices.
I received a $250 refund from SatoshiCoin hosting platform as they were discontinuing the MN hosting business too. So I will put those $250 myself from that refund. Please contact me in discord to coordinate this arrangement (if you believe EvoNodes is a good oportunity, if not, we can set those $250 aside for a better MN hosting provider we may find in the future). I haven't used them before, I see StakingLab has one already for us: https://stakinglab.io/pools/2216 -- assuming the service is reliable and stable, its just a matter of pooling enough BBP to get to 4.55M.
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sunk818
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February 02, 2020, 05:51:28 PM |
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this is for the dynamic whale stake (DWS).
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capulo
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February 03, 2020, 06:26:24 AM |
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150% interest? interesting
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