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Author Topic: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)  (Read 243110 times)
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ferohers
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December 09, 2017, 07:48:38 AM
Last edit: December 09, 2017, 08:00:38 AM by ferohers
 #581

It should only be pool mining if you added something for that in the biblepay.conf file. What do you have in your file?


"addnode=node.biblepay.org  
addnode=biblepay.inspect.network  
gen=1  
genproclimit=1
poolport=80  
pool=http://pool.biblepay.org  
workerid=littlekingjohn"



genproclimit=1
Is this the one you use? This is what you change to 20 or more


it decreased.. lol.

this is weird why would my CPU usuage be at 96% for a 24 core CPU but produces 1,000 +/- hashes as my 4 core computer at 96% usage? Where is the rest of my computation power going?

My 4 core was putting out 14K hashes and my 24 core was only pushing at 15K.. (now 12K with the new settings).


Hi There,

I hear your pain. I increased my hash power 3x at least. Still could not get where I want. My first project on BBP to help others is on the way. Here is my own personal experience:

-hps2 takes time to increase and it tends to drop about %25 and increase again.
-huge hps not always provide the best hps2.High-end Xeon processor users probably upset about that.
-you see dudes 10k hps but producing 70k hps2 and I also managed to replicate that. Here is the basic formula. First you get lowend 20x - 30x vps servers. All these vpses run on the same worker-id you see only one of their hps and hps2 shows combined effort. I strongly suggest you to do otherwise. Why? Managing such numbers on single worker-id masks which performing well and hide problematic boxes.



This makes no sense. Why would a 4core intel processor (3 years old) outperform a 24core Skylake Xeon processor in terms of hashes per second?

What is the difference between the hps vs hps2? can you expand on the differences please.



Oh wish I could have the answers. That topic re-visited a lot before. I am not the expert in the field so my explanation might be wrong. For me it is your current power. For example you have a ferrari but in certain conditions you cannot drive fast it gets such as, traffic. When the road is empty and no issues ahead it goes faster and faster. The people before blamed the road(codes), blamed the traffic lights(the pool) etc.

The more miners adding to the pool, they will take a fair share for themselves. So, we old ones will not get as much as many coins.

God Bless
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 09, 2017, 02:35:14 PM
 #582

On the topic of Mining Rewards in f7000:

The proof-of-bible-hash function currently has a "node mutex" in it.  Some processors max out the node mutex faster than others because of the wait queue for shared data.  If you are experiencing this I would recommend trying the 32 bit version of biblepay.  (I dont officially recommend running multiple copies of biblepay as that is not something I condone, as I like high quality nodes, in addition that workaround is going away at Christmas). 

I do want to say that at Christmas F8000 will be enabled designed to solve this problem (At Christmas we are moving to a processor mutex.
).   You can meet us here:
http://forum.biblepay.org/index.php?topic=16.510
and reproduce the issue there by running the latest version with -testnet flag, and comparing your f8000 hashspeed across your two reference machines.  You should see a more equal HPS in testnet right now (with 1.0.6.0+).  If that solves your problem then dont worry about just wait til Christmas for the new release.

Thats why its a moot point to put much effort into this here in Prod when the algo will be changing in only 15 days.

That brings up a good point- anyone with any last minute feature requests or bugs, please go to the testnet forum and lets talk about them now.  Alex is running valgrind and has been helping me clean up the software to prevent any crashes after Christmas.  We need to work all fixes in within the next 7 days as we have to finalize the release.  CCEX will need 14 days notice to upgrade, therefore our mandatory schedule will need to be T-14 for a Christmas release.



🕇 BiblePay 🕇
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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
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December 09, 2017, 02:39:06 PM
 #583



What is the difference between the hps vs hps2? can you expand on the differences please.


Welcome aboard Saint! 

The HPS in the pool is the speed your machine is advertising to the pool.  The HPS2 is the speed the pool is measuring (for your node).
The pool pays rewards based off of HPS2.

We are temporarily leaving them both in for debugging of f8000.  Eventually we can remove HPS, and recaption HPS2 to HPS to simplify things (probably around Feb of 2018)! Sorry for the confusion for now, we have been tweaking the PoBH since inception to try to use all the processor but prevent people from gaining by running multiple copies per node and I think we finally have it ready for Christmas.




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December 09, 2017, 02:48:35 PM
 #584

NEW COIN LAUNCH



NAME: BIBLEPAY






LAUNCH DATE:  JULY 23, 2017 at 17:00:00 CST



ALGORITHM: PROOF OF BIBLEHASH (POBh) ** NEW **

BLOCK TARGET RATE: 7 MINUTES


First coin with the KJV Bible compiled in the source, and utilizing the Bible in the hashing algorithm, while spreading the gospel throughout the IT community.  The blocks also hash to chained bible verses.


TRANSACTION SPEED: SUPPORTS INSTANTSEND

MASTERNODE (SANCTUARY) SUPPORT: SUPPORTED AFTER CHRISTMAS 2017
SUBSIDY BREAKDOWN: 10% TO CHARITY, 10% TO MASTERNODES, 80% TO MINER



FORUM:
https://bitcointalk.org/index.php?topic=2388064


Backup Forum:
http://forum.biblepay.org/

BLOCK EXPLORERS:
https://biblepay-explorer.org/
http://explorer.biblepay.org:3001/
http://biblepay.inspect.network/



WIKI:
http://wiki.biblepay.org/



SOURCE CODE:
https://github.com/biblepay/biblepay

WEB SITE:
http://biblepay.org

MINING GUIDES FOR PROOF OF BIBLE HASH:
http://www.biblepay.org | Click Mining Guides for Windows or Linux

WHITEPAPER:
http://pool.biblepay.org/Docs/BiblePay_White_Paper.pdf

EXCHANGES:

#1: C-CEX:
https://c-cex.com/?p=bbp-btc

#2: COINSMARKETS:
https://coinsmarkets.com/trade-BTC-BBP.htm

TICKER: BBP
Exchange Go Live Date:  August 15th 2017

PREMINE: NONE
ICO: NONE
INCONSISTENT REWARDS: NONE

CIRCULATION CHARACTERISTIC: DEFLATIONARY
CIRCULATION RATE: DECREASE BY 1.5% PER MONTH
DEFLATION RATE: 18% per year


Sanctuary Escrow Requirement: 1,550,001 BBP



** NOTE ON DEFLATION **

 BiblePay seeks to be a deflationary currency relative to the G5 basket, by constantly decreasing its block reward structure by 1.5% per month.  We make the assumption that with our controlled seven minute block mint rate, coins will be bought at a normalized pace in time due to the free market pricing structure.


TOTAL CIRCULATION: 5.2 BILLION BY 2050, DECREASING BY 18% PER YEAR (200 MILLION AS OF NOVEMBER 2017)

EMISSION SCHEDULE PROJECTION: http://wiki.biblepay.org/Emission_Schedule
ECONOMICS: http://wiki.biblepay.org/Economics

DESCRIPTION:

A secure blockchain benefiting those in distress - 10% of the emission goes to sponsoring Orphans, with provable contributions, expenses contributed to compassion.com  - and future charities that are more than 75% efficient.  ** NOTE: THE COIN HAS RPC COMMANDS THAT PROVE 100% OF CONTRIBUTIONS ARE SPENT THE WAY INTENDED **
 


Proof of Work has been replaced with Proof Of Biblehash (POBh) - an algorithm that compensates full nodes participation,
  while preventing GPUs and ASIC by requiring full blockchain transaction referencing in the hashing function,
along with chained bible verses.  This means biblepay subsidizes full nodes that stay online.


Seven minute block targets minimize the blockchain file size, yet BiblePay does support Dash's instantsend for speedy transactions.
MasterNodes (called Sanctuaries) will come online after Christmas, allowing all expenses to be voted on and approved.

Expense receipts, to prove the sponshorship of new orphans, will be accessible from inside the wallet and we will even provide phone numbers for auditors to prove
 100% charity expenditures.  (From the rpc, type 'run contribution' to see the tithes into the foundation for a time period, and to see the outgoing sponsorship click the wallets 'Accountability' button to see
 a list of orphans, expenses, sponsorship dates, amounts, and the charity phone number, and txid).
  
For the first 6 months, 10% of each block will be allocated to the foundation, for sponsoring orphans at 100%.  Once per month, we will cash in anything over $40 available on an exchange, and sponsor orphans on our
volunteer time.

   After the sanctuaries go live, the 10% tithe will be diverted to an ongoing budget with DAO governance, voting, allowing the coin to function
as a dectralized autonomous charity; at that point the lead dev and volunteers will become a normal part of the community allowing the coin to run by itself.


To avoid wasting energy on meaningless SHA hashing, (or mining), biblepay introduces the BibleHash algorithm, that allows biblepay to
run on common commodity PCs, since the algorithm is resistant to porting to video cards and ASICs and is resistant to running in non-full node environments.

In addition to the low energy requirements and high efficiency of POB, the reward per block is set to be relative to the length of time the block took to solve,
(meaning that abusive hash attacks result in subsidy decreases).

The network will be high efficiency with low total energy consumption, and the charities sponsored must also be high efficiency (over 75%).
Next, we are deflationary, meaning that we start by issuing a larger amount of coins per block, and each year we tighten the supply by 10%.

The schedule is here: (205 blocks per day, 7 minute block targets):

EMISSION SCHEDULE PROJECTION: http://wiki.biblepay.org/Emission_Schedule


The block reward breakdown is as follows:
http://wiki.biblepay.org/Economics


After our sanctuaries go live, we allocate 10% of each block subsidy to our governance committe (a DAO), automatically, with 100% of that being
spent on charity, and 5% to IT expenses and PR.

Over time, our sanctuaries will become a charity governance committee, to allow our community to take over the day to day operations of the charity: voting on where the money is spent, how much is spent.
This way, we will not be centralized.


We only partner with charities over 75% efficient, meaning over 75% reach the end-user.



NO PREMINE - the lead dev starts with zero, the orphan foundation fund starts with zero, the distribution is entirely fair.  NO ICO.  The distribution curve is evenly declining with no hidden bumps early.
The self-governance committee and masternode payments are deliberately delayed until Christmas, to allow people to prepare and save up the initial requirement.  Running a sanctuary is open to anyone.
The lead dev will sponsor the first 10 orphans out of his own pocket.

Accountability:

The wallet will have a reconciliation page built in at go live, to show all charitable income and expenses.

The expenses will be auditable - to prove the money actually was spent on orphans.

This will be accomplished through the use of : an RPC audit command that tallies the orphan income from the blockchain,
and secondly, an API connection to a database that stores the Compassion expenses (until sanctuaries go live), with auditable backing contact info for each expense.
We will also provide a web page with pictures of the sponsored orphans clicable from the wallet to show our investors what good we are doing.
And finally- we will maintain a copy of receipts in order to maintain 100% accountability.

Future Feature:
Pay to Preach, in wallet ineractive prayer rooms.


ROADMAP:
JULY-DECEMBER 2017: GO LIVE, SPONSOR ORPHANS MONTHLY
JANUARY 2018:  MASTERNODES (SANCTUARIES) GO LIVE
FEBRUARY 2018: MARKETING, IN WALLET PRAYERS

MAY 2018: MARKET BIBLEPAY AS A 401K ALTERNATIVE

Novel distinct features of BiblePay:

Proof of Bible Hash algorithm (POBh), getblockinfo shows the chained bible verses required to solve the block,
sending money exposes a Tithe checkbox - allowing 10% to be gifted to the orphan foundation,
wallet has an in-wallet prayer system, allowing a user to send out a prayer request to the network or store prayers in the chain for the community to pray for from the overview page,
Transactions support in-chain messages, Instant Send, Voting, Decentralized Automated Charity Governance Committee, Repentance of Sins, Contributing to the orphan foundation checkbox, and reading the sin list and various staple prayers in wallet.


Our designers:



Our partners:




I think bible reading is also a part of education open source university can also take this into consideration and provide knowledge about Bible to the world.
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December 09, 2017, 02:54:52 PM
 #585

Yes, I think we should add features such as BiblePay University, so we can have Bible Tests, and reward those who take the tests with variable amounts of BBP (depending on the grade).

Thank you for your positive comments, and the plug - but Please don't quote the whole OP LOL as it will spam the board, thanks a lot for understanding.

🕇 BiblePay 🕇
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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
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December 09, 2017, 02:56:44 PM
 #586

Have you all seen how nice Alex's explorer is?

https://biblepay-explorer.org/

Note how you can drill into a block and hover over bible verses and see the context of the verse:


https://biblepay-explorer.org/block/b70fc44cf10a74b181b9c6d0ddf2a276a6ccba65a7bf34b37145b82943f35dde

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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
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December 09, 2017, 02:57:21 PM
 #587

Didnt someone say they created a paper wallet generator?

I received this question:
Do you have paper wallets so I can give Bible Pay as Christmas Gifts

Thanks

Sent from my iPhone


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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
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December 09, 2017, 07:44:47 PM
 #588

Have you all seen how nice Alex's explorer is?

https://biblepay-explorer.org/

Note how you can drill into a block and hover over bible verses and see the context of the verse:


https://biblepay-explorer.org/block/b70fc44cf10a74b181b9c6d0ddf2a276a6ccba65a7bf34b37145b82943f35dde


Explorer looks very nice Smiley

Is the price for upcoming sanctuaries known already?

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December 09, 2017, 08:23:14 PM
 #589

Dash will release the Evolution upgrade soon with Dapi and much more. Dash is the future.

Unless you have a way to keep the dash core business model and ADD Stratis features. That would be great.

Also, FYI, there is already a Stratis fork name Obsidian.

Quick update on State of The Biblepay, and a request for any constructive criticism on a potential new idea.

I took a look at Obsidian, and Im happy to say that so far it is actually a port of Stratis with the Obsidian-QT wallet - meaning it does not yet include any Prod c# code, or c# UI.  The UI in the Obsidian-QT wallet is the same as our Biblepay-QT wallet (minus the masternodes).  The thing they are releasing at Christmas is messaging for Android - not c# web UI either.

Thats good because that means we have a wide open space to do something pioneering with Stratis still.

We might not be the first as this is a HUGE project.  I think it will take a quarter to release a proof of concept.

But its good to know we might be able to focus on this project for something very original and bright for BiblePay.

I was thinking of a huge potential side effect we might inherit if we ever have a c# wallet.  We could literally add hundreds of gospel features in the wallet without breaking compatibility with a very quick release schedule as the codebase would be pool compatible, and in addition we could add tons of windows forms features to the code.






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December 09, 2017, 08:23:59 PM
Last edit: December 09, 2017, 08:34:23 PM by bible_pay
 #590

Have you all seen how nice Alex's explorer is?

https://biblepay-explorer.org/

Note how you can drill into a block and hover over bible verses and see the context of the verse:


https://biblepay-explorer.org/block/b70fc44cf10a74b181b9c6d0ddf2a276a6ccba65a7bf34b37145b82943f35dde


Explorer looks very nice Smiley

Is the price for upcoming sanctuaries known already?

They are 1,550,001 BBP.

🕇 BiblePay 🕇
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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
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December 09, 2017, 08:27:21 PM
 #591


Is the price for upcoming sanctuaries known already?

They are 1,500,001 BBP.


Sanctuary Escrow Requirement - Christmas 2017:
The escrow requirement is 1,550,001 BBP per Sanctuary.  (Thats approx. $1,250 USD).

Hmmm, is it 1,550,001? or 1,500,001?

Sanctuary guide also says 1,500,001:  http://wiki.biblepay.org/Create_Sanctuary

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December 09, 2017, 08:29:43 PM
 #592

Looks like this coin is going to the moon during christmas

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December 09, 2017, 08:35:10 PM
 #593


Is the price for upcoming sanctuaries known already?

They are 1,500,001 BBP.


Sanctuary Escrow Requirement - Christmas 2017:
The escrow requirement is 1,550,001 BBP per Sanctuary.  (Thats approx. $1,250 USD).

Hmmm, is it 1,550,001? or 1,500,001?

Sanctuary guide also says 1,500,001:  http://wiki.biblepay.org/Create_Sanctuary

Sorry, had to re-read the old post.

Yes, 1,550,001.

I edited the last post. 


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December 09, 2017, 08:46:41 PM
 #594


Its a pity this ICO does not include one line of code.  The roadmap might be adjusted to change "Yacht gathering of Prestige Token Holders" to "Jesus splits the Mt of Olives in Two" and all of those who loved riches more than him will realize their judgement is Depart from me, I never knew you- Oops you should be storing up your treasure in heaven. 

The Team tab says it all : https://privilegecoin.me/teamtoken-holders/
Whats surprising is how many Ether they will receive from people who do not do any due diligence.  I guess the creator thinks its actually funny to bilk people.





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December 09, 2017, 11:05:11 PM
 #595

Although the price rise is very very nice, what is more exciting to me is the volume!
7.2 BTC in the last 24 hours!

I hope this can become the norm. Then we are in with a shot of getting on certain exchanges, and getting the debit card going.

To sustain that volume is a big problem, because it's on C-cex, as very small volume exchange. BBP needs to go on Cryptopia, coinexchange and some others. I hope the devs will take some action regarding this matter.


Weve been very active behind the scenes on this.  Most of these exchanges are asking $35,000 to list us.  Lukes been working with Cryptopia.  Ive been trying to work with Bittrex & Poloniex.  CoinExchange.IO confirmed they would do it for 2BTC, and the 2BTC has risen by 100% since they sent the offer.  Then I didnt hear back from them until yesterday with the most basic answers, and unfortunately the answer makes me even more nervous to engage (Its basically just send us your money, and no contact info given). 

I think we'll find an exchange that will list us for less than $10k if we keep looking and we can vote for it out of the P2P budget in 2018.



Quote
Has anyone looked into listing on Bittrex?  Maybe this is old information, but it looks like they will list/launch for free and spotlight biblepay for 3 BTC:

At Bittrex, we look for coins that have high community demand, innovations to digital currency technology, or a contribution to science or humanity. Given the demand for currency launches, we limit ourselves to only a handful a week. Launching is free and at our discretion.  If your coin passes our compliance rules and you'd like to get additional marketing in our platform, we offer the option to spotlight your coin for 3.0 BTC.   

Note that we cannot list currencies where its primary purpose is to support illegal gambling, illegal drug sales, or any other activity that is illegal in our jurisdiction.  We also cannot list currencies that would be construed as a security such as digital currencies that promise/market profits or represent shares of a company.  At our discretion, we may require an additional compliance fee for listing. These happen in the extraordinary cases where your coin's use case is extremely complex and requires significant research by our staff to determine suitability.


To help speed up the process of deploying your coin, we require the following information submitted through our support desk here: https://bittrex.zendesk.com/hc/en-us/requests/new?ticket_form_id=114093958872

Coin Name
Enhanced Verified Account of team member on Bittrex - This team member must be either a core developer or a major shareholder (10% or more) of a company that backs the development of the coin.  That member will need to submit identifying documents to get their account enhanced verified. 
Description of your coin -  Why does it exist and what makes it unique?  What new technology or business concept are you bringing to the blockchain? If your ANN thread only has coin specs on it, you are not going to get listed on Bittrex. 
Coin trading symbol - The ticker needs to be 3-5 letters and cannot contain any symbols or numbers.  Please verify that your preferred symbol is not already in use on our exchange or any other.  There are a number of services that track coin prices that require the symbols to be unique. Even if the symbol is not on our exchange anymore, we won't reuse it.  Consider your symbol carefully because we will not change it once it is set.
A logo for your coin - png format with a transparent background.  The logo should be square with dimensions of 1000x1000 pixels with no white space on its border and no taglines.  It should only be a logo and expect it to show up in multiple spots in the Bittrex UI.
Launch Date (past or future)
Github Link - We only accept source code.  We will not run a binary that you provide us. 
Did you raise money/bitcoin to launch your coin?  (i.e. a CFC/ICO)
Did you have a premine?  How much is it?  Is it escrowed?
What is the max money supply for your coin?
Exchanges you are currently on
Official blockchain explorer
What is your TxFee for a transaction
Any social media information such as your official website, twitter account, facebook page, subreddit, etc.

Rob, how is it going with Bittrex?  Have you been able to get in touch with them?  Their enhanced account verification is pretty automated and doesn't take too long to get approval.  It took less than a half hour to get my account done.  If they decided to list biblepay it looks like they would list it for free and charge 3 BTC if we wanted it spotlighted.
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December 09, 2017, 11:27:58 PM
 #596



Rob, how is it going with Bittrex?  Have you been able to get in touch with them?  Their enhanced account verification is pretty automated and doesn't take too long to get approval.  It took less than a half hour to get my account done.  If they decided to list biblepay it looks like they would list it for free and charge 3 BTC if we wanted it spotlighted.

I contacted them multiple times and know someone there, and have not received a reply.  (I am on bittrex in my other community).
Feel free to contact them and ask them to list us.

I will do the verification step after you get a confirmation.


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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
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December 10, 2017, 01:42:54 AM
 #597

anyone happen to have a BBP calculator?

I'll try the 32 bit version and see what happens
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December 10, 2017, 04:28:43 AM
 #598

guys this coin looks pretty fun and harmless and all, whether it's a "good" or "bad" coin the supporting orphans thing is great; but just calling your hash bible hash does not make the hash special ... are y'all really claiming to use an original hash? can anybody (smarter than me at understanding all this) verify that it is an entirely unique algorithm? thanks!
Victory33
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December 10, 2017, 09:03:02 AM
 #599

Have you all seen how nice Alex's explorer is?

https://biblepay-explorer.org/

Note how you can drill into a block and hover over bible verses and see the context of the verse:


https://biblepay-explorer.org/block/b70fc44cf10a74b181b9c6d0ddf2a276a6ccba65a7bf34b37145b82943f35dde


Explorer looks very nice Smiley

Is the price for upcoming sanctuaries known already?

They are 1,550,001 BBP.


Thanks for your reply! Costly Smiley I need to start mining again.

BTW I did a fresh install of a wallet on win 8.1 64 bit, copy pasted my old wallet.dat with few mined coins and every time I request a payment (generate new address), I get a critical error. Do you need any details?

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December 10, 2017, 11:31:40 AM
 #600

I wanted to mention a feature we have coming at Christmas called E-commerce.

It lets US citizens buy products on amazon through the wallet (primarily because the wallet only supports address validation in the US at this time).  We are working behind the scenes getting Walmart on board also.  I have been notified that Europe deliveries will be possible in a few months if we have some volume in the US test market.

Anyway the reason I mention this is the pool website has additional new fields in the account settings page for name, address, city, state, phone.  I just wanted to say this is only required for E-commerce for Pool purchases.  Not for wallet purposes.  So we are not trying to track you, the fields are optional, and those only need to be filled out if you want to buy some Great Tribulation food in the Pool.

As far as buying from the wallet, I'm working on this guide:
http://wiki.biblepay.org/Ecommerce

There will be fields in the client that allow you to buy directly from the wallet without the pool.

Hopefully we will be the first crypto with built in Amazon products for sale.  Now you can spend your biblepay on real products.



Hi Rob,

Just for clarity, the new e-commerce feature allows us to buy products through Amazon. Are they specific products (i.e. ones that you/someone else lists in the wallet) or could we buy something random from Amazon (for example, a socket wrench)?

I think being able to spend crypto using Amazon may allow us to get the volume enough for the debit card. Imagine that!

I love how many unique and novel features you are integrating into BBP. It is fascinating to see!
Thanks Rob, you are doing a great job!

EDIT: I remembered the word I was looking for!
This project is full of innovation!
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