bible_pay (OP)
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Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
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September 10, 2018, 07:27:56 PM |
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Can you detail about IPFS (Decentralized File System) ?
Which client type will store files? masternodes only ?
How much disk space it will take ?
How much bandwidth ?
How much CPU ?
(will vultr let us run masternode if we add this feature)
Can one turn off the IPFS feature to save disk space / bandwidth /CPU ?
Can you detail about IPFS (Decentralized File System) ? -> Please read more at ipfs.io Which client type will store files? masternodes only ? -> In Phase 1, Sanctuaries only How much disk space it will take ? -> 5 gig How much bandwidth ? -> We will create Biblepay trusted IPFS nodes, so we can limit the bandwidth to be 25% of biblepay traffic How much CPU ? -> It only takes 10% of CPU on the $5 vultr (will vultr let us run masternode if we add this feature) -> Yes. I emailed vultr and they allow boinc, mining, and IPFS as long as you limit the use to no more than ~65% of the node. If you peg the node, they will take your whole account down. Can one turn off the IPFS feature to save disk space / bandwidth /CPU ? -> Yes, in Phase 1 users do not need to run IPFS but Sancs do. We are expirimenting with removing the Sanc Reward if the Sanc is not running IPFS. This is a spork. Coming Soon: Business Objects in Biblepay, and BiblePay Babysitter Search Services. |
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jaapgvk
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September 11, 2018, 06:37:21 AM |
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Interesting. Didn't know about this... |
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jaapgvk
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September 11, 2018, 07:16:09 AM |
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Just got the first Review Copy of the Blockchain Superstars episode we are going to be featured in, and it looks very professional! The 7-part series will bring clarity and substance to the public surrounding the blockchain industry. The series will focus on what it is, how it works, and who are the companies and technologies that will be the next Blockchain Superstars. Blockchain Superstars will ask the experts, interview high ranking government officials, talk to the industry insiders, and will profile 20 diverse blockchain and cryptocurrency companies and technologies that are making the biggest impact in the upcoming months and years. This is 20 000 dollars worth of PR  And hopefully we can get some press-coverage based on our appearance in the series. We're probably going to write a pitch about this. Even more PR. |
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MIP
Newbie
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Activity: 362
Merit: 0
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September 11, 2018, 08:22:43 AM
Last edit: September 11, 2018, 08:38:48 AM by MIP |
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Thanks Togo. I would highly discourage our community to operate with C-Cex, at least on a daily basis, because of their unprofessional practices (this is not to call things for it's name, scam). If you need to operate there, try to keep your balances empty at every moment, then transfer your coins, operate, and withdraw the proceeds as soon as possible. This way you will minimize the chances of living the nasty experience of seeing your balances wiped off some random day. |
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MIP
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Activity: 362
Merit: 0
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September 11, 2018, 08:54:58 AM |
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Please stop the name-calling, it looks foolish.
I understand that people is invested in BBP and lower prices are a concern for everyone. Knowing that this is a cyclical pattern in the crypto/alt-coin world does not help relieve the pain. However there is only one formula that has worked in the past and will work in the future, which is sticking to the plans, keeping the values strong, and try to offer higher value to the coin project, even in ever changing environments. Currently the money is out of the markets and it does not distinguish between the gold and the iron, the worthy and the scam. It's happening to practically all coins. The only way to survive is keeping up the good work, so when the money comes back to town, we are there in the first places in terms of technical development, governance and accountability. |
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bible_pay (OP)
Full Member
Offline
Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
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September 11, 2018, 01:29:54 PM |
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Please stop the name-calling, it looks foolish.
I understand that people is invested in BBP and lower prices are a concern for everyone. Knowing that this is a cyclical pattern in the crypto/alt-coin world does not help relieve the pain. However there is only one formula that has worked in the past and will work in the future, which is sticking to the plans, keeping the values strong, and try to offer higher value to the coin project, even in ever changing environments. Currently the money is out of the markets and it does not distinguish between the gold and the iron, the worthy and the scam. It's happening to practically all coins. The only way to survive is keeping up the good work, so when the money comes back to town, we are there in the first places in terms of technical development, governance and accountability. Yes; I agree with this 100%. Yes, we should be sticking to our fundamentals. Now I will explain why I deleted a few posts a couple pages back from people who start trying to change practices, or call us a failure claiming the original design has flaws, or claiming I'm the one making mistakes, or claiming we are untrustworthy. Let me state this in a clearer fashion: We never were untrustworthy, we have always paid all of our bills, and all of the expenses and income are clearly visible in a crystal clear manner and reconcile to accountability.biblepay.org. There is only one chain (Ive even received a PM stating we were hiding part of the block chain). There is only one chain and it adds up, and there are no hidden balances. I've invested in BiblePay because I believe in it, not because I worship Mammon. As a matter of fact one of my prayers this morning was to Burn the mammon out of BiblePay. I want God to be able to bless BiblePay's purity for its goodness, and lets extricate any spirit of mammon out of biblepay and code features in that help spread the Gospel. When we added a proposal to open the floodgates to more BOINC researchers, it is not out of desparation to 'change' the original mining algorithm - its a PR feature. It gives us the ability to enable the non-biblepay-team percentage spork. So anyone who claims we are a scam, please post Solid evidence and we will point you to the record that shows we have always been legitimate. In general I'm sure 99% of our base knows we have a legitimate and worthy mission and does not distrust biblepay. It's generally the scammers who don't trust us. The ones who won't enter the Kingdom of God because they are worldly and worship Mammon. |
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sunk818
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September 11, 2018, 02:30:27 PM |
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Just got the first Review Copy of the Blockchain Superstars episode we are going to be featured in, and it looks very professional! The 7-part series will bring clarity and substance to the public surrounding the blockchain industry. The series will focus on what it is, how it works, and who are the companies and technologies that will be the next Blockchain Superstars. Blockchain Superstars will ask the experts, interview high ranking government officials, talk to the industry insiders, and will profile 20 diverse blockchain and cryptocurrency companies and technologies that are making the biggest impact in the upcoming months and years. This is 20 000 dollars worth of PR And hopefully we can get some press-coverage based on our appearance in the series. We're probably going to write a pitch about this. Even more PR. That is great news! Is this a YouTube online video, or going to be on TV somewhere? |
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jaapgvk
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September 11, 2018, 03:19:39 PM
Last edit: September 11, 2018, 03:30:25 PM by jaapgvk |
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Just got the first Review Copy of the Blockchain Superstars episode we are going to be featured in, and it looks very professional! The 7-part series will bring clarity and substance to the public surrounding the blockchain industry. The series will focus on what it is, how it works, and who are the companies and technologies that will be the next Blockchain Superstars. Blockchain Superstars will ask the experts, interview high ranking government officials, talk to the industry insiders, and will profile 20 diverse blockchain and cryptocurrency companies and technologies that are making the biggest impact in the upcoming months and years. This is 20 000 dollars worth of PR And hopefully we can get some press-coverage based on our appearance in the series. We're probably going to write a pitch about this. Even more PR. That is great news! Is this a YouTube online video, or going to be on TV somewhere? Well, if they can deliver what they told me, it will air on tv in 50+ countries (including the USA of course). But let's wait and see. |
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jaapgvk
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September 11, 2018, 03:37:32 PM |
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If anyone wants to help out with PR: If you come across an article that combines cryptocurrency and charity, or something else that has overlap with our values. Could you please find out the contact-information (preferably email or twitter) of the journalist that has written the article, and send that information along with a link to the article to jaap@biblepay.org? |
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sunk818
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September 11, 2018, 03:49:29 PM |
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Last monthly superblock ended Aug 31? What happens to the proposals created before Aug 31? Is there a cut off? Personally, I'm seeing same proposals from Aug 2018 (and some Sep 2018) with no votes or few votes.
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bible_pay (OP)
Full Member
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Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
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September 11, 2018, 03:54:17 PM |
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Last monthly superblock ended Aug 31? What happens to the proposals created before Aug 31? Is there a cut off? Personally, I'm seeing same proposals from Aug 2018 (and some Sep 2018) with no votes or few votes.
Are you viewing the proposals in the Pool? Just look at pool.biblepay.org. |
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zthomasz
Member
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Activity: 489
Merit: 12
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September 11, 2018, 03:56:02 PM |
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Please stop the name-calling, it looks foolish.
I understand that people is invested in BBP and lower prices are a concern for everyone. Knowing that this is a cyclical pattern in the crypto/alt-coin world does not help relieve the pain. However there is only one formula that has worked in the past and will work in the future, which is sticking to the plans, keeping the values strong, and try to offer higher value to the coin project, even in ever changing environments. Currently the money is out of the markets and it does not distinguish between the gold and the iron, the worthy and the scam. It's happening to practically all coins. The only way to survive is keeping up the good work, so when the money comes back to town, we are there in the first places in terms of technical development, governance and accountability. I agree with you about the painful cycles that occur in all equities markets, certainly in crypto. I also agree that sticking to the biz plan and maintaining strong values is vital to BBP's success. Integrity and transparency will set us apart from the scams taking place in other coins and exchanges. The current crypto market is similar to the US stock market dot-com bubble that inflated in the years leading up to 2000 and then burst shortly after Y2K. The companies that survived and now flourish have continued to provide innovative services that attract customers and investors. They also produce profits for investors thru earnings and stock price appreciation. One of the biggest challenges for BBP (and all crytpo coins) is to figure how to create earnings. As good as the charitable aspects of BBP, the CPU mining and research/BOINC features may be, they don't actually do that directly. One of Rob's solutions to the earnings challenge is to create a decentralized hedge fund. This is certainly innovative and has huge potential. There will obviously be hurdles to overcome while creating a non-profit that manages a hedge fund for charitable purposes. I like the concept and look forward to hearing more detail as this phase progresses, such as info about the types of equities the hedge fund will manage. |
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sunk818
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September 11, 2018, 04:02:01 PM
Last edit: September 12, 2018, 05:18:01 AM by sunk818 |
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Yes, let the current struggles of BBP be a refining process where we end up pure gold in the end. 1 Peter 1:6–7, "Now for a little while you may have to suffer various trials, so that the genuineness of your faith, more precious than gold, which though perishable is tested by fire, may redound to praise and glory and honor at the revelation of Jesus Christ." James 1:2–4,"Count it all joy, my brethren when you meet various trials, for you know that the testing of your faith produces steadfastness. And let steadfastness have its full effect, that you may be perfect and complete, lacking in nothing." |
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bible_pay (OP)
Full Member
Offline
Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
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September 11, 2018, 05:16:42 PM
Last edit: September 11, 2018, 05:29:01 PM by bible_pay |
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Please stop the name-calling, it looks foolish.
I understand that people is invested in BBP and lower prices are a concern for everyone. Knowing that this is a cyclical pattern in the crypto/alt-coin world does not help relieve the pain. However there is only one formula that has worked in the past and will work in the future, which is sticking to the plans, keeping the values strong, and try to offer higher value to the coin project, even in ever changing environments. Currently the money is out of the markets and it does not distinguish between the gold and the iron, the worthy and the scam. It's happening to practically all coins. The only way to survive is keeping up the good work, so when the money comes back to town, we are there in the first places in terms of technical development, governance and accountability. I agree with you about the painful cycles that occur in all equities markets, certainly in crypto. I also agree that sticking to the biz plan and maintaining strong values is vital to BBP's success. Integrity and transparency will set us apart from the scams taking place in other coins and exchanges. The current crypto market is similar to the US stock market dot-com bubble that inflated in the years leading up to 2000 and then burst shortly after Y2K. The companies that survived and now flourish have continued to provide innovative services that attract customers and investors. They also produce profits for investors thru earnings and stock price appreciation. One of the biggest challenges for BBP (and all crytpo coins) is to figure how to create earnings. As good as the charitable aspects of BBP, the CPU mining and research/BOINC features may be, they don't actually do that directly. One of Rob's solutions to the earnings challenge is to create a decentralized hedge fund. This is certainly innovative and has huge potential. There will obviously be hurdles to overcome while creating a non-profit that manages a hedge fund for charitable purposes. I like the concept and look forward to hearing more detail as this phase progresses, such as info about the types of equities the hedge fund will manage. In light of being transparent, I've been fortunate enough to reach an SEC attorney (with the help of God- Jaap knows the story), and we have had our initial consultation and we are still communicating daily in analyzing each potential path that might be legally possible to structure a fund. There are so many nuances involved, I think we will need to wait until a solid plan is developed (one that meets all regulatory compliance issues) and then circle back with how exactly DAHF works with biblepay. Its extremely important to us that we stay a Utility. I updated the first page of our OP today stating that we have a Deflationary emission schedule, and that we do not claim that we are an asset that is a Hedge of Deflation against world currencies or an investment. However, I don't mean to throw water on DAHF, I think it can still be a fundamental part of Biblepay in the future, once we have the exact legal foundation settled and the integration example (for mining or usage). In other avenues, I've been working on storing business objects in IPFS. And conforming to the GDPR. It appears that in addition to Document Storage, BiblePay could be very useful as a front-end-business system. In Testnet, we are going to have a proof-of-concept for our first business object: our Contact Record. Using contact records, a user can send one another biblepay via e-mail address. Another use of this is setting yourself up as a babysitter at a certain longitude and latitude. Another use is setting your organization up as a church, to accept Tithes (since the user record has a receiving address). We were thinking of sending free bibles - drop shipped to the first church who receives $1,000 in biblepay tithes. And Id like to ask MIP to add the tithe button to the mobile wallet (now that Mobile wallet can find a registered church by contact record). This new feature requires that we run IPFS in Sancs, or create a mining algorithm that pays Miners for proof-of-document-storage (one or the other or both). For GDPR compliance, the business objects *can* be deleted from Biblepay, since we dont store them in the chain, we store them in IPFS. So we will be the first to have a Delete button in our wallet to allow you to delete a record. (Our garbage collector will delete everything that is Not leased in the chain). I'm also working on creating an Organization object for biblepay. With this, our users can assign permissions to other users for RWAD (Read-write-add-delete) abilities. We can talk more about that in the testnet thread. On a side note regarding Stratis: Our team has completed the initial stratis integration. Our first daemon, biblepayd-stratis, compiles, syncs to the top block, the POBH algorithm was ported in and works, and the miner is 95% complete (it runs with some submission issues and errors). This initial version does not have governance or PODC in it however. That is where we decided to stop on stratis while we evaluate the highest priority features to be rolled out next for BiblePay (like IPFS and business-objects and DAHF). Our team has successfully created a GUI version (IE similar to QT) that has the ability to show a field display (IE the user balance), and the wallet *can* send and receive biblepay in c# to the c++ wallet. I didnt want to give anyone an impression that we missed that roadmap deadline. I will however, in light of all the competing projects (IE Church tithing, gospel links, etc), adjust the later phases of the stratis project to be in the future while we evaluate the most important features that need coded right now. |
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ride22
Member
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Activity: 131
Merit: 10
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September 11, 2018, 07:58:24 PM |
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I am just lost in general. I guess there is a lot that I need to look up. Thanks |
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thesnat21
Jr. Member
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Activity: 490
Merit: 4
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September 11, 2018, 09:05:39 PM |
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I am just lost in general. I guess there is a lot that I need to look up. Thanks
This is basically saying for Rosetta/WCG you won't need to be in the "Biblepay" team. |
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zthomasz
Member
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Activity: 489
Merit: 12
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September 11, 2018, 11:01:52 PM |
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One of the biggest challenges for BBP (and all crytpo coins) is to figure how to create earnings. As good as the charitable aspects of BBP, the CPU mining and research/BOINC features may be, they don't actually do that directly.
One of Rob's solutions to the earnings challenge is to create a decentralized hedge fund. This is certainly innovative and has huge potential. There will obviously be hurdles to overcome while creating a non-profit that manages a hedge fund for charitable purposes.
I like the concept and look forward to hearing more detail as this phase progresses, such as info about the types of equities the hedge fund will manage.
In light of being transparent, I've been fortunate enough to reach an SEC attorney (with the help of God- Jaap knows the story), and we have had our initial consultation and we are still communicating daily in analyzing each potential path that might be legally possible to structure a fund. There are so many nuances involved, I think we will need to wait until a solid plan is developed (one that meets all regulatory compliance issues) and then circle back with how exactly DAHF works with biblepay. Its extremely important to us that we stay a Utility. I updated the first page of our OP today stating that we have a Deflationary emission schedule, and that we do not claim that we are an asset that is a Hedge of Deflation against world currencies or an investment. However, I don't mean to throw water on DAHF, I think it can still be a fundamental part of Biblepay in the future, once we have the exact legal foundation settled and the integration example (for mining or usage). In other avenues, I've been working on storing business objects in IPFS. And conforming to the GDPR. It appears that in addition to Document Storage, BiblePay could be very useful as a front-end-business system. In Testnet, we are going to have a proof-of-concept for our first business object: our Contact Record. Using contact records, a user can send one another biblepay via e-mail address. Another use of this is setting yourself up as a babysitter at a certain longitude and latitude. Another use is setting your organization up as a church, to accept Tithes (since the user record has a receiving address). We were thinking of sending free bibles - drop shipped to the first church who receives $1,000 in biblepay tithes. And Id like to ask MIP to add the tithe button to the mobile wallet (now that Mobile wallet can find a registered church by contact record). This new feature requires that we run IPFS in Sancs, or create a mining algorithm that pays Miners for proof-of-document-storage (one or the other or both). For GDPR compliance, the business objects *can* be deleted from Biblepay, since we dont store them in the chain, we store them in IPFS. So we will be the first to have a Delete button in our wallet to allow you to delete a record. (Our garbage collector will delete everything that is Not leased in the chain). I'm also working on creating an Organization object for biblepay. With this, our users can assign permissions to other users for RWAD (Read-write-add-delete) abilities. We can talk more about that in the testnet thread. On a side note regarding Stratis: Our team has completed the initial stratis integration. Our first daemon, biblepayd-stratis, compiles, syncs to the top block, the POBH algorithm was ported in and works, and the miner is 95% complete (it runs with some submission issues and errors). This initial version does not have governance or PODC in it however. That is where we decided to stop on stratis while we evaluate the highest priority features to be rolled out next for BiblePay (like IPFS and business-objects and DAHF). Our team has successfully created a GUI version (IE similar to QT) that has the ability to show a field display (IE the user balance), and the wallet *can* send and receive biblepay in c# to the c++ wallet. I didnt want to give anyone an impression that we missed that roadmap deadline. I will however, in light of all the competing projects (IE Church tithing, gospel links, etc), adjust the later phases of the stratis project to be in the future while we evaluate the most important features that need coded right now. Thanks for the detailed post. Each of these features add important investor value to the BBP project, in large part by creating potential earnings streams that can be used to help fund the charitable aspects. The front-end-business system alone could be leveraged to provide a healthy income and encourage users to participate in BiblePay orphan sponsorships. Also love the baby sitter idea. All of these features can be used to attract new folks to our agape inspired, purpose-driven technology platform (formerly known as a wallet). |
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