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Author Topic: BiblePay | Masternodes | Sanctuaries | POBH - ASIC Resistant | 10% ORPHANS  (Read 74802 times)
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April 16, 2018, 01:10:08 PM
 #6801

When this is fixed could you look into reducing the block reward variability.  Right now the PoDC daily super block is 1,179,301 which, since the PoDC reward and the Sanctuary rewards are supposed to both be 38.5% (equal), means the average Sanctuary reward should be 5752.  I've not seen anything remotely close to that.  In the last 5 weeks I have seen one transaction above 5000.

Your post inspired me to make this chart, I hope it can be useful for someone:
(wait while it loads)



The dots are indicating individual payouts and the yellow line is a moving average.

I only took 3 sanctuaries for this chart, my own and two others I picked from the explorer, then I exported data from those addresses. I had to manually extract sanctuary payouts from other transactions. (In your own wallet though, you can just go to Transactions, type your sanctuary label in the text box at the top and then click the Export button to get a nice CSV file). I don't know if there is a way this can be done through the API or something, getting payout data from all sanctuaries without going manually through each one.

It's a small sample, but maybe these three are enough to make a somewhat informative chart.
Interesting! Although, I'll say that the trendline there doesn't make the summer look very profitable...
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April 16, 2018, 01:18:51 PM
 #6802

I found the root cause of the nt7bios-string length limit exceeded error, we will have the fix in the next release.

EDIT: Regarding the slow block completion times, where the daily superblock is 1 hour later per day:  In our June quarterly mandatory release, we will mathematically measure the slippage % and fix it permanently.


When this is fixed could you look into reducing the block reward variability.  Right now the PoDC daily super block is 1,179,301 which, since the PoDC reward and the Sanctuary rewards are supposed to both be 38.5% (equal), means the average Sanctuary reward should be 5752.  I've not seen anything remotely close to that.  In the last 5 weeks I have seen one transaction above 5000.

This daily PoDC superblock also implies the average block should be a reward of 14,942.  This is also significantly below the target maximum block reward.  The target block reward is 20,000, reducing by 1.5% compounded every 6150 blocks (monthly in coin time terms), which means we should have had 6 1.5% reductions, meaning the maximum block reward should be at 18,266, which again is far below what the PoDC Super block or MN rewards extrapolate to.  

The max coin supply at this point (block 40800) should be roughly 780M Coins but we're currently at about 555M.  While that in some ways is good for the price, etc, it's causing our maximum supply number to be really off if we continue down that path.   So I guess what I'm really asking is, if the block timing issue gets solved the rest of the way, is there any reason to not make the block reward equal to the maximum for that time period (with the understanding that the reward gets escrowed for superblocks and the like)?


The block reward variability is due to our GetBlockSubsidy being influenced by our current difficulty level.

The higher the difficulty, the lower the reward.  This is an important and useful feature and added by design, and we should of course have it in the wallet.  It will help us weather botnet attacks from heat miners over time.

I can easily see our *actual* coin emission being 20% lower than the projected emission chart, possibly higher depending on how popular we become.  If we ever became as popular as dash, it would be 50% lower than the projected (as emission would be based on 5000 BBP blocks).  

The great news is that 19.5% compounded deflation rate still works in addition to the variable block reward.

Regarding the 7 minute blocks, yes, thanks Inblue for the chart, but we are still off a tiny bit so I believe we will need a slight adjustment in June to make the blocks (approximately) 1 hour faster per day.


Nice chart Jaap!  It corresponds to the Pools Difficulty history report.


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April 16, 2018, 01:20:55 PM
 #6803

This may be well known but if you havent heard -

CEX shares an account with Bitfinex that belongs to a polish bank that is very small. Its all fishy as fishy can get. If you have not moved your assets off CEX, you need to be doing that ASAP given the volume of restrictions, sanctions, and subpoenas on Bitfinex to prove its Tether backing.
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April 16, 2018, 01:23:43 PM
 #6804

Just to be sure. Is this correct?

-In order to heat mine, you need magnitude.
-To get magnitude, you need to be included in at least one superblock.
-You need to stake at least 5% (1BBP/RAC) to be included in a superblock.

Because I was thinking about people that want to heat mine first in order to get BBP to stake for Boinc-mining. There are a lot of people that think exchanges are cumbersome (convert fiat to BTC to BBP). But I think the best route for them to go is to earn free BBP (Letter Writing, Gospel Links, BiblePay University) instead of heat mining, if it's impossible to get magnitude without staking first.


Yes, this was born from the back and forth Swongle discussions for added POW security.
You do need to be in a superblock to receive magnitude, so that alludes to the fact you need at least 5% of your UTXO staked to fall in the 10% bracket.

Of course if the RAC is low, thats not a lot of BBP.  (Also you might add that unbanked CPIDs can be in a superblock without a UTXO).
Remember they can get a few BBP from Faucets also.

We might want to ask T-Mike to start an advanced faucet on PODC.org his web site to maybe compensat new Rosetta/WCG users with startup capital if they show a new CPID (to our system), he could fund them with P2P proposal funds (IE one 500,000 proposal for 6 months of new users capital etc).  

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April 16, 2018, 01:46:36 PM
 #6805



It’s been since 4/9/18 that I have been pulling shares with no magnitude in pool, any idea how long it takes BOINC to solve enough tasks to start pulling in magnitude? Anything else I should check, any commands I should type into debug to figure out any other issues that could be causing the no mag issue? Should I just move all BBP coins to one wallet under one CPID number to see if that fixes the Magnitude issue? Should I switch pools? Thanks.

If you type exec getboincinfo, you should see positive RAC by now.
Please paste your CPID, and also, check your boinc client to see if its RAC agrees with the biblepay exec getboincinfo.
Also, you should be in the pool superblock view report.




Here is what I am getting from debug commands. Any advice on what to do next?


20:32:15

{
  "Command": "getboincinfo",
  "CPID": "eb3eee4eac3ce7c6f903198678bf4075",
  "Address": "BGn1YG311oNkgBH9G8iVeX54cPwtAGcuUf",
  "CPIDS": "eb3eee4eac3ce7c6f903198678bf4075;",
  "CPID-Age (hours)": 423291,
  "NextSuperblockHeight": 41000,
  "NextSuperblockBudget": 1179301,
  "eb3eee4eac3ce7c6f903198678bf4075_ADDRESS": "BGn1YG311oNkgBH9G8iVeX54cPwtAGcuUf",
  "eb3eee4eac3ce7c6f903198678bf4075_RAC": 0,
  "eb3eee4eac3ce7c6f903198678bf4075_TEAM": 15044,
  "eb3eee4eac3ce7c6f903198678bf4075_WCGRAC": 0,
  "eb3eee4eac3ce7c6f903198678bf4075_TaskWeight": 0,
  "eb3eee4eac3ce7c6f903198678bf4075_UTXOWeight": 0,
  "Total_RAC": 0,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1179301,
  "Total Budget (One Week)": 8255107,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "40795,40590,40385,40180,39975,39770,39565,39360",
  "Last Superblock Height": 40795,
  "Last Superblock Budget": 1179301,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}


20:35:06

exec totalrac


20:35:07

{
  "Command": "totalrac",
  "Total RAC": 0,
  "UTXO Target": 10
}
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April 16, 2018, 01:52:12 PM
 #6806



It’s been since 4/9/18 that I have been pulling shares with no magnitude in pool, any idea how long it takes BOINC to solve enough tasks to start pulling in magnitude? Anything else I should check, any commands I should type into debug to figure out any other issues that could be causing the no mag issue? Should I just move all BBP coins to one wallet under one CPID number to see if that fixes the Magnitude issue? Should I switch pools? Thanks.

If you type exec getboincinfo, you should see positive RAC by now.
Please paste your CPID, and also, check your boinc client to see if its RAC agrees with the biblepay exec getboincinfo.
Also, you should be in the pool superblock view report.




Here is what I am getting from debug commands. Any advice on what to do next?


20:32:15

{
  "Command": "getboincinfo",
  "CPID": "eb3eee4eac3ce7c6f903198678bf4075",
  "Address": "BGn1YG311oNkgBH9G8iVeX54cPwtAGcuUf",
  "CPIDS": "eb3eee4eac3ce7c6f903198678bf4075;",
  "CPID-Age (hours)": 423291,
  "NextSuperblockHeight": 41000,
  "NextSuperblockBudget": 1179301,
  "eb3eee4eac3ce7c6f903198678bf4075_ADDRESS": "BGn1YG311oNkgBH9G8iVeX54cPwtAGcuUf",
  "eb3eee4eac3ce7c6f903198678bf4075_RAC": 0,
  "eb3eee4eac3ce7c6f903198678bf4075_TEAM": 15044,
  "eb3eee4eac3ce7c6f903198678bf4075_WCGRAC": 0,
  "eb3eee4eac3ce7c6f903198678bf4075_TaskWeight": 0,
  "eb3eee4eac3ce7c6f903198678bf4075_UTXOWeight": 0,
  "Total_RAC": 0,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1179301,
  "Total Budget (One Week)": 8255107,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "40795,40590,40385,40180,39975,39770,39565,39360",
  "Last Superblock Height": 40795,
  "Last Superblock Budget": 1179301,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}


20:35:06

exec totalrac


20:35:07

{
  "Command": "totalrac",
  "Total RAC": 0,
  "UTXO Target": 10
}


When you log in to BOINC/R@H, and go to your account, in the section "Computing and Credit" -
1) Is your Recent Average Credit >0?
2) Is your CPID (listed small at the bottom of Cross-Project Statistics) eb3eee4eac3ce7c6f903198678bf4075 ?
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April 16, 2018, 01:53:12 PM
 #6807

Same for me, no magnitude at all from 3 week..
Below my Boinc info


15:16:40

exec getboincinfo


15:16:46

{
  "Command": "getboincinfo",
  "CPID": "4ccf98820bb7e49687830de075251942",
  "Address": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "CPIDS": "4ccf98820bb7e49687830de075251942;",
  "CPID-Age (hours)": 423301,
  "NextSuperblockHeight": 41000,
  "NextSuperblockBudget": 1179301,
  "4ccf98820bb7e49687830de075251942_ADDRESS": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "4ccf98820bb7e49687830de075251942_RAC": 7432.28,
  "4ccf98820bb7e49687830de075251942_TEAM": 15044,
  "4ccf98820bb7e49687830de075251942_WCGRAC": 0,
  "4ccf98820bb7e49687830de075251942_TaskWeight": 100,
  "4ccf98820bb7e49687830de075251942_UTXOWeight": 4477,
  "Total_RAC": 7432.28,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1179301,
  "Total Budget (One Week)": 8255107,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "40795,40590,40385,40180,39975,39770,39565,39360",
  "Last Superblock Height": 40795,
  "Last Superblock Budget": 1179301,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}


In the boinc leader board i'm at position 102 of the team...


Thanks to all of you.  

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April 16, 2018, 01:58:01 PM
 #6808

Pictures are now coming in from our new Partner in Jesus: Cameroon One:

10 new orphans coming online in days:
















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April 16, 2018, 02:00:42 PM
 #6809

Same for me, no magnitude at all from 3 week..
Below my Boinc info


15:16:40

exec getboincinfo


15:16:46

{
  "Command": "getboincinfo",
  "CPID": "4ccf98820bb7e49687830de075251942",
  "Address": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "CPIDS": "4ccf98820bb7e49687830de075251942;",
  "CPID-Age (hours)": 423301,
  "NextSuperblockHeight": 41000,
  "NextSuperblockBudget": 1179301,
  "4ccf98820bb7e49687830de075251942_ADDRESS": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "4ccf98820bb7e49687830de075251942_RAC": 7432.28,
  "4ccf98820bb7e49687830de075251942_TEAM": 15044,
  "4ccf98820bb7e49687830de075251942_WCGRAC": 0,
  "4ccf98820bb7e49687830de075251942_TaskWeight": 100,
  "4ccf98820bb7e49687830de075251942_UTXOWeight": 4477,
  "Total_RAC": 7432.28,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1179301,
  "Total Budget (One Week)": 8255107,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "40795,40590,40385,40180,39975,39770,39565,39360",
  "Last Superblock Height": 40795,
  "Last Superblock Budget": 1179301,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}


In the boinc leader board i'm at position 102 of the team...


Thanks to all of you.  



Looks like insufficient stake balance here. You've got a RAC of 7432.58, and you need to stake at 20 BBP / RAC, so you'd need to be staking 148651.6 to be fully staked.
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April 16, 2018, 02:03:52 PM
 #6810

Same for me, no magnitude at all from 3 week..
Below my Boinc info


15:16:40

exec getboincinfo


15:16:46

{
  "Command": "getboincinfo",
  "CPID": "4ccf98820bb7e49687830de075251942",
  "Address": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "CPIDS": "4ccf98820bb7e49687830de075251942;",
  "CPID-Age (hours)": 423301,
  "NextSuperblockHeight": 41000,
  "NextSuperblockBudget": 1179301,
  "4ccf98820bb7e49687830de075251942_ADDRESS": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "4ccf98820bb7e49687830de075251942_RAC": 7432.28,
  "4ccf98820bb7e49687830de075251942_TEAM": 15044,
  "4ccf98820bb7e49687830de075251942_WCGRAC": 0,
  "4ccf98820bb7e49687830de075251942_TaskWeight": 100,
  "4ccf98820bb7e49687830de075251942_UTXOWeight": 4477,
  "Total_RAC": 7432.28,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1179301,
  "Total Budget (One Week)": 8255107,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "40795,40590,40385,40180,39975,39770,39565,39360",
  "Last Superblock Height": 40795,
  "Last Superblock Budget": 1179301,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}


In the boinc leader board i'm at position 102 of the team...


Thanks to all of you.  




Yours is straightforward:  You have RAC of 7432, so you would need to send in a utxo of 148,000 BBP to receive 100% credit.

Our minimum requirement is 8940 BBP, but your sending in 4700 so you are not meeting the minimum Smiley....



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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
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April 16, 2018, 02:11:43 PM
 #6811

Warms the heart, happy to be involved.
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April 16, 2018, 02:13:42 PM
 #6812

Just to be sure. Is this correct?

-In order to heat mine, you need magnitude.
-To get magnitude, you need to be included in at least one superblock.
-You need to stake at least 5% (1BBP/RAC) to be included in a superblock.

Because I was thinking about people that want to heat mine first in order to get BBP to stake for Boinc-mining. There are a lot of people that think exchanges are cumbersome (convert fiat to BTC to BBP). But I think the best route for them to go is to earn free BBP (Letter Writing, Gospel Links, BiblePay University) instead of heat mining, if it's impossible to get magnitude without staking first.


Yes, this was born from the back and forth Swongle discussions for added POW security.
You do need to be in a superblock to receive magnitude, so that alludes to the fact you need at least 5% of your UTXO staked to fall in the 10% bracket.

Of course if the RAC is low, thats not a lot of BBP.  (Also you might add that unbanked CPIDs can be in a superblock without a UTXO).
Remember they can get a few BBP from Faucets also.

We might want to ask T-Mike to start an advanced faucet on PODC.org his web site to maybe compensat new Rosetta/WCG users with startup capital if they show a new CPID (to our system), he could fund them with P2P proposal funds (IE one 500,000 proposal for 6 months of new users capital etc).  

I think this is a great idea! This will surely add some incentive for new users to start donating computing power to our community Smiley

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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
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April 16, 2018, 02:17:50 PM
 #6813

Same for me, no magnitude at all from 3 week..
Below my Boinc info


15:16:40

exec getboincinfo


15:16:46

{
  "Command": "getboincinfo",
  "CPID": "4ccf98820bb7e49687830de075251942",
  "Address": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "CPIDS": "4ccf98820bb7e49687830de075251942;",
  "CPID-Age (hours)": 423301,
  "NextSuperblockHeight": 41000,
  "NextSuperblockBudget": 1179301,
  "4ccf98820bb7e49687830de075251942_ADDRESS": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "4ccf98820bb7e49687830de075251942_RAC": 7432.28,
  "4ccf98820bb7e49687830de075251942_TEAM": 15044,
  "4ccf98820bb7e49687830de075251942_WCGRAC": 0,
  "4ccf98820bb7e49687830de075251942_TaskWeight": 100,
  "4ccf98820bb7e49687830de075251942_UTXOWeight": 4477,
  "Total_RAC": 7432.28,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1179301,
  "Total Budget (One Week)": 8255107,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "40795,40590,40385,40180,39975,39770,39565,39360",
  "Last Superblock Height": 40795,
  "Last Superblock Budget": 1179301,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}


In the boinc leader board i'm at position 102 of the team...


Thanks to all of you.  




Yours is straightforward:  You have RAC of 7432, so you would need to send in a utxo of 148,000 BBP to receive 100% credit.

Our minimum requirement is 8940 BBP, but your sending in 4700 so you are not meeting the minimum Smiley....



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April 16, 2018, 02:22:17 PM
 #6814

The dots are indicating individual payouts and the yellow line is a moving average.

I only took 3 sanctuaries for this chart, my own and two others I picked from the explorer, then I exported data from those addresses. I had to manually extract sanctuary payouts from other transactions. (In your own wallet though, you can just go to Transactions, type your sanctuary label in the text box at the top and then click the Export button to get a nice CSV file). I don't know if there is a way this can be done through the API or something, getting payout data from all sanctuaries without going manually through each one.

It's a small sample, but maybe these three are enough to make a somewhat informative chart.

Hi inblue,

how did you got the payouts for other sanctuaries? I like the graphic and would like to add such a graphic to biblepay-central to the sanstuaries section. But I don't know how to get the base data Smiley

Purepool Biblepay Pool (https://www.purepool.org)
Mining How-To (https://www.biblepay-central.org/en/mining-how-to/)
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April 16, 2018, 02:31:57 PM
 #6815

Same for me, no magnitude at all from 3 week..
Below my Boinc info


15:16:40

exec getboincinfo


15:16:46

{
  "Command": "getboincinfo",
  "CPID": "4ccf98820bb7e49687830de075251942",
  "Address": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "CPIDS": "4ccf98820bb7e49687830de075251942;",
  "CPID-Age (hours)": 423301,
  "NextSuperblockHeight": 41000,
  "NextSuperblockBudget": 1179301,
  "4ccf98820bb7e49687830de075251942_ADDRESS": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "4ccf98820bb7e49687830de075251942_RAC": 7432.28,
  "4ccf98820bb7e49687830de075251942_TEAM": 15044,
  "4ccf98820bb7e49687830de075251942_WCGRAC": 0,
  "4ccf98820bb7e49687830de075251942_TaskWeight": 100,
  "4ccf98820bb7e49687830de075251942_UTXOWeight": 4477,
  "Total_RAC": 7432.28,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1179301,
  "Total Budget (One Week)": 8255107,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "40795,40590,40385,40180,39975,39770,39565,39360",
  "Last Superblock Height": 40795,
  "Last Superblock Budget": 1179301,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}


In the boinc leader board i'm at position 102 of the team...


Thanks to all of you.  




Yours is straightforward:  You have RAC of 7432, so you would need to send in a utxo of 148,000 BBP to receive 100% credit.

Our minimum requirement is 8940 BBP, but your sending in 4700 so you are not meeting the minimum Smiley....





Don't understand What I need to do.
It's really not clear for me

Thanks
jaapgvk
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April 16, 2018, 03:20:29 PM
 #6816

Same for me, no magnitude at all from 3 week..
Below my Boinc info


15:16:40

exec getboincinfo


15:16:46

{
  "Command": "getboincinfo",
  "CPID": "4ccf98820bb7e49687830de075251942",
  "Address": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "CPIDS": "4ccf98820bb7e49687830de075251942;",
  "CPID-Age (hours)": 423301,
  "NextSuperblockHeight": 41000,
  "NextSuperblockBudget": 1179301,
  "4ccf98820bb7e49687830de075251942_ADDRESS": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "4ccf98820bb7e49687830de075251942_RAC": 7432.28,
  "4ccf98820bb7e49687830de075251942_TEAM": 15044,
  "4ccf98820bb7e49687830de075251942_WCGRAC": 0,
  "4ccf98820bb7e49687830de075251942_TaskWeight": 100,
  "4ccf98820bb7e49687830de075251942_UTXOWeight": 4477,
  "Total_RAC": 7432.28,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1179301,
  "Total Budget (One Week)": 8255107,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "40795,40590,40385,40180,39975,39770,39565,39360",
  "Last Superblock Height": 40795,
  "Last Superblock Budget": 1179301,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}


In the boinc leader board i'm at position 102 of the team...


Thanks to all of you.  




Yours is straightforward:  You have RAC of 7432, so you would need to send in a utxo of 148,000 BBP to receive 100% credit.

Our minimum requirement is 8940 BBP, but your sending in 4700 so you are not meeting the minimum Smiley....





Don't understand What I need to do.
It's really not clear for me

Thanks


I think you can best read this page:
http://wiki.biblepay.org/Distributed_Computing

Especially the 'Biblepay UTXO Reward Chart':
Biblepay UTXO Reward Chart
UTXO Level   UTXO CoinStake Amount   Percentage of Reward
Level 0   0-1 BBP per 1 RAC   0%
Level 1   1-3 BBP per 1 RAC   10%
Level 2   3-5 BBP per 1 RAC   20%
Level 3   5-7 BBP per 1 RAC   30%
Level 4   7-9 BBP per 1 RAC   40%
Level 5   9-11 BBP per 1 RAC   50%
Level 6   11-13 BBP per 1 RAC   60%
Level 7   13-15 BBP per 1 RAC   70%
Level 8   15-17 BBP per 1 RAC   80%
Level 9   17-19 BBP per 1 RAC   90%
Level 10   20 BBP per 1 RAC   100%

You're currently below the threshold to be able to receive rewards. You need to stake a minimum of 8940 BBP with your current RAC.

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616westwarmoth
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April 16, 2018, 04:11:49 PM
 #6817

When this is fixed could you look into reducing the block reward variability.  Right now the PoDC daily super block is 1,179,301 which, since the PoDC reward and the Sanctuary rewards are supposed to both be 38.5% (equal), means the average Sanctuary reward should be 5752.  I've not seen anything remotely close to that.  In the last 5 weeks I have seen one transaction above 5000.

Your post inspired me to make this chart, I hope it can be useful for someone:
(wait while it loads)



The dots are indicating individual payouts and the yellow line is a moving average.

I only took 3 sanctuaries for this chart, my own and two others I picked from the explorer, then I exported data from those addresses. I had to manually extract sanctuary payouts from other transactions. (In your own wallet though, you can just go to Transactions, type your sanctuary label in the text box at the top and then click the Export button to get a nice CSV file). I don't know if there is a way this can be done through the API or something, getting payout data from all sanctuaries without going manually through each one.

It's a small sample, but maybe these three are enough to make a somewhat informative chart.

First off glad to see you again!

I know that 200 is not far off from 205, but Rob had mentioned the June mandatory would further improve the timing of the PoDC superblock which I took as getting us closer to the stated 205 per day.

The graph looks pretty representative to me as well.  And it furthers my concern, which is that PoDC and MN get the same percentage of block reward (38.5%), however, PoDC gets significantly more on any given day than what the MN's get.   I also comprehend to some extent that the higher the difficulty the lower the reward and the logic therein, but that really impacts the return for MN if the block reward is effectively 20% less than stated at this time and could grow to 50% less if our popularity increases substantially.

My thought is that such a wide variation from the stated targets does two things.  One: It increases the early adopter advantage which granted I'm benefiting from but that still doesn't make it good in my eyes.  Two: It reduces the Investor incentive as right now an Investor could predict their ROI for a MN with the only concern being the number of other MN holders (one variable) but with as much as a 50% variable in block reward, that becomes a complex equation.  Furthermore, I do not believe that any of this, the reduction in the block reward due to high hash rates, is very well explained.  So at a minimum, a better explanation of the variation and how it occurs should be undertaken.

The better solution in my eyes is to reduce the variability.  My thought is a botnet is going to have a hard enough time as it is.  And really a botnet if it attacked again, would be hurt less by a dramatic reduction in reward than the legitimate users are. 

In the end, I feel variable rewards (to the level we are and could potentially see them) do less to hurt bad actors than they punish legitimate users.

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vahtis
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April 16, 2018, 05:20:08 PM
 #6818

Same for me, no magnitude at all from 3 week..
Below my Boinc info


15:16:40

exec getboincinfo


15:16:46

{
  "Command": "getboincinfo",
  "CPID": "4ccf98820bb7e49687830de075251942",
  "Address": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "CPIDS": "4ccf98820bb7e49687830de075251942;",
  "CPID-Age (hours)": 423301,
  "NextSuperblockHeight": 41000,
  "NextSuperblockBudget": 1179301,
  "4ccf98820bb7e49687830de075251942_ADDRESS": "BSCGUXLVX3So28vJS7nMcbAxmBtaEvUhKt",
  "4ccf98820bb7e49687830de075251942_RAC": 7432.28,
  "4ccf98820bb7e49687830de075251942_TEAM": 15044,
  "4ccf98820bb7e49687830de075251942_WCGRAC": 0,
  "4ccf98820bb7e49687830de075251942_TaskWeight": 100,
  "4ccf98820bb7e49687830de075251942_UTXOWeight": 4477,
  "Total_RAC": 7432.28,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1179301,
  "Total Budget (One Week)": 8255107,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "40795,40590,40385,40180,39975,39770,39565,39360",
  "Last Superblock Height": 40795,
  "Last Superblock Budget": 1179301,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}


In the boinc leader board i'm at position 102 of the team...


Thanks to all of you.  




Yours is straightforward:  You have RAC of 7432, so you would need to send in a utxo of 148,000 BBP to receive 100% credit.

Our minimum requirement is 8940 BBP, but your sending in 4700 so you are not meeting the minimum Smiley....





Don't understand What I need to do.
It's really not clear for me

Thanks


You have two options get more BBP  (at least 4240 BBP more) or reduce RAC. Latter seem to be quite challenging as I am struggling with it at the moment. I have set BOINC to compute only during night and just 10% Sad My RAC seems to be getting bigger all the time.
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April 16, 2018, 05:24:29 PM
 #6819

Just to be sure. Is this correct?

-In order to heat mine, you need magnitude.
-To get magnitude, you need to be included in at least one superblock.
-You need to stake at least 5% (1BBP/RAC) to be included in a superblock.

Because I was thinking about people that want to heat mine first in order to get BBP to stake for Boinc-mining. There are a lot of people that think exchanges are cumbersome (convert fiat to BTC to BBP). But I think the best route for them to go is to earn free BBP (Letter Writing, Gospel Links, BiblePay University) instead of heat mining, if it's impossible to get magnitude without staking first.


Yes, this was born from the back and forth Swongle discussions for added POW security.
You do need to be in a superblock to receive magnitude, so that alludes to the fact you need at least 5% of your UTXO staked to fall in the 10% bracket.

Of course if the RAC is low, thats not a lot of BBP.  (Also you might add that unbanked CPIDs can be in a superblock without a UTXO).
Remember they can get a few BBP from Faucets also.

We might want to ask T-Mike to start an advanced faucet on PODC.org his web site to maybe compensat new Rosetta/WCG users with startup capital if they show a new CPID (to our system), he could fund them with P2P proposal funds (IE one 500,000 proposal for 6 months of new users capital etc).  

Just some thoughts:
1. How much BBP to send?
2. Should we check if the CPID had a valid task in the last 24 hrs?
3. Is something like if you stake 100k BBP then you can heat mine without having to do PoDC a good idea? It's really not hard to have just 1 PoDC thread running and heat mining all you want right now. So it would make it much simpler if you could heat mine with a certain amount of stake.

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April 16, 2018, 05:32:24 PM
 #6820

Are there any native Russian speakers here that are early adopters?

Just got a message from cryptomovie:
https://www.youtube.com/channel/UCdPxq5Bv-U5dwW3_4OvpOSA?view_as=subscriber

He wants to talk about integrating P2P for his channel and give us PR exposure, but I need someone willing to take this on as their baby.



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