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

[jaapgvk]

Is it a coin for Marmons and for some sectarians?

yes

As far as I'm concerned it's a coin for anyone that feels attracted to BiblePays values

[orbitalcoin]

Is it a coin for Marmons and for some sectarians?

yes

As far as I'm concerned it's a coin for anyone that feels attracted to BiblePays values

Most of all religion values

[Dimarzio123]

Is it a coin for Marmons and for some sectarians?

yes

As far as I'm concerned it's a coin for anyone that feels attracted to BiblePays values

Most of all religion values

Helping orphans to survive is not really religious........basic humanity

[noxpost]

Man, what's up with our POW difficulty right now? 26006 - and it's been over an hour since the last block as a result. Crazy.

[noxpost]

Man, what's up with our POW difficulty right now? 26006 - and it's been over an hour since the last block as a result. Crazy.

Oy! Of course, we get a block not long after I post this, but the POW difficulty jumps to over 50k!

Weekend crunching must be a hobby for one or two of our big players...

[capulo]

Fair nuff, figured I'd ask the question

I think that the bbppool is a potentially awesome addition to our project It should give newcomers the ability to build up enough bbp so they can stake on their own without having to infest a lot of money from the get go.

This pool also releases me of the concerns I had with the 20BBP/RAC maybe being too high for newcomers. If it gets out of beta and proves to be fraud resistant, I think it could help us grow

My concern with this pool is the 35% fee(was said to climb to 65% earlier, I hope this doesn't happen). but otherwise I agree its a good start.

I would like to see verifiable openness in the way these fees are being used. In the beginning I can imagine that most of the fees will be used to grow the stake (the pool needs to stake a lot of BBP in order to be able to work). Also, of course, some fees go to development, maintenance and 'profit' (and some of the fees will be used to repay people who have seeded the BBP needed for starting up). Besides that I would like to see excess BBP being used in lines with the spirit of BiblePay, preferably being sent to the orphan-wallet.

The high fees are needed though, because I think not having high fees will make it easier for botnets to find their way to our network.

Having said that, I see the pool as an experimental thing, but I'm curious what the future will bring

these fees are simple math. you can stake 1.5m to masternode, or to pool. 1.5m is ~75k rac and this is about 10k bbp/day vs 4k bpp/day from masternode
so fees are covering losses to not stake as masternode

but 65% is still better than 0% for most of beginners...

[thesnat21]

Man, what's up with our POW difficulty right now? 26006 - and it's been over an hour since the last block as a result. Crazy.

Oy! Of course, we get a block not long after I post this, but the POW difficulty jumps to over 50k!

Weekend crunching must be a hobby for one or two of our big players...

It's not limited to weekends..  I see difficulties in this range all week long

earnings out of the last 226 blocks
CPID: e1efcd77c240e7bd8064882bc85415a5 21 Blocks ( 9% of 226 blocks) 9260 bbp earned
CPID: 8c97fd4fd8970e7ff1e835fdc2bc9000 20 Blocks ( 8% of 226 blocks) 8772 bbp earned
CPID: ce2a54170bfbb9d6354909c801c3f053 19 Blocks ( 8% of 226 blocks) 8194 bbp earned
CPID: 0504c91dac5d2c4156d2a2dd992bcc8f 19 Blocks ( 8% of 226 blocks) 8345 bbp earned
CPID: 8a3856017daa34b0e0ad6312c0121906 18 Blocks ( 7% of 226 blocks) 7965 bbp earned
CPID: 8aee6972dd6958234c4d813978e2ee20 17 Blocks ( 7% of 226 blocks) 7735 bbp earned
CPID: 373e215c0c0d3df1908ebf607a966cb8 17 Blocks ( 7% of 226 blocks) 7667 bbp earned

[thesnat21]

It seems that BBP-Central and the main pool are stuck a few days behind on superblock reporting.

[Ichthus220]

 

Fair nuff, figured I'd ask the question

I think that the bbppool is a potentially awesome addition to our project It should give newcomers the ability to build up enough bbp so they can stake on their own without having to infest a lot of money from the get go.

This pool also releases me of the concerns I had with the 20BBP/RAC maybe being too high for newcomers. If it gets out of beta and proves to be fraud resistant, I think it could help us grow

My concern with this pool is the 35% fee(was said to climb to 65% earlier, I hope this doesn't happen). but otherwise I agree its a good start.

I would like to see verifiable openness in the way these fees are being used. In the beginning I can imagine that most of the fees will be used to grow the stake (the pool needs to stake a lot of BBP in order to be able to work). Also, of course, some fees go to development, maintenance and 'profit' (and some of the fees will be used to repay people who have seeded the BBP needed for starting up). Besides that I would like to see excess BBP being used in lines with the spirit of BiblePay, preferably being sent to the orphan-wallet.

The high fees are needed though, because I think not having high fees will make it easier for botnets to find their way to our network.

Having said that, I see the pool as an experimental thing, but I'm curious what the future will bring

these fees are simple math. you can stake 1.5m to masternode, or to pool. 1.5m is ~75k rac and this is about 10k bbp/day vs 4k bpp/day from masternode
so fees are covering losses to not stake as masternode

but 65% is still better than 0% for most of beginners...

What about some kind of KYC verification or video identification to eliminate the bot threat on the pools?

[MIP]

these fees are simple math. you can stake 1.5m to masternode, or to pool. 1.5m is ~75k rac and this is about 10k bbp/day vs 4k bpp/day from masternode
so fees are covering losses to not stake as masternode

but 65% is still better than 0% for most of beginners...

You inconsciously forgot the cost of generating 75k RAC, which is about 600-800€ a month.

Of course, this is not the case for the people that are hijacking from his boss' hardware and power grid.

[bible_pay]

It seems that BBP-Central and the main pool are stuck a few days behind on superblock reporting.

Timestamps look recent.  Please be more specific.

[Brian879]

It seems that BBP-Central and the main pool are stuck a few days behind on superblock reporting.

Timestamps look recent.  Please be more specific.

Current block is 51884. Superblock reporting is stuck on 51045.

[bible_pay]

Not sure if anyone wants to test out Compassions clean water program over the next 90 days or so with a proposal, this might be valuable. 

https://www.compassion.com/donate/wash-water.htm?referer=582394&utm_source=mc&utm_medium=email&utm_campaign=WaSH_2018_Control

[SVK Noko]

It seems that BBP-Central and the main pool are stuck a few days behind on superblock reporting.

Timestamps look recent.  Please be more specific.

In search results. For example https://www.biblepay-central.org/en/podc/user/1995180/

[bible_pay]

It seems that BBP-Central and the main pool are stuck a few days behind on superblock reporting.

Timestamps look recent.  Please be more specific.

Current block is 51884. Superblock reporting is stuck on 51045.

Oh OK, thanks guys.  I always look straight to timestamps so I never noticed.  The FTP server was down, thats usually pretty solid.  Interesting.  OK, I restarted it and now we are reporting accurate info again.

This just affected the superblock view report in the pool, which is obviously important. 

Btw, the WCG credit factor has been reduced to 0 today.

We are still waiting for WCG/IBM to send us the data consumption agreement .

[bible_pay]

Side project for a zealous taker:

I receive questions from various partners via e-mail about 'What is the biblepay governance system and what are proposals, budgets and how do i submit a proposal'.

I respond with various links that we have established, mostly to the credit of Togo.  Although I think we have good coverage on how to add a proposal and what a proposal is I believe our documentation is lacking on 'What is the governance system, and what are the details of the proposals'.

I found this from Dash:
https://docs.dash.org/en/latest/governance/understanding.html

And although this is excellent, and I want to give credit to Dash, I feel we should have our own version on our wiki page to refer them to.
So I am wondering if someone wants to paraphrase this content, use biblepay screenshots, and of course give all the credit to dash in various places (IE - This was originally created by Dash) and full credit in the footer.

In this way we will have a more professional and consolidated reference to hand out to our partners.

[thesnat21]

Oh OK, thanks guys.  I always look straight to timestamps so I never noticed.  The FTP server was down, thats usually pretty solid.  Interesting.  OK, I restarted it and now we are reporting accurate info again.

This just affected the superblock view report in the pool, which is obviously important. 

Btw, the WCG credit factor has been reduced to 0 today.

We are still waiting for WCG/IBM to send us the data consumption agreement .

Thanks for fixing it, i'll try to be more clear next time ..

[Sun Sky]

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

[bible_pay]

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

We are supposed to be listed on CryptoBridge in one month, Luke has a full report of more detailed exchange info, We are close to being listed on NEXTExchange, (our votes hit the threshhold).  We have a hard offer to be listed on coinexchange.io for 2 BTC. 

As far as price, I can't really comment as that could be a conflict of interest but we are deflationary (by 19.5% per year) so please see the average coin appreciation since inception and see if it has grown by ~ that amount etc, that may be a good starting point.

We have been keeping up with the roadmap, so the future looks bright for the orphans.

[Seyar]

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

We are supposed to be listed on CryptoBridge in one month, Luke has a full report of more detailed exchange info, We are close to being listed on NEXTExchange, (our votes hit the threshhold).  We have a hard offer to be listed on coinexchange.io for 2 BTC. 

As far as price, I can't really comment as that could be a conflict of interest but we are deflationary (by 19.5% per year) so please see the average coin appreciation since inception and see if it has grown by ~ that amount etc, that may be a good starting point.

We have been keeping up with the roadmap, so the future looks bright for the orphans.

Yobit is easy listing for 0.5 BTC and pretty good volume.