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

[shorty34]

my opinions and ideas:

podc+staking is ok

we need some staking to lock coins outside of exchanges

problem for newcomers is staking - what about doing something like stake 0% = 50% payout, stake 100% (20x rac) = 100% payout. in other words start not from zero to enable mining without
stake, but with penalty if not staking, this can help start and then everybody build their own stake capital to reach 100%

bbp team - just add 10% bonus for team members

and regarding simple mining setup: all coins have some pool, so setting up wallet against pool is almost same, there is no need to simplify this - heat mining is ready...
if somebody want to start podc, he has 2 options:
one is setup wallet against bbppool - easy, and install and setup boinc - 2 lines of commands
sudo apt-get install boinc-client boinc-manager
boinccmd --project_attach url id
pro - supereasy, no need for stake
con - high pool fees (but in reality normal fees to cover costs)

second option is buy stake - complicated, need exchange account etc..., setup own account for roseta wcg etc, connect everything with everythig
pro - highest payouts
con - one time complicated setup, stake needed

we just need to point beginners to heat or bbppool mining and experienced users to second option

For me big problem for new podc miners is waiting time. There are big waiting times for CPID synchronization, pool.biblepay.org RAC synchronization and so on. New users must see somehow (somewhere, maybe directly in the wallet) that: you are on step 3 (for example) and everything is ok. Now when you start synchronization process you can just guess that everything is ok and pray that tomorrow maybe you can get some reward. When reward not come new user switch it off and start to mine much more easier CPU coin like for example Bitcoin LE or other to not loose his CPU time.

yes, but beginners can use option 1 with bbppool and then waiting times are 0

Dear Capulo

What are you still talking about? Let me past here something from BBP official websites:

"
Easiest set-up for desktop-users
The easiest way to set-up your miner is the following:

1. Install and run the BiblePay wallet of your choice, and let it sync.

2. Install and run the recommended version of Boinc for your OS.

3. Go to the 'Distributed Computing' tab in your wallet, fill in an e-mail address and a desired password, and click 'Create and Attach R@H Account'.

4. Boinc will start solving tasks. Let Boinc run for two days and collect your staking bonus.

6. Go to the  'Distributed Computing' tab in your wallet, and click the the 'Associate Reseacher CPID with BiblePay' button.

7. You're all set! If you need more information on staking and statistics, please visit 'Step 4: Staking and Statistics'.

P.S. If you run into problems, or use a system without a GUI, please start the extensive guide by clicking the 'Next step: Register with Rosetta@home' button..

"

And now tell me, if this is the easiest way how to start podc mining (official state on website) how can new miner avoid waiting times and how he can see in which part of the process is he at the moment?
Please take into consideration that im talking about brand new ppl comming here and trying to start podc mining BBP.

1. Install and run the BiblePay wallet of your choice, and let it sync.

2. Install and run the recommended version of Boinc for your OS.

3. Go to the 'Distributed Computing' tab in your wallet, fill in an e-mail address and a desired password, and click 'Create and Attach R@H Account'.

3. Better go to R@H website make account, then send some bbp coin in to the bbp wallet. Then Go to the 'Distributed Computing' tab in your wallet, fill in an e-mail address and a password and click asocciate CPID.
After 6 confirmations just type "exec podupdate true"

4. Boinc will start solving tasks. Let Boinc run for two days and collect your staking bonus.
skip this step

4. Start BOINC add R@H project. If you want, you can registration and start WCG now, cross ID is max 12hours.

Max 48h and you will get bbp from podc payment.

Not always so simple Macko. I am into my 4th day with a new account and CPIDs have not converged, and no BBP payout (although associated Rosetta CPID 3 days ago, and been sending out podcupdates).

May be my bad luck? (wouldn't be surprised)

I can help is it windows or linux, if windows PM.

Hi, tried DMing, but it says "User Macko20 does not want messages from Newbies"

Anyway, my wallet is on Windows, crunchers are Linux.

[thesnat21]

Shorty:
I replied to you on discord,  you should be in the next block payment it was a timing issue.

Looking to get the PODC Update script to show this as well, thanks for supporting BBP

[thesnat21]

Proof Of Giving - Simplified

https://wiki.biblepay.org/Proof-of-Giving-for-Beginners

Could you guys review this and let us know if it is any easier to understand?

We're still talking about it over on the BBP forums

[slovakia]

tithe_weight  

Tithed to the Orphan foundation from the wallets internal pool reward system. =  will be only 1 pool or more pools?

wtf is tithes? who using this shit words?


Let us assume we had 1000 participating miners, who tithed 100,000 BBP total this day.
tithed bbp?


that description is horrible again    


im asked few ppl from our nuclear power plant= engineers,nuclear physicists,supervisors and all told=BBP is waste of time= support any gypsies is waste of time .... use your € for your family and friend

nobody understand new way=classic


this is easy coin?  

bye

[dave_bbp]

tithe_weight  

Tithed to the Orphan foundation from the wallets internal pool reward system. =  will be only 1 pool or more pools?

wtf is tithes? who using this shit words?


Let us assume we had 1000 participating miners, who tithed 100,000 BBP total this day.
tithed bbp?


that description is horrible again    


im asked few ppl from our nuclear power plant= engineers,nuclear physicists,supervisors and all told=BBP is waste of time= support any gypsies is waste of time .... use your € for your family and friend

nobody understand new way=classic


this is easy coin?  

bye

Wow, once again your language shows the true color of your mindset and obviously also a lot of other SVK guys. I think it would spare the rest of this community (and also you guys) a lot of trouble and nerve-wrecking if you would just sell and wave this coin goodbye. Since you are mining without any electricity cost, every other CPU coin should be "profitable" for you as well ...


btt: Unfortunately I currently don't have time to read into the POG thing, but it sounds quite interesting. I'll definitely check it out later this week.

One more question regarding the Sancs: How often are payouts expected? My calculation was simply 394MN/205blocks/day = 2 days (between payments). Does that sound right?

[thesnat21]

Wow, once again your language shows the true color of your mindset and obviously also a lot of other SVK guys. I think it would spare the rest of this community (and also you guys) a lot of trouble and nerve-wrecking if you would just sell and wave this coin goodbye. Since you are mining without any electricity cost, every other CPU coin should be "profitable" for you as well ...


btt: Unfortunately I currently don't have time to read into the POG thing, but it sounds quite interesting. I'll definitely check it out later this week.

One more question regarding the Sancs: How often are payouts expected? My calculation was simply 394MN/205blocks/day = 2 days (between payments). Does that sound right?

I try to work with him, i'm not sure how many of them are there but frankly we need users

Sanc payout is about every 2 days, you are correct.

[thesnat21]

tithe_weight  

Tithed to the Orphan foundation from the wallets internal pool reward system. =  will be only 1 pool or more pools?

wtf is tithes? who using this shit words?


Let us assume we had 1000 participating miners, who tithed 100,000 BBP total this day.
tithed bbp?


that description is horrible again    


im asked few ppl from our nuclear power plant= engineers,nuclear physicists,supervisors and all told=BBP is waste of time= support any gypsies is waste of time .... use your € for your family and friend

nobody understand new way=classic


this is easy coin?  

bye

Please, instead of just complaining lets work to make it more clear,  I think it could succeed if you do this instead.

for this purpose, tithe = donate.

There will be no web-based (centralized) pools.   In the client it will be part of a pool

[Cryptoalt1990]

tithe_weight  

Tithed to the Orphan foundation from the wallets internal pool reward system. =  will be only 1 pool or more pools?

wtf is tithes? who using this shit words?


Let us assume we had 1000 participating miners, who tithed 100,000 BBP total this day.
tithed bbp?


that description is horrible again    


im asked few ppl from our nuclear power plant= engineers,nuclear physicists,supervisors and all told=BBP is waste of time= support any gypsies is waste of time .... use your € for your family and friend

nobody understand new way=classic


this is easy coin?  

bye

Please, instead of just complaining lets work to make it more clear,  I think it could succeed if you do this instead.

for this purpose, tithe = donate.

There will be no web-based (centralized) pools.   In the client it will be part of a pool

I spent time reading the posts on the other forum and frankly, the system seems way more complicated and difficult to explain to newcomers than what is currently in place, and more prone to mistakes...

As an example, I can see people "tithing" and wondering why they have not been paid for days, or why they are only getting X amount, etc. Why did I send X amount to the foundation when I only wanted to send Y amount. Can I get it back? The wallet stole my BBP by sending my money to this address...etc.

I think addressing and answering these questions in a satisfactory way will be difficult.

[thesnat21]

I spent time reading the posts on the other forum and frankly, the system seems way more complicated and difficult to explain to newcomers than what is currently in place, and more prone to mistakes...

As an example, I can see people "tithing" and wondering why they have not been paid for days, or why they are only getting X amount, etc. Why did I send X amount to the foundation when I only wanted to send Y amount. Can I get it back? The wallet stole my BBP by sending my money to this address...etc.

I think addressing and answering these questions in a satisfactory way will be difficult.

Difficult doesn't mean not worthwhile.  I would like to give it a chance. ..

[Cryptoalt1990]

I spent time reading the posts on the other forum and frankly, the system seems way more complicated and difficult to explain to newcomers than what is currently in place, and more prone to mistakes...

As an example, I can see people "tithing" and wondering why they have not been paid for days, or why they are only getting X amount, etc. Why did I send X amount to the foundation when I only wanted to send Y amount. Can I get it back? The wallet stole my BBP by sending my money to this address...etc.

I think addressing and answering these questions in a satisfactory way will be difficult.

Difficult doesn't mean not worthwhile.  I would like to give it a chance. ..

Well I was just comparing it to PODC as this is what was the reason for replacing it.

[thesnat21]

I spent time reading the posts on the other forum and frankly, the system seems way more complicated and difficult to explain to newcomers than what is currently in place, and more prone to mistakes...

As an example, I can see people "tithing" and wondering why they have not been paid for days, or why they are only getting X amount, etc. Why did I send X amount to the foundation when I only wanted to send Y amount. Can I get it back? The wallet stole my BBP by sending my money to this address...etc.

I think addressing and answering these questions in a satisfactory way will be difficult.

Difficult doesn't mean not worthwhile.  I would like to give it a chance. ..

Well I was just comparing it to PODC as this is what was the reason for replacing it.

Fair point,  I think we can get it to a point where it's clearer, but it is a good challenge to see if we can explain it prior to people seeing it.

[Cryptoalt1990]

I spent time reading the posts on the other forum and frankly, the system seems way more complicated and difficult to explain to newcomers than what is currently in place, and more prone to mistakes...

As an example, I can see people "tithing" and wondering why they have not been paid for days, or why they are only getting X amount, etc. Why did I send X amount to the foundation when I only wanted to send Y amount. Can I get it back? The wallet stole my BBP by sending my money to this address...etc.

I think addressing and answering these questions in a satisfactory way will be difficult.

Difficult doesn't mean not worthwhile.  I would like to give it a chance. ..

Well I was just comparing it to PODC as this is what was the reason for replacing it.

Fair point,  I think we can get it to a point where it's clearer, but it is a good challenge to see if we can explain it prior to people seeing it.

I'm just getting troubled with the actual value proposition of the new algorithm to be honest.

Was it meant as a way to make mining easier?
I don't think it does that and would even say that it would be more troublesome to support and help people having questions about it. If I want to, I can easily mine just fine by just doing heat mining?

Was it to have more coins directed to the foundation? This seems to be an issue with the value of the coin itself. Putting a bigger bucket to fix a leak is only a temporary solution.

The only thing it seems to add is having "pool mining" built in the coin but for what purpose? I don't need to do pool mining with PODC to get something (that is more or less predictable) and setting up Purepool for heat mining seems simple enough?

Maybe you can help me understand what the value proposition for this new algorithm is?

[thesnat21]

I'm just getting troubled with the actual value proposition of the new algorithm to be honest.

Was it meant as a way to make mining easier?
I don't think it does that and would even say that it would be more troublesome to support and help people having questions about it. If I want to, I can easily mine just fine by just doing heat mining?

Was it to have more coins directed to the foundation? This seems to be an issue with the value of the coin itself. Putting a bigger bucket to fix a leak is only a temporary solution.

The only thing it seems to add is having "pool mining" built in the coin but for what purpose? I don't need to do pool mining with PODC to get something (that is more or less predictable) and setting up Purepool for heat mining seems simple enough?

Maybe you can help me understand what the value proposition for this new algorithm is?

Your thoughts are fair.

Yes it was intended to make mining easier, (launch wallet and enable).  The rewards should prove to be fairly predictable over time.

The hope on the foundation side to add more support for the orphans, in short and long term.  I don't disagree that our main issue is cost, this will still be a problem but long-term after things recover, it would potentially increase our support base.

PODC requires a stake, and requires a fair amount of setup up front.   There have been many complaints and questions/concerns/comments about PODC difficulty.

POG would have no stake, (just a donation), no external setup.

[Cryptoalt1990]

I'm just getting troubled with the actual value proposition of the new algorithm to be honest.

Was it meant as a way to make mining easier?
I don't think it does that and would even say that it would be more troublesome to support and help people having questions about it. If I want to, I can easily mine just fine by just doing heat mining?

Was it to have more coins directed to the foundation? This seems to be an issue with the value of the coin itself. Putting a bigger bucket to fix a leak is only a temporary solution.

The only thing it seems to add is having "pool mining" built in the coin but for what purpose? I don't need to do pool mining with PODC to get something (that is more or less predictable) and setting up Purepool for heat mining seems simple enough?

Maybe you can help me understand what the value proposition for this new algorithm is?

Your thoughts are fair.

Yes it was intended to make mining easier, (launch wallet and enable).  The rewards should prove to be fairly predictable over time.

The hope on the foundation side to add more support for the orphans, in short and long term.  I don't disagree that our main issue is cost, this will still be a problem but long-term after things recover, it would potentially increase our support base.

PODC requires a stake, and requires a fair amount of setup up front.   There have been many complaints and questions/concerns/comments about PODC difficulty.

POG would have no stake, (just a donation), no external setup.

That's fair but from what I understand POG will be highly unpredictable on the rewards (according to Rob on the other forum), which also defeats the purpose of having a pool (for predictability).

Regarding the stake of PODC....wouldn't it be simpler to just remove that stake requirement then if that is an issue? (I personally like that stake requirement)

[Cryptoalt1990]

I will also add that this potential massive increase of coins being liquidated every month (from the foundation tithe) worries me as an investor.

[thesnat21]

That's fair but from what I understand POG will be highly unpredictable on the rewards (according to Rob on the other forum), which also defeats the purpose of having a pool (for predictability).

Regarding the stake of PODC....wouldn't it be simpler to just remove that stake requirement then if that is an issue? (I personally like that stake requirement)

If we removed the stake requirement alone, it would remove 1 piece from the puzzle, but would leave all the rest of the complexity in place.

I will also add that this potential massive increase of coins being liquidated every month (from the foundation tithe) worries me as an investor.

Fair point, and I agree this is a concern,   though it could be spread around the month better I think than the current monthly cycle.

I appreciate the discussion and concerns,   better to work through them now than after a change is made.

[thesnat21]

Masternode owners: 3 days left to vote for superblock proposals.

[capulo]

hm
i'm trying to associate wallet to rosetta account, but i always got

{
  "Command": "associate",
  "E-Mail": "my email addr",
  "Results": "ALREADY_IN_CHAIN"
}

what this mean? i'm using some old wallet and it is possible that i was already trying something there, but not remember

[bible_pay]

hm
i'm trying to associate wallet to rosetta account, but i always got

{
  "Command": "associate",
  "E-Mail": "my email addr",
  "Results": "ALREADY_IN_CHAIN"
}

what this mean? i'm using some old wallet and it is possible that i was already trying something there, but not remember

It means your CPID is in the chain, but if you are sure you want to reassociate it, do the command again with "true" appended to the end (that means force=true).
We warn so people dont kill the cpid so easily.

[Cryptoalt1990]

That's fair but from what I understand POG will be highly unpredictable on the rewards (according to Rob on the other forum), which also defeats the purpose of having a pool (for predictability).

Regarding the stake of PODC....wouldn't it be simpler to just remove that stake requirement then if that is an issue? (I personally like that stake requirement)

If we removed the stake requirement alone, it would remove 1 piece from the puzzle, but would leave all the rest of the complexity in place.

I will also add that this potential massive increase of coins being liquidated every month (from the foundation tithe) worries me as an investor.

Fair point, and I agree this is a concern,   though it could be spread around the month better I think than the current monthly cycle.

I appreciate the discussion and concerns,   better to work through them now than after a change is made.

Well that's the thing, I'm not sure what POG is solving compared to what is already there and so far I have not seen any convincing argument for it.

I do not see what POG is currently solving that needs to be solved to make us more attractive (as a coin) and/or that can not be solved by either PODC or heat mining in their current state or with very small modifications. On top of that, I think that resources could be directed to more "critical" areas that would make us more attractive to users. UI/UX improvements, writing letters in the wallet, displaying the children we are supporting there, accountability in the wallet, etc.

From what I see currently, this is just mainly a way to provide more coins to the Foundation which I do not think is the way to go or would make us more attractive. Especially since it keeps adding supply (removal of stake and more coins being liquidated by the foundation) without having any convincing positive effects on the demand.

I say let's wait for more inputs on the question and it will hopefully help us move the discussion forward.