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Author Topic: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)  (Read 243204 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (345 posts by 1+ user deleted.)
Cryptoalt1990
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December 05, 2018, 04:32:30 PM
 #11381


As you can see the Sanc poll is showing a lot of interest in pog2!  And I am holding off on my vote weight to see how its going before weighing in completely.

1) I think you are not neutral and would like to go with POG tbh. I think a lot of people (if not everyone here) know so.
2) You have an interesting point. By going with the proposal way, that means that all the current PODC miners with their stake locked in PODC (instead of masternodes) cannot express their opinion right now.
3) Which brings me to this point, you want adoption by attracting more miners but do not seem to give a lot of weight about the opinion of your current miners. Seems a bit paradoxical to me.

Since I edited my message before you saw the new point. Please see 3. and how it relates to 2. after reading below.

You are incorrect. It is a fact that current valid stakes for PODC are not currently used for masternode voting else they would not be able to use these funds to stake (since they would be locked in masternodes). They may have both PODC stakes and masternode, but they also may not, no one knows. I believe that the majority does not.  Even if some of them did, their voting power would be greatly reduced because they would not be able to use their current PODC stake to vote on the proposal.
Cryptoalt1990
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December 05, 2018, 04:35:51 PM
 #11382

I never said the live web poll was not valuable, I just gave it a value lower than Sanc polls.  It's not expired yet; so it should stay.  It will stay because people are still making comments on the thread also.  And I would like to see how it ends.

Can you spell out the rules then? How will we know which option is the winner? Who decides in the end?
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December 05, 2018, 04:37:21 PM
 #11383


As you can see the Sanc poll is showing a lot of interest in pog2!  And I am holding off on my vote weight to see how its going before weighing in completely.

1) I think you are not neutral and would like to go with POG tbh. I think a lot of people (if not everyone here) know so.
2) You have an interesting point. By going with the proposal way, that means that all the current PODC miners with their stake locked in PODC (instead of masternodes) cannot express their opinion right now.
3) Which brings me to this point, you want adoption by attracting more miners but do not seem to give a lot of weight about the opinion of your current miners. Seems a bit paradoxical to me.

Since I edited my message before you saw the new point. Please see 3. and how it relates to 2. after reading below.

You are incorrect. It is a fact that current valid stakes for PODC are not currently used for masternode voting else they would not be able to use these funds to stake (since they would be locked in masternodes). They may have both PODC stakes and masternode, but they also may not, no one knows. I believe that the majority does not.  Even if some of them did, their voting power would be greatly reduced because they would not be able to use their current PODC stake to vote on the proposal.


No - incorrect ;  You have no idea how many Sancs a PODC miner owns.


Please, do not continue to argue on this thread, let's stop here.



Regarding the live web poll : The Sanc poll has a higher trust level so it dictates the preproduction programming to send POG to testnet.  The web poll is for informational purposes.  Its not expired yet.  All of the comments are valuable - because I care about my users, investors and the community and take all of these opinions to heart. 




🕇 BiblePay 🕇
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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
Cryptoalt1990
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December 05, 2018, 04:38:00 PM
 #11384


As you can see the Sanc poll is showing a lot of interest in pog2!  And I am holding off on my vote weight to see how its going before weighing in completely.

1) I think you are not neutral and would like to go with POG tbh. I think a lot of people (if not everyone here) know so.
2) You have an interesting point. By going with the proposal way, that means that all the current PODC miners with their stake locked in PODC (instead of masternodes) cannot express their opinion right now.
3) Which brings me to this point, you want adoption by attracting more miners but do not seem to give a lot of weight about the opinion of your current miners. Seems a bit paradoxical to me.

Since I edited my message before you saw the new point. Please see 3. and how it relates to 2. after reading below.

You are incorrect. It is a fact that current valid stakes for PODC are not currently used for masternode voting else they would not be able to use these funds to stake (since they would be locked in masternodes). They may have both PODC stakes and masternode, but they also may not, no one knows. I believe that the majority does not.  Even if some of them did, their voting power would be greatly reduced because they would not be able to use their current PODC stake to vote on the proposal.


No - incorrect ;  You have no idea how many Sancs a PODC miner owns.


Please, do not continue to argue on this thread, let's stop here.




This is not what I said...can you read my post? Let me highlight the part you missed.

"Even if some of them did, their voting power would be greatly reduced because they would not be able to use their current PODC stake to vote on the proposal."
Cryptoalt1990
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December 05, 2018, 04:44:09 PM
 #11385

Regarding the live web poll : The Sanc poll has a higher trust level so it dictates the preproduction programming to send POG to testnet.  The web poll is for informational purposes.  Its not expired yet.  All of the comments are valuable - because I care about my users, investors and the community and take all of these opinions to heart.  

What is the rule about that proposal (for if POG is a winner or not)? If it passes in the budget like the other proposals? (10% net yes votes at the next budget trigger?)
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December 05, 2018, 06:13:01 PM
 #11386

Regarding Biblepay's rebase with Dash, status of code rebase is 64% of the command line daemon and client (QT UI will be left for later on).
I'm leaving miner stuff for the last phase to avoid rebasing code that might change.

After pure code rebase I see these tasks:
- Review with Rob all the biblepay code conficts with new Dash features (DIP2, 3, 4)
- Then try to compile biblepayd, biblepay-cli
- Create a workable devnet.
- Meanwhile in parallel start the QT rebase effort.
- When devnet is working, move on to testnet and check through the masternode migration plan, to test that each step is flowing fine.

Every task in this list will require considerable time and effort, but it will be well worth it I think.

Right now MIP is working full time on Dash commits - and has exceeded my expectations btw in every way

Thank you for all of your hard work MIP! AMAZING PROGRESS!

You have my vote for any budget funds you need for your work!

(Is there an address where we can send you donations?)

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December 05, 2018, 07:24:36 PM
 #11387

any problem around block 87315? it takes eternity... 2hrs to jump to next block

Yes strange. See other blocks before and there are 30 min blocks. Unfortunately, there is two difficulty pow_difficulty and difficulty. It seems pow_difficulty should show up on explorer, but instead takes difficulty.  Anyway, PoW difficulty went up to 8k and the CPUs couldn't submit an acceptable hash. You can see PoW difficulty went down to 781 on the next block.

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December 05, 2018, 07:52:20 PM
Last edit: December 05, 2018, 08:06:47 PM by secoccular
 #11388


   I think people need to consider the effect of how many coins are lost on average - I dont have the study in front of me - but an average of 19% of digital coins in hard drives are lost per year - and its higher on the percent scale for coins that have billions of quantity like us.  So I can offer a counter argument that in scenario B when we have 2000 laptops mining as compared to 200 PODC miners, not only did they collectively spend as much in electricty, but they lost more biblepay coins.


If you think of it, could you dig up that article later and share it here? The 19% number sounds a little off to me. If we start with 100% of a coin, after the first year we're looking at 81%, then 65%, then 53% at the end of the third year, if my math is correct. This would mean about 50% of a cryptocurrency disappears every 3 years? Someone smarter than I, please compute how much BTC is left with a 19% loss per year since its beginning? I'm just having difficulty believing those numbers. If this effect happens smoothly across coins, then it's not much of an advantage to BBP, as there are many many coins that will suffer the same effect.  If the number of users losing their wallets is significant, wouldn't it be safe to assume that a certain number of them would just give up the on whichever coin instead of starting over? Wouldn't this "benefit" have some loss of users as a side effect?

That BBP would benefit by its users losing coins at an even higher rate,  is puzzling to me why it hasn't provided upwards pressure on its own?


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December 05, 2018, 08:13:00 PM
 #11389

Because we are learning from our past that pure POBH on CPUs didn't work by itself, remember?  Remember the botnets and the upgrade problems?  CPU mining has an element of greed in it because it is easily replicatable across nodes, and therefore it ends up rewarding the botnet who spent the most on electricity.

Thats the whole point of POG addressing this- POG rewards those who tithe the most by adding them in the pool with tithe_weight.

I don't understand rest of the paragraph - it would need expanded to contain critical details to be evaluated without those it's not valuable.

I said an algorithm that isn't based on hash power. So, any BiblePay node automatically solo mines with a blank biblepay.conf file using very little CPU (1 thread at 1% CPU) w/ an equitable distribution across all the nodes. 90% to miner and 10% tithe to Orphan Foundation.

The 19% number sounds a little off to me.

http://fortune.com/2017/11/25/lost-bitcoins/

I've ready that figure stated but typically with % BTC is believed to be lost (because those BTC addresses have not moved around in a long time).

The 19% per year sounds wrong to me to.

In terms of voting, SmartCash has masternodes, but their voting system works based on your coin balance. If you have 500 SmartCash, you get 500 votes for a particular proposal. I don't know if masternodes can vote or not, but if they can... it does allow more people to vote even those without 1.55M for a masternode.  https://vote.smartcash.cc/

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December 05, 2018, 08:55:42 PM
 #11390



Who can guess where from the Bible this is?

bible_pay (OP)
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December 05, 2018, 09:24:47 PM
 #11391

Because we are learning from our past that pure POBH on CPUs didn't work by itself, remember?  Remember the botnets and the upgrade problems?  CPU mining has an element of greed in it because it is easily replicatable across nodes, and therefore it ends up rewarding the botnet who spent the most on electricity.

Thats the whole point of POG addressing this- POG rewards those who tithe the most by adding them in the pool with tithe_weight.

I don't understand rest of the paragraph - it would need expanded to contain critical details to be evaluated without those it's not valuable.

I said an algorithm that isn't based on hash power. So, any BiblePay node automatically solo mines with a blank biblepay.conf file using very little CPU (1 thread at 1% CPU) w/ an equitable distribution across all the nodes. 90% to miner and 10% tithe to Orphan Foundation.

The 19% number sounds a little off to me.

http://fortune.com/2017/11/25/lost-bitcoins/

I've ready that figure stated but typically with % BTC is believed to be lost (because those BTC addresses have not moved around in a long time).

The 19% per year sounds wrong to me to.

In terms of voting, SmartCash has masternodes, but their voting system works based on your coin balance. If you have 500 SmartCash, you get 500 votes for a particular proposal. I don't know if masternodes can vote or not, but if they can... it does allow more people to vote even those without 1.55M for a masternode.  https://vote.smartcash.cc/

You are saying "an algorithm not based on hashpower"; thats POG.  Forgive me if Im missing something, but it sounds like you are saying this:

"If ABCcoin had the miraculous, its price would go up".

Right, this is already known.  Thats why I'm thinking POG would have a bright potential. 

(The algorithms in prod over all coins are known; so another words I don't see what you mean by an algorithm not based on hashpower).

"19% sounds wrong" - thanks - this is roughly an average for unpopular altcoins - not for bitcoin.


🕇 BiblePay 🕇
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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
sunk818
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December 06, 2018, 12:50:16 AM
 #11392

"19% sounds wrong" - thanks - this is roughly an average for unpopular altcoins - not for bitcoin.

If you can cite the article, that will clear things up.

Quote from: bible_pay
You are saying "an algorithm not based on hashpower"; thats POG

I'm talking about mining where you do a split on the reward so it is true tithing (10%) as opposed to enrolling people into to giving. This way, you don't even need to own BBP to participate, nor set up a recurring giving scheme. Fewer steps to participate is better right? In the end, it is to benefit to charity, so perhaps the mechanics aren't as important.

Curious, is the orphan foundation keys now shared? multisig? or still just one owner?

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December 06, 2018, 06:41:53 AM
 #11393

when will be new december proposals in wallets? in pool exists,where is problem? thanks

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December 06, 2018, 09:51:46 AM
 #11394

BBP price spiked to 24 sats in SouthXchange a few hours ago, let's hope we have more of this action in the coming weeks.
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December 06, 2018, 03:21:07 PM
 #11395

Any issue with wallet at the min?

I get  "No block source found"

Log is full of these
2018-12-06 14:53:35 dnsseed thread exit
2018-12-06 14:53:36 Misbehaving: 202.97.251.248:40000 (0 -> 1)
2018-12-06 14:53:36 Misbehaving: 202.97.251.248:40000 (1 -> 2)
2018-12-06 14:53:42 Misbehaving: 95.179.177.50:40000 (0 -> 1)



I have tried wallet repair - stuck at 1year 18 weeks behind

Tried the zap command - zapwallettxes=1 - no result

PM
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December 06, 2018, 04:35:27 PM
 #11396

BBP price spiked to 24 sats in SouthXchange a few hours ago, let's hope we have more of this action in the coming weeks.

Agreed. Also trade volume is way up the past couple of weeks.

btw thanks for the link you sent me a couple months ago for BBP price & volume data. I just noticed that it doesn't seem include all vol from all the exchanges BBP is traded on. I wonder if there's a way to get a complete historical picture of price/vol that includes all exchanges?

https://coinmarketcap.com/currencies/biblepay/historical-data/?start=20170715&end=20181206
bible_pay (OP)
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December 06, 2018, 05:00:20 PM
 #11397

Any issue with wallet at the min?

I get  "No block source found"

Log is full of these
2018-12-06 14:53:35 dnsseed thread exit
2018-12-06 14:53:36 Misbehaving: 202.97.251.248:40000 (0 -> 1)
2018-12-06 14:53:36 Misbehaving: 202.97.251.248:40000 (1 -> 2)
2018-12-06 14:53:42 Misbehaving: 95.179.177.50:40000 (0 -> 1)



I have tried wallet repair - stuck at 1year 18 weeks behind

Tried the zap command - zapwallettxes=1 - no result

PM

Please try the following:

1.  Ensure your clock time and timezone are correct (within 1 minutes).

2.  Delete the chain data

3.  Delete banlist.dat


Restart



🕇 BiblePay 🕇
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🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
slovakia
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December 06, 2018, 05:04:56 PM
 #11398

nice mess in wallet with novembers proposals .... jesus

and movie WACO is picture of fanatics of christians  Grin Grin Grin

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December 06, 2018, 05:11:48 PM
 #11399

when will be new december proposals in wallets? in pool exists,where is problem? thanks

Maybe problem is on your side I have it all right.
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December 06, 2018, 05:16:31 PM
 #11400

when will be new december proposals in wallets? in pool exists,where is problem? thanks

Maybe problem is on your side I have it all right.
same problem is in TheSnats wallet too ...

SVKNOKO ca you see just december proposals? i see novembers too

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