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

[sunk818]

this is legal SCAM and beating all of us

Yes, there are examples of people using the "exec podcupdate" exploit. You can see it in their transfer of large BBP payments to different wallets in rotation. I think the easy fix is to require minimum coin age of 3 days (or 72 hours). PoDC payment expires on wallet if you don't do an exec podcupdate. that means someone that transfers to another wallet has to wait 3 days so they can not do exec podcupdate because coin is too new. so this makes it impossible (?) for people to move bbp around like this to get paid BBP even though they are not staking enough.

I don't even know why I offer this solution... Hopefully, a solution will keep people honest and not taint the project by cheaters. I've been falsely accused of cheating and it hurts... but real cheaters don't need to be a part of BiblePay.

[1714250966]

1714250966

[1714250966]

1714250966

[1714250966]

1714250966

[slovakia]

yes 3days old coins will be OK

[SVK Noko]

Nothing against the charity but since i am trying to make a profit here, and i am assuming that this is not profitable, but just giving for a charity?

Nothing against charity. I believe it's possible to be both profitable and charitable, at least for now.

Learn to stack your CPU coins. By that I mean...

I have an old i7 processor, that is mining 4 charity coins (including BBP), one low energy coin, plus dual mining 2 other coins that use both CPU and GPU. CPU never goes above 50%. (Granted some of it is because of the i7 hyperthreading.) 

That's six seven coins, at once.

If that's not profitable, I don't know what is.

The key again is to not pit charity against profitability, but reach for both. Charity may be at the heart of it, but profits will draw investors and is necessary for long-term health.

Man, that's one of the most interesting entries I came by on this thread lately. Would love to talk about this strategy, but should as well respect the topic of this thread. Do you mind PM'ing me (apparently I am not allowed to send you a message) ?

I dont believe its profitable at the moment :-) you can have setup for 7 coins or more but you only have one cpu plus gpu performance. I dont believe you can mine more than cost for electricity. Mining in general is not profitable. You can buy more on exchange if the coin is on the exchange. What is interresting for me is mine coins which are not on exchange yet and have still low hashrate.

[bible_pay]

Please see this Emergency Sanctuary Vote in approx. 1 hour and please vote on it the way you feel:

Bringing Back the Team BiblePay Requirement:

https://forum.biblepay.org/index.php?topic=358.0

voted yes...... btw when somebody got 2M and have RAC 500 000, he needs staking 10M,right.But exists scam

here is steps of example

i have power 500 000 RAC x 20= 10 000 000 BBP for 100% rewards

ill make 5 wallets (accounts) 5x100 000 RAC (example), every wallet needs for 100% staking 2M 2M 2M 2M 2M = 10M .. i can moving my 2M to 1.wallet,then wait for podcupdate,then transfer to 2nd wallet=wait for podcupdate and moving my 2M to all wallets for every day----etc 3 4 5 wallet,
podcupdate manually every day....

this is legal SCAM and beating all of us


 

Thanks, well just to let you know more of the details, when you reported this to TheSnat a while back he reported it to me, and I did add a feature into the wallet that requires our UTXO's to have a certain amount of coin-age (to mitigate this vector) and its been released (about 10 versions back) so its partially in our network.

The issue is, it would require all of the sancs to have a mandatory upgrade to enforce this setting.  We've been waiting on the sidelines for our next mandatory to enable the spork.

I went ahead and enabled the spork to require a .50 day coin-age on UTXO's; however I'm not going to ask all the sancs to upgrade today as an emergency since we are so close to having a mandatory anyway.

In the mean time lets vote on the poll and that should mitigate most of the problem (as TheSnat has observed none of the nefarious UTXO activity has occurred in Team Biblepay).

On a side note everyone, I believe the mandatory is coming in approx. 14 days.  Ill update more ASAP.

[bible_pay]

Just to let everyone know we have been working on pool.biblepay.org to try to address any concerns and make it nicer.

Almost all of the issues are now resolved that were reported here:
https://github.com/biblepay/BiblePayPool/issues
(IE 90% of the tickets have been worked and deployed to prod).

Now you can see the proposals in Proposals | List in either theme.
The f5 key problem and backspace issue has been resolved.  The smaller issues were resolved and addressed.

(We are still working on the walmart integration project and its going very well).

I think one thing that we might implement in the pool next is a Gantt chart for Current Projects.

This will be instrumental in allowing the average user understand exactly what we are doing between roadmap targets.
Id like to make it so the roadmap has an accurate set of high level milestones, but you can come to the pool and click on the Gantt to see the lower level things we are working on between mandatory releases.

This might reduce the stress level on my part, because I feel people on the other end of the network do not understand how many small tasks we are working to make a bigger task a reality for everyone.

[secoccular]

Nothing against the charity but since i am trying to make a profit here, and i am assuming that this is not profitable, but just giving for a charity?

Nothing against charity. I believe it's possible to be both profitable and charitable, at least for now.

Learn to stack your CPU coins. By that I mean...

I have an old i7 processor, that is mining 4 charity coins (including BBP), one low energy coin, plus dual mining 2 other coins that use both CPU and GPU. CPU never goes above 50%. (Granted some of it is because of the i7 hyperthreading.)  

That's six seven coins, at once.

If that's not profitable, I don't know what is.

The key again is to not pit charity against profitability, but reach for both. Charity may be at the heart of it, but profits will draw investors and is necessary for long-term health.

Man, that's one of the most interesting entries I came by on this thread lately. Would love to talk about this strategy, but should as well respect the topic of this thread. Do you mind PM'ing me (apparently I am not allowed to send you a message) ?

I dont believe its profitable at the moment :-) you can have setup for 7 coins or more but you only have one cpu plus gpu performance. I dont believe you can mine more than cost for electricity. Mining in general is not profitable. You can buy more on exchange if the coin is on the exchange. What is interresting for me is mine coins which are not on exchange yet and have still low hashrate.

I'm guessing you haven't done merge mining?

[SVK Noko]

Nothing against the charity but since i am trying to make a profit here, and i am assuming that this is not profitable, but just giving for a charity?

Nothing against charity. I believe it's possible to be both profitable and charitable, at least for now.

Learn to stack your CPU coins. By that I mean...

I have an old i7 processor, that is mining 4 charity coins (including BBP), one low energy coin, plus dual mining 2 other coins that use both CPU and GPU. CPU never goes above 50%. (Granted some of it is because of the i7 hyperthreading.)  

That's six seven coins, at once.

If that's not profitable, I don't know what is.

The key again is to not pit charity against profitability, but reach for both. Charity may be at the heart of it, but profits will draw investors and is necessary for long-term health.

Man, that's one of the most interesting entries I came by on this thread lately. Would love to talk about this strategy, but should as well respect the topic of this thread. Do you mind PM'ing me (apparently I am not allowed to send you a message) ?

I dont believe its profitable at the moment :-) you can have setup for 7 coins or more but you only have one cpu plus gpu performance. I dont believe you can mine more than cost for electricity. Mining in general is not profitable. You can buy more on exchange if the coin is on the exchange. What is interresting for me is mine coins which are not on exchange yet and have still low hashrate.

I'm guessing you haven't done merge mining?

Yes im doing it of course. Maybe you are from country where is cheaper energy :-)

With older i7 with max performance you can get at max 10 usd via charity coin per month, low energy coin you probably mean bitcoin light energy, one piece is at the moment for 2 and a half cent on exchange. With older i7 you can get monthly lets say 100 pcs it is 2-3 dollars. Regarding your gpu it depends what kind do you have. Lets say you have gtx 1060. You can get at max 0.15 usd per day, its few dollars per month. Suma sumarum you are somewhere at 20 usd per month with older i7 plus gpu. And i was optimistic. Dont know what is the price for electricity in your country. In Slovakia older i7 with gpu gtx1060 cost in average 25 euros per month. Its some 30 usd.

[Aurum420]

I tried to cast my vote in the Emergency Election but all I get is:

"Voting Failed! Check that sanctuaries are registered in masternore.conf?"

Anyone know what I need to do to vote???

[Dimarzio123]

Please see this Emergency Sanctuary Vote in approx. 1 hour and please vote on it the way you feel:

Bringing Back the Team BiblePay Requirement:

https://forum.biblepay.org/index.php?topic=358.0

voted yes...... btw when somebody got 2M and have RAC 500 000, he needs staking 10M,right.But exists scam

here is steps of example

i have power 500 000 RAC x 20= 10 000 000 BBP for 100% rewards

ill make 5 wallets (accounts) 5x100 000 RAC (example), every wallet needs for 100% staking 2M 2M 2M 2M 2M = 10M .. i can moving my 2M to 1.wallet,then wait for podcupdate,then transfer to 2nd wallet=wait for podcupdate and moving my 2M to all wallets for every day----etc 3 4 5 wallet,
podcupdate manually every day....

this is legal SCAM and beating all of us


 

Thanks, well just to let you know more of the details, when you reported this to TheSnat a while back he reported it to me, and I did add a feature into the wallet that requires our UTXO's to have a certain amount of coin-age (to mitigate this vector) and its been released (about 10 versions back) so its partially in our network.

The issue is, it would require all of the sancs to have a mandatory upgrade to enforce this setting.  We've been waiting on the sidelines for our next mandatory to enable the spork.

I went ahead and enabled the spork to require a .50 day coin-age on UTXO's; however I'm not going to ask all the sancs to upgrade today as an emergency since we are so close to having a mandatory anyway.

In the mean time lets vote on the poll and that should mitigate most of the problem (as TheSnat has observed none of the nefarious UTXO activity has occurred in Team Biblepay).

On a side note everyone, I believe the mandatory is coming in approx. 14 days.  Ill update more ASAP.

1/2 day coin-age does not sound enough to beat the possible scam - 24 / 48 / 72 hours better

Regards
PM

[dave_bbp]

I tried to cast my vote in the Emergency Election but all I get is:

"Voting Failed! Check that sanctuaries are registered in masternore.conf?"

Anyone know what I need to do to vote???

You need at least 1 sanctuary. If you have one, just put

Code:

gobject vote-many 2a5c0805b0a026dd79898d50a27c49c4c2923b767c3735180e43e1dde9914bd2 funding yes

into the debug console of your controller wallet. This should do the trick. (Don't make the mistake of checking with "gobject list" though; for BBP this is an endless list taking several minutes to load).

[togoshigekata]

I tried to cast my vote in the Emergency Election but all I get is:

"Voting Failed! Check that sanctuaries are registered in masternore.conf?"

Anyone know what I need to do to vote???

You need at least 1 sanctuary. If you have one, just put

Code:

gobject vote-many 2a5c0805b0a026dd79898d50a27c49c4c2923b767c3735180e43e1dde9914bd2 funding yes

into the debug console of your controller wallet. This should do the trick. (Don't make the mistake of checking with "gobject list" though; for BBP this is an endless list taking several minutes to load).

BiblePay is a fork of Dash coin and uses the Masternode Governance System,
can read more here: http://wiki.biblepay.org/UnderstandingGovernance
and here: https://www.biblepay.org/masternode/

[bible_pay]

Please see this Emergency Sanctuary Vote in approx. 1 hour and please vote on it the way you feel:

Bringing Back the Team BiblePay Requirement:

https://forum.biblepay.org/index.php?topic=358.0

voted yes...... btw when somebody got 2M and have RAC 500 000, he needs staking 10M,right.But exists scam

here is steps of example

i have power 500 000 RAC x 20= 10 000 000 BBP for 100% rewards

ill make 5 wallets (accounts) 5x100 000 RAC (example), every wallet needs for 100% staking 2M 2M 2M 2M 2M = 10M .. i can moving my 2M to 1.wallet,then wait for podcupdate,then transfer to 2nd wallet=wait for podcupdate and moving my 2M to all wallets for every day----etc 3 4 5 wallet,
podcupdate manually every day....

this is legal SCAM and beating all of us


 

Thanks, well just to let you know more of the details, when you reported this to TheSnat a while back he reported it to me, and I did add a feature into the wallet that requires our UTXO's to have a certain amount of coin-age (to mitigate this vector) and its been released (about 10 versions back) so its partially in our network.

The issue is, it would require all of the sancs to have a mandatory upgrade to enforce this setting.  We've been waiting on the sidelines for our next mandatory to enable the spork.

I went ahead and enabled the spork to require a .50 day coin-age on UTXO's; however I'm not going to ask all the sancs to upgrade today as an emergency since we are so close to having a mandatory anyway.

In the mean time lets vote on the poll and that should mitigate most of the problem (as TheSnat has observed none of the nefarious UTXO activity has occurred in Team Biblepay).

On a side note everyone, I believe the mandatory is coming in approx. 14 days.  Ill update more ASAP.

1/2 day coin-age does not sound enough to beat the possible scam - 24 / 48 / 72 hours better

Regards
PM

I believe .5 is as high as we can go.  No, I think it should resolve most of the problem, because if the coins were just transferred after being spent on a UTXO, they would not be able to create another UTXO for 12 hours.  The Sanctuaries cant induct information that fast; they make agreements on the oldest UTXO data that they can all agree on (so going higher is risking that No one would be paid, IE lots of missing payments per day).

Anyway the other thing you have to consider is most of the high UTXO requirements is everything they have; they are staking their entire balance to make the utxo.  If we went longer, we would risk people not being able to come up with the daily stake.  These contracts are once every 24 hours, and it takes up to 4 hours just to stake a utxo. 

The absolute highest setting would have to be 19 hours (IE 24 minus 4 minus 1 hour for padding), but that would be Very dangerous ; 12 hours is already imo dangerous .

[bible_pay]

I tried to cast my vote in the Emergency Election but all I get is:

"Voting Failed! Check that sanctuaries are registered in masternore.conf?"

Anyone know what I need to do to vote???

You need at least 1 sanctuary. If you have one, just put

Code:

gobject vote-many 2a5c0805b0a026dd79898d50a27c49c4c2923b767c3735180e43e1dde9914bd2 funding yes

into the debug console of your controller wallet. This should do the trick. (Don't make the mistake of checking with "gobject list" though; for BBP this is an endless list taking several minutes to load).

But also you have to ensure your sanc is registered with your home wallet.  Is the sanc in your sanc list?  And enabled?  If not you have to enter the sanc in your masternode.conf file using the IP, name, private key and txid of the Sanc collateral.

[togoshigekata]

What is a Spork?

Someone asked me what a Spork is, its a feature from DASH

"Sporks are variables turned on or off by a private key"

Commands:

Code:

spork active
exec datalist spork

https://www.reddit.com/r/CryptoCurrency/comments/5ar9tg/softhard_forks_vs_sporks_evan_duffield_explains/d9kjz12/

https://dash-docs.github.io/en/developer-reference#spork

https://github.com/dashpay/docs/blob/master/introduction/features.rst#sporks

Soft/Hard Forks vs. 'Sporks': Evan Duffield Explains How Dash is Different
https://www.youtube.com/watch?v=rp-ebgbgK-M

[sunk818]

The absolute highest setting would have to be 19 hours (IE 24 minus 4 minus 1 hour for padding), but that would be Very dangerous ; 12 hours is already imo dangerous .

Thanks for all your hard work. What if PoDC address had multiple tx? You just sweep to PoDC address but to new TX if cpid needs more stake. This way you know coin age of each TX. You calculate all the eligible (eligible = min coin age >= 1.5 day?) input & output for that address from block 1 and you know what their balance is.

You'd only have to calculate the one PoDC address per miner, so it would hopefully be manageable by the sanctuaries?

[sunk818]

What is a Spork?

Someone asked me what a Spork is, its a feature from DASH

"Sporks are variables turned on or off by a private key"

Commands:

Code:

spork active
exec datalist spork

https://www.reddit.com/r/CryptoCurrency/comments/5ar9tg/softhard_forks_vs_sporks_evan_duffield_explains/d9kjz12/

https://dash-docs.github.io/en/developer-reference#spork

https://github.com/dashpay/docs/blob/master/introduction/features.rst#sporks

Soft/Hard Forks vs. 'Sporks': Evan Duffield Explains How Dash is Different
https://www.youtube.com/watch?v=rp-ebgbgK-M

"PODCMINCOINAGE (01-19-2019 18:05:10)": ".50",

You're not around much, but when you post, it is so spot on.

You are the most interesting man in the world like the Dos Equis man . Stay BiblePay my friend, Stay BiblePay.

[daemonko]

I tried to cast my vote in the Emergency Election but all I get is:

"Voting Failed! Check that sanctuaries are registered in masternore.conf?"

Anyone know what I need to do to vote???

You need at least 1 sanctuary. If you have one, just put

Code:

gobject vote-many 2a5c0805b0a026dd79898d50a27c49c4c2923b767c3735180e43e1dde9914bd2 funding yes

into the debug console of your controller wallet. This should do the trick. (Don't make the mistake of checking with "gobject list" though; for BBP this is an endless list taking several minutes to load).

BiblePay is a fork of Dash coin and uses the Masternode Governance System,
can read more here: http://wiki.biblepay.org/UnderstandingGovernance
and here: https://www.biblepay.org/masternode/

and you can read more about dash coin in this video: https://www.youtube.com/watch?v=xBxbiH_Mg44
enlightening, isn't it?

[slovakia]

whats this again?my podcupdates shows bullshits



is this correct setup?

addnode=node.biblepay.org
gen=1
genproclimit=4
minersleep=0
poolport=80
pool=https://pool.biblepay.org
workerid=lesbiangay
utxooverride=-1

[sunk818]

whats this again?my podcupdates shows bullshits



is this correct setup?

addnode=node.biblepay.org
gen=1
genproclimit=4
minersleep=0
poolport=80
pool=https://pool.biblepay.org
workerid=lesbiangay
utxooverride=-1

PoDC Update is working okay for me. When was the last podc update before you tried this one? How much BBP do you have in your wallet? What is your CPID?

your biblepay.conf is for mining PoW, so its not relevant for PoDC update.

[bible_pay]

The absolute highest setting would have to be 19 hours (IE 24 minus 4 minus 1 hour for padding), but that would be Very dangerous ; 12 hours is already imo dangerous .

Thanks for all your hard work. What if PoDC address had multiple tx? You just sweep to PoDC address but to new TX if cpid needs more stake. This way you know coin age of each TX. You calculate all the eligible (eligible = min coin age >= 1.5 day?) input & output for that address from block 1 and you know what their balance is.

You'd only have to calculate the one PoDC address per miner, so it would hopefully be manageable by the sanctuaries?

There is a function in the wallet (its something to the effect of GetAvgCoinAge) that uses the average age of the transaction, we use that in the calculation, so in PODC, its OK if they use multiple inputs in a PODC update - but in POG its not allowed - (POG requires one coin only to be used, so people cant game the average).

I also wanted to mention on the theory behind 12 hours:  If one of the nefarious users were to receive lent coins and spend it on a UTXO, when they send the coins back to the owner, remember the coins have lost the age - so please take that into account - that is part of the theory behind the 12 hours - 12 makes it very hard to have enough coin age even in the wallet to make a daily podc update let alone share it and receive it back and successfully make another one in the same day.