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

[sunk818]

I wonder if the Single Parents section of KIVA would be appropriate for BiblePay (helping children)

https://www.kiva.org/lend-by-category/single-parents

KIVA has an API too: https://www.kiva.org/build

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[bible_pay]

We are probably talking about 125 BBP that is being missed.

The sendgscc wcg tx for < 250 RAC ends up being a minimal send of BBP (e.g. 1 BBP). So, when the miner crosses the > 250 RAC threshold, they do not receive a payment because their coin age does not match the new requirement (of saying requiring 1350 BBP of coin age). Again, not a big deal... its a one time thing I would imagine unless they keep dipping below 250 and going above it frequently.

I don't fully agree with the terminology of "missed" or "minimal send".

Instead, I maintain that there is a 24 hour delay between the point the researcher surpasses 255 rac, and a full automatic send by the wallet.
The wallet does automatically send the correct coin age after the maturity period- and day to day thereafter.

[bible_pay]

I wonder if the Single Parents section of KIVA would be appropriate for BiblePay (helping children)

https://www.kiva.org/lend-by-category/single-parents

KIVA has an API too: https://www.kiva.org/build

Maybe - with due diligience and vetting; but - after speaking with Steven, president of SAI.NGO, who btw seems to be a very good future candidate and partner for us, explained to me how important the vetting process is for larger investors.  The globalgiving seal of approval is "a good start", but more importantly, he explained the GuideStar platinum rating was one of the most coveted ratings.  And if we want to yoke ourselves with leaders we should tout all spent dollars go through fully vetted orgs.

I do have a lot to talk about on this but I cant make a wiki page about the concept right now.  But some of this is related to being a charity agent.  Part of the idea is for BBP sanctuaries to gather and rank charities that are fully vetted and apply ranking scores, and help maintain our web pages of vetted charities.  And reach out to them and look for deals.  Enter this info in the database and have a central (and I think this would be a brand new ngo web site for biblepay), that would allow the user to rank these by magnitude descending.  Part of the magnitude would also be the discount given (either through matches, or discounts by the org).

This would allow donation fiat or crypto to be passed through our system - something we dont do yet (donate buttons, donate processes etc) - and we would be a trusted arbiter of the 'best deals' - or the most bang for the buck when spent on charity.  The small % fee we would charge would be rewarded back to the giver in BBP.

One other discovery I made in this was 'wholesale deals'.  Steven explained how he can find 20 Venezuelan orphans for half price (IE something like $20 per month), but only if this entire ecosystem was established (we cant go these routes unless we have solid commitments and the programming done and see that our community is helping do this work also).  But if we get there, we will be able to offer wholesale sponsorships with these deep discounts for desperate needs.  He can also potentially give us bios.

So anyway, I as a part time charity investor really believe in this vetting process; it can be done more so by others because we will be seeking larger orgs like sai.ngo who naturally have to be certified to receive cross border payments etc.

The problem with non-vetted orgs is there is no way to know the funds actually reach the end-user and we need 100% trust here for our pass through dollars -- otherwise we might fail.

It would be nice to eventually prove that all pass through dollars can be traced to orphan ids.  So far we do have that ability.

[bible_pay]

camerooneone listed biblepay as payment option for crypto

http://onetrackinternational.org/cryptocurrency/

And just to reiterate my opinion, I'm all for our partners accepting BBP, and always have been.  I am also of the belief its up to the individual if they want to pay POOM or sponsorship dollars in BBP.

(We removed the poom autopay option so as to guard our price from dropping sharply every month.  And also to make it more likely for a poom user to potentially pay in fiat.  But not to completely block them.  If they really want to pay in BBP they still can by doing a manual liq.)

On a side note I paid my cameroon yesterday in paypal to keep the sell pressure off BBP.

(And, I stopped charging BBP payroll until new exchange fund is paid off).

[bible_pay]

Apollon Network - Masternode Hosting
https://www.apollon.network/

"Due to new Anti Money Laundering by the Directive (EU) 2018/843 of the European Parliament we have to close business.
If there is someone outside European Union who wants to run the business or buy the software please contact us."

"we have to close our business by 31. 01. 2020"

Proof:
https://twitter.com/apollonnetwork/status/1222552736950079490
https://www.facebook.com/apollonnw
https://discordapp.com/invite/gtCRUcm

Wow!  What a terrible line of business these hosting services have been embroiled in.
Btw, hostbrz owed me a $1,000 credit and the owner e-mailed me and said don't worry we'll get back to you within 10 days with a refund plan, then they pulled the whole domain etc and dissapeared.

I called my credit card company and asked if I would be allowed a chargeback but they didn't go for it due to the date of the charge being like 6 months ago.

Anyway, its good we didn't go tooo far with Apollon, although I wish them the best (that is, too far in goatroping our users into something that will fail).

I believe the only partner we have left is SatoshiSolutions.  We will need to get an update on that project from MIP.

[bible_pay]

** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**



Get rewarded BBP coins for contributing to real CPU Only science research!

PODC = Proof of Distributed Computing

PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup

=

Giveaway Terms and Conditions:

- You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020
- You must be contributing to research to the World Community Grid project
- You must have more than 100 RAC (Recent Average Credit)

Reference: https://forum.biblepay.org/index.php?topic=485.0

Looks like we have 59 participants in the leaderboard!

I look forward to calculating the results on block 173,307.

Good luck!

[sunk818]

the high cost of charity donation processing. why efficiency is important.

personally ive found crypto more efficient and transparent

https://hackernoon.com/a-giants-greed-how-internet-companies-profit-from-charitable-organizations-1jgu36xo

[sunk818]

** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**



Get rewarded BBP coins for contributing to real CPU Only science research!

PODC = Proof of Distributed Computing

PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup

=

Giveaway Terms and Conditions:

- You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020
- You must be contributing to research to the World Community Grid project
- You must have more than 100 RAC (Recent Average Credit)

Reference: https://forum.biblepay.org/index.php?topic=485.0

Looks like we have 59 participants in the leaderboard!

I look forward to calculating the results on block 173,307.

Good luck!

"hash": "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f",
ec57 hex = 60503 decimal

Figured out the value of C, but not sure how you applied it to researcher list sans <100 RAC miners.

[bible_pay]

** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**



Get rewarded BBP coins for contributing to real CPU Only science research!

PODC = Proof of Distributed Computing

PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup

=

Giveaway Terms and Conditions:

- You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020
- You must be contributing to research to the World Community Grid project
- You must have more than 100 RAC (Recent Average Credit)

Reference: https://forum.biblepay.org/index.php?topic=485.0

Looks like we have 59 participants in the leaderboard!

I look forward to calculating the results on block 173,307.

Good luck!

"hash": "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f",
ec57 hex = 60503 decimal

Figured out the value of C, but not sure how you applied it to researcher list sans <100 RAC miners.

As far as calculating it, I wrote a tiny vb6 subroutine for this that I will post in the thread and re-use if we have another poll.

LOL, it looks like I won (vout #52 in block 173245).

But since I'm a nice guy I am going to award this to the CPID in position 51 (I'm going to 51 simply because the math of the answer has a floor of 51, and rounding sent it to 52).

I will announce the winner next.

[bible_pay]

** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**



Get rewarded BBP coins for contributing to real CPU Only science research!

PODC = Proof of Distributed Computing

PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup

=

Giveaway Terms and Conditions:

- You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020
- You must be contributing to research to the World Community Grid project
- You must have more than 100 RAC (Recent Average Credit)

Reference: https://forum.biblepay.org/index.php?topic=485.0

*** CONGRATULATIONS BBP Leaderboard PODC Researcher 027057 (BQWhLA82SxL8PW5LGnwKj8qeog3k3JETBZ), you won the 1,000,000 BBP January Prize! ***


Thank you all for participating!

Since this months participation was a success, we should hold a new giveaway in February.

The reward has been sent.  

[sunk818]

** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**



Get rewarded BBP coins for contributing to real CPU Only science research!

PODC = Proof of Distributed Computing

PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup

=

Giveaway Terms and Conditions:

- You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020
- You must be contributing to research to the World Community Grid project
- You must have more than 100 RAC (Recent Average Credit)

Reference: https://forum.biblepay.org/index.php?topic=485.0

Looks like we have 59 participants in the leaderboard!

I look forward to calculating the results on block 173,307.

Good luck!

"hash": "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f",
ec57 hex = 60503 decimal

Figured out the value of C, but not sure how you applied it to researcher list sans <100 RAC miners.

As far as calculating it, I wrote a tiny vb6 subroutine for this that I will post in the thread and re-use if we have another poll.

LOL, it looks like I won (vout #52 in block 173245).

But since I'm a nice guy I am going to award this to the CPID in position 51 (I'm going to 51 simply because the math of the answer has a floor of 51, and rounding sent it to 52).

I will announce the winner next.

Yes, you should set a give away for Feb 2020 too!

I see the math here.

Code:

Private Sub PODCWinner()
'bbp podc winner
Height = 173307
sblockhash = "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f"
C = CLng("&HEC57")
'last gsc transaction before 173307:
'getrawtransaction 0841a3066395229b7c0b2aae6b06f35c57a0df6ddc602ed5919a2c155f783ede 1
SuperBlockCount = 56 'researcher count minus pow miner tx minus sanctuary tx
B = 65535 / SuperBlockCount
A = CInt(C / B)
VOUT = A + 1 'First vout *after* pow and sanctuary - (Note, if we land on a CPID with < 100 RAC, we will move to the next payable ordinal - even if we need to reset the counter from the beginning).
'(This is to discourage people from making fake cpids to get votes)
'Winner = #52 (1 before Rob) : BQWhLA82SxL8PW5LGnwKj8qeog3k3JETBZ (who had a 661.69 reward at height 173245)
End Sub

[MIP]

I contacted EvoNodes to see how much listing will cost. They offer shared MN hosting (like Mint Nodes before they closed). Shared MN may be attractive to investors that don't quite have 4.5M to make a sanctuary.

The want $250 USD for listing. That is about 1.8M BBP at current prices.

I received a $250 refund from SatoshiCoin hosting platform as they were discontinuing the MN hosting business too.

So I will put those $250 myself from that refund.

Please contact me in discord to coordinate this arrangement (if you believe EvoNodes is a good oportunity, if not, we can set those $250 aside for a better MN hosting provider we may find in the future).

[sunk818]

I contacted EvoNodes to see how much listing will cost. They offer shared MN hosting (like Mint Nodes before they closed). Shared MN may be attractive to investors that don't quite have 4.5M to make a sanctuary.

The want $250 USD for listing. That is about 1.8M BBP at current prices.

I received a $250 refund from SatoshiCoin hosting platform as they were discontinuing the MN hosting business too.

So I will put those $250 myself from that refund.

Please contact me in discord to coordinate this arrangement (if you believe EvoNodes is a good oportunity, if not, we can set those $250 aside for a better MN hosting provider we may find in the future).

I haven't used them before, I see StakingLab has one already for us: https://stakinglab.io/pools/2216 -- assuming the service is reliable and stable, its just a matter of pooling enough BBP to get to 4.55M.

[sunk818]

this is for the dynamic whale stake (DWS).

[capulo]

this is for the dynamic whale stake (DWS).



https://i.imgur.com/OWcB8Bk.jpg

150% interest? interesting

[togoshigekata]

DWS (Dynamic Whale Staking)



Potentially gain 30%+ interest on your coins right now by staking them for one year

With mining, I have to make sure the miners stay updated and are running 24/7, I have to pay for electricity

Similar with a masternode, it has to stay updated and run 24/7, and I have to pay for a server

Staking, you just burn the coins and relax!

https://wiki.biblepay.org/DWS_Setup

[sunk818]

Not sure if Feeding America fits into the "efficient" charity threshold... but they spend 76% on Programs relative to overhead and $30 is spent to raise $100.

https://www.charitywatch.org/charities/feeding-america

I bring this up because Swagbucks is offering 1000 swagbucks back (each SB is worth $0.01, so $10) if you donate a minimum of $18.

Just need to find offers that scale better and can apply to many for an extended period of time (like match offers, etc to amplify giving).

[cuarc001]

Not sure if Feeding America fits into the "efficient" charity threshold... but they spend 76% on Programs relative to overhead and $30 is spent to raise $100.

https://www.charitywatch.org/charities/feeding-america

I bring this up because Swagbucks is offering 1000 swagbucks back (each SB is worth $0.01, so $10) if you donate a minimum of $18.

Just need to find offers that scale better and can apply to many for an extended period of time (like match offers, etc to amplify giving).

https://i.imgur.com/PyfbXxe.jpg

Just make sure you set up an account with Swagbucks before trying to use the offer though.

[sunk818]

Updated the graph on DWS burns vs rewards. I stacked the bar graph. Red is the amount you burned. Green is the net gain you receive (assuming no superblock issues). The yellow is the DWU unit which is the percentage net gain. As you can see, as more BBP enters the BBP pool, the DWU starts to decline.



No one knows how the economics of sanctuary rewards will change in the next 12 months with RandomX merged mining. For now, the trend with sanctuary rewards look positive. If that remains the 7day ROI is better than DWS.

For now, the trend looks good. I would argue, if you are optimistic with the last 7day ROI, sanctuary rewards pay better than DWS. If you are more conservative and look at the last 90 days, then after the cost server hosting, I'd argue it is on par with current DWS pay out rates. If you have funds to create a sanctuary for 4.55M BBP, you can receive rewards and decide later to dissolve it later if you want a predictable ROI based on the DWU value (net percentage gain).

As of yesterday:
SanctuaryCostUSD: $1,002.97   
ROI_90d 24.5%
ROI_60d 24.5%
ROI_30d 27.9%
ROI_7d 38.9%



Source data

[bible_pay]

** 1 Million BiblePay PODC Giveaway** - **ENDS JANUARY 31st!**



Get rewarded BBP coins for contributing to real CPU Only science research!

PODC = Proof of Distributed Computing

PODC Setup Guide: https://wiki.biblepay.org/PODC_Setup

=

Giveaway Terms and Conditions:

- You must be a PODC researcher, in the biblepay leaderboard as of January 31st, 2020
- You must be contributing to research to the World Community Grid project
- You must have more than 100 RAC (Recent Average Credit)

Reference: https://forum.biblepay.org/index.php?topic=485.0

Looks like we have 59 participants in the leaderboard!

I look forward to calculating the results on block 173,307.

Good luck!

"hash": "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f",
ec57 hex = 60503 decimal

Figured out the value of C, but not sure how you applied it to researcher list sans <100 RAC miners.

As far as calculating it, I wrote a tiny vb6 subroutine for this that I will post in the thread and re-use if we have another poll.

LOL, it looks like I won (vout #52 in block 173245).

But since I'm a nice guy I am going to award this to the CPID in position 51 (I'm going to 51 simply because the math of the answer has a floor of 51, and rounding sent it to 52).

I will announce the winner next.

Yes, you should set a give away for Feb 2020 too!

I see the math here.

Code:

Private Sub PODCWinner()
'bbp podc winner
Height = 173307
sblockhash = "ec57a81e053ce1e61b299d4c0168c56d7c0214f817af30b35ddf8ad675209a0f"
C = CLng("&HEC57")
'last gsc transaction before 173307:
'getrawtransaction 0841a3066395229b7c0b2aae6b06f35c57a0df6ddc602ed5919a2c155f783ede 1
SuperBlockCount = 56 'researcher count minus pow miner tx minus sanctuary tx
B = 65535 / SuperBlockCount
A = CInt(C / B)
VOUT = A + 1 'First vout *after* pow and sanctuary - (Note, if we land on a CPID with < 100 RAC, we will move to the next payable ordinal - even if we need to reset the counter from the beginning).
'(This is to discourage people from making fake cpids to get votes)
'Winner = #52 (1 before Rob) : BQWhLA82SxL8PW5LGnwKj8qeog3k3JETBZ (who had a 661.69 reward at height 173245)
End Sub

Ok, yes, let's offer another 1 million reward for the February 2020 (PODC jumpstart giveaway).

Feel free to promote it Sun, Togo and any others who have been spreading the word.

I'm sorry I haven't been on to reply in the last two days, but I've been very busy with the RandomX integration in testnet.  I will post an update on the poll thread very soon.

From what I can tell, the RandomX concept is going to work, and we will most likely have something to test in testnet within 7 days.