[ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN

[Vario]

good work with the exchange!

[whothehellcares]

Everyone should know that masternodes are currently active and skimming 20%.

[tsik]

Everyone should know that masternodes are currently active and skimming 20%.

Yes, that’s correct. Dishonest or incompetent devs. I vote for the first option, hence the rush to list this. Next

[Eatbatterys]

Everyone should know that masternodes are currently active and skimming 20%.

Yes, that’s correct. Dishonest or incompetent devs. I vote for the first option, hence the rush to list this. Next

While I appreciate the sentiment of going directly to scam, I can assure you that four preliminary masternodes were put up to help support the network while it was growing. All masternode profits will be getting put directly back into the community via giveaways until more community masternodes begin being established. The fifth masternode was a bounty collected by someone that helped us beta test over the last month so I don't feel comfortable forcing him to give up the profits he earned by helping us.

All four masternodes addresses:

bWW9C83f6jW89VXUK9H5NxdpYHiKy7sc3q
bZSfqvVvuRBrCes1KfxrC4uCthPKdwt6Zx
bJiNkVZVBKC9wD9mHHgbpV6FwzfkmMmkTf
bEmbgyyt8GvYEcRyLc148DUuCuiUXdLQCR

Feel free to monitor them.

[BWK-Frogman]

Everyone should know that masternodes are currently active and skimming 20%.

Masternodes are collecting 10 BWK / block.  That's accurate and how the system was coded.  There's an 80/20 split after the slow start.

Rather than letting that 20% burn we are collecting it and will use it for the betterment of the project - notably via giveaways and to fund additional exchange listings.

If you want to sell BWK on the Coinsmarkets listing, I've got a standing order for 1000 @ 700 SAT.  Please - sell away.  

This is a long-term project and we're not going to jeopardize it over a fraction of the already-small pre-mine.  By the end of the 3rd month, 85% of circulating coins for this project will be mined.  

These are both my nodes:

https://altmix.org/coins/10-Bulwark/explorer/address/bZSfqvVvuRBrCes1KfxrC4uCthPKdwt6Zx

and

https://altmix.org/coins/10-Bulwark/explorer/address/bJiNkVZVBKC9wD9mHHgbpV6FwzfkmMmkTf

You will see I've already posted about them.  Watch their wallet movement. You'll see their Masternode rewards consolidate in a few days and then we will release our plan for them.  Please hop into the Discord with any questions.

[bones261]

Everyone should know that masternodes are currently active and skimming 20%.

I thought the previous estimate of block 27500 was incorrect.

well it's in the code that they don't start until about block 27,500, and basically every yiimp pool has an explorer so.......

According to the code, it started at block 960 when the ramp up ended.
https://github.com/bulwark-crypto/Bulwark/blob/master/src/main.cpp#L1685-#L1700

Code:

int64_t GetMasternodePayment(int nHeight, int64_t blockValue, int nMasternodeCount)
{
    int64_t ret = 0;

    if (nHeight < Params().RAMP_TO_BLOCK()) {
	ret = 0;
    } else if (nHeight <= 28800 && nHeight >= Params().RAMP_TO_BLOCK()) {
        ret = blockValue / 5;
    } else if (nHeight <= 57600 && nHeight > 28800) {
	ret = blockValue / 4;
    } else if (nHeight <= 86400 && nHeight > 57600) {
	ret = blockValue / 3;
    } else if (nHeight <= Params().LAST_POW_BLOCK() && nHeight > 86400) {
	ret = blockValue / 2;
    } else if (nHeight > Params().LAST_POW_BLOCK()) {
        int64_t nMoneySupply = chainActive.Tip()->nMoneySupply;

[tsik]

Now 5 MN is run up. Obviously its dev's MNs.
He use premine for hidden increase premine.

Alarm! Cheating detected!

The devs setup a few masternodes to help the network. The rewards for masternodes are currently zero, so I'm not sure how this is 'cheating'.

How do you know that rewards for masternodes are currently zero?
Blockexplorer is missing, we do not see the movement of coins  

well it's in the code that they don't start until about block 27,500, and basically every yiimp pool has an explorer so.......

How about pic on OP that says?
Masternode block reward
Block 1 - 28,799:   80% PoW/ 20% MN

Sorry, the ANN graphic is slightly off. Good catch. We will get it changed as soon as possible but I assure you masternode block rewards are currently 0.

How do you explain this then?

[Eatbatterys]

Now 5 MN is run up. Obviously its dev's MNs.
He use premine for hidden increase premine.

Alarm! Cheating detected!

The devs setup a few masternodes to help the network. The rewards for masternodes are currently zero, so I'm not sure how this is 'cheating'.

How do you know that rewards for masternodes are currently zero?
Blockexplorer is missing, we do not see the movement of coins  

well it's in the code that they don't start until about block 27,500, and basically every yiimp pool has an explorer so.......

How about pic on OP that says?
Masternode block reward
Block 1 - 28,799:   80% PoW/ 20% MN

Sorry, the ANN graphic is slightly off. Good catch. We will get it changed as soon as possible but I assure you masternode block rewards are currently 0.

How do you explain this then?

Since that seems to be a sore spot, we will happily put this on our list to amend this portion of the graphic to display that the MN block reward split of 80% PoW/ 20% MN is from block 960-28,799 as opposed to initiating MN rewards at block 1.

[healix21]

We are now on the Coinsmarkets Exchange, a sub satoshi cryptocurrency exchange!

https://coinsmarkets.com/trade-BTC-BWK.htm

Please keep in mind that this exchange utilizes 9 decimals places and count your decimals before placing buy/sell orders.

Thank you devs, been waiting for this.

[Eatbatterys]

ANN has been updated to reflect that masternode rewards started at block 960, not block 1.

This does not change the fact that dev created masternodes, which were put up to help the network upon launch, will still be allocating profits to a community fund for additional events and giveaways until there are more community owned masternodes on the network.

[whothehellcares]

Now 5 MN is run up. Obviously its dev's MNs.
He use premine for hidden increase premine.

Alarm! Cheating detected!

The devs setup a few masternodes to help the network. The rewards for masternodes are currently zero, so I'm not sure how this is 'cheating'.

How do you know that rewards for masternodes are currently zero?
Blockexplorer is missing, we do not see the movement of coins  

well it's in the code that they don't start until about block 960, and basically every yiimp pool has an explorer so.......

My apologies.  The quote above originally stated that the code said the masternode % would be off until block 27.8k .  They have edited their statement to reflect actuality.  Pitchforks have been summarily stowed.

[hoalieuo]

total supply ?

[Eatbatterys]

total supply ?

Technically infinite. Though 27 million BWK will be generated by the end of year 5 and 561k will be generated each year thereafter.

[bones261]

total supply ?

Technically infinite. Though 27 million BWK will be generated by the end of year 5 and 561k will be generated each year thereafter.

Are the tx fees burned? I am not seeing them being rewarded in the code. I could be looking at it wrong though.

[Vivik]

pool.friends-master.net

pool fee: 1.5 %
payout : 1 h

-a nist5 -o stratum+tcp://pool.friends-master.net:3833 -u YOU_BWK_WALLET_ADDRESS -p c=BWK

[Eatbatterys]

total supply ?

Technically infinite. Though 27 million BWK will be generated by the end of year 5 and 561k will be generated each year thereafter.

Are the tx fees burned? I am not seeing them being rewarded in the code. I could be looking at it wrong though.

I'm 99.9% certain that they are burned. I don't want to state that officially and not be correct though. I've asked our developer and will update this post accordingly as soon as I get an answer.

[puremage111]

Alright i am mining here: https://blocksuckernation.com/ where no registration is needed but just input my mining address

Is there way to check approximately how much BWK i have make there?
Thanks

[Eatbatterys]

Alright i am mining here: https://blocksuckernation.com/ where no registration is needed but just input my mining address

Is there way to check approximately how much BWK i have make there?
Thanks

On the pool's website click "Wallets." Input your Bulwark wallet address you're using to mine with in there and submit. It will then provide you all the details pertaining to the rewards you're collecting, payouts that have been made, and your hash rate.

[BulwarkCoin]

Thanks to everyone who joined in for the 1000 Bulwark giveaway on discord!


https://discord.gg/a7vhegP

[Brucelats]

Nice project, will mine.

Keep it up!