Commie
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December 06, 2017, 08:32:22 PM |
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look at what blocks umine credit to miners and look at what blocks get paid to its adress. they steal a lot of blocks, miners beware.
Can you share details please and not just make accusations? I would also be appreciative if you can provide proof. If there are clear cut facts that this is occurring, I will remove them from our list of pools. If not, please don't slander honest pool operators unless you have physical proof to back it up. Funny that, I heard few discussions before regarding umine (not on this forum), none of them was positive.
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kras1v777
Member
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Activity: 164
Merit: 10
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December 06, 2017, 09:01:43 PM |
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drago777
Member
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Activity: 308
Merit: 11
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December 06, 2017, 09:43:01 PM |
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Amazing profit this masternode in mnrank.com
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heratys111
Member
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Activity: 164
Merit: 71
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December 06, 2017, 09:46:23 PM |
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Project looks great.
What's the thinking behind a five year POW period? Are you hoping that pow miners will help the coin become 'established' and then transition to be involved in masternodes down the track. Or is it more that POS will replace POW, and your focus (and rewards) are on masternodes since that is what is mainly required to keep the system secure?
We do not have a five year PoW period. The Proof of Work and Masternodes phase only lasts approximately one year. After that, it will switch to Proof of Stake and Masternodes. I think the confusion here is because the OP states: "The PoW phase will start with a block reward of 50 BWK and decrease quarterly until PoS Year 6" (emphasis added as this seems to be a typo or need clearer indication of the actual plan -- I'd suggest reframing this bolded part to read something like: "during the year-long Pow phase" or "over the course of the year-long PoW phase"). Immediately below that it has the quarterly schedule of PoW rewards; the two lines taken together make evident that something is awry or inconsistent.
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▐▐▐▐ CrocodileCash ▐▐▐▐ Fast and cheap ^_^ ▐ Aggressive, non-hyperinflationary 12% PoS ("Strength in Basking") ▐ 4.4 million current supply ▐ SHA-256 PoW -- Making old ASICs great again
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Eatbatterys (OP)
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December 06, 2017, 10:27:35 PM |
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Project looks great.
What's the thinking behind a five year POW period? Are you hoping that pow miners will help the coin become 'established' and then transition to be involved in masternodes down the track. Or is it more that POS will replace POW, and your focus (and rewards) are on masternodes since that is what is mainly required to keep the system secure?
We do not have a five year PoW period. The Proof of Work and Masternodes phase only lasts approximately one year. After that, it will switch to Proof of Stake and Masternodes. I think the confusion here is because the OP states: "The PoW phase will start with a block reward of 50 BWK and decrease quarterly until PoS Year 6" (emphasis added as this seems to be a typo or need clearer indication of the actual plan -- I'd suggest reframing this bolded part to read something like: "during the year-long Pow phase" or "over the course of the year-long PoW phase"). Immediately below that it has the quarterly schedule of PoW rewards; the two lines taken together make evident that something is awry or inconsistent. I can see where you might be able to misconstrue that. We'll put it on our list to revise the language to make it more understandable. Thank you for spotting that!
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TheHas
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December 06, 2017, 10:30:49 PM |
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Project looks great.
What's the thinking behind a five year POW period? Are you hoping that pow miners will help the coin become 'established' and then transition to be involved in masternodes down the track. Or is it more that POS will replace POW, and your focus (and rewards) are on masternodes since that is what is mainly required to keep the system secure?
We do not have a five year PoW period. The Proof of Work and Masternodes phase only lasts approximately one year. After that, it will switch to Proof of Stake and Masternodes. I think the confusion here is because the OP states: "The PoW phase will start with a block reward of 50 BWK and decrease quarterly until PoS Year 6" (emphasis added as this seems to be a typo or need clearer indication of the actual plan -- I'd suggest reframing this bolded part to read something like: "during the year-long Pow phase" or "over the course of the year-long PoW phase"). Immediately below that it has the quarterly schedule of PoW rewards; the two lines taken together make evident that something is awry or inconsistent. Thanks heratys, yes exactly, this was the reason for my confusion. On a closer look, particularly on the website I can see under the Faq that it was one year PoW. Also in the table with the quarterly year by year breakdown there isn't anything that jumps out that highlights PoW is in year one, and all the other years PoS. I would guess a few people will automatically jump to figures, tables etc so the short sentence that PoW is one year could easily be missed. Could be worth making the one year PoW more apparent or doing something similar to what heratys suggests. Also under the Faq menu under whitepaper, nothing comes up. When the whitepaper is uploaded I'm guessing that will help clarify the roadmap.
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stevascha
Member
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Activity: 312
Merit: 10
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December 07, 2017, 12:27:46 AM |
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look at what blocks umine credit to miners and look at what blocks get paid to its adress. they steal a lot of blocks, miners beware.
Can you share details please and not just make accusations? I would also be appreciative if you can provide proof. If there are clear cut facts that this is occurring, I will remove them from our list of pools. If not, please don't slander honest pool operators unless you have physical proof to back it up. Funny that, I heard few discussions before regarding umine (not on this forum), none of them was positive. any screenshot? we need clarify first
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Warptrooper
Newbie
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Activity: 1
Merit: 0
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December 07, 2017, 01:54:55 AM |
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Hey guys, Warp here. I don't like forum drama and literally made an account because I thought this was ridiculous. That screenshot of mine being used against BWK was literally a JOKE. It was a SIGT joke like "Oh yeah he sold too haha" Everyone sold SIGT. SIGT was a scam. GET OVER IT. So again, sorry for my screenshot, just a joke. PS: I don't know much about BWK but it seems like a pretty alright project. Not shilling it, not fudding it. Just it seems cool and I am mining it now full disclosure. I might mine this. It seems very similar to Solaris which has been rising. I notice at least one team member was on the Signatum team though.
entire team is from signatum who? cro, skank and doc? None of those people are associated with the Bulwark project in any way, shape, or form. We knew this egotistical pleb before signatum also. https://imgur.com/a/Euocdpic of friend telling me eatbattery told him to sell https://imgur.com/a/Uaksteatbattery telling everyong it was premined in a private chat https://imgur.com/a/qPhCLlooking for the actual screenshot... these convos are so old im having a hard ttime locating them. will edit once i find. https://imgur.com/a/0L1aqTelling his e-friend he dumped ^^ told some people in pm's he dumped and recommended others to do so, but too the public he told everyone to hodl... that everything is fine.
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newbiecoinminer
Newbie
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Activity: 49
Merit: 0
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December 07, 2017, 05:19:37 AM |
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Thanks for the headsup. Let me check and point my noob computer at something else. Block sucker seems to have the max hash rate right now
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BornOppenheimer
Newbie
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Activity: 93
Merit: 0
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December 07, 2017, 06:10:36 AM |
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look at what blocks umine credit to miners and look at what blocks get paid to its adress. they steal a lot of blocks, miners beware.
Can you share details please and not just make accusations? I would also be appreciative if you can provide proof. If there are clear cut facts that this is occurring, I will remove them from our list of pools. If not, please don't slander honest pool operators unless you have physical proof to back it up. i did not do the screenshots but you can check what blocks were mined by that pool and what blocks were shared with miners. At the time i checked there was a clear discrepance. So it was either some kind of lags or stealing blocks. I would suggest that you check it out yourself on a pool stat and on the blockchain
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raskad
Newbie
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Activity: 100
Merit: 0
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December 07, 2017, 07:23:20 AM |
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Any news on COINMARKETCAP listing?
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Eatbatterys (OP)
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December 07, 2017, 07:25:22 AM |
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Any news on COINMARKETCAP listing?
Application has been submitted. All we can do at this point is wait for the listing to occur.
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stevascha
Member
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Activity: 312
Merit: 10
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December 07, 2017, 07:32:27 AM |
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is it already recovered? too many the immature block
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Eddyc
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December 07, 2017, 07:37:42 AM |
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The masternode of this coin is quite attractive, although it's expensive, I wonder if it's late to join or is there still more room for growth? Anyway I'll be watching for a few hours the BWK trade.
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Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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Widi_kidiww
Newbie
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Activity: 39
Merit: 0
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December 07, 2017, 08:04:01 AM |
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very cool and complete view of this post dev .. i really like, comfortable to see. hopefully this project run smoothly without any constraints. and more added facilities for the social media community.
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GEFE5T
Member
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Activity: 115
Merit: 10
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December 07, 2017, 09:08:52 AM |
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Umine underpays for blocks on the wallet.
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