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

[Eatbatterys]

I can't help but wonder... why does the transition have to be scheduled 2 months in the future? If you've tested what you're about to implement, wouldn't just 1-2 weeks be enough?
Or are you aiming for a specific amount of supply before you change into POS? I'm a bit curious about that part of your decision.

There are other issues which include PIVX removing see-saw due to issues it was causing with zerocoin(which we plan on implementing shortly after PoS goes live) that we're looking into.

Instead of releasing multiple mandatory updates, we'd prefer to take a little bit more time, get everything sorted out, and release everything at once.

Once released, we'd like to have a minimum of 3-4 weeks to allow the majority of the network to update accordingly instead of rushing it in one week and hoping enough people are paying attention and updating.

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[RivAngE]

Ah I see, that makes sense! Thanks!

[menruou]

Is there a hurry to update wallets at this point?
Or update VPS wallet?

[Eatbatterys]

Is there a hurry to update wallets at this point?
Or update VPS wallet?

It's always preferable to update to the latest version as soon as it is available. Not to mention, it takes about 30 seconds to actually update, so might as well be safe and do so.

Should you run into any issues at any point and need help troubleshooting, the first thing anybody will ask you is whether or not you're on the latest wallet version anyways.

[Piston Honda]

After much deliberation the Bulwark team has decided that going forward we will be moving to Proof-Of-Stake. Please see the attched blog post for our thought process:

https://bulwarkcrypto.com/bulwark-proof-of-stake/

We thank you for your patience and understanding

Q: Is PoS activating 6 months from now?
A: Proof of Stake is activating 6 months from the launch date. So around another 2 months on block 172800 (Approximately June 6th, 2018.)

Q: Is mining still possible?
A: Yes, mining is still possible up until block 172800.

Q: Will we need to update wallets/Masternodes?
A: Yes, we will provide a new wallet and update the Masternode script when the wallet is ready.

Q: But the vote said an algorithm change was going to happen.
A: This vote was not a guarantee that any particular choice will be implemented by The Bulwark Team. It was a means to gauge community interest in each option to be taken into consideration while we discussed internally.

Q: Are the block rewards changing?
A: No, Block rewards will stay the same, but the see-saw reward system will activate on block 172800.

Q: What % of rewards will I expect during Proof of Stake?
A: There is no way to accurately calculate your rewards until PoS activates. It depends on how much is locked up in staking, and how much is locked up with MN's.

Super! I fully support the decision of the team.

very nice!

man the view from the m00n will be epic with BWK!

[ztaz]

After much deliberation the Bulwark team has decided that going forward we will be moving to Proof-Of-Stake. Please see the attched blog post for our thought process:

https://bulwarkcrypto.com/bulwark-proof-of-stake/

We thank you for your patience and understanding

Q: Is PoS activating 6 months from now?
A: Proof of Stake is activating 6 months from the launch date. So around another 2 months on block 172800 (Approximately June 6th, 2018.)

Q: Is mining still possible?
A: Yes, mining is still possible up until block 172800.

Q: Will we need to update wallets/Masternodes?
A: Yes, we will provide a new wallet and update the Masternode script when the wallet is ready.

Q: But the vote said an algorithm change was going to happen.
A: This vote was not a guarantee that any particular choice will be implemented by The Bulwark Team. It was a means to gauge community interest in each option to be taken into consideration while we discussed internally.

Q: Are the block rewards changing?
A: No, Block rewards will stay the same, but the see-saw reward system will activate on block 172800.

Q: What % of rewards will I expect during Proof of Stake?
A: There is no way to accurately calculate your rewards until PoS activates. It depends on how much is locked up in staking, and how much is locked up with MN's.

Super! I fully support the decision of the team.

very nice!

man the view from the m00n will be epic with BWK!

polite answers to the right questions - so keep the developers! really the project is chosen from the deep bottom and all the mistakes are already behind ... lacks a confident, at least a small growth of the coin itself, but the campaign as long as there is nicehash it will not be - sadly.

[speedM]

Bulwark plans to have some prestigious big exchange ?

[quynhhoa1790]

I hope this whole crappy thing with the incompetence of Cryptopia doesn't kill this coin before it's had a chance, but right now I just see it as a frustration I can't be bothered dealing with.

[BWK_VoxTerra]

I hope this whole crappy thing with the incompetence of Cryptopia doesn't kill this coin before it's had a chance, but right now I just see it as a frustration I can't be bothered dealing with.

Crypto-Bridge is there for you. I don't use cryptopia either, personally.

Bulwark plans to have some prestigious big exchange ?

Q:  Does Bulwark plan to be listed on <Exchange> any time soon?
A:  The Bulwark team is committed to the long-term health and stability of this project.  Major exchanges want to see novel features and longevity from non-ICO coins prior to listing.  Bulwark is focused on  executing in both of those areas and we are not actively pursuing additional exchange listings at this time.

[chenjl84]

This coin is very interesting. I will patiently wait for the next announcement of the project, and of course, there is more detailed information.

[Eatbatterys]

This coin is very interesting. I will patiently wait for the next announcement of the project, and of course, there is more detailed information.

Thank you! The best place to get up to date and fast information regarding our project and announcements would be at our discord

https://discord.gg/a7vhegP

Feel free to come join us and chat!

[tangtang800]

People need healthy bodies. This is a beautiful project and should be supported. When will HARDCAPt be listed on large exchanges?

[BulwarkCoin]

As much as we love giveaways, we will never giveaway Ethereum (ETH). Please be wary of the many scams on twitter with accounts making names similar to ours and offering any giveaways whatsoever!

[BWK_VoxTerra]

People need healthy bodies. This is a beautiful project and should be supported. When will HARDCAPt be listed on large exchanges?

I'm not sure I quite understand your entire question, but if you're asking what our hard cap is, we do not have a hard cap, but our maximum supply at the end of year 5 will be 27,668,220 BWK

[umine.org]

Bulwark pool https://umine.org

Code:

-a nist5 -o stratum+tcp://s.umine.org:3834 -u BWK_WALLET -p c=BWK,rigname 

Low fee 0.5%.
Payouts are made automatically every 1 hours for all balances above 0.1, or 0.01 on Sunday*.

[TheHas]

Interesting that pow is still going on, at least for the next little while, but on whattomine bulwark is wayyyy down low. Not sure if whattomine is showing an accurate representation of profitability at this stage. Perhaps some issue with the way data is collected and displayed online.

[erdnapa]

Interesting that pow is still going on, at least for the next little while, but on whattomine bulwark is wayyyy down low. Not sure if whattomine is showing an accurate representation of profitability at this stage. Perhaps some issue with the way data is collected and displayed online.

Whattomine is correct. BWK should actually be listed in the ASIC section as most (all?) hashrate is coming from ASICs running NIST5.
Go to https://www.crypto-coinz.net/coin-info/?43-BULWARK-BWK-NIST5-calculator/ and select '30 Days' for the 'Statistics:' chart to see when the ASIC arrived

[TheHas]

Interesting that pow is still going on, at least for the next little while, but on whattomine bulwark is wayyyy down low. Not sure if whattomine is showing an accurate representation of profitability at this stage. Perhaps some issue with the way data is collected and displayed online.

Whattomine is correct. BWK should actually be listed in the ASIC section as most (all?) hashrate is coming from ASICs running NIST5.
Go to https://www.crypto-coinz.net/coin-info/?43-BULWARK-BWK-NIST5-calculator/ and select '30 Days' for the 'Statistics:' chart to see when the ASIC arrived

Ah I see thanks for pointing that out. Asics trying to cash in everywhere but with Bulwark going to pos, kind of like Pivx, I guess they decided they don't need to take a stance on the whole asic vs gpu mining debate.

[BWK LyGhT1337]

Hello Bulwark community,
I would like to remind you of our Saturday Gaming event which takes place every second Saturday.
In this gaming event we are going to play games which are chosen by the community, so If you also want to vote for a Game you can do that by joining our Bulwark Discord : https://discord.gg/TwwqBH9
There will be also a prize pool (70 BWK) for the Winner/s.
I hope to see you all this Saturday.

Also a quick reminder, if you have any suggestions about what games we should play... Please dm (direct message) RoyaLemonade or LyGhT1337 in the Discord Server!

[maimai2958]

even after everything thats happened I still believe in bulwark, Im going to mine and HODL.  remember BTC has  to go over $17,000 to indicate a bull market eventually a whale will pump it