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TheHas
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May 30, 2018, 12:47:15 AM |
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We also feel the same way about the "One Click Masternode Setup" or "Masternode Setup Services" based solely on the fact that while they may not be directly able to access your collateral, they can turn your node off and affect your earning capabilities at any point. This in essence, could easily be used to cheat their users as well as manipulating the masternode reward system should they have enough people using their service.
That's fair. Although I would (unfortunately) think many users might feel less concerned about these 'one-click' services, where they can't access your collateral, since the risk isn't there in the same way for services where coins actually need to be sent. Also, many people just sit on their coins anyway, so having them be essentially 'staking' through a shared masternode might sound like a good idea to many, particularly if the returns are higher than actual staking. The issue of 'manipulating the masternode reward system' becomes less of a concern as soon as you take away much of the individual user's risk (because their collateral is 'safe') and add more money to the equation. Perhaps if users understood the ramifications of shared one-click masternodes on the entire bulwark system they may be less inclined to go down this path. |
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Eatbatterys (OP)
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May 30, 2018, 05:17:53 AM |
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We also feel the same way about the "One Click Masternode Setup" or "Masternode Setup Services" based solely on the fact that while they may not be directly able to access your collateral, they can turn your node off and affect your earning capabilities at any point. This in essence, could easily be used to cheat their users as well as manipulating the masternode reward system should they have enough people using their service.
That's fair. Although I would (unfortunately) think many users might feel less concerned about these 'one-click' services, where they can't access your collateral, since the risk isn't there in the same way for services where coins actually need to be sent. Also, many people just sit on their coins anyway, so having them be essentially 'staking' through a shared masternode might sound like a good idea to many, particularly if the returns are higher than actual staking. The issue of 'manipulating the masternode reward system' becomes less of a concern as soon as you take away much of the individual user's risk (because their collateral is 'safe') and add more money to the equation. Perhaps if users understood the ramifications of shared one-click masternodes on the entire bulwark system they may be less inclined to go down this path. It seems to have worked out just fine so far. We've made our masternode script about as easy as it can be. Login as root to VPS, paste command we provide, let the script do the work for you. Easier to just provide detailed documentation and good work than opening our community up to potential scams. |
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BulwarkCoin
Member
 Offline
Activity: 95
Merit: 10
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May 30, 2018, 05:06:05 PM |
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The website will be offline for up to two hours while we prepare for the sales of the Secure Home Node! Following this, the hardware will be on sale at 7pm UTC! Keep in mind, the only currency usable to buy them is BWK! More info soon!
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Eatbatterys (OP)
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Update
As we get closer to the update, we wanted to give everyone a sense for what is going to be happening over the next few weeks. On block 172800, we will have our quarterly reward decrease. While the best we can do is approximate the date this will happen, it is set to occur 8.37 days from the time of this post, approximately June 9th/10th. We plan on releasing the new wallet update shortly after this occurs.
Once released, everyone will be required to update their wallets as well as their masternodes to the latest version. We will be updating our script so that masternode operators can login to their VPS and copy/paste a single command to update their node. We will then be immediately contacting exchanges and pool operators to update their wallets as well. Should anybody ignore the update, know that your wallet will simply just stop working as we pass over into PoS, so please follow directions.
We’ve tested the PoS changeover over half a dozen times and made a number of improvements to the process to make it as painless and bug free as possible. If all goes well, we should pass over into PoS on block 182700 with no issues. If an issue does arise, we may need to institute a slight rollback along with a new update. Hopefully this won’t be required, it is more of a last resort. Thank you to everyone that has been supporting us so far.
Once we pass over into PoS and do not need to keep a watchful eye out for nicehash attacks on our network, we’ll really be able to ramp up development on the project in the areas we want to improve and work on without having to concern ourselves with network maintenance as much.
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raoulsergia
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June 01, 2018, 08:19:19 PM |
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Update
As we get closer to the update, we wanted to give everyone a sense for what is going to be happening over the next few weeks. On block 172800, we will have our quarterly reward decrease. While the best we can do is approximate the date this will happen, it is set to occur 8.37 days from the time of this post, approximately June 9th/10th. We plan on releasing the new wallet update shortly after this occurs.
Once released, everyone will be required to update their wallets as well as their masternodes to the latest version. We will be updating our script so that masternode operators can login to their VPS and copy/paste a single command to update their node. We will then be immediately contacting exchanges and pool operators to update their wallets as well. Should anybody ignore the update, know that your wallet will simply just stop working as we pass over into PoS, so please follow directions.
We’ve tested the PoS changeover over half a dozen times and made a number of improvements to the process to make it as painless and bug free as possible. If all goes well, we should pass over into PoS on block 182700 with no issues. If an issue does arise, we may need to institute a slight rollback along with a new update. Hopefully this won’t be required, it is more of a last resort. Thank you to everyone that has been supporting us so far.
Once we pass over into PoS and do not need to keep a watchful eye out for nicehash attacks on our network, we’ll really be able to ramp up development on the project in the areas we want to improve and work on without having to concern ourselves with network maintenance as much.
Timely update, Glat to see constant progress being made in Bulwark, keeping everyone interested in the project and new developments |
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RoyaLemonade
Newbie
Offline
Activity: 14
Merit: 3
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June 04, 2018, 03:00:29 PM |
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Hello BWK Community. The game for the event has been decided by the community and it is going to be Town of Salem. The event is going to be this Saturday(09.06.2018) and there is going to be a prize pool of 70 BWK! So if you want to play you can register by filling this form + joining our Discord server! Register here: https://[Suspicious link removed]/forms/lCGoXe3EtUBhGPNh1 Join our Discord here: https://discord.gg/prcbjFaI hope to see you guys this Saturday! |
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zhqx168
Newbie
Offline
Activity: 16
Merit: 0
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June 04, 2018, 03:08:25 PM |
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RoyaLemonade
Newbie
Offline
Activity: 14
Merit: 3
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June 04, 2018, 08:25:21 PM |
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UPDATEOver the last few weeks we’ve been gathering all of the documentation and guides for everything Bulwark related. We've compiled it for you all in to an easy to use package, the Bulwark Knowledge Base - http://kb.bulwarkcrypto.site/Going forward, the Knowledgebase will be the home of all of our “How To” guides, documentation, and frequently asked questions, such as: -How do I install a masternode? -What is SeeSaw? -SwiftTX explained We welcome any feedback or suggestions for topics to cover, we will be expanding the Knowledgebase as Bulwark continues to be developed, starting with any topics you feel we have missed.
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timmyturners
Jr. Member
Offline
Activity: 32
Merit: 3
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June 05, 2018, 01:06:09 AM |
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Great work. Timely updates and awesome communication, really appreciate it guys (and gals?)  |
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BWK LyGhT1337
Jr. Member
Offline
Activity: 65
Merit: 4
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June 05, 2018, 08:15:04 AM |
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Great work. Timely updates and awesome communication, really appreciate it guys (and gals?) Thanks, we are trying our best! |
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remol
Full Member
Offline
Activity: 378
Merit: 103
Revolutionising Marketing and Loyalty
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June 05, 2018, 05:32:43 PM |
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Just sent you a PM regards to that  |
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Piston Honda
Legendary
Offline
Activity: 2702
Merit: 1064
Juicin' crypto
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June 05, 2018, 06:03:08 PM |
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niiiiiiiiiccceee. man this coin runs wallet and MN payout so smooth, enjoying the $. keep it up team. no reason this isn't x10 where it's from soon. |
$ADK ~ watch & learn...
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bspus
Legendary
Offline
Activity: 2165
Merit: 1002
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June 05, 2018, 06:20:10 PM |
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Has eatbatterys left the project?
He is not listed in the dev team in either the whitepaper or the lightpaper
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BulwarkCoin
Member
Offline
Activity: 95
Merit: 10
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June 05, 2018, 07:45:50 PM |
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Has eatbatterys left the project?
He is not listed in the dev team in either the whitepaper or the lightpaper
He is still here, he is listed as 'Levi' on all of our documentation now. |
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Eatbatterys (OP)
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June 05, 2018, 10:23:04 PM |
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Has eatbatterys left the project?
He is not listed in the dev team in either the whitepaper or the lightpaper
Decided it'd be best to stop using a moniker/handle and start using my real name for professionalism purposes. I appreciate the concern though! |
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Javi_Anibarro
Sr. Member
Offline
Activity: 1526
Merit: 282
tBTC - https://dapp.tbtc.network/
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June 06, 2018, 02:06:43 AM |
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transition will happens approximately june 9/10 and after that you will release the wallet for this one,right ?
so it is safe for us buying it on Cryptopia(for example) and hold it in there ?
i saw many project failed to upgrade their wallet on exchange after transition happened,it's because the exchanger did not update it or ignored it.
because of that many people could not send off their coin.
can we send it off if cryptopia does not upgrade the wallet ? because based on your statement it's require to upgrade the wallet.
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Poll
