Infinex - PoW & Masternode - Lyra2Z (True DEX over MN with Profit Sharing Soon)

[CryptoSifus]

Hey, just curios what the long term plan is for mn's?
ATM node payouts are very small due to the low % allocated back to them and the number of nodes active on the network.
Will you be consolidating the nodes into super nodes or something equivalent to that when exchange goes final, or changing the collateral/payout to make it worth running them?
Thanks,CS

[PKBO]

Hey, just curios what the long term plan is for mn's?
ATM node payouts are very small due to the low % allocated back to them and the number of nodes active on the network.
Will you be consolidating the nodes into super nodes or something equivalent to that when exchange goes final, or changing the collateral/payout to make it worth running them?
Thanks,CS

you have 118% per year, take a look on XZC with 25% or another quality coins with 10%


Also when nodes start getting rewards from exchange, this will be another income.

If exchange will generate 15 000 USD per day in fees, thats mean that each node will receive 7,5 USD per day (becouse 50% of fees will be distributed into mn holders)

Now feel free to imagine how it will be earning, if DEX will be succesfull.

[Lyra2z]

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Discord:  https://discord.gg/ZptyqeH
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[spatialiste]

NEWS

Infinex is officially listed as Masternode Tier 1 in GIN

For GIN, Tier 1 is :

Coins in the first tier are projects with existing products that have a clear use case for the coin or seasoned projects with fundamental open source technology that have innovated in the crypto-space.

https://p.gincoin.io/#!/

[kolinko]

Latest video review by Goose#5820 on Discord

https://www.youtube.com/watch?v=sNcKP2rcqUo&feature=youtu.be

Kindly give him a round of applause for his review on us, we really appreciate it.

So far we are not making much announcement as we are busy doing up the code for InfiniDEX Beta.
Once Beta platform is up & running, we would provide everyone with the chance to test out newly revamped UI of InfiniDEX with actual LIVE coin.

As true DEX over MN, we would also be looking to enable cross trade / exchange function between different coins (without going through BTC) after DEX is LIVE, it's possible  as the code base is supportive for the function.

For the front end part (web, BTCT, Twitter, Reddit, etc...), we would be looking to place focus in that after we launch actual InfiniDEX (Product first before promote)

Thanks everyone & have a good day

[spatialiste]

Latest video review by Goose#5820 on Discord

https://www.youtube.com/watch?v=sNcKP2rcqUo&feature=youtu.be

Kindly give him a round of applause for his review on us, we really appreciate it.

So far we are not making much announcement as we are busy doing up the code for InfiniDEX Beta.
Once Beta platform is up & running, we would provide everyone with the chance to test out newly revamped UI of InfiniDEX with actual LIVE coin.

As true DEX over MN, we would also be looking to enable cross trade / exchange function between different coins (without going through BTC) after DEX is LIVE, it's possible  as the code base is supportive for the function.

For the front end part (web, BTCT, Twitter, Reddit, etc...), we would be looking to place focus in that after we launch actual InfiniDEX (Product first before promote)

Thanks everyone & have a good day

Awesome video as always with Goose-Tech !
Thanks for sharing kolinko, I will post it on the French thread 

[tazmako]

date to release infinidex?

[johnreese5895]

No date yet for release 

[ortim]

No date yet for release  

word on the street: when its ready = very soon

[BTC-BTC-BTC]

How many transactions can the exchange can handle at one time? Usually transactions are limited on decentralize exchange.

I like the idea of Masternodes are getting a sharing of all the profit. I am get a masternode to test it out.

[HE[A]RTLESS]

How many transactions can the exchange can handle at one time? Usually transactions are limited on decentralize exchange.

I like the idea of Masternodes are getting a sharing of all the profit. I am get a masternode to test it out.

i think it have some problem when release but infinex team will improve to handle it.

[kolinko]

Some update on what IFX team need to do to start the DEX Beta:

1) Internal test using live coin on trading, deposit & withdrawal to make sure everything working as intended
2) Integration of actual Trading View charting tools with actual trade data from DEX (we have gotten the approval from Trading View to use)
3) Basic website update for InfiniDex.io to display information about InfiniDEX

We expect to complete all 3 items above within a week & start the actual InfiniDEX Beta.
InfiniDEX Beta would run non-stop, meaning it would be actual exchange with minor update whenever needed

--------------------------------------------------------------------------------------------------------------

After that we would start to work as below:
Trading API as per what was provided with current major exchanges
More info in coin listing process (through the use of InfiniDEX app to prevent scammer impersonating as IFX team)
New tab inside GUI wallet for everyone with MN to fill in their respective wallet address to receive reward, e.g. BTC address to receive trading fee from sub pair of BTC; ETH address to receive trading fee from sub pair of ETH & more (as we add more sub trading pair)
Update script for MN to upgrade from their current node to new version
Infinex website refresh
We expect the above to be ready around end September to early October

[rulez]

TradersGateway masternode investment comparison tool features the most accurate and detailed stats

• Website - http://www.tradersgateway.net/
• Discord - https://discordapp.com/invite/d2PH7hq
• Twitter - https://twitter.com/traders_gateway

[duke944]

Firstly I would like to apologise as I decided to delay InfiniDEX Beta for 2 weeks time (Final Delay)
Target InfiniDEX Launch: 24 September 2018

Few reasoning as below:
1) First user impression is very very important, at the moment, although InfiniDEX Beta is usable, but I think still lacking in its completion (UI side only have Complete Exchange System, Wallet Balances, User Deposit Histories, User Deposit, User Withdraw Histories, User Withdraw & Trade Histories; lacking User Support info, lacking API info, lacking Coin Listing info)
2) We need to be 100% sure that the code is safe with check at every possible exploit point to achieve high user trust & reliance
3) We found 1 issue that we REALLY need to fix now rather than future patch, its linking to how our InfiniDEX operate, so take your time to read details on our InfiniDEX as below (technical):

[HE[A]RTLESS]

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[CryptoSifus]

It should be noted that IFX is also available to trade on MCT+ Platform.
My Crypto Trade Plus is a altcoin to altcoin trading platform that doesn't require any fixed base pairs to execute a trade.
Finally free of btc, eth, ltc trading pairs.

Looking forward to IFX DEX going final.
You guys have done great work. Lots of support for you all in the MCT+ camp.

[juhakall]

Latest commits were on April... nothing to improve?

[jayou]

Latest commits were on April... nothing to improve?

For those following Discord, you have already seen members have voiced their security concerns of dex codes being too open.  As a result, since Apr onwards, commits have gone to a private repo.

[Lim Delin]

1) What exchanges are planned to be? Is there any yet?

2) there's no Infinex listed on BSOD.PW

Cryptobridge,CoinExchange. Already available exchanges.

[jerry3k5jamiso1]

Happy weekend everyone!
First, I would like to thanks everyone for the patience & support in IFX.
We release IFX on February 2018 & been developing InfiniDEX non stop from scratch since day 1 --- (7 months progress).

During all this month, everyone been with us going through multiple up & down (its crypto world!) & I personally really would like to thanks everyone for you to be with us all this while.

So far from what we notice, recently only two larger miner that is mining IFX, help supporting our network but selling back their mining (IFX) back to market everyday (which definitely put pressure on IFX as it's still young) but we think that it's good in the long run as their selling would help people who would like to buy to get IFX without pushing up the price too much & setting up more nodes to help with hosting of InfiniDEX.

As always, please don't push up the price as maintaining higher price is tougher when miners are selling hard (its different from years ago where home miners mining coin as hobby VS current large miners who mining for $)

With above, I would like to announce the InfiniDEX Beta Launch Date.
We would set it at 26 September 2018 - 00:00 GMT+0

As this is the first Beta, expect some minor bug & we hope users could help submit it to #bugs-and-fixes

Countdown timer for InfiniDEX Beta as below:
https://www.timeanddate.com/countdown/launch?iso=20180926T08&p0=236&msg=InfiniDEX+Beta+Launch&font=sanserif&csz=1