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Author Topic: [ANN][TWINS][MN/POS] Birth Notice  (Read 27938 times)
bitalk1
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July 01, 2020, 12:46:21 PM
 #381

zunno:
I completed the first version of the TWINS guide for the New Capital masternode script: https://docs.win.win/twins/english-documentation/twins-masternodes/multiple-masternode-setup-with-the-new-capital-script

A big request to leave your feedback (suggestions, criticism, etc.) on the discord channel. Every opinion is important to us!
https://discord.gg/qfuNu2w

TWINS Coin a truly DEX!!!
 ★Join COMMUNITY★ (https://discord.gg/GPxESzB)
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July 03, 2020, 12:34:57 PM
 #382


Alex [new.capital]:
We are excited to share the first results for the collected TWINS fees on the NCE in June 2020.
The amount of 404 981 TWINS has been just sent to the dev fund:

https://chain.review/explorer/twins/tx/5095a3e1d2163660f46acdbf2c8e60b1d3daddf3e94a483c88c323a1d28cf0bb
https://new.capital/exchange/trade/BTC_TWINS

TWINS Coin a truly DEX!!!
 ★Join COMMUNITY★ (https://discord.gg/GPxESzB)
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July 06, 2020, 02:02:34 PM
 #383

An exciting day for crypto, and an extra special achievement for our team
The first ever EU state-backed, publicly usable crypto assets  have been issued on the NEM blockchain
More details to follow...
https://explorer.nemtool.com/#/s_account?account=NAMUOSYCYJAQMFGQASSALXSMF4P2HVZICDU6EIKV

https://twitter.com/NewCapitalFund/status/1280132589899198464

TWINS Coin a truly DEX!!!
 ★Join COMMUNITY★ (https://discord.gg/GPxESzB)
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Today at 06:51:06 AM
 #384


kemi:
As the increased masternode waiting time is concerning to a lot of people, I took a look at the system and checked why this was the case.

Long story short, the masternode reward queue is based on a consensus mechanism, meaning that, there has to be a clear majority of locked coins voting for the same block reward winners. However, if a significantly big number of new masternodes (in terms of millions locked) are created at once, for example 25%, the queue changes because the new masternodes also get a chance to vote on block winners. Finally, if more than half of masternodes are new, the whole queue is reformed. In our current situation, the majority of coins in masternodes were locked after the initial queue had already been formed. This led to the cycle being extended and longer reward waiting time. After this queue reforming process is over, there will be a clear queue established in the network, and the waiting time will become shorter again. I can't say for sure how much longer it can take to finish this process (what masternodes vote for depends on their local data, therefore it is impossible to see what each masternode will vote for in the future), but it is nearly finished and those masternodes who have not received in a long time (10 days, for example) will receive rewards soon again.

To better understand the masternode voting system: imagine it as a presidential election, however, instead of all people voting, only 10 people are randomly selected to vote (in case of masternodes, the more millions there are locked in a masternode, the more likely it is to be selected to vote for a block winner). The candidate with the most votes wins.

If you want more information about the processes or have any questions, I'll be happy to answer.

I am also nearly finished with a reward ratio calculating algorithm for individual masternodes and masternode tiers, which will reflect more accurate reward ratios between different masternode tiers than the masternodes.online
https://chain.review/explorer/twins/masternodes

TWINS Coin a truly DEX!!!
 ★Join COMMUNITY★ (https://discord.gg/GPxESzB)
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