🔥[QMC]🔥 🌐 The Decentralized Torrent Network 🎬 NextGen ROI Tech 📈 [MN/PoS] ✅

[Jei2]

Just to clarify, anyone can submit links - not just MN holders
I assume you meant if investors don't participate in voting?

i am highly convinced 99% of MN holders are MN holders for the passive income, not to handcheck ~3000 torrents per month to vote for each valid one.

Well some check magnets everyday and vote on them
it all depends on people, some are in it for rewards, some see the bigger picture
if you have great community then great things going to happen

[QMCoin]

Just to clarify, anyone can submit links - not just MN holders
I assume you meant if investors don't participate in voting?

i am highly convinced 99% of MN holders are MN holders for the passive income, not to handcheck ~3000 torrents per month to vote for each valid one.

So far that is not really the case on our network which actually makes us very happy.
You should check out the community at some point, even just for a glance!

Besides, some hold a large portion of MNs - and QMT allows to vote on multiple links
So if someone was feeling generous they could potentially just ctrl+a and vote. Then hope the bad ones get downvoted or reported to other MN holders..

[buzztiaan]

So far that is not really the case on our network

This is -totally- the case right now.

$ ./qmc-cli getbudgetinfo | grep 'Yeas\" : 0' | wc -l
2621
$ ./qmc-cli getbudgetinfo | grep 'Yeas\" : 1' | wc -l
5


out of the 2680 torrents that are currently inside the system, 2621 have not received a vote

[Kasperiko]

On the one hand, not to reward those who did not vote correctly from the point of view of the community; on the other hand, this is too much centralization of power. It turns out that investors who have many assets in portfolios including yours may simply not get anything due to the fact that it is impossible to monitor and participate in all projects.

So far the majority of the people who own MNs are actually enthusiasts of the purpose of the coin!
although there are indeed a whole bunch who are purely in it just for the rewards/investment point of view...hence lowering the threshold of votes required might just be the way to go.

Just to clarify, anyone can submit links - not just MN holders
I assume you meant if investors don't participate in voting?

Exactly. Many investors buy and forget about buying for several months. So I sometimes do it simply. And this is a problem if it turns out those who do not vote but bought will not get anything.

[QMCoin]

On the one hand, not to reward those who did not vote correctly from the point of view of the community; on the other hand, this is too much centralization of power. It turns out that investors who have many assets in portfolios including yours may simply not get anything due to the fact that it is impossible to monitor and participate in all projects.

So far the majority of the people who own MNs are actually enthusiasts of the purpose of the coin!
although there are indeed a whole bunch who are purely in it just for the rewards/investment point of view...hence lowering the threshold of votes required might just be the way to go.

Just to clarify, anyone can submit links - not just MN holders
I assume you meant if investors don't participate in voting?

Exactly. Many investors buy and forget about buying for several months. So I sometimes do it simply. And this is a problem if it turns out those who do not vote but bought will not get anything.

What do you mean?
MN holders always get their share no matter what...so do people who only stake.

Submitting magnet links is a whole different eco-system.
You (anyone, doesn't have to be a mn owner or anything) can submit a link for 1 QMC,
and if it gets voted by mn holders as a good link to quality inforatmion - you get back 5 QMC!
Any average joe can post a link with just 1 QMC.

The majority of links right now were 'donated' by the way (see payout of 1 qmc in exchange for 1 qmc), by a community member who never expected them to get voted but wanted to provide some content

[buzztiaan]

by a community member who never expected them to get voted but wanted to provide some content

but note that he also didnt get voted on , nor did he get the 1 QMC back

[QMCoin]

by a community member who never expected them to get voted but wanted to provide some content

but note that he also didnt get voted on , nor did he get the 1 QMC back

He/she didn't expect to
The 1 QMC investment per link is a measure to avoid spam on the network and also a way to earn QMC in the long term. An incentive for posting high quality content and information.

We might be changing to more frequent payments along with less votes required soon, though !

[buzztiaan]

We might be changing to more frequent payments along with less votes required soon, though !

how about :

- make torrentsubmit the ONLY way to earn money
- reward ALL torrent after a month UNLESS a MN holder voted that it is shit

this way you remove all the dumb passive income users that arent doing shit for the coin
AND get a torrent database even -worth- mentioning

[Kasperiko]

On the one hand, not to reward those who did not vote correctly from the point of view of the community; on the other hand, this is too much centralization of power. It turns out that investors who have many assets in portfolios including yours may simply not get anything due to the fact that it is impossible to monitor and participate in all projects.

So far the majority of the people who own MNs are actually enthusiasts of the purpose of the coin!
although there are indeed a whole bunch who are purely in it just for the rewards/investment point of view...hence lowering the threshold of votes required might just be the way to go.

Just to clarify, anyone can submit links - not just MN holders
I assume you meant if investors don't participate in voting?

Exactly. Many investors buy and forget about buying for several months. So I sometimes do it simply. And this is a problem if it turns out those who do not vote but bought will not get anything.

What do you mean?
MN holders always get their share no matter what...so do people who only stake.

Submitting magnet links is a whole different eco-system.
You (anyone, doesn't have to be a mn owner or anything) can submit a link for 1 QMC,
and if it gets voted by mn holders as a good link to quality inforatmion - you get back 5 QMC!
Any average joe can post a link with just 1 QMC.

The majority of links right now were 'donated' by the way (see payout of 1 qmc in exchange for 1 qmc), by a community member who never expected them to get voted but wanted to provide some content

Thanks for the explanation now everything is much clearer. In this case, you are all right and most importantly honestly done. You need to take an example from other companies on the blockchain that they like to do as it is beneficial for the co-founders of the company.

[QMCoin]

We might be changing to more frequent payments along with less votes required soon, though !

how about :

- make torrentsubmit the ONLY way to earn money
- reward ALL torrent after a month UNLESS a MN holder voted that it is shit

this way you remove all the dumb passive income users that arent doing shit for the coin
AND get a torrent database even -worth- mentioning

I personally like it, and I'll pass it on to the main dev who would then put it for vote @ discord community.
But MN holders and PoS stakers need to earn too (for their investment and contribution to the network)
Let's see

[QMCoin]

We might be changing to more frequent payments along with less votes required soon, though !

how about :

- make torrentsubmit the ONLY way to earn money
- reward ALL torrent after a month UNLESS a MN holder voted that it is shit

this way you remove all the dumb passive income users that arent doing shit for the coin
AND get a torrent database even -worth- mentioning

I personally like it, and I'll pass it on to the main dev who would then put it for vote @ discord community.
But MN holders and PoS stakers need to earn too (for their investment and contribution to the network)
Let's see

Community voted nay

[QMCoin]

Some DDoS going on - guess we're doing something right 

New wallets that should mitigate future issues will be released soon (and MN setup script will get an update, too!)

[buzztiaan]

Community voted nay

you mean the 50 MN holders

anyone that votes 'nay' on that suggestion i made , doesnt want a torrent library

[buzztiaan]

Some DDoS going on - guess we're doing something right  

you cant DDoS a cryptocurrency network, there's no central servers to attack and the -code- doesnt have a DoS

(and if it -did- it would absolute mean you ARENT doing something right, because you would have added that)

[QMCoin]

Some DDoS going on - guess we're doing something right  

you cant DDoS a cryptocurrency network, there's no central servers to attack and the -code- doesnt have a DoS

(and if it -did- it would absolute mean you ARENT doing something right, because you would have added that)

Someone thought it would be a smart idea to DDoS masternodes on the network - to try and drop collateral we suspect. Obviously, someone didn't read the code before making that decision and they gained nothing...

Same goes for our poor one-page website, though.

[Kasperiko]

Some DDoS going on - guess we're doing something right  

you cant DDoS a cryptocurrency network, there's no central servers to attack and the -code- doesnt have a DoS

(and if it -did- it would absolute mean you ARENT doing something right, because you would have added that)

I do not understand how it happens? Can anyone spamming the network? If so, this is a very big problem right from the start. It is necessary to fix it. Otherwise, when the popularity of the problems increase.

[QMCoin]

Some DDoS going on - guess we're doing something right  

you cant DDoS a cryptocurrency network, there's no central servers to attack and the -code- doesnt have a DoS

(and if it -did- it would absolute mean you ARENT doing something right, because you would have added that)

I do not understand how it happens? Can anyone spamming the network? If so, this is a very big problem right from the start. It is necessary to fix it. Otherwise, when the popularity of the problems increase.

It has been sorted. Just some kid DDoSing Masternodes - can happen to any network.
This did not affect the collateral though (see code).
With tor onion masternodes this is less likely to happen though

[buzztiaan]

It has been sorted. Just some kid DDoSing Masternodes - can happen to any network.

And one of the MN is also the webserver? tsk tsk

[buzztiaan]

Anyone still able to sync from zero?

Just setup a new node -and- its connecting to peers, but they all have -1 height, so no blocks to sync to.

[buzztiaan]

Anyone still able to sync from zero?

Just setup a new node -and- its connecting to peers, but they all have -1 height, so no blocks to sync to.

just a whole lot of this in debug.log;

Code:

2018-10-24 14:05:04 socket sending timeout: 1201s
2018-10-24 14:05:04 SOCKS5 connecting 54.38.76.79
2018-10-24 14:05:04 SOCKS5 connected 54.38.76.79
2018-10-24 14:05:20 PROCESSMESSAGE: INVALID MESSAGESTART dseep peer=49
2018-10-24 14:06:28 SOCKS5 connecting 54.38.76.75
2018-10-24 14:06:28 SOCKS5 connected 54.38.76.75
2018-10-24 14:07:32 SOCKS5 connecting 54.38.145.192
2018-10-24 14:07:32 SOCKS5 connected 54.38.145.192
2018-10-24 14:07:53 SOCKS5 connecting 54.38.76.75
2018-10-24 14:07:53 SOCKS5 connected 54.38.76.75
2018-10-24 14:08:01 keypool reserve 4
2018-10-24 14:08:01 keypool return 4
2018-10-24 14:08:15 SOCKS5 connecting 136.243.26.230
2018-10-24 14:08:15 SOCKS5 connected 136.243.26.230
2018-10-24 14:08:39 SOCKS5 connecting 54.38.148.199
2018-10-24 14:08:49 SOCKS5 connected 54.38.148.199
2018-10-24 14:09:09 SOCKS5 connecting 51.38.75.175
2018-10-24 14:09:09 ERROR: Proxy error: connection refused
2018-10-24 14:09:32 SOCKS5 connecting 54.38.145.192
2018-10-24 14:09:32 SOCKS5 connected 54.38.145.192