[ANN][TWINS][MN/POS] Birth Notice

[bitalk1]

  XYM will be the official ticker of the NEM's upcoming enterprise-focused blockchain, SYMBOL. You can view the POI voting results here:
https://explorer.nemtool.com/#/poll?id=5e1cda164cda5604292f2f3a


  This guide will help you through the process of setting up your node to join SYMBOL’s public test network together with its hardware and environment requirements: https://forum.nem.io/t/nem-foundation-symbol-testnet-node-tutorial/24200?u=laurabkk

[bitalk1]

Laimis:
@Alex [new.capital] has there been any news regarding the increased resource usage after the last fork and multi-tier tier upgrade.? The increase is very apparent for those of us using 5 and 20 tier MNs. The resource usage on VPS is very close to the one we had previosly with the same amount of tier1 MNs. If this is how it was planned - fine, we can deal with this, but the community needs to know it. Those of us running our own vpses were under the impression that this will be a huge resource saver. Edwin mentioned briefly about a bug in the system but it was not addressed or explained well. So on behalf of many members of our community I would be grateful for an official response about this. We need to be very well aware and plan our resources ahead especially when running multiple Tier20 and Tier5 MNs. Thank you

kemiCeгoдня, в 21:14
@Laimis , talking about physical resources, such as RAM, CPU usage, etc. it is important to understand that all masternodes run the same software. This means that all, tier-1, tier-5, tier-20 and tier-100 consume approximately the same amount of resources. The reason why it was/ is called a resource saver is that for people who have 5 or more masternodes running, this update allows to host tiered masternodes, i.e. instead of hosting 5 tier-1 masternodes, they can host 1 tier-5 masternode, which consumes the same amount of resources as 1 tier-1 masternode
So the main point is that the software run on VPS is still practically the same, but it allows to reduce the amount of togal VPS's needed by locking 1m, 5m, 20m or 100m of coins
So if someone has 20m of coins, they will no longer need to host 20 separate VPS's, only 1
@Laimis is that what you wanted to know?
Another thing worth mentioning is that the resource usage also increases due to more and more masternodes being active, as well as the block chain becoming longer, so the more there are masternodes or blocks, the more memory and CPU power VPS's will need
Laimis:
@kemi Thanks. So according to what you are saying if my vps is capable of hosting 20 tier1 masternodes, I should be able to host 20 tier20 masternodes on the same vps. Is that correct?
 
kemi:
Yes
It should be so

https://discordapp.com/invite/yEgCjDy

[bitalk1]

 alexbemore:
Hey guys, I have made 3d logo for Twins, that can be used for different marketing materials, like banners. What do you think? If you need something else, just let me know



The New Capital project always appreciates every valuable contribution from its community in the form of appreciation and also rewards in the form of TWINS.
https://my.new.capital/

[bitalk1]

Take a look at the SYMBOL explorer - you can use it for peer discovery, identifying receipts, and much more:
http://explorer.nemtech.network/nodes

[bitalk1]

We need your help to test the latest SYMBOL testnet. The goal is to setup as much as possible testnet nodes to scale the network and report issues if found.



https://nemtech.github.io/guides/network/running-a-test-net-node.html#running-a-test-net-node
https://discordapp.com/invite/yEgCjDy

[bitalk1]

Edwin [new.capital]:
Urgent announcement!

Yesterday night, it was detected that both the TWINS and FIX networks are being exploited, with the attacker being able to receive masternode rewards on addresses that do not have associated masternode collateral. With further investigation, we now suspect that these rewards were being sold on the Community Exchange ever since September 2019. We have disabled all automatic withdrawals on the exchange, and will manually verify each and every withdrawal attempt until this issue has been resolved. Please contact @Alex [new.capital] directly if your withdrawal has been pending for longer than one hour.

It is our highest priority to establish the details of this vulnerability, and to immediately apply a solution to prevent any further abuse of the networks. We suspect that this serious problem is due to a vulnerability inherited in the PIVX code, and is not related to the multi-tier logic that was recently introduced into the TWINS and FIX networks. However, this type of attack can potentially negatively influence the overall masternode reward ratio and the performance statistics of the network, thereby affecting all of the participants in these projects. Our team is working full-time to solve this issue, but we urgently appeal to you for any assistance that you are able to offer. We have allocated a significant bounty as a reward for your contributions in correcting this vulnerability.

All of the maliciously gained rewards that are generated following the detection of this attack will be locked by the network, and will be rendered unusable in the release of the next wallet code versions.

We will keep you up to date with any progress regarding this critical issue.
https://discord.gg/yEgCjDy

[bitalk1]

Edwin [new.capital]:
We plan to release an updated TWINS wallet for TESTNET tomorrow afternoon. The version will include bug fix related to the multi-tier reward ratio, and also will include a patch that attempts to address the vulnerability. We will need your help to setup as much as possible nodes to test the version properly. Be ready!
https://discord.gg/yEgCjDy

[bitalk1]

         
                Wonderful professional work created by community members





Alex [new.capital]: Amazing quality, simply love it @edmundas323 @Monika @Saule @plikshius Thank you, guys!

https://www.facebook.com/tvarushop/
https://shop.win.win/shop/
https://discordapp.com/invite/AkrNZtf

[bitalk1]

The TWINS testnet has been launched, and a new TESTNET wallet can now be downloaded.
If you need tTWINS coins for staking or MN, please post your tTWINS address on #twins channel:
https://win.win/wallets/3.3.5.0/twins-3.3.5-x86_64-linux-gnu.tar.gz
https://win.win/wallets/3.3.5.0/twins-3.3.5-osx-unsigned.dmg
https://win.win/wallets/3.3.5.0/twins-3.3.5-win32-setup-unsigned.exe
https://win.win/wallets/3.3.5.0/twins-3.3.5-win64-setup-unsigned.exe


https://discord.gg/qfuNu2w

[bitalk1]

Edwin [new.capital]:
Updated TWINS TESTNET wallets are now available:
https://win.win/wallets/3.3.5.2/twins-3.3.5.2-osx-unsigned.dmg
https://win.win/wallets/3.3.5.2/twins-3.3.5.2-win32-setup-unsigned.exe
https://win.win/wallets/3.3.5.2/twins-3.3.5.2-win64-setup-unsigned.exe
https://win.win/wallets/3.3.5.2/twins-3.3.5.2-x86_64-linux-gnu.tar.gz
https://win.win/wallets/3.3.5.2/twins-3.3.5.2-x86_64-linux-gnu-MN.tar.gz
https://discord.gg/qfuNu2w

[bitalk1]

Alex [new.capital]:
First results (40h uptime) TWINS TESTNET:
1M - 1 reward
5M - 5 rewards
20M - 19 rewards
100M - 99 rewards
https://discord.gg/qfuNu2w

[bitalk1]

          For all questions about the community exchange, a separate topic has been created by the project participant, where you can get all the answers to the questions that have arisen, you can also ask discord here and on the channel, every opinion is important to us!
The selection criteria are as follows:
- Project must be POS/Masternodes (environment friendly)
- Team behind the project must be public, known faces and profiles.
- No Privacy coins
- No Security projects. By Security we mean, it needs to have a real use case not a financial/investment only project with dividends/interests.

We offer:
- Free listing
- Sub-satoshi trading
- Free trading against our base currency: TWINS
- Low withdrawal fees
https://new.capital/exchange/trade/BTC_TWINS
https://medium.com/@new.capital/new-capital-community-exchange-secures-its-future-with-the-new-european-union-regulations-88f7ffae54f

Join us in a telegram to keep abreast of the latest news. https://t.me/NewCapitalNews

We remind you that you can add your coin to the community exchange absolutely free, do not hesitate to ask all your questions on the discord channel, where they will answer you quickly.
https://bitcointalk.org/index.php?topic=5199663.0
https://discord.gg/ZWV2Hhc

[bitalk1]

Good stuff from that MNO report

https://bitcointalk.org/index.php?topic=5199663.0
https://masternodes.online/report_2019/

[SunStruck]

When is the masternode situation (rewards performing really bad) finally resolved?

I am basically losing money here...

[Javi_Anibarro]

When is the masternode situation (rewards performing really bad) finally resolved?

I am basically losing money here...

The latest news I heard from the team is, they have fixed the problem but it still on the testnet and they want to make a few improvements before releasing the update for both TWINS and FIX. The improvement will include for both staking parameters, CPU consumption and few more UI improvements. We should expect a new update soon,
Another thing is the attacker does not exploit the reward that much compared to before.

[SunStruck]

Still concering that something that important takes so long.

I hope they really push future critical updates a bit faster than this.

[bitalk1]

     
     New Capital’s Journey Report #2: Crypto exchanges and data aggregators— the good (rare), the bad and the ugly



https://medium.com/@new.capital/new-capitals-journey-report-2-crypto-exchanges-the-good-rare-the-bad-and-the-ugly-d9e494dba856

[Javi_Anibarro]

Still concering that something that important takes so long.

I hope they really push future critical updates a bit faster than this.

They are, it is just they can not keep making an update. People will feel dissatisfied with a constant update from the team. Considering the fact the reward that we will miss when we are restarting the masternode and what is more important is the attacker does not exploit the reward that severely after the team announced it.
I believe the team will fix this issue no later than this month.

[SunStruck]

yeh too late for me then , if nothing happens in the next days I gotta drop this position of my folio ... sad.

[bitalk1]

Here's a new update on Symbol testnet: https://github.com/nemfoundation/symbol-testnet-bootstrap/tree/0.9.2.1-beta4

NOTE: If you have been running a node on ANY previous version it is best if you start from a fresh environment and redeploy your new node from a clean state.



https://twitter.com/NEMofficial