[ANN] Prometheus59 - a decentralized global blockchain-based supercomputer

[Disaster435]

Bounties will start today! Get ready and don't miss further announcements in our discord channel: https://discordapp.com/invite/HuddetG !

How many bounties scheduled? How big will be rewards?

🏆Discord Invite Bounty has started! 💸Earn 0.3 P59 coins per each properly invited user!
🔍Details are in the form: https://docs.google.com/forms/d/e/1FAIpQLSeFQVs9kIO1Pv_qnadW94WZcd4BzRem9Cx0MNTeSJRKNm7BDw/viewform

oh, awesome! What's the limit for invites? How many people can I maximum invite?

[1714113295]

1714113295

[Leila-P59]

Bounties will start today! Get ready and don't miss further announcements in our discord channel: https://discordapp.com/invite/HuddetG !

How many bounties scheduled? How big will be rewards?

🏆Discord Invite Bounty has started! 💸Earn 0.3 P59 coins per each properly invited user!
🔍Details are in the form: https://docs.google.com/forms/d/e/1FAIpQLSeFQVs9kIO1Pv_qnadW94WZcd4BzRem9Cx0MNTeSJRKNm7BDw/viewform

oh, awesome! What's the limit for invites? How many people can I maximum invite?

Minimum invites to qualify is 30.

Such kinds of invites as fake invites, bots, join4join, users who permanently offline, users from gaming service, etc. are forbidden. Invited accounts must be at least 1-month old.

[Kenyon59]

Bounties will start today! Get ready and don't miss further announcements in our discord channel: https://discordapp.com/invite/HuddetG !

How many bounties scheduled? How big will be rewards?

🏆Discord Invite Bounty has started! 💸Earn 0.3 P59 coins per each properly invited user!
🔍Details are in the form: https://docs.google.com/forms/d/e/1FAIpQLSeFQVs9kIO1Pv_qnadW94WZcd4BzRem9Cx0MNTeSJRKNm7BDw/viewform

oh, awesome! What's the limit for invites? How many people can I maximum invite?

Hello! The maximum number of users you can invite is not limited. However, all invites must be real people, not fakes/bots/offline accounts. All invited accounts must be at least 1 month of age.

[Kenyon59]

Good to see the restrained bounties, as too generous giveaways are always dumping the coins. How about Reddit campaign?

That may become one of the bounties, but not right now. That opportunity will be considered. Meanwhile, subscribe to P59 Reddit: https://www.reddit.com/user/Prometheus_59

[FuryBeast]

How much money is possible to earn in bounties? Where's the detailed info?

[Kenyon59]

How much money is possible to earn in bounties? Where's the detailed info?

There are 2 active bounties at the moment.

1) discord invite bounty: 0.3 P59 coins per each real user (no limit for invited users and no deadline; payments issued every 30 days starting from April 30; the main requirement is that invited users must be real people interested in crypto, not bots, fakes, etc).
2) twitter bounty: up to 8 P59 coins per repost (depends on the number of your followers).

Detailed information (discord link): https://discordapp.com/invite/HuddetG

[Disaster435]

Great exposure for the past days! Quite a lot trackers, some shared services. Top-10 on CryproBridge is also well, even though the coins is new.
What are the plans for next weeks? new bounties, exchanges, partnerships? What about WP?

[Kenyon59]

Great exposure for the past days! Quite a lot trackers, some shared services. Top-10 on CryproBridge is also well, even though the coins is new.
What are the plans for next weeks? new bounties, exchanges, partnerships? What about WP?

Prometheus59 Whitepaper is available by the link: https://prometheus59.net/files/Prometheus59-Whitepaper.pdf
The main plans for the next weeks is increasing awareness and popularity of Prometheus59. Also, there will be some development insights.

[pynetx]

I  just came through your ANN thread and you look a lot like SONM. What is it that you are providing and SONM isn't?

1. Specific market pricing based on auction (not applied to Charity mission)

In Prometheus59, the so-called "marketplace" will have an auction element, which, in the event of a lack of capacity, will allow prioritizing the execution of tasks depending on the proposed payment (of course, prioritizing will not touch the Charity mission). This may be a win-win at the initial stages of development.

At the same time, if the price rises and there is a shortage of total computing power allocated for commercial tasks, the power providers will receive greater rewards proportionally to the amount of provided computing power.

Also, if there is a shortage of computing power in the network, a power renter (someone who needs computing power) can offer a higher price and thereby attract more users. In addition, users will be able to earn not only on the power provision but also on PoS. P59 will also have a task formalization system to process the maximum number of types of tasks suitable for distributed computing.

2. Specific way to determine payments for provided computing power

Payments will be formed depending on the total income of the system, but here is a fundamental nuance: all the resources allocated for Charity mission will be paid in the same way as resources used to solve commercial tasks. This will be good for marketing and drive more public attention.

3. Payments for the provided computing power, not a task
Instead of estimating the task itself by several parameters (which, for example, Golem does), Prometheus will take rely on computing power itself as an object of assessment. This will exclude the possible negative influence of certain task parameters, such as "timeout," when the task may remain unsolved.

When the marketplace object is a task, few possible outcomes are possible (for example: failed, timeout, rejected, accepted.) When the object of the marketplace is computing power, negative outcomes eliminated or even reduced totally. At the same time, the user only pays for the power he uses

Thanks for the elaborated answer. It would be better if you provide it in a tabular manner so that its easier for everyone to read.

[Kenyon59]

I  just came through your ANN thread and you look a lot like SONM. What is it that you are providing and SONM isn't?

1. Specific market pricing based on auction (not applied to Charity mission)

In Prometheus59, the so-called "marketplace" will have an auction element, which, in the event of a lack of capacity, will allow prioritizing the execution of tasks depending on the proposed payment (of course, prioritizing will not touch the Charity mission). This may be a win-win at the initial stages of development.

At the same time, if the price rises and there is a shortage of total computing power allocated for commercial tasks, the power providers will receive greater rewards proportionally to the amount of provided computing power.

Also, if there is a shortage of computing power in the network, a power renter (someone who needs computing power) can offer a higher price and thereby attract more users. In addition, users will be able to earn not only on the power provision but also on PoS. P59 will also have a task formalization system to process the maximum number of types of tasks suitable for distributed computing.

2. Specific way to determine payments for provided computing power

Payments will be formed depending on the total income of the system, but here is a fundamental nuance: all the resources allocated for Charity mission will be paid in the same way as resources used to solve commercial tasks. This will be good for marketing and drive more public attention.

3. Payments for the provided computing power, not a task
Instead of estimating the task itself by several parameters (which, for example, Golem does), Prometheus will take rely on computing power itself as an object of assessment. This will exclude the possible negative influence of certain task parameters, such as "timeout," when the task may remain unsolved.

When the marketplace object is a task, few possible outcomes are possible (for example: failed, timeout, rejected, accepted.) When the object of the marketplace is computing power, negative outcomes eliminated or even reduced totally. At the same time, the user only pays for the power he uses

Thanks for the elaborated answer. It would be better if you provide it in a tabular manner so that its easier for everyone to read.

That info will perhaps be included to one of the future updates in a more detailed and easy-to-perceive form.

[pinoycash]

How much money is possible to earn in bounties? Where's the detailed info?

There are 2 active bounties at the moment.

1) discord invite bounty: 0.3 P59 coins per each real user (no limit for invited users and no deadline; payments issued every 30 days starting from April 30; the main requirement is that invited users must be real people interested in crypto, not bots, fakes, etc).
2) twitter bounty: up to 8 P59 coins per repost (depends on the number of your followers).

Detailed information (discord link): https://discordapp.com/invite/HuddetG

With the amount of p59 coins given to bounty participants this will greatly devalue the coin. Without investors and adequate buy support for bounty workers coins then it will go down faster than expected.

[Goodvalony]

is there any bounty on this project. much is expected from masternode projects.i own a laptop. i don't know if i can join the masternode platform.

[Leila-P59]

is there any bounty on this project. much is expected from masternode projects.i own a laptop. i don't know if i can join the masternode platform.

1) Currently there are two bounty-campaigns now: invite and twitter bounties. The terms of participation are available in P59 Discord.

2) You can join the masternode platform from the laptop, downloading the proper OS version wallet, staking coins and setup the masternode.

[diakas]

I'll buy some coins, hope for a successful future

[MotionEmotion]

In the roadmap it is mentioned the beginning of development in the third quarter. Is it in plans to start the preparing works this quarter to make this process faster?

[Kenyon59]

In the roadmap it is mentioned the beginning of development in the third quarter. Is it in plans to start the preparing works this quarter to make this process faster?

Hello! Thank you for your question. Soon there'll be technical updates that will shed light on this. Subscribe to P59 Reddit and Medium not to miss these updates:

Medium: https://medium.com/@Prometheus59
Reddit: https://www.reddit.com/user/Prometheus_59

[FuryBeast]

In the roadmap it is mentioned the beginning of development in the third quarter. Is it in plans to start the preparing works this quarter to make this process faster?

Hello! Thank you for your question. Soon there'll be technical updates that will shed light on this. Subscribe to P59 Reddit and Medium not to miss these updates:

Medium: https://medium.com/@Prometheus59
Reddit: https://www.reddit.com/user/Prometheus_59

Looking forward to receiving that updates! i bet that will clarify a lot of questions about technology etc. There are many competitors, so Prometheus will have to either find its niche due to uniqueness or try to outperform bigger competitors somehow, possibly by its unique features.

[Kenyon59]

In the roadmap it is mentioned the beginning of development in the third quarter. Is it in plans to start the preparing works this quarter to make this process faster?

Hello! Thank you for your question. Soon there'll be technical updates that will shed light on this. Subscribe to P59 Reddit and Medium not to miss these updates:

Medium: https://medium.com/@Prometheus59
Reddit: https://www.reddit.com/user/Prometheus_59

Looking forward to receiving that updates! i bet that will clarify a lot of questions about technology etc. There are many competitors, so Prometheus will have to either find its niche due to uniqueness or try to outperform bigger competitors somehow, possibly by its unique features.

You can find a technical excerpt here in previous messages. A lot of good thing happening in marketing now. P59 has added about 10 instant/shared masternode services and crypto tracker, so it's now more convenient to monitor P59, its progress and statistics.

[FuryBeast]

Thank you. That really has something insightful.

[diakas]

Need a new exchange!