[ANN] KONJUNGATE (KONJ) Official Thread

[mastrokonj]

Just uploaded MAC OSX release of our new wallet:
https://github.com/Konjungate/Konjungate-Core/releases/download/1.0.3.6/Konjungate-Qt_macOS_v1.0.3.6.dmg

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[mastrokonj]

looks like there is an issue with the dynamic reward structure. coins will be payed back of course and get stored on our address..
DEV is working on a fix already!

[mastrokonj]

Hello! Progress update on the PoS fix, we have found some issues within blockparams.cpp, where the rewards are generated. For starters, dont work tired, or else  you'll think x / 17 is the same as (x * 17) / 100. So we have incorporated a patch for that and we'll have or toggle on an ntimestamp generated from fork.h.

Some of you who look at the Github will have noticed the 800+ files changed, we decided to use the best of this situation and push what we were saving for a future fork to now to try and give you guys some of the features we've been talking about, BVAC codes, new GUIs, encryption algorithms, obfuscation algorithms, etc. We've been very busy to say the least.

Finally, I would like to tell everyone that we are working on this PoS issue and that a resolution to the issue will be found soon, we've made the changes I mentioned above for blockparams.cpp for some testing which will either confirm our suspicions, or tell us to approach the issue from another angle (Tis' Nothing but some Development).

Thank you all for being so patient and understanding about the background process!

[cryptomaxsun]

There are no blocks on the network for 2 days.
What happened?

[mastrokonj]

There are no blocks on the network for 2 days.
What happened?

... last block generated 1min before...
https://chainz.cryptoid.info/konj/

We are nearly finished with the new release and will announce in here a.s.a.p.

[mastrokonj]

We thought it'd be a good idea to do an announcement on:
-Where we are in development
-What needs to be done
-Beta-Testing
-Set Backs, and how we plan to deal with them

First, is "Where we are in development"; as you all know, we are currently fixing a rewards issue, where PoS blocks are paying miners -217.37745097 KONJ, and as a result the check defined in main.cpp, which reads as follows:

       

Code:

 int64_t nCalculatedStakeReward = GetProofOfStakeReward(pindex->pprev, nCoinAge, nFees);
        if (nStakeReward > nCalculatedStakeReward){
                return DoS(100, error("ConnectBlock() : coinstake pays too much(actual=%d vs calculated=%d)", nStakeReward, nCalculatedStakeReward));
        }

It's a check that pretty much means "If the PoS reward wasn't what I was expecting, I'll record the fact that it didn't meet those expectations, but as a result I won't permit anyone to sync to these blocks, now will I allow miners to move a Proof of Work block". This check has been taken into account for the sake of beta testing.
So, in short PoS rewards are negative, and people can't move a PoW block. Not exactly a position that people would find favorable, as a result we've put all development of features on halt to focus on restoring the "health" of the chain. As a result of this, as well as the realization of the consumption of Power from miners, PoW rewards will cease on block 700,000. This is to make the chain more green. There will also be an announced fork time where all the rewards will fix itself. On top of this, there will be a feature implemented as to where the winners of the blocks with negative PoS values will be credited the coins they should have gotten. If this approach doesn't work, there is the contingency of simply paying everyone the amount they have lost from the DevOps wallet. On top of this, we've also found out that the DevOps address in chainparams.cpp isn't the real one, so we've fixed that. Now, on to the next topic.
There are a few things left to be done, as we've pretty much covered a majority of it to date, thanks to @pepsinside who wrote the functions in blockparams.cpp to change the blockrewards appropriately, to the following:

https://cdn.discordapp.com/attachments/574602574469005331/840430211120234536/KonjRewardsCumul.png

The code should be applied after nPaymentUpdate4, which will be defined in fork.h, which will be announced before the final release of the patched wallet. On top of this, there is the matter of the large CPU resources required for the wallet, we will clean up the source at a later date, as right now we're pretty much in a state of emergency to get this fix out. Be on the lookout for programming streams where we'll be addressing the CPU issues and some other issues live. Now for Beta-testing, set backs, and how we've been dealing with them.

Right now, the majority of the required code has been finished, it's just getting the wallet to not crash, which for some reason has begun happening after compilation of newer clients. We've been talking to some other developers on why it might be happening, so we'll definitely get that sorted within 24 or 48 hours of this announcement. So, expect to see a few beta releases on the https://github.com/Konjungate/Konjungate-Core GitHub. If you'd like to help us beta test these wallets, please let us know, we will be more than happy to role you. We'll need all the help we can get. Don't worry, we'll get everyone rolling

[mastrokonj]

Just a quick update on what's going on in development ...
We are doing final tests today and are expecting the new wallet shortly afterwards.

[mastrokonj]

We are pleased to announce that we can offer the first official prize for philanthropic projects dealing with blockchain technology as part of the Austrian Blockchain Awards.

This prize is awarded to outstanding blockchain projects that stand out due to their sustainable business model, practicality and disruptive application possibilities.

With the “Smart Philanthropy” prize, special attention is paid to projects that use blockchain technology to cope with societal challenges.

The future viability of our society depends largely on the extent to which technological change can be integrated in a beneficial way for the common good.

Seldom before has philanthropy been able to position itself better for the future with a technological advantage in order to bring added value to society.

The invitation to submit is aimed at outstanding projects and initiatives from sustainability, climate, education, culture and art, which courageously dedicate themselves to the focal points of sustainable and future-oriented change with decentralized technologies.

The special price is provided by Caliber Consult GmbH, partner of KONJUNGATE - the art based blockchain and wendy.network. The award is endowed with 2,750,000 KONJ. That corresponds to a masternode from KONJUNGATE and at the time of sending a sum of 6,500 euros.

Submissions by May 28, 2021 at www.blockchainaward.at

Press Text (in german) : https://www.ots.at/presseaussendung/OTS_20210514_OTS0017/austrian-blockchain-award-erstmals-sonderpreis-smart-philanthropy

[mastrokonj]

Hello, just wanted to let ask you guys to please use only our links and not the links of scammers, KONJ is a blockchain, meaning that if a scammer were to convince a majority of the network to use their wallet, they can effectively control the network, setting awards to whatever they please and sending them to wherever they please.

Please trust only our links, posted here in https://github.com/Konjungate/Konjungate-Core

There will be an update on the new release of KONJ within 24 - 48 hours. This release is designed to resolve all the issues everyone is experiencing, and those with a wallet please take screenshots of your balance, so that we may compensate you for the negative PoS rewards.

[mastrokonj]

nice progress in the side chain development and we are proud to be part of it!
https://twitter.com/uunigate/status/1399636961174855680?s=20

[cryptomaxsun]

Where did the coins go when staking?

[TimeTeller]

Hello, just wanted to let ask you guys to please use only our links and not the links of scammers, KONJ is a blockchain, meaning that if a scammer were to convince a majority of the network to use their wallet, they can effectively control the network, setting awards to whatever they please and sending them to wherever they please.

Please trust only our links, posted here in https://github.com/Konjungate/Konjungate-Core

There will be an update on the new release of KONJ within 24 - 48 hours. This release is designed to resolve all the issues everyone is experiencing, and those with a wallet please take screenshots of your balance, so that we may compensate you for the negative PoS rewards.

Maybe the team can also disclose the links of those scammers, so we know they are the sites to be avoided.
Or has anyone here that has been screwed by those sites? They can post those sites so people are aware of their existence.
Also, are you going to explore your options in terms of another exchange listing? Maybe would be good for the coin to list this on another top CEX.

[mastrokonj]

Where did the coins go when staking?

https://i.imgur.com/1o2Z02I.jpg

Our Dev-Team is working on an automatic reimbursement for the negative rewards.
We are still running tests! Meanwhile please stop the staking in your wallet! thanks!!

[mastrokonj]

Hello, just wanted to let ask you guys to please use only our links and not the links of scammers, KONJ is a blockchain, meaning that if a scammer were to convince a majority of the network to use their wallet, they can effectively control the network, setting awards to whatever they please and sending them to wherever they please.

Please trust only our links, posted here in https://github.com/Konjungate/Konjungate-Core

There will be an update on the new release of KONJ within 24 - 48 hours. This release is designed to resolve all the issues everyone is experiencing, and those with a wallet please take screenshots of your balance, so that we may compensate you for the negative PoS rewards.

Maybe the team can also disclose the links of those scammers, so we know they are the sites to be avoided.
Or has anyone here that has been screwed by those sites? They can post those sites so people are aware of their existence.
Also, are you going to explore your options in terms of another exchange listing? Maybe would be good for the coin to list this on another top CEX.

We are not planing to list the coin on an new exchange till we have finished the NFT / Side Chain / Web3 solutions which is developed by another DEV Team right now... 

[mastrokonj]

ALL TESTS COMPLETED!

[mastrokonj]

We are glad to announce that all our tests are finally successful!
it was a long road and we will thanks @everyone to stay with us!

All of our development / tester team was working more ore less 24 hours last day. we will announce the new release  after some ZzZsZs....

[mastrokonj]

We have decided to phase out PoW in order to make our chain and subsequently our NFT, Web3 and Side Chain solutions "greener".

The last PoW block becomes block 700000.

In the future KONJUNGATE will lbe PoS / Masternodes only.

Energy-intensive mining will no longer be necessary.

This results in a hard fork on block 606060. We will shortly be releasing a new mandatory wallet.

[mastrokonj]

We are more than happy that we can finally announce the release of our new wallet!

Download Win here: https://github.com/Konjungate/Konjungate-Core/releases/download/1.1.6.2/Konjungate-qt.zip
MAC: https://github.com/Konjungate/Konjungate-Core/releases/download/1.1.6.2/Konjungate-Qt_macOS_v1.1.6.2.dmg

SnapShot for faster syncing can be found here: https://github.com/Konjungate/Konjungate-Core/releases/download/1.1.6.2/KONJ_SnapShot_Fork.zip


This update is mandatory, hence you have to change to the new wallet asap as the fork has already happened!

The release include the end of PoW on block 700,000 and will enable our new reward structure shown in the attached image. We have also revised the GUI and prepared it for the further development of our side chain solution. In addition to NFTs and Smart Contracts, this will also enable Web3 and sAPPs solutions. As part of the UUNIGATE community, our chain will then be able to communicate with all the alt coins involved. It’s even possible to “Whitelist” ETH and BSC and other network contracts we deem viable and safe for our users to interact with and allow them to join our fractal ecosystem More about this in a separate announcement.

The refund of the negative PoS rewards will be made one block at a time. Each block after the fork will contains the reimbursement for one block. So it will take around 75,000 blocks to complete the refund. You will get payed back 346.12745097 for each negative reward.

UUNIGATE twitter: https://twitter.com/uunigate

And a actual block explorer can be found here:
https://openchains.info/coin/konjungate/blocks

All Exchanges are updating the wallet! Please do not send Coins at the moment. We will announce the updated exchanges soon!

For those how want to keep their old conf file, here are the addnodes:

addnode=159.89.18.103
addnode=159.89.18.103:19417
addnode=51.68.175.13
addnode=51.68.175.13:19417
addnode=139.99.239.62
addnode=139.99.239.62:19417
addnode=51.195.42.49
addnode=51.195.42.49:19417

[mastrokonj]

We are happy to announce our new release: Konjungate V1.1.6.3

-CPU issue resolved
-Reward structure overhaul
-Fixed connect block issue

Windows:
https://github.com/Konjungate/Konjungate-Core/releases/download/V1.1.6.3/Konjungate-Qt5.15.2_Win32_V1.1.6.3.zip

Source Code:
https://github.com/Konjungate/Konjungate-Core/archive/refs/tags/V1.1.6.3.tar.gz

As always Mac Version coming soon!

I will make an announcement, when the exchanges updated there wallets.

[mastrokonj]

just wanna inform you, that we past block 700000.
Hence POW is history on our blockchain.
From now on KONJUNGATE is POS/MN only.