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Author Topic: [JBS] Jumbucks - No IPO/ICO - Proof of Stake - Slack - DCR Stake Pool - 2+ Years  (Read 47890 times)
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systh
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May 16, 2016, 08:36:46 AM
 #141

Hi,

I'm maintaining Cryptocoins – the most complete vector/webfont cryptocurrency icon pack; just released a new update (2.0) including Jumbucks!


Hope you won't mind me posting here (other communities appreciate it).
If you like the work, tip me crypto and support further development:

JBS: Je9zzn91nQfknsHjqmdytsQYtXGqLny1YU
BTC: 1Aqbc5M4Wt5KiZK5mq7VzQ4gWJKJGUufpW

Cheers!
~ Allien

SNOVio – Decentralized Lead Generation  |   Telegram  |   Facebook
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jyap
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May 19, 2016, 05:40:59 AM
 #142

Hi,

I'm maintaining Cryptocoins – the most complete vector/webfont cryptocurrency icon pack; just released a new update (2.0) including Jumbucks!


Hope you won't mind me posting here (other communities appreciate it).
If you like the work, tip me crypto and support further development:

JBS: Je9zzn91nQfknsHjqmdytsQYtXGqLny1YU
BTC: 1Aqbc5M4Wt5KiZK5mq7VzQ4gWJKJGUufpW

Cheers!
~ Allien

Thank you Allien!

Just tipped you 50 JBS.

https://chainz.cryptoid.info/jbs/tx.dws?75c6b703d5b62b74bbddf9cfa1e2304c085adc574473ca1a59e341df5cf8f204.html

systh
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May 19, 2016, 09:04:48 AM
 #143


Thanks much, appreciated!

SNOVio – Decentralized Lead Generation  |   Telegram  |   Facebook
jyap
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June 08, 2016, 01:47:47 AM
 #144

Something I want to announce is that myself and @cryptokrill are in charge of one of the official Decred stake pools (there will only be a maximum of 10) which we will be launching shortly.

The TLDR is that the stake pool allows you to stake DCR without having your laptop/PC on 24/7 as Decred staking works more on a lottery type system where you buy tickets. Official stake pools are also required to run multiple voting servers which incurs a monthly cost.

The work that the Decred team has done to get the multisig cold staking, stake pools and stake pools with fees working is really impressive.

Most of the current stake pools have launched with either a straight 5% or 7.5% fee for the tickets but I want to change it up a bit so that it benefits JBS holders.

Here is the proposal.

The fee will be advertised as 8% publicly. 4% will be allocated for pool maintenance and server costs. 2% will be allocated to a JBS development fund. 2% will be for JBS market buys which will be rewarded back to stake pool users periodically.

This will make the pool competitive in fees and the cheapest in terms of straight pool maintenance and server costs. The overall changes will also help the JBS ecosystem with rewards to users and stimulated market activity.

jyap
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June 08, 2016, 09:02:08 AM
 #145

Here are some more details related to the Decred Proof of Stake pool and potential payouts mentioned in Slack.

[6:48 PM] 
saintgermaine: sounds great @julian could you help quantify the impact.. like put the expected numbers this might generate for jbs dev fund and market buys..as for the market buys how often will that happen? I dont really understand pools very well so wondering how often they process...i guess in summary im asking if you can explain a bit more but keep it simple?

[7:56 PM] 
julian: .. i'll run some numbers now

a bit of this terminology takes some explaining. to use the pool you are paying fees from your reward

currently the PoS reward is around 1.8 per staked vote. this slowly declines over time over a reward curve... but it will be around 1.7 to 1.8 for a while.

so in a PoS pool if you pay a 10% fee:
1.8 DCR * 0.1 = 0.18 DCR fee

on the lower end, if no one buys tickets or uses the pool, obviously that means 0 market buys, 0 payouts.

(screen shot of current pools and stats)

here are the numbers from the current pools for comparison

pools are relatively new, so numbers will definitely rise across the board

so we are also required to be capped at 5% of all live tickets. that's so that pools have a balance.

[8:03 PM] 
saintgermaine: so your hoping to get jbs hodlers to be decred miners/stakers so that the 8% fee is similar to other pools but the addedd benefits is a percentage of the *% goesback into JBS..?

[8:03 PM] 
julian: yes

i'll run max numbers based on 5%.. one second

[8:04 PM] 
saintgermaine: sounds like a winner

[8:04 PM] 
julian: essentially i try and build a win win situation for all

and previously we had a PoW multipool but yeah micah stopped running it

but this DCR PoS mining pool should be self sustaining

ok, so there are 5 minute block times. and 5 votes per block.

12 blocks per hour

12 blocks * 24 hours * 5 votes = 1440 votes per day

"These pools will be soft-capped at 5% of the stake tickets each" OK, yeah, it's 5%

so 5% of 1440.0 is 72 voted tickets a day

72 voted * 1.8 reward * 0.08 (8 percent) = 10.368 DCR max fees collected

2.592 DCR would be max buy back per day

[8:11 PM] 
saintgermaine: :grinning:

[8:12 PM] 
julian: so max buy back would be around $4.17312 per day based on current DCR price of $1.61 per DCR

.. so that also depends on the price of DCR.

(screen shot of DCR historical price)

but DCR USD price has been pretty steady

[8:15 PM] 
saintgermaine: thx jyap for info

[8:15 PM] 
julian: No problemo. but yeah payouts would be "periodically". i say that since i'd do them manually to begin with.

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June 12, 2016, 09:02:19 PM
 #146

Something I want to announce is that myself and @cryptokrill are in charge of one of the official Decred stake pools (there will only be a maximum of 10) which we will be launching shortly.

The TLDR is that the stake pool allows you to stake DCR without having your laptop/PC on 24/7 as Decred staking works more on a lottery type system where you buy tickets. Official stake pools are also required to run multiple voting servers which incurs a monthly cost.

The work that the Decred team has done to get the multisig cold staking, stake pools and stake pools with fees working is really impressive.

Most of the current stake pools have launched with either a straight 5% or 7.5% fee for the tickets but I want to change it up a bit so that it benefits JBS holders.

Here is the proposal.

The fee will be advertised as 8% publicly. 4% will be allocated for pool maintenance and server costs. 2% will be allocated to a JBS development fund. 2% will be for JBS market buys which will be rewarded back to stake pool users periodically.

This will make the pool competitive in fees and the cheapest in terms of straight pool maintenance and server costs. The overall changes will also help the JBS ecosystem with rewards to users and stimulated market activity.

http://dcrstakepool.getjumbucks.com

The Decred stake pool is now live. I am going to make another tab so people can add their JBS address if they want payments. You can use it perfectly fine for now.  Happy DCR staking!


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June 13, 2016, 06:06:38 AM
 #147

Good time of day. How to configure the wallet to get a coin in solo mode? Huh Huh Huh
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June 14, 2016, 09:05:32 AM
 #148

Hey guys,

3D printed a cool Jumbucks case for my raspberry pi:



Special thanks to @john over at jumbucks.slack.com for creating/adding the Jumbucks logo Smiley
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June 14, 2016, 09:34:39 AM
 #149

Hey guys,

3D printed a cool Jumbucks case for my raspberry pi:



Special thanks to @john over at jumbucks.slack.com for creating/adding the Jumbucks logo Smiley

Beautiful.

John says:

if you have a 3d printer you can print cases for rpi with the STLs here   

https://github.com/JohnHanks/mechanical/tree/master/Raspberry%20Pi

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June 14, 2016, 08:34:28 PM
 #150


Upcoming "Breakout Coin Team - Breakout Coin live AMA on Jumbucks Slack".  Set your calendars:

http://www.timeanddate.com/worldclock/fixedtime.html?msg=Breakout+Coin+Team+-+Breakout+Coin+live+AMA+on+Jumbucks+Slack&iso=20160616T13&p1=224&ah=1

James the lead dev for the coin, Gian head of gaming and someone else from the team will be available.

Sign up to Jumbucks Slack for free: http://slack.getjumbucks.com


Here is a link to a previous AMA:

https://bitcointalk.org/index.php?topic=865169.msg12690457#msg12690457

Sign up to Jumbucks Slack here to be a part of a growing community of over 520 crypto enthusiasts and Jumbucks fans!

Follow @getjumbucks on Twitter for all the latest news and announcements!

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June 15, 2016, 09:25:37 AM
 #151

Hey Jumbuckers,

Quick question as Jumbucks is the only coin I really stake. Moving my staking wallet from one PC to another. Just moving the wallet.dat is all i need to do yea? I feel like im missing some coins since booting it back up after a few months offline from an old computer. Probably not but thought i should ask.

Thanks!
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June 17, 2016, 12:56:37 AM
 #152

Hey Jumbuckers,

Quick question as Jumbucks is the only coin I really stake. Moving my staking wallet from one PC to another. Just moving the wallet.dat is all i need to do yea? I feel like im missing some coins since booting it back up after a few months offline from an old computer. Probably not but thought i should ask.

Thanks!

The Wallet.Dat should be all you need.

I have moved my JBS wallet around a few times now and have never had an issue when just moving the wallet.dat
No missing coins or anything.

Maybe you have less than you remember Tongue
I am going to say that is a sign from the crypto overlords that you need to get more Tongue
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Hello! My name is litecamel. twitter.com/litecamel


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June 17, 2016, 06:42:51 AM
 #153

Looking good!  Wink
http://i.imgur.com/h7jEY37.png
jyap
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June 28, 2016, 04:59:18 AM
 #154



The Jumbucks Decred Stake Pool is currently the 4th ranked in terms of number of Live tickets.

Recently I've set up my local development environment so I can make some changes.

Currently on my list of TODO items for the pool:

  • Implement a Theme (just quickly for now to differentiate from the other pool)
  • Add in a tab to add a JBS address to receive payments back
  • Formally announce the stake pool in an email to the mailing list and other channels

Feel free to sign up and use the pool. If you need help buying tickets the #jumbucks channel in Slack is always helpful.

jyap
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June 29, 2016, 09:47:35 AM
 #155



The Jumbucks Decred Stake Pool is currently the 4th ranked in terms of number of Live tickets.

Recently I've set up my local development environment so I can make some changes.

Currently on my list of TODO items for the pool:

  • Implement a Theme (just quickly for now to differentiate from the other pool)
  • Add in a tab to add a JBS address to receive payments back
  • Formally announce the stake pool in an email to the mailing list and other channels

Feel free to sign up and use the pool. If you need help buying tickets the #jumbucks channel in Slack is always helpful.

just rethemed it

take a look and sign up!

mostly a quick retheme and changing some minor stuff

http://dcrstakepool.getjumbucks.com

samantadegrenet
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June 29, 2016, 10:01:09 AM
 #156

where we can buy this coin , any exchange?

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pugilist555
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Bank of Memories


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June 29, 2016, 10:44:00 AM
 #157

where we can buy this coin , any exchange?

Bittrex
https://bittrex.com/Market/Index?MarketName=BTC-JBS

Bank of Memories is a platform that allows you to store and encrypt information using cryptography, and also make it inherited using Blockchain technology. This allows you to grant access only to specific recipients
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July 03, 2016, 12:16:00 PM
 #158

The Jumbucks Decred Stake Pool is currently the 4th ranked in terms of number of Live tickets.

Recently I've set up my local development environment so I can make some changes.

Currently on my list of TODO items for the pool:

  • Implement a Theme (just quickly for now to differentiate from the other pool)
  • Add in a tab to add a JBS address to receive payments back
  • Formally announce the stake pool in an email to the mailing list and other channels

Feel free to sign up and use the pool. If you need help buying tickets the #jumbucks channel in Slack is always helpful.

just rethemed it

take a look and sign up!

mostly a quick retheme and changing some minor stuff

http://dcrstakepool.getjumbucks.com



This part just completed: Add in a tab to add a JBS address to receive payments back

If you are using the Jumbucks Decred Stake Pool, please add in your Jumbucks Address in the new tab. just coded it up tonight. see the screen shot above. thanks!

Also modified the header to a more blue gradient.

http://dcrstakepool.getjumbucks.com

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July 12, 2016, 05:36:17 PM
 #159

The Jumbucks Decred Stake Pool is currently the 4th ranked in terms of number of Live tickets.

Recently I've set up my local development environment so I can make some changes.

Currently on my list of TODO items for the pool:

  • Implement a Theme (just quickly for now to differentiate from the other pool)
  • Add in a tab to add a JBS address to receive payments back
  • Formally announce the stake pool in an email to the mailing list and other channels

Feel free to sign up and use the pool. If you need help buying tickets the #jumbucks channel in Slack is always helpful.

just rethemed it

take a look and sign up!

mostly a quick retheme and changing some minor stuff

http://dcrstakepool.getjumbucks.com



This part just completed: Add in a tab to add a JBS address to receive payments back

If you are using the Jumbucks Decred Stake Pool, please add in your Jumbucks Address in the new tab. just coded it up tonight. see the screen shot above. thanks!

Also modified the header to a more blue gradient.

http://dcrstakepool.getjumbucks.com


Thank you for this Jyap. Currently having some cool people in Slack help me out.
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July 14, 2016, 02:30:48 AM
 #160

Today I have set myself up with a Raspberry Pi 3 and 3.5" LCD Touchscreen so I can always see my JBS balance and stake Smiley

Thought I would share some pictures with you all.

http://i.imgur.com/hs0jnr3.jpg
Testing and setting things up. hardest part was LCD drivers, but was quick and easy to get running.

http://i.imgur.com/aDvFTjU.png
Running the wallet Smiley
Staking works perfectly.

Wallet is easy to set up on a rPi with the provided rPi wallet files from the main post.

Set up costs:
Raspberry Pi 3 Model B
Heatsinks x2
Case to fit LCD
3.5" LCD TouchScreen
16GB SD Card
Adapter and Cable (Not the same cable as the pictures)

The above was brought as a whole kit from Aliexpress for just over $65 USD.
rPi is original and came in original factory sealed box. LCD is Chinese but was provided with 'drivers' from Waveshare.
Set up to get the LCD displaying and reacting to touch took under 10 minutes, just a few simple commands and a restart.

I messaged the Aliexpress seller and was provided with a recent link to download the latest files and a simple install guide.

I did spend a few hours looking for the drivers my self but ended up giving up. There is a LOT of variations of the 3.5" Touch Screen so I recommend you get drivers direct from the seller should you want to set one of these up for yourself.

Well worth it IMO. Looks awesome too Smiley

JBS-4-LIFE
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