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Topic: [*] 8BIT [Dark Masternodes][Anon][Roadmap Stage 4] - page 65. (Read 379550 times)

hero member
Activity: 2114
Merit: 618

So what's the deal? Is it safe to buy from Cryptopia now, or are they on the wrong chain. Assuming the right chain matches the node0X.8-bit.ga nodes mentioned a few pages back?

The coins you buy will be lost because of this?
Don't worry about it.



If, but, I buy 150 8bits to mount a node and still have not reached my wallet for 12 hours in cryptopia, then tell me what is the correct configuration of the 8bit.conf file? What are the nodes that need to be connected to get the coins? I need an answer. Thank you
legendary
Activity: 1036
Merit: 1000
8b 16b DEMOSCENE FTW

So what's the deal? Is it safe to buy from Cryptopia now, or are they on the wrong chain. Assuming the right chain matches the node0X.8-bit.ga nodes mentioned a few pages back?

The coins you buy will be lost because of this?
Don't worry about it.

legendary
Activity: 1036
Merit: 1000
8b 16b DEMOSCENE FTW
I still believe the official seednodes and BE should be re-synched to the fork Cryptopia is using, so Bittrex could sync to the longest chain too.

Though I understand developers position expressed few posts back, I believe if we abandon the fork used by Cryptopia now (after this burst of activity), we could end up with huge debt to Cryptopia (which we wont be able to cover). Cryptopia is the main exchange now, and we should please it. Sticking to short fork will create issues, and looks like i has not visible benefits for anyone. At least I believe so. Sure dev and community should decide.

But it looks like after the activity we had on Cryptopia, sticking to the short chain could create big problems with our only exchange, and I don't see any advantage in doing so... I am open to any decision, but we need to be wise here.

As I said... I am not gonna enforce my proceedings anyhow. Unfortunately (for me) I have a mixed feelings about the actions we (me and my strong supporters) do for Bittrex, but I am not gonna elaborate on it at this time. Everything is open here and my experience (here) tells me that refunding any party (Bittrex / Cryptopia) should not be a problem (besides I doubt we talk about crazy amounts).

member
Activity: 129
Merit: 10
Will only restart, too many problems
hero member
Activity: 2114
Merit: 618

[...]

I see your point and value the insight provided by you (though not all the arguments seem valid/clear to me, but it is an interesting technical discussion, which we could carry elsewhere, if we want to). But it looks like after the activity we had on Cryptopia, sticking to the short chain could create big problems with our only exchange, and I don't see any advantage in doing so... I am open to any decision, but we need to be wise here.

So what's the deal? Is it safe to buy from Cryptopia now, or are they on the wrong chain. Assuming the right chain matches the node0X.8-bit.ga nodes mentioned a few pages back?

The coins you buy will be lost because of this?
full member
Activity: 263
Merit: 101
La Liberté guidant le peuple
Does anybody know how many masternods are runing at the moment? Where I can find new statistic?
Website has very old info from Nov 2015.
http://www.8-bit.ga/#masternodes
Did you read my message? Website has old statistic. This chart has lust update on Nov 2015.
full member
Activity: 147
Merit: 100

[...]

I see your point and value the insight provided by you (though not all the arguments seem valid/clear to me, but it is an interesting technical discussion, which we could carry elsewhere, if we want to). But it looks like after the activity we had on Cryptopia, sticking to the short chain could create big problems with our only exchange, and I don't see any advantage in doing so... I am open to any decision, but we need to be wise here.

So what's the deal? Is it safe to buy from Cryptopia now, or are they on the wrong chain. Assuming the right chain matches the node0X.8-bit.ga nodes mentioned a few pages back?
newbie
Activity: 27
Merit: 0
Can anyone please list the steps on how to create a masternode. Been trying all day but no luck.
legendary
Activity: 2576
Merit: 1073
What makes you think so...? If Bittrex is on the right chain
Because they are connected to the public seed nodes and those seed nodes broadcast this chain to them.

why the blocks there are delayed so much (last block received  more than 10 hours ago!).
They are at different block (not this one displayed) because their wallet is disabled. So actually you do not know at which block they are. I was also thinking about moving my coins from the cold wallet to staking wallet, but amount I own is too small to speed things up. However, all those things are not essential here.

Here are the numbers according to what is shown on respective websites right now:
Bittrex (https://bittrex.com/Status) - is on block 968423
Cryptopia (https://www.cryptopia.co.nz/CoinInfo) - is on block 971352
That's why I said that if Cryptopia will lose a single coin a single coin on rolling back we, as community, will refund it. It's Bittrex delisting us at the moment so I am trying to make sure no one will lose his coins when they will remove the wallet. Thus my goal is to let people withdraw their coins as soon as possible.

Bittrex is about 3000 blocks behind!
As we all know, the right chain is the longest chain, this is the golden rule of crypto, isn't it?
I guess you should contact Vitalik Buterin, maintainer of 2nd (market cap) cryptocurrency and talk to him about golden rules of crypto...
The sad facts are:
- no one cares about golden rules
- repo owners define checkpoints, so developers overcome golden rules
- check point servers overcome golden rules
- if golden rule had been decider then most of alts would have had to die within few weeks after start, that's why people follow devs, not the chain
- if golden rule had been decider then 8BIT would have had to die several times because of the multiple forks
- weakness of 8BIT code making it unable (or taking ages) to reconnect bigger amount of blocks is actually an advantage since it prevents 51% attack, this is a serious golden rule violation but provides extra safety as long as use this code (while I have announced that this code should be replaced with a fresh code base - so this violation is temporary thing - not a standard)

My masternodes are on the same chain as Cryptopia, they have 14 and 36 connections respectively, and chain moves fast, just as it should. So I assume the majority of the network is on the longest chain too.
Feel free to take over Bittrex wallet/chain recovery process, I have no a single coin there (my 8BITs have been withdrawn in 2015) so I am not taking any benefits here and therefore not gonna enforce my actions.

Finally, when we talk about PoS-coins especially with often diff adjustment, the golden rule meets a serious trouble. Let's assume higher minting power becomes delayed or stopped or just disconnected from the most of nodes for some reason. Also, once disconnected does not produce blocks for some short period. Meanwhile, smaller power keeps minting and the chain continues. Because we often adjust diff, then the smaller power quickly starts to produce blocks in designed time. At the end of the day we can have two chains - longer one with much smaller minting power and shorter one with much higher one... And because bigger power operates on much higher diff it will never catch it up.

It is not possible in Bitcoin as diff there is adjusted every 2000+ blocks (also adjustment is limited), so smaller power is not able to catch up the bigger one. But with all those typical PoS alts with insignificant number of staking nodes it's actually extremely easy.


I see your point and value the insight provided by you (though not all the arguments seem valid/clear to me, but it is an interesting technical discussion, which we could carry elsewhere, if we want to). But it looks like after the activity we had on Cryptopia, sticking to the short chain could create big problems with our only exchange, and I don't see any advantage in doing so... I am open to any decision, but we need to be wise here.
legendary
Activity: 2576
Merit: 1073
Whats the deal with 8Bit's website and downloads?

Info is confusing and spread across multiple sites

Been trying for days now to download the wallet, only source found is dropbox which doesnt work (always over limit)? why no legit github sources?

Things like this discourage potential adopters

would be nice to see some updates and organization with this coin - if it is to be taken seriously

The Guthub is here: https://github.com/8bit-dev/8bit and here: https://bitbucket.org/8bitcoin/8bit.git

Both should work. The Windows wallet is shared here in the thread multiple times. Search for "mega" in the thread, take the one posted by me. But I would strongly recommend using Linux for this coin (build from source).

As for the questions regarding the chain and explorer, I would leave them for the developer to address... Smiley I still believe the official seednodes and BE should be re-synched to the fork Cryptopia is using, so Bittrex could sync to the longest chain too. Though I understand developers position expressed few posts back, I believe if we abandon the fork used by Cryptopia now (after this burst of activity), we could end up with huge debt to Cryptopia (which we wont be able to cover). Cryptopia is the main exchange now, and we should please it. Sticking to short fork will create issues, and looks like i has not visible benefits for anyone. At least I believe so. Sure dev and community should decide.
newbie
Activity: 42
Merit: 0
Low Price masternode, it could interest me

all altCoin dump
newbie
Activity: 3
Merit: 0
Whats the deal with 8Bit's website and downloads?

Info is confusing and spread across multiple sites

Been trying for days now to download the wallet, only source found is dropbox which doesnt work (always over limit)? why no legit github sources?

Things like this discourage potential adopters

would be nice to see some updates and organization with this coin - if it is to be taken seriously
hero member
Activity: 2114
Merit: 618
Buy 8 hours ago 150 8 bits in cryptopia, and retire 6 hours ago, and according to the explorer the transaction does not exist, nor do the coins reach my wallet. Does anyone know why this happens?
full member
Activity: 147
Merit: 100
Hello guys.I have couple questions about this coin.What  did happen with original dev? Is there any development happening atm? Do you have any roadmap?How many coins are required for masternode?
newbie
Activity: 7
Merit: 0
So....is there a working wallet and explorer for this coin, or not?
http://www.8-bit.ga
newbie
Activity: 7
Merit: 0
Does anybody know how many masternods are runing at the moment? Where I can find new statistic?
Website has very old info from Nov 2015.
http://www.8-bit.ga/#masternodes
member
Activity: 107
Merit: 10
So....is there a working wallet and explorer for this coin, or not?
full member
Activity: 263
Merit: 101
La Liberté guidant le peuple
Does anybody know how many masternods are runing at the moment? Where I can find new statistic?
Website has very old info from Nov 2015.
hero member
Activity: 2114
Merit: 618
Low Price masternode, it could interest me

Cheap enough, grab a hundred bucks worth! Everybody deserves their own master node.

How many coins does a masternode earn per day?
newbie
Activity: 5
Merit: 0
Low Price masternode, it could interest me

Cheap enough, grab a hundred bucks worth! Everybody deserves their own master node.
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