Topic: [ANN] [B3] B3Coin | POS/POD | Self Moderated Thread - page 4. (Read 23174 times)
Looking forward to the the development of the project
KB3 has good community. It's very, very important thing.
I hope kb3 will increase and will surprise!
I hope kb3 will increase and will surprise!
Is this coin alive?
How to calculate the percentage of PoS?
How to calculate the percentage of PoS?
The coin is alive. There are recordings of the bi-weekly community meetings on the discord (https://discord.gg/aZkBvRw) as well as posted on Jim Hopper's YouTube channel (https://www.youtube.com/channel/UC4r1kfFZ6rezVwAWj0mnaXA) where you can catch up on what the Team is doing.
As far as the staking rate, at present the rate is 20% annual, which is shared (60/40) with the FNs ... so the effective rate without compounding is 8% annual. If you have any questions on how to stake, you can find info on the discord - wallet FAQ channel.
Is this coin alive?
How to calculate the percentage of PoS?
How to calculate the percentage of PoS?
I hope this project gets a great profit!
Apperceptive website, irreproachable job, engaging results!
Apperceptive website, irreproachable job, engaging results!
Under development...
www.b3-coin.com
Feel free to PM me if you you have any comments, suggestions, requests, ideas etc.......
www.b3-coin.com
Feel free to PM me if you you have any comments, suggestions, requests, ideas etc.......
Recording of today's (June 13, 2018) community meeting is up ...
https://www.youtube.com/watch?v=57JhDloA3vw
https://www.youtube.com/watch?v=57JhDloA3vw
is this coin death or what ? i paid 500$ for B3 and now the KB3 worth 24$ ?! biggest scam in crypto
I find it interesting how the word scam used to mean someone stealing your money, but now seems to mean something losing value. I bought a house a number of years ago that shortly became worth less than what I paid for it, but I never thought that the real estate agents involved or the sellers had "scammed" me ... and by the way, the house is now worth quite a bit more than I paid for it.
As far as B3 Coin is concerned, there have been missteps in its history, but there is a new team working on developing it now and has been for the last 3 months. Their progress can be mapped through the recordings of the community voice meetings the team leads, Habaner0 and Kdog hold every other Wednesday. The next one is on May 2nd at 9 pm GMT. Come and listen and ask whatever questions you have directly to the two people most likely to be able to answer them. If you can't attend, post your questions here by Monday April 30th and I will add them to a question sheet they address at the meeting.
THX for your help :-)
I´ll try as you suggested
I´ll try as you suggested
hello,
I´m with B3 since the early days. Last months I was abroad and lost track. It is great to see that there is that much development at the moment.
Thx for that
I still have my old wallet of the end of 2017. This coins are still valid? was there some swap?
THX
I´m with B3 since the early days. Last months I was abroad and lost track. It is great to see that there is that much development at the moment.
Thx for that
I still have my old wallet of the end of 2017. This coins are still valid? was there some swap?
THX
You should update the wallet. Always a good idea with all crypto is to keep the most current wallet, but especially with developing coins as changes in the wallet code can leave you on dead chains if you don't update.
No actual swap, just a notation thing, like IOTA did. Most everywhere you look, and all the exchanges are now showing B3 coin as kB3 - which is a block of 1000 B3. When you get the new wallet, you will be able to set the display (settings - options - display) to show either B3 or kB3, whichever you like, but again - remember CMC and blockchain explorer and all the exchanges are displaying in kB3 now.
To update your wallet -
1) Backup your old wallet.
2) Download the version appropriate to your operating system (https://github.com/B3-Coin/B3-CoinV2/releases/latest).
3) Close your old wallet.
4) Go to your B3-CoinV2 folder. (depending on your operating system) –
a) Windows - type %appdata% in Search Box (bottom left side of your screen - next to windows logo)
b) Mac - On the Finder Tab, go to the Menu Bar (Top Left of your MAC Screen) and click on the Go menu. Open the Go to Folder menu (short command – cmd+shift+G) and type in ~/Library/Application Support/B3-CoinV2
c) Linux - (~/.B3-CoinV2/)
5) Delete all files EXCEPT your wallet.dat file
6) Run the file you just downloaded in step 2
7) Launch your new wallet and let it sync (this could take some time).
Don’t forget to update any shortcuts you have to your old wallet.
Note for FN Wallets - Please ensure you run fundamentalnode start to start your FN after wallet syncs
... as always, you can get help on the Discord - Wallet-Help channel ... https://discord.gg/umES69M
Good luck in your crypto adventures!
hello,
I´m with B3 since the early days. Last months I was abroad and lost track. It is great to see that there is that much development at the moment.
Thx for that
I still have my old wallet of the end of 2017. This coins are still valid? was there some swap?
THX
I´m with B3 since the early days. Last months I was abroad and lost track. It is great to see that there is that much development at the moment.
Thx for that
I still have my old wallet of the end of 2017. This coins are still valid? was there some swap?
THX
You will need to update your wallet to the latest version 3.1.2.2 and sync from scratch or from the bootstrap on the github page https://github.com/B3-Coin/B3-CoinV2/releases
Your coins should be safe but any staked coins may not be. The best way to confirm your actual balance is to check your addresses in the explorer https://chainz.cryptoid.info/b3/
Remember to check all of your receiving addresses. If you have any trouble there is plenty of help/experience on the B3 Discord https://discordapp.com/invite/ARpuv79
Good luck!
hello,
I´m with B3 since the early days. Last months I was abroad and lost track. It is great to see that there is that much development at the moment.
Thx for that
I still have my old wallet of the end of 2017. This coins are still valid? was there some swap?
THX
I´m with B3 since the early days. Last months I was abroad and lost track. It is great to see that there is that much development at the moment.
Thx for that
I still have my old wallet of the end of 2017. This coins are still valid? was there some swap?
THX
Any white paper on “proof of disintegration “?
The new Team inherited many things with this coin when they began to build a development and support organization around the creator and main dev Joshafest three months ago. One of these things was the lack of a white paper. A short explanation for this was there was never an ICO, and never a perceived need to explain the tech to anyone as this was more of a passion project to Josh.
Since they began with the coin, Kdog, Habaner0 and the rest of the current team have been correcting miss-steps, bringing in help to assist in under staffed areas of development, and codifying the scope of what Josh has in mind with the focus most recently of updating the roadmap to a more accurate indicator of the coins direction (around the end of this month), and producing a detailed and comprehensive white paper (by the end of May).
Thanks for this !
is there MN for b3
The B3 Coin version of a master node is called a Fundamental Node and while it performs much the same function for the B3 network as a master node would, it differs in on main factor, and that is Proof of Disintegration. In the more usual Proof of Burn methods, coins are only locked away in a wallet ... still existing on the blockchain where at some point in the future, either through malicious intent or error they might be unlocked and released back into circulation. Proof of Disintegration (PoD) is an innovative method of reducing a coins supply by completely removing coins from the blockchain - they are gone forever.
When you buy a Fundamental Node, the fee (15,000 kB3) is disintegrated.
For more information on the process involved in creating a B3 Coin Fundamental Node, come to the Discord - FN Discussion channel and read through the prepaired material and ask questions of the B3 Team Technical Support people as well as other helpful community members.
https://discord.gg/z57Bmgx
This is the first time that I've heard of Proof of Disintegration. It is quite an interesting concept and seeing it being applied in a Masternode, in which, turned it into Fundamental Node provide utmost curiosity for myself.
That is indeed an innovative take on the ever growing supply of B3coin. I just would like to ask if the Fundamental Node is still providing reward just like a normal Masternode would do? Other than the PoD that it implements, what are the major difference compared to other typical Master Nodes?
Well, first, yes FNs do provide reward for creation/operation. B3 Coin is a Proof of Stake coin. A wallet containing coins that is unlocked for staking generates a return (the larger the balance in the wallet, the sooner its chances of generating a reward). That reward is shared with one of the FNs in the FN queue - 40% going to the staking wallet,and 60% going to the FN - then that FN goes to the end of the queue, and the next FN is up. The staking rate is currently 20% annual, although, while staking rewards are pretty easy to calculate, the reward the FN receives is based on what staking wallet it happens to pair with (to get an idea of the rewards you can check out this list http://107.173.250.118:8080/FN_Rewards). How often you get an FN reward is determined by how many FNs there are (presently a little over 1300) and how often blocks are generated (about 240/day)
As far as the major difference with conventional master nodes, it would probably be that Fundamental Nodes disintegrate the coins used to create them, which means you have it forever, and make it more of a long term investment. Conventional master nodes require that the coins used to create be only locked away, and can be unlocked and shut down at the discretion of the owner.
Hey, thanks for the detailed explanation. It really provided the information that I need and answered the questions in my mind. My thought regarding FN is correct and in line with what you said and is further explained by the technicalities that you provided in your reply. Looking forward in creating my own FN in the future. I'm quite fascinated by the conventional MNs and have setup several of them in the past. Will likely to setup one for FN. I'll assume that all information needed for to do that is located in their discord channel, right?
Yes, in the Discord - B3 F Node Help channel there are pinned documents detailing setup in a number of situations, and that is where you can get answers to specific questions that might arise, not only from the B3 Team Technical Specialists, but also from all the very helpful community FN holders who hang out there.
Good luck in all your crypto endeavors!
Roadmap and Whitepaper UPDATE
We are aware that we had previously committed to supplying the roadmap around the end of April. However, an interesting possibility has came up late last week that we are exploring further, which would not only restructure but also enhance our roadmap greatly. Thus, we need to do some due diligence around this, and we need to spend some more time working through it. We believe the entire community will be as excited as we are right now, entertaining this opportunity.
While we want to be able to supply an updated date for both the roadmap and the whitepaper as quickly as possible, we need to work through some more details. We will provide either more information or updated dates when we are able to do so with confidence.
Please know we continue to be heads-down working on the coin and its future. Thank you for your support. We will continue to update everyone on this as events unfold.
Kind Regards,
B3 Team
Thanks We are aware that we had previously committed to supplying the roadmap around the end of April. However, an interesting possibility has came up late last week that we are exploring further, which would not only restructure but also enhance our roadmap greatly. Thus, we need to do some due diligence around this, and we need to spend some more time working through it. We believe the entire community will be as excited as we are right now, entertaining this opportunity.
While we want to be able to supply an updated date for both the roadmap and the whitepaper as quickly as possible, we need to work through some more details. We will provide either more information or updated dates when we are able to do so with confidence.
Please know we continue to be heads-down working on the coin and its future. Thank you for your support. We will continue to update everyone on this as events unfold.
Kind Regards,
B3 Team
B3Coin project has a good potential, because this project is unusual and interesting for most people, I'm still following the development of B3Coin .
is there MN for b3
The B3 Coin version of a master node is called a Fundamental Node and while it performs much the same function for the B3 network as a master node would, it differs in on main factor, and that is Proof of Disintegration. In the more usual Proof of Burn methods, coins are only locked away in a wallet ... still existing on the blockchain where at some point in the future, either through malicious intent or error they might be unlocked and released back into circulation. Proof of Disintegration (PoD) is an innovative method of reducing a coins supply by completely removing coins from the blockchain - they are gone forever.
When you buy a Fundamental Node, the fee (15,000 kB3) is disintegrated.
For more information on the process involved in creating a B3 Coin Fundamental Node, come to the Discord - FN Discussion channel and read through the prepaired material and ask questions of the B3 Team Technical Support people as well as other helpful community members.
https://discord.gg/z57Bmgx
This is the first time that I've heard of Proof of Disintegration. It is quite an interesting concept and seeing it being applied in a Masternode, in which, turned it into Fundamental Node provide utmost curiosity for myself.
That is indeed an innovative take on the ever growing supply of B3coin. I just would like to ask if the Fundamental Node is still providing reward just like a normal Masternode would do? Other than the PoD that it implements, what are the major difference compared to other typical Master Nodes?
Well, first, yes FNs do provide reward for creation/operation. B3 Coin is a Proof of Stake coin. A wallet containing coins that is unlocked for staking generates a return (the larger the balance in the wallet, the sooner its chances of generating a reward). That reward is shared with one of the FNs in the FN queue - 40% going to the staking wallet,and 60% going to the FN - then that FN goes to the end of the queue, and the next FN is up. The staking rate is currently 20% annual, although, while staking rewards are pretty easy to calculate, the reward the FN receives is based on what staking wallet it happens to pair with (to get an idea of the rewards you can check out this list http://107.173.250.118:8080/FN_Rewards). How often you get an FN reward is determined by how many FNs there are (presently a little over 1300) and how often blocks are generated (about 240/day)
As far as the major difference with conventional master nodes, it would probably be that Fundamental Nodes disintegrate the coins used to create them, which means you have it forever, and make it more of a long term investment. Conventional master nodes require that the coins used to create be only locked away, and can be unlocked and shut down at the discretion of the owner.
I've been working on an Explorer for B3 Coin. I'm looking for a volunteer or two to try it out and give me some feedback.
Anyone interested? Would be much appreciated
Richie
Anyone interested? Would be much appreciated
Richie
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