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Topic: [ANN] ESSENTIA - The Decentralised User Becomes a Reality - page 11. (Read 40985 times)

jr. member
Activity: 322
Merit: 1

i think ess team should let us know about hardware specifications required to run supernode. i hope we can run supernode on a 5 usd vps.

That details on the hardware requirements will be available once its closer to the launch. Join the ANN channel so you won't miss an update. https://t.me/essentiaone
legendary
Activity: 1612
Merit: 1001

Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So for supernodes will be needed more coins than for masternode? As I know for mastenode people must have much more coins and must have more technical requiments (good VPS or dedicated servers etc.) while for supernode will be enough running on PC.
How many max supernodes will be running? Or amount of nodes will be unlimited?

You're probably talking from PAL or similar coin perspective, but this is ESS...it would be crazy to put more demand on masternode
owners, and then reward them only fraction of what supernodes get




Yes, Pal Network for example has supernodes and masternodes. For supernode needed 100k coins and for masternode 1 million. And Pchain for example have similar strategy.
But yes, I see now that masternode have less rewards in Essentia. But running supernode now cost only 70$, for masternode even less... and how many rewards people will get? And how much cost VPS or dedicated server? It will be not profitable even pay for server...

i think ess team should let us know about hardware specifications required to run supernode. i hope we can run supernode on a 5 usd vps.
jr. member
Activity: 406
Merit: 1

Check out Essentia's first video report where a leading software engineer dives into plans for the near future! https://www.youtube.com/watch?v=IEGaQecEe1U&feature=youtu.be
jr. member
Activity: 40
Merit: 12

Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So for supernodes will be needed more coins than for masternode? As I know for mastenode people must have much more coins and must have more technical requiments (good VPS or dedicated servers etc.) while for supernode will be enough running on PC.
How many max supernodes will be running? Or amount of nodes will be unlimited?

You're probably talking from PAL or similar coin perspective, but this is ESS...it would be crazy to put more demand on masternode
owners, and then reward them only fraction of what supernodes get




Yes, Pal Network for example has supernodes and masternodes. For supernode needed 100k coins and for masternode 1 million. And Pchain for example have similar strategy.
But yes, I see now that masternode have less rewards in Essentia. But running supernode now cost only 70$, for masternode even less... and how many rewards people will get? And how much cost VPS or dedicated server? It will be not profitable even pay for server...


Yeah, I assumed, that it won't be profitable to run a masternode, long ago, I even asked the team on a Reddit AMA if masternodes would be profitable, they said that they will be, idk how they are going to keep their promise
hero member
Activity: 1610
Merit: 508

Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So for supernodes will be needed more coins than for masternode? As I know for mastenode people must have much more coins and must have more technical requiments (good VPS or dedicated servers etc.) while for supernode will be enough running on PC.
How many max supernodes will be running? Or amount of nodes will be unlimited?

You're probably talking from PAL or similar coin perspective, but this is ESS...it would be crazy to put more demand on masternode
owners, and then reward them only fraction of what supernodes get




Yes, Pal Network for example has supernodes and masternodes. For supernode needed 100k coins and for masternode 1 million. And Pchain for example have similar strategy.
But yes, I see now that masternode have less rewards in Essentia. But running supernode now cost only 70$, for masternode even less... and how many rewards people will get? And how much cost VPS or dedicated server? It will be not profitable even pay for server...
sr. member
Activity: 2674
Merit: 328


Thanks for the breakdown. Though, your values are highly dependent on the price of BTC and ESS... $14.6 a year is actually huge compared to BTC mining right now - figuring a negative ROI Grin

Obviously, it would be for holding the rewards for better days.

"supernodes is that they'll be available for presale ICO buyers" - is this true? I'm not an ICO buyer...



Well, I did not calculated costs of running ESS masternode server, either.

As for supernodes been reserved for presale buyers, yes, that was last info, if
they don't change it later

Edit:

judging by AMA info from here:

https://medium.com/essentia_one/essentia-technical-ama-recap-cdba11c0124f

they're considering if its the best idea to keep it for presale buyers only
hero member
Activity: 1596
Merit: 534


Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So which will require more tokens to run? a master or super node?

100k is pretty cheap right now... I was expecting that to be the amount for the higher level node.
Would be great to have the team provide more details

Masternode IS lowest level


Also, cheap masternode means low rewards, too...probably less coins than cost of electricity


based on current price, and amount of coins put aside for node rewards, those coins are worth 51 BTC

Now, lets consider for a moment we spread those 51BTC over 1500 days, thats 0.034 BTC total daily reward

Lets for a moment forget about supernodes, 820 accounts have more than 100k ESS, so eligible for running MN

That equals about 4100 satoshis per day (15 cents) per masternode

All we know about supernodes is that they'll be available for presale ICO buyers, and supernodes will get 75% coins, masternodes will get 25%

So final daily reward for masternodes will be around 4 cents per day (or $14.6 per year)

Now we only need to know how much electricity is needed to run masternode


Thanks for the breakdown. Though, your values are highly dependent on the price of BTC and ESS... $14.6 a year is actually huge compared to BTC mining right now - figuring a negative ROI Grin

Obviously, it would be for holding the rewards for better days.

"supernodes is that they'll be available for presale ICO buyers" - is this true? I'm not an ICO buyer...
jr. member
Activity: 406
Merit: 1

Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So for supernodes will be needed more coins than for masternode? As I know for mastenode people must have much more coins and must have more technical requiments (good VPS or dedicated servers etc.) while for supernode will be enough running on PC.
How many max supernodes will be running? Or amount of nodes will be unlimited?

There will be more information released and documentation, make sure to stay tuned when more specific details are released regarding mainnet! Regarding the nodes, check out this article
sr. member
Activity: 2674
Merit: 328

Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So for supernodes will be needed more coins than for masternode? As I know for mastenode people must have much more coins and must have more technical requiments (good VPS or dedicated servers etc.) while for supernode will be enough running on PC.
How many max supernodes will be running? Or amount of nodes will be unlimited?

You're probably talking from PAL or similar coin perspective, but this is ESS...it would be crazy to put more demand on masternode
owners, and then reward them only fraction of what supernodes get


hero member
Activity: 1610
Merit: 508

Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So for supernodes will be needed more coins than for masternode? As I know for mastenode people must have much more coins and must have more technical requiments (good VPS or dedicated servers etc.) while for supernode will be enough running on PC.
How many max supernodes will be running? Or amount of nodes will be unlimited?
jr. member
Activity: 406
Merit: 1
If you haven't checked it out, the team gave their most recent weekly update here: https://t.co/RIXJFwu9rU
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network


Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So which will require more tokens to run? a master or super node?

100k is pretty cheap right now... I was expecting that to be the amount for the higher level node.
Would be great to have the team provide more details

At the time of the ICO, these were other amounts. The market can change this value, of course, if we have a ready product. Therefore, yes, today it is not significant. But...
sr. member
Activity: 2674
Merit: 328


Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So which will require more tokens to run? a master or super node?

100k is pretty cheap right now... I was expecting that to be the amount for the higher level node.
Would be great to have the team provide more details

Masternode IS lowest level


Also, cheap masternode means low rewards, too...probably less coins than cost of electricity


based on current price, and amount of coins put aside for node rewards, those coins are worth 51 BTC

Now, lets consider for a moment we spread those 51BTC over 1500 days, thats 0.034 BTC total daily reward

Lets for a moment forget about supernodes, 820 accounts have more than 100k ESS, so eligible for running MN

That equals about 4100 satoshis per day (15 cents) per masternode

All we know about supernodes is that they'll be available for presale ICO buyers, and supernodes will get 75% coins, masternodes will get 25%

So final daily reward for masternodes will be around 4 cents per day (or $14.6 per year)

Now we only need to know how much electricity is needed to run masternode
hero member
Activity: 1596
Merit: 534


Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress

So which will require more tokens to run? a master or super node?

100k is pretty cheap right now... I was expecting that to be the amount for the higher level node.
Would be great to have the team provide more details
jr. member
Activity: 406
Merit: 1


with lies they're stalling you


Probably another fraud is dealing with money.

Yes, with product releases the team is stalling, altay, at this point, it is clear you have some sort of vendetta, and you are just posting incoherent nonsense now, thankfully, the community see's this for what is, you've made 'your point' or at least what you believe is your point, and guess what; life and development of Essentia continues, I suppose when mainnet is released, this will also just be stalling  Roll Eyes


Masternode has 100k ESS requirement. May I refer you to this message regarding postpone.We will keep you updated regarding the blockchain timeline as we go, for now, the target for launch is Q1 of 2019.

I'd like to invite you the trading group for further trading discussions. https://t.me/ess_traders

They will have supernode and masternode as I know. And as far as I remember 100k ESS tokens needed for run a supernode. For masternode as I understand will be much more?
Ok, will wait for mainnet. As I see they have weekly update right now. This is positive news at ladt (keep us update about development progress I mean).

Masternode will be 100k ESS, supernodes details are still to be fully confirmed! Yes, the team will be updating this article with the weekly updates and progress
hero member
Activity: 1610
Merit: 508

Masternode has 100k ESS requirement. May I refer you to this message regarding postpone.We will keep you updated regarding the blockchain timeline as we go, for now, the target for launch is Q1 of 2019.

I'd like to invite you the trading group for further trading discussions. https://t.me/ess_traders

They will have supernode and masternode as I know. And as far as I remember 100k ESS tokens needed for run a supernode. For masternode as I understand will be much more?
Ok, will wait for mainnet. As I see they have weekly update right now. This is positive news at ladt (keep us update about development progress I mean).
newbie
Activity: 8
Merit: 0
Plenty of discussion for the traders happening here! Reach out and see everyones thoughts on secondary market topics here https://t.me/ess_traders

https://app.essentia.one/

I can not take

error
Returned error: insufficient funds for gas * price + value

Hey there, Essentia has a community group that provides support, you may bring your question there.
Essentia Telegram group


hey scammer ess, forget your money  Grin Grin



https://app.essentia.one/
removed from the site
https://4.bp.blogspot.com/-cDPp2mL5ohU/XD8PsNDBWwI/AAAAAAAACAQ/vN-Q5kFRPMkQmIlM-2pfMmqNglKkUnkKwCLcBGAs/s1600/esseklrtttttt.png





yeah scammers usually take the money and keep developing a few products at once. good job sherlocks you have figured it all out

i think that essentia's progress is just fine
i mean, yeah, mainnet is delayed but look at ethereum with their another constantinople delay


with lies they're stalling you


Probably another fraud is dealing with money.

So tired of people crying on this thread. Literally, no one was forced to invest in the project and did it on their own risk, same as me. So stop being babies and focus on things that the team has accomplished. The development is still up and running, so you can not label them as a scam. Yes, there are things that need to be fixed and shit but it happens with every damn project, so stop.
newbie
Activity: 10
Merit: 0
Plenty of discussion for the traders happening here! Reach out and see everyones thoughts on secondary market topics here https://t.me/ess_traders

https://app.essentia.one/

I can not take

error
Returned error: insufficient funds for gas * price + value

Hey there, Essentia has a community group that provides support, you may bring your question there.
Essentia Telegram group


hey scammer ess, forget your money  Grin Grin



https://app.essentia.one/
removed from the site
https://4.bp.blogspot.com/-cDPp2mL5ohU/XD8PsNDBWwI/AAAAAAAACAQ/vN-Q5kFRPMkQmIlM-2pfMmqNglKkUnkKwCLcBGAs/s1600/esseklrtttttt.png





yeah scammers usually take the money and keep developing a few products at once. good job sherlocks you have figured it all out

i think that essentia's progress is just fine
i mean, yeah, mainnet is delayed but look at ethereum with their another constantinople delay


with lies they're stalling you


Probably another fraud is dealing with money.

what are you talking about? it works fine for me: https://app.essentia.one/
member
Activity: 206
Merit: 26
Plenty of discussion for the traders happening here! Reach out and see everyones thoughts on secondary market topics here https://t.me/ess_traders

https://app.essentia.one/

I can not take

error
Returned error: insufficient funds for gas * price + value

Hey there, Essentia has a community group that provides support, you may bring your question there.
Essentia Telegram group


hey scammer ess, forget your money  Grin Grin



https://app.essentia.one/
removed from the site






yeah scammers usually take the money and keep developing a few products at once. good job sherlocks you have figured it all out

i think that essentia's progress is just fine
i mean, yeah, mainnet is delayed but look at ethereum with their another constantinople delay


with lies they're stalling you


Probably another fraud is dealing with money.
newbie
Activity: 10
Merit: 0
Plenty of discussion for the traders happening here! Reach out and see everyones thoughts on secondary market topics here https://t.me/ess_traders

https://app.essentia.one/

I can not take

error
Returned error: insufficient funds for gas * price + value

Hey there, Essentia has a community group that provides support, you may bring your question there.
Essentia Telegram group


hey scammer ess, forget your money  Grin Grin



https://app.essentia.one/
removed from the site
https://4.bp.blogspot.com/-cDPp2mL5ohU/XD8PsNDBWwI/AAAAAAAACAQ/vN-Q5kFRPMkQmIlM-2pfMmqNglKkUnkKwCLcBGAs/s1600/esseklrtttttt.png





yeah scammers usually take the money and keep developing a few products at once. good job sherlocks you have figured it all out

i think that essentia's progress is just fine
i mean, yeah, mainnet is delayed but look at ethereum with their another constantinople delay
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