🤖[ANN][BIS]Bismuth 2.0 - Beyond DeFi - page 55.

gildinglite

full member

Activity: 308

Merit: 101

These packets fly

Quote from: EggdraSyl on May 01, 2018, 05:16:38 AM

Quote from: gildinglite on April 30, 2018, 07:01:58 PM

I'm curious what makes BIS valuable, eg. do you need coins to run the dApps?

Does it need n * BIS to operate services? Interested on what the teams has to say on that.

Dapps based upon a chain (not just Bismuth one) use on chain transactions to operate.
Bismuth Dapps are based upon transactions and "openfield" data. That is, an optional arbitrary data field that can be used for virtually anything.

Any operation is then a Bismuth transaction.
Bismuth transaction have a fixed base fee plus a variable part that depends on the data field length.

So, yes, any Dapp will consume Bis as part of its working.
It's how all Dapps on any blockchain work.

The chain provides a secure infrastructure, the dapps build upon and "pay" for that.
Then the transaction fees go to the miners, who are the one securing the infrastructure via PoW.

Sure, I was wondering if it worked any differently with BIS than other chains.

Thanks!

EggdraSyl

member

Activity: 140

Merit: 30

Bismuth core dev & EggPool.net Operator.

Quote from: gildinglite on April 30, 2018, 07:01:58 PM

I'm curious what makes BIS valuable, eg. do you need coins to run the dApps?

Does it need n * BIS to operate services? Interested on what the teams has to say on that.

Dapps based upon a chain (not just Bismuth one) use on chain transactions to operate.
Bismuth Dapps are based upon transactions and "openfield" data. That is, an optional arbitrary data field that can be used for virtually anything.

Any operation is then a Bismuth transaction.
Bismuth transaction have a fixed base fee plus a variable part that depends on the data field length.

So, yes, any Dapp will consume Bis as part of its working.
It's how all Dapps on any blockchain work.

The chain provides a secure infrastructure, the dapps build upon and "pay" for that.
Then the transaction fees go to the miners, who are the one securing the infrastructure via PoW.

Andz13th

newbie

Activity: 1

Merit: 0

i made a transfer from my GUI wallet to cryptopia... its been already 24hours but nothing come out in my cryptopia balance. any help?

gildinglite

full member

Activity: 308

Merit: 101

These packets fly

I'm curious what makes BIS valuable, eg. do you need coins to run the dApps?

Does it need n * BIS to operate services? Interested on what the teams has to say on that.

raetsch

legendary

Activity: 957

Merit: 1006

Quote from: ?? on ??

Big Thnx is - 0% pool for mining your coin and good comfortable wallet . With BigEggBossDevLoL10% and w/o miners u dead in 1 year. And cryptopia is shitexchange for shitcoin, need bitrex or hitbtc

anything else you want? maybe a drink or something to eat. may i polish your shoes?

gawlea

hero member

Activity: 756

Merit: 579

To celebrate one year of Bismuth we are pleased to give away 1000 $BIS divided in 10 prizes of 100 $BIS each to our community members.

Also we want to thank you all for the support! Bismuth Foundation

https://gleam.io/competitions/HGm51-bismuth-anniversary-giveaway

andnet

member

Activity: 141

Merit: 10

Cryptopia not work with BIS now

eezyhash

newbie

Activity: 13

Merit: 0

Quote from: gawlea on April 30, 2018, 01:53:14 AM

Quote from: sluppy on April 28, 2018, 06:41:48 AM

Bismuth mentioned

Posted by Farcar in discord thought id drop it here as well.

https://youtu.be/o5BPqBeARbQ

Thanks for the heads-up @sluppy

Quote from: andnet on April 29, 2018, 10:18:52 AM

What is Message in Cryptopia adress? How can i send this coin ?)))

The "Message" is required to identify your personal wallet on cryptopia exchange, as that BIS address is cryptopia address, is common for all users. To send coins to their exchange fill the cryptopia address in the "Recipient" field and put the "Message" in the "Data" field.

Tip: Send a small test amount like 2-3 BIS before sending large amounts of money.

Cryptopia seems to be stuck at the moment and not confirming Tx's also seem to be running an old wallet. Can the devs please help and let them know . Thanks

gawlea

hero member

Activity: 756

Merit: 579

Quote from: sluppy on April 28, 2018, 06:41:48 AM

Bismuth mentioned

Posted by Farcar in discord thought id drop it here as well.

https://youtu.be/o5BPqBeARbQ

Thanks for the heads-up @sluppy

Quote from: andnet on April 29, 2018, 10:18:52 AM

What is Message in Cryptopia adress? How can i send this coin ?)))

The "Message" is required to identify your personal wallet on cryptopia exchange, as that BIS address is cryptopia address, is common for all users. To send coins to their exchange fill the cryptopia address in the "Recipient" field and put the "Message" in the "Data" field.

Tip: Send a small test amount like 2-3 BIS before sending large amounts of money.

andnet

member

Activity: 141

Merit: 10

What is Message in Cryptopia adress? How can i send this coin ?)))

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

Quote from: Xaltotun on April 24, 2018, 09:29:20 AM

Quote from: bizzzy on April 24, 2018, 05:34:06 AM

Quote from: Xaltotun on April 23, 2018, 06:44:22 PM

So, when is the first halving? Tongue

Halving of mining rewards? The mining reward started at 15.0 at block 1 and gradually decreases by 0.000001 Bismuth for every block found.

The reward is currently 14.385832 Bismuth at block 614168. (15 - 614168 * 0.0000001)

Interesting, I never noticed that type of reward reduction in any other coins. Cool Cool

trying to avoid price shocks, there is enough volatility already in the ecosystem

EggdraSyl

member

Activity: 140

Merit: 30

Bismuth core dev & EggPool.net Operator.

Hi,

Quote from: MinerJLM on April 27, 2018, 01:34:58 PM

Hello.
I'm considering pointing some rigs for test and creating a list of hashrate/gpu,
can i mine direct to an exchange? which ones? ty

See
https://docs.google.com/spreadsheets/d/1--SNuCPBRblrlhSbU6QNoE-Hwkw1GWvnggvV633P92g/edit#gid=937505860

Quote from: MinerJLM on April 27, 2018, 01:34:58 PM

can i mine direct to an exchange? which ones? ty

None, because of the custom message needed (cryptopia, heat nodes) or manual validation process (octaex)

Renegade1979

full member

Activity: 280

Merit: 105

Strange it seems the bugs still persist in the latest version of the node and it shows some errors in the image but that wallet works of course nevermind the errors https://image.ibb.co/ctZEyc/image.jpg

sluppy

legendary

Activity: 2020

Merit: 1041

Bismuth mentioned

Posted by Farcar in discord thought id drop it here as well.

https://youtu.be/o5BPqBeARbQ

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: foreverlearningsure2004 on April 27, 2018, 10:08:49 PM

Latest version / commit doesn't really seem to work for me anymore.. I only get a connection count and my static/ledger.db is empty...

Try post the full log of the node. Its located in the Bismuth parent directory called node.log. Or for a simple solution try to delete the ledger.db file then reruns the node, see if it works.

foreverlearningsure2004

newbie

Activity: 68

Merit: 0

Latest version / commit doesn't really seem to work for me anymore.. I only get a connection count and my static/ledger.db is empty...

kungen

newbie

Activity: 26

Merit: 4

Quote from: MinerJLM on April 27, 2018, 01:34:58 PM

Hello.
I'm considering pointing some rigs for test and creating a list of hashrate/gpu,

can i mine direct to an exchange? which ones? ty

a list exist on eggpool homepage but do not cover many gpus so that would help a lot of people.
about mining direct to an exchange is not a good thing to do because you cant put an text message(required) and the exchange dont know where to put the coins. exchanges uses the same address to avoid transfer fees for every trade,

MinerJLM

newbie

Activity: 32

Merit: 0

Hello.
I'm considering pointing some rigs for test and creating a list of hashrate/gpu,

can i mine direct to an exchange? which ones? ty

andnet

member

Activity: 141

Merit: 10

bismuth.coinsaurus.com not work 3 hr . Mining stoped?

kungen

newbie

Activity: 26

Merit: 4

Quote from: andnet on April 27, 2018, 07:22:42 AM

Have 5 Gh/s on Eggpool. What is my mining profit in Bismuth per day? +- Tell me plz. Thnx

you should get around 5.5-6 bis a day at the moment so every second day a payout with 11-12 bis.

Topic: 🤖[ANN][BIS]Bismuth 2.0 - Beyond DeFi - page 55. (Read 156542 times)