[ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN - page 148.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: Eatbatterys on December 02, 2017, 08:26:17 PM

Quote from: hoalieuo on December 02, 2017, 08:20:58 PM

total supply ?

Technically infinite. Though 27 million BWK will be generated by the end of year 5 and 561k will be generated each year thereafter.

Are the tx fees burned? I am not seeing them being rewarded in the code. I could be looking at it wrong though.

Eatbatterys

full member

Activity: 406

Merit: 170

Quote from: hoalieuo on December 02, 2017, 08:20:58 PM

total supply ?

Technically infinite. Though 27 million BWK will be generated by the end of year 5 and 561k will be generated each year thereafter.

hoalieuo

newbie

Activity: 22

Merit: 0

total supply ?

whothehellcares

newbie

Activity: 35

Merit: 0

Quote from: Voxterra on December 02, 2017, 12:56:23 PM

Quote from: Mr_Burst on December 02, 2017, 12:54:52 PM

Quote from: BulwarkCoin on December 02, 2017, 12:49:09 PM

Quote from: Mr_Burst on December 02, 2017, 12:44:04 PM

Now 5 MN is run up. Obviously its dev's MNs.
He use premine for hidden increase premine.

Alarm! Cheating detected!

The devs setup a few masternodes to help the network. The rewards for masternodes are currently zero, so I'm not sure how this is 'cheating'.

How do you know that rewards for masternodes are currently zero?
Blockexplorer is missing, we do not see the movement of coins Roll Eyes

well it's in the code that they don't start until about block 960, and basically every yiimp pool has an explorer so.......

My apologies. The quote above originally stated that the code said the masternode % would be off until block 27.8k . They have edited their statement to reflect actuality. Pitchforks have been summarily stowed.

Eatbatterys

full member

Activity: 406

Merit: 170

ANN has been updated to reflect that masternode rewards started at block 960, not block 1.

This does not change the fact that dev created masternodes, which were put up to help the network upon launch, will still be allocating profits to a community fund for additional events and giveaways until there are more community owned masternodes on the network.

healix21

member

Activity: 147

Merit: 10

Quote from: Eatbatterys on December 02, 2017, 06:39:39 PM

We are now on the Coinsmarkets Exchange, a sub satoshi cryptocurrency exchange!

https://coinsmarkets.com/trade-BTC-BWK.htm

Please keep in mind that this exchange utilizes 9 decimals places and count your decimals before placing buy/sell orders.

Thank you devs, been waiting for this.

Eatbatterys

full member

Activity: 406

Merit: 170

Quote from: tsik on December 02, 2017, 07:43:46 PM

Quote from: BulwarkCoin on December 02, 2017, 01:20:11 PM

Quote from: Mr_Burst on December 02, 2017, 01:07:42 PM

Quote from: Voxterra on December 02, 2017, 12:56:23 PM

Quote from: Mr_Burst on December 02, 2017, 12:54:52 PM

Quote from: BulwarkCoin on December 02, 2017, 12:49:09 PM

Quote from: Mr_Burst on December 02, 2017, 12:44:04 PM

Now 5 MN is run up. Obviously its dev's MNs.
He use premine for hidden increase premine.

Alarm! Cheating detected!

The devs setup a few masternodes to help the network. The rewards for masternodes are currently zero, so I'm not sure how this is 'cheating'.

How do you know that rewards for masternodes are currently zero?
Blockexplorer is missing, we do not see the movement of coins Roll Eyes

well it's in the code that they don't start until about block 27,500, and basically every yiimp pool has an explorer so.......

How about pic on OP that says?
Masternode block reward
Block 1 - 28,799: 80% PoW/ 20% MN

Sorry, the ANN graphic is slightly off. Good catch. We will get it changed as soon as possible but I assure you masternode block rewards are currently 0.

How do you explain this then?

Since that seems to be a sore spot, we will happily put this on our list to amend this portion of the graphic to display that the MN block reward split of 80% PoW/ 20% MN is from block 960-28,799 as opposed to initiating MN rewards at block 1.

tsik

member

Activity: 115

Merit: 10

Quote from: BulwarkCoin on December 02, 2017, 01:20:11 PM

Quote from: Mr_Burst on December 02, 2017, 01:07:42 PM

Quote from: Voxterra on December 02, 2017, 12:56:23 PM

Quote from: Mr_Burst on December 02, 2017, 12:54:52 PM

Quote from: BulwarkCoin on December 02, 2017, 12:49:09 PM

Quote from: Mr_Burst on December 02, 2017, 12:44:04 PM

Now 5 MN is run up. Obviously its dev's MNs.
He use premine for hidden increase premine.

Alarm! Cheating detected!

The devs setup a few masternodes to help the network. The rewards for masternodes are currently zero, so I'm not sure how this is 'cheating'.

How do you know that rewards for masternodes are currently zero?
Blockexplorer is missing, we do not see the movement of coins Roll Eyes

well it's in the code that they don't start until about block 27,500, and basically every yiimp pool has an explorer so.......

How about pic on OP that says?
Masternode block reward
Block 1 - 28,799: 80% PoW/ 20% MN

Sorry, the ANN graphic is slightly off. Good catch. We will get it changed as soon as possible but I assure you masternode block rewards are currently 0.

How do you explain this then?

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: whothehellcares on December 02, 2017, 07:24:43 PM

Everyone should know that masternodes are currently active and skimming 20%.

I thought the previous estimate of block 27500 was incorrect.

Quote from: Voxterra on December 02, 2017, 12:56:23 PM

well it's in the code that they don't start until about block 27,500, and basically every yiimp pool has an explorer so.......

According to the code, it started at block 960 when the ramp up ended.
https://github.com/bulwark-crypto/Bulwark/blob/master/src/main.cpp#L1685-#L1700

Code:

int64_t GetMasternodePayment(int nHeight, int64_t blockValue, int nMasternodeCount)
{
   int64_t ret = 0;

   if (nHeight < Params().RAMP_TO_BLOCK()) {
ret = 0;
   } else if (nHeight <= 28800 && nHeight >= Params().RAMP_TO_BLOCK()) {
   ret = blockValue / 5;
   } else if (nHeight <= 57600 && nHeight > 28800) {
ret = blockValue / 4;
   } else if (nHeight <= 86400 && nHeight > 57600) {
ret = blockValue / 3;
   } else if (nHeight <= Params().LAST_POW_BLOCK() && nHeight > 86400) {
ret = blockValue / 2;
   } else if (nHeight > Params().LAST_POW_BLOCK()) {
   int64_t nMoneySupply = chainActive.Tip()->nMoneySupply;

BWK-Frogman

newbie

Activity: 21

Merit: 0

Quote from: whothehellcares on December 02, 2017, 07:24:43 PM

Everyone should know that masternodes are currently active and skimming 20%.

Masternodes are collecting 10 BWK / block. That's accurate and how the system was coded. There's an 80/20 split after the slow start.

Rather than letting that 20% burn we are collecting it and will use it for the betterment of the project - notably via giveaways and to fund additional exchange listings.

If you want to sell BWK on the Coinsmarkets listing, I've got a standing order for 1000 @ 700 SAT. Please - sell away.

This is a long-term project and we're not going to jeopardize it over a fraction of the already-small pre-mine. By the end of the 3rd month, 85% of circulating coins for this project will be mined.

These are both my nodes:

https://altmix.org/coins/10-Bulwark/explorer/address/bZSfqvVvuRBrCes1KfxrC4uCthPKdwt6Zx

and

https://altmix.org/coins/10-Bulwark/explorer/address/bJiNkVZVBKC9wD9mHHgbpV6FwzfkmMmkTf

You will see I've already posted about them. Watch their wallet movement. You'll see their Masternode rewards consolidate in a few days and then we will release our plan for them. Please hop into the Discord with any questions.

Eatbatterys

full member

Activity: 406

Merit: 170

Quote from: tsik on December 02, 2017, 07:26:54 PM

Quote from: whothehellcares on December 02, 2017, 07:24:43 PM

Everyone should know that masternodes are currently active and skimming 20%.

Yes, that’s correct. Dishonest or incompetent devs. I vote for the first option, hence the rush to list this. Next

While I appreciate the sentiment of going directly to scam, I can assure you that four preliminary masternodes were put up to help support the network while it was growing. All masternode profits will be getting put directly back into the community via giveaways until more community masternodes begin being established. The fifth masternode was a bounty collected by someone that helped us beta test over the last month so I don't feel comfortable forcing him to give up the profits he earned by helping us.

All four masternodes addresses:

bWW9C83f6jW89VXUK9H5NxdpYHiKy7sc3q
bZSfqvVvuRBrCes1KfxrC4uCthPKdwt6Zx
bJiNkVZVBKC9wD9mHHgbpV6FwzfkmMmkTf
bEmbgyyt8GvYEcRyLc148DUuCuiUXdLQCR

Feel free to monitor them.

tsik

member

Activity: 115

Merit: 10

Quote from: whothehellcares on December 02, 2017, 07:24:43 PM

Everyone should know that masternodes are currently active and skimming 20%.

Yes, that’s correct. Dishonest or incompetent devs. I vote for the first option, hence the rush to list this. Next

whothehellcares

newbie

Activity: 35

Merit: 0

Everyone should know that masternodes are currently active and skimming 20%.

Vario

member

Activity: 77

Merit: 10

good work with the exchange!

Renegade1979

full member

Activity: 280

Merit: 105

Quote from: bones261 on December 02, 2017, 04:56:40 PM

That is all that I have seen so far. But it's still day 1.

and for similar action Gobyte gifted us 15 coins. They were expensive right from the start so I got me lotta Ke$h. Also DESIRE and ONEX guys were gifty. And now we have either scammers sort of VIOG with zero giveaways or total failure sort of CrowdCoin that would bring nothing as they cost 4k sat and the dev airdropped 3 coins and haven't delivered those yet )))

Eatbatterys

full member

Activity: 406

Merit: 170

We are now on the Coinsmarkets Exchange, a sub satoshi cryptocurrency exchange!

https://coinsmarkets.com/trade-BTC-BWK.htm

Please keep in mind that this exchange utilizes 9 decimals places and count your decimals before placing buy/sell orders.

kaneo

jr. member

Activity: 43

Merit: 9

Great community, looking forward to what the future holds for this one!

puremage111

hero member

Activity: 1568

Merit: 511

waoh coins seems legit with less premine and no ico

There are hardly chance to see these type of project as i am tired of seeing airdrops

Good luck! Might start mining it

BulwarkCoin

member

Activity: 95

Merit: 10