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Topic: [ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN - page 97. (Read 125735 times)

newbie
Activity: 11
Merit: 0
sr. member
Activity: 453
Merit: 250
The price is taking a hit.

every alt is bleeding now because of btc, just hodl

The market is falling fast. Today is February 1st, 2018.
full member
Activity: 406
Merit: 170
Many of you know Bulwark has compiled a technical whitepaper for those well versed in crypto to look at who we are, what we plan on doing, and why. For the less tech savvy people, we'd like the announce the release of the Bulwark Lightpaper!

The Lightpaper is a two page document that is short, sweet, and to the point. It details all of the pertinent information regarding Bulwark in a nice and neat package for those that may be beginners in the crypto space.

Check it out here: https://bulwarkcrypto.com/docs/EN_-_Bulwark_Light_Paper.pdf
full member
Activity: 406
Merit: 170
Bulwark is great, has a whitepaper, great website, details about the team, but it is still kinda unknown. Anything to convince me to invest into Bwk?

Read the whitepaper thoroughly. If you have additional questions that aren't already discussed in that document, feel free to ask them and then make your decision. If you're looking for information that isn't publicly available to be provided to you in an effort to coax you into buying some of our coin, then you're looking at the wrong project. We've displayed everything we wish to announce publicly and will let our work speak for itself. If you want to jump on board, that's great and we're glad to have you. If you don't think this is the project for you, then that's fine too.
full member
Activity: 406
Merit: 170
Staking is not active? How active?

PoS/Staking doesn't activate until year two (approximately December of 2018).
sr. member
Activity: 616
Merit: 250
I opened the wallet, i tried to refresh it buttato i found less i will try to refresh again
newbie
Activity: 8
Merit: 0
Bulwark is great, has a whitepaper, great website, details about the team, but it is still kinda unknown. Anything to convince me to invest into Bwk?

I'm not a salesman i'm afraid  Wink but I did do a lot of research into MN coins and this one I like the most for the same reasons you said above, also the community is great over on Discord and Telegram
member
Activity: 280
Merit: 10
Bulwark is great, has a whitepaper, great website, details about the team, but it is still kinda unknown. Anything to convince me to invest into Bwk?
sr. member
Activity: 896
Merit: 290
Staking is not active? How active?
Open your wallet, unlock wallet's paraphrase if available, let it run several hours, after certain required confirmations, your wallet will be staked and start to get rewards from staking process.

I dont think staking is active yet, i think BWK switches to POS in year 2, right now its just POW and Masternodes for block rewards
newbie
Activity: 55
Merit: 0
Staking is not active? How active?
Open your wallet, unlock wallet's paraphrase if available, let it run several hours, after certain required confirmations, your wallet will be staked and start to get rewards from staking process.
hero member
Activity: 1085
Merit: 500
Staking is not active? How active?
full member
Activity: 211
Merit: 101
The price is taking a hit.

every alt is bleeding now because of btc, just hodl
newbie
Activity: 5
Merit: 0
Hi!
How to change default wallet location on Windows 10?
It uses %AppData% by default, but i need to chande it to my usb flash drive.
 


Theis no tweak in gui wallet app to change stored dir but I fix it!
I launch the app, sync blockchain than turn off wallet. Move dir "Bulwark" form %AppData% to my usb flash drive and launch wallet app again.
It ask me when I need to store my wallet, I choose my flash drive\Bulwark dir - do the trick.
full member
Activity: 406
Merit: 170
The price is taking a hit.

Not any more than the majority of crypto at the moment, it would seem.
newbie
Activity: 13
Merit: 0
The price is taking a hit.
newbie
Activity: 56
Merit: 0
BWK Devs, why no presence on yobit?
sr. member
Activity: 896
Merit: 290
Batterys can you tell me your view on DAO's and how you think they will apply to Bulwark?

Hey bitChipper - thanks for the question.  I think it's good and is probably something that we haven't done a good enough job addressing.

At it's heart, Bulwark's governance model is a decentralized autonomous organization (DAO) that is governed by the Coin Fund starting on Year 2.  This DAO will be able to vote on how the Super Block (equal to 10% of block rewards for the period) is distributed.  We want to make participation in the DAO governance model as easy as possible for our userbase and plan to address this challenge as we get closer to the start of the coin fund.

Bulwark's DAO will be directed by parties able to submit proposals, pay the submission fee, and garner the support necessary to have their initiatives approved.  As with any decentralized system, an engaged user base is extremely important.

What are your thoughts on DAOs?  Do you have any suggestions for how we can facilitate a high level of engagement to avoid the challenges that other DAO-funded projects face?


Well DAOs to me are one of the more interesting things about crypto, I think that if a coins community has a strong
DAO then not only can the community bring more exposure to the project/coin but also maybe make a difference in crypto and
even the world.

I really cant say i have any ideas to facilitate engagement, but this would be my first experience in a DAO project. I
will need to do more research on DASH and their DAO to get a better idea for how it has gone because from my perspective
if you own a masternode why would you not engage in the governance? Do some people not?

Besides Dash's history where can i learn a lot more about how these proposals work and what kind of stuff people propose?

Thanks Frogman

Dash and Pivx would be good places to look to see this system in action.

We've detailed the entire process from start to finish in our whitepaper. Basically somebody would create a proposal, pay a small fee to get it listed, then go out and market their idea to the community in an effort to garner votes for their proposal. If they receive a certain number of votes over other proposals, they are awarded the budget's super block at the end of the month and then the process starts over again. It essentially saves up a chunk of coin for the community to directly decide how it should be spent, whether that be dev salaries, filling up the marketing fund coffers for additional giveaways, exchange listings, etc..., or on somebody's idea for an open source addition to the Bulwark platform that they want funding to be able to develop.

I will look more into how Dash and PivX are running, and also what kind of proposals are being supported.

I do remember seeing a picture on twitter of a DASH tour bus pulling up to the recent conference in Miami, it just made me
think of how much potential a DAO can have if the coin does well and the funds for the governance are allocated wisely.

Thanks for all your info, ill be around
full member
Activity: 406
Merit: 170
Please tell me when is the first reduction of the block reward?
Me too. Based on the OP, I only find the scheduled reduction of PoS over years, nothing mentioned about block rewards reduction during the PoW phase.

From the whitepaper:



First block reward drop is at block 86,401 which is in approximately 35.47 days.
newbie
Activity: 5
Merit: 0
Hi!
How to change default wallet location on Windows 10?
It uses %AppData% by default, but i need to chande it to my usb flash drive.
 
copper member
Activity: 183
Merit: 0
http://gos.cx
Bulwark was added to Gos.cx mining pool. Hosted in Mowscow, Russia.Low Fee.

http://yiimp.gos.cx/

Use your wallet address as the username and c=BWK for password.


-o stratum+tcp://yiimp.gos.cx:3833 -u -p c=BWK


Enjoy!
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