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Topic: [ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN - page 98. (Read 125735 times)

full member
Activity: 406
Merit: 170
Guys, with so many privacy / anon coins out there, one being a spin-off of the other, can you please elaborate the real competitive differentiation of BWK?
Overall impression is good so far, mining some, but I'd really want to understand better how this coin will differentiate itself from XMR, ZEC and other more modern "anon 2.0 / 3.0" coins

I'd suggest you check out our whitepaper at bulwarkcrypto.com

There is more than enough information there to educate you on why we're different.

Humor me please? I've read and stumbled a bit at differentiating (aside from the egalitarian focus of BWK)

Well for starters, asking what the difference between BWK, XMR, and ZEC is a loaded question. The real question you're wanting answered are the difference between Zerocoin, Ring, and Zerocash. All of which can be found with a little research.

As far as privacy and our development is concerned, we're working on implementing zerocoin, which was discussed in the whitepaper. We also plan on developing a Bulwark Secure Home Node where people can host masternodes or stake their coins locally over Tor/Onion and not need to be concerned with being DDOSed, also discussed in the whitepaper. All software will be open source and a hardware shopping list (buy this on Amazon, etc..) will also be provided so that anyone interested in partaking can set it up themselves and enjoy a solid open source development project.

Anything beyond that, at this time, is not being discussed publicly until we're further along.
newbie
Activity: 1
Merit: 0
Guys, with so many privacy / anon coins out there, one being a spin-off of the other, can you please elaborate the real competitive differentiation of BWK?
Overall impression is good so far, mining some, but I'd really want to understand better how this coin will differentiate itself from XMR, ZEC and other more modern "anon 2.0 / 3.0" coins

I'd suggest you check out our whitepaper at bulwarkcrypto.com

There is more than enough information there to educate you on why we're different.

Humor me please? I've read and stumbled a bit at differentiating (aside from the egalitarian focus of BWK)
full member
Activity: 406
Merit: 170
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.
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
member
Activity: 602
Merit: 11
who counted how many nodes they sold / bought Wink for today
full member
Activity: 324
Merit: 100
I hope that Bulwark have a chance to become really big coin. But I don't think that masternodes could attract huge number of investors. It is not enough, we need some kind of promotion campaigns to attract more wide number of holders.
full member
Activity: 167
Merit: 100
the venus project
What pool uses bE5tTuw9LQmzNnoNkhUuabK6fMwwqBsZnW adress?
sr. member
Activity: 1451
Merit: 258
Hello guys in your opinion is worth to mining with RX570 ? i've getting 22-23mh/s each Or better to mine something diffrend with them?
Cuz nvidia doing soo well on bulwark.
I use rx 570, I see it is still good for mining, no data is bad for now. But you try to use a better nvidia eg gtx 1080 ti.
newbie
Activity: 21
Merit: 0
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?
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?

member
Activity: 350
Merit: 46
This project can make people interested, and a good project will naturally get more people's attention and exchange, a great prospect.
full member
Activity: 406
Merit: 170
Please tell me when is the first reduction of the block reward?

In approximately 5 weeks, give or take a couple days.
full member
Activity: 196
Merit: 100
Hello guys in your opinion is worth to mining with RX570 ? i've getting 22-23mh/s each Or better to mine something diffrend with them?
Cuz nvidia doing soo well on bulwark.
full member
Activity: 167
Merit: 100
the venus project
Please tell me when is the first reduction of the block reward?
full member
Activity: 406
Merit: 170
Guys, with so many privacy / anon coins out there, one being a spin-off of the other, can you please elaborate the real competitive differentiation of BWK?
Overall impression is good so far, mining some, but I'd really want to understand better how this coin will differentiate itself from XMR, ZEC and other more modern "anon 2.0 / 3.0" coins

I'd suggest you check out our whitepaper at bulwarkcrypto.com

There is more than enough information there to educate you on why we're different.
full member
Activity: 1179
Merit: 131
Personally, most of Neocrypt-algorithmed has high price. It is because the algo is a hard for miners.
Have you ever tried mining Bulwark? Cheesy The algo is NIST5, not Neoscrypt. Very few coins these days use NIST5.

The real reason is because it has masternodes, every shitcoin out there that has them get artificially inflated in price (not saying this is one of those coins).  It eludes me as to why but it seems like every new masternode scam coin is just a neoscrypt clone.  The most recent example being Cerberus.  The coin has been out for 2 weeks and is worth $20?!
member
Activity: 216
Merit: 13
Guys, with so many privacy / anon coins out there, one being a spin-off of the other, can you please elaborate the real competitive differentiation of BWK?
Overall impression is good so far, mining some, but I'd really want to understand better how this coin will differentiate itself from XMR, ZEC and other more modern "anon 2.0 / 3.0" coins
jr. member
Activity: 1764
Merit: 1
yes, this project really interest me .. i see the roadmap is really a promising project .. Good project should get more visibility and exchange make investors more happy. I do not know why admins do not want a new exchange. Cryptopia is a three level exchange. bwl atleast should be on a decent and good exchange .. i see this project is very potential and the prospect for the future is very good .. good luck
newbie
Activity: 40
Merit: 0
Good projects should get visibility and more exchanges will keep the investors happier. I don't know why the admins don't want new exchanges.Cryptopia is a tier 3 exchange. Atleast BWK should be on one decent exchange

Being on large exchanges when you're less than 2 months old isn't necessarily a good thing. There are a number of reasons why getting listed when mass liquidity isn't available would hurt the project more than it would help.

We feel Cryptopia is more than sufficient for now as our primary large exchange.

Also, exchanges cranking up their listing fees to unrealistic levels certainly don't help projects with fair launches or small premines. We're competing against ICOs that have no problem sucking up millions of dollars from people and then throwing their money at exchanges because it isn't actually costing them anything regardless of whether or not it's a good idea. They just want to throw 15btc worth of investor funds at Binance, dump their shares once it's listed, then disappear. We have a much deeper and more meaningful connection to our project and would rather take care in ensuring that it grows safely and organically over time instead of just being a flash in the pan.

Well said
full member
Activity: 406
Merit: 170
Good projects should get visibility and more exchanges will keep the investors happier. I don't know why the admins don't want new exchanges.Cryptopia is a tier 3 exchange. Atleast BWK should be on one decent exchange

Being on large exchanges when you're less than 2 months old isn't necessarily a good thing. There are a number of reasons why getting listed when mass liquidity isn't available would hurt the project more than it would help.

We feel Cryptopia is more than sufficient for now as our primary large exchange.

Also, exchanges cranking up their listing fees to unrealistic levels certainly don't help projects with fair launches or small premines. We're competing against ICOs that have no problem sucking up millions of dollars from people and then throwing their money at exchanges because it isn't actually costing them anything regardless of whether or not it's a good idea. They just want to throw 15btc worth of investor funds at Binance, dump their shares once it's listed, then disappear. We have a much deeper and more meaningful connection to our project and would rather take care in ensuring that it grows safely and organically over time instead of just being a flash in the pan.
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