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Topic: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN - page 442. (Read 782382 times)

full member
Activity: 226
Merit: 100
Ugh, we had a long day, I had to keep running my kids here and there all day, and we had a few last minute issues creep up, but, the new source is now available on github for all of you self compilers, https://github.com/Darknet-Crypto/Darknet/releases/tag/v1.1.0.0. The binaries will be up soon, s3v3n is working on compiling them right now. The newly updated ANN will follow closely behind.

This is a mandatory update, everyone needs to be on the new version, 1.1.0.0, by block 151200, about 2 weeks from now, that is when the new block rewards will go into effect. Notices will be sent to all service providers shortly. Thanks for your patience, I know I said this would be done last night or this morning. Sorry for the delay guys.
legendary
Activity: 910
Merit: 1006
BCH Advocate.
Whats a couple thousand more blocks. lol  Roll Eyes

New ANN coming with new wallet release?

Yep, How did you guess?? It's those Psychic Powers.. Smiley


hero member
Activity: 638
Merit: 500
Also, just so that there are no surprises, the proposal didn't account for the budget portion of coins, so the actual rewards will be 22.5 to miners, 22.5 to masternodes, and the remaining 10% will be available for budget proposals, or up to 432000 per month. Any coins that are not spent on the budget don't get created, so any projected total coin counts are a maximum number, the actual supply will almost always be slightly lower than the projections that are based on completely spent budgets.
Maybe leave 25 DNET to masternodes and miners and just add 5 DNET to proposal budget if needed.
legendary
Activity: 1078
Merit: 1011
Whats a couple thousand more blocks. lol  Roll Eyes

New ANN coming with new wallet release?

Yep, How did you guess?? It's those Psychic Powers.. Smiley
legendary
Activity: 910
Merit: 1006
BCH Advocate.
Proposal to save Darknet from inflation

PoW phase with steady block reward is producing too much coins, it is hurting early investors and promotes dumping. Price now is 4x lower than month ago. We need emergency measures to prevent this.

I propose significant reduction of PoW supply and giving biger % reward to masternode owners. It will decrease selling preasure from miners and will support MN owners who are more loyal to Darknet cryptocurrency.
We will have total of 39 960 000 coins at the end of the PoW phase instead of 64 800 000 coins (-24 840 000 coins that could be dumped).

Blocks 1 - 135 000 (94 days, ends by may, 8)
POW reward: 250 DNET
Total supply: 33 750 000

Blocks 135 001 - 259 200 (86 days)
POW reward: 50 DNET (25 to miners and 25 to masternodes)
Total supply: 39 960 000

Blocks 259 200 +
PoS

To vote in favor = mnbudget vote 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 yes
To vote against = mnbudget vote 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 no
Use 'vote-many' instead of 'vote' to vote using all your MN at once via controller wallet:
mnbudget vote-many 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 yes
or
mnbudget vote-many 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 no

mnbudget getinfo DecreasePOWSupply to check status

Yes: 468
No: 85
Total voted: 553 of 720 MNs
I think most of voters agree this should be settled asap.



This was the proposal. So just under 40 mil if this is implemented. -60k coins to be burned by bittrex for the initial MN set up at launch.  
Also, just so that there are no surprises, the proposal didn't account for the budget portion of coins, so the actual rewards will be 22.5 to miners, 22.5 to masternodes, and the remaining 10% will be available for budget proposals, or up to 432000 per month. Any coins that are not spent on the budget don't get created, so any projected total coin counts are a maximum number, the actual supply will almost always be slightly lower than the projections that are based on completely spent budgets.

Thanks for the clarification.

and sofu...better get that quick lol
legendary
Activity: 1890
Merit: 1085
Degenerate Crypto Gambler
Thanks

So it should be 43 200 000 when the switch is at Block 151200.

I try to accumulate ~1% of total amount  Smiley
full member
Activity: 226
Merit: 100
Proposal to save Darknet from inflation

PoW phase with steady block reward is producing too much coins, it is hurting early investors and promotes dumping. Price now is 4x lower than month ago. We need emergency measures to prevent this.

I propose significant reduction of PoW supply and giving biger % reward to masternode owners. It will decrease selling preasure from miners and will support MN owners who are more loyal to Darknet cryptocurrency.
We will have total of 39 960 000 coins at the end of the PoW phase instead of 64 800 000 coins (-24 840 000 coins that could be dumped).

Blocks 1 - 135 000 (94 days, ends by may, 8)
POW reward: 250 DNET
Total supply: 33 750 000

Blocks 135 001 - 259 200 (86 days)
POW reward: 50 DNET (25 to miners and 25 to masternodes)
Total supply: 39 960 000

Blocks 259 200 +
PoS

To vote in favor = mnbudget vote 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 yes
To vote against = mnbudget vote 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 no
Use 'vote-many' instead of 'vote' to vote using all your MN at once via controller wallet:
mnbudget vote-many 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 yes
or
mnbudget vote-many 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 no

mnbudget getinfo DecreasePOWSupply to check status

Yes: 468
No: 85
Total voted: 553 of 720 MNs
I think most of voters agree this should be settled asap.



This was the proposal. So just under 40 mil if this is implemented. -60k coins to be burned by bittrex for the initial MN set up at launch.  
Also, just so that there are no surprises, the proposal didn't account for the budget portion of coins, so the actual rewards will be 22.5 to miners, 22.5 to masternodes, and the remaining 10% will be available for budget proposals, or up to 432000 per month. Any coins that are not spent on the budget don't get created, so any projected total coin counts are a maximum number, the actual supply will almost always be slightly lower than the projections that are based on completely spent budgets.
legendary
Activity: 910
Merit: 1006
BCH Advocate.
Proposal to save Darknet from inflation

PoW phase with steady block reward is producing too much coins, it is hurting early investors and promotes dumping. Price now is 4x lower than month ago. We need emergency measures to prevent this.

I propose significant reduction of PoW supply and giving biger % reward to masternode owners. It will decrease selling preasure from miners and will support MN owners who are more loyal to Darknet cryptocurrency.
We will have total of 39 960 000 coins at the end of the PoW phase instead of 64 800 000 coins (-24 840 000 coins that could be dumped).

Blocks 1 - 135 000 (94 days, ends by may, 8)
POW reward: 250 DNET
Total supply: 33 750 000

Blocks 135 001 - 259 200 (86 days)
POW reward: 50 DNET (25 to miners and 25 to masternodes)
Total supply: 39 960 000

Blocks 259 200 +
PoS

To vote in favor = mnbudget vote 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 yes
To vote against = mnbudget vote 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 no
Use 'vote-many' instead of 'vote' to vote using all your MN at once via controller wallet:
mnbudget vote-many 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 yes
or
mnbudget vote-many 02b8855fd4e55ba051ae99b0a459d303732ee8e861de0168588b9d4c6fd470b6 no

mnbudget getinfo DecreasePOWSupply to check status

Yes: 468
No: 85
Total voted: 553 of 720 MNs
I think most of voters agree this should be settled asap.



This was the proposal. So just under 40 mil if this is implemented. -60k coins to be burned by bittrex for the initial MN set up at launch.  
legendary
Activity: 1890
Merit: 1085
Degenerate Crypto Gambler
Only a little more than 8k blocks left before PoW decrease.  Wink
Umm, no. I am going to make the necessary changes and we will release the new wallet later today or tomorrow morning. As I said earlier we will allow 2 weeks for everyone to get updated. So, the change won't happen immediately, but is on its way. Block 151200 is when the switch will happen.

OK I will increase my bags in this time.  Smiley

What will be the total amount of coins that can be created in POW phase after that switch?
legendary
Activity: 910
Merit: 1006
BCH Advocate.
full member
Activity: 226
Merit: 100
Whats a couple thousand more blocks. lol  Roll Eyes

New ANN coming with new wallet release?
Are you psychic or something?
legendary
Activity: 910
Merit: 1006
BCH Advocate.
Whats a couple thousand more blocks. lol  Roll Eyes

New ANN coming with new wallet release?
full member
Activity: 226
Merit: 100
Only a little more than 8k blocks left before PoW decrease.  Wink
Umm, no. I am going to make the necessary changes and we will release the new wallet later today or tomorrow morning. As I said earlier we will allow 2 weeks for everyone to get updated. So, the change won't happen immediately, but is on its way. Block 151200 is when the switch will happen.
legendary
Activity: 910
Merit: 1006
BCH Advocate.
Only a little more than 8k blocks left before PoW decrease.  Wink
legendary
Activity: 1414
Merit: 1001
To weird to live To rare to die
Can the wallet be locked when acting as a masternode?

Yes of course. aside from encrypting the wallet.dat, an active masternode's collaterall address cannot be spent unless the user explicitly enables and uses coin control features to do so.
I dunno then wallet was open for 2 1\2 days with no payment?  when I set up the MN it said was good?
Have you checked your MN are correctly working with
Quote
masternode list-conf
it'll be three weeks before I can try again, I'll keep that in mind
hero member
Activity: 727
Merit: 501
Can the wallet be locked when acting as a masternode?

Yes of course. aside from encrypting the wallet.dat, an active masternode's collaterall address cannot be spent unless the user explicitly enables and uses coin control features to do so.
I dunno then wallet was open for 2 1\2 days with no payment?  when I set up the MN it said was good?
Have you checked your MN are correctly working with
Quote
masternode list-conf
legendary
Activity: 1414
Merit: 1001
To weird to live To rare to die
Can the wallet be locked when acting as a masternode?

Yes of course. aside from encrypting the wallet.dat, an active masternode's collaterall address cannot be spent unless the user explicitly enables and uses coin control features to do so.
I dunno then wallet was open for 2 1\2 days with no payment?  when I set up the MN it said was good?
sr. member
Activity: 275
Merit: 250
Can the wallet be locked when acting as a masternode?

Yes of course. aside from encrypting the wallet.dat, an active masternode's collaterall address cannot be spent unless the user explicitly enables and uses coin control features to do so.
legendary
Activity: 910
Merit: 1006
BCH Advocate.
IMO at this stage focus should be on implementing proposed tech and usability instead of aesthetic changes.

OK guys and gals.. I did end up finding crz that Danonthehill suggested, his work is "Outstanding", but with that quality, comes a cost. a significant one. He has asked for a budget, so I need to guage what everyone thinks.

If you want to see a sample of his work, check out this link;

https://bitcointalksearch.org/topic/sdc-shadowcash-welcome-to-the-umbra-745352

To start he is willing to redesign the the BCT ANN, Coin Logo and Default Wallet Design.

I am sure this would take us to a higher level of professionalism, but I need to hear your thoughts before I create a budgetary proposal for his work.

Crz is a bit out of your league. His design skills would give Darknet an air of legitimacy that a 3-month Dash clone has neither earned nor deserves. My advice, stick with the cheap guy. More your level.

Nice to see the trolls haven't forgotten about us... Thanks for stopping by.. Smiley

legendary
Activity: 1414
Merit: 1001
To weird to live To rare to die
Can the wallet be locked when acting as a masternode?
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