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Topic: [ANN][SEM] Semux - Official Thread - page 260. (Read 694126 times)

newbie
Activity: 37
Merit: 0
January 09, 2018, 10:04:25 PM
For testnet, my understanding is we are limited to 64 validators.  For mainnet, I believe it will increase to 100 validators.  The list of validators is based on the ones that have the top votes.

But how does a validator get selected for the block reward? 

Is it a simple round robin approach, so for testnet, each validator has 1/64'th chance of being selected?  Or is it weighted so that the validators with the most votes always get the reward?  Suppose there are 1 million votes cast.  The top validator has 100000 votes and validator #64 has just 1 vote.  (I'm making numbers up for simplicity.)  Does validator 64 have a 1/64 chance of getting the block reward or only a 1/1000000 chance?

I understand with the launch of the mainnet, those of us who spent 1000 SEM to be a delegate will get that amount "refunded".  Will we get the keep the delegate status in mainnet, or need to spend our refunded 1000 SEM again to get it back?

Are votes only done in whole numbers?  (i.e., can there be a 0.05 vote?)

(I apologize for the basic questions.  The wikis and FAQs seem to gloss over a lot of this--and it's possible I may have missed the section covering it too.)
full member
Activity: 158
Merit: 100
January 09, 2018, 09:53:15 PM
I have voted for a delegate for few weeks now and I have not received any reward. Do I have to do something extra like leaving the wallet running?
Delegates-and-Validators do not share rewards automatically. Make sure to join the pool or have an agreement with the owner of the validator to share the rewards before placing your votes.
thanks for the info
So semux2 doesn't share rewards. Do not vote for semux2 everyone!
Please share delegates that pay and don't pay here. So we know who to vote for.
thanks
Yes, I totally agree with your idea. Let share the list of delegates who never share their mined coins every week.
Yes, it is a good idea to share the list. IMO, delegator should share rewards with the delegates to receive. They can charge some percentage for fee, but shall not take 100% of coins mined.
newbie
Activity: 37
Merit: 0
January 09, 2018, 09:52:07 PM
semux.info's pool is available, but is very full.
semuxpool_com is available.  It does pay out for votes, but is not validator yet.

I joined this pool two days ago.  You're right, it's pretty full.  My first payout was only 0.16 SEM (despite putting 1400 votes total across the five validators in the pool).
newbie
Activity: 37
Merit: 0
January 09, 2018, 09:47:55 PM
Well, I went ahead and joined the Signature Campaign.  The UI is simple, but clean.  The concepts are interesting.  Java is the programming language in which I'm most experienced.  I got all my coins so far through the BTC Airdrop.  I'm looking forward to digging into this deeper.
member
Activity: 602
Merit: 13
January 09, 2018, 09:42:14 PM
delegate system too complicate for me  Huh
still not yet do any vote yet
my semux too less, not dare try and error
newbie
Activity: 42
Merit: 0
January 09, 2018, 09:38:36 PM

Yes, I totally agree with your idea. Let share the list of delegates who never share their mined coins every week.

You'd have better luck listing the delegates that do share, most do not.

semux.info's pool is available, but is very full.
semuxpool_com is available.  It does pay out for votes, but is not validator yet.
member
Activity: 167
Merit: 10
January 09, 2018, 09:04:21 PM
I have voted for a delegate for few weeks now and I have not received any reward. Do I have to do something extra like leaving the wallet running?
Delegates-and-Validators do not share rewards automatically. Make sure to join the pool or have an agreement with the owner of the validator to share the rewards before placing your votes.
thanks for the info
So semux2 doesn't share rewards. Do not vote for semux2 everyone!
Please share delegates that pay and don't pay here. So we know who to vote for.
thanks
Yes, I totally agree with your idea. Let share the list of delegates who never share their mined coins every week.
sr. member
Activity: 632
Merit: 250
January 09, 2018, 08:54:35 PM
There's something i donțt get it (there are more, but letțs stick to this one)
Why should i use my vote? I see only a disadvantage, i lose the fee (0.05) and i can't figure any advantages...

But if you vote a delegate in the pool

https://semux.info/pool

you will be rewarded every monday with the rate of (your votes/total votes * SEM mined)  Wink
not necessarily, only if the pool/delegates feel like sharing the reward. I voted for semux2 for few weeks already and received 0 reward. Because semux2 is not sharing the rewards, so I have unvoted semux2. Any pool/delegates that share reward, comment here and you will receive my vote.
sr. member
Activity: 632
Merit: 250
January 09, 2018, 08:48:30 PM
I have voted for a delegate for few weeks now and I have not received any reward. Do I have to do something extra like leaving the wallet running?
Delegates-and-Validators do not share rewards automatically. Make sure to join the pool or have an agreement with the owner of the validator to share the rewards before placing your votes.
thanks for the info
So semux2 doesn't share rewards. Do not vote for semux2 everyone!
Please share delegates that pay and don't pay here. So we know who to vote for.
thanks
member
Activity: 167
Merit: 10
January 09, 2018, 08:25:08 PM
There's something i donțt get it (there are more, but letțs stick to this one)
Why should i use my vote? I see only a disadvantage, i lose the fee (0.05) and i can't figure any advantages...

But if you vote a delegate in the pool

https://semux.info/pool

you will be rewarded every monday with the rate of (your votes/total votes * SEM mined)  Wink

So what you mean that I should vote for delegate has less total votes, and the more rewards I can receive.
full member
Activity: 210
Merit: 100
January 09, 2018, 05:36:32 PM
Hello all, I am new here. What is the target price of 1 SEMUX coin after listing on the exchange? Someone has emailed to me ask for buying. I feel confused about the price.

$3-5 then slow growth to $10 is my guess. This coin has an extremely strong community behind it compared to alot of the bad forks we have seen lately.
I would say this estimate looks conservative, maybe $3-5 in the first few hours and slow growth to $10 within a few days....

Unless the entire market kicks into reverse, this is dynamite.
legendary
Activity: 1246
Merit: 1011
January 09, 2018, 05:26:51 PM
There's something i donțt get it (there are more, but letțs stick to this one)
Why should i use my vote? I see only a disadvantage, i lose the fee (0.05) and i can't figure any advantages...

But if you vote a delegate in the pool

https://semux.info/pool

you will be rewarded every monday with the rate of (your votes/total votes * SEM mined)  Wink
full member
Activity: 210
Merit: 112
January 09, 2018, 05:23:24 PM
There's something i donțt get it (there are more, but letțs stick to this one)
Why should i use my vote? I see only a disadvantage, i lose the fee (0.05) and i can't figure any advantages...
newbie
Activity: 25
Merit: 0
January 09, 2018, 05:03:34 PM
Hello! How much does 1 SEM cost in $? I can’t find this information in ANN.
member
Activity: 227
Merit: 10
January 09, 2018, 04:40:39 PM
I have voted for a delegate for few weeks now and I have not received any reward. Do I have to do something extra like leaving the wallet running?
Delegates-and-Validators do not share rewards automatically. Make sure to join the pool or have an agreement with the owner of the validator to share the rewards before placing your votes.
How to contact with them, mdodong? I have voted for semux2 on the delegate list, but not receive anything from pool or him. Thank
sr. member
Activity: 465
Merit: 254
January 09, 2018, 04:03:22 PM
Hello all, I am new here. What is the target price of 1 SEMUX coin after listing on the exchange? Someone has emailed to me ask for buying. I feel confused about the price.

$3-5 then slow growth to $10 is my guess. This coin has an extremely strong community behind it compared to alot of the bad forks we have seen lately.
legendary
Activity: 1764
Merit: 1012
January 09, 2018, 03:23:15 PM
Can it been mined? Huh

Yes.  Once mainnet launches will have block reward 3!  Then decreases exponentially.


After how many blocks the reward is decreased from 3 SEM?


I thought it was 3 sem after mainnet launches and it will stay that way. I am not sure about decreasing. Are you sure about it?

With this ratio it will take 23 years to reach hard cap.
newbie
Activity: 24
Merit: 0
January 09, 2018, 02:43:36 PM
interesting project, i'm glad to participate in the airdrop and join your community. thank you for the announcement dev and good luck
member
Activity: 154
Merit: 10
January 09, 2018, 02:31:52 PM
Hello all, I am new here. What is the target price of 1 SEMUX coin after listing on the exchange? Someone has emailed to me ask for buying. I feel confused about the price.
newbie
Activity: 74
Merit: 0
January 09, 2018, 02:13:09 PM
I just found this website and registered after reading this topic! Am I too late to participate?   Cry

Not to late, signature campaing is still going, there are bug bounties too. Soon I hope we'll be able to trade Semux safely on an exchange.
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