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Topic: [ANN][SEM] Semux - Official Thread - page 267. (Read 694126 times)

newbie
Activity: 1
Merit: 0
January 07, 2018, 11:42:08 PM
how do i get SEM Huh Huh Huh
legendary
Activity: 1694
Merit: 1003
January 07, 2018, 11:17:44 PM
So that means if you have voted to someone its up to him to share the earnings, good thing there is an official pool that we can vote else some may abuse it but we can always unvote.
full member
Activity: 560
Merit: 112
January 07, 2018, 10:24:06 PM
I'm new to semux.  I only heard about it recently when looking over posts about upcoming BTC airdrops.  I've reviewed posts made by the semux Bitcointalk user, skimmed over the various FAQs and other websites, but I still have a few questions about the project.

It seems like instead of "mining", there is a "forging" process that allows by special nodes called Validators.  To be a Validator, it seems just must first register as a Delegate (burning 1000 SEM) and then get enough "votes" from other nodes (or your own I assume) to rank amongst the top 64 vote getters.  For each SEM you own, you can cast a vote.  When you vote, that SEM becomes "locked" and cannot be spent unless you go back and "unvote" for that delegate.

Does a node (wallet) get anything in return for their votes?  Do they get part of the 1 SEM (soon to be 3 SEM) block rewards from the Validators?  Or do the block rewards go solely to the Validator who forged it?

If you don't get anything in return for your vote, I'm not understanding the point.  It would seem the Delegates would most likely just vote for themselves (if having enough SEM) to stay being a Validator.

Sorry for the probably basic question, but I'm just trying to learn more about the system.  Thanks.


It is a good question.  The answer is just the validator gets the block reward (currently 1 SEM son 3 SEM), but it is an interesting idea that the voters get part of it.  There are forging pools that do this (somehow).  I could be wrong so wait for dev to final answer.

It could be a good idea to consider adding such a feature directly to Semux wallet. Maybe an optional validator setting to share block reward proportionally with the voting accounts.


 I was thinking the network would/should handle that automatically as soon as you vote. And calculate some sort of share/reward from the block reward, if the validator you voted for forged a block.
Why would you otherwise lock up your coins, and pay transfer fees, if your not rewarded for it?
It only make sense to vote if you are nominated as a validator, and then only vote on yourself.

Or Am I missing something here?


Sharing validator rewards is voluntary. Only a validator pool will share rewards to voters and it is not done automatically.
member
Activity: 602
Merit: 13
January 07, 2018, 09:50:10 PM
wow newbie got 5
but Jr. Member only 7  Cry
newbie
Activity: 73
Merit: 0
January 07, 2018, 09:45:58 PM
hi,guys,i am newbie,i got 5 sem last week, are all newbies got 5 coin ?
member
Activity: 196
Merit: 10
January 07, 2018, 09:42:48 PM
Hi develops,
I saw there was an public test, and alll coins we minted/received during the test will be transferred to your main test 1:1 when your officially launch.
Is this test still available? thx.
newbie
Activity: 73
Merit: 0
January 07, 2018, 09:33:47 PM
wow,t - 12 ,hold the coin!
sr. member
Activity: 303
Merit: 250
January 07, 2018, 09:22:33 PM
When is launch date?

I don't expect the dev to be very active here in the thread because he must be very busy right now coding and preparing for the mainnet launch! I'm very excited Wink

The the launch date is January 20, 2018. We're still internally preparing for it.

Another round of stress test over the RC network will be conducted before the main net goes live.

T - 12, this is amazing news. All rockets ready!
full member
Activity: 276
Merit: 103
January 07, 2018, 08:42:45 PM
He might mean bitcoin airdrop - a lot of people not receiving that
full member
Activity: 154
Merit: 100
January 07, 2018, 08:41:47 PM
Thank you for the reward.
newbie
Activity: 79
Merit: 0
January 07, 2018, 08:31:27 PM
wallet still needs specific port opened? is there a way around this ? i,m missing out on all airdrops. and test net any help guys ?
full member
Activity: 292
Merit: 100
January 07, 2018, 08:29:23 PM
The purpose of Semux Signature Campaign is achieved. Now, more and more people know Semux on BTT. When Main net is launched theirs impact will be huge.
sr. member
Activity: 294
Merit: 252
full member
Activity: 532
Merit: 102
January 07, 2018, 08:22:52 PM
upcoming release to the mainnet... wooohoo... FOMO! Cheesy

no, srsly, this project is awesome!
legendary
Activity: 1232
Merit: 1001
January 07, 2018, 08:14:08 PM
When is launch date?

I don't expect the dev to be very active here in the thread because he must be very busy right now coding and preparing for the mainnet launch! I'm very excited Wink

The the launch date is January 20, 2018. We're still internally preparing for it.

Another round of stress test over the RC network will be conducted before the main net goes live.

Just want to thank you and all of the Semux devs for a phenomenal job with Semux!

You've demonstrated top class leadership and development skill.  We are really excited about the upcoming launch and the future roadmap.

Highly anticipating the last round of stress tests: we hope to sustain 10,000 txs/block!  Please PM us if there are any special node configuration required.
jr. member
Activity: 70
Merit: 1
January 07, 2018, 08:07:00 PM
Hope it's not too late to join the project !!!  this is the most popular signature campaign in BTT forum these days !
sr. member
Activity: 476
Merit: 266
January 07, 2018, 07:58:17 PM
Here is a pool I found.

https://semux.info/pool

Not sure if you get paid for voting if you don’t register, waiting for an answer to that one myself.

Thanks for the information about the pool.  I just got my BTC airdrop and went ahead and split my SEMs up amongst the five validators in the pool.  Though I did notice of their validators says that it has been offline for a week ("madrid").  I wonder if I should unvote those.

I also went ahead and registered to be a delegate as well.  I have nowhere near enough to become a validator, but it should be a fun test to see if anyone actually votes for my delegate out of the blue.  (I don't know if it is against the rules or not to mention my delegate's name, so I'll leave that out just in case.)

Will the UI let you get to a point where you can actually lock your entire SEM balance?  I'm wondering if there are safeguards in the software to prevent you from doing it.  If you lock your entire balance, you would never be able to pay the transaction fee to "unvote" and you would be stuck until you actually acquire more SEM.

NO worries, just found it a week ago myself Smiley

About Madrid, he went offline earlier today. They have all been online the whole week except for Friday, when 3 of them went offline for an hour maybe. And today Madrid.
He will probably get his act together tomorrow, when he realizes he’s been loosing money Wink
member
Activity: 602
Merit: 13
January 07, 2018, 07:48:17 PM
ya 7SEM received for being Jr. Member.

now waiting for week 6 lists for confirmation
meanwhile start work to meet minimum posts

really excited to see 20 Jan 2018 main release soon.  Grin
member
Activity: 184
Merit: 10
full member
Activity: 187
Merit: 101
January 07, 2018, 07:38:40 PM
john the camp hope its not too late.
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