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Topic: [ANN][SHIFT] The New Web | IPFS/Phantom | ShiftNrg.org Hosted Decentralized! - page 224. (Read 547569 times)

hero member
Activity: 583
Merit: 500
with a current total supply of 829,177 SHF is a great place to pick some more up.
hero member
Activity: 658
Merit: 500
If someone will fill my order I will be very glad, so buy high sell low to me. thank you  Tongue Tongue


haha gotta love them buy high sell low people but I don't know how much you will get done here..I tried  Grin
full member
Activity: 264
Merit: 100
TEMCO
If someone will fill my order I will be very glad, so buy high sell low to me. thank you  Tongue Tongue
sr. member
Activity: 462
Merit: 250
I think the peercoin approach would work very well with shift, and we could also improve it.
In the beggining, pow gets the vast majority of the blocks, but as time passes pos blocks increase its share towards pow blocks.
I think in the end instead of a 1% inflation like ppc has, we could have a 1 shift 100% pos reward per block, which in the long run would mean less than 1% inflation, and no more pow (but only after a very long time has passed, pow will be important for a long time)

There is lots of clever ways of doing POS I would use something more unique as it draws in peoples attention

We are all ears, how would you prefer to do PoS? Smiley

Regards

This should be good...

How are there "lots of clever" ways?  Since it hasn't been done on this code base, there's ONE way, do it from scratch.
hero member
Activity: 483
Merit: 510
The Shift Team
I think the peercoin approach would work very well with shift, and we could also improve it.
In the beggining, pow gets the vast majority of the blocks, but as time passes pos blocks increase its share towards pow blocks.
I think in the end instead of a 1% inflation like ppc has, we could have a 1 shift 100% pos reward per block, which in the long run would mean less than 1% inflation, and no more pow (but only after a very long time has passed, pow will be important for a long time)

There is lots of clever ways of doing POS I would use something more unique as it draws in peoples attention

We are all ears, how would you prefer to do PoS? Smiley

Regards
hero member
Activity: 658
Merit: 500
I think the peercoin approach would work very well with shift, and we could also improve it.
In the beggining, pow gets the vast majority of the blocks, but as time passes pos blocks increase its share towards pow blocks.
I think in the end instead of a 1% inflation like ppc has, we could have a 1 shift 100% pos reward per block, which in the long run would mean less than 1% inflation, and no more pow (but only after a very long time has passed, pow will be important for a long time)

There is lots of clever ways of doing POS I would use something more unique as it draws in peoples attention
sr. member
Activity: 484
Merit: 251
I think the peercoin approach would work very well with shift, and we could also improve it.
In the beggining, pow gets the vast majority of the blocks, but as time passes pos blocks increase its share towards pow blocks.
I think in the end instead of a 1% inflation like ppc has, we could have a 1 shift 100% pos reward per block, which in the long run would mean less than 1% inflation, and no more pow (but only after a very long time has passed, pow will be important for a long time)
hero member
Activity: 483
Merit: 510
The Shift Team
Hi team,

Why is it saying the following error when no contract has been created?

Code:
[tt][sub][sub]I1011 05:20:01.451406    7140 handler.go:185] Peer c4c7b45d9751f329 [shift/61]: peer connected [SHIFT/v0.4.0/linux/go1.5.1]
I1011 05:20:01.508971    7140 transaction_pool.go:292] tx error: Insufficient funds for gas * price + value
I1011 05:20:01.510020    7140 transaction_pool.go:292] tx error: Insufficient funds for gas * price + value[/sub][/sub][/tt]


Exactly what it says. You empty your account but dont calculate the with the gas you have to pay. Studied the code in a glance.. might be wrong
hero member
Activity: 483
Merit: 510
The Shift Team

The PoS will be a mix of having a node running.. do not have to be mining but should take part in the network, a coinage on the account with a minimum of (no decided.. 72hours maybe) and a minimum amount that the account holds. The most important part is to actually have a node running that takes part in the p2p network. As you hear.. it is similar to other pos systems, but the payout to nodes is not centralized. There  will also be mining involved.. so it is a hybrid.

Nice! Please set decent minimum amount needed for stake. 20k for example, especially in case of hybrid.

btw, what PoS % and PoW reward will be after switch to hybrid mode?

There is an idea of two different nodes. Regular with minimal amount of stakes and a SST node.. super staking nodes which have ten times more than the minimal stake amount. Nothing is decided yet... beware of that
hero member
Activity: 483
Merit: 510
The Shift Team

The PoS will be a mix of having a node running.. do not have to be mining but should take part in the network, a coinage on the account with a minimum of (no decided.. 72hours maybe) and a minimum amount that the account holds. The most important part is to actually have a node running that takes part in the p2p network. As you hear.. it is similar to other pos systems, but the payout to nodes is not centralized. There  will also be mining involved.. so it is a hybrid.

Nice! Please set decent minimum amount needed for stake. 20k for example, especially in case of hybrid.

btw, what PoS % and PoW reward will be after switch to hybrid mode?

Not decided. Miners will get a higher percentage, that we can say.
sr. member
Activity: 425
Merit: 250

The PoS will be a mix of having a node running.. do not have to be mining but should take part in the network, a coinage on the account with a minimum of (no decided.. 72hours maybe) and a minimum amount that the account holds. The most important part is to actually have a node running that takes part in the p2p network. As you hear.. it is similar to other pos systems, but the payout to nodes is not centralized. There  will also be mining involved.. so it is a hybrid.

Nice! Please set decent minimum amount needed for stake. 20k for example, especially in case of hybrid.

btw, what PoS % and PoW reward will be after switch to hybrid mode?
newbie
Activity: 2
Merit: 0
Hi team,

Why is it saying the following error when no contract has been created?

Code:
[tt][sub][sub]I1011 05:20:01.451406    7140 handler.go:185] Peer c4c7b45d9751f329 [shift/61]: peer connected [SHIFT/v0.4.0/linux/go1.5.1]
I1011 05:20:01.508971    7140 transaction_pool.go:292] tx error: Insufficient funds for gas * price + value
I1011 05:20:01.510020    7140 transaction_pool.go:292] tx error: Insufficient funds for gas * price + value[/sub][/sub][/tt]
member
Activity: 70
Merit: 10
I'm not reading very often the thread, can someone update shortly about what's going on?
Pow is going to finish? when? thank you


No one has invented PoS for Ethereum based coins yet. It might be 1 year or more away.

I would suspect there will be a PoS test net for Ethereum set up way before they officially release it on Ethereum. There is a chance SHF could go PoS within 6 months.



Yeah I guess can't rush something that isn't created yet! Looking forward to it all

We will accomplish PoS in less than 6 months for sure. It might take weeks.. a month or two?

Regards
great I will hold my coins longer! And at this price I will buy more too
sr. member
Activity: 484
Merit: 251
The PoS will be a mix of having a node running.. do not have to be mining but should take part in the network, a coinage on the account with a minimum of (no decided.. 72hours maybe) and a minimum amount that the account holds. The most important part is to actually have a node running that takes part in the p2p network. As you hear.. it is similar to other pos systems, but the payout to nodes is not centralized. There  will also be mining involved.. so it is a hybrid.
Looks very interesting! I am looking forward to stake my coins while solo mining.
Congratulations on all development so far and I hope Shift will have a bright future.

Speaking of solo mining, does anyone know which graphic card is best to mine shift?
hero member
Activity: 483
Merit: 510
The Shift Team
I'm not reading very often the thread, can someone update shortly about what's going on?
Pow is going to finish? when? thank you


No one has invented PoS for Ethereum based coins yet. It might be 1 year or more away.

I would suspect there will be a PoS test net for Ethereum set up way before they officially release it on Ethereum. There is a chance SHF could go PoS within 6 months.



Yeah I guess can't rush something that isn't created yet! Looking forward to it all

We will accomplish PoS in less than 6 months for sure. It might take weeks.. a month or two?

Regards

PoS would be killer.
Keep up the good work dev team i'll be following for updates

The PoS will be a mix of having a node running.. do not have to be mining but should take part in the network, a coinage on the account with a minimum of (no decided.. 72hours maybe) and a minimum amount that the account holds. The most important part is to actually have a node running that takes part in the p2p network. As you hear.. it is similar to other pos systems, but the payout to nodes is not centralized. There  will also be mining involved.. so it is a hybrid.
full member
Activity: 154
Merit: 104
I'm not reading very often the thread, can someone update shortly about what's going on?
Pow is going to finish? when? thank you


No one has invented PoS for Ethereum based coins yet. It might be 1 year or more away.

I would suspect there will be a PoS test net for Ethereum set up way before they officially release it on Ethereum. There is a chance SHF could go PoS within 6 months.



Yeah I guess can't rush something that isn't created yet! Looking forward to it all

We will accomplish PoS in less than 6 months for sure. It might take weeks.. a month or two?

Regards

PoS would be killer.
Keep up the good work dev team i'll be following for updates
hero member
Activity: 483
Merit: 510
The Shift Team
I'm not reading very often the thread, can someone update shortly about what's going on?
Pow is going to finish? when? thank you


No one has invented PoS for Ethereum based coins yet. It might be 1 year or more away.

I would suspect there will be a PoS test net for Ethereum set up way before they officially release it on Ethereum. There is a chance SHF could go PoS within 6 months.



Yeah I guess can't rush something that isn't created yet! Looking forward to it all

We will accomplish PoS in less than 6 months for sure. It might take weeks.. a month or two?

Regards
hero member
Activity: 658
Merit: 500
I'm not reading very often the thread, can someone update shortly about what's going on?
Pow is going to finish? when? thank you


No one has invented PoS for Ethereum based coins yet. It might be 1 year or more away.

I would suspect there will be a PoS test net for Ethereum set up way before they officially release it on Ethereum. There is a chance SHF could go PoS within 6 months.



Yeah I guess can't rush something that isn't created yet! Looking forward to it all
hero member
Activity: 868
Merit: 1000
I'm following this coin.
Unfortunatelly it was the first for a few days.
Now,ETH forks are coming out quickly,and main problem is that there is no pos and no possibility to build nice wallets with feature inside.

So,they all looks similar.

Anyway, good job, and glad dev is still active.

Good luck
legendary
Activity: 2184
Merit: 1011
Franko is Freedom
Mining shift not profitable at the moment, better to mine eth or exp.

no really

EXP - block are about every 2 min or more  (diff is still too high - target meant to be 60 sec) . Current Diff is 550Ghs ? about 4 EXP mine per 1 min
SHIFT  block have been avg around 25-35  . Diff is 50 ghs get about 4 block a min = 3 shift X 4 block = 12 SHIFT a min

So If the Difficulty is around 10X more then Shift .... you earn less then half ..... so the EXP price need to be close to 20X the price of shift

SHF = BTC0.00005000
EXP = BTC0.00016000

EXP need to be closer to BTC0.00100000

Eth is easy to calculate http://badmofo.github.io/ethereum-mining-calculator/


Mining 1 x 280x  per day

Ether = 2.051402 ETHER = BTC0.0050
EXP =Get about 3.5 block X 8 EXP =  28 EXP = BTC0.00448
Shift = about 40 -45 block depends how lucky you are X 3 = 120 SHIFT = BTC0.0060



EXP also releases 1% of 11 million coins every month. So 110,000 coins to developers every month. You could call these coins proof-of-dev mined coins... If developers don't do enough work then they sell the coins for cheaper then PoW miners. If developers do tons of work then they can't sell their coins cheaper then PoW miners.


SHIFT is by far the best to mine. I'm holding my coins for a long time so I don't really see them as worth 0.0060 BTC. I see them worth 120 SHF or 120/2,200,000 of all the coins. Compared to the other you get 2/72,000,000 ETH or 28/14,000,000 EXP. You are getting 10,000x and 100x odds against the other choices.


The SHIFT community is really good so far. This coin is the best buy in all of crypto right now. All the community and devs would have to do is switch to PoS as soon as it's available and tested, make a few of the coolest open source DApps, get 10,000+ or more users and then the coin should be worth over a few million $ marketcap.




To be fair we dont sell most of what we get, we use them to stimulate growth and development. Smiley
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