Topic: [ANN][SHIFT] The New Web | IPFS/Phantom | ShiftNrg.org Hosted Decentralized! - page 224. (Read 547597 times)
October 11, 2015, 09:13:26 PM
with a current total supply of 829,177 SHF is a great place to pick some more up.
October 11, 2015, 03:51:52 PM
If someone will fill my order I will be very glad, so buy high sell low to me. thank you 
haha gotta love them buy high sell low people but I don't know how much you will get done here..I tried
October 11, 2015, 02:44:32 PM
If someone will fill my order I will be very glad, so buy high sell low to me. thank you
October 11, 2015, 02:43:14 PM
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)
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?
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.
October 11, 2015, 01:10:06 PM
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)
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?
Regards
October 11, 2015, 09:42:17 AM
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)
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
October 11, 2015, 09:05:49 AM
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)
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)
October 11, 2015, 05:22:43 AM
Hi team,
Why is it saying the following error when no contract has been created?
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
October 11, 2015, 05:19:51 AM
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
October 11, 2015, 05:16:43 AM
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.
October 11, 2015, 12:54:20 AM
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?
October 10, 2015, 01:25:29 PM
Hi team,
Why is it saying the following error when no contract has been created?
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]
October 10, 2015, 08:33:07 AM
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
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
October 10, 2015, 05:16:42 AM
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?
October 10, 2015, 01:48:35 AM
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
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.
October 09, 2015, 02:31:36 AM
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
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
October 09, 2015, 01:26:17 AM
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
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
October 08, 2015, 05:51:27 PM
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
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
October 08, 2015, 04:17:53 PM
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
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
October 08, 2015, 04:10:21 PM
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.
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