Is there a plan to change the required coin amount for a masternode?
The current 1000 ARC masternode produce too little return, can't really sustain the VPS cost it runs on. This fact combined with the $60 price tag for a masternode could be an opportunity to rise the collateral requirement.
Raising collateral to 10.000 ARC would put the price of the masternode to $600 which is still one of the cheapest masternode out there and definitely the cheapest which is listed in a major exchange with decent liquidity. The new, bigger masternodes would produce enough income to support the price of a VPS as well make holding ARC and run a masternode a sustainable idea.
Topic: Arctic Coin (ARC), No premine, Evolution over 1 year - page 17. (Read 82177 times)
is the project death? There is no activity on github , no facebook twitter no nothing ... Suposed to be new website with new wallet lol
Wich p2p and port have Arctic to setup on my mining pool?
My wallet has been sitting at 9 hours behind for a while now. Should I just keep waiting?
for me its ok, and its not to much of "alarmy" and doesnt look like spam, keep it that way.
wow, that is really great job there Jay, the solution should be implemented by the DEV Team i guess?
Thank you! I am just the messenger for Komodo/@jl777B who does the real work ; )Like I mentioned - the bug is simple, but worthy of attention. It may or may not effect ARC GUI wallets. But developers and investors should know about it, definitely.
Looking for feedback on the header: is it TOO alarming? I don’t want to give the impression that a project’s wallet is broken. This is just a bug that COULD happen to anyone and COULD lead to funds misplaced.
wow, that is really great job there Jay, the solution should be implemented by the DEV Team i guess?
_________________________________________________
*** ALERT * WATCHONLY-GUI BUG * ALERT ***
____________________________________________
*** ALERT * WATCHONLY-GUI BUG * ALERT ***
____________________________________________
Greetings, friends at Arctic Coin! As Komodo Platform has been working around the clock to fine-tune the multiple GUI's that are the face of our Agama multiwallet and BarterDEX atomic swap protocols, there have obviously been many bugs found and many debugged. However, one bug in particular was found not only in our Agama GUI wallet, but also in the zcash4mac GUI swing wallet. It is a simple bug, but it warrants your attention. This is a potential money cost bug.
Arctic Coin (ARC) - As a Bitcoin-protocol cryptocurrency, your GUI wallet(s) may be susceptible to this bug.
ISSUE: 'watchonly' addresses appearing as your own in GUI wallet; users could potentially send funds to the address, unaware it is not theirs or available for withdrawal. You can import
FOUND: in Komodo Platform's Agama multiwallet (fixed) and zcash4mac GUI swing wallet (@jl777b: "newest QT wallet seems ok about watch only, but not sure of older and when it was fixed")
ex. @grewalsatinder found the bug in his zcash swing wallet: https://i.imgur.com/sVd0QTL.png
Quote from: jl777B
"satinder used zcash4mac, ie. the zcash osx GUI, not ours... the assumption is no GUI out there properly handles watch only addresses, until proven that they do... agama also had this bug, which we found and fixed, so it seems a very common bug to have"
SOLUTION: For the 'watchonly' address or any address not yours, the value 'ismine' returns false. Any such address gets filtered out.
QUESTIONS:
- How does your recommended GUI deal with watchonly addresses?
- Does your GUI display watchonly addresses as different than actual addresses in the wallet?
We need to experiment a bit to see which approach gets a better response triggering the bug. People WILL lose money if they send funds to a watchonly address.
Quote from: jl777B
"the t3 addresses in the 'Own Addresses' column! and they absolutely cant be as they are p2sh addresses. it is clear proof that the bug is very real and anybody that understands a p2sh address will understand it cant be something in your wallet. it is usually a multisig address, so only if it is a 1of1 multisig (possible but very silly) can you have a p2sh address that is spendable, but the wallet wont even know it... normal addresses can also be watchonly, which makes this even worse. in that case it would appear in the list of addresses just like all the others. even if you are able to spot p2sh addresses visually, it wont be enough"
I've been tasked with spreading awareness and facilitating discussion of this bug, so please let me know if you have any questions. I'll get you some answers and we can minimize the impact. We wanted to reach out directly to the developers of the 60+ coins featured on Agama and BarterDEX as the bug may have a direct impact on you (via your own GUI wallet).
- Jay
much of the coin is premined so that might give you the hint where this is going to happen
I really really don't understand this coin, I believed in it so much and have hodl and kept on buying yet the price keep dipping despite all the noise here and the fact that it is in many exchanges and has considerable consistent volume
I wonder if something is going on that we do not know
I wonder if something is going on that we do not know
when do we get update from the meeting that was on 6th december?
Hello! We are very grateful for your patience and interest in our meeting. Soon there will be a abig report from it! We are trying to make it as faster as we can! Thank u Hi there! Amazing project and very motivated team, it is great to be here with you all!
We are very thankful for your interest in our progect!!!
when do we get update from the meeting that was on 6th december?
Hello everybody
I created the step wall here https://steemit.com/masternode/@cliff-on-crypto/setup-arctic-coin-masternode-vps-step-by-step
And when I crashed the arcticcoind --daemon command at the small server
Lỗi: Không thể khởi chạy HTTP server. See debug log for details.
Someone pass this error please feel guided.
This error came up for me as well when I tried to run multiple masternodes on the same VPS. Are you trying to run your second MN when you have this error?
You know how to overcome this problem
please guide me.
Thank you for your attention
If you know how to get around please patience me
If you have 2 IPs and want to run 2 MN that shouldn't be a problem.
Set up the first masternode using the first IP.
Create a new user with admin rights (sudo)
Log in as the new user and set up the second masternode for the new IP as you have done in the first one (just enter the 2nd IP in the config file)
And add to your arcticcoin.conf for second node:
bind=your_second_ip:port
goldminenodeaddr=your_second_ip:port
i can't find my answer, can multi masterodes be on one vps?
thanks in advance
thanks in advance
yes it can be done, but you will need some advance linux knowledge to do that
Hi!
Did anyone completely start masternoda on PC? I used several advices to open 7209 port, but it's still closed.
Did anyone completely start masternoda on PC? I used several advices to open 7209 port, but it's still closed.
I haven't tried that, but if you plan to run the MN for a month at least, I would suggest to get a VPS for £1 from Aruba and set up the node there. The energy cost of your PC would be much higher than the VPS cost.
Hi!
Did anyone completely start masternoda on PC? I used several advices to open 7209 port, but it's still closed.
Did anyone completely start masternoda on PC? I used several advices to open 7209 port, but it's still closed.
Hello everybody
I created the step wall here https://steemit.com/masternode/@cliff-on-crypto/setup-arctic-coin-masternode-vps-step-by-step
And when I crashed the arcticcoind --daemon command at the small server
Lỗi: Không thể khởi chạy HTTP server. See debug log for details.
Someone pass this error please feel guided.
This error came up for me as well when I tried to run multiple masternodes on the same VPS. Are you trying to run your second MN when you have this error?
You know how to overcome this problem
please guide me.
Thank you for your attention
If you know how to get around please patience me
If you have 2 IPs and want to run 2 MN that shouldn't be a problem.
Set up the first masternode using the first IP.
Create a new user with admin rights (sudo)
Log in as the new user and set up the second masternode for the new IP as you have done in the first one (just enter the 2nd IP in the config file)
Arctic Meeting...Any summary of what was discussed?
Hello everybody
I created the step wall here https://steemit.com/masternode/@cliff-on-crypto/setup-arctic-coin-masternode-vps-step-by-step
And when I crashed the arcticcoind --daemon command at the small server
Lỗi: Không thể khởi chạy HTTP server. See debug log for details.
Someone pass this error please feel guided.
This error came up for me as well when I tried to run multiple masternodes on the same VPS. Are you trying to run your second MN when you have this error?
You know how to overcome this problem
please guide me.
Thank you for your attention
If you know how to get around please patience me
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