Todays announcement has been postponed until we have 90% of wallets on the current version. Please check your wallet and make sure you are on version 3.0.0.1
If you need help, please head over to the discord
Topic: [B3]B3Coin Hybrid POW/POS [Scrypt] - ANTI-INSTAMINE, NO PREMINE, NO ICO, NO IPO - page 121. (Read 242093 times)
November 15, 2017, 04:03:00 AM
November 15, 2017, 03:39:55 AM
75 billion already? at the end of the 10k POS we will have more circulating supply than doge, and after another 100% pos we will have like 250 billion. Wonder how devs calculated the inflation in the first place.
November 14, 2017, 11:16:35 PM
Why everyone is silent about this:
Total Supply
72,124,854,612 B3
Max Supply
2,000,000,000 B3
Total Supply
72,124,854,612 B3
Max Supply
2,000,000,000 B3
No one is silent about this... it's said on almost every page.
Email the website and ask them to fix it.
November 14, 2017, 11:15:46 PM
Why everyone is silent about this:
Total Supply
72,124,854,612 B3
Max Supply
2,000,000,000 B3
Total Supply
72,124,854,612 B3
Max Supply
2,000,000,000 B3
November 14, 2017, 10:38:04 PM
Downloaded new wallet, but it's offline most of the time. Sometimes see 1 connection pop up. Anyone know whats happening?
Logon to the Dischord Channel via the b3coin.net website.
then join the wallet0-help channel, there is a conf file in there that has all the node IP's.
That should will give you more connections.
Peace!
To the MOON w/B3!
November 14, 2017, 10:32:11 PM
Downloaded new wallet, but it's offline most of the time. Sometimes see 1 connection pop up. Anyone know whats happening?
November 14, 2017, 06:41:44 PM
...just a info
Kind Regards Christian
November 14, 2017, 04:05:51 PM
Everyone Hereby Please have a ear and eyes over this,
We implemented a new concept, and we named it as Fundamental Node, also we are working on new protocol and named it burnt proof, similar to proof-of-burn, but it is different, since "Proof-of-burn" name is already reserved we say it "Burnt-Proof"
The main difference between masternodes and "fundamental nodes" is , in masternodes , you lock your coins wallet, and this helps network, however you can later spend your coins, on promise that you no longer earn a masternode reward. But, in Fundamental nodes, you have to send a special transaction to yourself which destroy your coins, and you will came up with a proof that YOU destroyed your coins, and now by submitting this proof you will get privilege and will earn rewards, this create a trust on network, (Proof-Of-Trust), the rewards here is came from block, as in masternodes, since, the block rewards are some short of random, this means the fundamental node rewards are random you can compare it with lottery, you can get 20 million coins in one shot, just by destroying 2.5 million coins.
The need of this system came from very high inflation, this method will reduce the circulating money supply as well as total money supply. Till now burning means sending funds to an invalid address, so that they can't be spent or used by anyone, this method is good, but this doesn't change total money supply, but Fundamental node payment does it.
We will soon release a white and yellow paper for it.
We implemented a new concept, and we named it as Fundamental Node, also we are working on new protocol and named it burnt proof, similar to proof-of-burn, but it is different, since "Proof-of-burn" name is already reserved we say it "Burnt-Proof"
The main difference between masternodes and "fundamental nodes" is , in masternodes , you lock your coins wallet, and this helps network, however you can later spend your coins, on promise that you no longer earn a masternode reward. But, in Fundamental nodes, you have to send a special transaction to yourself which destroy your coins, and you will came up with a proof that YOU destroyed your coins, and now by submitting this proof you will get privilege and will earn rewards, this create a trust on network, (Proof-Of-Trust), the rewards here is came from block, as in masternodes, since, the block rewards are some short of random, this means the fundamental node rewards are random you can compare it with lottery, you can get 20 million coins in one shot, just by destroying 2.5 million coins.
The need of this system came from very high inflation, this method will reduce the circulating money supply as well as total money supply. Till now burning means sending funds to an invalid address, so that they can't be spent or used by anyone, this method is good, but this doesn't change total money supply, but Fundamental node payment does it.
We will soon release a white and yellow paper for it.
I have 4 questions:
1.) Since we are to compare masternode rewards to the lottery, does that analogy imply that a masternode may never get any reward? Or, is it more like staking, so that over time, it's more likely to get a reward, and is guaranteed to get a reward eventually?
2.) Is 2.5 million the official number of coins to buy a masternode?
3.) Will the price of a masternode (in B3 coins) increase later, and if so, when?
4.) Are you working with any VPS hosting services that will provide B3 masternode hosting out-of-the-box?
Thank You!
November 14, 2017, 02:13:36 PM
Everyone must upgrade their wallet right away, to be ready for Fundamental Nodes.
Wallet links:
http://b3coin.net/#features
Wallet links:
http://b3coin.net/#features
November 14, 2017, 12:40:28 PM
why Total Supply are over Max Supply by billions 
November 14, 2017, 11:21:44 AM
That the price dropped to one Satoshi means of the currencythe end and and will not rise again, I do not know how to face inflation and quantity in billions coin
November 14, 2017, 09:44:39 AM
just by destroying 2.5 million coins.
So it's 2.5 mlns coins then ?
Or was it just for the example/explanation ?
November 14, 2017, 08:59:40 AM
Everyone Hereby Please have a ear and eyes over this,
We implemented a new concept, and we named it as Fundamental Node, also we are working on new protocol and named it burnt proof, similar to proof-of-burn, but it is different, since "Proof-of-burn" name is already reserved we say it "Burnt-Proof"
The main difference between masternodes and "fundamental nodes" is , in masternodes , you lock your coins wallet, and this helps network, however you can later spend your coins, on promise that you no longer earn a masternode reward. But, in Fundamental nodes, you have to send a special transaction to yourself which destroy your coins, and you will came up with a proof that YOU destroyed your coins, and now by submitting this proof you will get privilege and will earn rewards, this create a trust on network, (Proof-Of-Trust), the rewards here is came from block, as in masternodes, since, the block rewards are some short of random, this means the fundamental node rewards are random you can compare it with lottery, you can get 20 million coins in one shot, just by destroying 2.5 million coins.
The need of this system came from very high inflation, this method will reduce the circulating money supply as well as total money supply. Till now burning means sending funds to an invalid address, so that they can't be spent or used by anyone, this method is good, but this doesn't change total money supply, but Fundamental node payment does it.
We will soon release a white and yellow paper for it.
I hope that this does not interfere with the staking?We implemented a new concept, and we named it as Fundamental Node, also we are working on new protocol and named it burnt proof, similar to proof-of-burn, but it is different, since "Proof-of-burn" name is already reserved we say it "Burnt-Proof"
The main difference between masternodes and "fundamental nodes" is , in masternodes , you lock your coins wallet, and this helps network, however you can later spend your coins, on promise that you no longer earn a masternode reward. But, in Fundamental nodes, you have to send a special transaction to yourself which destroy your coins, and you will came up with a proof that YOU destroyed your coins, and now by submitting this proof you will get privilege and will earn rewards, this create a trust on network, (Proof-Of-Trust), the rewards here is came from block, as in masternodes, since, the block rewards are some short of random, this means the fundamental node rewards are random you can compare it with lottery, you can get 20 million coins in one shot, just by destroying 2.5 million coins.
The need of this system came from very high inflation, this method will reduce the circulating money supply as well as total money supply. Till now burning means sending funds to an invalid address, so that they can't be spent or used by anyone, this method is good, but this doesn't change total money supply, but Fundamental node payment does it.
We will soon release a white and yellow paper for it.
What percent of the stake are the Fundamental Node going to be receiving?
2.5 million for a node? I don't mind burning that much. I could pick up a couple nodes then. But what is the minimum payout that we could see?
November 14, 2017, 08:19:20 AM
November 14, 2017, 08:19:08 AM
***How do I update my wallet to version 3.0.0.1***
1. Download the new wallet
Windows & MAC: https://github.com/B3-Coin/B3-CoinV2/releases/tag/v3.0.0.1 and save it somewhere easy to find.
2. Backup your wallet file.
3. Close your B3 wallet.
4. Start the new wallet by double clicking the file you just downloaded.
5. Click `Help>Debug window` and make sure that Client version is `v3.0.0.1-B3`
1. Download the new wallet
Windows & MAC: https://github.com/B3-Coin/B3-CoinV2/releases/tag/v3.0.0.1 and save it somewhere easy to find.
2. Backup your wallet file.
3. Close your B3 wallet.
4. Start the new wallet by double clicking the file you just downloaded.
5. Click `Help>Debug window` and make sure that Client version is `v3.0.0.1-B3`
November 14, 2017, 06:57:37 AM
Loving the idea of fundamental nodes, brilliant way to bring supply down
November 14, 2017, 04:36:57 AM
Everyone Hereby Please have a ear and eyes over this,
We implemented a new concept, and we named it as Fundamental Node, also we are working on new protocol and named it burnt proof, similar to proof-of-burn, but it is different, since "Proof-of-burn" name is already reserved we say it "Burnt-Proof"
The main difference between masternodes and "fundamental nodes" is , in masternodes , you lock your coins wallet, and this helps network, however you can later spend your coins, on promise that you no longer earn a masternode reward. But, in Fundamental nodes, you have to send a special transaction to yourself which destroy your coins, and you will came up with a proof that YOU destroyed your coins, and now by submitting this proof you will get privilege and will earn rewards, this create a trust on network, (Proof-Of-Trust), the rewards here is came from block, as in masternodes, since, the block rewards are some short of random, this means the fundamental node rewards are random you can compare it with lottery, you can get 20 million coins in one shot, just by destroying 2.5 million coins.
The need of this system came from very high inflation, this method will reduce the circulating money supply as well as total money supply. Till now burning means sending funds to an invalid address, so that they can't be spent or used by anyone, this method is good, but this doesn't change total money supply, but Fundamental node payment does it.
We will soon release a white and yellow paper for it.
I hope that this does not interfere with the staking?We implemented a new concept, and we named it as Fundamental Node, also we are working on new protocol and named it burnt proof, similar to proof-of-burn, but it is different, since "Proof-of-burn" name is already reserved we say it "Burnt-Proof"
The main difference between masternodes and "fundamental nodes" is , in masternodes , you lock your coins wallet, and this helps network, however you can later spend your coins, on promise that you no longer earn a masternode reward. But, in Fundamental nodes, you have to send a special transaction to yourself which destroy your coins, and you will came up with a proof that YOU destroyed your coins, and now by submitting this proof you will get privilege and will earn rewards, this create a trust on network, (Proof-Of-Trust), the rewards here is came from block, as in masternodes, since, the block rewards are some short of random, this means the fundamental node rewards are random you can compare it with lottery, you can get 20 million coins in one shot, just by destroying 2.5 million coins.
The need of this system came from very high inflation, this method will reduce the circulating money supply as well as total money supply. Till now burning means sending funds to an invalid address, so that they can't be spent or used by anyone, this method is good, but this doesn't change total money supply, but Fundamental node payment does it.
We will soon release a white and yellow paper for it.
What percent of the stake are the Fundamental Node going to be receiving?
November 14, 2017, 04:34:01 AM
Wtf 10000 % for pos ? Dont u think. Thats so much. Ans there is already billions coins ?
There is only a couple of weeks left of 10.000% - after that it will be more stable with Masternode etc.
November 14, 2017, 04:32:57 AM
Everyone Hereby Please have a ear and eyes over this,
We implemented a new concept, and we named it as Fundamental Node, also we are working on new protocol and named it burnt proof, similar to proof-of-burn, but it is different, since "Proof-of-burn" name is already reserved we say it "Burnt-Proof"
The main difference between masternodes and "fundamental nodes" is , in masternodes , you lock your coins wallet, and this helps network, however you can later spend your coins, on promise that you no longer earn a masternode reward. But, in Fundamental nodes, you have to send a special transaction to yourself which destroy your coins, and you will came up with a proof that YOU destroyed your coins, and now by submitting this proof you will get privilege and will earn rewards, this create a trust on network, (Proof-Of-Trust), the rewards here is came from block, as in masternodes, since, the block rewards are some short of random, this means the fundamental node rewards are random you can compare it with lottery, you can get 20 million coins in one shot, just by destroying 2.5 million coins.
The need of this system came from very high inflation, this method will reduce the circulating money supply as well as total money supply. Till now burning means sending funds to an invalid address, so that they can't be spent or used by anyone, this method is good, but this doesn't change total money supply, but Fundamental node payment does it.
We will soon release a white and yellow paper for it.
I hope that this does not interfere with the staking?We implemented a new concept, and we named it as Fundamental Node, also we are working on new protocol and named it burnt proof, similar to proof-of-burn, but it is different, since "Proof-of-burn" name is already reserved we say it "Burnt-Proof"
The main difference between masternodes and "fundamental nodes" is , in masternodes , you lock your coins wallet, and this helps network, however you can later spend your coins, on promise that you no longer earn a masternode reward. But, in Fundamental nodes, you have to send a special transaction to yourself which destroy your coins, and you will came up with a proof that YOU destroyed your coins, and now by submitting this proof you will get privilege and will earn rewards, this create a trust on network, (Proof-Of-Trust), the rewards here is came from block, as in masternodes, since, the block rewards are some short of random, this means the fundamental node rewards are random you can compare it with lottery, you can get 20 million coins in one shot, just by destroying 2.5 million coins.
The need of this system came from very high inflation, this method will reduce the circulating money supply as well as total money supply. Till now burning means sending funds to an invalid address, so that they can't be spent or used by anyone, this method is good, but this doesn't change total money supply, but Fundamental node payment does it.
We will soon release a white and yellow paper for it.
November 14, 2017, 04:23:10 AM
Wtf 10000 % for pos ? Dont u think. Thats so much. Ans there is already billions coins ?
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