BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes) - page 440.

sunk818

full member

Activity: 1176

Merit: 111

Quote from: bible_pay on June 11, 2018, 07:48:42 AM

Side project for a zealous taker:

I receive questions from various partners via e-mail about 'What is the biblepay governance system and what are proposals, budgets and how do i submit a proposal'.

I respond with various links that we have established, mostly to the credit of Togo. Although I think we have good coverage on how to add a proposal and what a proposal is I believe our documentation is lacking on 'What is the governance system, and what are the details of the proposals'.

I found this from Dash:
https://docs.dash.org/en/latest/governance/understanding.html

And although this is excellent, and I want to give credit to Dash, I feel we should have our own version on our wiki page to refer them to.
So I am wondering if someone wants to paraphrase this content, use biblepay screenshots, and of course give all the credit to dash in various places (IE - This was originally created by Dash) and full credit in the footer.

In this way we will have a more professional and consolidated reference to hand out to our partners.

I think using .git for versioning and forking from existing documentation is helpful.

winters03

newbie

Activity: 13

Merit: 0

Hi, can someone help? I'm having trouble starting mining.

I've associated (i think) my wallet with BOINC (ran exec associate user pass), 'exec getboincinfo' shows the same cpid as on the boinc site. I'm staking 2700 BBP, and my RAC is 46. The address i'm mining to is 'BKPfggkek4C5x7NDifRjfxTJJXLU5sZJgD'. However, my mining pool (purepool) doesn't show my stats (404 error) and my magnitude is still 0.

I had to set up a lot of stuff, i'm not sure which part might not be working.

P.S. some people say that you need to make your machines public in BOINC. I'm not sure how, but I can view the url for my computer without being logged in. I guess that means it's public?

biblepay.conf

Quote

addnode=node.biblepay.org
gen=1
genproclimit=1

pool=https://pool.purepool.org
workerid=BKPfggkek4C5x7NDifRjfxTJJXLU5sZJgD

utxoamount=2700

biblepay-cli exec getboincinfo

Quote

{
  "Command": "getboincinfo",
  "CPID": "5fe7947b58a52d6ec28a84e2c6ed9030",
  "Address": "BJ14HdoNeisomHhzGybZYsJX8bxUVpVCcN",
  "CPIDS": "5fe7947b58a52d6ec28a84e2c6ed9030;",
  "CPID-Age (hours)": 424655,
  "NextSuperblockHeight": 52070,
  "NextSuperblockBudget": 1144187,
  "5fe7947b58a52d6ec28a84e2c6ed9030_ADDRESS": "BJ14HdoNeisomHhzGybZYsJX8bxUVpVCcN",
  "5fe7947b58a52d6ec28a84e2c6ed9030_RAC": 46.25,
  "5fe7947b58a52d6ec28a84e2c6ed9030_TEAM": 15044,
  "5fe7947b58a52d6ec28a84e2c6ed9030_WCGRAC": 0,
  "5fe7947b58a52d6ec28a84e2c6ed9030_TaskWeight": 100,
  "5fe7947b58a52d6ec28a84e2c6ed9030_UTXOWeight": 2298,
  "Total_RAC": 46.25,
  "Total Payments (One Day)": 0,
  "Total Payments (One Week)": 0,
  "Total Budget (One Day)": 1144187,
  "Total Budget (One Week)": 8009309,
  "Superblock Count (One Week)": 8,
  "Superblock Hit Count (One Week)": 8,
  "Superblock List": "51865,51660,51455,51250,51045,50840,50635,50430",
  "Last Superblock Height": 51865,
  "Last Superblock Budget": 1144187,
  "Last Superblock Payment": 0,
  "Magnitude (One-Day)": 0,
  "Magnitude (One-Week)": 0
}

biblepay-cli getmininginfo

Quote

{
  "blocks": 51939,
  "currentblocksize": 1804,
  "currentblocktx": 1,
  "difficulty_podc": 1914.913598126074,
  "difficulty_pow": 7454.874861986194,
  "difficulty": 1914.913598126074,
  "errors": "",
  "genproclimit": 1,
  "networkhashps": 1727038.466539418,
  "hashps": 87.28869877380799,
  "minerstarttime": "06-11-2018 19:13:40",
  "hashcounter": 1296682,
  "pooledtx": 1,
  "testnet": false,
  "chain": "main",
  "biblepay-generate": true,
  "poolinfo1": "",
  "poolinfo2": "",
  "poolinfo3": "",
  "podc_tried": 6,
  "podc_sent": 1,
  "podc_sent_amount": 1017.5,
  "podc_average_amount_sent": 1007.425742574258,
  "miningpulse": 2214,
  "poolmining": true,
  "pool_url": "https://pool.purepool.org",
  "poolmining_use_ssl": true
}

sunk818

full member

Activity: 1176

Merit: 111

Quote from: noxpost on June 10, 2018, 03:27:55 PM

Man, what's up with our POW difficulty right now? 26006 - and it's been over an hour since the last block as a result. Crazy.

I don't understand this obsession with PoW difficulty. Difficulty goes up and down to keep the average blocktime as close to 7 minutes as possible. Since network hashrate changes and time to produce an acceptable hash is not guaranteed, you will see fluctuation of blocktime and difficulty. Ideally, you want the smallest gap between min & max time between blocks but this not possible with proof-of-work algorithm.

sunk818

full member

Activity: 1176

Merit: 111

Quote from: bible_pay on June 11, 2018, 07:31:53 AM

Btw, the WCG credit factor has been reduced to 0 today.

We are still waiting for WCG/IBM to send us the data consumption agreement Sad

.

https://www.worldcommunitygrid.org/forums/wcg/viewthread_thread,40876

Not hopeful after reading that.

Quote

But since IBM is a commercial entity that focuses on selling technology solutions, we felt that the agreement drafted for World Community Grid wasn't sufficiently geared towards volunteers. The World Community Grid team feels strongly that, in the long run, it's better for us to continue to work with the legal team to push for an agreement that we believe will meet volunteers' needs as well as IBM's needs, rather than give volunteers an agreement that is more geared towards commercial engagements and is not as relevant to a philanthropic initiative.

BtcMan2009

sr. member

Activity: 1022

Merit: 340

It seems like everything as usual, everything depends on the cost of adding coins to the stock exchange. In recent months, very much increased the rate of addition to the exchange, I think it also plays a big role in the selection of the exchange.
But of course, if there is an addition to other exchanges, it is better to wait for another addition.

operabit

legendary

Activity: 1162

Merit: 1000

Quote from: Seyar on June 11, 2018, 11:17:59 AM

Quote from: bible_pay on June 11, 2018, 09:52:01 AM

Quote from: Sun Sky on June 11, 2018, 08:14:59 AM

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

We are supposed to be listed on CryptoBridge in one month, Luke has a full report of more detailed exchange info, We are close to being listed on NEXTExchange, (our votes hit the threshhold). We have a hard offer to be listed on coinexchange.io for 2 BTC.

As far as price, I can't really comment as that could be a conflict of interest but we are deflationary (by 19.5% per year) so please see the average coin appreciation since inception and see if it has grown by ~ that amount etc, that may be a good starting point.

We have been keeping up with the roadmap, so the future looks bright for the orphans.

Yobit is easy listing for 0.5 BTC and pretty good volume.

Wait, why should yobit? but often get bad feedback from traders, you should look for other exchanges such as cryptopia or coinexchange.

Cora_ED

jr. member

Activity: 140

Merit: 1

In General, now I look at the market and all prices have fallen very much. It looks very attractive to buy everything. I think this is a very good and worthy project and soon the expectations of investors will be met. I think soon the coin will fly up and now we need to buy

slovakia

full member

Activity: 770

Merit: 100

new info from WCG

https://www.worldcommunitygrid.org/forums/wcg/viewthread_thread,40876_offset,0#584818

slovakia

full member

Activity: 770

Merit: 100

Dan (CoinMarketCap)

Jun 11, 2:59 PM EDT

Hi,

Our support rep has indicated that your request has been resolved. Please note that it may take some time for the changes to be reflected on the website.

If you believe that the changes have not been reflected correctly after 24 hours, please reply to this email to notify the support team.

Sincerely,
CoinMarketCap Support

Please describe in as much detail possible what you wish to update.
hello, announcement of BIBLEPAY is bad.....this is correct https://bitcointalksearch.org/topic/m.39903134 thanks

so it looks good

togoshigekata

full member

Activity: 1260

Merit: 115

https://coinmarketcap.com/currencies/biblepay/

slovakia

full member

Activity: 770

Merit: 100

TOGO coinmarket changed Announcement to bad forum ... i sent correct info

ROSETTA is under maintenance

616westwarmoth

full member

Activity: 406

Merit: 101

Quote from: Sun Sky on June 11, 2018, 08:14:59 AM

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

While this should not be investing advice, a few things to look at.

We were a $0.007 (7/100ths of a cent) coin for most of the first four months. When masternodes (sanctuaries) were announced, our price jumped (and this was also during the big run up in crypto in general). When the January crypto correction took place, we dropped as well. For most of this year since January, we've bounced between $0.0025 and $0.0033 (one quarter to one third of a cent).

Gridcoin, which is a significantly older project, has a market cap of between 6 and 7 times what ours is. We do some things that are similar (BOINC) although they do that to a broader degree. However, we do things they don't (direct charity, Masternodes). My personal feeling is that we should be much closer to their valuation, and a rally in the crypto markets could put us in a position where we MIGHT be able to sustain a price at or above one penny.

616westwarmoth

full member

Activity: 406

Merit: 101

Quote from: MIP on June 11, 2018, 02:27:34 AM

Quote from: capulo on June 10, 2018, 04:26:42 PM

these fees are simple math. you can stake 1.5m to masternode, or to pool. 1.5m is ~75k rac and this is about 10k bbp/day vs 4k bpp/day from masternode
so fees are covering losses to not stake as masternode

but 65% is still better than 0% for most of beginners...

You inconsciously forgot the cost of generating 75k RAC, which is about 600-800€ a month.

Of course, this is not the case for the people that are hijacking from his boss' hardware and power grid.

The operator of the pool should be able to, in my view, get a return that is at least that of what they would get by running Sanctuaries with the stake. I would predict that to run the pool, it will need to be staking close to 9M BBP in the very near future (that would only cover 450K RAC which is roughly 6% of our total team RAC). With 9M BBP, the operator could run essentially 6 Sanctuaries as far less cost and headache. Right now a 450K RAC would pay about 70K BBP/day, 35% fee would make the operator just under 25K BBP/day. 6 sanctuaries would make roughly 23,500 a day. So if anything 35% is to me unfair to the operator and insufficient.

616westwarmoth

full member

Activity: 406

Merit: 101

Quote from: Dimarzio123 on June 10, 2018, 05:30:12 AM

Quote from: thesnat21 on June 09, 2018, 03:28:55 PM

With the next mandatory, is there going to be another poll on the staking requirement?

Or is everyone happy with how things are currently?

Staking @ 20BBP / RAC is good in general.

I would like to see an exception for small users / new comers up to 500 RAC maxi - where they would have to stake only 1 BBP
This would make it easy to get newcomers onboard.
The more users / supporters / followers we bring in - the better will be the prospects for BBP.

IMO: making multiple accts that have to stay below 500RAC is just not worth the effort - so would not be a workaround to avoid staking.

PM

There is work being done by the GRCPool operator to make a BBP Pool which would eliminate the need for a new user to have stake. Fees are being worked out but likely will be 35% pretty soon, which given the staking requirements seems a bit low to me but a good starting mark.

While I'd like to think that 500 RAC would make it tough to cheat, I bet we'd see a huge increase in users and a lot of just under 500 users magically appear.

I was a proponent of staking per MAG but am in hindsight very happy with the way staking per RAC has worked. I don't think adjusting it at this point would be beneficial to the coin although if our coin valuation were to grow and stabilize at a significant multiple of where we are at now, I think re-evalutation might be warranted for staking and Sanctuary costs.

noxpost

jr. member

Activity: 235

Merit: 3

Quote from: Seyar on June 11, 2018, 11:17:59 AM

Quote from: bible_pay on June 11, 2018, 09:52:01 AM

Quote from: Sun Sky on June 11, 2018, 08:14:59 AM

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

We are supposed to be listed on CryptoBridge in one month, Luke has a full report of more detailed exchange info, We are close to being listed on NEXTExchange, (our votes hit the threshhold). We have a hard offer to be listed on coinexchange.io for 2 BTC.

As far as price, I can't really comment as that could be a conflict of interest but we are deflationary (by 19.5% per year) so please see the average coin appreciation since inception and see if it has grown by ~ that amount etc, that may be a good starting point.

We have been keeping up with the roadmap, so the future looks bright for the orphans.

Yobit is easy listing for 0.5 BTC and pretty good volume.

Supposedly - but if you read back a few pages, we had somebody pay the 0.5 for premium listing and it never happened, and Yobit wasn't communicative - and that wasn't the first time Yobit has acted like that. I think we're pretty well done with them.

vahtis

newbie

Activity: 153

Merit: 0

Quote from: Seyar on June 11, 2018, 11:17:59 AM

Quote from: bible_pay on June 11, 2018, 09:52:01 AM

Quote from: Sun Sky on June 11, 2018, 08:14:59 AM

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

We are supposed to be listed on CryptoBridge in one month, Luke has a full report of more detailed exchange info, We are close to being listed on NEXTExchange, (our votes hit the threshhold). We have a hard offer to be listed on coinexchange.io for 2 BTC.

As far as price, I can't really comment as that could be a conflict of interest but we are deflationary (by 19.5% per year) so please see the average coin appreciation since inception and see if it has grown by ~ that amount etc, that may be a good starting point.

We have been keeping up with the roadmap, so the future looks bright for the orphans.

Yobit is easy listing for 0.5 BTC and pretty good volume.

As far I knwowow. Yobit has been paid and they have not even contacted devs.

Seyar

newbie

Activity: 60

Merit: 0

Quote from: bible_pay on June 11, 2018, 09:52:01 AM

Quote from: Sun Sky on June 11, 2018, 08:14:59 AM

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

We are supposed to be listed on CryptoBridge in one month, Luke has a full report of more detailed exchange info, We are close to being listed on NEXTExchange, (our votes hit the threshhold). We have a hard offer to be listed on coinexchange.io for 2 BTC.

As far as price, I can't really comment as that could be a conflict of interest but we are deflationary (by 19.5% per year) so please see the average coin appreciation since inception and see if it has grown by ~ that amount etc, that may be a good starting point.

We have been keeping up with the roadmap, so the future looks bright for the orphans.

Yobit is easy listing for 0.5 BTC and pretty good volume.

bible_pay

full member

Activity: 1176

Merit: 215

Jesus is the King of Kings and Lord of Lords

Quote from: Sun Sky on June 11, 2018, 08:14:59 AM

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

We are supposed to be listed on CryptoBridge in one month, Luke has a full report of more detailed exchange info, We are close to being listed on NEXTExchange, (our votes hit the threshhold). We have a hard offer to be listed on coinexchange.io for 2 BTC.

As far as price, I can't really comment as that could be a conflict of interest but we are deflationary (by 19.5% per year) so please see the average coin appreciation since inception and see if it has grown by ~ that amount etc, that may be a good starting point.

We have been keeping up with the roadmap, so the future looks bright for the orphans.

Sun Sky

member

Activity: 392

Merit: 11

Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.

thesnat21

jr. member

Activity: 490

Merit: 4

Quote from: bible_pay on June 11, 2018, 07:31:53 AM

Oh OK, thanks guys. I always look straight to timestamps so I never noticed. The FTP server was down, thats usually pretty solid. Interesting. OK, I restarted it and now we are reporting accurate info again.

This just affected the superblock view report in the pool, which is obviously important.

Btw, the WCG credit factor has been reduced to 0 today.

We are still waiting for WCG/IBM to send us the data consumption agreement Sad

.

Thanks for fixing it, i'll try to be more clear next time ..

Topic: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes) - page 440. (Read 243386 times)