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Topic: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes) - page 774. (Read 243376 times)

full member
Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
5 days and need new wallet = 1.7.0 is out    
Its not ready, thats why its not announced.

Don't listen to Slovakia, if you do you will end up in a ditch.

newbie
Activity: 56
Merit: 0
5 days and need new wallet = 1.7.0 is out    

Is there a quicker way to do updates than 'sudo make'.
command to just compile changes?
full member
Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
Exchange update, mandatory update etc:

So obviously with out rash of upgrades for Sanctuaries, I was trying to consolidate any last final things we need for our Exchange mandatory upgrade.  People have to realize that the exchange version has to be solid for the next 6 months, so everything has to be in it. 

So on the very bright side, I think we are 99% there for our End of Year release and it appears this will keep us going while we work on the next version of BiblePay, a stratis proof of concept, more gospel features, integration with partners who are making contact now, etc.  We will set up new roadmap IT goals for March 2018 and June 2018.

The exchange version needs a few more things.  Meaning that we will need one more mandatory upgrade, but you will have until block 23000 for this upgrade.

We need:  checkpoint, one field in the pool for f9000, sanctuary payment percentage & block height for spork8 enabling, and finally the miner has an efficiency gain coming (where we mine with distinct timestamps per thread).

After this is released we will open coinsmarkets.com with it.

This release should be ready by the end of the day.

Rob

full member
Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
the one issue is right now with the exchanges frozen, the price won't reflect what I think will happen (a gentle bump).  But I guess the payout on proposals isn't until January, which brings me to a question.  How do we word a proposal that doesn't cite specific amounts of BBP but rather a price/value?  Should the proposals say (using current $0.004444 and 23 sat values) 11,251 BBP to pay a $50 expense for some work done based on the current value or should they say, pay $50 in BBP and that price be determined on the payout day?  Likewise with prices in BTC, so the above, would the proposal say .125 BTC in BBP or should it say 544K BBP to pay a .125 BTC for a listing expense?

The two issues I see are in the first example (work done), citing the value as BBP puts a lot of risk of fluctuation.  Not singling out Togo because he's been HUGE in this, but he's asking for $600 at the current rate for a total of 135K BBP.  But if the price were to double between now and the January payouts, he would get a huge windfall, and likewise, if the price plummeted (if BTC dropped to $6K and we stayed at 23 sat), he would not get fairly paid.  Either is a poor outcome.  In the second case, we MUST pay .125 BTC worth of BBP so expressing it at 544K BBP isn't very workable.

https://www.dashforcenews.com/dash-budget-proposals-and-the-problem-of-extra-money/

https://www.dashforcenews.com/evaluating-how-much-a-dash-budget-proposal-is-worth/


We are worrying too much about this.  I want millionaires to become millionaires.  If we focus too long on this we risk missing bigger opportunities.  Imo, I would like to keep quoting proposals at our last midpoint, in BBP, and if one receives a windfall because the price rises, then they receive a windfall.  I dont mind if Togo becomes a millionaire, as Dash masternode owners did. 

Just be concious that once we do this, no one has the right to complain if BBP drops after they receive payment.  We are basically making a best effort to pay you at our market rate.

Also, once we are listed on a larger exchange, such as bittrex, that exchange will have the ability to absorb much bigger depth.  So its going to be more of a moot point in shorter terms.

These psychological problems arent ours.  It happens where good times turn to bad very quickly, we could be a $20 million coin one month and a $10 MM the next month, so I say lets take the good with the bad and work hard and look past the microstructure for a while.

My point was this.  Togo is awesome.  Well, that's just one of my points.  It's late so I'll read the DASH articles with fresh eyes tomorrow, but I have an idea what they're saying now.  I generally agree that anyone doing work for the project probably understands the risk/reward of fluctuation in price.  So I agree the best way for that sort of work should be to take the Coinmarketscap current price and ask accordingly (like Togo did).  The question then is how to address the fixed cost issue.  Let's say I propose we buy a Gift Ark package from Heifer International.  It's a $5000 expense.  Right now that would be 732K BBP.  If approved, it might not get minted for another week.  Since Heifer doesn't take BBP, we have to sell and pay in cash.  If the price dropped to $.001, then we'd be short $4000.  If the price jumped to $.015 we'd have $6000 too much.  Likewise the example where getting listed at an exchange needs paid in BTC.  What might be worth 1 BTC today, might not be sufficient in a week.  The way DASH handles this is the proposal "owner" ends up handling the transaction, if extra money is generating by a rising value, they are expected to be good stewards and use it wisely but they're not really specific on how to do that.  So far it's worked for them.  If the value declines, then they bank it and ask for the difference in the next cycle and hopefully get it.  That's not seemed to be such a problem as of late for them.

But the question boils down to how are we going to do it?

   I really think the answer is the person putting in the proposal must be ready to take on the risk of the currency dropping and fulfill the transaction 99% of the time.

    I believe we should have compassion on someone who is living paycheck to paycheck and runs short because they were trying to do a good deed for biblepay.  If you sell a heifer for $6000 and lose $500 in BBP while doing it, I suppose that person could put in a proposal the next month to make up the difference.   
   (But if that same person benefited greater than the deficit from BBP on more than one proposal, they should not be able to follow up for funds) .

    But this is exactly what I did not want this to become, a burdensome process.  Who will monitor it.  If someone will keep a spreadsheet, that is a good start, and is it worth it.






full member
Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
@adrianbits

This is probably my last reply to you. I just had a quick look at your post history. I think you may have found your opportunity and should definitely start your own crypto!

Ive been doing some simple blockchain projects in the past few months. Stuff like creating a wallet, learning to send coins, looking up transactions, etc

Id like to start to turn this hobby into billable hours

Can someone suggest how they made the transition into a paid blockchain programmer?
What kind of work is there and how to break in?

upwork job example:

"I’m looking for a freelancer to create a coin for me within a day."

LOL. id like to think there are better opportunities out there than this

OMG, that is hilarious.  What a hypocrite.  He calls us greedy for trying to raise money for children, but in reality he wanted to learn enough to start his own crypto.

full member
Activity: 406
Merit: 101
As name of Bible i bought 0.2 millions this coins and now its not trade on CoinsMarket Exchange and also showing Wallet in Maintenance in C-Cex exchange.
Totally helpless to withdraw and transfer to BBP wallet. PLz reply when will open Maintenance from C-CEX and new exchange for price booming..??


C-Cex and CoinsMarket Exchange are independent of BBP.  The hope is to get listed on a bigger, more stable exchange, but the C-Cex issues at this point is the result of the owner of the site going on vacation, which that owner should have likely made more clear sooner.  The CoinsMarket Exchange from what I understand is just waiting to make sure all the mandatory upgrading is done for the time being (which the Dev has stated it is).  I'd think that they'd be back on line sooner rather than later but it's really up to the operator of the site to make that determination to some extent.
newbie
Activity: 54
Merit: 0
masternode count

44


There are 44 masternodes now, and out of 44, there are some with status of "WATCHDOG_EXPIRED". I have mine without problem, but curious to know how will this status affected a masternode? Will "WATCHDOG_EXPIRED" still eligible at receiving masternode reward?

No it will stop after a while! you have to make sure to add a cron to run watchdog every minute so that it doesn't expire. It's in the guide.



Alex, will you point me to the guide? Thanks

Sure! I think there are two versions right now:

http://wiki.biblepay.org/Create_Sanctuary
http://wiki.biblepay.org/Create_Sanctuary_2

As name of Bible i bought 0.2 millions this coins and now its not trade on CoinsMarket Exchange and also showing Wallet in Maintenance in C-Cex exchange.
Totally helpless to withdraw and transfer to BBP wallet. PLz reply when will open Maintenance from C-CEX and new exchange for price booming..??


Price booming on the way?
full member
Activity: 406
Merit: 101
the one issue is right now with the exchanges frozen, the price won't reflect what I think will happen (a gentle bump).  But I guess the payout on proposals isn't until January, which brings me to a question.  How do we word a proposal that doesn't cite specific amounts of BBP but rather a price/value?  Should the proposals say (using current $0.004444 and 23 sat values) 11,251 BBP to pay a $50 expense for some work done based on the current value or should they say, pay $50 in BBP and that price be determined on the payout day?  Likewise with prices in BTC, so the above, would the proposal say .125 BTC in BBP or should it say 544K BBP to pay a .125 BTC for a listing expense?

The two issues I see are in the first example (work done), citing the value as BBP puts a lot of risk of fluctuation.  Not singling out Togo because he's been HUGE in this, but he's asking for $600 at the current rate for a total of 135K BBP.  But if the price were to double between now and the January payouts, he would get a huge windfall, and likewise, if the price plummeted (if BTC dropped to $6K and we stayed at 23 sat), he would not get fairly paid.  Either is a poor outcome.  In the second case, we MUST pay .125 BTC worth of BBP so expressing it at 544K BBP isn't very workable.

https://www.dashforcenews.com/dash-budget-proposals-and-the-problem-of-extra-money/

https://www.dashforcenews.com/evaluating-how-much-a-dash-budget-proposal-is-worth/


We are worrying too much about this.  I want millionaires to become millionaires.  If we focus too long on this we risk missing bigger opportunities.  Imo, I would like to keep quoting proposals at our last midpoint, in BBP, and if one receives a windfall because the price rises, then they receive a windfall.  I dont mind if Togo becomes a millionaire, as Dash masternode owners did. 

Just be concious that once we do this, no one has the right to complain if BBP drops after they receive payment.  We are basically making a best effort to pay you at our market rate.

Also, once we are listed on a larger exchange, such as bittrex, that exchange will have the ability to absorb much bigger depth.  So its going to be more of a moot point in shorter terms.

These psychological problems arent ours.  It happens where good times turn to bad very quickly, we could be a $20 million coin one month and a $10 MM the next month, so I say lets take the good with the bad and work hard and look past the microstructure for a while.

My point was this.  Togo is awesome.  Well, that's just one of my points.  It's late so I'll read the DASH articles with fresh eyes tomorrow, but I have an idea what they're saying now.  I generally agree that anyone doing work for the project probably understands the risk/reward of fluctuation in price.  So I agree the best way for that sort of work should be to take the Coinmarketscap current price and ask accordingly (like Togo did).  The question then is how to address the fixed cost issue.  Let's say I propose we buy a Gift Ark package from Heifer International.  It's a $5000 expense.  Right now that would be 732K BBP.  If approved, it might not get minted for another week.  Since Heifer doesn't take BBP, we have to sell and pay in cash.  If the price dropped to $.001, then we'd be short $4000.  If the price jumped to $.015 we'd have $6000 too much.  Likewise the example where getting listed at an exchange needs paid in BTC.  What might be worth 1 BTC today, might not be sufficient in a week.  The way DASH handles this is the proposal "owner" ends up handling the transaction, if extra money is generating by a rising value, they are expected to be good stewards and use it wisely but they're not really specific on how to do that.  So far it's worked for them.  If the value declines, then they bank it and ask for the difference in the next cycle and hopefully get it.  That's not seemed to be such a problem as of late for them.

But the question boils down to how are we going to do it?
member
Activity: 212
Merit: 10
masternode count

44


There are 44 masternodes now, and out of 44, there are some with status of "WATCHDOG_EXPIRED". I have mine without problem, but curious to know how will this status affected a masternode? Will "WATCHDOG_EXPIRED" still eligible at receiving masternode reward?

No it will stop after a while! you have to make sure to add a cron to run watchdog every minute so that it doesn't expire. It's in the guide.



Alex, will you point me to the guide? Thanks

Sure! I think there are two versions right now:

http://wiki.biblepay.org/Create_Sanctuary
http://wiki.biblepay.org/Create_Sanctuary_2

As name of Bible i bought 0.2 millions this coins and now its not trade on CoinsMarket Exchange and also showing Wallet in Maintenance in C-Cex exchange.
Totally helpless to withdraw and transfer to BBP wallet. PLz reply when will open Maintenance from C-CEX and new exchange for price booming..??
member
Activity: 98
Merit: 10
masternode count

44


There are 44 masternodes now, and out of 44, there are some with status of "WATCHDOG_EXPIRED". I have mine without problem, but curious to know how will this status affected a masternode? Will "WATCHDOG_EXPIRED" still eligible at receiving masternode reward?

No it will stop after a while! you have to make sure to add a cron to run watchdog every minute so that it doesn't expire. It's in the guide.



Alex, will you point me to the guide? Thanks

Sure! I think there are two versions right now:

http://wiki.biblepay.org/Create_Sanctuary
http://wiki.biblepay.org/Create_Sanctuary_2
member
Activity: 489
Merit: 12
masternode count

44


There are 44 masternodes now, and out of 44, there are some with status of "WATCHDOG_EXPIRED". I have mine without problem, but curious to know how will this status affected a masternode? Will "WATCHDOG_EXPIRED" still eligible at receiving masternode reward?

No it will stop after a while! you have to make sure to add a cron to run watchdog every minute so that it doesn't expire. It's in the guide.



Alex, will you point me to the guide? Thanks
member
Activity: 98
Merit: 10
@adrianbits

This is probably my last reply to you. I just had a quick look at your post history. I think you may have found your opportunity and should definitely start your own crypto!

Ive been doing some simple blockchain projects in the past few months. Stuff like creating a wallet, learning to send coins, looking up transactions, etc

Id like to start to turn this hobby into billable hours

Can someone suggest how they made the transition into a paid blockchain programmer?
What kind of work is there and how to break in?

upwork job example:

"I’m looking for a freelancer to create a coin for me within a day."

LOL. id like to think there are better opportunities out there than this
hero member
Activity: 714
Merit: 500
masternode count

44


There are 44 masternodes now, and out of 44, there are some with status of "WATCHDOG_EXPIRED". I have mine without problem, but curious to know how will this status affected a masternode? Will "WATCHDOG_EXPIRED" still eligible at receiving masternode reward?

No it will stop after a while! you have to make sure to add a cron to run watchdog every minute so that it doesn't expire. It's in the guide.



Noted. I have my MN run since day 1 without problem actually, status = "ENABLED". Thanks  Cheesy
member
Activity: 98
Merit: 10
masternode count

44


There are 44 masternodes now, and out of 44, there are some with status of "WATCHDOG_EXPIRED". I have mine without problem, but curious to know how will this status affected a masternode? Will "WATCHDOG_EXPIRED" still eligible at receiving masternode reward?

No it will stop after a while! you have to make sure to add a cron to run watchdog every minute so that it doesn't expire. It's in the guide.

hero member
Activity: 714
Merit: 500
masternode count

44


There are 44 masternodes now, and out of 44, there are some with status of "WATCHDOG_EXPIRED". I have mine without problem, but curious to know how will this status affected a masternode? Will "WATCHDOG_EXPIRED" still eligible at receiving masternode reward?
member
Activity: 98
Merit: 10
(1) I think that this pool version still works as you would just need to update biblepayd.

(2) He probably didn't have time to clean up his custom version with all his information and push it to github. I might be wrong but I think aikida was trying to set up a pool, he can share his experience with that.

(3) Do you really think he's banking with "the store"? He has to pay the amazon fees, api fees, minimum order conditions, take the financial/liquidity risks, etc.

(4) You believe that this project is evil and only there to make him richer...yet you don't seem to mind doing that yourself (owning bbp and using it to get richer, I see a contradiction here)
member
Activity: 98
Merit: 10
Alex can make a proposal for himself for his hard work.


Thank you! I think most of the hard work has been done by Rob so I think he should be the one taking up some of that IT budget first.

I -might- make a proposal for the revamp of the BX once it is completed and online (slowly getting there).


Of course. 100% markup at the store. 8% at the pool . Untold and hidden millions premining. Cheated and gamed exchange. Free masternodes for more free coins. $25 Amazon gift cards that cost YOU $50. "Stolen coins" and 'hacks'. Rebooted algorithm and difficulty 4 times in past 7 days. Did I miss anything?

SO OF COURSE DEAR LEADER DESERVES A RAISE!

Suckas! You are being played in the name of Jesus

I already addressed that in the previous post. On the other hand, I'm still wondering if you hold any BBP, made money with it or intent to make money with it.

Yes but Dear Leader deleted it.

I saw that deleted post and I believe you never tried to have a discussion about the content of that post and from your own words "didn't have any other concerns". I took time to address your concerns but you didn't bother reading anything. I think there's no much else that can be done.

If you're not opened to have a discussion, I think I was wrong and Rob was right in deleting your posts. You seem to be just a troll trying to make money.

Excuse me, you were not able to read my reply to you. Rob deletes me immediately. So you are incorrect.

Please tell me one thing since Dear Leader is away. Why is the pool still at 8% if it has mined over 1million everyday for the past 4 days?

I read that post before it was deleted so yes I saw it.

First, go back to the post were he said why the fees had to be increased, for how long and how they would eventually go back down. Assuming you're right with that number, that is only 80k a day. Again, go back to the post were he explained why he had to increase the fees.

Second, you're incorrect, the pool fees have already been reduced to 7% and they will keep going down.

Third, anyone can launch a pool as the source code is available and Rob would probably even help that person if they had any questions setting up that pool.
member
Activity: 98
Merit: 10
Alex can make a proposal for himself for his hard work.


Thank you! I think most of the hard work has been done by Rob so I think he should be the one taking up some of that IT budget first.

I -might- make a proposal for the revamp of the BX once it is completed and online (slowly getting there).


Of course. 100% markup at the store. 8% at the pool . Untold and hidden millions premining. Cheated and gamed exchange. Free masternodes for more free coins. $25 Amazon gift cards that cost YOU $50. "Stolen coins" and 'hacks'. Rebooted algorithm and difficulty 4 times in past 7 days. Did I miss anything?

SO OF COURSE DEAR LEADER DESERVES A RAISE!

Suckas! You are being played in the name of Jesus

I already addressed that in the previous post. On the other hand, I'm still wondering if you hold any BBP, made money with it or intent to make money with it.

Yes but Dear Leader deleted it.

I saw that deleted post and I believe you never tried to have a discussion about the content of that post and from your own words "didn't have any other concerns". I took time to address your concerns but you didn't bother reading anything. I think there's no much else that can be done.

If you're not opened to have a discussion, I think I was wrong and Rob was right in deleting your posts. You seem to be just a troll trying to make money.
newbie
Activity: 56
Merit: 0
Alex can make a proposal for himself for his hard work.


Thank you! I think most of the hard work has been done by Rob so I think he should be the one taking up some of that IT budget first.

I -might- make a proposal for the revamp of the BX once it is completed and online (slowly getting there).


Of course. 100% markup at the store. 8% at the pool . Untold and hidden millions premining. Cheated and gamed exchange. Free masternodes for more free coins. $25 Amazon gift cards that cost YOU $50. "Stolen coins" and 'hacks'. Rebooted algorithm and difficulty 4 times in past 7 days. Did I miss anything?

SO OF COURSE DEAR LEADER DESERVES A RAISE!

Suckas! You are being played in the name of Jesus

I already addressed that in the previous post. On the other hand, I'm still wondering if you hold any BBP, made money with it or intent to make money with it.

Yes but Dear Leader deleted it.

I don't hold BBP. I sleep with the Bible under my pillow.
Thats my true treasure. Not fabricated money printing.

f you would read it, this project would clean up its ways.
member
Activity: 98
Merit: 10
Alex can make a proposal for himself for his hard work.


Thank you! I think most of the hard work has been done by Rob so I think he should be the one taking up some of that IT budget first.

I -might- make a proposal for the revamp of the BX once it is completed and online (slowly getting there).


Of course. 100% markup at the store. 8% at the pool . Untold and hidden millions premining. Cheated and gamed exchange. Free masternodes for more free coins. $25 Amazon gift cards that cost YOU $50. "Stolen coins" and 'hacks'. Rebooted algorithm and difficulty 4 times in past 7 days. Did I miss anything?

SO OF COURSE DEAR LEADER DESERVES A RAISE!

Suckas! You are being played in the name of Jesus

I already addressed that in the previous post. On the other hand, I'm still wondering if you hold any BBP, made money with it or intent to make money with it.
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