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Topic: [JBS] Jumbucks - No IPO/ICO - Proof of Stake - Slack - DCR Stake Pool - 2+ Years - page 9. (Read 48226 times)

sr. member
Activity: 328
Merit: 525
Back on January 27, 2016 we held an live AMA (ask me anything) session with Jeremy Kauffman and others from the LBRY team on Jumbucks Slack.

Here is a link to the full transcript http://pastebin.com/PiEsVPTW

This is definitely something we are interested in doing more of as it helps bring the crypto community together.

Sign up to Jumbucks Slack to be a part of a growing community of over 380 crypto enthusiasts and Jumbucks fans!

Follow @getjumbucks on Twitter for all the latest news and announcements!
sr. member
Activity: 328
Merit: 525

Upcoming "LBRY Team - LBRY live AMA on Jumbucks Slack".  Set your calendars:

http://www.timeanddate.com/worldclock/fixedtime.html?msg=LBRY+Team+-+LBRY+live+AMA+on+Jumbucks+Slack&iso=20160127T13&p1=224&ah=1

Jeremy Kauffman and others from the LBRY team will be available.

Sign up to Jumbucks Slack for free: http://slack.getjumbucks.com


Here is a link to a previous AMA:

https://bitcointalksearch.org/topic/m.12690457

Sign up to Jumbucks Slack here to be a part of a growing community of over 330 crypto enthusiasts and Jumbucks fans!

Follow @getjumbucks on Twitter for all the latest news and announcements!
sr. member
Activity: 328
Merit: 525

Jumbucks Fantasy Football - 2015 NFL Season Wrap Up

We are excited to announce the champion of the first ever Jumbucks Fantasy Football league, the Mt. Gox Frappacinos! Overall the league was a resounding success, delivering fierce competition and a great involvement rate even through the end of the season.

The Mt. Gox Frappacinos were a strong contender for the victor’s purse since the beginning of the season, with their roster anchored by Adrian Peterson and Tom Brady, and shored up each week by numerous smart waivers and trades.  The Frappacino’s further cemented their dominance by finishing the regular season as the highest scoring team!

Ketamine Milkshakes secured the league’s second place spot, with a team anchored by Antonio Brown and Andy Dalton. While they exited the draft with a shortage of top-tier players, the Katamine Milkshakes fought skillfully all season long and were rewarded with the second place prize.

Bombaklots are our league’s third place winners. Following an excellent rating in the draft, several all star players performed below expectations, forcing the Bombaklots to remain flexible and adapt their lineup throughout the season.

Over 14,000 Jumbucks [JBS] were paid out in championship purses, funded through player entry fees, donations from the Jumbucks development team, and donations from our community on Slack.getjumbucks.com.

Congrats to the winners of our first annual Jumbucks Fantasy Football league, and thank you to all our participants for a great season! Happy New Years, everybody. #Jumbucks.

Closing Statement from Saintgermaine:

Congrats on the first annual Jumbucks fantasy football season. It was a solid season. Pretty much everyone stayed active till the end. Mt Gox Frappacinos took home the championship. All season long the Frap's were at the top of the power ranks, anchored by Adrian Peterson and Tom Brady the Frap's made some good waiver moves and trades. He finished the regular season as the top scorer as well so its good to see the highest scoring team get the Scrilla $ he deserves. Ketamine milkskshakes finished in second place his team was anchored by Antonio Brown and Andy Dalton, he basically had no top tier RB after the draft but continued to hold on to D.Johnson of Arizona, and picked up James white New England, to finish strong, and had a very productive season despite not having to many all star caliber players. Bombaklots finished 3rd and scored well most the season, he looked like the top dog after the draft but CJ Anderson, Demarco Murray, and Carlos Hyde did not trurn out to be the dominant RB's that could be counted on all season long. Well it was a fun season thanks again for those that donated to the prize pool. I will message the winners on how to collect their winings and you should be paid in the next 24-48 hours....Fomo Jumbucks while you can. Peace out till next year.


Closing Statement from Xocel:

Would like to thank everyone that participated in the JBS fantasy football league. By the end of the season the prize pool had grown to 12,315 JBS plus an additional 3,365 JBS from @saintgermaines bonus stake for first place. @chocobo won the season and just walked away with a very nice stash of JBS (11.3k). @dirtyboots77 claimed 2nd place (taking 3k JBS home) and @saintgermaine came in 3rd (1.2k JBS). Congratulations! payouts have been sent. I'm looking forward to doing more of this type of thing in the future  Smiley


Sign up to Jumbucks Slack to be a part of a growing community of over 335 crypto enthusiasts and Jumbucks fans!

Follow @getjumbucks on Twitter for all the latest news and announcements!
sr. member
Activity: 328
Merit: 525
Hi,

Some updates.

Jumbucks Coin Bot

Jumbucks Coin Bot is a new Twitter bot I coded up which monitors coin additions for Bittrex Exchange, C-CEX, Poloniex and Yobit Exchange! Tell your homies! It was launched a couple of weeks ago and currently has 242 followers.

https://twitter.com/jbscoinbot

Jumbucks on Cryptsy status

Cryptsy exchange lists Jumbucks but the wallet has been in an offline maintenance state for the past few months. It recently changed from offline maintenance status to apparently working state. Test withdrawals of JBS however have not been successful and remain in Pending state.  This is the same case for most coins (including Bitcoin) on Cryptsy as they also exhibit coin withdrawal issues.

Jumbucks recommends trading JBS on Bittrex and Cryptopia.

Jumbucks multipool

The Jumbucks multipool run by https://twitter.com/IcarusGlider was shut down a few months ago.

Here is the announcement tweet from Mica.

https://twitter.com/IcarusGlider/status/633299959404724224

Jumbucks Twitter tip bot

The Jumbucks Twitter tip bot run by the Pinkcoin developers was unfortunately shut down and has not been running for a few months.

Please request a withdrawal by logging into http://cosmiclottery.com using Twitter to view your balance.  A withdrawal request can then be made.

A tweet will then be sent out that looks like this:
https://twitter.com/cryptokrill/status/673438505628864512

"I would like to request that my 4,432.800 XJB be sent to: JTxGPSfNuSmxjPXg7fbWBCrv2YVzUBbQyN http://cosmiclottery.com/  via @pinkcoinlottery"

Jumbucks Slack

Jumbucks Slack now has over 330 people.

Sign up to Jumbucks Slack to be a part of a growing community of over 330 crypto enthusiasts and Jumbucks fans!

Follow @getjumbucks on Twitter for all the latest news and announcements!


Thanks!

Julian



sr. member
Activity: 328
Merit: 525

Jumbucks is proud to now also be listed on Cryptopia exchange based out of New Zealand!

Cryptopia loved Jumbucks so much that we were able to bypass the voting process and were immediately added!

You can find the market here: https://www.cryptopia.co.nz/Exchange?market=JBS_BTC

I also donated 1000 JBS to the Cryptopia giveaway faucet.  https://twitter.com/jyap/status/663299958297104384
full member
Activity: 121
Merit: 100
Hi fitinplace

Jumbucks is currently 100% proof of stake (PoS). JBS launched in September 2014 with a PoW phase of 31,000 blocks, then swapping to 100% PoS with a reward of 8%, it will step down to 5% in September 2016, and then to 2% in September 2024.
 
The average reward per block when staking JBS will vary from user to user due to how PoS works. It is calculated based on the PoS reward (8%) of the coin staked, over the period in which it has been accumulating stake weight/coin age, with a maximum cap of 4 JBS (currently).
 
You can get a pretty good idea of rewards by looking at a block explorer. For example this address has ~10.5k JBS: https://chainz.cryptoid.info/jbs/address.dws?10481.htm and looks to be averaging ~0.2jbs for each reward.
 
We have no fixed supply cap in the PoW sense. Supply right now is ~3,471,437 JBS, up from 3,293,010 JBS (end of PoW phase), an increase of a little over 5%. The rate at which this increases is controlled by a number of factors; As the PoS % reward steps down, the supply will increase less. As the supply becomes more distributed (more users staking less coins each) the supply will also increase less etc.
full member
Activity: 213
Merit: 100
Hi Jumbucks Members,  i had a few questions about specs.

1.  Average reward?
2.  Max coin cap?
newbie
Activity: 30
Merit: 0
is anyone able to withdraw from craptsy ?
sr. member
Activity: 332
Merit: 250
@CollinCrypto [GAM]
REMINDER Upcoming "Expanse Team - Expanse live AMA on Jumbucks Slack".  Set your calendars for THIS WEDNESDAY:

http://www.timeanddate.com/worldclock/fixedtime.html?msg=Expanse+Team+-+Expanse+live+AMA+on+Jumbucks+Slack&iso=20151028T13&p1=224

Dan Conway, Chris Franko and James Clayton from the Expanse team will be available.

Sign up to Jumbucks Slack for free: http://slack.getjumbucks.com


Here is a link to the previous AMA:

https://bitcointalksearch.org/topic/m.12690457

Sign up to Jumbucks Slack here to be a part of a growing community of over 300 crypto enthusiasts and Jumbucks fans!

Follow @getjumbucks on Twitter for all the latest news and announcements!


Looking forward to it.

sr. member
Activity: 332
Merit: 250
@CollinCrypto [GAM]
legendary
Activity: 1568
Merit: 1000
Twitter @Acimirov
sr. member
Activity: 328
Merit: 525
Today we held an live AMA (ask me anything) session with Devon Read of Blocktech on Jumbucks Slack.

Here is a link to the full transcript http://pastebin.com/L7AnKxLZ

This is definitely something we are interested in doing more of as it helps bring the crypto community together.

Sign up to Jumbucks Slack here to be a part of a growing community of over 290 crypto enthusiasts and Jumbucks fans!

Follow @getjumbucks on Twitter for all the latest news and announcements!
sr. member
Activity: 332
Merit: 250
@CollinCrypto [GAM]
Cryptsy still has the wrong name, even after upgrading to version 2 of their platform.

http://prntscr.com/8r1v3j
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
windows wallet?
preferably in the OP  Grin

---

okay found it but need to go to the official site http://getjumbucks.com/

nice load .gif btw
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
The exchanges Bittrex and Bleutrade have also upgraded.  Cryptsy is unfortunately running 1.7.

and the cry is walleted LOCK
why am i not surprised?
sr. member
Activity: 328
Merit: 525
Vulnerability in UPnP library used by Bitcoin Core

Today Bitcoin Core put out a warning stating that "Version before 1.9.20151008 of the miniupnpc library are vulnerable to a buffer overflow in the XML parser during initial network discovery".

We have made the necessary code changes so that Jumbucks is now compatible with the latest versions of the miniupnpc library.  We have also bumped the latest version in the Jumbucks source code to version 1.9.1.  Feel free to upgrade via building a new wallet if you are so inclined.

The Jumbucks developers have decided we won't be building a new release version just for this change as this issue requires "running a malicious UPnP server on the local network" to crash the application.

If this is an issue, disabling UPnP is the recommended course of action as stated in the original announcement.

Future versions of the Jumbucks wallet will have the latest version of the miniupnpc library built in unlike future versions of Bitcoin who have decided to disable miniupnpc by default.  The benefit of the Jumbucks wallet accept incoming connections from other peers by default greatly outweighs the potential issues that miniupnpc may have that can be worked around or patched in future versions quite easily.

Thank you,

Julian
sr. member
Activity: 328
Merit: 525
what the POS % and timeframe? thanks

Hey SecretsOfCrypto

The last PoW block was block 30k. Jumbucks launched September 2014.

There is currently 8% PoS interest with a max stake block reward of 4 JBS.

At the end of 2 years, it becomes 5% interest and MAX_STAKE_BLOCK_REWARD = 2.5

At the end of 10 years, it becomes 2% interest and MAX_STAKE_BLOCK_REWARD = 1

Relevant Proof of Stake switchover code below:

Code:
    if (pindexBest->nTime >= 1472688000) // Thu, 01 Sep 2016 00:00:00 UTC
    {
        // Year 2. 5% interest and MAX_STAKE_BLOCK_REWARD = 2.5
        nSubsidy = nCoinAge * 5 * CENT * 33 / (365 * 33 + 8);
        nSubsidyLimit = 2.5 * COIN;
    }
    if (pindexBest->nTime >= 1725148800) // Sun, 01 Sep 2024 00:00:00 UTC
    {
        // Year 10. 2% interest and MAX_STAKE_BLOCK_REWARD = 1
        nSubsidy = nCoinAge * 2 * CENT * 33 / (365 * 33 + 8);
        nSubsidyLimit = 1 * COIN;
    }
sr. member
Activity: 466
Merit: 250
Twitter Follow for no BS crypto: @SecretsOfCrypto
what the POS % and timeframe? thanks
sr. member
Activity: 332
Merit: 250
@CollinCrypto [GAM]


Here are some observations.

Jumbucks Version 1.9 was released this 22 days ago which allowed time for most to upgrade (over 75% of nodes).

In the first yellow box, the Interval column, we can see that thanks to the changes in version 1.9, daily block times are now more stable around the 60 second mark.  Prior to this, daily block times were around 48 to 57 seconds.

In the 2nd yellow box, the Transactions column, we can see that wiith the addition of the Jumbucks Slack tip bot, transactions have increased nicely.

On another note, I have experienced issues with withdrawing Jumbucks from the exchange Cryptsy and so has at least one other person (https://twitter.com/alex_sterk/status/651462998737879040).  I've filed a support ticket with Cryptsy but unfortunately there's not much that can be in this situation.  This illustrates a reason why it's important not to hold large amounts of cryptocurrencies on 3rd party exchanges.

Don't forget to Join Jumbucks Slack.  Currently 17 users online now of 271 registered.  Free sign up at: http://slack.getjumbucks.com

Thank you all for your support as we endeavor to build the best cryptocurrency coin and community.

- Julian



Nearing that 300 registered mark, nice job. Smiley
sr. member
Activity: 328
Merit: 525


Here are some observations.

Jumbucks Version 1.9 was released this 22 days ago which allowed time for most to upgrade (over 75% of nodes).

In the first yellow box, the Interval column, we can see that thanks to the changes in version 1.9, daily block times are now more stable around the 60 second mark.  Prior to this, daily block times were around 48 to 57 seconds.

In the 2nd yellow box, the Transactions column, we can see that wiith the addition of the Jumbucks Slack tip bot, transactions have increased nicely.

On another note, I have experienced issues with withdrawing Jumbucks from the exchange Cryptsy and so has at least one other person (https://twitter.com/alex_sterk/status/651462998737879040).  I've filed a support ticket with Cryptsy but unfortunately there's not much that can be in this situation.  This illustrates a reason why it's important not to hold large amounts of cryptocurrencies on 3rd party exchanges.

Don't forget to Join Jumbucks Slack.  Currently 17 users online now of 271 registered.  Free sign up at: http://slack.getjumbucks.com

Thank you all for your support as we endeavor to build the best cryptocurrency coin and community.

- Julian

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