holy 170 peers...
and I keep trucking along peerming 15-20 a/day !!!
and I keep trucking along peerming 15-20 a/day !!!
Seems like your node performs better than mine. I hardly get 5 VNL in 2-3 days.
Topic: just a little heads up for those who want in on VNL incentive before collateral (Read 1934 times)
October 18, 2015, 02:40:42 PM
Seems like your node performs better than mine. I hardly get 5 VNL in 2-3 days.
October 18, 2015, 02:17:08 PM
October 18, 2015, 01:34:19 PM
I can haz VNL?
October 18, 2015, 12:50:40 PM
holy 170 peers...
and I keep trucking along peerming 15-20 a/day !!!
and I keep trucking along peerming 15-20 a/day !!!
September 30, 2015, 07:33:37 PM
Is there a tutorial for basic set up
Only two days left before you need collateral, but here is a link on how to set one up
PEER MINING IS FANTASTIC!!!
https://bitcointalksearch.org/topic/vnl-incentivecollateral-rewards-for-superpeers-how-to-1190741
September 23, 2015, 03:11:40 AM
pointless?? seriously? you think having more fully working nodes is pointless? ask Bitcoin supporters if they would like to have more fully operational nodes or not
Sorry, I didn't realise VNL had a lite client.
September 23, 2015, 01:58:45 AM
just setup my node. finally, rewarded for running a node. 
#happycamper
#happycamper September 23, 2015, 12:59:57 AM
Is there a tutorial for basic set up
September 23, 2015, 12:39:39 AM
here is a little update on how to set up two IP's in an inexpensive way if you want to run two nodes
https://talk.vanillacoin.net/topic/212/running-some-extra-superpeer-out-of-a-vm-and-cheap-vps-vpn
https://talk.vanillacoin.net/topic/212/running-some-extra-superpeer-out-of-a-vm-and-cheap-vps-vpn
September 22, 2015, 05:49:49 PM
collateral and incentives are seperate from superpeers
though you must be running a superpeer to get the reward, its basically just saying those with 10k VNL and a superpeer get to tax the miners.
though you must be running a superpeer to get the reward, its basically just saying those with 10k VNL and a superpeer get to tax the miners.
For what purpose? They must have an influence, otherwise they are pointless.
pointless?? seriously? you think having more fully working nodes is pointless? ask Bitcoin supporters if they would like to have more fully operational nodes or not
September 22, 2015, 12:33:51 PM
collateral and incentives are seperate from superpeers
though you must be running a superpeer to get the reward, its basically just saying those with 10k VNL and a superpeer get to tax the miners.
though you must be running a superpeer to get the reward, its basically just saying those with 10k VNL and a superpeer get to tax the miners.
For what purpose? They must have an influence, otherwise they are pointless.
September 22, 2015, 12:30:33 PM
collateral and incentives are seperate from superpeers
though you must be running a superpeer to get the reward, its basically just saying those with 10k VNL and a superpeer get to tax the miners.
what it isnt saying is that only those with enough collateral get to be superpeers.
read about it on the wiki.
though you must be running a superpeer to get the reward, its basically just saying those with 10k VNL and a superpeer get to tax the miners.
what it isnt saying is that only those with enough collateral get to be superpeers.
read about it on the wiki.
September 22, 2015, 12:15:43 PM
Super peers are unlimited in number, and they don't do anything different than peers, they just do it better and strengthen the network.
Collateral and reward are just a way of rewarding those nodes which have a vested interest in VNL and are helping to strengthen the network.
Masternodes quasi-centralize a system while Super peers just strengthen a decentralized network.
Collateral and reward are just a way of rewarding those nodes which have a vested interest in VNL and are helping to strengthen the network.
Masternodes quasi-centralize a system while Super peers just strengthen a decentralized network.
So why do they need to post collateral, then?
September 22, 2015, 11:10:20 AM
can you explain why the need of 9999 coins after block x?
with the collateral it looks kinda like pos with dynamic interest ( 1-40% ).
if i understood something wrong please feel free to explain.
It's not interest. Interest remains at a low 0.7%. Also, the coins aren't new. They're a percentage of POW rewards. Unlike masternodes, wallets with any amount can be a super peer (your random vanillacoin port must be open, it also has some uptime requirements, etc.), but if you have a super peer and you send 9999 collateral to the main address in one transaction, you are then eligible to receive node incentives. Each super peer on a unique IP has a chance at the percentage of POW rewards. Two super peers on the same IP should each get the percentage of POW rewards half as often as one super peer on a unique IP. So if you have over 10,000 VNL and want more node incentives, you need more IP addresses.
Seems exactly like masternodes then.
Similar, but very different.
Masternodes are a point of failure being that they are the only nodes facilitating things like Darksend. They are payed for and are the only nodes that do a specific job.
Super peers are unlimited in number, and they don't do anything different than peers, they just do it better and strengthen the network.
Collateral and reward are just a way of rewarding those nodes which have a vested interest in VNL and are helping to strengthen the network.
Masternodes quasi-centralize a system while Super peers just strengthen a decentralized network.
September 22, 2015, 01:36:38 AM
can you explain why the need of 9999 coins after block x?
with the collateral it looks kinda like pos with dynamic interest ( 1-40% ).
if i understood something wrong please feel free to explain.
It's not interest. Interest remains at a low 0.7%. Also, the coins aren't new. They're a percentage of POW rewards. Unlike masternodes, wallets with any amount can be a super peer (your random vanillacoin port must be open, it also has some uptime requirements, etc.), but if you have a super peer and you send 9999 collateral to the main address in one transaction, you are then eligible to receive node incentives. Each super peer on a unique IP has a chance at the percentage of POW rewards. Two super peers on the same IP should each get the percentage of POW rewards half as often as one super peer on a unique IP. So if you have over 10,000 VNL and want more node incentives, you need more IP addresses.
Seems exactly like masternodes then.
September 22, 2015, 01:09:29 AM
September 21, 2015, 11:57:21 PM
looks like there are only 8000 blocks to go before collateral will be required to get rewards from the mining pools.
get your peer up and running now while its still free!!!
oh btw John said enforcement for pools to have to give a reward will be happenning sometime this week...
CANT WAIT TO TAX SOME OF THOSE HIDDEN POOLS!!!
get your peer up and running now while its still free!!!
oh btw John said enforcement for pools to have to give a reward will be happenning sometime this week...
CANT WAIT TO TAX SOME OF THOSE HIDDEN POOLS!!!
September 21, 2015, 10:11:48 AM
node incentive:game changer is coming 
September 20, 2015, 08:48:39 PM
The collateral is there to make sure that those receiving rewards after block 220000 have a vested interest in the well being of the network..
As said before anyone can run a super peer, but those that care enough to see vnl succeed will be rewarded.
Also it is a great way to remove coins from the exchange during early heavy reward inflation.
It just makes sense/cents.
One of the biggest obstacles of early coin development is the pressure large miner farms put on early investors, incentive helps to mitigate this problem passing on rewards to those that are strengthening the network.
This has been debated constantly in bitcoin.
As said before anyone can run a super peer, but those that care enough to see vnl succeed will be rewarded.
Also it is a great way to remove coins from the exchange during early heavy reward inflation.
It just makes sense/cents.
One of the biggest obstacles of early coin development is the pressure large miner farms put on early investors, incentive helps to mitigate this problem passing on rewards to those that are strengthening the network.
This has been debated constantly in bitcoin.
September 20, 2015, 08:47:59 PM
can you explain why the need of 9999 coins after block x?
with the collateral it looks kinda like pos with dynamic interest ( 1-40% ).
if i understood something wrong please feel free to explain.
It's not interest. Interest remains at a low 0.7%. Also, the coins aren't new. They're a percentage of POW rewards. Unlike masternodes, wallets with any amount can be a super peer (your random vanillacoin port must be open, it also has some uptime requirements, etc.), but if you have a super peer and you send 9999 collateral to the main address in one transaction, you are then eligible to receive node incentives. Each super peer on a unique IP has a chance at the percentage of POW rewards. Two super peers on the same IP should each get the percentage of POW rewards half as often as one super peer on a unique IP. So if you have over 10,000 VNL and want more node incentives, you need more IP addresses.
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