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Topic: [MNS]|Mantis|X11|PoW/PoS|MantisReward|MantisUI2.0|MantisChat - page 29. (Read 56020 times)

legendary
Activity: 1232
Merit: 1000
another quick and possibly noob question. uptime means letting your wallet be online (meaning to say that computer has to be on) and for balance rating and POS, it can happen by just opening your wallet sometimes? thanks in advance!

You can mine PoS blocks the traditional way by running your client from time to time and earn the standard 20%.

If you decide to run a node, you would earn 20% + the bonus for running a node, depending on your balance + uptime.
newbie
Activity: 14
Merit: 0
another quick and possibly noob question. uptime means letting your wallet be online (meaning to say that computer has to be on) and for balance rating and POS, it can happen by just opening your wallet sometimes? thanks in advance!

Hey milkyway, no worrys ask anything you want Smiley

Yes uptime means you wallet has to be continuously open and computer on. If you turn your computer off/shut wallet your increased interest resets back to 0.
member
Activity: 103
Merit: 10
another quick and possibly noob question. uptime means letting your wallet be online (meaning to say that computer has to be on) and for balance rating and POS, it can happen by just opening your wallet sometimes? thanks in advance!
newbie
Activity: 14
Merit: 0
rather interesting! so what if i had 25k coins and an uptime of 4weeks, how many coins interest would i stand to receive?

25K Mantis would be above max of 10% so you would get 10% + 4% for 4 weeks uptime. So in total 14% extra if that makes sense?

is the 14% on top of the standard 20% PoS that the coin earns from simple PoS mining?

Yes that is correct, so in that example total interest would be 34%
legendary
Activity: 1232
Merit: 1000
rather interesting! so what if i had 25k coins and an uptime of 4weeks, how many coins interest would i stand to receive?

25K Mantis would be above max of 10% so you would get 10% + 4% for 4 weeks uptime. So in total 14% extra if that makes sense?

is the 14% on top of the standard 20% PoS that the coin earns from simple PoS mining?
sr. member
Activity: 294
Merit: 250
Sweet yeah thats great that makes sense. Looking foward to this
newbie
Activity: 14
Merit: 0
rather interesting! so what if i had 25k coins and an uptime of 4weeks, how many coins interest would i stand to receive?

25K Mantis would be above max of 10% so you would get 10% + 4% for 4 weeks uptime. So in total 14% extra if that makes sense?
sr. member
Activity: 294
Merit: 250
rather interesting! so what if i had 25k coins and an uptime of 4weeks, how many coins interest would i stand to receive?
newbie
Activity: 14
Merit: 0
Hi guys!

Here is our current MantisReward system, please note figures are subject to change as we crunch some more numbers but to give you an idea of what we are going for. Any feedback or suggestions are welcome!

http://i.imgur.com/3Bo18Rt.png
newbie
Activity: 14
Merit: 0
Dev, i know you have a lot of things needs to be done, but are there any approximate ETA to mac wallet?
I need that beautiful UI 2.0 for the mac wallet, its too good. hahaha Cool

Hi milkyway, as we do not currently have a Mac enviroment to build the wallet with we have outsourced it as a bounty and are awaiting reply with the new wallet. Sorry it is taking so long but should be ready soon!
member
Activity: 103
Merit: 10
Dev, i know you have a lot of things needs to be done, but are there any approximate ETA to mac wallet?
I need that beautiful UI 2.0 for the mac wallet, its too good. hahaha Cool
newbie
Activity: 14
Merit: 0
i like the idea of having a minimum amount of mantiscoin in order to run a node.

that way, those of us who have a lot of mantiscoin will have a lot more mantiscoin.  Grin

We are currently playing around with a few figures and are thinking of implementing a minimum balance required and working on a scale of rewards based on balance+uptime.
We understand running a MantisWeb costs time and money so we want the rewards to be worth the time and costs associated.

We want MantisWeb's to be something that everyone wants to run as that insures a healthy and diverse backbone to the network which our features are based upon.

Very soon we will release a document documenting the rewards and requirements of running a MantisWeb so please stay tuned!
newbie
Activity: 14
Merit: 0
I think that balance + uptime would prove to be an excellent idea. Running a node does require time and money. I would gladly run 10 nodes.if the minimum was say 1000 coins. But that would mean 10 static ip plus ddos protection. Also depending on the services provided, bandwidth might become an issue, resulting in a bigger capital investment to run a node.

You really need to reward your nodes. They will form the backbone of your network. Especially nodes that will transmit massive amounts of data from filesharing and streaming audio/video/webcam.

I dont see room for pikers. In order to bring big projects to light, you need serious capital and infrastructure. Look at DRK. If you want to run a masternode, its around 5K USD. Why should Mantis be any different?

I can see how mantis will be different from other platforms. I have put on a position on this project and will inject more capital as more positive information is revealed.

We agree that yes MantisWeb's will form the backbone for all services and should be rewarded as such.

Hence the increase in interest etc, we are still tweaking things and changing things to make it more suitable and beneficial to run one.

We have looked at a minimum balance option but don't want to lock people out that can't afford to purchase enough Mantis to run one. We haven't ruled out this option as of yet though.

We want to make running a MantisWeb beneficial thay everyone that can wants to run one and we will post more details and changes on how rewards will be calculated as soon as we have stopped fiddling with them.
legendary
Activity: 1232
Merit: 1000
I think that balance + uptime would prove to be an excellent idea. Running a node does require time and money. I would gladly run 10 nodes.if the minimum was say 1000 coins. But that would mean 10 static ip plus ddos protection. Also depending on the services provided, bandwidth might become an issue, resulting in a bigger capital investment to run a node.

You really need to reward your nodes. They will form the backbone of your network. Especially nodes that will transmit massive amounts of data from filesharing and streaming audio/video/webcam.

I dont see room for pikers. In order to bring big projects to light, you need serious capital and infrastructure. Look at DRK. If you want to run a masternode, its around 5K USD. Why should Mantis be any different?

I can see how mantis will be different from other platforms. I have put on a position on this project and will inject more capital as more positive information is revealed.
newbie
Activity: 14
Merit: 0
Any plans for mantisweb to have encypted msging? And is there a minimum amount of mns I have to hold to become a node runner and earn more interest?

At this stage there is no minimum requirements but we are thinking of implementing a change to the way extra interest is calculated.

Instead of just being uptime based we are thinking g of changing to an uptime + balance based equation.

So the longer your MantisWeb is up and the higher your balance = more interest.
newbie
Activity: 47
Merit: 0
Why in gods name is everybody mining on the 3% fee pool when there are multiple pools with only 1%?!
sr. member
Activity: 294
Merit: 250
Any plans for mantisweb to have encypted msging? And is there a minimum amount of mns I have to hold to become a node runner and earn more interest?
newbie
Activity: 14
Merit: 0
It is really strong , now awaiting new website , Dev said today or tomorrow Cheesy but he is quick  Cool

Sorry guys for the slower reply. We have been working hard fixing some minor bugs pointed out on IRC with the new wallet and trying to get the new website finished!

No worries ,all is good the effect will be for sure amazing after revealing some of MantisWeb features  Cool

We hope you will like them too! We are now trying to I corporate our own block explorer/rich list and statistics into the main Mantis website as its a much requested feature Smiley
legendary
Activity: 2310
Merit: 1000
It is really strong , now awaiting new website , Dev said today or tomorrow Cheesy but he is quick  Cool

Sorry guys for the slower reply. We have been working hard fixing some minor bugs pointed out on IRC with the new wallet and trying to get the new website finished!

No worries ,all is good the effect will be for sure amazing after revealing some of MantisWeb features  Cool
legendary
Activity: 2310
Merit: 1000
one thing that might also affect price is how mantisweb is setup. Its no secret that one of the reasons why DRK has such a high marketcap is due to people hoarding coins to run masternodes.

If mantisweb favours large investors by rewarding them more % then that would be amazing. Imagine getting 30% PoS based on the size of your node plus uptime. People would be buying up Mantis hand over fist so that they can run nodes and get a great return. This will also create a liquidity squeeze, increase the price and add more value to the network.

go to drk and try to buy 1000 DRK on an open exchange and see how much the price moves. The same would be for Mantis.

I hope that this is the case.

Nice analysis tokyoghetto they way you explained how MantisWeb was designed is pretty much spot on! All our future features are based through the use of MantisWeb's also so everyone will want to run one.

That confirms my predictions also Cheesy i am very happy now Smiley
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