Topic: 💥SOLARIS XLR💥100% PoS + Masternodes ⚡Zerocoin⚡txbit.io in development - page 22. (Read 309002 times)

Thank you, but on vps I get:
~$ sudo swapon /swapfile
swapon: /swapfile: swapon failed: Operation not permitted

Possibly swapping is forbidden on the vps.
Hope new platform will allow to reduce memory consumption)

Excellent! As a proud Solarian, I completely agree and support this plan.

i believe you guys should wait the codebase change at least until txbit listed to cmc, so that way even if other exchanges refuse to list again, we could still be traded and show statistics at cmc.

I think the team can release in anytime they want. There are people whom can freely support txbit.io because they don't join signature campaign. Currently, the total volume of txbit exchange is low. Why not give it a try to help increasing its volume? Coinmarketcap is a story for near future, but we should not all rely on coinmarketcap's effects. Honestly I am very impressed with graphics and structures of txbit exchange, and I believe that the only thing potential users care about is total volume traded on txbit. They most likely don't want to join and trade on low volume exchange, nowadays.

I think maybe next month on June txbit will be listed on coinmarketcap and maybe this will help a bit the exchange and possible more people will start use it. Maybe after is listed a signature campaign for txbit can be made.

I am in full support of changing to a more advanced and more secure code base, especially since it is also significantly easier/faster for the developers to work with.

Can you stop spamming forum with this message? Create your own ANN thread and start building your community.

To answer your question about my role. I am the co-founder and lead developer for Solaris. You can see me here: https://solariscoin.com/team.html

Switching to STRATIS codebase would confer greater potentials on Solaris;
Smart Contract, Creation of tokens, identity/data management etc.

I am in full support of the switch

The long article above somehow presents that Solaris team have never stopped thinking of improving the project, and often have innovative ideas to grow it. Changing from PIVX code base to Stratis code base, that is easier to modify and fix issues by Solaris team, is very smart choice. In addition, as the article wrote, the change to Stratis code base also helpful for Txbit.io exchange. Therefore, I support Solaris team with the idea.

---

By the way, I would prefer to know that @keeswedit has actually become a core team member of Solaris project? I just have known that keeswedit sometimes help Solaris team to fix issues from Zerocoin code base.

I think Stratis code base is a great move so hopefully the rest of the Solaris community supports this idea to change. I think it is for the best as it will open up many doors for the Solaris dev team to work on more developments and lets be honest, the PIVX code has had a lot of problems in the past 6-8 months so its best to switch now before more problems arise with the PIVX code in the future.

Dear Solarians,

It has been sometime since we posted any updates on Solaris as the core team were mostly busy with Txbit Exchange development, progressing it’s features and functionality.

As most of you are aware from the current Roadmap found on the Solariscoin.com website, a major codebase update was planned for Q3 of this year. After Pivx team discovered a potential exploit in the Zerocoin library, the Solaris team used a spork to de-activate the Zerocoin protocol on the XLR blockchain to prevent any exploits from happening. As such we also started working on a codebase update in hopes to get it released sooner than expected while fixing all the issues with the old codebase.

Unfortunately just as we were getting through the updating process, another, much more serious exploit, was disclosed by the Zcoin team. This exploit stems from the Zerocoin library and is much harder to fix, infact no project using the Zerocoin protocol has found a fix at the time of writing this article.

This got us thinking. Why should we stick with the Pivx codebase? Sure, at the core level it is based on BTC, and it’s a reliable cryptocurrency because of that. But, due to the nature of it using C++ coding language, it’s somewhat difficult to develop on and not an easy task to add new features. As such it would make more sense to move to a codebase that we as developers are a lot more familiar with. Our native language is C#/.NET, and we can develop a hell of a lot better on it than C++.

So, what will we do next?
We certainly don’t have the time or manpower to develop a brand new codebase, but we have narrowed down on what we feel is one of the best developed and easily accessible codebases that we would like to base the Solaris 3.0 blockchain on.

Stratis (STRAT) is a fantastic blockchain platform, with the core technology and consensus based on Bitcoin, but re-written in C#. It easily allows to develop new solutions and services using the .NET platform, giving a lot more flexibility to future developments with native Smart Contracts in C#, sidechain technology and other beneficial opportunities that are not possible on the Pivx codebase.

One of the first things we believe we will be able to do is implement direct Txbit trading into the core Solaris wallet, allowing users to quickly exchange XLR with other pairings on Txbit. Of course this plan is only in its infancy and a lot more work is required to flesh it out, but it’s certainly a possibility which is not available if we continue on the current codebase.

Stratis is also a natively Proof-of-Stake consensus cryptocurrency, which aligns nicely with the current XLR state. While Stratis does not have native chain Masternodes, they are available for the Stratis side chains. We will port over the Masternodes to the mainchain and make it a much simpler process than is currently required to set-up the Masternode. We will make sure to implement Masternodes for the release of the new mainnet.

Some of you probably have the questions whether the Solaris Reward Program will get affected by this change. We are happy to say that there is no change regarding this, Txbit will still share the 50% of Net Transaction Fees with Solaris holders.

What are the Positives?
As already briefly described above, we see many positives such a move to a Stratis codebase will bring. First of all we will be able to develop new features and functionality, both on blockchain level and the services around it such as the GUI wallet due to it being natively C# and .NET platform.

It also opens up a new pool of possible developers, whether it’s community involvement or the core team expanding, as C# language and .NET platform are very popular and largely under-used in the blockchain sphere. Developers who are already familiar with these languages don’t have to go and learn C++ which is largely obsolete in the corporate world on IT. This allows for many more opportunities to bring new and exciting features to Solaris in the future.

This change will also allow us to re-invigorate the community, as updates will be more often and with bigger possibilities on the new codebase. We will also propose, and have a discussion with a vote, to instate a small dev fund to once again fire up various bounties, from marketing related to external development, that made Solaris so visible previously.

What are the Negatives?
As always there are some negative outcomes that we need to consider when discussing this decision with the Solaris community.

First and foremost a change like this will require a swap from the current Pivx based XLR coins to the new blockchain. Swaps are tedious, with many people usually not checking the progress of the coins they hold and missing out on the swap period. As such we will ensure that the swap period is sufficiently long, 6 months or more, to ensure all active XLR will be swapped over to the new chain.

Secondly, a change to a new codebase like this will mean some exchanges that we are already on will either delist us, or request a new listing payment to ensure the new wallet is installed and coins swapped over. Of course this is not the case with Txbit, as it will support and swap over coins on the exchange.

Of course such a change will also mean the new wallet will not be released until at least late Q2, or Q3 of this year. There is a fair amount of work involved to ensure a smooth transition to the new chain, and we want to ensure there is as little disruption as possible to any existing services. This means extensive testing of the new codebase, changes to the website and all the documentation/guides have to be redone. Txbit has to be ready for the change as well, including the Solaris Reward Program. In short, it will be a lot of work, but we feel it’s positive change for the future of Solaris.

With this in mind, what do we do?
We stated our case. At the end of the day this is a decentralized project and the decision is up to the holders of XLR. First and foremost, we want to discuss this decision with you. Come join us on Telegram or Discord (links below) and voice your opinion. If there is a community support for this plan, we will hold a governance vote with the Masternode holders, and possibly some other means to ensure most of the community is able to join in the decision making if we should go forward with this proposal.




Join The Solaris Community:
Website — https://solariscoin.com

Twitter — https://twitter.com/SolarisCoin

Telegram — https://t.me/solariscoin

Discord — https://discord.gg/wMcqapP

Reddit — https://www.reddit.com/r/solarisxlr/

Facebook — https://facebook.com/solariscoin/

Offical ANN — https://bitcointalksearch.org/topic/solaris-xlr100-pos-masternodes-zerocointxbitio-in-development-1831629

I can show you other privacy coins that have a supply of 20,000,000 just like Bitcoin, but are over the $5:00 coin price. i can think of two of them that give out total annual staking reward percentages that are 8% for one and 35% for the other. The one that pays out an 35% annual staking profit percentage is moving up up up while the rest of the crypto market stagnates.

Solaris has lots of room and a number of years until it reaches 20,000,000 in circulation if it would change it's protocols to allow for inflation growth and payouts to masternode owners of 30% per year and for stakers ....15% per year staking profits.

Increasing inflation may have the opposite effect of what you want. It could also have the effect you are expecting, but supply-demand logic doesn't seem to indicate that it would.

I would like to see something changed within the Solaris planning protocols.

If Solaris decided to make this a more inflationary coin, and give masternodes 25% per year masternode rewards and stakers 15% per year staking rewards, this coin would go up up up in price because of the massive amounts of people buying it in order to get a masternode or a staking wallet set up.

We have all learned by watching other privacy coins go up up up that you do not need a coin with only one and a half million coins in circulation to have a successful coin price.

 

We are having ATL value in USD today, probably due to BTC slight dump..
Couldn`t resist but added some XLR..

I think Solaris has done well to stay and deliver on what the dev team have said all along and the project has stood up well in the bear market while a lot of projects from the same time Solaris was created have died. This is what we like to see when looking to buy into a project, Solaris is a long term project and even though the price is down from its ATH I think it will recover in the near future. Txbit of course will be the key to Solaris overall success unless the team come up with more innovative ideas for the coin.

Well i think the grow will happen, but we will have a good price maybe on next bull run, or we can have a grow of price if more people will start using txbit exchange and also interest for buy XLR.

I am waiting for this to happen.
Still own a small bag from 2017
Yikes

Any news from coinmarketcap about listing request of txbit exchange? We have nearly passed enough time to meet their active-period as minimum thing to apply and wait for their results to list txbit on CMC.
I hope the txbit will be listed on CMC first, them months later, we might see Txbit's IEO, why not?