Topic: | STRATIS | The first blockchain developed for businesses |Full POS - page 37. (Read 1890822 times)

Thanks for the detailed explanation, I hope they take into account staking record too, not just known members of the community.

19 of them (has to be an odd number). When asked this question, Chris said that there would be a selection process for the 50k nodes and that older, known members of the community would be chosen first, with any free spaces going to other applicants on a first come, first serve basis. These particular Masternodes need to be online 24/7 and with a lowish number the Authority aspect of Proof of Authority (where you are putting your identity on the line as well as the collateral) matters more than with a large number of Masternodes. Moreover, it seems to me that the 50k masternodes will receive the same income as the 10k masternodes (don't hold me to this, I don't know this for sure), so 50k masternode operators will need a reason above and beyond the income for running one. Thus they will be choosing people who they can be quite certain will be able to maintain a node 24/7 and who will be happy to front the 50k collateral when they could receive a better ROI from a 10k node. This is more likely to be true of larger holders than smaller holders, and larger holders are in turn more likely to be earlier investors.

The plan is to introduce dynamic membership for these 50k masternodes as well. This would change the selection process completely, and allow anyone to run a 50k masternode, so long as there was a spot available. There are plans to increase the number of available spots, so it may well be possible for anyone to operate a 50k node whenever they want down the line.

How will 50k MN spots be allocated, surely there will be more people wanting to run a 50k MN than will be available, only 18, correct?

To run a sidechain master node you need to place 10K STRATs as collateral, not 1000. Luckily I invested during early ICO days

MediConnect Stratis Verified ICO so far

Let us see how they will implement these interesting features on this network so if they would get succeed to achieve goals than it will make this more amazing. I also bought some coins to increase my bag size because current price is very attractive.

Investors want to make money. Or more specifically, they want to sell their investment to someone else at a higher price than they themselves paid for it. It would be irresponsible to oneself to be an investor in a cryptocurrency and not "care about the coins technology". There's one simple reason for this: scarcity mechanisms. Some coins have them, some coins don't. Scarcity is what drives the price of a coin up or down, and it is our job as investors to understand what induces scarcity (if we want to take this job seriously). These tend to fall into two camps: speculation induced and utility induced. The speculative side of things is pretty easy to understand: people buy in thinking it will go up (for whatever reason), this in turn inducing scarcity. The utility side of things is a little more involved, but tends to be pretty easy to break down.

The Stratis Platform incorporates scarcity inducing mechanisms into pretty much every service available in the suite of features which make it up (excluding the DLT, which has no direct impact on the scarcity of Strat). I wrote this FAQ a while back in an attempt to give investors one easy place to learn about these scarcity mechanisms and why they are important to investors: https://stratisfaq.com/. Some of the info is out of date and there are new scarcity considerations in place, what with the sidechain masternodes and other more recent developments. However, the bulk of the info is still absolutely relevant.

https://twitter.com/khil0ne/status/1098993912939728897?s=21

Breeze Production Release and Breeze Privacy Protocol for $STRAT are planned for Q1 @stratisplatform

https://twitter.com/Khil0ne/status/1098990092163653632

https://twitter.com/Khil0ne/status/1098988201778253824

Cool to see blockchain projects listed on the marketplaces of the cloud hyperscalers.
Let’s see which projects will follow.

Less than a thousand dollars is an OK amount, definitely. Hopefully the price wil stay about the same till then. 

https://twitter.com/crypto_copia/status/1098947762983526403

We're honored to have @chrisblockchain - CEO & Founder of @stratisplatform coming up next in our 🎬weekly live #AMA series📽️. We will have an hour long chat to hear the #stratis journey. Join our Discord here to ask #community questions 👇👇

https://cryptocopia.com

Most of these coins are disappointing. They make big promises and don't deliver.  This coin is probably no different. It'll keep hovering in the 24K sat range for years before it goes up in price.  The same idiots with every coin will tell you to hold the coin while it clearly is not making any money for anyone.

Frankly, most of us don't give a flying fuck about the coin itself. We want the price to go up. I'm not in this to care about the coins technology. Most of these coins are piles of garbage and their only function is make me money, that's it.  I'm not going to hold a coin very long if it doesn't make me money. This whole concept of mass adoption is a farce. That won't happen for years so why even bring that up.

10000 STRAT as collateral to run a sidechain master node is not that much would definitely, love to run a MN.

And there we have it Stratis Sidechain Masternodes:

https://stratisplatform.com/2019/02/21/stratis-sidechain-masternodes/

Stratis has had products on Azure for a while now: ICO Platform, Full Node SDK, Smart Contracts, Sidechains etc. If a speculative pump were to come from it, it would have come already. The Azure listings are excellent from a business perspective; the client link up through Azure is top notch for the software world and the ease of deployment, hosting and so on lowers the barrier to entry significantly. I'm looking forward to how this impacts the Stratis ecosystem moving forward.

lol what azure pump coming?  what is this, 2016?

Once cold staking is activated it could be possible to stake using the Nano Ledger S, but that is up to Ledger themselves. Cold staking will be activated once 95% of the last 2000 blocks were produced by C# full node clients, i.e. staked through Stratis Core. I'm not sure what % we're up to at the moment, but I think it will still be some time before we hit the 95% threshold.

If you want to read more about the nature of the activation, it follows BIP-9: https://github.com/bitcoin/bips/blob/master/bip-0009.mediawiki

Really interesting facts to the @stratisplatform Smart Contracts:

- Over 2.000 people downloaded the Stratis.SmartContracts V1.1.0 via @nuget
- The V1.2.0 has been uploaded 6 hours ago.

#Stratis $STRAT #SmartContracts #blockchain #Microsoft #Dotnet #csharp