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Topic: ⚒ Syscoin -Blockchain Scalability, Trustless Interoperability for ERC20 projects - page 80. (Read 501963 times)

legendary
Activity: 2044
Merit: 1005
Are there any consideration for the masternode ammount to be lowered...? It is so expensive to run syscoin masternode today it is out of reach

Well In my opinion 100000 sys for a masternode is OK. At current BTC price is around 15000$ which is not bad. I don't think this is out of reach, if you want to see a masternode coin out of reach go to stratis (aprox 1 million $ / mn). Note: I don't promote stratis, was just an exemple.

Decreasing # coins per masternode or allowing staking with any amount would probably pump this coin significantly.
In v2 yes
newbie
Activity: 59
Merit: 0
Are there any consideration for the masternode ammount to be lowered...? It is so expensive to run syscoin masternode today it is out of reach

Well In my opinion 100000 sys for a masternode is OK. At current BTC price is around 15000$ which is not bad. I don't think this is out of reach, if you want to see a masternode coin out of reach go to stratis (aprox 1 million $ / mn). Note: I don't promote stratis, was just an exemple.

Decreasing # coins per masternode or allowing staking with any amount would probably pump this coin significantly.

We don't need a decrease when coins can be pooled to run a masternode. Instead you get the fraction of a masternode that you can afford and the rewards that come with it.
member
Activity: 98
Merit: 10
Are there any consideration for the masternode ammount to be lowered...? It is so expensive to run syscoin masternode today it is out of reach

Well In my opinion 100000 sys for a masternode is OK. At current BTC price is around 15000$ which is not bad. I don't think this is out of reach, if you want to see a masternode coin out of reach go to stratis (aprox 1 million $ / mn). Note: I don't promote stratis, was just an exemple.

Decreasing # coins per masternode or allowing staking with any amount would probably pump this coin significantly.
full member
Activity: 546
Merit: 137
Are there any consideration for the masternode ammount to be lowered...? It is so expensive to run syscoin masternode today it is out of reach

Well In my opinion 100000 sys for a masternode is OK. At current BTC price is around 15000$ which is not bad. I don't think this is out of reach, if you want to see a masternode coin out of reach go to stratis (aprox 1 million $ / mn). Note: I don't promote stratis, was just an exemple.
legendary
Activity: 2044
Merit: 1005
Are there any consideration for the masternode ammount to be lowered...? It is so expensive to run syscoin masternode today it is out of reach
Current v2 design will let you pool up with friends in a multisig contract
member
Activity: 87
Merit: 10
Are there any consideration for the masternode ammount to be lowered...? It is so expensive to run syscoin masternode today it is out of reach
legendary
Activity: 2044
Merit: 1005
Hey guys, just installed and synced new wallet.  Trying to send a few coins to exchange and getting insuficient funds, is it possible wallet is displaying more coins than there are, or is there something special I need to do with this new wallet?  Asking me to set up an Alias but honestly no idea what that is, having been hanging around the crypto scene much for some time.


Yes please wait for 1.1 release for the amounts fix
hero member
Activity: 575
Merit: 500
Payment Processor

From Dan Wasyluk Another general heads up / update: the next BM release will be 1.1 due to the increased scope of functionality being added to it. We're pushing to release it ASAP following proper testing, timeline is a few days best estimate. The next release of BM following 1.1 will be 1.2. BM 1.2 will introduce *in-wallet payment processor support for directly converting to or from SYS to any other crypto, and possibly fiat as well (working on that, TBD). We will have a full blog post on the 1.1 release and the details on the new feature included in it called Syscoin Identities.
hero member
Activity: 575
Merit: 500
Hey guys, just installed and synced new wallet.  Trying to send a few coins to exchange and getting insuficient funds, is it possible wallet is displaying more coins than there are, or is there something special I need to do with this new wallet?  Asking me to set up an Alias but honestly no idea what that is, having been hanging around the crypto scene much for some time.



Please go to Slack join.syscoin.org
legendary
Activity: 1260
Merit: 1000
Hey guys, just installed and synced new wallet.  Trying to send a few coins to exchange and getting insuficient funds, is it possible wallet is displaying more coins than there are, or is there something special I need to do with this new wallet?  Asking me to set up an Alias but honestly no idea what that is, having been hanging around the crypto scene much for some time.

HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
Blockchain Foundry Engages Marketing Agency

After listening to community feedback and a long search, Blockchain Foundry has chosen Ballistic Arts Media Studios Inc. to enhance the marketing effectiveness of all services and product lines. This is the beginning of a long-term partnership that will solidify the branding strategy and improve marketing presence of Syscoin, the upcoming Blockmarket Web, and future projects across all media.


Ballistic Arts Website and Portfolio

Ballistic Arts is a full-service marketing agency whose clients include the highly recognized Simon Fraser University, Recycle BC, Capilano College, Vancouver International Auto Show and more. They have been highly commended for their work in digital marketing, video production, motion graphics, web development, and branding.
“We’re excited to work with Blockchain Foundry. We’re confident we can make Blockmarket a household name and make Syscoin a top ten coin.”, says Ted Lau, CEO of Ballistic Arts, “Some of our staff are passionate about cryptocurrency, so we have a deep insight into the ecosystem. Marketing can make or break any company, and we have the resources and experience to deliver tremendous value to Blockchain Foundry and the Syscoin protocol.”
Plans for amalgamating and updating the Blockchain Foundry website assets are now incorporated into a wide-scale marketing strategy which is focused not only on boosting the online presence of Syscoin and Blockchain Foundry among cryptocurrency audiences, but also on making sure that Blockmarket Web and future projects launch with a bang heard well outside the cryptocurrency ecosystem.
Ballistic Arts has begun the rebranding phase, which will affect the look and feel of all Blockchain Foundry products and should conclude around the end of October. The new brand strategy will then be rolled out with the new website which will remain under development until rebranding is complete. Following the website launch, Ballistic Arts will be taking over web management tasks under the guidance of the Blockchain Foundry Team.
https://youtu.be/4Xr_P359Z8k

As part of our new marketing strategy, Ballistic Arts has additionally begun production of a promotional video and other assets vital to the launch of Blockmarket Web. The promotional video will showcase Blockmarket for a broader, non-crypto audience.
“Blockmarket Web will have a global influence and our marketing strategy needs to be prepared to engage this audience. Ballistic Arts has the large and diverse team required to do this.” commented Brad Hammerstron, CMO of Blockchain Foundry, “They are more than capable and I look forward to start showing the results of this partnership.”


ballisticarts.com • @ballisticarts
Join us on our Slack Channel or our Telegram Channel for more information. Get an automatic invitation to our Slack Channel here: join.syscoin.org

https://medium.com/@BlockchainFoundry/blockchain-foundry-engages-marketing-agency-4d302184cfcf


Now I'm burning up!  Cheesy  Totally jazzed. I have no doubt that SYS will be a top 10 crypto! Fantastic news to add to all the previous fantastic news. Just couldn't ask for more. Great job you guys are doing!
HR
legendary
Activity: 1176
Merit: 1011
Transparency & Integrity
It hard to believe the movement of the Syscoin's price. I think someone accumulates and try to hold coin's price at 4000 satoshi. Technic analysis and fundamental analysis is very good and powerful. Big expectations in October. I think a new all-time high is possible before the end of this year. Just need some more time before the big bullish rally.

I dipped even further to 3500. This must be a good buy at the moment, given all the upcoming news.... I'm buying more.

I don't. I finally sold my stuff and moved on from this. I got banned from Slack for bringing up the ongoing decline of the price in a normal manner. This is really a big red flag for me if criticism is handled like this. No discussion, my user account just got disabled, that is pathetic. Reddit is dead as well. Pump groups make advertisements there and the things are not getting removed for over 5 days. This thread is also silent. Everybody moved on. People are not even caring to vote syscoin for being added to Binance. Those are red flags again for me.

Sys didn't really recover any of the losses with the China FUD market crash. Sys bleeds to death and the devs are not bringing any news to create at least some hype or informing people what might be happening. That is just a big middle finger in the face of every investor. I pity those who actually bought at ATH some weeks ago. Those extra strong declines and wild price swings don't inspire confidence to attract new potential investors and people are deluding themselves if they expect any recoveries soon. Where is the new floor? 2k sats again?

My take on the "silence" here is that it is one of silent confidence. What with Blockchain Foundary and the plans for a Bonded Validator System as solutions for market-driven needs, it certainly looks like SYS is making the transition from first generation coin to a modern cryptocurrency with real world use applications as well as being a secure storage of wealth.

Frankly, I didn't even know who Binance was. I had to google them. Well, truthfully, I went to coinmarketcap.com too. Couldn't even find out where they are based from their website. https://www.binance.com/ Googled "Binance physical location" in order to get that from 3rd parties.
https://www.google.com/search?dcr=0&source=hp&q=Binance+physical+location&oq=Binance+physical+location&gs_l=psy-ab.3..35i39k1.2396.2396.0.3450.3.2.0.0.0.0.106.106.0j1.2.0.dummy_maps_web_fallback...0...1.1.64.psy-ab..1.2.489.6...383.S61TdzT4HUY

Everything is bleeding, well, almost. The SegWit currencies especially, well, almost everybody there as well.

Again, in the case of SYS, I think there are very savvy people buying on the cheap and the rest of us who are holding, doing so with a high level of confidence in what's being done here. You know, it has adopted state of the art legacy advancements (hope that doesn't sound too oxymoronic) while jumping ahead and claiming a very interesting niche in the real world use space. And they're modifying the base protocol to increase security as well.

The only thing I wish there was more of is real PoS. A hybrid 90/10 PoS/POW would set me on fire. Cool

Thats what it essentially will be since.bonded validators are PoS while.the mining component is PoW. Majority of the rewards will goto bonded validators to the tune of what you suggest roughly. In the case of v2 masternode design the PoW blockchain for Syscoin becomes more of an adjucator with elegant seperation of concerns.

Great to know! I'm on fire!  Grin
full member
Activity: 166
Merit: 101
Great news for SYS!
I believe it was a good decision to contract marketing with an external company. Preparing for the Blockmarket Web, customers must be involved from outside of the crypto community. Praise the news to everyone, SYS is not just a cryptio-thing, it's a company with a working product for everybody, even grandma'.
full member
Activity: 126
Merit: 100
Good news, and good choice! Great to see you guys taking this thing to the next level. Proper marketing will lift SYS to the next level. I will collect more SYS now. Price is ridiculous now, bargain
sr. member
Activity: 285
Merit: 251
Blockchain Foundry Engages Marketing Agency

After listening to community feedback and a long search, Blockchain Foundry has chosen Ballistic Arts Media Studios Inc. to enhance the marketing effectiveness of all services and product lines. This is the beginning of a long-term partnership that will solidify the branding strategy and improve marketing presence of Syscoin, the upcoming Blockmarket Web, and future projects across all media.


Ballistic Arts Website and Portfolio

Ballistic Arts is a full-service marketing agency whose clients include the highly recognized Simon Fraser University, Recycle BC, Capilano College, Vancouver International Auto Show and more. They have been highly commended for their work in digital marketing, video production, motion graphics, web development, and branding.
“We’re excited to work with Blockchain Foundry. We’re confident we can make Blockmarket a household name and make Syscoin a top ten coin.”, says Ted Lau, CEO of Ballistic Arts, “Some of our staff are passionate about cryptocurrency, so we have a deep insight into the ecosystem. Marketing can make or break any company, and we have the resources and experience to deliver tremendous value to Blockchain Foundry and the Syscoin protocol.”
Plans for amalgamating and updating the Blockchain Foundry website assets are now incorporated into a wide-scale marketing strategy which is focused not only on boosting the online presence of Syscoin and Blockchain Foundry among cryptocurrency audiences, but also on making sure that Blockmarket Web and future projects launch with a bang heard well outside the cryptocurrency ecosystem.
Ballistic Arts has begun the rebranding phase, which will affect the look and feel of all Blockchain Foundry products and should conclude around the end of October. The new brand strategy will then be rolled out with the new website which will remain under development until rebranding is complete. Following the website launch, Ballistic Arts will be taking over web management tasks under the guidance of the Blockchain Foundry Team.
https://youtu.be/4Xr_P359Z8k

As part of our new marketing strategy, Ballistic Arts has additionally begun production of a promotional video and other assets vital to the launch of Blockmarket Web. The promotional video will showcase Blockmarket for a broader, non-crypto audience.
“Blockmarket Web will have a global influence and our marketing strategy needs to be prepared to engage this audience. Ballistic Arts has the large and diverse team required to do this.” commented Brad Hammerstron, CMO of Blockchain Foundry, “They are more than capable and I look forward to start showing the results of this partnership.”


ballisticarts.com • @ballisticarts
Join us on our Slack Channel or our Telegram Channel for more information. Get an automatic invitation to our Slack Channel here: join.syscoin.org

https://medium.com/@BlockchainFoundry/blockchain-foundry-engages-marketing-agency-4d302184cfcf
newbie
Activity: 59
Merit: 0
I wish there was more information on the rewards for version 1 and version 2 masternodes. If people could have this, they would be frantically calculating the rewards of their potential investments. I'm sure it would help push the price up.

90/10 PoS/PoW sound like a great split but how much SYS will this make per masternode in theory?
full member
Activity: 208
Merit: 100
Syscoin has the opportunity to be listed on one of China’s largest Alt Coin exchanges; Binance. To get listed, we need to win the community coin vote on their website. Voting is only open until the 5th of October 2017, so please go and cast your votes today!

https://www.binance.com/vote.html
legendary
Activity: 2044
Merit: 1005
It hard to believe the movement of the Syscoin's price. I think someone accumulates and try to hold coin's price at 4000 satoshi. Technic analysis and fundamental analysis is very good and powerful. Big expectations in October. I think a new all-time high is possible before the end of this year. Just need some more time before the big bullish rally.

I dipped even further to 3500. This must be a good buy at the moment, given all the upcoming news.... I'm buying more.

I don't. I finally sold my stuff and moved on from this. I got banned from Slack for bringing up the ongoing decline of the price in a normal manner. This is really a big red flag for me if criticism is handled like this. No discussion, my user account just got disabled, that is pathetic. Reddit is dead as well. Pump groups make advertisements there and the things are not getting removed for over 5 days. This thread is also silent. Everybody moved on. People are not even caring to vote syscoin for being added to Binance. Those are red flags again for me.

Sys didn't really recover any of the losses with the China FUD market crash. Sys bleeds to death and the devs are not bringing any news to create at least some hype or informing people what might be happening. That is just a big middle finger in the face of every investor. I pity those who actually bought at ATH some weeks ago. Those extra strong declines and wild price swings don't inspire confidence to attract new potential investors and people are deluding themselves if they expect any recoveries soon. Where is the new floor? 2k sats again?

My take on the "silence" here is that it is one of silent confidence. What with Blockchain Foundary and the plans for a Bonded Validator System as solutions for market-driven needs, it certainly looks like SYS is making the transition from first generation coin to a modern cryptocurrency with real world use applications as well as being a secure storage of wealth.

Frankly, I didn't even know who Binance was. I had to google them. Well, truthfully, I went to coinmarketcap.com too. Couldn't even find out where they are based from their website. https://www.binance.com/ Googled "Binance physical location" in order to get that from 3rd parties.
https://www.google.com/search?dcr=0&source=hp&q=Binance+physical+location&oq=Binance+physical+location&gs_l=psy-ab.3..35i39k1.2396.2396.0.3450.3.2.0.0.0.0.106.106.0j1.2.0.dummy_maps_web_fallback...0...1.1.64.psy-ab..1.2.489.6...383.S61TdzT4HUY

Everything is bleeding, well, almost. The SegWit currencies especially, well, almost everybody there as well.

Again, in the case of SYS, I think there are very savvy people buying on the cheap and the rest of us who are holding, doing so with a high level of confidence in what's being done here. You know, it has adopted state of the art legacy advancements (hope that doesn't sound too oxymoronic) while jumping ahead and claiming a very interesting niche in the real world use space. And they're modifying the base protocol to increase security as well.

The only thing I wish there was more of is real PoS. A hybrid 90/10 PoS/POW would set me on fire. Cool

Thats what it essentially will be since.bonded validators are PoS while.the mining component is PoW. Majority of the rewards will goto bonded validators to the tune of what you suggest roughly. In the case of v2 masternode design the PoW blockchain for Syscoin becomes more of an adjucator with elegant seperation of concerns.
newbie
Activity: 133
Merit: 0
It hard to believe the movement of the Syscoin's price. I think someone accumulates and try to hold coin's price at 4000 satoshi. Technic analysis and fundamental analysis is very good and powerful. Big expectations in October. I think a new all-time high is possible before the end of this year. Just need some more time before the big bullish rally.

I dipped even further to 3500. This must be a good buy at the moment, given all the upcoming news.... I'm buying more.

Do you think is the right time to buy for a masternode? Do you know what the pay for masternode is like?
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