Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][SHIFT] Decentralize the web | Mandatory update to 5.0.0
by
Timbo_Slice
on 21/10/2016, 13:48:45 UTC
Quote from: Daveeoff on October 21, 2016, 01:47:53 AM
Quote from: ShiftConnect on October 20, 2016, 10:45:19 PM
Quote from: [fkdf on October 20, 2016, 10:37:17 PM
Quote from: Daveeoff on October 20, 2016, 02:03:57 PM
How do I get Forging  to turn on in 4miners shift wallet?
Forging is Disabled in wallet I sent the 60 shift to be a delegate my wallet address is daveeoff  14465029441710701481S  with 2683.58963311 SHIFT I'm raked 161
Hello! I have the same situation. People are all the time extracted a coin and support network were now not needed. I look at the balance sheets of the delegates and wonder in this pyramid is absolutely not need a large amount of coins in the accounts to receive regular income, it's just silly! Who chose these delegates? Why such a big difference in the percentage of approval between 101 and 102 delegate. It looks like a conspiracy scam (((

Delegates were chosen from the people who were actively involved in the migration phase and sought a place in the 101 delegates during the time when we went from public testnet to mainnet. However, that doesn't mean newcomers can't set up a node and get people to vote for them. Furthermore forging isn't too profitable at the moment and should barely cover costs for the node.

As we progress we'll be looking at the number of delegates carefully and increase it when it makes sense. One of our main goals is to enable anyone to participate in our network, which means that incentivized nodes for other tasks in our Phantom network will become available at some point too.


Iv been mining shift since before the first take over happen and stuck with it at one time I was the only one mining it on supernova's pool  Iv never set up a vps node before to stake coins ?What's needed after you rent the vps  .I'm just a dumb miner with a room full of gpu's that use's windows to mine this might be out of my skill set. This  puts me off on holding so much Shift. I have way more than the 2683 Shift that's in my wallet still sitting on exchange what would be the reason to keep it seams price  keeps dropping every time there's  a change to the shift team I'v seen price go from over 0.00010000 to what it is now .And now the holders of shift can't mine or stake their coins now with out renting a vps node. Not sure I like the path shift took seems like it would push people away from investing in it or holding what they have .Just my feelings anyhow hope to see it gain more support and do good

It's actually pretty easy to set up a VPS through Digital Ocean. For $10 a month you can get up and running and Digital Ocean has fantastic tutorials on how to set up users, SSH, etc on Ubuntu. With very little experience in any sort of Linux distro I was able to get going fairly easily. The shift install is just a one liner and then editing a config file to allow your IP to connect to the node. The slack channel was a big help there. If you can figure out how to build rigs, optimize GPUs, and set up mining software, you're definitely capable of setting up a delegate node on a VPS.

The only difference now from before is that miners can't just mindlessly mine and dump (that was me when I first started mining the coin  Grin). There needs to be more involvement with the community to get your delegate voted up into the top 101 to forge. There's still some profit to be made, but it's more about the faith in the future of Phantom and the network than profit now.