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Showing 7 of 7 results by Nytrobound
Re: [ANN][SHIFT] The New Web | IPFS/Phantom | JENGA Dynamic DNS solution for IPFS
Hey guys - great project. Is there any planned coin swaps or forks in the near future?
What do you mean? Why should Shift fork itself?
Re: [ANN][SHIFT] The New Web | IPFS/Phantom | JENGA Dynamic DNS solution for IPFS
Thanks man!
Does this mean I should always vote for the max. amount of delegates (33)? How long will my vote last? Indefinitely until I cancel my current delegate array?
Does this mean I should always vote for the max. amount of delegates (33)? How long will my vote last? Indefinitely until I cancel my current delegate array?
Hey there,
1. The max amount of delegates you can vote for is 101, but only 33 in one go.
2. You technically could vote for all pools and thus get the highest profit, but you should make sure they are trustworthy, online on Ryver (or per E-Mail), have an extreme high uptime and support the testnet
3. AFAIK There is no difference currently in your voting weight no matter if you vote for only 1 delegate or 101. However, I think it was mentioned that this could change, so that the smaller stakeholders get more "powerful" in comparision to the big stakeholders. If this is going to happen, there definitely will be announcement.
4. Your votes are casted indefinitely until you remove them from your vote list.
Hope I could help out. If you have anymore questions, feel free to ask! There aren't any stupid questions
- Daniel
I have kind of a related question about DPoS in general...
Let's say I vote for 10 delegates. Then let's say I forget to monitor them, and 5 of my 10 fall out of the top 101, so only half of my chosen delegates are actually forging. Does that mean that I would only get half of the rewards I 'should' get, because half of my vote is being wasted (not really wasted, but you know what I mean), or does the weight of my vote redistribute itself to the delegates that are still forging, so that my rewards stay the same?
Alrighty, that's simple. Let's say you voted for 10 delegates that give out 80% of their rewards. You get your fair share, as long as these delegates are forging. If 5 of them fall out, you don't get any rewards from them anymore, because they don't get any rewards. Only you vote for delegates and it doesn't adjust itself.
That might have been a bit confusing, so tell me if I need to explain in greater detail
Re: [ANN][SHIFT] The New Web | IPFS/Phantom | JENGA Dynamic DNS solution for IPFS
Thanks man!
Does this mean I should always vote for the max. amount of delegates (33)? How long will my vote last? Indefinitely until I cancel my current delegate array?
Does this mean I should always vote for the max. amount of delegates (33)? How long will my vote last? Indefinitely until I cancel my current delegate array?
Hey there,
1. The max amount of delegates you can vote for is 101, but only 33 in one go.
2. You technically could vote for all pools and thus get the highest profit, but you should make sure they are trustworthy, online on Ryver (or per E-Mail), have an extreme high uptime and support the testnet
3. AFAIK There is no difference currently in your voting weight no matter if you vote for only 1 delegate or 101. However, I think it was mentioned that this could change, so that the smaller stakeholders get more "powerful" in comparision to the big stakeholders. If this is going to happen, there definitely will be announcement.
4. Your votes are casted indefinitely until you remove them from your vote list.
Hope I could help out. If you have anymore questions, feel free to ask! There aren't any stupid questions
- Daniel
Re: [ANN][SHIFT] The New Web | IPFS/Phantom | JENGA Dynamic DNS solution for IPFS
After testnet release, the price will rise above $25
AFAIK testnet is already released and Phantom is also running on most nodes there, so I don't really get what you mean with that.
Re: [ANN][SHIFT] The New Web | IPFS/Phantom | JENGA Dynamic DNS solution for IPFS
Will they try to compete with storage solutions already in place like STORJ and SIACOIN?
If I am reading their site correctly, do users lend out their hard drive on the SHIFT network so that people can host their websites on another person's hard drive?
If I am reading their site correctly, do users lend out their hard drive on the SHIFT network so that people can host their websites on another person's hard drive?
AFAIK STORJ and SIACOIN have focused on decentralized storage and not websites, like SHIFT. So there might be some overlaps, but it isn't a direct competitor in this sense.
To answer your other question: People are going to be able to lend out their hard drive (node) on the SHIFT network for other people websites and earn SHIFT.
Re: DNotes 2.0 - Bridging the Gap Between the Centralized and Decentralized World
Hey there,
I just saw this thread and I have to admit, DNotes 2.0 looks very interesting! However, from the post there are a few tings that aren't quite clear to me.
1. Which consensus mechanism this coin uses. Is it Proof-of-Work mining or something else?
2. How many coins are in circulation?
3. What is the inflation rate per year?
Looking forward for some answers
-nytro
I just saw this thread and I have to admit, DNotes 2.0 looks very interesting! However, from the post there are a few tings that aren't quite clear to me.
1. Which consensus mechanism this coin uses. Is it Proof-of-Work mining or something else?
2. How many coins are in circulation?
3. What is the inflation rate per year?
Looking forward for some answers
-nytro
Re: [ANN] Crowdfunding in progress! 55 BTC RAISED! -5 DAY 🔹CryptoForecast [CFT]🔹
Since this is an altcoin, uses blockchain and you are able to transfer coins, I would like to know what consensus mechanism is used. Is it like Bitcoin PoW mining or did I understand something wrong?
-nytro
-nytro