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Showing content with the highest reputation since 11/30/2019 in Posts

  1. If you're not familiar with Mission 6, let me tell you what needs to happen: When the snapshot will be performed on Monday 23 December 12:00 UTC, your wallet balance should be as close as possible to ZERO. You can do whatever you want with your ERD, voting for articles will be the most popular approach, BUT, in the spirit of Shadow Shards, you could be attacking other players, filling their wallet for the snapshot. Having ERD in their wallet can send someone way down on the Leaderboard, this means better chances for you! I'm putting a target on my back!! In a last at
    3 points
  2. About Delegation System Smart Contracts: I suggest by default to have some variables that helps to define: standard fee (without lock commitment) 3 months fee 6 months fee 12 months fee If a provider only "fill" the variables standard fee and 12 months fee, only this 2 options will be available in the SC This change will cover a lot of scenarios for staking providers
    2 points
  3. The Economic paper we are publishing today presents the economic principles governing the Elrond Network, and how they keep everything aligned Read the full paper here: https://elrond.com/assets/files/elrond-economics.pdf Reasoning and overview Through Elrond we propose a bold vision for a post-capitalist world, providing a new economic model and language specifically designed for the information age. The Elrond token, eGold (eGLD), will have an expected bootstrapping duration of roughly three-to-five years. The Elrond token is inseparable from the Elrond Network, and thus in
    2 points
  4. This proposal is focused on expanding the Elrond staking economy. Please read the information below carefully in preparation for our feedback sessions. The changes we are proposing are meant to open a new era of growth for Elrond, specifically increasing the token distribution and decentralization, strengthening the security of the network, and enabling sustainable business models around staking-as-a-service providers. In short, by enabling more eGold to be staked, more people and validators will participate, more tokens will be locked, security will improve, potentially increasing the va
    1 point
  5. Should we also have a flow in the main DSSC where people will choose lock commitment for a higher APR comparing with no lock commitment ?
    1 point
  6. 1. The APR for validators will remain fixed at 36% as long as number of validators remains fixed at 2169 and the stake per node is fixed, at 2500 eGLD. So during mainnet bootstrapping phases 1 and 2 it will stay like this as the stake and number of validators is fixed. Phase 3 and 4 will permit the number of nodes and stake to increase so it means the APR will change as well (as the amount of rewards per year is fixed). 2. The validators queue will follow the same logic as the delegation queue, first come first served.
    1 point
  7. Please refer to sections 2.5 Rewards calculation and distribution in the paper. Rewards are distributed at the end-of-epoch by the following rules: 10% of the fee from one block is received by the block proposer, while the rest of 90% goes into a fees pool, TotalFeesToBeDistributed. At the end-of-epoch a calculation will be done to establish how many new tokens have to be minted. This number is established calculating the TotalRewardsToBeDistributed according to maxPossibleInflation, and number of blocks produced by each shard, minus the TotalAccumulatedFees by all the shards during that
    1 point
  8. Howdy folks, my first post, and the forum is a welcomed attribute, one most companies avoid, so embrace this! A brief note: I am an entrepreneurial software dev: having built a $30B budeting tool, been CEO of my own startup (which did not viralize), and been involved in crypto for years. Chatting with Elrond about a significant involvement with validotors due to an investment stream i am soon to be involved with. I see where Elrond can go, and will do what i can to help. I believe firmly that many larger players bought in early in order to keep killing the upswing in market prices, altho
    1 point
  9. I think it's time for a small presentation. My name is Kevin and i'm from France :) My interest for cryptocurrency really started in March and i discovered Elrond quite late in June. I am autodidacte and passionate in web-technologies and i believe that Elrond will occupy myself for the years to come. I am used to work with API and im fluent in SQL. Who know may be one day i will write some smart contracts on Elrond I feel like i'm taking part in history and i'm glad to help the french community in telegram and on medium as a translator :) Have a nice day !
    1 point
  10. Elrond (ERD) is now listed at cointostake.com (staking statistics, live data, monitoring, POS reward calculator) Elrond staking calculator
    1 point
  11. Thank you for response Richard. I kinda had a feeling that was it. Also, thank you for sharing that Elrond had an active Telegram. I will jump on it. Stay healthy. Regards, TCBTCF
    1 point
  12. Hi, I got this sorted. Saw your post while I was looking for a solution so came back to help you guys. You have to first add Elrond as a token (under Custom) in Metamask. To do this, click Metamask to open it, then click on the three dots to the right, then click View On Etherscan. In the Overview section on Etherscan, use the dropdown box and select Elrond. Then copy the CONTRACT ADDRESS over on the right. Go back to Metamask, scroll down and click Add Token, the select Custom Token. Paste the contract address into the field there, then "erd" in the token symbol field. The re
    1 point
  13. Official guide for setting up a node: https://docs.elrond.com/start-a-validator-node/start-the-network Community enhanced official scripts: https://github.com/ElrondNetwork/elrond-go-scripts Community tutorials: “FAQ running Elrond Network node for the first time” by Jose F. Aznar https://link.medium.com/4ime0uLMn0 “Fast Install & Update Elrond Nodes” by Jose F. Aznar https://link.medium.com/pQxZjzOMn0
    1 point
  14. Hello to all of you, wish the entire team success. I'm sure the project will succeed. 😀
    1 point
  15. The list of submitted articles can be found here: https://docs.google.com/spreadsheets/d/1hLrZe2he5vhb5_V6KnvOElVtdhHLyb5X8iI9hRMJjOM/edit?folder=1AMhIA0niwZzOVXt5b2MiaqMyW6TIfslp#gid=0 It's not too late to send yours, the value of these articles surpasses even the best community campaign. Don't forget to submit the articles on the Community Platform as well. Have fun reading and writing!
    1 point
  16. If Medium is not the right medium for your Rate My Node article, go ahead and post it here. May the most wicked-sick setup win!
    1 point
  17. Elrond blueprint wallpaper. Since forum compresses - Full resolution download link: https://i0.wp.com/tarantulo.lt/wp-content/uploads/2019/09/The-Erlond-blueprint.jpg
    1 point
  18. Here is a all you need to know on the technical level about Samsung's cryto enabling Keystore: https://developer.samsung.com/blockchain/keystore/understanding-sdk Elrond will be supported by the Samsung wallet, as a partnership has been announced.
    1 point
  19. Hi guys. I am Lucian. I am a serial technology entrepreneur and angel investor, with more than 15 years experience in Internet and tech related businesses. I took the first step towards entrepreneurship in 2001, when, as a 21 years old student, launched the first website that later became known as Soft32.com. In 2002, I decided to drop The Bucharest University of Economic Studies where I was specializing in Finance, Insurance, Banking and Stock Exchange in order to focus on building and expanding the Soft32 platform that, at its peak, listed more than 150 000 apps and was visited by more
    1 point
  20. Hello friends, Super excited to finally be able to write stuff on our own forum - cool stuff 🙂 So just to intro myself: I've got a Politics and International Relation educational background from Aberdeen University in Scotland - studied, lived and worked in Ireland, Scotland and England for over 7 years. First started my career as a Software and IT recruitment consultant for an international company with HQ in UK, then moved into Employer Branding, Communication and Marketing and now I'm doing Business Development. 2 years ago I returned to my home country - got a decent posi
    1 point
  21. I think the minimum ERD needed for staking will be adjusted over time, therefore there's no limit to maximum nodes number. The network can scale infinitely and there's no limitation on device due to parallel processing and sharding. Even Bitcoin lightning is only ran by 10K nodes for now. First year is crucial. If we can get >3000 nodes, rewards will be less than 90%. More decentralized. In the few early years market might get monopolized by several people with high staking reward.
    1 point
  22. Interesting thread Alwin. I will post here one of the best videos that I know. The interview of Brad Laurie to Beniamin Mincu
    1 point
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