Hey guys. satoshi0x here from Team BiblePay on the World Community Grid team. Been participating in that for a long long time and 24/7 as a matter of fact. GSC rewards have been coming in fine and since upgrading to the last manadatory upgrade v1.5.2.9 on windows (64-bit) wallet I have been able to stay in sync with the current chain shown on the chainz explorer. A few questions...
It appears I am on the right chain now. I stuck with you over the past month with all the different chain splits and updates. "exec reassesschains" finally got me in sync with the newest mandatory upgrade
. I knew when difficulty was hitting 0.00 and the rewards were coming in like wildfire I was due for another trip to my RPC console
. Or update altogether. No sweat.
What is going on though? Are we constantly changing versions and splitting onto forks because of new features being implimented? I keep it simple by just participating in WCG and running BOINC Manager (latest version of course), participating in WCG on Team Biblepay, receiving the GSC rewards, and occasionally getting mined blocks although my rewards for mined blocks (on 8/4 was last for +2 708.09 BBP) and since 9/11 I have received one for +6.00 BBP, +2.39 BBP, and +2.39 BBP (9/19 was the last). What happened to rewards? Is that a new protocol for rewards? I only use one-click mining out of the GUI for windows 64-bit. I mine other crypto on the computer, my focus with BBP is to get my rewards from GSC payouts via WCG. It's steady and enough for me
. As I slowly approach 50,000 BBP mined using the latest mandatory upgrade - I wonder what is next? Obviously at 0.6 satoshi per BBP on southxchange, I wouldn't dream of "cashing out" - it feels like with the way this project is using Bitcoin Core developers since 2009, Dash devs since 2014, and BBP since 2017... there's a lot of reason to the madness. Is this coin meant for some sort of great good? The integration of GSC and BOINC has me exciting. I have always loved the whole BOINC distributed computing idea tied to a team of Crypto community participants and am even more intrigued that our payouts from the GSC are tied to our participation in that.
What the reasoning behind all the other features I'm not using? What direction are we going in? Surely there is some reason to keep adding such features from other projects like Monero (RANDOMX MINING, Dashpay, and other things) all the while using the Berkeley DB 4.8.30 that the oldest of ancient merge mined w BiTCoin SHA-256 coins use (like Devcoin Core for example, and I also believe I0Coin Core - both are using Berkeley DB 4.8.30 from April 9, 2010). Other projects moved on, but I believe there's a reason for both old DB, new features, and the fair CPU mining + innovations like GSC payouts with old distributed computing software projects like BOINC - since 2003, a very awesome tool for great causes...
The price crash, I get it. These features seem to cause the need to constantly upgrade the wallets. Moreso than any project I've seen. I also believe the long run value won't necessarilty depend on BTC pairings etc on exchanges. But I am interested to hear the theory behind price crashes? I mean I'm getting 52 outbound and 10+ inbound connections per my debug console - seems like a lot of data moving in and out of this network. So active! Are we just suffering from exchanges not being able to compute our true value?
All the PODC power we're putting into BOINC for example, there's not necessarily a monetary value assigned to those credits we earn but we do get paid BBP proportionally so I plug away. Getting BBP through that kind of GSC mechanism is fun. If I am not mistaken all the value in Uniswap is because of the implementation of a humongous General Smart contract itself. Are we not doing the same to pair our project with BOINC and WCG?
We're definitely innovating! But I cannot possibly keep up with where we are headed and why price changes and forks seem to be crushing out "satoshi" value. Is that intended? Once last fair buy in to a network and blockchain with more in store as a project? Clearly #1 I value human participation in the future value of any project. As a Catholic, now Christian accepting of all faiths under that umbrella and seeing our roots in our predecessors (Old Testamant > Tanukh and forward into others since that use the same scripture) I love the idea of unifying the common good through religion and crypto (PODC, donations, financing, as well as a worldwide payments network that could bring great wealth to areas the fintech world has neglected thus far - but Biblepay has not!)...
What's in store? Why the price crash? Why so many forks? And what's up with the 9/11 (6.00 BBP block reward), 9/18 (2.39 BBP), and 9/19 (2.39 BBP) rewards I've mined since getting on chain again? Did something change? My last mined block 8/4 was par for the norm at (2708 BBP). All of these appear on the explorers and confirmed. Current block and difficulty show on both explorers and my wallet.
Am I missing something?
Thanks and sorry for all the quesitons. I just registered here, maybe there's a better place for all this but I work as an Admin Team member for Devcoin since the beginning of this month and have heavily been working on promoting their Stellar DEX/Horizon asset/OTC trading to get people involved in our projects next steps - so while I've been running WCG and BOINC 24/7, sometimes I only have enough time to get my wallets running properly and miss all these amazing details of what the heck is going on
Will do better going forward but please catch me up if you can. I want to be a part of this in as big of a way as I can. Keep up the great work. This community is thriving and I'm LONG BBP, thick and thin. No worries
Daniel (satoshi0x on WCG - even though the wallet leader board doesn't accurately reflect my participation - check WCG site to see stats:
1000 BBP
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