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Topics - Rob Andrews

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1
Production Proposals / September 2023 Orphan Expenses - Cameroon One
« on: September 24, 2023, 06:33:28 AM »
We currently sponsor 35 orphans from cameroon-one, and this proposal is for the primary payment to cameroon-one.

I am seeking 7MM bbp (approx $600) covering a high proportion of the orphans (we pay $40 per month for each orphan). 

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b


2
Active Discussions / BiblePay Dynamic Sanctuaries
« on: September 18, 2023, 05:08:42 PM »
BIBLEPAY DYNAMIC SANCTUARIES

Our wallet gives you the ability to choose the size of the sanctuary you can afford.  Choose between Altar (455,001 collateral), Sanctuary (4,500,001 collateral), or Temple (45,000,001 collateral).

This gives you the ability to participate in BBP rewards no matter what your budget is: small, medium or large.
The Altar pays at a rate of 10%, the Sanctuary 100%, and the Temple at 1000% of the block reward rate.

You can run your sanctuary in Active or Passive mode.

For active sanctuaries you will receive a 100% reward, while passive sanctuaries receive a 50% reward.
Passive sanctuaries are a good place for people to lock latent BBP funds to earn a reward.
Each sanctuary automatically mines blocks, and only sanctuaries may mine on the BBP network, giving the sanctuary both the mining reward plus the Sanctuary reward.

Sanctuaries perform important functions such as Instant Send Locking (facilitating instant transactions), Chainlocks (preventing 51% attacks), Governance proposal payments, LLMQ Quorums, and they even provide blocks for our network creating a strong backbone for the BBP network.

With deterministic sanctuaries, all payments are stored in an orderly fashion, in an ordered list on chain and paid round robin in order. 

This feature accomplishes a truly decentralized sanctuary network that latent funds can be stored in a safe way, since its Your Key, Your Funds.

I'm excited about this feature for the future of BBP.  This has the potential to attract thousands of users that gave up on mining because of monopolies stealing their hashpower, and also crypto enthusiasts who believe in the future investment power of crypto as an alternative to conventional banking to store latent BBP.


3
Active Discussions / Nov 2023 - Latter Rain Release
« on: September 17, 2023, 04:29:40 PM »

November 2023 Release - Latter Rain



Welcome to TestNet - Latter Rain!



Testing Starts: September 18th, 2023
Testing Ends: November 1, 2023



In this thread we will be testing:

- New sanctuary sizes (Altar, Sanctuary, Temple) with collateral amounts (455,001, 4,500,001, and 45,000,001) and corresponding payments of (10%, 100%, 1000%)
  a. Verify each size of sanc can register properly and appear in the deterministic masternode list
  b. Verify the payment amount on each sanc
  c. Verify the chain can sync from 0 after we solve some temple blocks
- Verify the monthly superblock still works and emits and is the correct amount
- Our background batch job has been retired (ReviveSanctuaries); this is because now investors should not interfere with LLMQ quorums
- Verify Quorums form for Temples only (this increases the reliability for Chainlocks)
- Verify Temple and Altar coins in wallet lock in coin control and require an unlock (like regular sancs) so they dont get spent by accident
- Verify inactive sanctuaries (IE investor nodes) receive 50%
- Verify masternodelist shows the Tribe for a Temple
- This release includes a fix in RX miner to sleep after solving a block in MAINNET to attempt to prevent the CLSIG (Chainlock) lagging block scenario
- Cutover height 192200






Explain Changes to Entire BiblePay Network:   

- Explanation of the Sanc sizes and benefits:

https://forum.biblepay.org/index.php?topic=945.new#new


- Explain usage instructions



Wiki Articles:



Older - Create a Sanc:
https://wiki.biblepay.org/Create_Sanctuary


Starting Version:    0.17.4.4:

(Please ensure your version is greater than this, in order to sync.  See post #2 for current hash.


Testnet Download Links:


Ready:
     Windows 64-bit:      https://biblepay.org/biblepay64develop.exe
     Linux 64 bits II (QT/biblepayd/biblepay-cli) zip:  https://biblepay.org/bbp-lin-develop-64.zip


NOT READY (ask before trying):
     (Inquire first before downloading) MacOS QT: https://biblepay.org/biblepay-harvest-develop.dmg



To self compile:
git pull origin develop

https://github.com/biblepay/biblepay/blob/develop/BuildBiblePayDevelop.txt






CONFIGURING FOR TESTNET:

Create a biblepaytest.conf file with the following contents:
testnet=1

Place the file in ~/.biblepay


Start testnet by typing:
./biblepay-qt -conf=biblepaytest.conf

(Note the blocks and chainstate will sync into the ./biblepay/testnet3 folder.

NOTE: If you only have one machine, you can run in testnet side by side a prod node.

To create a TestNet Sanctuary:

https://wiki.biblepay.org/Create_Sanctuary

__________________________________________________________________________________________________________________________________________________________________________________________



                                                                   OUR BIBLEPAY CORE TESTERS



#1 - Oncoapop

#2 -

#3 - Rob Andrews

#4 -









4
Production Proposals / June 2023 Orphan Expenses Cameroon One - End of June
« on: June 11, 2023, 06:53:38 AM »
Quote from: Rob Andrews on May 13, 2023, 02:41:44 PM
We currently sponsor 35 orphans from cameroon-one, and this proposal is for the primary payment to cameroon-one.

I am seeking 1.8MM bbp (superblock limit) covering a small proportion of our 35 orphans (we pay $40 per month for each orphan). 

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b

5
Production Proposals / June 2023 Orphan Expenses - Cameroon One
« on: May 13, 2023, 02:41:44 PM »
We currently sponsor 35 orphans from cameroon-one, and this proposal is for the primary payment to cameroon-one.

I am seeking 6MM bbp (approx $500) covering a high proportion of our 35 orphans (we pay $40 per month for each orphan). 

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b

6
Production Proposals / May 2023 Cameroon One Expenses
« on: April 20, 2023, 07:41:03 PM »
We currently sponsor 35 orphans from cameroon-one, and this proposal is for the primary payment to cameroon-one.

I am seeking 7MM bbp (approx $600) covering a high proportion of our 35 orphans (we pay $40 per month for each orphan). 

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b

7
Production Proposals / April 2023 - Cameroon-One Orphan Expenses
« on: April 02, 2023, 07:08:57 AM »
We currently sponsor 35 orphans from cameroon-one, and this proposal is for the primary payment to cameroon-one.

I am seeking 8MM bbp (approx $600) covering a high proportion of our 35 orphans (we pay $40 per month for each orphan). 

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b

8
Production Proposals / March 2023 - Cameroon One Orphan Expenses
« on: March 04, 2023, 07:45:17 AM »
We currently sponsor 35 orphans from cameroon-one, and this proposal is for the primary payment to cameroon-one.

I am seeking 8.4MM bbp (approx $600) covering a high proportion of the orphans (we pay $40 per month for each orphan). 

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b

9
Production Proposals / Feb 2023 Cameroon-One Orphan Expenses
« on: February 05, 2023, 06:46:40 AM »
We currently sponsor 35 orphans from cameroon-one, and this proposal is for the primary payment to cameroon-one.

I am seeking 9MM bbp (approx $600) covering a high proportion of the orphans (we pay $40 per month for each orphan).  Our monthly gov cap is currently 9.6MM bbp.

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b


10
Production Proposals / Jan 2023 Cameroon One Orphan Payments
« on: January 10, 2023, 06:41:30 AM »
We currently sponsor 35 orphans from cameroon-one, but our monthly budget will not cover the entire portfolio.

I am seeking 10MM bbp (approx $700) which should cover approx 30 orphans of our 35.

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b

11
Production Proposals / Dec 2022 Cameroon-One Orphan Payments
« on: December 03, 2022, 03:26:57 PM »
We currently sponsor 35 orphans from cameroon-one, but our monthly budget will not cover the entire portfolio.

I am seeking 11MM bbp (approx $700) which should cover approx 30 orphans of our 35.

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b


12
Production Proposals / Video Transcoder Mining - Red Sea Changes for March 2023 Release
« on: November 26, 2022, 07:30:38 AM »
This proposal summarizes the changes to be made in Red Sea for our March 2023 release:

The preproposal discussion thread was here:
https://forum.biblepay.org/index.php?topic=913.0

Summary of changes:
- Add Video Transcoding/processing to our suite of services that the sanctuary will be executing. 
- Remove the necessity to have a RandomX pool.
- Remove the RX pool and the UTXO staking pages from unchained.biblepay.org.
- Make the mining non-competetive (this is so one sanctuary will not attempt to hog all of the rewards).  The video transcoding will be done in a non competetive way, rewarding the sanctuaries in round robin fashion using the deterministic rewards schedule already in place (the sanctuary block reward schedule).
- Decrease the Mined block reward by 99%, while increasing the sanctuary reward by that same amount (this removes the competetiveness of mining).  Two rules maintain block security:  One, we have chainlocks already in place (so there is no 51% attack).  Two, only sanctuaries may solve blocks, therefore the network cannot be attacked by external parties.
- Remove the UTXO staking reward, and increase the sanctuary reward by that same amount.
- Make the Sanctuary nodes assess Storage utilization (of videos and files) per BBP key, and bill for that usage monthly. 
- Block emission:
10% orphan charity, 5% governance, 85% sanctuary-video-mining.
- Sanctuary min server specs:  6 core processor, 400 gb hard drive :
https://contabo.com/en/vps/vps-m-ssd/?image=ubuntu.267&qty=1&contract=1&storage-type=vps-m-400-gb-ssd
- BBP core wallet will be modified to generate storage keypairs.  Anyone with a balance can store files or videos in our storage network.  The sancs will still act as CDNs.


13
Active Discussions / March 2023 - Red Sea Release
« on: November 12, 2022, 07:51:18 PM »

June 2023 Release - Red Sea



Welcome to TestNet - Red Sea!



Testing commences: Dec 12th, 2022
Testing Ends: June 12th, 2023



In this thread we will be testing:

- Testing Unchained Desktop (bringing custom features from BBP to the desktop)

- Verify emissions for core mining subsidy, core sanc reward, daily governance, and monthly governance

- Using BBP Unchained Keypair to Spend in Unchained

- Test the new BiblePay Phone System

- Viewing an mp4 on the desktop

- Monthly file storage debit process for a storage user

- Uploading a sample video, playing a sample video as a user

- Sanc investor mode vs Mining Mode




Explain Changes to Entire BiblePay Network:   

- Explain transition from RandomX to Sanctuary Mining

- Explain usage instructions from customer and user perspective



Wiki Articles:



Older - Create a Sanc:
https://wiki.biblepay.org/Create_Sanctuary

Older - Installing BMS:
https://wiki.biblepay.org/Install_BMS




Starting Version:    0.17.3.3:

(Please ensure your version is greater than this, in order to sync.  See post #2 for current hash.


Testnet Download Links:


Ready:
     Windows 64-bit:      https://biblepay.org/biblepay64develop.exe


NOT READY (ask before trying):
     Linux 64 bits II (QT/biblepayd/biblepay-cli) zip:  https://biblepay.org/bbp-lin-develop-64.zip
     (Inquire first before downloading) MacOS QT: https://biblepay.org/biblepay-harvest-develop.dmg



To self compile:
git pull origin develop

https://github.com/biblepay/biblepay/blob/develop/BuildBiblePayDevelop.txt


TODO during release:
Move Mobile Endpoint for mobile wallet unchained:
From foundation.biblepay.org to         https://unchained.biblepay.org/BMS/MobileAPI






CONFIGURING FOR TESTNET:

Create a biblepaytest.conf file with the following contents:
testnet=1
(optional:  debug=1)

Place the file in ~/.biblepay



Start testnet by typing:
./biblepay-qt -conf=biblepaytest.conf

(Note the blocks and chainstate will sync into the ./biblepay/testnet3 folder.

NOTE: If you only have one machine, you can run in testnet side by side a prod node.

To create a TestNet Sanctuary:

https://wiki.biblepay.org/Create_Sanctuary

__________________________________________________________________________________________________________________________________________________________________________________________



                                                                   OUR BIBLEPAY CORE TESTERS



#1 -

#2 -

#3 - Rob Andrews

#4 -









14
Production Proposals / Dec 2022 Cameroon One Orphan Expenses
« on: November 12, 2022, 02:47:52 PM »
We currently sponsor 35 orphans from cameroon-one, but our monthly budget will not cover the entire portfolio.

I am seeking 12MM bbp (approx $1100) which should cover approx 30 orphans of our 35.

Payout going directly to cameroon-one: BF6qmwBMmnmb4FbSmRGTeWQL1m3rwh5n7b


15
Pre-Proposal Discussion / Sanctuary Video Transcoding Mining - 2023
« on: November 07, 2022, 06:40:36 AM »
I'm making the case for a change to Biblepay in 2023 that I believe has the potential to make us more valuable and efficient.
 
It's widely believed that real world use cases are the key to success in this industry and I believe if BiblePay provides a solid real-world use case, it can rise to become a top crypto.

(Aside from the fact that we do have real world use cases for Christians covered, such as funding orphan charity by sponsoring orphans, accepting tithes from crypto users and being a Christan branded wallet) but further from that:

RandomX is good in many ways, its fair and full of integrity because it provides honest rewards for any type of hashing power.  But where I see the problems with POW mining:  the mining concentration ends up going to these small pockets of consolidated miners in areas where electricity is cheap and ends up being a small handful of people that have the machines and power to mine (not the everyday random user we expected).  The original vision was for the small time end user to simply hash the KJV bible and every small random miner gets a reward and thats clearly not happening.  Partially because we have discovered you cant trade anonymity for security, and with the POW protocol, the bigger players consolidate into a monopoly because they can afford to.

Enter video-transcoding mining from sanctuaries.  Video transcoding is a very popular use of computing power.  Look at Transcoding Libx264 HLS transcoding APIs on the internet and see there is a lot of competition and it costs a fair amount of money per video (usually half a cent per minute etc).  The idea is to accept jobs for free as a network (emphasizing Christian videos if possible that get uploaded as mp4s to our network) and our sancs process these instead of the mining function (by accessing a backlog queue) and they store these in our dec. storage network for viewing.  When our partner sites use these videos and pay for storage fees we keep these otherwise they get purged.  (We can discuss storage fees in a different proposal, this proposal is for mining).

The miner in the sanctuary would be modified to run at a non-competitive hashrate (so that some sanctuaries do not act in an arms race fashion to take all the rewards), the rewards would be round robin and fair based on the existing deterministic pay schedule.  The mining reward would be reduced by 95% so as to remove this competetiveness but the Sanctuary standard reward would be Raised by the same amount to compensate all Sancs equally for this workload.

The wallet itself would be modified to only accept Sancs as valid miners (blocks would only be solved by sancs).  The randomx pool would be retired.
New miners would need to lock funds to run a sanc to be a miner.

For the small investor who does not meet the capital requirements, we will still offer Turnkey Sancs on unchained for that use case so that even the small investors can participate for  network rewards.

At the same time, to maximize ROI per sanc, we will retire UTXO staking as well, thus simplifying the IT requirements behind the scenes.  Those rewards will also be added to the sancs rewards to make it very lucrative to do video mining.

Thus in the end, our block emission would be:  10% orphan charity, 5% governance, 85% sanctuary-video-mining.

Longer term picture looks like this:

- Companies use BBP to transcode videos and to Store videos
- We as a network bill for transcoding and storage fees for videos stored on our network (real world use case)
- Videos that are not paid for are purged from storage
- We set up a channel for God related videos to be encouraged to be uploaded.  They are reviewed by users and if legal, the foundation continues to pay storage fees for those videos so they can be watched on our social media system.


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