Messages

211

Pre-Proposal Discussion / Re: Sanctuary Video Transcoding Mining - 2023

« on: November 17, 2022, 06:10:10 AM »

What are the current requirements for a Sanctuary? The amount of BBP and minimum server specs?

4.5MM bbp, and a dedicated 6core ubuntu 20.04 VMS with at least 400Gb hard drive free.

212

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 -

213

General Support / Re: Wallet is not syncing

« on: November 12, 2022, 07:32:46 PM »

Greetings,

I have Biblepay on a Mac and since I'm a windows user I do not use the Mac as much.  It's strange that so much time has passed since I ran the wallet.

I love this project just have staked about 25 other coins and only about 5 have been worthwhile to this day.  About 5 others are still going but not that great.

So, I booted up the Mac with a commitment to keep it going and found that after about a day Bible pay is still not sync'd.  I looked in the Repair Wallet function
and was going to try one of those but thought I would check here first.

Sorry for the late reply, but I didn't get the auto e-mail notification on this.

Are you still having this problem?

214

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

215

BiblePay Current Discussion / Re: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

« on: November 07, 2022, 06:41:09 AM »

Video Mining discussion for 2023:

https://forum.biblepay.org/index.php?topic=913.new#new

216

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.

217

BiblePay Current Discussion / Re: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

« on: November 06, 2022, 10:26:11 AM »

From Kairos Childrens Fund:

https://social.biblepay.org/post/1431_.html

218

Production Proposals / Nov 2022 Cameroon One Expenses

« on: October 22, 2022, 08:37:54 AM »

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

219

Active Discussions / October 2022 Cameroon One Orphan Expenses

« on: September 21, 2022, 07:07:46 AM »

We are transitioning back to Monthly governance proposals (from POOS).

We currently sponsor 35 orphans from cameroon-one, but our monthly budget will not cover the entire portfolio.

I am seeking 12MM bbp (approx $1000) which should cover approx 25 orphans of our 35.

220

BiblePay Current Discussion / Re: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

« on: September 11, 2022, 03:19:58 PM »

I was reading about the new upcoming RSS3 standard and I found it to be pretty interesting:
https://cointelegraph.com/news/rss3-aims-to-be-the-decentralized-information-processor-of-web3

One implementation of it:
https://github.com/NaturalSelectionLabs/RSS3-Protocol/blob/main/README.md
Spec:
https://docs.rss3.io/assets/RSS3-Whitepaper.pdf


I'm going to look into this; it would be very interesting to be able to collaborate with other aligned web3 leaders and share Users, Social Media posts and Christian content amongst like minded chain services and sites.

221

Announcements & Fundraisers / Re: Third fundraiser for Water Wells in Pakistan

« on: September 10, 2022, 06:51:01 PM »

I followed up with the wells progress on September 10th, 2022.

Due to flooding in the area, progress has stalled.

From Sonny:

I hope you’re doing well. First and foremost I want to thank you for your consistent support that has changed so many lives.  I recognize you and your community are frequent donors so wanted to personally apologize for the delay.

Unfortunately, as of mid August 1/3 of the country has been subject to floods which has impacted our building timelines.

As of now, the tentative plan is to wait a few more weeks for the floods to clear out so we can begin digging again.

If you have any more questions, happy to answer as best as I can.

222

Archived Proposals / September 2022 Orphan Expenses - Cameroon One

« on: August 21, 2022, 06:39:45 PM »

We are transitioning back to Monthly governance proposals (from POOS).
We currently sponsor 35 orphans from cameroon-one, but our monthly budget will not cover the entire portfolio.
(Rob is currently covering the difference).

This proposal is for the September expenses.
I am seeking 12.8MM bbp (approx $500) which should cover approx 13 orphans of our 35.

223

BiblePay Current Discussion / Re: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

« on: August 10, 2022, 04:37:57 PM »

Thanks for the update Rob....

I did receive my Ethereum back from Tokok, and they responded via e-mail that my BBP is still on hold because they need to upgrade the wallet.

Will follow up with Tokok again this month.

224

BiblePay Current Discussion / Re: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

« on: August 06, 2022, 01:39:04 PM »

*** Tokok is going out of business ***



I just found out Tokok.com (one of our exchanges) is apparently going out of business immediately.  There is a notice on the web site that in order to withdraw your coins you must e-mail them.  Please check into it if you have any there.

I've got about 5MM or so sitting in there so I will go through the process and let you all know how the experience went.

May this be a lesson for exchanges who report dishonest volume figures:  God is watching.  One positive thing about this is we are no longer affiliated to this dishonest practice nor should we partner with anyone who has unfair weights or measures or practices a lie.  When we signed up for Tokok, I believed the coinmarketcap volume figures and we had to find out the hard way they were being fabricated by their own internal software.

Then the shady withdrawal process on Tokok, even if they honor the withdrawals, they've got it set up to charge you a 5% per month fee on your balance (so your balance will be gone in 20 months).  This is basically a legal (in their eyes, scam in my eyes) way to steal all the account balances they currently have.  They need to repent....

225

BiblePay Current Discussion / Re: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

« on: August 02, 2022, 09:38:41 AM »

*** Note regarding our RandomX Pools ***


MineXMR is our payment provider for outbound XMR payments from our pools to the user.  (We pay half of the rewards in BBP, which come from our pool, and half in XMR which come from the external partner pool).

MineXMR is going out of business on Aug 12th, 2022 so we had to switch payment providers.

In the case of foundation.biblepay.org and unchained.biblepay.org, we switched over to SupportXMR.com.

The change has just been made.  You should not notice any difference as a miner.  The only apparent change is when you navigate (from the left menu) to Pool | XMR inquiry, you will see Support XMR which is a page where you can paste in your XMR address and see what your owed balance is.  (Regarding any amount MineXMR owes you I am sure they will make a final payment, but you can always manually go to MineXMR.com and click Pay Now with your address pasted in).

Technical Note for Pool Owners:  Please switch your config value [ "XMRExternalPool" ] from pool.minexmr.com to "pool.supportxmr.com".

May everyone be blessed by God.