Bible Pay

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  • Costa82
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    • April 23, 2020, 09:10:05 PM
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** BOUNTY OFFER **

Looks like we need a bounty offers page, and Ill create one asap.

In the mean time Id like to offer a bounty of 3MM BBP to anyone who would like to modify our whitepaper to be current.
Current whitepaper:
https://www.biblepay.org/wp-content/uploads/2018/05/biblepay-whitepaper-single-cover-April2018-1.pdf

It needs updated to have our latest info about RandomX and PODC, etc.   And anything in it that is inaccurate should be corrected.

EDIT:  Sun has provided me with the original docx in English, so the job would entail:  (editing the word docx file) and updating the paper to be current (for a new English version) so we can update our OP post (it says "being updated" currently).

EDIT II:  Here is the original docx that needs updated:

http://san.biblepay.org/Docs/biblepay-whitepaper-single-cover-April2018-1.docx

Original Link:
https://forum.biblepay.org/index.php?topic=153.0

Thanks.

Good evening. Old post, but i wonder if the bounty is still active :D
In any case the link for the doc file http://san.biblepay.org/Docs/biblepay-whitepaper-single-cover-April2018-1.docx  doesnt seem to be working anymore.
Thank you.


  • Rob Andrews
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    • June 05, 2017, 08:09:04 PM
    • Patmos, Island Of
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Good evening. Old post, but i wonder if the bounty is still active :D
In any case the link for the doc file http://san.biblepay.org/Docs/biblepay-whitepaper-single-cover-April2018-1.docx  doesnt seem to be working anymore.
Thank you.

Good morning Costa!

Yes, it looks like we had a DNS issue - its fixed now.

Yes, the Bounty is still active, go for it if you like.

Im happy to see we are making progress with Venezuela!



  • JhoniOne
  • Newbie

    • 16


    • 3
    • May 15, 2020, 03:10:53 PM
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{
  "Command": "rac",
  "cpid": "a7599d89f7bea87602dfb7313e2e1954",
  "CPK": "BENwgjhYYHpJVSVqheX3BdctEtjQCXYwsB",
  "wcg_teamid": 35006,
  "next_podc_gsc_transmission": 200387,
  "team_name": "BIBLEPAY",
  "researcher_nickname": "jhoni_one",
  "researcher_country": "RUSSIAN FEDERATION",
  "total_wcg_boinc_credit": 1580580.55,
  "total_wcg_points": 11064063.85,
  "external_purse_total_coin_age": 132565.0863888889,
  "coin_age_percent_required": 0.99,
  "NOTE!": "Coins must have a maturity of at least 5 confirms for your coin*age to count.  (See current depth in coin control).",
  "WARNING!": "The core wallet requires staking collateral to be stored in your Christian-Public-Key (External Purse) to be available for GSC transmissions.  You currently do not have enough coin age in your external purse.  This means your PODC reward will be reduced to a commensurate amount of RAC.  Please read our PODC 2.0 guide about sending bankroll notes to yourself.  ",
  "coin_age_required": 205545.1252893168,
  "wcg_id": 1097626,
  "rac": 12213.824577
}

Faced with such a problem that for 4 days nothing comes what can be the problem please help the Linux system version of the "wallet version": 1050104"


  • JhoniOne
  • Newbie

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    • May 15, 2020, 03:10:53 PM
    more
{
  "Command": "rac",
  "cpid": "a7599d89f7bea87602dfb7313e2e1954",
  "CPK": "BENwgjhYYHpJVSVqheX3BdctEtjQCXYwsB",
  "wcg_teamid": 35006,
  "next_podc_gsc_transmission": 200387,
  "team_name": "BIBLEPAY",
  "researcher_nickname": "jhoni_one",
  "researcher_country": "RUSSIAN FEDERATION",
  "total_wcg_boinc_credit": 1580580.55,
  "total_wcg_points": 11064063.85,
  "external_purse_total_coin_age": 132565.0863888889,
  "coin_age_percent_required": 0.99,
  "NOTE!": "Coins must have a maturity of at least 5 confirms for your coin*age to count.  (See current depth in coin control).",
  "WARNING!": "The core wallet requires staking collateral to be stored in your Christian-Public-Key (External Purse) to be available for GSC transmissions.  You currently do not have enough coin age in your external purse.  This means your PODC reward will be reduced to a commensurate amount of RAC.  Please read our PODC 2.0 guide about sending bankroll notes to yourself.  ",
  "coin_age_required": 205545.1252893168,
  "wcg_id": 1097626,
  "rac": 12213.824577
}

Faced with such a problem that for 4 days nothing comes what can be the problem please help the Linux system version of the "wallet version": 1050104"
and better tell me the commands for the terminal to completely delete everything and install it again ,I think this is due to the transition to the new version


  • Rob Andrews
  • Administrator

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    • June 05, 2017, 08:09:04 PM
    • Patmos, Island Of
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{
Code: [Select]
  "Command": "rac",
  "cpid": "a7599d89f7bea87602dfb7313e2e1954",
  "CPK": "BENwgjhYYHpJVSVqheX3BdctEtjQCXYwsB",
  "wcg_teamid": 35006,
  "next_podc_gsc_transmission": 200387,
  "team_name": "BIBLEPAY",
  "researcher_nickname": "jhoni_one",
  "researcher_country": "RUSSIAN FEDERATION",
  "total_wcg_boinc_credit": 1580580.55,
  "total_wcg_points": 11064063.85,
  "external_purse_total_coin_age": 132565.0863888889,
  "coin_age_percent_required": 0.99,
  "NOTE!": "Coins must have a maturity of at least 5 confirms for your coin*age to count.  (See current depth in coin control).",
  "WARNING!": "The core wallet requires staking collateral to be stored in your Christian-Public-Key (External Purse) to be available for GSC transmissions.  You currently do not have enough coin age in your external purse.  This means your PODC reward will be reduced to a commensurate amount of RAC.  Please read our PODC 2.0 guide about sending bankroll notes to yourself.  ",
  "coin_age_required": 205545.1252893168,
  "wcg_id": 1097626,
  "rac": 12213.824577
}
Faced with such a problem that for 4 days nothing comes what can be the problem please help the Linux system version of the "wallet version": 1050104"

1) I don't think you need to reinstall, your setup looks 99% correct to me, you have an active CPID crunching rac, your CPK (BENwg*) is registered in the chain and linked to "JhoniOne", we are paying daily rewards, we are seeing daily stakes from your machine, you are upgraded to 1.5.1.4, you are in the leaderboard with 12,213 RAC and 3368 due per day, etc.
2) Your CPK has 232K deposited in it (which is barely enough to cover the requirement for coin age required of 205,545):
https://chainz.cryptoid.info/bbp/address.dws?BENwgjhYYHpJVSVqheX3BdctEtjQCXYwsB.htm
(Meaning that if you accidentally send more than one gsc per day, you will not have enough coin age left until you let it build up again).  So that is one red flag, if you have any extra BBP you can send it into your CPK address and that will alleviate the warning above.
3) Looking at your sent gscs this week over the last 7 days:
exec sentgsc BENwgjhYYHpJVSVqheX3BdctEtjQCXYwsB
Code: [Select]


{
  "de47bd3e5a477552b07746917b23fc0f019c83f66b0ef2bd091e03b21d4792cd": "Points: 957155, Campaign: WCG, CoinAge: 957155, Donation: 0.00, Height: 199928, Date: 06-08-2020 08:49:56",
  "a481aa4a613fa094d38e63a953a7f2c1c396798931988ac3eebb58c8827f083d": "Points: 181675, Campaign: WCG, CoinAge: 181675, Donation: 0.00, Height: 199979, Date: 06-08-2020 14:19:59",
  "6e85b04be819b6db9ecb774c613a2f7ca7feea618d4f79a91102d50c4d36f748": "Points: 223999, Campaign: WCG, CoinAge: 223999, Donation: 0.00, Height: 200184, Date: 06-09-2020 13:46:45",
  "747c59a45e858c3f738445fc106c303d76d3a555c7856008a7c1f9f3b79fadc0": "Points: 228540, Campaign: WCG, CoinAge: 228540, Donation: 0.00, Height: 200389, Date: 06-10-2020 13:42:03",
  "Total": 1591368.483568463
}
We see that you sent two on June 8, one on June 9, and none on June 7 (could be that you didnt upgrade til June 8?) Then you sent two on June 8?
That brings up two minor problems.  The day of June 7 when your sentgsc is missing, you will not receive a reward on June 9 (hence the reason you probably thought you were not being rewarded).  But you sent June 9 and June 10,.

4) I see you are being rewarded, looking at the last payment:


getrawtransaction 88dd57ab96f0a67790e07ccd9458b52682a440ec3eaa7f5d21f789473d58afb7 1

You received 3356 bbp for that...

So everything looks pretty good.

If you have any specific issue for a specific day, please let us know.

 

« Last Edit: June 10, 2020, 09:38:57 AM by Rob Andrews »


  • Rob Andrews
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    • June 05, 2017, 08:09:04 PM
    • Patmos, Island Of
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and better tell me the commands for the terminal to completely delete everything and install it again ,I think this is due to the transition to the new version

And just so everyone is aware, about PODC, if you continued to run the old version (1507) after height 199,000, the GSCs you sent out were invalid (because they were not sent out on the main chain).
Hence the reason you would not be rewarded.

In order to see a perfect transition in PODC you would have had to upgrade BEFORE block 199,000.




  • Rob Andrews
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    • June 05, 2017, 08:09:04 PM
    • Patmos, Island Of
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Sophie asked us to post these:



(1) Bitcoin Halving: Definitive Guide (In Just 5 Minutes)
Infographic Link - https://winbtc.net/bitcoin-halving/

(2) Blockchain in Mobile Application Market
Infographic Link - https://winbtc.net/blockchain-in-mobile-application-market/

(3) Blockchain in Sports Betting
Infographic Link -  https://winbtc.net/blockchain-in-sports-betting/ 

(4) Libra Coin A New Digital Currency Developed by FACEBOOK
  Infographic Link -  https://winbtc.net/libra/





  • Rob Andrews
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    • June 05, 2017, 08:09:04 PM
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** (Pending Sanctuary Vote) - New charity relationship - SAI.NGO **

I am please to announce that BiblePay and SAI.NGO have come to agreement for Venezuela orphans at $20.00 per month!

This is exciting, because we can fill a demand for a cost effective solution for monthly sponsorships while helping more consecutive net total orphans for God's Kingdom!

https://forum.biblepay.org/index.php?topic=550.new#new

Thank you Costa82, for your help in establishing this relationship.  Costa lives in Venezuela and will be helping us verify the beneficiaries actually receive everything promised over time.

We will be going live with this relationship starting tomorrow.  You can now sponsor one of these children here:
https://foundation.biblepay.org/SponsorOrphanList

And please spread the word to rich donors for our 10% rebate for 10, 100, or 1000 compassion.com orphans.



  • Costa82
  • Newbie

    • 24


    • 5
    • April 23, 2020, 09:10:05 PM
    more
Congratulations on these wonderful news Rob.
All the credit goes to you and your team. I actually did nothing.

What i urge everyone to do, is to sponsor (if possible) an orphan.
I started with Alejandro today (and i would not be able to do it without your and the CoDev's help Rob)
and i hope that i am going to meet him and the other orphans in person shortly :)

I will see to the best of my powers to make sure that the communitys effort will not be in vain and that the orphans here in Venezuela do get what they are promised.
Thank you


  • JhoniOne
  • Newbie

    • 16


    • 3
    • May 15, 2020, 03:10:53 PM
    more
1) I don't think you need to reinstall, your setup looks 99% correct to me, you have an active CPID crunching rac, your CPK (BENwg*) is registered in the chain and linked to "JhoniOne", we are paying daily rewards, we are seeing daily stakes from your machine, you are upgraded to 1.5.1.4, you are in the leaderboard with 12,213 RAC and 3368 due per day, etc.
2) Your CPK has 232K deposited in it (which is barely enough to cover the requirement for coin age required of 205,545):
https://chainz.cryptoid.info/bbp/address.dws?BENwgjhYYHpJVSVqheX3BdctEtjQCXYwsB.htm
(Meaning that if you accidentally send more than one gsc per day, you will not have enough coin age left until you let it build up again).  So that is one red flag, if you have any extra BBP you can send it into your CPK address and that will alleviate the warning above.
3) Looking at your sent gscs this week over the last 7 days:
exec sentgsc BENwgjhYYHpJVSVqheX3BdctEtjQCXYwsB
Code: [Select]


{
  "de47bd3e5a477552b07746917b23fc0f019c83f66b0ef2bd091e03b21d4792cd": "Points: 957155, Campaign: WCG, CoinAge: 957155, Donation: 0.00, Height: 199928, Date: 06-08-2020 08:49:56",
  "a481aa4a613fa094d38e63a953a7f2c1c396798931988ac3eebb58c8827f083d": "Points: 181675, Campaign: WCG, CoinAge: 181675, Donation: 0.00, Height: 199979, Date: 06-08-2020 14:19:59",
  "6e85b04be819b6db9ecb774c613a2f7ca7feea618d4f79a91102d50c4d36f748": "Points: 223999, Campaign: WCG, CoinAge: 223999, Donation: 0.00, Height: 200184, Date: 06-09-2020 13:46:45",
  "747c59a45e858c3f738445fc106c303d76d3a555c7856008a7c1f9f3b79fadc0": "Points: 228540, Campaign: WCG, CoinAge: 228540, Donation: 0.00, Height: 200389, Date: 06-10-2020 13:42:03",
  "Total": 1591368.483568463
}
We see that you sent two on June 8, one on June 9, and none on June 7 (could be that you didnt upgrade til June 8?) Then you sent two on June 8?
That brings up two minor problems.  The day of June 7 when your sentgsc is missing, you will not receive a reward on June 9 (hence the reason you probably thought you were not being rewarded).  But you sent June 9 and June 10,.

4) I see you are being rewarded, looking at the last payment:


getrawtransaction 88dd57ab96f0a67790e07ccd9458b52682a440ec3eaa7f5d21f789473d58afb7 1

You received 3356 bbp for that...

So everything looks pretty good.

If you have any specific issue for a specific day, please let us know.



thanks for the full explanation , I don't check my wallet very often ,and I updated the version later than it came out ,and now everything is fine. I received 2 transactions



« Last Edit: June 11, 2020, 08:56:48 AM by Rob Andrews »


  • Rob Andrews
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    • June 05, 2017, 08:09:04 PM
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Congratulations on these wonderful news Rob.
All the credit goes to you and your team. I actually did nothing.

What i urge everyone to do, is to sponsor (if possible) an orphan.
I started with Alejandro today (and i would not be able to do it without your and the CoDev's help Rob)
and i hope that i am going to meet him and the other orphans in person shortly :)

I will see to the best of my powers to make sure that the communitys effort will not be in vain and that the orphans here in Venezuela do get what they are promised.
Thank you

Thats great Costa, and Im glad you sponsored an orphan.
This is very positive news that we can make a difference for less than $20 a month (with the match).

Yes, when you have more time you can try to find out that the resources do reach the children, etc.  I'll e-mail him now and ask for that PDF study also.



  • Rob Andrews
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    • June 05, 2017, 08:09:04 PM
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Congratulations on these wonderful news Rob.
All the credit goes to you and your team. I actually did nothing.

What i urge everyone to do, is to sponsor (if possible) an orphan.
I started with Alejandro today (and i would not be able to do it without your and the CoDev's help Rob)
and i hope that i am going to meet him and the other orphans in person shortly :)

I will see to the best of my powers to make sure that the communitys effort will not be in vain and that the orphans here in Venezuela do get what they are promised.
Thank you

Btw, we have 3 orphan sponsors so far that are active.

We added a feature to the web site yesterday that will monitor the childs outstanding balance, and after 30 days when we are approaching the next payment due, it will send out e-mail notifications (one per day for up to 21 days - the grace period) reminding the donor to add funds to the account so the amount can be deducted.  It will automatically debit the account once the funds are available.

On another note, I am going to add support for DASH denominated orphan payments soon.  This way, if someone wants to sponsor 10 from compassion, they dont need to crater the BBP price.  I will also add support for USD for the 1,000 orphan per month deal.



  • Rob Andrews
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I asked God yesterday, why does every man end up sinning?
(Referring to Jesus, being the only one capable of not sinning).

I received this answer this morning:

SATAN > WEAK FLESH && HOLY SPIRIT > SATAN

So the answer is, man is born of weak flesh that will cave in to sin, and therefore is subject to Satans temptations.  But once filled with the Holy Spirit, you are now free and not subject to the temptation of Satan's spirit, because the Holy Spirit is greater than Satan.

Praise the Mighty and wonderful name of Jesus.




  • sunk818
  • Sr. Member

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    • April 24, 2018, 02:02:20 PM
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Been reading a little bit about donor advised funds (DAF). I wonder if there's a way for BiblePay to leverage this type of fund, and invite whales to contribute to it. This could be a way to sponsor many children long-term, anyone can donate BiblePay, Bitcoin, other crypto, cash, etc into this fund. And as orphan sponsorships need to be paid, it can be paid out of the fund.


I think part of why POOM crashed the price was that charities sold whatever BBP was prepaid immediately. So, if someone prepaid for 3 months, selling all of it crashed the price. A DAF, in theory, could hold various assets and manage the burn rate. A sanctuary vote could help direct which assets should be sold to donate to the various charities.


I'm not sure how the mechanics of holding various assets in a fund works, liquidation, accounting, etc...

https://www.fidelitycharitable.org/giving-account/what-you-can-donate/donating-bitcoin-to-charity.html
https://www.nytimes.com/2017/11/06/business/bitcoin-charity-donations.html

https://www.schwabcharitable.org/public/charitable/nn/noncash_assets/donate-your-investments.html
BH6oxjLkyz3z8FYpvU3ZR7PTZ31Xt9DkXZ


  • Rob Andrews
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    • June 05, 2017, 08:09:04 PM
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Been reading a little bit about donor advised funds (DAF). I wonder if there's a way for BiblePay to leverage this type of fund, and invite whales to contribute to it. This could be a way to sponsor many children long-term, anyone can donate BiblePay, Bitcoin, other crypto, cash, etc into this fund. And as orphan sponsorships need to be paid, it can be paid out of the fund.


I think part of why POOM crashed the price was that charities sold whatever BBP was prepaid immediately. So, if someone prepaid for 3 months, selling all of it crashed the price. A DAF, in theory, could hold various assets and manage the burn rate. A sanctuary vote could help direct which assets should be sold to donate to the various charities.


I'm not sure how the mechanics of holding various assets in a fund works, liquidation, accounting, etc...

https://www.fidelitycharitable.org/giving-account/what-you-can-donate/donating-bitcoin-to-charity.html
https://www.nytimes.com/2017/11/06/business/bitcoin-charity-donations.html

https://www.schwabcharitable.org/public/charitable/nn/noncash_assets/donate-your-investments.html

1) On poom crashing the price its pretty clear to me (at least imho) the issue is we cant sustain a liquidation greater than 20% or so of our liquidity, so basically, we have a liquidity level of a couple million coins (in the bid and ask) - or about $1000 of liquidity.  POOM with 70 orphans demanded a liquidity drawdown of $2800 per month - and at one given time, I think we could have handled about 10% of that ($280) without driving our price down more than 10%.  So basically we just need to operate at a level within our range - meaning we need to get 10* bigger as a community to handle 100% orphan expenses through bbp. 
In the mean time, a lot can be done by accepting other cryptos for deals that are bigger than $1000.
For example if Trump wants to sponsor 1000 monthly orphans I will set up a bank account for the biblepay foundation and manually cash his check every month.
For medium deals we can accept dash.
For deals that meet our liquidity level we can require BBP.

If we grow we can start to require BBP on small and medium deals.

2) I checked out these funds but I think what is being created in the foundation is already providing these functions.

Now people can sponsor orphans with cryptocurrencies, and receive matches.
If they want to be a matching donor instead they can be a matching donor and not sponsor.

We are going to act as charity agents in this role and provide a list of wholesale deals ranked by magnitude descending.

Imho, were already 60% there with the sponsor list.