BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

Hello Togo.
Nice to see you again.
Yeah i think the update you put together looks all good.

I suppose at the download wallet section could add the official biblepay github aswell.

Is a gitHub release page with Windows & MacOS binaries download difficult to setup? I think it would add more legitimacy to the project, although I have no idea how much work this involves. And would it improve the burden of having to update the biblepay web site?


@Togo - nice to see you. Was about to message you about reddit but here you pop up again.


@ Rob - We can stake Doge with BBP? I have some and wouldn't mind testing it out. I unfortunately sold all my BTC, DASH, and LTC on this latest bull run to pay for some educational expenses.


Peace brothers & sisters. May the Lord's shine on your souls brightly.

We're not tied to any other assets (like a stablecoin is), so thats one point, but let me give my opinion on this and note that this is just my opinion:

- A year or so ago, some Russian firm, I cant recall the name offered to provide 'liquidity' for BBP and we didnt reply because it was very expensive.  But I find it odd that around that same time, an algo kicked in that buys below market and whatever coins they get cheap, they sell 1 millisat higher.  This imho, has been a curse for us!  Because it means we now have this sell wall people need to buy to get back out of.  I dont know who is behind it, but I know it exists because Ive tested in many times on SX even as recently as two days ago.  My hope is we have a whale that buys into BBP soon that blows through all those sitting sell orders and maybe this entity leaves us alone.  (The key to breaking out of it is having enough buyers that want to hold BBP and not just sell it again at a higher price).
- Coins in the 1500+ range on coinmarketcap (IE the very small coins) dont usually get institution level attention.  I believe those instituational buyers are afraid there is not enough liquidity to unwind a position.  I believe they want to see the coin break out with high volume, IE up the ranks from # 1750 to #1100 for example, and if we get lucky some institutions will then put us on their buy list.  Once we are on its a lot easier to stay in because then they have skin in the game.
- Were stuck simply because it takes 1btc for us to break out of the 1 satoshi area (IE there are a lot of sells from .01 - .09) and that keeps the price stable, unfortunately.
- Coins that are on tens of widespread exchanges tend to respond to standard market sentiment.  IE, money is flowing in, BTC is going UP, so XYZ is going up.  We are of course on a tiny niche of only two exchanges in a corner so were not very responsive to inflows.
- Arbs.  Arbs drag a currency one way or another based on their 'mother'.  We are supposed to be being dragged up right now from DASH.  But the big dogs cant see us today.

So my hope is the new UTXO mining might attract a wider base, as it appeals to over 500 million existing users who can earn a return on their non-bbp crypto positions as long as they hold a hybrid utxo stake.

Well, I just realized that I stuck my foot in my mouth - as it were. I have been "watching" crypto prices on my mobile app - CoinCap. BBP has not changed the entire time I've had the app. I think that's because it is not represented on it. I was able to secure 300 BBP on SXchange from the faucet and realized its worth WAY more than what my app was saying.

Just for reference, the app states that BBP is $0.00016427, and has never been different. I just thought that the price had suddenly become VERY stable. Oh well - glad to find that the price has gone up! ($0.0004072 today!)

Well, I just realized that I stuck my foot in my mouth - as it were. I have been "watching" crypto prices on my mobile app - CoinCap. BBP has not changed the entire time I've had the app. I think that's because it is not represented on it. I was able to secure 300 BBP on SXchange from the faucet and realized its worth WAY more than what my app was saying.

Just for reference, the app states that BBP is $0.00016427, and has never been different. I just thought that the price had suddenly become VERY stable. Oh well - glad to find that the price has gone up! ($0.0004072 today!)

Well I think you were still correct though (even if we were not listed there), as we were stuck for a long time at 3 millisatoshi ever since I sold the BBP for the Pakistan Well project.  There was a 40MM or so sell wall right around that level that we finally broke loose of!  Its very nice to see BBP freely floating again, with some institutional interest, praise God.

Is a gitHub release page with Windows & MacOS binaries download difficult to setup? I think it would add more legitimacy to the project, although I have no idea how much work this involves. And would it improve the burden of having to update the biblepay web site?


@Togo - nice to see you. Was about to message you about reddit but here you pop up again.


@ Rob - We can stake Doge with BBP? I have some and wouldn't mind testing it out. I unfortunately sold all my BTC, DASH, and LTC on this latest bull run to pay for some educational expenses.


Peace brothers & sisters. May the Lord's shine on your souls brightly.

Yes, you can stake DOGE, and I believe we will also have ETHereum within 30 days, if all testing goes well.  To stake DOGE plz watch the video at the bottom of this page:
https://wiki.biblepay.org/UTXO_Mining

On github releases, Ill look into that -- I think we can add a release step for that:

EDIT: Sun-- are you referring to having these two binaries added to each mandatory release:
https://github.com/biblepay/biblepay/releases/tag/1.5.4.4
(I added windows to 1.5.4.4).  I will check with MIP on the dmg.

Writing out the words for an article, covering the upgrade and October 2020 to now,
any and all feedback welcome! also anyone is welcome to use it!

=================================================
=================================================

v1.5.4.5 Mandatory Upgrade
https://wiki.biblepay.org/Mandatory_Upgrade_1545

Download Wallet:
https://www.biblepay.org/wallet/

- UTXO Mining (Stake BBP, BTC, LTC, DOGE or DASH coins and gain interest!)
- RandomX Mining Charity Fee Removed
- Decentralized Encrypted Email and Chat
- BiblePay University (Free Theology Courses)
- Decentralized Autonomous Charity
- Phasing out of Proof of Distributed Computing, Dynamic Whale Staking and Dash Stakes

=

UTXO Mining

Get paid to hold BPP, and other cryptocurrencies!

[Sanctuaries now act as UTXO oracles, meaning they have the capability to assess another chain's UTXO status]

13 Water Wells Donated to Pakistan Villages
https://medium.com/biblepay-news/three-water-wells-donated-to-pakistan-villages-e41b75ee9ed2
https://forum.biblepay.org/index.php?topic=517.msg9954#msg9954
https://foundation.biblepay.org/Wells

=

My Previous BiblePay Update (July, August 2020)
https://medium.com/biblepay-news/biblepay-july-august-2020-updates-8dc92fd34449

Questions:
- what is current and future block reward breakdown?
- what is the status of automatic price mooning?
https://forum.biblepay.org/index.php?topic=517.msg9734#msg9734
https://forum.biblepay.org/index.php?topic=517.msg9810#msg9810

Random:
- add "listutxostakes" command to UTXO mining guide?
- accountability link in wallet needs to use foundation. instead of web.?

===

Thank you for all of your hard work Rob! Thank you everyone!

Hello Togo!  May your family and new baby be blessed with rich blessings.

"- accountability link in wallet needs to use foundation. instead of web.?":
-> Adding to the list right now

"- add "listutxostakes" command to UTXO mining guide?"
-> Definitely needs done as its essential!  I added this command to our wiki "https://wiki.biblepay.org/UTXO_Mining".

"- what is the status of automatic price mooning?"
-> APM is enabled in prod, but its got a new rule in it as of this last mandatory:
Our price suppression only kicks in (for 24 hours) If our price goes down from the last day.  If our price goes sideways or up, we emit coins.
Note to new users:  This means biblepay emits 90%~ less coins (to the randomx side) if our price decreases day-over-day (remember we are merged mined also, so you still receive XMR).

"- what is current and future block reward breakdown?"
->I edited the www.biblepay.org front page to reflect the UTXO/PODC percentages for this month. 

Hello Rob.
I was thinking same as Sun on the github releases.
Atleast for the major operative systems and releases.  windows , linux x86,  mac.
simplifying for new users is nice even though i suppose most would download from biblepay.org but yeah.
Also would be sweet with the SHA-filehash so we can make sure its your legit uploads, like you have on homepage.
Have a good one.

Hello Rob.
I was thinking same as Sun on the github releases.
Atleast for the major operative systems and releases.  windows , linux x86,  mac.
simplifying for new users is nice even though i suppose most would download from biblepay.org but yeah.
Also would be sweet with the SHA-filehash so we can make sure its your legit uploads, like you have on homepage.
Have a good one.

Yes thats a good idea too.  For mandatory releases, we can upload the mac dmg, the windows binary, and the linux binary, and the 'hash.txt' files into the release 'binaries' section.

Sure.    I uploaded the last set of binaries for 1.5.4.4 into the release.  On the next release lets add the hash files.

** EasyBBPStake Addendum **

I realize we need to edit the wiki guide for easybbpstake, but for now I would like to convey this information.

Today in an attempt to reproduce some of the issues users had, I tested easybbpstake on a new wallet.
If you follow this guide you should be able to stake your entire balance (or at least 99% of it):

- Open new wallet  (Ensure you are upgraded to 1.5.4.6+)
- Fund the wallet with bbp
- Go to User Edit Page
- Populate NickName | Click Save (This is so you will see yourself on the leaderboard)
- Go to RPC
- exec bankroll qty denomination (This is something you have to figure out for yourself, but if you have 1MM bbp, a good start would be "exec bankroll 9 90000" for example will create 9 bills of 90,000 each).  One new feature in 1.5.4.6 is we now give you 10 extra change transactions of 10bbp each that will fund the next successive stakes.
- Wait for a few blocks to go by
- easybbpstake min_amount 0
- If everything on the screen looks good:  easybbpstake min_amount 1
(Repeat the last two steps until your coins are all locked.  You can see your coins locking (after a couple confirms) in coin control).

The primary difference in this guide in contrast to our prior releases is this will help you denominate the wallet into distinct coins that can be staked, and secondly our latest code version is now programmed to use a very small transaction to fund the stake (it will use between 1bbp-100 bbp and it will avoid bigger coins). NOTE: BiblePay will not spend a coin larger than 100bbp on the UTXO stake fee, so you must have some small coins in the wallet starting in 1.5.4.6+.





5800 BBP

Please forgive me for the "n00b" questions here - trying to make the most of my BBP.
1. You mentioned RPC - what is that? Is that the same as the console in the tools window?
2. You discussed using a fresh wallet for testing. That makes sense. I currently have one main BBP wallet. Would you recommend that I create a second one specifically for staking? If so, can I do that on the same computer?

BiblePay (Oct 2020 to March 2021) Updates
https://medium.com/biblepay-news/biblepay-oct-2020-to-march-2021-updates-787bd419b6c3

Any and all feedback welcome!, had trouble deciding on a picture for UTXO mining (staking)

===

Thank you all for the welcome backs!
Sorry I disappeared and shutdown my explorer server

Thank you MIP for taking over Twitter!
I recently cleaned and updated the Reddit and added MIP as a moderator

Ill be testing UTXO mining soon, and then spreading the update article

I'm receiving some feedback via e-mail and will try to accomplish this today:

First, if you are having trouble with a new utxostake, be sure you save your nickname first (this is just so you can see yourself in the leaderboard), and also be sure you either have a few tx's in the wallet less than 100 bbp, or that you ran the 'exec bankroll' command at least once (this provides enough change for a utxo stake): (See this addendum):
https://forum.biblepay.org/index.php?topic=517.msg10300#msg10300

- I will add this addendum to the utxo wiki page today.  EDIT:  I added the 3 common problems to the FAQ:
https://wiki.biblepay.org/UTXO_Mining


- New users have no idea where to go on the forum (I guess our forum is a little out of order).  I will attempt to move this thread up to the top and make a blurb about this thread on our front page (maybe I will be able to make this one bold also) etc. 
EDIT:  I moved this thread up to the top.  I will make a new user FAQ.


- If anyone else has any helpful hints that are crucial let me know.  I think I need to make a New User FAQ wiki page.

Please forgive me for the "n00b" questions here - trying to make the most of my BBP.
1. You mentioned RPC - what is that? Is that the same as the console in the tools window?
2. You discussed using a fresh wallet for testing. That makes sense. I currently have one main BBP wallet. Would you recommend that I create a second one specifically for staking? If so, can I do that on the same computer?

Hi Radar,

On #1, yes RPC = the "Tools | Info  | Console" command line.  For example where you type 'getmininginfo'.
On #2, I do not recommend using a new wallet, no.  Going to a new wallet erases your rsa key, nickname, hoses up the podc purse key in the config file, etc.  I only meant that I was testing our utxo system for a new user with a clean wallet to ensure they did not run into problems spending the last coin.  For all of us with established wallets, I highly recommend Not moving to a new wallet (unless you plan to deliberately make a new wallet, put a stake in it , put it on a usb flash drive and put it in a safe and let it sit there as a long term investment).  Because if you have e-mails or any CPKs or any social interaction with your current wallet.dat, you will just want one wallet so that all of that remains working. 

Hi Radar,

On #1, yes RPC = the "Tools | Info  | Console" command line.  For example where you type 'getmininginfo'.
On #2, I do not recommend using a new wallet, no.  Going to a new wallet erases your rsa key, nickname, hoses up the podc purse key in the config file, etc.  I only meant that I was testing our utxo system for a new user with a clean wallet to ensure they did not run into problems spending the last coin.  For all of us with established wallets, I highly recommend Not moving to a new wallet (unless you plan to deliberately make a new wallet, put a stake in it , put it on a usb flash drive and put it in a safe and let it sit there as a long term investment).  Because if you have e-mails or any CPKs or any social interaction with your current wallet.dat, you will just want one wallet so that all of that remains working.

Rob,

Thanks for the input! I utilized the easystake function in the wallet to stake just under half of my holdings. I guess I will see how that goes before staking the other half+.

You stated to look at coin control to review all of your staked coins, with little locks next to them. I do not see where to do that within the wallet. Can you please point me in the right direction? Thanks again!

Rob,

Thanks for the input! I utilized the easystake function in the wallet to stake just under half of my holdings. I guess I will see how that goes before staking the other half+.

You stated to look at coin control to review all of your staked coins, with little locks next to them. I do not see where to do that within the wallet. Can you please point me in the right direction? Thanks again!

Sure!

So if you go to "Send | Inputs" (if there is no inputs button please enable Coin Control from Settings first).  Then click Inputs.
From there make sure you have "List mode" selected.

You should see a Lock with a cylinder on it next to every locked utxo.  On a side note if its a normal locked coin (like a sanc) it just has a normal lock.

This just shows the utilization level of the utxos in there.

I created a guide for UTXO Mining:
https://wiki.biblepay.org/UTXO_Mining_Setup

Any and all feedback welcome!, All praise to Rob for his documentation,
please feel free anyone to use or edit

I created a guide for UTXO Mining:
https://wiki.biblepay.org/UTXO_Mining_Setup

Any and all feedback welcome!, All praise to Rob for his documentation,
please feel free anyone to use or edit

Easy to read, nice spacing and such.
I suppose you could add in how to enable coin control feature.