Author Topic: [Witness Proposal] blckchnd  (Read 13424 times)

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Offline blockchained

[Witness Proposal] blckchnd
« on: May 02, 2017, 01:42:05 pm »

All further RuDEX announcements will be published in our official channels:

https://steemit.com/@rudex
https://golos.id/@rudex
https://twitter.com/rudex_bitshares
https://t.me/BitSharesDEX_RU


---

Hello everyone!

Those of you who are following the Bitshares platform certainly know about the recent event, that caused a lot of debate. During the BTS4.0 protocol upgrade, one of the hired core devs (abitmore) added a community unapproved backdoor to the code, which led to the change of the voting rights, and a major change of the consensus procedure. As a result multiple conflicts ensued with a significant portion of chinese community leaving Bitshares.

After thoroughly analysing the consensus changes, that were made without voting or any discussion by community members, we verified that the resulting system is unscalable and doomed to stagnate. As a result our team decided to launch a fork of stable and time tested Bitshares3.0 consensus code using Graphene — the original name of the technology.

Graphene is the industrial grade technology, adapted both for private and company use. For years it was a foundation for the unique ecosystem and market economy. Its open source code and MIT license allow for creation and maintenance of different decentralized blockchain applications with workers system, that allows core token holders to elect which development to support.

To avoid the mistakes that resulted in the current status quo in Bitshares, we’ve reduced the maximum supply of GPH tokens, and decided to hold the initial distribution of Graphene tokens via all win and provably fair lottery.
The lottery would distribute 40 out of 100 million tokens, with further 60 million used in the reserve fund. The distributed tokens will form the genesis block of the Graphene blockchain, and all undistributed tokens from the 40 million will be burned.
Final supply will be formed out of the resulting sum (reserve fund + distributed tokens); 6% of that supply will be vested to the launch team with the following ratio: 1% will become available to the team within the first week of the launch, and the remaining 5% will be vested over the next 10 years.


GPH token has a limited supply, which differs from the liquid circulating supply. 60 million tokens are set aside for financing projects and block producer rewards. These funds will be available to the worker system only from GPH token holders approval. This working budget is known as “reserve pool”.
It is worth mentioning that transaction fees are not distributed among the GPH token holders, but are returned to the worker budget to pay for further development. There is no reward for holding the GPH core token in your wallet.

## About lottery

The lottery starts on the RuDEX platform concurrently with the publication of this announcement and will last for 40 days. Every days only 100,000 lottery tickets will be available, and with the end of the lottery period all undistributed tokens will be burned, with the final supply and genesis block of the new blockchain being formed as the result.

To participate in the lottery, you will have to buy a lotto ticket and register it.

Every registered ticket will allow you to win from 1 to 30 GPH tokens. For ease and transparency the lottery will be held on the Bitshares blockchain.

There are only 5 possible winning combinations with a fixed amount of tokens for each combination, as follows:

0 - 1
1 - 3
2 - 6
3 - 10
4 - 30

The combination number (0-4) will be calculated from the transaction hash on the ticket registration.

To demonstrate how the lottery works we will use RUDEX.LOTTERY token as an example.
As you can see in this block https://bts.ai/block/53159405 bot-11 account “registered” 1 RUDEX.LOTTERY and got a transaction number TXID of d60c7ce9467043cf81acd5fdb1c5bc851d20faed.
If this value is divided by modulo 5 (number of combinations), then the remainder of the division will be the combination number of this ticket. You can verify the division remainder using, for example, the following service: https://defuse.ca/big-number-calculator.htm
In our case you need to insert the following line into the calculator 0xd60c7ce9467043cf81acd5fdb1c5bc851d20faed  % 5, which is equal to the value of 4, which is a combination for 30 GPH token win.

It is possible to register any number of tickets concurrently, which results in cycles of combinations (0-4) are counted from the division reminder value of the transaction hash until all tickets are given the result.

For your ease and convenience the lottery page display the transaction hashes and results for all of your registered tickets. Every lottery result is available for a public review.

So if you are as tired of the unfair games and underhanded intrigues as we are, we are inviting you to start anew and open the Graphene technology in its original balanced and transparent nature

https://market.rudex.org/#/lottery


« Last Edit: November 13, 2020, 10:35:30 am by blockchained »

Offline sahkan

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Re: [Witness Proposal] blckchnd
« Reply #1 on: May 02, 2017, 03:27:57 pm »
 +5%

Offline alt

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Re: [Witness Proposal] blckchnd
« Reply #2 on: May 03, 2017, 03:59:16 am »
great
have voted for you

Offline Yao

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Re: [Witness Proposal] blckchnd
« Reply #3 on: May 03, 2017, 07:11:30 am »
 +5% Incredible Russian team! Your execution make people sit up and take notice. :D
BitShares community need more team like you, we will once again brilliant!

I'm a proxy, you have my vote!
BTS witness: witness.yao
BTS Proxy: yao

Offline xeroc

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Re: [Witness Proposal] blckchnd
« Reply #4 on: May 03, 2017, 08:51:03 am »
+5%
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline blockchained

Re: [Witness Proposal] blckchnd
« Reply #5 on: February 06, 2018, 12:00:54 am »
Monthly witness report for blckchnd №1 and RuDEX update

Welcome!
In the spirit of making our activity more transparent we’ve decided to start publishing monthly reports on our work as a Bitshares witness. Start of the new year is a good time to start doing it, since it is a milestone that you can look back from and see that a lot of small steps resulted in a long journey.

If you like what we’re doing, you can support us by voting for our witness blckchnd

Technical work

We've been supporting an interrupted service of our access point for Bitshares DEX in RuDEX with the following technical park

This month due to the significantly increased load we’ve added two additional servers for full API nodes (one public, one for our internal use):

- Type: Dedicated
- Processor: Intel(R) Xeon(R) CPU E5-1650 v2 @ 3.50GHz
- Cores: 4
- Ram: 128 GB DDR3
- 2 x 220 GB SSD
- Connection: 1 Gbit/s
- Location: Germany

We also support gateway for Steem, Golos, Peerplays, Muse, and recently for Karma and Decent

Additionally we’re active in bitshares github, including pull requests and bug reports. You can track our activity here https://github.com/blckchnd

Awareness and outreach activities

We’ve started this as an awareness and outreach mission, that we’re diligently working on to this day.
Other than creating and maintaining first Russian interface for Bitshares, our team has translated and published several hundred articles about Bitshares Dex, including weekly State of the Network reports that are produced by steempower
In last three months the number of such articles was over fifty, with 17 of them published during December 2017.
You can see them in more detail by looking at our blog on Steemit http://bit.ly/2qouC3r

As part of our mission to bring Graphene technology to mass awareness and acceptance we’ve presented Bitshares and RuDEX at X conferences in St. Petersburg and Moscow (not counting our participation in SteemFest and SteemFest2).




For the same reason we’ve also created and are moderating Russian language developer chats.
We’re also actively moderating Russian language threads on bitcointalk https://bitcointalk.org/index.php?topic=1875875.0, which is now more than 15 pages in length (18,5k views).

We’ve requested TradingView to add Bitshares DEX into the exchange list, and you can support this by liking and commenting on this thread https://getsatisfaction.com/tradingview/topics/addition-of-bitshares-based-decentralized-exchange-s.

On top of that we’re helping several teams that are working on creating their own interfaces and/or businesses based on Bitshares DEX.
It seems that our bad influence is contagious. :)

RuDEX update

A new version of RuDEX clients for Windows/Linux/macOS is available at our Github here: https://github.com/blckchnd/rudex-ui/releases

Thank you for your time, now we can get back to work, since our moto is less talk, more action.

- Team RuDEX

Vote for our witness: blckchnd



« Last Edit: February 06, 2018, 01:39:45 pm by blockchained »

Offline yvv

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Re: [Witness Proposal] blckchnd
« Reply #6 on: February 06, 2018, 01:16:43 am »
Very good job guys. Rudex ATM is great, hope you will spread to outside of capitals.

Offline blockchained

Re: [Witness Proposal] blckchnd
« Reply #7 on: March 12, 2018, 07:38:52 pm »
Monthly witness report for blckchnd №2 and RuDEX update can be found HERE

Offline blockchained

Re: [Witness Proposal] blckchnd
« Reply #8 on: March 13, 2018, 08:41:21 pm »
TravelChain (TT) gateway with 0% fees for decentralized trading platform Bitshares RuDEX launched announcement can be found HERE

Offline blockchained

Re: [Witness Proposal] blckchnd
« Reply #9 on: March 26, 2018, 09:22:57 pm »
Scorum (SCR) gateway with 0% fees for decentralized trading platform Bitshares RuDEX launched announcement can be found HERE

Offline blockchained

Re: [Witness Proposal] blckchnd
« Reply #10 on: April 10, 2018, 03:56:22 pm »
Monthly witness report for blckchnd №3 and RuDEX update can be found HERE

Offline blockchained

Re: [Witness Proposal] blckchnd
« Reply #11 on: April 24, 2018, 05:26:26 pm »
Ethereum (ETH) gateway for decentralized trading platform Bitshares RuDEX launched announcement can be found HERE

Offline blockchained

Re: [Witness Proposal] blckchnd
« Reply #12 on: May 17, 2018, 09:38:44 pm »
Bitcoin (BTC) gateway for decentralized trading platform Bitshares RuDEX launched announcement can be found HERE
« Last Edit: May 19, 2018, 01:35:34 pm by blockchained »

Offline blockchained

Re: [Witness Proposal] blckchnd
« Reply #13 on: May 19, 2018, 01:36:45 pm »
Digibyte (DGB) gateway for decentralized trading platform Bitshares RuDEX launched announcement can be found HERE

Offline blockchained

Re: [Witness Proposal] blckchnd
« Reply #14 on: June 25, 2018, 11:43:32 am »
EOS gateway for decentralized trading platform Bitshares RuDEX launched announcement can be found HERE