ICanHazCrypto Posted December 2, 2017 Report Share Posted December 2, 2017 Alright DNR community, lets use this space to discuss everything about the idea of a Denarius Masternode implementation. How many masternodes should there be... what should the price of a MN cost... etc.  1 Quote Link to comment Share on other sites More sharing options...
buzzkillb Posted December 2, 2017 Report Share Posted December 2, 2017 I like MN's at 5000 DNR myself. Would like to hear what others think about the number. 1 Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 2, 2017 Author Report Share Posted December 2, 2017 Kawaii brought up the initial numbers of 2-3k for a node. Would love to get @KawaiiCrypto input on this?!   Quote Link to comment Share on other sites More sharing options...
Zidan imran Posted December 2, 2017 Report Share Posted December 2, 2017 (edited) Dnr has only 10 millions coin in total supply. I think if we will get a hight price in future like dash over than 50 usd . Maybe 1000 coin per M.N. is enough. And i think its good. It will need the price to go up fast. And it will be hard and expensive in future. Like dash coin now. What our opinion ? Edited December 2, 2017 by Zidan imran Quote Link to comment Share on other sites More sharing options...
RusRap Posted December 2, 2017 Report Share Posted December 2, 2017 This idea of Mr Zidan seems to be on point Quote Link to comment Share on other sites More sharing options...
KawaiiCrypto Posted December 2, 2017 Report Share Posted December 2, 2017 (edited) Here is a small graphic that might help you guys decide on which numbers you like. This chart is correct (I hope xD), assuming that every block is a PoW block and that block reward is 3 (it will change to 4 soonish) and that masternodes gets 1/3rd of block reward and that price stays at $0.8 which it most likely will not AND that Carsen does not run any masternodes or put any of his premine into circulation. Let me know if you find any flaws in this and I will correct them. Yes, I realize that the last line says that 101.33% of supply will be locked in masternondes but I included it because we are pretty close to 1,650,000 circulating supply. Edited December 2, 2017 by KawaiiCrypto Clarifications 3 Quote Link to comment Share on other sites More sharing options...
port5 Posted December 3, 2017 Report Share Posted December 3, 2017 1500-2000 Â Quote Link to comment Share on other sites More sharing options...
buzzkillb Posted December 3, 2017 Report Share Posted December 3, 2017 (edited) DASH currently has 61% coin lockup to narrow the chart down a little. $0.80 may have to be adjusted shortly. =) Edited December 3, 2017 by buzzkillb Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 3, 2017 Author Report Share Posted December 3, 2017 so lets say that it doesn't take 5k dnr to make a MN, would it be too difficult to run a vps and multiple wallets to host multiple masternodes? how would that work, would you need multiple vps as well? 1 Quote Link to comment Share on other sites More sharing options...
KawaiiCrypto Posted December 3, 2017 Report Share Posted December 3, 2017 30 minutes ago, ICanHazCrypto said: so lets say that it doesn't take 5k dnr to make a MN, would it be too difficult to run a vps and multiple wallets to host multiple masternodes? how would that work, would you need multiple vps as well? Each masternode needs a unique, public IP address, but many VPS providers allows for configuration of multiple IPs to a single VPS, for a fee. Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 3, 2017 Author Report Share Posted December 3, 2017 oh ok ok i think i gotcha, so lets hypothetically say i set up 3 masternodes, i could (for a fee) have my vps set up 3 public ip address then i would just set up a wallet for each address? Quote Link to comment Share on other sites More sharing options...
KawaiiCrypto Posted December 3, 2017 Report Share Posted December 3, 2017 Just now, ICanHazCrypto said: oh ok ok i think i gotcha, so lets hypothetically say i set up 3 masternodes, i could (for a fee) have my vps set up 3 public ip address then i would just set up a wallet for each address? Basically, yes. You configure each node to listen on a different IP and port.. Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 3, 2017 Author Report Share Posted December 3, 2017 Awesome that does answer my question. Just trying to get mentally prepped incase the master node is less thank 5k  Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 3, 2017 Author Report Share Posted December 3, 2017 So scrolling thru the gitter chat, am i on the right path that there is a consensus that we would like to see around 60% locked up and an arbitrary number of 200-600 nodes depending on where we set the amount required to run a node?! Â Quote Link to comment Share on other sites More sharing options...
Diemon Posted December 4, 2017 Report Share Posted December 4, 2017 (edited) I'm personaly for 5000, Less number will cause more MN and it's not good Also it should be rare and not common to have MN. Edited December 4, 2017 by Diemon Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 4, 2017 Author Report Share Posted December 4, 2017 Yeah i agree, i would like to see it being hard to obtain a node for everyday folks, you would want it just high enough that you have serious investors involved that won't dump as soon as they see profit. I am personally for anywhere from 3,000 - 5,000Â I don't want to see it too high as well, where over 65% of the coins are locked up, we need some liquidity as well. Quote Link to comment Share on other sites More sharing options...
Diemon Posted December 4, 2017 Report Share Posted December 4, 2017 Do we have also some updates when aproximately we can expect MN ? Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 4, 2017 Author Report Share Posted December 4, 2017 I heard some talk that it would be before 1-14 if im not mistaken, i think Carsen wants it done sooner rather than later. But what i hear is "it's like asking when you will find your lost keys, you just don't know until you find em." So im sure we will hear an update soonish Quote Link to comment Share on other sites More sharing options...
Diemon Posted December 4, 2017 Report Share Posted December 4, 2017 You mean 1-14 December? Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 4, 2017 Author Report Share Posted December 4, 2017 I ment as Jan 14th... But again (don't take my word on this it might be sooner) this was just picked up from random comments on gitter chat the other day. Denarius will be 6months old then, and that would be a wonderful time to have it launched. However we will have to find out from the dev when he wants to release that info. No date from the dev, he has the masternode code done, he is just working on getting it implemented in the core DNR code. Â 1 Quote Link to comment Share on other sites More sharing options...
buzzkillb Posted December 4, 2017 Report Share Posted December 4, 2017 3 hours ago, ICanHazCrypto said: Yeah i agree, i would like to see it being hard to obtain a node for everyday folks, you would want it just high enough that you have serious investors involved that won't dump as soon as they see profit. I am personally for anywhere from 3,000 - 5,000 I don't want to see it too high as well, where over 65% of the coins are locked up, we need some liquidity as well. I am in that same ballpark of how much it would be. I think realistically there will be 100-200 MN's in the short term depending on how easy they are to setup. BTW I am running other coin nodes on $22/year VPS's with 1 GB ram. 1 per VPS as I wasn't sure how much ram is required and couldn't get the swapfile to work on these lowendtalk specials. 1 Quote Link to comment Share on other sites More sharing options...
Diemon Posted December 4, 2017 Report Share Posted December 4, 2017 Do you have guys anybody of you previous calculation in .xls with formulas? Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 4, 2017 Author Report Share Posted December 4, 2017 Yeah, 3k - 5k would be sweet... Let see the final numbers when the time comes maybe 3,333 to keep with the tribus meaning lol or even 3,300 or 3,000 works   I have a VPS set up i got 2gb for like $30 a year or something... but have never hosted a masternode, so this will be fun new experience  Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 4, 2017 Author Report Share Posted December 4, 2017 (edited) 3 minutes ago, Diemon said: Do you have guys anybody of you previous calculation in .xls with formulas? Yes if you scroll us @KawaiiCrypto created a wonderful spreadsheet i suggest you check it out! Edited December 4, 2017 by ICanHazCrypto Quote Link to comment Share on other sites More sharing options...
ICanHazCrypto Posted December 4, 2017 Author Report Share Posted December 4, 2017 Quote Link to comment Share on other sites More sharing options...
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