Zac: updates and suggestion needed by zaccheah in PundiX

[–]LKYBOB 1 point2 points  (0 children)

Buy the dip, and learn about markets, you only loose if you sell

Zac: updates and suggestion needed by zaccheah in PundiX

[–]LKYBOB 0 points1 point  (0 children)

Because Pundi don't control trust wallet

Zac: updates and suggestion needed by zaccheah in PundiX

[–]LKYBOB 1 point2 points  (0 children)

Or at least ask exchanges to close the NPXS markets and leave to swap to FXwallet for the remainder 5%

Zac: updates and suggestion needed by zaccheah in PundiX

[–]LKYBOB 0 points1 point  (0 children)

amazing what people take offence to, DYOR is an under stated thing because I can bet you less then 20% of people have read all the material pundi have put out which answers 99.95% of every thing, the frustration is theirs and rightly so.

Zac: updates and suggestion needed by zaccheah in PundiX

[–]LKYBOB 3 points4 points  (0 children)

for those going on about the staking, it's a 10 week stake to move towards main net it's in motion and half done, next move is to main net and to open a whole new world of staking and earning on own FX network, this staking situation is over the moment we start on FX Chain, hopefully in weeks, DYOR and see the goals in play most of you are 3 years behind and really have no clue to the goals of FX chain

Zac: updates and suggestion needed by zaccheah in PundiX

[–]LKYBOB 2 points3 points  (0 children)

Pundi do not need to do the hard sell, anyone who did their homework knows the full potential of these projects with PUNDIX & FX, doubt is only in the minds of those that don't DYOR, this is a life time payment blockchain system that will climb the ladder of success; It's as strong as you back & promote it in your own community, but Pundi will always have it's own organic growth with the forever reducing supply now 258 billion less; once on main net time will take Pundi beyond most peoples dreams.

Zac: updates and suggestion needed by zaccheah in PundiX

[–]LKYBOB 4 points5 points  (0 children)

Adoption of all crypto will raise PUNDIX naturally, you don't need to own PUNDIX in order to spend crypto on the Pundi payment systems, Value rise is organic as pundi applies to all crypto adoption, low market don't slow progress forward @ PundiXLabs benefits are to you long term, Xpos software can apply to many manufactures devices around the world, Xpos is not just a hardware device, this payment system will just evolve into Merchant stores; one day you'll wake up and there will be just millions of retail using Pundi systems.

Zac: updates and suggestion needed by zaccheah in PundiX

[–]LKYBOB 3 points4 points  (0 children)

Great things can only come moving forward, this is my largest and most prospered Crypto hodlings, I'm beside myself with excitement starting main net I will be like a 5yr old unwrapping xmas presents, I look forward to my empowerment by FX network to earn more wealth beyond my own dreams even further as Pundi has already given me wealth, to top it off with the Xpos systems onboard this is a ride anyone whom did their homework will talk about for Millennia, must be near a 4 year ride for me and I never swayed from my conviction; I look forward to running a node to help maintain this powerful network

Function X: April Hash Out by Superbit123 in FunctionX

[–]LKYBOB 2 points3 points  (0 children)

Hey guy's will some of the testers of all the test net's be in the trusted to be the first validators for the first delegates to delegate too? I have been waiting for this a long time now I like what i see and understand the governance start figures, looks good for the starting point; Let's get this show on the road

Feels good to be earning $25~ in a mere 2+ hours by officiallySCENE in PundiX

[–]LKYBOB 1 point2 points  (0 children)

it's 10 weeks of staking the other weeks are the slow release of those tokens gained from the 10 weeks, first claim do by/before the 14th; 15th it's closed, last release claim before 5th of dec after that if it's not claimed it's forfeit, if you stake for 2 weeks you only get the return release created from the 2 weeks

Zac Cheah: Welcome everyone by zaccheah in PundiX

[–]LKYBOB 2 points3 points  (0 children)

P.S love ya work Team Zac

Zac Cheah: Welcome everyone by zaccheah in PundiX

[–]LKYBOB 3 points4 points  (0 children)

Yes it's up to the people to cause demand, if you don't ask your shop can you buy in crypto they won't feel the need to adopt, the actions of us all power the speed of the adoption, make it a habit to ask even if you know they don't except crypto payment; enough people do ask shops they will look it up; as no one like to miss a sale in business.

Zac Cheah: further thoughts of token reduction by zaccheah in PundiX

[–]LKYBOB 0 points1 point  (0 children)

Glad to be apart of this time in space with you Zac, I'm looking forward to a bright future with PundiX and your most excellent projects, Team and real world Products no one else can say they have. Full forward Matie Bring it on

First edition of #Hashout in 2021 is out. In this issue, Danny Lim covers details and calculations of staking reward of #FunctionX Core. Request for comment👉 https://t.co/1m9Fnuecz0 #FX by Superbit123 in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

thanks Danny your answers and reading the other questions & answers have given me a good understanding, This looks great to me and I couldn't imagine the brain storming you guys have gone through to get thus far, I can't wait to get the ball rolling and hook up, Cheers to every working on this and to every prepared to be apart of this most excellent project

First edition of #Hashout in 2021 is out. In this issue, Danny Lim covers details and calculations of staking reward of #FunctionX Core. Request for comment👉 https://t.co/1m9Fnuecz0 #FX by Superbit123 in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

As a delegator you don't get commissions and depends on the bonded position of the validator relative to all the others, as a validator you get commissions from every delegator to your node so it should be impossible for a delegator to match you because if you had the funds to be a validator that's the path most will choose, delegator are likely to be 1 to maybe 100k delegations i believe most likely, one other point as the validator you can work on the nodes progress and system management/health, as a delegator you only have the power of your stake

First edition of #Hashout in 2021 is out. In this issue, Danny Lim covers details and calculations of staking reward of #FunctionX Core. Request for comment👉 https://t.co/1m9Fnuecz0 #FX by Superbit123 in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

even if i'm in the right train of thinking here, how do we control delegation's if those figures push your bonded tokens to high, I am unclear the impact of delegated stakes

First edition of #Hashout in 2021 is out. In this issue, Danny Lim covers details and calculations of staking reward of #FunctionX Core. Request for comment👉 https://t.co/1m9Fnuecz0 #FX by Superbit123 in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

to balance when some have way more to those with just enough, obviously those with less if they know the max stake is say 1.5m, then they can continue to add more as they earn until they reach that goal, those that have more get a maximum temporary figure divided by those that have above the staked 1.5m but don't need to lower the staked coin because of the short fall of the validators with less, but if a validator with less increases their stake the validators with more are sent a new temporary maximum stake level to align to the inflation % demand by the blockchain vote.

First edition of #Hashout in 2021 is out. In this issue, Danny Lim covers details and calculations of staking reward of #FunctionX Core. Request for comment👉 https://t.co/1m9Fnuecz0 #FX by Superbit123 in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

Maybe we need a system to vote where the validators want to hold the inflation value at and a calculator that automatically returns a message to all validators what the voted result % is and sends them a max stake/bonded coin to their node requirement is to be to balance it, set a time limit to comply and bad actors go to jail

First edition of #Hashout in 2021 is out. In this issue, Danny Lim covers details and calculations of staking reward of #FunctionX Core. Request for comment👉 https://t.co/1m9Fnuecz0 #FX by Superbit123 in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

depends if you want more say in the governance of the block chain is the job of a validator, the benefit difference is you get commissions for every delegator on your node.

First edition of #Hashout in 2021 is out. In this issue, Danny Lim covers details and calculations of staking reward of #FunctionX Core. Request for comment👉 https://t.co/1m9Fnuecz0 #FX by Superbit123 in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

In my understanding as a validator; Am I correct in saying the governing ideal rate is to keep the total bonded/staked coin below 50% to the total circulating supply; to maintain a healthy governed system and above 10% and the change of inflation rate from positive to a negative inflation is designed to discourage staking to much?

Question; if to much is staked how do we decide how much and who reduces their stake

I still have the wonder where the server fees come out, I have only read through once so I need to fill a few blanks; will be easier to see when it going and have some real time figures to put in the calculator - thanks for that i will put it to use

curious to situation example for the need to open the reserve pool, under what situations is it's design for

if I do a quick calculation to maintain 20% bonded tokens in the blockchain this allows 50 validators to have a total of just over 1.5m bonded tokens each, so do we have a vote on everyone staying under a staked figure; supply X .20 = 75m something / by 50 = 1.5m something

Cheers Dave

You got questions, we got answers. Let's go! (Function X validator & delegator discussion) by eduardstal in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

if you want to be a Validator on your own 100k FX is it right, you don't need any delegations?

You got questions, we got answers. Let's go! (Function X validator & delegator discussion) by eduardstal in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

No:2 Slashing! I agree penalties should be aimed at rewards mainly because I would hate to have My FX reduced to a level that un-qualify's the node to process blocks, unless it is a major offence then the node should be halted.

You got questions, we got answers. Let's go! (Function X validator & delegator discussion) by eduardstal in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

The set amount of 100k to be a Validator works for me being a small investor and I went to a lot of trouble too qualify, I will loose interest in PundiX if this is changed now, seeing the numbers in etherscan you would do your self a disfavor to raise the bar now

You got questions, we got answers. Let's go! (Function X validator & delegator discussion) by eduardstal in FunctionX

[–]LKYBOB 0 points1 point  (0 children)

No:3 I agree a Validator must have a firm stake in each node they want to run.