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5 Million NXT bounty for Nxt & Ardor Forgers singapore
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Author Topic: 5 Million NXT bounty for Nxt & Ardor Forgers  (Read 108924 times)

neo

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #200 on: July 18, 2016, 10:52:05 pm »

I connected 1 server (*OpenAPI, *OpenAPI-SSL *Archival) and 2 servers (*OpenAPI, *Archival) for several days in the job, awards not.

here they are http://www.peerexplorer.com/nodes

The accounts awarded are often repeated.

The formula gives preference to large NXT account ?
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lurker10

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #201 on: July 18, 2016, 11:13:52 pm »

I connected 1 server (*OpenAPI, *OpenAPI-SSL *Archival) and 2 servers (*OpenAPI, *Archival) for several days in the job, awards not.

here they are http://www.peerexplorer.com/nodes

The accounts awarded are often repeated.

The formula gives preference to large NXT account ?

Greetings.
First of all there is variance.

There is no preference in the randomizing formula to which account is picked as a winner.
Once the node is confirmed as 'live' (the lastUpdated reponse), it has joined the lottery round. If you can pm me the NXT account you have in nxt.myPlatform, I'll check if it's recorded in the past lottery logs. Some nodes are switched off for the night, these are excluded from the rounds running while they are offline. The nodes that are online 24/7 join more lotteries and get more rewards.
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OutSL

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #202 on: July 19, 2016, 07:20:53 am »

Hi  :D
I connected 1 server (*OpenAPI, *OpenAPI-SSL *Archival) and 2 servers (*OpenAPI, *Archival) for several days in the job, awards not.

here they are http://www.peerexplorer.com/nodes

The accounts awarded are often repeated.

The formula gives preference to large NXT account ?
the system give the priority to the big fat accounts because more NXT you have, more is secured the block that you produce
based on the statistics here:
https://nxtportal.org/monitor/
i did a simple calcule that can show you your chance to forge a block...
1% of chance = ~ 3200000 NXT
to know what is your % of chance to earn a bounty prize from the forging system, divide your effective balance by 3.2M NXT...
and if you are blessed and got one, this have to much with the time that Megalodon puch the superfees transactions...

lurker10 lottery is more democratic and the chances on it are not relative or related to the accounts balances... you have just to setup the things like lurker10 said above and you are ready to win  ;D
i got some coins  for the NXT3D project :D
https://nxtportal.org/accounts/12138409354953664726

Thank you all and @++
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neo

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #203 on: July 19, 2016, 07:22:39 am »


Greetings.
First of all there is variance.

There is no preference in the randomizing formula to which account is picked as a winner.
Once the node is confirmed as 'live' (the lastUpdated reponse), it has joined the lottery round. If you can pm me the NXT account you have in nxt.myPlatform, I'll check if it's recorded in the past lottery logs. Some nodes are switched off for the night, these are excluded from the rounds running while they are offline. The nodes that are online 24/7 join more lotteries and get more rewards.
my nodes online 24/7 . I sent to you a message from the nodes.
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lurker10

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #204 on: July 19, 2016, 07:33:23 am »


Greetings.
First of all there is variance.

There is no preference in the randomizing formula to which account is picked as a winner.
Once the node is confirmed as 'live' (the lastUpdated reponse), it has joined the lottery round. If you can pm me the NXT account you have in nxt.myPlatform, I'll check if it's recorded in the past lottery logs. Some nodes are switched off for the night, these are excluded from the rounds running while they are offline. The nodes that are online 24/7 join more lotteries and get more rewards.
my nodes online 24/7 . I sent to you a message from the nodes.

I've looked them up.
Your node with a domain name is good and joins the lottery each round, just no luck yet.
Your other node has an invalid hallmark and an invalid announced address. You must have changed the address and forgot to change those settings. As a result the NRS server ignores your node for peering: GetInfo: ignoring invalid announced address for y.y.y.y
Solution: fix the announced address and the hallmark to the new node IP. Announced address setting is probably unnecessary, make it empty.

The status of the node is not blacklisted though, not sure exactly what's happening here, you just need to remove the announced address setting completely. Maybe it's because of the invalid hallmark that your node is ignored, the internals of how NRS server communicates to peers are a little obscure to me but as long as the peer doesn't register as invalid for any setting it should be ok. Please fix the hallmark and we'll see if it' enters the next rounds.

71 nodes have joined in the most recent round, it should be all the nodes with myPlatform setting at nxtportal.org/peerexplorer.com but one or two could be missed for some invalid settings.
« Last Edit: July 19, 2016, 07:48:14 am by lurker10 »
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neo

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #205 on: July 19, 2016, 07:34:48 am »

Hi  :D
Hi, in my opinion it is necessary to encourage beginners to more advance NXT--> Ardor. Do richer fat wallets -- a step back.

Maybe the Megalodon will change to promote more democratic
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Megalodon

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #206 on: July 19, 2016, 09:15:43 am »

to know what is your % of chance to earn a bounty prize from the forging system, divide your effective balance by 3.2M NXT...
and if you are blessed and got one, this have to much with the time that Megalodon puch the superfees transactions...

Please check the facts before posting. TQ.
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OutSL

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #207 on: July 19, 2016, 10:00:00 am »

Hi again  :D
to know what is your % of chance to earn a bounty prize from the forging system, divide your effective balance by 3.2M NXT...
and if you are blessed and got one, this have to much with the time that Megalodon puch the superfees transactions...

Please check the facts before posting. TQ.
hmmm?!? what facts? maybe there is things that i don't know ?
my analysis is based on my own experience and the statistics here:
https://nxtportal.org/monitor/

is this stats are not accurate? because if you calculate the % you will find the same as me... mean 1% chances = ~ 2.9M to 3.1M NXT... and my chances to forge the next block are ~0.0035% with an 10223 NXT as effective balance...
for me the facts are this evidences and stats data... if they are false or incorrect i apologize  :D

Thank you and @++
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Megalodon

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #208 on: July 19, 2016, 10:37:18 am »

Hi again  :D
to know what is your % of chance to earn a bounty prize from the forging system, divide your effective balance by 3.2M NXT...
and if you are blessed and got one, this have to much with the time that Megalodon puch the superfees transactions...

Please check the facts before posting. TQ.
hmmm?!? what facts? maybe there is things that i don't know ?
my analysis is based on my own experience and the statistics here:
https://nxtportal.org/monitor/

is this stats are not accurate? because if you calculate the % you will find the same as me... mean 1% chances = ~ 2.9M to 3.1M NXT... and my chances to forge the next block are ~0.0035% with an 10223 NXT as effective balance...
for me the facts are this evidences and stats data... if they are false or incorrect i apologize  :D

Thank you and @++

You're right about the chance of forging a block according to forging algo being proportional to the account size. But as far as the chance to "earn a bounty prize" goes, it has been stated above that it is skewed to benefit smaller accounts. If you look at the accounts which have actually won bounties so far, their chance is nothing close to being proportional to their account balances (forging power), with an exception of forging pools (which indirectly benefit smaller accounts).

Despite best efforts to achieve this, it is inevitable that occasionally some bounties will land in very large forgers or even forgers that have opted out due to the non-100% certainty of the deterministic forging order, network effects and the fact that not all accounts appearing at the top of the forging order table are online and actually forging during their turn.

But that does not mean that no large accounts will win any bounty because we need to attract them to forge as well. Dependence on very small accounts alone will not be able to significantly lower the base target.

I have contacted several developers to help write a script to automate this, but so far they are all too busy. So, if you or anyone out there are able to help run this campaign in an automated and more transparent manner, please contact me.
« Last Edit: July 19, 2016, 10:50:41 am by Megalodon »
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OutSL

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #209 on: July 19, 2016, 11:11:30 am »

Hi again  :D
...
I have contacted several developers to help write a script to automate this, but so far they are all too busy. So, if you or anyone out there are able to help run this campaign in an automated and more transparent manner, please contact me.
i entirely agree , unfortunately the system is designed like that and can not be used for an equitable distribution...
i was really generous in my calculations because the real equivalent of 1% chance is the total of the active stake / 100 =  ~ 3963361 NXT...

for the DEV, i think lurker10 scripts can do this... its just a value to change in the requests  ;) eg; giving an amount as fees in 1NXT transaction... or dividing the prize by 2 where 1/2 go as money transfert and 1/2 gose as fees...
you have already what is needed  ;D

thank you and @++
« Last Edit: July 19, 2016, 11:24:17 am by OutSL »
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lurker10

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #210 on: July 19, 2016, 12:03:36 pm »

for the DEV, i think lurker10 scripts can do this... its just a value to change in the requests  ;) eg; giving an amount as fees in 1NXT transaction... or dividing the prize by 2 where 1/2 go as money transfert and 1/2 gose as fees...
you have already what is needed  ;D

Well, to make it skewed to benefit smaller accounts there has to be a way to get the order of next few forgers, I haven't been able to locate this in API calls.
https://nxtportal.org/monitor/ does this somehow, maybe they use something else but the standard Nxt API.
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OutSL

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #211 on: July 19, 2016, 12:26:15 pm »

Hi again :D
for the DEV, i think lurker10 scripts can do this... its just a value to change in the requests  ;) eg; giving an amount as fees in 1NXT transaction... or dividing the prize by 2 where 1/2 go as money transfert and 1/2 gose as fees...
you have already what is needed  ;D

Well, to make it skewed to benefit smaller accounts there has to be a way to get the order of next few forgers, I haven't been able to locate this in API calls.
https://nxtportal.org/monitor/ does this somehow, maybe they use something else but the standard Nxt API.
i don't think that is important to know the next forger because at the base, all the forgers have the same rights at the same level to get some coins rich as poor :D

if i can suggest you an idea...
why not 3 or 4 rounds types that run in a random way... eg;
round1: give an amount (prize) and pay 1NXT fee
round2: send a message and pay an amount as fee (prize) like Megalodon do manually
round3: do 50/50 of the prize and send 50% to a participant node and pay 50% as fees
round4:....
each round have it's own function... you can change the number to fire a round type...

Thank you and @++
« Last Edit: July 19, 2016, 12:30:57 pm by OutSL »
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Megalodon

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #212 on: July 20, 2016, 11:24:38 am »

Let's fix numbers:

Active stake   371'319'660 NXT

Forgers 283

 :)


Looks like we have seen some increase in active forgers & forging stake  ;D . More significantly, the percentage of blocks forged by smaller forgers grouped under "Others" have also increased. It was less than 30% previously.




Congratulations to all the forging bounty winers in the first 8229 blocks since the start of this campaign.
Note that many small forgers have won the bounties. Great effort everyone, keep the forging machines running. We've got quite a way to go!
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martismartis

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #213 on: July 20, 2016, 12:03:43 pm »

well, still a lot lot left until specific goals :) I'm forging, my raspi will explode :)
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farl4bit

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #214 on: July 20, 2016, 12:20:17 pm »

Great work, shark!  ;)

I am foring since begin 2014 (24/7)! I do get less blocks now everyone is forging. But all for the greater good!  ;D

Maybe you can make smaller fees, like 100 NXT so that more blocks are filled?
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galeki

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #215 on: July 20, 2016, 01:04:32 pm »

Active stake   371'319'660 NXT

Forgers 283

And then I found:




So everyone online is forging right now?  ::)
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crimi

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #216 on: July 20, 2016, 05:02:49 pm »

Active stake   371'319'660 NXT

Forgers 283

And then I found:




So everyone online is forging right now?  ::)

coincidence, but both are not related :)
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Megalodon

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #217 on: July 21, 2016, 08:05:05 am »

Great work, shark!  ;)

I am foring since begin 2014 (24/7)! I do get less blocks now everyone is forging. But all for the greater good!  ;D

Maybe you can make smaller fees, like 100 NXT so that more blocks are filled?

Way to go, faithful forger!
Currently I can't do the 100NXT fees, without gluing myself in front of the monitor the whole day. But good news is we have devs who are helping automate this. Once done, your suggestion will be implemented.
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zuqka

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #218 on: July 21, 2016, 04:51:53 pm »

No luck for me one the first round. Let's see how the wheels turn
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Megalodon

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Re: 5 Million NXT bounty for Nxt & Ardor Forgers
« Reply #219 on: July 25, 2016, 11:02:51 am »

Forging Bounty Campaign Update

Good job forgers/stakers/whater-you-prefer-to-call-yourself! We now have 284 online public nodes, 384 active forgers with a collective forging power of over 404M. We still have a long way to go before reaching the stated goals.

From block 870400 to 881723, the bounties were handed out pseudorandomly using a manual process and was partially documented here.
Thanks to ScripterRon who has developed a new GetNextBlockGenerators API for the nrs, and to lurker10 who has developed a script to automate the transactions with the bounty fees, this campaign is now fully automated and transparent.

Lurker10’s “Bounty Script v0.2” file “bounty-0.2.tar.gz” has been uploaded to our very own Data Cloud. Here’s how the Forging Bounty works.

At a random time, the script gets a list of the top 5 deterministic forgers for the next block.
It then checks if the top 1&2 (and sometimes 3) forgers in that list are all eligible to receive the bounty for that block by comparing their Effective Balances (EB) against a preset value (MaxEB). If they are, a Message is sent with an exceptionally high randomly generated fee. If the first on the list is forging, that account will receive the bounty. Otherwise, it goes to the next in line.

For transparency, the Message contains the parameters that determined the forgers eligible to receive that block’s bounty, comprising:
MaxEB: Maximum EB (This helps skew bounty in favour of smaller accounts)
Pool: 1 or 0 (1=Pools always eligible regardless of EB, 0=Pools have no special privileges)
S: 1-3 (Strictness: Number of top 5 deterministic forgers that must be eligible)
MaxFee: Maximum fee bounty for that block
Ratio: Day x N (On certain day of week, multiplier N is applied to MaxFee).

These parameters are changed from time to time to reduce predictability and enhance distribution.
Pool operators who have not registered their forging addresses are encouraged to do so to benefit from exemption of MaxEB.

TLDR version: Smaller accounts forging 24x7 have a good chance of receiving bounties. Accounts with EB > MaxEB receive the bounties if the smaller eligible accounts missed their opportunity to forge. It is quite futile for larger accounts to split into many smaller accounts because MaxEB & Strictness (S) parameters are changed sporadically AND the fact that deterministic forging order of the network favours a single account versus multiple accounts with same EB.

Account Sending out Messages with Bounty Fees: NXT-G98N-SZGX-Z8ZA-9HNY6 (Forging Bounty Auto)
Funding Account : NXT-HH9F-JMRB-6HRD-HD5ZW (Forging Bootstrapper)
Funding Mechanism: Automatically done using NRS Account Property & Funding Monitor Smart Transactions.
Lurker10's Lucky Node Lottery account NXT-8F28-EDVE-LPPX-HY4E7 is also funded by NXT-HH9F-JMRB-6HRD-HD5ZW using Funding Monitor.

A list of all automated transactions (including test txs) until block 885762 is available here. This is a static page and will not update.
A list of most recent Bounty transactions is available at http://192.3.196.10:7876/stats.html This list is always updated.
Since the start of Ardor snapshot period, over 80,000 NXT has been distributed. Here's the most recent snapshot showing last 50 forgers awarded the bounties.

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