Earn EOS By Staking EOS – Ram Trading Fee Proposal

EOS RAM Trading Fee Proposal

EOS Ram Fees Current vs Proposed

“There is already 1.5 million eos tokens made from a 1 month RAM trading fees. Over a year that would increase considerably. Under the current system eos tokens earned through RAM trading fees are taken out of circulation and offset against the 5% rate of inflation. The current system divides the value between everyone regardless of wheter you are been officially contributing towards EOS in positive way or not. However redistributed these RAM trading fee tokens instead of burning them to those EOS tokens who have staked would allocate this value to them only.

The average EOS token holder only has one reason to stake his or her tokens and reason is to vote. So through rewarding token holders who stake you would be rewarding token holders who vote essentially regardless of who they vote for.

So this is what Dan Larimer himself has had to say about this proposal (quote): Currently voting has a cost. Time and reasearch cost. I want to lower it to zero by ofsetting cost with rewards redistribution of network income to staked token holders has a much perceived value than burning them. It will lower RAM costs by creating opportunity cost.” From https://www.reddit.com/r/eos/comments/90qo2a/a_new_opportunity_for_eos_holders_ram_income_for/

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EOS Fork Coming August 2018

EOS Fork: Telos (TLOS)

An EOS fork is coming soon.  The Telos team is aiming for an August 2018 launch of the Telos netowrk and TLOS coin.

http://telosfoundation.io/

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The BEST EOS Wallet

The Top EOS Wallet

The Greymass EOS wallet is the best EOS wallet I have used.  The Greymass team continues to pump out updates with new features weekly.

https://github.com/greymass/eos-voter/releases

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Creating EOS Account / Name Explained

EOS Account Creation

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EOS DDOS Attack

EOS Under Attack

Any EOS user who stakes their EOS can use those resources how they want.  In this case, we are seeing a user waste his EOS resources by spamming the blockchain with memo’s with the action name “ddos”.  Nothing to worry about.  All EOS functions remain operational.

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How To EOS Vote For Block Producers

In order to vote on block producers, your EOS need to be registered via the erc20 registration.  If your EOS were on an exchange for the snapshot, the exchange has your voting rights unless stated otherwise from the exchange (I believe Bitfinex has set up a EOS voting portal for its EOS holders).

EOS Block Producer Voting

Block.one is only supporting EOS block producer voting via a command line interface which can be found on their Github (https://github.com/EOSIO/eos).  If you are not familiar with CLI, this can be a challenging step.   There are web voting portals and desktop apps available but they are not officially supported or endorsed by Block.one.

EOS Voting CLI (CLEOS)

The following directions for using CLEOS for EOS voting is from this Medium post.

“The following directions can be used to vote via the command line:

Setup:

  1. Install ‘cleos’, the command line tool provided as part of the EOS installation package.
  2. Create a wallet, unlock it, and import your keys.

Commands:

  1. Stake 1000 EOS tokens for the ‘myaccountname’ account: cleos system delegatebw myaccountname myaccountname “1000.000 EOS” “1000.0000 EOS”
  2. Vote for one or more block producers: cleos system voteproducer prods myaccountname bproducerone bproducertwo

Alternatively:

  1. Proxy your vote: cleos system voteproducer proxy myaccountname bproducerone

Voting Note: To vote for Staked via the command line, replace ‘bproducerone’ with ‘stakedstaked’ in the commands listed above.”

EOS Voting via Web Interface

The Web interface portals for EOS block producer voting are not officially endorsed or supported by Block.one.  USE AT YOUR OWN RISK! 

Eosportal.io has a informative help section with directions on how to setup Scatter and use their site to vote your EOS which is located at http://www.eosportal.io/help

How To Vote Your EOS Using EosPortal.io

EOS Voting Via Desktop App

Greymass and EOSrio (block producer candidates) have created desktop apps for EOS voting.  These are good options to vote your EOS if you do not feel comfortable using a web portal or CLI.  They can be found at

How To Vote Your EOS Using Greymass App

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MoneroV Fork Details: Exchange / Wallet Support, Snapshot Block

MoneroV Fork Details

MoneroV fork is happening at block 1564965.

Many exchanges and services have already announced their support of the MoneroV fork. These include HitBTC, CoinEx, BTC-alpha, Coinroom, Ovis & Octaex among others.

Any wallet that that provides you with access to your own private keys so that you can import them into the XMV wallet to receive your forked coins. Suggested wallets include the official getmonero.org GUI/CLI wallets, mymonero.com web-based wallet.

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Monero Fork – Monero Classic, Monero Zero, Monero Original

Monero ASIC Fork – XMZ, XMO, XMC Created

Monero has fork’d because of ASICs miners but not everyone was on board. This has brought us 4 new Monero projects: Monero Classic, Monero 0 (XMZ), Monero Original (XMO), and Monero Classic (XMC).

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Antminer E3 ETH ASIC Miner

Ethash ASIC Miner – Antminer E3

Bitmain’s Antminer E3 Ethereum ASIC miner is here! This ETH ASIC hashes the Ethash algo at 180 MH/s while consuming 800w. They appear to be back in stock to order right now for $800!
https://shop.bitmain.com/product/detail?pid=00020180403174908564M8dMJKtz06B7

Antminer E3 Specs

  • Algorithm: Ethash
  • Power consumption: 800w
  • Hashrate: 180 MH/s

 

 

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Cryptonight ASICs – Antminer X3, Baikal Giant N

Cryptonight Algorithm ASICs

Cryptonight mining ASICs are here.  CPU and GPU cryptonight mining is dead with the arrival of these ASICs.

 Bitmain Antminer X3:

  • Hashing algorithm: CryptoNight
  • Power consumption: 550W
  • Hashrate: 220KH/s

Baikal Giant-N:

  • Hashing algorithm: CryptoNight
  • Power consumption: 60W
  • Hashrate: 20KH/s

 

  • Hashing algorithm: CryptoNight-lite
  • Power consumption: 60W
  • Hashrate: 40KH/s
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