Quick rundown on the new biz_classic ARK delegate:
WE ARE 80K AWAY FROM STARTING TO FORGE!
- magnet / biz delegate was ousted after losing or stealing an entire week's worth of earnings and we are now rank 52 on biz_classic after overtaking him and knocking him out of delegate status so he can no longer steal Veeky Forums users' staked ARK earnings. - Uncle Chang & Moon Man, the technical team behind the old biz delegate, ousted him and created biz_classic. - We're IT and cyber security professionals by trade as well as programmers. - Chang is a well known public figure and we were both doxxed at the he will not divide us event, so you know who we are and what we look like and where we live, so you have a reason to trust us.
Payout structure:
- 100% payout for first 2 months and 100% FOREVER if you own less ARK than the average amount in our pool. - 90% MINIMUM payout forever for everyone who joins pre-51. - Whales (above average wallet sizes) get 80% - 99% on a sliding scale. - Other details to follow, but 100% for first two months, 100% forever for below average wallets, and 90% grandfather rule is SET IN STONE.
What we have planned:
- Fully automated payments so we won't poo on your ARK like magnet did. - Sliding payout schedules based on your staked amount (small bagholders get paid less often so their fees aren't eating up the profits). YOU WILL GET DAILY PAYOUTS BY DEFAULT IF YOU MEET THE 1 ARK MINIMUM. OTHERWISE YOU ACCUMULATE EARNINGS UNTIL YOU GET 1 ARK. - Website similar to mining pools where you can see your current payment and choose your OWN payment schedule, along with other pool stats and your payout percentage/weight.
Delegate name: biz_classic
Even if you don't vote for biz_classic, be sure to unvote for biz.
checked you can copy/paste it from the wallet, iirc
Adrian Foster
danke i know i'm a broken record at this point, but can that link be included in the OP copy/paste in the future? it's handy to have and i always lose it pls and thnk you
Ian Kelly
So what exactly does this do? I mean, I get that we "forge" ark somehow - but what is the end game? Do these groups benefit some higher function?
Jeremiah Torres
hey, this question has been itching me a long time coming, were you the guy wearing a skeletor mask? Switching soon.
James Perry
There are no miners. Just 51 forgers that people who hold ARK vote for. Delegates distribute the money to their voters and keep the network secure.
No. I wore the Moon Man mask, and the ski mask on night 1, and DJ'd day 3. I also hosted the final HWNDU party the weekend it was shut down.
You need to be in the top 51 of nodes with the most votes to start forging blocks, similar to mining in bitcoin. These "delegates" then distribute the rewarded ARK to their voters.
Henry Wright
ah thanks!!!
Brayden Walker
Extremely fast mainchain that holds little to no data. Used to access side chains (which actually contain the data) or other already established chains (bitcoin, ethereum) through Smartbridge (in the works). Think of it as a forever fast inferace to all blockchain. Internet of blockchain, if you will.
Uses Delegated proof of stake for its 'mining'. Delegates are voted for by anyone who holds ark and only the top 51 get to mine. This is the best option for scaling because you can allow mega server farms to supply the computing power, but if they do shady shit the community simply unvotes them (unlike bitcoin and ethereum where he who controls the miners has political power essentially.)
Chase Cook
So is this somethong good for longterm or short term?
James Ross
I would have to say LONG LONG haul.
Gabriel Thomas
Long term definitely. The team has to actually implement Smartbridge and all the other stuff they promised. If they pull it off, massive gains (low supply means price in the hundreds is possible). If not, its just another fast transaction speed shitcoin.
Blake Cox
total newfag but want to get in with ark
where do I signup/vote ?
Aaron Long
Download the ark wallet and buy some on Bittrex! Welcome aboard :)
Asher Morris
do you currently have any crypto holdings? If not you'd have to buy bitcoin first.
Joshua Torres
Ark.io my man. If you see a puddi avatar, that's a scammer and you should ignore it. You get the wallet installed, send your ark to it and then click the votes tab in 5 he wallet. There's an infographic floating around with voting instructions, it might be in the archive if a hill shill janny didn't delete the last thread.
Jose Young
7 5 K
Aiden Foster
Thanks. Bittrex taking forever to accept deposit from coinbase
Nathan Young
Checked.
Robert Lopez
bump
Cameron Garcia
vote biz_classic!
Dominic King
my god you guys climbed up the ranks quickly
is this the power of Veeky Forumsraelis
Samuel Brooks
6 5 K
Chase Morales
I don't know why but this is all making me really excited
Colton Gonzalez
Where do i find the biz_classic wallet address so I can verify?
Eli Russell
Search for it in the explorer. Just type "biz_classic" and it'll bring you to the wallet address page.
He magically transformed into a giant douche and took a whole week's forge from us. He'll be along shortly, he's currently pretending to be someone else.
Landon Edwards
Are you for real?...
Bentley Gray
I'm just a napkin, bro.
Liam Williams
If I voted for someone previously, but want to un vote and revote for biz_classic, how to do so?
Cooper Cooper
we got you fampai
Jayden Reyes
Less than 50k away.
Luis Baker
my body is ready
Aaron Parker
So how are payouts calculated? The amount I hold in my ark wallet at the time I vote or the amount I hold in my ark wallet at the time payout is calculated?
Please respond.
Josiah Jackson
Almost there lads!
Sebastian Adams
neither. it's calculated per block so you get rewarded based on your balance each time we forge a block.
Cameron Roberts
I don't want to miss this. What do i have to do?
Gabriel Jackson
see
ignore the unvote part if you haven't voted yet.
Hudson Jones
Done, thanks
Isaiah Jones
Guys what's going on? I voted for biz_classic last night and now it's saying I haven't voted for anyone despite the ARK having left my account.
Bentley Richardson
bump
Connor Cox
Link your address.
Samuel Wilson
Congratulations to AFxija3C9hpoQ9BgnNXNN9rV3ynb5QNvz5 for being the only dumbass who voted for bizclassic instead of biz_classic.
Christian Fisher
Address: AJzzPjEGy3uETH12sBrw3cb9c23QP4CvoD
When I click vote it gives '-biz_classic', but aside from that nothing is showing up.
Asher Smith
Blockchain says you voted, you can relax.
Asher Rogers
Thanks, might stock up on some more ARK given this dip.
Daniel Lopez
Can someone make sure i've voted correctly please
ARQKSGSjmtiC9M3J1CekYKb59gcnhEvFoh
Anthony Thompson
you're fine
Parker Harris
>it's another Veeky Forums gets scammed episode!
back to /pol/ jackie chan
Blake Reed
biz_classic, when you enter the circle of 51, you'll have to come with me
Levi Ramirez
#51.
WE'RE FORGING
Michael Price
WE NEED MORE VOTES! KEEP PUSHING! We need a sizeable lead so one person doesn't knock us out!
Caleb Gonzalez
We're gonna make it 2.0
Thomas Wood
Voters have been snapshotted for the 90% minimum permanent payouts!