3DCoin Masternodes, upcoming Primenodes and scheduled 850k block fork of December 2019


  • Global Moderator

    [TOPIC OBSOLETE] please read the last post at the bottom

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    [OBSOLETE] [OBSOLETE] [OBSOLETE]
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    ℹImportant information for 3DCoin masternodes operators/owners in view of the upcoming fork scheduled for the 850k block. ⌛

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    The 3DCoin Masternodes and the new upcoming Primenodes and the scheduled fork at the 850k block height (expected at the beginning of the second half of December).

    In a few days (at block height 850k) there will be a very important scheduled hard fork for our consensus protocol (let's not forget that we are the first "full masternodes only" project based on the Bitcoin and Dash code), this hard fork will introduce various new important features that we have been announcing continuously for months now:

    1. Increase of the collateral from current 1k 3DC to 25k 3DC but ONLY FOR NEW Masternodes activated after the hard fork (but see following points)

    2. All the nodes (both the old ones with 1k 3DC collateral and the new ones with 25k coins) will lose their status if they do not take at least one reward every 50k blocks. For the new 25k 3DC nodes obviously this will not be a big problem, it will be enough to restart the node, but for those who had activated the node with only 1k 3DC before the fork, the loss of status will involve the need to have a new collateral of 25k 3DC to start the node again (so 1k + 24k coins)

    3. Only the current nodes activated with only 1k 3DC that have taken at least one reward from the 800k block to the 850k block will have the right to remain active but only until they continue to always take at least one reward every 50k blocks (see also point 2 above) ie at least one reward every 45 days approximately (to simplify, but it is an approximate calculation, the blocks are important, ie 50k, not the days), so if in the few days before the fork (for example today) someone activated a 1k 3DC node it is very difficult that the right to keep it active even after block 850k can mature because it would not have time to take at least one reward that had to be taken between the 800k block and the 850k block to mature the requirement

    4. Starting from the 850k block height (ie from the fork) the new layer of Primenodes will be introduced, with a ratio of 1:30 with the Masternodes (1 Primenodes / 30 Masternodes), this means that until enough Primenodes are activated to cover the proportion with the already existing masternodes (ie with masternodes enabled at block 850k, currently with about 6k active masternodes, at least 200 Primenodes are needed to complete the proportion) it will be possible to activate only Primenodes for some time (same collateral, same reward at least for the first time, then they will only take the fees of dapps when we have dapps). After the proportion is satisfied, then each further activated Primenode will allow the activation of 30 new Masternodes (also belonging to different people of course, not necessarily owned by the same person or managed from the same control wallet)

    5. The collateral (all the current ones from 1k and the future from 25k) will soon become "unlockable", so the nodes can be activated with a collateral of 25k (Masternodes or Primenodes) and then the collateral can be unlocked after a few days and also used to create new nodes for example or even sold (but as said the node to keep the right to stay active must have a reward every 50k blocks otherwise it must be reactivated with the collateral of 25k again so if a masternode operator remains without at least one collateral available of 25k 3DC the risk is not being able to reactivate the node in case of problems)

    6. Another novelty that we are going to introduce in the coming months and we have already announced for some time is the tokenization (a kind of NFT) and the transferability of the ownership of a 3DCoin node pre-activated.

    All of the above summarized by the latest information released in the various recent AMAs was conceived and developed not because we want to do strange things but because ours is a Virtual Reality project and we are building a triple layered blockchain with three types of specialized nodes that we need for our infrastructure, so after the Masternodes and the Primenodes also the Pulsenodes will arrive, as said all nodes with different functions. 3DCoin is not a "tiered" masternodes project (we do not have "tiered" nodes), but is a blockchain infrastructure with various types of structural nodes for various specific functions linked both to the protocol of consensus (Proof Of Sync) and to Vrtual Reality above all and to the dapps (also in VR) that will come, moreover the 3DCoin team is not interested in "forcing" the masternodes operators to keep the coins "locked" nor to reward the nodes for a kind of "staking", for this it was decided to unlock the collateral in the future, to reward the nodes for their "work" for the network and not those who simply hold/stake coins (so we get closer to "mining" as a concept of the reward), therefore the collateral will be only a temporary "antispam" for the activation of the nodes that can be subsequently unlocked, a collateral locked for the whole life of the node does not serve us for the safety of the network thanks to our innovative protocol "Proof Of Sync".

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    3DCoin ⛓ Blocks explorers 🔍

    https://3dcstats.net
    https://explorer.3dcoin.io
    https://explorer.3dcoin.live

    3DCoin 🌐 Masternodes explorers 🔍

    https://explorer.3dcoin.live/masternode
    https://explorer.3dcoin.io/masternode

    https://explorer.masternodes.online/currencies/3DC/ (provided by Masternodes Online)

    📌 Reminder of 9 November 2019 for masternodes operators (also contains links to useful guides):

    https://3dctalk.net/topic/1252/reminder-for-masternodes-operators-reached-block-800k-now-we-are-in-the-range-of-blocks-in-which-to-mature-the-requisites-to-keep-your-masternodes-active-with-the-current-collateral-of-1k-3dc-even-after-block-850k

    #️⃣#️⃣#️⃣#️⃣#️⃣#️⃣

    In case of doubt, do not hesitate to ask for information and support by replying directly here in this forum topic, or via Telegram or Discord:

    Telegram official (international / english only)
    https://t.me/Project_Districts

    Discord official
    https://discord.gg/4CSmbSK


  • Global Moderator

    ℹ Please note: At the current daily average of the blocks (around 1220 blocks produced in the last 24 hours) the 850k block is expected for Thursday 19 December before 20.00 (UTC +4), it is however possible to verify in real time the daily average of the blocks on Masternodes Online or on Masternodes Pro and the current block height in one of the official explorers:

    3DCoin page on Masternodes Online
    https://masternodes.online/currencies/3DC/

    3DCoin page on Masternodes Pro
    https://masternodes.pro/stats/3dc/statistics

    3DCoin ⛓ Blocks explorers 🔍

    https://3dcstats.net
    https://explorer.3dcoin.io
    https://explorer.3dcoin.live


  • Global Moderator

    📣 An important communication released in our official Telegram from our Lead Dev on the upcoming update, please read the communication in the following Telegram link (it works in the browser even if you don't have Telegram installed)

    https://t.me/Project_Districts/65588

    ℹ At any time you can monitor the release of the new version expected soon on Github.
    This link below always redirects to the latest version, so every time you click (don't refresh though!) it sends you to the latest core version available:

    https://github.com/BlockchainTechLLC/3dcoin/releases/latest

    ⚠ As usual, beware of scam attempts, there are NO accounts or support bots, any message coming to you containing links even if it seems to come from a support account / bot or from a team member is a fake and a scam attempt. Be careful, please! ‼


  • Global Moderator

    3DCoin Update 17 Dec. 2019

    🔥🔥🔥3DCoin v15 part 1 is out now!!! 🚀 🚀 🚀

    NEW CORE RELEASE v0.15.0.1

    THE NEW RELEASE IS MANDATORY

    Downloads:

    https://github.com/BlockchainTechLLC/3dcoin/releases/tag/v0.15.0.1

    or as usual

    https://github.com/BlockchainTechLLC/3dcoin/releases/latest


  • Global Moderator

    It is advisable to read the AMA log of 3 January as various clarifications are given on the various stages of the v15 update still in progress, it is explained that various features, including the increase of the collateral from 1k to 25k, the unlocking of the collaterals and the Primenodes, will be activated in the coming months after the completion of the various phases of the v15 update following the scheduled fork that occurred at the 850k block height:

    AMA log of 3 January 2020:
    https://3dctalk.net/topic/1270/ama-log-03-january-2020

    Attention please: Note as clarified several times that the "1k collateral" nodes can remain active only if activated before the 850k block (already occurred) and only if they have taken at least a reward between the 800k block and the 850k block as already explained in the initial post and in various announcements and past AMAs.

    For any doubts, do not hesitate to ask in our usual official contact channels:

    Telegram official (international / english only)
    https://t.me/Project_Districts

    Discord official
    https://discord.gg/4CSmbSK


  • Global Moderator

    Further important news about nodes (masternodes/primenodes, collaterals, nodes NFT) have been introduced in the last AMA of 10 January 2020

    AMA log of 10 January 2020:
    https://3dctalk.net/topic/1272/ama-log-10-january-2020

    so this topic becomes OBSOLETE and is now CLOSED, please follow each AMA on Friday on our official Telegram group (normally at hours 21-23 UTC +4) to be updated as the new updates are communicated directly in AMA.
    ℹ The logs of the AMAs are always published the day after the live AMA or at the latest within a couple of days after the AMA and can be found in the following section of this forum:

    https://3dctalk.net/category/24/ama-logs

    Check also the forum with the "ama" tag to find also the links to the AMAs monthly recaps published on our Medium:

    https://3dctalk.net/tags/ama

    For any doubts, do not hesitate to ask in our usual official contact channels:

    Telegram official (international / english only)
    https://t.me/Project_Districts

    Discord official
    https://discord.gg/4CSmbSK