We are constantly mining the old chain with our miners, if no one else mines it, we will produce the blocks. However, in the past it has been a problem that someone with a high performance ASICS have produced a few blocks and then left the difficulty very high. If you wish to mine, please make sure you just don’t stop but exit gradually so the difficulty goes down again. Our poor little miners need hours to find a block at higher difficulty.

No problems at all. The pool I used is deleting. I stopped mining several hours ago now. I only had 1 x L3+ on it - 504 MH. sorry if this caused problems.

Ill leave it alone. If you have problems give me a shout and I can mine some blocks ( if users are complaining of 0 confs)

Keep up the good work all!
Beast of a project!!!

POW is over. no rewards for Mining now. You can Buy on Crypto-Bridge Exchange.
I was only mining so i could move my BCO to the DEX.

I think its a beast of a project! Scam never entered my mind.

Is it safe to move BCO from nova exchange to cryptobridge at this time?

Hi Everyone,

I've just come across this project and it looks really interesting. However, I have a question. Sorry for my ignorance, but I'm still trying to get my head around how everything in this crypo world works!

My question is this: how does the wallet system work on this exchange?

For example, if I have both an XVG wallet and a BTC wallet in the DEX, each with their separate address, how do I know what the private key is for those wallets?  Can I access those wallets from outside Cryptobridge, or only from inside?

Are those wallets addresses that are actually on the XVG and the BTC blockchains, or are they somewhere else (on the cryptobridge blockchain)?  If they are not on the related blockchains (XVG and BTC) where and how is the currency stored?

Any information about this would be greatly appreciated!  

 

The staking is calculated as follows:

The staking reward is 0.15% of the exchanges volume. If the exchange does $10M volume in a day, then everyone staking will share 10M * 0.15% = $15,000 between them.
Your share depends on how much BCO you have staked, and the total amount of BCO being staked. Simply divide the amount you are staking by the total number of BCO being staked to figure out your slice of the pie.

As for "it is now found that the reward is not enough to pay the deposit fee", that seems a little misleading. Let's break it down:

You pay the fee only once, not every time.
If you stake some BCO, it will continue to stake until you choose to stop it.
This means that after a certain amount of time, you will have earned the staking fee back.
This will depend on how much you stake - the more you stake, the more you make.

Let's imagine you stake 1 BCO, and the fee is 10 BCO
If you stake 1 BCO, then your slice of the pie is quite small. It may take you a *long* time to receive enough payouts to pay back the fee, considering the fee is 10x your initial investment. This may not be a wise idea.

Let's imagine you stake 100 BCO, and the fee is 10 BCO.
Now your slice of the pie is 100x more, it will take you 100x less time to receive enough payouts to pay back the fee, considering the fee only represents 10% of your initial investment.

The fee is (relatively) fixed, there is no question about that. But what you can control is the % of your investment the fee comprises. And you only have to pay the fee once.

Respected Dev! Please help me enter my account. I created it when there was a beta version, I wrote down my password in my notebook, now I can not log into my account and write the wrong password. As I was explained by other users, most likely I registered in the local wallet, how do I get into my local wallet? If I always use a cloud wallet to log in to my browser even if I choose a local (((Need your help

Is ETH still getting added to the exchange for January? Updates please.

I think the fees would discourage manipulation of the markets considering it requires you to execute many actions on the BTS blockchain. Each buy, sell, and cancel require fees to be paid.

You are correct, both the market maker (the person who proposes the price) and the market taker (the person who accepts the price) are indeed charged a 0.2% fee.
However, the market maker is refunded their 0.2% fee. The market maker also gets 25% of the market taker's fee (ie 0.05% of the trade). This is to incentivise people to provide offers, and thus volume, to the exchange. As they say - get paid to trade. You get paid to offer assets at a set price.

The other 75% of the market taker's fee (ie 0.15% of the trade) goes to the stakers.

Does that make sense?