:facepalm I mixed up march and may. Time to get some sleep!
Attention Dash Masternode Owners: Please register with the Deterministic Masternode List now
- Thread starter tungfa
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qwizzie
Well-known member
The way i see it once we reached 60% (only some 7% to go as we are currently at 53.3%), we then only need 1.25% or less.
As Darren showed we get between 3.8% and 4.5% per 24 hours, so we could still get those additional 7% and that 1.25% or less.
Darren
Active member
12:00 UTC
4553 active masternodes
March 4th 12:00 registered: 2291
March 5th 12:00 registered: 2507
Registered: 55.06%
24h registered: 4.74%
I'm not extrapolating these data. We're close to 60% and if the 24h rate falls below 0.63% that would be a condition for spork 15 activation.
4553 active masternodes
March 4th 12:00 registered: 2291
March 5th 12:00 registered: 2507
Registered: 55.06%
24h registered: 4.74%
I'm not extrapolating these data. We're close to 60% and if the 24h rate falls below 0.63% that would be a condition for spork 15 activation.
The registration rate has been pretty constant at 200 / 24h (about 4%) for the last few days, except for some occasional spikes upwards. The rate would have to drastically go up so that we hit 80% total registration, or drop significantly so that we go under the 24h threshold. Both seem unlikely at this point
qwizzie
Well-known member
The registration rate has been pretty constant at 200 / 24h (about 4%) for the last few days, except for some occasional spikes upwards. The rate would have to drastically go up so that we hit 80% total registration, or drop significantly so that we go under the 24h threshold. Both seem unlikely at this point
We dont need 80% total registration to have spork 15 activated. We need 60% total registration and 1.25% (or less) progress in the last 24 hours !!!
We are currently at 58.1% total registration (2702/4648*100).
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Yes. My point was that the registration rate is stable at around 4%, which is above the 1.25% limit. Looking at the trend it looks unlikely that the rate should drop to below 1.25% before March 8.
I'm not worried about making it to the next budget cycle in the beginning of April. That's given. But it doesn't look to me like we'll make the March 8 deadline
qwizzie
Well-known member
Lets say that we reach 60% of total registration by tomorrow, all that matters then is getting enough progress in the last 24 hours to get spork 15 activation.
Lets say that we have 4% registration in the last 24 hours. This means we achieved the rate of 1,25% or less (we are even well above it) and spork 15 gets activated.
Thats how i see it. A higher registration in the last 24 hours (>1,25%), does not necessarily mean a higher (>60%) total registration is needed.
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qwizzie
Well-known member
No, 4% is not less than 1.25%
Or have I completely misunderstood the rules?
Hopefully someone of the dev team can show us some clarity on that "registration percentage in the last 24 hours" criteria.
Specially when for example that percentage is higher then 1,25% in the last 24 hours, while having reached 60% total registration.
I want to make sure we are all at the same page on this.
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From what I understand the logic behind the rules are that we allow a lower total percentage of activated nodes if the registration process slows down.
The one thing that seems contradicting is the last entry in the table "80% requires 3.75% or less in last 24h" and the comment "Once we reach 80%, we will automatically activate without regard to the percentage registered within the last 24 hours."
24 Hours rule is to make sure that everyone who wanted to register had a chance.
If 24h % is to high, spork 15 is delayed (people are registering MN so we wait for them)
If 24h % is low (<=1,25%) that means that not many more MNO want to register and spork 15 is activated.
If you want spork 15 activation than register ASAP. But don't do it on march 7 because it is going to rise the 24h % and may stop spork 15 from activation.
If 24h % is to high, spork 15 is delayed (people are registering MN so we wait for them)
If 24h % is low (<=1,25%) that means that not many more MNO want to register and spork 15 is activated.
If you want spork 15 activation than register ASAP. But don't do it on march 7 because it is going to rise the 24h % and may stop spork 15 from activation.
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qwizzie
Well-known member
Still strange to see that we allow ourself to shoot ourself in the foot this way by allowing a higher 24h % to delay spork 15, when we already have a majority of total registration.
I'm all for fair treatment during updates but this is overpowering those masternodes that are late with updating.
Like was mentioned here before we are more likely to see a spike in registrations the last 24h than a sudden drop.
Yes, it's a bit strange that ppl that rush to register right before the deadline actually postpones the deadline by a month!
Geert
Active member
I would much rather have had DCG say that on March 8th, they will make a decision based upon the percentage of masternodes upgraded (must be at least 50%), and the rate of upgrades, and also taking into account how delaying the activation by a month could affect the project's critical path.
There was no reason to put it in stone. Transparency is good, but not when it ties your hands. Just make a decision on March 8 based upon all data.
There was no reason to put it in stone. Transparency is good, but not when it ties your hands. Just make a decision on March 8 based upon all data.
DIP3 has only been active for a week. People do things like travel, and don't necessarily have access to their wallets at all times. I'm sure that everyone clamoring here wants the switch flipped because they've already had the chance to register, but that is bordering on a conflict of interest. I think 3rd parties observing these things would much rather see a fair mathematical algorithm followed, rather than a few people who potentially stand to make a lot of money "just making a decision". It's not fun to have to wait for your changes to deploy, but neither is losing the trust of the community.
qwizzie
Well-known member
This is not about a few people potentially stand to make a lot of money, this is about risking delayment in activating spork 15 by overcomplicating the conditions of activation of that spork
(specifically the registration in the last 24 hours condition).
Thats my opinion at least.
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I get it; everyone wants the project to keep progressing and no one wants to add more time to this to delay it further. However, not being ready for Spork 15 by March 8 was always a possibility, and at this point it is the most likely scenario we are in. If DIP3 had activated a bit sooner this wouldn't be a big deal. We got very unlucky the with activation/voting schedule. Just because we got unlucky though doesn't mean we should neglect a large chunk of MN owners. During a normal update users have a much longer time to take action. This registration is a larger lift for users than a regular upgrade, and we've given them almost no time to do these changes. The fact that we're at 60% already is impressive, and I attribute that to the mad panic around this March 8th deadline and the misinformation that was spread about the payment queue.
I think the conditions for activation are spot on. The progress % can be seen as a pain right now when trying to get everyone registered within a few days, but longer upgrades/registrations will be able to be switched over at a much more reasonable time. This takes the subjective aspect away from devs and gives a trustworthy and quantifiable way to back up a decision. No one can be mad at math!
I think the conditions for activation are spot on. The progress % can be seen as a pain right now when trying to get everyone registered within a few days, but longer upgrades/registrations will be able to be switched over at a much more reasonable time. This takes the subjective aspect away from devs and gives a trustworthy and quantifiable way to back up a decision. No one can be mad at math!
qwizzie
Well-known member
I just hope this "registration in the last 24 hours" condition does not backfire again next month, which could happen if we get another rush of masternodes registering at the last day and we stay below 80%.
(thats what i mean with overcomplicating the conditions of activation, one delay i can live with, two delays would undermine the trust of the community).
I attribute it to several official requests to update as soon as possible.
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