Delay in mainnet launch, testnet reset, new economy

in #gaming23 days ago

First of all we would like to start with a heartful thank to this article, we managed to fill our 1M DTC token sale a couple of weeks ago.

As we get closer and closer to the Dtube Mainnet Launch , we have been trying to ease user experience for new users. As Dtube continues to grow, this will continue to be an essential part of our success. After looking at our short-term and long-term expansion plans, we decided to delay the mainnet launch. We originally announced it as first of July. The reason behind it same as before we want to test more and improve UI further, however we are terrible with timelines and we are sorry for that, therefore we won't give any date this time and make an announcement a week before launch, but we can at least assure our community that its not going to be a long wait. Imminent launch of Dtube Mainnet may be taking up a lot of the limelight, as you’ll soon discover the Dtube team doesn't want to skip a beat when it comes to the release of the mainnet.

This article has a bit of everything, testnet reset, economical changes, blockchain core changes
These foundational changes will not only make Dtube/Avalon better but it will also make everything easier in the future and prevent potential problems, soon we will reset the testnet for a final and short extra testing period.

Testnet reset

The testnet will be patched as soon as possible and we will give additional and more detailed information about changes , but here is what you should expect.

Economy

The previous economy experiment was a limited success. Some concepts like infinite monetization and the full-liquid system are working good.

The main issue is the fact that most users do not understand how coins get printed, the DTC result of the votes seems random. A few voting-rings that understand the mechanism have been self-upvoting with multiple accounts and syphoning the testnet reward pool

New economy enables people to take away rewards from others with downvote. A vote reward is only claimable after 7 days, and will stop generating rewards after that.

We are also slowing down the inflation to match something similar to what we want main-net to be, close to 1 DTC / active user / day.

Reset of all votes

In order to update the economy and avoid confusion, we have to reset all votes on contents. This means all videos are now again at 0 votes and 0 DTC distributed.

P2P

The peer-to-peer layer that helps avalon nodes talk to each other has been improved, which should avoid the issue with nodes forking and starting to mine on their own, requiring a replay of the data.

It's also now safe to hide your block producing node behind a peer node, if you want to produce blocks without compromising your IP address.

Claim Rewards

You will be able to claim rewards on your votes, which will add the money directly to your DTC balance. Go to My Channel -> Rewards to claim your rewards.

Leader rewards

Elected leaders who produce blocks will now earn rewards.

Delay Again ?!

We are deeply sorry for the incovenience, However everything we are doing is for giving our users a better final product and good things require time.

Previous Articles on Dtube Blog

DTC Launch Rescheduled
Dtube Airdrop is Coming
Dtube's Upload gets Upgraded

Need support?

For support from the team and the community, please comment this post or go to our:

If you have lost your private keys, please read this article.

The DTube team
https://d.tube

Sort:  

VERRYYYYY DISAPPOINTING!!!

.... This is very becoming the norm. It's going to be hard to take anything you say seriously for now. We've really been hyping this event and now we have to tell ppl it's not happening, AGAIN!
Not Cool at all!

I Understand it's important to do everything you said in your post, but you shouldn't have given us a date if you weren't certain this was going to happen.

We are sorry to disappoint our community , but I can assure you its going to be a short delay and we work harder to not to do same mistake again.

I am happy with being patient. It’s so easy for people to say what a project team should be doing, but you have my support and patience dtube team! 👍

we understand, please take your time to get this right ... the wait is worth it if this is going to really rival youtube...keep it going guys

OMG !

reeeeeeeseeeeeeet ! T.T

@dtube, Looks like you are having a rough journey team. Hopefully in near future everything will workout effectively and productively.

Good wishes from my side and stay blessed always.

Coin Marketplace

STEEM 0.20
TRX 0.02
BTC 9119.88
ETH 233.05
USDT 1.00
SBD 0.98