logo bfx

6. bfx

Address: cT6Mi5r2qz3GSNkGFjunfM8DLdE9duxRGx
Shares rewards: 60%
Payout interval: Daily (every 24H)
Relay nodes: 0

Shares rewards
Payout
60%
Contributes
Votes
13,383,153
Forged blocks
57,805

Introduce yourself, speak to your audience!

Validator: BFX (60% reward share)

I have been involved in crypto for half a decade, and run validators/delegates for several decentralized projects, mainnet as well as testnet. In the specific case for BIND, I am actively supporting both mainnet and testnet. My nodes are reliable with high uptime and decent reward share.

I have already released several contributions to the Compendia ecosystem. Latest is being the co-founder of the Compendia Community Fund, which is aimed at helping the Compendia ecosystem transition into a rich environment where community and validators alike can easily get funding for their projects. Before this, I co-created Awesome Compendia, a full and comprehensive list of everything Compendia-related. It alsos feature the Awesome Compendia Blog, in which topics of interest to the Compendia ecosystem will be discussed. The first article is about vote/stake dilution. We have recently released our second article, in which we discuss staking and vote power in Compendia and how it differs from other (D)PoS networks. All Awesome Compendia items are a combined effort of myself and cryptomaniac. Besides that, I've also released a simple but efficient spreadsheet that can be used to compare daily earnings between validators. Curating database(s) will be another of my efforts once available on mainnet. If you scroll down, you'll find more information about my contributions.

Block reward shares will be paid daily (every 24 hours) through TBW-script, starting from the moment block rewards kick in. The share percentage will be reviewed to ensure it is both competitive and attractive to voters. You can calculate your personal daily rewards here.

You can vote for free by DMing me on Telegram and providing proof of your vote; I will refund your voting fee! Also available if you staked your entire balance and have no BIND left to vote for me.


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๐Ÿ“„ Contributions: Compendia Community Fund

โœ๏ธ Brought to you by

Validators bfx & cryptomaniac have written a proposal for the Compendia Community Fund.

๐Ÿงฎ Community Fund?

The Compendia Community Fund (CCF) is a fund that is run by the Compendia community members. It can be seen as supplemental to the core development of the Compendia ecosystem and shall support the ideas and projects of community members to help promote the advancement of the wider Ecosystem.

๐ŸŸข Two main purposes

First, is to provide a possibility to those Compendia community members that would like to support the Ecosystem with contributions of BIND tokens for community purposes. Funds will be held in a multi-signature address using the ARK desktop wallet feature.

Second, to provide a place for community developers to request funding, for projects to develop tools, software or hardware which helps to improve, support and add value to the ecosystem.

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๐Ÿ“„ Contributions: Awesome Compendia is here!

โœ๏ธ Brought to you by

Validators bfx & cryptomaniac bring you Awesome Compendia on GitHub.

๐Ÿ’ช Awesome?

For those unfamiliar with awesome lists, those lists classified as 'awesome' generally feature a comprehensive and complete overview of all a projects assets - meaning it is is the place to be for everything Compendia- & BIND-related. We will be curating this list of awesome Compendia websites, resources, documentation, tools, software, validator & community efforts whilst enabling you, the community, to participate in it as well.

๐ŸŸข Everything Compendia

Currently, the Awesome Compendia repository features a comprehensive list of Compendia resources, documentation, API documentation and validator Tools. We have tried to get as many links of publicly available resources into our list for this full release. We will be keeping it up-to-date whilst more is released to the community from either the team, the validators or the community. That way we will ensure that Awesome Compendia is thรฉ publicly available page with everything Compendia!

๐Ÿ–ฅ Platform

We have chosen GitHub as platform as its features allow for a streamlined and simple process where you can contribute to the list through submitting pull requests for additions or changes, and issues for information that is no longer up-to-date. The full list will likely be published on a website as well using markdown, but for now is immediately available on GitHub.

๐Ÿ”จ I want to contribute!

If you happen to know of a website, tool, resource or otherwise Compendia- / BIND-related project that is not on the list, you can easily add it by submitting a pull request. Please check out our contribution guidelines here and pull request template.

โ–ถ๏ธ Continuing our work

Thank you for your time, and if you like Awesome Compendia, please consider voting for bfx or cryptomaniac - as it will allow us to keep working on this! We will also share 60% of block rewards (daily, i.e. every 24 hours).

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๐Ÿงฎ Contributions: Personal daily reward calculator.

You can use this calculator to estimate your daily payouts from my reward share.

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๐Ÿ“„ Contributions: Awesome Compendia Blog article 2: Staking.

The second article in our series covers the subject of staking, and helps to clear up some common misconceptions. It goes on the explain the inflationary and deflationary aspects of DPoS as a whole and specifically what the Compendia team has done to combat it.

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๐Ÿ“„ Contributions: Awesome Compendia Blog article 1: Voter & staking dilution.

To help voters understand the factors that affect their rewards, we've written an article talking about vote dilution. We've provided some model calcs and some examples of what can cause differences in voter reward. It also includes the different type of validators and links to the Validator created Reward calculators. Also we appreciate that not all voters want the highest rewards, and are happy to support a validator that contributes to the ecosystem.

========

๐Ÿ‘จโ€๐Ÿ’ป Contributions: database curation

Curating database(s) will be another of my efforts once available on mainnet.

========

๐Ÿงฎ Contributions: reward comparison spreadsheet

My first contribution was a reward comparison spreadsheet. You can use it to compare daily earnings between validators. At time of release, there were no others available. I figured it would be good to have a way of comparing different validators on reward sharing based on the number of votes they have, since voter dilution can really make a huge difference - actual payouts are not just about a high percentage sharing rate by validator, but way more affected by the total amount of votes one has. The example shows it can be 4x as profitable to vote for a lower ranked validator, if not more.

AllGeneralContributionsProposal updates

Compendia Community Fund

Created on: 24-1-2021 09:02:45

๐Ÿ“„ Contributions: Compendia Community Fund

โœ๏ธ Brought to you by

Validators bfx cryptomaniac have written a proposal for the Compendia Community Fund.

๐Ÿงฎ Community Fund?

The Compendia Community Fund (CCF) is a fund that is run by the Compendia community members. It can be seen as supplemental to the core development of the Compendia ecosystem and shall support the ideas and projects of community members to help promote the advancement of the wider Ecosystem.

๐ŸŸข Two main purposes

First, is to provide a possibility to those Compendia community members that would like to support the Ecosystem with contributions of BIND tokens for community purposes. Funds will be held in a multi-signature address using the ARK desktop wallet feature.

Second, to provide a place for community developers to request funding, for projects to develop tools, software or hardware which helps to improve, support and add value to the ecosystem.

category: Contribution

Awesome Compendia Blog - Vote and staking dilution

Created on: 31-8-2020 12:38:18
Contributions: Awesome Compendia Blog article 1: Voter & staking dilution.

To help voters understand the factors that affect their rewards, we've written an article talking about vote dilution.  We've provided some model calcs and some examples of what can cause differences in voter reward.  It also includes the different type of validators and links to the Validator created Reward calculators.  Also we appreciate that not all voters want the highest rewards, and are happy to support a validator that contributes to the ecosystem. 

Link: https://github.com/Bx64/Awesome-Compendia/blob/master/awesome-blog/Voter-&-staking-reward-dilution.md
category: Contribution

Awesome Compendia - first release is here!

Created on: 28-8-2020 09:03:33
๐Ÿ“„ Awesome Compendia is here!

โœ๏ธ Brought to you by
Validators bfx & cryptomaniac bring you Awesome Compendia on GitHub: https://github.com/Bx64/Awesome-Compendia

๐Ÿ’ช Awesome?
For those unfamiliar with awesome lists, those lists classified as 'awesome' generally feature a comprehensive and complete overview of all a projects assets - meaning it is is the place to be for everything Compendia- & BIND-related. We will be curating this list of awesome Compendia websites, resources, documentation, tools, software, validator & community efforts whilst enabling you, the community, to participate in it, as well.

๐ŸŸข Everything Compendia
Currently, the Awesome Compendia repository features a comprehensive list of Compendia resources, documentation, API documentation and validator Tools. We have tried to get as many links of publicly available resources into our list for this full release. We will be keeping it up-to-date whilst more is released to the community from either the team, the validators or the community. That way we will ensure that Awesome Compendia is thรฉ publicly available page with everything Compendia!

๐Ÿ–ฅ Platform
We have chosen GitHub as platform as its features allow for a streamlined and simple process where you can contribute to the list through submitting pull requests for additions or changes, and issues for information that is no longer up-to-date. The full list will likely be published on a website as well using markdown, but for now is immediately available on GitHub.

๐Ÿ”จ I want to contribute!
If you happen to know of a website, tool, resource or otherwise Compendia- / BIND-related project that is not on the list, you can easily add it by submitting a pull request. Please check out our contribution guidelines here: https://github.com/Bx64/Awesome-Compendia/blob/master/CONTRIBUTING.md
And our pull request template here: https://github.com/Bx64/Awesome-Compendia/blob/master/.github/PULL_REQUEST_TEMPLATE.md

โ–ถ๏ธ Continuing our work
Thank you for your time, and if you like Awesome Compendia, please consider voting for bfx or cryptomaniac - as it will allow us to keep working on this! We will also share 60% of block rewards (daily, i.e. every 24 hours).
category: Contribution

BIND daily reward calculator spreadsheet

Created on: 28-8-2020 09:29:48
๐Ÿงฎ Contributions: reward calculator

Hello everyone, validator bfx here bringing you a simple but efficient tool.

โ“ Vote dilution?
Considering what validator to vote for can be difficult when comparing contributions, and estimating what you will earn from their share percentage can be even harder. Due to vote dilution, most of the times it is more profitable to vote for a validator who has fewer votes and shares less, than to vote for a validator who has a lot of votes and also shares a high percentage. 

โ—๏ธ Insight into payout profitability
To make this somewhat insightful, I've made this spreadsheet. If you want to use it to compare between two validators, you can make a copy and edit the data in the yellow cells.

๐Ÿ…ฐ๏ธ/๐Ÿ…ฑ๏ธ?
For now, I have made a comparison between two virtual validators, based on actual current vote numbers and some assumptions.
(1) Validator A has 4,347,451
(2) Validator B has 539,650 votes and shares 60%
(3) You have 100,000 vote power.
As you can see, you will earn four times as much voting for the validator B who shares 60%. You'll even still earn 1.5x as much if validator A is in top 5 and validator B is not.

๐Ÿ“ƒ Copy and compare for yourself!
You can make a copy and compare your possible earnings if you want. The calculator can be viewed and copied from Google Sheets.
category: Contribution

Validator proposal

Created on: 28-8-2020 09:05:17
๐Ÿ‘‹ Validator bfx is looking for votes!

Hello all, I will be contributing to the BIND project, and different contributions will depend on what the community values as additions. 

๐Ÿ“„ Contributions: Awesome Compendia
Together with validator cryptomaniac, I have created a list of all Compendia-related resources, websites, tools, validator- & community-efforts. The list will be curated & maintained on GitHub to allow for easy contibutions (be it additions, revisions or updates) from inside the Compendia community through raising pull requests and issues. It's currently THE place to find everything Compendia-/BIND-related, and we aim to maintain and update it as more tools, websites, resources et cetera released by the team, validators and community members. Link: https://github.com/Bx64/awesome-compendia

๐Ÿ‘จโ€๐Ÿ’ป Contributions: database curation
Curating database(s) will be another of my efforts once available on mainnet.

๐Ÿงฎ Contributions: reward calculator
My first contribution was a reward calculator spreadsheet: https://bit.ly/3iYOOAG. You can use it to compare daily earnings between validators. At time of release, there were no others available. I figured it would be good to have a way of comparing different validators on reward sharing based on the number of votes they have, since voter dilution can really make a huge difference - actual payouts are not just about a high percentage sharing rate by validator, but way more affected by the total amount of votes one has. The example shows it can be 4x as profitable to vote for a lower ranked validator, if not more.

๐Ÿ™ƒ Short bio
I have been active in the cryptospace for half a decade and have been involved in several decentralized projects, ranging from mining and staking at the start to running nodes and delegates after. At it's top I was running and maintaining several dozen servers at a daily basis. Currently, I run reliable nodes on both mainnet and testnet for several projects with a decent reward share and would appreciate your vote. 

๐Ÿ’ถ Vote fee refund
If you have already staked your balance and now can't vote, or just wish to vote for free, DM me proof of your vote and I'll refund your 1 BIND vote fee. Multiple voters have been repaid already! 

๐Ÿ† Reward share
Reward share start immediately after the block rewards start. Payout will be done every 24 hours through TBW-script. The share rate will be reviewed to remain both competitive and attractive to voters, currently is set at 60%!
category: Proposal-update

Compendia validators contact.

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