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ghostfaceuk

Address: AKBUegoaAoSq3bepmXmzUL7XeEt6ScVM98

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Rank

30

Contributes

Voters

420 (420 )

Vote weight

1,469,799Ѧ

Forging

Shares rewards

Payout

85%

Payout min

0Ѧ

Payout max

0Ѧ

Payout interval

168h

ProposalContributionsNews

HI,

My name is ghostfaceuk and I am 37 years old from the UK.

I would love if you guys could vote for me to become a delegate, my node will be called ghostfaceuk

For the last 10 years I have been and currently still am full time carer for my father, before this I was call centre operative for a good few years.

My interests include films, music and enjoying what free time I can get. I’m currently looking at attempting to learn linux and very basic python.

I am relatively new to the world of crypto only starting to get involved within the last 6 months or so. Currently running a single mining rig with a R9 280 and RX 470 4GB.

My skills

I have built and maintained computers for over 15 years.

I have been involved in the running and testing of the Ark testnet from practically the beginning and am part of the group recently dubbed the Magnificent 7 who have all been here and helped since practically the start.

My proposal

I would like to set up a node in a profit sharing capacity. I know there are those out there like me that for whatever reason could not afford to buy many ARK or for whatever reason chose not to during the TEC and I offering to run a pool to help increase your holdings.

I will also be putting part of each months forging into a separate wallet available to be given out to help fund peoples ideas of how to promote/use Ark.

10% will be kept by myself to cover costs etc 90% will be shared between those whose have be generous enough to give their votes to set up the node.

The payments will be made to those who support the proposal weekly and at random times per day to avoid people vote hopping for maximum payouts. All payments will be based up the amount of votes provided by each voter, obviously those who give the most votes will get more of the payout. This will be automatically calculated and paid using a program provided by another long term Ark contributor and fellow member of the Magnificent 7: - Toons.

just a quick update to explain how my payment system works.

Payments will made to voters weekly at random times to avoid pool payment jumpers. the payments will be made via a automated system created by python maestro and fellow member of the Magnificent 7 group (ghostfaceuk, jamiec79, dafty, bcboilermaker, toons, sidzero and michaelthecryptoguy) toons.

the payments have a ceiling cap of 25% meaning no one pool member can receive more than a quarter of the share of that days payments thus enabling a more fair and even distribution between all the voters.

Pool hoppers detected will be blacklisted from any future payments (this includes any future addresses they try to use I pick up on).

You can use this calculator created by dafty to see what kind of return your vote will give you from my pool https://docs.google.com/spreadsheets/d/1FGo3FkC3uSWXGHatPQyny2brMWjAIJsHFCR-Lhkl_m0/edit#gid=0

VOTE FIDELITYIS NOW IN USE

VOTE-FIDELITY A fidelity factor is implemented for voters. It is based on time vote is maintained during the last day. A vote that lasts a full day has a factor of 1, a vote that is active for one hour when payment is made gets a factor of 1/24. Vote has to be active when payment is triggered.

This is to ensure no one can join the pool, grab a large payout and then move their votes to another pool enabling me to reward the loyal long term supporters more an will hopefully eliminate pool payment whores from attempting this tactic.

True vote weight is now in use

I am now making payments once a week and using seven day true vote weight fidelity.

Another tool is now in use on my node to stop pool jumpers. True vote weight allows the payment script to look back over the fidelity period and calculate payments based on actual vote weight across the whole of the period. this stops someone moving for example 50k ark to a wallet voting for the pool getting full payment and then moving it to another pool.

True vote will only pay them for the period the ark is voting for my pool

Contact

I may not be able to get back to you straight away due to my real life commitment but I will answer you as soon as I can

Email - [email protected] Slack - @ghostfaceuk

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