The update guide of Lambda storage miner system

Lambda
Lambda
Aug 16, 2019 · 8 min read

Part1.Lambda miners pledge on the chain

1.Open the page of validator.lambdastorage.comand register your account

Description:

  • If you have filled out the miner’s application form before, please use the previous-mail address. If you have not applied, please use the new e-mail address.
  • Your Ethereum wallet address filled in the system, which is very important. You need to use this address to complete the pledge and to complete bonus withdrawal. Please be sure to fill it out carefully.

2. Please carefully select the node mining pool you want to join before pledge. The node mining pool will be responsible for guiding your subsequent mining process. At present, the testing pledge does not support individual miners to participate in the test, and they must join a certain mining pool.

3. Click to join the mining pool

After selecting the node mining pool, the“Join Mining Pool” form will pop-up. Please fill out the information regarding the pledge on the form.

Here is the “Join Mining Pool” pop-up window form.

First of all, fill the certain amount of pledge data storage space and LAMB to transfer to the Lambda official storage pledge address (0x2274E64274889Afc9A2EE8c838468178F3Ef7705) via the Ethereum wallet address bound to the registered account based on the pledge space.

  • Current data storage pledge ratio is 1000 LAMB/TB
  • Please use the independent Ethereum address registered in the account, do not use the exchange’s wallet address.
  • Please transfer exact quantity of LAMB for pledge indicated by the system, otherwise the pledge will fail.

First of all, fill a certain amount of pledge data storage space and LAMB to transfer to the Lambda official storage pledge address (0x2274E64274889Afc9A2EE8c838468178F3Ef7705) via the Ethereum wallet address bound to the registered account based on the pledge space.

  • Current data storage pledge ratio is 1000 LAMB/TB
  • Please use the independent Ethereum address registered in the account, do not use the exchange’s wallet address.
  • Please transfer the exact quantity of LAMB for pledge indicated by the system, otherwise, the pledge will fail.
  • Lambda official storage pledge address: 0x2274E64274889Afc9A2EE8c838468178F3Ef7705

After the transfer is completed, you will get a transaction hash (Trading ID) on the wallet’s transfer page and fill this trading ID into the “Trading ID” form.

Finally, please ensure all information are correct after the transfer, please click submit button to upload the form for pledge confirmation and the system will confirm your pledge in real-time (It is recommended that you submit the form after the pledge transfer is completed and then use etherscan.iofor transfer status inquiry).

Since the current LAMBS token information is not entered in the wallet if the LAMBS token is not found in the wallet, please log in the Bitmax, HCoin, BISS exchanges to purchase LAMBS. After the purchase, you can withdraw the LAMBS token in the Ethereum wallet for the pledge (recommended to use Imtokenwallet).

4. View the result of the pledge

Click the page of “Mining Pool Details” as the node pool you joined to view your pledge status:

  • If it is “Confirmed”, it means that the pledge has been successful and your reward range will be displayed.
  • If your pledge crosses multiple reward ranges, it will split into multiple reward ranges which will be displayed based on actual conditions.

Part 2. The operation process of token balance on Lambda Miner System to Pledge

1. Open the page validator.lambdastorage.comand log in to the account.

2. The Pledge operation:

Open my homepage and there are four buttons under “Current Balance”. Please click the “Pledge” button.

3. After clicking the button of “Pledge”, a pop-up window will appear, please fill the information on the pop-up window

● The current pledge rate is 1000 LAMBS/T.

● Make sure that there is a full amount of LAMBS in the account for the pledge. After the information is filled out, click Submit.

● LAMBS token can top-up.

4. View the pledge history

Click the “Submit” button. After the successful pledge, check the pledge history at the “Total Pledge” below.

Part3. The guide of usingLAMBS ERC20 token to pledge

  • Go to my homepage and click on the pledge button to select “Pledged by LAMBS ERC20. The method is the same as the first part, please refer to the above.

Part4. Lambda Miner System Balance Transaction Operation Process

1. Open the page validator.lambdastorage.comand click the login button at the top right to log in.

2. Start your trading:

Go to my homepage and click on the Trading button under “Current Balance” to trade, currently support trading tokens and LAMBS. When confirming the offline transaction, please make sure that the funds are safe and complete the online transfer.

After clicking the transaction button, the transaction popup window appears and the information is filled in as shown.

● When filling in the account, be sure to confirm that the email address is already registered in the system, not the wallet or the exchange address;

● During the use of the balance transaction, it is necessary to confirm that the same amount of money has been received from the corresponding LAMB transaction. The trading system only provides trading channels, unsecured offline, transfer errors in any transaction, loss of funds, etc. Lambda official is not obligated to provide Asset recovery service, please be sure to double confirm and control risks;

● After the mainnet launched, the LAMB you trade will be directly mapped to the other party’s account on the mainnet and can be traded on the exchange.

Part5.Check reward on Lambda Miner System

1. Reward Check

Log in to your account and view your reward history in the “Reward Details”

● The current Reward is calculated and distributed daily. For example, if you pledge today, the reward will be calculated and distributed tomorrow, and it will be distributed no later than 22:00~23:30 in Beijing timezone (the specific time will be slightly different from the actual time)

Part6.Lambda reward coins and LAMBS withdrawals

1. Open the page validator.lambdastorage.comand click the login button at the top right to log in.

2. The reward coin withdrawal function has been launched.

The withdrawal function is launched now. After logging in to the pledge system, the user clicks on the homepage at the top right and clicks the cashout button to withdraw the token according to the corresponding amount. After the withdrawal request is received within one to two working days, please go to the pledge system. View reward records in the Ethereum wallet address.

● Since the withdrawal amount is affected by the balance of the reward coins in the account, please make sure that the amount of the reward coins in the account is sufficient to offset the amount of the proceeds distributed on the day. If the amount is insufficient, the withdrawal amount on the day is “0”, and the reward coins arenot enough. In the case, the withdrawal amount is displayed after the condition is sufficient.

●Due to the withdrawal of the corresponding reward coins, please ensure that the reward coins meet the amount mentioned in the withdrawal process, otherwise, the withdrawal amount is “0”;

●If there is no pledge space in the account and no nodes have been added, the system does not support cash withdrawal, and the withdrawal amount is “0”.

3. LAMBS Withdrawal

The LAMBS cash withdrawal function is available now. Users can click the cash withdrawal button at the bottom of my homepage to select LAMBS to withdraw cash, according to the available withdrawal amount. After the withdrawal request is received within 1–2 working days, please go to the pledge system. View reward records in the Ethereum wallet address.

4.Lambda reward coins Swapping

Reward coins swapto LAMBS:

● Click on the redemption button below the mining pool to redeem.

● The exchange rate between miners’ reward coins and private placements and LAMBS is 5:1, that is 5 reward coins are exchanged for one LAMBS.

●Reward coins swap toLAMBS, It should be noted that after the redemption of the reward coins, the credit amount will be “0” due to insufficient credits in the account, and the proceeds will not be issued on the same day. Please ensure that there is sufficient credit in the account before redemption. The reward coins can be deducted from the proceeds issued on the day, otherwise,the proceeds will not be paid.

Part.7 Lambda pledge space transfer

The current transfer function is divided into two types. The first one is a single transfer pledge space (transfer pledge space), and the second is an arbitrary amount transfer pledge space (split transfer).

1. Transfer to pledge space

  • Open the page validator.lambdastorage.comand click the login button at the top right to log in.
  • Enter my homepage, click the button “transfer pledge space”, fill in the recipient.

Account (transfer target) and select the space that needs to be transferred. After the information is completed, it can be transferred. At present, this function only supports the transfer within the same node once.

2. Split transfer

Different from the previous function, this function allows users to transfer any amount of space, and can split a large space into a small amount of space for transfer.

Click the button “split space”, select a pledge ID to split, and enter the amount of space to be transferred (For example A and B trade for 10TB space. At present, the pledge space in the A account does not meet the 10TB condition. At this time, you can use the split space function, select one of them, input the 10TB space to be transferred, and transfer the remaining space after the transfer. It remains in this account).


Official links:

🔹Github: https://github.com/LambdaIM/
🔹Official website: www.lambdastorage.com
🔹Twitter: https://twitter.com/Lambdaim
🔹White Paper: http://www.lambda.im/doc/Lambda-WhitePaper-en.pdf

Join us on

🇬🇧English: @hellolambda
🇨🇳Chinese: @lambdachina
🇰🇷Korean1: @LambdaKoreanOfficial
🇰🇷Korean2: https://open.kakao.com/o/g8OCoIcb

🇹🇷 Turkish: https://t.me/lambdaturkey

Lambdaofficial

Lambda is a secure, reliable, and infinitely scalable decentralized storage network that enables data storage, data integrity check, security verification, and marketplace for storage-related services on the Lambda Chain Consensus Network.

Lambda

Written by

Lambda

Lambda is a fast, secure and scalable blockchain infrastructure project. A disruptor in blockchain-base storage solution.

Lambdaofficial

Lambda is a secure, reliable, and infinitely scalable decentralized storage network that enables data storage, data integrity check, security verification, and marketplace for storage-related services on the Lambda Chain Consensus Network.

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