Bitcoin Forum

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[td][size=20pt][font=OCR-A BT][url=https://coloredchain.com][b][color=#de1c4e]C[/color][color=#0086c8]o[/color][color=#d0be2a]l[/color][color=#0086c8]o[/color][color=#2fbcb3]r[/color][color=#f19339]e[/color][color=#6cbf70]d[/color][color=#f19339]Chain[/color][/b][/url][/font][/size][/td]
[td][size=7pt][font=arial]    A Colorful [color=#0086c8]Blockchain Applications Framework [/color]with PPoS,Sidechain,DApps Framework,Trim...
    [b][url=https://bitcointalk.org/index.php?topic=1433220.0][color=#de1c4e]BitcoinTalk[/color][/url] | [url=https://blog.coloredchain.com/][color=#de1c4e]Blog[/color][/url] | [url=https://coloredchain.com/][color=#de1c4e]Website[/color][/url] | [url=https://twitter.com/coloredchain][color=#de1c4e]Twitter[/color][/url] | [url=https://www.facebook.com/coloredchain][color=#de1c4e]Facebook[/color][/url][/b] - Make Blockchain ecosystem more colorful ![/font][/size][/td]
[/tr][/table]

Reserved.

Will there be an escrow? Also will any code be released soon?

Doesn't look like any escrow is used.

ColoredChain is pretty  similar to LISK,any reasons? ??? ???

interesting, I will follow..

Very similar clone ???

Name:   ColoredChain
Posts:   2
Activity:   1
Position:   Newbie
Date Registered:   March 23, 2016, 09:34:01 AM
Last Active:   Today at 02:21:04 AM

 ;D ;D ;D

I am pretty sure this is a scamcoin,be alert!!!!!!!

Do not send anything to these addresses unless there is an escrow and then I would be wary. Most of this stuff is garbled and doesn't make sense.

why all ICO nowdays total supply always 100M coins with 13M-15M for develover  ::) ::) ::)

They learn from LISK. ;D

Fully different.
Lisk used DPoS.Hmm,I would rather not named it decentralized consensus.
If you interested,you can look into what's DPoS.

Whereas,ColoredChain use Native Virtual Proof of Work but without special mining equipment.

I never trust a newie who regiested olny 2 weeks ago.

Proof of work uses mining equipment, how will you do proof of work with no mining equipment?

Be alert!

What is different between your ColoredChain and Waves ICO? You copied almost everything off them.

https://bitcointalk.org/index.php?topic=1387944.0

- 5k BTC
- no escrow
- are you anon?
- smells extremely fishy :-\

It's just for defining the total amount,either 100M or 1Billion is okay. :)
We need support more apps,and 13~15M hold by community will be used for supporting apps of third-parties.

colored scam.
lets rename this as forkscamcoin.

even the lisk is under a BIG RED FLAG...

Stake is the power to secure network.You can see detailed info on whitepaper (https://www.docdroid.net/7aExkT2/whitepaper.pdf.html).

Have a glance on WAVES,seems it is much like a asset exchange platform.

ColoredChain aims for DApps framework,will include many applications,colored token is just one of them.

I have to be at this stage.
I did not want a 7 years jail. ;)

I set OP not moderated,I know you guys will open a new thread for fuds anyway with moderated thread.
Will never reply fuds,leave fuds here.

No worry,will transfer to forum of coloredchain soon.

Interesting idea and coin.
Can I send from a multisignature wallet?

Within a m of n multisignature wallet,so if you have at least m keys,YES.

hmm, not realy know what to think about this, waiting for more info.

Added Romanian and Chinese OP.
Thanks ltcrstrbrt and alicex.

Sure,more info will release soon.

Waiting for more info.

Can you reveal some info of your team?

I would also like to know if they have real identity. LinkedIn, Facebook or other social media accounts currently active.

Completely a clone of LISK.

No,fully different.

Lisk use DPoS with X% interest every year.DPoS means 101 servers.

ColoredChain use Powered Proof of Stake,no delegated Server,no inflation,fully decentralized.

ColoredChain provide a DECENTRALIZED Apps framework,and provide a DECENTRALIZED solution to solve blockchain float.
Details see whitepaper (https://www.docdroid.net/7aExkT2/whitepaper.pdf.html).

so many ico project  :)

 as their said : DAPP, SideChain, VM  etc ...

my btc cannot wait this . Come on

who are you ? dev you should clarify you id and photo on the POST

dont worry ,just wait for more information coming soon.

Mainchain and sidechain architecture is the best choice now for any dapps platform,but still need trim/prune to solve the float problem,or database will be XX~XXXGB level quickly.
VM is just a environment.

translate Indonesia  :) https://bitcointalk.org/index.php?topic=1434863.new#new

傻逼

Thanks for translation.
I am not familiar with Indonesia,but seems the format and some hyperlinks are lost in your translation.
Could you help to improve it? After that,I will add to OP.

SB

骗子也不好好做点准备。

shame on this outright scam

ok ,thread to be repaired

The testnet most likely be alive soon.

good，after testnet alive , id like to be the first user to test it.

keep going man

PPOS much like POS of NXT?

actually we need to keep slient before release test client. please wait

I'd rather say a bit.
PoS of NXT is working,but not 'elegant',it adopted dynamic checkpoints to prevent 'Nothing at Stake' problem,something like roll back up to 720 confirms.

ColoreChain will include a counterparty economic disincentive to solve N@S on every block.
Another,target and difficulty adjust of ColoredChain is also different with NXT.

As a whole,both are native PoS,but details are much different.

Detailed differences?

Be alert with this SCAMCOIN!!!!!!!!

add is

Copy paste and newbie, thanks, but no thanks.

For NXT,


For CC,

Thanks,added into list.

Thanks for reply.
Another question,how do you realize trim?

CC adopt masterchain and sidechain architecture.All dapps will be deployed on sidechains.

All transactions on sidechains will be trimed periodically(every 120 blocks),and only save the hash of snapshot on blockchain(materchain).

The snapshot just record the status of current sidechains without history transactions.And all nodes are updated,so they can generate such a hash themselves.

Before trim,all materchain nodes need check all current transactions and hash of history snapshot are valid,then such a trim will be implemented.

New nodes need to download and check the all hashes of snapshot when downloading blockchain data,and will be much faster overall,maybe in several minutes.

Masterchain can not be trimmed for securing network.

Since I invest in people the only question matters is who are you devs?

who are you ? dev you should clarify you id and photo on the POST

Is Hindi language (Indian language) translation bounty available?

We have to admit that the initial supply is defined randomly.

Important Updates
The initial total supply will be changed from current 100 million to 64,570,081 to conform with Number.MAX_SAFE_INTEGER (https://developer.mozilla.org/en-US/docs/Web/JavaScript/Reference/Global_Objects/Number/MAX_SAFE_INTEGER).
With this change,there will be no more conversions needed from machine side of IOT area,decrease the burden,and will interactive well with machine built in JavaScript and framework,such as node.js .

Others properties same as before.

OP will be updated soon.

cool scam bro. looks just like waves.  ::)

Yes,still available,reply here when you complete it.
Will be updated into OP.
Thanks for interest.

Waves is a colored token platform with fiat gateways,much like Ripple,and based on Scorex (https://github.com/ScorexProject/Scorex) of IOHK.

CC is a DApps framework,many applications can be created on sidechains,including colored tokens,decentralized storage,name,and so on.
See whitepaper here (https://www.docdroid.net/7aExkT2/whitepaper.pdf.html).

waiting for your testnet coming ,thanks for your hard work

Hindi language translation completed : https://bitcointalk.org/index.php?topic=1440591.0
Please update the OP.

Thanks 00lakhwinder00,updated.

what I care about is Dev team introduction

Scammer, Scammer, Scammer, important thing repeat 3 times!

How you know this is scamer.

why you don't think it is scam?

Tradução in portuguese.

https://bitcointalk.org/index.php?topic=1441856.0

Thanks!!!

signature added..thanks!!!!

Updated OP,thanks.

Added.
https://docs.google.com/spreadsheets/d/1xea-IaemF16Kbl8JcjbcS8ByD-f_0gKHFz7hjVFD0p0/edit?pref=2&pli=1#gid=365478591

another scam?

Wait and see

YES.
You can also see something from whitepaper (https://github.com/ColoredChain/whitepaper/blob/master/whitepaper.pdf) before we disclose updates.

NO.

what's the concept of PPoS?

hmm another one..  will be watching.

Same with DASH,XMR or NXT?

Thanks for interest.
Powered proof of Stake,short as PPoS.
It's a virtual Proof of Work,every stake in the system has power to calculate puzzle/difficulty,just like Proof of Work in Bitcoin,but no need special rigs,almost no cost for securing p2p network.
And the power is proportional to the amount of stakes,so this means the more stakes,the more power to mint the transaction fees.
Read more about it with whitepaper of CC (https://github.com/ColoredChain/whitepaper/blob/master/whitepaper.pdf).

Hmm,a bit.

Both the idea behind DASH and NXT are coinjoin or coinshuffle (https://bitcoin.stackexchange.com/questions/41875/what-is-the-difference-from-coinjoin-and-a-coinshuffle-transaction).
You can read details of coinshuffle here.
https://bitcointalk.org/index.php?topic=567625.0

Mixer of CC is running all the time with fixed input and output,let's say 1000 CC,anyone can join for mixing at any time,without waiting for others to join,and participants will receive the mixed tokens according to the preset time(block) of output.

The privacy feature of CC will not be implemented soon,at least not during the ICO period,this is a planned feature.

Another,as I know,the shuffle of NXT need to wait for other participants to join at the same time.This works only there are many users or participants.
If not,you need to open your node to wait until others would like to shuffle ,or the shuffle will fail.

Thanks for interest.

If what you are doing is illegal in your contry, maybe you could somehow find atrusted member of the bitcointalk-community and convince him_her to be the "face" of the whole thing? I know, it is much to ask, but maybe you already know someone?

Regaring the "clone/copy" posts: Expanse and Shift started as clones of Ethereum and they are doing fine. Having Lisk clones was going to happen at some point and I consider it a good thing.

Make sense.
We have shared some source to a professor for review
Good idea to find a trusted or tech guy from BCT community to stand for us like Nxt did.
Thanks for advice.

If anything copy/clone of CC,I'd rather say ColoredChain 'copy' the VM(virtual machine) idea of Ethereum,and the PoS idea of Nxt.

BTW,we can list CC on c-cex.io with paying some BTC or voting by users (https://c-cex.com/?id=vote).
So community can decide which to choose latter.

Who is the escrow?

CC as a ticker symbol is already taken:
https://bitcointalk.org/index.php?topic=1006415.0

Yep , we need different ticker symbol..

Is there any list to check status of participants of signature campaign, just joined ;)

Escrow?

Without any trusted escrow it would be really hard to get succeed, put escrow like Lisk and Waves it will make this project more attractive for big investors otherwise it smell fishy and looking like a scam project.

Agreed.

coloredchain.com was registered on March-23th, 2016, Dev BTT account was registered  from April 11th , only for extend his ICO for his coloredchain,his witepaper is so simple with only a little content introduce, no any useful information is worth ivester trust, no any valuable information can be traced , no any guarantee for investment risk. Only have a so simple website , it still maybe copied from wave .
we just meet a scamer from edoncoin, bittrex have discovered his fraud, and avoid invester's loss. If invest in coloredchain, no body can help invester after his scam was exposed.

Be careful on it, everybody.

Hmm,maybe we can consider CCC(ColoredChain Coin) or CCT(ColoredChain Token).

Thanks for interest,added into list.

WAVES website is a simple HTML/CSS/JS, CC website is PHP.

Will you use any kind of Escrow for ICO?

Yes.

Share some points from our side,
ICO is a way to distribute tokens rather than just for funding raise,especially for a PoS project.
ICO with escrow can assure more fund raise like LISK or WAVES did,and certainly will be over speculative,speculation is inevitable,but over speculation is really not helpful to the development of CC,even harmful.

Many PoS projects try to distribute tokens with different ways ,like NXT,IOTA,Ripple,Stellar,and so on,and all of them are successful.

We set a  max funding raise amounts to filter out over speculations,and without escrow to include real supporters and DApps enthusiasts as more as possible,build a real great community.

We hope all of you can read the whitepaper carefully before investing,it's important.

You can set maximum funding via Escrow as well. Just saying "Hey send us the coins to this BTC address and you will receive coins" sounds fishy and scammy (I'm not saying you are, but there should be some kind of security for potential investors) not to mention you are missing out on a lot of investments I doubt anyone serious would invest more than a few dollars worth of BTC. You should consider using an escrow even here via Bitcointalk if you don't want to use any kind of corporate escrow.

I like the project and would invest, but without Escrow it's a no go for me.

Dev please introduce your team.

Signature added.

Added.
Status of bounty (https://docs.google.com/spreadsheets/d/1xea-IaemF16Kbl8JcjbcS8ByD-f_0gKHFz7hjVFD0p0/edit?pref=2&pli=1#gid=365478591)

We(now three,maybe four soon) are all veteran members around crypto and bitcointalk community,and actively involved/founded some projects.

As ttookk suggested,we most likely will consider this way soon.

Not trying to create FUD here, what does ColoredChain have to do with this site?

https://www.google.com/search?q=site%3Aficor.net&ie=utf-8&oe=utf-8&aq=t

Can you at least show the profiles of the dev members on bitcointalk? But then again, it's your call.

CC have nothing business with it.

As ttookk suggested,we most likely will consider this way soon.

i'm waiting for this .

No escrow service , No "trust" information.

Most of this stuff is garbled and doesn't make sense.

Please provide the source.

i hope this is not scam, Dev when you are going to introduce your team.

All explaination from Dev is so weakness, he isn't  dare to open his identity  or show his team detail information , but is dare to accpet 5000BTC. Was any ICO over than 5000BTC anonymous? Bitshares? Maidsafecoin?Ethereum?Lisk? Wave?  They are all information transparency, and some use Escrow.
the only reason which can explain the colouredchain 's differrence, it is a scam just like edoncoin.

Don't worry,there will be a trusted member standing as 'face' of CC soon.

5000BTC is just a maximum limitation,not goal.

deoncoin is a scam with Bittrex as escrow,isn't it?
So,scam is scam,nothing with escrow or identity,but with project itself.
And in fact if investors look into the whitepaper/details of edoncoin carefully,they can fully avoid such  a 'disaster'.

Worth to invest or not?

Pls add me to signature company

show your real faces,not bitcointalk-accounts

As they are saying soon they will come in front. we can wait. but dont you think this is the right time.

Hmm,expecate more focus on project rather than the person behind it.
And we will disclose ourselves if the project get great success.

Yes.

so if the project fails, then that means the BTC will have been lost to an anonymous entity................come on, you've obviously gone through some effort setting all this up, at least try to be more convincing..........and by the way, the fact that there are numerous grammatical mistakes on your website is enough to convince me that this is not genuine.....................and before you come up with the fact that English is not your native language, the very fact that someone who is asking for 5000 BTC cannot be bothered to have someone proofread their website is enough to set alarm bells ringing........

Great success means massive adoption.
Project release can not be named success.

Obviously.

just quoting some text and providing just some words as answers is just plain ridiculous...................
I don't understand what you are trying to convey.......
How am I meant to give BTC to someone who can't string two coherent sentences together???
As someone said previously, all the info is garbled and gibberish....
Answer this:

WHY ARE YOU NOT USING ESCROW?

where r u come from?

https://medium.com/@icocountdown/coloredchain-warning-9a373fa8f7b2#.bj553vqrk

Coloredchain warning issued by http://icocountdown.com

@ ICOcountdown.com
Hey,you are trying to ad your service on CC thread,that's ok.

As I know,you list edoncoin on ICOcountdown.com for a long time,and delist it 1 day before it proved to be a scam. ;)

Dev I am still not convinced you are not affiliated with this site: https://www.google.com/search?q=site%3Aficor.net&ie=utf-8&oe=utf-8&aq=t

Why on earth would someone clone your site for no reason? What makes it so difficult to introduce your team? Why so hush-hush about it? If you want the money, you'd better come clean.

Attacking me isn't the best idea, the better idea is to answer legitimate questions.

Thanks again and no hate, I hope you prove me wrong.

Not attack,but just fact.

My facts still remain. Try to answer some of my research and facts.

Even though you list edoncoin on ICOcountdown.com for a long time,and delist it 1 day before it proved to be a scam.
I still respect your works,please stick to yours so-called research.

Another,I also read what you have discussed with elastic dev,this believed me that your works really are not RESEARCH.

I see you follow me on Medium too? I'm glad your a fan buddy  ;)

Yes,as you said ,for reputation. ;)
Suggest you look into CC twitter followers and following for your research.

Ok, I checked it out. Who's endorsing CC? Not sure what I'm supposed to be looking at here. I can't find any high profile developers backing it.

WHY NO ESCROW?

WHY NO ESCROW?

WHY NO ESCROW?

WHY NO ESCROW?

WHY NO ESCROW?

Hmm,really did not know.CC is not related with any other site.
I also searched when you first post it,find another site same with CC,but forget the link,will post here when found it.

 

You have classified CC as a copy cat or scam.

ESCROW can not ensure anything,but just take risks for you.
Just do research yourself and decide,like ICOcountdown did.

I don't think you know what escrow is.  :D

I have done my research and this has all the hallmarks of a scam

1. Shifty Person who wants to remain anonymous
2. Has a website that is full of grammatical mistakes
3. Cannot give a clear answer to very simple questions
4. Is asking for 5000 BTCs but does not want to use escrow
5. Chatting shit when confronted with simple facts.

i think they want to make quick money.

well, then they better come up with a better plan cause right now this is a complete and utter FAIL!!!

SCAM SCAM SCAM SCAM SCAM

and can I just add:

SCAM!!!!!!!!!!!!!!!!!!

ehh what??

......and out!


90% scam

what can be done to stop scams popping out all the time?

An interesting project.
Good luck!

Definition of Virtual Proof of Power from the White paper:


That's not new at all, that's basic Proof of Stake, just saying.

I dont know to invest or not.

without escrow, I will pass on this one.

Hi, your English is so poor, who can believe a so low level language'  developer?  your word was below:
"I also searched when you first (firstly) post(posted) it,find (found)another site same with CC,but forget the link,will post here when found(find) it."

Why isn't  to open your trusted member NOW? Because you now have no other one except yourself till now . I can guess your trick, the mostly possible you want to utilize your free useless share to absorb those old BTT account to support you .

and so lucky there is a bittrex escrow for edoncoin, we have no loss finnally, Scamer cried and all invester laughed. But after your scam is exposed after your ICO, all poor fool invester only can cry but you will laugh.
 

It will be post how much you get BTC dev.

You will get paid into that coin as per your stake from signature bounty, read op carefully dev is not offering any bitcoin for posting there. ;)

Dev you are missing. ANS PLZ

"Dev" has gone missing cause he knows that his pathetic attempt at SCAMMING has exposed and any IDIOT who still decides to send him BTC deserves to get ripped off...............................

Less than 3 Bitcoin raised is still too much for scammers to have.. So sad to see anyone loose BTC.. Learn from your mistakes .. dont let GREED lead you..

https://blockchain.info/address/14SXQgMsRU5RV9kXB3wRJVv5LdxzZpEobT

Another one bites the dust  :D

You aren't right. You can use next form of escrow: all funds will be transferred to you from escrow persons only if the following conditions are met
(mainnet, trimming, archiving, sidechans - works, wallets and tookit for developing and deploing available and so on).
It's not guarantee that you will continue to work on the project, but it's a guarantee that this is not a simple scam without working project.
And you can use a escrow with multisig account as waves do, it's reduces the risk from escrow.

I am developer, but as you can see my English is poor too. It's very difficult to me to write or say something, but I have a good reading skill especially in technical documentations.

ColoredChain
1. Will you publish sources of core, wallet, tools on github before ICO ending? I also want to know what are you using for developing, I mean what language or languages you are using for core, wallets, tools, etc.
2. What do you plan to do with the BTC from ICO?
3. I want to see a detailed map (how much has already been done, what's planned: as example - developing tools - 95%, ready to use; trimming - 100%, mixing - 0%, etc).
4. What is the minimum required amount of investments to continue the work (as example 100 btc is minimum, including 2 years developening and some simple marketing)?
5. Why do you want to store hash of a sidechain (after trimming) in the main blockchain? Where I can read about what problems it solves?
6. Can you tell us more about archiving nodes, how they work and how we can get data from it.
7. CVM developing is completed? Can you show example of code for CVM or maybe full example (how about colored token platfom dapps) before ICO ending?

Sorry for my poor English  ;D

He's already ran buddy  :'(

https://medium.com/@icocountdown/coloredchain-warning-9a373fa8f7b2#.8ukbipoav

Yeah sounded fishy as soon as there was no Escrow or team representation behind it.

Yes its seems to be one of scam coin.

Did dev fled the coin? I heard he is gone.

I heard that as well.

Dev still made a small fortune with the 2.6464 BTC collected

I think he has become rich with those btc in hand

If you see a ICO that you want investigating please contact me and I will do it:

Email: alex@icocountdown.com
Skype: icocountdown
Twitter: https://twitter.com/ICOcountdown

I think i wilk invest.

Coloredchain Devs,I have invested some,and send you a message about my thoughts and questions.

Where did you heard this news?

April 23, 2016, 08:21:53 AM

Not been online since people start asking questions.

I am sure the questions is not a problem and story is not ended.
The dev has shown that he understands the things and has his vision.
I have seen many scam-projects that were weak technically. Here I don't see such problems.
Maybe it's a high-level (technically, not on social level) scam, maybe not. I will wait.

I hope so. We still have to be patient maybe this time he is hard working

Checking the price after start.

That is funniest announcement for any coin even i seen there, no doubt this coin is 101% scam and stay away from this ICO because it is fishy and dev is looking unprofessional person.

This cannot explain anything,except he will be never back again.

coloredchain won't be back again~~

Sounds like Lisk/Crypti clone with POS and no escrow  ::) .

I think they are different from this, lisk have really CEO background introdue, have old crypti team support announce, they are not anonymous, their backgroud is worth of investing directly investing without escrow.

I'm not saying that i don't value Lisk or Crypti ;) .

ok, just misunderstand your mean, clear now.

Yeah, we need escrow.

Really?happy to hear this. ;D
I also hope this is not a scam.

Signed in twitter and facebook, set likes. What's next? To write that would have added me?  :)
https://www.facebook.com/profile.php?id=100007392301139
https://twitter.com/antyivan
Sorry my en)

FYI:
https://medium.com/@icocountdown/coloredchain-warning-9a373fa8f7b2#.nn76bza2d

any new progress?

the colorchain dev already run away :D

He's gone guys  :'(

Run away.

Colored project is FAIL !!
It is a pity they are just wasting our time here  >:( >:(

Any one wearing a Sig for this obvious scam should immediately remove it. Imo if they dont negative trust should be given for promoting a scam.

Already gone .. that was short.

Finally this scam ICO finished so quickly, op realized that there is no future for this shit scam so he ran with people money because something is better than nothing.

Thanks,this is the first meaningful post after ICO starting.

1.Will release testnet most likely before ICO.
   Source will not be published within 3 months after mainnet alive to avoid fork.
   Java.
2.To mainly support third-party apps development with the original plan.
   Third-party apps can launch fund raise respectively.
   Several BTC raised until now,not enough to support other apps,so will be used as bounty for necessary tools,like faucet,explorer,and so on.
3.All listed features are almost completed except trimming, as trim will not be urgent at the beginning.
   All planned features have not started coding yet.
4.No a specific amount.The more raised,the more apps can be supported.
5.For validating the history tx of sidechains.
   (All tx on sidechains will be submitted to masterchain nodes for confirm,and will be trimmed periodically.)   
6.This is a planned feature.All nodes are not archive activated by default.
   The archived data download will be with a torrent similar manner.
7.Yes.Colored Token Platform will be the only app supported "officially".

Following CC twitter and facebook group is enough.

always waiting for your new progress.
keep going man

It seem somebody was disappointed on current scam achievement, keep on fool more people.
No any other team member which dev mentioned before have even given a short message to support him on this BTT thread? Where are they? Why there is no even 1 team member to support you? Dev have been disappeared for almost 1 week with so many challenges for his scamer.

ColoredChain, I sent you PM some time ago, can you check it?
I want to clear one moment with a transaction confirmation for the translation.

I'm gonna post this again.

https://medium.com/@icocountdown/coloredchain-warning-9a373fa8f7b2#.otewrg6tj

What's up with the odd number of coins?

Total amount of coloredchain tokens is 64,570,081,fixed.
 • 52,947,466 (82%) for open ICO.
 • 8,394,110 (13%) reserved for supporting third party DApps development and long term marketing of Foundation(Hold 
    by community).
 • 2,582,803(4%) reserved for partners.
    - Cloud service deployment
    - Exchanges
    - PR company
 • 645,700(1%) for ICO bounty.
    - 193710 for Bitcointalk signature campaign participants.
    - 129140 for Coloredchain twitter followers.
    - 129140 for joining Coloredchain facebook group/like.
    - 193710 for local language translation and management.

1. In Lisk (just for example) sidechains must confirm their own transaction by yourself, a mainchain don't interract with sidechains (except coins movement between main and sidechains).
In your project only mainchain must confirm transactions from sidechains and a mainchain stores hashes of sidechains.
Can you provide pros and cons of this system? I have some thoughts about it, but it interesting why you choose this way.

2. So, what about CVM code? Can you describe your VM in more technical words?
Can you show part of CMV code? Can you show part of dapp (colored token platfom)?
As example, Lisk/Crypti uses the standart javascript VM, nothing special.
Did you develop a new realisation of VM or you use java VM (same way as Lisk do)?

If you show parts of it, describe it, etc, it's will be good for understanding how things works and publicity.

hi ColoredChain! i'm interesting, when twitter followers will be added here in bounty list https://docs.google.com/spreadsheets/d/1xea-IaemF16Kbl8JcjbcS8ByD-f_0gKHFz7hjVFD0p0/edit?pref=2&pli=1#gid=0 , and maybe need personal message sending, or you'll do this automaticly in future?

1. Unknown newbie "dev"
2. ICO
3. No escrow
4. Evasive answers here in the thread.

Scam. Be warned

there are so many more reliable ICO, why must choose this scam likely project with so much challenge?

DEV any update? Or run away?  ::)

The last time he was here 30 april.

LOL he legged it already!! Hope none of you gave that cunt too much!!!? you were warned! Listen next time! :)

Looks like ppl shoulda listened.

Ico ends 23 may ,and nothing happend.

Great part of all funtctions are the same as the NXT, the difference is NXT has been here since 2013  And now its adopted for the main exchange in Russia:


https://bitcoinmagazine.com/articles/russia-s-national-settlement-depository-successfully-tests-blockchain-based-e-voting-system-1464198071


"Rymanov explained that the NSD’s e-proxy voting proof-of-concept (PoC) project specifications required setting up a private permissioned blockchain where every node participating in the network is known, and included a number of specific challenges related to processing capacity and permission-based access to the data. According to Rymanov, other blockchain technologies such as Bitcoin and Ethereum couldn’t meet the project’s requirements with an out-of-the-box solution, which motivated the choice of the NXT platform."

“Using the proof-of-work (PoW) Bitcoin blockchain would have potentially created a situation where a particular node with a superior computing power could gain an unfair advantage over its peers, thus jeopardizing the security of the network and, if being a malicious actor, could rig the results of the vote,” said Rymanov. “Furthermore, we see PoW systems as an unnecessary drain on resources in private permissioned blockchains.”

“With regards to Ethereum, our team has been in touch with the Ethereum core developers and has been informed that the current limit on processing is around 60 transactions per second,” added Rymanov. “However, even though Ethereum offered a huge improvement both in functionality and processing speed over Bitcoin blockchain, it did not match the NSD requirements.”

“After a careful consideration we have selected NXT,” Rymanov said. “The proof-of-stake (PoS) blockchain has provided us with enough flexibility to architect a solution that is scalable, stable and with processing capabilities well in the range of NSD expectations. In the lab environment we have pushed DSX fork of NXT to process up to 800 transactions per second. With the custom developed e-proxy voting module running on top of the NXT fork we have stabilized the system at 80 votes per second, which is 160 transactions per second reaching a notable result in line with NSD expectations.”

Any news about start tihis coin.

NXT already exist nxt.org with all those functions:

Alias system-> Uri alias, account alias
Coinshuffle -> decentralized mixing for strong anonimity unique of NXT
Monetary System -> You can do your own colored coin
Message System -> You can send encrypted message or using this feature + account control you can built a type of Dapp
Asset Exchange -> More than  a million dollar in assets and growing
decentralized democracy - > Using votings pools NXT devs are doing a decentralized democracy inside NXT
Pools -> You can create a pool
Accont Control -> Better than multisign and allow people who owns asset/colored coins/ accounts to control or vote in pools
Decentralized Market -> Yep on blockchain
Decentralized Storage
3-party apps supported


The roadmap for NXT 2.0 are here http://nxt.org/roadmap/ -> NXT community was the one of the firsts to be created using ICO system, first to LPoS, first and unique to apply coinsuffle protocol, first in colored coins and now they are solving some blockchain trick questions (like blockchain bloat).

Why dont join NXT, Ethereum, Lisk or other similar project and improve it? There are so many projects out there.
 

You are type about nxt but what with colorful?

Cheat?

Dev will never make a comeback, I feel sorry for those who sent the BTC. https://blockchain.info/address/14SXQgMsRU5RV9kXB3wRJVv5LdxzZpEobT