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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: prof1983 on August 03, 2014, 07:40:38 AM



Title: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on August 03, 2014, 07:40:38 AM
ch (https://bitcointalk.org/index.php?topic=753455) en it (https://bitcointalk.org/index.php?topic=748047) ru (https://bitcointalk.org/index.php?topic=672105)

LibreMoney

http://storage9.static.itmages.ru/i/14/0529/h_1401360992_7372353_7de4117df0.png
LibreMoney - first secured cryptocurrency and crowdinvesting system with obtain reputation and Lm-money for successfully completed crowd projects.

New Money (emission) in LibreMoney can only get the authors successful crowdfunding projects. The authors introduce new value in the world and receive for money creation, as a bonus for useful work. In fact, all the money in LibreMoney provided useful real work. Therefore, we say that LibreMoney - is to secured currency.

The main objective of the project - the motivation of people (startups, entrepreneurs) to develop and implement technology (IT) projects.



Brief description of

LibreMoney - a free decentralized financial system, based on existing cryptocurrency protocols distributed emission based CrowdFunding.

LibreMoney — the first and only secured cryptocurrency not subject to neither inflation nor deflation.


Description of project

Target
- Create a comfortable and reliable system for the development of open source technology and the Internet (OpenSource, movies, music, science).
- Create a complete financial system.

Principles
- Openness. Completely open system.
- Decentralization. Septic system! No single server, there is no single mechanism for transferring data.
- Stability. Maximum cryptographic protection. Encrypting the entire (transmitted data, the stored data) — this is necessary to avoid the possibility of compromise and destroy the system.
- Anonymity. Exclude the possibility of tracking the real location of the user.
- Scalability. The system should be able to scale up to larger sizes is not limited. Including should be able to work the system in interplanetary scale.
- Reliability. Accurate execution of all tasks, regardless of the desires of third parties.
- The uniqueness. The system is one. All actions are unambiguity. Not allowed parallel on different subnets of a system, is not allowed fragmentation of the system.

Capabilities of the system
- Co-financing of projects (crowdfunding, crowdsourcing, crowdinvesting).
- Investment.
- VC funding.
- Long-term accumulation.
- Decentralized exchange of assets.
- Trade.
- Freelance.
- and so on.

Features
- Until the system at least three computer system continues operation.
- When the temporary isolation subnet system does not violate its functioning. Occurs only a limited number of users available for financial calculations and contracting.
- The emergence and cash flows are subject only to open algorithms.
- The amount of cash system reflects the totality of the real values ​​in the system.
- Emission is produced only when creating a new real values.

For whom is the project

Primarily:
1. Freedom people: artists, musicians, programmers who want to make with the help of co-financing (CrowdFunding);
2. Investors - people willing to buy cryptocurrency initially for the purpose of sale, when it grows in value.
In the future:
All people who want to freely pay for purchases, to fund interesting projects, create savings, investments, etc.

Technical details

LibreMoney = NextCoin + CrowdFunding
The prototype project is LibreMoney NextCoin. Characterized in that there is no emission of NXT. In LibreMoney issue made ​​on the basis of the actual useful work.


Article: What is money (https://bitcointalk.org/index.php?topic=722464.msg8742382#msg8742382)

Main site with information about the project: LibreMoney.org/en (http://libremoney.org/en)
Developed a platform for easy management of wallet: LibreMoney.com (http://libremoney.com)
Source code: github.com/libremoney/main (https://github.com/libremoney/main)

Presentation of the project: slideshare.net/prof1983/libremoneypresentation1 (http://www.slideshare.net/prof1983/libremoneypresentation1)
Video presentation1: youtu.be/ZyI-xWG87rk (http://youtu.be/ZyI-xWG87rk)
Video presentation1: youtu.be/1FgzMDO-G8k (http://youtu.be/1FgzMDO-G8k)
Offer for investors: libremoney.org/invest (http://libremoney.org/invest/)
Objectives of the project by SMART: libremoney.org/purpose (http://libremoney.org/purpose/)
The work plan for July (07.2014): libremoney.org/article/244 (http://libremoney.org/article/244/)

24.10.2014 01.01.2014 - release date LibreMoney-Beta1
01.01.2015 ? - release date LibreMoney-1.0


We are looking for like-minded people (programmers, designers, marketers, investors).


.


Title: Re: [ANN] [LM] LibreMoney project
Post by: rhkazani1 on August 03, 2014, 07:41:11 AM
?

Posted From bitcointalk.org Android App


Title: Re: [ANN] [LM] LibreMoney project
Post by: Sammie Sna on August 03, 2014, 07:41:33 AM
reserved.a great project!


Title: Re: [ANN] [LM] LibreMoney project
Post by: KeyserSozeMC on August 03, 2014, 07:42:23 AM
Name sounds good to my ears.

Good luck


Title: Re: [ANN] [LM] LibreMoney project
Post by: dodgecharger on August 03, 2014, 07:43:54 AM
interesting , good luck  :)


Title: Re: [ANN] [LM] LibreMoney project
Post by: MsCollec on August 03, 2014, 07:44:04 AM
LibreMoney - first secured cryptocurrency :D


Title: Re: [ANN] [LM] LibreMoney project
Post by: kishan889 on August 03, 2014, 08:21:13 AM
Nice concept


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: ripplebtc on August 03, 2014, 11:06:27 AM
24.10.2014 - release date LibreMoney-Beta1
01.01.2015 - release date LibreMoney-1.0

Are you serious?  :o


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on August 03, 2014, 11:10:13 AM
24.10.2014 - release date LibreMoney-Beta1
01.01.2015 - release date LibreMoney-1.0

Are you serious?
Yes.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: tonny.jr on August 03, 2014, 11:22:55 AM
X.good luck to this project


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on August 12, 2014, 08:01:23 PM
Our first video presentation is ready ! — youtu.be/uVR2btiHrtQ (http://youtu.be/uVR2btiHrtQ) … We are happy And soon in english , follow us! Lets make it better ! And we realized this presentation using #crowdfunding ! Follow us , we are looking for partners :)


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: provenceday on August 12, 2014, 11:48:30 PM
nice idea.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on August 25, 2014, 02:22:25 PM
Yesterday, the meeting took place in Moscow LibreMoney. Walking in the park, talking, filmed on video live talisman of our project. :)
http://storage9.static.itmages.ru/i/14/0825/s_1408968697_9771478_1b1ce384b1.png (http://itmages.ru/image/view/1873873/1b1ce384)
http://youtu.be/YfkzgVshDbc (http://youtu.be/YfkzgVshDbc)


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: seedtrue on August 25, 2014, 02:30:28 PM


L



I stopped reading there.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: Sellman on August 25, 2014, 03:28:05 PM
Yesterday, the meeting took place in Moscow LibreMoney. Walking in the park, talking, filmed on video live talisman of our project. :)
http://storage9.static.itmages.ru/i/14/0825/s_1408968697_9771478_1b1ce384b1.png (http://itmages.ru/image/view/1873873/1b1ce384)
http://youtu.be/YfkzgVshDbc (http://youtu.be/YfkzgVshDbc)

Cool!


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: DenisZabar on August 26, 2014, 12:02:06 AM
Please consider translate to English.  :)


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: egajuarsa on September 08, 2014, 09:45:26 PM
nice, I like you


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 09, 2014, 10:32:47 AM
nice, I like you
Thank you :)


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 09, 2014, 10:35:54 AM
What is money

http://libremoney.org/img/what_is_money/00.gif

Money is not the value. Money - it's just a reflection of the numerical values.


What is the value of

Usually, the values ​​is the following. Values ​​- is:
1) products (eg bread, real estate)
2) services (eg haircut etc).

Either way goods and services are material. But there are items such as movies, music, OpenSource software technology. All of this - not the material available values.

Quote
Value - the importance, relevance, utility and usefulness of something.
Value - as a characteristic of the object, indicating the recognition of its importance. Share "Tangible assets" and "spiritual values."
Wikipedia (https://en.wikipedia.org/wiki/Value_(personal_and_cultural))


How are values

Let us consider an example. Suppose we make clay pots. We have a piece of clay and $ 10 for the manufacture of pot we spend an hour of your time. Suppose an hour costs $ 50. The amount of costs is $ 60. But ready to pot we sell at the market price (assuming it's $ 100). Have an income of $ 100, the cost is $ 60, you get $ 40 profit. It's simple.

But let's think. And where did this $ 40? You answer, it's obvious. $ 40 - it is the surplus value. But what is the physical meaning of these $ 40? Hour of labor ($ 50) - a service that clay ($ 10) - that product. A $ 40 - it is neither goods nor services. These $ 40 - surplus value!

In other words, we do not just do the pots, and bring value to the world. Its value is called "surplus value."


As there is money

Now let's look at how to get some money. And here you say that everything is obvious. Money produces the state represented by the Central Bank. New neneg, in theory, produced as much as there is new products and services on the territory of that State. If new money is issued more than appears new products and services, then there is inflation. In this case, Keinsian theory as very good as it is possible to produce more money. This allows you to "develop the economy." Although, in fact, this is called "inflation of bubbles." But we are not talking about that.

And so. Money produces a state under the provision of goods and services that are produced in the area (or jurisdiction) of the State. It is legal tender in the territory of that State. Such money is called the national currencies or fiat money.

Quote
Fiat money (from Lat. fiat - decree instructed, "so be it") - money, legal tender, the face value of which is established, provided and guaranteed by the state through its authority and power.
Wikipedia (https://en.wikipedia.org/wiki/Fiat_money) ru (https://ru.wikipedia.org/wiki/%D4%E8%E0%F2%ED%FB%E5_%E4%E5%ED%FC%E3%E8)

With this, everything is clear. Goods are in the territory of a particular state and the services provided in the territory of a particular state. And for these goods and services the government issue new money. And what about the free values​​, which are distributed freely on the Internet? Which state does not belong to the material values​​?


No material available values

De facto, once the film or music falls into the network, it is already no longer belong to anyone. Yes, the legal right to belong to someone. But we're talking about how really going on. Movies, music, technology, and all other digital "goods" which have been published at least once in the network - the de facto belong to the world.

Obviously, the development of digital "goods" - a piece valuable. Technology and algorithms, sometimes, are very valuable. The question arises. What state, thus, should make the issue of new money? Yes, it is obvious that if the company and its employees are on site and within the jurisdiction of a particular state, that state and will produce emissions. Everything is simple. But if the company is registered in one state, the developers are physically located in another state, and work is being done on servers located in a third State. And if the team is distributed, the work is done in a decentralized manner and without the formation of a legal entity (OpenSource development)? What then? Where it produced values ​​and what state releases new "security" money? All states at once? Or development is not valuable? For example the Linux kernel and other OpenSource projects are valuable development or not? :)


Issue of money for no tangible value free

We claim that for all material not available emission values ​​should receive their creator. By free we mean here the values ​​of all the values ​​created by free people in a free space of the Internet.


Free currency

After analyzing all this, we came to the conclusion that the Internet need a free currency (crypto-currency). Especially as the technology to create such a currency already exist and have been used successfully by many people. This Bitcoin and its many forks. But Bitcoin is not money in our understanding. Because Bitcoin issue would not be at useful labor, and distributed randomly for the selection of the hash. In fact the whole system of Bitcoin and its analogues in vain burn electricity without producing useful (scientific) calculations. Therefore, we say that Bitcoin - a type of currency future. There are projects kriptovalyut proposing to make the generation of block-based utility computing. That is correct, but the crypto-currency while at the idea stage.

We decided to create the first free crypto-currency, where the issue will receive only the authors of interesting and useful development (movies, music, OpenSource software, inventors, developers of new technologies). Authors will receive as a bonus issue for the useful work, for by value.


How to determine the useful work or not and how much

http://libremoney.org/img/what_is_money/01-400x300.png (http://habrastorage.org/files/49b/286/8ab/49b2868abfc442d8bc5ee6f4cdf12150.png)

We offer authors (entrepreneurs), before start developing first conduct a fundraising method of crowd-funding. Thus it is possible before the creation of the need to evaluate the solutions / product.

That is the assessment of a particular job will be in two phases.
1. Prior to the establishment, with the help of crowd-founding, determine need the product or not, and how much is needed (what the collected amount of funding). If the required amount of money collected for the project, the more money is automatically transmitted to the author of the project and the work begins.
2. After the implementation, by voting, to determine how well the project is implemented. If the project is done well, the author will automatically receive as a bonus issue. If the project is executed poorly, the author of the issue does not get and lost their reputation.

http://libremoney.org/img/what_is_money/02-400x300.png (http://habrastorage.org/files/e1f/e45/834/e1fe45834118459e956b62d45b9392b1.png)

How it works

Description of the idea turns out to explain the most clear example. Assume that the system has a few participants and have community. One participant proposes to implement CrowdFunding project. To protect the system, the project is necessarily realized in the framework of a community. The author of the project must be a member of the community within which plans to hold a fundraiser.

Communities in the system are needed in order to be able to expert evaluation of the project in the calculation of emissions. Community members in the assessment, act as experts. However, other participants evaluate the experts themselves. Therefore, experts are beneficial to objectively assess projects and avoid in your circle of random people.

http://libremoney.org/img/what_is_money/03-400x300.png (http://habrastorage.org/files/cf2/255/77f/cf225577f16f4c8db87567bfa5c28f40.png)


Issue

Let us consider an example of the issue in the system. Suppose that there is an author who offers to collect distribution Linux. Author previously had worked well, there is a community, there are willing to help as advice and money. But need funding. Therefore, the author decides to raise the necessary funds by the method of crowd-funding. And so, what you need to do:

1. Register. Register in the system, make a purse.
2. Community. If a suitable community yet, it is necessary to create a community. Or to apply for membership in the existing community and wait for approval from the experts (from the community).
3. Project. Create a project "build distribution Linux», enter the appropriate amount set deadlines for fundraising and project schedules.
4. Fundraising. After the registration of the project, everyone can finance the project (to become depositors).
5. Day closure fundraising. If the project does not receive the required amount, the funds collected are automatically returned.
6. Implementation of the project. After collecting the funds by getting money at their disposal.

http://libremoney.org/img/what_is_money/04-400x300.png (http://habrastorage.org/files/4d8/8d9/d67/4d88d9d67fad4021932f3122d8070f4a.png)

7. Hour X end of the project (DeadLine). After the appointed time, when the project should be ready, an assessment. Within a few days passes vote. In this case, estimate the project as investors and experts (community members).

http://libremoney.org/img/what_is_money/05-400x300.png (http://habrastorage.org/files/9ea/711/5ca/9ea7115ca2c04fae9659765739856ff1.png)

8. According to the results of voting is determined emission factor is calculated emission, as well as added to or reduced rate reputation.

http://libremoney.org/img/what_is_money/06-400x300.png (http://habrastorage.org/files/555/5f5/dfb/5555f5dfbdd74176809be9a0b2d6d3cc.png)

Emission depends on several coefficients and the collected amount. In particular interest to the community, the results of the vote of depositors and the results of voting experts.


Reputation

The system has a numerical display power, which shows how much hard and well served by past projects. Reputation can not be bought, it can only be earned. Reputation is an analogue indicator Karma on HabraHabr.ru.


Providing money

Since the issue of the system is only for the actual work, for by values ​​- then we would argue that all the money in the system to provide real useful work. Thus we obtain the first provided by the crypto-currency.


Protection against the creation of "empty" money

The totality of the reputation of each author, and reputation (by weight) of each community within the system will provide protection against the creation of "empty" money. All transactions and all projects are open. As soon as there is any suspicion of fraud - that users of the system "minus" as the author, and the community in which he is a member. By the way, this is why experts (community members) will exhibit an adequate assessment without overstating them.


Crowd-venture investing

Quote
Crowd-investing - an integral part of crowd-funding. The main feature of crowd-investing - the possibility of obtaining compensation for sponsorship, if the project is successful (similar investments).
ru.wikipedia.org (https://ru.wikipedia.org/wiki/%D0%9A%D1%80%D0%B0%D1%83%D0%B4%D0%B8%D0%BD%D0%B2%D0%B5%D1%81%D1%82%D0%B8%D0%BD%D0%B3)

The system provides the opportunity to invest in potentially profitable startups - venture capital investment in the early stages. Author of the project organized by the company to raise funds with a view to starting the project with further raising funds from the investment fund. In this case, the fund "buys" shares from the original investors. This is an opportunity for authors to collect seed investment and test your business idea. And a good opportunity for angel investors earn. And most importantly the opportunity to invest in any projects without reference to the site. Of course there are risks. Indicator reputation, partly will be guaranteed.


Technical realization

Crypto-currency based on PoW not fit, you need a 100% PoS. For a basis we took the source code of the crypto-currency NXT (NextCoin). The source code is completely rewritten for JavaScript (Node.js) and added an emission mechanism.

NXT - it's 100% PoS crypto-currency of the second generation.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 09, 2014, 10:37:03 AM
LibreMoney

The project provided the first free crypto-currency we called, by analogy with LibreOffice, LibreSSL.

youtu.be/uOfPDqxI5ps (http://youtu.be/uOfPDqxI5ps)

The main site of the project
LibreMoney.org (http://libremoney.org/)

The project was born in Russia. But there is community LibreMoney in Italy. And also to create a community for Chinese and Spanish.

Alpha1-implemented version (0.0.7) in which you can register purse.
libremoney.com (http://libremoney.com/)

Source code is available on GitHub.
github.com/libremoney/main (https://github.com/libremoney/main)


Reward system designers LibreMoney

Every developer for his work, gets a share of the initial issue (genesis). The initial issue of 1,000,000 Lm. The forums crypto-currency can often be seen outrage at the "premayn." The project LibreMoney initial emission provided real work of developers. No unsecured "premayn" will not. The project is in its infancy. We need partners. Need all programmers, designers, marketers, investors. Join. :)


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: deepings on September 14, 2014, 10:13:54 AM
what's different between nodecoin?
are you waiting for nodecoin open sourcecode?


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 14, 2014, 07:03:14 PM
what's different between nodecoin?
Thank you suggested about NodeCoin (https://bitcointalk.org/index.php?topic=590421). I did not know about this project.
Who looked and learned. Project NodeCoin and LibreMoney like that implemented in Node.js
But have fundamental differences. In LibreMoney issue of new money based on human labor.

are you waiting for nodecoin open sourcecode?
Source of NodeCoin opened - pastebin.com/a7JzU7kv (http://pastebin.com/a7JzU7kv)

I'll talk to the developers NodeCoin. Maybe we agree on merger developments.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: gpools on September 14, 2014, 07:11:54 PM
great project, good luck.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: siliconchip on September 15, 2014, 07:50:52 AM
So this will be another IPO/ICO coin?  ??? ???


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 15, 2014, 11:10:29 AM
So this will be another IPO/ICO coin?
LibreMoney different from all existing currencies. Issuance of money in the LibreMoney occurs on the basis of a real human labor rather than by burning electricity.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: Sellman on September 15, 2014, 12:09:32 PM
So this will be another IPO/ICO coin?
LibreMoney different from all existing currencies. Issuance of money in the LibreMoney occurs on the basis of a real human labor rather than by burning electricity.

+1


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: DenisZabar on September 21, 2014, 06:47:45 PM
How to invest???


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 22, 2014, 06:41:54 AM
How to invest???
1 000 000 Lm will be distributed to developers. In fact, every developer gets its share in the project. You can negotiate with any member of the project and to buy his share (before the release of the project). Either buy Lm-money on the stock exchange (after start-up). Furthermore. Furthermore. We plan after some time to make crowd-founding collection of funds for the development.

Drop me a private message, in order to learn more.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 26, 2014, 02:46:24 PM
Yesterday (25.09.2014) was scheduled to release LibreMoney-Alpha3. The plan should be implemented transaction system, the protocol to communicate with nodes. However, at the moment is not yet ready even Alpha2 version. Dates that I made ​​at the beginning of the project to withstand fails. Therefore release LibreMoney-Beta1, who was appointed on 10.24.2014, have to move. We really need a good developer JavaScript / Node.js and are looking for companions to the team.

Nevertheless, the work is actively moving. You can follow the development of the repository http://github.com/libremoney/main


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: majeis on September 27, 2014, 06:08:25 AM
The graphics used throughout this thread make it look entirely credible  ::)

Are there any further updates?


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 27, 2014, 06:53:46 AM
Are there any further updates?
Updates are available how (Ubuntu)
Code:
sudo apt-get install nodejs npm mongodb
git clone https://github.com/libremoney/main.git libremoney
cd libremoney
npm install
node web
After that, go to your browser: localhost:1400


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: Yza_azY on September 27, 2014, 08:20:40 AM
Are there any further updates?
Updates are available how (Ubuntu)
Code:
sudo apt-get install nodejs npm
git clone https://github.com/libremoney/main.git libremoney
cd libremoney
npm install
node web
After that, go to your browser: localhost:1400

+10000000000000


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: DenisZabar on September 27, 2014, 06:01:26 PM
Are there any further updates?
Updates are available how (Ubuntu)
Code:
sudo apt-get install nodejs npm
git clone https://github.com/libremoney/main.git libremoney
cd libremoney
npm install
node web
After that, go to your browser: localhost:1400

getting this error

2014-09-27T17:58:56.180Z - info: [Lm/Boot.js] Config initialized
2014-09-27T17:58:56.189Z - info: [Core/Core.js] TransactionProcessor initialized
2014-09-27T17:58:56.189Z - info: [Lm/Boot.js] Core initialized
2014-09-27T17:58:56.224Z - info: [Lm/Boot.js] Db initialized

/home/user/libremoney/Lm/Db/Db.js:52
         throw 'Error in Db. err='+err;
                                  ^
Error in Db. err=Error: failed to connect to [localhost:27017]


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 27, 2014, 08:00:36 PM
/home/user/libremoney/Lm/Db/Db.js:52
         throw 'Error in Db. err='+err;
                                  ^
Error in Db. err=Error: failed to connect to [localhost:27017]
Yes... I forgot to write that you need to install mongodb :)
Code:
sudo apt-get install mongodb


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: DenisZabar on September 27, 2014, 10:33:33 PM
/home/user/libremoney/Lm/Db/Db.js:52
         throw 'Error in Db. err='+err;
                                  ^
Error in Db. err=Error: failed to connect to [localhost:27017]
Yes... I forgot to write that you need to install mongodb :)
Code:
sudo apt-get install mongodb

Thanks, its working  :D


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: Yza_azY on September 29, 2014, 12:00:33 PM
/home/user/libremoney/Lm/Db/Db.js:52
         throw 'Error in Db. err='+err;
                                  ^
Error in Db. err=Error: failed to connect to [localhost:27017]
Yes... I forgot to write that you need to install mongodb :)
Code:
sudo apt-get install mongodb

Thanks, its working  :D

I'm in!


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on September 30, 2014, 09:24:31 PM
A small tip about LibreMoney.

Quote
documents in different language
Information is still in Russian. I plan to write an article describing the technical implementation of the LibreMoney in Russian and English later.
For the programmer to be more clearly see the source code.
github.com/libremoney/main (https://github.com/libremoney/main)

Quote
is this a paid project?
No. LibreMoney - is not billing project. LibreMoney - a new cryptocurrency with the issue on the basis of the real work of the people. Such currency does not exist yet. LibreMoney will be the first.

How money is created (issuance of money)? How to determine the value of human labor?
Work is proposed to estimate the following manner.
1 Entrepreneur (startups, author of the draft crowd) registers crowdfunding / crowdinvesting project.
2.Produced collecting money.
3 If the money collected in the right quantity, they will be automatically translated into the purse of the entrepreneur.
4 Entrepreneur implementing the project.
5 At the end of the life of the project is assessed. The project is estimated voting. Otseniavayut project investors, experts (members of the group), and all other community members.
6 If the project is implemented well, the person (the author) increases the reputation and gets the issue of new money. Emission here is a bonus for good work, to create a new value. If the project is executed poorly, the emission is not produced, and the person (the author) loses reputation.

The entire system is decentralized, with the implementation of smart contracts.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: dezoel on October 02, 2014, 06:42:19 PM
nice project.

Reserved  ;D


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: Sellman on October 03, 2014, 09:07:58 AM
IN!


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on October 04, 2014, 08:53:07 PM
http://storage6.static.itmages.ru/i/14/1004/h_1412454888_1953305_a7bd250171.jpg (http://storage6.static.itmages.ru/i/14/1004/h_1412454746_4812831_1cf9d0bbc1.jpg)
Hello. I will describe the current state of affairs honestly. Implement the project turned out to be much harder than I thought initially. People willing to help in the implementation, I have not found. So, in fact, doing a project LibreMoney one. This is partly due to the fact that I made ​​a bad description of the idea, in part due to the fact that I do not know how to conduct marketing, I am not able to produce promotional materials. During the four months that doing a project, I was able to communicate with hundreds of people. A very small percentage of people who understand the essence of the project, are the provision of money, why is the value of human labor, and not anything else. Apparently I'm bad gift, bad explain.

I once heard from other people the most negative reviews. That I was crazy, that the project no one wants that to invest in Lm-money, no one will, and so on. But I've heard some positive reviews. Lot of negative feedback. Positive feedback is much smaller, but they are. I talked with people from the community OpenSource, with people from the Pirate Party. Many of them LibreMoney project is of interest, but no more. People interested in the opportunity to earn their work, creating OpenSource projects. However assistants I have not found.

Yesterday and today I had a few meetings with different people. Including with influential people. They each project is of interest that the project LibreMoney not normal. Nevertheless, it remains clear. I do not always get to explain the essence of the project and why I believe that the free secured money - this is the next stage in the evolution of cryptocurrencies.

Many people recommend me dropped the idea. Especially that the design needs money. On venture investors I do not hope. Own money I have is not enough for a long time. I began to doubt whether to continue. I need support. I need to know your opinion. Need to know whether the system needs LibreMoney.

Recently, I was advised to register the project on the site of crowd-investing vcstart.com. I ask all who care, go to the link below and support the project. It's free. Each registered user is given by 50 virtual dollars, which you can invest in your favorite projects. About virtual dollars in vcstart described HabraHabr (link (http://habrahabr.ru/company/vcstart/blog/233277/)).

Please support the project by voting for him. Then I will know that the project is needed LibreMoney many people and it is not worth throwing. Here is the link:
https://vcstart.com/project/libremoney (https://vcstart.com/project/libremoney)

I would be grateful for any help and feedback. Many thanks in advance.

P.S. Please do repost in social networks and blogs, if you do not care about the LibreMoney project.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on October 06, 2014, 09:59:41 AM
Quote
Also how is the creation of money regulated? I don't see you plugin in "real work" as parameter to a mining function.
Issuance of money is made for successfully completed crowd-projects.

Function of issue for the project:
Issue = CollectedAmount * DepositorsEvaluation * CommunityExpertsEvaluation * RemainingCommunityMembersEstimate

The idea is that the issue of money is performed for the new non-material value (wealth). Such as open technology, OpenSource projects, movies, music etc.
The new money created by the author crowd-projects (crowdinvesting/crowdfunding). Money is given for work produced.

During the first stage (collecting money, crowd-founding, crowd-investing), we determine the need for the project. If the specified amount is collected, the project people need. After the implementation, at a specified time, made ​​the vote. After the vote counted Evaluation. Evaluation indicates that the project is like people. So the project is the new value. And the author of the project (the entrepreneur) is the emission and reputation as a bonus for good work. Reputation - a numerical value. Reputation indicates how many values ​​a person brought into this world.

In order to avoid fraud. The system is the weight of the communities. Weight communities is determined by voting. Experts community is beneficial adequately evaluate projects of their community. On their integrity will depend interest people to a community project.

In addition, to be able to create a project, you must be a member of one of the communities. To do this, you must get a invite. The person who issued the invitation, he becomes your mentor.

We create a network of startups that create OpenSource. LibreMoney differs from the DAC: in LibreMoney single currency within the system. This Lm-money. And has a reputation. But reputation can not be exchanged for goods and services. And the Lm-money exchanged for goods and services available (through the stock exchange or directly).


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on October 07, 2014, 05:24:25 AM
Unlike LibreMoney from other crypto currencies

Bitcoin — this is the first and most popular to date crypto-currency that works under this scheme. The protocol was originally Bitcoin can create «smart contracts.» Or, on the other, «self-fulfilling contracts.» All this worked out quite well, but has enjoyed limited popularity. Many people do not know that it exists.

We need to look further. Namely, on the process of issuing new money, the process of generating blocks, the expansion of the protocol, etc.. Bitcoin — this is the first kriptovalyuta, but it has drawbacks. In particular 51%. And most importantly — an empty useless burning miners, electricity. People understand it and, therefore, offers crypto-currency of the second generation. Such as NXT (NextCoin), etc. 100% PoS.

I propose to look further and suggest crypto-currency 100% PoS + emission based on the real work of the people, not for the creation of wealth. This project LibreMoney.org different from all existing currency and crypto-currency. In today’s world money is not secured. So, in fact, to make reliable long-term savings to the liquidity of a currency is not yet possible. I propose to create such a tool. But the main objective of the project LibreMoney not to create money, and to establish a decentralized system of crowd-investing to attract investment for technology start-ups at an early stage (at the idea stage and the prototype stage).

libremoney.org/article/731 (http://libremoney.org/article/731/)


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: Jacques21 on October 07, 2014, 10:29:35 PM
Good luck with your project, will be watching this.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on October 09, 2014, 09:06:12 PM
For those who developed LibreMoney

- For venture investors: easy search start-ups in the early stages with a proven demand;
- For private investors the opportunity to invest in interesting projects for a small stake in the project (~ 0.1%);
- For startups (entrepreneur): Crowd-attracting investment at an early stage (stage ideas and prototypes);
- For investors in crypto-currency;
- For the OpenSource community - the opportunity to earn money (Donate + emission as a prize for good work);
- For all - a full monetary and financial system of the XXI century. Including the possibility of a decentralized, intelligent self-fulfilling contracts, electronic notary and other opportunities offered by technology blockchain.
Business model: P2P
Monetizitsiya: initial issue 1 million Lm.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: gjhiggins on October 17, 2014, 04:29:14 PM
4 Entrepreneur implementing the project.
5 At the end of the life of the project is assessed. The project is estimated voting. Otseniavayut project investors, experts (members of the group), and all other community members.


Can you describe the measures that you plan to implement in order to ensure the accuracy and adequate transparency of the project reporting that will be necessary for a properly informed vote? It would probably be a good idea to draw attention to the fact that entrepreneurial funding from this source will require the enterprise to show full business transparency because anything less would render a vote effectively meaningless.


Cheers

Graham


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on October 20, 2014, 05:03:25 PM
Can you describe the measures that you plan to implement in order to ensure the accuracy and adequate transparency of the project reporting that will be necessary for a properly informed vote?
blockchain :)

Vote to be honest - it has a reputation for user and group (community) in which the project is being implemented. The size of each community is very limited. Therefore, within a group of people is not profitable to deceive his friends. A group as a whole should behave appropriately, as their behavior depends on the weight of the group. Weight of the group affects the size Emission money for future projects.

Also, the entrance to the group (community) is available by invitation only. Not everyone can create new money. But anyone can register a purse and use the system.


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: Yza_azY on October 22, 2014, 08:36:50 AM
Can you describe the measures that you plan to implement in order to ensure the accuracy and adequate transparency of the project reporting that will be necessary for a properly informed vote?
blockchain :)

Vote to be honest - it has a reputation for user and group (community) in which the project is being implemented. The size of each community is very limited. Therefore, within a group of people is not profitable to deceive his friends. A group as a whole should behave appropriately, as their behavior depends on the weight of the group. Weight of the group affects the size Emission money for future projects.

Also, the entrance to the group (community) is available by invitation only. Not everyone can create new money. But anyone can register a purse and use the system.

:)


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on October 31, 2014, 11:20:26 AM
White Paper project LibreMoney

According to initial plans, 24/10/2014 should be ready LibreMoney-Beta1. But the project proved more difficult than I expected. To date, some functionality implemented, elaborated the concept, made ​​a business model, and other materials.

I decided to collect the published material and create a so-called "White Paper" project LibreMoney (version Alpha). The result was a book This work took me two weeks. The result is available at the following links:
 libremoney.org/doc (http://libremoney.org/doc)
libremoney-white-paper.pdf (http://libremoney.org/libremoney-white-paper.pdf)
 libremoney-white-paper-full.pdf (http://libremoney.org/libremoney-white-paper-full.pdf) (with API)


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on July 05, 2017, 01:48:07 PM
Hello. I have not written for a long time. Seich is a lot of ISO. I also decided to release tokens and attract investments for the LibreMoney project. The project itself has undergone changes, but the central idea has remained the same. Moreover, this idea is not only me and there are at least two names. Therefore while I will write two names through slash. And so: LibreMoney / WorkChain is a decentralized platform for ordering works (freelance exchange) with the release of currency for each socially significant project (similar to Steemit, but not for writing texts, but for various works).

During this time, much has been done. Many people directly and indirectly participated in the development and testing of the economic model of the project. All this is recorded and everyone who took part - will receive its share from the released tokens. In general, the layout is as follows. The LibreMoney / WorkChain project itself is a platform. Inside the platform are two types of tokens: 1) growing platform token with limited emission, 2) an operational token - with unlimited emissions. Growing tokens are limited to 100 million units. Of these: 10% have already been distributed during the existence of the project, 10% the team for the preparation and conduct of the ICO, 10% of partner and bounty, 10% of the first investors (preICO), 60% of the ICO.

In addition, there is an idea of releasing tokens (ICO) in general for the Libre project as a global "platform of platforms" (ecosystem)? However, it seems to me that LibreMoney / WorkChain is easier to understand and it will be easier to collect money, do you think? :)


Title: Re: [ANN] [LM] LibreMoney project - first secured cryptocurrency
Post by: prof1983 on July 09, 2017, 01:02:37 PM
Answering the question what is Libre. Libre - an ecosystem that includes the economic, social, political and cultural components (4 areas of human life by Marx). We mainly talk about the economic sphere (about production) and about the use of new technologies. In particular, about the technology of blockchain, as a very good tool for accounting for various parameters and relationships. For example, debentures, promissory notes, options, forward contracts, sales contracts, rights of claim, ownership rights, shares, bonds, etc.