Bitcoin Forum

Qora is about to have Turning complete implemented, I believe the first of the second gen coins, first ever basically.


Qora isn't taking the credit though as the work is being done by Ian Knowles, CIYAM Lead Developer.


Ethererum raised thousands of BTC, Millions of dollars to implement in the future in their own words:


"When the grand experiment that is bitcoin began, the anonymous wizard desired to test two parameters- a trustless, decentralized database enjoying security enforced by the austere relentlessness of cryptography and a robust transaction system capable of sending value across the world without intermediaries. Yet the past five years years have painfully demonstrated a third missing feature: a sufficiently powerful Turing-complete scripting language."

So how can Ethererum with its big bank money investment ever have a chance? Hopefully it can't.


Congratulations to Qora for being part of this project and beating the big money banks.

*If people want to invest in the AT they can do so through Qora's AE for the next 14 days though I expect that to be over much quicker as we are 1/5 of the way in funding the project after a few hours.

 

I thought CIYAM was putting this on NXT.

Is he putting it on NXT and Qora?

I know he has been working on it for a long time and is a very competent programmer with a lot of experience.  I listened to a podcast in which he was interviewed.  That was maybe 6 months ago, but I knew he was going to do something good. 

Automated Transactions should be tested on Qora first in case problems arise. If it's safe, it can be implemented on NXT. NXT has too much business and other features in the pipeline now to be disrupted by possibly faulty AT implementation. Besides, Smart Contracts, scheduled for 1.4 release of NXT, should cover most of the use cases of AT. Let Qora pioneer implementation of AT and test the heck out of it.

haha Qora is the testnet of NXT. Finally it found some place.  :D

Can someone explain what the turing system is?

Basically, a machine or system that is turing complete is capable of running any modern computer system. So you could in theory run windows on any turing complete system, albeit in some cases exceptionally slowly.

Turing complete basically means it's classified as a modern-day computational device. Like your phone, tablet, handheld gaming device, so on. It's capable of the same processes all computer processors can handle, such as the logical operations known as logic gates.

Each passing days Qora its more and more interesting, when the code source release people will know the genious of his dev
New proof of Stake code it is time to buy cheap

You clown, Qora is borrowing this feature from NXT, where it is currently in TestNet. If NXT doesn't implement this feature then Qora is dead in the water. Don't try to act like Qora invented this, when it was developed specifically for NXT and is only being ported over to Qora.

For the record, CIYAM invented AT for no one in particular and everyone. It has always been open source. See https://bitcointalk.org/index.php?topic=675182.msg9183760#msg9183760


It is true that he began the first implementation with Nxt but has since left Nxt AT to implement in other coins including Qora and Bitcoin and Litecoin clones (as he states above).

Here is CIYAM talking about Nxt AT from April 2014 >>> http://www.nxtcommunity.org/nxt-podcast/whats-nxt-automated-transactions-explained


It is also true Nxt At will be on testnet this weekend all going well >>> https://nxtforum.org/automated-transactions/information-of-the-at-project/msg117316/#msg117316


I was under the impression a wave of good feeling and brother/sisterhood was sweeping over this forum, let's not spoil it...

Daedelus is right. This is a huge win for crypto in general.  And I mean HUGE.  We should all be tickled. 

CIYAM might very well go down in the history books for this.

At this current moment in time AT is only available on NXT TestNet, no other coin has implemented it yet. I'm all for brotherhood and whatnot, but when shills post blatant lies, then it irritates me :


Well it seems like the OP over here, forgot to mention the fact that NXT has already implemented it, which makes Qora virtually useless from that point of view.

My friend no one said Qora invented it and I clearly even typed the name of the guy that has developed it. I'm pretty sure the developer would say Qora is the first to really properly implement it, I'm guessing he would know best, right?  And if you think say NXT has already implemented it then cool.

I don't know why you are even mentioning NXT I was clearly talking about ETHERERUM you're making NXT look bad with your obvious defensive anger.  lol

http://giphy.com/gifs/6xgslyYQCyLa8/fullscreen

Should be a lesson.. build on the Bitcoin block chain or face failure.

So the "bearwhale" was Ethererum?

Yeah, afraid it's looking not entirely inconceivable that it s ethereum dumping some coins last week.. ;)

I hope so. I can't give definitive 'proof' but out of nowhere comes this team obviously put together by a big money interest and has guys who worked for Goldman Sachs which pisses on the idea of Bitcoin and basically attempts to create a digital Federal Reserve. People investing BTC into this should be ashamed.

It fits for sure. I saw so many Bitcoin is dead news stories when it happened. Scumbags. Someone should see if they can link the sold coins to Ethereum IPO coins.

If this is true.....bastards!
Have they run out of BTC to dump yet, btw?

And on AT....Ian K, (CIYAM) initally developed AT with the intention of enabling it in Nxt, but Qora now gets the honour of implementing it first on their mainnet.


Yep, damn right, this is a definite win for pretty much everyone concerned, except maybe Ethereum,
AT/Qora/NXT to the moon, old chap.

Vitalik Buterin tried to get a job at Ripple Labs pre-ethereum. He's also been rather vocal about the perils of mining centralization in PoW. Seems a bit hypocritical. Shame on Ghash or any other mining pool for approaching 51% but you'd love to be that central authority, wouldn't you, King Vitalik?

It was doomed from the beginning. Way too many people invested into it.

that's what exactly happening  ::)

Ethereum is another Suckerberg coin like Mastercoin and Max Coin, coins which spam the media with articles and YouTube videos almost nobody sees.  They do this because there's a lot of incredibly wealthy people who want to be in on the "next Bitcoin", get persuaded by this junk and thinking throwing bags of money at a coin will produce subsequent bags of money.   Classic rich man's ponzi scheme.

 Never works, the people who bought Mastercoin would had made more off Doge.  The people who bought Maidsafe would had made more off Darkcoin and other alternates.  At best you're only making the developers rich with these Suckerberg coins.

Ethereum has nothing to do with Ethercoin.

Ethereum= Holy grale of Internet 3.0
Ethercoin=Blatant scam of some scumbags

Don´t confuse everything just to spread FUD

And please people don´t name huge projects like Ethereum and NXT in the same sentence with a random shitcoin like Qora.

Qora needs to cut their losses and admit to being a $hitfork of NxT, because everybody knows it to be true.

and what the hell is ethererum lol  ???

Here is the Ethereum bitcointalk thread link

https://bitcointalk.org/index.php?topic=428589.0

that's ethereum not ethereRum  ;)

+1 to renat0...this thread went downhill fast.

Heres the story on AT:
https://nxtforum.org/automated-transactions/information-of-the-at-project/

No one on this thread who is a supporter of this development in Qora even mentioned NXT let alone criticise it.

Etherum is a completely different issue to coins having turf wars.


Etherum is a completely different beast, corporate funded (I believe) and possibly with links to the FED to try to get it's hands on cryptocurrency to shape it and control it like they do the banks and money today.


So confusing the two is stupid. I even in comparison rate Dogecoin and absolutely any genuine cryptocurrency of decentralised limited supply as brothers compared to Etherum. So NXT and Qora will battle I'm sure but this is the bigger picture about what some of us might actually believe in as we also try to get rich. We should all be united against Etherum IMO. I'm not even against Vitalik Buterin. I believe the team were headhunted, I mean this kind of people ie Goldman Sach bankers and high profile Bitcoiners don't just meet in Starbucks by chance ,this was orchestrated.

etherum dropped their BTCs already and never shown proof of code.

skip this and dont even wait

Maybe this project was aborted but I think it would be naive to think big banks and central banks will just let cryptocurrency run them down and make them obsolete if they become a threat.


So you can bet there will be other projects, others systems that will appear out of no where. Who knows even the government produces a crypto currency and makes it legal tender while banning all others. But the attacks will come you can be sure of it.

They all die. Btc is the internet. Nobody givez a poo bunches of lan

I agree Bitcoin is our base but I think we need 'systems' to trade in a decentralised way and to hold other assets including currencies, precious metals, stocks etc.


Only a fool wouldn't admit some improvements need to be made to Bitcoin, for one it's not even private, who wants everyone to see all their bank transfers?

What do you classify MaidSafe as?  Did you know Maidsafe started before Bitcoin and they got that $7million IPO here on Bitcointalk?  There were even strong allegations that laundered MtGox coins were involved.  That's $7 million for one of the world's longest vaporware projects.

I was the one who revealed to Bitcointalk, through investigation, that the Maidsafe company in Scotland only had like 4 employees.  Nowhere enough manpower or intellectual power to accomplish what they want (hence the vaporware for almost a decade).

https://bitcointalk.org/index.php?topic=582731.0

Wouldn't put it past Ethereum having laundered Bitcoins either.  

Honestly how do any of us how many official employees Ethereum has?   They used that have that photo up (until it was pulled) and most of the people on the list looked pretty dubious to me.

I haven't paid much attention to it, as an IPO it didnt interest me as so many people were buying into it.

BUT there are scams and there are SCAMS. If a coin actually exists, with no back doors in the code and has a limited supply etc then I don't care if the developers are the Cosa Nostra cloning dogecoin using the IPO money to traffic illegal chinese child labour.  What we have to avoid is centralised systems that have back doors that can be manipulated at a later date, im  wary of anything labelled a derivative but I guess coloured coins are a kind of derivative.  That's a much more serious bigger picture issue than the short term scams most label scams on here.

If this works well, NXT will have it. If not, QORA will absorb the loss. The only result of the announcement would be buying NXT, not QORA.

I highly doubt it will be turing complete if NXT develops it.. especially since they are closed source and no code inspections etc... as soon as its released it will be closed again due to having to redevelop... same with ethereum... all of these models are begging to take years to develop something as complex.. while by then something like bitcoin will be "too big to fail"

but it's better to improve bitcoin itself, instead of making a new coin doing it, just add the damn thing to bitcoin, it is certainly possible

Bitcoin is like a huge tanker which will not change easily. There is a real risk of it Bitcoin to become obsolete if it continues to have a snobbish attitude.

Word.

What is possible is that regulators will relax or abandon the AML/KYC requirements -- and thus the ability for Bitcoin to be used anonymously gets sufficient competition from some altcoin secretly created by government, which would be able to compete as being less-expensive to operate as well as being a brand with corporate backing sufficient to cause growth from paid promotion.

Are IBM and Samsung still going to fork Ethererum?

Indeed. Making useless altcoins is never the answer. The more we have, the worse it gets.

I expect so. but someone here said he worked for ibm and they routinely test out thousands of new technologies each year. However they only use a few of the thousands of technologies they test.

For those who are sure the Ethereum teams can not keep the promise to start the main net this winter we opened a prediction market on it:

https://www.fairlay.com/predict/registered/new/ethereum-main-net-goes-live-before-spring-2015/

It is a market place where people can bet against each other. If you prediction they won't start the main net we try to find one how is willing to take the other side. Currently we have about 0.8 Bitcoin in open predictions and the likelihood is at 45%. If you think it is more likely you should predict "yes" - otherwise "no".

Will be interesting who wins in the end.

If there is any interest we can open a prediction on Qora as well...

Cool so you can bet on whether or not Ethererum launches off by spring or not?

Yes - that is the short form :)

http://www.coindesk.com/ethereum-counterparty-fork-colored-coins/

apparently the code is working quite well

Bitshares wil be the only meaningful turing complete script implementation

Didn't they expressly state in fine print that the project may or may not even happen? How could people possibly throw in money to someone who is legally shielding themselves for their potential 'take money and run'?

What makes you think they would waste time doing any work when they got what they wanted and have nothing else to lose? Were they public figures? Were they legally bound to actually even work on their project?

'We stipulate that ethereum may or may not become a viable project' - are you shitting me?

They've released more code and functionality than any other altcoin. 

I'm fine with FUD, but maybe watch github and forums to kinda know what you're talking about?

Thats not the point read the post again.

How do I interpret these figures - as far as what the market thinks the % change of success is. And does your site provide a time chart to see how market sentiment, or its assessment of the odds, has shifted over time?

is it a pm on a blockchain?

Ethereum is definitely the complete opposite of dead in the water.  I am guessing that they will be releasing in April next year and are going to bust a set of features that other cryptos can only dream of having (Etherscripter, Mist etc.). Their team is probably the largest in crypto 2.0 at the moment, with branches popping up all over the world. They have taken great care to touch as many influential regulatory regions as possibles.  And most importantly for us in the Altcoin community they welcome us over the single god like blockchain that is Bitcoin.

Click on [Show additional stats to see the percentage] or use the "advanced form". There you will find a bar/slider that also represent the numbers nicely. And yes - we do show how odds/percentages shift over time (as soon as we have some numbers). Have a look here: https://www.fairlay.com/predict/registered/new/bitcoin-difficulty-45b-by-the-end-of-the-year/ (click on additional stats)

We wish we were already. Currently we are still a centralized prediction market. However or plan is clearly to decentralize as much as possible and we are still in the process of finding the best solutions. Have a look at a talk of our founder on this topic: https://www.youtube.com/watch?v=hZO1JQtMang

ethereum and ethercoin are different