none of us know how to build artificial intelligence on a blockchain.
Speak for yourself. Reminds me of the old joke where the Lone Ranger and Tonto are completely surrounded by hostile Indians. The Lone Ranger remarks “We’re in a spot of trouble now.” and Tonto replies “What do you mean ‘we’, white man?” Cheers Graham |
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Considering that 90% of all new coins fail ... which is more likely to fail?
If you're rounding to the nearest integer, it'd be more accurate to use 100%. The up side of rounding to the nearest int is that it makes it trivial to answer the 2nd question: both are 100% likely to fail. The devil is, as ever, in the detail. Cheers Graham |
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DYOGOODR  Each to his own I guess but releasing buggy code is not the kind of thing I'd want to be smug about. Cheers Graham |
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The initial Free Distribution details, wallets & source code will be announced but no node will be given until official release, so even if you did get it to work you would be mining on the wrong Official chain.
Not a terribly good idea because, in previous instances it didn't go to go the way the devs anticipated. The term “official” has no practical relevance to selection of blockchain, primacy is determined solely according to which chain is calculated to have been the subject of the most computational effort thus far. Cheers Graham |
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and this? OSICOIN No blockchain! Wallet-mining software: Windows: http://www.mediafire.com/download/y56up716z7zlpqv/osicoin-qt-windows%282%29.zipSpecifications: The abbreviation is OSI Proof of Work 10 OSI of reward each block Halving every 210000 blocks Small premine of around 600 OSI No blockchain, nobody can see your transactions Coinbase maturity: 21 blocks Number of confirmations: 6 RPC Port: 5062 P2P Port: 5061 Bounties: First node: 10 OSI at the launch, 200 OSI at the end of the first month and 50 OSI at the end of the second Second node: 5 OSI at the launch, 50 at the end of the first month and 15 at the end of the second First gambling site: 75 OSI First faucet: 75 OSI First 30 people who download the software: 1 OSI each Norrencoin banners: 20 OSI (first), 10 OSI (second), 5 OSI (third) Mining: To mine Norrencoins using the same software of the wallet go on "Help", then click on "Debug" and then on "Console". To start mining type "setgenerate true". Might be an idea to stop wasting everyone's time until you've developed your skillset further. Cheers Graham |
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finance creation of the above mentioned website.
? Cheers Graham |
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HOWEVER, if this promise threatens to destroy the entire CLAM network, which it does, then I feel any and all changes to prevent this not only justified but also necessary.
Perhaps it is better to just move on. You know, like a bad relationship. Well, this is an option, for sure. ... If I am the only one from the entire community being upset about this development, I wont mention it anymore. It doesn’t look like an option to me, merely an anodyne observation drawn from an idly unsupported analogy. But no, you're not the only one with concerns. I share your concerns (perhaps not as keenly, I admit) but am reluctant to simply pitch up to such a meandering discussion. Speculation on the motivations or future actions of the digger is condemned to remain exactly that, speculation. The model provides no useful predictive component. Of considerably more use would be some glimmering of understanding of the collective and individual perceptions formed by those who are directly or indirectly affected by the change. The fact that upwards of 2500 altcoins have been launched to little significant effect suggests to me that the phenomenon doesn’t have a core explanation rooted in either economics or cryptography and I've found that discussions which fail to acknowledge this factor are inevitably doomed to peter out without establishing anything useful. Out of sheer bloody-mindedness (or perhaps a slightly wider perspective, or perhaps even the fact that I grok TANSTAAFL), I maintain my CLAMS locally in a running node. It’s not that I mistrust dooglus, far from it, but even he admits that bulking up on JD might not be all that good for CLAMS’ long-term health as a cryptocurrency and I can’t gainsay his argument. In consequence, I heartily welcome the recent initiatives to improve CLAMS overall UX. Each launched altcoin has the capacity to become a separate collective intelligence. Some starting conditions might appear to be more favourable than others but it’s way too early to be making those kind of calls on a phenomenon that we can barely characterise, let alone understand. fwiw, my take on it is that it’s an unfortunate instance of stigmergy arising from the imprint left by the import of contaminating aspects of Bitcoin’s irredeemably flawed distribution. Unfortunately, it seems to be an inherent contamination for any “proof-of-chain” approach that piggybacks on Bitcoin’s distribution. I’m more interested in the perception of CLAMS’ brand values and how they’re interpreted in relation to the current context. The JD-herd mentality suggests that the intention behind CLAMS distribution has faltered; from the nether regions, it seems as we’re only just now seeing serious attempts to promote the advanced features of CLAMS that make it a worthwhile currency to use rather than hodl. Had that effort been instigated earlier, JD would likely be playing less of a role in the coin’s economics and users would be holding different perceptions of CLAMS attractiveness, perceptions less likely to be disrupted by manipulations of the exchange fiat conversion rate. Cheers Graham |
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@ghiggins: I've already defined mainstream: at least 200 million monthly active users.
Pseudonymous ownership of private keys is an inherent feature of all of the cryptocurrencies you’ll find on this discussion board. Users cannot be reliably distinguished so no metrics about “active users” are available. Anyway, by asking the value proposition my aim is to know what relevant problem you are going to solve that is still unsolved and eventually, unconsidered.
I understand that. What I don't understand is why you’d expect people to share their strategic marketing plans in public. Cheers Graham |
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Narrow-minded people can't grasp inner structure of objects, this is how paradoxes appear.
The definitional citations are irrelevant, your key statement (quoted) is unsupported and, as expressed, false. Cheers Graham |
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My question to you is: which is the right execution for an alt-currency to go mainstream?
Define “mainstream” and you might receive more focused answers but don’t bet on it. The questions are somewhat loosely framed, makes it a bit difficult to second-guess the intention underlying the question. So, question 1: what should it be the value proposition of an alt-currency in order to take over the market and go mainstream really quickly in your opinion?
One which would exhibit properties relevant to a “take over” (whatever that’s defined to be). I shouldn’t be surprised that you appear to expect people to volunteer potentially sensitive answers to Q1. But on this discussion board? Perhaps a little more time spent reading the threads of a few individual altcoins would help you appreciate that answers will, in effect, be ill-informed or mischievous misdirection. question 2: which distribution channel would you use to distribute such a currency?
I've always understood that choosing the relevant distribution channel( s) can only sensibly be done by reference to the characteristics of the selected market segment(s). Cheers Graham |
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In case you haven't come across it: Moving Mainstream: The European Alternative Finance Benchmarking Report (PDF), Feb 2015, Univ. Cambridge Bus. Schl. Some useful statistics. The first pan-European study of its kind, this benchmarking research reveals that the European alternative finance market as a whole grew by 144% last year – from €1,211m in 2013 to €2,957m in 2014. Excluding the UK, the alternative finance market for the rest of Europe increased from €137m in 2012 to €338m in 2013 and reached €620m in 2014, with an average growth rate of 115% over the three years.
Cheers Graham |
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Organisational reality - expect some exchange operators not to feel part of a coin “community” or behave as though they are. There seems to be something about the notion of “decentralised” that has escaped Richie Lai’s understanding (the “bad transactions” incident refers to SterlingCoin SLG): In regards to Bittrex specifically, while trying to get Bittrex to update to v1.5.1, I received this communication from Richie Lai of Bittrex:
Hey Steven,
I've been trying to unwind a bunch of bad transactions... It looks like we have deposits dating back almost a month that somehow were orphaned? There are also a bunch of bad deposits starting from Monday. Do you guys have a foundation or something that can help us recover coins? It looks like we're out about 42k in bad deposits. I've resynced now but can't reopen until we make our balance whole.
Thanks,
Richie
I have responded to Richie and informed him that we do not have a foundation. I also told him I would reach out to our community. As you may know, the dev found has long been depleted by server costs and none of those funds remain. I with all of my own personal Sterlingcoin and on behalf of the Sterlingcoin developers, could contribute half of the 42k to do this if the community can aid with the rest. It does appear any action should wait until after the fork.
Bittrex, the well-known philanthropic, not-for-profit organisation requests that the SLG community reimburse Bittrex’ losses or face permanent delisting of the coin. He'd get short shrift if he tried that on with Bitcoin. I wonder who might Richie have in mind should he feel the need to contact the VCoin community? Cheers Graham |
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I tried to compile kryptoslab's version but it just fails with:
The Qt config file for that repos has been edited to be Windows-specific and INCLUDEPATH needs changing for Linux compilation: diff --git a/slimcoin-qt.pro b/slimcoin-qt.pro
index b81e0a6..bc21800 100644
--- a/slimcoin-qt.pro
+++ b/slimcoin-qt.pro
@@ -5,17 +5,17 @@ DEFINES += QT_GUI BOOST_THREAD_USE_LIB BOOST_SPIRIT_THREADSAFE
CONFIG += no_include_pwd
CONFIG += static
-BOOST_LIB_SUFFIX=-mgw49-mt-s-1_55
-BOOST_INCLUDE_PATH=C:/deps/boost_1_55_0
-BOOST_LIB_PATH=C:/deps/boost_1_55_0/stage/lib
-BDB_INCLUDE_PATH=C:/deps/db-4.8.30.NC/build_unix
-BDB_LIB_PATH=C:/deps/db-4.8.30.NC/build_unix
-OPENSSL_INCLUDE_PATH=C:/deps/openssl-1.0.1i/include
-OPENSSL_LIB_PATH=C:/deps/openssl-1.0.1i
-MINIUPNPC_INCLUDE_PATH=C:/deps/
-MINIUPNPC_LIB_PATH=C:/deps/miniupnpc
-QRENCODE_INCLUDE_PATH=C:/deps/qrencode-3.4.4
-QRENCODE_LIB_PATH=C:/deps/qrencode-3.4.4/.libs
+# BOOST_LIB_SUFFIX=-mgw49-mt-s-1_55
+# BOOST_INCLUDE_PATH=C:/deps/boost_1_55_0
+# BOOST_LIB_PATH=C:/deps/boost_1_55_0/stage/lib
+# BDB_INCLUDE_PATH=C:/deps/db-4.8.30.NC/build_unix
+# BDB_LIB_PATH=C:/deps/db-4.8.30.NC/build_unix
+# OPENSSL_INCLUDE_PATH=C:/deps/openssl-1.0.1i/include
+# OPENSSL_LIB_PATH=C:/deps/openssl-1.0.1i
+# MINIUPNPC_INCLUDE_PATH=C:/deps/
+# MINIUPNPC_LIB_PATH=C:/deps/miniupnpc
+# QRENCODE_INCLUDE_PATH=C:/deps/qrencode-3.4.4
+# QRENCODE_LIB_PATH=C:/deps/qrencode-3.4.4/.libs
# for boost 1.37, add -mt to the boost libraries
@@ -359,7 +359,7 @@ macx:ICON = src/qt/res/icons/slimcoin.icns
macx:TARGET = "Slimcoin-Qt"
# Set libraries and includes at end, to use platform-defined defaults if not overridden
-INCLUDEPATH += $$BOOST_INCLUDE_PATH $$BDB_INCLUDE_PATH $$OPENSSL_INCLUDE_PATH $$QRENCODE_INCLUDE_PATH C:\slimcoin\slimcoin-master\src C:\slimcoin\slimcoin-master\src\qt C:\Qt\4.8.6\include C:\Qt\4.8.6\include\QtGui
+INCLUDEPATH += $$BOOST_INCLUDE_PATH $$BDB_INCLUDE_PATH $$OPENSSL_INCLUDE_PATH $$QRENCODE_INCLUDE_PATH src src/qt
LIBS += $$join(BOOST_LIB_PATH,,-L,) $$join(BDB_LIB_PATH,,-L,) $$join(OPENSSL_LIB_PATH,,-L,) $$join(QRENCODE_LIB_PATH,,-L,)
LIBS += -lssl -lcrypto -ldb_cxx$$BDB_LIB_SUFFIX
# -lgdi32 has to happen after -lcrypto (see #681)
HTH Cheers Graham |
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It's rather sobering to see the degree to which people are dominated by casual misperceptions. The OP's coin is satirical. ... it's just a tad unfortunate that the satire is somewhat misdirected. The patent application makes not one single mention of the blockchain. All BOA seem to be doing is getting in first, asserting a claim to be able to optionally use their current system to route wire transfers via existing cryptocurrency networks when reliability/time/control factors are an economic factor. Seems quite a sensible and logical business move. There doesn’t seem anything to satirise, really. Or anything to twist knickers. I boiled down their graphic, for clarity and imported the key commercial advantages from the text:  's just another app that makes calls on the API of a (dynamically-selected) cryptocurrency in order to effect wire transfers of fiat. In the BOA model, the cryptocurrency simply acts as a carrier for any run-of-the-mill wire transfer, BOA’s system instructs the exchanges on the fiat-to-crypto-and-back conversions and makes the final delivery of fiat to the recipient. The really valuable take-home is a US retail bank’s sober assessment of the advantages of using cryptocurrency, a useful arrow for the quiver of anyone making a cryptocurrency business pitch. Cheers Graham |
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Sadly, the network is in a bit of a mess at the moment.
Interesting info. So how we move forward? Looks like a softfork is required. Clearly, nodes from the other alts are having a deleterious effect ... 2015-09-22 15:54:16 receive version message: /Satoshi:0.10.2.2/: version 70003, blocks=856024,
us=176.9.26.47:59472, them=105.210.134.59:9333, peer=105.210.134.59:9333
2015-09-22 15:54:18 Added 678 addresses from 105.210.134.59: 2589 tried, 12013 newDunno if it’s related but the karmad daemon hosted on my server that feeds my nearly-complete RPC-based explorer crashed without logging any error. I've restarted it in the expectation of it crashing again but, as the resultant RPC timeouts are dragging at the heels of my app, I'll be tempted to just let it lie next time and remove it from the explorer config. Cheers Graham |
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A quote from one of the above articles: “Some says Daniel Larimer, the lead developer of Bitshares and Cryptonomex (both partners of the OpenLedger project) is the Einstein of crypto currency and the world will soon be able to see if this is in fact true, as the financial network for crypto currencies called Bitshares 2.0 is set to be launched on October 13th 2015, and as a result OpenLedger is having the same launch date!” Cheers Graham |
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