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161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Idena is the first Proof-of-Person Blockchain on: November 05, 2019, 09:31:04 PM
Very interesting concept. I can remember human mining has been done before where humans have to solve puzzles. I just cannot remember when but a few years back. I will try and look for it. I find it very interesting to see what methods people come up with to finish the phrase "proof of ..." in the never ending pursuit of fairness. Mining from scratch with PoW is unfair. Distributing fairly for PoS is also difficult. Human mining can be fair if you can make it immune against bots. Perhaps the validation activities you do will counter the bots.

162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][POW][SCRYPT] Digital EURO - DEURO on: November 05, 2019, 09:17:11 PM
I can remember Euro coins from the good old days. I looked some of them up and listed them below. Can you tell us if you are linked to those efforts and if not what will you be doing different to those coins to make yours succeed?

Euro Digital
Eurocoin
Eurobit
DigiEuro
DigiEuro2
International Euro
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: November 05, 2019, 09:05:46 PM
Citation:

"We have big plans for Waves DEX, which will be spun off as a separate company and renamed Waves Exchange.

All current components - including blockchain, mobile apps, matcher and gateways – will be unified, creating a hybrid product that will combine the best features of centralized solutions with the security of decentralized ones, also adding new services.

Read more on our blog: https://blog.wavesplatform.com/waves-dex-to-be-spun-off-43da9f6e2a91"

after reading the blog, more detailed explanations are needed.

what will be centralized, and what will remain decentralized ?

will the wallet and its coins remain decentralized ??
will the seed remain encrypted and local ??
what is the mode of communication between the 2 components ?
where will be the gateways ?
Hello. Some of your questions are quite unclear, but answering your first question, the answer is "yes", Waves based assets issued within the network can't become centralized anyhow.
Speaking about encrypted and local personal data, all the user's SEED phrases/private keys are owned by them just like before. We don't have any access to such kind of personal information and never will ask for it.
The payment gateways & the Matcher remain centralized ones just like now.

Kind regards,
Waves Community Manager


Although it sounds cool, I cannot see much difference to how things are now, except for a new name. Maybe a new name is what the exchange needs to get some life. I cannot help to think why would you want to bring all those services together (which in a way is already together)? It sounds very much like preparation for the sale of the Waves DEX as a unit to an outside party. Maybe I am wrong.
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MITX] Morpheus Labs Blockchain Platform As a Service on: November 04, 2019, 07:57:21 PM
I have asked dev teams previously why they chose certain chains and platforms but the answers were not really satisfactory. If you can deliver what you promise in your whitepaper, if I understand correctly, dev teams will be able to develop on your platform in virtual sandbox workspaces and then choose a chain and platform that suits their needs. I still dont fully understand how you will be providing all those sandboxes and whether you will just link it to the real prod chains or if you will only mimic a chain in a virtual machine.
165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: November 04, 2019, 07:32:02 PM
Short term: There will be a vertical short cover. 0.00054 BTC/$4.9 target up to 0.000685/$6.2.

Mid term: BTC 35 000/0.000685/$24 or $20 000/0.0012. BTC blow off is uncertain, it depends on delusion level in market, it appears to be sobering slowly, in that case it is straight to oracle 3:

Long term: Flip event from top 5 to alt sphere, then it will break 0.002 BTC ATH. BTC itself stable between 8-12k. Possibly back to $200-1200. Waves from $68 to $2000.

What are you basing your calculations on? I dont think any coin/token will move in the extreme ways you are claiming in your post. Personally I like Waves platform and ecosystem and think it has a good future but not to this extreme and not in the timelines you mention. I also so not think that anyone can claim a movement on Bitcoin accurately unless you are a big whale in Bitcoin and can cause the movements on your own.

Short term: There will be a vertical short cover. 0.00054 BTC/$4.9 target up to 0.000685/$6.2.

Mid term: BTC 35 000/0.000685/$24 or $20 000/0.0012. BTC blow off is uncertain, it depends on delusion level in market, it appears to be sobering slowly, in that case it is straight to oracle 3:

Long term: Flip event from top 5 to alt sphere, then it will break 0.002 BTC ATH. BTC itself stable between 8-12k. Possibly back to $200-1200. Waves from $68 to $2000.
How I wish this would happen in future. And if it is, then I'll be one happy millionaire just by holding Waves.  Grin But seriously speaking, these predictions are quite steep with current state of market that we have right now. You can say that this is very feasible and I won't deny that but it's just very improbable to happen even in shorter span of time. Don't get me wrong, I'm also hopeful of these predictions and I'm still optimistic that Waves can replicate the run that ETH had last 2017.


Mid term: BTC 35 000/0.000685/$24 or $20 000/0.0012. BTC blow off is uncertain, it depends on delusion level in market, it appears to be sobering slowly, in that case it is straight to oracle 3:

Long term: Flip event from top 5 to alt sphere, then it will break 0.002 BTC ATH. BTC itself stable between 8-12k. Possibly back to $200-1200. Waves from $68 to $2000.

So you say that Bitcoin will go to 20k-35k on medium term and then fall to 8k-12k on long term? And when Bitcoin is so low, WAVES may be even 2k?!
I think that you either missed something, either wrote it down incorrectly. An 8-12k on long term for Bitcoin is not sustainable (miners won't earn enough and may cause problems); and bad performance for Bitcoin usually translates into bad performance for altcoins.

Waves was shorted at least since june at 0.00054 if not since april at 0.000685 and it is not the only shorted altcoin. It is institutional players that are/were shorting top alts and they will cover positions before christmas.

I don't know what happens after return to normal levels but it depends on Bitcoin and if establishment is preparing their own coins which they are otherwise they are not smart money.

Waves is fragmented into 3 pieces: Tokenomica is not part of waves native but it is direct competition, and waves enterprise is also not part of waves native so all of these chains will have to share market capture during merchant phase. But there is more competition from other brands in top 50 such as Stellar which is well positioned to capture American markets which is the worlds biggest. Stellars platform is much worse than waves yet it's market cap is $7 billion. Waves is Russian so it must concentrate on Eastern market and possibly south east asia and china, maybe Japan.

Global retail market is $20 trillion, and 90% or more of this will be migrated from NASDAQ and global indexes to proprietary government controlled centralized solutions. Stocks will be converted into tokens and the mother crypto will be something like "NASDAQ Dollars" which is connected to these fortune 500 stocks. Of the remaining free market 2 trillion, Waves ecosystem can capture 30-50% and this in turn will be divided between Tokenomica, WEST (Vostok) and Waves original.

So Waves market cap with optimistic scenario is a few hundred billion dollars and that is also the maximum market cap possible from 1000tx/s equivalent to 15 million active users, when each transaction carries a fee of 80 cents ($25 billion annual profit with p/e multiple 10 at maturity).

Waves should definitely increase all trading fees to 80 cents to back the new inflation policy and increase exchange volume because every trade must be valued higher to make the fee lower share of traded volume.

Waves team should receive 10% of this fee and rest shared with community every week like it is now, with the significant difference that staking rewards is then actually backed by real profit and not simply empty air like it is now.

Token issuance fee can also be increased to 100 waves but keep in mind if waves price goes up, even 1 waves can become worth much. Up to $2500.



I hope you are right, but I think you are wrong regarding the Bitcoin prediction. Halving will be around ~14 May 2020 which on its own will drive Bitcoin price up to make mining profitable. I doubt it will drop again to 8k soon and definitely not in the long term. What I do think you are right about is the usability of Waves platform and use of it in future.
166  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔥🔥[ANN][DIAGON - Global Decentralize eSports Ecosystem][Private Sale - ON]🔥🔥 on: November 04, 2019, 07:00:33 PM
I read through the whitepaper. Due to the large market, and especially if you can capture a large portion of it, there is a good chance that you will be doing high transaction volumes. I noticed that it will be based on the Eth chain. Have you considered other platforms apart from Eth and are you not concerned about congestion on the Eth chain that could hamper transaction times?
I'm sure the diagon project team has thought about that, that's why they use the ETH ecosystem, so far I see that transactions in eth are quite fast and there are rarely obstacles, it's just that now it is popular with ecosystems Using the binance ecosystem, but eth is not inferior to it

My only concern is a repeat of the cryptokitties issue and the congestion there was at that time. But lets see how it goes, time has also moved on and since then improvements made to Eth. Gwei has also been really low for a long time now.
167  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🔥🔥[ANN][DIAGON - Global Decentralize eSports Ecosystem][Private Sale - ON]🔥🔥 on: November 03, 2019, 09:42:56 PM
I read through the whitepaper. Due to the large market, and especially if you can capture a large portion of it, there is a good chance that you will be doing high transaction volumes. I noticed that it will be based on the Eth chain. Have you considered other platforms apart from Eth and are you not concerned about congestion on the Eth chain that could hamper transaction times?
168  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: November 03, 2019, 09:27:16 PM
Short term: There will be a vertical short cover. 0.00054 BTC/$4.9 target up to 0.000685/$6.2.

Mid term: BTC 35 000/0.000685/$24 or $20 000/0.0012. BTC blow off is uncertain, it depends on delusion level in market, it appears to be sobering slowly, in that case it is straight to oracle 3:

Long term: Flip event from top 5 to alt sphere, then it will break 0.002 BTC ATH. BTC itself stable between 8-12k. Possibly back to $200-1200. Waves from $68 to $2000.

What are you basing your calculations on? I dont think any coin/token will move in the extreme ways you are claiming in your post. Personally I like Waves platform and ecosystem and think it has a good future but not to this extreme and not in the timelines you mention. I also so not think that anyone can claim a movement on Bitcoin accurately unless you are a big whale in Bitcoin and can cause the movements on your own.
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⚡⚡⚡$Valhalla Project - $500M Fertility Nation in the Caribbean islands⚡⚡⚡ on: November 03, 2019, 09:18:33 PM
I dont know hey, I get a creepy feeling reading this.

1. I dont think there are any more land mass that you will be able to create an independent sovereign "country" which it seems you are planning. How will you be defending your sovereignty?
2. You are going to get into all sorts of social problems with a small community on a small island
3. Some things you mention sounds illegal and I am sure it will eventually grow into illegal events even by international law
170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: XCARD Wallet - Spend Anywhere, Any Cryptocurrency with Any Payment Card - MBM on: November 03, 2019, 09:03:36 PM
The Telegram channel for Xcard is very active and there is a lot of information available there. However, it is good to have a channel on Bitcointalk as well. Different people appreciate different channels.
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackRoseCoin [CN-Dark] on: October 30, 2019, 09:15:22 PM
I am careful about coins whee previous coins can be exchanged for new coins. Many times the hodlers of the previous coin have no liquidity and when changed to the new coin they dump as soon as it is listed. How will you guard against this when handing out the 50% pre-mine to previous holders?
172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZenX] Zentoshi - Cutting Edge Technology meets Business - Launches Nov. 7 on: October 30, 2019, 09:08:33 PM
I looked at your whitepaper and have the following questions:

1. You are saying it will be a CPU mineable coin. How will you make sure that miners will not devise methods to mine with GPU or ASIC miners?

2. Will you be starting mining from scratch at a launch time like in the old days? Will the initial emission curve counter low difficulty?

3. On page 51 should the 1% 7000 for bounty not be 10% 70000?

4. 2.5m is an extremely large pre-mine compared to block rewards that your team will mange. What guarantees will there be that it wont be dumped?

1. We are using a modified Balloon hashing algorithm courtesy of our in-house developer team called balloon˛. The original balloon algorithm was in fact GPU mineable (a GPU miner took several months to surface), however even then it was only operating on a ratio of 1:4 efficiency (CPU/GPU). This was due to an oversight made whereby part of the hashing function was able to be precomputed (specifically the AES-128-CTR rounds). This has since been resolved and the advantage gone.

2. We will start mining in our testnet which is a few days away, that is available to anyone who wants to take part. Just join our Discord or Telegram for more details! There is little to no private mining happening other than the first couple of blocks other than our pre-mine to make sure everything works before we get to further testing. You are welcome to join in on the fun!

3. Yes on page 50 it is correct. We have set aside 7000 coins for a bounty program, however our community budget may contribute more for this.

4. We have decided on that number and split it into 2. One being our operational budget, which we have full discretion on its spending. We then have our locked reserve which is LOCKED. These funds can only be accessed by our CEO and COO while only done so through community governance. We have an article that explains our reasoning behind it and its implications for our business. The locked reserve is essentially time locked using our cold interest system where you can lock coins for a determined amount and receive rewards. This will be fully visible on chain. The only times our locked reserve of 1,800,000 will be used is at the event that our operating capital has been exhausted and our community approves of the movement for the funds to be utilized as operational budget. Here: https://medium.com/zentoshi/the-zentoshi-budget-e2208693f61e

Ok thanks for the reply. On point 3 the amount for bounties is very low if it is 7000. You might need to up it to get people to participate in the program. Again compare this in line with the 2.5m pre-mine.
173  Alternate cryptocurrencies / Announcements (Altcoins) / Re: | STRATIS | The first blockchain developed for businesses |Full POS on: October 30, 2019, 09:04:45 PM
Do you have any indication yet of the interest in the event? How many people have registered and how many are interested? $18k is not bad and you should get a lot of interest.

I heard that 5 people have registered an interest in the event, and 2 of them will definitely be turning up. Grin

That is really funny. It will be a pity if there are so few people. I would have thought that people will jump at the opportunity, if not because of developing Stratis then at least for the $18k
174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: | STRATIS | The first blockchain developed for businesses |Full POS on: October 29, 2019, 09:42:12 PM

Do you have any indication yet of the interest in the event? How many people have registered and how many are interested? $18k is not bad and you should get a lot of interest.
175  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZenX] Zentoshi - Cutting Edge Technology meets Business - Launches Nov. 7 on: October 29, 2019, 09:37:30 PM
I looked at your whitepaper and have the following questions:

1. You are saying it will be a CPU mineable coin. How will you make sure that miners will not devise methods to mine with GPU or ASIC miners?

2. Will you be starting mining from scratch at a launch time like in the old days? Will the initial emission curve counter low difficulty?

3. On page 51 should the 1% 7000 for bounty not be 10% 70000?

4. 2.5m is an extremely large pre-mine compared to block rewards that your team will mange. What guarantees will there be that it wont be dumped?
176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MYFIE - Monetize Your Selfie on: October 29, 2019, 09:11:30 PM
Is there some kind of privacy mechanism and protection to prevent selfies from being misused? Why would anyone want to upload their photo for others to use? What will the selfies that are uploaded be used for by your team as well as by other members of the public?
177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qredit | by Hodler Enterprises | The Enhanced Blockchain Suite on: October 29, 2019, 12:33:25 AM
I am trying to find Qredit on the exchanges listed. I tried Altilly and Graviex but without success. Am I doing something wrong or can you please post a direct link the markets? I searched for QAE on the echanges with an empty search result.

Qredit is listed on

Altilly
Graviex
SatoExchange
FinexBox
BitexLive
and.... TradeSatoshi  Roll Eyes


The ticker for Qredit is XQR.
QAE is the token protocol on the Qredit Blockchain. Like ERC20 is for Ethereum.

Ok thanks found it. Found it on Coinmarketcap too. It seems to trade around the 6-7 satoshis and had $289 trade in the past 24 hours. It is not a lot though and how do you plan to improve the situation?
178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: SwiftCash - Digital Store of Value - P2P - Decentralized Governance & Economy. on: October 29, 2019, 12:23:00 AM
I see Swiftcash is coming up for its one year anniversary (at least from an OP date perspective). Can you give an overview what the project has achieved in its first year to provide support for market demand? I see the coin is trading at about 5 satoshis currently on Crex which is not much compared to some other coins with also large potential coin supplies.

If expensive price and high achievement is what determines where your money goes, then you shouldn't invest in SwiftCash. Because we haven't achieved anything special that other coins haven't. Neither is our price or marketcap where we can boast about. But if you're looking for a ridiculously cheap and undervalued altcoin that is legit and not scam, then you can make yourself feel at home and start accumulating. If not, you can sit aside and let those of us who do believe continue to accumulate. Back to achievement, it's almost impossible to achieve anything with this price and marketcap. But what's interesting is we don't really need to. There's always time for achievement and development. What matters now is that we have a working blockchain which is just as good as Bitcoin, if not even better due to it being based on the Proof-of-Stake consensus. It's obviously not adopted as much as Bitcoin neither is it as liquid as Bitcoin but if it were, it would be #2 or #1 on coinmarketcap and not on my list of hidden gems.

Unfortunately achievement and progress are important aspects for many people to invest in a project. More development and delivery is what makes projects desirable and create demand, providing opportunities to both speculators and long term investors. Projects need both large teams and development funds. I guess a working blockchain is a start.
179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: October 29, 2019, 12:17:57 AM



The security issue patched in v1.1.4 is now disclosed in v1.1.5, which has just been released.
This update contains only details of the security fix. Please check the release notes for further information.
This is a very good post about the future direction of Waves which looks really good. However, you mention the following "We are developing a special protocol that will bring blockchain interoperability to the Waves ecosystem. Initially, this protocol will simply connect blockchains within the Waves ecosystem itself. Later, it will be enhanced to enable interaction between Waves and the Ethereum blockchain, with its numerous native projects".

How will this work and how will your be linking other blockchains with Waves platform as various blockchains have different block times and characteristics. Or will you create a side chain that mimics the real other blockchain with a gateway inbetween?
180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: #️⃣ [ANN] ✨ [WCC]  #️⃣WCode - Arbitration Platform 📈 on: October 29, 2019, 12:08:37 AM
The idea is good and is something I would find useful, however there are many questions that I have regarding the actual functionality which would either make it useful or not:

1. Are you going to limit it to just a few exchanges?
2. Will you be using your central API key just to pull the information you need for calculation?
3. Will the user have to program his or her own API keys into the program?
4. Will you just give the answer and then the user has to do the transaction on his or her own outside of the program or will the program do the transactions on behalf of the user with full trading API keys of the user?
5. Will the user need to (a) fund the exchange accounts with all relevant coins including BTC or (b) will the coins still need to be moved to the relevant exchange?
6. If 5 is (b) how will you account for block times and confirmation times in the movement of coins between exchanges?
7. Will coins be moved between buy and sell transactions or will transactions be simultaneous on both exchanges utilizing pre-funded coins, with settlement end of day or after a period of time
8. How will you account for transaction fees as sometimes there is arbitrage but transaction fees are higher than the gain. Therefore transaction fees will negate arbitrage up to a certain threshold after which it becomes profitable. The frequency of settlement also plays a role here.
9. How will you take into account blockchains that are stuck or coins that are under maintenance on exchanges? Many times arbitrage develops because of an issue with the coin on the one exchange and market forces cannot keep things in equilibrium because of the issue. This could create a false arbitrage result and the coins could actually get stuck in transit.

I would appreciate your answers to these questions to understand your project better.

Hello, very good questions.
1. Regarding exchanges, we are focused on our exchange, which will be released in early 2020, but we are also negotiating with other exchanges. We are not limited in exchanges and of course, they will not be one.
2. At the moment, the API key will be used only for calculating information both from exchanges and from a service such as Coinmarketcap.
3. All API keys can be configured in the "Settings" section of the program.
4. The program will not trade using your APIs
 keys. The program will only provide information for the transaction, and the user will decide whether to conduct such a transaction or not.
5. The question is not entirely clear. If we understood correctly, then the user will need to replenish accounts outside the program, on the exchange himself, and not through the program.
6. The approximate retention time will be in real time based on price glasses.
7. Coins will be moved between purchase and sale transactions
8. The program will know in advance the amount of commissions on exchangers, so it will take them into account in advance and show profitable transactions.
9. Our program analyzes only those coins on which there is no service or any other problems.

Regards, WCode Team

Thanks let me clarify points 5, 7 and 8 in one paragraph.

There are two ways to do arbitrage. Strictly speaking arbitrage is the simultaneous buy and sell on different exchanges requiring accounts to be stocked upfront, doing transactions and at certain intervals doing a settlement to set accounts back to the original amounts. This also removes waiting times. The second option is to buy on the one exchange, and sending the coins to another exchange to sell and in the process make a profit. This option is exposed to waiting times for coins to confirm and moving from one exchange to another and risks of the arbitrage window to disappear while waiting for coins to confirm. The second option is also exposed to exchange withdrawal fees (network transaction fees) per transaction that needs to be taken into account. No use in making a small arbitrage profit but paying more for the withdrawal fee from one exchange to another. From what I gather you will be doing option 2.
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