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161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 24, 2014, 12:26:46 PM
Are there pre-compiled binaries of bitmarkd and bitmark-cli for Mac OS X ?

Sorry no, we follow the same release process as Bitcoin and do not precompile them.

Instructions for compiling can be found here, please ensure you have the prerequisites - typically you'll be looking to:

Code:
sudo port install boost db48@+no_java openssl miniupnpc autoconf pkgconfig automake
git clone git@github.com:project-bitmark/bitmark.git bitmark
cd bitmark
./autogen.sh
./configure
make

Hope that helps.
162  Other / Archival / Re: delete on: September 24, 2014, 06:36:20 AM
What the hell is this ??



http://coinmarketcap.com/currencies/monero/#markets
https://bittrex.com/Market/Index?MarketName=BC-XMR

Somebody used 17,000 black coin ($1000) to buy some monero (about 0.06 total) at a stupid high price on bittrex.

You may notice how easily these 'market capitalization' figures can be manipulated.

I sincerely hope that whoever bought that was buying their own sell order.
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 24, 2014, 01:41:14 AM
New Bitmark p2pool node at xpool.net

Thank you - OP updated.
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 24, 2014, 12:09:51 AM
Damn its working here?

Someone can mark me please ?

Not working here yet, you'll know when it is Smiley


update http://api.bitmark.co/ has been created to provide machine readable network information for any services which need it.
165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 23, 2014, 05:31:26 PM
I'm  guessing everyone is waiting to see how this whole making thing works before people start buying again.  I'm really interested I'n trying it out, is there a site that has marking up yet?

I must agree, a large portion of time has been spent on communication recently, time to work on merging what's done and publishing it.
166  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 23, 2014, 03:24:54 PM

Thanks to Armaan Chandnani for the interview today on Bitcoinist.

http://bitcoinist.net/interview-with-bitmark-developers/

167  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 23, 2014, 03:26:11 AM

TxId: f0e82dee9f5be13fb0fd19678157e04a49dd50c7f39c4c36748bba8072cc7476

I will donate more in the future, but each journey starts with the first step.

Regards,

Springfield

Sorry, I did not notice this before. Thank you for your kind donation, it will do much to help the project or others in the future.
168  Alternate cryptocurrencies / Altcoin Discussion / Re: Code reviews for altcoins on: September 23, 2014, 03:03:18 AM
Earl,

Fantastic service, thank you so much. I just found your report and immediately fixed the minor bug from Bitcoin you noted.

I've submitted an issue on your repo with link to code to reflect this.

Thanks again,

Mark
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 09:45:59 PM
The question of SuperNET and Bitmark has been asked a great deal recently. For anybody who missed it here is our statement. In addition I personally am a Trustee of SuperNET.

Cross post regarding Bitmark and SuperNET.
-------------------------------------------------------------------------

James and I have been discussing both SuperNET and Bitmark extensively, to see how they may benefit the wider community together.

We have a gentleman's agreement that:

1. Our future extensive work on creating a public api which liberates the block chain and mounts it on the web will be applied in the future to supernet, once it is tested matured and proven, so all coins which implement supernet will benefit from our work.

2. Marking will be integrated in to the SuperNET GUI once ready to layer on additional functionality, such as voting where all candidates get a fair apportionment of reputation+money based on merit and demand, rather than traditional voting which entails picking a single winner.

3. Ongoing outreach and communication between both projects, to align work and vision, and drive the effort of consolidation together, with any other like minded projects who may share complimenting goals.

We will not be joining SuperNET as there is no benefit to either of us in doing so, but we will be joining in the spirit and working closely together.

I'd like to thank James for his time and understanding, he is a busy man but I believe he has best interests at heart, and critically some moral fiber.

Warm Regards,

Mark, on behalf of the Bitmark Community.

170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 09:13:38 PM
Confirmed. Poloniex are updating to the latest code and checkpoint to keep our network secure. We have requested that they do so every week or two in order to mitigate any risks from potential fork attempts.

It is a good thing.
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 09:09:46 PM
Im looking at Bitmark in polo and there is written "frozen" in BTM row  Huh

I asked Poloniex to update the daemon if they had not done so recently, I presume this is why, although I have asked to make sure. Will update in due course to confirm.
172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 08:51:09 PM
Why is this coin doing so well? Please explain me why is continuosly rising in value... I dont get it, maybe Im blind (sometimes it happens to me), but I dont want to miss on next big thing...

Read the thread, backwards or forwards, and the documentation, the wiki, the OP, ask questions. Do not worry about buying the currency, that doesn't matter, discussing the project is far more interesting. We are young, I imagine that any purchase at any price within the next year or two will be considerably cheaper than in 5 years time, so there is no rush.

Learn first, invest later - we are here to answer your questions, but please take the time to get familiar with the information already provided.
173  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 06:01:21 PM
that is a great explanation - thank you very much.

Smiley

You are very welcome, if you have any further questions please do not hesitate to ask Smiley
174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 05:56:21 PM
question - in this block chain I've observed that block are not being generated at the advertised rate.

There is no such thing as an "advertised rate".

Block: 42105, Target: 69.91 GH/s, Hashrate: 9.81, 9.30, 9.27 GH/s, Performance: 20.41%
Diff: 1953.27040885, next: ~488 (confidence 47%) - Last Retarget: 56.33 hrs ago, change in 375 blocks (~61.25 hrs)

Expect to see blocks on average every 10 minutes for now, until either difficulty changes in 2-3 days, or hashrate increases back up to the target.

so this in the OP in not true?

Quote
Coin Specs
Algorithm: Scrypt
Block Reward: 20 BTM (visual)
Block Time: 120 Seconds
Block Maturity: 720 Blocks (~1 day) to discourage multipools
Block Halving: Reward halves every 3 years, with intermediate decrease every 18 months (20 coins initially, 15 after 1.5 years, 10 after 3 years, etc...)
Difficulty Retargeting: 720 Blocks (~1 day)
Total Coin Supply: ~27.58 million (27,579,894.73108000 exactly)

The OP is accurate, please let me explain how this part of mining crypto currencies works.

Every 720 blocks, the network calculates the speed at which new blocks had been found, and then calculates the effective hashrate needed to find a new block at the target time of 120 seconds.

For the last round of mining, the network averaged at 69.91 GH/s which entailed a new network difficulty of 1953.27040885.

The difficulty therefore determines production speed, if the network remains at the average of 69GH/s blocks will be found every 120 seconds.

Since the difficulty change network hashrate has lowered, so blocks are now being found slower than the target speed of 120 seconds. If the hashrate was higher than 120 seconds then blocks would be found faster than 120 seconds on average.

The difficulty will fall in 2-3 days (unless the network speeds up), at which point blocks will be easier to find, and most likely the hashrate will increase massively as miners notoriously use profitability calculations which do not make any sense. So when the difficulty drops you can expect to see the hash rate increase, perhaps up to peaks of 200GH/s like last time.

For now blocks are being found much slower, 5x slower, than would be most optimal. If you would like to see this speed increase, encourage miners to mine more consistently.

Mining is not a free money printing machine, it is a service, when the network is slower less blocks are found, and therefore less currency created per day.

Satoshi Nakamoto

If he is a member of the team he has not made it known to us, I can confirm that neither main developer is Satoshi, but we have both studied his words intensively and merged his thinking with that of other thought leaders. People like Satoshi are our peers.

Yes, this is what I meant. I feel like BTM is a continuation of Satoshi's work. It's in line with his ideas as outlined in his original Bitcoin whitepaper. Bitcoin is getting more and more mainstream adoption, it's only logicial for step two; the consolidation of Bitcoin's blockchain technology and connected services and by doing so enhancing people's lives.

I wish you guys all the best, I've been silently following this thread (and your other sources) for a while now and I really dig what you are doing.

Thank you very much, we hope to hear more from you as time progresses Smiley
175  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 05:40:22 PM
question - in this block chain I've observed that block are not being generated at the advertised rate.

There is no such thing as an "advertised rate".

Block: 42105,Target: 69.91 GH/s, Hashrate: 9.81, 9.30, 9.27 GH/s, Performance: 20.41%
Diff: 1953.27040885, next: ~488 (confidence 47%) - Last Retarget: 56.33 hrs ago, change in 375 blocks (~61.25 hrs)

Expect to see blocks on average every 10 minutes for now, until either difficulty changes in 2-3 days, or hashrate increases back up to the target.
176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 03:31:59 PM
Don't trade on Cryptsy unless you hate your BTM.

Poloniex - We have reviewed security, and have a great working relationship with the staff, and clear communication channels.
Bittrex - We have not reviewed security but understand it to be created by security professionals, we have clear communication channels in case of emergency.
Cryptsy - Have never spoken to us, and are notoriously slow to respond and prone to error. We would prefer removal from this exchange.

Satoshi Nakamoto

If he is a member of the team he has not made it known to us, I can confirm that neither main developer is Satoshi, but we have both studied his words intensively and merged his thinking with that of other thought leaders. People like Satoshi are our peers.
177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 02:50:09 PM
We're working on specifications to encode addresses inside the mark heart, 2^112 with a check block. Possibly 2^288 (crypto coin addresses have a space of 2^160)

mark heart can be added to any product in the world so you can give credit to the original designer / creator.

it can dual encode, and dereference data, so you can mark the wearer of an item of clothing or the items creator

there are infinite possibilities and applications

character models for your kids, with the mark heart on them, so you can mark them for good behavior, it's digital rep+pocket money, a replacement for the piggy bank.

stickers, badges, bumper stickers, laptop/tablet/mobile covers, keyrings, jewelry, like anniversary gifts, necklaces and stuff like that with matching earings
there's bracelets from the designer pandora, with little charms which go on bracelets, you could make them for that too
cups, mugs, pens, mousemats, corporate gifts

every product in the world can have one on, so you can reward any designer / creator, or even pay for the thing.

over time it could even change shopping, where you pay for the thing by marking straight to the creator, and pay a fee to enter the shop, or just mark them on the way out.

it can also help with say ticket fraud, if each ticket had the mark heart on it, and that is how you paid, the any reproductions or fakes would send funds straight to the creator, and any distributor or reseller couldn't charge over the odds, because the funds would go straight to the people who should get the funds.
178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 22, 2014, 11:10:57 AM
Mentioned Bitmark (again) in my latest article. You guys just won't slow down will you?

http://bitcoinist.net/todays-top-dogs-9-21/

Thank you, and no we won't Smiley I see you wrote

Quote
With plans of my own to develop something in their niche

Perhaps we can help you with that, would you like an invite to our team environment on slack? If so, please pm your address and we'll send one straight out.
179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: September 21, 2014, 11:46:45 PM

Some news for you guys, we're running a Beta of SimpleMulti. Note that we don't have a profit switching port up yet - but we have just enabled payouts in BTM.

ETA on the profit switching port is a week or two.

Now we have a multipool paying out BTM, and a great one at that Smiley
180  Alternate cryptocurrencies / Mining (Altcoins) / Re: Can you create a multipool paying out BTM on: September 21, 2014, 11:44:17 PM
Any news regarding a multipool paying in BTM?

Some news for you guys, we're running a Beta of SimpleMulti. Note that we don't have a profit switching port up yet - but we have just enabled payouts in BTM.

Current mining options are

  • LTC + Merge mined DOGE, SYS, ULTC, PTC, TCO
  • DRK - will be up in a few hours
  • Vertcoin + Merge mined MON - will be up in a few hours

ETA on the profit switching port is a week or two.

Great, now we just need:

  • BTM + Merge mined DOGE, SYS, ULTC, PTC, TCO

Thank you Smiley
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