|
Joined AD. Core wallet still syncing, but is pretty fast.
Suggestion: can you please provide a static build of Linux executables - I made it to work, but dependencies not trivial (current ubuntu lts)
|
|
|
|
I remember when this thread started - great to see pool going strong! Weather getting colder, BTC hotter, so had to dust off trusty S2 and unleash 1TH/s S2 power. Surprised S2 still works after being forever neglected  |
|
|
|
|
Anyone successfully synced core? Just for fun, pointed to btc blockchain directory on disk, and it sits there for hours with no peers/connections...
|
|
|
|
|
Hardfork would be a big blow to Ethereum reputation. Not going to happen. Vitalik has a choice between Ethereum credibility and Gav, he will select ETH, I am sure. Gav has no control over decisions in regards of platform anymore.
|
|
|
|
|
This is huge, Gav has no way to clean this mess, he is done, both parity and polka. Do they have any QA or bug bounty at all? There is no way to 'fix' this unfortunately, and I hope Vitalik wont fork anything, he has ETH reputation to run...
|
|
|
|
I volunteer to test it next time I am in NYC Interesting and useful project. OpenTable basically took over business of keeping restaurant tables occupied, and it's finally one-click and helpful/easy. The lack of some sort of uniform and secure self ordering system is obvious. I believe you biggest competitor would be Stripe and Square, these guys moving in same direction, but no crypto/blockchain there... Good luck! |
|
|
|
|
This is fantastic area to bring in a new app, surprisingly very under-served. Aside from obviously Telegram (with BIG money behind) and Eijah's Titan/Demonsaw there is nothing good on market.
Thing that scares me - you have very broad scope, it will take year(s) and millions to develop just what Telegram has. Anyways, you release it - I would love to use it.
Quick question - are you only using blockchain as identity provider?
Good luck with the project!
|
|
|
|
Hi szfinx.
Thanks for the questions. Yes, all money raised is invested. Let me explain how the calculation works:
The investment is based on an aggressive gearing model.
What is the essence of gearing? – Using the bank's money (or financing) to increase the size of an investment in order to increase the returns on your investment outlay.
Basic example
You invest 5,1 Ether (X)
We borrow 45,88 Ether (Y)
Total property Investment = 50,98 Ether (Z)
Over time the value of the property increases to 104,38 Ether (T) and the Bank loan is reduced to 10,62 Ether (P) (Due to rental payments)
Over Time expenses = 8,86 Ether (K)
Refer to page 24: SCENARIO 2 – 90% GEARING
Value of coin= [(T)-(P)-(X)-(K)]
Original coin Value appreciation forecast = [(T-P)-K-X]/X *100%= 1566%
[(104,38-10,62)-8,86-5,1]/5,1 *100%= 1566%
Its on page 31 of the white paper and the graph explains it well.
So token value is based on future value of the company.
I hope that helps explain it but I am happy to answer any questions.
So basically investment buys a downpayment on a property and title would be assigned to a lending bank? How you will get a loan from bank - you would need to guarantee payments based on company income or cash in the bank to cover that mortgage? |
|
|
|
Is the system decentralized and contract driven? Can you please describe how the voting for new coins works? For example, company issuing a coin may have strategic reasons not to list it on exchanges until some qualifying event which will determine its pricing. So does it mean coin contract creator still have a right to override decision on coin listing in your system?
Are we decentralized? No. Contract driven? No. You posed 2 very good questions which I will answer here: 1) The voting for new coins works simply. Every single new crypto coin will want to be added onto our exchange, that is a given because it will cause their coin price to rise as it does with any other exchange. Lets just say 100 coins want to be added to our exchange, we will put these coins up for a vote (first ensuring their code has no bugs of course) and then YOU the community, will use your VCTR coins to vote for which new coin/s will be added onto our exchange. Why do we need a coin to do this, you might ask. Well as I am sure you have seen, some exchanges have tried to do voting for new coins before using twitter or reddit or google voting to gauge what the community wants. However, these attempts are always flawed and ruined with coin shills from reddit or whales who buy "bots" to influence THEIR coin getting onto the exchange. With the VCTR coin, there will be none of that. The sole people who use the Vector exchange will be the ones deciding which coins are added. 2) The coin contract creator has no right to override any decision Vector makes. If they are waiting to list their coin on exchanges for some "news" then their coin simply will not be up for vote. On the flip side, they cannot "override" Vector to get their coin onto our exchange without going through the community voting FIRST. I hope I answered your questions sufficiently. Thank you, I appreciate your answers. I think you are on the right track - voters needs to have "skin in the game", without that it's all spam and noise. Good luck! |
|
|
|
|
Is the system decentralized and contract driven? Can you please describe how the voting for new coins works? For example, company issuing a coin may have strategic reasons not to list it on exchanges until some qualifying event which will determine its pricing. So does it mean coin contract creator still have a right to override decision on coin listing in your system?
|
|
|
|
|
Cool idea! But who builds "Digital Land", where it is "stored" and what would be a pricing policy for the pieces of it - is it based solely on geolocation/etc? What can be a use of "premium digital parcel" and why it would be desirable?
|
|
|
|
|
Few questions to you if you dont mind:
- to sell tokens, someone needs to BUY them, if they are not listed on exchanges, who will buy them and how price would be determined?
- architecture? Is it decentralized like etherdelta or centralized?
Please use spell check on WP/site. So many errors, it's painful to read.
|
|
|
|
Everyone realizes bitcoin is open source, right? If there was to be some great improvement upon bitcoin, I would wager that over 51% of the network would welcome an update. Bitcoin can evolve; IF the need is great enough.
It didn't take 51% of anything to create litecoin, same apply for an improved bitcoin |
|
|
|
|
Zerocoin is a great concept but given what the "foundation" is doing, good luck for it to be implemented in bitcoin lol
|
|
|
|
You should have stopped at the first question, the answer to that answer the other too  The transaction is SIGNED by using the private key, this means that anyone can prove it is valid but no one can get the private key. So, no problem!  So the private key you use to sign the transaction isn't compared to some list of private keys which are on the network to verify if it is an existing private key? There is no need for that. Also there is no "list of existing private key". The network just uses the public key and match it against the signed transaction, that confirms that yes, the transaction was signed with that private key. "signing" a transaction=get the transaction and make some operations on it with the private key, the output is the "signed" transaction. From a signed output you CANNOT get the private key so it is secure. |
|
|
|
You should have stopped at the first question, the answer to that answer the other too The transaction is SIGNED by using the private key, this means that anyone can prove it is valid but no one can get the private key. So, no problem! |
|
|
|
And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though.
Does that mean if I reformat all of the computers I've accessed my blockchain.info account (including my phone), then I lose the bitcoins in my account? I've heard your explanation plenty of times, but I don't technically understand it... I'm part of the morons who are relying upon blockchain for my "spending wallet" which isn't too much, but would suck if I lost it. Here lies the problem: people are using bitcoin and related services without having any idea of how it works. Private key? Backup? Wallet? What is that? They just think everything works. So long for the "be your own bank" |
|
|
|
|
Show Posts
