Quote from other thread and translation. Seems like they're gonna allow withdrawals for altcoins after Chinese Newyear, they just posted this on their Weibo (Google translated):
最近让用户担心了，我们将在春节后首先安排人民币以及美元的提现工作，届时用户可以登录验证后提取账户中的余额。其他虚拟币的提现工作将在确保数字钱包安全的情况下陆续开通。首批开通提现的虚拟币将包括NXT，XCP，XTC等。
"Recently allows users worry, we will first arrange withdrawals work renminbi and the dollar after the Spring Festival, then the user can log on after the extraction verify account balances. Withdraw the work of other virtual currency will be opened in ensuring the safety of the digital wallet. The first opening of a virtual currency withdrawals will include NXT, XCP, XTC, etc."
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Looking great so far!
Excited to see what the future holds.
Love how active the dev/community has become.
forum needs a "like" button. Its might be the beans i just ate, but I have a warm fuzzy feeling inside  |
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Glad to see a new crypto follow the CLAM way Proof-of-Working-Stake certainly does align the incentives of the network and stakers more appropriately. Not sure if it qualifies for "innovative", considering we implemented it months and months ago, but it is certainly wise.
Well done! Cheers  Welcome SuperClam I took the idea of static blocks for staking from Cinni's old pre-ann i found on a bitcointalk archive site. so its possible both of us are not "innovative" but that is not important as the method itself is innovative.  Humanity needs to improve on each other to succeed.  Do you agree? We all 'stand on the shoulders of giants', as they say. Indeed. If someone doesn't believe in the open source way; they are in the wrong community.
A bit concerned about how you've hardened the network against attacks....? 20 * 60 * 24 * ? The math gets very big, very quickly, my friend. If you are talking about an attack where someone holds coins for a long time to get more coin age and find alot of blocks with a little amount of coins, getting alot of pos blocks and making a double spend. I made the max age 6 hours. so someone with a few coins can't gather enough coin age to get alot of blocks with few coins. No, I was referencing the block size limit and target block time. 20 MB @ 1 block per minute = 20 * 60 * 24 = 28800 MB max per day. Are you saying the max block size is too large? Well to prevent a ddos attack I can raise the transaction fee to 1 coin. Block chain pruning and similar things will help make this not a problem for the actual use (non-ddos/attack) and attacks alike. I have thought about this and have quite a few things planned. Also Scalability and Anonymity are important for a payment network and finding ways for them is something to strive for. I have thought of ways for off chain transactions to work and further the scalability and also provide anonymous transactions by using multisig addresses and trustless payment gateways. With this we wouldn't even need the 20 mb max block size. But both together would be excellent. I am really excited to work on this coin and Thank you for coming and sharing your thoughts and feedback. I appreciate it. you could make the fee proportional (or even exponential)to the transaction size to prevent an attacker from putting useless data into the transaction and bloating the block. |
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Glad to see a new crypto follow the CLAM way Proof-of-Working-Stake certainly does align the incentives of the network and stakers more appropriately. Not sure if it qualifies for "innovative", considering we implemented it months and months ago, but it is certainly wise.
Well done! Cheers Welcome SuperClam I took the idea of static blocks for staking from Cinni's old pre-ann i found on a bitcointalk archive site. so its possible both of us are not "innovative" but that is not important as the method itself is innovative. Humanity needs to improve on each other to succeed. Do you agree? We all 'stand on the shoulders of giants', as they say. Indeed. If someone doesn't believe in the open source way; they are in the wrong community.
A bit concerned about how you've hardened the network against attacks....? 20 * 60 * 24 * ? The math gets very big, very quickly, my friend. If you are talking about an attack where someone holds coins for a long time to get more coin age and find alot of blocks with a little amount of coins, getting alot of pos blocks and making a double spend. I made the max age 6 hours. so someone with a few coins can't gather enough coin age to get alot of blocks with few coins. No, I was referencing the block size limit and target block time. 20 MB @ 1 block per minute = 20 * 60 * 24 = 28800 MB max per day. This assumes ever block has 20mb worth of transactions every minute. Compare this to bitcoin 20mb fork and its equivalent to 200mb worth of transactions per block. this is extremely high considering most blocks in bitcoin are under 300kb at the current transaction frequency. As far as bitbean is concerned your looking at a problem that probably is never going to fruition in our lifetime. |
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dev has done a lot of work to complete that big 20MB blocksize..
that's so amazing.
Honestly it was a very easy change. No need to make a big deal out of it. Can you explain what you have changed ? I remember some other coins having bigger blocksize too.. just cannot remember what I need to look for... I have made changes other than the max block size which i think are more important like the different proof of stake which encourages people to process transactions instead of only processing a block to get percent interest The max block size change is just to allow more transactions per second so the network can support mass adoption. I love that your seeking mass adoption. Part of adoption is getting the word out and of course acceptance. What plan do you have for this (website, twitter, facebook etc..) |
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So do we have to do something different to make the coins stake? Move coins around or let them sit?
Want to make sure I understand.
Nothing different to other POS really. Just have coins in wallet for at least 6 hours and have wallet open. |
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Can anyone explain that new feature ?
20mg block size and fixed POS reward. This POS reward is actually a clever feature. It gives more incentive to stake, the money supply is fixed and deterministic. To me the POS seems much cleaner and simplistic to other POS coins. |
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we are now pure POS. total supply is 605,789,000
POS blocks moving perfectly!
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Wow interesting coin! I like the 20mb block size and fixed POS reward! very clever dev |
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Leading up to the hack the "cold wallet" was online almost daily.
What makes you think that it was online almost dayly? Sorry daily was a bit of an exaggeration, but there is a number of outputs from the wallet in January. |
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I'm starting to think that bter cold wallet wasn't so cold. Still, in 2015, should an exchange learn in the worst way how to setup a true cold wallet?
Leading up to the hack the "cold wallet" was online almost daily. In fact the whole IO from the wallet looks completely automated. If that was the case perhaps the attacker didn't have direct access to the device holding the cold wallet, but instead a computer which controlled the cold wallet through API commands? Also does anyone know what the small output associated to the larger output is? This small value seems to be transferred to a fresh wallet and slowly diminishes over time. looks like it is in part covering the TX fee. |
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Is there a desktop wallet available for XTC. I held my XTC on BTER and never moved it as I was unaware a wallet existed. I have kept an eye on this thread but never was an update for an actual wallet. Always testnet this and testnet that  How hard is it to provide a simple wallet to hold our XTC? Damn I missed that! I don't understand though why that information isn't in the OP! I guess i will cross my fingers and hope I can get my XTC back through BTER |
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Is there a desktop wallet available for XTC. I held my XTC on BTER and never moved it as I was unaware a wallet existed. I have kept an eye on this thread but never was an update for an actual wallet. Always testnet this and testnet that How hard is it to provide a simple wallet to hold our XTC? |
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Finally something worth following. Will be keeping a close eye on this and of course your future coin.
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can someone provide updated nodes? its been awhile since I synced the wallet.
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Assuming the Bitcoin 2.0 blockchain isn't compatible with the current bitcoin blockchain, there is two realistic outcomes.
1. Hardfork (Most probable scenario)
2. Burning of Bitcoin 1.0 tokens to obtain Bitcoin 2.0 tokens (also very probable, think counterparty)
All other options seem unlikely unless Bitcoin 2.0 is set up a a complete separate cryptocurrency to Bitcoin. This scenario would be very undesirable as far as the cryptocurrency community is concerned.
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any nodes for this coin? Wallet wont sync  Darkgold.conf rpcuser=DarkGoldUser
rpcpassword=DarkGoldPass
listen=1
daemon=1
server=1
gen=1
rpcport=5511
port=15511
rpcallowip=127.0.0.1
addnode=87.121.52.144
addnode=dgold.suprnova.cc Delete everything in roaming folder except "wallet.dat", add above Darkgold.conf file to the same folder and restart the wallet. thanks dev. good luck with your coin |
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any nodes for this coin? Wallet wont sync |
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the question is, how can dev control the mining ? or that was just a network broadcast ? First time blockchain reset i lost some blocks, second time i got no blocks and i started at very low diff ! with 5 PCs. this is bad  yeh i am very confuse how he control , He is using push notifications. This is standard in the bitcoin client. I think there is 2 chains running in parallel atm and dev is trying to sort it out. |
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