Hi. Your project sounds interesting. How does it compare to RaiBlocks? Are you able to overcome the security issues and lack of decentralization found there?
Bitlattice is not comparable to RaiBlocks or any other block chain solution. As to the structure of Bitlattice, it will not be based on block chain at all, rather on its own platform, the Bitlattice. It will be a lattice structure of nodes with a metric distance between each node. The use of metrics enable shortest vector problem. In the Bitlattice there will be fully encrypted entities that will decide over the state of the bitlattice nodes. Thanks. How does one obtain bitlattice coins in order to support the project? Hi, there are more ways to support the Bitlattice project than to obtain coins. Perhaps you have something you could do for us, if you do please write to us, we are interested in people if you can contribute somehow. You have the email above. As to ICO - it's possible that we'll run limited scale public ICO just to popularize the idea, but first we intend to publish whitepaper together with working prototype. Keep following us here on bitcointalk and twitter for general info/update. I'm not a programmer, but I have a legendary account and can help support you on this forum. Hi xibeijan, you don't need to be a programmer to help us. Please continue to support us on this forum, tell your friends about this project. If you want to participate in the test net please write to bitlattice@protonmail.com, and no you don't have to be a programmer to participate in the test net. Thank you for your support! |
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Is this strictly a currency? Are you guys planning Smart Contracts on your chain?
No, Bitlattice will not be strictly a currency. Yes, Bitlattice will have smart contracts as well but with evolved functionality, more info about that in the WP, and Bitlattice is not a chain as in block chain. |
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Hi. Your project sounds interesting. How does it compare to RaiBlocks? Are you able to overcome the security issues and lack of decentralization found there?
Bitlattice is not comparable to RaiBlocks or any other block chain solution. As to the structure of Bitlattice, it will not be based on block chain at all, rather on its own platform, the Bitlattice. It will be a lattice structure of nodes with a metric distance between each node. The use of metrics enable shortest vector problem. In the Bitlattice there will be fully encrypted entities that will decide over the state of the bitlattice nodes. Thanks. How does one obtain bitlattice coins in order to support the project? Hi, there are more ways to support the Bitlattice project than to obtain coins. Perhaps you have something you could do for us, if you do please write to us, we are interested in people if you can contribute somehow. You have the email above. As to ICO - it's possible that we'll run limited scale public ICO just to popularize the idea, but first we intend to publish whitepaper together with working prototype. Keep following us here on bitcointalk and twitter for general info/update. |
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Hi. Your project sounds interesting. How does it compare to RaiBlocks? Are you able to overcome the security issues and lack of decentralization found there?
Bitlattice is not comparable to RaiBlocks or any other block chain solution. As to the structure of Bitlattice, it will not be based on block chain at all, rather on its own platform, the Bitlattice. It will be a lattice structure of nodes with a metric distance between each node. The use of metrics enable shortest vector problem. In the Bitlattice there will be fully encrypted entities that will decide over the state of the bitlattice nodes. With all due respect, this does not sound like something the average investor will understand. Do you have an ELI5? Sorry, no ELI5 at this time. We are setting up test net now. Everything has not been fully developed and tested yet. If you want to join the test net please write to bitlattice@protonmail.com. We plan to release WP + working prototype after test net. Then we'll probably need help from the community to simplify the technical data for ELI5, if you want to help us send an email to bitlattice@protonmail.com. Also we are reluctant to give away to much info before everything has been properly tested and WP has been released. |
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Hi. Your project sounds interesting. How does it compare to RaiBlocks? Are you able to overcome the security issues and lack of decentralization found there?
Bitlattice is not comparable to RaiBlocks or any other block chain solution. As to the structure of Bitlattice, it will not be based on block chain at all, rather on its own platform, the Bitlattice. It will be a lattice structure of nodes with a metric distance between each node. The use of metrics enable shortest vector problem. In the Bitlattice there will be fully encrypted entities that will decide over the state of the bitlattice nodes. |
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Could you guys put a video describing the system. The project seems interesting, but too many buzz words that distracts average user from the main intention of the project.
Cheers
-bitblaster
Hi bitblaster, we know that we don't publish much details here on the forum, it's for several reasons. First, it's still being developed, second we don't want to give away to much info before the wp is being published, third we are not good at marketing. Now we need to focus on test net, then some more tests and so on, then release of wp + working prototype, then perhaps ICO, and marketing. And during the marketing phase, one way would of course be promotional video(s). At this stage, posting here on bitcoinforum and our webpage, bitlattice.org, are not intended for average users, we will need to adjust it later on for that. Thank you for your patience. If you want to participate in our test net, please write to bitlattice@protonmail.com |
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But when you say 5 dimensions, you can't mean 5-dimensional space right? No longer blockchain !So,your project and your coin will be using alt blockchain? blockchain provide new technology to cryptocurrencies.
what is type of new technology your project will provide to cryptocurrencies?
Bitlattice mitigates many common issues in the classic blockchain, for instance Scalability. Ethereum tries to deal with it with light client, and Bitcoin with Lightning Network. Both their solutions (and many others) are just workarounds. They may work in the short-term. In long - lack of the ability of the blockchain to be scaled is inherent. It’s a one dimensional structure where beginning depends on end and vice versa. There is no good solution to split it. With multidimensional (3+2) scheme of lattice there are actually several strategies that enable scaling. Both atomic and more general. And it’s inherent. So, in simple words, an inherent feature of the blockchain is it’s un-scalability, INHERENT FEATURE OF LATTICE IS SCALABILITY. lattice's clusters can operate independently while still retaining integrity. Thus there is no need of full nodes when certain network saturation is achieved. Because most of the info isn't stored in blocks – it’s stored in the subtle structure of lattice. In homomorphic transformations leading to certain arrangement of lattice (using a rather popular science analogy - it's like the data storage in a hologram. Not exact, but gives an idea). All in five dimensions (because it gives enough capacity for the system itself to live till the end of universe without risk of being overflown, while still being easy to calculate). So, this system is planned to be scalable from the very beginning. Also, what is actually impossible with a blockchain solution, lattice enables concurrent operations (as long as they don't cross the boundary of two or more clusters that are subject to some operations). |
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Are you guys planning to have a ICO any time soon?
The schedule looks like this: Next phase is private test net, then wp together with a working prototype, then perhaps ICO ("As to ICO - it's possible that at the end of this year we'll run limited scale public ICO just to popularize the idea, but first we intend to publish whitepaper together with working prototype."). Thus there will NOT be an ICO this year. If ICO, we will announce it here on bitcointalk and on twitter, perhaps also on LinkedIn, add Hibryda on LinkedIn and you will be accepted. If you are interested in joining our test net please write to bitlattice@protonmail.com |
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Is there a white paper or any technical documentation on how it works? It sounds very interesting...
Not yet, WP will be released with a working prototype sometime during Q1 2018. We are now preparing for test net. If you want to join the test net please write to bitlattice@protonmail.comRegarding technical documentation: "As to docs - some kind of doc resource already exists, but as the project is under heavy dev it's far from being either consistent or reliable still. " |
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Smb sold big amount of UTC today...
And smb bought big amount of utc... |
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The future is what you make it, nothing more, nothing less.
There are some things going on behind the scenes regarding Ultracoin. Be patient. Keep mining and staking. Support the network. Usukan said there will be announcements in due time. Please read previous posts.
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Dev, where is your team?
Where are you? |
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So, no update for some time, just wanted to let you know that Hibryda has now implemented fully homomorphic encrypted entities into bitlattice.
Hibryda is still coding and developing.
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WTF happend to this coin i invested and hold it in 2014 it was worth more than 1$ per coin , i come to check it now in 2017 and it doesn't even worth 1 cent   ?? Welcome back! There will be some interesting times up ahead for this coin, more announcement will come from Usukan when there is more info! Stay tuned... |
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Hi Ultracoiners, how has everything been running with the wallet? Just want to check in and see how things are.
Hi Presstab, thanks for checking in on us, hope all is well! Must say the wallet works pretty smooth since the update as well as the difficulty. Only bug we noticed is that sometimes when staking you will get 0.0 utc greyed in transactions even though you actually get stakes, and the problem is solved by restarting the wallet. I usually gets the bug after clearing orphans after some time. |
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Don't be sad, be happy, cause we're on schedule. Development is in progress. And testing. And coding.
We plan to release Bitlattice at the end of this year or early next year.
Absence of information here doesn't mean nothing is being developed, only that all focus is on development.
Be patient. We won't rush.
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I have approached the exchange Liqui as well. https://liqui.io/AboutWill update any positive progress. Cheers - usukan Liqui say they won't list UltraCoin at present - they are only adding top trading coins during their startup phase. Later maybe - but no quick fix here with Liqui. also - Cryptopia wont list UTC - they quote that its a premine coin. (but they list ETC and won't list ETH?) Cheers - usukan Thanks for reaching out to the exchanges! What about Bleutrade and Yobit? these can not be fix and are changed at every turn so we can not be tell any exact for this and that. How does the bewildered effect influence the twist? http://www.wordgenerator.net/random-sentence-generator.phpWow, this is fun!! The smash tends the ruddy company. |
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I agree with you and please inform us when you have the cost estimate for step 1 and we will see how the community reacts.
I will continue to support financially hoping the rest of the community will follow and support financially as well.
Greetings to Alenevaa!
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