Beta

The last week of the IPO has started and the beta is now available.
You can download the beta client here.

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Please note that it is a beta so the code doesn’t work perfect yet.
Two servers are being run in New York and Amsterdam to handle the network load.
You can request funds in this thread or by pm.

Tips
Double clicking on a transaction will open up a detailed view about that transaction.
Right clicking on a name will allow you to view its details or update it.
To generate blocks your wallet must be unlocked.

Requirements
The application requires a working oracle java 7 installation.

The application requires the use of the following ports:
-   9084 TCP: The port peers use to communicate which each other.
-   9085 TCP: The default port that is used for the RPC commands.
-   123 UDP: For access to NTP.

By default the application needs to have access to its own folder to read the settings and data files.

The application uses native libraries and is therefore only usable on the following systems:
-   Windows x86/x64
-   Linux x86/x64
-   Mac OSX x64

Running the application
The simplest way to run the application is to just execute the run.bat/run.sh file.
Running the application using this file will disable the RPC server and enable the GUI.

To run the application command line only you have to remove the –disablerpc option and instead add the –disablegui option. Both the GUI and RPC cannot be disabled at the same time.

To execute a command using the command line execute the jar followed by your command.
For Example:

java –jar Qora.jar help
java –jar Qora.jar getGeneratingBalance XEXed3kUmQMcTNxC4iB9D1u9mmBjudtdS8

The help command will show you a list of available commands.
Proper RPC documentation will be available on release.

Known problems
This is a beta so there are still a few problems.

-   Database file corruption: Closing the application incorrectly can easily corrupt your database and wallet files be aware of that. You will have to recreate your wallet and redownload the blockchain to fix this.
-   Block synchronization: When forked the synchronizer will often orphan too many blocks before it finds the longest chain.
-   Command line speed: The command line is currently very slow. Using it at this point is not recommended.
-   Your transactions might not always show up immediately.
-   Your wallet won’t automatically scan the blockchain when it has been moved. To scan the blockchain use the synchronizeWallet command and restart your client.

Yes on the screenshots the lock icon has a white background if that is what you mean.
The white background has been removed since those screenshots were made.
The gui at this point is purely functional.
Once all the features that we want are implemented the complete gui will get a makeover to make it more appealing to the public.

Noted.

Noted.


It is very easy to create a clone with the current code so it will be obfuscated.
You can always run it sandboxed and I will provide some high capacity servers to make sure there are no problems with the nodes.

It is true that there is no website yet.
This is not a pr stunt trying to hype something before it is released.
There will be a website and a logo before the launch.
I would rather have 1000 people invest 0.00000001BTC than 10 people 100BTC.
Working with 1 share per user was not an option as it is too easy to create fake accounts.

The first week of the IPO is now over.

If you are interested in the public beta next week post here so I can reserve some funds for you.
This will allow you not having to wait for me to send you some.

I have also added a new screenshot showing the Naming Service.

Ofcourse there are similar features.
Users have been asking for decentralized naming service, colored coins and arbitrary transactions for quite some time.
Bitcoin also has arbitrary transactions.
I don't know anything about their POS algorithm or transparant forging so I can't comment on that.
Only the future will tell which currency will be able to adapt the best to its users needs.

This is a completely new source that is not a fork of any other crypto-currency.
Although there are some similarities in the features the implementation will be different.
I haven't followed nxt that much but as far as I understand the development was paid and will stop in a week?

There are no bounties available at this point.
There will only be bounties when after the launch users didn't collect their funds in time.


I have added some screenshots to the first post.

We do not have any problem to use an escrow service for the IPO.

For us there are no trusted bitcoin escrow services so that is a problem.
Please tell us which escrow service you would like to use.

Please note that there will be a public beta before the IPO ends so you can always wait.

Currently we are working on the GUI I will show more details about the GUI soon.

A Proof-of-Stake algorithm that is different from anything that is described here https://en.bitcoin.it/wiki/Proof_of_Stake.

The algorithm will allow accounts to start generating blocks after only 10 confirmations.
Each account will also know at exactly which point they will generate the next block.