Don't post in this thread again else I will request to have your account banned for spamming. |
|
|
|
|
another 45% down and you are almost at fair value ...i'm holding out
|
|
|
|
|
good fud keep it up i want btc back to 10k and below before its all back to business as usual ...
I like these news enhancements we get too..
We will crush illegal exchanges and force the legal ones to comply with the laws and regulations = we are totally banning crypto for good.
|
|
|
|
guys isnt cryptobridge our competition ?
Please be serious.... if you understood the deeper mechanisms of blocknet and crypto bridge it is not fair to class them in the same league. Blocknet is a full atomic swap DEX. This is nothing like the form of decentralisation crypto bridge uses. Cryptobridge is better than normal exchanges by far but blocknet is in another league altogether. If i were to rate like this normal centralised exchange 1/10 crypto bridge 5/10 blocknet 10/10 that would be an indication that does not translate to valuation if i were to value crypto bridge at 400M I would likely value blocknet in fully finished form with good uptake at 40 Billion however in terms of speed of devlepment and execution blocknet 3/10 i only hope our great grandchildren are around to appreciate how great blocknet will be when released in usable form for 95%+ of users. the only slower one is maidsafe... we are talking glacial time frame here. Therefore the species/life forms that will benefit from their final product is unknown. |
|
|
|
|
it should do if there is any sense in this market...
solid project works well as a crypto currency 2nd in adoption to btc only
|
|
|
|
|
good name ripe for a reboot to more modern design
|
|
|
|
Thanks for creating the thread. I'm about to make a decision, and the list and comments are of great help for my research.
Very welcome. In depth research is key before making any jumps. |
|
|
|
|
contact good dev teams and get this switched to pos like pivx or something asap.
|
|
|
|
Hi Stone supporters, apologies for the variance in communication over the last two days, a little technical insight into what stage right now, and what is currently filling my time.  A DAG G Transitive reduction of G
If G is a DAG, its transitive closure is the graph with the most edges that represents the same reachability relation. It has an edge u → v whenever u can reach v. That is, it has an edge for every related pair u ≤ v of distinct elements in the reachability relation of G, and may therefore be thought of as a direct translation of the reachability relation ≤ into graph-theoretic terms. The same method of translating partial orders into DAGs works more generally: for every finite partially ordered set (S, ≤), the graph that has a vertex for each member of S and an edge for each pair of elements related by u ≤ v is automatically a transitively closed DAG, and has (S, ≤) as its reachability relation. In this way, every finite partially ordered set can be represented as the reachability relation of a DAG.
The transitive reduction of a DAG G is the graph with the fewest edges that represents the same reachability relation as G. It is a subgraph of G, formed by discarding the edges u → v for which G also contains a longer path connecting the same two vertices. Like the transitive closure, the transitive reduction is uniquely defined for DAGs. In contrast, for a directed graph that is not acyclic, there can be more than one minimal subgraph with the same reachability relation.
With the 'Transitive reduction of G' it will bring some sense of privacy ontop of zk-SNARK's, which effectively will make it more secure than ZCash 
Whilst i don't want to make any promises right now, i'm looking at getting another developer onboard, with the development funds provided, to get the project completed quicker, as its proving to be quite the task and larger than originally expected, are we all happy for this to go ahead? I'm also looking to get a roadmap out the door at some stage!, possibly within the next two weeks, i have quite the treat prepared in terms of a roadmap, just need to get it projected onto a graphic.
I appreciate all the donators so far, and i will be responding to PM's when i can, i will just need a little longer than usual, thank you.
felixando When will you be using escrow for more donations? Escrow, a third-party, for donations? I'm sorry but that sentence does not compute, they are donations, non-mandatory, optional. This is not a crowdsale where people pay me to complete a project, this is a donation based project, and out of my personal supply i have decided to gift donators. I recommend following the thread and waiting for the future release, no commitment required. felixando This is genius imaging if everyone was this inventive. Like every shop I go in and i donate and they give me some produce from their personal stash I have the option of donating to my window cleaner and he then gifts me some of his window cleaning talents. I recommend you using escrow because without it it is unavoidably going to be called a scam. 1. it turns out you produce nothing and are the zeth scammer 2. you code out something but deliberately kept the "donations" (ico) small and narrow ripe for manipulation and market making but making people suspect it is a scam by refusing to use escrow Answer what reason could you have for not using escrow if you plan to complete the project? Why would you not use escrow is the important question because you would get more donations if you did. Are you saying you don't like donations? So what is your reason for not having escrow? its a reasonable question ...lets have a reasonable answer? |
|
|
|
Holla CH,
So I started loooking at Bitbay. Have not downloaded the client wallet yet, as it doesn't seem to work with my ipad, so will do it later on the desktop. I have some questions
1) There are several projects in this space. Some focused on specific market such as Augur is on prediction markets and others such as bitbay which offer several ways to engage with the platform. I know you love bitbay, but why do you think it is better than its competitors? And aside from Bitbay what other project in this space do you like? Just adding as I look into this more but seems quite a few in this space and with quite a bit of tech dev. Sys, KMD, NXT and market specigic such as Augur. Obviously, they will not all succeed - We don't have multiple ebays. How to pick winners from this bunch, and I am sure there are more I have not looked at yet. For me the criteria includes: Strong Vision, Proven Tech, Strong Team, Branding and Buzz (first mover advantage can not be underestimated) Funding. Yes, funding is important as having deep pockets will help get you out of the gate faster, reach a critical mass quicker, and pull away from others in the field. Given that wondering CH how you think the main players in the field stack up to each other?
2) My initial understanding is bitbay solves one of the current problems preventing buyers and sellers from using coins to buy/sell X, and that is price fluctuation. Bay has a rolling peg. How does this work? How does it effect the price of the coin for people holding Bay as an investment?
3) Bay pitches itself as ebay without the fees. How does Bay make money?
4) Bay pitches itself as ebay without the scams. To buy/sell on Bay you have to put up a deposit. Over time as trust is built the size of deposit decreases, but to begin let's look at newbie seller/buyer. So if S is selling X for $100, S puts $100 in deposit. B also puts $100 deposit and sends S $100 for X. If S doesn't send X he loses deposit. If B does not complete contract or something he also loses deposit. In the example I used it is small change, but when bigger ticket $$$$ items are being sold and S has multiple items up for sale then S will have a cash flow problem because so much of S money tied up. Possible it is not feasible for S or B to use the market as too much money tied up in deposits. Is that your understanding of how it works CH or does it work differently?
Look forward to hearing your response and learning more about Bay
Hi these are GREAT questions indeed. These are only my personal views and since I am not a high level designer or coder then these answers are not to be taken on face value you must investigate and verify them yourselves ... OKay, so firstly I do love bitbay. However not essentially for just the reasons people may think. I also love many other of the projects you mention too. All of the REAL projects out there are certainly worth personal and individual investigation. I don't see some of those as direct competitors to bitbay. Sys is aiming at similar things and I like that too but the approach is different. The reason I simply bought more bay was because it was 6x smaller cap at the time and I do like his approach too. However both devs are in a HANDFUL of what I would term super devs here. Investigate all the real projects here sys too he is another top top level developer. The decentralised market places are not really the only feather in their caps. They are both expanding into many other things. The important thing to realise here is if you have a SUPER dev (komodo has one too) then they can design and code out many different things and the project is very dynamic. For example I have heard DZ (bitbay dev) say he is analysing all different approaches dpos, vb's latest ideas on scaling , hash graphs (although these are patented) all kinds of things and is deciding how next to improve bay once he has finished with the dynamic pegging. Now just back to the double deposit escrow system just briefly because although the basic principle can be simple the applications and permutations of it are far to expansive for this thread and indeed probably my mind. Full explanation of it in depth would best come from DZ himself. However what you say could be the case if there were any rules set in stone. It is fully adaptable according the seller and buyer they can adapt the double deposit escrow settings as they like. Also combined with a reputation system you start to see that you can ask for the completion guarantee you feel is suitable. It is simply a way for it to make it very difficult if not impossible for a person to scam you and make financial gain himself. To me it is a great idea and is the only trustless way to have a decentralised market place. The design is also very interesting if you examine it as it makes use of bitmessage. Really though it is a way to conduct trustless contracts and the applications that could be built upon the bitbay core as you can image are vast. Really vast. I believe bitbay was the first smart contract system. It is not as complex as of course ETH but the core functionality is there for so many things and sometimes simple can be very very beneficial as long as it gets the job done. Don't get me wrong even DZ says ETH is a monster bit of work. So next the pegging - I don't mind admitting this rolling dynamic pegging system and the exact mechanisms its works upon are beyond my understanding. However stability in value is the key aim within certain parameters. It seeks I believe to smooth greatly huge fluctuations rather than bolster to a fixed price. Even those things are not really my key reason for loving it so much. It has decentralised governance it , i mean really all the key things you need in a trustless decentralised project. But more than all this I have simply come to believe if he wants something new in the design he will make it. So that is the key thing for me with all of these. Locate developers that have a PROVEN and TESTED track record of being able to take new ideas an implement them into the design. His plans for bay are quite huge but again a lot of what he says is beyond my immediate understanding. I have been watching them beefing up the team lately too and the best part is the developer is the most responsive developer on thread I have found. You can ask him anything and he come and explains it right away. I like bitbay a lot I like lots of these real projects it would be incorrect to say that I thought it was superior technically to some of the others only listed here due to my realisation that an average joe only has only small hope of differentiation at a deep deep technical level. I simply see you can say hey why don't we have decentralised voting and governance then he says sure and makes it happen. Even though he was busy coding other features.. He see's something new that could be beneficial like cold staking for super security- not long later bay has it. Really though I say you must all download the actual bitbay wallet (not the qt the fully functioning bay wallet) and test it out and watch the videos how to use it. I do think there is vast room for improvement on the UI and some of it is complex for the average user but those complex features are just there for those that do need that power. I know they are improving and adapting it constantly. I am looking foward to david finishing the pegging because i know that is a huge and complex piece of work... and adding more of the exciting things he has mentioned. To me it certainly was the best value project out there and still presents outstanding value compared to dreams and talk fantasy projects out there. Let me say if he wanted to make a dreams and talk white paper he certainly could. Ask him about anything crypto related or that any project has proposed. You will see there is nothing much out there that he can not grasp. So anyway yeah.... don't just listen to my personal reasons for liking bitbay go and investigate it all in depth and any questions you realise are beyond my scope then david would have no issue answering you in depth. If people investigate it and think its not as good as another project then they must go for the other project. I am always looking around and still don't see any projects better value. That's just my view. All real projects are worth investigation for sure. Happy New Year CH. Busy over the holidays and missed your wonderful and thoughtful response. thank you,and yes will post some of my questions to the bay team direct. Wishing you a huge CH 2018🌝🌝 Thanks very much and I hope you have a great year too in 2018  |
|
|
|
what is this? an inside deal? how can it be an airdrop that is already closed after 1 day of exposure to the comunity?
We posted it to the channel with a goal of 3k Telegram members. It went viral very quickly and a few hours later our goal was reached. We are very happy to see that our DAG has resonance with the community and we are excited for our next bounty campaign which is being finalized -A/B scam coin you dont distribute like that sorry. |
|
|
|
The next stage of our ICO will be January 12, 2018. We will confirm the start time soon. Spread the word
the next stage of the ICO? |
|
|
|
|
let's keep discussions to coins that meet the REAL projects criteria or is at the very least a possibility of meeting those criteria
|
|
|
|
if the community votes it deleted, it will be, as for me, I hope not, as it is quarks history worts and all If it were real community the other thread would have been left unlocked and people would have a choice where to post. Now somebody will give the stale response 'well, start your own thread' which is obviously pointless. I bought quark at the beginning, kept it through the conflicts etc, but a moderated thread is the one sure sign of a toxic community. All coins are going up now but it is hard to wish well on those that choose to limit opposing views, even if they pretend to be protecting people from bad opinions or fud or whatever. Sorry you are incorrect some of the very best projects are moderated to keep divs away who seek to ruin it for everyone else with groundless shit that has been disproven 1000x Voice your views but if they are disproven then stop voicing bullshit that is proven to be just that.So its simple say what you want so long as you bring evidence or corroborating events to back it up or have it dismissed as junk and leave it at that. Some people are not willing to abide by those reasonable rules so must be moderated out. However over moderation is sign of a scam so needs to be reasonable moderation too else it is indeed sign of scam or wrong doing. My only observation was that the thread was moderated, I never had an interest in the other issues people raised about quark.I am convinced the thread is moderated. Do you attack everybody who does not support moderated threads? Or you just delete their comments? Reread what i have written... it applies to you, everyone else and myself. I was moderated on this thread for asking a simple question so yes it is not always good to have a thread over moderated. However groundless claims positive or negative should be deleted after being confirmed false. I support moderation only being used in cases of proven false information being spouted over and over having been proven false many times before. |
|
|
|
|
anyone got bbr out of that dump poloniex lately?
|
|
|
|
|
votes still trickling in ... strange with a board of 100's of thousands how few real votes on such an important poll
|
|
|
|
not opening the xdn xcn and bbr wallets is totally ground for a lawsuit for losses caused.
There is probably proof that can be found they are using the XDN in the last huge pump to benefit from this retention of peoples coins.
If that can be proven they will likely be shut down
Didn't Polo give holders enough time to get their coins out tho? I'm not sure but I think the usually give a month's notice before delisting and a couple or so more months to get them out of the exchange...? lol so yeah now if you were on vacation for a month polo gets to keep your coins... sounds legit and WHY are the other worthless dogshit alts on polo still available to withdraw for a year or 2yrs after delisting or more?? alts that have no value at all you can withdraw... alts with value we keep them. bittrex allows withdrawal years later polo knows those coins like XDN have value and try to keep them or trade them themselves If there is proof polo has moved those XDN and been trading them else where then they will get fined and closed down. |
|
|
|
|
why do users need to sign address or send 1 coin? just drop it to all those addresses and if some are dead or abandoned then those coins die.
every address on that list gets a share proportional to their holdings and that is the same as burning them then as their share is the same.
|
|
|
|
why do we keep going on about attracting miners?
we need to simply fork a good coin
pivx, or some other up to date good pos coin and coin swap from this old relic to the new code base.
Okay, that would work too. We need to attract devs then its not that hard, say the community agrees to a 1-5% super block in the new code base, get some coder to swap us over to a good new codebase they keep the 1% or 5% and swap it. whitecoin swapped from their old shit to just a simple pos3 and it went sky high |
|
|
|
if one person holds the vast bulk of the coins, controls the network, does not listen at all to the entire community then that is already a project that has failed to be trustless and decentralised.
Yet Byteball has a market cap of about $450 Million USD. Perhaps this is prima facie evidence that decentralization is not necessarily the be-all, end-all in crypto value? IOTA and XRB sky rocketed ...
Yes... ... because of the unit price.
This assertion is made, bereft of any evidence to support it. Why do you claim A is the cause of B? Perhaps those so insistent they know better than tony how to 'make this coin a success' should fork the code and create a new coin. Here ya go: https://github.com/byteball/byteball<redacted due merely to inability to clearly thread counterpoints> We really have two arguments going here. One is: what is objectively correct to raise the value price of Byteball; and the other is what can be done with it. Let's deal with the second one first, as it is shorter and more direct. I already gave you the answer: https://github.com/byteball/byteball. Go forth and forkify thyself. With that out of the way, let us discuss the first. You claim that 'the community wants a lower denomination'. First, where is your data? Seems to me all you have to point to is some handful of disembodied names on some forum on some corner of the internet. And you decry the lack of decentralization. Frankly, I agree with you here. Though I find your specific worry to be trivial - certainly tonych's control over all the validators is a fundamentally more severe problem than some 'control' over the denomination. But again, in practical matters, tonych has pointed out that the fundamental unit is a byte. The fact that it is typically discussed as Gbytes is a triviality. You want decentralization? Lobby the exchanges to make the change. Get off your ass and do it yourself. Amuses me that you go on about decentralization while pleading with the 'central point of control' to make a change. And WhoTF are you to claim that "Tonys actions outside of his coding are actually damaging to the project."? The way I see it, he has put scads of money in my pocket. You? Not so much. And while you seem to assert that decentralization is a necessary property for a coin to succeed, the counterexample of XRP's #2 market cap quite clearly disproves your assertion. "Also let's get some polls for BB so we can tell really how many people want things and dont want it." OK, now you are on to something. Without hard data, your claim of 'what people want' is mere bullshit. So figure out a way to implement a scientifically-valid means of polling the community, and run it. Perhaps with unassailable data, tonych can be persuaded. Or are you waiting for the 'single centralized point' to do that work for you? I get it. The centralization is sub-optimal. I actually agree with you. What can be done about it? Tonych's position is rather clear. Quit whingeing and do something. With all due respect.
Okay let's enter discussion of these points.With that out of the way, let us discuss the first. You claim that 'the community wants a lower denomination'. First, where is your data? Seems to me all you have to point to is some handful of disembodied names on some forum on some corner of the internet.Is it reasonable to conclude that there is a significant proportion of the community wanting these changes since I notice from this thread that there are many voices asking for this and few voices opposing? It is not hard data but if you cant see that is a probable outcome of a poll on here then that is up to you. Are you saying you believe the majority is not in favour given the last 20 pages of this thread? If i go to far in asserting the majority want these changes then that is my mistake although I find it probable that is the case as i said and does not invalidate my point really. The poll again could be problematic on here in many ways Calling bct a strange little corner of the internet in relation to crypto currency is probably again unrealistic. It is crypto central and the very place byteball was born. Your point about requesting the point of central control to bring about more decentralised measures is again unrealistic . I mean if there is only centralised control at this point how else could it become more decentralised without his involvement other than creating a hostile takeover which again is more far fetched? Actually ever going from such a point of central control arguably means the project can never be trustless fully in the future. And WhoTF are you to claim that "Tonys actions outside of his coding are actually damaging to the project."? The way I see it, he has put scads of money in my pocket. You? Not so much. It does not matter who presents an argument nor and idea it is merely the merit of such argument or idea that is important. I present the argument that it was damaging to knowingly go ahead with a distribution where you knew the ICO managers from other projects were going to take huge swathes of your minting. I say also it was foolish to encourage investors with the notion of full moon distributions only to tell them that that was false and that is now not going to happen since we need those coins for dev and marketing.... when the opposing ICO managers have huge bulks of coins that could have been used for that. I mean if you don't think these obvious mistakes even though many persons advised against it are damaging..then again that is a strange view which I would have you justify. Else join me in my view that these knowing actions were damaging. And while you seem to assert that decentralization is a necessary property for a coin to succeed, the counterexample of XRP's #2 market cap quite clearly disproves your assertion. I never said this please find and post where i said that. If you deem success as a huge collusion and market making move to generate a huge market cap then that is a view I can understand. I simply said that these actions do not denote a trustless decentralised project. Success is not something easy to define here. I would define success as a huge REAL natural market cap whilst ensuring a trustless and decentralised project. Let me say though here that i very much LIKE tonych as a peron and I FULLY respect his genius in design and coding. I do not however think he has a clue about market psychology nor marketing nor installing investor confidence. I promote byteball out of respect for his coding and design and actually i think he is very honest too. I have way less financial stake here than i do in many projects that i never promote. I still think BB even with Tony making glaring mistakes in marketing and bringing investors confidence will end up a top 10 project merely on the basis of that he will turn out to be honest and distribute the entire minting in an honest way and that his design will be better than most of the other projects here. He is just making it a way more drawn out and tough route to success. My intention is merely to demonstrate Tony should code and design and other teams for marketing should be formed and that it should move to a more decentralised process for decision making and for securing the network as soon as possible. I am totally willing to discuss any points with you or anyone else in a reasonable manner and if I am proven wrong I would gladly embrace other views. As yet I remain convinced I am correct in what i have said. Your suggestion for me to fork Byteball if I am not happy with the way tony is handling all matters is sadly not going to be possible at this time nor any other time so I will stick with as you say pleading suggesting he decentralises all aspects of byteball as soon as possible and also takes on board feedback from the community as far as they can give valid input. |
|
|
|
|
Show Posts
