I have no problem with using RIpple, I would have fired up gateways for many coins and assets myself when the rippled source code was released were it not that I was warned/advised that the gateway code that was released was not fit/intended for real use.
-MarkM-
can you explain this 'code not fit/intended for real use'? I'm very new to Ripple, so maybe you should discuss that with Jl77.
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An issuer. Riiiiight.
Please correct the thread-title.
Something like "Datacoin IOUs to be traded on distributed exchange" or, better,
"Datacoin IOUs to be traded on Ripple network".
(Are you so ashamed of Ripple you need to conceal the fact the thread is about using Ripple?)
-MarkM-
you're right. Jl77, please, correct the title. Mark, we have problems with getting on cryptsy (see above). People come to me and ask: where can we buy/sell DTC, we don't want to use bter. So we need to try all possible ways, and Ripple trading will be some kind of test - low amounts for the first time, just checking the system.
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It is really great thing. It will attract more people both to Datacoin and to Ripple, so it will be profitable for both sides.
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Very nice news I hope this will end good for both! As for the starting page its very good. A few proposals: The second image, the promo one, is too. In my laptop i have to scroll like two pages I would make it half the size. Of course so that we can read it clearly though! And under that image i will add at the center something like this(Please fix mistakes): Algorithm: CPU only! No GPU smelter etc. Max Coins: 2,000,000,000 DTC Block Time: 60 Seconds Block Reward: 10-50 (See below) Difficulty Retarget Time: or whatever Premine: None I think thats all for now. Do it if you feel its okay. Its just a proposition All done
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I confirm that. Cryptsy still doesn't want to add Datacoin (haha, they don't have money for some more hundreds GB - what do you think about that?), the only way to buy it is BTEr (coin-e have very low volumes). So we need other ways to trade Datacoin, and Ripple can help with this task after some testing.
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bump for you, it is really sad
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1. This fee is not hardcoded, 'dynamic fee' will be soon built into wallet - just like in Bitcoin wallet. But miners can set their own fees, so transactions with 0 fee can never reach destination. $1.00 per DTC - it was price when DTC costed 0.001 BTC, and Bitcoin price was $1.000. Now it's 0.5$. Anyway, $0.5 for MS Word document is not so much if you're not planning to store hundreds and thousands of documents.
Really ? Source ? AFAIK the fees are hardcoded to 0.05 into Datacoin, you can easily change them to whatever you want using settxfee from the debug console or the rpc command but if you set them below 0.05 the transactions will not be accepted by the network (I have tried it). The fees should get lower ASAP. I am currently working in the envelope protocol described by oocooku I plan to deploy it soon on https://krypte.netSorry cryptrol, I meant that this fee is 'not unchangable', not just 'hardcoded'. Of course, it is hardcoded in common sense, but AFAIK it can be changed without hardfork. Anyway we need to clarify that with oocook5u. BTW: oocook5u is updating repository just now, so maybe he'll appear here soon. Maybe he will answer this question. And what is optimal fee in your opinion?
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BEK to $1 !! Not BTC-tied, but only USD-tied!
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one more bump! Let's show Cryptsy that they shouldn't worry about several hundreds GB for storing blockchain - our DTC trading fees will be much more than cost of 100-200-500 GB SSD drive
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A few more questions: 1. transaction max size is 128kb, right? 2. we can write up to 8 transaction in one block, right? 3. if transaction fee is 0.05DTC, then I pay 0.05DTC for up to 128kb of space. So I pay 0.4DTC for 1MB of space(8 transactions), correct?
1. correct 2. it' correct only if all transactions are 128 KB, unless you can write up to 1024 transactions (1kb min size) 3. no, you pay 0.05 DTC for each KB of transaction
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copy-paste from ANN datacointalk page: Our pool features: * Datacoin support * A 1% Pool fee * Payout transaction fees are not taken from miners' balances * Multiple miner support ** JhPrimeminer (Tested with RdB 4.0) ** Xolokram's Primeminer (Tested with 0.8 RC1) * Block transaction fees go to miners * A high variance payment system * Payouts at a personal balance of 0.5 XPM * 3,400 Confirmation blocks * Individual block rankings for all miners * Room to grow * Two admins (Eadword and KillerByte) * New and improved server We are currently planning to implement the following: * A Chat room * A Lottery * Reduce needed confirmations to 1,000 * And eventually more Cryptocurrencies The share values for each chain length are as follows: 6-chain: 1 7-chain: 15 8-chain: 170 9-chain: 1900 10-chain (or higher): 21000 For information on connecting to our server view our insultingly detailed tutorial: http://xpool.xram.co/tutorialAlso, let me know of any problems that you experience with this pool by posting on this thread. Happy Mining!
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Thank you for the info, I've added the link
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great to see it! Of course, it will help the network to take some mining power from gpool
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I have a few question Is datacoin have some total limit of coins that can be produced? If no maybe we need it.
2 billlion. With current diff (block reward depends on diff) this limit will be reached in 400 years, but really it will take much more time. Also you can find more links and common info here: https://bitcointalk.org/index.php?topic=358592.0
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Datacoin would benefit from an electrum-style web wallet with client side security, and client file deposit/retrieval. Anyone currently working on the web wallet aspect?
We have crypte.net as simple web wallet, but of course we understand that electrum-style wallet can be better . So just now - no, but we think about it, and if there are willing developers (or if they appear during our promotions after holidays), it will be cool.
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I've updated first post, now it looks better any suggestions for changing it?
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