it wouldn't be trustless though. you could be the pope and people would still not trust him 100% to hold their tangible currency. big dilemma....
Perhaps in a future where all transactions are digital and all banks are on publicly accessible blockchains, we could have such a utopian system. I think that we all have to ask ourselves is: when i say i need funding to complete a set of tasks, do you as a user/investor/service provider , see the need and value of what i propose, and are you willing to make a direct "donation" towards seeing the idea become a reality? After which one would review the cost/benefits of giving me the funding i request and make a decision. To encourage donations, there would be major benefits allotted based on how much they helped and these benefits would be perpetual in the systems lifetime. Buying BCR is an investment for some, but a smarter person would invest in the system itself and reap benefits on a grander scale. oh , about the 10btc... I was not even talking about that when i mentioned the trustless issue (or you for that matter) I hope it didn't come off that way..... 10 btc for the code fund is perfectly reasonable................. All ears about that........... |
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I am going to withdraw the offer to bitcoin alts to absorb them. Instead, i'd like to create a two pronged approach to providing easy fiat/OTC purchase of BCR as follows:-
3 million BCR goes into 30000 accounts , all multisig 2 of 2, namely one master key and 30000 client keys. These will be sold for fiat only via website , accepting visa , wire and/or western union.
The credits will have additional rules as follows :-
Redemption before a specific date of our choosing will result in the total coins being reduced ie instead of receiving 1000 BCR, early redemption will get X % less calculated based on time remaining. A redemption within the maturity stage will result in 1000 BCR + default increase in trust rating. We also give a final redemption date, which if it passes will result in all keys expiring.
What this does is allow interested parties to quickly buy BCR online without need for going through BTC exchanges or the overall hassles people face now to reach us. The other batch of 3 mill will be held to see the success of this project, should it work, we use the rest, or if we prefer we can use it to make physical scratch cards that users can to get more people in their locales/work places interested.
The second is mostly just a request for funds, i'd like to raise 10 BTC so i can hire coders to help me resolve the rather large to do list, review code, remove legacy material, bring in some SPV clients and finally finance creation of the above mentioned website.
Thoughts ?
how would you decentralize the fiat funds received from purchased bcr? who handles this money in the meantime? how will it be used and secured? Any form of "decentralization" in this regard....leaves much in the wind, for example visa/mastercards or wire .....how exactly do we go about decentralizing that in any meaningful way? The idea is beautiful overall except when we try to connect to existing structures in the real world. A possible method would be for banknode owners to put up collateral and set up similar services, but then that would raise the problem of us pouring effort into coding such a solution for something that will only be used at most twice. Which would defeat the purpose of the fundraising as we would have used funds into something that is not long term. The immediate objectives of this would be fund raising, accessibility, visibility and a kick start for utility. We could rationalize the coding part if we could have a certain level of certainty that users/service providers would actually use the facility to create and fund their own initiatives later in the lifetime of the project, but that is highly subjective. On the other hand, If we stick to crypto based only funding, then we can decentralize, but that would kill off the objectives of utility, accessibility and severely reduce the fund raising aspect. Just think on it a little.....of the crypto start-ups , how many are funded in crypto? More to the point, the only crypto worth use as a funding start is BTC, maybe LTC too, the rest all suffer the same issue we have - illiquidity. it wouldn't be trustless though. you could be the pope and people would still not trust him 100% to hold their tangible currency. big dilemma.... |
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I am going to withdraw the offer to bitcoin alts to absorb them. Instead, i'd like to create a two pronged approach to providing easy fiat/OTC purchase of BCR as follows:-
3 million BCR goes into 30000 accounts , all multisig 2 of 2, namely one master key and 30000 client keys. These will be sold for fiat only via website , accepting visa , wire and/or western union.
The credits will have additional rules as follows :-
Redemption before a specific date of our choosing will result in the total coins being reduced ie instead of receiving 1000 BCR, early redemption will get X % less calculated based on time remaining. A redemption within the maturity stage will result in 1000 BCR + default increase in trust rating. We also give a final redemption date, which if it passes will result in all keys expiring.
What this does is allow interested parties to quickly buy BCR online without need for going through BTC exchanges or the overall hassles people face now to reach us. The other batch of 3 mill will be held to see the success of this project, should it work, we use the rest, or if we prefer we can use it to make physical scratch cards that users can to get more people in their locales/work places interested.
The second is mostly just a request for funds, i'd like to raise 10 BTC so i can hire coders to help me resolve the rather large to do list, review code, remove legacy material, bring in some SPV clients and finally finance creation of the above mentioned website.
Thoughts ?
how would you decentralize the fiat funds received from purchased bcr? who handles this money in the meantime? how will it be used and secured? |
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Oh and BTW:
I was referring to the BCR wallet about not knowing where to see my receiving addresses
Couple of options... On Send / Receive page, if you have coin control activated, click on that to see addresses that contain unspent inputs, or on the Receive tab you can pull up addresses you've created. From the CLI or RPC console (Debug window > Console), 'listaddressgroupings' will display a list of address accounts but only show addresses that are funded, use 'listaddressesbyaccount <account>' to show all addresses for a given account. Thanks. I figured it wouldn't show up in the input list if its balance is zero. listaddressgroupings does show those that have funds and those that had funds at one point. redeemed bids aren't there though as my privkey is not currently compatible so apparently no new BCR address was created. |
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****FORGOT TO MENTION*****
I used electrum.... maybe that's why?
Please make sure the priv key you are importing is the one for that specific address. I haven't tried electrum, but if the priv key is in a different format , you'll need to convert it. I'll take a look as well. Can you post the address Bitcredit gives you after you import the key? The coins were definitely sent. well that's the thing.. it's not like other wallets.. I have no clue where to see my receiving address and I've clicked everything.... Well if the key is correct , you still have to convert it , hence the link, i think i say some code to get the key. For the mean time, i'd encourage you to use the format that can be imported into any wallet. Eventually i'll write code that will allow you to import other variants of keys.....but as you know, the todo list is ever expanding  er... yeah electrum's privkey is the same formatting as in other btc wallets according to some reply i got on the post above, and you can import them into any other wallet according to him. But yeah don't worry about my issue right now, I'll consider it cold storage for the time being. Oh and BTW: I was referring to the BCR wallet about not knowing where to see my receiving addresses |
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****FORGOT TO MENTION*****
I used electrum.... maybe that's why?
Please make sure the priv key you are importing is the one for that specific address. I haven't tried electrum, but if the priv key is in a different format , you'll need to convert it. I'll take a look as well. Can you post the address Bitcredit gives you after you import the key? The coins were definitely sent. I asked: quick noob question:
Is the privkey in a different format from that of a normal wallet?
What do you mean ? You can export private keys on Electrum and import them later on another wallet (blockchain.info for example) . a private key should begin with 5 or L or K as far as I know . |
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quick noob question:
Is the privkey in a different format from that of a normal wallet?
What do you mean ? You can export private keys on Electrum and import them later on another wallet (blockchain.info for example) . a private key should begin with 5 or L or K as far as I know . oh okay, just trying to import it to another wallet and was having trouble with it, just wanted to make sure the format was the same. and yeah I got mine with the letter L. Thanks. |
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quick noob question:
Is the privkey in a different format from that of a normal wallet?
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****FORGOT TO MENTION*****
I used electrum.... maybe that's why?
Please make sure the priv key you are importing is the one for that specific address. I haven't tried electrum, but if the priv key is in a different format , you'll need to convert it. I'll take a look as well. Can you post the address Bitcredit gives you after you import the key? The coins were definitely sent. well that's the thing.. it's not like other wallets.. I have no clue where to see my receiving address and I've clicked everything.... |
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No, I mean i can get the privkey from that specific address just by right clicking on it and bringing up the context menu..... I just seem to remember someone telling me that the privkeys from these lite wallets were different. |
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****FORGOT TO MENTION*****
I used electrum.... maybe that's why?
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Those who have made bids, please check your wallets , there should be a ton of micro payments coming through starting now, i am running a test of a properly configured miner and need confirmation that the payouts actually get to their destination.
Obviously the payouts will be pushed back to 900 blocks, but for now i am mining them in every block i can solve with my meager power. Once i get confirmation, i'll brush up the code , remove debug lines and push to rc branch, then i can move on to the next part of the upcoming update.
Soooo you are the Santa ...  )))) I started to receive ... great, i'll let it run a bit longer while i take a nap i'll push to rc right now I tried importing my privkey within the GUI... nothing happened. How do I go about redeeming my bids? 1) Ensure the privkey is exactly the one from which you sent coins, 2) Ensure the wallet does a rescan. 3) if the GUI interface chokes, try using the rpc console/ debug console tried with the gui and it just sits there like nothing happening.. typed importprivkey myprivkey mylabel ..........turned it off and on again with rescan and nope... What is your origin address ? 1PEWVhJaaLYuhT8Nor4gVjKn9rDiCWJJEk |
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Those who have made bids, please check your wallets , there should be a ton of micro payments coming through starting now, i am running a test of a properly configured miner and need confirmation that the payouts actually get to their destination.
Obviously the payouts will be pushed back to 900 blocks, but for now i am mining them in every block i can solve with my meager power. Once i get confirmation, i'll brush up the code , remove debug lines and push to rc branch, then i can move on to the next part of the upcoming update.
Soooo you are the Santa ... )))) I started to receive ... great, i'll let it run a bit longer while i take a nap i'll push to rc right now I tried importing my privkey within the GUI... nothing happened. How do I go about redeeming my bids? 1) Ensure the privkey is exactly the one from which you sent coins, 2) Ensure the wallet does a rescan. 3) if the GUI interface chokes, try using the rpc console/ debug console tried with the gui and it just sits there like nothing happening.. typed importprivkey myprivkey mylabel ..........turned it off and on again with rescan and nope... BTW: I do see my address in the dat file |
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Those who have made bids, please check your wallets , there should be a ton of micro payments coming through starting now, i am running a test of a properly configured miner and need confirmation that the payouts actually get to their destination.
Obviously the payouts will be pushed back to 900 blocks, but for now i am mining them in every block i can solve with my meager power. Once i get confirmation, i'll brush up the code , remove debug lines and push to rc branch, then i can move on to the next part of the upcoming update.
Soooo you are the Santa ... )))) I started to receive ... great, i'll let it run a bit longer while i take a nap i'll push to rc right now I tried importing my privkey within the GUI... nothing happened. How do I go about redeeming my bids? |
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kinda getting the nitassin vibe around here  |
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Got 35,300 OCT for sale to the highest bidder. That's 3.3% of the supply.
look last active from dev,,, coin is death Maybe, maybe not. dead it is, no actions any more. maybe the road map was forgotten.. it was a just one of many joe moz attempted scam |
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Just bought the coin a sweet domain VTX.IOWhat are you waiting for  Still looking for a dev. Talked to one and he agreed to code some things for us but my trust on him slowly faded looking at his activity. I have another one in mind but haven't got to talking to him yet. When I bought the domain i was day dreaming about it being some sort of exchange VERTEX and the wallet having the live feed from the site or the wallet honoring it's branding per the word vertex definition - vertex a hub for crypto modules or a collective (intersection) of tech from other open source projects etc........ just ideas like an architect with his ideas and him needing the engineer (coder) to take them to reality. We might start somewhere, coming up with stupid stuff like above but I'd rather that than giving up once again once the scamming devs bail, too bad because he bailed as he saw the chain halt but didn't even make an effort to salvage it. The few of us got it moving and it's healthy but it surely needs a reason to be... we'll see..... hopefully sooner than later. Good thing yobit doesn't require min vol, else we'd be long gone  |
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Ok, I should just explain how the escrow system works:
Freelancer accepts a job which is paid for up-front.
The money is then held until delivery of work AND there are no pending issues.
The freelancer has responsibility in ensuring the work delivered is as described in their advert.
Disputes will mean that the money is held in escrow until the disputes are resolved.
There won't be any restrictions on the size of jobs you are able to offer. If you are concerned that they will not pay, the site ensures that full payment is taken before the job is considered accepted.
There may be cases where continuous jobs are required for an on-going project. The site will allow you to create custom jobs if an incremental payment option is desirable.
RE bolded part: Then, sadly, the coin solves nor proposes anything viable as it would be completely centralized trusting you with our funds, why use this instead of the multiple trusted freelancing websites? The whole point of cryptocurrencies is to be a trustless system.... decentralized.There are multisigs, smartcontracts etc that would be what a project like this would benefit from else I see no use, only extreme risk. |
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got this code now.
bitc. you have done lot of work not needed.
there was far more way easy road to a solution.
this one will have problems normal miner/ node miner thing..
also your current goal adds a safe problem related to the chain.
minor thing.. no worry
I baptize thee the fortune teller troll....... insert 5 satoshis to proceed. I see in your future .... multiple posts in the forums but I will not tell you the topic of those posts. GTFO charlatan.your post is irrelevant. seen your name with many ****coins I think you meant SHITcoins.... Yes, I do play shitcoin roulette and I don't hide it, you gotta filter out the shit like hxx to find the legitimate projects with capable decent people like the one you're posting in right now so stop polluting this thread charlatan. |
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got this code now.
bitc. you have done lot of work not needed.
there was far more way easy road to a solution.
this one will have problems normal miner/ node miner thing..
also your current goal adds a safe problem related to the chain.
minor thing.. no worry
I baptize thee the fortune teller troll....... insert 5 satoshis to proceed. I see in your future .... multiple posts in the forums but I will not tell you the topic of those posts. GTFO charlatan. |
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