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361  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: October 17, 2015, 07:28:55 PM
can someone explain the federated server "system" - who elects them? - why are they limited to 32 etc. pp?

I would like to know too.
362  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitCrystals (BCY) - Innovating the Game Economy with Cryptocurrency on: October 17, 2015, 05:14:41 PM
We are talking about a certain % of buyer that "probably" could issue some charge back (numbers are know for every single category of good and services)

What are the numbers for digital tokens that can be quickly, easily, and anonymously liquidated at high volume?  This has no chance of working.

Sorry, i don't think that you understand the way SOG link between fiat money and bitcrystals.

Yodark saw that cards sold whit fiat money aren't crypto asset, but that is possible to convert those centralized asset it in crypto asset after a certain time (... when any charge back claim is not even possible).


With Visa and MasterCard, do you realize that "certain time" is 540 days (18 months)?



No.

The time is from 7 to 120 days.
http://blog.unibulmerchantservices.com/visa-chargeback-reason-codes-and-time-limits/

 https://chargebacks911.com/chargeback-time-limit/


Yes.  Hit Ctrl+F and do an in-page search for "540" in the page you linked to:

https://chargebacks911.com/chargeback-time-limit/

Please, are you here for the taste of a discussion or are you here to solve a problem?

After 120 days you can use funds not claim for charge back and you can freeze those funds claim for chargeback (till 540 days). Nothing special.

Everdream soft have to wait 120 days for charge backs, then use free fiat money in non reversible transaction and freeze the part claim for chargeback.

Not a too complicated algorithm.

Anyway, it is predictable that the most of the transacion will not generate chargebacks, so everdream soft could work with a 120 days rolling "chargeback fund", a % of the net proceed for future charge back.

I tell you again: It is a basic work for a dumb risk manager.


I have no idea what you're talking about.  Chargebacks can be issued for up to 540 days after the initial charge.  It's easy to look past this when it isn't your income on the line.
363  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Augur - a decentralized prediction market platform on: October 17, 2015, 04:13:07 PM
Rather brilliant move really, and a useful service.

But what does it meant to buy REP "through" Gatecoin?  I thought Rep was bought through the Augur site.
364  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitCrystals (BCY) - Innovating the Game Economy with Cryptocurrency on: October 17, 2015, 04:01:31 PM
We are talking about a certain % of buyer that "probably" could issue some charge back (numbers are know for every single category of good and services)

What are the numbers for digital tokens that can be quickly, easily, and anonymously liquidated at high volume?  This has no chance of working.

Sorry, i don't think that you understand the way SOG link between fiat money and bitcrystals.

Yodark saw that cards sold whit fiat money aren't crypto asset, but that is possible to convert those centralized asset it in crypto asset after a certain time (... when any charge back claim is not even possible).


With Visa and MasterCard, do you realize that "certain time" is 540 days (18 months)?

No.

The time is from 7 to 120 days.
http://blog.unibulmerchantservices.com/visa-chargeback-reason-codes-and-time-limits/

 https://chargebacks911.com/chargeback-time-limit/


Yes.  Hit Ctrl+F and do an in-page search for "540" in the page you linked to:

https://chargebacks911.com/chargeback-time-limit/
365  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitCrystals (BCY) - Innovating the Game Economy with Cryptocurrency on: October 17, 2015, 12:58:38 PM
We are talking about a certain % of buyer that "probably" could issue some charge back (numbers are know for every single category of good and services)

What are the numbers for digital tokens that can be quickly, easily, and anonymously liquidated at high volume?  This has no chance of working.

Sorry, i don't think that you understand the way SOG link between fiat money and bitcrystals.

Yodark saw that cards sold whit fiat money aren't crypto asset, but that is possible to convert those centralized asset it in crypto asset after a certain time (... when any charge back claim is not even possible).


With Visa and MasterCard, do you realize that "certain time" is 540 days (18 months)?
366  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitCrystals (BCY) - Innovating the Game Economy with Cryptocurrency on: October 16, 2015, 09:37:57 PM
We are talking about a certain % of buyer that "probably" could issue some charge back (numbers are know for every single category of good and services)

What are the numbers for digital tokens that can be quickly, easily, and anonymously liquidated at high volume?  This has no chance of working.
367  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitCrystals (BCY) - Innovating the Game Economy with Cryptocurrency on: October 16, 2015, 12:40:12 PM
Quote
Hallo I have a question about Gutemberg:

Will Gutenberg  be a bot that just transform immediately the net proceed for cards in fiat money from google/apple marketplaces first in btc than in bcy in the secondary market or will it be a system managed by humans?

This is a pretty crucial question because a bot ensure much more transparency in the burning process, a Human Managed System could (i say: could) be used in a malicious manner. For example by collecting a lot of fiat/btc time to time then do a cross order btc to bcy on the secondary market excluding other market participant but Everdream soft. In a couple of words: front running.

The answer is : probably not, the reason is simply because AppStore and Google purchase are reversible while blockchain transactions are irreversible. The question is still open now as we are working to figure out the best option for that. For now we are focusing on blockchain only card issuance. When it will come to large public purchase AppStore, a lead could be to allow people to store their purchase off-chain only. After certain time allowing people to convert their asset into a digital asset.
Another lead is to partnership with a bitcoin transmitter company (cicle, coinbase...) to directly offer Bitcoin or BCY purchase in the game without using the store system

But still this is still open to discussion in any case we are going to have this open and transparent.

Mixing reversible and non-reversible transactions won't work.  A buyer can issue a chargeback for many months after their purchase.  You're better off partnering with a BTC payment company.
368  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 15, 2015, 09:23:35 PM
Can anyone tell me why someone would want their smart contracts running on Counterparty instead of Ethereum?  Is there any advantage besides the security of the Bitcoin blockchain vs the security of the Ethereum blockchain?
369  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitCrystals (BCY) - Innovating the Game Economy with Cryptocurrency on: October 15, 2015, 09:01:55 PM
I agree yodark.
370  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: October 15, 2015, 07:10:39 PM
"This brings the cost to enter data back to the expected $0.001/KiB"

So if I have my math right, that is roughly a dollar per megabyte of storage, so to store a duplicate of the Bitcoin blockchain on the Bitcoin blockchain would cost roughly 46,000 dollars?


Sounds like the price should be higher.
371  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitCrystals (BCY) - Innovating the Game Economy with Cryptocurrency on: October 15, 2015, 02:32:48 PM
Wait. So they have offered to give you free BitCrystals, are you are attacking them for delaying it a little bit. and the BCY is FREE ?
You guys never fail to amaze me  Roll Eyes

Also, Do you realise this is a TCG (Trading Card Game) ? What are they going to concentrate on, if not for the cards?


They're trying to bully the admin into honoring their fraudulent multi-registrations.
372  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 14, 2015, 11:11:29 PM
Thanks for posting.  Any information regarding incorporating Counterparty into a project?

What do you mean by "project"?


Any real world application.
373  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 14, 2015, 10:59:33 PM
I was a guest on Robert's Counterparty radio show where I covered the current technical progress we're making on the core Counterparty software: https://letstalkbitcoin.com/blog/post/xcp-weekly-update-18-robby-dermody-and-jop-hartog

To that end, we released 9.51.4 a few weeks back: https://github.com/CounterpartyXCP/counterparty-lib/releases/tag/v9.51.4
It has major performance updates.

Just today, we pushed the "undolog" changes to the "develop" branch (https://github.com/CounterpartyXCP/counterparty-lib/commits/develop), which will make reorg processing almost instantaneous (where before, it could take 15-45 minutes in some cases). This is another major improvement for the core counterparty software, and should be released to "master" within a few weeks, pending some additional testing.

We also made some significant improvements to counterblock, on the "fixes1" branch (https://github.com/CounterpartyXCP/counterblock/commits/fixes1). Those are undergoing testing and will be pushed to master once ready. Counterblock is used by Counterwallet.

And, we are testing counterparty-server against bitcoind 0.11.1, which has been looking good.

Most of this is the unsexy behind-the-scenes work, but they are major strides in helping Counterparty to be a stable and solid option for building a service on, or using in general. For example, Counterwallet stability is much improved over what it was (still not 100% of the way there, but moving in that direction), and the "undolog" updates are very useful for several industry players, like Tokenly.

We have some initial conversations going to possibly identify more long term help that could work on other services, Counterwallet enhancements, etc. This is all very preliminary at this point however, but worth bringing up.


Thanks for posting.  Any information regarding incorporating Counterparty into a project?
374  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: October 14, 2015, 03:01:07 PM
No.
375  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 13, 2015, 10:34:11 PM
Damelon, I have to say I like it.  Who will go about these tasks and what is their motivation to do so?

Have you targeted any markets, angles, channels, or value propositions yet?
376  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 13, 2015, 09:58:05 PM
Specifically how will you provide "PR/marketing/outreach" in order to help bring applications to market?
377  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 13, 2015, 09:18:53 PM
The acquisition of leads to both incorporate Nxt into real world applications/businesses.

Why not put that time/energy/money directly into building a real world application?
378  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: October 13, 2015, 03:48:48 PM
WHY IS NXT ONLY 8 MILLION $? IT SHOULD BE 8 TRILLION $!!!!!!!!!!!!!!


Not until it sees application in the real world.  NXT has a lot of tools but no one is interested in using them.  There is a lot of talk about promoting NXT but the greatest promotion in the world would be using it to build something useful.
379  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 11, 2015, 02:36:55 PM
BitThink, I for one appreciate your comments and analysis which I see as fair and objective.
380  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 10, 2015, 09:39:05 PM
Is there any way to refresh asset balances in Counterwallet without logging out/in?
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