zero or above? I'd be surprised if it went lower than zero.

Thank You! I will do that later today.

Everything you need, with lots of detail, can currently be found by following links from the OP. The first two Quicklinks answer every question you currently asked.

Hi DigiByte,

Perhaps I can help you there. I have already forked insight for Bitmark and you can simply copy and adapt the commits.

You will need to fork three repos: bitcore, insight, and insight-api from bitpay

You can find the same respective repos under our github, just check the commits for each and follow the same changes for your own currency.

We also posted two informative issues which may help
1. Informative: Running insight as a service with forever
2. Informative: Ubuntu 14.04 installation

This of course is to help and perhaps save you some time, not to say you can't do it.

Warm Regards,

Mark

Thank you.

I have updated the list of pools on the OP, and also on the soon to be released website

Litecoin.

1.01 LTC in account Lha3GibwqSWAUd9cHjGKuAk2FgPi9oBzGM
Private Key: 6uLTUJjPpKeSz8RUXX9dtuw2qhwMjvLPpp7dLY56U9Rn5v1r1u6

I don't have an LTC client installed and don't want to download the blockchain. Somebody else can have it.

I could write one thousand responses to this idea based on that line, not one of them would be positive.

This is a problem we have to address.

One proposed solution is to have community moderation. A 'spam' button which users can click, it costs a mark to click it, if enough reputable members hit a percentage target then the content is removed and the marks distributed to those doing the moderation. This could be applied to all moderation duties. We plan to try it all out with the community discourse at bitmark.co once it is ready.

The fun part will be creating and testing each thing. Quite democratic, with each action earning or staking reputation+money.

I agree with you, it should become an addictive feeling. Gamification

Not at all, every marking event is handled off chain by the integrations, instant, only transfers between services and for usual transactions are on chain, so it scales further.

In the future that gives scope for larger services to move to sidechain or similar technologies as they are developed. More on that here

Initially we may consider getmarked.org to provide one of the higher volume integrations, any optimisations made to it will be made to the opensource marking system all others use. When it migrates to side chain that too will be proven and available for other services to use too. Each thing naturally follows on from the other.


It could also replace adverts, as each mark given is a small amount of money / remuneration. The network effect is that everybody becomes a paid curator, and every markable resource has a revenue stream.

People simply create or offer things, if they are liked they are marked, each user who marks has their 'share' (marking) marked, and each mark on the the thing created pays for it's creation also.

Perhaps it's fair to say that it's monetized word of mouth.


Each marking can be public or private, and you can have multiple accounts. Privacy is a thing managed by each user and under your control


Perfect. Each card would be global though, you could redeem the Marks on the card at any service which integrated Marking. An auto-sweep of the card is also a good idea, perhaps there are also ways to provide a pin number or 2FA so that they are reusable and reloadable.

I imagine at some point payment networks may be created, where they put physical card readers in physical stores and payments are handled by there (sidechain powered) service. That would be quite nice and foster competition, as you could swap your balances between any card provider, to any service, and out to your own blockchain addresses as you wish.

Such excellent questions, Thank you.

I will presume you are familiar with services like Steam, where you deposit money to your account, and then trust them to handle transactions between users on their service? Consider Marking to take the same approach, everything is documented in detail on the wiki. Typically each service which fully integrates Marking will handle it's own users transactions, all via a provided API and application of course. The Bitmark Blockchain is the glue between integrations, where you can move your currency between services, or to your own personal storage, and back.

Outside of these services and communities which support marking, we have getmarked.org, it is also a service but more like reddit fused with an online wallet. It also features various marking buttons for usage anywhere on the web, they will work in functionality like facebook's 'like' button, where you have to be logged in to click it, or sign up if you do not have an account.

All of this is to dress our currency in ways which are familiar and easy to use. We do not aim to replace what exists, but rather work with what already exists, to add further usefulness and value.

There are many technical concerns and things to address as we develop, we hope that all those using it will join and bring others, to give feedback and ensure we get things right. Natural growth, the first integration will be our own community, we can scale from there.

Remember also it is a cryptographic currency compatible with things which support Bitcoin, that is a string to our bow also, anything that can accept or use Bitcoin, can also use Bitmark too, perhaps with a gentle tweak.

The purpose of Pfennig is to give something to the community, so many coins use old code bases with problems, this is a fresh code base for clones and alternatives to use, one which is tested and maintained.

Pfennig also helps us in the future, innovations can be integrated and proven on forks of pfennig, when ready pulled in to Bitmark. It's the glue between multiple development channels. Upstream it has Bitcoin and Bitmark, side ways Bitmark, and downwards any Alternatives which use it. The idea has also been suggested to have it default to merge mine Bitmark, that could be nice.

I hope that helps answer your initial questions, and welcome you to ask many more

It changes soon at block 22320

Update

Simple BTM 'Value' API: http://bitmark.co/statistics/value

This is for end user usage, and for integration in to services which price goods in BTM. The price is currently displayed in BTC.

The value is calculated from:
 - 4 day average production cost, with mining cost samples taken from multiple sources (currently 5). We will add more sources as they become available.
 - 3 day weighted average market prices. Currently the only market is Poloniex, we will add more as they become available.

Data is updated every two hours automatically.

Thank you.

We are attempting to collate multiple samples of scrypt mining costs together in order to get a realistic production cost for scrypt based currencies.

In order to do this we need as many real world samples from miners as possible.

Please provide publicly or privately your average MH/day cost in $ or BTC, if possible also with details of the hardware used and country or continent.

The more samples we have, the more accurate the data will be.

Yes it is a good idea, people are already working on this in relation to Bitmark, for example a fellow who works for a corporate cerification company is working on models to give away plastic cards preloaded with Bitmarks/Marks as corporate gifts to certification achievers. The use cases being considered so far are:

1. Preloaded plastic cards which contain denominations of Bitmark.
2. Bitmark's as customer loyalty rewards.
3. Bitmarks as corporate gifts.

There is a trello card for this and also further writing on the Marking wiki. See 'Corporate Gifts and Customer Loyalty / Rewards' and 'Corporate Prizes for Customers'.

Thank you Vlad2Vlad, I hope they prove to be fit for purpose.


The system does not exist yet, just illustrative buttons.

I can however confirm, that the functionality will be as simple to use as is illustrated by the button prototypes. So far the system is going to be developed for the bitmark community website, a donation button for a charity, and also a payment button for a service, simultaneously. With your requirements added to the mix, it should ensure a good first version.

I look forward to receiving your message.

Sorry I had missed your messages when my PMs moved on to a new page. I have now seen your message and responded. Thank you for letting me know

It appears to work on the premise that placing another transaction with higher fees for miners should entail that transaction is included in a block before the original transaction. BitUndo have then tried to monetize the process for their own benefit.

No harm would come if used against 0-zero confirmation gambling, as the process if successful would invalidate the first/gambled transaction and also any winnings from it, since the winnings are built using an input from the first (now invalid) transaction.

banned because that was a terrible 1000th post.

tdokta, that is exactly the type of news we like to hear. Please let us, well me, know what I can do to support you and your developer, the Marking system is under development there any requirements can be met, in fact the more requirements and input we have, the better the end result will be.

I look forward to working with you on this also.

Thank you, I am glad you managed to add without any problems or input


Thank you also, another valuable addition.

Update

1. Bitmark checkpoints updated at Block 20675, if you compile from source please update to keep your network secure.
2. Pfennig our cloneable reference implementation is ready, a mini cloning guide is on the repository wiki.
3. Bitmark support has been added to the online wallet Cryptonator, thank you to those who added.

That is a good set of updates for a single day, pool, price charts, online wallet, cloneable IR, checkpoints - Thank you all!