Thank you, would you be willing to give the OP a review later once I have updated it and suggest things you feel need changed?

On another note, I have set the 230MH/s running on the IPM Pool Test for 3 hours. Once the difficulty changes I will do the calculations and report here as to progress and estimates.

And the first block by the IPM Pool has just been found The IPM Pool has a permanent address of bXcNHNYKxbSwqTMguD6CaePPBBXRpXKe4d we need our own block explorer, not urgently

The first few lines of the wiki have all of that information in the form of links link 'Block Time: 120 Seconds (2 Minutes)' which takes you to find out more about each thing.

I will update the OP before the end of the day, to make the pertinent details somewhat clearer.

A question to you is, if the first thing you read was the basic blockchain configuration would you then read more, and would you be here today?

Thank you for the feedback.

Thank you for helping us secure the Bitmark network, and for such a smooth adoption.

We now have 2 major pools, and several people solo mining.

The Investor Public Mining (IPM) Pool will be running in moments also.

Finally, P2Pool support may well be launched by the end of the day too.

The ANN needs updated to reflect everything which has happened today, I will update it before the end of the day.

Thank you to everybody for your consistent support.

Thank you, I will have the IPM Pool running shortly.

Since the difficulty is due to change in 5-6 hours, I will add a proportionate amount of hashing for the current mining day for 5 hours.

82ndabnmedic, this will use approximately 0.04 BTC of your budget and provide 150 MH/s to the network.

After the difficulty changes the calculations will be redone for the next mining day, along with a report on the first part of your investment.


The important information which enables people to make a decision as to whether they want to consider finding out more about Bitmark is in the OP, and the rest of the information together with full rationale are just a link away.

So far it has brought in a wonderful community and has enabled us to progress well with almost 30 pages of very interesting discussion and lots of real world measurable progress.

Who has sent 0.15 BTC? for the IPM Pool Test?

Please let me know.

Yes exactly that. In the future we can hope thin clients will make this a prioritised easy to use feature.

Catch up links for those joining.
31. IPM Pool 3 Day Test.
32. What makes Bitmark distinct.
33. Decentralization of Supply and Distribution and Spreading out the Bitmark Network.
Major discussion points or notices are always added to the OP on a daily basis.

I agree.

For now it may be useful to extol the virtues of using the "coin control" features, as these let you choose which inputs (or addresses) are linked to each transaction. For most common cases, where you do not want Bob to know that you have sent money to Peter, or for anybody to know your full savings, this is sufficient, if a little technical.

For people who really want anonymity all they need to do is go off chain, on to another, and then back. This is simple to do for anybody who really wants to. For example convert DRK to BTC, move BTC to another exchange, convert BTC to DRK and send to a fresh address. Clean inputs. People have been doing this with Fiat for years to erase the trace, the same applies to block chain based currencies.

In my opinion it does not require a technical solution.

Privacy concerns however are fair to address, coin control and documentation/examples on how to use it practically, or multiple wallet support, may address this simply for the common person.

EsteNuno, thank you for posting that link here, we must be aware of our future users needs, please keep the links coming.


I hope it was not too authoritative as the project is very inclusive and relies on open discussion of each matter. Bitmark will not progress under a centralised dictator.

The wall of text is what is in my mind, I am fallible in many ways, and rely on all of you to check each step.

Decentralization of Supply and Distribution and Spreading out the Bitmark Network

I am very happy to see that hashing distribution between individual miners has balanced out well after only a few days. The original rationale over Supply and Distribution is proving to be reasonably sound.

We are currently too centralized with most hashing power at miningpool.co.

Under different threads here on bitcointalk and under dogemining on reddit I have sought community advice as to which other pools are stable, fair, non-multipools, non-switching, and not offering the facility to autoconvert to another currency.

1. xHash.net has been suggested and appears to fit this criteria. I have spoken to them about Bitmark and they have confirmed that they will add support later today or tomorrow.
2. P2Pool support is being worked on and will be ready today. Thank you to TheDirector who both suggested and started this work.
3. Solo Mining is also occurring and to be encouraged, Bitmark has been configured to offer less of a reward more frequently to facilitate fair distribution to all miners.
4. miningpool.co has proven to be communicative and stable, I'd like to thank ethought for his support since the launch of Bitmark
5. The Investor Public Mining Pool Test is ready to get underway as soon as the first investment is in.

Within a matter of hours we should have begun to decentralize our network hashing power, this will bode well for the stability of Bitmark.

If you are a miner, please consider dispersing your hashing power over the coming days. If any guides need to be written to facilitate P2Pool Mining or Solo Mining please let us know.

If you would like to support Bitmark or acquire some BTM, please consider joining the Investor Public Mining Pool Test which will give you the chance to do both.

Thank you to everyone for their continued support and input.

P2Pool
TheDirector and I are testing P2Pool for Bitmark, and have it running successfully. Once we have tested further I will fork the repository, add Bitmark support and create a pull request to the main P2Pool github.

For more information on P2Pool see https://en.bitcoin.it/wiki/P2Pool

Thank you Androidicus and Tiffen both for leading the conversation in this direction.

I will try to explain the best I can, what makes Bitmark distinct.

The Block Chain and Quality Assurance are Bitcoin's main technical strengths. Bitmark builds on these strengths.

Many alternative currencies have forgotten the Quality Assurance focussing on the Block Chain part instead, both are required, code must be kept up to date.

You will see that almost every service which uses BTC has to rely on another service to provide integration, from stores to alternative clients. Think about this: Stores use third party APIs and integrators. Clients like hive and electrum use custom APIs like electrum-server and bitcoinj. Why?

Bitcoin is very good at securing the blockchain, and not so good at providing access to it. Bitcoin's technical barrier is the architecture of the API, how other things access and use the functions and data available. This is a major block on adoption that has had to be covered by (sometimes untrustworthy) third parties.

Bitmark will address this by creating a second API. New services and clients will integrate with the new API, either of their own Bitmark Node or the Public API of Nodes on the Bitmark Network. Existing cryptographic currency services and clients will still be supported by the old API.

If we ensure people can integrate with Bitmark easily and directly, or the Bitmark Network of nodes without running one, document it, provide Software Development Kits (SDKs) in major languages, example code, and example applications and clients, then developers will create wonderful things which use Bitmark.

By taking this approach we can offer the best user experience possible, by allowing people to specialize and compete to offer users a better experience.

Why have one wallet which offers utility when we can have 500 alternative wallets?

Why force stores and business adopters to use fee based third party integrators when we can give them everything they need to use the Bitmark Network easily?

This is Bitmark's value proposition:
We recognise that others can do far more for users than we can alone, and offer users many choices instead of just one thing, so we will enable them to do this easily.
We recognise that the Bitcoin Core team and those supporting it can create a safer more stable core than we can, so we will trust them to do that.
We recognise that the Alternative Coins can offer innovation and compete to find solutions to common issues, so we will trust them to do this and adopt the solutions they prove.
We recognise that all of these points apply to every business sector, if people already micro trust certain services in every day life, then we will also respect and trust them to do this, and help them to ease the flow of money between them and others.

Bitmarks goal is not to dominate or replace what exists, our goal is to fit in with what exists. It is part of a world full of things, let it be used with as many of them as possible.

---

With that in mind, let us cover where we are with a simple plan.

Foundation
1. Engage people who are knowledgeable in the crypto currency community and are 'fair' players.
Constant.

2. Provide a code base that is safe and acknowledged as being 'good' by peers in the cryptographic currency arena.
Complete, maintain this.

3. Establish long term funding for Bitmark which does not rely on investment.
Initiated, Bitmark Foundation.

4. Ensure the network is safe and stable by having a minimum of three major pools.
In progress... miningpool.co, IPM Pool, we need more

Each of the following items progress independently on their own timeline. I will start each area, others will join.

Easing (Technical) Adoption
1. Demonstrate backward compatibility with existing crypto currency services and tools.
Pending... tools, electrum, bitmarkj, multibit, hive wallet, adoption by existing crypto currency services

2. Improve the Architecture.
Pending... data first, improved api, thin clients which use full nodes as their distributed servers.

3. Developer support.
Pending... SDKs, code libraries, documentation, examples.

4. Informative Data Powered Services
Pending... Consider blockchain.info, brainwallet, these can be created quickly and easily.

Ease of Use

1. Multiple Alternative User Interfaces (Many Wallets)
By 'Improving the Architecture' we can demonstrate how user interfaces can be built on top of the API, others can take our work and create alternative or more specific user interfaces for Bitmark.
Specialization with many competing clients offers the user more than we can.

---

To create this is not simple, we need to select responsible service providers and see what they need, look at the integrators and see what they offer, find what they have in common and offer that directly through Bitmark.

Our simple plan does not cover every detail, it is a simple plan to show us where to start, others will join and continue on this work.


Far better to show them some useful things which use Bitmark, things they can use themselves, or already do.


Let's have many wallets built on Bitmark and competing with each other to offer utility.
If they build things on Bitmark, they will bring others.

---

Already we are on the fourth step of our foundation. Bitmark is very young, it is becoming strong. We have made good progress and we will continue to do so if we remain fair and reasonable with each other and share a common vision of what is ahead.

I can confirm that he refused the BTM I offered also.

So I'll help him with early testing instead

Coming back to this now that we have successfully launched on all platforms.

We will be looking to go through this process in the coming weeks, could you let me know whether we should be considering Hive support as an option for the future.

Thank you.

I am looking to compile a short list of reputable mining pools which support a handful of currencies.

The pool(s) must be proven and reliable, not a multipool, not a switching pool, and not offer any facility to convert the currency being mined in to different currency.

Simply a pool which supports a small selection of decent currencies, and allows people to mine those currencies because they want to hold those currencies, not because they want to dump them immediately for profit.

If anybody can recommend any such pool, or if you run one yourself, please reach out.

Thank you.

1. Currently yes only one, others are welcome.

2. Yes you can solo mine. Simply define your rpcuser and rpcpassword in the config file, add rpcallowip as you wish, and set daemon and server to 1 if you wish. The allocation of variables can be found on the wiki. Bitmark has the same API and commands as the latest bitcoin release.

3. Why scrypt? is covered here


Thank you.

Anybody can create any thread as they see fit. For related sub-threads with focused attention in English we have been using the Alternative Currencies section of this forum.

Full details of Bitmark, it's progress and the release can be found on the first post in this thread.

We seek input from potential adopters, user facing services, mining pool operators, and exchanges to ensure that Bitmark addresses all technical considerations they may have.

Current Status
We are beginning a 3 Day test of the mining pool part of the IPM Pool Proposal, in parallel we get to test run the IPM process and create the automated IPM Pool.


This is a full test run of the IPM Proposal which manually follows all details, the test is run on the already created IPM pool server, the real automated IPM Pool with user interface will be launched in 4-5 days.

Two parties have expressed interest totalling more than 50% of the first days maximum hashrate so far.

The 'Investor Private Mining (IPM) Pool' works the opposite way, investors put BTC in to get BTM out, as documented here on the IPM Pool proposal
All hashing power is rented.

The test run will beginning soon I believe, two parties have already stated privately that they will join, I have asked them to say this publicly too in the interests of transparency.

Thank you, and I agree with all that you say Some points which are not clarified in my previous post are as follows

1. Hashrate has dropped as hired mining rigs from those who wanted to invest at launch have tailed off.

2. We do not want to be the next LTC. We have already created, compiled, tested, and successfully released a new scrypt codebase which effectively replaces litecoin's both for our own project and for new scrypt clones (pfennig). Additionally we have configured the block chain to be more suitable to the crypto currency era we are in now. To me the 'next ltc' milestone was passed when we launched, the technical foundation is there. From now we focus on demand and easing adoption, that is our only focus.

I am glad you feel supply has been balanced fairly, that bodes well for us and gives some merit to the rationale of pre-launch decisions documented on the wiki.

As for demand, and focussing on adoption, I hope we can turn the thread back in that direction, as I said in my previous post there are plenty of interesting things to be discussing.

Hopefully no flame suit is required here

I do not wish to flame LTC as I admire many in their community, but technically Bitmark is what you would get if Litecoin was created today rather than years ago. I am sure any non-bias programmer would confirm this as a fact. That is technically only, Bitmark's focus after launch, and budding community (hopefully), are quite different.

Status: We are looking for people to join the IPM Pool Test over the next 3 days.

I am keen to close the issue discussion as quickly as possible, previously I have voiced my opinion


My Proposal
Submit the coin to Poloniex after discussing it's merits with them and their technical needs. This let's us say 'if you want to see Bitmark on an exchange, we feel this one has your interests at heart'.

Users who want to exchange Bitmark can then vote as they like, we would expect it to be several weeks before the coin would actually be added, if successful.

Then we can return to our interesting discussion about moving Bitmark forward.

Things on my to do list include
1. IPM Pool Test, Pool Manager Creation, and Launch
2. bitmarkj so we can have Hive and Multibit support
3. electrum fork so we can have another wallet
4. our new API so we can encourage adoption and have our own thin client which use full bitmark nodes as their data source
5. website, documentation, and tools for users
6. reference API libraries for major languages
7. toys like vanity address generation, firstbits, faucets
8. To launch Pfennig, the clone-able reference implementation of bitmark
9. integration with services like moolah.io so bitmark can be used
10. setting and achieving some milestones

This list is not in any particular order with the exception of 1. the IPM Pool. I would rather be focussing on these things though rather than discussion about exchanges.

No, it is exactly the same as the IPM proposal except that it is run manually. 95% to investors and 5% to the Bitmark Foundation. The figures expressed above are all after the 5% has been applied.

This will help me automate the process to create the IPM Pool management program, create the reports, show the Bitmark community the IPM pool in action, and ensure you as an investor get Bitmark's at the fairest price, while stabilizing and increasing the value of your own investment.

Thank you also

The post has been expanded a little. The simplified part is as follows:


If anybody is interested in joining a three day manual test of the IPM Pool proposal as outlined above, please express interest and investment amount in this thread.