It may be worth pointing it at bitmark when it's released, as the project aims to earn value over time, meaning gpu mining should be viable to begin with, if you are of the nature to back a project, and hold some currency for a longer than usual period, based on merit rather than hype. Seems like I need more research about that. Can you tell in few sentences what this project is all about? here's one I prepared earlier: Technically: Light and stable with a modern codebase, maturing features from the alternative currency sector which benefit users added on a faster timeline than bitcoin. Think of it more as standardization rather than innovation. User focussed: Most development effort and innovation goes in to making bitmark as user friendly, and simple to integrate with, as possible. Adoption: In line with being user focussed, all marketing and outreach will be to potential adopters, such as microtransaction marketplaces. The project is crafted in such a way that encourages all involved to focus on adoption. Earned Value: no hype, no rush to get on exchanges, no ipo, premine, it's not a cash cow, it's a project to make a viable every day currency, any value will be earned. Longevity: 0.250% (max) of the block reward goes to the bitmark development fund, supporting long term dedication to to the project, and future growth as value grows. Distribution: A configuration which aims to ensure fair distribution whilst using proven PoW which has had substantial investment in hardware. So, no hype or gimmicks, just a project which focusses on becoming a stable every day currency. Remember the days when the first bitcoins were gifted to each other, when buying a pizza was a milestone, when it was about developing a useful currency, when we asked how can we get x to use this, rather than what it it be worth tomorrow? this is about getting back to that ethos, whilst recognising the space has moved forward. Project Status: We are close to releasing the first clone-able reference implementation (technically already complete), it's 90% of the bitmark foundation and serves as a modern, tested, codebase which other can fork and use to make their pump and dump clones. They're going to do it so we may as well ensure they're using safe tested code rather than copy and pastes of redundant code. |
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needs work, but maybe something like this?  or scaled and in context  |
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Is Bitmark out yet? Exchange or mining?
Cloneable Reference implementation will be soon. Bitmark needs more work before public release. Mining will be available on release, temporary test/main network mining is already underway. These blockchains will be reset before launch. Exchange, no plans and don't care, if and when it gets added to any exchange will be because it's earned some value. logo
Perhaps you can think of some words that you feel you want to be represented in the logo. Like secure, long term ect. Things like that maybe? If there's a message you want to convey with the logo then that might help. Modern or classic style? Old world currency influence or modern design trend? I like the classic ornate design of old "Mark" coins, however this is a new software project in a new world, this ornate art has a place, I personally would like to see it applied to future physical bitmarks, and artwork for paper wallets and bitmark artworks. For the logo I like the simplicity and modernity of Bitcoin's newest logo incarnation. Solid block color, modern, simple vectors, and it's distinguished. Modern, simple, easily recognisable, distinct. For this reason I'm happy to go with purple as the primary color, with the symbol in white. see mymenace's original conceptThe symbol is the problem. Any variation of B will be too similar to bitcoin. BM is a candidate, the deutsche mark symbol was a simple DM in capitals. My only concern is that it may look a mess when converted to a tiny icon. M should probably be avoided, and kept in case the Mark ever becomes the daily currency. It looks like I am suggesting a white BM, slightly modified, on a purple circular background... Unless somebody can think of a unique symbol which isn't simply the initials of BitMark? Perhaps the negative space creates a symbol.. I'm really interested to hear what the community thinks or suggests. Would anyone here want to be on a podcast (via Google hangouts) next week and talk about some of the stuff in this thread?
How to do this pseudonymously.. Thanks again for all the input. |
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logo designMymenace has kindly responded and asked for the following information in order to design a logo for the project: - currency symbol
- symbol type design (instead of a letter or currency symbol)
- color that would be best (purple is unique at the moment and represents royalty)
I will think on this, if anybody else has any input please feel free to offer it up. update- bitmark core wallet cleaned and all functionality verified and modified as applicable
- bitmark: scheme url support added and tested
- various unit tests updated and passing
- various documentation updates
- message signing/verification and wallet encryption tested
- block chain difficulty adjustments checked
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IIRC, historically not much ever happened on the 4th, probably because larger traders were enjoying themselves rather than buying or selling.
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What the OP described is called "cornering the market". When someone tries to buy all the world's supply of a scarce asset, the more they buy the higher the price goes. At some point, it gets too expensive for them to buy any more. It's great for the people who owned it beforehand because they get to sell it to the corner at crazy high prices. As the price keeps going up and up, some people keep holding out for yet higher prices and refuse to sell. The Hunt brothers famously bankrupted themselves trying to corner the silver market in 1979: "Brothers Nelson Bunker Hunt and Herbert Hunt attempted to corner the world silver markets in the late 1970s and early 1980s, at one stage holding the rights to more than half of the world's deliverable silver.[1] During Hunt's accumulation of the precious metal silver prices rose from $11 an ounce in September 1979 to nearly $50 an ounce in January 1980.[2] Silver prices ultimately collapsed to below $11 an ounce two months later,[2] much of the fall on a single day now known as Silver Thursday, due to changes made to exchange rules regarding the purchase of commodities on margin.[3]" http://en.wikipedia.org/wiki/Cornering_the_market |
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I could maybe make a logo, but I do not have any experience with like design, just photoshop. So if you know like what you want and I can make it from stuff on Google images I could do that.
I have also read a few books about online marketing and Guerrilla marketing and studied the history of Guerrilla theater and stuff. And I am pretty well known on a few different forums and I have a Google+ and stuff, so I can share the coin with people there and Facebook and everything.
I'm a firm believe that each person should play to their real world strengths. I am a programmer specializing in architecture, system integration, and standardisation. Hence the project. You specialize in guerrilla marketing, so perhaps concentrate more on plans to target specific sectors or demographics when the time comes, grass roots adoption with small business and single entities will be important. There are perhaps some people around here who would be good to target, but they are the ones who are interested in development projects and adoption, not the speculators. If you're willing to help out with the project that is, any input is appreciated. I'm sure somebody will come along who is a good designer, in the worst case and if I manage to secure an initial development budget I can hire a good logo designer or offer up a competition for the logo. Mymenace already offered one suggestion, of a very good quality, but not quite unique enough IMHO. I may send him a pm and see if he has any further input. |
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I could maybe help with branding.
Thank you, a logo is number one. Professional, simple, recognisable. A brief overview needed, anyone?
Technically: Light and stable with a modern codebase, maturing features from the alternative currency sector which benefit users added on a faster timeline than bitcoin. Think of it more as standardization rather than innovation. User focussed: Most development effort and innovation goes in to making bitmark as user friendly, and simple to integrate with, as possible. Adoption: In line with being user focussed, all marketing and outreach will be to potential adopters, such as microtransaction marketplaces. The project is crafted in such a way that encourages all involved to focus on adoption. Earned Value: no hype, no rush to get on exchanges, no ipo, premine, it's not a cash cow, it's a project to make a viable every day currency, any value will be earned. Longevity: 0.250% (max) of the block reward goes to the bitmark development fund, supporting long term dedication to to the project, and future growth as value grows. Distribution: A configuration which aims to ensure fair distribution whilst using proven PoW which has had substantial investment in hardware. So, no hype or gimmicks, just a project which focusses on becoming a stable every day currency. Remember the days when the first bitcoins were gifted to each other, when buying a pizza was a milestone, when it was about developing a useful currency, when we asked how can we get x to use this, rather than what it it be worth tomorrow? this is about getting back to that ethos, whilst recognising the space has moved forward. Project Status: We are close to releasing the first clone-able reference implementation (technically already complete), it's 90% of the bitmark foundation and serves as a modern, tested, codebase which other can fork and use to make their pump and dump clones. They're going to do it so we may as well ensure they're using safe tested code rather than copy and pastes of redundant code. |
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But are there any coins with good potential? For this GPU is nonsence to mine scrypt now.
It may be worth pointing it at bitmark when it's released, as the project aims to earn value over time, meaning gpu mining should be viable to begin with, if you are of the nature to back a project, and hold some currency for a longer than usual period, based on merit rather than hype. |
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I'm running the Bitmark project, which should serve to benefit the crypto currency sector. After taking feedback from the community I've worked out a fair long term development fund. The project is currently in need of urgent (minor, one off) funding in order to keep momentum and pay for some resourses. I've already put out details and an alternative proposal to IPO funding. Do any of you have alternative approaches that may be viable? Is anybody willing to take a small punt on a legitimate project? Thank you for any advice.
ClarificationsI must be honest in what I will have at my disposal: - a) A development fund of the currency from the 0.250% block tax
- b) An amount of personal coins which I will be legitimately mining myself
- c) I'm a working man with an income which varies from month to month, some months it has more disposable income than others
I've calculated the cost of all resources needed to be about 0.6 BTC. In return I could offer a portion of A for an agreed time. Also, If required a percentage of B for an agreed time. In the worst case, should the project have zero value I could recompense from my personal income. A+B have an unknown value, which we must assume to be zero, but that we hope to be higher. Perhaps part of the problem is that this is not a pump and dump with "10000% gains tomorrow!", it's a long term development project who's value will be earned rather than presupposed. If it helps any, part of the project entails making a clone-able reference implementation available to the public so that we can have clones which at least use a stable new codebase, hopefully that alone has some value. ---- I could suggest a get out clause where if the bitmark supplied hasn't reached a valuation exceeding the investment by an agreed date and the donator feels uncomfortable holding them longer, I personally guarantee to pay back USD amount investment + xx% as a minimum return on that date, in return for the bitmarks back. --- Give credits to donators somewhere in the client (in the about screen showing current version etcetra) and on the website. Special thanks to CoinHoarder for his valuable contributions to the discussionThe bitmark project is progressing well, with the first reference implementation technically complete. The quoted issue is urgently needs addressed. Can anybody offer any further insight, or help? |
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qt complete, reference implementation nearing completion
I've compiled and tested the user interface of bitmark core using qt4 and qt5. All works well. I've been using it on multiple computers for the last few hours.
The clone-able reference implementation of bitmark is now technically complete.
Work is now focussed on minor informative changes, branding, and ensuring the RI release of bitmark meets the quality expected.
The project desperately needs help with branding, help to fund a dedicated development server and some graphical resources, see previous posts for details.
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Does this have any side effects we may not be aware of?
Nobody has mentioned the human element, the software or website you use with a custom algorithm may change their algorithm, or disappear, leaving you wondering how to rehash your pass phrase to make it work... |
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First transaction on the (temporary) main network: ./bitmark-cli sendtoaddress bLkHn1UNGQmJkbZS2FF4AVcB4MzD2zkBr3 30
39582cddb4a00977f6c29fb5f18a6b34a521d74bd47311ef2585fbff98037517
{
"account" : "",
"address" : "bLkHn1UNGQmJkbZS2FF4AVcB4MzD2zkBr3",
"category" : "receive",
"amount" : 30.00000000,
"confirmations" : 16,
"blockhash" : "57acfdcdff0d2b229eebab8313857694fbf371be510b9d95d6f9ee4256b8c81d",
"blockindex" : 1,
"blocktime" : 1404349722,
"txid" : "39582cddb4a00977f6c29fb5f18a6b34a521d74bd47311ef2585fbff98037517",
"walletconflicts" : [
],
"time" : 1404349591,
"timereceived" : 1404349591
}
Happy  |
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Acutally you may have not opened that port by default and if you get no more than 8 connections then it seems that it isn't open so i don't know why you're claiming that it has to be opened and that you wouldn't be connected.
Because: 1) the P2P port is always open by default (it has to be, that's the point of a decentralized currency) 2) port 8333 is bitcoins default port, not a random alternative coin 3) having 8 connections per node is enough to make a strong network without overloading any specific node I didn't mean any offence, rather I was trying to also help somebody who wanted to support crypto's in a non financial way, as you were. Can we try and keep it as helpful as possible for those reading |
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Everyone needs to start thinking HOW COULD I GET MY MOM TO USE MY NEW COIN WITHOUT ME HELPING HER
Abstraction. If you interface with a coin through a recognisable medium, it's easy to use. for example: think of a paypal/skrill UI web based program which hooks in to any wallet you specify, or a one provided by the website owner. not limited to this, but it's a start. I think eventually people will realize that people on "the outside" don't trust people that they have never seen the face of, and that that is like 25% of the problem with Bitcoin. Many people don't even KNOW of anyone that has been on TV or anything because of Bitcoin. If it were not for the Joe Rogan Podcast I would have personally never heard of David Seaman or Andre Antanopolis, I would have only heard of Gavin Anderson and Satoshi Nakamoto and that is from reading stuff HERE. SO. The solution to this will be wallets at ALREADY trusted sites. Ex: Imagine Bitcointalk.org profiles came WITH wallets. Do you think more people would trust that over a website that they can't communicate with directly? If there were wallets associated with our accounts, we could all complain when they messed up and stuff, and people like to be able to talk to the people holding their stuff. That is why MCXNow was so successful even though everyone here always hated on it. And once people start showing their faces more and Bitcoiners start getting put to known public faces, it will start to move a lot faster. Like if Joe Rogan himself announced that HE owned Bitcoins and supported Bitcoins and told people to make their own coins in a short video (or if there was a 'show you face' thread here) people would start to feel like they should get involved and wonder why they haven't. I'd be interested to hear your comments on https://github.com/coinsolidation/bitmark/wiki/Microtransactions-and-Microtrust - it seems to fall in line with what you say, bootstrap existing real world trust. Yes, that is perfect. If someone were to implement that, eventually sites like Amazon would realize that THAT is what they should be doing. People should be able to trade bitcoins for Amazon coins, or money for Amazon coins, then spend those coins on Amazon. It could eventually completely replace gift cards for ALL companies, they just have to make their own Micro currencies based on coins. That is what the Bitmark project is all about, and is the focus for the next round of development. I would appreciate any discussion on thread about approaches to this, target markets, potential early adopters, and so forth. |
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When you have the wallet for your crypto currency running, it is a node on the P2P network.
Discount previous comments about opening ports, they are open by default (otherwise you are not connected and your wallet doesn't work!)
You can also become a fixed node, which is running the software on an ip which doesn't change. This often entails using a server, and using the altcoind instead of the altcoin-qt, so that it runs in the background without a user interface.
Some coins based on newer code bases also allow you to run an altcoind without having a wallet attached, this allows you to support the network without any wallet functionality (or funds!) on the server.
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Everyone needs to start thinking HOW COULD I GET MY MOM TO USE MY NEW COIN WITHOUT ME HELPING HER
Abstraction. If you interface with a coin through a recognisable medium, it's easy to use. for example: think of a paypal/skrill UI web based program which hooks in to any wallet you specify, or a one provided by the website owner. not limited to this, but it's a start. I think eventually people will realize that people on "the outside" don't trust people that they have never seen the face of, and that that is like 25% of the problem with Bitcoin. Many people don't even KNOW of anyone that has been on TV or anything because of Bitcoin. If it were not for the Joe Rogan Podcast I would have personally never heard of David Seaman or Andre Antanopolis, I would have only heard of Gavin Anderson and Satoshi Nakamoto and that is from reading stuff HERE. SO. The solution to this will be wallets at ALREADY trusted sites. Ex: Imagine Bitcointalk.org profiles came WITH wallets. Do you think more people would trust that over a website that they can't communicate with directly? If there were wallets associated with our accounts, we could all complain when they messed up and stuff, and people like to be able to talk to the people holding their stuff. That is why MCXNow was so successful even though everyone here always hated on it. And once people start showing their faces more and Bitcoiners start getting put to known public faces, it will start to move a lot faster. Like if Joe Rogan himself announced that HE owned Bitcoins and supported Bitcoins and told people to make their own coins in a short video (or if there was a 'show you face' thread here) people would start to feel like they should get involved and wonder why they haven't. I'd be interested to hear your comments on https://github.com/coinsolidation/bitmark/wiki/Microtransactions-and-Microtrust - it seems to fall in line with what you say, bootstrap existing real world trust. |
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Have you considered setting some constraints? First, what is the ideal distribution, secondly what is an acceptable distribution.
Proving identity is hard, especially on the web.
It may be worth considering what each person has a limited supply of, and easy access to. PoW was based on CPU power. For PoS cell phones immediately spring to mind. If you could claim an amount of $coin by sending a text message to a distributing node that could work. It would be open to manipulation, but not so open.
I'm sure there are other approaches, automation is most likely required.
A question which arises is: if all coins are distributed freely, what gives them value? Perhaps this answer is the same as I came to, utility.
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