Btw., just thought some more about the Spectre.Cash, I think they will hate it.  For what I have understood, when two people use the mobile-to-mobile cash transfer (with "minted" coins or whatever they call it), it will leave no trace on the blockchain at all! So if everybody only uses this system (which may not be entirely possible, but anyway), the blockchain would not move at all, except for the staking rewards. The way to keep the cash transfer accountable with this setup is, instead of using a public ledger, having a "trust rating" and moving amounts using the "Hawala" system. So when this will finally be operable, it will be very nasty for anyone trying to monitor cash flow in his country. It's essentially electronic cash in its purest form, only transferred directly between humans. From the website: ( http://spectreproject.io/) Spectre.cash is an Android app which will be able to act as a XSPEC node(*) and the functioning of the app can be thought of in three layers that come together to create the ability to process anonymous cash transfers. This can happen on a purely peer-to-peer basis and no server and no central database or register is needed.
We have a custom designed ‘zero-knowledge proof protocol’ that allows an instance of the app to reveal the number of successful trades it has been involved in, but without disclosing anything about those trades, and also without the possibility of the number of successful trades being falsified. Hence, once an instance of the app has been involved in some number of successful trades the trust rating on the network will increase. This will manifest for the user in the form of some value that we will set. This will be according to an algorithm that will consider a range of factors to counter any attempt to manipulate the trust rating. This allows the intermediaries who facilitate the trade to prove their trustworthiness without revealing anything about their prior trades and without revealing who they are or where they are.
Crucially, no record of the trade will remain anywhere once a trade has been completed. Any record is transient and there is no history. If you are simply a client, there will be no trace on your phone that you have ever transacted. Both a new trade request and any available intermediaries ‘announce’ anonymously through a dynamic Distributed Hash Table (DHT) that will register details of the proposed trade so that clients can find intermediaries and vice-versa. This allows the system to be totally decentralized and lets participants be totally anonymous until they mutually agree to trade within the parameters set in the app by the users. The coins will be locked in a secure escrow until the conditions of the sale has been met. This makes the system extremely resilient to any kind of ‘take down’ attempt or control by any state power. Once it’s out we don’t control it, you don’t control it, nobody does.
Holy shit, right? I wonder how many will finally get an idea of where this is heading. |
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Honestly I don't know what kind of change mechanism the Spectre wallet uses. It says it is a hierarchical deterministic wallet, but I don't remember saving a "seed" at any point. Maybe you can go to Slack and ask your question to one of the team members. My concern is,when i only back up the wallet.dat from the original wallet and not the one i'm staking with, that my staked coins could be lost, even if i can see the stakes on my orginal wallet...I'm not sure if this can happen, i just want to be sure.Maybe i better back up both wallet.dat files even if they show the same amount  You can always see exactly those funds that you are able to spend. So if you original wallet shows the stakes, it can also access them perfectly. |
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I don't care if it's on Bittrex now or in 6 months tbh. It will be there eventually, and it will be much earlier than I am planning to sell even 1 ESP in either case.  Be patient guys. |
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So, spectrecoin doesn't change my address after an specific amount of transactions like bitcoin?
Honestly I don't know of such a feature?? Must have something to do with getting a new change address maybe, but this doesn't apply to stake rewards because there is no output in that case. You must understand how all of this works: 1. There are no "coins", there are addresses that are associated with a private key and the value of your funds for that address. 2. If you have your private key, you can access the funds for the respective address. 3. If you backup the private key (which is inside your encrypted wallet.dat), you are safe for all future. Or you can backup the wallet.dat to have the same effect. 4. Note that in Spectre, new addresses and new private keys might be generated automatically when receiving transactions to a "stealth" address, so you have to backup those new keys as well. (Not quite sure about this one tbh., the stealth address itself is also associated with some key so it might be enough to backup that one) 5. If your wallet.dat breaks or is incompatible with a future version of the wallet, the private key that is stored inside will be unusable as well, so it is generally a good idea to backup both, the wallet.dat and the key itself. 6. Note that if you export your private key in clear text, you might want to encrypt that one manually. what is the syntax of "dumpprivkey"?
dumpprivkey -password -address?
because i get the Error: Please enter the wallet passphrase with walletpassphrase first. (code -13)
If you get that error, you have to enter the wallet passphrase with the command 'walletpassphrase' first, like it says. See https://bitcointalk.org/index.php?topic=356943.0And how do i import my clear text private keys later?
With the 'importprivkey' command. There is also an "import wallet" feature in the GUI that you can use to import a previously backed up wallet.dat. You should probably try that first in the case you need it, the private key is just an additional security. |
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hello, i'm staking 24/7 spectrecoins but i have a strange problem:
I'm using a netbook for staking 24/7 with a copied wallet.dat from my original wallet.
The balance is shown as zero but it accepted my password and it has a specific weight for the staking.
So when i look from my original wallet with my laptop i see the correct balance and that the netbook is staking well.But the netbook doesn't even show my staked transactions.
So i have some questions about that issue:
The first thing is that my copied wallet.dat files always show zero balance, even after several restarts of the wallet. (also on different devices)
(i'm using the current self compiled version 1.2.0 for linux )
What can i do about that? My fear is that i can't make correct backups if this problem can't be solved.
It's not your fault, it's a problem in the way the wallet updates the display of the amount and transactions. If you see your balance growing on the explorer and in another wallet, everything is fine. This issue is currently being worked on by the devs. Sometimes it will solve itself by waiting some time or restarting the wallet, sometimes not. Do i have to make copies of my staking wallet.dat file or is it enough,when i make backups from my not staking wallet to not to lose staked coins?
Hope you understand my concerns and can help me. thanks
If you want to be sure, export your clear text private keys with the "dumpprivkey" command in the debug console. You only need to do this once for each address. |
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In China, Sync wallet need vpn app and seting IKEv2 mode. good luck!
在中国，同步钱包需要使用VNP软件且把连接模式设置成IKEv2模式。我使用的是天行VNP，连接美国服务器。 Thank you, bro. It really works!!! Hope dev can develop the wallet and help sync even without special vpn. The price drops a lot yesterday. And I bought some as my wallet can sync. Good luck to XSPEC. I tried also IPsec protocol, it also works! So it seems that China block the PPTP, but IKEv2 & IPsec both work. Can you share this in the Slack and perhaps start a China channel? There is already a China channel, and I think this tip was shared there, first.  |
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What is the espers slack please ?
I am trying to get the slack information myself. can someone please send me an invite?
You can always join our slack guys! Sent me your email / emails and i'll send you invitations.
=> PM gawlea or CryptoCoderz! It is a masternodes coin ?
Not yet, but CryptoCoderz is thinking about making his own version of it so it will come in the future. |
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You are staking, because it says "Staking.". It just takes a really long time until you get a stake, because the network weight is like 5 Billion. It's not as uniformly as on POSwallet, but random, sometimes you will not get anything for 10 days and then 10k ESP at once. But you have to be online for the entire time to not miss your chance.
So, is having a little amount per many transactions better than have a unique transaction with a great amount of coins to have the possibility to stake more times? It's up to you. The advantage of a service like POSwallet is that you don't have to run your own system 24/7. But, they take a little portion of your stakes for themselves, and you have to trust them. Apart from that, the average reward is the same, when averaging over a long period of time. Would that be ESPER2? I have a good amount of these coins, I do not know for sure the price of each one! How much does the unit cost?
Find the price of ESP2 aka ESP here: http://coinmarketcap.com/currencies/espers/The "old ESP" aka ESP1 is only listed on Yobit, and the price is nonexistent because it is not possible to sell your coins there. |
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We need to get XSPEC to a bigger exchange like Bittrex or Polo. We are way undervalued right now especially for a privacy coin. We should be a minimum 5 million market cap.
$5 million market cap isn't that far down the road. But you have to keep in mind this coin is still young. What we need is to get further down our road map, and then getting on a bigger exchange will be more beneficial. For now accumulation and being patient is the way to go.  According to the devs, Bittrex is not far off. Either way, while this coin has not rocketed like a lot of other coins lately, it has had a steady uptrend against the dollar, keeping up with BTC. This is a very good sign for such a young coin. I've been watching closely & accumulating for a while now, and think this coin is going to make another healthy price jump soon. We'll see how the devs do with keeping up with the new roadmap. Their long estimates for dependency improvements, automated build script for 3rd party dependencies & improvement of the Spectre.pro file are around May 21st, so we can expect to see some checkmarks on those items and know movement is happening with the updated timeline. This should inspire confidence and create a price surge, even if small. If they can manage the Tor obfuscation as predicted by the roadmap, by around June 18th, we should then see increased interest from China and others. Then it is going to get real, even without the completed APP. If we truly have one of the most anonymous currencies in the marketplace, then interest will peak without the APP. The APP will be the icing. Until then, confidence in the new roadmap is the next key factor to this coin moving forward. ... Bittrex would be a big plus Hey bud, I like what you are saying! Very solid analysis. Welcome to this community!  |
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Oh wow well I'm glad I didn't use yobit, they seem so scammy anyway. So what I want is ESP2?
You can find all the current markets here: http://coinmarketcap.com/currencies/espers/#marketsEspers was called ESP2 during swap for clarity, but now it's just ESP as it should be. As far as I know, all exchanges except Yobit made the switch. Guys, I can not stake in my wallet, that's weird since I'm 1.9M. In poswallet it yielded about 1k per day. As I do not trust much on third party site, I prefer to use the official wallet. What will be wrong.
stastus:
21 active conections.
Wallet synchronized with the current block.
You are staking, because it says "Staking.". It just takes a really long time until you get a stake, because the network weight is like 5 Billion. It's not as uniformly as on POSwallet, but random, sometimes you will not get anything for 10 days and then 10k ESP at once. But you have to be online for the entire time to not miss your chance. Some social media as slack for news about the ESP?
Official Espers twitter account: https://twitter.com/esperscoin |
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The ICO price of this coin was only 83 sat? Wow. Looks like this coin has been progressing fairly well.
Initial price at listing on exchanges was 2400 sat, current price is 2600 sat. The ICO was more like an over-the-counter funds distribution which almost nobody was interested in at that point, that's why the nominal ICO "price" is so low. Just think of it as "The entire coin supply was distributed to about 100 people for a total of ~17 Bitcoin". That's how this project started. It's far from optimal, but there were simply no more people who were willing to invest money into this during ICO. |
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Hey CryptoCoderz, do you plan on making a discord, or any other live social media server for people to discuss this stuff specifically for Espers? I'm strongly considering putting 6 btc down over the course of a week to eat away that 1 satoshi wall on yobits. You guys seem to be working really hard, and I would love to be a part of the community. Yep, come to Slack! Buying ESP on Yobit is probably one of the easiest ways of burning money that I know of. Those are pre-swap funds that don't have any value any more because Yobit refused to swap them. |
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Even 50% of the total supply locked in MN seems optimistic to me, so i think we could get around 200 MN active max with 25 mil masternodes (and i'm still being optimistic). Really not too many.
MNs have value because the underlying currency has, not because you need to buy 10% of the total supply to set up one
You have a point, sir. |
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Best example is DASH, for DASH you need 1000 coins = 83.000 US$.
See why I keep saying that 25M ESP for a masternode is not enough? At this point, $83.000 of ESP would be 1.9 BILLION. Per masternode. Of course this is not comparable, but you get the point. It doesn't have to be "affordable" for the average Joe. |
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Note that price on Yobit is still 50 sat, although Bitcoin price has doubled during the past few months ...  I'm buying at 20, which is a more reasonable price IMO. Just mentioning it here in case the dude with the big sell wall wants to exit. |
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I'm a noob to Cryptocurrency trading so please take this comment as from someone who doesnt have the extensive knowledge of the cryptocurrency environment. I think the 25 million masternode is a high hurdle to jump. I thinking in the case in which an investor may want to change their current investment position by selling half or all of their shares, thus causing the price to tumble. It may or may not cause a panic for all, but for a small few, it could, then what?
Hi, welcome to this forum! Experience has shown that when masternodes are introduced, the price will usually jump high because many people try to buy as many coins as possible in order to qualify for the masternode amount. If the required amount is very high, smaller investors will hold and wait for the price to rise, and big investors will invest big in order to get a masternode. So at the end, everyone profits although there can be some danger of a price bubble building up. On the other hand, if the price is low, then many people will already be able to afford a masternode, thus there is no need for them to buy any further coins. Also this defeats the idea of having masternodes with special rights to secure the network, if the average Eve can run such a node. Also, if you learn to think in quantities that are normal in this field of cryptocurrencies, 25 Million at the current price would be roughly $1500 USD which is less than 1 BTC. That is an extremely low price actually. |
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Also you guys should get into contact with the tails devs see if you can get spec on a future release of tails in the future
That would be a wet dream in fact. But I guess chances are 1:100 at most, because Tails devs are very conservative about what they include, and they should be. There are a lot of anonymity related coins, and as long as Spectre is alpha or beta stage software, there is no way they will include it. Maybe in 1-2 years, depending on how this project and the cryptosphere in general looks like then. Chances are better for newer but similar projects like HEADS ( https://heads.dyne.org/), maybe when we will have the new wallet that comes without webkit dependencies we could ask the dev of that project. |
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Hahaha Well actually these aren't the only possible choices, right? People just voted for the lowest possible amount. So next, you should make a 2nd round vote between 1 Million / 10 Million / 25 Million?  Let me give you a tip what will happen, people will vote for 1 Million or 10 Million that time. The masternode system is meant to have a significant price that the majority can NOT afford, that's the entire point. Voting about the target price does not make any sense, because the majority determines the voting result. |
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Gandalf are you good on marketing stuff ?
I don't think so. and what about to build an Espers team/foundation ?
to help CC ?
"CryptoCoderz" is already a team of like 8-9 members, although Jon is the only one working on the wallet internals. But I'm sure they are very thankful for any contribution, if you have anything you'd like to do and help! |
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Is there a coin launch without ico
Probably.  How much increase in the first 48 hours?
Increase of what? First 48 hours of what? |
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