Thank you, but where do you get a siafund file? Where can I buy siafunds and how much do they cost?
Only the people who initially bought siafunds in the crowd-sale or on Nxt AE have the siafund files which contain the siafunds they bought. Now you can buy siafunds from those initial siafund buyers. They can transfer the siafunds into your wallet directly. Your wallet can take both siacoins and siafunds. You can go to the trading channel on Sia slack to ask if anyone wants to sell you some siafunds. I saw one person who was selling his/her siafunds there before. how much do they cost? |
|
|
|
Is there a way to import sia funds yet and access siacoin they earn?
Has anyone got step-by step instruction on how to do?
V0.5.2 supports the import of the siafund files. After you create your wallet in the client, you can upload your siafund file by using one of the options in your wallet. But I have not tried it myself yet. Thank you, but where do you get a siafund file? Where can I buy siafunds and how much do they cost? |
|
|
|
|
Is there a way to import sia funds yet and access siacoin they earn?
Has anyone got step-by step instruction on how to do?
|
|
|
|
For the new "deterministic Signatures" as they are implemented in Bitcoin, as well as for every other approach using strong random numbers with sufficient entropy, this is not an issue at all.
Correct answer. The SDK is not built yet but I think that Elastic is gaining momentum now as ore and more interested and skilled people come on bord.
One very simple example could be to just take a CPU mining coin, and let the Elastic Network mine for you.
I am sure that there will be a lot of discussion about the SDK once it is done.
How could this be used for mining other coins? 1. if would be harder to set up and use than a mining pool... 2. other coins will have 1min block time, so by the time ELC txs with answers/payments confirm (1min +) it will be to late. 3. what prevents workers/sellers from stealing the coins they mine for you 4. circular reasoning: why would anyone pay good ELC to mine some other junk crypto? |
|
|
|
Small update: Yesterday I was talking about the part of the guy that gives detailed info about the proof-of-stake mining process, including all "mining" accounts as well as their expected "time to block". I was also talking about a graph that I planned to add to the bottom.
Here is what I have just committed to the github repository. Not yet 100% working (i will finish that tonight) but it should be clear in which direction this goes.
But again, a question to the community: do you like detailed "staking" information or does it confuse you too much?
Staking info is a good idea and will be more "fun" if it's visible... I think I heard somewhere that you must not reuse addresses/pubkeys if you are using bitcoin's crypto as multiple spends from same address could reveal private key. In addition to my questions above give some details about your SDK and some example problems it can solve. |
|
|
|
How possible? Can't people can send as much BTC as they like in the presale and each 1 BTC creates 8K-4K ELC? Or is there a hard cap of how much BTC is accepted?
it is strictly capped. If 5 million ELC are given away earlier than the time bitcoin block 425920 is mined, then the ELC giveaway stops. As far as I recall, the software will refund any donations after that automatically. This is at least the last status that I know of, I cannot see the code for the donation thing as its not on github anymore.  Lannister, you could consider making it open source again so everyone can check himself. How will you get pharma/scientists to try your platform? You'd need to make it free to get them to try it. You'd need people using it, not just speculating on it. How can you deal with data storage? They often need to load and save big data sets... |
|
|
|
Every 10 min a new block on bitcoin chain is created.
What is the blocktime of ELC? not BTC. How does ELC protect against bad dudes running malicious code on people machines? |
|
|
|
But you didn't answer my first question.
What is the total max supply of ELC?
Sorry, missed that! Maximum supply is 5 million ELC. Thanks. How possible? Can't people can send as much BTC as they like in the presale and each 1 BTC creates 8K-4K ELC? Or is there a hard cap of how much BTC is accepted? |
|
|
|
What is total max supply of ELC?
Is it POS or POW of what? What does reward structure look like?
There have been many discussions in this thread about how to do it correctly. For now we have settled on - ensuring the blockchain security using a reliable proof-of-stake scheme (here, only the fees are earned and no new coins are emitted) - doing the proof-of-work thing (that means people perform work and get rewarded with coins that the buyer of the processing power had to spent when he broadcasted his work package) independent from the blockchain security, but with the cryptographic security that blockchains offer. - to prevent "blockchain bloating" (which in inevitable when everyone can submit more-or-less large work packages) we go with a scalable mini-blockchain approach where old stuff can be purged safely. The reason to go this "dual approach" was a special attack termed the "faster algorithm attack" (FAA) where malicious "buyers" could create an algorithm/work package which is very hard to solve but for which they know quicker, more efficient way to solve it. If the blockchain security would be tied to solving the buyer's work, the attacker could solve his own work using the faster method and so faster than anyone else resulting in him mining the majority of the blocks. This would then allow him to pull off a 51% attack easily and revert transactions / double spend coins / etc. So to sum up: The proof-of-stake miners ensure the blockchain security, but they only earn a little namely the tx fees. The "real income" of the "miners" (or should we better call them "workers"?) is produced using the "proof-of-work scheme" in which users get rewarded for contributing processing power. Thanks for your answer. Your solution sounds good to me and the whitepaper is well written. You have a killer idea. But you didn't answer my first question. What is the total max supply of ELC? |
|
|
|
More concretely, we've been working since January on a new extensive technical infrastructure that'll make FIMK lead the way to the "Gen 3" crypto platforms. We have struck a "secret" deal with a financial institution with whom the new FIMK technology will be deployed first. Details and media exposure will be given when the deal is published and the system released, target is late April. This stuff is not smoke and mirrors unlike your usual game in these circles. It's not been talked about, because our principle is to work and deliver substance instead of talking crap. Again, quite the opposite of nearly any competitor in the crypto field. Roadmap is updated on occasions here: https://forum.fimk.fi/index.php?topic=373I agree it's less than perfectly up to date and the community could use more info. The difficulty there is that nearly all the details of the projects, talks and parties involved are confidential. The next general update will be after the yearly meeting of the association in April. Looking forward to the update  btw, I'm a long time FIMK holder (since its launch via dgex way back when!) Can't wait. Where can I buy some FIM? I tried to sync wallet but gets stuck downloading blockchain. Does anyone have a fix? |
|
|
|
|
Dash is awesome. How many masternodes are there right now?
|
|
|
|
|
What is total max supply of ELC?
Is it POS or POW of what? What does reward structure look like?
|
|
|
|
Where can I trade siafunds?
How can one import Siafunds into the GUI wallet? Please post step by step instructions.  You're going to want to be in the #trading channel on our slack. You can get an invite to the slack at https://slackin.sia.techThere is currently no siafund support in the GUI, siafunds can be used through the cli only. I'll wait until you add it to the GUI. When's that going to be? |
|
|
|
How can one import Siafunds into the GUI wallet? Please post step by step instructions. |
|
|
|
|
When are siafund holders going to be able to
1. see their siafunds in the gui
2. be able to transfer their siafunds
3. be able to obtain the Sia collected by their siafunds
So far the devs have continued to push this off.
You would think that the devs would be more appreciative to their initial investors and try to provide these basic promised features to them.
Could we please get an update and an ETA on when these features will be released?
Apologies if it's already done, but I think not.
|
|
|
|
Additional things in the roadmap:
+ Multi-GB uploads, instead of capping at 500mb
+ uploading entire folders, instead of just 1 file at a time
+ rewritten, plugin-based UI (with tutorials for how to make your own plugins
+ exchange friendly wallet API
+ safer wallets (pregenerated addresses, encrypted wallet files, unique filenames for all wallets)
+ faster blockchain download + verification
+ smaller memory footprint for siad (currently between 1GB & 2GB, I believe we can get it to 1/4 of that)
+ no need to restart siad after loading new addresses or wallets, rescanning will be automatic (but may take a few minutes)
What about importing siafunds in the GUI wallet, showing them and allowing them to be transfered, etc? |
|
|
|
You are right that typing it wrong could potentially send the whole thing to a search engine (encrypted) but what is the chance of that happening when clicking the link or pasting it in the url bar?
It's not encrypted at google's end and there's nothing stopping a google employee from seeing this search in the logs or database and then saying "thank you very much for all your FIM!" Copy pasting your secret phrase could in a way also be potentially dangerous, if the key is still on your clipboard and you press paste (CTRL-V) in either the url bar or the search bar it is also send to the search engine but now it's unencrypted, this is how things are done now in both FIMK and NXT.
Not really. Most password safes clear the clipboard 30sec after you copy a password specifically to mitigate this risk. Don't get me wrong. I understand there's not much you can do. Security versus ease of use is an age old battle, but err on the side of security. Keep up the good work. I'm interested to see the real-time exchange once it's ready. |
|
|
|
|
Show Posts
