click start forging at top of web wallet page
I suggest you consult about that before you start forging like that from the web wallet because from what EK said in the past it might not be so safe to do in some instances. Make sure you are protecting yourself well. Install a local Elastic node (ie. on a laptop) and use it to forge. |
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Chillax guys, great things ahead of us. The price is mega low at the moment.
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@LamboMoonYacht
This is clear, that you are A TROLL trying to spread FUD to buy cheap XEL.
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This project looks like a disaster waiting to happen. Less competent than DAO guys, just making stuff up. Someone should seriously look into their smart contract to see if it's safe.
Thanks for the feedback, but can you come with some facts, our code is subjected to code reviews, besides that our community is free to inspect and discuss the code. DCORP is in fact a DAO, but we've taken measures to prevent abuse as was used to drain the DAO from it's funds. Interesting, so did you fork DAO's source code? If yes, how much of the code is yours? Bump |
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This project looks like a disaster waiting to happen. Less competent than DAO guys, just making stuff up. Someone should seriously look into their smart contract to see if it's safe.
Thanks for the feedback, but can you come with some facts, our code is subjected to code reviews, besides that our community is free to inspect and discuss the code. DCORP is in fact a DAO, but we've taken measures to prevent abuse as was used to drain the DAO from it's funds. Interesting, so did you fork DAO's source code? If yes, how much of the code is yours? |
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let's wait for the mainnet release..
great times will come for sure.
We are on the main net already. The version that has been released doesn't have all the features yet. EK and coralreefer, the two core developers are designing and implementing them. |
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Hey, is there any time limits when is the last time to redeem or claim my XEL? Thanks!
No time limit at the moment. Before we will remove redeem option we will notice everyone at least one year ahead. I wonder how many people have lost their private keys... |
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What's the price for 1 WGR now?
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If he lives in Germany its suicide to give 50% when holding bitcoins AKA crypto over a year has *ZERO* taxation
If you receive 1 BTC now at a price of 1000 EUR and you sell it in 2 years for 2000 EUR, then you have pay 50% taxes on the 1000 EUR, the 1000 EUR in gains is tax free. As far as i know it´s free after 1 year. If you donated 1+ year ago for elastic and sell now e.g 100 elastic for 1btc (btc price = 2500€ for example) and hold the btc for e.g 2 weeks you have to pay taxes just only for the difference. btc today/2500€ ; btc in 2 weeks/3000€ = pay taxes for 500€ By selling the btc instantly you have to pay nothing Is there a limit? (Sounds like I need to start learning German  ) |
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I would suggest to simply renaming it to "Elastic". The fact that we think about it "Light wallet" is because of historical reasons, and what we have now IS "Elastic" wallet on some early version. As far as I know, the compute part will also be added to the same software (the wallet). @EK, @coralreefer, please correct me if I'm wrong. Thanks |
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What is the donation address for the XEL foundation? I want to donate a bit.
i hope this 500000 XEL will worth 10M dollars in 1-2 years.
please also send some to other devs man.
thank you for make this happen.
i am happy i find some good people in crypto.
Hi, wow, I have no idea what to say ... for you it's a click, for me it can be a complete life changer. I love you, honestly, and I have never seen a spirit like this anywhere else. It's awesome and unique. The moment I saw your donation, I have been doing the smurf dance across my living room. However, there is a little problem: I can't distribute anything to other developers myself. I am working together with a law firm which also does my annual tax returns. Unfortunately I have to pay around 50% (slightly more) in taxes on everything that I receive. So if I pay 50% of it to my country and distribute 50% to others, I end up with nothing :-) That's the law here. So to make it correct, I could send it back to you, and leave the distribution up to you? So you can give me exactly the amount you want me to keep for myself? Still, thank you so much ... either way, you turn me form average to king kong! What a great person you are! @prevenceday - here's all the team's XEL accounts if you need them. How to support Elastic Dev (thank you)EK: My car is on the verge of breaking down ;-) Time to replace it with something new and maybe save a polar bear! If you like to support me, without any reward desired, there you go: BTC: 1Liz5VpeqYEUQXdU8yepPRc3erZQDKDajm ETH: 3a43e0311a02743de52878543c92a13170efbeee XEL: XEL-6W9S-LUCN-B5QX-E459J Coralreefer: XEL: XEL-AZJK-TAVH-3KN3-9EZSH (Donations for work done on the Elastic project) unvoid XEL: XEL-HCM8-KB6E-YFLK-8BWMF Rallier: I am going to get married(July) for wedding gifts & donation elastic works; XEL: XEL-P6RX-X5BL-5VKU-5AC66 |
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 XEL has been added to heatnodes.org. Automatic deposit and withdrawal of XEL onto the HEAT Asset Exchange is now possible for trading BTC/XEL. The amount deposited and withdrawn can be watched live at this account: XEL-WESJ-3UCL-7UTC-894KZ Why did you change colours on the logo? The logo represents Elastic Project and SHOULD NOT be modified. (edit: I see, they have a stupid background on the website) If there is an official logo (transparent png) which looks good on a black background, then I will change it. If you have access to the website, then you could get the logo from here, and put it on a white background: http://elasticexplorer.org/share/elastic-logo.ziphttp://elasticexplorer.org/about/ |
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XEL has been added to heatnodes.org. Automatic deposit and withdrawal of XEL onto the HEAT Asset Exchange is now possible for trading BTC/XEL. The amount deposited and withdrawn can be watched live at this account: XEL-WESJ-3UCL-7UTC-894KZ Why did you change colours on the logo? The logo represents Elastic Project and SHOULD NOT be modified. (edit: I see, they have a stupid background on the website) |
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Dear mister smart,
People are confused because you are calling hashing operation a "double sha256 encryption".
There is a strong language barrier present, which makes it extremely difficult to express himself especially when nemgun has to combat a lot of trolls native to English. I have notified him of his mistake. He will correct it once he is around. I understand. Still there was no need for him to call anybody of being limited. |
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Now that you have an idea of the definitions, let's move on.
So A wants to place an order:
The wallet creates a smart contract, and sends it directly to safenet without being kept on site while being encrypted in double sha256. The decryption key remains on the blockchain.
I'm sorry, but I'm really baffled as I keep reading about this mysterious "double sha256" encryption. - Never heard of it in the context of asymmetric encryption. To my knowledge, sha256 is a hashing algorithm, - not an encryption algorithm. (For those not in-the-know, hashing algorithms are one-way computations by definition and purpose, and one cannot reverse the operation to get the original data from a hash.) Yes, it does transform information and produce a hash value of that information. But in practice, there's no routine mechanism to reverse that computation, - only some very elaborate hacking may be able to do that. So, yeah - it's kinda secure, if all you need is to compare it with another such hash to determine if the original data for the two hash values was the same (with a 99.9999% probability, as in very rare cases two very different pieces of data may actually produce the same hash). But there are no keys ever involved in calculating sha256, therefore no private key would ever be able to reverse the operation (one can only use a salt value to obfuscate input data and prevent dictionary attacks on the hash). And then, double-sha256 merely adds another round of computations where the first computed hash itself is hashed again using sha256. I'd really like to get an explanation for the " double sha256 encryption" term, as that would constitute an incredible mathematical breakthrough. I feel that you are really limited, you try to make the clever for nothing by giving definitions that everyone knows. I'm going to explain what a blockchain is, it is like a database, and I'll save hash in that database. So when the smart contract will be hashed in sha256, it will serve as an id. Now A wants to make a trade, it leaves coins for sale and goes offline, how the database will call its smart contract? She will call it using using the hash. I will help you learn a few things, when you read definitions ask yourself what are they for, you will be able to understand them better, so after the definitions, it is the functions. I will give an example for others who do not know the development: https://satoshimines.com/play/c1397e2164317bcb411d91cc0799610a0d954368/#DONT_SHARE_URL This is a satoshimine link, it serves to identify the player. What you see in red is the hash, no one except you and the database of satoshimines can have it, if you modify it you lose your account. How will NVO work? It is necessary to ask about the double sha256, to bring more security. Now this pseudo blockchain, where does it come from? NVO will fork ? Which blockchain NVO will use? Which technology will be used? It is necessary to ask all these questions, I answer you, we will use the technology of Bitcoin, because in my eyes it is the best, with many developers who maintain it, the one that succeeds best, and the oldest in term Of experience, in addition it uses sha256. We can say that we are going to use a bitcoin sidechain, it will not be a fork. The sidechain will work as a RAM, a cache for the duration of the trades, once the trades end, it erases the information and does not keep history, because NVO is a decentralized and anonymous exchange, it is not Not meant to track its users. And how will safenet be? Like a hard drive, where the smart contract will be sent for offline use. So what's the utility of the user's wallet? It will be the CPU to connect the other two. He will link his signature to the sidechain so that the smart contract is made, and to launch the algorithm for the multisig, the result will simply register on the safenet, so the user will have access to nothing, apart from the Calculates and bandwidth.
Nemgun
So contribute with XRP and doge. Do not send Bitcoins. If I now change the address of the electrum by the address Counterwallet, will the tokens be deposited in the Counterwallet or still going to the address Electrum?
Grateful.
Thanks for participating, you can change the address normally, the tokens will be sent to counterwallet.
Hi
I created a Wallet on Counterwallet and Transferred Some BTC to the bitcoin escrow address mentioned on the NVO ICO Dashboard
Now what will happen..? Will i see the bitcoin balance that is transferred or any token amount on my ICO page or anything..?
Or just the Tokens will get credited to the same wallet from which funds are sent after the crowdsale ends
As it is already a day and i cannot check anything regarding transaction Came through or balance thing on my NVO.io dashboard
Fast reply will be appreciated
Thanks
So we will not able to see the coins till the end of the iCO? so how do we know that we did it right? I send BTC from blockchain wallet, is that ok too? If you sent from blockchain.info, please join slack, as your nvo tokens may get stuck. Dear mister smart, People are confused because you are calling hashing operation a " double sha256 encryption". More over, later you are accusing people of being limited, because they don't understand you. Please also learn something: hashing is not encrypting - don't call hashing operation an encryption. Regards |
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Number of peers in the network seems to be growing nicely every day.
Very good.
Do not refer to no. of peers displayed in explorer. Those peers are the one connected to the explorer node. If I'll reboot explorer node no. of peers will dive. Ok, thanks. This means the actual number of peers in the network is equal or greater than the number of peers displayed on the website. Mine is not displayed. But it seems to work fine. It means your node is not connected to the node that feeds the data to the website, but to many others. |
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Number of peers in the network seems to be growing nicely every day.
Very good.
Do not refer to no. of peers displayed in explorer. Those peers are the one connected to the explorer node. If I'll reboot explorer node no. of peers will dive. Ok, thanks. This means the actual number of peers in the network is equal or greater than the number of peers displayed on the website. |
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Number of peers in the network seems to be growing nicely every day.
Very good.
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But wouldn't this make me an asshole?
I could only accept that if the rest of the community will ignore my XEL address in the future and take care of the other devs instead of sending me anything anymore. Especially, the hole thing is worthless without coralreefer! And the whole thing wouldn't have gone live without the rest.
hi man, i just found i leave a hard problem for you.  sorry for this. ok then i have to make the hard decision for you. please keep 320k for yourself send Coralreefer 120k send unvoid 50k send Rallier 10k i love you all, forgive me if i am not fair. thank you guys! You are a legend @provenceday, and what what a community spirit! Just wow! |
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Nemgun, I have read some comments that Maidsafe is taking too long in deploying the official release of their project, is this a concern for NVO and will it be affecting you seriously in any way?
Nemgun, I have read some comments that Maidsafe is taking too long in deploying the official release of their project, is this a concern for NVO and will it be affecting you seriously in any way?
This is a big concern to me. Maidsafe is promising the moon on a stick: a new internet based on a DHT and no blockchain. We know this technology, have serious doubts and question such a claim. They have not released anything substantial and everyone is waiting and waiting. We have about 4 months to finish the exchange and the validator as we have engagements regarding the investors, partners, and community. If MaidSafe isn't ready untill there, we said that we will offer to help them, if they refuse, we will go for a different option, like Radix, or create our own system, which would need about 2-3 months of intencive work. The idea is to form a team that will be sufficiently experienced to make good progress on the project and to help other projects that may need it. As you know we secured the funds with milestones because the money can make you crazy, that's why the goal is to deliver 100% of the project in 10 months if there is no SafeNet. And to be sure that the funds are not misused, because many projects end up finishing without delivering the project because they have been too late to issue. Are you saying, that you are going to create a replacement for MaidSafe in 2-3 months if MaidSafe is not ready on time? With a team of people you DO NOT have yet? Something that MaidSafe have been trying to accomplish FOR 3 YEARS  ? |
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