There is a new issue that prevents the bitparking exchange from opening. The new limits stop some transfers from occurring and exchanges hit these pretty easily when withdrawals are made. |
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Thanks very much for your help. I am still a little unclear on the motivation for the "merged mining" proposed change and also surprised that there is not more discussion when an official change to the protocol is being proposed in the near future.
Discussion on the change goes on in the namecoin forums at dot-bit.org if you want to raise questions. The actual developer of the change posts there. |
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No idea of the usernames they were using all you need to do is look at the accounts with all the little BS .01 trades I told you about when the first namecoin scam was happening and you did nothing about fixing same as the bug that allows you to buy and sell to yourself thus get any price you want on your sites that would be a place to start I would think.
Buying and selling to yourself doesn't let you get any price you want. Stopping buys/sells to yourself just opens up other manipulations that can be done once the person knows that the exchange avoids their own buy/sell walls. The dis-incentive for buying/selling your own order is it costs you in fees. |
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BTW it would be darn interesting if doublec was to post some logs of the SolidCoin exchange we just might get at some more truth in this matter. So how about it doublec where are the logs?
What logs? The exchange history from a few days ago is downloadable and I can do a more up to date version. It doesn't have usernames though. If you have usernames you suspect of cheating PM me and I'll look them up, |
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I'm running the new client on my machine, my pool and the bitparking exchange. All show the block count as 20027. If you're running the old client I'm pretty sure transfers to/from the exchange won't work as it's on the new client.
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About 600 BTC has been taken off the bids and I guess moved to Ruxum.
I haven't seen any large withdrawals from the bitparking exchange compared to usual activity. |
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Frankly, I didn't mind the 0.01 fee, but it is not simply passing on the transaction fee you stuck on the tx. It's 20x higher.
This is what I was curious to see if it was what he was referring to. What I did is work out what the average transaction fee is and I charge approximately that. I don't put the 0.01 fee as part of the transaction because then the average would be even higher. Due to the way exchanges work they get a lot of small deposits and some large withdrawals. This fragments the wallet and the large withdrawals have to pull from lots of small addresses. This carries a large fee. I've had transaction fees close to 1 coin. As an example from the namecoin exchange, where the fees work like bitcoin: {
"account" : "",
"address" : "NH56eFFnzHoieLCpR7kfToTcf6wX5L2AHf",
"category" : "send",
"amount" : -5000.00000000,
"fee" : -0.75000000,
"confirmations" : 3702,
"txid" : "d8b597c7875d7c6668150abf5009cee2b74c2fd5c3ad7fb90066351c2e812ec6",
"time" : 1309517469
}
I settled on 0.01 as the average and pass this on. Unfortunately the *coin clients don't provide a way to find the fee 'up front' to charge. SolidCoin being the exception here. You can actually bankrupt an exchange that doesn't pass on the transaction fee like this by depositing lots of small amounts and then a large amount over and over. |
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Can't you merge mine solidcoin by treating solidcoin as the primary chain and use a secondary chain built with merge mining? eg. solidcoin and namecoin as the two chains. This would require the miner to have solidcoin with the merged mine patch that the namecoiners provide for bitcoin. Only the miner needs the patch, the solidcoin network doesn't need to update.
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Please restart your 0.3.24.2 Ixcoin clients. Thanks.
Bitparking pool and exchange have been restarted and are using the new client. |
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We don't add any additional withdrawal fees as some exchanges do. .
What exchanges charge a withdrawal fee that aren't just passing the transaction fee onto the customer? |
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I wouldn't let them be free to do so, in the financial world you need to be cognizant of the liklihood of getting oblivious users and it is a simple fix just redirect http requests to https and the end user would be none the wiser :-D
Redirecting to the https version can be problematic too since any authentication cookie will have been sent in the clear on the initial http request. Hopefully the exchange has marked the cookies to only be used on https connections and not http connections. |
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I asked this question once with no response so maybe it's just a dumb question. Couldn't the network monitor for and throttle down any single entity contributing more than some X%?
It has no way of know which entities are contributing. |
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We charge a 0.2% fee, have no withdrawal fees, have an API, a chart, and a live calculator on the trading page.
Your solidcoin withdrawals page says "(You pay a 0.1 the 0.1 transfer fee.) ", so not quite no withdrawal fees. |
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When doublec (who BTW has been a really hard working guy and his contribution to the SC community is definitely underestimated) wakes up and finds the mess, don't you think he would close the exchange for good, having lost nearly a fortune?
I won't lose a fortune since the exchange doesn't keep all the funds online. When it runs out of the 'working set', withdrawals are put on hold until I replenish from the offline wallet. It'd be annoying for sure, but not bank breaking. There isn't anything (that I know of) that can be done about a >51% participant unfortunately. |
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^Correct,I was playing around with the new encryption scheme by I0 coin and entered a pass to see how it worked but now can't remember said phrase.I was wondering where I might be able to find said phrase.
I'm pretty sure you're out of luck. If you lose the passphrase you can't decrypt the wallet. |
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and their is no bickering, solid seems to have no problem coexisting with ixcoin or i0coin and even hosts an ixcoin order table for bitparking. WHich is pretty damn stand up if you ask me
CoinHunter, the SolidCoin creator, does not host an ixcoin order table for bitparking. The ixcoin order table is run by the solidcoins.info owner by using the bitparking API, as announced in this thread. |
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feel free to visit I0Coins OrderBook with some important data for traders http://www.i0coins.info/doublec, can you ping my server by f.ex. form GET method ? i will be getting data from api only after new orders issued, and use cache on my mirrors Nice, I've linked to you from the exchange. Yes, I'll work on a server ping method, it's a good idea. |
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Remind me again, how many people own solidcoins?
There are 701 users on the bitparking exchange with a balance of solidcoins greater than zero. It doesn't give an indication of actual users since they'll be people who don't use the exchange, and people who have withdrawn their solidcoins so the exchange doesn't hold it, but it may help gauge the size. |
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