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21  Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends on: July 27, 2015, 01:52:25 AM
Total B&C funds raised are now $201,688.
after recieving BKS for one week, we can mint, is it right?
22  Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends on: July 20, 2015, 07:08:14 PM
Would you please send me BKS today? I've sent the BKS address by email and BM since yesterday.
23  Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends on: July 15, 2015, 03:25:58 PM
Is it still possible to purchase Blockshares? I sent you a pm but haven't got an answer yet.

only email and bitmessage
24  Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends on: July 14, 2015, 08:52:14 AM
For example, I've sent 10 Btc to B&C to place ltc buy order, those 10btc held by 16 signers before my transaction is completed, and you also have 20btc held by the same 16 signers.

Now I wanna send you 1btc. Can I inform 16 signers that just update our balance? i.e. , those 16 signers confirm I have 9 btc and you have 21 btc now?

Those 16 signers would probably say: no. My 1 btc must sent to you on blockchain.

However, we may find a smarter way: the signers may give u a receipt of 21 btc, and they actually move btcs every week or month, account days, balance days. U know what I mean.

i belive we can work out an "open transaction" style.

B&C may become a bank which issues stable money(BKC), provide instant payment service(receipt style) , we are bitcoin +bitpay.

25  Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends on: June 30, 2015, 07:13:39 AM
Look out the scammers.

Will B&C team continue to report the new pledge after 20,000$?
26  Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends - 88% funded on: June 13, 2015, 10:44:28 AM
With the Nu 2.0 release now code complete, the team has turned its attention to building B&C Exchange as quickly as possible.

The code and issue tracking is open to all. Feel free to observe the team's progress at any time.

Our first iteration, known as Milestone 3.0 in the repository, is completely defined. It will give us a B&C blockchain that gives 40% of BKS to NuShare holders and creates 60% as undistributed that will be distributed to those that have pledged funds for development. A simple user interface tool that will allow shareholders to select a NuShare wallet and convert it to a BlockShare wallet will also be included. When it is developed a test network will be created with it. The production network and blockchain will be created two or three weeks after our $200,000 minimum funding threshold is surpassed. At that point BlockShares will be liquid and transferable.

Our second iteration will focus on implementing the types of shareholder voting unique to B&C Exchange:

● number of confirmations required by blockchain ID
● number of total reputed signers of deposit addresses by blockchain ID
● number of required reputed signers of deposit addresses to effect a transfer by blockchain ID
● maximum trade size permitted by asset ID
● number of reputed signers eligible for reputed signer block rewards
● Reputation voting will also be added, which consists of up to three upvotes or downvotes, each associated with a BlockShare address. Details are included in the Reputation voting section.

The second iteration and all other iterations necessary for a minimum but complete set of functionality will be deployed to the test network but will not be promoted to the production network individually, because the network will not have the functionality needed to be open for business until all iterations are complete. Once all the iterations needed to produce a functional exchange are complete, the updates will be applied to the production network and blockchain.



Sounds great! I believe investing B&C is a smart choice.
27  Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends - 77% funded on: June 05, 2015, 12:31:04 AM
Once I have received my blockshares, should I start mining right away or wait until someone publishes their data feed for voting?

You can do whatever you like with your BlockShares, although we would expect that most users will begin minting immediately.

The most important initial custodial grants to watch will be those that ensure BlockCredit custodians have a regular, constant supply of BKC to sell for $1.00 on the market. It will be up to each individual shareholder to decide if they have the ability to monitor and vote on those requests, or if a data feed from a trusted community member should be selected to automatically configure their votes.

I think you should build up a threshold, for example 500 BKS, only beyond that, a signer can be voted for. There is "long con" where an honest node plays very reliably but suddenly commit some bad things long after.

Just like cold minting, there maybe two BKS private keys, one for transaction(cold storage), one for signing multiple signature, the latter is exposed online computer and can prove a certain NKS holder/address does have so many BKS, so that he/she can be voted. As long as those BKS is transferred to anther address the old address (below threshold) automatically lose any qualification to sign.

Anyway, we don't like some hypocritical people with few BKS  get several/many signing  addresses.  The goal is build up a community where lots people have quite some BKS and they like mint and host  signing node and furthermore: provide BKC liquidity.   


What about build up a public BKS/BKC address which is  the company BKS of this DAO/DAC, we collect revenue into this address, BKS holders vote to how to spend these revenue, for dividend or software development.  BKS holders also need to pledge his BKS into this address in order to get some BKC and provide BKC liquidity.



28  Local / 中文 (Chinese) / Re: 实现法币跨境支付零风险秒发秒收:基于数字货币的跨境支付与清算系 on: May 16, 2015, 01:33:03 PM
Ams看来很了解金融,在这里请教一下:

nubits项目是否涉及到国际汇款的禁区,这个项目我的理解是系统给消费者打白条,这个白条是化身于区块链有虚拟币的种种优势, 消费者可以在他国从交易所里兑换出美元。
nbt、btu这类货币除了汇率较为稳定,其兑换、发送过程和btc没什么区别,本质上都是p2p网络内部通过特定机制自动生成的,只能算虚拟货币,和真实的美元没有关系,所以创造nbt、btu不触犯法律。至于国际汇款,现在国内交易所只是提供虚拟币兑换服务,跨境跨交易所的转币是用户自己进行的,故交易所不触犯法律。

nbt毕竟无法在现实生活中使用,对于中国汇款到美国这类场景,得先用rmb买nbt再卖nbt换usd,虽然汇率接近1:1,但买卖墙有差价,一来一去三五个点没了,所以没有什么现实意义

受教了, 其实nbt之类可以用 nbt/u s d交易对,这样可以做到买卖墙差价较小, 其成本就是交易所交易费和提币费用,或许比传统汇款方式省不了多少钱,只能图个迅速。
29  Local / 中文 (Chinese) / Re: 实现法币跨境支付零风险秒发秒收:基于数字货币的跨境支付与清算系 on: May 15, 2015, 06:55:54 AM
Ams看来很了解金融,在这里请教一下:

nubits项目是否涉及到国际汇款的禁区,这个项目我的理解是系统给消费者打白条,这个白条是化身于区块链有虚拟币的种种优势, 消费者可以在他国从交易所里兑换出美元。
30  Bitcoin / Project Development / Re: [ANN] B&C Exchange – A decentralized Bitcoin exchange - Final 24 hours to bid! on: May 12, 2015, 10:33:07 AM
What's your opinion about open transaction? It seems OT can do anything b&c can do.
31  Local / 中文 (Chinese) / Re: 半年前我曾发帖说比特币半年都不会涨,现在我要说:惊天涨幅即将开 on: February 06, 2015, 02:31:33 AM
但愿lz预测准确,我等苦熬一年多,已经有些绝望,但是我还会坚持,因为对生活、对未来不能没有希望。 Smiley
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XPM] [ANN] Primecoin Release - First Scientific Computing Cryptocurrency on: June 29, 2014, 01:23:34 PM

Currently the network is mining at about 8.5 chains/min, which is equivalent to about 1500 GPUs mining at 8.2 chains/day.

Can I say XPM hash rate is of 1500 GPU? Does it equal to  1500 R280X?

1500X500K=750M hash rate of LTC?
33  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer! on: June 01, 2014, 11:21:11 AM
Rubbish.
34  Bitcoin / Mining / Re: Plans for mining? READ THIS FIRST !! on: January 26, 2014, 02:50:20 PM
But how many  tx fee will available to miners? For example, in July 2014, 3Th/s(KNC neptune) will be hardly profitable in getting rewards(25 btc/block) , could tx fee be enough to save neptune from being outdated?

If 20nm KNC neptune is profitless in middle of 2014, so will the 2015-2016 16nm miners because the latter is merly 30% better in hash/Watt.


35  Bitcoin / Mining / Re: Plans for mining? READ THIS FIRST !! on: January 26, 2014, 05:42:57 AM
they said the  btc exchange fee can be provided to miners, is it right?

After July, human being could not produce profitable mining rig after paying the power cost.

 
36  Local / 中文 (Chinese) / Re: 大风起于青苹之末,真正的末日降临 on: January 20, 2014, 08:33:17 AM
原来美国也有被代表的一天。

37  Alternate cryptocurrencies / Altcoin Discussion / Re: China-made CPU coins, the truth is... on: January 20, 2014, 01:40:33 AM
I am chinese, and I always keep myself away from chinese coins because I know them, I know this country very much!  Angry




38  Local / 山寨币 / Re: 【马克思币:基于马克思货币流通理论】 【白皮书发布】 on: January 20, 2014, 01:09:52 AM
我觉得比特币这种玩艺天生就是抽马克思的老脸的,lz居然把两者结合起来了,马克思在天之灵估计五味杂全。
39  Bitcoin / Hardware / Re: Asic vendor review (WIP) on: January 07, 2014, 02:20:59 PM
Good thread, I just need this kind of information. Wink
40  Other / Beginners & Help / Re: Hello Friends on: December 27, 2013, 02:04:41 AM
Merry Xmas! I'am leaving baby zone.
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