The latest version required the blockchain to be downloaded again.

To speed up the process, you can download the blockchain .dat file from the OP.

The marketplace will have a KTK payment option, but need an api to make it easier for transaction confirmations and splitting the payment.

That's exactly how it works! 

The vendor will have the option to either enter their own urls for product files or use MP storage (Amazon S3), which has a lot of benefits over hosting files yourself. One it doesn't cost the vendor anything extra, two Amazon servers are fast and reliable and so vendors don't need to use their own server resources for file downloads.

It's going to be downloadable products only, take themeforest for an example (with much lower vendor fees!).

That way, we can create our own products to sell. It means the profit share for KTK holders is not relying on revenue generated from fees alone.

Which would be relatively small to start with until the marketplace had enough vendors actively selling. So having our own products, revenue will be much higher and as a result bigger profit to share with KTK holders. A little added bonus, anyone who promotes a product and refers a confirmed sale get a commission, if that happens to be a KTK holder it's extra profit for them!


If there was enough demand for a tangible MP, it could be easily done by setting up a second site. But my day to day business is selling my own downloadable products (themes, plugins, web apps), so that's the reason I'm going for downloadable products. Been doing that since 2006 and built a pretty big customer list, who always buy and promote my new products!  

*Edit* and I've not yet promoted KTK to my customers, and will do so when the MP goes live! 

Had internet problems since Tues night, so unable to get on the thread!


Marketplace update

I've got the btc payments integrated into the marketplace (MP), I'm doing some final testing this week. And I can then get a video demo done for Monday to show how it currently works.

Basically a customer visits a product for sale on the MP...

> Selects btc as payment option, is then taken to a page with the address to send the btc amount

> It has a progress page, where it displays a progress bar with the transaction status and remaining confirmations required to complete

> Once the confirmations are completed, the customer is redirected to the download page


Nothing unusual with the process, except the payment has been split between multiple addresses. The MP gets paid a fee, and the remaining is sent directly to the vendor, and if it was an affiliate referral, they would also receive their % commission from the transaction (commission is set by the vendor).

Also the KTK wallet api is coming along. The KTK payment option will work in exactly the same way as they do with btc. The code for the MP integration is ready, just the final api code on the wallet to complete and can then pull it all together.

The error is due to going over the bytes limit. Enable coin control, and then you need to select individual blocks with a maximum of 10k bytes (which is approx 67 blocks).

Here's a guide about coin control...

http://forum.xctalk.com/index.php?/topic/161-coin-control-basic-functions-a-newb-friendly-guide/

Hey bud, congrats!

Received your pm, so will send the btc shortly.

Try using the conf file in the OP.

It could be the nodes, I need take another look to track down the problem.

I'll have a read up on sync and what the asset-backed is about.

And nice idea on the an article contest!

You're right we need plenty of promotion, so once I have a solid release date we can start putting together promo for it.

Sending you a pm

Winner still hasn't contacted me yet, should have done a couple more numbers as a backup!

Yeah, good thinking. I'll do a short closed beta with a few people from the community. While that's happening we can be ready for the go live date and have the marketing in place.

I'll have a press release lined up, so it goes out the same day. Also arrange various crypto news sites to have articles go out the same time.

Also need to find someone who can help create a quality video for us, and release that while in beta.

It's not far off, the payment options for btc/ktk need the final integration. But first need to finish the ktk online wallet api, which is whats being worked on now. The btc payment code is done, and will be added to the marketplace next week. And as soon as the ktk api is ready it can be enabled on the marketplace pretty quickly.


I'm all for giving bounties for marketing, the only problem we have right now is payment in ktk will need to be much larger due to the current price!

When the marketplace has btc/ktk payments, I'll have a release date (next week I'll have a better idea when that will be).

When I refer to day traders it's those price watching waiting for news so a pump starts and them dump and move on to the next. Or someone working a market to accumulate. If there is selling, someone is buying.

It was trading 300-400 before the Bittrex maintenance, so the person who's been pushing downwards for 7 days now. Could sell off without doing that, unless it's purely to accumulate x2-3 more KTK. Anyone selling off all sub 200 is likely losing money.


What is wrong with "you know how much effort was put to get there and now its lost" you don't see it that way?

I find it funny telling me how much effort put in, but at the same time telling me development is slow.

If I remember correctly 17M was distributed for free using my time, no mining costs free money and would have done better for me if I had released PoW/PoS. I've given close to 400k to the donations pot, and bounties directly from my own ktk I've bought, plus btc directly. I'd say I've given a lot more than 3x already, but your opinion may differ.


If progress is slower then you or anyone else expects, please feel free to change that and show me how it should be done!

Yeah, I need to look at the hard coded nodes in the wallet. It might be the problem that's causing the slow sync and lock up on first load.

But as you mentioned using the conf file should help temporarily for now.




No need to say sorry bud, not offended at all.

I did say the online wallet will be ready soon for a few people from the community to test before open beta. I also previously told you when you first mentioned about a online wallet, it wouldn't hurt having another available and a bounty would have been paid. You could have finished and handed over to someone else to run, if you didn't want run yourself.

Features?

You referring to better qt wallet features? won't argue with that. But the wallet serves very little purpose for real world use. We need better options than the qt wallet, the api will make it easy to develop applications that actually make KTK useful, instead of just another coin to trade on exchanges.

Slow development, get on it then bud don't wait for me. I'm happy for others to help. No crypto coin has a BOSS or EMPLOYEES. You want to see faster development nothing is stopping you or anyone else from helping. Can't help directly, find people that might be interested for KTK bounty. We have plenty available!

I thought a coin is dead when it has no dev? There are only 4M are on Bittrex, supporters say it's not dead, day traders might have a different view, but their goal is purely to increase btc with very little support for holding altcoins for longer than they need to. Fortunately I'm not doing this to benefit day traders, I'll do my best to reward those that hold KTK long term. That's not to say don't sell any KTK, it's just hold some off exchanges and receive profit share.



CoinPayments

"you know how much effort was put to get there and now its lost"

I've heard it all now! 

I'm personally not blaming anyone, as I've posted a couple of times... the response below from their support, feel free to contact them yourself to confirm what I was told.

"our system will keep checking and once the feed is back online relist the coin automatically."

Have you tried using the conf file from the OP?

Grab a cuppa! 

If only less effort was put into checking the price every 5 minutes and more into finding ways to support a coin! 

The downward trend... seems someone wants to buy KTK 100-200 sat, and has been slowly listing sell orders at lower prices for the last 7 days (since the market was enabled after the Bittrex DB maintenance). He wants it trading at the lower price to accumulate a bigger stack. And it's pretty easy to achieve when there is little buy pressure. Only need to look at the sell orders and how they are set to see what's going on!

So everyone do not feed the greed. The only way it will work is if others start trading at that level. The person has a certain amount to push the price, and selling into the buy orders means he will be looking to rebuy at the lower prices, so for those who still want to support KTK. Simply don't play his game!

Maybe I'm wrong, but if he wanted to sell all his KTK would just dump all instead of slowly pushing the price down for a week.


*EDIT* point in case...

New sell order: 0.00000303 56302.54000133

Now watch as new orders slowly get placed down to 200 sat. Don't feed the greed of one person and play his games! Easy solution don't sell into the buy orders!


==========

In respect of development nothing has changed. Someone pm'ed me asking if I'm still working on KTK! what? 

Only a few days ago released a wallet update. It wasn't any new features but come on people, would I release anything if I wasn't still working on KTK?

I'm pretty sure I've said it a few times, I'm focused on the marketplace. It's not a 5 minute job...

For one, the online wallet is being worked on to add an API, so it can be used for the marketplace to send/receive payments easily. The code for the marketplace will split the payment between multiple addresses, so the marketplace fee is automatically taken, and the same if there is an affiliate who promotes X product and a sale is made they also get their commission at the time of the transaction.

It will work exactly the same for btc transactions. The code for btc will be finished this week, then integrated into the marketplace next week. Once the api is ready for the wallet, that will be pretty quick to integrate. Once that's done I will give a release date.


I may release a video demo next week of the btc integration, just to show how it will work for a customer to buy. But there is not going to be any new news, as I've already said above nothing has changed. The only thing in development that hasn't progressed and going slower than a snails pace is the andriod wallet, so once the marketplace is live that will be the focus. A decentralized wallet, not centralized that I've been offered on multiple occasions and is nothing more than a online wallet!


==========

Along with the % profit share with KTK holders, I may also offer shares for further % of marketplace profits. And use the funds to hire a company to build various wp themes/plugins and templates to sell on the marketplace. Instead of just relying on profit share on fees alone, it's generating a bigger profit from direct sales on products the marketplace owns. It would also give a budget for marketing/promotion through various online advertising (and no not hiring an overpriced pr company!).

I don't want the focus to just be about trading, that only benefits the few with many losing out. The marketplace is one way to counteract that, when it's generating revenue it will support future KTK development and pay supporters who hold it, stabilizing the exchange price. Giving confidence in KTK, instead of waiting for the "right time" to dump and move on to the next.

This project isn't a short term trade, it's a long term accumulate and hold coin. Those that do will be rewarded!



Tommy, bud is it you playing games on Bittrex? lol

Where's your online wallet? you of all people should have a better understanding of how long things take, seeing as you at one point was programming a wallet for KTK.

For you to post what you have, is pretty annoying. So if I don't post news within a few days, the buy walls are gone and so too is the coin? shiiiiiiiiit I might as well stop now! 

Looking at the rough numbers on the explorer, Bittrex has approx 4M KTK, that leaves a whole lot that's not on exchanges, I'll leave you to come to your own conclusions on that one.


Go and check the coins released in just the last 30 days on Altcoin Herold http://altcoinherald.com/altcoin-launch-calendar/ and then count how many turned out to be scams, devs going awol etc. Then decide if KryptKoin is one of the few altcoins that is different.

So no, regardless of what happens with trading. It's not gone/dead or however else you want to put it. As long as I'm still here it's far from dead.

The recent transactions in the wallet needs an update. After the 1.5.5.0 release it's now listing orphans at the top.

So next release will fix that.

Check the address in your wallet with coin control enabled. It's likely listing some of your coins under a different address due to PoS staking.


If anyone can compile the Mac wallet please pm me for a KTK bounty, as the person who done it previously has not got back to me.