Hello everyone,
I would like to tell you about a problem that the team has been facing for around 3 days now. A certain person suddenly appeared, named Roboteddy and posted a thread on Reddit with false information and speculation at a time at which none of the developers were available. The CEO of the project had deleted that thread as he wanted to redirect it to Slack, so that Yani or I could answer him. In hindsight, we realized that deleting it, even temporarily, was a mistake. Therefore, we have apologized for this deletion. The user has then threatened to defame us via social media, even though we reauthorized him to post the thread.
I have wasted 48 hours responding to misconceptions from a madman who tried to talk like a developer using erroneous information just in order to give bad feedback to the team. Today, he has allowed himself to defame the project on another subreddit.

I think that many developers from various projects have had enough of certain trolls that were just trying to bother and destroy their projects. This kind of troll manifestation that attempts to mislead newcomers in the Bitcoin and altcoin communities are well known. Despite of everything, we are supposed to welcome them properly by explaining things as they really are.

Therefore, I am calling out any developers, users of both altcoins and Bitcoin to come and evaluate me on the project’s thread in order to correct the image of said project.

I wish the community would be welcomed in the face of such problems. NVO is a project that is on the same spectrum as the policy of Bitcoin, namely decentralized. It is not a blockchain that competes with other blockchains; NVO is trying to bring a plus to all of the blockchains.

Please take this post and this request into consideration.

Thank you all.


https://www.reddit.com/r/NVO/comments/6g2wwr/originally_deleted_by_mod_reposting_fundamentally/
https://www.reddit.com/r/ethtrader/comments/6fghd6/thoughts_on_nvo_decentralized_exchange/dipmoyl/?context=3

Yes, the mobile version of the Wallet will support trading and plugins integration.

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Thanks for your support, this have been addressed, and here is the content :

The answer to 0-conf attack vector is in the reddit thread. Effectively when you validate a transaction without confirmations (0-conf), there is a risk for Double spending, or replace by fee, speed attack ... but this can only happen in the case of a normal address, in the reddit thread he didn't considered the specifications of a 2-OF-2. In the case of the validator, the trades will be handled using multisig 2-OF-2, which means that when you will trade using the validator, you will have a shared 2-OF-2 address with the validator, this will prevent this type of attacks as the validator's won't allow such transactions or manipulations.
Once the Validator allows a transaction and process it, you won't be able to issue an attack as you will need the agreement of the Validator. Unless you corrupt the validator, which means breaking SafeNetwork, regroupoing the framents and then decrypting them, all of this, just to get at the validator and try to corrupt a single address. These steps are actually not feasable, maybe in 10 or 20 years using quantum computers or using a lazer computer with graphen components. Even if you do it, you won't be able to corrupt more then a single address, the one you will share with the validator because the addresses will change randomly.

Do not hesitate to ask me more questions.

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We already took measures regarding that, and thank you for telling us, in fact NVO isn't related to that address. This address is a scam :1MwFAhvczy6kPbtPpqX2gmdFdbBxykq4de he created many assets on counterparty to try to scam people, please do not send anything that address.

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Congratulations, this is exactly what the NVO project is. You can add that it will let the users decide which kind of wallet they want to use.

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Hello, thank you for the question. In fact, NVO will allow assets trading, for now, you are seeing it from a centralized point of view.

The model of NVO is A sends to B, so if you have a Waves Asset, and wants to sell it for BTC, and found someone who wants your Assets and offers BTC, both will exchange asset for crypto.

It is as simple as that. The ratio is decided by the traders.

awesome ! The first schysophrenic of the day.

Sasha haven't hired me.
I am supporting a friend, and helping NVO on development.
Sasha isn't the escrow of NVO.

You should read before insulting people.

If Sasha recruits someone, it is for the interest of WavesPlatform, he would have to be the escrow, while the NVO escrows are Lauda, Minerjones, Blazed, coinpayments. NVO would have to be a Waves asset, while it is a counterparty asset (a Bitcoin asset).

No, NVO isn't a competitor to Waves DEX, it is totally different. Waves Dex allows trading for Assets and Waves, while NVO is like a poloniex into a wallet, with a validator (similar to the matcher) hosted on the SafeNetwork, so there isn't that much similarities between NVO and Waves, it also have a plugin system which can be revolutionnary for the payment processors, and annoy centralized banks. It is a freedom project, like Bitcoin. It will be managed like Bitcoin core.

So, NVO isn't related to Waves, or Sasha. and before posting, the lead developer of NVO asked the permission.

Hello everyone, i am Imed Boudali, validator developer for NVO.IO, john.wavesplatform authorized me to announce the project

NVO is a wallet with enhanced features with support for multiple cryptocurrencies, and a decentralized exchange. The most important features offered by the project are a plugin system to bridge different projects to NVO (cryptocurrencies, services, APIs ...) and a decentralized exchange built on the SafeNetwork.

The Validator is similar to the matcher, but the similarities are limited. The most important function of the Validator is to protect the users against double spending, and to enable offline trading.

NVO is aware that Waves have a built-in promising DEX, however the waves DEX allows the trading of Waves Assets, just like counterparty DEX.

NVO could bring a plus to Waves DEX by providing more trading pairs to the Assets and currency trading. Waves and its assets will be tradable for currencies like Ethereum, Bitcoin, Dash ... In a decentralized environment which will bring more volumes to the Waves DEX.

We had a lot of feedback from different communities, SafeNet, BTCT, and even HackForums. I would be more than happy to receive the waves community feedback.

We will answer your questions with pleasure.


Website : https://nvo.io

BTCT: https://bitcointalk.org/index.php?topic=1917456.0
SafeForum: https://safenetforum.org/t/nvo-decentralized-exchange-crowdsale/13608
HackForums: https://hackforums.net/showthread.php?tid=5633228

slack: https://nvoinvite.herokuapp.com/

It will be added halfway of the crowdsale, you are not that strong in mathematics (forgot the post), so i inderstand that you don't like to calculate it manually every day, be patient.

We are not talking about Scam coins, the added coins for the crowdsale have been selected based on their popularity an community, as an example, waves have a great community.
NVO isn't a blockchain, and the team is open for partnerships and collaboration with other projects. There is enough place for everyone in the crypto world.

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The SafeNetwork is Decentralized Distributed Storage Network, it gives you the possibility to save informations into the network, but not only, it also lets you run applications and programs on the safe network.
Please check : https://maidsafe.net/

The plugin system is just for the Wallet, it will let services, users, developers, coin developers include more features into the wallet.
The validator will be hosted in the SafeNetwork, which means that every user will be able to connect to the SafeNetwork and exchange. Please check the whitepaper for diagrams.
Yes, basically it is processing assets/tokens/coins from user A to user B.

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Counterparty have a built-in decentraliazed exchange, actually they are implementing LN and smart contracts.
NVO isn't a blockchain project, but wants to use what the cryptocurrencies have to offer in term of features. Most of the actual decentralized exchanges are semi-decentralized as they have to rely on a specific architecture. Or don't support offline trading. These will be solved with NVO.
Please check the whitepaper.

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As long as you can access your private key (WIF), you can send from any address to the Escrow address.

Again, do not send from exchanges or third parties.

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4 @ 0.9

Thanks for your participation.

If you sent from an exchange directly to the escrow wallet, please join the slack channel for further support.
If you sent from your exodus wallet, and submited the sending address, just keep the private key safe.

Cryptocurrencies provide Two keys, a public key, and a private key. The private key is used to sign transactions, sign messages, controle the address and the funds held by the address.
When you will receive NVOT into an address, you will have to import this address into an environment who supports CounterParty layer, for example, counterWallet, or NVO wallet.

This is why you need an address whom you controle the private key. And it is always a good practice to keep the controle over your private key.

For more details, please check this website : https://counterparty.io/docs/faq/

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There are different ways to add support for FIATs, mostly using the plugin system as you will be able to third parties functionalities from your wallet.

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Fees won't be paid by the holders of NVOT, it would be unfair. Instead, they will be processed in a single transaction paid with the fees paid by NVO.
As long as the size of your transaction is lower then block size, you can send it, and include as much outputs as you want.

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Shapeshift is centralized, in the case of a DEX, the assets/currencies are sent from user A to user B, so you can't exchange a currency to another without having to pay for the fees of each transaction.
Regarding the pairs and markets, they have to setup the pairs because else NVO will loose because of the safecoins consumption.

Regarding the addresses usage, it is all up to you, even if the best is to change address at each trade.

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I had a quick look at greenaddress, it is a mnemonic wallet, you can use it, but it will be a real hassle to get the private key as they provide you the mnemonic only, not the private key (WIF).
You won't be able to see the token, but you will see a transaction like this : https://blockchain.info/address/1PNkBxnz5ePW8FeK6CSs8V2fGHcN9B6HNk
writen in red : Unable to decode output address
Now check this link: https://blockchain.info/tx/3ad44ef919213a32ae6438966c56e3026e23c3b88b272a66d3b6f8baf4cadebf?show_adv=true
and scroll to the bottom, you will see this  :

OP_RETURN 2ee43e2b609aaf07afdbdb56f63fc1450bbe308489effc9e882949c5
(decoded) j.�>+`�����V�?�E�0������)I�

This is the Counterparty TX.

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Yani should be taking care of you at the moment.

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The price will be calculated at the end of the crowdsale.

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Unless there are new coins, you will find the same ones on NVO exchange.
During the first stages of development you will see the most used coins only, and then you will see the amount pairs gradually growing.

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The most important difference is that NVO isn't a blockchain project, and that it will be built on a decentralized distributed storage network, Safe Network.
It is also a multi cryptocurrency wallet who will provide the users with a lot of features.
Please, have a look at the white paper : https://nvo.io/assets/whitepaper.pdf

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1- The beta project will be available around 6 months after project, with all it's "sides" including, Wallet, Cluster, Exchange, Plugin system ... with regular updates.
2- We have to wait untill MaidSafe releases mainnet, they are actually in alpha2, the team will work on the testnet to setup the validator, but a version outside of the safenetwork will be available during that time.
Other solutions are available in case of a SafeNet fail.
3- There is one full time dev, Yani, there is me, as i will work with him, and then for sure other devs will be recruited, the team is already thinking about some devs who can join. The wallet will be open sourced, so people can participate to the development with the team.
4- The team's funds are already engaged into the project. And they are not in the crowdsale.

No, it is not comparable, both offers different products and solutions.
And it is half of 0.4%, when you exchange, there is a maker and a taker, exchanges (centralized or decentralized) take fees on both, in this case 0.2x2 = 0.4

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I don't advise you to use Bitpay, as they will provide you encrypted mnemonics only as they use HD wallets, you can derive the private key, but it is a long process.
the best you could do is to create a wallet here : http://wallet.counterwallet.io/
Send bitcoins to that address.
send from that address to the escrow address.
submit the address into the dashboard.

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There are lots of possibilities about that, it could be coinpayments as they are NVO partners, and any other service provider can enable the support for FIATS using the plugin system. It won't come from NVO, but from service providers.

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It is funny because you understood the whole process :

IF ALTCOIN : altcoin on exchange OR wallet -> Altcoin escrow address on nvo.io dashboard.
IF BITCOIN : bitcoin on exchange -> privately controlled wallet -> bitcoin escrow address on nvo.io dashboard.

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Collected Funds in USD will be displayed soon, but it won't be representative of the real value, as the Altcoins are very unstable actually, and the price calculated at the end of the crowdsale only.

The dashboard isn't linked to any Daemon or core.
NVO won't manage user's funds.
You don't need a node/core/daemon to create an address, a transaction, sign it, and broadcast it.

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Thanks for participating.
It depends, if you sent altcoins, please come back in an hour and you should see it on the dashboard, yet it is not necessary because the most important is that it is visible on the blockchain.
If you sent Bitcoins, you can follow it directly on a block explorer.

I advise you to close this pseudo scam accusation before people get in and tracks your real ID, because when someone have proofs he shows them, he don't waste time on trolling, spaming, and accusing people randomly like you do.

You can accuse Lauda for been straight, strict, and allergic to idiots, but Lauda will never hack anyone, it is totally absurde especially when you know that Laude is one of the actors who protects a lot of users in the forum and one of the most loyal supporters of Bitcoin.

Yeahoo denies a lot of users form his campaigns, for a lot of different reasons like post burning, poor quality, low level priority threads ...

I have been denied, and i understand him, Yahoo have to satisfy his customers, and everybody is looking for a return on investment, this is why he denies so many users, and his campaigns are of a great quality.

5 @ 0.8

This kind of "feature" is usually provided at the end, as it is part of the fine tuning sections, don't worry for the design, it will be great.



Welcome, just watching ? feel free to ask any question, i like both positive and negative feedbacks.

You can use an Electrum wallet address as you can then retrieve the private key, your tokens won't show into an Electrum wallet as it can't parse the counterparty asset informations.



CounterWallet in fact, the best one to use, especially if you are worried about your tokens as you will be able to see them.



Electrum supports only Bitcoin, Electrum-LTC is a fork of Electrum, and untill now, i never heard of an Electrum fork for Ethereum.
Regarding ETH or ETC, you don't have to look for an electrum like wallet.



Thank you for your support.

You are welcome.



X-mas is still far away sammy, i told you that we are around 7k registered users.



The token will be listed on the most important exchanges, yobit isn't one of them, NVO doesn't want to insult the project.

5 @ 0.7

Basically, in order to perform a double spending, you must have a full controle over an address, in order to prevent such action, NVO can use a multisignature addres, a 2-of-2 address, which means that you won't be able to send a transaction without the agreement of the Validator. it may seem centralized but it isn't as it happens on a decentralized environment, and it will be totally transparent and automated.

I answered about dzimbeck, you can check it.

Regarding LN, Bitcoin miners agreed to activate segwit (at least last time i checked) DASH doesn't really need LN as they have other features in their blockchain., I don't think LN is required for ethereum, but for LTC it would be really good.



It is an interesting project, thanks for this, i will document more about it. It is a direct competitor to maidsafe, their project looks great.



If Lauda and i  had a children, he would be like you.

So to answer your question, yes it is a good idea, but we use coins and their value is constantly changing, it would be useless to add it now. i know that we are around 2k participants, some wants to stay annonymous, and we respect them, so i don't think that we will provide such information.

It is the first post who is really perturbating me, especially when it comes from a legendary who says he is a developer, i think you are more a project reader then a developer, and then you come and speculate on projects.

I don't agree with you when you say "give me money and I will build a decentralized exchange", we are not scaming people and i don't tolerate such a lack of respect, and please don't try to minify the project saying the team isn't capable to deliver it.

Now let me answer as a developer, the one who will make the validator (for free, not to bother the development funds), as Yani will work on the wallet, and manage the development team, there will be another developer who will work on coins implementation, and another one for the API clusters, i own't disclose any information regarding because they are still not recruited, they will be paid hourly.

Yani will manage the development team, after the beta2 yani and i will work on the plugin system as it is also into my interest to build it, we will even deliver a plugin for coinpayment integration, it is an insider information but i think that most of the people knew about it.

Now let me talk as a developer and explain to you how your informations are restricted, as you are talking about have been done, and what is going to be done.

- OP codes manipulation is an option, and it may not be used. Because this is related to bitcoin only, and it would restrict NVO and would deprecate the plugin system.
- 2 OF 3  multisig addresses isn't an option at all as the two other participants could cheat on the validator, then the validator won't receive fees, and it is not in the interests of NVO.
- 2 Of 2, you are seeing it as like as you open a direct streem between A and B, which is useless because in the end, what will do the validator here ? in your case the Validator is what you call an Escrow even if it is not his main purpose. In the case of NVO, the 2 OF 2, i will try to explain it in the most way so that you can understand it :

A and B want to trade, A will create a 2-OF-2 with the validator, B will create a 2-OF-2 with the validator. Once the validator verifies the order informations are good, and the transactions are valid, he will issue the required redeem scripts.

The validator will be hosted on safenetwork, i wish a good luck to any hacker who wants to hack into it, or even find it into the safenetwork. Actually with your closed logic, it will take you up to a life or two, unless someone gives you the sollution but it would too late as you won't be able to use it again.

Do not say that you are a developer as long as you can't innovate, developer = innovation not stagnation.

- NVO isn't a blockchain, it is a multi function wallet, with a DEX built on the safenetwork. You can still check their website, with the help of the plugin system, NVO can be a payment processor.

- Now talking about having enough, and fledged DEX, and about marketing, i asked not to give too much details about the validator on the whitepaper, because i wanted to explain it myself, and to explain the phenomenous amount of possibilities offered by the validator and the plugin system, as if i had to explain exactly in details the validator, we would have to create a lot more whitepapers, as he answer to Two big issues about decentralized trading, double spending and offline trading.

For marketing and community reasons, i prefered to let people's toughts open, so that future project developers can innovate using the NVO plugin system and its validator, which will enrich much more the NVO project.

- I don't want to say bad things about komodo but personally i don't really see how it can be usefull. I don't want to insult these projects, but most of them recreates blockchains, this a difference that most of the people have troubles to understand, NVO isn't a blockchain, it is a project who USES blockchains, it integrates them and complete their services.

- I never said that we will create LN for each coins, i said that it would be usable in order to let people know what is the actual stage of developer, in case someone decides to create  an LN DEX, and it wouldn't cost millions, nor years. And actually a lot of coins are already implementing their LN, you can check them.

-You know, even Bitcoin can be hacked in the future, everything is hackable, the technology is moving vary fast it is not frozen in 2017, there is no such "secure" system, and there will never be, even matrix (the movie) have been hacked.


To conclude, you gathered all the shits from the other projects and you throwd them here without even understanding the project, i would have appreciated if you asked me questions about NVO first, instead of throwing unrelated projects problems, and then you insult me even more when you say that i ask for people's money.

No longer insult me without real arguments.

5 @ 0.65