[ANN][XPS] Payshares - Simplifying Money for Everyone

[kedia]

Payshares is an open source protocol for exchange, payments, and remittance forged by Kedia.  Its base components include an open distributed ledger system and native currency payshare units known as XPS.  The Payshares Platform enhances the cryptocurrency industry with near instant extremely low cost transactions with great risk reduction for all participants.



Website :  https://payshares.org
Github : https://github.com/payshares
Payshares for Windows: https://github.com/Payshares/paysharesd/releases/download/0.28.0-k/paysharesd.exe
Documentation : https://github.com/payshares/docs
Wallet: https://launch.payshares.org
Initial Supply : 100,000,000,000 XPS at 1% inflation.

The Payshares Ledger holds all account information, transactions, and offers available on the network.  Participants on the network are able to reach consensus in average of one to five seconds.  Consensus allows for the network to operate in a distributed fashion.

Everyone is able to participate and contribute computational power to the network on standard hardware.  Standard Servers reduce storage requirements by maintaining a recent snapshot of the ledger.  Trusted Nodes such as those in operation by Kedia will maintain the full ledger.

Every feature currently available in its competitors is also currently available for Payshares.  Unique to Payshares is the expansion capabilities of its distributed exchange, opening up asset management opportunities previously only achievable by centralized financial systems.

Social Media
Telegram Channel
Telegram Group
Facebook
Twitter
Reddit


Payshares Genesis Ledger:

Code:

{
   "result" : {
      "ledger" : {
         "accepted" : true,
         "account_hash" : "CD61677B53191E1FDCA8861E68B11688B86260A5DE55429942FB79EE3D066BCF",
         "close_time" : 559688910,
         "close_time_human" : "2017-Sep-25 21:08:30",
         "close_time_resolution" : 30,
         "closed" : true,
         "fee_pool" : "0",
         "hash" : "F5524981DB75D730771449FAEF7ED46F621193638F96B2DDAFF456B7925EE46A",
         "inflate_seq" : "1",
         "ledger_hash" : "F5524981DB75D730771449FAEF7ED46F621193638F96B2DDAFF456B7925EE46A",
         "ledger_index" : "1",
         "parent_hash" : "0000000000000000000000000000000000000000000000000000000000000000",
         "seqNum" : "1",
         "totalCoins" : "100000000000000000",
         "total_coins" : "100000000000000000",
         "transaction_hash" : "0000000000000000000000000000000000000000000000000000000000000000"
      },
      "status" : "success"
   }
}

[helmy77]

web is not available LOL

[iqlimasyadiqa]

seems like czarparty 

[kedia]

Development Update:

Payshares is now forging consensus and the initial reference implementation of XPR is available at https://github.com/payshares/paysharesd

Support is being provided for Ubuntu 14.04 LTS 64-bit.  It is recommended to have at least 2 GB RAM, a quad core processor, and adequate disk space.  Installation of paysharesd on Ubuntu 14.04 is relatively straightforward with administrator privileges:

Code:

sudo apt-get update
sudo apt-get upgrade
sudo apt-get install git autoconf autogen automake build-essential software-properties-common libboost-all-dev libcurl4-openssl-dev libdb-dev libdb++-dev libgmp3-dev libminiupnpc-dev libmpfr-dev libssl-dev libcurl4-openssl-dev libjansson-dev pax-utils
sudo apt-get install git scons ctags pkg-config protobuf-compiler libprotobuf-dev libssl-dev python-software-properties libboost1.55-all-dev g++ make
sudo update-alternatives --install /usr/bin/gcc gcc /usr/bin/gcc-4.8 40 --slave /usr/bin/g++ g++ /usr/bin/g++-4.8
sudo update-alternatives --config gcc
wget https://download.libsodium.org/libsodium/releases/LATEST.tar.gz
tar xzf LATEST.tar.gz
cd libsodium-*/
./configure
make && make check && sudo make install
cd ..
git clone https://github.com/payshares/paysharesd.git
cd paysharesd/
scons

After compilation, paysharesd will be available within the 'build' directory.  paysharesd.cfg should be placed in the ~/.config/payshares directory.  Create the following directories:

Code:

(if not exists):
mkdir ~/.config

mkdir ~/.config/payshares
mkdir ~/.config/payshares/db

The published documentation will be updated to reflect the initial validating node as referenced in the following example paysharesd.cfg:

Code:

# Allow other peers to connect to this server.
#
[peer_ip]
0.0.0.0

[peer_port]
52011

# Allow untrusted clients to connect to this server.
#
[websocket_public_ip]
0.0.0.0

[websocket_public_port]
5016

# Provide trusted websocket ADMIN access to the localhost.
#
[websocket_ip]
127.0.0.1

[websocket_port]
6016

# Provide trusted json-rpc ADMIN access to the localhost.
#
[rpc_ip]
127.0.0.1

[rpc_port]
5015

[rpc_allow_remote]
0

[node_size]
medium

# This is primary persistent datastore for paysharesd.  This includes transaction
# metadata, account states, and ledger headers.  
[node_db]
type=RocksDB
path=<userpath>/.config/payshares/db/rocksdb
open_files=2000
filter_bits=12
cache_mb=256
file_size_mb=8
file_size_mult=2

[database_path]
<userpath>/.config/payshares/db

# This needs to be an absolute directory reference, not a relative one.
# Modify this value as required.
[debug_logfile]
<userpath>/.config/payshares/debug.log

[sntp_servers]
time.windows.com
time.apple.com
time.nist.gov
pool.ntp.org

# Where to find some other servers speaking the Payshares protocol.
#
[ips]
validator.payshares.co 52011

[validators]
naLkDUxjwnGDfwgRW82MtzzctajnJq8YKsdmMXRTus8FRvZ3ABr VLD0

# Ditto.
[validation_quorum]
1

[consensus_threshold]
1

# Turn down default logging to save disk space in the long run.
# Valid values here are trace, debug, info, warning, error, and fatal
[rpc_startup]
{ "command": "log_level", "severity": "warning" }

# Configure SSL for WebSockets.  Not enabled by default because not everybody
# has an SSL cert on their server, but if you uncomment the following lines and
# set the path to the SSL certificate and private key the WebSockets protocol
# will be protected by SSL/TLS.
#[websocket_secure]
#1

#[websocket_ssl_cert]
#/etc/ssl/certs/server.crt

#[websocket_ssl_key]
#/etc/ssl/private/server.key

# Defaults to 0 ("no") so that you can use self-signed SSL certificates for
# development, or internally.
#[ssl_verify]
#0

[MRKLYE]

My question:

Is this some sort of premined piece of shit coin like ripple?

Not much for info on this launch and it smells pretty rippley.. that isn't a good thing.

*edit: Total coins: 99999999999999000...  Only a fucking FOOL would get involved with a project with a ridiculous amount such as this.

[MRKLYE]

My question:

...

The supply isn't mineable and reads as 99,999,999,999.999000 XPR at 1% inflation.  100 Billion Units is hardly ridiculous and participants may obtain units through participation on Twitter and Facebook.

Maybe I'm being critical. I just don't see any innovation or reason for this coin to exist though. :/

[kedia]

One Step Closer

[BITCOINERSEJATI]

One Step Closer

are this stellar clone
well well well
this coin will be share like stellar give away? true or wrong

[Bank_sy]

Why this and not ripple? or stellar?
Waste of time i think

[kedia]

One Step Closer

are this stellar clone
well well well
this coin will be share like stellar give away? true or wrong

Of course there are fair distribution plans for the Payshares Platform 

[lin0sspice]

Look good
Never saw ripple clone before.

Let see....

[ltcrstrbrt]

Any updates?

[luckykitty]

So how to be distributed?

[polesdav]

exchange is offline..

https://treefunder.co/

and market page does not exist

https://treefunder.co/markets/xltbtc

 

[majeis]

exchange is offline..

https://treefunder.co/

and market page does not exist

https://treefunder.co/markets/xltbtc

 

Would have been a little bit interesting seeing a snapshot ripple/stellar clone. Those always make everyone so upset. 

[BITCOINERSEJATI]

How should distribution of the Payshares Supply occur? embed
1. Perform a Giveaway
 3 votes (60%)
2. Host an ICO
 1 vote (20%)
3. Let developers retain it
 1 vote (20%)
5 total votes

Only 5 people vote on https://strawpoll.me/4354114/r

I am waiting for news are this coin will be launch or not,,,?

[tolikkk]

any  news?

[Sukrim]

This seems to be a fork of Stellar which is a (back then already slightly stale) fork of Ripple. Any plans to update with more recent improvements from upstream rippled, as stellard is being rewritten significantly after all?

Also it is not unlikely that you are also vulnerable to some issues that Ripple recently fixed.

[Sukrim]

Well, your config files are broken, so I can't verify if you are vulnerable as it is impossible to connect to your network - also you don't seem to actually do anything on that ledger (your total_coins number hasn't changed). Do you offer bug bounties?

[BITCOINERSEJATI]

The Payshares Team has issued its first Bounty:  https://payshares.co/blog/2015/06/11/design-bounty.html

That is so many Payshares are you joke 1m for design ?
what price your goal if Payshares listed on market ?