[ANN] [R3D] NEW UPDATES COMING SOON

[sidhujag]

Can you not do what this coin is doing on something like Ethereum within one script?

The entire system itself is more than just a script but there's also the economics of it involved,  as well as the fact it's not attached to or dependent on any project such as Ethereum.

     Best regards,

syntaks

You will have a support nightmare doing the coloured coin implementation.. Hence my original question.. Anything you are doing is possible with AT or ethereum smart contracts unless you prove otherwise (hence my question)

[twoturtles]

Knowing how a typical blockchain works and then seeing the demos, one question comes to mind... I'm pretty sure I have the answer already but I will ask the question anyway.
Will users be able to edit posts and comments?

That was brought up earlier and the consensus was that it was desired but with a revision history.  It's definitely something we could include.

     Best regards,

syntaks

[chey]

Knowing how a typical blockchain works and then seeing the demos, one question comes to mind... I'm pretty sure I have the answer already but I will ask the question anyway.
Will users be able to edit posts and comments?

That was brought up earlier and the consensus was that it was desired but with a revision history.  It's definitely something we could include.

     Best regards,

syntaks

That's fine. But in the event that something is published that someone didn't want published or changed their mind about...it wouldn't matter and could never go away. Correct?

[twoturtles]

Can you not do what this coin is doing on something like Ethereum within one script?

The entire system itself is more than just a script but there's also the economics of it involved,  as well as the fact it's not attached to or dependent on any project such as Ethereum.

     Best regards,

syntaks

You will have a support nightmare doing the coloured coin implementation.. Hence my original question.. Anything you are doing is possible with AT or ethereum smart contracts unless you prove otherwise (hence my question)

Coloured coin implementation?  Would you care to elaborate a bit?  I think perhaps some wires are crossed and you're under the impression we're trying to do what Ethereum is doing or several other projects but that's not the case.

     Best regards,

syntaks

[twoturtles]

Knowing how a typical blockchain works and then seeing the demos, one question comes to mind... I'm pretty sure I have the answer already but I will ask the question anyway.
Will users be able to edit posts and comments?

That was brought up earlier and the consensus was that it was desired but with a revision history.  It's definitely something we could include.

     Best regards,

syntaks

That's fine. But in the event that something is published that someone didn't want published or changed their mind about...it wouldn't matter and could never go away. Correct?

That's correct - but the latest revision would be the one displayed.  Access to earlier ones could be provided and/or referenced.  The details aren't all planned out yet as this request just came in no sooner than a few days ago.

     Best regards,

syntaks

[garaux]

Knowing how a typical blockchain works and then seeing the demos, one question comes to mind... I'm pretty sure I have the answer already but I will ask the question anyway.
Will users be able to edit posts and comments?

That was brought up earlier and the consensus was that it was desired but with a revision history.  It's definitely something we could include.

     Best regards,

syntaks

That's fine. But in the event that something is published that someone didn't want published or changed their mind about...it wouldn't matter and could never go away. Correct?

That's correct - but the latest revision would be the one displayed.  Access to earlier ones could be provided and/or referenced.  The details aren't all planned out yet as this request just came in no sooner than a few days ago.

     Best regards,

syntaks

I believe it's absolutely critical that all published content be stored in the Write Once, Read Many / WORM fashion to stay true to the spirit of the project.  Allowing edits allows censorship. 

Revisions are absolutely a great idea, working off a snapshot from the original post and applying changes since preventing edits entirely would make the technology too unwieldily for publishing.   

[garaux]

I've resisted creating an account on BTT for a long time due to how toxic the environment has become as a result of all the scams.  It's an unfortunate side effect of an otherwise excellent unregulated market.

I created an account to show my support for R3D, which I've invested in.  I realize this may run counter to the general BTT sentiment, but this is an instance where I am not investing for the hope of financial profit.  If it comes, great, but all of my expectations for this project are for it's contribution to free, immutable speech.

I gotta say, it feels good to invest in something because I believe in it's impact to society, as opposed to holding on to the hope of good trades on Polo or Bittrex.  I have other coins to fill those gaps.

I do have a tech question about the blockchain.  I run search engine indexes on several hundred thousand websites, and I'm in the terabytes of compressed, deduplicated data already. 

How will the blockchain handle the sheer volume of data needed to host websites?  Whats the plan for scale?

[chey]

Knowing how a typical blockchain works and then seeing the demos, one question comes to mind... I'm pretty sure I have the answer already but I will ask the question anyway.
Will users be able to edit posts and comments?

That was brought up earlier and the consensus was that it was desired but with a revision history.  It's definitely something we could include.

     Best regards,

syntaks

That's fine. But in the event that something is published that someone didn't want published or changed their mind about...it wouldn't matter and could never go away. Correct?

That's correct - but the latest revision would be the one displayed.  Access to earlier ones could be provided and/or referenced.  The details aren't all planned out yet as this request just came in no sooner than a few days ago.

     Best regards,

syntaks

I believe it's absolutely critical that all published content be stored in the Write Once, Read Many / WORM fashion to stay true to the spirit of the project.  Allowing edits allows censorship. 

Revisions are absolutely a great idea, working off a snapshot from the original post and applying changes since preventing edits entirely would make the technology too unwieldily for publishing.   

Agreed. Revisions are a good idea and should probably be in the first release.

I also think it's important for people to know that what they put on the r3d network will never go away. There should be warnings to the average user. "What happens on the blockchain stays on the blockchain... and can never be deleted....ever...not even by your lawyer."

[stoner19]

Just a little update for everyone...We'll be posting some stress test results after the client demo of the volume sent to a r3d-powered site.  So far from preliminary tests, it's handled quite well.  Of course it depends also on your host and server's abilities as well, but we'll run these local to rule those factors out mostly.

[o48o]

Somebody explain to me just how the fuck could bittrex hold a buywall near at 100sat after the ico? There are potentially 800btc worth of R3d investors eager to get their money worth, some even panic selling from the start for sure... The WHOLE volume in bittrex is now 640 BTC. Do you except investors just appear from thin air after the ico to buy at the ico price or higher? Wtf? But i like what you're doing guys, keep up the good coding   

[goldengatesgreenest.com]

Somebody explain to me just how the fuck could bittrex hold a buywall near at 100sat after the ico? There are potentially 800btc worth of R3d investors eager to get their money worth, some even panic selling from the start for sure... The WHOLE volume in bittrex is now 640 BTC. Do you except investors just appear from thin air after the ico to buy at the ico price or higher? Wtf? But i like what you're doing guys, keep up the good coding Smiley

My bet says that if this ICO becomes successful then this coin would quickly be added to cryptsy where there is much more volume and most will just take their coins off the exchanges.

You are still in the old mindset where every coin has to be invested by "investors" who will want a quick buck.  This project is for those who can see the vision of what this could be and not to sell half at double to get back your money.

There are plenty of other coins out there that I own and are profiting from.  This one, I just threw in a few BTC to see where it goes.  No intention or assumptions here of making a huge profit, I just think that ideas like this need to get rooted.

Oh and if you're looking at the volume at bittrex right now, most of it is faked with the GCR which has like around 200BTC fake volume right now.

[yak]

Somebody explain to me just how the fuck could bittrex hold a buywall near at 100sat after the ico? There are potentially 800btc worth of R3d investors eager to get their money worth, some even panic selling from the start for sure... The WHOLE volume in bittrex is now 640 BTC. Do you except investors just appear from thin air after the ico to buy at the ico price or higher? Wtf? But i like what you're doing guys, keep up the good coding   

most people with any sense whatsoever will see that holding r3d and fostering the growth in r3d's network is way smarter... do you really think that if it reaches 800btc or more 800btc or more of it will be selling instantly?

is this a joke?

[goldengatesgreenest.com]

Somebody explain to me just how the fuck could bittrex hold a buywall near at 100sat after the ico? There are potentially 800btc worth of R3d investors eager to get their money worth, some even panic selling from the start for sure... The WHOLE volume in bittrex is now 640 BTC. Do you except investors just appear from thin air after the ico to buy at the ico price or higher? Wtf? But i like what you're doing guys, keep up the good coding   

most people with any sense whatsoever will see that holding r3d and fostering the growth in r3d's network is way smarter... do you really think that if it reaches 800btc or more 800btc or more of it will be selling instantly?

is this a joke?

Plus all the coins that are bought during the ICO will be the only coins in existence and the portion I buy will probably not come up for sale at the exchanges.  I'm not sure how many are feeling the same way as I am but I think a lot are.

[yak]

Somebody explain to me just how the fuck could bittrex hold a buywall near at 100sat after the ico? There are potentially 800btc worth of R3d investors eager to get their money worth, some even panic selling from the start for sure... The WHOLE volume in bittrex is now 640 BTC. Do you except investors just appear from thin air after the ico to buy at the ico price or higher? Wtf? But i like what you're doing guys, keep up the good coding   

most people with any sense whatsoever will see that holding r3d and fostering the growth in r3d's network is way smarter... do you really think that if it reaches 800btc or more 800btc or more of it will be selling instantly?

is this a joke?

Plus all the coins that are bought during the ICO will be the only coins in existence and the portion I buy will probably not come up for sale at the exchanges.  I'm not sure how many are feeling the same way as I am but I think a lot are.

i bought almost 7btc worth... i have absolutely no intention of selling them... i need them for some projects i have in mind... hell even making some r3d faucets would be super profitable, one thing i want to do is put all of cryptogeeks twitter/site onto r3d

[o48o]

Somebody explain to me just how the fuck could bittrex hold a buywall near at 100sat after the ico? There are potentially 800btc worth of R3d investors eager to get their money worth, some even panic selling from the start for sure... The WHOLE volume in bittrex is now 640 BTC. Do you except investors just appear from thin air after the ico to buy at the ico price or higher? Wtf? But i like what you're doing guys, keep up the good coding  

most people with any sense whatsoever will see that holding r3d and fostering the growth in r3d's network is way smarter... do you really think that if it reaches 800btc or more 800btc or more of it will be selling instantly?

is this a joke?

Nope, of course not, there have always been and will always be a big ratio of bagholders with EVERY coin who will say holding long term will be much smarter. As well as there will be big ratio of high frequency traders... Maybe you guys just don't sell then, that would be cool... I am just thinking where should i put my buy order.

[goldengatesgreenest.com]

Somebody explain to me just how the fuck could bittrex hold a buywall near at 100sat after the ico? There are potentially 800btc worth of R3d investors eager to get their money worth, some even panic selling from the start for sure... The WHOLE volume in bittrex is now 640 BTC. Do you except investors just appear from thin air after the ico to buy at the ico price or higher? Wtf? But i like what you're doing guys, keep up the good coding  

most people with any sense whatsoever will see that holding r3d and fostering the growth in r3d's network is way smarter... do you really think that if it reaches 800btc or more 800btc or more of it will be selling instantly?

is this a joke?

Nope, of course not, there have always been and will always be a big ratio of bagholders with EVERY coin who will say holding long term will be much smarter. As well as there will be big ratio of high frequency traders... Maybe you guys just don't sell then, that would be cool... I am just thinking where should i put my buy order.

I would put a few bitcoin in to help get this project to even launch, then stick some more btc in at like 50 satoshis,  I bought 2.5btc, I'll be putting 2.5btc more in buy orders around there

[twoturtles]

Knowing how a typical blockchain works and then seeing the demos, one question comes to mind... I'm pretty sure I have the answer already but I will ask the question anyway.
Will users be able to edit posts and comments?

That was brought up earlier and the consensus was that it was desired but with a revision history.  It's definitely something we could include.

     Best regards,

syntaks

That's fine. But in the event that something is published that someone didn't want published or changed their mind about...it wouldn't matter and could never go away. Correct?

That's correct - but the latest revision would be the one displayed.  Access to earlier ones could be provided and/or referenced.  The details aren't all planned out yet as this request just came in no sooner than a few days ago.

     Best regards,

syntaks

I believe it's absolutely critical that all published content be stored in the Write Once, Read Many / WORM fashion to stay true to the spirit of the project.  Allowing edits allows censorship. 

Revisions are absolutely a great idea, working off a snapshot from the original post and applying changes since preventing edits entirely would make the technology too unwieldily for publishing.   

Agreed. Revisions are a good idea and should probably be in the first release.

I also think it's important for people to know that what they put on the r3d network will never go away. There should be warnings to the average user. "What happens on the blockchain stays on the blockchain... and can never be deleted....ever...not even by your lawyer."

This is basically what's been planned exactly in the client.  Everyone will see a clear disclaimer/warning.  We're stepping into a new arena here and the proper steps all need to be taken.

     Best regards,

syntaks

[goldengatesgreenest.com]

If you are a content creator, you are crazy not to pay attention to this project.  This is going to make blog owners and independent media websites tons of bitcoins worth of R3D for just letting others speak their mind on any subject.

[o48o]

Somebody explain to me just how the fuck could bittrex hold a buywall near at 100sat after the ico? There are potentially 800btc worth of R3d investors eager to get their money worth, some even panic selling from the start for sure... The WHOLE volume in bittrex is now 640 BTC. Do you except investors just appear from thin air after the ico to buy at the ico price or higher? Wtf? But i like what you're doing guys, keep up the good coding  

most people with any sense whatsoever will see that holding r3d and fostering the growth in r3d's network is way smarter... do you really think that if it reaches 800btc or more 800btc or more of it will be selling instantly?

is this a joke?

Nope, of course not, there have always been and will always be a big ratio of bagholders with EVERY coin who will say holding long term will be much smarter. As well as there will be big ratio of high frequency traders... Maybe you guys just don't sell then, that would be cool... I am just thinking where should i put my buy order.

I would put a few bitcoin in to help get this project to even launch, then stick some more btc in at like 50 satoshis,  I bought 2.5btc, I'll be putting 2.5btc more in buy orders around there

Yep, got to get some to support launch as well

[yak]

Somebody explain to me just how the fuck could bittrex hold a buywall near at 100sat after the ico? There are potentially 800btc worth of R3d investors eager to get their money worth, some even panic selling from the start for sure... The WHOLE volume in bittrex is now 640 BTC. Do you except investors just appear from thin air after the ico to buy at the ico price or higher? Wtf? But i like what you're doing guys, keep up the good coding  

most people with any sense whatsoever will see that holding r3d and fostering the growth in r3d's network is way smarter... do you really think that if it reaches 800btc or more 800btc or more of it will be selling instantly?

is this a joke?

Nope, of course not, there have always been and will always be a big ratio of bagholders with EVERY coin who will say holding long term will be much smarter. As well as there will be big ratio of high frequency traders... Maybe you guys just don't sell then, that would be cool... I am just thinking where should i put my buy order.

cant really have a big ratio of both right
as far as where you should put your buy order i would have no idea, however many coins it launches with are how many coins total that will ever be made... no stupid pos interest rate.. no insanely high block reward driving the miners to dump... if you aren't in the ico buying r3d, once r3d comes and you want to use it the only way to get it is to buy it from an exchange or to mine it... if you mine it the ONLY way you earn r3d is if someone is to do something on the r3d network (register an account or post or comment or vote or whatever)... so that turns to the only way someone will have dumped r3d is if someone will have bought it previously (via the ico or afterwards)... its pretty much coin recycling