The 2.0 throwdown thread

[Sebastien256]

@jwinterm

I'm not sure what you mean by decentralized applications. In my understanding, asset exchange, voting system, marketplace, messaging, etc, are all example of decentralized applications.

Do you mean decentralized applications made by "third party" on top of the system in question?

Yea, I guess that just seemed to be the big selling point of ETH (and XCR), so I tacked it on there. But, it seems like having automated transactions is essentially the same thing. So, maybe I should remove that line, or change it to something else. I'm very open to suggestions (and explanations).

Nxt has a plugin system where everyone can build apps on top of it and integrate their apps in the Nxt wallet.

For example, we have a complete decentralized plugin:
File sharing plugin https://nxtforum.org/nxt-plugins/file-sharing-plugin-v0-2/

We also have plugin that connect to third party web services:
Shapeshift integration plugin https://nxtforum.org/nxt-plugins/shapeshift-integration-plugin/
tothemoon plugin : https://nxtforum.org/nxt-plugins/nxtbubble-com-nxt-plugin-download-play-directly-in-nrs-1-5-x-clients-9127/

[1714872939]

1714872939

[1714872939]

1714872939

[1714872939]

1714872939

[ffmad]

I suggest adding Shadow (Project) : https://github.com/ShadowProject

- supply : 6,5 M coins
- initial distribution : POW then switch to POS
- Valisation scheme : POS

it has :

- encrypted messaging
- blockchain multisig
- anonymous transaction

in work :

- marketplace (decentralized & anonymous)

About anonymous transactions, Bitshares or NXT don't have it, they only have "more private transactions" than bitcoin (stealth & coinjoin).

Shadow has ring signatures (like cryptonote coins have, but on a bitcoin like blockchain), which is really anonymous.


What do you mean by "decentralized applications" ? (encrypted messaging is a decentralized app)

[erok]

its up there somewhere

I like aeon, but there is at the moment no use of the limited scripting capabilities of cryptonote afaik. By 2.0 I mean capable of decentralized exchanges, markets, applications, etc.

I'm not a fan of shadowcoin, and not sure about whether the market is really decentralized. I believe it is in wallet, but is it just run on a server somewhere?

If you want to call eth a scam, I'd say shadow distribution was more of a scam. I'd rather see an ICO followed by PoW than ninja mine all coins in a few days and then go to PoS, but this thread isn't about casting judgment on distribution methods, just comparing coins.

Maid seems like vaporware to me. I'll be happy to add it if it ever comes off test network.

I agree re: nxt, but it was really the first 2.0, so should definitely be in the table.

aeon does not have scripting abilities but should be considered for 2.0 status because it is designed for iot and embedded device pow. which is important. <-- not 2.0 ffmad corrected me along with wheat.

sdc was launched twice because of a ninja miner the first time but that mistake is frequently made. Relaunches should be considered more often *cough eth*...An in wallet marketplace is coming and you should check out what shadowgo is projected to be. You might like it. I think a good amount of people have the wrong idea about shadow. MOST IMPORTANT TO THIS DISCUSSION THOUGH IS SDT!!!



i agree on maid and on nxt.

I'll leave distribution methods out i guess... but i think that is the most important part and people are glossing over it. People are getting trapped every day.

[ffmad]

I'm not a fan of shadowcoin, and not sure about whether the market is really decentralized. I believe it is in wallet, but is it just run on a server somewhere?

If you want to call eth a scam, I'd say shadow distribution was more of a scam. I'd rather see an ICO followed by PoW than ninja mine all coins in a few days and then go to PoS, but this thread isn't about casting judgment on distribution methods, just comparing coins.

Maid seems like vaporware to me. I'll be happy to add it if it ever comes off test network.

I agree re: nxt, but it was really the first 2.0, so should definitely be in the table.

Sorry it's Shadow, and the "coin" is ShadowCash  . (see https://github.com/ShadowProject)

The market will be decentralized, it will run on ShadowChat (decentralized encrypted messaging system), and will use the anonymous features of ShadowCash to do payments & escrow.

nb : about the distribution I'm also more into ico distribution than pow ... (and it would have helped a lot to fund the development ...)

[Kewde]

I'd also like to ShadowCash added to the list!

Seems to fit as 2.0, is has some features mentioned in that list 

[jwinterm]

I'm not a fan of shadowcoin, and not sure about whether the market is really decentralized. I believe it is in wallet, but is it just run on a server somewhere?

If you want to call eth a scam, I'd say shadow distribution was more of a scam. I'd rather see an ICO followed by PoW than ninja mine all coins in a few days and then go to PoS, but this thread isn't about casting judgment on distribution methods, just comparing coins.

Maid seems like vaporware to me. I'll be happy to add it if it ever comes off test network.

I agree re: nxt, but it was really the first 2.0, so should definitely be in the table.

Sorry it's Shadow, and the "coin" is ShadowCash  . (see https://github.com/ShadowProject)

The market will be decentralized, it will run on ShadowChat (decentralized encrypted messaging system), and will use the anonymous features of ShadowCash to do payments & escrow.

nb : about the distribution I'm also more into ico distribution than pow ... (and it would have helped a lot to fund the development ...)

I prefer PoW, just not when all of the coins are mined within a few days of launch. Anyway, SDC is based on BTC codebase (Blackcoin, apparently), right? I know they've added ring signatures, but I have a hard time calling it a 2.0 when it's forked (in)directly from 1.0, and it doesn't (yet) offer decentralized markets/apps/exchanges/etc. If I add SDC on the basis of anonymity and messaging, then I should add Digital/Dark/Ducknote as well, right? Anyway, I'll consider it after I get a chance to look into the market feature I bit more. I'm leaning towards removing NuShares, so maybe I'll replace it with Shadow.

[Wheatclove]

I'm not a fan of shadowcoin, and not sure about whether the market is really decentralized. I believe it is in wallet, but is it just run on a server somewhere?

If you want to call eth a scam, I'd say shadow distribution was more of a scam. I'd rather see an ICO followed by PoW than ninja mine all coins in a few days and then go to PoS, but this thread isn't about casting judgment on distribution methods, just comparing coins.

Maid seems like vaporware to me. I'll be happy to add it if it ever comes off test network.

I agree re: nxt, but it was really the first 2.0, so should definitely be in the table.

Sorry it's Shadow, and the "coin" is ShadowCash  . (see https://github.com/ShadowProject)

The market will be decentralized, it will run on ShadowChat (decentralized encrypted messaging system), and will use the anonymous features of ShadowCash to do payments & escrow.

nb : about the distribution I'm also more into ico distribution than pow ... (and it would have helped a lot to fund the development ...)

I prefer PoW, just not when all of the coins are mined within a few days of launch. Anyway, SDC is based on BTC codebase (Blackcoin, apparently), right? I know they've added ring signatures, but I have a hard time calling it a 2.0 when it's forked (in)directly from 1.0, and it doesn't (yet) offer decentralized markets/apps/exchanges/etc. If I add SDC on the basis of anonymity and messaging, then I should add Digital/Dark/Ducknote as well, right? Anyway, I'll consider it after I get a chance to look into the market feature I bit more. I'm leaning towards removing NuShares, so maybe I'll replace it with Shadow.

I don't think it meets the requirements to be called a 2.0 platform, yet.

[jwinterm]

Updated again. Would like to put examples of what decentralized apps exist (as well as examples of the exchanges, asset creation, etc.), so if you know of them, and especially if you links, please share

[ffmad]

Updated again. Would like to put examples of what decentralized apps exist (as well as examples of the exchanges, asset creation, etc.), so if you know of them, and especially if you links, please share

Could you change "Anonymous transaction" to "Privacy Features" ?

I think it reflects more what they offer (Coinjoin / Stealth Addresses)

I hope to see Shadow meeting the requirements soon

[jwinterm]

Updated again. Would like to put examples of what decentralized apps exist (as well as examples of the exchanges, asset creation, etc.), so if you know of them, and especially if you links, please share

Could you change "Anonymous transaction" to "Privacy Features" ?

I think it reflects more what they offer (Coinjoin / Stealth Addresses)

I hope to see Shadow meeting the requirements soon

Good idea. I will update in my spreadsheet now, so next time I upload it will reflect, probably later tonight.

[Sebastien256]

@jwinterm

If you want to add
http://www.instantdex.org/
on the list of Nxt dApps example.
I just ask jl777 the dev leader of instandex and he says that it will be fully decentralized with the additional possiblity to trade centralized thing. It is build on top of Nxt.

This is an underdevelopment project, not yet release.


Quote from supernet slack:

sebastien256 [7:59 PM]
Will instantdex be fully decentralized on launch? Or possible only later?

sebastien256 [8:03 PM]
@jl777, I would a direct confirmation from you.

jl777 [8:04 PM]
there is no centralized instantdex model, it will be fully decentralized

jl777 [8:04 PM]
however it will allow trading of centralized things

jl777 [8:05 PM]
so not sure if that violates your "fully decentralized" requirement

[rockethead]

NEM

Market pegged assets - Yes
Encrypted message - Yes

Other features:

Asset backed by another crypto asset - Yes
mutable quantity assets - yes
Time to live assets (with expiration) - yes

[rwfreshmore]

@jwinterm

I'm not sure what you mean by decentralized applications. In my understanding, asset exchange, voting system, marketplace, messaging, etc, are all example of decentralized applications.

Do you mean decentralized applications made by "third party" on top of the system in question?

Yea, I guess that just seemed to be the big selling point of ETH (and XCR), so I tacked it on there. But, it seems like having automated transactions is essentially the same thing. So, maybe I should remove that line, or change it to something else. I'm very open to suggestions (and explanations).

CounterParty has decentralized applications in that context. Right from the get go.. automated transactions.

[Sebastien256]

For Nxt initial distribution, it was to exactly 73 participants.

[jwinterm]

OK, updated rockethead and rwfreshmore. I'd love to get some more examples of actual decentralized applications that are running, in wallet or especially that are accessible by website?

Also, I need to look into NEM a bit more. What market pegged assets are the using and what is the mechanism for the peg? I'm also needing to read more about this stuff:

Asset backed by another crypto asset - Yes
mutable quantity assets - yes
Time to live assets (with expiration) - yes

and maybe add some rows for them.

[Sebastien256]

@jwinterm

You can also add DeBuNe (Decentralized Business Network) as a Nxt dApps build on top of Nxt:
http://debune.org/

This is also a project under devellopement.

Please, I suggest you sort the apps alphabetically in the list.

[Skerberus]

OK, updated rockethead and rwfreshmore. I'd love to get some more examples of actual decentralized applications that are running, in wallet or especially that are accessible by website?

Well to give you one more exciting example. Qora has a built in social network, with posting, liking, sharing, custom blogs and everything decentralized on blockchain. Although the html pages for that are currently hardcoded (only the website for showing the results, all posts and data is on blockchain!) this relies completly on the namestorage that is accessible and modifiable through any third party application (or decentralized website). So the social network could have been done by any user and not only by the dev team, this just shows how powerful this is. All of this is automatically accessible through wallet so there is no need to download another third party application, it is all built in, easy to use and can be extended by anyone.

You can browse the social network here to have a quick look: http://qora.co.in:9090/index/main.html

[Sebastien256]

I think that "Full offline transaction signing support" label short as "Offline transaction signing" is an important security feature that any crypto should be able to do. I think that bitcoin offer this, but the new 2.0 platform might not support it yet or it might be a very complicated thing to do for the user without having the knownledge of a dev or equivalent.

The purpose of this security feature is to allow users to sign transactions
without ever entering their passphrase on a workstation connected to the
internet, thus avoiding the risk of having their passphrase stolen by locally
installed malware such as key loggers or copy/paste loggers, or malicious
plugins.

Nxt currently offer that security feature by following a simple procedure. I'm wondering which other 2.0 platform actually support full offline transaction signing.

[riceberry]

There is also this game currently being made, which will run on the NXT platform.
I think that would count as another DAPP.
http://voxelnauts.com/

[rnicoll]

Cross-chain transactions on Bitcoin-likes is trickier, but mostly solved: https://github.com/rnicoll/cate/

https://en.bitcoin.it/wiki/Atomic_cross-chain_trading goes into the theory. Right now there's issues with transaction malleability risks; BIP 66 is a huge step in the right direction, but we need to go back to a lot of what was in BIP 62 for a full solution. Still, thought worth mentioning.