🔄🔄🔄🔄 ――――― ▲ MOIN ――――― It's not dead. It's resting ―――― 🔄🔄🔄🔄

[vella85]

Fortnightly Sunday Update

Postponed till Monday.

No problem KingCaper, thanks for letting us all know.

Picked up a few hundred more MOIN coins today and will be buying a few hundred more in the next day or so with my signature campaign funds. The price is still holding strong which is good to see after MOIN's recent all time high.

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[axllht]

What about the question - "Development news/updates: what's your preference?":

Regular updates regardless of status (weekly) if nothing new yet so please just tell that nothing new yet, but estimated time of next update is...
and
post if new update and repeat it in summary on end of the week

[KingCaper]

Sorry something personal came up. Will update shortly.

[CoinBreader]

Sorry something personal came up. Will update shortly.

i hope everything is fine, take your time

[vella85]

Sorry something personal came up. Will update shortly.

i hope everything is fine, take your time

Yes I hope so too.

MOIN is seeing some nice trading volume over at Livecoin exchange where the price is 4200 sats and over 0.06 USD. I only buy my MOIN on Cryptopia but I might now sign up for an account at Livecoin as well and take advantage of the market on there as I have seen this happen with MOIN a few times already on Livecoin.

[KingCaper]

(Belated) Fortnightly Sunday Update


Excuse the delay.

The recent unusual behaviour with MOINX transactions gave me a chance to delve into sections of the code I hadn't properly explored yet. I'd been curious about the exact mechanics of the private transactions, but it wasn't at the top of my list due to it not being directly relevant to the functioning of the platform. But anything that affects core functionality obviously takes priority, so I've been studying the stealth transaction code while brushing up on ECDH, CryptoNote and various bits and pieces in between.

The MOIN codebase is actually pretty dense. Between Bitcoin and the Peercoin, Blackcoin and Shadow additions, it can be a lot to navigate and it became apparent to me that I wasn't really going about it in the most efficient way. So I took a few days to re-examine my toolset and to try to improve my workflow  - experimenting with various Vim plugins mainly - so that I can find and skip deftly between function calls and definitions etc. in future. Granted, none of this is very sexy, but the cumulative time-savings it'll bring should make it more than worthwhile.

Now to the MOINX transactions. My understanding is that when an encrypted wallet detects an incoming transaction it stores the public key, ephem pubkey and various metadata so that the spend pvt key can be derived and saved next time the wallet is unencrypted. From a security standpoint it obviously makes sense not to have the unencrypted spend key just sitting in memory indefinitely. So when you unlock the wallet you'll find your PRIVATE balance in the overview does in fact update to reflect any incoming MOINX transactions, though on the transactions page it still shows as a "sent MOINX" transaction with a 0.00 value until the wallet is restarted. It's behaviour we've inherited from SDC, but it could definitely be improved upon. I still need to figure out exactly what information a locked wallet can glean about an incoming MOINX transaction before deciding how best to convey it, so that's my job for next week.

To be honest I don't like writing about these sorts of things, it doesn't come naturally to me so I find it time-consuming. It also feels a bit self-indulgent. But if it's valuable to the community then it's worthwhile. I noticed a few people expressing a desire for more information on the platform so in the next update I'll try to explain further the reasoning behind the veil of secrecy. And apologies again for the delay - I'm fortunate enough to be in a position to work on MOIN almost exclusively, but occasionally something outside the project demands attention. Just be thankful I don't have a very active social life (and pray that I don't find a girlfriend!).  

[CoinBreader]

(Belated) Fortnightly Sunday Update


Excuse the delay.

The recent unusual behaviour with MOINX transactions gave me a chance to delve into sections of the code I hadn't properly explored yet. I'd been curious about the exact mechanics of the private transactions, but it wasn't at the top of my list due to it not being directly relevant to the functioning of the platform. But anything that affects core functionality obviously takes priority, so I've been studying the stealth transaction code while brushing up on ECDH, CryptoNote and various bits and pieces in between.

The MOIN codebase is actually pretty dense. Between Bitcoin and the Peercoin, Blackcoin and Shadow additions, it can be a lot to navigate and it became apparent to me that I wasn't really going about it in the most efficient way. So I took a few days to re-examine my toolset and to try to improve my workflow  - experimenting with various Vim plugins mainly - so that I can find and skip deftly between function calls and definitions etc. in future. Granted, none of this is very sexy, but the cumulative time-savings it'll bring should make it more than worthwhile.

Now to the MOINX transactions. My understanding is that when an encrypted wallet detects an incoming transaction it stores the public key, ephem pubkey and various metadata so that the spend pvt key can be derived and saved next time the wallet is unencrypted. From a security standpoint it obviously makes sense not to have the unencrypted spend key just sitting in memory indefinitely. So when you unlock the wallet you'll find your PRIVATE balance in the overview does in fact update to reflect any incoming MOINX transactions, though on the transactions page it still shows as a "sent MOINX" transaction with a 0.00 value until the wallet is restarted. It's behaviour we've inherited from SDC, but it could definitely be improved upon. I still need to figure out exactly what information a locked wallet can glean about an incoming MOINX transaction before deciding how best to convey it, so that's my job for next week.

To be honest I don't like writing about these sorts of things, it doesn't come naturally to me so I find it time-consuming. It also feels a bit self-indulgent. But if it's valuable to the community then it's worthwhile. I noticed a few people expressing a desire for more information on the platform so in the next update I'll try to explain further the reasoning behind the veil of secrecy. And apologies again for the delay - I'm fortunate enough to be in a position to work on MOIN almost exclusively, but occasionally something outside the project demands attention. Just be thankful I don't have a very active social life (and pray that I don't find a girlfriend!).  

keep your focus MOIN project ! and not worry about the gf , when you done with it ill arrange you 2x gf at least Greek ones!
thanks for the update!

[KingCaper]

(Belated) Fortnightly Sunday Update


Excuse the delay.

The recent unusual behaviour with MOINX transactions gave me a chance to delve into sections of the code I hadn't properly explored yet. I'd been curious about the exact mechanics of the private transactions, but it wasn't at the top of my list due to it not being directly relevant to the functioning of the platform. But anything that affects core functionality obviously takes priority, so I've been studying the stealth transaction code while brushing up on ECDH, CryptoNote and various bits and pieces in between.

The MOIN codebase is actually pretty dense. Between Bitcoin and the Peercoin, Blackcoin and Shadow additions, it can be a lot to navigate and it became apparent to me that I wasn't really going about it in the most efficient way. So I took a few days to re-examine my toolset and to try to improve my workflow  - experimenting with various Vim plugins mainly - so that I can find and skip deftly between function calls and definitions etc. in future. Granted, none of this is very sexy, but the cumulative time-savings it'll bring should make it more than worthwhile.

Now to the MOINX transactions. My understanding is that when an encrypted wallet detects an incoming transaction it stores the public key, ephem pubkey and various metadata so that the spend pvt key can be derived and saved next time the wallet is unencrypted. From a security standpoint it obviously makes sense not to have the unencrypted spend key just sitting in memory indefinitely. So when you unlock the wallet you'll find your PRIVATE balance in the overview does in fact update to reflect any incoming MOINX transactions, though on the transactions page it still shows as a "sent MOINX" transaction with a 0.00 value until the wallet is restarted. It's behaviour we've inherited from SDC, but it could definitely be improved upon. I still need to figure out exactly what information a locked wallet can glean about an incoming MOINX transaction before deciding how best to convey it, so that's my job for next week.

To be honest I don't like writing about these sorts of things, it doesn't come naturally to me so I find it time-consuming. It also feels a bit self-indulgent. But if it's valuable to the community then it's worthwhile. I noticed a few people expressing a desire for more information on the platform so in the next update I'll try to explain further the reasoning behind the veil of secrecy. And apologies again for the delay - I'm fortunate enough to be in a position to work on MOIN almost exclusively, but occasionally something outside the project demands attention. Just be thankful I don't have a very active social life (and pray that I don't find a girlfriend!).  

keep your focus MOIN project ! and not worry about the gf , when you done with it ill arrange you 2x gf at least Greek ones!
thanks for the update!

Deal.  


** I was a bit clumsy with my use of "spend pvt key" and "spend key" above. Just to clarify, there's a scan key-pair and spend key-pair, with stealth addresses being made from the public keys of both. What I was referring to was the pvt key for spending the newly received MOINX token.

Anyway, the reason the balance isn't updated with MOINX transactions is because it's not possible to check if the token has been further spent until a key image for it is produced, and it's not possible to create the key image without access to the unencrypted private spend key (i.e. without the wallet being unlocked). So I think the best option is to change it so that locked wallets show an incoming transaction of indeterminate amount with a tooltip explaining that the amount involved will be revealed once the wallet has been unlocked. Plus make it so that the details in the transactions table are automatically updated when this is done.

Sound good?

[Jookly]

HElllloooooooooo Moin.  Thanks for the update KingCaper.  I think that solution sounds good and will help relieve the feeling of coins being missing prior to the wallet being unlocked.

I'm feeling good today because I am finally done with that class.  The javascript runs through me now. I will try to work on updating the movement website soon now. 

I still haven't noticed anyone submit a design for the shirt contest.  I hope I didn't miss one or anything.

That's all for now. Just wanted to say hello and give a summer shout. 

 

[vella85]

Thanks for the update KingCaper, to be honest I don't really understand all that much of it lol but I know that it's good for MOIN on what you are doing. Keep up the good work my friend.

Hello Jookly,

Well done mate on completing your class and I look forward to seeing you in here more often now. I was going to ask about the t-shirt contest if anyone has submitted any designs but it sounds like no one has which is a shame. Maybe we need more promotions for thhis like a thread in the Altcoins marketplace on this forum. I'll tweet it out once again to my followers as well but I think a thread on here will get some exposure as not everyone looks in here.

[ilog]

Hello,

Moin hold very strong against Bitcoin. That gives me sense and feeling that MOIN community is a very strong one and are here for a bigger picture.

Thank you,

[vella85]

Hello,

Moin hold very strong against Bitcoin. That gives me sense and feeling that MOIN community is a very strong one and are here for a bigger picture.

Thank you,

Yes that's right my friend, MOIN has been holding strong against the BTC price for many months now, in fact it's been holding strong for all of 2017 so far. Yes MOIN has strong community support even though there doesn't seem to be many people posting in here but people can see that MOIN has strong support by looking at the price charts in the past 6 months.

[mmirc]

I think the price will Moin until the end of 2017, $ 0.10 +

[vella85]

I think the price will Moin until the end of 2017, $ 0.10 +

It's looking like it will at least reach 0.10 in the near future as MOIN has been making steady gains for many months now. Yes we do get pull backs but it rebounds quickly back up to where the price was before the pull back. Every time there is a pull back I load up on more coins to build my stake. I believe MOIN is just getting started and 2017 will be a great year for MOIN.

[KingCaper]

HElllloooooooooo Moin.  Thanks for the update KingCaper.  I think that solution sounds good and will help relieve the feeling of coins being missing prior to the wallet being unlocked.

I'm feeling good today because I am finally done with that class.  The javascript runs through me now. I will try to work on updating the movement website soon now.  

I still haven't noticed anyone submit a design for the shirt contest.  I hope I didn't miss one or anything.

That's all for now. Just wanted to say hello and give a summer shout.  

 

Congrats Jookly, that's good news! I hereby hand over all wallet UI debugging responsibilities to you.    

[Jookly]

Alright looks like KingCaper is our first entry in the t-shirt contest as of now   


I know you are joking about the UI responsibilities but I actually do wish I had the confidence and skills to help with the wallet.  Maybe I can get there someday.    

[KingCaper]

Fortnightly Sunday Update

Hello all. Not a huge amount to report since the last update was a little late. The twitter price bot temporarily stopped its illustrious spamming as the C-Cex API has been playing up. So I "delisted" them from it. Heh.  

“All of our policies and communications are designed to attract the business-oriented long-term owner and to filter out possible buyers whose focus is short-term and market-oriented.” -Warren Buffett

I might put that in the OP. A few people have asked for more information about The Platform recently. Again, I think it's not in our best interests to release information on it for now. This strategy was originally at least partly a reaction to, and a way to try to differentiate us from, the plague of other crypto projects who over-promise and then under-deliver (or don't deliver at all). The continuation of this strategy is pretty well summed up by the above quote. At the moment the relationship between the team and investors is really good because we've always done our best to make clear that we're committed to this for the long-term. If we were to announce our plans with great fanfare too far in advance I think we'd be setting ourselves up for more and more questions in the coming weeks from new traders eager to flip their coins and move on to the next big one. It wouldn't be fun and I'd probably become much less communicative. As it stands we've built a small, friendly community. The enquiries we get are always polite and the people we've attracted are almost all really good-natured. That might not mean much monetarily, but it means a lot to me and it's part of the reason I enjoy working on MOIN so much.

I suppose in a way this strategy is emblematic of not just my, but the whole team's attitude and approach. When there's a choice between an easy option that'll bring MOIN some immediate short-term glory, or a more difficult option that will benefit us more in the long-term, we'll almost always choose the latter. Me, crz and axhllt all share a diligence in the way we go about things. It's not about finishing the work, it's about making something of the highest possible quality. We each put a lot of care and thought into what we do.
 
So me, I've been doing a lot of reading and studying and thinking about design patterns and how to make sure The Platform code will be clean and intelligible to make it easy for other developers to contribute in the future. It's actually axllht who's probably been doing the most exciting work of late - he's been secretly working up potential new designs for both the website and the wallet. Even unfinished they're both looking pretty special and I think the final wallet design in particular will do a lot to help to define MOIN with a personality and style of its own.

That's all for now, talk to you all in two weeks (if not sooner) when I'll probably have to come up with another overly-wordy way of saying "Believe me, we're working on it!"  

[KingCaper]

Alright looks like KingCaper is our first entry in the t-shirt contest as of now   


I know you are joking about the UI responsibilities but I actually do wish I had the confidence and skills to help with the wallet.  Maybe I can get there someday.    

I'm sure you can Jookly and when you do we'll no doubt have some new and wondrous UI bugs waiting for you to sink your teeth into. 

[KingCaper]

Several people have mentioned they'd like to invest - or increase their investment - in MOIN, but they're having trouble finding significant amounts for sale at their desired price points. This is maybe the one downside of attracting mainly long-term investors. I can write a bot that'll monitor the markets and then report when there's a sell order above a certain threshold (for instance 5k MOIN). If it's something you'd be interested in please take a moment to answer the poll question at the top of the page.

[ooom]

I would say for those guys accumulate slowly. Free MOIN days at exchanges are over. Time passes and more people learn about this nice project.