Fuyuki_Wataru
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Activity: 167
Merit: 10
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January 26, 2016, 09:54:13 PM |
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Ahh, the logo has been updated on Coinmarketcap and it looks neat!
From my expertise (take it with a grain of salt), this coin could easily reach a 1$ mil market cap. I'm joining in!
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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JJ12880
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January 26, 2016, 10:28:45 PM |
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Great! glad to have you along  Coinmarket cap was slow to update to the new logo. |
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Gandalf86
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January 26, 2016, 10:46:18 PM |
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Well, this has been hidden well for me, only learned it exists from the Factom topic.
Can anyone give me 5 real life use case examples for this coin?
I can give you 4, off the top of my head. There will be more as I can add more features to the SmartChain. Feature 1 is avalibel in the existing client linked in the ANN. Features 2-4 are in Beta testing, and should be ready very soon, code gods willing. 1) Bob wants to receive Radium coins, but does not want to look up his address every time he wants to receive a payment. Bob Can use the SmartChain to link his address to his username "Bob", and then customers can simply use the SmartChain to lookup bobs address directly from the client. In effect, we have created a username-address "phone book". 2) Bob wants everyone to know that he predicts Carolina will win the Superbowl. Bob makes a text note, saying "my name is bob, and I predict Carolina will win the Superbowl" and records it in the blockchain. If Alice doubts bob made that prediction, Bob tell Alice to look at the note in the SmartChain. Alice can see exactly when Bob made the note, so there is proof of Bobs prediction. 3) Bob makes some software, and posts it online. He also records the file hash in in the blockchain with the SmartChain client. Alice can now download Bobs software, and use the SmartChain to check it against the hash that bob recorded. If it is the same file, the file will verify, and Allice can rest assured the software she downloaded is the original software from Bob. 4) Tom hacks Bobs website where he is offering his software for download, and replaces bobs software with a virus. Alice downloads the virus, and uses the SmartChain to check the hash of the file. Because the file is different, the SmartChain will tell Alice it does not recognize the file, and Alice will know that something is amiss. Let me insert a stupid idea here that I just had: Would it be possible to use this with public keys from asymmetric encryption like PGP? The problem with PGP keyservers is that anybody can insert public entries that say "Email address X has key Y", even if you are not the owner of the given address. This is in fact a central problem in current public key encryption scenarios (authenticity). The most common solutions nowadays are certificates (requires a central authority) and web of trust (which has many problems on itself, practically and theoretically). Now Bob could simply say "my user name is Bob" and insert the pair <bob's mail address, bob's public key> into the smartchain. Now if Alice wants to send bob an encrypted message, she can look up that pair given the identifier "Bob" and the current smartchain. If that works, you can of course also use it to encrypt access to any kind of servers as an alternative to current SSL implementations, as well as pseudonymous p2p networks. |
Discord: Gandalf86#5805 (#341695925166538796) // Maintainer of Titcoin // Work smarter, not harder! |
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JJ12880
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January 26, 2016, 11:06:29 PM |
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Let me insert a stupid idea here that I just had: Would it be possible to use this with public keys from asymmetric encryption like PGP? The problem with PGP keyservers is that anybody can insert public entries that say "Email address X has key Y", even if you are not the owner of the given address. This is in fact a central problem in current public key encryption scenarios (authenticity). The most common solutions nowadays are certificates (requires a central authority) and web of trust (which has many problems on itself, practically and theoretically).
Now Bob could simply say "my user name is Bob" and insert the pair <bob's mail address, bob's public key> into the smartchain. Now if Alice wants to send bob an encrypted message, she can look up that pair given the identifier "Bob" and the current smartchain.
If that works, you can of course also use it to encrypt access to any kind of servers as an alternative to current SSL implementations, as well as pseudonymous p2p networks.
That is not a stupid idea at all. Actually, its a pretty good one! The best part is, it shouldn't be too hard to implement. The issue i see off the cuff, is that PGP keys are pretty large, especially if using the 4096bit version. 1024 RSA PGP may not be strong enough anymore, but 2048 is still good. It would cost about 26-28 Radon to store a 2048 bit PGP key in the smart chain. Let me think on that, and maybe I can add that to the list of new features. Ill have to do some research, and maybe reach out to my one friend who is a cryptographer and see if they have any suggestions. GOOD IDEA! |
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Gandalf86
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January 26, 2016, 11:23:38 PM |
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The issue i see off the cuff, is that PGP keys are pretty large, especially if using the 4096bit version.
You could simply use the fingerprint of the key instead. It's only a few bytes. The key can be safely stored on a key server somewhere, or some distributed hash table if you want to keep it decentralized. I'll have to do some research, and maybe reach out to my one friend who is a cryptographer and see if they have any suggestions. GOOD IDEA! Hope it will help ;-) |
Discord: Gandalf86#5805 (#341695925166538796) // Maintainer of Titcoin // Work smarter, not harder! |
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Ya-ing
Member
Offline
Activity: 119
Merit: 100
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January 26, 2016, 11:30:05 PM |
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Anyone can tell me how much is the minimum to have a chance of staking something with this coin? thanks in advance.
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NSA360
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January 26, 2016, 11:33:09 PM |
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Fill my order...1 Sat  |
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tm2013
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January 27, 2016, 01:07:32 AM |
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Anyone can tell me how much is the minimum to have a chance of staking something with this coin? thanks in advance.
Roughly 2,500. The link is now on the OP. The website should be up in a few hours. |
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goblynn
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January 27, 2016, 01:39:16 AM |
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Anyone can tell me how much is the minimum to have a chance of staking something with this coin? thanks in advance.
Roughly 2,500. The link is now on the OP. The website should be up in a few hours. awesome! great work everyone..im really excited about this project! |
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JJ12880
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January 27, 2016, 01:41:33 AM |
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Let me insert a stupid idea here that I just had: Would it be possible to use this with public keys from asymmetric encryption like PGP? The problem with PGP keyservers is that anybody can insert public entries that say "Email address X has key Y", even if you are not the owner of the given address. This is in fact a central problem in current public key encryption scenarios (authenticity). The most common solutions nowadays are certificates (requires a central authority) and web of trust (which has many problems on itself, practically and theoretically).
Now Bob could simply say "my user name is Bob" and insert the pair <bob's mail address, bob's public key> into the smartchain. Now if Alice wants to send bob an encrypted message, she can look up that pair given the identifier "Bob" and the current smartchain.
If that works, you can of course also use it to encrypt access to any kind of servers as an alternative to current SSL implementations, as well as pseudonymous p2p networks.
That is not a stupid idea at all. Actually, its a pretty good one! The best part is, it shouldn't be too hard to implement. The issue i see off the cuff, is that PGP keys are pretty large, especially if using the 4096bit version. 1024 RSA PGP may not be strong enough anymore, but 2048 is still good. It would cost about 26-28 Radon to store a 2048 bit PGP key in the smart chain. Let me think on that, and maybe I can add that to the list of new features. Ill have to do some research, and maybe reach out to my one friend who is a cryptographer and see if they have any suggestions. GOOD IDEA! My math was incorrect. It would cost about 26-28 Radon to store a 4096bit PGP key, and about 13-15 to store a 2014bit one. My apologies. |
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skish85
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January 27, 2016, 01:49:03 AM |
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Raid on Trex. Dev good work!
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tm2013
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January 27, 2016, 02:11:59 AM |
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The Windows wallet has been updated. It's not a critical update, just some minor fixes.
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ozboy2014
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January 27, 2016, 02:36:27 AM |
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Anyone can tell me how much is the minimum to have a chance of staking something with this coin? thanks in advance.
Roughly 2,500. The link is now on the OP. The website should be up in a few hours. looking forward to website. Live Payment Gateway with SmartChain integrated? |
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tm2013
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January 27, 2016, 03:04:34 AM |
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Anyone can tell me how much is the minimum to have a chance of staking something with this coin? thanks in advance.
Roughly 2,500. The link is now on the OP. The website should be up in a few hours. looking forward to website. Live Payment Gateway with SmartChain integrated? The payment gateway wouldn't be for a while - that requires a little bit further development. |
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leigh2k14
Legendary
Offline
Activity: 1288
Merit: 1000
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January 27, 2016, 03:20:45 AM |
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Moon time  |
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tm2013
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January 27, 2016, 03:48:44 AM |
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Great report. |
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prospecta
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January 27, 2016, 05:30:07 AM |
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Is there a pump here or not? Convince me there is please.
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After I am done with you, you will be banned from ever being on the internet again or even owning a PC |
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JJ12880
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January 27, 2016, 05:42:21 AM |
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Is there a pump here or not? Convince me there is please.
There is no pump in play that I am aware of. I do not participate in such shenanigans. What you see is market reaction to the release of working blockchain tech, and the addition to bittrex. |
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