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Author Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer  (Read 449651 times)
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boomboom
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August 26, 2016, 03:15:00 AM
 #1401

I'd love to see XEL trading on jl777's InstantDEX one day. You two guys could make a pretty awesome dble act!
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August 26, 2016, 11:06:13 AM
 #1402

I first thaught that mere quantity of increments of value was a trivial matter, now I think it actually is important. I now don't see it merely as a psychological difference, but more like a packet of liquidity, that does change something objectively, so a quantitatively bigger money supply would be better, especially when dealing with small markets.
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August 26, 2016, 07:04:41 PM
 #1403

I first thaught that mere quantity of increments of value was a trivial matter, now I think it actually is important. I now don't see it merely as a psychological difference, but more like a packet of liquidity, that does change something objectively, so a quantitatively bigger money supply would be better, especially when dealing with small markets.

This is what I always said about cap. But lately people see many "ICO" with 100M cap and they think that this is somehow "gold" cap. And their main reason for that is "less coins higher price". Yeah, lets make 10,000 coins, let's see where we end (especially when we are building computer where calculations costs. I think that most of that people just want to list this coin on exchange, get rid of it with profit and forget). More coins, more liquidity and less spread in price. I don't know how some people can't see that.

1B would be much better but of course majority decides.

BTC: 1CMgHWx4wkAaAy2FfeCyPdedUExmhGhfi5
XEL: XEL-HCM8-KB6E-YFLK-8BWMF
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August 26, 2016, 07:54:16 PM
 #1404

1. When we will see GUI wallet?
2. How finally will be distributed XEL for everybody?
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August 26, 2016, 08:06:04 PM
 #1405

1. When we will see GUI wallet?
2. How finally will be distributed XEL for everybody?


1. You can see and test it now trough https://github.com/OrdinaryDude/elastic-reference-client. If you want some tutorial to testing see https://vimeo.com/178616474
2. When software will be ready. First there will be testnet and Hackathon. If we will have 3 weeks without major bugs devs will launch mannet. Not sooner than two months.

BTC: 1CMgHWx4wkAaAy2FfeCyPdedUExmhGhfi5
XEL: XEL-HCM8-KB6E-YFLK-8BWMF
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August 26, 2016, 08:12:48 PM
 #1406

Haven't been here in a while, how do I know how much XEL I'm due  Huh



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|   NO ICO. NO PREMINE. 
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August 26, 2016, 08:16:04 PM
 #1407

Haven't been here in a while, how do I know how much XEL I'm due  Huh

Get your public key and search here https://raw.githubusercontent.com/elastic-project/genesis-block/master/genesis-block.json

(if you don't know how to get your public key go to google and educate yourself)

BTC: 1CMgHWx4wkAaAy2FfeCyPdedUExmhGhfi5
XEL: XEL-HCM8-KB6E-YFLK-8BWMF
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August 26, 2016, 09:03:42 PM
 #1408

Saw my transaction, I sent my "donation" via Coinbase. Will that be a problem, since I don't own the private key?



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veil|     PRIVACY     
     WITHOUT COMPROMISE.       
▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂
|   NO ICO. NO PREMINE. 
   X16RT GPU Mining. Fair distribution.   
|      The first Zerocoin-based Cryptocurrency       
   WITH ALWAYS-ON PRIVACY.   
|



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August 26, 2016, 09:30:34 PM
 #1409

Saw my transaction, I sent my "donation" via Coinbase. Will that be a problem, since I don't own the private key?

Well, so how does this coinbase system work? Do you have any type of key? I know that some coinbase users have at least "one private XPUB key" and "one encrypted shared XPUB key". But there is still this thing called Vault where I fear you have no key at all. I have no idea

1. why coinbase would want to implement such thing and give their customers no control about their BTC whatsoever
2. how you could cryptographically prove (to the protocol) that you have actually performed a certain transaction.

I am open for any suggestions. It would have been a lot simpler to follow the instructions which (when I remember correctly) said "only donate if you have the private key to the first input to your transaction".

Maybe you got one or two ideas here (regarding point 2)?

EDIT: Just a thought, does the coinbase vault always send from the same address? Or you not only have no control of your private keys but also no control where the money goes to or comes from?
You should really think to change your preferred wallet! If this is the case, then you can say BYE to your BTC if their site ever gets hacked, the database and backups get corrupted, or anything else. It's always best to be the only person who has control over his own BTC.
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August 26, 2016, 10:21:31 PM
Last edit: August 26, 2016, 10:37:51 PM by cryptodv
 #1410

Saw my transaction, I sent my "donation" via Coinbase. Will that be a problem, since I don't own the private key?

Well, so how does this coinbase system work? Do you have any type of key? I know that some coinbase users have at least "one private XPUB key" and "one encrypted shared XPUB key". But there is still this thing called Vault where I fear you have no key at all. I have no idea

1. why coinbase would want to implement such thing and give their customers no control about their BTC whatsoever
2. how you could cryptographically prove (to the protocol) that you have actually performed a certain transaction.

I am open for any suggestions. It would have been a lot simpler to follow the instructions which (when I remember correctly) said "only donate if you have the private key to the first input to your transaction".

Maybe you got one or two ideas here (regarding point 2)?

EDIT: Just a thought, does the coinbase vault always send from the same address? Or you not only have no control of your private keys but also no control where the money goes to or comes from?
You should really think to change your preferred wallet! If this is the case, then you can say BYE to your BTC if their site ever gets hacked, the database and backups get corrupted, or anything else. It's always best to be the only person who has control over his own BTC.

Let's say I get this resolved with Coinbase, how will you distribute XEL? You're just going to send them back to the BTC address that were used to donate?



▄▄                                  ▄▄
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                  █
veil|     PRIVACY     
     WITHOUT COMPROMISE.       
▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂
|   NO ICO. NO PREMINE. 
   X16RT GPU Mining. Fair distribution.   
|      The first Zerocoin-based Cryptocurrency       
   WITH ALWAYS-ON PRIVACY.   
|



                   ▄▄████
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ImI
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August 26, 2016, 10:42:47 PM
 #1411

Saw my transaction, I sent my "donation" via Coinbase. Will that be a problem, since I don't own the private key?

Well, so how does this coinbase system work? Do you have any type of key? I know that some coinbase users have at least "one private XPUB key" and "one encrypted shared XPUB key". But there is still this thing called Vault where I fear you have no key at all. I have no idea

1. why coinbase would want to implement such thing and give their customers no control about their BTC whatsoever
2. how you could cryptographically prove (to the protocol) that you have actually performed a certain transaction.

I am open for any suggestions. It would have been a lot simpler to follow the instructions which (when I remember correctly) said "only donate if you have the private key to the first input to your transaction".

Maybe you got one or two ideas here (regarding point 2)?

EDIT: Just a thought, does the coinbase vault always send from the same address? Or you not only have no control of your private keys but also no control where the money goes to or comes from?
You should really think to change your preferred wallet! If this is the case, then you can say BYE to your BTC if their site ever gets hacked, the database and backups get corrupted, or anything else. It's always best to be the only person who has control over his own BTC.

Let's say I get this resolved with Coinbase, how will you distribute XEL? You're just going to send them back to the BTC address that were used to donate?

Whats so hard to understand about it? Basically the same procedure we use for voting. Generate XEL address and sign message with your BTC Key: "My XEL address = 7h3h38883hdhdh8"

Done.
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August 26, 2016, 10:45:30 PM
 #1412

Saw my transaction, I sent my "donation" via Coinbase. Will that be a problem, since I don't own the private key?

Well, so how does this coinbase system work? Do you have any type of key? I know that some coinbase users have at least "one private XPUB key" and "one encrypted shared XPUB key". But there is still this thing called Vault where I fear you have no key at all. I have no idea

1. why coinbase would want to implement such thing and give their customers no control about their BTC whatsoever
2. how you could cryptographically prove (to the protocol) that you have actually performed a certain transaction.

I am open for any suggestions. It would have been a lot simpler to follow the instructions which (when I remember correctly) said "only donate if you have the private key to the first input to your transaction".

Maybe you got one or two ideas here (regarding point 2)?

EDIT: Just a thought, does the coinbase vault always send from the same address? Or you not only have no control of your private keys but also no control where the money goes to or comes from?
You should really think to change your preferred wallet! If this is the case, then you can say BYE to your BTC if their site ever gets hacked, the database and backups get corrupted, or anything else. It's always best to be the only person who has control over his own BTC.

Let's say I get this resolved with Coinbase, how will you distribute XEL? You're just going to send them back to the BTC address that were used to donate?

Whats so hard to understand about it? Basically the same procedure we use for voting. Generate XEL address and sign message with your BTC Key: "My XEL address = 7h3h38883hdhdh8"

Done.

Dude, chill. Obviously If I knew that I wouldn't be asking. My previous post did state that I hadn't been here for a while, plus I don't own the public key in which I used to send the "donations"



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                  █
veil|     PRIVACY     
     WITHOUT COMPROMISE.       
▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂▂
|   NO ICO. NO PREMINE. 
   X16RT GPU Mining. Fair distribution.   
|      The first Zerocoin-based Cryptocurrency       
   WITH ALWAYS-ON PRIVACY.   
|



                   ▄▄████
              ▄▄████████▌
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ICOcount.com
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August 26, 2016, 11:12:41 PM
 #1413

I first thaught that mere quantity of increments of value was a trivial matter, now I think it actually is important. I now don't see it merely as a psychological difference, but more like a packet of liquidity, that does change something objectively, so a quantitatively bigger money supply would be better, especially when dealing with small markets.

This is what I always said about cap. But lately people see many "ICO" with 100M cap and they think that this is somehow "gold" cap. And their main reason for that is "less coins higher price". Yeah, lets make 10,000 coins, let's see where we end (especially when we are building computer where calculations costs. I think that most of that people just want to list this coin on exchange, get rid of it with profit and forget). More coins, more liquidity and less spread in price. I don't know how some people can't see that.

1B would be much better but of course majority decides.


yeah 1 billion is much much better.

hope the vote result will change if ppl see this
nihilnegativum
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August 26, 2016, 11:14:07 PM
 #1414

Let's say I get this resolved with Coinbase, how will you distribute XEL? You're just going to send them back to the BTC address that were used to donate?
I'm pretty sure Coinbase will not give you the priv key, I tried to resolve a similar issue for someone that sent a token to their ETH address not long ago.
boomboom
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August 26, 2016, 11:29:11 PM
 #1415

I sent from blockchain.info, am I ok?
ImI
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August 26, 2016, 11:31:15 PM
 #1416

I sent from blockchain.info, am I ok?

afaik yes

boomboom
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August 26, 2016, 11:33:22 PM
 #1417

I sent from blockchain.info, am I ok?

afaik yes



cool! they recently changed their interface and i feel like a noobie navigating the wallet now. I know in the past it was possible to access private keys on the old site, but the new one, I'm not sure how to do that.
mr.coinzy
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August 26, 2016, 11:42:52 PM
 #1418

I first thaught that mere quantity of increments of value was a trivial matter, now I think it actually is important. I now don't see it merely as a psychological difference, but more like a packet of liquidity, that does change something objectively, so a quantitatively bigger money supply would be better, especially when dealing with small markets.

This is what I always said about cap. But lately people see many "ICO" with 100M cap and they think that this is somehow "gold" cap. And their main reason for that is "less coins higher price". Yeah, lets make 10,000 coins, let's see where we end (especially when we are building computer where calculations costs. I think that most of that people just want to list this coin on exchange, get rid of it with profit and forget). More coins, more liquidity and less spread in price. I don't know how some people can't see that.

1B would be much better but of course majority decides.


yeah 1 billion is much much better.

hope the vote result will change if ppl see this


I think that there should have been more options (like 250 million for example) - would still be more preferable than 100 million.
ImI
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August 26, 2016, 11:54:10 PM
 #1419

I first thaught that mere quantity of increments of value was a trivial matter, now I think it actually is important. I now don't see it merely as a psychological difference, but more like a packet of liquidity, that does change something objectively, so a quantitatively bigger money supply would be better, especially when dealing with small markets.

This is what I always said about cap. But lately people see many "ICO" with 100M cap and they think that this is somehow "gold" cap. And their main reason for that is "less coins higher price". Yeah, lets make 10,000 coins, let's see where we end (especially when we are building computer where calculations costs. I think that most of that people just want to list this coin on exchange, get rid of it with profit and forget). More coins, more liquidity and less spread in price. I don't know how some people can't see that.

1B would be much better but of course majority decides.


yeah 1 billion is much much better.

hope the vote result will change if ppl see this


I think that there should have been more options (like 250 million for example) - would still be more preferable than 100 million.

there is an option for 500m, but it doesnt get much traction yet
Redawn
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August 27, 2016, 07:41:00 AM
 #1420

I created a thread on r/XEL it is an alternative discussion platform. I don't want any angry people, only saying that a platform such as reddit are better readable on you mobile device and there are possibilities to ensure transparancy. Thanks

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