Exciting Bitcoin Projects!

[morantis]

1⟫ Segregated Witness and LightningNetwork - Larger block space, which will increase the capacity of bitcoin transaction, making room for more people. And empty rooms always tend to fill up, so I expect many new users from this idea. It also fixes malleability issues, and makes 0 confirm double spend harder so we can now build instant transaction systems with greater confidence and less risk of double spend with lightning network technology. Huge project, definitely nr.1.

I like this idea. if we have larger block space, the voice of hard fork will be smaller. Lightening Network is necessary to future bitcoin mass adoption, now the speed is too slow. We need speed it up

But.....is this using side chains of BTC to accomplish this?  If so, lets say that I create a side token and use it in my network with clients.  I set a 100 BTC block size for my side chain and side network and 0 confirmations for payments.  Now, my first block fills and I have paid all that in and out on my token.  I have to, at some point, send my side token TX's to the main block chain and if my token is a 1 to 1 BTC exchange, then my 1 block would quickly throw 4 blocks at the main block chain.  Or am I thinking about this wrong?  A constant use side network with a bigger block could quickly lag down the main block chain.  Or, I could have my token at 4 to 1 and that still gets confusing.  Either way, people are spending 100 BTC and sending it in a big 4 block lump. Right?

[Senor.Bla]

1⟫ Segregated Witness and LightningNetwork - Larger block space, which will increase the capacity of bitcoin transaction, making room for more people. And empty rooms always tend to fill up, so I expect many new users from this idea. It also fixes malleability issues, and makes 0 confirm double spend harder so we can now build instant transaction systems with greater confidence and less risk of double spend with lightning network technology. Huge project, definitely nr.1.

I like this idea. if we have larger block space, the voice of hard fork will be smaller. Lightening Network is necessary to future bitcoin mass adoption, now the speed is too slow. We need speed it up

But.....is this using side chains of BTC to accomplish this?  If so, lets say that I create a side token and use it in my network with clients.  I set a 100 BTC block size for my side chain and side network and 0 confirmations for payments.  Now, my first block fills and I have paid all that in and out on my token.  I have to, at some point, send my side token TX's to the main block chain and if my token is a 1 to 1 BTC exchange, then my 1 block would quickly throw 4 blocks at the main block chain.  Or am I thinking about this wrong?  A constant use side network with a bigger block could quickly lag down the main block chain.  Or, I could have my token at 4 to 1 and that still gets confusing.  Either way, people are spending 100 BTC and sending it in a big 4 block lump. Right?

maybe i do not get you and misunderstood, why are 100 bitcoin 4 blocks? did you confuse it with the old mining reward for a block? as far as i understand side chains take out existing bitcoins let us say a 100. then you can us these 100 bitcoin as usual and just do the transactions and confirmations on an other chain. after some time you send the 100 bitcoins back to the block chain. in total you have made 2 transactions (in and out) on the block chain. but possibly hundreds or thousands of transactions of the chain.
A->B->C->...->Y->Z->A. Where A is the block chain. imagine that you send 100 bitcoins every time. so only transactions to B and from Z are on the block chain and the whole other bunch is not. this is how you prevent spam on the block chain.

[morantis]

1⟫ Segregated Witness and LightningNetwork - Larger block space, which will increase the capacity of bitcoin transaction, making room for more people. And empty rooms always tend to fill up, so I expect many new users from this idea. It also fixes malleability issues, and makes 0 confirm double spend harder so we can now build instant transaction systems with greater confidence and less risk of double spend with lightning network technology. Huge project, definitely nr.1.

I like this idea. if we have larger block space, the voice of hard fork will be smaller. Lightening Network is necessary to future bitcoin mass adoption, now the speed is too slow. We need speed it up

But.....is this using side chains of BTC to accomplish this?  If so, lets say that I create a side token and use it in my network with clients.  I set a 100 BTC block size for my side chain and side network and 0 confirmations for payments.  Now, my first block fills and I have paid all that in and out on my token.  I have to, at some point, send my side token TX's to the main block chain and if my token is a 1 to 1 BTC exchange, then my 1 block would quickly throw 4 blocks at the main block chain.  Or am I thinking about this wrong?  A constant use side network with a bigger block could quickly lag down the main block chain.  Or, I could have my token at 4 to 1 and that still gets confusing.  Either way, people are spending 100 BTC and sending it in a big 4 block lump. Right?

maybe i do not get you and misunderstood, why are 100 bitcoin 4 blocks? did you confuse it with the old mining reward for a block? as far as i understand side chains take out existing bitcoins let us say a 100. then you can us these 100 bitcoin as usual and just do the transactions and confirmations on an other chain. after some time you send the 100 bitcoins back to the block chain. in total you have made 2 transactions (in and out) on the block chain. but possibly hundreds or thousands of transactions of the chain.
A->B->C->...->Y->Z->A. Where A is the block chain. imagine that you send 100 bitcoins every time. so only transactions to B and from Z are on the block chain and the whole other bunch is not. this is how you prevent spam on the block chain.

ok, i guess what i was missing was that you only have to account to the main chain twice.  i imagined that the side chain gathered say four blocks of TX and then sent them or something like that.  i assume that the side chain used in this manner will still account those TX's once per day or something and only as an overall net change from the day before.  somehow i was thinking that each TX still made it to the block chain eventually versus a simple overall change of funds in the side chain.

i still see the company at large at risk though,  say my side token is "quickpay" the way i see this service working is not that a client actively buys my quickpay token and then buys and sells through my site. instead, they deposit their BTC and my site automatically buys quickpay with their BTC, still showing their balance to them in BTC.  but, when they then buy something from outside the network, how does that work?  I promise them 0 confirmations, so i have to quickly put out enough of my tokens to pay their debt, and i have to deal with confirmations because i am dealing with the main chain, so then i have to provide the purchase, the traded currencies or whatever and they can be gone before my outside TX gets confirmed.  the only safety would be to delay their exit from my site/token.

i don't know, it is late here, what i do see is that this would all be very possible if the entire system got enclosed by the side chain.  you could trade back and forth, no delays and the only time you would have to wait is leaving the side chain, converting back to BTC.  that only works if both trading parties on on the same side chain. 

[RealBitcoin]

Just intalled Bitsquare again and it looks like it has got some new volume since I last checked it. When I last checked it some weeks ago it only had 20-30 orders, and now it has almost 100. This is a small step in the right direction, but looks like its gaining popularity slowly.

https://bitsquare.io/

[bitcoin31]

Wow let's spread the word in the others..
Many event happen yehey .. The bitcoin price is affected to rise?

[Nowl1935]

Wow indeed, its very exciting bitcoin project. Let us spread the good news that bitcoin might be bringing to us. Its gonna be great to all of us..

[morantis]

Wow indeed, its very exciting bitcoin project. Let us spread the good news that bitcoin might be bringing to us. Its gonna be great to all of us..

which exact project are you referring to, it seems you have just sorts put some happiness out there without going backwards and looking at the thread.  bitsquare is a pretty nice piece of coding, but i do not think that your reply seems to apply to that so which project were you talking about?

[ruletheworld]

Just intalled Bitsquare again and it looks like it has got some new volume since I last checked it. When I last checked it some weeks ago it only had 20-30 orders, and now it has almost 100. This is a small step in the right direction, but looks like its gaining popularity slowly.

https://bitsquare.io/

Definitely seeing more traction. No need to rely on expensive middle-men like Coinbase for small amounts of buys, and without the hassle of account closure risks.

[noormcs5]

I want to thank you for this list , they are helpful projects , and unfortunately , I don't know most of them , that make me wonder , how to handle all these projects ? and how many projects we don't know ? because every day there is something new .

Just use Google to search them, I just list here the more established ones and the ones that I think have a huge positive impact on bitcoin.

There are probably many more out there ,but not all of them become succesful.

Some of them has a lot of potential to have a nice impact on Bitcoin. If the OpenBazaar become popular and stabilizing, the Bitcoin will pump.
We do need Bitcoins markets.

[qiwoman2]

I am involved in a few nice projects, mainly businesses but I am hoping more and more people will sue bitcoin so eventually the price is good and solid for also long term investing although it is expensive enough at the moment and better for the sellers than the buyers.

[RealBitcoin]

Looks like http://mercuryex.com   is over, removing it from the list.

It looks like some projects do fail, in any case keep me updated if i forgot to update something


(their thread is inactive too: https://bitcointalk.org/index.php?topic=946174.160)

[RealBitcoin]

Very slow progress, damn these projects take so long to come out and are hardly updated.

I wish more programmers would go out there and help these developers. If you are a programmer contact the project's maintainers and tel; them you want to volunteer to help.

In most cases there project are done by 1-2 people, so people go out and help!

[RealBitcoin]

Segwit is on it's way out:

https://github.com/bitcoin/bitcoin/releases/tag/v0.13.1rc1

The 0.13.1 will contain segwit, it's not released yet, the devs say its probably out tomorrow:

https://github.com/bitcoin/bitcoin/releases/tag/v0.13.1rc1

[chennan]

Even though I absolutely love the idea of bitsquare and getting away from exchanges that is MASSIVELY profitable for a few people that can exit any time they feel like it; I just can't seem to enjoy looking at the order books on there.  I went ahead and installed it, and after looking around a bit, it just seemed to give me a headache looking at the pricing for a single market (i.e. 'buy bitcoin') and then doing the vice versa when you look at the other corresponding market (i.e. 'sell bitcoin'). I feel like it would be a lot better to keep the prices in "Altcoin"/BTC or USD/BTC, etc. and always compare to Bitcoin.

Is that just me?  Or is any one else getting agitated with that? I know it's a small, very nit-picky detail... but it just gets on my nerves.  Still plan on trying it out sooner or later though.

[RealBitcoin]

Finally,

OpenBazaar 1.1.8 Released

New features:

• Pinned listings
• Hidden listings
• Maximum Quantity
• Improved addresses
• Improved images
• Improved shipping
• Improved miscellaneous
• Bug fixes

Read changelog here: https://blog.openbazaar.org/openbazaar-1-1-8-released-new-features-added/

Download here: https://openbazaar.org/download.html


Bitsquare v0.4.9.7 Released

Changes:

   Added new payment methods: Chase QuickPay, Interac e-Transfer
    Increase trade limits for Altcoins to 3 BTC, OKPay, Swish and AliPay to 2 BTC, ClearXChange, Cash deposit and US postal money order to 1 BTC
    Added now altcoins: Zcash, Zcoin, Augur, Siafund, Gulden, Stellar Lumens, Emercoin, Plutons, GameCredits, PotCoin, Omni, Stratis, ReddCoin, VeriCoin, Radium Digital Rupees, Vcash, Waves, HOdlcoin, Burstcoin, Triangles, Argentum, DIBCOIN, Eternity, Battlestars, Nav Coin, DynamicCoin, Anoncoin, DarkNet
    Change behavior of currency list to display user defined currencies instead of all currencies for which offers are available (same behavior like it was before v0.4.9.6)
    Add Kazakhstan and Kenya to country list
    Add Nr. of trades to trade statistics tooltip
    Display time span in trade statistics tool tip
    Show tx size in withdraw popup
    Remove 1 min interval in trade statistics, add year interval
    Added support for custom payout at disputes, define who is the publisher and re-opening a closed dispute
    Use single gpg signatures of binaries instead of signature of bundled hashes.
    Improved wording
    Improved layout for small screens
    Fix bug with withdrawal if tx size exceeds 100kb
    Fix and improve build doc and scripts
    Update to latest jdk version with bugfix for SortedList (remove our jdkfix module)

Download here: https://github.com/bitsquare/bitsquare/releases/tag/v0.4.9.7

[RealBitcoin]

I have mixed feelings about Zcoin/Zcash, it is technically an altcoin and will be launched as such.

However the technology/protocol might be useful and might inspire people to improve privacy in cryptocurrencies.

However I have read that monero offers better privacy. I am not sure, can somebody technical explain the PRO/CONS between Zcash VS Monero?

[chennan]

I have mixed feelings about Zcoin/Zcash, it is technically an altcoin and will be launched as such.

However the technology/protocol might be useful and might inspire people to improve privacy in cryptocurrencies.

However I have read that monero offers better privacy. I am not sure, can somebody technical explain the PRO/CONS between Zcash VS Monero?

I've read quite a few articles on the matter, and IMO, if you were to read one, I would suggest you read this article.

If you feel inclined and wanted to read a bit further on the matter here are some other good posts I've come across on the matter:

https://blog.okturtles.com/2016/03/the-zcash-catch/

http://monero.stackexchange.com/questions/83/how-does-monero-privacy-and-security-compare-to-zcash/99#99

Figured it's best to get your information straight from the source rather than have me try to give you my interpretations.  Nonetheless, I do agree that it is useful that there has been a lot of hype surrounding zcash; mainly because of the fact it gets people understand the importance of privacy/fungibility in cryptos.

[RealBitcoin]

I have mixed feelings about Zcoin/Zcash, it is technically an altcoin and will be launched as such.

However the technology/protocol might be useful and might inspire people to improve privacy in cryptocurrencies.

However I have read that monero offers better privacy. I am not sure, can somebody technical explain the PRO/CONS between Zcash VS Monero?

I've read quite a few articles on the matter, and IMO, if you were to read one, I would suggest you read this article.

If you feel inclined and wanted to read a bit further on the matter here are some other good posts I've come across on the matter:

https://blog.okturtles.com/2016/03/the-zcash-catch/

http://monero.stackexchange.com/questions/83/how-does-monero-privacy-and-security-compare-to-zcash/99#99

Figured it's best to get your information straight from the source rather than have me try to give you my interpretations.  Nonetheless, I do agree that it is useful that there has been a lot of hype surrounding zcash; mainly because of the fact it gets people understand the importance of privacy/fungibility in cryptos.

Well, its not what i was thinking it is, i am removing it from this list, i thought it was better designed, but looks like it has a lot of theoretical and practical flaws.

[hubballi]

Why is the site not working onsite but we have to download the software to do the shopping , as i dont want my computer to get loaded with lot of softwares.

[Wind_FURY]

Open Bazaar is going to be so great once the upgrades are done that makes use of the Inter Planetary File System for storing the data for your online shop.  Yes, that means you can turn off your computer, no need for leaving it on just to keep your store online 24 hours a day/7 days a week.

The cool thing about IPFS is that your privacy is protected just like you would be when using Tor. Does anyone have any idea how many users there are using OB?