[ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*

[Crapsy]

Whats the explorer command to check if I am successfully forging?

There is no forging at the moment. The rewarded forging will be turned on as soon as all issues regarding network and AE have been fixed.

[Eliphaz Fimk]

Pending BTC redemptions from AE have been processed.

the current webwallet does not reflect this??

Redemptions status have no reflection whatsoever in webwallet. When you transfer the BTC asset to company account for processing, that's the only transaction written to blockchain as of now. Whether it's been processed or not can be only seen in our internal database and your bitcoin account.

If your redemption request (the transfer of BTC asset from your account to company account) however has been rolled back due to exceptional circumstances / technical instability, you can recognize this by observing the disappearance of your BTC asset transfer and returning of the asset to your account.  This shouldn't be the case lately, unless you happened to send the tx to one of a quick forks that still do happen but are removed quickly.

That's how it functions in all the complexity now, not how it's going to work anyway. The decentralization parts of the exchange are designed to improve stability, not undermine it as they unfortunately still do.

[pcpot]

@Eliphaz Fimk
hi, Thanks to your effort.
I just made two redemptions of BTC, one is  0.251BTC and the other is 3BTC. please process for me!
My heat account: 5009502766990552407

The screenshot for my account:
http://hongkongauspal.oss-cn-hongkong.aliyuncs.com/1.jpg

[memberberry]

In the HEAT server source code there is a hardcoded SHA256 hash with which we first validate the genesis plain text file before we generate the genesis block that starts the chain.

[mr.coinzy]

Svante/Dennis, Any updates regarding expected releases, fixes and features?

[StewieG]

Svante/Dennis, Any updates regarding expected releases, fixes and features?

Hey guys, any news on anything? I can still not even send any heat? Basically nothing works for me, really nothing! Or is this heat thing in its final version now? CCex Heat update maybe? Do you guys have ANYTHING to say?

[Eliphaz Fimk]

Corporate nodes have been today updated with unreleased inhouse server build which has greatly improved network status and tx throughput due to better syncing and quicker drop of bad transactions. Standard sendmoney HEAT transfers are now much more reliable than during the past week, despite most p2p nodes still running the latest release 0.9.11 series. We've been working both on the replication layer and threading issues (don't ask me what exactly that is) affecting the trade tx matching. This is related to the fact most of the prior dev time has been spent to ensure the safety and capability of doing high tps trades on the replication layer, and then settling these on the next block, the very core aspect on which HEAT's exceptional scalability is based on. The final touches on that sync - which unfortunately reflect on erroneous output and skipped trades on the user level, are lacking. It's the usual dilemma of engineer vs. user experience, which in crypto's quick paced realm means very bad UX before stuff is ready.

AE trading is possible but not near optimal. BTC loads and unloads are ok, however for trades wrong data is often displayed on node's replicator just like the one at heatwallet.com, and transactions cancelled where initially broadcast correctly. Those with perseverance and risk tolerance may be able to achieve good deals.

Sunday / Monday we should be seeing a release with improved AE stability and network improvements in preparation for resuming user node forging.

[StewieG]

Corporate nodes have been today updated with unreleased inhouse server build which has greatly improved network status and tx throughput due to better syncing and quicker drop of bad transactions. Standard sendmoney HEAT transfers are now much more reliable than during the past week, despite most p2p nodes still running the latest release 0.9.11 series. We've been working both on the replication layer and threading issues (don't ask me what exactly that is) affecting the trade tx matching. This is related to the fact most of the prior dev time has been spent to ensure the safety and capability of doing high tps trades on the replication layer, and then settling these on the next block, the very core aspect on which HEAT's exceptional scalability is based on. The final touches on that sync - which unfortunately reflect on erroneous output and skipped trades on the user level, are lacking. It's the usual dilemma of engineer vs. user experience, which in crypto's quick paced realm means very bad UX before stuff is ready.

AE trading is possible but not near optimal. BTC loads and unloads are ok, however for trades wrong data is often displayed on node's replicator just like the one at heatwallet.com, and transactions cancelled where initially broadcast correctly. Those with perseverance and risk tolerance may be able to achieve good deals.

Sunday / Monday we should be seeing a release with improved AE stability and network improvements in preparation for resuming user node forging.

Hello, I am using the heatwallet.com, I can not do anything, on the left side at the a2a tab it says I have 160 heat, on the top it says about 20k heat. I can not trade nor send unless the amount is below 160 heat? Can you address this issue? I just want to get rid of my heat man!

[Eliphaz Fimk]

Hello, I am using the heatwallet.com, I can not do anything, on the left side at the a2a tab it says I have 160 heat, on the top it says about 20k heat. I can not trade nor send unless the amount is below 160 heat? Can you address this issue? I just want to get rid of my heat man!

You should be able to transfer the HEAT even if not able to use on A2AE.

We've just reset the replicator which should bring the balances in sync

You can view your account status here:

https://heatwallet.com/api/#!/Accounts/balance

In some cases virtual or unconfirmed balance remains lingering and restricts account usage. Some peers may still have your pending AE sales unconfirmed, which causes your balance to not be usable due to pending tx. Clearing pending technically invalid tx usually happens within 12 hours throughout the p2p network

[dance]

Hello, I am using the heatwallet.com, I can not do anything, on the left side at the a2a tab it says I have 160 heat, on the top it says about 20k heat. I can not trade nor send unless the amount is below 160 heat? Can you address this issue? I just want to get rid of my heat man!

You should be able to transfer the HEAT even if not able to use on A2AE.

We've just reset the replicator which should bring the balances in sync

You can view your account status here:

https://heatwallet.com/api/#!/Accounts/balance

In some cases virtual or unconfirmed balance remains lingering and restricts account usage. Some peers may still have your pending AE sales unconfirmed, which causes your balance to not be usable due to pending tx. Clearing pending technically invalid tx usually happens within 12 hours throughout the p2p network

My unconfirmed balances remains "uncofirmed" for like 2 weeks already.

[StewieG]

Hello, I am using the heatwallet.com, I can not do anything, on the left side at the a2a tab it says I have 160 heat, on the top it says about 20k heat. I can not trade nor send unless the amount is below 160 heat? Can you address this issue? I just want to get rid of my heat man!

You should be able to transfer the HEAT even if not able to use on A2AE.

We've just reset the replicator which should bring the balances in sync

You can view your account status here:

https://heatwallet.com/api/#!/Accounts/balance

In some cases virtual or unconfirmed balance remains lingering and restricts account usage. Some peers may still have your pending AE sales unconfirmed, which causes your balance to not be usable due to pending tx. Clearing pending technically invalid tx usually happens within 12 hours throughout the p2p network

This is what I get:
{
  "unconfirmedBalance": "16yyyyyyyyy",
  "virtualBalance": "16yyyyyyyyy",
  "balance": "18xxxxxxxxxxx",
  "decimals": 8,
  "id": "0",
  "properties": ""
}

x and y are 2 different numbers. This is the status since a week or something longer.

[Eliphaz Fimk]

My unconfirmed balances remains "uncofirmed" for like 2 weeks already.

This is the status since a week or something longer.

Thanks for this useful input. Probably related to the defunct crediting of expired AE orders we're working on. Good info for Sunday's work.

[StewieG]

My unconfirmed balances remains "uncofirmed" for like 2 weeks already.

This is the status since a week or something longer.

Thanks for this useful input. Probably related to the defunct crediting of expired AE orders we're working on. Good info for Sunday's work.

Where is the promised buy wall and what happens with the ccex coins?

[mr.coinzy]

My unconfirmed balances remains "uncofirmed" for like 2 weeks already.

This is the status since a week or something longer.

Thanks for this useful input. Probably related to the defunct crediting of expired AE orders we're working on. Good info for Sunday's work.

Where is the promised buy wall and what happens with the ccex coins?

These are valid questions which do require attention and an answer.

[Eliphaz Fimk]

Where is the promised buy wall

There exists no such promise and it's detrimental for everyone to twist what has been said. What I've said is that there'll be support of the HEAT price level in a form best suited for the purpose. Simple buy wall isn't the best way to support the HEAT token price. We've been in this business since it was born, with trials behind us and know how to best support token price for maximum gain. It's in our best interest to increase token price in the most sustainable way. Sustainable doesn't comprise the usual large scale outsourced altcoin pumps we see weekly.

Token price support measures will be taken when token tech is stable and market interest can be directed to it. Currently that's not the case. If you're focused on quick profit head elsewhere. If your aim is high profit stick with HEAT and have patience and be prepared for full loss or bonanza level profit.

what happens with the ccex coins?

We're not ccex so cannot tell for sure. After the initial communication difficulties and showing the tech we're in good dialogue with ccex and they're willing to integrate HEAT wallet as soon as the network is stable, with regular advisory tech sessions being had between us. Integrating live duplex transfers would be foolish under the current network circumstances and we've advised them about that. Time zone differences between China and Europe increase to coordination difficulties. They have a lot of business, and they don't recognize HEAT as something special like many of us do. C-CEX have signaled to us they'll be applying the stake multiplier after the wallet is successfully integrated.

[Jiddu]

Regarding C-CEX this is the only information at the moment:

c-cex cannot complete wallet integration before transaction throughput on mainnet is fixed. I've requested technical clarification of the situation from Dennis and we're waiting for that.

ccex don't comment on that [multiplying the coins] but have maintained signals they will only multiply once wallet successfully integrated

(edit: oops, someone was faster)

[StewieG]

Where is the promised buy wall

There exists no such promise and it's detrimental for everyone to twist what has been said. What I've said is that there'll be support of the HEAT price level in a form best suited for the purpose. Simple buy wall isn't the best way to support the HEAT token price. We've been in this business since it was born, with trials behind us and know how to best support token price for maximum gain. It's in our best interest to increase token price in the most sustainable way. Sustainable doesn't comprise the usual large scale outsourced altcoin pumps we see weekly.

Token price support measures will be taken when token tech is stable and market interest can be directed to it. Currently that's not the case. If you're focused on quick profit head elsewhere. If your aim is high profit stick with HEAT and have patience and be prepared for full loss or bonanza level profit.

what happens with the ccex coins?

We're not ccex so cannot tell for sure. After the initial communication difficulties and showing the tech we're in good dialogue with ccex and they're willing to integrate HEAT wallet as soon as the network is stable, with regular advisory tech sessions being had between us. Integrating live duplex transfers would be foolish under the current network circumstances and we've advised them about that. Time zone differences between China and Europe increase to coordination difficulties. They have a lot of business, and they don't recognize HEAT as something special like many of us do. C-CEX have signaled to us they'll be applying the stake multiplier after the wallet is successfully integrated.

Regarding 1. Yes price support, normally refered to as buy wall. But yeah since you seem to be from some other planet, what is this price support in your opinion? Is it developing heat further? What do you mean? Maybe if you were able to express yourself and make clear statement we wouldn't need to post a hundred tmes just to find out what you are saying or meaning! Again you made some wishywashy statement that let everyone of us think you meant a buy wall when you said buy support and now you just define your statement.

Regarding 2. Are you retarded or something? I am talking about the HEAT that ccex is supposed to give you back, the coins they received back when they opened the buy wall due to your complete incompetence of building a coin. And clearly you are also too incompetent to have a communication with ccex. 

Regarding 2.1. I think ccex is wrong when they don't recognize that you are something special. I think this whole project is something really special! This is the most special coin I have ever seen. Such incompetence was never met in the cryptocoin sphere, in fact I think this incompetence to succeed in anything has never been met anywhere, anytime, in anything! I wish this whole thing was just a scam, then at least I could kiss my money goodbye and get over it. And that says a lot about the frustration level I have with this garbage, fucked up, failed project. At least you seem to acknowledge that this could be a full lost project! Finally some sense! "Bonanza level profit", this shit made me laugh! The only things that reached bonanza level in this bitch are my jokes and your incompetence! Ccex should just delist you, I don't think they can afford to hire 10 people just to administrate such a worthless coin.

[StewieG]

Let's rephrase what Dennis intended to write about the development situation a couple of days back -

Development and testing of HEAT mainnet transactions engine is complete. Asset-to-asset exchange development is complete, extensive automated testing in its final phases. Depending on various things, completion of tests is expected within 3 to 5 days. This isn't certain but likely.

Those are the two parts that form the absolute essential HEAT core, without which launch isn't possible.

Microservices (Heat's implementation of "DAPP") are also near complete, testing pending.

While tests are being finalized we're currently blazing through microservices implementation of the decentralized Bitcoin gateway on the HEAT wallet. It's nearly essential feature of the HEAT launch, and has a sizable impact on the liquidity of the HEAT token because it makes the decentralized trading possible. We'll have to see how quickly development on that goes and whether we need to launch the token without this facility due to the increasing pressure. Launch without the decentralized BTC/HEAT trading would be greatly detrimental. If all goes smooth on that it's possible to include this feature in the launch of the HEAT mainnet that we consider realistic to launch within the first half of January.

Obviously some people see things only through the black and white prism of the altcoin world where real corporate operations behind a coin are unusual. It's then difficult to understand how business development works, thus some freak out and gradually degenerate into trollish behaviour, harming the venture to some extent and especially undermining their own chances of success (through HEAT token's pricing prospects in this case, when patience runs out to wait for the planned features). This is unfortunate but it was expected with the unforeseen delays in delivery.

It is becasue past promises were not met.

By promises I suppose you mean delivery estimations. I'd like to point out that delivery times are NOT promises - they're best effort estimates that usually change in the software industry. It became clear that our delivery estimations are considered promises by many, thus we stopped giving them. Due to demand I've reluctantly given new estimates above, however they're still estimates and not promises. Anyhow we of course acknowledge the importance of achieving these latest estimates and understand the ramifications should delivery fall short.

Note for the refund seekers - Investment into HEAT tokens was a no-refund proposal all the way. This was made clear at the time of participation. It was corporate funding round, fully accounted for and legally binding to company assets. In exchange investors receive the HEAT tokens that have a high chance of considerable value appreciation due to our long term work and structuration of the project.

We will deliver the tokens, so please may I ask to hold your horses in the mindless outbursts that only harm your own investment. We're not fresh to business overall, nor crypto business. We know what is wise and what's unwise. It would be foolish beyond comprehension to fail on delivery of a token, or change its main features to something completely else than proposed originally. On the contrary it is wise to produce value to investors through unique means. I've done my living as an entrepreneur for about 20 years - do you think cheating takes you that far? No, wisdom in producing value for customers does. But 5 months of delay in producing the first 3rd generation crypto has nothing to do with wisdom or lack of it. It's a necessity that we've got to tolerate despite the level of frustration that's far beyond that of any investor. Why - Because our success or failure depends on that more than yours. We've put all in. On top of that there's the pressure from a few hundred investors.

In case the structure for the HEAT tokens wasn't clear, here's a brief note of what they actually include, possibly containing some new info also:

Every 400 HEAT entitles to 1 stock option - redemption available shortly after genesis
Stock options are traded on the HEAT AE
Every stock option entitles to 50% reduction from one share of Heat Ledger Ltd's share release in 2017
Heat Ledger shares are traded on the Decentralized AE, one of the first of its kind, and enjoy company dividends from 2017 term onwards

About ICO funds: During the first 6 months of operation the company has burned less than 30% of its crypto funds, despite heavy requirements in ramping up business initially. The current spending expansion pace is sustainable and guarantees operations into at least the end of 2017 even without further funding (obtaining of which has however been top priority during the past 3 months, so missing it is unlikely).

Considering the product is 97% ready right now, this leaves us the whole 2017 for executing the business development preparations we've worked so hard towards from the early days of FIMK starting in 2014. The value we'll be able to bring to the HEAT token looks very bright to all insiders - Dennis, me and the advisors who we've let deep into the plans during the autumn. For the altcoiners, I can now make a promise:We will be using some ICO funds for price level support (in some form of buy walls, in a way that has the highest impact). I can't recall making explicit promises earlier. Personally I'm proud to have got a habit of keeping them whenever possible, so if there's any other impression please point out the reference and I'll humbly amend such a mistake.

And just caught another blatant lie! But to be honest I did not expect anything else from you! Let's see how he will weasel his way out of this one again... My guess is that "some form of buy wall" will mean some sort of buy wall on the btc market instead of the heat crap...

[lenyro]

Heat goes into the correct direction now, the devs turned out to be legit guys, they are developing things, and the price is a bit higher than ico, it is decent for us.

[Eliphaz Fimk]

Regarding 2. Are you retarded or something? I am talking about the HEAT that ccex is supposed to give you back, the coins they received

This is a surprisingly good question considering your challenged state. The C-CEX coins we were forced to buy back by c-cex will be used for company development. Probably we'll hand them out for stock buyers in round 2 funding. Other venues are possible. Did that answer your concerns?

BTW Stewie it's Saturday - the prime night of the week for all mentally challenged personalities. We figured you're high on testosterone. I managed to record a footleg - did you by any chance happen to have a fight tonight?


Never mind the intrusion if that's not you, we're just trying to be nice for good customers. We'll soon be moving on to the moderated thread to cut all the off-topic. Meanwhile we thought you'd enjoy the endorsement as you've such a prominent cheerleader of HEAT since a long time.