VLT | Veltor | Donar Network | Minimalism.

[HCLivess]

no meaningful commits on github

[o48o]

no meaningful commits on github

Explanation is right under the the github link

(This is the legacy codebase, built on bitcoin. A coin swap is going to take place ones the new codebase, built from scratch, is operational)

[Spacemarko]

Dose nay1 knows when VLT will be on Poloneix?

[go6ooo1212]

Dose nay1 knows when VLT will be on Poloneix?

Tomorrow...

[biggernugs]

Dose nay1 knows when VLT will be on Poloneix?

I think one thing is fairly certain, if it does happen it won't be before the coinswap.

[jasonv75]

Sunday update:

Last week, I put some thought into the long term Veltor roadmap. Once the prototype is done and the coinswap behind us, there will already be a functioning lightning network, able to scale to a global payment network. So, I asked myself, what should I work on after that?

One topic I keep coming back to is a smart contract platform on top of the lightning network. Veltor has native support for multi-party payment channels. Instead of just putting funds into a common address and signing a payout settlement transaction, it's easy to imagine that all parties taking part in the channel could sign a smart contract. This smart contract would execute deterministically inside the channel and allow participants to have thousands of executions a second without having to settle anything to the blockchain.

In order to make it possible to settle such a contract, we'd only need to add one type of transaction to the base layer of Veltor that takes the current blockchain state, runs the smart contract code in a virtual machine, and then outputs the next blockchain state. In case of disagreement about the smart contract execution, this would allow the blockchain to become the final arbiter.

Imagine the possibilities of a platform like that. You'd be able to execute any code inside a payment channel with two, five, twenty, a hundred participants, without limitations of mining or blockchain, just limited by network conditions and CPU. It would completely remove the kind of limitations that you find with current smart contract platforms. Any kind of application could efficiently be executed on the blockchain in a distributed manner, with no additional limitations compared to traditional online applications. The possibilities are endless and the disruption is going to be beyond most people's comprehension.

J.V.

[Spacemarko]

I have some coins on Yobit, what will happen after coin swap with my coins?

[jasonv75]

I have some coins on Yobit, what will happen after coin swap with my coins?

The process of the coinswap is going to be described in detail in advance ones the new codebase is ready.

J.V.

[tp1234]

Have you seen aeternity? What you are describing seems similar to what this group is trying to achieve?

[o48o]

Have you seen aeternity? What you are describing seems similar to what this group is trying to achieve?

Sunday update about that while ago.

[jasonv75]

Have you seen aeternity? What you are describing seems similar to what this group is trying to achieve?

Yes, aeternity inspired some good thoughts.

J.V.

[Fweebie5]

Still at 30 minute block times... sheesh that is some crazy grinding for something mediocre at best.

[jeewaka]

4000 VLT for 8 BTC 

[Deff]

The community hopes that the quantity of coins will remain the same per day??

 

[Stenull]

4000 VLT for 8 BTC 

I'll sell you 4000 VLT for 16btc 

[Clyze]

The HODL-force is strong on this one. We all know whats coming 

[go6ooo1212]

0.1btc rate , after the swap...

[sotisoti]

0.1btc rate , after the swap...

Really?

[rohitgarnaik]

0.1btc rate , after the swap...

Really?

  Idont think so

[Stenull]

0.1btc rate , after the swap...

Really?

  Idont think so

Totally possible