[ANN][XCN] Cryptonite - NEW Thread | 1st mini-blockchain coin | Bounties!

[gnasirator]

is any exchange besides aex/bx.in.th/novaexchange available now?

yes! bisq! -> https://bisq.network/

bisq supports e.g. LTC as base currency. Then we all can trade LTC <-> xcn on there as we like.
Or, of course, BTC but as bisq is a decentralized exchange, every trade is an actual transaction between wallets and therefore costs tx fees.
I recommend not using BTC therefore, as their fees are just too high.

I think bisq currently supports BTC, LTC, Dash.
I don't like Dash on there as they are our direct competition (technologically inferiour though).

We should all just move there and create some volume on that exchange. That could give us a handle to upgrade XCN as a base currency in there in the future.
I think XCN would be perfectly suited as a base currency in bisq because of our scalability. If bisq users could be convinced to use XCN as base, then we'd suddenly have a real use case next to speculation.

fyi: The concept of a base currency on bisq means that one can trade FIAT <-> base curreny on there.
The normal trading goes FIAT <-> base <-> ALT or ALT1 <-> base <-> ALT2

I'm not able to find any trading XCN pair on bisq.network, can you provide a direct link to the market? Thanks!

you have to add it to the list of visible trading pairs in your settings (bottom right):
https://imgur.com/a/NUJmm

It might not be on the homepage because there aren't any trades happening yet.
I don't have any of the other base currencies, therefore won't be taking part in trading there but whoever has any of doge, ltc or dash should be sweet.

[1714094219]

1714094219

[1714094219]

1714094219

[1714094219]

1714094219

[1714094219]

1714094219

[gawlea]

is any exchange besides aex/bx.in.th/novaexchange available now?

yes! bisq! -> https://bisq.network/

bisq supports e.g. LTC as base currency. Then we all can trade LTC <-> xcn on there as we like.
Or, of course, BTC but as bisq is a decentralized exchange, every trade is an actual transaction between wallets and therefore costs tx fees.
I recommend not using BTC therefore, as their fees are just too high.

I think bisq currently supports BTC, LTC, Dash.
I don't like Dash on there as they are our direct competition (technologically inferiour though).

We should all just move there and create some volume on that exchange. That could give us a handle to upgrade XCN as a base currency in there in the future.
I think XCN would be perfectly suited as a base currency in bisq because of our scalability. If bisq users could be convinced to use XCN as base, then we'd suddenly have a real use case next to speculation.

fyi: The concept of a base currency on bisq means that one can trade FIAT <-> base curreny on there.
The normal trading goes FIAT <-> base <-> ALT or ALT1 <-> base <-> ALT2

I'm not able to find any trading XCN pair on bisq.network, can you provide a direct link to the market? Thanks!

you have to add it to the list of visible trading pairs in your settings (bottom right):
https://imgur.com/a/NUJmm

It might not be on the homepage because there aren't any trades happening yet.
I don't have any of the other base currencies, therefore won't be taking part in trading there but whoever has any of doge, ltc or dash should be sweet.

I see.. I'll try to add it, I'm kind of noob using bisq.network platform, actually I didn't used it before Thanks for the tip!

[d5000]

There is a DOGE pairing on bisq.network:

https://markets.bisq.network/?market=xcn_doge

But there seem to be no trades until now. Be careful, they will delist XCN if there's no activity at all ...

[gawlea]

There is a DOGE pairing on bisq.network:

https://markets.bisq.network/?market=xcn_doge

But there seem to be no trades until now. Be careful, they will delist XCN if there's no activity at all ...

Thanks for the tip, so let's make some volume there!

[gnasirator]

Great, let's go.

WTB doge for xcn

[muf18]

You want to buy DOGE for XCN?
Lol.

[antantti]

Feel free to dump to my "wall"

https://markets.bisq.network/?market=xcn_ltc

Available base currencies are btc, ltc and [cough] dash. NO doge as a base.

[gnasirator]

hmm, anyone care to donate some ltc so I can set up some XCN-LTC trade offers on bisq?

LVfqjCcAiANYaZmgXb7NRKpfRAVTjeFZGS

Or I'd buy 0.1 LTC @ 0.0001 LTC / XCN so I can get some liquidity in LTC

[antantti]

hmm, anyone care to donate some ltc so I can set up some XCN-LTC trade offers on bisq?

LVfqjCcAiANYaZmgXb7NRKpfRAVTjeFZGS

Or I'd buy 0.1 LTC @ 0.0001 LTC / XCN so I can get some liquidity in LTC

I think you need more than 0.1 LTC.

I tried to use lowest possible security deposits and my orders say buyer 0.06 LTC / seller 0.6 LTC, trading fee is about 0.01 LTC too. I could be wrong  here, I'm still learning to use it.

[gnasirator]

hmmmm, yeah could be true.
The classic bisq problem: how to get enough base currency for all those deposits and fees.

I think they should add a "no deposits" feature where people can trade without deposits on their own risk. If stuff goes wrong they can still give the other trader a bad reputation (reputation system would be great, too).

[gawlea]

Feel free to dump to my "wall"

https://markets.bisq.network/?market=xcn_ltc

Available base currencies are btc, ltc and [cough] dash. NO doge as a base.

Haha, huge wall 0.31 LTC Jk!

[pallas]

New blockchain snapshot:

https://mega.nz/#!9UpU1YzS!Tv2-wLGOkECxCbxVKI3vyj35jCq1Kolg37KlKaqbX9E

[Eddy-Thailand]

Nobody controls open-source project.

Eh, people must learn - cryptocurrencies were created not for centralized development or product/service, but for a collective intelligence of people, who can/could make something better, with all people from the world make it even better.
Because of this you can fork any project you want and start your own network, with part of old community or with new community.

And now for what cryptos are used? Obviously Pump and dump, because it's unregulated market.
Obviously it wasn't a vision of early developers (or at least I hope it wasn't).

You are completely, 100% right.

Every exchange is a rape from the idea about bitcoin, and in some part, blockchain.

Selling a bitcoin for an euro or us dollar is raping the system.

I buy a meal in Thailand, and I wish to pay in Cryptonite. When my wife in Belgium need a meal, I wish to send Cryptonite, and she can buy her meal, paying in Cryptonite.

I hate it, a believer in blockchain, when i transfer to us Dollar or Euro, or Thai baht, or ringit

Some strong points made here today.
I respect @crysx point of view and also @Eddy-Thailand point of view.
Unfortunately, bx closed his doors to foreign traders half a year ago. I used to trade there and i even communicated on chat (google translate, of course) many times, in thai language.
So, a question for @Eddy-Thailand: Why should any of us (devs, supporters, community, etc) be interested in a market where we have no way to enter and participate?

Your question is wrong 

Cryptonite is on the Thai market. Why is there no support for the Thai people? Why Thai people can not ask a question in their own language? The question must be, why you are on the Thai market and there is no support, or help, of even a thank you for buy Cryptonite.

You are on bx.in.th, so cryptonite have to help customers. If you can not do that, stay away from this market.

There are questions asked at bx, why cryptonite is still on the list. For a lott of people, if Bank of Thailand, wish to close down BX, they will use cryptonite as the reason. There is no team behind it, there is no development, and when you ask questions, you are bullied. After 2 Hr asking questions about cryptonite, i am the first person who say, it's a scam. And maybe i will be the person who contact BOT.

Why people on BX buy cryptonite, the name and color looks nice. And BX have some Cryptonite coins.

[Eddy-Thailand]

For make it more realistic,

Some Thai people have bought Cryptonite. Started few days ago, but omg, toke long time for have the transfer completed.

[pallas]

Cryptonite doesn't have a company behind it. It's community driven. So, instead of complaining, why don't you do the support in Thai? You do speak English and you could relay here the questions you can't answer yourself.

[Victorio]

Hi, guys!
1. Due to the recent release of Blake* ASIC miners, Ethereum dual mining (+Sia, +Lbry, to a lesser extent - Decred and Pascal) ceased to be profitable. Claymore announced to add new dual-mined coins to his Ethereum miner. Is there any chance M7 algo to be dual mined with ETH?
2. I see fundamental similarities in Pascalcoin and Cryptonite:
a. Deletable blockchain - PascalCoin has the SafeBox, that stores account balances and last 100 blocks; Cryptonite has the Mini-Blockchain, Account tree and Proof chain.
b. Dynamic block size
c. PoW algos, although Pascal might change to a different PoW algo for decentralization purposes (they fear 51 attacks, since one pool monopolized its PoW).
d. Messaging system
Could you please help me grasp some technical differences:
Qa. How many block confirmations are needed in Cryptonite? Pascal tx are almost instant.
Qb. How does it solve the problem of double spending? Pascal's Safebox should get a new release that does 0-confirmation transactions.
Qc. If M7 by structure might be ran in parallel with ETH, think about contacting Claymore. Even most dual miners are in just for the quick buck, they would be a very significant flock of new followers that could help with marketing.

[pallas]

Let me reply the easy question from the phone and the rest later.
M7 is not suited for dual mining as it requires a good amount of GPU ram (more than x11, for example). Unlike Blake, M7 can't be made on a single kernel and fast.

[pallas]

Qa: how many blocks for confirmation is a choice by the receiver of a transaction. There is no "secure" number of confirmations, but the likelihood of a block being orphaned increases exponentially with that number (just like with bitcoin).

Qb: double spending protection is by public ledger (account balance sheet). You can't spend the same coins twice because everyone knows how many you have.

[pallas]

Guys, should we wait for nova to open deposits, or should we apply for stocks.exchange? Recently, they got stable again and I think they still ask for 0.12 BTC listing fee (which, by today stabndards, is pretty low).

[xgodprotopskill]

Apply for stocks.exchange, many new mining coins get there.