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radiumsoup
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May 28, 2018, 04:36:52 PM |
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actually I will be releasing a website that enables the BTC pay feature on the counterparty dex making buying/selling NVST with BTC a breeze
I'm curious to hear more about how that works though, so the more details (and the sooner) the better. There is a function in the counterparty protocol called 'bitpay' where one can place a buy order for a token using bitcoin instead of xcp or another token. It's a bit tricky to do - the buy side requires two transactions, and the timeout for any order match is just 20 blocks. It can manually be done right now - you can see the history of matches from the very beginning of the NVST listing. But it's not as simple as just sending the bitcoin to the seller address. Basically, the flow goes like this: Seller places order to sell NVST for BTC. Buyer places an order to match. The CP protocol says that once a match is made, the buyer has 20 blocks to complete the trade by making a second transaction that sends the appropriate amount of bitcoin in a transaction that includes the bitpay opcodes. You can see from this that a problem is created when a user places a buy order first and a seller matches the order while the buyer is away (or asleep, whatever.) Since the second transaction must be placed after a match, only a connected client can send the required bitcoin, and web services cannot reliably do that in an automated manner. Knowing this, the Counterwallet team disabled bitpay transactions some time ago from their web app. Another hitch in the process is that if you send the bitcoin to the seller but the bitpay transaction doesn't confirm before the 20 block expiration, the tokens are not credited and the buyer effectively loses their bitcoin unless the seller sends them a refund (there is no mechanism to enforce refunds, you must rely on the seller's good graces.) The method TSWR is setting up is a fork of an existing bitpay website that doesn't currently work - he and I are modifying it to work properly. Right now we are working on fixing a fee bug, but it should be ready to go...soon  |
PGP fingerprint: 0x85beeabd110803b93d408b502d39b8875b282f86
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Chris!
Legendary
 Offline
Activity: 1382
Merit: 1122
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May 28, 2018, 10:40:27 PM |
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actually I will be releasing a website that enables the BTC pay feature on the counterparty dex making buying/selling NVST with BTC a breeze
I'm curious to hear more about how that works though, so the more details (and the sooner) the better. There is a function in the counterparty protocol called 'bitpay' where one can place a buy order for a token using bitcoin instead of xcp or another token. It's a bit tricky to do - the buy side requires two transactions, and the timeout for any order match is just 20 blocks. It can manually be done right now - you can see the history of matches from the very beginning of the NVST listing. But it's not as simple as just sending the bitcoin to the seller address. Basically, the flow goes like this: Seller places order to sell NVST for BTC. Buyer places an order to match. The CP protocol says that once a match is made, the buyer has 20 blocks to complete the trade by making a second transaction that sends the appropriate amount of bitcoin in a transaction that includes the bitpay opcodes. You can see from this that a problem is created when a user places a buy order first and a seller matches the order while the buyer is away (or asleep, whatever.) Since the second transaction must be placed after a match, only a connected client can send the required bitcoin, and web services cannot reliably do that in an automated manner. Knowing this, the Counterwallet team disabled bitpay transactions some time ago from their web app. Another hitch in the process is that if you send the bitcoin to the seller but the bitpay transaction doesn't confirm before the 20 block expiration, the tokens are not credited and the buyer effectively loses their bitcoin unless the seller sends them a refund (there is no mechanism to enforce refunds, you must rely on the seller's good graces.) The method TSWR is setting up is a fork of an existing bitpay website that doesn't currently work - he and I are modifying it to work properly. Right now we are working on fixing a fee bug, but it should be ready to go...soon Well that sounds like a tough fix! I'm glad we have some competent community members that can come up with these solutions. Thanks guys! |
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centersmissing
Jr. Member
Offline
Activity: 111
Merit: 3
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May 30, 2018, 07:02:33 PM |
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actually I will be releasing a website that enables the BTC pay feature on the counterparty dex making buying/selling NVST with BTC a breeze
I'm curious to hear more about how that works though, so the more details (and the sooner) the better. There is a function in the counterparty protocol called 'bitpay' where one can place a buy order for a token using bitcoin instead of xcp or another token. It's a bit tricky to do - the buy side requires two transactions, and the timeout for any order match is just 20 blocks. It can manually be done right now - you can see the history of matches from the very beginning of the NVST listing. But it's not as simple as just sending the bitcoin to the seller address. Basically, the flow goes like this: Seller places order to sell NVST for BTC. Buyer places an order to match. The CP protocol says that once a match is made, the buyer has 20 blocks to complete the trade by making a second transaction that sends the appropriate amount of bitcoin in a transaction that includes the bitpay opcodes. You can see from this that a problem is created when a user places a buy order first and a seller matches the order while the buyer is away (or asleep, whatever.) Since the second transaction must be placed after a match, only a connected client can send the required bitcoin, and web services cannot reliably do that in an automated manner. Knowing this, the Counterwallet team disabled bitpay transactions some time ago from their web app. Another hitch in the process is that if you send the bitcoin to the seller but the bitpay transaction doesn't confirm before the 20 block expiration, the tokens are not credited and the buyer effectively loses their bitcoin unless the seller sends them a refund (there is no mechanism to enforce refunds, you must rely on the seller's good graces.) The method TSWR is setting up is a fork of an existing bitpay website that doesn't currently work - he and I are modifying it to work properly. Right now we are working on fixing a fee bug, but it should be ready to go...soon Soon? Can we expect weekly updates on your progress? Twitter and Reddit posts as well? |
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TSWR
Jr. Member
Offline
Activity: 127
Merit: 1
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May 30, 2018, 07:54:25 PM |
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actually I will be releasing a website that enables the BTC pay feature on the counterparty dex making buying/selling NVST with BTC a breeze
I'm curious to hear more about how that works though, so the more details (and the sooner) the better. There is a function in the counterparty protocol called 'bitpay' where one can place a buy order for a token using bitcoin instead of xcp or another token. It's a bit tricky to do - the buy side requires two transactions, and the timeout for any order match is just 20 blocks. It can manually be done right now - you can see the history of matches from the very beginning of the NVST listing. But it's not as simple as just sending the bitcoin to the seller address. Basically, the flow goes like this: Seller places order to sell NVST for BTC. Buyer places an order to match. The CP protocol says that once a match is made, the buyer has 20 blocks to complete the trade by making a second transaction that sends the appropriate amount of bitcoin in a transaction that includes the bitpay opcodes. You can see from this that a problem is created when a user places a buy order first and a seller matches the order while the buyer is away (or asleep, whatever.) Since the second transaction must be placed after a match, only a connected client can send the required bitcoin, and web services cannot reliably do that in an automated manner. Knowing this, the Counterwallet team disabled bitpay transactions some time ago from their web app. Another hitch in the process is that if you send the bitcoin to the seller but the bitpay transaction doesn't confirm before the 20 block expiration, the tokens are not credited and the buyer effectively loses their bitcoin unless the seller sends them a refund (there is no mechanism to enforce refunds, you must rely on the seller's good graces.) The method TSWR is setting up is a fork of an existing bitpay website that doesn't currently work - he and I are modifying it to work properly. Right now we are working on fixing a fee bug, but it should be ready to go...soon Soon? Can we expect weekly updates on your progress? Twitter and Reddit posts as well? i normally post on twitter for simple/small updates https://twitter.com/TSWR_Tech and reddit/btct for larger announcements even so, I am hoping to have the site ready by next sunday maybe earlier, it all depends on if the fee issue continues to persist after we apply a fix. when we get time. |
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_Ricardo_
Jr. Member
Offline
Activity: 77
Merit: 1
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May 31, 2018, 12:51:19 AM |
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Has anyone deposited ETC in the wallet? I did a test with ETC in the wallet but it does not show in the balance. The ETC went to the address but did not show the balance.
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cool4y
Member
Offline
Activity: 494
Merit: 12
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June 01, 2018, 02:28:13 PM |
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Has anyone deposited ETC in the wallet? I did a test with ETC in the wallet but it does not show in the balance. The ETC went to the address but did not show the balance.
I think you must be joking. No one with the right mind would use this terrible wallet. |
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radiumsoup
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June 01, 2018, 06:02:26 PM |
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Has anyone deposited ETC in the wallet? I did a test with ETC in the wallet but it does not show in the balance. The ETC went to the address but did not show the balance.
I think you must be joking. No one with the right mind would use this terrible wallet. Still whoring for attention, I see. I must admit, it's not entirely unexpected. |
PGP fingerprint: 0x85beeabd110803b93d408b502d39b8875b282f86
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_Ricardo_
Jr. Member
Offline
Activity: 77
Merit: 1
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June 01, 2018, 08:20:13 PM |
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Has anyone deposited ETC in the wallet? I did a test with ETC in the wallet but it does not show in the balance. The ETC went to the address but did not show the balance.
I think you must be joking. No one with the right mind would use this terrible wallet. I did a test with a small value. Did not drop the transaction in the wallet. as the wallet provides the private key, I can import into another wallet. But a bug to solve in the wallet.  |
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TSWR
Jr. Member
Offline
Activity: 127
Merit: 1
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June 01, 2018, 08:39:42 PM |
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Has anyone deposited ETC in the wallet? I did a test with ETC in the wallet but it does not show in the balance. The ETC went to the address but did not show the balance.
I think you must be joking. No one with the right mind would use this terrible wallet. I did a test with a small value. Did not drop the transaction in the wallet. as the wallet provides the private key, I can import into another wallet. But a bug to solve in the wallet. you are sure you are running the latest version of the wallet ? regardless if it is a present issue with the latest version this will be fixed in the next update i believe a month from now. |
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_Ricardo_
Jr. Member
Offline
Activity: 77
Merit: 1
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June 01, 2018, 09:13:16 PM |
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Has anyone deposited ETC in the wallet? I did a test with ETC in the wallet but it does not show in the balance. The ETC went to the address but did not show the balance.
I think you must be joking. No one with the right mind would use this terrible wallet. I did a test with a small value. Did not drop the transaction in the wallet. as the wallet provides the private key, I can import into another wallet. But a bug to solve in the wallet. you are sure you are running the latest version of the wallet ? regardless if it is a present issue with the latest version this will be fixed in the next update i believe a month from now. The problem is in both wallets 1.0.0 and 1.1.0. Operating System: Ubuntu 16.04LTS No problem, the small amount of ETC I have deposited, and I have the private key. Only reporting the same problem. |
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PrisonerOfLies
Newbie
Offline
Activity: 33
Merit: 0
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June 02, 2018, 07:07:24 PM |
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What a sham this project is, the #2 holder is liquidating and good luck to his sale. This guy must know something and better to lose 35% than 100%.
Despite repeated reassurance of Q1 DEX, we are approaching the end of Q2 and the CEX is still nowhere in sight, oh wait, the wallet is still buggy.
Of course, sick, high blood pressure etc are regularly used to quench the public's demand for progress updates.
Funny that there are still NVST holders thinking that the escrows actually mean something, ouch!
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abrole18
Newbie
Offline
Activity: 106
Merit: 0
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June 02, 2018, 07:13:53 PM |
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Tell me, what's the matter with the project now? the token sale has already passed? the token is traded on the exchange?
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PrisonerOfLies
Newbie
Offline
Activity: 33
Merit: 0
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June 02, 2018, 07:16:37 PM |
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Tell me, what's the matter with the project now? the token sale has already passed? the token is traded on the exchange?
Imagine getting paid 1500 bitcoins for writing a whitepaper, without repercussion !!! Of course the token is not traded on any exchanges, gotta make it hard for people to sell you know. |
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cool4y
Member
Offline
Activity: 494
Merit: 12
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June 02, 2018, 08:30:51 PM
Last edit: June 02, 2018, 08:49:03 PM by cool4y |
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What a sham this project is, the #2 holder is liquidating and good luck to his sale. This guy must know something and better to lose 35% than 100%.
Despite repeated reassurance of Q1 DEX, we are approaching the end of Q2 and the CEX is still nowhere in sight, oh wait, the wallet is still buggy.
Of course, sick, high blood pressure etc are regularly used to quench the public's demand for progress updates.
Funny that there are still NVST holders thinking that the escrows actually mean something, ouch!
Respect mate, you are one of the few here that actually use his brain. Tell me, what's the matter with the project now? the token sale has already passed? the token is traded on the exchange?
Imagine getting paid 1500 bitcoins for writing a whitepaper, without repercussion !!! Of course the token is not traded on any exchanges, gotta make it hard for people to sell you know. The number is 3000 bitcoins. I'm wondering when SEC and regulators will bust these guys. |
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radiumsoup
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June 02, 2018, 11:32:43 PM |
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You guys hear something?
I swear, I thought I just heard someone talking to themselves just now. So weird.
Almost like there was a wind echoing through a hollow tree...no - no, it was more like a hollow skull. It was an uncanny noise, reminded me of this guy who used to come in here a lot and made a big deal about leaving and never coming back.
I dunno, it was such a faint, droning, irrelevant sound, it was difficult to pay attention to for more than a fleeting moment. I just had to ask if anyone else picked up on it or not.
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PGP fingerprint: 0x85beeabd110803b93d408b502d39b8875b282f86
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vrabac68
Member
Offline
Activity: 364
Merit: 10
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June 02, 2018, 11:42:41 PM |
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Guys we need some news.Whats going on with NVO ?Its been almost a year since ICO.This was not the plan .You said q1 will be when exchange is coming.Please give us some news
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crypt0kid
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June 03, 2018, 01:08:04 AM |
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Does this team not understand the value of marketing/PR? Does the team see no value in keeping their investors updated? The launch was supposed to be in Q1 and now Q3 is one month away and not only is the coin no longer listed on CMC? The team has gone silent. The Twitter account hasn't been updated since December 2017  |
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abrole18
Newbie
Offline
Activity: 106
Merit: 0
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June 03, 2018, 03:30:42 AM |
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Tell me, what's the matter with the project now? the token sale has already passed? the token is traded on the exchange?
Imagine getting paid 1500 bitcoins for writing a whitepaper, without repercussion !!! Of course the token is not traded on any exchanges, gotta make it hard for people to sell you know. to be honest I did not particularly understand what you said and how it is connected, but would appreciate if you could explain. thanks) |
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PrisonerOfLies
Newbie
Offline
Activity: 33
Merit: 0
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June 03, 2018, 07:30:19 AM |
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Tell me, what's the matter with the project now? the token sale has already passed? the token is traded on the exchange?
Imagine getting paid 1500 bitcoins for writing a whitepaper, without repercussion !!! Of course the token is not traded on any exchanges, gotta make it hard for people to sell you know. to be honest I did not particularly understand what you said and how it is connected, but would appreciate if you could explain. thanks) Spend a few nights write up a whitepaper, leave investors in the dark, feed them with endless delays, get paid 1500, sorry, 3000 BTCs for it. Feed the suckers (sorry, investors) with BS every now and then, miss all the deadlines, no github code, no Skype recording, no progress update, no independent audit, no proof of any work being done, no proof of even the existance of a development team, no technical blueprint on the workings of the Validator, no announcements, no marketing, no PR, no easy ways for people to cash out. Enjoy the 6-star hotel in Dubai, or a nice beach in Greek, with the free money  Damn, life is good, for the developers.! |
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crypt0kid
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June 04, 2018, 06:42:39 AM |
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Dear NVO Team,
I don't know if you really care, but there is a recently launched decentralized escrow platform called Payfair. Their website is Payfair.io. They are listing projects on there for a very small fee until their platform gains more traction. We the investors would greatly appreciate it if you would reach out to them and get NVST listed on their platform, so that we can trade freely. At the moment, we are being held hostage with no volume on Counterwallet.io. I'm not sure if any of you really care since you already have our money, but we'd really appreciate it. It's the least that you can do for stringing us along for 1 year with nothing to show for our investment.
Thank You!
Signed:
NVO Investors
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