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Author Topic: [ANN] Datacoin - Censorship-Free Data Storage  (Read 33556 times)
extro24
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November 06, 2017, 07:31:25 PM
 #241

I suppose Datacoin is the currency you need to use in order to pay for storing info on your blockchain? Does the system work by now? How much is it to store data on the chain?

Yes.  Works well.  The cost is 0.05DTC for 128kB.

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extro24
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November 06, 2017, 07:41:35 PM
 #242

I will (try to) host a Datacoin Chat on Twitter at 20:00 UTC on Wednesday 8 November 2017.  Hashtag #DatacoinChat.

We have 2400 followers on Twitter.  It is time to talk to them.

I am going to use TweetChat.

Q1:  What is Datacoin?
Q2:  How do you mine it?
Q3:  How do you buy it?
Q4:  How many coins in circulation?
Q5:  What is Bytestamp and Digital Assets?
Q6:  What is Apertus and how do you store data in the blockchain?
Q7:  What is Hyperledger and what are Smart Contracts?
Q8:  What will happen to the Datacoin price?
Q9:  What is the roadmap for Datacoin?
Q10:How many developers are there?

Participation (and help) would be appreciated.  Testing tomorrow (Tuesday) at 20:00 UTC.
-extro

dtc2017
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November 06, 2017, 09:39:56 PM
 #243

I will (try to) host a Datacoin Chat on Twitter at 20:00 UTC on Wednesday 8 November 2017.  Hashtag #DatacoinChat.

We have 2400 followers on Twitter.  It is time to talk to them.

I am going to use TweetChat.

Q1:  What is Datacoin?
Q2:  How do you mine it?
Q3:  How do you buy it?
Q4:  How many coins in circulation?
Q5:  What is Bytestamp and Digital Assets?
Q6:  What is Apertus and how do you store data in the blockchain?
Q7:  What is Hyperledger and what are Smart Contracts?
Q8:  What will happen to the Datacoin price?
Q9:  What is the roadmap for Datacoin?
Q10:How many developers are there?

Participation (and help) would be appreciated.  Testing tomorrow (Tuesday) at 20:00 UTC.
-extro

This is really awesome, sent you a PM  Smiley
extro24
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November 07, 2017, 07:32:39 AM
 #244

Max Supply of Datacoin

One question I am being asked is the 2 billion max supply of Datacoin that will be produced.

This is something that we can discuss.  For myself I have no strong attachment to the 2 billion.

Since the supply has already passed 28 million we cannot reduce it to 21.  But we can certainly talk about 42 million as a possible stop.

-extro

Everipedia
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November 07, 2017, 09:34:33 AM
 #245

Hi guys, how much is the current price of a datacoin? Coinmarketcap seems to have inaccurate data for it.
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November 07, 2017, 10:04:23 AM
 #246

Hi guys, how much is the current price of a datacoin? Coinmarketcap seems to have inaccurate data for it.

Right now, coinmarketcap.com cannot provide accurate data because btcpop.co has not published an API.

Best orders: sell 180 satoshi, buy 50 satoshi.
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November 07, 2017, 10:52:47 AM
 #247

Casimir says API's will be added with the current recoding of the exchange - ETR January 2018.

extro24
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November 07, 2017, 08:28:41 PM
 #248

I will host a Datacoin Chat on Twitter at 18:00 UTC on Wednesday 8 November 2017.  Hashtag #DatacoinChat.

We have 2400 followers on Twitter.  It is time to talk to them.

I am going to use TweetChat.

Q1:  What is Datacoin?
Q2:  How do you mine it?
Q3:  How do you buy it?
Q4:  How many coins in circulation?
Q5:  What is Bytestamp and Digital Assets?
Q6:  What is Apertus and how do you store data in the blockchain?
Q7:  What is Hyperledger and what are Smart Contracts?
Q8:  What will happen to the Datacoin price?
Q9:  What is the roadmap for Datacoin?
Q10: How many coins will eventually be in circulation?

Participation (and help) would be appreciated.  Note that time has changed to 18:00 UTC
-extro

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November 07, 2017, 10:20:28 PM
 #249

The question is how many are real real followers, and how many F4F.
If there are many more F4F, there will be low participation score.

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November 08, 2017, 06:43:03 AM
 #250

Casimir says API's will be added with the current recoding of the exchange - ETR January 2018.

Good to hear, also with our new chainz block explorer (thanks hp) will be able to keep an accurate account of all coins in circulation.
Gliss of Coinmarketcap will be pleased  Smiley

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November 08, 2017, 06:52:52 AM
 #251

there is a coin name 'DATA', you should change the name
Chicago
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November 08, 2017, 06:58:53 AM
 #252

there is a coin name 'DATA', you should change the name

We were here first; squatter's rights.
extro24
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November 08, 2017, 09:02:29 AM
 #253

there is a coin name 'DATA', you should change the name

That is an ICO.  They run on the Ethereum blockchain and cannot be a platform.  Bitfinex listed them as "Streamr DATA" so I don't see much overlap.

They were formed a few months ago, while Datacoin started life in 2013.  I was there  Grin

Datacoin is a proper cryptocurrency, with very good brand recognition and more functionality than Bitcoin.  With Hyperledger it will have the same capabilities as Ethereum.

This DATAcoin ICO may actually be good for us - their publicity and Google presence will also expose Datacoin.  I noticed a spike on Google Trends:

https://trends.google.com/trends/explore?q=datacoin

-extro


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November 08, 2017, 03:43:29 PM
 #254

Hi,

dtc.graymines.net pool is back and running!

Get whole blockchain took ages to finish :-/

analyzing
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November 08, 2017, 03:46:29 PM
 #255

there is a coin name 'DATA', you should change the name

That is an ICO.  They run on the Ethereum blockchain and cannot be a platform.  Bitfinex listed them as "Streamr DATA" so I don't see much overlap.

They were formed a few months ago, while Datacoin started life in 2013.  I was there  Grin

Datacoin is a proper cryptocurrency, with very good brand recognition and more functionality than Bitcoin.  With Hyperledger it will have the same capabilities as Ethereum.

This DATAcoin ICO may actually be good for us - their publicity and Google presence will also expose Datacoin.  I noticed a spike on Google Trends:

https://trends.google.com/trends/explore?q=datacoin

-extro



there are many coins sharing same name which is really confusing me , not sure how to check which one is real and which one is scam

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dtc2017
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November 09, 2017, 12:15:45 AM
 #256

Max Supply of Datacoin

One question I am being asked is the 2 billion max supply of Datacoin that will be produced.

This is something that we can discuss.  For myself I have no strong attachment to the 2 billion.

Since the supply has already passed 28 million we cannot reduce it to 21.  But we can certainly talk about 42 million as a possible stop.

-extro

If anyone has a decent technical argument to keep the total supply set at 2 billion I would like to hear it. 42 million would be a blessing, Imo early investors should be rewarded for holding dtc in the long term and not feel like they are invested in the Dogecoin for cloud storage.
liaoguipan
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November 09, 2017, 02:14:57 AM
 #257

pool is on , start to mine Cool
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November 09, 2017, 02:23:46 AM
 #258

Max Supply of Datacoin

One question I am being asked is the 2 billion max supply of Datacoin that will be produced.

This is something that we can discuss.  For myself I have no strong attachment to the 2 billion.

Since the supply has already passed 28 million we cannot reduce it to 21.  But we can certainly talk about 42 million as a possible stop.

-extro

If anyone has a decent technical argument to keep the total supply set at 2 billion I would like to hear it. 42 million would be a blessing, Imo early investors should be rewarded for holding dtc in the long term and not feel like they are invested in the Dogecoin for cloud storage.


To firstly call out the elephant in the room, if the total supply is changed, instant whales will be created - HugPuddle being one of them.
Full disclosure --> we control 500,000+ Datacoin (currently 1.76 percent of the money supply -- we've been mining on and off for years now)

Note that our intentions are not for riches, but for giving people a tool to immutably store their history and creations.
If there is a reason to tinker with the money supply to protect the Datacoin network, then I can see the need for a change, but if the network is fine as-is, changing the code is a slippery slope, especially changing the money supply... it can lead to damage of the network, and distrust from people on what developers might do next... make no mistake, this is a big deal.

That being said, if there is some fundamental flaw in the generation of said coin that could lead to harming the Datacoin network, that needs to be looked at.
I think the numbers need to be crunched very carefully.
I'd like the tech savvy people to weigh in on this:

What's the best level of money supply, block times, and data fee to sustain and protect the network?

That question needs to be the guiding light. Without a sustained and protected network, our vision of an environment for people to etch ideas/history/creations will not occur, nor will anyone's investment pay off.

There should be enough generated in a day to meet user storage needs, but not so much that it could clog/spam up Datacoin and cripple the network.
But note that this can be deterred by some kind of variable cost of storage/miner fee & block times, not necessarily by the amount of coin...

Also note that the problem with Dogecoin wasn't its high money supply necessarily, it was that it offered nothing unique to the eco-system for people to stay. Plus, the very thing that grew Doge, the miners, became irrelevant with the Script asic and the difficulty in getting next generation Script miners... GPU mining was key to their involvement.  

I think GPU mining is important, and again, I think our guiding light should be what's the best level of money supply, block times, and data fee to sustain and protect the network over time.

Just some thoughts - I'm loving all the energy around Datacoin Smiley

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November 09, 2017, 06:15:30 AM
 #259

 Cry Просто из 28 кк добытых монет я могу с уверенностью сказать что 1 500 000 мертвы а то и более по моей ошибке. И думаю что не только я их стер. Найдутся видать и другие кто  тоже  ждал и бросил в то время DTC. Сокращать ничего не стоит. Лично моё видение. Давайте идти по плану и поднимать нужду у людей в использовании монеты DTC.   
extro24
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November 09, 2017, 09:09:53 AM
 #260

Cry Просто из 28 кк добытых монет я могу с уверенностью сказать что 1 500 000 мертвы а то и более по моей ошибке. И думаю что не только я их стер. Найдутся видать и другие кто  тоже  ждал и бросил в то время DTC. Сокращать ничего не стоит. Лично моё видение. Давайте идти по плану и поднимать нужду у людей в использовании монеты DTC.   

English translation:
Just out of 28 kk of coins I can say with confidence that 1,500,000 are dead or even more because of my mistake. And I think that not only did I erase them. There are others to be seen, too, who also waited and dropped DTC at that time. To cut costs nothing. Personally, my vision. Let's go according to plan and raise the need for people to use the DTC coin.

You lost 1 500 000 DTC?  Really?  You erased them?

Английский перевод:
Вы потеряли 1 500 000 DTC? В самом деле? Вы их стерли?

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