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Author Topic: [DVC]DevCoin - Official Thread - Moderated  (Read 1058355 times)
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realdantreccia
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July 09, 2019, 04:30:54 PM
 #7921

Yes we did not realise at the time that Satoshi had set up genesis blocks to not be spendable, it seemed only right that he or she get to be the owner of the first block of each bitcoin-clone coin Smiley

Too bad it turned out a genesis block is not spendable. Sad

-MarkM-


I did that, lol.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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July 10, 2019, 12:31:31 PM
 #7922

Yes we did not realise at the time that Satoshi had set up genesis blocks to not be spendable, it seemed only right that he or she get to be the owner of the first block of each bitcoin-clone coin Smiley

Too bad it turned out a genesis block is not spendable. Sad

-MarkM-


I did that, lol.

Looks like all your conspiracy theories were wrong  Embarrassed

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realdantreccia
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July 11, 2019, 07:43:03 PM
 #7923

Yes we did not realise at the time that Satoshi had set up genesis blocks to not be spendable, it seemed only right that he or she get to be the owner of the first block of each bitcoin-clone coin Smiley

Too bad it turned out a genesis block is not spendable. Sad

-MarkM-


I did that, lol.

Looks like all your conspiracy theories were wrong  Embarrassed

Que theories?

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July 11, 2019, 09:32:56 PM
 #7924

Yes we did not realise at the time that Satoshi had set up genesis blocks to not be spendable, it seemed only right that he or she get to be the owner of the first block of each bitcoin-clone coin Smiley

Too bad it turned out a genesis block is not spendable. Sad

-MarkM-


I did that, lol.

Looks like all your conspiracy theories were wrong  Embarrassed

Que theories?


Esta teoría

https://twitter.com/satoshi0x/status/1138923475941437440



Quote
Daniel@satoshi0x
Jun 12

Depot - arms - RISC OS w ARM chipset on Acorn Computers and others, RISC OS dual boot with RISC iX, Oracle Corporation and alliance Network Computer (NC) with various terms and versions. Came with RISC version renamed NCOS - Diskless like Stadia. Differ w fat client towers (PC).


General Mining Corp depot uses FireWire IEEE 1394 most likely. ARM chips went into handheld devices like the phones of today. App stores are depots. Depot comes from garner - archaic word from grain. Grain was early money. Devcoin is the most granular of coins - cuz it’s meant to run with less and less costs while it’s value grows, but appears to have still been started (booted) before networks like this existed. Maybe why Italy has http://en.bitcoin.it  and fat host @MagicalTux ran it poorly until the cost/slower and slower network made it vanish to work locally on edits while the public bitcoin network protocol was faster and longer as a “thin” client. The entire chain itself is too heavy and costly to transfer back and forth or to hold on a central server so splitting it up and renaming it while editing locally makes it secure, it also runs on a fat client to be able to function a long time without connecting to the fat host while being able to download from the network. In the end this will be why CPU mining and “shitcoins” shell Italian coins? Will win. Dual boot. iX one more time and then go online for good with the final production ready version and use smart phones to keep the network up using compatible chipsets. Genius.


Forgot to mention the “Source” of Italian ccTLD bitcoin wiki has a golden disc overlapped with an Orange bitcoin logo “burned in” to the page.


Depot is a noun that also comes from the act of depositing. A deposit into a bank for interest. Since there is no interest at the General Mining Corp depot the delivery fee to the carrier (one who transports the “deuterium” resource) is paid in GMC’s own currency and applied against their devcoin-denominated debt. Using any coin besides Devcoin (the most granular) to pay debts owed in Devcoin causes error over time in the ledger. Plus this is paid in-house with company coin so no conversion fee is charged like banks who use forex rate tables. The company then is rounding up in favor of GMC against devcoins when accepting its own payment and rounding up on its own side allowing dust to pile up creating a bigger problem if GMC is seen as more capital available to loan out (like banks did with CDOs) or the company starts to report its capital available as cash on hand because it overreported its gains publicly only to crumble the system after enough transactions have been rounded up causing bubbles the pop worldwide. If the profit from a secondary market for GMC shares and so on pops up with the Corp selling bonds and creating a false market without precision accounting and a fast enough velocity of money then it gets worse with a lot of people holding bags of things like Enron, Bear Sterns etc. however this is by design and all an act.The depot still receives many deposits from miners that decide to transport its “deuterium” resource. If that value has been preserved and the granularity of devcoins are accounted for locally or privately somewhere then the system may finally be fluid enough to work.

If theresource stored and the movement of each cycle was mathematically accounted for on a “fathost” somewhere with accurate internal ledger and an alliance of orgs with a fallback option then the system may get work whenever the resource itself may be utilized to benefit the system.


Also bitcoin miner fees and others pricey alts are the false market because people see it narrowly as just digital cash and not as a combination of the aggregate and protocol that has yet to be realized. Those who hoard BTC because that’s all they believe (there truly aren’t many will be diluted but the thing is, you’re probably waiting for what I’m waiting for to because you didn’t have to find out on your own and you contribute to it’s abstract and unique security at the very least. But soon, you will be paid. And paid gloriously!


Props to @jpmorgan and being the first to issue ADRs btw. Foreign entry to the markets takes time. Lifetimes.

--------------------------------------------


Daniel@satoshi0x
24 Dec 2018

DevCoin is the way forward but also has a correctly debugged BC genesis block as well as a connection to the first 50 BC reward. It still has not combined with ETC since it’s hiding in another DVC subdirectory. DVC also lacks a genesis block on its non-Iquidis explorer.


-----------------------------------------------



Daniel@satoshi0x
23 Dec 2018

It’s more complicated than this of course but 0.0.0.0 is an ipv4 address that could be said to be “0x00...” an Eth/ETC miner/cb address. The ip is relayed on BTC but waiting for DVC to broadcast. Only problem is DVC is using a proxy that cannot accept incoming connections.


---------------------------------------------------



Daniel@satoshi0x
23 Dec 2018

IRC won’t connect DVC on bitcoin 0.3.24 and says it hasn’t found peers since 01-01-1970 which is where the parent chain meets the child at ETC. That client is modified to accept DVC as BTC (likely at 1/1000 BTC) and is complicated by devcoind running the original bitcoind.


------------------------------------------------------


Daniel@satoshi0x
May 8

You won’t “sell” your DVC on exchanges - they will be accepted at Bitcoin addresses (as they were before) and also given their true value per sat (as in colored coins). You’ll see. This whole thing is being abstracted on purpose.



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July 11, 2019, 10:00:42 PM
 #7925

What do you think about the following prophecy:  

Tue, 21 Jan 2014

knotwork: considering just hashrate its IXCoin that is the dark horse so far, high hash/difficulty yet not much mass buying yet
Duffer1: yet?
knotwork: Yet. When hashrate becomes a big selling point it would presumably see more volume and/or price
knotwork: currently cuteness of meme is the bigger selling point it seems

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July 12, 2019, 05:05:09 AM
Last edit: July 12, 2019, 05:15:59 AM by hornetsnest
 #7926

What do you think about the following prophecy:  

Tue, 21 Jan 2014

knotwork: considering just hashrate its IXCoin that is the dark horse so far, high hash/difficulty yet not much mass buying yet
Duffer1: yet?
knotwork: Yet. When hashrate becomes a big selling point it would presumably see more volume and/or price
knotwork: currently cuteness of meme is the bigger selling point it seems



A finely dressed Bohemian whoremaster hipster comments on it here http://btcbase.org/log/2012-10-07#-235737

Quote
mircea_popescu: devscamcoins
dub: double vaginal coin
mircea_popescu: and devscambutts


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July 16, 2019, 02:40:50 PM
 #7927


This is the second time this has happened! Has anyone else created a new wallet only to find funds had been previously sent to the wallet's address? This happened on a BCH wallet a while ago and although mind boggling, at the chance of it happening, it was only for about $30 in BCH at the time. This time there was 0.05 BTC in a new BTC wallet created recently on my system. The BTC was sent to the address back in 2016.

Maybe there is an industry to be had at having a bot creating wallets looking for mis-transfered funds.  Cool

- Nova

DVC Address : 1EfsiVUECqmR5Qx7C4PkmwadDXYuSGzssL
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July 17, 2019, 05:16:49 AM
Last edit: July 17, 2019, 07:36:52 PM by markm
 #7928

Wow that is supposed to be cosmically rare. Are you sure it really is a wallet newly created with addresses it just made up?

I wonder if it is really a wrong-address send or if comeone else somewhere has a wallet that made up the same address and the send was correct and deliberate.

Maybe there is a random number generator flaw that makes addresses the wallets make up not always be as "random" as intended.

You say the wallet's address as if it had one, but normally a hundred or a thousand or somesuch are made up initially when creating a wallet.

To have something suposed to be cosmically rare - an address collision - happen twice that you know of seems suspicious, if it happened twice that you know of I wonder how many times it has happened worldwide since bitcoin was invented.

I do recall something a few years back about some standard random numbers that hhs or suchlike makes up turning out to be far from random I wonder if this is something similar.

-MarkM-

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July 18, 2019, 12:02:37 AM
 #7929

What do you think about the following prophecy:  

Tue, 21 Jan 2014

knotwork: considering just hashrate its IXCoin that is the dark horse so far, high hash/difficulty yet not much mass buying yet
Duffer1: yet?
knotwork: Yet. When hashrate becomes a big selling point it would presumably see more volume and/or price
knotwork: currently cuteness of meme is the bigger selling point it seems



A finely dressed Bohemian whoremaster hipster comments on it here http://btcbase.org/log/2012-10-07#-235737

Quote
mircea_popescu: devscamcoins
dub: double vaginal coin
mircea_popescu: and devscambutts



Racist of you.

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July 18, 2019, 05:14:02 AM
 #7930

Racist of you.

Que parte mi hombre?

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July 18, 2019, 12:02:28 PM
 #7931

Wow that is supposed to be cosmically rare. Are you sure it really is a wallet newly created with addresses it just made up?

There was only the one transaction in the history.

Quote
You say the wallet's address as if it had one, but normally a hundred or a thousand or somesuch are made up initially when creating a wallet.

Yes that was misleading of me. My meaning is that a transfer was sent to one of its addresses.

Quote
To have something suposed to be cosmically rare - an address collision - happen twice that you know of seems suspicious, if it happened twice that you know of I wonder how many times it has happened worldwide since bitcoin was invented.

It happened once with a BCH wallet, then again more recently with a BTC wallet, yet it may be worth setting up a bot to create BTC wallets and keep a backup of any wallet found to have previous transfers.  Cool

- Nova

DVC Address : 1EfsiVUECqmR5Qx7C4PkmwadDXYuSGzssL
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July 20, 2019, 01:47:59 AM
 #7932

I have no idea what we are discussing now, but yes - to the end. I'm in.

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July 22, 2019, 01:44:13 AM
 #7933

Happy birthday Devcoin

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July 22, 2019, 11:44:50 AM
 #7934

Happy birthday Devcoin

Apollo 11, we get it.
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July 22, 2019, 07:28:03 PM
 #7935

Happy birthday Devcoin

Apollo 11, we get it.

Nope, pi approx day

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July 22, 2019, 08:02:38 PM
 #7936


Ah, thought you posted it on July 21st due to time difference :/

Happy bday then.
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July 23, 2019, 05:18:00 PM
 #7937

Attached as per request, for potential branding.



Bonus
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July 24, 2019, 01:33:45 AM
 #7938

Mark, when this? (rounding on devcoin side)

That latestrates file is intended for use by shell scripts and basically any script languages in which that simple syntax for assigning values to variables works.

One looks down the list to see which rate is equal to 1.00000000, in the case given you can see that is DVC (DeVCoins), indicating that whatever currency the rates (prices) are being shown in happens to be a currency in which devcoins are worth exactly 1.00000000, so its pretty obvious the prices shown are given in terms of devcoins.

Devcoin are convenient because they have more granularity than most (or maybe even more than any other) thus finer grained prices can be shown by pricing in devcoins than by pricing in, for example, bitcoins, number of decimals shown being equal.

So then, what we have there is the number of devcoins each of various other assets conversion rate is, aka what their price in devcoins is, ready for use in scripts.

The scripts they were originally set up for are market-maker scripts for Open Transactions, which would typically make offers at three different scales (lot sizes of 1, 10 and 100 coins, or lot sizes of 10, 100 and 1000 coins, or lot sizes of 100, 1000 and 10000 coins or even lot sizes of 1000, 10000 and 100000 coins (heck maybe even some pairs, like DVC/BTC might have used lot sizes of 10000, 100000 and 1000000 coins)).

The scripts would place offers in both ways round of the pair (e.g. BTC/DVC and DVC/BTC) at each scale (lot size), with higher markups for smaller scales than for lower scales, in order to facilitate buying wholesale to resell at retail kind of thing.

So basically the rates were intended for use like the rate charts tellers in banks used to look at when you wanted to buy or sell foreign currency at the bank; selling they'd sell with a slight markup, buying they'd buy at a slight discount. Thus only in pure abstract accounting would anyone normally/typically get the actual rates shown in this latestrates file.

As a concrete example consider a galactic mining operation that has debts denominated in devcoins and is delivering a fleetload of "deuterium" resource to a General Mining Corp depot.

General Mining Corp would offer some number of their own currency, GMC, for the resource. The miner says oh I want that applied against my debt, please. So the clerk uses a table that can be derived from that shown table simply by dividing all rates by GMCrate. That is, they use a table in which all rates are shown in terms of GMC, that is, a table in which GMCrate is the one shown as 1.00000000

So they can thus convert to any. In the case where the miner wants it applied against a devcoin-denominated debt obviously the latestrates we have already seen would have worked fine, since it already showed everything in terms of devcoins. I am merely trying to make it clear that by simple arithmetic one can from that table derive a table that gives all rates in terms of whichever one you prefer your rates to be denominated in, which in the case of GMCorp would probably be GMC.

Maybe even in pure abstract accounting ("unit of account") most moneygrubbing corps would do the extra work to apply a percentage service fee of some kind for the conversion. However historically it has often been the case, partly due to the fact that all assets on the Digitalis Open Transactions Server are integers, that miners doing such deliveries typically were not charged by percentage but the corp would simply do the rounding to integers in their own favour. (Presumably paying the clerk out of the rounding on the GMC side not out of some fraction of a devcoin of rounding on the devcoin side! Wink)

-MarkM-


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July 24, 2019, 05:03:09 AM
 #7939

Mark, when this? (rounding on devcoin side)

As it says, they rounded on the other coin's side. Since those coins tended to be worth maybe five bucks or less each, that led to less than five bucks fee presumably.

Nowadays we have decimals though (on HORIZON and Stellar platforms) so I suppose it would make sense to put some kind of fee.

On the other hand mining corps can choose to send their DEUterium to either GMC (Galactic Mining Corp) or to GRF (Galactic Retirement Funds) so maybe neither one wants to be the first to add a fee, preferring not to end up causing miners to send their shipments to the competitor.

I used DeVCoins for the normal Latest Rates file unit simply because most of the time, especially back when I first set up those tables, DeVCoin was the smallest, thus in effect the smallest-denomination coin, so gave the finest granularity of prices.

-MarkM-

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July 24, 2019, 04:32:35 PM
 #7940

Mark, when this? (rounding on devcoin side)

As it says, they rounded on the other coin's side. Since those coins tended to be worth maybe five bucks or less each, that led to less than five bucks fee presumably.

Nowadays we have decimals though (on HORIZON and Stellar platforms) so I suppose it would make sense to put some kind of fee.

On the other hand mining corps can choose to send their DEUterium to either GMC (Galactic Mining Corp) or to GRF (Galactic Retirement Funds) so maybe neither one wants to be the first to add a fee, preferring not to end up causing miners to send their shipments to the competitor.

I used DeVCoins for the normal Latest Rates file unit simply because most of the time, especially back when I first set up those tables, DeVCoin was the smallest, thus in effect the smallest-denomination coin, so gave the finest granularity of prices.

-MarkM-


Thanks for the update.  Cool

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