[SKY] Skycoin Launch Announcement

[13Darko]

It's nice to finally try the wallet Nice looking with very intuitive and simple interface. Great!

How do I delete new created wallet addresses?

[coin@coin]

Haven't posted for a while but I'm still around. Glad to see things are moving at a faster pace.

Looking forward to get involved any way I can. I did PM in the past, see if there is anything I can help you with guys.

[Momimaus]

The problem with the 98% in devs hand is simply TRUST. That´s the reason we don´t like Ripple and Bitshares.
If you are real and have the beautiful mind you propose everything is ok, but how should we trust you.

You wrote the problem with Ripple, etc. there are huge accounts htat can dump anytime. In this case that´s the same, it´s you.

Maybe you can find a solution to proof to everyone your good intention. But I don´t see a way how to do this. I hope you do.


So in reality how does this work?

You sell 2%, get the money and use it for development.
Then you take some % for bounties.

And how are the 40-50% distributed over time?
You sell it in different IPO´s? Or you give them as interest to the stakeholders?

If a: different IPO´s:  For what price? The original price, the actual price, some price between?
That´s all kind if heavy manipulation. cause you bring the price down with every IPO. I am in for longterm, so that wouldn´t be a problem for me, but there will be speculators, and they will buy IPO´s and sell before IPO´s. So they will have plenty of opportunitys to grab the money from new people coming in.

So it looks kind of flawed to me, even cause I believe in your good intentions and your knowledge.

[LemonAndFries]

Here is the solution to the 98% problem (IMO):

Create a DAE (Decentralized Autonomous Escrow), based on time limit or something that will slowly release the coins to whatever parameters or requirements from holders.

Make the account public and make it so it will automatically notify holders about the activities with the DAE.

Just an idea.

[lovely89]

Here is the solution to the 98% problem (IMO):

Create a DAE (Decentralized Autonomous Escrow), based on time limit or something that will slowly release the coins to whatever parameters or requirements from holders.

Make the account public and make it so it will automatically notify holders about the activities with the DAE.

Just an idea.

I agree. Complete transparency.

[skycoin]

Skycoin Project Overview

This is overview of the Skycoin project code complexity. Skycoin began as an attempt to simplify bitcoin and make a minimalist bitcoin with reduced complexity, improved security and improved usability.

Skycoin was not designed to add hundreds of features, but was designed to strip out all the edge cases and everything unnecessary from Bitcoin.

Bitcoin Complexity

 ~/bitcoin-0.9.2.1-linux/src/bitcoin-0.9.2 $ cloc .
     593 text files.
     584 unique files.                                          
     191 files ignored.

http://cloc.sourceforge.net v 1.60  T=4.03 s (100.1 files/s, 30359.6 lines/s)
-------------------------------------------------------------------------------
Language                     files          blank        comment           code
-------------------------------------------------------------------------------
C++                            194           8991           5294          53356
Bourne Shell                    15           2357           2149          18205
C/C++ Header                   159           4108           4316          15847
m4                              17            377            102           3563
HTML                             3             85              0           1136
make                             6            167             29            895
Python                           5             88             79            379
C                                1             43             11            336
Objective C++                    2             37             14            155
CSS                              1             10              1             78
-------------------------------------------------------------------------------
SUM:                           403          16263          11995          93950
-------------------------------------------------------------------------------

Skycoin Complexity

~/skycoin/src $ cloc .
     645 text files.
     638 unique files.                                          
      77 files ignored.

http://cloc.sourceforge.net v 1.60  T=4.73 s (120.8 files/s, 41069.5 lines/s)
-------------------------------------------------------------------------------
Language                     files          blank        comment           code
-------------------------------------------------------------------------------
Javascript                     370          13829          35038          91821
Go                             137           4450           5151          26487
CSS                             15           1712            129           9214
C/C++ Header                    27            448            353           2564
C                                5            151             83            954
HTML                            10             83            130            487
Assembly                         1             62             61            346
m4                               1             30              0            276
make                             1              6              1             59
Bourne Shell                     2              0              5             54
Java                             1              7             19             34
YAML                             1              8              0             11
-------------------------------------------------------------------------------
SUM:                           571          20786          40970         132307
-------------------------------------------------------------------------------

Skycoin Complexity Drill Down

Removing the one external C library and the javascript for angular we get

cloc --exclude-dir=aether,_deprecated,./gui/static,./cipher/secp256k1-go .
      69 text files.
      69 unique files.                              
     665 files ignored.

http://cloc.sourceforge.net v 1.60  T=0.55 s (123.7 files/s, 34026.3 lines/s)
-------------------------------------------------------------------------------
Language                     files          blank        comment           code
-------------------------------------------------------------------------------
Go                              68           2029           2459          14210
-------------------------------------------------------------------------------
SUM:                            68           2029           2459          14210
-------------------------------------------------------------------------------

Summary

Bitcoin is 53356 lines of C++, 15847 lines of C/C++ headers. 15,000 lines of bash scripts.

Skycoin is 14,210 lines of Golang. At peak Skycoin was over 80,000 lines, but has become more elegant over time.

Skycoin Drill Down

cloc --exclude-dir=aether,_deprecated,./gui/static,./cipher/secp256k1-go --by-file .
      69 text files.
      69 unique files.                              
     665 files ignored.

http://cloc.sourceforge.net v 1.60  T=0.51 s (132.7 files/s, 36494.5 lines/s)
---------------------------------------------------------------------------------------
File                                                blank        comment           code
---------------------------------------------------------------------------------------
./daemon/visor_test.go                                127             94           1202
./daemon/daemon_test.go                               131            112           1144
./coin/blockchain_test.go                             102             86            925
./visor/visor_test.go                                 113             70            872
./visor/unconfirmed_test.go                            67             45            735
./daemon/daemon.go                                     53            117            611
./coin/transactions_test.go                            56             41            489
./coin/blockchain.go                                   66            141            478
./visor/spend_test.go                                  41             42            377
./daemon/visor.go                                      60             88            376
./visor/visor.go                                       81            234            371
./coin/outputs_test.go                                 43             23            362
./daemon/messages_test.go                              60             25            338
./cipher/crypto.go                                     51             56            325
./visor/readable_test.go                               40              6            315
./gui/wallet.go                                        71            282            259
./coin/transactions.go                                 45             57            250
./daemon/messages.go                                   36             57            246
./cipher/crypto_test.go                                33             23            241
./coin/unspent_pool_test.go                            19             19            236
./cipher/hash_test.go                                  23             15            221
./cipher/base58/base58.go                              41             24            178
./visor/unconfirmed.go                                 25             36            173
./util/file_test.go                                    23              3            162
./visor/readable.go                                    29             34            153
./visor/blocksigs_test.go                              21              8            152
./coin/outputs.go                                      34             55            138
./visor/rpc_test.go                                    20              9            137
./visor/spend.go                                       23             23            132
./daemon/peers_test.go                                 16              4            121
./cipher/ripemd160/ripemd160block.go                   24             19            118
./coin/coin_test.go                                    55            119            108
./cipher/hash.go                                       20             13            108
./coin/unspent_pool.go                                 15             21            106
./daemon/dht.go                                        13             20            105
./wallet/deterministic.go                              27             27            104
./daemon/gateway.go                                    29            103             96
./wallet/readable.go                                   19             25             95
./visor/serialization_test.go                          20             11             95
./visor/blocksigs.go                                   12             17             93
./cipher/ripemd160/ripmd_160.go                        19             14             87
./visor/serialization.go                               10              4             86
./wallet/wallets.go                                    11              8             84
./util/file.go                                         10              8             84
./daemon/peers.go                                      10             14             82
./daemon/pool.go                                       11             14             81
./cipher/address.go                                    20             29             80
./wallet/entry.go                                      12             11             77
./cipher/address_test.go                                9              5             72
./gui/http.go                                           8             15             72
./util/cert.go                                         15              7             70
./daemon/rpc.go                                        10             10             68
./daemon/pool_test.go                                   8              6             64
./daemon/dht_test.go                                    7              0             57
./visor/rpc.go                                         18             38             56
./gui/blockchain.go                                     6              1             51
./gui/cert.go                                           5              9             49
./wallet/balance.go                                    11              6             46
./gui/json.go                                           7              6             36
./wallet/wallet.go                                     11             37             32
./gui/error.go                                          7              1             29
./gui/template.go                                       4              1             25
./gui/network.go                                        4              1             23
./util/time_test.go                                     4              0             20
./util/cert_test.go                                     3              0             17
./util/time.go                                          4              3             13
./visor/json_rpc.go                                     1              7              1
./wallet/wallet_util.go                                 0              0              1
---------------------------------------------------------------------------------------
SUM:                                                 2029           2459          14210
---------------------------------------------------------------------------------------

We see that most of Skycoin's code is unit tests. The unit tests are larger than the files.

Removing unit tests

cloc --exclude-dir=aether,_deprecated,./gui/static,./cipher/secp256k1-go --not-match-f='.+_test.go' --by-file .
      45 text files.
      45 unique files.                              
     665 files ignored.

http://cloc.sourceforge.net v 1.60  T=0.41 s (107.4 files/s, 20570.1 lines/s)
---------------------------------------------------------------------------------------
File                                                blank        comment           code
---------------------------------------------------------------------------------------
./daemon/daemon.go                                     53            117            611
./coin/blockchain.go                                   66            141            478
./daemon/visor.go                                      60             88            376
./visor/visor.go                                       81            234            371
./cipher/crypto.go                                     51             56            325
./gui/wallet.go                                        71            282            259
./coin/transactions.go                                 45             57            250
./daemon/messages.go                                   36             57            246
./cipher/base58/base58.go                              41             24            178
./visor/unconfirmed.go                                 25             36            173
./visor/readable.go                                    29             34            153
./coin/outputs.go                                      34             55            138
./visor/spend.go                                       23             23            132
./cipher/ripemd160/ripemd160block.go                   24             19            118
./cipher/hash.go                                       20             13            108
./coin/unspent_pool.go                                 15             21            106
./daemon/dht.go                                        13             20            105
./wallet/deterministic.go                              27             27            104
./daemon/gateway.go                                    29            103             96
./wallet/readable.go                                   19             25             95
./visor/blocksigs.go                                   12             17             93
./cipher/ripemd160/ripmd_160.go                        19             14             87
./visor/serialization.go                               10              4             86
./wallet/wallets.go                                    11              8             84
./util/file.go                                         10              8             84
./daemon/peers.go                                      10             14             82
./daemon/pool.go                                       11             14             81
./cipher/address.go                                    20             29             80
./wallet/entry.go                                      12             11             77
./gui/http.go                                           8             15             72
./util/cert.go                                         15              7             70
./daemon/rpc.go                                        10             10             68
./visor/rpc.go                                         18             38             56
./gui/blockchain.go                                     6              1             51
./gui/cert.go                                           5              9             49
./wallet/balance.go                                    11              6             46
./gui/json.go                                           7              6             36
./wallet/wallet.go                                     11             37             32
./gui/error.go                                          7              1             29
./gui/template.go                                       4              1             25
./gui/network.go                                        4              1             23
./util/time.go                                          4              3             13
./wallet/wallet_util.go                                 0              0              1
./visor/json_rpc.go                                     1              7              1
---------------------------------------------------------------------------------------
SUM:                                                  988           1693           5748
---------------------------------------------------------------------------------------

So Skycoin has 6000 lines of golang code. 8000 lines of unit tests.

Sorted by Name

File                                                blank        comment           code
./cipher/address.go                                    20             29             80
./cipher/base58/base58.go                              41             24            178
./cipher/crypto.go                                     51             56            325
./cipher/hash.go                                       20             13            108
./cipher/ripemd160/ripemd160block.go                   24             19            118
./cipher/ripemd160/ripmd_160.go                        19             14             87
./coin/blockchain.go                                   66            141            478
./coin/outputs.go                                      34             55            138
./coin/transactions.go                                 45             57            250
./coin/unspent_pool.go                                 15             21            106
./daemon/daemon.go                                     53            117            611
./daemon/dht.go                                        13             20            105
./daemon/gateway.go                                    29            103             96
./daemon/messages.go                                   36             57            246
./daemon/peers.go                                      10             14             82
./daemon/pool.go                                       11             14             81
./daemon/rpc.go                                        10             10             68
./daemon/visor.go                                      60             88            376
./gui/blockchain.go                                     6              1             51
./gui/cert.go                                           5              9             49
./gui/error.go                                          7              1             29
./gui/http.go                                           8             15             72
./gui/json.go                                           7              6             36
./gui/network.go                                        4              1             23
./gui/template.go                                       4              1             25
./gui/wallet.go                                        71            282            259
./util/cert.go                                         15              7             70
./util/file.go                                         10              8             84
./util/time.go                                          4              3             13
./visor/blocksigs.go                                   12             17             93
./visor/json_rpc.go                                     1              7              1
./visor/readable.go                                    29             34            153
./visor/rpc.go                                         18             38             56
./visor/serialization.go                               10              4             86
./visor/spend.go                                       23             23            132
./visor/unconfirmed.go                                 25             36            173
./visor/visor.go                                       81            234            371
./wallet/balance.go                                    11              6             46
./wallet/deterministic.go                              27             27            104
./wallet/entry.go                                      12             11             77
./wallet/readable.go                                   19             25             95
./wallet/wallet.go                                     11             37             32
./wallet/wallets.go                                    11              8             84
./wallet/wallet_util.go                                 0              0              1
SUM:                                                  988           1693           5748

Skycoin Module Overview

skycoin.coin is the blockchain parser
skycoin.cipher is the cryptography library and address parser
skycoin.visor runs the the blockchain. Downloads blockchain, manages blockchain state, exposes API
skycoin.daemon is the networking module. It does DHT, packets and peer-exchange. It is being replaced by Skywire
skycoin.gui runs the html web-wallet frontend and JSON API.  
skycon.wallet is the JSON wallet library.
skycoin.util is functions for saving files to disc and other tasks

Bitcoin uses OpenSSL for encryption. Skycoin includes the encryption library and has the absolute bare minimum of external dependencies. The dependencies that it does have, are being removed or reduced over time.

Remaining Work

- The wallet needs to be refactored and cleaned up. 800 lines of code were just removed and the wallet format is being improved https://github.com/skycoin/skycoin/commit/98cb1b3dad6cd34791b69bc54026a2bce48f374b
- Daemon needs to be replaced by Skywire. This will allow consensus algorithm implementation and allow the operation of the darknet/meshnet. There is a single DHT library that needs implementation for the meshnet/darknet to be fully operational. Skywire is "the new internet", where IP addresses have been replaced by public key hashes. It is similar to Tor but can have lower latency than IPv4/IPv6 (mostly because of hot potato interdomain routing).
- Cipher needs ChaCha20 support
- Cipher's secp256k1 code needs to be moved from C to Golang, so that we can do cross platform builds easily without any cgo dependency.
- Visor could be cleaned up. Visor is being refactored soon.
- There needs to be a thin-client separation between /src/gui and /src/visor so that cell phones can do transactions easily, without running the full blockchain. We may add a golang RPC layer between visor and the JSON api exposed by GUI.
- We need a library for doing blockchain storage. blockdb
- We need a library for doing transaction history and exploring the blockchain, exposing a JSON api. Skycoin is designed to be minimalist so this was not included as part of the core libraries.
- Merkle-DAG needs to be implemented, so that we can download all blocks in the blockchain in parallel. Merkle-DAG is Skycoin's peer-to-peer content addressable storage standard, "Bitorrent 2.0" protocol based upon IPFS. Merkle-DAG is a stripped down minimized version of IPFS that uses Skycoin's cryptographic primitives and Skywire for networking.

We also need to put together a full time team, working on infrastructure investment. After Skywire and consensus is implemented. This will move us towards deterministic builds for golang and improve the language run-time to meet the needs of the project.

[mightname]

How about the IPO date? So many delays.

[LemonAndFries]

holy *bleep* dev, what are you guys building in your secret lair?

this project is making my head spin, its complex

[skycoin]

How about the IPO date? So many delays.

I am waiting for Bitcoin to hit $200.

[Djinou94]

How about the IPO date? So many delays.

I am waiting for Bitcoin to hit $200.

 

[Tobo]

I am waiting for Bitcoin to hit $200.

[jayson3]

I am running skycoind headless on one machine, but I would like to access the web interface from another machine on the same local network.  Is there a way to enable web access from an address other than the localhost?
Thanks

[old fart]

How about the IPO date? So many delays.

I am waiting for Bitcoin to hit $200.

So no fixed date then?

[wktian]

How about the IPO date? So many delays.

I am waiting for Bitcoin to hit $200.

what do you really need? skycoin? Bitcoin? USD?

[skycoin]

How about the IPO date? So many delays.

I am waiting for Bitcoin to hit $200.

So no fixed date then?

A joke. The wallet format is being refactored. The attributes are hardcoded and are going into a JSON map, so that they can be modified without breaking old wallets. There is also a change to the private key format. Cipher is being upgraded to generate deterministic bitcoin addresses and private keys for the IPO bot. This means the Skycoin wallet will be able to store, check balances and send Bitcoin with minimum modification. We are adding private key export in a base58 format compatible with Bitcoind.

This is experimental, so dont rely on it for large balances right now.

IPO help

Can someone run the skycoin daemon with the web-interface enabled and check if you can connect to it from an IP that is not local host? If IPs outside of local host can access the webserver, they can grab your private keys and spend coins in your wallet. We want to be 100% sure its rejecting connections outside of local host.

Update. XTC Tested.Deterministic wallet working now. The wallet is firewalled correctly.

[Momimaus]

The problem with the 98% in devs hand is simply TRUST. That´s the reason we don´t like Ripple and Bitshares.
If you are real and have the beautiful mind you propose everything is ok, but how should we trust you.

You wrote the problem with Ripple, etc. there are huge accounts htat can dump anytime. In this case that´s the same, it´s you.

Maybe you can find a solution to proof to everyone your good intention. But I don´t see a way how to do this. I hope you do.


So in reality how does this work?

You sell 2%, get the money and use it for development.
Then you take some % for bounties.

And how are the 40-50% distributed over time?
You sell it in different IPO´s? Or you give them as interest to the stakeholders?

If a: different IPO´s:  For what price? The original price, the actual price, some price between?
That´s all kind if heavy manipulation. cause you bring the price down with every IPO. I am in for longterm, so that wouldn´t be a problem for me, but there will be speculators, and they will buy IPO´s and sell before IPO´s. So they will have plenty of opportunitys to grab the money from new people coming in.

So it looks kind of flawed to me, even cause I believe in your good intentions and your knowledge.

?

[delulo]

The problem with the 98% in devs hand is simply TRUST. That´s the reason we don´t like Ripple and Bitshares.
If you are real and have the beautiful mind you propose everything is ok, but how should we trust you.

You wrote the problem with Ripple, etc. there are huge accounts htat can dump anytime. In this case that´s the same, it´s you.

Maybe you can find a solution to proof to everyone your good intention. But I don´t see a way how to do this. I hope you do.


So in reality how does this work?

You sell 2%, get the money and use it for development.
Then you take some % for bounties.

And how are the 40-50% distributed over time?
You sell it in different IPO´s? Or you give them as interest to the stakeholders?

If a: different IPO´s:  For what price? The original price, the actual price, some price between?
That´s all kind if heavy manipulation. cause you bring the price down with every IPO. I am in for longterm, so that wouldn´t be a problem for me, but there will be speculators, and they will buy IPO´s and sell before IPO´s. So they will have plenty of opportunitys to grab the money from new people coming in.

So it looks kind of flawed to me, even cause I believe in your good intentions and your knowledge.

How do you come to the conclusion that most of the BitShares are in the hand of developers. Maybe 10% are... There was a fundraiser that was open to everybody and core developers donated to it on the same basis as everyone else (very unlike ripple)...

[oddwh]

@Skycoin, what about using BTC to IPO rather than fiat, say you want to raise 40000 BTC,  the current BTC price is TOO low.

The fun fact is more he's waiting a drop in BTC price, less it will be interesting for us. Another not fair point  

He wants to get 1000 BTC (that's 2m coins at 10 cents ~200k$ market cap -> 1000 BTC) from this first ipo, but I don't see who would like to invest this much in an IPO of this kind.

but he said it was a joke right ?

[Bitseed]

I am running skycoind headless on one machine, but I would like to access the web interface from another machine on the same local network.  Is there a way to enable web access from an address other than the localhost?
Thanks

Yes, this is very important so we can have an ARM based always-on coinbox running on the local network so Skycoin doesn't need to be running on a desktop or cloud server. This will be especially needed to run the box as a wireless mesh networking node.

[gagalady]

Does this coin has website ?