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Author Topic: [SKY] Skycoin Launch Announcement  (Read 381231 times)
damei
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April 26, 2014, 06:21:27 AM
 #821

Development Update: Skywire

Everything was working in January; launch has been delayed because of refactoring. We are exhausted because of coding coin. Everyone wants to get coin over with and get meshnet working. We can get a lot of press on reddit by delivering the meshnet. People are rioting because of Comcast/net neutrality right now.

Everyone is ready to deploy nodes in their city, setup local meetings, develop hardware and coordinate deployment across North America. The software is not ready however. We are realizing that this matters 100x more than the consensus stuff right now. If consensus and security takes a year, its fine.

We should get coin minimally working, do the IPO, release the meshnet software and then hype the fuck out of it everywhere. The success of the Maidsafe IPO before they have even demonstrated the technical feasibility of their coin is another factor that has changed our perspective. Even if Skycoin has several long term goals for the coin in terms of security and usability, we should focus on what will have the greatest impact and create the most value right now.

On Reddit, people want Jesus. They want Google to come in and save them with Google Fiber. Google is not going to save them. Google is only rolling out enough fiber that they can threaten Comcast if they start throttling Youtube and demanding money. Reddit want salvation and want to feel that there is something they can do to fight Comcast. Skycoin/Skywire is the salvation they want and something people can do now. We need to get the software working.

We need to bridge the last mile between the home and the fiber backbone.

This means,
- we should put the main blockchain in a personal blockchain
- Launch the mainchain now, so people can send and receive. Get IPO over with
- Move the wallet Javascript developers onto the Mesh network map for coordinating node deployment
- Get mesh working in a few days.  
- Release white paper and put one guy on consensus
- Cut whatever corners are needed until mesh is running
- Deemphasize Skycoin's security and other things. Focus on the Darknet Plan message.

Skycoin is now in Alpha. We are launching immediately. We will be pushing breaking changes frequently until beta. If we have to do resets, balances will not change and the total number of coins will not change. Any reasonable change except those two is fair game until beta. We will be breaking network protocol compatibility every week. We will try to put in alert system so people know to install updates.

Skycoin must safer than safecoin.Because each generation will do better than the last.

If not ,skycoin will be  challenged.

Safety is the most important.

Skycoin is money?or other thing.
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April 26, 2014, 12:32:40 PM
 #822

Is there an alpha client available to download?
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April 26, 2014, 01:29:41 PM
 #823

Development Update: Skywire

Everything was working in January; launch has been delayed because of refactoring. We are exhausted because of coding coin. Everyone wants to get coin over with and get meshnet working. We can get a lot of press on reddit by delivering the meshnet. People are rioting because of Comcast/net neutrality right now.

Everyone is ready to deploy nodes in their city, setup local meetings, develop hardware and coordinate deployment across North America. The software is not ready however. We are realizing that this matters 100x more than the consensus stuff right now. If consensus and security takes a year, its fine.

We should get coin minimally working, do the IPO, release the meshnet software and then hype the fuck out of it everywhere. The success of the Maidsafe IPO before they have even demonstrated the technical feasibility of their coin is another factor that has changed our perspective. Even if Skycoin has several long term goals for the coin in terms of security and usability, we should focus on what will have the greatest impact and create the most value right now.

On Reddit, people want Jesus. They want Google to come in and save them with Google Fiber. Google is not going to save them. Google is only rolling out enough fiber that they can threaten Comcast if they start throttling Youtube and demanding money. Reddit want salvation and want to feel that there is something they can do to fight Comcast. Skycoin/Skywire is the salvation they want and something people can do now. We need to get the software working.

We need to bridge the last mile between the home and the fiber backbone.

This means,
- we should put the main blockchain in a personal blockchain
- Launch the mainchain now, so people can send and receive. Get IPO over with
- Move the wallet Javascript developers onto the Mesh network map for coordinating node deployment
- Get mesh working in a few days.  
- Release white paper and put one guy on consensus
- Cut whatever corners are needed until mesh is running
- Deemphasize Skycoin's security and other things. Focus on the Darknet Plan message.

Skycoin is now in Alpha. We are launching immediately. We will be pushing breaking changes frequently until beta. If we have to do resets, balances will not change and the total number of coins will not change. Any reasonable change except those two is fair game until beta. We will be breaking network protocol compatibility every week. We will try to put in alert system so people know to install updates.

A better strategy would follow the same strategy of safecoin.  Create first a proxy coin and then translate the proxy coin to the real coin when the new network has reached a level of stability.

I for one would be wary about owning a coin on a network that is still undergoing changes.

The alternative of course is to just wait until you are ready.

Or take the NEX approach of receiving pledges but not transferring coin until we're ready.

 
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skycoin
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April 26, 2014, 06:20:34 PM
 #824

Development Update: Skywire

Everything was working in January; launch has been delayed because of refactoring. We are exhausted because of coding coin. Everyone wants to get coin over with and get meshnet working. We can get a lot of press on reddit by delivering the meshnet. People are rioting because of Comcast/net neutrality right now.

Everyone is ready to deploy nodes in their city, setup local meetings, develop hardware and coordinate deployment across North America. The software is not ready however. We are realizing that this matters 100x more than the consensus stuff right now. If consensus and security takes a year, its fine.

We should get coin minimally working, do the IPO, release the meshnet software and then hype the fuck out of it everywhere. The success of the Maidsafe IPO before they have even demonstrated the technical feasibility of their coin is another factor that has changed our perspective. Even if Skycoin has several long term goals for the coin in terms of security and usability, we should focus on what will have the greatest impact and create the most value right now.

On Reddit, people want Jesus. They want Google to come in and save them with Google Fiber. Google is not going to save them. Google is only rolling out enough fiber that they can threaten Comcast if they start throttling Youtube and demanding money. Reddit want salvation and want to feel that there is something they can do to fight Comcast. Skycoin/Skywire is the salvation they want and something people can do now. We need to get the software working.

We need to bridge the last mile between the home and the fiber backbone.

This means,
- we should put the main blockchain in a personal blockchain
- Launch the mainchain now, so people can send and receive. Get IPO over with
- Move the wallet Javascript developers onto the Mesh network map for coordinating node deployment
- Get mesh working in a few days.  
- Release white paper and put one guy on consensus
- Cut whatever corners are needed until mesh is running
- Deemphasize Skycoin's security and other things. Focus on the Darknet Plan message.

Skycoin is now in Alpha. We are launching immediately. We will be pushing breaking changes frequently until beta. If we have to do resets, balances will not change and the total number of coins will not change. Any reasonable change except those two is fair game until beta. We will be breaking network protocol compatibility every week. We will try to put in alert system so people know to install updates.

A better strategy would follow the same strategy of safecoin.  Create first a proxy coin and then translate the proxy coin to the real coin when the new network has reached a level of stability.

I for one would be wary about owning a coin on a network that is still undergoing changes.

The alternative of course is to just wait until you are ready.

Or take the NEX approach of receiving pledges but not transferring coin until we're ready.

The blockchain security is solid. No one can spend your coins without your private keys. We can guarantee that.

Our cryptographic security is higher than Bitcoin's. Ethereum is using the same cryptographic library and we have tested everything to death.

We are using golang so there are no buffer overflow attacks or way that remote party can take over the client and steal your wallet. The worse than can do is crash the client, but cannot loot the wallet remotely. Bitcoin is using C++ and OpenSSL and was affected by the HeartBleed bug. It was possible to buffer overflow Bitcoin through the OpenSSL library and possibly steal wallets through the merchant protocol.

Skycoin was implemented with almost no dependencies. There are no 3rd party libraries in Skycoin that can be exploited. The only 3rd party library we are using is for encryption and we fuzzed the library for days and put in strict constraints on the data allowed to pass into the library. The program is designed to crash, rather than accept the invalid input that could lead to leaking the private keys. Even if attacked, we do not know of any way that the client can be used to exfiltrate the wallet or private keys over the network.

On the client side, the security is already at level where it cannot be improved without moving the private keys to a dedicated hardware device.

The breaking changes we plan on making are related to networking. We have to make changes to the connection pool library and peer discovery protocol. The transaction related parts of the coinbase are finished and in a frozen state.

There might be an advantage to saying that this is a test network and the coins are tokens which will convert into a future coin when its ready rather than saying its "alpha". The blockchain is done and we are not making any large changes. The existing blockchain will just roll over, so its technically incorrect to call it a separate coin or a coin placeholder. However, it might be better to say that for the purposes of communicating what people are buying.

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April 27, 2014, 04:25:42 AM
 #825

Giving out "tokens" is another good suggestion.

"tokens" is a  good idea ,but this is expensiver than safecoin.

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April 27, 2014, 04:51:34 AM
 #826

when ipo start? Smiley
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April 27, 2014, 05:53:21 AM
Last edit: May 01, 2014, 07:28:57 AM by michael8888
 #827

Giving out "tokens" is another good suggestion.

"tokens" is a  good idea ,but this is expensiver than safecoin.



It is impossible to content everybody.

"Security is the top priority"--just like you said.

 "tokens" will  enjoy widespread adoption in the enterprise.

Simple and effective is golang style.

I like golang and skycoin ' s style :

Skycoin Philosophy:
- complex systems cannot be secure
- simplicity over complexity
- decentralized but pragmatic
- emphasis on usability

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April 28, 2014, 08:16:32 AM
 #828

Attention to this project for a long time, looks like finally to open formal test,very good

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April 28, 2014, 04:17:24 PM
 #829

will look forward to this.

ZcCoin Donation: ZVX7namJi8CinMQbFruzHA27eW53qTznXW
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April 28, 2014, 04:27:46 PM
Last edit: April 28, 2014, 05:39:45 PM by skycoin
 #830

Update: White Paper is Out

First Draft of Skycoin Distributed Consensus Whitepaper is on Github

https://github.com/skycoin/whitepapers

I need feedback. I feel like it should be trimmed down a bit.


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April 28, 2014, 10:20:50 PM
 #831

Update: White Paper is Out

First Draft of Skycoin Distributed Consensus Whitepaper is on Github

https://github.com/skycoin/whitepapers

I need feedback. I feel like it should be trimmed down a bit.



Wow.... that's a long paper.  You probably need some graphics to explain better.  Anyway,  I'll make an honest attempt at understanding it.

 
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April 29, 2014, 06:44:26 AM
 #832

Update: White Paper is Out

First Draft of Skycoin Distributed Consensus Whitepaper is on Github

https://github.com/skycoin/whitepapers

I need feedback. I feel like it should be trimmed down a bit.



nice need some graph>
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April 29, 2014, 10:26:11 PM
 #833

When will the ipo start?
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April 30, 2014, 04:17:56 AM
 #834

Was waiting for the white paper to come out.  It looks well thought out.  I am interested to see how it works!

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May 01, 2014, 04:35:13 AM
 #835

Development Update:

We are doing a lot of writing and documentation right now. The white paper is being split up into three white papers. We are going to have a more general document on problems with Bitcoin and Skycoin's long term approach to each problem. We want to emphasize the design differences and choices Skycoin makes.

Documentation is becoming more important. New users cannot read the whole thread and need a compressed and organized overview of the project. This document will also help developers who are working on Skycoin infrastructure and create a road-map for the backend

IPO:

Documentation is taking all the time. Documentation is the first thing everyone will read and it has been something we have ignored until now. We are paying our debts.

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May 01, 2014, 05:54:24 AM
 #836

Development Update:

We are doing a lot of writing and documentation right now. The white paper is being split up into three white papers. We are going to have a more general document on problems with Bitcoin and Skycoin's long term approach to each problem. We want to emphasize the design differences and choices Skycoin makes.

Documentation is becoming more important. New users cannot read the whole thread and need a compressed and organized overview of the project. This document will also help developers who are working on Skycoin infrastructure and create a road-map for the backend

IPO:

Documentation is taking all the time. Documentation is the first thing everyone will read and it has been something we have ignored until now. We are paying our debts.

I am looking forward to seeing your success
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May 01, 2014, 09:26:15 AM
 #837

Hello
I am very interested in skycoin.
I have been concerned about the forum.
skycoin the IPO when to start. I'm looking forward to.
Best wishes

WavesBank:www.wavesbank.com

 
 
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May 01, 2014, 10:53:00 AM
 #838

The long white paper was split into three white papers, there are about five white papers total we have to write. Its exhausting.


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May 01, 2014, 01:36:36 PM
 #839

Update: White Paper is Out

First Draft of Skycoin Distributed Consensus Whitepaper is on Github

https://github.com/skycoin/whitepapers

I need feedback. I feel like it should be trimmed down a bit.



nice need some graph>

I want to point out that the stuff about Mt.Gox being a victim of maleability attacks is complete bogus.  You probably want to strike that out of your text.   

 
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May 02, 2014, 01:53:43 PM
 #840

dev can you give a roughly time when ipo start?

thanks
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