BitThink
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 Offline
Activity: 882
Merit: 1000
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June 03, 2014, 04:58:46 AM |
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I'm trying to understand the donut graph on page 11 of the swarm booklet labelled fundraiser but it doesn't seem to tally up.
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As far as I can see the booklet shows Swarm’s crowdfunding will close on July 20th with a target of 22,500 Bitcoins.
Hopefully this explains it: Swarm reserves -> 8,000,000 SWARM (4,000,000 for founders, 4,000,000 for bounties) Indication of Interest -> 500 Bitcoin -> 4,000,000 SWARM Open Phase 1 -> 4,000 Bitcoin -> 20,000,000 SWARM Open Phase 2 -> 17,000 Bitcoin -> 68,000,000 SWARM Total coins issued is 100,000,000. Target is 4,000 Bitcoin raise in the first open phase. After we will accept Bitcoins up until a 21,500 Bitcoin cap. Happy to answer any additional questions. How to indicate interest? Is it a kind of private sale before Open Phase 1? Anyone can join this private sale? Thanks. |
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Matt Y
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June 03, 2014, 05:39:29 AM |
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what's the status of XCP now
We're doing quite well, thanks.  |
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fractastical
Sr. Member
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Activity: 309
Merit: 250
Swarm
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June 03, 2014, 06:20:08 AM |
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you are only reserving 4% for the founders and developers? are you sure that's going to be imenough incentives?
No, I don't think it is enough incentive, at least for me. That said, I dislike large pre-mines. I think it's better to have equity in a known legal entity that is distinct from the crowd-offering that can also appreciate in value. |
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fractastical
Sr. Member
Offline
Activity: 309
Merit: 250
Swarm
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June 03, 2014, 06:58:57 AM |
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How to indicate interest? Is it a kind of private sale before Open Phase 1? Anyone can join this private sale? Thanks.
That's basically correct. We are allowing early access to folks who have been around for awhile and contributed to Counterparty in some way. Matt Y has specific information on how to participate. You can contact him for details. |
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mr smith
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June 03, 2014, 08:52:51 AM
Last edit: June 03, 2014, 09:07:51 AM by mr smith |
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Dudes I would like to see NEM tokens used on your platform. If any of you have NEM stakes you can ask UP, 50 / 100 requests are needed. You can pop over and inform nemsters how to use Counterparty and the + sides / security ect. There are lots of newbies that would need instructions about using assets, downloading the wallet ect How to do things in general Thanks  |
New Economy Movement
Philosophy of Solidarity and Egalitarianism
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ShroomsKit_Disgrace
Legendary
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Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
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June 03, 2014, 10:35:41 AM |
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Dudes I would like to see NEM tokens used on your platform. If any of you have NEM stakes you can ask UP, 50 / 100 requests are needed. You can pop over and inform nemsters how to use Counterparty and the + sides / security ect. There are lots of newbies that would need instructions about using assets, downloading the wallet ect How to do things in general Thanks Why? You've them already traded at NXT AE And, AFAIK, the performance of such platform when dealing with this is nearly perfect. |
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ejinte
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June 03, 2014, 12:01:47 PM |
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Is any data stored on your servers or is it like blockchain.info?
No private data at all is stored on the Counterwallet servers. Except Your 12-word passphrase can be used to access your Counterwallet account and easily send funds to anyone, anywhere, if not secured properly. Secure your passphrase please. EDIT: Corrected to encouraging everyone to secure your passphrase. Phantom is correct. All crypto and security takes place in the browser not on the server. So how come the wallet could get hacked and money stolen?? If there is no private keys on the server? Please tell me this!! |
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Anotheranonlol
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June 03, 2014, 02:04:17 PM |
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Is any data stored on your servers or is it like blockchain.info?
No private data at all is stored on the Counterwallet servers. Except Your 12-word passphrase can be used to access your Counterwallet account and easily send funds to anyone, anywhere, if not secured properly. Secure your passphrase please. EDIT: Corrected to encouraging everyone to secure your passphrase. Phantom is correct. All crypto and security takes place in the browser not on the server. So how come the wallet could get hacked and money stolen?? If there is no private keys on the server? Please tell me this!! Counterwallet uses deterministic seed just like electrum, it doesn't store your password on the server in any way. So the only way you would have a chance to lose money is if your personal machine was compromised or you handed that info over to someone. |
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Anotheranonlol
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June 03, 2014, 03:41:01 PM |
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Please correct me if there is a single file download to run counterparty, i.e. the wallet software.
There isn't. But as I understand developers could package node-webkit version of counterwallet quite trivially. Such a build could come from anyone really but coming from main counterparty team would be best. I think it would be a positive thing in relation to the time it would take. People can have a strong interest to a native app on their desktop- especially electrum like lightweight clients. more than visiting website, it can feel more secure or local to them (even if the app is essentially browser window in a form) Counterparty can then market a lightweight win/osx/linux wallet being available. Yes, this what is plan. First step is to make a Chrome App, this will be the lightweight client. Because in fact lightweight wallet and web wallet are same thing (the only difference is the UI hosted on server or locally). After that for heavy wallet we have a bunch of work on Counterblockd to make it installable on every computer (the ideal is to have no more dependencies than counterpartyd). The urgency for now I think it's to have an heavy wallet. For that I really need to find time to work on BoottleXCP. I need one or two days to update it. I hope this week-end if I finish "My bets" pages before. After that I need also 3 or 4 days to make BoottleXCP light with pyrpcwallet. But is less urgent because for light wallet there is CW. Is there any update here? I think a node-webkit build of CounterWallet like CarbonWallet would be attractive to some users (plus you can market as having native win/osx/linux lightweight wallets). I tried to build myself unsuccessfully, but I think for someone who has knowledge of the project it should be easy right? |
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ejinte
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June 03, 2014, 04:15:44 PM |
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Is any data stored on your servers or is it like blockchain.info?
No private data at all is stored on the Counterwallet servers. Except Your 12-word passphrase can be used to access your Counterwallet account and easily send funds to anyone, anywhere, if not secured properly. Secure your passphrase please. EDIT: Corrected to encouraging everyone to secure your passphrase. Phantom is correct. All crypto and security takes place in the browser not on the server. So how come the wallet could get hacked and money stolen?? If there is no private keys on the server? Please tell me this!! Counterwallet uses deterministic seed just like electrum, it doesn't store your password on the server in any way. So the only way you would have a chance to lose money is if your personal machine was compromised or you handed that info over to someone. Please correct me if I'm wrong, but didn't Counterwallet get hacked and a few bitcoins got stolen? How this could happen is what I wounder, since you say it's not possible. |
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Anotheranonlol
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June 03, 2014, 04:25:49 PM |
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Please correct me if I'm wrong, but didn't Counterwallet get hacked and a few bitcoins got stolen?
How this could happen is what I wounder, since you say it's not possible.
There was a bug in bitcoinjs library: https://bitcointalk.org/index.php?topic=581411.0 which could be exploited under limited scenarios Very similar to hacks which had happened on Android wallets this issue had been resolved a while back. Developers had refunded the marginal losses out of their own pockets. (and whoever exploited the bug had returned the BTC after) |
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td services
Sr. Member
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Activity: 448
Merit: 250
black swan hunter
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June 03, 2014, 04:49:23 PM |
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Please correct me if there is a single file download to run counterparty, i.e. the wallet software.
There isn't. But as I understand developers could package node-webkit version of counterwallet quite trivially. Such a build could come from anyone really but coming from main counterparty team would be best. I think it would be a positive thing in relation to the time it would take. People can have a strong interest to a native app on their desktop- especially electrum like lightweight clients. more than visiting website, it can feel more secure or local to them (even if the app is essentially browser window in a form) Counterparty can then market a lightweight win/osx/linux wallet being available. Yes, this what is plan. First step is to make a Chrome App, this will be the lightweight client. Because in fact lightweight wallet and web wallet are same thing (the only difference is the UI hosted on server or locally). After that for heavy wallet we have a bunch of work on Counterblockd to make it installable on every computer (the ideal is to have no more dependencies than counterpartyd). The urgency for now I think it's to have an heavy wallet. For that I really need to find time to work on BoottleXCP. I need one or two days to update it. I hope this week-end if I finish "My bets" pages before. After that I need also 3 or 4 days to make BoottleXCP light with pyrpcwallet. But is less urgent because for light wallet there is CW. Is there any update here? I think a node-webkit build of CounterWallet like CarbonWallet would be attractive to some users (plus you can market as having native win/osx/linux lightweight wallets). I tried to build myself unsuccessfully, but I think for someone who has knowledge of the project it should be easy right? This would be good. A group of us are developing a dual or quad core ARM based secure coinbox with key switch or USB key to enable spends and configuration. It runs Bitcoin and PoS coins for always-on operation and is accessible over the user's LAN. We just got a nice little quad core ARM board with 8 GB eMMC, SD slot and 1 Gb DDR2 to run Ubuntu. We have some coins running on R-Pi, to port over to the quad core board when ready. R-Pi maxes out with a single coin. |
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BldSwtTrs
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Activity: 861
Merit: 1010
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June 03, 2014, 06:17:09 PM |
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the market cap of Counterparty is close to the Mastercoin one, only 100,00$ behind. We are on the verge of a historical moment!
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Matt Y
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June 03, 2014, 09:06:43 PM |
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Currently not, however, it's a good idea and I assume the guys will add this to the site as time and resources allow. |
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xnova
Sr. Member
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Activity: 390
Merit: 254
Counterparty Developer
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June 04, 2014, 02:45:52 PM |
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Tatianacoin LaunchedI'd like to announce the launch of Tatianacoin on Counterparty and Coinpowers.com. I'm sure many of you guys have heard of it via Let's Talk Bitcoin. This is a big moment as it marks the launch of the first artist coin on the platform, and both Tatiana and Coinpowers have some great plans for this area in the future. For more information, please see our blog post: https://www.counterparty.co/tatiana-coin-launched-via-coin-powers-and-counterparty/Also see Adam Levine's interview with Tatiana here: https://www.youtube.com/watch?v=27soRPs4M2Y
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