September 7th - 10pm GMT

[oroqen]

this thread is full of win

[Kinmasa Hota Soto]

Mind explaining first what this coin offers? You came back at a period in which altcoins flourish and die within a week. From what I read your coin is different from BTC in that it isn't a fork, is that correct?

What does this coin offer?

It is a fork, but not a blatant copy. The deep core is the same: there's a blockchain, a genesis block, blocks and transactions are close to the ones in Bitcoin.
On the other hand GUI is totally different, useful opcodes are added, big scale forks are impossible, asics and fgpa can't mine, addresses are 100% auto-correctable up to 3 characters, deterministic wallets are standard, an ingenious system that allows you to recover a wallet from different things (using procedural memory, I can't be more precise as it's not enough tested for now but if the results keep being that good that'll be something huge), meaningful text is forbidden in the blockchain, and others
If you have more questions about specific things please ask

[thesnoo23]

Mind explaining first what this coin offers? You came back at a period in which altcoins flourish and die within a week. From what I read your coin is different from BTC in that it isn't a fork, is that correct?

What does this coin offer?

It is a fork, but not a blatant copy. The deep core is the same: there's a blockchain, a genesis block, blocks and transactions are close to the ones in Bitcoin.
On the other hand GUI is totally different, useful opcodes are added, big scale forks are impossible, asics and fgpa can't mine, addresses are 100% auto-correctable up to 3 characters, deterministic wallets are standard, an ingenious system that allows you to recover a wallet from different things (using procedural memory, I can't be more precise as it's not enough tested for now but if the results keep being that good that'll be something huge), meaningful text is forbidden in the blockchain, and others
If you have more questions about specific things please ask

Did you have any proposed numbers for total number of coins, coins per block, and hashing algorithm?(I'm assuming sha since it's a fork of the old bitcoin code, but I'm comfortable with being wrong, especially given the Asics out there and how hard they are to get in any sort of reasonable amount of time)

[Kinmasa Hota Soto]

Mind explaining first what this coin offers? You came back at a period in which altcoins flourish and die within a week. From what I read your coin is different from BTC in that it isn't a fork, is that correct?

What does this coin offer?

It is a fork, but not a blatant copy. The deep core is the same: there's a blockchain, a genesis block, blocks and transactions are close to the ones in Bitcoin.
On the other hand GUI is totally different, useful opcodes are added, big scale forks are impossible, asics and fgpa can't mine, addresses are 100% auto-correctable up to 3 characters, deterministic wallets are standard, an ingenious system that allows you to recover a wallet from different things (using procedural memory, I can't be more precise as it's not enough tested for now but if the results keep being that good that'll be something huge), meaningful text is forbidden in the blockchain, and others
If you have more questions about specific things please ask

Did you have any proposed numbers for total number of coins, coins per block, and hashing algorithm?(I'm assuming sha since it's a fork of the old bitcoin code, but I'm comfortable with being wrong, especially given the Asics out there and how hard they are to get in any sort of reasonable amount of time)

Nothing decided yet.
We are indeed testing with old Bitcoin values but we will definitely modify that. Hashing algorithm being the first.

We would like to have some opinions on these subjects.

[Walt Sobchak]

Kinmasa Hota Soto

Anagram of Satoshi Nakamoto lulz

[Kinmasa Hota Soto]

I was so happy that I wanted to share the info with the forum but I'm a bit disappointed that nobody seem interested at all.

Ok here's the thing. My local library might be interested in a ditto of our coin. The plan would be to use it with several local shops and that would be " kind of " backed by the mayor as it wants to make the place more touristic. Well I have nearly 0 additional info because that's pretty sensible to allow a town-wide new currency according to them. Looks like they asked an economic pro to study this project. I fear his highly possible refutation of it being any useful/ok to use.
Anyways, that won't affect the our real coin as it would only be a copy of it. Ok it may affect the release date.

Back to our business : once again, do you any special need you want one coin to solve?

edit
Bad news about the mental wallet recovery, it seems it's not really reliable. We're still working on it and will contact more specialists though because we think it's a damn good feature

[juve4v]

-BUSTED-\

[zenrog]

June 7th - 9am UTC 2028

Are you READY?

[Kinmasa Hota Soto]

Why all the hate?
Can't you support your favorite coin and help a new innovative coin at the same time?

[bnogal]

Option to set a vote to a transaction, the vote can be changed anytime allowing a reputation system. (you can discover the cheat days, months, later, or just change your opinion (he can changes too))

If you cheat a bit to many, you will have a horrible reputation.
If you dont cheat, your reputation should keep positive.

Vote can be only positive-negative. And the calculation is proportional to the fee paid. So cheating is having a cost.

Reputation can be explored.


I am a Qt developer, so if you like and need free dev time, i can offer a bit (if you use boost at the same time of using Qt, then i can not help, i hate boost)

[Kinmasa Hota Soto]

Option to set a vote to a transaction, the vote can be changed anytime allowing a reputation system. (you can discover the cheat days, months, later, or just change your opinion (he can changes too))

If you cheat a bit to many, you will have a horrible reputation.
If you dont cheat, your reputation should keep positive.

Vote can be only positive-negative. And the calculation is proportional to the fee paid. So cheating is having a cost.

Reputation can be explored.


I am a Qt developer, so if you like and need free dev time, i can offer a bit (if you use boost at the same time of using Qt, then i can not help, i hate boost)

That's really an interesting idea IMO
I would like some precisions about what you have in mind:
* What do you call cheating? Something precisely and officially chosen by the devs (like being a scammer, or being a bad person, or spamming the blockchain for example), or anything that the user chooses?
* We can't give one reputation point per address for obvious reasons. How should we balance things? 10^-8 coin = 1 vote and sum everything? Creating 'trust' coins (bad idea I think)?

Thank you very much for your offer. We are indeed using lot of boost, and the gui part seems to be quite alright. I'll contact you if something goes bad though.

[bnogal]

I saw the PM


Well, my idea is that in the moment you make a transaction, you can give a vote, positive or negative (positive default)
Who receive the transaction should be able to vote too, making a "trust connection"
This vote will be stored related to transaction, and should be possible to change later (this is the hard thing in dev time), the value of the vote is the fee paid (i would change fees to work in %)

I call cheating not just in economical way, in moral and ethical. If the company/person X with the one i am dealing starts to do things i dont like, i can change my vote of all my transactions i did with him, he can do the same with me. But, if in general i am a nice person, my punctuation should keep positive. In the other hand, if more people thinks like me, and they change his vote to this company/person X, X will have a horrible reputation.

The reputation can be explored, and you can locally count the reputation of 2º order transactions.

I will add to the negative votes, the option to add a very small text so people can link or explain why (and some way so people can choose the text of others linking reasons, being able to make statistics)



Imagine what nice would be to check our politicians/bankers reputation, or that "friend" is never returning the dvds, others can know about it

It is not thought so everybody can be bastard with others, it is thought so people can check what they are doing wrong, and what they can do to solve it, making the money having an extra value. You can be born with lot of dirty money, but as everybody can explore the transactions and check the reputation from where it is coming from, you should work on having a nice reputation.


It is giving the power to the mass over the ones laughing at us.


(One of the most famous politicians in my country that stole millions of euros and is not scare cause he knows politicians are controlling the legal system) Make deals with them and maybe after someone doesnt wanna fix your car, the pipes, etc... we will know from what dirty place money is coming.



I hate boost, but if you like my idea and you start to develop, i would like to be part on it, even if i need to download boost and i cant use my QObjects.

[Kinmasa Hota Soto]

I like the idea
I'll think about that and post a little paragraph soon about how I see it and we can discuss it

[bnogal]

i keep waiting.

I dont know, i guess it is possible to develop using the merge mining system as namecoin is using.
- Each account own an amount of votes (last valid ones) positive  + negative
- The amount to transfer is fix to the amount of fees paid in transactions between 2 accounts until then, when a new "revote"(transfer) is done, it is using the merge mining system. As each client is only counting the last applied votes, it is "updating" the value (Past votes will remain forever in the chain)
 - To avoid abuse of revoting system, you need to pay a small fee in coins(from the normal chain) . This fee is fix in amount, not %. Voting is having a cost in space.


To make everything look nice, it could be easy to draw a pie chart showing the main reasons for negative votes.

[digitalindustry]

I'm reading this right, it's 2 years later???

its like a  good wine now - or maybe a dog turd , that went white in the front garden ?

lets mine !

[digitalindustry]

Mind explaining first what this coin offers? You came back at a period in which altcoins flourish and die within a week. From what I read your coin is different from BTC in that it isn't a fork, is that correct?

What does this coin offer?

It is a fork, but not a blatant copy. The deep core is the same: there's a blockchain, a genesis block, blocks and transactions are close to the ones in Bitcoin.
On the other hand GUI is totally different, useful opcodes are added, big scale forks are impossible, asics and fgpa can't mine, addresses are 100% auto-correctable up to 3 characters, deterministic wallets are standard, an ingenious system that allows you to recover a wallet from different things (using procedural memory, I can't be more precise as it's not enough tested for now but if the results keep being that good that'll be something huge), meaningful text is forbidden in the blockchain, and others
If you have more questions about specific things please ask

see you in 2015 !

[digitalindustry]

i keep waiting.

I dont know, i guess it is possible to develop using the merge mining system as namecoin is using.
- Each account own an amount of votes (last valid ones) positive  + negative
- The amount to transfer is fix to the amount of fees paid in transactions between 2 accounts until then, when a new "revote"(transfer) is done, it is using the merge mining system. As each client is only counting the last applied votes, it is "updating" the value (Past votes will remain forever in the chain)
 - To avoid abuse of revoting system, you need to pay a small fee in coins(from the normal chain) . This fee is fix in amount, not %. Voting is having a cost in space.


To make everything look nice, it could be easy to draw a pie chart showing the main reasons for negative votes.

something like that is going to take time - I'd push back the release date !

[Kinmasa Hota Soto]

Problems are:
We don't want this to need paying fees.
Lightweight clients won't be able to use it.
Specifically about a merge mining like system ; it's too heavy.


Actually we planned not to put it in the protocol but in the client instead. This way it's easy to implement it so testing will begin soon.
That's damaging IMHO but the team can't reach a consensus on this. That may be considered later. Note that we will make the 1.0 protocol so that the future trust system wouldn't require a hard fork though.
Thanks once again for your idea, bnogal.


We will soon freeze the guidelines for 1.0. If someone has some wishes he or she wants to share, please hurry. We are really open, everything will be discussed as necessary.

[Kinmasa Hota Soto]

I just received a PM asking me to name the unit coin 'DNF'.
Sorry but this will not likely be discussed

[bnogal]

I am still here around... if you need any help in the development. I would love to be part.

As you didnt answer (and i stopped using this forum after a while) i started to develop it by my own. So i started with a simple version (Qt+QML), from zero, trying to make it as clear as possible and portable to android and iphone.
But i am still implementing solutions to bypass p2p problems, unfortunately my last war is with the mutilevel NAT on mobile devices and i dont find any solution except using nodes between....



Lightweight clients can request to multiple other clients for the data needed.
Fees are necessary... or we will have reputations attacks.