[LAUNCH][RDSH] RadioShares: Dividend Paying Common Stock via crypto-currency

[jacknb1ack]

almost 2hr and stuck at block 188 ... is that normal ?

everything work at first, even got 2 x 740 from wallet mining .. and then it stopped on block 188 ...  should i stop mining and wait till it fixed ? or continuing is okay too ?

[alatvian]

almost 2hr and stuck at block 188 ... is that normal ?

everything work at first, even got 2 x 740 from wallet mining .. and then it stopped on block 188 ...  should i stop mining and wait till it fixed ? or continuing is okay too ?

I'm getting a lot of connections from clients running the main protoshares nodes.  This is causing a metric f-ton of orphan blocks on the RadioShares network.  I thought I had put code in there to prevent this, but it is not working as intended.  The networks are mixing and that is causing a lot of DoS-style action on the main block chain.

My client is at block 194.  Running radioshares getpeerinfo will list the connections.  Those at a block height of > 40000 are on the main PTS chain and aren't useful for RadioShares.  I wish there was a way to just ban them until I can get a fix in the code, but I haven't found one yet. 

[dE_logics]

Block Time: 30 minutes

I'll gladly call this slugshares.

[alatvian]

I've updated the code to hopefully prevent a lot of the normal PTS nodes from connecting.  Please download and build the code from  https://github.com/ddombrowsky/radioshares.git.   It should report client version 0.8.6.1, and have tag RDSH-1. 

This is a temporary fix, since it only checks a minimum protocol version.  I still need to get a version string in there to ensure that it's a node that is supposed to be on the RDSH network.  You will also see 6thStreetRadio in the subver string:

Code:

   {
        "addr" : "192.168.1.7:3888",
        "services" : "00000001",
        "lastsend" : 1389711330,
        "lastrecv" : 1389711330,
        "bytessent" : 858,
        "bytesrecv" : 75915,
        "conntime" : 1389711330,
        "version" : 70002,
        "subver" : "/6thStreetRadio:0.8.6.1/",
        "inbound" : false,
        "startingheight" : 221,
        "banscore" : 0,
        "syncnode" : true
    },

[alatvian]

Block Time: 30 minutes

I'll gladly call this slugshares.

RDSH is not intended to be a currency or a payment system.  If that's what you want, mine for BTC or any one of the hundreds of other  useful alt-coins out there with block times on the order of seconds and minutes.  RDSH is intended to be a buy-and-hold way of investing in 6th Street Radio LLC.  Therefore, quick transaction time is not a priority, but rather are stability and predictability.

[alatvian]

At this point, there are 600 RDSH blocks.  At 740 apiece, that's about 440k shares.

I would like to purchase 100k RadioShares for 70 DGC.  Send me a private message if you are interested in selling, even if it is at a different ask price.  

Please submit shares to Pe7q1bmSSf35wdx7xnRGfczBXNgsh6UKCy and follow instructions detailed in the first bid in this post: https://bitcointalk.org/index.php?topic=404533.msg4431352#msg4431352

I will update this post when the order is filled.

UPDATE: We'll take care of share sales on another platform. 

[ianspain]

How's this coin doing?? have you thought of trading shares on something like counterparty?

[alatvian]

How's this coin doing?? have you thought of trading shares on something like counterparty?

What is counterparty?

I'm developing a small but functional RDSH/DGC trading platform using D.  If there's something already available, please let me know.

[JohnDorien]

How's the progress of trading platform etc...?
How's the business doing?

[alatvian]

How's the progress of trading platform etc...?
How's the business doing?

Trading platform is implement, in a console-based way.  Automated deposits aren't working yet.  PM me if you would like access.

[alatvian]

Some news:

• We're offering free DGC to those helping to test the trading platform: http://6thstreetradio.org/cms/radioshares
• I'm working on listings in Cryptsy and Bittrex, but odds are long on those.
• I'm giving away 1000s of RDSH to those willing to help with the registration system.  The next piece of the puzzle is to allow holders of RDSH to register them with the company, so that the holders can receive benefits.  Development on this gateway will begin very soon.