[ANN] DopeCoin - DopeCoin is now on Blockfolio Signal

[altcoin.center]

Good day, everyone!

Great speech, Dopey! =)

This is quite interesting:

http://www.reddit.com/r/IAmA/comments/2k3u97/we_are_bitcoin_sidechain_paper_authors_adam_back/

Adam Back I am the inventor of hashcash the proof of work function in bitcoin and co-inventor of sidechains with Greg Maxwell. Joined by co-authors Greg Maxwell, Pieter Wuille, Matt Corallo, Mark Friedenbach, Jorge Timon, Luke Dashjr, Andrew Poelstra, Andrew Miller; bitcoin protocol developers.

sidechains paper: http://blockstream.com/sidechains.pdf

And this part very interesting indeed:

http://www.reddit.com/r/IAmA/comments/2k3u97/we_are_bitcoin_sidechain_paper_authors_adam_back/clhoh3x

throwawash:

Suppose side chains are implemented tomorrow. Could existing alt chains graft onto the Bitcoin blockchain, or would they have to "start over"?

Pieter Wuille:

(Pegged) sidechains are ultimately altchains without an associated altcoin (they reuse the BTC asset).
The altchain could theoretically remain and become multi-asset (having both their original altcoin, and pegged bitcoins), with a free-floating exchange between them. For systems with alternative economic models (like Freicoin) this may make sense.

samurai321:

so this could enable a in-blockchain digital currency exchange between BTC and NMC for example?

Pieter hasn't replied samurai321's question yet, but it seems rather obvious that the answer should be "yes".

This opens a handful of new possibilities, both vs. Bitcoin as well as other altcoins. BTC and NMC are sha256 though, yet I don't think having mixed algorithms should be a problem either. I haven't checked how Myriad have implemented their multi algorithm system but it does seem to be working fine.

-j.

EDIT: Also take a look at http://www.blockstream.com/2014/10/23/why-we-are-co-founders-of-blockstream/

The altcoin approach of creating a new cryptocurrency just to introduce new features creates uncertainty for everyone looking at cryptocurrencies from the outside. There seems to be no natural stopping point, each fork can be forked again, ad infinitum. This creates both market and development fragmentation. We think that for cryptocurrencies to be successful as a whole we must build network effect, not fragmentation. We believe everyone should enjoy freedom to innovate, too, without seeking permission from us or anyone. We need a different way to get there than by attempting to disrupt our own success.

To accomplish this we propose technology to enable new cryptocurrency networks that do not need new cryptocurrencies (see our sidechains whitepaper for more information, as well as read an interview with the WSJ BitBeat). Delivering on this vision will require continued investment in and cooperation with the bitcoin ecosystem as a whole, along with the full-time support of many people with broad and specialized backgrounds. We felt that in the Bitcoin ecosystem, and in the world at large, there is a shortage of companies working on trustless cryptographic infrastructure. That’s why we, along with our other co-founders who share our vision, came together to establish Blockstream.

Pieter, Greg, Mark, Jorge, Matt, and Adam

[placebo]

Good day, everyone!

Great speech, Dopey! =)

What is the story behind TAK? Are you still supporting that one?

[aaron_m]

Good day, everyone!

Great speech, Dopey! =)

What is the story behind TAK? Are you still supporting that one?

What about TAK?

[boneee]

When DopeCoin was originally created it was my intention to create a better option for the already thriving underground marketplace that used digital currencies in the hundreds of millions for the purchase of drugs online. My intention was not to enter into a new marketplace (legalized MMJ) and to try and not only educate the general population, but to also get them to begin using crypto currencies as part of they're daily life.


Dopey

This why i started/support  to support dopecoin.
Its not just a coin like most with only money on there mind



Greet Boneee

[altcoin.center]

Good day, everyone!

Great speech, Dopey! =)

What is the story behind TAK? Are you still supporting that one?

What about TAK?

Yeah, TAK is on the table as well. The original developers dumped it, it was about to die, and I decided to do something about that promising to take over TAK development. Fortunately, a more experienced developer (I'm more of a strategy / R&D guy) appeared who was willing to take the lead. I'm providing support in the form of finding potential partners, marketing etc.

Altcoin.Center will also back TAK up by certain services free of charge. The same goes for DOPE. I'll be putting out more information on what these services are during the following days and weeks.

-j.

[dopecoindude]

http://www.reddit.com/r/IAmA/comments/2k3u97/we_are_bitcoin_sidechain_paper_authors_adam_back/

Adam Back I am the inventor of hashcash the proof of work function in bitcoin and co-inventor of sidechains with Greg Maxwell. Joined by co-authors Greg Maxwell, Pieter Wuille, Matt Corallo, Mark Friedenbach, Jorge Timon, Luke Dashjr, Andrew Poelstra, Andrew Miller; bitcoin protocol developers.

sidechains paper: http://blockstream.com/sidechains.pdf

All interesting Jyri. Had a question have you heard of ZeroCash before ? A whole blockchain dedicated to anonymity.

[altcoin.center]

http://www.reddit.com/r/IAmA/comments/2k3u97/we_are_bitcoin_sidechain_paper_authors_adam_back/

Adam Back I am the inventor of hashcash the proof of work function in bitcoin and co-inventor of sidechains with Greg Maxwell. Joined by co-authors Greg Maxwell, Pieter Wuille, Matt Corallo, Mark Friedenbach, Jorge Timon, Luke Dashjr, Andrew Poelstra, Andrew Miller; bitcoin protocol developers.

sidechains paper: http://blockstream.com/sidechains.pdf

All interesting Jyri. Had a question have you heard of ZeroCash before ? A whole blockchain dedicated to anonymity.

Yeah, I'm familiar with ZC. Another interesting newcomer in the area is Opal: http://www.opal-coin.com/

-j.

[placebo]

Is this still valid?



And the number of coins keep on increasing. + 120M now.

[placebo]

123,008,688 DOPE and increasing. How long those it take to fork the coin and move to POS? It is now one week and still no movement on this topic. There are now so many coins that it will just die again.

[aaron_m]

123,008,688 DOPE and increasing. How long those it take to fork the coin and move to POS? It is now one week and still no movement on this topic. There are now so many coins that it will just die again.

We have already published the timeline for the new wallet, nothing has changed in that regard.

[bitcoinbcn]

123,008,688 DOPE and increasing. How long those it take to fork the coin and move to POS? It is now one week and still no movement on this topic. There are now so many coins that it will just die again.

We have already published the timeline for the new wallet, nothing has changed in that regard.

Aaron, you must understand isnt the same 2 weeks than 4 weeks...roadmap published 10 days ago, it say 2-4 weeks...to 2 weeks only faults 4 days, to 4 weeks 18 days...if u are working in this, from today how many time (estimed) to pos?

[aaron_m]

123,008,688 DOPE and increasing. How long those it take to fork the coin and move to POS? It is now one week and still no movement on this topic. There are now so many coins that it will just die again.

We have already published the timeline for the new wallet, nothing has changed in that regard.

Aaron, you must understand isnt the same 2 weeks than 4 weeks...roadmap published 10 days ago, it say 2-4 weeks...to 2 weeks only faults 4 days, to 4 weeks 18 days...if u are working in this, from today how many time (estimed) to pos?

The eta hasn't changed from the road map.

[4thKind]

Everyone needs to stop breaking balls.  The timeline has been laid out.  Let Aaron take his time and do it right.   The devs have more important things to concentrate on than giving everyone hourly updates and feeding trolls on here.   If you want to hold the coin then hold the coin, if you don't then don't.    The question you all should be asking is "what can we do to help"?

[aaron_m]

Everyone needs to stop breaking balls.  The timeline has been laid out.  Let Aaron take his time and do it right.   The devs have more important things to concentrate on than giving everyone hourly updates and feeding trolls on here.   If you want to hold the coin then hold the coin, if you don't then don't.    The question you all should be asking is "what can we do to help"?

Thanks 4thkind, the biggest thing we need now is contact with a dope vendor in the usa, to see if we can make this pegging idea work, if anybody has any contacts or can make contact, that would massively help as I'm not based there.

[4thKind]

[/quote]

Thanks 4thkind, the biggest thing we need now is contact with a dope vendor in the usa, to see if we can make this pegging idea work, if anybody has any contacts or can make contact, that would massively help as I'm not based there.
[/quote]


I really wish I could help with that one but I don't live in a "free" state or anywhere near one, unfortunately.   

If you're willing to share, and just out of curiosity, what is the strategy to peg the currency to a specific measurement of dope that doesn't involve huge risk taking for the dispensary?

[4thKind]

The weather is cool now.  Time for me to blow the dust off those old milk crate rigs and fire them up to support the multi-pool.   

[joehoebot]

i seriously think that altcoins might be dead anyway. 
let us chill, if we can't contribute to the project in a meaningful way
    

[aaron_m]

Thanks 4thkind, the biggest thing we need now is contact with a dope vendor in the usa, to see if we can make this pegging idea work, if anybody has any contacts or can make contact, that would massively help as I'm not based there.
[/quote]


I really wish I could help with that one but I don't live in a "free" state or anywhere near one, unfortunately.   

If you're willing to share, and just out of curiosity, what is the strategy to peg the currency to a specific measurement of dope that doesn't involve huge risk taking for the dispensary?



[/quote]

If you come into irc, I'll let you know, as its not fully fleshed out by talking to an actual seller so i dont want to give people false hopes.  Everyone i have told the idea to so far though love the idea though.

[monoxide]

Everyone needs to stop breaking balls.  The timeline has been laid out.  Let Aaron take his time and do it right.   The devs have more important things to concentrate on than giving everyone hourly updates and feeding trolls on here.   If you want to hold the coin then hold the coin, if you don't then don't.    The question you all should be asking is "what can we do to help"?

+100

This is what is problem with most of coins. everyone demand it to succes, but are not willing to help.

[placebo]

Volume is dying on Bittrex, i give it 21 days before it is removed.