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Author Topic: [ANN][SMC] SmartCoin | Next generation currency | continued development  (Read 156090 times)
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psionin
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July 29, 2020, 04:51:57 AM
 #1441

I agree here, I've also thought about it before and don't care for making some dubious hacked exchange account rich, especially while they contribute nothing and do not engage at all with the community. We'll have to see about what kind of a solution would make sense, maybe a vote perhaps. It's good to have this discussion.

We can chat here for now, but after the fork and some exchange listings, if the community grows, we can move to other platforms as well. This is still the place that is most responsive for now.


Then maybe. Does that mean that the address that it went to should be invalidated? What if it was already sold several times and the other parties paid legitimately for it? Or should new ones be generated to replace the loss at the expense of the whole network? What about cases when it was lost like Bitcoin in old hard drives?

Complicated topic here, I don't want to say yes or no. But my question is, even if it is a million SMC, is it such a big deal? It's basically worthless now. I would just buy another batch and keep it safe off the exchange this time if it's a project that I believed in and it was important to me.


In regard to the claims from Cryptsy, I don't see a way to reverse it, does anyone else have a proposal? Can't just issue replacements for anyone who makes a claim without proof.

And if they have proof?

Seems to me the majority of Cryptsy's SMC ended up at SY9JewNadnkJexXxLKfmFhqoaeQycTVDS6, 4,420,304.00000000 ended up there end of Jan 2018. I would think regardless what you decide this balance should be excluded from any kind of swap. Someone obviously still had control of these stolen coins as they had moved them periodically from 2016 to beginning of 2018.

If you would honor such claims with proof I would just think the total claims couldn't exceed this balance. Regarding lost wallets (from lost hard drives and such), I don't see this as being the same. Not only almost impossible to prove but no crime was likely committed.

Now if I were to try to re-buy all the cryptos stolen from me over the last 6 years or so from all the various exchanges, it would be a small fortune.

Is there a better place than here to get an opinion on this? Would be nice to get others commenting whether for or against. Thanks.
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July 29, 2020, 11:03:56 AM
 #1442

I agree here, I've also thought about it before and don't care for making some dubious hacked exchange account rich, especially while they contribute nothing and do not engage at all with the community. We'll have to see about what kind of a solution would make sense, maybe a vote perhaps. It's good to have this discussion.
One approach is to edit the UTXO to exclude the offending addy and reassign the balance to a community-owned multi-sig address for use thereafter as a community Treasury.

Cheers

Graham
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July 29, 2020, 01:59:42 PM
 #1443


Let me know what kind of DEX you are thinking about, if there are any examples in particular.


I thought DEX as BlockNet, or Komodo's AtomicDex. there is also that of the blockchain of Burst but I don't know how it is.
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August 05, 2020, 04:19:29 PM
 #1444

I don't see Komodo being used much and DEXs now seem to have mostly Ethereum token trades but not the main cryptos.

https://np.reddit.com/r/Monero/comments/i1fknt/ccs_results_monero_atomic_swaps_research/

Still more theoretical discussion about how swaps should work, it doesn't seem to have been solved yet properly.

I was thinking about interfacing with regular exchanges for now to get coins for withdrawal or to provide liquidity for certain pairs. Of course a better DEX solution would be more optimal though.


Let me know what kind of DEX you are thinking about, if there are any examples in particular.


I thought DEX as BlockNet, or Komodo's AtomicDex. there is also that of the blockchain of Burst but I don't know how it is.
psionin
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August 07, 2020, 08:21:34 AM
 #1445


Was thinking some more about this... basically the issue with Komodo is that both parties need to be ready to make a specific for it to occur. However, in practice, buys and sells need to be able to hang in the exchange platform for some days or weeks before a counterparty is found and the trade is executed. This can be done in a DEX manner if the blockchain has tokens and smart contracts, like Ethereum, but it still wouldn't be able to handle coins whose transaction rules are outside of its environment. The only way to send Dogecoin from any platform is by using the actual key for it. Hmm.


I don't see Komodo being used much and DEXs now seem to have mostly Ethereum token trades but not the main cryptos.

https://np.reddit.com/r/Monero/comments/i1fknt/ccs_results_monero_atomic_swaps_research/

Still more theoretical discussion about how swaps should work, it doesn't seem to have been solved yet properly.

I was thinking about interfacing with regular exchanges for now to get coins for withdrawal or to provide liquidity for certain pairs. Of course a better DEX solution would be more optimal though.


Let me know what kind of DEX you are thinking about, if there are any examples in particular.


I thought DEX as BlockNet, or Komodo's AtomicDex. there is also that of the blockchain of Burst but I don't know how it is.
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August 23, 2020, 05:18:29 AM
 #1446


Hey guys, good news, the update to the more recent Bitcoin code base has been done. You can see the recent changes on the new SMC repository here: https://github.com/psionin/smartcoin-1.1/commits/master

It is using the Dogecoin code that is based on Bitcoin 0.14, which provides significant improvements in build framework organization, P2P functionality, and overall stability of the node. This also paves the way for SMC specific customizations and features that can bring some attention and usage demand to the coin.

Setting up a SmartCoin node can be more easily done now on modern systems like Debian 10, which is what 1.1 has been tested on, as it doesn't require the older versions of Boost and OpenSSL. If you have already been running 0.9.1, this update is optional. It's probably best not to touch it for now, as there are more changes coming up.

I built the Qt wallet and it looks decent, the peers are connecting much more smoothly than in the previous one. Not releasing it yet because I want to make a lite SPV wallet for a release so that casual users don't have to download the entire blockchain.

Please note: mining right now is the same as it has been for years, it goes on and off every couple of weeks, and so transactions do not confirm within a reasonable amount of time. This issue is next on the list! Transactions should be fast, like in Nano, Dogecoin, or Ethereum.

Then maybe some website based development and making a gateway for exchanging SMC to other currencies easily and without a large spread. So hopefully more is coming in the near future.

Stay tuned and have your old wallets ready for import!

psionin
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August 24, 2020, 07:59:01 AM
Last edit: August 24, 2020, 01:43:13 PM by psionin
 #1447

I sent SMC from an old wallet to the new one, and it didn't register in the new wallet because no mining was happening (I didn't see the transaction at all in the new wallet). But then when mining started a few days after, it went through. So transactions do currently work, but may take a few days or weeks to process. The important thing is having a wallet that you control and the keys to it. Working on making them fast in the next to-do item on the list.



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August 24, 2020, 11:23:42 PM
 #1448

wow .. great job. very fast in updating the blockchain
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August 25, 2020, 03:33:08 AM
 #1449

Perfect, I’m having issues with importing my keys... but excited about the update!
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August 28, 2020, 01:15:40 PM
 #1450

Any addnodes?  Grin

■▐ ▎▬▬▬▬▬▬ 6 YEAR CROWDSALE▐ ▎■BUY UNO ▬▬▬▬▬▬▐ ▎■
bigDog9kiloasicTALKTop-apocalypse#420jfa#PR0#form#coin#POSpoll#simpleDEX #open🐢
psionin
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August 29, 2020, 02:29:24 PM
Last edit: August 30, 2020, 06:51:42 AM by psionin
 #1451

Using the 0.9.1 wallet? Yeah, it only has like one node address hardcoded. Shouldn't be an issue in the new wallet.

Try these for now:
Code:
85.15.179.171:58585
178.63.9.83:58585
95.183.50.2:58585

Any addnodes?  Grin
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