[ANN] Qora | Released 16 May | 100% POS | New Source

[reader31]

Just invested one btc through Anon136's escrow. Have sent him a pm.

[liudanli]

I trust in the dev

I have sent 0.9254 BTC to your address,plz comfirm for me ,thanks

txid:https://blockchain.info/tx/0accc3a9b68f14be4784006d65bb5f95abb0a92df2c7c5e9b03dc2e40868a115

[wizzardTim]

I'm trying to run the beta, for some reason i cannot confirm the wallet password when I create the wallet.

Pressing confirm does nothing

EDIT: I re-run the program. Then the main window was shown, and it seems that it is trying to synchronise.
        I unlocked the wallet, but no address is shown. Is that natural?

[Djinou94]

I haven't decided if there will be a 4th week or not.

What decision you have made?

Yeah what decision?

[qora]

I'm trying to run the beta, for some reason i cannot confirm the wallet password when I create the wallet.

Pressing confirm does nothing

EDIT: I re-run the program. Then the main window was shown, and it seems that it is trying to synchronise.
        I unlocked the wallet, but no address is shown. Is that natural?

Can you please check for any errors on the command line?

Oke so at this moment we have 33 transactions.
I feel that this will not be enough to divide the currency in a correct way.
So depending on the amount of transactions tomorrow I will decide if I will lengthen the IPO for a week or not.
Whatever I decide know that any investor will be notified and will as always have the chance to ask for a refund.

[wizzardTim]

I'm trying to run the beta, for some reason i cannot confirm the wallet password when I create the wallet.

Pressing confirm does nothing

EDIT: I re-run the program. Then the main window was shown, and it seems that it is trying to synchronise.
        I unlocked the wallet, but no address is shown. Is that natural?

Can you please check for any errors on the command line?

Oke so at this moment we have 33 transactions.
I feel that this will not be enough to divide the currency in a correct way.
So depending on the amount of transactions tomorrow I will decide if I will lengthen the IPO for a week or not.
Whatever I decide know that any investor will be notified and will as always have the chance to ask for a refund.

I've got a bunch of failed connections:

Aπρ 08, 2014 12:37:57 ΠM c.e a
INFO: Failed to connect to : /24.224.178.199
Aπρ 08, 2014 12:37:57 ΠM c.c run
INFO: Connecting to peer : /46.23.73.27
Aπρ 08, 2014 12:37:58 ΠM c.e a
INFO: Failed to connect to : /46.23.73.27
Aπρ 08, 2014 12:37:58 ΠM c.c run
INFO: Connecting to peer : /50.47.28.35
Aπρ 08, 2014 12:38:19 ΠM c.e a
INFO: Failed to connect to : /50.47.28.35
Aπρ 08, 2014 12:38:19 ΠM c.c run
INFO: Connecting to peer : /58.8.224.254
Aπρ 08, 2014 12:38:40 ΠM c.e a
INFO: Failed to connect to : /58.8.224.254
Aπρ 08, 2014 12:38:40 ΠM c.c run
INFO: Connecting to peer : /59.35.234.125
Aπρ 08, 2014 12:39:01 ΠM c.e a
INFO: Failed to connect to : /59.35.234.125
Aπρ 08, 2014 12:39:01 ΠM c.c run
INFO: Connecting to peer : /68.185.244.98
Aπρ 08, 2014 12:39:22 ΠM c.e a
INFO: Failed to connect to : /68.185.244.98
Aπρ 08, 2014 12:39:22 ΠM c.c run
INFO: Connecting to peer : /69.181.161.56
Aπρ 08, 2014 12:39:43 ΠM c.e a
INFO: Failed to connect to : /69.181.161.56
Aπρ 08, 2014 12:39:43 ΠM c.c run
INFO: Connecting to peer : /78.51.130.188

I'm seeing 3 peers only. Is the above normal?

One more question: I run the program by double-clicking on the jar file. I first chose to create a new wallet, confirmed my generation feed, enter a password and then pressed confirm. In this step I believe a message (pop-up) should appear saying something like the "password has been confirmed, re-run the jar and unlock the wallet with the confirmed password". Instead of this I just kept pressing the "confirm" button without having any info on succesful confirmation..

overall: I like the gui very much - majestic in its simplicity - we need this in the crypto-world

[qora]

I'm trying to run the beta, for some reason i cannot confirm the wallet password when I create the wallet.

Pressing confirm does nothing

EDIT: I re-run the program. Then the main window was shown, and it seems that it is trying to synchronise.
        I unlocked the wallet, but no address is shown. Is that natural?

Can you please check for any errors on the command line?

Oke so at this moment we have 33 transactions.
I feel that this will not be enough to divide the currency in a correct way.
So depending on the amount of transactions tomorrow I will decide if I will lengthen the IPO for a week or not.
Whatever I decide know that any investor will be notified and will as always have the chance to ask for a refund.

I've got a bunch of failed connections:

Aπρ 08, 2014 12:37:57 ΠM c.e a
INFO: Failed to connect to : /24.224.178.199
Aπρ 08, 2014 12:37:57 ΠM c.c run
INFO: Connecting to peer : /46.23.73.27
Aπρ 08, 2014 12:37:58 ΠM c.e a
INFO: Failed to connect to : /46.23.73.27
Aπρ 08, 2014 12:37:58 ΠM c.c run
INFO: Connecting to peer : /50.47.28.35
Aπρ 08, 2014 12:38:19 ΠM c.e a
INFO: Failed to connect to : /50.47.28.35
Aπρ 08, 2014 12:38:19 ΠM c.c run
INFO: Connecting to peer : /58.8.224.254
Aπρ 08, 2014 12:38:40 ΠM c.e a
INFO: Failed to connect to : /58.8.224.254
Aπρ 08, 2014 12:38:40 ΠM c.c run
INFO: Connecting to peer : /59.35.234.125
Aπρ 08, 2014 12:39:01 ΠM c.e a
INFO: Failed to connect to : /59.35.234.125
Aπρ 08, 2014 12:39:01 ΠM c.c run
INFO: Connecting to peer : /68.185.244.98
Aπρ 08, 2014 12:39:22 ΠM c.e a
INFO: Failed to connect to : /68.185.244.98
Aπρ 08, 2014 12:39:22 ΠM c.c run
INFO: Connecting to peer : /69.181.161.56
Aπρ 08, 2014 12:39:43 ΠM c.e a
INFO: Failed to connect to : /69.181.161.56
Aπρ 08, 2014 12:39:43 ΠM c.c run
INFO: Connecting to peer : /78.51.130.188

I'm seeing 3 peers only. Is the above normal?

One more question: I run the program by double-clicking on the jar file. I first chose to create a new wallet, confirmed my generation feed, enter a password and then pressed confirm. In this step I believe a message (pop-up) should appear saying something like the "password has been confirmed, re-run the jar and unlock the wallet with the confirmed password".

overall: I like the gui very much - majestic in its simplicity - we need this in the crypto-world

3 peers is normal.
I host 2 nodes for the beta and I think someone else is also running one too.

Oke I see the problem.
This application uses native libraries and the run.bat/run.sh lets java know where it can find those.
If you just run it by double clicking on the jar it will not find those libraries and will not be able to do any cryptographic function.
The best way to run it is to just use the run.bat/run.sh file.
You should also delete the wallet and data folders if they exist.

Confirming your wallet password and handling startup errors is definetly something I need to implement before the release.

[wizzardTim]

I'm trying to run the beta, for some reason i cannot confirm the wallet password when I create the wallet.

Pressing confirm does nothing

EDIT: I re-run the program. Then the main window was shown, and it seems that it is trying to synchronise.
        I unlocked the wallet, but no address is shown. Is that natural?

Can you please check for any errors on the command line?

Oke so at this moment we have 33 transactions.
I feel that this will not be enough to divide the currency in a correct way.
So depending on the amount of transactions tomorrow I will decide if I will lengthen the IPO for a week or not.
Whatever I decide know that any investor will be notified and will as always have the chance to ask for a refund.

I've got a bunch of failed connections:

Aπρ 08, 2014 12:37:57 ΠM c.e a
INFO: Failed to connect to : /24.224.178.199
Aπρ 08, 2014 12:37:57 ΠM c.c run
INFO: Connecting to peer : /46.23.73.27
Aπρ 08, 2014 12:37:58 ΠM c.e a
INFO: Failed to connect to : /46.23.73.27
Aπρ 08, 2014 12:37:58 ΠM c.c run
INFO: Connecting to peer : /50.47.28.35
Aπρ 08, 2014 12:38:19 ΠM c.e a
INFO: Failed to connect to : /50.47.28.35
Aπρ 08, 2014 12:38:19 ΠM c.c run
INFO: Connecting to peer : /58.8.224.254
Aπρ 08, 2014 12:38:40 ΠM c.e a
INFO: Failed to connect to : /58.8.224.254
Aπρ 08, 2014 12:38:40 ΠM c.c run
INFO: Connecting to peer : /59.35.234.125
Aπρ 08, 2014 12:39:01 ΠM c.e a
INFO: Failed to connect to : /59.35.234.125
Aπρ 08, 2014 12:39:01 ΠM c.c run
INFO: Connecting to peer : /68.185.244.98
Aπρ 08, 2014 12:39:22 ΠM c.e a
INFO: Failed to connect to : /68.185.244.98
Aπρ 08, 2014 12:39:22 ΠM c.c run
INFO: Connecting to peer : /69.181.161.56
Aπρ 08, 2014 12:39:43 ΠM c.e a
INFO: Failed to connect to : /69.181.161.56
Aπρ 08, 2014 12:39:43 ΠM c.c run
INFO: Connecting to peer : /78.51.130.188

I'm seeing 3 peers only. Is the above normal?

One more question: I run the program by double-clicking on the jar file. I first chose to create a new wallet, confirmed my generation feed, enter a password and then pressed confirm. In this step I believe a message (pop-up) should appear saying something like the "password has been confirmed, re-run the jar and unlock the wallet with the confirmed password".

overall: I like the gui very much - majestic in its simplicity - we need this in the crypto-world

3 peers is normal.
I host 2 nodes for the beta and I think someone else is also running one too.

Oke I see the problem.
This application uses native libraries and the run.bat/run.sh lets java know where it can find those.
If you just run it by double clicking on the jar it will not find those libraries and will not be able to do any cryptographic function.
The best way to run it is to just use the run.bat/run.sh file.
You should also delete the wallet and data folders if they exist.

Confirming your wallet password and handling startup errors is definetly something I need to implement before the release.

You were right: It was a run.bat error. The run.bat just calls the java thats registered in the system PATH, and it seems my registered java was outdated and the run.bat was disappearing after I clicked it.

So, I modified it like this:

"C:\Program Files (x86)\Java\jre7\bin\java.exe" -Xmx256m -Djava.library.path=libs/native

-jar Qora.jar -disablerpc

And now everything works fine! 

I can see the blocks! Woohoo!


Ladies and gents - I like this more than NXT (nxt starting client didn't look good at all).

Glad I invested through Anon.

Now, how can I get some coins? (Address: QV9h3brUvW4uPja7vssahVRegso19YjGcJ)

[wizzardTim]

Nice! I got some coins to start playing around.

It would be great if I could just copy my addresses (not the entire row) by left-clicking

I registered a name. How much time till I see it? Are all characters and whitespaces allowed?

@dev: congrats, runs smoothly fast!

[qora]

You were right: It was a run.bat error. The run.bat just calls the java thats registered in the system PATH, and it seems my registered java was outdated and the run.bat was disappearing after I clicked it.

So, I modified it like this:

"C:\Program Files (x86)\Java\jre7\bin\java.exe" -Xmx256m -Djava.library.path=libs/native

-jar Qora.jar -disablerpc

And now everything works fine!  

I can see the blocks! Woohoo!


Ladies and gents - I like this more than NXT (nxt starting client didn't look good at all).

Glad I invested through Anon.

Now, how can I get some coins? (Address: QV9h3brUvW4uPja7vssahVRegso19YjGcJ)

Sent you some.

About copying your address It has been asked a few times and it is something that is on my TODO list.
You will see your name when it is confirmed. I will also add information about whether a name is pending or confirmed.

Sorry that I haven't been that active the last 2 days.
Tomorrow I will have lots of time to help everyone with their questions.

[agran]

Sorry that I haven't been that active the last 2 days.
Tomorrow I will have lots of time to help everyone with their questions.

Please answer whether the IPO will last another week?

[notsoshifty]

I've loaded the client and made a few test transactions and naming assignments. In those basic tests it all seems to work fine with only cosmetic issues.

My question (to beta testers, fellow investors and potential investors, and qora) is, how can we verify that the code implements functionality like:
 - prevent double spends
 - uses PoS to achieve consensus, and prevent 51% (90%? 99%?) attacks
 - prevent transaction replays
 - prevent transaction malleability
 - handle fork-related scenarios correctly
 - ensure no new funds are generated after equivalent of genesis block
etc?

This is especially important as we have no access to readable code, and it is not based on any existing cryptocurrency code.


Also, related to the IPO:
 - Will qora be distributed proportional to BTC invested (after 10%/20% early-invest bonus is factored in)?
 - Are any qora funds set aside for other purposes (e.g. kept by dev for bounties), or will 100% be going to investors?
 - Will the dev be investing directly or indirectly?
 - Is there a plan for the BTC invested during IPO (e.g. earmarked for bounties, mintpal extortion fees, etc)?

[agran]

qora, Please add the ability to create RPC-based sterling block explorer.

[liulby]

good idea!I will invest it!

[liulby]

Good idea!I invested it!But I have very little BTC, so only 0.12 BTC investment,please comfirm for me!

My Qura address:QNd5okvCT7JauyEGGXvPSzAae7237WHwSd.
                       QdieauqSYVtR9ZWnhvVVXu2cZYRWsGMSKQ
txid:https://blockchain.info/tx/827cdac857522a3b834de8fefc8319a9ff4c1c16daa9f0fccafe20bcddff8adc

thanks!

[qora]

I've loaded the client and made a few test transactions and naming assignments. In those basic tests it all seems to work fine with only cosmetic issues.

My question (to beta testers, fellow investors and potential investors, and qora) is, how can we verify that the code implements functionality like:
 - prevent double spends
 - uses PoS to achieve consensus, and prevent 51% (90%? 99%?) attacks
 - prevent transaction replays
 - prevent transaction malleability
 - handle fork-related scenarios correctly
 - ensure no new funds are generated after equivalent of genesis block
etc?

This is especially important as we have no access to readable code, and it is not based on any existing cryptocurrency code.


Also, related to the IPO:
 - Will qora be distributed proportional to BTC invested (after 10%/20% early-invest bonus is factored in)?
 - Are any qora funds set aside for other purposes (e.g. kept by dev for bounties), or will 100% be going to investors?
 - Will the dev be investing directly or indirectly?
 - Is there a plan for the BTC invested during IPO (e.g. earmarked for bounties, mintpal extortion fees, etc)?

- double spends are prevented by using a reference system. Simply said whenever you make a transaction you have to include the signature of your previous transaction. You can check this by looking at the details of your transactions.

- The proof of stake algorithm uses a combination of randomness, your generating balance and the time since the last block to determine if a new block is valid. Currently there is no protection against 51% attacks. I will create a detailed explanation of how the system works.

- Transaction replays are handled by the reference system.

- All the transaction data is signed so transaction malleability should not be a problem.

- You should be able to check the total amount in existence by scanning all addresses and adding up their balances.

- Qora is distributed proportional.

- 100% goes to the investors I will invest a small amount the last day of the IPO to make it fair. I might use these for bounties or keep them for myself. When someone does not claim their share in time(2 months) that share will be used for bounties.

- The BTC invested will be used to develop and maintain this currency. No concrete plans has been made about this.

I understand your concerns about the fact that for most of your questions you will simply have to trust me.
I see that the beta client is having some problems with synchronizing.

[qora]

IMPORTANT
I have decided to add one extra week to the IPO because 45 transactions is just not enough to distribute this currency in a fair way especially when there are multiple transactions from the same users.
I will contact every investor with these new details.
As always any investor can ask for a refund before the release.
Below are the new and old IPO details.

New IPO details
Because Qora is a Proof-of-Stake crypto-currency we will rely on an IPO for initial distribution of the supply. The total amount of Qora in existence will be 10 000 000 000 (10 billion). One Qora will have 8 digits after the decimal point.

The IPO will last 4 weeks and we will accept Bitcoin only. The IPO has been changed from 3 weeks into 4 weeks because the amount of transactions received in the first 3 weeks were not enough to divide the currency in a good way. In order for people not to wait until the last day to invest an investment structure will be used.

In the first week an investment will count for 130%.
The second week an investment will count for 120%.
The third week an investment will count for 110%.
The last week an investment will count for 100%.

Investments can be made public here or private using pm. Please make sure you are able to proof that you are the sender of a transaction. Include your username in the transaction or show proof that u own the address by creating a signed message to avoid misunderstandings.

Bitcoin IPO Address: 1LDKa5i4qxzvQNoQpwU5es3aq9c95ooSFg

Please note that after the IPO is finished it might be possible that the project is not yet ready for release. We are aiming to provide a public beta during or soon after the IPO.

The source code of the complete project will be provided after a 1-3 months. This will protect investors against early clones. It will be very easy to create clones based on the source code.
The IPO will end on Wednesday 16 April 2014 1pm GMT. Each week will end on Wednesday 1pm GMT.

Old IPO details
Because Qora is a Proof-of-Stake crypto-currency we will rely on an IPO for initial distribution of the supply. The total amount of Qora in existence will be 10 000 000 000 (10 billion). One Qora will have 8 digits after the decimal point.

The IPO will last 3 weeks and we will accept Bitcoin only. We hope that 3 weeks will be enough to distribute the currency in a fair way. In order for people not to wait until the last day to invest an investment structure will be used.

In the first week an investment will count for 120%.
The second week an investment will count for 110%.
The last week an investment will count for 100%.

Investments can be made public here or private using pm. Please make sure you are able to proof that you are the sender of a transaction. Include your username in the transaction or show proof that u own the address by creating a signed message to avoid misunderstandings.

Bitcoin IPO Address: 1LDKa5i4qxzvQNoQpwU5es3aq9c95ooSFg

Please note that after the IPO is finished it might be possible that the project is not yet ready for release. We are aiming to provide a public beta during or soon after the IPO.

The source code of the complete project will be provided after a 1-3 months. This will protect investors against early clones. It will be very easy to create clones based on the source code.
The IPO will end on Wednesday 9 April 2014 1pm GMT. Each week will end on Wednesday 1pm GMT.

[qora]

When someone does not claim their share in time(2 months)...

When is the claiming shares phase expected to start?

On the release which should be within a month.

[reader31]

a general investor question...do you see qora occupying a unique market position compared to say NXT, or is it going to competing for the same market share?

[allwelder]

just curious,Innovation of Qqra is ?