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Author Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!  (Read 455807 times)
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Syscoin- Changing the way people do business.


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April 27, 2014, 08:31:25 PM
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    We want to thank everyone who has participated in constructive discussion here. We are moving to a new thread with a cleaner information structure and fewer pages of less-than-useful information to sort through to get to the real truth/help on a specific subject related to Syscoin. The new thread does link back to this thread for transparency.

The new thread will be useful for current and future investors alike. We will post all future updates there.

Please Join Us At The NEW Syscoin Announcement Thread!

This thread is now locked.



      Syscoin has launched!
      Business on the Blockchain
      http://Syscoin.org


       




      Github:
      https://github.com/syscoin/syscoin

      How to import a private key

      There are DNS seeds in the wallet already but they may be saturated. If you have issues connecting to peers here is a peers.dat to help you sync: http://www.fileswap.com/dl/ZngbcxNzfZ/

      Block Explorer:
      http://sys.coinzone.info/chain/SysCoin


      Service Fees:

      Utilizing Syscoin services (aliases, offers, data, certs) costs a certain amount of SYS depending on the transaction and the transaction size. Because there is nothing truly analogous to Syscoin on the market we're launching an with initial 90 day "price discovery" service fee schedule which allows for some price growth while decreasing cost of services over time. We'll observe the activity in this window and release a new wallet within 90days implementing a dynamic fee system- This will be a mandatory update.

      *The current wallet does NOT have proactively notify users regarding current costs of services; we have this logged and are working to address it. Please use the fee schedule below in the interim - to determine the current "blockheight" select help>debug console from the QT wallet*

      Fee Schedule Spreadsheet (assumes 580usd/btc):
      https://docs.google.com/spreadsheets/d/1x8dv0pGyRCeT8aXIEQpgNiq0ENxJKwEO_PmZqnxJERk/edit?usp=sharing


      Gateways:

      https://coingateway.net (Will launch within 24hs from 11PM EST)

      Merge-Mined Pools

      http://www.simpledoge.com/

      Pools:

      http://syscoin.me/

      https://www.minep.it/pool/sys/

      http://pool-pla.net

      http://sys.coin-miners.info/

      http://sys.cloudminers.net

      http://lifeforce.info/

      http://syscoin.minerpools.com/

      http://thepool.pw/sys/public/

      Faucets

      http://cryptoarrow.com/

      **All pool members must register with us and provide us with proper contact information.


      Nodes:

      http://hastebin.com/oferanafax.ini


      Specifications:

      Proof-of-work algorithm: SCRYPT (merge mineable with any SCRYPT coin)
      Multipool protection: SysCoin uses KGW to retarget difficulty every block. SysCoin uses extremely small minimum and maximum values as algorithmic inputs, which effectively allows Syscoin's difficulty to re-target much more rapidly and accurately than other cryptocurrencies that use KGW.
      Block reward (updated): 128 SysCoin and regenerated network services fees (block reward decays on fixed schedule until rewards fixate at 32 Syscoin until 2bil coin, after which rewards are purely network and service fees).
      Total SysCoins: 2,000,000,000 (2.0 billion)
      Premine: 18% [ up to 15% Based on Presale (SOLD OUT), 2% Devs (wallets will be publicized for transparency), 1% Bounties and Rewards]
      Premine Wallet Address (currently contains dev + bounties; been paying out of bounties): http://sys.coinzone.info/address/STtZvuwutKmnfqzDoapvf7sSRpBApeuv7j
      Launch date: August 16, 2014 @ 12pm PST

       
      Syscoin - A Scrypt-based, Merge-mineable coin with Certificate Issuance, Distributed Marketplace, Document Exchange, and Data Storage Services
       


      Service Fees:
       
      Fees are an important part of the Syscoin network since they enable the existence of Syscoin and all of it's innovative services.
      Syscoin directly recycles transaction fees by regenerating them and redistributing them to network miners. The regeneration of service fees is the key incentive for miners to continue to mine Syscoin once all base coins are mined, and thus enable and guarantee its services into the future.

       
      Reward Schedule:
      Mining Reward Schedule (Updated 7/23)


      Development Team and Status:
       

       
      Syscoin's team is not new to the industry, they bring the experience of an award-winning team to drive this incredibly innovative project. The team wanted to be able to release ground-breaking technology without limiting itself to any one specific innovation. Hence, the name Syscoin was coined- it allows for the building of multiple value-added and innovative services without being constrained to a single innovation.
       

      Syscoin on Social Media


      Reddit:

      http://reddit.com/r/syscoin

      Twitter:

      https://twitter.com/syscoin

      Facebook:

      https://www.facebook.com/Syscoin

      Youtube channel:

      https://www.youtube.com/user/Syscoin

      Google +:

      https://plus.google.com/+SyscoinOrg


      Syscoin in the News:
       

       
      Whitepapers:
       

      How Syscoin Works:
      General info:
       
      Innovation at it's best, Syscoin isn't just another crypto currency- it is also a value-added service and financial infrastructure integrated directly into its blockchain - something like this has never been done before! Syscoin is a crypto-currency and a financial infrastructure all in one!
       
      Syscoin implements a distributed marketplace integrated directly into the blockchain and more! This provides huge benefits to businesses or individuals looking to secure their data or marketplace in a decentralized manner that can never be "taken down" by having a single point of failure- the network makes this impossible. Now businesses can use Syscoin's incorruptible network to ensure the security of their sensitive data even if their redundancy systems fail - in the blockchain we trust!
       
      Syscoin ensures the health of it's network with the ability to be merge-mined with any other SCRYPT coin. Syscoin provides a variety of useful decentralized, cryptographically-secured services based on Bitcoin's Blockchain technology:

       


      • Business on the Blockchain. Buy and sell anything with Syscoin's distributed marketplace integrated into the blockchain.
        This isn't a cryptocurrency PLUS a marketplace. It's a marketplace built into a cryptocurrency. The Syscoin network enables the creation of marketplaces of any kind, ranging from small community trading platforms to large corporate marketplaces like eBay to fully encrypted hidden marketplaces. This does not limit itself to marketplaces that accept only Syscoin. Syscoin's blockchain innovations are merely an infrastructure upon which marketplaces can be built.

         
      • Brokerage on the Blockchain. Exchange discrete data directly on the Blockchain. Documents like deeds, wills, trusts, stocks, bonds and contracts can now be created, mutually agreed upon, and transferred without the necessity of a third-party to authenticate the transaction; the Syscoin network itself acts as the third party, guaranteeing cryptographically-verifiable authenticity. Syscoin provides a foundation for the creation of provably fair arbitration systems which cannot be corrupted.
         
      • Certificates on the Blockchain (demo
        video
        ).
        Using the cryptography of the Blockchain; Issue, authorize, and exchange digital certificates. With Syscoin, anyone can register as a certificate issuer and issue provably-unique certificates which can be authenticated by anyone using Syscoin's cryptographic proof of work. This allows for the creation and free exchange of a any kind of digital asset such as stocks, bonds, ownership certificates, warranties, receipts, tickets, certifications, diplomas, software licenses.

         
      • Miners Matter! By being universally merge-mineable with all Scrypt coins, Syscoin is prepared for the coming Scrypt ASIC boom. By simultaneously distributing coins to anyone mining any other Scrypt coin, it ensures that both democratic coin distribution and strong network health are achieved shortly after Syscoin's genesis.

      The Syscoin presale has ended:
       
      PRESALE PUBLIC LEDGER
        
      Syscoin Frequently Asked Questions (FAQ):
       
      Q: What's the difference between Sys and Ether?
      A: Syscoin is based on well known, peer reviewed codebases (Bitcoin, Litecoin, Namecoin) that have been combined and extended. Ethereum is an attempted rewrite of this in a sense to try and deliver a turing-complete smart contract solution. This is not the same as Syscoin. Additionally:
      • Sooner delivery of it's presale; Syscoin was delivered on August 16, 2014.
      • The amount of ether that will be mined every year is dependent on how many they sell during their presale. The more they sell the more that will be mined the year of release, giving a bigger dilution to the already mined/bought coins.
      • After Ether presale closes you have to wait till at least December/January to see anything; if at all.
      • Syscoin offered a 100% refund on failure to deliver of it's promised 5 core-features (escrow thru Moolah). The Ethereum team is allowed to use up to 5000btc before anything is even done properly or working and if it is a complete failure not a single refund was offered and no escrow option.

      Q: What's the difference between Sys and Cloakcoin?
      A: Please see this detailed comparison.
       
      Q: How can I buy/sell Syscoin?
      A: Syscoin can be traded directly on >> Moolah's trading platform. << (coming soon: Mintpal!) although any other exchange is welcome to trade Syscoin as well as long as they provide us with immediate contact details so we can update them with any technical details necessary.

      Q: How will I get my physical reward after purchasing presale coins?
      A: The Syscoin Team will have a portal up in the next few days where you can enter your presale purchase info and and ship-to address. Once verified you're reward will be shipped ASAP. We ship internationally.
       
      Q: What do you mean when you say Moolah will be the exclusive exchange? Will Syscoin not be on other exchanges?
      A: We have a partnership with Moolah and we are coordinating with them to get Syscoin on all of their platforms [including their exchange] at launch as part of this partnership. This doesn't mean other exchanges can't add us. We're just working directly with Moolah in a much larger sense to try to make Syscoin's capabilities more accessible to the masses so their's will be the first exchange we are listed on.
       
      Q: I didn't send enough BTC for my presale purchase because I forgot the network fee! What do I do?
      A: Simply "top up" the address you sent the initial payment to, within 6hrs you'll get a confirmation that you're top-up was successfully registered and presale purchase is complete.
        
      Q: How long have you been working on this project? And could you briefly describe your planned time commitment to this going forward?
      A: 8+ months, time commitment moving forward is as much time as we have outside of our normal day-job/lives and we are also on-boarding additional developers to supplement that capacity if/when needed.
       
      Q: How does the coin production/distribution setup provide insulation from the risk of massive miner/whale dumps? Is there an estimate out there of the max # of daily BTC trading volume that might be needed to absorb mined coins?
      A: If you check out the schedule here I think the values at the far right speak for themselves. Also keep in mind there is a 25btc limit per buyer in an attempt to insulate from an over-concentration of wealth leading to "massive dumps"
       

        
      Q: What immediate plans do you have beyond delivery of these core guaranteed features to further increase the value of the coin/network?
      A: Collected funds are being focused on several things, primarily building partnerships with large players in the crypto space (I mean companies, not whales). We're also going to be spending some of the collection on bounties, although not all of it as we do have a small amount of Syscoin for bounties as well. Then of course, future development; we're already trying to push additional features (2) into the coin prior to launch, on top of the 4 that are already completed. Outside of that we will hold much of the BTC for ongoing costs that we can't currently predict. We already have some deals in place that look to exercise the BTC we're collecting and the deals we're working on aren't cheap, but will ultimately take Syscoin to the next level. That being said nothing can be "guaranteed to increase value" in crypto as its a highly experimental field and as such we make no such claims.
       
      Q: Along those lines, are smart-contracts/prediction markets/futures/options things you plan to implement, or can see being (fairly quickly) implementable into this framework?
      A: Some aspects of what you're calling out could be implemented in Syscoin fairly quickly but we have other roadmap plans that supersede them in priority at the moment. Additionally we need to discuss our roadmap after escrow and reputation systems. Once we get past that feature set it seems like there isn't a strong call for one thing or another just yet so we we're going to focus on smart-contracts within Syscoin but things like prediction markets, futures and options are on the roadmap at the moment; doesn't mean they can't be added. Keep in mind the target demographic here is large financial markets, services and systems so we will be prioritizing features in that vein of development.
       
      Q: What do you consider the three biggest uncertainties regarding development implementation (either with core or future-beyond-core features)?
      A: How can we implement a fully automated escrow (we're working on an agent-based escrow currently)? How can we implement smart contracts as is commonly understood in crypto on top of the Syscoin Certificates foundational structure? Which features will be the most heavily leveraged and how will that possibly change the roadmap? ie: what if data storage is a the huge feature everyone uses instead of market or certificates? How would that change our strategy/would it?
       
      ---
      FAQ Last updated: 8/16/2014
       


      Bounties Have Begun!:
       
      *All bounties will be managed directly on Altcoingiveaways at THIS THREAD
       
      Please respond to bounties on altcoingiveaways. It is against BCT policy to manage such items here, and we want to abide by the rules so please head over to altcoingiveaways to lock in your bounty if you haven't already PM'd me.

      MPOS Merge-mined fork(be part of history and help us get merge-mining on every scrypt pool out there!) 100000 Sys
       
      First website using the Syscoin Blockchain 2000 Sys
      IRC Bot (with standard commands as well as pricing lookup, network hashrate, available pools, website referral 5000 Sys
      Setting up a charting site like Bitcoin wizdom 5000 Sys
      Games 2000 Sys
      An android wallet 5000 Sys
      Tip bots (all tip bots must be provided to the Syscoin team):
          Facebook 10000 Sys
          E-mail 10000 Sys
          Twitter 10000 Sys
          Reddit 10000 Sys

      News and social networking(Ongoing, can be claimed by multiple people):
       
      -- Write and publish a real news article about Syscoin. Must be on a well-known news site. We will check traffic stats. (Ongoing, can be claimed by multiple people)  10000Sys
      -- Write a blogpost about Syscoin. Must be of decent quality. (Ongoing, can be claimed by multiple people)  5000Sys
      -- Google+ add to Circles and +1 30sys
      -- Facebook likes 30sys
      -- Follow @syscoin and retweet 30sys
      -- Follow reddit and post on reddit 30sys
       

       


      Syscoin's difference, in action:
       
      Here is a video demo of simple Certificates in action as well as in image of the full Syscoin command list:
       
      Syscoin Certificates:

      Syscoin Commands:




       
      Syscoin Preann Frequently Asked Questions (FAQ):
       
      Q: Where is the whitepaper?
      A: Syscoin Overview Whitepaper (Draft)
       
      Q:Isn't this the same thing as NXT?
      A: No, NXT is an attempt at a Bitcoin rewrite from scratch and is NOT hosted on github for community contribution. Syscoin is on github and is a fork of the Bitcoin codebase.
       
      Q:Isn't this the same thing as BitHalo?
      A: Feature-wise there are parallels (smart contracts) but Syscoin takes its feature set further from what we know of BitHalo. Reading what's available about BitHalo it is a an abstraction on top of a blockchain, rather than being directly integrated. We need to do more research on this as its very new and the source code isn't available yet (that I know of) so we're operating largely off press-release/marketing information when it comes to technical comparisons to BitHalo.
       
      Q: When is the presale?
      A: The presale ended on August 16th, 2014. You can now purchase Syscoin directly at Mintpal for SYS/Fiat on Moolah's Trade.moolah.io
       
      Q: When is the launch date?
      A: The soft launch began on August 16th at 12:00pm PST
       
      Q: How will the presale proceeds be spent?
      A: It will be used to further adoption of Syscoin within the altcoin space, to build relations with other partners in the crypto/altcoin space, marketing and to cover past and future development and hosting costs for Syscoin related sites and services.
       
      Q: Can I see a video of the coin in action?
      A: Yes. Here it is! [INSERT VIDEO LINK]
       
      Q: How many people are on the team? Who are you?
      A: We have six people on the Syscoin team. We're an experienced team that has received rewards in the past for our work on other coins within the crypto community. We've taken that experience and decided to channel it into something real and innovative rather than another clone coin.
       
      Q: Where's the infographics?
      A: We have a graphic outlining the features in a psuedo-technical form here,
      we're working on a more robust infographic which we'll release soon.
       
      Q: Isn't SCRYPT dead? Why another SCRYPT coin?
      A: Scrypt is alive and well! The large driver for non-scrypt algorithms (x11, x13, x15, x[n]) is to try and combat ASICs since these hit the market just a few months ago. Because Syscoin uses block-by-block retargeting and can be merge-mined the proliferation of Scrypt ASICs are a good thing for Syscoin. This means that Scrypt mining is here to stay and the network will be healthy for a very long time.
       
      Q: Can I send any file on the blockchain using Syscoin?
      A: Yep. Each entry is currently limited to 0.5mb so you'd need to spread out larger files across several entries (like a multipart zip file) and of course fees will apply the more data you store, the more it will cost (unlike Namecoin these fees go to miners instead of being burned).
       
      Q: Could a 51% attack result in a certificate / asset double-spend?
      A: Technically, yes. We are looking at Slingshield to try and mitigate the possibility of this type of attack although it will not be implemented at launch, and we may improve upon it if we see the potential for enhancement. Merged-mining with any other Scrypt coin, however, ensures that the hash-rate will be widely spread-out between many pools so we doubt that this will be a problem, in the long-run at least.
       
      Q: How far is development?
      A: Development on the core feature set is complete. We are constantly looking for new ways to innovate and have many ideas for future development.
       
      Q: Wont this turn into a silk road?
      A: We are only offering the technology to facilitate distributed marketplaces. We aren't responsible for how it is leveraged.
       
      Q: Why doesn't it show the coin dev on the website?
      A: Our core crypto developer is very active but also holds a high level position within a private company outside of the crypto space that doesn't understand the crypto space. Because there is a concern of misconceptions by the employer regarding work-focus being in such a executive position, public references to our coin developer's personal information have been omitted until this is no longer a concern.
       
      ---
      FAQ Last updated: 7/19/2014
       


      8/5/2014:
      Important Announcement about initial Syscoin Service Fees

      In order to be as transparent as possible and to make clear this decision is a strategic one; we want to clarify some information about the “service fees” tied to Syscoin services. There is nothing like Syscoin currently on the market. Its closest competitors dramatically under-price their service offerings (speaking specifically about Namecoin). Due to the fact there are no analogous services in the “real world” by which to attempt to price Syscoin services. As such we will be following an initial pricing strategy that attempts some level of “price discovery”.
       
      What this means is that we don’t know how much posting an offer, reserving an alias, or storing data should cost. We do know that fees need to be high enough to add value / discourage abuse while not being prohibitively expensive. Because of this the initial service fee schedule for Syscoin services will be temporary. The prices for services will be on the high side to start and then decay on a fixed schedule until a predetermined block height at which we’ll release a new wallet that implements a more effective fee schedule based on the market activity we observe during the initial price discovery schedule period.
       
      Properly pricing these services is difficult as the price of Syscoin will certainly fluctuate and we don’t want to undervalue or overvalue these services. We’re pricing services based on the pre-sale regular phase price (0.00000518) which is arguably low meaning this may overprice services if it's value increases, something we’ll just have to observe and another reason for the decay schedule. We’re planning on pricing the Syscoin services fees very competitively relative to the cost of the closest comparable service in the real world such as domain name for aliases, ecommerce/ebay for the marketplace features, dropbox/googledrive/others for data storage etc.- keeping in mind that Syscoin services are distributed and cryptographically provable which the services being compared to do not provide.




      Moolah Partnership

      The Syscoin Team is pleased to announce that we've officially partnered with Moolah (Moopay LTD) (http://moolah.io). Moolah has secured the Syscoin presale via their escrow platform. We have a dedicated partnership in place so there will be a custom portal specifically for Syscoin presale investors to reserve their coins. Moolah has assist in distributing the Syscoin to investors via wallet.dat or pub/priv keys that can be imported directly into your Syscoin wallet.
       
      This partnership goes beyond just the presale and launch of Syscoin. Moolah offers a host of crypto related services to the global marketplace, they are not just limited to US customers. They have a trading platform, a merchant platform, and an escrow platform already in place and are in the process of building numerous other services for the crypto space. They have never once been hacked. This is a strategic partnership not only to provide a secure escrow platform for presale investors but also to allow for long term growth of Syscoin via an immediate ecosystem of services enabled by Moolah. Moolah is currently in the process of transitioning all of their core services to their V2 platform for assured reliability- Syscoin will be available through these services. Moolah's V2 trading platform as well as their recently acquired Mintpal, will also be the first exchanges to offer Syscoin.
       
      There are natural intersections between the services Syscoin offers and the platform capabilities Moolah can directly implement on top those distributed services. We look forward to exploring these possibilities with the Moolah team. Together we could bring the first decentralized large-scale marketplaces, digital certificates, datastore, and other such services to the mainstream market. We're excited to announce this partnership and move forward with such a well known pillar of the crypto community![/list][/list][/list]

      Syscoin: Business on the Blockchain. - Buy and sell goods and services, send encrypted messages and more all secured by the blockchain.
      Syscoin Website | Syscoin Whitepaper | Syscoin Team Price Peg
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      April 27, 2014, 08:31:54 PM
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      For later info
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      April 27, 2014, 08:32:51 PM
       #3

      This is going to be awesome!!

      Syscoin - Business on the Blockchain  https://bitcointalk.org/index.php?topic=757255
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      April 27, 2014, 08:33:04 PM
       #4

      Stop posting reserved, that's not allowed anymore.

      Will look into this when I have the time to read it properly.

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      April 27, 2014, 08:34:19 PM
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      Hi Dan, are you the dev or member of the team? How long has it taken to prepare all of this?

      "Merge-mineable coin with Certificate Issuance, Distributed Marketplace, Document Exchange, and Data Storage Services"

      Very cool, best of luck. Will be there  Wink

      All views are my own, except those that I have subconsciously inherited from my parents and those that I have nicked from far cleverer people.
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      April 27, 2014, 08:35:51 PM
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      looks promising
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      April 27, 2014, 08:48:06 PM
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      Oh it will be interesting alright, trust me.
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      Syscoin- Changing the way people do business.


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      April 27, 2014, 08:50:52 PM
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      Hi Dan, are you the dev or member of the team? How long has it taken to prepare all of this?

      "Merge-mineable coin with Certificate Issuance, Distributed Marketplace, Document Exchange, and Data Storage Services"

      Very cool, best of luck. Will be there  Wink

      Thanks for the question! I am primarily a managing member of the development team. Of course as needed I do development on whatever is needed, whenever needed- I have a variety of coding skills in my toolbelt so I help out on several "code" fronts (I did the graphics for this post!).

      Coderboo is *the* dev and really deserves the credit for these innovations. He has been working on this alone for 6+ months... in loose coordination with me for the past 3-4 months. Only in about the last month or so our release timelines tightened up dramatically due to the possibility of competition entering the market. For that reason I had to make some hard choices in terms of other projects I am involved with and how to spend my time. I feel there is significant innovation already present in Syscoin and the roadmap gets me even more excited- I want to be part of something disruptive and innovative!

      We all know the demand for a technology that facilitates decentralized markets is in high demand- look at DarkMarket. Syscoin is very similar except its sole purpose is not only to facilitate anonymous marketplace transactions... although it is certainly a capability launching in its initial feature set.

      Hope that helps, any other questions I'm happy to answer!

      Syscoin: Business on the Blockchain. - Buy and sell goods and services, send encrypted messages and more all secured by the blockchain.
      Syscoin Website | Syscoin Whitepaper | Syscoin Team Price Peg
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      April 27, 2014, 09:04:53 PM
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      Feel free to ask anything guys and we will try our best to answer
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      April 27, 2014, 11:10:49 PM
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      Whitepaper to follow
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      April 27, 2014, 11:18:26 PM
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      Whitepaper to follow

      Looking forward to it  Wink

      @danosphere - Thanks for the answer!

      All views are my own, except those that I have subconsciously inherited from my parents and those that I have nicked from far cleverer people.
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      April 27, 2014, 11:52:34 PM
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      Whitepaper to follow

      Looking forward to it  Wink

      @danosphere - Thanks for the answer!

      Glad to help! I'd really like to release an open-source marketplace web frontend built atop the Syscoin marketplace feature but that may come by means of a bounty. We already have several new screens in the wallet to browse all marketplace offers, as well as interact with the other core features of Syscoin.

      A web-based marketplace frontend that only displays a subset of the current offerings in the Syscoin marketplace (specific to a given market- ie: sysEbay) for instance would be a very clear way of communicating Syscoin's value proposition in a hands-on manner. The marketplace data can be stored as encrypted on unencrypted- that is up to the person implementing the frontend.

      Will be exciting to see what people build on top of the Syscoin framework! And this is just the beginning! We chose the name "Syscoin" so we could generically innovate within this coin, rather than calling it "Marketplacecoin" or something like that and being stuck to a single feature. The initial release will have the features called out in the OP, and we'll be putting in more features as we see what the community needs. An integrated escrow is already something we've talked about internally but won't be part of the initial launch (a natural follow-on to the marketplace feature).

      Syscoin: Business on the Blockchain. - Buy and sell goods and services, send encrypted messages and more all secured by the blockchain.
      Syscoin Website | Syscoin Whitepaper | Syscoin Team Price Peg
      Kotoriii
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      April 28, 2014, 12:47:17 AM
       #13

      Looks like a good concept on paper, will have to watch if it works out.
      hualehua
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      I am looking for a dev!


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      April 28, 2014, 01:00:10 AM
       #14

      Looks like a good concept on paper, will have to watch if it works out.
      bestwishesforit.
      sebastien1234
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      April 28, 2014, 04:20:54 AM
       #15

      Looks like a good concept on paper, will have to watch if it works out.

      It'll be even better when it's implemented Smiley

      Syscoin - Business on the Blockchain  https://bitcointalk.org/index.php?topic=757255
      sebastien1234
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      April 28, 2014, 04:25:25 AM
       #16

      Looks like a good concept on paper, will have to watch if it works out.
      bestwishesforit.

      Thank you very much for your support!

      Syscoin - Business on the Blockchain  https://bitcointalk.org/index.php?topic=757255
      BlackCoinNewbie
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      April 28, 2014, 04:40:57 AM
       #17

      That's a whole lot of talk from a creative writer. There are tons of alternatives that can do what you just described. Good luck tho!
      provenceday
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      April 28, 2014, 05:44:38 AM
       #18

      where is the white paper?

      thanks Smiley
      coderboo
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      April 28, 2014, 07:05:13 AM
       #19

      That's a whole lot of talk from a creative writer. There are tons of alternatives that can do what you just described. Good luck tho!

      Your skepticism is understandable. There's no creative writing going on here - just technical writing.

      For example, here are syscoind's commands for registering as a certificate issuer as well as for issuing and transferring certificates, as well as examples (Please forgive the markdown formatting but this is straight from the repo and I'm too tired to strip it out at the moment):

      ##certificate commands
      these commands deal with issuing and transferring certificates.

      **certissuernew** <title> <data>
      <title>: certificate title. max 255 chars.
      <data>: certificate data, max 64 kB
      **returns**
      [
          txid,
          certissuerkey
      ]
      **example:**
      $ syscoind certissuernew "Nerd Academy - We Teach you the Art of Nerd" "This certificate issuer is used to generate certificate of accreditations for our students. These are lifetime certificate and not honored if transferred or stolen."
      [
          "76ac8fc00b06c722918e6702837077bb27cf56a384f12935f5b3d40c7b3efc62",
          "d9d333abf5d9714f"
      ]


      **certissueractivate** <certissuerkey>
      <certissuerkey> certificate issuer key generated from certissuernew command.
      **returns**
          txid
      **example:**
      syscoind certissueractivate d9d333abf5d9714f
      2088c50c7de00c30ed6e6ffa0661b18ad148cf8b8dcc5927ae844e58e2b78678


      **certissuerupdate** <certissuerkey> <title> <data>
      <certissuerkey> certificate key
      <title>: certificate title. max 255 chars.
      <data>: certificate data, max 64 kB
      **returns**
          txid
      **example:**


      **certnew** <certissuerkey> <destaddress> <title> <data>
      <certissuerkey> certificate key
      <destaddress> destination Syscoin address
      <title>: certificate title. max 255 chars.
      <data>: certificate data, max 64 kB
      **returns**
      [
          txid,
          certkey
      ]
      **example:**
      $ syscoind certnew d9d333abf5d9714f Scq4eMRi8aRZxJXWas5MW8uxYCtZZgkcT1 "Certificate of Nerd Master" "Owner has achieved Nerd Mastery."
      [
          "6b79eaf9c171fb92a5873f86e0b1069dbd79359b0f0cce14c201fc8fd2863587",
          "d532408da773032a"
      ]

      **certtransfer** <certkey> <destaddress>
      <certkey>
      <destaddress>
      **returns**
      **returns:**


      **certissuerinfo** <certissuerkey>
      **example:**
      $ syscoind certissuerinfo d9d333abf5d9714f
      {
          "id" : "d9d333abf5d9714f",
          "txid" : "6b79eaf9c171fb92a5873f86e0b1069dbd79359b0f0cce14c201fc8fd2863587",
          "address" : "33h59NnTq48hgrFUXYBrpL6pGhgmE8Fdjk",
          "expires_in" : 123029,
          "title" : "Nerd Academy - We Teach you the Art of Nerd",
          "data" : "This certificate issuer is used to generate certificate of accreditations for our students. These are lifetime certificate and not honored if transferred or stolen.",
          "certificates" : [
              {
                  "id" : "d532408da773032a",
                  "txid" : "6b79eaf9c171fb92a5873f86e0b1069dbd79359b0f0cce14c201fc8fd2863587",
                  "height" : "483",
                  "time" : "1396857128",
                  "fee" : 0.00000000,
                  "title" : "Certificate of Nerd Master",
                  "data" : "Owner has achieved Nerd Mastery."
              }
          ]
      }


      **certinfo** <certkey>
      **example:**
      $ syscoind certinfo d532408da773032a
      {
          "id" : "d532408da773032a",
          "txid" : "6b79eaf9c171fb92a5873f86e0b1069dbd79359b0f0cce14c201fc8fd2863587",
          "height" : "483",
          "time" : "1396857128",
          "fee" : 0.00000000,
          "title" : "Certificate of Nerd Master",
          "data" : "Owner has achieved Nerd Mastery.",
          "issuer" : {
              "id" : "d9d333abf5d9714f",
              "txid" : "6b79eaf9c171fb92a5873f86e0b1069dbd79359b0f0cce14c201fc8fd2863587",
              "address" : "33h59NnTq48hgrFUXYBrpL6pGhgmE8Fdjk",
              "expires_in" : 123029,
              "title" : "Nerd Academy - We Teach you the Art of Nerd",
              "data" : "This certificate issuer is used to generate certificate of accreditations for our students. These are lifetime certificate and not honored if transferred or stolen."
          }
      }


      Those of you familiar with namecoin will immediately notice the similar command and info structures (well - except for maybe the nested data structures returned from certissuerinfo and certinfo.

      By the way - I'm the lead developer of syscoin, and I appreciate the creative writing compliment!  I've never had a summary feature description of one of my projects called that before.  I wrote a good chunk of the pre-announcement, which is a summary reflection of the current implemented syscoin feature set. I'm working on a more extensive white paper now.. Thanks for looking!
      snipsnoop
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      April 28, 2014, 05:43:59 PM
       #20

      where is the white paper?

      thanks Smiley

      Working on it, will announce here when ready. More info to follow shortly
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