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Author Topic: Bitmark  (Read 622155 times)
Androidicus
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November 13, 2014, 03:57:44 PM
 #1841

Go well @melvster! [and come back soon]...

Have a damn good rest!

Massive respect Smiley

Failure is success waiting to happen...
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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November 14, 2014, 11:00:20 PM
 #1842

watching this coin for a while now, good job so far guys! keep it up

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November 18, 2014, 05:01:14 AM
 #1843

Hi I've been following this thread since the summer when I accumulated some btm, watching and thinking of how to get involved and most recently have been trying to follow the mining / slow block confirmation issue. Relatively green to mining and not connecting the dots I tried to send some btm to Polo and to my surprise not one block confirmation has occurred in 29 hrs and am wondering about the prognosis for seeing additional block confirmations in the near future and ultimately securing my btm pending confirmation.  I'm confident the Dev and Community will get to the bottom of this but am wondering if there's a way to get a read on the overall strength of the network to estimate future block confirmations.
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November 18, 2014, 01:57:47 PM
 #1844

Hi I've been following this thread since the summer when I accumulated some btm, watching and thinking of how to get involved and most recently have been trying to follow the mining / slow block confirmation issue. Relatively green to mining and not connecting the dots I tried to send some btm to Polo and to my surprise not one block confirmation has occurred in 29 hrs and am wondering about the prognosis for seeing additional block confirmations in the near future and ultimately securing my btm pending confirmation.  I'm confident the Dev and Community will get to the bottom of this but am wondering if there's a way to get a read on the overall strength of the network to estimate future block confirmations.

The Dev and the community are thinking about possible, long term viable solutions. Look at post #1845 for part of that discussion
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November 18, 2014, 06:56:32 PM
 #1845

Good Day,

Everyone, within our ever-expanding Bitmark Community, should be well aware of the direction our Project is going. The discourse and contributions made over the past few weeks have allowed us to refine our focus.

Mark shall develop the fundamental aspects of the Marking. If there are any aspects of this project that you feel compelled to contribute to, we appreciate and encourage your assistance as we drive forward with development.

For a detailed Roadmap to Development - Please follow this link

https://bitmark.aha.io/published/4457ddb73f8f65e4b34ace9b319a4942?page=1

CISSP | PMP | CEH

Bitmark: Project Manager & PR Coordinator


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igba
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November 19, 2014, 08:24:56 PM
 #1846

Good Day,

Everyone, within our ever-expanding Bitmark Community, should be well aware of the direction our Project is going. The discourse and contributions made over the past few weeks have allowed us to refine our focus.

Mark shall develop the fundamental aspects of the Marking. If there are any aspects of this project that you feel compelled to contribute to, we appreciate and encourage your assistance as we drive forward with development.

For a detailed Roadmap to Development - Please follow this link

https://bitmark.aha.io/published/4457ddb73f8f65e4b34ace9b319a4942?page=1

thank you for sharing! this is great Smiley
batesresearch
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November 19, 2014, 08:43:19 PM
 #1847

Good Day,

Everyone, within our ever-expanding Bitmark Community, should be well aware of the direction our Project is going. The discourse and contributions made over the past few weeks have allowed us to refine our focus.

Mark shall develop the fundamental aspects of the Marking. If there are any aspects of this project that you feel compelled to contribute to, we appreciate and encourage your assistance as we drive forward with development.

For a detailed Roadmap to Development - Please follow this link

https://bitmark.aha.io/published/4457ddb73f8f65e4b34ace9b319a4942?page=1

Thanks for sharing, that's a great roadmap.

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coinsolidation (OP)
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November 19, 2014, 09:29:13 PM
 #1848

Thank you to Medic for his hard work and help managing the project.

I'd just like to say that the mining concerns have been noted, we have to viable proposals, and potentially a chance to implement one of them in a different coin next week to give it a try before we adopt it properly.  for now the BTM supply is very low, in fact we hit 50% emission earlier today.  There should be 1.85 million and we have less than 924k so far, some days only 100 created out of a possible 14,400!  The mining is tough, but limited supply is doing it's job for now.

Back to work.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
klopper
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November 19, 2014, 09:59:11 PM
 #1849

Thank you to Medic for his hard work and help managing the project.

I'd just like to say that the mining concerns have been noted, we have to viable proposals, and potentially a chance to implement one of them in a different coin next week to give it a try before we adopt it properly.  for now the BTM supply is very low, in fact we hit 50% emission earlier today.  There should be 1.85 million and we have less than 924k so far, some days only 100 created out of a possible 14,400!  The mining is tough, but limited supply is doing it's job for now.

Back to work.

With time and as the project moves forward, so will demand. Because the supply is low, price will go up. Price goes up, more miners. More miners = stable nework.
So in my opinion it's perfect as is.

Keep up the good work! Smiley
johndec2
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November 20, 2014, 08:38:23 AM
 #1850

I was thinking of sending some BTM to Bittrex to raise some fiat to pay the bills. Umm. Bad idea.  The nethash has found 1 block in the last 24 hours.  I'm guessing that Bittrex requires at LEAST 5 confirms.  That is the best part of a week. 

I can't sell the coin.  If I buy the coin it could take up to a day to land in my wallet at 1 confirm....  Guys, this is not a sustainable situation.  Yeah, some merchants will take it with zero confirms but how does that help a miner pay his electricity bill?
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November 20, 2014, 07:42:50 PM
 #1851

I was thinking of sending some BTM to Bittrex to raise some fiat to pay the bills. Umm. Bad idea.  The nethash has found 1 block in the last 24 hours.  I'm guessing that Bittrex requires at LEAST 5 confirms.  That is the best part of a week. 

I can't sell the coin.  If I buy the coin it could take up to a day to land in my wallet at 1 confirm....  Guys, this is not a sustainable situation.  Yeah, some merchants will take it with zero confirms but how does that help a miner pay his electricity bill?

Yeah, before it was more of a minor inconvenience for people and now it's more than that. We're discussing the issue in slack now.
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November 21, 2014, 01:31:50 PM
 #1852

Good Day,

Everyone, within our ever-expanding Bitmark Community, should be well aware of the direction our Project is going. The discourse and contributions made over the past few weeks have allowed us to refine our focus.

Mark shall develop the fundamental aspects of the Marking. If there are any aspects of this project that you feel compelled to contribute to, we appreciate and encourage your assistance as we drive forward with development.

For a detailed Roadmap to Development - Please follow this link

https://bitmark.aha.io/published/4457ddb73f8f65e4b34ace9b319a4942?page=1

+100 !

Great work you've been doing there.
Djinou94
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November 21, 2014, 01:59:09 PM
 #1853

Good Day,

Everyone, within our ever-expanding Bitmark Community, should be well aware of the direction our Project is going. The discourse and contributions made over the past few weeks have allowed us to refine our focus.

Mark shall develop the fundamental aspects of the Marking. If there are any aspects of this project that you feel compelled to contribute to, we appreciate and encourage your assistance as we drive forward with development.

For a detailed Roadmap to Development - Please follow this link

https://bitmark.aha.io/published/4457ddb73f8f65e4b34ace9b319a4942?page=1

+100 !

Great work you've been doing there.

Wow never seen a roadmap like this
Good work
82ndabnmedic
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November 21, 2014, 04:04:47 PM
 #1854

thank you for sharing! this is great Smiley

Thanks for sharing, that's a great roadmap.

Thank you to Medic for his hard work and help managing the project.

+100 !
Great work you've been doing there.

Wow never seen a roadmap like this
Good work

Thanks, I certainly appreciate the kind comments.

Aha! is just one of the tools the Bitmark Team has at its disposal…we may have a few more under our sleeve.  Wink

Furthermore, Mark has been hard at work pushing quite a few commits forward.  Smiley 

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ThousandFaces
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November 26, 2014, 02:38:58 AM
 #1855

How do I use the brain wallet generator (http://bitmark.co/brain/) to make an encrypted paper wallet? Is it possible? Is there a paper wallet generator for BTM?
coinsolidation (OP)
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November 26, 2014, 12:49:03 PM
 #1856



Due to unforeseen circumstances, we had to shift focus to resolve some real world issues for a members of our community over the past few days.  As such delivery of the multi-user wallet api is now postponed until Friday, and the Marking layer over the weekend.  The music curation service is an externally developed project and is still scheduled for the 15th December.  Additionally, we hope to have UI designs from them for release early next week.

Thank you for your continued support, and special thanks to those in the community and on the ground who helped us address the situation, it's an honour to work with such exceptional people.


Bitmark (reputation+money) : Bitmark v0.9.4 (release)
coinsolidation (OP)
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November 26, 2014, 12:53:04 PM
 #1857

How do I use the brain wallet generator (http://bitmark.co/brain/) to make an encrypted paper wallet? Is it possible? Is there a paper wallet generator for BTM?


This generator creates private/public keypairs for the Bitmark network, it does not as yet provide BIP-38 encrypted paper wallets. I'll add a task to create one to our queue, community development of such items is also welcomed.

In the mean time we do have inuit which works as an encrypted cold storage solution.


Bitmark (reputation+money) : Bitmark v0.9.4 (release)
ThousandFaces
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November 26, 2014, 01:23:30 PM
 #1858

How do I use the brain wallet generator (http://bitmark.co/brain/) to make an encrypted paper wallet? Is it possible? Is there a paper wallet generator for BTM?


This generator creates private/public keypairs for the Bitmark network, it does not as yet provide BIP-38 encrypted paper wallets. I'll add a task to create one to our queue, community development of such items is also welcomed.

In the mean time we do have inuit which works as an encrypted cold storage solution.



Thank you for the reply! And thanks for the link. The inuit python program is a bit above my head though...
82ndabnmedic
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November 26, 2014, 03:43:31 PM
 #1859

Wanted to take a minute to express my grated toward the Bitmark Community.

Y'all are truly an amazing group of people. Looking back, Mark was a genius to structure the OP in such a way, as it mitigated noise and promoted the healthy growth of a community of like minded people. As Mark stated, we had an urgent matter within the community. Thankfully, we were effectively able to impact the life of an esteemed member of our community, half-way across the globe.

Additionally, the timeline has shifted to the right and the next milestone looks to be on target for this weekend.

Y'all have a great week, Happy Thanksgiving and enjoy the holidays...Don't forget to spend time with the people you love.  Wink

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melvster
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November 27, 2014, 11:18:46 AM
 #1860

Wanted to take a minute to express my grated toward the Bitmark Community.

Y'all are truly an amazing group of people. Looking back, Mark was a genius to structure the OP in such a way, as it mitigated noise and promoted the healthy growth of a community of like minded people. As Mark stated, we had an urgent matter within the community. Thankfully, we were effectively able to impact the life of an esteemed member of our community, half-way across the globe.

Additionally, the timeline has shifted to the right and the next milestone looks to be on target for this weekend.

Y'all have a great week, Happy Thanksgiving and enjoy the holidays...Don't forget to spend time with the people you love.  Wink

That's great news.

In a DAC no one is expected to meet every milestone, in fact, the autonomous nature is that no one should feel expected to contribute at all.  That people step up to the plate and volunteer, time, code, donations and mining is a remarkable thing.

The project plan looks very cool and well put together.

In all projects, unexpected things come up, and it's great that the community has been able to get trough these challenges.  

However, I will note that the first release was anticipated on 21st Nov. and we didnt have any word until the 26th, 5 days later, that it was going to be late.  Indeed, those of us that waited were told on the 21st that it the release was still expected that day.  While I dont think it was a particularly mission critical release, in fact I still am unclear what MEWA is, there was general excitement in the community as it would have been the first lines of actual code we got to see after several months of waiting.  Until then it's been on track for either 2 days away, or the end of the week, for about 10 weeks, rolling.  I think it's unfortunate, because had this not been the first lines of code of core marking, I think there would have not been so much excitement and expectation.

I know this is an alt coin and such things, if not worse, are quite normal.  However, this track record has left considerable doubt of the future claims of the project, even to some of the most staunch supporters.

It's really encouraging that people are taking a the time to offer transparency and expected milestones.  But it would be helpful for everyone in the community if those milestones are realistic, and if some consideration is shown when not able to meet them.  I stress that this is not a must, and there is no obligation here, but this is a general code of conduct consistent with the very highest quality, and long term successful open source projects.
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