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Author Topic: BTCD is no more  (Read 1313253 times)
IceColdTommy
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August 07, 2014, 11:27:57 AM
 #2761

Anon Card assets distributed to the following accounts so far:

NXT-PMSG-QVK7-W9ZW-4FNPJ
NXT-6N6W-C2TE-X7E4-8ZH9K
NXT-ZVEL-JK47-7THC-55YSU
NXT-FTNF-HRF4-LX7L-GYBHK
NXT-CDZV-JZKZ-EYDD-4XUG3
NXT-4LNS-4LA2-MUCL-3PJ99
NXT-WV2E-QTMH-45HZ-H6HY6
NXT-GGLT-46SH-EW5T-DCGBU

4 people did not send a NXT ID yet. 2 people did send a NXT ID but have not yet replied via NXT to my message I sent via NXT.
Which NXT addresses didn't responded?
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SpringfieldM1A
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August 07, 2014, 11:32:37 AM
 #2762

The BTCD -> visa/mastercard and BTCD -> anon card will gather a LOT of interest I am sure. That is what is lacking in today's crypto scene, anonymous sending of funds is all very good and useful, but a way to transfer cryptocurrency back to fiat anonymously is something that is truly revolutionary. There are alternatives, like (semi) anonymous prepaid creditcards but with all those options there is at least one point where someone is obligated to submit proof of identity. You could for example buy an anon card with a linked EU IBAN bankaccount and then withdraw fiat from Bitstamp into that account, but first you need to be verified and identified by sending a copy of your passport and proof of residence. The same holds true for other exchanges where you can withdraw fiat. Topping up a standard prepaid creditcard can be done by bankwire, but then your sending account is linked to the card, rendering it non anonymous.

Being able to top up a prepaid visa/mastercard with fiat converted from (anonymously sent) BTCD and then use the card to withdraw fiat at any ATM where VISA/Mastercard is accepted (in over 100 countries) is simply awesome.

Also the ability to link the anon card with a PayPal account offers many other different options.
I try to solve the real world problems to make crypto as useful as possible. It helps that I am a generalist

Come to think of it, BTCD -> visa/mastercard and BTCD -> anon card, will allow any cryptocurrency to be anonymously converted back into fiat. You just have to exchange your other crypto for BTCD and then load the card with that converted BTCD. This will increase the demand for BTCD, it's like a "back to fiat multipool paying out in BTCD"

Furthermore, any cryptocurrency can be anonymously sent to an exchange under BTCD's "Teleport umbrella" doubling the anonymity layer in preparation for the anonymous switch back to fiat.

I see what you did there James, very clever indeed.
With InstantDEX there will be tradebots that automatically convert BTCD -> BTC so BTCD can be spent anywhere BTC is accepted. Wouldnt be hard to make autoconverters for any other coin, as long as there was enough liquidity

I am sure there will be peoples to make cool services to help with the entry and exit out of "hyperspace", those are the two public checkpoints with all the risk of exposure so you really need to be careful. With a combination of tradebots, anon card and public services, I think there will be a totally cash like economy within crypto. Powered by BTCD

James


The BTCD -> visa/mc is separate service, that is not anon as visa/mc are not anon
so you just want the BTCD anon card, you just need BTCD. No need for exchange.

Just do this:
1. BTC -> MGW
2. use InstantDEX to swap BTC assets for BTCD assets
3. withdraw from MGW to anon card deposit address.

Since I imagine this will be popular activity, I can make tradebot just for this use case. Then it is:
1. Send BTC to anon autoconvert tradebot -> anon card
anon card can then be used for online purchase or withdraw cash from ATM

Now you do need to already have an MGW deposit address and have gotten the deposit address for the anon card, but that is onetime action


Ah I get it ! well that is even better, thanks for your updates. Excuse me while I go try to buy a ton of BTCD while it is still trading under 300k.
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August 07, 2014, 11:33:18 AM
 #2763

I have some news. Its not official yet as I just got some early test results and day is late so maybe I made a mistake. I want to verify when I am fresh.

I believe I got multisig support added to telepods. This allows combining of privacy with protection of multisig

So, it took me off the fast track to completion, but I think we all agree it is worth a few days delay to get multisig Teleport

James

P.S. The white rabbit will now have N versions of it beamed across random nodes (third onion layer) and then reconstructed at the destination. Poor guy. Especially since my M of N multisig looks like it will handle up to N of 254!

I want to congratulate you on your awesome work, thank you for being such a hardworking and delivering dev. I can assure you that this thread is being watched by more potential investors every day. I think that BitcoinDark will be trading up with the big boys in the top 10 very soon.
Even without a high marketcap BTCD will start getting dividends from InstantDEX and NXTprivacy (primarily BTC teleport fees) in the coming months. So added to the 5% per year staking, it will be the only coin I know of getting dividends in BTC (and NXT)

Put all this into a reskinned NXT GUI and building on top of NXT so we instantly get all that fantastic tech as part of BTCD user experience, it will indeed be hard to prevent rising to Top 10. I was content with top 10 by year end, but I guess it will be top 10  as soon as people believe that I will deliver the tech. Of course smart investors are checking my github repo and they can see the rapid progress, plus with my MGW getting a bunch of press, my finishing the tech is probably only an issue for those not familiar with my work in NXT.

Anyway the darkpaper is coming along nicely, though the adding of multisig threw a bit of a delay into it, I can just imagine someone trying to figure out who sent what to whom when all they see are encrypted UDP packets buzzing around from node to node. How can you even tell if a node is just routing a packet or originating? Once the darkpaper is out, then, well not sure what will happen...

I believe BTCD will be the first coin that businesses can use without worrying about their competition knowing their every transaction. The multisig feature will allow them to have layers of control over internal funds transfers and this also avoids cloning for such cases. This means businesses can teleport BTC around privately.

James

P.S. Now I am realizing I should have bought more BTCD!


Amazing! History making Smiley
zhonghao110
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August 07, 2014, 11:35:58 AM
 #2764

Next    drk,new   drk
noashh
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August 07, 2014, 11:41:01 AM
 #2765

Anon Card assets distributed to the following accounts so far:

NXT-PMSG-QVK7-W9ZW-4FNPJ
NXT-6N6W-C2TE-X7E4-8ZH9K
NXT-ZVEL-JK47-7THC-55YSU
NXT-FTNF-HRF4-LX7L-GYBHK
NXT-CDZV-JZKZ-EYDD-4XUG3
NXT-4LNS-4LA2-MUCL-3PJ99
NXT-WV2E-QTMH-45HZ-H6HY6
NXT-GGLT-46SH-EW5T-DCGBU

4 people did not send a NXT ID yet. 2 people did send a NXT ID but have not yet replied via NXT to my message I sent via NXT.
Which NXT addresses didn't responded?

http://nxtreporting.com/?a=NXT-ALP6-JWLS-K25S-DYTMB
http://nxtreporting.com/?a=NXT-AZN8-DULQ-3W7S-3CA5S
IceColdTommy
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August 07, 2014, 11:43:30 AM
 #2766

Anon Card assets distributed to the following accounts so far:

NXT-PMSG-QVK7-W9ZW-4FNPJ
NXT-6N6W-C2TE-X7E4-8ZH9K
NXT-ZVEL-JK47-7THC-55YSU
NXT-FTNF-HRF4-LX7L-GYBHK
NXT-CDZV-JZKZ-EYDD-4XUG3
NXT-4LNS-4LA2-MUCL-3PJ99
NXT-WV2E-QTMH-45HZ-H6HY6
NXT-GGLT-46SH-EW5T-DCGBU

4 people did not send a NXT ID yet. 2 people did send a NXT ID but have not yet replied via NXT to my message I sent via NXT.
Which NXT addresses didn't responded?

http://nxtreporting.com/?a=NXT-ALP6-JWLS-K25S-DYTMB
http://nxtreporting.com/?a=NXT-AZN8-DULQ-3W7S-3CA5S
i have them on skype will send msg again now
goldmaxx
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August 07, 2014, 11:45:37 AM
 #2767

Next    drk,new   drk

Next BTC...BTC-Dark ;-)

PhilipMorris
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August 07, 2014, 11:53:55 AM
 #2768

We are starting to see good movement in price  Smiley

Good job James
I am trying to provide realtime updates on progress to create an "escalator" effect. I worry that if I waited and just released everything all at once, people will overreact and we get another massive pump. "Slow" steady 5% per day is a doubling every two weeks, so it doesnt take long to get to any price level if you can get consistent gains.

I guess my multisig breakthrough will make more than 5% for today...
That's even with the corresponding delay in release.

What I am concerned about is that when I add support to teleport and multisig NXT that a large percentage of NXT community will adopt BTCD. With thousands of active NXT'ers, well there just isnt enough BTCD to go around. I guess some price volatility cannot be avoided.

Anyway, I try to get some rest before I put in the multisig properly tomorrow. Today was just a brute force test to verify it really did handle M of 254 properly. It did.

James

I think this is a very good way of keeping investors up to date James. Although I can barely understand anything of what you explain, I still read all your posts  Wink

The anon debit card really caught my interest aswell. Where can I apply/buy one of these cards? How much will they costs?

Again, keep up the good work!
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August 07, 2014, 11:55:29 AM
 #2769

We are starting to see good movement in price  Smiley

Good job James
I am trying to provide realtime updates on progress to create an "escalator" effect. I worry that if I waited and just released everything all at once, people will overreact and we get another massive pump. "Slow" steady 5% per day is a doubling every two weeks, so it doesnt take long to get to any price level if you can get consistent gains.

I guess my multisig breakthrough will make more than 5% for today...
That's even with the corresponding delay in release.

What I am concerned about is that when I add support to teleport and multisig NXT that a large percentage of NXT community will adopt BTCD. With thousands of active NXT'ers, well there just isnt enough BTCD to go around. I guess some price volatility cannot be avoided.

Anyway, I try to get some rest before I put in the multisig properly tomorrow. Today was just a brute force test to verify it really did handle M of 254 properly. It did.

James

I think this is a very good way of keeping investors up to date James. Although I can barely understand anything of what you explain, I still read all your posts  Wink

The anon debit card really caught my interest aswell. Where can I apply/buy one of these cards? How much will they costs?

Again, keep up the good work!

The cards are being provided through coinomat.com
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August 07, 2014, 12:00:25 PM
 #2770

We are starting to see good movement in price  Smiley

Good job James
I am trying to provide realtime updates on progress to create an "escalator" effect. I worry that if I waited and just released everything all at once, people will overreact and we get another massive pump. "Slow" steady 5% per day is a doubling every two weeks, so it doesnt take long to get to any price level if you can get consistent gains.

I guess my multisig breakthrough will make more than 5% for today...
That's even with the corresponding delay in release.

What I am concerned about is that when I add support to teleport and multisig NXT that a large percentage of NXT community will adopt BTCD. With thousands of active NXT'ers, well there just isnt enough BTCD to go around. I guess some price volatility cannot be avoided.

Anyway, I try to get some rest before I put in the multisig properly tomorrow. Today was just a brute force test to verify it really did handle M of 254 properly. It did.

James

I think this is a very good way of keeping investors up to date James. Although I can barely understand anything of what you explain, I still read all your posts  Wink

The anon debit card really caught my interest aswell. Where can I apply/buy one of these cards? How much will they costs?

Again, keep up the good work!
I have worked hard to make the darkpaper accessible to normal people without advanced math degrees, from the feedback so far, it seems to be achieving this.

http://nxtprivacy.org/ has some very basic info, just a short text page with the essentials. You can checkout coinomat.com to see how it will work

James

P.S. It's not just me, there are many others behind the scenes doing lots of good stuff too!

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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August 07, 2014, 12:23:04 PM
 #2771

Price is already going crazy, so I will sneak in another bit of news, it probably will get lost in all the excitement. Not really that big of a deal as we are not on any Chinese exchanges (yet), but I am having the darkpaper translated into Chinese.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
SpringfieldM1A
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August 07, 2014, 12:34:56 PM
 #2772

Price is already going crazy, so I will sneak in another bit of news, it probably will get lost in all the excitement. Not really that big of a deal as we are not on any Chinese exchanges (yet), but I am having the darkpaper translated into Chinese.

James

Awesome Smiley well the price is indeed going crazy. Considering all the developments that are coming out this is only just the beginning. Top 10 very soon, Top 5 a little later. All crypto will benefit from BTCD.
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August 07, 2014, 12:48:14 PM
 #2773

Price is already going crazy, so I will sneak in another bit of news, it probably will get lost in all the excitement. Not really that big of a deal as we are not on any Chinese exchanges (yet), but I am having the darkpaper translated into Chinese.

James

Awesome Smiley well the price is indeed going crazy. Considering all the developments that are coming out this is only just the beginning. Top 10 very soon, Top 5 a little later. All crypto will benefit from BTCD.
yes
my goal is to make all crypto much more powerful
I do not believe in zero sum game many play
when market is growing exponential, everyone can win, of course some will win more than others Smiley

Also, anybody thinks BTC is going to be dethroned anytime soon, needs to study Microsoft DOS -> Windows history
It wont matter how good the alternatives are, the network effect is too strong.
So if you cant beat them, join them!

BTCD will enable BTC itself to go dark. Very cool
ok, gotta go, too many ideas now, hard to sleep, but gotta rest up for some complex coding tomorrow

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
cryptomad
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August 07, 2014, 12:56:16 PM
 #2774

Im so glad im holding 30,000btcd And Ive traded 30btc worth so far,Btcd To the moon..

Spend GCN at World of electronics Transfer files at www.gfile.us 10k free per transfer Smiley
cloudboy
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August 07, 2014, 01:14:42 PM
 #2775

Price is already going crazy, so I will sneak in another bit of news, it probably will get lost in all the excitement. Not really that big of a deal as we are not on any Chinese exchanges (yet), but I am having the darkpaper translated into Chinese.

James

To be honest, the Chinese probably have as much or more to gain from anonymous transactions as any of us. If they get involved, all bets concerning price are off.
jeezy
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August 07, 2014, 01:15:24 PM
 #2776

Price is already going crazy, so I will sneak in another bit of news, it probably will get lost in all the excitement. Not really that big of a deal as we are not on any Chinese exchanges (yet), but I am having the darkpaper translated into Chinese.

James

Awesome Smiley well the price is indeed going crazy. Considering all the developments that are coming out this is only just the beginning. Top 10 very soon, Top 5 a little later. All crypto will benefit from BTCD.
yes
my goal is to make all crypto much more powerful
I do not believe in zero sum game many play
when market is growing exponential, everyone can win, of course some will win more than others Smiley

Also, anybody thinks BTC is going to be dethroned anytime soon, needs to study Microsoft DOS -> Windows history
It wont matter how good the alternatives are, the network effect is too strong.
So if you cant beat them, join them!

BTCD will enable BTC itself to go dark. Very cool
ok, gotta go, too many ideas now, hard to sleep, but gotta rest up for some complex coding tomorrow

HODL!
clovis A.
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August 07, 2014, 01:58:43 PM
 #2777

Unbelievable!  Sure can't step away very long without missing a plethora of amazing news...... and I thought development was moving quickly 24 hours ago........ we've just hit hyper speed!  And so has the rate of increase on the price....... wish I had picked up more when I had the opportunity.  Amazing work james, utterly amazing dude!!!!!!

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Cloud storage is about to change
                          Are you ready?
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August 07, 2014, 02:31:06 PM
 #2778

Unbelievable!  Sure can't step away very long without missing a plethora of amazing news...... and I thought development was moving quickly 24 hours ago........ we've just hit hyper speed!  And so has the rate of increase on the price....... wish I had picked up more when I had the opportunity.  Amazing work james, utterly amazing dude!!!!!!

Yeah glad I picked up another 1k when it sill was at 14. Now 28 and rising fast.

Seems like with every line of code James publishes the value rises exponentially Wink
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August 07, 2014, 03:11:02 PM
 #2779

9000 btc buys? Is that a pump again?
But you can buy on each price. It will rise whatever happens........
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August 07, 2014, 03:25:28 PM
 #2780

Unbelievable!  Sure can't step away very long without missing a plethora of amazing news...... and I thought development was moving quickly 24 hours ago........ we've just hit hyper speed!  And so has the rate of increase on the price....... wish I had picked up more when I had the opportunity.  Amazing work james, utterly amazing dude!!!!!!

I love your eloquence Smiley anyone who uses the word "plethora" gets an upvote from me.

And I agree, this is high tech development at hyperspeed. James is a coding beast.
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