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Author Topic: BTCD is no more  (Read 1315665 times)
cloudboy
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August 21, 2014, 03:40:44 AM
 #3901

I'm loving how stable the price is and how low the volume is. People are hodling and staking, not selling. To me, that confirms that we are still a bit under the radar, and pretty much everyone invested is a real supporter, not just pump and dumpers  Smiley
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TorrnA
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August 21, 2014, 04:10:05 AM
 #3902

I'm loving how stable the price is and how low the volume is. People are hodling and staking, not selling. To me, that confirms that we are still a bit under the radar, and pretty much everyone invested is a real supporter, not just pump and dumpers  Smiley

Yeah that is nice to see, especially considering the past week in crypto. We are maybe seeing some mini pumps but thats all, pretty stable otherwise.
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August 21, 2014, 04:50:45 AM
 #3903

We have been in the low volume retrenchment phase of the price cycle. usually a drop of 30% or even more is common during this phase. BTCD is actually slightly up, during retrenchment.
The entire selloff/recovery is not even observable in BTCD price, like its in its own universe

I think everyone is waiting for test release before going in bigger. I hope to solve the routing issue soon as that is biggest unfinished thing (not counting GUI)

James

http://www.digitalcatallaxy.com/report2015.html
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August 21, 2014, 05:41:47 AM
 #3904

We have been in the low volume retrenchment phase of the price cycle. usually a drop of 30% or even more is common during this phase. BTCD is actually slightly up, during retrenchment.
The entire selloff/recovery is not even observable in BTCD price, like its in its own universe

I think everyone is waiting for test release before going in bigger. I hope to solve the routing issue soon as that is biggest unfinished thing (not counting GUI)

James

Its nice to see that BTCD's universe is relatively unaffected and slightly up at this phase, its reassuring. Its just the lull before the storm, so to speak, as as far as test releases go then. Donations at this point would be welcomed assistance.
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August 21, 2014, 06:25:21 AM
 #3905

Just made a donation

Net amount: +45.08 BTCD
Transaction ID: 99d839994dfcec1aac0c48f8e3f67ec7459987f796230aaef48d06a8f56c037f
jl777
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August 21, 2014, 07:10:53 AM
 #3906

Does anybody have any requirements of the type of accounting info they need?
Without a blockchain to publicly link tx, it is of course a challenge to prove that you made a specific payment. Doing this, you are losing the privacy for this tx, but presumably if you are divulging this to the person you sent to, nothing is really changed.

My thinking is that if you teleport payment to someone and they say, "what payment? I dont see no payment." you would want to be able to prove that you did send them X amount. If they have cloned, there is proof that somebody did this and you have the info to prove that you had the telepod that was cloned. So at this level all that is needed is the detailed report of the telepods sent. This is all part of the existing protocol, so I just need to store this data (encrypted).

In the event of trusted teleports, we want to enforce good behavior, so we need to incinerate the actual telepods that have been accepted on the other side.

Now what if the person you send to is lying? he can say, it wasnt me that cloned your telepod and since Teleporting works a bit too well, it becomes a bit of an issue in this case!

To deal with this I am requiring signed confirmation for telepod delivery, so there will be verifiable proof that the recipient's public address signed for the receiving the telepods.

Any feedback on the type of reports you want will help me design the best way to extract this info

Thanks

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
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August 21, 2014, 07:15:19 AM
 #3907

I ran into minime on the poloniex trollbox of all places. He had an idea that is quite promising

he asked if it was possible to have a website where anybody can just go to and start a teleport
at first I didnt see how to do it, but I think it is actually possible!

it would need to be some sort of official teleporting website
the users input the info like amount, destination and they get an address to send their coins to.
Once it comes in, the teleport is done on behalf of the user. Since they are on a website, we cant enforce the BTCD deposit requirement, but we can much more easily collect a fee that is payable in BTCD

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
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August 21, 2014, 07:34:44 AM
 #3908

I ran into minime on the poloniex trollbox of all places. He had an idea that is quite promising

he asked if it was possible to have a website where anybody can just go to and start a teleport
at first I didnt see how to do it, but I think it is actually possible!

it would need to be some sort of official teleporting website
the users input the info like amount, destination and they get an address to send their coins to.
Once it comes in, the teleport is done on behalf of the user. Since they are on a website, we cant enforce the BTCD deposit requirement, but we can much more easily collect a fee that is payable in BTCD

James

It would be great especially to get a lot of people testing. Like I said before my concern is that it would isolate the site from the coin if they don't need to have BTCD.
That is if you are charging X % of whatever they are teleporting.
the fee needs to be paid in BTCD, and that would be done via realtime market purchase
So if it is done from the bitcoindark website and charging BTCD, that's a pretty bitcoindark user experience
for people with a BTCD wallet and pubaddr, they would get easier user experience, not sure of all the details yet

Things like if they want to make a local telepod, it is stored in BTCD

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
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August 21, 2014, 07:48:53 AM
 #3909

I ran into minime on the poloniex trollbox of all places. He had an idea that is quite promising

he asked if it was possible to have a website where anybody can just go to and start a teleport
at first I didnt see how to do it, but I think it is actually possible!

it would need to be some sort of official teleporting website
the users input the info like amount, destination and they get an address to send their coins to.
Once it comes in, the teleport is done on behalf of the user. Since they are on a website, we cant enforce the BTCD deposit requirement, but we can much more easily collect a fee that is payable in BTCD

James

It would be great especially to get a lot of people testing. Like I said before my concern is that it would isolate the site from the coin if they don't need to have BTCD.
That is if you are charging X % of whatever they are teleporting.
the fee needs to be paid in BTCD, and that would be done via realtime market purchase
So if it is done from the bitcoindark website and charging BTCD, that's a pretty bitcoindark user experience
for people with a BTCD wallet and pubaddr, they would get easier user experience, not sure of all the details yet

Things like if they want to make a local telepod, it is stored in BTCD
Oh yeah I forgot about the trading bot doing the conversion

Does anybody have any requirements of the type of accounting info they need?
Without a blockchain to publicly link tx, it is of course a challenge to prove that you made a specific payment. Doing this, you are losing the privacy for this tx, but presumably if you are divulging this to the person you sent to, nothing is really changed.

My thinking is that if you teleport payment to someone and they say, "what payment? I dont see no payment." you would want to be able to prove that you did send them X amount. If they have cloned, there is proof that somebody did this and you have the info to prove that you had the telepod that was cloned. So at this level all that is needed is the detailed report of the telepods sent. This is all part of the existing protocol, so I just need to store this data (encrypted).

In the event of trusted teleports, we want to enforce good behavior, so we need to incinerate the actual telepods that have been accepted on the other side.

Now what if the person you send to is lying? he can say, it wasnt me that cloned your telepod and since Teleporting works a bit too well, it becomes a bit of an issue in this case!

To deal with this I am requiring signed confirmation for telepod delivery, so there will be verifiable proof that the recipient's public address signed for the receiving the telepods.

Any feedback on the type of reports you want will help me design the best way to extract this info

Thanks

James

Is it possible to keep the status of your own TPs locally and display them in a section on the wallet? A 'darkchain' if you will..
Or even having this darkchain public and be able to look up the status based on some private key linked with each TP?
I don't know if it is possible to keep track of the anonymous transactions in a way that doesn't reveal any information, but allows any body to look up the status of their own TP.
you would need to be on your computer to get any sort of reporting, it is the only place where this info is. That's kind of what makes Teleport so hard to attack, you need to get access to all the nodes themselves. Of course these files will be encrypted so just access to the hardware is not enough, your wallet needs to get compromised

I am not going to even try to make this info publicly available after all the troubles to keep it private!

Also, I will just provide API that returns JSON with details needed for a GUI to make whatever sort of display is wanted.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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August 21, 2014, 08:04:59 AM
 #3910

https://nxtforum.org/index.php?topic=4667.0

The above has link to a web GUI that supports mgwBTCD
it is not reskinned yet, but those that want to test multigateway process with BTCD, it is available.
I think the graphics peoples should definitely try it out so you can get ideas on what graphics to change

it is not a one click installer process yet, if you have any problems, please dont ask me. Just post in the above thread

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
bitkokos
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August 21, 2014, 08:41:02 AM
 #3911



James, would it be possible to get automatic proof of stake by our addresses in blockchain?
I mean we won't have to leave our wallets open for staking.
The system will check PoS through the blockchain.

If this is possible it will be a great feature, I suppose

O_o
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August 21, 2014, 08:57:13 AM
 #3912



James, would it be possible to get automatic proof of stake by our addresses in blockchain?
I mean we won't have to leave our wallets open for staking.
The system will check PoS through the blockchain.

If this is possible it will be a great feature, I suppose

But then you aren't staking, so don't deserve extra coin. If people aren't staking, then there's no BTCD network supporting the coin.
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August 21, 2014, 10:09:04 AM
 #3913



James, would it be possible to get automatic proof of stake by our addresses in blockchain?
I mean we won't have to leave our wallets open for staking.
The system will check PoS through the blockchain.

If this is possible it will be a great feature, I suppose

The whole purpose of staking would be defeated because we want people to have their wallets open because wallets ARE the network. So people are getting "paid" for contributing to the sability of the network by staking (letting their wallets run).
Darkoth89
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August 21, 2014, 10:53:06 AM
 #3914

Is there ever going to be an android wallet? If you could stake from your mobile, id have it running 24/7, at the moment I can only stake about 9-12 hours a day.

At this point, im tempted to buy a cloud server and make it my staking machine..













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darkslash
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August 21, 2014, 11:11:26 AM
 #3915

when is somthing going to be released to make the price move ??
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August 21, 2014, 11:49:11 AM
 #3916

when is somthing going to be released to make the price move ??

You shouldn't be complaining about the BTCD blue light special on aisle three..... the price will rise in good time.  No features have been launched, so upward movement is in the near future.  For now, be happy you can still purchase at discounted prices  Smiley

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Cloud storage is about to change
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August 21, 2014, 11:51:11 AM
 #3917

when is somthing going to be released to make the price move ??

There is a estimated timetable for features and functions a few pages back, read up Smiley

Kahir - Scamming dev of Rebirthcoin https://bitcointalk.org/index.php?topic=798159.msg8977686#msg8977686 gets a free happy meal!!
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August 21, 2014, 12:10:03 PM
 #3918



James, would it be possible to get automatic proof of stake by our addresses in blockchain?
I mean we won't have to leave our wallets open for staking.
The system will check PoS through the blockchain.

If this is possible it will be a great feature, I suppose

But then you aren't staking, so don't deserve extra coin. If people aren't staking, then there's no BTCD network supporting the coin.
Yea well I'm not staking because the wallet is using a gig a day because of rogue nods on wrong software.....it needs sorting

Jon

          dICO Disguised Instant Cash Out
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August 21, 2014, 12:24:50 PM
 #3919



James, would it be possible to get automatic proof of stake by our addresses in blockchain?
I mean we won't have to leave our wallets open for staking.
The system will check PoS through the blockchain.

If this is possible it will be a great feature, I suppose

But then you aren't staking, so don't deserve extra coin. If people aren't staking, then there's no BTCD network supporting the coin.
Yea well I'm not staking because the wallet is using a gig a day because of rogue nods on wrong software.....it needs sorting

Jon

He gave you 2 suggested IP's to block. Did you?

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August 21, 2014, 12:42:57 PM
 #3920

P.S. I also tend to get much hotter girls than these really smart guys, so there is always that



yah, I went there  Grin
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