BitcoinDark Slack Logs--Selected Recent Postskitchentable (sprnt)BOT 12:00 PMI'll have to leave my wallet running to stake during the night for now on. I normally turn it off when sleeping. Since dividends is based on number of blocks stakes it is best to leave it running at all times even with a large amount of coins because eventually that large amount end up staking with fewer amount of coins.
btcddev - BTCDDev bitcoindark (sprnt)BOT 12:01 PM@kitchentable: hopefully I can get this program done today to calculate dividends
kitchentable (sprnt)BOT 12:04 PMI've been staking since the beginning so I figured out letting the wallet run with rest gives me somewhere from 20 to 30 blocks a day. If you only turn it on once a week you get two blocks for the day but they have a large amount of coins in it.
btcddev - BTCDDev bitcoindark (sprnt)BOT 12:11 PMDividends will give an incentive to stake more blocks though
And have the added effect of increased network security
kitchentable (sprnt)BOT 12:20 PMI like the idea of per block over just the amount being staked. Figured I'd mention how to stake more blocks for anyone that might have questions.
btcddev - BTCDDev bitcoindark (sprnt)BOT 12:21 PMme too
jl777 - james lee (sprnt)BOT 12:21 PMit is a very good incentive for more stakers at all times
btcddev - BTCDDev bitcoindark (sprnt)BOT 12:22 PMI am excited about the idea to have simple rpc calls to pay dividends. jl777 hopefully i can do this and make a pull request soon. although i can also put it in the laowais repo
so many use cases, especially with crypto777
returning an array of output addresses of coinbase txs should be trivial. creating raw txs to pay dividends will be more work
jl777 - james lee (sprnt)BOT 12:25 PMI will be making such functionality in the coming days
btcddev - BTCDDev bitcoindark (sprnt)BOT 12:26 PMcool
jahl (sprnt)BOT 1:55 PMthings are starting to get together for BTCD :smile:
crackers - crackfoo (sprnt)BOT 1:58 PMit's nice to look at nxtreporting and see ALL your asset's are green
jahl (sprnt)BOT 2:52 PMdepends wether you have low buys or not :smile:
cassius - cassius (sprnt)BOT 2:56 PMAt some point you got to want to start selling instead of buying :simple_smile:
You've had enough months of bears
jahl (sprnt)BOT 3:00 PMalways looking for that one left over bear tho :simple_smile:
pondsea - pondsea (sprnt)BOT 4:15 PM cassius [5:56 AM]At some point you got to want to start selling instead of buying :simple_smile:
You keep hodling :smile:
cassius - cassius (sprnt)BOT 4:18 PM:simple_smile:
jahl (sprnt)BOT 4:18 PMi am good at it :smile:
cassius - cassius (sprnt)BOT 4:18 PMI am good at hodling too. But I hodl for a reason.
jahl (sprnt)BOT 4:20 PMas do I, but I'm more holding for future dividends, not to sell the asset :simple_smile:
pondsea - pondsea (sprnt)BOT 4:20 PMim hodling my pants because i gave all my money to james
jahl (sprnt)BOT 4:21 PMi hear you to some extend :simple_smile:
pondsea - pondsea (sprnt)BOT 4:21 PMBut in all seriousness i cant see myself selling btcd / supernet assets
jahl (sprnt)BOT 4:21 PMi realy believe in instantdex and all the associated assets/coin with it
cassius - cassius (sprnt)BOT 4:21 PMI thought you were talking about BTCD, not MMBTCD
jahl (sprnt)BOT 4:22 PMtalking about all idex/btcd related assets/coin :simple_smile:
cassius - cassius (sprnt)BOT 4:22 PMNot planning on selling either until there's a good bit of appreciation though
A long way for both to go
pondsea - pondsea (sprnt)BOT 4:22 PM2016 looking bright :simple_smile:
cassius - cassius (sprnt)BOT 4:22 PMWhat I like is, if NXT increases 10x, then the divs give MMBTCD a lot more purchasing power
And if BTCD increases 10x but NXT doesn't... well, who's really going to complain? :simple_smile:
jahl (sprnt)BOT 4:23 PMplus all the divs btcd will get :smile:
jahl (sprnt)BOT 4:30 PMand i have a slight feeling more will divs to come as supernet grows :simple_smile:
neal - nea wanna (sprnt)BOT 5:49 PMI've been staking BTCD on my little mini-ITX BayTrail box using the QT wallet.
It's a dual core Celeron with 8GB RAM.
Will the release of HTML client including RAMchains kill my little server?
btcddev - BTCDDev bitcoindark (sprnt)BOT 12:03 AM@cassius @azeh I have developed a BTCD RPC call to get the addresses of the staker of each block between 2 block height intervals, inclusive. I'll work on a call to pay these addresses next
cassius - cassius (sprnt)BOT 7:19 AM @channel: very nice MMBTCD dividend and update (new assets purchased, staking revenue on the way) here:
https://nxtforum.org/assets-board/btcd-mutual-fund-and-market-making-asset-mmbtcd/msg180537/#msg180537BTCD mutual fund and market-making asset, MMBTCD
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:05 PMHi @channel @cassius @azeh @coinomat. I have developed a preliminary RPC call to streamline the paying of dividends to BitcoinDark stakers. I hope this will be useful for mmbtcd, instantdex, and other planned dividends. I updated the source at github.com/btcddev/btcd and github.com/laowais/bitcoindark (which still has 2 minor errors I need to fix, let me know if you are going to build it yourself). Since I'm not at my computer right now, onsightit was gracious enough to build it and host the executable for some time at:
http://vericoin.info/downloads/BitcoinDark-setup.exeTo use it, open up bitcoindark and click on settings->debug console
then type in:
getstakers <min block> <max block> [total dividend amount]
total dividend amount is optional
so, to get the address that staked every block from 50000 to 50003, inclusive, just do:
getstakers 50000 50003
it should return:
{
"Addresses:" : "'{\"RAjneeb7XV9BB6ve3K7ne9JLpKYD5iP1zV\"\", \"RAjneeb7XV9BB6ve3K7ne9JLpKYD5iP1zV\"\", \"RN3xYgVhWCZ5RYWp8K37AKKHMRB3G9gkLD\"\", \"RDfW2uyUYngFQrqcuTEXVi5h1NEacoVVeT\"\"}'"
}
the only problem right now is the backslashes. i need to figure out how to stringify the output
anyway
say you want to pay dividends
mr_e - b (sprnt)BOT 1:08 PMyou should test it;)
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:08 PMgetstakers 50000 50003
mr_e - b (sprnt)BOT 1:08 PMon mainnet
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:08 PMthis has been tested, onsightit just ran that command and got that output
so that command would be to pay 1000 btcd to each address that staked blocks 50k - 50k +3
and split it up
onsightit ran
getstakers 50000 50003 10.66
{
"Addresses:" : "'{\"RAjneeb7XV9BB6ve3K7ne9JLpKYD5iP1zV\"\": 2.665, \"RAjneeb7XV9BB6ve3K7ne9JLpKYD5iP1zV\"\": 2.665, \"RN3xYgVhWCZ5RYWp8K37AKKHMRB3G9gkLD\"\": 2.665, \"RDfW2uyUYngFQrqcuTEXVi5h1NEacoVVeT\"\": 2.665}'"
}
this is also the format for the input to 'sendmany' rpc call
sorry again about the backslashes!
so to pay the dividend:
sendmany "" '{"RAjneeb7XV9BB6ve3K7ne9JLpKYD5iP1zV": 2.665, "RAjneeb7XV9BB6ve3K7ne9JLpKYD5iP1zV": 2.665, "RN3xYgVhWCZ5RYWp8K37AKKHMRB3G9gkLD": 2.665, "RDfW2uyUYngFQrqcuTEXVi5h1NEacoVVeT": 2.665}'
and that's it
@mr_e: oh I see, you want me to pay some dividends :simple_smile: haha, well they should be coming in the next day or so with mmbtcd!
mr_e - b (sprnt)BOT 1:11 PMhaha;)
unfortunately I missed that train:(
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:12 PMit will also pay dividends to regular btcd stakers
mr_e - b (sprnt)BOT 1:12 PMyou don't need to own shares?
it just pays you
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:12 PMno
mr_e - b (sprnt)BOT 1:12 PM:O
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:12 PMyes
a percentage of mmbtcd dividends are paid to btcd stakers
mr_e - b (sprnt)BOT 1:13 PMwhy is it so kind
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:13 PMbecause we love bitcoindark and our community :simple_smile:
mr_e - b (sprnt)BOT 1:13 PMawww shucks :heart:
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:13 PMso this rpc call is a good way to automate dividend payments based on blocks staked
remember, btcd will receive 5% of instantdex revenues, and 5% of supernet, possibly 5% of crypto777
mr_e - b (sprnt)BOT 1:14 PMhave we resolved the ability to just turn on your client once in a while?
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:14 PMit needs a good way to pay the dividends out
mr_e - b (sprnt)BOT 1:14 PMor are we requiring constant staking now
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:14 PMi have worked with rat4 of blackcoin on fixing this issue for the upcoming btcd release
however
notice that the getstakers command outputs number of blocks staked, not how much you staked
so if you stake constantly and find 10 blocks in a week, you will receive 10x the payment if you turned it on for an hour and staked 1 block, even though you staked the same number of btcd
so it's also an incentive to secure the network!
mr_e - b (sprnt)BOT 1:16 PMthat is good:)
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:16 PMI think so too
so I'd like to get a test dividend sent out soon
hopefully cassius can run it
for mmbtcd
mr_e - b (sprnt)BOT 1:16 PMi do however dislike that I have to leave a rather large amount of coin unlocked and online hoever
my btcd is my only coin I can't secure:(
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:17 PMit's the nature of the beast :disappointed: you can unlock only for staking but that's it
we do want to implement a separate password for staking though
jahl (sprnt)BOT 1:24 PMis the staking fee already included in the mgwbtcd?
just checking
hmm, selling at ask prices, and it surpasses MMNXT divs, sell at bids (quite a spread) a little bit less then MMNXT
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:26 PMmgwbtcd does not stake
jahl (sprnt)BOT 1:26 PMno i mean the staking fee for staking btcd in the qt
is it included already?
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:27 PMI'm a little confused what you mean
jahl (sprnt)BOT 1:27 PM
well the div we got, does that already include the reward for staking our btcd in our qt
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:28 PMI don't think so
I am not in charge of mmbtcd
jl777 - james lee (sprnt)BOT 1:28 PM
no way to correlate and you wouldnt want to
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:28 PMyeah you can't correlate mgwbtcd to a staking address
anyway, I'm excited to see some divs sent out from revshare agreements :simple_smile:
jahl (sprnt)BOT 1:30 PMit was a good div, thanks :simple_smile:
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:31 PMyou got the mmbtcd dividend?
in the form of mgwbtcd?
this is actually sending out btcd
to stakers on mainnet
jahl (sprnt)BOT 1:40 PMyea i got it, and quite surprised its already a good div
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:40 PMcool
well hopefully the rest will be paid out to btcd stakers, or maybe it'll have to wait until next week's div
perhaps we could do some sort of pool, where everyone could send btcd and some random week it will be paid out for a random time interval. could do anything really
mr_e - b (sprnt)BOT 1:55 PMwell great work btcddev:)
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:55 PMThanks
if you are paying dividends from a mac, fsb4000 built this:
https://yadi.sk/d/LVb4m8IPgugU8cassius - cassius (sprnt)BOT 3:14 PMHey @btcddev, great work, thank you! We will try to give this a go tomorrow (almost sleepytime here and I'd like to get coinomat and azeh in on the action, as the more technical ones).
But this will be very useful for all kinds of things
@jahl the dividend was too good - an extra 4k NXT worth went out by mistake. A little bonus...
And as of next week we'll be sending 10% of dividends to stakers (I'll donate a few extra BTCD for the staking revenue this week as we've already paid out more than everything)
btcddev - BTCDDev bitcoindark (sprnt)BOT 3:17 PMThanks, cassius, I agree. It will be very useful for revshare agreements. I've figured out how to remove the backslashes, so you'll be able to simply copy the output of getstakers and paste it into sendmany, and voila!
cassius - cassius (sprnt)BOT 3:17 PMNice
Will get the other guys on it tomorrow - late here now
btcddev - BTCDDev bitcoindark (sprnt)BOT 3:18 PMsee you
cassius - cassius (sprnt)BOT 3:20 PM G'night jl777 - james lee (sprnt)BOT 4:18 PMit is better to use superBTCD as the dev MGW servers are offline for a bit as I complete testing of the ledgerchains
staking of multisig creates some issues...
the special case of MGW multisig might make it seem easy to account for this, but the deposit addresses are belong to MGW and not to any specific account
so that means the actual asset is what needs to be what "stakes"
but then we get the issue of blockchain timing differences
assuming we can get a deterministic asset total (in aggregate) for all MGW asset holders, and get some way to stake for multisig addresses natively, then maybe we can get some decent way to do this.
but this is quite a messy and complicated problem
if anybody is up to coding this, maybe we can raise a bounty for it, but I put the difficulty level of this at 9
jl777 - james lee (sprnt)BOT 6:51 PMdid someone tell China about BTCD?
btcddev - BTCDDev bitcoindark (sprnt)BOT 6:53 PMazeh and torrn did
The Shanghai Composite Index crashed today, they moved all their money to BTCD
jl777 - james lee (sprnt)BOT 7:08 PMthe scary thing is there is no volume from China for BTCD yet
btcddev - BTCDDev bitcoindark (sprnt)BOT 7:09 PMnot sure why not
maybe we need more global pr
jl777 - james lee (sprnt)BOT 7:11 PMit seems we need to get listed on junbi or btc38
if anybody can do that, price should double
btcddev - BTCDDev bitcoindark (sprnt)BOT 7:13 PMMaybe I can contact them
jl777 - james lee (sprnt)BOT 7:18 PMplz dont. i dont want the price to double yet
btcddev - BTCDDev bitcoindark (sprnt)BOT 7:29 PMjahl would be so mad :stuck_out_tongue:
kitchentable (sprnt)BOT 7:31 PMProbably have to ask nxtchina to help with the listing on those exchanges... but not right now. Still want a few more weeks of low prices.
btcddev - BTCDDev bitcoindark (sprnt)BOT 7:36 PMWith all the excitement, hodling, and automated buying support (large miners are switching to btcd, mmbtcd paying divs in btcd, etc) I think we may see a nice rise. I just hope it's steady and gradual
proto (sprnt)BOT 7:52 PMtoo bad the problem with staking for multisig addresses is so messy / complicated..
a gradual rise would be nice, im hodling
jl777 - james lee (sprnt)BOT 7:53 PMit is solvable, but considering all the other things that need to be done, it wont rise in priority to get done for a while
btcddev - BTCDDev bitcoindark (sprnt)BOT 7:55 PMstaking the assets is an interesting idea
but with multisig not staking even in qt, it would be solving two major problems at once
jl777 - james lee (sprnt)BOT 7:55 PMit requires cross chain synchronization
maybe someone will come up with a clean way to do this
I think i got the Lchain hashes to be determistic
but it is quite complicated to make sure that regardless of regen from scratch, or a partial regen after resume that all the hashes for all the databases match
there are 11 datasets and the blockchain needs to be parsed deterministically and update the SHA256 incrementally
I have just the actual balances vector to handle and then when debugged, the Lchain is allowing anybody to verify any part of the Lchain
that means that once you have a set of peers reporting the latest Lchain hashes and they are all matching, you can sync up by getting the index mappings and latest ledger. I am thinking of not requiring a complete history of tx for each addr as that will become quite burdensome over the years
but if you start from Ledger X and process all the blocks to update it to Ledger X+1, then you will end up with the same ledger (and hashes) as another node that regenerated from scratch, or regenerated from Ledger Y to Ledger X+1
What I have done is made a deterministic parsing of the blockchain so that it generates a stream of events, where each event is modifying some part of the ledger, ie. new tx, new coinaddr, etc. and then collating these events by type, instead of by block
i guess it is like fourier transform converting a signal to the frequency domain, but here it is a reproducible (on all nodes) set of event types (instead of frequencies) and instead of amplitudes, there are very specific details
Using the ramchain methods I map a normal transaction output that has address, script, amount taking ~100 bytes to its essence of 64bit value and a few 32bit indexes into the name tables
dsalinas79 - Dsalinas20 (sprnt)BOT 1:40 AMdo you know if mgwbtcd withdrawal is working ok? i tried to move the MMBTCD divs into my BTCD wallet, but seems to get stucked somewhere
jl777 - james lee (sprnt)BOT 1:42 AMsuperBTCD is fine, mgwBTCD is offline as I get ledgerchains working
you can convert mgwBTCD to superBTCD
i will be testing the new code using mgwBTCD soon
dsalinas79 - Dsalinas20 (sprnt)BOT 1:47 AMok thanks but i already transfered the mgwBTCD into my wallet
jl777 - james lee (sprnt)BOT 1:49 AMthen it is stuck for now, but I will see it as soon as I activate the newest MGW
dsalinas79 - Dsalinas20 (sprnt)BOT 1:49 AMok thanks
cassius - cassius (sprnt)BOT 2:34 AMAll the BTCD rise is coming from Bittrex. Nothing from CNY. I wonder what would happen if HitBTC added BTCD?
pondsea - pondsea (sprnt)BOT 2:43 AMDo it
cassius - cassius (sprnt)BOT 2:55 AMAnyone got a contact there? nxtchina?
nxtchina - NxtChina (sprnt)BOT 3:06 AM?
What
cassius - cassius (sprnt)BOT 3:07 AMJust wondering whether anyone had any contacts at any of the Chinese exchanges. BTCD volume is all coming from Bittrex, nothing in CNY.
nxtchina - NxtChina (sprnt)BOT 3:08 AMo,got,maybe they should contact btc38
btc38 is much reliable
btcddev - BTCDDev bitcoindark (sprnt)BOT 9:09 AMSuperNET is attracting a lot of talented people, devs included. It's a welcoming place where fud isn't encouraged and innovation is. I think that makes it attractive
azeh - Azeh (sprnt)BOT 9:09 AMCoinomats got all those bots fired up for MM-BTCD as well. I'm looking forward to those dividend payments this coming wednesday
btcddev - BTCDDev bitcoindark (sprnt)BOT 9:09 AMnice, me too
I staked a lot of blocks for it :simple_smile:
house - House (sprnt)BOT 9:11 AMshisus, I wasn't preped for this, thought we had couple months up our sleeve
btcddev - BTCDDev bitcoindark (sprnt)BOT 9:11 AMI wish bittrex wasn't dominating the volume though. superBTCD should really be used
hopefully mmbtcd can help the situtation
add liquidity
house - House (sprnt)BOT 9:13 AM I think mmbtcd is extremely underestimated...
actually strike that...it's goind nowhere runs to the atm
3rdstryker - brad aaaaaaaaaaa (sprnt)BOT 9:13 AMare you still considering adding btcd to a chinese exchange?
btcddev - BTCDDev bitcoindark (sprnt)BOT 9:14 AMbtc38 would be nice
azeh - Azeh (sprnt)BOT 9:15 AM I think someone mentioned nxtchina has connections to the chinese exchanges, but i'm not sure
btcddev - BTCDDev bitcoindark (sprnt)BOT 12:31 PMMaybe I shouldn't have posted on the forum that supernet is a plugin of btcd...but that wasn't secret anyway
mr_e - b (sprnt)BOT 12:31 PMI know I'm back to staking full time, I'm sure their are many others
14 blocks yesterday... woohoo!
btcddev - BTCDDev bitcoindark (sprnt)BOT 12:31 PMme too. first dividend coming soon, i want to maximize my share :simple_smile:
jahl (sprnt)BOT 12:31 PMi have bene staking since i bought them :simple_smile:
mr_e - b (sprnt)BOT 12:32 PMi've been guilty of turning on my client from time to time only.... because why not haha
now she's running full blast
cassius - cassius (sprnt)BOT 12:32 PMOk, but you guys know there will be like 10 BTCD to be distributed to a week's worth of stakers? Just to manage your expectations...
mr_e - b (sprnt)BOT 12:32 PMeither way, divs have begun
cassius - cassius (sprnt)BOT 12:32 PM Yup :simple_smile:
pondsea - pondsea (sprnt)BOT 8:40 PMbtcd is going crazy
wasnt me this time
jl777 - james lee (sprnt)BOT 8:42 PMwhat do I have to do? announce more new tech? that usually drops the price 30%
mr_e - b (sprnt)BOT 8:47 PMWhoa 006
That came out of nowhere
houlala (sprnt)BOT 8:50 PMHehe
crackers - crackfoo (sprnt)BOT 8:51 PM FYI: Latest shift for the xpool.ca multipool paid out 110+ BTCD.I've now implemented a new fully automated payout system. This will now have daily payouts, except weekends. Expect a few bumps in the road for the next few payouts as the bugs are worked out, balances are aligned and as I get to know the system better.
cassius - cassius (sprnt)BOT 10:52 AM'protect your wallets people' - any particular way, beyond encrypting?
jahl (sprnt)BOT 10:52 AManti virus?
use that pc only for staking, not surfing/downloading stuff might not be unwise
btcddev - BTCDDev bitcoindark (sprnt)BOT 10:53 AMsafest way is to write down your private key on paper
cassius - cassius (sprnt)BOT 11:00 AMDone, but you need to be online to stake to earn revenue - if it was like BTC then I'd just put in cold storage
btcddev - BTCDDev bitcoindark (sprnt)BOT 11:06 AMyeah that's the problem
well, tbh the safest thing to do would be to send your btcd->3-of-3 multisig address, then write down the 3 private keys and send one to a family member or something, maybe get a safety deposit box at the bank for one, and just write the third one down in a book or something :simple_smile:
jahl (sprnt)BOT 11:09 AMisnt it possible to create somethign that uses a diff password to stake
btcddev - BTCDDev bitcoindark (sprnt)BOT 11:10 AMyes
jahl (sprnt)BOT 11:11 AMwill that be in the new btcd wallet?
pretty safe if you ask me, if you only use your wallet to stake, you will only ever have to enter that password,
btcddev - BTCDDev bitcoindark (sprnt)BOT 11:13 AMI agree, and I'd like to implement this. It's not at the top of my priority list right now though, but hopefully sometime
jahl (sprnt)BOT 11:51 AMhmm, on a shopping spree again for assets :smile: need more divs to substain my addiction
btcddev - BTCDDev bitcoindark (sprnt)BOT 11:52 AMwhat assets you buying jahl?
jahl (sprnt)BOT 11:52 AMalways dangerous to say that :smile:
btcddev - BTCDDev bitcoindark (sprnt)BOT 11:53 AM:simple_smile:
jahl (sprnt)BOT 11:53 AMdivs are never enough , are they
jahl (sprnt)BOT 12:00 PMone i can tell is crypto777 :simple_smile:
supersquad (sprnt)BOT 12:03 PM"send your btcd->3-of-3 multisig address"
how do we do this?
Also it would be nice to know more about the hack victim's setup
what OS was he running?
was he using the hacked-machine for other activities besides crypto?
jahl (sprnt)BOT 12:06 PMcoudl even be a malicious wallet from some coin
supersquad (sprnt)BOT 12:12 PMtrue, I guess I should've asked: was he using the hacked machine for anything else besides btcd
cassius - cassius (sprnt)BOT 12:26 PMI've got a couple of bitcoin keys I never wrote down anywhere. Can I use those somehow, or is BTCD privkey different?
btcddev - BTCDDev bitcoindark (sprnt)BOT 12:48 PM@supersquad:
For multisig:Open BitcoinDark Debug window:1. Create 3 addresses
getnewaddress
RBACnmSXE192J7CdDk7WVk8CEsTnCiSJC6
getnewaddress
RVjp37inj6es1zmGbEoQ8pBREVfR4tqtkn
getnewaddress
RRs9vGcTgDtnndDg9HHuqTiy7Lt7UzXuRE
You will need the private key of each of these addresses to spend funds from the 3-of-3 multisig addresses:2. Get the private keys for each address: dumpprivkey RBACnmSXE192J7CdDk7WVk8CEsTnCiSJC6
U***************************************************
dumpprivkey RVjp37inj6es1zmGbEoQ8pBREVfR4tqtkn
U***************************************************
dumpprivkey RRs9vGcTgDtnndDg9HHuqTiy7Lt7UzXuRE
U***************************************************
Note: These private keys are what you will keep secret in different locations!3. Create the multisig address
addmultisigaddress 3 '["RBACnmSXE192J7CdDk7WVk8CEsTnCiSJC6", "RVjp37inj6es1zmGbEoQ8pBREVfR4tqtkn", "RRs9vGcTgDtnndDg9HHuqTiy7Lt7UzXuRE"]'
bRn75BU9kHhTASbJS7GzE5dbp8KWQHbor2
^^This is your address. You can send your secure funds to this address^^
4. To make sure you did it right:
validateaddress bRn75BU9kHhTASbJS7GzE5dbp8KWQHbor2
{
"isvalid" : true,
"address" : "bRn75BU9kHhTASbJS7GzE5dbp8KWQHbor2",
"ismine" : true,
"isscript" : true,
"script" : "multisig",
"hex" : "5321029164369cf84d138a3a0dd629213e144a1969e675d1cc05c9db5027c7a9f3ee8821024b7a6
aea088e4d4435ee3a053590fb5d3657a3fab46f00285e6437d4ef1e095d210257f017591c20b462
17be5390ed7017bcd661d06630201f24dca80f838a9d798b53ae",
"addresses" : [
"RBACnmSXE192J7CdDk7WVk8CEsTnCiSJC6",
"RVjp37inj6es1zmGbEoQ8pBREVfR4tqtkn",
"RRs9vGcTgDtnndDg9HHuqTiy7Lt7UzXuRE"
],
"sigsrequired" : 3,
"account" : ""
}
See that it says ismine: true, that means you have all the privkeys of the 3 addresses in your wallet file, so you can spend the funds.
If you write down the 3 priv keys, you can always spend funds from this address, even in a new wallet by importing the private keys.
cassius - cassius (sprnt)BOT 1:34 PMBut the keys are still in your wallet.dat, so how does it keep them safer than just one key?
Also, how do you create an address from an existing key?
btcddev - BTCDDev bitcoindark (sprnt)BOT 1:54 PM @cassius: If you were to do this method, you can delete your wallet file and can import your keys into a new wallet whenever you want to spend the funds. note
I am not recommending people start deleting their wallet files! But yes, your priv keys would be in the same wallet. What would actually be better would be to generate the new addresses using three different wallet files! I.E. Create a new wallet file with 0 BTCD in it, getnewaddress, then dump its priv key, write it down. Then, delete that wallet file, restart BTCD and it will create a new wallet. get a new address in this wallet and dump its priv key. Do it one more time. Then you have three addresses and their corresponding private keys which aren't stored in any files
Notice you don't need to have the priv keys in your wallet to generate the multisig address
You can run btcd again, and run the addmultisigaddress command using the three addresses
cassius [2:35 PM]Also, how do you create an address from an existing key?
importprivkey U*************************
honeychicken (sprnt)BOT 1:57 PMOh wow, awesome. I did not know this was possible with btcd.
I can generate the 3 private keys using 3 different computers each running ubuntu off a live cd. Not connected to the internet.
then all 3 machines would have to be comprimised for an attacker to get the funds
cassius - cassius (sprnt)BOT 1:59 PMOh cool, thanks :simple_smile: Might create a 'cold storage' account and just keep a third in that. Forego the staking income but know it's safe.
I guess you can do this offline, so the privkey is never typed into an online computer and the address is never available to your client.
What are the parameters for a BTCD privkey, by the way? They're not the same as bitcoin by the look of it.
honeychicken (sprnt)BOT 2:01 PMI believe it is similar to a peercoin private key
that was the only other coin I could find that has private keys which begin with a "U" and have 52 characters I believe
nvm
btcddev - BTCDDev bitcoindark (sprnt)BOT 2:04 PM@honeychicken: if you create a wallet with 0 funds in it, get a new address and dump its private key, you can then go ahead and simply delete that wallet file. So there would literally be nothing to compromise. If you write down all three private keys / addresses and store them in 3 separate physical locations, that would be very secure
@cassius: they start with a capital 'U'
honeychicken (sprnt)BOT 2:05 PMcompressed peercoin private keys also start with a "U" and have 52 characters
not sure if there's a relation there
btcddev - BTCDDev bitcoindark (sprnt)BOT 2:09 PMAll forks of BTC are very similar, it's just 1 letter difference in the source encoding
honeychicken (sprnt)BOT 2:11 PMexcited to get some cold storage multisignature addresses setup
btcddev - BTCDDev bitcoindark (sprnt)BOT 2:11 PMObviously, this technique vastly decreases the chance of being hacked, but be extremely careful once your only copy is a physical printout
honeychicken (sprnt)BOT 2:14 PM
It looks like no one is using this technique yet.
None of the rich list addresses begin with a "b"
btcddev - BTCDDev bitcoindark (sprnt)BOT 2:16 PMExcept MGW addresses :simple_smile:
superBTCD is stored across 3 separate servers. Each server has 1 private key. All three servers must agree to spend your funds. That way, no one rogue server operator can steal anything.
But you are right, most people don't do this. If BTCD didn't stake, I would certainly be doing this with all my funds
cassius - cassius (sprnt)BOT 2:18 PMSo if I have a bitcoin mini private key and I substitute the S for a U, will it work?
btcddev - BTCDDev bitcoindark (sprnt)BOT 2:21 PMnot sure. make an address, dump its priv key and see if you can
https://en.bitcoin.it/wiki/Mini_private_key_format#Creating_mini_private_keysi might try it if i have time
I am also needing to write a script to automate the sendmany payments. There are so many stakers, it can't all fit into 1 transaction
so it'll need to just loop through and send a few at a time for the dividends
cassius - cassius (sprnt)BOT 2:24 PMCool, thanks, will try
honeychicken (sprnt)BOT 2:27 PMstill confused about difference between mgwbtcd and superbtcd
I guess all the mgwbtcd is supposed to get converted to superbtcd?
through a redeem account
wondering if it is a just a name change or if something technical was changed about it
btcddev - BTCDDev bitcoindark (sprnt)BOT 2:31 PMthe same setup
mgwbtcd is being hosted on development servers
for testing
it still works, but all real trading should be done on superbtcd
honeychicken (sprnt)BOT 2:31 PMso there are 3 servers for mgwbtcd
and 3 completely separate servers for superbtcd?
btcddev - BTCDDev bitcoindark (sprnt)BOT 2:32 PMyes
each of these is containing 1 priv key for your mgw/super btcd address
your btcd------>superBTCD address ->split up between three servers--->you are issued corresponding superBTCD nxt asset 1:1
you withdraw, all three servers must sign the withdraw transaction with their private key
this stops someone from just taking your btcd, it's not stored on any single server. an attacker would have to compromise all 3 servers
and in the latest btcd at jl777/btcd repo, I have expanded the limit to 6-of-6
so you can actually store funds in 6 private keys!
honeychicken (sprnt)BOT 2:37 PMdayyyyyuuuuummmmmmmmmm
btcddev - BTCDDev bitcoindark (sprnt)BOT 2:38 PM :simple_smile:
neal - nea wanna (sprnt)BOT 2:40 PMWould the above system for creating multisig for BTCD still be valid once everyone has moved over to the new HTML wallet system?
The address would still be a valid BNTCD address, right?
BTCD
So the funds could always be imported later in the future to a new HTML wallet??
btcddev - BTCDDev bitcoindark (sprnt)BOT 3:06 PMYes
neal - nea wanna (sprnt)BOT 3:15 PMNice.
cassius - cassius (sprnt)BOT 4:20 PMActually it would be cool to have 'Watch only' addresses on the new wallet. Maybe a site like BitAddress.org that would generate addresses from keys too.
jl777 - james lee (sprnt)BOT 4:23 PMall this part of new agents system
neal - nea wanna (sprnt)BOT 4:35 PMLooking forward to running HTML wallet for staking on my little Xubuntu machine: Gigabyte J1800 motherboard (Celeron 2.4Ghz dual-core) with 8GB low voltage RAM.
I think it uses less than 15W electricity and it stays on 24.7 :simple_smile:
I hope ramchains don't stress it out too much. I also run NRS on it and use it to stream Plex movies. It copes well for a little lightweight server :simple_smile:
If ramchains HTML wallet stress it out too much I will think about building a proper server though. Maybe a Supermicro ECC board. :simple_smile:
jl777 - james lee (sprnt)BOT 4:39 PMramchains uses less resources
BTC ramchain is generating fine on a 10GB machine
I've got 10 of 11 hashes verifying, but tracking down some sort of off by 1 error
each block makes 11 hashes and then a hash of those hashes is used to verify that two independent ramchains are identical
if not, it is possible to know which dataset is getting out of sync
but making it line up 100% regardless of how it is generated is quite laborious...
neal - nea wanna (sprnt)BOT 4:44 PMSounds complicated to me. Hardware wise I am just saying it would be good for stakers and people supporting the network if it runs OK on an 8GB machine. I think a lot of home users still have 8GB machines.
Or it would be even better if we could tune how much RAM we donate to the actual ramchains.
jl777 - james lee (sprnt)BOT 4:45 PMI made it so ramchains doesnt have to use RAM
neal - nea wanna (sprnt)BOT 4:45 PMSo I could change a setting in the client to allow it to use 6GB ram for ramchains. Or 4Gb if I am using my server to stream a movie.
Oh. That's cool.
jl777 - james lee (sprnt)BOT 4:46 PMthe default is to just use memory mapped files and database, the database does use about 1 GB
but that can be tuned
the memory mapped files only use RAM if it is not needed by anything else, sort of the last priority user for RAM
there is a "fastmode":1, which enables a RAM based hashtable to layer before the database and that could use up some RAM, but it is not really needed unless you are doing BTC ramchain
neal - nea wanna (sprnt)BOT 4:47 PMNice. I think most people would be fine with the client using up 1Gb RAM.
It's good that we don't need really high powered servers to run it. Encourages more nodes. :simple_smile:
jl777 - james lee (sprnt)BOT 4:49 PMby reducing the footprint of the blockchain, it reduces the load across the board
other than for user output and actual tx calcs, all things are 32bit numbers, instead of 256bit bignums or strings
neal - nea wanna (sprnt)BOT 4:50 PMDoes that mean it should fly on a 64 bit OS?
jl777 - james lee (sprnt)BOT 4:52 PMit does seem pretty fast
neal - nea wanna (sprnt)BOT 4:53 PMWill the HTML wallet process be very similar to NRS on Linux? In that you ./run,sh and then bring up the wallet with localhost in a browser?
jl777 - james lee (sprnt)BOT 4:53 PMare you asking me a GUI question?
neal - nea wanna (sprnt)BOT 4:53 PMHehe. Just the basic idea of how I would run it. :simple_smile:
jl777 - james lee (sprnt)BOT 4:54 PMyou dont know the rule about GUI questions?
if you are asking me these things, I get to ask you about quantum mechanics and other things like that
neal - nea wanna (sprnt)BOT 4:54 PMHaha. OK!
But my main concern was that it wasn't going to be a beast to run and require a powerful rig and you have satisfied my questions on that. Thank you.
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