BTCD is no more

[BTCDDev]

Hi Everyone,

Yesterday I submitted the code to jl777 for integrating PAX into BitcoinDark.

He will be testing it over the next couple of weeks.

PAX = Pegged Asset Exchange, and yes, that's exactly what it is. 


Matthew

interesting, approx when will this be launching live?

Of course, that's difficult to say.

We will need at least a couple of weeks for testing, making sure consensus is established and maintained on assets across the network. That has already been working in James' isolated testing, now it will have a real use case inside BitcoinDark.

After that, I think we'll open it up to some general testing on a testnet, until the edge cases are ironed out.

[jeffersonairplane]

Hi Everyone,

Yesterday I submitted the code to jl777 for integrating PAX into BitcoinDark.

He will be testing it over the next couple of weeks.

PAX = Pegged Asset Exchange, and yes, that's exactly what it is. 


Matthew

interesting, approx when will this be launching live?

Of course, that's difficult to say.

We will need at least a couple of weeks for testing, making sure consensus is established and maintained on assets across the network. That has already been working in James' isolated testing, now it will have a real use case inside BitcoinDark.

After that, I think we'll open it up to some general testing on a testnet, until the edge cases are ironed out.

id be interested in testing it out on testnet, keep us in the loop 

[BTCDDev]

Hi Everyone,

Yesterday I submitted the code to jl777 for integrating PAX into BitcoinDark.

He will be testing it over the next couple of weeks.

PAX = Pegged Asset Exchange, and yes, that's exactly what it is. 


Matthew

interesting, approx when will this be launching live?

Of course, that's difficult to say.

We will need at least a couple of weeks for testing, making sure consensus is established and maintained on assets across the network. That has already been working in James' isolated testing, now it will have a real use case inside BitcoinDark.

After that, I think we'll open it up to some general testing on a testnet, until the edge cases are ironed out.

id be interested in testing it out on testnet, keep us in the loop 

I will try, but I'm usually on slack and not here.

Please consider joining if you haven't already! It's a really nice environment.

[jeffersonairplane]

I will try, but I'm usually on slack and not here.

Please consider joining if you haven't already! It's a really nice environment.

URL to the slack channel? i can drop by 

[crackfoo]

I will try, but I'm usually on slack and not here.

Please consider joining if you haven't already! It's a really nice environment.

URL to the slack channel? i can drop by 

Here is the link:

http://slackinvite.supernet.org/

Also, we paid out 19+ BTCD from today's payouts on xpool.ca

Cheers!

[bitcoinrocks]

Hi Everyone,

Yesterday I submitted the code to jl777 for integrating PAX into BitcoinDark.

He will be testing it over the next couple of weeks.

PAX = Pegged Asset Exchange, and yes, that's exactly what it is. 


Matthew

How does that work in really general terms?

[Zer0Sum]

Hi Everyone,

Yesterday I submitted the code to jl777 for integrating PAX into BitcoinDark.

He will be testing it over the next couple of weeks.

PAX = Pegged Asset Exchange, and yes, that's exactly what it is. 


Matthew

How does that work in really general terms?

https://www.google.com/search?q=Pegged+Asset+Exchange&ie=utf-8&oe=utf-8

BitShares comes in ranked #1 for that phrase.

[BTCDDev]

Hi Everyone,

Yesterday I submitted the code to jl777 for integrating PAX into BitcoinDark.

He will be testing it over the next couple of weeks.

PAX = Pegged Asset Exchange, and yes, that's exactly what it is. 


Matthew

How does that work in really general terms?

Choose asset pair: BTCD/ [Gold/USD/Euro/Oil/whatever]
Lock the BTCD / chosen asset (I already implemented this with a simple rpc call)
Submit a redeem at some point in the future, you are then rewarded with X number of BTCD, depending on current price of asset.

[illodin]

Hi Everyone,

Yesterday I submitted the code to jl777 for integrating PAX into BitcoinDark.

He will be testing it over the next couple of weeks.

PAX = Pegged Asset Exchange, and yes, that's exactly what it is. 


Matthew

How does that work in really general terms?

Choose asset pair: BTCD/ [Gold/USD/Euro/Oil/whatever]
Lock the BTCD / chosen asset (I already implemented this with a simple rpc call)
Submit a redeem at some point in the future, you are then rewarded with X number of BTCD, depending on current price of asset.

Probably stupid question, but who would I be betting against? Other users or the "house"?

[ASICHEAD]

Remember this sentence,
BitcoinDark will be pumped up to 0.015 very soon.   

[l8orre]

Remember this sentence,
BitcoinDark will be pumped up to 0.015 very soon.   

well this does sound nice! care to explain how you get to that prediction? 

[ShapeShift.io]

ShapeShift.io is excited to announce the launch of our newest tool, Skeleton. Skeleton allows websites to offer on-site exchanges so that their users don't have to leave the site in order to do an exchange. Allow your website users to buy or sell BitcoinDark directly from your site! Learn more about how you can add this to your site here and see a VIDEO example of how CoinCap has utilized this offering: http://bit.ly/1WvSoBx

[bennana]

Hello,

is there any possibility to download the blockchain manually? I didnt find anything here or on the official website. The problem is the very slow synchronization through the wallet.

[crackfoo]

Hello,

is there any possibility to download the blockchain manually? I didnt find anything here or on the official website. The problem is the very slow synchronization through the wallet.

Look at your peers using the console command: getpeerinfo

Choose one of the peer's IP addresses and just for syncing only add it to your BitcoinDark.conf like this:

connect=xx.xxx.xx.xxx


Now your wallet will only connect to one peer and won't have to spend more of the time comparing blocks with all the other peers you connect with without that line. Once you sync, remove the line and run as you would normally.

Oh and today's BTCD payout on www.xpool.ca is 30+ BTCD!

Cheers!

[bennana]

Hello,

is there any possibility to download the blockchain manually? I didnt find anything here or on the official website. The problem is the very slow synchronization through the wallet.

Look at your peers using the console command: getpeerinfo

Choose one of the peer's IP addresses and just for syncing only add it to your BitcoinDark.conf like this:

connect=xx.xxx.xx.xxx


Now your wallet will only connect to one peer and won't have to spend more of the time comparing blocks with all the other peers you connect with without that line. Once you sync, remove the line and run as you would normally.

Oh and today's BTCD payout on www.xpool.ca is 30+ BTCD!

Cheers!

Thanks, seems to progress faster now!

[bitcoinrocks]

Does Poloniex typically have as much (or more) BTCD volume than Bittrex these days?

[l8orre]

Does Poloniex typically have as much (or more) BTCD volume than Bittrex these days?

my impression is that POLO usually has substantially lower BTCD vol than bittrex.

[bitcoinrocks]

Does Poloniex typically have as much (or more) BTCD volume than Bittrex these days?

my impression is that POLO usually has substantially lower BTCD vol than bittrex.

Me too but it seems like that might be changing.

[david1365]

Does Poloniex typically have as much (or more) BTCD volume than Bittrex these days?

my impression is that POLO usually has substantially lower BTCD vol than bittrex.

Due to the low volume of orders in Polo, someone can easily manipulate price with sell small amount of BitcoinDark in Polo and with this work can create panic selling in Bittrex and then buy cheap BitcoinDark.
This is what happened in the last two days.

[yassin54]

create panic selling

Not for me