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Author Topic: BTCD is no more  (Read 1328439 times)
bitkokos
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August 15, 2014, 04:50:18 PM
 #3521

Nxt is done

Nope. Nxt just got hit, and it's collateral damage from a security flaw in BTER. Don't make rushed conclusions.

Plus there are many bonds between Nxt and BTCD. I wouldn't rejoice about the Bter hack, both communities will benefit much more from synergy if both stay healthy.


You are right, but, what will happen if they use 50m nxt to dump it?

Then your very very very low buy orders, will be hit.

bter is suggesting a blockchain rollback to recover lost nxt. I am not sure this is good for other transactions which took place and they are not related to the theft.

O_o
stereotype
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August 15, 2014, 04:55:51 PM
 #3522

Nxt is done

Nope. Nxt just got hit, and it's collateral damage from a security flaw in BTER. Don't make rushed conclusions.

Plus there are many bonds between Nxt and BTCD. I wouldn't rejoice about the Bter hack, both communities will benefit much more from synergy if both stay healthy.


You are right, but, what will happen if they use 50m nxt to dump it?

Then your very very very low buy orders, will be hit.

bter is suggesting a blockchain rollback to recover lost nxt. I am not sure this is good for other transactions which took place and they are not related to the theft.
Suggestion has been abandoned.... https://twitter.com/btercom
IceColdTommy
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August 15, 2014, 05:06:13 PM
 #3523

Nxt is done

Nope. Nxt just got hit, and it's collateral damage from a security flaw in BTER. Don't make rushed conclusions.

Plus there are many bonds between Nxt and BTCD. I wouldn't rejoice about the Bter hack, both communities will benefit much more from synergy if both stay healthy.


You are right, but, what will happen if they use 50m nxt to dump it?

Then your very very very low buy orders, will be hit.

bter is suggesting a blockchain rollback to recover lost nxt. I am not sure this is good for other transactions which took place and they are not related to the theft.
Suggestion has been abandoned.... https://twitter.com/btercom
again bter should die, their lack of security, storing passwords with md5, seems that the hacker also took their database since he said he will publish all the hashes, so that exchange has no protection at all, if someone did it many will follow him, so it just must die
stereotype
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August 15, 2014, 05:15:36 PM
 #3524

so it just must die

The development of more decentralized trading will eventually take care of that.... http://multigateway.org/
IceColdTommy
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August 15, 2014, 05:18:12 PM
 #3525

so it just must die

The development of more decentralized trading will eventually take care of that.... http://multigateway.org/
Yes i know that and i fully support it, but untill than plain people that don't understand their security risks might lose everything
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August 15, 2014, 05:22:13 PM
 #3526

....plain people that don't understand their security risks might lose everything
Unfortunately, true. Current best advice, is to only trade, not trade and use the exchange as a wallet. Use your own, when you have finished buying or selling.
IceColdTommy
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August 15, 2014, 05:26:58 PM
 #3527

....plain people that don't understand their security risks might lose everything
Unfortunately, true. Current best advice, is to only trade, not trade and use the exchange as a wallet. Use your own, when you have finished buying or selling.
That is the best advice, even thou i usually keep coins on exchange but only the one that i don't think will ever worth and want to use the first good chance to sell, i keep most of my coins offline Smiley
PhilipMorris
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August 15, 2014, 05:48:57 PM
 #3528

How is the development going? Is James still trying to get the teleport feature done by this weekend? Would be nice to see BTCD making some more moves up with nearly all other alt's going down. I'll send some BTCD's as donation soon aswell.  Smiley

edit: Current logo looks better, however still far from perfect in my opinion. Sad thing im not a photoshop-expert.
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August 15, 2014, 06:00:22 PM
 #3529



(8/14)**Official BTCD Multipool Now Operating--Reliable, Profitable, Trustworthy**
Since there is only 2 multipools, you make it sound like mine is not, reliable, profitable or trustworthy which IMO it is as well.

Mind calling it simply the official multipool and leave the rest for the miners to decide.





------------------------------------------VVVVVVVVVVVVVVVV

ZPOOL - the miners multipool! Support We pay 10 FLUX Parallel Assets (PA) directly to block rewards! Get paid more and faster. No PA fee's or waiting around for them, paid instantly on every block found!
IceColdTommy
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August 15, 2014, 06:05:02 PM
 #3530



(8/14)**Official BTCD Multipool Now Operating--Reliable, Profitable, Trustworthy**
Since there is only 2 multipools, you make it sound like mine is not, reliable, profitable or trustworthy which IMO it is as well.

Mind calling it simply the official multipool and leave the rest for the miners to decide.





------------------------------------------VVVVVVVVVVVVVVVV
That is not attack over your multipool, it just describes the official multipool, no one is forced to switch, if you want i can also in details explain why -Reliable, Profitable, Trustworthy

i agree members should choose.
crackfoo
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August 15, 2014, 06:25:02 PM
 #3531



(8/14)**Official BTCD Multipool Now Operating--Reliable, Profitable, Trustworthy**
Since there is only 2 multipools, you make it sound like mine is not, reliable, profitable or trustworthy which IMO it is as well.

Mind calling it simply the official multipool and leave the rest for the miners to decide.





------------------------------------------VVVVVVVVVVVVVVVV
That is not attack over your multipool, it just describes the official multipool, no one is forced to switch, if you want i can also in details explain why -Reliable, Profitable, Trustworthy

i agree members should choose.

I didn't think so but it gives the impression.

Sure, explanations are always  good. Just for clarity.

ZPOOL - the miners multipool! Support We pay 10 FLUX Parallel Assets (PA) directly to block rewards! Get paid more and faster. No PA fee's or waiting around for them, paid instantly on every block found!
IceColdTommy
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August 15, 2014, 06:40:23 PM
 #3532



(8/14)**Official BTCD Multipool Now Operating--Reliable, Profitable, Trustworthy**
Since there is only 2 multipools, you make it sound like mine is not, reliable, profitable or trustworthy which IMO it is as well.

Mind calling it simply the official multipool and leave the rest for the miners to decide.





------------------------------------------VVVVVVVVVVVVVVVV
That is not attack over your multipool, it just describes the official multipool, no one is forced to switch, if you want i can also in details explain why -Reliable, Profitable, Trustworthy

i agree members should choose.

I didn't think so but it gives the impression.

Sure, explanations are always  good. Just for clarity.

Reliable: Stratums are from NiceHash, already established service verified by only god knows how much members.
Profitable: Well it is profitable, for me it turns to be 4x profitable then your pool on X11.
Trustworthy: Well its run on the official site so, so its not just some outside site that might go down as soon as its get good amounts.

BTW in (8/14)**Official BTCD Multipool Now Operating--Reliable, Profitable, Trustworthy** it never says more profitable than other pools so there is no problem with just explaining what official pool got, right?
PilotofBTC
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August 15, 2014, 06:42:39 PM
 #3533

Nxt is done, should be time for btcd then rught?

Um no. And, this whole teleport thing works with NXT. So be careful what you wish for.
IceColdTommy
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August 15, 2014, 06:44:59 PM
 #3534

Nxt is done, should be time for btcd then rught?

Um no. And, this whole teleport thing works with NXT. So be careful what you wish for.


i know NXT is not gone but are you saying that without NXT there will be no teleport?
bitkokos
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August 15, 2014, 06:47:27 PM
 #3535



(8/14)**Official BTCD Multipool Now Operating--Reliable, Profitable, Trustworthy**
Since there is only 2 multipools, you make it sound like mine is not, reliable, profitable or trustworthy which IMO it is as well.

Mind calling it simply the official multipool and leave the rest for the miners to decide.





------------------------------------------VVVVVVVVVVVVVVVV
That is not attack over your multipool, it just describes the official multipool, no one is forced to switch, if you want i can also in details explain why -Reliable, Profitable, Trustworthy

i agree members should choose.

I didn't think so but it gives the impression.

Sure, explanations are always  good. Just for clarity.

I don't see it as an attack.
I have tried both pools and I am happy with them.

Keep up the good work both of you  Cool

O_o
IceColdTommy
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August 15, 2014, 06:48:59 PM
 #3536



(8/14)**Official BTCD Multipool Now Operating--Reliable, Profitable, Trustworthy**
Since there is only 2 multipools, you make it sound like mine is not, reliable, profitable or trustworthy which IMO it is as well.

Mind calling it simply the official multipool and leave the rest for the miners to decide.





------------------------------------------VVVVVVVVVVVVVVVV
That is not attack over your multipool, it just describes the official multipool, no one is forced to switch, if you want i can also in details explain why -Reliable, Profitable, Trustworthy

i agree members should choose.

I didn't think so but it gives the impression.

Sure, explanations are always  good. Just for clarity.

I don't see it as an attack.
I have tried both pools and I am happy with them.

Keep up the good work both of you  Cool

Thank you
PilotofBTC
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August 15, 2014, 06:49:31 PM
 #3537

Nxt is done, should be time for btcd then rught?

Um no. And, this whole teleport thing works with NXT. So be careful what you wish for.


i know NXT is not gone but are you saying that without NXT there will be no teleport?

I admit I haven't look at any code, but from reading james' messages and his NXT Inside comments that teleport uses NXT Arbitrary Messages to do the teleporting. But, I could be wrong. My brain is fried from reading 40 pages about the BTER hack.
Cassius
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August 15, 2014, 06:50:15 PM
 #3538

Nxt is done, should be time for btcd then rught?

Um no. And, this whole teleport thing works with NXT. So be careful what you wish for.


i know NXT is not gone but are you saying that without NXT there will be no teleport?

I don't believe that is the case. If I've understood correctly, Teleport will work within BTCD in its own right. However, there is a complete ecosystem for trading and cashing out telepods, which will rely on the infrastructure James has been building within NXT (NXTprivacy, tradebots, InstantDEX). I don't understand all of the pieces of the puzzle, though.

This was a bad day for NXT and a lot of people are understandably very unhappy about it. There was no good solution, only least-worst ones. For what it's worth, I think leaving the blockchain alone was the right course of action. Whether the hacker can be found and NXT returned remains to be seen.

EDIT: PilotofBTC, that rings a bell too, but I'm not sure.
jl777
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August 15, 2014, 08:01:55 PM
 #3539

Don't know what the schedule is for publicity and the website. I'm away from Sunday until 3 September but happy to help with content when I'm back if you need it.
Of course, by 2 weeks' time just about anything could have happened and BTCD could already be a top 10 coin...
I've been working with our PR agency on the first press release and it became clear I need to write a Tradebotpaper describing how BTCD is the crypto whose Turing complete scripting language has the most programmers who already know the language. Literally millions of coders know C, and tradebots are written in C!

By using linked tradebots and some data synchronization functions, any corporation or group can deploy their own set of linked tradebots and they will maintain a private blockchain running independently. So, like the Internet can run any protocol, the BTCD supernetwork and linked tradebots can run any blockchain, custom programmed by anybody that knows C

I realized it got a bit too complicated and needed Tradebotpaper. Not sure how the pirates will deal with an arbitrary number of overlapped heterogeneous blockchains.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
cloudboy
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August 15, 2014, 08:03:58 PM
 #3540

Don't know what the schedule is for publicity and the website. I'm away from Sunday until 3 September but happy to help with content when I'm back if you need it.
Of course, by 2 weeks' time just about anything could have happened and BTCD could already be a top 10 coin...
I've been working with our PR agency on the first press release and it became clear I need to write a Tradebotpaper describing how BTCD is the crypto whose Turing complete scripting language has the most programmers who already know the language. Literally millions of coders know C, and tradebots are written in C!

By using linked tradebots and some data synchronization functions, any corporation or group can deploy their own set of linked tradebots and they will maintain a private blockchain running independently. So, like the Internet can run any protocol, the BTCD supernetwork and linked tradebots can run any blockchain, custom programmed by anybody that knows C

I realized it got a bit too complicated and needed Tradebotpaper. Not sure how the pirates will deal with an arbitrary number of overlapped heterogeneous blockchains.

James

Competitor to Ethereum  Grin Grin Grin
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