[ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★

[karmala]

Good morning.

Could you guys do me a favour? Our dev asked us to discuss the option of merged mining which is a very important milestone. Via opted against sidechains and pro-treechains. There are enormous gains in merged mining. I want to see this. What do you want?

[1714077003]

1714077003

[fox19891989]

I like merged mining, but I respect btcdrak's choice

[btcdrak]

Good morning.

Could you guys do me a favour? Our dev asked us to discuss the option of merged mining which is a very important milestone. Via opted against sidechains and pro-treechains. There are enormous gains in merged mining. I want to see this. What do you want?

We have not "opted against sidechains". Sidechains is simply a fancy term to describe pegged altcoins. You are completely mixing up sidechains proper and how you secure the sidechain. All I have said is merged mining with sidechains is likely to be highly insecure and vulnerable to attack. Our discussion on merged mining has nothing to do with the treechains or sidechains. The sidechain is nothing more than another blockchain (potentially without it's own coins). How that sidechain is secured is orthogonal - could be merged mining, could be normal PoW, PoS, hybrid or treechains or whatever the next fancy thing is. Pegging between chains is simply a way for chains to understand eachother's state so you can "transfer" coins between them (which really means freezing/locking up a "coin" in one chain and minting/reanimating a "coin" in the other chain).

[karmala]

Good morning.

Could you guys do me a favour? Our dev asked us to discuss the option of merged mining which is a very important milestone. Via opted against sidechains and pro-treechains. There are enormous gains in merged mining. I want to see this. What do you want?

We have not "opted against sidechains". Sidechains is simply a fancy term to describe pegged altcoins. You are completely mixing up sidechains proper and how you secure the sidechain. All I have said is merged mining with sidechains is likely to be highly insecure and vulnerable to attack. Our discussion on merged mining has nothing to do with the treechains or sidechains. The sidechain is nothing more than another blockchain (potentially without it's own coins). How that sidechain is secured is orthogonal - could be merged mining, could be normal PoW, PoS, hybrid or treechains or whatever the next fancy thing is. Pegging between chains is simply a way for chains to understand eachother's state so you can "transfer" coins between them (which really means freezing/locking up a "coin" in one chain and minting/reanimating a "coin" in the other chain).

well, if you say that merged mining with sidechains is highly insecure and vulnarable to attack it sounds for that those two will not come together... Maybe my wording was wrong. I acknowledge that I have no valid technical insight and can only infer from such statements. Then lets leave out the sidechain discussion here.

edit: at least I am discussing

Fact is that the extra hash and security gains are a central argument for projects utilizing clearinghouse. This fact alone is worth it to merge mine imo.

[Mainbrain]

new UI design,or some new.?

[fox19891989]

well, if you say that merged mining with sidechains is highly insecure and vulnarable to attack it sounds for that those two will not come together... Maybe my wording was wrong. I acknowledge that I have no valid technical insight and can only infer from such statements. Then lets leave out the sidechain discussion here.

edit: at least I am discussing

Fact is that the extra hash and security gains are a central argument for projects utilizing clearinghouse. This fact alone is worth it to merge mine imo.

It should be discussed, including what impact if any could come about in the future including sidechains and treechains, good for you.

I think there could be a lot gained from discussion with Charles Lee, the idea of mining colored coins in treechains is very interesting I would love to hear what he thinks on the topic.  

Any link about discussion with Charles Lee?

[Cryptoleonardo]

so news about Zynga was fake?

[Ted Unite]

I’m not real techie, so unfortunately I cannot participate into the discussion on a technical level.

However, I can discuss on a business/customer perspective and I see massive potential for viacoin in the future. But to keep it on the merged mining subject I have a few questions. What I would like to know is:

• What are the pros and cons if viacoin allows merge mining in current state?
  
  What are the pros and cons if viacoin allows merge mining when treechains is implemented?

This helps me understand what the consequences are from business perspective and I think it will help others also to get involved into this discussion.

Thanks!

[l.crypto]

Since I think we are still looking for an "accepted here" Viacoin logo/button, here a merged version of the logos Drak posted and the concept that Yingsena submitted. Everybody please feel free to modify or enhance it!

As a reminder/quick reference:

Draks "pure" version:
https://bitcointalk.org/index.php?topic=699278.msg9446431#msg9446431

Yingsenas version:
https://bitcointalk.org/index.php?topic=699278.msg9448968#msg9448968

I just edited that post, my last effort was this ...


https://i.imgur.com/22kPs5T.jpg VIACOIN and other Major Coins Accepted

Might be usefull for a site like Pex Peppers that use https://www.coinpayments.net

https://i.imgur.com/CVVUBQK.png

Modified version of one of the merged examples with a BTC logo.

Personally I don't think this works very well, as it somehow makes Viacoin seem to be a subsidiary of Bitcoin and deludes the brand (while I already tried to make the BTC logo less prominent). Having the Bitcoin font and the “button look” is fine and even needed in my opinion, as it has become more or less a standard across all leading coins. The recognition going with that should be enough. Moreover it’s important for merchants to have this standardized look for their customers, especially since it creates a harmonic overall impression. If every coin has its very own highly customized button, it might put merchants off to integrate these images on their website as it looks like a banner desert in the end.

Nevertheless it would be good to have ADDITIONAL buttons and options available to offer merchants a wide selection to choose from – if they wish to. Maybe a webdesigner or even merchant could give some insight

[KryptoFoo]

Good morning.

Could you guys do me a favour? Our dev asked us to discuss the option of merged mining which is a very important milestone. Via opted against sidechains and pro-treechains. There are enormous gains in merged mining. I want to see this. What do you want?

We are talking merged mining with Litecoin right? Would this basically mean higher security (higher hashrate) but more centralization? Any other advantages/disadvantages? Assume this requires a hard fork - are there any serious risks to implementation?

I would vote for merged mining if it increased blockchain security, even at the risk of centralization. I assume the long term plan is that treechains will solve this centralization issue, so we can consider it a temporary trade-off.

[btcdrak]

Good morning.

Could you guys do me a favour? Our dev asked us to discuss the option of merged mining which is a very important milestone. Via opted against sidechains and pro-treechains. There are enormous gains in merged mining. I want to see this. What do you want?

We are talking merged mining with Litecoin right? Would this basically mean higher security (higher hashrate) but more centralization? Any other advantages/disadvantages? Assume this requires a hard fork - are there any serious risks to implementation?

I would vote for merged mining if it increased blockchain security, even at the risk of centralization. I assume the long term plan is that treechains will solve this centralization issue, so we can consider it a temporary trade-off.

Merged mining is with any scrypt coin, it doesnt matter which. There is no extra centralization issue that doesnt already exist. Scrypt mining is actually a lot more distributed than sha256 mining with a much larger pool diversity unlike Bitcoin which has 2 major pools dominating. Yes it requires a hard fork, we just completed one without a glitch on 3 weeks notice so I dont think it would be a problem with co-ordination and planning.

[fox19891989]

http://morellian.com/

Coming in 2015.
The Morellian project will utilize the blockchain technology of Viacoin and ClearingHouse to solve one of the biggest problems facing the art, photography, wine, and memorabilia worlds: Forgery

Hundreds of millions of dollars are spent annually on forged artwork, unauthorized prints, and fake memorabilia. Working with galleries, auction houses, and registries around the world, we are seeking to put an end to this growing problem.

The blockchain notary in ClearingHouse will serve as a living history for each piece that is entered into it. Potential buyers will be able to know that the piece is authentic, as well as it's transaction history, so there are no question marks hanging over your next purchase.

https://twitter.com/Morellian

[btcdrak]

That's really nice Yingsena. But you know it might be a good idea to drive traffic to the viacoin subreddit to help increase traffic there, than try for a new subreddit. I mean, whatever is fine, just my opinion.

I love Xmass tree, it's awesome!

[karmala]

I love Xmass tree, it's awesome!

it's ok, colors could be better, more red and gold coins for example, I'm playing with reddit as haven't really used it before and think vialove makes an excellent community coin also setup a twitter and facebook, just for fun. I'll change the text when i fix the colors,        

Thanks for your effort ying! Great job you are doing for via. I have a question regarding vialove. Is there a plan on how to use the revenue from its sale? Is it a community fund? How is this related to Viamine?

edit:Vialove are not available at the dex

[karmala]

http://morellian.com/

Coming in 2015.
The Morellian project will utilize the blockchain technology of Viacoin and ClearingHouse to solve one of the biggest problems facing the art, photography, wine, and memorabilia worlds: Forgery

Hundreds of millions of dollars are spent annually on forged artwork, unauthorized prints, and fake memorabilia. Working with galleries, auction houses, and registries around the world, we are seeking to put an end to this growing problem.

The blockchain notary in ClearingHouse will serve as a living history for each piece that is entered into it. Potential buyers will be able to know that the piece is authentic, as well as it's transaction history, so there are no question marks hanging over your next purchase.

https://twitter.com/Morellian

This is really the mysteryX thingi. I am really wondering whats behind it. Could be a huge thing.

[karmala]

Sorry for noob question: how to decrypt a bip38 encrypted via private key? It cant be done in the clearwallet yet.

[btcdrak]

Sorry for noob question: how to decrypt a bip38 encrypted via private key? It cant be done in the clearwallet yet.

https://viacoin.github.io/address-generator/ will do it.

[karmala]

Sorry for noob question: how to decrypt a bip38 encrypted via private key? It cant be done in the clearwallet yet.

https://viacoin.github.io/address-generator/ will do it.

oh, I could only find the option to encrypt it... have to look again.

edit: thanks, I found it under the wallet details tab.

[karmala]

I bought woodwallets for 800 via today. Works fine with coinpayments. https://woodwallets.io/ Will update you when I recieve them. No shipping costs is nice.

[karmala]

*frustration had on

I just checked the via richlist: there are >40 guys owning >40000 via....

What is up with you? Why are you not participating? I own a fraction of that. Are those ~>10btc you spend not worth to get involved? I really, really dont understand you. What is your motivation behind this behaviour. As an economist, I have to say that this proves that all our rationality assumptions are  crap...... game theory is wrong. My fear is that Ostroms theory of collective action is also wrong as it allows for endogenous institution building which is not happening so far (on the scale that that the richlist would suggest).

Ask yourself:

- Am I a rational person? if yes, you should see the monetary incentive to get involved and build a community.
- Am I a conditional cooperator? if yes, what is the damn social threshold that gets you involved?

The latter question is more directed to myself I guess.

ps: there is no benefit of free riding. Read Hardin (1968). Externalizing your actions will push the outcome below the social optimum. Get your shit together.

* frustration had off.

edit: this post is generally directed to community participation and specifically to the lacking discussion on merged mining. Thanks to all cooperators.