[20:48] == oaaa [5f971ac7@gateway/web/freenode/ip.95.151.26.199] has joined ##BlackToken
[20:48] <oaaa> dev here
[20:48] <oaaa> are you releasing tokenmixer on monday v2
[20:48] <@BlackToken> no I am not
[20:49] <@BlackToken> I am releasing a roadmap and also the specs for tokemixerv2
[20:49] <oaaa> oh
[20:49] <@BlackToken> I am building it on top of the existing tokeMixer but it will utilize different blockchain
[20:49] <@BlackToken> I am sure you can relay this to the rest of the people on BCT I just don't want to release all the info in fear somebody might steal it
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[20:49] <oaaa> ok im a bit confused about the multia algo multi blockchain mixer what does this do
[20:50] <@BlackToken> okay so right now the token mixer uses time delays and splits the tx in order to obfuscate it right?
[20:50] <@BlackToken> just like bitmixer.io
[20:50] <oaaa> yes
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[20:50] <@BlackToken> its nothing really new but its open source thats what distinguishes it
[20:50] <@BlackToken> but the problem is that it takes time
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[20:50] <@BlackToken> and you neeed multiple people using it
[20:50] <@BlackToken> to actually work
[20:51] <@BlackToken> so I decided to implement something different. Imagine bitcoin and blacktoken running on the same server
[20:51] <@BlackToken> it uses APIs from bittrex, ccex, and all teh exchangfes BLKT is on to set a price
[20:51] <@BlackToken> then it will exchange the sent blkt into btc (internally)
[20:51] <@BlackToken> meaning there is no actualy transactions done
[20:51] <@BlackToken> then it will send the btc to an antinode
[20:51] <@BlackToken> which will convert the btc back to blkt
[20:52] <@BlackToken> so it makes an instant coin mixer
[20:52] <@BlackToken> and you don't need multiple peopolee using it to actually work
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[20:53] == mode/##BlackToken [+v coinprice] by herbert.freenode.net
[20:53] <oaaa> so in simple words the old fashioned mixer requires a group of people to mix their coins here what you are doing is selling blkt on exchange and then using that btc to buy new blkt which is sent back to user
[20:54] <@BlackToken> yea
[20:54] <@BlackToken> but its using 2 nodes
[20:54] <@BlackToken> not like an exchange where you loose money and have to satisfy sell orders
[20:54] <@BlackToken> the nodes just put entries in their db for the exchange done
[20:55] <oaaa> one question what about the difference in price, as your buying and selling how would you end up with the same amount of coins mixed as bid and ask is different
[20:55] <Barryzand> Hi Blacktoken... had a nice holiday?
[20:55] <@BlackToken> yes you would end up with same amount of coins
[20:55] <oaaa> ahh
[20:55] <@BlackToken> not back yet
[20:55] <Barryzand>
[20:55] <@BlackToken> coming back on monday guys
[20:55] <oaaa> i got it
[20:55] <@BlackToken> you can use any blockchain
[20:56] <@BlackToken> and use that but will probably impelment and already made coin with fast transactions
[20:56] <Barryzand> BlackToken, if you have some time... pls post something in the btctalkthread... people are panicking again lmao
[20:56] <@BlackToken> yea
[20:56] <@BlackToken> i will post something
[20:58] <oaaa> ok will the v2 be ready in 2 weeks
[20:58] <oaaa> will the roadmap in the explnantion you have just given me on multi blockchain
[20:58] <oaaa> include
[20:58] <@BlackToken> yes I will do an explanation
[20:59] <@BlackToken> full explanation that will actually make sense guys don't worry
[20:59] <@BlackToken> I will try to make a graphic too
[20:59] <oaaa> yes graphics will hep
[20:59] <@BlackToken> in 2 weeks?
[20:59] <oaaa> help
[20:59] <@BlackToken> I think so
[20:59] <@BlackToken> I realy do it took me 1 week to make this coin mixer from scratch
[20:59] <@BlackToken> so building on top of it should not be hard
[20:59] <oaaa> ok will we get the weekly update where we can get some shots
[20:59] <oaaa> also how is design coming along for the mixer
[21:00] <@BlackToken> I can't work on anything because I am not home
[21:00] <@BlackToken> I am still at yosemite untill tomorrow
[21:00] <@BlackToken> I will be back on Sunday night
[21:00] <@BlackToken> sorry for that but it was a planned vacation
[21:00] <oaaa> ok but the design of the mixer will be changed right
[21:01] <@BlackToken> yes it will be\
[21:01] <oaaa> plus will this mixer be included in the wallet
[21:01] <@BlackToken> that is the next steps
[21:01] <@BlackToken> so now I want to make a revolutionary feature
[21:01] <@BlackToken> that no other coin has
[21:01] <@BlackToken> which is TokenMixcerV2
[21:01] <@BlackToken> that should take 1-2 weeks max
[21:01] <@BlackToken> I would not be surprised if I finish it in 1 week
[21:01] <@BlackToken> and then we will focus on the wallet
[21:01] <@BlackToken> I want to add p2p chat, bittrex support, and of course the mixer
[21:02] <Barryzand> sounds good man
[21:02] <@BlackToken> it shouldn't be too hard to implement because the wallet will just be talking to the tokenMixer server through APIs
[21:02] <@BlackToken> so yes big plans for this coin
[21:02] <oaaa> amazing can't wait to use it
[21:02] <@BlackToken> I already told you guys my expectation is 1 mil cap that is when I might ocnsider selling some of my coins to pay for development
[21:03] <@BlackToken> I am not touching coins untill then we got a lot of work to do
[21:03] <Barryzand> I think you can set a higher target then that
[21:03] <@BlackToken> who is bitcoinwonders here?
[21:04] <Barryzand> dunno
[21:04] <@BlackToken> tell him thanks for helping with the FUD he has been all over my thread defending me
[21:05] <Barryzand> maybe you need too select a communitymanager mate
[21:05] <Barryzand> one who can answer all of these stupid fud questions
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[21:06] <Barryzand> he looks like the man for the job
[21:06] <Barryzand>
[21:06] <damianobtc> hey
[21:06] <@BlackToken> yes I think I should
[21:06] <Barryzand> hi mate
[21:06] <@BlackToken> alot of work to do like I said
[21:06] <@BlackToken> hey damia
[21:06] <Barryzand> yeah... maybe blacktoken pr or something
[21:06] <@BlackToken> damian
[21:06] <@BlackToken> yea
[21:07] <damianobtc> hey dev do you reside in socali by chance?
[21:07] <Barryzand> could be usefull and build so me trust
[21:07] <damianobtc> wondering since your up north
