[ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer

[PondSea]

Very interesting idea, if a little bit short on details at the moment.

the purpose of this thread is to provide the details
please ask about any details you need to know

About supernetwork, will you develop a new coin?

It will be a NXT asset

[jl777]

Very interesting idea, if a little bit short on details at the moment.

the purpose of this thread is to provide the details
please ask about any details you need to know

About supernetwork, will you develop a new coin?

BTCD is my coin. I have no need to make any more coins.

Supernetwork is the combination of many coins into a unified system to maximize the value and revenues made by each coin. In addition to the capital gains made from purchasing the coin at pre-Supernet prices, revenues will be earned by selling clicks generated from the available services page. In turn this revenues will be split between the Supernet owners and various other groups. Half to Supernet, the other half to be split among all the people who are running nodes connecting to supernet, the coin communities that are part of Supernet, BTCD stakers, tbd.

James

[bidji29]

When you say you want good and active dev to join the supernetwork, i instantly think about gatra. He is the dev of Datacoin and do great things with it. The coin doesn't have much value on market but he's doing great work and doesn't abandon it.

https://bitcointalk.org/index.php?action=profile;u=119445;sa=showPosts

[profitofthegods]

Very interesting idea, if a little bit short on details at the moment.

the purpose of this thread is to provide the details
please ask about any details you need to know

Well, firstly - will ppl access this network from the BTCD wallet or from elsewhere?

Secondly, I'm not clear on how you access the features of another coin - do you mean that people will be given the option to automatically convert a balance held in BTCD into another coin and then use that coin?

Thirdly, you reference supernet nodes - are these the nodes of BTCD, the nodes of all participating coins, or an independent piece of software?

[S3MKi]

skynet

[jl777]

Very interesting idea, if a little bit short on details at the moment.

the purpose of this thread is to provide the details
please ask about any details you need to know

Well, firstly - will ppl access this network from the BTCD wallet or from elsewhere?

Secondly, I'm not clear on how you access the features of another coin - do you mean that people will be given the option to automatically convert a balance held in BTCD into another coin and then use that coin?

Thirdly, you reference supernet nodes - are these the nodes of BTCD, the nodes of all participating coins, or an independent piece of software?

Each coin continues to operate as it is, it is adding libjl777 to their coin and a button to their QT to launch a GUI
In the GUI there will be a list of features (sum of all the features from all the coins), then when it is selected the appropriate actions are taken.

BTCD is not part of the user experience for the other coins, unless of course the user chooses to use some BTCD features.

The InstantDEX will have a page in the GUI and you can do tradings peer to peer, some of these trades would clear using subatomic exchanges, others would clear via NXT AE, others via telepod swapping, etc.

SuperNET nodes means the total of all the nodes for all the coins. It is not necessary to run BTCD to be part of SuperNET, but you need libjl777 for all of my services and NXT for most of my services.
Usage of SuperNET will be at the option of the user. I think the first time they click to access the Teleport or any other service, then install sequence starts.

It seems that maybe it is better for the SuperNET to be a daemon that the other coins can RPC using localhost. This way there are no troubles for multiple coins on the same computer with both being in the SuperNET core.

Thank you! nice questions to clarify this

James

[Djinou94]

BTW Qora asset exchange will be up and running in 2 weeks 

Sept 8 

[SHossain]

Opened up a Poloniex account to buy some. Waiting for this interesting thing to happen.

[Spratan]

UNOCS is back 

[enunrom]

This is very interesting!.This time I can not miss it. 

[catinthebox]

@jl777 ! I've been following your posts and think you're great. You're making your ideas real (hard enough) with amazing speed, it's an admirable quality that I seek. I currently have no money and have invested credit card debt into bitcoin after doing some expected value math and it turning out to be positive. I invested small amounts into BTCD before it tripled to it's base of 0.009 but not enough to pay off the debt let alone the ideal of freeing me from the clutches of minimum wage slavery. You say you've made enough money to be comfortable for the rest of your life and I too wish to achieve that and then go on to cause my ideas to exist in reality, they're big ideas and I'm going to need to devote a lot of effort and time to them, a regular soul-crushing job has no place in my life. ANYWAYS SuperNET is a great idea, I had been thinking about how to beat BTC which I now realize was a non-starter. Going NEXT LEVEL is how you make the world better, beating BTC with a different coin is a linear non revolutionary way of thinking, all the coins with faster block times and lower transaction fees don't get it, but you do man, you're a visionary.

1. I come to you to communicate my respect and envy for you and your advice if you don't mind. The supernetwork, should I be investing in it with my small amount of btc (3.5 right now could make it 5.5-6 total if I were to stretch resources) expecting a substantial ROI?

2. I'd love to support the supernet but don't think I'm in a financial position to have funds locked up in it before it exists, or can i trade the assets on poloniex immediately after I purchase them?

3. Also regarding "click revenue". As I understand it (poorly) the superNET is going to be a nice zone where coins all follow the same coding rules via libjl777 and thus can interact with each other via the various services that are implemented to the SuperNET, which is why you want the coin devs to implement their unique features in the network. I'm unclear on what the nodes do in the supernetwork though, who are they hosted by and how will tx fees (betting, instantdex) be enough to justify operating a node (and should I run one in the hopes that I can make money off of it when it gets up and running?)

4. I'm not currently staking my BTCD but will if that somehow gives me a profit, I'm unclear how staking works and how you plan to revenue share with BTCD holders from the superNET and WHY you would do that other than incentivising the use of the base Teleport coin.

5. Poloniex is going to make the IPO live in the next week I imagine, so BTCD will undoubtedly get a boost, knowing your sympathy for making people money, what would you suggest is the best course of action for someone in my position (3.5 BTC, could make it 6 by Monday) in order to capitalize on this SuperNET IPO and BTCD getting a boost, do you think BBR is a good move (I know you're all about CZ but has all the money gone into it or will SuperNET IPO cause it to rise too) I'm new to all of this trading stuff, I'm a tech veteran though and I think I learn quickly.

I'd love to chat with you on skype/facebook or in real life if you live in Vancouver and thanks for your time man, your volume of thoughtful posts + coding all day is insane! PS I'll fire more clarifying questions after you respond, I know it has benefit for everyone else too.

[From Above]

it says jl777 im in

~CfA~

[fabula]

What are you gonna buy?
BTCD? NXT? j7? All three coins?

[McDoxy]

@catinthebox

putting your eggs in one basket is not wise and if you're looking for a good ROI I would rather advise you to invest a portion into BTCD since it will be at the core of the superNET.

I will invest into the superNET IPO, not because I expect a good ROI, but because I support the cause and it will greatly reflect on the BTCD value and every other coin that joins.

[timmyd]

I predict this smashing etherums ipo total

[wolfblitz]

Hi I have read everything in what you wrote...It's very impressive!!

We are currently working on an unknown 2nd gen crypto currency project which can instantly issue a new coin for anyone within a single blockchain.
The good point is that not all the coins needs mining since there is only one blockchain! And we can flexiblly apply different consensus algorithm if we have multi-blockchains. In this case, people choose their favorite algorithm to reach consensus.There will be massive kinds of coins in the future,and no doubt the future is completely decentralized and linked together, via P2P Dexchange we thought, but now I think supernetwork is more awesome!
We would like to join the supernetwork if possible.If you like,we can even cooperate with each other.

Looking forward to your reply!

[fabula]

@catinthebox

putting your eggs in one basket is not wise and if you're looking for a good ROI I would rather advise you to invest a portion into BTCD since it will be at the core of the superNET.

I will invest into the superNET IPO, not because I expect a good ROI, but because I support the cause and it will greatly reflect on the BTCD value and every other coin that joins.

You really think btcd will rise?
Have you check the sell order on bittrex?
You need 95 btc investment to rise till 0.01255000.
It's hard...very hard.
I think early buyer of btcd are the winner.
Who enter now just will take small profit.
Maybe i'm wrong......

[McDoxy]

@catinthebox

putting your eggs in one basket is not wise and if you're looking for a good ROI I would rather advise you to invest a portion into BTCD since it will be at the core of the superNET.

I will invest into the superNET IPO, not because I expect a good ROI, but because I support the cause and it will greatly reflect on the BTCD value and every other coin that joins.

You really think btcd will rise?
Have you check the sell order on bittrex?
You need 95 btc investment to rise till 0.01255000.
It's hard...very hard.
I think early buyer of btcd are the winner.
Who enter now just will take small profit.
Maybe i'm wrong......

I'm talking about long-term gains. Who knows what will happen short-term.

[catinthebox]

@McDoxy

I don't plan to go all in with BTCD, but I am curious as to the man's intentions and opinions about other high potential short/long term investments for someone in my position.

JL777! I made a thoughtful post at the end of page 3 in case you missed it!

[From Above]

You need 95 btc investment to rise till 0.01255000.
It's hard...very hard.

LOL

95 btc are peanuts little man

~CfA~