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

[_mr_e]

What are the SuperTraders?

Also, just curious but I've noticed that a majority of your implementations tend to use the nxt messaging feature as it's core reason for using nxt. I am just wondering your thoughts on why nxt is better for this instead of using bitmessage? Would you be able to accomplish some of the same things with bitmessage?

[jl777]

What are the SuperTraders?

Also, just curious but I've noticed that a majority of your implementations tend to use the nxt messaging feature as it's core reason for using nxt. I am just wondering your thoughts on why nxt is better for this instead of using bitmessage? Would you be able to accomplish some of the same things with bitmessage?

sorry, too busy now for explaining detailed design decisions
have to rework the main sendmessage function and it is rather complicated

[jl777]

making progress

I am expanding the topology so that all privacyServers across the SuperNET will be able to directly contact each other
this loses the onion routing anon factor for these cases, but for public broadcasts, it is nice to have a quick way to propagate things like orderbooks, pubkeys, etc

found some issues with larger number of onion layers and general issues with the sending of messages. debugging the different pubkey for the localhost privacyserver ended up having some wider scale impact, but I think it is well worth it to reduce the info that can be easily deduced from public packets.

Now I need a linear time method to propagate all the pubinfo's within each coin network. Then I can test the peerinfo gateway.

The remote command processing works sproradically due to lack of complete route info in all cases, so need to get the low level transport solid before I can debug higher level functionality.

James

P.S. for those worried about too many connections, I am using UDP which is connectionless. though the current code is doing the tcp also, i need to streamline that.

[Cassius]

Perhaps I am wrong, but I was under the impression that parts of the funds raised will be used to purchase amounts of BTCD, BBR, NXT and so on. This is besides the assets owned by SuperNET that comprise the basic functionality (Instadex, privatebet, etc). Is that not true?

What proportion of BTCD are you planning on keeping from that raised? i.e. are you going to sell any for BTC so that there's less exposure to it?

Cheers

I think James has already bought 10% BTCD and BBR, or owns them via assets, hence it's safe to announce these.
SuperTraders = highly successful traders.

[Reishicoin]

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

the logo in the corner looks cool. should put it on the first page

[jeezy]

What are the SuperTraders?

Also, just curious but I've noticed that a majority of your implementations tend to use the nxt messaging feature as it's core reason for using nxt. I am just wondering your thoughts on why nxt is better for this instead of using bitmessage? Would you be able to accomplish some of the same things with bitmessage?

As far as I understand it the SuperTraders will make sure that the coin conversion on the exchanges are smooth and at the best rate possible to give a most seamless transaction between the coins within the SN. I guess they will also be in control of the TradeBots algorithms since they know best how to implement the trading stuff.

[subSTRATA]

What are the details of the purchasing of BTCD and other coins at the end of the fundraising?

Reposting this question

why would I be posting such details ahead of time?

Of course it does not suit you to increase number of insiders, scumbag.

[luckygenough56]

Why do you you guys sell under ipo price ? Don't you want to give him his 600 000 BTC or what ? Don't you think one need at least 300 millions dollars to start a project ?

When i think some people thought Crypti ipo was a huge amount ( 750 BTC )

Dear out of your mind crypto world, i will buy jl777's shady tokens when it will be at a decent price like 0.00005, and again i'm not even sure...

In my world, i only buy something that high when it proves to be functionnal and working.

"And there he came among us dividing assets like bread so that no one shall be overlooked"

Chronicles of jl777 the crypto messia. Verse 4.

[superresistant]

What are the SuperTraders?

A team of professional traders that maximize gain.

Also, just curious but I've noticed that a majority of your implementations tend to use the nxt messaging feature as it's core reason for using nxt. I am just wondering your thoughts on why nxt is better for this instead of using bitmessage? Would you be able to accomplish some of the same things with bitmessage?

Nxt message is better because it is infinitely more flexible/adaptable.
Any request can be handle by Nxt devs in no time. It is impossible on Bitcoin.

[Nxtblg]

There are no comparable companies that have an trading fund, angel fund, revenue sharing and advertising that I know of.
Any estimate of book value multiples of book value, even which book value (crypto coins only or with assets?), this is really the big unknown.

So we have an unknown amount of upside, in exchange for a reasonable worst case downside of ~20%. It is up to investors to determine if they feel the upside is worth the potential downside

James

That's why I got ~50 TOKEN a minute after the pre-sale opened and plan to buy 50 more today. Supernet makes a lot of sense to a humble numbers man like myself

[Cassius]

Ugh. Worth addressing a couple of posts there, I guess. For some reason I've just been reminded of a wonderful line from an old ZX Spectrum rpg game, The Hobbit. 'His foul gluttony has killed a hideous troll.' Happy memories...
Acquiring significant proportions of the market cap of promising crypto before announcing it is to prevent insider trading or pumping. Any pump pre- announcement would be immediately obvious.
Second, when you buy Token you are paying for crypto, not assets or future capabilities. Those are thrown in after the ICO for no extra cost. A decent price is the market price.
A little basic research, please.

[Cassius]

Yeah, but the FUD seemed worth addressing for the uninitiated.

[Este Nuno]

What are the details of the purchasing of BTCD and other coins at the end of the fundraising?

Reposting this question

why would I be posting such details ahead of time?

Of course it does not suit you to increase number of insiders, scumbag.

So you're saying he shouldn't act in the best interests of investors now?

[subSTRATA]

What are the details of the purchasing of BTCD and other coins at the end of the fundraising?

Reposting this question

why would I be posting such details ahead of time?

Of course it does not suit you to increase number of insiders, scumbag.

So you're saying he shouldn't act in the best interests of investors now?

He is already not acting in the best interest of investors, dumbass.

[mcjavar]

Why did the price go down on the TOKEN/BTC pair?

[_mr_e]

What are the SuperTraders?

A team of professional traders that maximize gain.

Also, just curious but I've noticed that a majority of your implementations tend to use the nxt messaging feature as it's core reason for using nxt. I am just wondering your thoughts on why nxt is better for this instead of using bitmessage? Would you be able to accomplish some of the same things with bitmessage?

Nxt message is better because it is infinitely more flexible/adaptable.
Any request can be handle by Nxt devs in no time. It is impossible on Bitcoin.

Just a note: bitmessage is not bitcoin. It is a fee less messaging blockchain that uses proof of work to prevent spam. As far as I can tell it would offer similar benefits to nxt messaging. But I don't know, that's why I am asking the question. I also ask because Open Transactions is likely to be the biggest competitor to SuperNET and they are making heavy integration of bitmessage/namecoin/bitcoin at it's core and the lack of a secondary "coin" for fees could be a strong benefit.

[superresistant]

What are the SuperTraders?

A team of professional traders that maximize gain.

Also, just curious but I've noticed that a majority of your implementations tend to use the nxt messaging feature as it's core reason for using nxt. I am just wondering your thoughts on why nxt is better for this instead of using bitmessage? Would you be able to accomplish some of the same things with bitmessage?

Nxt message is better because it is infinitely more flexible/adaptable.
Any request can be handle by Nxt devs in no time. It is impossible on Bitcoin.

Just a note: bitmessage is not bitcoin. It is a fee less messaging blockchain that uses proof of work to prevent spam. As far as I can tell it would offer similar benefits to nxt messaging. But I don't know, that's why I am asking the question.

I can't find much info about bitmessage. It looks like the project is not active.
Nxt messaging on the other hand is working, active and flexible.

[_mr_e]

Sorry see my edit above, open transactions will likely make bitmessage very active. Not trying to say one is better then the other, just trying to do my due diligence as an investor and Monetas/Open Transactions haven't been building open source software for years and setting up a massive base in Switzerland for no reason.

[SHossain]

Why did the price go down on the TOKEN/BTC pair?

The price didn't go down actually. Official price is 0.01095625. After a lot of people asked, BTER opened trading below the official price. This makes it easy if anyone needing the money for something or weak hands to sell their shares. If you are looking for some cheap TOKEN, now is the time to grab them before official price goes up.

[Este Nuno]

From another thread:

Can somebody explain how I can send any coin in the SuperNet using BBR's ring signature technology?  It's really difficult for me to grasp how this is going to work ...

My very likely completely wrong guess:

Short guess though for BTCD --> BBR transaction is this: 'Teleport' the BTCD in to a multi sig 'telepod' onion routed through the supernet. MGW and instantDEX instatly converts it to BBR at market rate minus a small fee. SuperNET nodes use multisig to complete your BBR transaction according to the details you specified.

The above is pure non-technical speculation and should not be considered anything but a guess on my part!

Also, I don't think this is supposed to replace BBR. Having BBR and sending it is probably always the best option. But I think a big part of superNET is giving users options and making everything available to them and giving them a choice of what tech they want to use.

I thought this question would be better suited for this thread rather than one of the other FUD threads that have popped up.