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Author Topic: ANN: [OPAL] | POS | Secure Messaging |NO ICO  (Read 367373 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (1 post by 1 user deleted.)
CryptoNick
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March 25, 2015, 03:15:58 AM
 #3141

Reworded below...

Hi Cryptonick,

There are interesting things here,  but it needs to be a little more clear, especially the beginning (1st section) , could you make it ?

I will give it a shot...

There is a conundrum with any crypto. It takes FIAT to buy BitCoin unless you Mined it initially or have 40PHash kicking around, then taking that BitCoin to buy an Alt-Coin in order to then Buy something with that coin or participate in its economy. Most people who buy are looking to cash in at a profit and leave period, buy low - sell high. So the coin market cap can be syphoned at anytime by any group or even just by large transactions trading back out to BitCoin. Volatility is not good for stability.

So to deter this type of behavior some measure needs to be in place to protect the economy of the Alt Coin. This is where suggestions are welcome.

I have devised an idea to utilize ebay in what I call "obey" or payment processing through "O-Pal" and possibly attract ebay users curious about Crypto. This is meant to be as a separate way to process payments and not really intended to subvert ebay, but it just works out that way. Although you could just take the final value and send it as Opal but you still have to pay ebay their final value fee in USD so it is not level since you are helping build an Opal base and should get a break there too, but it could be legitimized by paying the full fee. Shipping is always paid in FIAT though since you have to pay a fee based on that also.

What I was hoping to accomplish was making a Colored Coin after a successful transaction on the O-Pal service created for ebay auctions. Opal would be paid in to the auction number using the "Best Offer" API from ebay and a preset code attached to the sellers wallet which is their ebay username as an ALIAS on Opal. The Opal is sent and after every transaction you only have 30 days to dispute it or it would automatically send the funds. So there would be some type of recourse involved. Since everything transacted in Opal there may have to be a way to see how much BitCoin came in to tell what the Ratio was for Market Cap also. Just to be fair since people who own Opal now didn't pay as much to get in or may have paid more but can not leave now. And the Ratio may be necessary to make it so people can not just buy and sell things to themselves. So it is still based on a real Market Cap of BitCoin coming in but then it is protected from leaving, and if the money does leave percentages are taken away and burned.

Although people could still sell their Opal openly to anyone at least the main exchange will not be participating in devaluation. It just means if you buy this coin you mean to use it and only profit internally not externally or as much as can be protected.

When coloring this coin with the auction I was hoping to denote the value of the auction to create an internal Market Cap, but anyone who has the product would be able to resell it or its value is diminished as it is a used product and market cap would be higher and would need to depreciate over time, but it still related to money going in if a Ratio is used. People would be buying in through BitCoin though so it could still represent the actual colored coin I guess if we synch down the exit of Opal to BitCoin. So technically this could still work since the Opal came in at one point as BitCoin and people would not be able to place low buys from an exchange and must buy at a certain price since the BitCoin went in and we don't want to devalue the coin. It is fairness to all those participating and if everyone holds the value skyrockets. You now can buy more products with less Opal on every transaction that occurs on Obey/O-Pal.

So this would grow exponentially if we protect it. Creating a new Exchange wallet that has the math built in to see what colors were made and then only allow sells at certain prices. Or we create PoW that equals the buy in, once a BitCoin order hits the Exchange the Difficulty could drop to create that coin and a portion goes to the miners like a fee. It would be instant though so placing an order has no wait time, BitCoin could also stay in reserve since maybe no one wants to sell out, this only drives up the Market Cap. People selling out have their coins burned since they already came into the Exchange and had a huge percentage taken out. Or possibly do the same with PoS. Difficulty would stay so high if no BitCoin enters so that protects the Opal and has an equalibrium closer to current PoS shares. This could be worked out by the devs who know best though...

It would seem centralized, but its not, since the whole point is to protect the BitCoin that went in from coming out since this equals the Market Cap used to buy products internally. So the only real people going out to BitCoin would be Merchants selling brand new products. They have to pay for their products in FIAT so they must take their costs into consideration. But the fact is most people who may want to use Obey or O-Pal will most likely already own the product and just want to participate in Opal and put their products up instead of BitCoin.

So the Market Cap would start out very small and people who get in first can grow their Opal as an Exponent since others will jump in later. Then as long as the Market Cap is protected people will want to tell other people on ebay or word gets around and others try it and it just keeps building and building. Every transaction now becomes worth instead of just churning out a transaction back out to BitCoin. Then also to compliment the fact that if they buy Opal and pay for something on ebay using O-Pal they now grow their Opal too when others do the same. So they have more power now, and it is like ebay bucks on steroids!

I think this will work now, let me know if it can be secured better as I know the functions can be written by the Devs. And to top it off the only other Merchants may actually be Digital Download providers who may be happy to accept and participate in Opal (since it only grows exponentially) and people can then download their products with the goods they sold on Obey or O-Pal.

Oh wow long post again... Sorry
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March 25, 2015, 09:45:51 PM
 #3142

OPAL DRIVE FUNDRAISER

Opal Drive is the ultimate file sharing platform:

* Decentralized
* Easy
* Simple
* Quick

Opal Drive is a fork of Syncthing, and we're building Opal integrations that will possibly even be pulled upstream.  We need your help.   Opal is in the process of hiring a go developer for this project, and we need your support to help afford the work to make Opal Drive the best file transfer system out there.

If you want to help, you can donate via lighthouse, and you will be forever appreciated for helping Opal develop.  If you don't want to donate, we still love you.

You can download the project file here: https://github.com/OpalCoin/OpalCoin/releases/download/fund/opal-drive.lighthouse-project

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March 27, 2015, 04:30:04 AM
 #3143

OPAL DRIVE FUNDRAISER

Opal Drive is the ultimate file sharing platform:

* Decentralized
* Easy
* Simple
* Quick

Opal Drive is a fork of Syncthing, and we're building Opal integrations that will possibly even be pulled upstream.  We need your help.   Opal is in the process of hiring a go developer for this project, and we need your support to help afford the work to make Opal Drive the best file transfer system out there.

If you want to help, you can donate via lighthouse, and you will be forever appreciated for helping Opal develop.  If you don't want to donate, we still love you.

You can download the project file here: https://github.com/OpalCoin/OpalCoin/releases/download/fund/opal-drive.lighthouse-project



Nice features incoming !

E=(ɔ)mc²
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March 28, 2015, 02:37:42 AM
 #3144

If anyone wants to sell opal in bulk, pm me
I'll buy up to 1 million @ market

ps:

No solid dates, but tomorrow looks good Wink
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March 28, 2015, 04:17:13 AM
 #3145

If anyone wants to sell opal in bulk, pm me
I'll buy up to 1 million @ market

ps:

No solid dates, but tomorrow looks good Wink

Agreed. I'll up that to two million. PM me once you have sold to Bass as he is first. Thanks!
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March 28, 2015, 04:32:38 AM
 #3146

bassguitarman
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March 28, 2015, 04:45:36 AM
 #3147

Announcing the Colored Coins GUI

Python based UI created with PYQT4 and requests for cross platform and one touch use.


Download

https://github.com/opalcoin/ColorUI/archive/master.zip

Requirements

Python 2.7
https://www.python.org/download/releases/2.7/

Requests
http://docs.python-requests.org/en/latest/user/install/#install

PyQT4
http://pyqt.sourceforge.net/Docs/PyQt4/installation.html

How to use

Windows:
Install requests and PyQT - be 100% sure you matched architecture versions, ie. 32bit for 32bit.
double click the .py file and enter an exact url, by default its set to http://dev.opal-coin.com:8080/
You will see the output in a second window, close either to exit the program gracefully.

Linux:
Install requests and pyqt with your package manager, execute the script with:
python ColorUI.py
or double click the script on your desktop, as the application will not run without x

Mac:
Install requests and pyqt, double click file, see windows instructions and consider switching to windows or linux.

Notes

* For now, this is demo purposes only, until we release the guide on running colorcore locally, you can use http://dev.opal-coin.com:8080/ as the server.
* Addresses are not in typical address format, they start with a b.  This is to prevent accidental spending of assets

~The Opal Team

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March 28, 2015, 05:35:51 AM
 #3148

Well done Opal Team  Grin Grin Grin Grin
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March 28, 2015, 09:00:52 AM
 #3149

Very nice guys!
Felt inspired to create a little colourful Opal graphic to contribute to the Opal artwork. (even though I understand 'colouing' coins does not mean to physically colour :p)



Cheers
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March 29, 2015, 02:08:31 AM
 #3150

Very nice guys!
Felt inspired to create a little colourful Opal graphic to contribute to the Opal artwork. (even though I understand 'colouing' coins does not mean to physically colour :p)



Cheers

Announcing the Colored Coins GUI

Python based UI created with PYQT4 and requests for cross platform and one touch use.


Download

github.com/opalcoin/ColorUI/archive/master.zip

Requirements

Python 2.7
python.org/download/releases/2.7/

Requests
//docs.python-requests.org/en/latest/user/install/#install

PyQT4
//pyqt.sourceforge.net/Docs/PyQt4/installation.html

How to use

Windows:
Install requests and PyQT - be 100% sure you matched architecture versions, ie. 32bit for 32bit.
double click the .py file and enter an exact url, by default its set to http://dev.opal-coin.com:8080/
You will see the output in a second window, close either to exit the program gracefully.

Linux:
Install requests and pyqt with your package manager, execute the script with:
python ColorUI.py
or double click the script on your desktop, as the application will not run without x

Mac:
Install requests and pyqt, double click file, see windows instructions and consider switching to windows or linux.

Notes

* For now, this is demo purposes only, until we release the guide on running colorcore locally, you can use http://dev.opal-coin.com:8080/ as the server.
* Addresses are not in typical address format, they start with a b.  This is to prevent accidental spending of assets

~The Opal Team


Thank you Bass & Well done,

Nice artwork RCan06,

Keep on Building the Opal bridge !

E=(ɔ)mc²
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March 29, 2015, 02:10:57 AM
 #3151

I invest in this coin @ 3k. new updates etc, but why is no one buying this?!
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March 29, 2015, 05:23:18 AM
 #3152

I invest in this coin @ 3k. new updates etc, but why is no one buying this?!

The wallet is in Alpha... You just want to get rich off the coin? I bought up to 7K myself, I tried to boost the price for you but people took profits. I want to build the coin so it can be used and valued, not just churn out profits for buyers and sellers. That is the problem nowadays, people want to get rich and dump to FIAT asap.

I am trying to figure out new ways to boost Market Cap and stabilize to help the coin, which may make you rich, but once you sell out you won't be able to get back in at your price point ever, hopefully if we can make it work right. The Devs are not paid for their work and they do not sell off coin since even the market cap dictates it is not worth selling to pay yourself yet. So they are hoping their work catches on and pay off later when the coin is bought to be used to buy digital products or branch into new ideas to sustain market cap.
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March 29, 2015, 02:45:30 PM
 #3153

Always enjoy reading your posts nick  Cool
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March 29, 2015, 06:49:30 PM
 #3154

So they are hoping their work catches on

In order for something to catch on, it needs a marketing strategy, not hope.

This is the biggest problem with every coin.

Whomever comes up with the right marketing strategies wins.  Not all marketing strategies cost money, some just take time and effort.

Anyone have any solid ideas?

New venture: Your data in an real underground bunker. Interesting. http://tinyurl.com/msm8t3u
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March 29, 2015, 08:38:20 PM
Last edit: March 29, 2015, 09:24:15 PM by RCan06
 #3155

So they are hoping their work catches on
In order for something to catch on, it needs a marketing strategy, not hope.

This is the biggest problem with every coin.

Whomever comes up with the right marketing strategies wins.  Not all marketing strategies cost money, some just take time and effort.

Anyone have any solid ideas?

     I agree with this, marketing and spreading the word is huge. I think OPAL is doing a great job spreading itself out. By that I mean, most crypto-currencies despite being decentralized are actually pretty centralized. They are centered around a single bitcointalk thread (and as we have experienced this causes problems). Thanks in big part to being a part of SuperNet, Opal has spread out and I see Opal discussion on the SuperNet forums (and in the slack logs), the IRC (I encourage people who haven't to go chat sometime!), Opaltalk.org (underutilized), and here in the Bitcointalk thread (and of course Facebook/twitter/G+). Like any young coin though, the community is still relatively small, but growing. So the infrastructure in place is not nearly being utilized to its fullest, but it is there as the community expands.

   First suggestion right now that I feel is important... Because Opal's conversation/development/ideas are spread out, we should make sure to keep all these linked. I see development being posted in the slack logs that does not make its way over here. I think making sure all of these activity points are being updated equally is a good idea. Especially this btctalk thread, since this is currently the central point for alt-coin activity.
  
   Second, building on that, Keeping this thread active is a must as well (something we should all work on) because CONSTANT activity brings interest, and it is the cheapest and easiest way to do so in my opinion. We don't always have to discuss opal developments, but just having a talkative friendly and welcoming community is free and easy. Smiley I'd be willing to assume coins like Dark/Dash, Burst, Shadow, Monero etc, gain followers/investors in part because of constant forum and community activity which people see and think "hmmm why is this so popular here?".

    A big peeve of mine, is that currently in the alt-coin scene market activity appears to be what gets the most (albeit short term) attention. You can have releases, great ideas, great plans, great devs, or you can be another crap coin with nothing new to offer but also be getting good volume on a site like bittrex, and thus 'praise' and attention. Even with bitcoin, a flood of new people appear during bull trends; they don't necessarily know about bitcoin's development and technical side, but they know the price is rising and are thus drawn in. Opal isn't much different in this regard. When we saw a rise in price in November, this thread was very active, probably 30-40 posts per day for a brief period, now the price has been fairly stable, development continues, devs are still here working away, we got some promising teasers of whats to come and yet the posts in here have dwindled to a few per day.

      Then I think a question becomes, how do we keep a large portion of people that move from coin to coin, and how do we keep growing our community at an efficient rate? That is where I feel keeping and active and engaging community is key. It doesn't help any to let this thread sink to 6-7 pages, then post about the lack of discussion that is taking place. Help create the discussion, and build on it. Share idea's, discuss crypto, finance, hobbies, your dog, whatever, it keeps activity steady and gives people a chance to join in. (Shout-out to CryptoNick for creating some discussion building posts.).

Back in mid/late October, I heard about Opal because there were others in the forum talking about it in other threads. I came to the thread to see a flurry of ideas and discussion and a join in. I stayed because I enjoyed the atmosphere (of course the development is great as well Wink ).

So to make a long post short, I think a good place to start is just create discussion, participate in discussion, give share ideas, thoughts, it doesn't even have to be solely about Opal. Keep this thread active and welcoming, this way we can attract, introduce, and build a community when people stay to take part. This is simply what WE can do for free. Articles, and professional marketing all another ballgame which is also important. But it is less effective to attempt to draw people into OPAL when there isn't activity to keep them drawn in. That is where community comes in.

That's my 2 Opals for now. Smiley
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March 29, 2015, 08:58:06 PM
 #3156

Mac users can now test the .app version which auto downloads all dependancies, and is a one click to run.

http://whitjack.me/ColorUI_Mac.zip
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March 29, 2015, 10:37:57 PM
 #3157



Syncthing is used to synchronise docs between two devices. can someone please explain how this is going to be modified to include saving things on the blockchain? That is what i thought opal drive was going to be. That is what sjcx is trying to deliver which was why opal was going to use that initially.

Is there a change to what opal drive is going to be?
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March 29, 2015, 10:42:34 PM
 #3158



Syncthing is used to synchronise docs between two devices. can someone please explain how this is going to be modified to include saving things on the blockchain? That is what i thought opal drive was going to be. That is what sjcx is trying to deliver which was why opal was going to use that initially.

Is there a change to what opal drive is going to be?

http://whit.opal-coin.com/opal-drive-update/
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March 29, 2015, 11:06:24 PM
 #3159

Always enjoy reading your posts nick  Cool

Thanks! That is good to hear and I appreciate you posting to let me know that. I am working on a new idea too that may go hand in hand with O-Pal ebay ideas. Voidlord gave some good points to me since I am not super technical but a quick study, and more of an idea guy. Protecting coin economies is now my main goal. It is the only way people can feel safe investing in a coin or even just to use it or accept it as payment.

So they are hoping their work catches on

In order for something to catch on, it needs a marketing strategy, not hope.

This is the biggest problem with every coin.

Whomever comes up with the right marketing strategies wins.  Not all marketing strategies cost money, some just take time and effort.

Anyone have any solid ideas?


Yeah I meant hope as an overall desire within their efforts. I know the devs talked about Marketplaces and had a place setup to buy F-Secure and such.

I want to go big and try to gain ebay users support. We don't want to jump the gun though and make sure the things we create are Viable but also tested.

I was thinking we make a Video after we create the "obey/O-Pal" interface and then make the very first ebay transaction one Gem from ebay and that would be an Opal, then have other merchants start to build the internal Market Cap from there making trade after trade up to $100,000. So we can show that we went from one Opal worth $15 to $100,000 in a short time and it may go Viral. The market protections will be in place by then and we will show how keeping your $15 worth of Opal now equals $100 or whatever we work the math out to. If you use the coin to buy again you just boosted the internal market cap again. If you sell back out to BitCoin then you loose your $100 internal market cap but may make  $20 instead of $15 and thanks for using Opal. This would show people they don't need to Rape a coin on the exchanges to make money but once you use the coin now you have created worth internally that will reflect more if you stay and less if you leave.

We are going to work on some cool aspects of this to entertain more merchants and I think it will take off if we can secure it, automate it, and still be open source so that everyone knows the function is hard coded to work for them and Opal simultaneously. I think it can be done and Voidlord is looking into the intricacies.

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March 30, 2015, 08:05:15 AM
 #3160

could you list the microsoft Visual C++ Redistribuable package you have ? (in programs and features) ?

The 1st 5 listed below came pre-installed on my OS; the last 2 form part of Visual C++ Redistributable for Visual Studio 2012 Update 4 which I d/loaded from http://www.microsoft.com/en-us/download/details.aspx?id=30679; that package includes a 3rd file, called vcredist_arm.exe, but as mentioned in a previous post, vcredist_arm.exe can't be run because, despite meeting the system requirements of this file, my Windows 7 service pack 1 OS doesn't see this file as a valid Win 32 application.

http://imagizer.imageshack.us/v2/xq90/661/sdb7VN.png


Do you have Antivir Pro ?

No.

I run Norton Internet Security, Malwarebytes Anti-Malware,  Zemana Anti-Malware and Zemana Anti-Logger


When you right-click on opalcoin.conf and choose property: does win7 tells you it is a .conf file ?

Yes - CONF File (.conf)


is your Opalcoin-Qt folder (where you should have opalcoin.exe ) is in the "Downloads" folder ?

No, when I d/loaded the Opal-Qt-opaque.1.3.1 folder it was (automatically) saved in 'My Documents'


If yes please cut & paste Opalcoin-Qt folder on you Desk.
then, save your wallet.dat and your opalcoin.conf erase all the files and folder in C:\Users\~\AppData\Roaming\opalcoin
then paste your opalcoin.conf on it and start your wallet.

I'll do that tomorrow (it's getting late now) and post results - in meantime, many thanks for your further help. Much appreciated  Smiley

Hi guys,
I was getting this runtime error also which would cause the wallet to crash soon after opening
Installing Visual C++ Redistributable for Visual Studio 2012 Update 4 has solved my problem so far
I see you already have this installed on your pc though, so
Maybe you could try uninstalling all C++ software and reinstalling again as discussed here

http://knowledge.autodesk.com/support/autocad/troubleshooting/caas/sfdcarticles/sfdcarticles/How-to-remove-and-reinstall-Microsoft-Visual-C-Runtime-Libraries.html
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