SuperNET updates

[apenzl]

Your newsletters are very extensive and they contain floods of (unstructured) information, with (very) different degree of importance.
Some (or alot?) readers will have difficulties understanding the quintessences & central points of your messages, because of this Information Overload.

I suggest to offer a shorter variant or improve your newsletters texts, by stating more precisely, substantiating, excerpting, linking to additional infos (instead of including in Newsletter, ...) etc. To get better results with your project communication.

Hi dewdeded,

thank you for your advise, it's appreciated.

What you see is 1 week of action in the SuperNET projects and community. The newsletters gather information from various sources, forums and threads, Slack channels, PM's, and cook it down. Believe me we do.   SuperNET is a highly decentralized project. In the name of UNITY, we cover most, because what is important to some, is less important to others.

Right now, we provide updates and transparency not only for investors but also for everyone involved.

BUT you are right. SNN (SuperNET News Network) is in the works, supernet.org is, a marketing group will take care of tweets and PR, and then we can change the form of the newsletters. You will be able to follow your field of interest only and not read through a 7-8 pages wall of text about everything, every week.

/apenzl

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[apenzl]

Welcome to SuperNET.

Links:
http://eepurl.com/-ckwv
http://nxter.org/supernet-newsletter-9/



It’s that time again, and once more there have been lots of developments since our last newsletter. A new promising coin has joined the SuperNET core, a SkyNET dividend has been announced, and we'll walk you through the current holdings of SuperNET as well as this week's development. Hang on.

Topics

New core coin OPAL
SuperNET client v0 update
SkyNET December asset dividend
The buywall is back
SuperNET Holdings
- Coins
- Assets
- More on the value of future dividends
Other announcements
- Vote James
- Nxt-starter SuperNET plugin
- Freemarket Concorde
Coinimal profit-sharing deal
Freebieservers
Pangea
Jaynodes
Instant decentralized crosschain exchanges
Development update
SuperNET related links

New core coin OPAL



OPAL coin is the newest SuperNET CORE coin. On November 27 James made a pre-announcement that a new coin had been selected. On Saturday the news about OPAL hit, and the jl777 effect set in...

OPAL had already experienced a significant rise in price, roughly tripling over the previous 24 hours with their announcement of their Storj partnership. The SuperNET ANN gave the OPAL rocket extra fuel, spiking the price from 0.00003 up to a peak of 0.00007. After predictable profit-taking, the price now seems to be oscillating around 0.00004. James comments that SuperNET owns something in the region of 9.4% of OPAL. The substantial gains this represent should be reflected in the SuperNET NAV: ‘Small stuff in the big picture, but nice nonetheless.’

In case you missed the drama, find out more on the Opal website: http://www.opal-coin.com. Some early press can be found on CoinTelegraph
 and you can download the OPAL Android wallet here: https://play.google.com/store/apps/details?id=org.coinlabs.opalcoin
 
This brings the list of CORE SuperNET coins to six: NXT, BTCD, BBR, VRC, CHA and now OPAL. BITS is also a core partner.

SuperNET v0 client update

The SuperNET client has been updated. Although not critical, 1.3.4.3 provides a few extra features and fixes:

Added compatibility to NRS 1.3.4 (the latest NXT release)
Coinomat
Added CoinoUSD currency
Prevent user input from reset when refresh occurs
Fixed generateToken not working on remote host
Fixed testnet warning when port 80 is used

The easiest way to update to 1.3.4.3 is to download the .zip file from the link above or the Multigateway site and unzip it to its own directory. All of your information should be stored on the blockchain, so you will just need your passphrase to access the wallet. To speed up getting started, you may want to copy the “old” database folder (nxt_db) to the new installation. This avoids having to download the blockchain again.

SkyNET December asset dividend

Codename: SkyNET (asset ID 6854596569382794790).

1.5 million NXT worth of the asset sold out overnight, when James gave the opportunity for medium-to-large investors to get in on the ground floor with the new asset. James wrote, ‘For a limited time only and in lots of 50,000+ NXT, I can offer assets of an upcoming SuperNET deal. PM me on slack if you are interested.’

The sale is over, but the asset will soon be dividended out to SuperNET holders.

James writes:

### What SuperNET would be complete without a SkyNET?

Combine cutting edge AI techniques with blockchain technology.

Now in the realworld, companies in this space are getting some crazy funding: http://www.bloomberg.com/news/2014-11-24/ai-startup-sentient-raises-103-5-million-in-funding.html

Not saying that SkyNET will be in the same league as the above, we will have to wait to see what SkyNET thinks
###

James will give more information about SkyNET and release the asset dividend soon, as enough people have registered their interest (using the now-familiar ‘yes’/‘now’ poll): https://nxtforum.org/nxtventures/reserved-6826/

The buywall is back

The buywall has been reinstated. James confirms: ‘I put up a 1 million NXT buywall at 160 NXT on NXT AE and by Monday on BTer there should be the same 1 million NXT buywall at 160 NXT.

‘It is probably a bit above the strict asset NAV, but with 168 now in slack, the value of so many in the realtime SuperNET community is giving me very good feeling for the future. Half a dozen new channels spontaneously formed this week. So the decentralized power is coming into play as I didn’t even know about them until I looked at the list of channels.

‘Also, the market is not properly valuing the SuperNET holdings of Pangea, Jay, Omnigames and other assets, but I set it below the current market price so as not to affect current market.’

The current market price for UNITY is around 200 NXT.

SuperNET holdings

There has been some (understandable) confusion about the many and varied assets that SuperNET holds, as well as the structure of these assets and SuperNET in general. A quick summary of the coins, first: ‘Off the top of my head, there is approx 10% of: BTCD, VRC, OPAL, BBR, BITS, 5%+ of CHA and NXT,’ writes James.

Then the assets that will generate revenue for holders: ‘SuperNET is the main holding entity, but it holds some assets that in turn own other assets. It is like a directory structure. So the leaf nodes would generate dividends to its holders, this would include the individuals and other assets. Then the assets that got these dividends from the other assets (Privatebet being a prime example of this) would add its own operating profits to the dividends it got and dividend this to its individual holders and other assets…'

‘I believe the longest path is:
neoDICE -> Privatebet (NXT-ZGGJ-5G8H-K24Y-3BD8S) -> NXTprivacy (NXT-KKNV-8EPK-W2S4-96VTK)'

‘The idea is that the specific gaming (or other type) asset, in this case neoDICE, will be the item that directly reflects the performance of the neoDICE. And all the gaming assets are routing dividends or revenue share via Privatebet (it owns 35% of neoDICE and has 20% revshare deals with Pangea and Omnigames). Privatebet will also directly have its own decentralized sportsbook next year. So, Privatebet will have meaningful fractions of half a dozen+ other gaming assets, with a percentage of 20% to 25%, this should add up to more than the average of any specific asset, though the diversification protects from any large change (up or down) and it is meant to reflect the aggregate decentralized gaming sector.
‘The following is NXTprivacy's holdings, anchored by 60% of Privatebet:

Cryptocard: 400'000 of 1'000'000 = 40.00%
Privatebet: 600'000 of 1'000'000 = 60.00%
SuperNET: 537 of 816'061 = 0.07%

‘NXTprivacy will also have direct fees from Teleport, so it has a book value in excess of (40% of 7 + 60% of 40) = 26.8 NXT per asset. Since it is trading at 28/34, if you are able to buy at 28, that is like paying 4 NXT for Teleport revenue stream.

‘The NXTprivacy dividends would flow into SuperNET and from there to its holders, coin communities, etc.
‘I know it is a bit complicated, but due to compartmentalization requirements and also some legal insulation, it was deemed to be the safest path. For example, some people are concerned about some legal issues with owning "gambling" based assets as some primitive countries make that illegal. However, if you own something that owns something that owns something that owns something that does a decentralized dice game and each entity is having a specific purpose other than adding "distance", I think it is helping on the legal side.

‘Over time, I expect Privatebet to gather more and more gaming assets, and of course SuperNET itself to continue to add to its collection of assets.’

On the subject of assets, for future dividends we have:

Jay: 75'000 of 1'000'000 = 7.50%
Omnigames: 75'000 of 1'000'000 = 7.50%
SNN (SuperNET News Network): 75'000 of 1'000'000 = 7.50%

Internal holdings include:
Pangea: 597.7454 of 1'000'000 = 0.06%
SuperHODL: 10'000'000 of 10'000'000 of 100.00% (see below)
SuperNET: 6'503.956 of 816'061 = 0.80%

Core holdings:
InstantDEX: 241'485 of 1'000'000 = 24.15%
NXTcoinsco (tradebots): 241'485 of 1'000'000 = 24.15%
NXTprivacy: 241'485 of 1'000'000 = 24.15%

SuperHODL contains:
Jay: 400'000 of 1'000'000 = 40.00%
MyNXT: 17'200 of 100'000 = 17.20%
Omnigames: 400'000 of 1'000'000 = 40.00%
Pangea: 414'454.1309 of 1'000'000 = 41.45%
SNN: 700'000 of 1'000'000 = 70.00%

‘A portion of SNN is allocated to the writers and MyNXT only has 100,000 total assets, so it is looking much smaller than the others but if you look at the percentage owned it is at a healthy 17%. SuperNET/UNITY is thus a very diversified single asset that is the sum of all its parts. Keep in mind that these are mostly independent projects and different ones will come online at different times, so there won’t be a switch that just starts a flood of dividends. It will start with a small trickle and as the dozens of dividend sources all combine and grow, the SuperNET dividend will eventually become quite substantial.

‘However, I could not estimate accurately when all this would come online, nor what the levels would be, so I priced the ICO at book value. That means that purchasers of SuperNET got all the future revenue potential for free and the price performance during the bear market has proven that asset (and crypto) backed SuperNET is the superior model. Certainly there is development and timing risk, but nice to have a solid floor.’

Funds in SuperHODL are pre-authorised for spending. James is not authorised to touch other funds, except for those in transit. To improve security, most of the cash NXT is in one account, and assets in a separate one.

More on the value of future dividends

Re the dividends mentioned above:

### There are 75000 each of omnigames, Jay and SNN in the pipeline, so just a bit less than 1 asset per 11 UNITY assets. With an average market price of 30 NXT for these, 100 UNITY would get 11 * 30 * 3 = 990 NXT worth of dividends. Timeframe is totally unpredictable, but with the market price of about 180 NXT this is 1/18'th > 5% return just from the dividends.

Keep in mind that 90%+ of UNITY value is backed by the BTC, NXT and other crypto it holds and it uses this to put up buywalls to allow for liquidity. Currently there is 2 million NXT worth of buywalls at 160 NXT, one in NXT AE and one in BTER.

I target a risk profile of 20% on the downside and X% on the upside. If you hold onto the asset dividends and they grow, then the yields are better of course. I didn’t charge anything for the revenue side of SuperNET as it was sold at NAV, e.g. liquidation value and this is why it has held its value throughout the bear market.

James
###

Other announcements

James got nominated for the Proof of Honour award mentioned in the last newsletter.
So now he’s up for vote: http://www.coinssource.com/vote-jl777

A brief note from POPPP about the CoinEvolve rescue project, http://Nxt-starter.com:
‘My SuperNET plugin will be ready this week or the next one.’

And one from Poofknuckle of FreeMarket:
‘Pre-announcements, it's what all the cool kids are doing! We don't want to be left out, so here is our pre-announcement of a new feature for FreeMarket. Codename: "Concorde."

‘What is it? I wish I could tell you. More info as it gets closer to release...’

Coinimal profit-sharing deal

A new initiative called Coinimal, a Euro-crypto gateway, reports this profit-sharing deal with SuperNET:

######

Coinimal GmbH with SuperNET

www.coinimal.com

In return for being featured as the EUR-gateway in the SuperNET, Coinimal GmbH agrees to the following Profit Share Deal:

* All orders submitted through the SuperNET Plugin are eligible for this deal.

* The Profit from eligible will be distributed in the following way:

51% SuperNET

49% Coinimal GmbH

* The Profit Share can be distributed freely but SuperNET is not allowed to issue an asset that includes the name “Coinimal” in the asset title.

* The Profit Share will be paid monthly.

* The Payment will be made in Bitcoin.

#####

You can read more about Coinimal in this ANN.

Freebieservers

Freebieservers is an interesting initiative to integrate NXT with a free gaming server platform. This is particularly promising as the business caters to crypto’s core demographic and growth area: Technically literate teenagers and young adults (typically male). You can read more here. Some updates from Freebieservers:

We will be selling  350,000 shares at 2 Nxt each to raise 700,000 Nxt. Out of this 7500 USD worth nxt will be flown into completion of development efforts that have been going on.

The rest of the budget will be used for servers, marketing and maintenance. Post the revamps (which will finish by Jan 15th) , our sole focus would be on user acquisition and scale.

While we've actively looked into various crypto's as a means of advertisement/partnership, if nothing fruitful occurs by the stipulated date for launch of v2.0 we'll be going with other advertisers (glispa.com integration for eg) and attaining scale.

Jan 15 - April 15 will be solely used for scale of the project and occasional integration of SuperNET into our operation.

The goal is to sign up 1 million users, all of whom will be introduced to NXT as a core element of the platform. The current userbase is around 75,000, and there are substantial opportunities to access new markets where there is established interest already.

Pangea

Decentralised poker app Pangea has had a GUI upgrade - take a look here: https://www.youtube.com/watch?v=c1fl39lUiAs

5000bitcoins writes: ‘We've been discussing a few more sensitive things privately the last couple of days. I'm going to set up a Pangea section on NXTforums with two things I need input on for now: A couple of set avatars to pick from; and discussion of how to get a steady flow of players. I’ve got a few ideas. Most importantly I am on the marketing side of things, so my real goal is a solid strategy to get fiat players to Pangea! I'm going to fill this section with subjects of discussions so we can get many different ideas/brainstorming going and end up with the best of them.’

Ask in Slack or on the NXT forum for more details if you’d like to chip in.

Jaynodes

Last week a future asset dividend called ‘Jay’ was announced. Here’s a little more information.

jonesnxt is working on a light wallet and a framework to go with it. This is a significant step, since the majority of users won’t want to download a client to use the SuperNET. James comments, ‘This will totally revolutionize crypto adoption! All SuperNET coins/services crypto secured, but accessible via normal web browser.’

###

Jay is a framework made in javascript that runs on a number of different websites and makes sure that the version it is running is secure. It then has a large API of NXT and SuperNET functions for plugins to use. The Jay node calls any number of random SuperNET servers, and can then get a valid response from any coin connected to the superNET.

Plugins are compressed and saved into chains of AMs through NXT, until they are loaded into the client and run. The entire client itself is built up of different plugins, so different websites can set up configurations of plugins to best use the main plugin that the website would promote.

So, a website like MGW would have a jay node at multigateway.com/jay, for instance. Then they would configure the default setup to have the MGW plugin along with a few of their favorite plugins to point users to in order to easily use the features on the internet with security and without additional downloads.

Distributed consensus

All nodes on the nodelist (NXT) are public nodes with cors enabled and hallmarked (around 20 good ones). Each API request is sent to three randomly-selected servers in parallel. If the three servers are in complete agreement on the data, then it is deemed usable.

If there is any discrepancy, another round is called, and two more randomly selected servers go into the mix. With now 5 servers polled, if the second round are in agreement and side with any of the first round’s data, that data is selected.

Otherwise it starts breaking down the data and finds consensus if it can. I might add a blacklist if there are servers that are continuously outvoted by the other nodes

So basically, at any given request, the best case scenario being n where n is equal to the node with the slowest response, the less likely edge case gives us 2n and the very rare ‘under attack’ case gives us 3n.

###

Instant decentralized crosschain exchanges

Long time no mention of ATOMIC in the SuperNET Newsletters. A powerful new development is in the works, let’s have a reminder from ATOMIC developer Cryptaxe:

‘Basically it is a decentralized exchange run by everyone who wants to participate (as a miner) in the ATOMIC network. Imagine bittrex or cryptsy without the need of a website - pure and straight cross-blockchain trading of coins/assets, that is ATOMIC. A ledger that ANY crypto-currency can use in order to record transactions and exchanges. 

‘For example, a user requests to exchange Doge for BTC. A request to InstantDEX is made, and then InstantDEX makes use of the Atomic ledger to record the transaction in a decentralized way. It’s a trustless way for exchanges to be recorded and a way to make payments from one blockchain to another. ATOMIC, InstantDEX and MGW (Multigateway) are all layers of the same idea.’

‘This is like three branches of a self-regulating transparent government. By recording transactions to the public ledger the exchanges are basically trustless, which is what blockchains are for, decentralized trust.’

You can read more here:

http://atomicdac.org
https://bitcointalk.org/index.php?topic=780833.msg9329201#msg9329201
https://bitcointalk.org/index.php?topic=780833.msg9526570#msg9526570
http://www.coinssource.com/atomic-bridging-cryptocurrencies-and-real-world-transacting/
Development Update

James writes: ‘I am still in MGW. I almost finished porting the MGW into SuperNET. Now anybody can process deposits, so theoretically, there could be 100 people who all deal with 1% of the deposits. Also I figured out how not to need any AM messages to correlate the tx, at least I think I did, still need to debug the withdraw side to make sure. Once you are set up, it takes just a few minutes to get current status.

‘MGW is being used by SuperNET before, now all the nodes will have MGW code built into them.

curl -k --data-binary '{"jsonrpc": "1.0", "id":"curltest", "method": "SuperNET", "params": ["{\"requestType\":\"MGWdeposits\",\"specialNXT\":\"7117166754336896747\",\"coin\":\"BTCD\",\"asset\":\"11060861818140490423\",\"NXT0\":\"423766016895692955\",\"NXT1\":\"12240549928875772593\",\"NXT2\":\"8279528579993996036\",\"ip0\":\"209.126.70.170\",\"ip1\":\"209.126.70.156\",\"ip2\":\"209.126.70.159\"}"]  }' -H 'content-type: text/plain;' https://127.0.0.1:7777/

‘The above curl command run locally processes MGWdeposits and it is runtime configurable for what coin/asset and the servers are specified. If there was Phasing, then as long as the required number of people run the above command, the deposit transfer would be approved. Of course it would run in the background, so as long as enough people are running it.’

This raises the security of MGW by raising the 2-of-3 consensus requirement, subject to phasing limitations on the deposit side. ‘A similar thing could be done on the withdraw side, but the problem becomes the requirement of having multiple triplets and load balancing (i.e. unspent deposits matching withdraw amounts).

‘It would be possible for any N people to set up their own MGW address that can be used to issue deposit addresses and process withdraws. Basically I just wanted to merge the code bases and intend that the production MGW guys can run MGW via some API commands, but the tech will be there for anybody to use. It’s still  in experimental libjl777, not approved for anybody not familiar with MGW (yet).’

SuperNET related links

SuperNET news

Newsletter signup
http://supernetwrk.weebly.com/newsletter.html

https://twitter.com/Jl777News
http://jl777news.tumblr.com/
https://www.facebook.com/jl777official

SuperNET Newsletters archive
http://nxter.org/category/supernet-newsletters/

Community

Supernet Forum
https://forum.thesupernet.org

PM for an invitation to SuperNET Slack

SuperNET CORE coins

NXT
http://nxt.org

BTCD
http://bitcoindark.pw

BBR
http://boolberry.com

VRC
http://www.vericoin.info

CHA
http://chancecoin.com

OPAL
http://www.opal-coin.com

SuperNET related projects

BITS (SuperNET CORE component!)
https://bitcointalk.org/index.php?topic=748045

Coinomat
https://coinomat.com

Neodice
https://nxtforum.org/nxtventures/(pre-ann)-neodice/

Freemarket
https://nxtforum.org/nxtventures/freemarket-official-thread/

ATOMIC
https://bitcointalk.org/index.php?topic=780833.0

Pangea
https://nxtforum.org/nxtventures/pangea-poker/

Jay
https://nxtforum.org/nxtventures/jay-decentralized-plugin-network-asset-8688289798928624137/

Omnigames
https://nxtforum.org/nxtventures/omnigames-asset/

SNN
https://forum.thesupernet.org/index.php?topic=118.0

Coinimal
http://coinimal.com

ShortUNITY
https://nxtforum.org/assets-board/shortunity/

Prediction Markets

https://www.fairlay.com/predict/registered/new/supernet-in-top-10-of-coinmarketcap/
https://www.fairlay.com/predict/registered/new/supernet-in-top-5-of-coinmarketcap-before-2016/

Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org

[CryptoGuu]

great update, thanks

[Este Nuno]

Lots of great info there once again, thanks for the update.

[apenzl]

 

SkyNET dividend

[Dividend Announcement] Saturday at 1400 GMT to SuperNET and NXTventure assetholders, followed by a passthrough of the InstantDEX portion of the NXTventure dividends.

https://nxtforum.org/nxtventures/reserved-6826
FinHive has made an agreement with SkyNET to become a wholly owned subsidiary of SkyNET
http://finhive.com/roadmap.html

75000 SkyNET will go to SuperNET assetholders and 75000 to NXTventure assetholders. Since InstantDEX owns around 40% of NXTventure, it will end up with about 30,000 of the 75000 sent to NXTventure holders. Since InstantDEX is in no need of any additional capital, it has been decided to dividend out these SkyNET to InstantDEX holders.

Exact timing is uncertain.
bter says they will be ready for this one.
I have no idea what cutoff times will be used, so while the dividend will go out around 1400 GMT on Saturday, you might need to have ownership of it significantly prior to this time. Basically, until the dividends are received, it is not received. As soon as they are received, then they have been sent.

James

Multigateway

I just pushed a version that has the DB MGW integrated into SuperNET API. Almost everything works, but you need to generate a DB first. Once you do, things are pretty fast, eg. 5 minutes first scan and then <1 minute and that is to find all pending deposits and withdraws.

Got stuck on getting multisig deposit addresses generated, in realtime!

Finally got that working and now any SuperNET node will be able to remotely access the designated MGW servers and generate a multisig deposit address, about 30 seconds to 1 minute the first time, after that, less than 1 second

I also made it so that just by changing the JSON, you can specify a different set of MGW servers, eg. coins, node addresses. So, any enterprising trio can setup MGW. You will need to fiddle with the SuperNET.conf and create the "magic" JSON like:

curl -k --data-binary '{"jsonrpc": "1.0", "id":"curltest", "method": "SuperNET", "params": ["{\"requestType\":\"genmultisig\",\"destip\":\"209.126.70.159\",\"refcontact\":\"NXT-QJUP-SB6U-CQCT-852GL\",\"coin\":\"BTCD\",\"asset\":\"11060861818140490423\",\"contacts\":[\"10694781281555936856\",\"8894667849638377372\",\"13434315136155299987\"],\"M\":\"2\",\"N\":\"3\"}"]  }' -H 'content-type: text/plain;' https://127.0.0.1:7777/

The above curl command directly contacts one of the MGW servers and generates a BTCD MGW deposit address for NXT-QJUP-SB6U-CQCT-852GL
Just by changing that part of the JSON, you can get the deposit address for another acct, but only if the servers are running.

Once generated, your node saves it to the blockchain and it is there for future use, but you can always generate it again.

The following command will scan (everything) and display what needs to be done:
curl -k --data-binary '{"jsonrpc": "1.0", "id":"curltest", "method": "SuperNET", "params": ["{\"requestType\":\"MGWdeposits\",\"specialNXT\":\"7117166754336896747\",\"rescan\":\"1\",\"coin\":\"BTCD\",\"asset\":\"11060861818140490423\",\"NXT0\":\"423766016895692955\",\"NXT1\":\"12240549928875772593\",\"NXT2\":\"8279528579993996036\",\"exclude0\":\"7581814105672729429\",\"exclude1\":\"13434315136155299987\"}"]  }' -H 'content-type: text/plain;' https://127.0.0.1:7777/


so, it will find pending deposits, pending withdraws and if you set "actionflag" to 1, it will do the deposit asset transfers it found, if action flag is -1, it will process the withdraws it found, though this part is not quite finished yet. I get all the way to generating the signed rawtxbytes, but since it is bigger than fits into UDP the servers cant easily compare. I am on the fence as to whether to just use the old MGW code for this or to come up with some new way to do it that also allows anybody to easily manage multisig payments using the SuperNET API. I am leaning toward the latter, though it will take a few days extra. I just hate having to put in old code into a new framework and if multisig was easy to use, I think a lot of creative solutions will be built with it.

Notice my genmultisig it totally generic and it abstracts out all the details of multisig, so even non-bitcoin multisig will fit right in and just by changing the "coin" field the same JSON will make mulsig address. The 3 signer limit for bitcoin network is also not inherent in the SuperNET multisig.

James

[apenzl]

SuperNET Newsletter #10

Welcome to SuperNET!

Links:
http://nxter.org/supernet-newsletter-10/
http://us9.campaign-archive1.com/?u=eae7d500e24dcdb21b359fccf&id=2e88cee12c



As the end of the year approaches and the launch of v1 gets closer, developments are gathering pace - and so is interest in SuperNET. Once again, we have lots to report.

First up, a brief announcement that people have been asking about:

BTer has finally sent the last two dividends, SkyNET and Pangea, and they have re-enabled UNITY withdrawals. We recommend that anyone keeping UNITY on BTer withdraws to a NXT wallet - ideally the v0 SuperNET wallet available from http://multigateway.org. This not only gives you full control over your assets, but enables more reliable distribution of dividends.

You may also be aware of rumours of a pump and dump ring that has been operating on BTer, with some unpleasant accusations about threats made against other parties. Whilst it is not clear who is involved, it is always safer to keep your funds off-exchange. Now let’s talk SuperNET.

Topics

New CORE coin: VPN
SkyNET
- The early bird SkyNET SALE
Remember tradebots?
InstantDEX
- BTCD: Reference currency
- JLH: Reference asset
- Market making JLH
MMatrix
OPAL
- Wallet update
- OpalTKN
- OPAL/jl777 teleport project
VRC update
BTCD revenues
Coinimal
Development update
- Infrastructure update
- Sportsbet
- Bug hunters required
- SuperNET compiled on Windows
SuperNET related links

NEW CORE COIN: VPN



A new core SuperNET coin has been added: VPN. James writes: ‘The new coin is not like any other I have seen. In fact it only runs on Windows, of all things, but this adds Windows expertise to SuperNET. More importantly it is a coin that is the doorway to China as it is done by a Chinese dev team. Now, have you heard about the Great Firewall of China? People there aren’t supposed to be able to use Google but there is a technical trick to allow for this. Yes, it is called a VPN. The new coin is vpncoin, also bitnet. This is a doorway to the China market for SuperNET. Do not underestimate this.’ See further here: http://youtu.be/1u6a0xyCjrA

Here is VPNcoin’s ANN from bitcointalk. James’ commentary below:

###
I am not sure the marketing distinction, but we will be porting the vpncoin GUI to ride on top of the SuperNET API for comms. which they currently just use the bitcoin messaging
now with some help, it should be possible to get this VPN functionality for unix/mac

Oh, did I mention that as part of this deal, SuperNET will be handling a 50 million VPN rewards fund? This will be for the supernet slackers who are helping the bitnet and probably a dividend to SuperNET/NXTventure holders.

Did I mention that 600M VPN (that is 60% of current supply) will be burned this weekend? And SuperNET also receives for its acct 47M VPN.

60% of total supply burn + 10% being assigned to superNET = 70% out of market

The bitnet team is small and we need to help them fully integrate into SuperNET. To complete the deal the bitnet team will be getting 1000 SuperNET assets, so the SuperNET it is receiving a big discount and the expectation is that we will help them.

they have TOR / voice / chat / video / irc / VPN / HTTP Server

currrently 1 billion, 600M burnt, 97M to SuperNET with 47M long term HODL and 50M for SuperNET slackers that are helping integrate VPN, dividends, promotions, dev team has about 50M, and 60M is a long term reward for nodes. There is only ~200M public float now, but the 50M for the improving and 60M for node rewards will take time to hit the market. So to preserve marketcap it is 2.5x being price neutral, but probably a bit more due to the extra 50M that would reduce the basis. Like I said, this one is not easy to do, need to evaluate based on market cap and of course the CMC number is all wrong...
###

SkyNET

SkyNET (asset id: 6854596569382794790) has made a deal with FinHive (blockchain agreement txids 17121561730737863232 and 8809916241760899104):

1. FinHive has made an agreement with SkyNET to become a wholly owned subsidiary of SkyNET
2. In exchange for 45% of SkyNET and 4.5 million NXT, FinHive will work on the referenced plans
3. All future revenues from FinHive operations will flow through SkyNET
4. Revenues in excess of operating costs will be distributed as dividends to SkyNET assetholders
5. Referenced plans: http://finhive.com/roadmap.html

‘FinHive intend to develop efficient trade-strategies and algorithmic-trading, by utilising the full depth of all generated analytics and AI results. It makes sense for FinHive not only to share but also to use new detected (unknown) market patterns, formations and other unique entry/exit signals for algorithmic-trading... It isn't discussed how this will be organised later but the first step now is to generate the analytics at full depth and form a solid subscriber base. Information advantages will be monetized right after.’

This is a highly ambitious and exciting project, and it is no surprise that the asset has already gained a lot of interest. The concept is to reach out into the world of real-world trading as well as crypto, bringing revenues back into the crypto economy. Developer nexern writes: ‘As far as I know, no one has built something like this on this large scale before. There is a pretty big market for financial analytics/algorithmic trading and the goal is to enter this external market, generating a constant revenue stream for SkyNET and its shareholders. Merging crypto and traditional finance resources is promising.’

‘The tech and data is available and tested. Dev resources are already allocated and I don't expect any real problems developing this beast. Sure, the workload is huge, because nearly all components are custom-built at low level but that's all been taken into account. It is quite clear to us, we are building something big and unique here.

‘On the roadmap, sorry for the laborious English but as a non-native speaker it is difficult sometimes to express as precisely as desired. In case you have any questions or suggestions for improvements, I am here to do my best to answer them.’

Project preparation is under way and regular updates will be provided. ‘A dev blog is set up to provide general status information and updated progress details on each dev section. The first one, as seen in the roadmap, is the data-cluster and data aggregation. To make the development transparent, shareholders can not only monitor the progress but also view and test completed components. A webdesigner will take care about a shiny layout later.’

This happens to be an area of interest and expertise for James, who writes: ‘I spent 4+ years optimizing SVM [Support Vector Machines - pattern-recognition algorithms], and making useful features from forex price time series. nexern is proven dev, also proven ethics. Combining his NN [neural net] stuff, which would have been decent, with my SVM, well... I expect to have some quite profitable signals being created and transmitted to the Tradebots. Also, the space for SkyNET is not limited to crypto markets. I put in 3 million NXT of SuperNET funds, I also bought in the open market.’ (see below)

The early bird SkyNET SALE

An early bird SkyNET sale was announced on the forums (NXT price speculation thread, BTT SuperNET thread and SuperNET forum) as well as Slack. SkyNET assets were available to medium-to-large investors (typically 50,000 NXT and upwards). The minimum investment was specified to avoid the administration of many - perhaps hundreds - of transactions being required. In response to questions from those who missed out (the offer was oversubscribed very quickly), James writes:

‘I did post all the details. This was a fringe benefit for the most active SuperNET fanboys as I really appreciate all the hard work they are doing in constructing the SuperNET. SuperNET made 3 million NXT investment at 15 NXT each. As a reward to SuperNET contributors I allowed them to piggyback at same price. (yes, I know I am basically giving away free money, probably a few millions NXT worth, but gotta reward the fanboys dont I?)’

Therefore a total of:

300,000 SkyNET have been sold at 15 NXT
75,000 SkyNET were dividended out to SuperNET assetholders
75,000 SkyNET were dividended out to NXTventure assetholders.
Of these last 75,000, InstantDEX received about 30,000 (since it owns about 40% of NXTventure). These were passed through to InstantDEX assetholders, since InstantDEX has no specific need of them.

Remember Tradebots?

SkyNET/FinHive’s tech will be used for tradebots (NXTcoinsco). The tradebots asset manages tradebot ‘leasing’. The idea is that individuals create tradebots and allow others to invest in them on a profit-sharing basis - if the tradebots are successful, investors will receive a slice of their income. This operates like PAMM (Percentage Allocation Management Module), where investors allocate money to specific traders and share in their successes.

Tradebot creators can choose to pay for SkyNET data, and SkyNET itself is expected to be behind many, many different bots. Investors will look at the historical performance of a bot, meaning that the best strategies rise to the top; unlike normal forex markets, the tradebots will only make a charge to investors if they produce profits.

The incentives are therefore in place for designers to create successful bots, not simply convince investors to back them. Bots and designers with a strong track record will naturally attract greater investment.

InstantDEX, BTCD and JLH

Work on InstantDEX, the system that will enable near-realtime crypto trading, continues.





Generally in cryptocurrency trading, prices are quoted relative to BTC; Bitcoin is still the ‘reference currency’ since so many people use it. It is like the USD of crypto. The idea is to make InstantDEX look and feel like a regular exchange so that traders see something familiar, but under the surface, something very different will be happening.

BTCD: reference currency

Instead of using BTC as a reference currency for InstantDEX, James is using BTCD. There are various reasons for this, ‘some technical, some financial’. Key to trading of any kind, and to InstantDEX’s aims, is liquidity.

‘So all the SuperNET core coins they will have liquidity and low spread conversions between each other (and BTC) and be priced by default against BTCD. Of course, anybody can set things up however they want but the default for the orderbooks will be BTC for "normal" trading and if you are wanting telepods or best conversions between them, it will be BTCD. This I think solves the transition for traders and gets them into the SuperNET trading.’

In other words, all trades will go through BTCD: a DOGE -> LTC trade will really be DOGE -> BTCD -> LTC. One reason for this is that it requires liquidity for far fewer trading pairs; instead of ensuring that DOGE <-> LTC has liquidity directly, so long as DOGE <-> BTCD and BTCD <-> LTC have liquidity, the trade can be carried out with a BTCD stage in between (invisibly).

This has significant implications for BTCD, over and above the 5% revenues from SuperNET - since it will be in constant use. James writes, ‘I prefer not to make any specific price predictions, but it makes sense for BTCD price to track the price of SuperNET, not in lockstep as that is not how markets work, but rising in tandem.’

JLH: reference asset

The same problem with creating all trading pairs with sufficient liquidity also exists for assets, only it is worse as there are typically larger spreads for assets. ‘It is just not practical to support direct orderbooks for a full matrix of all asset pairs. What is needed is a reference for assets that is like the "DOW Jones" index, something that represents the overall asset market and not anything else.’ jlh777hodl (JLH) will be used as the reference asset, in the same way that BTCD is the reference currency for InstantDEX.

‘I expect JLH trading volumes to go up, a lot, and the spread around the NAV to shrink, so this is not a "moon" thing, but a liquidity thing and liquidity is quite important. Once we can maintain small spreads like 0.1 with volumes for JLH orderbooks, that would mean going from asset <-> asset will also have much better spreads than now.’

Spreads are currently anything from 5-20% for some assets, and trading can entail significant losses through this alone. High liquidity with BTCD and JLH will mean any coin and asset pairs can be traded efficiently. It also enables an ‘autoconvert’ feature that enables users to view their portfolio denominated in whatever currency they want to view it (BTC, BTCD, USD, UNITY, JLH…) without the actual conversion incurring major losses.

‘At this point, crypto becomes much more useful as a medium of exchange and store of value and then the Tradebots will be able to find many more ways of squeezing out more satoshis. I am envisioning a realtime display of the account balance and with tradebots active, you would be able to see it change in value as it is happening. Imagine a wallet, you denominate it in EUR, unleash the tradebots and it starts showing more and more EUR in your account. It is this vision in my head and just needing to get it all debugged, all the pieces are pretty much there, but so many pieces the connection points aren’t quite right, but it is just a lot of debugging and all of this comes to life at the core of SuperNET, with all the other stuff on top.’

Market making JLH

In order to give JLH adequate liquidity, libertynow has taken on the role of a market maker. He is regularly calculating the NAV and placing buy and sell walls to reduce the spread to < 5%.

New assets are periodically added to JLH, and since these have not been announced and/or do not have a market price, the fund is generally undervalued.

MMatrix

Ensuring liquidity is key to the smooth operation of InstantDEX and, therefore, SuperNET.
‘I am currently working on market maker support for InstantDEX,’ writes James. ‘There will be a limited number of spots available to be a MM, prioritized by the amount of fees paid, so naturally the best market makers rise to the top of the list. At first, maybe just a small donation payment will be enough to get to the top of the list. Then 32 (or 64?) of the market makers will make a matrix, I call the MMatrix. The InstantDEX users would contact the first market maker in their sorted list for their offers, so the higher on the list the market maker is, the more orders it has the pick of.

‘For the orders the MM doesn’t want to immediately fill, they broadcast to all the other market maker nodes. This gives advantage to the MM at the top of the list as they get to cherry pick the best orders, but ignoring this incentive to pay fees, as far as users are concerned, all the market makers have the same orderbook (other than the one packet delay).’

MMatrix will be very fast. ‘It should have less than 1 second round trip to any point in world, so all the nodes query the selected MM, who can cherry pick the offers they like, that is how they make extra money in addition to normal market making. Anybody can register to be a market maker by posting an AM. The priority to order resolution will be the first MM with acceptable price, searched in order of past business levels, so the MM with the best spreads will naturally rise to the top of the list. This is only for orders between the NXT AE bid/ask - otherwise just go direct to the AE order book.’

OPAL

Wallet update

MANDATORY WALLET UPDATE
UPDATE ASAP SO YOU DON'T FORK:
https://bitcointalk.org/index.php?topic=778720.msg9839574#msg9839574

http://youtu.be/pMdr8JTAnDg


OPALTKN

OPAL coin has issed an asset on the Nxt Asset Exchange. OPALTOKEN will receive 25% of revenues from the OPAL market. The standard fee is 1% of sales. This is still in beta and trades are denominated in OPAL, so the dividends will likely be in terms of mgwOPAL. You can keep up with developments here.

A total of 15 million OPALTOKENS (OPALTKN) will be distributed and dividended out as follows:

10% to SuperNET
10% to NXTventure
5% to jlh777hodl
25% to the OPAL team
50% to faucets

This is in addition to the recent OPALTKN giveaway that took place via Slack and the forums. These tokens came from the faucet allocation.

OPAL/jl777 teleport web project

What: James would like the OPAL team to develop a ‘telepathy web’ on top of his basic html site pushing mechanism. Telepathy is BTCD and the SuperNET’s private communication system. Opalcoin will develop an easy-to-use publishing GUI, as well as help develop integration with privacy servers. This will be considered an OPAL contribution to supernet, and OPAL will be credited.

Why: To address the flaws in TOR and create a more decentralised web mechanism. James has already developed the basics; as the technology progresses, more functionality will be released.

How: Interfacing with SuperNET, the OPAL team will add and build in qt features with C++, while James develops the backend in C.

VRC update

effectstocause writes, ‘Almost done with major components of supernet integrated vrc wallet. Then focus will move more so to DHT storage. We will discuss differences and similarities of Storj with Opal for optimal impact. We actually had a lengthy conversation with Storj at btc Chicago. Cool guys.’

BTCD revenues

People have been asking for some clarification about the role that BTCD will play in SuperNET and the revenues that will be paid to it.

BTCD is at the core of SuperNET. To reflect this, 5% of SuperNET revenues will flow to BTCD stakers. (Periodically a snapshot of stakers will be taken and BTCD purchased using SuperNET revenues to distribute to them, pro-rata.) At this point, this has no direct impact on BTCD value. However, ‘long term it should dominate the value of BTCD as there are only 1.2 million of them.’

This also provides a safety net for BTCD. Unlike other coins, which can theoretically plunge in value, ‘it will always have a nice floor due to the 5% of SuperNET revenues, which is actually 10% of what SuperNET assetholders get, since SuperNET holders get 50%, NXT core devs 5%, BTCD stakers 5%, SuperNET core coin communities 20%, overhead and expenses 10%, TBD 10%’.

Teleport and Telepathy papers (core BTCD technology) can be found at http://209.126.70.170/DarkPaper.pdf  and http://209.126.70.170/Telepathy.pdf.

Coinimal

Coinimal is to launch very soon. This SuperNET-integrated service will allow fast Euro-crypto purchases. Twinwinnerd writes,

### I am looking for Beta-Testers of Coinimal!
If you are from a country below and have access to a bank account, I need you to
Buy: BTC, NXT, LTC
Sell: BTC

Buy side:
SOFORT: Belgium, Germany, Italy, France, Austria, Netherlands, Slovakia, Spain.
EPS: Austria
Skrill OBT: Austria, Germany, Spain, Italy, France

Sell Side:
All Europeans with a Euro Sepa Bank Account.

Reward: 100 NXT per Tester!
PM me for Beta Key!
###

‘Localbitcoins is maybe now the fastest but in 9 days Coinimal will be. And we offer more coins than BTC...’ You can sign up here, to receive a Lanch Announcement: https://www.coinimal.com  Find out more here.

Bitcoin Shanghai Expo

SuperNET was introduced at the Chinese conference (28/29 November). Salsacz writes: ‘During my speech on day 2 I presented SuperNET as a solution for using any anonymous technologies without the need of exchanges and risks of revealing your IP, email or freezing account or getting it stolen. In the brief summary during the speech I introduced James as a dev, his assets and also explained the diagram and the story about the Pirates. I brought all whitepapers, even the chinese versions.’

Read Salsacz’ article about the event here: http://nxter.org/nxt-supporting-the-student-revolution-in-hong-kong/

Development Update

Infrastructure

SuperNET’s infrastructure is a network of servers running around the world - many on users’ home computers and cheap VPSs, but also a series of high-quality nodes that will provide the backbone of the service. James: ‘It is boring compared to SkyNET, but still quite important. As we get closer to initial release with core functions, we need to have the infrastructure, especially MMatrix.

‘So SuperNET contracted for 10 mega servers to start and will probably get a lot more. For people concerned about the "Instant" of InstantDEX and core capacity of DHT this solves that, as the best software running on snotkitten class hardware will just not provide the performance people will expect.

‘Boring compared to new asset, but quite a nice foundation for the network to run on. Most people won’t have any such servers, but most won’t be running a MMatrix node, so, need to make sure MMatrix node capability is known, tested and then the monetization it will generate can be calibrated.’

SportsBet

The sports book is nearing completion. However, James needs ‘someone that understands the different events and enough XML syntax to make templates. Then the code can automate the sportsbook creation. This would then plug into InstantDEX for peer-to-peer betting.’

Bug hunters required

There are big bug hunting rewards available for anyone who can identify significant bugs in the SuperNET API. Rewards of UNITY will be paid out to anyone who can find problems, with a sliding scale of amounts. The API is largely untested, so there should be lots of bugs to find!
Rewards will be paid out at the end of each week to bug-finders and will continue for 5 weeks (until early January 2015).

Last week’s payout: Cassius: 33.33 UNITY, Longzai 33.33 UNITY, Cryptosleuth 33.33 UNITY.

If you find a bug please make sure to post it on Slack (in the API channel and to Azeh) and on the SuperNET forum here: https://forum.thesupernet.org/index.php?topic=296.0

At this point, it is question of finding as many people as possible to issue API calls manually and seeing whether it acts as expected. However, l8orre has a more advanced setup - a scripting and testing controller in built in Python3. ‘Right now it has a facility to plug in controller classes. What does work is using this as a relay which sort of is the same as using curl. The scripting class exists, but I need to extend it a little bit. Schedulers are also provided... i.e. timers that check back regularly for pre-registered actions every 4 seconds, do 'settings', then loop over the whitelist and ping every IP in the whitelist, then do GUIpoll and see if there is a pong, but it may need some honing to streamline it a bit… In its simple form, it does the same as curl...’ If you’re interested in helping, contact l8orre.

SuperNET compiled on Windows

BTCDdev writes, ‘Some great news today! I finally managed to successfully compile SuperNET on Windows! This will have a VERY great and immediate effect on our community! Once jl777 and I knock out a few minor kinks in it, anyone running Linux or Windows will be able to become a SuperNET tester and begin using its awesome services! With a nice GUI doing very well under development by longzai1988, hundreds of people in slack and more joining every day, and now this, we can rest assured that our community has some great days ahead!’

SuperNET related links

SuperNET news

Newsletter signup
http://supernetwrk.weebly.com/newsletter.html

https://twitter.com/Jl777News
http://jl777news.tumblr.com/
https://www.facebook.com/jl777official

SuperNET Newsletters archive
http://nxter.org/category/supernet-newsletters/

SuperNET Slack
http://104.236.15.119:8086/logs is a log of the public channels

Community

Supernet Forum
https://forum.thesupernet.org

PM noashh for an invitation to SuperNET Slack!

SuperNET CORE coins

NXT
http://nxt.org

BTCD
http://bitcoindark.pw

BBR
http://boolberry.com

VRC
http://www.vericoin.info

CHA
http://chancecoin.com

OPAL
http://www.opal-coin.com

VPN
https://bitcointalk.org/index.php?topic=757614.0

SuperNET related projects

BITS (SuperNET CORE component!)
https://bitcointalk.org/index.php?topic=748045

SkyNET (FinHive)
https://nxtforum.org/finhive/
https://nxtforum.org/nxtventures/reserved-6826/

Coinomat
https://coinomat.com

Neodice
https://nxtforum.org/nxtventures/(pre-ann)-neodice/

Freemarket
https://nxtforum.org/nxtventures/freemarket-official-thread/

ATOMIC
https://bitcointalk.org/index.php?topic=780833.0

Pangea
https://nxtforum.org/nxtventures/pangea-poker/

Jay
https://nxtforum.org/nxtventures/jay-decentralized-plugin-network-asset-8688289798928624137/

Omnigames
https://nxtforum.org/nxtventures/omnigames-asset/

SNN
https://forum.thesupernet.org/index.php?topic=118.0

Coinimal
http://coinimal.com

ShortUNITY
https://nxtforum.org/assets-board/shortunity/

Prediction Markets

https://www.fairlay.com/predict/registered/new/supernet-in-top-10-of-coinmarketcap/
https://www.fairlay.com/predict/registered/new/supernet-in-top-5-of-coinmarketcap-before-2016/

Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org

[apenzl]

JLH LOTTERY

Nxt Asset Exchange: jl777 (asset ID 6932037131189568014)

JLH lotto prizes 100,000 NXT, 50,000 NXT and 25000 NXT for three prizes. If tied, each prize is split between the winners

libertynow will be posting more info. NXT-PY3K-SDTG-PHTV-GLYDA is the only account that will be earning lotto tickets, so if you are wanting the JLH lotto tickets, make sure you are buying from the GLYDA acct

James

P.S. there is a small chance existing assetholders will veto this lotto, but I think it is quite unlikely

Here are the details of the JLH lottery.  Please PM me if you have any questions or need to get on Slack.  This is a really fun exciting experiment which will increase liquidity and demand.  Good luck to everyone!!!

JL777HODL New Year's Day Dividend Lottery (Nov. 1, 2014 - Dec 31, 2014)

Every 100 assets purchased from account (includes past purchases): NXT-PY3K-SDTG-PHTV-GLYDA will receive 1 lottery ticket to a massive end of the year dividend prize payout.
Prizes will be paid to the top 3 winners... 100,000NXT for 1st, 50,000NXT for 2nd and 25,000NXT for 3rd.
Winning tickets will be randomly selected via the SHA256 of a random phrase selected early on.  James will post a provably fair method that can be verified, along with the source code telepathy calculation, to calculate the closest buyer's txid.  The closest will recieve 1st place and so on.  Ties will share the prize for the place won.
Prizes will be awarded during the first week of 2015.
There will be a total of 5000 tickets available.
If successful, there will be an ongoing monthly dividend lottery.

Please do not try to game the system. The algo will take into account net purchases, so if you buy and sell and buy and sell (or transfer), it wont help as only the purchases from GLYDA is obtaining a ticket, but any sale or transfer after that is burning a ticket

If I find some other unexpected method of trying to take advantage, I will make the adjusted calculations to make it right as I see it to make sense. So, if you just buy and HODL, it is the safe and easy way. Try to cheat, then likely you will lose tickets and possibly the winning ticket

also the technical details libertynow posted isnt quite right. I will combine all GLYDA purchase txids for each account and that becomes the first ticket. Then for each additional ticket you have purchase I will generate that by taking SHA256 of the previous hash. The txid is just the low64 bits of the hash, but the hash chain will be applied to all 256 bits.

James

The SHA256 of the SHA256 of the 100K prize is d7060caf1a82ebc0db7b78b8d4c8c6b253bb9dcbc2da235c378bd6731e6f761e

The lower 64 bits of what hashes to this will be the reference txid

for 50K prize: 2f8787ad9e58331fda47c487874f21360c5de0ade0fe043ae7353bb9a99b1b69
for 25K prize: 4f3af14c7df81beba936ae1374af8512cf85670e73631908399397a9ad8054d8

After the drawing I will reveal the lottophrases that generate these and everybody can verify that this is something that has been chosen as of now.

Since the lotto tickets will be calculated using a deterministic method, it allows anybody to verify that winners won it fairly

James

[mr_random]

Blocknet alpha release available on github now has inter blockchain communication working: http://cryptorss.com/news/dan-metcalf-releases-xbridge-alpha-version

Can all of the supernet holders who trolled the Blocknet project as a scam which wouldn't deliver apologise?

[unent]

Blocknet alpha release available on github now has inter blockchain communication working: http://cryptorss.com/news/dan-metcalf-releases-xbridge-alpha-version

Can all of the supernet holders who trolled the Blocknet project as a scam which wouldn't deliver apologise?

Is there a date for the main net launch of the release version?

[apenzl]

Blocknet alpha release available on github now has inter blockchain communication working: http://cryptorss.com/news/dan-metcalf-releases-xbridge-alpha-version

Can all of the supernet holders who trolled the Blocknet project as a scam which wouldn't deliver apologise?

I don't know. I don't know them.

But welcome to the SuperNET update thread. 

10:29:51 <jefdiesel> damn blocknet
10:30:47 <jl777> they pinged between two nodes, and make a press release that they are the first?
10:31:05 <jl777> that level of function was back in July, i just didnt think to make a press release for it
10:32:26 <noashh> actually they say "blocknet first" so one could think they mean it is the first time blocknet itself did it
10:32:35 <noashh> and not blocknet as first project at all
10:32:55 <jl777> we have realtime MGW cluster on a private supernet (even with a soft-firewall) processing deposits and withdraws (still manually) and connecting via a bridge node to the main SuperNET network using a PHP web URL to bootstrap new accounts automatically.
10:33:13 <noashh> (at least in the few articles i read)
10:33:28 <jl777> the blocknet language was purposefully ambigous so they can claim to have meant that, but the impression is they are leading the tech in this space
10:33:54 <jl777> when all I see is that they repurposed some demo DHT code (but they missed a few comments to remove)
10:34:17 <jl777> i dont mind competition at all, but when they are making misleading things, it makes me a bit upset…

I hear BlockNET are finally on Slack too?
You can join the public SuperNET Slack channels here: http://chat.supernet.org. Or PM me to get an invite.

<jl777> post from Sep just so blocknet wont make a press release claiming they did this first: https://bitcointalk.org/index.php?topic=762346.msg8893387;topicseen#msg8893387

[Hollowman338]

Blocknet alpha release available on github now has inter blockchain communication working: http://cryptorss.com/news/dan-metcalf-releases-xbridge-alpha-version

Can all of the supernet holders who trolled the Blocknet project as a scam which wouldn't deliver apologise?

I don't know. I don't know them.

But welcome to the SuperNET update thread. 

10:29:51 <jefdiesel> damn blocknet
10:30:47 <jl777> they pinged between two nodes, and make a press release that they are the first?
10:31:05 <jl777> that level of function was back in July, i just didnt think to make a press release for it
10:32:26 <noashh> actually they say "blocknet first" so one could think they mean it is the first time blocknet itself did it
10:32:35 <noashh> and not blocknet as first project at all
10:32:55 <jl777> we have realtime MGW cluster on a private supernet (even with a soft-firewall) processing deposits and withdraws (still manually) and connecting via a bridge node to the main SuperNET network using a PHP web URL to bootstrap new accounts automatically.
10:33:13 <noashh> (at least in the few articles i read)
10:33:28 <jl777> the blocknet language was purposefully ambigous so they can claim to have meant that, but the impression is they are leading the tech in this space
10:33:54 <jl777> when all I see is that they repurposed some demo DHT code (but they missed a few comments to remove)
10:34:17 <jl777> i dont mind competition at all, but when they are making misleading things, it makes me a bit upset…

I hear BlockNET are finally on Slack too?
You can join the public SuperNET Slack channels here: http://chat.supernet.org. Or PM me to get an invite.

<jl777> post from Sep just so blocknet wont make a press release claiming they did this first: https://bitcointalk.org/index.php?topic=762346.msg8893387;topicseen#msg8893387

rofl, pwnt.

Your retort, mr_random? 


Didn't think so.

[apenzl]

SuperNET Newsletter #11
            
Welcome to the SuperNET!

This newsletter is shorter than usual, with the holidays getting in the way. Still, of course, there are some exciting developments…

Topics

v1 client
JLH - The Lottery
- more on JLH
The jl777 Bonus
Opal client
- OPALTKN dividend sent
VPN SuperNET client
- MGWcoin asset dividend?
FinHive
Pangea
Freemarket bounty
SuperNET Bug Rewards
Development Update
- 95% done
- The MGW bridge
- And so it begins...
Community and marketing
Happy New Year
SuperNET related links

v1 client

The SuperNET v1 client is nearing BETA release. ETA is January 2015.

v1 is a huge undertaking, with some 50+ API calls (and growing) to be integrated. Since it is unrealistic to release them all at the same time, there will be varying levels of ‘ready’ - coded, tested, GUI-integrated, fully documented, and so on.

James hopes to be mostly done with coding core functions by the end of the year, but this all depends on coverage of regression tests, unit tests and results of testing. Get involved in testing if you can! Contact Azeh for more details.

Eth explains, ‘The dev team has been working really hard through this holiday time in order to release the beta version 1 of the client before the year ends.

It will be improved on a weekly base – Meaning every week we will release a new version with noticeable improvements based on intensive testing and the feedback from SuperNET community.

We aim to cater a wide audience, therefore the basic GUI module is very intuitive and simple. Anyone that is not used to deal with crypto will be able to use it with a minimal learning curve. For those veteran crypto users, we have an advanced version based on the NXT NRS dashboard that will ensure access to deeper control and analytics."

JLH - THE LOTTERY

A lottery has been announced. For each 100 jl777hodl bought from the NXT-PY3K-SDTG-PHTV-GLYDA account sell wall on NXTAE, 1 lottery ticket is issued.

JLH has asset ID 6932037131189568014. Only assets bought from the GLYDA account are eligible.

Prizes will be paid to 3 holders: 100,000 NXT for 1st prize, 50,000 NXT for 2nd and 25,000 NXT for 3rd. Anybody has the same chance per 100 JLH, whether they buy 100 or 10,000 assets. The lottery will include historic purchases (from GLYDA), with the eligibility period stretching from November 1 to December 31.  

James writes, ‘With the fiat value of 100 JLH being around $6, it is a pretty good payout ratio for the 100,000 NXT prize and everyone is basically getting three tickets per 100 JLH! This is because you can win all three prizes with just one batch of 100 JLH.’

Winning tickets will be randomly selected via the SHA256 of a random phrase selected early in the process. Based on James' Telepathy protocol calculation, the closest buyer's txid will receive 1st prize, and so on. Ties will share the prize for the place won. Prizes will be award during the first week of 2015. Measures have been taken to avoid gaming the system, and if you sell from your GLYDA batch, you will lose your tickets.

There are currently JLH shares for sale at a lower price than the GLYDA sell wall, so be sure to buy from NXT-PY3K-SDTG-PHTV-GLYDA if you want a ticket to the lottery.

More on JLH...

As announced in the previous newsletter, JLH will be the reference asset for InstantDEX asset trades.

A new JLH newsletter will focus on the JLH asset. You can read an introduction to the asset, the team and the JLH market making here: http://nxter.org/jlh-jl777hodl-description-and-introduction/

Also, libertynow writes: ‘There will be monthly bonuses starting in January. After the massive dividend lottery the monthly bonuses will be for all shareholders and will come from NXT dividends of underlying assets.’

The jl777 Bonus

As part of the ICO process, two bonuses were agreed for James via a vote. These were designed to reflect the time, expertise and assets that he put into SuperNET. If the market cap of SuperNET tripled before the end of 2014, James would receive a 5% bonus 40,803 UNITY). If it went ten-fold by the end of 2015, he would receive a further 5%.

Despite an impressive run-up, the wider crypto bear market means it is unlikely that the UNITY price will reach the required threshold for the bonus to be paid (0.0234; for current UNITY price see http://coinmarketcap.com/assets/#BTC).

However, if the threshold is reached, James has said he will share the UNITY amongst those who are most active in making SuperNET what it is and will be:

### My calculation shows 0.0234 as the threshold and really, not much chance of this happening at this point so no sense in getting all worked up about it.

However on the off chance that it happens, I would like to share the bonus with everyone that has helped SuperNET to get to where it is. There are 300+ people in the SuperNET slack now, a large number of them working really hard and while I was critical to get the SuperNET started, already I am becoming a small part of the big picture.

In the unlikely event the 0.234 threshold is hit, I am giving it out as holiday bonus to the SuperNET contributors.

The allocation will use a decentralized process. First round of voting to determine each person's "weight" and then a second round where each person allocates the portion of the bonus (calculated by their weight) to 3 to 5 people. The process itself will be finalized via community consensus, or lacking that even another vote to determine what method to use to do the allocation. I do not want to do any arbitrary bonusing as with 300 people in the slack now I dont know the exact level of contribution from most of them as I am spending most of my time coding and answering questions. I am not a micromanager.

So investors should be happy that the key contributors as determined by the community will be getting the largest bonuses

I believe this makes for a happy community, which in turn will create a better SuperNET.
###

If a tripling of the SuperNET market cap is NOT achieved by the end of 2015, the 5% bonus will NOT be paid out but become a part of the SuperNET working capital.

You can read about the rules, the bonuses and the asset holders’ vote in the ICO summary in SuperNET Newsletter #1: http://nxter.org/supernet-newsletter-1/

Opal client screenshot

http://www.opal-coin.com/news/2014/12/supernet/



OPALTKN dividend sent

3 million OPALTKN have been dividended out - half to NXTventure holders, half to SuperNET holders.
This is in addition to the previous OPALTKN giveaway, as mentioned in the SuperNET Newsletter #10.

SuperNET added to VPN coin wallet

SuperNET has been integrated into VPN’s wallet: read further at https://bitcointalk.org/index.php?topic=789961.msg9888667#msg9888667



MGWcoin asset dividend?

James has announced another possible dividend - of mgwVPN - the exact date is to be decided.

The mgwVPN dividend is a completely new type of SuperNET dividend as it will take the form of a MGW asset. ‘That will be a first for an mgw-based dividend and allows distributing a crypto to people who don’t even have the wallet for that crypto.’

FinHive

FinHive has a new logo, created by eth - you can read more here: http://finhive.com/fh_devmon.html

Pangea

Pangea has been listed on coinmarketcap. It is currently number 9 in the asset list: http://coinmarketcap.com/assets/

You can find out more about Pangea on YouTube:
https://www.youtube.com/watch?v=uwc9kQUoSNA and https://www.youtube.com/watch?v=rULrkZFuBBE

Release is still some months away, but testers will be required in due course.

Freemarket app bounty

blackyblack is offering a reward for anyone willing to implement a Freemarket plug-in using MyNXT.info’s system. ‘This task requires a modification of FreeMarket UI or building it from scratch like it was made on the freemarketlite. It also requires a hosting for FM core since mynxt.info does not use 3rd party software on their servers. This task is very similar to freemarketlite.com service. Hosting expenses will be paid by Freemarket funds.’

Contact blackyblack via Slack or PM if you are able to help. The reward is 2,000 Freemarket shares.

SuperNET bug rewards

Finding bugs in the SuperNET API is a critical part of ensuring it is robust and ready for release. There are rewards for successful bughunters. Previously, a set number of UNITY have been shared amongst bugfinders. From next week, this will be changing to a points system. ‘At the end of the week each participant’s points will be divided by the total points for the week and based on this will receive their percentage share of the weekly pot.’ Major bugs win 10 points, medium ones 3 points and small ones, 1 point. The total pot of rewards is as follows:

Week 1 (12/2-12/8): 100 Unity
Week 2 (12/9-12/15):150 Unity
Week 3 (12/16-12/22): 200 Unity
Week 4 (12/23-12/29): 250 Unity
Week 5 (12/30-1/5): 300 Unity

If you want to participate, please contact Azeh.

Week 3 Completed

Payout: CryptoSleuth 89.65 Unity; Lemonhead 68.97 Unity; Youyou 41.38 Unity

Development update

95% done

SuperNET core functionality is nearing completion! James writes, ‘95% of the core is finished. Debugging is the main thing left.

‘Finally got the DB MGW to sync using SuperNET API and get consensus and calculate all tx it needs to do in a few minutes runtime. So now it is a matter of debugging the bridgenode, and some interface stuff like realtime deposit addresses. Then all the coins can become mgw coins and this will allow for all sorts of magic...

‘With 40,000+ lines of new code… design review is in progress, some people are informally looking at the code, GUI is coming along… so like a turtle things proceed forward, and this is with several weeks delay from doing the DB MGW this month.

‘Next is InstantDEX and MMatrix. I will get the autoconvert working via MMatrix. It won’t be full InstantDEX, but it is what is needed first. Then as that goes into the long test cycle, I complete the InstantDEX, then the Teleport, then the Tradebots.’

‘It’s quite tricky to get the MGW, InstantDEX, Tradebots, Teleport and Telepathy all working simultaneously. So the final connections, debugging, debugging and more debugging. But now we have more API testers this will be quite helpful, especially automated tests.'

The MGW bridge

James writes,

‘I have pushed new versions to the dev MGW servers and the bridge for mgwBTCD. I have tested realtime deposit address generation, deposit recognition, deposit triggering an asset transfer (and publishing pubkey), withdraws being detected and also withdraws being processed when all three servers are in total agreement. ‘

‘The bridge is now bidirectional, there is an HTML backup, realtime address generation is ~10 seconds, realtime status is ~10 to 30 seconds.’

And so it begins…

Last comment today, before 'will be resting':

'I deployed a fully automated on-demand DB MGW for BTCD. It will generate a multisig deposit address in realtime and you wont need any NXT to bootstrap an account as the first MGW deposit will be partially converted to NXT as it sets your pubkey.'

'By sending at least 0.1 BTCD to the deposit address, it will fund your account at 100:1 ratio with a 2 NXT fee to cover tx costs. if you change the "convertNXT" field from 10 down to 2, then it will only use 0.04 BTCD. Min deposit is 0.05.'

'When the servers see that there are pending deposits or withdraws and all three are in agreement, it will get processed.  This is 4000 lines of "new" code, it used to be closer to 10,000 lines, but I streamlined it and rewrote most of it this month. The big improvements are speed and ability to get status. It is also a specific use-case for a SuperNET application.'

Community and marketing

Although James has been pivotal in the creation of SuperNET, it is his aspiration to be able to step back from this ‘central’ role once the main tech has been completed.

‘Now, what people tend to do is put the entire SuperNET into the "jl777" category. While it is true I started it, I have always said I am just the guy who gets the ball rolling and the community is what will create the SuperNET. Back when the community was 10 people, maybe this was something people didn’t put much value in, but look at the number of people, up to 300+. That is a LOT of people and I am seeing wonderful things! There is a spirit of cooperation between all the coins. I had a vision about this and it is happening like I saw, but I never realized the timescale. I thought I was seeing something many months ahead, but it has been really several weeks from when things started going crazy. This bear market is quite a torture, but in a way it is making people realize the stability of SuperNET - that it is a safe haven.’

There is a pervasive ‘zero-sum’ mentality in crypto: that in order for one coin to succeed, others have to fail. One of the reasons SuperNET was created was to address this. ‘The SuperNET concept is a filter that makes the zerosum people reject it, so we get the people who believe that cooperation is the key. As it grows, people who believe in dog-eat-dog will start to want to join as it will give them a competitive advantage over others… hopefully the SuperNET spirit will be able to overcome their tendencies. We have so much to build and it will be hard enough with perfect efficiency. Except we are pretty picky about who can join, and a lot of the rejects went and tried to make a clone...

‘Once the SuperNET is fully functional, the all the spiral arms of the galaxy can be (will be) put in place automatically by everyone that uses it. This is what I saw too, but 99% of this is not me at all.

‘On the financing side people are realizing they get a lot more than 2x the value by joining with SuperNET, so this is a very good way to add services and a good way for service companies to be able to just develop the tech. Since most of the cost of a new business is customer acquisition, this part is a big short cut. When the SuperNET starts spitting out the dividends, this is when the really crazy gravitational force things will happen.

‘So, as you can see, all the crazy fantastic things I wrote about the SuperNET are coming true, one by one. Soon it will be time to actually marketing this. I do have some experience in that field, but for now gotta finish the tech… premature marketing is not a good thing.’

‘Happy holidays peoples! things are really coming together! once we get the multiwallet++, then getting the InstantDEX and Teleport hooked up will be next, but even without that the v1 release will be quite cool.’

Happy New Year!

A very big thank you goes to James, and to everyone working so hard to make SuperNET such a ground-breaking force in cryptocurrency.
Wishing you had a very Merry Christmas and looking forward to an exciting 2015,

The SuperNET team

SuperNET related links

SuperNET Slack web-based IRC client: http://irc.lc/freenode/supernet/

Almost all slack channels are linked with irc channels, which can be joined via an IRC client or web-client at http://chat.supernet.org. The channel list is there as well.

5000bitcoins managed to get the SuperNET ANN thread on BitcoinTalk back into the ANN section.  
This gives SuperNET a publicity boost, and may have contributed to the recent price bump. https://bitcointalk.org/index.php?topic=762346.0

+ the usual… See recent newsletters: http://nxter.org/category/supernet-newsletters/ or… http://www.supernet.org/en/news/newsletter or… https://bitcointalk.org/index.php?topic=830942.0

Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org

[bitdraw]

great newsletter once again! ty

[mr_random]

rofl, pwnt.

Your retort, mr_random? 


Didn't think so.

I don't think Apenzl understands english that well. Or yourself clearly. Several supernet holders trolled Blocknet hard, calling it a scam that wouldn't deliver anything. Yet Blocknet has started delivering. And all those claims have suddenly gone quiet.

I didn't say Blocknet was further ahead with development or try to imply that.

Great maturity and intelligence from the Supernet community once again. Keep it up guys, very classy.

[Hollowman338]

rofl, pwnt.

Your retort, mr_random? 


Didn't think so.

I don't think Apenzl understands english that well. Or yourself clearly. Several supernet holders trolled Blocknet hard, calling it a scam that wouldn't deliver anything. Yet Blocknet has started delivering. And all those claims have suddenly gone quiet.

I didn't say Blocknet was further ahead with development or try to imply that.

Great maturity and intelligence from the Supernet community once again. Keep it up guys, very classy.

You shit in this thread trying to shill for blocknet and steal some volume from supernet (good luck anyway  ), and then bitch about maturity when your rightly told to piss off.

Bitch please.

[Este Nuno]

rofl, pwnt.

Your retort, mr_random? 


Didn't think so.

I don't think Apenzl understands english that well. Or yourself clearly. Several supernet holders trolled Blocknet hard, calling it a scam that wouldn't deliver anything. Yet Blocknet has started delivering. And all those claims have suddenly gone quiet.

I didn't say Blocknet was further ahead with development or try to imply that.

Great maturity and intelligence from the Supernet community once again. Keep it up guys, very classy.

Who from SuperNET was trolling Blocknet threads? Only person I remember somewhat regularly posting in them was EvilDave and he's more of a Nxt guy in general and I don't specifically remember him trolling, but it's possible he could have said something along the lines of what you mention.

[Zer0Sum]

I love the strategic way James is going about picking coins...
Often raising the question, "Why pick this obscure coin with a $70,000 micro-cap"?

Because he is stockpiling ELITE DEVS that he can work with (the most scarce resource in crypto)...
Or tapping a Chinese VPN coin or something else very unique...

But mostly it's the DEVS, baby.

[whetherman]

rofl, pwnt.

Your retort, mr_random? 


Didn't think so.

I don't think Apenzl understands english that well. Or yourself clearly. Several supernet holders trolled Blocknet hard, calling it a scam that wouldn't deliver anything. Yet Blocknet has started delivering. And all those claims have suddenly gone quiet.

I didn't say Blocknet was further ahead with development or try to imply that.

Great maturity and intelligence from the Supernet community once again. Keep it up guys, very classy.

Actually when one considers that his was a response to someone who is in this tread only to troll - his reply seemed quite classy and civilized to me. Now run along home son.

[apenzl]

SuperNET Newsletter #12

Welcome to the SuperNET!



This week it’s a round-up of some of the latest tech and services developments ahead of the big v1 release.

Topics

SuperNET Client
- Client v.0 Update
- SuperNET Client v1.0b
CPMT
SuperNETx2
SuperNET Dividends
- OpalTKN
- NXTCS dividend
JLH
- JLH Lottery
- JLH Bonuses
SuperNET Radio
SuperNET on video
SuperNET Slack community managers
Jobs Thread
Development Update
- Timeline
- DB MGW
- MMatrix vs InstantDEX
- InstantDEX Ranking System
SuperNET core Coins and features update
- OPAL
- BTCD
- Vericoin
- Coinimal
- Coinomat
- Cryptocard
- Omnigames
- SkyNET
- Freemarket
SuperNET related links

SuperNET Client

Client v.0 update

While we wait just a little longer for the v1 beta, a few more features have been added to v.0, the SuperNET enabled NRS Client. Coinimal and messaging functionality in Dividend+ have been included. The fiat gateways Coinomat and Coinimal allow for simple and instant USD and EUR conversion into BTC and SuperNET core coins, for example by bank transfer. The Dividend+ feature enables anyone to issue dividends on assets.

You can find the latest version of the SuperNET v.0 client here:
https://nxtforum.org/lite-multigateway-releases/supernet-v1-4-9-1/

Additionally, a newest Nxt core feature has been added, requiring a hard fork @ block 330000, so please update your client if you have not already. The Nxt feature is Monetary System, which allows anyone to issue coins on top of the Nxt blockchain. To read more about the different types of coins you can issue and their applications, see here.

SuperNET Client v1.0b

Testing is underway of what will become the primary multi-wallet for SuperNET users.

Where as Longzai's v.0 Nxt-based client is a way for the preliminary functionality and features of SuperNET to be added, as and when they are ready, the “basic mode” v1.0b sNET GUI release will primarily concern essential functions.

t3cltd writes, ‘Given the innovative nature of the tech and the rapid advances and new methodology being brought to bear by some of the brightest and best within the SuperNET community, a stable base beta is to be the first release with the implementation of weekly builds to follow. This will help us avoid 'chasing the technology carrot' and the risk of ever-delaying the release while 'one more feature' is added.’

‘There is a two-pronged approach to managing and implementing functions and features within the SuperNET platform, consisting of two levels of user experience planned for the GUI. The primary, 'basic mode', has been intentionally designed to invoke an intuitive and easy to understand premise, namely, "Here is an electronic wallet, it holds a range of digital currency that can be sent or received." Every single function we add within that simplistic scope must be able to be presented in a similar fashion for our 'basic mode' to succeed as an interface which is intended to be marketed to those absolutely unfamiliar with cryptocurrency, the wider public.’

‘SuperNET intends to leverage, not just the technology, but the kind of multi-platform-feature-laden inclusive user experience generally unavailable within mainstream cryptocurrency 1.0, namely, that which is best described by the word, ‘UNITY’.

‘The 'advanced mode' is currently set to revert to the existing NXT-client-based SuperNET UI v.0 where services and functions are a mix of those provided by the core development team and third-party collaborations which may include commercial projects or private enterprise. It allows for a mix-n-match of tech which can be evaluated and experimented with amongst a group of users already adept at using cryptocurrency services. The key is that the very best of this tech, that which is evaluated as being innovative and, above all, useful as a feature to all SuperNET users, will go on to be selected for inclusion in the new GUI.’

The SuperNET v1.0b basic gui has been deployed to Longzai for integration today, 20.01.2015.

A special edition of the SuperNET Newsletter will be posted shortly after the release of the SuperNET Client v1, which will include an in-depth look at some of the cutting-edge tech developed by James for the sNET GUI, such as 'Ramchains'.

CPMT

Although the idea of centralisation might be anathema to cryptocurrency supporters, the reality is that a decentralised model is not conducive to smooth, reliable and professional-quality development. SuperNET’s infrastructure remains as decentralised as ever, but a team has been put in place to manage the regular updates to the SuperNET client as new services are added.

James writes, ‘This is a very important initiative and puts in place a professional management team for the product release cycle, while still retaining the decentralized nature of SuperNET. For now, getting the overall budget approved is the priority to make the compensation real. Then I suggest that the product management team can discuss the details of budgets, personnel, etc. here until there is consensus that is then ratified by the community.

The 5% of UNITY shares reserved for James’ bonus, should the price have tripled by the end of 2014, have been earmarked as payment for this Centralised Product Management Team (CPMT). A new asset, SuperNETx2, has been created from the shares to achieve this:

SuperNETx2

‘SuperNETx2 (asset ID 13502152099823770958) is an asset created to reduce selling pressure on SuperNET as it is redeemable at 1x, but could be worth up to 2x, so only people who are desperately needing SuperNET to BTC/NXT would ever sell it’, James writes.

The new asset was created to protect the market price of UNITY, since some will need to be sold to pay for immediate costs. ‘The asset is funded with 5% of SuperNET so it gets those revenues plus another 5%. This new asset will trade from between 1x and 2x SuperNET, so the people earning it at face value (1x) could essentially be getting double if their work is a success.'

'I also want there to be a weekly tipping cycle, where the sum of the week's tips earned by anybody in the community will get allocated their prorata share of the weeks' SuperNETx2 tipping budget.'

‘I think the first year when the SuperNET price is still so low, then the people who are earning it will obtain a disproportionate revenue stream, especially if high end goals are met. After that they will be getting the revenues from the dividend flowthrough and that will hopefully be enough to allow for full-time workings. With 40,000 SuperNETx2 budget for 2015 it is worth 600 to 1200 BTC.’

This asset is described and discussed here: https://nxtforum.org/unity/supernetx2-and-the-centralized-product-management-team

SuperNET Dividends

SuperNET asset holders may have received asset dividends which have not been announced in Slack or the SuperNET Newsletters. The Dividend+ plugin in SuperNET client v.0 allows for anyone to send NXT or asset dividends to holders of any asset issued on the Nxt Asset Exchange, including of course, SuperNET/UNITY holders. Some asset issuers use this feature for promoting their assets. The assets they promote may or may not be legitimate.

SuperNET holders do - as always - need to carry out their own due diligence. If an unannounced asset starts paying out substantial dividends (sometimes as large as its own marketcap), it’s a signal that something is wrong. It may be tempting to buy more, but your ponzi-alarm should be ringing.

Others are using the Nxt dividend mechanism to show their support for SuperNET and promote the assets that have been dividended out to SuperNET/UNITY holders. Here are some examples:

OPALTKN

OPALTKN (asset ID 5326942574002986149) has sent out a modest but welcome SuperNETx2 dividend while they continue working on their main revenue stream. OPALTKN is a revenue-sharing asset that was sent out to SuperNET holders last month. (SuperNETx2 is a new asset created from the 5% of UNITY assets that were made available after the price of UNITY did not reach James’ bonus threshold at the end of last year. These are now reserved for people working towards the v1 build cycle, and will only generally be available on the secondary market. See further below.)

NXTCS dividend

NXTCS (asset ID 12658817572699179955) is happy to support the SuperNET, and to show its appreciation for the SuperNET community has dividended out 5% of its assets to SuperNET assetholders.

NXTCS is a callback service for developers which helps to integrate NXT payments in any website or application without the need to run a NXT node and checking incoming transactions. NXTCS is a project led by xchrix, the developer of cryptocoincharts.info and several other projects.

100% of future profits will be paid to shareholders. The first ~6 months there will be no fees for the service to acquire customers and help the NXT economy (this service helps building many opensource payment plugins etc), after then fees may be charged for business customers and additional services that get added will be easier to monetarize.

Dividend: 500,000 NXTCS = 0.6127 NXTCS per SuperNET.
You can find out more details at: https://nxtforum.org/index.php?topic=6982.0

NXTCS is an external service supporting SuperNET and not a SuperNET core service.

JLH

JLH Newsletter #1 is fresh from the press.

JLH lottery

Last month a lottery was held for new JLH/JL777HODL holders buying from the GLYDA account, with prizes of 25,000, 50,000 and 100,000 NXT to three randomly-chosen winning accounts. These winning accounts were:

1st: NXT-CFAC-JAFV-VFV4-9BBY8
2nd: NXT-QEQH-RK3U-BBDS-BZ5BZ
3rd: NXT-QB7Q-2VEM-M7E6-5YXA8

The lottery code used for this use case by James can be used by anybody for any asset. The lotto function is built into the SuperNET API.

JLH bonuses

The JLH/JL777HODL (asset ID 6932037131189568014) is a longterm holding account for promising assets (many of which involve James as developer or consultant), and it’s going to be the reference asset for asset-to-asset trades with the SuperNET core feature InstantDEX. more.

As explained in the JLH Newsletter Introduction, ‘the JLH portfolio has two sources of NXT revenue: The dividends it receives from its assets and forging revenue. In 2014, this revenue was invested in new assets and to pay for events that were organised to increase the transaction volume.
Starting in January 2015, the revenue will be partly distributed to the JLH holders as a bonus.

The first NXT bonus has been paid to JLH hodlers: .005 NXT per JLH, 50,000 NXT total.

Another bonus can be expected by the end of February, but if jl777hodl accumulates a large amount of dividends beforehand, then they will be paid out sooner. The exact date will be announced by LibertyNow when we get close. Funds can be tracked by viewing account: NXT-2AHU-UXZW-K9Q2-HENLW.

SuperNET Radio

SuperNet Radio Network (SNRN) is now broadcasting across 18 Affiliate Websites with programming originating @ Flagship station supernetradio.com.

The supernetradio.com calendar is up. You can add it to your Google calendars easily, for email update notifications. SuperNET Radio has a request form for anyone wanting to do interviews: http://supernetradio.com/index.php/interview-requests. A list of recorded shows can be found on the website as well.

SuperNET on video

JS Galt, CoinTelegraph writer and person responsible for the supernet wiki, has been discussing the SuperNET on camera:
http://youtu.be/9JT7P9P7kig

SuperNET Slack community managers

James writes, ‘Recent events have brought to our attention the need to set some standards that can ensure a positive, diplomatic channel of communication with other communities and solve any friction if the case arises. For that, @noashh and @damelon have been appointed due to their extensive experience in the matter and have accepted the responsibility to do so.

‘This is a call for everyone to acknowledge this and respect their duties as our brand new community managers.’

You can join SuperNET Slack by sending an email to info@supernet.org, asking for an invite. The Slack-logs can be found in our forum: https://forum.thesupernet.org/index.php?board=46.0 Also, several channels have now been linked to their relevant IRC-channels.

Jobs thread

It is easy to lose track of material in Slack due to the number of users and the 10,000 message limit. 5000Bitcoins is putting together a jobs thread on NXTforum, where people can list their skills and look for suitable people to carry out SuperNET-related tasks: https://nxtforum.org/job-board/supernet-job-thread/

Development Update

Timeline

James writes: ‘The timeline is event driven. Ramchains -> MGW -> InstantDEX -> Teleport. Then Telepathy can be added. Tradebots are built on top of InstantDEX. The problem is that if I find something is not right (like bloated blockchains), I fix it. So now instead of bloatedchains we have ramchains.’

Ramchains is a cutting edge tech we will give in-depth details of in the special Newsletter edition being released shortly along with the SuperNET Client v1.

DB MGW

Multigateway has been completely rewritten to make it faster and more effective. VanBreuk writes, ‘DB MGW relies on a custom database with blockchain information of every coin handled by the server, so instead of querying the coin daemon to retrieve data from the blockchain, which is quite slow by any standards, the SuperNET (MGW) software can process requests much faster by using its own database. Also, MGW operations are now included in the SuperNET API and that allows it to deliver requests faster, and monitor them from another node.’
MGW servers

SuperNET will be subsidising the running of the Multigateway servers for one year. This is necessary due to the amount of work required in maintaining servers and answering queries from users. After the first year, ‘I expect the monetization that is possible via running MMatrix node will create plenty of nodes. MMatrix nodes get to cherrypick orderflow. Riskless arbitrage will happen. We won’t need many per month to pay for server costs.’, James writes.

New technology and new server triplets for new coins are currently being developed and added to Multigateway.

MMatrix comes with InstantDEX

There is some confusion about the difference between MMatrix (announced in SuperNET Newsletter #10) and InstantDEX - unsurprising, since they ‘are pretty much one and the same’. MMatrix is decentralised orderbook propagation. ‘The InstantDEX API side has been done since last July,’ writes James.

‘The MMatrix nodes will need to directly earn arbitrage spreads. I will also make vanilla market maker bots that MMatrix node can run, but this comes with some amount of market risk. ]InstantDEX asset will get revenues from the "google ads" effect… the MMatrix node that has paid the most fees to InstantDEX gets the top placement and the chance to cherry pick the most orders. They can only execute within the parameters the users are setting as the trade is actually done peer-to-peer, so the MMatrix node can become the other peer if it likes the order. If not, it sends to the rest of the MMatrix, so the other MMatrix nodes get second shot at it. Then if it is still unfilled, all the rest of the users will see it. So it is quite an advantage to be in the loop.’

The result of this process of competing to take part in peer-to-peer trades is that there should be a steady stream of InstantDEX fees.

InstantDEX

InstantDEX is coming along, with Ramchains bringing new functionality. A quick recap:

InstantDEX supports near-realtime asset-asset exchanges. ‘It enables the ability to carry out a trade and know the price you’ll get even if there is a long block - and to change your bid/ask without cost. I aim to make it so you get the best price (either direction) when using InstantDEX.
Using ramchains we can properly sign a tx for any coin, within BTCD.’

InstantDEX ranking system

A system is being developed to enable fast and reliable trading over InstantDEX. ‘You place orders, then peers contact you to make a trade. You either accept, reject, or counteroffer.’ In this way, peers can quickly determine who is a reliable trading node - timewasters can be blacklisted.

However, there is a time cost of negotiating. ‘In a fast-moving market you want to make a deal quickly, not end up haggling over fractions. So each node keeps stats on what percentage of time orders are just accepted, etc. This feedback may need to be propagated too.

‘Ultimately what matters is the trading volumes, though that can be faked. So what really matters are the total fees paid to InstantDEX and quotes will be displaying a ranking of this, so you can tell apart two offers on the orderbook at the same price/volume. For example, if one account is ranked #2 in fees paid and the other guy is #47. Of course, people can artificially boost their ranking by sending funds to InstantDEX. This is somewhat of a problem as far as accuracy goes, but it is like the accepting higher Google rankings by price paid.

‘This allows a newcomer to just send an amount to InstantDEX so others can see his offers and also that he is real. The side effect of InstantDEX collected ranking fees, well, I can live with this.’

SuperNET core Coins and services update

OPAL

Opal is on the move. Take a look at this video, giving an overview of the coin and its features: https://vid.me/2maa

New Opal Wallet Release with Built-In Supernet
The new Opal wallet is available on opal-coin.com.
There is also a new Mobile wallet: http://youtu.be/0m9CmIY-QnI

The Opal team has officially released its integration of the ColorCoins source code into its platform. This puts Opal in great company as the second asset exchange platform to partake in the SuperNET, along side Nxt.

The Colored coins capability is accessible to command line users, but among the next wallet upgrades a new GUI will integrate this second generation technology alongside everything else Opal brings to its users, inside a one client wrapper. Opal has a live rest API and live blockchain explorer here: http://live.opal-coin.com

Opal has also teamed up with F-Secure to address the problems of malicious software downloads: https://altcoin.center/safe/
In other news, OPALTKN has dividended out SuperNETx2 assets (see above), and http://www.opalcoinradio.com has joined SuperNET Radio Network.

BTCD

BTCDdev has compiled the SuperNET.exe wallet for Windows.
If you can help with testing this, please get involved. You will need to build BTCD on Ubuntu.

BTCDdev explains: ‘It may seem confusing because SuperNET Client v.0 runs some plugins in the Nxt NRS Client, but the actual SuperNET API with ramchains, teleport, etc is run with BitcoinDark and Nxt too. Bitcoindark.exe runs Supernet.exe. The new BitcoinDark has lots of new code to let it talk to SuperNET.’

After the big v1 release of SuperNET a lot of the development focus will shift directly to BTCD and InstantDEX (of which BTCD plays an important part). In preparation for this upcoming development activity and for more BTCD focus, BitcoinDark is now getting its own Slack page.

Please go to the official website here: http://bitcoindark.pw/slack/ to request an invite!

Vericoin

New Vericoin wallet



veryveriviral writes: ‘We're proud to announce the release of our new VeriCoin Wallet Version 1.5 this Friday, January 23rd. Our Official Press Release has been sent to SuperNET as well as other media outlets. More info forthcoming via @VeriCoin on Twitter.’

VeriCoin Wallet 1.5 brings many new, exciting features. We have a multitude of new Tabs Sections including - "SuperNET", "Chat", "Forums" and "BlockChain". We've introduced a "Real Time" scrolling News Ticker, the option to set the number of Decimal Places, as well as added more avenues to acquire VeriCoin with our "Get VRC" Tab. Auto-Update will make future updating a breeze and with Turbo Bootstrap you'll be syncing to the BlockChain in minutes.

Coinimal

Coinimal is giving €5 to every fully verified account. This voucher can be used at the first order. You can find Coinimal at https://www.coinimal.com or through the latest release of the SuperNET v.0 Client.

Coinomat

Coinomat has launched bank wire transfers in USD and EUR! ‘You can buy any crypto we support with a bank transfer now. They have also enabled direct BTC -> CoinoUSD exchange (CoinoUSD is Coinomat’s dollar-pegged asset). Find out more at http://Coinomat.com.

Cryptocard

‘The anon card is ALMOST there. Cut us some slack on that one, if you follow our service you probably noticed that we keep our promises. ETA is a week or two.’

The idea behind the anon card is simple: ‘You send BTC, you get fiat to your card and can withdraw it at an ATM. We want to make the transfers instant. Maybe at the beginning it will take around several hours, but in some time when a user sends his coins he will be getting money to his card immediately.’

This is a very exciting project, and a critical part of the SuperNET/anon ecosystem. Card payment processing profits will go towards dividends for the Coinomat asset. ‘We plan to launch a merchant API right after the card is launched. There will be a separate project; the plug-in has already been coded.’

Users will be able to order cards from Coinomat.com, although the ability may also be integrated in the SuperNET GUI. ‘I think we will reduce the fees as much as possible for SuperNET users. They are bound to one account in a bank, and each card is not tied to its own account. So you don't have a new bank account if you have this card. The card will cost $40.’

Omnigames

Amarha writes, ‘It's going well. We’re working on the first two white label games that we'll be able to use as bases for customization. The first full game will start by integrating BTM as the first crypto for in-app payments, faucet like functions, and p2p marking.

‘The first two white label games are going to be based on a couple of popular mobile game concepts: match 3 (similar to candy crush, bejeweled etc) and a 'runner' type of game (similar to cookie run). With the white label games we'll be able to customize them in terms of features, graphics, sounds/music etc, to create unique games for specific cryptocurrencies. For example, if the Nxt community believed that having mobile games that integrate NXT for in-app payments and faucet-type features would increase adoption and work as a good marketing tool to generate users, then we'll be able to customize the white label games to use NXT as the central focus of a game.

‘Behind all of this I intend there to be a social platform as well, but I've decided to focus on getting the content built first before developing the social layer.’

SkyNET

A brief update from nexern: ‘Just for those who don't follow the dev-monitor (http://finhive.com/fh_devmon.html), db-cluster is tested and running stable/fast as expected.
Fetchers/importers in progress and are the main working part now. Let the data flow in now.
- fetchers for crypto exchanges written, adding API service monitoring and bar builder (1m and up) the next days. stocks and currencies are next.
- 60+ trader resources (forums, portals, associations) for later announcements and ad placements added to the marketing resource db. more resources in different languages are added over time.  
100+ candlestick pattern for the custom TA lib are finished. created as SVG, the images can processed by code. chart formations are next.

A great year ahead, that starts with happiness and ends with that too.’

Freemarket

‘Concorde is an escrow system that works in conjunction with FreeMarket, and it can be integrated into other systems as well. Concorde integration will be included in the next release of FreeMarket’, Freemarket developer poofknuckle writes.

It works like this: Sellers have the option of using Concorde for escrow. If they do so, the money from the buyer is sent to an escrow provider who is using Concorde, and that provider will intervene if there is a dispute. If there is no dispute, and both the buyer and seller sign off on the transaction, then the money in escrow is automatically released by Concorde to the seller.

Escrow services are not provided by the FreeMarket team. Third-party escrow providers are free to offer their services via Concorde, and all a seller has to do is enter the escrow provider’s NXT address in order to use that provider for escrow. This is done on a per-item basis, so a seller can use different escrow providers for different items.

We are seeking beta testers. The tests will be run on the testnet.’
Read more in the Concorde ANN thread: https://nxtforum.org/freemarket/ann-concorde/

SuperNET Radio guest DJ Juan Galt had a talk with Mr. Knuckles, you can listen here:
https://soundcloud.com/supernetradio/17-january-juan-galt-and-mr-knuckles-nxt-freemarket-developer
 
SuperNET related links

http://supernet.org

SuperNET news

Newsletter signup
http://supernetwrk.weebly.com/newsletter.html

https://twitter.com/Jl777News
http://jl777news.tumblr.com/
https://www.facebook.com/jl777official

SuperNET Newsletters archive
http://nxter.org/category/supernet-newsletters/

Community

SuperNET Slack
http://104.236.15.119:8086/logs and
https://forum.thesupernet.org/index.php?board=46.0 have a log of the public channels.

SuperNET Forum
https://forum.thesupernet.org

Ask for an invite to the SuperNET Slack here: info@supernet.org

SuperNET CORE coins

NXT
http://nxt.org

BTCD
http://bitcoindark.pw

BBR
http://boolberry.com

VRC
http://www.vericoin.info

CHA
http://chancecoin.com

OPAL
http://www.opal-coin.com

VPN
https://bitcointalk.org/index.php?topic=757614.0

SuperNET related projects

BITS (SuperNET CORE component!)
https://bitcointalk.org/index.php?topic=748045

SkyNET (FinHive)
https://nxtforum.org/finhive/
https://nxtforum.org/nxtventures/reserved-6826/

Coinomat
https://coinomat.com

Neodice
https://nxtforum.org/nxtventures/(pre-ann)-neodice/

Freemarket
https://nxtforum.org/nxtventures/freemarket-official-thread/

ATOMIC
https://bitcointalk.org/index.php?topic=780833.0

Pangea
https://nxtforum.org/nxtventures/pangea-poker/

Jay
https://nxtforum.org/nxtventures/jay-decentralized-plugin-network-asset-8688289798928624137/

Omnigames
https://nxtforum.org/nxtventures/omnigames-asset/

SNN
https://forum.thesupernet.org/index.php?topic=118.0

Coinimal
http://coinimal.com

ShortUNITY
https://nxtforum.org/assets-board/shortunity/

Prediction Markets

https://www.fairlay.com/predict/registered/new/supernet-in-top-10-of-coinmarketcap/
https://www.fairlay.com/predict/registered/new/supernet-in-top-5-of-coinmarketcap-before-2016/

Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org

[apenzl]

SuperNET Newsletter #13

Welcome to the SuperNET!



Once again we have a number of intriguing updates for you. Step by step, the release of SuperNET v1 is getting closer.

Topics
Client v.0 update
SuperNET v1
SuperNET Silver Coins
Ramchains
MGW
New lead API developer
SuperNET buys JinnLabs technology
Tradebots
Cryptocards
NeoDice
Pangea Poker
SuperNET Radio
NXT
BTCD
OPAL
VRC
VPN
BITS
CHA
Press
SuperNET Wiki
SuperNET Newsletters
SuperNET related links

Client v.0 update

A new v.0 update has been released. This is the preliminary client with basic SuperNET functionality, including Multigateway and Coinomat funding. The two major changes are:

1) Added compatibility to Nxt NRS 1.4.12
2) Coinomat now includes USD funding via bank transfer

The Electrum BTC wallet will be integrated into the SuperNET v.0 web interface.
Test it here: https://github.com/CryptoSleuth/electrum-nxt
Latest progress video from cryptosleuth (#3): https://vid.me/gucm  -  (HQ)

SuperNET v1 - soon!

We had hoped that we could announce the public release of the official SuperNET v.1 client and give you a download link to the fancy new wallet too, but... a new idea arose, new innovation was developed, yet more code was written by jl777, the GUI had to be adapted in response, and - not least - the client simply needs more testing. Most important of all for this SuperNET release is that it MUST be easy to use. SuperNET intends to reach outside of traditional crypto circles to Average Joe, and it must therefore be Joe-ready. That includes a neat installer, to avoid all the regular issues of downloading and unpacking the client.



If you’d like to help speed up the release process, ask how you can help test the new client on Slack. James writes, ‘API channel is testing the realtime MGW. v1 GUI that uses same API is internally released. New MGW servers with all 5 ramchains is in realtime mode. So a few more things need to get cleared up, but it is happening.’

In the meantime, James continues programming, along with an ever-increasing number of CORE coin- and 3rd party feature developers. The Slack community also keeps growing (391 in SuperNET Slack now), making it probably the largest concentration of talent and support in the crypto world. The main features for the next version of the SuperNET client are already taking shape, but let’s stay with the scheduled release for now. The client we’re waiting for is a user-friendly Multiwallet containing the SuperNET CORE coins (BTCD, OPAL, VPN, VRC, BITS and NXT), as well as BTC and DOGE.

You can read more about the ideas behind the v1.0b wallet release in SuperNET Newsletter #12.

SuperNET Silver coins

Pondsea has been working on some SuperNET silver coins, a limited edition mintage of 1,000 in .999 grade silver, numbered 0-999. The Asset ID is 1976421459488798622 and the issuing account  NXT-F8QG-GNXA-U5TW-6DX3K.

The asset represents the coin itself, which can be redeemed at any time by sending the asset back to the issuer’s account along with an encrypted message including your address. The redeemer of the coin will be sent a cost for shipping, which they will need to pay to receive the coin.

Pondsea writes, ‘I made it as an asset on the AE so people can trade it. I am basing the coin at $45 USD, but Slack guys get an extra 10% of the asset up to 1 free coin. I know some will take advantage and buy 10, get the free coin then sell the 10, but I don’t think many will. Just buy it and let me know from what account and I will shoot you the bonus.

‘Just for total disclosure, my cost price for the first 100 is about $40, price will go down slightly when I mint in batches of 500/1000 or when I have the demand to twist the mint’s arm.’

Each CORE coin in the Supernet will get a free silver coin to donate to their communities from Pondsea, and James has bought 100 of the 1000 mintage to use for a special project.



Ramchains

http://wiki.supernet.org/wiki/Ramchains

Btcddev has created a ramchain-powered block explorer, which can be found at http://104.131.45.236/ ‘You can do things like make a quick rich list, etc. You can see the time it takes to parse the blockchain for the richlist at the bottom of the page… usually gets ~40-70ms.’ For the uninitiated, this is an almost unimaginable increase in speed over traditional blockchains.

In fact, the speed with which ramchains operate caused some unexpected problems during testing: ‘There seems to be a glitch… I think it went too fast! What looks like happened is that the deposit got processed instantly, before the NXT address was filled in to the payment module! Being able to rescan entire blockchains in 10 milliseconds creates a lot of unexpected problems.’ James has build in deliberate delays.

As well as being faster, ramchains are far smaller than regular blockchains - the most highly ‘distilled’ version may be between 10 and 20 times smaller, and the data is ‘orders of magnitude more efficient to operate in the distilled space… but it is not just about the raw compression ratio, but the effective active memory footprint required to do useful calcs.’

MGW

Development on MGW has accelerated markedly since James implemented ramchains. ‘I can make 100+ test builds per day of MGW so it can rapidly evolve and in fact, instead of changing MGW to use ramchains I just added MGW functionality directly into ramchains. When it takes an hour to just find out that you had a typo and you have to restart again, it is quite difficult to debug as it is easy to get distracted. And then you make more mistakes, leading to more test builds needed, etc… with ramchains, I have to slow it down. It makes it a lot more fun to develop with near realtime feedback. So, I expect to be enhancing ramchains with InstantDEX, Teleport, etc’.

‘It has been a marathon to get ramchains done so I can get realtime MGW done, but as far as my work, these are pretty much done for now. We can test all SN gen1 coins at the same time, as the MGW servers already have realtime ramchains for all the supported coins.’

A separate feature autoconverts some of the deposited currency into NXT, which is necessary for certain transactions - further reducing the friction of getting started. It also registers the public key (a point of some discussion in Nxt circles...). ‘Time from starting to getting a funded new NXT acct (with pubkey) and BTCD assets ~3 minutes.’

MGW works on three independent servers, which must be in agreement to allow withdrawals. Because these are typically in different timezones, setting them up can be tricky. Once debugging is complete, various coin communities will run different servers. ‘Servers with the 5 coins are run by VRC, OPAL and BITS devs along with vanbreuk for the [NXT] bridge. With the realtime MGW, one triplet will be able to handle pretty much any volumes the blockchains can handle, in either direction. Though the withdraw side for this is yet to be proven and could have some issues with too many withdraws at once requiring time to catch up.’

New lead API developer

Bassguitarman has become lead API developer for SuperNET: ‘We added 2 new api calls, Python and bash, so now you can embed python/bash inside SuperNET.’ Expect more news.

For the latest updated SuperNET API list, see: https://forum.thesupernet.org/index.php?board=41.0

SuperNET buys JinnLabs technology

A funding request has been made (and approved) in the SuperNET Funds Disbursement Authorization Thread:

###
870,000 NXT for a special technology transfer that will enhance the privacy of SuperNET. all the tech is trinary based and developed by JinnLabs. code to be created by Come-from-Beyond

details will be sent in PM
payments would be made to Jinn acct

James
###

Watch this space for more details on what’s involved.

Tradebots

Tradebots are waiting for InstantDEX, which however will be launched with a tradebot. Join the Slack discussions around what capabilities the tradebot should have.

Cryptocards

The semi-anon card from Coinomat is almost ready to ship now.



(The bank’s logo has been blacked out for now.) Info will be announced here: https://nxtforum.org/cryptoasset-fund-projects/(ann)-coinomat-com/msg161090/

Additionally, Coinomat has released CoinoEUR, an asset tied to the Euro to accompany their USD-tied coinoUSD asset. Both can be bought through coinomat.com, traded on the Nxt Asset Exchange, and withdrawn at any time to your bank card or to PerfectMoney, Egopay or Okpay.

CoinoUSD asset ID: 12982485703607823902
CoinoEUR asset ID: 18331302471589054607

NeoDice

NeoDice, the NXT remake of the legendary SatoshiDice game, has hit the mainnet and will be included in the upcoming v.0 GUI. Here’s a screenshot of how it will look.



Pangea Poker

There is a new Pangea video (created by hobofife), detailing the final features of the PangeaPoker GUI - and it’s looking good: http://youtu.be/nzhd2_WH-eE

SuperNET Radio



lootz writes, ‘SNRN Decentralized solution is in place, it will take time to embed in all the sites. Each site will eventually have the centralized version and the decentralized version. Difference is the centralized hosts will know every ip listening to it and decentralized player alternative will keep your ip address only known to the listener who is rebroadcasting the stream to other listeners. Which is very random and most listeners do not know how to obtain this information.
Tune in: http://www.supernetradio.com

NXT
Latest newsletter: http://nxter.org / eepurl.com/bcwoxD 

The first decentralized crowd funding via Nxt Monetary System has been announced: http://nxtacademy.com/about/#donate

BTCD
BitcoinDark gets more and more interesting, equipped as it now is with Ramchain tech as well as Teleport and Telepathy. You can read more about these on the BTCD website.

OPAL
Opal has been added to coingateway https://coingateway.net/

There’s an OpalGuide here: http://www.opal-coin.com/wp-content/uploads/2015/02/OpalGuide1.3.pdf

Opalcoin’s bassguitarman explains coloured coins on SuperNET radio. You can listen to the audio here: https://soundcloud.com/supernetradio/colored-coins-explained-by-dev

VRC
VeriCoin 1.5 Wallet - Linux 32bit Version now available for download via VeriCoin.info
The VeriCoin Team is currently at work on the Mac Wallet.

VPN
http://www.bitnet.wang

BitNet Version 1126 Released, Include BitNet Browser, BitNet Cheque and QR Code

http://youtu.be/wlbiECSFf_w

BITS

Bitstarcoin is releasing a new wallet and website shortly, as part of the preparation for developing their p2p ‘localbitcoins-like’ in-wallet exchange further, which will enhance superNET’s range of crypto<>fiat  routes.

SuperBITS

‘Due to Bitstarcoin being part of SuperNET, a ‘2.0’ equivalent to BITS has been created on the NXT-based platform which you can trade into and out of by way of the SuperNET Multigateway on a 1-for-1 basis.

1.0 = BITS
2.0 = SuperBITS



1.0 remains on its own blockchain and wallet, to which some modifications and updates are coming. 2.0 (SuperBITS) operates within the NXT-based platform and can therefore be incorporated into numerous decentralised services such as the Asset Exchange, amongst other features and functions available now, soon and in the future’, explains Bitstar_coin.

CHA
http://vimeo.com/110923742

Press

SuperNET hasn’t started a real marketing campaign yet, since the preference is to finish the tech and market something that works rather than just sell hype. All the same, we’re gaining some interest. Take a look at the following articles:

http://guardianlv.com/2015/01/digital-wallets-of-the-future/
http://guardianlv.com/2015/01/technology-boosts-alt-coins-like-bitcoin-through-new-supernet-initiative/
http://marsocial.com/2015/01/new-users-still-flock-to-supernet-despite-crypto-skepticism/

SuperNET Wiki

The SuperNET wiki needs a little more attention. Noashh writes, ‘SuperNET Wiki at http://wiki.supernet.org - please help to populate it, especially when you're working on any SuperNET related projects. Everyone can make changes after signing up. Contact @js.galt or me for any questions.’

The SuperNET Newsletters

A very big thank you to everyone who is working so hard. Keep up the good work!
We catch what we can, but noone should be able to keep up with decentralized innovation!

So if you’re in a SuperNET related coin or project, please post your updates and announcements in Slack channel #announcements, or contact apenzl directly, to make sure you get your deserved spot in the newsletters. Thanks in advance, and see you next week!

SuperNET related links

http://supernet.org

SuperNET news

Newsletter signup
http://supernetwrk.weebly.com/newsletter.html

https://twitter.com/Jl777News
http://jl777news.tumblr.com/
https://www.facebook.com/jl777official

SuperNET Newsletters archive
http://nxter.org/category/supernet-newsletters/

Community

SuperNET Slack
http://104.236.15.119:8086/logs and
https://forum.thesupernet.org/index.php?board=46.0 have a log of the public channels.

SuperNET Forum
https://forum.thesupernet.org

Ask for an invite to the SuperNET Slack here: info@supernet.org

SuperNET CORE coins

NXT
http://nxt.org

BTCD
http://bitcoindark.pw

BBR
http://boolberry.com

VRC
http://www.vericoin.info

CHA
http://chancecoin.com

OPAL
http://www.opal-coin.com

VPN
https://bitcointalk.org/index.php?topic=757614.0

SuperNET related projects

BITS (SuperNET CORE component!)
https://bitcointalk.org/index.php?topic=748045

SkyNET (FinHive)
https://nxtforum.org/finhive/
https://nxtforum.org/nxtventures/reserved-6826/

Coinomat
https://coinomat.com

Neodice
https://nxtforum.org/nxtventures/(pre-ann)-neodice/

Freemarket
https://nxtforum.org/nxtventures/freemarket-official-thread/

ATOMIC
https://bitcointalk.org/index.php?topic=780833.0

Pangea
https://nxtforum.org/nxtventures/pangea-poker/

Jay
https://nxtforum.org/nxtventures/jay-decentralized-plugin-network-asset-8688289798928624137/

Omnigames
https://nxtforum.org/nxtventures/omnigames-asset/

SNN
https://forum.thesupernet.org/index.php?topic=118.0

Coinimal
http://coinimal.com

ShortUNITY
https://nxtforum.org/assets-board/shortunity/

Prediction Markets

https://www.fairlay.com/predict/registered/new/supernet-in-top-10-of-coinmarketcap/
https://www.fairlay.com/predict/registered/new/supernet-in-top-5-of-coinmarketcap-before-2016/

Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org