◈◈Bitcredit ◈◈ Migrating to UniQredit◈◈

[bitcreditscc]

Any knows why i im getting this error:

getinfo from wallet:

00:55:16
CDB : Error -30974, can't open database (code -1)

all is new installed, synced
v0.30.16.5-3b2e655-dirty

oy, i'm in chat you know?

That's just telling you your wallet file is corrupted. do a dumpwallet, then import into a fresh one.

Don't worry, it'll preserve your trust rating.

[1714773148]

1714773148

[1714773148]

1714773148

[fishbone]

Tnx for quick help

[MickGhee]

thanks for info everyone i think i understand it cool ill try my hand at some pow and see what i get

[thelonecrouton]

So, that's part of the improved trust rating without the credit rating. Let me know what you think.

Stake? No objections to a hybrid PoW/PoS if that's what you're thinking of doing, just curious.

What's the difference between network participation and tx frequency?

Also, tx frequency trivial to fake up, should it carry so much weight?

And my OCD would be happier if the max was 100. 

[bitcreditscc]

So, that's part of the improved trust rating without the credit rating. Let me know what you think.

Stake? No objections to a hybrid PoW/PoS if that's what you're thinking of doing, just curious.

What's the difference between network participation and tx frequency?

Also, tx frequency trivial to fake up, should it carry so much weight?

And my OCD would be happier if the max was 100. 

Stake (for now) is just the % of the total money supply that is in your possession. As i indicated earlier, i am working on a separate implementation (when i get tired of the stats engine work) that uses a hybrid PoS/PoW 3 tier system as a test subject on how well that would work. It's main goal is to see if 1) PoS can be used selectively for Bank transactions without issue, 2) If the proposed "layering" of types of nodes can be done to further expand the ecosystem. it will be released privately and is by invite only since it's not meant for the public 

Network participation is your number of tx, frequency is your number of tx relative to the time your wallet was first created.

global freq is the number of global tx relative to global lifetime.

I intend to create a new marker (the one that will be used to blacklist bad clients) basically using these markers we can tell if someone is spamming send to self transactions or just alternating between a couple of wallets. But you are right though, maybe i should reduce the weight.

the 100 thing would be great, it's actually meant to be 200, because users will excel in some areas and fall behind in some, as a result we need to provide some wiggle room for people to earn good trust ratings

[starblocks]

Literal banks are two decades behind, multiply that by the minds that work for them and you've got yourself a window in time

Just get it right!

[MickGhee]

Literal banks are two decades behind, multiply that by the minds that work for them and you've got yourself a window in time

Just get it right!

no doubt ever done a bankwire ---- days crypto minutes i wonder who will win

[gjhiggins]

Literal banks are two decades behind

Doesn't chime with what's being reported: http://www.ibtimes.co.uk/bitcoin-wall-street-brain-drain-1498124

Cheers

Graham

[starblocks]

Literal banks are two decades behind

Doesn't chime with what's being reported: http://www.ibtimes.co.uk/bitcoin-wall-street-brain-drain-1498124

Cheers

Graham

Didn't need to

Think like this... the banks cannot change or adapt fast enough

F! me if they do coz that could make a difference but no this is reality unfortunately

[gjhiggins]

Think like this... the banks cannot change or adapt fast enough

Not sure I share your confident outlook.

http://blogs.wsj.com/digits/2015/04/02/ubs-to-open-blockchain-research-lab-in-london/?mg=id-wsj

“Swiss banking giant UBS is to open a technology lab in London to explore how blockchain technology can be used in financial services.

The lab, set to open this month and occupy a dozen desks at Canary Wharf-based fintech accelerator space Level39 – a hub in London for financial technology startups – will bring together technology experts from the bank and the wider fintech community, UBS said.

Lab members and invited guests will experiment with how blockchain — the underlying technology behind bitcoin — can be adapted to process a wide range of financial transactions in a more efficient and cost-effective way, the bank said.

The lab will aim to develop new technologies that deal with industry-wide issues, such as the need to manage and analyze vast amounts of data, or better evaluate risk.

While many in financial services have expressed an interest in the underlying technology behind bitcoin, UBS’s is one of the first banks to go public with their plans. The idea is to get UBS more involved with the fintech crowd in London and open up to external innovation.

The blockchain is the public and decentralized online ledger which verifies transactions in digital currencies such as bitcoin. It is an indelible record, whose authenticity is verified by a network of computer users rather than a centralized authority.

Many have come to believe that this technology can be adapted to record and verify financial transactions, from clearing securities to making cross-border payments.

Last month the U.K. government announced that it would commit £10 million to support research in digital currencies technology, while last September the Bank of England recognized blockchain’s potential, saying that the technology could have “far-reaching” implications.

Speaking to Financial News last October, Oliver Bussmann, group chief information officer at UBS, said the blockchain had the potential “not only change the way we do payments but it will change the whole trading and settlement topic.” He described it as the technology with the biggest potential to disrupt financial services, and trigger “massive” simplification of banking processes and cost structure.

Last year the Swiss lender created a system of working groups, with dedicated funds to come up with innovative technology products.

Commenting on the lab, Bussmann said: “Fostering an open and collaborative environment between banks, start-ups and the investor community is essential to ensure we focus on promoting synergies between us, accelerate innovation opportunities and create real value for the industry.

Over the past year, many banks have backed or launched initiatives to increase their interactions with the fintech start-up ecosystem, as they seek to stay abreast with the rapid changes in technology which threaten their businesses.

Barclays runs a fintech incubator in London and New York and most of the major banks participate in a fintech accelerator program run by Accenture globally, while a number of lenders, including Lloyds Banking Group , back London-based Startupbootcamp FinTech.

Others banks, including HSBC, Santander and BBVA, have also launched corporate venture funds to make equity investments in fintech companies.”

Cheers

Graham]

[thelonecrouton]

Literal banks are two decades behind

Doesn't chime with what's being reported: http://www.ibtimes.co.uk/bitcoin-wall-street-brain-drain-1498124

Cheers

Graham

Banks will adopt blockchain tech only where it's in their own interests. They are probably trying to figure out how to work around the whole pesky accountability and traceability issue that blockchains bring.  

Still, maybe they can help Bitcoin with their pitiful max txes per second limit. 

[bitcreditscc]

my biggest regrets are not having enough coding expertise and not having enough hands. Because if i had either of the two, this would be way faster and more professional. I a improving, really quickly...but not fast enough for my liking. I would have wanted separate teams working on reversible transactions, escrow and colored coins. We would be tens of times faster and more secure than i am alone.

[thelonecrouton]

my biggest regrets are not having enough coding expertise and not having enough hands. Because if i had either of the two, this would be way faster and more professional. I a improving, really quickly...but not fast enough for my liking. I would have wanted separate teams working on reversible transactions, escrow and colored coins. We would be tens of times faster and more secure than i am alone.

Maybe a revised bounty program? I am not a spendthrift, but those 6 million BCR exist to be used.

You're the one best qualified to determine what you need...  I as an investor have no problem with you contracting out specific jobs. Payment only on delivery to full spec of course. 

I PM'd HashEngineering who does a bunch of Android wallets and is working on the DASH one with integrated IX and DS, just to ask if he would be interested in porting it to BCR, but have not heard back.

[thelonecrouton]

More fun in ponziland: http://www.zerohedge.com/news/2015-04-25/war-cash-migrates-switzerland

[Department of]

Here are the logos to discuss and vote on.  Send me a PM with your vote.  Once we choose the one we like the most we can figure out the next step we want to take- any modifications we might want, etc. 

1-



2-



3-



4-



5-



6-



7-



8-



9-

[bitcreditscc]

7, 8 and 9

[antonio8]

I can't decide between 1, 6, and 7

[alganonim]

1 - Simple, great idea.

2 - 5 mehh

6 - great idea, but font could be better , "B" could be wider, with the same width as "C"

7 - almost perfect

Nobody tried to expose BCR in logo, here big C divided in half could be also as a small r .



8 - logo too complicated

9 - good, but where is B and C in it ?


warning, it's only my personal opinion  

[thelonecrouton]

I like 7 but grey is a bit light, and darkening it makes it too similar to the DASH colour scheme. How about

 

Needs an outline around the C in the graphic for legibility on a pale background?

[Department of]

I like 7 but grey is a bit light, and darkening it makes it too similar to the DASH colour scheme. How about

 

Needs an outline around the C in the graphic for legibility on a pale background?

Yeah, that looks pretty good.  I like the gold and black color scheme, but it does need a slight change somehow to make the C part more visible. 

6 has some potential, 7 is probably the best, 8 is alright but I agree it might be a little too complicated when we just need a small symbol.