EUROPECOIN [ERC] 🌟 FINANCECLOUD 🌟 CRYPTOCURRENY & FINANCE API + SMARTHUB 🌟

[cryptonit]

if more and more up to date wallet are online that
wait time to sync will decrease until nearly non existence

its also important to add a hard checkpoint after the critical blocks into next wallet

[1714024779]

1714024779

[1714024779]

1714024779

[szenekonzept]

if more and more up to date wallet are online that
wait time to sync will decrease until nearly non existence

its also important to add a hard checkpoint after the critical blocks into next wallet

even more there is a complete core-upgrade and rewrite going on in the background, we are keeping up evolving.

By the way i found out, we just reached (with downloads and visits) the 10 terrabyte traffic on our site.
just the presskit had 2460 downloads this month. Because we ran out of volume, i am now preparing alternate download sources.
downloads will be back available soon.

have fun
Matthias


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[backbonejb]

@Woody20285 and @backbonejb
Hello,

that are good news !

Best Regards Christian

Yes it certainly is.

Today went smooth, wallet keeps staking en running fine at the moment!

Thanks for all your efforts.

Jerry

[szenekonzept]

@Woody20285 and @backbonejb
Hello,

that are good news !

Best Regards Christian

Yes it certainly is.

Today went smooth, wallet keeps staking en running fine at the moment!

Thanks for all your efforts.

Jerry

Thank YOU for keeping faith and keeping up with us!




have fun
Matthias 


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[szenekonzept]

Federated Blockchains Whitepaper is done,
waiting for team comments before pubish.

have fun
Matthias 


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[nfigueir]

Hi Matthias,

Regarding the ROKU testing, I did test it briefly and it was working but it had to many coins which I don't need.

So, I decided to go for a DIY approach and built a RPi3 Raspbian image with the only 3 coins I have (NLG, ERC and SLG) and since I was building something for myself I also added Kodi to be able to use the Raspberry as a Media Center

Also, I did some changes (I dare to call them improvements) comparing to ROKU regarding the setup to try to ensure I don't have problems with SD card corruption.
These wallets are quite disk intensive and SD cards are not very fond of it.

Nuno

[szenekonzept]

O.K. after all, time to leave shock position and continue to


STAY RESTLESS





1) Staisybit believe it or not, new backend is here

Sorry to everybody for sleepless nights and endless waiting,
we know, we could have done better.




2) first glimpse about Federated Blockchain + paper out today evening







have fun
watch out
Matthias 


.

[szenekonzept]

Hi Matthias,

Regarding the ROKU testing, I did test it briefly and it was working but it had to many coins which I don't need.

So, I decided to go for a DIY approach and built a RPi3 Raspbian image with the only 3 coins I have (NLG, ERC and SLG) and since I was building something for myself I also added Kodi to be able to use the Raspberry as a Media Center

Also, I did some changes (I dare to call them improvements) comparing to ROKU regarding the setup to try to ensure I don't have problems with SD card corruption.
These wallets are quite disk intensive and SD cards are not very fond of it.

Nuno

sounds like an interesting alternative, please share your version when its ready

have fun
Matthias


.

[CryptoJohn]

hey Matthias,

Can you give a brief definition of what the Federated Blockchain is please?

thanks,
john

[szenekonzept]

hey Matthias,

Can you give a brief definition of what the Federated Blockchain is please?

thanks,
john

yes my draft is about to be published in 1 1/2 hour, you will find everything inside.
Its just being lectured by methamorphin, to get rid of my ever present typos.
I am delighted, you are expressing interest

thank you
Matthias


.

[szenekonzept]

DRAFT FOR A COLLABORATIVE INITIATIVE TO BUILD A
PLUGIN AND CULTURE OF
FEDERATED BLOCKCHAINS AND COMMUNITYS

After weeks of research and collaboration I proudly present my draft
for a plugin based Coin 2.0 servicebus with unified, open, permissionless access for any altcoin or service.
I hope you like it.





DOWNLOAD THE
PAPER
HERE


have fun
Matthias 



.

[nfigueir]

Hi Matthias,

First of all congrats on releasing the paper, for sure it took you many hours to consolidate all the information which you had on your human hard-drive.

By reading it, I got however a bit confused.

On the first part I thought about some "mechanism" that could unify/carry any altcoin blockchain by adding a signature as added value.
   question 1) why only altcoins and not also bitcoin?
   question 2) what would be the usage of the federated chain? Would it be used as a "central bank" which regulates and ensures altcoin blockchains are valid_

In the end, where you have the diagram, I see the federated blockchain as the Service middle layer, which only acts as middle man between altcoins existing services and is supposed to be codeless.

It did not clicked in my mind yet what is the added value of the federated blockchain or which types of services it can provide.


PS: I am not bashing on the paper, I am just trying to understand the concept on its fullness.

Cheers,
Nuno

[cryptonit]

hi nuno

what is the added value of the federated blockchain

do u see cross chain interaction trading and share of services coin A provide towards a user who dont run coin A already?


if a solution can create this enviroment i think thats plenty "added value"

I see the federated blockchain as the Service middle layer, which only acts as middle man between altcoins existing services and is supposed to be codeless

i dont see it codeless
in my vision its blockchainbased solution
which use no own currency but some kind of service tokens u generate easy by just be online as a node for some time

we decided inside the federation
that we not work behind closed door with a bunch of devs and present a solution in 6 months
but that we present a usecase we want to solve and while we have federation brainstormings and solution designs
we can also interact with input from outside present as feedback to the paper

and its possible for each dev or coin community representative to join the federation too

[nfigueir]

hi nuno

what is the added value of the federated blockchain

do u see cross chain interaction trading and share of services coin A provide towards a user who dont run coin A already?


if a solution can create this enviroment i think thats plenty "added value"

I see the federated blockchain as the Service middle layer, which only acts as middle man between altcoins existing services and is supposed to be codeless

i dont see it codeless
in my vision its blockchainbased solution
which use no own currency but some kind of service tokens u generate easy by just be online as a node for some time

we decided inside the federation
that we not work behind closed door with a bunch of devs and present a solution in 6 months
but that we present a usecase we want to solve and while we have federation brainstormings and solution designs
we can also interact with input from outside present as feedback to the paper

and its possible for each dev or coin community representative to join the federation too

Ok, so if I understand, the idea is to have something like what for example Nocks team has with Gulden/BTC/FIAT but which is agnostic of the altcoin in use and actually does not charge a fee for being used.

Lets imagine I want to use ERC to pay for a Steam game which would have to be paid using BTC, the federated blockchain would allow me to do that. Is this the idea?

If yes, how would the rating between altcoin A and altcoin B be made?

I guess Exchanges would really hate to see something like this appear.. as they would be of no further use as I see it.

[szenekonzept]

Hi Matthias,

First of all congrats on releasing the paper, for sure it took you many hours to consolidate all the information which you had on your human hard-drive.

By reading it, I got however a bit confused.

On the first part I thought about some "mechanism" that could unify/carry any altcoin blockchain by adding a signature as added value.
   question 1) why only altcoins and not also bitcoin?
   question 2) what would be the usage of the federated chain? Would it be used as a "central bank" which regulates and ensures altcoin blockchains are valid_

In the end, where you have the diagram, I see the federated blockchain as the Service middle layer, which only acts as middle man between altcoins existing services and is supposed to be codeless.

It did not clicked in my mind yet what is the added value of the federated blockchain or which types of services it can provide.


PS: I am not bashing on the paper, I am just trying to understand the concept on its fullness.

Cheers,
Nuno

just wasn't able to sleep so i am here once more

Yes its a bit confusing on the first read, try to read the "non-technical" parts very slow first, they are the key to understand the difference
of why this approach is unique and provides value. On the first view it looks as it doesn't add anything else but an ethereum like layer.
That Idea is not completely wrong except two significant details, first is, that does this this job for ANY Coin in a unified manner at the same time in one big network.
And it does it via a plugin that doesn't require users of any altcoin, to depend on their coin being added to the network.
They can just decide to plug into our ecosystem on their own, without any help or interaction, total user-control, absolutely permisssionless.
And second difference is that coins and and apps and services are not different layers or entities any more. You can connect coins to services, coins to coins or add
already existing services, that are existing on other coins blockchains or networks to our servicelayer in one unified manner.
Coins are services in the same way as apps are services, like in HTML5: EVERYTHING IS AN APP!
That's the key.

I hope this helps and no your questions are welcome
i am delighted to see your interest
have fun
Matthias

P.S. Ah i forgot to say: of course Bitcoin to ... its all the same then

Edit: and yes you are right: exchanges will hate it, lol


.

.

[cryptonit]

Lets imagine I want to use ERC to pay for a Steam game which would have to be paid using BTC, the federated blockchain would allow me to do that. Is this the idea?

If yes, how would the rating between altcoin A and altcoin B be made?

I guess Exchanges would really hate to see something like this appear.. as they would be of no further use as I see it.

if one of the coins or even a otherwise attached service provider
deliver a shapeshift like ability then the servicebus can give u access to it

on BTC chain side is no service called pay steam that u can trigger with their api
and so we cant share this service

what u describe is a normal payment towards someone who just accept BTC

the idea of FBI is to create a link between services

to convert coin A to pay someone who wants coin B is a service

if we can give access to such ability that deepens if a coin or service provider did set up such a service


the aim of FBI at first is provide ability to cross chain communication (access to api) between coins
and service providers
and this for free (the comunication)

what u can then do with it and what services will be available and if they request some fees

that is just limited by the creativity of service creators

[szenekonzept]

hi nuno

what is the added value of the federated blockchain

do u see cross chain interaction trading and share of services coin A provide towards a user who dont run coin A already?


if a solution can create this enviroment i think thats plenty "added value"

I see the federated blockchain as the Service middle layer, which only acts as middle man between altcoins existing services and is supposed to be codeless

i dont see it codeless
in my vision its blockchainbased solution
which use no own currency but some kind of service tokens u generate easy by just be online as a node for some time

we decided inside the federation
that we not work behind closed door with a bunch of devs and present a solution in 6 months
but that we present a usecase we want to solve and while we have federation brainstormings and solution designs
we can also interact with input from outside present as feedback to the paper

and its possible for each dev or coin community representative to join the federation too

Ok, so if I understand, the idea is to have something like what for example Nocks team has with Gulden/BTC/FIAT but which is agnostic of the altcoin in use and actually does not charge a fee for being used.

Lets imagine I want to use ERC to pay for a Steam game which would have to be paid using BTC, the federated blockchain would allow me to do that. Is this the idea?

If yes, how would the rating between altcoin A and altcoin B be made?

I guess Exchanges would really hate to see something like this appear.. as they would be of no further use as I see it.

i see you are  coming closer, our post crossed, i wrote some words about your questions (see two post before)

Matthias

[nfigueir]

thank you both for the answers... I will digest them a through the night to connect all the dots in my mind.

[Woody20285]

Matt - Your summary above was clear and brought
         the whole concept down to my level. (Light bulb
         turns on). Now the paper will be an easier read.

Thank you!

[szenekonzept]

Matt - Your summary above was clear and brought
         the whole concept down to my level. (Light bulb
         turns on). Now the paper will be an easier read.

Thank you!

thak you maybe i should make an update tomorrow and put it into the paper right?

thanks for that inspiration
Matthias


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