Wallet won't sync - Why your wallet is not syncing and how ...

A tour of the Gridcoin wallet

Hey guys, I thought I would put together an in-depth tour of the Gridcoin wallet software for all of our recent newcomers. Here I'll be outlining all the features and functions the windows GUI wallet has to offer, along with some basic RPC command usage. I'll be using the windows wallet as an example, but both linux and macOS should be rather similar. I'll be including as many pictures as I can as embedded hyperlinks.
Edit: Note that since I originally made this there has been a UI update, so your client will be different colors but all the button locations are in the same place.
This is my first post like this, so please forgive me if this appears a little scatter-brained.
This will not cover the mining setup process for pool or solo miners.
When you launch the wallet software for the first time you should be greeted with this screen.


After that prompt, you should be left sitting on the main overview tab with several fields on it.
From top to bottom:


Now onto the other tabs on the left side. Currently we're on the Overview tab, lets move down to the Send tab. This tab it pretty self-explanatory, you use it if you want to send coins, but I'll go over the fields here:
  • Pay To: Enter a valid gridcoin address to send coins too. Gridcoin addresses always start with an S or and R.
  • Label: Enter a label here and it will put that address in your "address book" under that label for later use. You can leave it blank if you don't want it in your address book.
  • Message: Enter a message here if you want it attached to your transaction.
  • Amount: How many coins you want to send.
  • Add Attachment: Leave this alone, it is broken.
  • Track Coins: This doesn't do anything.


Now down to the Receive tab. Here you should have a single address listed. If you double click on the label field, you can edit it's label.
  • New: Generate a new address.
If you click on an address, the rest of the options should be clickable.
  • Copy: Copy the selected address to your clipboard.
  • Show QR Code: Show a scan-able QR code for the selected address.
  • Sign Message: Cryptographically sign a message using the selected address.


The Transactions tab is pretty boring considering we have no transactions yet. But as you can see there are some sorting tools at the top for when you do have transactions listed.


The Address Book is where all the addresses you've labeled (that aren't yours) will show up.
  • Verify Message: Verifies a message was signed by the selected address.
The rest of the functions are similar to the functions on the Receive tab.


Onto the Voting tab. There wont be any polls because we aren't in sync yet.
  • Reload Polls: Pretty self-explanatory, I've never had to use this.
  • Load History: By default, the wallet will only display active polls. If you want to view past polls you can use this.
  • Create Poll: You can create a network-wide poll. You must have 100,000 coins as a requirement to make a poll. (Creating a poll does not consume the coins)
Here's what the Voting tab will look like once you're in sync


Now onto the context bar menus on the top.
Under File you have:
  • Backup Wallet/Config: This lets you backup your wallet configuration file just in case.
  • Export: You can export your Transactions tab or Address Book in CSV format.
  • Sign message: Does the same thing as on the Receive tab.
  • Verify message: Does the same thing as on the Address Book tab.
  • Exit: Close the wallet.
Under Settings you have:
  • Encrypt Wallet: Encrypts your wallet with a password. (we'll come back to this)
  • Change Passphrase: Allows you to change your encryption password.
  • Options: Opens the options menu. (We'll come back to this)
Under Community you have:
Under Advanced you have:
  • Advanced Configuration: Opens the Advanced Configuration menu. (Not so advanced if you ask me)
  • Neural Network: Allows you to view solo miners project statistics. It will be largely blank if you're not in sync yet.
  • FAQ: Don't touch this, It is broken.
  • Foundation: Don't touch this, It is broken.
  • Rebuild Block Chain: Starts the client syncing from 0. Don't worry, using this will not make you lose coins.
  • Download Blocks: Downloads the latest official snapshot, can help speed up syncing. The download progress tends to sit at 99.99% for a long time, don't worry, it's working.
Under Help you have:
  • Debug window: Opens the debug window. (We'll come back to this)
  • Diagnostics: Don't touch this, it is broken. This has since been fixed. You can use this to see if there is anything wrong with your setup.
  • About Gridcoin: Opens the About Dialog. This gives you your client version and other information.


Now back to the options menu under Settings > Options.
Here we have the options menu main tab:
  • Pay transaction fee: The transaction fee that will be automatically paid when you make a transaction.
  • Reserve: You can reserve an amount so that it will always be available for spending.
  • Start Gridcoin on system login: Pretty self-explanatory
  • Detach databases at shutdown: Speeds up shutdown, but causes your blockchain file to no longer be portable.
On the Network tab:
  • Map port using UPnP: Attempts to connect to nodes through UPnP.
  • Connect through SOCKS proxy: Allows you to connect through a proxy.
The window tab is pretty self-explanatory.
The Display tab is also pretty self-explanatory, with the exception of:
  • Display coin control features (experts only!): This allows you to have a great deal of control over the coins in your wallet, check this for now and I'll explain how to use it further down. Don't forget to click "Apply".


Now that all of that is out of the way. The first thing you'll want to do is encrypt your wallet. This prevents anybody with access to your computer from sending coins. This is something I would recommend everyone do.
Go to Settings > Encrypt Wallet and create a password. YOU CANNOT RECOVER YOUR COINS IF YOU FORGET YOUR PASSWORD.
Your wallet will close and you will have to start it up again. This time when it opens up, you should have a new button in the bottom left. Now if you want to stake you will have to unlock your wallet. Notice the "For staking only" box that is checked by default. If you want to send a beacon for solo mining or vote, you will need to uncheck this box.


Before we continue, Let's wait until we're in sync. Depending on your internet speeds, this could take from several hours to over a day or 2. This can be sped up by using Advanced > Download Blocks, but this can still take several hours.
This is what an in-sync client should look like. Notice the green check to the right of the Receive tab. All of these icons give you information when you hover your mouse over them.
The lock
The arrow tells you if you're staking. If you aren't staking, it will tell you why you're not staking. If you are staking it will give you an estimated staking time. Staking is a very random process and this is only an estimate, not a countdown.
The connection bars tell you how many connections to the network you have.
The check tells you if you're in sync.


Now I've said "stake" about a million times so far and haven't explained it. Gridcoin is a Proof of Stake (PoS) coin.
Unlike bitcoins Proof of Work (PoW), PoS uses little system resources, so you can use those resources for scientific work. PoS works by users "Staking" with their balance. The higher the balance, the higher the chance to create, or "stake" a block. This means you need to have a positive balance in order to stake. Theoretically, you can stake with any amount over 0.0125 coins, but in practice it's recommended to have at least 2000 coins to reliably stake.
Staking is important for solo miners, because they get paid when they stake. Pool miners don't need to stake in order to get paid however. So if you want to solo mine, you'll need to buy some coins from an exchange or start in the pool first and move to solo when you have enough coins.
In addition to Research Rewards for miners, anyone who holds coins (solo miners, pool miners, and investors) gets 1.5% interest annually on top of your coins. So it can be beneficial for pool miners to stake as well.
Here is a snippet of what a research rewards transaction looks like from my personal wallet. I have a label on that address of "Payout address" as you can see here.


At this point you'll need some coins. You can use one of our faucets like this one or this one to test coin control out.
First let me explain what a UTXO is. UTXO stands for Unspent Transaction Output. Say you have an address with 0 coins in it, and someone sends you 10 coins like I've done here. Those 10 coins are added to that address in the form of a UTXO, so we have an address with one 10 coin UTXO in it.
Now we receive another 5 coins at the same address, like so. Now we have an address with one 10 coin UTXO and one 5 coin UTXO. But how do we view how our addresses are split up into different UTXOs?
Earlier we checked the "Display coin control features" box in Settings > Options > Display. Once that's checked you'll notice there's another section in the Send tab labeled "Coin Control Features". If you click the "Inputs" button, you'll get a new window. And look, there's our 2 UTXOs.
All UTXOs try to stake separately from each other, and remember that the chance a UTXO has to stake is proportional to it's size. So in this situation, my 10 coin UTXO has twice the chance to stake as my 5 coin UTXO. Now wallets, especially ones that make a lot of transactions, can get very fragmented over time. I've fragmented my wallet a little so I can show you what I'm talking about.
How do we clean this up? We can consolidate all this into one UTXO by checking all the boxes on the left and selecting OK.
Now pay attention to the fields on the top:
  • Quantity: The total amount of UTXOs we have selected.
  • Amount: The total amount of coins we have selected.
  • Fee: How much it would cost in fees to send all those UTXOs (more UTXOs = more transaction data = more fees)
  • After Fee: Amount - Fees.
  • Bytes: How large the transaction is in bytes.
  • Priority: How your client would prioritize making a transaction with this specific set of UTXOs selected had you not used coin control.
  • Low Output: If your transaction is less than 0.01 coins (I think).
  • Change: What you will get back in change.
  • custom change address: You can set the address you get your change back at, by default it will generate a new address.
So let's fill out our transaction so we end up with 1 UTXO at the end.
In "Pay To:" Just put any address in your wallet, and for the amount put what it has listed in the "After Fee" Field. Just like this.
Notice how we get no change back.
Now click "Send", we'll be prompted to enter our passphrase and we're asked if we want to pay the fee, go ahead and click "Yes".
Now if we go back to the Overview tab we get this funky icon. If you hover your mouse over it, it says "Payment to yourself", and the -0.0002 GRC is the network transaction fee.
(Ignore the first one, that was me fragmenting my wallet)
Now if we look at the Coin Control menu, we can see that we've slimmed our wallet down from 7 UTXOs to 1.
Now why would you want to use coin control?
2 Situations:
  1. UTXOs less than 0.0125 coins cannot stake. So you can combine a lot of tiny, useless UTXOs into 1 bigger one that can stake.
  2. After a UTXO stakes, it cannot stake for another 16 hours. So if you have 1 large UTXO that is big enough to stake more than once every 16 hours, you can split it into smaller UTXOs which can allow you to stake slightly more often.
  3. By default, the wallet will always generate a new address for change, which can make your wallet get very messy if you're sending lots of transactions. Keep in mind that more UTXOs = larger transactions = more fees.
Sidenote - When you stake, you will earn all research rewards owed reguardless of which UTXO staked. However, you'll earn the 1.5% interest for that UTXO. Not your whole wallet.


A fork is when the network splits into multiple chains, with part of the network on each chain. A fork can happen when 2 blocks are staked by different clients at the same time or very close to the same time, or when your client rejects a block that should have been accepted due to a bug in the code or through some other unique circumstance.
How do I know if I'm on a fork?
Generally you can spot a fork by looking at the difficulty on your Overview tab. With current network conditions, if your difficulty is below 0.1, then you're probably on a fork.
You can confirm this by comparing your blockhash with someone elses, like a block explorer.
Go to [Help > Debug Window > Console]. This is the RPC console, we can use to do a lot of things. You can type help to get a list of commands, and you can type help [command you need help with] (without the brackets) to get information on a command. We'll be using the getblockhash [block number] command.
Type getblockhash [block number] in the console, but replace [block number] with the number listed next to the "Blocks:" field on the Overview tab.
This will spit out a crazy string of characters, this is the "blockhash" of that block.
Now head over to your favorite block explorer, I'll be using gridcoinstats. Find the block that you have the hash for, use the search bar or just find it in the list of blocks.
Now compare your hash with the one gridcoinstats gives you. Does it match?
If it matches, then you're probably good to go. If it matches but you still think you're on a fork, then you can try other block explorers, such as gridcoin.network or neuralminer.io.
If it doesn't match, then you need to try to get off that fork.
How do I get off a fork?
  1. Just wait for an hour or two. 95% of the time your client is able to recover itself from a fork given a little time.
  2. Restart the client, wait a few minutes to see if it fixes itself. If it doesn't restart again and wait. Repeat about 4 or 5 times.
  3. Find where the fork started. Using the getblockhash command, go back some blocks and compare hashes with that on a block explorer so you can narrow down what the last block you and the block explorer had in common. Then use reorganize [the last block hash you had in common]. Note that reorganize takes a blockhash, not a block number.
  4. Use Advanced > Download Blocks.
  5. If none of this works, you can take a look at social media (reddit/steemit) and see what other people are saying.


Your configuration file depends on your operation system:
  • On Windows: %appdata%\GridcoinResearch\
  • On Linux: ~/.GridcoinResearch/
  • On MacOS: /Users/USERNAME/Library/Application/Support/GridcoinResearch/
And it should look like this.
If you open up your gridcoinresearch.conf, you'll see the default one it generated. Note that if you entered your email earlier, the first line will have your email on it instead of "investor". If you decided you want to solo mine but didn't enter your email when you first started the wallet, go ahead and put your email on the first line in place of "investor". If you're a pool miner, just leave it as "investor".
Next, it's recommended that you use the addnodes on the gridcoin wiki. So our gridcoinresearch.conf will look like this.
A useful line for solo miners is PrimaryCPID=[YOUR CPID]. Sometimes your wallet can pick up on the wrong CPID so it's good to have that in there if you're solo mining.


A listening node is a node that listens for blocks and transactions broadcasted from nodes and forwards them on to other nodes. For example, during the syncing process when you're getting your node running for the first time, you're downloading all the blocks from listening nodes. So running a listening node helps support the network.
Running a gridcoin listening node is simple. All you need to do is add listen=1 to your gridcoinresearch.conf and you need to forward port 32749 on your router.
If you don't know how to port forward, I'd suggest googling "How to port forward [your router manufacturer]".


Gridcoin.us Official Website
Gridcoin.science Unofficial Website
Gridcoinstats.eu Block Explorer
NeuralMiner.io Block Explorer
Gridcoinstats.eu Faucet
Gridcoin.ch Faucet
Gridcoin Wiki
Gridcoin Github
Arikado Pool
And that's all I have for now!
I plan to keep this post up-to-date with changes in the client. So if anyone has any suggestions, have clarifications they want made, or maybe I got something wrong, then please feel free to leave a comment below or PM me!
submitted by Personthingman2 to gridcoin [link] [comments]

Ravencoin Open Developer Meeting - 2/15/2019

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:02 PM
Hello everybody!

theking - Last Friday at 2:02 PM

Seems likes it’s been so long since this meeting was held. At least a month 📷

Tron - Last Friday at 2:02 PM

Hi all!!!

Tom - Last Friday at 2:02 PM

Big boss is here !(edited)

BigZim - Last Friday at 2:03 PM

Oh hi

theking - Last Friday at 2:04 PM

Hi @Tron

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:04 PM

Topics for today: Release 2.2.2, Mobile Wallet, Restricted Assets, SLC Raven Meetup📷1

truedev - Last Friday at 2:05 PM


RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:05 PM

Release 2.2.2 GO

J. | ravenland.org - Last Friday at 2:05 PM


RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:05 PM

BTW, blondfrogs won't be able to join us today. 📷

corby - Last Friday at 2:05 PM

Hi all

Chatturga - Last Friday at 2:05 PM

Blondefrogs has been working on the 2.2.2 update. He isnt here today, but he left this tidbit for the meeting:(edited)"Release 2.2.2 has a bunch of new updates. The sync speed fix that was released in 2.2.1 has been updated even more to use less memory/ram and uses less CPU. Each node used to hold all addresses that contained an asset as well as the amount in those addresses. That is now optional with the -assetindex flag. Which can be put into the raven.conf or added as a parameter when starting the wallet. Some other wallet issues were also fixed with this memory update. This is considered an mandatory update, especially if you haven't updated to 2.2.1 which resolved a potential fork bug fix. I would still suggest updating to 2.2.2 even if you are on 2.2.1."📷6

Jeroz - Last Friday at 2:07 PM

wen source?📷1

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:07 PM

There's a PR that was just moved to Develop.When is now

Jeroz - Last Friday at 2:08 PM

great 📷

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:08 PM

It'll be merged by the devs to master and then binaries should be posted soon

truedev - Last Friday at 2:09 PM

any idea when dividends will be functional?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:09 PM

A bunch of testing has been happening and is currently running on the seed-nodes.

Tron - Last Friday at 2:10 PM

No timeline for dividends, but it is the one function that doesn't need any changes to consensus. And it can be done on tier 2 with a python script. The plan is still to build in a rpc call.📷2

truedev - Last Friday at 2:11 PM


SpyderDev - Last Friday at 2:12 PM

We have been focusing on sync performance and have been running many tests. I've added an image of the results of this testing. Currently we still want to work on getting the Windows QT sync times faster (at least closer to what they are using just ravend). Overall we are very happy with the speeds and hope it will help people that have struggled getting their nodes up to date.(edited)📷

Jeroz - Last Friday at 2:13 PM

Yeah that table completely puzzled me

[Master] Roshii - Last Friday at 2:13 PM


Jeroz - Last Friday at 2:13 PM

Fast branch is 2.2.1? or 2.2.2? Develop branch is 2.2.0?

SpyderDev - Last Friday at 2:15 PM

Sorry, should have clarified that. I was testing while it was still under development. On the table the top is the new-sync code, the bottom is the old "assets" release. As of about 5 minutes ago all of this code is on the develop branch.

Jeroz - Last Friday at 2:15 PM

Although syncing is mostly bottlenecked by cpu speed, that 16 core windows-qt still looks off to me. I synced windows Qt using 2.2.2 in ~2h on a i5-7600K.ok

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:17 PM

Okay, we good to move to the Mobile update?

SpyderDev - Last Friday at 2:17 PM

The Windows box is an AWS instance and there is some concern that the remote desktop could be slowing the QT UI down causing the horrible sync times. I am working on getting a local Windows 10 resource and will have updated information once that is ready (early next week).

Jeroz - Last Friday at 2:18 PM

ah that might explain. Ubuntu qt was 45 mins for me

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:18 PM

CoolOkay, Mobile!Go!

[Master] Roshii - Last Friday at 2:18 PM


RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:19 PM

@[Master] Roshii has been working closely with some of the other devs to get the iOS version out the door.Android will follow closely.

Jeroz - Last Friday at 2:20 PM

is android an easy port?

J. | ravenland.org - Last Friday at 2:20 PM

Usually its the case(?), i mean easier 📷(edited)

SpyderDev - Last Friday at 2:20 PM

Just copy and paste right Roshii 📷

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:20 PM

LOLNo, usually its a completely new development effort.For the RVN Wallets they are both written in native iOS/Android code.

[Master] Roshii - Last Friday at 2:21 PM

So the iOS and Android use the same Core SPV module written in C, and it's the most difficult part.I have already did some work when it comes to Android, and it's 70% finishedHave also to port all the changes we lately did to the iOS wallet ...

boatsandhoes - Last Friday at 2:21 PM

yeah, unfortunately its not as easy as cut and paste for ios to android

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:21 PM

Anybody interested in installing the TestFlight version and helping us test?

boatsandhoes - Last Friday at 2:22 PM


J. | ravenland.org - Last Friday at 2:22 PM

For android? sure.

BW__ - Last Friday at 2:22 PM

Android? yes.(edited)

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:22 PM

I'll talk to Apple about adding Android support to TestFlight.Might be a while.

J. | ravenland.org - Last Friday at 2:22 PM


RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:22 PM

Anybody on here using iOS?

Jeroz - Last Friday at 2:22 PM

Yeh me

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:22 PM

besides me...

[Master] Roshii - Last Friday at 2:23 PM

Android is very close, fortunately I'll have enough coffee in Morocco to finish the wallet in two weeks.(edited)📷4📷5

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:23 PM

https://testflight.apple.com/join/NTVQ2FfY (400 installs available)Join the RVN Wallet betaAvailable on iOS📷

theking - Last Friday at 2:23 PM

I will test iOS if needed

[Master] Roshii - Last Friday at 2:23 PM


RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:24 PM

Some of the devs have been doing a bunch of testing on iOS but we would love others to help.Bugs can be reported on GitHubhttps://github.com/RavenProject/ravenwallet-iosGitHubRavenProject/ravenwallet-iosContribute to RavenProject/ravenwallet-ios development by creating an account on GitHub.📷

truedev - Last Friday at 2:25 PM

how confident are you that apple will allow it on the appstore

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:25 PM

It's already in the App store.

truedev - Last Friday at 2:25 PM


RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:25 PM

That wasn't easy though.

truedev - Last Friday at 2:26 PM

yah figured, a lot of coins have been completely rejected(edited)

Chatturga - Last Friday at 2:26 PM

The devs already jumped through Apples 152,315 flaming hoops to get it in there.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:26 PM

Yup, many meetings and phone calls.

J. | ravenland.org - Last Friday at 2:26 PM

wen rvn modular phone

Jeroz - Last Friday at 2:27 PM

Looking good📷📷7

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:28 PM

Okay, any questions about iOS release?

jaysonb - Last Friday at 2:28 PM

seed word format changed? i seem to have to have same words. did i need to delete and install fresh?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:29 PM

No, it used your old ones.Always have your 12 words. especially when testing.

ravencoin maximalist 🧘🏻♂ - Last Friday at 2:30 PM

I’ve got iOS

Tron - Last Friday at 2:30 PM

If you use your 12-words, and then sync, and you're missing funds. Go here: https://medium.com/@tronblack/ravencoin-testing-ios-wallet-b713deb2c800MediumRavencoin — Testing iOS Wallet – Tron Black – MediumThank you for helping us test the Ravencoin iOS mobile wallet. Since you are in an early group of testers, you might have used the…

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:30 PM

Sweet, install and report bugs.

Tron - Last Friday at 2:30 PM

Or just go there...

jaysonb - Last Friday at 2:30 PM

that article scared me so i moved everything off.but i'll put some back on now

ravencoin maximalist 🧘🏻♂ - Last Friday at 2:31 PM


RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:31 PM

That's unfortunate. You don't need to be scared ever if you have your 12 words.

[Master] Roshii - Last Friday at 2:31 PM

android current state(edited)📷

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:32 PM

Here's the install link one more time for those that have joined late: https://testflight.apple.com/join/NTVQ2FfYJoin the RVN Wallet betaAvailable on iOS📷Okay, Tron's topic: Restricted Tokens

Tron - Last Friday at 2:33 PM

I have an idea.(edited)📷7📷6

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:34 PM

That several other devs have helped with. 📷

Tron - Last Friday at 2:34 PM


SpyderDev - Last Friday at 2:34 PM

and lawyers

Tron - Last Friday at 2:34 PM

When the project started, ICOs were the big thing. Now it is STOsThe main difference is the legal wrapping and rules around securities.If Ravencoin has two more token types (Tags and Restricted Assets), there are lots of ways to make compliant tokens.Importantly, it doesn't affect the existing tokens at all.Tags - Tokens that can be sent only by the issuer once (with metadata).These tokens start with (hashtag)(edited)📷8

SpyderDev - Last Friday at 2:37 PM


Tron - Last Friday at 2:37 PM

The Restricted Assets start with $, and can be frozen by the issuer. But they only move between tagged addresses.(edited)

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:38 PM

Tags can be sent to a user's address after the issuer has done the necessary due diligence for an STO issuance.(edited)

Tron - Last Friday at 2:38 PM

The issuer determines which tags the Restricted Asset will honor.This can be used for lots of different use cases.

EEE - Last Friday at 2:38 PM

Stunning interface guys

boatsandhoes - Last Friday at 2:39 PM

will that determination be a setting in the wallet?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:39 PM

Restricted assets can then only be sent to addresses that are allowed and have the proper Tags.

boatsandhoes - Last Friday at 2:39 PM


J. | ravenland.org - Last Friday at 2:39 PM

Did you guys get contacted by some entity* whos forcing the restricted address policy? or is this done as precautionary measure? At first glance your idea sounds good Tron.(edited)

Tron - Last Friday at 2:39 PM

Example: $UBER token only moves among addresses tagged with #KYC

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:40 PM

So Ravenland will have to buy a bunch more spam tokens.📷4

SpyderDev - Last Friday at 2:40 PM


boatsandhoes - Last Friday at 2:40 PM

so is the $ something that can be added to an existing asset?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:40 PM

It's not a forced thing. But adding the ability for Raven to be used in new use cases where legal requirements exist.

Tron - Last Friday at 2:40 PM

Not contacted by anyone, and not precautionary. Ravencoin Assets are just tools. This is just another tool that will help issuers of security tokens.📷9📷4

BW__ - Last Friday at 2:41 PM

Love it.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:41 PM

It'll be a new token type that you can create @boatsandhoes📷1

ravencoin maximalist 🧘🏻♂ - Last Friday at 2:41 PM

That sounds awesome

SpyderDev - Last Friday at 2:41 PM

I for one am very excited about this...📷4

Hans_Schmidt - Last Friday at 2:41 PM

How does the $ token owner specify the required # tags?

DeejayQQ - Last Friday at 2:41 PM

Can the same name have different token type?Sorry need time to digest

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:42 PM

Still working out the details. Tron will be posting additional info about the idea soon.

Steelers - Last Friday at 2:42 PM


RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:42 PM

Feedback is wanted!

Tron - Last Friday at 2:42 PM

Q: Was this originally the plan for Ravencoin? A: No. This is in response to the regulatory ramp up in 2018 in some jurisdictions which requires that only known individuals or entities to operate peer-to-peer on certain tokens. For jurisdictions that allow unrestricted peer-to-peer transfer, we strongly encourage use of the original Ravencoin assets. The Restricted Assets are an adaptation to satisfy burdensome, privacy-destroying regulations, with a goal of reducing information replication which makes Ravencoin Restricted Assets a better alternative to those being promoted now.

jaysonb - Last Friday at 2:43 PM

all nodes will validate the transactions not just those interested in the transaction - i assume all will validate..

boatsandhoes - Last Friday at 2:43 PM

so essentially any name already secured in the hopes of having that functionality are worth less because they wont be able to?

theking - Last Friday at 2:44 PM

Can the restricted assets be time based in any way? For instance, in some STO regulated environment, there is a lockup for some period of time after issuance, but then after a certain period of time the restriction goes away and the securities can be traded. Is that contemplated at all?

DeejayQQ - Last Friday at 2:44 PM

If I already have Tron as my asset, there could be another Tron but under a different token type such as restricted assets?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:44 PM

Yes all nodes will do consensus checks.

corby - Last Friday at 2:44 PM

@boatsandhoes there's going to be a grace period where you can purchase $XXX if you own XXXon the order of months

boatsandhoes - Last Friday at 2:45 PM

📷 📷 📷 📷

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:45 PM

Yes, you have the TRON asset and you can also have the $TRON asset.(edited)

Tron - Last Friday at 2:45 PM

Regarding the lockup....

boatsandhoes - Last Friday at 2:45 PM

how many RVN for that?

Tron - Last Friday at 2:45 PM

Rule 144 under the Securities Act of 1933 This is an important rule to be aware of in terms of privately held securities. This rule provides the most commonly used exemption for holders to sell restricted securities (Note: For context, a restricted security is a security sold in an exempt offering, except for Reg A+). The general idea is that you can publicly resell your “restricted” (privately sold) securities only when the restricted legend is removed. The solution Ravencoin Restricted Assets provides is the ability for the Iissuer to Freeze the asset ininto the holders account. The qty will be visible, and the frozen status will be visible. The meta-data for a Freeze can specify 144_Restricted. The issuer can Unfreeze to release the 144 restriction.Similar for Reg D 1-year lockup.@theking

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:46 PM

@theking ^^

DeejayQQ - Last Friday at 2:46 PM

What is the timeline for this restricted asset to be implemented?📷1

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:46 PM

No timelines yetStill in the ideation phase.

SpyderDev - Last Friday at 2:46 PM

Fresh off the press...

DeejayQQ - Last Friday at 2:46 PM

Ok, idea for nowGot it

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:46 PM

Wanting input for the idea.

boatsandhoes - Last Friday at 2:47 PM

a preset for lock up settings would be nice

Jeroz - Last Friday at 2:47 PM

What about the ability to move an asset from restricted to unrestricted after grace period similar to the reissue ability? By the issuer(edited)

boatsandhoes - Last Friday at 2:47 PM

adjustable preset*

DeejayQQ - Last Friday at 2:48 PM

If this restricted assets would help underlying token listed on exchanges for trading by satisfying the legal requirements, I don’t see why not. There are only benefits📷2

boatsandhoes - Last Friday at 2:48 PM

yeah, win win

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:48 PM

There is something similar in vote tokens.

corby - Last Friday at 2:48 PM

@Jeroz the issuer would be able to "reissue" and relax restrictions

DeejayQQ - Last Friday at 2:48 PM

Just throwing things out here. Can we just make all existing tokens crested so far restricted assets?*created

boatsandhoes - Last Friday at 2:49 PM

stupid question, is it possible to have burned rvn cost for the $ to add onto the block reward as a bonus?(edited)

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:49 PM

No, @DeejayQQ there should be both usecases available in the platform.

corby - Last Friday at 2:49 PM

We (my dog and I) are envisioning a differentiated space where we can charge a lot more RVN to keep non-serious people out..(edited)

Tron - Last Friday at 2:49 PM

@Jeroz Yes, as long as the asset is still "reissuable", you could change the logic from (#KYC & #ACCREDITED) to just #KYC📷3

Jeroz - Last Friday at 2:49 PM

I'm just worrying about the name uniqueness if you can have #BANANA and $BANANA

BW__ - Last Friday at 2:50 PM

Is it fair to assume that tags can be standardized for specific purposes? If so, should we create something akin to an 'ERC' in git repo?

Jeroz - Last Friday at 2:50 PM

@Tron sounds cool

truedev - Last Friday at 2:50 PM

honestly, I think you should be able to buy/create an asset in a set, with all types(edited)

boatsandhoes - Last Friday at 2:50 PM

^that part

Hans_Schmidt - Last Friday at 2:51 PM

Since the #KYC tag is just locked to an address, what prevents someone from selling their address and thereby the KYC?

corby - Last Friday at 2:51 PM

The "#" types won't trade -- they're just stamps to stamp addresses as qualified-to-hold-some-stuff..

Tron - Last Friday at 2:51 PM

The tags are created by the users. The system is still jurisidiction agnostic.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:51 PM

@Hans_Schmidt nothing really, the same thing as selling your username password to any other existing financial app account.

corby - Last Friday at 2:51 PM

@Hans_Schmidt Real world networks, high cost of entry (for serious applications)For non-serious applications, nothing

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:51 PM

You still have the liability associated with that account though.

Jeroz - Last Friday at 2:52 PM

@corby what about BANANA/ vs $BANANA/ ?Or do you want to make them subassets?

boatsandhoes - Last Friday at 2:52 PM

@Jeroz better safe than sorry, just swoop both

Tron - Last Friday at 2:52 PM

A country could require that #SOMECOUNTRY tag has to exist before moving $SPECIALASSET to an address. The users set the rules. #KYC was just an example because it is an industry problem at the moment.

corby - Last Friday at 2:52 PM

#BANANA, $BANANA, TRICYCLE, and BANANA can all coexist just fine I think..

theking - Last Friday at 2:53 PM

Thanks @Tron. This is great and I think something that will enable raven to become an even more widely used platform.📷4

Tron - Last Friday at 2:53 PM

That's the hope. I think it solves some real problems that the industry is trying to solve through incompatible ERC-20 experiments.📷3

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:54 PM


boatsandhoes - Last Friday at 2:54 PM

what is the purposed cost for $ in addition to an existing asset?

corby - Last Friday at 2:54 PM

People that own #THESE I am calling "Qualifiers" -- they just stamp their mark on addresses. Issuers of $THESE need to establish trust with #THESE and #THOSE and then decide what restrictions to apply.📷1

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:54 PM

5 mins left. Stay on this topic or switch to meetup?

Tron - Last Friday at 2:55 PM

@boatsandhoes Not determined.

Jeroz - Last Friday at 2:55 PM

yeah the idea is a nice proof of ownership / membership

DeejayQQ - Last Friday at 2:55 PM


Chatturga - Last Friday at 2:55 PM

TL;DR - The SLC meetup is in 1 month. Go to https://www.meetup.com/Salt-Lake-City-salt-lake-city-Meetup/ to indicate if you plan on attending so that we have a somewhat accurate headcount.MeetupSalt Lake City Ravencoin (Salt Lake City, UT)Ravencoin is a blockchain and platform optimized for transferring assets, such as tokens, from one holder to another, and is built on a fork of the Bitcoin code. It is intended to prioritize security,📷

corby - Last Friday at 2:55 PM

@boatsandhoes One Million Raven

Chatturga - Last Friday at 2:55 PM

Punch and pie

J. | ravenland.org - Last Friday at 2:56 PM

Can the SLC meetup made interactive for people that cant make it there?

theking - Last Friday at 2:56 PM

What about having just one name ( you first buy the standard raven token under whatever name you like) and then the holder of the owner token is the only one to create restricted tokens ? Might be some way to ensure no name confusion.📷4

boatsandhoes - Last Friday at 2:56 PM

what about that block reward bonus concept for purchasing $. would that work?

Chatturga - Last Friday at 2:56 PM

I dont know that we have the ability to make it interactive as far as Q&A goes, but I'll look into it. We should have it live streaming. @J. | ravenland.org(edited)📷2

BW__ - Last Friday at 2:56 PM

@Tron Is there same kind of logic layer to restricted assets?(edited)

Tron - Last Friday at 2:57 PM

@theking I like that idea.

Jeroz - Last Friday at 2:57 PM

Quick question that is offtopic but I think deserves an answer because it was asked a couple of times earlier this week: Will unique assets get a reissuable function? To change IPFS.(edited)📷2

Tron - Last Friday at 2:57 PM

@BW__ Yes. Simple and, or, not and parenthesis - limited in length.(edited)

boatsandhoes - Last Friday at 2:57 PM

@theking thats a good idea

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:58 PM

@Jeroz There is not a way to do that currently.

BW__ - Last Friday at 2:58 PM

@Tron That makes sense. Thank you.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:58 PM

Just make sure your changes to the information have the same hash as the previous data and your golden. 📷📷1

Jeroz - Last Friday at 2:59 PM

Any plans on changing that, perhaps when introducing new types of assets?

boatsandhoes - Last Friday at 2:59 PM

i like that it cant be changed

corby - Last Friday at 3:00 PM

Thanks everyone!

theking - Last Friday at 3:00 PM

@Tron there was some info floating around about a 2nd later KYC solution ( from your recent podcast w Crypto Koala). Is that a separate solution someone is working on or part of this new concept?📷1

Tron - Last Friday at 3:01 PM

Starting with the introduction of messaging, every transaction can have an IPFS hash. Can be used as an public invoice, details about the transaction, etc.@theking The same new concept.

[Master] Roshii - Last Friday at 3:02 PM

Ok, we're done.

Steelers - Last Friday at 3:02 PM

How would Raven handle for instance a stock split?

BW__ - Last Friday at 3:02 PM

Are there sync concerns if a restricted asset logic layer is added?

Tron - Last Friday at 3:02 PM

@theking The KYC provider would store the KYC info, and send the Tag to an address with meta data that specifies that they're holding the KYC data. The KYC data would not be public, but could be audited.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 3:02 PM

That way you could update information about the original unique asset with each transaction.@Steelers Just a simple re-issue of the asset

Tron - Last Friday at 3:03 PM

@bw_ The logic layer is only a small db that stores the meta-data about the Restricted Asset, and enforces the restriction in the consensus rules. Rule returns true/false.(edited)

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 3:03 PM

Thanks everybody! I have to run.

Jeroz - Last Friday at 3:04 PM

I'm looking forward to the discussions to let this take shape. Thanks all! 📷📷4

Tron - Last Friday at 3:05 PM

@BW__ It would work very similarly to the way the units works now. Each asset has number of units and any transaction that makes it too granular (more satoshis) will fail in consensus -- even if it gets past the RPC checks.Signing off. Thanks all!!!📷9📷4📷9
submitted by Chatturga to Ravencoin [link] [comments]

Ravencoin Open Developer Meeting - 1/4/2019

[14:04] Hi everyone! [14:04] :dabbitwave: [14:04] Hey Everybody! [14:04] Hello 😃 [14:04] Sorry we're getting started a bit late. [14:04] Topics: SLC Meetup (March 15th) [14:04] 👋 [14:04] Roadmap breakdown - posted to github [14:05] IPFS (integration) [14:05] greetings 👋 [14:05] So, SLC Meetup on the 15th! [14:05] Great! [14:05] Hi! [14:06] Hi all — a special thanks to the developers and congratulations on an amazing first year!!! # [14:06] <[Dev] Blondfrogs> Hello Everyone! [14:07] We have a tentative agenda with @Tron , @corby speaking. [14:08] We would like to have nice walkthrough of the Raven DevKit for the meetup. [14:08] We are planning on hosting a meetup in SLC at the Overstock building on March 15th from 6:00pm-9:00pm. It is free admission, but there is a page on meetup.com where people can rsvp so that we have a somewhat accurate headcount for food. [14:08] sup guys [14:08] hey russ [14:09] We are planning on having a few speakers and have allotted a bit of time at the end for people to meet and greet each other. [14:09] can you guys link us to the page somewhere when thats available? 😄 [14:10] free food?! [14:10] todays topic? [14:10] yeah can we indicate pepperoni pizza [14:10] Sounds good to me @Jeroz Nothing ordered yet though. 😃 [14:10] only pepperoni pizza is served at true blockchain meetings right [14:10] :blobhide: [14:10] Absolutely. The itinerary just needs to be finalized and then I'll make a broad post about the rest of the details. [14:11] https://www.meetup.com/Salt-Lake-City-salt-lake-city-Meetup/ [14:11] 😭 so far away [14:11] West Coast! [14:11] @MTarget But there's pizza, so worth the travel time. [14:11] lol [14:12] I'll be watching the stream if its available since i'm from montreal/canada 😛 [14:12] Ah yes, I love $300 pizza 😉 [14:12] as long as I get to see your smiling faces @Tron @RavencoinDev then it's worth the time [14:12] We'll be there. [14:12] We'll be messaging additional details as they get finalized. [14:12] Greeting and salutations! [14:12] sup [14:13] Hey, $300 is considerably cheaper than 2 $3,700,000 pizzas. [14:14] Ok, switching topics... [14:14] yeah its a way to fly, [14:14] question is whether those piza's will be paid for in RVN coin or not :ThinkBlack: [14:14] Roadmap [14:14] It hasn't changed, just added some detail. [14:14] https://github.com/RavenProject/Ravencoin/tree/masteroadmap [14:15] nice [14:15] This now links to a breakdown for messaging, voting, anti-spam, and rewards (dividends) [14:15] will there be any additional RPC functionality coming in the future, thinking in terms of some functions that are only available in ravencore-lib [14:15] apologies if now is not time to ask questions, i can wait for later [14:15] "Phase 7 - Compatibility Mode" - that's new 😮 [14:15] The protocol for messaging is pretty well established, but the rest isn't in stone (code) yet. [14:16] can you give us details on compatibility mode? [14:16] In broad brush strokes. [14:17] The idea is to allow ravend to act as a daemon that looks like a single coin. [14:17] so ravend that only works with the bitcoin asset? [14:18] interesting [14:19] So you start it with an option to only work with a single asset/token account or something? [14:19] hmm compelling what is the reason for this? some kind of scale or performance? [14:19] ^ [14:19] Example: Configure ravend to listen for transfer RPC call for senttoaddress or sendfrom, but for a specific asset. This would allow easy integration into existing system for assets. [14:20] Only the daemon or the whole wallet UI? [14:20] yeah thats great, rpc functions dont allow us to do this yet, if i recall [14:20] or at least we depend more on ravencore lib [14:20] so like asset zmq [14:20] that's smart [14:20] @Tron it also sounds like it makes our life easier working with RPC, instead of core all the time for some functionality [14:21] if i understand correctly anyways [14:21] So you could run numerous instances of ravend each on their own network and RPC port, each configured for a different asset. You would need some balance of RVN in each one to cover transaction fees, then. [14:21] id be curious to know what all the advantages are of this [14:21] one more question, how would i decentralize the gateway between bitcoin mainnet/ravencoin mainnet? in the current RSK implementation they use a federated gateway, how would we avoid this? [14:21] it sounds neato [14:21] Just the daemon. The alternative is to get exchanges to adapt to our RPC calls for assets. It is easier if it just looks like Bitcoin, Litecoin or RVN to them, but it is really transferring FREE_HUGS [14:22] That makes sense. Should further increased exchange adoption for each asset. [14:22] hmm yeah its just easier for wallet integration because its basically the same as rvn and bitcoin but for a specific asset [14:22] so this is in specific mind of exchange listings for assets i guess [14:23] if i understand rightly [14:23] @traysi Gut feel is to allow ravend to handle a few different assets on different threads. [14:23] Are you going to call it kawmeleon mode? [14:23] Lol [14:23] I read that as kaw-melon mode. [14:24] same lol [14:24] so in one single swoop it possible to create a specific wallet and server daemon for specific assets. great. this makes it easier for exchanges, and has some added advantages with processing data too right? [14:24] Still keeping a RVN balance in the wallet, as well, Tron. How will that work is sendtoaddress sends the token instead of the RVN? A receive-RVN/send tokens-only wallet? [14:25] @traysi Yes [14:25] sendtoaddress on the other port (non RVN port) would send the asset. [14:25] This will be a hugely useful feature. [14:25] ^ [14:26] @Tron currently rpc function not support getaddresses senttowallet and this has to be done in ravencore lib, will this change you propose improve this situation [14:26] Config might look like {"port":2222, "asset":"FREE_HUGS", "rpcuser":"hugger", "rpcpass":"gi3afja33"} [14:26] how will this work cross-chain? [14:28] @push We'd have to go through the rpc calls and work out which ones are supported in compatibility mode. Obviously the mining ones don't apply. And some are generic like getinfo. [14:28] ok cool 👍 cheers [14:29] for now we continue using ravencore lib for our plans to keep track i just wondering if better way [14:29] as we had some issue after realising no rpc function for getting addresses of people who had sent rvn [14:29] @push | ravenland.org all of the node explorer and ravencore-lib functionality is based on RPC (including the addressindex-related calls). Nothing you can't do with RPC, although I'm not sure of the use cases you're referring to.. [14:29] interesting, so ravencore lib is using getrawtransaction somehow [14:29] i thought this may be the case [14:29] that is very useful thankyou for sharing this [14:30] look into addressindex flag and related RPC calls for functions that operate on addresses outside your wallet [14:30] thank you that is very useful, tbh i am not very skilled programmer so just decoding the hex at the raven-cli commandline was a challenge, i shall look more into this, valued information thanks as this was a big ? for us [14:31] Ok, things have gone quiet. New topic. [14:31] IPFS (integration) [14:31] GO [14:33] ... [14:33] <[Dev] Blondfrogs> So, we have been adding ipfs integration into the wallet for messaging. This will allow the wallets to do some pretty sweet stuff. For instance, you will be able to create your ipfs data file for issuing an asset. Push it to ipfs from the wallet, and add the hash right into the issuance data. This is going to allow for a much more seamless flow into the app. [14:34] <[Dev] Blondfrogs> This ofcourse, will also allow for users to create messages, and post them on ipfs and be able to easily and quickly format and send messages out on the network with ipfs data. [14:34] It will also allow optional meta-data with each transaction that goes in IPFS. [14:34] will i be able to view ipfs images natively in the wallet? [14:34] <[Dev] Blondfrogs> Images no [14:34] We discussed the option to disable all IPFS integration also. [14:35] @russ (kb: russkidooski) Probably not. There's some risk to being an image viewer for ANY data. [14:35] No option in wallet to opt into image viewing? [14:35] cool so drag and drop ipfs , if someone wanted to attach an object like an image or a file they could drag drop into ui and it create hash and attach string to transaction command parameters automatically [14:35] We could probably provide a link -- with a warning. [14:35] nomore going to globalupload.io [14:35] :ThinkBlack: [14:35] I understand that the wallet will rely on globalupload.io. (phase 1). Is it not dangerous to rely on an external network? Or am I missing something? [14:36] hmm [14:36] interesting, i suppose you could hash at two different endpoints and compare them [14:36] if you were that worried [14:36] and only submit one to the chain [14:36] You will be able to configure a URL that will be used as an IPFS browser. [14:36] Oh ic [14:36] you wont flood ipfs because only one hash per unique file [14:36] <[Dev] Blondfrogs> There are multiple options for ipfs integration. We are building it so you can run your own ipfs node locally. [14:36] <[Dev] Blondfrogs> or, point it to whatever service you would like. e.g. cloudflare [14:36] this is very cool developments, great to see this [14:37] Just like the external block explorer link currently in preferences. [14:37] @[Dev] Blondfrogs what about a native ipfs swarm for ravencoin only? [14:37] We have discussed that as an option. [14:37] @push | ravenland.org Considering having a fallback of upload through globalupload.io and download through cloudflare. [14:37] <[Dev] Blondfrogs> @russ (kb: russkidooski) We talked about that, but no decisions have been made yet. [14:37] yeah, i would just use two endpoints and strcompare the hash [14:37] as long as they agree good [14:37] submit tran [14:38] else 'potentially mysterious activity' [14:38] ? [14:38] if you submitted the file to ipfs api endpoints [14:38] Will the metadata just be a form with text only fields? [14:39] and then you would get 2 hashes, from 2 independent services [14:39] that way you would not be relying on a central hash service [14:39] and have some means of checking if a returned hash value was intercepted or transformed [14:39] i was answering jeroz' question [14:40] about relying on a single api endpoint for upload ipfs object [14:40] We have also kicked around the idea of hosting our own JSON only IPFS upload/browse service. [14:41] I have a service like this that is simple using php [14:41] we only use it for images right now [14:41] but fairly easy to do [14:41] Yup [14:42] Further questions about IPFS? [14:43] contract handling? file attach handling? or just text fields to generate json? [14:44] trying to get an idea of what the wallet will offer for attaching data [14:44] Probably just text fields that meet the meta-data spec. [14:44] ok noted [14:44] What do you mean by contract handling @sull [14:45] We won't prevent other hashes from being added. [14:45] asset contract (pdf etc) hash etc [14:45] <[Dev] Blondfrogs> also, being able to load from a file [14:45] got it, thanks [14:47] Let's do some general Q&A [14:48] Maybe just a heads up or something to look for in the future but as of right now, it takes roughly 12 hours to sync up the Qt-wallet from scratch. Did a clean installation on my linux PC last night. [14:48] Any plans or discussions related to lack of privacy of asset transfers and the ability to front run when sending to an exchange? [14:48] ^ [14:48] Is there a way to apply to help moderate for example the Telegram / Discord, i spend alot of time on both places, sometimes i pm mods if needed. [14:49] Any developed plans for Asset TX fee adjustment? [14:49] also this^ [14:49] @mxL86 We just created a card on the public board to look into that. [14:49] General remark: https://raven.wiki/wiki/Development#Phase_7_-_Compatible_Mode = updated reflecting Tron's explanation. [14:49] @mxL86 That's a great question. We need to do some profiling and speed it up. I do know that the fix we added from Bitcoin (that saved our bacon) slowed things down. [14:50] Adding to @mxL86 the sync times substantially increased coinciding with the asset layer activation. Please run some internal benchmarks and see where the daemon is wasting all its cycles on each block. We should be able to handle dozens per second but it takes a couple seconds per block. [14:50] @BW__ no plans currently for zk proofs or anything if that's what you're asking [14:50] You are doing a great job. Is there a plan that all this things (IPFS) could be some day implemented in mobile wallet? Or just in QT? [14:50] i notice also that asset transactions had some effect on sync time as we were making a few. Some spikes i not analysed the io and cpu activity properly but will if there is interest [14:51] we are testing some stuff so run into things i am happy to share [14:51] @BW__ Might look at Grin and Beam to see if we can integrate Mimble Wimble -- down the road. [14:51] yeees [14:51] @J. | ravenland.org work with the telegram mods. Not something the developers handle. [14:51] i love you [14:51] @J. | ravenland.org That would be best brought up with the operators/mods of teh telegram channel. [14:51] @corby @Tron thnx [14:51] @S1LVA | GetRavencoin.org we're planning on bumping fees to... something higher! [14:51] no catastrophic failures, just some transaction too smals, and mempool issues so far, still learning [14:52] @corby i thought that this may happen :ThinkBlack: [14:52] @corby x10? 100x? 1000x? Ballpark? [14:52] Definitely ballpark. [14:52] 😃 [14:52] 😂 [14:52] Is a ballpark like a googolplex? [14:53] @push | ravenland.org asset transactions are definitely more expensive to sync [14:53] yes yes they are [14:53] they are also more expensive to make i believe [14:53] 10,000x! [14:53] as some sync process seems to occur before they are done [14:53] @traysi ★★★★★ thanks for the suggestions we are going to be looking at optimizations [14:53] But, it is way slower than we like. Going to look into it. [14:53] i do not understand fully its operation [14:53] 1000x at minimum in my opinion [14:53] its too easy to spam the network [14:54] yes there has been some reports of ahem spam lately [14:54] :blobhide: [14:54] 😉 [14:54] cough cough ravenland [14:54] @russ (kb: russkidooski) we're in agreement -- it's too low [14:54] default fee 0.001 [14:54] ^ something around here [14:54] @corby yep we all are i think [14:55] waaay too low [14:55] meaningful transactions start with meaningful capital expense [14:55] though there is another scenario , there are some larger volume, more objective rich use cases of the chain that would suffer considerably from that [14:55] just worth mentioning, as i have beeen thinking about this a lot [14:55] there are some way around, like i could add 1000 ipfs hashes to a single unique entity, i tested this and it does work [14:56] @russ (kb: russkidooski) What would you suggest. [14:57] I had a PR for fee increase and push back. [14:57] Ignore the push back. 0.001 RVN is not even a micro-farthing in fiat terms [14:57] definitely around 1000x [14:57] Vocal minority for sure [14:57] ^ yep [14:57] @russ (kb: russkidooski) That sounds reasonable. [14:57] Couple hundred Fentons [14:58] right now an asset transaction is 0.01 of a penny essentially [14:58] 1 RVN would work now, but not when RVN is over $1. [14:58] yes exactly [14:58] Hi. Late to the party. [14:58] We are also talking about a min fee. The system will auto-adapt if blocks fill up. [14:58] im thinking tron, some heavy transaction use cases would fall out of utility use if that happened [14:58] so whats the thinking there [14:59] is there a way around the problem, bulked ipfs hash transactions? [14:59] 1000x would put us around btc levels [14:59] maybe a minimum 500x? [14:59] @russ (kb: russkidooski) Agreed. [14:59] <[Dev] Blondfrogs> It is time to wrap it up here. Everyone. Thank you all for your questions and thoughts. We will be back in 2 weeks. 😃 [14:59] Small increase and review. [14:59] Thanks all! [14:59] Cheers. [15:00] yeah sorry for 1 million questions guys hope i didnt take up too much time [15:00] cheers all 👍 [15:00] Thanks everyone [15:00] Thanks everyone for participating!!! [15:00] That is what we are here for [15:00] 100x-500x increase, 1000x maximum [15:00] 🍺

submitted by Chatturga to Ravencoin [link] [comments]

Espers Q&A With Cryptocoderz 7/5/17

7/5/17 Q&A Live with Cryptocoderz on the official Esper Discord https://discordapp.com/invite/hhYP8yT

  1. Masternodes
  2. POS & Patch
  3. Exchanges
  4. Sites on Chain
  5. Whitepaper Update & General Questions
  1. Masternodes: Q: Masternodes would be managed by individuals who would stake their tokens ? A: No masternodes are managed people who want to participate in contributing hardware like mining to the network for running one or multiple sidechains that do the heavy lifing, the system wouldn't balloon out of control either with proper chain management so it's almost like a different way of mining since of course masternodes get a little more on whatever they stake but have to lock a certain amount of coin to participate, well that's the old method anyway we're going to be changing that just have to see how it can be logically be done stabily. Q: Masternodes newbie here, i read somewhere that esp masternodes are unique, yes? if so, can you explain why esp is unique? A: They'll be in charge of one or more (operator selectable) sidechains that provide the function for some of the upcoming features that everyone's excited about. Same concept as servers are with the internet. Hope that made a little sense. Q: Will there be rewards for selecting the under supported features or would the code just dictate which feature the chain needs the most processing power at any given moment? A: You can select what side chains you want to run, they'll be labeled, and yeah you'll get more rewards for the more you assist with operating Q: 25 mil to run a masternode, right? A: That was the last voted on number Though many want to change it
  2. POS & Patch: Q: So where are we at with pos? A: As far as PoS goes we're running some more tests on anything as this is a rather large change to the PoS method everything has to be made sure that it's stable. Otherwise we've corrected the issue with the PoW/PoS ratio of generation of blocks and added in the new skew curve for both PoW and PoS, no more possible stalls even with insane hash changes and it will keep the blocks well shuffled Q: Why is the stake weight fixed? A: well there's nothing wrong with the stake wieght to begin with. it's just that the way the reference system is done causes issues with high load. which we're now all seeing. So there's simple ways to correct the issue but it could cause unforseen problems so we've just been running local net test runs of it to make sure things will continue work as they should after the PoS implementation is modified. It's a fairly significant alteration to its function There's going to be a small fork in the next week or two (toggle date will be set with the new wallet release later tonight) but it will be a good while out for everyone to have time update to it. This will patch VRX and turn the skew curve on Next will be the PoS update With the new update we re-arranged some of the source and also have redone the way that network, syncing and staking information is displayed as well. With the source re-arrangements we've also added toggled debug log prints for those who want to get techy Q: the high load issues for staking, is that why people do not see stakes for weeks at a time? A: Yes There are a lot of people on the network and with the way currently the network handles stakes and weight isn't suitable for the load There's already a solution :smiley: Q: And this solution is scalable with network growth right? A: Well yes, we described it in the last get together :smiley: where wieght is reset after staking Q: But if there's a large amount of people staking, then taking into consideration the number of blocks, is it possible that the larger stakers re-mature before the smaller stakers get any? A: No as it's all done by time and there's a 2 hour time out period, could make it more but that's the standard period already in place and it should do fine. Adjustments can be made to finalize anything as well if it comes down to it but it's a fine line, you don't want to have the wait too long otherwise if net usage is low it could cause the chain to run sluggish but as long as there's few connections it'll be fine. Working correctly this will make those with smaller amounts that have been staking forever (as the weight just compounds almost infinitely) will stake before larger wallets regain any weight Also reseting the weight will be nice to keep overall weight down and the PoS thread lighter
  3. Exchanges: Q: Any news from more exchanges? bittrex and others? A: Haven't spoken with bittrex, we submitted the new form though So just need to go talk with them again and see As soon as we talk with them we'll be back to let everyone know what they said That's if they decide to give us the time of day But they've at least talked to us before
  4. Sites on Chain: Q: Sites on chain is the gem of espers right now, I see a decentralized network of merchants coming from it. Being able to put forth product in an anonymous way is very appealing to many long term bitcoin users. I believe if you start laying down the principles of site on chain with espers and show progression, you will have the resources made available to you to run the network that you envision. This is were I see most users interested in espers ATM A: Correct and that's why the demo of it and the documentation is important. Just had to correct a few current issues first :smiley: Everyone hates the PoW/PoS ratio And hates the stake wait, not weight Lol Getting blocks to mix properly is a good idea Beyond being the way things should be Q: If I saw a product with a picture and a price with a button that says buy now on the espers desktop wallet that would be amazing On the site on chain section Simple but profound A: Well all you'd have to do is load an e-commerce site or what not Once you store the data on the chain you're done, you can store the whole thing on it Then just have the client render it Q: Would it be quick or a 5 min dl Without masternodes it would be slow with a Heavy network right? A: Should be honeslty be very quick, as you're talking about a p2p network which usually can push some decent bandwidth when needed and besides this will all be raw code that's rendered by the wallet Yeah without doing masternode operated side-chains it would be difficult to manage Doing it this way would make the system responsive And easy to handle Also it would be nearly impossible to bog it down And even if one system slowed down it would be localized to that one system Because each task would be handled by a different chain Modular Any kind of slow down in any area could be easily addressed
  5. Whitepaper Update & General Questions: Q: What's the ETA on the Whitepaper? I was under the impression it was going to be completed by this week. A: Yes it is, Holidays came up so things got pushed back a couple days Sadly I also was dragged into things lol Q: What's your biggest hurdle that you have encountered right now? It's a loaded question I know A: Really it's currently a few people out there in crypto that don't like what we're doing for whatever reason, constant flak, fud and false accusations. But it's to be expected at the same time Q: Espers is written in c++ is that going to change in the future? A: Currently there are no plans to change it yet. A rewrite for native web versions is a thought but we need to have built the initial system first and deployed it before taking it and doing other things with it Otherwise we'll just spread ourselves and people will be dissapointed Q: In the future, how will this network be governed? I'm assuming CryptoCoderz wont be developing this coin for the rest of their lives, so how will changes to the network be made? I'm wondering if it'll be a democratic coin or a centralized coin. A: Well, you're talking years in the future? That's a good question. Would be nice to have a large enough community to continue like BTC, but without the endless pointless bickering Have to go linux style as btc did, open source, community run
submitted by 710n to esperscoin [link] [comments]


Decided to try out litecoin for an order so i needed another wallet, downloaded and set up Electrum-LTC in my tails persistence, but its syncing still. My coins are there, but not verified. According to my network stats in the wallet my blockchain is at 30239 blocks, while the node im connected to is at 1348089... and thats after more than an hour.
After some googling it appears i need to download bootstrap.dat if i dont want to wait 100 hours (which i dont because tails wont work on my only spare computer, i dont want to tie up my main for that long), but all the links im finding to the litecoin one are dead, and i assume the bitcoin one wont work. Where can i find the litecoin bootstrap file, and how big is it? My tails drive is only 16gb and this was never a problem using the included bitcoin wallet, so im not really sure what to do. Did i screw something up in the setup?
EDIT: Had to boot back to windows for a while, thankfully it saved my progress, so im at 44351/1348122 blocks now... Electrum isnt supposed to do this, but it is, and http://litecoin.info has been down all day and so is every mirror link i can find to bootstrap.dat
EDIT2: Can i just send the coins back to my coinbase wallet even if theyre unverified in my electrum-ltc wallet? Im seeing now that bitcoin fees are going back down, might just be quicker to send them back to my coinbase account, convert to bitcoin, and send to my normal electrum wallet? Ive been futzing with this all day and im getting really really frustrated, Electrum-ltc isnt supposed to do this but i dont know what i screwed up, i cant use Tails for 4 days straight while it downloads the whole blockchain, if i even have space for that.
EDIT3: Seriously, what did i fuck up? https://i.redd.it/a6i3fk3d9d901.png
EDIT4: SOLVED For anyone else looking for a fix to this, turned out to be simple and stupid. I created a dummy electrum-ltc wallet on windows, got it all initialized, copied the blockchain_headers file to another flash drive and replaced the copy in my persistant folder in Tails with the up to date one, it was ~100mb. Quick, easy, saved me 96 hours.
submitted by Cyno01 to litecoin [link] [comments]

AMA Brandan Eich - Creator of Javascript, Mozilla Firefox & Brave Software in Ark slack

boldninja @brendaneich hi Brendan welcome to Ark slack - Brendan is the creator of JavaScript, co-founder of Mozilla / Firefox & Brave Software and today we'll host AMA with him regarding his upcoming project http://basicattentiontoken.org/ BasicAttentionToken
moobox i think i'm gonna forget about bitbay and keep it
dr10 hi brendan
brendaneich hi
dr10 nice to have you here :smile:
boldninja hi Brendan - thanks for joining us today
brendaneich happy to be here @boldninja
tranzer hi @brendaneich , I have a question regarding BAT. Will you have limited number of tokens or will you have inflation? When do you plan to start ICO? (edited)
michaelthecryptoguy Hello Brendan. Nice to have you in the ark community slack channel
mward Hello
moobox the ironies of old age. you can afford the sports car you dreamed of as a kid, but your back hurts too much to sit in it.
dr10 Will Mozilla- and Chrome-Plugins be usuable for Brave browser? Will Brave Browser be able to sync bookmarks?
mike hi brendan
cannabanana is the BAT token just an ETH asset or will it be a new blockchain technology? if the first, why ETH instead of your own block chain? :smile: (edited)
brendaneich @dr10 two questions, first one first
jonathansampson @dr10 Chrome extensions are supported today, I wrote a short walkthrough on how we (I'm an engineer on Brave) test extensions before adopting for official support. https://blog.brave.com/loading-chrome-extensions-in-brave/ Happy to answer any questions you may have. (edited)
brendaneich 1. Brave on laptop/desktop uses chromium and we support chromium extensions, but curate them into our own S3 from the Chrome Web Store ah, there is @jonathansampson on to second q
jakethepanda @brendaneich How will Brave detect bots designed to give fake attention? (edited)
brendaneich 2. Brave's client-encrypted sync is in beta now, if you use iOS i can connect you with the devs to get a beta build. it works between laptop/desktop systems already, and is coming up in Android too @cannabanana BAT is an ERC20 token on Ethereum. we need smart contracts and benefit from multiple token launches proving the tech and approach no desire to do our own blockchain
mward The BAT wallet will be implemented in Brave browser as a plug-in?
brendaneich we are pragmatists, use bitcoin already in Brave for auto-microdonations
cannabanana will you only accept ethereum for the ICO or will you also be accepting bitcoin?
brendaneich @jakethepanda please see https://www.reddit.com/BATProject/comments/61kw7f/question/dfxkuus/ reddit Question • BATProject We have answers, you may not be surprised by them: 1. Rate-limiting. Bots can fake human ad viewing (see https://whiteops.com/methbot), but we'll... @mward no, deeper integration than an extension (plugin still is overloaded for old-style stuff like Flash) can have
brendaneich @cannabanana ETH only, as BAT is an ERC20 token -- we are not launching a new exchange or anything, so other currencies have to be exchanged to buy BAT
boldninja When do you plan to start your initial token offer, will there be any hard cap?
jakethepanda @brendaneich Is this right? Users opt into the BAT system and get paid for their attention. Advertisers pay for ads with BAT. Through a smart contract, BAT is unlocked as users give the ad attention. The unlocked BAT is split up between users, Brave, and publishers.
brendaneich @mward we have BitGo provided bitcoin wallet integration in Brave already, ofc the wallet is on the blockchain not in Brave but the deeper integration is for the private, "chartbeats in your browser" auto-microdonation analytics, and the anonize.org-based ZKP protocol over VPN to communicate your donations w/o loss of anonymity or fingerprinting via the list of your top sites
@jakethepanda that is the goal but doing it with real-time BAT flow is in the future, the "Apollo" (or Mars mission) space program phase; we're in "Mercury Redstone" rn, monkeys in buckets on parabolic paths
nt91 When is ico
brendaneich @boldninja @nt91 we haven't announced the date but will very (very) soon, just getting logistics and final audits done
@boldninja cap is $15M of ETH so we have to pin the ratio close to launch given recent vol.
dr10 How will you get Brave Browser to the masses? Any marketing campaign you like to sum up? Any bigger announcement or plan?
jakethepanda How is the split determined between users, publishers and Brave?
brendaneich @dr10 we are growing, mostly organically right now, under 1M MAU but we will (in best case of crowdsale) spend more to growth-hack, which is advertising + funnel analytics / retention analysis loop
tranzer @brendaneich don't know if you have been following tokencard ICO, but they had kind of a fuckup with their smart contract, also they didn't give their address of contract literally before it started. How will you go about this? Will smart contract, address be known beforehand?
brendaneich an important point: if we hit cap we will found a trade group for attention apps and get other apps on board to use BAT and help us get to scale faster with buy side of ad-tech system, also with bigger donor cohorts via membership in trade association
nt91 Once launched how quickly isit likely to join the exchange
brendaneich @tranzer we followed that closely, it was Not Good. we are using a super-simple contract based on FirstBlood, Golem, StandardToken
mward How will you make the crowdsale? Like Gnosis? (Dutch action) The BAT token wil have fixed price at the time of ico?
brendaneich @nt91 can't say, not our biz and we are building the "in game" economics first so exchanges can come any time
brendaneich @mward fixed ratio of BAT for ETH
fixcrypt @brendaneich will all the tx recorded on eth blockchain, or will you manage some sort of payment channels?
dr10 Do you plan to integrate decentralized VPN or Tor-Like stuff? Your browser is really fast, will these things slow it down? Or didnt plan any of this?
brendaneich @fixcrypt all on chain, no preselling, no funny stuff -- we believe in simplicity first, given all the experience in this space
mike would you be interested in using a different blockchain to eliminate all the overhead of paying such a huge network of computers on ethereum to each process every single contract on each computer? (edited)
cannabanana I hope you guys will reconsider accepting more than just eth for the ICO. I have not been able to invest in any of the past like 5 good ones. There's a whole segment of people who wont touch ETH.
tranzer @brendaneich ok I know this is not about BAT, but did you know that Ark is built in JavaScript :smile: ?
fixcrypt @brendaneich how many tx are we talking about? 1 each time there is a basic attention detected? (edited)
brendaneich @dr10 we are going to do Tor private tabs, see https://github.com/brave/browser-laptop/wiki/Brave-Tor-Support GitHub brave/browser-laptop browser-laptop - Brave browser for Desktop and Laptop computers running Windows, OSX, and Linux
we will make it possible to pick a region for exit node from Tor relay network -- so you can unlock region-locked videos, e.g.
yes, Tor slows things down and Tor private tabs turn on fingerprinting protection, turn off most JS, etc. -- that's a good thing
michaelthecryptoguy Very Nice!!
brendaneich @mike i'm a pragmatist and will use whatever blockchain is big enough, robust enough, has functionality we need (smart contracts, ZKP anonymity coming along, etc.). Zcash adding token support this fall, i hear. we don't multiply risk by jumping on bandwagons whose wheels are still off :wink:. we do not try 10 hard things at once -- space program from monkey in can to moon
@cannabanana we are launching an ERC20 token on Ethereum, you buy with ETH, we are not an exchange
the few launches whose contracts hardcoded a bitcoin address were launching exchange-like projects, so could take the risk
we are not doing that
separate concerns
@tranzer i heard :wink:
twitchard What do you think the adoption function for BAT looks like. Do you think there's a critical mass at which adoption will drastically speed up? Or do you think it is more gradual
brendaneich @fixcrypt no, in early phases of BAT program we cannot put each attention event on chain
obv. the chain is too costly, also: not anonymous! big tracking prob
fixcrypt agree
brendaneich we build in hybrid fashion
Brave already has anonize.org v2 ZKP integrated
requires centralized but open source accounting server
fixcrypt ah yes make sense
brendaneich we'd like someone else to run that (escrow, also could add exchange to fiat as publishers like being paid in fiat)
dr10 Can I visit websites, that block Users, that use addblock? Is there a way to work around this? Currently I use brave browser and some pages block me, because of using addblock. What is your solution to this or do you think these website will change their behaviour?
brendaneich if we can do server to client remote attestation (see https://www.npmjs.com/package/secureworker) we will npm secureworker Run JavaScript inside an Intel SGX enclave
jonathansampson @dr10 That's a bug; let us know which sites are detecting Brave as an ad-blocker, and we'll file Issues on GitHub. We're constantly making improvements in this space, and recalibrating as necessary :slightly_smiling_face:
brendaneich eventually it should all decentralize but that requires the blockchain (a blockchain; could be red-headed lovechild of Ethereum and Zcash lol) to do anonymity and microtransactions both very well
fixcrypt so payment are done on blockchain, but it basically validates on a daily basis a centralised payment channel between all stakeholders
mike like the chart on ad percentages of sites in the whitepaper. I've noticed for a long time the mainstream news sites are the worst to go to, a literal assault on the browser visiting them - have avoided going to them as a result, think you're on to something to mitigate this.
dr10 I visited a german boulevard magazine www.bild.de
brendaneich bild.de makes my eyes bleed
dr10 so normally this wouldnt be the case?
yeah its just an example lol
because I know they block addblock people
jonathansampson @dr10 I'll file an issue immediately!
brendaneich @dr10 we get around forbes, wired, latimes, many other anti-adblockers
michaelthecryptoguy Will these be done on a multi - channel?
brendaneich publishers who put up such user-hostile dialogs tend to lose alexa/comscore share
gotta catch up on the Qs
@fixcrypt next
tell me if i missed you
fixcrypt no pb
tranzer Haven't used Brave yet, might try after today, but is it same memory hungry as Chrome is?
twitchard :wave:
1nfinite concerning the ICO - will there only be one? meaning all 700m coins will be distributed through this initial $15m ICO (meaning $1 will net you about 46BAT)? sorry if I'm misunderstanding some of the info you've put out in asking this
dr10 What if I want to support Live-Streams (twitch) or youtube videos by watching their ad (which is not part of the brave system) Can I still turn off this mechanism?
brendaneich @fixcrypt yes, we buffer automicrodonations over 30 days of your uptime (varies by user; if you go on vacation those days don't count) and send Anonize ZKP votes (one per voting session, all over VPN) to our accounting server, along with the total bitcoin per 30 days you pledged. this goes into settlement wallet, the votes go into accounting db
we want to decentralize this as noted, just repeating in case anyone missed
fixcrypt decentralize this will be hard, maybe when segwit is enabled on bitcoin, but ETH, i have no idea (edited)
brendaneich @michaelthecryptoguy sorry, what did you mean by multi-channel?
jonathansampson @dr10 You can track the bild.de issue here: https://github.com/brave/browser-laptop/issues/6758 (Thank you again for reporting) (edited)
fixcrypt i think decentralizing everything is not always the best solution
brendaneich @tranzer we use less memory than chrome by virtue of ad and tracker blocking but we have some bugs to fix pre-1.0 (which i think will be in june) -- i use brave on all OSes, also use a bit of other browsers to keep up with joneses but i've cut back and tried to live in brave. on macOS i am still bugged by mem use (i'm a tab hoarder) and some lag bugs but we are on them -- will fix this month!
michaelthecryptoguy one blockchain ledger with multiple transactions, instead of being signed one at a time (edited)
brendaneich @1nfinite yes, selling 700M, floating 300M on side for user growth pool (100M), trade association, team, and future reserve
1nfinite thanks!
tranzer so 70% to ICO and 30% for team / user growth? Sounds reasonable (more than gnosis :joy: )
moobox this is great to talk to brave devs - pls to make websites look like this: http://i.imgur.com/00mQ8mc.png (173kB)
brendaneich @fixcrypt you could be right, centralization or let's say trusted third parties have existed since at least agriculture (10K years?) so we as pragmatists must consider some -- but we don't like "trust me" / "don't be evil", we prefer "trust Math" / "can't be evil"
michaelthecryptoguy then the last transaction is added to the blockchain
dafty what failsafes are planned to stop bots (eg, running selenium) from mocking a real human and gaining bat tokens? how do you know a user is actually a user?
jonathansampson @moobox We will support themes in a future release, as well as extensions to modify page presentation. If you have any favorites, please let us know :slightly_smiling_face:
moobox thank you sir
michaelthecryptoguy to improve the cost of using eth network
dr10 There are lot of small companies, Twitch/Youtube content creators which live by ads. These ads aren't yet part of the Brave-System. Will there be a smooth transition? Can I still turn off the brave-mechanism and watch these ordinairy ads, to support individuals or are they forced to switch over to Brave?
fixcrypt @brendaneich trust the code that can be hacked, or trust the people that can be evil… Make your choice. DAO vs Banks
brendaneich @michaelthecryptoguy yes, we must batch -- at first in-browser. auditable open source required, verified builds if OS/toolchain support them. there is a level of endpoint software trust in any attention ecosystem but part of the trade association idea is to standardize stuff, including ZKP and VPN rules for submitting the private ledger to the blockchain or equivalent, also auditing requirements to use BAT
cannabanana I trust bitcoin but I don't trust bitmain is not evil
brendaneich @moobox are you just asking for a dark theme? on our roadmap
moobox well this is a plugin for firefox that swaps out all website colors - nothing like it for chrome yet except an ugllly one
brendaneich @tranzer yeah, GNO didn't sell enough IMHO but i'm not on team so won't throw stones -- just sayin' as observer
mward Why only 15M$ max? Don't you think the ico will end very fast?
moobox i am just hoping maybe some person sees it and says "i want that too"
tranzer @brendaneich are you still active in JavaScript development? Could there be any kind of cooperation with Ark in the future (also asking main dev of Ark @fixcrypt ) ?
brendaneich @dafty did you see the reddit link above? besides real (costs money, boots on ground; we're evaluating Blockscore rn) KYC, we have rate limits in mind based on humans, and flow limits so a compromised real user or convincing fraudster can't get $MMs of BATs from friends and family and then pass KYC to send off to a mixer
cannabanana :trollbounce: not to mention two of us are in the bay area
brendaneich start with in-game economics, no exchanges
1nfinite any chance you'll incorporate certain requirements for investments above xx number of Eth for the crowdsale? to prevent 20 big players from buying up the whole thing?
axente How are you guys legally setup? Swiss foundation?
jonathansampson @moobox We have heard similar requests from other users, and are eagerly working towards a release that supports both theming of the browser, and styling of the content. Let us know if you have any other ideas/requests :slightly_smiling_face:
brendaneich add KYC on publishers getting donations (done in prototype form in Brave using bitcoin rn)
add KYC for users wanting to withdraw -- this also means rate/flow controls
fixcrypt @tranzer well the only point would be to use ark as the payment network, instead of ETH, i don’t see any other interaction. Also maybe make brave agnostic enough so people can choose their network payment
brendaneich but for many users the opt-in zero-knowledge ad revenue is not enough to withdraw and they'll donate it
you can net-zero your monthly spend: make ad rev on non-top-20 sites, donate to top 20
I should add we want to start with user-private ad channels, like WeChat
we won't put ads on publishers's slots without their consent and partnership
some will come fast but bigs will be slow
so we're looking for user private ads: in separate tab, wechat-like bot, fullscreen channel, etc.
these can pay most rev share to user
still rate limited, no couch potato as a service lol
dr10 what about the twitch/youtube question? How could this work out?
brendaneich @dr10 we've always had a design that denotes payee with URL including path to youtube/twitch account, not just domain name
but we start with domain name for beta/MVP
will get team on twitch/youtube in coming months, it's hot topic
everyone wants it, we're just busy (24 people now)
crowdsale will help
can hire more to parallelize a bit
dr10 so you are working on a solution to pay off individuals within the brave-system, right?
@ yt / twitch
brendaneich @mward we debated cap on basicattentiontoken.slack.com and consensus was to keep at $15M -- but a few still suggest raising or no cap, much concern about fast sell-out and whales buying too much
mward yes, that is my concern.
look at gnosis distribution..
brendaneich @tranzer yes, i'm on Ecma TC39 and still active / consulted
mward you need a lot of small investors, not whales
dr10 When you implement Tor-like stuff. Can I also Download stuff via ToVpn? just using the Tor-Tab to download
brendaneich @1nfinite we aren't going to change the contracts, in third audit currently. we can't really limit whales who have tools to buy from lots of addresses
@axente we are not swiss but looking at tax optimization structures pre-launch; brave is delaware (US) c corp; trade group would be 501c6, need to pass IRS muster so that is many months after launch
axente Oke thanks
1nfinite got it, thanks. So will there be a cap for how much can be donated per address?
brendaneich @fixcrypt code is hacked, security never done; no silver bullets. but people are easier to hack and hack themselves lol
dr10 Is the brave browser running in a sandbox like chrome?
dafty how are inappropriate ads handled on the network, is there some form of reputation system for advertisers?
brendaneich @mward GNO sold too little, cetaceans eat too much agreed. GNT sold more and we can't find on-chain huge buys
@dr10 use Tor private tab, yeah
jonathansampson @dr10 That is correct.
brendaneich btw does everyone know Brave supports magnet: and .torrent now via WebTorrent integration?
@dr10 yes, we use chromium with the same sandbox -- had to fork electron hard (twice) to do this, btw. Slack uses unsandboxed chromium renderer processes :disappointed:
tranzer I think I'm sold on brave today will definately try it out
jonathansampson @tranzer Awesome. Let us know if you have any feedback!
brendaneich @dafty we haven't taken any ads at all yet so start from clean slate. no exchanges, ads bearing malware get thru, also https://whiteops.com/methbot fraud on sell side steals revenue by putting real ads into fake slots clicked by fake users whiteops.com Methbot | White Ops Digital Advertising Security. Enterprise Security Solutions. Bots are bad for business; we're bad for bots. (4kB)
our plan is to go direct to agencies who get ads from brands
our ads are opt in
no surprises for our users who want and expect baseline Brave to block
djselery @brendaneich what are your feelings about IPFS?
dr10 Will the Paying/receiving of tokens in the brave system be easy to understand for non-tech people? Is there some kind of tutorial or easy buttons or something like that? This is a total new environment for people. You have any plans for "educating" people or making it easy to use. Like a browser-integrated Balance? Easy overviews?
brendaneich if you opt in, you can start with light touch but to get BAT out you must KYC
@dr10 have you used Brave Payments (beta) yet? the support is built in
usable UX
tranzer will you need to do KYC also if you transfer to Brave and after that decide to put it out on exchange?
brendaneich we are moving (with new name, not "Payments") to second beta with Stripe as partner for users to fund automicrodonation wallet without seeing bitcoin
dr10 I have it installed and browse with it, but it is not taking me by the hand. I wouldnt know whats going it. I will look deeper into it.
brendaneich @djselery juan DMed me and we chatted about their JS implementation following WebTorrent into Brave -- it could happen. couldn't take the Go impl :wink:
@tranzer if you buy BATs as investor, no KYC -- just send ETH to token contract once launched, get BAT back
dr10 Maybe implementing something like a tutorial when starting brave browser would be nice. I am thinking of people who dont know any of this stuff and are not interested into researching it a whole lot
alexius89 @brendaneich are there partnerships with any exchanges (Bittrex, Bitshares etc.) planned or already confirmed after the crowdfund has ended?
geezee @brendaneich you should accept ARK :smile: :smile:
brendaneich @tranzer if you are a user of Brave after we launch BAT and have it integrated, and want to opt into ads, no KYC at first but the funds (to which you will have multisig custody, similar to bitcoin setup with BitGo wallet today in Brave for donations) flow in API-keyed and browser-automated fashion toward the accounting server that settles donations behind the anonize barrier
@tranzer if you want to send BATs from your wallet to other destinations then KYC needed
@dr10 go to Preferences / Payments; the Coinbase buy widget integration is US-only and a bit much for average users, wherefore our Stripe partnership
if you have BTC already, you can just fund your wallet and start
we have pinning (Patreon in the browser) in 0.15.2 now
so you can support sites with x% of your monthly budget whether you browse there or not
dr10 Will I earn more then I pay, when I chose to accept to watch these ads?
brendaneich @dr10 you don't have to pay at all, you can just earn
both donations (currently and in future) and ads (still to come, after BAT launch) are opt-in and separate
dr10 so basically what you say... the average dude can earn money just by browsing? It will be of couse small amounts, but better then nothing
fixcrypt @brendaneich on a business model side, is Brave team earning directly from this (ie part of the revenue redirected to the team for further development)?
tranzer Will bat have finitive coins and nothing added after few years or is there some subsection where you can increase token numbers via smart contract in the future ?
brendaneich @fixcrypt we are selling 70% and 30% floats on side. 10% is user growth pool. remaining 20% is reserves for team, bat.org (shorthand for basicattentiontoken.org; also have attentiontoken.org, attentioneconomics.org) and poss. user growth reserve
dr10 what if nobody choses to donate to pay money to the ad-publishers/BAT. doesnt the concept break down? I mean many people just want to earn. They watch these ads and get money.
brendaneich @fixcrypt biz model for Brave is not fundraising, though -- that's mostly burned down as non-recurring engineering, marketing (ads and growth hacking), etc.
biz model is small percentage (currently 5%) of automicrodonation gross, and larger (maybe 15%) off gross ad spend
these will be public numbers, we want transparency
if we do user-private ads, 85% of rev could go to user
part of Brave's brand is a set of promises: your data only on your devices in clear; we don't track, or store cleartext; rev share to you for opt-in ads at least as our share.
fixcrypt @brendaneich i see some maintenance with regular upgrades from chrome and advertisers relationship, so it needs a regular funding from transations i agree.
brendaneich @dr10 if everyone free-rides then system collapses; note this is risk today on Web, without Brave (which is small-share browser)
on Web today you can use a strong ad blocker like Brave, or Chrome+uBO+Disconnect.me
fixcrypt also will the revenue from donations will be contractual on the blockchain?
cannabanana do you have a contingency plan in case of critical ETH failure in the future?
brendaneich @tranzer contract is super-simple, we are making 1e9 BATs, no plans for more. can subdivide, expect appreciation but then use mostly as medium of exchange and unit of account, not store of value. don't want everyone hoarding. as with real world economies if everyone saved the system would collapse
michaelthecryptoguy for example the double spend issue like bitcoin had
dr10 What are your arguments for people donating for ads/keeping the money circulated. Why shouldn't they just cash-out their money?
Can you tell me an example of how much I would earn by browsing an hour? What is it depending on? Is there a good example to tell to people?
tranzer How are you going to counter exchange BAT price fluctuations? We all know tokens are highly volatile can go up 200% in a day or fall 50% in a day. How will you determine how much is someone paid ? Will you use USD value at time of contract with publisher / advertiser?
cannabanana @brendaneich wouldn't it be better to have a better distribution of BAT tokens during the ICO? currently in our environment with ICOs which have been selling out instantly is that there are like 10 whale ETH investors who get all the coins and hoard leaving out like 99.5% of the people who would have invested. (edited)
dr10 Dont know if I missed it. How much BAT will I get for 1 ETH?
fixcrypt @tranzer agree volatility is something advertisers don’t like (edited)
brendaneich @fixcrypt good q about transactional on blockchain, we do it all on bitcoin blockchain currently. we want transparency
have i mentioned ad tech is full of non-transparency, price gouging, etc.?
see http://digiday.com/marketing/proverbial-black-box-open-exchange-auctions-transparency-problem/ Digiday ‘A proverbial black box’: Open-exchange auctions have a transparency problem - Digiday Demand-side platforms are unclear about how supply-side platforms charge their publisher partners, and they can't tell if a bid price is inflated. (199kB) Yesterday at 6:00 AM
@dr10 we haven't pinned the ratio and won't till close to launch date in view of ETH volatility
we are raising $15M equiv
dr10 tranzers question is good
like to know that too
brendaneich @cannabanana global war, giant meteor impact, etc. -- "exiguous circumstances" -- leave us with no good alternative, i mean this in deep civilizational sense. BAT launch will be least of our concerns. Short of these, the risk to Ethereum is low. could have primal flaw in design exposed. would have to rebase on another blockchain -- would be hard, tons of risk
catching up...
cannabanana do you guys even believe in blockchain?
tranzer Rebase to Ark :trollbounce:
cannabanana ok, nm.
brendaneich @tranzer can't volatility hedge yet (gamma hedge) as far as i know -- anyone know diff?
@cannabanana i believe in blockchain -- as with standards, the great thing about blockchains is there are so many :stuck_out_tongue:
@cannabanana we see no whalesign in GNT; if you mean GNO, see above. they sold too little
cannabanana well I also believe but not in ETH so you are basically only allowing ETH believers to partake in your project
michaelthecryptoguy Wow!! You are doing great @ brendaneich :goodjob: In the dedication and effort department! ::ghostfaceuk_node: (edited)
mward @cannabanana you can simply exchange btc to eth for ico. After ico ends and you have tokens, sell them for profit :trollbounce:
cannabanana and many projects recently "sold out" within minutes by 2m equivalent single transactions
@mward I wont ever buy any eth ever
brendaneich @cannabanana we are not religious about it, as noted above: tokens on Ethereum are proven tech (still young, mistakes and latent bugs, risk for sure but less than alternative token/smart-contract platforms). we are using Ethereum for smart contract based tokens and that's it
cannabanana that's not the point
you still must believe in it if you are only accepting eth
brendaneich @cannabanana did you actually check "many projects" to prove whalesign? we looked at some and aside from GNO couldn't find it
cannabanana :slightly_smiling_face: g/l
brendaneich @cannabanana we believe stuff, yes; have to believe to get up in morning, do anything
cannabanana i've been following altcoins since 2013
yes, i've seen them sell out in minutes
brendaneich but we are not Ethereum true believers in some zealot sense
cannabanana then why not accept bitcoin for the ICO
because of hte risk you said.
brendaneich i will say ETH price rise is scary; but EEA (JP Morgan -- federal reserve founder!) backing Ethereum is huge
mike i had a very bad experience with HEAT using Ethereum, still have to pursue it to track it down - time consuming so have put it off. Used an online wallet, jaxx, i think, since installing and waiting days for blockchain was a lot more than i wanted to deal with. Maybe there are better alternatives now.
cannabanana sorry man, didnt mean to hijack your ama
brendaneich @cannabanana accept bitcoin how?
hardcode a bitcoin address in the token contract?
Zooko's XCAT scheme?
it's cool but no thanks
K.I.S.S. rules
we will not multiply risk (odds ratios) of independent events
that's a good way to die
cannabanana wow you are a jerkoff man
I just wanted to invest in your project
but wont touch eth
brendaneich i was at a startup before Netscape (MicroUnity), talked to Jim Clark when I got to Netscape. said "we were doing ten hard things at once that all had to work for success" and Clark said "odds were 1e-10!"
cannabanana good god, good for you man
1nfinite way to be respectful @cannabanana - just because of some feud you have with ETH, too
brendaneich @cannabanana i'm not the one calling names here
techbytes let's not digress... stay on topic please
brendaneich i do like XCAT, check it out. cross chain atomic transactions
1nfinite thanks for the transparency here and taking the time to answer our questions @brendaneich
brendaneich np
i think i'm over time
did i miss anyone's q?
dr10 dr10 What are your arguments for people donating for ads/keeping the money circulated. Why shouldn't they just cash-out their money?
Can you tell me an example of how much I would earn by browsing an hour? What is it depending on? Is there a good example to tell to people?
brendaneich @dr10 thanks
dr10 np :smile:
tranzer Thanks brendan for answering all of my questions - good luck with the project I'll be sure to participate
brendaneich if people see ads and cash out, the ad business is working and perhaps it dominates
moobox thank you for answering my questions also
brendaneich today's web relies mostly on ads, few paywalls and they convert poorly
i have a feeling with automatic, anonymous microdonations and payments we will see more of that and less reliance on ads
but cannot count ads out, for sure
mike any chance of eliminating the KYC so people can just withdraw their BAT and trade it?
brendaneich @dr10 comScore had a figure of 100 page views per user per day
devin Bitcoin is to slow
mike i don't see where kyc adds any value for the users.
tranzer @mike you won't need KYC if you are just going to trade as far as I got this (edited)
brendaneich assume we partner on one ad per page (just for easy math; i don't like this model and think user-private ad channel with one ad per day might be much better)
100 ad impressions per day, 3000/month, if $3CPM that is $9/month
twitchard Is there some way/what do you think would be the best way for developers interested in advancing your mission to contribute?
brendaneich if we put the ads in user private channel and share 85% to user, that is $7.65/month to user
$3CPM is low figure
dr10 CPM means?
mike like the idea very much over all.
noslawxtrafries cost per impression I believe
brendaneich it's an ad cost model: Cost Per Mille (Mille from Latin for 1000 impressions)
video ads pay more; not just CPM but CPX for X = watch a video by quartiles; watch to end; click on download promotion after end (usually game ad)
mike so KYC is just to withdraw to fiat, but to withdraw to an exchange or another wallet is unrestricted?
brendaneich @devin yes, bitcoin too slow; no privacy either (edited)
devin Screw bitcoin
I want a project that accepts both
brendaneich @mike KYC is required or fraud kills the system faster than regulators (who will kill it too) (edited)
@devin there are projects doing this but they are "upstream" of ours
dr10 What are your 3 major arguments for mass adoption of Brave Browser. - Some Slogan you would give to magazines, etc.
brendaneich Fast (3-7x, see next link), Private, and you get paid for your attention
but remember we want the 501c6 trade association if we sell out. BAT is for multiple apps
mike have you looked at Blockstack for ID as an alternative to KYC?
brendaneich more than Brave
@mike yes (I know founders and saw them recently); that doesn't help
dr10 yeah but Brave will be the flagship of BAT token, right? Or any other big vision planned? (edited)
brendaneich @dr10 Brave will be first, yes
eventually everything here should be a standard
nothing's proprietary
twitchard Could BAT be implemented as a plugin/extension to other browsers? (Would it be more practical to fork?) (edited)
dr10 good question
mike or is KYC just needed for a threshold to withdraw above. it does seem there would be a pratical limit of how much organic ad traffic a user would be exposed to.
brendaneich blockchain, ZKP, even functional specs for KYC, definitely payments -- all should be standards used by lots of apps and services and people
@mike please find "rate" and "flow" above
ryano Dpos is probably the best consensus approach for things like this
devin @brendaneich thanks
brendaneich @twitchard BAT in extension is unclear as extensions have limited APIs, and often must be loaded from a store that has rules
kik got thrown out of iOS app store for doing its own payments some years back
CWS kicked out Ad Nauseum
mike i can see where someting is needed to mitigate clickfarms in low wage regions.
brendaneich i'm half hour overtime so have to go soon
@mike yes, and sybil attacks to route funds to a mule
stuff like that
ryano Thanks for your time Brendan
twitchard Thank you
brendaneich np, it was fun (except for the jerkoff thing :-/)
tranzer Thanks good luck
dr10 thank you very much
ryano Let me guess canna ?
cannabanana lol
man I asked a legit question and got shit on
so fuck it
jakethepanda Hi everyone. As Brendan mentioned, he will be wrapping up the AMA. @brendaneich Thank you for your time.
1nfinite thanks @brendaneich , learned a lot just from the terminology you've been using. Will spend time looking into all this, but your project sounds great
ryano Still dude, it's not good if you are predictably the one causing trouble
brendaneich @dr10 here's the "Fast" money shot
cannabanana well some people can't all be agreeable
brendaneich uploaded this image: Pasted image at 2017-05-09, 10:33 AM Add Comment
ryano You are the only one where this is an ongoing issue
It's bad for our community
cannabanana no, it's not. it's good because I give a different perspective on things. I'm not like you and I don't agree.
you think the success of ark has been on the backs of all the "good" ones?
brendaneich @cannabanana us taking ETH and me giving the reasons why we won't multiply risk is not me shitting on you -- we will have to just miss out on you this time. i wish we could take multiple currencies but it's an exchange problem at this point. maybe XCATs help in future
cannabanana I asked a legit question about what if it fails. what about hte investors?
is that not a legit question?
cannabanana if you want me to put money in, I want to put in something I believe in
not something I dont
mike yes, if they want to stick with ETH, it's their call. Obviously plenty of ICOs have been successful with it, so it will continue in the future.
cannabanana consumers too, it's the same thing if it fails then the system is gone then the peopel who bought the bat to use are all out too.
brendaneich @cannabanana that's (https://arkecosystem.slack.com/archives/C41QFMCKH/p1494351381880292) fair and it means in a market, sometimes you don't make a deal -- you hold out for better product later (edited)
calling names and getting mad because someone won't do what you demand -- not fair. my 2 cents anyway
ryano You can't be calling guests jerk offs and trolls every time they don't tell you what you want. This is an ongoing issue with you. Nobody else here is lashing out at people except you and there are nearly 2000 people here.
jamiec79 oh lordy...
jamie exits the room quietly
cannabanana you know what nm
techbytes @brendaneich appreciate you stopping by today. Will put AMA on Reddit for others to find out more about your project.
brendaneich @techbytes thanks for having me
ryano Thanks Brendan
nt91 Brendan thank you for coming
ominous.shark Yeah, thanks for the AMA! @brendaneich ARK community appreciates it!
mike thanks for taking the time to talk with us about BAT, good luck with it.
michaelthecryptoguy :goodjob: Brendan and :goodluck: with the BAT ICO (edited)
boldninja Thanks @brendaneich - good luck with BAT
brendaneich thanks again
submitted by Jarunik to ArkEcosystem [link] [comments]

My Idea for Bitcoin Faster Adoption ...

Hello, My Name is Vitalie from Moldova, I am a photographer. I came up wiht a Idea how to manage Bitcoin adresses and how to increase user adoption. I posting here in hope that some developer will like it and implement it. So... I was thinking about the past of internet and we are on the same road that internet went from the beggining. Right now we got this blockchain adresses in our wallets that is kind of imposible to remeber and very scarry for the new people. Ordinary people don't need to know all of this, like we don't need to know about IP adresses and dns servers. The only think we now lately is just primary "Text" adress of web page and emails. Lately I don't even remeber my friends cell phone numbers and theyr emails, everything is link and sysnced between different accounts under one or two primary Identifiers like facebook and google acc. for example. So what if instead of very long bitcoin adresses and ordinary wallets , a big wallet company like https://blockchain.info/ will introduce the uniq bitcoin account name for each user for example: my acc name will be like btx.lakanuli.com ore btc.lakanuli.com . I was thinking to that will be much more convinient that if someone will ask for money i will just ask for his uniq name and send him money like an ordinary email. Email are so popular because they have this short names istead of ordinary mails where people need to know the whole physical address with a lot of numbers and letters. And if blockain.info will provide such thing , and the rest aplication will do the same than it will help a lot for new users to feel more familiar in this new financial system. In future we can add here everything we wont: email, social network sync, rating system for open online markets, personal online ID, and much more... English is not my native language so sorry about mistakes. So guys what do You think about this?
submitted by lakanuli to Bitcoin [link] [comments]

The end is neigh! Rilly has been accused of "noise" at tactic that effectively censors ourchain.slack.com by shoving everything up the memory hole. Dump of #general from then to now.

leithaus 6:32 PM If she redeems the AMP for a RHOC and even 1 RHOC is burned, then she has 1/(1B -1 ) of the total supply of RHOCs. (edited) 6:32 This is a strictly better position than her position in AMPs. 6:34 Now, we have gone over the arrangement between the Co-op and the Holdings company in detail many times. lexysis 6:34 PM Show us the documents leithaus 6:34 PM There have been infographics, discussions, all posted in videos. lexysis 6:34 PM Show us what the arrangement is in legal terms 6:34 this information should be given to everyone in a structured manner leithaus 6:35 PM It has been over the last 4 months. lexysis 6:36 PM We don't want an infographic. We want actual precise language. For example, it's not enough for you to say "don't worry about X because the company is legally bound to develop on the platform." You should give us the actual legal documents that precisely describe what the situation is. amp100 6:36 PM Keep ignoring Greg. Nobody watches those hangouts anymore thats why we all keep asking here! 007 6:37 PM @leithaus Please, all I'm asking is: what will be the total Rchain if 10 mil amp are swapped. Please no formulas just a number. lexysis 6:38 PM You're doing the equivalent of telling us that we should trust some smart contract code we've never seen, because you've told us in videos and infographics about how it works. Do you not see how this goes against the whole idea of this project? amp100 6:38 PM @ed.eykholt Ok mayeb I misquoted you, though that didn't change anything at all IMO. 'under any circumstances' is the same for me as 'in any case'. So the 105 million won't be changed 'in any case'. (now happy?) And nwo please answer what will hapopen if 10 million coins will be swapped. Pinned by fdt leithaus 6:39 PM As we posted back in February, we will burn the difference between what's in circulation versus what's redeemed. amp100 6:39 PM Where does teh burning come from if the Holding wont be touched! The 1:10 ratio cant be honored in that case. 6:40 As teh Holding company holds 105 million and teh total supply would be 100 million if 10 mill is swapped ed.eykholt 6:40 PM @amp100 No, I said there is no plan to return them; the whole sentence matters. (edited) Pinned by fdt leithaus 6:40 PM What's in circulation is roughly 115M, take away 10M, that's 105M burned. Leaving a total supply of 895M. amp100 6:40 PM Ed : 'in any case'. 6:40 SO thats why I ask this question abotu 10 million amps. Will that 'in any case' change? ed.eykholt 6:41 PM @amp100 Greg is addressing the question about supply. I'm not going to. amp100 6:41 PM Ok 6:41 So now we are getting somewhere Greg. 007 6:42 PM Thanks Greg!!! (edited) amp100 6:42 PM The Holding company keeps 105? +10 = 115 and teh rest gets burned. So then teh next question! How is this all gonna work with teh Rchain COOP having ZERO Rhocs? leithaus 6:43 PM No, you have misunderstood. 007 6:43 PM so only 105 mil Rchain would be burnt if 10 mill are swapped.?? leithaus 6:43 PM The Holding Company has what it has. End of story. 6:43 @007 that's correct. amp100 6:43 PM lol? Pinned by fdt leithaus 6:43 PM i have to double check the number of AMPs in circulation is 115M. amp100 6:43 PM OMG 6:44 This you coudl anwers very very easily a long time ago to all these people who ask here! 6:44 yes you kept ignoring and saying it was in some hangouts. 6:44 I cant believe this. 6:44 Anyway the dillution will be ridiculous to swappers. bad deal. 6:45 Thanks for finally answering , it cost me lots of valuable hours/days/weeks/months. Pinned by fdt leithaus 6:45 PM Assuming that is correct, if only 10M is redeemed, then 105RHOCS get burned. So, the total supply of RHOCs is 1000M - 105M = 895M. 007 6:45 PM I might be mistaken, but I recall a plan to burn MUCH more amps. leithaus 6:46 PM They aren't going to do that. 6:46 But, anyway, if you don't want to participate, don't. 6:46 We don't need this. We're doing it as a service to the people who were defrauded. 6:47 People who feel this doesn't serve their interests should definitely not participate. 007 6:49 PM Currently AMPs in circulation are 10% on total supply. If we maintain the same ratio (10 mill swapped) we should end with 100 mil Rchain??? (edited) leithaus 6:50 PM @amp100 - your calculations are incorrect. No matter how you calculate this, RHOC holders' positions are not diluted at all. They are improved. If you look at the position of liquid, they are in a much, much better position. If you look at the total supply they are in a slightly better position. amp100 6:50 PM no. as 10 million will be in circulation and a 895 million supply 6:51 Bad 6:51 Holdings companies coins are not in circulation yet. 6:51 This is very bad for investors/swappers or however the hell u wanan call it leithaus 6:51 PM Do whatever you think is right! 007 6:51 PM 10 mil rchain circulation and 895 millin supply DOES'T maintain the same synereo ratio amp100 6:52 PM You not maintain your promise Greg. leithaus 6:52 PM If you feel it doesn't serve you, please don't participate. ed.eykholt 6:53 PM @amp100 Holdings company RHOCs are in circulation. amp100 6:54 PM Synereo company hold abotu 850 million coins and 85 in circulation. Total supply is 1.1 x what SYnereo holds. In Rchains case its far from 1.1x. It's 9 x.:joy: (edited) 007 6:54 PM Back in January I understood that the ratio would be the same as Synereo. If only 10 mil Rchain are in circulation how do we get to 900 mil Rchain supply?? amp100 6:55 PM @ed.eykholt Do as Synereo does and you get a 115 million total supply. 6:55 10 million investors and 105 by company. (synereo 85 million investors and 850 million company) 6:56 This is teh worst deal ever, and not even close to all your promises Greg. 6:56 What a joke... 007 6:57 PM Wish I could get slack archive. What was said few months back is completely different. 6:59 This is NOT the same ratio Synereo I was promised! amp100 6:59 PM It's not even close..... leithaus 7:00 PM Again, please don't participate if it doesn't serve your interests. amp100 7:00 PM Synereo holds 1:10 (investors : synereo) If Rchain woudl do that it would be 10:100. 7:00 Greg is a big liar and never keeps his words. What a fking joke. 007 7:01 PM I remember we spokes about it here and understood that total amp swapped to rchain would be approximately 10% of total supply. (10% is the synereo ratio). amp100 7:01 PM Only cares about safing his ass from legal battles and only cares to enrich himself in a way that it looks like that isnt the case. 7:02 @007 we re fucked over once again. 007 7:03 PM @amp100 no need to be nasty.... we are here to get answers help decide if to swap or not. Lets not insult. lexysis 7:06 PM @leithaus and @ed.eykholt - Will you please start putting these questions and answers into an official FAQ? cleiton 7:07 PM joined #general lexysis 7:07 PM you will save everyone so much time and energy if you will just make this basic effort to professionalize your communication amp100 7:07 PM @007 indeed but having be here for at least 300 hours I feel fucked over once again. My words aren't nasty, Greg is nasty.... Fact imo, his words not kept as usual. And these were very IMPORTANT words to keep. (edited) 7:08 Anyway I'm out. 007 7:10 PM I understand the frustration. I have been waiting months for the swap to start. Burn ratio is not what we were promised back in January. 7:12 Well now we know.... will keep my amp's, maybe sell and get into ETH. 7:12 Rchain Good luck! 7:14 In January we were speculating on 30 mil amp being swapped. Now it looks like less than 10 mil. 7:16 So far only the CORE slack members (Greg followers) swapped. Why invest here with these burn ratio, take a risk?? Cosmos already done it. tantrum 7:31 PM how many amps swapped to date greg? (edited) 007 7:38 PM @leithaus I feel deceived now. leithaus 7:39 PM If you include the ones recently pledged, but not yet processed, just under 4M. 7:39 If you include my founder's AMPs, it's about 104M. 7:39 :slightly_smiling_face: ab 7:40 PM So u have 100m or the coop (edited) 007 7:41 PM your founders amps are locked no?? leithaus 7:41 PM Thereabouts. You can check the founders' wallets. 7:41 But mine are going to be redeemed. :slightly_smiling_face: 007 7:41 PM when redeemed? 7:42 before the end of the week? 7:42 the swap is only 10 days. 7:43 you will swap in the future outside the 10 day swap window? 7:46 The swap is only for 10 days. 7:47 when you get your founder amps, you could sell them on polo and buy Rchain on the market. leithaus 7:53 PM No. They will be redeemed. 007 7:58 PM you could redeem you founder amps now??? Before the 10 day swap period? 007 8:04 PM First I don't think that you have a special option to swap amp's at any FUTURE date! it's in 10 days or never! (edited) libertyzeal22 8:16 PM joined #general libertyzeal22 8:17 PM at what point in the redemption process should i receive a confirmation email? tantrum 8:18 PM 104 millino amps ???? :thinking_face:# 007 8:21 PM @leithaus This is a big lie! you don't have 100 mil amps. you have 25 mil. 8:21 https://blog.synereo.com/2016/09/16/synereo-burns-half-of-all-amps-in-existence/ perlis 8:21 PM if I hold them to exchanges, how do I swap them? 007 8:23 PM 100 mil amps for 4 founders!! For a math wiz your numbers are not adding up. tantrum 8:23 PM oh so the general hockey pockey stuff! its "pledged" :joy: leithaus If you include the ones recently pledged, but not yet processed, just under 4M. Posted in #generalYesterday at 7:39 PM (edited) 007 8:25 PM He also said: " If you include my founder's AMPs, it's about 104M " 8:28 Oh-boy... glad we found out all the info now before swapping! Greg is using random numbers in his calculations. tantrum 8:28 PM tantrum 8:28 PM :joy::joy::joy: leithaus 8:29 PM Sorry, i just forgot what was in the founders' wallets. 8:29 That's why i said check. :-) 8:30 But, my AMPs will be redeemed. libertyzeal22 8:30 PM Well, I just redeemed my vast fortune of 20k AMPS, lol.. leithaus 8:30 PM :-) 8:31 Yay! 8:32 i'm just glad we can help out everyone who wants to continue being a part of the platform. libertyzeal22 8:33 PM That's just it, I wanted to invest in a technology platform, not a marketing campaign. ab 8:33 PM Well, if some of u naysayers think holding amps with Dor is less of a risk, then u are simply diluding yourselves.. libertyzeal22 8:35 PM Is there anyway to confirm a successful redemption? 007 8:38 PM @leithaus are you planning to liquidate your amp founder wallet in the future? ab 8:39 PM Well @leithaus , for better or for worse I am casting my lot with Rchain, because ultimately I think it has the potential to be the first truely scalable blockchain platform. rilly 8:40 PM Was Synereo "legally bound" to produce RChain? If so, what are you doing to recover this funding? Are you even getting any of your founders AMPs from them instead? leithaus Instead only 11% of the treasury has been transferred to a company that is legally bound to develop on the platform. Posted in #generalYesterday at 6:30 PM rilly 8:50 PM Ohh well that's rather important but not really because RHOCs expire at the end of 2018. Then you can issue more Revs instead. But no one has claimed Revs will be the sole staking currency on Rchain so you can make more tokens after that. LOL Pinned by fdt leithaus As we posted back in February, we will burn the difference between what's in circulation versus what's redeemed. Posted in #generalYesterday at 6:39 PM 8:51 1.12. Promotional Credits are valid for a limited time only and expire on December 31, 2018. Failure to use Promotional Credits to receive Eligible Services before such expiration date will result in the forfeiture of Promotional Credits. We reserve the right to modify or withdraw this promotional offer or cancel Promotional Credits at any time. No refunds will be granted for any expired or cancelled Promotional Credits. 8:51 source https://redemption.rchain.coop/#!/eligibility-check 8:54 And every hoop you jump through could require more stringent identification. (You might not care but the market certainly will.) amp100 8:55 PM @tantrum when Dor said that, just now? 8:55 So Greg can't acces his AMP's and yet he says he can swap them within the swap period? I smell another lie? (edited) rilly 9:02 PM See there is this problem with defining AMPs. 9:03 Greg can just issue himself RHOCs and say he redeemed his AMPs. 9:04 Don't assume that means that he will have AMP omni assets to sell in order to fund Rchain. 9:06 Or perhaps this is part of some deal he struck with Synereo LTD that he won't help recover the crowdfunds if they give him those amp omni assets. 9:07 That is probably the best you can do but maybe since the bnktothefuture thing is in the US you could make a case there. amp100 9:07 PM @leithaus Please respond to this: how will you redeem your founders AMPs if you don't have access to them as Dor controls it and makes the rules? (edited) rilly 9:15 PM And until he sells those AMP omni assets and they get mixed with the rest there is a risk that Synereo LTD could void them and refuse to use them to issue AMPs on their blockchain (assuming thatn's not RChain, etc) 9:15 AMPs and RHOCs are IOUs for we know not what darkpill 9:41 PM WTF is the developer posting memes and calling them infographics? There is no transparency here. You guys need to get your shit together, or I'll be publicly calling this out as scam. (edited) biophil 9:50 PM joined #general biophil 10:13 PM When I sent my AMPs to the target address given to me by the redemption website, I had this crazy idea that the redemption process would be the following things: 1. Documented somewhere 2. Transparent 3. Automated 4. HonestSo far, it appears to fail miserably on points 1-3, and we're still waiting to see about point 4. I sent a small enough amount that I won't lose my house if it turns out I've been scammed. My message to whomever is in charge of this: You should be embarrassed by your lack of professionalism regarding this swap. (edited) rilly 10:30 PM The less RHOCs you claim the more they own! I guess they say they will burn some but Greg will be issuing himself RHOCs for his founder AMPs (even though Synereo may not giving them to him) so he will have a shitton and thus burning will be more profitable to him personally. 10:32 They make the redemption as unattractive as possible and hardly promote it anywhere so they will have a larger share of RHOCS. (edited) 10:33 It is just so Greg and Synereo can pacify AMP buyers so they won't pursue legal action, or so they can win a defense. dandelion 10:57 PM https://ourchain.slack.com/archives/C2Y8CJ6HW/p1491763150920950 so in regards to that, what does the founders AMPs count as? redeemed or in circulation? Pinned by fdt leithaus As we posted back in February, we will burn the difference between what's in circulation versus what's redeemed. Posted in #generalYesterday at 6:39 PM 10:57 AMP founders wallet only has 60M AMPs now http://omnichest.info/lookupadd.aspx?address=3AKjXkuBEyaXfuXVfdf1VUBAzGPR49NifM 10:58 Well there's the vested founders wallet too with 40M http://omnichest.info/lookupadd.aspx?address=1FWdJYjZzwJJd1JSGTHLABZqp9kCCRPTnk 10:58 Data taken from: https://docs.google.com/spreadsheets/d/1r1G-ROS4vgHK84qfn1CBIxuXZQCCvIicCTQSxW1T_mo/edit#gid=1394495455 libertyzeal22 12:07 AM @biophil did you get a notification email of any kind? fweili 12:35 AM Hi, can someone let me know when the batches of redemption will be done? I submitted my first try over 36 hours ago and still haven't seen the RHOCS. ab 12:36 AM i think it was said either tonight or tomorrow night fweili 12:49 AM Thanks! amp100 1:38 AM @leithaus Help these guys out, seriously what are you waiting for?? 1:40 You promised for max 24 hour conversions. Again you didn't kept ur word. 1:41 Another thing, I just found another lie of yours. You said you would swap 25 million founders AMPs. This is incorrect and you know it! You can NOT thouch the founders AMPs as Dor decides when they can be moved. 1:42 So explain to me how you will get your founders AMPs into Rhocs? Will you do a secret deal later on when you finally have access to your AMPs? Please inform us if that is a possibility or if you can not do that. biophil 3:13 AM @libertyzeal22 no notification email. leithaus 5:01 AM The next batch will be run tomorrow. blo 8:13 AM I had my AMP in 2 different addresses. I ended up going through the redemption process twice and used the same email both times. I hope that doesn't cause any problems. tomtreeleaf 10:41 AM Still awaiting Rhoc. Man. This has been one painful experience from start to end. 10:42 I certainly hope we can get this redemption soon so you guys can get back to tech. tantrum 11:55 AM @amp100 dor said that a couple week ago darkpill 12:00 PM Just publish the fucking numbers regarding supply and dev allocation publicly now. 007 12:27 PM We need to be sure that any Founder AMP's will not be swapped in the future. The swap window is for 10 days only! coininterview 2:10 PM https://www.youtube.com/watch?v=fZxnR_Dx3FE Live leithaus 2:26 PM @tomtreeleaf - we will run the next batch a little later today. Don't fret. tomtreeleaf 2:27 PM @leithaus thankyou;) peculiarity 2:38 PM joined #general peculiarity 2:42 PM hey guys cobordism 2:43 PM joined #general otomplodomo 2:45 PM Hey @peculiarity. Does the peculiarity precede or follow the singularity? peculiarity 2:46 PM precede :slightly_smiling_face: cobordism 2:48 PM trying to get amps to rhocs... first time using bitcoin again in ages... has it always been this slow?! sighh... cobordism 2:54 PM I didn't have enough btc in the amp account to pay for gas the transaction... trying to get some more btc into that account has been taking hours(!) jimscarver 2:54 PM bitcoin block time was 25mins when I redeemed... we need rchain! :smile: (edited) cobordism 2:55 PM I'll take ethereum in the interim leithaus 3:14 PM The Holding Company/Co-op agreement is here https://drive.google.com/file/d/0BySpLPycRwtNak96T1N3QzhTWGs/view?usp=sharing leithaus 3:14 PM 20170307 RHOC purchase and deferred payment agreement Executed redacted.pdf
229KB PDF from Google Drive Click to open in Google Drive mungwi 3:43 PM trying to get my private key out of my armory paper wallet... initial bitcoin core client blockchain sync is PITA, does bitcoin land have no fast sync options? libertyzeal22 4:48 PM so for receiving RHOC's is there a token contract address we need to use? 4:48 (in mist / eth wallet) pythagoras 4:51 PM Redemptionprocess with omniwallet is not working. When choosing ‘send’ it is impossible to choose the amp coin, and it’s impossible to choose the ’from adress. Tried it on several devices (macbook, iphone, windos-pc) and several browsers (IE, Safari, Chrome, FireFox), same problem everywhere. Must be an OmniWallet bug !! biophil 6:20 PM @leithaus from what I can make out from that document, the Holdings company is funding the development of Rchain by buying RHOCs at $0.05? So we exchangers are essentially buying RHOCs at $0.08-9, or for whatever our personal AMP cost basis is. Then when the exchange process ends, all RHOCs in existence have either been a. Sold to the Holdings company, b. Exchanged for AMPs, or c. Are still held by you.Is this correct? If so, what are you going to do with the remainder of the tokens in (c)? You have said something about burning them, but that appears to contradict section E.1. of the agreement you posted where it is implied that the Co-op can continue to sell RHOCs as it sees fit. mungwi 6:32 PM hah my cost basis is 0.14 biophil 6:34 PM @mungwi that's a lot better than some peoples'! libertyzeal22 7:21 PM it would be nice if there was someone here who could answer redemption questions, since it's there's only, what 8 days left? patrick727 7:23 PM @libertyzeal22 yes you need an ethereum wallet with keys that you control to recieve rhocs. myetherwallet works well. You will need to add cutom token in order to see it libertyzeal22 7:23 PM @patrick sure, I have the core wallet, but for the custom token I don't know the contract address? 7:24 @patrick727 oops, wrong patrick, see other message :smiley: patrick727 7:25 PM To see RHOC in myetherwallet.com choose add custom token, address 0x168296bb09e24a88805cb9c33356536b980d3fc5, with 8 decimal places amp100 7:44 PM @leithaus Greg keeps ignoring important questions and keeps being a liar. he said he would swap his founders AMPs (25 million) during the swap. But he fully knows that he can not swap them as he doesn't have acces to them as he need Dor to give the OK before founders AMPs can be thouched. So AGAIN Greg, what will happen with your founders AMPs in the future? Will you create a back door so you can swap outside of the swap window? What can we expect? (edited) amp100 7:52 PM All his lies and delays and the damage he did to us investors for wasting so much time will haunt him for a very long time. Greg I advise you to be more clear and keep your words. blo 7:56 PM 25 million AMP! That's a nice amount to hold. coininterview 7:56 PM its actually 100 million libertyzeal22 8:02 PM @patrick727 thanks, that's exactly what I was looking for, unfortunately my balance still shows 0 though.. patrick727 8:03 PM That's unfortunate, I know the next batch process is happening soon. libertyzeal22 8:04 PM @patrick727 thanks, been 26 hours since I submitted it approx patrick727 8:09 PM No problem, these questions of issuance are interesting. keep in mind these tokens are meant to run the RChain platform, it's not equity. Co-op and Holdings intend on running the platform. jessecouch 8:13 PM This is a meta-coin so all the coins start from a single source. I think the coop has 800 million coins. Is that what 800 million wallet is? fredmadrid 8:58 PM joined #general rilly 9:06 PM If you are wondering who @patrick727 was talking to it was me before the comments were deleted. Was the COOP consulted? Does anyone have any say or knowledge in the negotiations between Synereo LTD and Greg Meredith? Does anyone care whether Greg is issuing himself RHOCs for his founder's AMPs without actually recovering or contributing AMP omni assets to the development funds? The only way the community will have any control is by issuing your own tokens. #a-fork-of-rchain (edited) 9:08 And participating in uncensored social networks like https://www.reddit.com/ethereo/ reddit Synereo/RChain evaluations and alternatives • ethereo Synereo/RChain is the latest of the cryptocurrency to be sold before they abandoned their pre-sale commitments. With proof-of-work becoming... libertyzeal22 9:08 PM Dumb question, who is Greg exactly otomplodomo 9:19 PM He is the CEO of rchain. Chief Scientist. (edited) libertyzeal22 9:21 PM @otomplodomo okay, then so yeah, I'm going to trust that guy, there is no RHOC without him. The value of RHOC is literally in his mind and the people who help him. rilly 9:31 PM That value being quite different from the future market value. (edited) rilly 9:36 PM Although being that issuance is entirely centrally managed by someone who has a history of abandoning explicit and implicit promises and expectations, he should be a lot more informed to make a judgement of what the future market value will be as compared with those who buy and hold RHOC. 9:38 What he is promising at this point is that you will help the development of Rchain and get early access to "services" up to a certain date; perhaps the service of producing the Ethereum token. LOL 9:41 They reserve the right to void your tokens for doing such naughty things as attempting to resell them. 9:41 Did you read the contract? libertyzeal22 10:13 PM @rilly my understanding is that RHOC's are basically placeholder tokens which we will later be exchanged for the native rchain tokens (similar to ETH) rilly 10:17 PM I thought that's what most would assume from Synereo/Rchain's marketing materials. But the contract makes no such promise and JohnMalthus tells us that at least two more fundraisers are planned and Vlad Zamfir seems to imply that these two fundraisers will involve the issuance of new tokens, Rev or whatever. (edited) libertyzeal22 10:23 PM @rilly " The promotional coupon token will then be later redeemable for a to-be-created software access protocol token on the to-be-developed RChain network. "... 10:27 @rilly definitely not your typical crowdsale, but I'd rather be holding RHOC's than AMP's rilly 10:28 PM When? What happens if they haven't launched their own blockchain by the end of 2018? It says they are void. libertyzeal22 10:28 PM @rilly where does it say that? 10:29 @rilly oh i see rilly 10:30 PM "AMP vs RHOC" those are your choices? Can't you sell AMP anonymously? You can't even buy RHOC for the AMP price without agreeing to these conditions that say you can owe them RHOC for even trying to resell them! LOL (edited) 10:31 It ends today. "After the closing of the Promotional Credits Offer on April 10, 2017, all requests for Promotional Credits in return for AMPs will be refused." (edited) libertyzeal22 10:32 PM @rilly sure, but the only reason I own AMP's at all was to invest in Rchain rilly 10:33 PM 1.12. Promotional Credits are valid for a limited time only and expire on December 31, 2018. Failure to use Promotional Credits to receive Eligible Services before such expiration date will result in the forfeiture of Promotional Credits. We reserve the right to modify or withdraw this promotional offer or cancel Promotional Credits at any time. No refunds will be granted for any expired or cancelled Promotional Credits. 10:36 Greg has not been reciprocating to "investors" in the past. You can look at his kickstarter campaign for a book. A decade later they are selling the book without giving it to the crowdfunders. 10:38 The campain included no refund or time limit, just like this one. leithaus 10:41 PM The next batch of redemption requests have been processed. leithaus 10:41 PM
"ampTrgtAddr" : "19dQWWNFqBCBNvbdPAumjeHcmbBYqyQTTB" -> "rhocTrgtAddr" : "0xE9be94b552eB81228482321710e1d8A485eC360F" 23431.0535321
"ampTrgtAddr" : "1F1w2SgiRVzyvT8ZqiS4r6sg5XtorCrPxb" -> "rhocTrgtAddr" : "0x1dffdb0eebb0e80eb22af3adbeb0070a40d384ee" 1725.12313909
"ampTrgtAddr" : "1GLhh92yegXh6qc1a3arqmD1AEDUFHds6x" -> "rhocTrgtAddr" : "0x1917aE21F1269F84fa93E9200106DCf9a4e3C513" 2412.089788
"ampTrgtAddr" : "1J6gVdzZzYUTFeD4HnXfK9PemF2soBzb3x" -> "rhocTrgtAddr" : "0xAF42df07969BA5Da676be3ED94439Ab85008aabf" 4200.00
"ampTrgtAddr" : "1BRg9TxctqzG9bUu4cVSKHyxztcTp57daL" -> "rhocTrgtAddr" : "0xB259AA92C97fbaA9001BA213680034f1D5C4C777" 13242.42527602
leithaus 10:42 PM These can be checked against both blockchains. libertyzeal22 10:42 PM @leithaus cool, checking now! dc 10:42 PM Awesome. FYI I’ve submitted a request to etherscan to have the RHOC token contract recognised in their list of verified tokens rilly 10:42 PM We can make our own tokens for those who want to invest in Rchain. The problem with the way these Rchain devs think is that they will "get Rchain built faster" by tricking "investors" over and over. It isn't working. Ethereum and Cosmos are getting way more funding by making offers that are attractive to rational investors and sticking to their commitments. libertyzeal22 10:43 PM @leithaus w00t, it worked, awesome leithaus 10:44 PM If your ampTrgtAddr is not included, this is either because you did not send AMPs to the AMP target address supplied to you, or in 1 outlier case, you provided a bad ETH address. 10:44 @dc - many thanks! libertyzeal22 10:45 PM @rilly I don't think you understand how this ICO stuff works, the devs could literally wake up tomorrow and decide not to do this, or the theoretical basis of the software might just outright fail, you are looking for guarantees and there are none in this game. rilly 11:00 PM @libertyzeal22 I've done quite well predicting the future market of ETH and ATOM. Although Rchain is likely to be dominant, ethchain or credichain could be far more profitable to those who invest in ETH or CRED. libertyzeal22 11:06 PM @rilly the point i'm trying to make is that worrying about the finer points of the contract is a waste of energy, if you don't believe the team is authentic and has a chance of delivering on this project, then there is simply no reason to invest or hang around here. rilly 11:06 PM Because Greg and Co can and will dilute Rev to the point that so many people have acquired it without much effort that by the time of the announcement that a million billion Rev will be issued for the next fundraiser, the same thing will happen that has happened with AMP. Some may rather join ethchain. At least with credichain RHOC/Rev/etc would be redeemable but the rates may not be great, at that time. 11:07 Didn't Greg deliver a book? When did I say he wouldn't deliver? After a decade he wrote a book. Didn't someone say Rchain would take a decade? 11:08 I'm here because I think they are already delivering information goods. 11:08 That doesn't mean RHOC will be a better investment than ETH or CRED libertyzeal22 11:09 PM @rilly you're constanting attacking the dudes character saying he's effectively going to do a cramdown and screw everyone, so obviously you don't trust him, so i again i ask, why are you here? 11:10 @rilly actually n/m it doesn't matter. I don't care.. rilly 11:10 PM Here is what Greg just sent me "Hello! i have had complaints about your signal to noise ratio on slack. Additionally due to limits on history you are erasing important posts. i must ask you to confine yourself to more on topic commentary and become a bit more considerate of the public resource." 11:11 So what is on-topic in #general? 11:12 I'm censoring the community because Slack sucks everything up the memory hole. LOL rilly 11:20 PM @libertyzeal22 I can speak when spoken to or no? I'm here because I think Rholang and the RhoVM could be the most advanced contract language to date.
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Digibyte core wallet sync problem fixed Bitcoin Core Network Sync Successful - YouTube BitConnect Wallet Not Syncing? The Fix! How To Instantly Synchronise Your Bytecoin Wallet Bitcoin Core Wallet sync 100% result

Many people accidentally send bitcoin to their core wallet without realizing how long it will take to sync, then decide they would like to use another wallet. Still not sure what Bitcoin is about? This guide will help you recover your bitcoins from bitcoin core, then transfer them to a lightweight wallet that is easier to use. The downloading of the blocks themselves is usually not an issue if ... You are probably still not synchronized to the network. When the client first starts up, it doesn't trust anything or anyone. So it has to validate every single thing the Bitcoin network has ever done in order to understand what coins are valid now. This can take 12 hours or so, depending on your connection speed and CPU speed. After you recover your bitcoin, consider trading on Bittrex.com, the leading U.S. based cryptocurrency exchange.. Why Bitcoin Core Won’t Sync. While bitcoin core is the original and most recognized bitcoin wallet, it is also extremely bulky and requires a ton of resources to run. Why won't my Wallet sync . It appears that you have not registered with Bitcoin Forum. To register, please click here... Similar topics (5) Wallet is corrupt (Closed) Started by dodoking. Replies: 2 Views: 13496 June 30, 2012, 02:31:30 AM by dodoking: BTCfaucet-Online faucet + wallet. Started by iBits. Replies: 0 Views: 5636 September 27, 2012, 07:51:38 AM by iBits: How do you keep your wallet ... How To Buy Bitcoin, Bitcoin Cash, Litecoin and Ethereum; How To Buy Monero; Affordable 12 GPU Mining Rig: Monero, Vertcoin, Bitcoin Gold & Ethereum ; Buy Windows 10 Pro Key For Only $14 USD; How To Mine Monero On Windows 10; Tip Jar; Contact. Guest Posting; Posted on August 5, 2017 November 30, 2017 by CC Freak. Potcoin Wallet Not Syncing Solution. 1 . 1. Share. Edit: I no longer hold Potcoin ...

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Digibyte core wallet sync problem fixed

Installed Bitcoin on my network. Helping the cause. Will be mining for BTCs. How to Repair a Qt Wallet that won't Sync. - Duration: 7:21. Crypto Command 5,118 views. 7:21. Getting your Bitconnect QT wallet to sync - Duration: 15:03. Bryan Glasgow 3,645 views. 15:03. All 50 ... #bitconnect #bitcoin. Gold will be explosive, unlike anything we’ve seen says Canada’s billionaire Frank Giustra - Duration: 20:47. Kitco NEWS Recommended for you Here I walk through how to repair and resync a PIVX Qt wallet that won't sync with the blockchain. Purchase a Ledger Nano S: https://www.ledgerwallet.com/r/a... Just to show how Bitcoin Core Wallet after done sync 100% to learn how to install just click this link i give thanks... https://youtu.be/h--qz2yupDQ.