4. Minimum 10 posts per week, including 2 mandatory posts on the ICO Announcement thread (link to thread will be updated here) 5. Maximum 20 posts per week. 6. Replies on this post will not be counted. 7. Only constructive, on-topic posts will be counted (100 characters or more) 8. No spam, flaming, single word (or image), short sentences – bump, “me too”, “thanks”, other forum(off-topic, meta, Politics & Society, Beginners & Help,Archival, Auctions, Lending, Games and round), posts on or other obviously crappy posts WILL NOT BE PAID. 9. You must use the provided signature code for your member level. 10. Rank at Wednesday 12 noon (UTC 5 am) will be considered for the week. If rank changes midweek, new rank will be considered for the next week starting Wednesday. 11. Signature code must remain in place for the entire duration of your participation in the campaign. No other signature code / advertising allowed in your signature while you are participating in this campaign. 12. Checks will be done during the signature campaign. Failure to comply with any of the rules will result in no reward for that week. 13. Progress of the signature campaign will be updated on the post weekly. 14. Newbies and Accounts with negative trust cannot join. 15. Change of rules/signature will be done in this post only (there will be no separate post). It is the responsibility of the participant to stay updated. 16. Signatures for the ranks are given below. Please keep the signature that corresponds to your rank.
Junior Member Code:
center][url=https://bitcointalk.org/index.php?topic=1755823.0]▰▰★ [b]RESPECTONOMY[/b] ★▰▰ ★ A Decentralized Social Network ★ ICO 1st Feb ★[/url]
Member: Code: [center][url=https://bitcointalk.org/index.php?topic=1755823.0][u] ▰▰▰▰ ★ [b]RESPECTONOMY[/b] ★ ▰▰▰▰ [/u] ★ A Decentrailized Social Network ★ ICO Launching 1st Feb ★[/url][/center]
Full Member: Code: [center][url=https://bitcointalk.org/index.php?topic=1755823.0][color=navy][u] ▰▰▰▰ ★ [b]RESPECTONOMY[/b] ★ ▰▰▰▰ [/u][/color] [color=black]★ A Decentrailized Social Network ★[/color] [color=navy]ICO Launching 1st Feb[/color] [color=black]★[/color][/url][/center]
Senior to Legendary Member: Code: [center][url=https://bitcointalk.org/index.php?topic=1755823.0][color=navy][size=14pt][u] ★ [b]RESPECTONOMY[/b] ★ [/u][/size][/color] [size=12pt][color=black]★ A Decentralized Social Network ★[/color][color=navy] ICO Launching 1st Feb [/color][color=black]★[/color][/size][/
The Ripple Data team will be running load balancing tests on
Ripple Data API starting Wednesday, 2017-01-18, at 2pm PST, which will
last approximately 15 minutes. The Ripple Data API is an open and free
resource that provides access to information about changes in the Ripple
Consensus Ledger, including transaction history and processed
If you operate software or services that rely on the Ripple
Data API, then we recommend that you alert end users with the relevant
information provided in this post.
Impact of Tests
If you operate software or services that rely on the Ripple Data API,
then you may experience a brief outage and / or inconsistent data,
including transaction history and processed analytical data, for a
period of approximately 15 mins.
For more information regarding the Ripple Data API, please see Ripple Data API Documentation.
Learn, ask questions, and discuss
Related documentation is available in the Ripple Developer Portal, including detailed example API calls and web tools for API testing.
The Ripple Forum
The Ripple Dev Blog
Ripple Technical Services: [email protected]
State of the Layer: All Hands – Jan -17 2017
Lightning network exploration / output-based conversions
Updates for Litecoin Omni port
Improving external communications
DEx tutorial / volume and automation
Core.ID discussion / protocol needs
Report on transaction volumes
Tracking usage and relevant stats on omniexplorer
Adding Dex transactions to Coinmarketcap
Continuing to look into multisig/hardware wallets support
Follow-up Interview w/ Coininterview
Business development re: multisig wallet sponsorship
Getting organized to push OmniArb prototype live.
Spec work to prepare for futures crowdsale
Work organizing the sales back-end for BOND and other products
Initial treatment for Registered Addresses/Stocks on blockchain
Ported Omni Core to 0.13.2:
Used non-segwit serialization for OmniJ:
Started to look into building Omni Core via Gitian to resolve issue with icons and installer:
Working on API performance improvements & scalability
Fixed outage caused by API threading
Continuing work on port
Lots of increased interest, requests for guidance (we need to improve introductory documentation)
Ongoing Communication with project
Nav Coin offers an Android Wallet. The wallet can be downloaded from the Play Store right here!
Setting up your Android Wallet is easy and fast. The Android Wallet does not require you to download the Blockchain on your phone.
You will not be able to stake your coins since you are not running a full node wallet. To run a full node wallet go to this guide.
A mobile wallet for iOS is being developed and we hope to offer this as soon as possible to all Apple users.
1. Download the Android Wallet from the Play store.
2. Create a new wallet
3. Save your recovery phrase on a safe place
4. Set a strong password to protect your wallet
5. Select the Nav Coin Wallet option
6. Your wallet is ready for using!
7. Your wallet address can be found in the receive tab.
You now have a fully working Nav Coin Android Wallet that you can use to send and receive Nav Coin.
are proud to announce that Ledger Wallet now officially supports
Stratis. We are number 8 to join the impressive list of cryptocurrencies
that Ledger Wallet supports: Bitcoin, Ethereum, Litecoin, Fido U2F, Dogecoin, Zcash, Dash and last but not least Stratis! With
the support of Stratis from Ledger Wallet another huge milestone became
reality. Just by looking at the other coins that are supported by
Ledger Wallet you can imagine what a big achievement this is for all
of us. You can use the Ledger Wallet with our new Electrum Stratis Wallet.
With the new wallet and the support of the Ledger Wallet you have the
possibility to add an extra security layer for your STRAT.
With the Ledger Wallet secrets like private keys are never exposed.
Transactions can’t get tampered with, they are physically verified on
the embedded screen with a simple press on a button. Needless to say you
can keep your STRAT more secure then ever before. Stratis is available
on the Ledger Nano S. Stratis will also be available on the Ledger Blue,
however at the moment the Ledger Blue is only available for pre-order.
Ledger Nano S
is a Bitcoin, Ethereum and Altcoins hardware wallet, based on robust
safety features for storing cryptographic assets and securing digital
payments. It connects to any computer (USB) and embeds a secure OLED
display to double-check and confirm each transaction with a single tap
on its side buttons.
is the most advanced hardware security gear on the market. It boasts
multi application execution, and packs enterprise-level
crypto-capabilities into a lightweight handheld device designed and
crafted in France. It is architected around a Secure Element, featuring a
touchscreen and USB & Bluetooth* connectivity.
To celebrate we are giving you the exclusive opportunity to buy a
limited edition Stratis Genesis Edition Nano S. We have a limited supply
of Stratis Genesis Edition Nano S. You can order one
per person right away after this blog post is released. You can order a
Stratis Genesis Edition by sending a direct message on Slack
to Krushang . Only long-term Stratis supporters apply. Only 15 will be
sold. So be quick if you don’t want to miss out on this unique
By purchasing the Limited Genesis Edition you receive the following:
Stratis Genesis Edition Nano SUSB CableInstructions and recovery sheet
For more information about Ledger Wallet we recommend you to take a look at their
website. Complementing the instructions you receive with the purchase
of a Stratis Genesis Edition it’s worth it to take a look at the
And last but not least we want to remind you on the following things:
If you aren’t a member of our community on Slack we hereby invite you to joinlatest version (v22.214.171.124). This update prevents older clients from connecting to the network.If you still have unclaimed Stratis coins, now is the time to claim them.
For now keep your STRAT safe, the future is bright for all of us!
If your wallet is encrypted, fully unlock the wallet (not just for 'staking only').Click "Advanced", then click "Voting" to launch the voting menu.Right-click on "Have you tried trading GRC on BitShares?"Click "vote".You have as options: Yes (on OpenLedger; BTSBOTS; BTSABC; FreedomLedger; TheDEX; GRCs custom web wallet; Bitshares light wallet), No
(I've not heard of Bitshares; I don't like Bitshares; the liquidity is
insufficient; I'm put off by the fees; I prefer centralized exchanges; I
prefer bitsquare; I don't trust it), Other or Abstain
Linux users (QT Wallet/daemon):
Fully unlock your wallet.Navigate to the Debug Console (Help - Debug Window - Console (tab) )You have as options: Yes (on OpenLedger; BTSBOTS; BTSABC; FreedomLedger; TheDEX; GRCs custom web wallet; Bitshares light wallet), No
(I've not heard of Bitshares; I don't like Bitshares; the liquidity is
insufficient; I'm put off by the fees; I prefer centralized exchanges; I
prefer bitsquare; I don't trust it), Other or AbstainEnter one of the following commands:e.g. vote with "Yes, on OpenLedger" like this: execute vote casual_poll_:_have_you_tried_trading_grc_on_bitshares? Yes_on_OpenLedgere.g. vote with "Other" like this: execute vote casual_poll_:_have_you_tried_trading_grc_on_bitshares? Othere.g. vote with "No, I've not heard of Bitshares" like this: execute vote casual_poll_:_have_you_tried_trading_grc_on_bitshares? No_Ive_not_heard_of_Bitshares
(A): Poll results on Gridcoin Research Corp are still calculated
by the old formula when magnitude and balance was 50%/50%. GridcoinStats
displays poll results by the new formula that was voted new ca. a month
This is a minor release that improves renter performance and
adds "defrag" behavior to the wallet. Previously, we have had issues
with the wallet accumulating too many small outputs and thus being
unable to fund large transactions. This isn't an issue for most users,
but it can affect high-volume wallets, notably exchanges. The new wallet
will regularly consolidate small outputs into one larger output.
Thanks to the new renter algorithm designed by @DavidVorick,
we are seeing upload/download speeds that saturate most residential
connections! This is a huge improvement over the previous algorithm.
However, memory usage may be substantially higher than before. We are
working to reduce memory usage in the next release without compromising
As before, you should be able to upgrade to v1.1.0 by running siac update. If something goes wrong, you can always update manually -- but please file a bug report or get in touch on our Slack.
Thanks as always to our contributors, users, and fans, and a special shout-out to @BitcoinErrorLog who submitted a PR to this release!
Despite the recent turbulence in the bitcoin market, INSANE keeps trading stable. Sporadic oscillations in the price range are giving short term traders good opportunities, though we continue to focus our work on a slow but constant grow in a medium/long term scenario.
PascalCoin miner is fully open source without proxy. Is a "all in one" that you can use to mine (GPU and CPU) using OpenCL drivers installed in your computer. Is partially based on Vorksholk optimized .cl file, but without some limitations: - You can use a miner name without length restrictions - Miner connects directly with PascalCoin wallet (without proxy) and uses Wallet miner name, adding the miner name specified when executed - Just try it... very easy to use
How to mine: - Execute Wallet and config Options menu: Set a "Miner name" and activate JSON-RPC Server miner port - Execute through command line "PascalCoinMiner.exe" adding params. Execute "PascalCoinMiner.exe -h" for help - Miner will connect with Wallet and get Wallet's miner name. Miner will also have a Miner name that will be added to Wallet miner name. - Resulting name will be: Wallet miner name + Miner name + auto padding (Auto padding are - chars to have an efficient length to mine) - Just wait
How to "Pool mine": (Example for pool operators) - This Miner allows to connect to a Pool server (using PascalCoin JSON-RPC miner protocol, similar to stratum) - Pool server will have a name, for example "poolserver" - Each client must use a "user name" provided by pool server that will be added to "poolserver" when mining. - When a miner founds a valid nOnce/Timestamp, will send those values to the server - Server will receive a JSON with "timestamp","nonce" and "payload", payload value will be "poolserver"+"user name"+"auto padding" - Pool Server will decode JSON, test if using "timestamp","nonce" and "payload" is correct, and then will obtain "user name" from "payload" to reward users
**Important Announcement** Peerplays Crowdfund DateThe Peerplays team would like to announce the official crowdfund date.
The Peerplays crowdfund will begin on Sunday, February 26, 2017 at 15:00 UTC.
Details of the Peerplays crowdfund will be released in the coming weeks.
Please stay tuned to Beyond Bitcoin every Friday morning at 15:00 UTC for the latest Peerplays updates,
including live Q&A with Peerplays founders Jonathan Baha’i and Michael Maloney.
On behalf of the Evolution Backend team I’m pleased to announce the ‘testnet’ release of Dash Payment Processor. This system is meant to be operated by a merchant to allow for the usage of Dash as a payment option without third parties being involved.
The quickest way to get a feel for how this system works is to visit http://payment-processor-testing.slayer.work and
place an “order”. You’ll notice that after the submit button is pressed
a response will be provided back containing payment information. If the
requested payment is sent you’ll see a “Payment Callback” occur. It’s
also worth mentioning that this system fully supports InstantSend.
Included in this release is a WooCommerce Plugin. This plugin was
created to act as a “Proof of Concept” for the system as a whole. It
enables WooCommerce to use the Dash Payment Processor as it would any
other payment method. Plugins and extensions for other e-commerce
platforms can be developed in the same way; these libraries facilitate
the checkout process and also allow for block confirmations to occur
before the sale is finalized. A demonstration of this plugin is
available at http://store.slayer.work.
Dash Payment Processor uses a BIP32 HD Wallet Seed or Electrum Wallet
Seed as the basis for Payment Address generation. More information on
this and other mechanics of the API is available in the Official Project Wiki.
Interested in setting up your own Payment Processor? There’s a bit of
setup involved, if you have any questions please contact me through PM
and I’ll try to give you a hand as quickly as I can.
Prerequisites (Ubuntu 14.04 or 16.04 recommended):
nano AppConfig.js // configure wallet seed and worldcoin api key
cp DBConfig-template.js DBConfig.js
nano DBConfig.js // add mysql database user/pass
mysql -u<mysql username> -p < mysql-schema.sql
At this point, you should have a full Bitcore node up and running.
This node will sync the entire Dash Blockchain and provide a local
Insight API that the Payment Processor can use to detect and verify
transactions. At this point we can proceed with installing the
EXPANSE NEWSLETTER -Tendermint Testnet and Bond System Update Welcome to the second edition of the Expanse Newsletter for 2017! This publication is a bi-monthly newsletter issued on the 1st and 15th of each month to share happenings with our community. Keep in mind that breaking news can come at any time, but the Expanse Newsletter is a great overview of progress, news, and our current focus.
NEWS THAT IS HAPPENING NOW
In this edition of our
Newsletter, we are sharing progress with Tendermint Testnet and our new
Bond system, including information about how the Bond system works so
that the community can provide feedback before it goes live. Starting
with Tendermint: Testnet is running, but right now it is hit and miss
and not working smoothly. This simply means Tendermint dPoS will take
more time. We are in contact with the developers, and the issues will be
worked out and resolved soon. In contrast, the code for the Bond system
is already written. Expanse developer, Dan Conway, projects that the
GUI for the bond system will release in days. So let’s look at it in
The bond system, as it currently stands, is based on
buying Bonds of EXP in units as small as 100 EXP each. So almost anyone
can afford to buy some EXP Bonds, give them as gifts for friends and
family later, and so on. The timeline at present for Expanse Bonds to
mature is one year, with payments (rewards) happening every 30 days for
holders. For example, let’s say someone buys 1 Bond of EXP, (Each Bond
is 100 EXP), that would issue a 1 EXP reward for every 30 days. In
another example, holding Bonds worth 10k EXP would pay out 100 EXP per
month. So after one-year, 10,000 EXP would total 11,200 EXP, which is a
solid reward for long-term holders and a nice monthly payout.
The Timeline for locking up EXP to mature is one year currently, but it
is also possible it could be 3 months, 6 months, 9 months, as well, and
this is currently being discussed in the Expanse Slack.
help everyone better understand this system here is information from our
lead dev, Christopher Franko, on how the Bond System will work:
bonds are investment tools used by companies and governments to raise
capital. The EXP.BOND differs in that the capital raised from bonds only
serves to incentivize holding Expanse – more like a self-funded,
secured savings account.Test EXP.BONDS will cost 100 EXP, pay a
coupon rate of 1 EXP per month, and have a maturity date of one year
from the time of purchase. Bonds also have a multiplier for every 100
EXP used to purchase the bond.The objective of the Bond system is to incentivize buying and holding Expanse off of the exchanges.
has 1000 EXP and wants to buy an EXP.BOND. She sends 1000 EXP to the
bond contract using the contract.buy function. The contract then creates
an EXP bond with a 10x multiplier. The 10x multiplier essentially says,
“Alice bought 10 bonds at the same time and they are all bundled
together into a single bond.” Every month Alice will be able to redeem
10x the amount of the coupon, which turns out to be 10 EXP per month.
After a year has passed, she will be able to withdraw her original 1000
EXP invested. So she puts in 1000 EXP, earns 10 EXP per month that she
can withdraw at any time, then after the maturity date, she can withdraw
the initial 1000, making a grand total of 1120 EXP or 120 EXP profit a
year per for every 1k EXP invested.
Note: A Graphic User
Interface for the Bond System is being built so people will not need any
technical expertise to set up an Expanse Bond. It will be very easy for
So, when will everything be
ready? The standard answer, of course, is that the project is ongoing
and always improving and growing, but Q2 2017 is when we are looking at
all the main features, like the DAO and everything else previously
talked about being fully operational. The Bond System, however, will go
live momentarily – within the next ten days.
Tendermint dPoS will
take time for developing and testing, but assuming this remains the best
candidate, it is realistic to assume this could take up to a few
months. Much depends on how quickly issues can be worked out and if this
remains the best option for Expanse. So far, it still does appear like
Tendermint dPoS is the best option going forward, but much more testing
is needed to be sure.
Make sure and check out the latest
Roadmap for more detail, and we do have a new White Paper and Roadmap on
the way that will be updated to reflect all the new things going on
with Expanse now.
If you have not already joined the Expanse
Slack, please do so, take advantage of the friendly community of over
1500 people. This is the best place for providing feedback on
developments like the new Bond System. You can ask the Expanse team and
community questions directly.
are still seeking four new highly-motivated candidates to join the
Expanse core contributor team. Pay will depend on experience, and
bonuses will be given for securing foreign (to the USA) exchanges in
their respective regions. Pay also depends on overall activity and
results. It will not be paid in advance, but every two weeks. Pay will
be in EXP only, not BTC.
We are seeking four International
Business Development candidates who are fluent in English and Chinese
for the Chinese Business Development position; English and Russian the
Russian Business Development position; English and Japanese for the
Japanese position; and English and Spanish for the last position.
join the Expanse Slack channel if you think you are up to the task.
Only a part-time commitment is required, but we are seeking people
looking for permanent positions who would help increase the value and
awareness of Expanse to China, Russia, Japan, and various countries
As we are getting
closer to launching the Expanse DAO, and as upcoming changes could be
decentralizing the funds or perhaps creating a revenue stream for the
future of the DAO, we are now considering candidates for the Advisory
Board from the Expanse community to join the project. If you are
interested in joining the Advisory Board, the best way is to be active
in the community and help the project along with constructive feedback
and great ideas.
LIST OF CURRENT PARTNERSHIPS AND WORKING RELATIONS
official DAO reserve is still at 10 million and in cold storage,
untouched. This will not be used at all until the DAO is implemented,
and then by design, only a small amount at a time can be voted to fund
various elements of development. The team reserve is at 77,283 and is
planned to be used to fund development until the Expanse DAO is live in
the next few months.
We have reasons to be happy! The Nxt Community has reached 1,000 users on its SlackDamelon, of the Nxt Foundation, on the 19th of January, 2016, and has been steadily receiving new users throughout this period.
For its part, stats on Nxtforum also
look nice. During December and January, over 1 900 new members joined
the forum. Nxt has the technology, the team, and the best community.
Come on and join us!
an asset, was created to reward those Janus investors with over 2 000
000 tokens, who will receive this new asset in addition to the Janus
tokens they already hold. Owners of JanusEX will receive 40% of all the
income from the online casino betterbets.io,
which will be added to the current dividends of the asset. This
revenues will start on March 2018, and will take place on the first day
of every month.
We are now adding value to Janus tokens through multiple
sites and businesses, there is also the option for larger holders to
acquire some income exclusive to them as well.We will be adding more
dividends to both Janus and JanusEX as development progresses through
Expect some surprises to boost token value and options to increase passive income for people who are interested.
JanusEX Init Quantity: 500 Quantity: 500 Decimals: 3 Account: NXT-QG74-VNQK-7FQ3-4KFBA ID: 6779968929899743948 ASK: None NXT (amount: Zero) BID: 10 NXT (amount: 1) This token is given to investors who hold a balance over 2 million Janus tokens. This token entitles you to 40% of Bitcoin income from https://betterbets.io casino and games. Income starts March 2018 and continues throughout the entire life of the site. Dividends will be paid the first of each month indefinitely. Janus tokens Asset ID here: 4348103880042995903 Email: [email protected]
Betterbets.io – Betting with NXT will Improve Dividends to Janus Token Holders
The day has come to include the use of NXT at Betterbets.io.
The Janus team has issued a press release, addressed to both investors
and players, which explains the details about the inclusion of NXT in
this betting platform. They state that 90% of the profits coming from
NXT betting will be given away to the owners of the Janus token.
This update will be adding the option to bet with NXT, we
are sure most of you have heard of it. The reason we felt this currency
was a valid addition for BetterBets, was because of the great community
and developers that Nxt has built since it’s launch in 2013. Our staff
have become a part of the community as well, and we are learning very
quickly that their blockchain and wallet software is an incredibily
powerful business tool.
The Janus team seems to be in constant evolution, always trying to
evolve the conventional business and combine it with the blockchain
technology, which will bring short and long term revenues to the owners
of their token.
This past week marked the end of the sale of the first 250 000 assets for sale by DeBuNe,
thus ending the first phase of the funding campaign launched last
August, which included special prices for those nxters who bought the
asset through the Nxt Asset Exchange. It has been a long and silent
process, due to non-disclosure agreements that don’t allow the team to
publish much news about what they are doing. With this, the initial
phase of funding ended and, soon, the following phase of the ICO will
…I am so excited that we are getting close to launching
the ICO. Guys, you have no idea what a crazy amount of things launching
an ICO requires… with DeBuNe we have TONS to show everyone with the
efforts already done. It should go great, and if all is as I hope, then
those of you who got some in the AE will have quite a treat when
exchanging them in the future. Thanks for all the support from everyone
DeBuNe ICO’s roadmap outlined:
DeBuNe will have an ICO toward the end of the year,
beginning of next year. A lot of news will be released, and there will
be a distribution of the coins. 250000 will be sold in the ICO, and
250000 will be given to the asset holders with an average holding
calculated in a period that will be announced (something similar to the
ardor distribution). I have put some DeBuNe assets at 19 NXT each in the
AE, and 15k more will be made available in the next weeks at a higher
price until a total of 250000 assets are circulating in the Nxt AE.
The ICO will sell for definitely more than 20NXT per coin, so this is an soft offer for NXT holders.
espite Capodieci’s discretion, as a logical consequence of NDAs, which are very common in these type of business, user Amalgamusweb page where DeBuNe and Roberto are listed as members of a remarkable business initiative which offer collaborative solutions to important investors all around the world, which include banks and other big corporations.
As we announced in our previous newsletter, the design of Ardor will allow business that are interested to build an exchange on this platform by means of a child chain on Ardor. The new feature that will be added to Ardor in order to allow this functionality is called Coin Exchange. This will allow trading one child chain token for another or to Ardor tokens. Bit by bit, the core developers are making significant progress in this aspect and they are showing us these new functionalities that will be included. This time Damelon, member of the Nxt Foundation, has shared some images regarding potential BTC-USD trades on Ardor.
Assets are defined globally, they are not on a particular
chain. You can buy and sell an asset on any chain. The prices are in
the units for that chain. That means the same asset can have different
prices depending on the chain. Which makes sense since the coins will
have different values.You may be thinking about exchanging coins from
chain A for coins from chain B. When you do this, you specify the number
of chain A coins that you want to exchange and the maximum price you
will pay for chain B coins. For example, if exchanging USD for EUR, you
could exchange 10.00 USD at a price of 2.00 USD/EUR. You would be able
to buy at least 5 EUR and possibly more depending on the exchange
Your order would be matched with an order that wants to exchange EUR
for USD. Say that an existing order wanted to exchange 2.00 EUR at a
price of 0.80 EUR/USD. Which translates to 1.25 USD/EUR. The exchange
uses the price from the oldest order, so the exchange price is 1.25
USD/EUR. You receive 2.00 EUR since that is all that the seller had
available. In return, the seller receives 2.50 USD. His order is
complete but yours is still open since you still have 7.50 USD available
About child chains bundlers:
Anybody can bundle child transactions. But you must have
ARDR. When you bundle child transactions, you create a child block
transaction which is included in the next block. You receive fees from
the child transactions and you pay ARDR for the child block transaction.
You can use the child coins to create your own transactions or exchange
them for another coin (including ARDR if somebody has ARDR they want to
get rid of). There is a Coin Exchange similar to the Asset Exchange and
the Currency Exchange where users can trade child coins with each
About the fiat gateways:
Nxt 2.x will contain a Coin Exchange where users can
trade child coins with each other. So the value of a particular coin
will depend on what people are willing to pay for it using one of the
other coins.The value of a child coin measured in an external coin such
as Bitcoin will depend on whatever gateway is used to exchange the child
coin for Bitcoins. If the gateway used a 1:1 ratio, then that would
indirectly value all of the other child coins since they could then be
measured against Bitcoins using the exchangeable coin as a proxy.
About the chain where a coin transaction will be:
The transaction is in the chain for the coin you want to
exchange. The exception is that any exchange involving ARDR will be in
the main (FXT) chain since ARDR exchanges affect forging and cannot be
You can issue a coin exchange from any chain coin to any other chain coin.
You specify amount and price.
Amount – the number of your coins that you want to exchange.
Price – is the number of your coins that you want to pay for one of the exchange coins.
For example, if you are exchanging USD chain coins for BTC chain coins, the price would be the value of 1 BTC in dollars.
Order matching works the same way as order matching of the current asset exchange.
In addition, each chain can now use different number of decimals, for example 8 decimals for BTC and Ardor, 2 for USD chain.
About the coin in which the fees will be payed:
When exchanging USD for EUR, the transaction is sent to
the USD chain and the fee is paid in USD. When exchanging EUR for USD,
the transaction is sent to the EUR chain and the fee is paid in EUR. It
takes 2 transactions for an exchange and both parties pay transaction
fees in their respective coins. The coin exchange is similar to the
asset exchange except there are 2 prices involved. One way to look at it
is that each exchange order contains a buy price and an ask price. If
you are exchanging 5 USD at a price of 2.00 USD, then your bid price is
2.00 USD per EUR. Your order has an implicit ask price of 0.50 EUR per
USD. That is, you won’t pay more than 2 USD for one EUR and you won’t
accept less than 0.50 EUR for one USD.
NXT IN THE MEDIA
E-Forex Magazine – Keeping Up with the Blockchain
This articleE-Forex Magazine,
written by William Essex, explains what changes such a disruptive
technology as blockchain can bring us by opening up a new range of
possibilities. In fact, current players in this field are already
changing the way they think and are trying to use the power of this
technology for a wide-range of solutions.
The text includes opinions from entrepreneurs, CEOs, and business and
community representatives who are starting to explore and use
blockchain technology. Among them is Dave PearceNxt Foundation, who talks about FX operating on the blockchain, in a very different way than it is done today.
Blockchain can offer fintech systems, banks, FX,
everybody a way to replace all of their legacy systems in one relatively
easy step. It can not only replace legacy systems, but offer them extra
economies – for example, by throwing away the entire concept of needing
a back-up strategy. Every single node on a blockchain is an entire
Cryptocentral – Basic Information about the Features of Nxt
Cryptocentral is a cryptocommunity space where you can find the
latest information regarding various cryptocurrencies, mining,
exchanges, various services, and more. It has several features and
tools, such as a voting system, subscription capabilities, quick
activity notification, and a chat system.
Recently, this website has added a new sectionNxt,
where you can find some basic information about the platform, a
description of the main features, some guidelines for newcomers, and
links. It holds quite a good compendium of information that is worth
visiting if you are new to the platform or want to refresh on some
Here’s a little announcement for what's to come regarding Decred's design development.
Our goal was to create an engaging and recognisable identity and design direction to represent Decred across different platforms and contexts. We’ve worked out a common vision and a set of principles with Decred core team to bring longevity, togetherness, and representation for it both as a cryptocurrency and as a project in any environment.
The estimated launch for the new visual identity and design direction is February 2017.
What to expect:
- The new visual identity and design system
- New Decred main site
- New designs for the key platforms (docs, forum, social media, webwallet, decrediton, mainnet etc)
It is needed to make it easier to tell about Decred. For this we’ve created the visual communication toolkit. Anyone who wishes to represent Decred can use it. It contains a set of simple + practical tools and guides for different contexts – e.g. for creating marketing materials, information/communication design or application design.
The main site and key platforms received a design overhaul for a consistent and professional representation of Decred. The wider goal is the create international awareness and legitimacy. For new (and old) users the goal is to help with the on-boarding process, building understanding of Decred as well improving the general experience.
If anyone plans or is currently creating new graphical content, I recommend not to use any pre-released, copied or re-drawn logos and symbols you might have already seen. Instead use “Decred" logotype (without symbol) or “DCR" in a simple, clean and bold textual form (e.g. typeface: Montserrat Bold) until the appropriate files and the toolkit is released. This will help avoid wrong first impressions and any possible confusion.
WAVES Weekly No.26
The recent interview with Lootz on Core Media Radio gives a large amount of up-to-date information about Waves’ tech, developments and timelines.
Conferences and Meet-ups
As the Waves platform nears a state of readiness for mass-user adoption and mainstream business applications, we are broadly switching the focus from tech to business development. Although development will of course continue, the key elements of the platform are now almost complete, which allows us to concentrate more on business relationships.
We are also gaining attention through conferences and other events. The coming week will see another Moscow blockchain developers meet-up, hosted on 20 January at the Digital October Center, where Waves has its offices. Later in the month, there will be a ‘State of Bitcoin’ conference in Moscow with a number of major banks and other institutions.
Waves will have a presence at Blockchain Expo, a convention of more than 1,500 people active in the cryptocurrency world at London’s Olympia, to be held on 23–24 January. Sasha and members of the team will attend to network with some of the biggest names and projects in the blockchain and payments processing world. This will be part of the larger London Blockchain Week, in which Sasha will be participating in panel discussions and other activities.
DEX and Gateways
Waves’ decentralised exchange (DEX) is functional and being tested. Buy/sell orders can be created and placed in the OrderBook via the API on testnet. The backend is essentially ready now, with only a few minor known bugs to be fixed to improve the API. As ever, community members are invited to help with testing and bounties are available for successful bug hunters. The priority now is to create a user-friendly frontend for integration into the lite client.
Alongside this, the first gateways are being created. The bitcoin gateway will be first (via Coinomat), with current estimates being launch at the end of the month or beginning of February. After this will be a Euro gateway through a payments partner. These will allow users to swap BTC and Euros for secure tokens that are 100% backed by their respective currencies, which can then be traded on Waves DEX. USD come by further down the line. Once we have established the proof of concept and tested it thoroughly, responsibility for fiat gateways can be outsourced to larger financial organisations.
Additionally, work is continuing on LPoS, Waves’ leased proof-of-stake algorithm. As well as being able to lease WAVES, it will ultimately be possible to lease CATs too. In the future, Waves will implement smart contracts. Every mainstream blockchain platform needs some form of smart contracts, but Ethereum has taught us that caution is necessary. Likely Waves will use some form of non-Turing-complete scripting.
You can find out more about our first scaling strategy and coming tech updates in this post.
The first tranche of Waves Community Tokens (WCT) was distributed to WAVES holders on Monday. You can find out more about WCT here. Please remember for future (monthly) distributions that only WAVES held off-exchange are eligible. Ownership of WCT will be the basis for the coming BTC distribution from the Byteball windfall. These bitcoin tokens will be withdrawable as BTC through the coming bitcoin gateway.
Our Waves challenge is still running. We have a first prize of 1,000 WAVES, plus Waves t-shirts and stickers for runners-up. Read this post for more details.
Waves Nodes and Lite Client Reminders
If you would like to run a full node, please download the latest releases at https://github.com/wavesplatform/Waves/releases/. Anyone can run a node, but you will need at least 10,000 WAVES to generate blocks. You can read the installation guide here.
For regular users the Lite client can be downloaded from https://wavesplatform.com. Do not download the client from other sources for security reasons. (Please be aware that there have been issues with fake github repositories, as well as fake Twitter accounts and Slack identities.) Alternatively, the standalone Chrome app will automatically update as new versions are released.
Waves Weekly Crypto Round-up
We’re back with Grace Watson for episode #14. This week, we’ve got our usual round-up of the global markets, Brian gives a great overview of the long-term picture for bitcoin, we have a segment with Sasha from the Waves offices in Moscow, and an interview with Michael and Gabriel from the Tokes platform.