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Since it does not seem possible to create currencies right now, the "big seven" Galactic Milieu currencies GMC and GRF have been implemented as assets, asset numbers 2522928763821792692 (HZGMC) and 13567116276987908553 (HZGRF) respectively.

The issuing accounts created 21,000,000 of the coins, but any that remain in the issuing account do not count, they exist just so that if ALL the coins ever DID get moved onto the Horizon platform the platform is ready to handle them. The coins though actually resided on the Digitalis Open Transactions server, and only the number moved away from these issuing accounts on the Horizon platform were actually relocated onto the Horizon platform, the rest still reside elsewhere. (Currently just back on the Digitalis server, but some might eventually also be sent to other platforms such as BURST etc.)

-MarkM-

I tried with an entirely separate computer, no luck.

-MarkM-

That's kinda strange. Was it possible that it was a problem about browser cache and did you try again after removing the cache?

price getting down time to buy

If the platform is "abandoned" all the better for Galactic Milieu purposes, since that means the native tokens will be dirt cheap which will mean the transaction fees for using the platform will be low.

Running one's assets on BURST or NXT for example, or on ETC or ETH or whatever, would probably be more costly.

If the devs were scammers just making yet another platform as yet another pump and dump too bad for them, if the code works, as the influx of assets and users will revitalise the platform and they will miss out having dumped all their coins...

(In case you do not know me, I helped create DeVCoin and GRouPcoin and of course the "big seven" galactic currencies from way back when they started as bitcoin programs with the -testnet switch changed to make them run the nation or corp's own currency instead of bitcoin's testnet. So I dunno if the platform can be considered abandoned as long as I have some use for it...)

-MarkM-

Is it true that the HORIZON devs all have abandoned this project like the gentleman is saying above? Is there still any value in HORIZON to invest in this coin or is it better to wait for any further news or updates? Is there a HORIZON community at all? I am new to this coin thanks in advance.

Why should Horizon go up again except for a pump? After the devs abandoned this project, why should I still believe in it? I have sold 95% of my HZ at 100 sat and am glad about it. 

This is a good sign as we own 1 million ADSACTLY tokens on this platform so I am hoping it will go up slowly again in value. Maybe after the XMAS holidays and the New Year we might see a climb in general. We earn around 500 HZ a day and we are just holding on and collecting them for now.

So why does Horizon reject all names one tries to give for a new currency?

I managed to create one currency fine, then on the second one somehow it said name in use, but it turned out that it had created the currency so maybe somehow I hit the create button twice or something; but from then on I have not been able to create any currencies, as no matter what name I try to give it it claims the name is already used...

I mentioned this earlier but so far no one seems to have any idea how this could happen...

-MarkM-

All alts going up a little since the last 2 days (finally). HZ is fueling, might be the last chance to get in at these levels. 32 at time of writing. 

I tried to issue some currencies but there seems to be a bug that makes it keep insisting the currency name is already in use.

The first currency I made worked, the second it seemed to say the name was in use but created it anyway, or maybe the mouse clicked twice creating it then trying to create it again and finding the name was already in use, then ever since all names are already supposedly in use. I killed and restarted the server, that didn't fix it, so I deleted browser tab and visited the server from a new tab but that didn't fix it either.

I really does not seem to care what name I try to use, it always claims it is already used.

I am using server version 1.54

I even killed the whole browser and restarted it and even that did not fix it.

-MarkM-

Two more assets created:

GMCDEU, asset ID 9337852314245790880, info page http://makemoney.knotwork.com/horizon/assets/gmcdeu/index.html

GRFDEU, asset ID 1237155965562036291, info page http://makemoney.knotwork.com/horizon/assets/grfdeu/index.html

These are used for accounting units of DEUterium stored at depots run by GMC Corp and by GRF Corp respectively.

The assets were issued by the Gamemaster, in insanely huge quantities, to ensure there should always be enough to account the actual amounts of DEUterium in the depots.

Quantities are doled out to GMC and GRF by the Gamemaster to match the actual amounts of DEUterium those two Corps actually have on hand in their depots.

Thus the units held by the issuing account do not count, they are simply spare tokens available to be issued to the depot managers as and when more DEUterium arrives in the depots.

The prices shown at http://galaxies.mygamesonline.org/deuterium.html apply to both Corps' stores of DEUterium.

These assets are important to nations in the Galactic Milieu because hosting fees for nations are accounted in units of DEUterium.

I am also working on the details for initial issuance of HZGROW, a growth fund concentrating on stake-able coins and speculative, currently very low price coins that have a lot of room to move up in price. Once I have a full list of all the things the fund is going to own I will be able to figure out its initial value. I am working on its info page currently at http://makemoney.knotwork.com/horizon/assets/hzgrow/index.html

-MarkM-

I figured that one way around the "the entire caboodle of this asset would add up to more HZ than there are in existence" problem is to create a Corp or Fund type thing that will hold holdings and have a fixed number of shares. So instead of for example saying this thing will own ten billion of such and such a coin then try to sell that many worth, we say this Corp or Fund will be buying such and such types of things, it has a fixed number of shares, and will buy as much of those things as it can with the capital it raises by sale of shares.

So with that in mind I have initially created HZCorp, asset ID 16122537733740233079, with one million shares, and created an info page about it at http://makemoney.knotwork.com/horizon/assets/hzcorp/

Then I went on to also create HZDIA, asset ID 15869904380337942274, also with one million shares, with info page at http://makemoney.knotwork.com/horizon/assets/hzdia/

-MarkM-

I think pharesim can answer to your questions.

I just now got around to trying to set up HORIZON again, so I went to the website and downloaded the public node code from its getting Horizon page...

...Then when I went to move it to a machine to run it on I noticed that what I used to run was version 5.4 but this "latest" version fresh from the site is version 5.2 !

What the heck? Did we revert back to an old version for some reason or what???

-MarkM-

Are there any sites currently running the coin gateway stuff, as I recall when I looked into it in the past it was in use to implement at least one exchange?

Is that still running? Does the code even actually work?

-MarkM-

Great idea. And I think we have potentials to attract more assets into HZ when NXT stops developing and HZ will hopefully be the most active classic-NXT platform.

Interesting coin, I will follow it.

I am still looking at whether HORIZON would work for any of the assets shown at http://galaxies.mygamesonline.org/digitalisassets.html

I have described before in this thread some aspects of my use-cases, here is some more...

Take a look at http://galaxies.mygamesonline.org/companies.html

It shows what various SHARES (as distinct from CURRENCIES) are valued at, based on what the assets of each company add up to given the supposed values of the assets that company holds.

I have chosen to display the value in dDVC (digiDeVCoins, that is, Open Transactions assets that represent actual DeVCoins) because typically devcoins are the lowest-valued coin we commonly use, thus provide the greatest "granularity" for expressing values.

Those values can be expressed in terms of other currencies and shares ("assets") by use of the conversion rates given in http://galaxies.mygamesonline.org/latestrates.inc

Obviously there are far from enough actual DeVCoins in existence to buy everything; the values in terms of DeVCoins are using DeVCoins as a "unit of account", not based on how many DeVCoins you could actually lay hands on at any given time. One of the uses of the Current Rates file is to figure out how much a given value of one thing would come out to if expressed in terms of another thing, so that for example if there are not enough DeVCoins on hand you could instead use some other coin, or some share, or some combination.

The conundrum is how best to integrate HORIZON into the family of assets shown at http://galaxies.mygamesonline.org/digitalisassets.html

Or actually I guess it is the other way around: how to integrate those assets into HORIZON...

Given that we use DeVCoins as a "unit of account" so much, maybe one of the first things we should do is to set up that open source HORIZON-based exchange thing I recall having looked into long ago, if it is working reliably yet? As I recall it was a system for setting up websites that provided gateways into and out of HORIZON whereby blockchain-based coins could be turned into HORIZON-ASSETS and vice-versa, to kind of make hzDVC tokens for example comparable to the dDVC tokens we use in Open Transactions to represent and deal with DeVCoins?

-MarkM-

Probably the solution is to have people buy the asset USING HZ instead of selling to them for bitcoins.

I have been looking into a lot of similar situations myself, in looking for platforms other than Open Transactions that I could use for at least some of the assets you see listed at http://galaxies.mygamesonline.org/digitalisassets.html

Provided the platform does actually turn out to provide buyers for your asset(s), the fact that the built-in trading system seems to insist that HZ itself must be one of the assets in each traded pair should force HZ up in value because the price per unit of your asset will be such that buying all the units would take more HZ than actually exist. So over time there should be less and less HZ that have not already been used to buy your asset.

My use cases however are typically simpler than yours, because historically I have preferred not to use a dividends system, for one thing I do not like the sawtoothed waves it tends to create in prices as people price in the time remaining to the next dividend payout and the expected amount of that payout. I have preferred to have people have to actually sell some of the asset in order to cash out, so I like to have assets accumulate their earnings, increasing the value of each unit of the asset.

In Open Transactions you get to choose which asset you want to pay out as dividends, it sounds like maybe part of your problem might be that in HORIZON you can only pay out HZ as dividends, instead of getting to choose any existing asset to be your payout-currency at any given payout-time?

If you do get to choose, then just ensure an asset exists, such as NHZBITCOINS or whatever, that is worth enough that it can handle the value you want to pay out.

For me I would probably first put some non-dividend-bearing currencies such as CDN, MBC, NKL or whatever onto the platform, some that are valuable enough to handle any dividends I want to pay out, before bothering to put any dividend-paying assets onto the platform. (Then pay out dividends in those currencies. At least until HZ itself becomes valuable enough to use for paying dividends.)

I do want to find a good solution, because currently Open Transactions has had some development slowdowns that are getting to be a real drag, and I need to make the stuff shown at http://galaxies.mygamesonline.org/digitalisassets.html much more accessible...

-MarkM-