ANN: Announcing code availability of the bitsofproof supernode

arnuschky

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Quote from: grau on January 31, 2015, 04:25:26 AM

Quote from: judah on January 31, 2015, 12:48:00 AM

Quote

Details of the plan will follow in a few days.

Posted 6 months ago?

You might have seen that CoinTerra did not work out as expected. It filed for bankrupcy a few days ago.
CoinTerra's default does not affect Bits of Proof as their option to buy the assets expired unused.

If mining would have provided stable income and growth, as it looked like as I joined them,
then I would have open sourced the plattform to create a standard on a longer run.

I live from Bitcoin software development about two years now.

Without alternate revenue or significant funding, I have to act selfish and short sigthed and protect
my competitive advantage, that enabled me to create products like the Bullion Bitcoin exchange or
myTREZOR back end and undisclosed others.

I am currently working on a side chain with huge business potential. Should the new plan work out,
then I will revisit the idea of open sourcing the stack.

Thanks for the honest update. I sure know how hard it is at the moment to survive as an independent developer in the space, especially when you bet on the wrong horse. And unfortunately, we can't work on all these exiting projects at once.

Let's hope that your new venture works out!

@everyone: btcd (not the coin, but the daemon: https://bitcointalksearch.org/topic/btcd-a-bitcoind-alternative-written-in-go-192880) seems like a very good alternative for a server-side/enterprise bitcoin node.

grau

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bits of proof

Quote from: judah on January 31, 2015, 12:48:00 AM

Quote

Details of the plan will follow in a few days.

Posted 6 months ago?

You might have seen that CoinTerra did not work out as expected. It filed for bankrupcy a few days ago.
CoinTerra's default does not affect Bits of Proof as their option to buy the assets expired unused.

If mining would have provided stable income and growth, as it looked like as I joined them,
then I would have open sourced the plattform to create a standard on a longer run.

I live from Bitcoin software development about two years now.

Without alternate revenue or significant funding, I have to act selfish and short sigthed and protect
my competitive advantage, that enabled me to create products like the Bullion Bitcoin exchange or
myTREZOR back end and undisclosed others.

I am currently working on a side chain with huge business potential. Should the new plan work out,
then I will revisit the idea of open sourcing the stack.

judah

newbie

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Merit: 0

Quote

Details of the plan will follow in a few days.

Posted 6 months ago?

Dusty

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Libertas a calumnia

Hat off!

Looking forward to know the details.

grau

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bits of proof

Yes.

It is our common plan with CoinTerra to make the Bits of Proof software stack an industry standard for enterprise use of Bitcoin. Details of the plan will follow in a few days.

judah

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Quote

Stay Tuned

I suppose you meant this:
https://cointerra.com/acquires-bits-of-proof/

grau

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bits of proof

Stay tuned. You'll have a choice soon.

Dusty

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Libertas a calumnia

I'm starting a bitcoin project and I was really looking to use bop for it, but I'm now forced to go with bitcoinj, too bad.

judah

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Ah, I actually bought 2 months of Bits of Proof support late last year with the understanding the project would be open source. Oh well, that sucks.

grau

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bits of proof

Quote from: arnuschky on April 13, 2014, 05:41:34 AM

One problem I always had with BoP (I've been contemplating to use it several times, but never did): the site seems to severely undersell the product! I mean, I have no idea what BoP can do for me, how scalable it is, what the advantages are over using bitcoind etc.

In short: why should I use BoP rather than bitcoind?

This situation has gotten worse since it's not open source anymore. Unless I am missing something, there seems to be only a single page with very sparse info on it. Documentation? Code samples? Use cases? Anything?

I have the impression that you have more of a marketing problem rather than a community problem.

Just my 2 cents..

You are right.

The value is not visible from what is publicly available.
My current strategy is to create products that demonstrate that.

Avicenna1

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Thanks for the warm welcome. Was nice to talk to you in London Mike.

I released the code since it reached the coverage needed to prove that it is for real. Not for production but to build on it as a platform.

Your points on testing are valid. They are clearly not sufficient. I plan to introduce an interface aimed for testing. That would enable
implementations to test each other.

The Wallet is not there but everything you need to stick it together in a couple hours or days depending on what you want.
I did not yet figured what I wanted. But the point is that this is a feature that does not have to be common.
Do your own at your own taste and stick it in.

+1

arnuschky

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Activity: 518

Merit: 502

One problem I always had with BoP (I've been contemplating to use it several times, but never did): the site seems to severely undersell the product! I mean, I have no idea what BoP can do for me, how scalable it is, what the advantages are over using bitcoind etc.

In short: why should I use BoP rather than bitcoind?

This situation has gotten worse since it's not open source anymore. Unless I am missing something, there seems to be only a single page with very sparse info on it. Documentation? Code samples? Use cases? Anything?

I have the impression that you have more of a marketing problem rather than a community problem.

Just my 2 cents..

Dusty

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Libertas a calumnia

Too bad a viable business model that included leaving the bop server open source (an apache project would be great) couldn't be found.

The Bitcoin economy is still in its infancy and many years shell pass before a community of contributors can form and evolve your project.

jedunnigan

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Merit: 250

Quote from: grau on March 06, 2014, 02:28:05 AM

Quote from: jedunnigan on March 05, 2014, 10:03:55 PM

I respect and appreciate where your VCs are coming from, but look at it this way: I am a potential customer. I, as the operator of xyz company, am fully aware of the risks involved in searching for implementations outside the core code. One small mistake can lead to disastrous effects (see: gox).

I want to trust you and your platform, but I can't wholeheartedly. Without being able to audit your code I don't know if you haven't made a mistake in your implementation. And there is nothing you could really do to convince me otherwise without open sourcing it. You lost me as a customer, unfortunately.

The open source business model did not generate sufficient cash flow for expansion through support contracts.

We have some profitable projects like https://bullionbitcoin.com, http://bopshop.bitsofproof.com and http://www.bitcointrezor.com/news/2014-02-10-mytrezor-bop-bitcoin-server and a few undisclosed that proved the value of the software, that I could trade in for meaningful expansion See: http://www.iconcapitalsa.com/posts/8-icon-capital-reserve-s-a-acquires-leading-digital-currency-developer-bits-of-proof-zrt

I gave source code access to current customer and I evaluate every new piece of code we write if it is appropriate to open source it. Older versions and lots of useful functions are generally accessible open source even now.

BOPs development focus is now to create a software stack capable of issuing, trading, auditing digital assets. I am sure that we will open source huge portions of that and that others will be licensed with source code access.

Ah okay, so you share the source with your customers. That's good to know.

grau

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bits of proof

Quote from: jedunnigan on March 05, 2014, 10:03:55 PM

I respect and appreciate where your VCs are coming from, but look at it this way: I am a potential customer. I, as the operator of xyz company, am fully aware of the risks involved in searching for implementations outside the core code. One small mistake can lead to disastrous effects (see: gox).

I want to trust you and your platform, but I can't wholeheartedly. Without being able to audit your code I don't know if you haven't made a mistake in your implementation. And there is nothing you could really do to convince me otherwise without open sourcing it. You lost me as a customer, unfortunately.

The open source business model did not generate sufficient cash flow for expansion through support contracts.

We have some profitable projects like https://bullionbitcoin.com, http://bopshop.bitsofproof.com and http://www.bitcointrezor.com/news/2014-02-10-mytrezor-bop-bitcoin-server and a few undisclosed that proved the value of the software, that I could trade in for meaningful expansion See: http://www.iconcapitalsa.com/posts/8-icon-capital-reserve-s-a-acquires-leading-digital-currency-developer-bits-of-proof-zrt

I gave source code access to current customer and I evaluate every new piece of code we write if it is appropriate to open source it. Older versions and lots of useful functions are generally accessible open source even now.

BOPs development focus is now to create a software stack capable of issuing, trading, auditing digital assets. I am sure that we will open source huge portions of that and that others will be licensed with source code access.

jedunnigan

sr. member

Activity: 279

Merit: 250

You've done a lot of great and hard work on this, thank you.

Quote from: grau on January 14, 2014, 07:24:36 AM

Quote from: justusranvier on January 14, 2014, 07:12:33 AM

Quote from: grau on January 14, 2014, 06:56:16 AM

The Server is available to customer.

Too bad is, that the community did not submit any substantial pulls and valued BOPs work to 0.3 BTC in 2013.

Just so you know, you're not doing your product any favours in the thread.

Complaining about not receiving much in the way of tips makes it look like you don't actually have any customers at all (otherwise you wouldn't care about your tip address), and regardless acting like this in public is going to turn off potential customers.

Overall I get the impression that you consider the community defective for not adopting your software instead of taking the weak response as an indication that your marketing outreach requires improvement.

I tried for one year, but the open source did not deliver any benefit to me. No substantial code contribution, no donation no offers from those who claim supporting the open source development of Bitcoin.

In contrary I was frequently attacked for being irresponsible releasing an alternative implementation, or rushing out features too early.

The same time I have paying customer and venture capitalists who wonder why I give away IP for free. I run out of arguments.

I respect and appreciate where your VCs are coming from, but look at it this way: I am a potential customer. I, as the operator of xyz company, am fully aware of the risks involved in searching for implementations outside the core code. One small mistake can lead to disastrous effects (see: gox).

I want to trust you and your platform, but I can't wholeheartedly. Without being able to audit your code I don't know if you haven't made a mistake in your implementation. And there is nothing you could really do to convince me otherwise without open sourcing it. You lost me as a customer, unfortunately.

grau

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bits of proof

Quote from: Amitabh S on February 13, 2014, 07:59:14 AM

grau, can you also please release a precompiled version of bop?

Yes, I think that could become a good evaluation option. I will create a signed build with setup instructions within the next weeks.

I am very busy at the moment with launching AUREALS.

http://www.iconcapitalsa.com/posts/8-icon-capital-reserve-s-a-acquires-leading-digital-currency-developer-bits-of-proof-zrt

Amitabh S

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grau, can you also please release a precompiled version of bop?

grau

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bits of proof

Substantiating some claims ...

https://bullionbitcoin.com

The first real-time audit able exchange, utilizing a 2-of-3 keyed P2SH vault.

Dusty

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Libertas a calumnia

Hat off

Topic: ANN: Announcing code availability of the bitsofproof supernode (Read 35156 times)