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Topic: [ANN] ColoredChain - Colorful Blockchain Applications Framework | PPoS | DApps (Read 13952 times)

hero member
Activity: 762
Merit: 500
Dev will never make a comeback, I feel sorry for those who sent the BTC. https://blockchain.info/address/14SXQgMsRU5RV9kXB3wRJVv5LdxzZpEobT
sr. member
Activity: 336
Merit: 252
IT IS A SCAM.

WHICH PART OF THAT DON'T YOU UNDERSTAND?

ARE YOU TOO STUPID TO DRILL THIS IN YOUR BRAIN?

HERE IT IS AGAIN



SCAM
member
Activity: 69
Merit: 10
hero member
Activity: 1022
Merit: 500
You are type about nxt but what with colorful?
newbie
Activity: 46
Merit: 0
Great part of all funtctions are the same as the NXT, the difference is NXT has been here since 2013  And now its adopted for the main exchange in Russia:


https://bitcoinmagazine.com/articles/russia-s-national-settlement-depository-successfully-tests-blockchain-based-e-voting-system-1464198071


"Rymanov explained that the NSD’s e-proxy voting proof-of-concept (PoC) project specifications required setting up a private permissioned blockchain where every node participating in the network is known, and included a number of specific challenges related to processing capacity and permission-based access to the data. According to Rymanov, other blockchain technologies such as Bitcoin and Ethereum couldn’t meet the project’s requirements with an out-of-the-box solution, which motivated the choice of the NXT platform."

“Using the proof-of-work (PoW) Bitcoin blockchain would have potentially created a situation where a particular node with a superior computing power could gain an unfair advantage over its peers, thus jeopardizing the security of the network and, if being a malicious actor, could rig the results of the vote,” said Rymanov. “Furthermore, we see PoW systems as an unnecessary drain on resources in private permissioned blockchains.”

“With regards to Ethereum, our team has been in touch with the Ethereum core developers and has been informed that the current limit on processing is around 60 transactions per second,” added Rymanov. “However, even though Ethereum offered a huge improvement both in functionality and processing speed over Bitcoin blockchain, it did not match the NSD requirements.”

“After a careful consideration we have selected NXT,” Rymanov said. “The proof-of-stake (PoS) blockchain has provided us with enough flexibility to architect a solution that is scalable, stable and with processing capabilities well in the range of NSD expectations. In the lab environment we have pushed DSX fork of NXT to process up to 800 transactions per second. With the custom developed e-proxy voting module running on top of the NXT fork we have stabilized the system at 80 votes per second, which is 160 transactions per second reaching a notable result in line with NSD expectations.”
Any news about start tihis coin.

NXT already exist nxt.org with all those functions:

Alias system-> Uri alias, account alias
Coinshuffle -> decentralized mixing for strong anonimity unique of NXT
Monetary System -> You can do your own colored coin
Message System -> You can send encrypted message or using this feature + account control you can built a type of Dapp
Asset Exchange -> More than  a million dollar in assets and growing
decentralized democracy - > Using votings pools NXT devs are doing a decentralized democracy inside NXT
Pools -> You can create a pool
Accont Control -> Better than multisign and allow people who owns asset/colored coins/ accounts to control or vote in pools
Decentralized Market -> Yep on blockchain
Decentralized Storage
3-party apps supported


The roadmap for NXT 2.0 are here http://nxt.org/roadmap/ -> NXT community was the one of the firsts to be created using ICO system, first to LPoS, first and unique to apply coinsuffle protocol, first in colored coins and now they are solving some blockchain trick questions (like blockchain bloat).

Why dont join NXT, Ethereum, Lisk or other similar project and improve it? There are so many projects out there.
 
hero member
Activity: 1022
Merit: 500
Great part of all funtctions are the same as the NXT, the difference is NXT has been here since 2013  And now its adopted for the main exchange in Russia:


https://bitcoinmagazine.com/articles/russia-s-national-settlement-depository-successfully-tests-blockchain-based-e-voting-system-1464198071


"Rymanov explained that the NSD’s e-proxy voting proof-of-concept (PoC) project specifications required setting up a private permissioned blockchain where every node participating in the network is known, and included a number of specific challenges related to processing capacity and permission-based access to the data. According to Rymanov, other blockchain technologies such as Bitcoin and Ethereum couldn’t meet the project’s requirements with an out-of-the-box solution, which motivated the choice of the NXT platform."

“Using the proof-of-work (PoW) Bitcoin blockchain would have potentially created a situation where a particular node with a superior computing power could gain an unfair advantage over its peers, thus jeopardizing the security of the network and, if being a malicious actor, could rig the results of the vote,” said Rymanov. “Furthermore, we see PoW systems as an unnecessary drain on resources in private permissioned blockchains.”

“With regards to Ethereum, our team has been in touch with the Ethereum core developers and has been informed that the current limit on processing is around 60 transactions per second,” added Rymanov. “However, even though Ethereum offered a huge improvement both in functionality and processing speed over Bitcoin blockchain, it did not match the NSD requirements.”

“After a careful consideration we have selected NXT,” Rymanov said. “The proof-of-stake (PoS) blockchain has provided us with enough flexibility to architect a solution that is scalable, stable and with processing capabilities well in the range of NSD expectations. In the lab environment we have pushed DSX fork of NXT to process up to 800 transactions per second. With the custom developed e-proxy voting module running on top of the NXT fork we have stabilized the system at 80 votes per second, which is 160 transactions per second reaching a notable result in line with NSD expectations.”
Any news about start tihis coin.
newbie
Activity: 46
Merit: 0
Great part of all funtctions are the same as the NXT, the difference is NXT has been here since 2013  And now its adopted for the main exchange in Russia:


https://bitcoinmagazine.com/articles/russia-s-national-settlement-depository-successfully-tests-blockchain-based-e-voting-system-1464198071


"Rymanov explained that the NSD’s e-proxy voting proof-of-concept (PoC) project specifications required setting up a private permissioned blockchain where every node participating in the network is known, and included a number of specific challenges related to processing capacity and permission-based access to the data. According to Rymanov, other blockchain technologies such as Bitcoin and Ethereum couldn’t meet the project’s requirements with an out-of-the-box solution, which motivated the choice of the NXT platform."

“Using the proof-of-work (PoW) Bitcoin blockchain would have potentially created a situation where a particular node with a superior computing power could gain an unfair advantage over its peers, thus jeopardizing the security of the network and, if being a malicious actor, could rig the results of the vote,” said Rymanov. “Furthermore, we see PoW systems as an unnecessary drain on resources in private permissioned blockchains.”

“With regards to Ethereum, our team has been in touch with the Ethereum core developers and has been informed that the current limit on processing is around 60 transactions per second,” added Rymanov. “However, even though Ethereum offered a huge improvement both in functionality and processing speed over Bitcoin blockchain, it did not match the NSD requirements.”

“After a careful consideration we have selected NXT,” Rymanov said. “The proof-of-stake (PoS) blockchain has provided us with enough flexibility to architect a solution that is scalable, stable and with processing capabilities well in the range of NSD expectations. In the lab environment we have pushed DSX fork of NXT to process up to 800 transactions per second. With the custom developed e-proxy voting module running on top of the NXT fork we have stabilized the system at 80 votes per second, which is 160 transactions per second reaching a notable result in line with NSD expectations.”
hero member
Activity: 1022
Merit: 500
Ico ends 23 may ,and nothing happend.
hero member
Activity: 616
Merit: 500
legendary
Activity: 1036
Merit: 1001
Syscoin- Changing the way people do business.
1. Unknown newbie "dev"
2. ICO
3. No escrow
4. Evasive answers here in the thread.

Scam. Be warned

Looks like ppl shoulda listened.
legendary
Activity: 2086
Merit: 1001
LOL he legged it already!! Hope none of you gave that cunt too much!!!? you were warned! Listen next time! Smiley
hero member
Activity: 530
Merit: 500
DEV any update? Or run away?  Roll Eyes
The last time he was here 30 april.
hero member
Activity: 588
Merit: 500
DEV any update? Or run away?  Roll Eyes
sr. member
Activity: 361
Merit: 250
there are so many more reliable ICO, why must choose this scam likely project with so much challenge?
sr. member
Activity: 249
Merit: 250
1. Unknown newbie "dev"
2. ICO
3. No escrow
4. Evasive answers here in the thread.

Scam. Be warned
legendary
Activity: 1708
Merit: 1018
hi ColoredChain! i'm interesting, when twitter followers will be added here in bounty list https://docs.google.com/spreadsheets/d/1xea-IaemF16Kbl8JcjbcS8ByD-f_0gKHFz7hjVFD0p0/edit?pref=2&pli=1#gid=0 , and maybe need personal message sending, or you'll do this automaticly in future?
hero member
Activity: 750
Merit: 511
1. In Lisk (just for example) sidechains must confirm their own transaction by yourself, a mainchain don't interract with sidechains (except coins movement between main and sidechains).
In your project only mainchain must confirm transactions from sidechains and a mainchain stores hashes of sidechains.
Can you provide pros and cons of this system? I have some thoughts about it, but it interesting why you choose this way.

2. So, what about CVM code? Can you describe your VM in more technical words?
Can you show part of CMV code? Can you show part of dapp (colored token platfom)?
As example, Lisk/Crypti uses the standart javascript VM, nothing special.
Did you develop a new realisation of VM or you use java VM (same way as Lisk do)?

If you show parts of it, describe it, etc, it's will be good for understanding how things works and publicity.
newbie
Activity: 42
Merit: 0
What's up with the odd number of coins?

Total amount of coloredchain tokens is 64,570,081,fixed.
 • 52,947,466 (82%) for open ICO.
 • 8,394,110 (13%) reserved for supporting third party DApps development and long term marketing of Foundation(Hold 
    by community).
 • 2,582,803(4%) reserved for partners.
    - Cloud service deployment
    - Exchanges
    - PR company
 • 645,700(1%) for ICO bounty.
    - 193710 for Bitcointalk signature campaign participants.
    - 129140 for Coloredchain twitter followers.
    - 129140 for joining Coloredchain facebook group/like.
    - 193710 for local language translation and management.




We have to admit that the initial supply is defined randomly.
why all ICO nowdays total supply always 100M coins with 13M-15M for develover  Roll Eyes Roll Eyes Roll Eyes
It's just for defining the total amount,either 100M or 1Billion is okay. Smiley

Important Updates
The initial total supply will be changed from current 100 million to 64,570,081 to conform with Number.MAX_SAFE_INTEGER.
With this change,there will be no more conversions needed from machine side of IOT area,decrease the burden,and will interactive well with machine built in JavaScript and framework,such as node.js .

Others properties same as before.

OP will be updated soon.
sr. member
Activity: 302
Merit: 250
What's up with the odd number of coins?

Total amount of coloredchain tokens is 64,570,081,fixed.
 • 52,947,466 (82%) for open ICO.
 • 8,394,110 (13%) reserved for supporting third party DApps development and long term marketing of Foundation(Hold 
    by community).
 • 2,582,803(4%) reserved for partners.
    - Cloud service deployment
    - Exchanges
    - PR company
 • 645,700(1%) for ICO bounty.
    - 193710 for Bitcointalk signature campaign participants.
    - 129140 for Coloredchain twitter followers.
    - 129140 for joining Coloredchain facebook group/like.
    - 193710 for local language translation and management.


hero member
Activity: 1008
Merit: 500
I'm gonna post this again.

https://medium.com/@icocountdown/coloredchain-warning-9a373fa8f7b2#.otewrg6tj

Quote
I think I could make a career out of this …..

Thread reference: https://bitcointalksearch.org/topic/ann-coloredchain-colorful-blockchain-applications-framework-ppos-dapps-1433220

No Escrow.

No code in github repository.

https://github.com/ColoredChain

Same Thread layout as Lisk.

Reference: https://bitcointalksearch.org/topic/annlsk-lisk-blockchain-application-platform-for-javascript-developers-1346646

Clear addition of Bounties to draw more people into the ICO without proof of technology.

All medium Articles are to do with the ICO and none are based around technological development.

https://blog.coloredchain.com/

Mention of Sidechains: Completely theoretical concept that is not even yet developed.

Generally garbled language with no scientific documentation.

As usual avoid friends.
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