How much did everyone invest in this ico?
On our web-site coppay.io there is a real-time info update on the tokensale
Topic: [ANN] [ICO][COP] CopPay - cryptofying your business - page 20. (Read 11779 times)
On our web-site coppay.io there is a real-time info update on the tokensale
when the ico will start, on the OP it says the ico will start on the 30th October any news? it is started already, please dev could you confirm?
hello! yes, it has already started. You can join us: all info is avalible on the official web-site: coppay.io
How is the immediate transfer confirmed? If there is no confirmation time, then what is the mechanism to keep the chain from being abused and cheated? I looked at the website, the FAQ's and I just don't have the time and patience for a white paper today, is there some place the system itself was covered that I am missing?
That's a good question and requires a long answer.
To make transactions fast we let merchants operating in exchange mode perform transactions with zero (minimum) confirmation. That means merchants and consumers will not have to wait long till the transaction gets into new block.
How we do that?
For bitcoin and altcoins we pay attention to 3 parameters:type of transaction, spread of the transcation in the web transaction fee.
When a standard transaction gets into a full node's mempool, can not be replaced, and we can spend it for certain. By a standard transaction we mean a paytohash transaction without the possibility of replacing it by fee (bip125). Also we check what percentage of complete nodes that also received this transaction. The standard transaction + spread on the network gives a good percentage of that there can't be a double spending attack.
We also check the transaction fee so that it corresponds to the average level at the moment to ensure that the transaction will get into one of the new blocks.
This altogether gives us a good percentage of probability (90+) to judge that the transaction will get into the blockchain even before it actually happens.
This allows you to make a payment in 8-10 seconds.
But this approach does not work with ether. Here any transaction in mempool can be replaced by another with a larger gas price. Therefore, here we use one confirmation and check the distribution of the confirmed block in the network in order to guarantee a high probability that the transaction will remain in the blockroom.
This, with sufficient gas price, it reduces the transaction to 15-20 seconds.
We also take into account the individual solutions of different coins of the InstantSend type in dash, which allows you to make payments within seconds.
In addition, to make transactions even faster, we use our reputation system. Buyers registered in our system and committing a large number of successful transactions will not have to wait for confirmation at all. Transactions for them become instant.
Moreover, since this function works in the exchange mode, we take all the risks associated with the transaction not being confirmed on ourselves.
To protect ourselves from probability that something goes wrong we limit the amount that can be made without confirmations to 200 euros. For registered customers with a high rating this limit can be extended.
But the more the user user our system the more his reputation influences the decision on the instant confirmation of payment.
the reputation will be kept in CopPay blockchain and we can not influence how it forms.
Thanks to the reputation system we will get independent from cryptocurrency mechanism of instant confirmation of transactions. and the users will be able to check the quality of our work.
when the ico will start, on the OP it says the ico will start on the 30th October any news? it is started already, please dev could you confirm?
keep good work dev!
What kind of business is your main support? Can you give us an example of this.
Are there any preliminary arrangements in any exchanges?
At the moment we are in negotiations. we consider HitBTC, Bittrex, Kraken
Hi, admin!
do you have any video about your CopPay terminal? How it works and where? Because I really like the concept of your project but I want to have a look how it works in real life.
do you have any video about your CopPay terminal? How it works and where? Because I really like the concept of your project but I want to have a look how it works in real life.
We even have a youtube channel:)
Join!
And actually we can show you how CopPay operates in real life
Our network expands and recently we installed CopPay software in Vilnius cafe The Town Bar&Grill!
Watch a video about it!
O, I see. And real example give more understanding about working process. Sorry for question. I want to have much full details as I can
Good start DEV! Congratulations! Perhaps I will also go to your project! Good luck
How is the immediate transfer confirmed? If there is no confirmation time, then what is the mechanism to keep the chain from being abused and cheated? I looked at the website, the FAQ's and I just don't have the time and patience for a white paper today, is there some place the system itself was covered that I am missing?
That's a good question and requires a long answer.
To make transactions fast we let merchants operating in exchange mode perform transactions with zero (minimum) confirmation. That means merchants and consumers will not have to wait long till the transaction gets into new block.
How we do that?
For bitcoin and altcoins we pay attention to 3 parameters:type of transaction, spread of the transcation in the web transaction fee.
When a standard transaction gets into a full node's mempool, can not be replaced, and we can spend it for certain. By a standard transaction we mean a paytohash transaction without the possibility of replacing it by fee (bip125). Also we check what percentage of complete nodes that also received this transaction. The standard transaction + spread on the network gives a good percentage of that there can't be a double spending attack.
We also check the transaction fee so that it corresponds to the average level at the moment to ensure that the transaction will get into one of the new blocks.
This altogether gives us a good percentage of probability (90+) to judge that the transaction will get into the blockchain even before it actually happens.
This allows you to make a payment in 8-10 seconds.
But this approach does not work with ether. Here any transaction in mempool can be replaced by another with a larger gas price. Therefore, here we use one confirmation and check the distribution of the confirmed block in the network in order to guarantee a high probability that the transaction will remain in the blockroom.
This, with sufficient gas price, it reduces the transaction to 15-20 seconds.
We also take into account the individual solutions of different coins of the InstantSend type in dash, which allows you to make payments within seconds.
In addition, to make transactions even faster, we use our reputation system. Buyers registered in our system and committing a large number of successful transactions will not have to wait for confirmation at all. Transactions for them become instant.
Moreover, since this function works in the exchange mode, we take all the risks associated with the transaction not being confirmed on ourselves.
To protect ourselves from probability that something goes wrong we limit the amount that can be made without confirmations to 200 euros. For registered customers with a high rating this limit can be extended.
Hi, admin!
do you have any video about your CopPay terminal? How it works and where? Because I really like the concept of your project but I want to have a look how it works in real life.
do you have any video about your CopPay terminal? How it works and where? Because I really like the concept of your project but I want to have a look how it works in real life.
We even have a youtube channel:)
Join!
And actually we can show you how CopPay operates in real life
Our network expands and recently we installed CopPay software in Vilnius cafe The Town Bar&Grill!
Watch a video about it!
Delicious food and video
Do you have any future verification of the person?
Now we do have KYC implemented via e-mail.
these are the participants of ISO, and I ask about buyers and sellers
Hi, admin!
do you have any video about your CopPay terminal? How it works and where? Because I really like the concept of your project but I want to have a look how it works in real life.
do you have any video about your CopPay terminal? How it works and where? Because I really like the concept of your project but I want to have a look how it works in real life.
We even have a youtube channel:)
Join!
And actually we can show you how CopPay operates in real life
Our network expands and recently we installed CopPay software in Vilnius cafe The Town Bar&Grill!
Watch a video about it!
Do you have any future verification of the person?
Now we do have KYC implemented via e-mail.
Do you have any future verification of the person?
Hi, admin!
do you have any video about your CopPay terminal? How it works and where? Because I really like the concept of your project but I want to have a look how it works in real life.
do you have any video about your CopPay terminal? How it works and where? Because I really like the concept of your project but I want to have a look how it works in real life.
If you, guys, don't know, how to join ICO and what to do, we have something helpful for you!
We created a short manual that explains how to participate in CopPay ICO.
It explains in details how to manually send a transaction during the contribution period via MyEtherWallet, one of the most popular Ethereum Wallets.
The manual is available in 2 languages
- English
- Russian
You're welcome to read it and join us ICO!
We created a short manual that explains how to participate in CopPay ICO.
It explains in details how to manually send a transaction during the contribution period via MyEtherWallet, one of the most popular Ethereum Wallets.
The manual is available in 2 languages
- English
- Russian
You're welcome to read it and join us ICO!
Thanks for the manual. Very helpful.
If you, guys, don't know, how to join ICO and what to do, we have something helpful for you!
We created a short manual that explains how to participate in CopPay ICO.
It explains in details how to manually send a transaction during the contribution period via MyEtherWallet, one of the most popular Ethereum Wallets.
The manual is available in 2 languages
- English
- Russian
You're welcome to read it and join us ICO!
We created a short manual that explains how to participate in CopPay ICO.
It explains in details how to manually send a transaction during the contribution period via MyEtherWallet, one of the most popular Ethereum Wallets.
The manual is available in 2 languages
- English
- Russian
You're welcome to read it and join us ICO!
your own developed blockchain?
sounds really cute and promising
do I have still a chance to take part in this project?
sounds really cute and promising
do I have still a chance to take part in this project?
Yes, we plan to develop it!
surely you have. We started our ICO yesterday! Join us!
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