[ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★ - page 190.

tricass

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Crypto enthusiast

Quote from: yo2monty on October 02, 2014, 01:42:02 AM

“it’s almost certain that Viacoin will implement CHECKLOCKTIMEVERIFY first.”
hope Viacoin & Bitcoin are win-win.

and hopefully the testing of tree chains in bitmessage goes well too. but that would technically place us in second place then.

prophetx

legendary

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he who has the gold makes the rules

Quote from: gpools on October 02, 2014, 07:01:07 AM

Quote from: btcdrak on October 02, 2014, 05:39:16 AM

Recently posted blog article http://blog.viacoin.org/2014/10/01/petertodd-dev-update.html by Peter Todd

Quote

Peter Todd - Development Update

CHECKLOCKTIMEVERIFY - Reference implementation and BIP draft written

I just posted the first stage of my work implementing the new `CHECKLOCKTIMEVERIFY` opcode to the Bitcoin development mailing list for peer review. This first stage involves a reference implementation, a full set of unittests, and a draft BIP. Assuming the peer review goes well and no objections are raised to the opcode itself the next step is to plan in detail exactly how the upgrade will happen and how we will test that upgrade in advance.

So what's CHECKLOCKTIMEVERIFY all about anyway?

Right now in Viacoin and all other Satoshi-derived crypto-currencies you're able to create a transaction that can't be mined until some point in the future using a feature called `nLockTime`. This feature is used as a building block for a lot of other protocols, including micropayment channels, escrows, 2-factor wallets, etc. The problem is `nLockTime` usually doesn't do what we actually want to do: make sure a transaction *can't* be spent a certain way until some time in the future. `CHECKLOCKTIMEVERIFY` fixes this problem by putting the time controls of when coins can be spent into the scripting language itself. In addition, since the timelocking is done at the script level rather than transaction level we also protect these protocols against transaction malleability.

Why is all this written for Bitcoin, not Viacoin?

Bitcoin and Viacoin share a common codebase, and most of the top minds in the crypto-currency space are involved in Bitcoin Core development, myself included. Running new features and new ideas past that group is excellent peer review. In fact, an important part of the design of `CHECKLOCKTIMEVERIFY` is a clever idea from Bitcoin Core Developer Gregory Maxwell! Of course with the "slow and steady" speed at which Bitcoin Core moves it's almost certain that Viacoin will implement `CHECKLOCKTIMEVERIFY` first.

What's going on with treechains?

When I was in London last month I got the chance to speak to one of the Bitmessage devs. To make a long story short, it looks like Bitmessage will make a great "version zero" application for treechains to start testing out the basics of the idea in a real application. You can expect to see some code by the end of this month. Also, if you're in Israel Oct 19th-20th, I'll be speaking at the Inside Bitcoins conference about treechains.

Peter Todd

great dev team

i agree. it is really refreshing to see a team work at a good pace and not be hampered by whatever byzantine politburo commit committee process that currently holds back bitcoin from its full potential.

gpools

sr. member

Activity: 364

Merit: 250

Quote from: btcdrak on October 02, 2014, 05:39:16 AM

Recently posted blog article http://blog.viacoin.org/2014/10/01/petertodd-dev-update.html by Peter Todd

Quote

Peter Todd - Development Update

CHECKLOCKTIMEVERIFY - Reference implementation and BIP draft written

I just posted the first stage of my work implementing the new `CHECKLOCKTIMEVERIFY` opcode to the Bitcoin development mailing list for peer review. This first stage involves a reference implementation, a full set of unittests, and a draft BIP. Assuming the peer review goes well and no objections are raised to the opcode itself the next step is to plan in detail exactly how the upgrade will happen and how we will test that upgrade in advance.

So what's CHECKLOCKTIMEVERIFY all about anyway?

Right now in Viacoin and all other Satoshi-derived crypto-currencies you're able to create a transaction that can't be mined until some point in the future using a feature called `nLockTime`. This feature is used as a building block for a lot of other protocols, including micropayment channels, escrows, 2-factor wallets, etc. The problem is `nLockTime` usually doesn't do what we actually want to do: make sure a transaction *can't* be spent a certain way until some time in the future. `CHECKLOCKTIMEVERIFY` fixes this problem by putting the time controls of when coins can be spent into the scripting language itself. In addition, since the timelocking is done at the script level rather than transaction level we also protect these protocols against transaction malleability.

Why is all this written for Bitcoin, not Viacoin?

Bitcoin and Viacoin share a common codebase, and most of the top minds in the crypto-currency space are involved in Bitcoin Core development, myself included. Running new features and new ideas past that group is excellent peer review. In fact, an important part of the design of `CHECKLOCKTIMEVERIFY` is a clever idea from Bitcoin Core Developer Gregory Maxwell! Of course with the "slow and steady" speed at which Bitcoin Core moves it's almost certain that Viacoin will implement `CHECKLOCKTIMEVERIFY` first.

What's going on with treechains?

When I was in London last month I got the chance to speak to one of the Bitmessage devs. To make a long story short, it looks like Bitmessage will make a great "version zero" application for treechains to start testing out the basics of the idea in a real application. You can expect to see some code by the end of this month. Also, if you're in Israel Oct 19th-20th, I'll be speaking at the Inside Bitcoins conference about treechains.

Peter Todd

great dev team

btcdrak

legendary

Activity: 1064

Merit: 1000

Recently posted blog article http://blog.viacoin.org/2014/10/01/petertodd-dev-update.html by Peter Todd

Quote

Peter Todd - Development Update

CHECKLOCKTIMEVERIFY - Reference implementation and BIP draft written

I just posted the first stage of my work implementing the new `CHECKLOCKTIMEVERIFY` opcode to the Bitcoin development mailing list for peer review. This first stage involves a reference implementation, a full set of unittests, and a draft BIP. Assuming the peer review goes well and no objections are raised to the opcode itself the next step is to plan in detail exactly how the upgrade will happen and how we will test that upgrade in advance.

So what's CHECKLOCKTIMEVERIFY all about anyway?

Right now in Viacoin and all other Satoshi-derived crypto-currencies you're able to create a transaction that can't be mined until some point in the future using a feature called `nLockTime`. This feature is used as a building block for a lot of other protocols, including micropayment channels, escrows, 2-factor wallets, etc. The problem is `nLockTime` usually doesn't do what we actually want to do: make sure a transaction *can't* be spent a certain way until some time in the future. `CHECKLOCKTIMEVERIFY` fixes this problem by putting the time controls of when coins can be spent into the scripting language itself. In addition, since the timelocking is done at the script level rather than transaction level we also protect these protocols against transaction malleability.

Why is all this written for Bitcoin, not Viacoin?

Bitcoin and Viacoin share a common codebase, and most of the top minds in the crypto-currency space are involved in Bitcoin Core development, myself included. Running new features and new ideas past that group is excellent peer review. In fact, an important part of the design of `CHECKLOCKTIMEVERIFY` is a clever idea from Bitcoin Core Developer Gregory Maxwell! Of course with the "slow and steady" speed at which Bitcoin Core moves it's almost certain that Viacoin will implement `CHECKLOCKTIMEVERIFY` first.

What's going on with treechains?

When I was in London last month I got the chance to speak to one of the Bitmessage devs. To make a long story short, it looks like Bitmessage will make a great "version zero" application for treechains to start testing out the basics of the idea in a real application. You can expect to see some code by the end of this month. Also, if you're in Israel Oct 19th-20th, I'll be speaking at the Inside Bitcoins conference about treechains.

Peter Todd

AnthonyWittgenstein

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Quote from: yavuzc78 on October 02, 2014, 03:15:09 AM

Quote from: Markov on October 02, 2014, 03:06:42 AM

Quote from: yavuzc78 on October 02, 2014, 02:58:14 AM

is this coin dead?

Are you shitting us?

no i know today via coin price will be 20k sat.

Yeah, it's definitely going to crash. I'll help you out and buy the rest of your VIA at 20k apiece...how much do you want to sell me? I'm just trying to help...I would hate for you to lose all your money on a shitcoin.

Markov

sr. member

Activity: 258

Merit: 250

Breizh Atao

Quote from: yavuzc78 on October 02, 2014, 03:15:09 AM

Quote from: Markov on October 02, 2014, 03:06:42 AM

Quote from: yavuzc78 on October 02, 2014, 02:58:14 AM

is this coin dead?

Are you shitting us?

no i know today via coin price will be 20k sat.

Good if it is I'll buy more of it. What makes you say that?

yavuzc78

hero member

Activity: 868

Merit: 1000

Quote from: Markov on October 02, 2014, 03:06:42 AM

Quote from: yavuzc78 on October 02, 2014, 02:58:14 AM

is this coin dead?

Are you shitting us?

no i know today via coin price will be 20k sat.

Markov

sr. member

Activity: 258

Merit: 250

Breizh Atao

Quote from: yavuzc78 on October 02, 2014, 02:58:14 AM

is this coin dead?

Are you shitting us?

yavuzc78

hero member

Activity: 868

Merit: 1000

is this coin dead?

yo2monty

newbie

Activity: 58

Merit: 0

“it’s almost certain that Viacoin will implement CHECKLOCKTIMEVERIFY first.”
hope Viacoin & Bitcoin are win-win.

btcdrak

legendary

Activity: 1064

Merit: 1000

Just noticed the viacoin blog was posted to r/bitcoin and is on the first page now: http://www.reddit.com/r/Bitcoin/comments/2hzx2z/peter_todd_checklocktimeverify_update_and_hint_at/

fox19891989

hero member

Activity: 840

Merit: 1000

Mintpal V2 migration is ongoing, can't wait for Via new home!

Free and secure, more whales, Via to da moon!

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: fox19891989 on October 01, 2014, 10:56:48 PM

Viacoin(Via) Chinese OP https://bitcointalksearch.org/topic/ann-via-viacoin-807139

Great, now all we need is for the PLA's pet bankers to ban it, and we're off to the Moon!

kingscrown

hero member

Activity: 672

Merit: 500

http://fuk.io - check it out!

any news on VIA market?

fox19891989

hero member

Activity: 840

Merit: 1000

Viacoin(Via) Chinese OP https://bitcointalksearch.org/topic/ann-via-viacoin-807139

fox19891989

hero member

Activity: 840

Merit: 1000

Quote from: J9901 on October 01, 2014, 09:39:40 AM

a bit old but i just saw this:

btcdrak talking a bit about viacoin WorldCryptoNews: https://www.youtube.com/watch?v=K4rYXIwD3OE#t=1844

better check /r/viacoin more often...

more and more ppl know Viacoin now Grin

john1975p

full member

Activity: 140

Merit: 100

Quote from: yo2monty on September 30, 2014, 10:08:47 PM

Quote from: fox19891989 on September 30, 2014, 08:06:53 PM

when will http://www.expresscoin.com/ accept viacoin?

Today it is Chinese National day, I go to see my family, later I will post a Chinese Viacoin OP. We need more promotions, afaik only a few Chinese know, hold, invest or mine Viacoin.

its really the BEST time to buy low Bitcoin then buy low Viacoin. Tongue

Looks good if expresscoin.com accept viacoin then price will boost.

yo2monty

newbie

Activity: 58

Merit: 0

Something interesting Cool

https://twitter.com/petertoddbtc/status/517332506165911552

J9901

sr. member

Activity: 490

Merit: 250

a bit old but i just saw this:

btcdrak talking a bit about viacoin WorldCryptoNews: https://www.youtube.com/watch?v=K4rYXIwD3OE#t=1844

better check /r/viacoin more often...

nonlinearboy

hero member

Activity: 703

Merit: 500

is now best time to buy some cheap via?

Topic: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★ - page 190. (Read 825850 times)