Topic: [ANN] [XCH] ★ ClearingHouse - Freedom by Blockchain ★ - page 26. (Read 119133 times)

@EtherCoin  What browser are you using?  At first, some people said Firefox was the issue, but I use Firefox, and ClearWallet is actually working extremely well now with Firefox - I'm not having any of the error issues or any problems seeing the "buy side" order book. 

To be honest, ClearWallet even seems to be running quicker and more smoothly for me now.

The 1 thing that I did notice is that I can no longer access the "betting" feature as it says "it's not allowed in my country" (which is USA)...I certainly understand that Amerika is a mess, and the bastards from NYC will try to use the legal system to eliminate all competition. 

I'm very happy that the UK seems to be encouraging crypto innovation, AND now that Russia is attacking crypto, it seems that the UK will encourage it even more  

Drak, I'm just curious...what are the country restrictions for the betting features in ClearWallet (and what is your exact reasoning for this)?

P.S.  I 100% support this proactive move on your part

Asset exchange still looking really messy.

So basically I want to scout the XCH/VIA market, everything goes normal, I can see the chart, order books, etc.

10 seconds and I get a timeout message.

Go back a step to exchange, then select XCH/VIA again. I can see the charts and SELL order book but not BUY side.

I place an order, and regardless of the bid amount I enter, it keeps saying after a few secs that the quantity is not valid due to error in decimals or something like that. There is no margin for errors since I am copy/past'ing.

I try to do it fast before the error pops, the buy order is confirmed but I still cannot see it, nor the other buy orders.

I decide to purchase the cheapest SELL order. Proceed to do so, succeeded after a few mins. Decided to send the recently purchased XCH to an address generated exclusively to hold these. More than 5 minutes have passed and still not succeeded.

Still cannot see BUY order book side.

All this process being painfully slow, and feeling dangerous and unstable.

--

Would like to ask. Is it my particular problem or is somewhat generalized? And what are the plans in order to improve speed and stability in the clearwallet exchange? As for now, doesn't look ready for real time trading.

Eth.

http://coinmarketcap.com/currencies/clearinghouse/#charts

Bter is the first. I am sure others will follow.

Is this the first/only centralized exchange where it's trading or are there others?

Yes, I fixed it.

Clearwallet (XCH/Via trade) seems to be working properly now. We can just look at the number of trades today and compare with earlier figures..

Indeed, this means I'm looking at quite a loss in value of my initital investment. Started to wonder long ago if this would ever pay off, guess not. No choice but holding now.

Because support is by PM - https://bitcointalksearch.org/topic/m.8300525
I already wrote to you.

why my post was deleted? I'm compiaining about problems with clearwallet.co

many ppl bought viacoin above 50k sat and converted into XCH, they have higher XCH price.

I must say, Drak, that was a nice little touch inside of ClearWallet - your new banner that provides access to outside exchanges for XCH...Well done

It would be really cool if Mintpal-V2 eventually offers a XCH/BTC trading pair...I'm really excited to see their new platform!

No. Too myopic.
XCH happens to be the fee currency for creating assets (which is actually an antispam measure), but it is also a digital token with all the properties of fungability, divisibility etc. you would expect.

I see, so currently the only purpose for XCH is creating trading pairs etc.  is this correct?

Nope, they can be traded against eachother, or VIA, and even an exchange like Bter could even trade them against other real world coins.

Do all assets in clearinghouse have to be traded against XCH?

I was recently asked to make some bullet points for someone who wanted to do a presentation covering Viacoin and ClearingHouse. These are some short bullets:

Viacoin (the future of digital currency)
- Faster confirmation time (~24 seconds).
- Higher transaction capacity.
- Larger OP_RETURN space: 120 bytes (80 now, but next release increases to 120 bytes). This allows for metadata to be stored in the blockchain.
- Friendly to embedded consensus applications (unlike bitcoin who regard those uses as non-standard and 'spammy' and have been trying to block them c.f. counterparty/mastercoin).
- Extending the scripting language
  e.g. Pioneering CHECKLOCKTIMEVERIFY to allow payments to be unspendable until a certain time in the future.
- Pioneering treechains which will end mining centralisation and allow many offchain applications like micro payment channels and high frequency trading.

ClearingHouse (freedom by blockchain)
- Embedded consensus system called ClearingHouse based on Counterparty - got the same benefits and it's faster and developing more features (see below)
- Faster confirmation times make ClearingHouse much more usable
- Blockchain Notary (in beta on testnet currently) - stores cryptographic hashes using proof-of-publication against a viacoin address. they are owned by the address and can be transferred like viacoins to another address thus transferring ownership.
- CustodyChains (in development) - add proof of receipt/delivery. A real world item can be represented in the blockchain, owned and sent to another address, however the transfer doesnt complete unless the recipient signs for it.

As you can see, you cannot compare the two projects, they are two separate projects that just happen to be developed and maintained by the same team.

ok...Thank you for that. I will convert some via to xch to spread it out then.

Think of them as two separate coins. As it stands in terms of market capitalisation, Viacoin is higher. But if you are speculating about future value, that is a different thing.

XCH and VIA are two separate coins entirely. You need viacoins to pay the transaction fees for XCH or any ClearingHouse asset.
It's the same relationship of XCP (counterparty) and BTC. The price of XCP and BTC are quite independent of each other, just because you need BTC to pay the transaction fees is pretty meaningless in terms of pricing Viacoins.

You need to divorce the two systems in your mind. The Viacoin blockchain has it's own token (viacoin) and the ClearingHouse protocol has about 600 tokens, one of which is called XCH. ClearingHouse stores it's transaction history inside the Viacoin blockchain using viacoin transactions. Someone else could equally launch a similar system on top of the Viacoin blockchain, and if they did, again there would be no relationship financially to viacoin.

For reference: Viacoin = the protocol, viacoin = the token.