[ANN] [XCH] ★ ClearingHouse - Freedom by Blockchain ★ - page 38.

CryptoClub

legendary

Activity: 1470

Merit: 1000

cryptocollectorsclub.com

Quote from: cassius69 on August 11, 2014, 03:48:18 PM

Quote from: timmyd on August 11, 2014, 03:47:33 PM

lol ahhhhh dont no what to do change or keep.

keep some. exchange some Grin

I agree that makes the most sense, I went 50/50 just based on a hunch.

I think the platform will be successful, so in that case they should both go up in value... As XCH burning gets more expensive slowly over the 45 days - I figure now is the time to get my XCH.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: btcdrak on August 12, 2014, 12:27:27 PM

Quote from: PilotofBTC on August 12, 2014, 11:37:29 AM

Quote from: btcdrak on August 12, 2014, 11:09:37 AM

BIP32 means it generates the same addresses every time. They have an index, so #1 will always be the same, address #2 will always be the same etc. It is therefor unnecessary to store private keys on the server.

Right, but where does it store how many PK's I have generated and the watch addresses I have added? If it isn't on the server I assume it is on the client, local storage perhaps?

Also, is anyone else getting invalid cert message on the clearwallet? I'm getting this in FireFox:

clearwallet.co uses an invalid security certificate. The certificate is not trusted because no issuer chain was provided. (Error code: sec_error_unknown_issuer)

Seems like your Firefox version is out of date. I have installed Comodo's intermediate certificate which should solve the issue for you. Please check and PM me if you still have problems.

I see. I am up to date. Firefox only includes root certs with it's installer.

I shouldn't have to install intermediate certs. Your server should send them. Please google this issue there are instruction to fix this for both IIS and Apache.

---

Also, as far as I know, IE 10 & 11 do support Content-Security-Policy you just need to use the ms vendor prefix.

btcdrak

legendary

Activity: 1064

Merit: 1000

Quote from: PilotofBTC on August 12, 2014, 11:37:29 AM

Quote from: btcdrak on August 12, 2014, 11:09:37 AM

BIP32 means it generates the same addresses every time. They have an index, so #1 will always be the same, address #2 will always be the same etc. It is therefor unnecessary to store private keys on the server.

Right, but where does it store how many PK's I have generated and the watch addresses I have added? If it isn't on the server I assume it is on the client, local storage perhaps?

Also, is anyone else getting invalid cert message on the clearwallet? I'm getting this in FireFox:

clearwallet.co uses an invalid security certificate. The certificate is not trusted because no issuer chain was provided. (Error code: sec_error_unknown_issuer)

Seems like your Firefox version is out of date. I have installed Comodo's intermediate certificate which should solve the issue for you. Please check and PM me if you still have problems.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: CryptoTrout on August 12, 2014, 12:00:03 PM

Okay can someone please use retard speak to explain why I would want to invest my VIA into XCH rather than selling for a BTC profit? How do I get money back out of XCH after the 45 day period? What will VIA still be good for after the 45 Days?

XCH is needed to create colored coins in Clearinghouse. When XCH is used in this way it is burned so the number of XCH available will decrease. XCH will also be traded in clearing house, so you can trade them for Via (and probably other pairs as well).

Due to this it may be that XCH will be worth more Via than what you originally burned to acquire them.

XCH runs on the Via coin block chain, so Via is the underlying store of value and POW for XCH. So, Via will still have value and always at the least you will need 85 XCH to acquire 1 Via. XCH will "probably" trade on regular exchanges as well just XCP does. So, Via/XCH has the same relationship as BTC/XCP does.

You might want to read about counterparty https://www.counterparty.co/about/ . The problem with counterparty is that the bitcoin devs are doing everything they can to stop this from working, since they consider it blockchain spam. Also, I think Clearinghouse, which it uses the counterparty protocol, has an advantage running on Via's blockchain due to the 24 second blocks, which makes all the CH trades run faster.

The main difference, which I'm not sure I love, is that the Via isn't actually being burned the way Bitcoin was to create counterparty.

Honeycutt22

sr. member

Activity: 280

Merit: 250

Quote from: CryptoTrout on August 12, 2014, 12:00:03 PM

Okay can someone please use retard speak to explain why I would want to invest my VIA into XCH rather than selling for a BTC profit? How do I get money back out of XCH after the 45 day period? What will VIA still be good for after the 45 Days?

Haha yea please. I understand retard very well!!

CryptoTrout

hero member

Activity: 706

Merit: 500

https://twitter.com/CryptoTrout

Okay can someone please use retard speak to explain why I would want to invest my VIA into XCH rather than selling for a BTC profit? How do I get money back out of XCH after the 45 day period? What will VIA still be good for after the 45 Days?

kebabman

hero member

Activity: 655

Merit: 504

You wan chili saus?

Quote from: kebabman on August 11, 2014, 08:12:20 PM

Hmm, so there was a sell order on https://clearwallet.co/ for 5000XCH @ 0.0857VIA so I put in a bid for 200VIA (2333.72228705XCH), the moment I did it the sell order disappeared leaving my buy order hanging, I cancel the buy order and I've lost 2.01VIA in fees on an unexecuted order! That's not so cool. Sad

btcdrak any comment on this? The clearwallet VIA address is VgXFuderEt7ngnPdDrpEiMnumfmqfyQMC6 if that helps?

kelvng105

sr. member

Activity: 267

Merit: 250

Hi... Is it possible to build a XCH ticket somehow? Thx

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: btcdrak on August 12, 2014, 11:09:37 AM

BIP32 means it generates the same addresses every time. They have an index, so #1 will always be the same, address #2 will always be the same etc. It is therefor unnecessary to store private keys on the server.

Right, but where does it store how many PK's I have generated and the watch addresses I have added? If it isn't on the server I assume it is on the client, local storage perhaps?

Also, is anyone else getting invalid cert message on the clearwallet? I'm getting this in FireFox:

clearwallet.co uses an invalid security certificate. The certificate is not trusted because no issuer chain was provided. (Error code: sec_error_unknown_issuer)

btcdrak

legendary

Activity: 1064

Merit: 1000

Quote from: PilotofBTC on August 12, 2014, 10:38:28 AM

Quote from: btcdrak on August 12, 2014, 05:21:35 AM

Quote from: provenceday on August 12, 2014, 05:18:56 AM

hi dev

can we set a Google Authenticator （2FA） for https://clearwallet.co/?

then it's more safety.

Clearwallet doesnt store any data. It's all using deterministic wallets - that's what the seed is. There is therefore nothing to secure against using 2FA.

Where does the clear wallet keep watch addresses and how many address you have generated? Is that info stored on the server?

BIP32 means it generates the same addresses every time. They have an index, so #1 will always be the same, address #2 will always be the same etc. It is therefor unnecessary to store private keys on the server.

MuffinMaster

sr. member

Activity: 1414

Merit: 265

Pepemo.vip

Quote from: PilotofBTC on August 12, 2014, 10:42:18 AM

Quote from: ?? on ??

U wabnt more funding? 370,000$ not enough from community? ppls cant see u are stealing their money, lol

and u issue like 0.45 btc to logos n stuff. u spent maybe 2 out of 600 btc on via yet ahahahah

He also hired two other developers to work with him. I'm 99% sure they are getting paid.

Would you rather have this project be underfunded and fail like everything else or be fully funded with a strong team?

No more fly by night coins.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: ?? on ??

U wabnt more funding? 370,000$ not enough from community? ppls cant see u are stealing their money, lol

and u issue like 0.45 btc to logos n stuff. u spent maybe 2 out of 600 btc on via yet ahahahah

He also hired two other developers to work with him. I'm 99% sure they are getting paid.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: ?? on ??

Quote from: smokim87 on August 12, 2014, 06:12:26 AM

So the converted via goes to development via wallet? Quite interesting and well planned out. If everyone converts their via to XCH demand goes up, via worth more hence mining via becomes more profitable for miners thus via gets even stronger than it is now. But wondering after 45 days when the "fire-sale" is over and XCH supply becomes fixed, what can via be used for? Sorry if this was mentioned before, haven't been following news lately.

Thanks.

It's an asset class like any other coin, but specifically XCH is required to issue other tokens/assets within ClearingHouse.

Will XCH be traded on exchanges or only in Clearing House?

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: btcdrak on August 12, 2014, 05:21:35 AM

Quote from: provenceday on August 12, 2014, 05:18:56 AM

hi dev

can we set a Google Authenticator （2FA） for https://clearwallet.co/?

then it's more safety.

Clearwallet doesnt store any data. It's all using deterministic wallets - that's what the seed is. There is therefore nothing to secure against using 2FA.

Where does the clear wallet keep watch addresses and how many address you have generated? Is that info stored on the server?

btcdrak

legendary

Activity: 1064

Merit: 1000

Thank you pilot.

PilotofBTC

legendary

Activity: 1736

Merit: 1001

Quote from: JoeRigs on August 12, 2014, 02:14:50 AM

OK, I obviously don't understand something here...

I saw at Clearwallet that I had the ability to "send" my recently acquired XCH to my VIA wallet. ...So, I sent 500 XCH to see what happened.

I guess I expected to see a separate entry in the wallet showing 500 XCH. Instead, the wallet converted the 500 XCH to just .0012 VIAcoin.

I certainly didn't expect this "send" feature to reduce the 5 VIAcoin worth of XCH (5 via = 500 XCH) down to .0012 VIAcoin. Pretty glad I didn't send ALL of my XCH to my wallet. (A 99.98% devaluation is pretty harsh.)

I will translate drak's dev speak for you.

Basically, your Via wallet doesn't know anything about XCH coins. Only the clearing house wallet does. So, if you add a watch to the clearwallet for your Via wallets address it will show your XCH in all their glory.

btcdrak

legendary

Activity: 1064

Merit: 1000

There have been a few questions about the clearwallet.co. This service does not store your private keys on the server, it's all processed by BIP32 in the browser. There is no way for server operators to get access to your XCH funds. That is why the seed *is* the password. Think of it as Vialectrum online.

JoeRigs

newbie

Activity: 38

Merit: 0

Quote from: btcdrak on August 12, 2014, 07:32:44 AM

What address did you send the XCH to? PM me, then you can post your results.

OK, just sent you the address via PM...

btcdrak

legendary

Activity: 1064

Merit: 1000

Quote from: JoeRigs on August 12, 2014, 07:30:44 AM

Quote from: btcdrak on August 12, 2014, 04:31:36 AM

Quote from: JoeRigs on August 12, 2014, 04:05:02 AM

Quote from: btcdrak on August 12, 2014, 03:38:42 AM

ClearingHouse records transactional information using the viacoin blockchain. To send XCH from Alice to Bob means sending a small amount of Viacoin to addresses. Those transactions have the metadata in them. This means ClearingHouse can then go back over the blockchain and extract the data from the blockchain.

Does that make sense? When you send XCH the XCH control moves from your address to the destination address. No XCH is reduced, you only pay a tiny *viacoin* fee for making the transaction (just as you would for a normal viacoin transaction).

Are you saying that I can convert the 500 XCH that is now represented as .0012 VIAcoin in my wallet back into 500 XCH (minus the small VIA fee) by sending it from my VIAcoin wallet back to ClearWallet?

If this is correct, is there any special procedure? (Or would I just send .0012 VIAcoin to my ClearWallet address?)

What i am saying is it was never converted. You sent XCH, what you are seeing, this 0.0012 is just the fee. XCH does not show up on the viacoin block explorer since it is not Via.

You say that "no XCH is reduced" and that it "wasn't converted." That implies to me that I sent 500 XCH and (because it wasn't reduced or converted) that 500 XCH still exists somewhere. Since it is not visible in my ClearWallet wallet, or in my VIA wallet, how do I retrieve it?

I am sincerely trying to understand what happened when I "sent" the 500 XCH. Normally, when you "send" something, it arrives somewhere; somebody gains access to what was sent.

What address did you send the XCH to? PM me, then you can post your results.

JoeRigs

newbie

Activity: 38

Merit: 0

Quote from: btcdrak on August 12, 2014, 04:31:36 AM

Quote from: JoeRigs on August 12, 2014, 04:05:02 AM

Quote from: btcdrak on August 12, 2014, 03:38:42 AM

ClearingHouse records transactional information using the viacoin blockchain. To send XCH from Alice to Bob means sending a small amount of Viacoin to addresses. Those transactions have the metadata in them. This means ClearingHouse can then go back over the blockchain and extract the data from the blockchain.

Does that make sense? When you send XCH the XCH control moves from your address to the destination address. No XCH is reduced, you only pay a tiny *viacoin* fee for making the transaction (just as you would for a normal viacoin transaction).

Are you saying that I can convert the 500 XCH that is now represented as .0012 VIAcoin in my wallet back into 500 XCH (minus the small VIA fee) by sending it from my VIAcoin wallet back to ClearWallet?

If this is correct, is there any special procedure? (Or would I just send .0012 VIAcoin to my ClearWallet address?)

What i am saying is it was never converted. You sent XCH, what you are seeing, this 0.0012 is just the fee. XCH does not show up on the viacoin block explorer since it is not Via.

You say that "no XCH is reduced" and that it "wasn't converted." That implies to me that I sent 500 XCH and (because it wasn't reduced or converted) that 500 XCH still exists somewhere. Since it is not visible in my ClearWallet wallet, or in my VIA wallet, how do I retrieve it?

I am sincerely trying to understand what happened when I "sent" the 500 XCH. Normally, when you "send" something, it arrives somewhere; somebody gains access to what was sent.

Topic: [ANN] [XCH] ★ ClearingHouse - Freedom by Blockchain ★ - page 38. (Read 119152 times)