[ANN] [XRDN] Project Radon - Rebrand update released - Hard fork at block 338000 - page 9.

goblynn

sr. member

Activity: 292

Merit: 250

Quote from: tm2013 on June 05, 2015, 08:22:58 AM

Quote from: ?? on ??

Ok so my idea is:
There doesn't have to be 2 coins.
This coin can be called Radon. and ticker RDN instead of being called xrdn and xradon.
Then, the platform is called xRadon.
Radon would have a good roadmap and long term plan.
and the platform uses RDN. no coin swaps or anything. people just deposit their current RDN and withdraw freely.
And in the platform, people can send and receive RDN instantly and anonymously to each on the radon platform.
And when ever people want to withdraw their RDN to their wallet they can withdraw in a withdraw section of the platform.
That is part 1
and part 1 would include 1 coin only (the one we are currently using). and there is no need for another coin or any coin swap at all.
so to sum it up, basically radon would have the same on-chain transactions we have now. and it would also have off-chain transactions.
and the off-chain transactions would be instant and anonymous.
now in the first step the off-chain would be run on the devs servers and we would have to trust him not to rob us.

Second step would be to develop it further to be a trustless system that is run on a distributed network of nodes run by the people. and then people can charge fees for processing these off-chain transactions.
This will mean Radon would have decentralized, trustless, instant, anonymous, off-chain scalable transactions.

Meaning we would be a top 10 coin.

Grin

That is a very good idea. Any objections to not going this route?

only one small tiny problem...is the Fees Wink

would have to remove the feeless part from the whole idea...

tm2013

hero member

Activity: 644

Merit: 500

Quote from: ?? on ??

Ok so my idea is:
There doesn't have to be 2 coins.
This coin can be called Radon. and ticker RDN instead of being called xrdn and xradon.
Then, the platform is called xRadon.
Radon would have a good roadmap and long term plan.
and the platform uses RDN. no coin swaps or anything. people just deposit their current RDN and withdraw freely.
And in the platform, people can send and receive RDN instantly and anonymously to each on the radon platform.
And when ever people want to withdraw their RDN to their wallet they can withdraw in a withdraw section of the platform.
That is part 1
and part 1 would include 1 coin only (the one we are currently using). and there is no need for another coin or any coin swap at all.
so to sum it up, basically radon would have the same on-chain transactions we have now. and it would also have off-chain transactions.
and the off-chain transactions would be instant and anonymous.
now in the first step the off-chain would be run on the devs servers and we would have to trust him not to rob us.

Second step would be to develop it further to be a trustless system that is run on a distributed network of nodes run by the people. and then people can charge fees for processing these off-chain transactions.
This will mean Radon would have decentralized, trustless, instant, anonymous, off-chain scalable transactions.

Meaning we would be a top 10 coin.

Grin

That is a very good idea. Any objections to not going this route?

Trial

hero member

Activity: 664

Merit: 500

What quantity of coins will be?

rahmad2nd

legendary

Activity: 2548

Merit: 1009

Leading Crypto Sports Betting & Casino Platform

price dying...
waiting more detail dev for future

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

Quote from: Sythyn on June 04, 2015, 11:56:03 PM

any more details on this are we supposed to trade the coin in?

hopefully after the hipos reward drops from its current 25 per block in 5 days

Sythyn

hero member

Activity: 1082

Merit: 505

A Digital Universe with Endless Possibilities.

any more details on this are we supposed to trade the coin in?

tm2013

hero member

Activity: 644

Merit: 500

Quote from: ?? on ??

Quote from: tm2013 on June 04, 2015, 11:30:55 PM

Quote from: ?? on ??

Quote from: tm2013 on June 04, 2015, 11:20:20 PM

Quote from: ?? on ??

Quote from: tm2013 on June 04, 2015, 11:09:03 PM

Quote from: ?? on ??

Quote from: tm2013 on June 04, 2015, 11:01:33 PM

Quote from: ?? on ??

Another way would be to make a burn address for xradon, and people send coins to it. and then you can see on the block explorer who sent coins to the burn address.
Then you can send to those addresses manually or use a script to do it in an automated way to save you time.
and then to redeem their coins they can import the private keys they used to burn with into radon.

both the burn method and the snapshot method require the radon wallet to work with xradon private and public keys. which i don't think they do. so is their a way you can make them work?

Using the method of a snapshot and an automated script would be best.

Cool
Even in the way of the snapshot, the private and public keys of the wallets are different i think. So the radon wallet will need to be able to send to xradon public keys, and be able to import xradon private keys too for sending to the snapshot list to work.
There is a way for that to work right?

The private key structure is different, but the public key structure can easily be modified to match the format of an xRDN public key.
Edit: so in that case, a hybrid burn/snapshot will be done.

wait i don't understand.
both ways will need radon to be able to import xradon private keys.

Not really. You would be able to send your xRadon to your Radon account. You would still own your coins, they're just transferred onto the new chain.

Without being able to import the private key, there will be no way to prove that you own the address, and no way to spend them.

The point is not to keep the coins at your original address. You send them to your new xRadon address that is tied to your Radon private key. Those coins become technically unspendable, but are still verified sent to the new xRadon address before the chain is snapshotted and frozen.

I am confused. How will you know which new addresses are the radon addresses. its impossible to know.

I thought you were gonna make a snapshot of the xradon blockchain, like make a big list of the addresses and balances people have on the xradon blockchain like a big richlist of all addresses. and then use an automated script to send the radon balances to the addresses of xradon that are on the snapshot list.
in which case they need to be able to import the xradon private keys into the radon wallet in order to use.

Well I guess it will be more complicated than any of these solutions. Just join in the slack channel and we can continue discussing it.