Hello, can i ask how much money alredy raised in the crowdsale?
tia
Topic: [ANN][CrowdSale Ended]🌟🌟🌟🌟 NVO Decentralized Exchange | MultiWallet 🌟🌟🌟🌟 - page 133. (Read 170086 times)
June 16, 2017, 11:42:42 AM
June 16, 2017, 09:52:20 AM
I have a few questions:
1. Will there be iOS and Android apps? I don't see that on the Roadmap.
Regarding fund release:
2. 30% release at the end of the crowdsale - How will token distribution calculated if you can only sell 30% of the altcoins?
3. 30% at the delivery of the beta wallet and first API Cluster - When will official wallet be released?
1. Will there be iOS and Android apps? I don't see that on the Roadmap.
Regarding fund release:
2. 30% release at the end of the crowdsale - How will token distribution calculated if you can only sell 30% of the altcoins?
3. 30% at the delivery of the beta wallet and first API Cluster - When will official wallet be released?
June 16, 2017, 08:32:34 AM
Cool at least we're not grudging, you're welcome, let me explain how its going to work.
The situation you describe is true in the case where the validator is a single entity hosted on SafeNet, even if in order to get the private keys, one must basically break safenet.
The difference now (and this is a disclosed information) will be run simultaneously from different wallets, each wallet will have its own validator Instance, its job is to verify the orders and the transaction informations. During a trade, if someone manages to get access to its private key, he will be the unique victime of his cheating attempt, as the other instances won't accept his order.
It doesn't means that NVO will allow 0 confirmation bitcoin transactions, at this stage it would be hypotethical, a minimum of 1 block confirmation is required, however, LN integration is a must, as it solves a lot of issues experienced by the DEXs, Segwit will be helpfull too.
Regarding the possibility to send a transaction with low fees, the different validators will check this information too as the minimum will be determined by the validator depending on the network state.
I know about Bitbay and BitHalo, and i understand that you defend your ideas about atomic trading
and i appreciate the exchange of idea.Right, well I'm glad you re-read my response I wasn't attacking you. The problem is, it is not decentralized exchange. Linking 2 of 2 multisig is almost the same as 2 of 3 but slightly more secure.
The validator can SPOOF the buyer or seller and default on their obligation after getting a valid signature.
So the example:
Bob wants to send LTC to Alice for BTC
Bob forms 2 of 2 with unique validator, Alice forms 2 of 2 with unique validator (potentially the same one or not doesn't matter the attack is the same either way).
Bob signs to send LTC under the assumption that Alice will be beholden to being honest by the validator.
The problem? The validator IS ALICE (and potentially the 2nd signature in Bobs tx too).
Bob sends the LTC, Alice doesn't bother to send her BTC in fact she withdraws it and takes Bobs LTC.
This is a pretty serious attack and thus this cannot possibly be decentralized exchange.
Only a lightning network and AT are decentralized exchange (and potentially microtrading in a 2 of 2 double deposit escrow).
Again, I'm not trying to rattle your cage or "insult you". I definitely want more people doing projects that are more secure than modern exchanges. But what you propose in safe network is a series of green addresses 2 of 2 accounts. It doesn't eliminate the risk of theft at all. Thats because the validator could collude with buyer or seller. Whomever runs those servers has a lot of power to spoof deals.
The validator works as instances, is any instance is broken, the user won'tbe able to realise operations on the exchange.
Bob wants to send LTC to Alice for BTC
Bob forms 2 of 2 with unique validator, Alice forms 2 of 2 with unique validator
Bob signs to send LTC under the assumption that Alice will be beholden to being honest by the validator.
The role of the validators is to check for the validity of informations, the instances won't trust each other and will cancel any order at the first sign of manipulation untill both parties release the funds.
Again there is no way to prove the validator is not colluding on a deal. Validators can spoof buyers or sellers. You can't cancel a signed transaction on any cryptographic network once an input is signed thats it. This is not trustless, it is a multisignature exchange.
It must first understand that the validator, is a sort of trinity, later the code will be open source time to get on the market, if the Christian religion has worked until now, it is thanks to its forks.
I said it's like a blockchain, without being one of them because the blockchains offer too much information, this blockchain will have to record the encrypted data, synchronizing the wallets, and placing the orders.
Now, the second part.
It is like a small smart contract, which will send the privkey to safenet, and store the decryption key into the blockchain, let's say that it is a smart contract that does a 2-of-2 multisig.
Like christians and the holy spirit, you feel it is present, there is a connection between you two, but you can not touch it because it is god-controlled, here it is the blockchain.
Now there is the safenet where we will store the information of jesu, the private keys, like the book of jesu, its change all the time, to add more love, to change parabola ...
Whenever there is a trade, the wallet will use a part of the safebrowser to create the private keys and send them to the safenet, retrieve the decription key and save it in the blockchain.
So, now the gas can be barred, and whatever someone wants to trade with it, whether it is or not, the blockchain knows which key it is, it will all sympathy create a small smart contract that will go Recover the key and exchange.
As a result, safenet will operate as a stokage website.
I have 4 months to find a name, at the moment it's "chrispilism", I know it's rotten, I'll find something else.
It remains only the 0 conf to elaborate, and I am in the process of reflecting, I would give the raiponse soon.
I forgot a small detail, at the end of each trade, another mimi smart contract will delete the private key and decryption key, that's where I explore the conf.
June 16, 2017, 08:17:14 AM
Cool at least we're not grudging, you're welcome, let me explain how its going to work.
The situation you describe is true in the case where the validator is a single entity hosted on SafeNet, even if in order to get the private keys, one must basically break safenet.
The difference now (and this is a disclosed information) will be run simultaneously from different wallets, each wallet will have its own validator Instance, its job is to verify the orders and the transaction informations. During a trade, if someone manages to get access to its private key, he will be the unique victime of his cheating attempt, as the other instances won't accept his order.
It doesn't means that NVO will allow 0 confirmation bitcoin transactions, at this stage it would be hypotethical, a minimum of 1 block confirmation is required, however, LN integration is a must, as it solves a lot of issues experienced by the DEXs, Segwit will be helpfull too.
Regarding the possibility to send a transaction with low fees, the different validators will check this information too as the minimum will be determined by the validator depending on the network state.
I know about Bitbay and BitHalo, and i understand that you defend your ideas about atomic trading
and i appreciate the exchange of idea.Right, well I'm glad you re-read my response I wasn't attacking you. The problem is, it is not decentralized exchange. Linking 2 of 2 multisig is almost the same as 2 of 3 but slightly more secure.
The validator can SPOOF the buyer or seller and default on their obligation after getting a valid signature.
So the example:
Bob wants to send LTC to Alice for BTC
Bob forms 2 of 2 with unique validator, Alice forms 2 of 2 with unique validator (potentially the same one or not doesn't matter the attack is the same either way).
Bob signs to send LTC under the assumption that Alice will be beholden to being honest by the validator.
The problem? The validator IS ALICE (and potentially the 2nd signature in Bobs tx too).
Bob sends the LTC, Alice doesn't bother to send her BTC in fact she withdraws it and takes Bobs LTC.
This is a pretty serious attack and thus this cannot possibly be decentralized exchange.
Only a lightning network and AT are decentralized exchange (and potentially microtrading in a 2 of 2 double deposit escrow).
Again, I'm not trying to rattle your cage or "insult you". I definitely want more people doing projects that are more secure than modern exchanges. But what you propose in safe network is a series of green addresses 2 of 2 accounts. It doesn't eliminate the risk of theft at all. Thats because the validator could collude with buyer or seller. Whomever runs those servers has a lot of power to spoof deals.
The validator works as instances, is any instance is broken, the user won'tbe able to realise operations on the exchange.
Bob wants to send LTC to Alice for BTC
Bob forms 2 of 2 with unique validator, Alice forms 2 of 2 with unique validator
Bob signs to send LTC under the assumption that Alice will be beholden to being honest by the validator.
The role of the validators is to check for the validity of informations, the instances won't trust each other and will cancel any order at the first sign of manipulation untill both parties release the funds.
Again there is no way to prove the validator is not colluding on a deal. Validators can spoof buyers or sellers. You can't cancel a signed transaction on any cryptographic network once an input is signed thats it. This is not trustless, it is a multisignature exchange.
June 16, 2017, 06:27:46 AM
Do we really need a coin from a random exchange? Look at shapeshift.
NVOT is a token, not a coin and this is not a "random exchange".Good evening. In the deposit panel on the NVO site, my deposited funds are doubled. I put x in doge and it appeared 2x of doge 
. Some errors in checking the addresses.
There is an error with the API. It will be fixed today.. Some errors in checking the addresses.Which option do devs advise?Use bitcoin wallet or counterparty(bitcoin)wallet to send their funds from in order to have seamless conversion process?
In this post: https://bitcointalksearch.org/topic/m.19226871, or in the dashboard.*Counterparty wallet is technically web wallet.
Point being? The majority of web wallets do not offer private keys, and the users obviously aren't educated enough to make these kinds of calls (otherwise we would not have >50 people who made a mistake like this). Therefore, we have advised against all web wallets/exchanges/services with the exception of the counterparty wallet. June 16, 2017, 06:19:17 AM
The counterwallet sweep function has not been working for a long time.
https://github.com/CounterpartyXCP/counterwallet/issues/818
https://counterpartytalk.org/c/support (One poor guy was trying for 6 months...)
This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.
https://github.com/CounterpartyXCP/counterwallet/issues/818
https://counterpartytalk.org/c/support (One poor guy was trying for 6 months...)
This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.
Which option do devs advise?Use bitcoin wallet or counterparty(bitcoin)wallet to send their funds from in order to have seamless conversion process?
*Counterparty wallet is technically web wallet.
June 15, 2017, 09:45:43 PM
Good evening. In the deposit panel on the NVO site, my deposited funds are doubled. I put x in doge and it appeared 2x of doge . Some errors in checking the addresses.
. Some errors in checking the addresses. June 15, 2017, 09:23:06 PM
Hi guys,
first of all, sorry for my (maybe answered) basic question. I've successfully transferred few LTCs from my personal Exodus wallet into NVO. Understood that from 1th of July all investors will receive certain amount of NVOT into their BTC wallet. In my case - exodus - how can I change the NVOT to BTC or another altcoin in the future? Within NVO app? Or I need to import private keys from exodus wallet into new counterparty wallet and do the exchange there?
Thank you so much for answering and please excuse my ignorance and poor english
a.
Use your counterparty wallet to convert NVOT later after the crowdfunding first of all, sorry for my (maybe answered) basic question. I've successfully transferred few LTCs from my personal Exodus wallet into NVO. Understood that from 1th of July all investors will receive certain amount of NVOT into their BTC wallet. In my case - exodus - how can I change the NVOT to BTC or another altcoin in the future? Within NVO app? Or I need to import private keys from exodus wallet into new counterparty wallet and do the exchange there?
Thank you so much for answering and please excuse my ignorance and poor english
a.
June 15, 2017, 09:03:51 PM
Why should I invest in this?
Do we really need a coin from a random exchange? Look at shapeshift.
Do we really need a coin from a random exchange? Look at shapeshift.
June 15, 2017, 09:00:04 PM
How is NVO different from Safe Exchange Coin??
June 15, 2017, 06:51:43 PM
In the field of whether this coin will be distributed .. and how many targets ico.. can will enter a big market like bittrex, yobit if it is finished ico??
June 15, 2017, 06:45:12 PM
Today I observed total disaster of SONM ICO, their site went down, people are being scammed into depositing ICO founds into wrong wallet addresses on their Slack channel.
I just hope that NVO is much more professional project. And there never will be a failure like this either with ICO founding (which is totally amazing) or later, during development process.
10 days to go! Godspeed!
I just hope that NVO is much more professional project. And there never will be a failure like this either with ICO founding (which is totally amazing) or later, during development process.
10 days to go! Godspeed!
Everything is ok now, or almost, I have received my token, and ICO goes great..we already got more than 110k ETH or more than 289M SNM coins sold.
...of course ...I also invested in NVO!!
We hope that NVO will also be well
June 15, 2017, 06:43:31 PM
Today I observed total disaster of SONM ICO, their site went down, people are being scammed into depositing ICO founds into wrong wallet addresses on their Slack channel.
I just hope that NVO is much more professional project. And there never will be a failure like this either with ICO founding (which is totally amazing) or later, during development process.
10 days to go! Godspeed!
I just hope that NVO is much more professional project. And there never will be a failure like this either with ICO founding (which is totally amazing) or later, during development process.
10 days to go! Godspeed!
Everything is ok now, or almost, I have received my token, and ICO goes great..we already got more than 110k ETH or more than 289M SNM coins sold.
June 15, 2017, 06:03:40 PM
is there some way to see how much we've contributed before the crowdsale goes final?
June 15, 2017, 05:22:35 PM
Today I observed total disaster of SONM ICO, their site went down, people are being scammed into depositing ICO founds into wrong wallet addresses on their Slack channel.
I just hope that NVO is much more professional project. And there never will be a failure like this either with ICO founding (which is totally amazing) or later, during development process.
10 days to go! Godspeed!
I just hope that NVO is much more professional project. And there never will be a failure like this either with ICO founding (which is totally amazing) or later, during development process.
10 days to go! Godspeed!
June 15, 2017, 05:00:17 PM
Hi guys,
first of all, sorry for my (maybe answered) basic question. I've successfully transferred few LTCs from my personal Exodus wallet into NVO. Understood that from 1th of July all investors will receive certain amount of NVOT into their BTC wallet. In my case - exodus - how can I change the NVOT to BTC or another altcoin in the future? Within NVO app? Or I need to import private keys from exodus wallet into new counterparty wallet and do the exchange there?
Thank you so much for answering and please excuse my ignorance and poor english
a.
first of all, sorry for my (maybe answered) basic question. I've successfully transferred few LTCs from my personal Exodus wallet into NVO. Understood that from 1th of July all investors will receive certain amount of NVOT into their BTC wallet. In my case - exodus - how can I change the NVOT to BTC or another altcoin in the future? Within NVO app? Or I need to import private keys from exodus wallet into new counterparty wallet and do the exchange there?
Thank you so much for answering and please excuse my ignorance and poor english
a.
June 15, 2017, 02:21:32 PM
Smart investors discussing NVO at ICO Forum. Join: http://icoforum.herokuapp.com
June 15, 2017, 02:19:47 PM
Can i use trezor wallet for the ico?
i don't think trezor gives you the address private key that you need,
easiest option in my opinion :
create new counterwallet address --)) note the private key somewhere ---)) send btc to counterwallet ----)) send counterwallet BTC to crowdsale ----)) profit
thanks for the info
June 15, 2017, 02:01:41 PM
Lauda, I really appreciate your extreme patience, it must be VERY frustrating answering the SAME BASIC QUESTION OVER AND OVER AND OVER AND OVErrrrr...........
Welcome to our community
Lol! Agree, forum is full of noobs and frustrating people keep bugging same thing time and again. But I feel managing an ICO thread is a matter of responsibility, after all one is representing entire project and on the basis of your representation you gonna receive support from public.
And I feel NVO. IO is successful enough till now to create positive environment in forum for its project.
June 15, 2017, 02:00:14 PM
Two men. We don't know who they are. A couple of photographs. Several videos. Two supporters. One of them seems professional. The other is a bit funny and catches up with the criticisms. Though he is not tolarating the criticisms.
Actually, nemgun is the third person in this project for now. Tonbi and Yanni are the founders, whilst nemgun will help develop it. Part of the funds will be used to hire additional developers.There is no Github. A fucking demo that has no function except for body-showing.
Why would there be a Github repository for something that has yet to be built? There is no evidence except for blockchain record when you invest with BTC or any coin / token / asset on Crowdsale panel.
Are you trying to imply that centralized evidence, i.e. a database of a website is superior evidence to cryptography? 
Every single investment is escrowed, and there are 4 independent escrows. One of which is the CEO of coinofpayments1.A statement of "tokens will be created / sent after the process" comes only if you ask.
It is clearly written in the Whitepaper.Who else believes in this except for you, you think?
Why are you trying to FUD this project without spending more than 30 seconds reading into it?easiest option in my opinion :
create new counterwallet address --)) note the private key somewhere ---)) send btc to counterwallet ----)) send counterwallet BTC to crowdsale ----)) profit
I still think that Electrum is easier, albeit it could be that I am used to it as an alternative to Bitcoin Core.create new counterwallet address --)) note the private key somewhere ---)) send btc to counterwallet ----)) send counterwallet BTC to crowdsale ----)) profit
Update:
1 - Corrected the sentence. It is not the CEO of Maidsafe but the CEO of coinofpayments.
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