Topic: [ANN][GRS] Groestlcoin | 1st to activate Segwit | Building Lightning Network - page 67. (Read 558225 times)

Hi tenletters,

This Groestlcoin address can be used to create the multisig.

FbJ5kmXt5HQVZvQmWyqqzk5qRdzgX4VtLj

Kind regards,
PB

PS: Good luck with the project

Hi PsychoticBoy, I am creating a 2-3 multi-sig address tonight. Could you post one of your public Groestlcoin addresses (of which you control the private key) so I can add you as one of the parties to the multisig address?

I can Escrow the funds of this project if needed.

It really sounds great, hope this project comes of the ground.

Cheers,
PB

For escrow, I think the third option you presented is the best. And yes, I believe in the future of Groestlcoin so I will be happy to set the contract at 750,000 GRS.

Added you on Telegram.

3)  Liquid is the internal ledger between a few exchanges. There are multiple implementations of Lightning network (such as lnd written in Go). Have you seen this one: https://github.com/ElementsProject/lightning ?
Perhaps your next project after elements alpha or in case you fail to port elements alpha you can switch to lightning and still claim the funds? Im open for all suggestions.

7) I agree on your proposal if coblee chooses to accept it. There are 3 options:
- We send all funds to coblee and he releases the funds to you when you successfully complete this project (as in working and ready for production)
- We can use 1-of-2 multisig escrow with you and coblee. Funds to be released when you successfully complete this project (as in working and ready for production)
- We can use 2-of-3 multisig escrow with you, coblee and psychoticboy. Funds to be released when you successfully complete this project (as in working and ready for production)

Funds to be send to coblee/multisig address is 750.000 GRS. Do you agree on that ammount? Lets determine the ammount now and get that fixed. If price rises/lowers by 1 september 2017 then you still get 750.000 GRS.

hey guys, I literally just bought a new comp to mine grs.

im looking for any CURRENT info on mining setups. everything i have found is really old. i have pmed a few ppl but no responses.

is there anyplace i can find info on how to setup mining that is current? anyone that can help?

thanks

Hi! I check Telegram often, and definitely prefer it over Skype (due to stronger encryption and absence of Microsoft snooping). I have PMed you my Telegram number. If Telegram isn't possible, then PM me back and I can send my skype handle.

3) Elements-Alpha contains the Segwit-only features, whereas my understanding is that Liquid contains the features that are compatible with the present non-Segwit Bitcoin network. Someone correct me if I'm wrong, but my understanding is that Liquid is therefore a rather centralized attempt at a sidechain.

7) The escrow proposal sounds good, but can we make it a 2-of-3 escrow (utilizing a multisig address)? Bitrated is a directory of reputable independent escrow agents-- among these is coblee (Charlie Lee, creator of Litecoin for those who didn't know), and he has a top-tier reputation as an escrow agent. Could we perhaps invite someone like Charlie (and one other reputable agent) in addition to PsychoticBoy so we can do a fairly solid 2-of-3?

This is same person as https://bitcointalksearch.org/user/kaduwall2-945855
And yes it is real. He is planning to launch it soon. We are in close contact with him (as in we speak daily with him)

https://twitter.com/crazy_crypto/status/855929724287295488


Who is this person?

Can we believe what he says?

2) Why the hard deadline of September, if u need 2 or 3 months extra, why dont just finish the project and keep the funds (instead returning the funds?). Im more interested in making this proposal a success.

3) Why did you choose elements-alpha as experimental sidechain and not Liquid (by Blockstream) or Rootstock?. Who will monitor and maintain the sidechain and fix issues if there are any? Who will keep the elements-alpha up to date with upstream from time to time?

6) We prefer also that you dont quit your job as we have a normal dayjob also. Just managing expectations here. If the project is not finished by Sept. 1, i rather have you take as much of time u need to finish it instead of returning the funds.

7) How can we make this concrete? The problem is not the funding as we already have a investor who wants to fund u in full. Before he transfers the Groestlcoins to me, i want to make sure that you are who u claim u are and that u are able to deliver. For example lets determine the ammount of GRS that needs to be transfered.
We have 2 options here:
- We transfer 15 BTC of Groestlcoin worth to an escrow (my choosing will be PsychoticBoy). Funds will be delivered to you when you deliver the project. The ammount will be fixed. If the price of GRS rises or gets down then u still get the same ammount.
- We transfer 3.75 BTC of Groestlcoin worth to your GRS address and hope we dont get scammed. The ammount will be fixed. If the price of GRS rises or gets down then u still get the same ammount.
I prefer to use the escrow btw.

8 ) No additional duties/responsibilities. We just keep all Groestlcoin related project in 1 place. If people wants to fork elements alpha then they can fork from our Github. It would be also nice if you could merge with upstream from time to time but its not mandatory and out of the scope of this project.

How about communication? Will you keep a blog to update the community every month about the progress? Is there a faster way to contact each other instead of email/PM. You will need the fast communication in case you are stuck and need help. I recommend using Skype (pm me your Skype address).

I can Escrow the funds of this project if needed.

It really sounds great, hope this project comes of the ground.

Cheers,
PB

Agree that this makes the most sense.

XMG mooning wasnt really a moon, it was a delisting pump. Same shit happend to GRS just before polo delisted us back in sept 2016.

I was out for a while, busy with XMG, which went to the moon but came back on earth again.
You know, I hate waiting, (be careful or you get my favorite picture).
Thanks for the quick clear answer, kerel!

Learn to read. Its a thing.
In case you you are waiting for development, wait for it on 22 June.