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Topic: [ANN][MED]MediterraneanCoin - Tipbot w. vote tips and assurance contracts - page 2. (Read 12139 times)

sr. member
Activity: 266
Merit: 250
very nice!!! good job  Smiley
sr. member
Activity: 361
Merit: 250
sr. member
Activity: 361
Merit: 250
sr. member
Activity: 361
Merit: 250
Posted to 8btc.com, the famous website in China.

http://8btc.com/thread-5814-1-1.html
full member
Activity: 163
Merit: 100
sr. member
Activity: 361
Merit: 250
I just post  the Chinese version for MediterraneanCoin TipBot System Manual for download.

Download link:  http://www.medcoiner.com/download/MED_TipBot_cn.pdf



newbie
Activity: 18
Merit: 0
Hi, all MED fans, MediterraneanCoin has been added to BETBYCOIN, please betting World Cup using MED.


BETBYCOIN.COM

 - Super Security;
 - Automatic Transfer;
 - Multi-coins support;
 - Players to players, free odds bet;
 - Multi-language support.

member
Activity: 70
Merit: 10
getting the coin is so not easy.... baby... so not easy.........haha come on.
newbie
Activity: 17
Merit: 0
How to use it on other platforms?
sr. member
Activity: 361
Merit: 250
Lesson 7: assurance contracts

This idea was inspired by this: https://en.bitcoin.it/wiki/Contracts#Example_3:_Assurance_contract

An assurance contract is a way of funding the creation of a public good, that is, a good that, once created, anyone can benefit from for free. The standard example is a lighthouse: whilst everyone may agree that one should be built, it’s too expensive for an individual sailor to justify building one, given that it will also benefit all his competitors.

One solution is for everyone to pledge money towards the creation of the public good, such that the pledges are only committed if the total value of all pledges is above the cost of creation. If not enough people contribute, nobody has to pay anything.


So, using the tipbot system, it is possible to promote  an assurance contract in favor of a user:

#MediterraneanCoin assurancecontract @smallplatf 1000 MED 2014-06-30

This means that, in favor of user smallplatf, it is started an assurance contract funding, which will last until the expiration date (2014-06-30).

Users all over the internets can contribute to this funding using the "assurancetip" command. If the target amount is reached before the expiration date, than the target user will receive the amount. Otherwise, if by the expiration date the target amount for funding is not reached, the target user will receive nothing and the contributed amounts (using "assurancetip") will be given back to all contributing users.



I am translating this MED TipBot manual to Chinese now!

The Chinese version will be post to Chinese fans soon.

 Grin
sr. member
Activity: 266
Merit: 250
Lesson 7: assurance contracts

This idea was inspired by this: https://en.bitcoin.it/wiki/Contracts#Example_3:_Assurance_contract

An assurance contract is a way of funding the creation of a public good, that is, a good that, once created, anyone can benefit from for free. The standard example is a lighthouse: whilst everyone may agree that one should be built, it’s too expensive for an individual sailor to justify building one, given that it will also benefit all his competitors.

One solution is for everyone to pledge money towards the creation of the public good, such that the pledges are only committed if the total value of all pledges is above the cost of creation. If not enough people contribute, nobody has to pay anything.


So, using the tipbot system, it is possible to promote  an assurance contract in favor of a user:

#MediterraneanCoin assurancecontract @smallplatf 1000 MED 2014-06-30

This means that, in favor of user smallplatf, it is started an assurance contract funding, which will last until the expiration date (2014-06-30).

Users all over the internets can contribute to this funding using the "assurancetip" command. If the target amount is reached before the expiration date, than the target user will receive the amount. Otherwise, if by the expiration date the target amount for funding is not reached, the target user will receive nothing and the contributed amounts (using "assurancetip") will be given back to all contributing users.

sr. member
Activity: 266
Merit: 250
Lesson 6: how to vote for a conditional tip?

If a user has received a conditional tip, this means that another user has put some MEDs as a tip, but this MED will be available to the receiving user only if the tip gets enough "tipvotes" (before the expiration date).

i.e. the receiving user can "go social" in order to ask other users to vote for his pending tip!


#MediterraneanCoin tipvote @smallplatf
legendary
Activity: 1162
Merit: 1000
nice to see something happening. Would love bfgminer with multi thread support though.
full member
Activity: 163
Merit: 100
A good note, hope to have more application. Huh
sr. member
Activity: 361
Merit: 250
good app!

thanks, but MED ANN thread need u post something.  Cheesy
sr. member
Activity: 266
Merit: 250
Lesson 5: send a conditional tip to a user

What is a conditional tip?
It is a tip which will we performed when the tip gets enough "tip votes" before the expiration date.


#MediterraneanCoin  sendtipconditional @smallplatf 30 MED , expiration date 2014-06-15, need 5 votes

In this example, we create a conditional tip which needs to get at least 5 votes (hint: see the "tipvote" command) before the expiration date (2014-06-15, UTC time).

Some additional notes:
the expiration date is mandatory. The expiration date is in UTC format, you can specify also the time and the time zone. i.e. you can specifily precisely when the tip expires!

Some examples:

2014-06-12
2014-06-12T13:54:51+00:00
2014-06-12T13:54:51Z
sr. member
Activity: 266
Merit: 250
Lesson 4: how to send a tip to a user

say you want to send a tip to a Twitter user whose screen name is "@smallplatf";

then, post the following status with your Twitter account:

#MediterraneanCoin sendtip @smallplatf  10 MED



You can send a tip to multiple users at the same time!


#MediterraneanCoin sendtip @user1 @user2 @user3  10 MED


This means: send a tip of 10 MED to each of the three users (for a total of 3*10 = 30 MED)
sr. member
Activity: 266
Merit: 250
Lesson 3: how do I find out my deposit address?

Just post a Twitter update containing:

#MediterraneanCoin getdepositaddress
sr. member
Activity: 266
Merit: 250
Lesson 2: I want to withdraw my MED from the tipbot, what do?

first, specify what is your MediterraneanCoin for withdraw, so post a status update on Twitter like this (change the MED address withyour own, of course Wink:

#MediterraneanCoin mymedaddress  Mk17G7iHX2FfHQGoW4PEHKhHjSh55WmuMa
   

second, withdraw your coins to your wallet:

#MediterraneanCoin withdraw 10 MED
sr. member
Activity: 266
Merit: 250
Lesson 1:  what is my balance with MediterraneanCoin tipbot?

first, follow the MEDTipBot user (visit https://twitter.com/MEDTipBot and click on "Follow)

then post the following status with your Twitter account:

#MediterraneanCoin showbalance

EDIT: for privacy reason, the balance is sent to you by direct Twitter message.
To be able to receive the message, you need to follow user @MEDTipBot
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