Topic: [ANN][RMC]Ride My Car / Ride Share / Carpooling - page 10. (Read 32058 times)

The platform is live and it's awesome check it out at ridemycar.net

Thanks for the update. I'm really excited! I'll be hanging on to my coins !

Ride My Car New Year Update

Greetings Riders

It has been a full year since the conception of Ride My Car, and we are very honoured to have had great support from our little community who have helped us get as far as we have today.

2017 is a new year, and the team at Ride My Car are excited to work on bringing further developments to the blockchain ridesharing space.

We're very happy that the site is seeing use from our early community members. Although we have yet to be listed on an exchange, there has been a healthy amount of users earning their Ride tokens through the site. Hopefully in the near term we'll be listed by some exchanges to allow for the trading of the tokens.

As for our next update:

The RIDE chain builds value through acting both as escrow, and at the same time a decentralised database containing vital ride meta data. The activity of each user, including their rides offered, rides taken, geo-locations, funds spent/earned, and reputation / ratings are to be stored on the chain and imprinted via OP_RETURN script code to the RIDE chain.

This process means that we are solving several real life problems.

1. Decentralised Authentication

Storing any kind of ride activity and user accumulated reputation, funds, and even account data on the chain means that there is no central attack vector. Suppose a hacker was able to breach our front end, then the hacker would still not be able to access everyone's account. In terms of security, this transfers the responsibility for security from the service provider (us) to the users (you).

This is the kind of tradeoff means that attacks are compartmentalized to individual users and the platform as a whole remains better secured.

2. Incorruptible Audit Trail

One of the most important aspects of securing RIDE metadata on chain, is the ability mathematically scrutinize the actions taken by the users which themselves serve two main purposes:
   a) Record the users atomic actions for proof of activity
   b) No one can impersonate you, your account, or your car.
With this audit trail in place, the public record will contain timestamped block headers for the ride ledger meaning that it becomes increasingly difficult for someone to tamper with the database or manipulate your account data.

3. RIDE value chain

The use of OP_RETURN for creating this audit trail of user activity on completion of a ride means that every single completed ride can not only be tracked on chain, and therefore could be interrogated by any 3rd party application, it also provides an inbuilt protocol for reducing the supply of the coins. This is a welcome by-product of OP_RETURN outputs being provably unspendable.


We also plan to integrate other currencies, however the RIDE chain will always be the chain that the raw meta data will be stored on. As such, a small part of each completed ride will contribute in the creation of this OP_RETURN output corresponding to that instance of a ride, and some RIDE tokens will be burnt / made provably unspendable to secure that part of the audit trail.

This as an economic protocol creates a reducing supply of liquid RIDE tokens which the burn rate will increase linearly as more users complete journey's on the platform.

Platform aside, we have begun works on a promotional video to be made that will highlight the advantages of our platform and the goal is for the video to firstly introduce users to crypto-currency, then onboard them to the ride platform with as little friction as possible.

That's all for now folks

Hope everyone had a happy new year and you're ready for more riding in 2017!

The coin will make it to an exchange by 2018. :p jk

Looking forward to updates Dev team. have a great holiday

This coin seemed pretty interesting and is actually delivering products. Ill keep an eye still, just a shame you guys are not listed anywhere yet it seems?

I think that needs to be a priority now otherwise the community and economy of your coin will be stagnant.

Keep up the good work!

I heard that Bittrex is redoing site thus there might be some delays there on adding new coins and everyone knows Polo takes forever to list if they list. I am confident RIDE will get listed somewhere good soon just might be after the holidays.

In the meantime I notice the site is getting more and more active users and rides.

Keep up the great work Ride Team!

Ya for some reason scam coins get on an exchange like 2 days after they get posted. And not from paid add but user requests. its just rediculous now days that an op that looks like

coin
algo
time
something
blah
wallets here there & github
go


Get 100 people requesting it to an exchange but legit projects get notta 0 zip :/

I would have thought this coin would be live on an exchange by now. It's always the legit projects that have a hard time getting listed. The scam coins seem to get listed right away. I guess its who you know.

Wow the site looks amazing. Great work ride my car team now we just got to get on a quality exchange!

Patience buddy, I'm sure listing is imminent. Perhaps some other members here can assist in the mean time? I'd be looking to support them through signing up to their site and maybe earning some ride that way If you don't drive, sign up anyway. The platform is really good! Familiarise yourself with it.

I do agree with other posts, a short introduction into the platform would be beneficial to new adopters.

Very nice to see some future vision for this coin.


Btw...is there any way to pick some coin up? I missed the ICO and have been looking to get involved.

Ridesharing on a blockchain is going to set the precedent for how ridesharing will work in the future. Decentralisation begins with the ride meta data being written to the chain as part of every ride. So, a trustless rideshare market is what separates us from the '100's of ridesharing apps'.
An important aspect to remember is that the ride meta data allows for the total autonomy of ride 'transaction's to take place. The chain itself not only serves the purpose of being the currency being transacted, but also as the transport layer for all ride meta data regardless of which is transacted. The more rides, the more reviews, the more ratings, the stronger the value of the network.

We have built the system with the intention of expanding transaction options whilst leveraging the ride chain for all the important ride meta data as well user reputation. This means, whether you purchase a ride with bitcoin or any other currency, fiat included, the ride chain acts as the intermediate broker of these rides.

What will set you apart from the 100's of ride sharing apps, sites, sections on classifieds ect.

Great post! I had a snoop around, i think you can message each other on there. not sure if its limited to bookings only.

Woot. Tank you for the Update. This is definitely starting to look like a solid platform

Thanks Zubilica for taking the time out for the detailed explanation can't wait to hear more will be watching for your post again. Thanks again

For those wanting to know how the site works, here’s an initial overview (feel free to add or correct things)

I will keep this post basic until I have some more time to explore the site….and maybe add some screens of what I’m talking about lol.

Sign up - Straightforward signup (username / pass) or you can login with a social media account. Verify your account via email.

Profiles - After signing in you can set up your Ride My Car profile. I gathered that if you wanted to offer a ride you would need to register your car etc. It also allows ride preferences to be set. Not sure if you're able to interact like a social network? 

Search - search for various rides types including latest routes, shopping, travel etc. My guess is as more ride types are made they will become searchable. There’s also women only rides! The advanced search works pretty well and lets you filter various things (not sure if price searching was in there...tbc). 

Wallets - Pretty simple and clean wallet system, I didn’t mess around too much with it but was able to generate addresses. I can see the transactions and withdrawal functions are all ready.

Rides - I browsed through a few rides and saw people were able to offer rides for whatever prices per passenger they wished. Offering a ride is pretty easy, there is a map api that shows your route and you can calculate how much you want to charge. You can specify various details including if the trip is a return or even recurring through selected dates!

...And that’s basically where I got up to. I think the RIDE project has shaped up to be a solid platform. I’ll post more very soon

This looks really interesting will definitely be watching this thread.. I like the concept has anyone used it yet? or anyone planning to use it? Ridesharing and carpooling is a nice concept especially in today's world

Yo! This is great to see. Work will be less busy for me now leading up to christmas but I'll be making some trips here and there. I'll get some rides up for the festive period and new year

How easy is the process?

They went live on Sunday, check the site out! I posted a screenshot above