[ANN][SIM] Simcoin - A Simple Coin - page 11.

NxtChg

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Activity: 840

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Simcoin Developer

Progress report

Another slow week – autumn came and with it some things I have to take care of. Only about half of the week was spent working.

Finalized Transaction Gobbler (part of the Transaction Pipeline). Now focusing on client subscription.

Also thought about the design of the voting system – it's surprisingly hard to implement efficiently and I don't want to compromise transaction speed for it.

So this remains unsolved and it worries me a little, because once the solution is found, it might require changing the design of some parts of the system and it will take time. Need to think more about it.

NxtChg

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Activity: 840

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Simcoin Developer

Jesus Christ, the ACH system is based on ASCII text files uploaded via FTP!

http://engineering.zenpayroll.com/how-ach-works-a-developer-perspective-part-1/

And yet "$39 trillion are moved through the ACH system annually".

Unbelievable.

Quote

An addendum to the ACH protocol to support same-day ACH settlement is something that is almost unanimously desired by the ACH community. The good news is that NACHA, the governing organization behind ACH, has recently announced plans to roll out a same-day ACH protocol. The challenge is coordinating the adoption of the new protocol across all participating banks. Once fully implemented, the same-day ACH system would likely cut one day from the timelines outlined here.

Talk about financial innovation...

NxtChg

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Activity: 840

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Simcoin Developer

Quote from: kennyP on September 01, 2014, 09:40:01 PM

What was the sim price after the IPO, before the exchange started?

IPO closing price was 36 satoshis.

Quote from: mcjavar on September 02, 2014, 05:51:31 AM

Exchange down?

Yeah, damn webserver freezes occasionally. Back online.

lovely89

sr. member

Activity: 378

Merit: 250

Quote from: vytasz7 on September 02, 2014, 07:59:33 AM

Any plans on making an asset on NXT AE , like NEM did ?

Why? He has an exchange up and running right now (aside from this afternoon).

vytasz7

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Activity: 561

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Any plans on making an asset on NXT AE , like NEM did ?

alope

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Activity: 616

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Quote from: NxtChg on September 01, 2014, 09:23:34 AM

Quote from: alope on September 01, 2014, 08:14:33 AM

Do you consider linux wallet?

Of course, but later.

I am looking forward to Wink

mcjavar

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Activity: 784

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Exchange down?

kennyP

hero member

Activity: 544

Merit: 500

What was the sim price after the IPO, before the exchange started?
thanks

NxtChg

hero member

Activity: 840

Merit: 1000

Simcoin Developer

Quote from: McDoxy on September 01, 2014, 06:17:01 PM

How long do deposits usually take?

Yeah, they are somewhat slow because blockchain.info needs to forward them.

Or sometimes they might even get stuck. Try sending 0.001 to the same address.

McDoxy

member

Activity: 96

Merit: 10

How long do deposits usually take?

NxtChg

hero member

Activity: 840

Merit: 1000

Simcoin Developer

Quote from: mrs_snow on September 01, 2014, 06:04:14 PM

SIMcoin seems to be an interesting project, but is there any proof that it really exists in reality?

mrs_snow

newbie

Activity: 46

Merit: 0

SIMcoin seems to be an interesting project, but is there any proof that it really exists in reality?

NxtChg

hero member

Activity: 840

Merit: 1000

Simcoin Developer

Quote from: flowerpots on September 01, 2014, 05:26:02 PM

0.00000133 * 1,000,000,000 * $500 = $665,000 marketcap.

Only 400 M distributed so far.

flowerpots

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Quote from: NxtChg on September 01, 2014, 04:07:32 PM

Quote from: McDoxy on September 01, 2014, 03:47:51 PM

Wait so the order book says the price is at 0.00000133 but the depth chart says it's at 0.00133 ... which one is correct?

Long labels didn't fit on the depth chart, so it's in mBTC.

Ask price is 0.00000133btc so...

0.00000133 * 1,000,000,000 * $500 = $665,000 marketcap.

NxtChg

hero member

Activity: 840

Merit: 1000

Simcoin Developer

Quote from: McDoxy on September 01, 2014, 03:47:51 PM

Wait so the order book says the price is at 0.00000133 but the depth chart says it's at 0.00133 ... which one is correct?

Long labels didn't fit on the depth chart, so it's in mBTC.

McDoxy

member

Activity: 96

Merit: 10

Wait so the order book says the price is at 0.00000133 but the depth chart says it's at 0.00133 ... which one is correct?

The former would suggest that the marketcap is at $1330 the latter would suggest that it's at $1330000.

NxtChg

hero member

Activity: 840

Merit: 1000

Simcoin Developer

Quote from: McDoxy on September 01, 2014, 03:30:30 PM

Sorry if this has been asked before, but where can I buy Simcoin?

Just https://simxchg.com/ for now?

Yep.

McDoxy

member

Activity: 96

Merit: 10

Sorry if this has been asked before, but where can I buy Simcoin?

Just https://simxchg.com/ for now?

NxtChg

hero member

Activity: 840

Merit: 1000

Simcoin Developer

Quote from: alope on September 01, 2014, 08:14:33 AM

Do you consider linux wallet?

Of course, but later.

alope

hero member

Activity: 616

Merit: 500

Quote from: NxtChg on August 31, 2014, 05:59:03 PM

Quote from: Blake Birk on August 31, 2014, 05:46:19 PM

Can you make sure the windows wallet will work on a 32bit computer

thanks

Mine is 32-bit, so yeah

Do you consider linux wallet?

Topic: [ANN][SIM] Simcoin - A Simple Coin - page 11. (Read 157678 times)