Topic: BTCD is no more - page 338. (Read 1328490 times)

exactly
also I am designing fee/revenue sharing structure so that even when we start charging for teleport as long as there is reasonable usage of things like InstantDEX,etc. the other coins that are utilizing teleport would actually get more in revenue sharing than paying in teleport fees.

so, the incentive would be to join the biggest supernetwork to get not only access to teleport but to actually make money, net of fees

combine good tech with a little financial incentive and that is powerful feedback system
or they can use a copycat who will probably not be so generous and will want to charge fees too high, after all they are making copycat even when it makes sense to join, so clearly not super logical peoples.

As a customer, would you rather use the tech from the innovative creator who is also generous and will pay for you to teleport, or a greedy copycat who wants to just steal someone elses tech and charge fees?

James

Thank you. Fair response. I hope indeed you have had the simple breakthrough idea that we have been waiting for. The tech/code is beyond me to assess, but I am always drawn by the elegant solution to difficult problems. Let's find those peers and get some reviews going - and see what the world says.

Edit: James, just saw your post asking for help in Risto's altcoin thread. Great! I hope someone picks up the challenge.

Kill switch will only stop copy-and-pasters, won't stop a good dev who takes the time to understand the code. Kill switch will certainly help keep competition at bay, but can't be relied upon to kill it. Having zero fees and being first to market with the best product, that will kill competition. Get users and profit will follow--don't look for profit first or you'll never get the users. (See virtually all internet software companies for reference.)

yes
soon

People have been trying to solve the wrong problem and since Teleport solves the right problem, the big criticism is that I am not solving the wrong problem of making a new crypto algo that is anon. The right problem is how to create a way to use crypto that maintains privacy. This is what I solved, I didnt bother to make any new cryptographic maths as there already existed all that was needed.

It is like there is this giant effort of people who all go off to far and distant places in search of the answer and I just go to the train station where they all left from and find the answer right there! Maybe this makes some peoples angry at me, but I dont care I just want to have nice way of making crypto private and I am lazy to make difficult stuff. I just use what I find, here, there, put them together.

I am still waiting for any actual criticism of Teleport that I am not aware of. The creation/extraction is definitely a concern and we must take great precautions there. We are actively searching to hire a credible dev to do a thorough code review. Of course, if anybody has found any flaws in the DarkPaper, I am hoping they will post so we can address it. If there are no flaws in the overall design and the code implements to that design, then it seems Teleport is nice and solid.

I am iterative coding style, so over time the code improves by using new algorithms if necessary. I dont believe any wholesale changes are needed to the basic design, but I am always making mistakes, so if it is needed, then I just write more code to fix it. Whatever issues are found by code reviewer, I will fix them of course.

So, if anybody knows a credible coder who can do a meaningful review of Teleport, PLEASE contact them. We need this as without it people will just have to trust me, and there is no need for this trustpoint as the source is open, we just need to get a peer review. We will pay reasonable fee for the time spent.

James

... and what are the time frames?

Wont work that easily,  theres a kill switch included in the code.

What a ride while i was gone

this works, thanks.


is there a way to monitor the amount of Coin going to an exchange? ie - looking at one wallet's incoming transactions?

Nah, you give the copycats an advantage if you charge a fee, because they can copy teleport, offer it for free and take all BTCD's potential customers. It will take 3 months for bitcoiners to learn about BTCD and start using teleport. I can only imagine most of those voting for 3months don't intend to hold BCD longterm.

Is a roadmap available?

Sounds very interesting. Have a few pieces bought.

i mean how much btcd

Depends on day and BTCD price

hi guys. how much are you mining per day?

James and team -- Very impressive. And thank you for all your hard work & community spirit. Read black paper and all threads. Bought a nice starting stack of BTCD just as we were lifting off a few days ago. I'm a long-term holder. Can you point me to the most challenging (=negative) analysis - written by credible devs/investors - to your approach and tech? What are the big concerns/limitations etc?

Try the BitcoinDark Simple Explorer

http://107.170.44.31/

I think we would like to try and minimize the scam coins taking advantage of the BTCD network at our expense... yeah? I voted 3 months and think that was already generous...

3 months is a year in crypto!

I voted one year for free teleport, I think 3 months is too short a time frame to get adoption and network effect. A year in my opinion is good enough to establish the use of btcd as a gateway and get enough traffic. We should think long term, this makes more sense to me

BTCD official multipool is having the best day, even thou price for BTCD is high our members grow and we take good amounts from BTCD off exchange daily, i am trully sorry that the http://bitcoindark.net/multipool page is so slow but that is becouse of the growing amount of miners ans some flaws in code that are currently being fixed, so we are sorry for the inconvenince but we had to remove the overall speed stats to make it faster at least for now, however we are currentlly working on improving the whole page and we hope we can put online fully redisigned site with multipool stats showed in the next 24 hours. Next on the site is a dedicated forum since the pool clearly stated that most members want one, but it wont stop there, we have also plans for more improvements and more features added. Thank you for all the support and for all the donations that were received so far, you know they all go in improving this coin and making it the best, so everyone keep up the goood work.

Thank You!