Topic: BTCD is no more - page 404. (Read 1328490 times)

http://www.cryptocoinsnews.com/wp-content/uploads/2014/08/Xapo-Fees.png Extortionate.

Do you know the fees with xapo?
Also it doesnt look like an anon card at all, just a normal card

coinomat's crypto -> visa/mc has the same functions and they will be adding BTCD this month

NXTprivacy.org has some small amount of details. The goal is to keep the fees to ~3% to get the fiat onto the card. Any fees the ATM charges is of course separate from the card, as that is an ATM fee.

James

Thanks.

Still very early days. Current price is only based on the promise of the tech and only to very small audience. This thread is not so visible and very little press coverage. keep in mind that if there were 10 million BTCD, at current marketcap they would be ~20 cents each, so the low number of BTCD is making the price of each one look "expensive"

When the "NXT inside" BTCD branded GUI comes out, it will have all the 2.0 crypto features of NXT, along with all the NXTservices and also Teleport. And what most people dont know is there will also be two dividend streams (InstantDEX + NXTprivacy) that will be paying BTCD staker's in BTC or NXT, so in addition to 5% per year, there is growing dividends

All the BTCD growth also helps NXT (both its network and txfees) as NXT is needed for both the GUI to have the 2.0 features and NXTservices. It is like the Dell computer (BTCD) has Intel CPU (NXT) inside. I dont know why the NXT clones didnt take this approach, it makes a lot more sense to me

James

Whats the lowdown on this credit card.  I noticed Xapo are going to be taking the piss with transaction fees.  What are the btcd card fees going to be? any idea?

Same here, better late than never with this project.

Nice work with this coin James. I'm a little late, but finally on board.

OK, I have another thankless task that needs a non-coding volunteer.
I feel that we need to have somebody that understands the BTCD network in detail, eg. how many nodes, how many are privacyServers, stuff like that.

I guess it is kind of technical, but I hope there is someone that can be the goto person for info about the network. When we start ramping up Teleport (and InstantDEX) usage, the network capacity will be very critical factor. I designed Teleport to minimize resource usage, but based on BTCD history (3 peta(!)hash, top 20 coin in first month) I think it is prudent to be prepared for some crazy rapid growth.

what if some Fortune 500 company decides to use BTCD for their international funds transfers? Can we handle this?

So that type of thing.

Anybody?

James

P.S. Now I say volunteers, but I reserve the right to give stuff to the volunteers that produce. I seem to have a reputation for being somewhat generous as I tend to overpay people, but when someone just does a great job, I feel the urge to bonus

When I said BTCD will be > DRK and also Top 10 coin, maybe only a few people believe me.
So far, everything that I have predicted has come true.
Some people say that I am just lucky

James

JLH is explained pretty good here:
http://www.coinssource.com/poloniex-list-jl777hodl-jlh-first-ever-crypto-asset-listing/

JLH is not for fund raising, it is a way to make one purchase and get 20+ different assets. Some of these assets wont do so good, some will do quite well. It has InstantDEX, NXTprivacy, Privatebet, Tradebots (under NXTcoinsco), among other assets like SIA, NEM.

So the link between JLH and BTCD is just that I am involved in both.

The whole Teleport thing got me sidetracked for a bit from InstantDEX, but is it all part of the same source base, so progress I make with porting Teleport+privacyServers -> BTCD core means that InstantDEX and tradebots automatically tag along. More a changing of the order of things getting done

BTCD stakers will be getting dividends from both InstantDEX (percentage of operating budget) and NXTprivacy (percentage of teleporting other coins)

InstantDEX will be getting commissions from the trades that it enables, with tradebots doing automated trades, it could be some good volumes. Once we get a GUI that looks and feels like a centralized exchange but is actually running on totally decentralized peer to peer network and the "website" is locally generated on your computer. Half of these commissions go to InstantDEX asset holders, the other half is being allocated across various groups, eg. BTCD stakers, MGW asset holders, people that run uMGW servers, people that run privacyServers, and Tradebots asset holders. [Yes, if you are a BTCD staker and also run a privacyServer that is able to receive TCP and UDP packets, you will get paid twice]

Now due to the expected high impact of tradebots, the Tradebots asset (strangely called NXTcoinsco) will be getting 30% of the half of InstantDEX commissions. There will also be a way for people to design custom tradebots and people can subscribe to them, sharing only the profits that are made. So the incentive is to make sure the tradebots are profitable. The Tradebots asset also gets a piece of this profit sharing.

NXTprivacy owns 50%+ of Privatebet so it will get half the dividends Privatebet generates. It also owns 30% of cryptocard, so that is 0.3% of all anon card transaction volumes. It might also generate some more revenues from revenue sharing that privacyServer nodes get, havent decided on this yet.

Privatebet is the furthest out as it needs to rely on InstantDEX and NXTprivacy to implement private peer to peer betting, primarily for sportsbetting, but maybe I add poker and other casino games. Not sure of the scope yet, but like all the things I do, I start with a seed and I nurture it and keep improving it, until I cant think of how to make it better.

I am involved in other assets, but the above are the main operating assets that I am coding into BTCD core. This has taken me five months to code and is more than 30,000 lines of code, so it is not like I just started working on it two weeks ago.

James

P.S. With JLH I often see very large differences in price on polo vs NXT AE, so make sure to buy from the place with the best price. You have to do a bit of converting prices to calculate this, but it could save you some nice money

For real bro

BitcoinDark is still unknown to most of the masses.   I can only begin to imagine what will happen once that changes.

Wow the price has proper shot up  One very sick coin 

I gabbed some BTCD the other day and am about to get my hands on some JLH.  I am a bit uncertain as to how JLH and BTCD are intertwined.

Is JLH just a way of raising the funds for the InstantDEX with transaction dividends paid out in whatever crypto or asset you want?

Could someone please explain if I am wrong.

Awesome work btw.    I am looking forward to trying out InstantDEX when its ready.

Im really excited to see where this coin will go. The current price looks tempting to sell, but however since there only a few more then 1 million coins in circulation this coin is really rare and could potentionaly climb much higher.

certainly no photo required!
As the first victim volunteer, you are the front runner

I know that noashh has found some websites where they have testers that work for the bugs found or something like that. After we cant easily find bugs internally, I think it is good idea to outsource that sort of testing, so maybe you can get the details from him and start researching what sort of sites make sense.

I know there were a lot of people that volunteered to help test, but it is all buried in my inbox. I seem to get a lot of PMs.
So it would be a good idea to get a list of tests with the type of computer they have and whether they have VPS. I want a test matrix of all the common platforms crossed by all the testpoints. So we need to decide what the supported platforms are and also the test points. I hope you will be able to work something up, the supported platforms can be approved by the community. The test points a bit trickier and any feedback is definitely welcome, but I think if you can come up with a list of test points, I will be able to expand on it. I just need to be prompted, so just PM me

James

Hi James,

Hopefully it is not a requirement to have the photo on the site. I wouldnt want to scare people away  ;-)

In any case i have sent off a message to Azeh. Hopefully you will get someone with a lot more experience than I applying but if not i am happy to help in any way.

I am not sure about GUI plans, but with QT I would think it should work. In any case you can run BitcoinDarkd,but I guess that requires command line.

rapid coding is like solving a crossword puzzle. Once you get the corners and then the edges, then the middle part becomes much easier. Well, I've got all four corners of Teleport and most of the edges coded in 6 files of (800, 300, 500, 400, 400, 500) lines so it is pretty well balanced and all but 400 of those lines are previously debugged. So right around 3000 lines and just a few more pieces to get in place. this doesnt count the privacyServer or tradebots or any other code, so it is plugging into a much larger system and that is how I can implement Teleport is so few lines of code.

Some people call my code "shorthand", I think that is good? The code has almost no redundancies (eg. different code that does similar things to other code) and this to me is a critical part of getting stuff done quickly as once you fix any bugs in any part of the code, then you are done with that part. Not like many versions of code that is almost the same, but not quite. So, about another 1000 lines went to my obsolete file. it is actually a bit less code now with multisig in it than it was before without multisig.

I am leaving a lot of error handling undone (middle part of puzzle). I have found that adding a lot of error checking before it is pretty much working in the easy cases often just gets thrown out as the real error cases arent even known until it works in the easy cases.

Now I need to convert the "old" telepod cloning code from earlier in the week into the multisig framework. Then review to make sure nothing obvious was forgotten. A common mistake I make is to write all the code to do all the things needed and simply not even call it or forget to initialize it. Kind of like building something and then wonder why its not working when the power is off!

My ISP is behaving much better so I wont lose a bunch of time trying to load pages, so maybe I can reach to code complete tonight and debug this weekend. As is typical, what at first seems so simple becomes a lot more complicated when you get into all the details.

I managed to eliminate 2 of the 5 queues by doing all the processing other than cloning for the reception side as the packets come in. The fewer moving parts, the more reliable.

The processing at the high level on the send side is to queue up all batches of telepods into a transporter log and then have a timer to track whether the transmission is complete and that they have been cloned. The receiving side also needs a queue to remember what transmissions are in progress. For now I assume all teleports that start will complete without errors, which is horrible for a networking app, but I am impatient to zap the white rabbit across the room. The third queue is to remember which telepods to clone and verify they got the funds. A bit of food and cloning code to be added to the puzzle!

James

P.S. Still nobody to volunteer to review my code? Its really not so scary, is it?

Are there any plans for a Linux wallet?