Topic: BTCD is no more - page 426. (Read 1328490 times)

This news release is fantastic!!!

Here is a draft press release. As soon as it is approved, we can have salsacz make the rounds with it

James

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BTCD to pay bitcoin dividends after link with InstantDEX instant trading application

BitcoinDark, a fast-rising new cryptocurrency with a strong emphasis on anonymity, will soon pay dividends in bitcoin – or potentially one of a number of different cryptocurrencies or crypto-assets.

New cryptocurrency BitcoinDark (BTCD) is set to be the first cryptocurrency to pay regular dividends in a form other than itself, in a game-changing new development that will change the way investors view different currencies. Core BTCD developer jl777, who is also responsible for the jl777hodl (JLH) asset that began trading on Poloniex earlier this month, has stated his intention of linking BTCD to the revenue generated by the new InstantDEX trading platform, for which he is also responsible.

Synergy
Linking InstantDEX and BitcoinDark creates a strong partnership that will leverage the capability of several different initiatives and their communities. BitcoinDark, is adding the robust anonymity of CryptoNote that is essentially impossible to trace. InstantDEX, which is now at test-release stage, offers near real-time trading between different cryptocurrencies and crypto-assets, meaning that users do not have to wait for confirmations from the relevant blockchains. InstantDEX will work through the NXT AE and Multigateway, the first decentralised crypto-trading exchange. Additionally, it will be possible to do direct peer to peer subatomic exchanges. This is another jl777 innovation where two synchronized and overlapped micropayment channels are used to directly trade between two user's crypto wallets.

‘The BTCD community are hosting the privacyServers essential for InstantDEX,’ comments jl777, ‘so it seems fair to reward them for their help and commitment. At the same time, this brings together three important needs and new developments in cryptocurrency: anonymity, decentralised trading and instant transactions.’

Dividends
InstantDEX charges 0.1 percent per transaction – lower than almost any other traditional exchange. However, the anticipated market share and resulting volumes means that this could create a significant revenue stream, especially since overheads are minimal. ‘Of the 0.1 percent charged for both sides of the transaction, half is reserved for InstantDEX assetholders. 10 percent of the remainder – will be paid to BTCD holders.’ Payments can be made in any currency or asset, to the associated address in the BTCD account.

Traded crypto-assets and dividend-paying currencies
Paying dividends in another currency is another first for cryptocurrency, but a similar development took place two weeks ago when Poloniex listed jl777hodl (ticker symbol JLH), which represents a basket of high-performance cryptocurrency assets traded on the NXT asset exchange. JLH currently has a value of over $1 million on CoinMarketCap – twice its value before it was added to Poloniex. Paying dividends to a cryptocurrency is simply the other side of this equation, argues jl777. ‘If JLH can be traded on an exchange, why can’t BTCD receive dividends like an asset?’

The additional financial incentive is likely to fuel a further round of interest in an already keenly-watched cryptocurrency.
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USD is in trouble, so there will be many games played. Ignore them, in time the true value of USD will be revealed. Anybody studies economics, money supply will realize that days of USD power is limited. USD money supply exponentially growing as the rest of the world is shifting away from USD as reserve currency

So, I dont pay much attention to price of crypto in USD

James

That is a very real wall!.  Shows how serious this coin is and it's potential.

Im wondering if that wall @ .001 is real or fake.

doubt im the only one who noticed as i read a warning about it the other day but, does everyone notice the price drop in BTC?  BTCD is directly related and, at the moment, relies 100% on the USD price of BTC.  Notice, now that the USD price of BTC is dropping down below $600 and I read post a few days ago mentioning a foreshadow of BTC dropping down to $400 and later rising back up past $600.  Who knows how long this will take but this will affect the price of BTCD as in BTCD will be worth MORE BTC but LESS USD because BTC is worth less USD.  I dunno if the developer of this coin knows this is the case and wants to keep it on the down low, but I highly doubt that as he seems like a swell guy.  So far, it sounds like he may have a hint that BTC is going to fall in USD and hes throwing this coin out there to keep people interested and faithful in BTC.  Either way,  it seems like this is gonna be a rough road for both BTC and BTCD here in a couple months.  I'm just hoping for some reassurance from James himself or someone else who knows about this whole subject.  Best of luck to everyone.  Luck of the Irish.

My BTCD wallet is salivating for said cheap coins

People are impatient cheap coins ahead

Great news James. Can you give us approximate time-frame for the new release? Days, or couple of weeks? Thanks for your support and insane productivity

OK, I am kind of excited about this, both from technical and marketing points.
You know how there is all this hoopla about Turing complete language?
For those who followed the NXTcoinsco "name change" to Tradebots, you will know I have been working on a tradebot language today, but first I thought just something simple, like >, < ==, but then I thought why not make it Turing complete?

I know you are saying that would take a long time to do, but I figured it was worth looking for a nice C interpreter.
...
So, I now have a Turing complete language for people to program their tradebots with!

In the .conf file, I look for dynamically loaded libraries to support custom languages
With the language compiler loaded into the system, you can then send it JSON string that is the program:

{'lang':'ptl','botname':'testbot','inputs':[{'exchange':'bittrex','base':'BTCD','rel':'BTC'}],'signals':[{'name':'buy','size':4},{'name':'sell','size':8}],'picoc':'double main(int argc,char **argv){ double val = 1.234567890123456; val = *(double *)argv[0]; return(val);}'}

program output:
bot returns 0.001353880916065 event.1 Jul_27_14 06:56:08 PM bot.(testbot) id.0 BTCD BTC

The bots are called in dependency order for all price changes and once per minute. It was a bit tricky to make sure the order of calling the bots are done so all the data is ready for each bot, this is determined by order the tradebots are added to the system to create the tradebot topology.

The above is just a small test program in 'JSON' where " -> ' to deal with the stringification of strings through all the layers.
lang: ptl is just for pico tradebot language
botname: testbot is how other bots can get the output signals of this bot
inputs: is an array of external data sources (all the major exchanges and contract pairs) and I will also add some basic signal processing, like smoothing, moving averages, noise filtering, etc.
signals: these are the named outputs of this bot and the size, so the output can be more than just a single number, it could be an entire data structure
picoc: this is the Turing complete part, I was able to integrate in the picoc interpreter and verify that I can pass data in and out of the tradebot code. I even changed it so by default it outputs a double for easier connecting to other things needing floating point inputs. I will be able to give access to the picoc programs the entire dataset that my data gathering is doing. In fact, I can let it access external functions, so it would be possible to make NXT API calls from within the picoc, or bitcoind, or basically anything.

Now the reason I was able to add Turing complete language support into my tradebot language in less than a day is that I care not about synchronizing all nodes. Tradebots design is for each node to run a different set of tradebots to come up with customized trading decisions.

Now that I have the pico tradebot language and the realtime data gathering and the realtime bitmap display and the atomic exchange and a hub and spoke network, InstantDEX is very close to initial release. First I will make a auto BTCD -> BTC converter that will allow payment in BTCD to all places that accept BTC. With what is in place, well, that is pretty much enough to allow this.

People who make tradebots can let others use it and then share trading profits, but only if they are profitable. I have accelerated deploying SVM enabled tradebots as all this is coming together very nicely. With SVM creation ability, I expect people will be able to make nicely profitable tradebots.

James

I will send you pm latter today or tomorow to give you a file to translate

as soon as you need translation to Arabic or German let me know!

New site with bounty system will be up soon. 

Of course, we're always open to the community stepping up and volunteering.  If anyone is interested don't hesitate to ask publicly on the forums or else send me a PM.

I joined the coin July 16th, after it had launched already. By the way I am not working for the bounty, I have bought by BTCD on the open market just like everybody else. There was a call for community involvement, so I got a little involved

James

struct tradebot_io
{
    void *compiled;
    char *botname,**signalnames;
    int32_t botid,numoutputs,*signalsizes;
};

changed the interface a little, now on compilation, the compiler can return JSON with the name of the bot, its ID and the number of outputs it will have along with names. The convention is that these outputs will be packed in order at the beginning of the memory pointed to by compiled

So, now other bots can access the outputs of other bots by name, id and signal within each bot

Instead of limiting each "signal" to a single value, I will allow for variable sized, the contents to mean whatever the bot writer makes it to mean. So it can hold floating point double, integer bits, 16 value price bar, etc

Test run:
codejson = {'lang':'btl'}

compiler just hard code returns: {"botname":"testbot","signals":[{"signal":"buy","size":4},{"signal":"sell","size":8}]}

and the system creates the right pointers to memory with the right names and sizes:
0 of 2: "testbot".id0 buy compiled.0x1026000e0 ptr.0x1026000e0 (buy).size4
1 of 2: "testbot".id0 sell compiled.0x1026000e0 ptr.0x1026000e4 (sell).size8
json_handler returns.({"botname":"testbot","signals":[{"name":"buy","size":4},{"name":"sell","size":8}]})

just for fun, lets remove the botname field:
0 of 2: "bot with no name".id0 buy compiled.0x100f143d0 ptr.0x100f143d0 (buy).size4
1 of 2: "bot with no name".id0 sell compiled.0x100f143d0 ptr.0x100f143d4 (sell).size8
json_handler returns.({"signals":[{"name":"buy","size":4},{"name":"sell","size":8}]})

not much of a test suite, but at least it seems to be registering the language and the tradebot. Now onto allowing other bots to make connections to the outputs of other bots

James

P.S. I think what I am doing is called rapid development, or something like that. I just write code that I understand, incrementally so I make no giant leaps to end up where I am lost. Always best to work from a stable solid point.

Why people considered me as FUDster? Isn't darkcoinblack coming out with bounty for any anon dev to jump on board? I'm 100% sure I saw on first day darkcoinblack come out. I just want to say the true and nothing is bad about it unless you want to hide about it.

Title of forum say Unofficial StealthCoin Forum

I will send you a PM

How can I assist ICT?

Anyone available to help me test something, no technical knowlegde needed