BTCD is no more - page 455. | Bitcointalksearch.org

jl777

legendary

Activity: 1176

Merit: 1134

Quote from: Ezravdb on July 22, 2014, 10:57:27 AM

Good work JL777!

Don't forget to finish MGW for Nxt also Tongue

There are currently no known bugs for MGW, also I released Universal MGW that allows anybody to host a MGW server for dozens of different gen1 coins.

James

xtent

full member

Activity: 154

Merit: 100

Quote from: meccoin4me on July 22, 2014, 02:30:52 PM

i have a great believe in darkcoin , sold all my other coins and going all-in on BTCD , is going well today

love BTCD

If this hits the China exchanges, I can see .01 happening quickly.

meccoin4me

hero member

Activity: 504

Merit: 500

Bitcoin is getting bigcoin

i have a great believe in darkcoin , sold all my other coins and going all-in on BTCD , is going well today

love BTCD

$howmetheMoney

member

Activity: 74

Merit: 10

Quote from: damiano on July 22, 2014, 01:53:10 PM

Quote from: $howmetheMoney on July 22, 2014, 01:43:41 PM

Quote from: jl777 on July 16, 2014, 03:23:09 PM

Quote from: ChooseUse on July 16, 2014, 02:26:36 PM

Quote from: jl777 on July 15, 2014, 02:57:42 PM

Hello!

I am part of BTCD community now and I happen to be developing a cryptonote fork to add anon features to NXT. It turns out that my methods should apply to BTCD also. I will be working on integrating cryptonote tech into BTCD, but it is more than "just" cryptonote anon tech as I am also making my solution include a near realtime exchange (InstantDEX) so people can directly trade just by running the coin.

How will all this work you ask?
https://github.com/jl777/pNXT has the current source code and it is rapidly being developed.

Once InstantDEX is done, I will be adding Privatebet (peer to peer sportsbook) to the pNXT framework, plus the way it is implemented there is no reason any other number of useful services cant be added.

My efforts are in parallel with all the other BTCD coders and I try to design a clever way to integrate to require minimal changes to the BTCD codebase. So, if I succeed, then all the peoples selling at current prices will not be so happy.
There is no reason that other anon tech in BTCD can't combine with the cryptonote tech, in fact pushing tx through two independent anon algos would only help if it is done properly. So, I bring very good news to BTCD and now I expect a massive in increase in the FUD level

James

P.S. I am not so active on BTT, but you can find out more about me on NXT forums and jl777.org

Will the cryptonote tech lead to any issues with blockchain bloat?

yes,blockchain bloat is an issue for all cryptonote coins, however I chose the boolberry fork to base my work on as it was the most advanced as far as blockchain pruning and just being more efficient. However, I have a plan to use a blockchain FIFO to deal with whatever bloat issues we get. There is no reason to store the entire blockchain, but you do have to process it once. A FIFO is perfect for that, just set the FIFO size to the max lookback window into the blockchain dataset you need (of course you need to store all the keyimages, but that is smaller than the full blockchain). Then after loading the blockchain the first time, all that is left in memory is the FIFO. So as long as you have HDD space you are fine, not limited by system RAM

James

P.S. I am also toying with the idea of using the cryptonote blockchain as a sidechain and maintaining a decentralized ledger. Then we can simply toss the blockchain as soon as there is consensus. However, this is pretty tricky, so most likely not for the first version.

It hasn't been done yet because you if you ever need to revert the blockchain because of a fork, or if an exchange is hacked, then you cannot.

This just encourages hackers to infiltrate exchanges, or even exchanges themselves to take the coins because they know they have them permanently.

Cool idea though.

Well klee lost over 1000 bitcoins last week when he was hacked, no mention of reverting the blockchain then. Fork idea ill let someone else answer. I dont agree with what vericoin did on that fork. It should of been mintpals responsibility to pay everyone back even if it put them out of business.

If someone isn't responsible keeping their coins secure it is there fault

The vericoin protocol was to blame not the exchange. Otherwise the hackers would have just attacked bitcoin or litecoin.

If the vericoin developer had done what the BTCD developer is proposing (blockchain ledger), then everyone would have lost their money, and the hacker wins.

You need to be able to roll back the chain if something as significant as an exchange getting hacked happens, look at MTgox, that is what happens when they don't roll back the blockchain.

CryptoNote inevitably bloats the blockchain at an exponential rate. Period.

shivamchawla

sr. member

Activity: 466

Merit: 250

Glad to see BitcoinDark doing so good in the market. I just wrote another article on bitcoindark regarding all the recent developments
http://www.cryptoslice.com/bitcoindark-way-become-first-fully-anonymous-coin/

koralon

full member

Activity: 185

Merit: 100

Quote from: geekynoob on July 22, 2014, 02:10:31 PM

Took a crack at a new logo. Thoughts? :/

Donations welcome: RGb89Xv4NRsAasi9a8Go9Ak9SNkoFocrEX

How about.. no.

geekynoob

newbie

Activity: 2

Merit: 0

Took a crack at a new logo. Thoughts? :/

http://s23.postimg.org/yoyh95qdn/btcd.jpg

Donations welcome: RGb89Xv4NRsAasi9a8Go9Ak9SNkoFocrEX

Starfleet.Intelligence

full member

Activity: 237

Merit: 100

Quote from: gitbknowsall on July 22, 2014, 02:07:30 PM

Quote from: Starfleet.Intelligence on July 22, 2014, 02:03:53 PM

Seems there is big sale %%% on bittrex... Roll Eyes

yea I missed that one... note to self set low buys before having a break.

The transition to bittrex is one of the fastest among the exchanges I know. But in this case not that quick to get a catch for a buy Angry

IceColdTommy

full member

Activity: 168

Merit: 100

Quote from: damiano on July 22, 2014, 02:06:45 PM

Quote from: Starfleet.Intelligence on July 22, 2014, 02:03:53 PM

Seems there is big sale %%% on bittrex... Roll Eyes

someone pushed the price down into the orders or 116k-118k

thanks for the one, just bought more in

gitbknowsall

sr. member

Activity: 336

Merit: 250

Quote from: Starfleet.Intelligence on July 22, 2014, 02:03:53 PM

Seems there is big sale %%% on bittrex... Roll Eyes

yea I missed that one... note to self set low buys before having a break.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: Starfleet.Intelligence on July 22, 2014, 02:03:53 PM

Seems there is big sale %%% on bittrex... Roll Eyes

someone pushed the price down into the orders or 116k-118k

Starfleet.Intelligence

full member

Activity: 237

Merit: 100

Seems there is big sale %%% on bittrex... Roll Eyes

gitbknowsall

sr. member

Activity: 336

Merit: 250

Quote from: xtent on July 22, 2014, 01:58:08 PM

There are not many coins to go around, I still think this price will be going higher, not sure why anyone would be selling really.

So what is going on with the China markets?

Good question would be nice to get some help from the community to get the ball rolling Cheesy

xtent

full member

Activity: 154

Merit: 100

There are not many coins to go around, I still think this price will be going higher, not sure why anyone would be selling really.

So what is going on with the China markets?

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: $howmetheMoney on July 22, 2014, 01:43:41 PM

Quote from: jl777 on July 16, 2014, 03:23:09 PM

Quote from: ChooseUse on July 16, 2014, 02:26:36 PM

Quote from: jl777 on July 15, 2014, 02:57:42 PM

Hello!

I am part of BTCD community now and I happen to be developing a cryptonote fork to add anon features to NXT. It turns out that my methods should apply to BTCD also. I will be working on integrating cryptonote tech into BTCD, but it is more than "just" cryptonote anon tech as I am also making my solution include a near realtime exchange (InstantDEX) so people can directly trade just by running the coin.

How will all this work you ask?
https://github.com/jl777/pNXT has the current source code and it is rapidly being developed.

Once InstantDEX is done, I will be adding Privatebet (peer to peer sportsbook) to the pNXT framework, plus the way it is implemented there is no reason any other number of useful services cant be added.

My efforts are in parallel with all the other BTCD coders and I try to design a clever way to integrate to require minimal changes to the BTCD codebase. So, if I succeed, then all the peoples selling at current prices will not be so happy.
There is no reason that other anon tech in BTCD can't combine with the cryptonote tech, in fact pushing tx through two independent anon algos would only help if it is done properly. So, I bring very good news to BTCD and now I expect a massive in increase in the FUD level

James

P.S. I am not so active on BTT, but you can find out more about me on NXT forums and jl777.org

Will the cryptonote tech lead to any issues with blockchain bloat?

yes,blockchain bloat is an issue for all cryptonote coins, however I chose the boolberry fork to base my work on as it was the most advanced as far as blockchain pruning and just being more efficient. However, I have a plan to use a blockchain FIFO to deal with whatever bloat issues we get. There is no reason to store the entire blockchain, but you do have to process it once. A FIFO is perfect for that, just set the FIFO size to the max lookback window into the blockchain dataset you need (of course you need to store all the keyimages, but that is smaller than the full blockchain). Then after loading the blockchain the first time, all that is left in memory is the FIFO. So as long as you have HDD space you are fine, not limited by system RAM

James

P.S. I am also toying with the idea of using the cryptonote blockchain as a sidechain and maintaining a decentralized ledger. Then we can simply toss the blockchain as soon as there is consensus. However, this is pretty tricky, so most likely not for the first version.

It hasn't been done yet because you if you ever need to revert the blockchain because of a fork, or if an exchange is hacked, then you cannot.

This just encourages hackers to infiltrate exchanges, or even exchanges themselves to take the coins because they know they have them permanently.

Cool idea though.

Well klee lost over 1000 bitcoins last week when he was hacked, no mention of reverting the blockchain then. Fork idea ill let someone else answer. I dont agree with what vericoin did on that fork. It should of been mintpals responsibility to pay everyone back even if it put them out of business.

If someone isn't responsible keeping their coins secure it is there fault

$howmetheMoney

member

Activity: 74

Merit: 10

Quote from: jl777 on July 16, 2014, 03:23:09 PM

Quote from: ChooseUse on July 16, 2014, 02:26:36 PM

Quote from: jl777 on July 15, 2014, 02:57:42 PM

Hello!

I am part of BTCD community now and I happen to be developing a cryptonote fork to add anon features to NXT. It turns out that my methods should apply to BTCD also. I will be working on integrating cryptonote tech into BTCD, but it is more than "just" cryptonote anon tech as I am also making my solution include a near realtime exchange (InstantDEX) so people can directly trade just by running the coin.

How will all this work you ask?
https://github.com/jl777/pNXT has the current source code and it is rapidly being developed.

Once InstantDEX is done, I will be adding Privatebet (peer to peer sportsbook) to the pNXT framework, plus the way it is implemented there is no reason any other number of useful services cant be added.

My efforts are in parallel with all the other BTCD coders and I try to design a clever way to integrate to require minimal changes to the BTCD codebase. So, if I succeed, then all the peoples selling at current prices will not be so happy.
There is no reason that other anon tech in BTCD can't combine with the cryptonote tech, in fact pushing tx through two independent anon algos would only help if it is done properly. So, I bring very good news to BTCD and now I expect a massive in increase in the FUD level

James

P.S. I am not so active on BTT, but you can find out more about me on NXT forums and jl777.org

Will the cryptonote tech lead to any issues with blockchain bloat?

yes,blockchain bloat is an issue for all cryptonote coins, however I chose the boolberry fork to base my work on as it was the most advanced as far as blockchain pruning and just being more efficient. However, I have a plan to use a blockchain FIFO to deal with whatever bloat issues we get. There is no reason to store the entire blockchain, but you do have to process it once. A FIFO is perfect for that, just set the FIFO size to the max lookback window into the blockchain dataset you need (of course you need to store all the keyimages, but that is smaller than the full blockchain). Then after loading the blockchain the first time, all that is left in memory is the FIFO. So as long as you have HDD space you are fine, not limited by system RAM

James

P.S. I am also toying with the idea of using the cryptonote blockchain as a sidechain and maintaining a decentralized ledger. Then we can simply toss the blockchain as soon as there is consensus. However, this is pretty tricky, so most likely not for the first version.

It hasn't been done yet because you if you ever need to revert the blockchain because of a fork, or if an exchange is hacked, then you cannot.

This just encourages hackers to infiltrate exchanges, or even exchanges themselves to take the coins because they know they have them permanently.

Cool idea though.

crackfoo

legendary

Activity: 3556

Merit: 1126

Quote from: damiano on July 22, 2014, 12:27:07 PM

wow yesterday we had about 16TH combined on the multipools, now there is over 70TH Shocked

yeah, great support goin on my pool. http://btcd.xpool.ca We're hovering between 55-60TH/s

Happy Hashing!

Cheers!

omahapoker

hero member

Activity: 868

Merit: 1000

i researched this coin for 48 hours now and convinced this coin is the golden one.

i got bitcoindarkdice.com today.

anyone making a BTCD dice site hit me up if you want to but the best domain name

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: $howmetheMoney on July 22, 2014, 01:09:26 PM

Btw, this is how easy this 'CryptoNote' protocol is to implement.

https://cryptonotestarter.org/

Ring signatures bloat the blockchain insanely as well. Monero's is almost 1 gigabyte now and it was 100 megabytes 20 days ago.

However, I will give it to the developer; you perfected the initial distribution and PoW.

This coin will trump Monero (100%) because of that, plus since the network is supported by ASICS, the speeds will be faster.

But, again, this coin is no less, and no more anonymous than any other CryptoNote coin, Boolberry, Monero, Bytecoin.

Also ring signatures are not the same as stealth addresses, but they are VERY similar. It's like a stealth address collective, that the receiver signs with a one time key.

I believe it was stated jl777 has a way to implement the cryptonote without the bloat, you would have to dig through his post history to locate what he is talking about.

I've seen a few comments already about btcd rendering other cryptonotes useless, hopefully your correct. There seems to be a lot on the table as far as development and features so this is an exciting time.

I own both XMR and BTCD so I would like them both to do well

$howmetheMoney

member

Activity: 74

Merit: 10

Btw, this is how easy this 'CryptoNote' protocol is to implement.

https://cryptonotestarter.org/

Ring signatures bloat the blockchain insanely as well. Monero's is almost 1 gigabyte now and it was 100 megabytes 20 days ago.

However, I will give it to the developer; you perfected the initial distribution and PoW.

This coin will trump Monero (100%) because of that, plus since the network is supported by ASICS, the speeds will be faster.

But, again, this coin is no less, and no more anonymous than any other CryptoNote coin, Boolberry, Monero, Bytecoin.

Also ring signatures are not the same as stealth addresses, but they are VERY similar. It's like a stealth address collective, that the receiver signs with a one time key.

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