CREDITS [CRE] | SHA256 | SIDECHAIN | NEW BLOCK-DEPOSIT FEATURE | OFFICIAL THREAD - page 14.

MRKLYE

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Quote from: SebastianJu on August 03, 2015, 12:25:28 PM

By the way... all future bitcoin users? You dont exchange your bitcoins to credits, right? Then if i claim credits and then send bitcoins the bitcoins to someone then this user cant claim credits for the same bitcoins, right?

Exactly SebuJ!

That is where the sidechain comes in. The Credits client actually tracks all BTC that has been used to claim Credits from to ensure that it isn't used again. It's quite a neat and unique feature.

Everyone was a big fan of CLAM's distro method. This is sort of the next step by allowing a rolling timeframe in which users can migrate to CRE.

GreydonIselmoe

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Quote from: SebastianJu on August 03, 2015, 12:25:28 PM

So when i understand it correctly then Proof of Deposit is, unlike staking, only working when you mine credits with POW. Since i dont mine POW its out of question for me.

Then the distribution means that all bitcoin addresses that held bitcoins in the last three months hold credits too?

Then if you dont have a standard bitcoin wallet how to claim them?

By the way... all future bitcoin users? You dont exchange your bitcoins to credits, right? Then if i claim credits and then send bitcoins the bitcoins to someone then this user cant claim credits for the same bitcoins, right?

Gabriel can answer the second half of your question better, but regarding POW, you don't even have to contribute hashing power to mine CRE. You can offer the deposit to a miner that needs a deposit to contribute work.

There's 2 things needed for block validation, work (POW) but also deposits (POD). POW mining is not the only way to "get" credits

SebastianJu

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So when i understand it correctly then Proof of Deposit is, unlike staking, only working when you mine credits with POW. Since i dont mine POW its out of question for me.

Then the distribution means that all bitcoin addresses that held bitcoins in the last three months hold credits too?

Then if you dont have a standard bitcoin wallet how to claim them?

By the way... all future bitcoin users? You dont exchange your bitcoins to credits, right? Then if i claim credits and then send bitcoins the bitcoins to someone then this user cant claim credits for the same bitcoins, right?

Markov

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Breizh Atao

Quote from: Gabriel Eiger on August 03, 2015, 06:07:49 AM

Quote from: Markov on August 02, 2015, 10:00:21 AM

Any news on the new wallet?

I can't find it anywhere. I don't mind beta testing it if needs be.

Hey Markov, thanks for the offer. See the post above for info regarding some unforeseen problems in the final stages of testing. Would you like me to publish a binary that you can do beta testing with?

No problem. Send me a link in PM and I'l pick it upin 2 hours once at home.

Gabriel Eiger

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Lead developer of Credits [CRE]

Quote from: Markov on August 02, 2015, 10:00:21 AM

Any news on the new wallet?

I can't find it anywhere. I don't mind beta testing it if needs be.

Hey Markov, thanks for the offer. See the post above for info regarding some unforeseen problems in the final stages of testing. Would you like me to publish a binary that you can do beta testing with?

Gabriel Eiger

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Lead developer of Credits [CRE]

Slow sync times when syncing from scratch with coming release version 0.9.1.70.

The sync on a clean install are progressing at a too slow pace, and there might be unforeseen problems that only has surfaced in the final stages of testing. It is not clear wether these problems are due to the latest release or due to bad download connections.

I am currently therefore doing a sync of the blockchains on two separate similar Windows machines with version 0.9.1.70 (coming release) on one and version 0.9.1.60 (latest version) on the other.

If there are a substantial sync time difference between the two machines, the coming release may have to be postponed.

I would gladly accept a beta tester for the coming release to get to the bottom of the problem.

Gabriel Eiger

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Lead developer of Credits [CRE]

Quote from: binmon on August 02, 2015, 07:14:34 PM

It would be nice if i could send coins...... when trying, i get an "assertion failure"

Yes, could you give a log output or a screenshot or both. Is it BTC or CRE?

And which version are you running?

MRKLYE

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Quote from: binmon on August 02, 2015, 07:14:34 PM

It would be nice if i could send coins...... when trying, i get an "assertion failure"

Mind taking a screenshot of that error?! Never heard of that before. Whats the debug.log saying?

binmon

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It would be nice if i could send coins...... when trying, i get an "assertion failure"

MRKLYE

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Very pleased to announce that Credits (CRE) has been added to C-cex.com exchange!

It has been paired with both BTC as well as USD. I've tried out the exchange and it appears to be working!

C-cex.com BTC/CRE Trading

Remember, All BTC users likely have Credits waiting for them! Credits claims at a 1:1 ratio with the Bitcoin in addresses you own.
For more information you can visit CreditsClient.com. Site is still being worked on and updated so it will have more info in the coming days.
(If anyone has any questions I'll do my best to answer them here)

MRKLYE

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Quote from: Gabriel Eiger on August 02, 2015, 10:39:31 AM

Quote from: Markov on August 02, 2015, 10:00:21 AM

Any news on the new wallet?

I can't find it anywhere. I don't mind beta testing it if needs be.

A release will be added to credits-currency.org tonight. Still preparing a pre-synced working directory. I'll add some more info in a few hours.

I'll add links to the creditsclient.com site as well when you get it up.

Awesome timing too! I managed to crash my laptop this afternoon and you guessed it, corrupted my chain sync again.
Hopefully you get this pre-synced version up and ready and I can get going quickly!

I assume c-cex is waiting for this wallet as well. so it shall be a race.

GreydonIselmoe

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Quote from: Gabriel Eiger on August 02, 2015, 10:39:31 AM

Quote from: Markov on August 02, 2015, 10:00:21 AM

Any news on the new wallet?

I can't find it anywhere. I don't mind beta testing it if needs be.

A release will be added to credits-currency.org tonight. Still preparing a pre-synced working directory. I'll add some more info in a few hours.

Awesome, that pre-prepared directory is a life saver. Thanks!

Gabriel Eiger

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Lead developer of Credits [CRE]

Quote from: Markov on August 02, 2015, 10:00:21 AM

Any news on the new wallet?

I can't find it anywhere. I don't mind beta testing it if needs be.

A release will be added to credits-currency.org tonight. Still preparing a pre-synced working directory. I'll add some more info in a few hours.

Gabriel Eiger

sr. member

Activity: 280

Merit: 250

Lead developer of Credits [CRE]

Quote from: galbros on August 01, 2015, 06:39:31 PM

Quote from: Gabriel Eiger on July 29, 2015, 07:37:37 PM

Preparations for new release ongoing

I really like what you are trying to do and I realize you are busy just getting the fundamentals down, but one of the things that I think really helped CLAM was what dooglus did with just-dice for claiming your coins. I could never really get the clam-client to work importing my wallet, but it was super easy using the JD claiming system.

I do not know how hard it would be, or even possible, but if there was an online wallet coupled with a way to claim CRE from your bitcoin addresses, e.g. a just-dice without gambling, I think it would make your coin VERY accessible to people who are not technical. Don't get me wrong, the instructions over on the CRE forum are outstanding, but still it's a lot to do to.

Good luck with your coin!

Thank you very much for that input. That is a REALLY good idea!

I'll look into how it can be achieved.

Markov

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Breizh Atao

Any news on the new wallet?

I can't find it anywhere. I don't mind beta testing it if needs be.

GreydonIselmoe

sr. member

Activity: 294

Merit: 250

Credits [CRE] - Community Manager

Quote from: SebastianJu on August 01, 2015, 08:53:05 PM

What was the date of initial distribution and what to do when you have not a standard bitcoin client? So can single addresses be claimed with their private key?

And i did not understand the pod yet. What is the requisit to stake? with pod?

And whats the difference to clams, besides pow mining?

More info here: http://credits-currency.org/viewtopic.php?f=18&t=24

and here: http://credits-currency.org/viewtopic.php?f=24&t=755#p1329

Cheers!

MRKLYE

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Quote from: SebastianJu on August 01, 2015, 08:53:05 PM

What was the date of initial distribution and what to do when you have not a standard bitcoin client? So can single addresses be claimed with their private key?

And i did not understand the pod yet. What is the requisit to stake? with pod?

And whats the difference to clams, besides pow mining?

There is no "initial distribution" per say as with clam which had a set date.. The credits client keeps a rolling snap shot of the BTC blockchain and the coins on it that is about 3 months in the past. This allows you to have coins moved from the addresses and not have to risk your coins. Cheesy

Proof of deposit is quite neat actaully. You can use Credits in order to make your mining easier, And deposits for mining are held for 3 months or so as well, helping combat inflation. For instance someone starting mining CRE right now will notice that the block reward is 45 but the mining deposit required is around 40 CRE.. so you'd get 5 CRE or so now and the rest would be spendable in 3 months. Half of the coin supply at any time is tied up in miner deposits by design.

SebastianJu

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What was the date of initial distribution and what to do when you have not a standard bitcoin client? So can single addresses be claimed with their private key?

And i did not understand the pod yet. What is the requisit to stake? with pod?

And whats the difference to clams, besides pow mining?

galbros

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Quote from: Gabriel Eiger on July 29, 2015, 07:37:37 PM

Preparations for new release ongoing

I really like what you are trying to do and I realize you are busy just getting the fundamentals down, but one of the things that I think really helped CLAM was what dooglus did with just-dice for claiming your coins. I could never really get the clam-client to work importing my wallet, but it was super easy using the JD claiming system.

I do not know how hard it would be, or even possible, but if there was an online wallet coupled with a way to claim CRE from your bitcoin addresses, e.g. a just-dice without gambling, I think it would make your coin VERY accessible to people who are not technical. Don't get me wrong, the instructions over on the CRE forum are outstanding, but still it's a lot to do to.

Good luck with your coin!

MRKLYE

legendary

Activity: 1358

Merit: 1003

Designer - Developer

I'm currently syncing up the client version v0.9.1.52 I had laying around. Hopefully she hurries.

Whats the network difficulty and power looking like these days?

Topic: CREDITS [CRE] | SHA256 | SIDECHAIN | NEW BLOCK-DEPOSIT FEATURE | OFFICIAL THREAD - page 14. (Read 57394 times)