Topic: [DVC]DevCoin - Official Thread - Moderated - page 43. (Read 1059157 times)

That sounds a lot like Ethereum's first few addresses to be honest.

https://etherscan.io/address/0x0000000000000000000000000000000000000001

or even the last?

https://etherscan.io/address/0x1000000000000000000000000000000000000000

Integers overflowing and all the endian swaps in the world make it paint a bigger picture. Maybe wearing a different hat (red/white) you'd understand what I'm getting at.

How exciting blockchains make things. I hope for your vision to come true in the future as well. Maybe IBM being a believer in STELLAR, this will be good for your future pursuits:

https://www.zdnet.com/article/ibms-power-ful-open-source-gift-big-winner-is-china-losers-include-you-know-who/

Looks like Altilly is delisting DVC. Do we have any other exchanges? Thanks!

Thank you kindly sir

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How interesting that the form is a Google doc but no gmail

Hey bud,do you want to buy a few coins?I have the best quality coins and can do large tranches so you can buy all the magic wizard swords hookers and lambos in the fantasy kingdom.I hear those IXian hotties like the fantasy lambos. Hit me up bro so I can cash out some fairy coins and buy some real stuff with BTC 

Deposits are a bad word, thus so is withdrawals.

So think of it as buying and selling tokens.

Accepting customer deposits is a whole "thing" in some jurisdictions.

Plus, I do not create tokens "on the fly" representing coins that customers send in.

I created tokens already, representing coins I already have.

I like to only create tokens representing half my coins, if possible, so that I still have coins left over with which to buy back those tokens without having to disturb the "frozen" coins the tokens represent, coins which ideally have stayed in the same address for so long that the coin daemons (wallets) have hard-coded blockchain-checkpoints coded into them that prevents their ever recognising a chain that tries to go back in time and change the fact that those coins are in that "cold storage" address.

Heck ideally the keys for the cold storage addresses are split into umpteen parts and buried on treasure islands and/or safety-deposit boxes so it would be impractical to try to go dig them up again every time someone wants to trade tokens for on-blockchain coins.

Thus logically third-party (in this case me wearing a different hat) in/out exchange businesses take care of getting people onto and off of the platform, by buying on-blockchain coins from them with tokens and buying tokens from them with on-blockchain coins.

Once I have bought a bunch more coins that way I can go ahead and make a new checkpoint in a new copy of the client and issue tokens representing half of the new coins I have acquired.

So a bottleneck of this whole approach is that I cannot handle folks who suddenly want to convert more actual coins onto the platform than have already been represented on the platform by tokens.

But an advantage of this approach is the tokens are in effect better than 100-percent reserve; the coins the tokens represent hopefully never move on the blockchain, being traded back and forth of other coins than those that were frozen to be represented by tokens.

Depending on the blockchain it can make sense that after receiving coins on the blockchain one will want to wait quite a number of blocks before sending whatever they were to be traded for, especially with low-difficulty chains. So another advantage of using tokens on a platform can be greater speed of transactions since all the tokens benefit from what equivalent of "difficulty" a given platform has.

So basically you send me actual DeVCoins to some DeVCoin address I specify, then we wait for a bunch of blocks to go by. probably at least 6 I would think, then I send you DVC tokens on STELLAR to some STELLAR address you specify. Only so many DVC tokens exist so far so we have to start within that amount. My desktop's hard-drive dies yesterday so I am process of setting up my desktop apps and haven't set up STELAR again yet so offhand I do not even now how many DVC tokens I have handy.

Of course anyone else who has some can also handle this for you.

Getting back off the platform is similar, you find someone who has actual coins on blockchain to trade for tokens send them the tokens and they send you the actual coins.

I happen to know that I do have coins enough on hand to cover all the tokens anyone could send me, thanks to my "only tokenise half the coins" tradition.

Someday hopefully there will be production-ready free open-source code for making websites that accept coins and give tokens for them (out of a stock of tokens, not by issuing new tokens) and accept tokens and send coins for them. But no such code exists yet as far as I am aware.

-MarkM-


EDIT: I got a Stellar wallet installed again. Turns out I have 50 million or so DeVCoin tokens on hand (that aren't tied up in offers nor off in separate accounts I made in order to track offers for buying and selling various other things using DeVCoins).

Ctya, I was filling the form but they ask for a corporate domain email address to fill it properly. Additionally they say that "Generic domain such as gmail.com, outlook.com, protonmail.com, etc are not allowed."

Devcoin: Crypto Rewards Before BAT and Steemit
https://cryptobriefing.com/what-coin-these-old-cryptos-did-it-first/

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Someone please fill out the Coin Gecko Beam form

https://chainz.cryptoid.info/dvc/#!news

Thanks ctya!

Private message sent.  thank you fuzzybear.

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https://chainz.cryptoid.info/dvc/ is back online and synchronizing with the full chain now.

hey

this is me,

let me know what up and i need to do please.

Fuzzybear

-I managed to set up a stellar account but after adding DVC and some other assets manually that were not listed it doesn't show any deposit addresses like a normal exchange for each currency/asset so am wondering how you deposit DVC onto it?

-Also which pairs do you recommend for trading apart from GMC/DVC and GRF/DVC and how do you withdraw assets/currencies if nescessary later or does withdrawls have to be XLM,I mean is it possible to withdraw DVC directly from the platform?

Thanks

Reading an older entry here (https://en.bitcoin.it/wiki/P2Pool) it seems that the use of the Neptunes would just cause it to be more difficult to get payouts. Payouts are difficulty adj to find a new block every 30 seconds. Basic understanding here but in essence, its to encourage fair play? I mine coins that are easy on the CPU but not necessarily an advantage for ASIC.

Sounds a lot like what you were describing with its blockchain being a "share-chain" which interacts with BTC's chain but really is something of its own as well for the miners.

EDIT: Might wanna ask Greg Maxwell about P2Pool as well
https://en.bitcoin.it/wiki/File:P2pool_chain.png

I used to run a merged mining pool using that distributed mining thing that used a blockchain itself to co-ordinate miners, I forget its name offhand.

It was not hard to set up but had built-in accounting ony for the mined bitcoins, sending them automatically to the miners as they were mined (using multi-send to all the miners inside the actual mining transaction I think).

P2Pool might have been its name? I think so.

The problem I ended up having with it was once the Neptune miners arrived it emerged that they were not able to use their entire massive hashrate effectively with P2Pool.

I suspect this was because P2Pool was written in a script language, maybe python or perl or something like that.

Basically the hashrate the pool was showing for my Neptunes was way low.

I directed my Neptune miners at MMPool and it showed a hash value much closer to the hash value the mining machines themselves thought they were putting out.

MMPool was written in Golang or Go or some other similarly "obscure" (or even more obscure) language. It could handle those kinds of hash-rates.

The thing is, mining hardware has advanced quite a lot since the Neptune.

I expect modern mining hardware to be even harder for P2Pool to deal with, at least when merging several coins.

Although I do recall having noticed a pool called P2Pool around recently so maybe they actually use that software and maybe it works fine for straight-out mining of one coin or maybe even can manage to merge a few coins if those coins also have high difficulty and long block times. As it is possible the problem I was seeing was partly to do with merging seven or more coins and also partly to do with how many of them have faster block times than bitcoin does.

MMPool also did the accounting of the various merged coins. So maybe a good idea would be to get hold of the guy who wrote it and see if he can be convinced to merge more coins in it again or to release the source-code as free open source.

What I would suggest though for homegrown projects would be to use P2Pool like I did, to merge all the merged mined coins at once, but use lower powered mining hardware than Neptunes.

Or maybe we could try splitting the power of each Neptune-or-better machine between several such pools.

I tried things like leaving GeistGeld (due to its six second block time) out of the merge but still nothing I did seemed able to get P2Pool to recognise the full power of my Neptune miners.

If we could get the code of MMpool released though we might be onto something...

We should definitely merged-mine not only DeVCoin but also, if possible. IXCoin, I0Coin, GRouPcoin, CoiLedCoin, and GeistGeld (XGG), heck maybe also Huntercoin or whatever it calls itself nowadays.

By the way, the Latest Rates and related tables have been updated.


-MarkM-

Great work Ctya!  By the way, no answer from coinwarz.com about their DVC exchange rate chart page yet? 

What a bummer about altilly.com, but sometimes that happens. I'm glad that this time I had the chance to take my DVC out of an exchange. Thanks for the heads up!

I would like to propose a new bounty for a Merge Mining pool.

One of the assets of the DeVCoin project is the combination of a long blockchain and a high difficulty.
That combination makes DeVCoin more secure.

Years ago, mmpool.org would payout in several different alt coins while mining the "long game" target of the next BTC block.
This improved the hash rate of DVC while mining all of the coins at once.  It also encourages low-hash-rate miners to participate in BTC mining because these miners will receive alt coins as a payout while they wait for the pool to find a BTC block.

Additionally, exchanges want a coin project to have a mining pool.
This encourages the exchanges to consider the project as stable.

DeVCoin is currently mined.  We can verify that by seeing the block times and difficulty.  It is high and it is stable.
However, we need a public pool where anyone can rent a rig from miningrigrentals or nicehash and turn BTC/LTC/ETH into hashrate and get a payout in DVC or BTC

~~~
So, my proposal is this:

The Pool must be able to payout in BTC when a BTC block is mined by the pool.
The Pool must be able to payout in DVC when a DVC block is mined by the pool.
The Pool must not keep more than 5% of the block rewards as administration fees.
The Pool must accept "anonymous" miners (no registration required)

Someone is elected to establish donation addresses in LTC and BTC for the bounty
The first Merge Mining pool receives all of these donations + 25 ongoing round shares as long as the pool is operating to help with the payout and encourage ongoing use.
Any additional pools that meet these requirements can receive 10 ongoing round shares.

~~~


ctya

I am working on the reinstatement of service at https://chainz.cryptoid.info/dvc/

https://node1.devcoin.cloud is also a DeVCoin block explorer and receiver host.

Having independently-operated block explorers is beneficial to all.

File custodian of http://devcoinpool.btc-music.com wanted! You are the only custodian left to sync round 97. Please send me a private message ASAP.

PS: Sorry for the public heads up! This is our last option.

- develCuy

I contacted Tradeogre and waiting for a response.

And the first DevSTEEM's buy of DVC for SBD was completed https://steemd.com/tx/5544460083f322724e7f61f1463f14d4a391ec4c

Thanks for your support Traxo!

Btw, we still have some funds to keep buying DVC https://steemit.com/witness-category/@devcoin/devsteem-stage-2-buy-round-1

- develCuy

Don't use a third party website mode wallet.

Check Stellar.org, it has links to lots of wallets, including web-type ones so that if you really prefer a browser interface you can run one of the web-style ones yourself and visit it with your browser. (At least that is what I figured they meant. Though I guess theoretically they might just be talking about third party websites, I didn't actually check, sorry.)

There are also ones for desktop and for phones.

I should warn everyone though that the desktop one(s) I tried turn out, like HORIZON also turns out, to have some arbitrary limit to how many open orders (offers) of yours it will display and since cancel button for each offer is beside its listing on that list once you get a few hundred offers, or maybe its a hundred offers, I didn't count exactly how many it supports before it won't display more, you cannot cancel orders placed after that many.

So you might want to make a separate wallet (account) for each trading pair or something like that if you want to do market-making, as the imit is on total orders it seems, not even just orders of that trading-pair like (I think) is the case with HORIZON.

If anyone finds a wallet that does not mind handling thousands of orders please please let me know!

-MarkM-