Topic: **MANDATORY UPGRADE REQUIRED** [ANN] B&C Exchange - All users must upgrade - page 7. (Read 174455 times)

B&C Exchange is hiring two full time C++ developers.

Progress has been slower than expected because developers (most of whom had agreed to work about half time) haven't put in the quantity of hours that were discussed when the project began. Fortunately, this means little funding has been consumed, so we get another chance without needing any additional funding. The best way to resolve the issue is to simply require full time developers, so they don't have any other work competing for their time and attention. Additionally, these two full time developers won't be working on the NuBit project at all. There has been a dynamic where the shared team for B&C Exchange and NuBits tends to put more time than expected on NuBits because it is a live and operational network, which means issues tend to seem more urgent than they do for the not yet operational B&C Exchange.

Previously, the strategy had been to use the same team members that had accomplished the amazing technical feats we see in the NuBits project. This approach hasn't worked. During NuBit development, we had a team of 5 or 6 people working full time. The NuBit budget experienced an 80% reduction in funding before B&C Exchange funding was successfully obtained. So, the team was mostly disbanded. Getting funding for B&C Exchange was not sufficient to pull the team back together for a second project.

With two full time developers, a full time QA resource, most of my attention going to my architect role, and a number of veteran part time developers, the project should be well positioned to be completed the middle of this year.

I am still very confident the design of B&C Exchange is practical and viable. Major progress has been made, particularly in the form of our 4.0 RC2 build, which contains a large percentage of the features needed in B&C Exchange. The change in direction toward new full time developers is likely to bring the core software to completion in a timely manner. While there is still a good chance we will be able to complete non-core infrastructure such as a web interface with our current budget, the chances appear lower than they did a number of months ago.

Much will hinge on the quality and devotion of the developers who have yet to be hired. Active shareholders should do their best to encourage excellent candidates to reach out to me.

Nice and reassuring to see some substantial progress.

thanks for the answer.

I just asked the block explorer developer, Johny, about this. But yes, it is safe to say that it is an error in the block explorer display.

We have a new release candidate for B&C Exchange 4.0 that will enter testing tomorrow:

https://bitbucket.org/JordanLeePeershares/bcexchange/downloads/bcexchange-4.0.0-RC2-win-gitian.zip
https://bitbucket.org/JordanLeePeershares/bcexchange/downloads/bcexchange-4.0.0-RC2-linux-gitian.zip

4.0 will allow shareholders to vote for signers and allows signers to prepare for trading operations in the following production release.

CoinGame will keep us informed in the coming days regarding what he finds while testing.

there are 187,190.226 Blockshares available

but in the richlist: https://bcblockexplorer.com/status/richListBKS

I can see, that one address hold more than 490,000.00 BKS - a mistake?

I am confused

Shareholders will be able to set the number of confirmations required for each blockchain by voting with their stake. The number of confirmations required applies to orders placed. The blockchain has already famously solved the double spend problem. We will use the same approach to detect and invalidate double orders.

On a separate note, we have added woodstockmerkle as a developer to the NuBits/B&C Exchange team. He will be helping us 5 to 10 hours a week. While his first assignment is working on a NuBit release, having him do so will increase sigmike's availability to work on B&C Exchange.

We are also looking for another developer. Details about the opening are available here.

I think it's a bit harsh to call an asset on a decentralized exchange a scam.

The BKS on the DEX is called OPEN.BKS to show that it is in fact an asset based on an IOU of the real BKS located in a hot or cold wallet. You cannot vote with the asset, you could however vote with the real BKS on the cold if that was the intention which it is not. In case you have OPEN.BKS on your account on OpenLedger, all you need to withdraw to th real thing on your own wallet or other is to enter the address of destination, amount you wish to send provided you have this amount ofcourse, and gone it is, and soon after on your own wallet, or on account on CCEDK exchange could be another example.

BKS is available on the exchange OpenLedger in the same way as any other crypto or NBT and NSR on any exchanges like Poloniex, Bittrex etc., the only diffrence is that on OpenLedger you are actually able to see how many BKS, NSR or NBT is held in the cold wallet of the platform, something which other exchanges do not offer.

It is not yet cold wallets with multisig accounts but expected to be added in next few months thus securing the funds the maximum as the idea would be to have someone trusted by the currency in question to be in possession of one of the keys to access and accept any withdrawals.

OpenLedger is the first exchange offering BKS in automode both deposit an withdrawal, as CCEDK is only able to do it all manually so instead of calling it a scam, why not call it a great achievement and appreciate the option of an easy access as well as the possibility of trading of a currency expected a great future?

From today Openledger is listed as exchange on CMC an will be listed on various other charts and site in coming weeks.** On this platform remember always to do backup on external hard disc.**

And I suggest you have a good look at below videos on use case as well as tutorial prior to signing up, it will help a great deal in making the first expereince so much better!

I think it could be interesting for you to have an easy access to trade in and out of Ethereum with Blockshares, nothing anybody else does, and now in automode, instead of the present manual handling on CCEDK.

I have created  following pairs on Openledger, which means they are active right now, but with little liquidity since only created:

BKS/BTC    https://bitshares.openledger.info/?r=openledger#/market/OPEN.BKS_OPEN.BTC
NBT/BTC   https://bitshares.openledger.info/?r=openledger#/market/OPEN.NBT_OPEN.BTC
ETH/BTC    https://bitshares.openledger.info/?r=openledger#/market/OPEN.ETH_OPEN.BTC
ETH/NBT   https://bitshares.openledger.info/?r=openledger#/market/OPEN.ETH_OPEN.NBT

BKS on OpenLedger is working on Openledger similar to btc, nbt etc on any other exchange and is therefore not decentralized  and you can therefore not use it on OpenLedger for voting but woul need to withdraw and place it in you Blockshares wallet similar to what you would do with NuShares and NuBits. Openledger is an alternative exchange when it comes to btc and altcoins. Only bts and martcoins like bitassets are decentralized.

**Welcome bonus 10 OBITS signing up with below link**

All accounts created from today february 10th untill Fberuary 20th on the base of following link:

https://openledger.info/?r=blockshares to access webwallet **via landing page **

or

following link: https://bitshares.openledger.info/?r=blockshares **to access directly to webwallet**

**are given a welcome bonus of 10 OBITS.**

If you dont know OBITS more info on  site: www.obits.io

You can create any trading pairs you wish by chnaging for instance OPEN:BTC to OPEN.DOGE and market will be active the minute you start building a sell or buy wall.

Dont let you be fooled of the OPEN.XXX an think this is just plain asset, it is the same way any other exchange is handling the incoming and outgoing crypto, meaning it is placed in cold and hot wallets, the only and perhaps very interesting detail is that on Openledger you are able to follow what amounts are deposited an withdrawn all the time, either by looking directly at the hot wallet called openledger-wallet or by checking oit the activities via the designated explodr called cryptofresh. I give you here the direct link to the wallet, but much more to find here:

http://cryptofresh.com/u/openledger-wallet

It means that right now Openledger as exchange is showing you constant update on what is available in total supply, and you are able to deposit via generated adresses or withdraw directly to the address of your choice all in automode. Just like any other centralized exchange and coming up within next month or maximum two any cold wallets as well as hot for that matter will be handled on the based of a sort of multisignature account, and it could be possible to discuss for instance certain memners of this community to be involved in this part come bigger cold wallet amounts etc like your tier 4 an 3 amounts for instance if I remember correctly.

Dont know about OpenLedger yet?

Have a look at these great videos already made for you to know it better:

https://www.youtube.com/channel/UCZHkjzM5Vp5RH0H_XGBtS0g

**OpenLedger - Smart Trading Decentralized**

This for you information. I thought it might interest you, so I hope it does.

PS: I would love to have you guys together with NuBits an article in Forbes similar to the one we did this week with Emercoin, but it needs your feedback and co operation in making this happen, and I feel it could be a win win situation for both parties.

http://www.forbes.com/sites/rogeraitken/2016/02/08/microsoft-partner-emercoin-joins-cryptos-openledger-to-deliver-robust-blockchain-services/#2fb91bd54407

Yours sincerely

Ronny Boesing
CCEDK

The whole project looks very interesting.
In fact, Nowadays being able to set up a fully functional and secure decentralized exchange is like hiting the golden pot.
Now, tell me how are you trying to deal with the confirmations times for the whole transactions that will be made while trading?

Thank you!
this project is the future of trading - the future of all exchanges.

The NuBits explorer at https://blockexplorer.nu/ has been open sourced. The B&C Exchange explorer is a fork of that, I believe. Here is the NuBit explorer source code:

https://github.com/JetJet13/NuExplorerOS

I am interessted in blockchain and the public ledger
By the way - nice blockexplorer. Is the source code available?

I don't think so. Openledger shows bitshare assets backed with BTS

I think the openledger is not a decentralized exchange like B&C

Talking about Bitshares, which projects are the main BCE's "competitors"?

Dunno if that info is already available inside BCE's documentation but I only know about:

OpenLedger (Bitshares)

And

Bitsquare (independent)

Everything else I've heard of are only (very embryonic) "decex" aborted attempts or (yet to prove) sidechains projects...

P.s. it's important to know what they're doing and "where" (in terms of development pace) they are.

Is that a baseless accusation?    It looks like they are User Issued Assets (UIAs) on the BitShares platform.  Perhaps they are backed by actual BKS ?  Did you bother to contact the issuer of that BitShares asset ?  I agree, that even if they are backed by actual BKS, that the holder of these would not be capable of voting on your platform.

These are completely fraudulent, or counterfeit, Blockshares. And not very convincing counterfeits at that. They contain none of the properties of Blockshares except that they have the label "BKS". You can't mint with them. You can't vote with them. They are not even remotely connected to the B&C Exchange network. And you can't sell them at any exchange trading Blockshares. So don't buy them.

This is a scam.

some one beat you guys on a decentralized BKS https://bitshares.openledger.info/#/market/OPEN.BKS_BTC use chrome to visit iexplore as issues connection too https://bitshares.openledger.info

Just to quickly follow up on Jordan's words regarding the development pace. Things slowed down a bit late last year because of the holidays, traveling, and new year administrative tasks. Things should be picking up from here on out. 4.0 development/testing is in full swing. Once everything is cleared BlockShares owners will be able to start voting on the available assets for trading and reputed signers.

Year end/start is a very busy time for people, and Nu had a similar development slump around the same time last year. I'll try to produce some regular updates regarding testing and development from here on out as well.