Topic: new approach to altcoin design, practical consideration (Read 5510 times)

In order to make it work two transactions are needed, First one to temporary address in your wallet which is deleted right after and second one from this temp address to application creator.
 Full cost consist of (72 coins):
- application price, it entirely goes to  application author  (70 coins)
- two transaction fees they goes to who ever is operating servicing node  at this instance to me. (2 coins)



I will take into consideration your remarks about more user friendliness 

I have done the steps as you said. It paid 70+1 coins in separate transactions as license fee and the test application is unlocked automatically. It is working fine. But why there are two 70+1 transactions and the balance remains at 228 coins in the wallet?

You need to add the details of the transaction. Attach a message or label the transaction as license to the app.

It works  this  way

1. http://inspector.dims.red/#testnet  ensure network is on (at least one tracker and one monitor)
2. open desired  program, it will ask  for  payment
3. open client, it might be open even  before step 2 (client works only if it is able to synchronize with network)
4. there will be some  message boxes which will help you, all you need  is to confirm
5. As long as you have sufficient funds on your account, application will be paid - and  thats over no more  steps ( all operation takes  aprox 2-3 min)

Good project.

But,

I don't understand the video tutorial you have posted.

What I can understand is the user needs to open his coin folder to replace the wallet for the license he has purchased. Then only he can play the game. At once he uses the license, the developer gets his share of payment. If the user don't purchase the license he can't play the game. Am I Right?

I'm downloading the test and client tool. I will pm you for the coins once I'm ready.

Just started to read what you would like to do the world. I appreciate your efforts you have put so far. I wish you would come out with the live community support soon.

Distributed Micro Payment System is one of the most wanted systems of the current Internet Era. It should b fast, safe and efficient to feed the demands of the people all over the world. The current decentralized blockchain technology has some pros/cons for world wide acceptance from government, people of different standards from rich to poor, business to worker and viz.

Making something like Distributed micro payments system is an efficient way to reach the mass in no time. It must beat banks, existing centralized distribution systems which have physical or virtual presence or both.

At first glance, I'm writing this that the sidechain concept is a great thing to be adopted for this kind. I believe you have spent your 2 years to one of the good projects. I first off all, wish you to have time to spend for the project that the world still looking for a better than the best one.

I still haven't gone technically into the works you have done. To get better feedback, you need to get more exposure.

Some things that can help you to talk to more people are.
1. Reddit AMA - Use cryptocurrency, dogecoin, bitcoin and of course r/btc (from forum.bitcoin.com) channels - they have huge subscriber base and you get tons of ideas and suggestions and critics from a lot of people.
2. Use zapchain.
3. Create infographics which is more important and much more needed than words. It will clearly explain what you are actually going to do with Distributed Micro Payment System.
 a. It must graph who, where, for what and why they need the system.
 b. What is needed for the system? - Wallet, Blockchain and related information
 c. Comparison to existing systems like banks, virtual currencies, emerging blockchain technologies
 d. In what ways, your system or (our) system enhance the micropayment over the other systems.
4. As this is a sidechain project, you must be well prepared to answer questions about future forks or other unidentified changes to blockchains that you use for the system.
5. You need to tweet and facebook often about the works you are doing.
6. It's better if you have good set of people form a team and contribute the project at various levels.
7. You must prove how unique, secure and safe your code is.
8. Do need to talk to people often via AMA or have constant touch with social media.
9. Can other projects adopt your system for their own micropayment system. If yes, you need to explain with an example.
10. Once you're popular, start an irc channel and lurk with people there, you get tons of people talking daily and supporting the project it it gets into right shape.
11. Are you going to freely distribute some gift/assets or something to people around the world who joins you like neucoin, brics or others doing (I just added them for example, not believe in any of them).
12. What if the altcoin's blockchain that you use to implement die on the other day(Most of the altcoins died). It happens as everyone knows.


Okay, As of now, I just wanted to add just the basics needed to reach the world. You may have known all these things and you have had a different opinion to start it at different time. Hope this could be a good read for you and others who are visiting this thread.

Every project/coin starts with no support or with money invested on their own. Any project/coin can succeed and go to the moon only when the developer/team/supporter(s) put their right efforts at right time. We have seen lot of projects start with minimal information and peaked.

Good luck Mate! Hope many people will join and do good support for the success of the system.

I'm with you.

[I may come again with some more information after testing the tools you listed on the OP]