Topic: Open Transactions Server: Asset/Bond/Commodity/Cryptocoin/Deed/Share/Stock Exch. (Read 42605 times)

Long time.

I have reviewed this thread and even corrected some typographical errors here and there because I still do refer back to it from time to time in other posts and maybe even in other venues.

In reviewing it though I have discovered that it is not in fact the thread in which I created my policy of only tokenising half of the coins I actually have on hand in order to be able to conceptually separate the roles of token issuer (with 100% reserve) and another reserve used as warm wallet type of thing.

So now I have to go searching around to try to discover where it actually WAS that I originally began that 200% reserve policy...

-MarkM-

Vitalik beat you to it after mining a ton of GEG or GG (GeistGeld Geists) and blocks of TENEBRIX using Tenebrix-miner by lolcust back in 2011 - he prefers them to Litecoin btw.

Then he wrote this in 2013 with others (link is safe it's the colored-coins.pdf original) https://docs.google.com/document/d/1AnkP_cVZTCMLIzw4DvsW6M8Q2JC0lIzrTLuoWu2z1BE/edit?usp=sharing

And then a BTC pre-sale, a block 0 full of pre-allocated accounts of investors and founders. Investors received their coins in those Block 0 transactions and could use their Ether whenever they pleased, the founders remained locked into not using their Ether from initial distribution. What I like about colored coins is the paper has interesting highlighted parts you should pay close attention to.

As far as the colored 1 satoshi value coin needed a 10000 satoshi buffer to even be possible, that would be the granularity needed for microtransactions to make blockchains more suitable than credit cards, debit cards, etc for TX's under $5 as mentioned.

Or, if you're holding onto a color coin that Bitcoin Core may have invalidated when they limited output scripts and OP_RETURN's to 40 bytes from 0.9.0 forward, perhaps there is arbitrary data elsewhere that was sent to the network in the coinbase transaction instead and will become visible when bookmarked implementations of other merge mined patched to Bitcoin as well as different bitcoin implementations build the software to put off data they already have nonstandard on their blocks from copies of bitcoin blocks (devcoin0.9.2 by sidhujag, now of Syscoin which just bridged to ethereum in v 4.0) happens to be a Devcoin client that decided not to go along with Bitcoin Core's decision to exclude counterparty 80 byte functionality to create smart contracts, and more that would also make sense why maybe their value remains at the 1 satoshi value necessary for "colored coins" on BTC's chain, but is also missing an extra 10000 satoshi buffer once recognized that is attached to that tokens hash - locked until its read by something that does in fact collect bitcoin blocks and paste them and their raw data under their DVC txns that exist on top. I've discussed this many times. The transaction for DVC generation since Block 1 follows the modifications of Devcoin's network. Block 0 is an exact copy of BTC 0 but with a different hash but to the same hashed bitcoin legacy key the first 50 coins went to on BTC's chain and DVC. From DVC Block 1 to the beginning of merge mining with Bitcoin (via a patch) - then it became an "auxpow" chain. Because software for Devcoin and arbitrary data and their copies from BTC's chain exist on both blocks there's an OP_RETURN (operator whim?) that can remit (XRP is great for that, glad DVC got on that ledger via a gateway in 2013 alpha, but still) true value to a chain that has an awfully high difficulty and can't be mined for profit if you wanna try ASIC and power most people don't have for 5,000 DVC.... as well as a chain that is in complete accounting control over the share distributed to its Administrators and god only knows what they used their coins to do off-chain to begin the many successful technologically advance projects (Syscoin... Blockchain Foundry... for one). All migrations matter. All accounting matters. All bounties that start exchanges like the VPS vircurex and other such early Bitcoin Core development, they matter. Everyone's still holding their coins that knows why. It's the granularity. It's the confirmations, and its the 99.9% of the world paying $11,000 fiat for BTC from coinbase that aren't willing to research how it got to be that expensive. If they did they'd see the entire NETWORK and how these projects are mostly in the open to where you can do your own education to realize - the day is coming where it will all make sense - Long Fair Distribution = Security. I personally think some of the news and angering people is overboard and hurtful. But who am I to suggest anything to the A-Team. i feel like I'm only on one because I'm a joke to you. But I got here and I won't be swayed. This is true banking and the next evolution of an internet that if it didn't log so much activity the real connections would never be possible to pay people back for building this all someday. It's 2020, you're still EARLY. Even if the codebase ends up being the value and its ancient ancient. just because American Express began in 1950 and switched from a mail company to expat check cashing services to being known for its American Express Black card the rich and famous preferred doesn't mean it's origin isn't significant. Otherwise Hash Cash wouldn't be stamping to create token hashes in the same country where Queen Victoria required here Royal Postal Service to operate by making people buy her stamps. Bitstamps in the EU and even Email in the us, some addresses being [email protected]. Vote by mail! How about vote by DMDv4 in 2024. Buy a DMD amount, its your stamp. It's got your identity tied to it based on location and metadata. Sign it with YOUR signature using the software, submit on a web form and wallah - you voted on blockchain and you can't cheat either. For govt purposes 1 vote per legal citizen.

Must be why discord is pushing me so hard on desktop to go to vote.org - but I'm sitting this one out. If Steven M Bellovin https://www.cs.columbia.edu/~smb/ who linked NIST and Cryptography at metzdowd helped Satoshi Nakamoto's first links to bitcoin.org/pdf. get onto the eventual archive from October 2008 at Metzdowd.com (and possibly thru leaks in gmail to groups etc) - then I would write him in for president or people like him. Those are the true leaders of this country. They just work/teach/and seek no fame. God bless CS and Engineers. Both the hardware and software factions. It's really you who run this world. It's merely Trump that attracts people to Twitter and I'm sure the nodes or info collected there benefit the future of all those bootstrapped chains, hell even my devcoin.org uses bootstrap. So it'll all come to light soon.

Until then, psychiatrist meetings are $200 a month so I can talk to someone who understands my worldview.

EDIT: Edit I forgot the main reason I replied to this quote was to state fuck the FBI and CIA, you don't scare me. I've helped you if anything by allowing you to log all of my travels and thus work in a way that makes your networks come to fruition. You're a boogeyman and you have more things to worry about than me mining and running servers for money that's being created to save your asses from being laid off when the government can't afford to pay for you because the computing costs of every technology you use to take my information is too congested. You need my nodes and you need MY approval. You work for me, I'm an American citizen. You don't lock up pioneers who do a great service for their countries infrastructure because they saw it first and weren't afraid of you. Do you? Sorry about all that Tenebrix I'm raking in to buy ... NOTHING. Now get back to killing the whackos your government created by propaganda on all major american news outlets. You made them mentally sick enough to act violently for reasons that aren't even real. And leave us pioneers who help reduce your operating costs alone. I don't hate you. I just don't care you exist.

I will bump an old topic because I have something I want to be made clear as an American citizen living in a country where you only see world leaders in the news when you watch Bloomberg. I love watching the private sector developers and execs interviewed because they say positive things to help normal people make something of their lives. The other media has the USA in turmoil and because my fellow americans are so TRAUMATIZED to the point they don't know media has made them mentally ill - they say things that I just can't imagine justifiable about people because Party A big brothers it down your throat on one channel and party B does it on the others. I can't relate to my fellow country men. They have so much ignorance from paying attention to what is dictated to them on screens that they forgot the best part of what the WWW started - mass availability to information that you can study to learn about how the world is truly evolving and being developed.

I don't blame anyone for my misfortunes. I don't blame people from acting like bigots or plain stupid in disbelief that there's a movement - privately - from alpha testing no one knew of, to beta, to experimental but main network, over years and years - so much so the channels they watch for big brothers commands on how they should think even tipped them off on this who Bitcoin - rather decentralized p2p distributed ledger and pooled computing power etc revolution taking place.

I feel so sad for these people. This thread is old but I will comment if I damn please because I just HOPE someone reads all the details here from these pseudonym posting Admins and Executives of the world's most important financial instruments, connected technology, security and speedy transactions of data you didn't even know was valued, and for taking our information so as to map us all accurately enough so that when the next Fox News or NBC report comes out to tell the rest of ignorant 1984 America that the system is ready, and even then your adoption will be rewarded and its not too late - then and only then I hope they see threads like this.. hints from pseudonymous geniuses, creators, debuggers, cryptographers, writers, and protocol builders.

I like when you guys express doubt because it is funny to think of you as a small group of people who had the greatest ideas from the beginning, went through the proper phases - changed even subjects back and forth to show some people were in a [Private Alpha], others in [Alpha Testing] and then others in the same boat as the current topic title.

Open Transactions, a platform where data began with different software and differently coded contracts. Features added a long the way, as far as knotwork (MarkM on SourceForge, markm here) goes, the guy has taught me and worked with me to teach me from the ground up almost like a free PhD - and his time is valuable. All that work in the community means maybe I'm the first outsider here to truly value the community. When you guardians of the galaxy and custodians are ready to let these "centralized" platforms merge with other code, software, be used with compatible licenses, and even maybe be bought out by companies with cash on hand - that could give you permission to use the rest of their proprietary software by investing in a minority stake so as the community still controls the voting and no one controls the final product/first merged release that works...

Then and only then I will hope you tell me your real name and we can meet one day to discuss how I can use my time to distribute the wealth you led me to in your expensive time working on these projects. This is the future. It has been from the start. The original website runs on a copy from a friend of TBL who got his WWW software at a demo and did the first chat with TBL from overseas to the UNC at Chapel Hill on the university's comptuer system/servers where he installed the demo (which he got in Houston TX at an event where they wouldn't even let TimBL speak - fastforward to today, people still don't know who Tim Berners-Lee is outside of our small group of nerds and devs/execs in silicon valley and banks worldwide because there's 8 billion people on Earth with no clue how it works). I'm happy he's SPEAKING at Stellar DF Meridian this month. WWW isn't finished, neither are the protocols that got us to this point in the game. There's much to be corrected, just run a Tenebrix batch file and START_MINING. Think Litecoin "LiteCoin" or "litecoin-old" got its USD value by its originality or maybe just maybe it changed its name, copy and pasted code that will later be deemed some sort of planned court conflict and maybe by then the blockchain will be the court system (as Sidhujag of Syscoin, former Devcoin dev, and CEO Blockchain Foundry) just tweeted days ago.

There's counter party for devcoin0.9.2, maybe as a virtual currency that has been allowing BTC to keep all the USD glory while our devs constantly work and keep alive the most ancient and hardend/secure chains by confirmations under one ecosystem like markm (Galactic Milieu and a few integral migrations - some stolen by Poloniex I'm sure) we are missing the point. Maybe the fact most wallets and thus nodes are using Bitcoin software above v 0.9.0 when they enforced a 40 byte limit on arbitrary hash to prevent counterparty from doing smart countracts, 80 byte arbitrary data in output scripts etc to pull off the inevitable scaling this would bring blockchains like Bitcoin first proposed by Open Transactions in its alpha stages in 2011 - we haven't seen the end of alt coins that have not only merge mined with Bitcoin (the network), but since 160000 blocks and an implementation of I0Coin that exists from doublec's commit on nov 30, 2011 where it made i0coin the primary chain in implementing merged mining with at least Namecoin, and Bitcoin - the fact that after 0.8.6 Bitcoin Core rebased off I0coin 0.8.5-1 at the src - other coins like Devcoin that have the same base off I0coin makes Bitcoin's network sucking all the value off the real primary chain in auxpow. You can prune that data from i0Coin to hide its value and keep it running, but one day when that library/disk/storage unleashes the truth you're gonna see the best of all things over the years merged and the correct denominations of each of these projects and their misunderstood "coins" will be valued for all the data stored in private that's been pruned, leaked, etc. And it will also close many of these Open Transactions with finality to where the value locked will be a hell of a DeFi and secure way to do PoS for those of you holding these coins.

What better way to make a secure platform that settles, can't be rewritten or manipulated, stolen worldwide where anyone can start a company, buy a little bit of coin or tokens to pay for their registration of legal virtual companies, stake coins to secure payment processing, and furthermore - far more efficiently so that all the power running through our machines can be used to transact currency but also send tx and power worldwide that runs through our computers and in a way we can justify to pay in the coins we have earned so that companies accept them as payment that generate such power. Not to mention the money that centralized server farms will save by using P2P distributed CPU power to be able to finally shut down their server farms and gain wealth by their IP rather than their services which the communities and their growing numbers will provide because the incentive will finally be realized.

For now, lets bring some zombie projects back. The hours and effort of even knotwork to keep these coins alive - I've joined him. But if Steve Wozniak or Bill Gates was running the only node to keep it alive even though CMC said the coin was inactive and worth jack shit in current terms - don't you think if he privately was using it OTC to invest largely in companies and they accepted it because he's someone who can obviously back it - people would care a shit load less about exchange spot prices where bots are designed to get you to overpay and tx fees are designed to loop back to whoever runs the node so that they hope when human nature kicks in you sell for less (thus losing on the fiat you invested to get to those coins) - that exchange runs the price back up on both sides?

As far as hacks and disappearances of coins go with exchanges. Fun of you to say, but its just not possible. Even 404 errors don't mean PERMENANTLY terminated. But Internet Archives, Wayback Machine tools, Google caching, other alt sites like http://archive.is/ - hell even old COIN DAEMONS, or "nodes" coming back online. They can relay the truth all the IRC relays and spider crawling got to them.

At one point, just wait for RPOW. Finney's machine will come back online /end of Satoshi saga story. Maybe even his alpha RPOW/Bit Torrent implementation from 2004 will mean something. God only knows the peers that seed planted.

Anyway, the documentation + the archives. One day I'll have to see what the mailing lists are up to as this place is but one forum of information.

The internet is growing and growing, hard to keep up. Gotta do my best though. I may not be right about everything - but for a noob 3 years in a lot of common sense leads me to believe you guys don't hint (90%) of the time and then express fake doubt to possibly fud and secure these 'dead' coins and projects the rest for no reason. Maybe one day migration to new platforms won't be necessary because of evolution that takes the best of all places you guys have been. As for your lost and stolen coins they're just running, renamed, and some part of the world you can't access yet or maybe TOR i2P where you haven't met anyone to transact with yet =P

Keep playing the game and win. <3

I got tired of waiting for Open Transactions to finalise their data-formats.

So I have been moving ahead with migration to the HORIZON and STELLAR networks.

See http://makemoney.knotwork.com/ for lists of assets.

Specifically see http://makemoney.knotwork.com/stellar/ and http://makemoney.knotwork.com/horizon/assets/

The tables of asset values are still at http://galaxies.mygamesonline.org/digitalisassets.html and updated periodically.

Most balances have been migrated by now. So now the process of market-making is under way.

So far most posts about these migrations have been on the announce threads of various coins, but probably this thread makes more sense as a place to try to centralise posts about this project.

Users of the various "Sci-Fi themed" coins will hopefully be pleased to hear that several of those coins are in the process of being adopted into this project.

-MarkM-

http://www.opentransactions.org/open-transactions.pdf

Things have been delayed by the fact that the format used for data (contracts, accounts, nyms etc) changed and I did not want to go through a whole hassle of migrating all the data to a new format until the "final" format is decided. A long time ago I was told it would be finalised soon, but that was long enough ago now that I don't think it really qualifies as soon anymore.

That has gone on long enough now that I keep getting tempted to migrate to Horizon (a NXT clone) or BURST (another NXT clone) or something.

But their markets shoehorn their native currency into every trade, that is all trading pairs have to use the native currency as one side of the pair.

One of the really really nice things about Open Transactions is the built-in ability to pair any asset against any asset, either way around and at various scales (granularities).

-MarkM-

There are updates here
https://github.com/Open-Transactions

I wanted to write colored coins might have made it not needed anymore but then I reminded that I do not know a single system that is really easy to use and good for trading. So maybe they gave up for other reasons?

http://opentransactions.org/wiki/index.php?title=Main_Page

weird, www.opentransactions.org redirects to index page here ...

Is there anybody out there working on this?

I would like to join you in alfa testing.
Really cool project 
I've downloaded the pre builds for ubuntu and tryed to run it 

Working on it!

i have interest in this. is there a guide on how to deploy server ?

Also, some servers have the "usage tokens" system enabled, thus will require you to obtain "usage tokens" before you can actually do anything on them.

They really ought even to not let you register a nym until you have first made arrangement to have "usage tokens sitting on the server waiting for precisely that nym to try to register...

Any nyms lurking around that would like some free "usage tokens" ?

The idea behind bitNicKeLs was that they would be used to nickel-and-dime people to death, or at least to squeeze a few nickels out of them, so the plan was that eventually the "usage tokens" on the Digitalis server would be sold for bitNicKeLs, but right now, limited time offer, holiday special and all that, a few people lucky enough to get an Open Transactions client for Christmas and get it up and running can get some free...

-MarkM-

You need to start with the test data. Only when that is working, do we then take the next step.

The password will be 'test'

Then i get this result:


The password i entered was correct.

What happens when you do this:

run_opentxs.bat showmarkets --server wmY1B8o94PFENzqPVK6wLOLvkog9TvA3GDxZuAMGCpW

Good idea. I don't do Windows and have no desire to do Windows.

-MarkM-

When i try that in the shell mode it claims the command is unknown. So i tried it outside but there is only a run_opentxs.bat that starts the shell. There is a file opentxs but thats not executable in windows.

I think ill ask in the OT-Thread... the windows-version-creator is there and maybe knows how to run it.