Check out filecoin, it might offer something interesting in the harddiskcoin space.
http://filecoin.io
http://filecoin.io/filecoin.pdf
https://news.ycombinator.com/item?id=8054571
Topic: rpietila Altcoin Observer - page 158. (Read 387493 times)
Looks much more legit than the Maidsafe scam.
Please explain what you call the Maidsafe scam. I'm not familiar with it.IPO while not product. Still nothing. Just promises.
The IPO was used to pump & dump Mastercoin.
Most investors lost money.
Looks much more legit than the Maidsafe scam.
Please explain what you call the Maidsafe scam. I'm not familiar with it.
As I wrote in another thread, something similar to Storj could easily be built on maidsafe
Looks much more legit than the Maidsafe scam.
BUT...I would not send any penny until I see the final product.
Qora is interesting, but has a few issues: 1) closed source
OK, you can stop right there.
devphp mentioned Qora being on the NXT AE. Why isn't Qora more popular? Seems to be floating along so far not making too much of a splash.
Anyone here own any Qora or have a theory as to why it doesn't seem to be catching on yet? Does it still need more development and features first?
Anyone here own any Qora or have a theory as to why it doesn't seem to be catching on yet? Does it still need more development and features first?
The last time I checked the dev had not got someone to make the GUI look pretty and was still half way through adding all the features he had promised. I'm hoping it catches on when he's finished developing it a bit more. I notice Nas is catching on a bit now the dev has added more features, so maybe Qora will go the same way.
devphp mentioned Qora being on the NXT AE. Why isn't Qora more popular? Seems to be floating along so far not making too much of a splash.
Anyone here own any Qora or have a theory as to why it doesn't seem to be catching on yet? Does it still need more development and features first?
Anyone here own any Qora or have a theory as to why it doesn't seem to be catching on yet? Does it still need more development and features first?
Qora is interesting, but has a few issues: 1) closed source; 2) still has syncing issues and annoying bugs; 3) no demand generating features yet (voting, naming service but those are less important features);
I consider Qora and NEM as backups for NXT. All three are PoS (well, NEM is a variation of PoS - PoI), but Qora and NEM need to run a few months on live net. They may be convenient to have a small stake in in case something fatal happens to NXT.
devphp mentioned Qora being on the NXT AE. Why isn't Qora more popular? Seems to be floating along so far not making too much of a splash.
Anyone here own any Qora or have a theory as to why it doesn't seem to be catching on yet? Does it still need more development and features first?
Anyone here own any Qora or have a theory as to why it doesn't seem to be catching on yet? Does it still need more development and features first?
Plus I'm sure someone could write something that automates the redemption process eventually. I don't know what NXT has in the way of API support going but if it's not at that point yet I'm sure it will be soon. Same goes for XMR.
There is a Multigateway (https://nxtforum.org/nxtservices-releases/), that supports automatic deposits and withdrawals, but only for bitcoin clones (BTC, LTC, Doge and something else). XMR is a different animal, but sure, all APIs are there, just need a coder who would be willing to undertake the job.
As for a manual gateway, you don't have to be a coder, it's easy to set up and operate. One optional but desirable prerequisite would be high reputation on this forum, so people can trust the gateway keeper to process their funds.
EDIT: they just released a multigateway website too.
Announcement:
https://nxtforum.org/index.php?topic=3797.0
Website:
http://multigateway.com/
Does the gateway keeper have to manually send out coins for each sale?
He needs to send only deposits and withdrawals (redemptions of an asset), that's what he charges a fee for, but once deposited - all trades on the exchange are automatic and can go for a long time until someone decides to withdraw. Deposits and withdrawals can have a minimum limit, so he doesn't waste time on very small amounts.
Plus I'm sure someone could write something that automates the redemption process eventually. I don't know what NXT has in the way of API support going but if it's not at that point yet I'm sure it will be soon. Same goes for XMR.
Does the gateway keeper have to manually send out coins for each sale?
He needs to send only deposits and withdrawals (redemptions of an asset), that's what he charges a fee for, but once deposited - all trades on the exchange are automatic and can go for a long time until someone decides to withdraw. Deposits and withdrawals can have a minimum limit, so he doesn't waste time on very small amounts.
Ben Lawsky's comments yesterday really are going to push the anonymous coins to the forefront imo, but I think we all saw that coming.
Strongly suggest reading Eric Voorhees article regarding that here. (Glad this guy has a ton of BTC)
http://moneyandstate.com/reflections-right-privacy-response-nydfs-bitcoin-proposal/
Strongly suggest reading Eric Voorhees article regarding that here. (Glad this guy has a ton of BTC)
http://moneyandstate.com/reflections-right-privacy-response-nydfs-bitcoin-proposal/
Tell him about XMR https://twitter.com/ErikVoorhees
The only exchanges this has no effect on is decentralized exchanges, they could care less.
By the way, there is no XMR<->NXT gateway on NXT AE yet, a profit opportunity for XMR believers.
Surprising. Might be a nice way to make some extra money if XMR keeps growing.
Well, for a gateway keeper there is an opportunity to make money regardless of what the price is doing, the gateway keeper charges 0.5% (arbitrary but reasonable fee) on all deposits and redemptions. The gateway keeper just needs initial supply of XMRs to act as the first market maker, but later other XMR holders would deposit into the gateway to add to liquidity of the asset.
Here is an example of how Qora gateway is set up:
https://nxtforum.org/assets-board/qora-on-nxt-asset-exchange/
Does the gateway keeper have to manually send out coins for each sale?
The only exchanges this has no effect on is decentralized exchanges, they could care less.
By the way, there is no XMR<->NXT gateway on NXT AE yet, a profit opportunity for XMR believers.
Surprising. Might be a nice way to make some extra money if XMR keeps growing.
Well, for a gateway keeper there is an opportunity to make money regardless of what the price is doing, the gateway keeper charges 0.5% (arbitrary but reasonable fee) on all deposits and redemptions. The gateway keeper just needs initial supply of XMRs to act as the first market maker, but later other XMR holders would deposit into the gateway to add to liquidity of the asset.
Here is an example of how Qora gateway is set up:
https://nxtforum.org/assets-board/qora-on-nxt-asset-exchange/
Yeah, I meant more along the lines of growing in volume. I think the asset exchange is an amazing development and one of the defining features of NXT.
I think it's pretty cool that I could go right now and buy a token that represents an oz of silver on there.
The only exchanges this has no effect on is decentralized exchanges, they could care less.
By the way, there is no XMR<->NXT gateway on NXT AE yet, a profit opportunity for XMR believers.
Surprising. Might be a nice way to make some extra money if XMR keeps growing.
Well, for a gateway keeper there is an opportunity to make money regardless of what the price is doing, the gateway keeper charges 0.5% (arbitrary but reasonable fee) on all deposits and redemptions. The gateway keeper just needs initial supply of XMRs to act as the first market maker, but later other XMR holders would deposit into the gateway to add to liquidity of the asset.
Here is an example of how Qora gateway is set up:
https://nxtforum.org/assets-board/qora-on-nxt-asset-exchange/
The only exchanges this has no effect on is decentralized exchanges, they could care less.
By the way, there is no XMR<->NXT gateway on NXT AE yet, a profit opportunity for XMR believers.
Surprising. Might be a nice way to make some extra money if XMR keeps growing.
and lead to increased selling towards lower lows - something which us whales can prevent (but do we want?)
Can we just let anything grow organically? people or manipulators like you are the plague which will prove to be the fall of crypto
Every order on an open book is manipulation. You cannot accumulate XMR without moving the price -- even a dark book would still impact the market, but an open book has more (but different) impact. There is nothing wrong with this kind of manipulation. It is unavoidable.
Manipulation which is tortious (bad manipulation) is stuff like self-dealing, or generally dis-informing the public (either in the market by posting orders which cannot be executed against, or via side-channels, such as press releases about flaws in the protocol).
This is not regulation only for btc but for all "virtual" currencies. It applies not only to btc exchanges but to the alt exchanges as well. Yes this is NYS regulation (for now) but never the less it will have significant and immediate impact far beyond NY.
2-way peg will turn every current blockchain into a sidechain of Bitcoin and vice versa, and will enable totally decentralized trading. It'll be interesting to see what the regulators think of that.
Of course, anyone mining blocks is essentially already acting as a handler of money for a third party mining blocks too. The legacy banking system is really struggling with this.
This is not regulation only for btc but for all "virtual" currencies. It applies not only to btc exchanges but to the alt exchanges as well. Yes this is NYS regulation (for now) but never the less it will have significant and immediate impact far beyond NY.
The only exchanges this has no effect on is decentralized exchanges, they could care less.
By the way, there is no XMR<->NXT gateway on NXT AE yet, a profit opportunity for XMR believers.
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