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Topic: SuperNET updates - page 3. (Read 23745 times)

sr. member
Activity: 396
Merit: 250
November 28, 2014, 07:46:37 PM
#38
Was supernet emblem made by same designer as Monero emblem?

Most SuperNET GFX are made by "ether".
sr. member
Activity: 396
Merit: 250
sr. member
Activity: 396
Merit: 250
November 28, 2014, 07:43:44 PM
#36
SuperNET Newsletter #8

Welcome to the SuperNET.

Link:
http://nxter.org/supernet-newsletter-8/



SuperNET now has one of the most active communities in the cryptosphere, with over 100 people and 10,000 messages on Slack every day. There are something in the region of 2 dozen SuperNET devs - without counting the people carrying out tasks such as project management, running servers, communications, etc.

‘I am becoming smaller and smaller part of SuperNET. Like it has to be’, James writes. Read on.

Topics

    Supernet.org launched
    - Pangea
    Asset dividend sent
    New services and dividends in the pipeline
    - Jay
    - Omnigames
    - Funding Request
    NXT Freemarket
    VRC
    BTCD video
    NXT turned 1 year
    Other coins (integration)
    jl777 nominated for POH award
    Testers wanted
    SuperNET darkweb?
    Development Update
    Press
    SuperNET related links

Supernet.org launched



lootz has coded the site, which has now been launched.

If you are involved in SuperNET in any way, please PM lootz in Slack and let him know what you are doing so he can add your profile to the site. Include a picture you would like to display (and have permission to use) and around 100 words describing your role in SuperNET, plus any other relevant information.

There are many of us working on SuperNET, and it’s great to know who else is contributing!
http://www.supernet.org/index.php/home-of-the-supernet/the-team

Any suggestions to improve the website are highly welcome, it is an open project :-) Please contact lootz or noashh.

Pangea

Pangea is SuperNET's decentralised poker application. It uses provably random numbers and will take advantage of the built-in privacy features of SuperNET. 80% of Pangea’s revenues will be distributed to assetholders.

5000Bitcoins writes: ‘I'll be project lead/business developing/marketing and all things needed for Pangea. I partnered up with jl777, and also valarmg who completes on the things I can't do. To simplify, when I bring the business side, valarmg brings the poker side, in between we meet to create the best product for both the player and the shareholder.

‘I looked for a GUI developer for the project for about a month, good GUI developers are surprisingly hard to find, and finally found Hobofife, who will do the GUI, he started earlier this month.

‘I registered the domain, pangeapoker.net which will be used later, just for downloading the client when released, figured those not accustomed to bct/nxtforums would be more comfortable going there.’

Valarmg adds: ‘I played as an online professional poker player for 6 years to decent success. I'm also an electronic engineer with programming experience and coded the Dividends+ module for NxtServices/SuperNET. I'm going to be coding Pangea Poker.’

This is a strong team and a promising application with a proven market. US regulation means that SuperNET is providing a solution that does not yet exist anywhere else. Updates will be posted to https://nxtforum.org/nxtventures/pangea-poker/ and  twitter.com/PangeaPoker.

Pangea GUI in the works video: http://youtu.be/C1YyatjUp8A

Pangea asset dividend sent

There is a total of 1 million Pangea assets.
At 7.5% for both NXTventure and SuperNET holders, this means there will be:

75000/1000000 = 0.075 Pangea assets per NXTventure asset
75000/816061 = 0.0919 Pangea assets per SuperNET/UNITY asset

A further 50,000 Pangea have been sent into JLH.

Pangea has allocated 20% of revenues to marketing partners.
For SuperNET players, this 20% will flow through Privatebet asset.

The dividend was set to happen after 100 votes in favour of its release had been submitted here: https://nxtforum.org/nxtventures/pangea-poker/

The dividend has now been paid to holders of SuperNET on Nxt Asset Exchange. BTer dividends will follow this week.

Other services and dividends in the pipeline

JAY

Jay (asset 8688289798928624137) is a decentralised plug-in network (see fuller description at https://nxtforum.org/jay-framework/). The potential of this technology is wide-ranging. Possible uses include a plug-in store for downloads, multiwallet and generally allowing crypto to have a lower entry barrier due to avoiding the requirement of downloading blockchains. Monetisation details will be announced in the forum thread.

James writes: ‘Jay will allow people without any software on their system to run the SuperNET GUI and access all coins. I want this to be accessible from SuperNET.org, so it would just have the latest SuperNET GUI directly available from theSuperNET.org website. It wil do local client signing, so they can safely do money tx for any coin connected to the SuperNET, not just core coins!’

This is an important step towards mass adoption. Timing is not certain at this point, but it will need to take place after the v1 GUI is complete as it will modify this. Jones is carrying out the core work on this project and BTCDdev the applications/API. The GUI dev will hopefully be announced soon. Jones writes: ‘The gui may have a few differences from the regular client one on account of being a litewallet, but for the most part, it should have full access to superNET.’

Jay (asset id: 8688289798928624137) will be dividended out as an asset at the usual rate of 7.5% to both NXTventure and SuperNET, with 5% going to JLH. Timing is undecided. For more information, see https://nxtforum.org/nxtventures/jay-decentralized-plugin-network-asset-8688289798928624137/msg132142/

OMNIGAMES

Omnigames (asset id: 7441230892853180965) will develop freemium mobile games that use cryptocurrency for in-game purchases, starting with Bitmark (BTM). The goal is to bring mass market fiat users into crypto and to create popular games that different coin communities can customise.

80% of Omnigames revenues will be distributed to assetholders. 20% of revenues will go to marketing affiliates, with Privatebet handling the SuperNET players for omnigames. https://nxtforum.org/nxtventures/omnigames-asset will have the latest information

Omnigames will follow the standard dividend plan, with 7.5% going to SuperNET assetholders (timing unknown). The project Manager is amarha (aka Este Nuno). We are recruiting mobile app devs for partner level stake.

James comments, ‘The 20% of revenues for the marketing affiliates will flow through Privatebet as that is the gaming umbrella asset. This allows a gaming sector investment that diversifies across the different games whose dividends/revenues will flow through Privatebet. So, if you aren’t sure what type of games will do the best, but want a gaming asset, then Privatebet is the one.’

All in all

James also comments on the effect of SuperNET’s growing community of developers and contributors, and the projects they are bringing to the SuperNET: ‘I estimate the marketcap of the three assets will be around 100 million NXT and SuperNET has 40% of this. The amazing thing is that at the rate the SuperNET team is growing, it might be possible to do this reasonably often. People outside slack probably don't understand the impact (and math) of this sort of thing. 40% of 100 million = 40 million NXT / 816K = ~50 NXT asset NAV increase, assuming the 100 million total is achieved. Since, even during bear market the assets like Atomic, neoDICE and Freemarket are in the 25 range, the 100 million estimate is not unrealistic at all.’

[Funding Request]

250000 NXT has been requested for seed funding for Omnigames and 1,000 SuperNET assets as a bounty for l8orre to complete the SuperNET test suite. A further 10 BTC has been requested to obtain a stake in a new coin, to be disclosed at a later data. For more information, see https://nxtforum.org/unity/supernet-funds-request-authorization-thread-official/

NXT Freemarket

Nxt & SuperNET’s decentralised marketplace continues to attract interest, and now btcddev has built a lite web version of the market. You can browse, buy and sell items directly from https://freemarketlite.com.

No client, no blockchain download. No Nxt Wallet needed. Open your browser and go to freemarketlite.com, that’s it. You still need NXT in an account to buy something of course.

Developer poofknuckle is working on a variable pricing function: ‘Let's say you want to get the equivalent of USD $20 for an item. So, you specify that, and when the UI displays a price in NXT, it gets the exchange rate and displays the right amount of NXT. And it does it again when you click through to buy.’

The full version of NXT Freemarket can be downloaded here: http://nxtfreemarket.com/

VRC

A new wallet has been released for VRC. Users just need to import their wallet.dat file. There are further instructions on the forums: http://www.vericoin.info. VRC will be the currency used for billing and paying for cloud storage.

James will be adding autoconversion between the SuperNET core currencies (and BTC). The SuperNET will act like a mining pool as the revshare will be converted to VRC.

BTCD

A short promotional film for BTCD has been created:
http://vimeo.com/108150786

The Nxt blockchain turned 1

24th November was NXT’s first birthday!

http://vimeo.com/93300399

Read more here: http://nxter.org/nxt-your-first-birthday/

Nxt.org has therefore been completely updated by Nxt Organization, and Nxter.org will run a campaign over the next weeks, with a new article series about Nxt CORE use cases, a realunch of the famous NXT Newsletter, and a 1000 NXTP give-away to randomly picked Nxt Newsletter subscribers. NXTP’s are netprofit shares given to all contributors to NXTER.ORG.

Congratulations, everyone involved in the NXT community, which does mean all of us, right. Smiley

Other Coins (integration)

A ‘passthru’ API call has been added to allow non-SuperNET core coins to access the features of SuperNET. This adds enormous versatility to SuperNET, in that any coin community can now customise it and use it for their own coin, if they wish.

James writes, ‘If there are specific functions that you want to make into SuperNET API, you can code it up and I can merge it in. In SuperNET.conf, the "coins" array describes how to interface to a coin's daemon and there is a bitcoind_RPC function that invokes it via RPC, so within SuperNET you can call your daemon and encapsulate this in the SuperNET JSON API. Once your coin/service has an API, then with an HTML5/Javascript panel in the SuperNET GUI, all users of SuperNET will have direct (and easy) GUI access.

‘Just like we enhance the NXT GUI into SuperNET, any coin can enhance the SuperNET reference with their own features. Assuming it is a cool feature then SuperNET would be wanting to make it part of the reference release.

‘I think with a "passthru" API that sends the JSON to a coin daemon (even remote), it will simplify coins connecting up to SuperNET. They can update (or fork reference SuperNET GUI) and enhance the SuperNET with their coin's features. Only their community would have all the code needed to use their coin's functions. For the ones that have functionality that we want in the core, it then becomes a matter of merging the code and putting it into the reference implementation.’

‘Almost have the remote working. conceptually anyway. in the SuperNET.conf, there will be a "remote":[] array, both at the highest level and within each coin entry. if a method is in a remote array (global or coin specific), then remote requests will be accepted and the result sent back to the one that initiated the remote call. this is the mechanism that allows any coin access to any other coin's RPC, even if they are not running that coin locally.’

jl777 nominated for a 2014 Proof Of Honour award

James has been nominated for Coins Source Proof Of Honour award for his work on SuperNET. evok3d writes: ‘Congratulations jl777 and community, you have made it to the voting round. Your work to unite coins and in turn create something fully decentralizes has been inspiring to follow. Hope this can bring more communities together.’

See the Nomination Thread at https://bitcointalksearch.org/topic/m.9604806

QT Testers wanted

Bassguitarman is making a SuperNET enhanced bitcoin-qt client:
https://github.com/supernet-qt/bitcoin

Testers are needed. Contact bassguitarman on Slack or in SuperNET forum.

SuperNET darkweb?

James has added support for saving simple webpages to the cloud. This builds on existing functionality and enables encrypted files to be distributed across the SuperNET network and restored on an M-of-N basis (see basic documentation at https://forum.thesupernet.org/index.php?topic=264.0). Once published to the cloud, a 64-bit value is returned and the page can be viewed in a regular browser from http://127.0.0.1:7778/<64-bit value>

This is currently at proof-of-concept stage. As it stands, this offers limited functionality compared to the regular web, but is an intriguing step towards creating a SuperNET web. As James suggests, ‘probably low bandwidth streaming might even be possible.’ As more developers come on board, they will likely build on this idea and create new and exciting applications with it.

Development Update

James:

### I am currently waiting on some tech from others before I can proceed debugging most effectively. So rather than be inefficiently debugging, I figured I would cleanup the MGW codebase and while doing that I thought I might as well integrate it into SuperNET API.

I got the deposit side coded and mostly debugged already, but the withdraw is always toughest…
Anyway, the MGW maintains what is very much like the private blockchains that the peer to peer Teleport needs, and I plan to leverage this code for InstantDEX order clearing also. I estimate that after the SuperNET API gets the MGW functions, the MGW servers will take less than 1000 lines of code. It will also allow anyone to setup their own multisig addresses for whatever they want to use it for, eg. escrow.

A bit unexpected to be doing this now, but turns out it will solve some of the pesky accounting things that needed to be done eventually, so that explains the big drop in github activity. Coding locally as it is a lot of code to be moving around and it is in an intermediate non-working state now.
###


Press

SuperNET and its component services are starting to draw more attention from the crypto community.

MGW /
http://bitcoinmagazine.com/18567/multigateway-the-first-decentralized-crypto-currency-exchange/

Atomic /
http://cointelegraph.com/news/112812/atomic-a-decentralized-ledger-for-all-blockchain-based-technology

Freemarket /
http://bitcoinmagazine.com/18441/decentralized-markets-kills-e-commerce-stars-nxt-freemarket-1/

SuperNET related links

Supernet Forum
https://forum.thesupernet.org

News

Newsletter signup
http://supernetwrk.weebly.com/newsletter.html

https://twitter.com/Jl777News
http://jl777news.tumblr.com/
https://www.facebook.com/jl777official

SuperNET Daily
http://paper.li/SuperNETorg/1416164861

SuperNET Newsletters archive
http://nxter.org/category/supernet-newsletters/

SuperNET CORE coins

NXT
http://nxt.org

BTCD
http://bitcoindark.pw

BBR
http://boolberry.com

VRC
http://www.vericoin.info

CHA
http://chancecoin.com

SuperNET related projects

BITS (SuperNET CORE component!)
https://bitcointalksearch.org/topic/annbitsbitstar-now-on-cryptopia-nova-and-yobit-new-wallet-fork-in-testing-748045

Coinomat
https://coinomat.com

Neodice
https://nxtforum.org/nxtventures/(pre-ann)-neodice/

Freemarket
https://nxtforum.org/nxtventures/freemarket-official-thread/

ATOMIC
https://bitcointalksearch.org/topic/ann-atomic-in-supernet-core-single-blockchain-for-trading-all-coinsassets-780833

Pangea
https://nxtforum.org/nxtventures/pangea-poker/

Jay
https://nxtforum.org/nxtventures/jay-decentralized-plugin-network-asset-8688289798928624137/

Omnigames
https://nxtforum.org/nxtventures/omnigames-asset/

SNN
https://forum.thesupernet.org/index.php?topic=118.0

ShortUNITY
https://nxtforum.org/assets-board/shortunity/

Prediction Markets

https://www.fairlay.com/predict/registered/new/supernet-in-top-10-of-coinmarketcap/
https://www.fairlay.com/predict/registered/new/supernet-in-top-5-of-coinmarketcap-before-2016/

Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org

And a little something…  Smiley
http://youtu.be/GMSibDjc5Ew
sr. member
Activity: 421
Merit: 250
November 21, 2014, 10:54:28 AM
#35
It's really interesting to follow your project. Thanks for your information.
legendary
Activity: 817
Merit: 1000
November 20, 2014, 10:46:43 AM
#34
Supernet is lead by JL777, right? Anyone saw this topic https://bitcointalk.org/index.php?topic=806495.340 ?

Do your own research on who bluemeanie really is.
full member
Activity: 154
Merit: 100
November 20, 2014, 10:44:58 AM
#33
Supernet is lead by JL777, right? Anyone saw this topic https://bitcointalk.org/index.php?topic=806495.340 ?
legendary
Activity: 2730
Merit: 1288
November 20, 2014, 10:17:03 AM
#32
Was supernet emblem made by same designer as Monero emblem?
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
November 19, 2014, 10:24:42 PM
#31
Thank you.
sr. member
Activity: 396
Merit: 250
November 19, 2014, 09:34:53 PM
#30
Any solid 20 till 50 lines description of SuperNET?

SuperNET is a new initiative designed to:

  • Unite disparate cryptocurrencies by fostering collaboration
  • Reward innovation, talent and active coin communities
  • Share resulting benefits with CORE members and extend advantages to all cryptocurrencies
  • Bring value to long-term SuperNET participants

SuperNET will bring together a number of promising cryptocurrencies with strong tech. These CORE currencies will be able to use each others’ features through a combined wallet (based on the NXT wallet).

The price of SuperNET will be backed by its underlying cryptocurrencies.  This means the price is protected from falls as holders are unlikely to sell it for less than the value of these underlying currencies.

Several additional revenue-generating services will be included in SuperNET, from targeted advertising and transaction fees from anonymity protocols to betting revenues and trading gains. Any revenues raised will be used to reward SuperNET holders, strengthen CORE coin communities by investing in development, and make improvements to other key areas of the cryptocurrency ecosystem.

SuperNET is not a cryptocurrency and does not intend to replace any cryptocurrency, including Bitcoin. As the name UNITY suggests, the philosophy of SuperNET is that cryptocurrency will be stronger if we pool resources and share strong tech, instead of assuming the same zero-sum mentality carried over from parts of the fiat economy. Clones and coins that do not offer unique features will not be included in the SuperNET CORE.
sr. member
Activity: 396
Merit: 250
November 19, 2014, 09:22:04 PM
#29
SuperNET Newsletter #7 in Chinese
https://forum.thesupernet.org/index.php?topic=265.0
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
November 19, 2014, 12:23:55 AM
#28
Any solid 20 till 50 lines description of SuperNET?
legendary
Activity: 826
Merit: 1002
amarha
November 18, 2014, 02:54:35 PM
#27
Looking good. Thanks.
sr. member
Activity: 321
Merit: 250
November 18, 2014, 07:31:15 AM
#26
thank you for the update.
hero member
Activity: 493
Merit: 500
November 17, 2014, 09:38:18 PM
#25
coming along nicely Smiley
sr. member
Activity: 396
Merit: 250
November 17, 2014, 05:34:20 PM
#24
Thanks a lot for your comments. Here we go again Smiley



Link:
http://eepurl.com/8zDkn or
http://nxter.org/supernet-newsletter-7/

SuperNET Newsletter #7

Welcome to the SuperNET. A SuperNET alpha client release v0, the SuperNET v1 team defining the next and official release, NXT Freemarket update, MGW production servers running, a decentralised poker project coming together, and 100+ supporters and programmers active in Slack - it’s time for another update!

Topics

    SuperNET client v0
    Multigateway
    How MGW works
    Coinomat
    Freemarket update
    SuperNET Tech Tree
    InstantDEX
    SNN
    More about BTCD
    - Where's Wally?
    - STASH
    Development Update
    SuperNET code review
    SuperNET related links

SuperNET client v0

A preliminary SuperNET client (v0) has been released. This is an enhanced NXT wallet that includes the Multigateway, so can replace the standard NXT wallet with no loss of functionality. v0 is a standalone software: just install once and enjoy the combined features of Nxt and SuperNET.

Current features include the NXT client, Multigateway, Coinomat exchange, Dividend capability and Voting. v0 is the first raw version of the SuperNET client. Further features like BTCD teleport, neoDICE, CHA’s casino and so on, will all go inside this package, so it’s essentially a NXT client release with SuperNET-related functionality.

All NXT’s 2.0 features, like the Asset Exchange, encrypted messaging, the Alias System and Nxt Marketplace, are also available from within the client. To download the SuperNET v0 client, go to https://forum.thesupernet.org/index.php?topic=247.0
Screenshots: http://imgur.com/a/bljE4#0

Further features will likely be added in a rolling release until the ‘official’ SuperNET v1 client is launched, around Christmas.

Multigateway

The Multigateway’s production servers passed testing and are now live! The MGW UI is integrated in the preliminary (‘v0’) version of the SuperNET client. Please do download it and take a look at what it can do - it’s a sample of SuperNET’s coming capabilities.

The Multigateway (MGW) is NXT’s distributed cryptocurrency exchange platform. It enables users to send coins to the MGW’s secure servers, in return for coin tokens that can be traded against NXT on the Asset Exchange. The coins are kept in multi-sig addresses, whilst the NXT assets representing other coins (mgwBTC, mgwLTC, etc) are stored on the blockchain. Three servers operate for each coins, enabling trustless crypto-to-crypto transactions.

There are currently six different operators in Multigateway, as different coins are housed on dedicated and hardened servers run by different parties. As further coins are added, more server clusters will be required.

MGW Cluster #0: Frohike, Abuelau (MyNXT), Coinomat (BTC)
MGW Cluster #1: marcus03, Cobaltskky, jefdiesel (DOGE, BC, VIA)

James will keep a seventh development server online for as long as Multigateway users move to SuperNET UI and production servers.

For more information and a download link, see the SuperNET v0 installation guide:
https://multigateway.org/user-guide/installing-the-software/

How MGW works



MGW creates a unique deposit address for your account, for each of the supported coins. When you send coins to that deposit address, MGW will deliver the same quantity of coin assets to your NXT account (for example, 1 BTC will become 1 mgwBTC asset).

All the MGW deposits are held in multisignature accounts matching all the released assets 1:1 - there is no fractional reserve here! Coin assets can now be traded in the NXT Asset Exchange like any other asset .You can buy them with NXT, sell them for NXT and send them to any other NXT user with the fast speed of the NXT network. MGW allows you to withdraw your coin assets back into your corresponding coin wallet, with the lowest withdrawal fee in the market – equivalent to the minimum transaction fee for the coin.

What are the advantages?

MGW is significantly more secure than a centralised exchange, with no single point of failure. It is also far more cost-effective to use.

In a multisignature account, the same address has several associated private keys or signatures. This means the servers have to agree, each of them providing their signature, in order to process the coin transactions – in a similar way to a joint bank account. The use of multisignature accounts and independent servers makes MGW more secure than any traditional centralised exchange account.

IMPORTANT NOTICE TO EXISTING MGW USERS

The production servers use a new asset ID for mgwBTC. Existing owners of mgwBTC need to swap their old assets by sending them to a special redeem account. This will automatically send back the same amount of the new mgwBTC asset.

mgwBTC redeem Nxt account: NXT-6YQW-HHCG-NATW-DCHJ3
Production mgwBTC asset ID: 17554243582654188572


The old mgwBTC asset (4551058913252105307) can of course still be traded in the existing market in the Asset Exchange, and users running a previous version of the software will be able to withdraw these through the old servers for some time. However, we recommend you update your assets for a greater stability and growing activity in the service.
 
Coinomat

Another SuperNET CORE service which has been integrated in the preliminary SuperNET v0 client is the Coinomat tab. It enables you to exchange your Bitcoins directly in the client.



With the SuperNET v0 client running, you can also trade assets on the Nxt asset exchange. Coinomat offers CoinoUSD (asset ID 12982485703607823902, a USD-tied asset. 1 CoinoUSD always holds the value of $1. It’s traded against NXT on the asset exchange, thus creating the first NXT/USD decentralized market, it can be traded for BTC/NXT/XMR on the centralized exchange Poloniex, and you can buy and sell it using Coinomat services.

CoinoUSD can be withdrawn to Perfect Money, EgoPay, OKPay - or VISA / Mastercard.
Read more about the use cases here: http://blog.coinomat.com/coinousd-usd-on-blockchain/

Freemarket

A new version of NXT Freemarket is ready for download at http://nxtfreemarket.com/

NXTFreeMarket is NXT’s decentralised market place - a little like eBay, but with super-low fees (no fees until 2015, and then only 7.77 NXT per listing). It’s also getting some great press: There’s a podcast from Free Talk Live http://www.freetalklive.com/content/podcast_2014_11_10 and this one from CoinTelegraph: http://cointelegraph.com/news/112883/dear-online-drug-buyers-your-problems-are-solved

FreeMarket’s complete list of new features includes:

    A standalone version (no more messy install!)
    Seller ID in item listings is now a link to see all items from that seller
    Passphrase fields now integrate with password managers such as 1Password and LastPass
    Image Preview: See if you have the right URLs for your images before listing your item!
    More built-in help
    Tightened security
    Improved Chinese localization
    New localizations: German, Spanish, Lithuanian, French, Japanese, Greek, Hebrew, Italian
    Various bug fixes
    One-click re-listing of expired or canceled items

SuperNET Tech Tree

Work has just started, but here’s a taster of what’s cooking: ThomasVeil’s interactive “tech tree”. This will provide an overview of how SuperNET, its services, coins and dividends to its asset holders works.



InstantDEX

InstantDEX is a core service for SuperNET. It will allow near-realtime exchange of one cryptocurrency to another. This will have huge implications for trading, since delays will be reduced to near zero.

A further tool to help manage the InstantDEX order book in the future will be tradebots. These will be user-programmable and will run on the user’s node, customisable for the individual’s needs. One use case might be the conversion of dividends from one currency into another; a tradebot could be set to carry out the exchange at a target price. All of the functionality will take place in the background, making it extremely convenient for the end user.

Naturally this raises issues of liquidity between different coin pairs; obviously users do not want to have to pay for large spreads. James writes, ‘I plan to create 1% spreads between all the SuperNET core coins in native and telepod form and mgwCOIN form, so you can go from one to the other to the other, and the tradebots can be programmed to suit your goals.’

On the technical side of how this will work, James writes:

###
I had to figure out how to index into DB with duplicates properly, and also add in special cases to the DHT to support InstantDEX orderbooks.

The method is as follows:

A. an orderbook bid or ask is submitted using the standard DHT store and this is processed normally.

B. as this is processed, various nodes do a localstore into the public.db on their HDD. When this is done, the raw data is checked to see if it is an InstantDEX quote and if it is, an automatic update is triggered.

This update allows one bid and one ask per account, which has the effect of preventing the orderbook stuffing.

At this point, the node that is closest to the key value of (baseid ^ relid) will have an up to date orderbook and the normal orderbook function should display it properly.

Of course, this does no good for most all people, so we also need to support returning the full orderbook via DHT findvalue call. The problem is that there is no automatic way to know if a key value is for an InstantDEX orderbook. So, using a similar method to overloading the findnode command with a datastr, I added a datastr to find value.

This would just be the "orderbook" API command, which needed to have an "oldest" field added. what that allows is for the nodes that have data to send back to filter it so only the new data is sent.

When this is all debugged, all nodes will be able to get an up to date orderbook as quickly as a DHT command can be processed. Now, even if this is taking 10+ seconds, odds are that the same accounts are having the best offers and really that is the most important as the exact trade matching is done peer to peer.
###


InstantDEX is an absolutely critical part of making crypto frictionless for the end user, so it is extremely encouraging to see the progress being made here.

SNN

The SuperNET News Network is coming together, with the backend currently in active development. When it is finished, it will allow for multi-tiered management - one senior writer will be able to manage multiple junior writers. This means that one Editor in Chief can manage a whole staff in a streamlined, automated way.



In the meantime, writes fumanchu88, ‘SNN will be more akin to a standard news platform but with a backend that makes management and payroll open and transparent.’ Features will include:

    Automated payroll based on social weight of each article
    Tiered management (posts are sent to an editor for clearance once when ready to publish)
    Automated Advertising Intake (advertisers can sign up without previous contact)

Payment is always tied to the site’s earnings in the relevant pay period, so there are strong incentives for everyone to promote the site and work together. Contributors will not have to pay to post content; they will simply post their articles, promote them as best they can and interact with comments, where appropriate. The system will do all the weighing, with payout once a week. Regular writers will therefore receive regular pay in NXT and/or BTC.

More about BTCD

Last week we took a closer look at NXT, one of the core coins for the SuperNET. NXT offers versatile 2.0 functionality, and many of the SuperNET’s features are built on top of NXT. But the SuperNET equally could not exist without BTCD.

BTCD provides the secure network that will enable private communication, anonymous transactions and much else besides. BTCD’s infrastructure is a peer-to-peer network similar in principle to file-sharing networks such as BitTorrent (in fact, secure file-sharing will be one of the future revenue-generating applications of the BTCD network, since it enables users to rent out spare hard drive space for others to use).

BTCD’s Telepathy protocol (you can read more about how Telepathy works here) offers privacy advantages over and above anything else currently on the market. All communications are end-to-end encrypted, so that no one else can read them. However, the real step-change in privacy is the use of deaddrop addresses for secure communication. In other peer-to-peer networks, nodes send packets to each other, which requires them to know the IP address of the recipient. This constitutes a leak of information, and a well-resourced attacker would be able to tell who was communicating with whom - which could be as important as what they were communicating. Deaddrop addresses are owned by no node, and so the packet is never ‘delivered’ to this recipient. As it is being routed, though, it is handled by many different nodes - but it can only be read by the node for which it has been encrypted. This is a little like being able to send an email without anyone (including the sender) knowing the address of the recipient.

BTCD wallet

A new BTCD wallet based on the NXT-Inside concept is currently in the works. As well as being user-friendly, this approach will allow stakers to be paid dividends from SuperNET (James offered stakers dividend payments from InstantDEX before developing SuperNET). To preserve privacy and ensure payments cannot be linked to other accounts, dividends will be converted to BTCD before distribution - placing a gentle, constant upward pressure on prices.

Where’s Wally?

During the recent sell-off of the alts, questions were raised about why BTCD prices were dropping so much despite the tech being developed. This was partly due to one of the original large holders from the mining stage cashing out their stake. Since then, a bot has been detected, manipulating the BTCD market. This bot is active on many different alts, but since BTCD is comparatively thinly-traded, it has had a greater effect. James writes:

###
There is a bot that is ACTIVELY manipulating the price, quite effectively too. If you look at the price on bitcoinwisdom, you will see that there is a pretty even spread of asks all bunched together, within 10 satoshis!

About 5 BTC. This makes a barrier and also crowds out the orderbook so you can’t see what is really going on. It is also changing things several times per second to create the impression of a lot of activity. What it does is pushes the price down by clearing out small bids and making lower and lower asks.

Earlier there was about 10 BTC in 30+ orders around .0049 and 3 BTC between that and .008

So, there is no investor panic going on. It is just one guy running a bot. And he is doing this on many different coins.

His game is this.

Have the bot on bittrex and cryptsy, but run just one of them at a time. Create some FUD, push the price down on one (easier to create fear, especially in a bear market), then as people get convinced everybody is selling, they start selling. Remember this is just happening on one market. So soon the sell price on one exchange is lower than the buy price on the other exchange where the bot is idle. Guaranteed profits! Then the bots switch.

So first one exchange price is pushed down, arbitraged, then the other. Doing this it creates these mysterious price declines as we are making such good progress. All the way down to .005! But there was really very little for sale below .008 as this operation is being done on dozens of coins, so only so much budget per coin.

Now this bot is not caring about price at all. Whatever the price is, it just picks the exchange with the lower price, pushes it down until it can arbitrage. The arbitraging evens the price out and then the pushing starts again. Now this bot stays away from even a 1 BTC wall from what I have seen and certainly anything larger it stays about 10% away from. However if there is no big wall, it happily starts pushing the price down, even filling some orders if they are small enough.

These bots are probably on autopilot, so that means a clever person will be able to trick the bot.
###


Stash: Mass-market BTCD application

Cryptocurrency offers significant advantages over fiat money, but adoption has been slow in comparison to expectations. Part of the reason for this is that cryptocurrency is still too complicated for general use (something that the SuperNET GUI aims to address). However, many people are not really dissatisfied with the service provided by banks and payment processors; crypto is consequently seen as an ‘answer without a problem’.

BTCD’s secure communication capabilities offer the chance to market it in a different way. Most marketing initiatives start in crypto and reach out to mainstream users, with a limited degree of success. The Telepathy network has direct and immediate application to the mainstream. Every week there are more stories of hacked databases, large-scale harvesting of personal data by big corporations, and ever-more intrusive government surveillance. The majority of internet users recognise that their data can no longer be considered their own: everyone has an online footprint, and with the right tools this is almost as transparent as the blockchain.

The Stash concept aims to apply BTCD and SuperNET’s functionality to these problems. A series of related services might be offered to users, including private messaging and secure storage on the SuperNET network. If customers wanted to purchase further services (more storage, for example), they would have to do so using cryptocurrency. The transaction would be made as frictionless as possible using SuperNET’s integrated Coinomat plugin or other services. The Stash wallet would essentially be a highly-simplified BTCD/SuperNET wallet, offering minimal functionality.

The concept is still in its early days but has the potential to draw in a large number of new users from outside of current crypto circles. At the very least, this would strengthen the network and provide many more peers. In the best case scenario, a proportion of these new users would learn about and use cryptocurrency, starting with BTCD and SuperNET.

You can see a holding page at http://www.stash.xyz. For more information or to offer help and expertise, please ask on the Slack channels.

Development Update

Things are coming together fast with the v0 release, and more on the way soon. James writes:

‘I have most all of the API needed for v1 released coded and now entering the painful systems debugging stage. The nature of the work changes now to making bugfixes instead of writing new code and just getting everything to work at the same time, along with performance improvements.

‘Still need more testers, but I am acting as the first tester since I rely on the API calls to get the basic functions working. Not sure which will finish first, my debugging or the GUI and websites, but probably pretty close race.

‘The telepathy is not 100% reliable, but it is working most of the time when you are nice to it. Got things a lot more stable at the low level and that allowed a couple of BTC teleports, but this exposed some state machine bugs. Not surprising as it is quite tricky and first time the entire process is being tested all at the same time.

‘Need to think about how best to integrate the InstantDEX with Teleport. I keep alternating days, working on one, then the other, pushing them closer and closer. One of these days I will be able to get them both playing nice with each other.

‘Pushed new version that supports gathering prices into databases and also retrieving this data. bter, poloniex, bittrex, NXT AE and even mintpal [mintpal has been removed until further notice because of this unfortunate situation] is supported.’

The code to test this is:

curl -k --data-binary '{"jsonrpc": "1.0", "id":"curltest", "method": "SuperNET", "params": ["{\"requestType\":\"getquotes\",\"exchange\":\"bter\",\"base\":\"NXT\",\"rel\":\"BTC\"}"]  }' -H 'content-type: text/plain;' https://127.0.0.1:7777/

curl -k --data-binary '{"jsonrpc": "1.0", "id":"curltest", "method": "SuperNET", "params": ["{\"requestType\":\"pricedb\",\"exchange\":\"nxtae\",\"base\":\"BTC\",\"rel\":\"NXT\"}"]  }' -H 'content-type: text/plain;' https://127.0.0.1:7777/

‘Now each user can gather data for the crypto they are interested in and this creates the reference prices to overlay on the InstantDEX orderbook. took a bit longer than I had hoped to get it stabilized as I had to serialize all accesses and avoid deadlocks. Systems stuff is quite tricky and feels like not much progress, but now at 2% CPU usage, it is able to handle all the packets and gather price data.’

Code review

Bitcoin privacy and security expert Kristov Atlas currently undertaking a code review of SuperNET. As James comments, ‘With nearly 40,000 lines, there will be bugs and parts of it I don’t like at all...’

Meanwhile Zahlen has started to analyse the maths and will add material further to the white paper in due course.

SuperNET related links

Supernet Forum
https://forum.thesupernet.org

SuperNET news

Newsletter signup
http://supernetwrk.weebly.com/newsletter.html

https://twitter.com/Jl777News
http://jl777news.tumblr.com/
https://www.facebook.com/jl777official

SuperNET Newsletters archive
http://nxter.org/category/supernet-newsletters/

SuperNET CORE coins

NXT
http://nxt.org

BTCD
http://bitcoindark.pw

BBR
http://boolberry.com

VRC
http://www.vericoin.info

CHA
http://chancecoin.com

SuperNET related projects

BITS (SuperNET CORE component!)
https://bitcointalksearch.org/topic/annbitsbitstar-now-on-cryptopia-nova-and-yobit-new-wallet-fork-in-testing-748045

Coinomat
https://coinomat.com

SNN
https://forum.thesupernet.org/index.php?topic=118.0

Neodice
https://nxtforum.org/nxtventures/(pre-ann)-neodice/

Freemarket
https://nxtforum.org/nxtventures/freemarket-official-thread/

ATOMIC
https://bitcointalksearch.org/topic/ann-atomic-in-supernet-core-single-blockchain-for-trading-all-coinsassets-780833

ShortUNITY
https://nxtforum.org/assets-board/shortunity/

Prediction Markets

https://www.fairlay.com/predict/registered/new/supernet-in-top-10-of-coinmarketcap/
https://www.fairlay.com/predict/registered/new/supernet-in-top-5-of-coinmarketcap-before-2016/

Affiliated websites (revenue sharing or partial ownership)

http://bter.com
http://coinomat.com
http://nxtfreemarket.com
http://yourwebsitecanbehere.com

Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org
sr. member
Activity: 321
Merit: 250
November 13, 2014, 07:44:44 PM
#23
Wow amazing information, I had to read them all. neoDice sounds like a great investment, I will check out the new website tonight when I get home. Great newsletter !!! I never even thought to look for newsletters for crypto information, great job

+1

what a bomb.
sr. member
Activity: 477
Merit: 501
November 13, 2014, 06:59:44 PM
#22
Wow amazing information, I had to read them all. neoDice sounds like a great investment, I will check out the new website tonight when I get home. Great newsletter !!! I never even thought to look for newsletters for crypto information, great job
legendary
Activity: 826
Merit: 1002
amarha
November 13, 2014, 01:31:57 PM
#21
Another great news letter. Thanks apenzl. Smiley
sr. member
Activity: 396
Merit: 250
November 08, 2014, 10:07:53 AM
#20
SuperNET Newsletter #6

Welcome to the SuperNET newsletter!

Chinese

In this edition, we’ll be digging a little more into Nxt, as well as some of the assets that James gave to SuperNET. These assets were previously mentioned (SuperNET Newsletter #3), though not explained in detail. There are also some new announcements and developments, as always.

Topics
    Market
    neoDICE
    MGW
    NXT Freemarket
    NXTweb vs CoinEvolve
    SuperNET assets explanation
    SuperNET CORE: NXT
    Development update
    SuperNET demo
    Telepathy whitepaper
    Your Supernet needs you!
    SuperNET related links

Market

Despite the recent bear market in Bitcoin, which has badly affected the alts, SuperNET/UNITY price is still within 15 percent of the ICO price - probably one of the best performances over the last month, considering how much everything has lost. James writes,

‘Remember that SuperNET is spending 1% on things like all this development, not 100%, so ignoring market fluctuations, the NAV will remain. The revenue projections are quite difficult to make and I priced it at 0 due to this. Long term, with a big user base, then of course the revenues will be quite significant, but this requires a lot of work, progress and most importantly cooperation among all the coins.’

‘With SuperNET, we have financial ties with the core coins and this will be needed to ensure continued cooperation, especially if we are in a prolonged bear market. What is easy to join, is easy to unjoin and I much rather have few coins with long term commitment to build upon. Only the coins that want to be featured in the SuperNET GUI and getting the cross promotion and technical integration, need to let us buy 10%. If they just want to use the SuperNET services, any coin can do this. Coins without redeeming features wont benefit from being part of SuperNET as nobody will use them.’

neoDICE

NeoDICE is ready for public beta testing within a few days!
 
NeoDICE was the first asset dividend to be paid to SuperNET holders. NeoDICE is a fair betting game that runs on the NXT blockchain. It is based on the immensely popular satoshiDice, though with a few differences - the most important one being that neoDICE processes unconfirmed transactions, making gameplay near instantaneous.

NeoDICE does not require any additional registration or authentication than a NXT account number. To determine winning or losing bets, it calculates the SHA-3 hash of a combination of the transaction ID and a daily secret (a number unknown to the player). The previous day's secret as well as the hash of the current day's secret are published, providing for an easy way to verify the outcomes of wagers: everything is visible in the blockchain.

NeoDICE is based upon know-how from NXT’s Come-from-Beyond, but is being actively coded by several developers represented by hash. Come-from-Beyond and jl777 are project consultants.

100% of neoDICE revenues will be distributed to assetholders. This indirectly includes SuperNET, so UNITY holders will receive dividends from neoDICE. It will initially be playable as a NXT client plugin, and will later be included in the SuperNET GUI. Finally, it will also be released on a standalone neoDICE website, allowing gameplay without a NXT client. ETA is December 2014.

NeoDICE is traded on Nxt AE (asset ID 18184274154437352348) if you want to load up before launch.

MGW

The Multigateway (asset ID 10524562908394749924), NXT’s distributed exchange, has previously been running on James’ servers. This is about to come to an end with the move to production servers.

VanBreuk writes, ‘The Multigateway production servers are working and they will be open to users as soon as stress test cases are finished and a new GUI is available. We have made the first BTC deposits and withdrawals. Processing time has been 45-60 minutes in both cases. So we hope these times around the hour mark will be the norm. Almost ready…’

The Multigateway will provide a key part of SuperNET’s functionality, since - in conjunction with InstantDEX - it will deal with all the automatic exchanges from one currency to another.

NXT Freemarket

NXT Freemarket (asset ID 134138275353332190) is a decentralised online marketplace that enables free, global, private trade of any goods and services, with low fees and no interference.

FreeMarket lives on the NXT blockchain, so there is no single point of failure. It is resistant to attack by anyone who would deny you your right to trade peacefully. FreeMarket automatically encrypts messages between buyer and seller, keeping your information private. No IP addresses are logged anywhere. Payments via NXT are built right in. No need to leave the app to send a payment, no need for PayPal or another third-party payment processor who has your private data.

NXT Freemarket has been in BETA since mid September, so it has been in the wild and tested. The developers have announced that they have an update scheduled on 9th of November. After this release, the promoting of FreeMarket starts.

20% of FreeMarket listing fees (7.77 NXT per listed item from 2015) will go to SuperNET.

NXTweb vs CoinEvolve

You may remember this arbitrary message (txID 6374368705651792002):

25.09.2014 02:13:04:
### All agreements between SuperNET and coinevolve are hereby terminated due to abandonment by Chris Sommers.

James
###


Even though there was never a direct partnership between SuperNET and the abandoned CoinEvolve project, unlucky buyers of EVOLVE and EVOLVE2 can claim free NXTweb assets.

An arrangement has been made with Christian Sommers, who has now transferred the source code for his websites to POPPP from the French Nxt Community. POPPP is overseeing the modification of the code and ensuring that the sites are set up.

James comments:
### It is quite clear Chris Sommers is a scammer/criminal
I suggest that people that want to prosecute him do so in the fiat world.

POPPP has stepped forward to do the work required to create sites in the same general area as the coinevolve sites. I will do a SuperNET deal with POPPP for his asset and donate my evolve assets I ended up with to POPPP so he will have a meaningful ownership of the new asset.
###


The first NXTweb site is already live. It is a crowdfunding website: www.nxt-starter.com. Payments are initially accepted in NXT and BTC through coinpayments.com, but the site will be heavily developed over the next two months to take coinpayments out of the loop and accept more currencies. Two more websites will be built from Chris’ source code: a freelancer website and a microjob website. More sites are planned for NXTweb in the future. James is acting as an adviser only and will not build any tech for NXTweb.

SuperNET will receive 25 percent of NXTweb’s NET profit.

There are 1 million NXTweb assets issued. (asset ID: 18052454258090117553). 65 percent of the NXTweb assets are being given to the scammed CoinEvolve investors. Owners of EVOLVE and EVOLVE2 can send their assets to NXT-HTM9-BEPZ-28NP-A4AEK. For more information, see https://nxtforum.org/assets-board/(ann)-nxtweb/

For more background on the situation with CoinEvolve: SuperNET Newsletter #1.

SuperNET assets

James donated a number of assets to SuperNET. These will form parts of the core services, value and functions of SuperNET. You can read more about all of them on the NXTventures board of the NXT forum. Many of these assets are interlinked and own proportions of each other.

InstantDEX (NXT-74VC-NKPE-RYCA-5LMPT) will soon offer near-realtime trading of NXT, Nxt assets and other crypto - a huge advantage for trading and for regular transactions over typical blockchain confirmation times, whether that is Nxt’s 1-2 minutes or Bitcoin’s 10 minutes.

The tech is almost complete and will be integrated into SuperNET so that users can enjoy fast, automated conversions between one crypto and another.

SuperNET owns 241,485 InstantDEX.
InstantDEX fees will flow through these and be dividended out to SuperNET investors.

NXTprivacy (NXT-KKNV-8EPK-W2S4-96VTK) contains all of James’ privacy-related projects, currently 50% of Privatebet, 30% of the Anon ATM card (cryptocard) supplied by Coinomat, and also 0.1% of Teleport fees will flow through NXTprivacy into SuperNET.

SuperNET owns 241,485 NXTprivacy.
NXTprivacy dividends will flow through these and be dividended out to SuperNET investors.

Privatebet (NXT-ZGGJ-5G8H-K24Y-3BD8S) enables fully decentralised, peer-to-peer betting, with publicly verifiable results. This paves the way for sports betting and casino applications, all of which will pay dividends to Privatebet (and SuperNET holders through NXTprivacy). The ‘house edge’ for neoDICE will be around 1 percent, and this is likely to be standard.

Cryptocard (asset ID 7110939398145553585) will be a way to bridge crypto into fiat. These SuperNET cards are normal MasterCards and will have a $1,000 per day limit. The cards have been ordered. At the moment these are ‘half anon’ cards: A photo ID card is required for - but no banking information. There is being worked towards finding a full anon solution.

1% of the processed transaction volumes will be transferred to the assetholders.

More information about the half-anon approach can be found in SuperNET Newsletter #5.

Tradebots/nxtcoinsco (NXT-YNZ6-HE8K-TPF6-AV45K) is an asset that will allow people to create their own custom tradebots.

James writes, ‘I plan to allow tradebot writers to publish and people to subscribe and they share profits. People would subscribe to XYZbot and only pay if it makes profits and they only pay a portion of profits. Of course, the XYZbot could lose money, but all the performance stats would be tracked so people will see historical performance. No profits, no payment, so the tradebot writers are fully incentivized to create profitable tradebots. Eventually there will be dozens of proven tradebots and like for the forex world, people can see how many subscribers each one has, how much the bankroll is, etc.’

SuperNET owns 241,485 Tradebots/NxtCoinsco.
NxtCoinsco dividends will flow through these and be dividended out to SuperNET investors.

NXTventure (NXT-XRK4-5HYK-5965-9FH4Z) is an incubation fund that invests in and spins off other promising crypto assets. NXTventure pays dividends in the form of these assets, thereby giving investors a piece of the next big crypto asset.

James has recently announced that NXTventure and SuperNET will be releasing combined dividends. The NxtInspect dividend was an example of assets distributed to SuperNET holders through NXTventure.

Four more dividends have been pre-announced. Read more in SuperNET Newsletter #2.
There will not be a full overlap between the dividends offered by NXTventure and SuperNET.

SuperNET CORE: NXT

As you will know, a small number of coins make up the SuperNET core.

If BTCD is the highway that connects all the stores, entertainment centres, financial services and other features in SuperNET, then NXT is the 2.0 engine that allows users to access them all.

Rather than simply being a cryptocurrency, NXT can be considered a complete financial platform. The Nxt Asset Exchange, which is built into the client, allows users to issue, buy and sell shares in virtual or real-world companies, and receive dividends (NXT, other assets or even other currencies through Multigateway tokens for BTC and other coins). It’s the ‘coloured coins’ concept you may have heard about, but being dealt with in a very intuitive and user-friendly way.

To read more about the launch of the Asset Exchange and see a few use cases, see the NXT AE Special Newsletter.

Nxt’s arbitrary messaging system (AM) is also used - and for more than just simple messaging (plain text or encrypted). For example, instructions are passed to the Multigateway using AMs. The Nxt Alias system allows accounts, websites, telephone numbers and more to be linked to a simple reference label; Hyperboria’s Meshnet project already makes use of this feature. The NXT Marketplace (formerly known as Digital Goods Store or DGS) is a  decentralized NXT store that allows users to trade digital products directly through the NXT Client; whereas NXT Freemarket is the third-party application that reaches into the physical world, like a decentralised eBay. The Monetary System (MS) is scheduled for release later this month, and will allow the easy creation of customized digital currencies on top of the Nxt blockchain and backed by NXT.

These and other third-party services like neoDICE offer a wide range of functionality and open many possibilities for SuperNET. For a more comprehensive overview of Nxt, take a look at the NXT Technology Tree.

Development update

James is coding hard, and the features of SuperNET’s GUI are taking shape.

There is still plenty to do, but basic SuperNET functionality is now almost complete.
SuperNET development is on track, with initial release still scheduled for the end of the year.

James writes:

‘Finished all the GUI interface API for settings and general command flow, even start/stop so the GUI can stop and restart SuperNET. With a GUI to create the SuperNET.conf, it will be much, much easier. Also, this allows for a debug console, which will speed up testing, and building buttons and forms on top is just a matter of figuring out what buttons and forms we need.’

‘Most importantly all the telepod (money!) is using a berkeley DB so short of computer totally exploding, the data should be safe or at least recoverable. ]I am leaning toward automatically backing the telepods in the encrypted cloud so there are two copies’.

‘I split out the SuperNET into a separate executable for two main reasons. It makes it much easier to build as it doesn’t have to be built into BitcoinDarkd. With the boost, C++ vs C and all sorts of build complications on Windows, this reduces the problem to just building SuperNET on Windows. I already built SuperNET for Mac, but having problems with boost so can’t build BitcoinDarkd or QT on Mac yet. The second reason is that this allows other coins to also be in the system and the SuperNET requests are properly serialized through the https interface.’

‘If all goes well, by next weekend I think I will be doing the loose ends, but that means we will have nice core functionality as soon as GUI and OS builds are ready. So not a lot of external progress, but the internals are now split into two independent executables with mechanisms for master/slave type of setup, and other coins can just call into SuperNET directly. Now with DB reliable and reentrant, progress should be fast as that solves the reliable storage for money things like telepods, private messages, public cloud and also price data for tradebots.’

‘The new DB design made it so the old InstantDEX code was not quite right. I ended up rewriting it and most of it is gone! this is good as the less code, the less bugs. Still not fully debugged, but via DHT all orderbooks exist in the cloud.’

SuperNET demo

If anyone has doubts that development is progressing fast, anyone with minimal knowledge of linux can install the command line version and start playing with SuperNET. The installation instructions have been significantly simplified in recent weeks (full instructions and discussion available on the Slack boards). James provides these instructions:

###

git clone https://github.com/jl777/btcd
# Then you need to put your addresses in the demo SuperNET.conf and copy it to the libjl777 directory
cd btcd/libjl777
make onetime
./m_unix

Once SuperNET is running and the accounts are funded:

On computer A:
./BitcoinDarkd SuperNET '{"requestType":"addcontact","handle":"computerB","acct":""}'

On computer B:
./BitcoinDarkd SuperNET '{"requestType":"addcontact","handle":"computerA","acct":""}'
./BitcoinDarkd SuperNET '{"requestType":"maketelepods","coin":"BTCD","amount":".0001"}'
./BitcoinDarkd SuperNET '{"requestType":"teleport","coin":"BTCD","amount":".0001","contact":"computerA"}'

Of course, this is still command line and it isn’t using the best practices as the maketelepods creates traceable telepods, but it is quite a lot of what needs to be working.

James
###

White paper

Finally, a draft white paper for Telepathy is available. Telepathy is the secure communication system that underpins BTCD and the SuperNET. It works similar to BitTorrent’s peer-to-peer network, with a few critical differences. ‘Dead drop’ addresses are used - locations in network space that are not owned by any peer. Since many peers handle a packet on its way to the dead drop, it becomes almost impossible to tell who it was originally meant for.

The white paper can be found at https://copy.com/x4mYj7Cy9tNtwwXg.
Please do read and comment. All feedback is welcome.

Your SuperNET needs you!

James is working hard on the code, and many other people have joined the Slack channels where a huge amount of discussion, feedback, marketing and development are happening. We have approaching 100 people on Slack, and over 10,000 messages weekly. However, the more people get involved the better - there are always gaps, and more eyes and pairs of hands will make things move faster. Just ask for an invite if you want to help.

James writes, ‘I keep coding away and making progress, but there is only so much I can do and it will take the help of the community to fully actualize SuperNET. In fact, once my low level work is done, then I really become much less important and that is my goal.

‘Next year I want to be the leading SuperNET applications creator. By making dozens (yes dozens) of SuperNET reference applications, I will demonstrate how to make money via SuperNET. Similar to what I did with the NXT AE. Instead of telling people via fancy graphics and press releases, I will just do it and let the market decide how much they like it.’

SuperNET related links

Supernet Forum
https://forum.thesupernet.org

SuperNET news

Newsletter signup
http://supernetwrk.weebly.com/newsletter.html

https://twitter.com/Jl777News
http://jl777news.tumblr.com/
https://www.facebook.com/jl777official

SuperNET Newsletters archive
http://nxter.org/category/supernet-newsletters/

SuperNET CORE coins

NXT
https://nxtforum.org
BTCD
http://bitcoindark.pw
BBR
http://boolberry.com
VRC
http://www.vericoin.info
CHA
http://chancecoin.com

SuperNET related projects

BITS (SuperNET CORE component!)
https://bitcointalksearch.org/topic/annbitsbitstar-now-on-cryptopia-nova-and-yobit-new-wallet-fork-in-testing-748045
Coinomat
https://coinomat.com
SNN
https://forum.thesupernet.org/index.php?topic=118.0
Neodice
https://nxtforum.org/nxtventures/(pre-ann)-neodice/
Freemarket
https://nxtforum.org/nxtventures/freemarket-official-thread/
ATOMIC
https://bitcointalksearch.org/topic/ann-atomic-in-supernet-core-single-blockchain-for-trading-all-coinsassets-780833

ShortUNITY
https://nxtforum.org/assets-board/shortunity/

Prediction Markets
https://www.fairlay.com/predict/registered/new/supernet-in-top-10-of-coinmarketcap/
https://www.fairlay.com/predict/registered/new/supernet-in-top-5-of-coinmarketcap-before-2016/

Affiliated websites (revenue sharing or partial ownership)
http://bter.com
http://coinomat.com
http://nxtfreemarket.com
http://yourwebsitecanbehere.com

Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org

[EDIT]: Added Chinese.
sr. member
Activity: 321
Merit: 250
October 29, 2014, 04:01:51 PM
#19
thanks for that great newsletter!
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