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Topic: ⚒ Syscoin -Blockchain Scalability, Trustless Interoperability for ERC20 projects - page 140. (Read 501963 times)

sr. member
Activity: 1451
Merit: 258
New thread? I have not see the page in large quantities.
sr. member
Activity: 473
Merit: 250
Why do Syscoin addresses in exchanges start with 'S' while in the blockexplore when searching using the txnId, addresses start with '1'?

polo, bittrex and maybe others relied on using S style syscoin 1 addresses on their exchanges but in Sys 2 we used new address scheme that allows sys keys and btc keys to coexist on the same private key. Syscoin 2.0 and 2.1 are backwards compatible with S style, the address prefixes are the only difference but the private keys are the same for bother S/1 style addresses, you can run validateaddress on the addresses to confirm. Since they create new S style addresses to deposit when you send it will show as 1 style address because that what sys 2/2.1 blockchain uses by default... inside the private key is the same and the exchange will receive coins on S style address that matches the private key of the 1 style address, the destination is the same.

The design decision to switch to 1 style allowed us to innovate features such as DirectBTC/DirectZEC features.

Now I get it. Thanks for the explanation. Good decision to switch to 1 style. So if one generates a SYS address - that means the private key of sys can be used/imported into BTC?
sr. member
Activity: 420
Merit: 250
AKA RJF - Since '14 - On line since '84
What will happen after big release?

As always, we'll see some big movements before the release and then big dump will happen, the crypto world nature is buy on rumor sell on the news.

This has obviously been the case in the past but at some point the train will leave the station for SYS and won't return, and the levels we are at now won't be seen again. Whether or not it happens after the 2.1 release or after Blockmarket I'm not sure, but I am sure that we will see this happen at some point.

Absolutely agree with this. SYS is moving from a speculative nature to a usable store of value. I believe we will see this upward trend continue in the near future. BTW $0.05 is not only reachable, it will be just a step on the path to greater value.
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
After release of 2.1 we have this releases:


LAUNCH PLANS, BLOCKMARKET AND AZURE CERTIFICATION

As the release date nears we’ll be coordinating with exchanges and miners to ensure the update goes as planned. In order to ensure success in this transition, we are allocating all of our development resources to this effort until launch. Once the successful launch of Syscoin 2.1 has been completed, we will be resuming Blockmarket M1 development, targeting it’s release for Q1 2017. Blockmarket will introduce an entirely new user experience for Syscoin on the desktop, replacing today’s “QT Wallet” with a much cleaner and user-friendly experience. Blockmarket also includes a brand new, matching server component for consumers and merchants, enabling easy-to-manage web shops. Blockmarket will be Blockchain Foundry’s first official consumer product.
 
Along with Blockmarket we’re also nearing completion of the Microsoft Azure Product Certification for Blockchain Foundry. The first product will be released as soon as possible following final certification and the release of Syscoin 2.1. We’re also working on redesigning the entire Syscoin website for the release of Blockmarket to target a more consumer-based audience and bringing the benefits of Syscoin marketplaces to the forefront. Syscoin 2.1 sets us up for an exciting future and we’re excited for the final release!
hero member
Activity: 824
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CryptoTalk.Org - Get Paid for every Post!
What will happen after big release?

As always, we'll see some big movements before the release and then big dump will happen, the crypto world nature is buy on rumor sell on the news.
sr. member
Activity: 285
Merit: 251
When is the big release coming? isn't it before christmas?

Public release date for Syscoin 2.1 of December 18th, 2016 by or before midnight US/PST:

http://syscoin.org/syscoin-2-1-release-date-feature-list/
member
Activity: 83
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When is the big release coming? isn't it before christmas?
sr. member
Activity: 523
Merit: 250
The fucntionality of SYS is great.

The wild adation is the key.

But it is hard for every coins too.  Tongue


From wan.
legendary
Activity: 2044
Merit: 1005
Why do Syscoin addresses in exchanges start with 'S' while in the blockexplore when searching using the txnId, addresses start with '1'?

polo, bittrex and maybe others relied on using S style syscoin 1 addresses on their exchanges but in Sys 2 we used new address scheme that allows sys keys and btc keys to coexist on the same private key. Syscoin 2.0 and 2.1 are backwards compatible with S style, the address prefixes are the only difference but the private keys are the same for bother S/1 style addresses, you can run validateaddress on the addresses to confirm. Since they create new S style addresses to deposit when you send it will show as 1 style address because that what sys 2/2.1 blockchain uses by default... inside the private key is the same and the exchange will receive coins on S style address that matches the private key of the 1 style address, the destination is the same.

The design decision to switch to 1 style allowed us to innovate features such as DirectBTC/DirectZEC features.
hero member
Activity: 859
Merit: 1000
25 mln is not much but at this level the coin starts to be recognizable. And from there it can only be better and better Wink

Yes I agree that 5 cents can be reached after Elite release in Q1.
sr. member
Activity: 285
Merit: 251
there will be one more big price spike before launch i think, so sell now and rebuy cheaper - then moon after release Wink

By the end of this month, the price will be not less than 0.05 USD. You'll see. Grin

0.05 USD for one coin  ? Impossible........ Look at total coin supply

At a price of 0.05 USD, the capitalization will be about 25m USD. Is that a lot?
newbie
Activity: 7
Merit: 0
Why do Syscoin addresses in exchanges start with 'S' while in the blockexplore when searching using the txnId, addresses start with '1'?

Exchanges are using an older address scheme. The two addresses are equivalent though, they share the same private key.
legendary
Activity: 1223
Merit: 1000
there will be one more big price spike before launch i think, so sell now and rebuy cheaper - then moon after release Wink

By the end of this month, the price will be not less than 0.05 USD. You'll see. Grin

0.05 USD for one coin  ? Impossible........ Look at total coin supply
sr. member
Activity: 473
Merit: 250
Why do Syscoin addresses in exchanges start with 'S' while in the blockexplore when searching using the txnId, addresses start with '1'?
sr. member
Activity: 285
Merit: 251
Nice bull market
The problem I'm seeing is the same as with some other smaller cryptos...there's no real buy support or vol. Price might have been getting higher over the last 4 days but once the rise stops you can expect someone dumping/cashing out and then the price is back in 1k sats..

30 BTC is no real volume?

It's still a week away from the release...
it's doing fantastic really.
30 BTC real volume? If I own 2.7M SYS (Sell worth of 30BTC) and want to sell those now at Polo price goes down to 0.8k sats. TOP2 balances even in Bitrrex own totally 13.5M SYS. Without real buy support and vol the real interest is not there.

If you had 2.7m sys, you would not write such nonsense. A week is a big update, and therefore increases the price. Price 1k sat will be gone. Cool

1K will be hit so many times that u wouldnt be able to count how many times it has been hit. This level will be broken hereby leading prices to much more realistic 300 sato bottom.

I read your posts. Are you dissatisfied with everything. Stop whining. Cry
legendary
Activity: 2044
Merit: 1005
Nice bull market
The problem I'm seeing is the same as with some other smaller cryptos...there's no real buy support or vol. Price might have been getting higher over the last 4 days but once the rise stops you can expect someone dumping/cashing out and then the price is back in 1k sats..

30 BTC is no real volume?

It's still a week away from the release...
it's doing fantastic really.
30 BTC real volume? If I own 2.7M SYS (Sell worth of 30BTC) and want to sell those now at Polo price goes down to 0.8k sats. TOP2 balances even in Bitrrex own totally 13.5M SYS. Without real buy support and vol the real interest is not there.

If you had 2.7m sys, you would not write such nonsense. A week is a big update, and therefore increases the price. Price 1k sat will be gone. Cool

1K will be hit so many times that u wouldnt be able to count how many times it has been hit. This level will be broken hereby leading prices to much more realistic 300 sato bottom.
lol have you even taken a look at the code?
hero member
Activity: 1150
Merit: 502
Nice bull market
The problem I'm seeing is the same as with some other smaller cryptos...there's no real buy support or vol. Price might have been getting higher over the last 4 days but once the rise stops you can expect someone dumping/cashing out and then the price is back in 1k sats..

30 BTC is no real volume?

It's still a week away from the release...
it's doing fantastic really.
30 BTC real volume? If I own 2.7M SYS (Sell worth of 30BTC) and want to sell those now at Polo price goes down to 0.8k sats. TOP2 balances even in Bitrrex own totally 13.5M SYS. Without real buy support and vol the real interest is not there.

If you had 2.7m sys, you would not write such nonsense. A week is a big update, and therefore increases the price. Price 1k sat will be gone. Cool

1K will be hit so many times that u wouldnt be able to count how many times it has been hit. This level will be broken hereby leading prices to much more realistic 300 sato bottom.
hero member
Activity: 859
Merit: 1000
my bet is 6k sats by the end of the year. Or around...
sr. member
Activity: 285
Merit: 251
I wait previous highs after relise - 3...4 k sat

This time will be no less 8-10k. Cool
hero member
Activity: 840
Merit: 503
I wait previous highs after relise - 3...4 k sat
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