Wanted: Bitcoin merge mined clone coin that can atomically trade with Bitcoin.

sidhujag

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Quote from: Nasakiotoes on December 26, 2015, 12:22:19 PM

Very exciting! Good job.

My main interest though is in getting this tech into bitcoin merge mined coins. You mentioned that litecoin would be possible but a little tricky to implement.

With what you have now, is it possible for ixcoin, i0, dev, or namecoin to implement this?

Quote from: CIYAM on December 26, 2015, 11:11:16 AM

An update about the status of the current research being done with ACCT via Bitcoin's P2SH and CLTV: https://bitcointalksearch.org/topic/m.13359842

We are making progress (slowly).

It also looks like Litecoin will be able to support CLTV soon.

Syscoin will support cltv due to release in feb.. It will be merge mined with bitcoin and has a decentralized marketplace. My hope is that you can pay for offers in bitcoin or another crypto.

Im currently writing unit tests

https://github.com/sidhujag/syscoin2/tree/syscoin0.12

CIYAM

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Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

Quote from: Nasakiotoes on December 26, 2015, 12:22:19 PM

My main interest though is in getting this tech into bitcoin merge mined coins. You mentioned that litecoin would be possible but a little tricky to implement.

With what you have now, is it possible for ixcoin, i0, dev, or namecoin to implement this?

That is going to come down to if and when they implement the new CLTV op code (previously OP_NOP2) as per Bitcoin and now Litecoin.

To a fair extent I think this is where the Litecoin project has been very smart - by staying so up-to-date with Bitcoin they will be able to take advantage of such new kinds of scripts probably before any other alts can.

Nasakiotoes

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Activity: 116

Merit: 100

Very exciting! Good job.

My main interest though is in getting this tech into bitcoin merge mined coins. You mentioned that litecoin would be possible but a little tricky to implement.

With what you have now, is it possible for ixcoin, i0, dev, or namecoin to implement this?

Quote from: CIYAM on December 26, 2015, 11:11:16 AM

An update about the status of the current research being done with ACCT via Bitcoin's P2SH and CLTV: https://bitcointalksearch.org/topic/m.13359842

We are making progress (slowly).

It also looks like Litecoin will be able to support CLTV soon.

CIYAM

legendary

Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

An update about the status of the current research being done with ACCT via Bitcoin's P2SH and CLTV: https://bitcointalksearch.org/topic/m.13359842

We are making progress (slowly).

It also looks like Litecoin will be able to support CLTV soon.

CIYAM

legendary

Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

Quote from: Nasakiotoes on December 24, 2015, 05:29:14 PM

Can you provide any other info or links to this project?

At this stage we are just trying to see if we can get the CLTV txs to work properly (no such luck as yet).

Assuming we so work out the kinks with our initial testing I'll have more to say about it. For the AT ACCT you can read about that here: http://ciyam.org/at/at_atomic.html

The approach that will be taken with CLTV and P2SH will still follow @TierNolan's approach closely.

Nasakiotoes

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Merit: 100

Thank you for commenting here, you always do such cool stuff.

Can you provide any other info or links to this project?

Quote from: CIYAM on December 23, 2015, 08:42:28 PM

Another forum member is actually working with me to test the use of CLTV (CHECKLOCKTIMEVERIFY) with a P2SH to achieve ACCT using Bitcoin.

If this can work then it would mean that the AT ACCT which has already been functioning on Qora and Burst for many months would allow either of those wallets to behave as P2P trading markets between themselves or Bitcoin.

My guess is that Litecoin (which generally tries to keep up with Bitcoin changes) will also be adopting CLTV sometime soon.

Nxtblg

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Activity: 924

Merit: 1000

Quote from: CIYAM on December 23, 2015, 08:42:28 PM

Another forum member is actually working with me to test the use of CLTV (CHECKLOCKTIMEVERIFY) with a P2SH to achieve ACCT using Bitcoin.

If this can work then it would mean that the AT ACCT which has already been functioning on Qora and Burst for many months would allow either of those wallets to behave as P2P trading markets between themselves or Bitcoin.

My guess is that Litecoin (which generally tries to keep up with Bitcoin changes) will also be adopting CLTV sometime soon.

Thanks for the response.

CIYAM

legendary

Activity: 1890

Merit: 1086

Ian Knowles - CIYAM Lead Developer

Another forum member is actually working with me to test the use of CLTV (CHECKLOCKTIMEVERIFY) with a P2SH to achieve ACCT using Bitcoin.

If this can work then it would mean that the AT ACCT which has already been functioning on Qora and Burst for many months would allow either of those wallets to behave as P2P trading markets between themselves or Bitcoin.

My guess is that Litecoin (which generally tries to keep up with Bitcoin changes) will also be adopting CLTV sometime soon.

Nasakiotoes

member

Activity: 116

Merit: 100

Nasakiotoes

member

Activity: 116

Merit: 100

When I mention Atomic transactions, I'm reffering to this.

Quote from: Nasakiotoes on November 25, 2015, 11:17:55 AM

I'm exploring the idea of atomic transfers for sha256d merge mined chains.

Does anyone know if there is any implemented code?

Quote from: TPTB_need_war on November 20, 2015, 06:42:17 PM

....... snip

are you aware of the potential for entirely decentralized cross-chain exchanges?

https://bitcointalksearch.org/topic/m.6487835

https://bitcointalksearch.org/topic/malleability-deposits-and-atomic-cross-chain-transfers-515370

..............

Quote from: TierNolan on May 01, 2014, 03:30:57 AM

.....snip

The latest version allows transfers between chains as long as 1 of them supports non-standard transactions.
.............

Edit 1.

Quote

https://bitcointalksearch.org/topic/m.1011737

P2PTradeX: P2P Trading between cryptocurrencies

The protocol allows cross-coin p2p trading without a central point. It seems to me that it is the "holly grail" of alternate crypto coins. And this is an idea that can change the cryptocoin ecosystem for good, where all coins trade against each other. The benefit for alternate chains is enormous: they don´t need to provide an exchange site, they can trade automatically against Bitcoin. It also means that alternate cryptocoins will rely on Bitcoin and will support Bitcoin because they need it to enter the cryptocurrency game.

monsterer

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Quote from: entertheabyss on December 22, 2015, 11:52:11 PM

Sure, you could do like a cloakcoin style in-wallet trading app, you would still have to have other people to trade with but its not anything groundbreaking. Not sure on a good price for this, or why you would want to spend your money on this i can imagine better ways things to buy. Maybe in the 3-10 btc ballpark.

Except for the fact that this is an unsolved problem, yeah.

entertheabyss

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Activity: 714

Merit: 508

Sure, you could do like a cloakcoin style in-wallet trading app, you would still have to have other people to trade with but its not anything groundbreaking. Not sure on a good price for this, or why you would want to spend your money on this i can imagine better ways things to buy. Maybe in the 3-10 btc ballpark.

Nasakiotoes

member

Activity: 116

Merit: 100

First, is it possible to create this?

Second, what would be an appropriate bounty.

Topic: Wanted: Bitcoin merge mined clone coin that can atomically trade with Bitcoin. (Read 872 times)