Topic: $XAI Sapience AIFX - Decentralized AI | 11% PoS | PlumeDB,IBTP on Testnet - page 35. (Read 150229 times)

I have had more than a couple of people asking me about the IBTP p2p connectivity I demonstrated with LiteCoin and Shadow.  Apparently some folks are under the mistaken impression that this is using some sort of PROXY server simply because I had pointed it at my localhost IP.

THERE IS NO PROXY in this solution.  It is a DIRECT connection using out-of-the-box Bitcoin protocol features.  IT IS JUST BITCOIN.

This is enabled in the testnet build that was already released.  You can grab a LiteCoin wallet, put an addnode=yourip:30893 in your litecoin.conf file, fire it up on litecoin testnet and you will see the LiteCoin peer show up in getpeerinfo in your Sapience AIFX testnet wallet.  Can do the same with Shadow as well.  At some point we will look at how we want to go about including coins in XaiNet.

Also wanted to point out that we will be able to offer a XaiWire encrypted P2P messaging solution over the out-of-the-box Bitcoin communications channel using IBTP.  This is an "enabling technology" that will allow us to build more exciting applications on top of our advanced blockchain platform.

No friggin proxy required.  Thank you very much. 

There are people pumping something, all the time. There are people fudding something, all the time. This is precisely why I've advised caution on this thread, numerous times, when large swings occurred followed by a flooding of HYPE or FUD. However, I find it incorrect to be characterizing the project as a P&D on the (potential) actions of some speculation/trading group.


I can't agree with your conclusions about past value achievements. You are ignoring the number of coins in existence, ignoring the crowd fund valuation, ignoring the absence of competing projects, ignoring the real use case presented by Sapience/XAI. You are solely focusing on the market activity, turning your observations into "fact", and drawing all of your conclusions from there.
 
There is a real use case for Sapience/XAI, and it's been known from day one. Granted, development hasn't reach a state of maturity or functionality yet that completely realizes that use case, but progress has been very well received and tested by those of us running testnet nodes or sample applications.


Sort of agree. Yes, until the use case is fulfilled with real world applications and a sense of demand is established, any valuation attempt is speculative. Again, looking by market cap and by the relative position of Sapience/XAI against a few other coins out there - particularly the lot of which that have no use case at all - I speculate that XAI is severely undervalued.

Yeah, I fully agree terms of price manipulation, it is everywhere, but in the mean time there are less and less naive people can be tricked into fake volume hypes like what this XAI P&D was. Be happy with the profit you have realized, but this is not a sustainable business model at all. 500 BTC volume was very common 6 months ago, these days 50 BTC volume is massive which clearly indicates investors are greatly disillusioned with the P&D hypes and scams of altcoin market.

Terms of the market cap and the value of XAI, firstly, how can it be undervalued if the current value was achieved with P&D in the first place? Secondly, yeah, there are perhaps some good tech and an honest DEV behind the coin, but that doesn't make the coin a valuable asset. It can be valuable if the coin is used for real life use cases. 99.9% of the alts including well established coins like NXT is completely worthless. Apart from day traders, speculators and P&D scammers absolutely no one use altcoins coins for real life use cases. Not even DOGE, BC, VRC none of the alts is used in the real world, and therefore assigning a value to a coin (in this case XAI) prior it is actually used for something is just a speculative exercise.

In a year time all altcoins except a few which are useful will be gone. It remains to be seen whether XAI will be one of the useful remaining alt coins. If the DEV is serious then it could be, who knows? If yes, then it will obviously have some value, but currently this IPO/ICO vaporware is just a speculative, day trading toy without any real long term value.

Just to play devil's advocate, most people never use Bitcoin either but hoard or trade it.

Apart from day traders, speculators and P&D scammers absolutely no one use altcoins coins for real life use cases.

I most definitely agree that price manipulation sucks and would be much happier if it didn't ever happen. Unfortunately, it does look like price manipulation is everywhere. Someone recently stated that crypto currencies are 90% speculation, and 10% utility value (or something like that), and with any speculative asset, there will be bad actors, trying to lure in the credulous ones to take whatever funds they have from them.

That said, I had some pretty good flips trading Sapience/XAI (though most of mine are staking), and ended up with more XAI and more BTC than I started with. If there was some fake volume going on, it was most certainly not all of it.  

As for value, it's a tough call. Everyone will have their own estimation of value, and as it was briefly debated much earlier in this thread, there is certainly no "magic formula" to determine what's the right value for any altcoin today. However, with an active community, constant development progress and promising technology, I can't help but compare the overall market cap against that of other altcoins, and conclude that Sapience/XAI is undervalued right now. Just my 2 cents...

there is price manipulation even on Bitcoin...and to follow your logic...we should call bitcoin a scam? idiots everywhere....

Nice to see the crackhead FUDsters are coming out of the woodwork now

Public Testnet Wallet


sapience-qt-plm-windows64bit-19.zip 9.9 MB

This is a latest build from today that you can experiment with to see what it is we are building in action.  It is a bleeding-edge TEST build and therefore it will have bugs, issues, etc.  The Python shell is disabled in this Windows build while I sort through mingw issues and debate whether to swap to Lua.

You should only run this on testnet and not on mainnet with your wallets you care about.

You can either pass testnet from the command line:


Or put an entry in your Sapience.conf file:


Note that since it is on testnet, we may reset the blockchain from time to time etc.  We'll try to give a heads up.  Also you will need coins on testnet to pay for data reservations, please post on the dfx.io forum thread for that:  http://forums.dfx.io/index.php?topic=82.0

The core of PlumeDB is fully functional in this build and we already have someone who is building an interesting demo app on top of it that looks pretty awesome.

Have fun!

Just a glimpse into the short and long term roadmap under the Sapience Space Program/XSA:

No joke.

XAI is really a lot more than "just" an "AI coin".  Sapience AIFX is intended to be a complete next-gen advanced blockchain platform, but deeply rooted in the Bitcoin protocol, building on top of and making full use of the capabilities that already exist in the Bitcoin protocol but that, to date, have been largely underutilized by alt-coins.  Why reinvent the wheel to produce so-called "Bitcoin 2.0" platforms when there is so much yet to be realized within the existing well-defined protocol specification.  So, to me, maybe this is "Bitcoin 3.0" concept, revisiting the roots...I dunno.

Next up on the roadmap is completion of the AI Core.  This leverages the Plume data store solution to provide a scriptable AI lib with an in-wallet script editor and interactive shell.  Most likely this shell is going to be swapped from Python to Lua for a couple of reasons:

1. Easier cross-platform compilation and integration
2. Lua has already gained a lot of traction in the game world for scriptable game AI
3. Its a lot more lightweight and therefore more resource friendly for devices like Raspberry Pi and Android

We have our own asset platform in the works, based on Counterparty but fully integrated in-wallet requiring no external daemon etc.  Our intention is to deliver a high quality user experience and make this really accessible to pull in folks from the regular investing world, decentralized with no dependency on web wallets etc.  Initially we will probably roll out an in-between solution.

Once the asset platform is up we are planning to do an issue of "xainodes" tokens that will be something akin to Bitshares AGS and operate as a DAC/DAO on the XAI blockchain, and possibly a vehicle to provide dev funding through the rest of this year.

XaiNet - We have already demo'd a PoC of IBTP in action.  This is our cross-blockchain communication solution that is really out-of-the-box Bitcoin P2P.  I simply dropped in the IBTP class and added an addnode in Litecoin and Shadow config files to connect them to my XAI node.  This allows us to send cross-coin-network messages directly between peers using the existing messaging structure in the Bitcoin protocol, but is smart enough so that peers from "foreign" networks don't try to exchange block inventory with each other etc.  This capability will allow us to hook both the scriptable AI engine and the asset platform in to every other coin network and allow us to then do interesting things with data from those networks and share services between them.

Our NextGen wallet is a complete Qt front-end wallet rewrite to provide a user experience that is more "with the times" and consistent across devices and platforms with flickable touch interfaces, etc.  This is really the key in our minds to gaining traction with a larger audience in the mass market.

As part of the NextGen wallet rewrite we are going to enable an NFC payments experience for users, for a simpler alternative to QR codes.

The #LunarNode project is a real endeavor on the long range roadmap.  It's the stretch goal / dream big goal for our project overall.  As a first step we would like to launch a XaiSat into low earth orbit.  These micro satellites are now widely available although they tend to have a short lifespan in space, but the standardization of the form factor since the late 90's has brought the cost down considerably.  There are a couple of engineering challenges we will need to solve around optimized synchronization/communication and equipment power, optimizing the code base for running on a low power device with lower power consumption.  There are a couple of interesting inspiring projects like the LunarSail project that are looking at alternatives for transit to the lunar area, as well as a faster delivery vehicle in development.  LunarSail is projecting something like a 3 year transit time to the moon, but there are a few other projects that we might be able to pull tech from and combine them to produce a faster transit time.  There's a project right now looking at using pressurized water.  So as a second step we would like to shoot for getting to lunar orbit, and then attempt de-orbit and a landing on the surface.  Our idea is perhaps a bit less ambitious than the Doge lunar race in that we aren't looking to transport and produce a mobile rover.  We simply want to deploy a functioning self-powered node on the surface, which we are thinking will entail something in the CubeSat form factor that can then "unfold" itself on the surface to provide more exposed solar panel surface area, etc.

what ATH in USD will we see this year?.....predictions?

Oh boy, was wondering where this moron was

If anyone needs testnet coins to access / test some features of PlumeDB please PM me or post your address or respond on the following thread:

http://forums.dfx.io/index.php?topic=82.msg260;topicseen#msg260