Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 150. (Read 804678 times)

Polo is open for trading.  I am  most active there.

Also, you can post here and trade privately with other Cryptians

Even through Bter will also be back for trading (I believe) you can also trade at Poloniex. We will try to get other alternatives and fix the problems of Cryptsy after the v0.2.0 release.

where to trade without bter?

Wont believe it till I have safely transferred my Crypti out of Bter.

Important update regarding Bter

We have great news. Lin, the admin of Bter, wrote us and confirmed that most altcoins will be online in 1 week. He knows that there was a problem with the Crypti wallet, but with v0.1.9c we now have about 200 nodes online from all over the world. That guarantees that we have a stable client, he acknowledged this and will work hard to fix the Crypti interface at Bter. This might delay it a bit, but I'm sure we can say that Crypti withdrawals will come very soon at Bter again.

I hope that you are as happy as we are with that announcement and we want to thank Lin to handle the issues so well. In retrospect Crypti will only grow from this.

Newest tweet from Bter says, that they will allow withdrawals in one week.

https://twitter.com/btercom/status/573043042329882624

that is just sad.

here is a picture of supposedly bter's office, and it does not look good.



https://bitcointalksearch.org/topic/warning-bters-boss-and-stuff-have-left-the-office-975707

Supposedly 60%-65% of total supply.

I was able to get my NXT assets off of Bter, but can't even see my Crypti balance. It's odd though because I have nothing else on the exchange now and yet the listed total BTC value of my account is still positive. Perhaps reflecting my hidden XCR balance, except it's lower than it should be if it is representative of how much XCR I had on there before the hack...

Anybody know approx. how much of the coin supply was on Bter?

You are welcome! The scaling issues are concerns by myself, our developers and engineers and many capable people in the Bitcoin community. I'm not saying that it is a certainty, but a big possibility. So let's see what really is happening in a month at Ethereum.

Thanks for that in-depth answer, Passion_ltc. In fact I wasn't even aware that Ethereum has possible sacalability issues, so thanks also for bringing that to my attention.

Could be weeks.......... I am thinking that Bter's "Rebuilding the Backend" includes firing anyone that had access to the cold wallet and was then able to steal the BTC.. and then hiring all new people.

personally, I consider the XCR and BTC on Bter as lost.  I am now buying on Polo. 

Anyone know when bter withdraw for xcr start?
 

Hello Wulfcastle,

the development of v0.2.0 is almost complete, yes. Boris said in our meeting last weekend that this week we may open it up for our public testing routine. The testing is pretty long with v0.2.0, as we ported the whole consensus mechanism and various needed functionalities (e.g. delegate registration) from Bitshares to Javascript. This doesn't only include MUCH backend work, but also frontend.

We already start working on custom blockchains, but as this is a revolutionary process which is very hard to do, it takes its time. If it would be easy, it would be here already.

At the beginning we wanted to take over a few details and functionalities from Ethereum. But as we looked more and more into their system, we see that it's not good enough for us. They have a few problems in their algorithms which will probably not end well. We will see what the time will bring, maybe they can fix the problems. The following is not to bash Ethereum, I just wrote it to show the facts. We really hope that Ethereum will work, as it will bring the whole cryptocurrency scene a level higher.

Here are a few quotes about these problems:



More: https://forum.ethereum.org/discussion/1402/how-to-get-started-your-first-dapp-under-one-hour


More: https://bitcointalksearch.org/topic/m.10504974


Now imagine 10,000 nodes who all have to calculate and validate the same contract just to run it once. In my(!) opinion it is a waste of resources.

We had similar scaling issues with Crypti at the beginning with the Proof-of-Time algorithm, and you see how long it takes to fix such problems. So don't expect great things from Ethereum in the next month. I just installed their contracts application "Mist" and I see many "lorem ipsum" texts and just UI elements with no functionality. It just takes time to create revolutionary software like Crypti or Ethereum.

To the question what Crypti will offer if Ethereum is there. Well, first off what will Ethereum offer when Crypti is there?

Crypti will offer custom blockchains, which will be maintained by a single authority (centralized) or N authorities (decentralized). The custom blockchain will have its own parameters and its own value tokens. With them you can start your own cryptocurrency, start a storage system, create a decentralized exchange between the custom blockchain tokens and much much more, we can't even imagine yet.

You have to imagine that the internet is a huge space, there is always interest for another system which is simply working. So there will always be interested developers for Crypti in the future.

I described above, that Ethereum might has a scaling problem because every node needs to validate the contract. In Crypti we don't want to go that routine. So rather to try and make revolution with unknown technology, we are focusing on facts and taking the best approaches available on the market. With the combination of these proven designs we are creating a solution that can scale to thousands of nodes in a lean and lightweight way. While supporting one of the most common languages out there, Javascript. With this solution we will not only target the financial sectors, we will be flexible enough to be applied to various other problems, for example the Internet of Things. It's market value is probably over 7 trillion dollars until 2020. (More: http://www.zdnet.com/article/internet-of-things-market-to-hit-7-1-trillion-by-2020-idc/)

In the end the market is big enough for several approaches, it's not a zero sum game. We all want to deliver a cutting edge crypto technology. No one knows yet who will be the major adoption driver, or even in which market segment the huge adoption will happen.

In a nutshell we are going to create a solution with real world applications and start our ecosystem once we hit designated milestones.

- DPOS
- VM
- CBC
- UI / AppStore
- Visual Designer

With this our marketing effort will start as well.

I will let Max answer the questions, but there are still a lot of question marks and serious concerns about the efficacy of the eth network as described. Like questions as to whether or not it will even work in the way they are touting. I don't know how much actual info you have been reading or if you have been caught up in mostly the hype involved, but it's not a guaranteed thing. We have our own plans and angle with which we focus. Eth may be their own worst enemy at this point.

Ah okay, I'll check a bit later and report back here.

These are just a few of the questions I want to ask, when I have some time I'll give a full analysis of where Crypti stands at this point in respect to other coins hoping to accomplish the same tasks, or even more than Crypti.

But for me, the main point to take out of this, is that if Ethereum launches before Crypti, Crypti becomes obsolete almost immediately, as Ethereum accomplishes everything and more, than what Crypti intended to accomplish. If this happens the only reason for Crypti to exist would be as a "silver" to Ethereum's "gold" much in the same way that Litecoin co-exists with Bitcoin.

Again not trying to spread FUD or anything, but I think that this is a very serious matter.

Wulf, that seems to  happen every day at Polo for 30 mins or so.   I figure they are performing backups.

A bunch of serious questions here. Let's see what Passion_ltc will say.

Also it seems Poloniex is frozen once again...