Teleport
Best of luck and happy coding! Your excitement is contagious
Would Teleport be bound up by NXT/BCTD somehow, or would it be coin-agnostic?
Teleport to be integrated into the core of BTCD and BTCD will be able to be Teleported without anything more than normal tx fees. I will try to eliminate any NXT dependencies from the core Teleport feature, but for things like Privatebet and InstantDEX, NXT will of course be needed.
Now, I am sure the following will generate complaints from some people as being too "complicated", I believe privacy is something that everybody should have, so I do not want to limit the Teleport to BTCD. This tech is under the NXTprivacy charter so, that asset will get a 0.1% fee for Teleporting BTC, NXT, etc. In that sense it will be coin-agnostic. The list of coins that can be supported will be quite large, but each will need testing by community. Just adding lines to the jl777.conf file will be enough to be able to test a new coin. I will make sure BTC and NXT teleporting will work.
Most anon coins try to replace bitcoin, but that is not realistic. So, BTCD will help turn BTC itself dark!
and NXTprivacy gets a small percentage for its troubles and similar to InstantDEX revenue sharing, NXTprivacy will share revenues with BTCD stakers
I think of way to explain the side effects of Teleport.
The initial transition into "hyperspace" and transition out of hyperspace needs special care, but that will all be automated. Each teleport transfer within hyperspace will be much simpler and this will work out very well for Privatebet
I try to make it simple, but I am not smart enough to make this simple, since the problem I am solving is quite a bit larger than a single feature. It is privacy weaved into an entire system of trading and betting, etc. Plus to be practical and compatible with the current day reality of BTC dominance.
So, I think the community can start to plan nice marketing with this
James
Just checked, NXT is used for account authentication, so while it wont be involved in the actual Teleport, it is needed to make sure somebody else cant spoof you