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Re: | STRATIS | The first blockchain developed for businesses |Launched
I don't know if I can trust you 
.
I did wine install stratis.exe
wine stratis.exe
backed up
works fine. Can you give any guarantee your pre-compiled binary is legitimate. Thank you.
.I did wine install stratis.exe
wine stratis.exe
backed up
works fine. Can you give any guarantee your pre-compiled binary is legitimate. Thank you.
Re: | STRATIS | The first blockchain developed for businesses |Funded 915 BTC
So do we have any projections of exchange adds, or connections with exchanges. It seems fair to let the community know if these will be tradable.
No confirmed exchanges yet. We cannot control the exchanges. However, we will ensure that a communication channel is open with them. We will also ensure that they have everything required for listing Stratis.
Thank you. Bittrex is a very solid and friendly team. I think you can easily get in touch, and it's been a good starting ground for coins. Please reach out. Thank you
Re: | STRATIS | The first blockchain developed for businesses |Funded 915 BTC
So do we have any projections of exchange adds, or connections with exchanges. It seems fair to let the community know if these will be tradable.
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | PoSa - Anonymous & Trustless
PoSA3 Overview
Dear CloakCoin Community,
As promised, we proudly announce PoSA3 overview, so you can get acquainted how technology works in easy and understandable fashion.
Any further questions and feedback is greatly appreciated by us, and we are looking forward to release the CloakCoin Whitepaper in the forseeable future.
Team Cloak
If Bitcoin fails it's because there is lack of demand, or reasonable use cases. It's not going to be because the actual math collapses, which is essentially what happened with complex mortgage derivatives. It is often said the math was so complex on purpose so that only a few could understand the actual valuation. Obviously some people became filthy rich off trading against and or flipping this PoS's.
Bitcoin is not like the subprime bubble. It is more akin to a third world currency that has high volatility.
The problem with the subprime mortgage crisis is that the structure of repackaging large lots of mortgages into complex derivatives had little underlying value because the increase in issuing risky mortgages inherently meant they had less value than suggested. Simple math would have shown that many of the loans would be defaulted on, and the value would evaporate. It was a disaster all the way up.
Bitcoin however, derives value directly from the market being backed by a monetary value, and supply and demand. Yes we have seen steady decline from our $1200 peak, but the type of implosion of subprime was in a matter of weeks or months and completely destroyed companies as the value evaporated.
The question is not whether Bitcoin is a bubble or not, it is how do we derive Bitcoin's value and is that justifiable. Currently it is more a speculative insturment like small currencies, or commodities, so it's completely in the hands of traders. In order for Bitcoin to avoid volatility it will need to increase market cap so that 1 million dollar orders can't dump the market. Until then it's easily manipulated.
However, look at the Euro it's seem a major decrease in value because of QE and it's a major world currency, does this mean the Euro is a bubble or the inflationary economic models of existing systems are riddled with problems. The one thing Bitcoin does have as an advantage over other currencies, is it's like gold it can only be found so fast, and there is only so much of it.
The problem with the subprime mortgage crisis is that the structure of repackaging large lots of mortgages into complex derivatives had little underlying value because the increase in issuing risky mortgages inherently meant they had less value than suggested. Simple math would have shown that many of the loans would be defaulted on, and the value would evaporate. It was a disaster all the way up.
Bitcoin however, derives value directly from the market being backed by a monetary value, and supply and demand. Yes we have seen steady decline from our $1200 peak, but the type of implosion of subprime was in a matter of weeks or months and completely destroyed companies as the value evaporated.
The question is not whether Bitcoin is a bubble or not, it is how do we derive Bitcoin's value and is that justifiable. Currently it is more a speculative insturment like small currencies, or commodities, so it's completely in the hands of traders. In order for Bitcoin to avoid volatility it will need to increase market cap so that 1 million dollar orders can't dump the market. Until then it's easily manipulated.
However, look at the Euro it's seem a major decrease in value because of QE and it's a major world currency, does this mean the Euro is a bubble or the inflationary economic models of existing systems are riddled with problems. The one thing Bitcoin does have as an advantage over other currencies, is it's like gold it can only be found so fast, and there is only so much of it.
https://en.bitcoin.it/wiki/Category:Exchanges
There is background and information on exchanges if you click as well. The Bitcoin wiki really is great!
Very important every decent charting site uses an API, bitcoinwisdom.com cryptowat.ch tradingview for instance. So even if you don't directly query the api, you need it to functionally evaluate price as internal charts on exchanges are pretty bad.
As far as "people" that actually use APIs you're looking mostly at bots or people gathering data for backtesting purposes. There are some things like QT-Trader, cryptrader, coinigy which by adding your api keys you can view and submit orders.
tl;dr I wouldn't run an exchange without an API.
As far as "people" that actually use APIs you're looking mostly at bots or people gathering data for backtesting purposes. There are some things like QT-Trader, cryptrader, coinigy which by adding your api keys you can view and submit orders.
tl;dr I wouldn't run an exchange without an API.
Paypal does not have protections for trades for digital currencies currently unlike other purchases like physical goods.
When a chargeback is requested it is generally accepted and processed as they do not have much system to verify, hopefully at some point they will integrate a better solution, but if you're getting started I would not recommend even considering Paypal without someone you are 100% sure is legitimate.
When a chargeback is requested it is generally accepted and processed as they do not have much system to verify, hopefully at some point they will integrate a better solution, but if you're getting started I would not recommend even considering Paypal without someone you are 100% sure is legitimate.
Re: [ANN] Clef is secure two-factor authentication with no passwords or tokens
I think the OP needs to outline the business model of Clef. How do you guys pay for all the servers and bandwidth? How do you guys pay for the technical and support staff?
https://getclef.com/pricing/
I am familiar with this.
Free tier does not offer premium features but has no user or request cap. It is offered free for the basic usage, simply because the cost for requests is relatively small, (bandwidth/upkeep) Larger clients that need the extra assistance, support, and metrics, potential white glove service/customization and training can pay for this service.
I believe the business model is to allow companies to get on board, setup and use it easily and when they scale big enough that they may need additional resources from the company they can engage, and if not, they function as a brand ambassador.
Re: [OFFICIAL THREAD] FACTOM - Offchain transactions + Factom Blocks
How different is Factom compared to a website like http://www.proofofexistence.com/?
Factom is different in a number of ways. PoE hashes single files and records the hash into the Bitcoin Blockchain. You could log many files if you wanted to, and only reveal the files you wish at a later date.
PoE only hashes a single digital thing per Bitcoin transaction. Factom combines many entries together and places a single hash into the Blockchain every 10 minutes. Even if thousands or even millions of entries were placed into Factom, only the fixed entries are placed into Bitcoin.
Factom allows whatever data you like to be hashed and secured. So the data entered and maintained by the Factom network is more flexible.
Factom is way cheaper. PoE charges 5 mBTC to log an entry (~$1.46 at the moment). Factom would cost roughly ~$0.001 to record an entry. That's because everyone using the system is "sharing" the Bitcoin entry.
Proof-of-existence charges $1.50 because he can, and he maintains a servers with a database of all the hashes he created. But, anyone can do the same thing on their own and put a document hash on the blockchain for less than $0.05 - with a small script like this.
Aren't you afraid that if the cost per entry is too low, spam will increase?
Factom combines hashes off chain, and submits a merkle sum tree, so that all hashes can be verified to avoid spamming the blockchain, as at scale which is the hope it would result in huge amounts of data on the chain.
Factom uses federated servers, and incentives to operate to maintain a system as independent as possible. Any other script at scale will cause massive blowback from developers, because of perceived spam. We saw with satoshidice how the limit for dust transactions was upped to reduce their use of the blockchain in their desired way. While it's not an instant result, I would classify what factom is trying to do as the most courteous solution, and scalable, where huge amounts of hashes can be processed off chain, and only one merkle tree is needed per block.
NXT because it is a completely new code base. Improvements are faster transactions, name based accounts, in wallet asset exchange, in wallet marketplace, supernet integration, healthy community.
As much as we have seen innovations, most are entirely based upon the Bitcoin code base, or close derivatives, while I do not mean to denounce all altcoins here, there are others. FWIW I'm not a NXT hodler, but I have used the software, it's fast, easy and the integration of marketplace and other community building features makes it more than just a coin. Also excited about the developments of Supernet.
As much as we have seen innovations, most are entirely based upon the Bitcoin code base, or close derivatives, while I do not mean to denounce all altcoins here, there are others. FWIW I'm not a NXT hodler, but I have used the software, it's fast, easy and the integration of marketplace and other community building features makes it more than just a coin. Also excited about the developments of Supernet.
Re: New to Bitcoin - how to transfer bitcoins when Bitcoin-qt hasn't synchronised
Here are a number of options:
https://en.bitcoin.it/wiki/How_to_import_private_keys
Retrieve your private key- http://bitcoin.stackexchange.com/questions/4203/how-can-i-export-the-private-key-for-an-address-from-the-satoshi-client
https://en.bitcoin.it/wiki/How_to_import_private_keys
Retrieve your private key- http://bitcoin.stackexchange.com/questions/4203/how-can-i-export-the-private-key-for-an-address-from-the-satoshi-client
http://www.coindesk.com/bitgo-update-expands-security-controls-for-consumers/
Multi-sig for individual users with BitGo. While regular folks may be slow to adopt it, I predict 2015 will see a marked drop in BTC losses among companies/exchanges/organizations as they migrate to multi-sig.
Couldn't happen too soon; an exchange I used up until a few weeks ago (Allcrypt) just announced their BTC wallet was emptied over the weekend. That's eerie because that's the 2nd time I've left an exchange shortly before it collapsed (Mintpal). And for that matter, I was able to profit in the chaos surrounding Cryptorush's end as well (lost $20 when it shut down, but profited several times that amount in the final day as people struggled to extract funds.)
Multi-sig for individual users with BitGo. While regular folks may be slow to adopt it, I predict 2015 will see a marked drop in BTC losses among companies/exchanges/organizations as they migrate to multi-sig.
Couldn't happen too soon; an exchange I used up until a few weeks ago (Allcrypt) just announced their BTC wallet was emptied over the weekend. That's eerie because that's the 2nd time I've left an exchange shortly before it collapsed (Mintpal). And for that matter, I was able to profit in the chaos surrounding Cryptorush's end as well (lost $20 when it shut down, but profited several times that amount in the final day as people struggled to extract funds.)
There should be a more secure 2fa on withdrawals and account activity for platforms. Phishing and other issues will result in a lot of users getting hacked potentially even with insurance, it costs the business significant amounts. Google 2fa/sms/authy are all text based and generated on a time seed which is vulnerable to multiple attack vectors, any time you use a text based 2fa it's like typing a private key in. I wish more exchanges would use clef... public/private key crypto with anti-phishing.
http://sakurity.com/blog/2015/03/15/authy_bypass.html/
Anyways, multi-sig should really be ubiquitous and I still don't understand why companies choose to keep all funds in one "hot wallet". It costs almost nothing to split funds amongst multiple wallets, and have distributed multi-sig keys. Sorry to hear you lost funds, I think this mass incompetence of putting all eggs in one basket with one key is ridiculous.
The main issue is that waiting for a withdrawal on an exchange is annoying and makes users worry. Without this mass hot wallet with direct access from the platform means wallets have to be cycled and requires more complex architecture. Simply put the small players don't have the staff or development to protect customers in the same manner, a wallet provider adding this feature is per user, and separate while an exchange is one wallet or a few wallets for everyone
Well, I dodged a number of bullets and only have the indirect hits (I call it shrapnel) from all the various scandals and thefts and altcoin scheming and so forth. I figure by most veteran's standards I've gotten off easy thus far. I picture the security situation at traditional institutions like banks is like a bucolic picture of a peaceful castle with tall walls and guards posted, with a few bandits lurking in the shadows of the forest in the backgrounds. With bitcoin the security situation is more like.... well, have you seen the movie The Two Towers? Remember the Battle of Helms Deep?
I think we'll get things locked down. I really am optimistic. For one thing, people can negate 99%-99.9% of the risk now by employing prudent safeguards without much fuss or reliance on anyone else. This thread has been very helpful in that regard.
On the simplest level I will say, only keep on an exchange what you are willing to risk at that time. Choose your preferred secure wallet provider, and move funds out accordingly to reduce risk.