What is the address? Feel free to send me PM

Hello!

Please update to v13.1.3

Previous 13.x.x versions have a fee calculation bug that can cause your wallet to fork.

https://github.com/RadiumCore/radiumXT/releases/tag/v13.1.3

Thanks!

Justin Jacobeen.

Hello everyone!
Today is Aug 10, 2020

I have been away from BCT for far too long.  Recently I have spent most of my time in the telegram and discord channels, but I wanted to take a few moments and say hi to everyone here as well!

Today we just released an update to the RadiumXT wallet. The core of the update is a new staking rewards tracker, that shows your estimated rewards, and real rewards over the past day, week, month, and year. Please let me know if you find it useful!

Earlier today, we had a small fork on the network.  It was related to how the RadiumXT wallet (13.1.0) dealt with header spam. The new wallet was being overly strict, and banned most of the older 1.5 clients, causing network segregation leading to the fork. 

The fork was noticed and brought to my attention within about 2 hours, at which time I turned off the header spam protection on our seed and syncing nodes.  These 8 nodes were then able to act as a bridge between the two separate sections of the network. After some time, the wallets on the incorrect fork were able to download the blocks of the real fork, and then reorganized back to the correct chain.  In order to prevent the issue, we have disabled header spam protection in the 13.1.2 client by default, as well as tweaked some of the other banning related parameters.  There are no changes to the chain consensus rules, but rather small changes in the way the wallets talk to one another.

During this process we were in contact with our various exchange partners, who have also confirmed the network has stabilized. They have also confirmed there were no adverse effects of the fork, and all operations will continue as normal.

Much of my focus the past months has been learning about the .13 codebase that the new wallet uses. I want to say special thanks to the Blackcoin for their willingness to collaborate on several issues affecting both of our wallets. We were able to work together to fix a memory leak issue related to our shared staking implementation.

Now that our network is stable and our wallet is significantly improved, I plan to shift focus back to the 2nd layer, SmartChain.  SmartChain is what differentiates Radium from the many other coins that exist, and I have neglected its development for far too long.  My first goal is to release a SmartChain that can run locally, allowing independence from the online web version. 


Please reach out with any questions or comments.
Be safe and wash your hands!


JJ12880

It is still most of the original team, with a few new people!  Here is the current team page. https://radiumcore.org/team/

Thankyou for your kind words!

I consider SteamboatG a member of the team!

Andrey123,

Im looking into the issue, I will post back once it is identified and resolved.

JJ12880

Im very happy Banzai is still around, and to be part of your platform!  Long live the OG's

It was made by a community member a while ago .

Hi everyone!

Just a few things!

1) Im alive, and not dead! I am most active on telegram, https://t.me/RadiumOfficial so even if I am not posting often here, I am online most of the time there.

2) Alpha web interface is up and being tested! Hopefully We will be able to move it to a production server in the next few days.

3) We have successfully spend from the development fund, and have appropriately compensated one of the developers who build the original code for the development fund fork.

I want to extend a huge thanks to all the people helping run the project and are handling administrative jobs to I can code. Without you guys, we wouldn't be where we are today.


Chears!
JJ

Did you update your wallet like we have been telling everyone to do for the past four weeks?

No problem!  Glad to help.

Try running
"checkwallet"

and

"repairwallet"

without quotes in the console. If that does not work, send me a pm on telegram.

JJ

For anyone needing a bootstrap or having issues syncing, I updated the bootstrap utility.  It will download the latest bootstrap.dat and place it in the appdata/radium folder

https://github.com/JJ12880/Radium_Bootstrap_Utility/releases

Cheers!
Justin

The fork that is in testing will bring the rewards back up to 0.5, with a much slower reduction over the next 20 years.  No idea of how this will affect the markets. I decided to write code, because I loose every time I try and trade

Justin

Is it working yet? It may have taken longer than usual for the DNS to update in your area. If it is still not working, try to flush your DNS cashe, and then let us know if its still broken.

Here is a quick update on where we are with the Radium project.

Abstract / TL:DR
   Our work for memorandum is done, the lawyers are now working on writing it. New Website and White Paper should be released in the next week. Development fund fork code is complete, needs testing by development team. SmartChain React interface on hold due to work required for above projects.


Legal SEC Memorandum
   Our work to obtain the legal memorandum required to remain on Bittrex is nearly complete.  JJ12880 has personally funded the 15k USD needed to pay for the memorandum, with the understanding that he will be reimbursed with Radium once the development fund becomes active. The payment has been sent, and the lawyers are working their review of the project and writing the memorandum.

Website
   In order to present the lawyers with accurate information to produce the Memorandum, we have developed a new website that will hold the content of both the current website and the wiki. This will allow Radium to keep all information, documentation, and blog together in one place. This website will support multiple user accounts and contributors, so we can do a much better job of keeping the information current and up to date. We have also included a team section, so you can see all of our pretty faces. We hope to launch the website in the next week.

White Paper
   In addition to the website, we needed to write a White Paper in order to complete the memorandum. The White Paper is complete, and will be released at the same time as the new website. The white paper explains the goal, purpose, and functions of the Radium system.

Development fund fork
   The code for the development fund fork is complete, and JJ12880 and other team members will be testing it this week. More information regarding the date for the fork will be provided once testing is complete. We will allow a 4 week period from the release of the code for all nodes to update, ensuring that all exchanges have plenty of time to complete updates from their end.

SmartChain React Interface
   Work on the react interface has slowed due to the time being dedicated to the legal memorandum and the development fund fork. Once the code for the development fork is completed, focus will shift back to development of this interface and new SmartChain functions.

All the best,
The Radium development team.

Hi everyone!

I know everyone wants news about the fork.

TLDR: The fork has taken second priority to obtaining legal counsel to write a memorandum demonstrating that Radium is NOT a security, in order to remain listed on some exchanges.


Several weeks ago, one of the major exchanges which we are listed on, asked us to go through a review process, due to the increased scrutiny of the SEC (Investment regulatory body in the USA). It seems that completion of this review process is a requirement to remain listed on this exchange. Given the current regulatory landscape, several exchanges are protecting themselves from possible litigation by not listing tokens that fall under the category of a security. To this end, a significant part of the review we were asked to complete included a lengthy legal memorandum arguing the case that Radium is not a security as defined by various legal precedents.  Unfortunately, none of us on the development team are security and investment lawyers, and we have needed to engage with an outside legal team to complete this memorandum.  In order for our legal advisers to complete their review and write the memorandum, we need to be able to provide them with a clear and concise explanation of what Radium is.  Much of my energy the past week and a half has been devoted to writing the Radium white paper, as well as writing all new content for the website so the lawyers have something to work from.  Much of our existing content is outdated, and some is no longer accurate. I hope to have the website content and the white paper ready to send to the legal team by the end of next week. 

In addition to preparing the materials mentioned above, we have been working very hard to secure the necessary funding to pay for this memorandum. Lawyers cost money. A LOT of money. Especially when we do not have a ICO budget to work from. We have some donation funds that were set aside, that will cover part of the cost, however the rest will have to come from other private sources. We will be using some of our own personal funds to cover the remainder of the costs, as the development fund will not be operational until after the fork.

I wish I could be working on the code for the fork. I want nothing more than to get this fork over with, and get back to coding what I really enjoy, which is SmartChain functions. Sadly, it seems we need to get a few more things taken care of first.  As soon as this memorandum is funded, written, and submitted, all focus will be back on the fork.

Justin
(JJ12880)

I think decentralized exchanges are an excellent idea. I would like to see rads on one if not more.

As far as the tax issue goes, it seems nobody really knows the correct way to do this, as nobody knows how the tax laws are going to be applied.  It is causing quite the challenge.

yes, that is the correct way to do it, from what I understand for US tax laws. The current tax situation is terrible, and needs to be clarified fast.