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Showing 20 of 177 results by Peachy
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Topic
Board Bounties (Altcoins)
Re: $50,000 Trading Contest on Uniswap and $1,000 Gleam Giveaway
by
Peachy
on 11/01/2021, 21:22:04 UTC
This is gonna be good.
Post
Topic
Board Altcoin Discussion
Re: Radix - Tempo Whitepaper
by
Peachy
on 28/06/2018, 11:54:03 UTC
Any reason why there is not any activity in here? I mean, Radix is one of the most promising crypto projects out there right now.

Or is there another thread where the real discussions take place?

We gave up on bitcointalk looooong ago as it devolved into more of a pump-n-dump cesspool.

My apologies to those die-hard fans that still continue to hang out here as there are still some gems that can be found and some highly-upstanding and intelligent individuals still lurking around.

Primarily, you can find substantial dialogue and conversations on Radix DLT within our Telegram and Discord channels.

Nearly all of the team members regularly post and are engaged with the over 17k members on Telegram.

I'm one of the Admins and (while it has been challenging on some days) we have kept the channel VERY free of noise and off-topic convos such that the entirety of the thread contains a wealth of knowledge around the project and CTO's insights.  A worth-while read if you have the time.

Telegram:
https://t.me/radixDLT

Discord:
https://discord.gg/7Q7HSZZ


Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][IPO][RADIX][based on Ripple]First stage 40% of coins to be distributed
by
Peachy
on 22/06/2018, 10:47:53 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][IPO][RADIX][based on Ripple]First stage 40% of coins to be distributed
by
Peachy
on 21/06/2018, 12:38:38 UTC
So Radix will be like Ripple, with the creator controlling 100% of the stock at the beginning and thus controlling the supply. Or if I'm wrong, who will be the seller when it's released on marketplaces ?

Let me state this now and in clear terms:

THIS ENTIRE FORUM THREAD AND ALL POSTS ABOVE ARE NOT CONNECTED TO OR PART OF THE OFFICIAL RADIX DLT PROJECT.

I am an admin on the Official Radix DLT Telegram and Discord.
I have been a benefactor of the project for 5+ years.

Post
Topic
Board Development & Technical Discussion
Re: A fully decentralised consensus algorithm
by
Peachy
on 10/06/2018, 15:13:40 UTC
FYI, I analysed Radix recently:

Re: Radix - Tempo Whitepaper

AFAICT, the design of Radix is flawed and a Sybil attack can stop transactions from being spendable.


It's understandable that you'd have that opinion based on the purposely-limited information we've released currently.

There will be a Tempo Technical whitepaper released in about a week that will cover the various mitigation strategies (including this one).
Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] Paymon - blockchain platform (start ICO 02.02.18)
by
Peachy
on 30/05/2018, 12:58:09 UTC
The most interesting thing of paymon is that it will be build on DAG. A system like tangle of IOTA but with some improvements. There are a few coins based on DAG like nano, byteball, radix, Oyster, IOT and dagger...
Paymon will be build on rust, which is the most advanced language IMO... and Paymon will be quantum resistant, a very important feature for the future..

if all this is really done, paymon will become a big player IMO

Radix is NOT a DAG!!!

There are 3 types of architectures with DLT:
1. Blockchains (btc, eth, eos...etc)
2. DAGs (iota, raiden, hashgraph...etc)
3. Radix's Tempo
Post
Topic
Board Economics
Re: what's the easiest way to keep a coin at a fixed price
by
Peachy
on 21/03/2018, 11:21:03 UTC
I always see these "peg to something else" responses and it makes me wonder why no one bothers to ask the obvious question:

If "X" must be pegged to "Y" for "X" to be stable, then what is "Y" pegged to that makes it magically stable?

If enough people (merchants and users) were transacting in "X" then why would they need or care about "Y"?
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Peachy
on 11/03/2018, 13:46:53 UTC

some of his questions are interesting... (not radix lol)

What's wrong with radix? genuinely interested, as I've heard a little about it before and it sounded somewhat non-scam like.
When I last looked it was a target for botnets and sybil attacks and was claiming turing-completeness which is idiotic (verging on scammery).
Ideologically also for me, all alts are irrelevant, not least because of the Lindy effect and centralisation around a weird bloke from Stoke-on-Trent.

Do you know when it was that you last looked? I might take a look myself to see if those things have changed.
end of 2017. ish

Probably not much different then.

"...it was a target for botnets and sybil attacks" 
Response:  Nope.  You didn't fully understand it then which is understandable.  The ver 2 of the Tempo whitepaper will cover how these attacks are mitigated.

"...a weird bloke from Stoke-on-Trent"
Ad hominem isn't exactly a logical way to write off a project.  You might want to post your questions/concerns in the Telegram group.  We are happy to respond to them.
Post
Topic
Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
Peachy
on 09/03/2018, 13:33:54 UTC
There's a 3rd reason for that patent that everyone misses...it's called a pinch, and is probably the most important of the 3.

Assume that our patent ISN'T granted.

Later some bank, or corporation, files a patent that infringes on our tech, and it DOES get granted.  It happens, maybe they worded something slightly differently, had better lawyers due to more money, etc

Then they decide "Hey, lets go sue those Radix guys and destroy the business they have built, cus, y'know, we own their tech now!"

So they come along with a law suit and they have us dead to rights...

But they don't, we can show our patent submission and it's refusal.  So if we really are infringing on their patent, then our patent should have been granted as it has an earlier date and theirs should have been refused.

Law suit dismissed!

With so many banks and corps filling patents and getting them granted, with tech that is arguably public domain in some cases, it made total sense as a defense.

I don't know why so many people have an issue with the patent, it's clearly defensive and allows us to monetise the tech to continue development long term from private licenses, regardless of the open source status for public, non-profit deployments.

Why are you giving this example? Although you say 'assume it isnt granted' i am confused. The radix technology is patented not?

Filed, but not yet granted. 

Patents can take years to grant (yet another broken/slow process looking for potential disruption).
Post
Topic
Board Altcoin Discussion
Re: What happened to Emunie / Radix DLT?
by
Peachy
on 02/12/2017, 14:58:17 UTC
Per the CEO it is schedule to Go Live in 6-9 months.
https://www.facebook.com/183169895566312/videos/190509601499008/

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SYNX] SYNDICATE Ltd | Masternodes, PoS, Community voted projects
by
Peachy
on 14/10/2017, 16:38:45 UTC
SYNDICATE GOVERNANCE


RADIX (Decentralized Exchange) - SRcHjF7aXpt6zw5FmP7E1MypLnoQo29XuK (any amount)

RADIX is a decentralized cryptocurrency exchange/client that does not rely on a third-party service to hold the customer's funds. Instead, trading will be made P2P (between users) through an automated process.
With Radix you will be able to trade with near 0 transaction fees and without worrying with the safety of your funds or relying on a third-party entity. With RADIX you are not required to trust the security or honesty of the exchange since the funds are held by you in your personal wallet.
RADIX will never require for you to disclosure any personal details to anyone.


Caveat emptor:  Do not confuse the above reference of Radix with the Official Radix project
https://www.radix.global/
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Topic
Board Altcoin Discussion
Re: Radix - Tempo Whitepaper
by
Peachy
on 06/10/2017, 22:01:24 UTC
Currently performing large scale testing:  no issues as expected.

50M txn over 48hrs and still roaring ahead.
https://twitter.com/radixdlt/status/916400252701118464
Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
Peachy
on 01/10/2017, 15:02:23 UTC
Now, as an old man, I realize the only thing I can change is myself, and suddenly I realize that if long ago I had changed myself, I could have made an impact on my family. My family and I could have made an impact on our town. Their impact could have changed the nation and I could indeed have changed the world.

I absolutely hate that. I would never idolize crap like that.

And that exemplifies how different we are.

Tend to agree.
“The reasonable man adapts himself to the world: the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”  -George Bernard Shaw
Post
Topic
Board Altcoin Discussion
Re: Radix - Tempo Whitepaper
by
Peachy
on 28/09/2017, 15:09:29 UTC
how will distribution take place? ico?

 ico?
afaik:
- No ICO planned, as everybody will be able to get some RDX for some of its crypto once launched.
- Early backers from previous private internal rounds will just have a bonus factor.

distribution?
afaik:
Elastic supply model and fees for the running nodes activities, managed by the decentralized Radix client.

I think it will be developped in future WP regarding client / economy etc.

What percentage of initial Radix supply will hold developer team?

Answer: The original goal and plan: None.  Not needed.
Post
Topic
Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
Peachy
on 28/09/2017, 12:22:17 UTC
Hi id really like to throw a bunch of btc on radix when can I expect to do so?? Thankyou . love what u guys are doing

You can join the Mailing List here to be informed of any upcoming events.

https://www.radix.global/
Post
Topic
Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
Peachy
on 28/09/2017, 12:20:49 UTC
I like this idea about native debit card you can use at any point of sale with existing infrastructure. So, it means I can have Radix tokens with low volatility index and spend my balance anywhere with card that costs me only $25? No maintenance fees? As I understand Radix converts my tokens to EUR or USD or other fiat currency instantly?

I'll delay posting the detailed mechanics for how the Economics system would work until there is more information (e.g. Economics Whitepaper), but effectively the card would be nothing more than a hard copy wallet of your funds (could also be used for simple cold storage).  It wouldn't convert the funds to EUR or USD as the existing MC/Visa systems do today as that's where the fees are incurred due to using their network.  

Let's be honest. The reason most merchants accept crypto are usually 2 fold:  1: its new and cool and they want to look new and cool. 2: there is a lot of "money" wanting to be spent and they want to get their hands on some of it.  However, that's about the limit of their interaction in the space for most merchants. They fully understand the existing price volatility and thus their rational self-interests compel them not to hold it for longer than necessary and thus immediately convert it to their native fiat after the sale completes.

If, however, that price volatility were to be substantially negated as well as incentivizing them to receive balance increases (interest earnings) on their existing holdings without having to do any Po"X" type of work then they would probably be more than willing to hold Radix tokens.  Not to mention that if their computers are online most of the day verifying network txns that need verifying (with a minimal amount of impact to their computers since the consensus protocol is supremely efficient)  they would also receive earnings payments for their portion of work from the new supply generated.
Post
Topic
Board Altcoin Discussion
Re: Radix - Tempo Whitepaper
by
Peachy
on 26/09/2017, 17:39:33 UTC
It's definitely been a long road, but the results were worth the wait.

You finally now have a solution to end all other projects and their partial attempts at a solution.

The future is now!
Post
Topic
Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
Peachy
on 25/09/2017, 20:44:53 UTC
[...] you must incentivise people to spend their tokens as much as they can.

one dynamic to consider that helps with "spending" (vs "holding") that goes with a crypto that doesn't reward spending directly is:  to the same extent that holding is rewarded, so too is the motivation by merchants to give discounts to those buying with that crypto.  So in theory, spending will be encouraged indirectly because merchants will want to hold that crypto compared to other currencies... and so on throughout the digital economy.  Merchants will have many other reasons besides "interest payments" to give discounts to buyers, too.  So spending Radix probably will happen naturally, IMO.   Smiley

I think it is impossible to encourage spending just by merchant rewards. First, you need merchants to accept technology (it won't happen soon). Secondly, it is impossible that merchants will hold any kind of crypto just for speculative reasons. If you pay with BTC, actually, they are converting it in fiat instantly! Crypto is not in competition with fiat IMO. For everyday use fiat is the best and it will stay.

Well, with our native debit card (which you can also make for yourself for less than $25) that only our system can do without piggybacking onto the Visa/MC network the merchants will be MORE than willing accept it and thus get off the Visa/MC crazy train of fees since our solution is a substantially lower cost (and easier to understand).  Plus, they'll be able to use the existing point of sale terminals as they do for Visa/MC with no need to do anything themselves.


For reference: 
https://www.cardfellow.com/credit-card-processing-fees/#visa
What a labyrinth of fees that the merchant must understand to derive the impact to their margins.
Post
Topic
Board Altcoin Discussion
Re: RadixDLT (formerly eMunie) Discussion
by
Peachy
on 25/09/2017, 18:47:24 UTC
I've read whitepaper 2 times yet can't understand nothing. My blame I'm not a technical guy but reading about how BTC or other crypto (ETH, NEM, Waves etc.) works I was able to understand underlying technology.

I was following this project for about a year and I think it is very interesting to see how it works in reality. Because testing in "lab" environment is not the same as "network effect".

I have just one concern regarding scalability (on par with VISA levels) and rewards to Radix token holders. If you have the best solution for scalability you must incentivise people to spend their tokens as much as they can. But if model of Radix is based on rewarding token holders, theoretically, you can't expect people to spend their tokens. Hodling is encouraged even more because of low volatility index. Having this in mind we just don't need VISA scalability levels in hodling incentivised model. In your situation Radix should motivate its users to spend because of network capacity to scale but I see the opposite - users are incentivised to hodl and receive rewards. As I can understand low volatility (~3%) will prevent from large trading manipulation and holding tokens is much more profitable than day trading?  So, how are you going to solve this problem (if it is a problem for you at all) and encourage people to spend their tokens even if they are aware that they lose their interest? Probably you should reward both sides - holders and spenders. For example, NEM is encouraging users to spend their tokens by increasing user significance on the network. It is logical because you can reach network growth only by rising transaction number. Probably you should rethink your model and incentivise people to spend Radix tokens by rewarding them in some way?

p.s. think about glossary in your whitepaper. It could help not technical people to understand the main concepts.

We can wait for Dan to provide more details, but I can hopefully fill in some of the gaps in the interim as he is supremely busy at the moment writing code and performing optimizations.

This initial whitepaper is merely an overview of the method for how consensus happens (vs. blockchains).  It is not meant to be a total picture for how the Radix "publicly" released product will operate with regards to ensuring supply vs. demand against volatility as well as the reward structures.  Those details will be outlined in the future "Economics" whitepaper that will be released as well.

As for the "lab testing" comment, you should know we are well beyond the testing phase and have already signed up and released the product to our first customer using a "private" version of the technology as part of our partnership with Surematics.   https://surematics.com/







Post
Topic
Board Project Development
Re: RADIX Ledger Tech - potential to be a dsiruptive force to blockchain technology.
by
Peachy
on 25/09/2017, 11:34:11 UTC
Status update:  Whitepaper released today

https://www.radix.global/