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Showing 20 of 24 results by TechGen
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Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
TechGen
on 30/10/2014, 16:16:55 UTC
There should be some news coming soon. I've got 100% confirmation that a major social gaming co is dropping it's counterparty partnership in favor of clearinghouse. This is huge because it's not just some new company, they are major and their products are household names. From what I have read and received, this company is no stranger to digital currency and was one of the first big names to accept bitcoin. I've already bought on the rumor and wanted to shed some light here based on sheer speculation of course. This should be huge for the community and will likely set the precedent for many others to follow. I don't want to say too much because I received the info from a close friend of mine. However, he didn't exactly tell me not to say anything  Wink
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Topic
Board Altcoin Discussion
Re: Overstock and CounterParty....much news.
by
TechGen
on 29/10/2014, 20:47:03 UTC
not sure why he chose slow-ass counterparty.

Just tried to buy some, and yes it sure is slow. 

I thought waiting 1-3 minutes on NXT was painful, but this is terrible. 

It is my guess that part of that work the devs will be doing on Mecidi has to be to make transactions really fast, like instant or this isn't going to work.  The could design some kind of mini-block chain that has one second block times and then after the transactions get sent to the Bitcoin blockchain and they are confirmed then the Mecidi side chain is pruned free of all the old bloat. 

This helps me understand why clearinghouse is actually better. Not trolling but true.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XCH] ★ ClearingHouse - Freedom by Blockchain ★
by
TechGen
on 29/10/2014, 19:23:44 UTC
Hi XCH community,

I just made a Clear wallet account and first off, I'm impressed by the 'smoothness' of clearinghouse. 

Devs or community sorry if the following have been asked before but I was wondering...

  • Is there any potential for ClearingHouse to be an actual decentralized exchange in the future? I mean, I can see that tokens can be traded as far as I'm aware, but I'm talking about on a scale of an exchange like Bittrex or early days of Mintpal? I would just feel safer storing my coins on a decentralized exchange instead of worrying if my coins will still be in whatever exchanges I left them in when I wake up in the morning
  • Will more games be added? R-P-S is a great way to earn (or lose) tiny amounts of XCH, but other games that let you bet more XCH would be nice.

Thanks for your time.

i wish someone would make a blockchain based blackjack game, that would be so nice

Soon, but not blackjack. Poker, and much sooner than you expect.
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Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
TechGen
on 29/10/2014, 18:58:23 UTC
Perhaps the news of Federal Reserve stopping the QE3 caused the bitcoin drop which triggered the Darkcoin drop? I have a feeling that this short term optimism about market recovery isn't gonna last long Smiley

http://i.imgur.com/9Q8QxKX.png

full article: http://rt.com/usa/200523-quantitative-easing-end-yellen/

Sorry but this "theory" is just plain silly.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
TechGen
on 29/10/2014, 18:15:40 UTC
Viacoin and xch just became the first alt coins in my portfolio. BIG things coming you guys!! Get ready for it.
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Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
TechGen
on 29/10/2014, 18:09:19 UTC
Darkcoin was one of the first alt coins I ever heard of aside from Dodge. This coin has some long term potential in my opinion. I really just starting looking into it more recently, and what I have noticed is that so many alt coins have promised anonymity and it seems in essence baseless. It is my understanding that Darkcoin remains one of the very few alt coins that may actually be able to hold good on it journey to real anonymity. I may just have to add this gem to my portfolio soon!
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Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
TechGen
on 29/10/2014, 17:47:13 UTC
Where are the xcp developers? Do they frequent this forum?

Search the last pages of the thread for posts from PhamtomPhreak and xnova.

Awesome, thank you.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
TechGen
on 29/10/2014, 17:01:22 UTC
Where are the xcp developers? Do they frequent this forum?
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XCH] ★ ClearingHouse - Freedom by Blockchain ★
by
TechGen
on 29/10/2014, 16:47:41 UTC
I'm finally happy with my via position. ViaCoin, along with xch represent my first ever alt coin positions. And let me say this: those of you who have been buying/holding these coins are soon going to be very happy as ViaCoin is on the cusp of real world adoption.
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Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
TechGen
on 27/10/2014, 21:43:20 UTC
Clearinghouse is not on Bitcoin. You're either on Bitcoin or you're not and Clearinghouse is not. It could be made to work with Bitcoin because Clearinghouse is a clone of Counterparty, but then, Counterparty is already on Bitcoin. If being on Bitcoin were not such a huge advantage the Counterparty developers could move it to another chain in a day or so. They won't because there is absolutely no reason to be on another chain, but it is possible. Any flexibility and security feature that Clearinghouse has, it has because the Counterparty developers wrote the code and open sourced it on GitHub so that other people could use it as well.

There are  plenty of reasons to be on another chain.  Faster blocks, friendly relations with chain devs, quicker/better implementation of new features/bugfixes/etc.

Your absolute denial of them makes your position less reasonable and thus weaker, not stronger.

As for the forced choice between "either on Bitcoin or you're not"...treechains are coming!

http://bitcointlv.com/en/Agenda/Day-2-October-20

Yes, this is what I'm learning. I will say for certain, I know that a big social gaming co might be the first to make this jump to clearinghouse. From what I'm told, they simply weren't happy with counterparty for whatever reason. Though they haven't ruled out counterparty, they seem to be more intrigued with clearinghouse. I have no idea when this will happen, but I'm told the first move will be merging a type of betting game on the platform as an experiment. I was also told that they are even exploring offering company shares through the platform as well. Meanwhile, I'm still just sitting here trying to figure it all out.

Is there any way of proving this whatsoever?

Check your messages, that should provide all the proof you need.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
TechGen
on 23/10/2014, 14:38:06 UTC
Clearinghouse is not on Bitcoin. You're either on Bitcoin or you're not and Clearinghouse is not. It could be made to work with Bitcoin because Clearinghouse is a clone of Counterparty, but then, Counterparty is already on Bitcoin. If being on Bitcoin were not such a huge advantage the Counterparty developers could move it to another chain in a day or so. They won't because there is absolutely no reason to be on another chain, but it is possible. Any flexibility and security feature that Clearinghouse has, it has because the Counterparty developers wrote the code and open sourced it on GitHub so that other people could use it as well.

There are  plenty of reasons to be on another chain.  Faster blocks, friendly relations with chain devs, quicker/better implementation of new features/bugfixes/etc.

Your absolute denial of them makes your position less reasonable and thus weaker, not stronger.

As for the forced choice between "either on Bitcoin or you're not"...treechains are coming!

http://bitcointlv.com/en/Agenda/Day-2-October-20

Yes, this is what I'm learning. I will say for certain, I know that a big social gaming co might be the first to make this jump to clearinghouse. From what I'm told, they simply weren't happy with counterparty for whatever reason. Though they haven't ruled out counterparty, they seem to be more intrigued with clearinghouse. I have no idea when this will happen, but I'm told the first move will be merging a type of betting game on the platform as an experiment. I was also told that they are even exploring offering company shares through the platform as well. Meanwhile, I'm still just sitting here trying to figure it all out.

Is there any way of proving this whatsoever?

I'm gathering more details as we speak.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XDP] dogeparty - a layer on the Dogecoin network for new coins
by
TechGen
on 21/10/2014, 19:16:07 UTC
There is a doge counterparty too, you've got to be kidding me. How many of these are there? xdp xcp xch? Dogeparty must be a joke.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
TechGen
on 21/10/2014, 19:09:30 UTC
Clearinghouse is not on Bitcoin. You're either on Bitcoin or you're not and Clearinghouse is not. It could be made to work with Bitcoin because Clearinghouse is a clone of Counterparty, but then, Counterparty is already on Bitcoin. If being on Bitcoin were not such a huge advantage the Counterparty developers could move it to another chain in a day or so. They won't because there is absolutely no reason to be on another chain, but it is possible. Any flexibility and security feature that Clearinghouse has, it has because the Counterparty developers wrote the code and open sourced it on GitHub so that other people could use it as well.

There are  plenty of reasons to be on another chain.  Faster blocks, friendly relations with chain devs, quicker/better implementation of new features/bugfixes/etc.

Your absolute denial of them makes your position less reasonable and thus weaker, not stronger.

As for the forced choice between "either on Bitcoin or you're not"...treechains are coming!

http://bitcointlv.com/en/Agenda/Day-2-October-20

Yes, this is what I'm learning. I will say for certain, I know that a big social gaming co might be the first to make this jump to clearinghouse. From what I'm told, they simply weren't happy with counterparty for whatever reason. Though they haven't ruled out counterparty, they seem to be more intrigued with clearinghouse. I have no idea when this will happen, but I'm told the first move will be merging a type of betting game on the platform as an experiment. I was also told that they are even exploring offering company shares through the platform as well. Meanwhile, I'm still just sitting here trying to figure it all out.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
TechGen
on 21/10/2014, 18:43:09 UTC
Ok, I think I understand. What I don't quite get yet is why would, say a gaming company, launch a gambling game on clearinghouse opposed to counterparty? I'm told because clearinghouse is much faster? Sorry if this is off topic.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
TechGen
on 21/10/2014, 18:16:32 UTC

I just went to clearinghouses page and it says they are based off the counterparty protocol and also run on the bitcoin blockchain. In other words they are a counterparty clone without the exposure and interest of big companies. As far as which is better? Well if they are clones then from a technical standpoint both are pretty much the same, the big difference will be in the people who are the lead developers of the coin and also the "community" of the coin. In the case of counterparty, the CEO of Overstock specifically said in his speech that he went to a bitcoin conference, met the counterparty guys "randomly" and had such a good connection with the devs he decided on the spot that he wanted to work with them.

Clearinghouse runs on the Viacoin blockchain not BTC.

I stand corrected, in that case Counterparty is definitely better to choose since the crypto ecosystem is starting to show as such that anything running on the ultra secure bitcoin blockchain is better than starting a new blockchain or using one less secure.

But from what I understand, isn't clearinghouse compatible with, but not reliant on the bitcoin blockchain? Giving it flexibility and security? Sorry if this is a dumb question, I'm a novice.
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Board Announcements (Altcoins)
Re: [ANN] [XCH] ★ ClearingHouse - Freedom by Blockchain ★
by
TechGen
on 21/10/2014, 18:09:09 UTC
To be honest, I really don't know much about it. I have a friend who works for the company and he's been trying to teach me some of this crypto currency stuff. From what I understand so far, the company is going to use EITHER counterparty or clearinghouse, though I am still trying to understand it all.

What I do know is that they have been entering the gambling space for some time now and most of their work is social gaming. He says they have already talked with counterparty, which is what led them to look at clearinghouse because they had some issues with the counterparty developers, and overall speed of the network for what they are trying to do is my understanding. He said gaming is part of it but that they would ultimately offer shares through one of these platforms much like overstock is trying to do.

It's all speculation right now, I don't know anything else at all just yet. He tells me it's been in the works well before overstock's announcement. I'm just trying to learn so I can potentially get in on it. That's why I was asking about how to buy viacoin and xch. I have only ever bought bitcoin so this is all new to me. However, like I said, I don't know if clearinghouse will even be part of it, that's what I'm trying to find out.
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Topic
Board Altcoin Discussion
Re: Overstock and CounterParty....much news.
by
TechGen
on 21/10/2014, 16:50:28 UTC
Very helpful, thank you. Yes I found the main thread now I believe, still trying to figure this forum out.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XCH] ★ ClearingHouse - Freedom by Blockchain ★
by
TechGen
on 21/10/2014, 16:29:14 UTC
Checking into it now, thanks! If anyone wants to chime in on my other questions it would be greatly appreciated.
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Topic
Board Announcements (Altcoins)
Re: [ANN] [XCH] ★ ClearingHouse - Freedom by Blockchain ★
by
TechGen
on 21/10/2014, 16:21:30 UTC
Hi guys, I'm new here. I was trying to learn about clearinghouse and didn't realize it had it's own thread. Are there any companies who list their shares on here right now? Or even better, has any gaming entity made the shift yet? I'm hearing some things about one that is eyeing clearinghouse and didn't know if they had begun yet or not. I'm digging for more details as I type. Also, can I buy, from what I understand, clearinghouse currency? via? xch? If so how and where? (I already own bitcoin) Thanks!
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Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
TechGen
on 21/10/2014, 15:55:33 UTC
That makes sense, thanks guys. This is all very new to me still.