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Re: Infinex - PoW & Masternode - Lyra2Z (True DEX over MN with Profit Sharing Soon)
by
jayou
on 08/10/2018, 03:36:59 UTC
Quote from: TFI_in_Discord
More clarification on point 3 about the implementation details & security provided with public private key & password method.

When users first use InfiniDEX app, app would automatically generate unique public private key inside users PC. As it's a newly generated key, users would be prompted to input a password for the account.
The input password would be hash & ONLY THE HASH VALUE would send over to DEX network together with the public key & signing of the message using private key.
With that, nobody would know what your actual password is except for yourselves (as some users would always use the same password for every different platform thus we would like to prevent password leak issue)

Using above method, the verification of users identity would be through the signing of message using private key with password hash value in it & with the public key inside DEX network to verify users.
It added security where anyone who have access to your PC, without your password, won't be able to do anything with your account.
Anyone without your private key won't be anything to hack your account at all.

Ultimately, safekeeping public private key file & your own password is the only thing that you need to do.
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Topic
Re: Infinex - PoW & Masternode - Lyra2Z (True DEX over MN with Profit Sharing Soon)
by
jayou
on 08/10/2018, 03:34:10 UTC
Quote from: TFI_in_Discord
Some update for everyone on changes that is being worked on for InfiniDEX

1) First one is more of low level changes that need to be done & can't be changed once DEX goes LIVE.
It's about categories of messages that are being sent & received between nodes.
Current Bitcoin core have around 30 types of messages, so every time a node receive a message, it would loop through every single possible category before deciding where it belongs to.
Looping through 30 categories (although can be considered quite a lot) but as number of messages between nodes is not so much so its working fine.

For our DEX, currently we have around 100 categories of messages just for DEX alone (which is still growing).
Moving forward, as more traffic move up between nodes for DEX live processing (something like number of processes per second), looping through hundres of categories for every message would sooner or later cause performance hit in the speed of processing.
With that, we have implemented direct routing for messages categorisation so it should help with performance in the long run

---------------------------------------------
2) This is more of a value (limiter) setup with value changes could be done from network. Its something like max number of messages of same category could be in single transfer, number of histories to display for users & others.
Previously we hardcoded the limit for those but we think moving it to changeable value should be better.

3) Currently CB implement login using something like username & password in private key form (which seriously I don't think anyone can remember the private key thus most of the people stored the key somewhere & copy paste it).
We don't think that its safe, thus the way we plan to implement is by using password defined by you (first usage of DEX), along with private key inside your computer to verify your identity. Your password won't be saved in the network (as we would only get the hash value generated from password & verify it). With that, for multi devices access, you would only need to copy the private key file to all your devices that you want to access.

4) Something that we plan but haven't really think of how to implement yet (need to read Bitcoin source code first to find the function). It's more of continuity for point 3. Transferring private key file is a hassle & could prove to be difficult to transfer it from PC to possibly mobile device app (which we haven't develop yet but definitely needed in the future). With that, we are looking to apply HD key (seed key, where users input 12 unique letters to generate key, something like hardware wallet). By using HD key, it would be easier for users to have access to their account on multiple devices.


This conclude the update for today & more frequent update will be coming.
Have a good day @everyone
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Re: Infinex - PoW & Masternode - Lyra2Z (True DEX over MN with Profit Sharing Soon)
by
jayou
on 25/09/2018, 01:16:57 UTC


 .----------------.  .----------------.  .----------------.
| .--------------. || .--------------. || .--------------. |
| |     _____    | || |  _________   | || |  ____  ____  | |
| |    |_   _|   | || | |_   ___  |  | || | |_  _||_  _| | |
| |      | |     | || |   | |_  \_|  | || |   \ \  / /   | |
| |      | |     | || |   |  _|      | || |    > `' <    | |
| |     _| |_    | || |  _| |_       | || |  _/ /'`\ \_  | |
| |    |_____|   | || | |_____|      | || | |____||____| | |
| |              | || |              | || |              | |
| '--------------' || '--------------' || '--------------' |
 '----------------'  '----------------'  '----------------'

Post
Topic
Re: Infinex - PoW & Masternode - Lyra2Z (True DEX over MN with Profit Sharing Soon)
by
jayou
on 24/09/2018, 23:15:54 UTC
Quote from: TFI_in_Discord
@everyone

Good day everyone!

I'll be shifting to new Home Office this Thursday (to prepare for new chapter in life end of the year :grinning: )
Initial plan to launch InfiniDEX Beta on Wednesday seems to be very tight as there are quite a number of relocation going on & I don't want to affect the support during release.
Thus I hope for patience & understanding from everyone to wait for few more days as I would push InfiniDEX Beta to release on Monday (01 October 2018) instead.

Hopefully we are the first to release true DEX over MN.

Lastly as per queries in channel about the DEX reward for MN holder, for more clarity:
* The reward is 50% of total trade fee collected & split for MN holder.
* Reward would come in BTC, ETH, DOGE (whatever the subpair is), e.g. IFX/BTC - subpair is BTC; IFX/ETH - subpair is ETH.
* InfiniDEX Beta would start with 0% trade fee (to attract users).
* Kindly wait for official announcement (in 1 month time) for MN holders to update their core Wallet & MN side node.
* After update, users would be provided with new field in core Wallet to input their receiving address for the trade fee (start with BTC, would auto add everytime new subpair added).
* Trade reward would be accumulated & distributed in fix interval automatically.
* Pro-rate distribution are calculated for MN who start late during the month or terminate the MN halfway (fair for everyone).

With this, updated countdown timer as below:
https://www.timeanddate.com/countdown/launch?iso=20181001T08&p0=236&msg=InfiniDEX+Beta+Launch&font=sanserif&csz=1

Once again, thanks everyone for being with Infinex.
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Re: Infinex - PoW & Masternode - Lyra2Z (True DEX over MN with Profit Sharing Soon)
by
jayou
on 16/09/2018, 23:50:17 UTC
Latest commits were on April... nothing to improve? Smiley
For those following Discord, you have already seen members have voiced their security concerns of dex codes being too open.  As a result, since Apr onwards, commits have gone to a private repo.
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 10/05/2018, 07:35:31 UTC
how to setup several MN in one wallet? do I have to run any additional scrypt commands besides adding the new info to the masternode config file?
After setting up a new VPS with the masternode installation, add the necessary information on the second line of your masternode.conf file in your wallet.
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 28/04/2018, 03:32:17 UTC
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Topic
Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 24/04/2018, 05:59:37 UTC
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Topic
Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 12/04/2018, 03:22:59 UTC
Is it possible to mine IFX into solo? Is there information about it?

I believe getwork is disabled in the core.  Hence the only other way is to create your own stratum server.
That's all the information I have.
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 10/04/2018, 12:38:45 UTC
So guys, how are things going? Everything working out as expected? Keep some updates here on BCT please and not go for the discord way Smiley
All is good.  Dev team is working hard in development of InfiniDex.  Latest update is will target for Alpha testing end of this month.  We will update you guys the progress as we progress along these few weeks.
It will be exciting times for our first proof of concept of an application layer over the MN network!

Some very minor update about InfiniDEX internal module test.

As per our coding layout, we separate InfiniDEX into multiple modules as below (together with testing status):
* Coin: base, code more or less done, not much to test
* Trade pair: base, code more or less done, testing done on limiting minimum & maximum trade amount, setting of trade fee
* Deposit: testing pass, dummy test of 100,000x deposits of different amounts with unique dummy users and dummy coins completed within second with tallied amount between input & output
* User trade intention: testing pass with small amount of record, will proceed with random generation of million of trades to test, tallied user available balance before capability to submit trade
* Actual trade: testing pass with small amount of record, will proceed with random generation of millions of trades to test, target is tallied amount between input, output & trade fee
* User cancel trade request: testing pass with small amount of record, more test to follow
* Market trade history: not yet
* User trade history: partial code done
* Chart data: partial code done
* Order book: partial code done
* Withdrawal: only base logic, preparing to code
* Wallet info: only base logic, preparing to code
* Market overview: haven't start
* Node assignment: only base logic, preparing to code
* User connection: not yet
* Node to node connection: not yet

https://discordapp.com/channels/399212623335260162/399216960585334784
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 05/04/2018, 09:48:31 UTC
So guys, how are things going? Everything working out as expected? Keep some updates here on BCT please and not go for the discord way Smiley
All is good.  Dev team is working hard in development of InfiniDex.  Latest update is will target for Alpha testing end of this month.  We will update you guys the progress as we progress along these few weeks.
It will be exciting times for our first proof of concept of an application layer over the MN network!
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 23/03/2018, 13:41:37 UTC
Infinex signature campaign is end?
yes, we have paid out the bounty.  can you confirm that you have received please?
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 22/03/2018, 01:09:20 UTC
Currently InfiniDEX development is in progress.

More information about why you should choose Infinex Masternode:
https://www.infinex.info/infinex-masternode

Planned roadmap:
https://www.infinex.info/roadmap

Infinex Official Discord:
https://discord.gg/2PpuNSe
Can I join the Infinex signature campaign, dev?
I spend couple of minutes to read Infinex roadmap, which is promising one and the project seems to have huge potential. Congratulations.

please check your pm.  thanks
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 21/03/2018, 23:53:08 UTC
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 21/03/2018, 15:19:57 UTC
Well i like the approach you guys are showing and actually focusing on development which will bring use cases and value to Infinex! Well done and take your time!
Thanks!  Your kind words will definitely motivate the dev team!
Regards,
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 21/03/2018, 00:02:17 UTC
when list coinmarketcap already listining exchange.
We have applied to cmc and waiting for a reply.  Probably need to meet their minimum daily trading volume before it gets approved.
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 20/03/2018, 07:57:55 UTC
Just to fill you up with some updates from our dev team.  They are busy writing up the objects and classes for InfiniDex as we speak.  Good progress so far and the basic objects should be ready in 1 to 2 weeks time.  After that happens, the focus will be on coding the security implementation and communication between the nodes.

While we wait, we are open to suggestions on the look and feel of InfiniDex.  If you have any GUI examples which you really like, do feedback to us.  We are open to hearing from you with regards to the following:-

- color theme, gradient, etc
- font type and color
- layout structure
- functionality

The focus from the dev team will be coming up with a native app for both Windows and Mac for the first launch.  Android will be at a later stage after the former is launch.  Thanks vm.
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 19/03/2018, 23:14:41 UTC
This looks like a good project but lets say this coin goes up to $10 in a year or two. What happens to this coin/MN when the miners disappear due to the increased difficulty and decreased reward?

The fact the price goes up would usually mean the value of the network has gone up.  Miners will not disappear.  In fact, more miners will jump into it to mine as the price has increased.  InfiniGuard will retarget the difficulty such to find a balance between the reward and number of miners.  We would expect many more MN to come in when the network has more value as well.  Likewise, the reward is a function of price and number of MN out there.  On top of that, transaction fees derived by our application on top of Inifinex will be distributed back to MN holders as well.
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 19/03/2018, 10:11:46 UTC
Can those who have joined our signature bounty please update the google spreadsheet on the number of postings you have contributed, please?
We will be paying out the bounty soon.  Thanks.
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Re: Infinex - PoW & Masternode - Lyra2Z Asic Resistant - Ultra Low Premine - LIVE
by
jayou
on 10/03/2018, 03:41:53 UTC
Additional info about why you should choose Infinex Masternode
https://www.infinex.info/infinex-masternode

Planned roadmap
https://www.infinex.info/roadmap

 Smiley
Thank you sohard4me. Would you mind showing me link to join Infinex signature campaign, please. I highly appreciate your constructive thread.

Infinex Bounty:-
You can get Infinex Coins by using our signature on Bitcointalk forum. To be rewarded, some rules
have to be respected :

- Post in the Alt-coin section with Infinex signature.
- Your posts have to be constructive and with at least 70 characters.
- Campaign will run from 1 month starting from 21-Feb-18
- The rewards will be sent out after the campaign end.
- You need to be at least a Member Ranking and above to take part
- The rewards will be distributed according to your rank :
- Member and Full Member ~ 0.25 IFX per post (cap at 10 IFX)
- Full, Hero and Legendary Member ~ 0.5 IFX per post (cap at 20 IFX)

You need to sign up at
https[Suspicious link removed]7Gc7pf3pqvVr05naikpry8JG22Krahyjg-8_MiK6Fvdow/viewform?usp=sf_link
The Bitcointalk Infinex signature template is attached in the form.  Copy and Paste to your Bitcointalk profile.

You need to sign up at h tt p s
//docs.google.com/forms/d/e/1FAIpQLSexe7Gc7pf3pqvVr05naikpry8JG22Krahyjg-8_MiK6Fvdow/viewform?usp=sf_link
The Bitcointalk Infinex signature template is attached in the form.  Copy and Paste to your Bitcointalk profile.

Above it the signature template and info.  Cheers!