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Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
td services
on 06/10/2017, 10:33:07 UTC
Thought I'd give people here a heads up.

This has been posted and the Bancor project leads may want to take action on it, https://www.txsrb.org/single-post/2017/10/05/Is-Bancor-an-Illegal-Entity

Here is an interesting article on the founder of txsrb, http://www.huffingtonpost.com/2012/07/30/john-gotts-gop-kansas-idaho-house_n_1721167.html

The following are examples of the emails they have been sending to projects threatening to label them as toxic if they don't join their organization, and was an attempt to capitalize on fear from the events in China to further pressure people and projects into joining their organization:

Quote
IMPORTANT:

With China placing a halt on all ICOs, the Russian, Ukrainian, and US SEC recent reports and announcements, there is a level of uncertainty for some coins' lives moving forward. The Token and Exchange Self-Regulatory Body has already opened and we're assisting with the compliance efforts. A list of clean coins has been posted on the website and a list of toxic coins will be posted September 14th. TXSRB members will then vote on standardization and which coins are deemed clean or toxic. We want to make sure all the toxic coins have the ability to clean themselves by that date to show an effort of compliance. If you would like to discuss more via phone, please book a time in my calendar.

TXSRB membership is FREE and encouraged to better self-govern our space. 

Brian Masterson
Global Director | Revived Division
Stokens Inc. | Stokens.com

m 419.260.0245
brian@stokens.co

This article they promote, http://www.huffingtonpost.com/entry/this-is-why-digital-currencies-need-a-self-regulating_us_5993709ee4b0afd94eb3f5c0 , claims the SEC is an industry self regulating body:

Quote
The SEC is not a government agency, rather they are a self-regulating body that was created by the member exchanges to protect and educate the public about securities. Similar agencies exist around the world providing the same service to their own citizens as the SEC does in the United States.

This article is full of name dropping, trying to create a sense of consensus and association among prominent figures in crypto where it most likely does not exist. Their marketing materials they send to prospective members are full of similar references trying to stimulate a "jump on the bandwagon" effect.

What this group is trying to do is seize control of the entire crypto industry in the US, setting themselves and their members up as gatekeepers, just as the American Medical Association did with medical care as a lobbying association for doctors in the 1800s.

I would recommend anyone or any projects mentioned by The Tokens & Exchange Self-Regulating Body (TXSRB) to disassociate themselves from them as soon as possible.

I, for one, will not do business with any project or person who is associated with TXSRB in any manner.
Post
Topic
Board Announcements (Altcoins)
Re: [NST] Nest | PoS | - Official Thread Connect to the world
by
td services
on 18/08/2016, 05:12:17 UTC
penguin wizzard fellow
why does this thread have so many 'views'?

I was wondering the same. Never heard of this coin and it's not on any major altcoin exchanges  Huh

I was wondering this as well. Maybe someone set up a bot to keep viewing posts to bump the view count.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
td services
on 17/08/2016, 05:49:38 UTC
The genesis delegates are run by the Lisk team to stabilize the main network while forking issues resulting from voting changing the ranking of the delegates are worked out. These will be down-voted and replaced with community run delegates when forging with block rewards actually starts.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
td services
on 16/08/2016, 20:03:38 UTC
I think if your view of the crypto space isn't so myopic as short term price (1 week time frames) ranges, whether a coin will pump immediately you'd find that the discussion really has to do with the crypto space as a whole. If you have a general understanding of LISK everything they talked about impacts LISK.

The governance, philosophical and intellectual ideas Hoskinson has towards the entire crypto space will directly influence LISK as a senior advisor.

Personally, he very briefly discussed the 'tribes' and factions that have come out of ETC/ETH debate. I immediately thought that in relation to LISK the logo doesn't clearly define an attraction to a certain group of people. I think an overhaul will come, any marketing professional will quickly change the entire marketing look and feel to attract more people adopting a more populous approach.

Hoskinson definitely has a "code is law" bent, which I personally agree with. I think human behaviour even if you do the right thing 99 times out of hundred depending on the mental, physical and overall health of the people involved they can slip up and make bad decisions. The 1 bad choice out of 100 can have massive impacts.  I personally think Vitalik was under a lot of pressure to do the right thing with probably a million voices influencing his decisions.

If Vitalik had left it alone, I am 99% sure a better (moral) hacker would have solved the problem without forking the chain.

If you want Hoskinson has talked at length about LISK and his reasons for joining. Here: https://www.youtube.com/watch?v=FIMk-A7L8S4

EDIT: at the 32 minute mark, they talk about LISK vis a vis ETH.

But as you'll see in the video it's about the entire space, LISK will be moulded in relation to the entire space and what works best with the team they put together. The best companies solve problems identifying the need for side chains and other code bases definitely has it's place.

Reading the white paper and listening to different interviews, there are some very smart, talented and well intentioned people on board.



Thanks for the markers to watch at. You are right, that ETC will likely have an impact on Lisk given Charles's involvement, in that IOHK would be a strong candidate to port EVM over to Lisk as a blockchain app connected to Lisk. Lisk may even have ETC integration, though it would make business sense to have ETH integration as well. ETC does have some strong support in the Lisk community. My own preference is for ETH, but the market and ability for ETC to gain developer support and organize will be the deciding factors.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
td services
on 16/08/2016, 19:53:56 UTC
Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.

You really get it. What helped you the most to understand Lisk?

I was already knowledgeable about Crypti, and have continued following Lisk.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
td services
on 16/08/2016, 19:52:46 UTC

While there is competition to become a delegate for the main chain, there will be plenty of demand to run delegates for the sidechains.


Thank you for your answer; however it is earning Lisk I am interested in, and since it's almost impossible to become a delegate of the main Lisk blockchain, can you point me to a sidechain which will allow me to earn Lisk for securing it?

You will probably have to wait a few months for opportunities to run delegates for sidechains. It is a good time to set up a delegate to run on the testnet so you can gain experience. Also, it will depend on the sidechain as to whether they reward delegates in Lisk or their own token, which would need to be exchanged for Lisk or other currency of your choice.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
td services
on 16/08/2016, 18:45:12 UTC
My interview on Epicenter Bitcoin https://youtu.be/5040I0PW7rc enjoy everyone
Really liked your interview. Thanks for sharing  Cool

Is Lisk discussed anywhere in it? Don't have time to watch the whole thing, and not at all interested in ETC. Thanks, if you can save me the time, would definitely want to see any discussion on Lisk.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
td services
on 16/08/2016, 18:42:01 UTC
Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.

You really get it. What helped you the most to understand Lisk?

Ok thanks for your clear answer. I don't find this elegant though, as if I am a fan of Lisk, I don't want to have anything to do with Ether,

I guess Lisk should have some kind of catchall sidechain for all small apps and simple smart contracts...

Also say I am a small guy with no big ideas and no desire to invest a lot of energy in this, can I, somehow, still earn Lisk by staking in any way or do I absolutely have to play the whole political game to become a Delegate?

While there is competition to become a delegate for the main chain, there will be plenty of demand to run delegates for the sidechains.

Running EVM as a blockchain app tied to Lisk is not the same as tying Ethereum directly to Lisk. It is more like forking Ethereum to run as different application for its smart contract functionality to run independently as a Lisk app.

It is also quite possible that someone may develop a GUI to create smart contracts which run on Java Script with a consensus system on a dedicated set of delegates developed for that purpose.

Also, please keep in mind that even with EVM running as a blockchain app on Lisk, any hacks or failures would be confined to that app and would not impact the main Lisk chain or anything else connected to it.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
td services
on 16/08/2016, 17:01:43 UTC
Yes. This is why there will be a market for a blockchain app to implement simple smart contracts and other functions which wouldn't really warrant creating a sidechain just to run by themselves. For this reason, Ethereum and Lisk are not really competitors, other than Lisk can run EVM as a blockchain app tied to the main Lisk chain.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
td services
on 16/08/2016, 16:24:17 UTC
Can someone explain me how could sidechains replace ethereum's smart contracts in Lisk?

I think those 2 things are very different. Does this mean that for every Dapp with Lisk one has to download another sidechain blockchain?

Lisk blockchain applications are different from Ethereum smart contracts, although Ethereum Virtual Machine (EVM) can run as a Lisk app with its own delegates.

Lisk apps run as sidechains which can receive and send Lisk from a multisig address on the main Lisk chain.

They can use Delegated Proof of Stake like the main Lisk chain, but with their own set of delegates, or they can use a different consensus mechanism.

Whether or not the user of a Lisk blockchain app has to download the sidechain for that app depends on how the developer designs the client and GUI for that app.
Post
Topic
Board Announcements (Altcoins)
Re: 💰(LIR)💰 LetItRide💰 Dice Tournament LIVE💰 3+BTC in LIR PRIZES💰 Join For FREE
by
td services
on 16/08/2016, 15:58:55 UTC
Thanks for the detailed update shogdite. I've noticed less negativity and accusations since the post. Lets see how things progress!

Well his claim to not be able to refund everybody is bollocks. He need only divide the btc he has left from the quarter of a million dollars you gave him by the number of coins in circulation and he could use that price as the buy-back level. That way everybody who wants to recover some of their money can do so and those who want to chance it with people who lied about using bought accounts and sold them a cheap web-script dice game, are able to leave their money with the fraudsters.

By stating that he is only negotiating with the ten largest holders he is essentially letting them choose to walk away with no loss while the rest of you have to just swallow whatever these crooks deign to give you from this point forward.

Even then you have no proof the coins he is 'refunding' aren't mostly his and the other 'dev'. Considering they lied to you from the outset, what reason do you have to believe them now? They've had more than enough opportunity to move the market up and down intentionally to play you all and accumulate cheap coins they can now sell back to themselves for your btc at ICO price and walk away as just an 'honest investor who got a refund'.


My proposal would be:
(1) Initiate a period (few days/a week or so) of collecting the LIR holders who want to be refunded - they would need to send their LIR to an escrow address
(2) Refund proportionally all LIR holders from (1) with BTC from ICO
(3) If any BTC remains, use it for LIR development - I guess there still will be some LIR holders that will believe in this project, but anyone can decide

[Edit] Obviously, no preference for top 10 investors. Why are they better than all the others?

And how much this top invest?



Who knows...

The most important information in this procedure would be:
-BTC available for refunding
-LIR collected for refunding
-max refund price=ICO price

Then everybody can decide what to do

It also seems that by not offering the refund to everyone who was in the ICO, it makes it a lot harder for smaller investors to verify that any refunds actually went to to investors who weren't insiders on the project. The accounts receiving the refunds could actually have been used to shill the ICO to begin with with recycled BTC from the ICO or from other holdings of the founder, so the founder is in effect only refunding himself.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
td services
on 17/03/2016, 19:00:58 UTC
For reference, since newsBTC article has been removed,

Google cache of http://www.newsbtc.com/2016/03/17/counterparty-brings-ethereum-smart-contracts-bitcoin-blockchain/ :

Quote
Counterparty Brings Ethereum Smart Contracts To Bitcoin Blockchain
Posted on 11:00 am March 17, 2016 Author JP BuntinxCategories Bitcoin, News



In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative - a port of the Ethereum Virtual machine code and modified to use the Bitcoin blockchain - was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.

For quite some time now, developers and digital currency enthusiasts have been looking for a way to run smart contract technology on top of the Bitcoin blockchain. Although this service is provided by BitHalo already – and soon by Rootstock as well – Counterparty was among the first to port Ethereum smart contract platform to Bitcoin back in 2014.  After perfecting this functionality on the Counterparty testnet for quite some time, the team will be launching this Ethereum Virtual Machine to the mainnet today.

Also read: Lisk Raises Over 1.9 Million USD – Establishes Partnerships With Microsoft Azure and IoT Research Lab Chain of Things
Counterparty Explores Ethereum Virtual Machine on Testnet

To get people more excited about this announcement, it is time to take a look at what Counterparty has been trying to accomplish over the past 15 months. Keeping in mind how Counterparty was designed to extend the Bitcoin protocol by focusing on peer-to-peer finance on the blockchain, it only makes sense the team focuses their attention on Ethereum smart contracts as well.

However, there was a glass ceiling for this functionality, as the smart contracts had to be hard-coded into the protocol reference client, which is the same limitation Bitcoin has been facing for this technology since day one. Writing smart contracts which can be executed whenever wanted or needed is the ultimate goal, but until the Ethereum Virtual Machine came along, that was almost impossible to achieve.

On the technical side of Ethereum, there is a significant focus on automating smart contracts, which remove the need for human interaction to verify the outcome of agreements. No hard coding is necessary, as there is a virtual machine at the disposal of users to create new contracts. Having that type of functionality in the Bitcoin ecosystem would be a significant step forward to make the leading digital currency more legitimate.

In November of 2014, Counterparty Contracts was launched, which let users write Turing Complete smart contracts into the Bitcoin blockchain, with the code being executed on every Counterparty node. This initiative – a port of the Ethereum Virtual machine system and modified to use the Bitcoin blockchain – was open sourced on GitHub and available for public testing on the Counterparty testnet for over a year.

One of the biggest challenges was making sure Counterparty was compatible with the Ethereum contract language, although the team managed to pass that test with flying colors. Some minor incompatibilities were identified, but after months of hard work, everything has been ironed out.
Mainnet Deployment Is Big News For Bitcoin

Now that Counterparty is ready to launch their smart contract solution for Bitcoin on the mainnet, things will get absorbing for all parties involved. Bitcoin will gain additional practical use case value, as individuals and companies will be able to create automated smart contracts without resorting to an alternative digital currency or blockchain. XCP will get a lot of positive attention too, as they become the world’s first fully-distributed platform for smart contracts.

All in all, smart contracts are a significant development for the digital currency ecosystem in general, as it shows the world why this technology and these protocols are so valuable. Counterparty Contracts will go a long way in this regard, as it is an open platform approachable by anyone in the world, regardless of technical expertise. Quick and convenient deployment of smart contracts on the Bitcoin blockchain is a significant step forward to make Bitcoin more legitimate in the eyes of businesses and consumers.

Source: News tip via email

NewsBTC has contacted the developers for comments. This article is awaiting moderation.

Published by
JP Buntinx

JP is working hard to bring more credibility to the Bitcoin and blockchain news industry. Outside of being Europe Editor at Newsbtc, JP is also an active writer for the website, and does not shy away from letting his opinion be heard. View all posts by JP Buntinx
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Topic
Board Announcements (Altcoins)
Re: QOINTUM - Crowdfunding Live! Quantum-Secure|Smart Contracts|Multichain|QDPoS
by
td services
on 03/06/2015, 22:14:10 UTC
Looked over site. comments below:

I don't see any info about the team. Site looks kinda like a  spammy internet marketing" site, a lot of hype, exclamation points, highlighted and colored fonts.

Equity cost works out to .001% equity per BTC.

A patent troll in the making?

"Legal Notice: This document describes inventions by NewGamePlus Inc. that are patent-pending with the USPTO."

They are also planning on charging a subscription fee to use the client:

"Software Licensing

The Qointum client software is available under the following license types:

    a Personal License which is free but limited by revenue restrictions
    a Pro License which requires a subscription (see Pricing)"

Tech details and quotes above are at https://wiki.qointum.com/design/dev/ . Looks like patent applications need to be searched to see if any assholes are trying to patent things which should be public domain. They have 1 month from posting or publishing to apply for a patent.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage - Working Beta - Launches June 7th, 2015
by
td services
on 29/05/2015, 15:04:15 UTC
Guess you're not a regular Nxt user. Still it should be simple. Nxt does not need to be installed. Go to https://nxtforum.org/nrs-releases/
and choose 1.4.18. I have had problems with 1.5.9 as well. Verify the hash with something like onlinemd5.com and extract the folder to your
desktop. Double click run.bat and leave the command window open until blockchain is fully dled. Depending how fast your computer and
connection is it could take a couple hours to half a day. Open a browser and go to http://localhost:7876/. Type your passphrase and there
really should not be any single problem.

I believe the problem with 1.5.9 is you have to update to java 8. Get java 8 then "install" 1.5.9.

Thanks for the tips. Yes, found NXT wallet 2.2.0 installer, did a clean install back to NXT NRS version 1.4.8, waiting for the blockchain to download. Looking forward to Sia launch. I think it's a sleeper with a lot of potential as well.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage - Working Beta - Launches June 7th, 2015
by
td services
on 28/05/2015, 18:44:36 UTC
I am unable to send Sianotes and message to redeem on NXT Wallet, get message "Feature not available" in NXT wallet, Windows 7, client 1.5.9, wallet 1.3 .

There's not much we can do about that, but maybe the nxt devs can help you?

Things seem to work fine for 1.4.18.

Tried using online wallets listed on nxt.org site - one requires registration, the other won't let me sign on with passphrase only, seems to want some other ID from wallet, the third link goes to a site which does not show a wallet anywhere.

Tried downgrading NXT client install from 1.5.9 to 1.4.18. Now the NSR server crashes when I try to launch wallet. I'll probably have to manually clear everything off the computer for NXT and do a clean install. I estimate I'm already 4 hours into trying to redeem these Sianotes overall, between reading on how to do it, downloading, installing, and creating the key, and trying to send the transaction to redeem the notes.

I do onsite computer service as my main business, and can say for a fact not one of my customers would be able to use this for any kind of business.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage - Working Beta - Launches June 7th, 2015
by
td services
on 27/05/2015, 19:31:02 UTC
I am unable to send Sianotes and message to redeem on NXT Wallet, get message "Feature not available" in NXT wallet, Windows 7, client 1.5.9, wallet 1.3 .
Post
Topic
Board Announcements (Altcoins)
Re: Sia
by
td services
on 04/05/2015, 06:50:49 UTC
Thanks! All this time I've typed everything in the command window.
Post
Topic
Board Announcements (Altcoins)
Re: Sia
by
td services
on 03/05/2015, 17:46:15 UTC
Any way to copy and paste the key from the Windows command window to NXT wallet? I'm not able to highlight the key in the command window, don't want to have to type all that.
Post
Topic
Board Announcements (Altcoins)
Re: Sia: Siacoin (scn) and Siastock (stk)
by
td services
on 20/07/2014, 21:49:25 UTC
Hi Taek, When will sia do the second round IPO?

Buy Sia on Nxt AE.

Is there a deadline to receive the Sianotes from sending to the BTC address in the OP? I had a problem with NXT after an update so I didn't send a NXT address to receive the Sianotes, and am currently migrating wallets to a new computer. I'm not planning to sell anytime soon, so I haven't been in a hurry to receive them, but I want to make sure I don't miss a deadline to have them included in a Genesis block or otherwise receive a distribution.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Crypti | Release June | 100% POS | New Source
by
td services
on 29/06/2014, 17:42:41 UTC
15% to go into your pocket and 10% for development ?   why so greedy ?

And why don't you just invest your BTC at the IPO to get stakes ? (How would we know if you didn't invest another 100BTC and got a final balance of 50% of the total coins? )

I really don't understand why everyone keeps throwing out the word greedy. As an investor, you are being rewarded with stake in the currency at the early stages for your support of future development. But, the current developers are responsible for ALL current development up to this point on their own dime. I think the people who put in the sweat and tears to make this thing a reality deserve some credit here. Without the development team, nothing exists.

Greed on our part isn't the issue here. Asking us to work for months for free with no compensation so that you can profit off of a product we created is greed. I don't think there is any stronger definition of the word. If you think the amount we are holding back for payment is too high, I understand your complaint and disagree.

I'm not trying to be offensive here and I have been very patient, but at this point my answer is simply this; If you disagree with the distribution model, which we have been very open to adjusting and are doing so based on community feedback, then walk. We can't please everyone, we are happy with where we are at, and if 1 or 2 possible investors have to walk for us to launch in the way that we think is equitable, then I guess that is the reality.

We have discussed the distribution ad nauseam in this thread already and explained our reasoning behind the numbers we chose. I also recently posted an update to how we will be scaling the 10% amount based on BTC earned. I think that is as far as we are willing and able to budge on this matter and I think it is a good compromise.

As per your other note, we didn't make it a binding rule that a developer couldn't invest in the launch as far as I know. I wish I had 100 BTC sitting around to invest in anything, lol. I personally have chosen not to invest anything additional because I don't want the coin to end up in the hands of a small number of people and also because I don't have extra holdings right now to put towards the launch. That being said, I can't control anyone else's actions and they will have to speak for themselves.

I totally agree with greXX, get involved or not, it totally up to you.  nobody but yourself should responsable for your investment.
And, somebody here should pay for your tuition on your investment.

The term 'greed' is typically used as a tool for emotional manipulation, used by one person or group to control another. It is devoid of informational content in that there is no objective definition of what is 'greedy'. How much of an expected return on investment constitutes greed? 1%, 5%, 10%, 100%, 1000% or more? At what point does it become greed? At what percent reserve of shares for developers does it become greed? .1%, 1%, 5%, 10%, 20%, or 50%? I would be interested in seeing a consensus agreement on where we draw the line, so we can have an objective definition of 'greed'. As far as I'm concerned, if you can't put a number on it and objectively define something, then it doesn't exist - it is just non-scientific, emotional, irrational psychobabble.