Bitcoin prices have bounced back sharply from the $2,970 lows and are currently quoted at $3,974 dollars. Litecoin followed a similar pattern, hitting a low of $32.35 and is now at $54.48 dollars per coin. Bitcoin Bounces From Lows Bitcoin prices bou...
- Real Name: Jay
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- Replies: 61
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Good Job!Posted on July 18, 2015 at 7:11 AM
I was, but I've lost interest since they made so many changes to all the original announcements, all hype in my opinion they aren't even the first which they claim to be !
I don't know how Nxtty works but with Gems I think they plan to use in app tokens yet nothing in app on the blockchain except perhaps the wallet. Then they mention rewards for holding gems but it isn't clear if that's in app gems or xgems. how will it sync, there's little incentive that I see to buy xgems early, something about assigning uninvited new users but detail is scant. So unless I'm interested in helping fund the projects development, which I might via the crowd funding token sale but hype aside there's little incentive really.Posted on November 24, 2014 at 7:43 PM
Community Bulletin Board
@jsea There was some news about Nxtty: Anonymous Encrypt Chat released for android at the end of last month but I haven't got around to trying it yet. sounds good though, releasing it on Android was a smart move don't know if there's an iOS version.,
I hear that they are working on an iOS version at the moment, they will need to if they want to compete with GEMS.
Have you heard of Reveal it's been out for a while on iOS dispite all the hype about being first and blah blah Gems is actually the late contender.Posted on November 23, 2014 at 11:01 PM
Sounds great, releasing on android was a smart move lots of android users out there.Also for iOS there's a crypto messaging app called Reveal Coin (RVL) it's built on the open assets protocol and there's the late contender Gems expected some time, who knows when.
Interesting times in IM world wonder if FB messenger, whatsApp and others are watchingPosted on November 23, 2014 at 10:57 PM
Community Bulletin Board
I'm looking forward to seeing more writings and other works, keep it up we could have that token society soon. I'm keeping an eye on my LTB token balance past 10K alreadyPosted on November 22, 2014 at 5:38 AM
I don't have Twitter is there any other way to ask the Puzzle Oracle questions,Posted on November 21, 2014 at 6:29 AM
There was some news about Nxtty: Anonymous Encrypt Chat released for android at the end of last month but I haven't got around to trying it yet. sounds good though, releasing it on Android was a smart move don't know if there's an iOS version.,Posted on November 19, 2014 at 9:26 PM
@page I was thinking about buying some XCH, but I read somewhere that the 'burning' address is owned by the devs!! I have no ethical issues with that, but I just don't think it gives the same incentive for the devs to produce something of worth, that's all. I bought some of those BitBay tokens instead in the end, not that their ICO was any better TBH, perhaps more honest than a fake burn though!
Does anyone know if it's true that the XCH devs own the burning address?
They did not do a true burn, but saved the via for "development." I believe.
I don't think there was anything fake about the burn if you look on the forum thread in the Q&A it clearly says what would happen to the converted VIA. The term 'Burning' might give the wrong Impression but it was made clear that it was an irreversible conversion along with what the coins would be used for. It was even referred to as a 'fire sale' at one point.
"Q: What happens to the viacoins that I do convert to XCH? A: They go to fund future development of ClearingHouse. "
To me, it makes perfect sense that funding future development is essential for a project, gives me confidence that the project has long term goals. Also it's important to understand that developers are constantly sharing their work in the open source arena. Robby Dermody aka xnova has publicly commended the Viacoin dev, btcdrak for contributions to the ecosystem.
Where's the sense in sending coins to an unusable address ?Posted on November 19, 2014 at 7:00 PM
@jsea LTB episode 104 discuses sidechains and treechains and highlights some of the problems with sidechains with an emphasis on mining and security
Counterparty being reliant on the blockchain has it's disadvantages , yes it could connect to another blockchain but which one stands out as the more likely or viable an option ?
Ah, yes, been awhile since I listened to that episode (I haven't listened again, but I should). So w/o memory of that episode, I think moving to another blockchain is presented as an idea to show the flexibility of the Counterparty protocol. Maybe at some point in the future, it might makes sense to do so. Counterparty on Bitcoin makes sense today from a security standpoint. The counterparty protocol on Dogecoin (Dogeparty) makes sense from a transaction cost and speed standpoint. But longterm, maybe another blockchain will look attractive. That's my take.
Note that Joseph VaughnPerling talks about sidechains a bit on my 3rd podcast (starts at 34:21): http://letstalkbitcoin.com/blog/post/the-bitcoin-game-3-joseph-vaughn-perling
No, they don't talk about counterparty that's another episode in e104 it's purely sidechains, treechain and mining technology.
I think if counterparty found itself looking at another blockchain one that's compatible with the bitcoin blockchain would be the most obvious choice.
I'll listen to your podcast, when my brains no hurting so much, ta.Posted on November 18, 2014 at 9:32 AM
Bitcoin & Beyond
Thanks, that seems like a really good explanation of sidechains (and comparison w/ Counterparty). Or straight to the explanation: http://www.reddit.com/r/Bitcoin/comments/2ks5ld/z/clokcgu
LTB episode 104 discuses sidechains and treechains and highlights some of the problems with sidechains with an emphasis on mining and security
Counterparty being reliant on the blockchain has it's disadvantages , yes it could connect to another blockchain but which one stands out as the more likely or viable an option ?Posted on November 18, 2014 at 8:54 AM
Bitcoin & Beyond