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Telegram AMA - Summary

Telegram AMA - Summary
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Zhuling Chen
It’s always great to hang out in this group. This group means a lot to the Aelf community. It is the first Aelf community and has been there through all the ups and downs in the world. I would like to start with wishing everyone is staying safe at home during the virus outbreak. It definitely has been a difficult time for all of us, but together we can pull through it.
We understand that the situation is quite striking to all of us. But I really believe that the solution to the virus outbreak is about more global coordination and collaboration.
All of you to be assured, our team in different places are all safe and working from home as normal.
The Aelf team in Beijing were among the early ones experiencing the virus outbreak. As everyone was on the way home for Lunar New Year holiday and then experienced a total city lock-down followed by a 40 days’ work from home policy. It was definitely not easy for them, but our team stayed strong, took necessary precautions and focused on work with the right morale. Mappo has recently published some tips on how to work from home effectively based on our experience. Do check it out. Despite not working in the office since February, we have achieved great progress, including launching Aelf 1.0 preview, which is an important milestone in technical delivery and also the roadmap to mainnet launch (which listed out the essential steps for the community to work together to launch a successful public network)
Let's first talk about Aelf v1.0 preview. It is the cornerstone of the mainnet launch. The product itself has all the features that the public network is needed. The codebase has been reviewed and tested rigorously by the team. And a few highlights of how the network would look like:
  1. The code allows a stable and high throughput blockchain network to operate publicly.
  2. For developers, they will love how flexible the system is to be customized, the number of tools and documentation to help them start developing applications on the network
  3. For the whole community, the system is an ever-evolving one where the voting system is ready in place to conduct network-wide voting on various topics, such as transaction fee adjustment, network protocol upgrade, incentive adjustment, etc
  4. Aelf system is able to run multi-chain architecture where each side chain will host different applications and still ready to work with each other
So you may ask since the software is ready, why have we not yet launched the public network? The answer, in short, is that a public blockchain is launched not by a team but through a community effort and that's why we are coordinating the community effort based on the roadmap we proposed. Aelf team has launched the public testnet based on Aelf v1.0 preview and currently, all nodes are under the team. The goal is to let the community and elected nodes to take it over and launch it on a global scale. Not only launch it but also be familiar with the network and also set the launch parameters in a decentralized way. If we take a car as an example, we have made the car, but ultimately the drivers are you guys and therefore before it really hits on the road, we need to guide the community to do a test drive, adjust the car based on what really works for YOU, and ultimately let YOU drive the car freely and safely
So how are we going to help the community launch the network:
First of all, we have launched the codes, documents about the economic system and governance model and technical features. With all the things available, you are able to understand what the system is about, as a token holder what's your benefit in the system, and being a node in the system plays a big role in the governance
Next, without yet electing the nodes, we will get all token holders to join the current Aelf network through a mapping event. That means as long as you have Aelf tokens, you will be able to get 1:1 test tokens on the public testnet. that gives you full access to all the features, and you will feel like you are already using the mainnet. You will get rewarded in making transactions, voting, etc.
Do try out the Aelf wallet and voting features, you will see how easy to transfer tokens cross-chain. and also how flexible the system allows people to make changes. For example, the community may want to adjust the block rewarding parameters or fees to use certain services on mainnet, they can initiate a discussion and then vote in the system and once voted through, it will be reflected on mainnet.
For people or organizations that want to play a bigger role in the system, we will do a dry run of node election. Take it as the real node election before mainnet launch. We will see who the active members of the community are and being trusted by the community. Among the nodes, we will form a network launch committee. The committee will be the crucial party to oversees and ensures the smooth launch of Aelf mainnet, instead of just relying on the Aelf team. This is our step towards decentralization.
The committee will agree on the actual launch process, final checking all the parameters in the system to be ready for launch and then decide when the criteria are met to launch the network. Once all that is decided. We will invite all interested nodes to apply for the election and let the community know what's their plan to grow the Aelf network. the network will initially be launched with a few nodes from the committee and gradually be replaced by the selected nodes (a bootstrap phase). Along the way, we will work with exchanges to conduct token swap (which we are also designing an innovative system to further enhance security and usability of Aelf tokens in exchanges)
Among this isolated and worrisome time, at least we all have something to look forward to: a successful launch of Aelf network! Once it is launched, we are excited to see a vibrant and technically superior network that is good for Dapps to run on top of it.
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Doris Guo Q1: As a Blockchain start-up, what difficulties have you overcome when starting Aelf project? What motivates you to solve difficulties and achieve success today?
Zhuling Chen First, just like launching any start-up, its community and investors are usually regional. There is always some bias on if Asian projects are solid. It is really rare to have an Asian project to be supported by western funds and community from day 1. We were lucky to have overcome that obstacle. Having a global investor line-up from day 1. Having a global team from day 1 and also working with a global community from day 1. This benefited us to have an international perspective which is crucial in the blockchain industry.
Secondly, as a hardcore technology company, it is really hard to put in plain words what is our ambition. Our ambition is huge, achieving key innovations in multiple fronts of blockchain technology and organically combined them to serve real users for the future. Our marketing team has been working really hard to elaborate on what Aelf is. Now we have come to a point that the product is ready. Therefore, it is much easier for all of us to understand how solid Aelf is by trying out the network ourselves! That's exactly what the following events will be about - Try out all the exciting features of Aelf network before mainnet launch.
Doris Guo Q2: What critical problems do you see occurring in the blockchain industry nowadays? How does Aelf solve these problems?
Haobo Ma First, we need to distinguish the difference between BTC and ETH. One is Digital Cash and the other is the Smart Contract Platform. Aelf addresses most of the latter's problems. In short, it can be summarized as performance, end-user friendly, developer-friendly, network economy, and self-governance and upgrading. Each of these areas will probably take up a lot of space, and as a whole are the issues described in our two white papers. In short, Aelf is faster, end-users do not need to know the rules of the blockchain, developers can set up the development environment in 10 minutes, have a good economic model and can carry out proposal governance on the chain.
Doris Guo Q3: What is your long-term vision about the industry which Aelf is working at? Are you afraid someday there will be another project with more innovative technology can replace Aelf?
Haobo Ma Let's talk about where Aelf stands in the traditional Internet. It is essentially a cloud service provider, Aelf provides resources and infrastructure for developers to deploy their services, known as smart contracts. We eventually want Aelf to grow like AAA (Amazon, Azure, AliCloud). Because Aelf is a network that can be dynamically scaled, we can accept any new technology, some of the more advanced technologies we can put on a side chain.
Doris Guo Q4: Why did Aelf choose for cross-chain interaction?
Haobo Ma As I mentioned earlier, Aelf solves the Smart Contract Platform problem. However, there are other digital cash problems as well which we would need to use existing infrastructure such as Bitcoin's chain in order to interact with Bitcoin. There are a lot of infrastructures on Ethereum that we want to interact with. Multi-chain on Aelf network mainly is to isolate resources to improve network performance and network stability.
Doris Guo Q5: What difficulties do the Aelf team have now (I talk about COVID-19)? How does the Aelf team solve it? Have you changed the roadmap?
Haobo Ma There is no great impact. The teams in Singapore and Beijing are communicating with each other remotely on a regular basis. The only change is that most of us are now working from home which has no impact and in fact, it seems conducive to the acceptance of more community developers in the future to come. From the internal working schedule and development timeline, there is no great impact. We do not publish specific timeline as we do not want short term holders (traders) to create too much negative pressure on product development.
Doris Guo Q6: Aelf is an open-source blockchain, and there's the common problem of taking a substantial amount of time for the different participants to agree on strategic decisions. What types of governance models do you use in Aelf to address this issue???
Haobo Ma The issue is about public blockchain network, and who can decide the direction of the network. Our answer is long-term holders. For the short-term holders (traders), we refuse to allow them to participate in any discussion of the direction of Aelf because the short-term holders are likely to make a profit and sell quickly, which is essentially the same example of a person who cheats the President and then runs away for his personal gain. We defined a number of proposal processes, including the logic of the two-party system in the United States, and the participation in the referendum to ensure that the final proposal represents the majority. At the same time, we are looking for some legal solutions to avoid bifurcation, such as prohibiting exchanges from intervening in bifurcated new tokens. While we cannot limit a community, we should be able to find ways to limit a centralized organization. This restriction is akin to a ban on national secession.
Doris Guo Q7: How will Aelf empower Investors, Companies, Developers, Platform Users to deliver impactful solutions and bring value to people all over the world?
Haobo Ma We will learn from the operational experience of successful foundations such as the LINUX foundation and license some commercial companies to use Aelf solutions to solve business problems. At the same time, Aelf is an open-source product under the MIT License, and we accept any use that does not violate this open-source principle.
Zhuling Chen Let me add on to Haobo’s statement: to incentivize and empower the community, we are also exploring ways to let the community decide how to use the funds for Aelf (allocate to where it matters to our community) once mainnet is launched. This means you guys can decide what are the projects to be funded on Aelf, etc
Doris Guo Q8:When will the node campaign start? How will Aelf attract users to participate in nodes election?
Haobo Ma According to our published roadmap, the timeline can be dynamic, but I don't think it will be too long. The main idea is to let everyone understand what we envision Aelf to be like, and what are the rights and benefits of being a node in the future. We hope to find nodes that fully recognize the efforts of Aelf at the present stage and are willing to participate in the future development of Aelf. We will run a simulation of the node campaign on the testnet and set up a temporary mainnet launch committee. Please follow our official Twitter for more upcoming details!
Doris Guo Q9: Token swap form 2 is some kind of cross-chain transfer? It will be handled by a smart contract?
Haobo Ma It is handled by the smart contract, we define an asset cross-chain transfer protocol, but it may be opened after a snapshot.
Doris Guo Q10: Which Exchanges will support token swap? Do you have any plan to list Aelf in some big exchange like Binance, Houbi, Kucoin, .......?
Haobo Ma We are already in talks with some exchanges, there is still competition between exchanges, and many are still hoping to attract more users by getting access to mainnet token swap early.
Doris Guo Q11: Aside conversion of the current tokens to mainnet tokens, what other main features will be accomplished with the mainnet launch?
Haobo Ma We have a documentation file that has been published, which has listed some features: https://Aelf.io/gridcn/Aelf_public_testnet_and_supporting_features_introduction_en_v1.0.pdf
Doris Guo Q12: Do you have any plan to burn or buyback your coin?
Haobo Ma We have plans for the community to govern through DAO, we have no interest in short-term price incentive adjustment as we would prefer to drive the project to higher adoption. After mainnet starts operation, there will be a part of network revenue get destroyed automatically.
Doris Guo Q13: Often, as a newbie developer, I face difficulties on most blockchains. How easy and convenient is it for me on Aelf, and what programming language and tools are needed??
Haobo Ma We set up staging for DAPP developers on GitHub and configured CI. Develop a smart contract using C# with React Native on the front end. So, in fact, developers can fork the source code without setting up the environment locally, and you can conduct unit testing with the help of CI. You can also release the smart contract and generate the installation package of iOS and android online. https://github.com/AElfProject/Aelf-boilerplate
Doris Guo Q14: What is the progress of business development and what are some of your commercial partnerships? How will Aelf rapidly develop the number & performance of DAPP?
Haobo Ma First of all, the blockchain industry is still fairly small and users with ETH and EOS wallets are considered a very small group and its not effective to even promote within these groups. What we need to consider is how to enable users who have never been exposed to blockchain to use DAPP. The competitiveness of Aelf is to make it easier for Aelf developers to promote their DAPP to ordinary users, rather than to teach ordinary users a lot on blockchain knowledge. The average user doesn't like to hear about private keys, mnemonic, Gas Price, RAM, CPU, etc. Only until we solve such problems, companies that need to solve problems through blockchain will be more inclined to use Aelf in technology selection. Therefore, our main work is to explain the competitive advantages of Aelf, ETH and EOS to everyone. We have some business cooperation’s, but we also believe that simply through case-by-case business cooperation will not be able to gain adoption so quickly, therefore we still need to put our products to stay ahead of the next generation.
Doris Guo Q15: What other activities can encourage more people to be confident about Aelf?
Haobo Ma We are only going to state the truth by having those that have faith in us to stay and those that don't to leave. The development of Aelf is not driven by a single foundation, but by a steady stream of contributions from the community. In the future, we will also place the activities in the DAO for on-chain governance, and let the community make decisions by itself.

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Kun Aguero As you know that in the present market situation many new coins or either dying or thriving for liquidity? How will you manage this liquidity problem?
Zhuling Chen Aelf started in 2017. we have gone through a few cycles in the market, still, remember the big down period in 2018-2019. Aelf is financially solid and the team has always been working hard. if you are referring to liquidity in exchanges, we are among the lucky ones that are listed in all major exchanges
Xinshu Dong Hello, great discussions! I would like to ask what are the criteria to join the committee for launching the mainnet? Would love to participate
Zhuling Chen Hi xinshu, great to see you here. The committee will be chosen among the nodes elected during the testnet dry run. Which means, it is really important to participate in the testnet dry run and also start to establish your reputation in the community so that people will elect you as a node. The detailed criteria will include what is your plan to help Aelf to grow, tech competency and reputation.
An Da What are Aelf’s achievements in 2019? Who had supported you to get those things?
Zhuling Chen To name a few, in 2019, Aelf is one of the most active projects on GitHub. This means Aelf is evolving and improving fast in this space and our team has the tech strength. In addition, we have also successfully listed on all major cloud service providers, such as AWS, Azure, Google. So large companies can easily launch Aelf side chains in their organization with minimum hassle.
John How does the voting for master nodes candidates occur? And why is the development of this system important for your project?
Zhuling Chen Voting is going to be pretty simple. All token holders can vote for the nodes they support on our block explorer.
Miha After mainnet lunch, how will you assure that transactional fees will stay low? We know what sometimes happens to fees on ETH blockchain.
Zhuling Chen First of all, due to the fact that is Aelf is scalability, this will reduce transaction fee. Secondly, all transaction fees will be voted by the nodes (which will be elected by you). So they will represent your interest
Bobbyfernandito Currently, as we see All projects are concerned with the speed and security. So, tell us here - what are the facilities Aelf provide to their user and investors?
Haobo Ma Security: we have an automated smart contract code audit. During contract deployment, production nodes and the community audit participation are required. On the other hand, we are also planning to provide a standardized model of centralized exchange access for 100% asset certification and emergency measures to deal with exchange attacks, which we will be released later. Speed: Aelf has been working on improving performance, which is transparent to users which they can also experience by themselves.
An Da What effect does Aelf token have on the Aelf ecosystem? Holding Aelf, what benefits will users receive?
Zhuling Chen Holding ELF enables you to use all the services on the Aelf network. ELF has a deflating system where the total amount will reduce as the network grows. token holders can also vote for the nodes to run the network and also vote for big decisions in the network. part of the fees in the system will also be distributed to token holders via a smart contract
ahihi132 Which companies do you view them as potential partners and that they are somewhat also beneficial for both the user base and Aelf itself?
Zhuling Chen Great question, if I could write a wish list, that will be: let medium-sized financial institutions to use Aelf to challenge the big boys. Let telecommunication companies use Aelf for micro-payment and other innovative business models. We also would like to try out a few public sector projects, which blockchain will is still more transparency and trust
Misun Q1: Which programming languages are you using in your project? And why? Q2-What are another big MILESTONES you have planned for 2020 roadmap and how are they supposed to benefit your costumers? Will it be an exciting year?
Haobo Ma For Q1: We mainly use C# for development, I personally like it. Performance is good, development environment IDEs are strong, and C# creators are influential in the industry. We believe in the right thing, though it may take a while to develop. The smart contract will then add support for multiple languages, such as WebAssembly, depending on the needs of the community. Now it seems that C# is enough.
Hambi crypto Which platforms are your competitors? How will you soar above them, and what better things do you offer than them? So, What’s your outlook on the future of cryptocurrencies in this year and next few years?
Haobo Ma As I have already mentioned this before, Eth and Eos. We provide better performance, cross-chain support (already implemented), end-users do not need to know the details of the blockchain, developer’s payment models and so on.
Floris-Jan What plans is Aelf making to prevent centralized exchange to take over the DPoS algorithm like what happened to Steem? Are we talking about blacklisting exchange wallets, or having the foundation say "No", or putting all trust in the community?
Zhuling Chen Great question, Floris. I’m not going to give away all the details of what Haobo has proposed to work on this, but in a nutshell, in Aelf system, exchange wallets will not be allowed to vote, but only the sub-wallets for each individual can vote. This will also help exchanges to prevent hacking and theft in the future
Alex What your plans in place for global expansion, are Aelf wallet focusing on the only market at this time? Or focus on building and developing or getting customers and users, or partnerships? Can you explain this?
Haobo Ma Our core focus will be through the developers to promote, developers will help Aelf to attract more users. So our product has to be attractive to developers. Just like AWS, they only focus on getting their service right, their developers will think about how to promote it. We don't want to burden them in their promotion process.
Ellkay What do you think are the major threats and barriers that could face the development and adoption of Aelf?
Haobo Ma If I'm a DAPP developer and I need to promote my APP to people who don't recognize blockchain, then I'd like to choose a platform that doesn't have to explain a lot of blockchain details to the end-user, so they can use it easily. We've provided some options in the Boilerplate that allow you to log-in simply via QR code + Password, and our recommended Dapp is an independent wallet and a separate iOS/Android application.
ahihi132 Give me some important reasons why we need to hold Aelf token where in fact hundreds of projects failed and it went to bankruptcy or even developers run when they collect millions/billions of funds?
Haobo Ma First of all, we will not give any suggestions as we only describe the fact that the long-term token holder will be able to govern the Aelf network, get Aelf mining reward and Aelf network profit. At the same time, Aelf network is a deflation model, Aelf network received transaction fees, profit dividends will immediately destroy 10% etc. All investments are risky, and we don't judge the behaviour of other developers. There are so many things in this world that cannot be understood and unfair. It is important to do our job well. I cannot explain these things.
见愁 I remember that boss Ma mentioned to only find those truly innovative applications and enterprises with blockchain, how to find and win partners in these aspects?
Haobo Ma When Linus was developing Linux, I did not think he would find a lot of collaboration when the code was not good. The response we can give is that we already have a lot of interest in cooperation, including what we have announced, what we have not announced, etc.
见愁 How interested are cloud computing providers in participating nodes?
Haobo Ma The vast majority of our nodes should be using cloud services, and as long as a large number of our 17 nodes and other candidate nodes are based on cloud services, our network robustness is determined by these cloud computing providers. Of course, in the expansion, we can also use cloud computing services.
submitted by Floris-Jan to aelfofficial [link] [comments]

Transcript of Open Developer Meeting In Discord - 5/10/2019

[Dev-Happy] Blondfrogs05/10/2019
Channel should be open now
Chill05/10/2019
you all rock!
just getting that out of the way :wink:
Tron05/10/2019
Cheers everyone.
theking05/10/2019
Hi fabulous dev team!
Hans_Schmidt05/10/2019
Howdy!
Tron05/10/2019
No specific agenda today.
Questions?
Has everyone seen Zelcore wallet, and Spend app?
theDopeMedic05/10/2019
Any major development status updates that haven't been listed in #news?
Synicide05/10/2019
How was the meetup yesterday? I heard it would be recorded, it is uploaded anywhere yet?
Tron05/10/2019
And Trezor support on Mango Farm assets?
@Synicide Yes it was recorded. The Bitcoin meetup organizer has the video.
I talked about Ravencoin, but mostly about the stuff that was being built on/with/for Ravencoin.
There was about 70% overlap with folks who were at the Ravencoin meetup in March.
Synicide05/10/2019
awesome, looking forward to watching it when it's available
Tron05/10/2019
I'll hit up James and see if he's posting the video.
S1LVA | GetRavencoin.org05/10/2019
@theDopeMedic I'd follow github if youre interested in development status
Synicide05/10/2019
zelcore looks super slick. Been meaning to research its security more with the username/pw being stored on device
Chill05/10/2019
How is the progress on the restricted assets and testnet coming along? A secondary question would be about the approximate fork timeframe.
S1LVA | GetRavencoin.org05/10/2019
Has anyone heard from the community dev (BW) working on Dividends?
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Any word on BW and his progress w dividends?
@S1LVA | GetRavencoin.org LOL
Tron05/10/2019
@S1LVA | GetRavencoin.org Great question. I haven't heard.
Synicide05/10/2019
last meeting BlondFrogs said he would try to connect with BW as he was sick with the flu at the time. Maybe he has an update
S1LVA | GetRavencoin.org05/10/2019
I've tried to get in contact, but with no success.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Got a funny feeling...
Jeroz05/10/2019
Last time we left off with someone mentioning a foundation and Tron saying let’s discuss that next time iirc
kryptoshi05/10/2019
Has anyone taken a look at the merits for this proposal? Thoughts? https://medium.com/systems-nexus/modified-x16r-algorithm-proposal-for-constant-hash-rate-in-short-time-164711dd9044
Medium
Modified X16R algorithm proposal for constant hash rate in short time
Interpretation Lens V. a0.01
Tron05/10/2019
I did see it. Does anyone think this is a problem?
Synicide05/10/2019
It looks interesting... but I'm not sure what it is trying to solve. Looking at netstats, our 1 hour average block time is perfectly 1 minute
S1LVA | GetRavencoin.org05/10/2019
Last I heard from him he expressed how important finishing the code was. I wouldnt jump to conclusions on his absence within the community.
Synicide05/10/2019
x16r by nature will fluctuate, but DGW seems to be doing a good job keeping consistent block times
Tron05/10/2019
Because of relatively broad distribution across the algorithms, the block times are fairly consistent. It is possible, but very, very unlikely to get a sequence that takes up to 4x longer, but that's super rare, and only 4 minutes.
We did some timing analysis of the algorithms early on. A few are 1/2 as long as SHA-256 and some are up to 4x longer. But when you randomly select 16 it usually comes out about even.
Synicide05/10/2019
1hr avg: 1.02min - 24hr avg: 1min
I think we should focus on building, and not trying to fix what isnt necessarily broken
Tron05/10/2019
Agreed.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Agreed
Tron05/10/2019
Is everyone ok with the frequency (every other week) of this discussion?
Jeroz05/10/2019
(Added thumbs down to measure)
Tron05/10/2019
@Jeroz Did you do thumbs-up and thumbs down?
S1LVA | GetRavencoin.org05/10/2019
Seems appropriate. Its not like the devs dont poke around here and chat anyways.
Tron05/10/2019
Anything critical that we should be aware of?
Jeroz05/10/2019
When I need a dev, I poke a dev. When that dev is unavailable. I poke another one :smiley:
Hans_Schmidt05/10/2019
BlondFrogs was testing some github code last month to create a dividends snapshot database of asset holders at a given blockheight. Is that planned for inclusion? That's the only thing needed for dividends.
Jeroz05/10/2019
I hope I didn’t offend any devs
With poking around
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Was thinking voting would be an excellent use case for restricted assets. Local communities, nations, etc... could kyc their residents
radiodub05/10/2019
Is x16r will remain fpga mineable
Tron05/10/2019
@Jeroz We're hard to offend.
Chill05/10/2019
Is the general dev feeling that the next fork should and will include everything needed for the next 6-9 months (barring something completely unforeseen)?
Jeroz05/10/2019
I know :smile:
Tron05/10/2019
@radiodub Nearly impossible to stop FPGAs and still keep GPUs
Jeroz05/10/2019
About that: voting is another hard fork right? Not too soon?
Tron05/10/2019
FPGAs can be reprogrammed as fast. It is silicon (true ASIC) that we can obsolete with a tiny change.
@Jeroz Messaging, voting, Tags, Restricted Assets would require a hard fork (upgrade).
We could do them each individually, but folks get weary of upgrades, so current plan is to roll them together into one.
MrFanelli™05/10/2019
Good idea
Jeroz05/10/2019
Oh voting too?
MrFanelli™05/10/2019
People will like that
Jeroz05/10/2019
I thought that was coming later
Tron05/10/2019
Voting is the one that isn't being worked on now. Tags and Restricted assets have taken precedence.
Jeroz05/10/2019
I know. But you plan on waiting to fork until voting is also done?
That would have my preference tbh
But I can see an issue with too many things at the same time
Tron05/10/2019
If someone wants to step in, we've had one of our devs sidelined and he was working on BlockBook support so more light wallets can connect to Ravencoin. Mostly test cases needed at this point.
S1LVA | GetRavencoin.org05/10/2019
Thats a pretty large upgrade.. Bigger surface for unknowns
Rikki RATTOE Sr. SEC Impresantor05/10/2019
At what point would RVN community consider moving to ASICs because having a Bitcoin level of security would eventually be needed?
MrFanelli™05/10/2019
Never rikki
Tron05/10/2019
@S1LVA | GetRavencoin.org 100% Lots of testing on testnet and bounties.
[Dev-Happy] Blondfrogs05/10/2019
I am here :smiley:
Tron05/10/2019
@Rikki RATTOE Sr. SEC Impresantor There's nothing inherently wrong with ASICs but it tends to centralize to data centers and less opportunity for anyone to just run their gaming rig overnight and collect RVN.
Welcome Blondfrogs
MrFanelli™05/10/2019
Asics are too expensive. If we want normal people to mine, then we cant be an asic network
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@Tron True but what happens when the chain needs a Bitcoin level of protection?
Tron05/10/2019
More GPUs, more FPGAs
MrFanelli™05/10/2019
Nvidia loves ravencoin :stuck_out_tongue:
Chill05/10/2019
ok, so we are pro FPGAs
𝕿𝖍𝖊 𝕯𝖔𝖓 𝕳𝖆𝖗𝖎𝖘𝖙𝖔 CEO ∞05/10/2019
Build it and they will come
Tron05/10/2019
It's all relative. It is cost to attack. If an ASIC isn't available for rent, then only option is rental of non-allocated GPUs
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@Chill Eventually everyone will need FPGAs to be profitable on RVN, at that point I don't see why we just don't make the switch to ASICs
Tron05/10/2019
Also, as much as we don't focus on price, the price does matter because it determines the amount of electricity and hardware will be deployed to get the block reward. Price increase means more security, more mining means more security means higher price.
It's a circle.
Chill05/10/2019
someone tell that to the twitter handler
HailKira05/10/2019
you guys adding seedphrase to desktop wallet?
[Dev-Happy] Blondfrogs05/10/2019
@HailKira We will, just is not a high priority right now.
MrFanelli™05/10/2019
Twitter handle wants rvn ded
Rikki RATTOE Sr. SEC Impresantor05/10/2019
I just don't see much difference between ASIC and FPGA and I'd rather have the added nethash an ASIC will provide once GPUs are virtually kicked off the network
kryptoshi05/10/2019
I'm at 11 GB future proof
Tron05/10/2019
That also limits miners to big money, not gaming rigs.
Synicide05/10/2019
@Rikki RATTOE Sr. SEC Impresantor you have to keep in mind the 'added nethash' is all relative
Rikki RATTOE Sr. SEC Impresantor05/10/2019
FPGAs will limit miners to big $$$ too IMO
Tron05/10/2019
@kryptoshi New algo x16r-12G requires 12GB :frowning:
Seal <:cricat:> Clubber05/10/2019
But sperating smaller gb cards would lead to less adoption if we ever become a mainstream coin.
Adpotion of mining that is
Chill05/10/2019
but we are a mainstream coin
Seal <:cricat:> Clubber05/10/2019
Mains stream as in what eth did
Tron05/10/2019
@Rikki RATTOE Sr. SEC Impresantor I agree. Not a perfect solution.
Steelers05/10/2019
Is this a Dev meeting or Algo meeting :smiley:
Seal <:cricat:> Clubber05/10/2019
But if we ever go mem lane. We should aim for 6 or 8gb.
Tron05/10/2019
Open to other questions.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@Tron Probably not the time and the place to have this discussion as we stand currently but IMO we're gonna have this conversation for real eventually
Seal <:cricat:> Clubber05/10/2019
Most cards have 6gb now.
kryptoshi05/10/2019
Why 12 gb ? Such a massive jump
Seal <:cricat:> Clubber05/10/2019
^
Would also like to know
Tron05/10/2019
@kryptoshi I was joking. You said you had 11GB card.
Seal <:cricat:> Clubber05/10/2019
Haha
You got em good
I cant imaghine the face he had when he was 1gb short
Lel
Rikki RATTOE Sr. SEC Impresantor05/10/2019
That's what she said
kryptoshi05/10/2019
Hahaha
MrFanelli™05/10/2019
need a 2080ti
Seal <:cricat:> Clubber05/10/2019
How much does the VII have?
16?
[Dev-Happy] Blondfrogs05/10/2019
Any other questions you have for us?
Hans_Schmidt05/10/2019
@[Dev-Happy] Blondfrogs You were testing some github code last month to create a dividends snapshot database of asset holders at a given blockheight. Is that planned for inclusion? That's the only thing needed for dividends.
Chill05/10/2019
a dev might want to contact Crypto Chico for some 'splaining
[Dev-Happy] Blondfrogs05/10/2019
I still haven't contacted the developer that was working on dividends. Was pretty busy with some other stuff. I will contact him this next week, and see where we are at for that.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Chico doesn't do interviews, shame. Tron would be a much needed interview for his community
[Dev-Happy] Blondfrogs05/10/2019
As far as releasing dividends, I can be released at anytime the code is finished and doesn't require any voting or hardfork to occur
kryptoshi05/10/2019
Android asset aware wallet?
Seal <:cricat:> Clubber05/10/2019
Is in beta right
Tron05/10/2019
Testing went well today on Android. Nearing release.
[Dev-Happy] Blondfrogs05/10/2019
as it is a mechanism that is wallet specific
liqdmetal05/10/2019
no protocol level dividends you guys are saying?
[Dev-Happy] Blondfrogs05/10/2019
correct
Tron05/10/2019
DM me if you want to test Android with Asset support. I'll send you the .APK.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
RVN gonna be on tZero wallet? :yum:
liqdmetal05/10/2019
why not? what is the logic on non-protocol dividends
assets + protocol dividends is nirvana
[Dev-Happy] Blondfrogs05/10/2019
dividends is pretty much sending payments to addresses. Right now, you would have to do this manually. The dividends code, will allow this to be done quicker and easier.
No consensus changes are required.
Tron05/10/2019
New Android wallet is BIP44 and original Android wallet is BIP32/BIP39 so the words will not find the funds. You'll need to send them to another wallet, and then send them to new BIP44 derived address.
liqdmetal05/10/2019
we already have payments to addresses
so dividends is not a feature so much as simple wallet script
Hans_Schmidt05/10/2019
@[Dev-Happy] Blondfrogs The dividend code changes look risky'er to me than messaging. Would you consider "tags" branch test-ready?
[Dev-Happy] Blondfrogs05/10/2019
Not yet @Hans_Schmidt
Dividends is easier then you would think if coded correctly. I still haven't seen the code from the community developer. Excited to view it though.
Hans_Schmidt05/10/2019
@[Dev-Happy] Blondfrogs Sorry- I meant restricted, not dividend
kryptoshi05/10/2019
@Tron on the Android wallet, anyone successfully added their own node and got it to sync faster? Always have issues. I have a supped up node and cannot get it to work with the Android wallet...
[Dev-Happy] Blondfrogs05/10/2019
@Hans_Schmidt Oh, that makes more sense. Yes, they are very risky! That is why we are going to create a new bug bounty program for restricted assets testing.
Rikki RATTOE Sr. SEC Impresantor05/10/2019
Once the network does get flooded w FPGAs, should we even consider changing the algo a couple times a year? That would only give bitstream developers added time to hoard their creations for themselves
Kind of like they're already doing with their x16r bitstreams :yum:
kryptoshi05/10/2019
Flooded... lol... like that hardware has mass production scale like gpus...come on dude
MrFanelli™05/10/2019
Bip44 wallet? :smiley:
Rikki RATTOE Sr. SEC Impresantor05/10/2019
@kryptoshi Eventually yes, where there's $$$ to be made, people make things happen
MrFanelli™05/10/2019
So can we trade from that in the new Binance Dex when RVN get listed?
kryptoshi05/10/2019
@Rikki RATTOE Sr. SEC Impresantor Yes Soon TM lol. :soontm:
Tron05/10/2019
@kryptoshi There are some things we can do to speed it up. For a new wallet, it shouldn't need to sync. For recovered wallet, it needs to sync from beginning of BIP44 wallet support on iOS so words can be moved between the two.
Other options include grabbing the first derived address and looking it up on an explorer to see when it was first used and sync from there.
Another option is to add an optional number with the 12 words so it knows when to start syncing.
There isn't a good reason on an SPV wallet to sync before the seed was created.
kryptoshi05/10/2019
Cool. Glad you are looking at speedup options.. :right_facing_fist: :left_facing_fist:
[Dev-Happy] Blondfrogs05/10/2019
@MrFanelli™ If the binance dex support RVN deposits. I am sure you would be able to send from it
MrFanelli™05/10/2019
Has binance reached out for any info or anything?
I seen that we ranked in some voting competition they had on twitter
for an ama
Rikki RATTOE Sr. SEC Impresantor05/10/2019
I believe we'll need to create a fund of approximately $300,000 in order to get a BNB-RVN asset created and listed on the Binance FDEX
[Dev-Happy] Blondfrogs05/10/2019
In order to work with binance we need Ravencoin integrated into Blockbook.
Tron05/10/2019
@MrFanelli™ I've reached back out to Binance on the AMA.
MrFanelli™05/10/2019
Awesome :smile:
kryptoshi05/10/2019
@Tron you are a natural on the interviews... cool as a cucumber. :sunglasses:
Tron05/10/2019
Thanks @kryptoshi
[Dev-Happy] Blondfrogs05/10/2019
Cool. We are done for today.
Please don't ask us any more questions :smiley:
Tron05/10/2019
Thanks everyone!!!!
[Dev-Happy] Blondfrogs05/10/2019
Cya everyone!!
S1LVA | GetRavencoin.org05/10/2019
Cya happy feet, Thanks
Thanks Tron
Seal <:cricat:> Clubber05/10/2019
:bepbep:
submitted by mrderrik to Ravencoin [link] [comments]

Navigating Bitcoin, Ethereum, XRP: How Google Is Quietly Making Blockchains Searchable

Navigating Bitcoin, Ethereum, XRP: How Google Is Quietly Making Blockchains Searchable
It’s a balmy 80 degrees on a mid-December day in Singapore, and something is puzzling Allen Day, a 41-year-old data scientist. Using the tools he has developed at Google, he can see a mysterious concerted usage of artificial intelligence on the blockchain for Ethereum. Ether is the world’s third-largest cryptocurrency (after bitcoin and XRP), and it still sports a market cap of some $11 billion despite losing 83% of its value in 2018. Peering into its blockchain—the distributed database of transactions underpinning the cryptocurrency—Day detects a “whole bunch” of “autonomous agents” moving funds around “in an automated fashion.” While he doesn’t yet know who has created the AI, he suspects they could be the agents of cryptocurrency exchanges trading among themselves in order to artificially inflate ether’s price.
“It’s not really just single agents doing things on their own,” Day says from Google’s Asia-Pacific headquarters. “They’re forming with other agents to have some larger group effect.”
Day’s official title is senior developer advocate for Google Cloud, but he describes his role as “customer zero” for the company’s cloud computing efforts. As such it’s his job to anticipate demand before a product even exists, and he thinks making the blockchain more accessible is the next big thing. Just as Google enabled (and ultimately profited) from making the internet more usable 20 years ago, its next billions may come from shining a bright light on blockchains. If Day is successful, the world will know whether blockchain’s real usage is living up to its hype.
Danish researcher Thomas Silkjaer is using Google's BigQuery to map publicly available information about XRP cryptocurrency addresses. The craters represent some of cryptocurrency's largest exchanges.
Last year Day and a small team of open-source developers quietly began loading data for the entire Bitcoin and Ethereum blockchains into Google’s big-data analytics platform, BigQuery. Then, with the help of lead developer Evgeny Medvedev, he created a suite of sophisticated software to search the data.
In spite of a total lack of publicity, word of the project spread quickly among crypto-minded coders. In the past year, more than 500 projects were created using the new tools, trying to do everything from predicting the price of bitcoin to analyzing wealth disparity among ether holders.
When it comes to cloud computing, Google is far behind Amazon and Microsoft. Last year Google pocketed an estimated $3 billion in revenue from cloud ser­vices. Amazon and Microsoft, meanwhile, generated about $27 billion and $10 billion, respectively.
Day is hoping that his project, known as Blockchain ETL (extract, transform, load), will help even the playing field. But even here Google is trying to catch up. Amazon entered blockchain in a big way in 2018 with a suite of tools for building and managing distributed ledgers. Microsoft got into the space in 2015, when it released tools for Ethereum’s blockchain. It now hosts a range of services as part of its Azure Blockchain Workbench. But while Amazon and Microsoft are focusing on making it easier to build blockchain apps, Day is focusing on exposing how blockchains are actually being used, and by whom.
“In the future, moving more economic activity on chain won’t just require a consensus level of trust,” says Day, referring to the core validating mechanism of blockchain technology. “It will require having some trust in knowing about who it is you’re actually interacting with.” In other words, if blockchain is to go mainstream, some of its beloved anonymity features will have to be abandoned.
A native of Placer County, California, Day got his first computer at the age of 5 and a few years later started writing simple programs. A fascination with volcanoes and dinosaurs turned his interest to life sciences, and he ultimately graduated from the University of Oregon with a dual degree in biology and Mandarin in 2000. From there he headed to UCLA to pursue a doctorate in human genetics and helped build a computer program to browse the genome.
It was at UCLA where Day began relying on distributed computing, a concept that is core to blockchains, which store their data on a large network of individual computers. In the early 2000s Day needed to analyze the massive amounts of data that make up the human genome. To solve this problem he hooked many small computers together, vastly increasing their power.
“Distributed-systems technology has been in my tool kit for a while,” Day says. “I could see there were interesting characteristics of blockchains that could run a global supercomputer.”
Hired in 2016 to work in the health and bio­informatics areas of Google, Day segued to blockchains, the hottest distributed-computing effort on the planet. But the talents he had honed—sequencing genomes for infectious diseases in real time and using AI to increase rice yields—were not easily applied to decoding blockchain.
Before Day and Medvedev released their tools, just searching a blockchain required specialized software called “block explorers,” which let users hunt only for specific transactions, each labeled with a unique tangle of 26-plus alphanumeric characters. Google’s Blockchain ETL, by contrast, lets users make more generalized searches of entire ecosystems of transactions.
To demonstrate how customers could use Blockchain ETL to make improvements to the crypto economy, Day has used his tools to examine the so-called hard fork, or an irrevocable split in a blockchain database, that created a new cryptocurrency—bitcoin cash—from bitcoin in the summer of 2017.
Google Cloud developer advocate Allen Day presents his early cryptocurrency work at Google's Asia Pacific headquarters in Singapore in August 2018. DORJEE SUN / PERLIN
This particular split was the result of a Hatfield and McCoy “war” within the bitcoin community between a group who wanted to leave bitcoin as it was and another who wanted to develop a currency that, like cash, was cheaper and faster to use for small payments. Using Google’s BigQuery, Day discovered that bitcoin cash, rather than increasing so-called micro-transactions, as the defecting developers claimed, was actually being hoarded among big holders of bitcoin cash. “I’m very interested to quantify what’s happening so that we can see where the legitimate use cases are for blockchain,” Day says. “Then we can move to the next use case and develop out what these technologies are really appropriate for.”
Day’s work is inspiring others. Tomasz Kolinko is a Warsaw-based programmer and the creator of a service that analyzes smart contracts, a feature of certain blockchains that is designed to transparently enforce contractual obligations like collateralized loans but with less reliance on third parties, like lawyers. Kolinko was frustrated with his blockchain queries.
In December, Kolinko met Day at a hackathon in Singapore. Within a month of the meeting, Kolinko was using Google’s tools to search for a smart contract feature called a “selfdestruct,” designed to limit a contract’s life span. Using his own software in conjunction with Day’s, Kolinko took 23 seconds to search 1.2 million smart contracts—something that would have taken hours before. The result: Almost 700 of them had left open a selfdestruct feature that would let anyone instantly kill the smart contract, whether that person was authorized or not. “In the past you couldn’t just easily check all the contracts that were using it,” Kolinko says. “This tool is both the most scary and most inspiring I’ve ever built.”
Day is now expanding beyond bitcoin and ethereum. Litecoin, zcash, dash, bitcoin cash, ethereum classic and dogecoin are being added to BigQuery. Independent developers are loading their own crypto data sets on Google. Last August, a Dutch developer named Wietse Wind uploaded the entire 400 gigabytes of transaction data from Ripple’s XRP blockchain, another popular cryptocurrency, into BigQuery. Wind’s data, which he updates every 15 minutes, prompted a Danish designer named Thomas Silkjaer to create a heat map of crypto flows. The resulting colorful orb reveals at a glance more than a million crypto wallets, including big ex­changes like Binance and London’s crypto debit card startup Wirex, which are neck deep in XRP transactions.
“Google has been a bit of a sleeping giant in blockchain,” says BlockApps CEO Kieren James-Lubin, who is partnering with Google to sell enterprise blockchain apps. In addition to Day’s work, Google has filed numerous patents related to the blockchain, including one in 2018 to use a “lattice” of interoperating blockchains to increase security, a big deal in a world where untold millions of crypto have been stolen by hackers. The company is also pushing its developers to build apps on the Ethereum blockchain, and Google’s venture arm, GV, has made a number of significant investments in crypto startups.
The giant, it seems, is waking up.
Reach Michael del Castillo at [email protected]. Cover image by Munshi Ahmed.
https://www.forbes.com/sites/michaeldelcastillo/2019/02/04/navigating-bitcoin-ethereum-xrp-how-google-is-quietly-making-blockchains-searchable/#5105408f4248
submitted by dForceProtocol to u/dForceProtocol [link] [comments]

ColossusXT Official AMA Ends!

Thank you for being a part of the first ColossusXT Reddit AMA! Below we will summarize the questions and answers. We had 13 questions from the community, and responded to 13 questions from the community! The ColossusXT team will do a Reddit AMA at the end of every quarter.
Q: What type of marketing plan are you guys looking to do in 2018?
A: Paid ads, b2b partnerships, and in person representation at more blockchain conferences this year are all being negotiated. Suggestions can be made by the community here: https://colossusxt.fider.io/
Q: If I am correct, currently only the devs of COLX are being paid. I understand that the majority of people working on COLX are volunteers and I respect and appreciate that. However, when do you guys think you are going to hire paid full/part time employees/professionals? How will you guys make this happen? As in where are you going to get the funds for this?
A: Currently the paid COLX employees are blockchain developers as they have a specific skill set that is difficult to acquire. In the future if the community feels that paid professionals are required in a specific job function, for example marketing, a budget proposal can be created and the community can pay for this from the colx governance system. Note, the governance system is not an endless bucket of money, so care needs to be taken to ensure the community is allocating these funds appropriately across all of the colx priorities.
Q: When will Zerocoin protocol be released?
A: Zerocoin Protocol will be released in Q2. Roadmap: https://colossuscoinxt.org/roadmap/
Q: Do you guys know when some COLX holders will get their coins back from Coinsmarkets? Also, where do you guys see COLX being used further down the road?
A: Based on an internal COLX investigation, we believe that all of the coins have been moved off of CoinsMarkets and sold on other exchanges. We're currently partnered with Polis Pay which will alow fiat to crypto purchases through their Debt card platform. We're also working on partnerships with multiple different payment processors and merchants.
Press Release: https://github.com/ColossusCoinXT/Documentation/blob/masteCM_PressRelease.pdf
Forensic Statement: https://github.com/ColossusCoinXT/Documentation/blob/masteColossusXT_Forensic_Statement_on_CoinsMarkets_Exchange_Fraud.pdf
Q: What separates colx from pivx, and other pivx forks?
A: ColossusXT is a privacy based blockchain. The future of ColossusXT is expansive. It will be built on the expansion of the Colossus Grid, with a backbone of privacy features. You'll be able to rent or sell computing power from the network to perform or even just speed up tasks that your computer has trouble handling. This is ideal if you routinely perform intensive calculations for activities like natural language processing (NLP), artificial intelligence (AI), or even machine learning for DNA exploration.
Example: You have 16GB of Ram, you rent 4GB for someone to use. Same with hard drive space, ect;
ColossusXT anonymous blockchain will protect your privacy, while you rent computing power.
This is the difference. Some privacy coins purpose is to be a private currency, ColossusXT aims to have a functioning anonymous currency, and Grid computing power utility.
Q: What other exchanges are we trying to get on? What is the status?
Thank you guys,
I am really looking forward to this AMA!
A: We cannot discolse which exchanges ColossusXT has currently applied to at this time. When we are able to make an announcement about an exchange listing we will post it on Twitter.
Q: Why do I always mint orphan blocks? I know what an orphan is but the last 7 times I have staked and minted they have been orphans
A: If a wallet is selected to generate the next new block (which will result in a staking reward) but does not complete this task in time, the new block will be orphaned and the task will be completed by another staking wallet. Thus, less responsive systems with a slower network connection and / or less available system resources will tend to generate more orphan blocks over time. If you have not updated to the latest wallet v1.0.3 you may see an increased number of Orphans. Orphan blocks are a normal occurrence on a blockchain.
Q: Is the max supply of coins fixed at 12 billion or are there plans to increase supply on a need basis? Since one of the features of COLX is to enable a lower than 1:1 split with major fiat currencies(USD/EUR), i wonder how will this be managed in the scenario that the exchange rate goes up and up and up ?
A: There is no max supply of COLX. Starting on April 28th, new COLX will be minted at a permanent rate of 1000 COLX per block, or 525,600,000 COLX per year, forever. As supply increases, these newly minted COLX will represent a smaller and smaller portion of the total supply. This means that the inflation rate will slowly decrease (asymptotically toward zero) over time. For example, next year the COLX supply will increase from 11.28B to 11.80B, an inflation rate of 4.7%. However, ten years later in 2029, the supply will increase from 16.53B to 17.06B, an inflation rate of 3.2%.
While we have designed our supply and inflation rate toward a goal of easy comparison to major fiat currencies, it is impossible to predict how this will compare in the future. There are currently no plans to alter the COLX supply to match world currency trends.
Q: Any additional informaton on the how the colx marketplace will work apart from what is mentioned in the whitepaper ? Reminds me of SilkRoad and we know what happened to that marketplace…
A: The colx decentralized marketplace will work similar to other decentralized marketplace projects currently in development from other teams. There are no specifics to release at this time, but Silk Road is not a development goal.
(Other projects, https://phore.io/marketplace/, https://www.syscoin.org/, https://soma.co/, https://www.openbazaar.org/ )
Q: How will ColX go about ensuring listings at the bigger exchanges. Is there a plan in place to reach the likes of bittrex and binance?
A: Yes, ColossusXT has reached out to many different exchanges recently. We do not believe that Bittrex or Binance are exchanges out of this communities reach. Funding for large exchange listings will be generated from the community governance system.
Q: Any thoughts on a rebrand at some point to something that rolls off the tongue better? Really not digging the name.
A: We recently re-branded from ColossusCoinXT to ColossusXT. At this time there are no plans to rebrand any time soon, but we are looking at requests from the community and have found that Colossus is being recommended. What do you recommend?
All community suggestions can be posted here to be voted on by the community; https://colossusxt.fider.io/
Q: Are you guys planning on making Master nodes cheaper? With Bitcoin, it doesn't cost as much as it does with altcoins. You can have a basic PC/laptop with 140GB of space and you're good to go to run a node. Masternode does few different things than a normal node, which is the following: Increasing privacy of transactions Doing instant transactions Participating in governance and voting Enable budgeting and treasury system in cryptos So if we can have cheaper Master Nodes that will increase the privacy of the transactions, there won't be any scalability issues in the long run and more people will participate with governing and voting. Which leads to more decentralized currency. Of course there should be a barrier with creating Master nodes so that nobody can cheat the system, but can we consider a lower entry barrier? What are your stance on this? Thanks!
A: Cost for masternodes will not change. Implementing a safe shared masternode system is on the roadmap for development.
Q: When are you going to start marketing.?....i think we have enough working product to market it.tech and marketing should go side by side.....what are your plans to keep the discord more active ? Shift from telegram to discord made the community bit lousy...not much interactions and activity as in telegram.(recruits from all the time zones is needed)
A: Marketing has already started. The team recently attended the London CryptoCurrency Show. If there are specific marketing tactics that the community would like to employ they can be added and voted on here; https://colossusxt.fider.io/. With a working governance system in place the community can also create marketing proposals as part of the colx governance system. Note, the governance system is not an endless bucket of money, so care needs to be taken to ensure the community is allocating these funds appropriately across all of the colx priorities.
Telegram is an awful platform for running a Community. We encourage all colx users to switch to Discord for more support and a better user experience.
Discord: https://discord.gg/pJdvA
Thank you for the questions!
Originial AMA Questions: https://np.reddit.com/ColossuscoinX/comments/8bia7o/official_colossusxt_ama/
If you feel that you can contribute to this community please review our hiring form: https://goo.gl/PQeCm7
Website: http://colossusxt.io/
Whitepaper: https://colossuscoinxt.org/whitepape
Roadmap: https://colossuscoinxt.org/roadmap/
Discord: https://discord.gg/UatyC
Telegram: https://web.telegram.org/#/[email protected]
submitted by PioyPioyPioy to ColossuscoinX [link] [comments]

Subreddit Stats: btc posts from 2018-05-14 to 2018-05-19 12:59 PDT

Period: 5.31 days
Submissions Comments
Total 783 12622
Rate (per day) 147.47 2006.25
Unique Redditors 432 1955
Combined Score 23860 47871

Top Submitters' Top Submissions

  1. 1470 points, 7 submissions: hunk_quark
    1. Purse.io is paying its employees in Bitcoin Cash. (441 points, 63 comments)
    2. Forbes Author Frances Coppola takes blockstream to task. (359 points, 35 comments)
    3. Purse CEO Andrew Lee confirms they are paying employees in BCH and native BCH integration update will be coming soon! (334 points, 43 comments)
    4. After today's BCH Upgrade, longer posts are now enabled on memo.cash! (245 points, 31 comments)
    5. Bitcoin cash fund is providing cashback and prizes for using Bitcoin (BCH) on purse.io next month. (76 points, 4 comments)
    6. As an existential threat to his criminal enterprise Wells Fargo, Bitcoin is rat poison for Warren Buffet. (15 points, 1 comment)
    7. Craig Wright in Rwanda- "I've got more money than your country". With advocates like these, no wonder BCH has a PR problem. (0 points, 6 comments)
  2. 1419 points, 6 submissions: tralxz
    1. Breaking News: Winklevoss Brothers Bitcoin Exchange Adds Bitcoin Cash support! (510 points, 115 comments)
    2. Jihan Wu was asked "Why are the miners still supporting Bitcoin Core? Is it just a short term profitability play?", he answered: "Yes, exactly." (273 points, 214 comments)
    3. Cobra:"That feeling when Blockstream, [...] release Liquid, a completely centralized sidechain run only by trusted nodes and designed for banks, financial institutions and exchanges." (240 points, 145 comments)
    4. Jihan Wu on Bloomberg predicting Bitcoin Cash at $100,000 USD in 5 years. (169 points, 65 comments)
    5. CNBC's Fast Money: Ran NeuNer says he would HODL Bitcoin Cash and sell Bitcoin Core. (168 points, 58 comments)
    6. Coindesk: "Florida Tax Collector to Accept Bitcoin, Bitcoin Cash Payments" (59 points, 8 comments)
  3. 1221 points, 14 submissions: Kain_niaK
    1. I am getting flashbacks from when I tried to close my Bank of America account ... (348 points, 155 comments)
    2. moneybutton.com is a configurable client-side Bitcoin Cash (BCH) wallet in an iframe. When the user makes a payment, a webhook URL is called allowing your app to respond to the payment, such as displaying content behind a pay wall. (189 points, 37 comments)
    3. Bitcoin Cash can turn in to the biggest non violent protest against the establishment ever : "We simply stop using their money." Which is a great way of getting edgy teenagers to join us. There is an almost infinite supply of edgy teenagers in the world. (153 points, 42 comments)
    4. Purse.io at the Coingeek conference in HK just announced native BCH support!!! They are also launching a new software implementation called "bcash" (111 points, 6 comments)
    5. Who is all doing stuff like this on Reddit? Do we realize that we can make the Bitcoin Cash economy easily 10 times as big just by getting Reddit users on board? All they need is a good first user experience. Bitcoin needs to be experienced above everything else before you even talk about it. (109 points, 53 comments)
    6. /cryptocurrency in meltdown (88 points, 16 comments)
    7. Ryan X Charles from Yours.org had an amazing to the point presentation about the future of content creation on the internet. (85 points, 12 comments)
    8. So now that we have had tippr and chaintip for a while, what are you guys favourite and why? Or do you use both? (43 points, 25 comments)
    9. John Moriarty about why you can't separate Bitcoin from Blockchain. (37 points, 12 comments)
    10. The next wave of attack will be all the big internet giants supporting Bitcoin Core and LN. Facebook, Microsoft, Twitter, I bet you that the more successful Bitcoin Cash becomes the more you will see big cooperation’s be forced to go with compromised Bitcoin. (25 points, 28 comments)
  4. 623 points, 5 submissions: BitcoinXio
    1. Frances Coppola on Twitter: “Congratulations, Blockstream, you have just reinvented the interbank lending market.” (414 points, 139 comments)
    2. We have a new alternative public mod logs (101 points, 35 comments)
    3. Bitcoin Cash (BCH) sponsored Mei Yamaguchi's championship fight will be live on YouTube in an hour or so (2 fights left before hers - Livestream) (53 points, 22 comments)
    4. Uncensored: /t/Bitcoin (reddit without the censorship) (49 points, 43 comments)
    5. Information post about the recent suspension and re-activation of publicmodlogs (Update) (6 points, 0 comments)
  5. 582 points, 1 submission: VanquishAudio
    1. Can’t believe this was available. My new license plate.. (582 points, 113 comments)
  6. 493 points, 8 submissions: MemoryDealers
    1. Bitcoin Cash supporting Bitmain is leading a $110M investment in Circle. This is super bullish for BCH on Circle! (122 points, 24 comments)
    2. Bitcoin Core supporter who scammed his way into consensus without a ticket is busy calling Bitcoin.com and others scammers at the event. (98 points, 140 comments)
    3. I see lots of people coming here every day asking why we think Bitcoin is BCH. Here is why I think so: (79 points, 73 comments)
    4. The Bitcoin.com CTO made a fun little transaction puzzle with one of the new op-codes: (79 points, 11 comments)
    5. Bitcoin Cash is the fighter that everyone loves. (42 points, 86 comments)
    6. This graphic aged well over the last 3 months. (34 points, 64 comments)
    7. An example of the sophisticated arguments BTC supporters use against BCH supporters. (20 points, 12 comments)
    8. Tired of staying up all night looking at CoinMarket Cap? Give Bitcoin.com's Satoshi Pulse a try in night mode! (19 points, 11 comments)
  7. 475 points, 4 submissions: rdar1999
    1. Consensus 2018 sucked hard. Superficial talks, ridiculous ticket price, overcrowded venue. (235 points, 78 comments)
    2. See in this twitter thread Luke Jr actually arguing that PayPal is cheaper than BCH!! Is this guy in full delirium? Or just spouts misinformation on purpose? (173 points, 227 comments)
    3. Upgrade completed at height 530356! (59 points, 2 comments)
    4. On decentralization and archival nodes. (8 points, 5 comments)
  8. 465 points, 17 submissions: Windowly
    1. Yeah!! "We are pleased to announce that the new Bitcoin Cash address format has been implemented on QuadrigaCX. This will help our users to easily distinguish Bitcoin and Bitcoin Cash addresses when funding/withdrawing their account. The BCH legacy addresses will still be supported." (164 points, 8 comments)
    2. "Friendly reminder: If you pay more than the bare minimum (1/sat per byte) to send a #BitcoinCash BCH transaction - you paid too much. 👍🏻"~James Howells (99 points, 12 comments)
    3. Bitpay Enables Bitcoin Cash (BCH) and Bitcoin Core (BTC) for Tax Payments - Bitcoin News (59 points, 31 comments)
    4. "I like the symbology of 1,000,000 ␢ = 1 ₿ for #BitcoinCash What the 'little b' units are called I don't care that much, it will settle in whether it remains 'bits', or 'cash', or 'credits' ... " (55 points, 54 comments)
    5. ~Public Service Announcement~ Please be extra careful using Bitcoin Cash on the Trezor! They have not yet implemented CashAddr Security. Make sure to covert your address with cashaddr.bitcoincash.org and double check with a block explorer to make sure the address is the same. (39 points, 12 comments)
    6. "WRT telling others what to do or not to do (as opposed to asking them) on the point of making proposals or petitioning others - I hope we can take the time to re-read and take to heart @Falkvinge 's excellent dispute resolution advice in . ." [email protected] (33 points, 0 comments)
    7. Why I support Bitcoin Cash (BCH). And why I support cash-denominated wallets. 1$ is inconsequential pocket change to some. To others it is their livelihood. Thank you @BitcoinUnlimit & @Bitcoin_ABC for your work in this regard. (7 points, 16 comments)
    8. If anyone feels that they are forced or imposed to do anything, or threatened by any other person or group’s initiative, he doesn’t understand Bitcoin Cash (BCH). The beauty of Bitcoin Cash is that innovation & creativity is permissionless. Let’s celebrate new ideas together! (5 points, 1 comment)
    9. "Bits as a unit right now (100sat), no matter named bits or cash or whatever, is extremely useless at this time and in the near future : Its worth 1/11 of a CENT right now. Even it suddenly 10x, its still only 1 single cent."~Reina Nakamoto (2 points, 7 comments)
    10. Love this converter! Thank you @rogerkver ! At present 778.17 ␢ = 1 USD (1,000,000 ␢ = 1 ₿) Tools.bitcoin.com (2 points, 0 comments)
  9. 443 points, 33 submissions: kairostech99
    1. Purse.io Adds Native BCH Support and Launches 'Bcash' (116 points, 40 comments)
    2. Openbazaar Enables Decentralized Peer-To-Peer Trading of 44 Cryptocurrencies (93 points, 21 comments)
    3. Thailand Waives 7% VAT for Individual Cryptocurrency Investors (84 points, 1 comment)
    4. Switzerland Formally Considers State Backed Cryptocurrency (26 points, 8 comments)
    5. Research Paper Finds Transaction Patterns Can Degrade Zcash Privacy (24 points, 2 comments)
    6. Japan's GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips (21 points, 0 comments)
    7. MMA Fighter Mei Yamaguchi Comes Out Swinging for Bitcoin.com (18 points, 5 comments)
    8. Bitmain Hits Back at “Dirty Tricks” Accusations (15 points, 4 comments)
    9. Circle Raises $110Mn With Plans to Launch USD-Backed Coin (6 points, 2 comments)
    10. Coinbase Remains the Most Successful and Important Company in the Crypto Industry (5 points, 7 comments)
  10. 420 points, 4 submissions: crypto_advocate
    1. Jihan on Roger: "I learnt a lot about being open and passionate about what you believe in from him[Roger]" (161 points, 45 comments)
    2. Bitcoin.com's first officially sponsored MMA fighter head to toe in Bitcoin Cash gear on her walkout - "She didn't win but won the hearts of a lot of new fans" (150 points, 14 comments)
    3. "Bitcoin Community is thriving again" Roger Ver at CoinGeek (98 points, 8 comments)
    4. Today is a historic day. [Twitter] (11 points, 1 comment)
  11. 376 points, 2 submissions: singularity87
    1. Bitcoin Cash Fund has partnered with Purse.io to launch their suite of BCH services and tools. (212 points, 15 comments)
    2. Proposal - Makes 'bits' (1 millionth BCH) the standard denomination and 'BIT' the ticker. (164 points, 328 comments)
  12. 349 points, 1 submission: bearjewpacabra
    1. UPGRADE COMPLETE (349 points, 378 comments)
  13. 342 points, 1 submission: Devar0
    1. Congrats! Bitcoin Cash is now capable of a 32MB block size, and new OP_CODES are reactivated! (342 points, 113 comments)
  14. 330 points, 3 submissions: btcnewsupdates
    1. Amaury Sechet in HK: "We want to be as boring as possible... If we do our job well, you won't even notice us." (173 points, 29 comments)
    2. This is the way forward: Miners Consider Using Bitcoin Cash Block Reward to Fund Development (136 points, 86 comments)
    3. Merchant adoption: unexpected success. Perhaps the community should now put more of its focus on canvassing end users. (21 points, 7 comments)
  15. 318 points, 3 submissions: HostFat
    1. From One to Two: Bitcoin Cash – Purse: Save 20%+ on Amazon [2018] (173 points, 25 comments)
    2. Open Bazzar v2.2.0 - P2P market and P2P exchange now! (92 points, 15 comments)
    3. Tree Signature Variations using Commutative Hash Trees - Andrew Stone (53 points, 5 comments)
  16. 287 points, 1 submission: Libertymark
    1. Congrats BCH developers, we appreciate your work here and continued innovation (287 points, 79 comments)
  17. 260 points, 9 submissions: unitedstatian
    1. The guy had 350 bucks received via Lightning Network but he can't even close the channels to actually withdraw the bitcoins. (135 points, 188 comments)
    2. The first megabytes are far more crucial than the 100th. Not every MB was born equal and by giving up on adoption for years Core may have given up on adoption forever. (69 points, 20 comments)
    3. Looks like fork.lol is misleading users on purpose into thinking the fees on BTC and BCH are the same (28 points, 32 comments)
    4. Just because the nChain patents aren't on the base protocol level doesn't mean it's a good idea, BCH could end up with patents which are so part of its normal use it will effectively be part of it. (13 points, 33 comments)
    5. [Not a meme] This is what the TxHighway BTC road should look like when the memepool is large. The unconfirmed tx's should be represented with cars waiting in the toll lines. (9 points, 2 comments)
    6. Lighthouse should have a small button to easily integrate it with any web page where a task is required (4 points, 1 comment)
    7. Poland Becomes World's First to put Banking Records on the Blockchain (2 points, 3 comments)
    8. If I were Core and wanted to spam BCH, and since spamming with multiple tx's will be counterproductive, I'd pay unnecessarily high fees instead (0 points, 32 comments)
    9. What happens when "the man" starts blocking nodes in China now that they function as mass media? (0 points, 1 comment)
  18. 259 points, 2 submissions: outofsync42
    1. Sportsbook.com now accepting BCH!! (215 points, 42 comments)
    2. BITCOIN CASH VS BITCOIN 2018 | Roger Ver on CNBC Fast Money (44 points, 15 comments)
  19. 255 points, 2 submissions: Bitcoinmathers
    1. Bitcoin Cash Upgrade Milestone Complete: 32MB and New Features (255 points, 90 comments)
    2. Bitgo Launches Institutional Grade Custodial Services Suite (0 points, 0 comments)
  20. 223 points, 2 submissions: ForkiusMaximus
    1. Japanese tweeter makes a good point about BTC: "You don't call it an asset if it crumbles away every time you go to use it. You call it a consumable." (141 points, 21 comments)
    2. Jimmy Nguyen: Bitcoin Cash can function for higher level technical programming (82 points, 3 comments)
  21. 218 points, 3 submissions: mccormack555
    1. Trying to see both sides of the scaling debate (193 points, 438 comments)
    2. Has Craig Wright Committed Perjury? New Information in the Kleiman Case (25 points, 56 comments)
    3. Thoughts on this person as a representative of Bitcoin Cash? (0 points, 21 comments)
  22. 216 points, 4 submissions: jimbtc
    1. $50K worth of crypto to anyone who leaks the inner communications of the #CultOfCore (183 points, 29 comments)
    2. Liquidity Propaganda: "The formation of payment hubs happens naturally even in two-party payment channels like the Lightning Network.". LOL. Fuel the LN vs Liquidity fire :D (31 points, 7 comments)
    3. WBD 017 - Interview with Samson Mow (2 points, 19 comments)
    4. If you wanted further proof that Andreas Antonopolous is a BCore Coreonic Cuck then here's a new speech from May 6th (0 points, 8 comments)
  23. 212 points, 1 submission: porlybe
    1. 32 Lanes on TXHighway (212 points, 96 comments)
  24. 211 points, 3 submissions: Akari_bit
    1. "AKARI-PAY Advanced" Released, for Bitcoin Cash! (73 points, 6 comments)
    2. 129% funded! We flew by our first BCH fundraising goal, demonstrating AKARI-PAY! HUGE SUCCESS! (70 points, 7 comments)
    3. Devs.Cash updated with new Dev projects, tools, and bounties for Bitcoin Cash! (68 points, 7 comments)
  25. 210 points, 1 submission: CollinEnstad
    1. Purse.io Introduces 'bcash', an Implementation of the BCH protocol, just like ABC, BU, or Classic (210 points, 125 comments)
  26. 206 points, 20 submissions: marcelchuo3
    1. Bitcoin Cash Community Sees OP_Code Innovation After Upgrade (70 points, 3 comments)
    2. Coingeek Conference 2018: Bitcoin Cash Innovation Shines in Hong Kong (65 points, 4 comments)
    3. Bitfinex Starts Sharing Customer Tax Data with Authorities (16 points, 3 comments)
    4. Colorado Proposal Aims to Allow Cryptocurrency Donations for Campaigns (12 points, 2 comments)
    5. Thailand Commences Cryptocurrency Regulations Today (8 points, 1 comment)
    6. Bitcoin Mining Manufacturer Canaan Files for Hong Kong Stock Exchange IPO (7 points, 0 comments)
    7. Bitcoin in Brief Thursday: OECD Explores Cryptocurrencies, Central Asian Powerhouse Calls for UN Crypto Rules (5 points, 0 comments)
    8. Moldova with New Crypto Exchange and a Token (5 points, 0 comments)
    9. Korean Regulators Widen Investigation of Cryptocurrency Exchanges (4 points, 0 comments)
    10. Arrest Warrants Issued to Employees of South Korean Crypto Exchange (3 points, 0 comments)
  27. 198 points, 1 submission: anberlinz
    1. I used to think BCH was the bad guy, now I'm beginning to change the way I see it... Convince me that BCH is the real Bitcoin (198 points, 294 comments)
  28. 196 points, 1 submission: Chris_Pacia
    1. First tree signature on Bitcoin Cash using new opcodes (196 points, 61 comments)
  29. 191 points, 3 submissions: cryptorebel
    1. Coinbase blog from 2015: "bits is the new default". The reason "bits" stopped being used was because of high fees on segwitcoin. Lets bring back "bits" on the real Bitcoin-BCH! (106 points, 66 comments)
    2. Here is the Bitcoin-BCH countdown clock to the hard fork upgrade with new 32MB block limit capacity, and re-enabled op-codes. Looks like its about 17 hours away. (78 points, 2 comments)
    3. This is Core's idea of open development, you are "super welcome" to work on anything that the gatekeepers say is ok. People tout Core as having so many devs but it doesn't matter much when you have to go through the gatekeepers. (7 points, 14 comments)
  30. 186 points, 2 submissions: coinfeller
    1. Bitcoin Cash France is offering 32 000 bits of BCH for Tipping Tuesday to celebrate the upgrade from 8MB to 32MB (178 points, 101 comments)
    2. How the Bitcoin Cash upgrade from 8MB to 32MB seems like :) (8 points, 10 comments)
  31. 185 points, 3 submissions: money78
    1. Congratulations Bitcoin Cash for the 32MB, WTG! (93 points, 5 comments)
    2. Roger Ver on CNBC's Fast Money again and he says bitcoin cash will double by the end of the year! (68 points, 30 comments)
    3. The Bitcoin Cash upgrade: over 8 million transactions per day, data monitoring, and other possibilities (24 points, 3 comments)
  32. 182 points, 26 submissions: haumeris28
    1. MMA Fighter Mei Yamaguchi Sponsored By Bitcoin Cash Proponent Roger Ver (32 points, 3 comments)
    2. Swiss Government is Studying the Risks and Benefits of State-Backed Cryptocurrency (30 points, 3 comments)
    3. Circle and Bitmain partner for US Dollar backed Token (25 points, 18 comments)
    4. Apple Co-Founder - Ethereum Has the Potential to be the Next Apple (16 points, 13 comments)
    5. Florida County To Begin Accepting Tax Payments in Crypto (14 points, 0 comments)
    6. ‘Blockchain Will Drive the Next Industrial Revolution’, According to a Major Wall Street Firm (11 points, 0 comments)
    7. Bitcoin Cash Undergoes a Hard Fork, Increases Block Size (10 points, 3 comments)
    8. Newly Appointed Goldman Sachs Vice President Leaves for Cryptocurrency (7 points, 5 comments)
    9. OKEx CEO Quits as Exchange Becomes World’s Largest Surpassing Binance (7 points, 2 comments)
    10. Texas Regulators Shut Down Crypto Scam, Falsely Using Jennifer Aniston and Prince Charles for Promotion (6 points, 0 comments)
  33. 174 points, 31 submissions: MarkoVidrih
    1. US Regulators Agree That They Will Not Will Not Suppress Cryptocurrencies (96 points, 10 comments)
    2. Why Stable Coins Are the New Central Bank Money (28 points, 9 comments)
    3. First Facebook, Then Google, Twitter and LinkedIn, Now Microsoft’s Bing Will Ban All Cryptocurrency Ads (10 points, 2 comments)
    4. Circle Raises $110 Mln and Plans to Use Circle USD Coin (USDC) instead of Tether (USDT) (9 points, 1 comment)
    5. 9 Million New Users Are About to Enter in Crypto Market (4 points, 6 comments)
    6. Japan’s Largest Commercial Bank Will Try its Own Cryptocurrency in 2019 (4 points, 0 comments)
    7. The Viability of the ERC-948 Protocol Proposal (4 points, 0 comments)
    8. A letter from Legendary VC Fred Wilson to Buffet: The Value of Bitcoin Lies in the Agreement Itself (3 points, 1 comment)
    9. This is Just The Beginning of Crypto! (3 points, 0 comments)
    10. What? U.S. SEC Just Launches ICO Called HoweyCoin (3 points, 2 comments)
  34. 170 points, 2 submissions: plaguewiind
    1. Twitter restricting accounts that mention Blockstream (104 points, 49 comments)
    2. This is actually fantastic! Jimmy Nguyen on ‘The Future of Bitcoin (Cash)’ at The University of Exeter (66 points, 31 comments)
  35. 168 points, 1 submission: MartinGandhiKennedy
    1. [COMPELLING EVIDENCE] Proof that Luke Jr does not lie (168 points, 41 comments)
  36. 167 points, 1 submission: higher-plane
    1. BCH showerthought: The first one or two killer apps for Bitcoin Cash that drive mass adoption will be the thing that decides the standards/denominations based on what people are using and catches on. Not a small forum poll or incessantly loud Twitter spam. (167 points, 24 comments)
  37. 160 points, 1 submission: SharkLaserrrrr
    1. [PREVIEW] Looks like Lighthouse powered by Bitcoin Cash is coming together nicely thanks to the hard work of an anonymous developer. I wonder how Mike Hearn feels about his project being resurrected. (160 points, 24 comments)
  38. 160 points, 1 submission: playfulexistence
    1. Lightning Network user has trouble with step 18 (160 points, 165 comments)

Top Commenters

  1. bambarasta (898 points, 154 comments)
  2. Kain_niaK (706 points, 177 comments)
  3. Ant-n (691 points, 145 comments)
  4. H0dl (610 points, 116 comments)
  5. Adrian-X (538 points, 93 comments)
  6. KoKansei (536 points, 35 comments)
  7. LovelyDay (456 points, 78 comments)
  8. 324JL (444 points, 109 comments)
  9. LexGrom (428 points, 132 comments)
  10. Erumara (427 points, 44 comments)
  11. lubokkanev (404 points, 119 comments)
  12. LuxuriousThrowAway (397 points, 66 comments)
  13. rdar1999 (387 points, 82 comments)
  14. zcc0nonA (379 points, 100 comments)
  15. MemoryDealers (369 points, 18 comments)
  16. RollieMe (366 points, 29 comments)
  17. Churn (352 points, 32 comments)
  18. jimbtc (349 points, 72 comments)
  19. btcnewsupdates (338 points, 61 comments)
  20. blockthestream (338 points, 25 comments)
  21. SharkLaserrrrr (335 points, 33 comments)
  22. kondratiex (311 points, 80 comments)
  23. trolldetectr (306 points, 58 comments)
  24. ForkiusMaximus (300 points, 47 comments)
  25. jonald_fyookball (300 points, 35 comments)
  26. mccormack555 (294 points, 78 comments)
  27. playfulexistence (292 points, 40 comments)
  28. scotty321 (287 points, 46 comments)
  29. BitcoinXio (269 points, 23 comments)
  30. TiagoTiagoT (263 points, 96 comments)
  31. Bitcoinopoly (260 points, 39 comments)
  32. homopit (249 points, 48 comments)
  33. DoomedKid (249 points, 41 comments)
  34. cryptorebel (246 points, 54 comments)
  35. Deadbeat1000 (243 points, 36 comments)
  36. mrtest001 (239 points, 78 comments)
  37. BeijingBitcoins (235 points, 16 comments)
  38. tippr (227 points, 122 comments)
  39. chainxor (226 points, 24 comments)
  40. emergent_reasons (222 points, 56 comments)
  41. morli (221 points, 1 comment)
  42. patrick99e99 (220 points, 8 comments)
  43. crasheger (214 points, 39 comments)
  44. ---Ed--- (213 points, 81 comments)
  45. radmege (212 points, 35 comments)
  46. anberlinz (212 points, 33 comments)
  47. unstoppable-cash (211 points, 46 comments)
  48. taipalag (210 points, 35 comments)
  49. rowdy_beaver (210 points, 25 comments)
  50. RareJahans (206 points, 45 comments)

Top Submissions

  1. Can’t believe this was available. My new license plate.. by VanquishAudio (582 points, 113 comments)
  2. Breaking News: Winklevoss Brothers Bitcoin Exchange Adds Bitcoin Cash support! by tralxz (510 points, 115 comments)
  3. Purse.io is paying its employees in Bitcoin Cash. by hunk_quark (441 points, 63 comments)
  4. Frances Coppola on Twitter: “Congratulations, Blockstream, you have just reinvented the interbank lending market.” by BitcoinXio (414 points, 139 comments)
  5. Forbes Author Frances Coppola takes blockstream to task. by hunk_quark (359 points, 35 comments)
  6. UPGRADE COMPLETE by bearjewpacabra (349 points, 378 comments)
  7. I am getting flashbacks from when I tried to close my Bank of America account ... by Kain_niaK (348 points, 155 comments)
  8. Congrats! Bitcoin Cash is now capable of a 32MB block size, and new OP_CODES are reactivated! by Devar0 (342 points, 113 comments)
  9. Purse CEO Andrew Lee confirms they are paying employees in BCH and native BCH integration update will be coming soon! by hunk_quark (334 points, 43 comments)
  10. Congrats BCH developers, we appreciate your work here and continued innovation by Libertymark (287 points, 79 comments)

Top Comments

  1. 221 points: morli's comment in Can’t believe this was available. My new license plate..
  2. 181 points: patrick99e99's comment in I used to think BCH was the bad guy, now I'm beginning to change the way I see it... Convince me that BCH is the real Bitcoin
  3. 173 points: RollieMe's comment in Trying to see both sides of the scaling debate
  4. 151 points: blockthestream's comment in Bitcoin Core supporter who scammed his way into consensus without a ticket is busy calling Bitcoin.com and others scammers at the event.
  5. 136 points: seleneum's comment in I am getting flashbacks from when I tried to close my Bank of America account ...
  6. 132 points: Falkvinge's comment in Talking to himself makes it so obvious that they're the same. lol
  7. 127 points: MemoryDealers's comment in Bitcoin Core supporter who scammed his way into consensus without a ticket is busy calling Bitcoin.com and others scammers at the event.
  8. 119 points: BitcoinXio's comment in Frances Coppola on Twitter: “Congratulations, Blockstream, you have just reinvented the interbank lending market.”
  9. 116 points: Erumara's comment in I used to think BCH was the bad guy, now I'm beginning to change the way I see it... Convince me that BCH is the real Bitcoin
  10. 115 points: KoKansei's comment in Purse.io Introduces 'bcash', an Implementation of the BCH protocol, just like ABC, BU, or Classic
Generated with BBoe's Subreddit Stats
submitted by subreddit_stats to subreddit_stats [link] [comments]

1st Round AMA Answers!

Based on the volume of questions from the East and West, we have compiled them all here. We also want to make sure the community has a chance to see all of the answers in a neat and orderly presentation.
 
Reddit 1st AMA Answers
What do you mean by “side chains”? Will the Hcash main chain run parallel with other chains, or are other chains plugged in based on certain block numbers? My question is based around the vertical and parallel scalability I see with EOS. What is the interaction with the side chains? Is this faster than vertical scaling?
Side chains will run parallel and be interoperable with the main chain. Side chains allow for new, more efficient, consensus mechanisms as well as smart contract functionality. Eventually other major blockchains will be interoperable with Hcash, through side chains and relays, DAG EVM for ETH, and other “Layer 2” solutions (Lightning Network for BTC and BTC forked code). Side chains allow for different scalability methods, flexibility and accessibility.
Is quantum resistance to protect against hacking, or against “fast mining” (preventing inequality between PoW miners)? How is it possible to guarantee quantum resistance? Isn’t our understanding of quantum computing just based on theories since quantum computers are not fully functional yet?
Quantum resistance is the protection against attacks made by quantum computers, which is currently contrasted by what we know about classical computers. Quantum computers weaken the security assumptions of certain types of cryptography, including ECDSA. If ECDSA were broken, attackers could steal balances in addresses that have made previous spends because the ECDSA public key for the address is revealed to the blockchain. Addresses with unexposed ECDSA keys will be resistant to this type of attack, as they are secured by RIPEMD160 and their ECDSA keys have not been revealed. Quantum resistance does not mean quantum proof. Quantum resistance means that quantum-based attacks do not have a significant advantage over the computers we have today. Based on what we currently know, our signature scheme is quantum resistant. No one knows what the future holds which is why it is important to always continue research and development into quantum resistant cryptography.
What do you mean by “exchange of value and valuable information”? Is this the exchange of coins and smart contracts?
The “value” you are referring is not derived from our current understanding of value (fiat). The “true value” that blockchain systems hold is stored in the hashes themselves. Data and information is king.
Imagine that in 2 years, a kid walks up to you and asks, “What do you do and how does it help society?”
We are one of many projects that helped build a more secure web of connected devices, and revolutionized peoples’ opinion on value and what really matters.
An uninformed businessman who has no understanding of blockchain, but has heard Bitcoin approaches you. How do you explain your product and the benefits to him so that he remembers to give you a call the next day?
Tell him to do his research on blockchain first before selling him on some grand idea. Smart investors grow a stable smart economy, not dumb money.
After reviewing the Hcash source code on GitHub https://github.com/HcashOrg/hcashd, I've found that almost all the Hcash main chain code has been written by SJTU (Shanghai Jiao Tong University), for example https://github.com/sammy00 https://github.com/yczhangsjtu. What have other contributors, such as the Nucleus Team, done for Hcash?
Shanghai Jiao Tong University’s Lab of Cryptography and Computer Security is the primary contributor to the main chain code. It is no small feat to have the 4th best university in China working on this project. The Nucleus Team is working with them to finish main chain testing. After the main chain launch, the Nucleus team will focus on the future development for Hcash including our side DAG EVM and main chain Lightning interoperability.
The main chain public repo hasn’t been updated very frequently.
Please refer to our new GitHub. The frequency of updates will increase as we approach/ pass the main chain launch.
When will the swap from Hshares to Hcash take place?
The swap to the main chain will take place after the main chain launch mid-February. Announcements will be made as to how and where you can swap your Hshares for Hcash.
What is the exact date of main chain launch?
The main chain launch will take place mid-February. We are aiming for release on February 15th.
Will you provide interoperability for all the existing blockchains?
We hope to provide interoperability for all blockchains in the future. That is a lot of work though. We will start with the larger chains that have healthy development and community sizes first. To make this easier, we plan to provide a back-end solution for new blockchains to make this process easier.
Will the interoperability between the blockchains support both transfer of data and transfer of value?
Yes
What is a block-less blockchain? Is this a traditional distributed system?
A block-less blockchain accomplishes the same goals as a traditional blockchain by using consensus to determine the order of transactions. A block-less blockchain, such as a DAG, allows for faster consensus without traditional block size requirements. Faster consensus means higher throughput.
How will Hcash bridge block-less and traditional blockchains?
Through relays between our main chain and side DAG. A more technical analysis will be available in our upcoming yellow paper.
What signature scheme will you use to achieve quantum resistance? Why?
Hcash is using the BLISS signature scheme. Hcash’s version of BLISS has been hardened to mitigate side channel attacks. BLISS was chosen for its efficient key and signature size.
Provide an overview as to how inoperability will be achieved.
We will be using relays to Hashed Timelock Contracts for Lightning Network interop on our main chain, relays and colored coins that operate with our DAG EVM, bridges to side chains for more uncommon chains, and back-end protocols for newer blockchains.
Specifically, what is the theory behind Hcash’s interoperability?
This answer would be longer than the entire AMA. Unfortunately, the specifics will have to wait until the yellow paper release. In the meantime, I would read the Lightning Network whitepaper because it is an excellent source of information. You could also research BTC relays and EVMs.
What is the timeline for interoperability? Will this be the main focus of Hcash? When can be expect an Alpha version?
We will be updating the roadmap in Q2. Interop timeframes will be easier to gauge after the main chain release. There are quite a few ideas around what we would like to tackle next, whether it would be assisting other projects on Lightning Network development, the DAG EVM implementation, or possibly both at the same time.
How will swap values be calculated when switching between blockchains? Is it based on the current market value?
Yes, it would be based on the current, real time market value.
Will you update the whitepaper to include a comprehensive overview of interoperability, its theory and its exchange functions?
In the coming months we plan to do an update on the white paper. The technical analysis will be provided in our yellow paper. These will be detailed in the updated roadmap to be released after the main chain launch.
Can you explain who will use the Hcash? I am trying to figure out where the supply and demand will come from.
Our target audience is everyone, from people playing mobile games to supporting business and government logic. The supply and demand will come with the need to transfer more and more data across multiple platforms. As for the economic model, this has not been outlined yet. We will be exploring all methods that fall in line with creating smart economies, including 2 token models.
Will you be hiring an advertising team?
We are already expanding Western marketing, primarily in the US. More focus on this will come soon after the main chain.
What are ring signatures in cryptography? How do they work?
At this time, we are exploring more efficient transaction schemes, such as bulletproofs. Bulletproofs can reduce the computational power needed for privatized/ anonymous transactions.
Most of us understand the interoperability of the network. What is a specific use case for Hcash? What role will Hcash have in the network? What makes it a requirement for interoperability? If someone has Bitcoin and wants to convert it to Ethereum using Hcash’s network wallet, is Hcash used as a fee for that conversion?
Here is an analogy. You walk into an arcade with 20 different machines. Each of these machines takes a different token, but you only have coins that operate with one of these machines. This would be the type of solution we hope to provide. Fees can be paid with Hcash. In the future we can explore taking fees in other denominations as well. More of this would be explained in detail with our yellow paper and economic model.
 
Baidu 1st AMA Answers
What specific date will the main chain go online?
Main chain release is mid-February, but we are aiming for launch on February 15th.
Are you willing to divulge how many apps you have in development for the Hcash main chain?
The primary focus right now is to improve the stability of the Hcash main chain. This will ensure successful launches in the future for developers on our side DAG EVM.
What is the Martian’s current relationship to Hcash? Is he still part of its team?
The Hcash team is currently located on Earth. The last I heard the Martian was returning to Mars.
Will the main chain go up according to schedule? Are there any problems with Hcash? The specialist sales team was made up of shareholders/ investors, right?
Provided no unforeseen circumstances, we are on schedule for the main chain release. There are roadblocks and disconnects with every project. This is a new world of technology we are exploring. I think the team you may be referring to is the Hcash Foundation themselves. A lot of the Western marketing and development is being handled by the Nucleus Team.
Is the code on GitHub all original? Are all developments executed on GitHub? Why is there so little original code? There are so few modifications. I also noticed there are remarkably few references to the code. Most of them are from documents that have been updated.
Many engineers have worked to contribute to the blockchain community over the years. We are taking advantage of the hard work and research that has been done while also making our own meaningful contributions for others to use in their code. It is important to acknowledge the contributions of others. The work completed by Decred in particular has allowed us to grow. Now we will have our chance to contribute back to them and others with our post quantum signature scheme and NG implementation. There are advantages of having similar projects that people don’t realize. For example, after our main chain launch we can explore assisting with development on the Lightning Network. As for GitHub, you will see activity increase when the main chain launches.
What is scope of the Hcash R&D team?
To assess, research and develop cutting edge decentralized consensus mechanisms and applications.
Hcash is currently collaborating with three universities. Shanghai Jiao Tong University has been working on the main chain quantum resistance. What are the main responsibilities of the other two universities?
Building blockchain technology is a group effort. The other teams have also been researching other options for main chains, smart contracts etc. For example, Dr. Joseph Liu from Monash University is working on ring signature schemes to continue our research and development into privatized transactions. We are looking forward to taking the best efforts of all teams and bringing them to the blockchain communities at large, starting with the post quantum implementation from LoCCS at Shanghai Jiao Tong University.
The Westerners working on Hcash don't seem very enthusiastic. They aren't following a lot of people on Twitter. Does the team have any clearer plans for increasing publicity?
The Westerners are primarily focused on the technology, development, and creating more content. The community management will be increasing transparency and activity in time. More Western marketing can be done after the launch of the main chain.
Are there plans to get onto more exchanges such as Bittrex?
When moon? We are constantly considering all options to allow users to access Hcash. Currently we are listed amongst some of the top exchanges like Binance and growing exchanges like KuCoin.
When will quantum resistant technology be implemented into Hcash? Where can we follow the developments being made and is there anywhere we can go to participate in the project?
Quantum resistant technology is available now on GitHub at https://github.com/HcashOrg/hcashd and will be available for use outside of the testing environment when the main chain launches in the middle of February.
Where do you download the wallet? How do you mine?
The wallet for the new main chain can be found on GitHub at https://github.com/HcashOrg/hcashwallet. You can mine on the new main chain by joining a pool or using the hcashd node to solo-mine.
When will Hshares swap Hcash? Can you announce a general time?
Hshares can be redeemed for Hcash after the main chain launches in the middle of February. Announcements will be made regarding how and where to swap your Hshares for Hcash.
Will there be an address mapping when Hshares swaps to Hcash like there was with EOS? What other kind of mechanism will be used for the coin swap?
A snapshot of Hshares will be included in the Genesis (first) block of Hcash’s launch to allow users to convert their Hshares into Hcash. An announcement will be made as to how, when and where conversions will take place.
When will the main chain that can support smart contracts go online? When will tokenization for Hcash take place?
Smart contract functionality will be available when our side DAG launches. Users, businesses and developers will be able to build dApps, launch tokens and more. We are making sure the main chain is a stable foundation before adding our DAG to the Hcash ecosystem.
There aren't many updates on GitHub and there aren’t many contributors. What kind of coordination is going on with the development team?
Both the Nucleus Team and members of Shanghai Jiao Tong University LoCCS are working together to finalize testing. Updates are being made to our GitHub at https://github.com/HcashOrg/hcashd.
Based on what I've been reading, Shanghai Jiao Tong University is mainly responsible for the main chain portion of the project. How is their team doing? How many research students in their labs are helping them?
Shanghai Jiao Tong is responsible for building and launching the new main chain. Their team there has been doing a great job with research and development and we look forward to seeing more of their work. The Nucleus Team is currently working with them to finish testing. After testing, the Nucleus team will focus on the future development of the project including our side DAG. I do not know the size of their team as we have not visited their lab.
Can you confirm that the main chain will finally go up in mid-February? Is it just a hypothetical date and then a further delay?
The primary responsibility is to make sure the main chain is stable and secure so that it can be used as the foundation to add other important features to the Hcash ecosystem, like smart contracts and hidden transactions. Everyone is working very hard to hit the target release date of mid-February. We are planning on mid-February for the launch unless anything unexpected comes up.
What is the status of these interoperability features? When is the main chain going online?
Main chain will be released mid-February. The interoperability features depend on the stability of the network. Our side DAG EVM will be the quickest addition to the Hcash ecosystem that will allow for ETH interoperability. Lightning Network on the main chain will require further research and development.
Won’t zero knowledge proofs conflict with the system’s throughput?
We are currently working on more uncommon implementations of zero proof knowledge, such as bulletproofs that allow for efficient transaction speeds. We can also achieve higher throughput with our side DAG.
 
Thank you to everyone who participated! Round 2 of our AMA session leading up to the launch of the main chain will be announced shortly 😊
submitted by Mr_Handsome_Nucleus to hcash [link] [comments]

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