How can I speed up Bitcoin Core syncing? : Bitcoin

(Updated) [Staking] Reddcoin Core client GUI wallet on a Raspberry Pi Model 3B

Intro

This thread is an update to my first Reddcoin staking tutorial that was written 7 months ago.
 
The reason for the update
My Reddcoin Core software crashed and became unusable. My Raspberry Pi 3B would lag and freeze, I couldn't stake anymore.
 
Instead of just redoing everything the same way, I wanted to see if I could improve on 3 points:
 
The updates
 
If you would like to tip me
Writing a tutorial like this takes time and effort; tips are appreciated. My Reddcoin address: RqvdnNX5MTam855Y2Vudv7yVgtXdcYaQAW.
     

Overview

 

Steps

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     

Video

https://www.youtube.com/watch?v=Snr5e8bzftI
This video shows how long it takes to start Reddcoin Core.   TL;DR:
     

Extra

Backup
Backup your wallet to prevent losing the RDDs in your wallet! There are two methods to backup, do both. Make new backups if you create a new receiving address!
 
 
   
Boot with only 1 USB drive plugged in:
Make sure only the USB drive (with the swap partition and data partition) is plugged in when you boot up your Raspberry Pi. This to make sure the swap partition (/dev/sda1) is recognized correctly.   If you boot up with multiple USB drives, Lubuntu might see the USB drive with the swap partition as the second drive (instead of the first drive), and ignore the 2 GB swap partition. If this happens, starting Reddcoin can render the Raspberry Pi unresponsive.
   
Connection issues If you have issues syncing the blockchain because you have 0 network connections, please follow the instructions in this thread.
   
Start Reddcoin Core easier
Run a shell script (.sh file), so you can start Reddcoin just by double clicking on an icon on your Desktop.
   
Minimization options
Adjust minimization options, so you can safely press on the X button (the close/exit button on the upper right corner).
   
RealVNC VNC Viewer (client) and VNC Connect (server): To remote connect to the Raspberry Pi, I use VNC Viewer ad VNC Connect from RealVNC.
 
   
Chromium as browser: The updates break Firefox, the browser crashes when you try to run it. Install another browser, Chromium, to solve this issue.
   
Updates / Upgrades
If Software Updater shows up and tells you that there is updated software available, do not install the updates using Software Updater. Use LXTerminal to update Lubuntu.  
     

Credits:

   
Credits in previous tutorial:
submitted by Yavuz_Selim to reddCoin [link] [comments]

A Guide to Keeping Keys Offline Using Armory +rPi

Hi Redditors.
I am going to post in this thread my experiences in getting my Desktop (Debian) machine running Armory in watch-only mode, and coupling that with an offline Raspberry Pi (which holds my private keys) for signing the transactions previously made in watch-only mode.
I actually compiled Armory from source directly on my Pi. This guide is probably more for the bitcoin 'power user', as to run Armory online, and broadcast the signed transactions, you need to have a bitcoin full node running (bitcoind).
Basic requirements:
Aimed-for Setup:
I'll post the guide in digestible sections...

Section 1

I should begin by saying I installed source code from git, and got Armory to build the DB on my desktop initially, WITHOUT creating a wallet.. (This allowed me to debug what was going on a little!)
Go to Bitcoin.org, select Armory..
It leads to a Download from Git:
https://github.com/goatpig/BitcoinArmory/releases
Followed the procedure for Linux Debian verify code, compile, install, all straight-forward..
Began by running bitcoind, and telling Armory where to find it. This is the command I used, obviously it was all on one line and didn't include the arrows/explanations!:
python ArmoryQt.py \ --satoshi-datadir=/BlockChain/chain20180414/blocks \ # <-----(where my bitcoind blocks live) --datadir=/ArmoryDataDi \ # <-----(this is instead of ~/.armory) --dbdir=/ArmoryDataDidatabases # <-------(again, non std. place used for Armory's databases.. my choice.) 
So, on the Desktop, after the initial "build databases"
(NB the initial "Build Databases" took about 1.5h and my two CPUs were maxed the whole time, Temps up to 62C. Not ideal; Im not in a rush!)
I then wanted to import a watch-only wallet.
Before I did this, I took a full backup of the Armory data dir:
/ArmoryDataDi
(or ~/.armory in a default installation).
I'd hate to have to make Armory do another full sync with the bitcoind node!

Section 2

Next step: offline wallet (with Private Keys) is on a Raspberry Pi.
I downloaded the source and managed to compile it on the pi itself! :)
Though there were some gymnastics needed to setup the Pi.
My Pi is running Raspbian based on Wheezy.. quite old!
I did the following on the Pi:
apt-get update apt-get upgrade (<---took about an hour!) apt-get install autotools-dev apt-get install autoconf 
Then I followed the instructions exactly as I had done for my Debian Desktop machine, EXCEPT:
I had to increase the Pi's swap space. I upped it from 100Mb to 400Mb.
The compilation took 7 hours, and my poor SD card got a thrashing.
But after compilation, I put the Swap back to 100Mb and Armory runs ok with about 150Mb of memory (no swap needed).
Swap increase on the Pi:
use your favourite editor, and open the file /etc/dphys-swapfile
add/change the following line:
CONF_SWAPSIZE=400 
Then, REBOOT the Pi:
sudo shutdown -h -P now 
Once the compilation was done on the Pi, put the swap back, rebooted and created an Armory wallet.
I added manual entropy and upped the encryption 'time' from 250ms to 2500ms - since the Pi is slow, but I'll be happy to wait for more iterations in the Key Derivation Function.
Once the wallet was created, it obviously prompts you for backup.
I want to add a private key of my own (i.e. import), so don't do the backup until this is over.
I import my Private Key, and Armory checks that this corresponds to a Public Key, which I check is correct.
This is the point now where the Pi storage medium (e.g an SD card) has to be properly destroyed if you ever get rid of it.
I had thought that now would be a good time to decide if your new wallet will generate Segwit receiving addresses, and also addresses used to receive 'change' after a transaction..
But it seems Armory WON'T let you switch to P2SH-P2WPKH unless your Armory is connected to a node offering "WITNESS" service.
Obviously, my Pi is offline and will never connect to a node, so the following will not work on the Pi:
NB: I thought about setting this on the Debian "watch-only" wallet, but that would surely mean doom, as the Pi would not know about those addresses and backups might not keep them.. who knows...
So, end result:- no segwit for me just yet in my offline funds.

--If anyone can offer a solution to this, I'd be very grateful--

Section 3

Ok, now this is a good point to back up your wallet on the Pi. It has your imported keys. I choose a Digital Backup - and put it on a USB key, which will never touch the internet and will be stored off-site. I also chose to encrypt it, because I'm good with passwords..
NB: The Armory paper backup will NOT back up your imported private keys, so keep those somewhere if you're not sweeping them. It would be prudent to have an Armory paper backup anyway, but remember it will likely NOT help you with that imported key.
Now for the watch-only copy of the wallet. I want to get the "watch-only" version onto my Desktop Debian machine.
On the Pi, I created (exported to a USB key) a "watching-only" copy of my wallet.
I would use the RECOMMENDED approach, export the "Entire Wallet File".
As you will see below, I initially exported only the ROOT data, which will NOT capture the watching-only part of the Private Key I entered manually above (i.e. the public Key!).
Now, back on the Debian Desktop machine...
I stopped all my crontab jobs; just give Armory uninterrupted CPU/memory/disk...
I also stopped bitcoind and made a backup prior to any watch-only wallet being imported.
I already made a backup of Armory on my Desktop, before any wallet import.
(this was needed, as I made a mistake.. see below)
So on the Debian Desktop machine, I begin by firing up bitcoind.
my command for this is:
./bitcoind -daemon -datadir=/BlockChain/chain20180414 -dbcache=400 -maxmempool=400 

Section 4

I try running Armory like this:
(I'm actually starting Armory from a script - StartArm.sh)
Inside the script StartArm.sh, it has the line:
python ArmoryQt.py --ram-usage=4 --satoshi-datadir=/BlockChain/chain20180414/blocks --datadir=/ArmoryDataDi --dbdir=/ArmoryDataDidatabases 
I know from bitter experience that doing a scan over the blockchain for a new wallet takes a looong time and a lot of CPU, and I'd like it to play nicely; not gobble all the memory and swap and run my 2xCPUs both at 100% for four hours...
So... I aim to run with --ram-usage=X and --thread-count=X
(For me in the end, X=1 but I began with X=4)
I began with --ram-usage=4 (<--- = 4x128Mb)
The result is below...
TypeError: cannot concatenate 'str' and 'int' objects 
It didn't recognise the ram-usage and carried on, crippling my Debian desktop PC.
This is where it gets dangerous; Armory can gobble so much memory and CPU that the windowing environment can cease up, and it can take over 30 minutes just to exit nicely from bitcoind and ArmoryDB.
So, I ssh to the machine from another computer, and keep an eye on it with the command
"free -h" 
I'd also be able to do a "sudo reboot now" if needed from here.

Section 5

So, trying to get my --ram-usage command recognised, I tried this line (added quotes):
python ArmoryQt.py --ram-usage="4" --satoshi-datadir=/BlockChain/chain20180414/blocks --datadir=/ArmoryDataDi --dbdir=/ArmoryDataDidatabases 
But no, same error...
Loading Armory Engine: Armory Version: 0.96.4 Armory Build: None PyBtcWallet Version: 1.35 Detected Operating system: Linux OS Variant : ('debian', '9.4', '') User home-directory : /home/ Satoshi BTC directory : /BlockChain/chain20180414 Armory home dir : /ArmoryDataDi ArmoryDB directory : /ArmoryDataDidatabases Armory settings file : /ArmoryDataDiArmorySettings.txt Armory log file : /ArmoryDataDiarmorylog.txt Do wallet checking : True (ERROR) ArmoryUtils.py:3723 - Unsupported language specified. Defaulting to English (en) (ERROR) ArmoryQt.py:1833 - Failed to start Armory database: cannot concatenate 'str' and 'int' objects Traceback (most recent call last): File "ArmoryQt.py", line 1808, in startArmoryDBIfNecessary TheSDM.spawnDB(str(ARMORY_HOME_DIR), TheBDM.armoryDBDir) File "/BitcoinArmory/SDM.py", line 387, in spawnDB pargs.append('--ram-usage=' + ARMORY_RAM_USAGE) TypeError: cannot concatenate 'str' and 'int' objects 

Section 6

So, I edit the Armory python file SDM.py:
if ARMORY_RAM_USAGE != -1: pargs.append('--ram-usage=4') #COMMENTED THIS, SO I CAN HARDCODE =4 # ' + ARMORY_RAM_USAGE) 
Running it, I now have acknowledgement of the --ram-usage=4:
(WARNING) SDM.py:400 - Spawning DB with command: /BitcoinArmory/ArmoryDB --db-type="DB_FULL" --cookie --satoshi-datadir="/BlockChain/chain20180414/blocks" --datadir="/ArmoryDataDi" --dbdir="/ArmoryDataDidatabases" --ram-usage=4 
Also, even with ram-usage=4, it used too much memory, so I told it to quit.
It took over 30 minutes to stop semi-nicely. The last thing it reported was:
ERROR - 00:25:21: (StringSockets.cpp:351) FcgiSocket::writeAndRead FcgiError: unexpected fcgi header version 
But that didn't seem to matter or corrupt the Armory Database, so I think it's ok.
So, I get brave and change SDM.py as below, and I make sure my script has a command line for --ram-usage="ABCDE" and --thread-count="FGHIJ"; the logic being that these strings "ABCDE" will pass the IF criteria below, and my hardcoded values will be used...
if ARMORY_RAM_USAGE != -1: pargs.append('--ram-usage=1') #COMMENTED THIS, SO I CAN HARDCODE =1 # ' + ARMORY_RAM_USAGE) if ARMORY_THREAD_COUNT != -1 pargs.append('--thread-count=1') #COMMENTED THIS, SO I CAN HARDCODE =1 #' + ARMORY_THREAD_COUNT) 
So, as usual, I use my script and start this with: ./StartArm.sh
(which uses command line:)
python ArmoryQt.py --ram-usage="ABCDE" --thread-count="FGHIJ" --satoshi-datadir=/BlockChain/chain20180414/blocks --datadir=/ArmoryDataDi --dbdir=/ArmoryDataDidatabases 
(this forces it to use my hard-coded values in SDM.py...)
So, this is the command which it reports that it starts with:
(WARNING) SDM.py:400 - Spawning DB with command: /BitcoinArmory/ArmoryDB --db-type="DB_FULL" --cookie --satoshi-datadir="/BlockChain/chain20180414/blocks" --datadir="/ArmoryDataDi" --dbdir="/ArmoryDataDidatabases" --ram-usage=1 --thread-count=1 
Again, this is where it gets dangerous; Armory can gobble so much memory and CPU that the windowing environment can cease up. So I ssh to the machine and keep an eye on it with:
"free -h" 

Section 7

So, on the Debian Desktop PC, I inserted the USB stick with the watch-only wallet I exported from the Pi.
Start Armory...
Import "Entire Wallet File" watch-only copy.
Wait 4 hours..
YAY!!!
After running Armory for about 30m, the memory usage dropped by 400m... wierd...
It took ~2 hours to get 40% completion.
After 3.5 hours it's almost there...
The memory went up to about 1.7Gb in use and 900Mb of Swap, but the machine remained fairly responsive throughout, apart from a few (10?) periods at the start, where it appeared to freeze for 10-30s at a time.
(That's where my ssh session came in handy - I could check the machine was still ok with a "free -h" command)
Now, I can:
Create an unsigned transaction on my Desktop,
Save the tx to USB stick,
Move to the Pi,
Sign the tx,
Move back to the Desktop,
Broadcast the signed tx.

Section 8

My initial Mistake:
This caused me to have to roll-back my Armory database, using the backup. so you should try to avoid doing this..
On the Pi, I exported only the ROOT data, which will NOT capture the watching-only part of the Private Key
It is RECOMMENDED to use the Digital Export of Entire Wallet File from the Pi when making a watch-only copy. If you just export just the "ROOT data", not the "Entire Wallet File", you'll have problems if you used an imported Private Key in the offline wallet, like I did.
Using the ROOT data text import, after it finished... my balance was zero. So,. I tried a Help->Rescan Balance (Restart Armory, takes 1minute to get back up and running) No Luck. Still zero balance.
So, I try Rescan Databases.. This will take longer. Nah.. no luck.
So, I tried again, thinking it might be to do with the fact that I imported the text "root data" stuff, instead of following the (Recommended) export of watching-wallet file.
So, I used my Armory backup, and wound back the ArmoryDataDi to the point before the install of the (zero balance) wallet. (you should not need to do this, as you will hopefully use the RECOMMENDED approach of exporting the "Entire Wallet File"!)
submitted by fartinator to Bitcoin [link] [comments]

Ravencoin Open Developer Meeting - 2/15/2019

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:02 PM
Hello everybody!

theking - Last Friday at 2:02 PM

Seems likes it’s been so long since this meeting was held. At least a month 📷

Tron - Last Friday at 2:02 PM

Hi all!!!

Tom - Last Friday at 2:02 PM

Big boss is here !(edited)

BigZim - Last Friday at 2:03 PM

Oh hi

theking - Last Friday at 2:04 PM

Hi @Tron

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:04 PM

Topics for today: Release 2.2.2, Mobile Wallet, Restricted Assets, SLC Raven Meetup📷1

truedev - Last Friday at 2:05 PM

hello

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:05 PM

Release 2.2.2 GO

J. | ravenland.org - Last Friday at 2:05 PM

Hey

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:05 PM

BTW, blondfrogs won't be able to join us today. 📷

corby - Last Friday at 2:05 PM

Hi all

Chatturga - Last Friday at 2:05 PM

Blondefrogs has been working on the 2.2.2 update. He isnt here today, but he left this tidbit for the meeting:(edited)"Release 2.2.2 has a bunch of new updates. The sync speed fix that was released in 2.2.1 has been updated even more to use less memory/ram and uses less CPU. Each node used to hold all addresses that contained an asset as well as the amount in those addresses. That is now optional with the -assetindex flag. Which can be put into the raven.conf or added as a parameter when starting the wallet. Some other wallet issues were also fixed with this memory update. This is considered an mandatory update, especially if you haven't updated to 2.2.1 which resolved a potential fork bug fix. I would still suggest updating to 2.2.2 even if you are on 2.2.1."📷6

Jeroz - Last Friday at 2:07 PM

wen source?📷1

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:07 PM

There's a PR that was just moved to Develop.When is now

Jeroz - Last Friday at 2:08 PM

great 📷

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:08 PM

It'll be merged by the devs to master and then binaries should be posted soon

truedev - Last Friday at 2:09 PM

any idea when dividends will be functional?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:09 PM

A bunch of testing has been happening and is currently running on the seed-nodes.

Tron - Last Friday at 2:10 PM

No timeline for dividends, but it is the one function that doesn't need any changes to consensus. And it can be done on tier 2 with a python script. The plan is still to build in a rpc call.📷2

truedev - Last Friday at 2:11 PM

alright

SpyderDev - Last Friday at 2:12 PM

We have been focusing on sync performance and have been running many tests. I've added an image of the results of this testing. Currently we still want to work on getting the Windows QT sync times faster (at least closer to what they are using just ravend). Overall we are very happy with the speeds and hope it will help people that have struggled getting their nodes up to date.(edited)📷

Jeroz - Last Friday at 2:13 PM

Yeah that table completely puzzled me

[Master] Roshii - Last Friday at 2:13 PM

hello!📷6

Jeroz - Last Friday at 2:13 PM

Fast branch is 2.2.1? or 2.2.2? Develop branch is 2.2.0?

SpyderDev - Last Friday at 2:15 PM

Sorry, should have clarified that. I was testing while it was still under development. On the table the top is the new-sync code, the bottom is the old "assets" release. As of about 5 minutes ago all of this code is on the develop branch.

Jeroz - Last Friday at 2:15 PM

Although syncing is mostly bottlenecked by cpu speed, that 16 core windows-qt still looks off to me. I synced windows Qt using 2.2.2 in ~2h on a i5-7600K.ok

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:17 PM

Okay, we good to move to the Mobile update?

SpyderDev - Last Friday at 2:17 PM

The Windows box is an AWS instance and there is some concern that the remote desktop could be slowing the QT UI down causing the horrible sync times. I am working on getting a local Windows 10 resource and will have updated information once that is ready (early next week).

Jeroz - Last Friday at 2:18 PM

ah that might explain. Ubuntu qt was 45 mins for me

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:18 PM

CoolOkay, Mobile!Go!

[Master] Roshii - Last Friday at 2:18 PM

📷📷1

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:19 PM

@[Master] Roshii has been working closely with some of the other devs to get the iOS version out the door.Android will follow closely.

Jeroz - Last Friday at 2:20 PM

is android an easy port?

J. | ravenland.org - Last Friday at 2:20 PM

Usually its the case(?), i mean easier 📷(edited)

SpyderDev - Last Friday at 2:20 PM

Just copy and paste right Roshii 📷

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:20 PM

LOLNo, usually its a completely new development effort.For the RVN Wallets they are both written in native iOS/Android code.

[Master] Roshii - Last Friday at 2:21 PM

So the iOS and Android use the same Core SPV module written in C, and it's the most difficult part.I have already did some work when it comes to Android, and it's 70% finishedHave also to port all the changes we lately did to the iOS wallet ...

boatsandhoes - Last Friday at 2:21 PM

yeah, unfortunately its not as easy as cut and paste for ios to android

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:21 PM

Anybody interested in installing the TestFlight version and helping us test?

boatsandhoes - Last Friday at 2:22 PM

yes

J. | ravenland.org - Last Friday at 2:22 PM

For android? sure.

BW__ - Last Friday at 2:22 PM

Android? yes.(edited)

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:22 PM

I'll talk to Apple about adding Android support to TestFlight.Might be a while.

J. | ravenland.org - Last Friday at 2:22 PM

lol

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:22 PM

Anybody on here using iOS?

Jeroz - Last Friday at 2:22 PM

Yeh me

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:22 PM

besides me...

[Master] Roshii - Last Friday at 2:23 PM

Android is very close, fortunately I'll have enough coffee in Morocco to finish the wallet in two weeks.(edited)📷4📷5

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:23 PM

https://testflight.apple.com/join/NTVQ2FfY (400 installs available)Join the RVN Wallet betaAvailable on iOS📷

theking - Last Friday at 2:23 PM

I will test iOS if needed

[Master] Roshii - Last Friday at 2:23 PM

@shiny

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:24 PM

Some of the devs have been doing a bunch of testing on iOS but we would love others to help.Bugs can be reported on GitHubhttps://github.com/RavenProject/ravenwallet-iosGitHubRavenProject/ravenwallet-iosContribute to RavenProject/ravenwallet-ios development by creating an account on GitHub.📷

truedev - Last Friday at 2:25 PM

how confident are you that apple will allow it on the appstore

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:25 PM

It's already in the App store.

truedev - Last Friday at 2:25 PM

ok

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:25 PM

That wasn't easy though.

truedev - Last Friday at 2:26 PM

yah figured, a lot of coins have been completely rejected(edited)

Chatturga - Last Friday at 2:26 PM

The devs already jumped through Apples 152,315 flaming hoops to get it in there.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:26 PM

Yup, many meetings and phone calls.

J. | ravenland.org - Last Friday at 2:26 PM

wen rvn modular phone

Jeroz - Last Friday at 2:27 PM

Looking good📷📷7

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:28 PM

Okay, any questions about iOS release?

jaysonb - Last Friday at 2:28 PM

seed word format changed? i seem to have to have same words. did i need to delete and install fresh?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:29 PM

No, it used your old ones.Always have your 12 words. especially when testing.

ravencoin maximalist 🧘🏻♂ - Last Friday at 2:30 PM

I’ve got iOS

Tron - Last Friday at 2:30 PM

If you use your 12-words, and then sync, and you're missing funds. Go here: https://medium.com/@tronblack/ravencoin-testing-ios-wallet-b713deb2c800MediumRavencoin — Testing iOS Wallet – Tron Black – MediumThank you for helping us test the Ravencoin iOS mobile wallet. Since you are in an early group of testers, you might have used the…

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:30 PM

Sweet, install and report bugs.

Tron - Last Friday at 2:30 PM

Or just go there...

jaysonb - Last Friday at 2:30 PM

that article scared me so i moved everything off.but i'll put some back on now

ravencoin maximalist 🧘🏻♂ - Last Friday at 2:31 PM

📷

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:31 PM

That's unfortunate. You don't need to be scared ever if you have your 12 words.

[Master] Roshii - Last Friday at 2:31 PM

android current state(edited)📷

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:32 PM

Here's the install link one more time for those that have joined late: https://testflight.apple.com/join/NTVQ2FfYJoin the RVN Wallet betaAvailable on iOS📷Okay, Tron's topic: Restricted Tokens

Tron - Last Friday at 2:33 PM

I have an idea.(edited)📷7📷6

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:34 PM

That several other devs have helped with. 📷

Tron - Last Friday at 2:34 PM

📷

SpyderDev - Last Friday at 2:34 PM

and lawyers

Tron - Last Friday at 2:34 PM

When the project started, ICOs were the big thing. Now it is STOsThe main difference is the legal wrapping and rules around securities.If Ravencoin has two more token types (Tags and Restricted Assets), there are lots of ways to make compliant tokens.Importantly, it doesn't affect the existing tokens at all.Tags - Tokens that can be sent only by the issuer once (with metadata).These tokens start with (hashtag)(edited)📷8

SpyderDev - Last Friday at 2:37 PM

^(octothorpe)

Tron - Last Friday at 2:37 PM

The Restricted Assets start with $, and can be frozen by the issuer. But they only move between tagged addresses.(edited)

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:38 PM

Tags can be sent to a user's address after the issuer has done the necessary due diligence for an STO issuance.(edited)

Tron - Last Friday at 2:38 PM

The issuer determines which tags the Restricted Asset will honor.This can be used for lots of different use cases.

EEE - Last Friday at 2:38 PM

Stunning interface guys

boatsandhoes - Last Friday at 2:39 PM

will that determination be a setting in the wallet?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:39 PM

Restricted assets can then only be sent to addresses that are allowed and have the proper Tags.

boatsandhoes - Last Friday at 2:39 PM

interesting📷1

J. | ravenland.org - Last Friday at 2:39 PM

Did you guys get contacted by some entity* whos forcing the restricted address policy? or is this done as precautionary measure? At first glance your idea sounds good Tron.(edited)

Tron - Last Friday at 2:39 PM

Example: $UBER token only moves among addresses tagged with #KYC

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:40 PM

So Ravenland will have to buy a bunch more spam tokens.📷4

SpyderDev - Last Friday at 2:40 PM

#ravenland.

boatsandhoes - Last Friday at 2:40 PM

so is the $ something that can be added to an existing asset?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:40 PM

It's not a forced thing. But adding the ability for Raven to be used in new use cases where legal requirements exist.

Tron - Last Friday at 2:40 PM

Not contacted by anyone, and not precautionary. Ravencoin Assets are just tools. This is just another tool that will help issuers of security tokens.📷9📷4

BW__ - Last Friday at 2:41 PM

Love it.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:41 PM

It'll be a new token type that you can create @boatsandhoes📷1

ravencoin maximalist 🧘🏻♂ - Last Friday at 2:41 PM

That sounds awesome

SpyderDev - Last Friday at 2:41 PM

I for one am very excited about this...📷4

Hans_Schmidt - Last Friday at 2:41 PM

How does the $ token owner specify the required # tags?

DeejayQQ - Last Friday at 2:41 PM

Can the same name have different token type?Sorry need time to digest

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:42 PM

Still working out the details. Tron will be posting additional info about the idea soon.

Steelers - Last Friday at 2:42 PM

Cool

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:42 PM

Feedback is wanted!

Tron - Last Friday at 2:42 PM

Q: Was this originally the plan for Ravencoin? A: No. This is in response to the regulatory ramp up in 2018 in some jurisdictions which requires that only known individuals or entities to operate peer-to-peer on certain tokens. For jurisdictions that allow unrestricted peer-to-peer transfer, we strongly encourage use of the original Ravencoin assets. The Restricted Assets are an adaptation to satisfy burdensome, privacy-destroying regulations, with a goal of reducing information replication which makes Ravencoin Restricted Assets a better alternative to those being promoted now.

jaysonb - Last Friday at 2:43 PM

all nodes will validate the transactions not just those interested in the transaction - i assume all will validate..

boatsandhoes - Last Friday at 2:43 PM

so essentially any name already secured in the hopes of having that functionality are worth less because they wont be able to?

theking - Last Friday at 2:44 PM

Can the restricted assets be time based in any way? For instance, in some STO regulated environment, there is a lockup for some period of time after issuance, but then after a certain period of time the restriction goes away and the securities can be traded. Is that contemplated at all?

DeejayQQ - Last Friday at 2:44 PM

If I already have Tron as my asset, there could be another Tron but under a different token type such as restricted assets?

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:44 PM

Yes all nodes will do consensus checks.

corby - Last Friday at 2:44 PM

@boatsandhoes there's going to be a grace period where you can purchase $XXX if you own XXXon the order of months

boatsandhoes - Last Friday at 2:45 PM

📷 📷 📷 📷

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:45 PM

Yes, you have the TRON asset and you can also have the $TRON asset.(edited)

Tron - Last Friday at 2:45 PM

Regarding the lockup....

boatsandhoes - Last Friday at 2:45 PM

how many RVN for that?

Tron - Last Friday at 2:45 PM

Rule 144 under the Securities Act of 1933 This is an important rule to be aware of in terms of privately held securities. This rule provides the most commonly used exemption for holders to sell restricted securities (Note: For context, a restricted security is a security sold in an exempt offering, except for Reg A+). The general idea is that you can publicly resell your “restricted” (privately sold) securities only when the restricted legend is removed. The solution Ravencoin Restricted Assets provides is the ability for the Iissuer to Freeze the asset ininto the holders account. The qty will be visible, and the frozen status will be visible. The meta-data for a Freeze can specify 144_Restricted. The issuer can Unfreeze to release the 144 restriction.Similar for Reg D 1-year lockup.@theking

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:46 PM

@theking ^^

DeejayQQ - Last Friday at 2:46 PM

What is the timeline for this restricted asset to be implemented?📷1

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:46 PM

No timelines yetStill in the ideation phase.

SpyderDev - Last Friday at 2:46 PM

Fresh off the press...

DeejayQQ - Last Friday at 2:46 PM

Ok, idea for nowGot it

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:46 PM

Wanting input for the idea.

boatsandhoes - Last Friday at 2:47 PM

a preset for lock up settings would be nice

Jeroz - Last Friday at 2:47 PM

What about the ability to move an asset from restricted to unrestricted after grace period similar to the reissue ability? By the issuer(edited)

boatsandhoes - Last Friday at 2:47 PM

adjustable preset*

DeejayQQ - Last Friday at 2:48 PM

If this restricted assets would help underlying token listed on exchanges for trading by satisfying the legal requirements, I don’t see why not. There are only benefits📷2

boatsandhoes - Last Friday at 2:48 PM

yeah, win win

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:48 PM

There is something similar in vote tokens.

corby - Last Friday at 2:48 PM

@Jeroz the issuer would be able to "reissue" and relax restrictions

DeejayQQ - Last Friday at 2:48 PM

Just throwing things out here. Can we just make all existing tokens crested so far restricted assets?*created

boatsandhoes - Last Friday at 2:49 PM

stupid question, is it possible to have burned rvn cost for the $ to add onto the block reward as a bonus?(edited)

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:49 PM

No, @DeejayQQ there should be both usecases available in the platform.

corby - Last Friday at 2:49 PM

We (my dog and I) are envisioning a differentiated space where we can charge a lot more RVN to keep non-serious people out..(edited)

Tron - Last Friday at 2:49 PM

@Jeroz Yes, as long as the asset is still "reissuable", you could change the logic from (#KYC & #ACCREDITED) to just #KYC📷3

Jeroz - Last Friday at 2:49 PM

I'm just worrying about the name uniqueness if you can have #BANANA and $BANANA

BW__ - Last Friday at 2:50 PM

Is it fair to assume that tags can be standardized for specific purposes? If so, should we create something akin to an 'ERC' in git repo?

Jeroz - Last Friday at 2:50 PM

@Tron sounds cool

truedev - Last Friday at 2:50 PM

honestly, I think you should be able to buy/create an asset in a set, with all types(edited)

boatsandhoes - Last Friday at 2:50 PM

^that part

Hans_Schmidt - Last Friday at 2:51 PM

Since the #KYC tag is just locked to an address, what prevents someone from selling their address and thereby the KYC?

corby - Last Friday at 2:51 PM

The "#" types won't trade -- they're just stamps to stamp addresses as qualified-to-hold-some-stuff..

Tron - Last Friday at 2:51 PM

The tags are created by the users. The system is still jurisidiction agnostic.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:51 PM

@Hans_Schmidt nothing really, the same thing as selling your username password to any other existing financial app account.

corby - Last Friday at 2:51 PM

@Hans_Schmidt Real world networks, high cost of entry (for serious applications)For non-serious applications, nothing

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:51 PM

You still have the liability associated with that account though.

Jeroz - Last Friday at 2:52 PM

@corby what about BANANA/ vs $BANANA/ ?Or do you want to make them subassets?

boatsandhoes - Last Friday at 2:52 PM

@Jeroz better safe than sorry, just swoop both

Tron - Last Friday at 2:52 PM

A country could require that #SOMECOUNTRY tag has to exist before moving $SPECIALASSET to an address. The users set the rules. #KYC was just an example because it is an industry problem at the moment.

corby - Last Friday at 2:52 PM

#BANANA, $BANANA, TRICYCLE, and BANANA can all coexist just fine I think..

theking - Last Friday at 2:53 PM

Thanks @Tron. This is great and I think something that will enable raven to become an even more widely used platform.📷4

Tron - Last Friday at 2:53 PM

That's the hope. I think it solves some real problems that the industry is trying to solve through incompatible ERC-20 experiments.📷3

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:54 PM

/hacks📷3

boatsandhoes - Last Friday at 2:54 PM

what is the purposed cost for $ in addition to an existing asset?

corby - Last Friday at 2:54 PM

People that own #THESE I am calling "Qualifiers" -- they just stamp their mark on addresses. Issuers of $THESE need to establish trust with #THESE and #THOSE and then decide what restrictions to apply.📷1

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:54 PM

5 mins left. Stay on this topic or switch to meetup?

Tron - Last Friday at 2:55 PM

@boatsandhoes Not determined.

Jeroz - Last Friday at 2:55 PM

yeah the idea is a nice proof of ownership / membership

DeejayQQ - Last Friday at 2:55 PM

Meetup

Chatturga - Last Friday at 2:55 PM

TL;DR - The SLC meetup is in 1 month. Go to https://www.meetup.com/Salt-Lake-City-salt-lake-city-Meetup/ to indicate if you plan on attending so that we have a somewhat accurate headcount.MeetupSalt Lake City Ravencoin (Salt Lake City, UT)Ravencoin is a blockchain and platform optimized for transferring assets, such as tokens, from one holder to another, and is built on a fork of the Bitcoin code. It is intended to prioritize security,📷

corby - Last Friday at 2:55 PM

@boatsandhoes One Million Raven

Chatturga - Last Friday at 2:55 PM

Punch and pie

J. | ravenland.org - Last Friday at 2:56 PM

Can the SLC meetup made interactive for people that cant make it there?

theking - Last Friday at 2:56 PM

What about having just one name ( you first buy the standard raven token under whatever name you like) and then the holder of the owner token is the only one to create restricted tokens ? Might be some way to ensure no name confusion.📷4

boatsandhoes - Last Friday at 2:56 PM

what about that block reward bonus concept for purchasing $. would that work?

Chatturga - Last Friday at 2:56 PM

I dont know that we have the ability to make it interactive as far as Q&A goes, but I'll look into it. We should have it live streaming. @J. | ravenland.org(edited)📷2

BW__ - Last Friday at 2:56 PM

@Tron Is there same kind of logic layer to restricted assets?(edited)

Tron - Last Friday at 2:57 PM

@theking I like that idea.

Jeroz - Last Friday at 2:57 PM

Quick question that is offtopic but I think deserves an answer because it was asked a couple of times earlier this week: Will unique assets get a reissuable function? To change IPFS.(edited)📷2

Tron - Last Friday at 2:57 PM

@BW__ Yes. Simple and, or, not and parenthesis - limited in length.(edited)

boatsandhoes - Last Friday at 2:57 PM

@theking thats a good idea

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:58 PM

@Jeroz There is not a way to do that currently.

BW__ - Last Friday at 2:58 PM

@Tron That makes sense. Thank you.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 2:58 PM

Just make sure your changes to the information have the same hash as the previous data and your golden. 📷📷1

Jeroz - Last Friday at 2:59 PM

Any plans on changing that, perhaps when introducing new types of assets?

boatsandhoes - Last Friday at 2:59 PM

i like that it cant be changed

corby - Last Friday at 3:00 PM

Thanks everyone!

theking - Last Friday at 3:00 PM

@Tron there was some info floating around about a 2nd later KYC solution ( from your recent podcast w Crypto Koala). Is that a separate solution someone is working on or part of this new concept?📷1

Tron - Last Friday at 3:01 PM

Starting with the introduction of messaging, every transaction can have an IPFS hash. Can be used as an public invoice, details about the transaction, etc.@theking The same new concept.

[Master] Roshii - Last Friday at 3:02 PM

Ok, we're done.

Steelers - Last Friday at 3:02 PM

How would Raven handle for instance a stock split?

BW__ - Last Friday at 3:02 PM

Are there sync concerns if a restricted asset logic layer is added?

Tron - Last Friday at 3:02 PM

@theking The KYC provider would store the KYC info, and send the Tag to an address with meta data that specifies that they're holding the KYC data. The KYC data would not be public, but could be audited.

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 3:02 PM

That way you could update information about the original unique asset with each transaction.@Steelers Just a simple re-issue of the asset

Tron - Last Friday at 3:03 PM

@bw_ The logic layer is only a small db that stores the meta-data about the Restricted Asset, and enforces the restriction in the consensus rules. Rule returns true/false.(edited)

RavencoinDev (Jesse/Wolfsokta) - Last Friday at 3:03 PM

Thanks everybody! I have to run.

Jeroz - Last Friday at 3:04 PM

I'm looking forward to the discussions to let this take shape. Thanks all! 📷📷4

Tron - Last Friday at 3:05 PM

@BW__ It would work very similarly to the way the units works now. Each asset has number of units and any transaction that makes it too granular (more satoshis) will fail in consensus -- even if it gets past the RPC checks.Signing off. Thanks all!!!📷9📷4📷9
submitted by Chatturga to Ravencoin [link] [comments]

Interested in contributing to the BTC network? Here is the steps to get a full node up and running in Linux.

These instructions will work both on a VPS cloud server or a personal computer. You may find cheap VPS somewhere online for rent.
What Is A Full Node?
A full node is a program that fully validates transactions and blocks. Almost all full nodes also help the network by accepting transactions and blocks from other full nodes, validating those transactions and blocks, and then relaying them to further full nodes.
Most full nodes also serve lightweight clients by allowing them to transmit their transactions to the network and by notifying them when a transaction affects their wallet. If not enough nodes perform this function, clients won’t be able to connect through the peer-to-peer network—they’ll have to use centralized services instead.
Many people and organizations volunteer to run full nodes using spare computing and bandwidth resources—but more volunteers are needed to allow Bitcoin to continue to grow. This document describes how you can help and what helping will cost you.
Costs And Warnings
Running a Bitcoin full node comes with certain costs and can expose you to certain risks. This section will explain those costs and risks so you can decide whether you’re able to help the network.
Special Cases
Miners, businesses, and privacy-conscious users rely on particular behavior from the full nodes they use, so they will often run their own full nodes and take special safety precautions. This document does not cover those precautions—it only describes running a full node to help support the Bitcoin network in general.
Please consult an expert if you need help setting up your full node correctly to handle high-value and privacy-sensitive tasks.
Secure Your Wallet
It’s possible and safe to run a full node to support the network and use its wallet to store your bitcoins, but you must take the same precautions you would when using any Bitcoin wallet. Please see the securing your wallet page for more information.
Minimum Requirements
Bitcoin Core full nodes have certain requirements. If you try running a node on weak hardware, it may work—but you’ll likely spend more time dealing with issues. If you can meet the following requirements, you’ll have an easy-to-use node.
Note: many operating systems today (Windows, Mac, and Linux) enter a low-power mode after the screensaver activates, slowing or halting network traffic. This is often the default setting on laptops and on all Mac OS X laptops and desktops. Check your screensaver settings and disable automatic “sleep” or “suspend” options to ensure you support the network whenever your computer is running.
Possible Problems
Legal: Bitcoin use is prohibited or restricted in some areas.
Bandwidth limits: Some Internet plans will charge an additional amount for any excess upload bandwidth used that isn’t included in the plan. Worse, some providers may terminate your connection without warning because of overuse. We advise that you check whether your Internet connection is subjected to such limitations and monitor your bandwidth use so that you can stop Bitcoin Core before you reach your upload limit.
Anti-virus: Several people have placed parts of known computer viruses in the Bitcoin block chain. This block chain data can’t infect your computer, but some anti-virus programs quarantine the data anyway, making it more difficult to run a full node. This problem mostly affects computers running Windows.
Attack target: People who want to disrupt the Bitcoin network may attack full nodes in ways that will affect other things you do with your computer, such as an attack that limits your available download bandwidth or an attack that prevents you from using your full node’s wallet for sending transactions.
Linux Instructions
The following instructions describe installing Bitcoin Core on Linux systems.
Ubuntu 14.10 Instructions for Bitcoin Core 0.10.0.
If you use Ubuntu Desktop, click the Ubuntu swirl icon to start the Dash and type “term” into the input box. Choose any one of the terminals listed:
Alternatively, access a console or terminal emulator using another method, such as SSH on Ubuntu Server or a terminal launcher in an alternative desktop environment.
Type the following line to add the Bitcoin Personal Package Archive (PPA) to your system:
sudo apt-add-repository ppa:bitcoin/bitcoin
You will be prompted for your user password. Provide it to continue. Afterwards, the following text will be displayed:
Stable Channel of bitcoin-qt and bitcoind for Ubuntu, and their dependencies
More info: https://launchpad.net/~bitcoin/+archive/ubuntu/bitcoin
Press [ENTER] to continue or ctrl-c to cancel adding it
Press enter to continue. The following text (with some variations) will be displayed and you will be returned to the command line prompt:
gpg: keyring /tmp/tmpixuqu73x/secring.gpg' created gpg: keyring/tmp/tmpixuqu73x/pubring.gpg' created gpg: requesting key 8842CE5E from hkp server > > > >keyserver.ubuntu.com gpg: /tmp/tmpixuqu73x/trustdb.gpg: trustdb created gpg: key 8842CE5E: public key "Launchpad PPA for Bitcoin" imported gpg: no ultimately trusted keys found gpg: Total number processed: 1 pg: imported: 1 (RSA: 1) OK
Type the following line to get the most recent list of packages:
sudo apt-get update
A large number of lines will be displayed as different update files are downloaded. This step may take several minutes on a slow Internet connection.
To continue, choose one of the following options
sudo apt-get install bitcoin-qt
sudo apt-get install bitcoind
sudo apt-get install bitcoin-qt bitcoind
After choosing what packages to install, you will be asked whether you want to proceed. Press enter to continue.
If you’re logged in as an administrative user with sudo access, you may log out. The steps in this section should be performed as the user you want to run Bitcoin Core. (If you’re an expert administrator, you can make this a locked account used only by Bitcoin Core.)
Before using the Bitcoin Core daemon, bitcoind, you need to create its configuration file with a user name and password. First create the .bitcoin directory, create (touch) the file, and set the file’s permissions so that only your user account can read it. From the terminal, type:
mkdir ~/.bitcoin touch ~/.bitcoin/bitcoin.conf chmod 600 ~/.bitcoin/bitcoin.conf
Then you can run the command bitcoind. It will print output similar to this:
bitcoind Error: To use the "-server" option, you must set a rpcpassword in the configuration file: /home/bitcoinorg/.bitcoin/bitcoin.conf It is recommended you use the following random password: rpcuser=bitcoinrpc rpcpassword=XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX (you do not need to remember this password)
The username and password MUST NOT be the same.
If the file does not exist, create it with owner-readable-only file permissions. It is also recommended to set alertnotify so you are notified of problems; for example: alertnotify=echo %s | mail -s "Bitcoin Alert" [email protected] The “rpcpassword” displayed will be unique for your system. You can copy the rpcuser and rpcpassword lines into your configuration file using the following commands. Note that in most Ubuntu terminals, you need to press Ctrl-Shift-C to copy and Ctrl-Shift-V to paste because Ctrl-C and Ctrl-V have different meanings in a Unix-style terminal.
echo rpcuser=bitcoinrpc >> ~/.bitcoin/bitcoin.conf echo rpcpassword=XXXXXX >> ~/.bitcoin/bitcoin.conf (Warning: Don’t use XXXXXX as your RPC password. Copy the rpcpassword displayed by bitcoind for your system.)
Now you can start Bitcoin Core daemon for real. Type the following command:
bitcoind -daemon
It will print a message that Bitcoin Core is starting. To interact with Bitcoin Core daemon, you will use the command bitcoin-cli (Bitcoin command line interface). Note: it may take up to several minutes for Bitcoin Core to start, during which it will display the following message whenever you use bitcoin-cli:
error: {"code":-28,"message":"Verifying blocks..."}
After it starts, you may find the following commands useful for basic interaction with your node:
to safely stop your node, run the following command:
bitcoin-cli stop
A complete list of commands is available in the Bitcoin.org developer reference.
When Bitcoin Core daemon first starts, it will begin to download the block chain. This step will take at least several hours, and it may take a day or more on a slow Internet connection or with a slow computer. During the download, Bitcoin Core will use a significant part of your connection bandwidth. You can stop Bitcoin Core at any time using the stop command; it will resume from the point where it stopped the next time you start it.
Optional: Start Your Node At Boot
Starting your node automatically each time your computer boots makes it easy for you to contribute to the network. The easiest way to do this is to start Bitcoin Core daemon from your crontab. To edit your crontab, run the following command:
crontab -e
@reboot bitcoind -daemon Save the file and exit; the updated crontab file will be installed for you. Now Bitcoin Core daemon will be automatically started each time your reboot your computer.
If you’re an Ubuntu expert and want to use an init script instead, see this Upstart script.
You have now completed installing Bitcoin Core. If you have any questions, please ask in one of Bitcoin’s many communities, such as Bitcoin StackExchange, BitcoinTalk technical support, or the #bitcoin IRC chatroom on Freenode.
To support the Bitcoin network, you also need to allow incoming connections. Please read the Network Configuration section for details.
Network Configuration
If you want to support the Bitcoin network, you must allow inbound connections.
When Bitcoin Core starts, it establishes 8 outbound connections to other full nodes so it can download the latest blocks and transactions. If you just want to use your full node as a wallet, you don’t need more than these 8 connections—but if you want to support lightweight clients and other full nodes on the network, you must allow inbound connections.
Servers connected directly to the Internet usually don’t require any special configuration. You can use the testing instructions below to confirm your server-based node accepts inbound connections.
Home connections are usually filtered by a router or modem. Bitcoin Core will request your router automatically configure itself to allow inbound connections to Bitcoin’s port, port 8333. Unfortunately many routers don’t allow automatic configuration, so you must manually configure your router. You may also need to configure your firewall to allow inbound connections to port 8333. Please see the following subsections for details.
Testing Connections
The BitNodes project provides an online tool to let you test whether your node accepts inbound connections. To use it, start Bitcoin Core (either the GUI or the daemon), wait 10 minutes, and then visit the GetAddr page (https://getaddr.bitnodes.io/). The tool will attempt to guess your IP address—if the address is wrong (or blank), you will need to enter your address manually.
For more instruction and reviews based off BTC please follow my subreddit /BTC_Reviews
all material from this post was found here --> https://bitcoin.org/en/full-node
submitted by Mattjhagen to Bitcoin [link] [comments]

The Strange Birth & History of Monero, Part IV: Monero "as it is now"

You can read here part III.
You can read this whole story translated into Spanish here
This is part IV, the last but not least.
Monero - A secure, private, untreceable cryptocurrency
https://bitcointalk.org/index.php?topic=583449.0
Notable comments in this thread:
-201: “I would like to offer 1000 MRO to the first person who creates a pool”
(https://bitcointalk.org/index.php?topic=583449.msg6422665#msg6422665)
[tacotime offers bounty to potential pool developer. Bytecoin devs haven’t released any code for pools, and the only existent pool, minergate (in the future related to BCN interests) was closed source]
-256: “Adam back seems to like CryptoNote the better than Zerocash https://twitter.com/adam3us/status/453493394472697856”
(https://bitcointalk.org/index.php?topic=583449.msg6440769#msg6440769)
-264: “update on pools: The NOMP guy (zone117x) is looking to fork his open source software and get a pool going, so one should hopefully be up soon.”
(https://bitcointalk.org/index.php?topic=583449.msg6441302#msg6441302)
-273: “Update on GUI: othe from VertCoin has notified me that he is working on it.”
(https://bitcointalk.org/index.php?topic=583449.msg6442606#msg6442606)
-356: “Everyone wanting a pool, please help raise a bounty with me here:
https://bitcointalk.org/index.php?topic=589533.0
And for the GUI:
https://bitcointalk.org/index.php?topic=589561.0”
(https://bitcointalk.org/index.php?topic=583449.msg6461533#msg6461533)
[5439 MRO + 0.685 BTC + 5728555.555 BCN raised for pool and 1652 XMR, 121345.46695471 BCN for the GUI wallet. Though this wallet was "rejected" as official GUI because wallet still has to be polished before building a GUI]
-437: “Yes, most Windows users should see a higher hashrate with the new build. You can thank NoodleDoodle. ”
(https://bitcointalk.org/index.php?topic=583449.msg6481202#msg6481202)
-446: “Even faster Windows binaries have just been uploaded. Install for more hash power! Once again, it was NoodleDoodle.”
(https://bitcointalk.org/index.php?topic=583449.msg6483680#msg6483680)
-448: “that almost doubled my hashrate again! GREAT STUFF !!!”
(https://bitcointalk.org/index.php?topic=583449.msg6484109#msg6484109)
-461: “Noodle only started optimization today so there may be gains for your CPU in the future.”
(https://bitcointalk.org/index.php?topic=583449.msg6485247#msg6485247)
[First day of miner optimization by NoodleDoodle, it is only May 1st]
-706: “The unstoppable NoodleDoodle has optimized the Windows build again. Hashrate should more than double. Windows is now faster than Linux. :O”
(https://bitcointalk.org/index.php?topic=583449.msg6549444#msg6549444)
-753: “i here tft is no longer part of the project. so is he forking or relaunching bytecoin under new name and new parameters (merged mining with flatter emission curve.) also. what is the end consensus for the emission curve for monero. will it be adjusted."
(https://bitcointalk.org/index.php?topic=583449.msg6561345#msg6561345)
[May, 5th 2014. TFT is launching FANTOMCOIN, a clone coin which its "only" feature was merged mining]
-761: (https://bitcointalk.org/index.php?topic=583449.msg6561941#msg6561941) [May, 5th 2014 – eizh on emission curve and tail emission]
-791: “As promised, I did Russian translation of main topic.”
(https://bitcointalk.org/index.php?topic=583449.msg6565521#msg6565521)
[one among dozens of decentralized and “altruist” collaborators of Monero in minor tasks]
-827: image
(https://bitcointalk.org/index.php?topic=583449.msg6571652#msg6571652)
-853: (https://bitcointalk.org/index.php?topic=583449.msg6575033#msg6575033)
[some are not happy that NoodleDoodle had only released the built binaries, but not the source code]
-950: (https://bitcointalk.org/index.php?topic=583449.msg6593768#msg6593768)
[Rias, an account suspected to be related to the Bytecoin scam, dares to tag Monero as “instamine”]
-957: “It's rather bizarre that you're calling this an "instamine" scam when you're so fervently supporting BCN, which was mined 80% before entering the clearnet. Difficulty adjustments are per block, so there is no possibility of an instamine unless you don't publish your blockchain (emission is regular at the preset interval, and scales adequately with the network hash rate). What you're accusing monero of is exactly what ByteCoin did.”
https://bitcointalk.org/index.php?topic=583449.msg6594025#msg6594025
[Discussion with rias drags on for SEVERAL posts]
-1016: “There is no "dev team". There is a community of people working on various aspects of the coin.
I've been keeping the repo up to date. NoodleDoodle likes to optimise his miner. TFT started the fork and also assists when things break. othe's been working on a GUI. zone117x has been working on a pool.
It's a decentralized effort to maintain the fork, not a strawman team of leet hackers who dwell in the underbellies of the internet and conspire for instamines.”
(https://bitcointalk.org/index.php?topic=583449.msg6596828#msg6596828)
-1023: “Like I stated in IRC, I am not part of the "dev team", I never was. Just so happens I took a look at the code and changed some extremely easy to spot "errors". I then decided to release the binary because I thought MRO would benefit from it. I made this decision individually and nobody else should be culpable”
(https://bitcointalk.org/index.php?topic=583449.msg6597057#msg6597057)
[Noodledoodle gets rid of the instaminer accusations]
-1029: “I decided to relaunch Monero so it will suit all your wishes that you had: flatter emission curve, open source optimized miner for everybody from the start, no MM with BCN/BMR and the name. New Monero will be ready tomorrow”
(https://bitcointalk.org/index.php?topic=583449.msg6597252#msg6597252)
[people trying to capitalize mistakes is always there.]
-1030: "Pull request has been submitted and merged to update miner speed
It appears from the simplicity of the fix that there may have been deliberate crippling of the hashing algorithm from introduction with ByteCoin."
https://bitcointalk.org/index.php?topic=583449.msg6597460#msg6597460
[tacotime “officially” raises suspects of possible voluntarily crippled miner]
-1053: "I don't mind the 'relaunch' or the merge-mining fork or any other new coin at all. It's inevitable that the CryptoNote progresses like scrypt into a giant mess of coins. It's not undesirable or 'wrong'. Clones fighting out among themselves is actually beneficial for Monero. Although one of them is clearly unserious and trolling by choosing the same name.
Anyway, this sudden solidarity with BCN or TFT sure is strange when none of these accounts were around for the discussions that took place 3 weeks ago. Such vested interests with no prior indications. Hmm...? "
https://bitcointalk.org/index.php?topic=583449.msg6599013#msg6599013
[eizh points out the apparent organized fudding]
-1061: "There was no takeover. The original developer (who himself did a fork of bytecoin and around a dozen lines of code changes) was non-responsive and had disappeared. The original name had been cybersquatted all over the place (since the original developer did not even register any domain name much less create a web site), making it impossible to even create a suitably named web site. A bunch of us who didn't want to see the coin die who represented a huge share of the hash power and ownership of the coin decided to adopt it. We reached out to the original developer to participate in this community effort and he still didn't respond over 24 hours, so we decided to act to save the coin from neglect and actively work toward building the coin."
(https://bitcointalk.org/index.php?topic=583449.msg6599798#msg6599798)
[smooth defends legitimacy of current “dev team” and decisions taken]
-1074: “Zerocash will be announced soon (May 18 in Oakland? but open source may not be ready then?).
Here is a synopsis of the tradeoffs compared to CyptoNote: […]"
(https://bitcointalk.org/index.php?topic=583449.msg6602891#msg6602891)
[comparison among Zerocash y Cryptonote]
-1083: "Altcoin history shows that except in the case of premine (Tenebrix), the first implementation stays the largest by a wide margin. We're repeating that here by outpacing Bytecoin (thanks to its 80% mine prior to surfacing). No other CN coin has anywhere near the hashrate or trading volume. Go check diff in Fantom for example or the lack of activity in BCN trading.
The only CN coin out there doing something valuable is HoneyPenny, and they're open source too. If HP develops something useful, MRO can incorporate it as well. Open source gives confidence. No need for any further edge."
(https://bitcointalk.org/index.php?topic=583449.msg6603452#msg6603452)
[eizh reminds everyone the “first mover” advantage is a real advantage]
-1132: "I decided to tidy up bitmonero GitHub rep tonight, so now there is all valuable things from latest BCN commits & Win32. Faster hash from quazarcoin is also there. So BMR rep is the freshest one.
I'm working on another good feature now, so stay tuned."
(https://bitcointalk.org/index.php?topic=583449.msg6619738#msg6619738)
[first TFT apparition in weeks, he somehow pretends to still be the "lead dev"]
-1139: "This is not the github or website used by Monero. This github is outdated even with these updates. Only trust binaries from the first post."
(https://bitcointalk.org/index.php?topic=583449.msg6619971#msg6619971)
[eizh tries to clarify the community, after tft interference, which are the official downloads]
-1140: “The faster hash is from NoodleDoodle and is already submitted to the moner-project github (https://github.com/monero-project/bitmonero) and included in the binaries here.
[trying to bring TFT back on board] It would be all easier if you just work together with the other guys, whats the problem? Come to irc and talk like everyone else?
[on future monero exchangers] I got confirmation from one."
(https://bitcointalk.org/index.php?topic=583449.msg6619997#msg6619997)
[8th may 2014, othe announces NoodleDoodle optimized miner is now open source, asks TFT to collaborate and communicates an exchanger is coming]
-1146: "I'll be impressed if they [BCN/TFT shills] manage to come up with an account registered before January, but then again they could buy those.”
(https://bitcointalk.org/index.php?topic=583449.msg6620257#msg6620257)
[smooth]
-1150: “Ring signatures mean that when you sign a transaction to spend an output (coins), no one looking at the block chain can tell whether you signed it or one of the other outputs you choose to mix in with yours. With a mixing factor of 5 or 10 after several transactions there are millions of possible coins all mixed together. You get "anonymity" and mixing without having to use a third party mixer.”
(https://bitcointalk.org/index.php?topic=583449.msg6620433#msg6620433)
[smooth answering to “what are ring signatures” in layman terms]
-1170: "Someone (C++ skilled) did private optimized miner a few days ago, he got 74H/s for i5 haswell. He pointed that mining code was very un-optimized and he did essential improvements for yourself. So, high H/S is possible yet. Can the dev's core review code for that?"
(https://bitcointalk.org/index.php?topic=583449.msg6623136#msg6623136)
[forums are talking about an individual or group of individuals with optimized miners - may 9th 2014]
-1230: "Good progress on the pool reported by NOMP dev zone117x. Stay tuned, everyone.
And remember to email your favorite exchanges about adding MRO."
(https://bitcointalk.org/index.php?topic=583449.msg6640190#msg6640190)
-1258: "This is actually as confusing to us as you. At one point, thankful_for_today said he was okay with name change: https://bitcointalk.org/index.php?topic=563821.msg6368600#msg6368600
Then he disappeared for more than a week after the merge mining vote failed.”
(https://bitcointalk.org/index.php?topic=583449.msg6645981#msg6645981)
[eizh on the TFT-issue]
-1358: “Jadehorse: registered on 2014-03-06 and two pages of one line posts:
https://bitcointalk.org/index.php?action=profile;u=263597
https://bitcointalk.org/index.php?action=profile;u=263597;sa=showPosts
Trustnobody: registered on 2014-03-06 and two pages of one line posts:
https://bitcointalk.org/index.php?action=profile;u=264292
https://bitcointalk.org/index.php?action=profile;u=264292;sa=showPosts
You guys should really just stop trying. It is quite transparent what you are doing. Or if you want to do it, do it somewhere else. Everyone else: ignore them please."
(https://bitcointalk.org/index.php?topic=583449.msg6666844#msg6666844)
[FUD campaign still ongoing, smooth battles it]
-1387: "The world’s first exchange for Monero just opened! cryptonote.exchange.to"
(https://bitcointalk.org/index.php?topic=583449.msg6675902#msg6675902)
[David Latapie announces an important milestone: exchanger is here]
-1467: "image"
(https://bitcointalk.org/index.php?topic=583449.msg6686125#msg6686125)
[it is weird, but tft appears again, apparently as if he were in a parallel reality]
-1495: “http://monero.cc/blog/monero-price-0-002-passed/”
(https://bitcointalk.org/index.php?topic=583449.msg6691706#msg6691706)
[“trading” milestone reached: monero surpassed for first time 0.002 btc price]
-1513: "There is one and only one coin, formerly called Bitmonero, now called Monero. There was a community vote in favor (despite likely ballot stuffing against). All of the major stakeholders at the time agreed with the rename, including TFT.
The code base is still called bitmonero. There is no reason to rename it, though we certainly could have if we really wanted to.
TFT said he he is sentimental about the Bitmonero name, which I can understand, so I don't think there is any malice or harm in him continuing to use it. He just posted the nice hash rate chart on here using the old name. Obviously he understands that they are one and the same coin."
(https://bitcointalk.org/index.php?topic=583449.msg6693615#msg6693615)
[Smooth clears up again the relation with TFT and BMR. Every time he appears it seems to generate confusion on newbies]
-1543: "Pool software is in testing now. You can follow the progress on the pool bounty thread (see original post on this thread for link)."
(https://bitcointalk.org/index.php?topic=583449.msg6698097#msg6698097)
-1545: "[on the tail emission debate] I've been trying to raise awareness of this issue. The typical response seems to be, "when Bitcoin addresses the problem, so will we." To me this means it will never be addressed. The obvious solution is to perpetually increase the money supply, always rewarding miners with new coins.
Tacotime mentioned a hard fork proposal to never let the block reward drop below 1 coin:
Code: if (blockReward < 1){ blockReward = 1; }
I assume this is merely delaying the problem, however. I proposed a fixed annual debasement (say 2%) with a tx fee cap of like 0.001% of the current block reward (or whatever sounds reasonable). That way we still get the spam protection without worrying about fee escalation down the road."
(https://bitcointalk.org/index.php?topic=583449.msg6698879#msg6698879)
[Johnny Mnemonic wants to debate tail emission. Debate is moved to the “Monero Economy” thread]
-1603: “My GOD,the wallet is very very wierd and too complicated to operate, Why dont release a wallet-qt as Bitcoin?”
(https://bitcointalk.org/index.php?topic=583449.msg6707857#msg6707857)
[Newbies have hard times with monero]
-1605: "because this coin is not a bitcoin clone and so there isnt a wallet-qt to just copy and release. There is a bounty for a GUI wallet and there is already an experimental windows wallet..."
(https://bitcointalk.org/index.php?topic=583449.msg6708250#msg6708250)
-1611: "I like this about Monero, but it seems it was written by cryptographers, not programmers. The damned thing doesn't even compile on Arch, and there are several bugs, like command history not working on Linux. The crypto ideas are top-notch, but the implementation is not."
(https://bitcointalk.org/index.php?topic=583449.msg6709002#msg6709002)
[Wolf0, a miner developer, little by little joining the community]
-1888: "http://198.199.79.100 (aka moneropool.org) successfully submitted a block. Miners will be paid for their work once payments start working.
P.S. This is actually our second block today. The first was orphaned. :/"
(https://bitcointalk.org/index.php?topic=583449.msg6753836#msg6753836)
[May 16th: first pool block]
-1927: "Botnets aren't problem now. The main problem is a private hi-performance miner"
(https://bitcointalk.org/index.php?topic=583449.msg6759622#msg6759622)
-1927: "Evidence?"
(https://bitcointalk.org/index.php?topic=583449.msg6759661#msg6759661)
[smooth about the private optimized miner]
-1937: “[reference needed: smooth battling the weak evidence of optimized miner] Yes, I remember that. Some person on the Internet saying that some other unnamed person said he did something hardly constitutes evidence.
I'm not even doubting that optimized asm code could make a big difference. Just not sure how to know whether this is real or not. Rumors and FUD are rampant, so it is just hard to tell."
(https://bitcointalk.org/index.php?topic=583449.msg6760040#msg6760040)
[smooth does not take the "proof" seriously]
-1949: "image
One i5 and One e5 connected to local pool:
image"
(https://bitcointalk.org/index.php?topic=583449.msg6760624#msg6760624)
[proof of optimized miner]
-1953: "lazybear are you interested in a bounty to release the source code (maybe cleaned up a bit?) your optimized miner? If not, I'll probably play around with the code myself tomorrow and see if I can come up with something, or maybe Noodle Doodle will take an interest."
(https://bitcointalk.org/index.php?topic=583449.msg6760699#msg6760699)
[smooth tries to bring lazybear and his optimized miner on board]
-1957: "smooth, NoodleDoodle just said on IRC his latest optimizations are 4x faster on Windows. Untested on Linux so far but he'll push the source to the git repo soon. We'll be at 1 million network hashrate pretty soon."
(https://bitcointalk.org/index.php?topic=583449.msg6760814#msg6760814)
[eizh makes publics NoodleDoodle also has more miner optimizations ready]
-1985: “Someone (not me) created a Monero block explorer and announced it yesterday in a separate thread:
https://bitcointalk.org/index.php?topic=611561.0”
(https://bitcointalk.org/index.php?topic=583449.msg6766206#msg6766206)
[May 16th, 2014: a functional block explorer]
-2018: “Noodle is doing some final tests on Windows and will begin testing on Linux. He expects hashrate should increase across all architectures. I can confirm a 5x increase on an i7 quad-core + Windows 7 64-bit.
Please be patient. These are actual changes to the program, not just a switch that gets flicked on. It needs testing.”
(https://bitcointalk.org/index.php?topic=583449.msg6770093#msg6770093)
[eizh has more info on last miner optimization]
-2023: “Monero marketcap is around $300,000 as of now”
(https://bitcointalk.org/index.php?topic=583449.msg6770365#msg6770365)
-2059: I was skeptical of this conspiracy theory at first but after thinking about the numbers and looking back at the code again, I'm starting to believe it.
These are not deep optimizations, just cleaning up the code to work as intended.
At 100 H/s, with 500k iterations, 70 cycles per L3 memory access, we're now at 3.5 GHz which is reasonably close. So the algorithm is finally memory-bound, as it was originally intended to be. But as delivered by the bytecode developers not even close.
I know this is going to sound like tooting our own horn but this is another example of the kind of dirty tricks you can expect from the 80% premine crowd and the good work being done in the name of the community by the Monero developers.
Assuming they had the reasonable, and not deoptimized, implementation of the algorithm as designed all along (which is likely), the alleged "two year history" of bytecoin was mined on 4-8 PCs. It's really one of the shadiest and sleaziest premines scams yet, though this shouldn't be surprising because in every type of scam, the scams always get sneakier and more deceptive over time (the simple ones no longer work)."
(https://bitcointalk.org/index.php?topic=583449.msg6773168#msg6773168)
[smooth blowing the lid: if miner was so de-optimized, then BCN adoption was even lower than initially thought]
-2123: (https://bitcointalk.org/index.php?topic=583449.msg6781481#msg6781481)
[fluffypony first public post in Monero threads]
-2131: "moneropool.org is up to 2KHs, (average of 26Hs per user). But that's still only 0.3% of the reported network rate of 575Khs.
So either a large botnet is mining, or someone's sitting quietly on a much more efficient miner and raking in MRO."
(https://bitcointalk.org/index.php?topic=583449.msg6782192#msg6782192)
[with pools users start to notice that “avg” users account for a very small % of the network hashrate, either botnets or a super-optimized miner is mining monero]
-2137: “I figure its either:
(https://bitcointalk.org/index.php?topic=583449.msg6782852#msg6782852)
-2192: “New source (0.8.8.1) is up with optimizations in the hashing. Hashrate should go up ~4x or so, but may have CPU architecture dependence. Windows binaries are up as well for both 64-bit and 32-bit."
(https://bitcointalk.org/index.php?topic=583449.msg6788812#msg6788812)
[eizh makes official announce of last miner optimization, it is may 17th]
-2219: (https://bitcointalk.org/index.php?topic=583449.msg6792038#msg6792038)
[wolf0 is part of the monero community for a while, discussing several topics as botnet mining and miner optimizations. Now spots security flaws in the just launched pools]
-2301: "5x optimized miner released, network hashrate decreases by 10% Make your own conclusions. :|"
(https://bitcointalk.org/index.php?topic=583449.msg6806946#msg6806946)
-2323: "Monero is on Poloniex https://poloniex.com/exchange/btc_mro"
(https://bitcointalk.org/index.php?topic=583449.msg6808548#msg6808548)
-2747: "Monero is holding a $500 logo contest on 99designs.com now: https://99designs.com/logo-design/contests/monero-mro-cryptocurrency-logo-design-contest-382486"
(https://bitcointalk.org/index.php?topic=583449.msg6829109#msg6829109)
-2756: “So... ALL Pools have 50KH/s COMBINED.
Yet, network hash is 20x more. Am i the only one who thinks that some people are insta mining with prepared faster miners?”
(https://bitcointalk.org/index.php?topic=583449.msg6829977#msg6829977)
-2757: “Pools aren't stable yet. They are more inefficient than solo mining at the moment. They were just released. 10x optimizations have already been released since launch, I doubt there is much more optimization left.”
(https://bitcointalk.org/index.php?topic=583449.msg6830012#msg6830012)
-2765: “Penalty for too large block size is disastrous in the long run.
Once MRO value increases a lot, block penalties will become more critical of an issue. Pools will fix this issue by placing a limit on number and size of transactions. Transaction fees will go up, because the pools will naturally accept the most profitable transactions. It will become very expensive to send with more than 0 mixin. Anonymity benefits of ring signatures are lost, and the currency becomes unusable for normal transactions.”
(https://bitcointalk.org/index.php?topic=583449.msg6830475#msg6830475)
-2773: "The CryptoNote developers didn't want blocks getting very large without genuine need for it because it permits a malicious attack. So miners out of self-interest would deliberately restrict the size, forcing the network to operate at the edge of the penalty-free size limit but not exceed it. The maximum block size is a moving average so over time it would grow to accommodate organic volume increase and the issue goes away. This system is most broken when volume suddenly spikes."
(https://bitcointalk.org/index.php?topic=583449.msg6830710#msg6830710)
-3035: "We've contributed a massive amount to the infrastructure of the coin so far, enough to get recognition from cryptonote, including optimizing their hashing algorithm by an order of magnitude, creating open source pool software, and pushing several commits correcting issues with the coin that eventually were merged into the ByteCoin master. We also assisted some exchange operators in helping to support the coin.
To say that has no value is a bit silly... We've been working alongside the ByteCoin devs to improve both coins substantially."
(https://bitcointalk.org/index.php?topic=583449.msg6845545#msg6845545)
[tacotime defends the Monero team and community of accusations of just “ripping-off” others hard-work and “steal” their project]
-3044: "image"
(https://bitcointalk.org/index.php?topic=583449.msg6845986#msg6845986)
[Monero added to coinmarketcap may 21st 2014]
-3059: "You have no idea how influential you have been to the success of this coin. You are a great ambassador for MRO and one of the reasons why I chose to mine MRO during the early days (and I still do, but alas no soup for about 5 days now)."
(https://bitcointalk.org/index.php?topic=583449.msg6846509#msg6846509)
[random user thanks smooth CONSTANT presence, and collaboration. It is not all FUD ;)]
-3068: "You are a little too caught up in the mindset of altcoin marketing wars about "unique features" and "the team" behind the latest pump and dump scam.
In fact this coin is really little more than BCN without the premine. "The team" is anyone who contributes code, which includes anyone contributing code to the BCN repository, because that will get merged as well (and vice-versa).
Focus on the technology (by all accounts amazing) and the fact that it was launched in a clean way without 80% of the total world supply of the coin getting hidden away "somewhere." That is the unique proposition here. There also happens to be a very good team behind the coin, but anyone trying too hard to market on the basis of some "special" features, team, or developer is selling you something. Hold on to your wallet."
(https://bitcointalk.org/index.php?topic=583449.msg6846638#msg6846638)
[An answer to those trolls saying Monero has no innovation/unique feature]
-3070: "Personally I found it refreshing that Monero took off WITHOUT a logo or a gui wallet, it means the team wasn't hyping a slick marketing package and is concentrating on the coin/note itself."
(https://bitcointalk.org/index.php?topic=583449.msg6846676#msg6846676)
-3119: “image
[included for the lulz]
-3101: "[…]The main developers are tacotime, smooth, NoodleDoodle. Some needs are being contracted out, including zone117x, LucasJones, and archit for the pool, another person for a Qt GUI, and another person independently looking at the code for bugs."
(https://bitcointalk.org/index.php?topic=583449.msg6848006#msg6848006)
[the initial "core team" so far, eizh post]
-3123: (https://bitcointalk.org/index.php?topic=583449.msg6850085#msg6850085)
[fluffy steps-in with an interesting dense post. Don’t dare to skip it, worthwhile reading]
-3127: (https://bitcointalk.org/index.php?topic=583449.msg6850526#msg6850526)
[fluffy again, worth to read it too, so follow link, don’t be lazy]
-3194: "Hi guys - thanks to lots of hard work we have added AES-NI support to the slow_hash function. If you're using an AES-NI processor you should see a speed-up of about 30%.”
(https://bitcointalk.org/index.php?topic=583449.msg6857197#msg6857197)
[flufflypony is now pretty active in the xmr topic and announces a new optimization to the crippled miner]
-3202: "Whether using pools or not, this coin has a lot of orphaned blocks. When the original fork was done, several of us advised against 60 second blocks, but the warnings were not heeded.
I'm hopeful we can eventually make a change to more sane 2- or 2.5-minute blocks which should drastically reduce orphans, but that will require a hard fork, so not that easy."
(https://bitcointalk.org/index.php?topic=583449.msg6857796#msg6857796)
[smooth takes the opportunity to remember the need of bigger target block]
-3227: “Okay, optimized miner seems to be working: https://bitcointalk.org/index.php?topic=619373”
[wolf0 makes public his open source optimized miner]
-3235: "Smooth, I agree block time needs to go back to 2 minutes or higher. I think this and other changes discussed (https://bitcointalk.org/index.php?topic=597878.msg6701490#msg6701490) should be rolled into a single hard fork and bundled with a beautiful GUI wallet and mining tools."
(https://bitcointalk.org/index.php?topic=583449.msg6861193#msg6861193)
[tail emission, block target and block size are discussed in the next few messages among smooth, johnny and others. If you want to know further about their opinions/reasonings go and read it]
-3268: (https://bitcointalk.org/index.php?topic=583449.msg6862693#msg6862693)
[fluffy dares another user to bet 5 btc that in one year monero will be over dash in market cap. A bet that he would have lost as you can see here https://coinmarketcap.com/historical/20150524/ even excluding the 2M “instamined” coins]
-3283: "Most of the previous "CPU only" coins are really scams and the developers already have GPU miner or know how to write one. There are a very few exceptions, almost certainly including this one.
I don't expect a really dominant GPU miner any time soon, maybe ever. GPUs are just computers though, so it is certainly possible to mine this on a GPU, and there probably will be a some GPU miner, but won't be so much faster as to put small scale CPU miners out of business (probably -- absent some unknown algorithmic flaw).
Everyone focuses on botnets because it has been so long since regular users were able to effectively mine a coin (due to every coin rapidly going high end GPU and ASIC) that the idea that "users" could vastly outnumber "miners" (botnet or otherwise) isn't even on the radar.
The vision here is a wallet that asks you when you want to install: "Do you want to devote some of you CPU power to help secure the network. You will be eligible to receive free coins as a reward (recommended) [check box]." Get millions of users doing that and it will drive down the value of mining to where neither botnets nor professional/industrial miners will bother, and Satoshi's original vision of a true p2p currency will be realized.
That's what cryptonote wants to accomplish with this whole "egalitarian mining" concept. Whether it succeeds I don't know but we should give it a chance. Those cryptonote guys seem pretty smart. They've probably thought this through better than any of us have."
(https://bitcointalk.org/index.php?topic=583449.msg6863720#msg6863720)
[smooth vision of a true p2p currency]
-3318: "I have a screen shot that was PMed to me by someone who paid a lot of money for a lot of servers to mine this coin. He won't be outed by me ever but he does in fact exist. Truth."
(https://bitcointalk.org/index.php?topic=583449.msg6865061#msg6865061)
[smooth somehow implies it is not botnets but an individual or a group of them renting huge cloud instances]
-3442: "I'm happy to report we've successfully cracked Darkcoin's network with our new quantum computers that just arrived from BFL, a mere two weeks after we ordered them."
[fluffy-troll]
-3481: “Their slogan is, "Orphaned Blocks, Bloated Blockchain, that's how we do""
(https://bitcointalk.org/index.php?topic=583449.msg6878244#msg6878244)
[Major FUD troll in the topic. One of the hardest I’ve ever seen]
-3571: "Tacotime wanted the thread name and OP to use the word privacy instead of anonymity, but I made the change for marketing reasons. Other coins do use the word anonymous improperly, so we too have to play the marketing game. Most users will not bother looking at details to see which actually has more privacy; they'll assume anonymity > privacy. In a world with finite population, there's no such thing as anonymity. You're always "1 of N" possible participants.
Zero knowledge gives N -> everyone using the currency, ring signatures give N -> your choice, and CoinJoin gives N -> people who happen to be spending around the same amount of money as you at around the same time. This is actually the critical weakness of CoinJoin: the anonymity set is small and it's fairly susceptible to blockchain analysis. Its main advantage is that you can stick to Bitcoin without hard forking.
Another calculated marketing decision: I made most of the OP about ring signatures. In reality, stealth addressing (i.e. one-time public keys) already provides you with 90% of the privacy you need. Ring signatures are more of a trump card that cannot be broken. But Bitcoin already has manual stealth addressing so the distinguishing technological factor in CryptoNote is the use of ring signatures.
This is why I think having a coin based on CoinJoin is silly: Bitcoin already has some privacy if you care enough. A separate currency needs to go way beyond mediocre privacy improvements and provide true indistinguishably. This is true thanks to ring signatures: you can never break the 1/N probability of guessing correctly. There's no additional circumstantial evidence like with CoinJoin (save for IP addresses, but that's a problem independent of cryptocurrencies)."
(https://bitcointalk.org/index.php?topic=583449.msg6883525#msg6883525)
[Anonymity discussions, specially comparing Monero with Darkcoin and its coinjoin-based solution, keep going on]
-3593: "Transaction fees should be a fixed percentage of the block reward, or at the very least not be controllable by the payer. If payers can optionally pay more then it opens the door for miner discrimination and tx fee bidding wars."
(https://bitcointalk.org/index.php?topic=583449.msg6886770#msg6886770)
[Johnny Mnemonic is a firm defender of fixed fees and tail emission: he see the “fee market” as big danger to the usability of cryptocurrencies]
-3986: (https://bitcointalk.org/index.php?topic=583449.msg6930412#msg6930412)
[partnership with i2p]
-4373: “Way, way faster version of cpuminer: https://bitcointalk.org/index.php?topic=619373”
(https://bitcointalk.org/index.php?topic=583449.msg6993812#msg6993812)
[super-optimized miner is finally leaked to the public. Now the hashrate is 100 times bigger than originally with crippled miner. The next hedge for "cloud farmers" is GPU mining]
-4877: “1. We have a logo! If you use Monero in any of your projects, you can grab a branding pack here. You can also see it in all its glory right here:
logo […] 4. In order to maintain ISO 4217 compliance, we are changing our ticker symbol from MRO to XMR effective immediately."
(https://bitcointalk.org/index.php?topic=583449.msg7098497#msg7098497)
[Jun 2nd 2014]
-5079: “First GPU miner: https://bitcointalk.org/index.php?topic=638915.0”
(https://bitcointalk.org/index.php?topic=583449.msg7130160#msg7130160)
[4th June: Claymore has developed the first CryptoNight open source and publicly available GPU miner]
-5454: "New update to my miner - up to 25% hash increase. Comment and tell me how much of an increase you got from it: https://bitcointalk.org/index.php?topic=632724"
(https://bitcointalk.org/index.php?topic=583449.msg7198061#msg7198061)
[miner optimization is an endless task]
-5464: "I have posted a proposal for fixed subsidy:
https://bitcointalk.org/index.php?topic=597878.msg7202538#msg7202538"
(https://bitcointalk.org/index.php?topic=583449.msg7202776#msg7202776)
[Nice charts and discussion proposed by tacotime, worth reading it]
-5658: "- New seed nodes added. - Electrum-style deterministic wallets have been added to help in the recovery of your wallet should you ever need to. It is enabled by default."
(https://bitcointalk.org/index.php?topic=583449.msg7234475#msg7234475)
[Now you can recover your wallet with a 24 word seed]
-5726: (https://bitcointalk.org/index.php?topic=583449.msg7240623#msg7240623)
[Bitcoin Pizza in monero version: a 2500 XMR picture sale (today worth ~$20k)]
-6905: (https://bitcointalk.org/index.php?topic=583449.msg7386715#msg7386715)
[Monero missives: CryptoNote peer review starts whitepaper reviewed)]
-7328: (https://bitcointalk.org/index.php?topic=583449.msg7438333#msg7438333)
[android monero widget built]
This is a dense digest of the first several thousand messages on the definitive Monero thread.
A lot of things happened in this stressful days and most are recorded here. It can be summarized in this:
  • 28th April: Othe and zone117x assume the GUI wallet and CN pools tasks.
  • 30th April: First NoodleDoodle's miner optimization.
  • 11th May: First Monero exchanger
  • 13th May: Open source pool code is ready.
  • 16th May: First pool mined block.
  • 19th May: Monero in poloniex
  • 20th May: Monero +1100 bitcoin 24h trading volume in Poloniex.
  • 21st May: New official miner optimization x4 speed (accumulated optimization x12-x16). Open source wolf0's CPU miner released.
  • 25th May: partnership with i2p
  • 28th May: The legendary super-optimized miner is leaked. Currently running x90 original speed. Hedge of the "cloud farmers" is over in the cpu mining.
  • 2nd June: Monero at last has a logo. Ticker symbol changes to the definitive XMR (former MRO)
  • 4th June: Claymore's open source GPU miner.
  • 10th June: Monero's "10,000 bitcoin pizza" (2500 XMR paintig). Deterministic seed-based wallets (recover wallet with a 24 word seed)
  • March 2015 – tail emission added to code
  • March 2016 – monero hard forks to 2 min block and doubles block reward
There basically two things in here that can be used to attack Monero:
  • Crippled miner Gave unfair advantage to those brave enough to risk money and time to optimize and mine Monero.
  • Fast curve emission non-bitcoin-like curve as initially advertised and as it was widely accepted as suitable
Though we have to say two things to support current Monero community and devs:
  • The crippled miner was coded either by Bytecoin or CryptoNote, and 100% solved within a month by Monero community
  • The fast curve emission was a TFT miscalculation. He forgot to consider that as he was halving the block target he was unintentionally doubling the emission rate.
submitted by el_hispano to Monero [link] [comments]

Transcript from Ravencoin Open Developer Meeting - Nov. 16, 2018

Tron at 2:03 PM

Topics: Messaging (next phase) UI 2.2 - Build from develop - still working out a few kinks Mobile - Send/Rcv/View Assets - In progress Raven Dev Kit -Status

RavencoinDev at 2:04 PM

Hey Everybody! Let's get started!Thanks Tron for posting the topics.Tron is going talk about Messaging Plans.Let's start there.

Chatturga at 2:06 PM

It looks like this channel is not connected to the IRC. One moment

RavencoinDev at 2:07 PM

Well, we going to move forward as the tech guys fix the IRC connections.

Tron at 2:07 PM

I wanted to have a doc describing the messaging, but it isn't quite ready.I understand this isn't going to IRC yet, but I'm starting anyway.

RavencoinDev at 2:08 PM

Look for it soon on a Medium near you.

Tron at 2:08 PM

Summary version: Every transaction can have an IPFS hash attached.

Vincent at 2:09 PM

any plans for a 'create IPFS' button?

RavencoinDev at 2:09 PM

Yes

Vincent at 2:09 PM

on asset creatin window also?

RavencoinDev at 2:09 PM

Yes

Vincent at 2:09 PM

sweet

Tron at 2:09 PM

IPFS attachments for transactions that send ownership token or channel token back to the same address will be considered broadcast messages for that token.The client will show the message.Some anti-spam measures will be introduced.If a token is in a new address, then messages will be on by default.The second token in an address, the channel will be available, but muted by default.

RavencoinDev at 2:11 PM

That way I can't spam out 21b tokens and then start sending messages to everybody.

Tron at 2:11 PM

We'd like to have messaging in a reference client on all six platforms.

corby at 2:11 PM

Hi!

Tron at 2:11 PM

Photos will not be shown. Messages will be "linkified"

RavencoinDev at 2:12 PM

and plain text.We'll start with the QT wallet support

Tron at 2:12 PM

Any other client is free to show any IPFS message they choose.The messaging is fully transparent.

Rikki RATTOE at 2:13 PM

ok, so messaging isn't private

Tron at 2:13 PM

Anyone could read the chain and see the messages.

RavencoinDev at 2:13 PM

No, never was planned to be private

MSFTserver-mine more @ MinerMore at 2:13 PM

irc link should be fixed

Tron at 2:13 PM

It is possible to put encrypted content in the IPFS, but then you'd have to distribute the key somehow.

RavencoinDev at 2:13 PM

Thanks MSFT!

Chatturga at 2:13 PM

Negative

Tron at 2:14 PM

Core protocol changes Extend the OP_RVN_ASSET to include for any transfer: RVNT <0xHH><0x12><0x20><32 bytes encoding 256 bit IPFS hash> 0xHH - File type 0x00 - NO data, 0x01 - IPFS hash, 0x02 through 0xFF RESERVED 0x12 - IPFS Spec - Using SHA256 hash 0x20 - IPFS Spec - 0x20 in hex specifying a 32 byte hash. …. (32 byte hash in binary)

corby at 2:14 PM

By it's nature nothing on chain is private per se. Just like with wallets you'd need to use crypto to secure messaging between parties.

Tron at 2:14 PM

Advantages: This messaging protocol has the advantage of not filling up the blockchain. The message information is public so IPFS works as a great distributed store. If the messages are important enough, then the message sender can run nodes that "PIN" the message to keep a more durable version. The message system cannot be spoofed because any change in the message will result in a different hash, and therefore the message location will be different. Only the unique token holder can sign the transaction that adds the message. This prevents spam. Message clients (wallets), can opt-in or opt-out of messages by channel. Meta-message websites can allow viewing of all messages, or all messages for a token. A simple single channel system is supported by the protocol, but a channel could be sub-divided by a client to have as many sub-channels as desired. There are no limits on the number of channels per token, but each channel requires the 5 RVN fee to create the channel.

RavencoinDev at 2:14 PM

So, somebody could create their own client and encrypt the data on the blockchain if they wished.

corby at 2:15 PM

Wow Tron types fast

Rikki RATTOE at 2:15 PM

yeah there was some confusion in the community whether messaging would be private and off chain

Tron at 2:15 PM

Anti-Spam Strategy One difficulty we have is that tokens can be sent to any Ravencoin asset holder unsolicited. This happens on other asset platforms like Counterparty. In many cases, this is good, and is a way for asset issuers to get their token known. It is essentially an airdrop. However, combined with the messaging capabilities of Ravencoin, this can, and likely will become a spam strategy. Someone who wants to send messages (probably scams) to Ravencoin asset holders, which they know are crypto-savvy people, will create a token with billions of units, send it to every address, and then message with the talking stick for that token. Unless we preemptively address this problem, Ravencoin messaging will become a useless spam channel. Anyone can stop the messages for an asset by burning the asset, or by turning off the channel. A simple solution is to automatically mute the channel (by default) for the 2nd asset sent to an address. The reason this works is because the assets that you acquire through your actions will be to a newly generated address. The normal workflow would be to purchase an asset on an exchange, or through a ICO/STO sale. For an exchange, you'll provide a withdrawal address, and best practice says you request a new address from the client with File->'Receiving addresses…'->New. To provide an address to the ICO/STO issuer, you would do the same. It is only the case where someone is sending assets unsolicited to you where an address would be re-used for asset tokens. This is not 100% the case, and there may be rare edge-cases, but would allow us to set the channels to listen or silent by default. Assets sent to addresses that were already 'on-chain' can be quarantined. The user can burn them or take them out of quarantine.

RavencoinDev at 2:18 PM

Okay, let me know when/if you guys read through all that. 📷📷2

corby at 2:18 PM

To be clear this is a client-side issue -- anyone will be able to send anything (including messages) to any address on chain..

RavencoinDev at 2:18 PM

It'll be in the Medium post later.

Tron at 2:19 PM

@corby The reference client will only show messages signed by the issuer or designated channels.Who is ready for another wall of text? 📷

corby at 2:19 PM

I hear that's the plan 📷 just pointing out that it is on the client in these cases..

Tron at 2:20 PM

Yes, any client can show anything gleaned from the chain.Goal: A simple message format without photos. URL links are allowed and most clients will automatically "linkify" the message for valid URLs. For display, message file must be a valid json file. { "subject":"This is the optional subject", "message": "This is required.", "expires": 1578034800 } Only "message" is required {"message":"Hello world"}

bhorn at 2:21 PM

expires?

Vincent at 2:21 PM

discount coupon?

Tron at 2:21 PM

If you have a message that worthless (say after a vote), just don't show the message.

bhorn at 2:21 PM

i see - more client side operation

corby at 2:21 PM

/expires

Tron at 2:22 PM

Yep. And the expiration could be used by IPFS pinners to stop worrying about the message. Optional

RavencoinDev at 2:22 PM

If the client sees a message that is expired it just won't display it.

Vincent at 2:23 PM

will that me messaged otherwise may cause confusion?"expired'

RavencoinDev at 2:23 PM

YesWe'll do our best to make it intuitive.

Tron at 2:24 PM

Client handling of messages Pop-up messages or notifications when running live. Show messages for any assets sent to a new address - by default Mute messages for assets sent to an address that was already on-network. Have a setting to not show messages older than X IPFSHash (or 8 bytes of it) =

Rikki RATTOE at 2:25 PM

will there be a file size limit for IPFS creation in the wallet?

RavencoinDev at 2:25 PM

We'll also provide updated documentation.

Tron at 2:26 PM

Excellent question Rikki. Here are some guidelinesGuidelines: Clients are free to show or not show poorly formed messages. Reference clients will limit message display to properly formed messages. If subject is missing, the first line of the message will be used (up to 80 chars). Standard JSON encoding for newlines, tabs, etc. https://www.freeformatter.com/json-escape.html Expiration is optional, but desired. Will stop showing the message after X date, where X is specified as Unix Epoch. Good for invites, voting requests, and other time sensitive messages that have no value after a specific date. By default clients will not show a message after X blocks (default 1 year) Amount of subject shown will be client dependent - Reference client may cut off at 80 chars. Messages longer than 15,000 (about 8 pages) will not be pinned to IPFS by some scanners. Messages longer than 15,000 characters may be rejected altogether by the client. Images will not be shown in reference clients. Other clients may show any IPFS content at their discretion. IPFSHash is only a "published" message if the Admin/Owner or Channel token is sent from/to the same address. This allows for standard transfers with metadata that don't "publish".Free Online JSON Escape / Unescape Tool - FreeFormatter.comA free online tool to escape or unescape JSON strings

RavencoinDev at 2:26 PM

We're hoping to add preferences that will allow the user to customize their messaging experience.

Tron at 2:27 PM

Also, happy to receive feedback from everyone.

corby at 2:27 PM

In theory though if you maintain your own IPFS nodes you should be able to reference files of whatever size right?

Steelers at 2:27 PM

How about a simple Stop light approach - Green (ball) New Message, Yellow (Ball) Expiring Messages, Red (Ball) Expired Messages

RavencoinDev at 2:27 PM

Yes please! That's the point of sharing it here

Chatturga at 2:27 PM

Fixt

push | ravenland.org at 2:28 PM

Thanks @Tron can you provide any details of the coming 'tooling' at the end of november, and what that might enable (apologies as I am a bit late to meeting if this has been asked already)

VeronicaBOT at 2:28 PM

sup guys

Tron at 2:28 PM

Sure, that's coming.

RavencoinDev at 2:28 PM

That's the Raven WebDev Kit topic coming up in a few mins.

push | ravenland.org at 2:29 PM

oki 📷 cheers

RavencoinDev at 2:29 PM

Questions on messaging?

Jeroz at 2:30 PM

Not sure if I missed it, but how fast could you send multiple messages in succession?

BruceFenton at 2:30 PM

Some kind of sweep feature or block feature for both tokens and messages could be useful Certain messages will be illegal to possess in certain jurisdictions If someone sends a picture of Tiennneman tank man in China or a message calling for the overthrow of a ruler it could be illegal for someone to have There’s no way for that jurisdiction to censor the chain So some users might want the option to purge messages or not receive them client side / on the wallet

Tron at 2:30 PM

Messages are a transaction.

RavencoinDev at 2:30 PM

So it'll cost you to spam messages.They can only send a hash to that picture and the client won't display anything not JSON

corby at 2:31 PM

purge/block is the age old email spam

Tron at 2:31 PM

The Reference client - other clients / web sites, etc can show anything they wish.

RavencoinDev at 2:31 PM

You can also burn a token if you never want to receive messages from that token owner.

UserJonPizza|MinePool.com|Mom at 2:32 PM

Can't they just resend the token?

Tron at 2:33 PM

Yes, but it would default to mute.📷2

RavencoinDev at 2:33 PM

meaning it would show up in a spam foldetab

bhorn at 2:33 PM

is muting available for the initial asset as well?

RavencoinDev at 2:33 PM

Something easy to ignore if muted.

Tron at 2:33 PM

@bhorn Yes

BruceFenton at 2:33 PM

Can users nite some assets and not others?

Tron at 2:33 PM

@bhorn It just isn't the default.

BruceFenton at 2:33 PM

Mute

RavencoinDev at 2:33 PM

YesYou can mute per token.

BruceFenton at 2:34 PM

Great

Tron at 2:34 PM

And per token per channel.

Jeroz at 2:34 PM

channels are the subtokens?

BruceFenton at 2:34 PM

What’s per token per channel mean ?

Tron at 2:34 PM

The issuer sends to the "Primary" channel.Token owner can create channels like "Alert", "Emergency", etc.These "talking sticks" are similar to unique assets.📷1ASSET~Channel

RavencoinDev at 2:37 PM

Okay, we have a few more topics to cover today.Tron will post more details on Medium and we can continue discussions there.

Jeroz at 2:38 PM

Ah, I missed channel creation bit for each token with the 5 RVN / channel cost. It makes more sense to me now.

RavencoinDev at 2:38 PM

The developers are working towards posting a new version 2.2 that has the updated UI shown on twitter.

Vincent at 2:39 PM

twit link?

RavencoinDev at 2:39 PM

The consuming of large birds (not ravens) might slow the release a bit.So likely the week after Thanksgiving.

[Dev] Blondfrogs at 2:39 PM

The new UI will contain: - New menu layout - New icons - Dark mode - Added RVN colors

Dan1666 at 2:39 PM

+1 Dark mode

RavencoinDev at 2:39 PM

DARK MODE!

Dan1666 at 2:40 PM

so pleased about that

RavencoinDev at 2:40 PM

I can honestly say it'll be the nicest crypto wallet out there.

[Dev] Blondfrogs at 2:40 PM

A little sneak peak, but this is not the final project📷📷6📷3

!S1LVA | MINEPOOL at 2:40 PM

Outstanding

Dan1666 at 2:41 PM

reminds me of Sub7 ui for those that might remember

UserJonPizza|MinePool.com|Mom at 2:41 PM

Can we have an asset count at the top?

[Dev] Blondfrogs at 2:41 PM

Icons will be changing

Vincent at 2:41 PM

does the 'transfer assets' have a this for that component?

Tron at 2:41 PM

Build from develop to see the sneak preview in action.There may be small glitches depending on OS. These are being worked on.

Rikki RATTOE at 2:41 PM

No plans for the mobile wallet to show an IPFS image I'm assuming? Would be a nice feature if say a retail store could send a QR coupon code to their token holders and they could scan the coupon using their wallet in store

[Dev] Blondfrogs at 2:42 PM

@Vincent That will probably be a different section added later📷1

RavencoinDev at 2:42 PM

Yes, Rikki we do want to support messaging.Looking into how that would work with Apple and Google push.

push | ravenland.org at 2:42 PM

sub7📷1hahaoldschoolit so is similar aswell

[Master] Roshii at 2:43 PM

Messages are transactions no need for any push

Tron at 2:43 PM

@Rikki RATTOE There's a danger in showing graphics where anyone can post anything without accountability for their actions. A client that only shows tokens for a specific asset could do this📷1

RavencoinDev at 2:43 PM

True, unless you want to see the messages even if you haven't opened your wallet in a week.

Rikki RATTOE at 2:44 PM

the only thing I was thinking was if you simply linked the image, somebody could just copy the link and text it off to everyone and the coupon isn't all that exclusive

UserJonPizza|MinePool.com|Mom at 2:44 PM

Maybe a mobile link-up for a easy way to see messages by just importing pubkey(edited)

RavencoinDev at 2:45 PM

Speaking of mobileWe are also getting close to a release of mobile that includes the ability to show assets held, and transfer them.Roshii has been hard at work.📷6📷1

Vincent at 2:46 PM

can be hidden also?

RavencoinDev at 2:47 PM

We're still finalizing the UI design but that is on the list of todos📷1

Under at 2:47 PM

Could we do zerofee mempool messaging that basically gets destroyed after it expires out of the mempool for real-time stealth mode messaging

corby at 2:48 PM

That's interesting!

RavencoinDev at 2:49 PM

There are other solutions available for stealth messaging, that's not what the devs had intended to build. It does sound cool though @Under

Under at 2:50 PM

📷 we’ll keep up the good work. Looking forward to the db upgrades. Will test this weekend

RavencoinDev at 2:50 PM

Thanks!That leaves us with 10 minutes for the Dev Kit!Corby has been working on expanding some of the awesome work that @Under has been doing.

corby at 2:52 PM

Yes -- all of the -addressindex rpc calls are being updated to work with assets

RavencoinDev at 2:52 PM

Hopefully we'll be able to post the source soon once the initial use cases are all working.

corby at 2:52 PM

so assets are being tied into transaction history, utxos, etc

RavencoinDev at 2:52 PM

The devs want to provide a set of API's that make it easy for web developers to build solutions on top of Ravencoin.VinX is investigating the possibility of using Ravencoin to power their solution.

corby at 2:53 PM

will be exposed via insight-api which we've forked from @Under

[Master] Roshii at 2:53 PM

Something worth bringing up is that you will be able to get specific asset daba from full nodes with specific message protocols.

corby at 2:54 PM

also working on js lib for client side construction of asset transactions

Tron at 2:55 PM

Dev Kit will be an ongoing project so others can contribute and extend the APIs and capabilities of the 2nd layer.📷3📷3

RavencoinDev at 2:55 PM

Will be posted soon to the RavenProject GitHub.

corby at 2:55 PM

separate thing but yes Roshii that is worth mentioning -- network layer for getting asset data

RavencoinDev at 2:55 PM

Again want to give thanks to @Under for getting a great start on the project

push | ravenland.org at 2:56 PM

Yes looking forward to seeing more on the extensive api and capabilities, is there a wiki on this anywhere tron?(as to prevent other people replicating eachothers work?)

RavencoinDev at 2:56 PM

The wiki will be in the project on GitHub

push | ravenland.org at 2:56 PM

im guessing when the kit is released, something will appear, okok cool

RavencoinDevat 2:57 PM

Any questions about the Web DevKit?

push | ravenland.orgToday at 2:57 PM

well, what kind of support will it give us, that would be nice, is this written anywhereI'm still relatively new to blockchain<2 yearsso need some hand holding i suppose 📷

bhorn at 2:58 PM

right, what are initial use cases of the devkit?

push | ravenland.org at 2:58 PM

i mean im guessing metamask like capabilitysome kind of smart contract, some automation capabilitiesrpc scriptsstuff like thiseven if proof of concept or examplei guess im wondering if my hopes are realistic 📷

RavencoinDev at 2:59 PM

You can see the awesome work that @Under has already don that we are building on top of.

push | ravenland.org at 2:59 PM

yes @Under is truly a herooki, cool

RavencoinDev at 2:59 PM

https://ravencoin.network/Ravencoin Block ExplorerRavencoin Insight. View detailed information on all ravencoin transactions and blocks.

push | ravenland.org at 2:59 PM

ok, sweet, that is very encouragingthanks @Under for making that code public

corby at 3:00 PM

It will hopefully allow you to write all sorts of clients -- depending on complexity of use case you might just have js lib (wallet functions, ability to post txs to gateway) or a server side project (asset explorer or exchange)..(edited)

Tron at 3:00 PM

Yeah, thanks @Under .

RavencoinDev at 3:00 PM

What's your GitHub URL @Under ?

push | ravenland.org at 3:00 PM

https://github.com/underdarkskies/ i believeGitHub· GitHubunderdarkskies has 31 repositories available. Follow their code on GitHub.📷

RavencoinDev at 3:00 PM

Yup!

push | ravenland.org at 3:00 PM

he is truly a hero(edited)

RavencoinDev at 3:00 PM

LOL

push | ravenland.org at 3:00 PM

damn o'sgo missing everywhere

RavencoinDev at 3:01 PM

teh o's are hard... Just ask @Chatturga

push | ravenland.org at 3:01 PM

📷

Chatturga at 3:01 PM

O's arent the problem...

push | ravenland.org at 3:01 PM

📷📷

RavencoinDev at 3:02 PM

Alright we're at time and the devs are super busy. Thanks everybody for joining us.

push | ravenland.org at 3:02 PM

thanks guys

RavencoinDev at 3:02 PM

Thank you all for supporting the Raven community.📷6

corby at 3:02 PM

thanks all!

push | ravenland.org at 3:02 PM

keep up the awesome work, whilst bitcoin sv and bitcoin abc fight, another bitcoin fork raven, raven thru the night📷5

Vincent at 3:02 PM

piece!!

RavencoinDev at 3:03 PM

We're amazingly blessed to have you on this ride with us.📷5📷9📷5

Dan1666 at 3:03 PM

gg

BruceFenton at 3:03 PM

📷📷12📷4

UserJonPizza|MinePool.com|Mom at 3:55 PM

Good meeting! Excited for the new QT!!
submitted by Chatturga to u/Chatturga [link] [comments]

Bitcoin Core Wallet sync 100% result how to mine for bitcoin core How to install a Bitcoin Wallet How to run Bitcoin-qt as a server with a configuration file (3 of 6) How to Back Up Your Bitcoin Wallet

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[index] [40190] [24716] [51257] [33596] [45894] [37637] [21094] [10219] [26797] [16301]

Bitcoin Core Wallet sync 100% result

Episode 1 : Bitcoin Series In this video I teach you how to install a digital wallet to contain your Bitcoins. I also teach you how to utilize the Bitcoin Faucet to get your first free coin. Bitcoin-QT is a Bitcoin wallet and does some other functions. Running this software is the backbone to the entire Bitcoin system. You may need to open port 8333 in your firewall. For more info see How to be your own bank! Encrypt, Back up, & Restore Bitcoin (BTC) wallet! Run a Full Node! - Duration: 25:34. Coin Decrypt 177 views this video explain how you build the compile environment on windows to create altcoin ~ cryptocoin Windows QT `s Compile Depencies ~ complete deps folder included to download . Depencies : https ... This short tutorial explains what a Bitcoin wallet backup is and how to create it on 3 different wallets: Blockchain.info, Bitcoin-QT and MultiBit. For more information and tutorials about Bitocin ...

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