Review: Bitmain AntMiner S9 First 16nm ASIC to Market

"What happens if the powerful miners decide to increase the 21 million limit?"

This used to be a common question in the old days of bitcoin, when people who understood the dangers of centralized inflation tried to understand Bitcoin.
The answer was always: "well, the miners could do that but Bitcoin would lose all value to a competing currency which was not inflationary, since nobody wants inflation in their own wallet".
Regarding this horrendous idea of a centralized entity with no accountability pocketing 12% of the mining reward, I see lots of comments arguing it doesn't matter what we think, the miners have decided what is good for us. "It doesnt matter what you think, you are not a miner","Get hash power or stfu" etc.
This is so wrong.
It is us the users and the great community of BCH which give it value, not the miners. We have the ultimate power. And the great power of BCH community is the moral high ground based on freedom and the belief in a better world, free from centralized money creation fueling corruption and power abuse.
What's to stop this cartel from changing the 21M limit, the mining reward etc when they have grabbed enough power of the community? Sure, these might be trusted people now but what about in ten years when the 12% are worth the average of a average country BNP?
Power corrupts, absolute power corrupts absolutely.
No I am not a miner and will probably never be. But I can vote with my feet and sell my BCH. As a matter of fact, many other cryptos already has a much more transparent and decentralized way of funding development. Why should I go for a lousy version of Dash? What happened to those of you who always bash Dash, where are you now?
If developers need money, ask for donations. It works for Monero and it works here. You can develop BCH all the way to perfection but I won't care if it's on the road to becoming The Fed 2.0. Bitcoin must follow the Whitepaper or I'm out.
EDIT: I'm not opposed to the idea of using block reward to fund development. I just believe we have to be very careful as to the execution. It needs to be transparent and absolutely aligned with the incentives of decentralized peer to peer cash.
submitted by SwedishSalsa to btc [link] [comments]

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nonononoyesWTF nonoyes Nonprofit_Jobs nonsenselocker nonstopknight NoNut19 Nonviolence noobmaster69 NoobsOfTheAncient Noobtube nook nootropic_deals NootropicResearch NoPee noplastic nopuns norcal Nordichistorymemes NordicSkinCare NordicUnion NORDVEI NormalDayInSweden normanok NormanReedus normiememes NORML Norsemen NorskFotball NorthAmerican northampton NorthCarolina4Sanders northcounty northshore Northwestern NoRules norwayonreddit NorwegianForestCats Norwich NorwichCity Noses nosgoth nosIeep nosleep_irl nosleepfinder NosleepIndex NoSleepInterviews NoSleepReruns NoSleepSleuths NoSleepVideos nosleepworkshops nOSplatform nosql nostalgiacritic NostalgiaMusic NoStepOnSnek Not_Quite_Right NotableUpcomingEvents NotAboutYou notaglobe notalodeon notalwaysright NotaMethAddict notanimemaru NoTap notaperfectfit NotBirdsWithArms Notchcels notcirclejerk notcosplaygirls note8 Notflix notfunny NothingButThieves nothingnowhere NotHowDicksWork nothowgayswork nothowphoneswork notificationgore NoTillGrowery NotionSo notkayfabenews notmeirl notopbutok notpopping notredamefootball notsafeforweiss NotSteveIrwin notthebabylonbee notthebeaverton notthethickofit NotTrending notwholesomeanymore NoU novajobs novalaunchersetups novarent novationcircuit NoveltyAccounts Nowhere_eternity nowhisper nowiknow nowontennis noxappplayer NPB NPC NPCMemes NPCtavern NPD NPERproject npm nprplanetmoney NPSL nqmod Nr2003 nra nsa NSCollectors nsfNSFW NSFW911 nsfw_brat NSFW_SplitDepthGIFS nsfwbabesnude NSFWfun Nsfwhumour nspire nsw nswf NSWF_amatuer NSWFHardcore ntbdbiwdfta ntnu NTSB_database NTU NuclearBusiness nuclearwar nuclearweapons Nudah NudeBase nudeceleb Nuderoast nudibranch nudist_loving nudistpornbeach NudistsGoneWild nugswap nujijinactie nukedbywords nukedfromorbit NukeMeFromOrbit NukeVFX nukleus null number26bank numberphile numberwang numerai numerical numerology numismatics numismatology nunavut nunumains NurdRage NurseJackie NurseJoyProject nursepractitioner Nurses nursingmemes nursingschool NursingSkills nus nutanix NutritionFacts NVC nvidiots nwi NWSL nxtcoin NXThemes nxtwrestling nyancoins nyannyancosplay nycART nycbeer NYCC nycfilmmakers nycfood nycgaybros nycgaymers nycHistory nycstreetart nyctech NYCtrees NYguns NYList NYrap nyspolitics nytimes NYTO NYXL nyxnyxnyx NZBitcoin NZCirclejerk nzpolitics NZTrees
submitted by j259awesome to u/j259awesome [link] [comments]

Advice for people new to cryptocurrency

So I have been fairly interested in cryptocurrency for a while now and I want to go about owning some as well as contribute to the community with helpful information once I understand the basics. I would also like to get familiar with transferring funds from various exchanges to hot wallets to cold wallets to swapping currencies without much risk (starting with a small amount) and with minimum fees.
Since I am just hoping to get my feet wet with the crypto world currently, I am not trying to go all out investing everything I have but rather spend 5-20$ on most likely bitcoin first so I can feel comfortable with knowing the basics in what to do and where to go. I will most likely use coinbase first since I reside in the US and I have already set up an account and am familiar with their platform.
The main thing that concerns me is taxes, I would like to understand how to keep up with them and when and where I would file for them when capital gains or capital losses come into play (don't want anything to backfire at me in the future or to upset our lovely friends at the IRS). I understand you get taxed when:
-you trade crypto to fiat
-trade crypto to crypto
-use crypto for service or goods
-mining (which I don't see myself doing soon but it makes the list)
Tracking crypto transactions is another concern of mine as for I know that you have to keep track... for taxes. I can go old fashion and write them down but that might seem kind of annoying after a while, use excel maybe? Or use a crypto tracker, but if I do not have much money in it, I don't see myself purchasing a service. So I would like to know the easiest way to go about tracking transactions as well.
If an exchange is centralized and abides by aml and kyc, does that make it more secure? Some say you should use a decentralized exchange for crypto to crypto, is it any better, lower fees or something? Also Is it good to have funds diversified in a couple of wallets (seems more secure since if something happens to one, you have a couple others. A couple cold wallets for long term investment, and a couple hot wallets for short term use). Any helpful information would be nice.
So to summarize most of my questions:
What is the best way to go about tracking transactions?
How would I keep up with taxes, where and when would I file losses/gains, do I have to file every transaction or can I file a total loss/gain for the whole year?
Is it better to use decentralized exchanges like bisq or centralized like coinbase for crypto to crypto and for crypto to fiat and vise versa?
Secure exchanges with minimal fees?
Do I need a multisigniture wallet for more security?
Any other fees besides a miners, transactions and maybe transfers I should know about?
Anything else I need to know? Some extra advice would be greatly appreciated.
submitted by dirtymilkcheese to BitcoinBeginners [link] [comments]

Spock & CoinEx AMA Recap

Spock & CoinEx AMA Recap

https://preview.redd.it/1lagrcjnc9o31.png?width=1074&format=png&auto=webp&s=3136db9ca685dc17477d307df722e5b73ba80030
Spock Network is a decentralized storage platform. In the early stage, Spock Network mainly stores Proof of Capacity (POC) consensus data to effectively utilize the most suitable decentralization technology to encourage miners providing hard disk space. Recently, Spock has been growing rapidly and getting listed on four famous exchanges including CoinEx. On Sept. 19, CoinEx will launch Accelerator for Spock, allowing users to subscribe SPOK with 0.0075 USD. Besides, in order to help our users to dig more about Spock, we have invited the open source code contributor of Spock, Titian Xie, to throw an AMA among our community. Below is the recap of the AMA and enjoy your reading!

Q1: How will Spock solve the existing problems in blockchain?
A: Spock is a decentralized storage application network. Judged from the current development of blockchain technology, PoC is the only choice for a decentralized incentive mechanism in a distributed network composed of a large amount of hard disk space and bandwidth. On one hand, this solves the problem of excessive power consumption in the current mining industry, and on the other hand, it solves the problem of fair competition among a large number of existing hard-disk mining machines. At the same time, on that basis, Spock also supports Solidity smart contracts, which makes the entire ecosystem more prosperous.
Q2: Could you please say something about the team?
A: The core members of our team are all early users on Bitcointalk forum and developers of Burst. They are very familiar with the technology development trend and the details of the bottom of the blockchain technology. Even I with such a R&D background could only throw myself down at their feet in admiration. Their ideals are also very pure, that is, to make Spock a community coin like Bitcoin and Litecoin.
Q3: Community building has just started. What will you do to build the social media that remain active and continuously focus on Spock?
A: Spock is a decentralized application platform. The community also relies on spontaneous word of mouth. Since Spock was put on the test net and later on the main net, many miners and holders have spontaneously joined in to become owners, and maintained and promoted the community. The upcoming Solidity smart contracts can be carried out by polling among the holders, and members of the community will vote through the smart contract to determine the project function expansion and community governance.
Q4: Spock is a decentralized storage application platform, so what advantages does it have compared with the traditional centralized storage platform?
A: Traditional centralized storage platforms generally adopt cloud storage. Most of the data is stored on a few cloud platforms, which leads to serious centralization problems arising from data accumulation. There are also problems including higher cost, slower transfer rate, and poorer data security. The decentralized storage application platform encrypts and distributes data through a distributed network, meaning that no party, other than the data holder, could get access to the data, thus ensuring security. And one of the key issues is that the open decentralized platform can do better in protecting private data. As with the case of the assets of the digital assets of Huobi, the private key represents the ownership of the assets, and, on the decentralized storage platform, it can represent the disposition and access rights of the data.
Q5: Spock adopts the consensus mechanism of PoC. What advantages and disadvantages does PoC have compared with PoW and PoS?
A: In terms of resource usage, PoC is just between PoW and PoS, unlike PoW which consumes a lot of power, or PoS that almost costs nothing. Besides, since the core mechanism of PoC is similar to storing the “hashrate” of PoW on the hard disk, it also makes it possible for the mining equipment to mine in different projects at the same time, provided that several different projects use the same data structure.
Q6: We noticed that Spock also introduced the PoS mechanism on the basis of PoC. What is the consideration?
A: With the POS mechanism added in SPOCK, when a miner package a block, if its address balance satisfies the condition, he or she get get all the proceeds; otherwise, the proceeds will be reduced, and those that fail to meet the conditions will be destroyed. So in my opinion, developers introduce POS mechanisms to create a more equitable and sustainable ecosystem.
Q7: What will the team do to attract more developers to join the Spock ecosystem?
A: Spock is the first public link that supports the Solidity Smart Contract and has been put on the main net. It allows developers to port the DApp on the Ethernet to the network at a very low cost, while developers can design the mining and pledge mechanisms for the tokens of PoC distributed on this network.
Q8: What is the form of Spock mining? What are the conditions for miner application?
A: In SPOCK, mining is carried out through the storage device. First, you write the result of the hash calculation to the device, and reduce the huge hash calculation required in PoW algorithm by retrieving the data in the hard disk. Only a small amount of hash calculation will be required in execution stage. You can mine as long as you have storage equipment and meet the hashrate conditions. Ordinary miners just need an ordinary computer with a hard disk and access to the internet, then they need to go through hard drive mapping, download the wallet, install nodes and so on before mining.
Q9: I am a Windows phone user. How do I download a SPOK wallet?
A: At present there is only the Android version. Versions of other platforms are subject to the official arrangement.
Q10: Miners don’t know how much hashrate they have or how much they could pledge.
A: Check http://www.spockpool.com. There is a calculator to check the amount of pledges required for the time being.
Q11: Does the mining cost anything or a certain amount of SPOK tokens?
A: Now we have a market for cooperative mining. Miners can borrow tokens from owners for mortgage.
Q12: Is there a detailed tutorial for mining?
A:https://www.spockchain.org/download/SpockChain%20Mining%20Tutorial%20V1.3.2.pdf
Q13: What are the advantages compared with Lambda or such? The larger the hard disk, the higher the hashrate?
A: My suggestion is to experience the mining process on both official sites so you may understand the differences between them.
Q14: Can we use the Raspberry Pi to mine at home?
A: Yes, theoretically. Yet the weak computing power of Raspberry Pi itself may affect efficiency in hard drive mapping.

This is the end of the sharing. See you next time!
If you have any suggestions, please submit a Ticket here: https://support.coinex.com/hc/en-us/requests/new
submitted by CoinExcom to Coinex [link] [comments]

ShionCoin Console Basics

The following is a brief overview of the commands provided by the "shc" utility console program.
The utility program "shc" communication with the server (shcoind) are restricted to the local host that the service is running. You must use the stratum API in order to access the server from a remote machine.
A sub-set of all the commands are provided here. This guide attempts to concentrate on commonly used commands that are useful. Run "shc help" for a full list of commands. Run "shc help " for details about running that particular command.
You can enter an interactive mode by running "shc --prompt".
Run the daemon with "shcoind --debug" in order to print additional information to the log file (on linux, "/valib/share/shcoind.log") for diagnostic purposes.
ShionCoin "pub-key" coin addresses typically starts with "S" or "R". A "script address" will start with "1" and a seg-wit address will start with "3". Coin addresses are verified when entered on the command-line in order to ensure that the address is prudent in respect to the coin interface.
All fees for extended transactions, such as creating context and aliases, are either stored (for update purposes) in a local extended account and/or are provided as mining fees. You can use the "wallet.donate" command to intentionally create a transaction which includes a specified mining reward value.

Wallet Commands

The wallet commands provides capabilities to transfer funds and manage accounts. Each account can contain several coin addresses and has a counter-part "extended account" that is not visible.
Wallet Info: wallet.info
Display statistical and runtime information on wallet operations.
shc wallet.info { "version": 3010000, "walletversion": 60000, "balance": 658, "keypoololdest": 1517000561, "keypoolsize": 101 }
Create Coin Address: wallet.new
The "wallet.new" command is used to create a normal (non seg-wit) coin address and associate it with an account name. Coin addresses may be automatically generated for accounts, for example in order to return "change" in a fund transfer transaction. All change is directly returned to the associated account.
shc wallet.new test S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci
List Accounts: wallet.list
The "wallet.list" command provides a balance of all accounts in the coin wallet.
shc wallet.list { "": 0, "bank": 658, "system": 0 }
Three accounts are created by default. The "" account receives coinbase rewards which are then distributed to users based on their stratum stats. The "bank" account is a 0.1% cut of the rewards received from the stratum mining pool. The "system" account is currently reserved for a cpu-miner which attempts a single mining operation each time new task work is assigned to miners. The frequency of how often this occurs is based on tracking the "luck" of past attempts.
List Coin Addresses: wallet.listaddr
The "wallet.listaddr" command will list all of the coin addresses associated with an account.
shc wallet.listaddr test ["S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci"]
Create Transaction: wallet.send
The "wallet.send" command is the primary method of sending funds.
All ShionCoin transactions are sent with at least the 0.0001 SHC minimum fee. Providing the minimum fee is provided, any fee can is permitted and affects the priority of the transaction.
shc wallet.send bank S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci 10 307711dace8c0583b744af8acd1df2073e36b0c7a54b8830a15ae146f8c22ddb
Test Create Transaction: wallet.tsend
You can "test send" a transaction in order to determine the aproximate fee and size that would result.
shc wallet.tsend bank SLbnKamvSx8FhaBNpHUwffFDLZ16J8phdX 10 { "amount": 10, "tx-amount": 98.999900, "size": 300, "virt-size": 226, "fee": 0.000100, "inputs": 1, "priority": 1085539000000 }
Create Batch Transaction(s): wallet.bsend
The "wallet.bsend" command allows you to transfer funds that are more complicated than would be permitted in a single transaction. Multiple transactions will be created, as neccessary, in order to send the specified coin value. The total value commited to be sent may be lower than the value requested under certain circumstances.
Create Certified Transaction: wallet.csend
The "wallet.csend" associated a pre-created certificate with the coin transfer. The certificate may be used to associate with the certificate, or provide a method to identity the source of the funds.
shc wallet.csend bank SLbnKamvSx8FhaBNpHUwffFDLZ16J8phdX 10
Create Stamp Transaction: wallet.stamp
The "wallet.stamp" command allows you to create a short message (up to 135 characters), or reference a geodetic location, to associate with a local coin address. The stamp transaction is the exclusive method of claiming spring matix location coins. Creating a stamp in the format "geo:," will result in a single SHC coin, once processed on the network, being rewarded for all locations not yet discovered in the spring matrix. A minimum transaction fee (0.0001) is applied for each stamp transaction created.
Use the "ctx.findloc" command in order to search for locations active in the sprint matrix.
Validate Address: wallet.donate
Donated coins are added to the upcoming block reward. Donations may be optionally associated with a certificate. The maximum donation value in a single transaction is 500 coins. Donations are associated with the coin address that generates them, and may contain a geodetic stamp depending on configuration and availability.
The total cost will include the donation coin value specified plus a minimum transaction fee (0.0001 SHC).
{ "version": 1, "flag": 1025, "txid": "ace04609d0eca593b73a3f1afb1dcfeb10049c4ab4098ff9b17e01da65bf2ec6", .. "ident": { "version": 3, "expire": " ", "geo": "46.770000,113.980000", "addr": "SFrXpo9ykcSeycTdMaFu3xWwJFxN5gkUH4" } }
Validate Address: wallet.validate
The "wallet.validate" command returns general information about the coin address specified, including whether the coin address is contained in the local wallet.
shc wallet.validate SLbnKamvSx8FhaBNpHUwffFDLZ16J8phdX { "isvalid": true, "address": "SLbnKamvSx8FhaBNpHUwffFDLZ16J8phdX", "ismine": true, "account": "system" }
Validate Address: wallet.key
Obtain a code that identifies the private key of a coin address.
Validate Address: wallet.setkey
Create a new coin address, for the specified account, with a private key code.
Validate Address: wallet.keyphrase
Obtain a set of phrases that identify the private key associated with a coin address.
Validate Address: wallet.setkeyphrase
Create a coin address in the wallet given a key phrase.
Export Wallet (json): wallet.export
Creates a JSON formatted backup of all the accounts managed.
Export Wallet (datafile): wallet.exportdat
Creates a binary backup, in the tradition bitcoin wallet format, of all the accounts in the wallet.
Import Wallet (json): wallet.import
Creates a JSON formatted backup of all the accounts managed.
Scan Wallet: wallet.rescan
Cycle through all known wallet transactions and verify their state in the block-chain.

Block Commands

BlockChain Info: block.info
Print summarized information about the block-chain.
shc block.info { "version": 2000000, "blockversion": 2, "walletversion": 60000, "blocks": 77029, "difficulty": 0.000488, "pooledtx": 0, "currentblockhash": "5c4e3a637d857c7df925dda1c017dd3864c0fb95c1421276619810f5b95fc8c5", "errors": "" }
Print Block (hash): block.get
Print detailed information about the specified block hash.
shc block.get bc157eefd48e18152c70ad2937bd44e6bb38d218bf13c262a844a3d0ae9264d6 { "blockhash": "bc157eefd48e18152c70ad2937bd44e6bb38d218bf13c262a844a3d0ae9264d6", "version": 536870912, "merkleroot": "5bda555d945bc36806f1eb4913a47a2ecad4569133cce1d59bd82ad94e7be1c6", "time": 1521898215, "stamp": "03/24/18 07:30:15", "nonce": 4422421, "bits": "1e07ffff", "previousblockhash": "3312abddb29aea55f44a0e3c52d397d3041b9e2deaa160f2ac415cdca05057b9", .. }
Print Block Hash (height): block.hash
Obtain the block hash for a specified block height.
shc block.hash 77022 bc157eefd48e18152c70ad2937bd44e6bb38d218bf13c262a844a3d0ae9264d6
Export BlockChain: block.export
Export an entire block-chain to a binary file. The actual export of data is performed asynchronously (in the background), and the log file should be reviewed to determine when the operation is actually done.
shc block.export /root/.shc/block.bin { "mode": "export-block", "minheight": 0, "maxheight": 0, "path": "/root/.shc/block.bin", "state": "init" }
tail /valog/share/shcoind.log ..
[03/24/18 07:47:14] info: shc: PerformBlockChainOperation: saved 77105 blocks to path "/root/.shc/block.bin".
Import BlockChain: block.import
Import a previously exported block-chain into the live system. The imported file will only over-write block records that do not previously exist.
BlockChain Scan: block.verify
Perform an integrity check against the last X blocks in the block-chain.

Transaction Commands

Print Transaction: tx.get
Print details for a particular transaction from it's transaction hash.
shc tx.get 307711dace8c0583b744af8acd1df2073e36b0c7a54b8830a15ae146f8c22ddb { "version": 1, "flag": 1, "txid": "307711dace8c0583b744af8acd1df2073e36b0c7a54b8830a15ae146f8c22ddb", .. }
Print Transaction: tx.pool
Print details for all transaction currently pending in the active "mempool" queue. These are transactions that are actively being inserted into mined blocks.
Print Transaction: tx.validate
Validate a transaction hash associated with the local wallet. Prints summarized information about all local coin addresses associated with the transaction.
shc tx.validate 307711dace8c0583b744af8acd1df2073e36b0c7a54b8830a15ae146f8c22ddb [{ "spent": "false", "ismine": "true", "address": "S7viXBKwUZKy4aPCby3oXzWFDxhZKjGipA" }, { "spent": "false", "ismine": "true", "address": "S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci" }]

Peer Commands

Import Peers: peer.info
Display a summary of information relating to connected peers.
{ "clientversion": 3010000, "protocolversion": 2000000, "socketport": 24104, "connections": 3, "networkhashps": 11609, "errors": "" }
Import Peers: peer.list
Display information about each node peer currently connected to the coin interface.
Export Peers: peer.export
Export all of the known peers to a JSON file.
shc peer.export /root/.shc/peer.json { "mode": "peer.export", "path": "/root/.shc/peer.json", "state": "finished" }
Import Peers: peer.add
Import a JSON file containing node peer information.
Remove Peer: peer.remove
Disconnect and remove the specified peer from the system.

Context Commands

Context Info: ctx.info
Print the current fee to create a context transaction and the total number of context records in the system.
{ "fee": 25, "total": 1 }
Print String Context: ctx.getstr
Prints the ASCII value associated with a particular context name.
shc ctx.getstr "test name" test value
Print Context: ctx.get
Prints detailed information about a context record given it's context hash.
shc ctx.get ab5b128ce3674f81f0271efbbbb191fed56e9a80 { "version": 3, "label": "ab5b128ce3674f81f0271efbbbb191fed56e9a80 test name (1zgfTHd5BQA)", "expire": "Mar 23 08:28:39 2020", "flags": 10244, "signature": "e0539d3ecb54c5c0a29ccd69f0b03dfdfb58bc24", "hash": "ab5b128ce3674f81f0271efbbbb191fed56e9a80", "valuesize": 10, "valuecrc": "1zgfTHd5BQA", "tx": "0dbf21191091e33ad7be3b1ce1983ffffdbedeb804e3ce934021f0fad038d50e" }
Create String Context: ctx.findloc
Search for a location by it's name or with geodetic cordinates.
The "ctx.findloc" will scan an area and attempt to find a location within it. This area includes a span of about 100 sq. miles. The closest location with the smallest precision found will be returned. In addition, geodetic information provided by the share library is also utilized.
shc ctx.findloc "geo:46.9,114.2" { "name": "missoula, mt", "summary": "Montana", "zone": "America/Denver", "code": "MUNI", "country": "US", "geo": "46.94000,114.04000", "type": "Municipal Zone", "springable": "false" } shc ctx.findloc "Missoula, MT" { "name": "missoula, mt", "summary": "Montana", "zone": "America/Denver", "code": "MUNI", "country": "US", "geo": "46.94000,114.04000", "type": "Municipal Zone", "springable": "false" }
Note: The "springable" value denotes whether the geodetic location can be claimed in the SHC spring matrix (see "wallet.stamp").
Create String Context: ctx.getloc
Print detailed information about a particular location by it's name or geodetic cordinates.
The "ctx.getloc" command requires specific cordinates to be specified when a latitude and longitude is specified.
ctx.getloc "Missoula Creek" ctx.getloc geo:46.9846,114.1213
Note: The "springable" value denotes whether the geodetic location can be claimed in the SHC spring matrix (see "wallet.stamp").
Create String Context: ctx.setstr
Create a text format context value. This establishes a simple name=value relationship.
Context names are stored as hash keys. Therefore, the string name of the context key must be known before-hand in order to perform the lookup. A small label is also provided as part of the context record which includes a snippet (or all of) the context name.
Context records are signed against the coin address that paid to generate the transaction. Context transaction typically cost about 25 SHC or less to create. A context will expire two years after the date at which it is either created or updated. The owner can update a context by creating a new one with the same name as a pre-existing one. The "context hash" that identifies a context is also the key hash of it's label. The context is shown as part of the transaction details.
shc ctx.setstr test "test name" "test value" { "version": 3, "label": "ab5b128ce3674f81f0271efbbbb191fed56e9a80 test name (1zgfTHd5BQA)", "expire": "Mar 23 08:28:39 2020", "flags": 10244, "signature": "e0539d3ecb54c5c0a29ccd69f0b03dfdfb58bc24", "hash": "ab5b128ce3674f81f0271efbbbb191fed56e9a80", "valuesize": 10, "valuecrc": "1zgfTHd5BQA", "tx": "0dbf21191091e33ad7be3b1ce1983ffffdbedeb804e3ce934021f0fad038d50e" }
Create Geodetic Context: ctx.setloc
The "ctx.setloc" command creates contextual information about a specific place.
The command includes information about a location zipcode, name, and description. In addition, an optional place type code, country code, and web-url can be specified.
The place type corrosponds to one of the codes returned from the "ctx.loctypes" command.
This command has two different modes. One corrosponds to giving a name to a particular geodetic latitude and longitude corindate, and the other includes providing details about that particular location. A single location (as specified by latitude and longitude) may have multiple names, but it limited to a single set of details. Although some common places may be reserved from use (such as common city names), the application of detailed information to a geodetic location comes on a first-come-first-serve basis. Note that context information expires after two years.
The size of the area being referenced is dependent on the place type specified. For example, "AREA" spans roughly 30 sq. miles, while "SPOT" only spans 8 sq. feet. This precision is used in relation to geodetic lookups performed.
shc ctx.setloc test geo:46.9846,114.1213 "Bitterroot Creek" STM US shc ctx.setloc test "Missoula Creek" geo:46.9846,114.1213
Create Identity Context: ctx.setid
Create a binary context from the raw command-line argument specified.
Create Binary Context (raw): ctx.setbin
Create a binary context from the raw command-line argument specified.
Create Binary Context (file): ctx.setfile
Create a binary context from the absolute path specified.
Print Location Types: ctx.loctypes
Print out all suported location type codes for use with the "ctx.setloc" command.
[{ "name": "AREA", "desc": "General Area", "prec": 1 }, { "name": "MT", "desc": "Mountain", "prec": 1 }, .. }

Address Alias Commands

Alias Info: alias.info
Print the current fee to create an alias transaction and the total number of alias records in the system.
shc alias.info { "fee": 31.250000, "total": 1 }
Create Address Alias: alias.pubaddr
Create a persistent public association with a name and a coin address. Once confirmed, the coin address can be referenced as "@" in command-line operations.
When a coin address is specified the alias label will be published onto the block chain in reference. If the alias label already exists, then a transfer will occur providing you are the original owner.
A coin address will be automatically created if none is specified. Only "pub-key" coin addresses are currently supported. An alias will expire after 12 years.
An alias cost around 30 SHC to create and will decrease over time.
shc alias.pubaddr test S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci { .. "alias": { "version": 1, "label": "test", "expire": "Mar 21 09:37:40 2030", "type": 30, "addr": "S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci", "type-name": "pubkey" } }
shc wallet.send bank @test 2 d438fea502b7113f155617fc1b400161bb3045645094df5423ce7e484fadf7f2
List Address Alias: alias.list
Print all aliases that match the keyword provided.
shc alias.list { "test": { "block": "79b04f63fe5602f40bc559b1c5b39b730a2d6ea2d6b4ab491904d6054b1add71", "tx": "abb12ed2f4a74c58432afa9e19c08afad1d3dd84052f23be534e96ed53e11d4f", "alias": "77135966b271a06928cdff5548dbbaed61ee7250", "addr": "S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci" } }
Print Address Alias: alias.getaddr
Print details about a particular coin address alias given it's name.
shc alias.getaddr test { "version": 1, "label": "test", "expire": "Mar 21 09:37:40 2030", "type": 30, "addr": "S2fzfzf1SStvaMzjGpCtYKxY3t8PXus9Ci", "type-name": "pubkey" }

Certificate Commands

Certificate Info: cert.info
Prints the current certificate transaction fee and the total number of certificates created on the block-chain.
shc cert.info { "fee": 14.750000, "total": 1 }
Certificate Info: cert.list
Search for a certificate given the provided keyword.
shc cert.list test { "test certificate": "8069f1bbfb435cfa1efdb454684446528343b809" }
Certificate Info: cert.new
The "cert.new" command is used to create a new certificate on the block-chain. The certificate than may be used to derive other certificates or dispense licences. The certificate may have an optional fee specified that will be required to derive or license it.
A certificate can either be designated for issueing other certificates or granting licenses, but not both. Either form of the certificate may be used in order to donate or send a certified coin transfer.
A certificate is signed against a private key that is generated from the associated extended account coin address. You may optionally specify a hexadecimal seed to use for generating the private key. The certificate's private key is not stored in a database or a transaction, and requires the original coin address to be present in the local wallet to be determined. The public key is provided as part of the certificate transaction, and can be used in order to verify the integrity of the associated signature.
The average fee for registering a new certificate is initially about 15 SHC and will decrease over time. The details of the certificate are visible in the underlying transaction that it was generated in.
The frame-work of the certificate is designed to be compatible with the x509 format. See the "shcert" share library utility program for more information on exporting x509 certificate created on the ShionCoin block-chain. Certificates may also be used to provide licensing authentication to run or provide features to programs using the share library "esig" functionality (see the "shesig_verify()" function).
Note that the certificate may contain identifying information such as the originating coin address and, when available, the geodetic location.
shc cert.new test "test certificate" { "version": 1, "flag": 17, "txid": "18d0a73c96af3dd211f27e4ada898e13b4cf25223da2591289edb8a1e86f1129", .. "certificate": { "version": 3, "label": "test certificate", "expire": "Mar 24 04:13:46 2066", "geo": "46.770000,113.980000", "addr": "SC2j6kxbrKzfpxsGqBQSrxeDh2CdPn1TLJ", "certhash": "8069f1bbfb435cfa1efdb454684446528343b809", "issuer": "0000000000000000000000000000000000000000", "serialno": "0c96a132d74df2522f38babf0733224c", "flags": 10244, "signature": "0d5a4e6c7d4975ee443cfc2e057d3d76070bd2f5", "sigpubkey": "0334d9f89253fa0837a1524266414509bdce478368" } }
Certificate Info: cert.get
Print the details of a certificate record given the certificate hash.
{ "version": 3, "label": "test certificate", "expire": "Mar 24 04:13:46 2066", "geo": "46.770000,113.980000", "addr": "SC2j6kxbrKzfpxsGqBQSrxeDh2CdPn1TLJ", "certhash": "8069f1bbfb435cfa1efdb454684446528343b809", "issuer": "0000000000000000000000000000000000000000", "serialno": "0c96a132d74df2522f38babf0733224c", "flags": 10244, "signature": "0d5a4e6c7d4975ee443cfc2e057d3d76070bd2f5", "sigpubkey": "0334d9f89253fa0837a1524266414509bdce478368", "txid": "18d0a73c96af3dd211f27e4ada898e13b4cf25223da2591289edb8a1e86f1129" }
Certificate Info: cert.derive
Derive a certificate from another certificate. You can optionally specify a fee to be associated with the new certificate, and a fee may be required if one is associated with the parent certificate.
Certificate Info: cert.license
Generate a license from a certificate. A license represents authorization to use a particular product and typically requires a fee to be paid. You can optionally specify a hexadecimal seed to be used when creating the certificate's private key.
Certificate Info: cert.export
Exports the private key information from the extended account that is used to claim ownership over a particular certificate.
Ownership and management of a certificate depends on having specific coin address key(s) in the coin wallet. Exporting a certificate provides JSON formatted content which can be used with "wallet.import" command to attain ownership of a certificate.
submitted by shioncoin to u/shioncoin [link] [comments]

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

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

Transcript of Developer Meeting in Discord - April 12, 2019

Tron04/12/2019
Hello everyone.
It's been a good couple of weeks for Ravencoin.
Sorry I missed the last session. I was on vacation.
Jeremy is looking at channel settings. Can anyone else chat?
RavencoinDev (Jesse/Wolfsokta)04/12/2019
Hello Everybody!
Under04/12/2019
Hey Tron! Hey Jesse!
RavencoinDev (Jesse/Wolfsokta)04/12/2019
Hey Under. Thanks for joining us.
Tron04/12/2019
Ok, still locked. Working on it.
Who knows how to open the channel?
Under04/12/2019
@traysi ★★★★★
RavencoinDev (Jesse/Wolfsokta)04/12/2019
Maybe we start with just you running the show Tron? You can translate the blond frog speak...
Tron04/12/2019
We can all chat, but it isn't a community chat. It would just be a speech.
[Dev-Happy] Blondfrogs04/12/2019
Seems as though, they thought that the @Core Developer open open the channel, but we can't :frowning:
RavencoinDev (Jesse/Wolfsokta)04/12/2019
Ah, I see.
Tron04/12/2019
Ok, the [pot leaf] means you agree, and the [mushroom] means you disagree. GO!
This is the best.
Much less dissent. :smiley:
Ok, we thought we had the ability to open the channel, but it doesn't seem to be the case. To "thenest"!
traysi ★★★★★04/12/2019
Channel should be open now
bitspill04/12/2019
woot
Hans_Schmidt04/12/2019
Hallo! Now it's unlocked. This is always the problem with tight security - it can backfire.
𝕿𝖍𝖊 𝕯𝖔𝖓 𝕳𝖆𝖗𝖎𝖘𝖙𝖔 CEO ∞04/12/2019
thanks @traysi ★★★★★
Under04/12/2019
Thanks guys
[Master] Roshii04/12/2019
it is
Vincent04/12/2019
:nerd:
traysi ★★★★★04/12/2019
I updated Core Developer permissions to manage this channel. Should work in the future.
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Tron Bruce had mentioned wanting Restricted Assets as a wallet control instead of being on chain. Thoughts?
Tron04/12/2019
>> Tron Bruce had mentioned wanting Restricted Assets as a wallet control instead of being on chain. Thoughts?
I'm not 100% sure what that means.
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Also, seems to me from just being around here pretty much all day everyday that the community support to have only the original asset holder being the only one ever to issue a restricted asset of the same name is basically 99% universal
Tron04/12/2019
Lots of stuff can be done on the 2nd layer, but not restricting peer to peer trades for those holding their own keys. That's the main reason for Tags and Restricted Assets.
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Basically Bruce wants to keep restricted asset issuance capabilities at the wallet level
I'm seeing a big security issue with going that route
Chill04/12/2019
I don't want to put words into Bruce's mouth, but that is my understanding as well
Tron04/12/2019
Explain "wallet level" Wallet is a container for private keys in my vernacular.
𝕿𝖍𝖊 𝕯𝖔𝖓 𝕳𝖆𝖗𝖎𝖘𝖙𝖔 CEO ∞04/12/2019
brb, googling vernacular
Tron04/12/2019
:smiley:
𝕿𝖍𝖊 𝕯𝖔𝖓 𝕳𝖆𝖗𝖎𝖘𝖙𝖔 CEO ∞04/12/2019
learn something new every day
Chill04/12/2019
from verna, meaning house slave. That's you, CEO!
Tron04/12/2019
Sorry, in bitcoin terminology.
bhorn04/12/2019
https://twitter.com/brucefenton/status/1116482635314999296
Bruce Fenton (@brucefenton)
Wallet level controls for securities might offer the best of both worlds: decentralized protocols with the ability for issuers to program and control their digital assets based on whatever rules they choose.
Twitter
Rikki RATTOE Sr. SEC Impresantor04/12/2019
@Tron Sorry, I wouldn't fully know exactly what Bruce was thinking when he mentioned this to the community, might not be a bad idea to get in touch with him at some point
That ^^^
Sevvy (not worried til 500sats)04/12/2019
it will need to be somehow baked into the chain, though. No?
otherwise wallet code circumventing it could be conceived
S1LVA | GetRavencoin.org04/12/2019
If any of the committing devs have topics or updates they'd like to bring up, shooot
Tron04/12/2019
Ah, ok. I think that means that issuers can control issuance with their keys and determine whether the recipient is Reg D, Reg S, Accredited, etc. That wouldn't be an on-chain function, and might need to be done first. Only later when secondary trading is approved/allowed/enabled/etc then the Restricted Asset idea is important for those that want to hold their keys/assets.
IRSJonPizza | JON.NETWORK04/12/2019
When better privacy... And how?
Tron04/12/2019
None of this matters if it is held by a regulated custodian.
Rikki RATTOE Sr. SEC Impresantor04/12/2019
@Tron Yeah, seems to me from a security standpoint, that would be a bad idea
Tron04/12/2019
No PII (Personally Identifiable Information) should go on-chain.
Sevvy (not worried til 500sats)04/12/2019
so even wallet side things that Bruce mentions rely on the chain having tagged and restricted assets
correct?
Tron04/12/2019
But, in the US, the laws are such for Securities that KYC has to be done for issuance for sure, and likely for trading in a centralized exchange or ATS.
The idea behind tags and assets is to restrict assets to addresses that are tagged. The chain is completely unaware of any other rules. It is just a tool set.
Sevvy (not worried til 500sats)04/12/2019
understood
Synicide04/12/2019
@Tron has there been any further thought/discussions about the hot topic from the previous dev meeting of uniqueness between regular assets and restricted assets? Last meeting ideas were tossed around for a grace peroid, or sharing unique names.
Under04/12/2019
KYC Isn’t a requirement for lottery. Do you think blending in that use case hurts or helps Ravencoin legitimacy? Could the activity of unregulated securities trading, slowly become the norm much as in the same way pot is becoming legalized? How do we by code accommodate existing systems without giving up on the goal of changing the way fundamentallly people participate in the equity market?
Tron04/12/2019
We've talked about it, but no decisions yet.
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Lastly, was thinking the dev meeting time is probably not the ideal place for community randoms like myself to voice our thoughts about non-technical specifics like we're discussing currently. Before the hard fork would it be a good idea to kinda have an open mic online forum where the devs and community can get together and talk about some of the governance type issues?
Hans_Schmidt04/12/2019
Is the current plan still to include both messaging and restricted assets in the next release/fork? GUI included or only consensus/rpc level?
Tron04/12/2019
In general, we feel that XYZ is different than $XYZ. There is some additional on-chain burden like holding the rule-set for the restricted asset.
S1LVA | GetRavencoin.org04/12/2019
Could making the !Ownership token reissueable as $Ownership, Be viable? Keeping asset names unique for their owners?
Tron04/12/2019
Tags have to be held by wallets, so there should be a cost to tagging.
[Dev-Happy] Blondfrogs04/12/2019
@Hans_Schmidt We are going to try and release them on mainnet at the same time.
S1LVA | GetRavencoin.org04/12/2019
Asset names being unique on chain, no matter the type, would be ideal.
[Dev-Happy] Blondfrogs04/12/2019
Not sure about the GUI though.
Rikki RATTOE Sr. SEC Impresantor04/12/2019
@S1LVA | GetRavencoin.org Yes I feel therr may be a disconnect on this issue between the community and the dev team regarding what u say
Chill04/12/2019
I have yet to interact with anyone here who is in favor of overlapping names, to be honest
Sevvy (not worried til 500sats)04/12/2019
yep
IRSJonPizza | JON.NETWORK04/12/2019
No overlaps
S1LVA | GetRavencoin.org04/12/2019
"Token names are guaranteed unique."
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Which is why I've kinda suggested maybe a round table on this issue before we try to push the code through
Tron04/12/2019
Do you think that sentiment would hold with the wider community?
Sevvy (not worried til 500sats)04/12/2019
It does in my experience
Rikki RATTOE Sr. SEC Impresantor04/12/2019
I've seen nobody who prefers the grace period idea
S1LVA | GetRavencoin.org04/12/2019
We need to properly survey all channels
IRSJonPizza | JON.NETWORK04/12/2019
We can do a discord vote
Sevvy (not worried til 500sats)04/12/2019
needs to be wider than discord
S1LVA | GetRavencoin.org04/12/2019
Discord is not enough, discord is not the community.
Rikki RATTOE Sr. SEC Impresantor04/12/2019
For sure
Sevvy (not worried til 500sats)04/12/2019
Yeah not by a long shot
Synicide04/12/2019
I would at least like to hear an argument on why they shouldnt be. There have been several arguments on why they should be.
Sevvy (not worried til 500sats)04/12/2019
twitter, telegram, etc
pool operators
Hans_Schmidt04/12/2019
It could cost a fee to make an asset restricted, and still only the original owner could do it. Issue first, then restrict.
Chill04/12/2019
That's what I was going to say. I have yet to hear an argument that explains why the names should be overlapped
Tron04/12/2019
@S1LVA | GetRavencoin.org I agree. If there's a way to survey the wider community, I think we should go with it.
IRSJonPizza | JON.NETWORK04/12/2019
Well, i guess you can try to push it, let the miners decide
Sevvy (not worried til 500sats)04/12/2019
The owner of !ASSET ought to have enduring, sole right to create $ASSET
S1LVA | GetRavencoin.org04/12/2019
If anyone has the position that they can be made non unique by a seprate $ownership issuance, Please pm me and we can have a discussion on my youtube stream.
Rikki RATTOE Sr. SEC Impresantor04/12/2019
@Tron once the voting layer has been activated, this will all be so much easier :yum:
Sevvy (not worried til 500sats)04/12/2019
assuming an official vote token is produced
But that would be kind of centralized
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Nothing is official of course
Vincent04/12/2019
the needs to be a logical explanation on how it will be better for the coin to have them not connected
Hardman (CEO - dipshit)04/12/2019
I normally never speak in development-meetings. But I agree with @S1LVA | GetRavencoin.org's opinion. >>Asset names being unique on chain, no matter the type, would be ideal.<<
Rikki RATTOE Sr. SEC Impresantor04/12/2019
But it's better than having nothing for the devs to rely upon when deciding how the code is gonna be pushed out
Hardman (CEO - dipshit)04/12/2019
And no I don't own any asset :)
IRSJonPizza | JON.NETWORK04/12/2019
Assets being not unique = Fraud and confusion
Hardman (CEO - dipshit)04/12/2019
It would in fact be in my personal benefit if it isn't going to be that way, to squat important names.
Synicide04/12/2019
There have been many potential issues/confusion brought up with them not being unique. But no one understands the counter argument
Tron04/12/2019
I don't have a dog in the hunt. If it is better for the project for $BCD and BCD to be treated as the same -- even though they're different textually and different types of tokens, then I'm ok with that. What I don't want, is to make a decision that has lasting repercussions for the project based on the voices of a few that may have a vested interest because they secured good names.
[Dev-Happy] Blondfrogs04/12/2019
Don't worry, Tron is typing :smiley:
Vincent04/12/2019
**jeopardy theme song*
Tron04/12/2019
That's why I mention the "wider" community.
S1LVA | GetRavencoin.org04/12/2019
Absolutely the route to take, gathering the opinions of the greater community.
Vincent04/12/2019
can u give one good counter argument ?
kott04/12/2019
so no counter argument ?!
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Agreed and this should only be the start of this conversation
bhorn04/12/2019
>>from Tron: they're different textually and different types of tokens
sounds like a counter
Vincent04/12/2019
the only one i can think of is a new life on name squating which in no way helps the project
Rikki RATTOE Sr. SEC Impresantor04/12/2019
I only bring this up because it seems 99% here prefer forever instead of a grace period. Makes me think it's worthy of discussing to the wider community
Tron04/12/2019
For sure grace period.
S1LVA | GetRavencoin.org04/12/2019
There no argument that it merits discussion
Chill04/12/2019
any company will be forced to buy the !asset and $asset anyway
Vincent04/12/2019
seems like a brexit vote.... revote until the correct vote is recieved
Hardman (CEO - dipshit)04/12/2019
@Tron I agree, if this is going to have lasting repercussions for the project, and will only benefit a few, they should be separated. But then we should asses what the implications would be of doing it or not doing it. Are those known?
bhorn04/12/2019
as a non-developer, it would be confusing to me if ASSETNAME and $ASSETNAME were not related
Tron04/12/2019
If the wider community is for the non-restricted asset having precedent forever to get the token, then its easy to do.
bhorn04/12/2019
hearing about name uniquness, but then those two not being unique, seems like a contradiction
Hardman (CEO - dipshit)04/12/2019
I am all for what is best for the blockchain implementations that will come in the future.
Tron04/12/2019
@bhorn But we can't enforce that. Only at first. $ASSETNAME could be sent to someone else.
Hardman (CEO - dipshit)04/12/2019
They are unique because they are different asset types.
IRSJonPizza | JON.NETWORK04/12/2019
Literally you garentee unique names, then you say nvm... It's like saying this crypto u made is capped at 2000 coins then you say nvm its 1000000
Hardman (CEO - dipshit)04/12/2019
From a code perspective its still unique.
bhorn04/12/2019
but the unique names is for the user
being able to trust the name
Rikki RATTOE Sr. SEC Impresantor04/12/2019
I'd also add, one of the selling points of RVN over ERC-20 is the ability to only have one unique name ever
bhorn04/12/2019
if you open up the $ASSETNAME to the non-original owner, now someone new can squat it
Vincent04/12/2019
so there really hasn't been a good point yet
bhorn04/12/2019
and it is no longer uniquely owned by the original issuer
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Statt getting into same name separate asset things and that starts to get confusing
Sevvy (not worried til 500sats)04/12/2019
they are de facto unique
Hardman (CEO - dipshit)04/12/2019
I think it would be good to have an overview of the benefits and downsides of both ways of implementation.
Sevvy (not worried til 500sats)04/12/2019
@IRSJonPizza | JON.NETWORK I think you miscomprehend
Vincent04/12/2019
thats not a good argument
Hardman (CEO - dipshit)04/12/2019
Rn we're all kawwing into nothing.
S1LVA | GetRavencoin.org04/12/2019
Giving the !Ownership token the power to reissue as $Ownership would make our Ownership tokens more valuable, overall.
Tron04/12/2019
What if the system required purchase of the non-restricted asset first. If you want $GOOGLE, buy GOOGLE first.
Chill04/12/2019
superb
IRSJonPizza | JON.NETWORK04/12/2019
Yep
Sevvy (not worried til 500sats)04/12/2019
ohhhhh
NIce Tron
S1LVA | GetRavencoin.org04/12/2019
Yes, you must own !Ownership
Vincent04/12/2019
agree and will go back to building apple in ur garage yrs before needing restrictes asset
Sevvy (not worried til 500sats)04/12/2019
that's what i've been saying
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Yessir
Sevvy (not worried til 500sats)04/12/2019
The owner of !ASSET ought to have enduring, sole right to create $ASSET
whosoever owns it
may then create the $ASSET
Rikki RATTOE Sr. SEC Impresantor04/12/2019
U got the ownership token, u got the name
IRSJonPizza | JON.NETWORK04/12/2019
As soon as tron says it everyone agrees... Lol
Vincent04/12/2019
yes, we all agree to that i believe
Sevvy (not worried til 500sats)04/12/2019
That's what a lot of us were saying I think
Hardman (CEO - dipshit)04/12/2019
I really would dislike it if it would have negative implications for rvn and that few moneyminds will benefit from it.
[Dev-Happy] Blondfrogs04/12/2019
i think that could work. So GOOGLE! issues -> $GOOGLE?
Chill04/12/2019
perfect
Sevvy (not worried til 500sats)04/12/2019
I think some of us were phrasing it differently or conceiving of it differently because some of us are thinking from a user perspective and some are thinking from a developer perspective
Rikki RATTOE Sr. SEC Impresantor04/12/2019
@[Dev-Happy] Blondfrogs Exactly
S1LVA | GetRavencoin.org04/12/2019
@[Dev-Happy] Blondfrogs More specifically, !Google issues > $Google
Sevvy (not worried til 500sats)04/12/2019
yeah exactly
Chill04/12/2019
Then, if there is some sort of new token that is needed in the future, GOOGLE has already secured the rights to create that one as well
Tron04/12/2019
The exclamation mark is at the end.
Hans_Schmidt04/12/2019
That's exactly what I proposed earlier. Create or buy owner first. Then restrict for another fee.
Sevvy (not worried til 500sats)04/12/2019
I always mess that up. putting the ! at the beginning
Hardman (CEO - dipshit)04/12/2019
I know for a matter of fact multiple people own many assets in here. I want to remain neutral here. But you guys speak for your own interest, not for the project.
IRSJonPizza | JON.NETWORK04/12/2019
How much should restricted fee be?
Tron04/12/2019
Oh no, the price discussion. :wink:
Sevvy (not worried til 500sats)04/12/2019
gotta go!
run tron!
Rikki RATTOE Sr. SEC Impresantor04/12/2019
@Hardman (CEO - dipshit) a community coin takes into consideration everyone's interest
theking04/12/2019
@Tron that makes a lot of sense. Buy the non restricted first and only when you own that can you purchase or create a restricted.
Vincent04/12/2019
i disagree @Hardman (CEO - dipshit) there hasnt been a good counter argument
Synicide04/12/2019
sounds like a great solution, and fixes the !UNIQUE + $UNIQUE <> UNIQUE issue many have
Tron04/12/2019
I'm becoming convinced on the asset name thing.
[Dev-Happy] Blondfrogs04/12/2019
How much do you think is should cost to make a restricted asset guys/girls?
Rikki RATTOE Sr. SEC Impresantor04/12/2019
I was thinking 750-1000
S1LVA | GetRavencoin.org04/12/2019
500RVN
Gintonic (sold Honda)04/12/2019
Same as unique - 500
RavenLord 🐦04/12/2019
500
Vincent04/12/2019
i dont like the fixed cost discussion (old fight)
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Or maybe if u already own the !asset, just add another 250-500 to get it created
Synicide04/12/2019
It needs to cost enough to where only people that need that functionality buy it IMO
Chill04/12/2019
Since we do not know whether any future types of tokens will be needed (as the future is not set yet), giving one name control over that name in all current assets and future types of assets is a logical solution. It's a future-proof solution
Hans_Schmidt04/12/2019
same as create new main asset
RigbyMiner04/12/2019
restricted asset should cost 3-5 times that of a regular asset.
Hardman (CEO - dipshit)04/12/2019
Then, if it costs money, why would YOU only be able to register it?
Sevvy (not worried til 500sats)04/12/2019
100 for sub. 500 for main. 2500 for restricted?
5x 5x?
Tron04/12/2019
(750+250+500+5000+500) / 5
Rikki RATTOE Sr. SEC Impresantor04/12/2019
IMO restricted assets add extra user tools to the OG assets so they should cost more than 500 to create
Chill04/12/2019
The cost for the restricted token should be only commensurate with the cost to the network imo
Vincent04/12/2019
when the coin is accepted by the masses, there will be plenty of burning
no need for inflated (imo)
nobody is gonna issue restricted, just because
Rikki RATTOE Sr. SEC Impresantor04/12/2019
Plus I think the difference in cost should also promote usage of the OG asset when a user doesn't need the added functionality of a restricted asset
Sevvy (not worried til 500sats)04/12/2019
if you think about it a restricted already costs more than a main, because it includes having already paid for the main
Hans_Schmidt04/12/2019
Before we run out of time- What is the current eta for restricted/messaging mainnet release - How much time to security debug? Are there plans for another bug bounty program?
Jeroz04/12/2019
What if I want only my guild members or game buyers to trade my coins or items or dragon kill points. Why should I pay more for an asset then?
Rikki RATTOE Sr. SEC Impresantor04/12/2019
I'd like to thank everyone for attending the #governance-meeting today :joy::joy::joy:
Gintonic (sold Honda)04/12/2019
Unpopular thought: Could we let the devs to discuss about other issues?
Tron04/12/2019
We are going to have another wallet for Android that does BIP44 and handles assets. There will be a classic RVN only wallet, and an asset-aware wallet that is seed-compatible with iOS wallet.
Coming soon. Testing it in the next few hours.
traysi ★★★★★04/12/2019
The last wallet was not released as open source. Will the next one be?
Vincent04/12/2019
wen wallet for my windows phone???
Jeroz04/12/2019
Quick before the end and while I’m walking to pick up my son:
I'm not sure if I can make the meeting but wanted to show a list of things that are going on outside of the core development and things that I think deserve attention:
- Ravenland made an OS for the PI, which significantly reduces the difficulty threshold of creating full nodes. https://ravencoinos.org/. I am still planning on helping @push | ravenland.org with some tools for it but very swamped with work lately (Sorry @push | ravenland.org!)
- Mangofarm is very busy developing their web-wallet and asset management services. https://www.mangofarmassets.com/. There will be new features coming.
- Mangofarm is in a far stage with Trezor integration and just finished their first transaction.
- Mangofarm and Ravenland are busy setting up an IPFS swarm to make sure all RVN data will stay active. Reach out to them if you like to be a part of it.
- I am in continuous talks with people/services interested in supporting RVN (I get mainly approached on telegram). And would like to mention once again that, imho, Raven could greatly benefit from a bounty system like: https://bounty.bitcoin.com/. Not only to 1 attract devs but also because 2 people don't know how to donate (yes I am getting the question), 3 current community funds are poorly managed, if at all, 4 there are coin services emerging where trading fees can be routed back to community projects and without going into details, I do talk to some.
Tron04/12/2019
It is open source. Both will be.
traysi ★★★★★04/12/2019
Current Android wallet is not on github.
Tron04/12/2019
Super cool stuff from Ravenland and MangoFarm !!!!
[Master] Roshii04/12/2019
https://github.com/RavenProject/ravenwallet-android
GitHub
RavenProject/ravenwallet-android
Contribute to RavenProject/ravenwallet-android development by creating an account on GitHub.
traysi ★★★★★04/12/2019
Latest commit 5134271 on Oct 4, 2018
Tron04/12/2019
Could we use the same people that did the legal fund to do a bounty fund?
traysi ★★★★★04/12/2019
Is that the latest version @[Master] Roshii ?
S1LVA | GetRavencoin.org04/12/2019
Bounty for what @Tron
[Master] Roshii04/12/2019
Yes
Tron04/12/2019
For the wallet for download.
That will become RVN Wallet Classic.
traysi ★★★★★04/12/2019
It seems some people are using an android wallet different than that one.
DirkDiggler (RVN ded)04/12/2019
back to the discussion on the Restricted asset cost - it seems to me that it should be 5k +, as it's such a specialized use case (institutions)... KYC/AML shouldn't be cheap
CPT d0JA04/12/2019
im all for bounties for things but they must be discussed upon and agreed in public space and i dont think its fair if certain people have access to that knowledge of bounties before they are posted to get a head start on the work and claim the bounty right after its posted
my 2 pennies
Tron04/12/2019
The PR in there is for asset support. We're testing this afternoon
Vincent04/12/2019
@DirkDiggler (RVN ded) i think cheap, the more users the merrier
IRSJonPizza | JON.NETWORK04/12/2019
Def needs to be real expensive... I dont wanna see a market for this
Hardman (CEO - dipshit)04/12/2019
@CPT d0JA I agree with you. All should be done and agreed upon in public. Nothing in backrooms.
Tron04/12/2019
So I have a "cheap" and a "real expensive". PERFECT!
DirkDiggler (RVN ded)04/12/2019
consensus :)
kott04/12/2019
must be expensive
Vincent04/12/2019
we want RVN used...make it affordable for all
bhorn04/12/2019
i'm with wider-use
less expensive
Tron04/12/2019
Two cheaps and two real expensive.
Vincent04/12/2019
to be continued......
DirkDiggler (RVN ded)04/12/2019
these guys arent seeing the big picture of who would be using this type of asset
cheap is a relative term
CPT d0JA04/12/2019
so moving forward if people have some good ideas for bounties they should be posted in a public space and then discussed amongst the community, there should be no closed room discussions or people in power making the decisions on which bounties are posted, especially for things the coin doesnt need.
Synicide04/12/2019
tags can be used for many use cases outside of KYC though, as Tron has used subscriptions as an example
DirkDiggler (RVN ded)04/12/2019
as is expensive...
Vincent04/12/2019
@Tronare u aware of any tokens, like vinsent, that will issue and burn a lot of coin just based on the use plan?
Sevvy (not worried til 500sats)04/12/2019
unique assets, despite being only 5RVN could burn a lot of RVN
theDopeMedic04/12/2019
What would that do to the burn if it's more expensive?
Hardman (CEO - dipshit)04/12/2019
I think the choice should be made in a way that its good for the basis of the project, not for interest of a few, sounds harsh I know. What if new asset_types arise, will those owning the current asset always get a freecard to get it first? Wouldn't be fair.
Vincent04/12/2019
agree
DirkDiggler (RVN ded)04/12/2019
5000 ravens burned to KYC folks is a bargain... and it helps all us dipshit bag holders of RVN
Vincent04/12/2019
if GM tokenized each vehicle...they would burn a lot annually
bhorn04/12/2019
imagine years down the road, if price continues to increase
Tron04/12/2019
I agree that the types of organizations that would use for SEC compliance are not going to worry whether it costs $5 or $100. But some subscription, games, vip groups, etc. may be more price sensitive.
Vincent04/12/2019
why are u worrying about the cost of running other peoples business tho...it is about RVN acceptance
CPT d0JA04/12/2019
increasing the burn rate has the negative affect of reducing the total number of assets that can be created on ravencoin
bhorn04/12/2019
it could get to the point where its prohibitively expensive to use the chain
Synicide04/12/2019
we don't want to price out that small guy wanting to run a subscription based platform though, we want as widespread usage as possible
IRSJonPizza | JON.NETWORK04/12/2019
What jf we did something like this :
The more charachers, the cheaper it gets
Let the big corps pay alot on their 3 letters
Vincent04/12/2019
overload
IRSJonPizza | JON.NETWORK04/12/2019
Then small corps can pay less with their 5+ letter assers
Tron04/12/2019
We do want usage (now). But we want the costs to reflect the real cost of chain usage so we don't mess up scaling.
theDopeMedic04/12/2019
Assuming everyone who already owns an asset (19059) issues a restricted at 5k, then that burns 95,285,000 RVN. Not just that, it may be prohibitive to the small guy.
liqdmetal04/12/2019
500 for original and 1500 for restricted (tohelp cover extra on chain burden) is my vote
DirkDiggler (RVN ded)04/12/2019
cost of the restricted asset isn't a hill i am ready to die on... i just think it should be more costly than a standard asset
Vincent04/12/2019
plus think of develping nations...their 'restricted' needs may be much different and expensive will have them lok for alternatives
Tron04/12/2019
@liqdmetal I like that range.
DirkDiggler (RVN ded)04/12/2019
1500 would be good in my book as well
Synicide04/12/2019
I hadn't picked a number in mind, but I like that range too
liqdmetal04/12/2019
so total cost for a restricted would be 500 + 1500
DirkDiggler (RVN ded)04/12/2019
2k all in? i like
Vincent04/12/2019
500/500
IRSJonPizza | JON.NETWORK04/12/2019
Sounds good to me
Tron04/12/2019
Everybody was all at 500/1500 until Vincent. WTH
Vincent04/12/2019
haha
Tron04/12/2019
Just kidding.
kott04/12/2019
ignore him 500/1500 is perfect
Vincent04/12/2019
i voted cheap first
DirkDiggler (RVN ded)04/12/2019
there is always one in the crowd :)
theDopeMedic04/12/2019
Is there are favorite horse with the @Core Developer s?
Sevvy (not worried til 500sats)04/12/2019
roger that
𝕿𝖍𝖊 𝕯𝖔𝖓 𝕳𝖆𝖗𝖎𝖘𝖙𝖔 CEO ∞04/12/2019
wait, i didn't approve anything yet :stuck_out_tongue_winking_eye:
S1LVA | GetRavencoin.org04/12/2019
I see 1500 being reasonable and scalable.
Sevvy (not worried til 500sats)04/12/2019
2k all in for the ! and the $
A reasonable compromise
Synicide04/12/2019
neither of them is bad when we keep in mind Restricted cost is the sum of both
S1LVA | GetRavencoin.org04/12/2019
@theDopeMedic seabiscuit
Sevvy (not worried til 500sats)04/12/2019
manowar
[Master] Roshii04/12/2019
Yes there is are favorite horse with the Core Devs
theDopeMedic04/12/2019
Tonto
bhorn04/12/2019
i'm more agreeable to the higher price given that you need UNIQUE! to get $UNIQUE as well.
Vincent04/12/2019
so we agree. table this decision :nerd:
[Dev-Happy] Blondfrogs04/12/2019
I think we did some good discussion today. Lets call it.
Tron04/12/2019
This was actually really productive. I like where we landed.
Cheers, everyone.
Rikki RATTOE Sr. SEC Impresantor04/12/2019
I'd be ok w 500/1500
[Dev-Happy] Blondfrogs04/12/2019
Can we close the channel
@Moderator
S1LVA | GetRavencoin.org04/12/2019
Thanks everyone.
Gintonic (sold Honda)04/12/2019
Thanks
Vincent04/12/2019
:thumbsup:
DirkDiggler (RVN ded)04/12/2019
have a good weekend
IRSJonPizza | JON.NETWORK04/12/2019
Byr
theDopeMedic04/12/2019
Thanks everyone! :beers:
S1LVA | GetRavencoin.org04/12/2019
Happy feet
Seal Clubber04/12/2019
Oh no
IRSJonPizza | JON.NETWORK04/12/2019
:bepbep:... I had to srry
neil04/12/2019
Close!
theDopeMedic04/12/2019
https://tenor.com/view/thanos-confused-gif-11877270
Sevvy (not worried til 500sats)04/12/2019
Thanks Tron
Thanks Devs!
Chill04/12/2019
I'm ok with 500/500 up to 500/1500
Seal Clubber04/12/2019
That would be 2k total right
IRSJonPizza | JON.NETWORK04/12/2019
Quik mas
Vincent04/12/2019
i dont plan on having any restricted assets but just think worldwide it will help the coin to keep it real user friendly
traysi ★★★★★04/12/2019
@[Dev-Happy] Blondfrogs Try closing the channel
Looks like that works.
[Dev-Happy] Blondfrogs04/12/2019
Yep it did :smiley:
i got permissions now :smiley:
submitted by mrderrik to Ravencoin [link] [comments]

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