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Re: SuperNET Newsletters
« Reply #1 on: April 11, 2015, 07:13:42 pm »

SuperNET Newsletter #16

Link: http://nxter.org/supernet-newsletter-16/

Welcome to the SuperNET.

As always, lots of exciting news to tell you about. InstantDEX is nearing beta launch, and James has not only been debugging but also beefing up SuperNET security and developing his Ramchain-coin idea further. SkyNET will soon be ready, filesharing has been added to the SuperNET Client, an asset dividend has been released, and more are in the pipeline.

In short: SuperNET is growing by leaps and bounds!


  • SuperNET 2.0.1b
  • InstantDEX beta
  • Jay v.1
  • - dividend released
  • MGW asset update
  • Dividends in the pipeline
  • New Supertech
  • - crypto777
  • - fiat crypto transactions
  • SuperNET projects
  • - lots
  • Coins functionality
  • SuperNET CORE coins updates

SuperNET 2.0.1b

The updated SuperNET client:

  • Added loading indicator after login.
  • Added language flag selection on login page (English, Chinese, Russian are fully implemented.
  • Added Opal Drive in Services (require Opal wallet running)
  • Fixed a bug where widget (in Projects, Services, Community, Help) did not trigger if blank panel space was clicked.
  • The 'Close' button for modal now appears in top right header bar, except for coin operation modal which follows the original style.
  • Added token check on msig deposit address.

How to share files with Opal Drive:
See how to access the latest addition, Opal Drive (alpha), through the SN client: https://vid.me/DcI8

Download (full) client

SuperNET v2.0.1-beta
sha256: 01C750B348CEC0A4F6CD145D1F44DBEBA074C8C51FD29FD388FC4E2CC6977C7E

Windows installer: SuperNET_for_Windows_Beta-2.0.1.msi - 72.7 MB
SHA256: F245F11DA69AD13BF1944871F095D358B9D3B1B5DE970045D80CC0755F15BE8A

Please clear your browser cache or press 'ctrl + f5' on login page whenever you update your client.

Download Lite Client

The updated SuperNET Lite Wallet

  • Added Hide forging indicator.
  • Allows predefined server ip to be used.
  • Changes generateToken to client side, avoid sending passphrase to server.
  • Add missing component that caused bug on 'Send' nxt and 'Cancel' AE order.

SuperNET v2.0.1-beta Lite Wallet - (no blockchain download):
sha256: F98B32914DD666F546FED12A51C5F63400CBB76BEA0CCA2376C54246A42378E7

Please clear your browser cache or press 'ctrl + f5' on login page whenever you update your client

InstantDEX beta

Testing and debugging is ongoing. 99% API is done. James pushed a version today that passed his internal tests for everything except combined orderbooks. Latest version supports hybrid trade clearing, and assuming this works, then automatch is the only major feature left still to do, along with historical stats.

eth and cryptosleuth are working on a GUI for the decentralized exchange:

Jay v.1

Jay lite client and framework has been released.

A downloadable html file handles your security, encrypts all password data locally and acts as a buffer between your computer and potentially unsafe web services. This way you can use all features safely and easily.

Jones writes:

It can do all Nxt transaction types, and after v.2 all SuperNET transactions.

Jay client v.1

The Client is based on the Jay Framework:

Jay Framework

The jay.js library provides all the basic functions required to create applications that interface with Nxt and the Jay Client. Basic Javascript is now all that you need to be a wallet developer!

Read more here: http://jnxt.org/jay/.
Documentation for developers: http://jnxt.org/docs/. Github: https://github.com/jonesnxt/

You can read more about the future of Jay Client and Framework in SuperNET Newsletter #9.

Jay Dividend released

The Jay Dividend (asset ID 8688289798928624137) has been sent.

7.5% to SuperNET investors.
7.5% to NXTventure investors.
5% to JLH.
40% to SuperHODL.
30% to developers Jones (20), btcddev (10) and longzai (10).

James writes: ‘Jay will generate revenues via deals similar to the one it made with InstantDEX, eg. a percentage share of the fees generated. 20% of InstantDEX fees will be around 1 NXT per trade (if both sides use Jay). The initial release does not support InstantDEX yet, so revenues will have to wait until then. I would assume a significant amount of the revenues will be dividended out as the Jay framework has no direct server infrastructure costs.‘

It was announced in the last SuperNET Newsletter, that the Jay dividend would be released when less than 8,161 SuperNET assets were left in BTER. However, the trigger was not met before Jay got launched, and as James wrote: ‘if Jay is actually in production, then we can make asset release, but then no complaints about dividends that would get stuck in BTER.’ !

Our advice to SuperNET/UNITY owners stays the same: Don’t trust your values with centralized exchanges but withdraw your UNITY to your Nxt account / SuperNET multiwallet.

MGW asset update

James writes: ‘MGW will get at least the 5% revshare from InstantDEX, so this makes its cashflow value at least 10% of InstantDEX. It will also be able to make some fees from deposit/withdraw/autoconversions, but until we are in the slow user growth phase, it is best to keep fees minimal to maximize the userbase.

MGW [asset ID 10524562908394749924] has some server costs to pay for, but it should trade probably ~8% of InstantDEX. As volumes go up, the 8% will approach 10% since the operating costs will become a smaller and smaller percentage.’

MyNxt releases MGW plugin

The plugin is free to install and enables users to easily tap into the power of the SuperNET MGW Distributed Exchange through the MyNxt webwallet. This will make it possible to exchange Multigateway coins, like NXT for Bitcoins, with simplicity and minimum risk.

MyNXT does not store any coins but uses the MGW service to convert them to mgwCoins as well as send them to your desired destination.

Simply go to https://wallet.mynxt.info, log in and install the plugin. You are good to go in 30 secs.

Asset dividends in the pipeline

Omnigames and SNN (SuperNET News Network) are in the pipeline, along with a few others that are not issued yet.

Read about Omnigames here:

And SNN here:

Fumanchu (SNN) writes: We are waiting until Summer to move out of soft launch, so don't expect much from SNN until then. Currently I'm pitching the platform to established publishers to link in or provide resources for the network. So the front end seems dormant but things are actually cooking behind the scenes.’

View the front end here: https://supernetnews.org
Endorse the SNN Project: http://startgarden.com/ideas/detail/supernet-news-network

New Supertech

James writes:

'crypto777 library is my new sourcebase that I started writing, I am combining ideas from TF [Nxt Transparent Forging], new tech from CfB, and just doing what makes sense to me. [It] turns out I am doing things that are similar to previously described ftp://intranet.dei.polimi.it/users/Carlo.Piccardi/VarieCda/ArticoliStudenti/i15.pdf,
https://www.cs.unm.edu/~saia/papers/RandomBeacon.pdf and others, but it is a method that I will use to solve network security, quantum computer attacks and Pangea realtime betting.

I believe I improved on BCNext’s TF, at least I have a method to practically do thousands of tx per block, with a very fast blocktime, but this is still "theoretical". Once the older projects go into maintenance mode, I will have time to experiment.

I put together a little proof of concept ramchain coin, [which] uses authenticated nonces, two stage encryption (arithmetic coder + OTP) and blocktimes fast enough for poker. This is also the same method I will [use to] enhance the security level for the SuperNET, but it's nice to have an entire coin codebase that I wrote (with plenty of advices from CfB) in ~1500 lines of C.

The crypto777 "coin" (I think I will name it CLOCK as the blocks come out like clockwork) is a framework to add a decentralized consensus onto anything, eg. Pangea chips, but I am also investigating BTCD sidechains as it makes no sense to release yet another coin when you can enhance an existing one.

CLOCK supports the concept of a ledger, which is simply a balance tied to an account and there are transactions that modify the ledger. I use 48 byte signature and 32 bytes for simple tx, but all the tx handling I would prefer to be totally abstracted away from CLOCK itself. (...) So a node would subscribe to a tx stream type X, Y and Z and only have to deal with them and if a tx type B is having a problem, it would just mess up ledger B, while all the other ledgers just keep on going. So like a blockchain OS, you can run multiple "processes" but just one consensus chain.

My breakthrough idea is to overlap the time variable consensus generation with the actual blockchain data, since the consensus is only about which nodes are to become generators (no tx data at all), there is little room for disagreement, forks, etc. and this chain builds very fast. <2 seconds in my localhost test network of 128 threads. I have a logN network topology, so add 6 hops at worst case 500 milliseconds each hop still gets us to 5 second blocktimes for the consensus chain. Now we have a consensus chain growing once per 5 seconds and that means the data chains can be any time above this and it will be like a CLOCK.

With the line count being so low, it becomes feasible to get a full code review for any and all flaws. If I can totally abstract out the blockdata semantics, then it will be a framework for any sort of data consensus, in realtime, that a subset of nodes can maintain.

Instant backed and pegged fiat crypto transactions?

Since the codebase is so small and I fully understand it, I can start to solve the more difficult issues, like a backed and pegged fiat crypto, realtime ledger consensus, hmm actually I think those are the only two unsolved things left.

I will announce more specifics after I get a test version of a more useful system working.

SuperNET related projects

SuperNET Tees

lionelpreacherbot has made a limited quantity of SuperNET T-Shirts. The price is 1400 NXT. Global shipping available, please see listing for details. Go to Store ID NXT-QW8T-M25B-7WN3-EXNMA or simply search: Tshirts, SuperNET, or Clothing in the Nxt Marketplace and click the listing with the size of your choice.


The SuperNET silver coins (asset ID 1976421459488798622) are shipping!


SuperNET Barbecue Festival

The Pre-announcement of the BBQ Festival




ATOMIC has gone into testing.

Documentation: http://atomicdac.org/?page_id=11033

‘ATOMIC is a DAC, the asset holders actually "own" the company. So lets say that ATOMIC makes a profit of $100 during the monthly period and you own 25% of atomic assets. You would get $25 of the $100 as a 25% owner of the DAC. The profit is coming from minimal exchange and ledger recording fees. I believe it was jl777 who said that we will keep the fees pretty low in the early stages to attract more users but you're still getting your cut of the profits dependent directly on how much of the DAC you own.’, writes Cryptaxe. Asset ID 11694807213441909013.


BTCD has been integrated into the exchange. You can exchange it to other crypto as well as to fiat, inlcuding withdrawals to any Visa/Master card and bank transfer. All crypto exchanges are instant.

Half-anon Cryptocards are available for purchase.
Follow these instructions: https://coinomat.com/fswc.php

Internal balances

Coinomat has enabled interest-bearing accounts at Coinomat.com. If you maintain a balance of 10 USD (/EUR) and above you are credited with a daily interest of 0.06% (currently). The interest is credited every day.

If you are a CoinoUSD holder you are eligible for interest payments, without even depositing your CoinoUSD at your account. In order to connect your NXT account with your Conomat.com account for receiving CoinoUSD interest you need to log in at Coinomat.com using token authorization in your NXT client. After that the interest is credited to your Coinomat.com account as long as you keep CoinoUSD in your NXT or Coinomat.com account. 1 CoinoUSD = 1 USD.


FMlite has moved to: https://freemarketlite.cc

blackyblack has updated the site to include ratings and feedback of sellers. This, for now, is a centralized solution and ratings are isolated from other Freemarket nodes. Full decentralized ratings is an issue the FM team is working on.



As for ETAs, early April for playmoney test release. Live release most likely in June.

SuperNET Radio Network (SNRN)

"Security Saturdays" @ 2 PM EST has been launched. It's an hour long show with a different topic every week  aimed at educating people on the subject technology. The April 11th  Subject is "BTCD & Teleport".  Lootz and Colin12 are the commentators.
SNRN has two other shows in the final stages of development and  strategies timed to become active with the the public release of SuperNet.
All shows:

The following error or errors occurred while posting this message:
The message exceeds the maximum allowed length (20000 characters).
« Last Edit: April 11, 2015, 07:16:13 pm by apenzl »


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Re: SuperNET Newsletters
« Reply #2 on: April 11, 2015, 07:14:00 pm »


Coins functionality in SuperNET

The SuperNET CORE coins have been chosen with great care for their dev teams and unique tech but not all CORE coin features will be implemented in the SuperNET wallet - only chosen features.

James explains:

'Supernet is not a coin, so any coins afraid it will take over is a bit like facebook worried the internet will take it over. The internet has website A, B, C, … the combination of all the websites, is the internet. Now a specific website F, it is part of the entire internet, but it is its own website. The presence of other websites doesnt detract from it.'

'It is not a zero sum thing at all. It is possible for a new participant to gain, while all the pre-existing participants also gain. This is due to the value of networks being proprotional to N*N. The bigger the network the more each addition boosts everyone else and the more the new participant gets, like a snowball rolling down the mountain. And supernet is not just the coins, not just the software, not just the investments, not just all the asset projects, just like the internet isnt just Facebook. What can you do with the internet? What can you do with SuperNET?'

BTC, fiat and all SuperNET CORE coins can be easily transferred in and out of the SuperNET Client, be traded with ease in the in-wallet decentralized exchange (InstantDEX, in beta), because without OPAL, you will not get access to OpalDrive, without FIBRE, you don't get the chosen FIBRE features, etc.

The features being developed by some of the CORE coins for the SuperNET GUI functionality are currently as follows:
Opal - Opal Drive p2p filesharing
BTCD - Anonymity-related functionality
Bitstar - Further development of their in-wallet localbitcoins-like p2p trading platform
VRC - Decentralized VeriBit/SuperBit
Fibre - Further development of Fibrelock alongside an optional FibreOS package for SuperNET users.

SuperNET CORE coins news


Public Beta of ZeroTrust

Pay your bills with Fibre
https://www.bitbill.eu, and also at https://www.litepaid.com/

'FibreOS 2.0 will be presented with a device that you can connect anything you want to and it will give additional options for the more advanced users - supernet wallet, core coins wallets and some additional features from itself. It will present the great supernet tech and supernet core coins tech, and enable people to use one solution for everything they need, everywhere. With all SuperNET features like InstantDEX exchange etc, Fibre wallet, SuperNET wallet, Opal wallet, Vrc wallet etc, you will just turn on what you need, and you can install more software additionally, if you need it.'


I guess you heard…

Real-time websocket connectivity

Nxt Mobile - trustless smartphone application

NRS v1.5.0e released

This is an experimental release for the Voting System and 2-phased transactions.
It enables these features on testnet, and is a required update for all testnet nodes.

The NRS client comes with a new plugin system, enabling third party developers to provide additional functionality for the client.

Earn with your website or advertise with your banner
http://Nxtad.net now lets you deposit and withdraw NXT, BTC, LTC, DOGE, BTCD and DASH

Get more NXT and SuperNET related news on http://nxter.org and https://nxtforum.org.


Colored Coins GUI released

Opal Drive alpha released
‘Opal Drive is the ultimate file sharing platform: Decentralized, easy, simple, quick. Opal Drive is a fork of Syncthing, and we're building Opal integrations that will possibly even be pulled upstream.‘, writes bassguitarman.

OpalDrive can be accessed from Opal Wallet and the SuperNET Client.

‘Opal is in the process of hiring a go developer for this project, and needs support to help afford the work to make Opal Drive the best file transfer system out there. If you want to help, you can donate via lighthouse, and you will be forever appreciated for helping Opal develop.  If you don't want to donate, we still love you.’

You can download the project file here: https://github.com/OpalCoin/OpalCoin/releases/download/fund/opal-drive.lighthouse-project


VeriCoin 1.5.2 available
NEW users pls visit http://vericoin.info
Existing users go to File > Help > "Check For Updates".

VeriCoin Roadmap Updated

Official VeriCoin YouTube Channel
Please subscribe at - https://youtube.com/user/vericoinchannel


New Bitstar wallet update, with Supernet lite wallet built in:

SuperNET related links


SuperNET news

Newsletter signup:


SuperNET Newsletters archive


SuperNET Slack
chat.supernet.org for chat and signup,
https://forum.thesupernet.org/index.php?board=46.0 have a log of the public channels.

SuperNET Forum

SuperNET CORE coins









SuperNET related projects

BITS (SuperNET CORE component!)

SkyNET (FinHive)











Prediction Markets


Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org


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Re: SuperNET Newsletters
« Reply #3 on: April 25, 2015, 09:23:54 pm »

SuperNET is proud to present the latest addition to its CORE: Syscoin

ANN here: http://nxter.org/syscoin-joins-the-supernet-core/

Learn more about Syscoin and the SuperNET partnership when SuperNET Radio interviews the Syscoin developers, today @ 5 PM EST time: http://supernetradio.com


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Re: SuperNET Newsletters
« Reply #4 on: May 23, 2015, 11:50:22 pm »

Link: http://nxter.org/supernet-newsletter-17/ ... Sign up for email newsletter @ http://eepurl.com/2D4wb
NOTE: I didn't have time to upload fancy pics of everything to the forums this time. You'll get the full picture @ ^

Welcome to the SuperNET.

James has been in deep coding mode, resulting in a total reconstruction of the SuperNET CORE, improvement of the distributed Multigateway (MGW), and some new SuperNET tech. Meanwhile, the rest of the decentralised dev teams/coins and services in SuperNET has been busy as well. This newsletter will give you an update on James’ work, the CORE coins and services. As you can see, SuperNET progress hasn’t slowed down at all! Dive in :) SuperNET Slack can be joined by sending a request to: info@supernet.org.


  • Syscoin joins SuperNET
  • SuperNET Clients
  • - Litewallet
  • - Litewallet review
  • - Full client release
  • - SN enhanced NRS release
  • - SuperNET Android Client release
  • CORE code update
  • - Agents
  • - Lchains
  • - MGW
  • - InstantDEX
  • - crypto777
  • SuperNET Projects
  • - SuperNET Blog
  • - JayEX
  • -- NxtVault
  • - NeoDICE released
  • -- NeoDICE Jay Client
  • -- Fast withdrawals on AE
  • - Pangea
  • - Freemarket
  • - Coinimal
  • - Coinomat
  • - SkyNET is live
  • - SNRN
  • -- SNRN asset
  • - JLH (jl777HODL)
  • SuperNET CORE coins
  • - BTCD
  • - BitStar
  • - VeriCoin
  • - Nxt
  • - SysCoin
  • - OPAL
  • - Fibre
  • - VPNcoin

SYSCOIN joins SuperNET

The 2nd gen PoW-coin Syscoin has been added to the SuperNET CORE.
More details can be found in this article: http://nxter.org/syscoin-joins-the-supernet-core/

‘Syscoin devs are working on exposing its features via user friendly interfaces. ‘The big release for that is 1.6 (http://syscoin.org/roadmap) which introduces a new wallet that brings everything front and center. Certificates, data-store/aliases are [already] on the blockchain and working, however they don't have a UI in the wallet yet so it is all command-based (for now). When we roll out our V2 wallet which will be much easier to build upon than QT, we will begin rolling out each feature in the wallet through continued development', writes Sebastien.

Syscoin brings a talented and established team of developers to the SuperNET table. One of the interesting features will be their decentralised market - the Blockmarket. Its Beta GitHub repository is public, and you can set up your own Blockmarket on their testnet: https://github.com/syscoin/blockmarket.

SuperNET Clients

The latest litewallet (SuperNET v2.0.5-beta) release:

Review by MrCluster87:

Latest full version of the SuperNET, v2.0.2-beta:

Latest SuperNET enhanced NRS client (full):

SuperNET Android Client
Wallet for BTC, VRC, Fibre, Opal, Bitstar, etc. Created by Opal, bassguitarman.

CORE code update

James writes:

‘If you are following my github, you will see the progress everyday. I am getting more and more functionality with less and less code, this is what happens toward the end. I also had to take some time out to solve the blockchain bloat problem. Lchain (the evolution of Ramchains). Testing is going well. Then realtime MGW via decentralized load balancer. All is in the new "plugin" system, which is more like cooperative agents. The new agents' system will let people easily become a publisher. It is quite a general solution, beyond pure crypto.’

‘I originally estimated about 6 months to complete my tech, but the extra time needed to accommodate feedback from what has become a much bigger community has made this longer.

However I doubt it will be double, as there are many who are now helping me directly. Anyway, this is pretty tricky code and I don’t want to do a bitshares and push something out before it should be.

I am well aware of the ticking clock and I am focused on getting InstantDEX out, but need MGW stable and fast first. My recent release of the fault tolerant comms relays should solve all the network connectivity and reliability issues. The modular agents' system solves the exponential increase in complexity of the overall project. These are things I didn’t foresee and reliable decentralized networking is not as easy as it sounds.

Also the bitcoin protocol is, ...., there are just no words. I just want to find the unspent balance for multisig address but to do that I have to basically reimplement most of the bitcoin code.

I pushed ramchains that allows rewiding to any block and it will recreate the exact blockchain state as of that block. I don’t know of anything else that lets you set a block number in the past and then calculate the rich list (and all available unspents). Not really a must have use case, but this ability just came for free as a result of my now having totally mastered the bitcoin blockchain.

Now I will take a little break and can push the MGW to the finish line. ‘

SuperNET Agents

SuperNET is now a BTCD plugin, or an “agent”.

James writes: ‘I run the host code inside BTCD, and SuperNET plugs into it. Then other software agents can plug into SuperNET. Each agent can broadcast locally, or globally.

The core set of agents

I split out all the major [SuperNET] components. There is a relays' agent, a peers' agent that deals with the broadcasting to all the peers, a coins' agent that can talk to any gen1 coin, a database agent that does some pretty intense multilevel caching and data packing, the MGW agent, the ramchain agent, a subscriptions agent that manages subscriptions (still very early for this one). Teleport will be a comms agent, I think a chat agent [for InstantDEX] is a matter of a day's work. I have 12 working agents now. ‘

Anybody will be able to make a SuperNET agent

‘With 100 lines of code, you can make a new agent, publish its availability to the relays, and start selling subscriptions or whatever. I have it so each agent has three sets of methods: public, normal, authenticated - so you can have methods that can be accessed by anyone, or just on local machine, or needing authentication.

The following [languages] are supported currently: C, C++, Clojure, D, Dylan, Erlang, Fortran, Go, Haskell, Haxe, Java, JavaScript (Node.js), Lua, .NET, Ocaml, Perl, PHP, PicoLisp, Python, R, Ruby, Rust. I think that is enough for allowing most anybody to make SuperNET agents. The task for an agent is to create a set of API that it implements, and it is able to use any SuperNET API that is existing already. It is a freeform JSON transport layer, so any sort of protocol can be built on top of this. By converting JSON inputs into JSON outputs, your agent will be completely connected to all the other agents. plugins.h and the plugins directory from https://github.com/jl777/btcd/tree/master/libjl777/plugins has a relatively organized set of functions.

What’s in it for the end-user?

It will be possible to make a drag and drop GUI where you can connect up the different modules and end up with a fully customized working crypto solution. Want anon? Add an anon agent. Want a blockchain? Add the blockchain agent. Want to support assets, add the asset agent. Want atomic cross chain trades? Add that agent.

What this also means is that we get dynamically loadable command sets for non-built in agents, you can automatically make a websockets interface that has a text debug HTML page too.


Lchain is new tech, implemented as several agents.

Lchains are the evolved form of ramchains in which ramchains are used to create another layer of data, i.e. the ledger. Read an introduction to Ramchains here: http://nxter.org/ramchains-ultra-fast-blockchain-operations-supernet-instantdex/

James writes: ‘Ramchains went a bit too far for max performance, so I made some tradeoffs to reduce resource usage, and added a lot more useful data to Lchain. Having a super high performance DB system has allowed me to accept making some DB calls for less frequent things. I added a ram cache on top of the fastest key/value store DB system, but it is more than just a cache as I have arranged the data to map to consecutive indices, so I can have a packed array that is synchronized to the HDD via DB calls at regular intervals.’

'Lchains solves the problem of blockchain bloat. The BTC blockchain is growing exponentially, so soon people won't be able to run it locally, but with Lchain, it will only grow linearly, so people's HDD will keep pace. It is like a train in the movies, the one that is speeding toward the edge of the cliff but there is no bridge. Lchain is the bridge that will allow for continued use of bitcoin on people's computers. The ledger file for BTCD at 220K blocks is 1MB - of course you still need some support files, but actually you can get the info for the support files from the relays. Still need to have archival nodes to keep a copy of the full blockchain, to be used for verification of the Lchain.'


'The legacy MGW is running code that is 1 year old!
That is very old code and there really only has been one bug.

The problem with MGW uptime has been that all three [servers] had to be in 100% sync at all times. Now this is no longer the case, yet we still get the same redundancy, actually more.

Lchain addresses the problem of slow startup and peer validation.

The Lchain is a data provider to the MGW servers. The MGW function only needs access to the Lchain servers + up to date blockchain locally, then it queries the Lchain, verifies locally and signs, gets consensus, submits. So you can have 10 computers with Lchain to make sure 3+ are available 100% of the time. Now an Lchain server can go offline, but MGW is still running. If all the Lchains are in agreement, that is good enough for MGW to verify locally, so there are actually additional safety checks with this separation of function.

Another problem was connectivity. The MGW servers lose connection with each other once every few days and need to be kick started, and then the startup time makes it go offline for a bit. The startup time is MUCH improved, but for MGW it won’t even matter as it is the Lchain that takes time to startup. MGW startup will be pretty instant. Faster and more reliable, so this removes the need for restarting due to comms problems (assuming it is indeed more reliable) and downtime due to restarting the ramchain. Now I just have to port the existing code to use the Lchain, but most of the code isn't needed anymore since Lchain does most everything that is needed.’

Coin confirmation time: + 10 seconds.

In other news, James also writes: ‘I got a test release out for BTC realtime MGW. ‘ It's happening.


There have been questions about when InstantDEX will finally be out of testing and available in beta, and for general use. Cryptosleuth writes: ‘there are only some small things to fix in the GUI but it is functional. Been focused on API testing, and then will need feedback on what people want changed in GUI.’

Eth writes that the website will be up shortly, but that there are too many variables in play to give an accurate answer about a launch for SuperNET’s distributed real-time trading engine, itself: ' "Tuesday" is the best you will get for now, but API is looking great. Also, I have been lucky enough to fiddle with the SkyNET API, I can just say that I am impressed.’ SkyNET will have an important role in InstantDEX.

James gives a few more insights into how InstantDEX will work in this bitcointalk post.
A short introduction to tradebots can be found here: http://bitcoindark.pw/tradebots-101/

Essentially, InstantDEX’s ‘punch-through’ trading will mean that it is possible to conduct a trade that spans several exchanges. InstantDEX knows about MGW coin assets being 1:1 to native crypto, and it uses this to calculate virtual prices across all exchanges. Once the communication with InstantDEX is set up, other exchanges’ liquidity are added to the InstantDEX orderbook. Perhaps you want to buy OPAL in return for NXT. Poloniex has the best OPAL <> BTC rate, and InstantDEX has the best NXT <> BTC rate. Putting the two together in the background enables users of InstantDEX to gain the best spreads across exchanges.


Updates will be posted in SuperNET Slack channel #crypto777
The crypto777 protocol is described in http://nxter.org/supernet-newsletter-16/

The purpose of crypto777 is to fully decentralize realtime backed and pegged crypto.

James writes: ‘It will have a built-in way to generate fees, via blockchain. I am working with Consensus Research who will be doing the whitepaper and modeling. These fees will be assetized and I will be issuing an asset within a few weeks. Preference will be given to purchases made via BTCD but I need to finish InstantDEX first as I will use it to create the orderbooks for the sales directly in BTCD.

‘Now the actual backed and pegged cryptos are "hard" assets, so I can’t give out dividends in those. The asset is based on the sum of all the fees from all the backed and pegged assets that will be created. There will be a price ladder so early birds get a discount, but as the whitepaper is released and the tech matures, the price will be raised at the milestones.

‘I am thinking of allocating 5% of crypto777 revenues to BTCD stakers.’

"Regaining control of our money” > Is #crypto777 the missing link?



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Re: SuperNET Newsletters
« Reply #5 on: May 23, 2015, 11:50:59 pm »

SuperNET projects

SuperNET Blog

eth writes: ‘We have started an official blog for SuperNET, you guys can read it in:
http://supernet.org/blog. The main objective is to create a communication point where information will flow in a friendly, mostly continuous way to keep all the users, community members, investors and everyone else interested about SuperNET up to date regarding advancements in development. The blog will be limited to allow posts from the core team only, but of course if you or whoever else feel that it could be reworded to improve comprehension or in any other aspect, everyone is really welcome to do so and distribute it.

We are aware that we have not been very communicative lately regarding the progress of the different services we are developing, and that is a big mistake, since we feel some people are losing a bit of faith, mostly caused by this lack of communication. Entirely our fault, so we are here to fix it.’


The Jay Client and Framework was released about a month ago.
Further details (and videos) can be found in SuperNET Newsletter #16.

Until recently there has only been Jay Wallet ( http://jnxt.org/wallet) to use to test Jay, and Jay can do so much more than this. Jones has now released the AE side of JayEX, allowing for ‘Nxt AE trading with the security of the localhost NRS client, the inspiration of SecureAE, and the chart ideas and layout idea from Poloniex. I'd call it officially beta now', Jones writes.

JayEX can be found here: http://jnxt.org/jayex/

‘My hope is that Jay Version 2 will be released around the time that Nxt 1.5 hard fork occurs, but there is much to do’. Jay v2 will support currently released SuperNET features. http://jnxt.org/nxt just has the original for now, I'll need to check what tx types are needed for the supernet agents, jay integrated NRS with SN agents. Could work pretty easily.’


Download: https://play.google.com/store/apps/details?id=jay.nxtvault

If you own an Android phone you might be interested in topping up security and ease of use with NxtVault, a Nxt passphrase app, developed by mr_e, on top of the Jay Framework.

NxtVault integrates securely with Jay NRS (with alias login and QR tx signing) and JayEX lite AE.


NeoDICE has finally been released on Nxt mainnet. You can try it out in a standard NRS client. ‘It's still in beta, hence the bankroll is set low, to 20K NXT.’, writes *hash*.

The detailed instructions are here: http://neodice.com/

doppelganger follows up: ‘We had to change core architecture of the project, for example switch from NoSQL to relational database. We believe major bugs are sorted out, so we decided to initiate testing on the main chain. Next development target after core system is a SuperNET agent, to simplify game experience. We have there mostly UI minor bugs [which needs to be fixed], no majors, no blockers.’

Note that a transaction fee of 1 NXT goes to the network on every bet or chip swap.

As this is a BETA release, please leave your feedback and follow the development here:

NeoDICE Jay Client

Jones writes: 'I am going to marathon a neodice-jay web client, then move on to Jay v.2 work after that. Because jay has the advantage of being online, I can add some more features, like a chat box and backend processing.'

Fast withdrawals on AE

Also James chips in: 'I think during the testing period the withdraw times are intentionally set to be very long (720 blocks). But we can just put a buywall for fast cashout, so that people who want to convert to NXT right away can just do it from AE.

I've put up a buywall on AE so to redeem, just sell into the buywall.'


‘The software developer is working according to schedule to finish the playmoney version by the end of May’, writes 5000Bitcoins. It is estimated that the real version will be live and integrated with SN 1-2 months after that.


New features:

Live NXT to USD/EUR conversion calculator
Instant viewing of NXT price equivalents in USD and Euros
Price equivalents' update along with shipping options and quantity changes
Send NXT to another account directly from within FreeMarket
Buy/Sell NXT for BTC, BTCD, or LTC from within FreeMarket using ShapeShift
Menu bar notification of your pending sales if you are logged in
List multiple quantities for the same item, for the same low listing fee
You now have two durations to choose from: 2 week or 4 week duration
Image enlargement: Click on any image to zoom in. Animated GIFs are supported
No permanent storage of your NXT wallet passphrase at any point.
FreeMarket now remembers your language settings between sessions.
Bug fixes for Relisting feature.
New localizations: Russian and Croatian
The new version of FreeMarket is available here: http://nxtfreemarket.com.

Nxt Freemarket plugin coming

Knuckles will be updating us on the latest advances in the FreeMarket NXT plugin this Saturday on SuperNET Radio.


Interview with Twinwinnerd:


‘We will be carrying out deeper integration of First Swiss card in Coinomat. The whole process will be at Coinomat, including card ordering, and card loading will be instant. We are integrating the bank API now, the bank had doubts over this, but now all is settled.

This week it should be complete. No public info for a couple of days longer, we're rebranding it so it is completely white label. After that we will start promoting the card and pay cryptocard dividends. Sorry for the delays but it's not really our fault indeed.’

‘Guys, if you're in Europe I'd like to remind you that we offer very cheap crypto buying and selling options by SEPA. It's protected against volatility. USD is credited first and then you buy coins. Coins are sold at 0% to current open market rates.’, writes Coinomat.


Nexern writes, ‘You can query data and indicators now.
The API is growing hourly atm and the first 100 indicator specs are ready tonight.

The current silence means I am coding heavily. Here is a quick overview on what I am working [on] atm: http://finhive.com/download/web_quicklist_indi.txt

The now designed API is input data agnostic, [which] means it acts also as a very extensive financial math/analytics gateways where users can query the whole API functions with their own time series (via json POST). This adds an additional revenue stream for users who prefer to analyse their own data.

Another good thing is that I have also finished the missing math bindings and intend to look into a R binding next weekend. This would add additional, valuable finance logic like risk management, portfolio handling, quants and many other very usable stuff to the framework but this is optional and not a must have at current stage, completing the actual API modules is paramount now.

You can see an indicators API spec (ind_sma) proto here:
http://api.finhive.com/v1.0/run.cgi?section=crypto&run=api, it includes also naming, descriptions, signaling interpretation and more, shared by the TA encyclopedia ( "sec_knowledge": [] ) later.

Moreover, ‘last regression tests on the custom TA lib [are] successfully done. All +300 indicators returning correct and cross-checked result sets. The lib (optimized, plain C) is pretty fast and lean (185kb, nix shared with ~8k loc.) and presents an important skynet asset (simply because it is the most actual and complete TA lib on the market from my pov) besides the data collected so far. The server side LuaJIT lib binding (serving the JSON API) is also working as expected and reaches ~80% of native C speed. This speed was/is crucial and not pedantic because the API supports pre-calculated, and more important, dynamic (on request) data creation. Well, nuff said about the tech for a while’.


SuperNET Radio icon Kevondo has left the building. Lootz writes, ‘New talent is being recruited and interviewed regularly for a new host for chillax hour. Once we hit a larger audience I have many giveaways such an SuperNET Pure silver coins to give away, so stay tuned.’

SNRN is looking for a short article writer to write reviews on the shows. Compensation paid on a per article basis. If you operate a site and would like a banner put on supernetradio.com, contact lootz. SuperNET Radio is now broadcasting its stream through all of icecast and shoutcast communities. This means that all shows are now broadcasted to a lot more people.

‘We plan on having A LOT more content coming up, so the music will not be so prominent, but at the moment - here's what's goin' on. All day we have a mixed bag. Pop, rock, old, new. Hard (no screaming), Soft. It's a decent work mix. And right now as we're in our “transitional” period, replays of past talk shows will play around 1 PST/4 EST Mon-Fri. Every Night at 8 PST/11 EST, electronic music starts for sweet dreams. Then, Wednesdays and Fridays are Hip-Hop nights starting at 5 PST/8 EST. And finally, Sunday is a slow day, we have Trip-Hop/Downtempo starting at 9AM until Classical starts at 5PM. Also, on the weekends we have Super Security Saturday, and Coin of the Week on Sunday as well.’

‘SuperNET Radio is now open to all Core Coins and Supernet related assets. If you want to showcase, explain your tech, basically any word you want to get out it, is now open and FREE. Let’s get people to understand SuperNET and all its parts on voice packets. Contact me with details and we will make it happen. I want this to be truly SuperNET's Radio Station, and believe this will be a good direction for our community. DM lootz.’

SNRN asset

SNRN (asset ID 3501237268087927815) will be released monthly in small portions. ‘Revenue from ads/sponsors will go to holders as dividends. Also any 1 company, technology, venture, who holds 20% will have free advertising on the station 24/7 played 12 times a day and in our shows that get many replays by multiple communities, as I keep inserting SuperNET Radio into different communities. We have 27 websites broadcasting atm, and will continue to grow’, writes lootz. So if you like what SNRN does, instead of a donation, just get some SNRN, maybe one day SNRN can say thank you with dividends.

JLH (jl777HODL)

The heavy discount at which JLH  (asset ID 6932037131189568014) is trading on its NAV will shrink in due course.

As announced by James about a month ago: ‘Please don’t be surprised or complain. My goal is to lower spreads across the board, target of 1% to 2%, but it needs to be done gradually unless market conditions change. So it is a multidimensional mapping issue where all the related assets are linked via adaptive bots. The natural consequence of this will be price moving in harmonic oscillations similar to the forex currencies. I make simple arbitrages, constrained by liquidity of the other assets, but as spreads narrow across the board, liquidity will increase, allowing more arbitrages. Iterate...’

Bots will not be deployed yet, but James has now put up some small buy walls at ~10% below NAV.

James writes: ‘JLH really should be trading at some sort of premium, but the liquidity problems has made something that nearly quadrupled in NAV in less than a year and tripled in price, to somehow be a significant discount to NAV asset. In the real world, anything that is quadrupling in a year will most likely not be at any discount!

Now there is no gauging how much more stuff I will add into JLH over the next months and years, so let us set the value of that at zero. Still even with this santa claus valuation, the NAV really should be the floor, so I will make that happen with buywalls.

Over the weeks, I will gradually raise this [~10% below NAV) closer and closer to NAV. If it ever starts trading at a premium to NAV, the reverse process will be used to get it back to NAV. What this means is that JLH will end up trading around the NAV on a long term basis.

I realized it is easy to get the funds required to put up buywalls, just by selling small bits, if funds are needed. With almost half a million NXT in the acct now, it won’t be necessary to make any sales. This method is a much better use of funds than dividends or lotteries. When I get a chance I will automate it, until then it will be an occasional thing, whenever I get a chance.’



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Re: SuperNET Newsletters
« Reply #6 on: May 23, 2015, 11:51:12 pm »

SuperNET CORE coins


BitcoinDark Bulletins

HTML-local-host Wallet

BitcoinDark development has been ongoing behind the scenes and we are now approaching a time when that development will begin to bear fruit. One of the new developments includes a new HTML-local-host Wallet GUI to replace the old QT version.

The plan is to first release a basic port, in terms of features, of the original QT wallet and then add additional features/enhancements in subsequent versions. The front-end is almost finished and work on the back-end of the wallet will begin soon.
Read more: https://bitcointalk.org/index.php?topic=684090.msg11303615#msg11303615

New Developer on Board

I'd like to announce that with the donation funds the community has raised so far we have been able to hire Onsightit, VRC's GUI and Cross-Platform Developer, to help primarily with the back-end of the new BTCD HTML-localhost Wallet GUI. Getting talented developers on board is important to meeting our goals so please keep those donations coming!

Support BitcoinDark development

Send your donations to the following Official BTCD Donation Address:
or you can donate BTC using the Official Multisig Donation Address:


The MMBTCD asset is live. Nxt AE asset ID: 8122396658538927693

The aim of this asset is to increase liquidity for BTCD and place gentle upward pressure on it. Coinomat has done great work with the MMNXT asset. BTCD has much lower volumes and thinner order books, so we're taking a mutual fund as well as market-maker approach. Hopefully using revenues from other assets will inject some liquidity and give us something to work with. Coinomat has very generously donated 100,000 coinomat assets to MMBTCD.

MMBTCD will pay out in mgwBTCD / superBTCD. More info:

Send mgwBTCD > receive SuperBTCD

Due to migration to new SuperNET servers, the Asset ID for the active mgwBTCD asset has changed. You can send your old mgwBTCD assets (ID 11060861818140490423) to the special redeem account NXT-6YQW-HHCG-NATW-DCHJ3. Soon you will receive the same amount of the new superBTCD (asset ID 6918149200730574743).


Please upgrade to the latest wallet ASAP:

A bug that caused the block chain to get "stuck" and create synchronization problems was discovered in the original open source code base that was used to create Bitstar Coin. It has now been fixed.

New website is live: http://bitstarcoin.com/

New blockchain explorer: http://blockexperts.com/bits

Bitstar has now moved from 35% a year stake reward to 25%, writes BitstarDev.


VeryVeriViral writes, ‘VeriCoin's new "Proof-of-Stake Time" protocol testing is now done. Proof-of-Stake-Time Wallet 1.6 released! You can now download the new 1.6 wallet by going to help "Check for update" or downloading at the website: http://www.vericoin.info/
-PoST will become active after block 608,000. Biggest PoS change since Nxt.’

Final version of PoST on github: https://github.com/vericoin/vericoin

You can read the whitepaper here: http://www.vericoin.info/downloads/VeriCoinPoSTWhitePaper10May2015.pdf

‘Well we're just trying to make some great tech. The funny thing is... PoST is just the foundation. I mean it's legit and all... but we have other things coming too. We've realized the importance of the Anon crowd. We're going to deliver something that is pretty cool in that regard. (It would replace our currently "centralized" VeriSend feature.)’

Here’s the latest updated VRC roadmap: https://www.vericoinforums.com/roadmap/



25.000 NXT as bounties for NRS 1.5 testing

Latest testnet NRS: https://nxtforum.org/nrs-releases/nrs-v1-5-8e/

Learn more about the upcoming Nxt CORE features:
https://nxtforum.org/nrs-releases/ or have them explained by Damelon:



Latest blog update

Meeting notes from the latest syscoin team call

An in-depth look at the Syscoin's Decentralized Marketplace

danosphere writes, ‘We're working on exposing features via user friendly interfaces. The big release for that is 1.6 (http://syscoin.org/roadmap) which introduces a whole new wallet that brings everything front and center.


New block explorer:

Opal’s Twitter tipbot: http://opalcoin.coinlabs.org/twitter/

bassguitarman created this SuperNET Android wallet:

Also, bassguitarman writes: ‘I just closed a deal to bring in $1,000 to fund opal development, the funds are for developing opal drive.’ ‘I've been working on opal drive ui...’


FIBRE silver

The Limited Edition Fibre Silver Coins Presale has now started. Only 150 will be available.

FibreLock 2.0

FibreLock 2.0 will soon be submitted for peer review! Once all the devs taking part have provided their feedback and the changes have been made, we will release the open source code for FibreLock 2.0. After the code has been open source for a while and audited by the community, we will release Fibre and Bitcoin wallets including the new and improved FibreLock. The source code will be available so any coin will be able to implement FibreLock.

ZeroTrust + FibreOS

ozboom writes, ‘ZeroTrust (ZT) is being audited for release (decentralized and trustless transaction mixer, never been done before), FibreOS is coming with its own device (Ubuntu derived, super hardened Linux distro for safely keeping your wallet on a USB stick) and holds incredible promise imho’. Sigwo will be the official US distributor of the FibreOS Device. All SuperNET Core coins will be available on this device, Blitz wallet will also be included.

Trustless HD Wallet FibrePay for Google Chrome

Fibre vs Blitz

Killakem, Fibrecoin founder, has taken the lead on Blitz (formerly known as Ocupy).
Blitz and Fibre are separate projects.

mxxxxx writes: ‘Thanks to involvement of Killakem bigger Fibre investors are enabled to receive revenues from Bitalize ventures. Fibre will have FibreNodes, Blitz will have BlitzNodes but they will share the same pool of revenues. 40% of all revenues generated by platform and services running on it will be shared amongst NodeHolders - they get 60% of it (and receive additionally fees from transactions), smaller holders of 15k of Blitz will get 40% and no fees from transactions.’

The holding requirement for running a FibreNode in the BDN Network will be 15k Fibre. This will ensure that the number of FibreNodes in the BDN does not saturate the revenue share. This model is setup for the investor, as we do not profit unless we deliver and make this a successful project’, writes Killakem. ‘We have many ideas and concepts flying around but we have implemented the same release system that Fibre uses: "Don't mention any tech until we are 100% sure we can deliver". It has worked really well for Fibre! Hence we have received no FUD and you would struggle to find someone with a negative view of us.'

Read more about Blitz and BDN on


VPN has been listed on Yuanbaohui exchanges: http://en.ybex.co/trade/vpn2cny


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Re: SuperNET Newsletters
« Reply #7 on: June 18, 2015, 10:52:42 pm »

Welcome to the SuperNET.

This week we’ve got the usual roundup of news and developments. The tech is coming together, as James writes: ‘It is getting very close. The core, GUI and windows are really three totally independent projects, but they all need to come together to get a windows release. This is happening.’

James own role could be coming to an end as the core functionality nears completion. ‘I prefer to just make a decentralized self-organizing topology network that allows individuals to remain private and offer services without worrying about all the details cuz it just works.’


Wallet updates
Dev assets
MGW agent
InstantDEX agent
PrivateBET agents
Discount on CORE assets
SuperNET Services Updates
- Jay
- Cryptocard
- SkyNET
- Pangea Poker
- Freemarket
CORE Coins Updates
SN Related
- Altnuts Mining Pool

Wallet Updates

SuperNET Litewallet v2.0.5-beta

Litewallet users: update to the new version at https://forum.thesupernet.org/index.php?topic=545.0. The Litewallet offers the most user friendly SuperNET experience and includes the MGW multiwallet.

SuperNET NRS plugin

You can use SuperNET as a plugin to the Nxt NRS (the standard Nxt client, rather than the dedicated SuperNET release): https://nxtforum.org/lite-multigateway-releases/supernet-nrs-plugin-v1-0/. Extract and save the plugin component to your NRS client, and simply use SuperNET as a Nxt plugin.

SuperNET NRS 1.5.12 update

After the 1.5 hardfork, there have been a couple of updates. To gain all of Nxt’s and SuperNET’s functionality, you’ll need to download the latest SuperNET client: https://nxtforum.org/lite-multigateway-releases/supernet-v1-5-12-1/


Agents is James’ dev-friendly plugins system. It offers an easy way of creating new features. James writes, ‘I released Lchains MGW, so far not so many bugs at all, and I got the InstantDEX ported into new structure in 2 days. That includes making cgi, which I never did before. Need to debug it, won’t take long. Then we can get a GUI + core to test on unix. When Windows has SuperNET, then we can make a one click installer. My work is almost done.

‘With agents, especially supporting many languages, I just need to be advising other coders, instead of having to do it all myself. It is like completing the operating system, but there are not so many applications yet. That is why I am making reference applications like MGW, InstantDEX, etc.

‘echodemo is 50 lines of code, but it has all that is needed to make an agent. If you can parse and process JSON, that is all an agent needs to do. It is a JSON processor: JSON input -> JSON output. The agent system automagically gets the inputs from the entire SuperNET and returns the output to where it needs to go. All the networking is abstracted out of it.’

If you want to join development, join SuperNET Slack channel #agents.

Dev assets

SuperNET will be issuing SuperNET Dev assets / “carreer assets”.

The dev will own 90% of this, SuperNET 5% and 5% is dividended out.

100% of a devs earnings from SuperNET is pushed through this asset, so investors can for the first time directly invest in the future earnings of a specific dev. Also, each dev will have a high priced sell wall, so people that want to donate can just pay the above market price.

More info:

James writes, ‘Last year I had this idea for artists/athletes, but they are entangled in real world contracts and agents, and therefore problematic, also making sure that they honor the dividend commitment is even more problematic and would require real world contracts.

But the basic idea is sound, ie allow a talented professional to capitalize their future revenues. This allows such a talent to avoid the "starving student" years by selling off part of their future earnings. It also allows investors for the first time (!) to invest in a specific dev, instead of the projects a dev is involved in. Granted, these assets can only assure investors that revenues from SuperNET are paid out, but since it is based on trust in a specific dev, the asset is directly related to the trustworthiness of the dev and his/her future potential’.

Dividend sent

BTCDdev and longzai assets have been sent to SN holders as SuperNET Slack reached 777 users.

MGW agent

James now uses Lchains to make deposits to MGW. Integrating Lchains makes it significantly faster: ‘Tx 14981284329551545928 is the first automated Lchain MGW deposit. I still need to get the stats reporting fully debugged, but withdraw is the next (and last) thing needed to be done for MGW to be ready for larger scale testing. Latest really really fast ramchain has regenerated 300K BTC blocks in 10 hours. Since it used to take more than 10 days, this is quite a speed boost and also enables debugging at a much faster cycle.

‘I added the ledgerchain code to the (literally) 7th iteration of the ramchain generation. It still will take some minutes to restart from scratch, but if that becomes an issue I already figured out an instant start solution.

‘I had to get the BTC MGW not only working, but fast to run and fast to start and fast to regenerate. These actually are three completely different problems and each one not so easy, but the latest solution is getting close to the "speed of light" type of barrier where I can’t see how to make it go much faster. Maybe someone smarter than me will find ways to make it go even faster… oh, it uses a lot less RAM too. When the code is really optimized, both the algorithm, resource usage and code, then it starts becoming harder and harder to improve it.’

Lchains are the evolved form of ramchains in which ramchains are used to create another layer of data, i.e. the ledger. Learn more about Ramchains here: http://nxter.org/?p=7826

Test it

BTCD Lchains MGW is ready for testing. The same code for BTCD MGW is used for BTC MGW. Instructions:

Install BitcoinDarkd:

git clone https://github.com/jl777/btcd; cd btcd/libjl777; make dependencies;
make onetime; make btcd; echo "{\"secret\":\"randvals\",\"userdir\":\"$HOME\"}" > SuperNET.conf; ./BitcoinDarkd
then get a deposit address: ./BitcoinDarkd SuperNET '{"plugin":"MGW","method":"msigaddr","coin":"BTCD","userNXT":"NXT-KAK4-SDL7-DHGT-9W37B","broadcastflag":1}'

The JSON cannot have any syntax errors and it needs to be a valid btcd address. The message cannot be encrypted.

./BitcoinDarkd SuperNET '{"plugin":"relay","destplugin":"MGW","method":"msigaddr","coin":"BTCD","userNXT":"NXT-KAK4-SDL7-DHGT-9W37B","broadcastflag":1}'

The above is the proper syntax to query the MGW servers via the relays.

Small fees to cover server costs

‘MGW [Nxt asset ID 10524562908394749924] has a valuation that is 10% of InstantDEX, actually a bit less due to server costs. I added a bit of withdraw fee (0.05%) and nobody complained, so maybe it can cover server costs from there’.

InstantDEX agent

InstantDEX (Nxt asset ID is looking great:

James writes, ‘I predict I will reach code complete (meaning only bug fixes left to do) for my portion of InstantDEX on / - what day is today? - / - [tuesday] - / - cool. I think I am at code complete’.

‘The first version will be limited to a few thousand nodes. There are other components too; still a wider scale beta test is hopefully possible soon as the MGW servers are being configured, windows actually got past init and recv packets and the GUI is looking good. Quite a few parts to put all together and we will need as many testers as possible’.

It is still unix only, if you’re interested, join SuperNET Slack channel #testing-instantdex

‘The advantage to testing early is that you will be able to take advantage of the arbitrages that InstantDEX will find automatically for you. I still have improvements in the core I want to do, but I think I can do this as the rest is being finished. I don’t like the long time it takes to regenerate orderbooks, but from the Lchains work I have a way to realtime update NXT tx so it takes no time.

Once I use that for the NXT AE orderflow, then it should be able to create orderbooks in less than 1 second. That and making a dynamic topology for efficient native InstantDEX orderbook propagation. I hope to get both things working this weekend, just might be a long weekend, but when it is done, then we will be able to handle thousands of active InstantDEX traders.’

Cryptosleuth, working on the GUI, writes, ‘I am trying to make it so mostly everything can be customized. The charts on the right you can switch between candlestick/line/areaspline atm, and I am thinking of some other things you can put in there, like combining two to make a mini orderbook/place order window to trade multiple markets easy. I haven’t spent much time on extra things that aren’t needed at GUI’s core.’

You can get a feeling for the iDEX experience in this video: https://vid.me/LVza

PrivateBET agents

Btcddev will be writing a set of C-based agents. The decentralized relays will act as a clearinghouse of all available bets, results, etc. By using the agents method, the problem is divided into several pieces, each becoming a single purpose agent.

Data feed

‘We have the data feed agents, which are there to get (for example) the sports results published to SuperNET - they don’t have to deal with exactly who needs to get it, etc, as SuperNET handles all that. Just get the data and publish.’


‘Now, SuperNET has this data about the sports events and any client with the Privatebet client agent will be able to browse and subscribe, but most importantly the end user will be able to post privatebets, and all the other privatebet clients will be able to find all the available privatebets. Then, similar to InstantDEX direct peer-to-peer process, they will verify terms, lock funds, and then when the event is completed release payment to the winner.’

Cashier Agent

‘There will be a generic cashier agent available to all the other SuperNET agents, so the process of payments is abstracted. At first it will need to be for the same currency in matched amounts, but later I will allow matching X amount of this currency for Y amount of that currency. Of course if the market moves, the value changes, but this is part of the fun.

‘The handling of monies can of course be monetized using the golden rule. Just a percentage of bets to be kept, and the privatebet itself is not needing a bankroll.

‘When the privacy agents become available, betting will be private. In the meantime if you are in USSA please don’t use this, as it is most likely not allowed. Unless you are in Las Vegas, or one of the 14,000 Indian casinos...

‘Since there isn’t a lot of liquidity on the sell side, I can offer bulk amounts direct in BTC or NXT, 1% discount from market price per BTC to a max discount of 20%, but only for a limited time and total amount. PrivateBET [asset ID 17083334802666450484] is majority owned by NXTprivacy [ID 17911762572811467637], which SuperNET has 25% stake in.’



James has donated a significant proportion of his new Crypto777 asset (id:     13476425053110940554) to SuperNET. 7.5% / 7.5% / 5% has been donated to SuperNET / NXTventure / JLH, and 24%+ has been sent into the SuperHODL account.

James writes, ‘Yes, I did just put in nearly half of crypto777. It is now the fourth core asset and I didn’t want there to be any resistance for its usage within SuperNET. What is good for crypto777 is good for SuperNET. The crypto777 donated to SuperNET has added  around 30 NXT to UNITY’s NAV’.

Crypto777 is a pipeline asset, and the dividend won’t be made for some time. ‘Current AE orderbook sells need to be cleared and the tech needs to be in beta release or very close’, James writes.

How is crypto777 going to be monetized?

‘There are several ways it can be monetized. It is not officially out yet, I just had a bit of spare time so wanted to get it all in place. It will take some time to get ramped up for the selling of services. It is not a short term thing.

‘The backed and pegged system aims to make a blockchain-enforced mechanism to allow people to get interest on their crypto holdings and there will also be a bid/ask spread built into the blockchain, so these are two sources of monetization.

‘Additionally my idea for providing crypto consulting services to fiat companies, especially with tech like Lchain, well just a few big contracts and it will be making for quite a large cashflow. With the agents system that I will extend to have crypto777 primitives, customizing private blockchain (or even nochain) will be much more efficient than making something from scratch.’

Crypto777 aims to ‘be the tech that solves the final unsolved things about crypto’:

- Blockchain bloat
- Price volatility
- Inconsistent blocktimes
- Too easy to get hacked

‘With the new SuperNET agents system, I am seeing how many parts can be done in a nice and simple way and reducing the scope of the remaining issues, but this is not an easy problem to solve, as a fully decentralized fiat peg is kind of hard to do. Consensus Research (andruiman and kushti, https://nxtforum.org/consensus-research/) is helping from the theoretical and math side and will even be doing a white paper, which everybody seems to like so much.

Job offer to technical sales creature

‘I am seeing literally dozens of companies getting millions of dollars, and the tech they are needing doesn’t seem to be very much advanced. So, I think with the crypto777 agents system, it would be possible to create customized solutions for corporates, especially the ones with tons of VC money and not enough devs.

‘I need somebody to take the lead for developing this service. We can offer fixed price contracts (for projects with very high confidence levels) so there won’t be any budget risk.

I think contracts in the $50,000 to $100,000 range are possible. Such contracts at first would need to be done by myself, so clearly can’t get this sold in the near term - then again, maybe if we had budgets like that, we can hire coders to work under my guidance. Net profits would be going out as dividends. So if you have experience with technical sales to corporates, contact me.

‘I think some sort of bounty for business brought in and/or percentage of deal flow makes this worth the while for someone who already has the contacts. And if you have experience managing dozens of coders doing half a dozen projects, then this could ramp up into a nice amount of business.’

1%-20% discount on core assets

James writes, ‘I can offer a discount of 1% off of marketprice per BTC, up to a max of 20% off. I accept BTC, NXT, maybe even other things’.

‘Short term I think NXTcoinsco/Tradebots will be pretty good, medium term NXTprivacy or Privatebet, and longer term crypto777. Maybe allocating among these would be a good balance of risk/reward. I can make a single bundle for you at the standard discount.

‘Tradebots/NXTcoinsco gets 30% the revenues that InstantDEX asset holders get, so from a valuation standpoint it is worth at least 30% of InstantDEX. Additionally it will get monetization from the tradebots leasing that it facilitates, it might even do some trading itself. Other than NXTprivacy I think it is one of the most undervalued. But NXTprivacy is further out, so it is longer term hodl.’



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Re: SuperNET Newsletters
« Reply #8 on: June 18, 2015, 10:53:40 pm »

SuperNET Services updates

Secure litewallet and framework
Nxt asset ID: 8688289798928624137

Jay NRS now supports Multigateway 1.0 with mgwBTC.

Jones is creating a Chrome extension for the next version of Jay. ‘With jay v.2 as a browser plugin, it will allow transactions to be made by clicking on the TX_ codes generated, so making trades quickly will be possible in a web application setting. Working as fast as I can :)’.

jay.js is an easy way to integrate an Nxt wallet into your project: http://jnxt.org/jay/

Semi-anon card from Coinomat
Nxt asset ID: 7110939398145553585

Coinomat: ‘The bank we're working with now is extremely slow, it is killing me. I found another solution, which seems perfect. The old card will work too. The new cards will be active starting from next week. ’

Card loading will cost 1% + $3. ‘The purchase price will be lower than for the old card.
After we launch this, cryptocard asset will be brought back to life. This is a matter of days.’

Financial analytics AI
Nxt asset ID: 6854596569382794790

Nexern writes:

Changed the landing page to visualize the dev stage: http://finhive.com

Changed the main doc into sections, including api call examples here: http://docs.finhive.com/. An api spec card would look like: http://docs.finhive.com/card.html

analytics, statistics and signaling (see landing page).

‘This API expansion has, besides clarity and completeness, another big advantage. Wrapped into an additional client module, it can be used as a tool to teach trading and explain strategies. There are thousands of sites offering online courses/classes, so a good affiliate program is a win/win for all and helps to spread FinHIVE awareness. Just a handful of affiliations would be sufficient because they are multiplicators. And a trader who used these tools could convert into a loyal customer over time. Moreover, since this module contains not only the definitions/visualization (like a TA encyclopedia) but also the current and historic performance (each symbol get its own data profile, containing the performance for all known indicators) compiled from profiles, it goes much further than all other tools at the market. This is just an additional revenue stream by recycling stuff, from other stuff we need anyway, so it makes sense.’

‘Added a visual overview for pattern detectors/triggers:

1. candlesticks >> http://docs.finhive.com/frm_candles.html
2. chart formations >> http://docs.finhive.com/frm_formations.html
3. point & figure >> http://docs.finhive.com/frm_pandf.html

Now I’m wrapping all this stuff, including the new descriptions and previous components, into the final API, starting the performance-statistics and signaling for all TA components on each symbols.’

‘A clever mind will recognize quickly how to utilize, dense and pipe all this stuff here into something meaningful, to shift probabilities into desired direction. The reference client later will make things much easier then. Now it's only useful for some devs.

‘Besides visualization it will also contain a complete TA encyclopedia and all stats and tools to build trading systems by simple booleans, including backtesting. And some other useful stuff of course. I guess latest when SkyTrade and SkyBot appears, we will gain a decent level of attention.’

James: ‘I don’t think many people realize how powerful InstantDEX+SkyNET will be.’

Pangea Poker
Decentralized Poker
Nxt asset ID: 6883271355794806507

Valarmg writes, ‘The first 90% of software development takes 90% of the time. The last 10% takes the other 90% of the time, according to the main dev. So it feels like we are close to the first playmoney release, but there are lots of small parts to finish off.

‘The only good news about these delays is that the structure of SuperNET has changed into a much more modular architecture in the last few months, so it's a much better time to try and integrate a project than earlier in the year.’

For more details, see https://nxtforum.org/nxtventures/pangea-poker/new/?topicseen#new

Decentralized Marketplace
Nxt asset ID: 134138275353332190

A new FreeMarket version 1.4 now available.

Knuckle writes: ‘This is our best version yet. There are a couple of new features to make FreeMarket easier to use:  New, separate views for sellers (View Your Active Items, View Your Sold Items, View Your Expired Items, and View Your Pending Sales). We have revamped the Relist feature so that it will only relist the quantity of an expired item that didn't sell; for example, if you listed 10 of an item, sold 3, and then the item expired with 7 unsold, Relist will put 7 of the item up for sale again.’ Trade at http://nxtfreemarket.com.

SuperNET Core Coins


Bitstar will promote and utilise SuperNET on ATMs.

t3cltd writes, ‘Connecting the ATMs to InstantDEX is the ultimate goal. We are waiting on a number of things, not least of which for InstantDEX to be fully tested and operational in order to then be able to set the ATM real-time trade orders to automatically be handled by InstantDEX. I'm hoping to not have to set them on a centralised exchange process at all.

We're in one of those situations that could see it all happen in double-quick time once we reach a certain point, or it could remain bogged down in inching forward as elements are put in place. InstantDEX is a critical part of everything both SuperNET is doing and the ATM side of things. It is critical that it be given the attention it needs to test fully and prove itself as the first decentralised trading platform in the industry.

Any revenue that SuperNET earns from the ATMs will come from the transaction fee generated through InstantDEX.


Get paid for staking

BitcoinDark has started a new feature in recent weeks: dividend payments to stakers. This was always a plan for BTCD, with stakers receiving a proportion of revenues from InstantDEX and SuperNET, as well as through inflationary ‘rewards’ (5% each: the 5:5:5 scheme).

Now, the MMBTCD asset (a market-making and mutual fund built on Nxt, that pays out in superBTCD) is paying 10% of weekly revenues directly to stakers. Each week, a call integrated into the core of BTCD creates a list of all recent stakers, then pays them a proportion of the total dividend, depending on how many blocks they staked. Unlike paying stakers in proportion to their stakeweight, this rewards clients who stake 24/7, maintaining the strength of the network. BTCD is the first gen1 currency to include such a feature.

A script written by Btcddev enables anyone to make use of the functionality. Once it has been tested, it will be integrated into the new BTCD client, and ‘that way, BTCD can really be attractive as an asset. Anyone can easily pay divs using btcd’s network for his service.’

‘Anyone who wants to use btcd for a revenue generating service might consider paying dividends to stakers. They keep the network going, and the value of the BTCD (and therefore the service itself) will rise. A case in point is InstantDEX’, writes Btcddev.

Btcddev continues, ‘The getstakers command outputs number of blocks staked, not how much you staked. So if you stake constantly and find 10 blocks in a week, you will receive 10x the payment than if you turned it on for an hour and staked 1 block, even though you staked the same number of BTCD’.

Note that mgwBTCD/superBTCD does not stake. Read more at https://bitcointalk.org/index.php?topic=762346.new;topicseen#new

Initial dividends

MMBTCD: market-making and mutual fund

Two dividends have already been paid out from MMBTCD, with more on the way weekly.
See http://bitcoindark.pw/bitcoindark-pays-first-dividend-to-stakers/

For upcoming dividends, as well as the 10% revenues from MMBTCD, James is donating 100 BTCD (this week only), mivond is donating 10% of revenues from  bitcoindarkdice.net.

‘Think about this. Once InstantDEX and other major services begin generating money, a large percentage of the new money supply will be bought as BTCD and paid to stakers, reducing inflation. It would be nice if BTCD bought reached greater than or equal to number of coins staked.’


Fibre SkillShot 1.2 released


The Fibre project has released the first game in its series, Fibre SkillShot created with Unity3d technology.  Integration of digital currency payments and incentivized tournaments are already in development. Fibre will also be partnering with another game project. More details coming soon.

Unity3d web version

Windows/Mac/Linux versions

FibreLock 2.0 - Next Generation Wallet Security released

FibreLock v2 is a new way to secure your wallet guarding against Key Loggers, Mouse loggers and brute force password attacks. It works by combining multiple methods for the wallets passphrase making it near impossible to predict while rendering most malware useless. FibreLock v2 like its previous version will also be integrated into the Bitcoin C wallet as a proof of concept.

Source Code – https://github.com/mammix2/fibre-public

Please find more info in the whitepaper:

Proof of Concept Wallets

Windows - https://mega.nz/#!8URmCaSQ!Z8kdmpzU4Oeh3wmMb6fH6VmgC-mao_Ems7f_0qJ5utw

Osx - https://mega.nz/#!UNYDVJKC!yaBykNvpbFJ2SI8avQlf7lFD-4fuzjh5YxtWwRQQFj0


FibreTeam has started working on FibreOS 2.0 and hopes to release it soon.

FibreOS 2.0 will utilize a custom, optimized and hardened Ubuntu environment together with full TOR support. Serving as cold storage will include all Core Coins wallets, SuperNET wallet and InstantDEX - SuperNET’s Decentralized Exchange.

FibreOS 2.0 will be delivered with a device which you can take anywhere you go, plug in needed components, stake your coins on it and install anything you need additionally.

FIBRE Silver Coins

You can pre-order Fibre silver coins here: http://www.fibrecoin.com/fibresilvercoins/


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Re: SuperNET Newsletters
« Reply #9 on: June 18, 2015, 10:54:02 pm »


NRS 1.5 is LIVE
Hard fork passed at block 445,000.
Connections from peers older than version 1.5 are no longer accepted.

Update to the latest Nxt Client 1.5.12 here: https://nxtforum.org/nrs-releases/

Nxt Plugin System:


Nxt Voting System:


Nxt Phased Transactions:


Nxt enjoyed a solid presence at the conference.

Bas Wisselink (Nxt Foundation) writes, ‘Nxt was one of two booths for crypto, the other being GetCredits. We got some pretty high level attention, for which we are now going to do follow ups. We've talked to a lot of people from both the banking and payment industries. They don't actually hate Bitcoin or crypto, but Bitcoin is definitely not being considered as much as you'd expect’.

‘They have seen the potential of the new technologies. They see more opportunities in newer tech that is built with new ideas, but taking the innovations of bitcoin, and they already know Bitcoin will be obsolete quite soon. And why would one go with obsolete technology?’

‘Uses that people are looking for are primarily secure and auditable ledgers and tokenisation. For the "developed" world, the currency angle doesn't really strike a chord, but for the "developing" world, the currency side is potentially HUGE. We got a few people wanting to work on that. One of the lessons here is to look for solutions that actually solve a problem for a large demographic’.

NXTER.ORG booklet
SuperNET > PayExpo sponsorship

SuperNET sponsored Drachmae - an innovative solution to monetise Greece’s valuable but illiquid state assets and create a secondary currency - at the payment industry conference.

You can read more about Nxt, Drachmae and PayExpo at


TipTap is a tipping application. The service is completely free of charge. Forever’.

‘Unlike other tipping services, TipTap uses the Nxt blockchain to facilitate the tipping micro-transactions, thus it doesn't rely on any centralized ledger. Currently TipTap is compatible with Reddit, Slack and Twitter; 3 of the largest and most used platforms today’.

To get this moving, an official Tipping Fund of more than $2200 (200.000 NXT) is paying weekly prizes to tippers who join @ http://www.wetiptap.com and use the service to spread NXT.

To The Mooooon

A new gambling game on the Nxt blockchain has taken SuperNET slackers with storm.
ToTheMoon is running a weekly promotion: https://nxt.tothemoon.me/weekly-leaderboard

NXT ATM in Vienna
Coinimal writes, ‘We have established the world's first NXT ATM’.

‘The ATM is placed in the ‘Gretel’ café in Vienna's most popular shopping street, Mariahilfer Strasse. The purchase process takes only a few seconds and after insertion of the desired cash amount into the machine, it automatically sends the equivalent in Bitcoin or NXT to the desired address. The beauty of this ATM is, that we were able to jointly expand the General bytes software so that this machine has the opportunity to issue NXT’.

Read more: https://www.coinimal.com/atm

Hackco.in London Hackaton

Coinstructors and UBS Bank are hosting the London Hackco.in.

Jones, Lyaffe and Tosch will be our people at the event. Sign up @ http://hackco.in/london

The aim of HackCoin is to catalyse investment into the digital currency startup community during the Hackathon Day and beyond (prizes are focused on helping to fund ideas).

The subject in London is Smart Bonds and Digital Identity, and the hackers are going to be working with NXT API. 'This galactic event will be held on June the 20th in Level 39, Europe’s largest FinTech hub. UP TO twenty of world’s best hackers and developers will gear up and craft their socks off on universe’s most creative Blockchain 2.0 FinTech ideas’, writes crypto scout.




Check out all the updates that were made to our roadmap!
Big things are coming.... http://syscoin.org/roadmap/

The latest notes from the Syscoin call #23 are up on the blog -
Check them out here: http://syscoin.org/team-call-23-meeting-notes/

danosphere writes, ‘We’re working with vanbreuk to get SYS into the MGW + Android SuperNET wallets as soon as possible. There are some code updates happening to MGW which James is working on so we’ll be added once that refactoring is completed. Shouldn’t be too long, James is always working.

To everyone who hasn't seen the announcement in our SYS core channel -
All requests to the Millionaire club are being processed and we will be in touch with you shortly!

VeriCoin Developer Doug Pike and Veryveriviral on Crypto Talk Live about VRC's Proof-of-Stake-Time protocol, their current RoadMap and alluding to some upcoming tech features.



Open source Blockchain Lottery

Bet 50 VpnCoin - Win 200000 VpnCoin.
BitNet Lottery is the first P2P blockchain Lottery, an open source Fair Lottery.

James writes, ‘When i finish with the urgently needed code for SuperNET in general, I will spend time to get VPNcoin properly integrated into SuperNET. ]I think the decentralized load balancers could become a pathway for the windows VPN services provided by VPNcoin’.

SuperNET Related


SuperNET is platinum sponsor for the Drachmae project.

Drachmae writes, ‘Drachmae is a hybrid banking system built over NXT using NXT core functions like AE, MS and Voting. It’s otherwise called a “Central Bank in a box” over the blockchain.’

See further at www.drachmaeconnect.com and www.drachmae.exchange

‘Everything started to be built on the 5th of May and was presented and demo working on the 20th of May. With all the media that is looming around it I need to close it in Greece with government or private association. We already have one assocation interested in taking drachmaeconnect as a business barter network.’ The project has potentially huge significance. ‘It’s not just about Greece. Greece is the test dummy of what will happen to Italy, Spain, Portugal… I am arguing with the EU Commission over drachmae as they don’t like the idea - this could be a solution.

There has been lots of great publicity about this:


Damelon writes, ‘This project, even when not viable, has generated more high level attention than 4 months of articles on things like CoinTelegraph. It gets people talking and that for me is its most important function.’

NXT-Supernet-Drachmae use cases:

‘Anybody with SuperNET core assets, can you send your logos and Weblinks to lee@coinstructors.com.’


Up and coming shows can be found here

SNRN Lottery
‘Anyone holding 50 SNRN asset will be entered into the lottery for 1/2 ounce silver (starting next month... maybe this month...), 500 will be entered in to win the 1 ounce supernet coin, 5000..... will be a surprise (3-6 months away). Thank you for your support.’ Nxt asset ID: 3501237268087927815


BTCOR Group Investment supports SuperNET in alignment with a profit-for-change paradigm, and it’s the first NXT asset to utilize Nxt's revolutionary Monetary System technology and Asset Exchange to generate dividends on stored wealth. BTCOR and its SERIES VENTURE wealth storage facilities allow for holding/storing value in the form of ASSETS, GOLD, SILVER, BITCOIN and the US DOLLAR.

BTCOR is the parent asset and is the simplest choice for investment. Funds received through sales of the BTCOR asset will be used to appreciate value for shareholders by investing primarily in SuperNET's technology, core coins, and assets and by seizing any other opportunities the Executive Board may deem advantageous.  Any dividends received by assets held in the BTCOR Treasury will be redistributed proportionately to BTCOR shareholders on a monthly basis.

Last week BTCOR announced the members of its diversely talented and respected team https://www.btcor.co/btcor-team/ alongside its business plan https://www.btcor.co/btcor-group-investment/, which details the asset's complex structure and core principles. You can join SuperNET Slack channel #btcor for more information.

Altnuts Mining Pool

If you want to mine SuperNET Core coins, this is a place to go. AltNuts V2 charges 0% Fees.

Coins that are accepted into the SuperNET, also known as 'Core Coins' represent some of the most promising innovations in blockchain technology available today. The SuperNET Multipool, brought to you by AltNuts - has been created as a way to mine currencies from within the SuperNET that aren't traditionally minable. You can connect directly to the multipool with your ASIC or GPU miner and be paid in the SuperNET coin of your choice.


Read recent SuperNET Newsletters:
or… http://www.supernet.org/en/news/newsletter
or… https://bitcointalk.org/index.php?topic=830942.0

Author of SuperNET newsletters: NXTER MAGAZINE: http://nxter.org