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Bruce Fenton:The scheduled hard fork upgrade will be around 7-8 months entire structure of ravencoin is VERY different from now -- depends how long coding and testing take and how many people contribute almost every other project — so it takes a lot of learningThanks to development and testing. This hard fork will make the code changes which will allow the issuance of tokensall who participate
Bruce Fenton:This project the thing is that Ravencoin is open source so there a protocol not a company — this is why no partnerships -// not because they aren’t valuable but because they are not necessary Ravencoin doesn’t have partnerships with companies because 1) there’s no one to pay for any marketing type of services. If you read make such a partnership 2) the papers companies and believe in the project then you can devs wanting to build businesses on this or drive your own economic interestsdon’t need anyone’s permission - they can just build
== 5 Apr 2018 - Discord 2 ==It's great for people who want to do more -- if you are This is a hard working C++ dev you could end up having a massive effect on good model — imho it’s the code.best model
Someone asked if Ravencoin could "support ___effort" Finding the right balance of how much to talk about this project is hard----Software is allowed to be centralized.
The answer to every one of these questions is the same -- no When people say this isn’t it’s not because "Ravencoin" is not a centralized entity able to issue press releases or sign agreements or "support" anything --- it's just the name of the idea and code that a community is mining, developing or discussing.Individual people they are all that can act in a decentralized open source system -- nothing is fully decentralized but this is the aim we strive for. Ravencoin has no ability lying to support actions or do anything pretend something — it’s because it's not an entity -- it's the name of an idea and code that the miners, developers and other community members generally agree on the purpose and structure ofit’s accurate. That sounds unusual or idealistic or phony to many - I get it, but it's actually the best way to develop
RSK It’s just not the case This isn’t some claim that someone is trying to make to comply with some rule — its the actual truth. Also there is no law that this would be relevant for — the idea that a company working on an awesome open source project “makes it a security” is silly and it’s super insulting Whether raven is centrally controlled or has corporate involvement / oversight / investment etc do not make it a security anyway — that entire line of thinking is based onfaulty logic and not understanding now Ravencoin works or was issued Ravencoin was released for free exactly like Litecoin — because it was never sold it was not an offeringLN another These don't need permission from anyone Even if it had one person as a ceo and even if that one person worked for someone to work on Medici it would not matter —-/ devs can all communicatestill not a security
We need RSK & Solidity devs -my time doesn’t belong to you. Usually when people write articles and mention someone they get quotes from them and check for accuracy first —- that capability I do what I can be worked on alongside the planned upgrade fork -- it would add a lot of capabilities to this protocolgive accurate info.
== 4 Apr 2018 I waste hours on this and the only result is time wasted---- Discord 2 ==
Ravencoin's only marketing department It doesn’t matter if something it centralized----That doesn’t make it a security----A coin being centralized or controlled by a company matters when the company or coin raises money - a project like Raven is the communitycompletely different---- competing against a sea of scamcoins & ICOs w/ billions in ad budgets we are in an open source canoe canoe togetherthere’s nothing whatsoever “hinging” on that — that’s crazy talk.
The protocol can't No reasonable or knowledgeable person I’ve heard of considers RVN a security. If they do press releases or similar BS --however it IS great to get the word out on what the tech & science isthen :shrug:♂️ Litecoin and Bitcoin would be as well. It’s insane
There isn't anything to sell- imho it's a big mistake to discuss price so early which is why I never do... no — not at all.
But it DOES make a lot of sense to share this info and explain it to people- more people will learn about it & contribute.Ridiculous
The metrics of this are entirely different This all stems from something like an ICOpeople who don’t understand securities---- with Ravencoin we don't share There’s tons of info to sell something but we can share for out thereNot sure why people assume a conspiracyThere’s no one “at the sake of computer science.top” There’s no one “worried”
The white paper isn't a marketing document designed It’s REALLLY key to get money from people it's understand that this is an actual real white paper: a technical scientific document open for peer review. The purpose of the document is to create discussionsource, generate criticism; identify security & functionality holes and to invite contributors. That's it. There decentralized project —- there is zero mention of price. Imho this is a much better way to build great tech. If you build great tech no person or people or corporation running it may have value.
The diversity & strength of the community & dev There is a good example of how open source no conspiracy etcPeople just work in their own interests---->>>>Ravencoin is not an entity at all <<<<----What matters is whether ravencoin can be more effective than corporate projects.and does work
This protocol & idea is worth sharing -- there--Crap projects have an interest in promoting “partnerships” and stuff — actual protocols don’t----''s such a sea of scams and ICOs out there that a "white paper" seems like a sales document because the term has been stolen by scammers (In reference (I think) to be used for marketing documents. ThatMedici / Overstock / RVN)''s not ideal I’ve said 100 times that they aren’t related — even made videos about it-- it reduces discussion --Rvn is better than ever - amazing - one of the strongest projects ever----Because raven isn’t like that and isn’t a technical computer science papercorporate project with “deals” and “agreements” / joint ventures and that kind of ico crap----Medici donates dev timeWhich is great
Perhaps one thing we can do is share the concepts in this paper and the main bullet points / ideas behind it -- this identifies a lot of use cases:
Game tokens for items you can move from game to game, securities tokens with dividends, message services etc etc -- all But people assume much more of this is new tech creating new possibilities & solutions. a corporate tie
Sharing ideas gets even more great community members & contributorsWhich is a shame
so Not a gift from MV MV gifts some dev----Big difference----There’s an impression that tZero and raven fit together in some special way or work together or that one platform is being designed for the other----''(In reference to an article speculating on the devs are connection between various OSTK / MV projects and RVN)'' thanks! I’m not a combination fan of people - most the screen shot from discord — I’ve tried to make clear many times that the projects really are not related — that screen shot taken on its own and out of the context of its convo seems like I’m winking and being coy or something imho Basically it was in Utah reply to people who think the opposite: which is that tZero has nothing to do with rvn and will never list it because Medici they are competitors or something Neither is true It’s really not a while back allowed employees to work corporate coin -/ existed before anyone at tZero heard of it and before I joined the board There’s no team of folks at tZero working on open source & this project became popularly locally in SLC raven and it defiantly wasn’t designed by tZero or created for some tZero purpose---- so Tron Black @Tron (who came up with most Yes but ostk owns a mess of the tech ideas), Jesse Empey @RavencoinDev stuff and there’s no major direction from ostk to any portfolio cos to support ravencoin----TZero and @cade ravencoin are much less related than people assume == 23 Sept 2018 - Baltic Honeybadger 2018 Bitcoin conference ==Title: Global Ledgers: Scaling & Capacity for Legacy Securities Systems in SLC the Age of Atomic Swaps Conference: Baltic Honeybadger 2018 Bitcoin conference, Riga, Sep 22-- most 23 Bruce talks about the history of the mining devs tend to live around NH because thatsecurities, it's where we did the first meetups & announcementscurrent problems, and block chain. Talk at: https://youtu.be/D2WXxgZ8h-0?t=1h48m23s Slides at: https://threadreaderapp.com/thread/1043833386257854464.html
== 4 Apr 2018 - Telegram ==
Bruce Fenton:
This project is open source so there is no one to pay for any marketing type of services. If you read the papers and believe in the project then you can build businesses on this or drive your own economic interests
The scheduled hard fork upgrade will be around 7-8 months from now -- depends how long coding and testing take and how many people contribute to Because this is protocol development and testing. not something like an ICO scam
This hard fork will make the code changes which will allow the issuance of tokensRavencoin is a protocol — that’s it — it’s software
== 4 Apr 2018 - Discord 2 ==@everyone Volunteers wanted: Volunteer to serve as liaison to exchanges. Ravencoin is receiving a LOT of requests and interest from exchanges. Unfortunately most request that an "official" representative contact them. Since this is decentralized and open source there is no official and there There is no one "authorized" NO ONE to deal with exchanges. “make announcements” or “sign partnerships”
If someone from the It’s open source - for all community wants members to volunteer to serve contribute how they wish — this role they can. Should be knowledgeable about tech/ dev and exchanges and able to help exchanges with tech issues, integration is a VERY VERY different model than centralized projects who did ICOs etc.
== 3 Apr 2018 - Discord 2 ==Note on exchanges: since If you are expecting centralized sales, marketing, announcements — that will never happen with this project is open source there is no central party to speak with exchanges. ICOs and centralized corporate coins typically have marketers and others who serve this role. people should know that
Since this coin had no premine or set aside What the economics are different as there project does do is no insider looking focus on building secure and useful software— anyone can contribute and decide if they want to dump presale coins or something because they don't exist. run that software
All exchange activity so far has been community driven. There is no official party with an authority to deal with exchanges== 25 Aug 2018 -/ that doesn't mean no one has the power --- it means everyone has the power. This project belongs 100% Discord 2 == consensus works in open source by open discussion over what code to the community-- it was created by a community and remains that. run
So anyone wishing to list this coin or do any other economic activity - go for it. The project literally belongs to you as much as anyone if you are reading this.
Securities tokens with multiple share classes
Game items that Everyone should contribute to the discussion There is no division between devs and non devs - there is no special authority who bestows the title “developer” - it’s just based on what code people run and who decides to run what they choose So we don’t say “just do what the devs say” because there are no specific “devs” with any official role - just people who have done a lot of work and implemented the vision in the paper Anyone can be removed from a game and printed onto a paper wallet dev Anyone on this page can write code
Activist tokens which can be divisible and with built in messaging - so you can split And call themselves a coin in to 10 and give it to 10 friends who will all receive whatever message dev
The possibilities are endlessNo one has authority over any other
== 2 Apr 2018 - Discord 2 ==Discord channels, like other aspects of Ravencoin, don't We the users and holders have a centralized the authority or controller.by deciding what code to run
ICOs, scam-coins and centralized corporate coins have controlled and managed chat channels run by paid marketing employees. So if you say “trust the devs” the first question one needs to ask is “who? / which devs”
Ravencoin The way to flush that out is different. It's not run by a central team or person who tells people what to say or so. discussion
Anyone can set up a chat, there is Open and free discussion There’s also no "official" anything special authority for any other than the Git and website. person - no ceo or founder or master node or author or dev has special power or authority
If a majority of the community prefers one admin / mod style they can migrate to any banned. If various groups from who have competing ideas or preferences then multiple groups can form.
Many people are so used to centralized scam coins that they don't know what to think when they see a real open source coin.
The internet But main point is messy. The opposite of control that this is chaos. So some chaos open source — there is inevitable. But it doesn't affect the protocol in any way.no authority
This is as intendedWe don’t want to ever discourage discussion — especially over security related issues
It will all even out All this project is is a group of people choosing to run code based on what they think Ravencoin means and work wellwhat code is effective for that definition — every person has the right to discuss what they think that vision is or means
Have faith The term hoi polloi is funny but it’s the antithesis of what open source is about — there is no “commoners” or higher class of people There’s no special category called developers It’s not ideal to say that people should defer to devs — that’s got a lot of issues I can explain — what if a new dev joins tomorrow and creates the code to change the supply to 5 trillion with an insta mine of 1 trillion to himself and burning all addresses bringing in R5? Would you say “stay in your lane, don’t discuss forks”? Of course not - it’s not what the coin is It’s super relevant and key to discuss things like hard forks — any hard fork changes the consensus mechanism and the wisdom of crowdsrules which everyone on the network previously agreed to So it’s really a big responsibility for every user to know and care what all code changes are
Does Bitcoin have an official chat?There’s also a HUGE difference between non technical people discussing technical matters and overall DESIGN matters
It's hard to You won’t see me talking specific code almost ever — it’s not my area of expertise But overall economics, functionality and design is an area of expertise I have no for this coin — Andy one in charge can develop expertise and seems chaotic have opinions on the direction — anyone can choose to listen or not have control. Many corporate coins have antiseptic - and run what they want based on a combo of vision and capabilities and controlled chats which regularly censor criticism.functions with the specific code
the only thing official is the code and website.
The roadmap and white paper Well this is an implementation that a group of devs supports --why consensus is so important Just something to plan for — for the future
Yes -- but KYC/ AML isn't part We can all continually improve the quality of the protocolreview of code changes Bitcoin Bitcoin system has worked best and that’s what Ravencoin is developed after
Ravencoin will allow easy creation Bitcoin has made many leaps forward on this - there are lots of assets such as tokenscontributors and discussions
Anyone can post @name — well one thing is that there isn’t and shouldn’t be much of a new ANNline between “devs” and “the community” —- devs ARE the community and the community is devs in this project — there is no separate wall
There's You don’t need to just “speak with a Bitcoin dev” you can BE a Bitcoin dev by simply submitting code Secret sauce of Bitcoin is no "core" reallyleaders No authority Consensus Same with Ravencoin-
you seem to think I have some special powers -- it's your coin as much The system is working well as it is mjne.— I don’t see any problems at all — just giving thoughts on best practices and ideas for the future — there are several things we learned from this hard fork which can be improved on next time - mainly around communicating
Well if so then that's even more reason to not do it. :smiley: the "core team" is anyone who wants to be.
This isn't hand waiving -- it's the structure of There’s some bad habits from ICOS where people come in to protocol projects looking for leaders or thinking a real decentralized open source project.central authority makes all decisions
There are no leaders or authorities. Only merit and individuals choosing who to follow and what code to run
I choose It’s wise to support this project because it's decentralizedplan for contentious forks
There are 1000 corporate coins who have very neat and clean comms channels: everyone agrees, a few people decide on a message and the people are fed a line.It’s wise to plan for contentious forks
Anyone can create these toolsAnd have healthy debate over all changes
There Forks also present a risk — every code change presents a possibility of unforeseen consequences == 14 Aug 2018 - Telegram == Chatturga:The v2.0.3 binaries are available to download on the ravencoin github. Assuming that everything continues to run smoothly, and no significant bugs need to be addressed, this is no central authority over Bitcoin commsthe version that will activate DGW and BIP9/RIP2 consensus voting for the asset layer. The devs recommend updating to this version soon (before block 338778), with a particular emphasis toward pool owners and exchanges. I'll reach out to those people at the end of the day since the devs want to do a bit more testing. https://github.com/RavenProject/Ravencoin/releases/tag/v2.0.3 == 05 Aug 2018 - Telegram =='' Tron '' Tron:ItRavencoin is a protocol platform for assets and will work with anybody's impossibleinfrastructure. Additional requirements can always be added by exchanges, or issuers, but are not native to the asset protocol.
The decentralized nature enables this coin to do WAY more than a centralized corporate coin or ICO can do.
Look at Tron:x16r is the results!!hashing algorithm, and is different than the difficulty adjustment algorithm. It will still be x16r. The difficulty adjustment tries to make it so it is 1 minute blocks no matter how many cpus/gpus are mining. Currently it adjusts by looking back 2016 blocks and making a percentage adjustment to bring it inline. There is a 4x limit, which we are close to hitting. It isn’t good but it shouldn’t get much worse.
Look what you badasses have built in less than 3 months!----
NO ONE can duplicate thisTron:RVN will still be RVN. IBM has spent $4The problem is that anyone that doesn’t upgrade when the algo switches over, will be on a different chain.5 billion Imagine the problems if CryptoBridge doesn’t upgrade, or Cryptopia, etc. and they have a different view. A hard fork is just a software upgrade, but it is really important that certain nodes upgrade. We have a managed upgrade already scheduled for the end of Oct that lets everyone decide on its internal blockchain their own whether to upgrade and we beat them in EVERY metric that matters: better codewhen enough mining nodes have upgraded, stronger network, bigger community etc etcit seamlessly switches over at a set percentage.
Why? Because people can smell authenticity a mile a way. Then know that the hundreds of scam coins don't actually belong to them. This coin does. ----
Your efforts in Ravencoin are building what you wish - Tron:No, shorter block times aren’t the strength of this project will not depend on 20 marketers or lawyers in some ivory tower office but the efforts of the thousands of people who've put in timeproblem. Rentable hashpower, resources and sweat multipools which auto-redirect hashpower to the most profitable coin makes it more difficult to build this thiscalibrate. That’s what changed.
With this grassroots decentralization ---- Tron:The longest chain is the winner. We just need to make sure it is crystal clear which one that is. If we have some drawbacks but overall massive advantages1/2 mining power on one chain and 1/2 on another, it gets murky. If that ever happens, just don’t transfer RVN during that time and you’ll be fine. And, if you’re mining, make sure you’re on the longest chain.
This is why we will prevail.
We are likely the fastest growing network in history of cryptoTron:DGW will go a long way towards that. We are also a top 10 of fairly mined coins actually want increased hashing, we just don’t want it coming and going in 3 monthsmulti-day intervals.Decentralization works.
The wisdom of this crowd Tron:I don’t think miners using a pool will need to change anything. Just make sure the pool you’re using has upgraded whenever the software is stronger than any 100 peopleupgraded. Make sure you’re using the latest version to view/store/transfer your RVN.
Together we can do amazing things. Wish not Tron:My understanding is that there was a Pull Request for leaders or controlRVN on Ledger. Instead I don’t know if/when that will make the changes you want and ask for helpit into production.
No one has any power that you don't also haveTron:Yes, unix (linux), Mac, and Windows.If you want something We need to happen don't wait make sure the client cross-compiles for permission. You have it. Just do itall of them.
Tuesday will be a Roadmap and an expanded paper based on a combo Tron:Yeah, there were some awful asset names. I imagine that some of the original Medium article web explorers and the roadmapasset marketplaces will want to run names through a filter.
there are drawbacks Tron:There’s going to be lots of interesting opportunities. I think someone will build a decentralized system like this -- but advantages as wellmarketplace for asset names. No one does or should have control
some advantages Ravencoin will have to token issuers over Eth:
- more secure Tron:There’s really only one chain. The problem is that when you change the diff algo, then the version of the software using the old algo sees only old algo blocks as valid, and software using the algo only sees new algo blocks as valid. The “real” one SHOULD be the new algo chain, but there’s no BOSS that says you can’t run older software. So it is really up the users to upgrade and all agree to use the newer software. I can’t compel anyone to upgrade, but it would make economic sense for everyone to use the new software. We can write software that doesn’t change the algorithm until it sees that most miners have upgraded because we can put a version number in the blocks and count the mined blocks. That’s what BIP9 does — Google it if you’re interested in how it works.
- more decentralized We’re hiring like crazy. Most of our hires are for tZero, Medici, and Bitsy. If you’re a great developer, you should apply. Bruce is in NH and he visits Utah and we visit him in NH.
- native Tron:Yes. I don’t know how trademark rules would apply. I fought two trademark battles where I felt I was in the protocol right. I won one, and folded the other against a giant “perfect” word processing company.
- will allow messagingTron:There is support for that. I’m not in favor of that, in general, but it did make sense for our asset hard fork.
It's the next gen
Ravencoin plans to integrate RSK --
Advantage Tron:I hope not, because I think it would devalue RVN, but it is shorter block time certainly a possibility. Interestingly enough, anyone who had RVN before that fork would have RVN and that RVC, but I still think it's native to the protocol -- but for smart contracts RSK will eneable solidity to work on the Ravencoin blockchainwould would be a net negative overall.
ASIC resistance and a wider and more fair distribution is another advantage of Ravencoin.
By this time period in Bitcoin's history Tron:Sometimes it is cheaper to mine, and sometimes it is cheaper to buy. Right now it is cheaper to buy — until the coin had less than diff adjusts. I wrote a dozen minerspaper on how the two are interlinked. We have thousands https://letstalkbitcoin.com/blog/post/bitcoin-value-and-mining-difficultyThis is one of the most widely distributed coins if not THE most
the protocol won't be ready to issue tokens on for 7-8 months or so. But the network is already very strong and will have a lot of appeal
Securities tokens are one of the key use cases and reasons Ravencoin was created
Securities tokens are my main focusTron:Bruce and I agree that it doesn’t need shilling. Eventually, we’ll need to let more people know it exists and that it is a platform they can build on, but that isn’t even true until the end of October when assets activate on mainnet.
I think everything will be tokenized
I was Tron:If there’s a stockbroker for almost 20 years so Raven Classic, it probably wont have been interested in securities tokens since I came into Bitcoin 6 years agoasset support.
Especially interesting is small companies who can't now go public on old markets but will be able to using Ravencoin
And also conventional asset managementTron:Yes, we would like RVN to continue to be viable cash. We hope it gets used for rewards (paying all holders of your token in RVN), and for on-chain atomic swaps (paying for assets with RVN where the trade happens all at once).
Many exciting areasTron:I’m not 100% sure. It seems like we’re in a bear market — similar to 2014-2015. Some of it is being sold to buy into RVN, EOS, and ADA, or into ICOs which are still going strong outside the US.
SEC regs are misunderstood by almost Tron:I agree - kinda dumb. It is a completely arbitrary line. Enforce rules against outright fraud, but let everyone in the spaceinvest their money any way they choose.
Things like lawyers Tron:I think there will be sites listing assets for sale. We’ve put “forsale” and “forsale_price” keys in the metadata spec for this reason. Brokers could scan the market not part of chain and the protocolmeta data to build a website for exchanging asset names.
Ravencoin Tron:I will enable users share the scripts to issue STOsallow anyone to register any names they want. I’m excited to see what gets registered.
Not Tron:Sending assets will require a smart contract but native small RVN fee. I’d love to get rid of the protocolfee, but it opens up too many attacks that don’t cost anything.
Sure real estate or any asset anyone wants
To issue
Game currencyTron:It’s been wonderful chatting with all of you. Thanks for your support of RVN. I’m working on some python scripts that’ll let you create batches of assets (with associated meta data) from a Google spreadsheet or csv. I’ll make them available next week for everyone to play with. SecuritiesIt’ll make it easier for anyone wanting to register multiple assets. == 03 Aug 2018 - Telegram == ''Some interesting posts from tron on telegram'' Tron:http://raven-blockchain.info/ext/getmoneysupply is stalled on an old block. Needs to be switched to: https://ravencoin.network/api/supply
Also unique assets
yes with any offering issuers will still need '' referring to testnet launch''Tron:Thanks. We had a legal team and offering management (not from the protocol few glitches that we're fixing, but the market)overall it seems to be performing as expected.
not a SDK but native abilities within the protocol itselfTron:Brace yourself. The limits of free speech are being tested. FREEDOM!!!
So user will be able to issue:
100,000 token shares of Janes Startup
17 Platinum Swords of PowerTron:In the qt, go to Help->Debug, then the console tab, and type listassets ----
1 Mona Lisa TokenTron:I'd be interested in knowing which ones it doesn't fulfill. It is portable, fungible, divisible, durable, transferable, and limited. USD is 5 of those 6.
Etc
thatTron:Michael Any wallet, explorer, exhange, etc. can use the .png. It likely will not be built into the reference client because we don's exactly something my company is working onChainstone Labs plans t want to be one downloading and showing the types of images that could be added. If you've looked at the first users list of Ravencoinassets created on testnet, you'll understand our concern.
You won't get dividends for holding rvn' referring to facilitating adoption''Tron:Adoption - ease of use, cross platform (Windows, Mac, Linux, iOs, Android) , and secure.It will be paid by token issuers to token holders
Rvn willl Tron:We hope assets will be burned for users to issue or name tradable on decentralized exchanges. I think this will happen organically as soon as some real projects are using the tokens.
The assets Tron:Medici has investments in about 14 different companies. I expect some of them will be on the rvn chainable to use RVN, but RVN is not being developed in support of any particular project. It has larger ambitions to be a platform for asset issuance with multi-OS support and much easier to use than ERC20.
The assets Tron:Verhoven RVN should be a currency. We want it to have a value because phase 3 will be using Ravencoin chain as rails<name removed> I founded Atlantic Financial, allow paying token holders in RVN. Imagine a Registered Investment advisor and also own chainstone labsproject that's profitable where the early supporters are rewarded (with RVN) based on the percentage of tokens they hold.And Satoshi Roundtable
Right holders have Tron:I'm not allowed to trust each issuer if they claim there is an talk about tZero stuff. ---- Tron:I had experience with Counterparty, Mastercoin, colored coins, and open assets which had similar capabilities on top of Bitcoin. It was secure, but clunky because some bitcoin had to be sent with every asset backing it, and the fees became prohibitively high last year. We've been able to fix these issues because we can make adjustments that the core Bitcoin developers can't make.
No no
Only for physical assets
Real worldTron:The ideas behind the project and using the blockchain for tokenizing assets came from Bruce Fenton, as well as the project name and logo.
Virtual items like digital currency, utility Tron:I'm in talks with the leadership and game currency or items would stay digitaldevelopers on that project. We've agreed that Ravencoin is great once they're tokenizing the land. First stages are about recording ownership and Ravencoin doesn't fit that use case as well.
Providers Tron:I've talked to lots of legal companies about their projects on RVN. Two game companies, one tokenized real-estate company, and KYC services willl be able a VC company that wants to easily integrate with rvndo tokenized Reg A+ offerings.
Ravencoin doesn't compete with Polymath Tron:I created a crypto accounting system called CoinCPA -- itlook for the podcasts from 2014. I was an early employee of Tzero. I's m a separate type Tzero advisor. I worked for crypto company out of Hong Kong. I've helped Spera, and Bitsy which are portfolio companies of thingMedici Ventures.
Poly has said they are Tron:I do have some coins. If anything bad happens to the Ravencoin chain agnostic so can use rvn, it will affect me personally.
Unlike Eth, Tron:It's exciting. I'm a huge fan of everything that's happening in the crypto space. I think the Ravencoin was specifically built for community is the purpose best! I feel honored and blessed to be a part of issuing tokensthe project. I really want it to succeed.
Using RSK solidly Ravencoin will be able '' in reference to do everything Eth some significant purchases seen recently on cb ''Tron:I can dosay for certain it isn't me. It really don't think it's Patrick. I don't think it's Bruce, but I don't know that. ==31 July 2018 - Discord 2 == Reminder: careful using testnet and wallets etc - someone WILL lose money because they get confused, send real coins to the wrong place only use if you know what you are doing :smiley:
no asics DECREASE security because they increase centralizationThere isn’t any way to pre-reserve or verify names
Asics make mining less distributedBut we can cooperate to register good ones
actually they make a 51% attack easier because asics tend to concentrate mining in the hands of a small number of giant miners with data centers
Bitcoin can be 51% attacked by compromising 4 people or so. Ravencoin you'd need to compromise an army of Ravens with their gpusNo first dibs :smiley:----White hats racing against squatters
<name removed> users acquire rvn and use that to create assets or pay dividend
once someone issues Testnet will give people a token they chance to see what has been built and will also allow more contributors to easily contribute and do security testing because the code is published and everyone can do what they want be on the same page Testnet also allows 2nd and third layer developers to see how the protocol works and build and test apps Since the network was built first with itravencoin we already have a massive head start when mainnet is launched (versus if the network genesis and the asset layer were launched together) This means that since racencoin already has tons of users, community members and interested parties the usability of the asset layer capabilities increases There are a lot of us in the community who can test and build on this protocol So - when mainnet launches :rocket: give there will be a lot of people ready to jumpstart that network and build on it I predict a lot of asset names reserved right away, sell (it, run will be like domain registration races / land grab) When mainnet is launched people will be able to immediately create real assets which will be verified by the ravencoin blockchain == 29 July 2018 - Discord 2 == We had mini raven sculptures hidden all around the Satoshi Roundtable == 14 July 2018 - Discord 2 == Ravencoin as a real open source & fair launched project will never have the captive marketing budget of an ICO — but those projects will never have the tech depth or STO, put it in a game or whatever they choosescalability that the Ravencoin protocol has.
To Icos as we know them will not be clear: the Ravencoin protocol as big as securities tokens == 12 July 2018 - Discord 2 == The dlr is a different thing - it’s a specific tool to help crypto interface with existing wall st touting systems Aside from this Tzero is also an exchange which will support RSK / solidity but ALSO have trade security tokens ==11 July 2018 - Discord 2 == Just one solid exchange would be very relevant ---- Rvn took a native capability built in which makes it easier for many use casespath more like BTC or ltc
And has more capabilities like messaging and dividends
<name removed> once someone issues a token they can do what they want with it: give it away, sell it, run I think an ICO or STO, put it in exchange will happen ---- There actually is a game or whatever they chooselot of raven marketing - it’s all pretty much done by volunteer community members bits be trippin etc
To be clear: the Ravencoin protocol will support RSK / solidity but ALSO have a native capability built in which makes it easier for many use cases
And I think Tzero hasn’t announced exactly how they will make listing decisions — there will be lots of factors Rvn could be appealing to any exchange because it has high interest and volume and is not a security and also its code base is based on Bitcoin so well understood Rvn is an especially natural fit for exchanges focusing on securities tokens == 11 July 2018 - Discord 2 == From @Chatturga Hello, everyone. I bring exciting news about the asset layer! Assuming that everything goes smoothly, the binaries to test the asset layer on testnet will be available for download on July 30th. Additionally, the target date for mainnet release has been tentatively set for October 31st. These dates give the community time to find any issues and for PR's to be processed - with October 31st also being the 1 year anniversary of the first Medium article about Ravencoin. == 3 July 2018 - Discord 2 == Have I mentioned that this is Game of Thrones? GAME OF THRONES! This space is very treacherous and risky - there is a ton of uncertainty. A coin claiming they will “beat Bitcoin” is not credible — neither is it credible to say Bitcoin has a 100% chance of being both global money and the rails for all tokens with zero exceptions. There are a few possible outcomes: 1) Bitcoin becomes the only chain, all projects become sidechains on Bitcoin - RVN and ALL other coins/ projects die completely (possible but unlikely / not certain enough to bet on 100%) 2) Bitcoin dies, other coin or coins / projects serve that need (unlikely) 3) Bitcoin becomes important money and important chain for tokens but other projects survive and serve large or niche markets 3a Raven is one of these survivors 3b it isn’t (This is the most likely scenario imho of the 3 — even if I felt an 80% chance of option 1 then it would still be prudent to support other coins in case BTC fails or in case any can develop a niche which serves one area better than BTC) ----- So if option 3 occurred and raven survived then it could be used in even a “small” niche of the possibly deca trillion dollar token market and end up being very important. Cross chain atomic swaps and lots of other things will make cooperation between projects make sense — LTC is a good example - the project has never tried to be at odds with Bitcoin. Bitcoin was always going to do tokens — that a HQ co like Blockstream is working on this is exciting and validated the entire idea.Just a month ago all the best “experts” were saying that tokens couldn’t be put on Bitcoin or a fork of Bitcoin — this is specifically why I always used Bitcoin not raven in the periscope video examples on security tokens. When we did these demos everyone laughed — well now the smartest devs in the space are doing what we’ve been working on for a while as well (Blockstream has worked on this a long time too) It will be great if both Bitcoin and Raven serve markets in tokens successfully - there are certainly plenty of ways that can work — I also think other projects like ada and eos will have a good chance of surviving and several platforms will thrive for different reasons. Anyway — being that this is Game of Thrones and in the grand timeline of global money and blockchains - we are early in season 1 ... it’s a good time to be supportive of all projects and focus on building great tech rather than “beating” someone.Also — most importantly — Blockstream is NOT a competitor of Raven - Blockstream is a company with investors and some top devs and products etc. - Ravencoin is an idea and some code / software which generates a scare digital asset. So back to the Blockstream announcement ...If this is Game of Thrones here we are over at Raven Tower okay — and Adam Back is like the Maester from Fort Block — he just moved in and says he wants to fight white walkers with the weapon he’s been working on — Okay I could go on :joy:... But seriously, Blockstream is not an enemy to this project - that’s absurd - they are awesome people and high quality cypherpunks and some of the smartest people in the industry. The “competitor” isn’t Blockstream it’s Bitcoin (for tokens!) — obviously Bitcoin is the strongest chain and it’s very unlikely raven would replace it — that was never the goal, point or idea (at least from my personal POV or imho)- the better competitor is ETH who actually has serious weaknesses. Goal as I’ve always personally seen it is to work on this specific use case on a PROTOCOL level to see if it develops advantages overall — it has had some since day one — Just build good stuff and keep focusing If you want to attack someone ETH is a better target but even those folks are pretty cool — better to hope the rising tide lifts all boats!! ----- Yeah no one should care so much what I say — centralized authorities are bad I love this coin and project and community — this is why I’ve given what I think is a fair share of free work to the project — but my activity shouldn’t be so relevant (and neither should anyone else’s) ----- I don’t see it as competition and even if so it would be silly to claim this chain is stronger than Bitcoin - imho far smarter way to look at things is the way LTC and to a lesser extent cardano does: we are all in the same ecosystem ----- I’ve supported raven as best I can and will continue to — I’ve done about 15 speeches and a hundred tweets and 12 interviews and I’ve received death threats and nearly daily criticisms and accusations of being a scammer / pumper because of being such a vocal supporter — I’ve spent hundreds of thousands of dollars of my own money on support of raven — I’ve taken time from my family to fly to meet devs and I’ve spent hundreds of hours on everything from writing and research to design to chatting in forums or answering questions. I receive zero pay and zero special coins or bonus for any work or commentary I do on Raven —Every hour I spend on Raven is uncompensated and I have to skip other paying work to do - If people think it’s not enough or can do better then by all means hopefully they can step up and be spokespeople also — I offered to help others do so a while ago & will make more ppt etc when I can ----- Asset layer test net should be out in July ----- Blockstream moving into this is great news for the overall ecosystem ----- It’s a $40 trillion market ----- Personally I see it as very different ----- Raven is open sourceIf you want to compete with a company you canOr use the code and software how you choose == 2nd July 2018 - Discord 2 == I have over 150,000 social media followers and announced Raven to over 2000 conference attendees at crypto conferences including Miami BTC and Texas Bitcoin Conference It was posted by many others aside from me and retweeted and reposted by many others We had 4500 miners within a week and the network grew so fast that solo mining and cpu rigs were obsolete within two weeks To claim that no one was on the network and that some secret miner dominated the mining is preposterous and easily provably false In the very earliest days the network was widely distributed — the three largest miners (Overstock / Medici and three parties I don’t know who they are) each never reached more capabilities like messaging than 10-15% of hash power —- and that was only for a short few weeks or so in the earlier days Since then the math can easily show that for anyone to have significant network power they would have to spend a significant amount on GPU rigs — the math & metrics behind this are trivial for anyone with a basic understanding of mining and crypto It is simply impossible to have had a special advantage on the launch - all anyone could have possibly done is what early miners did:: take a big risk on early equipment-/ No one had any advantage whatsoever and dividendsthere was absolutely no premine or set aside or insta mine at all This is what is great about this tech - a blockchain is provableI guess at the ravencoin annual meeting we can ask early miners to raise hands ----- Blockstream is a company — raven is a protocol We are not competing with Blockstream
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{{#seo:
|title=Ravencoin Wiki: Fenton Files
|keywords=Ravencoin Fenton files
|description=A page capturing some of the chat posts from Bruce Fenton and the core team developers on the community chat servers. Not comprehensive, but covers most of the more important discussions.
}}
This page aims to capture some of the thoughts from [https://twitter.com/brucefenton Bruce Fenton] and some of the core devs about [http://ravencoin.org RavenCoin], it's purpose and future. It's not comprehensive, just some of the interesting comments spotted on the community chats.
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== 7 Apr 11 Nov 2018 - Discord 2 == Economics of token creation - raven ends up being exactly the same issuance schedule as Bitcoin but with this perpetual drain on total supply in the form of whatever is burned. That-/ and the fact that it’s real 100% pow coins getting burned - that means RVN assets have sort of a neat double POW / a real asset (energy) has been burned to allow assets to exist This gives them value. Not much, it’s tiny. But it does exist and that’s very different than other projects and very fascinating. ==09 Nov 2018 - Telegram Discord 2 ==Tron:Two Talking your own book is exactly ethical and legal— especially if disclosed. It’s one of the purest form of ethical interaction in commerce.Some had to not only risk public reputation to support this coin but also give miners over $ of my capital to get the coins we own. So a miner could have dumped on us and I’d be the one conned.Someone being well known or ostk backing some dev is also not relevant. Oprah or Andreas could mention this coin for five seconds and instantly have more devs added influence than paper authors. If Greg Maxwell came and said something was a security risk, people would listen etc etc. that’s how a real open source project works. In a fair launch like this it’s almost impossible to have one party have the upper hand. That’s not marketing talk or something to pump ravens structure — that’s just the truth.Projects with a fair & open launch are literally a gift to the users — anything created from those projects is created by fair work to the people. It’s absolutely incomparable to something that raised money. Nothing wrong with raising money by the way but it’s utterly and completely different from giving away something for free. It’s decentralized versus centralized. Permissioned versus free. It’s the very core of our industry. A foundational core of what open source / decentralized/ cypherpunk networks can be. Now ravencoin may be stupid, a bad idea, it may fail, it may break, it may have unforeseen problems or it might just be outpaced by any of a dozen projects trying to do the team same. All those are potentially valid debates. —- but there’s just no reasonable way to say this weekproject wasn’t fair. It’s provable on the blockchain that this was the most widely participated in and fastest growing network in history. One more next weekmay think raven is a weak project but it’s fairness is completely undeniable— if someone doesn’t believe that then they either don’t understand or believe in crypto or they don’t fully understand how this project works. By the way:: we need to spread that far and wide. People should understand that this is their project — anyone can build on it All this work we’ve done:: it’s free! All the code, the network — all that’s been invested — it all belongs to all members of the community. Anyone can use it and any one can benefit from this network. Now for 500 RVN you can create a permanent asset backed by this absolutely massive amount of hashpower. That asset can do all kinds of cool stuff. This is amazing. People don’t even see it yet. The structure is a key part. No leaders, no rulers, no centralized parties. That’s best practices. It’s harder. ==17 Oct 2018 - Discord 2 == New folks be sure to 1) download the latest wallet - recognize that this is YOUR project - it’s open source and NOT controlled by any specific people - you can build on this and use it without permission! 2) start mining — with a gpu you can get some coins to use and reserve names with but even if not then it still helps the network 3) running a full mining node helps strengthen the coin and helps everyone 4) download testnet NOW and mess with creating assets (!) this way you are ready for: 5) be ready to create real assets after mainnet launches on Oct 31 - you only get one shot at each asset name 6) register names you can use (if you register a brand name please consider giving it to the brand owner if they ask, this helps the network) 7) imho best early tokens will be game and experiments - fun things — this is still early stage and experimental — will be ready for things like securities once lots of testing in the live world — don’t take unwise financial risks - this is an experiment!- have fun and build something cool
== 5 Apr 05 Oct 2018 - Telegram Discord 2 ==
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The main code misunderstanding seems to be that ravencoin is on a great track -- one huge area of opportunity is getting volunteer devs to work on second layer projects controlled or directed by Medici or tZero
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Bruce Fenton (Discord):
I didn’t mention Raven because as soon as you mention a specific product at certain events people stop listening and are closed minded
Also so many people don’t even understand tokenized securities that it’s best to explain that first
Once they understand this concept then Rvn makes more sense
== 12 Sept 2018 - Telegram ==
Bruce Fenton:
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Tron:You’re absolutely right. We are watching the issue closely. To put it in perspective though, our block times have been roughly 1.5x the speed of BTC during the worst of it. We have already switched to DGW on testnet and Ravencoin is YOUR coinslated to move to DGW on mainnet at the end of October. Our primary concern is not the code, that’s already done. It Our primary concern is not allowing the people's coinchain to split. A real open source chain split would cause far more damage and decentralized projectconfusion than 5 minute blocks. The diff swings are a result of being profitable, then not, then profitable again, in an undamped oscillation. DGW will fix it, but it requires a hard fork where everyone must upgrade the software. This carries some risk.
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- more censorship resistant ---
- simpler / more elegant ---
- will allow dividends ---
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Tron:https://github.com/RavenProject/Ravencoin opens up not just new doors to securities but entirely new types of aligning interests/blob/master/assets/asset_metadata_spec. For example co-opsmd
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I propose that we as a community voluntarily white hat any major names like Google -/ hopefully if the published policy is real Google wants to change use it the algo community member will give it to break asics if they are createdthem at cost — but that’s optional of course
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== Older Posts ==
[[Fenton Files: April 2018 - June 2018]]
[[Fenton Files: start - March 2018]]
