June 2016



Reddcoin Weekly Development Update


Welcome again Reddheads to another weekly update of Reddcoin Development.

This last week continued with more turbulence in the crypto-sphere as Ethereum and the DAO project were quite heavily impacted by an unexpected withdrawal of ether into a child DAO. While I am not going to comment directly on the issue(s) at hand or the actor(s) involved, it does raise some important points about trust and how ones ‘wealth’ should be stored.

Storing coins on a 3rd party service is probably the worst situation you could place yourself. As can be evidenced with exchanges like MtGox, Mintpal, Cryptsy that have since disappeared with user funds. The road to retrieving what was lost is then a long battle and usually fruitless. As I understand ALL the funds invested for DAO were stored in that single smart contract, making it a single point of vulnerability.

So when committing your hard gained worth to ‘trusted’ 3rd parties, spare a thought to how secure they are, the methods utilized and how do you protect your value.

The goals of Reddcoin include being able to transact safely on the Reddcoin network, and providing methods to do so without needing to provide all your trust in a 3rd party. This includes storing of RDD.

After the week ending with that small distraction, Reddcoin development continues to move forward.

  • Added a few small tweaks from btc 0.10 into the current wallet.
  • Discussions with interested 3rd parties on integration
  • Continue contacting various 3rd party services to advise of the new wallet.
  • Continue testing of block chain synchronisation on different platforms.
  • Creating updated official bootstrap.dat and testing.
  • Various code fixes based on feedback.
  • Continue writing up of release notes and other documentation updates.
  • Continue investigating the performance and behaviour of PoSV.
  • Resume development of ReddID

This will be another short update this week, as I have a bunch of stuff I also need to get complete.

New v2.0 Wallet and testing progress

The new wallet is now in very good shape and I am feeling quite confident on both the status, performance and behaviour. I am hoping to push out a possible public release candidate of the wallet for operating on testnet. This will be a sandboxed version to run exclusively on testnet without having to change settings to do so.

If your interested, please PM me

I have pulling in the most recent of translations from Transiflex and created a test build. With just a few minor corrections required in formatting.

In preparation of a public release of the new wallet, I continue contacting and engaging with the various major exchanges and 3rd party services to advise them that we will have an updated wallet in the near future.

Redd-ID

The new wallet is now running very well, with just a few adjustments made this last week.

My attention is now moving back to continue with my work on Redd-ID.

My current task is to prepare a technology demonstration of what work has been done so far. There is still a lot to do, so don’t take this as almost complete, but rather it is in a form that has some functionality that can be presented. All testing is being done on testnet to protect the integrity of the mainnet blockchain.

With the new wallet, there is up to 80bytes available for OP_Return transactions. This leaves a lot of scope for on-chain metadata

The goal also includes the ability to integrate into other 3rd party services very easily.

Translations

@Serkan34 has continued to do an awesome job in preparing languages to import into the new wallet. This week ha has completed Norwegian (97%) and Ukrainian (94%).

If you think his work worthwhile, please make a donation to @Serkan34 to show your appreciation.

This is the running list of desired languages, and if you like you can also check the overall running list on transiflex here..

This would be a great way to contribute.

  • French (100% completed
  • Spanish (100% completed)
  • Dutch (100% completed)
  • Russian (100% completed)
  • German (99% completed)
  • Chinese (99% completed)
  • Turkish (99% completed)
  • Swedish (98% completed)
  • Danish (97% completed)
  • Czech (97% completed)
  • Italian (97% completed)
  • Norwegian (97% complete)
  • Portuguese (96% completed)
  • Polish (96% completed)
  • Ukrainian (94% complete)
  • Icelandic (88% completed)
  • Indonesian (87% completed)
  • Romanian (82% completed)
  • Hungarian (78% completed)
  • Korean (73% completed)
  • Tagalog (15% completed)
  • Hindi (0% completed)

Getting involved

We are a global community, and cross many borders but boundaries do not need to hinder us.

The crypto currency world has not reached its tipping point yet, but when it does, it is sure to escalate at an amazing rate. There are going to be many ups and downs, and an interesting ride for sure.

If you would like to get involved and dont know where to start, reach out and we will see where you can jump in@Deadpool has a great Trello site going with activities that need looking at.


In Closing

There is still plenty to do, but I feel we are another step closer to a public release. A lot has been achieved already, and it feels like now is putting the polish on the final product.

I thank you all for your patience and support, it has been a long road, but the journey has been worth it.

So where ever you are, enjoy your week ahead

Keep on staking!

 

x-posted on (https://www.reddcointalk.org/topic/850/state-of-the-redd-nation-june-20-2016)

Reddcoin Weekly Development Update


Welcome again Reddheads to another weekly update of Reddcoin Development.

There is barely a dull moment in the crypto space. Bitcoin surged almost 20% over the weekend, creating a 2 year high, and in response a lot of alt-coins had a somewhat equivalent downtrend with Reddcoin bottoming at 5 sat. It all seems to be now settling into equilibrium again with many adjustments across the board, Reddcoin included with a steady increased volume and price (poloniex).

Also I just wanted to make a mention that it only came to my attention today (via twitter) that ChangeTip was struggling to find a buyer after its engineering team was purchased by travel start-up AirBnB. I was surprised to hear this news.

The questions I asked myself were,

  • ‘Has the generosity of people diminished?’
  • ‘Why would this occur?’
  • ‘What impact to Reddcoin?’

I think this has very little impact to what we are doing, and trying to achieve. I have a very different (I think) ideology to how to make this project a fun and enjoyable activity, certainly, paying it forward will be a part of it and encouraging people to be generous. Also, the technology I am putting together is a very different model to what that team originally created.

All in all, I am hoping for the betterment of everyone.

So the following summarises what’s been going on this last week:

  • Continue contacting various exchanges and 3rd party services to advise of the new wallet.
  • Continue testing of block chain synchronisation on different platforms.
  • Creating updated official bootstrap.dat and testing.
  • Various code fixes based on feedback.
  • Continue writing up of release notes and other documentation updates.
  • Continue investigating the performance and behaviour of PoSV.

This will be a short update this week, as I have a bunch of stuff I also need to get complete.

New v2.0 Wallet and testing progress

I am feeling quite confident on the status of the wallet, with a solid performance thus far. I continue to fix up minor issues and get the general house keeping in order.

I have pulling in the most recent of translations from Transiflex and created a test build. With just a few minor corrections required in formatting.

In preparation of a public release of the new wallet, I continue contacting and engaging with the various major exchanges and 3rd party services to advise them that we will have an updated wallet in the near future.

Translations

@Serkan34 has done an awesome job in preparing a number of languages to import into the new wallet. I think it was 10 that he mentioned in a PM to me that he had completed. I know the effort that is required to do this and he has been doing this activity over several weeks. It takes patience to complete.

This is the running list of desired languages, and if you like you can also check the overall running list on transiflex here..

This would be a great way to contribute.

  • French (100% completed
  • Spanish (100% completed)
  • Dutch (100% completed)
  • Russian (100% completed)
  • German (99% completed)
  • Chinese (99% completed)
  • Turkish (99% completed)
  • Swedish (98% completed)
  • Danish (97% completed)
  • Czech (97% completed)
  • Italian (97% completed)
  • Portuguese (96% completed)
  • Polish (96% completed)
  • Icelandic (88% completed)
  • Indonesian (87% completed)
  • Romanian (82% completed)
  • Hungarian (78% completed)
  • Korean (73% completed)
  • Ukrainian (44% completed)
  • Tagalog (15% completed)
  • Hindi (0% completed)

Getting involved

We are a global community, and cross many borders but boundaries do not need to hinder us.

The crypto currency world has not reached its tipping point yet, but when it does, it is sure to escalate at an amazing rate. There are going to be many ups and downs, and an interesting ride for sure.

If you would like to get involved and dont know where to start, reach out and we will see where you can jump in@Deadpool has a great Trello site going with activities that need looking at.


In Closing

There is still plenty to do, but I feel we are another step closer to a public release. A lot has been achieved already, and it feels like now is putting the polish on the final product.

I thank you all for your patience and support, it has been a long road, but the journey has been worth it.

So where ever you are, enjoy your week ahead

Keep on staking!

Reddcoin Weekly Development Update


Welcome again Reddheads to another weekly update of Reddcoin Development.

It probably doesn’t feel like it to you, but there is actually heaps of things going on behind the scenes with development and associated tasks.

I know myself when waiting for releases of software it can seem like it is taking an eternity to see some sort of progress from a development team (big or small), especially when you don’t have the inside scoop as to what’s going on (well a few of you have the inside scoop).

Anyway, the following list summarises what’s been going on this last week:

  • Started reaching out to contact various exchanges and 3rd party services to advise a new wallet is coming soon.
  • Testing of block chain synchronisation on different platforms.
  • Testing upgrading v2 on top of v1 blockchain.
  • Creating updated official bootstrap.dat and testing.
  • Various code fixes based on feedback.
  • Continue writing up of release notes and other documentation updates.
  • Continue investigating the performance and behaviour of PoSV.

New v2.0 Wallet and testing progress

Coding continues for the new wallet and it is now reached version v2.0.0rc1g. with lots of small improvements.

In preparation of a public release of the new wallet, I have started contacting and engaging with the various major exchanges and 3rd party services to advise them that we will have an updated wallet in the near future. I feel early communication is important so that they are not caught under prepared. The response back so far has been very good.

One of the sad moments while gettign this information, was reflecting on how many 3rd party establishments have not survived in the last 2 years. There have been so many promising services that have not been able to establish themselves, or have succumbed to theft or corruption.

The switchover behaviour on testnet using the new v4 blocks continues to perform solidly, there have been no switchbacks to v3 since the change-over.

One of the other activities needed completing was generated a new updated bootstrap.dat file to coincide with the new release. This will bring the current bootstrap sync point up to:

Block 1225000 (06/06/2016 @ 11:00am (UTC))

Also I did some comparison testing on the Reddcoin network using both the version 1.4.1 wallet and version 2.0.0 wallet and validate it with both the blockchain and bootstrap sync process.
This includes:

* v1.4.1 starting wallet with no blockchain - Full sync'd and completed successfully
* v2.0.0 starting wallet with no blockchain - Full sync'd and completed successfully
* v2.0.0 starting wallet with v1.4.1 blockchain  - Full sync'd and completed successfully
* v2.0.0 starting wallet with bootstrap.dat - Full sync'd completed successfully

One of the advantages with this new release is the improved performance of synchronising directly with the network.@Didi has previously performed a bunch of testing using many different platforms and environments. While waiting for results I performed the following performance comparison testing of the bootstrap vs normal initialisation sync methods using

  1. A high end i-7 16GB RAM SSD,
  2. A venerable P4 2GB RAM SDD (spinning disk drive).

v2.0.0 wallet initialisation

I7 pc was able to download the blockchain via the network and sync in 12 hrs (1.225MM blocks)
I7 pc was able to sync the bootstrap.dat in 8hrs
P4 pc was able to download the blockchain via the network and sync in 24 hrs (1.225MM blocks)
P4 pc was able to sync the bootstrap.dat in 16hrs

v1.4.1 wallet initialisation

I7 pc was able to download the blockchain via the network and sync in 24 hrs (1.225MM blocks)
I7 pc was able to sync the bootstrap.dat in 19hrs
P4 pc Did not complete
P4 pc Did not complete

Eye Candy

Some deserving eye candy on the progress. Album is also shared on Imjur

Send Tab
Request Tab
Transaction Tab
Debug Information
Debug Traffic
Debug Peers
Overview

Translations

Translations continue to be updated which is great to see. Thank you to all those who are contributing their time and effort.

Notable mentions this week go to:
@Serkan34 @Syar for their ongoing language contributions
I have already pulled their work into the next release candidate

This is the running list of desired languages, and if you like you can also check the overall running list on transiflex here.

  • French (100% completed
  • Spanish (100% completed)
  • Dutch (100% completed)
  • German (99% completed)
  • Chinese (99% completed)
  • Turkish (99% completed)
  • Swedish (98% completed)
  • Danish (97% completed)
  • Russian (98% completed)
  • Italian (97% completed)
  • Portuguese (96% completed)
  • Icelandic (88% completed)
  • Romanian (82% completed)
  • Indonesian (87% completed)
  • Hungarian (78% completed)
  • Polish (46% completed)
  • Ukrainian (44% completed)
  • Tagalog (15% completed)
  • Hindi (0% completed)

Getting involved

We are a global community, and cross many borders but boundaries do not need to hinder us.

The crypto currency world has not reached its tipping point yet, but when it does, it is sure to escalate at an amazing rate. There are going to be many ups and downs, and an interesting ride for sure.

If you would like to get involved and dont know where to start, reach out and we will see where you can jump in@Deadpool has a great Trello site going with activities that need looking at.


In Closing

There is still plenty to do, but I feel we are another step closer to a public release. A lot has been achieved already, and it feels like now is putting the polish on the final product.

I thank you all for your patience and support, it has been a long road, but the journey has been worth it.

So where ever you are, enjoy your week ahead

Keep on staking!

 

x-posted on (https://www.reddcointalk.org/topic/845/state-of-the-redd-nation-june-06-2016)