Category: General



Reddcoin Development Update – 24 Dec 2016


Merry Christmas and Happy Holidays Reddheads

A warm seasons greeting to all of you

And from each of us here on the Reddcoin Team, I would like to take this opportunity in wishing you, your families and loved ones all the best for the Christmas and Holiday period.
Where ever you are, and however you celebrate this time of year, be safe and be good to each other.

Christmas Reddcoin 2016

And now as the holiday season is upon us and 2016 prepares to give way to 2017, I would like to give our latest update of Reddcoin Development.

2016 has been quite an interesting year with lots of development throughout the crypto-sphere includign Reddcoin.

The highlights for Reddcoin during 2016 have been:

  • Release of Reddcoin Core v2.0 on August 5 (Reddcoin Github)
  • Presentation of the 2016-2017 Roadmap on September 30
  • Addition to Chinese exchange – Gobiw
  • Inclusion into a number of 3rd party projects including Exchanges, Wallets and Debit cards
  • Passing 1.5MM blocks generated

Overall, there is a lot of progress made behind the scenes. This is paving the way for the next round of Reddcoin and continuing to build the foundation. It is expected that throughout 2017 that these efforts will showcase all this good work.

Redd-ID is the social currency that rewards.

ReddID Development

Redd-ID is getting very close!!

All the pieces are finally coming together, and are being tested.
Along side this, I am working on an information portal to educate how it is all the pieces fit together.

New Team Member

It is with great pleasure that I can announce the addition of our latest team member @PixelBin.

@PixelBin has been a part of and around the Reddcoin community since the very early days. He has extensive experience in programming UI/UX and user facing web apps. His current Reddcoin related project is integrating Reddcoin as a payment channel, and I am sure he will provide some further details later.

@PixelBin will be a fantastic asset through the next stages of the Reddcoin rollout.

Please do give him a warm welcome.

New Developer Channel

We have opened a new public slack channel to help fellow developer in their quest of programming excellence.

A number of community members have already joined who are already interfacing with Reddcoin into their projects.

Discussion is open to all aspects of coding, and we have skills across quite a number of disciplines

Email me if you would like an invite (john at redd dot ink) or you can access the direct link
https://www.reddcointalk.org/topic/996/new-slack-opened-up-for-developers
Invitation is open to anyone (novice to master) interested in learning or helping.

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

Thank you everyone for a fantastic year.
It has been quite a ride, and I know in this arena things move fast, but I am confident that we now have solid platform on which to build.
There are lots of exciting projects out there, but none quite touch on the ideas I have in mind.

As always, there is still plenty to do, and there is no time for resting.

So where ever you are, enjoy the last weeks of the year, be safe and see you in 2017

Stake On!

Gnasher
(John Nash)

Seasons Greetings Reddheads


I would just like to take this opportunity to extend my thanks and appreciation to all of you and also to the broader crypto community to which we belong.

As the year comes to a close and reflect back on the year that was, there has been a lot of activity and excitement with its usual ups and downs.

It is with clarity that I look forward to advancing our efforts and start bridging the technology to the broader community during 2017

Best Regards and Seasons Greetings

John and all of the Reddcoin Team
(Gnasher)

Reddcoin Development Update – 6 Dec 2016


Broadcast

Welcome again Reddheads to the latest update of Reddcoin Development.

We are now in December and 2016 is rapidly drawing to a close. I haven’t done an update in a while now so thought I should cover off where we are up to on Reddcoin development before we reach years end.

Since the last update, all efforts are still being placed delivering on our roadmap. We want to reach our target goals as close as possible. And overall the progress is looking quite good. Redd-ID has been operational on testnet for quite some time now, and all energy is focussed on polishing the user experience.

There has been a lot to cover off with this stage of the project, and it will be a momentous step which will take Reddcoin in the right direction for a truly decentralised tipping platform.

2016 has also seen the unfortunate closing of 2 commercial tip platforms (Changetip and Zapchain). I say unfortunate because there is a technology drive to create great applications to run on a blockchain that is now gone. I cannot comment on what led to the demise of either entity, but the goal is to learn from the experience.

Ultimately, the goal of Reddcoin along with the services we are creating is to provide a social experience to reward users and encourage positive social interaction.

We don’t want to be locked to any single social network, but rather create an environment to spread the rewards as broadly as possible.

ReddID Development

ReddID is now very close!!

It is quite operational on testnet, where a user is able to create, update, transfer (and revoke) their ID.

What currently is being worked on is to wrap this up and provide an interface that will make the first round of registrations easy and straight forward.

This is being performed as a web based interface first and the goal is to launch this at the same time as ReddID

Once this work has been complete we will be opening into live testing while we migrate the platform across to mainnet

Bootstrapping ReddID

For the launch of ReddID, we are giving consideration to the various options as to how this will transpire.

As has been mentioned in previous posts, the act of registering an ID will have an associated cost (in RDD). This pricing model serves several purposes

  1. Imposing an ongoing cost on registration will help deter ID campers/squatters, particularly those who want to sweep up a number of ID’s in the early days
  2. The amount paid for an ID is returned back to the network as an additional reward for staking. The fee collected will allow users who are staking to receive a bonus reward.
  3. Unpaid or expired ID’s will return to the network and can then be claimed by a new user

To share some of the ideas, we are considering to help kick start the registration:

  1. The first operation of ReddID will be the registration of a NAMESPACE. The reward for generating and staking that block will be a substantial amount of Reddcoin (expect > 5MM RDD).
  2. The time period for generating that NAMESPACE id will be a random block within 4 weeks of going live.
  3. Invite and provide the first year of registration free for a ReddID.
  4. Ongoing promotion and advertisement on our various social media accounts

And as potential users of this system, interested in your feedback and what you feel is both fair and reasonable.

BIP66 progress

As a timely reminder for you: If you are presently staking, and you are operating an old client (1.4.1 or lower), once the network reaches 85% your blocks will not be valid and you will lose your stake reward.
Download the latest V2 wallet here

The current status is:

  1. v2.0 wallet is now at 70% and now the majority client according to bitinfocharts
  2. v4 blocks are averaging 79% (BIP66 activation)
    Imgur

Bitcointalk Reddcoin ANN Thread

While this has been on the Reddcoin team radar for quite a while now, we are still been investigating either relaunching the existing BitcoinTalk Reddcoin ANN thread, or creating a new thread.

Both options are available, and all that is needed is to rework the OP (Original Post) with updated information that reflects the current status of work and goals, along with the roadmap.

This is an exciting moment, as we have not had a strong presence on BitcoinTalk since closing the thread almost 2 years ago. The BitcoinTalk community is strong and it would establish another line of communication with the community.

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

Thank you for your patience.
I know in this arena things projects move fast, but I am confident that we now have a platform to move forward.
There are lots of exciting projects out there, but none quite touch on the ideas I have in mind.

As always, there is still plenty to do, and there is no time for resting.

So where ever you are, enjoy your week ahead

Keep on staking!

Gnasher
(John Nash)

Reddcoin Bi-Weekly Development Update


Broadcast

Welcome again Reddheads to the bi-weekly update of Reddcoin Development.

This week I am going to cover off where we are up to on Reddcoin development.

The efforts are now being placed on a range of fronts in a multi pronged approach, covering a number of aspects of the Project. All the while the main focus is on delivering the project in the order laid out in the published roadmap

ReddID Development

As you may well be aware, we have a very ambitious Reddcoin Roadmap that covers a lot of bases. The main priority is to complete the ReddID system and get it into a state that can start being used by the general public.

You may not be aware, but ReddID has been worked on over the last 12 months while development was also being done on Core and a few of our other projects.

In its current form, ReddID is operating on testnet whilst development work continues, but it is expected to switch over to the mainnet soon. Overall it is progressing very well, and at the current rate of development believe that we will hit our target deploy dates.

In the spirit of trying to make the interface into ReddID as simple and attractive as possible, we are working on providing a simple API and GUI to help kick start the registration process. This will also extended to allow for 3rd party integrations.

As per our timeline (early next year), the registration process will also integrate directly into the wallets.

Reddcoin Electrum Server and Clients

Reddcoin Electrum Client

Over the last couple of weeks, have been working on getting the Reddcoin Electrum client operational again.

A number of things needed to be addressed in the client, and to also resolve several issues regarding compiling to a self contained Windows executable (Did you know that the electrum wallet is actually written in Python).

The original Electrum Windows client(v1.0.4), had a number of items that were broken, which did not do the wallet justice operationally. Things like the plugin component are now working and we have the capability of displaying exchange rates (from a number of exchanges) within the client GUI. The new version also implements BIP44registered coin types.

BIP44 allows for the master node (seed) to be used for any number of independent cryptocoin. Although we dont have an immediate need for this, it future proofs our design. Reddcoin is registered in the SLIP-0044 document (index 4). We were very early adopters.

There are still a number of steps to be completed before having Reddcoin Electrum up to date with the current Bitcoin version, but there is now a firm foundation on this client development and in its present form could be used as is.

The updated client (v2.0.0) is almost ready for deployment as a release candidate (RC). Let me know if you are interested in testing and providing feedback.

Electrum client with exchange rates embedded

Reddcoin Electrum Server

The Reddcoin Electrum server code has also been brought up to date with the current Bitcoin release.

As a part of the testing of the client, the server can also be provided if you are interested in running a node. This is a voluntary operation, but I have some long term goals to make this a viable and cost effective activity for those of you who are technically motivated.

The Reddcoin Electrum server, along with the Electrum protocol will provide the main portal for ReddID registration and management. An advantage of this approach is that it can then be used by other third part wallet services (eg like Coinomi) if they desire.

Bootstrapping ReddID

For the launch of ReddID, we are giving consideration to the various options as to how this will transpire.

As has been mentioned in previous posts, the act of registering an ID will have an associated cost (in RDD). This serves several purposes

  1. Imposing an ongoing cost on registration will help deter ID campers/squatters, particularly those who want to sweep up a number of ID’s in the early days
  2. The amount paid for an ID is returned back to the network as an additional reward for staking. The fee collected will allow users who are staking to receive a bonus reward.
  3. Unpaid or expired ID’s will return to the network and can then be claimed by a new user

To share some of the ideas, we are considering to help kick start the registration:

  1. The first operation of ReddID will be the registration of a NAMESPACE. The reward for generating and staking that block will be a substantial amount of Reddcoin (expect > 5MM RDD).
  2. The time period for generating that NAMESPACE id will be a random block within the next 3 months.
  3. Invite and provide the first year of registration free for a ReddID.
  4. Ongoing promotion and advertisent on our various social media accounts

And as potential users of this system, interested in your feedback and what you feel is both fair and reasonable.

BIP66 progress

As a timely reminder for you: If you are presently staking, and you are operating an old client (1.4.1 or lower), once the network reaches 85% your blocks will not be valid and you will lose your stake reward.
Download the latest V2 wallet here

The current status is:

  1. v2.0 wallet is now at 68% and now the majority client according to bitinfocharts
  2. v4 blocks are averaging 75% (BIP66 activation)

Reddcoin 2016-2017 Roadmap:

The Reddcoin Roadmap has been release now for a month already.

With that, we have been pushing forward with the schedule, and if the above work is any testimony we are looking good to meet with the schedule.

Although the time-line for the roadmap is linear, a lot of the work occurring is actually overlapping as we start to bring some of the new features.

Bitcointalk Reddcoin ANN Thread

This has been on the Reddcoin team radar for quite a while now, We have been investigating either relaunching a new thread, or re-enabling the existing BitcoinTalk Reddcoin ANN thread.

Both options are available but either way, there is a bit of work to do to craft the Original Post with up to date information that reflects the current status of work and goals, along with the roadmap.

This is an exciting moment, as we have not had a very strong presence on BitcoinTalk for almost 2 years. It will be good to establish this line of communication once again with the community.

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

Thank you for your patience.
I know in this arena things projects move fast, but I am confident that we now have a platform to move forward.
There are lots of exciting projects out there, but none quite touch on the ideas I have in mind.

As always, there is still plenty to do, and there is no time for resting.

So where ever you are, enjoy your week ahead

Keep on staking!

Gnasher
(John Nash)

 

x-posted (https://www.reddcointalk.org/topic/965/state-of-the-redd-nation-november-04-2016)

Reddcoin Bi-Weekly Development Update


Broadcast

Welcome again Reddheads to the bi-weekly update of Reddcoin Development.

It has been pretty busy over the last couple of weeks since the Reddcoin Roadmap was released and the feedback has been awesome.

The roadmap now gives Reddcoin a clear direction for the growth and adoption by the broader community and from the feedback I have received already there is quite some excitement.

In the last few weeks I have had a number of interviews regarding Reddcoin. If you haven’t read yet, you may find interesting:

Reddheads (Sept 5)

Gsteele (Sept 28)

Bitcoin Dood ( Oct 10)

Reddcoin 2016-2017 Roadmap:

The Reddcoin Roadmap is already out.

With that, work has continued to meet with the schedule.

Although the time-line for the roadmap is linear, a lot of the work occurring is actually overlapping as we start to bring some of the new features.

Already we have started connecting in the Redd-ID system into Electrum server, with all initial testing successful. I am really excited for what flexibility this will bring.

Development

Our focus is on providing updates as close to the timeline sequence as possible.

The current status of development is:

  • Redd-ID: Big advancements have been made already in integration work into the electrum protocol. We now have a working base in which to add the required parameters
  • Electrum Server: Adding the foundation for layering in Redd-ID to the Electrum protocol. My development Electrum server is running this new code.
  • Electrum Wallet: Have already created an exchange plug-in for several exchanges, and working on the Redd-ID components. Also working to bring the code base.
  • Redd-ID information portal: Building a Redd-ID specific website to help educate the general public about the benefits of Reddcoin.
  • Reddcoin Dash-board: There are a few sites already for Reddcoin blockchain information, but I feel one more is needed that works closer to the changes that are being worked on.

Bitcointalk Reddcoin ANN Thread

This has been on the Reddcoin team radar for quite a while now, We have been investigating either relaunching a new thread, or re-enabling the existing BitcoinTalk Reddcoin ANN thread.

Both options are available but either way, there is a bit of work to do to craft the Original Post with up to date information that reflects the current status of work and goals, along with the roadmap.

This is an exciting moment, as we have not had a very strong presence on BitcoinTalk for almost 2 years. It will be good to establish this line of communication once again with the community.

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

Thank you for your patience.
I know in this arena things projects move fast, but I am confident that we now have a platform to move forward.
There are lots of exciting projects out there, but none quite touch on the ideas I have in mind.

As always, there is still plenty to do, and there is no time for resting.

So where ever you are, enjoy your week ahead

Keep on staking!

Gnasher
(John Nash)