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Expanse Dev Team AMA (in Jumbucks Slack)

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  1. Expanse Dev Team AMA, courtesy of Slack.getjumbucks.com. #Jumbucks $JBS (10.28.15)
  2.  
  3. 10:01 <+aaltc> ama officially on??
  4. 10:01 <+aaltc> @julian: @sicarious
  5. 10:02 <+sicarious> boom, let's go!
  6. 10:02 <+sicarious> @defaced: if you want to start with a quick introduction to the coin and project, that'd be great. for those of us new to you and Expanse
  7. 10:02 <+defaced> Hello, my name is Christopher Franko, im a software engineer from eastern north carolina, ive worked on everything from marketplaces, to social networks, to mobile apps, marketing automation tools and as you all know crypto currencies. AMA
  8. 10:03 <+cryptoclub> Hi, my name is James Clayton, I have been involved in cryptos for a few years now, and help out with social media and so on.
  9. 10:04 <+cryptoclub> Horizon was my other project
  10. 10:04 <+aaltc> was?
  11. 10:04 <+cryptoclub> well, still an advisor, helping out
  12. 10:04 <+danconway> I am Dan Conway, a software engineer who has been involved in several crypto and blockchain projects, and am co-developer of the expanse project.
  13. 10:04 <+sicarious> oh nice, we have 3 of you today. represent!
  14. 10:04 <+cryptoclub>
  15. 10:05 <+defaced> Expanse is a decentralized application platform, with a focus on a community involvement through blockchain based DAO.
  16. 10:06 <+defaced> Basically those are fancy words that simply mean, a distributed virtual state machine where users can create shared software applications.
  17. 10:07 <+sicarious> can you explain a little more about "users can create shared software applications?" I'm not very techy, so what are some potential usecases that I could expect people to build on the expanse network?
  18. 10:07 <+defaced> of course
  19. 10:07 <+julian> !price exp
  20. 10:07 <+tars> *EXP on Bittrex* - `BID:` 0.00006502 `ASK:` 0.00006703 `LAST:` 0.00006802 `HIGH:` 0.00006803 `LOW:` 0.00006315 `VOLUME:` 664.22 EXP, 0.0429 BTC
  21. 10:07 <+tars> *EXP on Poloniex* - `BID:` 0.00006544 `ASK:` 0.00010236 `LAST:` 0.00010236 `HIGH:` 0.00010236 `LOW:` 0.00006110 `VOLUME:` 5444.16 EXP, 0.3702 BTC
  22. 10:08 <+defaced> In most cryptocurrencies there is a blockchain
  23. 10:08 <+defaced> a blockchain is essentially a shared database
  24. 10:09 <+defaced> bitcoin has a scripting language that allows bitcoin to do one simple thing, make transactions
  25. 10:09 <+defaced> in expanse, we also have a blockchain or shared database. But we have something else, a robust scripting language that users can use to create advanced scripts that are stored in the blockchain.
  26. 10:10 <+defaced> these scripts can be interacted with.
  27. 10:10 <+defaced> One use case, is a decentralized autonomous organization. Or an organisation whos bylaws are coded into existence.
  28. 10:11 <+defaced> another use case would be something like augur, or a decentralized prediction market
  29. 10:11 <+aaltc> @defaced: can you give us a little bit of background on why one might be interested on Expanse over Etheruem?
  30. 10:11 <+defaced> or even multisig addresses, oracles who can tell you the weather, gambling services, pretty much anything you could think an old phone could do, expanse can also do, in a way that everyone has access.
  31. 10:12 <+defaced> https://media.giphy.com/media/3o85xIO33l7RlmLR4I/giphy.gif
  32. 10:13 <+defaced> eth is great because we can build cross network applications
  33. 10:14 <+defaced> it might be cost effective to build apps on exp, exp can also spend more "gas" per app
  34. 10:14 <+danconway> Through the use of smart contracts, programmed logic can be executed on the blockchain . This can be used for simple means, like self-assuring contracts, information registries (think replacing registering vehicles DMV with the blockchain, or instead of a global centralized DNS registry for domains, a decentralized public one), to the immense: things like prediction markets like AUGUR, or an entirely open decentralized market , ranging all the way to entire enterprise organizations operated near entirely on the blockchain.
  35. 10:14 <+sicarious> perhaps you could expound on what makes EXP unique from ETH, besides the dev team.
  36. 10:14 <+sicarious> though I imagine you get asked that a lot.
  37. 10:14 <+defaced> Yea thats an easier question haha.
  38. 10:14 <+aaltc> thanks @sicarious
  39. 10:15 <+danconway> The primary difference between EXP and ETH would surely be the Decentralized Organization that manages the project, through it, all major decisions of expanse are made. Its design and whats implemented in it, its future goals and plans to implement them, management of its funds and assets.
  40. 10:15 <+defaced> ^ Agreed
  41. 10:15 <+cryptoclub> With Expanse of course we can experiment more, and the DAO will control the premine/reserve, allowing the community to participate in the experiment with their own ideas. We can try some different things than ETH, and of course speculatively with a very low marketcap there is always potential for gains for investors and traders.
  42. 10:16 <+defaced> Some technical differences are, higher block reward, longer blocktime to cut down on wasted mining, and a higher gas limit so people can build bigger apps
  43. 10:16 <+cryptoclub> The design has funding for 10 years in theory, perhaps longer. The white paper will explain more. It is pretty much ready now.
  44. 10:18 <+cryptoclub> Dan and Franko can also create Dapps, so we will be coming up with original content beyond the design itself.
  45. 10:18 <+defaced> Something else that makes us stand out is Dans beautiful GUI wallet that is complete customized and has some incredible features coming soon.
  46. 10:18 < slackbot> Soonâ„¢
  47. 10:18 <+danconway> Of course, over time, more and more difference between the projects will become apparent: we already have some custom software that isn't yet available for Ethereum etc. Since however it is our intention to follow the open source model that has become the standard in the industry, most of what we release can (and likely will) be cross implemented into ETH. The outstanding exception of course, is the Community DAO, as ethereums organizational model differs greatly from it.
  48. 10:18 <+cryptoclub> haha, yes, Soon
  49. 10:18 < slackbot> Soonâ„¢
  50. 10:18 <+aaltc> Pic of the UI?
  51. 10:18 <+julian> i’ve noticed that there has been discussions of the premine in the bitcointalk thread and that @cryptoclub mentioned that 50k EXP had already been sold on the market. with other projects like AUGUR/ETH they put out long blog posts saying how much BTC they have dumped and at what price. can we expect to see blog posts like that?
  52. 10:19 <+defaced> @defaced uploaded a file: Pasted image at 2015-10-28, 4:18 PM https://jumbucks.slack.com/files/defaced/F0DCNG56F/pasted_image_at_2015_10_28_04_18_pm.png
  53. 10:19 <+danconway> @danconway uploaded a file: wallet1.jpg https://jumbucks.slack.com/files/danconway/F0DCS5XR8/wallet1.jpg
  54. 10:19 <+julian> tor browser on desktop! drugs!
  55. 10:19 <+aaltc> Ah thanks @danconway easier to see
  56. 10:19 <+defaced> pft
  57. 10:19 <+cryptoclub> http://blog.expanse.tech (lots of pics here)
  58. 10:19 <+danconway> Maybe its for testing Tor interoperability with software in development ;D
  59. 10:20 <+defaced> :wink:
  60. 10:20 <+aaltc> kek.
  61. 10:20 <+aaltc> Agora.onion/expanse
  62. 10:20 <+aaltc> ???
  63. 10:20 <+defaced> hell no lol
  64. 10:20 <+aaltc> fuck
  65. 10:20 <+aaltc> not interested
  66. 10:20 <+aaltc> ( ͡° ͜ʖ ͡°)
  67. 10:20 <+cryptoclub> @julian I see no reason why not, we have used very little, and less than the other ETH variants.
  68. 10:20 <+cryptoclub> It is all on the blockchain, but making it as visible as possible makes sense.
  69. 10:21 <+julian> i think that posts like that would need to be made. eg. if EXP is sold for BTC, that is considered the funding model.
  70. 10:21 <+danconway> Expanse's technology certainly facilitates a decentralized marketplace though -- so it wouldn't be too surprising to see one coming soon. Although I would likely be a little different from Agora ;D
  71. 10:21 < slackbot> Soonâ„¢
  72. 10:21 <+defaced> In the future, everything will be documented in the DAO
  73. 10:21 <+julian> as opposed to an ICO where the BTC funding comes before the coin project has launched
  74. 10:21 <+sicarious> welcome @cryptoking you joined in the middle of an Expanse [EXP] Dev AMA.
  75. 10:22 <+cryptoclub> @julian I think any payments to devs should be public, what they do with it is up to them.
  76. 10:22 <+cryptoking> hi @sicarious
  77. 10:22 <+julian> sure, that would make sense
  78. 10:22 <+cryptoclub> (ideally they hold, but that is their call)
  79. 10:22 <+cryptoclub> We are very conscious of sell pressure.
  80. 10:22 <+julian> i guess what it’s lacking is “x amount of EXP was paid for the logo"
  81. 10:23 <+cryptoclub> Uhm, we paid quite a bit, but the price was lower.
  82. 10:23 <+cryptoclub> 4k?
  83. 10:23 <+julian> or “x amount of EXP was sold for BTC to pay for server costs"
  84. 10:23 <+cryptoclub> What was it Franko?
  85. 10:23 <+defaced> Yea it was 4k
  86. 10:23 <+cryptoclub> Yes, we love the logo, and he stepped up early on.
  87. 10:23 <+sicarious> yeah, I think the transparency of that is great.
  88. 10:23 <+cryptoclub> So he was rewarded.
  89. 10:23 <+aaltc> Very cool
  90. 10:24 <+aaltc> Do you have a bounty board? - tasks that need being done for exp? etc.
  91. 10:24 <+julian> it also shows people who want to get involved that payments go out to parties, etc...
  92. 10:24 <+defaced> Btw anyone who gets the gui working, let me get your address and ill send you a surprise
  93. 10:24 <+cryptoclub> :simple_smile:
  94. 10:24 <+defaced> aaltc not atm we dont, because we have been handling alot ofit by ourselves to keep the cost low, but in the future, all bounties will be funded directly by the DAO contracts
  95. 10:24 <+aaltc> i see
  96. 10:24 <+aaltc> cool
  97. 10:25 <+defaced> so anything we payout right now comes directly from out pocket
  98. 10:25 <+cryptoclub> @julian with the DAO everything will be in Dapps for payments, but I do agree we should have some sort of report in the meantime.
  99. 10:25 <+julian> cool.
  100. 10:25 <+aaltc> is there a mac wallet available?
  101. 10:25 <+cryptoclub> Yes
  102. 10:25 <+danconway> We have rewarded a few small bounties to contributors, out of our personal funds, but since it should be the community/DAOs decision to vote on bounties and rewards, and which contributors are awarded them, we have tried to hold off on them until the DAO is live.
  103. 10:25 <+defaced> http://www.expanse.tech/downloads/expwallet-mac.zip
  104. 10:25 <+cryptoclub> Although I think it does not run on El Capitan, but works on Yosemite
  105. 10:26 <+aaltc> Ah bugger.
  106. 10:26 <+aaltc> I just updated
  107. 10:26 <+aaltc> :disappointed:
  108. 10:26 <+sicarious> What specifically about your project are you most excited about?
  109. 10:26 <+defaced> mac is the devil!
  110. 10:26 <+julian> :disappointed: i heff capitan
  111. 10:26 <+defaced> the DAO!
  112. 10:26 <+aaltc> i am le capitan
  113. 10:26 <+aaltc> the fuck
  114. 10:26 <+cryptoclub> Yes, I updated as someone reported the problem, then it didn't work. Dan will update that however.
  115. 10:26 <+aaltc> is works.
  116. 10:26 <+aaltc> i quite like the gui
  117. 10:26 <+defaced> its probably why we keep talkinga bout it. I'm telling you, its going to change the world of self governance.
  118. 10:26 <+aaltc> nice work @danconway
  119. 10:26 <+danconway> It might, but there has been reports of communication issues between the deamon and interface on el capitan, it will be fixed in the next release, with a slew of other improvements and new features -- although it might be a week or so before that release comes due to other major milestones for the project being in focus
  120. 10:26 <+defaced> https://soundcloud.com/frankocollective/expanse
  121. 10:27 <+cryptoclub> @sicarious: I am excited for when people start voting and watching it all come together.
  122. 10:27 <+aaltc> is this a theme song?
  123. 10:27 <+cryptoclub> the politics I guess...
  124. 10:27 <+defaced> lol its the abstract to the whitepaper in audio form
  125. 10:28 <+cryptoclub> White Paper and Website are basically done, I was hoping it would be out before this AMA, but has to be very very soon.
  126. 10:28 < slackbot> Soonâ„¢
  127. 10:28 <+cryptoclub> :wink:
  128. 10:28 <+danconway> lol this slackbot ;D
  129. 10:28 < slackbot> okay.
  130. 10:28 <+julian> will you 3 be working on Expanse forever?
  131. 10:28 <+cryptoclub> I love it
  132. 10:29 <+cryptoclub> @julian ideally, yes.
  133. 10:29 <+defaced> @julian if i can get the nano bots that make me immortal, for sure. :simple_smile:
  134. 10:29 <+collincrypto> Your slack page is down. http://slack.expanse.tech:3000/
  135. 10:29 <+defaced> till the heat death of the universe!
  136. 10:29 <+danconway> It would be amazing if the project can keep going that long, but I don't know if technology will facilitate out lifespans to exist forever ;D You can surely expect us to be working on the project for the foreseeable future however.
  137. 10:29 <+defaced> http://slack.expanse.tech
  138. 10:29 <+aaltc> @collincrypto: it’s without the 3000
  139. 10:29 <+aaltc> they should fix that link though
  140. 10:30 <+defaced> agreed
  141. 10:30 <+collincrypto> :+1: - typo in ANN ;D
  142. 10:30 <+defaced> we also have a twitter
  143. 10:30 <+sicarious> you should hire an editor.
  144. 10:30 <+aaltc> you has a twitter?
  145. 10:30 <+aaltc> all in.
  146. 10:30 <+sicarious> !lennybot
  147. 10:30 <+defaced> send me your address and ill tip you for finding it :stuck_out_tongue:
  148. 10:30 <+aaltc> !lennyface
  149. 10:30 < slackbot> ( ͡° ͜ʖ ͡°)
  150. 10:30 <+defaced> http://www.twitter.com/expanseofficial
  151. 10:30 <+danconway> the ANN is a little out of date ;] it needs a little makeover, but there are a lot of priorities of focus currently...
  152. 10:30 <+aaltc> ah @danconway one note i might add; is the logo quality pretty low quality when you’re in the mac application switching tab
  153. 10:31 <+aaltc> Command + TAB
  154. 10:31 <+defaced> updated that link
  155. 10:31 <+cryptoclub> cool franko
  156. 10:31 <+defaced> swift fingers
  157. 10:31 <+danconway> We have a great deal of very exciting plans for the project, but are hesitant to announce anything not near release! We certainly wont be stopping development anytime soon. ;]
  158. 10:31 < slackbot> Soonâ„¢
  159. 10:31 <+julian> do you guys have a roadmap as to what you will be working on in the next 3 months say? not sure what you guys are working on.
  160. 10:32 <+defaced> Getting the DAO perfect is priority one
  161. 10:32 <+cryptoclub> The DAO, then Dapps after all of that. In wallet voting along with the DAO.
  162. 10:32 <+aaltc> @aaltc uploaded a file: Slack for iOS Upload https://jumbucks.slack.com/files/aaltc/F0DCN637X/slack_for_ios_upload.jpg
  163. 10:32 <+danconway> @aaltc: Thanks for the feedback, its scaling up a small .icms, I think I need to make it a different format for how it shows up in the previews, ill have to look into it. Both Mac development and even more so QT development are new to me with this project. ;]
  164. 10:33 <+aaltc> Gotcha; yeah no worries. lots of wallets have low res files for mac icons. I just tend to point them out. lol
  165. 10:33 <+defaced> lol
  166. 10:33 <+danconway> Will see what I can do about it ;D
  167. 10:33 <+julian> so people will need x amount of EXP to participate in the DAO?
  168. 10:33 <+defaced> pft mac
  169. 10:33 <+aaltc> This wallet seems a bit different than your regular QT
  170. 10:33 <+defaced> yes atleast 1 exp to vote in the community division
  171. 10:33 <+aaltc> Going to have to read through the documentation
  172. 10:34 <+danconway> The wallet is entirely custom
  173. 10:34 <+cryptoclub> @julian everything we are working on will be things we can deliver as well, which of course is obvious, but not always the case with Bitcointalk roadmaps.
  174. 10:34 <+defaced> something interesting about that is though, everytime they vote they earn a stat known as "influence"
  175. 10:34 <+danconway> QT is just an interface toolkit, so that the same code can generate a user interface on multiple platforms
  176. 10:34 <+defaced> the more they participate the more influence they have in voting
  177. 10:34 <+cryptoclub> They need the Whitepaper
  178. 10:34 <+cryptoclub> heh
  179. 10:35 <+defaced> we should give them the preview
  180. 10:35 <+cryptoclub> ya
  181. 10:35 <+aaltc> yes you should
  182. 10:35 <+collincrypto> defaced [3:30 PM]
  183. 10:35 <+collincrypto> send me your address and ill tip you for finding it
  184. 10:35 <+collincrypto> how about reciprocating my bitrated.com http://bitrated.com review? *shill, going for that #1 spot on the site*
  185. 10:35 <+collincrypto> lol
  186. 10:35 <+aaltc> Oh shit/
  187. 10:35 <+aaltc> bitrated circle jerk
  188. 10:35 <+collincrypto> I kid
  189. 10:35 <+defaced> collin i thought i did
  190. 10:36 <+aaltc> What is Algorithm: Dagger
  191. 10:36 <+julian> in another coin, nautiluscoin, in theory the original premine was used as a “stability fund” or buy support (sometimes). will EXP use the premine for buy support at times? or how will you counteract miners selling as well as premine selling?
  192. 10:36 <+aaltc> I’ve never seen that algo before - what’s new about it
  193. 10:37 <+aaltc> answer @julian’s question first.
  194. 10:37 <+aaltc> Algo’s can wait.
  195. 10:37 <+aaltc> lol
  196. 10:37 <+danconway> If the DAO decides to vote in a manner to do such, it may -- but we will not be utilizing exp's funds to do so.
  197. 10:37 <+cryptoclub> @julian, no, although unofficially traders can do whatever they like.
  198. 10:37 <+defaced> dagger is a memory intensive hashing algorithm
  199. 10:37 <+cryptoclub> I don't believe in stability funds
  200. 10:38 <+julian> naut really a “stability fund”. sometimes a market needs market making or buy support to help liquidity, etc..
  201. 10:38 <+cryptoclub> As for counteracting selling pressure, we have to add more value over time.
  202. 10:38 <+aaltc> Do you guys mine Expanse yourselves?
  203. 10:38 <+julian> well i guess that’s a definition of “stability fund"
  204. 10:38 <+danconway> For clarification, Ethereum and Expanse official use ethash, which is a further developed modified implementation of Dagger-Hasimoto. People still contextually refer to it as 'Dagger' or "Dagger-Hasimoto" in context of Eth or Exp, but ethash does differ from dagger-hasimoto.
  205. 10:38 <+cryptoclub> I mine Expanse, yes, 4 GPUs, not exactly a farm. I mine 24/7 though.
  206. 10:39 <+defaced> aaltc yes i mine it with two 7970's
  207. 10:39 <+defaced> its getting winter time and free heat man!
  208. 10:39 <+aaltc> lol
  209. 10:39 <+defaced> im a miner from the days btc was 25 cents
  210. 10:39 <+defaced> its my passion
  211. 10:39 <+cryptoclub> I might turn my scrypt miners back on once it is cold enough.
  212. 10:39 <+aaltc> kek
  213. 10:39 <+danconway> I mined the first 2-3 days, I was able to get about 500 ;D
  214. 10:39 <+defaced> mining is what sold me on bitcoin
  215. 10:39 <+aaltc> Where are you guys from?
  216. 10:39 <+defaced> I live in NC usa
  217. 10:40 <+danconway> Near Chicago
  218. 10:40 <+cryptoclub> I live in Texas, born in Vegas and moved around a lot.
  219. 10:40 <+aaltc> Neat
  220. 10:40 <+defaced> hbu
  221. 10:40 <+aaltc> Cali
  222. 10:40 <+cryptoclub> Yes, grew up in Cali
  223. 10:40 <+defaced> inb4 emerald triangle
  224. 10:40 <+aaltc> i dont need additional heat.
  225. 10:40 <+aaltc> lol
  226. 10:41 <+defaced> @collincrypto: im totally looking for my bitrated login info
  227. 10:41 <+aaltc> lmao
  228. 10:41 <+collincrypto> xD
  229. 10:41 <+aaltc> no one ever finds it @defaced
  230. 10:41 <+aaltc> rip
  231. 10:41 <+collincrypto> 16 random words as a password, no chance for recovery
  232. 10:41 <+collincrypto> not the best solution
  233. 10:41 <+aaltc> lmao
  234. 10:41 <+defaced> agreed
  235. 10:42 <+aaltc> kek
  236. 10:42 <+defaced> which is probably why no one ever goes back
  237. 10:42 <+aaltc> yu
  238. 10:42 <+collincrypto> yep
  239. 10:42 <+aaltc> bitrekted.com http://bitrekted.com
  240. 10:42 <+collincrypto> I get a few emails a month asking for arbitration but yeah it's brand new accounts generally
  241. 10:42 <+defaced> ive got like 10 tb of old externals im searching through atm
  242. 10:42 <+julian> will Expanse be approaching other companies to get on board? i see microsoft announced something with ethereum today
  243. 10:42 <+aaltc> loll
  244. 10:43 <+aaltc> @julian: yeah thta was interesting.
  245. 10:43 <+aaltc> Also - Did you guys hear
  246. 10:43 <+aaltc> Microsoft no longer accepts bitcoin as of this past week?
  247. 10:43 <+julian> maybe i will buy ethereum now. they seem stronk.
  248. 10:43 <+defaced> Yea its pretty cool news for consenys
  249. 10:43 <+cryptoclub> @julian initially I would say smaller crypto related things, but long term I think that is a possibility. We need a much higher marketcap first.
  250. 10:43 <+aaltc> @cryptoclub: so you’re saying this is the bottom?
  251. 10:43 <+aaltc> ( ͡° ͜ʖ ͡°)
  252. 10:43 <+keesmomma> For ltc yes
  253. 10:43 <+danconway> It's definitely far from the top ;D
  254. 10:44 <+aaltc> lol
  255. 10:44 <+keesmomma> !lennyface
  256. 10:44 < slackbot> ( ͡° ͜ʖ ͡°)
  257. 10:44 <+defaced> holy shit i found it
  258. 10:44 <+cryptoclub> My other project was 100k-200k most of the time, I certainly hope this is the bottom, and I definitely want to do better than Horizon over time, or at least match it.
  259. 10:44 <+cryptoclub> (just me personally, an ego thing)
  260. 10:44 <+aaltc> lol
  261. 10:44 <+keesmomma> So expanse will be more than hz?
  262. 10:45 <+keesmomma> Hz is horizon yes
  263. 10:45 <+keesmomma> !price exp
  264. 10:45 <+tars> *EXP on Bittrex* - `BID:` 0.00006502 `ASK:` 0.00006703 `LAST:` 0.00006703 `HIGH:` 0.00006803 `LOW:` 0.00006318 `VOLUME:` 712.63 EXP, 0.0464 BTC
  265. 10:45 <+tars> *EXP on Poloniex* - `BID:` 0.00006565 `ASK:` 0.00010237 `LAST:` 0.00010236 `HIGH:` 0.00010236 `LOW:` 0.00006110 `VOLUME:` 5444.16 EXP, 0.3702 BTC
  266. 10:45 <+collincrypto> I might have missed this, is the DAO framework and whatnot out yet?
  267. 10:45 <+cryptoclub> Correct, I think we have a great team and a lot of potential.
  268. 10:45 <+keesmomma> All in
  269. 10:45 <+collincrypto> saw mentions of that being put together iirc
  270. 10:45 <+defaced> @collincrypto: not yet
  271. 10:45 <+aaltc> soon.
  272. 10:45 < slackbot> Soonâ„¢
  273. 10:45 <+cryptoclub> The other ETH clones have anon devs, so we have an edge over them IMHO.
  274. 10:45 <+defaced> how is my pw wrong -,-
  275. 10:45 <+aaltc> lmao
  276. 10:45 <+defaced> im copying it directly from the pdf
  277. 10:45 <+aaltc> rip @defaced
  278. 10:46 <+keesmomma> Are you worried about volume?
  279. 10:46 <+defaced> id like things to grow organically
  280. 10:46 <+defaced> volume will come
  281. 10:46 <+cryptoclub> I am not worried about Volume as we are POW now and will always get it. Buy support is always my main concern.
  282. 10:46 <+cryptoking> After shit like $URO @cryptoclub do you really think anon vs. real identity gives extra confidence to a project?
  283. 10:47 <+collincrypto> it doesn't hurt
  284. 10:47 <+cryptoclub> Yes, it doesn't hurt.
  285. 10:47 <+cryptoclub> We have reps and are not going to just vanish one day.
  286. 10:47 <+julian> maybe the team needs to put buy support in the early days to show confidence in the project
  287. 10:47 <+cryptoclub> And we are not making any promises like URO
  288. 10:48 <+cryptoking> so - you're just identified, but you're not promising anything.
  289. 10:48 <+cryptoking> >_>
  290. 10:48 <+defaced> I always have buy support hanging over the market
  291. 10:48 <+cryptoclub> Cryptoking, not promising anything we can't deliver.
  292. 10:49 <+sicarious> "over?" 0_o
  293. 10:49 <+cryptoking> @sicarious: yes the ominous buy sell support
  294. 10:49 <+cryptoking> you know.
  295. 10:49 <+sicarious> lol
  296. 10:49 <+defaced> when its low i send btc and buy
  297. 10:50 <+aaltc> "where does the bitcoin go?"
  298. 10:50 <+sicarious> what do you consider "low?"
  299. 10:50 <+cryptoking> ^
  300. 10:50 <+danconway> As stated previously, we have quite a lot of plans and things in development, but we won't rush to announcing anything until its ready to go, unless its something being proposed and discussed on the DAO
  301. 10:50 <+cryptoking> looks like rekt after rekt to me.
  302. 10:50 <+defaced> well at 5k sat i can buy every expanse out
  303. 10:50 <+defaced> thats low to me
  304. 10:50 <+cryptoking> @defaced: do it.
  305. 10:50 <+danconway> if a project is making grandeous world changing claims, that's a likely yellow or red flag
  306. 10:51 <+defaced> @cryptoking: my forcing the price anywhere days are over.
  307. 10:51 <+cryptoking> @defaced: so where would you advise people to "invest" in this project.
  308. 10:51 <+julian> a question for the team. is volume evil? because i think “organic volume” doesn’t really exist.
  309. 10:51 <+aaltc> I think that’s valid.
  310. 10:51 <+defaced> whereever they feel comfortable.
  311. 10:51 <+eleven> solid question jyap
  312. 10:52 <+defaced> volume isnt evil, volume is good, volume and distribution are the goal.
  313. 10:52 <+cryptoclub> @julian volume is very important, not evil at all. Worrying about volume for me is worrying about losing a slot, and that won't happen.
  314. 10:52 <+eleven> "Worrying about volume for me is worrying about losing a slot, and that won't happen. "
  315. 10:52 <+aaltc> losing a slot?
  316. 10:52 <+danconway> Volume is good, fake volume isn't (although can be for a project to keep people interested, seeing a high volume on an exchange)
  317. 10:52 <+eleven> does this imply you will fake it to make it
  318. 10:52 <+aaltc> wat
  319. 10:52 <+cryptoclub> Being delisted.
  320. 10:53 <+aaltc> Ah
  321. 10:53 <+julian> but if EXP were to get say 60 BTC of volume, that’s obviously not organic, right?
  322. 10:53 <+sicarious> are you promoting faking volume?
  323. 10:53 <+sicarious> 0_o
  324. 10:53 <+cryptoclub> Eleven, no POW has miners that will sell regardless.
  325. 10:53 <+cryptoking> 0_o
  326. 10:53 <+sicarious> @bittrex-bill:
  327. 10:53 <+danconway> No, the opposite
  328. 10:53 <+defaced> @julian not if im all 60 btc
  329. 10:53 <+defaced> but if its 60 btc because people here like our idea, that would be organic.
  330. 10:53 <+danconway> We are saying we have no interest in faking volume, nor a need to when the project has legitimate growth merits
  331. 10:53 <+eleven> I see, What is the daily dump amount from the miners, enough to keep you listed?
  332. 10:53 <+cryptoclub> Yes it is.
  333. 10:53 <+aaltc> Hmm.
  334. 10:54 <+danconway> that also says there are that many people willing to purchase that day, as well ;D
  335. 10:54 <+aaltc> Do you guys consider Etheruem a “real” project?
  336. 10:54 <+sicarious> is EXP ever going to switch to POS?
  337. 10:54 <+danconway> Absoloutely
  338. 10:54 <+cryptoclub> Yes, EXP will switch to POS.
  339. 10:54 <+aaltc> Cause I think we can all agree their volume on poloniex is _inflated_
  340. 10:54 <+aaltc> at best.
  341. 10:54 <+eleven> volume does not equal higher prices lol
  342. 10:54 <+sicarious> I don't have a miner, but would be glad to support a good project with staking
  343. 10:54 <+eleven> could jsut bedaily dumps @ 1 sat to keep you listed
  344. 10:54 <+aaltc> cryptoclub ETA?
  345. 10:55 <+danconway> Ethereum is an amazing project, by far one of the strongest (2nd to bitcoin in my opinion, both in network advantage, and resources) and ethereum surpasses bitcoin in technological capabilities
  346. 10:55 <+aaltc> Also have any of your developers actually done the work of converting PoW to PoS before?
  347. 10:55 <+cryptoclub> imho, we will do it along with Ethereum later, and develop Dapps and other things in the meantime. Not an easy task.
  348. 10:55 <+sicarious> oh, you guys are on Polo?
  349. 10:55 <+sicarious> nice.
  350. 10:55 <+sicarious> How'd you get on polo?
  351. 10:55 <+cryptoclub> Yes, we are on Polo :simple_smile:
  352. 10:55 <+aaltc> Shill it till you make it
  353. 10:55 <+aaltc> lol
  354. 10:55 <+defaced> we are on polo, bittrex, and cryptsy
  355. 10:55 <+cryptoclub> Franko and I are pretty well known.
  356. 10:55 <+defaced> shill it until you fill it?
  357. 10:56 <+aaltc> lols
  358. 10:56 <+cryptoclub> haha
  359. 10:56 <+aaltc> i like thta
  360. 10:56 <+danconway> I have a great respect for the Eth project, its software, and its core team. I am a big fan of Vitalik. Like everyone, I share my criticisms about some of the management decisions they have made -- but that is all in retrospect. They have done quite a lot in a short time, it can be very difficult to manage such an enterprise.
  361. 10:56 <+cryptoclub> we are also on Bleutrade
  362. 10:56 <+aaltc> Answer pls >>Also have any of your developers actually done the work of converting PoW to PoS before?
  363. 10:56 <+defaced> @danconway: same
  364. 10:56 <+julian> are you afraid of other ETH clones coming along?
  365. 10:56 <+defaced> @aaltc for bitcoin variants i have
  366. 10:56 <+danconway> Not at all, we have faith in our own abilities and plans, if a team can come along to bring about big innovations on Ethereum based platforms, it will benefit us as well
  367. 10:57 <+cryptoclub> I think we compare well to the others, and I know some of their promises are not likely to happen. As for future competitors, that is an unknown.
  368. 10:57 <+defaced> i understand how pos well,. but adding it to exp, is a completely new beast
  369. 10:57 <+defaced> how pos works*
  370. 10:57 <+aaltc> @defaced: cool. Yeah; my understanding is that adding PoS is no small feat
  371. 10:57 <+collincrypto> Are any of you going to the ethereum dev conference coming up next week?
  372. 10:57 <+sicarious> @julian: you did that to Jumbucks, right?
  373. 10:58 <+julian> JBS already had PoS baked in
  374. 10:58 <+aaltc> i believe the core code already had PoS, no?
  375. 10:58 <+aaltc> yeah
  376. 10:58 <+danconway> It is a strong reality, that most crypto projects can benefit from each other more than take away from each other. Projects without legitimacy must struggle for market share over what can be gained with just an ANN and some branding, Long term projects tend to substantiate their own value, if they have it
  377. 10:58 <+sicarious> so is adding pos to EXP a change in direction from launch, since it wasn't coded in?
  378. 10:58 <+julian> at what point will the team say “ok this isn’t working” and quit?
  379. 10:59 <+cryptoking> ^
  380. 10:59 <+aaltc> Will exp move to ONLY PoS or will it do PoS in combination with PoW
  381. 10:59 <+cryptoclub> @julian if the community wanted that, I guess it could happen. I see no reason to leave however. I have other incomes and this is something I can spend free time with.
  382. 10:59 <+defaced> I'm an advocate for hybrid model
  383. 11:00 <+aaltc> @defaced: will your block time be sped up by this?
  384. 11:00 <+aaltc> i.e. 1 min PoS 1 min PoW = 30 seconds
  385. 11:00 <+defaced> thats soemthing we can certainly consider
  386. 11:00 <+defaced> the reason our blocktime is so high, is to help network propagation.
  387. 11:00 <+aaltc> Yeah I noticed that with trex deposits.
  388. 11:00 <+aaltc> >_>
  389. 11:01 <+aaltc> lol
  390. 11:01 <+aaltc> 12.5 hours later, do what you want with your expanser.
  391. 11:01 <+danconway> I am extremely familiar with PoS based on bitcoin-like code and most variations based off it. As Chris said, implementing such in ETH/EXP is a wildy different scenario.
  392. 11:02 <+aaltc> @aaltc uploaded a file: Expanse-Blewish.gif https://jumbucks.slack.com/files/aaltc/F0DCUQSS3/expanse-blewish.gif
  393. 11:02 <+aaltc> Pump Graphics!
  394. 11:02 <+danconway> 750 Blocks is the time deemed by ethereum to be the maximum logical amount for a block reorganization.... While our 1min block time facilitates for a somewhat shorter amount of confs than this, mining is not well distributed yet
  395. 11:02 <+defaced> haha
  396. 11:03 <+danconway> due to the majority of mining being concentrated to one or two major pools, deep reorganization is a potential risk, so for safety of exchanges and users, they are maintaining a 750conf
  397. 11:04 <+aaltc> I see; well i’m not particularly familiar with ETH/EXP framework. Just seems - unfortunate that EXP takes 12.5 hours to be useable from exchange to exchange when other coins can confirm in 6 minutes.
  398. 11:04 <+danconway> This will change once we have more distributed mining, but also ethereum is working on an improvement to this as well ( as it was not their intention for things to take so long either, but imposed such in retrospective analysis )
  399. 11:04 <+cryptoclub> @aaltc: wallet to wallet it is fast, just a precaution until updates take care of it in the future. Annoying now though, yes.
  400. 11:05 <+aaltc> What’s the timeline for that update are you guys thinking?
  401. 11:06 <+cryptoclub> Eventually it will be POS, but I believe Ethereum will update their code soon, and we can do the same based on that. Not sure of an exact timeline for it.
  402. 11:06 < slackbot> Soonâ„¢
  403. 11:06 <+aaltc> lol
  404. 11:06 <+cryptoclub> love that
  405. 11:06 <+collincrypto> This was posted 5 minutes ago, just a semi-related FYI: http://www.coindesk.com/microsoft-rolls-out-ethereum-toolkit-for-business-users/
  406. 11:06 <+aaltc> shiat.
  407. 11:06 <+danconway> We don't like to state dates that aren't going to be in stone, so cant really provide more than a generalization
  408. 11:06 <+aaltc> Microsoft loves eth hates btc
  409. 11:07 <+aaltc> RIP btc.
  410. 11:07 <+aaltc> @danconway: i understand; but i think timelines even if they are vague, at least ranges of time are important. As often, like you guys stated, devs over promise and undeliver.
  411. 11:08 <+aaltc> Timelines ensure that speculators will have a good range to gauge the developer’s in meeting those deadlines. at least imo
  412. 11:08 <+cryptoclub> Truth is we need the update from Ethereum, so, when they are ready, we are.
  413. 11:09 <+cryptoclub> (for that issue)
  414. 11:09 <+danconway> An improvement to exchange block-confirmations requirements will depend on eth, realistically and hopefully, it will be able to be sooner achieved through better mining distribution
  415. 11:09 <+cryptoking> Sounds like you're pretty dependent on the Ethereum dev team. Would you guys be "screwed" if the Eth team up and ran?
  416. 11:10 <+defaced> no, because then there would be an incentive to pick up and work on exp
  417. 11:10 <+defaced> our DAO
  418. 11:10 <+cryptoclub> Interesting question, if Ethereum folded up, maybe we could get more devs to join us?
  419. 11:10 <+danconway> If Eths dev team disappeared, it would be a pretty negative impact on us, but not due to the issue of confirmations
  420. 11:10 <+cryptoclub> that is very unlikely,
  421. 11:10 <+cryptoking> What would encourage people to join your project vs. other ETH clones
  422. 11:10 <+danconway> moreso, ethereum has a great deal of people contributing to it, and those benefits directly pass over to us
  423. 11:10 <+cryptoking> or simply creating their own if the trust is lost in ETH.
  424. 11:11 <+cryptoclub> As far as devs, bounties could be offered. Some will always just make their own project though.
  425. 11:11 <+danconway> I think ETH is a little better structurally organized than to be looking at it like that, however
  426. 11:11 <+defaced> @cryptoking all of those things would happen, some people would come to us, some would make their own, some would just stop working in crypto
  427. 11:11 <+cryptoclub> I am not too worried about Eth folding up, but I suppose anything is possible.
  428. 11:12 <+cryptoking> I am simply pointing out what you guys are setting up seems to have a pretty big central point of failure.
  429. 11:12 <+cryptoclub> I understand.
  430. 11:12 <+julian> will the team members be taking on other coin projects?
  431. 11:12 <+cryptoking> Ethereum devs have already stated that they are vastly underfunded.
  432. 11:12 <+julian> i want dedication before i lay down 10 BTC
  433. 11:12 <+danconway> The open community model, will and is hopefully a big appeal for people to take part in our project compared to others ; after all, a regular user can have an actual input on everything that happens with the project, rather than just voice an opinion in a forum thread and hope its adopted.
  434. 11:12 <+defaced> I work on FRK and have for 3 years.
  435. 11:12 <+julian> well new coin projects
  436. 11:12 <+defaced> Am i making anything else in the near future? Doubtful.
  437. 11:12 <+cryptoclub> @julian I can't imagine it at this point, in a few years maybe, maybe not.
  438. 11:13 <+julian> so no further projects say by 2017?
  439. 11:13 <+cryptoclub> I have worked on Horizon, an Asset I made for Horizon, and Expanse. That is it over all the years I have been in cryptos.
  440. 11:13 <+defaced> for the next few years im going to be focusing on creating services for EXP/FRK
  441. 11:13 <+cryptoclub> and I still support Horizon and HZchronos
  442. 11:13 <+cryptoking> @julian: i'd wait a bit before putting down 10 btc. maybe when it's at like 1000-2000 sats.
  443. 11:13 <+danconway> Noone can knowingfully say for sure, but none of us have any plans to, and all of us absooutely see ourselves working on this project full time for at least the next year, and much longer
  444. 11:13 <+julian> oh wow, full time? like this is your job?
  445. 11:14 <+defaced> currently its my job
  446. 11:14 <+aaltc> Dayum sun
  447. 11:14 <+cryptoclub> I own a small business, cryptos are what I do as a hobby, obsession I guess.
  448. 11:14 <+danconway> However, it is also worth noting we are adults with real life expenses, and the project is not generating income for us, so if it does not we will have to of course spend some of our developmental time on projects that will
  449. 11:14 <+defaced> it can be my job because i have tons of passive income from my past projects.
  450. 11:14 <+danconway> as without electricity or internet, or a home, it will be hard to develop expanse ;D
  451. 11:14 <+cryptoking> dumperoni
  452. 11:14 <+julian> @danconway: your full time job too?
  453. 11:14 <+danconway> This is my full time job currently
  454. 11:14 <+danconway> I work on expanse about 8 hours a day
  455. 11:14 <+defaced> I say tons, enough to pay my bills and give me spending money. ^_^
  456. 11:15 <+julian> i was not aware
  457. 11:15 <+aaltc> interdasting.
  458. 11:15 <+cryptoclub> I work many hours on it, but my business in my income. I have much higher expenses than Dan or Franko of course. (being much older)
  459. 11:15 <+danconway> Franko and James as well have contributed a great deal of their personal and professional time to the project in its early development
  460. 11:15 <+collincrypto> Ethereum has a very high burn rate due to all of their employees, expenses, etc. Are you able to share your burn rate/expenses?
  461. 11:15 <+danconway> but going into the future, it remains my primary use of professional time, and while getting important things going, most of my personal time too
  462. 11:16 <+aaltc> @cryptoclub so you’re like wat, 30? lol.
  463. 11:16 <+danconway> I am 31. ;D
  464. 11:16 <+defaced> our expenses are incredibly low, right now
  465. 11:16 <+cryptoclub> aaltc I am 47
  466. 11:16 <+aaltc> Damn.
  467. 11:16 <+defaced> im 29
  468. 11:16 <+aaltc> I thought the Crypto Cut Off was like 35.
  469. 11:16 <+julian> shit, 47?
  470. 11:16 <+cryptoclub> Thanks :simple_smile:
  471. 11:16 <+danconway> We have no intentions of spending any money that isn't necessary -- we have all witnessed far too many projects blow through their funds in this manner.
  472. 11:16 <+cryptoclub> Yes, I look young as hell. My dad is like 70, looks 50
  473. 11:16 <+julian> do you have grandkids?
  474. 11:17 <+aaltc> just me.
  475. 11:17 <+defaced> just EXP expenses is about 7 servers/nodes
  476. 11:17 <+danconway> We have awarded very small amounts of exp to people for contributions such as Logo
  477. 11:17 <+cryptoclub> No kids, just a wife and a dog.
  478. 11:17 <+danconway> then we have nodes, virtuals servers(5$ a month), a domain here or there
  479. 11:17 <+cryptoking> dog food is expansive.
  480. 11:17 <+cryptoking> damp.
  481. 11:17 <+julian> ah my dog died. i heff 2 kids now.
  482. 11:17 <+defaced> very minimal spending atm
  483. 11:17 <+danconway> Our projects total expense are less than 100$ a month
  484. 11:17 <+defaced> which gives us a long term advantage
  485. 11:18 <+cryptoclub> We can cover all the basics with the team, so we don't need to hire anyone.
  486. 11:18 <+sicarious> $100 a month? seems quite reasonable
  487. 11:18 <+eleven> at work so been in and out of this. If i understand correctly. Some of the issues you guys are having rely on ETH fixing some issues on their end before you can fix them. Do you see this as an issue in the future for bringing more people to your coin vs ETH?
  488. 11:18 <+danconway> Of course, what direction that goes in the future, is up to the community
  489. 11:18 <+cryptoclub> Eleven long term it won't matter, but right now it is a roadblock.
  490. 11:18 <+danconway> after all, the funds are held by the DAO, and must be unlocked through voting, and even then with specific limitations on how much and for what
  491. 11:19 <+defaced> eleven, short term problem, long term not as big of a deal, the more we diverge in the future the less reliant we become on them.
  492. 11:19 <+cryptoclub> I am looking at the project a year out, and concerned more about it lasting and growing, but of course early problems like that are a concern. Only temporary however.
  493. 11:19 <+danconway> To clarify -- it is not directly an issue that we are waiting on ETH to fix and reliant on them. It is a byproduct of eths design, in which they are improving. The issue is more caused by there not being enough miners, and to prevent an attack from being possible/likely, that many confirmations is necessary.
  494. 11:19 <+defaced> ^
  495. 11:19 <+danconway> If there was a major issue, we would (and in some cases have) implement our own temporary fix, until the issues is better understood by the overall community
  496. 11:20 <+cryptoking> Sounds like you guys delved into a codebase that is rather new and untested.
  497. 11:20 <+collincrypto> welcome to crypto
  498. 11:20 <+danconway> I'm not sure how you draw that conclusion
  499. 11:20 <+cryptoclub> :simple_smile:
  500. 11:20 <+danconway> It is simply that there isn't enough hashpower
  501. 11:21 <+danconway> I can explain to you technically if you like, how and why that is the case
  502. 11:21 <+defaced> @cryptoking yup lol but the good thing is, we all get to actively test for each other.
  503. 11:21 <+danconway> although I will note, you do seem to be speaking with a specific spin intent ;]
  504. 11:21 <+cryptoking> lol so, no from dan and yes from franko.
  505. 11:21 <+cryptoking> o_o
  506. 11:21 <+defaced> im saying yes, as in, its all untested code
  507. 11:21 <+defaced> from bitcoin to eth
  508. 11:21 <+danconway> let me clarify futher- yes, it is correcft
  509. 11:21 <+defaced> its how we do it
  510. 11:21 <+danconway> ethereum is new and untested
  511. 11:22 <+danconway> and we are by proxy, as well
  512. 11:22 <+defaced> we as the crypto community
  513. 11:22 <+cryptoking> lol
  514. 11:22 <+cryptoclub> They state that as well.
  515. 11:22 <+danconway> This issue however, is not related to that
  516. 11:22 <+eleven> sweet :simple_smile: eth is new and I there is a bigger learning curve compared to just BTC and others so starting out with a eth base clone is much harder than just making LTC v300 where everyone knows how to mine. DO you see mining becoming more accessible in the future for less tech savy people? like BTC did with pools and such. I know a few people that stil lcant solo mine but can mine on a pool with no issues
  517. 11:22 <+eleven> not saying that wth will get pools
  518. 11:22 <+eleven> eth*
  519. 11:22 <+cryptoking> I like LTCv300 it's faster than btc.
  520. 11:22 <+cryptoking> Exp is like 200x slower than btc.
  521. 11:22 <+defaced> eleven yes of course pools are out now for eth
  522. 11:22 <+eleven> but the mining set up process is still quite jargon heavy
  523. 11:22 <+defaced> confirmations in exp are 10x faster than bitcoin
  524. 11:22 <+cryptoclub> @cryptoclub uploaded a file: ETH https://jumbucks.slack.com/files/cryptoclub/F0DCX3L90/11.tiff
  525. 11:22 <+defaced> tx's are instant
  526. 11:23 <+danconway> A big part of our project focus is making things intuitive and available to regular users
  527. 11:23 <+julian> do you have plans to attract more miners to EXP?
  528. 11:23 <+defaced> 750 confirms is a security protocol
  529. 11:23 <+cryptoclub> Notice "Safe" crossed out? Eth is new, and still evolving.
  530. 11:23 <+danconway> starting with our GUI wallet, we have much more elaborate plans
  531. 11:23 <+defaced> but you dont have to use it
  532. 11:23 <+danconway> but its important for it to be easy for regular people to use and understand, without complex technical knowledge of whats going on under the hood
  533. 11:23 <+cryptoking> Yes - but my point being
  534. 11:23 <+cryptoclub> Julian profits attract miners, but yes, I think it can also be marketed as a good option to mine and hold.
  535. 11:23 <+cryptoking> if ethereum is not safe etc; and it's still a new frontier
  536. 11:24 <+cryptoking> relying on their consistent development is a large central point of failure.
  537. 11:24 <+danconway> That is for the puropose of disclaimer
  538. 11:24 <+cryptoclub> That is why we need the confirms, and why Eth has so many.
  539. 11:24 <+eleven> never said it wasnt safe, just new
  540. 11:24 <+danconway> Ethereum has paid quite a lot of money to lawyers, and no lawyer is going to let you put a phrase with that much liability out there ;D
  541. 11:24 <+defaced> we arnt completely reliant on it, we are diverging, slowly.
  542. 11:25 <+defaced> But as they make protocol updates we will also
  543. 11:25 <+danconway> Do consider Safe is relative... Bitcoin is or isn't safe... US Dollar is and isn't safe... Its to what metrics
  544. 11:26 <+danconway> I consider ETH safe enough to where I have a decent amount of my % savings in it (which arnt much, lol)
  545. 11:26 <+danconway> I consider BTC safer
  546. 11:26 <+cryptoclub> Yes, agreed Dan.
  547. 11:27 <+aaltc> Are there any services you are working on that will accept expanse/
  548. 11:28 <+defaced> I'm working on one called EXP.life
  549. 11:28 <+cryptoclub> I know some other devs that are working on a project for it, not announced yet.
  550. 11:28 <+defaced> a microemployment platform that will store users experience earned from doing user generated quest on the blockchain
  551. 11:28 <+cryptoclub> (That I knew from the past)
  552. 11:28 <+danconway> We are working on a number of DAPPS to highlight expanse's potential and features, as well as provide some real world use for the project as well increasing network activity
  553. 11:28 <+aaltc> What is exp.life
  554. 11:29 <+danconway> I personally have a notebook full of DAPPS enough to keep me busy for years! I'm only hoping I can produce a fraction of them
  555. 11:29 <+cryptoclub> Generally we want to focus on having lots of Dapps, utilities, and the DAO making it unique, rather than trying to redesign ETH much initially.
  556. 11:29 <+danconway> but who knows how fast this technological scape will continiue to shift
  557. 11:29 <+collincrypto> ^ on a similar note as aaltc, if investors were looking at building projects and needed to hire development work would there be a potential for discounts/joint-venture situations if it's attached to expanse, mutual benefit in a sense.
  558. 11:30 <+defaced> im open to that of course
  559. 11:30 <+danconway> Well, there is an inherint mutual benefit to anything ETh-EXP etc
  560. 11:30 <+aaltc> :smirk: smells like collusion.
  561. 11:30 <+cryptoclub> Yes Collincrypto, bounties are possible, and if nothing else, I can certainly give free promotions and advertising. Mutually beneficial..
  562. 11:30 <+danconway> If someone makes a project for EXP, it can be launched on ETH as well, and vice versa, if someone is running a for profit DAPP there isn't much reason for them not to launch it on both platforms
  563. 11:30 <+cryptoclub> Anything that helps Expanse, I am willing to promote.
  564. 11:31 <+defaced> same
  565. 11:31 <+aaltc> I am confused.
  566. 11:31 <+aaltc> Why would someone launch a project on ETH and EXP
  567. 11:31 <+defaced> aaltc because its the same code
  568. 11:31 <+cryptoclub> Oh yes, another person I know is doing a credit card crypto business, should be accepting Expanse, so I will help with advertising for it.
  569. 11:31 <+defaced> they would just copy and paste their code into an exp tx
  570. 11:31 <+danconway> Because they can offer it to the users of both
  571. 11:31 <+danconway> equally, someone else can copy their dapp and launch it on the other one
  572. 11:31 <+aaltc> :scream:
  573. 11:31 <+danconway> of course, there are front-end dapps that can be closed source
  574. 11:31 <+danconway> and you will likely see a lot of these
  575. 11:32 <+aaltc> As you can tell I'm not horribly familiar with ETH
  576. 11:32 <+eleven> CC Crypto business? care to elaborate? Sounds risky
  577. 11:32 <+cryptoclub> We are open source, they they will take it anyway, best to get credit. Other than unique options like the DAO.
  578. 11:32 <+danconway> but the contracts powering the backend will be visible to everyone, as they are public on the blockchain contracts
  579. 11:32 <+aaltc> Hm.
  580. 11:32 <+defaced> something even more interesting, i hinted on in my transmission interview a few days ago is, eth and exp can have cross chain transactions O_O
  581. 11:32 <+defaced> and virtually act as side chains for each other
  582. 11:32 <+aaltc> :scream::point_up_2::point_right::point_down::point_left:
  583. 11:32 <+cryptoclub> haah
  584. 11:33 <+aaltc> That's both interesting and confusing to me. Lol
  585. 11:33 <+cyperxnaut> its got all the buzz words :smiley:
  586. 11:33 <+aaltc> It's interesting as its cross chain. But at the same time it makes me question why I need two chains.
  587. 11:33 <+aaltc> #2chains #represent
  588. 11:33 <+coinigy-william> was waiting for rap reference
  589. 11:34 <+coinigy-william> delivered
  590. 11:34 <+cryptoclub> "eleven [4:32 PM]
  591. 11:34 <+cryptoclub> CC Crypto business? care to elaborate? Sounds risky" Just someone I know in the crypto world. He wanted me to promote his upcoming business, I said is he accepts Expanse, I can do it for him. (mutually beneficial)
  592. 11:34 <+aaltc> :smirk:
  593. 11:34 <+aaltc> :wave: @coinigy-william
  594. 11:34 <+defaced> well its just what the eth scripting language would allow, like we were talking earlier in use case. The sky is the limit.
  595. 11:34 <+eleven> I see I see
  596. 11:34 <+cryptoclub> I trust him so I am sure it is legit, but until he does it, it isn't real.
  597. 11:35 <+defaced> for anyone interested in participating, join our slack
  598. 11:35 <+collincrypto> what programming languages do you generally work with? What did you do prior to crypto?
  599. 11:35 <+defaced> http://slack.expanse.tech
  600. 11:36 <+eleven> and yeah, how does cross chain work, that seems both useful and confusing
  601. 11:36 <+danconway> I primarily use c++, javascript, I used to use php and c# a lot, recently have been using go and nodejs for more modern crypto projects.
  602. 11:37 <+danconway> python as well, is the pocketknife of most devs
  603. 11:37 <+defaced> theoretically, you would have a contract on each chain that monitors the other chain and creates special assets that represent the other chains asset.
  604. 11:37 <+julian> tipbot tip @defaced 5
  605. 11:37 < > @julian tipped @defaced 5.0 JBS
  606. 11:37 < > @julian tipped @defaced 5.0 JBS
  607. 11:37 <+julian> tipbot tip @danconway 5
  608. 11:37 < > @julian tipped @danconway 5.0 JBS
  609. 11:37 < > @julian tipped @danconway 5.0 JBS
  610. 11:37 <+julian> tipbot tip @cryptoclub 5
  611. 11:37 < > @julian tipped @cryptoclub 5.0 JBS
  612. 11:37 < > @julian tipped @cryptoclub 5.0 JBS
  613. 11:38 <+cryptoclub> To the moon!
  614. 11:38 <+defaced> I wish i could tip exp in here
  615. 11:38 <+cryptoclub> Love the bot
  616. 11:38 <+cryptoclub> soon
  617. 11:38 < slackbot> Soonâ„¢
  618. 11:38 <+julian> everyone post your EXP address. @defaced going to make it rain on you
  619. 11:38 <+defaced> !rain
  620. 11:39 <+cryptoclub> Try out the wallet if you get a chance as well, it is pretty cool :simple_smile:
  621. 11:39 <+julian> 0xd3edc0f4bcb90b6df88abb8cd5c8877e01b3436c
  622. 11:39 <+julian> ^ woo
  623. 11:39 < slackbot> Yusss!
  624. 11:42 <+aaltc> 0x753f66c106a4d353e9913551294f1c3e47fc6c7e
  625. 11:42 <+asicdog> 0x072765faaedee8fa60cf3b534e6195f9e9c1722f
  626. 11:43 <+asicdog> !rain brah
  627. 11:43 <+defaced> haha
  628. 11:43 <+cryptoclub> Thanks for hosting the AMA, it was fun :simple_smile:
  629. 11:43 <+aaltc> Thanks for joining us
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