So it seems many people are searching for facts and in doing so, end up in a pissing contest with the team. You call it bickering, I like this exchange because it tells me everything I need to know about the people behind the project. I would caution against telling people to stop challenging these guys, but its your money.
3 Likes
You have argued for a security issue by obscuration, while the wallet will be open source, except the validator the time we position ourselves on the market.
So, no, weāre not going to rely on obscuring the code as a security model, this is a capital sin of computer security and produces a code full of bugs and glitch.
The closure of the source of the validator, is more related to the competitivity and protection of the idea of the project, more than the security in itself.
I hope that is definitely enlightened.
@tonbi security through obscurity is not related to the state of the source code, it is about how the source is written, if you rely on the code obscurity or not in order to handle the different elements of the source.
Development has already begun:
6 Likes
Do you plan on having trusted third-parties review the code for the validator?
4 Likes
Yes it is stated into the whitepaper, validator code auditing by trusted third parties. No one wants to see DEXs run by newbies because they were able to copy paste the source from github to scam people. I have seen ICOs using copy/paste of the BTCT forum.
We will first ask the MaidSafe team if they want to audit the code as the DEX will use safeNet.
3 Likes
If I understand correctly, if I buy into the crowdsale with BTC, the NVOT will be sent to to the appropriate address, but I will not be able to see or send the NVOT if I use a regular bitcoin wallet. Then how will I know itās there? Also, does that mean the NVOT can never be transferred from that address so that the NVOS will forever be sent there?
I am interested in investing but I am confused about this.
NVOT and NVOS will be like MAID, both use blockchain 2.0, NVO will use Counterparty, MAID use Omnilayer.
If you send counterparty Asset, or an Omni asset to a bitcoin address, you wonāt have any controle over them unless you use the required environment, Omnicore or a federated node (counterparty).
If you want to have more informations, you can check these :
If you have anymore questions, please feel free to post them.
1 Like
I thought in the beginning that you were treating @tonbi unfairly, but this last comment of his is making me reconsider their competency.
@tonbi I consider my observation to be relevant, your opinions on that matter is crucial for a project that will be heavily relying on security.
Good ideas are absolutely worthless unless you have the right mindset, as everyone knows it is all in its implementation.
Your job as a CEO @tonbi in a investment round is to make investorsā concerns go away, we are not attacking you, but if you canāt stand that we voice our concerns, well good luck.
We are evaluating you, because after all, at this stage the only thing a rational investor would do is invest in your character and competency. And in that last comment of yours you showed me neither, it doesnāt give me the peace of mind I am searching for.
As an Angel Investor myself, thatās is basically what I do, I invest in people.
Ideas are worthless, it is the team that matters. And their principles.
And yes, everything you say will be used against you, and all your ideas will be challenged and mocked if it is perceived as weak or absurd, if you think this is harsh, go pitch it to a VC fund and see how well it goes with that attitude.
@nemgun thank you for your answer. That is the type of answer I was expecting to get.
Are you Yannick?
6 Likes
Keeping the dialogue going will reveal more than is possible to know about any team via a pitch deck (or lack of a good one). Im not sure anyone wants believe they in incapable. I think they deserve a chance. Keep the conversation going and let them learn how they should interact. This is nothing but a good idea (as you know) and its going to take more than fending off rude posters to bring this to fruition.
5 Likes
That is a very good question. I thought this guy was just an FOTF?
2 Likes
My name is Boudali Imed, yani is an excellent and old friend, he asked me to help him with the project, he is a developer and required someone with experience in finance, management and development. this is why i invited him in my home, in Algeria. Actually we are in my development house where we have all the required equipements to work.
I always worked alone in my development projects as i am perfectionist, i never developed for someone except to help him. There is a single person who supports working with me because i am very nervous and sometimes i can hurt the feelings of my mate when i am not satisfied by what he is doing.
At the begining i was just a supporter, in the very begining it was a multiwallet with an exchange like JAXX and EXODUS, after discussions with Yani and Ton, we went to a conclusion where we decided to create two tokens to ensure the project stays legal.
Regarding the validator, Yani had a lot of options regarding its integration, but each one had her own flaws, it is only at this moment where i decided to create the validator because there was too much flaws in the actual systems.
Personally i wasnāt aware of SafeNet, thatās why i had a look at all the documentations and made some tests. This is where i got the idea about the validatorās design, what could it do, and how could it be used with the plugins. I didnāt wanted NVO to be a common wallet like the QT versions or the JAXX COPAY EXODUS wallets, who uses technologies soon to be deprecated.
I decided to bring an idea with a plan who will live for a long time, by inspiring of what is actually existing, Bitcoin and of the way it works, i stayed long enough in the irc channels of bitcoin core devs to find what is the best policy to bring a project to life, and not to bind its lifetime to a new wallet provided by a competitor. I wanted to give it the lifetime of bitcoin.
Look at bitcoin today, there are so many blockchains and innovations, but what ever they are, Bitcoin is still on top. Today the Altcoins are complementary to Bitcoin, thatās why NVO will be complementary to Cryptocurrencies by exploiting their ressources. Thatās why the Validator couldnāt be a single block placed in single location, this is why it will be scatered into several locations. Stored into the safeNetwork, dialoging using namecoin or nexus encryption, using the safelauncher ā¦
After listening to my idead, yani allowed me to work on the Validator, thatās i made its specifications and that i am continiously improving it.
Ton wonāt convince you regarding development, however, he is one of the master pieces of the project, as he will promote the project in a very efficient manner at the production release, and regarding the team, he is always helping us by providing what ever we need regarding the development.
I do not know if he did it express or not, but he put us in contact with you, and coinpayments, our first plugin will be for them, he made sure that this project is known by a larger public. ā¦
He is very listening to the developers and receptive to our ideas, a CEO can handle everything, he does not need to have specific technical knowledge. It is upon us that the burden of idea and innovation comes back.
I have seen many other CEOs in other fields, the excellent CEO always forward their developers, and thatās what Ton did. And on this point, he has all my respect.
At first we were fighting 4-5 times a day, now we have learned to work in harmony and to know the skills of each and to work in a coordinated way within the team.
8 Likes
@nemgun This is relieving, because I was hoping you were in their team. I have the feeling that you are a nice counterweight.
As you said, the CEO doesnāt need to know the very last technical detail thatās why I was asking if his technical guy was sharing his same opinion, because that would had been not just worrying but truly alarming.
What would you say it is each oneās strengths and weaknesses?
Thanks. Since I am new to this, I guess my question is whether at some point in the future will I be able to use, say Omnicore to access the NVOT in my BTC wallet? Or whether they will be stuck there indefinitely if I donāt address this now. I understand there will be some transition period until things are fully up and running. So I am more concerned with the end game with this question.
Hello, I sent BTC from my counterparty wallet to your escrow address, when I get NVO and can view it in my counterwallet? How I can be sure everything is ok?
If you want, you can run your own federated node, and use that address for the crowdsale, you will have a full controle of the NVO tokens directly. Or you can use the counterwallet.
The tokens will be created and distributed after the crowdsale, ass soon as you will receive them into a counterparty compliant system you will be able to see and use them.
@Lackys
As long as the blockchain says that your transaction is confirmed, everything is fine.
@ both
You can use this explorer to see the counterparty tokens : https://xchain.io/
It is like : http://omniexplorer.info/
Thanks for the compliment.
Ton :
Strength: Honest and cultivated, and a great team word bearer and excellent designer.
Weakness: As soon as a person says no, he no longer wishes to speak to him. For me it is called beautiful principles, but in the business world one must see the interests of the project and know how to be more politician without being depressed.
Always wants to do well, and respond to everybody, even if sometimes he is wrong, but he prefers to respond in order to be polite.
Yani:
Strength: Very meticulous in his work, very conscientious and excellent friend
Weakness: Love sleep, worse than a koala, not taking care of himself, and is not binding enough
Me:
I donāt really know my qualities, except one, i love drangon ball and marvels.
I love my weaknesses, so let me give you some : (i could make a blockchain with them)
I like to control everything.
pretentious
arrogant
narcissistic
Uses without making express, the weaknesses of the people to insult them
All the time analyzing the personality of people to prove that I am superior, when that is not the case.
Not really sociable, I want to live in Alaska all by myself.
very nervous
I quickly get tired of everything, I divorced twice.
All the time need a new stuff to feel good
Pushes people to end
Adore abuses my authority to lead people wherever I want, NVO was originally a multiwallet sympathetic with a small DEX and small problems to be settled over time. In the final I pushed the team to do something more complex.
Does not appreciate the nice things
Most of the time, people think that I have no feelings and that I would end my life alone, except Yani who reassures me by saying "do not worry I would ask my wife to send you Spagueti bolognied by DHL ". I do not say thank you, I said ādo not worry, I love how is my lifeā.
And the list is still very very long
1 Like
I am not a designer or even a great one. I just know where and how to find people suitable for the project.
1 Like
Iām interested to hear more about how you plan to manage customer support, and how does being decentralized affect this plan?
Poor / slow customer support seems to be one of the main issues users are facing with current exchanges. Itās also one of the main issues exchanges are facing, since itās hard to find people to fill this role.
Bitstamp Please note that current response times are longer than usual.
Poloniex Heightened activity and new users mean more support tickets and man-hours spent resolving them.
7 Likes
There are a lot of ways to provide support, i personally want to use them all, BTCT, SafeForum, Slack, Reddit, Zendesk ā¦
Those are platforms. Itās how you use then that counts.
I understand, a part of the collected fees will go to a āblack walletā which will be used for several purposes, one if them is to refund users who suffered a loss due to NVO.
30% will go to the marketing
30% for the Dev Team
10% Black Wallet
10% will go to the plugin system
20% will be the benefit of NVO
These are approximative numbers, they are used here for information only. Because between a timide developer, an angel CEO, and a bad boy with a very bad english, so Alex (coinpayments) could be a good model for NVO and a great marketing manager, as he managed to get 200k users on his platfor, so i believe he will do a great job in this field, he could also manage the support communications between the users and the Team.
I would like to let you know that Yani and I will realise a video to answer peopleās questions. It would be better to aswer your questions rather then our own questions, so, could you please ask us questions ?