BTCD (Bitcoin Dark) - Bitcoin and Altcoins News

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November 28, 2015

BTCD (Bitcoin Dark)

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The BitcoinDark platform has integrated InstantDEX (iDEX), allowing decentralised trading from a range of sources within the client. The current iDEX-enabled wallet is a beta release intended for testing by the community. Feedback and support can be found on the BTCD bitcointalk forum and on the BTCD SuperNET Slack channel.InstantDEX has been in development for over a year, and this is the first time a working version has been released for public use. InstantDEX is decentralised trading middleware: a piece of software that sits between users and exchanges, allowing composite orderbooks to be built up from a number of sources, including traditional centralised exchanges such as Poloniex and Bittrex, the distributed Multigateway, and other decentralised options such as Nxt’s Asset Exchange. Trades are negotiated directly between peers in near-realtime. Nominal flat fees are charged (rather than a percentage of the trade), depending on the transaction fees and the source of liquidity. Integration of InstantDEX is a core element of BitcoinDark’s strategy to recover cryptocurrency’s ideals of decentralisation, allowing any user to trade with minimum risk from centralised exchanges and no requirements for KYC.

BTCD Webwallet beta V1 Download links:
https://bitbucket.org/BitcoinDark/repository/downloads/BitcoinDark-x64-InstantDEX-Beta-9-12-2015.rar

https://mega.nz/#!ckljXYYT!6ggZnTc-nIAdta-5eCr2Q8TBqoQYZYOpjQnjixHHhwg 



Donation Request:


Please help support BitcoinDark development by sending your donations to the following Official BTCD Donation Address: 
RDtnnLj5LQ8YMxBJbHX1N4jNKeaC67FLGW

or you can donate using BTC using the Official Multisig Donation Address:
36vQrrrjT1A8X3s56fdfkYzWzMgjSWhTWY

bitcoindark

What is BTCD?

BitcoinDark is a decentralized cryptocurrency network with groundbreaking privacy tech made possible by the well-known developer jl777 ( Code)
What makes BTCD Unique?

BitcoinDark’s technology resolves a number of issues that have limited other attempts to create privacy solutions.

  • Teleport—Allows for the anonymous transfer of funds by cloning and exchanging standard denominations of currency.
  • Telepathy—Communications sent across the network are end-to-end encrypted and are sent and received without the sender or the recipient knowing the other’s IP address.
Why is BTCD Important?

  • Allows digital currencies for the first time to have a level of anonymity similar to fiat cash.
  • Allows other digital currencies to gain BTCD’s privacy benefits—even BTC.
  • Forms the core privacy network for SuperNET.
  • Is completely integrated with SuperNET.
  • Is the conversion coin between different currencies for SuperNET.
Why Should I Invest in BTCD?

  • SuperNET continues to grow and attract new participants and developers daily, which means more users and use cases for
  • BitcoinDark’s powerful privacy features.
  • Supply of BTCD is limited (currently ~1.2 million) and will only increase by 5% per year.
  • A 1 BTCD minimum balance is required in order to use BitcoinDark’s privacy features, which leads to a supply and demand scenario ripe for higher and stable prices.
  • By maintaining a balance of BTCD, holders are rewarded by income earned through staking
  • 5% of SuperNET revenues will be used to buy and distribute BTCD as dividends creating a stable floor and upwards price pressure.




Further Reading:

*Telepathy Tech
*Teleport Tech
*Center of the SuperNetwork
*BTCD included NXT features (MGW, Asset Exchange, InstantDEX, Privatebet)


For more information about each feature, please continue reading below

 
Telepathy Technology

Telepathy offers significant advances in privacy by allowing nodes in the network to communicate without knowing the IP address of the recipient. It accomplishes this feat by routing the information through the network to a "dead-drop" address near enough to the intended recipient for them to receive it. Lots of nodes handle it, including one that can read it, but nobody knows which one.  In addition the information is end-to-end encrypted so the message could be as simple as "Hi" or it could be a high value transaction.

Quote
From the Telepathy Whitepaper: 
‘Even an attacker with perfect knowledge of the network’s traffic would be unable to determine the
identity of the recipient – and critically, the sender does not need to know either.’

Read the WhitePaper: Telepathy--Crossing the Last Mile




Teleport Technology

Anonymous teleporting of funds occurs off the blockchain but is verified using the blockchain - utilizing the benefits of a public record without leaking any personal information. BitcoinDark uses an implementation of the Teleport idea to enable trustless private transactions; teleport transmits funds via telepods by transporters. All information needed to spend funds is included in the telepod and sent via the encrypted network to the destination - the telepods are then cloned and passed around to ensure that commerce can be conducted in private.

The above is made possible because all BTCD nodes automatically become a privacyServer: the optimal decentralized solution to the problem of information leakage. The privacyServer sends the encrypted data to the destination - bouncing between jump servers making it impossible to track. This unique system makes BTCD a secure option for private and corporate use.

**Teleport has received attention from Ivy league Mathematics Professor (mthcl) who wrote the math behind the NXT paperhttp://www.docdroid.net/ecmz/forging0-5-2.pdf.html

Quote
Quote from mthcl: "OK, now I understand. Then the privacy level really increases together with the size of the telepod economy..."

For Technical Aspects of Teleport Please Read the Darkpaper: http://www.flipgorilla.com/p/23023990364728535/show#/23023990364728535/0


BitcoinDark will be at the Center of the SuperNetwork

Quote
Quote from jl777: 

For those that are still thinking if Supernetwork helps other coins, it must hurt BTCD. Let me explain the math.

100,000+ nodes will do quite a lot of InstantDEX, Teleport, Privatebet, Tradebots, etc. Plus add in dozens of additional services from other coins. In the center of all this is BTCD. We are the center of the spiral. 

BTCD is what allows all this to happen and even if just a small percentage of the overall commerce spills into BTCD revenue share it will be a giant boost to the value of BTCD.


For More information about the SuperNetwork and it's importance check out the following:

http://209.126.70.170/SuperNET.pdf
https://forum.thesupernet.org/index.php?topic=41.0
http://thesupernet.org/



SuperNET enabled BTCD allows access to all SuperNET Services

BTCD will be at the core of the entire cryptocurrency supernetwork and the following features will be integrated:

MultiGateway (Integrated)

Multigateway (MGW) is a third party service developed on top of the NXT network that allows you to move cryptocurrencies in and out of the NXT Asset Exchange,the peer-to-peer exchange that offers decentralized trading with no trading fees.

Asset Exchange(Integrated)

Asset Exchange is a decentralized marketplace. It is where any any asset, digital or physical, can be traded peer to peer without the need for a centralized third party. The Asset Exchange concept is often generally referred to as Coloured Coins in the cryptocurrency world.

Coinomat(Integrated) 

Coinomat services are integrated into the SuperNET release, which can be downloaded from Multigateway official website. Using the software you can exchange all crypto- and e-currencies supported by Coinomat directly in client, including withdrawal to bank cards. 

InstantDEX(v.1 Release)

The goal of InstantDEX is to provide a fully decentralized peer-to-peer realtime trustless trading environment.  InstantDEX will allow for trading of any NXT asset, BTCD, bitcoind-crypto against each other.

Privatebet(v.2 Release)

Privatebet will allow people to make bets directly with each other in a decentralized way. It will let people create their own personal bet with a designated arbiter in addition to automatically supporting a range of standard events with betting interest, like sports betting. Privatebet will only accept crypto and no personal information will be required from its customers.  In addition, when combined with BTCD Teleport Privacy Tech, personal bets and transactions will remain completely private.

Additonal SuperNET services that will use BitcoinDark's Privacy Tech

  • Pangea--Decentralized Poker
  • Freemarket--Decentralized Market for trading
  • Cryptocard--Anonymous Debit Card for Crypt => Cash Withdrawals
  • NeoDice--Decentralized Dice






For Recent Updates Check the following:

bitcoindark.pw

http://www.twitter.com/BitcoinDark













**Total Number of Coins**: ~1.2 Million
**Target Blocktime**: 1 minute
**Confirmations**: 10 Confirmations
**Time to Maturity**: 110 Confirmations
**Proof of Stake Reward**: 5% per year
**Minimum Coin Stake Age**: 8 hours

Source Code: https://github.com/laowais/bitcoindark

Config:  

BitcoinDark.conf
Code:

Code:
rpcuser=user
rpcpassword=pass
rpcport=14632
port=14631
daemon=1
gen=1
server=1
addnode=107.170.59.196
addnode=146.185.188.6
addnode=74.91.20.250:39997
addnode=54.85.50.15:50288
addnode=107.170.148.50:14631
addnode=65.129.66.246:57762
addnode=31.220.4.41
addnode=98.226.66.65
addnode=193.219.117.63
addnode=62.210.141.204
addnode=128.199.172.165
addnode=192.99.143.114
addnode=178.20.169.208
addnode=195.34.100.2:42038
addnode=5.101.107.239:60056
addnode=ps00.bitcoindark.ca
addnode=ps01.bitcoindark.ca
addnode=ps02.bitcoindark.ca
addnode=ps03.bitcoindark.ca
addnode=ps04.bitcoindark.ca
addnode=ps05.bitcoindark.ca
addnode=ps06.bitcoindark.ca
addnode=ps07.bitcoindark.ca
addnode=ps08.bitcoindark.ca
addnode=ps09.bitcoindark.ca
addnode=ps10.bitcoindark.ca
addnode=ps11.bitcoindark.ca
addnode=ps12.bitcoindark.ca
addnode=ps13.bitcoindark.ca
addnode=ps14.bitcoindark.ca
addnode=ps15.bitcoindark.ca
addnode=ps16.bitcoindark.ca
addnode=ps17.bitcoindark.ca
addnode=ps18.bitcoindark.ca
addnode=ps19.bitcoindark.ca
addnode=ps20.bitcoindark.ca
addnode=107.170.59.196
addnode=146.185.188.6
addnode=74.91.20.250:39997
addnode=54.85.50.15:50288
addnode=107.170.148.50:14631
addnode=65.129.66.246:57762
addnode=31.220.4.41
addnode=107.170.44.31
addnode=101.103.54.206:51222
addnode=120.148.149.13:54338
addnode=184.100.114.11:63310





Windows: 

BITBUCKET: https://bitbucket.org/BitcoinDark/repository/downloads/BitcoinDark-QT-auto-conf.rar

MEGA:(Auto-Conf)https://mega.co.nz/#!U0d1QShC!W2RllvIRWPBYbMNbd0mgoo9LZRPfaI_gv7AwCGUCo3g
  SHA-1 Hash: d6a48339b413660334cb5442c8f8259469a7dc5c

If you are having wallet sync problems, please use the following instructions:

1) download new wallet.

2 ) back up old wallet.

3) windows start menu type %appdata%  this brings up your roaming folder.

4) navigate to bitcoindark folder

5) download and replace your peers.dat with the following: https://yadi.sk/d/kN7-KnNsewy45


Mac OSX: 

BITBUCKET: https://bitbucket.org/BitcoinDark/repository/downloads/BitcoinDark-Qt.dmg

MEGA:https://mega.co.nz/#!p4dUiR7Z!SEsbCGP4JVYGdZmavdj7uKYfmnUI5RX7k8izrnMS8ek SHA-256 Download Checksum: 7b8ec1fa4105ea078bf3e40420db07f555c3bda3281a7224016f44a73c4b2e32


Need help or are having problems syncing with the Mac wallet, please read the following: https://bitcointalk.org/index.php?topic=684090.msg11529219#msg11529219

Download the Config File here: https://mega.co.nz/#!MhFjhYZb!hyGVTLxwYiaw3NEp451I7wu-9jDT8QCNfKWnR4eV2P4

Linux Build: (from Stuntruffle)

To get the basic qt wallet running on a fresh install of Ubuntu 14.04.1:

1) Ctrl+Alt+T to open terminal

2) sudo apt-get update

3) sudo apt-get install curl

4) sudo apt-get install libcurl4-openssl-dev

5) sudo apt-get install qt5-default qt5-qmake qtbase5-dev-tools qttools5-dev-tools \
    build-essential libboost-dev libboost-system-dev \
    libboost-filesystem-dev libboost-program-options-dev libboost-thread-dev \
    libssl-dev libdb++-dev

6) sudo apt-get install git

7) git clone https://github.com/laowais/bitcoindark

8.) cd bitcoindark

9) qmake "USE_UPNP=-"

10) make -j 3 -f Makefile

You should be good to launch the client now if there were no major errors along the way.

11) go to bitcoindark folder and double-click bitcoindark-qt.exe to launch client

12) go to home folder and press Ctrl+H to show hidden files

13) open hidden .Bitcoindark folder in order to access your wallet.dat file

14) create new text file within hidden .Bitcoindark folder and rename it to BitcoinDark.conf

15) copy/paste configuration file from bitcointalk OP into this text file

16) change "user" and "pass" in BitcoinDark.conf file to something unique and save it









Opportunities will be posted on the website: http://bitcoindark.pw/

If anyone would like to participate in the development process, please make a public post in the forum thread.


































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