January 14th, 2014 – Development Updates

1.) The TESTNET v.0.0.4is ready. Windows/Linux and MAC

MINIMUM REQUIREMENTS

Java(TM) SE Runtime Environment (build 1.8.0_11-b12)

Here is the link to the file.

Please use http://onlinemd5/to verify the MD5 and sha1.

md5

c852c9cd6cc476403ac27c0ad51c2e35

SHA-256

5ea252e747940766016b09f04c52ed451b32072d24d3bdf09d06481d3be53614

Please download the application from the original post and not from a quote. We are not responsible if someone downloads from another quote via this forum or any other versions out there that might be posted or shared elsewhere.

1.2) Double-click the testnetTilepay.bat/.shthat will automatically run the .jar file and it opens the default browser. We have not tested it on any Internet Explorer browser.

1.3) Request testnet from http://tpfaucet.appspot/andsend tohttps://testnet.counterwallet.ioaddress and TilePay BTC address.

1.4) Burn BTC for XCP and then “Create Asset (Token)

1.5) Send tokens to new Tilepay local wallet

The SPV implementation is for bitcoin at the moment. The “metacoin” spv implementation that could be used for XCP/MSC/XTC (metacoins) is being worked on by MIT. It is called VerSum.

2.1) Click on Markets to create Asset (Token). The Asset divisibility is working now. “Burning” of Tilecoinx are in development. We will start with 50 per Asset.

2.2) Here is a draft of the TilePay IoT USB Smart Card. The specs will be posted soon. Please provide feedback on the design.

We are finalizing the details.

Regards,

ASIC-8Tile

UPDATE: October 28

1.) IoT Devices (wireless/rechargeable batteries/add solar panels) and Raspberry/Beaglebone received and working with them.

2.) We will focus on the IoT development now.

3.) Building a case for the IoT devices with a very talented designer.

Here is an image of them below.

There are endless possibilities with IoT (Internet of Things).

Update: October 24, 2014

Our public multi-sig btc address will be

3Qqu5sDkvV8sRwb2mLLVJvEdX6E6CHdDfq

It will be sent to 1nYwBf2PUaKaWoxwvFMUVmHC8HskeH6Zm and then to multi-sig 3Qqu5sDkvV8sRwb2mLLVJvEdX6E6CHdDfq

We will post an Excel file to show everyone where the BTC is spent.

Update:2014-10-01

TileCoin – Initial Coin Sales on BTER – October 1st, 09:00AM CST – SOLD OUT

I.) Introduction

TileCoin is a crypto-token which enables access to a Decentralized Bill Payments/Investment Application (?App).

Overview of Features:

1.) The wallet empowers people/business to send and receive different types of cryptocurrencies;

2.) Facilitates people to find businesses and pay any type of monthly bills;

3.) Enables people to micro-invest into businesses that include ownership, lending and cash equivalents using Smart Contracts.

3.1) Use Case: Alice pays her mobile phone bill every month, during the Bill Payment process an additional option is displayed to purchase stock or partial stock.

This would be like a hybrid of Shopify and Sharebuilder in one.

Translation Update: 2014-09-28

Big thank you for the Chinese OP Translation by provenceday

TileCoin Status – Update October 22, 2014

Hi everyone

I have been watching the thread. Very good ideas that everyone has shared. Thank you for all your support. IoT will be a focus.

1.) Wallet Update

The wallet is not ready for public use. My main concern is having the Code/Security reviewed and fixed if necessary before public release.

This will take another 2 weeks minimum that includes a report on any vulnerabilities and fixes prior to release.

We have over 11,000 Source Lines of Code (SLOC) – (testnet/mainnet/testing, etc…) in one Month.

2.) Security Protocol

Please make sure to add HTTPS Everywhere to your web browser before having the wallet installed on your PC/Laptop once we launch.

3.) I have contacted BTER to ask if we can add a Vote for the community in case people want to enable trading or wait.

V1: Begin Trading on BTER without being able to download TileCoin to a wallet

V2: Allow community to download TileCoin to their wallet created on https://counterwallet.io/

V3: Wait for the Wallet to become available

4.) Decentralized Exchange

User stories created and now in breakdown phase.

5.) IoT (Internet of Things)

Hardware is ordered and awaiting shipment.

Waiting for meeting with Jeremie Miller from http://telehash.org

Firmware/Software in planning phase

Basically, Individuals/Companies can use the wallet to manage their IoT devices and be able to accept TileCoin/Bitcoin for data being transmitted from their IoT device.

6.) Mobile wallet development

We have been planning the Mobile (Android/iPhone) functionality.

7.) Bounties

Have not had a lot ideas or people asking to help.

Other languages?

Indonesian – received PM

List please…

Have coindesk interview? We are not ready for this IMO.

Website – BTC/XTC Amount??

I have contacted several companies and they have quoted over $2,500+ for developing the Website/Branding/Marketing plan.

If anyone knows someone that is qualified and has been very successful. Please send a PM.

Please share your thoughts.

P.S. This Lead is not going anywhere, I have been focused on Development/Future Architecture.

Update:2014-09-17

A quick update on what we are working on/towards.

1.) Alpha Week (internal) of September 29th, 2014

2.) Additional Functionality Roadmap/Milestones being worked on

2.1) TilePay is the wallet for TileCoin/Bitcoin and other cryptocurrencies

2.2) TileVest is the crowd-equity funding mechanism

2.3) TilExchange is the decentralized trading platform (possible cross-chain capability)

2.4) TileClub is the Investment Club

2.5) TileLend is a decentralized cryptocurrency lending platform

2.6) TileGateways is where TileCoin is converted to other cryptocurrencies and Fiat

Users download the app and merchants download the ?App to receive payments via different cryptocurrencies.

100% NEW CODE.

TileCoin – Initial Coin Sales on BTER – October 1st, 09:00AM CST SOLD OUT

TileCoinX will be transferred to BTER when the Wallet is completed.

The number of TileCoin purchased will unlock additional “Features” within the Wallet.

Date: Begins October 1, 09:00AM CST

Length: October 1, 09:00AM CST – October 9, 09:00AM CST (8 Days) SOLD OUT IN LESS THAN 48 HOURS

The price for each TileCoin is 0.00000542 BTC and the total market cap would be a maximum of 542 BTC at this time.

Any TileCoin that are not sold during the 8 days, will be distributed accordingly to their initial percentage of coins purchased.

Payment Schedule to Development Team

We will receive 3 separate payments, the first payment will be received 7 days after the launch of the alpha Windows, Mac, and Linux on October 22nd, 2014 and then the additional 2 payments would be scheduled monthly on the 22nd of November and 22nd of December, 2014. This might be before the dates stated above.

We have given some extra time for testing.

II.) Key Facts

Project Lead: asic-8tile

Team Members: 7 (Former major chat developers, IBM consultant/American Express Software Developers)

Funding: Private/100% Initial Coin Sale

Potential Coin Value: % of Network Transaction fees (P2P, P2B, B2B)

We used a Bottom-up Forecasting Model.

Forecasting is a process that has both inputs and outputs.

There are many other forecasting models, such as those involving statistical methods, the Delphi method and panel forecasting,

that might be more appropriate for any Decentralized Autonomous Organization (?AO) at later stage.

Ticker Symbol: XTC

Initial Coins: 100,000,000 of Tilecoin @ 0.00000542 BTC/EACH

Percentage of TileCoin will be burned for transactions.

Consensus Algorithm: Counterparty (BTC Blockchain/VIA Blockchain – future)

Additional Algorithms: Ed25519 signatures, AES-128, TBA

Coin Distribution: All Coins will be sold via BTER @ 0.00000542 BTC/EACH TileCoin (XTC)

Block Interval: 10 Minutes (Bitcoin)/24 Seconds (Viacoin – future)

Transport protocols: TCP/IP, μTP, TBA

III.) Organization

In discussions with Han from http://www.otonomos/for legal ?AO creation.

IV.) Technology/Features

Multi-signatures

Decentralized API

Crypto Cross-Ledger Allocations a.k.a Treechains/Sidechains

Java/JavaScript/HTML5/Bootstrap

DHT (A variant of Whānau DHT)

If you are interesting in reading the whitepaper from

Encrypted Timestamping besides blockchain timestamp

Fundraising

Invoicing

Encrypted Messaging (Bitmessage)

Recurring Payments

File sharing

Chat

Boleto (possible)

V.) Independent Code Review by prominent Community Member(s)

TBA

VI.) Software Licensing

TBA – Delayed

VII.) Budget

We will be publishing a transparent budget for all payments via blockchains explorers.

Here is the estimate for the 4 months of development.

Update: 2014-09-10 Need to update budget Spreadsheet.

VIII.) Marketing

Third-party marketing firm. TBA

IX.) Research and Development

Crypto Cross-Ledger Allocations

X.) Exchanges

Date: Begins October 1, 09:00AM CST

Length: October 1, 09:00AM CST – October 9, 09:00AM CST (8 Days)

XI.) FAQ

Q1.) Why do you only have a score of 6 out of 7?

A1.) At this point, TileCoin will receive a 6/7 Trust Score. The final trust point will be awarded upon the coin’s 1 month anniversary of being listed on an exchange.

XII.) White Paper – reference to Whānau DHT

Our white paper includes references from many different peer-to-peer publications that identify issues, solve those issues utilizing decision proposals.

One of our main concerns are DDos/Sybil attacks etc.. We reference some of the techniques described by Chris Lesniewski-LaasandM. Frans KaashoekfromMIT: Computer Science and Artificial Intelligence Laboratoryin our white paper.

What is Whānau? It means “extended family”.

Our White Paper – In progress

XIII.) Project Management Reporting

https://www.kanbanflow(Development/Project Tasks)

XIV.) Source code (closed for now)

XV.) TilePay Wallets

ALPHA COMING SOON!

Please PM if you would like to be part of the Alpha.

Send Operating System Information (Windows, MAC and Linux) with specific versions.

Thanks!

MD5 & SHA-1 signature downloads for authenticity

XVI.) Business Development/Partnerships/Merchants

Update: 2014-09-06

Shopify Partner Setup for App

1.) 30-60-90 Day Ignition Plan (Introduce and contact network of businesses already accepting Bitcoin)

P.S: Stay tuned for more details… Post some feedback.

Bitmessage: BM-2cVDiE6JWP2pHPseoxwwMky9sEftie8dNV

Sorry, had to moderate.

We will only moderate when disrespect, profanity and unnecessary FUD is utilized.

ONLY PURCHASE TILECOIN YOU CAN AFFORD TO LOSE!

XVII.) Chat Groups

Chinese QQ group Tilecoin community: QQ group number: 314611592

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