Multicurrency clients

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virtual_master
Posts: 541
Joined: Mon May 20, 2013 12:03 pm
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Multicurrency clients

Post by virtual_master »

Ufasoft multicurrency client
Since 2 days I am trying to get working the Ufasoft multiclient on W8. I tried longer time ago and I was curious how developed in the mean time.
http://ufasoft.com/coin/
The idea is very good to support more coins. Unfortunately it is not working very well.
I started with the main altcoins: Namecoin, Peercoin, Litecoin, Primecoin and Dogecoin.
After 100 crashes so far only the Peercoin blockchain is downloaded. Dogecoin doesn't work at all. It seems to be not more stable than was a half of year ago only supporting more coins.
An interesting aspect is that if you create a new address then by every coin is created a new address. I suppose that all generated addresses in the same process are belonging to the same private key.
I will wait until the Namecoin blockchain is downloaded but that seems to be the slowest from those which are working by Ufasoft.
Last edited by virtual_master on Tue Sep 30, 2014 11:54 am, edited 2 times in total.
http://namecoinia.org/
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virtual_master
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Ufasoft multicurrency client

Post by virtual_master »

I found that the syncronization speed depends from the list order also. The Namecoin syncronization became faster then Litecoin if another list order selected then the standard one. However by 10 days remains stuck and doesn't go forward.
My conclusion is that maybe works somehow by the new coins with small blockchain but for Bitcoin, Namecoin and Litecoin is very slow or doesn't work at all.
But at least the source code was published.
https://github.com/ufasoft/coin
Last edited by virtual_master on Tue Sep 30, 2014 11:53 am, edited 1 time in total.
http://namecoinia.org/
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virtual_master
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Multicoin

Post by virtual_master »

Multicoin
http://sourceforge.net/projects/multicoin/
http://sourceforge.net/projects/multicoin/files/Source/
This seems to be another multicurrency wallet which support Bitcoin, Namecoin and other altcoins.
I am not sure what connection has to Ufasoft but has some links to the Ufasoft discussion threads.
http://namecoinia.org/
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virtual_master
Posts: 541
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Multiwalletcoin

Post by virtual_master »

Multiwalletcoin seems to be an altcoin merged with the idea of multicurrency wallet.
--------------------
That brought me to an idea.
As Namecoin is more related to Bitcoin than to any other cryptocurrency how would be to bring out a wallet which supports(at least in a limited way) Bitcoin transactions also ?

Advantage:
Bitcoin payments to BTC addresses in ID or domain fields could be executed immediately as well as NMC addresses.
Disadvantage:
Mainly the much bigger Bitcoin blockchain.

However this could be avoided with a smaller Bitcoin client version included like Elektrum. Integrating Elektrum on the other side could be a heavy programming task
How about an even lighter integration solution like small payment with an API interface to Blockchain.info ? (reliable for small BTC amounts)
http://namecoinia.org/
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biolizard89
Posts: 2001
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Re: Multiwalletcoin

Post by biolizard89 »

virtual_master wrote:Multiwalletcoin seems to be an altcoin merged with the idea of multicurrency wallet.
--------------------
That brought me to an idea.
As Namecoin is more related to Bitcoin than to any other cryptocurrency how would be to bring out a wallet which supports(at least in a limited way) Bitcoin transactions also ?

Advantage:
Bitcoin payments to BTC addresses in ID or domain fields could be executed immediately as well as NMC addresses.
Disadvantage:
Mainly the much bigger Bitcoin blockchain.

However this could be avoided with a smaller Bitcoin client version included like Elektrum. Integrating Elektrum on the other side could be a heavy programming task
How about an even lighter integration solution like small payment with an API interface to Blockchain.info ? (reliable for small BTC amounts)
A multi-coin client would have to be careful to avoid the user accidentally sending 100 BTC instead of 100 NMC, etc. There is some discussion on GitHub about Armory doing this, I think, but I don't think the Armory developers are particularly interested in it (or rather, they have higher priorities at the moment).
Jeremy Rand, Lead Namecoin Application Engineer
NameID: id/jeremy
DyName: Dynamic DNS update client for .bit domains.

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virtual_master
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Re: Multiwalletcoin

Post by virtual_master »

biolizard89 wrote: A multi-coin client would have to be careful to avoid the user accidentally sending 100 BTC instead of 100 NMC, etc. There is some discussion on GitHub about Armory doing this, I think, but I don't think the Armory developers are particularly interested in it (or rather, they have higher priorities at the moment).
Yes. You have right.
Maybe the Armory or Satoshi client or our basic client is not the proper object to start with it to implement multicurrency support.
But let's try from the other side.
How about integrating Namecoin ID support in an existing multicurrency wallet like Ufasoft or Multicoin ?
A multicurrency client is already used for multiple currencies and the users are already aware of this possibility and anyway they don't use for great sums.
If the payment with ID feature is popular then would add a plus value to that wallet without really increasing the transaction risks.
The blockchains are anyway locally are available by Ufasoft after synchronization and Multicoin doesn't use local blockchains.
http://namecoinia.org/
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