Allcoin down? DDOS?

nikolaso · February 22, 2015, 10:37am

this message is on the site:

Error code 18
Incapsula cannot service requests to the web site you are trying to access (The site was probably removed from the service because it is in violation of our terms of service or if it is under a DDoS attack and site service plan does not cover DDoS mitigation).

willy · February 22, 2015, 10:38am

I’m getting no error at all… Host not resolved.

When will this end…

cryptog · February 22, 2015, 10:45am

Maybe it s the threat made by the hacker a few days ago being executed…

willy · February 22, 2015, 10:47am

It’s time for a good decentralized exchange.

cryptog · February 22, 2015, 11:10am

How a decentralized exchange will prevent DOSS attack?

willy · February 22, 2015, 11:13am

there is no central server to attack, you would have to attack every single node.

cryptog · February 22, 2015, 11:18am

Wo. So the exchange will be distributed. We need that asap.

willy · February 22, 2015, 11:19am

there are some things in developement for bitcoin. e. g. https://bitsquare.io/

nikolaso · February 22, 2015, 11:21am

Is anybodu working on decentralised exchange? did we have any proposals about it???

willy · February 22, 2015, 11:30am

Inside NuNet? Not that I know of.

tehter · February 22, 2015, 1:49pm

I’m working on a decentralized exchange.

willy · February 22, 2015, 1:51pm

Can you provide us with a bit more details :)?

tehter · February 22, 2015, 1:57pm

I can say I’m not using atomic swap or any other offered methods. They all have flaws and are slow.

I believe I have found a method using green-address like multi-sig tunnels to let instant decentralized trades happen. It is not ready to be open sourced and there is a lot of money to be made selling ideas on crowd funding platforms or to VCs in this environment so I rather not give out too many details.

willy · February 22, 2015, 2:00pm

What interest would VCs have in a distributed/decentralized exchange concept?

I’m serious. How would a developer generate revenue from a successfully running decentralized exchange?

Edit: Question rephrased

nikolaso · February 22, 2015, 2:10pm

i suppose he gets small fee from each transaction on his wallet like in centralized exchange

tehter · February 22, 2015, 2:11pm

You are right, the exchange I’m building the developer would make no money but there are models where fees could be paid to users running required daemons (nodes).

tehter · February 22, 2015, 2:12pm

Bad model

tehter · February 22, 2015, 2:12pm

How much money did Allcoin have? No error is very bad sign.

willy · February 22, 2015, 2:15pm

Mh. You mean a bit like MultiBit does?
(MultiBit users automatically donate a very small fraction when they transfer BTC using it)

@tehter Looking forward to reading your concept.

tehter · February 22, 2015, 2:19pm

Money is made by selling ideas on crowd funding platforms and asking for donations. So now developers make more money making pretty websites over making working proof of concepts. That is why I don’t give idea out.

How much money did Allcoin have? No error is very bad sign. I had no NSR on there, I got mine on CCEDK.