Dev Meeting Transcript (June 25, 2021)

[4:01 PM] Tron: Hello :wave:

[4:04 PM] RamboNTanga: Hello everyone! I wanted to volunteer to do some work. I have experience in C++ and Python mostly in the Embedded world and LInux. Though I would also find interesting to work creating medium posts to promoted how-tos and similar for the community

[4:05 PM] brianmct: Welcome! C++ and Python are used a lot in Raven core code and in community projects like Electrum so definitely would appreciate your help :slight_smile:

[4:05 PM] Tron: Welcome RamboNTanga

[4:06 PM] Tron: Thanks for your help.

[4:07 PM] RamboNTanga: No problem, I find the project very interesting and would like to contribute grow :slight_smile:

[4:07 PM] Tron: There are SIGs (Special Interest Groups) for core, Electrum, and Rosetta API

[4:07 PM] brianmct: In terms of potential projects; I'd ask around in #electrum-sig-working ; kralverde has been working on getting Electrum (written in Python) to work with assets recently and I think he's also been working with the Ledger firmware side as well (embedded C, I think)

[4:08 PM] brianmct: There's probably going to be some work as well to get Electrum asset sending working with Trezor (another hardware wallet) too

[4:08 PM] kralverde: Yup im finalizing the firmware for ledger now

[4:08 PM] kralverde: Gonna PR today

[4:10 PM] Hans_Schmidt: And a SIG for a blue-wallet derived mobile wallet called moontree

[4:11 PM] brianmct: Documentation / medium posts / how-to's would also definitely be welcome; we've had a few people ask in #development about how to get started working with Ravencoin in the past week or two

[4:12 PM] brianmct: We do have a wiki at http://raven.wiki/ but it's lacking in technical information from what I can tell

[4:12 PM] RamboNTanga: I was also considering the idea of setting up docker containers for Raven Core so they would be super easy to upgrade between versions, but don't know if there has been anything done on that topic.

[4:13 PM] RamboNTanga: Yeah I would love to help on this

[4:13 PM] brianmct: I think kralverde and Ben have made some attempts to collate some of the technical info / specs into a single page but I'm not sure what the progress on that front is

[4:13 PM] kralverde: Just assets

[4:13 PM] kralverde: I have a rough draft for ravencoin.org will work on it some more

[4:15 PM] Tron: Some Ravencoin.org pages were updated today.

[4:17 PM] Hans_Schmidt: It will always be a work-in-process. But it is already the most comprehensive document avalable describing the protocol-level differences from bitcoin (other than the source code).

[4:17 PM] brianmct: Another exciting thing that's been happening recently is Ben 's https://raventrader.net/ and Raven Trader Pro (https://github.com/ben-abraham/raven-trader-pro) for atomic swaps with assets. We've had a few people ask for help for setting up the software; if you would be interested in making a Medium post (or Youtube video) with a how-to guide for setting up the software and performing swaps with it I think it could get more people to play around with RVN assets and atomic swaps :slight_smile:

[4:19 PM] Hans_Schmidt: Tron A few meeting ago there was discussion of a stablecoin project which you were reviewing. Any update on that? Have they made a formal proposal?

[4:20 PM] Tron: I don’t have their formal proposal.

[4:20 PM] RamboNTanga: Great I'll be contacting kralverde and Ben to see how I can help

[4:22 PM] Tron: I can reach out at any time. The cost is around $120k. They did modify their proposal so all the code they do related to the project will be open source. For mint/burn etc for managing the stable coin.

[4:32 PM] Tron: For $120K they handle the minting/burning and the market making. They use a custodian for storing the USD.

[4:33 PM] kinkajou: I can see more benefits to having a stablecoin on RVN now that we have working on-chain atomic swaps and a decent amount of interest in future applications for them as it relates to DeFi.

[4:34 PM] Dream Wanderer: Besides the current projects, what else is needed for ravencoin to be more widely used? How can rvn compete or be integrated with the DeFi community?

[4:36 PM] Tron: Once P2SH is activated, it would be great to be able to hop Ravencoin Assets onto other chains the way pRVN hops onto Binance Smart Chain.

[4:37 PM] PolarisAltmis: Is it possible to create lockable Ravencoin wallets? That when you set it up for the first time, you can put a 12 year lock on it where no funds can be transferred out or withdrawn from it before that date? A hard lock that can't be cracked or undone because it was established when the wallet was setup? This could be used for something like a long term savings fund for graduation or essentially like a general crypto trust fund. Thoughts on this? https://www.reddit.com/r/Ravencoin/comments/o6eej8/ravencoin_crypto_college_funds_restrictinglocking/

[4:39 PM] Tron: I think time lock contracts work. Ravencoin was forked after it was added to BTC.

[4:42 PM] kinkajou: https://en.bitcoin.it/wiki/Hash_Time_Locked_Contracts

Has anyone tried HTLC's for assets? Potentially opens up some interesting use-cases once we get P2SH for cross-chain swaps

Hash Time Locked Contracts

[4:43 PM] Tron: P2SH should open that up for assets.

[4:44 PM] PolarisAltmis: HTLC could then allow for crypto trust funds essentially for long term savings. It would be nice to be able to track how much RVN or Assets are locked up in HTLC. Would that be public or private?

[4:45 PM] Tron: P2SH hides a lot of what it takes to spend the output, but the inputs are public.

[4:47 PM] PolarisAltmis: What are the thoughts on coming together to create an NFT Alliance? Essentially a group of people that would be interested in launching an NFT based platform on Ravencoin. The NFT Alliance could outsource to a website like Upwork to have a website template built like Rarible that allows for profile pages that showcase NFTs purchased. Users could buy and sell NFTs on the NFT platform and showcase them on their profile page. After the template is developed, it is shared out to all members of the alliance and made available to the general public as open source code. It might also be listed on Envato where it can be purchased with some level of support, paying volunteer devs to monitor and help people set it up that buy through there. I see a future where millions of websites are going to want to have NFT functionality on their websites to buy and sell art, fundraise, and use them for very niche purposes like on forums and in contests. I think we can get ahead of this if we create an NFT platform that is somewhat like vBulletin is for forums that people can add like a tab to their website but it's based on Ravencoin. Thoughts on this? https://www.reddit.com/r/Ravencoin/comments/o5d4fd/ravencoin_nft_alliance/

[4:49 PM] kinkajou: I like the idea but it sounds a bit outside the scope of core development

[4:52 PM] WhaleStreet: A few of us have begun exploring how we might expand RVN's capabilities so that it can be better used for Defi. This research is in the very early preliminary stages. Currently we are researching covenants and oracles. You can see our brief discussion in the #development chat.

[4:53 PM] Tron: Agreed. I support the idea. Ravencoin is a great platform for NFTs.

[4:54 PM] PolarisAltmis: The NFT platform would be outsourced to Upwork. Doing a search on there, others have posted NFT platform building jobs in the $15k-$45k range. It's expensive for most people, but if crowd sourced or funded partially through the foundation, the final created platform could be shared out to the general public to use on lots of websites.

[4:56 PM] PolarisAltmis: It would just need someone closer to dev who could monitor the job request to assure it meets current capabilities and possibly long term capabilities coming.

[4:58 PM] PolarisAltmis: This would help websites prepare to use all the asset features coming and increase adoption. I feel like a firm on Upwork might take it on for $5k, just have to list it and see.

[5:09 PM] Dream Wanderer: PolarisAltmis what kind of skills would the group in the NFT Alliance needs to have?

[5:17 PM] PolarisAltmis: Just a desire to use the NFT platform on a website or to have an interest in promoting it or helping local businesses in their area adopt it. They could have bigger plans to make a large scale niche NFT site where they take the platform, combine it with a forum, and target a niche. But really anyone who has an interest in learning about NFT integration in websites and possibly using it.

[5:18 PM] PolarisAltmis: Once the platform is built, I can create videos on how to use it and integrate it into a website.

[5:19 PM] PolarisAltmis: Once we have a base platform built, people can build skins, modifications and improvements to it if they want. But it would be a start so websites could add Ravencoin NFT capabilities to their website.

[5:20 PM] PolarisAltmis: What I envision is companies using it for the distribution of coupons, gift cards, and possibly fundraising or to even take direct payments.

[5:24 PM] Dream Wanderer: Would it be considered as a payment vendor or something like that? With the bonus of customization. Or would it be more like an API, that allows companies to communicate with the RVN blockchain to execute commands of buying/selling/trading assets as NFTs or to the main ravencoin NFT website that does it for them on a more simpler and easier way?

[5:27 PM] PolarisAltmis: I would like to list it on Upwork as a request to have a Rarible type websites built on the Ravencoin blockchain. So it would be a fully functional NFT platform with the ability to create user profiles so after you purchase an asset or NFT, it shows up in your profile. Someone could then take this template and use it as a standalone website or add it as a tab on an existing website or forum to bring Ravencoin assets/NFTs into their eco system.

[5:32 PM] Dream Wanderer: Ah, so each website would be able to host their own mini NFT platform for their own assets that is running on the Ravencoin blockchain. Which then is connected to the main NFT platform via the blockchain that allows users to have all the different assets viewable/usable in a profile

[5:33 PM] PolarisAltmis: Yes exactly. They would not be confined to a hub like Rarible but could transact on their own website, forum, nonprofit, church website, local restaurant website, art site, gift store site, school, an independent game site, etc.

[5:34 PM] PolarisAltmis: Someone with bigger plans could of course try to build out a mass Rarible type site with it in a niche if they want or for general use.

[5:35 PM] PolarisAltmis: The idea though is that it makes it easier for websites to add it on and start doing blockchain coupons, gift cards, NFTs, asset transfers, etc.

[5:43 PM] Dream Wanderer: I guess the first part in all of this is to make a proposal to get the funding and make a detailed proposal on how the website should be like for UpWork unless someone in the community can do web design and integrating easy access to ravencoin through the website (with how security should be handled for users profile).

[5:44 PM] brianmct: I'm gonna close this channel if that's alright; this is great discussion, we should continue it in #development or #asset-development