00:12 <stellar-slack> <lab> there are ~5k address switch to new network. it's the max number of real user.

00:16 <stellar-slack> <lab> so about 2 billion STR (~ 3m $) withdraw out of ecosystem by farmers. it could be used funding sdf if IPO

00:23 <stellar-slack> <dzham> 5428

00:26 <stellar-slack> <dzham> I haven’t made my mind up about Ethereum yet, if I like it or not, but they did something right with their crowdfunding at least.

00:27 <stellar-slack> <dzham> You get very committed users.

00:38 <stellar-slack> <dzham> @lab: I think I read somewhere early on that people where compensated in STR?

00:38 <stellar-slack> <lab> ?

00:40 <stellar-slack> <dzham> @lab: http://lilly.tumblr.com/post/93510345544/im-super-intrigued-by-stellarorg-on-a-number-of

00:42 <stellar-slack> <dzham> So that’s 625M STR/year, which is a bit north of 1M, at current rates..

00:45 <stellar-slack> <lab> yes. it's locked up for four years.

00:45 <stellar-slack> <lab> but it's for person not organization.

00:46 <stellar-slack> <lab> current inflation is about 1B XLM/year for sdf expense

00:46 <stellar-slack> <dzham> ah, didn’t see `vesting`

00:47 <stellar-slack> <lab> but cann't cash out except crazy dumping

00:52 <stellar-slack> <lab> @dzham: you are right. there is no locking. :,)

00:56 <stellar-slack> <lab> anyway they deserve that and thanks for cheap STR if they cashed out.

01:05 <stellar-slack> <lab> it was about $300k payoff expense a quarter for around fifteen employees, average $5k/month

01:05 <stellar-slack> <lab> really need compensating in SF :)

01:22 <stellar-slack> <lab> but is it really "Millions of transactions for 20 cents" ? Millions of transactions for 300m dollars in my calculation. :,)

01:26 <stellar-slack> <dzham> 300m?

01:34 <stellar-slack> <dzham> “fully diluted” market cap?

01:49 <stellar-slack> <joyce> @jesse As a nonprofit, we do our best to have diverse support and we always have more projects we want to do then there are resources or time.

04:21 <stellar-slack> <lab> sorry, millions dollars

04:43 <stellar-slack> <sacarlson> from my quick research today looking at 2 exchanges this is what I found to compare:

04:43 <stellar-slack> <sacarlson> note XLM/BTC price .00000563 = 563 for short here for easy compare Poloniex: STR/BTC bid 563 ask 568 24h high 581 low 552 vol 2.559btc Bittrex: XLM/BTC bid 557 ask 580 24h high 2000 low 579 vol .194btc

04:57 <stellar-slack> <dzham> @jed: Is the http://live.stellar.org|live.stellar.org stellard shut down?

05:00 <stellar-slack> <sacarlson> the site http://live.stellar.org|live.stellar.org is not visible from here in thailand also at this time

05:11 <stellar-slack> <jed> dzham: yeah it is down

15:41 <stellar-slack> <joyce> Welcome @mindstyle and @samuel !

22:20 <stellar-slack> <mr_selenio> How will i.e reveal works now that lumens use keys instead of address?

22:21 <stellar-slack> <scott> from to point of the software, it should be exactly the same.

22:22 <stellar-slack> <scott> are there any specific details your interested in that I could expand upon? or just generally wondering?

22:22 <stellar-slack> <mr_selenio> They have an option to send rvl to an address, but how could i send them to my lumen account now that i only have public key?

22:23 <stellar-slack> <mr_selenio> Plus i dont see trusted nets like before

22:23 <stellar-slack> <scott> the public key _is_ your address, we’re just backing away from using the term interchangeably

22:24 <stellar-slack> <scott> the new stellar network no longer has addresses as a term, but the concept that was “an address” in the legacy stellar network is “a public key” in the new stellar network

22:24 <stellar-slack> <mr_selenio> So if i send to the public key is the same as send to an address!

22:24 <stellar-slack> <scott> yes, exactly

22:24 <stellar-slack> <mr_selenio> Ok, but what about my assets?

22:25 <stellar-slack> <mr_selenio> How do i configure new assets?

22:25 <stellar-slack> <mr_selenio> How can i know that i still have rvl on my lumen wallet as a trusted net

22:25 <stellar-slack> <mr_selenio> I dont remember if it was called trusted net

22:25 <stellar-slack> <mr_selenio> Sorry

22:26 <stellar-slack> <scott> I belive you mean “the live network"

22:26 <stellar-slack> <scott> as opposed to “the testnet"

22:26 <stellar-slack> <mr_selenio> It was an option to add trusted dontrememberwhat

22:26 <stellar-slack> <scott> so, regarding your previous question

22:26 <stellar-slack> <mr_selenio> Maybe eva remember

22:27 <stellar-slack> <mr_selenio> Because i asked that before

22:27 <stellar-slack> <mr_selenio> When it was called stellar

22:27 <stellar-slack> <scott> im not familiar with reveal in any detail, so I would pose the question to them regarding your RVL balance. I imagine they upgraded all accounts to the new network and you simply have the same balance as you had before

22:28 <stellar-slack> <bartek> ^ @josh

22:28 <stellar-slack> <scott> what is your public key? I can check your balance using horizon

22:28 <stellar-slack> <scott> thanks bartek :)

22:28 <stellar-slack> <mr_selenio> Doesnt matter if its reveal, how can i know that i have rvl network trusted?

22:29 <stellar-slack> <mr_selenio> And you cant because rvl is in develop!ent

22:29 <stellar-slack> <mr_selenio> So you wont see any balance

22:29 <stellar-slack> <mr_selenio> Because cant be sent outside the app

22:29 <stellar-slack> <scott> I’m sorry, I don’t understand what you’re asking.

22:30 <stellar-slack> <mr_selenio> Remember the old interface?

22:30 <stellar-slack> <mr_selenio> At the botton you had a button

22:30 <stellar-slack> <mr_selenio> To add idontknowwhatwascalled

22:30 <stellar-slack> <scott> for reveal? I’ve never used it

22:30 <stellar-slack> <mr_selenio> Where you add the network of an asset

22:31 <stellar-slack> <mr_selenio> Forget about reveal just try to remember the old interface

22:31 <stellar-slack> <scott> oh, are you perhaps talking about “Add a gateway” feature in the stellar client at http://launch.stellar.org|launch.stellar.org?

22:31 <stellar-slack> <josh> @mr_selenio we are still working on the upgrade to the new network. if your balance is held in the app, it can still be found there.

22:31 <stellar-slack> <mr_selenio> Yes that was

22:31 <stellar-slack> <mr_selenio> Do i have the gateways i trusted configured?

22:32 <stellar-slack> <scott> what’s you’re public key?

22:32 <stellar-slack> <mr_selenio> Because there is no option for that now

22:32 <stellar-slack> <mr_selenio> GBH6JQLAWL5IFAWFWXXDBGWCPZRHGIJVAQIEV2E6WJH7MOG2CFQC34KW

22:34 <stellar-slack> <scott> so, presently you only have a native balance, which means that you currently do not have a trustline with reveal. I imagine it will get created by them when they finish their upgrade

22:34 <stellar-slack> <scott> for reference, you can view some of the raw information about your account at https://horizon-live.stellar.org/accounts/GBH6JQLAWL5IFAWFWXXDBGWCPZRHGIJVAQIEV2E6WJH7MOG2CFQC34KW

22:35 <stellar-slack> <mr_selenio> Ok, i dont mind about it right now because the reveal team didnt allow users to send rvl outside their app, but would be cool to have the "add gateway" option soon

22:36 <stellar-slack> <scott> where, on the account viewer (i.e. the “new” stellar client)? It don’t think it will get added, unless priorities change. You’ll need to wait for a community developed wallet

22:38 <stellar-slack> <mr_selenio> Ok thank you

22:39 <stellar-slack> <scott> happy to help :)