Use Colossus: https://app.request.network
Learn more about Colossus: https://blog.request.network/request-colossus-launch-how-it-works-871464b361cf
Posted Dec 18, 2017, 1:27 PM UTC
American REQ followers are going to wake up to a nice monday morning surprise
I woke up already. It’s a good surprise so far but let’s see if we can hold strong here/push further.
Yes I was quite pleased when I pulled up my spreadsheet this morning, just bought in like two days ago lol. $100 here we come
You have a Spreadshit that pulls in prices of Coins?
Yep! There's a Google sheets addon called cryptofinance. Once it's installed, to put the USD value of a coin into a cell you write for example
=CRYPTOFINANCE("REQUSD", "price")
And it will automatically update when you load the sheet, though it's more for a big picture thing since the values can be delayed by up to 20 minutes. Close enough for me though.
I enter all my transactions in and out for each coin, and the spreadsheet can calculate profit from individual trxs, overall profit for a given coin, and profit across all coins
Get. Out. Of. God. Damn. Town.
This is awesome, thanks for mentioning this.
Gonna make so many graphs!!!
You have given me a project to do today. Thanks!
^^^^Wasn't ^^^^going ^^^^to ^^^^get ^^^^any ^^^^work ^^^^done ^^^^anyways
Thank you! I've been doing this manually each day. Have been looking for something like this.
I just use this app called Coin Stats. It does kinda the same thing and it's really simple to use.
you can prompt it to update by adding or removing the / between them aka REQ/USD edited to REQUSD
Can also use canadian or other currencies, XRP/CAD for example
You can do all that through an app like Coin Stats with less fuss, although I guess your way spares you the curse of checking every five minutes.
Ok, can you help me with this? I'm old, but not stupid, so I do have all my alts listed in a spreadsheet. I went to a new column, titled it Current Price and put the formula in for my REQ. All that shows in the cell is #NAME? Ids there a space after the comma? Also, does it matter if the spreadsheet was created before downloading the addon? Thanks
I used to do the spreadsheet thing too, but I think cointracking.info is better. I just refresh the realized/unrealized page. Not to mention all the other information it provides.
Was planning on selling a small portion when colossus got released, but now i’m thinking i want to get a hodl of as much sub $1 REQ as I can
Opened Blockfolio at work, Best Monday by far...
Lazy American who wakes up at noon. Yes we have lol
A nice morning eREQtion
Congrats!!! Just a little detail on the frontside part. If I click on the create Request button without having filled up anything the butoon goes dead, even if I correctly fill up the form after, right now the only way to fix that is by refreshing the page. Maybe the button should be deactivated by default and only become active after info has been entered?
Good feedback! Noticed it as well. Hope they see this! :)
Good find, will pass this on :)
Ok, I did some little testing.
First of all, the rinkeby faucet didn't really work for me. I somehow got it to transfer some ETH anyway but it mostly gave me an error.
Two small things I saw while testing:
Pop up windows isn't disappearing after hitting submit or reject. I'm not a fan of popup windows anyway. It might even get blocked by a popup blocker.
"Submit" button is under-saturated, so it looks like it's disabled. Maybe a stronger green would look better.
The error when trying to send a request at your own address isn't very pretty. This would need some fixing too.
I'll keep testing and report back.
Edit: some more testing
There's an error after trying to "Cancel Request" when already paid and balance is 0... something like "Cannot cancel request when balance != 0". This doesn't look so pretty to normal people ;-)
Can a request always be updated? Wouldn't it make sense to "Finish" a request once both parties have agreed on that? Otherwise it is a back and forth with all the payments always on the same request.
Why can the payee of the request only update by "adding" an amount to the transaction? And vice versa the other party only subtract from the request? Can't they do both?
While testing, I thought of another use case with all the updates to the amount to be paid. Wouldn't it be possible to run an online auction with requests? Everytime you want to raise the bid, you just add an amount to your request?
Not a tech guy myself, but I'm glad someone's providing constructive criticism. Thank you!
This guy tests.
Why can the payee of the request only update by "adding" an amount to the transaction? And vice versa the other party only subtract from the request? Can't they do both?
The payee probably shouldn't be allowed to subtract in a business sense. They can, however, increase the amount for whatever reason. Likewise, the requester shouldn't be able to add more to the request without cancelling and submitting a new one.
Fellow tester here. This guy fucking nails this shit.
Ahead of schedule again?!
Are you guys developers of time travellers? Wtf
Nice job guys! A full quarter early than the original roadmap target date. A true milestone and testament to the dedication and professionalism of the team!
? Looking at the white paper it says Colossus (deploy on test net) was always Q4 2017. Was that an updated version of the whitepaper or did they do something else that makes this ahead a schedule?
Love the progress from the team so far nevertheless, of course. Most teams don't even hit their planned milestones
Colossus (deploy on test net) was always Q4 2017
I think the schedule was for Q1 2018 initially, probably later amended?
Yes.
It’s updated version
Thanks!
someone should throw this on one of the bigger crypto reddits since it is news regarding the project
It's on r/CryptoCurrency
What about r/ethereum? (since Requests are paid in ETH, as of now)
If you haven't posted there yet, I think you should! It does involve ETH tech and technically does improve ETH's functionality. :)
Here's a sneak peek of r/ethereum using the top posts of the year!
#1: Fight to save Net Neutrality today! | 391 comments
#2: r/Ethereum - I wrote this to explain Ethereum in depth to newbies. Please check for accuracy!
#3: Steam pulled the plug on Bitcoin due to high fees. Community suggests Ethereum instead! | 354 comments
^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| ^^Contact ^^me ^^| ^^Info ^^| ^^Opt-out
Awesome stuff. Just sent a test payment between 2 of my metamask accounts and everything went smoothly. Two small things to note:
Overall great job by the entire team!
Woohoooo it's out! Great job guys!!
Amazing! Can’t wait to check it out!
There should be a coin desk article for this!!
Colossus is out, and binance is down..... lawl. Hopefully investors will get antsy. Thanks for everything you guys are doing! This project is steamrolling through goals.
Binance is back up
The system update is complete
Great job Req!
I hope that there will be some way for people to use email or social media accounts. the concept of using an ETH address is too foreign for normal people.
that's why ens was created. EDIT: the concept of using email or soc. media accounts was too foreign for normal people 10, 20 years ago.
my first thought too, that this is one of the first use cases where ens has complete utility for once
Amazing. It works really smoothly. I would love to share a youtube video or longer gif of a demonstration with my friends – could anyone make one?
I’ll make one soon in the next day or two
Looking forward to it :)
This is gonna be good!
My Rinkeby address is 0x603251FcE9d108668B49Ce06D2648A1d58FF23a8 if someone wants to send me a Request (small amount please)
0x603251FcE9d108668B49Ce06D2648A1d58FF23a8
I've sent you a Request :D Should be there soon :)
Payment has been sent and request is fulfilled! Very nice
Fantastic, make sure to test with as many people as you can :D If you need more ETH just DM me
Hi, I sent you a request to test it out because I was curious how it works. Do you have to be on the app.request.network page to see my request? Or does a notification show up on your MetaMask wallet plugin?
I paid it and sent you a request of my own, so you can see how the payment side works. For now you don't get any kind of notification, you have to enter your address in the search bar up top and you can see the request transactions associated with that account. But I read that in the future they'll have SMS/E-mail kind of notification when a new request has been received/paid/...
Got it! I paid it as well. So I can see this working well for crypto currencies, but do you think banks would get on board for people who still want to use and send fiat? Maybe they can replace Swift in the sense that money gets there instantly rather than over the course of several days.
PAYPAL 2.0 HERE WE COME
Awesome! Request will change the game, good luck to anyone fiddling on the testnet ;)
I have just tested it out, thanks to u/AdmREQ's test ETH.
Using two test accounts in Metamask I was able to create a request from Account A, and pay it using Account B.
Creating the request cost $0.26 (0.000357 ETH) in transaction fees. Completing the request as the payer cost $0.08 (0.000107).
The payment flow is so smooth and intuitive from both sides. As a payer this is literally the simplest payment method I have ever used - I visited the Request URL, filled in the amount to pay and clicked Accept & Pay. I then signed the transaction with Metamask and about 40 seconds later the ETH was in the recipient's account. At no point did I need to think about signing up, giving them my personal info or buying/holding REQ to pay the fees.
Congratulations are due. The team has absolutely nailed the MVP IMO.
ETA: This test was with the default gas costs. After reducing the gas it cost $0.03 in total.
Fantastic, this is what we like to hear.
i have boner
Dude, don't be so vulgar...
You got an eREQtion!
Thanks for the review! Sounds truly legit :)
Does owning the REQ coin alter this process at all? Just wondering what its role in the network is
No, from the user's perspective it will all be the same. The REQ burning mechanism happens in the background.
Great sum up, will test it myself by this weekend.
How much did you transfer?
0.1 ETH. It's on testnet, so no real funds were involved.
Alright, just wanted to compare amount/cost ratio. $0.34 transaction fee is really good for ~$75 transaction.
Paypal charges for same amount (~$75) would be around ~$2.5.
Source: https://www.paypal.com/ag/selfhelp/article/what-are-the-fees-for-paypal-accounts-faq690
Edit: Paypal 2.0 indeed!
In fairness, I suspect these fees aren't necessarily a true indicator of future prices. The MVP does not include the Kyber/REQ burning components AFAIK, and these will have an effect on gas usage.
Also see the edit, I did it with lower gas and it cost $0.03. Savings compared to Paypal/Stripe will be phenomenal if these prices are indicative of the real thing.
[deleted]
Wow. That seems kind of expensive...
This is using the default gas (which is quite high) - you can easily send the Request for 0.1 GWEI (~$0.01)
Good point. The first test used the default gas costs. I retested with minimal gas costs:
So it can cost as little as $0.03.
That being said, I don't think $0.34 is a lot. For a web shop selling items with an average cost of $10, that would save you almost 50% compared to using PayPal or Stripe.
This is all gibberish to me, REQ needs to be significantly cheaper and easy to use to be adopted. I believe in the REQ team so I'm sure it will be .03 in no time. (could you explain to me gas cost it sounds like a bad holocaust joke)
[deleted]
Really? Doesn't seem that bad to me. Explain?
34 cents to create a transaction doesn't seem bad to you?
For small transactions it's expensive, but nowhere near the 2.9% + $0.30 credit cards, PayPal, etc. are charging.
That's a lot cheaper than using something like PayPal