ihilda alpha install instruction for linux mint

[jargoman]

*edited to newer version. 

This software is still in alpha stage. For use with testnet.
This software is still in alpha stage. For use on testnet only 
 

First install the latest development version of mono-dev,  

https://www.mono-project.com/download/stable/#download-lin

 

Next install the required gui libraries

sudo apt-get install gtk-sharp2

 

Then download, extract, give run permission and magic  Best Wallet in crypto. 

wget https://github.com/jargoman/ihilda_community_editon_alpha/raw/master/ihilda_community_edition/Binaries/Ihilda_debug_x86_current.tar.gz

tar -xvf Ihilda_debug_x86_current.tar.gz

cd Ihilda_debug_x86_current/

chmod u+x ihilda.exe

chmod u+x ihildawallet

./ihildawallet

 

Edited August 21, 2018 by jargoman
updated to newest version

[jargoman]

[jargoman]

Recommended settings. 

> options > options > fee settings. Set your fee options. 

> options > options > signoptions. Set ihilda to sign with more stable ripple instead of experimental RippleLibSharp

See images

 

[jargoman]

To sign tx's with rippled and to double verify key pair creation it is highly recommended to install rippled

https://ripple.com/jp/build/rippled-setup/#installation-on-ubuntu-with-alien

[jargoman]

 @JoelKatz @AlexCobb @tulo @nikb @Coinseeker @TAZ @yvv @Sukrim @Hodor

 

[tulo]

It would be nice if you describe a little the features.

[jargoman]

20 minutes ago, tulo said:

It would be nice if you describe a little the features.

The main design feature is Ihilda is a distributed exchange that runs on your computer, where you manage your own keys. It signs transactions locally and keeps the secrets local to the users pc. 

A quick comparison to existing XRP exchanges. 
Poloniex : centralized. web based. User can use api keys to access the centralized exchange from their pc but XRP is still held in poloniex's wallet.
Gatehub: semi-centralized. web based. Gatehub encrypts and stores the keys. Their web interface decrypts and manages keys locally. XRP is held in users wallet but keys are sent over the internet.
etherdelta: (ethereum based) users manage ethereum keys themselves. Xrp is an iou in this case. Comparing apples and oranges but it's still web based. 

everything web based is vulnerable to dns hijacking attacks, phishing scams. 

Ihilda. is decentralized. Any issuer can be used. the keys are managed locally. There is no web browser or web server involved at all. Making it much more secure in my opinion. No one has access to your keys but you. You run the server side logic and you sign your keys. 

Example I trade BTC:bitstamp, ETH:gatehub , XRP. But bitstamp and github do not hold my private keys. I'm still subject to bitstamp and gatehub third party risk because I hold their IOU. But my XRP are actual native XRP. 

ihilda connects to the rippled websocket and is blaringly fast on modern pc. It's resistant to ddos attacks because you can disconnect and reconnect to any server you want including a private local rippled server. While web exchanges are getting ddosed ihilda is running perfectly fine. 

It gets better and better. 

if crypto is the dot com bubble all over again. Then content management systems wouldn't have be invented until after the explosion of users. After mass adoption came systems to deal with more and more information. 

Ihilda is a content management system. It doesn't deal with only on order at a time. It deals with many. You can use it to cascade orders at various prices. Example. buy {0.99,0.98,0.97} sell {1.01,1.02,1.03}. Then set a rule to repurchase at a profit if the orders fill

It even has a feature that lets you right click the orderbook and accept every order. Be careful with this thing guys it's very powerful. 

It's a paid app but in trial mode any transaction involving XRP or ICE:r4H3F9dDaYPFwbrUsusvNAHLz2sEZk4wE5 is free. By free I mean XRP's fee only. 

ICE:r4H3F9dDaYPFwbrUsusvNAHLz2sEZk4wE5  is not a security it's a software license.

 

[jargoman]

All fees are paid by merely holding an amount of ice. ice can be redeemed at market. ice is now a backronym for Ihilda Community Edition. It can also mean. Integrated Crypto Environment. 
Ihilda Community Edition Integrated Crypto Environment ICEICE. 

It's a separate company. ripple is to xrp as ihilda is to ice. neither are a security. One is a protocol with token and the other is an integrated crypto environment with a software license token. 

Fee squedule: 

Payments: 1 ice
Trust: 1 ice
Mass Payments: 5 ice
Trading : 10 ice
SemiAutomated: 25 ice
Cascading: 50 ice

Market Making Bot: 100 ice ( process filled orders  and apply rule)

Dividend Payments: 250 (sending mass payments in proportion to an asset held)
Automatic: 500 (process filled orders and apply rule) * MAKES MONEY FOR YOU WHILE YOU SLEEP !!!!!!

fee's may or may not be reduced.

account rGyfp9JxyWDtNeYLrPh85YsoLYs7S4bJ1N will be market making to keep the system going. Profits will remain in the account and used for market making on the rcl or improving ICEICE software.  Creating great software is the goal. Profits are the side effect. Only buy the ICE you are willing to USE.