Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: freebits on November 22, 2013, 04:57:08 AM



Title: STOP COINVALIDATION.
Post by: freebits on November 22, 2013, 04:57:08 AM
https://i.imgur.com/j3ss3EA.png

https://www.dropbox.com/s/itcv5gxhx3zypxd/coinvalidation.zip


Title: Re: STOP COINVALIDATION.
Post by: Melbustus on November 22, 2013, 06:06:22 AM
"Note: You're responsible for any activity through your addresses. To reduce fungibility of bitcoin and the entire concept of an ideal money for our modern electronic times, we recommend blocking transactions from bitcoin users who actually understand monetary theory."


Title: Re: STOP COINVALIDATION.
Post by: PenAndPaper on November 22, 2013, 06:11:32 AM
How you can block transactions to a bitcoin address?  ???


Title: Re: STOP COINVALIDATION.
Post by: adamstgBit on November 22, 2013, 06:15:00 AM
How you can block transactions to a bitcoin address?  ???
i don't think you can.



where is bitcoin foundation?  why are they not actively trying to discredit COINVALIDATION?


Title: Re: STOP COINVALIDATION.
Post by: Zooey on November 22, 2013, 06:17:38 AM
They're in the bed screwing the snatch outa coinvalidation, didn't you hear?


Title: Re: STOP COINVALIDATION.
Post by: freebits on November 22, 2013, 06:26:48 AM
You submit your private keys to CoinValidation and they remove coins from unvalidated addresses and escrows them until the sender validates, automatic in the case you use coinbase.


Title: Re: STOP COINVALIDATION.
Post by: dominicwin on November 22, 2013, 06:27:50 AM
next...


Title: Re: STOP COINVALIDATION.
Post by: Zooey on November 22, 2013, 06:34:45 AM
https://www.youtube.com/watch?v=PDflbF4NO54


Title: Re: STOP COINVALIDATION.
Post by: btc4ever on November 22, 2013, 06:43:09 AM
We can't stop people from making lists of addresses.   We can bake coinjoin or similar privacy technologies into the most popular bitcoin clients to make those lists mostly useless.


Title: Re: STOP COINVALIDATION.
Post by: gweedo on November 22, 2013, 06:55:04 AM
where is bitcoin foundation?  why are they not actively trying to discredit COINVALIDATION?

So innocent, lets see the foundation is trying to help these people they don't care about privacy, only when it comes to their private forum. Otherwise they welcome this.


Title: Re: STOP COINVALIDATION.
Post by: BurtW on November 22, 2013, 07:09:41 AM
The single largest threat to the survival of Bitcoin today is the overt and covert attacks on the fungibility of Bitcoin.  If Bitcoin is not fungible then it is not a form of money.  It becomes a collectible with all the problems inherent in a collectibles market:

The need for an authority or authorities to tell you the value of each Bitcoin based on criteria set by outside influences with their own political, economic and social engineering agendas.

The need for and infrastructure to check with this central authority, or worse yet multiple authorities, every single time you do a transaction - so you don't get stuck with less than desirable coins.  Or even worse, the need to check in with a very complex market to value the coins on a “sliding scale”, if presented with less than desirable coins, so you can accept them at a discounted value.

Fragmentation of the market for Bitcoins:  a white market for the coins deemed clean by the authority or authorities and a black market for the less desirable, listed coins.

The core developers could consciously or inadvertently either maintain or destroy the fungible property of Bitcoin.

Help:  implement BIP32 as soon as possible in all clients in order to allow all periodic payments to be done in a fungibility supportive way.
         also everyone should use CoinJoin as often as you can, hopefully on every transaction.

Hinder: anything in the clients that helps in the formation, propagation or checking of any kind, color or flavor of lists of Bitcoins.


Title: Re: STOP COINVALIDATION.
Post by: Zooey on November 22, 2013, 07:14:02 AM
Whoever so starts to talk about bitcoin addresses defined as either validated or unvalidated addresses has demonstrably begun to feast on satan's cock.  Remember this.


Title: Re: STOP COINVALIDATION.
Post by: drawingthesun on November 22, 2013, 07:15:34 AM
This is going too far.


Title: Re: STOP COINVALIDATION.
Post by: BurtW on November 22, 2013, 07:18:28 AM
Is there an official statement from the Bitcoin Foundation on this specific issue?  I would like to see it.


Title: Re: STOP COINVALIDATION.
Post by: gweedo on November 22, 2013, 07:19:29 AM
Is there an official statement from the Bitcoin Foundation on this specific issue?  I would like to see it.

I don't think so, or it maybe locked up behind the guard garden which is their forum.


Title: Re: STOP COINVALIDATION.
Post by: PenAndPaper on November 22, 2013, 07:35:50 AM
You submit your private keys to CoinValidation and they remove coins from unvalidated addresses and escrows them until the sender validates, automatic in the case you use coinbase.

So when i want someone to pay me i give them an address that coinvalidation controls? And then after sender's address is validated Coinvalidation sends me the coins to an address that has only validated outputs and if not they send the coins to one of my unvalidated addresses?

Do i get it right?



Title: Re: STOP COINVALIDATION.
Post by: Zooey on November 22, 2013, 07:47:01 AM
Is there an official statement from the Bitcoin Foundation on this specific issue?  I would like to see it.



Mike Hearn discussion on Reddit:
http://www.reddit.com/r/Bitcoin/comments/1qmbtu/mike_hearn_chair_of_the_bitcoin_foundations_law/

Good article by @dannybradbury:
http://www.coindesk.com/bitcoin-tracking-proposal-divides-bitcoin-community/


Title: Re: STOP COINVALIDATION.
Post by: masterluc on November 22, 2013, 07:48:19 AM
There is no motivation to end user submit anything there. Stupid idea.


Title: Re: STOP COINVALIDATION.
Post by: anti-scam on November 22, 2013, 07:49:32 AM
Why aren't anti-coin validation advocates now demanding the implementation of Zerocoin into Bitcoin? With 98% smaller proofs the performance impact which was cited as the reason for not implementing it no longer exists, and it's going to launch as its own cryptocoin soon which could provide some real competition to Bitcoin if it's not implemented in BTC soon. The privacy provided by CoinSwap and CoinJoin don't come anywhere close to what Zerocoin offers.

https://bitcointalk.org/index.php?&topic=336514.0

At this point I'm also starting to think that it's conspiratorial that nobody is talking about this...


Title: Re: STOP COINVALIDATION.
Post by: Zooey on November 22, 2013, 07:53:31 AM

Doesn't it require a fork to implement ?   ....


Title: Re: STOP COINVALIDATION.
Post by: anti-scam on November 22, 2013, 07:59:54 AM

Doesn't it require a fork to implement ?   ....

Yes but it could probably be implemented gradually like P2SH was (and that wasn't nearly as important as Zerocoin). If it's not implemented a lot of people are going to be very unhappy when Bitcoin eventually dies due to not having a killer feature.


Title: Re: STOP COINVALIDATION.
Post by: Zooey on November 22, 2013, 08:13:37 AM

I'd kinda like to see it make a play for its own share of the market... 


Title: Re: STOP COINVALIDATION.
Post by: Pente on November 22, 2013, 08:15:24 AM
You submit your private keys to CoinValidation and they remove coins from unvalidated addresses and escrows them until the sender validates, automatic in the case you use coinbase.

If you submit your private keys, your coins ARE NOT SECURE!

How many places have been hacked? How much do you trust their employees?

When a bunch of customers using CoinValidation discover that their bitcoins are missing...I am just going to laugh.  :D



Title: Re: STOP COINVALIDATION.
Post by: leoragraves666 on November 22, 2013, 08:19:55 AM
You submit your private keys to CoinValidation and they remove coins from unvalidated addresses and escrows them until the sender validates, automatic in the case you use coinbase.

If you submit your private keys, your coins ARE NOT SECURE!

How many places have been hacked? How much do you trust their employees?

When a bunch of customers using CoinValidation discover that their bitcoins are missing...I am just going to laugh.  :D



5 exchanges, in only last 4 weeks. Sending your private keys is plainly stupid


Title: Re: STOP COINVALIDATION.
Post by: anti-scam on November 22, 2013, 08:21:59 AM

I'd kinda like to see it make a play for its own share of the market... 

So you'd like to see a competitor kill Bitcoin?


Title: Re: STOP COINVALIDATION.
Post by: Zooey on November 22, 2013, 08:41:32 AM

I'd kinda like to see it make a play for its own share of the market... 

So you'd like to see a competitor kill Bitcoin?

I'd like to see it kill Litecoin, maybe.


Title: Re: STOP COINVALIDATION.
Post by: BurtW on November 22, 2013, 08:43:43 AM
Is there an official statement from the Bitcoin Foundation on this specific issue?  I would like to see it.



Mike Hearn discussion on Reddit:
http://www.reddit.com/r/Bitcoin/comments/1qmbtu/mike_hearn_chair_of_the_bitcoin_foundations_law/

Good article by @dannybradbury:
http://www.coindesk.com/bitcoin-tracking-proposal-divides-bitcoin-community/
Interesting, but still looking for that official statement - the statement which will show to the world whether the Bitcoin Foundation is for or against the concept of Bitcoin.


Title: Re: STOP COINVALIDATION.
Post by: anti-scam on November 22, 2013, 08:45:07 AM

I'd kinda like to see it make a play for its own share of the market... 

So you'd like to see a competitor kill Bitcoin?

I'd like to see it kill Litecoin, maybe.

For what reason would it stop at Litecoin?


Title: Re: STOP COINVALIDATION.
Post by: dominicwin on November 22, 2013, 08:56:27 AM
From Bitcoin Foundation:

Quote from this article: http://www.coindesk.com/whether-bitcoin-needs-regulators-going-regulate/
And then, of course, there’s the idea of tying bitcoin addresses to identities, as proposed by Coin Validation. The Foundation itself is unimpressed with the whole idea of making coins more identifiable.

“The Bitcoin Foundation does not support the use of money for identity tracking,” said spokesperson Jinyoung Englund this morning, hours before the Senate hearing started.


Title: Re: STOP COINVALIDATION.
Post by: Zooey on November 22, 2013, 09:12:23 AM
...
I'd like to see it kill Litecoin, maybe.

For what reason would it stop at Litecoin?

-- I try not to make predictions, especially about the future.


Title: Re: STOP COINVALIDATION.
Post by: anti-scam on November 22, 2013, 09:37:22 AM
...
I'd like to see it kill Litecoin, maybe.

For what reason would it stop at Litecoin?

-- I try not to make predictions, especially about the future.


I'll give you a prediction. If Zerocoin truly does launch as a usable system then it will be to Bitcoin what Bitcoin was to the dollar. If interest in Zerocoin doesn't improve then I guess the community will just have to learn the hard way.


Title: Re: STOP COINVALIDATION.
Post by: freebits on November 22, 2013, 10:44:56 AM
the worst thing is no hard fork is needed.


Title: Re: STOP COINVALIDATION.
Post by: niothor on November 22, 2013, 10:46:04 AM
User with bad rep , posting a screenshot , missing link ....lols?


Title: Re: STOP COINVALIDATION.
Post by: Come-from-Beyond on November 22, 2013, 10:59:51 AM
CoInvalidation. Nuff Said.


Title: Re: STOP COINVALIDATION.
Post by: genjix on November 22, 2013, 11:30:55 AM
stop asking the foundation to solve development issues.

http://www.indiegogo.com/projects/bitcoin-dark-wallet


Title: Re: STOP COINVALIDATION.
Post by: Come-from-Beyond on November 22, 2013, 11:32:14 AM
stop asking the foundation to solve development issues.

Wasn't foundation created to solve development issues?  ??? They took Gavin abroad for that.


Title: Re: STOP COINVALIDATION.
Post by: bitcoinpsftp on November 22, 2013, 11:41:37 AM
What is this zero coin that's being talked about?  First I ever hear of it?  What will it do to the bitcoin?  I am sort of at a loss o_0


Title: Re: STOP COINVALIDATION.
Post by: anti-scam on November 22, 2013, 12:00:54 PM
What is this zero coin that's being talked about?  First I ever hear of it?  What will it do to the bitcoin?  I am sort of at a loss o_0

Zerocoin is a potential protocol addition for Bitcoin that could anonymize your coins in the most literal of senses. It uses the concept of a zero-knowledge proof of set membership to essentially turn Bitcoins into "Zerocoins" that are indistinguishable from one another. This is different than other privacy enhancers like CoinJoin and CoinSwap that merely increase the complexity of analyzing the transaction history of Bitcoin. It was rejected when first introduced due to being too larger to implement in the blockchain. Now the creators are claiming that they've reduced the size needed by 98% and are going to turn it into its own cryptocurrency. If you care about Bitcoin's future then it's a situation to watch. If the claims of Zerocoin's creators materialize then it's going to be pretty urgent for Bitcoin's future that it implement the technology itself.

It's important to note that it's purely optional too. It wouldn't "do" anything to your existing Bitcoins unless you wanted it to.


Title: Re: STOP COINVALIDATION.
Post by: niothor on November 22, 2013, 12:13:21 PM
So , nobody even considers that this is

FAKE?


Title: Re: STOP COINVALIDATION.
Post by: anti-scam on November 22, 2013, 12:14:21 PM
So , nobody even considers that this is

FAKE?

It might be. What does it matter? It doesn't make CoinValidation a good idea.


Title: Re: STOP COINVALIDATION.
Post by: Zooey on November 22, 2013, 01:00:27 PM
So , nobody even considers that this is

FAKE?

It might be. What does it matter? It doesn't make CoinValidation a good idea.

It got a few more people nicely talking about it at least, as needs to happen -- otherwise the first you'd know about it will be the tablet being handed down by the foundation, new commandment etched in the stone...


Title: Re: STOP COINVALIDATION.
Post by: spartacus_ on November 22, 2013, 02:12:46 PM
You submit your private keys to CoinValidation and they remove coins from unvalidated addresses and escrows them until the sender validates, automatic in the case you use coinbase.
This is sick.


Title: Re: STOP COINVALIDATION.
Post by: kerogre256 on November 22, 2013, 02:19:41 PM

You submit your private keys to CoinValidation and they remove coins from unvalidated addresses and escrows them until the sender validates, automatic in the case you use coinbase.
LOL I you sooo stupid to do it you deserve to lose all you bitcoin one more scam nothing more....


Title: Re: STOP COINVALIDATION.
Post by: oxyon on November 23, 2013, 04:18:13 AM
can confirm this screenie is legit, their site exposed their dev environment.