Bitcoin Forum

There is a superior anon coin out right now.

Better than BTCD, Monero, BBR, all of them. Without a doubt.


It's called Neoscoin. http://neoscoin.com/

Don't believe me? check it out for yourself. They closed their thread, not even worried about having a presence here. Don't blame them, this place can be a cesspool.

It has what they call the Arbitrush anon. Here is a piece from the whitepaper. The entire thing is on the website. There is also another whitepaper coming with V2

"What is the true meaning of anonymous? Being unknown. The approach taken with Neos for
anonymous transactions, completely eliminates any possibility of the transaction surfacing on the
blockchain. With a multi-homed farm of secure nodes, transactions sent using “Arbitrush” send from the
original sender, through the nodes, and to the recipient. Proof of Transaction is an option that can be
either enabled or disabled in the Neos settings, or on-the-fly selectively during the send process. After
our initial announcement, someone in the community requested the feature of selective PoT. Within 2
hours it was implemented".

The dev has major connections in the crypto community and has been contracted to fix dozens of coins, and people in the community a can verify this. I didn't believe any of this shit at first, till I researched it and found everything to be legit.

Not to mention that there is in wallet trading and you set your buy/sell order and it's put up on blutrade, the new mintpal, Bittrex, and polo, and once it's filled anywhere you all set. So you are trading on multiple exchanges, from inside the wallet at the same time.

Some people are worried because it seems centralized, but there are NO LOGS. From what I gathered, if the anon is done on the blockchain, it can be attacked, as we see with the Monero exploit, and also if it is on the ledger, in theory sooner or later, it can be put back together.

BCX couldn't beat this if he tried, there is nothing there to beat. He could take down something down, MAYBE, but it goes right back up, and doesn't effect the anon, and can't be pieced back together or exploited by time warps, and such.

https://kiwiirc.com/client/irc.freenode.net/#neoscoin

Here is just a snippet from what I just went over and copied from IRC when I was writing this. He is talking about how Neos is the first coin written in PHP.

"no framework
all written from the ground up
so that takes a bit of time but the upside is knowing what ingredients you're throwing in your soup so to speak
typically people who dev in php will work off of a framework
codeigniter, laravel, etc
it provides a lot of basic needs and adaptable libraries, etc
i just prefer not

a framework basically is pre-written functionality on a base level
so you can hook into it with your concept/code/ideas/etc
but it's unoriginal

someone's written it for you
not to say it's bad

once everything is all running there'll be more proper documentaion and communication channels
but that's about as much as i'll allow myself to ramble on
time to make the donuts"

He is coinsource verfied, done a POD, the whole nine yards, The original ICO, sold out in 11 hours on Bittrex.


Here is their twitter, https://twitter.com/NeosCoin, the dev is extremely active there. Minute by min update almost lol.

They are releasing V2 later tomorrow night. Bittrex has about 4 BTC a day volume, down a bit since V2 took a while to be built I guess.

As I'm writing this the price per coin is 12,500. When V2 is released it will easily reach over 100k sat, just to start.

I'm writing this because I think they need some presence here, and I would like to see how high it can go before the release.

Also, I know a lot of XMR and BBR and CN investors in general are looking for something more stable.

Here it is. So now you know. Don't say you weren't warned. Wait and I promise you that you will be picking it up for 10x to 30x more next week.


MORE DETAILED INFO FROM the first thread, remember, this stuff is just about Version 1 that is out now. V2 is Blowing this Away!! In 30 some hours 8)





Multi-algorithm (your choice of algo): SHA-256, Blake-256, X11
Total coins: 21 Million (after the 21 million cap, a perpetual reward of 0.0625 remains per block to keep the chain moving)
Halving every: 105,000 blocks
Fair launch: Block 2 - 1001 the block reward is 0.1.  Block 1002+ normal block reward
Block reward: 50 NEOS
Block time: 5 minutes
Tx fees: 0
Block confirmations: 120
Transaction confirmations: 6
Difficulty adjustment: per block (25% up, or down)





Hello folks,

    We decided to lock this thread due to constant harrassment by people wishing to do the project harm (trolling).  We're on ir
c.freenode.net in #neoscoin 24/7 (you can even access IRC via the web https://kiwiirc.com/client/irc.freenode.net/#neoscoin) if you have any questions or want to keep updated on what's happening.  We're sorry for the inconvenience, but when you have a party of people wishing to do nothing more than fill your thread with childish banter, it tends to be the most prudent option.  I will still be posting updates here however. =)

     Sincerely,

The Neos Team




Website: http://www.neoscoin.com
Twitter: http://www.twitter.com/NeosCoin
Community forum: http://community.neoscoin.com
Help Desk: http://support.neoscoin.com
IRC: #Neoscoin
QQ: (please PM our team if you set one up)




Source:  Windows Wallet:  OSx Mavericks Wallet:  Linux 32 bit:  Linux 64 bit:



KickAssPools SHA-256 Neos Pool
Hashlink SHA-256 Neos Pool
Minerpools SHA-256 Neos Pool
Hashlink X11 Neos Pool
Coin-Miners SHA-256 Neos Pool
Crypto Pools SHA-256 Neos Pool
Coin-Miners NOMP X11 Neos Pool
p2pool SHA-256 Neos pool
Hash Harder X11 Neos Pool
Suprnova X11 Neos Pool

How to set up your own Neos p2pool node: https://bitcointalk.org/index.php?topic=755558.0




Whitepaper: http://neoscoin.com/whitepaper/neoscoin.pdf

Hello everyone,

    It's with great pleasure and some anxiety that I introduce something that has been in the works for a while.  My name is syntaks.  Some of you may know me from BellaCoin and my involvement with quite a few other coins in the world of crypto as a contract developer.

    Now that I've gotten personal introductions out of the way, I'd like to introduce: NeosCoin.  The word Neos (pronounced nay-ose from what my Greek family says) is representational of something never before in existence, something new.  That's an all too appropriate name for this project.  Forget thinking outside of the box here, we built our own.  Let's do something that hasn't been done really.  Algorithm-wise sure SHA-256, Blake and X11 are definitely being done but we wanted something that everyone could mine.

     I've included something that I haven't really seen so much with project announcements with promises of features and unseen capabilties: a demo video.  Typically I've only seen screenshots and development roadmaps.  Well, I was adamant about having everything working before this announcement.  In this world of crypto, it seems way more often than not - promises just aren't kept for one reason or another.

So with that being said, why the ICO?
     1) For some of the existing features we could definitely use the funds to build out a more extravagant network. (hosting)
     2) Marketing
     3) Design work & creatives
     4) Other project-based expenses
     5) We believe NEOS will do really well as we're working hard to make that happen.  We want to give the opportunity to early supporters to buy some while it's cheap.

One key difference is we'll have a public ledger that will explain what the IPO funds are being spent on, not just a total of BTC sent to an address.

So why NeosCoin?  What's so special about it?

NeosCoin offers an interface that completely deviates from the norm.  It's user-friendly, very familiar, packed with features, and incredibly fast.  At any given point, based on our community's request we can begin development on an unrestricted level due the fact it's written in PHP.  I might add, local PHP, not requiring a webserver or on a website.  The Windows interface is a compiled version of PHP.

The interface.

When you open the NeosCoin interface, you're presented with a dashboard.  There you'll find the following information:

1) Any messages from our development team
2) Your wallet balance locally as well as your balance on any exchanges that list NeosCoin
3) The rate NeosCoin is going for at supported exchanges
4) The current difficulty of all 3 algorithms
5) The hashrate of all 3 algorithms

Then you'll see a graph displaying the market interest so you can get a good idea of what type of market it is, based on the last 100 orders (sell and buy volume).

Below that is our Twitter feed so you can keep with the latest news regarding NeosCoin socially.  Next to that area is your transactions overview.

I'd like to make note at this point that in the settings area, you can enable/disable: twitter updates, news & updates, the number of transactions to show in the overview and the number of tweets to display on the dashboard.

You can do everything in the NeosCoin interface that you could in your old-style wallets, just quicker typically.  You can view all of your transactions, generate new wallet addresses, send NEOS to another person.

Now let's get into something a bit different: In-wallet trading, yes, you can do everything from within your wallet without having to open up another browser window - including simply entering an amount to deposit to your Bittrex (or other supported exchange) account by just entering the amount and clicking send.

I tried to make the trading interface almost a carbon copy of what you're used to when you visit the exchange.  When you open the Bittrex trading area, you'll see the following:

1) Your local NEOS balance
2) Your Bittrex NEOS balance
3) Your Bittrex BTC balance

Below that you'll get information such as: the Last,Bid, and Ask.  24 hour high/low, the volume in BTC and the volume in NEOS.  Next you'll have control and view over your open orders.  Following that directly beneath is your buy/sell areas.  All of the calculations are done for you here on-the-fly if you wanted to for example max out your buys or sells.  The order books are displayed next below.  All of these numbers and orders are within 3-5 seconds real-time.  Operating through the Bittrex API tends to be more responsive, quicker, and more accurate.

Pool stats and information.

Not just generic stats, but your personal miner/worker stats.  Yes, it's time to take things to the next level.

The block explorer is a known useful tool and it's included in the wallet.

We've also included a web-based IRC client so you can come join us in chat if you have any questions, need a hand, or just want to talk with the NeosCoin community.

I've also set up a help desk where you can submit tickets in the event you have questions or issues, which is accessible through the wallet.

So now I suppose the question lingering is "What the heck is Arbitrush?"

It's what I've named the anonymous-tx system I've written from the ground up.  This system isn't like other approaches (or lack thereof as many have yet to come to fruition).  I think it sounds pretty cool and if you say it fast it sounds like "Arbitrage" - great movie.

You're given the option to use Arbitrush but with the understanding that in your region or area, it could be considered immoral or some sort of grey area.  As I said, this is just for project purposes and proof of concept.  We hold no liability if it's misused.

So a typical transaction would conduct as such:

Sender -> Recipient (on the blockchain shows where the coin came from)

If you enable Arbitrush:

Sender -> multi-homed farm -> Recipient (the sender "never sent" the coins, or so the blockchain thinks, it just came from "somewhere")

Now with the fact it's anonymous, how can you verify the funds did in fact arrive at the intended destination?

Easily.  Within the wallet interface is an area named "Arbitrush transactions".  Here only the sender (who is authorized via a one-time key-pairing in the Arbitrush system) can see the status on the blockchain of the transaction and the intended recipient (whom of course they already know anyway because well, they sent it there).  Proof of Transaction.

You can join us over at our community forum, or on IRC (freenode #neoscoin) with any questions.

I listed everything you need to research it yourself, what more do you need?

maths

What's your tech for anonymous transactions? Some sort of new CoinJoin implementation?

Not to be a smartass at all, seriously, Im looking at the price of coins that compare to Neos and it is EXTREMELY undervalued, simply because not many people know about because the devs shut down their thread early because they wont deal with the negative crap that goes on in this forum. They feel the coin will sell itself and the ARE on IRC, LITERALLY 24/7, you go there, they are there RIGHT that minute, it's nuts, they sleep at their desks, and I respect that. Hard to find such dedicated devs these days. And they have all the credentials to back up what they are claiming. And they are extremely active on twitter, updating the community each and every step.

Here are some of their interviews. And their ICO sold out in 11 hours. Now a month or so later, they already have V2 coming tomorrow night. Easily 100k to 150k just to start. Simply compare coins at their level. They were the price Neos is now, and they went up accordingly. No reason Neos won't follow the usual pattern. One of the few REAL coins in a MEGA pile of shit these days. Their anon is superior as well.

http://www.coinssource.com/neoscoin-coinssource-interview/

http://www.cryptoarticles.com/crypto-news/neoscoin-lots-of-functionality-with-a-unique-anonymity-system

http://www.cryptocoinsnews.com/neoscoin-locally-hosted-altcoin-developed-php/

http://blog.moolah.io/2014/09/17/mintpal-plans-for-v2-migration/

http://www.coinssource.com/neoscoin-is-a-different-breed-of-digital-currency/

These are just about V1, V2 is going to have 5 new features the devs say will take things to a whole different level and they have delivered so far, just remember you heard it here first.

Are you qualified to evaluate an anonymity algorithm that isn't even adequately described?

http://neoscoin.com/whitepaper/neoscoin.pdf

http://www.coinssource.com/neoscoin-is-a-different-breed-of-digital-currency/

Afaik, Cloakcoin, Darkcoin, jl777's Telepods, BTCD, and this (Neocon) are all suffering in one way or another from serious Sybil or DoS (on the anonymity, e.g. see what is happening to Bitmessage now) vulnerabilities. Their algorithms are also continually being "refined" which means to me "changing".

If they ever formally and technically fully specify their algorithms, then I can evaluate if their algorithms can be de-anonymized. Based on past digging, I think that (de-anonymization via Sybil or DoS) is very likely.

I am not saying their experiments are not worthy. But they are experiments and not well specified (yet).

A farm of secure nodes sounds like either a mixer or centralised coinjoin.

I'm not really seeing any major anonymity breakthroughs here.


You forget the reason for all the fuss about the CryptoNote coins. We want anonymous on the blockchain, we don't trust nodes or central "no log" servers.


AnonyMint, I am quite sure BCX is trolling.

AM you will get what you are asking for.

From what I have read, there will be enough information for you to be confident that a Sybil or DoS in NOT likely.


The fact is, this coin IS BY FAR the best choice for ANON right now.

There is supposed to be much more information on the second whitepaper

Is it true?

I've bought myself a small stash. You never know. Could be the next Monero.

Exactly, you throw a Bitcoin at it and it is highly likely to be worth much more 24 hours from now, if the Monero exploit ends up happening or not.

It compares with coins that have a value 10x to 30x what Neos costs now. I mean, you're definitely going to double your money at the very least when V2 comes out less than 24 hours from now.

It's a great hedge against Monero and other CN coins. The tech is sound and no one has said anything that shows this coin isnt what it says it is, and by now if there was it would be all over this thread. That tells you something right there.

It's a no brainer, and the devs are the most involved out there. I think they are androids, they never sleep, ever! lol  ;)

Impossible to know under we read formal specification.

Sounds like the built their own Tor-like network. Tor is not enough to provide unlinkability and untraceability. We can use Tor now with Bitcoin.

I am guessing. How can I know what they have when they don't describe it formally.

The title of this thread is very opportunist. Caveat emptor.

Hey,

Nice to see this post its a positive thing to see people care about Neos.

Its indeed a realy awesome coin at it will go a long way. Its way undervalued but that will just be a matter of time.

The releaso of v2 , soon will deff light a fire on to a high satoshi !

BTW almost forgot !

We should thank SYNTAKS for hes great work as dev.

yeah this is only the beginning and we need to get the word out, I think the devs are right that it will sell itself, but people have to know about it, for it to do so. I wish the devs didnt close the thread, but I can see their reasoning.

Im highly invested, so Im getting the word out ya know. And it's working, and it's nice to see people that highly respected members of the community are taking notice. They are a little doubtful right now, but I will try to figure out the answers to their questions as best I can, but they just know more than me obviously so I just need to research deeper, so I can explain it to them. I don't think the devs are trying to keep this stuff a secret so Im sure I can ask them and find out

Xenia , as soon as v2 start im gonna promote a lot , now the focus is mainly on makeing a damn great product ;).
That can shock people and understand why neos is so good.

Ofcourse any word out is good and it helps , love that your doing it atm

v2 will be like nothing you have seen before. I can promise you this. undervalued for whats about to happen.

And im very pleased that we will be on the Exchange Mintpal v2  !!

It sure is exciting to wait what V2 has to offer.

I liked the look of the wallet thus far:

https://www.youtube.com/watch?feature=player_embedded&v=Gzo76ws-a7A

I also like the way the dev interacts and doesn't give a fck and just develops and codes his thing

https://twitter.com/NeosCoin

smells like SCAM

Well you fortunately don't have to rely on smell.

There is plenty for you to research and test hands on and can see with your own eyes.

BTW, the dev, syntaks, is a highly respected coder in the community, maybe you didn't know that.

But I understand you being worried most coins are scams. This just isn't one of them lol

http://youtu.be/kbx_O4eg-v8

Check it all for more info from the dev.

WELL..... it doesn't give much info.

What info do you need still. I understood it. But you may have tech questions that I don't know to ask, it sounds great to me.
 What info is missing?

Videos like that never give much information since their purpose is to hype rather than to inform.

it sounds like someone trying to sell a time-share.

Jesus, I couldn't sell a time share if you paid me to.  Sorry if it wasn't informative enough - I haven't had much sleep.  What specifically do you want to know?  I'll try to clear up any confusion.  I thought the ideas behind how it worked were pretty clearly stated in terms of how it's broken up and so forth.  I could be wrong.

     Best regards,

syntaks

sorry , wasnt saying anything about you or the coin- not enough info for any of that.
with so many coins and so many p&d ( or worse) one is always suspect.

I'll continue watching before investing for now.

Well, how much do you bench, for starters.

Alright, got my order in. Let's see where this goes.

nothing against syntaks, but that was like the least "selling" type video I ever watched. lol. But I don't think his intention was to "sell" the coin, it was to answer questions. What questons are you tring to get answered?

You keep talking about missing information, I don't see that.

And you keep making statements about lack of info, which is fine if you feel something is missing.

But you aren't asking questions. So you intentions are getting suspect. If you are not trolling, and Im not saying you are, what do you want to know?

I didn't mean to come off like I was trying to sell anyone anything.  I don't want to sell Neos, I want it to earn its value - be useful, spendable, quality.  I'm not posting to convince you to buy it.  Only buy it if it's worth something to you - not because you think it's worth something to someone else.  As far as how much I bench - I haven't been to a gym in a long time.  +1 for making me laugh though =)

     Regards,

syntaks

I guess that is the exact reason the original thread was locked. I'll shutup now and observe.

you might have something that other people are wondering too.

Thats all I was getting at,  I don't want anyone to shut up, I want to get the word out, and get people involved in the community.

I not picking up that you are against Neos, I don't think that, but you may have some good points that should be explored.

Im not just a rah rah guy

If you need to ask that then most likely you have no idea whether your design can be Sybil or DoS attacked.

I have seen no such analysis.

So it's anonymous because it's...completely centralized.  ???

Smells like zombies ate your brain cause it sure aint functional.

This. The anonymity is 100% centrally controlled, miners have no incentive to enforce anonymity so who will provide it? The dev team? I may also remind you that this coin has a 5% premine. This makes it a pump unless proven otherwise. And by "proven otherwise", it has to have more than a shiny new website and a video about their super hyped v2 wallet.

In the end their "whitepaper" isn't all that impressive, it doesn't really go in depth about anything. I hate that every 1-2 page block of text saved in PDF format is now called a "whitepaper". Fuck that!

What's the 5% premine for?

That is called an ICO

Lol this coin doesnt have a premine but a ico and a ico aint bad for a coin at all.
It gives the dev. team some funds to look around for while they dont have any coins themself.
That way they can never be able to dump coins, but beside that i know syn and he will never do
anything bad to Neos cause he rocks a lot.

This coin is undervalued and on V2 there will be a big boost , what as i can see can happen easly.
$1 would be easly possible and worth it atm.

Can you check it out. For some reason, I thought you checked it out.

Well, be careful what you say, people believe what you say, I believe what you say a lot of the time, I listen to you, like AM said it lol. So your bumming me out. I don't want you to say that, I don't want that to be the case.

It's not the case. It would be cool if you could agree with that AM. Like I said, people listen to you and if you haven't looked into it I don't want people to listen to you and think these kinds of attacks are possible.

This is a very sound coin in a pile of shit that is coming out these days. And it would be good for you to be on out side with this coin.

Check into and get a hold of Syntaks the dev and ask him whatever you need. He's on IRC all the time 24/7

Can you ellaborate a bit more? ... or people will start thinking this is all an enllaborate thing to try to crush XMR while pumping Neos.

Is this a decentralized anonymous approach or does it go through a central location to create anonymity?

Its mixed a multiple nodes, it's the most effective way if you really want to be anonymous. If your looking for it to do it on the blockchain, it doesn't, but it's more effective and safer then any one doing it on the chain. You can invest in CN coins for that, but this way is superior and much safer overall. It's really exciting tech, if you really research into how it works

Watch this video. He put it out today to answer some questions about the anon that Neos uses.
http://youtu.be/kbx_O4eg-v8

yeah NEOS is not bad

Neos is undervalued,and will rise....
Only coin that i invest last mounth

Same here. It's on the rise now :) nearly 100% jump from yesterdays low.

NEOS is awesome.Best coin.

Neos is best long-term coin now.

http://www.neoscoin.com

I think we get that, but the problem is still the centralization. It's simply just a centralized mixer; it might be "effective", but it is definitely not safe! Indeed, it has a single point of failure or breach: the mixer. Unlike CN coins, where an attacker would have to compete with all the miners on the system, this coin is easily destroyed by someone gaining access to these nodes owned by a single person/group.

I say this not because I'm trying to light this coin on fire, but rather because all new coins in the crypto space should be subject to a high degree of scrutiny. The ones with merit will stand on their own.

Well said. Ultimately I don't see anything in this coin that deserves the hype. The major selling points are the centralized mixing service and the promise of a fancy wallet gui.

Not what I'm saying, and yes I've read up on it. Look, an attack on the centralized off the chain mixer will render this coin useless for anonymity. This is to not be confused for a breach in anonymity, just simply that the feature would be unusable.

Was just at their twitter, it looks like all the waiting is almost over. V2 here we come!!

I was just on twitter, reading his tweets will create respect for the developer:

https://i.imgur.com/hRMyGYV.jpg

Developer syntaks is a great guy.

One more reason to not worry about NEOS future

I Bought Some extra , love the coin and looks of it.

Syntaks doing a great job, and cant see why it can not go to the $1 easly

Hope the wait is over, I want to try the wallet :)

Today will V2 be released?

I hope...

Still looks a little glitchy.  :-X

HA HA that's funny!!! IT is so bad ass, one professional trailer if I ever seen one.

Like they hired some movie guy to do it or something

Yeah, syn is one cool cat.

Im happy the wait is finally over!!!

100k here we come. If it went up 100% before V2 just wait till tonight OMG

This is great information

At least now all the users that NEED reliable ANON have a more secure option than Monero or BBR

Before that's all they had, but times change and improvements are created.

NEOS is the currently now the best option out there. It WAS Monero, but technology ALWAYS evolves!!!!

Neos to 100k

The V2 trailer is completely useless, that's not how you want to promote software... maybe a UFC fight, but not something that has brains and potential behind it. The demonstration on the other hand finally shows something of value.

Well, the TRAILER isn't the movie, your supposed to get an idea of what it is and then the demonstration or movie is where the real thing is

Windows wallet released Neos to the moon

http://forum.neoscoin.com/t/neos-and-mintpal-v2/128

Neos V2 live, and one of the first up on the new Mintpal

+1