Bitcoin Forum

http://vanillacoin.net/papers/vanillacoin.pdf

clearly VNL has solved most of the problems facing Bitcoin, and soon all the Darknet coins once Dark++ has been released.

please do yourself a favour and become educated.

Superpeer collateral (10k) is just under 1 BTC (0.99) at polo. #ProTip  ;)

http://vanillacoin.net/wiki/Technologies/Node%20Incentives.md

Now where have I heard that name on this forum?

I skimmed over the white paper. Honestly looks like a lot of hand waving. Perhaps there is something notable in there but if there is I don't see it.

Does not appear to be math/proof based...just snippets of code which supposedly "fix" bitcoin's problems.

Prove it with math and an actual proof (actual examples) not hand waving.


Also...


And there are no drawbacks to using random ports?

I'm pretty sure randomizing the ports between nodes will cause some problems in some ways. This has not been discussed at all that whitepaper.

Is this a half-baked whitepaper?

Very half-baked, yes.

nice article on VNL

http://alt.report/altcoins/item/314-vnl-vanilla-coin-not-as-plain-as-the-n

expanded report

"Vanilla coin was launched in December 2014, currently Being developed by John Connor. Vanillacoin is not a clone of Bitcoin or Peercoin, it was engineered from the ground up and is designed to be innovative and forward-thinking. It prevents eavesdropping and censorship and has security in mind. Vanilla has come a long way from launch, still mineable using the WhirlpoolX algo and has GPU/CPU support. You are are also able to mine Vanilla using FPGA's. Vanilla uses random ports at startup. This means your ISP doesn't know what you're doing just by monitoring your ports, like it can with bitcoin, peercoin or even darkcoin. All TCP network connections are secured using the Elliptic Curve Cryptography Cipher Suites for Transport Layer Security. So all your ISP sees is normal SSL traffic. Vanilla also uses a multitier architecture design that enable it to scale better than any crypto based on a single tier architecture like Bitcoin.

Just looking at their Bitcoin Talk ANN  https://bitcointalk.org/index.php?topic=977245.0 is very well laid out. Its not often you see a alt coin with such a detailed ANN, very professional and transparent with their tech and future plans. They have their typical road map, white paper, and 4 month plan which gives investors a good idea what is in store for Vanilla. According to John Connor this is his full time job and by the looks of the github I cannot dispute that statement.

 

Some of the features already released and or in the works:

ZERO TIME- Is already implemented, and was the first alt coin to do so. 1 second transactions, and respendable in 2-3 seconds, this is very impressive.

NODE Incentive- 10k VNL to support the network, this is already in place and Super Peers will get a percentage of POW running the Node.

Energy Efficient POS - mobile wallets to use close to 0% of cpu while staking

Miner ++ Is a high performance C++11 cryptographic currency library that is not a clone of the original Satoshi codebase. It is 100% backwards compatible with Peercoin or any derived cryptographic currency.

Dark ++ (Work in progress) A framework for building or extending decentralized DarkNet applicants.

 

John Connor states that this is just the beginning and to date the releases have not disappointed.  I am looking forward to the tech that comes out of Vanilla and hopefully some more mainstream attention due to their groundbreaking updates and released features." 

please save us all of the pumping and hype.

If your whitepaper can't back up its claims with actual MATH and proofs of its claims...then it is just hype. Nothing more.

Man other coins beside Monero doing good is not the reason why ur coin is down on the ranks....stop hating.

I'd say the final nail in the coffin of VNC was when John Connor revealed that the secret angel investor that was supposed to be supporting the project was a lie. And surprise! The 'angel investor' was John Connor all a long!

Lead people to believe that there was outside financial interest in the project to pump the price and then pull the 'it's just a prank bro!'.

Very ethical.

It is not ethical to lie that an investor was supposely going to support a coin when there is none. It reminds me of Paycoin where the dev claims that a few of the big companies like Amazon were supporting the coin. It turns out to be a lie and Paycoin is dead.

if John decided to invest 100's of thousands of dollars of his time and wealth in the project I would still consider him an investor....  actually he is the best investor because that means the developer has a vested interest in the project succeeding...... 

but this is off topic.


the post is related to the whitepaper, hopefully Im not just answering another smooth/icebreaker puppet that I havent put on ignore yet.

Monero doesnt't even have a whitepaper because it's a copy and paste job. They got caught with a fake white paper in fact. Solo mined for 3 months. Yes, I've seen the fraud in the XMR blockchain. I will post the data for everyone. I have code, you have only a bagful of sock puppets with no coding skills. You all make me laugh. Your Scam is coming to a close now and the market confirms this. Good luck in prison. 8)

Thank you for your support.

tu quoque, John Connor?
http://www.logicallyfallacious.com/index.php/logical-fallacies/13-ad-hominem-tu-quoque

best regards

Ohai Scammers and liers.


Monero Whitepaper #1: https://lab.getmonero.org/pubs/MRL-0001.pdf                                                - A Note on Chain Reactions in Traceability in CryptoNote 2.0
Monero Whitepaper #2: https://lab.getmonero.org/pubs/MRL-0002.pdf                                                - Counterfeiting via Merkle Tree Exploits within Virtual Currencies Employing the CryptoNote Protocol
Monero Whitepaper #3: https://lab.getmonero.org/pubs/MRL-0003.pdf                                                - Monero is Not That Mysterious
Monero Whitepaper #4: https://lab.getmonero.org/pubs/MRL-0004.pdf                                                - Improving Obfuscation in the CryptoNote Protocol
Monero Whitepaper #5: https://downloads.getmonero.org/whitepaper_review.pdf                                 - CryptoNote review
Monero Whitepaper #6: http://eprint.iacr.org/2015/1098.pdf                                                               - Ring Signature Confidential Transactions for Monero
Monero Whitepaper #7: https://github.com/ShenNoether/MiniNero/blob/master/mrl_notes0.4_copy.pdf  - Size improvements in Ringsignatures, Knapsack sheme for anonymity, Confidential Transactions for Monero, Pigeonhole problem

fact:  VNL is using random ports with no noticeable side effects

fact:  VNL does allow near instant respendable transfer of coins,  while not yet having one double spend accomplished

fact:  VNL has come through on every one of its promised updates.

FUD: everything off topic in this thread!

Fact: VNL Creator is an Unethical piece of garbage.

Fact: Nothing revolutionary in VNL white paper.

Fact: No math proofs to show claims of IMPROVEMENTS to bitcoin protocol are true.

Fact: No peer reivew (non that was posted for all to see).

Who cares if they "update" a lot and often. So does Evan from Dash.

I'm sure Bernie Madoff updated his investors/clients regularly for years...and sure enough it was a scam.

UPDATES mean nothing if the guy has engaged in unethical conduct on this forum.

hey look its the XMR goonsquad... probably going on a tirade like usual. 

ahhh ignore button, so useful.

You can call anyone an investor. But saying there's a secret angel investor is quite different: https://en.wikipedia.org/wiki/Angel_investor

That was a super sketchy move.

wiki:  An angel investor or angel (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an affluent individual who provides capital for a business start-up

ummm....
  I do believe you are wrong on that count..  everything about the price movement of VNL has had the tell tale signs of strong well thought out investment. whether or not it is John moving the price forward, or it is an angel investor, makes no difference, because it is someone who knows what is going on and is keeping VNL moving along while it is being developed.

VNL has had three growth cycles since march....  No other coin in the history of crypto has done that yet...  you dont have that happen without a large investor.

Didn't bit coin ever have a year with three price surges each greater than the last that ended with the new bottom price being higher than the lows from the last cycle?

I don't have the charts from pre bitstamp so I really am unsure.

Sorry that last post was off topic, though it was in reply to a reply of an off topic reply.

Lol just so I don't remain off topic, does anyone have any reason to believe that having random ports may cause a problem? Or was that just the typical FUD response?

two new develpments this week...  I know I should leave this to the announcement thread, but with all the VNL scam bashing from the XMR crew, I just wanted to to add.   
Although cryptonote in itself is a fantastic add on to the Darknet, without a platform that is constantly evolving with the developments in the altcoin world, any one tech will be left obsolete.

1)

Wallet version 0.4.0 RC2 released
(Source: https://talk.vanillacoin.net/topic/260/version-0-4-0-rc2-release)

Quote
Changes:
Reduced memory usage.
Improved Berkley Database Performance.
Ability to dump all private keys and addresses to a CSV (comma separated value) file through RPC "dumpwallet".
ZeroTime locked transactions now prefer on-chain inputs over off-chain inputs.
Now uses multiple threads for processing asynchronous IO.
Reduced voting traffic for both Node Incentives and ZeroTime.
Incentive collateral is now kept in a reserve balance so as not to be included in Proof-of-Stake.
Automatic Rotating Wallet Backups at startup (no more than every 24 hours).
Coin Auto-Denomination through RPC "walletdenominate".
Improved wallet handling of keypool size changes.
Performance improvements
Bug Fixes

Denominated transaction support serves one purpose, to take an amount of coins and split them given pre-defined amounts. This can be useful for splitting coins for staking or potentially for performing (anonymous) transaction blending.

An example of a denominated transaction is as follows: https://blockchain.vanillacoin.net/tx/1bbbdaf1b13482ae3012a02d214d801140ce7f0f0dfba1d85e240307b7caa111

The following builds will be updated as we move forward:

http://vanillacoin.net/downloads/Vanillacoin.0.4.0.rc2_32.zip
http://vanillacoin.net/downloads/Vanillacoin.0.4.0.rc2_64.zip
http://vanillacoin.net/downloads/Vanillacoin.0.4.0.rc2.dmg

Thank you for your support.

2)

Seems we may get encrypted messaging:

https://github.com/john-connor/darkpp/blob/master/include/dark/whisper_message.hpp

https://twitter.com/IGetMadOnTime/status/668892506306793472

Noticable being the keyword there. Allthough I'll admit that I don't see any problems with using random ports. I know a few other applications that do that and seem to manage just fine.


Thing is, has anyone every tried to double spend ? (I know there was a competition. Still...did anyone actually try?) It's always easy to say noone has done it so it must be secure but that's not really gonna cut it. Either backup claims with math and a proper whitepaper or many people will just not buy into it even if your tech actually works.


Can't argue with that but - as others have pointed out - it doesn't really mean anything. Also are you really telling me that john connor is 100% trustworthy ? Come on !

So my direct response to the title of this thread: Why would anyone bother to read the whitepaper if john connor doesn't bother to write a proper whitepaper that actually backs up any of his claims ?

first off, I hope we both are in agreement over the fact that all cryptoprojects have some level of vulnerability, the question is always how vulnerable, and has anyone figured out how to do it.  do I think that John has created a flawless unbreakable code? no of course not, but poloniex has been running VNL on one confirmation and can be withdrawn pre 1 conf with zerotimelock, they have code reviewers and have a lot to lose if it fails.

secondly can you tell me one altcoin developer that is %100 trustworthy? Come on!!
John just has a track record of coming through with development promises which has been 100 x's better than most developers here.


VNL is still being developed and as such should still be under scrutiny.  thanks for that, but I dont see any reason to believe that john does not have the skill to make it all work.
people should be looking at all altcoins understanding this.  If John can make his promises work, and make things like instant tranfers sound enough that double spending because untenable than I will be thankful that I was able to help the project along any any way I could.

hope that answers your responses

OK so I think I have gotten way off topic on this thread, sorry!!


I will lock the topic and come up with a better one where we can discuss double spending VNL.