Re-posting the same old crap from multiple other threads stretching over years in no way makes the ideas your own.

-MarkM-

Unfortunately your ideas are old hat, ancient ideas brought up over and over and over and over in many many threads even within just this forum website let alone across the whole distributed storage field the Open Transactions people's discussions and gosh knows where else.

So basically you are just a parasite trying to suck money out of other people's ideas without having a damn thing of use to contribute yourself except maybe if you can con money out of people - your main skill is presumably con-man aka fundraiser?

(aka scammer)

-MarkM-

I think some of you took the wrong idea from "running out of content".

The point is that authors should not be getting shares of mined bitcoins, they should be paid from the advertising revenues earned by the Devtome site.

The "run out of content" idea is basically that if we take away the constant massive throwing of outlandishly high amounts of coin at Devtome, letting it work like it is supposed to work, which is by having ads on it and using the revenue it earns from the ads to BUY DeVCoins on markets and pay the authors with THOSE DeVCoins, NOT with freshly minted DeVCoins, then we might find that people spend less time thinking up drivel to post to Devtome, resulting in Devtome running out of content DUE TO the authors failing to produce revenue-generating content thus failing to get paid thus possibly, maybe, according to some theories, no longer providing content.

I do not think it need happen that way for certain though, because other things could happen, gosh knows exactly what but suppose being published on Devtome was a valued privilege, maybe people would even pay to have their material published there or something.

But there does seem at a glance a chance that maybe if authors ONLY got paid what their articles ACTUALLY EARN BY ADS, a whole lot less "content" would be produced...

And that might make DeVCoins go up in exchange rate DUE TO less idiots who do not value the coins they get because they get them for work they consider value-less, to wit the posting of drivel to Devtome, having coins to dump for low prices.

In short, maybe if the minted coins went to people who value them instead of to people who are getting insane out of line massive amounts of them for pretty much doing nothing, or for promoting themselves and their ideas on someone else's bandwidth-and-hosting bill, they wouldn't get thrown away dirt cheap on the exchanges all the damn time.

(The fact that authors dump their coins cheap is probably at least partly due to them getting too many coins for too little work thus not valuing the coins highly.)

-MarkM-

You still have not solved the problem of a user not being able to pose a viable proof demand without already being in possession of the data desired.

I get the impression you have not researched even the many discussions of distributed storage right here on this forum let alone the literature in general.

-MarkM-

Are you sure you are still logged in?

-MarkM-

You act as if it is surprising that a scam is a scam.

Sheesh.

-MarkM-

I am constantly buying low and selling high, I have offers at every satoshi of price both up and down, when I buy some I put them for sale higher and when I sell some I place a buy offer lower.

The goal is eventually to have a huge enough pile of buy offers that it could buy up all existing DeVCoins, thus assuring each and every one of them is worth at least one Satoshi.

Then to keep building too, so all are worth at least two Satoshis, all are worth at least 3 Satoshis and so on...

-MarkM-

Okay so if my node does that, and notices that the node it demanded that proof from is lying, what then?

Who does my node report it to?

Does it broadcast to all the network a claim that the other node is lying?

What prevents my node making such broadcasts as an attack?

So far you do not seem to have solved any of the fundamental problems that have been discussed to death, you are just asking for money like any other bullshit scammer who has no actual solutions to offer.

-MarkM-

So who checks their storage?

What happens if they publish a hash they claim is the hash of Tomb Raiders and it turns out not to be?

How often is that checked? How does the network reach consensus if someone claims the hash provided is not in fact the hash of the file it purports to be a hash of?

-MarkM-

So delivery of the file on demand is neither tested nor proven?

Who gets to demand the node provide a new proof of work?

Who selects the purportedly "random" string the node is asked to use along with the file to prove it has the file?

What effect does the slowness or speed or failure etc of delivery of the file to end users have on all of that?

What measures are in place to prevent e.g. a botnet from flooding a node with demands for proof of storage of some file or other?

-MarkM-

Not sure how the zeroes come into it, that sounds like an attempt to do some kind of proof of work rather than proof of storage.

Who enquires of each purported storage node or device as to whether it still is storing what it purported to store, and how is consensus achieved regarding any claims as to whether or not any particular node is in fact still storing, and, probably more importantly, is still delivering upon demand, the material it purported to store?

All your "explanation" seems to say is once upon a time the node had the data, then it wasted time/energy doing a proof of work type hash looking for zeroes.

It says nothing about proving, 24/7, that the node still has the data nor that it is delivering it on demand at reasonable speed to anyone or everyone who requests it.

-MarkM-

A counterparty clone not a mastercoin clone, because mastercoin depends on a third party blockchain based system with all the problems that such blockchains bring with them.

But why not base it on NXT instead of Counterparty?

Why is NXT evidently not even on your list?

Or Ripple for that matter, though my own reason for not cloning Ripple to make new things is it has too much un-needed crud around it, it is not a nice simple clean and clear currency it has all that IOUs stuff woven through it too that is added complication I would prefer to do without when cloning lots of new things.

-MarkM-

No sign so far though of a solution to the proof of storage problem which has been so often discussed but seemingly never adequately solved in a distributed way?

-MarkM-

Maybe grab Counterparty source code once it is complete and works, and use some game or something to distribute initial coins instead of burning stuff?

That way anyone can get in on the initial coins simply by putting in some time and effort playing games or a game.

Anyone who prefers to spend money instead of playing games can buy from the gamers, its a simple trade-off of whether they feel their time is better spent playing or "working"...

-MarkM-

Depends whether you are a miner or an investor.

Miners just mine whatever crap they can screw someone over by selling, regardless of how screwed up the crap is.

For investors on the other hand there is no scrypt based coin that comes close to litecoin for security, even DOGE has pretty crappy hashrate compared to litecoin, the litecoin miners could PWN it any time they choose to. Even litecoin isn't really all that secure itself maybe since it has no specialised hardware to mine it yet.

So for investors there are a whole lot less hot coins than there are for miners.

For fly by night nightraders out to screw anyone over any way they can well they are much like miners, steal what you can however you can no matter how crappy and insecure the garbage you con idiots into buying...

-MarkM-

The value tends to drift down and down and down as people blindly dump it instead of setting a specific price they want to wait for before selling it.

That seems to be the main normal activity, people dumping it.

Then from time to time someone comes along who cannot be bothered to simply place a bunch of lowball buy offers and wait for all the dumpers to gradually sell to those cheap offers, instead they just buy however many million they want, driving the price over 300 or nearly to 300 or over 200 or, last time around, up to 193 Satoshis.

Then the constant endless blind dumping gradually sends it down again until next time around.

DeVCoin are not low price right now really, they are actually high price, since they used to be hovering around 30 Satoshis while bitcoins were worth only $100 or less. Right now the price is still way up above 30 Satoshis despite bitcoins being worth $800+

Until it gets down to 30 or less it is not low at all, it is maybe still on its way down unless we have stacked up a huge enough pile of buy orders this tiem around to keep it getting that low this time around.

Basically pick the price you want for your coins and place a sell order there. Usually it used to take less than several months before someone would buy them. Last time around there was months of low prices before finally someone came along and bought all sell offers way up through 193. But not, that time over 200 like had happened in the past, let alone up over 300 as also happened once upon a time. (Back when bitcoins were worth 1/10th or less what they are worth now... That 193 Satoshis was recent, bitcoins were worth a lot, so that 193 Satoshi recent price was way way higher real price than back when they once went over 300 Satoshis...)

Basically dumpers dump all the time, it is going on constantly, but big buys seem to be seasonal or cyclical or something, they happen then they go away sometimes for months.

Once Devtome has to buy DeVCoins to pay authors with, the authors dumping will maybe in effect be dumping them cheap to their employer, Devtome, who will be buying them with advertising revenues...

The main reason the price takes so long to go back down after a spike is probably mostly the fact that almost all the bitcoins the high price buyers pay me for DeVCoins I pile back up on the buy side to slow down the rate at which the price falls back down. But I only have as many bitcoins as the high-rollers paid so eventually my pile of buy offers gets eroded.

-MarkM-

You could maybe even try to forward it to abuse@google.com or some such place...

-MarkM-

The loopback address ( 127.0.0.1 aka localhost ) works without needing special mention in the config file or commandline args.

Which of course is yet another reason not to run on a shared machine.

-MarkM-

Where did you find that?

All google finds for me are domain names and PRG character names.

Googling Dictionary: cryptonity finds no such word...

Vlad needs to put it into the urban dictionary or some such thing.

-MarkM-

Yeah I have seen a lot of good deals scattered all over Nova Scotia.

And I have a really good guy doing my renovations on my existing country-house whose career goal is basically to be more and more of a "general contractor" type so flipping properties is a real possibility too. Also buying good deals on undeveloped land and building whatever we want on it. Especially cryptocoin-powered houses...

Hopefully by the end of this month I will have power hooked up at my country-house, a 400-amp hookup.

Right now I cannot even plug in all my mining gear, I have my latest four BFL 50-GH units plugged in at the electrician's home for now.

-MarkM-