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1541  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: September 16, 2014, 01:09:34 AM
We broke 1million on CoinMarketCap, great job devs! Smiley
1542  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: September 16, 2014, 01:05:30 AM
Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.
[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6
To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f
Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Wouldn't it be better to donate BTC? If gnosis wants to use donations for expenses, BTC would be better. If the donated ANC end up on the market, it will create a lot of unnecessary sell pressure.
Assuming 4000 ANC, it's not much and will not cause significant selling pressure. I have put up a buy order for 5000+ right now at 0.0017.

Also the way this pump is going we are on track to reach $1 parity in the next couple days anyways. At current prices only 3480 ANC is needed.
1543  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: September 16, 2014, 12:51:31 AM
Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.
[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6
To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f
Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Awesome! I hope more supporters will donate to the cause!
1544  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: September 16, 2014, 12:37:43 AM
Gnosis: Somebody asked what will happen when (eventually) Shors algorythm breaks RSA. As it relates to Anoncoin, the RSA-UFO will be factorable and a malicious party could mint bogus Zerocoins

that is a good question. Is there an estimated timeline for when Shors algorythm will have the potential to break RSA?

a couple decades at least
1545  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: September 16, 2014, 12:31:55 AM
Gnosis: Somebody asked what will happen when (eventually) Shors algorythm breaks RSA. As it relates to Anoncoin, the RSA-UFO will be factorable and a malicious party could mint bogus Zerocoins
1546  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: September 16, 2014, 12:28:46 AM
Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.
[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6
To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f
1547  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: September 15, 2014, 01:43:22 AM
Without denigrating any comment, I don't think we need to take Darkcoin as an example. From the start Darkcoin is based on lies and non-transparency. In my opinion this is why they will never succeed to get market adoption.

When Anoncoin will succeed to implement ZC, it will be the first truly and trustless anonymous coin. Every fork of ANC will be only Pump/Dump and fail.

Just some advertisement Wink
Take the opportunity of this "high" to buy the Anoncoin T-Shirt with old logo (Guy Fawkes). Only 30 pcs are in stock! Then, I will produce a new T-Shirt with new logo A.

Hey Skaia, You site seems to use CloudFlare which notoriously blocks Tor Exit Nodes. Any chance you could disable it?
1548  Alternate cryptocurrencies / Altcoin Discussion / Re: Zerocoin and Anoncoin - efficient relationship? (Anonymous tech) on: September 14, 2014, 09:13:40 PM
It is impossible to trust zerocoin, because the developer have to create a kind of password and we have to trust him to destroy this, if he keep a copy of it he can create unlimited anoncoins. Therefore I will never be able to fully trust anoncoin.

Ring signatures are the future. Take a look at Monero.

Anoncoin is using RSA-UFOs (RSA of unknown factorization). This will allow a completely trustless setup. People have been contributing cpu cores to this project for more than two months. The results are scheduled to be released tomorrow.

Source:
https://github.com/Anoncoin/ufo_client
https://en.wikipedia.org/wiki/RSA_%28cryptosystem%29
https://wiki.anoncoin.net/RSA_UFO
http://f3.tiera.ru/2/Cs_Computer%20science/CsLn_Lecture%20notes/I/Information%20and%20Communication%20Security,%202%20conf.,%20ICICS%2799(LNCS1726,%20Springer,%201999)(ISBN%203540666826)(334s)_CsLn_.pdf
1549  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: September 11, 2014, 05:49:03 AM
All invalid craptsy txs have been mined.

Thank You K1773R: may we all take the "fuck Cryptsy" pledge and never use their shit ever again.  Smiley
1550  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: September 08, 2014, 05:12:14 PM
I'm making progress on the DarkNet exchange. No date for competion yet (don't want to disappoint) but i hope to provide the community a secure, anonymous, no js, trading experience.


1551  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: August 29, 2014, 07:51:31 PM


With the exception of CryptoNote no other anon coin offers even a remote chance at real anonymity.  Nothing but gimmicks.

I'm pretty stunned at how many people are paying big money for CrapCoins for gimmicks like DARK, BitcoinDark, etc...

What about the implementation of zero coin. I've heard that holds the real promise of anonymity
Both Zerocoin and Zerocash are abject trash until they demonstrate that the necessary key can be created in a trustless manner. I doubt that is possible. Even if it is, there will always be a degree of doubt. The consequences of such a key being retained and misused would be disastrous. Why even take the risk when there are other solutions without this issue? Perhaps zero knowledge proofs will have some applications, but a cryptocurrency is not one of them.

lol, what are you shilling for? Anoncoin is using RSA-UFO for a 100% trustless setup.

Source:
- https://wiki.anoncoin.net/RSA_UFO
- http://f3.tiera.ru/2/Cs_Computer%20science/CsLn_Lecture%20notes/I/Information%20and%20Communication%20Security,%202%20conf.,%20ICICS%2799(LNCS1726,%20Springer,%201999)(ISBN%203540666826)(334s)_CsLn_.pdf
- https://github.com/Anoncoin/ufo_client
1552  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: August 27, 2014, 01:21:06 AM
Is ANC under a blockchain spam attack like XMR was some days ago?

No blocks since five hours and Network Hashrate @ 12.47 GH/s

Last blocks are all with 29 tx of small amounts to AJqUPzbF6epPjkyoGhV1VKYJL68nYBaSQS

Now we can see the importance of the algo...

The transactions to AJqUPzbF6epPjkyoGhV1VKYJL68nYBaSQS are most likely cryptsy getting rid of dust. That doesnt seem to explain the hash rate spike and the block delays.
1553  Alternate cryptocurrencies / Altcoin Discussion / Re: anoncoin market places on: August 25, 2014, 05:08:43 PM
I'm curious if people are using anoncoins in a silkraod style marketplace now adays.

I'm not looking to participate but was thinking that might shed some speculative light on which anoncoin was going to pull ahead.

So what say you anoncoin fans coin supporters, are people currently using anoncoins to sell and buy drugs?

Currently there are several people working on it. Personally I am building something over OpenTransactions, but its still in an early development stage.


Quote
other then bytecoin has been for the last 2 years of course Wink


Bytecoin is a scam and nobody on any darknet forums has heard of it before it was "discovered" and posted here.
"Blowing the lid off the CryptoNote/Bytecoin scam..." - https://bitcointalk.org/index.php?topic=740112.0
1554  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: August 25, 2014, 12:27:35 AM
Thanks for all the feedback!!  Grin

It's soon time to move away from i2psam now, and over to libi2p btw, more tomorrow @ PS weekly Grin

Excellent! I look forwards to direct i2p integration.  Grin
1555  Alternate cryptocurrencies / Altcoin Discussion / Re: Innovative Crypto Currencies and Decentralized Applications/Corporations/Funds on: August 24, 2014, 07:06:24 PM
ZeroCash transactions are very easy to verify also very small. Unfortunately ZeroCash cannot generate trustless initial parameters. In lots of ways its preferable to ZeroCash however somebody with the initial perams could grant themselves zerocoins without ever being detected. Considering that the research is being funded by the American and Israeli  Governments, the risk are credible. "This work was supported by: ... the U.S. Defense Advanced Research Projects Agency (DARPA) and the Air Force Research Laboratory ... Israeli Centers of Research Excellence I-CORE program (center 4/11); the Israeli Ministry of Science and Technology; the Office of Naval Research ..."

Anoncoin's implementation of zerocoin will use completely trustless parameters with RSA-UFO's.

Source:
- http://zerocash-project.org/media/pdf/zerocash-oakland2014.pdf
- https://wiki.anoncoin.net/RSA_UFO
- http://f3.tiera.ru/2/Cs_Computer%20science/CsLn_Lecture%20notes/I/Information%20and%20Communication%20Security,%202%20conf.,%20ICICS%2799(LNCS1726,%20Springer,%201999)(ISBN%203540666826)(334s)_CsLn_.pdf

Thank you for bringing this to my attention.

I thought that the Zerocoin team abandoned the project and had transitioned to Zerocash. I guess I am having a hard time understanding why they would do this if Zerocash has the security implementations you mentioned.. printing money anonymously. I can see how that could be possible and I seem to remember reading about this at one point, so I do not believe you are making it up. Can you please explain that to me.. why they would transition from Zerocoin to Zerocash if that is the case? Or, have they since abandoned Zerocash and went back to the Zerocoin project? That is kind of confusing! Nevertheless, I will look into ZeroCash's possible security implications and re-asses my synopsis and opinion. I had taken Zerocoin off of the list and replaced it with Zerocash based off of the understanding they had shifted gears to Zerocash.

As to Anoncoin, I am trying to judge crypto currency projects based only on the features that their current release has (unless they don't have a current release and are only in development.) Was my synopsis for Anoncoin correct when taking this into account? The only reason for doing it this way is because I have no way of knowing if planned features will ever make it to a release. There have been a lot of developers that have promised <insert feature here> and failed to deliver. For what it's worth, I did mention that you guys were in the process of implementing Zerocoin and would reassess it when you have successfully done that. Anoncoin currently has Tor and i2p capability, did I miss anything else like a coin join implementation?? Or, are you guys focusing on implementing Zerocoin?

ZeroCash is uses more advanced succinct non-interactive zero-knowledge proofs (z-snarks) to hide both transaction addresses AND amounts. This actually conceals the entire blockchain. However there is the potential backdoor. To be fair this does not compromise the anonymity of the network. It allows somebody to sign bogus transactions into existence. Miers (one of the researchers) has admitted this 

Anoncoin has actually already built the RSA-UFO generator and supporters have been contributing CPU power to this project for almost 2 months. Gnosis (the ANC dev in charge of implementing ZC) said on the IRC channel that he plans on wrapping things up at the end of the month.

The Anoncoin devs are committed to implementing ZC.  While your criticism of their delays are founded they are still active and plugging away at it and have actual code to show for it.


https://twitter.com/secparam/status/468784402558771200
https://github.com/Anoncoin/ufo_client
1556  Alternate cryptocurrencies / Altcoin Discussion / Re: same 8 or 9 guys hang out here juggling accounts day in / day out on: August 24, 2014, 06:27:07 AM
Why do Newbie account seem to be the experts all the time  lol

account #340,001 created  Roll Eyes

Its an observation. Why don't you take it down a notch.
1557  Alternate cryptocurrencies / Altcoin Discussion / Re: Innovative Crypto Currencies and Decentralized Applications/Corporations/Funds on: August 24, 2014, 06:06:13 AM
THIS IS NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH.

All opinions stated here are certainly debatable, if you think I'm wrong about something then please let me know. I will take everything said to heart, but I will still form my own opinions which will be posted here in the OP. Feel free to bring anything to my attention- by posting my opinions here I would like to incite debate, not give investment advice. Please let me know if I have made a factual error somewhere.

-----------------------------------------------------------------

List Of Innovative Crypto Currencies And Decentralized Applications/Corporations/Funds

If you think I have left an innovative crypto currency project out, then feel free to let me know. However, every project that will be included on this list will be up to my sole discretion as to whether it is innovative or not. Projects are listed in alphabetical order. Some descriptions have been copied from each respective project's web page and/or thread due to the amount of time it would take me to write a custom description for each one. Credits for the descriptions go to each project. If you'd like to help me maintain this list, there is a list of crypto currencies I plan on adding at the bottom of this post. Please use the same format that I have used here, and include a short description & important links.

-----------------------------------------------------------------

Anoncoin
Anoncoin was released on June 06, 2013.
Website: http://anoncoin.net
Forums: http://forum.anoncoin.net
Thread: https://bitcointalk.org/index.php?topic=309716.0
Discussion thread: https://bitcointalk.org/index.php?topic=227287.0
Twitter: https://twitter.com/anoncoinproject

Anoncoin was the first cryptocoin that supports the i2p & TOR darknet. With the addition of being fully tor compatible there is a huge possibility of hiding in plain sight by transferring coins using the darknets only. This  kind of transfer across darknets, exchanges, and "coin mixers" can help you ensure that the coins you received initially either from mining, purchasing, or as payment of services can be fully scrambled and thus not traceable back to your wallet. Even if the blockchain is studied in detail there will be no way to tell which coins belong to what wallet, nor any kind of ID.

My Opinion (on Anoncoin): SELL - Although Anoncoin was the first crypto currency to implement i2p and Tor to the wallet client, it still has a public block chain like Bitcoin- all transactions are out in the open for anyone to do block chain analysis on. Therefore Anoncoin is only pseudo anonymous, just like Bitcoin, and in my opinion this is one of the weakest anon coins as far as anonymity goes. Although Anoncoin is in the process of implementing an older version of Zerocoin, it does not seem like it will ever be more anonymous than Zerocash, there are already anonymous coins out there, and I fear the Zerocoin implementation may be too little too late. If they do implement ZeroCoin technology I will reassess this at a later date.

My Opinion (on the innovation): Implementing Tor and i2p to the client is a good step forward in protecting privacy. Masking peoples IP addresses through the use of Tor/i2p is a necessary step for a completely anonymous crypto currency. People are quick to assume that privacy is only needed by criminals, or if you are doing something wrong that you would like to hide. However, this couldn't be further from the truth. There are numerous reasons why the average joe that has nothing to hide should want to keep his or her financial information private. Bitcoin is only pseudo anonymous and Bitcoin addresses can be linked to identities several ways, further increasing the privacy of crypto currencies is important to protect the end users. Unfortunately Anon coin suffers from the same issue.

-----------------------------------------------------------------

Zerocash (formerly Zerocoin)
In development.
Website: http://zerocash-project.org/
Brief Description of How Zerocash Works: http://zerocash-project.org/how_zerocash_works
FAQ: http://zerocash-project.org/q_and_a
Shortened Whitepaper: http://zerocash-project.org/media/pdf/zerocash-oakland2014.pdf
Full Whitepaper: http://zerocash-project.org/media/pdf/zerocash-extended-20140518.pdf
Unofficial Update Thread: https://bitcointalk.org/index.php?topic=362468.0
Twitter: https://twitter.com/ZerocashProject
Reddit: http://www.reddit.com/r/Zerocash/

Zerocash is a new protocol that provides a privacy-preserving version of Bitcoin (or a similar currency). Zerocash fixes an inherent weakness of Bitcoin: every user's payment history is recorded in public view on the block chain, and is thus readily available to anyone. While there are techniques to obfuscate this information, they are problematic and ineffective. Instead, in Zerocash, users may pay one another directly, via payment transactions that reveal neither the origin, destination, or amount of the payment. This is a marked improvement compared to Bitcoin (and similar decentralized digital currencies), where every payment's information is made public for the whole world to see. Zerocash improves on an earlier protocol, Zerocoin, developed by some of the same authors, both in functionality (Zerocoin only hides a payment's origin, but not its destination or amount) and in efficiency (Zerocash transactions are less than 1KB and take less than 6ms to verify).

Zerocash extends the protocol and software underlying Bitcoin by adding new, privacy-preserving payments. In doing so it forms a new protocol that, while using some of the same technology and software as Bitcoin, is distinct from it. This new protocol has both anonymous coins, dubbed zerocoins, and non-anonymous ones, which, for purposes of disambiguation, we call basecoins. In contrast to Bitcoin's transactions, payment transactions using the Zerocash protocol do not contain any public information about the payment's origin, destination, or amount; instead, the correctness of the transaction is demonstrated via the use of a zero-knowledge proof. Users can convert from basecoins to zerocoins, send zerocoins to other users, and split or merge zerocoins they own in any way that preserves the total value. Users may also convert zerocoins back into basecoins, though in principle this is not necessary: all transactions can be made in terms of zerocoins.

My Opinion (on Zerocash): BUY/HOLD - From the outside looking in, Zerocash seems to be one of the most truly anonymous crypto currencies in development. Furthermore, it was created and is being developed by very smart individuals heavily involved in Cryptography research in academia. I find it hard to believe that they will release a sub par crypto currency for those reasons.

My Opinion (on the innovation): People are quick to assume that privacy is only needed by criminals, or if you are doing something wrong that you would like to hide. However, this couldn't be further from the truth. There are numerous reasons why the average joe that has nothing to hide should want to keep his or her financial information private. Bitcoin is only pseudo anonymous and Bitcoin addresses can be linked to identities several ways, further increasing the privacy of crypto currencies is important to protect the end users.

-----------------------------------------------------------------


ZeroCash transactions are very easy to verify also very small. Unfortunately ZeroCash cannot generate trustless initial parameters. In lots of ways its preferable to ZeroCash however somebody with the initial perams could grant themselves zerocoins without ever being detected. Considering that the research is being funded by the American and Israeli  Governments, the risk are credible. "This work was supported by: ... the U.S. Defense Advanced Research Projects Agency (DARPA) and the Air Force Research Laboratory ... Israeli Centers of Research Excellence I-CORE program (center 4/11); the Israeli Ministry of Science and Technology; the Office of Naval Research ..."

Anoncoin's implementation of zerocoin will use completely trustless parameters with RSA-UFO's.

Source:
- http://zerocash-project.org/media/pdf/zerocash-oakland2014.pdf
- https://wiki.anoncoin.net/RSA_UFO
- http://f3.tiera.ru/2/Cs_Computer%20science/CsLn_Lecture%20notes/I/Information%20and%20Communication%20Security,%202%20conf.,%20ICICS%2799(LNCS1726,%20Springer,%201999)(ISBN%203540666826)(334s)_CsLn_.pdf
1558  Alternate cryptocurrencies / Altcoin Discussion / The Next Crypto Wave. on: August 24, 2014, 05:39:37 AM
Bitcoin. Litecoin. Memecoins. CountryCoins. AnonCoins. Lots of you have been wondering, "whats next?" Well let me tell you about exchange coins.

Take a look at coinmarketcap.com

#3 BitsharesX - Trade crypto equities with security, privacy and speed.
#4 Ripple - An Open Distributed Exchange
#5 NTX - The Nxt Asset Exchange
1559  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Official Anoncoin chat thread (including history) on: August 24, 2014, 05:16:57 AM
Say your opinion!

A hypothetical question that does not necessarily have any ulterior motive; If Anoncoin switched hashing algorithm, what type of hashing algorithm would you liked to see then?

a cpu only algo
1560  Alternate cryptocurrencies / Altcoin Discussion / Lets be honest on: August 19, 2014, 02:21:43 AM
Lets be honest. According to coinmarketcap there are 30 coins with marketcaps above $1,000,000USD and 86 over 100,000. Are these valuations justified or is this just like any of the other irrational speculation bubbles of the last 400 year? Ask yourselves this. How hard is it to get your coin that valuation? A couple hours of copy-and-paste coding and a website? Some shiny gimmik? We all know that the markets are in turmoil. Are you surprised? How long did you think this party would last? How is this different then the dotcom boom? Share you thoughts below.
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