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1841  Alternate cryptocurrencies / Altcoin Discussion / Re: Do ETH investors understand Ethereum? on: March 08, 2016, 03:52:35 PM
Your FUD is targeted on noobs and fools, good luck and try harder.

I have challenged Vitalik twice and he hasn't replied. All the experts here have access to my posts and can refute me, and they haven't.

Your post was completely devoid of any informational value. You've refuted none of my technical posts. Zero. Zilch. You are completely silent.

Personally I'm glad Vitalik hasn't responded to you. He has more important things to do with his time than replay to butt hurt nut jobs who are bitter they missed the ether train.

The typical excuse a pumper makes when is unable to refute any of the facts stated by me.
1842  Alternate cryptocurrencies / Altcoin Discussion / Re: Why all centralized coins fail on: March 08, 2016, 03:50:04 PM
The conversation with the Computer Science Professor continues:

https://www.reddit.com/r/btc/comments/49a14r/how_the_heck_are_actual_bitcoin_users_who_want_a/d0rt03p
1843  Alternate cryptocurrencies / Altcoin Discussion / Re: Do ETH investors understand Ethereum? on: March 08, 2016, 03:44:03 PM
There a lot of noise about Ethereum and so I done a little research and I find this site it's very informative it's a newbie guide but I guess everything I want to know about Ethereum that I need to know fast are all here please check it out

http://www.ethereum-101.com/

That is hype. Not truth. Read my posts in the Ethereum Paradox thread if you want to understand the truth. It requires understanding the details.

If all you want is a good fairytale, then read the link you quoted.
1844  Alternate cryptocurrencies / Altcoin Discussion / Re: Do ETH investors understand Ethereum? on: March 08, 2016, 03:42:16 PM

Another failure that followed Tablet.
1845  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: March 08, 2016, 03:38:06 PM
I am not claiming resistance against a 99% proof-of-work adversary.

"Impossible" was more about impossibility of you claiming such the nonsense than about impossiblity of such a protection.

Actually I did briefly some months ago state that I thought the honest miners could fork away from the 99% adversary if they could identify which transactions were censored on the dishonest chain. I hence explained in the Decentralization thread to monsterer why that is not possible because there is no objectivity other than the longest chain rule.

Amazing he forgot that discussion, since that was another thing I taught him that he thought was possible. If he denies that, I will dig up the link.
1846  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: March 08, 2016, 03:32:55 PM
What does that even mean? How can something be impossible when it is ill-defined.

I thought standard assumption of an adversary controlling 99% of the hashrate had been used.

Oic. Monsterer is referring to something I wrote many months ago then, which I told him was flawed and was abandoned (that was well before I started the Decentralization thread about the CAP theorem and the Satoshi Didn't solve the Byzantine Generals Problem thread wherein it is has become quite clear that 33 - 51% is the maximum ... it also happens to be when I was in delirium in the August to October timeframe due to a 10 day water only fasting and precipitous decline in my health which I have since improved considerably). He somehow conflates that with the design which has gelled since I started the Decentralization thread.

I am not claiming resistance against a 99% hashrate share proof-of-work adversary.
1847  Alternate cryptocurrencies / Altcoin Discussion / Re: Do ETH investors understand Ethereum? on: March 08, 2016, 03:25:24 PM
Your FUD is targeted on noobs and fools, good luck and try harder.

I have challenged Vitalik twice and he hasn't replied. All the experts here have access to my posts and can refute me, and they haven't.

Your post was completely devoid of any informational value. You've refuted none of my technical posts. Zero. Zilch. You are completely silent.
1848  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: March 08, 2016, 03:21:54 PM
Nobody knows how to scale a block chain decentralized. Iota neither.

That is the issue that isn't solved and Ethereum sharding direction will never work because it is fundamentally mathematically impossible to make it work.

I have an idea of how to scale a block chain with decentralized control.

On top of that, scripting can break the security of the block chain by opening new income for 51% attackers. So it is another step to solve after solving the scaling problem.

None of these 2.0 clones are any where near to those solutions. Ethereum is flying off in the wrong direction, which is perfect for me. I hope they continue with Casper. The smartest thing I could for my coin is to shut up so no one tries to go review my past descriptions and figure out how to do it.
1849  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: March 08, 2016, 03:21:45 PM
Code:
99% attack resistant

Impossible.

What does that even mean? How can something be impossible when it is ill-defined.
1850  Alternate cryptocurrencies / Altcoin Discussion / Re: Do ETH investors understand Ethereum? on: March 08, 2016, 03:20:38 PM
Nobody knows how to scale a block chain decentralized. Iota neither.

That is the issue that isn't solved and Ethereum sharding direction will never work because it is fundamentally mathematically impossible to make it work.

I have an idea of how to scale a block chain with decentralized control.

On top of that, scripting can break the security of the block chain by opening new income for 51% attackers. So it is another step to solve after solving the scaling problem.

None of these 2.0 clones are any where near to those solutions. Ethereum is flying off in the wrong direction, which is perfect for me. I hope they continue with Casper. The smartest thing I could for my coin is to shut up so no one tries to go review my past descriptions and figure out how to do it.
1851  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: March 08, 2016, 03:09:16 PM
The PoW is negligible, I assume that OP is talking about For All Practical Purposes free transfer, not some breaking the conservation of energy and flattening the curvature of the space-time continuum in a holographic principle type of manner 'free'. And as CfB has pointed out: the rest of your post is nonsense. Why the constant dishonest hyperbolic statements about IOTA from you?

Actually if you review my prior reply to CfB, then if I am correct that Iota must centralize in order to maintain convergence of consensus (which I am), then the centralized agents will be the ones resubmitting transactions (and redoing the PoW) to put the transactions on a branch that respects the enforced mathematical algorithm.

Thus these centralized agents will need to reimbursed and thus they will end up charging fees.

I am sorry but you and CfB are both wrong.

And proof-of-work is not any more negligible than the actual cost of processing transactions in Bitcoin (for the same hashrate security level). It is rather the centralization that drives up fees due to the power it enables to grab greater profits.

Please don't hype bullshit features.

The gloves come off with Iota. Sue me David as you threatened to do in a private message.
1852  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which Crypto will be the first FREE TRANSFER /microtransaction coin on: March 08, 2016, 03:01:53 PM
The PoW is negligible, I assume that OP is talking about For All Practical Purposes free transfer, not some breaking the conservation of energy and flattening the curvature of the space-time continuum in a holographic principle type of manner 'free'. And as CfB has pointed out: the rest of your post is nonsense. Why the constant dishonest hyperbolic statements about IOTA from you?

Actually if you review my prior reply to CfB, then if I am correct that Iota must centralize in order to maintain convergence of consensus (which I am), then the centralized agents will be the ones resubmitting transactions (and redoing the PoW) to put the transactions on a branch that respects the enforced mathematical algorithm.

Thus these centralized agents will need to reimbursed and thus they will end up charging fees.

I am sorry but you and CfB are both wrong.

And proof-of-work is not any more negligible than the actual cost of processing transactions in Bitcoin (for the same hashrate security level). It is rather the centralization that drives up fees due to the power it enables to grab greater profits.

Please don't hype bullshit features.
1853  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which Crypto will be the first FREE TRANSFER /microtransaction coin on: March 08, 2016, 02:58:40 PM
I don't feel like searching the Decentralization thread, but you will find it there. We were discussing attacks and you explained the PoW could be redone and the transaction resubmitting on another branch.

IIRC "centralized" servers meant "merchants", your post make it look like there is a NSA-controlled server that does that job. This time I'll wear your mask and straight-out claim that you spread FUD.

P.S. The slight correction still hasn't removed the feeling that you manipulate with quotes out of the context.

Is Iota not using servers on launch? I thought so.

Granted I unintentionally conflated that use of servers with the fact that merchants (payees) are the ones who have an incentive to redo the PoW and resubmit the transaction. Apology and thank you for catching my error. It was unintentional and I frankly don't keep every detail about Iota fresh in my mind, just the overview of my conclusions from our past discussion.

None of these changes my point which is that transactions aren't free because proof-of-work isn't free.

P.S. I am not trying to manipulate. It is just difficult to comment on so many things and not make a conflation once in a while. I still maintain that Iota will need centralization to enforce a mathematical model on a significant majority of the transactions.
1854  Alternate cryptocurrencies / Altcoin Discussion / Re: Do ETH investors understand Ethereum? on: March 08, 2016, 02:51:07 PM
You should be banned again for repeatedly spamming your own nonsense thread. If people want to read your wall of FUD they will but stop spamming every other thread.

Commenting factually is not spamming. You are spamming, by making posts which add no information.

How much are you paid to pump ETH? Don't lie.
1855  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which Crypto will be the first FREE TRANSFER /microtransaction coin on: March 08, 2016, 02:47:31 PM
as admitted by Come-from-Beyond in our discussions in the Decentralization thread

Do you have the link handy?

I don't feel like searching the Decentralization thread, but you will find it there. We were discussing attacks and you explained the PoW could be redone and the transaction resubmitted on another branch to mitigate a specific attack I explained.

P.S. note the slight correction to my prior post.
1856  Alternate cryptocurrencies / Altcoin Discussion / Re: How low can it go on: March 08, 2016, 02:45:05 PM
Apparently the answer was 0.02122200 as per Poloniex. The stall in momentum caused some people to cash out at least partially but it's going up again and will probably do so at least for a few weeks.

The poll states "after the bubble". It doesn't specify when the bubble ends. My answer of below 0.001 (not 0.01) is for when the whales are done selling their coins to fools and stop buying from themselves to create the price rise illusion and paying Coindesk to pump this shit to fools.
1857  Alternate cryptocurrencies / Altcoin Discussion / Re: Do ETH investors understand Ethereum? on: March 08, 2016, 02:37:05 PM
But still I don't understand everything about ethereum, simple because I am not a Programmer.
But I do however see that this could be something great and it is no Joke!

If you were a senior level programmer, you would understand it can't be something great. You should review my posts in the Ethereum Paradox thread which have not been refuted by any one. Zero rebuttals.

The difference between hype and success, is like the difference between Microsoft Tablet and the Apple iPhone. Microsoft didn't understand a damn thing about how to do it. Apple did. The reasons are in the technological and market design DETAILS. If you don't understand the DETAILS, then you don't understand. Microsoft had been trying for years to produce a touch screen device. And they are still trying and failing horribly with Windows Phone.

Btw, Ethereum's Casper engineer Greg Meredith hails from Microsoft Research. The other on the Casper design team are kids with no proven experience whatsoever.

And I am software engineer with million user products under my belt. And yet you think I am bullshitting. Sigh.
1858  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL - Which crypto gets the most "SCAM!" accusations? - BE HONEST PLEASE on: March 08, 2016, 02:30:14 PM
Please restart the poll and allow us to vote for more than one.

The poll is useless in this forum, because so many of those are scams.

My ranking by most scammy at the top:

Dash
MaidSafe
Ethereum
VanillaCoin/Vcash
Factom
Ripple
Bitshares (more like confused than scammy, but there is an element of scammy in the presales of Protoshares, etc)

Monero is not a scam. Those voting for that are Dash and V(anila)cash/coin trolls.

If you are asking about "accusations", I don't see that as a reliable measure of anything. Ask us which ones are the most scammy, not which coins receive the most FUD.
1859  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: March 08, 2016, 02:25:22 PM
I am not hilarious. I guarantee you are wrong. If you could simply wrap your mind around the fact that no one will attack if it is not profitable for them to do so, and the analyze the ways they can profit, then you will likely realize your error.

I shall wait for your white paper with its ever decreasing list of killer features:

99% attack resistant
no mining pools
censorship resistant

Stop criticizing that which you do not understand. There is nothing announced. Nothing for sale. And no white paper.

You will have ample time to apologize to me when there is.
1860  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: March 08, 2016, 02:15:49 PM
This thread should be locked down because the OP is simply trying to spread FUD so he can fill his bag with cheap ETH. Why do people think he has an interest in cheap coinage.

FUD.

Is that the best you can do?
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