But what really happened? And why did it happen?
There was a bug in the code that allowed a planned fork to activate early. The bug was noticed with a minority of the network having switched over to v2 blocks so we released a patch that fixed the bug and put everyone back on v1. Later, when scheduled, the fork went fine. |
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Can we get a screen shot or two in the OP?
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I am moving too fast to worry about your need for a proof. You think I care what you think. Why would I? Are you offering me anything. Can you help me create a programming language. Can you help me code a crypto-currency. Will you pay me anything for providing a proof. No.
Monero = Communism.
That's not clear actually. There is a funding system, as with anyone, you are free to pitch your proposal. I don't see why Monero would want to pay me to fix Dash. Oh sorry, I guess I misunderstood. I thought you were referring to some improvement to Monero. And I don't see why I owe anyone a proof. Everyone is free to ignore my claim. You don't, but don't expect anyone to pay you for an unproven idea, and if they don't it doesn't mean Communism, in fact more the opposite. Ideas are usually worth literally nothing without the hard work of either applying them in practice or at least working through the details and writing down a precise methods for applying them in practice. |
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Vcash is the only coin that ISPs can't kill by blocking a specific port and the only coin other than BTC that Poloniex only requires 1 confirmation for. Even if you don't understand what john's doing, you must have some agenda for attacking the coin with clear innovations when there are so many pointless clones worth more.
I agree using different ports have merit but is this really a big deal? On most coins there are already quite a few nodes that use different ports for whatever reason (running multiple nodes on the same IP address being one of them), meaning in the unlikely case of a global port block, the coin would still work, but a lot of nodes would be (temporarily) cut off. They all have some kind of --port option or preference setting in a GUI, so if ISPs start blocking, wouldn't users just switch to different ports? |
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The decentralized autonomous company has already been explored with things like Bitshares. Frankly, it kinda sucks. You have people providing decentralized funding, then the workers that take it have no real incentive or liability to perform unless the worker is already a huge shareholder...but that kind of extremely narrows down your field of workers doesn't it? You could issue legal contracts with the workers and sue them if they don't perform, but who is the figurehead of the DAO that handles all these things and appears in court? The DAO converges to centralization resembling a normal, publicly traded company because business is only efficient in a strict, hierarchical, top-down function.
So what exactly do you accomplish out of all this? If the DAO doesn't collapse on the way to it's evolution in becoming top-down controlled, your only real benefit is the ability to bypass the legal framework and issue a publicly traded stock from your basement (which will probably get people arrested somehow). So the pros are slightly less legal bureaucracy (only in the short term), with the cons of having nobody at the helm of the company who actually has any idea what they're doing with a valid business plan (you know, the actual important part of a business).
hf bagholder, with your pointless, outdated clone coin and play games while the world moves on I don't know for sure but I don't think r0ach is a BTS bag holder. He was involved earlier but probably sold long ago and is sharing his (relevant imo) experience. |
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I am moving too fast to worry about your need for a proof. You think I care what you think. Why would I? Are you offering me anything. Can you help me create a programming language. Can you help me code a crypto-currency. Will you pay me anything for providing a proof. No.
Monero = Communism.
That's not clear actually. There is a funding system, as with anyone, you are free to pitch your proposal. |
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The proposal should be approved for a small amount of seed capital after which the progress of development, and the quality of the financial disclosure (i.e. accounting for how it was spent), can be carefully evaluated for another possible small renewal.
This is especially critical given the new and experimental nature of the DAO concept and business model. If slock.it is able to abuse its privileged position (i.e. why is slock.it literally the only proposal on the DAO fundraising web site?) to syphon a large amount of funds from the DAO with minimal accountability, then the DAO will be a failure right from the start.
I have several thousand DAO tokens, treating it as an experiment, so in practice my vote counts almost not at all. My plan is to split off and retrieve my funds if I see the DAO having been 'captured' by slock.it and used as a piggy bank for imprudent and excessive spending on a very risky concept. For now that appears quite likely, but I suppose some miracle is possible.
The thing is Slock.it insists that the DAO has no right to know how they are spending the money. They insist on a strictly client/supplier relationship. These two statements are contradictory. A supplier can certain be transparent about how it is spending money to a client, assuming both parties agree to it. Just look at most bills from law firms or other such professional services, or building contractors, etc. If slockit refuses to act transparency, they are a lousy supplier at best. The DAO can and should hire someone else. With $100+ million available to spend I'm pretty sure there will be no shortage of proposals. |
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Monero doesn't use any copyleft licenses and doesn't have any plans to so it is kind of off topic.
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If the global Visanet does 3k tps, why would a crypto need a spec of 100k tps in the short or mid-term future? There isn't even a need to cover that many txs because those txs don't exist.
Microtransactions. And 6 billion people who don't have credit cards now. Visa has about 50% global market share. So double to 6k. Now multiply by 7 if you want to expand the market. That's already 42k/sec average rate (peak is likely much higher) and you haven't even touched microtransations. |
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And it also won't enable you to transact from anyone Bitcoin address to any Bitcoin address (your original observation in our private discussion many moons ago). It has a simultaneity requirement.
I haven't studied this carefully but I've been told (maybe incorrectly) that with duplex channels this is (or will be with some script improvements) possible. Party A can open a channel to party B and then party B can either close the channel and accept the payment as simple Bitcoin, or just reuse the channel to send those coins back out. Obviously in the former case, it isn't an instant microtransaction in a decentralized, 100.000 Txns/sec system, because it requires the Bitcoin block chain to handle that volume. The entire point is that LN is a microtransaction system for a corporate behemoth controlled internet, not for an internet where there are millions of artists receiving payments in a decentralized chaotic pattern. LN isn't necessarily corporate controlled, if the usage in terms of number-of-channels is small enough and the rest of Bitcoin isn't scaled up too much where it too becomes corporate controlled. It does mean that millions or billions of active users without massive centralization is an unsolved problem. I specified "some B2B type applications" above (i.e. relatively small number of users, large number of transactions) |
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Re: POLL - Which Crypto will be the first zero fee instant microtransaction coin with GUI that can scale to 100,000 Txns/sec and remain decentralized?
ftfy Answer: none of the CC currently envisioned. Neither will Lightning Networks nor Dash Evolution meet those specifications. Lightning network could probably do 100K+ tx/sec with no problems as long as the user base is limited (so number of channels is limited and capacity spikes from mass channel closings don't need to be considered). That could have practical uses for some B2B type applications. But it won't decentralized and permissionless. It will be corporate server controlled by the banksters. It'll be about as decentralized and permissionless as Bitcoin is, which might be a decent degree if Bitcoin itself isn't scaled up too much (the whole block size argument), and possibly something is done about ASIC strangulation. And it also won't enable you to transact from anyone Bitcoin address to any Bitcoin address (your original observation in our private discussion many moons ago). It has a simultaneity requirement.
I haven't studied this carefully but I've been told (maybe incorrectly) that with duplex channels this is (or will be with some script improvements) possible. Party A can open a channel to party B and then party B can either close the channel and accept the payment as simple Bitcoin, or just reuse the channel to send those coins back out. |
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Sorry guys, i created a new thread yet another Vcash scamming-and-pumping self-moderated thread
FTFY Good news is we have this nice unmoderated thread to discuss Vcash, open to everyone without selective deletes. |
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The record will show that doremi has apparently admitted he is full of shit by not posting any evidence to support his allegation of me deleting "ton of posts".
From which scamming shitcoin do you hail, doremi? I don't remember you, but from your behavior it must be one of them.
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[...] I think Armstrong will end up being correct about bitcoin (not surviving the other side of 2020) let's see..  It is not clear if it will destroyed or merely turned into a tool to confiscate wealth, and a better Paypal for the masses. My bet is the totalitarian variant of the future. Click the link above to find out why. Men need a tyrant. I very much doubt it becomes a "better" Paypal for the masses for the simple reason that it isn't better. I would be bet on failure over widespread usage of a coopted system. In fact I'd lay significant odds on that bet. (Though failure is somewhat difficult to define precisely -- let's say significant loss of value and usage.) I see even an oligarchy controlled Bitcoin as better than Paypal, because: 1. Bitcoin is a global politik; and thus even the Chinese mining oligarchy (cum banksters pulling the strings behind the curtain) can't do anything which isn't politically correct globally. 2. Thus Bitcoin will retain many attributes that Paypal as a corporate offering can't provide such as inability to deny any person in any account equal opportunity to access, inability to enforce holdbacks, block certain industries, and other arbitrary shit Paypal does which make my head want to explode. Bitcoin is a trojan horse launched by the global elite to subvert any localized attempt to block/control the shift to digital currency. 3. Thus I predict enormous adoption for Bitcoin, but just remember it will be owned and controlled by the global elite (aka the banksters). And the global socialism will enforce a global confiscation/expropriation of those with wealth, in the coming years. It will be a bittersweet success. Meh, hardly anybody wants Bitcoin, and the only ones who do will just flee it and use something else if it becomes government controlled. Using Bitcoin now is a pain in the ass and something a relatively small number of people do at great inconvenience and only out of necessity (generally speaking holding it for as short a time as possible). They'll have no trouble switching to Zcash or whatever else if necessary for their purposes. The rest will just stick with actual Paypal and similar products. The only ones with any real wealth in Bitcoin are speculators who treat Bitcoin like a Wall Street product (and often store it in easily-confiscatable form on exchanges anyway). Well yeah maybe their Bitcoin will get confiscated. Not really any different from any other Wall Street product, and not at all surprising (to me). A few of the smartest ones will probably be able to escape confiscation, again not so different from traditional finance. |
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Difference with the Community is that one can dicuss things with arguments the other can not... thus leading in some people rather believing in that community then others  . Speaking of discussion, if you can argument and discuss why delete messages? If there is no solid fundament for the fact or it is plain spam you don´t believe the general audience would see through that?? IMO just a bad excuse for self-moderation do you mean the thread like this? https://bitcointalk.org/index.php?topic=753252.0and you are right,that is the reason i will never want to invest to a coin that sounds like "Morone"  If you would follow the thread the deleted messages get written by smooth in red and tiny letters after deletion. Does not change the fact that some people can argue and give facts while others just deny and go on. Name is one of the most stupid reasons as argument to invest into sth... IMO two of the most valued companies are called Apple or FaceBook smooth deleted tons of messages that get writen by more others!how would you explain for that then? Did not happen, especially "tons" of messages (deletions are very rare, months may go by with none at all). Sometimes the original poster will delete messages; I have no control over that. I'm not sure if forum mods delete posts on self-moderated threads, but I guess that is also possible. Meanwhile 2 or 3 of my on-topic and factually accurate (with references provided) posts were deleted from one of the Vcash pumping threads within days. There is no comparison here. come on liar,don`t give me that It's hard to lie on the internet. There are always people saving things, sites that archive web sites, people comparing source code, etc. Just show the evidence, or GTFO enjoy yourself liarand btw..i won`t bother to reply to your next garbage talk https://bitcointalk.org/index.php?topic=1151565.0Oh good, one of the many hate threads created about me by scamming shitcoiners, a recurrent phenomenon which helps demonstrate my integrity. Since you didn't answer, I'll ask again: Where is the evidence of me deleting "tons of messages"? Quote it, link to it, etc. |
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Difference with the Community is that one can dicuss things with arguments the other can not... thus leading in some people rather believing in that community then others . Speaking of discussion, if you can argument and discuss why delete messages? If there is no solid fundament for the fact or it is plain spam you donīt believe the general audience would see through that?? IMO just a bad excuse for self-moderation do you mean the thread like this? https://bitcointalk.org/index.php?topic=753252.0and you are right,that is the reason i will never want to invest to a coin that sounds like "Morone" If you would follow the thread the deleted messages get written by smooth in red and tiny letters after deletion. Does not change the fact that some people can argue and give facts while others just deny and go on. Name is one of the most stupid reasons as argument to invest into sth... IMO two of the most valued companies are called Apple or FaceBook smooth deleted tons of messages that get writen by more others!how would you explain for that then? Did not happen, especially "tons" of messages (deletions are very rare, months may go by with none at all). Sometimes the original poster will delete messages; I have no control over that. I'm not sure if forum mods delete posts on self-moderated threads, but I guess that is also possible. Meanwhile 2 or 3 of my on-topic and factually accurate (with references provided) posts were deleted from one of the Vcash pumping threads within days. There is no comparison here. come on liar,don`t give me that It's hard to lie on the internet. There are always people saving things, sites that archive web sites, people comparing source code, etc. Just show the evidence, or GTFO |
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Re: POLL - Which Crypto will be the first zero fee instant microtransaction coin with GUI that can scale to 100,000 Txns/sec and remain decentralized?
ftfy Answer: none of the CC currently envisioned. Neither will Lightning Networks nor Dash Evolution meet those specifications. Lightning network could probably do 100K+ tx/sec with no problems as long as the user base is limited (so number of channels is limited and capacity spikes from mass channel closings don't need to be considered). That could have practical uses for some B2B type applications. |
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Difference with the Community is that one can dicuss things with arguments the other can not... thus leading in some people rather believing in that community then others . Speaking of discussion, if you can argument and discuss why delete messages? If there is no solid fundament for the fact or it is plain spam you don´t believe the general audience would see through that?? IMO just a bad excuse for self-moderation do you mean the thread like this? https://bitcointalk.org/index.php?topic=753252.0and you are right,that is the reason i will never want to invest to a coin that sounds like "Morone" If you would follow the thread the deleted messages get written by smooth in red and tiny letters after deletion. Does not change the fact that some people can argue and give facts while others just deny and go on. Name is one of the most stupid reasons as argument to invest into sth... IMO two of the most valued companies are called Apple or FaceBook smooth deleted tons of messages that get writen by more others!how would you explain for that then? Did not happen, especially "tons" of messages (deletions are very rare, months may go by with none at all). Sometimes the original poster will delete messages; I have no control over that. I'm not sure if forum mods delete posts on self-moderated threads, but I guess that is also possible. Meanwhile 2 or 3 of my on-topic and factually accurate (with references provided) posts were deleted from one of the Vcash pumping threads within days. There is no comparison here. |
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Not really it is a hybrid system, but the consensus has little to do with zero fees on transactions.
I recall making an experimental "Ripple 2" clone, supersimple - only payments and working in browser, users of BTT were helping us to test and mine. I think I won this poll before it was created, we can lock the thread now. For that matter, Bitcoin 0.1 had free transactions and GUI. |
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No fees or PoW.
PoS? Mind-blowing! Not really it is a hybrid system, but the consensus has little to do with zero fees on transactions. |
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