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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 04:27:15 PM
Could you SUBMIT and process the Proof of Developer so they can STOP?!

I've sent my details to CryptoAsian. Waiting for his reply

When, precisely when, did you send your details to CryptoAsian.

Your records will give you an exact time.

What was that time?

I sent him request twice. He missed my first letter and responded on the second one two days ago with the application form. Me and other team members filled it and sent him reply today. Sorry for all the delays but I`m forced to sit here and keep an eye on the spam instead of doing something usefull.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 04:15:45 PM
Could you SUBMIT and process the Proof of Developer so they can STOP?!

I've sent my details to CryptoAsian. Waiting for his reply
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 04:02:22 PM
I would like to comment on the whole situation regarding scam accusations.

The plan was to offer 7m coins and let the market decide how much coins will be bought. However, some people have demanded to abolish this approach and limit the supply by destroying coins. 3.5m coins were destroyed shortly after. 14 hours before the ICO end we have asked Bittrex to destroy additional 1.5m coins as we were concerned about the potential last minute hype. However, this was not coordinated properly and the coins were not destroyed. To our surprise, last minute hype happened and the ICO was sold out. This is not necessarily bad, however it created a situation that many investors bought into the ICO hoping for the price to rise immediately after which didn’t happen.

We would like to remind everyone that the ICO was about selling a stake in our ClusterCoin idea, which we still have to develop. It was not about making a quick buck for ICO investors and we are thankful to those that believe in the idea. We are committed to realize our plan but it needs time and the things cannot be done in 1 or 2 days as some of you are demanding. Moreover, the current scam accusations are making it harder to focus on the development as a lot of time is devoted to read and clean the mess that is going on. Please, let us develop the coin and put aside groundless accusations. It is not easy to deliver a plan we have set forth and by no means is it a sure thing. However, the current situation is making it much more difficult If you have invested in the coin because you like the idea please be patient, we will release updates as they become available. Any posts that are not development related will be moderated.

Thank you for your understanding.
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 03:47:42 PM
Guys I will not answer direct insults. I will simply delete it.
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 12:33:41 PM
  @ Essex343

Care to provide some development updates ?

I don't see any official updates from your team (4 developers as you claim) since your coin announcement.



As I've previously stated we are now experimenting on a model that simulates network performance when several user-populated geo clusters are present. Moreover, we are analyzing what is the optimal way to transition to faster chains
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 11:29:08 AM
Why you are deleting other posts Huh??

I would like to keep this thread clean of FUD and false accusations. I've got a lot of complaints regarding tons of FUD in the previous thread.
Constructive criticism is welcome here and I am willing to answer your questions.

DEV. where are you from ?

I live in London

great thx, what do you think where geoclusters should be position at in Europe
First of all, transition to high speed blockchain GeoClusters will be gradual, e.g. Europe will start as a single cluster (the same is true for the US, there is no preference over which region will be first). As soon as the number of nodes in a subregion of a region becomes sufficiently large and a latency is high enough a new cluster will be formed. At this point the notion of a continent will become redundant as some clusters will correspond to a country.
It is important to understand that the speed of the blockchain will depend on the latency between nodes, i.e. the highest blockchain speed will be achieved for the lowest latency clusters.  
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 10:54:17 AM
Why you are deleting other posts Huh??

I would like to keep this thread clean of FUD and false accusations. I've got a lot of complaints regarding tons of FUD in the previous thread.
Constructive criticism is welcome here and I am willing to answer your questions.

DEV. where are you from ?

I live in London
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 10:50:25 AM
Why you are deleting other posts Huh??

I would like to keep this thread clean of FUD and false accusations. I've got a lot of complaints regarding tons of FUD in the previous thread.
Constructive criticism is welcome here and I am willing to answer your questions.

what is the FUD ?
When you'll show the POD ?

FUD = Fear, uncertainty and doubt, often spread buy those who wish to provoke panic sell in order to get cheaper coins

POD should be complete within the next 24 hours, stay tuned
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 10:30:43 AM
Why you are deleting other posts Huh??

I would like to keep this thread clean of FUD and false accusations. I've got a lot of complaints regarding tons of FUD in the previous thread.
Constructive criticism is welcome here and I am willing to answer your questions.
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 04:38:52 AM

Essex, I have three questions for you.

(i) What will prevent two or more people from double spending by using the same wallet.dat in two or more different geographic locations?

In your whitepaper, you claimed that the Cluster protocol will automatically split blocks within the network according to geographic regions (undefined) and create multiple valid blockchains.
You further stated that sync blocks will be generated only once certain thresholds are reached. To me, this 'synch gap' creates a perfect environment for network-wide double spending.

(ii) What will prevent entities from creating blockchain forks within their own geographic region?

Since the hashrate from individual geographic regions will be relatively small, a person or organization with a significant enough hashrate could easily create forks to facilitate double spending.

In addition, said entity could fool the protocol to allocate a geographic region for itself by spamming dusts to create the illusion of trade volume. In your whitepaper, you stated:

Quote
[...] we believe that the most important part of the clustering algorithm is to cluster large economic hubs that have a lot of financial activity in order to maintain fast transaction confirmation time.

As you can see, the threat is very valid.

(iii) Did you buy this Bitcointalk account?

If yes, may I know your original Bitcointalk account?

If no, can you explain why your earlier posts consists almost entirely of asking for giveaways (wallet address + 'Thanks!' or 'Awesome'!)?
Your four months absence between post #147 and #148 also raises some questions.


First of all, I want to thank you for contributing to the coin development by asking valid questions.
i) wallet.dat file can be used in different regions/clusters but the balance in each region will be different (i.e. in each region there will be region-specific balance), so double spending will not be possible. It is possible to transfer funds across different regions but no using them at the same time twice

ii) creating a fork in a given region will not be simpler nor harder than creating a fork for any other crypto as in each region clustercoin behaves pretty much the same apart from synchronization blocks. We have seen many different coins, with big and small network hashrates, and forks are not created by attacks but typically by bad coin implementation. Although, the usual fork risk exists as with any other crypto, it is not bigger so it doesn’t seem to be a major point of concern.

iii) geographic regions will be created based on latency, not on transaction volume (potentially high transaction volume regions will be used as starting regions for clusters). Even if one of the clusters has been created by a group of nodes by collusion it is not clear how these nodes can benefit from having additional cluster. Whatever coins have been mined in their cluster would have to be transferred to another cluster (via sync blocks) and because per cluster block reward will be proportional to cluster’s hashrate (this is still one of possible solutions around this) it shouldn’t be profitable to engage in such activity.

lastly I didn't buy this account. I was experimenting with crypto back then, looking what others were doing. Away time was due to some rough time at my former job.
31  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 01:21:08 AM
The difference with USE coin is that USE was not hosted by Bittrex so they had no way to enforce the burning of the extra coins.  In this case it was hosted on Bittrex, but I have to say the thought crossed my mind that maybe they are shorting the extra 3.5M coins before burning them.  Do we have any verification from Bittrex that they destroyed the extra coins?

People need to calm down and respect the timelines laid out; we are only human Wink and we have an escrow period for the sole purpose of making sure the right things happen and are audited.  Please be patient.  That said, we have burned the coins - feel free to monitor this address till the end of time...

https://chainz.cryptoid.info/clstr/address.dws?CQdhWMLud4PKXHxpR1b3x25Rsf6848afHm.htm

Thanks,
Richie@bittrex

Hi Richie,

If the Dev asked you to only release 100BTC then release the other 250BTC a few weeks after would you accommodate that?

I will not ask Bittrex to do that. BTC that we will receive from Bittrex will be kept on a single address that will be totally transparent and every body will be able to how and when Bitcoins are spent.

So on this point, would you trust someone to hold this BTC and release it when you need it?

I can't do that since the whole project and our team future depends on this BTC fund. I don't know anybody outside my team who certainly will not run with the money, or get hacked or god knows what other things may happen

Essex343 I think if we have pod done no one will be concerned with bittrex escrow time. Just my opinion

Yes, POD is my first priority right now. I will soon send a detailed message to Crypto Asian with all the info about me and my team
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 12:42:09 AM
The difference with USE coin is that USE was not hosted by Bittrex so they had no way to enforce the burning of the extra coins.  In this case it was hosted on Bittrex, but I have to say the thought crossed my mind that maybe they are shorting the extra 3.5M coins before burning them.  Do we have any verification from Bittrex that they destroyed the extra coins?

People need to calm down and respect the timelines laid out; we are only human Wink and we have an escrow period for the sole purpose of making sure the right things happen and are audited.  Please be patient.  That said, we have burned the coins - feel free to monitor this address till the end of time...

https://chainz.cryptoid.info/clstr/address.dws?CQdhWMLud4PKXHxpR1b3x25Rsf6848afHm.htm

Thanks,
Richie@bittrex

Hi Richie,

If the Dev asked you to only release 100BTC then release the other 250BTC a few weeks after would you accommodate that?

I will not ask Bittrex to do that. BTC that we will receive from Bittrex will be kept on a single address that will be totally transparent and every body will be able to how and when Bitcoins are spent.

So on this point, would you trust someone to hold this BTC and release it when you need it?

I can't do that since the whole project and our team future depends on this BTC fund. I don't know anybody outside my team who certainly will not run with the money, or get hacked or god knows what other things may happen
33  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 12:24:49 AM
The difference with USE coin is that USE was not hosted by Bittrex so they had no way to enforce the burning of the extra coins.  In this case it was hosted on Bittrex, but I have to say the thought crossed my mind that maybe they are shorting the extra 3.5M coins before burning them.  Do we have any verification from Bittrex that they destroyed the extra coins?

People need to calm down and respect the timelines laid out; we are only human Wink and we have an escrow period for the sole purpose of making sure the right things happen and are audited.  Please be patient.  That said, we have burned the coins - feel free to monitor this address till the end of time...

https://chainz.cryptoid.info/clstr/address.dws?CQdhWMLud4PKXHxpR1b3x25Rsf6848afHm.htm

Thanks,
Richie@bittrex

Hi Richie,

If the Dev asked you to only release 100BTC then release the other 250BTC a few weeks after would you accommodate that?

I will not ask Bittrex to do that. BTC that we will receive from Bittrex will be kept on a single address that will be totally transparent and every body will be able to how and when Bitcoins are spent.
I'm not saying I agree with pondsea, but why would you need the entire amount as a lump sum? If you would ask bittrex to release the ico in payments, it would restore a lot of faith in investors.

I have never given any reason for investors to lose faith in ClusterCoin. The white paper and the road map are unchanged since I first announced first thread. So why would somebody lose faith in what we do?
ClusterCoin development can not be completed without funding. This is why we have to take control of it and not be dependant of the third party
34  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 12:08:51 AM
Dev there are only 2 reasons for the current situation and I would like your thoughts on it .

1. Market being manipulated to get people to sell cheap then pumped and dumped. So this is a dump pump dump.

2. You purchased ICO coins to drum up interest. You would invest your own BTC for coins which you would get anyway at the end but you also could dump the extra coins for additional BTC. You would dump at any price because it is all gravy.

Thoughs?

I did not buy any CLSTR.
I seriously don't understand why would anybody buy coins for 10k to sell em for 5k in an hour. It doesn't make any sence to me.. ClusterCoin white paper and road  map were published before ICO even started. And I didn't change em since I first announced ClusterCoin Project here.

As for the project - we will never abandon it. Me and my buddies here who's developing ClusterCoin decided to quit our good paying jobs at Misys to dedicate ourselves to this project as we truly believe in it. ClusterCoin is the next step in crypto. At least its what I think about it

This is the answer i like.

Now i think if you had started with responding to some the the legit questions, normal ICO buyers would have helped out with the FUD. But you decided to distance yourself whereas you could have reassured us. Anyways there isnt much you can do about this now.

Moving forward i think more communication about what you are doing currently for the development and being more active on the thread will help out the coin greatly.

As you have stated a few times there are 4 devs, what are their BTT handles and if they dont have one why not?

Additionally would you be willing to say get 100BTC from Bittrex in a day then have the 250BTC wait till the first test is done on the 9th of Sep? Im sure Bittrex would allow it if you asked. By doing this you will instill trust and restore our confidence in the coin thus moving the price back to hopefully 10k sats and fuck over the manipulators?

+1

Plus hire someone to do your social media just tell them what you want communicated. I run my own business and can't stand having to update every social.media avenue constantly. Some ppl love it though!  Find that person.

I was constantly seeking for a PR guy for this project and I think I finally found the man whom I could entrust this job. I will introduce him a bit later.
35  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 24, 2014, 12:00:06 AM
The difference with USE coin is that USE was not hosted by Bittrex so they had no way to enforce the burning of the extra coins.  In this case it was hosted on Bittrex, but I have to say the thought crossed my mind that maybe they are shorting the extra 3.5M coins before burning them.  Do we have any verification from Bittrex that they destroyed the extra coins?

People need to calm down and respect the timelines laid out; we are only human Wink and we have an escrow period for the sole purpose of making sure the right things happen and are audited.  Please be patient.  That said, we have burned the coins - feel free to monitor this address till the end of time...

https://chainz.cryptoid.info/clstr/address.dws?CQdhWMLud4PKXHxpR1b3x25Rsf6848afHm.htm

Thanks,
Richie@bittrex

Hi Richie,

If the Dev asked you to only release 100BTC then release the other 250BTC a few weeks after would you accommodate that?

I will not ask Bittrex to do that. BTC that we will receive from Bittrex will be kept on a single address that will be totally transparent and every body will be able to how and when Bitcoins are spent.
36  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 23, 2014, 10:16:16 PM
Dev there are only 2 reasons for the current situation and I would like your thoughts on it .

1. Market being manipulated to get people to sell cheap then pumped and dumped. So this is a dump pump dump.

2. You purchased ICO coins to drum up interest. You would invest your own BTC for coins which you would get anyway at the end but you also could dump the extra coins for additional BTC. You would dump at any price because it is all gravy.

Thoughs?

I did not buy any CLSTR.
I seriously don't understand why would anybody buy coins for 10k to sell em for 5k in an hour. It doesn't make any sence to me.. ClusterCoin white paper and road  map were published before ICO even started. And I didn't change em since I first announced ClusterCoin Project here.

As for the project - we will never abandon it. Me and my buddies here who's developing ClusterCoin decided to quit our good paying jobs at Misys to dedicate ourselves to this project as we truly believe in it. ClusterCoin is the next step in crypto. At least its what I think about it
37  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 23, 2014, 10:01:35 PM
Cleared some flood and fud

Sorry for the delay

38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 23, 2014, 10:21:26 AM
who is the dev of this coin?

I am developing ClusterCoin project along with 3 C/C++ engineers
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷ [ANN] ☷ [MODERATED] ☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ on: August 23, 2014, 10:18:52 AM
Essex343, any chance of getting the code peer reviewed? That should actually stop some of the criticism being levelled.

+1, just post some piece of codes not all of them to avoid clone.

We've started to develop the concept of ClusterCoin not that long ago. You may see in the white paper what we are going deliver and you must understand how promising, ambitious and complicated this project is. At this very moment we are not ready to publish parts of the code as it is not ready for the release. Those of you who are familiar with C++ development probably realize that developers don`t just jump into coding of complicated projects. Careful planning and prior modelling must take place before that. ClusterCoin main idea is to divide block chain into GEO clusters is well understood but still needed to be modelled prior to implementation. As for now we are exploring how system behaves in user-populated environment when two or more GEO clusters are present. We use MatLab to model this situation. Modelling is crucial to make sure the whole ClusterCoin network will be stable in future
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ☷[ANN]☷BITTREX ICO☷ CLSTR ☷ ClusterCoin ☷ the Future of Money ☷ SOLD OUT! on: August 23, 2014, 08:07:48 AM
Since FUD is out of hand I've been receiving lots of private messages demading to lock this thread and start a new self moderated one. We decided to create a poll regarding this matter it the poll was consistently showing that the majority of people agree this thread must be locked and a new self moderated thread should be created in order to filter unjustified FUD

So I am loking this thread

New ClusterCoin ANN thread can be found here: https://bitcointalk.org/index.php?topic=753089

From now on flood and FUD are not allowed. We always welcome constructive criticism tho, so any thoughts regarding the ClusterCoin Project are allowed but in a polite and constructive manner

Thank you
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