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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] StableCoin Mixing Service - Beta Tester Signup on: January 15, 2014, 07:41:22 PM
I think we may need a few more security testers.

Because true anonymity is what we are aiming for, if there are any vulnerabilities at all in the mixing service, the whole thing is defeated.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 14, 2014, 02:35:12 AM
Any news? It would be cool to know whether artos is alive or not  Wink
He should have a twitter account or something..

No joke. If he needs our help he should really let us know.
23  Alternate cryptocurrencies / Altcoin Discussion / Re: -- The Riddle of the father and son - Who Was, is and Will Rule the World! on: January 13, 2014, 08:52:15 AM

A) sorry, not sure why I thought you posted comparisons to DGC.

B) regardless which coin you prefer or call superior, the same argument stands and actually, DGC is one of the better coins out there but it fails and is inferior to IXC for reasons I have already mentioned.

Merged mining isn't that easy.  Other coins have tried and failed miserably.  For example:  i0Coin was a clone of iXcoin yet it did not respond well to merge mining and as a result it died 3 times.

And it would take some time to build up to a 7 PETA hash network and it would take a lot longer to fine tune the code to ensure stability as most coins would fork or die when adding massive hashes all at once.

So why would you as an investor or say a banker risk big money on a maybe when you have a 3 year old coin doing it perfectly with a fully intact blockchain and with a coin that has never died and has stood the hardest test of all:  the test of time.  Cause even the great Namecoin unexpectedly failed that test when it died late last year.

So iXcoin is quickly becoming one of a kind, the only one of its kind, standing [alone] against bitcoin with all the benefits but none of the stigma and no bureaucracy.

Just like Bitcoin, once the mining is over miners will get paid transaction fees.  But also there's a Blackdoor out.  If that's not enough it would be easy to add some small additional coins which miners can mine.

Finally, the 10 minutes, as Friction pointed out above, is perfect but if 1 minute were a better idea it would also be an easy fix with a code update.

So all of your issues with IXC are easily fixable if they were really a problem but what's not fixable with 99% of the coins out there, including your favorite coin, is the weak, inferior and insecure network which guarantees that nobody will ever adopt that coin on any massive scale.  

And that's a problem which cannot be easily fixed with a code update.

I recommend you buy some IXC and hold, cause time is running out.

Okay, a few more concerns I was wondering about.

What happens if Bitcoin becomes massively unpopular? Like say, for whatever reason, people decided Bitcoin was too inflexible, and decided to move to a new currency, and this new currency wasn't ixcoin. Wouldn't the network hashrate drop significantly, and the network would then be massively insecure? At this point, wouldn't a coin such as Securecoin do a better job at protecting itself, as it would be difficult to have many computers attacking its multiple hashing algorithms?
24  Other / Politics & Society / Re: The fall of society is upon us, this is a call to action on: January 13, 2014, 06:11:43 AM
Here are some questions that I have never seen asked here that desperately needs to be.

Dank, why do you believe that you will be assassinated? What have you done to cause someone to waste 20,000 dollars minimum on an assassin to remove you?

Dank, why do you believe all world economies will collapse upon your death, that all cryptocurrencies will be worthless upon your death? How could your death possibly trigger this, when most of us don't even know who you are? Why should I sell my coins because you died?
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SRC] SecureCoin | A Fast and Secure Version of Bitcoin | LAUNCHED on: January 13, 2014, 05:05:43 AM
Mac wallet won't open for me, keeps crashing.

Anyone understand why?
26  Alternate cryptocurrencies / Altcoin Discussion / Re: -- The Riddle of the father and son - Who Was, is and Will Rule the World! on: January 13, 2014, 04:13:25 AM
Okay, I honestly cannot believe anyone is continuing to take this thread seriously.

The premise behind cryptocurrencies is that they are a currency and a technology.

The only real, honest reason for people to put value behind ixcoin is because of the BS from this thread.

When technologies exist and compete with each other, it is natural for the better technologies to take over each other.

Ixcoin is no competition. It is an old coin, with slow ten minute transaction times, and a low limit. If you think it's going to be a store of value, you may as well just buy bitbar.

The cryptocurrency of the future will have a TX time of 1 minute or less. It will have an active community, and there will be constant development.

Ixcoin has no reason not to be abandoned, just like every other shitty altcoin. We are far past the point where the total possible coins dictates the value of the coin, your theories based in religious absurdity only shows you have a deep interest in pumping this coin up, especially when you own 3% of all of it.

What you're telling me, if your theory is true, is that YOU, Vlad2Vlad, will own 3% of ALL THE WORLD'S WEALTH within a few years.

You are telling me that in today's terms, you would be the equivalent of a trillionaire today.

Please...


You're saying better technologies should and do win and take over.  Then you go on to say technologies or coins like DGC are better than IXC.

lol, to that I have to laugh.  Try putting a couple Tera Hash on DGC at one time to see how many times it forks and dies.  Try doing that with 99% of the supposed superior alts out there.

Secondly, you do know this Crypto technology is all about security and securing the blockchain, right?  That is the number 1 goal for this new technology cause without high security all your wealth is worthless.

That said, do you really think DGC or any other New CrapCoin which has come out in the last 6 months, like DGC, is anywhere even close to IXC?

Thirdly, speaking of better technology:  how long and how hard has DGC been tested?  Oh, 6 months?  And how many times has it seen being hit with massive Tera Hash [let alone PH] of mining power and not cave in, fork or die?

lol, so basically DGC and 99% of these supposed superior coins have never been tested, not by time and not by any real hash power so then not only are they inferior technology to ixCoin but they're also a massive risk since nobody knows what will happen 2 years from now or if these CrapCoins will ever even be secure enough to be able to be used on any global scale.

So you're right, the better technology will and should win and take over but you obviously haven't done any research if you fail to see you've invested in the most unproven, immature and weakest of technologies.

As for the religious observations:  are they not there in plain sight?  Perhaps you like to ignore obvious things like Network Security, mature proven technology, scalable networks and other crucial aspects of this new industry but I for one look at everything, no matter how small and I take it all into consideration.

Good luck with DGC and its community.  Maybe when it forks or dies or fails to secure your life savings you all can get together with a community organizer and continue lying to each other why your inferior technology is not defunct.

BTW, 3 months ago when DGC was at half of 1 penny I gave it my professional upgrade with a $1-$3 price target and I said it would happen in 2014.  I was called crazy but even though DGC is inferior to IXC I still expect it to hit my target this year and it already did hit $.74.  

But I'm not interested in $3, nor am I interested in just $1 million.  What I'm after is much much more on various levels and to get that one has to find the next global currency and from what I see, iXcoin is hands down the best alt coin for the job.  And the best part is that I will be a hero or a fool in a matter of 2-3 months.  Please do come back then regardless if I'm right or wrong.

Godspeed!



I don't know why you said I'm invested in DGC. I'm not. Don't put words in my mouth. DGC has yet to prove it has anything unique.

I'm going to totally disregard your religious theories, because as great as they are, they can be applied to almost anything at any time in history, i.e there's always a group that thinks the world is going to end.

From what I understand, you are positive IXC will take off due to its network hashrate, even though it really offers nothing a currency should have.

A few concerns I would like addressed:

1. If the network hashrate provides so much security via merged mining, why can't another coin just implement merged mining as well and be just as safe?
2. If all the coins are finished mining so soon (2015), and this coin is not Proof of Stake, who is going to do the mining to process the transactions? Especially when there is no incentive?
3. Maybe you believe 10 minutes is what is necessary, but not everyone is going to use coinbase, and it appears that shorter times of 1 minute have worked securely and fine. What makes you think that anyone is truly willing to wait 10 minutes in line for each customer?
4. Why would the people of the world choose this coin over all of the others? It's scarcely an improvement on bitcoin, and seems to more ride on the back of its miners as if it is a parasite, rather than anything unique or useful on its own.

These are things that must be considered. The 21 million number is totally arbitrary, and doesn't really provide much of an incentive to pick this coin up by itself. Its maximum number may as just as well be 12 million.
27  Alternate cryptocurrencies / Altcoin Discussion / Re: -- The Riddle of the father and son - Who Was, is and Will Rule the World! on: January 12, 2014, 07:41:55 PM
Okay, I honestly cannot believe anyone is continuing to take this thread seriously.

The premise behind cryptocurrencies is that they are a currency and a technology.

The only real, honest reason for people to put value behind ixcoin is because of the BS from this thread.

When technologies exist and compete with each other, it is natural for the better technologies to take over each other.

Ixcoin is no competition. It is an old coin, with slow ten minute transaction times, and a low limit. If you think it's going to be a store of value, you may as well just buy bitbar.

The cryptocurrency of the future will have a TX time of 1 minute or less. It will have an active community, and there will be constant development.

Ixcoin has no reason not to be abandoned, just like every other shitty altcoin. We are far past the point where the total possible coins dictates the value of the coin, your theories based in religious absurdity only shows you have a deep interest in pumping this coin up, especially when you own 3% of all of it.

What you're telling me, if your theory is true, is that YOU, Vlad2Vlad, will own 3% of ALL THE WORLD'S WEALTH within a few years.

You are telling me that in today's terms, you would be the equivalent of a trillionaire today.

Please...
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 10, 2014, 09:44:27 PM
Hey guys, Coolstoryteller has set up a very nice SBC gambling site.

Here it is:

www.stabledice.com

Make sure to save whatever URL shows up for you, as it will store your wallet on that same URL.
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 09, 2014, 09:40:46 PM
So stablecoin is version 1.4 now right? Not 1.5?

No, it's 1.5
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 09, 2014, 08:57:44 PM

Good assessment, that seems the logical next step as ppl need to at the very least cover the cost of running a node and this would also be an incentive  to do so.


So basically a reward system for setting up a node?

Maybe we should allow people to collect a 2% monthly interest on their wallet for running a mixing node, or something along these lines?
31  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] StableCoin Mixing Service - Beta Tester Signup on: January 07, 2014, 01:05:29 AM
Client tester.
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 02, 2014, 05:09:00 AM
what happens first, block 317,000 or the mixing service? At this rate it may be the mixing service.

The difficulty readjusts correctly after that  block because as you might have noticed the diff algorithm is currently "broken"

He wasn't asking what would happen, he was asking which event would happen first, between block 317,000 or the release of the mixing service  Cheesy
33  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: January 01, 2014, 07:34:29 PM
Hey guys, someone made some great points on SBC in the forums. Thought it'd be worth it to post it here:

Quote from: MatthewDC
Hello All,

I am fairly new to Crypto in general and SBC was the first coin that really stuck out to me. Mainly because I feel it is not over-inflated, it has a feature in the mixing service that has a lot of promise for the long-term trade, and it is not completely over-hyped or being pump and dumped by multi's.

The biggest issues I see in regards to the future of the currency and it's ability to gain market share are as follows:

1. The mixing service needs to show progress and Artos needs to offer consistent updates on it's status and keep active in the community. This will keep interest high and people looking forward to it's release. This also helps people feel as though the release is imminent and not a potshot as to whether or not it ever happens.

2. Artos himself is either a liability or the greatest strength of the currency. We know that the BTC source is fine and we know that the mixing service in theory sounds great, but Artos already abandoned the community once with no explanation and the mixing service atm is just a pipe dream for most involved. Anoncoin is theorizing a similar type system, is more stable, and seems to have more backing. Artos needs to be more active, more accessible, and more consistent in talking to the community through twitter, a blog, whatever the means may be. This will serve to ease the minds of those who are skeptical and keep them from jumping to Anoncoin which has the appearance of more stability.

3. The recent difficulty issues, the fork, the (in my mind) terrible communication during the process and tying that with what has happened with Artos in the past seems to be a deterrent for many. The talk is that he is shifty and possibly unreliable. This creates a lack of interest in even getting involved with the currency when other options exist.

These are just my 2 cents and the things I processed in my own head when deciding what currency to get involved with. Ultimately for me, I feel as though Artos is a normal guy with a life that gets in the way just like the rest of us, but I feel like he believes in and will support SBC as best as he humanly can. After reading through his posts and whatnot I feel confident that I can trust him. That being said, I also feel like SBC needs some kind of PR department or person to formulate public correspondence to make sure that it comes off better and more consistently (in an official capacity). Communication is the key to the success of any crypto.

Most importantly, from what I gather, we are waiting to hit 317,000 to fix the difficulty scaling correct? This to me is a good point at which we should start pushing for more frequent updates. Even if it is just thoughts, ideas, or statistics about SBC in relation to other coins, updates are useful. Start talking about hash rate goals, getting additional pools, or whatever, even offer rewards if we must, to help create additional interest.

Bottom line, I think StableCoin is a good long-term bet and I think anyone serious about crypto who reads into it and understands the mixing service will feel like its a bet worth taking. That is the strongest feature or interest building asset. I think right now, Artos and the history of StableCoin, along with the lack of official communication, updates, and the status of that service is the biggest detriment.

Just some thoughts. Thanks for reading.

- DC

Thread:

http://forums.stablecoin.net/index.php?topic=173.0
34  Alternate cryptocurrencies / Altcoin Discussion / Re: 150 StableCoin Giveaway! Move to our pool for chance to win! [sbc.bitember.com] on: December 30, 2013, 05:03:59 AM
Sounds good, I'll give it a try.
35  Alternate cryptocurrencies / Altcoin Discussion / Re: How to indicate, which cryptocoin will "make it"? on: December 29, 2013, 06:03:10 AM
I think anonymity will be important, which is something StableCoin will offer with its mixed transaction service, which is supposed to beat CoinValidation.

I would also definitely say that stability in general is key for any currency that is regularly used, so the name is great, although I'm not sure if its features actually bring it stability, but regardless, the name fits.

Other features are probably how much can be available. Inflation is also going to be necessary, as it encourages spending, which peercoin has.
36  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] Fighting CoinValidation - Introducing the new StableCoin mixing service on: December 29, 2013, 05:54:52 AM


The above statement in the OP should actually be worded:


The benefits of this type of system over a traditional mixing service are clear. All possible attack vectors other than the master node being dishonest have been eliminated. Under this system, one must only trust the master node to act honestly, which is required of any centralized system.

That's actually not true. Here's what artos had to say on this subject:

Quote
"Hazard is correct. Mixing systems require a trusted entity to function. There is no possible way for a client to figure out receiving addresses, while still having them remain anonymous. The protocol we are developing aims to move some of the functions of a mixing system onto the block chain. This addresses several concerns that face mixing services, a few of which were outlined in the original post. The protocol will be in the public domain, of course. People will be able to set up their own mixing services. So it is incorrect to say that it is centralized and that I control it. The protocol can be adapted for many different types of applications. For example, it can easily be adapted for use in anonymous P2P messaging/broadcasting system. We're currently investigating all these different uses for it."
37  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: December 29, 2013, 05:31:58 AM

Can someone update the Mac wallet please? Or fix the code so it's compatible with QT Creator 5.x so that I can build it from github?

Thanks

U

+1 on this. A Mac client for v1.4 was made in under a day, would really like to see a v1.5 client for mac soon.
38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: December 28, 2013, 08:53:43 PM
I just bought 12k SBC on cryptsy while the withdrawal/deposits were down two days ago. Are those ok?

They likely are, as internal trades are fine on Cryptsy.

In other news, it's great to see all the activity this thread is getting lately.

The unfortunate problems have brought out all of its supporters from the woodworks, and does show the general support from the community that SBC has.
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SBC] From Death Comes Life – The Rebirth of StableCoin - URGENT UPDATE on: December 28, 2013, 07:40:56 AM
I think the block explorer may have stopped working for StableCoin. It has question marks all over it on CoinMarketCap.
40  Alternate cryptocurrencies / Altcoin Discussion / Re: Stablecoin on Cryptsy.. where is it? on: December 28, 2013, 05:33:32 AM
I think they're waiting for the blockchain update to come into effect.
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