Ouch .... but it crossed my mind also.
So Sergio are you ever going to publish? Have you looked at the arguments regarding fungibility? If you truly have an idea that is possibly the best money humanity can have,
I don't have the best idea. No one can claim to have the best idea. But I'm unsure if I'd like to be remembered as the guy that facilitated global crime. Already done. So you can't be remembered as such, because somebody already did it (or will do it soon) ! Do you get the logic ? CoinSwap. CoinJoin. CoinControl. ZeroCoin. BlockChain info's CoinJoin implementation. Hello ? Sergio ? You there ?
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All these problems, like hiding the transfer amount , and anonymization, etc were solved (*) by my Appecoin protocol. (...) The fact that I didn't publish it (for a year) is that I still have moral doubts of enabling a completely anonymous payment system. Somebody has to proof that the benefit of such system outweigh the costs of its illegal use.
Actually since CoinControl, CoinSwap, CoinJoin and even ZeroCoin are already coming i think that your invention is not so of a big deal anymore. However obviously everybody would surely welcome yet another way(tm) to anonymize their wealth. EDIT: What I meant to say was that releasing it today would not mean much because we soon will have other means of gaining complete financial privacy.
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This could be the next revolution.
The blockchain could become 1000x smaller making it possible to run full nodes in low-power devices. I mean, that would be something.
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Twelve Trillion USD invested in BTC with a 12 million BTC supply would be a $1 Million bitcoin. ...And that's without any user adoption by the people on the street; not even a single merchant accepting them. WHAT IS STOPPING THIS AND HOW DO WE DESTROY THAT?
Nothing needs to be done really except improving Bitcoin clients & websites so Bitcoin becomes more scalable, easy to use, secure and anonymous. If we do so, it will just happen. This is an unstoppable force of nature (or force of mathematics).
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Well, this is not strictly Bitcoin article, but related. Also, some Bitcoin in comments below the article “It’s no longer in China’s favor to accumulate foreign-exchange reserves,” Yi Gang, a deputy governor at the central bank, said in a speech organized by China Economists 50 Forum at Tsinghua University yesterday. The monetary authority will “basically” end normal intervention in the currency market and broaden the yuan’s daily trading range, Governor Zhou Xiaochuan wrote in an article in a guidebook explaining reforms outlined last week following a Communist Party meeting. Neither Yi nor Zhou gave a timeframe for any changes.
http://www.bloomberg.com/news/2013-11-20/pboc-says-no-longer-in-china-s-favor-to-boost-record-reserves.html
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It takes you to a login screen that looks like this forum, so they can get your name and password.
Honourable member of Staff, we welcome you ! Any idea if we could have outgoing link verification on these forums ? (You know, it would really help to mitigate attacks like this one)
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Mike Hearn is a modern Trojan Horse and/or Ephialtis - remove him from core devs asap!
Oh, I think that nobody outside the foundation trusts or likes him anymore.
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Oh, please.
This belongs in the Speculation section.
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US bitcoin niche is occupied by bitcoin mafia which is monopolist in their country. It's typical situation in over-regulated environment.
Would you care to elaborate ?
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Zerocoin is pretty complicated comparing to the Bitcoin alternatives: CoinJoin, CoinSwap and CoinControl which offer practically the same functionality.
I don't think we need ZeroCoin anymore.
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Opps, that sucks.. I just realise the website isn't bitcointalk....
Yep, it's that easy to get scammed. One misclick and your account is fucked (then scammer can use your verified & trusted account to send even more scammy PMs).
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- if govnm't XYZ wants to track bitcoins by blockchain analysis, we cannot avoid it anyway, and they do it anyway, that's for sure. Whether some make national laws using such data is also outside our influence (but it would weaken the country's competitiveness) But that is exactly why the bitcoin development should put much more focus on improving anonymity. Tracking coins via blockchain analysis is the most important issue that ought to be addressed by the developers - but it hasn't been. Ever since Satoshi is gone, no actual privacy improvement have been made in bitcoin. Actually, wrong aaaand... WRONG again. What about CoinControl, CoinJoin and Coinswap ? The first one is being merged into Bitcoin-QT, second is being worked on and avaiable already at blockchain.info's wallet, and third is at the concept stage. These are all new ideas, give it time.The people in charge who he left the project to have obviously sold it to corporations and are now busy not developing bitcoin, but a surveillance system around it. Am I the only person who actually sees it?
Actually AFAIK for now it's just Mike Hearn from core devs, do you have proof that other core devs are also working on it ?
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Look at the PM I just received : [ WARNING FOR NOOBS: DO NOT CLICK THAT LINK BELOW ! ] Be careful where you mine and exchange bitcoins for money. Most mining pools are a scam, bitcoin exchanges too(they will hold your money for months), look in the scammers section and see for yourself bticointakl.org/index.php?board=83.0This is a scammer, trying to harvest Bitcointalk forum's logins & passwords. We should act immediately - perhaps an automatic external linking protection (like youtube) or tagging algorithm adding extra description to every outgoing link (like slashdot) should be added to the forum. Algorithm such as this is easy to write and will save many noobs and people who misclick and don't read website URL's. Also: Somebody please ban this motherfucker (and others like him) before they do a lot of harm.
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Current foundation is a United States Foundation.
Exactly - this is my whole point. Why keep the "main"/"original" Foundation in the Fucked up Country like USA is ? If we are going to have "the" Foundation, let's have it in the best country in the world for such things - Switzerland.
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watching
does anyone think it's a coincidence that we have a huge run up in BTC price EXACTLY at the time this stuff is going on behind closed doors? certainly suggests and implicates various parties in some dastardly doings. Obviously. Some "groups" have concluded that Bitcoin will go mainstream and it has to be controlled before it can harm their business and powers.
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Switzerland is not neutral.
Of course it is not 100% neutral. But Close Enough(tm). There is no answer to this poll for the notion that no nation state can be neutral with regard to bitcoin.
Sorry, can't change the poll now, the results would be invalid.
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Maybe they shouldn't be centred anywhere. That way it's international like btc
Nobody is saying that there should be only one foundation. I'm talking about moving this one to Switzerland, because USA is a country fucked up beyond repair (as many many other to be fair).
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Every smart person owning bitcoins will rush into altcoins if those plans become reality, altcoins will rise, bitcoin will fall ... you'll loose nothing, they loose everything. Stay calm. The technology is here to stay.
No need to rush into any altcoins, a simple hard fork is all we need.
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I have just read some of this crap. It is really disgusting.
People like that should not have the power to represent or decide ANYTHING in Bitcoin. Mike should be kicked out of the foundation immediately and the foundation should be moved to Switzerland in order to remove pro-government lobbying & political pressure (if that even helps - but after reading I doubt it).
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