From http://wiki.ethereum.org/index.php/Dagger: ...In the context of mining, however, botnet-infected computers tend to be running older operating systems and have weaker specifications, meaning that they will have a much lower performance and impact on the network than their size might initially suggest.
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...And even in such an equilibrium, mining with ordinary CPUs will likely continue to be practical. So we have such a formula for mining power: numberOfZombieComputers * X = numberOfLegitMinersQuestion: What is ur assessment of X value? Have not read the whitepaper yet but I would like to ask if it will support the above: 1) Totally anonymous minting for all coins (every client compulsory connected through Tor/I2P, like anoncoin) 2) Compulsory zerocoin/coinjoin like mixing in the blockchain 3) Client connecting only through Tor/I2P (1,2,3 will prevent taint analysis -> possible fungibility loss) 4) Distributed ethereum/fiat exchange without trusted third party (holy grail) - OT I think needs a 3rd party. Thank you in advance! Good luck, we need as much diversity as possible.  Thanks in advance. |
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who ever owns 2584657662098653454 that was really awesome of you to send 10k to tai. keep up those awesome donations man, im a fan of you.
I am da man  Prove it! 18384674354580664306  lol Got 100, where are 9900 other ones? Thanks! Lost in the dark side of the blockchain  |
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who ever owns 2584657662098653454 that was really awesome of you to send 10k to tai. keep up those awesome donations man, im a fan of you.
I am da man Prove it! 18384674354580664306 lol |
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who ever owns 2584657662098653454 that was really awesome of you to send 10k to tai. keep up those awesome donations man, im a fan of you.
I am da man |
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I just commented and donated you 10K NXT. Well done! |
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If anybody wants to buy big (3-5M) without moving the market I am selling at 0.0001btc.
Escrow with bybitcoin or Anon136 or you send first (in 100K chunks maybe).
Offer will be valid while bter is <=0.00015btc/nxt.
Public or PM.
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http://weibo.com/btc38 announced that they will launch a new cryptocurrency tomorrow 15:30 15:00 (UTC+8), but we don't know which one they will launch. BTW, I do suggest not send Nxt to those exchanges. The exchange is just a free market and anyone can take party in. We the community can provide technique support if asked. I think there is no paid work for some exchange to p&d. I believe Nxt need to get its success by its innovation. Edit: BTC38 will open deposit at 14:30. http://www.btc38.com/altcoin/altgeneral/663.htmlIs this where you found it? What does this article say? Anyone? |
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The porn industry awaits for you honey, don't waste your time here no one cares for your brain, tits look promising!
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Have not read the whitepaper yet but I would like to ask if it will support the above: 1) Totally anonymous minting for all coins (every client compulsory connected through Tor/I2P, like anoncoin) 2) Compulsory zerocoin/coinjoin like mixing in the blockchain 3) Client connecting only through Tor/I2P (1,2,3 will prevent taint analysis -> possible fungibility loss) 4) Distributed ethereum/fiat exchange without trusted third party (holy grail) - OT I think needs a 3rd party. Thank you in advance! Good luck, we need as much diversity as possible. |
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So regarding anonymity BTC is worse than cash and NXT is worse than BTC...
Let's not forget that anonymity was the most popular feature people wanted for NXT in a poll or something.
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Anon I suppose you are familiar with adam3us achievements/background: https://bitcointalk.org/index.php?action=profile;u=101601He is very knowledgeable regarding zerocoin. The zerocoin dev team ignore me - I think we should approach him to help us investigate whether zerocoin protocol is compatible with NXT PoS. Can you approach him instead of me? You are more skilled in the mining algo and you would communicate better. If he succeeds the bounty is 1M NXT paid by me (of course they could be paid partially/full from the 13M but we need to speed things up as much as possible)! What do you think? well my first thought would be that, for the same reasons the bitcoin devs rejected zerocoin, it may not be wise to implement zerocoin on this chain even if it were possible. zerocoin is extremely resource intensive and its not one of those things where that issue can be mitigated by only having a few people use it when they need it, zerocoin requires network effects. Its probably best for someone to clone nxt and put zerocoin on the clone chain and people who are buying drugs or hits can use that chain, and they can pay the exorbitant price for that, while normal people like us buying toilet paper and toothpaste can pay the lower fees for less anonymity. zerocoin is not as resource intensive as it was before, I believe the devs said they reduced it by ~98% also, NXT should welcome all transactions, no matter what its for. that is what will make the coin succeed. zerocoin2 launching on May on it's own blockchain. Anonymity is a must feature IMHO. I thought the fact that transactions were faster in NXT (they are supposed to become even faster - instant) would be good for a possible 0coin adaptation (not so resource intensive or the effect more subtle). The platform with the first distributed dark marketplace will be the winner - MSC, Bitshares, eMunie are too politically correct to do so. Only NXT and/or XCP could fill this gap. There can be only one. Klee, if a user had the option to send using either standard or anonymous (zerocoin like), couldn't a merchant simply deny transactions with that flag sent? If so: The people that hate freedom... *cough* I mean, the people that scream about anonymous transactions don't have to accept them The people that want to send it anonymously, well, they have that option Win/Win? Not sure I understood your second paragraph  The first paragraph refers to a known issue with mixers and/or I2P/Tor wallet clients (taint analysis) - the only solution is to make them compulsory to everyone... I had an opportunity to talk with the Zero team this past summer when I was with Feathercoin. I asked if it would be possible to allow the user to toggle the option to utilize zero or send a standard transaction in the same client and they said yes. Here's the issue I see: Large merchant wants to accept CoinY Large merchant is regulated somehow and can not accept CoinY because of the anonymous nature of the coin Large merchant is able to reject any coins that are colored/tagged with anonymous feature If customer wants to do business with large merchant, they can't toggle the anonymous option Customer can use the same wallet to send a standard transaction to the large merchant Customer has the option to use CoinY anonymously elsewhere Yep, taint analysis. Probably it is too late for NXT now too (as for ALL coins thus far)... |
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Of all the great new features that NXT brings to the table, my only complaint is that its privacy features suck. It's even worse than bitcoin because the client does not automatically make new addresses following each transaction.
Anon, I think you are downplaying a very important shortcoming that NXT has. Also, remember that Bitcoin would not be anywhere near where it is today if the Silk Road had never existed.
And Klee, thank you for offering the 1 millon NXT bounty for a Zero Coin implementation.
The whole point of the cryptocurrency revolution is to wrest control of our own money back from the bankers and our overlords. This means that I should be able to pay my own money to whomever I want with no fear of repercussions.
We need anonymity plus decentralized crypto/fiat exchange WITHOUT trusted third party (holy grail). |
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Anon I suppose you are familiar with adam3us achievements/background: https://bitcointalk.org/index.php?action=profile;u=101601He is very knowledgeable regarding zerocoin. The zerocoin dev team ignore me - I think we should approach him to help us investigate whether zerocoin protocol is compatible with NXT PoS. Can you approach him instead of me? You are more skilled in the mining algo and you would communicate better. If he succeeds the bounty is 1M NXT paid by me (of course they could be paid partially/full from the 13M but we need to speed things up as much as possible)! What do you think? well my first thought would be that, for the same reasons the bitcoin devs rejected zerocoin, it may not be wise to implement zerocoin on this chain even if it were possible. zerocoin is extremely resource intensive and its not one of those things where that issue can be mitigated by only having a few people use it when they need it, zerocoin requires network effects. Its probably best for someone to clone nxt and put zerocoin on the clone chain and people who are buying drugs or hits can use that chain, and they can pay the exorbitant price for that, while normal people like us buying toilet paper and toothpaste can pay the lower fees for less anonymity. zerocoin is not as resource intensive as it was before, I believe the devs said they reduced it by ~98% also, NXT should welcome all transactions, no matter what its for. that is what will make the coin succeed. zerocoin2 launching on May on it's own blockchain. Anonymity is a must feature IMHO. I thought the fact that transactions were faster in NXT (they are supposed to become even faster - instant) would be good for a possible 0coin adaptation (not so resource intensive or the effect more subtle). The platform with the first distributed dark marketplace will be the winner - MSC, Bitshares, eMunie are too politically correct to do so. Only NXT and/or XCP could fill this gap. There can be only one. I have to say I don't care much about the dark market. Mexico and Colombia drug lords would never use Internet anyway, then you only have some small-scale younf pseudo-intellectual drug dealers. It is not worth to ruin NXT's reputation for that market. See how bitcoin can grow after it escape the shadow of SR. I would not oppose anon feature but generally I would not support any effort to draw in the dark market crowd. Don't get me wrong, I don't like dark markets too but only a really anonymous (compulsory anonymous minting too) coin that will serve system D can replace Bitcoin. I am with AnonyMint's analysis in this regard, he is borderline crazy but genius, check his posts... |
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Anon I suppose you are familiar with adam3us achievements/background: https://bitcointalk.org/index.php?action=profile;u=101601He is very knowledgeable regarding zerocoin. The zerocoin dev team ignore me - I think we should approach him to help us investigate whether zerocoin protocol is compatible with NXT PoS. Can you approach him instead of me? You are more skilled in the mining algo and you would communicate better. If he succeeds the bounty is 1M NXT paid by me (of course they could be paid partially/full from the 13M but we need to speed things up as much as possible)! What do you think? well my first thought would be that, for the same reasons the bitcoin devs rejected zerocoin, it may not be wise to implement zerocoin on this chain even if it were possible. zerocoin is extremely resource intensive and its not one of those things where that issue can be mitigated by only having a few people use it when they need it, zerocoin requires network effects. Its probably best for someone to clone nxt and put zerocoin on the clone chain and people who are buying drugs or hits can use that chain, and they can pay the exorbitant price for that, while normal people like us buying toilet paper and toothpaste can pay the lower fees for less anonymity. zerocoin is not as resource intensive as it was before, I believe the devs said they reduced it by ~98% also, NXT should welcome all transactions, no matter what its for. that is what will make the coin succeed. zerocoin2 launching on May on it's own blockchain. Anonymity is a must feature IMHO. I thought the fact that transactions were faster in NXT (they are supposed to become even faster - instant) would be good for a possible 0coin adaptation (not so resource intensive or the effect more subtle). The platform with the first distributed dark marketplace will be the winner - MSC, Bitshares, eMunie are too politically correct to do so. Only NXT and/or XCP could fill this gap. There can be only one. Klee, if a user had the option to send using either standard or anonymous (zerocoin like), couldn't a merchant simply deny transactions with that flag sent? If so: The people that hate freedom... *cough* I mean, the people that scream about anonymous transactions don't have to accept them The people that want to send it anonymously, well, they have that option Win/Win? Not sure I understood your second paragraph The first paragraph refers to a known issue with mixers and/or I2P/Tor wallet clients (taint analysis) - the only solution is to make them compulsory to everyone... |
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Anon I suppose you are familiar with adam3us achievements/background: https://bitcointalk.org/index.php?action=profile;u=101601He is very knowledgeable regarding zerocoin. The zerocoin dev team ignore me - I think we should approach him to help us investigate whether zerocoin protocol is compatible with NXT PoS. Can you approach him instead of me? You are more skilled in the mining algo and you would communicate better. If he succeeds the bounty is 1M NXT paid by me (of course they could be paid partially/full from the 13M but we need to speed things up as much as possible)! What do you think? well my first thought would be that, for the same reasons the bitcoin devs rejected zerocoin, it may not be wise to implement zerocoin on this chain even if it were possible. zerocoin is extremely resource intensive and its not one of those things where that issue can be mitigated by only having a few people use it when they need it, zerocoin requires network effects. Its probably best for someone to clone nxt and put zerocoin on the clone chain and people who are buying drugs or hits can use that chain, and they can pay the exorbitant price for that, while normal people like us buying toilet paper and toothpaste can pay the lower fees for less anonymity. zerocoin is not as resource intensive as it was before, I believe the devs said they reduced it by ~98% also, NXT should welcome all transactions, no matter what its for. that is what will make the coin succeed. zerocoin2 launching on May on it's own blockchain. Anonymity is a must feature IMHO. I thought the fact that transactions were faster in NXT (they are supposed to become even faster - instant) would be good for a possible 0coin adaptation (not so resource intensive or the effect more subtle). The platform with the first distributed dark marketplace will be the winner - MSC, Bitshares, eMunie are too politically correct to do so. Only NXT and/or XCP could fill this gap. There can be only one. |
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Anon I suppose you are familiar with adam3us achievements/background: https://bitcointalk.org/index.php?action=profile;u=101601He is very knowledgeable regarding zerocoin. The zerocoin dev team ignore me - I think we should approach him to help us investigate whether zerocoin protocol is compatible with NXT PoS. Can you approach him instead of me? You are more skilled in the mining algo and you would communicate better. If he succeeds the bounty is 1M NXT paid by me (of course they could be paid partially/full from the 13M but we need to speed things up as much as possible)! What do you think? well my first thought would be that, for the same reasons the bitcoin devs rejected zerocoin, it may not be wise to implement zerocoin on this chain even if it were possible. zerocoin is extremely resource intensive and its not one of those things where that issue can be mitigated by only having a few people use it when they need it, zerocoin requires network effects. Its probably best for someone to clone nxt and put zerocoin on the clone chain and people who are buying drugs or hits can use that chain, and they can pay the exorbitant price for that, while normal people like us buying toilet paper and toothpaste can pay the lower fees for less anonymity. Taint analysis. |
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You're coordinating a lot here and running things well Let me know if you would like to collaborate on giving future NXT press releases more coverage (published more widely). The full distribution I can offer is over at http://bitcoinprbuzz.com/servicesContrary to popular belief I am a NXT supporter - the previous issues had nothing to do with my opinion of NXT - but more with an unfortunate misunderstanding (as anyone can see by taking a look at the original bounty thread). So here I am putting aside my personal misgivings, and offering my support once again - because I can't ignore all the awesome things going on around here I put that 100K again for pushing the media coverage: I can give you 50K at first for a month for covering Nxt news in some places, among which there should be at least one important place ( zerohedge or wallstreet or coindesk). If the community get satisfied with your first month performance, then I give you the second 50K for continuing the news coverage until the end of March (again one or two more important media to cover about Nxt). If you are agreed please post your complete plan for a month and a Nxt account id. Add to this The Genesis Block and BitcoinMagazine. |
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Anon I suppose you are familiar with adam3us achievements/background: https://bitcointalk.org/index.php?action=profile;u=101601He is very knowledgeable regarding zerocoin. The zerocoin dev team ignore me - I think we should approach him to help us investigate whether zerocoin protocol is compatible with NXT PoS. Can you approach him instead of me? You are more skilled in the mining algo and you would communicate better. If he succeeds the bounty is 1M NXT paid by me (of course they could be paid partially/full from the 13M but we need to speed things up as much as possible)! What do you think? |
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Any chance the BTC mining collective would simply block XCP (and MSC) transactions altogether, making the whole protocol useless?
High chance. Cartels. |
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I send him 15K beforehand - I will send another 15K when finished.
I hope he will get 20K more from the unclaimed funds (total 50K) and he will compromise for such a price FOR THE APP!
If he can promote in any other way he can claim more.
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