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281  Alternate cryptocurrencies / Altcoin Discussion / Re: The race for a decentralised silkroad is on, but who will win? on: March 24, 2015, 11:38:07 PM
Can I ask a genuine question?

When the SDC marketplace is delivered, will it be running through standard wallets or through nodes of another kind?

Standard wallet, decentralisation is key and everybody is part of it.
Currency, communication and commerce in one platform and your privacy at the heart of it.... Let the revolution begin!
282  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Shadowcash run on a tails usb stick with persistent drive? on: March 24, 2015, 11:35:54 PM
Let's us know how you get on ... Should work just fine.
283  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SDC] The Shadow Project | Anon POS | Ring Sigs | Decentralized MarketPlace (w) on: March 23, 2015, 10:37:09 PM
how will the marketplace offers be stored, what about the images/media and other info, how are they stored? I'm assuming your hosting each marketplace via the simple http server you have in your code? How is it decentralized hosting, that i thought was claimed somewhere about this coin?

As I understand the Shadow communication system, all the content for the platform exists in each wallet. That's the way the Shadowchat works- everybody on the network gets the message, only the intended recipient can read it or is alerted to it.

This may eventually create a bit of of bloat and I can foresee the wallet and its content getting very large after a while, but there is no free lunch.


^ this .. However the beauty of it running on the ShadowChat P2P network is that we have full control over data pruning ... So no bloat!
284  Alternate cryptocurrencies / Altcoin Discussion / Re: coins that you can trust for long term on: March 23, 2015, 03:34:17 PM
Bitcoin, Shadow and Sapience (my top three).
285  Alternate cryptocurrencies / Altcoin Discussion / Re: The race for a decentralised silkroad is on, but who will win? on: March 23, 2015, 03:33:02 PM
This is a step in the right direction, it saddens me that we still have to trust centralised platforms to trade currency/goods.
Poor old Satoshi must be rolling over with the state of scams in the past several years.
286  Alternate cryptocurrencies / Altcoin Discussion / Re: PoS vs Pow on: March 23, 2015, 03:26:53 PM
Most implementations of Proof-of-stake suck.  They are not the way it's supposed to work, and the PoS stakers who forge blocks do not actually contribute security to the block chain in relation to their staking award.

Can you elaborate on that.


I suspect he is referring to the use of "coin age" ... and that one can keep their wallet offline for weeks and just turn it on to stake before turning it off again.
BC PoS 2.0 addressed this but as my post above, more work is needed IMO on PoS.
287  Alternate cryptocurrencies / Altcoin Discussion / Re: PoS vs Pow on: March 23, 2015, 03:23:14 PM
Neither, PoS in its current state needs more work and PoW is just a waste of resources.
I suspect we will see an evolution of one or both soon (tm)....

What are the areas in POS that need more work?

1. I am not convinced incentivizing miners with a % reward based on holdings is the right solution (making the rich richer?)
2. There is still centralisation and this area needs work i.e. checkpoint node

There have been improvements such as BC PoS 2.0 but more work is needed.
288  Alternate cryptocurrencies / Altcoin Discussion / Re: PoS vs Pow on: March 23, 2015, 03:04:56 PM
Neither, PoS in its current state needs more work and PoW is just a waste of resources.
I suspect we will see an evolution of one or both soon (tm)....
289  Other / Off-topic / Re: Complete the sentence... "I would sell all my Bitcoins if..." on: March 23, 2015, 02:56:28 PM
Only if another crypto currency is going to replace it as the defacto ... (which as things stand does not seem that likely).
290  Bitcoin / Bitcoin Discussion / Re: Ok So I Just Sent £1000 of BTC to a Friend in Northern Namibia.. Now What? on: March 23, 2015, 02:54:25 PM
For the best experience look for an exchange or localbitcoins ... using Paypal just does not cut it for me, unless ofcourse he/she plans to use paypal to buy further stuff.
291  Bitcoin / Bitcoin Discussion / Re: On Bitcoin valuation on: March 23, 2015, 02:52:08 PM
There are too much scams for mass adoption... The solution seems to be regulation, but its double edged sword.. I see no easy way as of now.. There need to be some breakthrough with a killer app/company/integration or we go nowhere... Wink

people are also still afraid of 51% attack, there is a solution on the way for this(supernode), were the longest blockchain mean nothing

Source on supernode? Thanks
292  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SDC] The Shadow Project | Anon POS | Ring Sigs | Decentralized MarketPlace (w) on: March 23, 2015, 02:50:02 PM
Good stuff Seb, glad to see all the hard work is starting to get more and more coverage.
Lets get the word out!
293  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SDC] The Shadow Project | Anon POS | Ring Sigs | Decentralized MarketPlace (w) on: March 21, 2015, 10:07:41 PM
BOOTSTRAP UPDATE

<snip>

the above link will download a bootstrap which is automatically updated every 30 minutes.
all new users syncing their wallets up for the first time should use this link

not sure if its in the OP, but it should be.

Nice initiative.

p.s. could a Team member confirm this is the right link?


http://shadowcash.info/x/MAAV - official link for all bootstrap related info.
294  Bitcoin / Bitcoin Discussion / Re: Winklevoss Twins Is At It Again on: March 20, 2015, 04:08:41 PM
Winklevoss Twins Says, In 10 Years Cash Will Be Obsolete

http://bitforum.info/t/winklevoss-twins-says-in-10-years-cash-will-be-obsolete/546

For me, its really hard to believe that bitcoin could replace cash, not because bitcoin cannot do it, but because bitcoin now is having a hard time breaking into the mainstream. I don't know what's their basis about they said.

Maybe if they said 25 years, maybe Ill believe them.

What we have to remember is the long distance we have come in the short number of years.
We need to build the platform and services, make it easier for the average person to use and secure ... and that is all before we can expect "mainstream adoption" ...

It is certainly aggressive but in todays age things move quicker.
295  Economy / Speculation / Re: Bitcoin Price Range Holds; What’s Next? on: March 20, 2015, 04:06:56 PM
<snip>

Is there something we can do to even put the resistance to 300 and not on 250-260?

Sure, start buying more BTC Smiley
296  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SDC] The Shadow Project | Anon POS | Ring Sigs | Decentralized MarketPlace (w) on: March 20, 2015, 03:52:34 PM
And the winner is .... Roslinpl !

You can now use those signature to show your support to the shadow project, on bitcointalk

Great stuff and thanks to everyone who participated.
Any reason the E is in black on the "Shadow Home Page" on the Snr Members design?
297  Alternate cryptocurrencies / Altcoin Discussion / Re: [DRK/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ) on: March 20, 2015, 12:49:36 AM
@P3RS3US, dont waste your time .. did you not know CryptoNote was rebranding as Monero ...
298  Alternate cryptocurrencies / Altcoin Discussion / Re: [DRK/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ) on: March 20, 2015, 12:48:46 AM
1. You/drk fanboy started this convo by saying cryptographically secured anonymous transactions are flawed to which I responded.

I don't remember anyone saying it's flawed, just that it has risks that are different than the risks in off chain anonymity.

It was in another thread also below..

The problem is that while it might be very secure in terms of 'hiding' a transaction, cryptonote puts all its eggs in one basket - a totally centralised solution. Break the cryptonote algo and you've rendered the entire money supply useless with subsequent collapse of the whole financial system based around that currency.

Now tell me how is that any difference to what would happen to DRK if ECDSA was cracked? not only is the entire DRK money supply on the line but I can pull a list of 2000 public address to raid first Wink
You cannot use one argument to suit DRK and then ignore the profound effect it has itself on DRK.
299  Alternate cryptocurrencies / Altcoin Discussion / Re: [DRK/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ) on: March 20, 2015, 12:35:08 AM
Besides, he claimed if he has the private keys he can de-anonymize 100% of the network.

Fair point. Since we had numerous different angels on the go that was inappropriate to use in that context (you cannot deanonymize DRK by simply having all the private keys; combine that with 1. logs or 2. ddos network and its a different game) ...
However all my other points stand.

1. You/drk fanboy started this convo by saying cryptographically secured anonymous transactions are flawed to which I responded.
2. To show the weakness in your argument I also pointed out that if a random crypto algo such as ECDSA (used by both) was cracked then it would be more harmful to DRK that Shadow (since anonymous transactions are secured via other algos so therefore your entire argument about using cryptography to secure transactions has flaws as it has a much more profound affect that just anonymity).

Rest pretty much stands ...

So going back to my point, I would be more worried about a "cryptographic" breakage if I was in DRK than Shadow (1,000 DRK masternodes pubkeys here I come Wink)

300  Alternate cryptocurrencies / Altcoin Discussion / Re: [DRK/XDN/XMR/SDC] Comparison between the most known anonymous coins (MUST READ) on: March 19, 2015, 04:17:44 PM
I showed that if a crypto algo such as ECDSA was compromised it would cause more damage to DarkSend and DRK than it would to for example Shadow.

I'm no cryptography expert or part of any dev team so could you please explain that example I gave.

Firstly I am not cryptography expert or ever claimed to be.

Secondly I have already answered this ... if ECDSA is cracked all your DRK funds, private keys, transactions are mine.
If ECDSA is cracked then only SDC funds, private keys and SDC transactions are mine. SDT transactions i.e. all anonymous transactions are still 100% anonymous and secure.

Now tell me who has been hurt more as a currency?
But this is only part of the problem with DRK MN design; I am directly answering your question in relation to "cryptographically secured anonymous transactions are flawed"

Fact is a cracked crypto algo in the example I posted is far worse for DRK than it is for Shadow (as stated above you have to go through multiple layers).
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