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Important question.
If I put more BTC in now, when can I expect to have them returned if the ICO does not go ahead?
1. If I send from my own wallet?
2. If I send from an exchange?
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I would put more bitcoin in to, but whats the point if it's not going ahead?
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Here is an idea to improve ICO's and maybe get this away.
1. Take the 500 BTC.
2.Escrow another 500 BTC worth of coins.
3.Offer these Darcrus to those who took up the initial offer , at a later date, after certain milestones have been achieved
4.If they are not taken up then offer them to others.
This would give the team an incentive to reach goals.
It would be like a rights issue in an equity raising where rights not taken up were sold in a bookbuild.
The price of the second round would take some working out but I'm sure it could be done depending on the milestones.
If the price was higher then excess Darcrus could be "burned".
Hmmm..thinking further. One issue would be that holding Darcrus doesn't actually give you equity in the project, just the token...hmmm
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...Zeroknowledge coins require a "trusted set up". We need to be absolutely sure we can trust whoever set it up...
From the first paragraph of the Zcoin section: Since monetary inflation of any kind would be detected immediately this also mitigates any trust issues during initial setup. Thanks..I guess I am wrong about that then |
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Monero promises high resistance against blockchain analysing.
Have you ever met with a tool that could break this resistance?
It does not have to have 100% success rate, I just would like to know how far the attempts could get.
You can more or less work this out for yourself. Assuming no vulnerabilities in the implementation, and assuming no such things like compromised machines, or compromised internet connection (which have nothing to do with the crypto currency protocol itself), here's the gist: You have to assume fractional "real world" knowledge about certain transactions. That is, you can know some stuff, like Joe went to Mary's coffee shop and paid his coffee with transaction X. Joe withdrew coins from an exchange with transaction Y. And so on. The aim of chain analysis is to use this partial information of known transaction/person links, and to complete it using the block chain itself. Here we assume that we DON'T use other information, like IP addresses, compromised computers and so on. The problem with transparant chains like bitcoin is that this partial information is propagated, because we can follow transaction to transaction ; as such, we can learn that Joe was also involved in several other transactions, by looking at the combination of his coins and his change addresses. A solution to this is to use mixers. In bitcoin, you have to take the initiative with others, in DASH, you have to take the initiative but it is then done by master nodes, and in monero, it is done automatically by selecting random addresses on the chain. Mixing makes the propagation of the partial information ambiguous, but not totally void. At each mixing stage, you "dilute" your partial knowledge some more. Now, the big difference between bitcoin and DASH on one hand, and monero on the other, is that mixing is "far and in between" with the first two (because requiring a voluntary act, and a limited set of participants. While monero does a kind of "mixing" at EVERY transaction, and selects the participants *randomly*. (strictly speaking, it isn't mixing ; but concerning the propagation of partial knowledge, the ring signature in monero and a mixer, behaves somewhat similar). Monero has one further advantage: the ambiguity of which transaction actually happened. In a mixer, all incoming coins are really spend, and appear in the outgoing channels. With monero, the incoming coins are not necessarily spend. They can appear several times, and you don't know WHICH "mixing transaction" actually propagated them. It looks like multiple spending of the same coin in monero, but only one is "real", though you don't know which one. All this means that with monero, you need much more "partial knowledge" in order to "complete the trace" than with bitcoin or DASH. But of course, from a certain amount of partial knowledge, chain analysis becomes moot: if you know already ALMOST everything, then the little it can buy you is not so important. Chain analysis is interesting when only a little bit of knowledge can learn you a lot. If I have to know 90% of Joe's transactions before the monero chain tells me the 10% that remains, that's much less interesting than when with 10% of Joe's transactions and the bitcoin block chain, I can find out the remaining 90%. Very good post |
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Thank you for that. That is a really good piece of analysis.
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Flooded? No way!
I'd like to see more ideas more experiments using blockchains, and more people doing it.
Some of the best stuff is yet to come.
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I don't own any XMR ( though I have been trading in and out of them). however, one thing has struck me recently. It's price has held up whilst most others have been falling. I think that could be telling us something important. Though I don't own any XMR I do own some Aeon, because of it's relationship to Monero. It's a long shot, and it needs a few things to happen, but it could be an interesting year for it next year. https://bitcointalk.org/index.php?topic=641696.msg16092344#msg16092344You wouldn't put the house on it but if it manages to ride on Monero's coattails you wouldn't need to. |
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I sold at 16k 11k and 8k. Price just reflect the emotion of the market after high expectation of polo adding. Also some ico investors start to sell off. So i will wait patiently for the next entry. This project still solid as hell and has the best progress compare to lisk and waves.
I will definitely agree on this observation. Calm before the storm . It is really a great opportunity to accumulate more tokens that are huge potentials in the long term perspective. I think so too. We have seen these sell off's of alt coins before and in the past it has been an opportunity to accumulate the good coins. Of course that doesn't mean in will happen again, but if you can find a good coin that has been sold off then I think it is a good risk/reward strategy. |
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Nice blog you have. I agree with everything you wrote there Zcoin does look cheap compared to other anon coins and the devs look competent. But there is one huge problem I see. Zeroknowledge coins require a "trusted set up". We need to be absolutely sure we can trust whoever set it up. But the developers wont even tell us the truth about the "bounties" |
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Is the 20% dev tax activated now? yes Are the addresses where those funds go public (without looking into the source code)? Devs hodling or dumping with miners?
I don't know, but something very suspicious occurred early on. Some coins were claimed to have been paid out as bounties but the developers refused to disclose how many coins were paid out. Draw your own conclusions.. I think that is why this coin will die. For the next 4 years the developers will pull out 20% of all mining. But they admitted that they covered up the truth about the "bounties". So this will always taint the coin. And in the next 4 years a better zero knowledge coin will arise no doubt. One where the developers don't hide what happened with so many coins |
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Get out now while you can this is going back to 2000 and below the next week. The pump to 15000 has already been done and it is getting dumped day by day. Better minimalize your losses before you lose all.
Nah...I've been buying back some Stratis I sold higher up. Doesn't mean I will get it perfectly right, but that is what I am doing |
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Looking to purchase a significant quantity of Aeon. Please PM me if you are interested in selling an amount over 10000. Escrow will be used.
I would like to buy a quantity over 10000 too. PM Me |
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Is SIA good for anything other than decentralised storage. I seem to recall the devs were quite competent, and not into hype. But I haven't looked at it for a while
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Monero (a rudimentary cryptocurrency) is officially dead, why you may ask?
Can you tell me what other coins are "dead". So I can buy them. On May 19 XMR was .0029 now it's .0106 |
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STRAT DUMP in 5,4,3,2,1.
No way,  7k is tye floor, you had better buy now, remember last diamond floor? Strat was fluctuated from 3-6k for 1 month, and then boosted. No way man. Once btc flys and she's rigth about to its going to demolish all the alts, we gonna see red liek we never saw before. Trust me. Orders in the 5k are good for now and maybe even 4k depending on how high btc flys. You must wanna buy cheap stratis, so no fud ia good for this coin, don't try to manipulate the market. Don't harm the market if you are a stratis believer. Listen dude. I dont care if I buy at 5k or never again. Obviously you do care, a lot, or you would not be posting here. The more you post, the more you tell us that you care. There are loads of people who really don't care. They don't post here |
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7200 new coins every day for the next 4 years.
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If de selby didn't see value in this, he woudn't have been here in the first place  True. He even said some positive things about Stratis. I don't think his selling was personal in any way. He had a plan and he followed it. No he was actually quite negative about Stratis - but that's his opinion. Yes he has his own decision to sell and make profit - good for him. Just don't get preaching to others that this is a crap project trying to incite a dump. You might be right. He did say here that he wouldn't mind buying back in... https://bitcointalk.org/index.php?topic=1512202.msg17007983#msg17007983So I guess it would help him do that if the price was lower so that he could buy cheaper. Either way I don't think it matters. There are so few really good coins and this could be one |
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