Bitcoin Core Developer Jeff Garzik Believes NXT is a “Scamcoin”
Around the same time that Chris Odom, the creator of Open Transactions, was dismissing the relevance of altcoins at InsideBitcoins London, Bitcoin core developer Jeff Garzik was tied up in a public spat with the NXT community. As someone who has been suspicious of projects that create their own cryptocoins for quite some time, I’m happy to see this public debate on the legitimacy of appcoinshttp://www.cryptocoinsnews.com/bitcoin-core-developer-jeff-garzik-believes-nxt-is-a-scamcoin/ Relevant, in case no one posted it yet: http://kolinevans.wordpress.com/2014/07/31/cryptocurrency-to-cryptocurrency-ipos-are-a-completely-corrupt-deception-the-simple-technical-guide/The price of NXT is in a way irrelevant, it's a token, enabling various existing and valuable crypto services on the platform. Don't get stuck on the old ideas of 'mining' and 'coins'. It's so 2013...  mining is needed to avoid counterfitting. Nope, it's just one of the methods used, an old and wasteful one, leading to centralization. There are other ways to check transactions, better ways. The entire premise behind PoS is false. PoW is used to solve the Byzantine Generals problem. The argument that checkpoints are required is false. They are a safety precaution while Bitcoin is young and vulnerable. The PoS folks go on to say that Bitcoin is centralized because a cabal of elite developers choose when to create a checkpoint. These are strawman arguments. If someone has another "consensus" technology that solves the Byzantine Generals problem using something other than PoW, then they should publish a paper. A better solution for Bitcoin would be for large mining pools to find their own checkpoints they feel would protect their blockchains. Large mining pools can form their own consensus. They can consult with whatever developers or whomever they wish. They are risking their own blockchains. There is no need for a algo that determines checkpoints or the people that do so. Bitcoin can continue to grow organically and develop until better solutions unfold that help the blockchains stay secure and reasonably efficient, while still maintaining the decentralization that solves the Byzantine Generals problem. You want to say PoS cryptocoins do not work? |
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No sign of developer, I think it is sure bet to not count on him anymore. Plan B is to use signatures to eventualy find someone who is up to the task but I will also create a thread on the matter, at Services section. Plan C is look for help at freelancer websites. On a new logo matters, let me know which one suits you the most so I can start working on a new website design. I personaly don't like logo with black plate, it was made to give you an idea of how would it all look like if someone for whatever reasons decides to use black color, just like Bitcoin logo and colors were changed many times depending on needs. Basicaly, the choices are as follows (unless someone else proposes completely different logo or color palette): 1. Red or orange for word "plus" and + 2. Small letter B the same color as word "plus" and + or same color as plate 3. Plate is white, 60% grey or green     |
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Some AVs report the current Tek Wallets has a trojan but Not All AVs report a problem with the wallet. If you want to know which ones Upload the Wallet to http://www.virscan.org/They scan it with a lot of AVs and show the results to the side. Would love to use the tek wallet , but until the av shows clean , sorry won't touch it. Running Windows. Will keep an eye on the thread for when their is a new wallet.  What wallet you think most people in TEK community are using right now? It is that same one some of you are so paranoid about, don't you think there would be at least some "my coins are stolen!" posts here if there is some malware installed? Or you think attacker would resist temptation to steal possibly 1M+ TEK or at least some other stuff from victims' computers? By far the most coin thefts so far were online service "hacks" and hacks - exchanges, web wallets and so on - but most people are still holding most if not all their coins there. Try to learn from others' mistakes while you still have some coins left. |
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All those who laughed at shibes buying in......  Such GIF, Wow! |
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Look for yourself. After that I received no response. We decided to be a post not "self-moderated", hopefully these senseless and offensive messages will not be repeated often. Zero tolerance for people like you, fuck off already. |
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I think it is very well possible. It could be an experiment that works to the new world orders advantage.
IPV6 address assigned to every person, a wallet assigned to everyone. Very easy to tie everything you do,
including your smart house into a nice tidy portfolio of who you are.
Once all money is digital, there will be no way to transact without leaving a trace. Don't count on current anon craps, none if it gonna be used - elite will kill privacy at all costs but not their own, of course. The future is pitch black - for free people. Slaves will love it, just put 10% discount on everything if paid with cryptos. All that might not be Satoshi's intention but, as many times in the past, genius innovation ended up used the wrong way. Just look at all those cocksuckers crawling cryptocoin conferences and whatnot, I think Satoshi would vomit on all that. Did you know that Satoshi quitted the moment after Gavin - current main core Bitcoin developer - told him that he accepted invitation from FBI, to talk on Bitcoin matters? |
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There is no topic, do you not understand that?
You mean, I could even ask whether the Eastern mistletoe of North America has sticky pulp inside its berries, like the European mistletoe? You definitely could do that. The problem is do you think you would get an answer? It would be very naive of me to expect that, wouldn't it? But was that a real reason of your naiveness? Hm... could it be that, sub-consciously, I was expecting an aswer to that question? Is that why you asked that exact same question in a different thread?  What different thread? |
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It seems nothing is 100 % secure online today.
Nothing will ever be 100% secure, online or offline.
...and now their website is offline.
...aaaaand it's gone.
 I'm missing Mark and MtGox dramas, sometimes.  |
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Scam, negative trust to both of you "developer" fucktards.
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Litecoin is officially dead, why you may ask?
What Litecoin used to offer:
ASIC Resistance
GPU Resistance
2.5minute blocktime
What Litecoin now offers:
2.5minute blocktime
Basically, Litecoin is worth less than Blackcoin, Netcoin, OompaLoompaCoin, heck, practically anycoin that has a faster blocktime and Any other feature... Litecoin offers absolutely nothing over what 99% of these alt coins offers, even the worst alt coin offer more innovative features than Litecoin. And to those litecoin bagholders, who say that "Litecoins age and adoption" is something it offers, that's not true..There are NO reputable stores Worldwide that accept Litecoin, not one.
Verdict: Litecoin is dead, it hasn't been updated in years, it's a practically abandoned coin. I'm gonna feel really sorry to all the litecoin bagholders that are still "HODLING" when Litecoin reaches $1, 50 cents, 10 cents etc.
Bitcoin offers nothing over all other cryptocoins so it is dead as well?  Let me invest all my wealth into latest and greatest shit pitched around here, The World will do the same! Not really. |
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Because their intention was not to deliver anything of value in the first place, it happens frequently around here lately. The next time you see coin launched by "developer" who joined this forum that same day or a week earlier you better think twice before falling for whatever stuff he is pitching. Unknowns - junior members and such - hardly ever deliver everything they promised and most of them deliver just partialy (basic wallet with some fancy graphics and similar stuff that cost under 1 BTC to create). |
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All the rest of what Peter Schiff says is good and he is warning everyone about the coming USD collapse, the real inflation not showed in official statistics, the fixing of the market by the FED, the dangers of Big Government, the hypocrite non racist organisations that are in fact racist and the never ending QE
Just like so many other salesmen, he is using the facts and plays on people sentiment to build credibility which is then used to sell stuff. It works with normal people because they are usualy extremists - one is either always right or always wrong. Once normal people - herd - label someone as "such and such" the chance to change their opinion is very slim. |
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Is it possible to switch asset from decimal places disallowed (when asset was created) to allowed at some future point in time? The same goes for amount of assets, if someone
created 1,000 units of some asset is it possible to drop that number to let's say 100 units?
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Add ability to trade without registering. It is usualy done by creating special string at the end of URL, user then just uses that URL to "login" to his account. If you add 2FA for all
important actions there is no need to worry about someone hacking user accounts.
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... and I removed Bitcoin testnet from my computer last week! What have you done, now I have to install it all over again ... will check again what is this all about in the meantime. No testnet coins? No problem. Collect a random amount of TNC from Nicolas Kuttler’s faucet. You can search for other such faucets. must be loaded with 50+ tBTC to start working, I'll send some coins there as soon as I have testnet up and running. |
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Does game rellies on some website or it could be played with standalone local software, without ever connecting to anything but Bitcoin blockchain (centralized vs decentralized)?
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On CryptoGrafitti matters, what is preventing you from adding such functionality to Bitcoin wallet itself?
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Technically speaking, 51% attacker can not prevent anything. He can not prevent me from sending transaction, finding block nor he can prevent someone from finding block and
adding my transaction in it. What 51% attacker can do is double-spend, delay transaction confirmations and cause monetary loss via orphaning blocks found by other miners but
serious damage can be done only if attacker has massive advantage over all other miners - 51% hashrate is minimum required to do some damage but not serious one. There is
very well written whitepaper on the matter, check for it around (I think it was written by Meni Rosevelt or something like that).
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Solved, addnode=IP overrides /16 block rule.
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