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Yes.
Don't forget to join the conversation at vanillacoin.net to learn more about what is going on with vanillacoin
Help us make a coin and community worth spreading.
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Don't know if it was mentioned yet, but android/ios wallets and chain blender are also being tested right now.
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Oh and another reason to choose vnl.
The 600%/year increase in value. It moves up at a snails pace in comparison to pump and dumps, but due to the constant adaptation it still outperforms other investments over the long term.
And there I go with the hype again.
Or is that FUD in crypto, I am unsure. 5k use will only make you 25k by 2017 if vnl keeps at this pace.
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So whether or not a sybil attack is possible VNL'S Zerotime transaction still allows 10's of thousands of transactions per second while still being safer than every third party transfer system in the world.... just don't use the instant transfer for money exchange... or at least wait the couple minutes for 1 confirm before handing money over for vnl to some unknown entity.
Still better than anything released to date.
I see you asked John and that was his PR reply. There is possibly a scaling issue but I would have to look again at the limited spec white paper. Afair, the transaction needs to propagate to many nodes and they have to vote on locking it. This means the scaling to high transaction volumes is going to be quite limited, especially as the network of full nodes increases in number? Don't be so tin hat. I make my own opinions,and even if it's only thousands and not tens of thousands of tps, it still out scales the current market demands by a 100x's what is necessary. Don't obfuscate the obviousness of this reality. Hehe. BTW the number of nodes needed to perform a lock is in the whitepaper, though the speed and quantity of total voted rounds that can be done by each full nodes is dependent on the resources surrounding the node in question. How many transactions can be fulfilled by 300 nodes/second when X node votes are needed for them to lock the transaction as true. I'm sure you can do the math on this. Not much more difficult than finding out your typing speed of words/minute then multiplying by the average words per thread your In. Than figuring out how much time you spend coding compared to typing/day... Sorry couldn't resist. |
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So whether or not a sybil attack is possible VNL'S Zerotime transaction still allows 10's of thousands of transactions per second while still being safer than every third party transfer system in the world.... just don't use the instant transfer for money exchange... or at least wait the couple minutes for 1 confirm before handing money over for vnl to some unknown entity.
Still better than anything released to date.
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Didn't we already discuss this? All lightning networks have a chance at a sybil attack.
In a trust less environment where the interaction is a fiat to coin transaction, ie; in an exchange, all instant transactions should only be used with the understanding of the risk involved.
I'm a Zerotime advocate, but even I agree that unless John proves that he has miraculously solved this problem Zerotime should not be used in a trust less interaction.
What Zerotime does do, is to add to the use ability of vanillacoin in human interaction.
The market also agrees with me on this, if John proves he has solved the sybil attack vector, VNL would be worth much much more than it is right now.
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how would blake be more secure than whirlpool ? mining has nothing to do with the security of this coin its just a way of distribution.
You guys think you are capable of judging John's capabilities but you don't even comprehend very basic Bitcoin 101 issues. If the mining hash function is sufficiently broken, the cracker can rewrite the entire block chain with a greater difficulty (i.e. he can produce great difficulty with very little computing hardware). If the crack is public knowledge, then the longest rule means nothing and chaos results. Chaining hashes doesn't always fix the risk, e.g. if one of the hashes in the chain has a very high level of collisions. Well, I'm 45 and feeling sorry for you cause yes I'm that kind of guy.
... But than you, again, started posting shit which points to your terminal brain illness.
Still feeling sorry for you.
I hope it's not contagious.
45/healthy and 51/chronically ill is indescribably different. 6 years ago I was still chasing girls and partying. Now I struggle with daily life. But don't feel sorry for me, I did it to myself with the life choices I made. And I am doing reasonably well with it since I discovered high dose curcumin extract. I think my problem is dysfunction in the pancreas, gall bladder, or colon (possibly cancer or auto immune disease thereabouts). Any way, I am getting some improvement, but it has taught me that life is for the moment. I don't think about living to 80. What ever I get, I will enjoy. Main thing is I've stopped thinking like I was still young and my life is ahead of me. I started to think about decline and just making the most of remaining life. I think even without illness, this is a change in mental outlook that man goes through in his 50s. Perhaps it would be different if I was totally healthy and could still compete in athletics the way I love to. For example, last month I think I tore or strained the rotator cuff in my shoulder. Always painful to move my right arm. You do realize that VNL switched to Blake after the flaw in whirlpoolX11 was found. Thanks to those that brought the X11 flaw to light. John was very straightforward when he found that the whirlpool algo was also susceptible like other x11 algos, and immediately dropped the other things he was working on to keep vnl ahead of the flaw. Thank you John-connor for keeping us ahead of the pack. |
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lol when i said multi algo i meant that atm you can mine with blake and in future it was talked whildpool could be readded as secound mining algo. In no way vnl is going x11 dumass.
Well you still didn't get the technical point, because the nonsense of x11 was it was as weak as its weakest hash in terms of security and please tell John to flush some of the cryptanalysis that has been done on Whirlpool, as it is most definitely not as secure as Blake. So now you can thank me for contributing to your coin. You're welcome. Pwn3d. Just proves that John isn't the case you think he is. There is a problem=John solves it. Quickly. Another reason to consider vnl. |
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Just ask John-connor how to do it.
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Also you are colluding with my argument by using the monero model as your retort.
Speaking of Monero, I heard Shen Noether is going to destroy VNL as soon as he's done demolishing ShadowTrash. In case you missed it we were having a good discussion in here, not the pure useless dribble that you normally bring, BUT Hooray icebreaker the king of REKT is back now it's really time to go to bed.. FLAME ON!!! |
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John doesn't need to hide it, it's all open source.
BTW I have wasted a day of my time going through the codes side by side, as I was considering investing more, obviously you haven't. It's east to see a fish in the sea if someone is pointing at it.
And OK I'll withdraw my bitcoin statement, because without its successes we wouldn't have a benchmark to measure against. But putting bytecoin in the same league as bitcoin.. come on, laughable. Monero forked off a buggy/scammy alpha piece of brilliant code.
Also you are colluding with my argument by using the monero model as your retort.
It developed way to slow, even with its many eyes.
With its hard to mine beginning through its hard to use lifetime, it has been plagued by being entirely to prerelease since it's beginning. And now as it points the finger at other crypto notes saying they are all flawed and it has the answer, it is to late.
If zcash (the reason we all started looking for anon altcoins) comes out in six months and completes what zsnarks/crypto note could not, monero is done.
Here is a thought. Could that be why all the fan boys are out promoting/fuding?
You guys want one last pump before you flood to zcash?
Sorry about the editing I'm doing all this typing on my phone.
Oh and sorry I went way off topic there.
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You basically just made my point..
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Smooth please go read through some of the thousands of other lines of code John has wrote, you will see why your last post is full crap.
No one said he can't write some code. Smooth's point is that if he is cutting corners and even trying to obscure that fact that he did, by running the plagiarized code through a reformatter, and on top of that is my point that he hasn't released detailed specifications, then it at the minimum exemplifies that he doesn't have enough resources and is attempting to hide that reality. In the worse case, it is evidence of unethical foundation. Thus when you all shrill and hype that which is not ready for prime time, and the fact that VNL is trading now even though it is not ready for prime time, then we have every right to point that out. If John had first completed all the necessary work before providing coins to trade on the market, then we'd perhaps be less inclined to doubt his ethics and scammerness. Fuck you just described every Altcoin in existence. BTC included I'm just here to add another side to the Fud. Don't call me a shill for supporting a dev that I like. I'm also not here to talk against you specifically, but more the XMR slander campaign that is running all over this forum using incomplete arguments and saying it's proof of one thing or another. Fully on topic for one sec. How about vanillacoin? Sure how about it. While some here like to use every tactic to slander projects in development, I will give you my point of view on this project. John-connor is a legit coder, he works tirelessly to roll out tech that can make a coin that works fast and efficiently, he fights hard to make sure that distribution is fair. The team of vanillacoin support is always around to help people get things running. He has delivered on his promises. VNL is not some crappie clone coin, but a forward thinking practical project that has possibly solved many of bitcoin problems. Come to vanillacoin.net or to its IRC channel to learn more (That includes you haters as well) Shameless plug for calling me a shill.. |
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What's better than sky net?
John-connor!!
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Off to bed. As always good to hear from you all, I like to argue, and you guys are always thoughtful.. well everyone except icebreaker.... don't know why I ever take him off ignore. Oh yah, his banter with spoetnik keeps me entertained...
Please refrain from using scam every second sentence, it will help me take you more seriously.
Smooth please go read through some of the thousands of other lines of code John has wrote, you will see why your last post is full crap.
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Same to you... I know you want assume that VNL doesn't do what it says, so don't buy any then. It does what I need it to.
I'm sure John will roll out the full details before full beta testing is done.
And that wasn't your original point. Your original point was to say that you proved it was flawed and a scam... I am just answerring your FUD.
Keep your comments clear and don't just throw out shit like sybil attack followed by scam accusations.
Or would you rather I just let your blatant FUD SPAM go unacknowledged.
Edit. BTW sorry I missed your last post before smooth. And no I don't have an answer to that, neither does core or anyone that I know of for that matter.
Thank you for returning to intelligent conversation.
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It's all bunch of skin-deep hype for a pump.
Still quoting things from 12 months ago. I've been watching VNL for 4 months now, and although I've seen investors hype it( myself included) I have never seen John-connor hype his own releases. Everytime he ninja launches them, followed by an evening of questions and answers in IRC. And don't go pointing hype fingers, some of us were around when Risto was on bitcointalk claiming XMR would be around parity by now. Everyone in here that has slandered John is a hype pump king. |
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The sybil attack must happen within 3 milliseconds before a lock is put in place. Even then only one of the transactions can be voted as true, and the person who has been ripped off will know it has happened. I think there may actually be a mechanism in VNL that cancels out both transactions in that case, but I would need to reread up on it to make sure. Also incentives ed full nodes protect against this further.
That being said all sidechain transactions are open to a sybil attack, but unless vnl becomes the next bitcoin, it just is not worth trying because it would be noticed to quickly. Also even if it does become the next bitcoin it would only be on exchanges where this would be a problem, and since none of us care whether we need to wait a few minutes for a confirmation when it comes to buying and selling in an exchange your blatant FUD is proven misdirection.
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When it comes to real world use Zerotime seems 1000xs safer than a zero confirm btc transfer. That is what matters, not whether it is 100% foolproof.
Now we just need generalize this to complete the circlejerk.
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The rest of what icebreaker wrote is garbage. VNL ZEROTIME transfers work very well
monsterer, Fuserleer, and I analyzed the Zerotime whitepaper in thread some months ago and pointed out it is flawed. As far as I can tell Zerotime is about 1000xs more secure than zero confirmation bitcoin transfer. And when it comes to real world use that is what matters. This is another scam coin. And the new anonymity feature is also flawed. Any speculator who buys this is contributing to the cesspool of scams in altcoins and is poisoning the well from which we all drink. .. must have got lost in the mail, please point out how it is flawed and even better road map out a point of attack. Don't be so ambiguous. All crypto is flawed when it comes to perfection whether in transfer time or anonymity. We all know it is, but can you show me how it can be done. |
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