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401  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: March 01, 2017, 12:45:24 PM
Pay up and perform your attack on Byteball or shut up. Put your money where your mouth is.
diarrea from iota mouth
Got no spare money IOTA devlopr to show how Byteball does not scale? Not even a tiny $1000? You mean you cant actually increase the Byteball database size to unscaleable levels with the money you made from hustling shittokens? How poor. Weak.

402  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: March 01, 2017, 11:54:06 AM
...shit from afraid IOTA developer in the Byteball thread...who seems to know more about Byteball than about IOTA...
Pay up and perform your attack on Byteball or shut up. Put your money where your mouth is.
403  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: March 01, 2017, 10:46:55 AM
Byteball database does grow fast, it can compress well, there can be other implementations to make it even smaller.

Text is compressed much better than JPG photos. And you can't compress below some threshold if you use lossless compression. Maybe read basics of https://en.wikipedia.org/wiki/Information_theory before posting misleading "information"?
Fuck off IOTA-developer, people can today gzip -9 compress the 1.2GB database to 358MB.

Not to mention, a hub or witness today is hardly putting on any CPU load, so it is even possible to keep the database in memory, compress-decompress on-demand, yet retain same throughput.

Just fuck off IOTA-scammer.
404  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: March 01, 2017, 09:29:24 AM
Is DAG somehow limited in size, or someone can make billions of transactions and bloat it?
Please read the OP:
The fees paid for storing one’s transactions (or any other data) in the Byteball database are equal to the size of the data being stored.  If the size of your transaction data is 500 bytes, you pay exactly 500 bytes (the native currency of Byteball) in fees.

So what? With a fee of 50$ someone can make DAG twice as big overnight? With a fee 500$ can make it 10 gb more? There is people who can do this just for fun. Is there some prunning mechanism what will allow to cut old transactions from database?
There isn't. I'm pointing this out for a long time but nobody is listening. Byteball has the same scalability problem like any other blockchain with adjustable blocksize limit. Database grows indefinitely and hardware and bandwith are the limiting factors. Moreover if somebody wants to attack byteball by sending huge data to the database it''s pretty easy and cheap at the current price. 8 years old Bitcoin blockchain nears 100 GB and you can make byteball database that big in 1 day for just $6700.

we definitely need an explanation from dev about it.
I dont think the problem exists today, of too fast growth too big load on nodes, hence low priority task. 100GB for bitcoin database is small anyway, compare with how much storage a random bank requires to run its business? Byteball database does grow fast, it can compress well, there can be other implementations to make it even smaller.

It is true the price to add shit to the database to make it grow even more is small compared to how much load/wasted-space it will cause on hubs and full wallets today, but the price is expected to rise and make such attacks more costly. I guess, even today the price is 6700 but still those 6700 are more worth for something else than to attack Byteball.

405  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 28, 2017, 09:22:13 PM
It's so cute when useless people try to criticize. It's like pro lifers who are against universal healthcare. It's cute.
Nobody expects any better of you than pathetic attempts at belittlement.
406  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 28, 2017, 07:47:22 PM
Yeah see you in 6 months when IOTA is still shit and has even more bigger promises for you.

I was promised big companies adopting iota and real world use cases , so far I am pretty happy
Some promises will be fulfilled, such as generating even more hype and partnerships, just without the real world economy part.

Tell me again how Iota developers and foundation intends to make money? Consulting and support?

Its easier to scam cryptonerds, promise them big words big deals, the cryptonerds then give you bitcoins in return for worthless tokens.

Then you show this "economy" to willing enterprise clerks and sign more partnerships and deals, get venture capital. Marvelous scheme actually.

Maybe that is why they are so hostile to other tech equally suitable for same purpose and possibility to milk "altcoin investors" enterprises and vc? While you sit back and "develop" libraries and interfaces for nonexistent peer-to-peer network, ontop of a retarded idwa.
407  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 10:04:25 PM
Yeah see you in 6 months when IOTA is still shit and has even more bigger promises for you.
408  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 08:50:47 PM
Could you elaborate?
I already did, you're getting tiresome.
409  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 08:50:07 PM
PoW and IoT is oxymoron

Is micro transactions and transactions fees also an oxymoron?
No offense, but for someone out there all your personal transactions in your entire life are considered micro-transactions.

Are you saying that PoW is a kind of fee? So that IOTA can claim to be "zero-fee" but the fee is actually hidden in performing the PoW or integrating Jinn chip on the microcontroller?

Id say there is no "zero-fee" transactions (but nothing wrong in aspiring for it), even without a cryptocurrency, if you send a HTTPS to request update/change your balance on some account-site, that also has the cost in using battery, CPU, networking bandwidth to send and receive the request. But if youre doing the same from a laptop the cost is almost an iota. It just depends on what you are willing to pay, and what you consider to be almost worthless for you.

Hence, a fee model based on the data amount transferred makes sense for a cryptocurrency.
410  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 08:05:12 PM
Tell me: what are the facts for your statement, that PoW isnt suitable for Sybil-prevention.
That is not my statement, you are misrepresenting what I said. PoW is useful for blockchain based approaches, PoW and IoT is oxymoron, especially so with a DAG coin.

You just have to read my posts again, and pretend that it was iotatoken or Come-from-Beyond which wrote them, just do that and its all set, its not a big task to ask, just pretend that it was an "IOTA-dude" who wrote it and not me, and read my posts. That is all.
 
411  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 06:34:06 PM
You have to fish harder.

As to yor other mention of your list of fuckups you keep of me: I dont need a list of your fuckups, one is enough; Iota. How dense do you have to be to think a design of PoW and DAG is suitable for IoT? Hahahhaha.

I knew you would again use a childish excuse to avoid answering a tech question. You just don't have enough expertise (as it was shown several times in the past).

Let's not give him more attention, we won, as always, trolls can't win.
Youre still tripped out on your own ego and working on failed idea, so you kind of lose.
412  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 06:32:25 PM
You have to fish harder.

As to yor other mention of your list of fuckups you keep of me: I dont need a list of your fuckups, one is enough; Iota. How dense do you have to be to think a design of PoW and DAG is suitable for IoT? Hahahhaha.

I knew you would again use a childish excuse to avoid answering a tech question. You just don't have enough expertise (as it was shown several times in the past).
I owe you nothing, you and any other Iota developer, have only thrown insults at me, refused to answer any question about Iota and only offered deflections and attempts at ridicule, together with censorhip. I may answer you when you unban me from all your channels and threads.

You arent worth more than the same treatment and frankly if you expected anything else is just funny.
413  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 05:58:32 PM
And specifically to Iota, PoW does not provide Sybil prevention, of course it does for bitcoin.

How does PoW provide Sybil prevention for Bitcoin?
You have to fish harder.

As to yor other mention of your list of fuckups you keep of me: I dont need a list of your fuckups, one is enough; Iota. How dense do you have to be to think a design of PoW and DAG is suitable for IoT? Hahahhaha.
414  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 05:46:41 PM
Bring me a paper that explains why PoW isnt suitable against sybil and I listen.

He said PoW isn't suitable against Sybil attacks? Haha, this is a good gem for my collection of his fuckups. If he really stated that then he stated that Bitcoin can't work!
I asked to increase your trolling, not hitchhike on misquotes and argue against a point taken out of its context. That is low effort.

PoW and IoT is oxymoron is what I have stated. And specifically to Iota, PoW does not provide Sybil prevention, of course it does for bitcoin.
415  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 04:31:27 PM

now: why does PoW NOT help against Sybil attacks, like you postulated 2 arguments before?

Because this O is smaller than o, please read the previous post again explaining the difference in power-levels of small things vs big things.

Do you see now how it's hard to explain things when you understand nothing in them?  Cheesy

PS: Keep explaining, I'm waiting for the next your fuckup.
Your trolling is low, can you step up your game? I need more motivation when programming, your posts dont rile me up anymore.

A programmer out of spite is a programmer of might.
416  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 04:22:15 PM

now: why does PoW NOT help against Sybil attacks, like you postulated 2 arguments before?

Because this O is smaller than o, please read the previous post again explaining the difference in power-levels of small things vs big things.

Im sorry, but I cant comprehend instead of you, comprehension is something you have to do.

A quick idea how to comprehend faster, if PoW was Sybil-preventing, why does IOTA still require humans to peer with each other on a slack channel?

EDIT: some more, PoW, how much work do you think a 1W device with shitty CPU+"Jinn", can do and how much work can a 1 400W device do with specialized hardware? You know the answer but dont want to see it, orders of magnitude more - which means any single ASIC or FPGA, could outrun and double-spend many IoT devices. Which means, the Work that IoT controller puts into using IOTA, is wasted energy, its an oxymoron.
417  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 04:19:08 PM
The last sentence requires that you understand relative sizes. Toddlers aquire said knowledge around age 2.
 

OK, for arguments sake: Assume that IOTA is a scam and a techonology that can never work. So just out of curiosity:

What now? What is your mission here?

Expose a scam and protect the gullible?

Save all those involved from wasting their time and money?

Make it so that all IOTA holders destroy their IOTAs and the project be shut down?

Apart from spewing destructivism hinged on buzzwords, you fail to provide the logical consequence of what you are implying. This makes you appear quite deranged and sinister.

Well, if you want to discuss me as a person you can start a thread about that.

But as you probably will not do that, as most other IOTA scammers prefer to insult and talk about persons instead of software and ideas.

As I stated previously many many times, I came with open mind both to IOTA and to Byteball. You IOTA people have something to hide and started attacking me personally and throwing insults left and right, besides not actually answering any technical questions. All reeks of scam. Now, about 1 month in, of course I am still on Byteball thread while am banned from IOTA thread. So now you are using this as a kind of attack on me personally "see fans of iota, that guy is with the *OTHER* dag-project", which is appealing to basic "us-vs-them" primitive brain of humans.

You know what my mission is? To talk, this is bitcointalk after all. Understandably, scammers/IOTA people have a problem with that - people talking and asking questions about technology.
418  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 02:51:56 PM

PoW IS against sybil. It's what gives one chain, one tx or the "healthy" majority kind of a network credibility because with the most PoW it is chosen over others. this is no guess, it's common knowledge. I mean, srsly. dont make me look for sources for basic stuff like this.

...
more ramblings without backing anything up with anything more than "because I say so and trust IOTA".
...

Really, PoW works against Sybil? How awesome, now where can I download IOTA full node software and run it and have it connect to the rest of the network? Oh right, you cant. Because pow is not protecting against sybils, and not avoiding a "clustering" of peers which then mess up your non-existent "consensus" aka monte-carlo-randomly-select-a-head algorithm so a coordinator is required.  Roll Eyes

You dont "buy 100000 chips", you make one which has such power, an ASIC, or just use an off-the-shelf FPGA and program it - it would give you enough power to block any smaller IoT devices from transacting, or double-spending them. If iota becomes worth anything more than an iota of cow dung, rest assured people will develop "100000 power chips" to attack it just like they developed bitcoin miners.

can we stop forming hot air?
back up your arguments. that's minimum scientific requirement and necessary to fuel this conversation.
google scholar, science direct, even stackoverflow could be helpful here.
Well I cant "back up my arguments", that would require that you understand that 5 is bigger than 3, and that IoT means small power constrained devices which are smaller than bigger devices. The last sentence requires that you understand relative sizes. Toddlers aquire said knowledge around age 2.

Maybe I can back it up like this, see this letter here, O, is big, now see it here, o, is small, and look now, its gonna be so miniscule you can hardly see it . magic isnt it?

Now then, let me back this one up, IoT devices are really power-constrained and energy-constrained devices, look here https://www.arduino.cc/en/Main/ArduinoBoard101 and here https://punchthrough.com/bean wow, 32Mhz, 196kib, all do you think that will need 150W of power to run or less than 2W of power to run, what is your guess? How many of those would you need in a network to outcompete a normal PC? Do you want it to be wasting your battery while it computed dumb proofs when you could instead just not waste power, and send a request over a trusted encrypted link to your cloud or whatever platform you have?

A good one https://www.crowdsupply.com/pinoccio/mesh-sensor-network
419  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 12:38:57 PM

PoW IS against sybil. It's what gives one chain, one tx or the "healthy" majority kind of a network credibility because with the most PoW it is chosen over others. this is no guess, it's common knowledge. I mean, srsly. dont make me look for sources for basic stuff like this.

...
more ramblings without backing anything up with anything more than "because I say so and trust IOTA".
...

Really, PoW works against Sybil? How awesome, now where can I download IOTA full node software and run it and have it connect to the rest of the network? Oh right, you cant. Because pow is not protecting against sybils, and not avoiding a "clustering" of peers which then mess up your non-existent "consensus" aka monte-carlo-randomly-select-a-head algorithm so a coordinator is required.  Roll Eyes

You dont "buy 100000 chips", you make one which has such power, an ASIC, or just use an off-the-shelf FPGA and program it - it would give you enough power to block any smaller IoT devices from transacting, or double-spending them. If iota becomes worth anything more than an iota of cow dung, rest assured people will develop "100000 power chips" to attack it just like they developed bitcoin miners.
420  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA - Unmoderated thread on: February 27, 2017, 09:05:50 AM

When birthcontrol fails

Im not gonna answer your posts when you begin with insults, the rest of your post is rotten trash.

Which only shows, what can be expected of a project whos leaders talk to other people like this? Smell of rotten fish.

EDIT: This is how you sound like, "Hurr durr, bro, do you even electric circuit? Transistors bro, like, be this small, resistors and shit, IoT, will solve this, computation. Hurr."
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