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4221  Alternate cryptocurrencies / Altcoin Discussion / Re: Zero Knowledge Transactions on: November 12, 2015, 05:35:43 PM
A suggested improvement to the Compact Confidential Transactions which my Zero Knowledge Transactions builds on:

Denis, on quick glance this appears to be superior to the current Distribute algorithm that appears in Appendix A of your paper:

http://math.stackexchange.com/questions/1276206/method-of-generating-random-numbers-that-sum-to-100-is-this-truly-random
4222  Bitcoin / Development & Technical Discussion / Re: [Crypto] Compact Confidential Transactions for Bitcoin on: November 12, 2015, 05:32:13 PM
Denis, on quick glance this appears to be superior to the current Distribute algorithm that appears in Appendix A of your paper:

http://math.stackexchange.com/questions/1276206/method-of-generating-random-numbers-that-sum-to-100-is-this-truly-random
4223  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: November 12, 2015, 04:32:07 PM
Btw, I still prefer Netcodes (in spite of your argument against) to Netcash, but would actually choose Vibes (and VibeTube, which IMO runs off the tongue easier and has more of a ring to it than vibes.tube, which creates sibilance when I say it). I can see the appeal of not having to cover all the portmanteau permutations with Vibes.

I am generally concerned about dilution of the name by copycats:

accesscode(s)
bypass(es)
bitcode(s)
bitkey(s)
cybkey(s)
cyberkey(s)
eloode(s) (pronounced eludes)
ezcode(s)
fastcode(s)
funbit(s)
funcode(s)
funkey(s)
gocode(s)
keycode(s)
mumcodes
mumkey(s) (my gf asked "monkeys?")
mumgo(es)
netcode(s)
netgo(es)
netkey(s)
neticket(s)
netoken(s)
passcode(s)
promocode(s)


P.S. mumur might be a good name for an anonymous coin.


but would actually choose Vibes (and VibeTube, which IMO runs off the tongue easier and has more of a ring to it than vibes.tube, which creates sibilance when I say it).

I looked up sibilance in the dictionary :-)

Even if assuming services accepting viᖚes won't rebrand themselves as "Viᖚes_____", the significant downside fact (and hurdle or barrier to entry) that vibes are not now associated with the action of gaining access to some good or service is the negative trade-off to the positive aspect that we would hope viᖚes would become a social phenomenon and thus people would associate the synergy of spending and receiving viᖚes as an a nearly silent action of their normal internet activity to be a form of "global village synergy" a.k.a. "jamming together with the netizens". The upside of that trade-off is there can't be any portmanteau copycats of vibes. And the huge upside being that if it is branded as a social phenomenon, then it is very unique and concise and precise on the social synergy (i.e. it creates a new concept of money and powerful new meme)


..i think netcodes is gold..especially for the mainstream use by non techies..
..as you say, "i need 10 netcodes to remove these fucking ads"..
..
..every man and his dog knows to unlock the purchase of something he needs a code..

I think there is a superior term than netcode, which more precisely expressing an unlock key to be used in cyberspace. And the currency symbol is very precise!

"Video ads removed for ⚷326 netkeys per per video viewed"

net⚷eys

I expended $24.52 to register:

netkeys.biz
netkeys.click
netkeys.co
netkeys.me
netkeys.us


The term netkey is so short it nearly forms a word and the competitor portmanteaus seem to have less recall and association power:

bitkey   (bitten key?)
cybkey   (huh?)
cyberkey (confused with physical computerized security such as door entry magnetic swipe cards)
funkey   (potentially confused with funky)
keycode  (rarely used, mostly by programmers)
passkey  (most will instead recall passcode)
webkey   (spiderweb key? okay many will get it, but if netkeys is more popular then webkeys will be recalled as netkeys bcz net = internet)


Edit: I expended $25.97 to register:

webkeys.click
webkeys.me
webkeys.org
4224  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, or viᖚes?] Name AnonyMint's vapor coin? on: November 11, 2015, 03:26:53 PM
ibes

viᖚes

viⴆes

ᨇcash

neㄘcash



[uninformed slobbering]

There have been 109 votes so far.

The rest of your rant will be refuted with actions shortly.

How about posting from your account with a history on this site and not your newbie sockpuppet account. My reputation is on the line. Are you chickenshit.

Don't you understand nobody reads your shit?

Obviously you do not read. I hope that also means you will entirely miss the train and ignore everything I do. In short, you deserve to fail.

Nobody gives a shit about your shitcoin.

Millions of "nobodies".

These millions of people interesting in your coin where are they now? Are they right here? Take a walk and get a real job. You need it.

Obviously they can't be here, because this forum doesn't even have a million users. Duh. Dude you need some brain cells.

My point thanks. You and your "millions" of fake-friends leads me to believe you forgot your meds.

Every one of the millions will be verified, not fake.

You ass-u-me I don't have something up my sleeve. Enjoy your humiliation coming soon.
4225  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, or ✅ibes?] Name AnonyMint's vapor coin? on: November 11, 2015, 02:49:56 PM
One more idea:

uCash

There was a uKash, but it was merged into Skril.

Netcash
neㄘcasㄘ.com (or neㄘcash)
netⵛash.com

uCash
ucѧsh.com
u㉢ash.click
uꕆash.com
uca⑀h.ws
ucaᔑh.com
ucaᔕh.com
uᗧash.com
ᨇcash.com (or yoᨇ.cash)
ᕰcash.com
ʯcash.com

Vibes
vᔮe.com
viᖲe.com
viᖚe.com
viᕊe.com
viⴆe.com
viطe.click
✅ibe.click
ᨉibe.com
vⵓbe.com
vibミ.com (ミvibe.com, ≋vibe.ws, vib≋.ws)

SymbolName
neㄘcasㄘ (or neㄘcash)
u㉢ash
ᨇcash
vᔮe
viᖚe
viⴆe
✅ibe
vibミ
4226  Alternate cryptocurrencies / Altcoin Discussion / Re: [Netcash or Vibes?] Name AnonyMint's vapor coin? on: November 11, 2015, 01:59:25 PM
Coin name: Ghost.

Smallest unit: spooktoshi.

Lol. Creative.

Coin name: Vapor, Spoof, Poof, or Goxx
Smallest unit: itsgone

Coin name: Snuff
Smallest unit: upyours

Coin name: Crapola
Smallest unit: turds

Coin name: Viole(n)t
Smallest unit: huey's

Coin name: Infinitesimal, Pointed, or Pointless
Smallest unit: itsy-bitsy
4227  Alternate cryptocurrencies / Altcoin Discussion / Re: [Netcash or Vibes?] Name AnonyMint's vapor coin? on: November 11, 2015, 08:42:45 AM
I am resetting the poll one final time to see if voters like or dislike VIBES.

I am also still strongly considering using NETCASH, so if you MUCH prefer that name then vote for it in the poll.

Here is a record of the prior three votes:





The poll has been reset because we added many name choices after the start of poll. So that everyone can revote, because I think the polls don't enable voters change their vote. The prior poll results are captured in the image below.



Since those who are not interested or don't like any of the name choices had already expressed their opinion in the above image capture of the prior poll results, then the new pool does not offer these choices so we can focus on choosing a name from the available ideas.
4228  Alternate cryptocurrencies / Altcoin Discussion / Re: [Netcash or Vibes?] Name AnonyMint's vapor coin? on: November 11, 2015, 08:13:11 AM
Fabric    (the essential structure of anything, especially a society or culture.)
("the fabric of society"…could you change that to “the fabric of the internet”)

So you could then break that down to fibre’s and/or threads for the social part. For example:

“Can you send me some threads”
“No, sorry, I’ve only got a few fibres left”

Conceptually interesting, but I think we are getting too abstract and removed from what will be meaningful for users.

I see the marketing thrust as for example:

CodesTube - "youtube without annoying video ads"
Get instant free net codes for free access.

Or:
ClicksTube - "youtube without annoying video ads"
Get instant free click codes for free access.

Or:
ClicTube - "youtube without annoying video ads"
Get instant free clic(s?) for free access.

Or:
ClixTube - "youtube without annoying video ads"
Get instant free clix for free access.

NetBits**/Social Currency (ie, bits of gold?)

...

I could be way off here but if Bitcoin is really here to stay then I think bits will become something like the term email (just for talking sake). Might be weird for some now but eventually it would be common place to describe a few units of any cryptocurrency. Instead of having to remember term for each, people will use the easiest/quickest description (hope that makes sense).

BitsTube - "youtube without annoying video ads"
Get instant free netbits for free access.

Or:
Get instant free funbits for free access.

Or:
Get instant free bit codes for free access.

Or:
Get instant free bits for free access.

Or:
Get instant free bitz for free access.

Or:
Get instant free bits cash for free access.

Or:
Get instant free cool bits for free access.

Or:
Get instant free cyber bits for free access.

I (regrettably) spent $42.92 to register:

netbits.biz
netbits.cash
netbits.click
netbits.me

I spent $37.61 to register:

bitcodes.biz
bitcodes.click
bitcodes.me
bitcodes.org
bitcodes.us
bitcode.us

**Dots and dashes...could the satoshi unit be replaced by one of those?

I paid $400+ to acquire dots.com in 2014 (or was it early 2015) and then the registrar went bankrupt. I couldn't recover because I had registered anonymously.

I like it less now than I did, because it seems too abstract and lacking definitive connection to our use case for the user, e.g.:

DotsTube - "youtube without annoying video ads"
Get instant free dots for free access.

Bolt (perhaps prefixing other words in your thread)

...dashes...

Some of the word choices aren't great (imo of course). Zap, fun and cool spring to mind...when you tell kids something cool and fun...they usually think the opposite.

Yeah fads are serendipitous viral, grass roots (not top-down) creations and fade away.

But bolt, dash, and zap are associating with speed and also easing access to some good or service, e.g.:

DashTube - "youtube without annoying video ads"
Get instant free dash(es?) for free access.

Although DashTube sounds nice, 'dash' or 'dashes' (similarly as for 'dots') are too abstract and do not have any pre-existing meaning as units-of-exchange. To me, "bit codes", "click codes", "net codes", 'netbits', and 'funbits' are more readily understood as accumulated intangible items which can be exchanged. Note unlike 'codes', the word 'bits' doesn't make sense alone in this context.

Yet even with 'codes', we have the potential for confusion between "bit codes", "click codes", and "net codes" if for example there are competitors using each of the three (unless I can somehow capture all three, but note point in registering many domain names is just to have options and to make it expensive for someone to obtain a good domain for competitive names to the same concept, i.e. they could launch under *.io or *.ws, but if I own the *.net, *.biz, *.us, etc then we can capitalize in retaliation for any pure ripoff).

In trying to capture a social unit-of-value and social exchange, I had suggested 'vibe':

VibeTube - "youtube without annoying video ads"
Get instant free vibes for free access.

VibeTube sounds nice and vibes are clearly a social phenomenon, thus these are brandable over time as something accumulated and utilized in the context of social networking (implication cyberspace).

I spent $32.05 to register:

vibes.cash
vibes.click

I spent $7.76 to register the alternative concise spelling:

vibz.biz
vibz.us

The only other terms that come close to the same concept are 'aura' and 'love', neither of which seem to work as well.

Possibly moe works (which btw was my nickname when I was a child, I guess short for my last name "Moore" but it was also because of the Three Stooges). Available portmanteaus containing 'mo' and/or 'moe':

Available Domains
bitmobitmoe(bitmo.net, bitmoe.com; but bitmo.com is Bitcoin payment app)
bitsmobitsmoe(bitsmo.net, bitsmoe.com, bits.moe)
clicmoclicmoe(clicmo.net, clicmoe.com, clic.moe)
clixmoclixmoe(clixmo.net, clixmoe.com, clix.moe)
clickmoclickmoe(clickmo.net, clickmoe.com, click.moe)
digimodigimoe(digimo.net, digimoe.org)
dynamoe(dynamoe.org, dyna.moe)
getmogetmoe(getmo.org, getmoe.net; For sale getmo.net $3695; Gitmo means Guantánamo terrorist prison)
mobimomobimoe(mobimo.org, mobimoe.net)
moolamomoolamoe(moolamo.net, moolamoe.com, moola.moe)
vromovromoe(vromo.net, vromoe.com, vro.moe; For sale vromo.com)
zipmozipmoe(zipmo.net, zipmoe.com)

I sort of like digimo, but not given the sea of potential copycats.

I had already registered moola.click if we wanted to use moola (not moolamo), but nobody over here in Philippines knows what moola is and probably the same throughout Asia if not also Latin America.



The only other idea I have is:

netips

But you can see the problem with branding of 'net', 'code', 'click', or 'bits' are all the permutations:

bitcodes
bits
bitscoin
bitscash
bitz
bitzcash
clickbits
clickcodes
clickz
clickzcash
ebits
ecodes
funbits
funcodes
ibits
icodes
itsy-bits(y)
mobits
mybits
mycodes
netbits
netclicks
netcodes
netips

Thus it clear to me that we can't brand those names.


Appears that after all, my initial idea to use VIBES was the correct one:

I think I've solved the naming issue!

I added three new name choices to the poll and I really, really like it:

zing
vibe
love

I think zing it is perfect. I also offer the vibe and love choices

...

I started with 'love' because I was thinking what people really are sending on the internet is information about relative appreciation. Then I got to 'vibe' but it is more of a feeling. What I really wanted to capture is that money is a form of stored energy and also to capture the giving of love, vibes, and likes in social networking. So many crypto names have tried to capture crypto money as a concept of small bits of information (e.g. quark, bitcoin, quantum), but that is just how it is represented and doesn't capture what it really is.

I think I nailed it folks.

People want to store and communicate their value and energy.

...

This is in line with the shift in the Knowledge Age away from money has a monetary capital into a dynamic metric of social energy and enthusiasm. The capital that internet ventures value most are the social hive vibes, and not monetary capital. Monetary capital is dying with the death of large fixed capital investments for factories and physical economies-of-scale. The new economies-of-scale are in social energy.

Let's enter the Knowledge Age!

Edit: on further thought, maybe love or vibe are more unique and brandable, e.g. bing, fling, sling, etc. Certainly no one will make another coin that sounds like Love. It is the essence of value and why were are here on earth. I sort of like it more than zing. Love is more fundamental and will shock many people. Please pay me 5 loves. Filipinos will be all over that. A company would be hesistant to use the name Love, because it can't be trademarked. But for coin which no one owns, we don't want trademarks. Rather we just want spontaneous ubiquitous adoption. What could be more ubiquitous than love (perhaps the only thing more ubiquitous than money is love). And turning money into love. That is what the Knowledge Age is really about. It is about ending the concept of storing up monetary capital to take control over people, and instead positivity and appreciation of diversity and creativity.

(to all the jealous haters, I am an artist so just be prepared for shocking inspirations Tongue we can work together if you don't require control and subjugation powers...it is your choice...I will travel my path regardless)

(long since forgotten after the Friendsters, Myspaces, Facebooks, Vibers).

I know a great name when I see one and I don't vacillate. I am also an artist who demands perfection and maximum creativity in what I do. This is precisely why your culture is suffocating for me and I can't work with your culture. I am an artist.

Also it is 3 syllables with a portmanteau that can be misinterpreted in many different ways, e.g. Mo-nero, Mon-ero, Mone-ro. Facebook, Viber, and I-on are only 2 (Ion might be 1?).

It is not a horrible name. It is much more brandable than any name with ___Coin or ___Bit.

But you are going to have to teach people what it means. Monero is not high tech. No way. It sounds like some cultural heritage from Europe (such as a castle) being applied to computers doesn't make any sense. It is at best associated with fiat money and old world corruption we are trying to get rid of. It will not appeal to the youth and the people who want new, cool, tech. The youth want new stuff not the crap of their grandparents. They want swiping and vibering, not tours of museums in Old Europe.
4229  Economy / Economics / Re: Economic Totalitarianism on: November 11, 2015, 05:13:33 AM
http://www.nestmann.com/theyre-coming-for-your-cash

http://www.nestmann.com/spy-on-your-customers-or-else

http://www.nestmann.com/how-to-stay-off-the-no-fly-list

http://www.nestmann.com/how-to-protect-yourself-from-border-big-brother

Quote
After attending a conference in China, Mayor Anthony Silva returned to the US, where border officials singled him out for secondary inspection. During that inspection, they confiscated his laptop and smartphones. They demanded Silva disclose his passwords and informed him he would remain in detention until he complied. Silva also learned that he had “no right for a lawyer to be present” and that being a US citizen did not “entitle [Silva] to rights that [he] probably thought.” After revealing his passwords, Silva was allowed to proceed but without his electronic devices.

http://www.nestmann.com/the-big-biz-big-gov-world-of-donald-trump
4230  Alternate cryptocurrencies / Altcoin Discussion / Re: The altcoin topic everyone wants to sweep under the rug on: November 11, 2015, 01:28:47 AM
from the article:

A wide variety of federal agencies have taken an interest in cryptocurrency companies over the last year, with many preparing for administrative actions and even criminal charges in early 2016. These agencies have been seen cooperating on several levels. One agent with the Securities and Exchange Commission told Coin Fire that they were,

Looking at the worst offenders in cryptocurrency and would be closing in further on our unofficial “top ten” list of which Cryptsy and Project Investors will find itself to be in the Top 5.
4231  Alternate cryptocurrencies / Altcoin Discussion / Re: The altcoin topic everyone wants to sweep under the rug on: November 11, 2015, 01:00:01 AM
To put this topic to bed once and for all, the head of the SEC, Ms. Kara Stein came out today and spoke positively of "blockchain technology".   
 
http://www.coindesk.com/sec-commissioner-kara-stein-blockchain-technology/

Nothing and absolutely nothing in her statements absolves culpability under the USA Securities law and Howey test.

You seem to completely misunderstand (and conflate) that statements about the potential of technology speak to nothing about legal implications of the rollout of technologies to investors.

Again I have warned you all that virtually all of the altcoins are ILLEGAL unregistered investment securities and by trading in them, you speculators are potentially setting yourselves up to be culpable, especially those of you who have prominent roles in the community and make statements about speculation.

Proceed at your own peril. And do consult your attorney, because IANAL.
4232  Alternate cryptocurrencies / Altcoin Discussion / Re: Scorex - Ultracompact Cryptocurrency Engine for Researchers on: November 10, 2015, 02:37:17 AM
I may want to collaborate with you guys at some point. I've been coding in Scala as well. I began to port EdDSA from Java I2P. When I get some time, I will look at your Curve25519 implementation.
4233  Alternate cryptocurrencies / Altcoin Discussion / Re: [Clicash/Clic(kc)hain/Clicode/Netcode/Netcash?] Name AnonyMint's vapor coin? on: November 10, 2015, 01:25:40 AM
Clickchain (Clichain) doesn't just associate with a block chain. Rather it can convey to users that they are chaining their participation together to a create unified bond or result. My point is that 'chain' is a social term, if branded as such. Especially with 'click' prepend to 'chain'. Zapchain is a catchy name that can mean a fast social chain.

Nevertheless, I think 'chain' is a needless distraction from the main point I want to hit which is these 'netcodes' are for users to expend throughout the cyberspace to avail of features, goods, and services. Whereas 'chain' requires building some sort of sub-space on the internet that users think of holistically as attractive (which requires it have large scale before it can scale, i.e. a chicken-and-egg dilemma), 'netcodes' only requires that an individual user desire (even just) one individual service, good, or feature that accepts netcodes. Thus 'netcodes' is high degrees-of-freedom, high network effects paradigm because any PRE-EXISTING service, good, or feature can accept netcodes and any user can decide to avail of netcodes to avail of the desired service, good, or feature. Whereas, 'chain' requires creating a sub-space (chain) on the internet that users want to join.

I am nearly certain to proceed with netcodes (plural) as the name.

I agree users don't want to go acquire some BTC so they can tip other users to make better answers on Q&A sites. Duh.

The key to everything is not technology but marketing. The key is to get the coin in as many users hands as possible. If you do this, then the merchants will break down your door to get access to spending users. Why? Because for one thing there are a lot of business models that could be improved if users were verified to be humans and contributed a small micro-payments instead of having to fill out a Captcha or watch a video ad. And there are entire business models that can't even function within the current choices of:

  • Advertising funded
  • Advertising Captcha funded
  • Credit card payment

Btw, I think I will have a surprise for everyone soon (as in this month). Please keep those negative votes coming.  Wink

I am still waiting for even one of those who voted "dislike you or your style" to make a post (or private message) promising never to acquire or buy anything I create. Come on fools, man up and put your reputation on the line same as mine is, i.e. put your mouth where your foot is. Are you not sure of your convictions.  Roll Eyes

P.S. health was not so horrendous yesterday and today seems back to full facilities, at least so far this morning.

funbits

This is also good. Doesn't imply access code though. Seems to imply this currency should only be used for fun activities and not serious ones. This might turn off some merchants. I prefer to stick with the serious name 'netcodes'.

I expended $54.58 to register the following just in case:

funbits.biz
funbits.cash
funbits.co
funbits.me
funbits.org
funbits.us


Remember this. Being a marketer is much more valuable than being a programmer. It really helps when you can do both very well, because then you can take marketing concept to fruition quickly. I am here to teach this lesson here in cryptoland, because apparently many geeks here don't seem to understand this and they measure everything in terms of Lines of Code.

Hey I love to code. Don't get me wrong. But I also love more a marketing coup.

It will soon be apparent why I was willing to spend $$ to buy up the best name alternatives for this concept. This was to protect against copycats that will sprout up very quickly after they see what I am up to:

PoS can't redistribute from HODLers to users. Users drive the economy. HODLers strangle it.

However, PoW in its current incarnations can't redistribute either, due to economies-of-scale in mining such as ASICs and cheap electricity.

Not sure what you said but i think i agree.
Bottom line is a better solution for distribution is needed i think.
Especially at the start.

IPO's are scammy bs.
But mining is heavily exploited unfairly too.

THIS is the area where the majority of experimentation and research should be conducted.

Tacking a market or anon feature onto a poorly designed and launched coin is not time well spent.
4234  Alternate cryptocurrencies / Altcoin Discussion / Re: [Clicash/Clic(kc)hain/Clicode/Netcode/Netcash?] Name AnonyMint's vapor coin? on: November 09, 2015, 04:10:49 AM
I haven't studied this. Is Ethereum going the Dash masternode or Bitshares DPoS route of the rich get richer and usership disappears?

[comparing PoS designs]

PoS can't redistribute from HODLers to users. Users drive the economy. HODLers strangle it.

However, PoW in its current incarnations can't redistribute either, due to economies-of-scale in mining such as ASICs and cheap electricity.

Proof-of-share can't distribute shares of the money supply to those who do not already have some of the money supply. Proof-of-share is thus not a debasement power-law flattening (recycling) distribution compatible scheme, although neither is proof-of-work once it is dominated by ASICs. Without recycling of the power-law distribution, velocity-of-money suffers unless debt-driven booms are employed and then government becomes a political expediency to "redistribute from the rich to the poor" (which is then gamed by the rich and periodic class/world warfare). Proof-of-share suffers from conflating coin ownership with mining, thus if not all coin owners are equally incentivized to participate in mining, then the rich control the mining. A coin owner with a holding that is only worth less than his toenail, isn't going to bother with using his share to mine. Thus proof-of-share is very incompatible with the direction towards micro-transactions and micro-shares. Any attempt to correct this by weighting smaller shares more, can then be gamed by the rich who can split their shares into micro-shares. Ideally debasement should be distributed to an asset that users control but the rich can't profitably obtain.

Good point. Yeah we don't want 'cash' in the name of the juice that can drive the web. It should be something users generate for free from mining and web activity and don't even know it.

Hey! He's an artist.

What is hilarious is that so many people don't realize I am taking on Google and advertising as a model for the web. Do these dolts think users want these fucking ads on their Youtubes.

I am quite ecstatic that no one seems to grasp the "killer app" which is right under their nose and I have even explained it yesterday, but still I assume readers don't have a clue. Which is perfect. I am smirking from ear-to-ear that there are so many marketing dunces on this forum who think netcodes is a poor name. When they get their ass handed to them in the marketplace, it is going to be so sweet the taste of seeing them realize they've been PWN3D.
4235  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Casper on: November 09, 2015, 04:10:12 AM
I haven't studied this. Is Ethereum going the Dash masternode or Bitshares DPoS route of the rich get richer and usership disappears?

[comparing PoS designs]

PoS can't redistribute from HODLers to users. Users drive the economy. HODLers strangle it.

However, PoW in its current incarnations can't redistribute either, due to economies-of-scale in mining such as ASICs and cheap electricity.

Proof-of-share can't distribute shares of the money supply to those who do not already have some of the money supply. Proof-of-share is thus not a debasement power-law flattening (recycling) distribution compatible scheme, although neither is proof-of-work once it is dominated by ASICs. Without recycling of the power-law distribution, velocity-of-money suffers unless debt-driven booms are employed and then government becomes a political expediency to "redistribute from the rich to the poor" (which is then gamed by the rich and periodic class/world warfare). Proof-of-share suffers from conflating coin ownership with mining, thus if not all coin owners are equally incentivized to participate in mining, then the rich control the mining. A coin owner with a holding that is only worth less than his toenail, isn't going to bother with using his share to mine. Thus proof-of-share is very incompatible with the direction towards micro-transactions and micro-shares. Any attempt to correct this by weighting smaller shares more, can then be gamed by the rich who can split their shares into micro-shares. Ideally debasement should be distributed to an asset that users control but the rich can't profitably obtain.

Good point. Yeah we don't want 'cash' in the name of the juice that can drive the web. It should be something users generate for free from mining and web activity and don't even know it.

Hey! He's an artist.

What is hilarious is that so many people don't realize I am taking on Google and advertising as a model for the web. Do these dolts think users want these fucking ads on their Youtubes.

I am quite ecstatic that no one seems to grasp the "killer app" which is right under their nose and I have even explained it yesterday, but still I assume readers don't have a clue. Which is perfect. I am smirking from ear-to-ear that there are so many marketing dunces on this forum who think netcodes is a poor name. When they get their ass handed to them in the marketplace, it is going to be so sweet the taste of seeing them realize they've been PWN3D.
4236  Alternate cryptocurrencies / Altcoin Discussion / Re: [Clicash/Clic(kc)hain/Clicode/Netcode/Netcash?] Name AnonyMint's vapor coin? on: November 09, 2015, 03:21:34 AM
For all those up thread expressing opinion about priorities and why should I expend effort on naming now, here is a potentially $billion lesson for you.

Is it unfair that Michael Jordan earns a $100 million annually for doing nothing but smoke cigars. Or is it because he had his priorities correct and ignored the political bullshit:

http://nba.nbcsports.com/2015/11/06/kareem-abdul-jabbar-michael-jordan-took-commerce-over-conscience/

Quote from: His Airness
“Republicans buy sneakers, too,”

For $36.51, I registered the following domain names:

clickchain.biz
clickchain.click
clickchain.co
clickchain.me
clickchain.net
clickchain.us

After contemplating the currency unit then for $115.98, I registered the following domain names:

clicha.in
clichain.biz
clichain.click
clichain.co
clichain.com
clichain.me
clichain.net
clichain.org
clicode.biz
clicode.click
clicode.co
clicode.me
clicode.net
clicode.us
clicode.org

After contemplating that ClickCash is already taken by an adult affiliates network and that Netcash is probably a superior name yet lacking the unification around the "clic" prefix, as an insurance policy on future decisions I decided to spend $25.06 to register:

clic.cash

After contemplating that we might want to keep our options open to use the 'net' prefix instead, I spent $20.53 to register:

netcha.in
netchain.biz
netchain.co
netchain.us

P.S. I had a relapse of my shit health and was incapacitated for the entire day on Sunday. I believe this was due to practicing basketball intensely on Sat & Sun mornings (in hot tropical sun). Exercise seems to always increase my inflammation and destabilize my condition. However, I also ate outside over the past 2 days, and my other theory is that my illness has been exacerbated by that all prepared food in the Philippines is cooked with MSG (monosodium glutamate). I know that without sufficient glutathione, then glutamate can cause inflammation. I really need to find a lab test for an anti-oxidant panel[1] in this backass country. I've been supplementing anti-oxidants and have added vitamin A as of Sunday. I got back on my coconut milk + greens + tuna diet Sunday evening and this morning. And seems I might be back to functioning today. This was the first serious relapse in past weeks, and correlates to both first time to exercise hard and also to eat outside.

[1]http://www.nutraingredients.com/Research/Cracking-the-code-on-antioxidant-testing
http://drmyhill.co.uk/wiki/Antioxidant_status_profile
http://www.brunswicklabs.com/antioxidants
https://www.gdx.net/product/oxidative-stress-analysis-2-test-blood


Was my previous post regarding ZapChain completely irrelevent to this discussion? The concept of tipping contributors with "Bits".

ZapChain is also launching a new digital community creation tool today. Users can customize community incentives using bitcoin, meaning that micropayments can be made to those who post content, start discussions and sell products or services.

I think the name ZapChain is pretty snappy. Would it have been considered if not already used?

First let's give credit to f2000 for first raising the potential of "chain":

I was reading this thread on my mobile and misread Chan for Chain (which I love), but it seems there is already a company in the space called chain (https://chain.com/). Perhaps its where I'm from in the world, but Chan doesn't sound right (no doubt a personal thing.)

A few others to ponder over...(got more in the house will post them up tonight)

Projectname (Denominations)
Chain (Links, linx, lynx?) [Although it sounds neat, I'm not sure it adds up)

....

I assume the meaning you want to capture with Chain and Link, is that the record of the history is securely interlocked. Some other ideas are Woven, Twill. I think it doesn't add up because we want to say something unique about a block chain that Bitcoin doesn't do. I had thought of Weave for an anonymous coin, but that isn't the primary focus of my work. Besides I don't think we say 'anonymous' when we say 'cash'; rather we assume it is.

Above I was thinking about "chain" as it relates to the technicalities of a block chain, and not as its apt meaning for describing a social networking phenomenon, i.e. that the participants are chaining together for some synergy, e.g.:

If you continue to engage him in an argument, in thirty years you'll have a very productive comment chain and nothing to show for it.

As for a name incorporating "chain", the users would need to somehow relate to this name as being relevant to the activity they desire. So basically there will be some service or good the user wants to participate in and they need this "thing" to get access (or this "thing" is alternative means of access, e.g. instead of filling up an advertising captcha, etc). Thus ClickChain seems to capture the original intent I had with Clickz and is much more explicit about the social networking synergy.

So instead of naming the currency units, you name the social network phenomenon. So you want access to some service that requires micro-transactions (or puts an advertising captcha or video in your face instead) or you want to earn micro-transactions, then you need to "join the clickchain" or "get some netcodes". I am not sure which name is better. The currency denomination is 'netcodes' if we use netcodes. If we use clickchain, we'd also need a name for the currency units such as 'netcodes' (or "click codes"), "chain credits", 'clicodes', 'cliqodes', 'klicodes', 'qliqode'.

ZapChain conveys fast and perhaps some social networking chain, but fast is not the attribute of desire or need in social networking. And the 'chain' dangles there without any support, thus it isn't clear this name means a social networking chaining. Whereas, Clichain (ClickChain) is more clearly some synergistic internet chain (since 'click' has dual meanings of the action of pressing of button and synergizing socially.

I can't fathom how users will relate to ZapChain as the name of a currency. It could be a platform where users are zapping BTC for those sites which say they support ZapChain functionality, but then eventually no one needs ZapChain and they will just say "zap me some Bitcoin" (and who cares what the competing technology that is being used to accomplish it). Sounds to me that ZapChain is some attempt to brand the upcoming Lightning Networks (LN). I think Coinbase hopes to become a LN server. Appears the people who chose the name were thinking the "chain" refers to the chain of transactions that form a LN conduit between payer and payee, and the "zap" of course refers to speed. They weren't focused on the social context of the name apparently.

The necessary opcode for LN has been added to the next release of Bitcoin for early 2016:

https://bitcoinmagazine.com/articles/checklocktimeverify-or-how-a-time-lock-patch-will-boost-bitcoin-s-potential-1446658530

Appears ZapChain will offer some social networking communities and then I suppose facilitate micro-transactions denominated in BTC by using some centralized server that holds balances (or later perhaps the LN concept). The problem for their concept is similar to Voxelus, in that they are just one social networking app. They can't be an ecosystem by themselves, unless they are creating a protocol, API, and platform for other apps. So I must assume they are really hoping to become a platform business built around LN.

I foresee a disadvantage for LN because you can't just pay anyone, any time with permission-less commerce. Lightning Networks (LN) requires that participants open LN conduits on the same sub-network. Also afaics LN can't support end-to-end anonymity. LN is a corporate takeover model for Bitcoin, and so the question is will LN scale network effects as fast as a fully decentralized alternative. I am betting on "no" and thus I am proceeding with creating the fully decentralized alternative. Also I am contemplating supporting a LN technology as well, as it may have applications where it is ideally suited (but I don't think this social networking micro-TX network effects is the best suited to LN as compared to my decentralized micro-TX block chain design).

Im pretty sure Second Life Lindens and Cryptopias PED's are still in full function.

Not for much longer. Voxelus won't be the only VR app. Fungibility is important. And there is an economy-of-scale with one ecosystem in terms of building all the performance, scaling, anonymity and other features needed in a real-time, virtual currency.
Lindens aren't going anywhere anytime soon. The only people left playing Second Life are those that treat the game as their actual life.

I mean as a shrinking (relatively speaking) market towards irrelevance. Expansion of virtual currency markets will radically accelerate with network effects due to an eco-system and more degrees-of-freedom with fungibility. In other words, Lindens are beyond their half-life peak. Voxels will probably have a half-life of about 6 to 18 months.

Voxelus should be trying to make their technologies into APIs and create an ecosystem. And stay away from making a virtual currency since that isn't their area of focused expertise. Some of us have been working on crypto-currency for 3 years. They could partner with a virtual currency or better yet interopt with all virtual currencies and build an exchange into an APIs for developers.
4237  Alternate cryptocurrencies / Altcoin Discussion / Re: [Netcode/Netcash?] Name poll for AnonyMint's upcoming coin? on: November 09, 2015, 01:45:44 AM
Forget yoobit, as I said there are too many copycat permutations:

https://yobit.net/en/
4238  Alternate cryptocurrencies / Altcoin Discussion / Re: All altcoins need this formula on: November 08, 2015, 03:19:53 PM
x=k*p*y   k=1/v

x = total coins
v = coins/sec
p = average value of the transactions
y = total number of transactions
To alter blockreward amounts.

interesting no coin has tried to use # of transactions / ave value :/

is this a sited economic theory?

He is copying this from the Quantity Theory of Money (M * V = P * Q)

M = money supply
V = velocity of money
P = price
Q = quantity

But OP has an error:

x = money supply (M), i.e. the total value of all coin, not the total coins.

As for the idea of using these metrics to vary the block reward for mining, the problem is the metrics are ill defined in any economy. For example we can't measure the money supply, i.e. it isn't the market cap (because market cap is mathematical nonsense).
4239  Alternate cryptocurrencies / Altcoin Discussion / Re: Voxel, 'Official Coin of Virtual Reality ?? on: November 08, 2015, 11:19:57 AM
More gimmicks to maximize taking money from speculators:

http://www.coindesk.com/press-releases/voxel-coin-virtual-reality-bonus-rewards/
4240  Alternate cryptocurrencies / Altcoin Discussion / Re: [Netcode/Netcash?] Name poll for AnonyMint's upcoming coin? on: November 08, 2015, 01:50:25 AM
Hey! He's an artist.

What is hilarious is that so many people don't realize I am taking on Google and advertising as a model for the web. Do these dolts think users want these fucking ads on their Youtubes.
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