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481  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 03, 2014, 12:26:42 AM

But you do not want to be convinced. Your post history suggests you are trying to bring DRK up while trying to put CLK down. I still don't understand what you are doing here? Why are you wasting life in a forum thread of a coin you have done nothing but put down? Life is too short man =\

The same reason you're here, to make money and hopefully not lose any.

Being critical and skeptical is "not putting things down". I surely hope you don't actually believe that.

Are you saying you are able to persuaded by evidence and upon receiving that evidence you will cease your attacks on Cloak? 

When the market is persuaded I will buy in as well. I have already stated that. Please don't conflate these words.

skep·ti·cal
ˈskeptikəl/
adjective
adjective: sceptical; adjective: skeptical

    1.
    not easily convinced; having doubts or reservations.

at·tack
əˈtak/
verb
verb: attack; 3rd person present: attacks; past tense: attacked; past participle: attacked; gerund or present participle: attacking

    1.
    take aggressive action against (a place or enemy forces) with weapons or armed force, typically in a battle or war.
482  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 03, 2014, 12:24:11 AM

Just want to note that was not supposed to be posted here, as its a 'highly simplified' unofficial explanation of how the system works for people just getting in.  The white-paper will better explain it once final draft of that is ready.

This sounds a lot like the darksend+ currently being implemented on test net. Making pools of shuffled coins, at random time intervals.

Shuffling/random time intervals are optional features.

Yes I understood that. I only quickly read the chat log but...

"Does Bob need to “cloak” his money in advance?
 
Yes, Bob will need to start this process before he can truly send money anonymously, so he will need to decide beforehand how much of his money he wants to be “cloaked.”
To make things even better for Bob, the PoSA system has some settings allowing Bob to decide to what degree his money is “cloaked.”
Bob can decide on the total amount of “cloaked” coins he wishes to generate, the time delay between the “cloaking” of the coins (even random times if Bob wishes), the rate of coins that will be “cloaked” each time (ex.: 10 at a time), and even a special optional setting that “shuffles” the “cloaked” coins around to the other PoSA wallets Bob possesses."

This cloaking process is very similar to the function of the auto denomination function of the masternodes in darksend being tested currently. The difference being the shuffling is done locally, vs via a chain of nodes.

Unless I misunderstand it.
483  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 03, 2014, 12:14:24 AM

But you do not want to be convinced. Your post history suggests you are trying to bring DRK up while trying to put CLK down. I still don't understand what you are doing here? Why are you wasting life in a forum thread of a coin you have done nothing but put down? Life is too short man =\

The same reason you're here, to make money and hopefully not lose any.

Being critical and skeptical is "not putting things down". I surely hope you don't actually believe that.
484  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 03, 2014, 12:12:57 AM

Just want to note that was not supposed to be posted here, as its a 'highly simplified' unofficial explanation of how the system works for people just getting in.  The white-paper will better explain it once final draft of that is ready.

This sounds a lot like the darksend+ currently being implemented on test net. Making pools of shuffled coins, at random time intervals.
485  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 03, 2014, 12:03:41 AM
PoSA Rough Draft Cloak 2.1

http://pastebin.com/ArJNmHEq

Show me math and code.
486  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 02, 2014, 11:57:39 PM

This is not a troll, but some data for the irrational exuberance in here.

A prudent investor would wait for a full reversal signal, like bitcoin, like darkcoin. Look at these charts and tell me why its different this time. Remember, even bitcoin is not "a new paradigm", yet. And before you tell me this is just the first sell off, are you willing to handle a 50% loss, hoping for the next run up, months from now?


Does not compute. While the grphs look similar, they tell a different story if you were to use exponentials. Basically comparing a huge 10x increase in drk and btc to cloak's much smaller run-up is not prudent. Looking back, both btc and drk ran up so much they were essentially huge bubbles. In my estimation, cloak has no where near the bubble formation that drk or btc has had that led to both suffering through a significant sell-off.

Logarithmic shows the same thing, cloak 250% increase from steady state to peak, Drk, 280%, estimated from when I noticed the take off at 0.009 to peak.
The bitcoin bubble is a larger gain, granted, but I purposely used linear charts, as most people don't understand exponential growth, this is evidenced by the constant posting of the bubble chart which I cited.

Cloak is following in a logarithmic upward channel, but since it's life span is small and there are less repeatable points for a trend line, I would place less confidence in it that than say bitcoins similar upward channel.

These small markets are controlled by traders, and most don't care if something looks promising, they want bitcoin.
487  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 02, 2014, 08:58:14 PM
This is not a troll, but some data for the irrational exuberance in here.

A prudent investor would wait for a full reversal signal, like bitcoin, like darkcoin. Look at these charts and tell me why its different this time. Remember, even bitcoin is not "a new paradigm", yet. And before you tell me this is just the first sell off, are you willing to handle a 50% loss, hoping for the next run up, months from now?

488  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 02:35:55 AM
smokim87, I have work to finish. I appreciate your civil tone and look forward to future progress, of which I'm sure we will both have an opinion.   Cheesy
Cheers.
489  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 02:29:43 AM
Quote

Well, if that is the case, then you should have no problem understanding POSA and just because you have not been able to test it yourself yet it may still work...

I agree 100%

So have you made the same case against Dark?  Xcoin?

In regard to anonymous...

You may have missed my earlier post. I have 10% of my holdings in drk, 75% bitcoin. I am not convinced. I am waiting for the Atlas audit, then I will increase accordingly. I concede I will miss out on the initial movement, but I prefer that approach. I would rather gain nothing than lose everything, personal philosophy.
490  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 02:26:23 AM

The main problem with trolls and skeptics is no matter how much information you provide, they will still come back with another argument. By the time they figure it out the ship has already set sail.


Generations of skeptics lead to the device you are using to communicate with me, faith did not.
491  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 02:17:59 AM
Quote

Well, if that is the case, then you should have no problem understanding POSA and just because you have not been able to test it yourself yet it may still work...

I agree 100%
492  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 02:12:41 AM
I give you a hint.... its Joe

No what is shows is that who ever drew it has never taken a single course in algorithm design, or even process management. To the university grads here, did you ever see something like this in CompSci 101?

thats like moaning against somebody about his bad english.... even if you did understand everything. Yep you are right this can be done better.... but point is i do understand what the chart wants to tell so its not a bad chart.

You make a great point, "Yep you are right this can be done better....", but we are lead to believe
Quote

PoSA is entirely trustless and solves the Byzantine Generals problem.

From people who cant design a proper flow chart?


Sorry I really thought you were serious about discussing cloak. You look at the chart and have no idea whats going on, have you tried analyzing it at least? Ask questions to things you didn't understand? No you didn't, your one of the guys I like to call a smart troll. Trolling without the use of scam, shit...etc

Don't worry that diagram is being redrawn in a coloring book with crayons for you to understand.

If you read my earlier post, I said I did understand the chart. You again with the insults, we were doing so well.

Think about how much sense this makes. We are lead to believe there is a revolutionary solution from people who show they haven't grasped fundamentals.

No insults, I thought you were actually interested but your not. Feels like I am chasing a shadow talking to you. Like I said if you have difficulties trying to understand the chart, ask questions or join the IRC the devs are currently open to a Q&A.

Now what's your excuse? You sound like a smart guy but saying you don't understand anything from the chart and refusing to ask questions proves otherwise.

You misunderstand me. I didn't say I don't understand the chart, it is not complicated. I am discussing the implementation of the concept.
493  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 02:09:10 AM
Can you pull a week without sleep, care for a family, develop unique systems in crypto.... and produce a perfect chart just to silence idiots like you who simply waste the air we breathe? I say the effort was bloody good and can be touched up later

Think about this, do you lose a skill when tired or stressed out. Consider, for example, a welder. His work may be slower, and might not be as precise, but it would not look as if he had never welded in his life.

Even a stressed out, overtired, person experienced in process design would not suddenly forget such basics as diamonds for decisions.

Do you forget how to drive when you are tired?

No but I did fall asleep at the wheel and nearly kill myself

You just argued my point, thank you.

"and might not be as precise"
494  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 02:08:02 AM
Trying to answer nsimmons is like this:

Nuclear fusion happens in the sun everyday.  As of this moment in time we can't replicate nuclear fusion.  He wants you to prove that it happens.  You could throw him 1,000 diagrams explaining how it happens and show what you call evidence, but because you can't replicate it, it really doesn't happen.

Pointless convo...  Onto the next.

Nice try, there's these things call neutrons, you know, the by product of hydrogen fusion..

Yes, but are they really, really proof of hydrogen fusion? How do you know? Have you ever been able to replicate that process?

However, with POSA, the proof is the delivery of the coins without the possibility to trace where they came from...


Yes fusion is well documented and repeatable.
http://en.wikipedia.org/wiki/Fusor

More recently, with a net gain in energy.
http://www.nature.com/news/laser-fusion-experiment-extracts-net-energy-from-fuel-1.14710

And yes I have worked with a farsworth style fusor.
495  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 02:01:48 AM
I give you a hint.... its Joe

No what is shows is that who ever drew it has never taken a single course in algorithm design, or even process management. To the university grads here, did you ever see something like this in CompSci 101?

thats like moaning against somebody about his bad english.... even if you did understand everything. Yep you are right this can be done better.... but point is i do understand what the chart wants to tell so its not a bad chart.

You make a great point, "Yep you are right this can be done better....", but we are lead to believe
Quote

PoSA is entirely trustless and solves the Byzantine Generals problem.

From people who cant design a proper flow chart?


Sorry I really thought you were serious about discussing cloak. You look at the chart and have no idea whats going on, have you tried analyzing it at least? Ask questions to things you didn't understand? No you didn't, your one of the guys I like to call a smart troll. Trolling without the use of scam, shit...etc

Don't worry that diagram is being redrawn in a coloring book with crayons for you to understand.

If you read my earlier post, I said I did understand the chart. You again with the insults, we were doing so well.

Think about how much sense this makes. We are lead to believe there is a revolutionary solution from people who show they haven't grasped fundamentals.
496  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 01:58:19 AM
Can you pull a week without sleep, care for a family, develop unique systems in crypto.... and produce a perfect chart just to silence idiots like you who simply waste the air we breathe? I say the effort was bloody good and can be touched up later

Think about this, do you lose a skill when tired or stressed out. Consider, for example, a welder. His work may be slower, and might not be as precise, but it would not look as if he had never welded in his life.

Even a stressed out, overtired, person experienced in process design would not suddenly forget such basics as diamonds for decisions.

Do you forget how to drive when you are tired?
497  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 01:42:45 AM
GUYS stop discussing trolls, we have new announcements, discuss that.....
+1mil
498  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 01:38:12 AM
Trying to answer nsimmons is like this:

Nuclear fusion happens in the sun everyday.  As of this moment in time we can't replicate nuclear fusion.  He wants you to prove that it happens.  You could throw him 1,000 diagrams explaining how it happens and show what you call evidence, but because you can't replicate it, it really doesn't happen.

Pointless convo...  Onto the next.

Nice try, there's these things call neutrons, you know, the by product of hydrogen fusion..
499  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 01:36:14 AM
I give you a hint.... its Joe

No what is shows is that who ever drew it has never taken a single course in algorithm design, or even process management. To the university grads here, did you ever see something like this in CompSci 101?

thats like moaning against somebody about his bad english.... even if you did understand everything. Yep you are right this can be done better.... but point is i do understand what the chart wants to tell so its not a bad chart.

You make a great point, "Yep you are right this can be done better....", but we are lead to believe
Quote

PoSA is entirely trustless and solves the Byzantine Generals problem.

From people who cant design a proper flow chart?
500  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 01, 2014, 01:32:25 AM
I give you a hint.... its Joe

No what is shows is that who ever drew it has never taken a single course in algorithm design, or even process management. To the university grads here, did you ever see something like this in CompSci 101?
You don't matter, bye

Quick silence the dissenter!
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