Bitcoin Forum
September 14, 2024, 09:34:06 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 [284] 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 ... 391 »
5661  Alternate cryptocurrencies / Altcoin Discussion / Re: Double spend with zero confirmations has been solved. on: August 14, 2015, 01:12:06 PM
It a brave new world in crypto when a developer can post a white paper, and open source code, a attest net that no one can attack and still they apparently need to defend themselves......guess what they don't...don't like the coin don't buy it.

Sucks doesn't it when you can't peddle shitcoins any more.

I better not continue posting in the altcoin forums, because then n00bs might actually start investing in the few innovative coins that actually prove their claims beyond any reasonable doubt.

You still don't seem to understand that perhaps the people capable of attacking it won't do it until there is enough value to extract out of attacking it. I already explained several times that $2100 in VNL is not a bounty because after one successfully attacks it, the VNL will very likely decline in value before the person gets paid the bounty and can convert it to BTC. And it is not high enough any way. It will require some resources, time, and skills to work out and launch such an attack. Personally I am not interested.

Also I read today that John has been caught turning the mining off and on, thus the test net is not a unprotected P2P network where the adversary can apply all his potential powers.

All we asked was for him to explain how he would handle Sybil and DoS attacks and then you call us trolls for wanting to have a complete white paper and not Swiss cheese. Perhaps he can solve those issues or he can explain why he believes they are non-issues. Or perhaps he doesn't want to at this time to hide them from his competitors. But again, I don't see solutions to those issues. So I remain unconvinced.

It wasn't personal until you called me a troll.

Real scholars and devs appreciaterequire peer review.
5662  Alternate cryptocurrencies / Altcoin Discussion / Re: Double spend with zero confirmations has been solved. on: August 14, 2015, 12:58:27 PM
John Conner already gave a rebuttal to his last erroneous conclusions. Why should he keep having to deal with this troll?

Now nextgencoin will try to take advantage of your ignorance of tech.

john won't respond. period. Forget the rest of the obfuscation he appended to that.
5663  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 12:54:36 PM
There two non-anon Monero core team members, five anon.

Is fluffypony non-anon since he appears to be the most prolific dev in terms of the code?

Yes, his full name is on the web site. I'm not sure who is the most prolific, the stats can be misleading in some ways, but I'm sure he's put a lot of time, effort, and money into the project, without question.
Quote

If yes, where can I find all his public identity information, videos, photos, address, etc?

I don't know about his address, although he does have businesses whose addresses may be published (again I'm not sure), but his photos, videos, full name, location (at least country, not sure whether more than that), etc. have all definitely been posted. I think maybe pictures of his wife too, but I'm not sure about that. Same with David Latapie (except the wife).

David doesn't count as far as I am concerned.

Okay so Monero has an advantage and I urge that poster to invest in Cryptonote such a Monero because it is non-anon. Please do it  Wink

And then he will be presented with something superior with an anon dev, and he will refuse to invest. And that will be the perfect lesson for him.

Anonymity or not does seem to correlate with performance.

There are many, many examples of non-anon who have defrauded the community.

I don't know whether it correlates or not, and I doubt you do, but individual cherry picked examples do not demonstrate correlation or lack thereof.

I don't think non-examples replaced with subjective opinions demonstrate correlation or lack thereof.

Look we are not so dumb here.

We all know it is very easy to identify which projects will be successful. It has nothing to do with anonymity, although sometimes anonymity will be correlated with the signs of failure, e.g. john-conner is anonymous on VanillaCoin and he has been caught doing half-assed white papers, stealing Bitcoin code while representing it as his own original work, etc..

The easy way to identify successful projects is the quality of the technology. Even Ethereum's technology sucked that is why it was easy to see they would fail. The concept was flawed (to have every peer replicate the CPU cost of the runtimes).

I am trying to explain to this hard-headed simpleton that those coins he is so enamored with, they don't have any competitive advantage.

Copycoins are a dime a dozen.

Success will be handed to those coins with a unique technological innovation that fills a large market need. Market needs for cryptocoins have to do with virtual worlds and virtual commerce, not with retail commerce.

You can even see the female in the Digibyte promo video trying to pay for retail clothing item and she can't even figure out how to do it with her smartphone. It is cumbersome, slow, and silly. People will simply pay with cash or atm swipe card. In Hong Kong they already have the Octopus swipe card accepted every where even the McDonalds.

The big frontier is virtual commerce. There is so much virtual commerce that is locked up because we don't have permissionless microtransations.

I am about to present the solution to this. And it will be big time innovation.

So go on with this time wasting crap here, I am out of here now. Wasting time here on nonsense.
5664  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin developer anonymity on: August 14, 2015, 12:38:16 PM
Let me help you.

Let me teach you a lesson the hard way.

Anonymity or not doesn't seem to correlate with performance.

There are many, many examples of non-anon who have defrauded the community.

If someone refuses to invest in the greatest investment of a lifetime because they don't like anonymous devs, they deserve to lose.

I'm very tempted to go anonymous just so I can make those fools lose.
5665  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 12:37:42 PM
Let me help you.

Let me teach you a lesson the hard way.

Anonymity or not does seem to correlate with performance.

There are many, many examples of non-anon who have defrauded the community.

If someone refuses to invest in the greatest investment of a lifetime because they don't like anonymous devs, they deserve to lose.

I'm very tempted to go anonymous just so I can make those fools lose.
5666  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 12:33:11 PM
There two non-anon Monero core team members, five anon.

Is fluffypony non-anon since he appears to be the most prolific dev in terms of the code?

If yes, where can I find all his public identity information, videos, photos, address, etc?

I have shared my Youtube boxing videos, my address (even a photo of my current residence from the outside), and my photos.

I mentioned both citing the examples of both MtGox (non-anon, scam) and BTC-E (anon, non-scam, so far) as silly arguments.

Why silly? The individual wants to judge everything with his eyes. So I give him something he can relate to. This is the way simpletons "think" (by example and what they can relate to, not by abstract conceptualization).

It is not about the existence of examples, it is about relative risk, both actual and perceived, though in reality "actual" is unobservable so it may not matter, except as a philosophical debate now and a historical debate later.

Anonymity or not doesn't seem to correlate with performance.

There are many, many examples of non-anon who have defrauded the community.

If someone refuses to invest in the greatest investment of a lifetime because they don't like anonymous devs, they deserve to lose.

I'm very tempted to go anonymous just so I can make those fools lose.
5667  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 12:20:24 PM
MtGox

That's kind of a silly argument TPTB.

No one on either side of these debates ever claims there are no counterexamples.

Likewise someone else citing BTC-E as an example later in the thread also proves nothing.

As does whether one is anonymous or not proves nothing too.

Btw, you and the Monero devs are anonymous, and I am not.

Let's see if the law returns 100% of everyone's Mt.Gox stolen wallets (impossible since he was spending on expenses since BTC = $10).

Let's see if the Feds get caught stealing again from what they confiscated.

The world is upside down. Get used to it.
5668  Alternate cryptocurrencies / Altcoin Discussion / Re: Fractalcoin - The most important cryptocurrency innovation of 2014 on: August 14, 2015, 12:13:54 PM
Why would a double spender be restricted to only performing a double-spend when his/her transaction fees would amount to a significant increase in block reward?

You're saying they could double-spend a very small amount of coins?

Are you idiotically claiming they could not? And it doesn't need to be very small. just a few % of the entire transactions in a block, which could be quite a large amount.

Besides, the main threat from 51% attack is not double-spending (who would waste all that hashrate just to double-spend?)

So your explanation of why it's idiotic is idiotic itself.  Who would waste all that hashrate just to double-spend a very small amount of coins?

Yes it is idiotic to state that the only purpose of a 51% attack is to double-spend coins. How would someone even double-spend that?

With Bitcoin at $800,000 per block now, so how easily are you going to be able to get away with double-spending even 1% of that? Who is going to be dumb enough to accept an $8000 1-conf transaction? So you need to split into say 100 x $80 transactions. Not worth it!

but rather it is the threat of government regulation via censorship of transactions that don't comply. Slingshot doesn't address this case at all.

Because it's idiotic.  Transactions that don't comply with what?  The transaction fee?  And they're going to censor them how?  By making you wait to get into the next block?

KYC fool. The big red, white, and blue Patriot Act dick rammed up in your ignorant asshole and you don't even know it yet.

Piss off ignoramus.
5669  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin developer anonymity on: August 14, 2015, 12:05:18 PM
Mt. Gox had retail offices. Everybody knew his name. They even confronted him in front of his offices, all to no avail.




MtGox

That's kind of a silly argument TPTB.

No one on either side of these debates ever claims there are no counterexamples.

Likewise someone else citing BTC-E as an example later in the thread also proves nothing.

As does whether one is anonymous or not proves nothing too.

Btw, you and the Monero devs are anonymous, and I am not.

Let's see if the law returns 100% of everyone's Mt.Gox stolen wallets (impossible since he was spending on expenses since BTC = $10).

Let's see if the Feds get caught stealing again from what they confiscated.

The world is upside down. Get used to it.
5670  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 12:03:40 PM
Mt. Gox had retail offices. Everybody knew his name. They even confronted him in front of his offices, all to no avail.

5671  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 11:50:01 AM
I really think you should have a good look at Startcoin, Digibyte and Guldencoin and ask yourself why these coins achieve the things they have achieved and are still developing in such a quick pace.

I stand by my assessment. Copycoins that will die. I can 99% guarantee it.

There will only be a few coins that survive and they will have to be very unique, meaning technology the other coins don't do.

As for the anonymity of the devs, well I am not anonymous. Everybody knows I am Shelby Moore. And I even gave my prior business address above.
5672  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 11:33:17 AM
Two clarifications to my prior two posts.

1. For Transfer, my opinion is that adding I2P or Tor creates a false sense of security if the activities you are hiding including anything that is of interest to authorities (tax, criminal, civil law, regulatory law, national security, etc).


2. For Digibyte, what I am trying to to convey he may do himself a disservice by judging everything according to old world norms:

  • retail use
  • visible offices
  • visible devs

In my opinion, those attributes are antiquated and irrelevant now. And he will likely miss out on the huge gains in cryptoland due to his myopia. I feel strongly enough about this to stand my ground on my opinion. Again I respect his right to disagree.

Although he has a right to his emotional or historical attachment to the brick&mortar economy, I (as AnonyMint and other usernames) have for the past 3 years been writing about the end of the industrial age and the fledgling Knowledge Age.

In the 1980s, I had such a small startup company with physical office, Neocept Inc., 547 Constitution Ave Unit A, Camarillo, California, USA.. And we produced physical packaging for our software and shipped it via UPS every day. I had a warehouse in the back and offices in the front.

But that changed ever since the internet. I did CoolPage.com (a $million business from 1998 to 2006) all myself working from a Nipa Hut in the Philippines.

I think some people are stuck in a timewarp. It is like I am 20 years ahead of them.

Regarding Digibyte's Chinese programmers, I tried to hire a Chinese cryptographer from Hong Kong and he demanded too high of a price considering his very terse communications. I ended up instead with a PhD in Math from the USA for the same cost. He didn't understand the concept of working virtually and taking some coins as compensation as a motivation for good performance. The Chinese have not yet made the transition from the tangible economy. They are learning but are behind in some respects especially in entrepreneurial software development.

When I worked at Fractal Design Corp from 1993 & 1995 (on what is now Corel Painter...the software that shipped in a paint can), we did hire a Chinese programmer (grew up in the USA) and she was able to become productive quite rapidly (but not as rapidly as myself, when I fixed the printer driver code on my first day of employment). I was teaching her how to hunt down bugs in complex code, and she went on to become the most prolific bug fixer after I left. But I doubt very much she would have invented new technology or gone off on her own to do an entrepreneurial high risk creative endeavor.
5673  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 11:13:22 AM
Who are you any way?

See the point is that who we are, is much less valuable (to the community or investors) than what we accomplish.

That you don't know the accomplishments of jl777 is instructive.
5674  Alternate cryptocurrencies / Altcoin Discussion / Re: XMR/AEON Developer Smooth Investigation on: August 14, 2015, 10:50:11 AM
Don't forget that smooth got the 2.5% when people donated it, it wasn't an instamine.
Small difficulty is instamining.
Get it?

And that (the instamining) happens with every coin. And it was donated.

Yes it was donated because it was (nearly) freely given away to the person who donated it. No distinction.

Well sort of any way... I don't want to pick on smooth. Perfectly okay for me if he has 2.5% of AEON.
5675  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 10:39:09 AM
:)Startcoin 50% premine wich is being used to to promote StartJoin, funding projects and rewarding users on the platform. Everything can be followed on the blockchain

 :)Guldencoin seriously? Just check the timeline dude buying gold, silver, food, clothes etc etc.

 :)Digibyte well the devs of Digibyte are known and it is seen they are developing. Buy food and clothes with digibyte, just saying/

Let me get this straight you want to have a coin like NXT that has no use in real life?

Well getting some point-of-sale use perhaps seems impressive to you (not to me), but in my opinion that isn't really what is driving crypto-currency (not very convenient or advantageous for that application). I already stated upthread "anonymity, decentralization, ease of access" are my opinion of what is driving cryptoland.

I respect your right to disagree.

Just because you can't see me programming in my bedroom with nearly no cost overhead, doesn't mean I am not more productive than all those Chinese programmers combined.  Wink  Tongue

I wasn't arguing for Nxt. I responded upthread stating that I know jl777 is still coding every day.
5676  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 10:36:05 AM
But now. I would like to buy Transfer (TX) .

My reaction...

1.
Ful automated TOR client in wallet.

3.
Masternodes

I explained those two as not being desireable features yesterday in my posts:

Well it is pointless (for Shadow and Monero) if it is based on I2P because I2P is no protection against the NSA. It has worse flaws than Tor. And when the NSA decides it is time to bust up I2P hidden services, they can easily do it.

There is a fundamental flaw in the way these anonymity networks publish the route to the hidden service. Await a future white paper for details and a proposed solution.

Edit: I just read at Shadow's Market place FAQ that it will reply on Tor or I2P. So the claim of it being anonymous (against the NSA) is bullshit.

I started discussing I2P on page 21 and the discussion continued until at least page 24 of the thread:

https://bitcointalk.org/index.php?topic=1049048.msg11842826#msg11842826

Re: the masternode discussion on page 6 of this thread, the fundamental problem with masternodes is they are not dumb intermediaries (i.e. as in the end-to-end principle that guides the design of internet protocols) and thus they can violate expected behavior. And example is their use in 0-conf transactions:

https://www.scribd.com/fullscreen/241012134

http://vanillacoin.net/papers/zerotime.pdf

Quote from: john-conner
While we appreciate the
InstantX[3] technology it suffers several major weaknesses in that it is a
centralized 3rd party approach vulnerable to collusion attacks, uses a 1st
generation approach to P2P network routing that yields both a limited horizon and
overall limited scalability

I have been designing a 0-conf, fully scalable consensus network that doesn't have the flaws of VNL's zerotime nor the masternode problem. One of the key epiphanies was making nodes dumb intermediaries where it is impossible for them to cheat.
5677  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 10:16:23 AM
I believe Orbitcoin (ORB) the future space reserve currency

Of course you do...

It works a little like a Pyramid scheme, yet one that can never fail or be a scam because you alone control your funds, and it works on a totally decentralised open source peer to peer system.

This is simple maths but effective, so after you get your coins tell ten friends to do the same and you can all retire early together.


...preying on retirees who have a fixed (and declining) income is so very ethical.
5678  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 10:09:35 AM
Guldencoin

Afaics, this coin's only claimed new feature is "Delta" a claimed faster difficulty adjustment:

https://docs.guldencoin.com/coin/specifications/

Oh Whoopie Doo! I almost wet my pants.

Copycoin.
5679  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest in for 2016 and WHY on: August 14, 2015, 10:03:22 AM
Startcoin.

In their own words...

StartCOIN has been 50% pre-mined
5680  Economy / Economics / Re: Economic Totalitarianism on: August 14, 2015, 09:56:21 AM
FYI regarding solutions for totalitarianism, here is what $250,000 in investment could buy you (note nothing in terms of advance for anonymity mentioned):

Digibyte

Has $250,000 investment and is spending it on Chinese programmers in Hong Kong:

https://www.youtube.com/watch?v=JRull_S1RW0 (see them in the office)

http://www.digibyte.co/content/digibyte-faqs

Quote
1st coin to fork to multi-algorithm mining (Most fair distribution).
With 5 unique algos & independent difficulties a 51% attack is significantly mitigated and becomes much harder to carry out.
1st coin to develop & implement DigiShield (asymmetrical difficulty adjustment).
30 second blocks are better for merchants transactions.
Professional & dedicated development team since launch on Jan. 10th 2014.
Strategic long term road-map & vision alongside pending global corporate partnerships.
1:1000 ratio with Bitcoin, better for micro transactions.

No white paper can be found.

It claims 1 - 3 second network propagation which is no big deal. 0-conf security is not improved which is the only reason you use 1 - 3 second propagation.

30 second blocks have a much increased orphan rate and this will likely cause problems. Orphaned chains can cause a 0-conf retail transaction to be revoked thus merchant loses the money.

5 hash algos for mining doesn't make a coin more resistant against 51% attack. That has been refuted extensively.

The rest of what they claim is also just marketing bullshit.

In short, another Copycoin with marketing fluff on top. Do you n00bs need a cherry and candles on top to convince you to lose your money?
Pages: « 1 ... 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 [284] 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 ... 391 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!