Zynga first approached Counterparty, but it is much too slow so that approach failed. VIA/XCH has 24 second blocks, and so is perfect for poker.
What do you mean, why would confirmation times being faster be important especially for poker? This is my question too. Let me XPOST that for you: There's a lot of discussion about how the Zynga poker application would work with VIA/XCH on this thread. I figure I can give an educated opinion on the matter. While this is my opinion, keep in mind it's very speculative as there is little information about what Zynga is doing other than a phone message screenshot and a prior post in the Counterparty thread. However, given my background, I figure my opinion could help shed some light on the matter.
First, I played poker professionally from 2001 until 2010. I had reasonable success in poker (won a WSOP bracelet, had my own character in a video game, and had a monthly column in a major poker publication). Through almost a decade of playing full time, I gained a deep understanding of the mechanics of the game, casino motivations, and gambling in general. Oddly enough, I quit playing poker professionally in 2010 to help start a social gaming company called Unveil Games (Initially funded by a handful of name poker pros). We created a game called TrafficKing where we knocked off Farmville (a Zynga game), keeping the same game mechanics but essentially reskinning it so that it would be appealing to the male demographic on Facebook. In the process, we closely studied all of Zynga's succesful games, in an effort to find the most effective viral loops. The game we created was both incredibly comical and fun to play, but unfortunately Facebook changed some of their newsfeed policies which adversely affected small developers like ourselves. We eventually shut the company down in 2012, which is around the time I found crypto.
As far as what I think Zynga's plans are, I'm suspecting that Zynga is going to be building a poker application where pot/hand settlement occurs on the VIA blockchain. Unless my understanding of crypto is flawed, Viacoin is actually the only vehicle where I can see this happening. On average online poker hands take about 1 min to play out. Having hand/pot settlement on the Bitcoin blockchain just wouldn't be feasible given Bitcoin has 10 min confirmations (which is consistent with what was said in the screenshot about "the most key aspect being speed"). VIA on the otherhand has 24 second confirmations, which could work. So a player would play out a poker hand within a Zynga client, and upon completion of the hand it is recorded on the blockchain and settlement occurs in about 24 seconds (likely before the completion of the next hand).
Also, in a post by TechGen in the Counterparty thread about a week ago, he/she mentions a big social gaming company plans to use VIA / XCH and that the company even planned to issue shares through platform as well. I personally don't see this happening or if it does it will be a long time from now given the regulatory hurdles an event like this would present the company. However what would be amazing is if Zynga managed some sort of rewards program through Zynga coins issued on Clearinghouse. It's designed for something like that, allowing easy distributions back to players that hold Zynga chips based upon the overall revenue generation of the game. Now that would be interesting.
Funny, given my background in gambling, social gaming and crypto (specifically with VIA and XCH), I should be reaching out to Zynga to try and help them in any way that I can to get this project off the ground. And if it doesn't materialize, hell, I'm thinking I should try and get a team together and build it. |
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Martinfoilhat Armwrong is getting called out and reamed on 0H for spewing idiotic anti-1st Amendment crap like "One good place to start is OUTLAW negative advertising." Martin Armstr0ng was the gopher boy for Brit Neocon Sir Alan Walters. Armstr0ng's mentor was a card carrying member of the NWO. Walters is dead now but when he was alive this is how Walters spent his time: > Monetarist econ advisor to Margaret Thatcher > Adviser to the World Bank > Vice Chairman of AIG Trading Group > American Enterprise Institute AEI, you may have heard, is the HQ for the NeoCon NWO Goat Worshipers who are responsible for damn near every bad thing happening in the world right now. Armstr0ng's writings show he is trying to keep that NWO flame alive, doing his part by highlighting one side of a manufactured conflict. A manufactured conflict brought to you by his handlers in NeoCon central - the American Enterprise Instute. They have spent years pushing their Hegelian dialectic, order out of chaos game plan. If you don't like the AEI you really won't like their scummy Atr0ngish partners over at the Husdon institute: http://www.bbc.co.uk/programmes/p0295vksArmstr0ng is one their minions. He may have arrived at this point against his will, via bribery, coercion etc, leveraging his trouble with the law. The outcome is he is a sold-out neocon pet and therefore a professional shit disturber. http://www.zerohedge.com/news/2014-10-31/martin-armstrong-what-point-does-revolution-take-place#comment-5400653Agent Anonymint, you are doing a terrible job!  |
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Personally I think this is a mistake.
Things are bad in the US and getting worse but most everywhere else is even poorer shape.
The economic system is the same or worse elsewhere and the US has the advantage of
1) Strong libertarian movement
2) Guns
3) A good constitution. Yes its not enforced but its better then nothing.
The US will be the last to suffer from the coming debt collapse and likely among the first to bounce back and recover.
don't forget 4) Hydrocarbons in the form of oil, coal, and natural gas, plus plenty of gold, silver, copper, nickel, and platinum mines 5) Farmland, fresh water, tractors, and lots of Ford pick-up trucks 6) A military with Area 51 gear that can destroy all the other ones combined 7) We own the Moon |
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Unfortunately I think you may be out of luck. The issue is that your new limit of 0 prevents you from paying the fee but a transaction fee is required to prevent the network from being spammed. I also believe that setlimit tx's can only have 1 input and 1 output so that it can be detected as a setlimit transaction. So basically I don't think there's any way it can be undone. Originally we were going to make a withdrawal limit of 0 signify an unlimited withdrawal limit but it made much more sense to do it the way we do it now. We probably shouldn't have allowed the limit to be set to 0, but it could be useful in certain situations where coins need to be destroyed without having to send them back to the coinbase account.
It's an interesting entailment that setlimit0 effectively freezer burns an address. Speaking of freezing and burning, does Cryptonite's account tree structure natively support creation of sidechains? They are all the rage in BTC circles ATM, so if XCN does already have that functionality we should be advertising the fact. |
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I do want to ask though, does this mean you're bearish on Bitcoin now?
I had to sell some, Gavin talking about a fork not an evolution, and this this is devastating IMO. Forks are the definition of evolution. Every species goes extinct. All of them. We are not the same species as our predecessors and our future progeny will not be the same species as us. Still, they trace a direct lineage. Forking the blockchain will allow a more adaptable Bitcoin that can survive the changing economic environment. Just because all the others who have tried failed, doesn't mean Gavin's version will fail. What will happen if nothing is done? Once again, cbeast demonstrates why he fails science class.  Bitcoin is not a natural creation, although we may borrow terms like niche and ecosystem from the vocabulary of biology to discuss it. Bitcoin is defined by its social contract and the terms of that social contract produce its value, while the features of the software produce its utility. Scamchains are a change to that social contract, and undermine what has thus far made Bitcoin a runaway success. Even accepting your clumsy metaphor, some species change little in millions of years (sharks, horseshoe crabs, Coelacanths). And blue-green algae is doing just fine, 3.5 billion years after its ancestors built stromatolites. Bitcoin works very well and we shouldn't try to fix it until it breaks. The proper venue for experimental variations (mutations) of Bitcoin is in the altcoin space. |
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Luke Jr. is that twat that spammed the blockchain with Catholic prayers no?
He did many many things and keeps confirming he's an asshole but the actual trigger to lose trust? Using his pool to kill and alt coin years ago without permission of the miners. If anyone in the world ever liked abusing power it's this guy right here. LukeJr is bitcoin's official stress tester. LukeJr is an eccentric fundamentalist reactionary, but that just makes me like him more. Plus he's young and very bright. At least he's upfront about his beliefs and WYSIWYG. Attacking shitcoins like Coil, Mastercoin, and Counterparty is actually pretty lulzy stuff for a fundy!  "Spam" is unsolicited commercial email, and has nothing to do with blockchain graffiti. Just because you don't like the content, the Catholic stuff isn't any different than Satoshi and other early Bitcoiners' contributions. SatoshiDice, Mastercoin, and Counterpary's ongoing unwanted parasitic blockchain pollution is much more akin to spam than the harmless early graffiti. You are probably just butthurt about the prayers because you hate Catholics.  Now that the Pope has OK'd the Big Bang and evolution, both of you may suffer a little less cognitive dissonance and calm down a bit.  |
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HUGE news on the Via/Clearinghouse front:
ePeso is in testnet, in an attempt to become the official e-currency of the Philippines!
Zynga has wisely abandoned crappy Counterpary and is building their Poker on VIA/XCH instead. They are also considering following Overstock's move to issue shares on that blockchain.
What's viacoin/clearinghouse? Give me the short rundown if you want to. Clearinghouse is a Counterparty clone, code divorced from Bitcoin and married to an altcoin (VIA). If Zynga really adopts them all VIA/XCH bag-holders are going to the moon. Why the hell would they use that? Zynga first approached Counterparty, but it is much too slow so that approach failed. VIA/XCH has 24 second blocks, and so is perfect for poker. Zynga dude is following VIA guy on Twitter, while Official Confirmation will probably take months, because Reasons and stuff. |
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Russian army the latest upgrade BTR-82A  Nice, looks very zombie-proof! Where can I buy one with Bitcoin?  |
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No company would increase staff / management pay when It is struggling with cash flow and can not deliver product to customers as they should, unless they are trying to squeeze as much money out of a business as possible before it goes bust! This is wrong in every sense and I am surprised people are not in jail already over this incompetence / theft / embezzlement call it what you may but it wasn't the ethical thing to do and I still haven't got any money back yet! Should this case really need to drag out this long!!! What the heck is going on? Beggars belief
Retaining the key person behind the company's product is a valid reason to raise their wage to the prevailing market rate. Having the CTO responsible for their only product leave for financial reasons isn't in anyone's interest. That's why the Judge let it pass. There was no "incompetence / theft / embezzlement" so do yourself a favor and free your mind of that harmful delusion. This isn't hard to understand, once you stop jerking your knee and assuming you know better than those in possession of all the facts. |
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HUGE news on the Via/Clearinghouse front:
ePeso is in testnet, in an attempt to become the official e-currency of the Philippines!
Zynga has wisely abandoned crappy Counterpary and is building their Poker on VIA/XCH instead. They are also considering following Overstock's move to issue shares on that blockchain.
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who started all the hate on NXT? whatever is going on at NXT stays at NXT as no one is trying to force you to buy NXT. so let's just leave them alone, or at least where this thread is concerned.
i am more concerned that there is a certain group pumping and dumping VIA. this last run up looks to be following the pattern of the last one. it sucks cos VIA is a legit project with no less than peter todd on board.
I'm not the one who brought up the topic and thus invited comparisons of VIA with NXT. Nobody claimed that they were being "forced to buy NXT." That's just your crappy strawman; have fun knocking it down! Stating facts is not "hate" but I understand you need to emotionalize the debate because the facts are not in NXT's favor. |
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Via is a premined IPO too
No that's wrong. There was an ICO for the first VIA block, which as carried out in a for more ethical and transparent manner than NXT's shady deals. |
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we really haven't focused on the ethics of what gmax and the other core devs are doing.
i know the argument goes like this; they're the brightest minds in Bitcoin who have done so much for us we should be thankful, they have "positions" in BTC so they would NEVER do anything to harm Bitcoin, they deserve it, we should WANT them to be paid, SC's are neutral and are just trying to help Bitcoin, all you skeptics "just don't get it", etc.
well, the fact of the matter is we do get it. we've flushed out alot right here in this thread. and all of this technical babble has ignored the fact that what they are doing is unethical. abusing one's privileged position as a core dev and pushing for a very specific and unique change in the source code, while simultaneously creating a for-profit company that seeks to profit off said change is unethical. i asked gmax in the AMA whether he thought he should step down as core dev due to what is to any objective person a conflict of interest. he said he thought that was "unreasonable" followed closely by LukeJr who said the same. LukeJr then launched off on a rant about how we should "want them to get paid". nice spin Luke. i don't have a problem with you starting a private company but not while taking advantage of your position. at least in the real world of banksters, there are plenty of examples where ppl step down b/c of conflicts of interest for reasons even more remotely unrelated than this. these guys don't get it. Satoshi spent at least 2 yrs of his life developing Bitcoin without being paid, so there. AND he hasn't cashed in any of his BTC that we know of to profit from Bitcoin. now that's public service for you. one might argue that should be the standard for Bitcoin. maybe we need/deserve core devs who don't have gmax or Luke's attitudes? Bitcoin has the potential to become a global currency so an argument can be made that it should be maintained for the public good. i for one think there are plenty of devs who would love to step up and replace those guys.
alarm bells should be going off in all Bitcoin holders heads right now. this isn't right even if the SC concept were valid, which i don't think it is.
Cypher, let it go man. You are entitled to your opinion but the fact is that pretty much noone agrees with you on this one. The horse is dead already. No need to keep hitting it. I agree with CD, and your appeal to popularity is a logical fallacy in any case. GM has already demonstrated his capacity for terrible judgement and hypocrisy, in the Custom Hardware sub where he repeatedly violated/refused to enforce the rules HE WROTE and stupidly advised people to eschew full ASIC refunds because he clung so strongly to his sense of entitlement to an unethical windfall. He is a hyper-specialized codemonkey who has no business being responsible for anything outside of programming. Regardless, I don't think we can win the political battle to fork BitCoin into SideCoin due to the incentives created by the conflicts of interest. My only comfort is seeing the Maximalists turning BTC into the ultimate altcoin, driven by their fundamentalist zeal for jihad against all other cyptos (which they consider blasphemous abominations unto Holy Satoshi). |
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The comparison is really VIA versus NXT...
XCH and NXT Asset Exchange pretty much do exactly the same thing.
NXT is more refined and easier to use and has about 200 live assets...
So it has a clear edge right now...
But VIA could make up ground fast if Zynga is serious.
Nobody cares about NXT, which a bloated premined insider-trading IPO scam just waiting for the SEC kibosh. Java? LOL GTFO... Why not go all the way and make that crapware based on Adobe Flash? Metcalfe's Law doesn't apply to speculators, the only people who will ever use NXT. OTOH, the clean and light VIA/XCH platform is perfect for applications like Zynda Poker, ePeso, etc. And when treechains come to the fore, nothing can stop us! |
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Your aggressive herp-derp interrogations are amusing, because all the answers to your questions have already been provided. If you would bother listening to the court hearings, you wouldn't have to look like an ignoramus under the delusion that he's asking tough questions! I have something more important to do with my free time than hear some court hearing for a scam fail and bankrupt company. I was interested in the regular US law. As usual you are avoiding answering at sensitive questions. Do you consider fair that a company that can't deliver its shit to increase its manager's wage? Do you? The CTO is not a "manager" and since he's the brains behind their product, yes, I consider it fair to pay a market-based wage that will retain him. And the court agrees with me. So now your aggressive questions are "sensitive?" Oh brother... If you going to bark out long streams of inquiry, then insult the person considerate enough to repeat the answers already provided in this thread or in court transcripts, you can expect that person to stop being nice enough to provide further responses to your interrogations. |
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Sooo how high can we expect this to go?
Zynga + ePeso = |
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You guys are getting to aggressive. They weren't that incompetent. So the US law lets companies that can't ship stuff to customers to increase the salaries of the whole management without a reason? If that's the case then what's holding companies to issue a $1M or $10M wage per month for the management? Give that wages and in 2 months you declare bankruptcy. Is the law that permissive? Your aggressive herp-derp interrogations are amusing, because all the answers to your questions have already been provided. If you would bother listening to the court hearings, you wouldn't have to look like an ignoramus under the delusion that he's asking tough questions! |
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When Republicans take over the Senate, we may be in for austerity as painful as a heroin addict experiences in withdrawal (complete with dead babies crawling on the ceiling nightmare hallucinations, etc.)
Because Republicans have a great track record of fiscal responsibility? I think not. (More) divided government may have that effect though. There is more than one kind of Republican; the party is a three-legged stool. The pro-business types are traditionally equated with fiscal conservatives, but have been deeply corrupted by crony capitalism despite most small enterprise owners still being honest. The social conservatives are usually financially responsible unless they want to go to war against the enemies of Jesus, but they've Had Enough neocon foreign adventures for a while. Having Johnny Biblethumper come home in a coffin with nothing to show for his sacrifice tends to do that. The libertarians are by definition rock-ribbed beast-starvers; that wing of the party is now ascendent thanks to Ron/Rand Paul and their TEA (Taxed Enough Already) Party. Given the disaster of Krugman's Obomanomics, many non-partisan voters now wish Romney and Ryan had been in charge for the last couple of years. So we can hope for and reasonably expect the new Senate to reign in the crazy ZIRP/NIRP QE-Nth debt-monetization plunge-protection-team money printing crowd. That (relative) austerity will tamp down the irrational exuberance of the stock market, and we may see money flowing back into hard assets like gold, BTC, and XMR. |
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That sounds like fun! I should put in a resume because I could do a much better job than myshownow, who only succeeds in making Russians look live Joe Stalin's bully and thug descendents. Maybe myshownow is acutally a pro-Ukraine reverse troll, sent to inspire sympathy and support for NATO and Kiev?  |
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I don't believe for a second that piles of the fastest 28nm Bitcoin ASIC ever made sat around collecting dust until they're worthless.
Believe it or not, that's exactly what happened and is still happening, thanks to the monumentally ill-advised and self-defeating move of getting courts and lawyers involved. Some chips are being held hostage by Uniquify/Signetics, with many still in wafers.  As many predicted, the creditor committee has been about as effective as a car with five steering wheels.  |
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