As B.A.S. has admitted, the thinking (attitude and circumstance) of Westerners is aligned with spiraling the abyss. I have observed such attitudes in my own family in the USA. CoinCube has an exceptionally erudite nuclear family and a high quality career path, so afaik he probably doesn't associate with the lowlife underbelly of our society in the USA (thus I think he may not be aware how widespread the underbelly is and how intractable the ingrained attitudes are). I am intimately familiar with the lowlifes. I should send him a link to a facebook profile with 100s of "gang banger" attitude Likes.
This is a good film for anyone not familiar with what the American underclass looks like. http://vimeo.com/118532076Rather unsettling to see just how ubiquitous these attitudes are. With so many of these people, devoid of any productive capacity or purpose, coupled with the continuing trend of automation, it certainly seems like much of what you are saying is inevitable. I don't see how an increase in socialism can be avoided in this country. |
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for now perhaps, but theres far better things in the works..  Will NEM have any privacy/anonymity features? |
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On the subject of AI, if biological intelligence is possible, what would preclude machine intelligence from being possible? I think it's rather early to suggest that strong AI is impossible, considering that we don't even fully understand how the human brain works. |
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I am looking at 2 Mastrnodes with 1.75 DRK for almost 10 days...
now it is unfair
ENFORCEMENT?
Hasn't been on in like 10 days and probably won't be until IX is pushed. I think Evan is instamining DRKs from our masternodes :-) I think you're an idiot :-) It was probably sarcasm  |
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Nearly 900 Bitcoin for just 2% of such a risky project? Think I'll pass.
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If privacy really is the ultimate promise of cryptocurrency, and I believe it is, then Bitcoin is pretty much out of the game.
Why do you think so? Because it has a transparent blockchain. Why would I want to make my transaction history available to anyone who cares to look? |
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If privacy really is the ultimate promise of cryptocurrency, and I believe it is, then Bitcoin is pretty much out of the game.
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I think this quote from smooth summarizes SDC rather effectively.
There are no other cryptonote-based coins in the top 100 on coinmarketcap besides XMR and BCN.
SDC uses a cryptonote-based design for their anonymous tokens, which is a bit different in terms of coin design and doesn't share code but the cryptography is almost identical.
They call it "zero knowledge solution" though. Perhaps that is self descriptive. I didn't see "XMR" or "BCN" in the title of this thread. The shameless promotion "distills" the "essence" of your motives here. Interesting bit of information I found in the comment section of the recent SDC article regarding Cryptonote, which is why I'm glad SDC doesn't share it's codebase. https://en.wikipedia.org/wiki/CryptoNote#NSA_involvement"Darknote" is also a CN based coin in the top 100 What is that supposed to imply? You do realize that the NSA has a hand in an extensive variety of cryptography research, right? You use algorithms and protocols developed with NSA funding on a daily basis. Furthermore, all of the things listed on that article are speculation. |
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I think this quote from smooth distills the essence of SDC rather effectively.
There are no other cryptonote-based coins in the top 100 on coinmarketcap besides XMR and BCN.
SDC uses a cryptonote-based design for their anonymous tokens, which is a bit different in terms of coin design and doesn't share code but the cryptography is almost identical.
They call it "zero knowledge solution" though. Perhaps that is self descriptive. |
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Darkcoin masternode is just a regular wallet that has special functionality enabled. It is not a separate program running in a separate network. There are currently over 2000 masternodes running 24/7, and the number is increasing constantly.
Worrying about all masternodes getting taken down is like worrying that all Monero pools and nodes are taken down.
Great insight! Whatever are you talking about? It might seem a bit out of the blue but I posted it for people who read other threads as well. It's not a like I had an epiphany all of a sudden. Ah, alright. It really sounds like you're responding to someone, and that a lot of context is missing. The context is that in other threads people were saying that because masternodes are paid to perform mixing, they could fall under FinCEN/money laundering rules. Along with saying that masternodes are a weakness in Darkcoin, as they can be attacked. I don't really buy the FinCEN thing, as that only concerns businesses located in the US. Masternodes can be run from a server located in any country. |
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This is too funny. Such an obvious scam, yet people have deluded themselves into believing that some guy is going to pay them $20 a piece for their (nearly) worthless tokens.
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Is any work being done on the official GUI atm, or are all efforts being directed to LMDB implementation?
Yes - we're remerging/updating daemonize, working on RPC -> IPC (via 0MQ), beginning the refactor/extrapolation to libraries, and working on non-64-bit comparability. This is all directly related to the GUI effort Very nice. Really looking forward to trying it out. Hope there isn't too long of a wait left. |
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Is any work being done on the official GUI atm, or are all efforts being directed to LMDB implementation?
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That will never be acceptable because that is messing with a key point of bitcoin, fungibility. NOPE X Therein lies the problem. Bitcoin was never fungible. |
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with all the (cloud) mining companies getting into trouble in the bitcoin space right now, is it possible that they will turn their eyes towars xmr, since the required hardware is cheaper to obtain/produce/run?
I dont know if it really works on an industrial scale, but for a hobby miner GPU/CPU equipment is much less risky because it has other value. If the coin drops and/or difficulty rises you can still sell it as used computer gear, but specialized mining gear rises and falls in value with the coin itself. Competing with a billion CPUs doesn't sound fun. And a billion CPUs mining is what could happen if a cpu-mined coin had a mega-bubble and the entire world realized they could mine it. Mining isn't about you being able to make money. It isn't about designing something so that some people can have a competitive advantage and rake in lots of money. It's about securing the network. The entire world mining would actually be ideal. The more decentralization, the better. I was speaking from the perspective of a professional miner who had switched from mining BTC to a CPU coin. Ah ok. |
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with all the (cloud) mining companies getting into trouble in the bitcoin space right now, is it possible that they will turn their eyes towars xmr, since the required hardware is cheaper to obtain/produce/run?
I dont know if it really works on an industrial scale, but for a hobby miner GPU/CPU equipment is much less risky because it has other value. If the coin drops and/or difficulty rises you can still sell it as used computer gear, but specialized mining gear rises and falls in value with the coin itself. Competing with a billion CPUs doesn't sound fun. And a billion CPUs mining is what could happen if a cpu-mined coin had a mega-bubble and the entire world realized they could mine it. Mining isn't about you being able to make money. It isn't about designing something so that some people can have a competitive advantage and rake in lots of money. It's about securing the network. The entire world mining would actually be ideal. The more decentralization, the better. |
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Bitcoin has dominated all other cryptos. Without Bitcoin, we'd never be where we are today.
But Bitcoin is now old tech (that's my view). Bitcoin is incapable of being a global currency (either today or in 100 years' time).
And as Bitcoin becomes less and less dominant, can other cryptocurrencies now diverge independently from BTC?
Pretty much every cryptocurrency of significant market cap has danced in step with Bitcoin. Until now.
From the market over the last week, we can see the beginnings of alt-coins decoupling from the Bitcoin monster. It's sad to see Bitcoin dwindle away and so many people lose their money, but it has to happen this way. Bitcoin cannot do what we need it to do.
The only one I have heard of is NuBits: https://nubits.comThis crypto currency is pegged to USD, so 1 NuBit (NBT) is 1 dollar. My new cryptocurrency Shitbits is also pegged 1:1 to the USD. How many can I put you down for? |
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Should be called Griftercoin.
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- DRK was pre-mine, is controlled by one person, and suffers from centralization, as well as lacking useful proofs of security.
Is it true? Who's that person ? Please tell us. Evan holds the most coins. Why do people feel it's ok to make outrageous claims without providing any evidence? How far did you have to stick your fist up your ass to pull that sort of nonsense out? |
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so even with the database update, it still takes around 1gb of RAM to run Monero?
currently a 75% improvement but geez cmon
You don't have 1GB of RAM? Are you using a computer from this decade? |
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