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761  Alternate cryptocurrencies / Altcoin Discussion / Re: MC2: A cryptocurrency based on a hybrid PoW/PoS system on: April 01, 2014, 10:59:49 PM
Hey if you are talking to the guys from Conformal Systems.

tell them I sent them two emails and they never replied, I'll come back and show them what they missed out on soon, pity.

Sure.

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How would you prevent someone from messing around with the democratic voting system? Would they be able to game it using multiple clients/computers/VMs?

No, it's by stake or PoW block.

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Will be one to watch. Would it be Scrypt-based, or an offshoot of scrypt?

Not sure yet, but it'll be GPU mineable from the get go.
762  Bitcoin / Development & Technical Discussion / Re: Understanding difficulty on: April 01, 2014, 10:43:22 PM
http://bitcoin.stackexchange.com/questions/2924/how-to-calculate-new-bits-value

is the explanation I like to give.

Bitcoin has difficulty 1 set as eight leading zeroes for a share (0x00000000FFFF0000000000000000000000000000000000000000000000000000 in expanded form).  Then you get the numerical difficulty we're familiar with if you divide this by the current target (nBits) in expanded form.

Difficulty and nBits (target) are interconvertible; note that pools often use 256-bit expanded form: 0x00000000FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF being diff 1.
763  Bitcoin / Project Development / Re: Address watcher... on: April 01, 2014, 10:40:31 PM
btcd does this with their websocket extensions; https://github.com/conformal/btcws
764  Alternate cryptocurrencies / Altcoin Discussion / Re: [KAR][BOUNTY] Why this BTC address 3KARPE1ESwHERE1SoUrMoNEYxxxx8dXeC5 is valid ? on: April 01, 2014, 10:27:58 PM
The prefix is the version number and is 1 byte.

m/n: testnet pubkeyhash
1: mainnet pubkeyhash for pay-to-pubkeyhash outputs
3: mainnet pay-to-script-hash (P2SH); multisig-to-spend outputs are a standard P2SH tx type

https://en.bitcoin.it/wiki/List_of_address_prefixes
765  Alternate cryptocurrencies / Mining (Altcoins) / Re: GUIMiner-scrypt: A GUIMiner fork for mining scrypt chains on: March 31, 2014, 02:21:24 PM
I need to delete guiminer-scrypt settings due to an antivirus scan causing some sort of problem with connection. It'll open just fine but will not connect to any pool/url. Whereas it was working fine yesterday so it has to of been the scan/sandboxing mechanism. (avast ran a before startup type scan if that makes a difference)

Where does GUIMiner-scrypt save it's settings? Couldn't find it in Roaming folder so not sure where to look.

appdata/roaming/poclbm-scrypt
766  Alternate cryptocurrencies / Mining (Altcoins) / Re: GUIMiner-scrypt: A GUIMiner fork for mining scrypt chains on: March 31, 2014, 02:20:31 PM

Hi!
Any news for us Taco?

Best Regards,

LPC

Busy with lots of things.  Updates will be slow.
767  Economy / Service Discussion / Re: Court Grants Order to Freeze Hashfast’s Bitcoin Wallets on: March 29, 2014, 04:56:34 PM
768  Bitcoin / Bitcoin Discussion / Re: ZGL-wallet: achieve zero gain/loss for tax purposes with coin control on: March 28, 2014, 06:50:40 PM
I don't think this would work. This tax attorney advises using the FIFO method and nothing else for bitcoins.

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The biggest issue for most bitcoin users is determining their basis. Because bitcoins are fungible, you run into the problem of tracing the cost of each bitcoin you hold. You cannot just arbitrarily choose your basis. The IRS will permit you to use the FIFO method (First in, First out). Any other method such as LIFO or Average Cost Basis is not advisable, particularly now that we know foreign currency rules do not apply

I doubt you're bound to FIFO, as no other US industries are.  They're trying to eliminate LIFO in general by law, but as long as a mining company for precious metals is allowed to make use of it, it seems appropriate for Bitcoins so long as it's used consistently.
769  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ZeroCash: 2nd gen with anonymization starting from the coinbase transaction on: March 26, 2014, 03:42:56 PM
It seems it is really something new!
Can u help introduce more on this project?
Or where can I get more info?

Very interested!

You'll have to attend the Oakland symposium.

Zerocash: Decentralized Anonymous Payments from Bitcoin   (to appear)
Eli Ben-Sasson, Alessandro Chiesa, Christina Garman, Matthew Green, Ian Miers, Eran Tromer, and Madars Virza
2014 IEEE Symposium on Security & Privacy (Oakland 2014)

http://www.ieee-security.org/TC/SP2014/
770  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ZeroCash: 2nd gen with anonymization starting from the coinbase transaction on: March 26, 2014, 02:57:01 PM
I'm also one of those who can't wait for zerocash.

I expect massive adoption by sites like silk road 2.0 and such. I expect several states declaring it illegal. And of course I expect its value to heavily rise in the middle of war with governments and other negative-hype-raising events.

It'll be grand, my friends.

In the video Dr. Green urged everyone to be cautious about the adoption of the currency -- there's one pitfall if I understand correctly, and that is that since everything is obscured (even the generation of new coins via block subsidy), you can't observe actual inflation in the currency (just try to predict it based on the programming of the source code).  That is, if there were a bug and someone were to generate 2 billion coins (as what happened with Bitcoin), there's no real way to observe that.
771  Alternate cryptocurrencies / Altcoin Discussion / Re: Is BCNext Satoshi? Discuss and analyze their language. on: March 26, 2014, 02:52:17 PM
No.
772  Alternate cryptocurrencies / Altcoin Discussion / Re: MC2: A cryptocurrency based on a hybrid PoW/PoS system on: March 26, 2014, 02:40:31 PM
Development is still ongoing (of course, I have nothing else to do right now but develop this); if you want to hear about goings on, there's a weekly newsletter distributed every Sunday or Monday via Bitmessage.  Just give me your Bitmessage address.
773  Alternate cryptocurrencies / Altcoin Discussion / Re: Will X11 save us from the ASIC vultures? on: March 25, 2014, 03:41:00 PM
X11 is a great unix Windows manager.

The ASIC resistance of the hash function, not so much.  Play around with an FPGA and you'll see you're looking at about the same amount of resistance as SHA256d.  You increase the number of circuits required about 10-fold, but "X11" is also more than ten fold slower than SHA256d on GPUs.

Probably the most ASIC resistant thing you can do is maintain a low market cap.

We at the AlterEgoCoin[AEC] development team think that we have found a cure for the survival of GPU mining after FPGA`s starts hitting the market in high numbers.
To have multiple algos rotating in a pre determined cycle will give GPU`s full mining capability and if someone wants to point an ASIC or a FPGA they will only be able to participate in 1 or 2 out of X blocks making it not worthwhile to mine for them, they would also need to code their own miner.
If ASIC`s or FPGA`s would become a problem for the coin we would simply hardfork, update the miner and add more algos to the cycle.
Check us out at:
https://bitcointalk.org/index.php?topic=528925.msg5889698#msg5889698

That was my solution from more than a year ago, and it doesn't work.  All you need in that case is an ASIC with an instruction cache, which is not circuit expensive.

VertCoin has the right idea (also the bluntest idea), which is to just swap in different memory hard algorithms by a hardfork on a regular basis and not announce what they are ahead of time.
774  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ZeroCash: 2nd gen with anonymization starting from the coinbase transaction on: March 25, 2014, 02:53:45 PM
Judging by the success of darkcoin we will see more anonymity features in new coins.

DarkCoin's CoinJoin is more a privacy feature, not true anonymity as provided by the use of ZKPs.
775  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ZeroCash: 2nd gen with anonymization starting from the coinbase transaction on: March 25, 2014, 02:39:59 PM
i'd really like to know more since i am preparing a talk on this general topic. the video is now set to "private" on youtube.

It's because the publication of the paper is forthcoming and the source code is proprietary.

http://www.scipr-lab.org/pub

(if it comes back online)

776  Alternate cryptocurrencies / Altcoin Discussion / Re: Will X11 save us from the ASIC vultures? on: March 25, 2014, 02:24:28 PM
X11 is a great unix Windows manager.

The ASIC resistance of the hash function, not so much.  Play around with an FPGA and you'll see you're looking at about the same amount of resistance as SHA256d.  You increase the number of circuits required about 10-fold, but "X11" is also more than ten fold slower than SHA256d on GPUs.

Probably the most ASIC resistant thing you can do is maintain a low market cap.
777  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: March 25, 2014, 02:31:03 AM
  • a bigger PSU,
A 1KW 1U PSU is already rather insane, 1.2KW is the max they can go up to but its a long wait.

There are a few 12v fixed or adjustable voltage 1600 and 2500 W 1U PSUs.

Sunpower even makes a 3600 W 1U horrifyingly enough (RKP-6K1U-12).
778  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: March 24, 2014, 02:26:36 PM
Looking forward to reviewing this, if these are the units you were mentioning over PM. Smiley
779  Bitcoin / Hardware / Re: [Antminer S1] - Pencil Voltage Mod guide on: March 21, 2014, 12:15:08 AM
gmaxwell was the one who mentioned it to me, if you can track him down you might be able to figure out which components you might need to replace.
780  Bitcoin / Hardware / Re: [Antminer S1] - Pencil Voltage Mod guide on: March 20, 2014, 10:17:00 PM
I wouldn't super be into pencil modding these, a bunch of the components involved in voltage regulation are already overloaded about four fold at stock voltage.
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