If I were to diversify into PoS, I would get some Peercoin. But even Doge and NVC are much more successful and innovative than Diamond. Sunny King and Balthazar are amazing coders with good ideas and still very committed to their coins, unlike Diamond's long-gone former developers. Doge, PPC, and NVC are all in active development. Why has Diamond been stagnant, with scant new code for over two months? Doge, PPC, and NVC all still use their original design. Why did Diamond fail with scrypt, and have to hard fork to Groestl? If Diamond isn't worthless, why have the price and volume been imploding for the last four months? Face it, Diamond is going nowhere and is hopeless. That's not just my opinion, that the global consensus as reflected in the market. It's a Failed Shitcoin:  |
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Threats?  - Indeed again and again you prove you are a deranged individual. Poor you. Your lack of maturity and misplaced optimism are only hurting you, not others - Even less me. OK, since you insist I'll add more content to the unmoderated DMD thread. |
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It says 09/04/2014, 14:17 UTC
Bytecoin’s Statement on Potential CryptoNote Vulnerability
The Bytecoin team would like to reassure all interested parties of Bytecoin’s highest security standards. Despite the fact that one of the CryptoNote currencies is experiencing a network split, Bytecoin has not been subject to any network anomalies.
Bytecoin’s support team operates around the clock and utilizes a real-time risk control system that triggers alerts when suspicious activity is captured in the blockchain or the network. The alerts are analyzed for further investigation and action decisions. This permitted our developers to release an updated daemon containing a pre-emptive patch that is available on the Bytecoin website.
The Bytecoin team has been working over 4 years on the code base and has been paying close attention to its quality. Each line of code is thoroughly scrutinized for potential vulnerabilities and peer-reviewed by the developers.
Presently, the Bytecoin team is working on a multi-signature API implementation and CryptoNote core/protocol development. The next significant feature scheduled for release later this week provides smart solutions for Bytecoin-accepting businesses.
Our key objective is to continue providing a support service of the highest standard and to add features to increase Bytecoin’s presence in the enterprise and the community.
Our support team will readily answer any question you may have in connection with this statement.
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Did the Operation take down monero?
Nope. Monero is stronger than ever. It's not the Shitcoin your looking for. OTOH, Diamond is launching a hosting mining Ponzi. Yes, that's on top of their "50% interest" HYIP BS.  |
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Random altcoin observation...
I can't find a thread on the first 5 pages specifically about BBR.
Where can I learn more? It was drifting down around .00015 for a looooong time. All of a sudden, starting last week (August 28th), volume on Polo is wayyyyyy up and the price is up to .001.
What caused this?
edit: Supernet, maybe? If so, where can I short the fucker?
BBR was in a downtrend for so long it became far too undervalued relative to its twin XMR, and the market ran out of cheap berries. The Supernet hype reversed that trend with a vengeance, although the steady release of improvements (miners, price chart in wallet, etc.) played a role as well. Another factor was an uptick in XMR prices, to which BBR offers leverage as silver does to gold. Go ahead and short BBR, you could possibly make some money in the short term. But many of us are accumulating, and you might get your teeth broken instead.  |
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Diamond 1.0 originally launched with scrypt, only after that failed was Groestl shoehorned in as a desperate way to try and get publicity by using a trendy new POW. Groestl is somewhat innovative as a new POW, but Myriad already offers it. There is nothing innovative in taking two already existing ideas, Groestl and PoS, and just slapping them together into a kludge. That's just reshuffling other peoples' work, not making anything original. Combination and permutation is not innovation. Since the relaunch four months ago, the price and trade volume of Diamond have been in a free fall trending down towards zero, so the market is clearly saying Diamond is worthless and hopeless: |
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The Diamond choo-choo left the station months ago, now it's stuck in a tunnel and the passengers are suffocating. |
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 DIAMOND COIN
Totally Legit Interest rate: 50% annually
DMD offers
-zero source commits in two months
-zero innovation
-self-moderated thread
-proof of work ruined with proof of stake
-network hash rate low enough to easily attack
-almost zero community
-almost zero volume
-only two exchanges
-price collapsing towards zero since May
-failed pump attempts
-almost zero interest in relaunch
-"DMD Diamond Cloudmining Investment Product"
-no media attention since May
-no hope since MayWhat does a new investor see when he is interested in DMD?
99.99% of new investors won't see DMD, because it has almost zero volume on its main exchange and zero on the only other one. *If* a new investor somehow managed to find DMD, they would see nothing to make them interested and enough red flags to make them run away as fast as possible. He sees a lately not very active community.
Why would there be an active community? DMD has zero innovation to offer, so what is there to discuss? Besides wishful thinking and lulzy/scammy "DMD Diamond Cloudmining Investment Product" there is nothing happening. It's dead. |
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rpietila has pumped XMR.
No doubt risto's buying has increased the clearing price. So has mine, Goat's, and yours. No matter who is buying, it's going to increase the clearing price. If Risto weren't a net buyer, there probably would be another of similar size. I actively recruit them, after all. I only do it to the degree that I think they are healthy to have involved at the current liquidity level, however. Using the word "pumped" is misleading. It implies a dumping intention. Risto has expressed an intention not to be a net seller. I share this intention. So do the investors I recruit. We may speculate on the motives of others, but actions are more important than intentions. I too trust Risto, but my point was to illustrate how strongly your objections to BBR ascendancy resemble those raised against XMR. Anything positive said about purely speculative investments like XMR/BBR will inevitably be perceived as pumping, so lets be consistent in our criticisms and praises. |
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Are you going to continue trolling?
I just explained that the issue of altcoin adoption in the developing world is threatened. And if an altcoin is going to compete it needs to be very proactive now on generating income for the developing world people, because they are not investors in crypto-currency. They are workers and earners of income.
This is a very relevant discussion about altcoin demographics.
You are just trolling.
Your category mistakes are becoming embarrassing as their frequency increses; stop calling disagreement "trolling." Cyber-fiat, whether Canadian or Ecuadorian, is not an altcoin any more than commodity-backed MPESA credits. |
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The bigger money is more risk-averse.
The development team structure is an area of risk.
The market priced this so that the BTC-invest, XMR-hedge was nicely asymmetric, but now rpietila has pumped XMR.
What I did there, do you see it? |
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You are such an idiot.
Whereas, Armstrong made specific predictions of specific events at specific times, that could not match any other events. And he was never wrong. Never.
If Armstrong is prescient as well as infallible, why didn't he know ahead of time that he would be sent to jail for bilking investors, not get a fair trial, and so on? Since he couldn't avoid being thrown in a hole for 7 years, he's not exactly the sharpest shooter in Texas. ES, govt backed digi-fiat isn't a new idea. The Canadian mint floated, then abandoned the idea already. |
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only one talks about psychic computer models and fails to see why others find that lulzy.
As with the Climate Change Cult, such a modeling fetish emulates traditional numerology.
Logic: your foot hurts and you have to pee. Thus hurt feet causes peeing. I told you upthread it is a model that has been trained on $100 million of data. It has identified all the repeating cycles in the history of man. It has been backtested and now also extensively predictively tested. It has nothing in common with the nonsense climate models, which Armstrong explicits criticizes because those climate models use only near-term data and totally ignore historical cycles that have a longer period than the short-term data they employed. If you are not even going to take the time to investigate, then shut up because you are making a fool of yourself. Wow, 100 million is a very big, powerful number of dollars.  How could it possibly fail to predict at least a few things, once in a while? Maybe I should "take the time to investigate" Nostradamus as well, after all he predicted WW2, the JFK assassination, and 9/11. /numerology /sharpshooter fallacy |
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Can someone give me a rundown on what happend with the bug? What effect did it have on the network?
An attacker with extensive knowledge of the Cryptonote code and network spent four days using custom software to lay the subtle groundwork for an attack. When executed, it combined the preliminary troll transactions into a troll block designed to bypass safeguards and overload the Merkle tree's capacity. The network split into two forks, because nodes favored the longer but malignant chain. Has bitcoin ever undergone any sort of sustained/planned attack like this? This is certainly some dedication. No. Entire classes of bugs are missing. But it's just not an anonymous solution, and the devs will say as much. -Dan Kaminsky |
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He thinks some lulzy computer model, which has achieved self-awareness and gained the gift of prophecy, is foretelling the End Times.
You are fucking trolling, because I've already explained to you that the model predicted everything exactly 10 years in advance, even to the day. And the model doesn't predict the end of the world. And you have a vendetta against me because I criticized the name of your beloved boolberries. And I don't have time to waste arguing with an idiot who doesn't even bother to check the facts on this matter. And I told you upthread that it has nothing to do with numerology. So you are just trolling because I already refuted you, then you repeat the same trolling tactic again. Many people criticize the name Boolberry; only one talks about psychic computer models and fails to see why others find that lulzy. As with the Climate Change Cult, such a modeling fetish emulates traditional numerology. And just by coincidence, both models predict DOOM tm Soon tm. I'm just discussing the zany but aggressive parasitic memes you brought to the thread. Were I trolling, I'd point out that you mention Armstrong more than cedivad mentions his lawyer.  |
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I would have thought that Peter Todd (previously a core bitcoin dev) would have enough on his plate as he recently (few weeks ago) joined the Viacoin dev team.
We had already talked to Peter about consulting for us before that. He does various consulting work, especially open source projects. He explained on reddit (go find it if you care) that one of his consulting clients happens to be Viacoin, and he didn't even know much about what they are doing. In typical pump-and-dump fashion, Viacoin quickly turned that consulting gig into him being their "chief scientist" and promptly put out a slicked up press release about it. In short you are reading too much into it, and for what its worth we won't be wasting any of our donation money writing press releases and trying to promote a consulting gig as something more than what it is. Peter Todd is the new CEO of Monero! That's great news! |
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Can someone give me a rundown on what happend with the bug? What effect did it have on the network?
An attacker with extensive knowledge of the Cryptonote code and network spent four days using custom software to lay the subtle groundwork for an attack. When executed, it combined the preliminary troll transactions into a troll block designed to bypass safeguards and overload the Merkle tree's capacity. The network split into two forks, because nodes favored the longer but malignant chain. The exploit was due to the limitations/inappropriate use of the C language, but quickly fixed. As a result the XMR core team was able to demonstrate an incredible degree of competence, by immediately spotting the problem and rapidly diagnosing/fixing it. Our friends at BBR, while not acutely affected, also helped in efforts to contain the vulnerability. The CN community rallied behind the core devs, notified exchanges, and pledged support in the form of donations and buy walls. Some sleep was lost, but a good time was had by all. We now return you to your regularly scheduled moonshot.  |
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