I can't even recall the URL for that DVCbank myself.

Those servers have no email systems set up so they don't inform me of new signups nor do they attempt to verify people's email addresses, so basically I was manually doing email checking myself when someone indicated in the thread that they had signed up.

I guess I need to periodically look for any new signups and try sending emails to them to see if they are real. Will try to get to that sometime but unfortunately not right this minute.

-MarkM-

There were two ideas for how proof of stake might actually be able to be properly done but neither have actually ever been implemented, possibly because people were more interested in spewing out scamcoins than in actually implementing something that might work.

The scammers apparently prefer to keep spewing out solidcoin style (privileged node) ppcoin clones than to actually try one of the methods that over long time of lots of thrashing at all kinds of details apparently seemed like they might potentially actually turn out to be workable.

I don't know if either actually will turn out to be workable though.

So basically proof of stake so far is just another bunch of solidcoin style scams known from the start not to be secure.

-MarkM-

Vircurex is one of the best places to provide "backing" for coins such as IXCoin, as one can sit bitcoins and/or litecoins in offers long term providing a constant price-floor.

Sure that price-floor is temporarily gone due to having been frozen but hopefully over time it will build back up again.

Also, massive numbers of hours went into building huge sell-sides too, I don't really see much point in dismantling the thousands upon thousands of sell-side offers on one exchange just to move them somewhere else to be equally likely to vanish. That'd lose hundreds more hours of work in addition to the coins.

-MarkM-

I view it as quite the opposite: almost no coins at all are anywhere near secure, especially scrypt coins, even litecoin and DOGE.

This has been clear since DOGE did us all the favour of showing us all that litecoin, the highest hash power scrypt coin at the time, could be out-hashpowered just by some stupid meme almost overnight. By being that stupid meme, DOGE also made it clear that is itself is insanely insecure.

So all in all the whole scrypt field is garbage, the hash power so fragmented it is crazy to bother with any of them.

Maybe if litecoin and DOGE could be merged mined together there could be some hope, but they apparently prefer to continue to make a joke of the whole scrypt space.

-MarkM-

Coinmarketap dot com seems broken, coins such as IXCoin and DeVCoin that are among the top 100 by market cap are not on the first page, that pretends to show the top 100 by market cap, instead the market cap values start over again at number 114 or something, halfway down page two suddenly higher cap coins appear that should be on first page, so it looks like coinmarketcap site is utterly broken/garbage/scam, maybe trying to de-emphasises certain coins or something...

-MarkM-

What is up with coinmarketcap dot com site, it isn't showing IXCoin and DeVCoin and such on the first page where their market caps should put them, instead halfway down the second page it suddenly starts its market cap size over again at caps that should be way up on the first page?

This makes IXCoin and various others that should be on the first page look entirely missing since no one should be even looking on the second page for coins whose market caps they know to be higher than many that are on the first page...

Is coinmarketcap just a scammy or crappy scam or broken useless site or something? If so what site if any has real values of such stats?

-MarkM-

I dont' want to deal with Cryptsy, as far as I can tell it is the original and biggest scam-exchange, enabler of scam-coins.

I use Vircurex because it came closest to having all the merged mined coins, without throwing every day's new scams at everyone all the time.

However it looks like Vircurex might be jumping on the "lets list all the latest scams" bandwagon itself now so I dunno.

Nice would be an exchange that simple carries all there merged coins and no others.

As even Litecoin is looking dubious since DOGE came along.

-MarkM-

DGC seems to be just another insecure blockchain whose developers do not even want it to be secure.

If you want fast block times, there are I0Coin and GeistGeld, both of which are merged mined thus have some chance to maybe actually be able to secure their blockchains.

As far as I know DGC cannot be merged mined so it not only is insecure itself but also is trying to lure away hashing power from securing other coins. It is thus destructive to the whole coin ecosystem instead of co-operating to help all the coins be secure.

-MarkM-

Well maybe in updating Tenebrix and Fairbrix, merged mining could be implemented?

Though the fact that Litecoin and DOGE do not seem to be intending to be merged mined together leads me to think the whole scrypt arena might just be too fragmented and self-destructive to be worth bothering with. Basically coins that are determined not be be seucre a an insult to the users and investors, like hey you idiots this crap is garbage, we have no intention of ever securing your money, the whole point is to rip you off so why the heck would we care that our blockchains are insecure, only idiots would waste money on this crap anyway so obviously any users are out to lose their money anyway so to heck with security, no one cares about that, its all about ripping you off, idiot...

-MarkM-

Isn't this justdown to which version of OpenSSL you have installed on your computer when you compile, or, if it is dynamically linked (as anyone who runs many different coins will tend to do so that all their different coin daemons all share the same libraries) which ones are installed on the machine you end up running on?

-MarkM-

Weird, as it is still low on Vircurex. No one doing arbitrage, maybe? Theoretically arbitrage is supposed to keep all the exchanges quite close in price.

-MarkM-

Are you claiming bitcoin litecoin and such still cannot be withdrawn?

I thought all that was in the past, that now you can sell alts for bitcoin and withdraw the bitcoin?

-MarkM-

What makes electricity "cheap" ?

In theory if massive users of electricity all started setting up shop where elecrtricity is cheap that should drive up demand there, shouldn't it?

Is there a limit on how much "cheap" electricty the current "cheap electricity" locations can generate before they start being more expensive or simply get bid up in price by demand greater than they can cater to?

-MarkM-

Mining is not meant to be profitable.

It is like churning out no-name products/commodities, ultimately only the most efficient producers with the least salary etc overheads should be able to afford to do it.

If you don't have some of the cheapest electricity in the world, just don't bother, as you are competing with some very low cost electricity out there in various places.

-MarkM-

It apparently lets attackers get dumps of 64k of memory at a time.

It wasn't clear whether that memory is limited to memory assigned that process or memory accessible by the user running the process.

If sshd runs as root maybe all RAM on the entire machine can be dumped?

If so all code running on a machine that has an effected ssh daemon is presumably wide open to having its RAM dumped thus any secrets it contains discovered.

So it might not matter whether a specific program uses OpenSSL but rather whether something remotely connectable to such as an ssh daemon uses it.

-MarkM-

Luke suppressed a coin for about three days, long long ago, and the coin has been running fine ever since.

Mostly Luke just grabbed himself some of the coin so he can cash out when it eventually goes on an exchange, most likely.

-MarkM-

Oh it has been a profitable scam, sure. Some of them are even propped up by a centralised privileged node system, a little reminscent of Solidcoin except for using just one central node instead of several of them, so even more centralsied that Solidcoin in effect.

But it seems we are headed toward the usual fanboi crap of "destroy our coin else we refuse to admit it is vulnerable"...

-MarkM-

A couple of approaches to doing Proof of Stake were worked out once upon a time, but no one actually built them.

Then Sunny King popped up out of the blue, proud not to have read any of the existing research and discussions, with his own thing he made up himself.

Someone pointed out it was utterly broken, he claimed to have fixed it, and everyone has run off ever since cloning that and propagating gosh knows how many utterly insecure blockchains.

Still no one has coded either of the methods that had been come up with that were thought to possibly be able to actually work.

-MarkM-

Supposedly not. Supposedly the reason the coins already on the exchange were frozen was precisely in order that newcomers would not be effected. So presumably we are to believe that enough coins were frozen to cover all the old losses so that all newcomers and new deposits enjoy a fresh start unencumbered by the past.

-MarkM-

CDN (Canadian Digital Notes) has nothing to do with prime numbers.

See http://galaxies.mygamesonline.org/digitalisassets.html

It has been around for years, since back when GRoUPcoin and DeVCoin were new.

-MarkM-