Kind of a cross post here .. I think my question is off topic for rpietila's thread


Can this now be done indefinitely with the introduction of the deterministic wallets you guys put in .. long after the file itself is gone .. provided the view key is not lost?

I can prove that I made payments for data that I delete/remove from all of my computers .. provided I can remember some words and a view key?

edit: I just tested it out finally .. it spits out the same view key and everything! That's probably the coolest damn thing I've seen added to CN yet  ! Sending XMR to dev wallet!

Yes, Cryddit's claims were clearly made while having no real understanding of what was being discussed. I think the remarks were more toward an understanding of Zerocoin, not CryptoNote .. as my post about three after his pointed out (https://bitcointalk.org/index.php?topic=624223.msg7024305#msg7024305).

Of course at the time, we were both making more of a philosophical claims rather than technical ones (followed by a whole lot more philosophical banter).

Peter R., the same "soft anonymity" you claim bitcoin can provide is also very much available in CryptoNote. But, the "hard anonymity" is also available in CryptoNote. You are very much able to prove your transactions, and as such there would be legal avenues under which retribution could be claimed. But, unlike bitcoin, it requires participation of both of the spenders (something that can be demanded in a court of law), rather than a rash abuse of something that should be private.

Is that whose been doingallowing those tx's? I guess I'll stop mentioning them as a pool for people to use unless they can convince me that there's some logic to using the old daemon. Wierd that they put so much time into development daily but don't update that .. maybe there's something behind it? It does seem pretty stupid.


It's just an interesting mechanism to me really. What purpose does it serve? People will issue transactions probably using more space than they need, miners verify the transactions without regard to their subsidy and profit, and an investor providing liquidity in the markets now will ultimately profit more in the future because the investment could be worth as much as 109% more than planned when subsidy drops to zero. I don't see the necessity .. why not just limit the block size and have no penalty? I'm sure there's something I'm missing thats simple otherwise it wouldn't be done at all.

OTOH, people could seek to maximize block size on purpose, miners can just deny all tx's because they won't know if it's on purpose or accident (anonymous) and verify zero tx's at all and just continue to mine blocks. I'm just not seeing where decreasing subsidy makes any sense at all .. do you know?

What about coins that are simply "never created" due to the block reward penalty? Specifically, what does such a penalty achieve in the first place? I think the current penalty is set to never exceed 9% of the intended subsidy .. leading to a minimum of ~1678000 coins rather than the intended 18440000 in the design. Should these be taken into account somehow?

Edit: I'd like to add that I could use Darkcoin as an example here .. evan based his block reward off of difficulty. If difficulty were to drop into a range that would yield >5 DRK / block the exact coin supply (when planning for the future) would be unknowable. What kind of effects does an unspecified emission have when taking into account some kind of fixed block reward toward the end of emission?

I believe a user "andytoshi" on cryptonote.org forums just posted today that this might be alleviated with merkle roots. Also, I think I've read the dev's here say that they are working on a database like that.

https://forum.cryptonote.org/viewtopic.php?f=2&t=209#p682

All I've ever done to save the blockchain is type "save" and press enter in the bitmonerod window, not the simplewallet window. "exit" also should save the blockchain and then exit.

To save my wallet data, all I've ever done is type "save" into the simplewallet window and press enter, not the bitmonerd window. "exit" should also save the wallet and then exit in this window.

I didn't even know there was a save_bc command in one of them .. which program uses that command?

 

Really great news!

Actually, that brings up a good point that I didn't think about.

There's people here who actively support Bytecoin .. what do any of you think or make of cryptonote?

Good guys/bad guys .. ?

I mean there was a disagreement between the two communities .. as a supporter of one do you still have interest in the other?

Like if you feel that you support Bytecoin .. do you feel animosity toward CryptoNote (either direct or indirect)?

edit:

What I mean is that before I posted that people should go to CN, but I didn't consider that people supporting Bytecoin might not like CN at all .. and it would have been offensive when I wasn't trying to be. Sorry if I was.

I feel a little differently. I think CN mentions that Bytecoin has its own "long history". This makes me think its not a premine and they don't want the money (currently or ever). I feel like it's still used for something. I don't think that hinges on my or anyone's using it besides that community. This doesn't rule out the 'scam' that it's claimed to be necessarily .. just that there's not enough information other than history repeating itself to justify either one.

But if one were to take the 'all lies' claim .. the current CN website and Bytecoin websites could just be ripoffs of the original source names from the original onion site that said cryptonote instead of bytecoin even though the site layouts were the exact same. That name that was in one of the readmes .. Cybernote i think? What if the blockchain was really forged and there's some alpha project out there called cybernote and that's the real original blockchain?

Who knows? I sure don't. That's why I've been taking the story for mostly what CN/Bytecoin claim, because otherwise there's an endless slurry of questions. I think they've alluded to that being amusing as well in one of their posts on this forum as user cryptonote

Fun to play guesswork though .. just not something that I can ever use to transact with.

I do want to hear more from CN though, could some of you guys go and post on their forum? I've lost my passwords, but I post there a few times w/ a different name .. hoping for discussion. I feel like talking more on that forum will be better for everyone.

I agree with you. I'm not asking Bytecoin devs to defend themselves, none of my questions were targeted at them or their closed community. I've asked them before, and they rightly ignore me .. so I've taken to respecting their privacy. In fact, let me make it clear that I don't think it's a premine. I think it's a closed economy, much like china was until the 1970s or so. I'm trying to make sense of why people, like myself, continue to come to this thread every single day. What is here? Is this a currency, a mystery, or a sad mistake? I think it's a mystery, and am very open to taking every answer that has been given to me at face value. When you say there's nothing to defend, do you mean literally that there's nothing here worthwhile to put into someone's pocket so let them do whatever .. or what? I don't see it as a financial tool, I see it as a priceless mystery -- but that's me and I've been in this thread since a few days after the BCN thread was even made. What is BCN to you?

You think I think only the people in this thread think that? Hell, just because I said it doesn't mean I'm alone in hoping for it I've spent enough time waiting for a mystery message that's never going to pop out of thin air .. it was tough but I moved on. It's why I'm back now, asking the same questions I asked of myself for weeks before giving up.



Bullshit this isn't you vs. me, or Monero vs. Bytecoin when I ask these questions. If you think that then I'll just delete my profile again because you people seem way too obsessed with an ego you've attributed to a profile and people's post-dicks.

It seems more and more every day like nothing can get done right unless people know nothing about each other.

Well in that case it is pretty cool. Definitely looking forward to trying that out, from a paper backup. That would be pretty awesome.

I think I saw that this was finished and pushed already .. but can anyone please give a good rundown of what this is/does? Sounds pretty cool!

Third party support by a world more ready to accept cryptocurrencies will be the major driving force for altcoins in this year and the coming years.

Seems kinda petty to put someone down for not doing the work that someone else was glad to put forth. I mean I don't blame gmaxwell for Darkcoin .. or I don't blame Satoshi for coinbase .. it would be silly to do that 

I've seen you post here a lot! Maybe you have thoughts on all these questions I keep coming up with?

So innovative the pools mine innovations!

I just always thought they had their own closed community with an economy that only Cypherpunks were invited to .. not that there were any mistakes. I've just been assuming that since it's hard to scale up the technology without major changes .. maybe their intent to to foster hundreds of smaller ones?

Maybe they were just trying to show us all that CN can work, and that's why the CN website is set on assisting people build forks?

I think smooth just quoted that a few hours ago ..

edit: found it!


The way CN worded it made me feel that the code should be used, but not that I should try to use their already working implementation .. thoughts anyone?

Why don't you think the BCN developers have needed to defend themselves? If they don't .. what don't they have to defend themselves from? I keep asking questions, but they keep getting ignored.

I'm starting to think that this thread has alot of people outside the closed off Bytecoin community ignoring me because they're still hoping for a message in their inbox or email welcoming them to a secret society. Do you hope for this? You gonna be a VIP  

When you're defending this from smooth's daily remiders, what do you think you're defending? I'm really trying to wrap my head around it .. maybe you have ideas on the questions I keep asking

Hey! You seem like you know what's going on with BCN. I posted this before but nobody responded, maybe you have ideas on any of these questions?

I see where you're coming from, but central banks have been around for many years and I'm still alive ... certainly many more years than "another year or two" .. hopefully . PoW at worst invites central banks to assume power .. by taking control of most mining resources. PoS at worst makes the original stakeholders a new "central banK" whether or not they were one before, where they're still susceptable by flat out purchasing by a centralized banking system. It's little more than clenching your cheeks and hoping for the best .. anything else is speculation. I think I like both attempts.

PoW gives me the hope that there's a control based on some physical link to the real world, and PoS gives me the hope that maybe someone can do better than a centralized bank. Both seem like a lottery increasing my overall chances to win.

I've seen some interesting proposals involving both PoW and PoS that catch my interest .. MC2 being one of them. Any thoughts on that? I think I remember you favoring NXT, but what do you think of hybrid currencies?

Why won't PoW last long? Where did you come up with that idea? It seems like you're thinking PoS will "win it out" ... but why do you think it's a battle for one "candidate"?

That community was bred by 4chan. It was the same time they were spamming stablecoin threads on /pol/. A board war developed and created a nice viral effect for dogecoin to market to people who were already half into bitcoin. Won't be terribly easy to tap that resource again.

Personally, I believe artos' profile was borrowed through some vulnerability like heartbleed or something and the entire thing was staged but who's to know?