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821  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XST] Stealth-Coin.com | Tor | StealthText, World's first anonymous SMS Tx! on: September 18, 2014, 02:10:21 PM
Question: Where is the Google Play release?

Perhaps an update from the dev team on this would be helpful as this was promised a while ago.

This coin got on mintpal and 24 hours later everyone is nitpicking the little things.

Why don't you guys ask these questions in private and offer help if you can? You are basically feeding the trolls with stuff like this.

It's perfectly fine to publish your own android app and not go through google play. You can find this information on the google site. The app works fine, so why rally around this one point?
822  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] SonicScrewdriver - First coin over TOR with functional anon send - 0% prem on: September 18, 2014, 01:47:16 PM
lmao

Bobsurplus slow dumping on you hype fools.

Monday this will be trading at 3.5 to 4k sat. lol

A week later and your stupid predictions are proven false, you lying scammer.
823  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] SonicScrewdriver - First coin over TOR with functional anon send - 0% prem on: September 18, 2014, 01:45:35 PM
My main concern is that the PoW period is too short and the emission is too big for the initial launch days.

If another coin offers similar feature, but with much longer PoW period (ideally no PoS), such as 10 year half life. I might join.

No coin has been around for 10 years, so how that could be a criterion for you is beyond me. But ok.
824  Other / Archival / Re: delete on: September 18, 2014, 09:00:33 AM
People are stuck on the question of value, and come to the conclusion that value is derived from expenditure of resources. But that's simply not the case. Value is derived from utility. In other words, the question of value is related to usefulness, not expenditure.

Expenditure is required to help ensure honesty. If a reward requires resources, but cheating jeopardizes the reward, then the incentive is to be honest when expending those resources. That's the PoW model. This model has absolutely nothing to do with imparting value on a commodity. The utility of the commodity takes care of the value.

You've basically supported the argument you were attempting to refute. If expenditure is required to ensure honesty then the expenditure is required to derive the value, because otherwise it will be cheated out of existence. You can't wish away the honesty part. Cheaters exist.

I'm refuting the notion that there exists some causal relationship between expenditure and value. That relationship is correlation in some cases, but not causation. Plenty of coins have been mined with great expenditure of resources yet are worthless now. The inverse is also true. Some coins have been mined quickly and without much expenditure, but are highly valued.
825  Other / Archival / Re: delete on: September 18, 2014, 08:25:38 AM
Now that has been proven and I am waiting for something better.  I have been looking into PoS and maybe NEM PoI, but listening to AnonyMint's suggestion that also seems really interesting.  Basically, if lots and lots of uses were miners, that any time a wallet was open it was mining, then the network could be supported.  His solution makes a lot of sense.

And what would keep them from creating a wallet that saved electricity by not mining? And how do you prevent someone from writing a malicious wallet when all the others have adopted the cheaper non-miner that they can run on their phones?

People are stuck on the question of value, and come to the conclusion that value is derived from expenditure of resources. But that's simply not the case. Value is derived from utility. In other words, the question of value is related to usefulness, not expenditure.

Expenditure is required to help ensure honesty. If a reward requires resources, but cheating jeopardizes the reward, then the incentive is to be honest when expending those resources. That's the PoW model. This model has absolutely nothing to do with imparting value on a commodity. The utility of the commodity takes care of the value.
826  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] SonicScrewdriver - First coin over TOR with functional anon send - 0% prem on: September 18, 2014, 08:08:27 AM
I appreciate it, maybe when you get more time, or maybe somebody else can offer an explanation. What advantages or disadvantages does this have over other solutions of some of the other currencies.
SSD is unique in that it is the first coin that offers anonymous transactions (stealth addresses) with anonymous networking (tor). Because of that combination, I call it the "most anonymous coin". That's a qualitative assessment, but in my opinion it is a fair one.

I hope that helps. And if I didn't convince you, feel free to dump into my buy orders.
Apart from block chain bloat, Is SSD better than XMR in anonymity?

If we combine XMR with Tor, is it better?

If you combine Tor with CryptoNote (BBR is the best CryptoNote, technically), then you have pretty much ultimate anonymity. But it is not sustainable with CryptoNote at the moment because it is too demanding of storage.

In the end, the decision will be one of compromises. Both CryptoNote and SSD provide "plausible deniability" levels of anonymity, which may be enough for most users who want to protect privacy and identity. CryptoNote can provide "military grade" anonymity that would probably be appropriate for governments to use if they needed an anonymous transaction system.

Given that they both provide excellent privacy protection, in the end, the value of either will be tied to their ease of use, ease of implementation, and ubiquity, not simply to which provides the hardest-core anon.
827  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] SonicScrewdriver - First coin over TOR with functional anon send - 0% prem on: September 18, 2014, 05:05:48 AM
I appreciate it, maybe when you get more time, or maybe somebody else can offer an explanation. What advantages or disadvantages does this have over other solutions of some of the other currencies.

At present the most adopted anonymous system is CryptoNote. It suffers badly from blockchain bloat, so it is expensive in terms of storage and bandwidth. Bytecoin and monero as they presently exist will be unuseable in 3 or 4 years, especially if adoption increases. Boolberry relies on "pruning" to address this problem, but it still exists because the memory-expensive ring signatures can't be pruned until the coins have been spent. One way around this problem is to "expire" coins and then prune on expiration--but as you can imagine, do you want to wake up one day and see your nest egg disappear just to save some guy some harddrive space? StealthCoin seeks to address this problem using "sublinear" signatures, but they really only defer the problem because, for a typical ring size, it only reduces by a constant factor (about 2/3 reduction for the typical scenario). That's actually an amazing improvement, if it can be done, but it doesn't solve the problem completely.

The other solution to very strong anonymity is zerocoin/zerocash, which is still vaporware. It is promised for anoncoin, but as yet undelivered. It has a very real problem that some information required to seed the so-called Merkle tree needs to be destroyed. These systems therefore trust a "third party" (non-participant) to seed the Merkle tree and then destroy the information completely. The problem with zerocoin/zerocash, therefore is this aspect of trust.

The third solution is stealth addresses, which actually provide very good anonymity. A stealth address hides the recipient of a transaction completely. It does not hide the sender, though, so it leaks a lot of information about the transaction. But if you are missing every other dot in a transaction chain, it becomes very hard to connect them to make a clear picture. A huge advantage that stealth address transactions have over the other systems is that they require no more storage than a bitcoin transaction. So stealth addresses are a compromise, but in reality an excellent compromise. These work perfectly in SSD.

SSD is unique in that it is the first coin that offers anonymous transactions (stealth addresses) with anonymous networking (tor). Because of that combination, I call it the "most anonymous coin". That's a qualitative assessment, but in my opinion it is a fair one.

I hope that helps. And if I didn't convince you, feel free to dump into my buy orders.
828  Other / Archival / Re: delete on: September 18, 2014, 03:55:14 AM
To create something out of nothing would violate the first law of thermodynamics.

Johnny Mnemonic, meet the U.S. Treasury, a place where the laws of physics do not apply.


Read my post again. Notice I said "decentralized free market". Fiat money is given value by force. That doesn't work in a decentralized market.

You say smart things, but you don't recognize humor.
829  Other / Archival / Re: delete on: September 18, 2014, 03:53:53 AM
Not quite true, proof of work exists in the electricity and mechanics of printing paper money. Come on man, you should know the earth is a closed system and energy is neither lost or created.......just transferred. This is called proof of work.

"Electricity and mechanics of printing paper money."  Cheesy

What, are you living in the 1870s?

Today they "print money" by adding ledger entries.
830  Other / Archival / Re: delete on: September 18, 2014, 02:49:00 AM
To create something out of nothing would violate the first law of thermodynamics.

Johnny Mnemonic, meet the U.S. Treasury, a place where the laws of physics do not apply.
831  Other / Archival / Re: delete on: September 18, 2014, 02:47:23 AM
If Monero solved all current problems with cryptocoins, was the most innovative alt coin, made everyone millionaires, achieved world peace, and could shoot gold bullion out of its ass, I would still feel the same way.

Be honest with yourself. You'd feel differently if it could shoot gold bullion out of its ass. We all would.
832  Other / Archival / Re: delete on: September 18, 2014, 01:48:49 AM
So the whole point of the fud post is to get back at people making hype posts?

What a fucking waste of time.
833  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [SSD] SonicScrewdriver - First coin over TOR with functional anon send - 0% prem on: September 17, 2014, 11:21:26 PM
I'm a little surprised at the amount of the selloff.  I think people will regret not having a little more faith in argakiig.

They will feel the regret as they are buying back in at a loss.
834  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XST] Stealth-Coin.com | Tor | StealthText, World's first anonymous SMS Tx! on: September 17, 2014, 11:12:29 PM
Huston, monero has a problem: https://bitcointalk.org/index.php?topic=786201.msg8862498#msg8862498

Beginning to see 7 digits for stealthcoin...

If this is true, affects all coins using ring signatures.


It's not verifiable because no specific claims were made nor was any evidence provided to support any claims. So "true" or "false" can not apply in this case.
835  Other / Archival / Re: delete on: September 17, 2014, 11:00:21 PM
In XMR there exist a flaw involving the keyrings that under the right conditions will allow an attacker to steal your wallets and hijack your addresses. To fix this, anonymity will need to be sacrificed.

The bullshit part is in bold (well it's all bullshit). There may be an exploit in XMR that may work under some theoretical circumstances, but unless Ronald Rivest and Adi Shamir (the R & S from RSA cryptography) screwed up in a way that has not been detected by everyone in the field of cryptography, there is no need to sacrifice anonymity for "keyrings" (i.e. the ring signature system).

And the part about hijacking addresses is laughable too. Signatures and derivative keys in these systems come from cryptographic one way functions. The implementation of these functions are easy to test using known inputs and reference implementations. So, to reverse engineer a signature or derivative key is impossible with current technology except in cases of weak keys.

BCX probably killed coins, but judging from his assertions, any success is more likely related to the mining power at his disposal than with any specific insight into cryptography.


It is possible it is not a problem with RSA itself but in the way it was implemented in CN coins, no?

Yeah. So fix the implementation (if broken) and you get anonymity. (Note: RSA is not the same as ring signatures.)

836  Other / Archival / Re: delete on: September 17, 2014, 10:53:54 PM
In XMR there exist a flaw involving the keyrings that under the right conditions will allow an attacker to steal your wallets and hijack your addresses. To fix this, anonymity will need to be sacrificed.

The bullshit part is in bold (well it's all bullshit). There may be an exploit in XMR that may work under some theoretical circumstances, but unless Ronald Rivest and Adi Shamir (the R & S from RSA cryptography) screwed up in a way that has not been detected by everyone in the field of cryptography, there is no need to sacrifice anonymity for "keyrings" (i.e. the ring signature system).

And the part about hijacking addresses is laughable too. Signatures and derivative keys in these systems come from cryptographic one way functions. The implementation of these functions are easy to test using known inputs and reference implementations. So, to reverse engineer a signature or derivative key is impossible with current technology except in cases of weak keys.

BCX probably killed coins, but judging from his assertions, any success is more likely related to the mining power at his disposal than with any specific insight into cryptography.
837  Other / Archival / Re: delete on: September 17, 2014, 10:39:25 PM
+100 & amen brother ... This has to be the most moronic panic dump i've ever seen.... about what? FUD, not even the real attack killed the price so hard. this guy BCX is full of it IMO, so BCX - Put up the proof or GTFO you soul-less, obviously extremely butt-hurt of a person against JUST monero, when you claim this bug affects all CN coins... What a fool...

Some people have a bad case of troll fever.

838  Other / Archival / Re: delete on: September 17, 2014, 10:37:28 PM


if you followed bcx closely for the last few years - you'd understand why.  mark my words - if he ever views monero or any other PoW as a threat to LTC god have mercy on it's soul.

Word! What has me concerned is the lack of any response from any the xmr team refuting this. Seems to me if not true they would debunk this asap.

There is a tiny teapot orbiting the sun. It is too small to see with any telescope, nor can we get close enough to the sun to detect it.

Now, what has me concerned is the lack of any response form any astronomer refuting this. Seems to me if not true they would debunk this asap.
839  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XST] Stealth-Coin.com | Tor | StealthText, World's first anonymous SMS Tx! on: September 17, 2014, 09:50:34 PM
^ Dumb goose telling me i have no valid points while i'm exposing that fucking lunatic for lying like a piece of human trash about Stealthcoin being the first to implement TOR. Ok, son... have fun with your pump and dump. I would not advise you to leave me on ignore though. You never know when i might be able to save you from bagholding.

The more hyperbolic you get, the more you look like the clown you are.

Bark clown bark.
840  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XST] Stealth-Coin.com | Tor | StealthText, World's first anonymous SMS Tx! on: September 17, 2014, 09:49:20 PM
How the fuck did you managed to stay alive for this long, dumb bitch ?

Every wallet of every shitcoin can be set to use the TOR exit nodes by pointing it to "127.0.0.1 port 9050" in the settings tab. The only thing is that you have to open vidalia and connect manually, but coins like XC, Vericoin and Razor already implemented TOR into their wallets thus eliminating any manual operation.

Also, SMS ? Hahaahahah. Are we going back in time 3-4 months ? I thought that the fad died. Vericoin implemented it along with a great amount of other shitcoins.

This is getting hilarious, but anyway, i will keep my mouth shut for a while. I don't want to destroy this piece of shit while it's on its infancy. I want to have fun for a longer period of time.

You are mad because you feel scammed from the past, but just remember this: YOU GOT SCAMMED BECAUSE YOU ARE STUPID.

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