Bid accepted. These items go to the best price received two hours after the highest bid (starting with yours).

If only 1% of transactions are used for anonymity you will have massive timing anonymity leaks and such. If you take transparent coins, convert to anon, pay someone, and he converts back (both of which are logical if most commerce is taking place non-anonymously) then the whole thing is quite obviously traceable.

I don't really see much advantage to a coin that is 99% transparent, and definitely see disadvantages. Just use Bitcoin, or if you really want PoS, use whatever is the leading PoS coin, probably BitShares I guess. BitShares has stealth addresses by the way.


It does not. The creation and destruction process is entirely transparent.

Major auction of many Smooth QC assets

https://bitcointalk.org/index.php?topic=973099.0

Smooth QC is complete

Useful references: Crypto Kingdom thread, CKG thread

After quarrying tens of millions of stone as one of if not the largest commercial entity in the game, Smooth QC is liquidating at the conclusion of the ancient era. This is a great opportunity to acquire prime assets in the game prior to the (expected to be soon) opening of the online playable version and the listing of CKG on a major crypto exchange.

The auction will commence immediately with delivery in 0-2 game years (assets/characters which are still in use at the quarry site will be delayed until quarrying is complete in 2 game years; other assets will be delivered immediately upon sale). 1 game year = 1 real day. and delivery is immediate upon closing of bids and payment.

Please read the rules of the auction carefully.  Items will be sold individually by lot. Minimum bids will decline by 25% of the original price on all assets at every 24 hour interval after this post. If an offer is received, a best-price auction period will commence, during which the highest offer posted within two hours of the previous high offer will prevail. Offers must increase the price by a minimum of 3% of the previous bid price. Prices are stated in and payment to be made using in-game "moneritos", or may be made using out-of-game BTC or XMR which will be be converted to in-game at 5% service charge. 1 XMR = 1 million moneratos. BTC exchange rate by market. All payment will be sent first. Check my trust ratings and don't participate if you don't trust me.


Added item (active)

Lot 17: 72 SCI points more info


Sold

Lot 1: 500 CKG - 370,000/CKG SOLD
Lot 2: Land and buildings 2-NW-K8 (12q). Rental income producing - 500 million WITHDRAWN
Lot 3: Quarry site 5-E (150q). Undeveloped land. 900 million. SOLD
Lot 4: Land and buildings 3-W-C3 (8q). Rental income producing - 600 million 450 million
Lot 5: 8 million stone. Stone delivered in its present location (see STONE db) - 60/stone SOLD
Lot 6: 22 drills. - 4m/drill 3m/drill SOLD
Lot 7: MGR-5. Highest level (most productive) manager character in the game - 40 million SOLD
Lot 8: 2x MGR-4 - 48 million SOLD
Lot 9: 2x MGR-3 - 24 million 18 million SOLD
Lot 10: 4x ASS-3. Highest level (most productive) assistant character in the game; only ASS that also yields mgr points - 24 million SOLD
Lot 11: 4x ASS-3. Highest level (most productive) assistant character in the game; only ASS that also yields mgr points - 24 million SOLD
Lot 12: 4x ASS-2 - 12.8 million SOLD
Lot 13: SPE-4 - 24 million SOLD
Lot 14: 5x SPE-3 - 60 million SOLD
Lot 15: SPE-2 - 6.4 million 4.8 million SOLD
Lot 16: 4 shares THC - 4.52 million SOLD

Subject to correction of errors.




EDIT: typos, add references, define game year, delivery on all items is immediate upon payment

Not ever because of the minimum maintenance reward of <1%/year. But it will certainly take a long time at that rate to add up to a lot (> 70 years to double).

Yes and yes.

Then you are quite confused because cryptonote includes (cryptonote paper sections):

a) ring sigs (4.4)

b) dual-key stealth addresses (4.3)

c) nizkp (4.4, under 2nd heading "SIG")

Shadow's implementation is a warmed-over reimplementation using different elliptic curve paramters. That's analogous to (and about as substantive as) using hexadecimal instead of octal for arithmetic.

I don't know about this Zeuner guy. He might be an expert, but I've seen no evidence of it.

Thank you to all recent donators on behalf of the core team and the entire Monero community!

Yes it could be incorporated but its not something to jump into, especially given the modest gain. Any cryptographic scheme, even small modifications to one, needs a lot of peer review and scrutiny before being ready for adoption.

Now by contrast something that made ring signatures fixed (modest) size, that would be quite something. You still wouldn't want to rush into it, but studying it and carefully reviewing it would be a matter of more urgency.

He came up with a way to make cryptonote ring signatures about half the size (for larger rings; for smaller rings it is larger) and twice as fast to verify.

This does not explain:


I can imagine how it might be possible but without more transparency on the entire process including investment and leverage changes you aren't going to restore confidence. Another possibility is that wpalczynski is mistaken and that didn't happen. Either way, please document it.

Just posting log files on a one time basis to put out the fire now is not good enough either, they need to be available ongoing.

For this interested in buying large amounts of land inexpensively, Smooth Quarry Corp has consistently auctioned off its quarry sites  once quarring is complete. This will also be the case for the current site at 5-E as well, in a few years. The last one sold for 900 million, if I recall correctly, or only 6 million/q.

I totally agree that more transparency about the process and effect of investment and leverage changes is definitely needed. I've told Bobbax that this is the only thing I think will enable to him to retain both a leverage feature and some degree of user confidence. This is just my opinion though, ultimately it is his call what if anything to do here.

Yes that's right. There might be some anti-spam rules about very, very small outputs that can be removed later if necessary. The full 12 digits are pretty silly right now, and maybe always (Bitcoin's 8 seems enough even with hypothetically trillions of dollars in capitalization), but in principle that are at least standardized and can be mixed if they are being used at all.

Tourism is an export product.

Probably countries like Greece that have nice islands, beaches, history, etc. would be better off focusing on having an efficient tourism industry than trying to do things that China does better.

You're mistaken; leverage doesn't work the way you think it does.

With 100x leverage "the house" only needs to lose 1% against the bettors for investors to lose 100% of their investment. Even with an edge, the house being down 1% will happen frequently.

Leverage is dangerous and the effects are in many some ways non-intuitive. Don't leverage at 100x if you don't want to lose all your investment sooner or latter. The 1% edge will not save you. On the other hand, I'm not opposed to 100x leverage if people are well informed about the risks they are taking. For example, it may make very good sense to do that if only a small portion of your overall capital is not invested on the site at any one time. (This was the original stated purpose of the feature at j-d, where it is called "offsite".)

When people have asked me I have said that anything above 2x or 4x leverage is risky and requires exceptionally good judgement and very keen understanding of the system to pull off successfully. This has been borne out.

EDIT: again, this is not an endorsement of the site. I have no idea if there are bugs, exploits, fraud (internal or external), etc.

This is not really true. I think just-dice ran at a loss for a long time, on much bigger volume. What tends to happen is that there are relatively few very large bets that account for most of the action, so even though there are millions of bets, most of those don't really count at all for variance purposes (weighted average of which is by x²).

EDIT: This is not an endorsement of the site. I have no idea if there are bugs, exploits, fraud (internal or external), etc. I'm just saying that with a 1% edge and varying bet sizes, the effect of luck is more than you may expect.

Distributing anything IRL is often not easy. In theory sure, but in practice there is always fraud and abuse, sometime on a national or larger scale.

Controlled inflation works reasonably well for the blockchain case. I happen not to believe you should be able to sit on an asset and be guaranteed X% of the monetary base in perpetuity. (In fact I would say this guarantees that the relevant monetary base will shrink) Others disagree on that clearly though.

I was including laptops. Computing is moving almost entirely to mobile (including broadly tablets and chromebooks) and the cloud. More mobile devices are sold every year than the installed base of computers, and the former is still growing (the latter not significantly). The cloud runs on Linux almost entirely, although in most cases the end user has no access to that. But at least the operator/provider of the service isn't running a spyware OS. They will often be running in a spyware virtual machine though.

Overall it is a rather bleak picture in Orwellian terms, but it is important not to focus too much on one increasingly narrow segment at the expense of understanding the entire landscape.