And where do you buy your fiat tokens? 

In theory, bitcoin could incorporate any feature from any codebase.  It could move to cryptonote even, if a consensus majority agreed.  Which they never would, for obvious reasons  

Your arguments suggest that coins are always in direct competition with one another, which is not necessarily the case.  You also suggest that building services for little-used coins is more profitable than building services which have a large number of existing potential customers.  The only reason this would be the case is if you plan to design services of such low quality that they can't compete. 

   

OK I'll bite.  Please enlighten us as to what the obvious reasons are that software projects or communication protocols which build on bitcoin tend towards the not worthwhile. 

Total cluelessness noted. 

Bitcoin is already the most regulated currency ever to exist.  ALL new coin issuance, and ALL transactions are fully transparent and regulated by all participants and any and all citizens of the planet. 

So, regulation is the beginning not the end, and always has been the core of bitcoin's strength. 

However, this obvious fact assumes that we use the meaning of words as they are described by dictionaries. 


I am well aware that many times words have hidden meanings, and in the case of "regulated" we sometimes mean, subject to a criminal psychopathic heirarchy and immediate change using the tools of fear by anyone who would so choose to use them. 

Public coin is like the moon (please excuse the common analogy).  The motion is perfectly regulated by well known and documented natural law.  However, there is no way for me when i am on some tragic pharmaceutical downturn to threaten anyone with violence, blackmail, etc.  to effect its motion.  Hence:  "unregulated".   And so it will stay. 

 

Yes, we all know that codebases which are more buggy and less well tested are generally more likely to "go somewhere". 

That sounds good to me.  In my experience it was something a bit under 1Mh/s per cpu, down to half a MH/s per cpu on a cheap VPS virualized CPU.    Experienced miners and choppers will know more than I do. 

Hmm that reminds me of another coin, I just can't remember the name.  

Edit:  I remembered!  It is "bitcoin". 

Well I guess you all know the deal.  

If you can build the bigger chainsaw, you're a full stack logger.  After the stealth GPU chopping (chainsaw + silencer?) we will see some public GPU codes, then we probably will see the FPGAs, and eventually the ASICs.  Every successful algo goes down this path, but people are still releasing claims of "asic proof" coins etc. etc.  We are still a very modest community here, with a market cap of 20 BTC or so.      
    

Actually the real point of today's post is to let you know there is a new block explorer:

http://altcoinguys.blockexperts.com/log


And a new Windows wallet binary, if anybody cares to test it or scan it I would be very grateful.  

Alt-Coin-Services:
https://mega.co.nz/#!M0ZBHYzA!IRbvOcAWQCnfdVPNQT0ZUsn_JwK0N0MGHRr4GpL-V54
  
Have a good weekend --   funkenstein the dwarf

*applause*
Ad Astra!

There's a lot to cover isn't there.  I'd also like to see discussion of the choice of DSA.  Is cryptonote necessarily not limited in blocksize?  I thought pooled mining was basically the same?  Colored coins aren't going to work are they.  

Basically some guys got together and decided that bitcoin addresses are way too easy to remember and type, and bitcoin is just way too light on resources like memory, CPU, bandwidth and hard drive.  Also it just didn't seem sketchy enough in it's history, and the infrastrucure seemed too developed and easy to use.   So they got together and made cryptonote for us.  As a fan of cryptographic diversity I must give mad props to Nicolas van Saberhagen.  If fiat is the galactic empire and Satoshi is Seldon, cryptonote is second foundation.   

I have updated and simplified the interface.  Now new keypairs are generated by javascript in the browser. 

If you wish to avoid that of course you can craft your own code, but I figure the purpose of this site is to make this process as simple as possible. 

More feedback please! 

lol  Well I saw the hash rate (diff. at ATH right now) and I thought maybe somebody made a GPU miner?  But looking at the pools, it looks like this could just be CPU miners.    

  

The International Campaign to STOP GE Trees, Dogwood Alliance & Biofuelwatch

New York (29 Jan. 2015) ­– Groups from around the world [1] today joined together to denounce the US government for allowing the first genetically engineered tree, a loblolly pine, to be legalized with no government or public oversight, with no assessment of their risks to the public or the environment, and without regard to overwhelming public opposition to GE trees.

A secret letter from the USDA to GE tree company ArborGen [2], dated last August, was recently exposed by scientist Doug Gurian-Sherman of the Center for Food Safety [3]. In this letter, the USDA made the unprecedented decision to allow ArborGen to pursue unregulated commercial cultivation of a loblolly pine genetically engineered for altered wood composition. These trees could be planted anywhere in the US, without public knowledge or access to information about them.

Gurian-Sherman argues the USDA “is deliberately thumbing its nose at the public” with this decision, pointing out that this is probably the biggest environmental regulatory change in the US since the early 1990s [4].

Loblolly pines are native across 14 states throughout the US Southeast, and are grown in plantations around the world. Their pollen is known to travel for hundreds of miles.

“If these GE loblolly pines are released on a large scale in the US, there will be no way to stop them from cross contaminating native loblolly pines,” said biologist Dr. Rachel Smolker of Biofuelwatch. “This is deliberate, irreversible and completely irresponsible contamination of the environment with unknown and possibly devastating consequences. Forest ecosystems are barely understood, and the introduction of trees with genes for modified wood characteristics could have all manner of negative impacts on soils, fungi, insects, wildlife, songbirds, and public health. And all this for short term commercial profit.”

Many are also worried about the international implications of this USDA decision. Winnie Overbeek, International Coordinator of the Uruguay-based World Rainforest Movement states, “We are greatly concerned that these unregulated GE pines could be shipped to Brazil or other countries without public, or maybe even government, knowledge, further promoting the expansion of industrial tree plantations in the Global South. This contributes to deforestation and affects indigenous and peasant communities worldwide who depend on forests for survival.”

Global Justice Ecology Project’s Ruddy Turnstone from Florida remarks, “ArborGen and the government may think they have won this round, but there is already a huge anti-GMO movement. There are also forest protection groups, Indigenous Peoples, birders, foresters, scientists, parents, hikers, and many others who do not want the forests contaminated by GE trees. A great many of them will take action to ensure these trees are never planted.”

In 2013, when the USDA called for public comments on another ArborGen request to commercialize a GE Eucalyptus tree (a decision still pending), they received comments at the rate of 10,000 to one opposing the industry request. By simply refusing to regulate this new GE pine, the USDA has cut the public out of the process completely.  In 2013, a conference on Tree Biotechnology in Asheville, NC was disrupted for its entire 5 days by anti-GE tree activists, and there were multiple arrests.

The Campaign to STOP GE Trees is an international alliance of organizations mobilized to protect forests and biodiversity and to support communities threatened by the dangerous release of genetically engineered trees into the environment.

I've also been working on an escrow project, unrelated to woodcoin at the moment apart from the involvement by your humble vertically challenged developer:

2crow.org.

Looking for comments and criticisms so sharing the URL here.  Thanks!  -- ftd

Thanks, it is hosted with namecheap.  I will consider moving it to a dedicated VPS. 

I'll also throw the README here for some background:

       2crow
    _          _
   /.)        (.\
  /)\|        |/(\
 //)/          \(\\
/'"^"          "^"`\


Normal commerce has the following three steps:

     1) Merchant prepares an address and sends it to customer

     2) Customer sends coin to the address

     3) Merchant checks receipt and ships / delivers

 
2Crow seeks to eliminate a failure mode of this process, in which
the merchant does not ship.  It does so by using a 2 of 2 multisig
escrow address controlled by both customer and merchant.  The new flow:

     1) Merchant prepares half a 2crow address and sends to customer as 2crow code.

     2) Customer creates second half of 2crow escrow address and sends funds,
        giving the merchant the address and a new 2crow code.

     3) Merchant checks funds are sent, ships, and prepares a TX
        sending it to customer for finalizing as a new 2crow code.

     4) Customer receives goods and then signs the finalizing TX.
        Funds are now moved from the 2crow escrow to merchant's
   private account.

Failure Modes:

1) Merchant disappears.

The merchant cannot take the funds before the customer finalizes.  However
they could still disappear for a variety of reasons.  In this case the
funds in escrow are lost.  Nobody can touch them unless both parties agree
and sign a TX moving funds from escrow. 

2) Customer disappears.

The customer commits their funds in step 2.  However if the customer
disappears before finalizing step 4, all funds are lost.  Nobody can touch them
unless both parties agree.  The customer has no financial incentive not
to finalize if the goods are shipped.  However, an addition of a customer
deposit could help eliminate this failure mode.       

3) Escrow compromised

Some escrow services include control by a third party.  In these cases,
there is a danger that the third party will disappear with the
funds.  With 2crow this is eliminated.

With 2crow, a third party attacker needs to compromise the secrecy of both the customer
and the merchant to steal the funds.  This cannot be done by intercepting
the 2crow codes in standard communication.  It could only be accomplished
by taking the private keys of both the customer and the merchant.  This mode
is extremely unlikely, as any attacker who could perform such compromise
would likely just empty the individual private wallets of customer and merchant and
not bother with waiting for an escrow transaction to occur. 


Refunds

As long as the merchant and customer agree, anything they like can happen
to the funds in escrow.  By placing a customer controlled adress in the
"final address" field of step 3, the merchant can issue a refund before
finalizing has occured. 

Thanks for your reply
hmm.. that is odd, where are you pinging from?

If this host causes timeout difficulty I will move it. 

You can also view the site as follows:

git clone https://github.com/funkshelper/2crow.git
cd 2crow
firefox index.html &

Cheers --   

whoops sorry.. while we bring the insight explorer back use multifaucet.tk in the meantime for block explorer.  6.8 million LOG outstanding.

EDIT: about half a million of those LOG have been returned to the forest at address  WeHonorTheForestsAndTheTrees4pPXTQ
Some people call that a "burn" but we don't like that terminology here for obvious reasons.