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1  Alternate cryptocurrencies / Altcoin Discussion / Re: An altcoin idea that I will propably never go through with on: April 02, 2018, 09:55:41 PM
Thanks for your feedback! I also think that an app specifically targeted to this purpose could be a potential success and I'm actually quite surprised that nobody has done it yet (as you said, there are a few projects that have some crossing surface but don't target this sector exclusively).

It's a shame that I don't know how to start a project as big as this. I would really like to see this come to fruition because it could potentially be the thing that makes crypto useful for the common user. I admit there are a lot of projects that do tie crypto to actual services, but I believe that sex is the one people want and need instead of it being mere curiosity.
2  Alternate cryptocurrencies / Altcoin Discussion / An altcoin idea that I will propably never go through with on: March 31, 2018, 11:33:51 AM
Hey,

I'm just your regular crypto investors that uses bitcointalk mostly to smell for some new opportunities and to stay ahead in the information warfare. I haven't done any actual coding on anything related to cryptos, and thats why it's unlikely I'm able to do anything with this idea. I'll just share it here to keep new ideas flowing in the industry.

The whole idea would be about having a system like Steemit but it would be focused on sex industry. It would reward people for writing, or recording themselves telling the stories and reward the ones that are liked by the consumers. There are a lot of amateur writers sharing their content for free on the net and I think adding the audio would bring another level to the experience for those who'd like to listen rather than read.

What do you think. Would there be any market for an app such as this out there? Or is there already something that offers a similar service released?
3  Bitcoin / Bitcoin Discussion / Re: Proof of area, an idea that uses geological IP as consensus mechanism on: August 05, 2016, 08:41:23 PM
trying to say that someone is only able to mine or use bitcoin because he is not in a large populous area is bad.

think about it.
imagine there was a concentration of users in 10 different locations.
new york, london, sydney, tokyo, etc

...

It's not really as bad a problem as it might sound at first because mining wouldn't require huge amounts of computing power and the reward would be split among everyone residing in the area. The only drawback would be that you'd get a smaller split of the coins, but I don't think that would be a problem for a regular user. It would actually make "professional mining" much harder.
4  Bitcoin / Bitcoin Discussion / Re: Proof of area, an idea that uses geological IP as consensus mechanism on: July 31, 2016, 04:54:49 AM
It is generally trivial to control a nearly unlimited number of IP addresses that are diverse both geographically and otherwise. It is often difficult to tell that these IP addresses are that of a VPN.

There is also the issue of who "decides" where each IP address geolocates to. You would need some kind of central authority to decide this.

It's true that botnets would be powerful attack tools because with this system because every device is equal and only the geographical position matters. I wonder what effect the scale of the regions would have, for instance if the scale of the region would be as big as 1000KM2 or 10000KM2. The big question would be if the botnet attacking would be more diversified than the legit nodes (if the network would attract an attack from a huge botnet before the legit nodes spread out enough).

The VPNs aren't actually that big of a problem, because every node funneled through a VPN would be included to the region the VPN provider dwells in.

The issue with geolocation might be the hardest to solve. I have no idea how that could be solved in decentralized fashion unfortunately.
5  Bitcoin / Bitcoin Discussion / Re: Proof of area, an idea that uses geological IP as consensus mechanism on: July 31, 2016, 04:07:51 AM
what will it be? does this suppose to be  something like block chain? poa instead of pow? any one uses tor?

It would be kinda like a delegated PoW because the first hard problem would be easily solved only be the nodes in a certain region, but the second and easy problem would be solved in seconds by the nodes dwelling in the chosen region.
6  Bitcoin / Bitcoin Discussion / Proof of area, an idea that uses geological IP as consensus mechanism on: July 31, 2016, 03:48:38 AM
First things first. This is only a rough idea I came up after thinking about the problems that might crop up with PoW and PoS algorithms because tokens and hashing power can both be bought quite easily, which might result into a certain party owning the sovereignty of the network. I'm not sure if an idea such as this has been discussed before nor if it's technologically feasible or if it's even useful at all. I might be ignoring some crucial parts here so you can feel free to point them out and give your own opinions.

I believe that a system that expanses it's "pool of workers" only when new geological regions are added might solve this problem because single region can have multiple nodes, but it still only counts as one worker.  Most of the urbanized, and less urbanized, areas are inhabited by the people, not the banksters or the elite so it would make sense to let those people create a consensus by the area they cover rather than the hashing power or money they have.

The rough outline would be something like this

The network

-Regions based on geological IP which all have their own ID's
-Each area will be recorded on chain as long as there is one node in it
-Each region forms a small network which exchanges region spesific information (such as the ID and private key)
-Nodes in area each share an area specific private key
-Once a block is found the new block will contain a stong encryption done by another regions public key
-Weak encryption (should only take seconds to decrypt without key) will be solved by all the nodes in the region and fastest one claims the block
-When the block is created, the creator sends a poll to a public multicast address
-If no response is recieved from an existing region during the listening time the region is dropped off
-If there are new regions they are added to the chain by a response to the poll

The nodes

-A new node joining the network will probe for an existing area for it's geological IP
-If found he will be given the area specific private key
-If not found it creates a region specific key combination and sends the new region information

The reward system

-A reward is always split by the creator of the block and "invaders" (the other nodes dwelling in the same region)
-The amount could be split either equally or by the geological proximity to the creator

Problems I came up with:

How to differentiate neighboring/overlapping regions?
Is all the information exchange feasible to do securely?
What if a region is lost right when a new block lands on it?
Can an entity easily procure enough nodes in the majority of the regions, or create enough regions to hijack the network?
The effects of tunneling (VPN)?
The mobile miners?
If a new list is required to be made every time a region is added/dropped the chain can easily be bloated. Maybe add every single region individually, include the block number to the ID (so that the chain can be easily searched after the listing moment to check if it's been dropped) and have a cooldown period of certain number of blocks before the same IP can relist a region?

7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 24, 2014, 05:55:02 AM

20 BTC LMAO. That's great... I don't care, you'll lose it anywhere you put it.. Even in cloak, you'll panic sell on a dip and lose 40%.

Cheesy

#StrongHands!

It's no wonder that CLOAK is going down since it's advocates all tell potential investors to fuck off. You don't also need to worry about me, I'm doing fairly well in trading these days
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 24, 2014, 05:43:16 AM
Yup, this looks eerily similar to Blackcoin. I called this out when Wiz and IconicExpert got involved. History tends to repeat itself.

It should be noted though that the ethereum IPO is likely sucking BTC out of just about every market today. I still can't believe how much money is being thrown at that thing... I'm going to guess a LOT of people will get burned on ethereum. I mean, did people even read the clause in their disclaimer which states they have no legal obligation to complete the project?

yep seems like it, 6000 BTC thrown at it so far....  with how it goes down by such a small margin as well plenty of time to wait before buying for investing anyways.


6000 or some less buyers, 8000 views on that video on the homepage... kinda smells like a cluster of wishful thinkers on something with zero reach

If you haven't noticed that it's exactly the wishful thinkers who make the value for a coin it's your loss. The amount of bitcoin flowing into ethereum should give you some indication of how big it will be. Even if the features won't be as big as promised it will still have market cap close to ripple.

You could also say that it's philosophy is quite close to VRC in fact since the developers are known and they have a clear vision. In addition it seems professional which is essential in earning investors trust so please don't lie to yourself and say that ethereum "has no reach". Either way I only invested as much as I can afford to lose, just in case that some dramatic happens and they aren't able to pull it off.

PS. I am now closely watching VRC for the best time to buy back in

Ive been buying at 21K, once the dump is over and coin is in more appropriate hands the prices will stably rise back to normal. The problem most people run into is the fear and panic making them dump with the whales, rather than letting them play and wait.
Or, the smart people are walking away from this sham of a blockchain...

You can say that again. This coin is a pure sham!



Can you please stop tiring my eyes. Your posts have no substance and only thing they made me sure of is to invest my bitcoins to something else then cloak

Nobody cares what you think.. You have 7 posts! GTFOH noob!

I think you care. I have 20 bitcoins ready to go to alts including CLOAK, VRC and ethereum. Thanks to you CLOAK won't be one of my investments
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS on: July 24, 2014, 05:34:49 AM
Ive been buying at 21K, once the dump is over and coin is in more appropriate hands the prices will stably rise back to normal. The problem most people run into is the fear and panic making them dump with the whales, rather than letting them play and wait.
Or, the smart people are walking away from this sham of a blockchain...

You can say that again. This coin is a pure sham!



Can you please stop tiring my eyes. Your posts have no substance and the only thing they have made me sure of is to invest my bitcoins to something else then cloak
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON on: June 27, 2014, 03:58:21 PM
Can't people dump it back to 30k? Want some cheap vericoins
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON on: June 26, 2014, 08:32:35 PM
How come that immediately after someone dumps to 28k it starts a buy frenzy up to 30k
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON on: June 25, 2014, 04:22:48 PM
Is it just me or did someone dump(d) like 80 btc in one go about 20 minutes ago?
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON on: June 25, 2014, 04:06:40 PM
I love this coin, but let's be frank here about veribit for a second.

It's definitely not something you want to use when you intend to be anonymous. You're sending VRC from your wallet through a centralized service to make your payment. You can *never* rely on a centralized service for anonymity because you don't know what records they're keeping. Even if they tell you they aren't keeping any records, there's no way to know that's true.


Veribit is a handy feature, and one I could see myself using.  But be aware that you can't depend on it preserving anonymity.

That is why while using veribit, your transactions are always sent using verisend
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON on: June 24, 2014, 11:03:26 AM
Has anyone tried if veribit works with robocoins' bitcoin ATMs? Is it possible to withdraw FIAT from them with vericoins?

VeriBit works for anything that uses a BitCoin address. We are currently rewriting it right now so sends will be as fast as Bitcoin transactions.

This is great. Now if somebody could, for example, take a video of him using veribit to withdraw FIAT out of a bitcoin ATM and post it to youtube, it could help people to understand the perks of using veribit.
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON on: June 24, 2014, 10:53:59 AM
Has anyone tried if veribit works with robocoins' bitcoin ATMs? Is it possible to withdraw FIAT from them with vericoins?
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