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1  Alternate cryptocurrencies / Altcoin Discussion / Re: PPC is how you do PoS fairly, Sunny King should be applauded, NXT is a scam copy on: June 15, 2014, 07:21:35 PM
That Peershares things looks like vaporware that hopes to someday copy what NXT already has.  Is it not?

https://github.com/Peershares/Peershares/releases

The Peershares template has already been released, so there's nothing "vaporware" about it. I know of a couple of implementations that are running, but none that are publicly available on an exchange at this point.

Coincidentally, it was announced on the same day that NXT was announced, and you'd be hard pressed to really consider them competitors at this point, because they are intended to address different use cases.

2  Alternate cryptocurrencies / Altcoin Discussion / Re: For Any Litecoiners Considering Switching Because of the Recent 51% Scare... on: May 22, 2014, 03:25:16 AM
Peercoin uses centrally broadcast checkpoints to secure the network from the "nothing at risk" problem inherent in PoS?  You talk about trust but the entire decentralized network works only with implicit trust in the developer.  If the developer (by coercion, threat of violence, or for his own personal gain) broadcast checkpoints which supports a shorter chain all clients would jump to that chain immediately.

If I've understood your previous positions on the matter, correctly, is it safe to say that you feel that checkpoints aren't inherently a bad thing, but if those checkpoints are "real-time," vs. reactionary (for security), that's when it crosses the line?

For the typical user of cryptocurrencies today, and into the future, the "implicit trust in the developer" may be enough. There are a very small number of people in the World that actually understand how this all works -- if it looks like it's a good idea, people will gravitate to it. Do you know how your bank's back-end system is set up? Do you trust that it works?

I agree with you that a World without checkpoints would be infinitely better than a World with them, but all things considered, if they are a concern for Peercoin, it only should follow that they are a concern (though maybe slightly less) for Bitcoin, right?
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][YINYANG] ★★Yin & Yang Coin - Distributing Coins to Everyone in Crypto! on: March 15, 2014, 05:46:59 PM
Nodes (via a PM with YinCoinYangCoin):

155.210.85.73
184.154.116
96.241.43.48

These are the same for YinCoin and YangCoin.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][YINYANG] ★★Yin & Yang Coin - Distributing Coins to Everyone in Crypto! on: March 14, 2014, 02:22:35 AM
Is there a current node list available? Running the daemon alone isn't (so far) locating any available connections on the network.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PROBE] Rare,Exotic QRK Algo+Proof of Stake+KGW *NO PREMINE* Only 3.9M on: March 11, 2014, 12:12:54 AM
ex_mac, is there an issue with the pool's mailer? I don't see a validation email and the support link isn't working. I'd like to keep mining on the pool, but if there's not way to add a withdrawal address...

Thanks
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin, "Satoshi", NSA. on: March 07, 2014, 01:57:58 AM
NSA paper, 1996: “How To Make A Mint: The Cryptography of Anonymous Electronic Cash”.

Do you have a link to a place where this paper can be read that's hosted by a credible and verifiable source?

Edit: Found it following that link above. Here it is: http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
7  Alternate cryptocurrencies / Mining (Altcoins) / Re: MaxCoin | CPU Cloud Mining Guide | MAX VPS // Prep for TODAY'S RELEASE /7:30 GMT on: February 06, 2014, 10:18:14 PM
Unless the maxcoind process is hiding, I'm not seeing it when I run:

Code:
ps x

Unfortunately, I'm still seeing the "error: couldn't connect to server" message.

Any advice?
8  Economy / Scam Accusations / Re: Butterflylabs Huge SCAM on: January 09, 2014, 09:50:18 PM
So you think your asic will give you positive ROI how fast?

ROI is a funny thing. So far I have paid about £1000 for my various miners (erupter usb, blades, and 3 jally), and have made over 3 btc...at today's price £2100.
However, if I calculate the ROI for any individual asic I am always seriously disappointed.

I'm in a similar boat -- I'm above break-even, but my ROI was significantly lower than what I'd imagined when I placed my order in April, 2013. All things considered, having my BFL's have given me the ability to mine and contribute back to the network. I'm still trying to decide if I'll just deprecate the units I have until they aren't worth running due to energy costs, or if it's better to sell them know second-hand.

Selling them gives me the chance to buy into coins directly... but there's just something addictive about running hardware to mine. I know, it's not rational, but oh well. Smiley
9  Other / Beginners & Help / Re: I forgot what a serious pain in the ass the newbie jail is! on: January 09, 2014, 09:42:21 PM
Is newbie jail like being put into the "jail" at a concert if you've had a bit too much to drink? If so, I can totally recommend the amenities at the "Johnny Cougar Mellencamp Jail," as it's top notch and filled with interesting people.

On the other hand, "Cryptocoin Purgatory" doesn't sound like it would be nearly as much fun.
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