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Dead?
Not quite, just passed 800 sign ups... |
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Why the trillion?
We just wanted a large number, although at the moment a trillion isn't actually possible using a 64 bit signed integer :p |
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Instead of pre mining, wouldn't it be an idea if you make it (the first!!) possible where every wallet will contribute automatically a certain amount to a Foundation wallet (e.g. by 0.1% a year, but rate to be determined)? That way, you will have a stable wallet income for now and in the future... also this will give people more secure feel since devs are not possible to "walk away" with the valued coins (like what happened to USDE).
That will be in place.... The premine is good because it makes people invested at the start, but there has to be a level of trust in the devs. It also gives the coin an immediate value so people can start giving it to friends and promoting it from day one. The premine is bad because its very easy to rip everyone off... We'll shortly be 'publishing' the email list with obfuscated email and IPs, ie te***** fg@gmail.com 176.45.245.*** so people can see that the list is growing gradually and hopefully believe us when we say that X people should share 0.4% of the shares, we're already sharing the google analytic pdfs, if you would like to be put on the mailing list (from google) let me know.....(I'll put that in the OP....) All the premine accounts will be transparent and accounted for. Anyway, I really like this coin, I hope everything will be fair..
Thanks, the idea is to get everyone using it, ripping off the early users is just retarded :p |
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You'll need a better indicator of human status than 8GB of flash to preclude this kind of activity. If all this seems horribly critical, I apologise. I'd like it if you could convince me otherwise.
Well, this is the real issue isn't it? How do you tell if a computer is a zombie or not? The botnet controller has the source code.... Capchas? They can be rerouted and are annoying. 8Gb of flash is 1. Cheap 2. Available everywhere 3. A start... It can be 16, 32 or 64 Gb of flash.... I think you overestimate the power of the botnets or their interest in mining coins... the main issue is click fraud... that's their real money earner, nearly 2 million zeroaccess zombie machines will only earn $2k of bitcoins a day, so $700k a year.... click fraud is tens of millions of dollars a year http://www.symantec.com/connect/blogs/grappling-zeroaccess-botnetNow obviously it's an issue and something you want to avoid but if a simple $10 device means the botnet controller has to do more work, he won't bother... It's not horribly critical... but I would love to hear solutions to problems that might arise in 10+ years time... there's got to be a better way that ASIC farms and 4 pools with 80% of the hashing power.... *btw the computer used in symantecs test case is : Test computer specifications: Model: Dell OptiPlex GX620 Pentium D 945 3.4GHz 2GB (Max TDP 95W) which I believe would be a pretty powerful machine for most botnet nodes, a lot are probably ancient. I would be surprised if zeroaccess was even making 1/4 of the amount symantec say is possible from mining* |
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I suspect that cloud mining and dumping to fiat for immediate, if cynical, ROI have a bigger effect on CPU coin prices than botnets do. I might be wrong.
They still have to pay for Cloud mining... You will *NEVER* stop a determined thief, you can only slow them down. That's what we're aiming for... |
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Looking not too far into the future, I'd expect to see most laptops/desktops ship with "smallish but sufficient" SSDs, as increasingly content sits in the cloud and is consumed on-demand. In this scenario what does Worldo do about the performance test? I appreciate that SSDs are not going to challenge HDDs on price per GB for the foreseeable future, but OS sizes are not increasing inverse to the reduction in cost per GB.
You're right, but I believe the botnet problem is from 10+ year old hardware running on XP or worse... if these people do upgrade to a SSD laptop then hopefully the OS is more secure... That's a problem to be addressed *if* the currency takes off in a big way... but if you have a million+ users and mandate the use of a $1 dongle to use the system that wouldn't be too bad... you have to attain a level of adoption that the botnets would actually care.... when we get there we've won. |
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Can you explain a little more on the mobile idea? Payment only or also mine with it? Love the idea and signed up on website!
Mining too... why not? Phones are getting quicker and quicker.... you'd probably only want to do it when it's plugged in though.... :p They key to widespread adoption is for everyone to be able to use it, and people in the developing world love "free" money :p |
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I'm signed up! Excellent idea! Ask for developers team: what do you think, how many time will need ₩orldo to raise up in top 10 crypto-currencies?
That's the spirit ! :p Who knows? I think for a crypto to succeed even more than Bitcoin it needs people to use it, so a high priority will be to get people to install the client and let them see the value of their coins slowly going up (in real money), that will hopefully encourage them to spread the word... Hopefully we'll be the coin that everyone on this board farms in conjunction with the more popular scrypt coins since their CPU's are idle.... |
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When can we expect a release ? One week ? One month ? This summer ?
That's hard to answer... certainly we can release without everything outlined in the OP and add stuff as we go but the main bot net code will need a lot of testing before release since you don't want to get into a place where genuine clients are denied coins for various reasons... Sadly we're not inundated with people offering to code... hopefully this will change once we're able to offer bounties more substantial than (now) worthless altcoins. |
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How will ₩orldo know how much potential I have? Is it going to detect my hardware and just give me a score or do you have to run a benchmark to prove what you can do?
At the moment the idea is to run 100% on a real world benchmark for quite a while to see how fast your computer is... its something we're still talking about... |
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Sounds fair. I would like to be early adopter. From description in first post it seems that right now I am, yep?
If you signed up on the website? yeah... |
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Assume you have a botnet and a beefy central node. Why couldn't you spoof speed ability to ability of botnet, offload PoW to botnet when requested and return result through central node? Central node would do DB lookup.
Great question!! Each client's DB is linked to it's WalletID and each would be at least 8Gb each, so this central node would have to have to generate and store this database for each wallet. Of course they could have lots of 256gb+ drives storing 32 databases each or even racks of SSDs... the drawback is that to use the entire botnet would require an investment of tens of thousands of Gb of fast storage... and each botnet clients would farm pennies worth Worldo every week. Short answer, they wouldn't bother... Botnets work so effectively because they are free, you set them to work and forget about them. The addition of a simple idea to slow them down is enough for the controllers to just look for an easier coin to exploit. You get an extra share when we launch, make sure you sign up too!  |
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Yes sorry I signed up twice because I though I had a problem. Did you send the initial confirmation email ? My thought process was : oh I didn't get the email, maybe I didn't type my email properly.
I suspect a few people did that... there's no confirmation email.... I've promised to only send three emails .... :p |
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Today we hit 500 sign ups....
A few of those are doubles which we will deal with when we organise the giveaway...
good work team!
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I want to help your project. Can donate a small amount of BTC.
Thanks, PM sent |
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I think you have a good idea on trying to cutout the botnets, I really do, BUT I think that will be a nasty double edged sword due to you may end up cutting out a large portion of your potential user base. A good example of this would be between folks who have either A: slow internet (still a wide spread issue) or B: folks who do not have SSDs, 32G of ram etc etc who's computers might not meet your specs.
This is being built for everyone, so you wouldn't need a super fast computer with SSD or loads of ram, just a USB flash stick. And while slow internet is a problem, it's more an issue of latency... the total confirmations will only be less than a k of code, which should be small enough to use even on dial up... if people truly have a terrible connection (on satellite) then they can (for example) check a box so they have to send 100 confirms to each node asking and the initial encryption is 10 times slower. The Satellite confirm takes 3 seconds, but a botnet on satellite needs 20.... We can still tell they're not on a botnet... hopefully |
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"Greedy miners"? Really? Piss off!
Bitcoin was supposed to be about moving control away from banks and governments and putting it back in the hands of the people. These guys have a million dollars of ASIC equipment and a massive power bill to, what, support the network??  All I see on the alt-coin boards is about how to make money.... |
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Please delete "build" folder from github and add rule to the .gitignore to don't upload *.o these are the prebuilt application modules.
Ah yeah, thanks I got rid of the data folder too.... |
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4,000,000WLD ---> 4,000,000,000WLD
Correct it!
Done, thanks |
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Starting to read the anti botnet white paper and my first question is are botnet slaves really that much slower?
Could the same could be said for low end VPS's?
I've been trying to find some figures about average specs but I'm still looking. The majority of machines are probably just used for surfing the net, imagine the old PC some grandma has that she never installed anti virus on... old, useless, but it still ok for email and basic surfing, and since they don't do any banking or need a secure PC they don't care so much about security. The problem is that there are literally MILLIONS of these machines all over the world. They hash very, very slowly individually, but add them together and you have a massive mining network... for free. VPS's are not the issue, if you want to use one you'll have to pay for it... free beats that every time. |
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