Very cool, i like the way it functions gl.

To get max pay .120 you have to post 600 times in a month. I can see alot of banned accounts coming from this campaign. Post carefully guys

That's great! 0% makes it sooo much easier when it's quieter, and when the price is so speculative

The point here is to validate ownership of names, not restrict the total number of names or in the system to an arbitrary upper limit, right?

If so, would it be possible to tie in the difficulty of the proof-of-work to be based on the number of new name requests seen in the past two weeks?  That is, the more requests, the easier the difficulty of hashing a block, and the more quickly blocks are generated?  POW would also obviously have to be tied into the amount of processing power being thrown at the network as well.

Looks very promising, good luck with sales.

2015 called.  It wants you to give back its clever strategy to sell XT using fear/panic about Bitcoin's impending D000M.

If you "Bitcoin is going to choke S000N" types were serious, XT would change to a different/modified PoW at the same time it attempts (via contentious hard fork) to impose blocks >1MB on the (demonstrably unwilling) rest of the system.

Why not just do an extra round of SHA256?  Existing ASICs could do that with firmware/driver tweak.

The reason you don't do that is you want to hijack Bitcoin and destroy its interesting property of being diverse/diffuse/defensible/resilient.

The sooner you fork off and stop trying to attach GavinCoin to Satoshi's coattails, the better.

Unfortunately, Andrew Poelstra was able to break the cryptosystem for this scheme's range-proofs.  The author is working on fixing it, and I'm hopeful for progress there. This may take a bit of time, so if you're looking for something to test right now the CT feature in the Elements/Alpha is the best that is out there  at the moment.

Glad you guys persist. But you owe us more transparency from here on. I'd like the full story. If only because it would make a good reading.

Few minutes earlier you've said that there are like 500 participants. 20000/500 = 40 which at the moment it's like 40k sat.

BTC is secure, FAST and more reliable.

Paypal has high fees and chargebacks.

The problem was with an invalid assumption that two curves of different orders would not be able to generate proof of same negative value, as long as the negative value is in the small range being proved. They clearly can, because "m = r + c*x" allows a negative x to leak into the negative cx and then offset against the positive random r, and the resulting m is then used for both curves.

That assumption is no longer present in the current version of paper (now with:.. diagrams!), but the resulting proofs are not as compact as initially hoped.

I think most ppl are thinking about getting rich in terms of the amount of cash and assets. We should know that even the rich cann't be rich in his mental. He is busy in protecting his money and trying to get more everyday. He could be distressed, and frustrated. So what is the point to get rich? IMO at the step of becoming rich, we should be happy and fulfilled.

You people have to learn how to use the search function. There are more than ten duplicates of this thread.

The price would rise, the miners would start pumping their saved up bitcoin so the double, so the 12.5 BTC is worth what 25 BTC used to be.

It's a 20 year lease not a sale +
One Hurricane and you are gone faster than Satoshi

I totally agree, he has every right to be anonymous.

But the man deserves to get credit for the greatest innovation of the century.

Only won with Bitcoin... Smiley Not much, but at least nothing lost.

I haven't had any problems with it.

Very good news, numbers are pretty good as well.

Antminers will take-over mining business it seems

0.00099 is far above the dust threshold.  It is 513 satoshis or thereabouts.  The monetary value, even assuming 0 txfee, is much less than one cent.

Volume around $50 was insane. The resistance at this price will now be over 9000, or something.