Bitcoin Forum
July 11, 2024, 01:36:37 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nexus [NXS] - The TAO Framework Tritium, Amine, and Obsidian on: May 08, 2019, 07:46:33 AM
Best project in crypto.

 Huh

The market cap says otherwise.

Market cap will follow when people realize how big this project is. That's why the current price is an absolute steal.

People see that Nexus knows several delays: tritium was announced for 2017. Satellite for march 2019.
There is any roadmap, any usecase

Good project but only on whitepaper.

Yes there were some delays but Tritium is now already on the testnet and currently undergoing a security audit. Actually people can already test it out if they know how to compile from the source code.
Roadmap is probably being worked on and will be out along with the new website.
Use cases - I'd say a lot, SoundVault is one of the first, there are some NDA's so the team cannot disclose more about other business deals.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NXS] Nexus - The TAO Framework Tritium, Amine, and Obsidian on: May 06, 2019, 03:36:26 AM
Best project in crypto.

 Huh

The market cap says otherwise.

Market cap will follow when people realize how big this project is. That's why the current price is an absolute steal.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Unitus (UIS) - Superior Blockchain Technology: 1st Multi-Algo Merge-Mined on: February 12, 2018, 11:23:22 AM
With the new funds will there be rebranding (logo & branding designs...) and some big exchange listings?
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 15, 2018, 05:42:15 AM
Hi, I have read the whitepaper and as I can understand, the price of a byte should be approximately corresponding to the cost to store one byte of unit data in the decentralized database. So should we expect that Byteball's price will be stable and does not increase much, even decrease over time because the cost of data storage will obviously decrease over time as the technology advances?

No, you misunderstood the rule. The cost of storing data is equal to the amount of data you want to store in bytes. How much 1 byte costs depends on the market conditions on exchanges.

Example:

1 megabyte of byteball bytes costs 100 USD on exchanges. The cost of storing 1 megabyte of data in the byteball system is equal to 100 USD.

1 megabyte of byteball bytes costs 1000 USD on exchanges. The cost of storing 1 megabyte of data in the byteball system is equal to 1000 USD.

How much a harddrive costs doesn't matter here.

Hmm I read the section 1 Introduction/Exchange rate of the whitepaper, and it seems to address the volatility problem of bitcoin price (in the very first sentence), says with byteball there will be a "negative feedback" process like commodities or bounds, which keeps the price back to reasonable range if it goes too far, doesn't it?

Quote
It is a measure of the utility of the storage in this database, and actual users will have their opinion on what is a reasonable price for this.  If the price of byte rises above what you think is reasonable for your needs, you will find ways to store less bytes, therefore you need to buy less bytes, demand decreases, and the price falls.  This is negative feedback, common for all goods/services whose demand is driven by need, not speculation.

Though I haven't really understood how this negative feedback really works: "If the price of byte rises above what you think is reasonable for your needs, you will find ways to store less bytes, therefore you need to buy less bytes, demand decreases, and the price falls" --> how can regular users who suffer from high fees try to store less bytes? Doesn't the stored bytes depend on the architecture and the code instead of the regular users who send the transactions?
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: January 15, 2018, 04:33:34 AM
Hi, I have read the whitepaper and as I can understand, the price of a byte should be approximately corresponding to the cost to store one byte of unit data in the decentralized database. So should we expect that Byteball's price will be stable and does not increase much, even decrease over time because the cost of data storage will obviously decrease over time as the technology advances?
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Expanse (EXP) - 1st Stable fork of Ethereum on: October 03, 2017, 02:14:51 PM
Hi, the slack invite link seems broken, has anyone noticed this?
7  Alternate cryptocurrencies / Altcoin Discussion / Re: zcoin vs zcash on: October 28, 2016, 02:33:55 PM
However Zerocoin's advantage over Zerocash are as follows:
a) While still retaining the basecoin and a lot of the Bitcoin core code, it is a lot easier to integrate to existing Bitcoin merchants/etc.
b) Although Zerocoin's proofs are larger and occupies more storage space, the computational requirements to generate a private transaction are many times faster. Zcash requires large amounts of RAM and minutes of computational time. Zerocoin requires seconds to use and is not memory intensive. Basically Zerocoin uses more storage space but is computationally much less intensive.
c) Parameter generation for both Zcoin and Zcash requires a trusted setup but Zcoin's parameters are arguably less controversial. (https://github.com/zcoinofficial/zcoin/wiki/Parameters-in-set-up-phase-for-Zerocoin-in-ZCoin)
d) Most importantly is that in Zcoin, total supply is still visible so if there's a flaw and someone is secretly creating coins for themselves, this can be much more easily detected. With Zcash, because everything is hidden, if a flaw is exploited, it may be almost impossible to detect!
e) Zerocoin's tech is more peer reviewed and better understood than Zcash's. Zcash's use of zero knowledge proofs uses ZK-Snarks which very few people understand. Even Zooko himself admits he doesn't understand it (https://www.youtube.com/watch?v=P6RLjcGVUnw&feature=youtu.be&t=17m30s). Note that Zerocoin's paper was only like 15 pages. Zcash's paper is more than 50 pages so Zcash's is considerably more complex which means more things that can go wrong. This is why Zcash had to spend so much money on multiple security companies auditing on its critical components and bugs (including some serious ones have been found). A security audit is also not fool proof as the DAO exposed and which is why Zcash also uses multiple companies to audit.

This, i think it's the most deadly point of zcash! Personally i find Zcoin is overall better, just that the marketing and communication is so poor so not many people know about it yet
8  Alternate cryptocurrencies / Altcoin Discussion / Re: [ZCASH] The trusted setup problem. on: October 27, 2016, 06:30:33 PM
i think zcash has a very serious problem that if someone could exploit a bug and give himself an unlimited amount of zec, diluting the coin supply, then no one will be able to know because the supply is concealed. And you know, absolutely NO software are bug-free. So it's maybe just a matter of time...
9  Alternate cryptocurrencies / Altcoin Discussion / Re: zcoin vs zcash on: October 27, 2016, 06:23:19 PM
Is this what you're looking for? http://blog.zcoin.tech/zcoin-and-zcash/

About the developer rewards, if you think the current rewards are unfair then what amount/method of rewards do you think that would be fair? Don't you expect the devs to do their work for free?
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!