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61  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: September 05, 2014, 08:00:09 PM
Don't both blockchains technically have a corrupted block?
62  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: September 04, 2014, 02:52:49 PM
Everybody knows that Dingleberry (BBR) is crap.

Stop it.

I am kind of flattered to get a response from fluffypony...
63  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: September 04, 2014, 02:45:31 PM
Everybody knows that Dingleberry (BBR) is crap.
64  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency (mandatory upgrade) on: September 04, 2014, 02:43:45 PM
Can people please stop talking about Dingleberry (BBR) on the Monero thread.
65  Alternate cryptocurrencies / Altcoin Discussion / Re: BX.IN.TH exchange Problems on: August 19, 2014, 11:42:43 PM
BTC withdrawal greater than 1BTC took 6 hours to process.
66  Alternate cryptocurrencies / Altcoin Discussion / Re: BX.IN.TH exchange Problems on: August 19, 2014, 11:14:04 PM
It seems that withdrawals under 1BTC are automated and get processed in around 10 minutes.  Anything larger takes... some period of time greater than 4 hours, which I am still haven't found out how long it is.
67  Alternate cryptocurrencies / Altcoin Discussion / BX.IN.TH exchange Problems on: August 19, 2014, 09:47:41 PM
I deposited some BTC a few days back in bx.in.th to trade stellar.  I am now trying to withdrawal BTC and the withdrawal says that is "Awaiting Approval" for the last several hours.  Has anyone else had issues with withdrawing BTC?
68  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: August 17, 2014, 04:13:12 PM
Does anyone know what is going on with coinmarketcap?  It shows that Monero only has around 193000 total coins.  I thought this was supposed to be around 2.7M.
69  Alternate cryptocurrencies / Altcoin Discussion / Re: Vertcoin or Darkcoin, which one to mine? on: March 30, 2014, 06:53:41 PM
Personally, I mine dark because my GPUs run at much lower temperatures and then sell the darkcoin to buy Vertocoin.
70  Alternate cryptocurrencies / Altcoin Discussion / Re: does anyone know why vtc is so strong on: March 22, 2014, 10:52:49 PM
The reason Vertcoin is potentially valuable is because it is ASIC resistant, which means it will continue to operate via a decentralized network in the future.  As mining hardware becomes more specialized, barriers to entry and efficiency of scale cause mining operations, and therefore the network to become more centralized.  The original promise of Litecoin, and the reason that it originally held such prominence, was that it would remain decentralized.  With the introduction of scrypt ASICs it essentially no longer serves this purpose while Vertcoin does.  The initial bump that Vertcoin is experiencing started the same day that KNCminer announced pre-orders for their scrypt asic.  Also, Litecoin started dropping in value the same day...
71  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] ★★ ECCcoin ★★ Fast Distribution PoW & PoS on: March 06, 2014, 06:17:19 AM
looks interesting.
72  Alternate cryptocurrencies / Altcoin Discussion / What current anonymizing technology is better than Darkcoin Darksend? on: March 06, 2014, 02:59:37 AM
I have been reading alot about the anonymity of the blockchain and the different methods for attempting to make transactions anonymous.
The technologies that help to keep a users anonymity seem to be two fold. 

The first is to prevent a wallet from being associated with a person.  The methods for preventing wallet association are focused on using an address a limited number of times, and preventing an address from being associated with an IP.  Anoncoin helps to do this by making the use of the TOR network native to the wallet, but the TOR network could be used with any cryptocurrency it is just the functionality is not native.  Also,  I find it very interesting that everyone in the internet world seems to trust that the government doesn't monitor TOR even though it was originally funded by the Office of Navel Research and the TOR foundation continues to receive approximately 80% of its funding from the US government.  As far as I understand TOR, if enough of the nodes are controlled by one entity the origin and the source of encrypted the traffic can still be ascertained.  But I digress...

The second method is to make it difficult to trace the movement of coins from one wallet to another, so that it is hard to draw connections between people to eliminate the possibility of a persons identity being determined through the identity of a person with whom they have transacted.  This is the whole concept of a mixing service.  You send you coins to a pool of addresses and they sit there for a period of time and get mixed about with other people who sent there coins to the mixing service.  The coins are then sent to a receiving address(es) over some period of time to prevent the sending and receiving addresses from being associated.  This is what darksend is using.  The primary advantage of darksend is that you do not have to trust any of you coins to a mixing service so there is no counterparty risk.  Also, if darksend is used for every transaction rather than just one or two were you want to "anonymize" your coins, it will be many order of magnitudes harder to use network analysis to identify people in the network.

The last option that people have talked about is using the method purposed by Zerocoin.  This uses some pretty advanced mathematics which I haven't honestly dug into but involves using zero-confirmation proofs...  Anyway, the biggest problem with Zerocoin beside the fact that the method is very data intensive, so it will make for in impractically large blockchain, is it doesn't currently exist.

Therefore, I was wondering if there are any technologies that are better than Darkcoins Darksend at this point in time for anonymizing transactions?
73  Economy / Service Discussion / Re: BTC Stolen from Poloniex on: March 05, 2014, 10:25:56 PM
Does this also apply to non-BTC balances?
74  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN]BitFund:Descendant of BitShares on: March 03, 2014, 09:18:28 PM
Interested In!
75  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Alt coin to invest in 2014 on: February 28, 2014, 11:32:49 PM
In descending order of awesome, and expected fair value in BTC:
Vertcoin (long term) 0.08BTC
Darkcoin (short term, wait and see, sell at 0.01BTC) - highly dependent upon other zerocoin type efforts
Gridcoin (short term) - 1e-4BTC
Riecoin (short to mid term) - 0.06BTC

76  Alternate cryptocurrencies / Altcoin Discussion / Re: Darkcoin will hit 3$ (at least) by the end of this week! on: February 26, 2014, 11:44:32 PM
I bought Vertcoin for 0.4mBTC.  I bought Dark for 0.5mBTC.  I am still loving both investments, and I think there is room to grow.
77  Bitcoin / Bitcoin Discussion / Re: "Failure to Understand Bitcoin Could Cost Investors Billions" (Bitcoin's flaws) on: February 26, 2014, 07:43:53 AM
I wonder if the current system that we have for innovating in the cryptocurrency space is the most efficient if we are going to address the concerns the OP has about Bitcoin.  Instead of starting a new altcoin everytime their is an idea for a new feature it would be interesting to have an alt-coin evolve new features over time.  An alt-coin would be more able to do this than Bitcoin because the market cap would be lower and so would the overall risk of screwing it up.  It could be called EvoCoin.
78  Alternate cryptocurrencies / Altcoin Discussion / Re: ***** THE ZEROCOIN SOURCE - Truly anonymous coin ***** on: February 26, 2014, 07:26:46 AM
I really hope that the developers of zero coin are intentionally delaying the release of this coin to prevent a harsh crack down from regulators globally.  Bitcoin first needs to hit truly critical mass before this type of heat is brought against the technology.
79  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS] on: February 26, 2014, 07:21:18 AM
Devs have been pretty silent these last few days, hopefully working on big things Smiley

Something interesting to note, even though the price has bounced around between $1.50-$2.00
just on cryptsy alone vert still has the 5th most btc volume of the 130+ alts they trade..

1. doge 2k+ btc volume
2.litecoin 392 btc
3. mint   271 btc
4.protoshares 134 btc
5 vtc 127 btc.. so at todays rates, on cryptsy alone roughly $70,000 is changing hands in vert/day
while not as high as we'd all like to see, its still a fair amount of trading going on

next closest is quark at 100 btc
and maxcoin at 92

after those it goes down significantly, into the 60's and below for the "lesser" coins


In addition to volume, I think it is also very important to look at liquidity.  This is going to be based on the number of exchanges that trade VTC, the number of currencies that can be traded for VTC, and the total book orders.  Taking this into account I think VTC should easily be in the top 10 in terms of total market cap in very short order.
80  Other / Off-topic / Re: Whats is your IQ? on: February 26, 2014, 07:17:49 AM
Though I do imagine the Bitcoin community has a higher IQ than average I am finding the number of people claiming an IQ higher than 150 a little hard to believe...
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