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Alternate cryptocurrencies / Altcoin Discussion / proof of one-wayness
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on: November 22, 2020, 02:23:59 AM
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not satoshi's original paper
but look, take the hashing of random data aka proof of work and flip the hashing backwards. suddenly, a one way function with 99.999% of "non honest" nodes is required to double spend.
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4
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Bitcoin / Bitcoin Discussion / Re: what happened to Bitcoin and cryptocurrency?
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on: November 22, 2020, 02:21:13 AM
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the development was good. blockchain as a tech gained a lot of support from both open source and investment communities. then suddenly, around 2016 presidential campaign, all lead developers and militancy appeared to vanish. now many "mom and pop" investors, moderates, etc. are all thats left of satoshi's initial works.
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11
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Other / Politics & Society / The Crypto Leftist: a parasitic host living in the Crypto currency community
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on: August 12, 2018, 03:01:59 AM
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Leftists are parasitic hosts by design. They are genetically engineered to be so. When the Leftist is trapped, stressed, or outed it's brain becomes eschemic. Without blood flow the Leftist becomes brain dead. Next something even weirder happens. A crab is conceived in its lower abdomen which eats the host body and brain. This is the same crab commonly known for the sexually transmitted infection 'crabs' which infects pubic hairs in men and women. The difference is that the crab growing inside leftists is about 5 feet in length.
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12
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Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Sharded Fork, Sharded Transaction Limits
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on: January 15, 2018, 02:04:58 AM
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Bitcoin cannot handle "spam transactions" properly and doesn't appear to have the ability to update to a blockchain protocol that would allow them to do so. Unless I am mistaken and they have done so already? Can someone cross check this please?
Think of "sharded forks" not as a new chain but as a less trusted block. Once a "shard" gains a certain amount of transaction volume, it should be verified by the unsharded chain.
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13
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Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Sharded Fork, Sharded Transactions
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on: January 15, 2018, 01:57:21 AM
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They aren't scamming and they typically don't put Vlad's work in, but I think this is an important solution to transaction limits, a huge focus in blockchain. For example, a credit card company can process a huge number of transactions but with limited decentralization.
Ethereum will surpass bitcoin if they can successfully implement "sharded forks" to increase maximum transaction volume.
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14
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Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Sharded Fork, Sharded Transactions
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on: January 15, 2018, 01:54:24 AM
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ya sharding would work unless someone placed a huge bet on a sharded chain in which case it could be stolen. it's just a subnet for processing transactions. That's why I recommend above, a limited transaction size for each sharded fork.
It's not a way to hard fork a chain. It's a way to process more transactions by creating a number of smaller networks. By splitting the transactions to subnets, "sharding" allows the system of networks to handle "spam" transactions aka micro payments.
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Alternate cryptocurrencies / Altcoin Discussion / Ethereum Sharded Fork, Sharded Transaction Limits
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on: January 15, 2018, 01:21:31 AM
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On the proposed "Sharded Transaction Limit"
The sharded fork is a good idea for improving a blockchain system's N traction limits, where N is the amount of transactions but could benefit from having a sharded transaction size limit for each sharded fork. By setting a maximum transaction amount per sharded for SiNamount <= amountmax i where i is each sharded fork.
This allows for scaling the security of transactions in terms of nodes verifying each transaction for the amount of coins transacted per block.
An example:
Shard 1 can verify amounts up to 100 coins per block and has x proving nodes
Shard 2 can verify amounts up to 200 coins per block and has 2x proving nodes
. . . Shard N can verify amounts up to N*100 coints per block and has Nx proving nodes
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Alternate cryptocurrencies / Altcoin Discussion / Re: black hat crypto currency: DDOScoin
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on: January 11, 2018, 04:02:52 PM
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Gladius spins p2p vpn in a better way. People typically use vpn's to hide their ip addresses and browsing history. This is possible but with the lack of a proof of bandwidth it isn't possible for http. It would require a specialized browser as well.
Sounds to be a good project if they can figure out the development part.
edit: I stand corrected I don't think that Gladius is possible. It requires either proof of bandwidth or usage of a signing key in the blockchain. Impossible so far!
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Alternate cryptocurrencies / Altcoin Discussion / Re: black hat crypto currency: DDOScoin
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on: January 11, 2018, 03:59:18 PM
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whether the crypto currency is not illegal or can be spelled out for crime?
I'm not the one who originally published on this and had some belief that it was redundant. It would be illegal to mine so maybe it would go to large state actors. You could invest. I think it would go to hardened bot herders such as the types you see at defcon.
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