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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Review]: Linzhi Phoenix - 2700 MH/s Ethash asic miner on: March 24, 2021, 05:55:18 AM
The company is really a BIG SCAM
The company is really a big scam
I found out about this website through linzhi.io
for several days they had on their website the link of linzhi.cn.com

That is total bullshit. You made a mistake, blaming them for it.

there was (seems offline now) a 1:1 copy of the real site, but with the link to the scammers shop


 showing línzhi.io in the browser, notice the fake character "i"

it was https://xn--lnzhi-zsa.io/ (<--- SCAM Site)

Prior to this version with the acute accented "í" there was linzhi.io with the normal "i"
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Review]: Linzhi Phoenix - 2700 MH/s Ethash asic miner on: March 24, 2021, 05:47:06 AM

112 workers online when I checked.  So 2.2 million divided by 112 is a little less that $20,000 each that they make minus electricity.  Good for them that they were able to catch this wave.  I guess they could sell it for less than what it would mine just to get their name out there if they are able to mass produce an 8 gb version of this miner for sale in the future.
So they locked up themselves for last 2 years to make what $5 million (what they mined so far and to be mined until DAG becomes too big for their miner)?

Even if they were able to come up with a new 8GB design, with the silicon foundries being all tied up, I don't think they can get new machines before POW dies out.
3  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Etheraffle - First Truly Decentralized Charitable Lottery $1,000,000 on: August 01, 2018, 11:01:52 PM
Hi all etheraffle participants.
With total silence from the project developers, I have posted the following message in the Telegram's Etheraffle Bounty channel:

-----------------------------------------------------------
SJ Yi, [01.08.18 18:52]
When I was contacted by Larry, he had asked me to not make any public comments since they will be doing that.

Since then I have worked many many hours going through their bounty calculations.  I have checked all of the posts on the BitcoinTalk Forum for Etheraffle Bounty thread many many times to ensure that the posts do meet the bounty regulations.  I have been talking with Larry through Telegram since June regarding how to move the bounty program forward.

I had calculated all the bounty campaigns except Content Creations where the team had major concerns.  I got a JSON file ready for LOT token distribution by a Solidy program from the contract creator's account (LOT).
 
On July 25th Larry mentioned that he will talk to the team regarding how to move forward with the project.  He mentioned that he was looking to complete the distribution by end of that week.  He mentioned that  Greg will have input on deciding how to move forward.

Since then total silence.

Larry stopped responding to me.

I wrote a PM to Greg this morning.  I wrote to Greg that I still believe in this project and am willing to help moving the project forward.  But if he isn't interested in moving the project forward, he should refund my ethers.

As of now, it's still total silence.

I don't believe in silence.  If there are issues, air that out.  So that as a community we can resolve them if possible.  If not possible, then officially cancel the project and refund ICO purchases.

Maybe Larry or Greg will response soon.  Maybe not.  But I am willing to listen and look for ways to move forward if there is a  possibility.

I wanted to let you guys know at least from my point of view.
4  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Etheraffle - First Truly Decentralized Charitable Lottery $1,000,000 on: June 18, 2018, 04:18:42 AM
Hello Greg:

Do you have any news regarding the distribution of the bounty for LOT?

I have invested in your ICO as well as earnestly participated in your bounty program along with many others.
I have noticed that you have logged into the forum multiple times since the end of ICO, yet nothing has been posted other than to expect the bounty distribution in 14 days.  I do understand that there could be a lot of work to add up all of the shares and compute the distribution.  But there is no status update from you after the deadline date of 14 days have passed.  Now we're going into 18 days after the ICO.  I have not seen any update on Telegram channels either.

Considering that I have earnestly participated in your program in good faith, you need to distribute the LOT tokens as you have described in the beginning of the program.  If for some reason that can't be done, at least share the issue(s) and what your resolution and the timeline would be.

As I have stated in the beginning of the bounty program, I believe in your project and wish the best as we go forward.  This is only the beginning of a great market development for this project, let's keep the communication channel open and work together towards the project maturity.

Sincerely,
sjyi
5  Bitcoin / Development & Technical Discussion / Re: Bitcoin system diagrams on: June 15, 2018, 04:49:12 AM
Making progress in diagrams but not ready to release yet.

I'm currently going through the consensus protocol but I can't find from the source files where this is implemented.

Can someone please point me to the file(s) for the consensus protocol?
6  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Etheraffle - First Truly Decentralized Charitable Lottery $1,000,000 on: June 12, 2018, 02:51:45 PM
The bounty campaign was supposed to end on 31 May and distribution of bounties within 7 days thereafter.

Please advise on the status of the campaign, bounty manager


Here is what they have posted on Telegram

etheraffleL4RRY, [30.05.18 23:53]
The bounty has ended! We would like to thank everyone for their participation!

We will be calculating and distributing the bounty stakes over the next couple of weeks so please monitor the telegram for more information!

The Etheraffle project will be making some big announcements over the coming weeks so make sure you continue to follow us!

As LOT token holders, it is important to continue to spread the word and promote Etheraffle in any way possible! The more people that know about Etheraffle, the bigger the return on your personal investment!


Stakes will be calculated within the next 14 days. All final reports must be submitted within the next 3 days.
Translators will be contacted separately as this is an on going process and are not confined within the bounty dates.
If any content creators wish to continue their work, please feel free to contact one of the team.
We will be reaching out to a few participants who have "gone the extra mile" during the campaign to offer an extra thanks for all their hard work.


Once again, a big thank you and we look forward to the future of Etheraffle and continuing to work with everyone involved!
7  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Etheraffle - First Truly Decentralized Charitable Lottery $1,000,000 on: June 06, 2018, 02:20:02 AM
...
Week #: 12 (31.05.18 - 06.06.18)
...

All good things must come to an end.  The campaign has ended as of May 31st.

  • All bounties will be paid within 14 days of the bounty campaign end date, 31st May 2018.
8  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Etheraffle - First Truly Decentralized Charitable Lottery $1,000,000 on: June 01, 2018, 01:43:20 PM
Campaign: Signature Campaign
Forum Username:sjyi
# on Signature Spreadsheet: #002
Week #: 24/05/2018-30/05/2018
Post Links:
1 https://bitcointalk.org/index.php?topic=3126420.msg38352598#msg38352598
2 https://bitcointalk.org/index.php?topic=3126420.msg38615309#msg38615309
3 https://bitcointalk.org/index.php?topic=3249542.msg38658769#msg38658769
4 https://bitcointalk.org/index.php?topic=3249542.msg38833580#msg38833580
5 https://bitcointalk.org/index.php?topic=4313855.msg39011658#msg39011658
6 https://bitcointalk.org/index.php?topic=4365470.msg39012025#msg39012025
7 https://bitcointalk.org/index.php?topic=4339416.msg39012538#msg39012538
8 https://bitcointalk.org/index.php?topic=2368879.msg39012880#msg39012880
9 https://bitcointalk.org/index.php?topic=2958467.msg39014110#msg39014110
10 https://bitcointalk.org/index.php?topic=4354152.msg39014848#msg39014848
11 https://bitcointalk.org/index.php?topic=4387678.msg39077573#msg39077573
12 https://bitcointalk.org/index.php?topic=4387678.msg39099679#msg39099679
13 https://bitcointalk.org/index.php?topic=4387678.msg39099912#msg39099912
14 https://bitcointalk.org/index.php?topic=4387678.msg39101013#msg39101013

Campaign: Reddit Campaign
Forum Username:sjyi
# on Signature Spreadsheet: #005
Week #: 24/05/2018-30/05/2018Post Links:
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9  Bitcoin / Development & Technical Discussion / Re: Bitcoin system diagrams on: June 01, 2018, 01:30:46 AM
Just a few days before, someone was asking about how the Bitcoin blockchain would look like, and one of the responses linked to what I felt was quite an attractive visualisation of it: https://bitcointalk.org/index.php?topic=4312629.msg38734846#msg38734846

Or the direct link: https://anders.com/blockchain/

It's fairly straightforward, but you'd need to know a few of the basics behind how Bitcoin works to understand. I'm very mainstream and I got it quite easily, so hope that helps. I'm always having a side interest in visualisations myself and was a bit surprised not to have seen that one until a few days ago.

The blockchain demo/simulation web page is quite nice.  As like most of the documents I've seen, it focuses on a portion of the overall bitcoin system.  Hopefully I'll give a shot at the simulation page after the visualization is done.
10  Bitcoin / Development & Technical Discussion / Re: Bitcoin system diagrams on: June 01, 2018, 12:47:25 AM
What exactly diagram you are looking for?
It's hard to find a bitcoin diagram but maybe this one that you are looking for, check the image below.

https://i.imgur.com/WjJsnRN.png
Or like this one
https://thefutureofbitcoins.files.wordpress.com/2014/09/bitcoin-diagram.jpg

Sorry the forum image code couldn't work so I put the url here so that you can check if this is the diagram that you are looking for.

This one https://i.imgur.com/WjJsnRN.png is much closer to what I'm looking for but still not it.  I want to be able to track down what happens when a coin is sent from a wallet to another wallet visually track every component that participate in the transaction taking place.  This would include how a transaction is sent to the network from the wallet.  How a transaction is eventually distributed to the entire network.  How the miners/pool mines the transaction into a block. How the mined transaction is received by the receiving wallet.

I think this is a big undertaking, but I'll start documenting it and ask for the community for the accuracy.
11  Bitcoin / Development & Technical Discussion / Re: Bitcoin system diagrams on: June 01, 2018, 12:37:07 AM
I've been studying bitcoin architecture and even though I'm a developer, I am a visual person.  I've been looking for the data and control flow diagrams for entire bitcoin system but have not found them.  There are many diagram that show some portions such as Merkle tree, block composition, but not the entire system data and control flow among different components including wallet, miners and full nodes.

I am taking that project on myself, but was wondering if such a set of diagrams/documents exist.  If you know of such documentation(s), please let me know.

Thanks in advance.

PS: I read Mastering Bitcoin.  Even though that book describe many aspects of bitcoin in great details, it does not provide the overall flow of the operations. 

I do not think that such full charts and visuals exist for bitcoin.
Mastering Bitcoin is good book for the start and most of the time you would not need to go on the deeper level if you don't want to get your hands dirty and develop new features on top of it. You could check forum/bitcoin wiki and if you still have questions ask them freely here on forum as I am sure that myself and others will gladly help out if we know the answer. As knowing how to read 3rd party APIs, knowing how to use libraries and knowing RPC commands is most of the time enough to build related software that talks with the btc protocol it might really not be needed to know all the aspects of how bitcoin work.

Yeah, I could not find such a visual aid also but was hoping that others had it already.  I want to be able to comprehend the entire bitcoin system not just a section and also assist others in understanding how the whole thing works.
12  Bitcoin / Development & Technical Discussion / Bitcoin system diagrams on: May 31, 2018, 05:24:11 PM
I've been studying bitcoin architecture and even though I'm a developer, I am a visual person.  I've been looking for the data and control flow diagrams for entire bitcoin system but have not found them.  There are many diagram that show some portions such as Merkle tree, block composition, but not the entire system data and control flow among different components including wallet, miners and full nodes.

I am taking that project on myself, but was wondering if such a set of diagrams/documents exist.  If you know of such documentation(s), please let me know.

Thanks in advance.

PS: I read Mastering Bitcoin.  Even though that book describe many aspects of bitcoin in great details, it does not provide the overall flow of the operations. 
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why not be rich? Is it impossible for you? on: May 31, 2018, 02:28:05 AM
I tried to run the demo, but there is nothing there at taklimakan.network

It would have been nice to see "Using the TKLN token in the platform will allow each user to utilize
analytical tools and news resources"

Per the roadmap, the development phase should be well underway but there is nothing described on the whitepaper regarding the analytical tools.  Functional requirement for the analytical tools would pretty clearly indicate the capabilities of this project.
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin $ 1.000,00 this year on: May 31, 2018, 02:10:11 AM
Yes... I believe on this coin... confiable, strong, present in all big Exchanges... good news everytime...
2018 wil be the year of Litecoin.
A target of 1.000,00 is very real... also all marketcap cryptos will target around 2~3 trillions this year.
And... rumors that facebook could partner with it.


There needs to be some fundamental reason why people would want to buy it for that price.  So these attributes are already present: Confiable, strong, present in all big exchanges.  Yet it is $115.50 as of today.  Why would anyone want to buy it more than the current market price?  For the rumor that facebook could partner with it?  That doesn't justify much more than the current market price.

If there is a realistic chance that the target is $2,000,000, then $1,000,000 would be a reasonable price.
15  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum , is it the future ? on: May 31, 2018, 01:37:05 AM
The flexibility and capability of Ethereum is not yet fully utilized but many people understand its potential to be a huge impact to the society.  This is the reason many projects are copying its capabilities such as the ability to support assets on their platform and ability to support smart contracts.

I don't know if Ethereum will beat out all other copy coins but it certainly has managed to steer the cryptocurrency's future.
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Top 3 altcoins to invest in NOW on: May 31, 2018, 01:28:44 AM
My top 3 altcoins are:
1) Etheraffle: a hidden gem of a token that will be be be the lotto for the entire planet.  Most of the development work is done.  What's really left is getting the exposure.
2) Ethereum: As more tokens are introduced using the ethereum network, it will be continue to grow in market cap as well as technical aspects.
3) EOS: Lot of development work is being done.  The potential to be a real competitor to Ethereum.
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is bounty not an investment? on: May 31, 2018, 01:13:25 AM
Yes, bounty is an investment of time and effort.  But I see so many people signing onto bounty programs without analyzing the project.  As with any investment, you need to analyze whether or not a project is worth your investment in time and effort.  I've previously joined airdop and was receiving bounties but as I found more about the project, I was convinced it was not worth my investment.  I left that bounty program quickly.

I also found out that participating in the bounty program forced me to learn more about cryptocurrencies.  So the received reward is both knowledge and bounties.
18  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain E3 Ethash Miner ASIC (Shipping:16-31 July. $800 USD) on: May 29, 2018, 03:58:04 AM
Who would you rather be? The Software developer that has to rewrite the software of your protocol to fork away from the ASIC, or the Hardware manufacturer who changes the Algo to hash on the new forked protocol? I'll take the latter....every time.

This is a separate topic on it's own but i would pick the former, software developer, any time. It's simply much more profitable to do so.

Imagine how much power and money Vitalik has, with a click of his fingers he could influence the entire ETH dev team to fork and destroy the E3. He could also short and destroy mining or the entire ETH network by uploading some bad code. He knows exactly when updates are going to happen beforehand and could even use this opportunity to buy ETH before it pumps. It is so profitable to be Vitalik Buterin.
This is a completely different scope than what we are referring to. The topic at hand is the reactive response by Software Engineers to ASIC's coming onto their pre-existing networks. Then, once they react one time, the ASIC manufacturers can just reprogram to the new "resistant" software. ASIC = Offense, Software Engineer is on defensive. Besides, they have to take the entire protocol and the users into account before constantly changing the program. It's just not as easy as it sounds. ASIC offensive redesigns are fairly simple and fast. Eventually if a team mishandles the changing of programs to circumvent ASIC, they run a very real risk of losing their Coin to the fork and to the ASIC community.

I think you can agree that Buterin or "little dracula" or whatever his name is... is quite the exception and not the rule.

Chicken or the egg?
For Ethereum the software came first and ASIC is only now catching up.  So when software changes the mining requirement the ASIC will need to catch up.  But if that cycle keeps on repeating, does it even matter which is the cause and which is the effect of the latest revision?  Each change becomes the effect of the previous cycle and the cause for the next cycle.
19  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain E3 Ethash Miner ASIC (Shipping:16-31 July. $800 USD) on: May 27, 2018, 01:52:51 AM
...
Hardware is infinitely more flexible than Software in these coins. The Hardware manufacturers can adjust their specs to circumvent these forks fairly quickly.
...

Due to the nature of the beast, hardware can NOT be more flexible than software.  Granted some of the system/network issues associated with hard-forking a coin needs to be considered carefully within the software.  But the system considerations are not the indications of inflexibility of software.  Sure, the design cycle of ASIC is becoming much shorter but the inherent inflexibility of hardware hasn't disappeared.  If the hardware is that much more flexible than software, why not just implement the entire aspects of coin in hardware?


20  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] Etheraffle - First Truly Decentralized Charitable Lottery $1,000,000 on: May 26, 2018, 12:25:01 PM
Campaign: Signature Campaign
Forum Username:sjyi
# on Signature Spreadsheet: #002
Week #: 17/05/2018-23/05/2018
Post Links:
1 https://bitcointalk.org/index.php?topic=3126420.msg37625445#msg37625445
2 https://bitcointalk.org/index.php?topic=3692545.msg37740956#msg37740956
3 https://bitcointalk.org/index.php?topic=3692545.msg37986542#msg37986542
4 https://bitcointalk.org/index.php?topic=3126420.msg38115787#msg38115787
5 https://bitcointalk.org/index.php?topic=3126420.msg38234131#msg38234131
6 https://bitcointalk.org/index.php?topic=4143509.msg38341476#msg38341476
7 https://bitcointalk.org/index.php?topic=4143509.msg38342338#msg38342338
8 https://bitcointalk.org/index.php?topic=3330198.msg38344094#msg38344094
9 https://bitcointalk.org/index.php?topic=3992164.msg38345679#msg38345679
10 https://bitcointalk.org/index.php?topic=3871609.msg38347872#msg38347872
11

Campaign: Reddit Campaign
Forum Username:sjyi
# on Signature Spreadsheet: #005
Week #: 17/05/2018-23/05/2018Post Links:
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