If any coin can be Bitcoin 2.0, its probably Monero.
Monero cant be Bitcoin 2.0, that are other coins that fight for that title. Monero is just more Bitcoin 1.0 as Bitcoin itself. Monero is Bitcoin 2.0 as much as pepper is salt 2.0. IOW, Monero is complementary to Bitcoin, not descended from it. |
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Darkcoin is not - and never will be - a payment processor. So don't try to see it as such.
Darkcoin is a monetary base or it is nothing at all (because Darkcoin isn't 'backed' by anything which is the definition of a monetary base). Unbelievable. I actually agree with the entirety of a toknormal post!  Indeed. Or, say like how I'd feel about investing in a crypto that was persuing true fungibility that didn't crater transparency as opposed to faux fungibility that did. Or that supported true scaleability through innovating the protocol as opposed to faux scaleability that used "dump truck" innovation. Or that was the only one on offer that supported an articulated protocol capable of delivering this type of end user service as opposed to one that was chuffed at creating one single GUI wallet after 2.5 years. Or maybe like how I'd feel about investing in a crypto that grew more like a tree than a fart  Come to think of it...whats not to like !  No idea what you're on about mate. Don't know whether I agree or disagree with that word salad. Can't parse your trip reports when you get that far out into hallucinogenic dreamland. Are you still saying Dash would be lucky to get back to $10? Or am I speaking to the toknormal that believes one Dash should be worth 3-4 BTC? Please clarify.  |
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the united states ... isn't necessarily known for it's freedom.
Taxes, among other intolerable acts, are the reason there is a United States, rather than just a bunch of English colonies. The proper response to taxation without representation is tar and feathers. 'member this?  We fought a revolutionary war over issues like general warrants and writs of assistance, which is what the IRS is issuing to Coinbase for its due process violating fishing expedition. We killed or otherwise defeated our oppressors until they left us alone to be "a shining city on a hill." Back then we had muskets and cannons. Today we have sniper rifles, pistols, plastique, drones, chemical weapons, and undetectable poisons. All available over the internet. Back then, the tyrants' property and families were safe back in merry old England.... |
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Finally, yes, I am qualified to review John's code, and you ask why I don't? Honestly, because I couldn't give a fuck less. Even if all this was irrefutably true, and I went around saying it, not a damned thing would change. So, no matter the results of any review I do, nothing changes. Why waste the time?
You're posting here. By your logic you should simply ignore the thread and not waste time posting. If your goal here is to get me to shut up about their scamming, that's not going to happen, so you are doing the same thing you are accusing me of doing  And I don't even agree with you that not a damn thing will change if you review and give your conclusion. The more qualified people review the code the more their protestations become absurd and ineffective. If they didn't feel it was effective in keeping doubt open about the accusation, they wouldn't do it. Maybe your particular review wouldn't make a difference but it is one more that adds to the weight of it, and where is the line? What happens after 10 reviews, 20 reviews, etc.? Are they really going to continue to try to sell people on the same bullshit denials? I don't thinks so. Nope, you fail to realize I might care about something else other than that - which is trying to get you to stop making it look like the XMR community is a bunch of vindictive asshats. Whether or not it's true is irrelevant - that's what it looks like, and that's why I'm posting. But - unlike you, it seems - I know when to give up. Since anything I say will be ineffective, carry on. Peace. The XMR community is a bunch of upstanding individuals who cry fraud when they see fraud. Unlike a certain miner dev who carried water for the John Conner/Vcash fraud. You want to see "vindictive?" Wait until you get your karmic reward for helping the Vcash con artist, defending him from accurate accusations, and attacking those who tried to warn others not to get involved. The giant red warning signs were obvious all along. You've really made a fool of yourself here Wolf0. |
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I smell fear..
Sorry guys but john connor has proved himself as one of the most competent coders and developers in this space.
I smell schadenfreude. John Conman proved himself as one of the most competent conmen in this space. He fooled you. You carried his water. But he didn't fool fluffy, smooth, and I. How's it feel to be a chump, chump? |
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 I can taste their tears lol. So much butthurt here. Yes, the tears and butthurt of all the Vtrash True Believers is epic. So salty and yummy. How's it feel to be a chump, chump? |
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Vcash is ready and still is a revolutionary coin. It will not be hard to find good devs to take over the currency and implement some details like decentralized governance.
[long story about Satoshi]
There is a huge shortage of blockchain devs right now. It's not easy to find any at all, much less good ones. They have their pick of "revolutionary" projects to work on, with very high salaries, equity, and lavish benefits. Back when Satoshi left, there was no Bitcoin/blockchain industry nor any other projects for the handful of devs to work on (besides BitDNS/Namecoin). How does Vcash plan to match the $250k/yr salary, stock options, Cadillac health insurance, and daily massages that private industry is offering to top crypto talent? John Connor, The Code Stealer is a fucking degenerate gambler and a drug addict.
He stole code in the past, removed the attributions and claimed that it was his completely. Got exposed on bitcointalk shortly after.
Got rekt by Gregory Maxwell in and out of Github.
He knew all along that ZeroTime cannot scale, but he continued with the project because he wanted to make a Dash Version 2 out of Vanilla and profit from the masternode rewards for the rest of this long con.
You were all warned multiple times, even by some of the higher figures in this forum.
This guy is a walking warning sign
Excuse me while i'm puking my guts out.
That's right. GMAX, fluffypony, smooth, and I (among many others) tried to warn you guys about him. For our selfless, noble efforts, we were attacked and our own Monero project disparaged. That's fine, because doing well is the best revenge (Hello Bitfinex!). Anway, here's a partial list of the rude, rekt cucks who owe us apologies. Wolf0 = punked I am the guy = punked bitcoin carpenter = punked bigfryguy = punked pseudonymdude = punked ray88 = punked jimlite = punked EmilioMann = punked pseudonymdude = punked |
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Mazz admits that Vcash is a "well planned con" and he "doesn't want to have anything to do with it anymore". Well... I have respect for people who have the courage to admit that they were wrong. I hope you'll get to the bottom of it and find the truth. This is glorious. All those who were defending John Conner and attacking those of us who were warning others about him just got exactly what they deserve. The Hillary-level amounts of hubris and nastiness possessing Vcash scam defenders just got BTFO.  Who is "John Connor"?
Does anyone actually know?
Good question. We're looking for a good coder that's a cranky temperamental druggie and also writes in perfect college level English. I think John Conner is Wolf0, who repeatedly told us in an ironically strenuous manner all about why and how much he didn't care about the issues with Vcash code theft, while simultaneously scolding us for having the temerity to cry fraud when we saw fraud. |
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commercial time:
Your attempt at forum sliding is both pathetic and damaging to your (non) argument. Well, all fud from monero community last year, was to destroy Vcash, claiming that the dev stole the bitcoin's code, so he didn't know to code and never would deliver what was promised. You and your gang called him scammer and Vcash a scam. Well a year has passed, John Connor proved not only know how to code but also is one of the best dev in the crypto universe today. He discovered faults and presented the solution on bitcoin's code, solved a failure on peercoin that affected all currencies with POS mining and found exploits in various currencies including the monero, so ... He delivered everything promised in his roadmaps, on time and also implemented several other features that were not in the plans. A year has passed and Vcash became the best crypto on market, with all the features listed in my other post running smoothly and without bugs. And your monero? What has changed this year? Remains the same crapcoin ever and now with 12 zeroday exploits. What matters to the market if JC would used a few bitcoin lines in your code (he didn't) but created a technically perfect currency that is close to being discovered and goes to the moon? The only pathetic here are you, a crap coder that needs to stay all day in bctalk spreading fud against rival currencies, the thief Eduardo icebreaker and littleponey Thank you for acknowledging the critical role fluffy, smooth, and I played in identifying John Conner as a scammer and Vcash as a scam. Too bad your pathetic forum sliding couldn't change the ultimate outcome of Monero's victory and Vcash's ignoble fall into utter ruin. How's it feel to be a chump, chump? Now it's time to man up, eat crow, and apologize to fluffy, smooth, and me. |
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The Bank of England - no matter how valuable their pounds may be - cannot compete with Visa for reversing Mrs Jones's cornflakes packet when it got rung through the wrong end of the checkout belt. The Bank or England do not even interest themselves in that menial phenomenon because there exist multiple firewalls between their role as managers of the monetary base and a particular payment processors role of reversing Mrs Jones's cornflakes charge.
Darkcoin is not - and never will be - a payment processor. So don't try to see it as such.
Darkcoin is a monetary base or it is nothing at all (because Darkcoin isn't 'backed' by anything which is the definition of a monetary base).
Point of sale systems have nothing do do with a particular currency. They are simply a number cruncher machine that buffers lots of little banana sales in a supermarket which later get forwarded to the banking system once all Mrs Jones's misplaced orders have been reversed.
Unbelievable. I actually agree with the entirety of a toknormal post! But that was a long time ago (back in the Dark Age). These days Evan has been putting way too much scopolamine in the Kool-Aid for his victims to remain coherent, much less rational. |
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 Wow, Dash is really getting trashed these days, while Monero's future looks so bright I have to wear sunglasses. If anyone is wondering why, here is a great explanation from a recovering Evan's Gate cultist: I sold all my Dash. Here is why and my view on the state of Dash
The three killer features of Dash have issues:
1) Governance - This was an important idea and could have been very interesting. However, this governance model is unproven and thus far the results are lacking. It has been little more a grants system. The few large projects done with it have all been failures (PR, website design, ATM integration).
2) Fungibility / anonymity - Dash anonymity is severely flawed. People can just mix bitcoin if they want Dash-level anonymity. For people who want real anonymity they can use Monero, which is already has more network than Dash.
There is no market room for a transparent coin. The reason is because people who want public transactions can already use Fiat money. In fact, using a credit card they have protection in the case of not receiving goods, so there is negative incentive to use a crypto. For people who need to transact in a crypto and who also do not care about priivacy, they already have bitcoin.
3) InstantSend - This is a great feature, but other coins essentially have this feature due to lower block confirmation times or they outright have or are adding this feature. Dash has not gained from this feature nor will it because it has failed to gain network size before others implement the feature.
What about Evolution?
Evolution looks like an interesting concept. However, the development timeline is too far out. Look at how long 12.1 has taken to develop. It is far overdue according to timeline. The official Evolution timeline is about 18 months I believe. If that is the official timeline you have to imagine the actual timeline will be far longer. Let's say 2.5 years.
By that point I am not sure Dash will have any relevancy given the fast paced development of other coins.
The evolution white paper still has left the area blank that addresses better privacy / fungibility / anonymity. That is concerning.
 Ouch. |
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...gets on my tits too when peope whine about losses incurred due to risks they chose to take ...
ZOMG U R BLAMING THE VICTIMS!!  COULD U POSSIBLY B MOAR CHURLISH?!  Just kidding. Word of advice, stay far far away from the hardware sub if you value your tits' well-being! |
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<
1block calls his fork "Rune edition." IS THAT ENOUGH PROOF FOR YOU?>
No. Actually that is not proof of anything to me, that is why I asked. Your non-specific assertions are baseless and amount to FUD from my perspective.
What do you believe 1blockologist is a part of or has done that is bad?
What is the problem with BBR emission?
Are you saying it's just a random coincidence that a group of people were pushing for a rebrand to Rune that failed, and then another group begins a Rune edition after CZ abandons the project [unverifiable claims that previous and current Rune groups are unrelated] Bruh, I've been here since 2011. I solved 50 BTC blocks with cgminer before there was stratum, much less ASICs. No need to ELI5 the difference between a software fork and blockchain fork. Not even sure where you get the idea I'm confusing the two, as I never mentioned blockchain forks, intentional or otherwise. Seems like a handwavy distraction and/or attempt to impugn my credibility/expertise. BBR's and XMR's codebases have drifted apart from their common Bytecoin origin, so you can't simply "pull" things like LMDB, RingCT, etc into BBR. Of course you can reuse a lot of the work done for Monero, but it's still going to take 100s of hours to adapt the code for BBR, test it, and keep doing that as Monero moves forward. That's why I suggested it would be easier to fork XMR's code, modifying it with Wild Keccak replacing CryptoNight, than to go the other way. Since there's no way to verify you are not related to the original Rune pushing group, the only thing I learned from your post is that you are almost certainly not CZ. And that's not because you claimed it, but because you do not write like he does (native English speaker vs Slavglish). |
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A USD/XMR pair is great but how can we trust this exchange that got hacked because of retardedly stupid security setup.
So what have they done to improve on their security? How can we trust them when they lied about the hot/cold ratio in the first place? Are they still using that rubber stamp company for the third key that can be used to bypass legitimate users keys?
You don't have to keep coins on Finex. The advantage to Monero is that now people may buy XMR directly with fiat (and then withdraw them ASAP). As for your other questions, https://bitcointalk.org/index.php?topic=229438.0Yeah so there is no way I'm reading that whole thread. they lost 119,756 BTC which was far greater than what should have been in their hot wallet, they lied about their fund dispersal. So my question once again is why should we trust them now??? FYI stated not to leave funds on an exchange is nothing but a red herring. Why you think you would have to tell me that is laughable. LOL I dunno. Why do "we" trust Polo? Maybe because after suffering a hack, Polo paid everyone back and seemed to learn their lesson? Why do "we" trust Coinbase, after they lost everyone's ETC (and pushed silly ideas like XT and Classic)? Maybe "we" don't trust exchanges (or any 3rd parties) but make risk/reward calculations and take measures to minimize exposure? You don't need to read "that whole thread." All you have to do is post your questions about Finex-specific questions/concerns there, where they are more likely to be answered than on this non-Finex topic thead. |
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A USD/XMR pair is great but how can we trust this exchange that got hacked because of retardedly stupid security setup.
So what have they done to improve on their security? How can we trust them when they lied about the hot/cold ratio in the first place? Are they still using that rubber stamp company for the third key that can be used to bypass legitimate users keys?
You don't have to keep coins on Finex. The advantage to Monero is that now people may buy XMR directly with fiat (and then withdraw them ASAP). As for your other questions, https://bitcointalk.org/index.php?topic=229438.0 |
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if Finex is so unreliable that you would advise not keeping funds on there, why on earth are so many people seeing it as positive it is adopting XMR? Because you don't have to keep funds on Finex. The advantage to Monero is that now people may buy XMR directly with fiat (and then withdraw them ASAP). I imagine there weren't too many people pointing fingers at those having their homes repossessed in 2008/9 and saying "you should have known better". LOL you'd be very wrong about that! I guess you weren't there, or weren't paying attention. Millennial detected? Only an fool would buy more house than they can afford because their breath fog on a mirror gets them into a mortgage with a teaser rate (plus balloon payment) and the real estate bubble is a 'can't lose' investment. BTW, many people in crypto are "sour" because we're surrounded by idiots. EG, the whiners who want reward but then complain about risk. Not me though. I think everything is hilarious and am great fun at parties!  |
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Thanks for posting Tungfa. Any comments on the Coinbase IRS situation currently going on?
Welcome Master Rich! How was your harvest and fermentation this year? Any comments on GrandMasterDash's accusation that Dash is now nothing more than a gentleman's club, just like bitshares. The PoS hasn't decentralized... it just looks like that... most of the voting for these proposals is coming from a small club where individual MNOs are holding many tens of MNs.. colluding and doing as they please regardless. This is self evident, for if you look at the poll results of this thread you will see the opposite to what is actually happening. As one of the wealthy gentleman in that club, do you agree that for security/decentralization purposes the number of masternode owners and hosting providers is more important that the raw number of masternodes? |
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Accusing people of being emotion driven whilst describing them as 'butt-hurt' is somewhat hypocritical. And the idea of 'let's move forward' (and forget the past) is the sort of nonsense used by politicians after their own failed policies have plunged a country or region into chaos; far wiser to look back and learn from the failures of history.
Finex have had a dreadful reputation for many years with many forum users reporting all sorts of dubious behaviour long before the 'hack'.
Bad things happen in life of course but when bad things keep happening in the same place one should apply some appropriate caution. Mocking such caution is churlish.
Butthurt is the specific emotion driving Bitfinex derangement syndrome. Don't you know what 'IE' means? It means 'that is.' I never said "forget the past." To the contrary, I advocated taking personal responsibility (rather than blaming others) when the well known phenomenon of exchange counterparty risk rears its ugly head and those seeking extra reward eat the extra risk instead. If Finex was known to be so bad, those with funds there are even more culpable. And it's not the only place (IE, oops i mean, that is, exchange) that's ever lost customer funds. Churlish? Your post, with its utter contempt for reading comprehension, is by far the most churlish in the last dozen pages. |
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I wont touch Bitfinex again, so this news is 0$ worth to me. I doubt that anyone who got hacked will touch xmr there.
Poloniex was hacked as well, and took a similar approach of creating a token that was paid off with their profits over time. And, they credit XMR with helping them cover those losses. https://twitter.com/fluffyponyza/status/804033167376035840Unless it was a theft by Bitfinex, and as much as it may annoy people who took losses, would you rather deal with what Bitfinex did, or be a Mt. Gox investor with millions going to lawyers and administrators, and your funds being locked up for years? Hey now, let' not bring facts and reason into what is clearly an emotion (IE butt-hurt) driven 2 Minutes Hate against Bitfinex. Never mind that all this XMR volume will help them repay their debts of lost coins, the important thing is to look backwards, seething with ass-rage, and make baseless accusations of bad faith/criminality. It's not like people who leave their coins on exchanges in search of MOAR profit automatically assume the counterpary risk of something happening to those exchanges. /s |
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Uh oh, looks like someone didn't drink enough Kool-Aid: It is time to quit playing around with fungibility / anonymity of the coin.
Dash was released as Darkcoin with the promise of true anonymous payment. It has failed to provide anonymity and fungibility almost 2 year later.
The mixing technology of Dash is not good enough. It is slow, expensive, and requires people to opt-in to it instead of being on by default. That is not like Cash, so Dash cannot be Digital Cash.
What is shadowcash? Shadowcash is an anonymous coin built on top of Bitcoin technology (versus cryptonote which is an entirely new blockchain technology). Evan previously wanted to merge with Shadocash. So, Evan is aware of them and their technology. Why hasn't he implemented it yet? It offers true anonymous / fungible transactions similar to Monero. No mixing involved. Built on bitcoin blockchain.
Here is why Dash anonymity fails: It requires trust. Trust in the masternodes. Trust they are not logging the mixes and trust that your coins happened to get mixed in uncompromized masternodes. Masternodes are NOT anonymous, so it is easy for a state actor to target these nodes via hacks or targeting the people. That is not good enough and it is why no one accepts Dash's fungibility solution. The opposition does have valid concerns.
What about masternode blinding? Let's be real, this is vaporware. This has been promised for 1.5 years. And despite the code being "already done and tested" it has not been released. Why would working, tested code not be released when so many users are turned off and criticize current mixing. In addition, blinding is not instant. Lastly, even blinding the masternodes will not make the transactions as secure as shadowcash or monero. The transactions will still be correlatable. The ability to correlate gets less with more users and more mixing, but it can still make someone a target.
Here is the truth: People demand anonymity. The official argument from Core is that they don't want to focus on this now because it could make the coin a dark market coin which is bad for mass adoption. That would have been a good argument two years ago. The problem is Dash already has all the downsides of a darkmarket coin with none of the upside.
Here is why: 1) Dash started as Darkcoin, which was specifically targeting the anonymous crowd (and by relation dark markets. Look at the naming of the coin). 2) It already advertises being anonymous. The result of 1 and 2 is hindered mainstream adoption (by big business). The problem is 3) due to it NOT actually being anonymous (due to usability and severe flaws in its mixing) it also gets none of the benefits of being an anonymous coin because its an open-secret that Dash is NOT anonymous (hence why monero was adopted by darkmarkets and not Dash despite Dash being more mature).
So, what is the downside? We already suffer the downsides of being "anonymous" but since we are not really anonymous we get none of the upsides.
I think its time to finally fix some of the fundamental problems with Dash. Evolution is great and it is great to have an easy to use wallet (which is essentially what evolution is), but having a wallet for a product that is useless by design does not work. First, Dash needs to be useful and actually do what it intends to do which is be digital cash (it can never be like cash until the anonymity is solved). |
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