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1181  Alternate cryptocurrencies / Altcoin Discussion / Re: SC Releases his 'white paper', hilarity ensues on: October 12, 2011, 05:27:47 AM
I can gaurantee you that bitcoinexpress is lying about his SC holdings because of the people who have told me what they made mining on the first day. All the biggest miners I know of made more than 60% of it. Leaving the smaller miners to take their share and then possibly whatever this guy thinks he got.

He doesn't have a significant holding of SC, ask him to prove it and he'll be unable to. Simply ask him to move SC around on the network so we can see it's under his control. Won't happen, like I've said.

So now the biggest miners hold 60% of the coins, eh? I guess throw that fairness right out the window. Weren't we promised that unlike bitcoin, solidcoin distribution will be more fair?

And what's up with you attacking Lolcust for 7.7 mil premine when YOU premined 13 mil? Sure you claimed it's locked up in the code. Where's the source code?
1182  Alternate cryptocurrencies / Altcoin Discussion / Re: SC Releases his 'white paper', hilarity ensues on: October 12, 2011, 05:09:03 AM
Hey BitcoinExpress, have you heard?
Make this EC2 farm run a bit longer until you are sure you collected 1.2M+ coins, and the whole network will be relying entirely on your good will.
No need to attack it. Isn't it sweet?

Let's make a cartel of coin holders, and use our power to double spend at will.

He probably already has half a mil. I can't wait when he becomes a "trusted" node. But CoinHunter probably has code in there that says a million coin owner only becomes trusted when he (CoinHunter) says so.

Looking forward to the source code...
1183  Alternate cryptocurrencies / Altcoin Discussion / Re: SC Releases his 'white paper', hilarity ensues on: October 12, 2011, 05:06:30 AM
I just find amusing that almost nobody liked when the goons came to tell us that bitcoin is a big scam, and now we have this...

Why do you think that is? Maybe because we actually think solidcoin IS a scam and bitcoin is not.

Yes, you think... The goons also THINK! Now, which one thinks the right thing, care to say?

I'm not even sure what you are arguing here...
1184  Alternate cryptocurrencies / Altcoin Discussion / Re: SC Releases his 'white paper', hilarity ensues on: October 12, 2011, 05:01:16 AM
I just find amusing that almost nobody liked when the goons came to tell us that bitcoin is a big scam, and now we have this...

Why do you think that is? Maybe because we actually think solidcoin IS a scam and bitcoin is not.
1185  Alternate cryptocurrencies / Altcoin Discussion / Re: SC Releases his 'white paper', hilarity ensues on: October 12, 2011, 04:52:16 AM
Not really. People could leave Deepbit tomorrow for some other pool, were he to misbehave. What recourse do SC users have against misbehaving trusted accounts. The answer of course is "your promise".

And in the meantime you are expecting the guy not to misbehave... And take action when he does misbehave lol

yet, here you are, giving the benefit of the doubt to deepbit but not to coinhunter lol

oops, there went your argument... fool

The owner of deepbit makes a lot of money each day if he does not cheat the system. If he cheats the system, he might make a lot of money at once. So would he kill his golden goose?

And CoinHunter, you are using the same logic to bootstrap SC2, where million sc owners have incentives to behave. So you can't go and attack deepbit. You can't have the cake and eat it too. So which is it?
1186  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Be ready when is launches! on: October 12, 2011, 04:41:02 AM
Important

I have some bad news. Unfortunately, I need to make everyone download a new binary (or source code) again. I found a flaw in my logic that could lead to a potential attack against the chain. Technical details in the next paragraph. Basically, some people might have been able to start mining on the real chain ahead of time. So I need to patch up the code to prevent that. I will make another post when source and binaries are ready. Really sorry about this, but it's good that I caught this.

Here's the technical details for those of you that understand and care. I locked down the genesis block such that only the genesis hash is checked in and you need to provide the genesis time and genesis nonce in order for the client to run. But if you modify the code, you can easily bypass this check. So you can start working on the chain by building on the genesis hash. I previously thought about this, so I found one block and locked that block hash into the code. Even if you start building a chain against the genesis block, you won't be able to correctly find the first block that matches the block hash in the code. Your chain will be rejected by all the other clients because the block hash won't match. This is all good, EXCEPT I accidentally left a client running on the real chain in the open. So if someone modifies the code to run against the genesis block, their client can request block 1 from me. And once they do that, they can start building their chain against that in secret. I am not 100% sure that someone is doing this, but I checked the logs and noticed a connection from a few unknown IP addresses AND I saw a few getdata calls that were requesting for blocks. Since it's possible that the blocks have been sent out, I will need to patch the code to lock another block in. This time I will find the 2nd block in private, and lock that in. I figure it's better to be safe.

Ok, I checked in a fix and uploaded a new Windows client. Please check first post.
1187  Alternate cryptocurrencies / Altcoin Discussion / Re: SC Releases his 'white paper', hilarity ensues on: October 12, 2011, 04:29:57 AM
...who have families, assets and things to lose...

you're going to do WHAT to their families and assets for misbehaving??

I believe if others scam or harm others in some way then justice should be served. It's quite simple. What else should happen to fraudsters and scammers?

I'm quite big on punishing those that hurt others, if someone finds it HARD not to hurt others I don't think they should be alive. Just my own life philosophy.

I got to ask. How do you plan to hurt them if they misbehave?
1188  Alternate cryptocurrencies / Altcoin Discussion / Re: SC Releases his 'white paper', hilarity ensues on: October 12, 2011, 04:04:10 AM
"Why can you trust someone with a million dollar account? Simply because if they have that many coins they are well invested into the SolidCoin system, if they tried to attack the network they would obviously devalue a great amount of their assets. But it's not just this simple, multiple people can have million dollar accounts so how do we sort out who is "more right" if they submit blocks at the same time? We trust the person with the most money, as they have the most to lose."

This is the same reasoning Lolcust used for why we should trust him with 7.7 mil premined. I can't trust Lolcust with that, and I can't trust these million sc holders. Sure, they don't want the coin to fail, but why can't they use their power to make more coins slowly? It won't kill the coin, but it will build their wealth. So now tell me why I should trust them.

This is correct, think of trusted nodes spending money to protect their investment, just like they do in real life with safes, etc.

So what happens after many years of this and all the trusted million dollar accounts are now less than a million dollar because they've transfered enough of their wealth to you and your CPF? Will you then become the sole trusted user and get to control everything? Nice! I'm looking forward to that.
1189  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Be ready when is launches! on: October 12, 2011, 02:19:34 AM
Important

I have some bad news. Unfortunately, I need to make everyone download a new binary (or source code) again. I found a flaw in my logic that could lead to a potential attack against the chain. Technical details in the next paragraph. Basically, some people might have been able to start mining on the real chain ahead of time. So I need to patch up the code to prevent that. I will make another post when source and binaries are ready. Really sorry about this, but it's good that I caught this.

Here's the technical details for those of you that understand and care. I locked down the genesis block such that only the genesis hash is checked in and you need to provide the genesis time and genesis nonce in order for the client to run. But if you modify the code, you can easily bypass this check. So you can start working on the chain by building on the genesis hash. I previously thought about this, so I found one block and locked that block hash into the code. Even if you start building a chain against the genesis block, you won't be able to correctly find the first block that matches the block hash in the code. Your chain will be rejected by all the other clients because the block hash won't match. This is all good, EXCEPT I accidentally left a client running on the real chain in the open. So if someone modifies the code to run against the genesis block, their client can request block 1 from me. And once they do that, they can start building their chain against that in secret. I am not 100% sure that someone is doing this, but I checked the logs and noticed a connection from a few unknown IP addresses AND I saw a few getdata calls that were requesting for blocks. Since it's possible that the blocks have been sent out, I will need to patch the code to lock another block in. This time I will find the 2nd block in private, and lock that in. I figure it's better to be safe.
1190  Other / Archival / Re: delete on: October 11, 2011, 11:44:09 PM
BEX still hasn't actually proven a damn thing, and has claimed an awful lot.
It wouldn't be hard for him to shift some coins around and show us that he has them.

If making a claim without providing proof is reason to be banned, then surely SC should be banned for claiming SC2 is 51% attack-proof but not not offering proof (e.g. the source-code).

Note: I DON'T believe making a claim without substantiating it is a reason for banning.

I'm not even sure why SC is on here tbh.

Bitcoin is an open-source, decentralised, peer-to-peer currency.
SC2 is a closed-source, centralised, peer-to-trusted node (which may as well be servers for the non-existent disclosure about them), currency.

I guess that it uses cryptography is the only pont of relevance - but when it's not even disclosed what the cryptograph(s) used are then there's really little that can be usefully discussed.  In effect it's a commercial product (you can't get much more commercial than taxing currency at creation - irrespective of vague assertions of "good intent" with the taxed proceeds) using this forum for free advertising - with the stated intent of harming the product this forum was designed to support.

+1 Well said.
1191  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Be ready when is launches! on: October 11, 2011, 11:40:49 PM
just a note that isn't mentioned in the unix help file, had to
Code:
sudo apt-get install libglib2.0-dev
in ubuntu 11.04 to get litecoind to compile (fresh reinstall as of yesterday)

litecoin-qt compiled just fine following the debian instructions(this was before I tried litecoind)

Now to try to get the miner to compile...

miner should be pretty easy, just get:
automake
libcurl
libcurl-devel

And you should be good.

Any news of Intel optimizations !?

Try following the first post. Or if you have time read through this (https://bitcointalk.org/index.php?topic=1925.0) and tell us what you find out.
1192  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Be ready when is launches! on: October 11, 2011, 11:28:46 PM
just a note that isn't mentioned in the unix help file, had to
Code:
sudo apt-get install libglib2.0-dev
in ubuntu 11.04 to get litecoind to compile (fresh reinstall as of yesterday)

litecoin-qt compiled just fine following the debian instructions(this was before I tried litecoind)

Now to try to get the miner to compile...

miner should be pretty easy, just get:
automake
libcurl
libcurl-devel

And you should be good.
1193  Other / Archival / Re: delete on: October 11, 2011, 11:04:34 PM
I'm responding to Maged the user and hope you don't retaliate with as a mod.

BitcoinEXpress made it clear he had free usgae of EC2 for months now, this isn't new and his use of them isnt new either. Just ask Lolcust or Coblee who runs Fairbrix. BCX made it clear before he did what he did, what was going to happen and it did.

You certainly come across as someone who is jealous and I advise you to take your own advice, if you can put up "Proof" that BCX was lying, in spite of the fact A LOT of very knowledgeable including ArtForz has said he has the ability,

If you can prove, like you said, Then STFU and quit bullying people with your MOD status.

Yes it was out right bullying and RandyFolds is spot on.

According to BCX, he was the one that attacked Fairbrix. It was a very effective attack. It took him minutes to generates the same number of blocks that the network generated in hours. And his chain wiped out and orphaned the network chain. So if it was really him (no one else has stepped up), he does have a lot of power in his control. And he also told me that his attack was just to test out an attack that he would do on SC2. I can't prove if anything he said was true, but I believe him.

I think the banning of BCX was a bit premature. Why does he have to prove that he attacked SC2? And how do you expect him to prove that? Show you a screenshot of a massive amount of solidcoins? Any proof can be faked, right?
1194  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Be ready when is launches! on: October 11, 2011, 10:19:35 PM
I have no control over the launch time. Only the poll does, so go vote.

I voted Thursday and so did most other people so why are you saying Wednesday now !?

Please check your timezone. The last option in the poll is Thursday in GMT but Wednesday in the US. And that's 29 hours away.

Yes I am in London so GMT is the time I need. So then it is Thursday my time right !? Please make it in afternoon not at 3AM like SolidCoin !

Now you're just being dumb. Why do I even bother responding to you?

Why am I being dumb ? I am asking you to release it at a reasonable time so I don't have to stay awake all night then go to work the next day without having slept a minute etc.

Please consider this. Thanks !

Read the first quote above again. I already said that whatever option wins out in the poll will set the time of launch. So why should I make the launch later just for you... especially when you call me a Japanese scammer in your sig?
1195  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Be ready when is launches! on: October 11, 2011, 10:14:07 PM
I have no control over the launch time. Only the poll does, so go vote.

I voted Thursday and so did most other people so why are you saying Wednesday now !?

Please check your timezone. The last option in the poll is Thursday in GMT but Wednesday in the US. And that's 29 hours away.

Yes I am in London so GMT is the time I need. So then it is Thursday my time right !? Please make it in afternoon not at 3AM like SolidCoin !

Now you're just being dumb. Why do I even bother responding to you?
1196  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Be ready when is launches! on: October 11, 2011, 10:05:26 PM
I have no control over the launch time. Only the poll does, so go vote.

I voted Thursday and so did most other people so why are you saying Wednesday now !?

Please check your timezone. The last option in the poll is Thursday in GMT but Wednesday in the US. And that's 29 hours away.
1197  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Be ready when is launches! on: October 11, 2011, 10:03:03 PM
I swear the launch is on Thursday right !? Please make it as late as possible ! Thank you !

I have no control over the launch time. Only the poll does, so go vote.
1198  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Be ready when is launches! on: October 11, 2011, 09:49:17 PM
Looks like the launch will be in 29 hours and a bit. The actual time will be announce in about 9 hours. Stay tuned.

Question for technical people. Would it be a bad idea if I told people to add "addnode=<myip>" to their litecoin.conf file so that they will immediately talk to my client for the genesis block? Would that overwhelm my client and take my client down? Or does bitcoin handle that well?
1199  Other / Archival / Re: delete on: October 11, 2011, 10:33:05 AM
coblee, what do you make of the OP. everyother block goes to coin protection.

Only one thing to say.... Litecoin is coming soon.
No premines, no coin protection fund, open sourced, and a fair release.

BitcoinEXpress, if you are reading this, please don't attack Litecoin. :p
1200  Other / Archival / Re: delete on: October 11, 2011, 10:02:12 AM
Science fact: A million premined affects the market far less than a million hax-mined.

Got to agree with you there.
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