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Rename the whole shebazzle SaladCoin in honour of the tosser who started solidcoin.
It will be interesting to see if the implementations get into a protocol fight.
With bitcoin there will presumably be a common set of unit tests for implementers to work against.
With SaladCoin - just throw your code onto the same chopping block and try to keep your fingers clear of the other chefs knives.. don't worry if you're tossing a Waldorf and the other guy's cutting a Caesar - it's all just solid salad in the end!
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Ya that could have been in part due to Mallicious Bitcoin arsehats who think their coin is holier than thou with no room for others who chose to attack Solidcoin in it's infancy and start troll wars instead of open discussion for the betterment of the cryptocurrency as a whole.
I would have some sympathy for a fork chain being attacked if it wasn't run in such a dishonest manner. The claims on the solidcoin site are ludicrous trash. The guy clearly didn't understand the technical issues - but went ahead anyway, claiming it was 'better'. I'm fine with people experimenting, they don't deserve attacks just for that.. but when they push FUD about the original chain just to pimp their own money-making opportunity, it's hardly surprising some will go the full way to demonstrate why solidcoin is shaky as shit due to having an idiot at the helm rather than just 'discussing' it. The solidcoin guy isn't 'discussing' how to improve Bitcoin-based systems - he's just a lame dick trying to take over for profit. |
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How is SC differnet from Bitcoin?
It's run by a guy who likes to badmouth Bitcoin, who doesn't understand the protocol or the issues, and who makes claims like 'secure from pools' and then whines when someone demonstrated that SC is vulnerable. |
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Hopefully it's because Bruce realizes that his past dishonesty as one of the operators of Bold Funding makes him completely unsuitable as a spokesperson for bitcoin - and that he's lost the support of the community.
Well, I now hope their 'Bitcoin Show' is cancelled permanently for that reason. I don't really care about the rest of onlyonetv.
I used to be a supporter of it - and It has done some good things for bitcoin.
Unfortunately - it's just too tarnished now.
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Without opening it up to scrutiny, this is still just vapors masquerading as a fix for a problem that might not be that important in the long run. It sounds like yet again - someone is concerned about the unfairnesss of initial distribution more than the other important characteristics of the system. Perhaps you could fast-forward to a time where bitcoin distribution has played out (approx 21M coins issues) and the function of mining is to secure the system. What advantage does ?coin give and what problem is ?coin solving at this point? Also - have you taken into consideration the 'perverse incentives' your system of measuring economic activity may encourage? You talk of: difficulty of maintaining some excruciatingly elaborate economic simulation across a majority of nodes
.. but in fact it is possible nowdays (and moreso every day) to steam up entire networks of virtual nodes running sophisticated software stacks - and we don't need to talk of 'majorities' for this to be a problem. If fake economic activity gives even a marginal profit - it will become widespread enough to accelerate scalability issues on your chain. |
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Hmm - so 'backwards compatibility' isn't in the solidcoin lexicon, how about that.
Sounds like solidcoin should be renamed solidaritycoin - all for one and one for all.. no alternative implementations or backwards compatibility allowed - the one true dev shall guide us in homogenous adhocracy!
SolidCoin - *SOLID* like the DPRK is *DEMOCRATIC*
(and about as democratic too)
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I have kind of a problem here with SolidCoin....
Its database is allready 10Go... where Bitcoin database is only 2Go
And has all knows, SolidCoin has only been up for 14days... I am quite concern with this matter.
Can anyone give me an explication, and tell me if it will continue to grow like this?
Thanks
It's probably only the log files.. if you have a version of solidcoin that doesn't actually crash on shutdown - it might tidy them up when you stop and start it. I don't yet hold any confidence that the solidcoin dev will solve scalability issues though. The solidcoin accelerated schedule and shorter block timing will mean that they will potentially run into file size, bandwidth and other scalability issues if there is any real growth in transactions. It's possible the mainline Bitcoin developers will solve these issues and solidcoin can just copy that - but I know which devs I'd rather trust. Still.. if solidcoin does run into some scalability issues soon, it could prove a useful dataset for Bitcoin devs to examine! |
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Does your new coin solves the principal scalability problem of BitCoin?
By that I assume the ability to endlessly print new money ? Holy crap ignorance must be bliss. Don't worry - solidcoin dev will just swipe that code from Bitcoin when the Bitcoin team solves it (and release the untested code and claim it as an 'advantage') oh.. the solidcoin accelerated schedule means it might be their problem first!? Hilarity will ensue! (Actually it'll only be a problem for solidcoin if they get a serious number of users and transactions, so it does seem likely Bitcoin will solve it for all the parasite forks such as SC) |
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It's missing some .com domains registered with coin and bitcoin via tucows.
I registered 2 on 2011-08-20 that aren't showing up on that date.. or on the days either side of it.
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I mean that no-one will be able to simple put a bunch of iron on the network and amass a fortune. The only way they will receive a "large" number of ?coins is by selling something or trading for them.
Again, mining is still "viable," it's just not a primary driver of the market in any critical capacity, including the "early adopter" syndrome.
Without even a basic explanation of why a 'bunch of iron' (or even virtual iron) can't simulate trading under your system and therefore game your 'activity indicators' - this doesn't sound well thought out. What is going to verify that it's real economic activity? A central review agency? An AI you just need someone to code up for you? A voting system of network participants? (For which you'd also need to provide mechanisms against gaming) How is a transaction which didn't involve delivery of a good or service going to look different to the network than one that did? How can the network know whether the 2 ends of the transaction are even genuinely distinct entities? |
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B. Because of the secret sauce of A, there will never be anyone that possesses a massive number of ?coins through ANYTHING but real economic trade.
How can a network automatically detect delivery of goods and/or services and thus distinguish 'real economic' trade from fake trade (possibly run by a pool of systems around the globe) ? Unless you have a viable mechanism for this - it sounds implausible. Ideas are cheap - implementation is king. |
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You just called MagicalTux a liar?
I'm just saying you never know. There's little doubt that a BITCOINTELPRO campaign is being waged on the community by the FBI - the only question is the scope. My guess is they'll release a pdf... and maybe make a powerpoint slide or two. But hey.. even if they release the kraken, I expect they'll only succeed in making it difficult for US citizens. Bitcoin will still be useful without the US. |
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The wall was built where it was built.
The high hit it and nibbled some off it.
*shrug* That's how it looks to me.
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Hmmm  What was so hmmm-able about that? |
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I think that they mean that if a coin hasn't been spent or moved by the time it hits the 100K block, it's probably a lost coin and is given to the miner of the next block as that one is destroyed.
Which is an incredibly stupid idea. If I want to set aside some money for a few years they'd be "pruned" right out as "lost" coins and someone gets my money for no legitimate reason. Plus the fact that I found almost thirty dollars in change and two USB drives when I cleaned my mother's couch the last time I visited her.  And incredibly - this idea or something very like it keeps popping up. e.g recycle coins after they don't move for 5 or 10 years. I can only guess that the people suggesting it are very young.. and for them a 'decade' seems unimaginably long. It's an awful idea. |
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Not much on bitcoin here.. but they link to bitcoinwatch.com and the recent technology review article: https://www.technologyreview.com/computing/38392/?p1=featuredWhat's of interest here is just that the tech section of the guardian appears to be keeping a 'watch' on bitcoin stories and linking them. Betabeat has a 'bitcoin' section.. so I guess we're gradually seeing at least the tech sections of some media outlets maintaining an ongoing interest in Bitcoin. I wonder how long before the finance sections similarly keep tabs on it? |
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Which witch hunt would that be?
The one which really is a witch hunt (pattaya related), or the completely valid exposure of past business failings/misdeeds (Bold Finance)?
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I love the choice of pictures in this article! Gavin Andresen as Chow Yun Fat  |
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