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141  Economy / Economics / Re: Bitcoin Adopting Countrys' Ultimate Guide to Taxation on: August 22, 2013, 03:53:08 AM
What this means, ladies and gentlemen, is that anyone who says taxation will not work in such a future is wrong, and they fail to see the whole picture.

I don't think many are naive enough to believe that cryptocurrency will eliminate taxation. What it does do is force governments to actually collect taxes rather than using inflation as the crutch to support government bloat. It is less easy to relieve citizens of their hard-earned money when they have a direct line of sight to taxes. Revolutions have been waged when such things were the case.
142  Other / Alternate cryptocurrencies / Re: mcx plaintext passwords on: August 18, 2013, 08:45:09 AM
Don't follow established practices just do anything you feel like no matter how stupid (and pointless).  

like using a different password for every website?  I know you guys have an agenda to push here, and need to make rs or the website look bad, but try harder.  

If anyone has an agenda to push, it's DeathAndTaxes. He is the hardcorest of hardcore bitcoin proponents and unequivocally biased, but he is totally, 100% correct here. Passwords, especially passwords that protect money, should not be stored in a reversible format. That is madness. (That is, of course, if actually true.)
143  Other / Alternate cryptocurrencies / Re: Can the asic miners mine scrypt currencies ? on: August 16, 2013, 05:27:55 AM
Well given that sASIC exist with 10x to 20x as much memory (as in on die negligible latency SRAM) as required for "LTC Scrypt" I don't see the "128KB barrier" being much more than paper thin.

It boils down to requiring more chips instead of more memory, and each of these chips must have access to a small amount of fast memory. Cost to build, electricity usage, etc. are still factors in play and there is no "slam dunk" that this is a more or less effective way to be ASIC-resistant.

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The only real barrier is that the market cap (and thus annual mining revenue).  It is still laughably low.

$50m is laughable?

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LTC (et all) could have been memory hard but they chose (either by negligence or malice) to set the "barrier" incredibly low.  The minimum recommendation by the AUTHOR (not some random guy but the guy who wrote it) is ~20MB of scratch pad.  LTC chose to use ~1% of that.

The security of the network is not at risk because of the scrypt parameters chosen. Do not imply that it is.
144  Other / Alternate cryptocurrencies / Re: Can the asic miners mine scrypt currencies ? on: August 16, 2013, 04:06:03 AM
The default Scrypt parameters were designed to do that.  The parameters changed in LTC (and copied over in all clones) were weakened to reduce the memory hardness by 99%. 

Memory, in general, is cheap. Fast memory is not. If the memory parameters are large with scrypt, an ASIC could be built using cheap memory with a smaller amount of processing units (or slower/cheaper ones). The LTC scrypt design seems to be in a very reasonable range where lots of chips can be used, but each requires a reasonably-sized amount of expensive memory and fast buses to keep up. It's difficult to say how it will/would have played out when/if ASICs are designed for the LTC scrypt algorithm. But for now, GPUs being in the sweet spot could only be a good thing imo, botnet coins are no fun.
145  Other / Alternate cryptocurrencies / Re: Can the asic miners mine scrypt currencies ? on: August 16, 2013, 03:52:22 AM
Can the asic miners mine scrypt currencies ?

No. The current crop of machines referred to as ASICs around here are built for SHA256 hashes. ASIC simply means "application-specific integrated circuit", it is not specific to bitcoin, or to SHA256 or scrypt or anything. It is a generalized term for hardware that performs specific tasks.

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i mean supposed the there is a new software version for enabling them to mine SCRYPT currencies (which is a lot) ?

ASICs are a piece of hardware, written in silicon. There can not be new software versions. New designs must be created and new machines must be built for scrypt, or any purpose.

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and if yes then at what performance?

This would require a lot of engineering time to figure out. It also depends on how good those engineers are. Scrypt is a very complex algorithm that attempts to punish you by requiring more memory the faster you go. It is called a time memory tradeoff. In contrast, SHA256 is rather simple: faster is better.
146  Other / Alternate cryptocurrencies / Re: Strange mining rig issue on: August 13, 2013, 02:40:03 PM
Two seperate cards are in the EXACT same boat? I kind of doubt it, especially since I have to RMA one 7950 already...


yeah that's what I get for being up at like 4am... I was thinking you tried the GPU in two computers. Have you checked the motherboard for leaking/exploded capacitors?
147  Other / Alternate cryptocurrencies / Re: Strange mining rig issue on: August 13, 2013, 11:16:08 AM
After trying 50 or so times, the rig booted! But only to the "Starting Windows..." screen, then it hung. Sad

Considering it's a mining rig, the video card is most likely fried--as opposed to being a m/b or psu issue. PSU and motherboard issues tend to result in random or frequent reboots. What it sounds like is happening here is that as soon as 3D acceleration drivers get loaded, the card is taking a dump. I think the VGA port still bypasses any fancy chips until those drivers are loaded, whereas DVI/HDMI probably don't, and this might be the reason why you were able to get further using that port. Although since it has only "worked" once, it is still pretty likely that the card is in a real bad way.
148  Economy / Economics / Re: Why would Bitcoin deflationary philosophy good since 1929 was due to deflation? on: August 13, 2013, 08:58:25 AM
I don't see how you draw that conclusion. Bitcoin is deflationary and in the sense that it temporarily mints it could be construed as "inflationary" during that time(?),

Lepko, it is important to know around here that the typical bitcoin-washed person refers to "deflation" as meaning prices, but then balks at inflation referring to prices when it can only mean an increase in the supply. He knows what you mean but is twisting what you say into definitions that defy how the average person or economist uses the terms, and then plays dumb--because there cannot possibly be monetary supply increases other than what's scheduled, and thus concluding that there is no inflation in (the) bitcoin (supply) while ignoring prices.

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Last year I could buy 4-5 loaves of bread with a BTC. One year later, I could buy up to 50, depending. I watch year after year as my fiat buys less and less and I am powerless to stop that. Artificially boosting circulating monetary units is of no value to my family. I will stick with the deflationary option that isn't history's most impressive ponzi that has yet to collapse.

Throw in an anecdote of "this is how deflation works" and you're all set up with the pretense that there is no possibility that "one year later, I could buy 1/10th of a loaf", or "I could buy 50 but my 800 neighbors are destitute".

The indoctrination into the bitcoin school of economics is rather refined and effective. Tread lightly.
149  Other / Alternate cryptocurrencies / Re: [NEWS] eMunie: Some general news and 100% Anonymity on: August 11, 2013, 09:49:18 PM
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Bottom line, you don't like the project, the idea, whatever that might be, then that's your opinion and you are entitled to it.  My issue with you is the way you present yourself...almost demanding that I answer your queries as if I am obligated to do so and require YOUR approval to proceed.  

You are mistaking directness for demanding. I see no need to beat around the bush. This is also the internet--fuck pleasantries. You ran away pretty quick from the tough questions in the original thread, and it only makes it look like you don't have a valid answer. It's OK if you don't, but if you won't answer, the only thing you leave is for those who can speculate to speculate. I will like the project if the project is not some pyramid scheme and is defensible under heavy scrutiny. I will not like it if a bunch of people get carried along into losing their time and/or money. While the situation with emunie is somewhat different, it is still a safe historic bet to go with the latter scenario--until proven otherwise, which you can change at any time.

edit: I should note that I consider bitcoin and all of its clones just a long con, and really the only other two (solidcoin and ripple) are quite shady in their own right, so I have a pretty poor view of cryptocurrencies in general. So I do applaud the fact that you are working on something different, especially in regards to the money creation process, but it has to be bullet-proof.
150  Other / Alternate cryptocurrencies / Re: Decrits: The 99%+ attack-proof coin on: August 11, 2013, 09:16:10 PM
No ETA yet. I have implemented part of the network protocol that processes incoming network packets and keeps track of unconfirmed transactions.
151  Other / Alternate cryptocurrencies / Re: [NEWS] eMunie: Some general news and 100% Anonymity on: August 11, 2013, 09:02:13 PM
I understand plenty enough to complete this project, and anything that I happen to come across that I don't, I will learn until I do...there's no shame in that! [...] No, that would be immature.

Was it not you that programmed this somewhere in the background without any review and announced an official release date in your initial post regarding emunie? Was that not somewhat immature? There are not simple solutions to BFT, sybil, and double spending, not to mention scalability, and all this without proof of work--it is a lot to chew on.

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There's a saying you know, you might want to take heed to, it taught me a lesson a long time ago....."The greatest mistake that smart people make, is thinking that no one is smarter than them."

Are you not following the same words? Presuming that you can fix all conceivable problems with no peer review? It seems like you've already had to fix an awful lot just based on the few tidbits gleaned here and there.
152  Other / Alternate cryptocurrencies / Re: [NEWS] eMunie: Some general news and 100% Anonymity on: August 11, 2013, 08:42:05 PM
Additionally to the above, there have been MANY people that have questioned eMunie and what I want to do with it.  Some of which have pointed out potential flaws that have been investigated, others that had concerns that weren't justified when looked at.

Point being, I had zero problem at all with these questions or queries as they were presented in the correct and respectful manner, not "demanded" which is how your queries come across with a hint of ridicule.

Your cryptography experience is suspect. I am sure you are learning quickly, but you have made some posts that do not sound like someone who understands deeply things like BFT and sybil attacks and double spending.
153  Other / Alternate cryptocurrencies / Re: [NEWS] eMunie: Some general news and 100% Anonymity on: August 11, 2013, 08:39:48 PM
Your problem is the aggression in your pursuit of answers to these questions, which comes across as acute arrogance and a disrespectful attitude. Both of which I have no patience for.

I gave up that pursuit. You've made it clear that it will bear no fruit by not bothering to respond on your board to some simple, direct questions--this was after encouragement from the emunies to post there.

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The proof is in the pudding so to speak, but that pudding isn't ready yet, so calling bluff on something unfinished is just childish.  That not being your intention matters not, as your execution of it is what causes friction and disgruntlement.

I haven't called your bluff on anything. I came here to respond only to those who think that this post somehow answers an unanswered question. It is, however, an ongoing trollfest at this point and I will end it here. The mentions of prior art was a touch over-dramatic, but I did recall the first thread I linked to offhand. Wink
154  Other / Alternate cryptocurrencies / Re: [NEWS] eMunie: Some general news and 100% Anonymity on: August 11, 2013, 08:09:14 PM
Last time I checked transmission was different to encryption.  Encryption was only the part of it.

omg statements like these... How is this in any way a response to what I said? It doesn't even mean anything.

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I've never attacked anything of yours, your decrits idea is not a bad one, and yet you seem to be hell bent on criticizing me and my work. I aspire to be professional at all times but tbh I'm getting quite royally fucked off with it.

Right, criticizing meaning: I asked questions in the initial thread about the security model that are unanswered to this day, and someone asked me to provide thoughts on emunie in my thread to which your puppet army took to task. And the only reason I posted in this thread, because it once again is meaningless if your security model is inept, is because puppet #1 just had to send a pm going "look, it's secure!" when this is clearly no network security model.

The major questions of emunie's viability remain unanswered, thus any proposed bells and whistles are uninteresting. There is nothing for me to criticize except the lack of detail.
155  Other / Alternate cryptocurrencies / Re: [NEWS] eMunie: Some general news and 100% Anonymity on: August 11, 2013, 05:14:45 PM
Whatever, it's hard to take you seriously when you bring up a bad implementation of ECDSA as evidence of a problem with ECDSA. I am always open to learning more about cryptography, but coming out of the blue with implied theoretical attacks requires a bit of exposition, don't you think?
156  Other / Alternate cryptocurrencies / Re: [NEWS] eMunie: Some general news and 100% Anonymity on: August 11, 2013, 04:16:30 PM
There is no "key wear" problem with ECDSA as long as k is random
Is your opinion based on your own research?

Actually, I am partially incorrect, it should be (apparently) as long as k is chosen carefully.

Piss-poor implementations of ECDSA such as the thread you linked to earlier is hardly evidence of a problem of key wearing.
157  Other / Alternate cryptocurrencies / Re: [NEWS] eMunie: Some general news and 100% Anonymity on: August 11, 2013, 02:29:59 PM
So "Looks like key wearing problem is solved by eMunie, be it intentionally or accidentally" is VERY intentional. Cheesy

There is no "key wear" problem with ECDSA as long as k is random, so it's rather odd that you've fixed a vulnerability that doesn't exist.
158  Other / Alternate cryptocurrencies / Re: [NEWS] eMunie: Some general news and 100% Anonymity on: August 11, 2013, 02:09:07 PM
That is strange. I saw him on our forums after this post was made, but nothing here. booo.

Oh I was just double checking that the guy proposing to patent this didn't know what ECIES was a week ago.

There is also prior art, and what looks to be a much better idea than yours and that one here. Time for a rewrite again, lol. Also prior art on using ECDSA to encrypt.


I believe Dan answered your question here:
https://bitcointalk.org/index.php?topic=270909.0

Did you have a chance to check that out?

What does ECDSA security have to do with double spending? (Nothing.) This does not answer anything about the viability of the network's security model. It also throws out any notion of your eMugraph, as if it had any viability to begin with. Still working on that AI to determine how much money to create?
159  Other / Alternate cryptocurrencies / Re: whats better to do premine or take part of each block ? on: August 07, 2013, 04:29:33 AM
and even then it will be the fairest relece possible  Smiley

expectations++
160  Other / Alternate cryptocurrencies / Re: [ANN] [ANN]!!! on: August 07, 2013, 04:25:54 AM
I like threads that use the [ANN] tag, it means I don't even have to read the title and can just skip it. (This one was short enough though Smiley)
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