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201  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 25, 2013, 04:09:13 AM
What I meant to imply is that you are butthurt because Dan took your ideas and implemented them while you are still musing over your white paper, which Dan still seems to lack to date.

I am not musing over a whitepaper having never had an intention to write one. I have been musing over how to make sure everything can work rather than diving into coding something with various and numerous flaws. From this, I have a fairly unique perspective on how to design a cryptocurrency that is not reliant on proof-of-work for its security, nor centralization. The emunie devs could benefit greatly from this, but would apparently rather protect the first-run flawed design and flawed philosophy of programming first and bugfixing second. This *is not* the correct way to do it. There are far too many things that can go wrong. And Dan did not take my ideas, at least not by any stretch that I can figure.

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And just to clarify, my ideas regarding filtering MAC Addresses are not silly, I was well aware of the fact that it can be gamed, but your too technical mind never seemed to understand the real purpose of doing so - it was to make gaming the system costly and troublesome, not impossible.

MAC addresses are not transmitted over a WAN. MAC addresses are used to identify hardware over a local network, or hardware to an ISP to verify that you're a customer. They cannot be used to keep track of people connected to a distributed network. And they are easily spoofed. And there is no way to come to a distributed consensus as to what MAC addresses or IP addresses are connected to the network. It is a completely flawed premise. If you don't understand that--whatever. If Dan doesn't understand that, emunie has serious problems ahead of it.
202  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 25, 2013, 02:21:57 AM
The "typical" QT? emunie is not a bitcoin clone, buddy.
203  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 25, 2013, 01:38:05 AM
I am not butthurt, and especially not about your logo as your poor formatting would seem to imply. I called out bitcoin's bullshit within a week of learning of it, and my account was squelched, that is why this one is named Etlase2. I have also not resorted to personal attacks--referring to the fact that you lack significant knowledge in the area of distributed networking is not a personal attack, it is the obvious truth. Whenever I bring this up, you ignore it because you know it is true. Have I called out the emunie devs for being full of shit? Absolutely, as is my right to post on the internet until the local powers that be decide I need to be silenced. I'm not giving emunie any leeway because of promises and wishes, facts need to be provided, plain and simple. When that starts happening, I will shut up about the lack of facts and spend a little time on pointing out flaws if I can find any. To interpret this as being butthurt is your prerogative, but all it does is reek of fanboyism and continuing the lie-filled PR box surrounding cryptocurrencies that started with the huge pyramid scheme known as bitcoin.
204  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 23, 2013, 10:26:22 PM
@Etlase2, not sure what you're trying to pick up on,

Imagine that.

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but I shall remind you that eMunie is an "agile" development project, it's not Bitcoin and will never be.
http://en.wikipedia.org/wiki/Agile_software_development

Agile of course being another word for centralized. It is not an excuse for flawed designs, nor is it really a solution.
205  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 23, 2013, 10:16:04 PM
I'm not sure about other members in eMunie forum (which you like to call "ass kissing" people), but I sure was the first one to question the legitimacy of eMunie system.
http://forum.emunie.com/threads/emunie-hoarding.11/

The posts that say "etlase2" next to them are the ones that I write, not any others. I used the word sycophant.

Questioning the legitimacy of a poorly designed monetary system is secondary to scalability and security issues. Hell, it's tertiary. Mistakes like these:

"As [interest is] also capped at 1EMU [per account],"

Are not critical vulnerabilities, but they suggest a lack of true game theory design development. Not a good sign combined with the fact that we don't even have any details on how basic transactions work.
206  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 23, 2013, 09:46:42 PM
Yes compare the SolidCoin dev, to a dev who was created a technology like NFC,

Created NFC? Not according to the horse's mouth. But subtleties tend to be lost on mouth breathers. And when video games and near field communication apps are in the same universe as a distributed currency network, let me know.

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again it seems all of you guys seem butthurt that fuserleer is actually getting shit done while you circle jerk each other off.

Oh look, ad hominems in lieu of any whit of valuable discussion. Such progress.
207  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 23, 2013, 09:02:22 PM
Course, if you are referring to people actually liking the dev, well then shame on us for being humans capable of emotions.

The problem is when emotions get in the way of common sense. This silliness that the dev can do no wrong is very reminiscent of SolidCoin during its initial (closed source, totally controlled) phases. Although most of you folks were probably not around for that. And guess what, SolidCoin still has about the same 10 users it had 2 years ago.

Fuserleer has had mistakes and misconceptions on some very basic concepts and has revised what emunie "does" as a result. I am not faulting him for that, but to pretend that this project can be released successfully without any analysis even on the basic ideas or letting people know how it works is asinine. Because right now there is no explanation for how anything works. This needs to be corrected toute de suite. Otherwise it just looks like another attempt to sucker in some people to the benefit of the early adoption pump n dump.
208  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 23, 2013, 05:15:12 PM
Dan needs to learn how "ooh forks are fine" does not do anything to solve the double spending problem. You need to learn how to get a clue besides knob slobbing. You don't even understand the basic concepts behind MAC addresses or how a distributed network works, so anything you say is completely and absolutely ignorable.

Dan does need to waste his time talking to people like me who can actually provide attacks, vulnerabilities, and feedback. Dan is not some infallible god as evidenced by the fact that he has completely changed how emunie works like 4 times now because of vulnerabilities that he did not consider.

What Dan does not need is sycophants. You are useless and in fact detrimental.
209  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 23, 2013, 06:35:48 AM
Unlike you, I am not so easily impressed by infographics and false explanations. Neither will anyone else be who understands the dynamics behind a p2p distributed shared file. The time to discuss what actually will make emunie tick is now, so people can find vulnerabilities in the logic, not a year down the road when the source code is finally released.

I did say probably full of shit because fuserleer has not once satisfactorily answered a technical question. I have been told to "check the forum" several times--where there is nothing more than the same lack of real info, and again by another mouth breather, but I have started two topics (unanswered) already, and will continue to post more depending on whether or not fuserleer actually wants to gain some credibility.

http://forum.emunie.com/threads/how-do-hatchers-choose-transactions.194/
http://forum.emunie.com/threads/so-whats-a-mediator.193/
210  Bitcoin / Bitcoin Discussion / Re: If cryptocurrencies become huge, maybe none are good as a store of value on: July 23, 2013, 06:18:10 AM
but.. but.. it's a stock! like apple! but... whoever gets there first wins! look at facebook! but... the utility bitcoin creates is unique! buy! buy! buy!
211  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 23, 2013, 05:32:36 AM
Oh please. Roll Eyes Besides, I don't know why you're responding to my post as it had nothing to do with the sourceness of emunie, just the fact that fuserleer is probably full of shit. I don't believe emunie has a proper system for preventing double spending, and I believe it is totally unscalable if any of the silly ideas that ecoinomist talks about are implemented. But I can't really be sure since no one who actually knows stuff wants to discuss anything. This does not, believe it or not, require releasing the source code.
212  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 23, 2013, 03:50:16 AM
This is why bitcoin and the general state of crypto's has failed. It's no longer about changing the world but profit and greed. By striving to replace the banksters and cheats, bitcoin and the cryptos have supplanted the said evil we all set out to fight.

To the haters, you should come by and see what we have going on. If you are so passionate about open source and what cryptos are supposed to be about, you should at least give us a chance. You may even present a good conversation that can change the process! At the very least with hands on experience and the facts from our own forums, you could if nothing else make a stronger argument on why us b00bs should wither up and die.

give them some good stash of eMunie at the start and let them earn ridiculous 1,000% interest rate per month without doing any work Wink


PS - I have yet to receive one satisfactory answer to any question by anyone that matters. I am willing to poke holes, but if the policy is to keep the wool drawn, what the heck is there to learn or discuss? So far all there is is some technobabble-disguised bullshit that fools less technically inclined people. I don't buy it.
213  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 22, 2013, 06:06:55 PM
Paypal solves those issues too.

 Cheesy
214  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie on: July 20, 2013, 02:58:47 PM
It will be the first digital currency to have integrated decentralised exchange right inside the client. Dan (the developer) is currently working on first beta client to handle basic transactions, integrated exchange is scheduled to be released soon on second phase if I'm correct.



So it is really just like PXC? The whole point of the coin is for the dev/team to produce long-term revenue streams for themselves through micro-transactions?

Or does the exchange operate with 0% transaction fees and is powered via the miners? Explain decentrailized more if you can.

He can't. The "decentralized" exchange is just a huge waste of bandwidth making *everyone* keep track of bids and asks over the protocol while your fiat money is still just as centralized sitting on dev-approved, regular ol' centralized exchanges. It is all-around a dumb idea.
215  Bitcoin / Development & Technical Discussion / Re: A question on ECDSA signing (more efficient tx signing)? on: July 18, 2013, 07:20:24 AM
Aggregate and Verifiably Encrypted Signatures from Bilinear Maps - Boneh et al

An aggregate signature scheme is a digital signature that supports aggregation: Given n
signatures on n distinct messages from n distinct users, it is possible to aggregate all these
signatures into a single short signature. This single signature (and the n original messages)
will convince the verifier that the n users did indeed sign the n original messages (i.e., user i
signed message Mi for i = 1; : : : ; n).


Don't know about ECDSA, but bilinear map-based signature schemes are all the rage these days...
216  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie the only unique and interesting alt-coin out of all these sh*tcoins on: July 17, 2013, 06:00:01 PM
Never said a thing about the monetary system being centralised. The Foundation? Yes. The system? No!

What's a mediator? And your pretty infographic has nothing to do with the money supply. It also explains precisely nothing.
217  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin safe against a quantum computer? on: July 13, 2013, 05:36:16 PM
Because linear key space expansion exponentially increases brute force difficulty.  /Thread

It's a shame that factorization to prime numbers is not a brute force attack.
218  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie the only unique and interesting alt-coin out of all these sh*tcoins on: July 13, 2013, 04:49:58 PM
His intentions don't matter if the system is not secure. They likely won't matter if the system is centralized or completely unscalable, either.
219  Alternate cryptocurrencies / Altcoin Discussion / Re: eMunie the only unique and interesting alt-coin out of all these sh*tcoins on: July 13, 2013, 01:32:08 PM
The only reason eMunie is even mentioned here is not to get this communities approval, but to see if this 'highly intelligent' community can break it/game it/etc.

Can break or game what? You guys won't even answer basic questions, so how could anyone try to break the system? It doesn't have to be open source, as long as it is planned eventually, and a premine (imo) is not a big deal as long as a lot of the money is given away and the emunie developers won't have any control over the monetary system like ripple. Those things make sense from certain viewpoints regardless of what the majority of the get-rich-quick jokers here think.

But not one actual formula for anything has been posted, or even any actual detailed mechanics, and ecoinomist essentially admitted in my thread that the monetary system will be centralized. That is a problem.
220  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin safe against a quantum computer? on: July 12, 2013, 05:39:08 PM
As we all know elliptic curve cryptography is vulnerable to a quantum computer. For a conventional computer difficulty of breaking 256-bit key equals 256/2=128 bits. For a quantum computer it's just sqrt(256)=16 bits.
Bitcoin address is a hashed public key of 256-bit EC. Hashes are resistant to quantum algos, so while someone keeps his public key unknown it's OK. But when he wants to transfer his money he must reveal the key.

Some things need clarification:

A 256-bit EC key has an effective security level of 128 bits against brute force attacks. EC keys can be broken in minutes regardless of the number of bits, theoretically as long as the QC has enough qubits. Shor's.

A hashing algorithm such as SHA-256 would be reduced to the sqrt of 256-bits which is 128 bits, not 16. Grover's. So any hashing algorithm or public key system that does not rely on factoring is as secure with double the bits.

Banks do not store your money via public/private keypairs that are accessible to everyone. Arguing that banks will be insecure is downright stupid. Yes their websites will be insecure, but the money will be fine. Bitcoin is far, far more vulnerable than the traditional banking system to quantum computing.
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