Newsletter 8 has a different header ... with a different color scheme. Are they changing it?

Not sure if i'm doing this right?

Q: What is required for joining?
A:
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Post a entry similar to this one.


Votes + fees               : 20 xmr
registered IRC handle :  goin2mars
payment ID : do i make this up or do I pm you guys?

Pretty good list if I do say so.

1. Would you see this as an economic ground globally 'unified' by a network location, rather than a geographic location? What kind of topics do you consider areas of economic ground that is currently unjust? Like higher education costs, and healthcare/pharma? Apart from the possible competition introduced in pharma by having decentralized global marketplaces, what do you see in store for in-house treatments like $400 x-rays, or $3500 MRI scans? What can be done to make that a 'reasonable and fair' cost, if a cryptocurrency were to be a major driving force in the new economic ground? Do you still see health insurance assuming a large role in this new economic ground?

2. I agree, actually I think they already are .. but the technology and science development seems to be heavily subsidized by the gov't, at least in the USA. It's hardly a leap to say that over the last decade, with both tuition costs skyrocketing, and the US gov't taking control over most student loans, we've moved into a position where the gov't is using 18 year old uneducated cretins as middlemen to heavily subsidize technology and science development, in direct competition with private research, and then dump the new costs on those same people. I'd like to see these people receive cheaper education, and instead provide them with some incentive to subsidize private research themselves, rather than the way it is now. I don't know what that incentive would be, other than potentially disincentivizing jacking up the price of consumer goods anyways though ..

3. I agree, the amount of work in this area is so far removed from the public eye that it's getting kind of ridiculous. Of course, you also have large pharma and healthcare standing in direct competition with this ..

4. I believe spacex has promised a moon base within 20 years. There are also numerous articles detailing the recent comet landing, as well as legitimate asteroid mining (for heavy metals/scarce resources) within the next decade.

I was reading this article here: http://insidebitcoins.com/news/bitcoin-foundation-seeks-standardization-of-the-bitcoin-experience/25414

They had this to say about the standardization for existing financial software:


I was wondering if anyone could please help me understand how decimal places are handled in the Bitcoin source code, with regard to the length of the decimal place?

As far as the article goes .. would a solution be to just chop off anything below 100k satoshi, or would the total coin supply just be changed to 22,000,000,000,000.00 Bitcoins?

I tried reading through the wiki, and I can't really find a good description as to how that's handled.

Is there already a thread talking about this? Sorry if there is, please just point me to the link if you have it

That was why I added that part about the bitcoin foundation .. so they actually answer you instead of brush you off and move your post for talking about altcoins.

Most altcoins are based on satoshi codebase, and I don't know your answer.

Hell, I'll do it and send you a message if they talk about it

The serialization is different between satoshi and cryptonote codebases. In short, an infinite number of coins/decimal places can be created using as many variables as you would like .. it's just software.

In long: If the number of variables change to allow more decimal places, serious design considerations must be considered ..

Cryptonote uses just an unsinged 64 bit integer for their coin supply, I'm guessing to save as much space as possible during serialization, while also introducing less error handling techniques for the entire value .. so having more than 184xxxx...xxx indivisible units will require some pretty serious programming work to get past that limit .. so for cryptonote I'd guess you could logically move that decimal point to having .184xxx...xxx units ... so it could have a max of 20 decimal places .. but less than one coin ever to exist. I don't know for sure though ... maybe you could have .00000..0000184xxx..xxx units? Pretty sure that's just how it appears to you anyways .. but asking one of the developers working on cn software would give you a much better answer there

I'm sorry, I'm not nearly as familiar with the satoshi codebase as the cn codebase .. you'll definitely find a better answer to that question in the bitcoin technical section.

Actually, that's a pretty good question. If you don't ask it there I will

Add: I think one of the things on the agenda for the bitcoin foundation recently had something to do with modfiying the decimal places to interface with existing trading software with real markets .. so maybe look around for stuff talking about that as well.

What? Are you aware of how it's implemented?

The variable set to regulate that has a range of 0 to 18,446,744,073,709,551,615 bits available when unsigned.

So, if 8 decimal places were taken in XMR, the number of coins would be 184 billion ..

These aren't numbers that are just picked to impress people LOL .. it's a number set to maximize the variable range efficiently

Do you even read the source?

XMR has 12 decimal places

Please note that the underlying tactic relies entirely on separation leading to isolation, confusion of the facts due to the isolation, and finally .. whatever it is the terrorist wants .. well they will get it if you let the confusion lead you there.

These are literally out of the book tactics that are here to tear not only this thread, or another thread, but this entire forum apart .. and are overall pretty common in any kind of threatening movement.

Note that there is advanced hostility amongst coins, and it's been played on the tune that a lot of these people seem to think they're vying for the same markets. How many people here have found themselves hating other people here, because of a coin they like (keep in mind this is separate from the coin itself), for no real good reason? If you tell me zero, and you've been here for more than a year, I know you're lying.

Don't let it get the best of any of you.

Keep asking questions, settle on no answers, follow the money.

Good luck.

ugh.

it's back.

Couldn't it just stay in its own section? I can't unsee the requotes.

Hey if you fellas looking for some excellent spotlight, just go and find a forward thinking low-key developer that's reasonably smart, and then pay him some bounties to find exploits publicly.

That way, this thing will post it in the main section and you'll get and easy 140+ pages of nothing but free publicity.

You didn't mention that the same crypto-anarchists are operating under the implied message that the 'stability and predictability' that is offered by the status quo will be thrown into absolute turmoil over the next decade.

The groundwork that is laid by these people today is very obviously meant to be an insurance policy when and if that happens.

The rational, cold-blooded part of society will have these tools available to them, in such a case.

Even if it doesn't work out, the speculation that has been played out to-date shows that this is one of the fundamental reasons to even have these currencies in the first place.

For the most part, these types of calls get drowned out in the marketing haze though.

That's just fine.

I'd also like to add that, if this were to happen and the insurance policy would need to be called on, hard metals will be moving through some unique times as well. Please consider reading these articles:

http://www.reuters.com/article/2013/11/21/us-space-mining-asteroids-idUSBRE9AK0JF20131121

http://www.wnd.com/2014/11/future-gold-rush-asteroid-mining/

http://www.inquisitr.com/1634477/nasa-encourages-asteroid-mining-contracts-two-private-companies/

Expect this to be starting up within the next decade as well.

I was wondering which wallet as well.

Both Monero and Supernet logos look extremely similar to some other logo as well as being very similar in both scheme and structure .. I can't remember what it was, but remember some company's logo being posted at around the time we got this one.

Voted: disgraceful


Reason:


This forum is literally a storefront for honest innovation.

Like someone's idea? Is it open source? Got a few thousand bitcoins you don't mind holding in escrow for a few months?

If the answer to these is yes, then host a 3000+ BTC ITO, with your own money, on an exchange with that exact same idea, and just copy the other guys repo who's doing what you're doing for free.

Nothin but good times here .....

Not many coins have dedicated trolling threads

Look at the size of it!

Fun toys to play with! 

We should just start taking bets on what corner of the globe fluffypony can't post in this time, every monday!

I'm now watching all three of you, very carefully.

By network, do you mean people?

Because there's entire cities been built without a single person living in them.

You can guess their value

Yeah, one thing that I think that stands out like a sore thumb is the ridiculous advantage that specialized hardware and privatized software get in PoW.

I mean there's kernels out there that push out more than double the hashrate for some GPUs/CPUs that just aren't available to regular users.

People make these things and keep them to themselves, because PoW itself has created a situation where things like that are basically infinitely valuable.

You literally can't pay some people enough money to release some of these things, and they're not wrong for keeping them to themselves.

PoS seems to eliminate this industrial advantage and settle on the idea that everyone will get a reward representative of the amount of value they control.

On balance, I don't know which one is more decentralized - just too much at play - but in the very least I know for sure that the new coins coming into existence with PoS do not favor people with specialized hardware or software, but more of the coins do end up in the hands of people with more money than you, before it hits the market. Where, with PoW, new coins coming into existence will permanently be acquired by an industrial mining process and then sold to the market.

One method requires people with more resources to invest capital for a risky reward, one method requires people with more resources to hold capital. Honestly, viewing it like this seems to make them compliments.

So, which one is more likely to put coins into my hands, assuming I originally started out with .0005% of the currency (total emission * .000005) by whatever means, after a year or two of sitting on it?

Will this be a negligible point after adoption though? Wouldn't you just go to work and earn your currency, rather than mine your currency?

Personally, I tend to heavily favor the risk that becomes associated with investing into PoW mining with all three of hardware, software, and power .. because it pretty much eliminates the need to ever go to an exchange, sort out getting BTC in the first place, and then buying the coin .. which is probably why people went with PoW distributions for PoS coins. PoW always feels so accessible IMO, one of the main reasons I like it.