dev for SDC.
Enough said, and I'm sure you agree.I won't be giving my masternode logs to him.
Everyone has a price right? Where did I read that? @smooth Pls clarify what you mean. (I made it large and bold. see above. ty.) SDC people run all over these forums pumping their shit. Its the most blatantly overpromoted coin on this entire forum, and furthermore there are constantly ignorant technical comments made by them about how it is like zerocoin because it has minting, isn't copied from cryptonote, zero-knowledge anonymity, etc. (all false). It's annoying as all fuck, and its not even done by third party trolls trying to create a backlash the way a lot of the Monero faux-shilling has been. It's actual SDC supporters spamming everywhere. I am Monero core team. If you think I'm biased, ignorant or a pumper, ignore my posts please. FUD alert. |
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 that is a biaised "comparison". goal = promo for shadowcoin. i like how the subject say "...the most known..." like, is SDC really that known? where is navajo? where is stealthcoin? and there are others too... I don't think navajo is worthy to be added since it is a centralized system with no plan on how to decentralize it, from my understanding. From section 2.2.8 of their whitepaper: Node Maintenance
The nodes will be decentralized, but to begin
with they will be maintained by the Navajo
Coin Foundation. We are working to find a
secure way that we could distribute the code
for users to setup their own nodes, while still
being able to guarantee the integrity of the
Anonymous Network
http://navajocoin.org/files/navajo_whitepaper_march2015.pdfI asked about this in their thread and they simply told me that it is still the best anon coin ever, even this way. Yet it seems doubtful. |
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Jesus!… How far does this rabbit-hole go? If it ain't a scammer it's the ultimate scammer (ur GOV) Agreeing with the man above… the time for Shadow is now. They said that the marketplace designs would be released in the coming days for public feedback. Hopefully they will come out soon and help give some attention to the Project. The timing would be perfect. |
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People run their masternodes on cheap VMs right now because it's cheap. Because DRK DASH is still very cheap, the rewards for running a node is small - around $30/month or so. If/when DRK DASH grows enough that authorities who can request private data from cloud operators actually get interested enough to do so, the rewards for running a masternode are likely to be more than $1000/month. And when you get $1000/month for running a node, you're not going to run it in Amazon. Obviously someone might, but that's ok - anonymization by masternodes is designed to resists huge sybil attacks.
On what base do you think the reward will be more than $1000/month for a Masternode in the future ? If the reward is high, much more people will run Masternodes, then the reward will be ... much lower. It's like mining, when you can make "easy" money, lot of people will do the same, and in the end, the reward will never be that good. So I think the majority of Masternodes will always run on cheap servers No answers to that Illodin ? You're just talk and hype, like DASH  I already told you I don't like bumping your SDC ad/spam thread. If you have questions regarding DRK/DASH, post in DRK/DASH thread. But just this one special bump for SDC: Total hashrate is practically unlimited. Total number of coins hence total number of masternodes is not. It seems the more centralized nature of DASH masternodes poses a regulatory risk. If the number of master nodes is limited, then it means they will be easier targets by governments in order to deanonymize the system in the name of stopping terrorism and money laundering. |
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after some time away from wild west alt coins, this one has lured me back, it looks promising, is the android wallet working at the moment?
I was in IRC earlier, and I heard one of the devs say that the team had a meeting and is excited to get working. He also said ryno will be working on the Android wallet tomorrow. I don't think its working at the moment as it hasn't been updated since the ShadowSend implementation, but sounds like it is being worked on currently. P.S. protip, you can check IRC chat logs here: http://shadowcash.io/ |
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The only thing you gain by holding shadow is "a huge zero"
I am done with shadow and sold all my shadow (100k shadow) at weekend
Good luck to you guys
Up to know, shadow was loss of time to me
And very big disappointment, no big group supports shadow
And some dev guys here, beleives that just tech is enough at altcoin market
It is just bullshit, even themselves doesnt beleive it but they have nothing else to do
Yeah Skip, I agree with what ffmad said. You got to have patience. Our day will come. I have noticed this project is starting to get a lot more respect and attention all throughout the community. You admit the tech is good, so why did you dump so cheap? The volatility is going to be significant in this tiny market. A 20BTC buy pumps the price extraordinarily, and a 20 BTC market sell will dump the price significantly. So when people buy high and sell low, you can guess what happens. How are you going to feel if the price pumps huge one day? Perhaps you bit off more than you can chew for your portfolio. You could lighten your load if the volatility is too painful for you. Maybe try to keep 10K instead 100K, and just sit on the sidelines to see what happens. I see a lot of big things coming in the near future. The marketplace has been having significant progress being made, and designs are supposed to be released to public in the coming days. The Zeuner review is also supposed to be coming. This is the most undervalued coin in this space and its only a matter of time before people catch on. Shadow is a diamond in the rough, and a lot of people have not found the project yet because it is lost in a sea of shitcoins. But awareness is spreading. Our time will come. |
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Is this blockchain file updated? downloading blockchain from wallet is taking a lot thanks Since that quote is from November its probably old. But for faster blockchain download you can use the bootstrap file. Follow the directions here: http://shadowtalk.org/topic/308/bootstrap-instructions It still take 2 or 3 hours, but it is much much faster. |
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I noticed some people posting on ShadowTalk looking for a few SDC to test out the wallet. DaDon had made a thread giving away 5 SDC to anybody who wanted to test out the system. Seems DaDon has been away for a bit, so I decided to take the over for him. If anybody wants to download the wallet and try it out, post in that thread and I will send you 5 SDC: http://shadowtalk.org/topic/340/100-sdc-giveaway |
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I propose the creation of a Shadow Foundation: why? 1) to interface between busy devs and community 2) to spread the word… Shadow is a'comin (IMHO wheatclove) I'm just planting the seed… (Johnny Appleseed) It was inevitable my friends  I have to respectfully and adamantly oppose the formation of any Shadow Foundation. Nothing good can come from it. It poses a risk to the coin and is a possible vector for corruption and drama to enter through its surface area. The foundation of the Shadow Project should remain decentralized. If one decentralized node in the Shadow Community wants to offer interface between devs or spread the word then good. No foundation is needed for that. Fair enough. I respect your opinion Pline… Perhaps I will set up my own Shadow Propaganda Platform (JK) and remain a single-node… Or perhaps it might yet be useful to have a volunteer group to spread the word? Or perhaps the word "Foundation" is tainted? (which it is - my bad) We call it something else… or I ride solo… whichever… all good p.s. I would have nominated you Pline as a member of the … umm … err Shadow Propaganda Board… Yes, organizing and cooperation between decentralized nodes in the Shadow community could be a good thing. I think it can be done in a decentralized manner, without permission. Once you offer a foundation though, its like moths to a flame and causes problems and drama. This is seen in Bitcoin's Foundation, as well as Doge and other coins. Here is an example, I recently read the NavajoCoin whitepaper after I heard everyone touting its "double encryption" anonymity. Then I saw at the end of the paper in section 2.2.8: The nodes will be decentralized, but to begin
with they will be maintained by the Navajo
Coin Foundation. We are working to find a
secure way that we could distribute the code
for users to setup their own nodes, while still
being able to guarantee the integrity of the
Anonymous Network
http://navajocoin.org/pdf/navajocoin.pdfIt seems their anonymity is going to rely completely on a centralized Navajo Coin Foundation. This just does not sit well with me, and illustrates the problem with centralization and Foundations. A Shadow Foundation could be a very tough problem down the line especially considering ShadowMarket. There may be abuse of people selling illegal plants or other things on the market. Then the government could try to intervene by focusing on any centralized aspect of the Project. If a foundation exists, then it is an obvious target for harassment or intervention by government entities. Maybe I'm wrong, but its not worth the risk imo. Just my 2 Shadowshis. |
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I propose the creation of a Shadow Foundation: why? 1) to interface between busy devs and community 2) to spread the word… Shadow is a'comin (IMHO wheatclove) I'm just planting the seed… (Johnny Appleseed) It was inevitable my friends I have to respectfully and adamantly oppose the formation of any Shadow Foundation. Nothing good can come from it. It poses a risk to the coin and is a possible vector for corruption and drama to enter through its surface area. The foundation of the Shadow Project should remain decentralized. If one decentralized node in the Shadow Community wants to offer interface between devs or spread the word then good. No foundation is needed for that. |
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This is great news. Great work CRZ. I'm pretty sure CRZ has been working his butt off the last several months on this. From the few images we have seen it looks amazing imo. The announcement says that next phase will only take a few days and then the designs will be released to the public for feedback. I don't think any of this would be near possible if crz didn't put huge time and effort in. He has mentioned he has been working very hard non-stop on this. I think we should all donate a few SDC to show our appreciation for this epic achievement. We don't have instamine/premine funds to support devs, the community has to step up, every small amount helps. His addresses are found in the link: BTC: 1o4nzUUXTDEGXCtEJomoyM1irn8Uxfg1D SDC: Sd9w1zqFhC5p2Q6Sf3hUXZ2zMRt3gU1CQr SDC STEALTH: smYk3SQfhxf8oZN9oEYwdyjeR9AtZBFYjNbcQMbQe1XP3oqp7cYR7gJEx3CkKWeEGoSb34uV2TJwxPE 7jWNe6FecCFgeCRHiTh2SbJ http://shadowtalk.org/topic/361/shadowmarket-progress-reportThis is really great, it seems the marketplace completion is getting closer and closer. It is getting within sight now. |
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what is DAApps...  it is written ready for it at the thread title Well I am pretty sure it means something like Distributed Autonomous Applications. Not sure how it is related to the Shadow Project. This is first I am hearing of it, but sounds interesting. I have heard of DAOs before which are distributed autonomous organizations: https://en.wikipedia.org/wiki/Decentralized_Autonomous_Organization |
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Hopefully some news regarding the "marketplace" comes this month.
I think the announcement is probably going to be within the next few days. But I wouldn't expect a completely finished product or anything like that. On IRC I read that they expected the announcement to be yesterday, but seems like they are putting some polishing touches on it as they are "perfectionists" in the words of SDCDev. According to shadow.cash website, phase 1 which is the wire framing and marketplace graphic design was about 80% finished. So it makes sense that this phase 1 of the marketplace may be completed soon. |
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Here is an interesting talk on ZeroCash at the recent MIT Bitcoin Expo (4h15m mark): https://www.youtube.com/watch?v=96ULlHhia_Q&feature=youtu.be&t=4h15m8sI thought it was interesting and relevant to the Shadow Project in some ways. It seems like ShadowCash has some similarities in the minting scheme as well as the scheme for preventing double spends. The video also touches upon non-interactive zero knowledge proofs, as well as zkSNARKS. |
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^^^ you should probably drop the "proof of work" and "anon mixing" rows altogether so Shadow would be all green.
That is rather amusing. But what fields should I add to give DarkCoin and Monero a chance? masternodes? The DRK people probably want you to add instantX. I would suggest changing it around a bit. In the left column have one that says "ring signatures" , "nizkps", and also "cryptonote clone". So people will realize Shadow is not just a CN clone like Monero is. xmr would be YES to ring sigs and CN clone, but no to NIZKPs? Is that correct? No, I learned from smooth, that Monero/cryptonote uses NIZKPs too. Also cryptonote and ShadowCash both use dual key stealth addresses. So you may want to add "dual key stealth addresses" to the left column too. Also Shadow has similarities to zerocoin in the minting scheme, but I don't know how would be best to illustrate that in the table. Zerocoin also uses NIZKPs and also SNARKS in their extended version of their whitepaper. |
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^^^ you should probably drop the "proof of work" and "anon mixing" rows altogether so Shadow would be all green.
That is rather amusing. But what fields should I add to give DarkCoin and Monero a chance? masternodes? The DRK people probably want you to add instantX. I would suggest changing it around a bit. In the left column have one that says "ring signatures" , "nizkps", and also "cryptonote clone". So people will realize Shadow is not just a CN clone like Monero is. |
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I'm legit interested in this project, just do something cool and I'm here. I love proof of stake (definitely an improvement over proof of work in theory) and i love cryptonote. What do you guys have to prove that you are making advances in the space of bringing proof of stake to cyrptonote. I see a lot of promises and very little in the way of concrete advancement. Sorry for not doing exhaustive research, there are so many people promising so many things everywhere that i could never research all of the claims. A distillation in this respect would be greatly appreciated.
I'm usually here lurking and looking for ways to bash this coin, but to answer your question and to be fair, the devs have already done it to an extent. They have put one part of cryptonote on top of the PoS SDC blockchain. The difference from a true cryptonote+PoS hybrid is that the cryptonote layer runs on top of the PoS block chain much like zerocoin would run on top of bitcoin. Here they substitute cryptonote-type ring signatures for the zkSNARKs of zerocoin. It's a good idea, actually, from a purely theoretical perspective. Now here is the bashing part: cryptonote ring signatures cause a lot of blockchain bloat. The SDC implementation compounds this problem with the clunkiness of a zero-coin type token system. It's a great proof-of-concept, but in my opinion, it's not going to be practical. I could be wrong. Time will tell if it gets adopted, used, and is maintainable. For what its worth, it seems like the plan is to slot in SNARKs in the future once they are fully ready and trustless. The lead dev rynomster said the reason they used anonymous tokens instead of direct anonymous outputs to ring sigs is because they are building toward that direction. Quote here: Unfortunately I can't get to in Monero Research Lab's MRL-0001 research bulletin, but I am certainly looking forward to reading it Our scheme was never going to be perfect, and we have said on a few occasions that we will only be utilising a basic nizkp until zk-snarks is fully out and trustless. I have also told people that I'm not an academic, nor a grad student.. Just your average Joe, who dropped out of school, and wants to help move things along If this was about money, we definitely would not work as we do on a single project, and we definitely would not have open sourced on our first opportunity to do so.. The reason we opted for anonymous tokens, instead of direct anonymous outputs to ringsigs, is because we're building towards direction we're heading in. What we're striving for... Encrypted values, with perfect nizkps, proving all values of inputs are real, without revealing any information about where they come from. We're looking at many things, like homomorphic encryption, snarks, etc... http://eprint.iacr.org/2014/976 snarks are advancing, along with many other ideas... We are not for limiting ourselves, but for bettering our [collective] future |
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Trace Mayer gave ShadowCash a shoutout in a recent video (18:40 mark): http://youtu.be/50_NfitNTkI?t=18m40sI think this is really good. Trace is a really cool guy and into privacy and anonymity. He has the website howtovanish.com and runtogold.com. He was one of Bitcoin's earliest adopters and evangelists ever since bitcoin was 5 cents to 25 cents. He has like a bazillion bitcoins probably. Its really good early Bitcoiners are learning about Shadow. |
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