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701  Alternate cryptocurrencies / Altcoin Discussion / Re: [DASH] Dash - Building the IoM | Dash Nation Progress Thread on: April 17, 2016, 08:55:29 AM
Dash got "distributed" in the two crashes of 2014 and 2015

OK, we'll just take your word on that, mate.

And before you start showing us pretty pictures, be sure those pictures have owners' names attached. Makes for even prettier pictures.

Market theory insures he is incorrect. The majority buys at the top and sells at the bottom. The insiders have the advantage of seeing what percentage of the float is real (not them), so they know exactly where the bottom is and can buy it.
702  Other / Politics & Society / Re: Politics stuck in economic collapse of liberal socialism until the boomers die on: April 17, 2016, 08:51:30 AM
WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.

Hahaha europe is becoming a zombie collectivist land.

Soon they will become borg and they will assimilate us all Cheesy


Well, what gets me about Europe is how they have just submitted to their Islamic Invaders.  In France and the UK (probably other countries too) I have read about "No Go Zones" which are Muslim neighborhoods in major cities.  The cops and firemen are not invited in...  I doubt that American tourists would be welcome either...

Wink

I continue to wonder how much longer the feckless Euro .govs will just let things simmer.  At some point, my hunch is that the Hard Right, in one form or another, will take the lead in discouraging bad behavior by the Rapefugees. 

Should Syrians or Somalis (Obama's latest harvest of Muslims) wind up raping American women, the response here would be very different.  Americans are armed, and will not let them get away with that shit (at least after the first rape or two).
An interesting thing I actually read about this earlier today was that even Somalians are seeing that it is bad in Europe, specifically Sweden, and they say that the truth is hidden and you're spoken out against.

It is starting to get horrendous in Europe, and the left is starting to censor all sorts of information, and anything that doesn't fit their narrative is blocked out.

They submit because they really believe that it is unfair to discriminate or speak hurtful words or actions. The men have been indoctrinated to think like females. Politeness is politically required on all speech.

Two more examples:

you gotta lay low with the insults. getting you nowhere.

What insult is in my immediately prior post  Huh

Is geek an insulting word? I wear that word as badge of honor. I'm a geek.

And Liberland is supposed to be a Libertarian paradise, yet they are accepting applications from Somalians, Egyptians, etc.., so how will they ever maintain a Libertarian culture  Huh

And the application process requires political correctness:

Who is needed in Liberland?

Liberland currently needs people who:

  • have respect for other people and respect the opinions of others, regardless of their race, ethnicity, orientation, or religion
  • have respect for private ownership which is untouchable
  • do not have communist, nazi or other extremist past
  • were not punished for past criminal offences

They seem to have this delusion that they can keep political correctness censorship and maintain respect for private property.  Roll Eyes

As Armstrong has pointed out, it was the discrimination against immigrants who did not assimilate with English and our capitalistic values, that made the great melting pot work as unified high economy-of-scale economy and culture. Once we ended that with anti-discrimination laws, we destroyed the melting pot economy. This is why the USA will breakup into regions.
703  Other / Politics & Society / Re: Noam Chomsky: White fear of revenge is ‘deeply rooted in American culture’ on: April 17, 2016, 08:50:10 AM
WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.

Hahaha europe is becoming a zombie collectivist land.

Soon they will become borg and they will assimilate us all Cheesy


Well, what gets me about Europe is how they have just submitted to their Islamic Invaders.  In France and the UK (probably other countries too) I have read about "No Go Zones" which are Muslim neighborhoods in major cities.  The cops and firemen are not invited in...  I doubt that American tourists would be welcome either...

Wink

I continue to wonder how much longer the feckless Euro .govs will just let things simmer.  At some point, my hunch is that the Hard Right, in one form or another, will take the lead in discouraging bad behavior by the Rapefugees. 

Should Syrians or Somalis (Obama's latest harvest of Muslims) wind up raping American women, the response here would be very different.  Americans are armed, and will not let them get away with that shit (at least after the first rape or two).
An interesting thing I actually read about this earlier today was that even Somalians are seeing that it is bad in Europe, specifically Sweden, and they say that the truth is hidden and you're spoken out against.

It is starting to get horrendous in Europe, and the left is starting to censor all sorts of information, and anything that doesn't fit their narrative is blocked out.

They submit because they really believe that it is unfair to discriminate or speak hurtful words or actions. The men have been indoctrinated to think like females. Politeness is politically required on all speech.

Two more examples:

you gotta lay low with the insults. getting you nowhere.

What insult is in my immediately prior post  Huh

Is geek an insulting word? I wear that word as badge of honor. I'm a geek.

And Liberland is supposed to be a Libertarian paradise, yet they are accepting applications from Somalians, Egyptians, etc.., so how will they ever maintain a Libertarian culture  Huh

And the application process requires political correctness:

Who is needed in Liberland?

Liberland currently needs people who:

  • have respect for other people and respect the opinions of others, regardless of their race, ethnicity, orientation, or religion
  • have respect for private ownership which is untouchable
  • do not have communist, nazi or other extremist past
  • were not punished for past criminal offences

They seem to have this delusion that they can keep political correctness censorship and maintain respect for private property.  Roll Eyes

As Armstrong has pointed out, it was the discrimination against immigrants who did not assimilate with English and our capitalistic values, that made the great melting pot work as unified high economy-of-scale economy and culture. Once we ended that with anti-discrimination laws, we destroyed the melting pot economy. This is why the USA will breakup into regions.
704  Other / Politics & Society / Re: Racism is a real thing (this thread is extremely racist) on: April 17, 2016, 08:49:01 AM
WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.

Hahaha europe is becoming a zombie collectivist land.

Soon they will become borg and they will assimilate us all Cheesy


Well, what gets me about Europe is how they have just submitted to their Islamic Invaders.  In France and the UK (probably other countries too) I have read about "No Go Zones" which are Muslim neighborhoods in major cities.  The cops and firemen are not invited in...  I doubt that American tourists would be welcome either...

Wink

I continue to wonder how much longer the feckless Euro .govs will just let things simmer.  At some point, my hunch is that the Hard Right, in one form or another, will take the lead in discouraging bad behavior by the Rapefugees. 

Should Syrians or Somalis (Obama's latest harvest of Muslims) wind up raping American women, the response here would be very different.  Americans are armed, and will not let them get away with that shit (at least after the first rape or two).
An interesting thing I actually read about this earlier today was that even Somalians are seeing that it is bad in Europe, specifically Sweden, and they say that the truth is hidden and you're spoken out against.

It is starting to get horrendous in Europe, and the left is starting to censor all sorts of information, and anything that doesn't fit their narrative is blocked out.

They submit because they really believe that it is unfair to discriminate or speak hurtful words or actions. The men have been indoctrinated to think like females. Politeness is politically required on all speech.

Two more examples:

you gotta lay low with the insults. getting you nowhere.

What insult is in my immediately prior post  Huh

Is geek an insulting word? I wear that word as badge of honor. I'm a geek.

And Liberland is supposed to be a Libertarian paradise, yet they are accepting applications from Somalians, Egyptians, etc.., so how will they ever maintain a Libertarian culture  Huh

And the application process requires political correctness:

Who is needed in Liberland?

Liberland currently needs people who:

  • have respect for other people and respect the opinions of others, regardless of their race, ethnicity, orientation, or religion
  • have respect for private ownership which is untouchable
  • do not have communist, nazi or other extremist past
  • were not punished for past criminal offences

They seem to have this delusion that they can keep political correctness censorship and maintain respect for private property.  Roll Eyes

As Armstrong has pointed out, it was the discrimination against immigrants who did not assimilate with English and our capitalistic values, that made the great melting pot work as unified high economy-of-scale economy and culture. Once we ended that with anti-discrimination laws, we destroyed the melting pot economy. This is why the USA will breakup into regions.
705  Other / Politics & Society / Re: Europe, you reap what you sow... on: April 17, 2016, 08:47:48 AM
WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.

Hahaha europe is becoming a zombie collectivist land.

Soon they will become borg and they will assimilate us all Cheesy


Well, what gets me about Europe is how they have just submitted to their Islamic Invaders.  In France and the UK (probably other countries too) I have read about "No Go Zones" which are Muslim neighborhoods in major cities.  The cops and firemen are not invited in...  I doubt that American tourists would be welcome either...

Wink

I continue to wonder how much longer the feckless Euro .govs will just let things simmer.  At some point, my hunch is that the Hard Right, in one form or another, will take the lead in discouraging bad behavior by the Rapefugees. 

Should Syrians or Somalis (Obama's latest harvest of Muslims) wind up raping American women, the response here would be very different.  Americans are armed, and will not let them get away with that shit (at least after the first rape or two).
An interesting thing I actually read about this earlier today was that even Somalians are seeing that it is bad in Europe, specifically Sweden, and they say that the truth is hidden and you're spoken out against.

It is starting to get horrendous in Europe, and the left is starting to censor all sorts of information, and anything that doesn't fit their narrative is blocked out.

They submit because they really believe that it is unfair to discriminate or speak hurtful words or actions. The men have been indoctrinated to think like females. Politeness is politically required on all speech.

Two more examples:

you gotta lay low with the insults. getting you nowhere.

What insult is in my immediately prior post  Huh

Is geek an insulting word? I wear that word as badge of honor. I'm a geek.

And Liberland is supposed to be a Libertarian paradise, yet they are accepting applications from Somalians, Egyptians, etc.., so how will they ever maintain a Libertarian culture  Huh

And the application process requires political correctness:

Who is needed in Liberland?

Liberland currently needs people who:

  • have respect for other people and respect the opinions of others, regardless of their race, ethnicity, orientation, or religion
  • have respect for private ownership which is untouchable
  • do not have communist, nazi or other extremist past
  • were not punished for past criminal offences

They seem to have this delusion that they can keep political correctness censorship and maintain respect for private property.  Roll Eyes

As Armstrong has pointed out, it was the discrimination against immigrants who did not assimilate with English and our capitalistic values, that made the great melting pot work as unified high economy-of-scale economy and culture. Once we ended that with anti-discrimination laws, we destroyed the melting pot economy. This is why the USA will breakup into regions.
706  Economy / Economics / Re: Economic Devastation on: April 17, 2016, 08:41:42 AM
WTF happened to our world. Instead of engineers and coders, we've become the social misfit conformance cry baby gestapo propaganda slaves. Is that how you young Europeans think about life, that is always about equality as a human right. Fuck man, no wonder Europe is fucking toasted. Entitled spoiled cry babies, who get pissed off when we don't let them make MLM scams to steal from us.

Hahaha europe is becoming a zombie collectivist land.

Soon they will become borg and they will assimilate us all Cheesy


Well, what gets me about Europe is how they have just submitted to their Islamic Invaders.  In France and the UK (probably other countries too) I have read about "No Go Zones" which are Muslim neighborhoods in major cities.  The cops and firemen are not invited in...  I doubt that American tourists would be welcome either...

Wink

I continue to wonder how much longer the feckless Euro .govs will just let things simmer.  At some point, my hunch is that the Hard Right, in one form or another, will take the lead in discouraging bad behavior by the Rapefugees.  

Should Syrians or Somalis (Obama's latest harvest of Muslims) wind up raping American women, the response here would be very different.  Americans are armed, and will not let them get away with that shit (at least after the first rape or two).
An interesting thing I actually read about this earlier today was that even Somalians are seeing that it is bad in Europe, specifically Sweden, and they say that the truth is hidden and you're spoken out against.

It is starting to get horrendous in Europe, and the left is starting to censor all sorts of information, and anything that doesn't fit their narrative is blocked out.

They submit because they really believe that it is unfair to discriminate or speak hurtful words or actions. The men have been indoctrinated to think like females. Politeness is politically required on all speech.

Two more examples:

you gotta lay low with the insults. getting you nowhere.

What insult is in my immediately prior post  Huh

Is geek an insulting word? I wear that word as badge of honor. I'm a geek.

And Liberland is supposed to be a Libertarian paradise, yet they are accepting applications from Somalians, Egyptians, etc.., so how will they ever maintain a Libertarian culture  Huh

And the application process requires political correctness:

Who is needed in Liberland?

Liberland currently needs people who:

  • have respect for other people and respect the opinions of others, regardless of their race, ethnicity, orientation, or religion
  • have respect for private ownership which is untouchable
  • do not have communist, nazi or other extremist past
  • were not punished for past criminal offences

They seem to have this delusion that they can keep political correctness censorship and maintain respect for private property.  Roll Eyes

As Armstrong has pointed out, it was the discrimination against immigrants who did not assimilate with English and our capitalistic values, that made the great melting pot work as unified high economy-of-scale economy and culture. Once we ended that with anti-discrimination laws, we destroyed the melting pot economy. This is why the USA will breakup into regions.
707  Economy / Economics / Re: Martin Armstrong Discussion on: April 17, 2016, 08:30:44 AM
But why should it dip at all? Unfortunately, I can't afford the Gold report. The dip was announced for 2016 Q1, so far it hasn't occurred.

Due to high chance of liquidity crisis happening and people having to liquidate assets even if they would prefer not to.

Any future financial shocks may cause businesses to fail or unexpected costs. If people really need cash ASAP then what's going to go first? Bullion and Crypto are high on the list. It will be a case of having to liquidate these assets to meet obligations. Loan payments, bills, living expenses, deals turning sour, businesses failing - so many catalysts for people needing cash.

And the multiplier effect that speculators chase (pile on to) the momentum. Which is why it can be a V bottom because it is not fundamental, just an overreaction that feeds into the fear that many have that the world will collapse in unison (because they don't see the effect of the international capital rushing into safe haven of the USA, gold, tangible assets).
708  Economy / Economics / Re: Martin Armstrong Discussion on: April 17, 2016, 08:27:39 AM
Armstrong also disses the idea that gold will go to a very high price ($10,000, or even $64,000, non-hyper-inflated dollars).  I am not sure that I agree with MA on this.  My best guess is that they will run out of physical gold at some point vs. all the paper gold.  I guess we will wait and see.

ORO my man, gold is never coming back as money every again. It is purely a speculation. That is why it will top at $5000 maximum. I understand it is very hard for you to accept this, but the reasons are very obvious. Physical money is a dinosaur in this era where we trade money instantly digitally. Gold is too slow. Fugetaboutit already.

Sorry man. I know you want wealth to not grow wings and fly away, but the Bible tells you that is impossible.

I love to hold gold 1 oz coins in my hand. It isn't a lack of passion for gold on my part. It is just my rationality.
709  Alternate cryptocurrencies / Altcoin Discussion / Re: Zcash Equihash PoW Released on: April 17, 2016, 08:20:02 AM
Additionally I was thinking that this Equihash can be trivially sped up on an ASIC because the Equihash algorithm is not memory latency bound and thus is bound on the sorting and computation speed and/or the memory bandwidth, which can be optimized with specialized hardware.

There is no publicly available optimized code for Equihash, so we don't really know to what extent it
is bandwidth or latency bound. There may be subtle trade offs between the two. We really need to see the memory behaviour of actual running optimized code.

1. You didn't address my electrical efficiency point, which I think is probably the most damning. I very much doubt that the memory power consumption will be even 1/10 of the computational power consumption. Thus an ASIC will be at least 10 times more power efficient, Don't I remember pointing out the same issue with your Cuckoo hash? What was your retort again?

2. I also very much doubt it will be latency bound (even after the 10X speed up of the computation), because optimized sorting doesn't have to be random access.

For any memory bandwidth bound, there is this:

710  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: April 17, 2016, 08:12:33 AM
I suspect the underlying reason for shutting down their own forums, may have something to do with wanting to escape from allegations of being in control of the due diligence process for investors. I suspect they are starting to feel the dark clouds of the insoluble reality of the Ethereum Paradox thread and potential price manipulation allegations bearing down on them, and they may be starting to prepare for the potential lawsuits and possibly even regulatory actions if the entire project ends up a bust.
711  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Forums shutting down on: April 17, 2016, 08:09:22 AM
I suspect the underlying reason for shutting down their own forums, may have something to do with wanting to escape from allegations of being in control of the due diligence process for investors. I suspect they are starting to feel the dark clouds of the insoluble reality of the Ethereum Paradox thread and potential price manipulation allegations bearing down on them, and they may be starting to prepare for the potential lawsuits and possibly even regulatory actions if the entire project ends up a bust.
712  Economy / Reputation / Re: Shelᖚy (TPTB_need_war) Psychoanalysis. Smartest Man in the Altcoin Discussions? on: April 17, 2016, 04:54:32 AM
I did not use the term free market, and I indeed do not believe that term is particularly useful. The term freer market above was not a typo. Meaning comparatively more free.

I think free market is synonymous with decentralized market, i.e. high degrees-of-freedom and thus very high entropy and Shannon information.
713  Economy / Reputation / Re: Shelᖚy (TPTB_need_war) Psychoanalysis. Smartest Man in the Altcoin Discussions? on: April 17, 2016, 04:38:46 AM
If i can't acquire native tokens except by willingly submitting to a centrally issued extortion scheme, then it's a permissioned ledger.  

Say hello to Bitcoin mining pools...

I agree with Fuserleer that Bitcoin is gradually losing its decentralized attribute because of the economics of mining, as the economies-of-scale increase and the block reward decreases.

Monero is ostensibly more decentralized because it is early stage and hasn't yet scaled to great economies-of-scale in mining, e.g. there is no ASIC available yet afaik.

However I don't know how eMunie plans to obtain a more wide and competitive distribution than proof-of-work. And is that topic really appropriate in a thread about me.

I've stated why I no longer like ICOs. I'll leave it at that.

That's the funny part about it.  When people complain that others are able to acquire coins at a better marginal cost, they're essentially saying they don't like free market systems.  Ironically, the first sign you have a free market is that cartels and monopolies form.  Economy of scale is just something you have to deal with and the only other option is to remove the private sector monopoly power and hand it to the government instead.  Private sector cartels/monopolies tend to have a finite lifespan, while government based monopolies tend to be immortal, less accountable, and less efficient until the entire system collapses.  So everything in both governance and finance comes down to picking the lesser evil of those two.

These are constructed systems. It is almost certainly possible to construct systems that have stronger or weaker economies of scale, or those with smaller or larger natural limits, just as such variety exists in natural systems.

So I agree with both of you in that economies of scale and cartels are part of a freer market but not all such such markets will behave the same.

By that definition, the term "free market" is no different than "everything". So obviously that can't be correct, because government manipulation, monopoly, and oligarchy would be included in everything.

As I've explained two times already in other threads recently (Monero Speculation thread about botnets, and IOHK Waves disclaimer thread about asymmetric information of the altcoin speculation market making it centralized to reliance on "expert" hypsters), my definition of "free market" is a decentralized market. This is why botnets are a free market with competition and an opportunity cost of doing just one thing (i.e. attacking Monero).

Sorry I disagree with you both of you, because you provided a vacuous definition of "free market".

Free markets have the attribute of having many decentralized decision makers, thus they anneal to fitness, i.e. they are anti-fragile. Top-down markets have the attribute of overshooting on vested interest decisions and thus are fragile.

The act of fornication (i.e. reproduction) is a free market. There is no economy-of-scale in fornication. It is always an individual decision.
714  Alternate cryptocurrencies / Altcoin Discussion / Re: Looking for the next hi tech ICO after Etheum, IOTA,Lisk, and Waves? This is it. on: April 16, 2016, 06:19:38 PM

Where is the ICO? Are the MERITS tradeable tokens?
715  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: April 16, 2016, 05:58:20 PM
Z.cash's Equihash REKTED?

https://bitcointalk.org/index.php?topic=1342065.msg14563245#msg14563245
716  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on Zcash? on: April 16, 2016, 05:55:21 PM
Did I just REKT Zcash's Equihash proof-of-work algorithm?

Re: Zcash Equihash PoW Released

https://z.cash/blog/why-equihash.html

Well some Monero folks seem to very interested, so I decided to take a look because I suddenly remembered something from Iota's whitepaper:

http://188.138.57.93/tangle.pdf#page=20 (4.3 Resistance to quantum computations)

If you look on page 115 of Bernstein's Post Quantum Cryptography, it confirms a sqrt(N) speedup for Wagner's solution to the Generalized Birthday Problem for the hypothetical quantum computer. So if Equihash is using a large list of values to be sorted, then the speedup could be so great that a quantum computer could rewrite the entire block chain quite easily by redoing the past proof-of-work exponentially faster than it was originally done.

It appears that a memory hard algorithm such as Cryptonite would not have this problem.

I am just rushing and have not reread the Equihash white paper carefully, so I may have a mistake in my analysis.

Additionally I was thinking that this Equihash can be trivially sped up on an ASIC because the Equihash algorithm is not memory latency bound and thus is bound on the sorting and computation speed and/or the memory bandwidth, which can be optimized with specialized hardware.

Have I missed something in my haste Huh Surely the Z.cash folks are not this myopic.

The following assumption from the Equihash white paper seems to be wrong:

Quote
For fixed memory size, memory chips with bandwidth
significantly higher than that of typical desktop memory (such
as DDR3) are rare. Assuming that a prover does not have
access to memory with bandwidth higher than certain
Bw
max
,
we can efficiently bound the time-memory (and thus the time-
area) product for such implementations.

...

To the best of our knowledge, the highest reported band-
width in commercial products does not exceed 200 GB/s
(Playstation 4 has 172 GB/s bandwidth [5]), whereas the
desktop DDR3 can have as high as 17 GB/s bandwidth [3].
Thus we conclude that the highest advantage a prover can
get from parallel hardware does not exceed the factor of 15.
This may mean that our proof-of-work is GPU- and desktop-
friendly, whereas it is also ASIC-resistant in the sense that an
ASIC implementation does not yield smaller time-area product.

I am thinking faster memory bandwidth can be obtained by reading and writing to multiple, redundant independent memory banks simultaneously that are interleaved differently to have disjoint collisions on banks.

Or even if not faster, then perhaps orders-of-magnitude more electrically efficient, since the electric consumption will be primarily in the computation and not in the memory. And computation can be radically optimized on an ASIC.

As I predicted when I wrote in the Monero thread about this the other day, it appears the white paper didn't consider electricity as the most important factor. Duh.
717  Alternate cryptocurrencies / Altcoin Discussion / Re: Zcash Equihash PoW Released on: April 16, 2016, 05:53:56 PM
Re: Zcash Equihash PoW Released

https://z.cash/blog/why-equihash.html

Well some Monero folks seem to very interested, so I decided to take a look because I suddenly remembered something from Iota's whitepaper:

http://188.138.57.93/tangle.pdf#page=20 (4.3 Resistance to quantum computations)

If you look on page 115 of Bernstein's Post Quantum Cryptography, it confirms a sqrt(N) speedup for Wagner's solution to the Generalized Birthday Problem for the hypothetical quantum computer. So if Equihash is using a large list of values to be sorted, then the speedup could be so great that a quantum computer could rewrite the entire block chain quite easily by redoing the past proof-of-work exponentially faster than it was originally done.

It appears that a memory hard algorithm such as Cryptonite would not have this problem.

I am just rushing and have not reread the Equihash white paper carefully, so I may have a mistake in my analysis.

Additionally I was thinking that this Equihash can be trivially sped up on an ASIC because the Equihash algorithm is not memory latency bound and thus is bound on the sorting and computation speed and/or the memory bandwidth, which can be optimized with specialized hardware.

Have I missed something in my haste Huh Surely the Z.cash folks are not this myopic.

The following assumption from the Equihash white paper seems to be wrong:

Quote
For fixed memory size, memory chips with bandwidth
significantly higher than that of typical desktop memory (such
as DDR3) are rare. Assuming that a prover does not have
access to memory with bandwidth higher than certain
Bw
max
,
we can efficiently bound the time-memory (and thus the time-
area) product for such implementations.

...

To the best of our knowledge, the highest reported band-
width in commercial products does not exceed 200 GB/s
(Playstation 4 has 172 GB/s bandwidth [5]), whereas the
desktop DDR3 can have as high as 17 GB/s bandwidth [3].
Thus we conclude that the highest advantage a prover can
get from parallel hardware does not exceed the factor of 15.
This may mean that our proof-of-work is GPU- and desktop-
friendly, whereas it is also ASIC-resistant in the sense that an
ASIC implementation does not yield smaller time-area product.

I am thinking faster memory bandwidth can be obtained by reading and writing to multiple, redundant independent memory banks simultaneously that are interleaved differently to have disjoint collisions on banks.

Or even if not faster, then perhaps orders-of-magnitude more electrically efficient, since the electric consumption will be primarily in the computation and not in the memory. And computation can be radically optimized on an ASIC.

As I predicted when I wrote in the Monero thread about this the other day, it appears the white paper didn't consider electricity as the most important factor. Duh.
718  Alternate cryptocurrencies / Altcoin Discussion / Re: IOHK Research and Scorex ARE NOT working with Waves on: April 16, 2016, 02:55:38 PM
Put my geek friends (O_O) aside.
Microsoft, banks and fintech institutions looking at crypto means nothing to you?
everyday another bank or trading platform wants blockchain in its system.

none of them are talking about litecoin, monero or doge. Yes doge.  Roll Eyes

Why do we always have to repeat ourselves?

And even if that is the outcome, the banks don't need the tokens and its questionable history. They need only the open source code and the developers who know how to code on it. So again the developers and insiders get everything and the foolish n00b token investors get an empty bag.



you gotta lay low with the insults. getting you nowhere.

What insult is in my immediately prior post  Huh

Is geek an insulting word? I wear that word as badge of honor. I'm a geek.
719  Alternate cryptocurrencies / Altcoin Discussion / Re: IOHK Research and Scorex ARE NOT working with Waves on: April 16, 2016, 02:36:41 PM
1. I already provided the link to the thread two or three times in this thread, which explains that ICOs sold to non-accredited USA investors are ostensibly illegal.

Again with the US.. THAT doesnt make WAVES a scam, makes it ilegal to invest at the US, at best!

Incorrect. It makes it illegal to issue and promote to US investors. The investors aren't really culpable much.

2. They contribute to the mainstream thinking that crypto-currency is a scam and thus we will have great difficulty getting CC widely adopted if don't put a stop to these scams.

The opposite, many of my non crypto friends, are now interested in this area cuz of its massive advance in services.
It made crypto belong to all of the world, NOT JUST MINERS and tech people, that is unfair.

Your geek friends don't constitute millions of adopters. I wrote "mainstream" thinks we are creating scams and investment ponzi schemes.

Also it is a phase they and you will go through and later you will gain enough experience with failures of ICO coins and say, "you know what, that Shelby guy was correct".

I hate ICOs by now for other reasons:
3. They extract capital to a few scammers, which could be better uses to build our real ecosystems that are not vaporware and have real decentralized designs, such as Bitcoin and Monero.

really, monero?

Include also Litecoin. They are the only decentralized, proof-of-work issued coins of suitable liquidity.
720  Alternate cryptocurrencies / Altcoin Discussion / Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? on: April 16, 2016, 02:30:59 PM
On software development, terms of implementation he is hopeless. I read not long time ago, he said none of the popular existing programming languages - which could expose the project to existing developer communities - satisfies his requirements, and therefore he is evaluating now the Rust language/framework. WTF? So he delays his progress again, because right now the programing languages are not suited to his use case. WTF again? It seems he doesn't have the ability to deliver anything, except showcasing his super intellect in this forum.

I agree with you on this. You go to war with the army you have, while working to make it better. Waiting for the perfect language guarantees waiting forever.

There is no perfect language, but I told you already that I have certain requirements which my project dictates which are not met by any language:

1. JIT compilation as loaded over the Internet.
2. Strong typing with type parameter polymorphism, eager by default, with Top as the disjunction of all types and Bottom (_|_) as the conjunction of all types (Haskell is the opposite).
3. Async/await (stackless coroutines)
4. Haskell typeclass adhoc polymorphism, i.e. no subclassing which is an anti-pattern
5. Low-level control for performance with high-level elegance such as first-class functions and functional programming paradigm.
6. Add first-class disjunctions to #4.

There is no language on earth which can do that. My analysis thus far concludes Rust is closest.

Rust does everything except #3 and #6, and IMO its #4 and #5 need some polishing.

If you are just building an application, crypto-currency or just a website, then you don't need to invest in creating the correct tools. But when you are building an application platform for others to build on top of, then you have to invest in the tools. Ask Google about Android. Ask Apple about iOS.

Is it outside my resources? Maybe. That is what I am trying to determine now. Deep in research and coding.
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