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461  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero) on: December 03, 2014, 03:05:20 PM

Your continued implication that the Bytecoin developers were responsible for a codebase that is clearly marked as having been developed by the CryptoNote developers is the only thing happening that is blatantly immoral.


Maybe you didn't read what I said in response to you above. It's my understanding that the Cryptonote developers and the Bytecoin developers were the same people, when the coin was being developed. I think that they may have formed separate teams now though. I haven't seen anyone claim that the Bytecoin developers didn't make the codebase before. I could be wrong as I don't know the history well. If you are right about this prove it to me.


Cryptonote people have been denying that they were responsible for the Bytecoin scam for as long as I remember. We'll probably never know for sure what the details are behind that, who's who, how many people were involved ect. But the Cryptonote developers knew enough that in order to save any shred of credibility they had to publicly distance themselves from the Bytecoin scam.
462  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero) on: December 03, 2014, 10:41:53 AM
The Monero XMR Scam Uncovered

https://bitcointalk.org/index.php?topic=755840.0

Monero's activity is artificial
Monero's trade volumes are artificial
Monero's developers are not capable of developing the coin

XMR fans cannot make any significant updates/improvements to the protocol and are doomed to stick to PR hype only while helping the botnets profit.


That post is so cringeworthy...

Especially the parts about Come-from-Above. Cheesy

463  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SuperNET asset 12071612744977229797, trading symbol UNITY on: December 03, 2014, 10:38:33 AM
does anyone know whats up with bter's unity withdrawals?

If I were to guess I'd say they disabled them so that everyone who's entitled to pangea dividends gets them. Not sure though.
464  Alternate cryptocurrencies / Altcoin Discussion / Re: RyanPumper is a scammer. on: December 03, 2014, 08:31:16 AM
Wow, what a surprise. "Ryan Pumper" is a scammer. Shocking...
465  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero) on: December 03, 2014, 08:28:46 AM


Do you realize what you're saying here?

You go out of your way to expose villains that lie about a premine in their altcoin. Yet you claim that the Bytecoin developers are not villians despite lying about an 82% premine.

Did they claim there was no premine? If so prove it to me.

They claimed that Bytecoin was being mined for two years and used by people on the 'darknet'. Which has been shown to be complete bullshit.
466  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero) on: December 03, 2014, 08:19:05 AM
No, I'm not new. I know that the Cryptocoin development is full of scams. In fact, I've single handedly destroyed a number of  bitcoin clone coins simply by looking at the source code and and revealing to the miners that the developer was being dishonest about the coin.
 

Well that's really disrespectful to the developers that made those clones. You didn't even acknowledge all the effort and hard work they put into it. How dare you, sir!

/hypocrisy

Oh really? The developer says that the premine is 1.5%, and I tell the miners it's really 18% and I'm being disrespectful? You make me laugh. And for your information these "developers" hadn't spent hardly any time on these coins. Copy, change some variables, make up a bitcointalk page (with their lies) and launch the coin.

Do you realize what you're saying here?

You go out of your way to expose villains that lie about a premine in their altcoin. Yet you claim that the Bytecoin developers are not villians despite lying about an 82% premine.
467  Other / Archival / Re: delete on: December 02, 2014, 01:13:22 PM
What happened to AnonyMint in all this? He always says he's leaving the forums, but usually is posting again within a couple of days.

https://bitcointalk.org/index.php?action=profile;u=385303
i believe this is him, but i cant proof it...

I have thought deeply (I was AnonyMint) about the possible designs for decentralized consensus, as well the various strategies for anonymity that are plausible.

Close enough for proof?

Let's all send him PM's! Cheesy

Seems that he's taken on a new orientation regarding cryptocurrencies in general though .. dark times.
Hes always finding new ways to scare noobs into selling btc and buying his new coin whenever he creates it by paying a dev.. Dont mind him

Anonymint? I don't think he has much interest in shit like that.
468  Other / Archival / Re: delete on: December 02, 2014, 01:12:23 PM

Seems that he's taken on a new orientation regarding cryptocurrencies in general though .. dark times.

Nah, he's always had that opinion more or less. It's just that as time passes some things he says look more likely than they did before. One example that I can think of that I dismissed was his view on tor being compromised. He gets some things right for sure, but there are a lot of other predictions that he makes that I consider unlikely but we'll have to wait and see. He seems to have a decent track record so far though so I guess it will be interesting to see how things work out. I highly doubt the whole 2015.75 thing but I think a lot of his general ideas wrt to government controlled digital money and what would happen to Bitcoin with all this regulation aren't too far off the mark at all.
469  Alternate cryptocurrencies / Altcoin Discussion / Re: Changes to the Alogrithm Prohibited or disputed? on: December 01, 2014, 01:38:08 PM
forking into a new algo is more an altcoin thing (also after 5 years and considering the millions invested in hardware to support the bitcoin network... it would be totally stupid...)
 
not that changing an algo is a bad thing in itself, but for an old coin, this is just plain stupid... (plain stupid ? hmm... that's altcoin vocabulary... this thread belongs to altcoin forum...  Grin)

... depending whether you see bitcoin an interesting hobby project or a collector's item, the older the better, or a living utility that has a mission in the real world.

Interesting way to put it. And I see Bitcoin becoming more of a collector's item as you say as time goes on and cryptocurrency technology advances while Bitcoin stagnates for the most part. I'm sure it will have a solid place for a long time and always have it's name to back it up.
470  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SuperNET asset 12071612744977229797, trading symbol UNITY on: December 01, 2014, 01:08:00 PM
Hello patmast3r, nice to see you here. Seems we have an increasingly broad cross section of crypto.
No one from Monero though?
@jl777 thanks for the analysis

Superresistant is a big SuperNET supporter as well as a big Monero supporter. I believe he runs his own Monero mining pool as well.
471  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SuperNET asset 12071612744977229797, trading symbol UNITY on: December 01, 2014, 01:06:30 PM
Does this sound too good to be true only to me ?
It's like we bought a little money making machine that sits on a blockchain  and spits out money every month without the holders doing anything Grin
I'm waiting for the FEDs to kick down doors any moment now Smiley

I don't get it. That would be impossible. The money has to come from somewhere.

It sounds like they're taking your money and investing in coins/stuff, which is a good idea. The can research coin devs, buy undervalued coins, and sell to pay out dividends later once price rises. There's lots of money to be made. They may also be looking to make popular apps/websites that require coins to use. As long as they keep making money there will be tons of dividends to pay out.

I'm into this idea that they have going on. The superNET is a nice bit of technology to hide behind and make it all work. They can then start getting coin devs together and build a team of 20+ devs.

This is all a pretty exciting idea.



I expect the initial revenue generated to come mainly from the SuperNET related services that are being worked on right now like all the assets under the Privatebet banner: NeoDICE, Pangea Poker, Omnigames ect. In these cases the money certainly won't be coming from nowhere, as each asset has it's own clear path to profitability once things get on track.
472  Other / Archival / Re: delete on: December 01, 2014, 09:49:14 AM
https://forum.thesupernet.org/index.php?topic=15.0

Here you can see the evolution of the SuperNET logo. That particular one and those colours were voted on.

Here you can see nothing, because this forum is off limits to you. Sad

Oh, sorry about that.

Well, long story short there were a few logos and then this one was liked: https://i.imgur.com/1DACbnc.png

And then there was a vote on it with different colour schemes and such and the one we have now won the vote. So there certainly wasn't any specific effort on the part of the designer to make it similar in anyway to the Monero logo. Perhaps the people who voted had some bias towards those similar colours though.
473  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BBR] Boolberry: Privacy and Security - Guaranteed[Bittrex/Poloniex]GPU Released on: December 01, 2014, 09:40:02 AM
was this coin abandoned, where is dev  Huh

Last Active:    23-11-2014, 20:48:51

Working a presume. I highly, highly doubt CZ would abandon BBR. Especially considering there's so much coming up with SuperNET getting closer to a v1 release. And BBR is pretty key to the privacy formula there.
474  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] www.coinimal.com Buy/Sell NXT,BTC,LTC,DOGE,PPC extremely Fast and Easy! on: November 30, 2014, 08:29:31 PM
Awesome Smiley

Great to see reputable people opening fiat gateways.
475  Alternate cryptocurrencies / Altcoin Discussion / Re: Changes to the Alogrithm Prohibited or disputed? on: November 29, 2014, 09:27:54 AM
I can't believe this thread was moved to the alt section. This forum is unbelieveable.
476  Other / Archival / Re: delete on: November 29, 2014, 09:00:06 AM
https://forum.thesupernet.org/index.php?topic=15.0

Here you can see the evolution of the SuperNET logo. That particular one and those colours were voted on.

While there are some similarities, personally I don't think they're too significant. The colours are similar but not the same. The shape and curvature is completely different. Fonts are different. The letters separating the two colours is a similar concept but the overall feel of the two logos is quite different imo.

Could have been some subconscious influence or something but from the way it worked out in that thread it just seems like the colours that got voted on happened to be similar.
477  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitmark on: November 28, 2014, 08:03:52 AM
What is wrong with the network? Shouldn't there be one block every 2 minutes? Right now there is a block every hour at most and they are nearly empty....

High difficulty and low profitability, so very few miners. So production is slowed. It's not too much of an issue yet as we haven't rolled out any of our services yet so demand for Bitmark is low right now. And the benefit is that production of BTM is very low, which is helping to restrict supply.
478  Alternate cryptocurrencies / Altcoin Discussion / Re: Something at stake - proof of stake alternative on: November 27, 2014, 06:55:13 PM
...
Do you have any arguments that actually don't also apply to bitcoin?

Yes. It can be summarized in one word: Derivatives.

The issue here is that stake does not equal exposure and it is very easy to have a large stake and zero or negative exposure. The reason this has not yet become an issue with POS coins is that none of them have evolved to the point where a significant derivatives market has developed, even to the degree that exists today with Bitcoin and Litecoin. It is today possible to control 10000 USD worth of XBT or 5000 USD worth of LTC with 500 USD margin. I leave it to the reader to determine how much EUR, or gold one can control with 500 USD in margin at a typical FX broker.

My take remains that POS can only work in a highly regulated market and even there, if the regulators are not on the ball we get the near financial disaster that occurred in 2008. After all the typical large wall street bank is ultimately governed by proof of stake. It is called one share = one vote.

Edit: Size of derivatives markets: http://www.bis.org/statistics/derstats.htm

I don't understand how derivatives apply in a PoS system. Having 'control' of paper money in a closed system like a brokerage is not the same as actually having that cryptographic currency to stake.

Individuals 'leasing' stake to other individuals though sounds like a big problem to me. And any community that allows such a market to develop is probably making a big mistake since it could greatly lower the cost of an attack.
479  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SuperNET asset 12071612744977229797, trading symbol UNITY on: November 27, 2014, 10:33:26 AM
Why is the SuperNET thread in the marketplace and BlockNET not?

The mod said:

"I'm not sure I moved it (any global mod or admin could have), but from the first look, it seems that SuperNET's formatting shows it more of an asset (where to buy, reports, fundraising details), while Blocknet's ANN shows it as a platform to build on (explaining how it works, what it does, where it is implemented, focusing only a part of it on investment)"

Basically... They're clueless

Then make a SuperNET thread without the word "asset" in it when the first version is launched.



Great idea. We can make a new thread soon focusing on the tech with a nicely formatted OP giving a good explanation.
480  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: November 26, 2014, 10:47:11 AM
There should be some sort of social organization where people who are substantial holders either publically lease their stake out to a group of known forgers(similar to DPoS) or publically state that they won't lease their stake out and forge themselves.
Why do you think that would be necessary? Substantial stakehodlers have a good reason to protect the network: securing the future of their stakes.

They do but if they lease their stakes to an attacker then the attacker has a chance to mount their attack at a much lower cost.

Sometimes people choose short term gains over long term gains because they don't fully realize the consequence of their actions. Like Bitcoin miners mining of Ghash during the period where they went over the 50% threshold.

So what I'm saying is that people need to fully acknowledge the dangers of leasing stake and have at least some sort of social system that demonstrates a commitment to securing the network.

I don't even really understand why leasing stake exists in the first place. I guess the only reason someone would lease their stake is to reduce their variance in staking rewards? And what does the person renting this stake gain? I assume they're paying less than the expected value of what the stake would generate else it wouldn't be profitable. Also it makes it more complicated that there's no block rewards so the expected value would have to be estimated on some sort of average transaction fees over time I guess.

So it's basically this?: The only reason leasing exists is because it would exist regardless, someone would build such a system to allow stake leasing whether it was "officially" sanctioned or not?
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