Okay troll, this is my first and last reply to you, since I'll be putting you on my ignore list. [...]
3) It is silly for such a fuss about others stealing zerocoin from anc when anc took it, nearly complete, from others with no negotiation nor respect.
[...]
Negotiation was not possible, since the Zerocoin team at JHU ignored my attempts to reach out for months, and I have credited them in the past, and will also credit them in the Anoncoin app when Zerocoin is released. Furthermore, they obviously no longer have a stake in libzerocoin, as they started from scratch to design a new system that they believe is better. I disagree with that belief since there is apparently no way to generate the parameters in a trustless manner, so I am building on their original system. Also, it is not a trivial matter to add RSA UFO support (which I have completed a couple days ago), and integrate it into a working crypto-currency (which I am now working on). This is why no other coins have added Zerocoin, AFAIK. I dont know if you mean that I'm the troll here but then your wrong. I bought some anc a while ago and heard some guy on ltb say that there was this problem with the zerocoin protocol. This guy was apparently some well respected brilliant coder etc so I took that for granted since I don't have the capability to understand the whitepaper myself. With the latest price movement I visited this tread again and then I saw this guy's question what I was wondering myself. Still not understand if there is a solution, but maybe that because of my lack of knowledge regarding the topic. RSA and UFO says me nothing..  could you explain? Just trying to understand it better to see if I should invest more  You are not a troll, you are just a curious person. I am the troll. Still, something is not quite right about gnosis and this whole zc project. The missed deadlines are trivial, there are enough other peculiarities that people should at least be cautious. None of the questions I asked earlier were unreasonable, but the questions were either ignored or diverted. I'll ask one of those questions again. Maybe it was covered somewhere and I missed it. Question What exactly are gnosis's qualifications, and are there people who will vouch for him? Zerocoin today is a month or two away, as it was last month and the month before. Gnosis has made it clear he wants cash up front for the project. He himself would not accept that his work would increase the value of anc enough to compensate him. Or perhaps he does not have any savings and needs cash up front to pay bills? No money in the bank but a yifted cryptographer who will revo altcoins? I doubt it. Again, some hint about your qualifications gnosis? A college degree in something? Please be cautious people. I hold anc, still. But something does not seem right here. Post under your real account and maybe someone will take you seriously. |
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When you look at the costs for mining PoS vs mining PoW coins as a percentage of the value of the total coins then PoW is much more efficient. PoS actively discourages people from spending their coins therefore the economy will never mature and thus the value of the coins will always be small. This will result in the PoS coin always having a smaller potential market cap then any PoW coin to the point that the cost per dollar of market cap is higher for a PoS coin
This is not true as there are versions of PoS that it doesn't matter how long you hold the coins. Delegated proof of stake for instance destroys fees and that is how the companies dividends are paid, thus it doesn't matter how long you've held the coins or if you buy something with them. BitsharesX is one of the very few coins that is truly deflationary at this point in time. A lot of coins claim to be deflationary... cough... Bitcoin... but they will be inflationary during our life time. I am 100% with the OP, PoW is not the best solution to decentralized consensus any longer due to numerous reasons. |
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At the moment there are 9 mostly useless Monero threads on the first page, it's getting really insane guys.
If you look at the OP's of the threads most OP's are anti-Monero.
For the Monero community it's very annoying and people not familiar with Monero are in their rightful way instantly turned off by this, I don't really care because I like to buy them why they're still relatively cheap but it's getting out of hand lately.
You guys play like you're innocent, but the reason for all the Monero trolling is because you guys kept spamming pro-Monero threads and don't have your own forums. You use the Alt coin subforum as your forums and people got tired of all the Monero threads. Now the problem has exploded because of the people feeling the need to counter all the pro-Monero threads with anti-Monero threads. Now I am pissed off at you guys too because the subforum was finally readable again since they split off announcement and market alt coin subforums. Yet, you guys come along and ruin this subforum once again with all your Monero propaganda and cause trolls to counter it. You guys are ruining this subforum all over again. It hasn't been this bad since announcement threads were in here and a million copy and paste coins were being conceived. |
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Okay troll, this is my first and last reply to you, since I'll be putting you on my ignore list. [...]
3) It is silly for such a fuss about others stealing zerocoin from anc when anc took it, nearly complete, from others with no negotiation nor respect.
[...]
Negotiation was not possible, since the Zerocoin team at JHU ignored my attempts to reach out for months, and I have credited them in the past, and will also credit them in the Anoncoin app when Zerocoin is released. Furthermore, they obviously no longer have a stake in libzerocoin, as they started from scratch to design a new system that they believe is better. I disagree with that belief since there is apparently no way to generate the parameters in a trustless manner, so I am building on their original system. Also, it is not a trivial matter to add RSA UFO support (which I have completed a couple days ago), and integrate it into a working crypto-currency (which I am now working on). This is why no other coins have added Zerocoin, AFAIK. I dont know if you mean that I'm the troll here but then your wrong. I bought some anc a while ago and heard some guy on ltb say that there was this problem with the zerocoin protocol. This guy was apparently some well respected brilliant coder etc so I took that for granted since I don't have the capability to understand the whitepaper myself. With the latest price movement I visited this tread again and then I saw this guy's question what I was wondering myself. Still not understand if there is a solution, but maybe that because of my lack of knowledge regarding the topic. RSA and UFO says me nothing.. could you explain? Just trying to understand it better to see if I should invest more |
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Keep digging I like the idea I saw in another thread of calling a very small division (say .0001 bitcoin) a Satoshi. This honors the founder in a similar way that US$ honors the founders & important presidents by putting their images upon currency; such as calling the $100 bill graced by Ben Franklin a "benjamin". Also, those same founders are roughly ranked in the order of significance(to the founders of the federal reserve) by putting the most favored upon the lowest denomination.
If you keep digging, you may find other references to using the name "satoshi" for a division of bitcoin, but I'm not sure that you'll find it specifically for 0.00000001 BTC: I like the idea I saw in another thread of calling a very small division (say .0001 bitcoin) a Satoshi. This honors the founder in a similar way that US$ honors the founders & important presidents by putting their images upon currency; such as calling the $100 bill graced by Ben Franklin a "benjamin". Also, those same founders are roughly ranked in the order of significance(to the founders of the federal reserve) by putting the most favored upon the lowest denomination.
Meh, I read all of that, including the reply to that post which is (allegedly) technically the first time someone mentioned it should be exactly 0.00000001 BTC. I still think those guys are not the originators of the term, how can you give someone credit for the idea that starts out with "I like the idea I saw in another thread..."?? The first person to mention Satoshi to be used as a name for a small portion of Bitcoins should get that title, regardless of the number they stated IMO. |
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So far people have donated 740.6 ANC and 1 BTC. Based on this, I can commit to working full-time on this through October 12... this is amazing! Thanks!!!  I'm currently working on analyzing logs from the UFO project which just ended, and I will post the results here when I'm done. In the meantime, here is the source for the UFO server: https://github.com/Gnos1s/ufo_serverAlso, I am scheduled to release the first Zerocoin commits to our public Github tomorrow. I will proceed with this, but I think the concerns about copycat coins are valid. There are a variety of things I can do to make life very difficult for somebody copying from our Github, and publicly specifying what I would do and when I would do it would defeat the purpose...  At any rate, the full source will be available by the time this goes to mainnet. To report bugs related to Zerocoin, please PM me or email me, and preferably also encrypt using my GPG key (see fingerprint in signature). Gnosis, can you explain what's the purpose of the UFO project? .. Why ur screen name contain rsa ufo if you don't know what it is. It is a way to implement Zerocoin in a trustless manner. |
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Here's a reference from December 30, 2010: https://bitcointalk.org/index.php?topic=2536.msg34530#msg34530It talks about "calling a very small division a Satoshi", but it suggests 0.0001 BTC since 0.00000001 "is too small to be used in any normal context within my lifetime". So, it looks like the concept caught on in this forum between late December 2010 and sometime in February 2011. Keep digging I like the idea I saw in another thread of calling a very small division (say .0001 bitcoin) a Satoshi. This honors the founder in a similar way that US$ honors the founders & important presidents by putting their images upon currency; such as calling the $100 bill graced by Ben Franklin a "benjamin". Also, those same founders are roughly ranked in the order of significance(to the founders of the federal reserve) by putting the most favored upon the lowest denomination.
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simple solution: add an Alternate cryptocurrencies -> Monero board. any mention of monero outside of the ghetto is verbotten.
This would be unfair to other alt coins. The best solution is for Monero to get their own forums like every other Alt coin has. Either that or consolidate all Monero talk into one thread, like the Anoncoin chat thread does for instance. Notice no ones trolling them. |
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9 - Monero and/or their community refuses to make their own forums, and that is a large reason for all of the Monero spamming (for and against) in this subforum. I think this is a slimy marketing tactic to make it seem as if Monero has much more interest/support than it actually has. Imagine what a clusterfuck these subforums would be if all Alt coins didn't have their own forums. There was a monerotalk.org I think but I think no one used it. I agree with the shilling/spamming/trolling for Monero is somewhere south of tasteful. I believe the tipping point was when rptellia created a third thread. His altcoin observer - he admits Monero is his only alt so it follows that it's the primary point of discussion and most others are discussed in "how does this fit into Monero's vision". Then there's the Monero economic thread - then there was a third one he created.
Then Spotniek & Come-From-Above started spamming with jackpotcoin threads. Then the Monero88 guy or whoever came in and started creating more monero spam threads and doing poe on Monero supporters. I guess long story short from my viewpoint is average person here is stupid and will shill/spam/fud/troll in their best interest or entertainment. The fact that Monero happens to be the center of that at this point in time doesn't say much to me one way or another. (maybe it should)
I think having an official (or unofficial) forum would go a long ways towards limiting the Monero trolling. This is supposed to be a place to discuss all ALT coins in general, and lately it has been mainly Monero or anti-Monero. The amount of pro-Monero threads and posts has initiated the response of people to counter them. The problem is so bad that even I myself am finding ways to criticize it, and I am someone who thinks Monero is the probably the best anon crypto/Cryptonote coin that is in existence today. I am just sick of talking/reading about Monero, and think it is neither as bad as trolls make it out to be, or as good an investment as the supporters make it seem. Again, getting your own forums will go a long ways towards the problem I think. |
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9 - Monero and/or their community refuses to make their own forums, and that is a large reason for all of the Monero spamming (for and against) in this subforum. I think this is a slimy marketing tactic to make it seem as if Monero has much more interest/support than it actually has. Imagine what a clusterfuck these subforums would be if all Alt coins didn't have their own forums.
Thats not true, we are writing our own forum software as we donīt want to be stuck on SMF for years like Bitcointalk; read the missives, its all in there. Theres simply no ready-to-go forum software that suits our needs. Its pretty simple for us, we do it like we think its correct before we rush something out. Crap and rushed out code in the end will cost more time than thought out code that needs time tho for a first release; but the code has to be maintainable for years, same reason we refactor large amounts of the CN source. I'm sorry, but that is not a good excuse. There are plenty of readily available FREE forum software solutions that take only minutes to install from a cpanel easily. The idea you need some custom solution to discuss Monero is ridiculous. Bitcoin is pretty much the only Cryptocurrency that has a custom forum solution, and even it is fairly basic with Trust being the only noticeable modification, and look how far they have come. I understand they are working on a more custom solution, but it is definitely not necessary and ALT coins don't have nearly the resources Bitcoin has. For instance, I believe Theymos has over 1000 Bitcoins specifically for spending on custom forums. I think Monero's developers would be better off spending their time and resources elsewhere for the time being. Every other Alt coin uses basic forum software that is readily available and free.. I don't get how Monero is so special that it needs a custom solution. Even if it is only temporary, it is better than spamming Bitcointalk with your threads. |
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Everyone is a shill for whatever Cryptocurrency they own or support. Even I am guilty of that myself, although I try my best to remain objective nonetheless.
Some people are much worse than others though, over time you will figure out the people that are subjective and the people that are objective, and form your opinions with this in mind. It can take a long time to learn people's posting habits though, and it requires a lot of reading. If you don't spend a lot of time in these subforums I would take everything you read with a grain of salt.
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1 - The original Cryptonote/Bytecoin devs are likely attacking Monero (see blockchain fork which didn't require a 51% attack - but a deep understanding of sourcecode)
Possibly true, but there is a lot of infighting between all Cryptonote coins. Monero supporters also say bad things about all other Cryptonote coins, so it is a two way street.
2 - The original code contains unsafe / undocumented C code.
As do a lot of ALT cryptos.. nothing special about Monero in these regards. I think the original comment on this that got everyone talking about it was blown out of proportion, as he was only talking about a small portion of the codebase.
3 - The devs are moving rather slowly from a perspective of what other coins provide (No official GUI, blockchain is still loaded into memory, etc). This is likely due to the Cryptonote (non bitcoin) codebase. However it appears Zoidberg/BBR is moving faster in these areas than the Monero team.
I'm not sure about BBR moving faster, but I would say this certainly can't be helping Monero (only having a crude 3rd party GUI.) I think cryptocurrencies need to be as user friendly as possible, and not having an official build with a GUI is insane.
4 - Monero is not user friendly. At the point it becomes successful / gains market share it will likely be labelled as intentionally kept user unfriendly in the beginning to exclude non geeks.
I can see how some would think along these lines, adding a GUI to the official build ASAP would go a long ways towards refuting these claims.
5 - An outside entity had a period of a miner that was up to 5X faster than the publicly available miner.
From the evidence I have seen, I think this is very likely to be true. Most Cryptonote coins seem to have sketchy histories.. There is so much FUD, trolling, and misinformation it is hard to tell what is actually true though. Even if it is true, it is not a huge deal as it was fixed early on, but people will always harp on Monero because of it.
6 - Arguably it's inflated price is due to being shamelessly pumped by bitcoin whales. If/when they remove their support - it tanks.
I believe this to be true. I've seen a lot of old money investing and voicing support for Monero, there are both positives and negatives that stem from that. It has rather small volume and market cap, so they can likely influence the market greatly for the better or worse.
7 - Blockchain bloat
True from what I've read, but it is nothing that most anon coins won't suffer from unless they plan ahead.
8 - SuperNET chose the other primary Cryptonote coin.
Meh.. SuperNET is composed of primarily centralized services/assets with a lot of counterparty risk involved. Not my cup of tea, I prefer the decentralized DAC model over most of the assets contained in the SuperNET.
My answers are in bold above. I'd also like to add: 9 - Monero and/or their community refuses to make their own forums, and that is a large reason for all of the Monero spamming (for and against) in this subforum. I think this is a slimy marketing tactic to make it seem as if Monero has much more interest/support than it actually has. Imagine what a clusterfuck these subforums would be if all Alt coins didn't have their own forums. 10 - Most Monero supporters seem to be pushing it as the only legit ALT coin, when in actuality there are several promising projects that should be supported. Like most Bitcoin/Litecoin supporters, all innovation is brushed aside as gimmicks if it does not involve anonymity. 11 - Monero's emission curve is rather aggressive, when people analyze it in a couple-few years it will look somewhat like a community instamine coin... kind of like Quark which mined a large portion of the money supply in 6 months. A more fair distribution curve would have been better for the long term success of Monero, but people are greedy and want profits sooner rather than later. 12 - I see all anon coins as risky plays within the alt coin scene. It is hard to tell which is best, and which one will rise among the rest. There are many different approaches to making a Cryptocurrency anonymous and if a better solution is achieved, I think Monero will tank. It is very likely at least one coin will implement Zerocoin technology, which would be more anonymous IMO, and there are likely solutions yet to be announced/developed/conceived. Basically the only thing interesting about Monero is that it is (one of) the best cryptocurrencies that is more anonymous than Bitcoin, if it loses this advantage I think Monero is in trouble. 13 - The promotion regarding the Devs not owning a large percentage of the money supply is not entirely true. I actually prefer the Devs have a sizable piece of the pie, as it motivates them to work hard and improve the Cryptocurrency. |
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Good luck to you guys, I have been rooting for Anoncoin to successfully implement Zerocoin, as I think it will be the most anonymous Cryptocurrency if you guys can do so. It is because of Anoncoin's attempt at Zerocoin implementation that I can't stand all the Monero shilling as being a sure bet.
I think if you guys successfully implement Zerocoin, you will be the Anon coin to beat. It is crazy to me that the Monero fan boys aren't the least bit worried about Anoncoin. I am not sure if they are just ignorant, or if they are trying to pump Monero up while they cash out. Either way it annoys me, so I have chosen Anoncoin as my most likely to succeed anon coin at this point in time. It seems Zerocoin implementation is imminent.
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Who gets my real dollar if I buy a bitUSD? Basically, who was smart enough to have me give them a real dollar for a digital dollar not recognized by any shops or the US government? The person that is dumb enough to store value in a depreciating fiat currency or a bank that provides no meaningful interest to depositors. While you, on the other hand, receive a 5-10% annual return on your bitUSD. Lol Clout, well said.  |
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After BitsharesX and MaidSafeCoin, there are others that are worthy of mention. I would pick NXT, Ripple, Bitcoin. Having said that, to be fair, some of those in the list I know little about... You forgot to log into your other account. It was just a follow-up to my previous post. I thought there were a few more in the list which I should've praised because there's so much quality crypto about! Also, I quite fancy having enough posts to enable me to vote  I'm a way off at the moment... Ah yeah, I guess I should of read your post before saying that.. I can see how it was a follow up post now. My bad, carry on. |
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After BitsharesX and MaidSafeCoin, there are others that are worthy of mention. I would pick NXT, Ripple, Bitcoin. Having said that, to be fair, some of those in the list I know little about... You forgot to log into your other account. |
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Gambit.com is fun, but it is kind of like gambling and the coins aren't guaranteed. I would practice with free games before putting down any coins. |
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With the team behind the project (basically the brain behind XRP) I wouldn't be surprised to see a x10 increase in the next weeks. Ripple marketcap (though XRP market cap is highly manipulated) is 42x higher for tech that is basically the same (more than 10x times the pre-aug 26 market cap)
I think a lot of people are about to learn a lesson about just how strong a network effect can be. |
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So I installed the BitshareX client on my computer, and when I want to create an account, it asks me to unlock the wallet? Using a password? I don't remember setting a wallet password for this client.. Help?
Normally it will ask you for a password when you first open the client.. right after accepting the ToS. If you haven't sent any funds to your account, you can do the following and I think it will clear up the issue and allow you to set a new password: Close the Bitshares client Delete this folder: C:\Users\UserName\AppData\Roaming\BitShares X\wallets\default ^(replace UserName with your Windows user name.)^ Open the Bitshares client, it should ask you to accept the ToS and set a password for your wallet. |
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this wouldn't be a veiled attempt at creating yet ANOTHER topic about Monero would it ?
No, look at the title. I don't own any anon coins yet, and have no reason to pump them.  It is too hard to tell which one is the best IMO, so that is why I would like to see it debated. I will give my overview of the contenders and the pros/cons of each ITT as soon as I am able. Mainly though I would like to read everyone else's opinion as I already pretty much know my own. There is a lot to go over though, and that is why I want to see a debate on it.. I may be missing something, who knows? |
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