Bitcoin Forum
May 25, 2024, 03:02:36 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Dash PR rep got destroyed on this interview  (Read 2515 times)
nemesisDF
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
January 23, 2017, 07:07:15 PM
 #41

https://www.youtube.com/watch?v=8xPt9YLdQF4

"Jeff (AKA “coingun”) has a computer science background with specialization in Network Operations and Distributed Dynamic Network Asset scaling. He comes to Dash with a decade of experience designing, developing, and deploying dynamically scaling web assets built around the LAMPS stack. He has a passion for security, cryptography, and hardware hacking."

OK first off, the interviewer on the right is Vince Vaughn, and 2nd, they are doing the interview in a bathroom, which took me 5 min to even realize they were in a bathroom, AMAZING.
Devnant (OP)
Member
**
Offline Offline

Activity: 118
Merit: 10


View Profile
January 23, 2017, 07:44:33 PM
 #42

https://www.youtube.com/watch?v=8xPt9YLdQF4

"Jeff (AKA “coingun”) has a computer science background with specialization in Network Operations and Distributed Dynamic Network Asset scaling. He comes to Dash with a decade of experience designing, developing, and deploying dynamically scaling web assets built around the LAMPS stack. He has a passion for security, cryptography, and hardware hacking."

OK first off, the interviewer on the right is Vince Vaughn, and 2nd, they are doing the interview in a bathroom, which took me 5 min to even realize they were in a bathroom, AMAZING.

You should also watch their Roger Ver interview, with loads of people coming in and out for a piss and Roger freaking out. It's pretty hilarious.

Game is my life
sonic212
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250



View Profile
January 23, 2017, 07:52:07 PM
 #43

it looks like it looks strange and ridiculous, why did not they interview in the right place, and this is just lelucoin describe the people here waiting and queuing up to use the toilet lol ... not feasible to provide a good example. Grin Grin Cheesy Cheesy
XbladeX
Legendary
*
Offline Offline

Activity: 1302
Merit: 1002



View Profile
January 23, 2017, 10:05:51 PM
 #44

https://www.youtube.com/watch?v=8xPt9YLdQF4

"Jeff (AKA “coingun”) has a computer science background with specialization in Network Operations and Distributed Dynamic Network Asset scaling. He comes to Dash with a decade of experience designing, developing, and deploying dynamically scaling web assets built around the LAMPS stack. He has a passion for security, cryptography, and hardware hacking."

I was early miner of DASH and must to say that some guys just had GPU miners while othere were runnig CPU one and that was obious that "fishy" was going on. Now from perspective i think allso to that translation from DARK to DASH was just to make greater foll effect not improve coin at  end.
"spork" - that was funny part of interview. All was even ok and iformative and as you said trashing DASH.

Request / 26th September / 2022 APP-06-22-4587
TaunSew
Hero Member
*****
Offline Offline

Activity: 756
Merit: 506


View Profile
January 23, 2017, 10:46:46 PM
 #45

I never heard the inside explanation for the name change but I remember DARK getting a lot of shit for it - because people were on crypto social media using photos of DASH in Singapore (a payment processor) and saying that was Darkcoin.   DASH is a pretty large brand in Singapore and they sponsor kids events and community events.  So it looks pretty cheap when a bunch of Libertarian bros co-opt the name of a reputable business for Darknet pedophilia and drugs and marketcap pumping.

https://www.youtube.com/watch?v=ABacWeJsomg

If there is an alternate with any adoption in Singapore then it's probably XEM, through Dragonfly Fintech, but XEM is more focused on Malaysia.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
numismatist
Legendary
*
Offline Offline

Activity: 1245
Merit: 1004



View Profile
January 23, 2017, 10:53:07 PM
 #46

https://www.youtube.com/watch?v=8xPt9YLdQF4

"Jeff (AKA “coingun”) has a computer science background with specialization in Network Operations and Distributed Dynamic Network Asset scaling. He comes to Dash with a decade of experience designing, developing, and deploying dynamically scaling web assets built around the LAMPS stack. He has a passion for security, cryptography, and hardware hacking."

I was early miner of DASH and must to say that some guys just had GPU miners while othere were runnig CPU one and that was obious that "fishy" was going on. Now from perspective i think allso to that translation from DARK to DASH was just to make greater foll effect not improve coin at  end.
"spork" - that was funny part of interview. All was even ok and iformative and as you said trashing DASH.

At least we got some mining opportunity located next to that ASIC wars taking place at Bitcoin country. In a way Litecoin's revolutionary SCRYPT algo backfired on us.

arielbit
Legendary
*
Offline Offline

Activity: 3416
Merit: 1059


View Profile
January 24, 2017, 02:03:56 AM
 #47

i am thinking of making a thread about this (me and my friends will have a little party again  Cheesy )...this angle is not discussed openly.. masternodes was secretly hidden from the public's eye for 1 month by Evan and co. after instamining they accumulated more and more Xcoin/darkcoin/DASH before they announced they will POS the coin by making masternodes Wink ... He (Evan) even said "but I think it’s not important to the discussion" ..you sly rat  Cool

tip: for easy/quick reading just check the "red" words and dates.

this will give you folks a different angle on the instamine (crosspost from why dash instamine matters thread)

dash's first month


Ok I get it now. So it is no good. But can anyone explain why the price is rising?

It's rising because it's one of the most coherent monetary assets on coinmarketcap, being that it retains bitcoin's blokchain transparency while improving massively on its fungibility to the point that distinguishing characteristics between addresses are effectively eliminated.

Further, Dash has established a balanced approach between reserve and currency markets thats almost unmatched by any other cryptocurrency asset. That's to say that while some proportion of the coin supply is made available by holders on exchanges for trading, a significant proportion of the rest of it is deployed on the network and earns a return for its holders.

This is in fact not really true.  The coins held in Master nodes are not production investment that earns interest as in a normal currency reserve system, where "saving" is in fact (delegated) investment in production capital.  In other words, "saved" money in a normal monetary economy are not "put in a box" but are again actively used by entrepreneurs to buy production capital.  That money keeps flowing, in other words, it is not locked up in a box as is the case in a Master node.

The "interest earning" in Master nodes is nothing else but a re-distribution of seigniorage by mining ; in other words, a tax on every currency holder, that goes in the pockets of Master node holders: a transfer of wealth from active users to "passive possessors".

In a normal economy, the interest earned comes from the risk taken.  A master node locked up doesn't take the slightest bit of risk but earns 45% of the seigniorage.

You can say that in bitcoin too, there is inflation because of mining.  However, because in bitcoin, the full seigniorage goes to the miner, that miner will also be pushed by competition to BURN most of the seigniorage in PoW.  In DASH, because the miner will only receive 45% of the seigniorage, competition will only make him burn 45% of the seigniorage in PoW, and the rest goes in the pockets of Master nodes and the "gouvernors".  Now, that is EXTREMELY SIMILAR to central banking and their interest rates on issued currency feeding a whole bunch of elite with free money, taxed by inflation on all the others.

In bitcoin, at least, this "tax" is entirely (or almost entirely) burned by PoW, so there is not really a self-accumulation of wealth without risk by the "richies of the first hour(s)".

Also because of this lucrative locking up of a large part of the money supply in master nodes, the ACTUAL available market cap of DASH is way lower than is calculated, because the available coin supply is seriously lower than the total number of coins existing.  

But all this is not to point out that DASH is a kind of rip off.  There is simply no other way to do some form of automated secured coinjoin mixing with bitcoin technology: you need "trusted parties", and so you need to provide them with sufficient incentive to do so (the master nodes).  This implies re-centralisation, governance, and hence, taxes and lucrative happenings for the elite which get richer.

The remaining question is how many master nodes are under independent control.  If that number is too small, then the anonymity of the mixing becomes compromised too.




masternodes are already in plan even before they launched dash....hence the importance of the instamine to grab an astounding amount of dash

This is another lie (a lie you like to repeat again and again). I know because I was there.

Anyone can read the Dash thread from day one to check.


here goes... get ready for some ass whoopin! and check the dates


Great, now that everything is stable, I'll be posting later about the vision of this project and milestones! Time to move on to actually implementing what I set out to do.

this is posted after the 48hr instamine

ka ching! Evan and his friends pocketed a lot of coins.... great indeed very great Evan *clap* *clap*

aaaaannd before he posted this (quote below)

Evan already forked DASH from 84 Million supply to about 21 Million

and you can see him posting, WTB 20,000 and WTB 10,000 DASH  <------ the greed of this guy knows no boundary  Grin

and then this! (the vision of this project and milestones)

In reply to: http://www.reddit.com/r/DRKCoin/comments/1yit1a/using_coinjoin_for_anonymity_is_errorprone/

I'm posting this here, for everyone's benefit. Thanks!

Quote
Hi, I am Gnosis, the Anoncoin developer working on implementing Zerocoin. First of all, I think it is excellent that there is so much interest in developing a fully anonymous currency. I am not just a developer but also a user, or I will be when an anonymous currency exists! When coin creators compete, the coin users win!
However, CoinJoin has been around for a while, and it has not seen much use for anonymity. There's a good reason for that: it's not very anonymous.
Quoting my bitcointalk post:
Quote
CoinJoin has questionable anonymity compared to Zerocoin. The reason is that with CoinJoin, two or more users must somehow partner up and forge a transaction together. They communicate over a secure channel to do this. The coins are only mixed among these "partners." Picking partners you can trust is a significant obstacle: how can you know that your partners will "forget" the mixing that happened? One may try to repeat this 10 times with randomly chosen partners, but how can you know that your partners are not all just sock puppets of one malicious entity (on an anonymous network, it is trivial to create as many fake users as you want )? If that is the case, then your efforts are in vain.
Compare this with Zerocoin, where you put your coins in an accumulator, and they are mixed with the coins of all users who have put coins into that accumulator, since the beginning of Zerocoin. There would be a different accumulator for different denominations of Anoncoins (1, 5, 10, 50 ANC, etc.).
To put it simply, the more users' coins your coins are mixed with, the more anonymity you have.
I cannot speak to Darkcoin's implementation (or planned implementation) of CoinJoin since I cannot seem to find any specs or code on their Github or their site. If anyone knows, please point me to them.
I look forward to a practical and secure solution for anonymity from the DarkCoin devs! Smiley

First off, these are fantastic questions. The answer to implementing this in such a way where it is very difficulty to exploit is by adding cost and verification.

Here’s the gist of how I envision DarkSend to work in the long run. Some of what I’m going to mention is done, some of it I’m working on currently. I’d love some ideas on possible attack vectors on my implementation, so we can make it as bulletproof as possible.

Pools

DarkSend adds various extensions to the Bitcoin protocol for implementing transaction pooling. Like normal Coinjoin the pools take transactions in stages. The stages currently are:

POOL_STATUS_IDLE
POOL_STATUS_ACCEPTING_INPUTS
POOL_STATUS_ACCEPTING_OUTPUTS
POOL_STATUS_SIGNING
POOL_STATUS_TRANSMISSION

So the users relay these items throughout the network as the stages happen. After all items are gathered into the pool, the transactions are merged together into one, remotely signed and then broadcasted.

Masters

To defeat propagation problems, master nodes are elected each new block. They are responsible for being the authority of what goes into the joined transaction each session. This is done in a tamperproof way, but I think it’s not important to the discussion.


So what is the cost?

There must be a cost to using this anonymous network, otherwise like you say there will be issues with millions of accounts popping up. I’m not dead set on which solution(s) to implement, but here’s a couple ideas:

Burnt Identities

Higher difficulty shares to the current block would be mined and then stored in the blockchain permanently. Multiple of these would be used for each transaction and would be “burnt” when misused, causing the attacker to have to mine them again.  

Verification?

To use the pools it will require unique unspend outputs, someone that wants to mess with the system would have to have a large pool of funds in many addresses. So to attack a pool with 100 slots, you would require funds dispersed to 99 addresses, on 99 nodes working in common.

Other possible fee-less solutions?

There is interesting research on protecting against sybil attacks that lends itself really well to a decentralized ledger, such as this paper:

http://dimacs.rutgers.edu/Workshops/InformationSecurity/slides/gamesandreputation.pdf

The idea is to build a social graph of the inputs and outputs of each entry and they should all know different people. If 99 of them all have the same “friends” that they associate with, then they’ll have to enter a different pool. Which will ensure the pool is not full of the nodes belonging to the attacker.

An application for machine learning?

I’m been making models for trading equities for over 7 years now. I ran a financial firm that sold the signals for a few years and I have experience with natural language processing using classifiers. So, I could make a classifier and actually embed it into Darkcoin to determine which pool a node should use, to separate out nodes that seem to be in common.

Other ideas?

I’m open to ideas on how to provide the best security to the network. I would love to hear what people have in mind.

I’ve been working on DarkSend about a month and we’ve already fixed the decentralization and propagation issues, this is just another bridge to cross in the future.

Thanks!

BOOM! a month after the launch date (instamine), accumulation and forking the coin...GREAT indeed Evan *clap* *clap*


postlude...


it is not about just bugs in the code, its about how sneaky and untrustworthy dash beginnings is.
Viscount
Sr. Member
****
Offline Offline

Activity: 243
Merit: 250


View Profile
January 24, 2017, 02:42:32 AM
 #48

Wow, those two who did the interviewing (specially the one wearing the "top" hat), sure did a bad job at it :


* Constantly interrupting those who they interviewed
* Making an interview from the toilet (wtf?)
* Throwing a lot of Monero based assumptions about Dash into the face of the person they interviewed

and thats just from watching the first 5 minutes.

To sum it all up in a few words : a very amateurish low quality Monero biased interview
Well, at least Dash got some free publicity out of it .. and any publicity is good publicity i have been told  Grin

In the end the only thing that got destroyed was the reputation of those two interviewers, if they had any reputation to begin with.

No I can't agree with you, Coingun and dash got what they deserve. Coingun blurted something about Bitcoin buble for that he shoud be crucified right there on the toilet seat
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!