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Author Topic: Sharebit: (Secure BitCoin) Offline Peer to Peer Electronic Cash System  (Read 4708 times)
NyeFe
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September 01, 2015, 11:41:40 PM
 #41

Well i to Show that it is Two way decryptable i have added encrypt and decry pt option in the site ..

if they want 30K they will do... or else your welcome if your not intrested
Thanks for posting sites,stay cool with some people who will like to get your code.your work for free

i am going to send your sites to my friendly programmer

i really dont know what is your test  about
my encrypt Nap9uWVbNCdaNmdduWE1NaB9LSd9uWR9uWV9M6dbM6daN6d6LCdcLWJ9uWN

Works bot way encrypt decrypt

Excellent example... .   Wink

Moving on from that, it's a best practice not to use any cryptographical system which has not been standardised, this is why the security industry uses SHA-1, 256 and 512, including RSA and AES (for symmetrical-key systems) these have been tested, by everyone up to Americas NSA, yet they're still waiting to be broken.

You can encrypt as much as you want (using any technique you like) but encryption can never prevent double spending. You can only prevent double spending by having a shared centralised; mysqli, or decentralised; blockchain, database of all sent transactions..

If you're not using an online data sharing technique, then it's a local application..

You should go ahead and read this again

MicroDApp.com—Smart Contract developers. Lets build a decentralized future!
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September 01, 2015, 11:47:48 PM
 #42

Apparently he has a solution to that but he refuses to tell us  Wink
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September 01, 2015, 11:50:51 PM
 #43

it is from my friendlly programmer

i got that. without much detail and a fast way to process, i won't have a chance.


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September 02, 2015, 02:45:16 AM
 #44

I can see many have Doubts .... and ya Bitcoin.pdf i have read that few yrs back ...... But anyway thanks for the suggession.... Pab can send your skype id to my message .... i will have a voice call..... to you Pab


@Uptrenda :  Well The reason i dont wanna release it cus of security.... can i say one thing Pa*pal and Ap*le are currently trying to build a offline payment system ..... Releasing much information will be easy for them not for us.... This Project is basically for the plp who is fucked up by fee and centralized system who is taken by government..... Thats y i dont wanna release the code or paper now.... hope you guys understand...


I can understand about double spend.... See double spend will be a no more after the release of POK method ... i am saying again... Bitcoin works on POW alone...... thats y double spend is possible

POW : Doublespend Problem, after all coin is generated Miner wont verify the payments .. but they say they will increase the fe... thats bad

POW + POS : Solution Coin wont be Stopped... It will function even if all coins are generated / Doublespend Problem

POK : There is no possible way to stop verifing / no Doublespend.....
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September 02, 2015, 03:30:17 AM
 #45

sound good CTRL+D  Cheesy
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September 02, 2015, 07:45:57 AM
 #46

Well I am currently raising funds for this project expecting this release in next 90 days.
The Papers are ready but i am willing to release it only after the Sharebit payment is launched ....

so that they can implement it in every Peer to Peer payment system in next version

1. I read the project. I am sorry to say it can not work like you described (at least broadcasting transactions..).

2. Please put 30k USD on a public-key and sign a message with this key


Well Sharebit has its own coin.... and a paper will be released for existing peer to peer systems ....

So far i am in a plan of releasing it as a Open Source .. But it depends on Investor...

well i dont know about Aricoin stage.... but Sharebit is Ready .... we can launch immediately... but we dont want it to fall like any crypto currency...
thats why i am in search of investors to advertise and go on... well we tested with two Mobile Device to transfer Some coins and it worked perfectly ... we are still upgrading and testing every single feature

4. Can you post a video?

3. So you will release a cryptocurrency with/for this project?
    (let me guess: crowdfund?)



from what i am reading here: This is just another try to hype an unlaunched coin and gain momentum to attract investors*  for the launch..




#my opinion and personal conclusion: This project = copypasted sh*tcoin-clone with no innovations. This "super offline KMT mega crypto-transaction system" will not be released BEFORE the investors* paid. So people will be "buying" something which isn't even provably existent.







*unaware cryptonoobs willing to lose/burn their money
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September 02, 2015, 08:41:50 AM
 #47

well we tested with two Mobile Device to transfer Some coins and it worked perfectly

Could you upload a video of this?
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September 02, 2015, 11:49:32 AM
 #48

First i would like to say i Already have INVESTOR so i am not here to ask any penny .....

The 30K USD is in fiat currency . Where Investor agreed to pay that money for the contest...

Since i already said the companies trying to make the offline payment is Pa*pal and AP*le... i cant release the Video now... but i will release it soon....

And if you say its a COPY PASTE stuff .... find one encryption system like KMT which can give Many encryption hash for same word

You can test by yourself http://sharebit.org/kmt

Test yourself


if you are still that confidence ... juts search online and crack the code ..... if you think its a copypast ... prove it...


I have Proved KMT is created/.... http://sharebit.org/kmt  and not speaking in air


Prove that its a clone .... or else dont talk in air
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September 02, 2015, 02:12:20 PM
 #49

I can see many have Doubts .... and ya Bitcoin.pdf i have read that few yrs back ...... But anyway thanks for the suggession.... Pab can send your skype id to my message .... i will have a voice call..... to you Pab


@Uptrenda :  Well The reason i dont wanna release it cus of security.... can i say one thing Pa*pal and Ap*le are currently trying to build a offline payment system ..... Releasing much information will be easy for them not for us.... This Project is basically for the plp who is fucked up by fee and centralized system who is taken by government..... Thats y i dont wanna release the code or paper now.... hope you guys understand...


I can understand about double spend.... See double spend will be a no more after the release of POK method ... i am saying again... Bitcoin works on POW alone...... thats y double spend is possible

POW : Doublespend Problem, after all coin is generated Miner wont verify the payments .. but they say they will increase the fe... thats bad

POW + POS : Solution Coin wont be Stopped... It will function even if all coins are generated / Doublespend Problem

POK : There is no possible way to stop verifing / no Doublespend.....

Hi i am sending you my contact details
Regards
P


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September 03, 2015, 11:58:01 PM
 #50

Your going to need to escrow funds because there is plenty of people who would be willing to try buy not to get screwed out of all the time they spend on it.
To us time is money.



.
.BITVEST DICE.
HAS BEEN RELEASED!


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September 05, 2015, 01:20:20 PM
 #51

ok within 24 hrs ill upload the cash in Online escrow service .... and release the link of 30K USD Escrow payment
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September 06, 2015, 02:12:57 PM
 #52

Well Bitcoin Basically works on POW which needs conformation by miners ... there are few other methods like POS, POF ,POC and few are conformed easily.... this offline works on new method created POK where share bit will be the first to operate using POK ..... that makes instant confirmation
and highly secure... cus dont worry basic encryption is same as bitcoin using same sha-256 2 times and basically this payment of offline coin system cus instead of 2% fee of visa they can start using SHarebit ...

Current Status :

VISA : 6000-32000 Transaction Per Second
Paypal : 112 Transaction Per Second
Bitcoin : 7 Transaction Per Second

well this technology will go little bit higher

Current Status :

VISA : 6000-32000 Transaction Per Second
Paypal : 112 Transaction Per Second
Bitcoin : 7 Transaction Per Second


If I understood you clearly you have invented a payment system that does not work or wait for the miners confirmations before it can complete its transactions, is this limited to a particular coin?
Also I do not agreed with your data above as regards the speed of transactions per seconds because I think it have to do with number of people doing the transactions per second.
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September 06, 2015, 02:18:02 PM
 #53

Only until the protocol Bitcoin there is no mechanism which allows to carry out as many transactions. As long as there is enough. See https://lightning.network/

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September 06, 2015, 09:42:28 PM
 #54

half second transaction coin already exist,not bolckchain
yet another not blockchain iscoming
there is already tested one much efficient blockchain
and yet another on the way
technology never sleep


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avatar_kiyoshi
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September 07, 2015, 05:34:29 AM
 #55

To OP, i scanned your site, and found this: https://www.virustotal.com/en/url/3175e1ea030cddd8177ec7f194d70378bb5b7e5e934fe5444934d3da3eb62b2e/analysis/
anyone not try to check the site Huh
mallard
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September 07, 2015, 08:28:22 AM
 #56

To OP, i scanned your site, and found this: https://www.virustotal.com/en/url/3175e1ea030cddd8177ec7f194d70378bb5b7e5e934fe5444934d3da3eb62b2e/analysis/
anyone not try to check the site Huh

I think that it's just a false positive.
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September 07, 2015, 08:34:41 AM
 #57

If I understood you clearly you have invented a payment system that does not work or wait for the miners confirmations before it can complete its transactions, is this limited to a particular coin?
Also I do not agreed with your data above as regards the speed of transactions per seconds because I think it have to do with number of people doing the transactions per second.


FTFY
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September 08, 2015, 01:44:32 AM
 #58

And if you say its a COPY PASTE stuff .... find one encryption system like KMT which can give Many encryption hash for same word
BTW, It's ciphertext, not encryption hash

And one encryption like that is PGP (among others)
Here is an example:

The cleartext:
Code:
Hello. You Are Wrong.

A ciphertext using key posted below:
Code:
-----BEGIN PGP MESSAGE-----
Version: GnuPG v1

hIwDbpMln/sWCfQBA/9fP5XqPJIh+8wOmXPf7W43uiitflaW1fy+sWd5MgJ9ZIIT
1NixJxJkn868F6tB3jWR7TwhEANR3mU9Ihm5jqFFrywfkEpAuPX0Q5LmzgCeK7Rb
Pg/EqzW1yrC+On8jU73az70E+gm5EDhYM1+rnZmUEeq9RNdGE02q8Vzpns3BAtJQ
AfEA4dnF+N1QDHu78p+fT80X0j3GJJZW8ldXlGoQXFhTKhph57OT0DKTTqLL+w1Z
XhIla5NJ242+X49rS0UUWU/Kr8kOlIgilxHMiMDeyBM=
=QKpj
-----END PGP MESSAGE-----
Another ciphertext using the EXACT SAME KEY
Code:
-----BEGIN PGP MESSAGE-----
Version: GnuPG v1

hIwDbpMln/sWCfQBA/0YOjoA838tS2Y5/OQESukDhr1VfhpcLOnn1oawirSCe4cb
btWhiJJ/ylHl7g1ktnfRUdPWmiiFivEZ2lL2R9WRiSmp/JtgoPtePaN9vgWLyCiW
HZgPQivxNJbF9GRM2p5kvuWVtRrVVoP/Ccu3GspLRDkvkmoacpaOxQo2omKpdtJQ
AR71jxoT62B42z8g+rVinbYka8Pby+PY1u9eOsNt2FrUJlLdXQYpsgpXma24efyi
1GQvnRtfl9gkPKKyFze/42KCJq27gS17TxHRvIjdIE8=
=bmd2
-----END PGP MESSAGE-----
And the key so you can verify this yourself:
Code:
-----BEGIN PGP PRIVATE KEY BLOCK-----
Version: GnuPG v1

lQHYBFXuO1UBBADD/iLiQdBqB+eRkt3tgI1r1Zi37S2UoYW+sEsNpLz7y/koEhPt
UmHs1RT5Mc56kZRVBgv8wDtyGmL/sNhKdzwpn9Ub5k3sTs+G/99/nfl3anqHP5iv
DafyZKTSS9oen8NlnOVjTFSSIRtPAYro1GjC59qoEC/eXgylERgii4YtGQARAQAB
AAP9FjU7uqt+dCVFJgegQgMpAykGzwB/A7JxtzO+rWMXTujD6LhzrZaCJhXW9I2i
Od05E5FF1nPpyHoY8aQWPgnYtSOEVR7btmWd9zYd3RGwuVEJgPnENcCY7eyuB9xn
UpuAWGK7KqxNFAgoY8UysN7ir3DfXP24XyS5lJkl5tnI0QECAMRDxBMJwlhf5nbE
Jte1md9Mofwa02x+vmInf6miy0oxGWAeDDGKfcKBhrkS/ZgoA6EzfY1OEhGB/c+/
rUc3FBECAP+lLYUNPScrRakhTeVvrlLAnT0+22UVrFXquRLnT+1twoNlUXgm8Isg
OztaRPMvOTB+SQR0jmpwi7hmUQL1cIkB/0TRGKsVTTAZCdOQkfQMx5ceVnqsYzqu
QSvRXszGwZVlIjXrz/LgUPCniARl5IOiTSBuQeCalj7aextuDeXA0buZmLQiRk9S
IEVYQU1QTEUgKERPIE5PVCBVU0UhISBFVkVSISEhKYi8BBMBCgAmBQJV7jtVAhsD
BQkJZ3TrBQsJCAcDBRUKCQgLBBYCAQACHgECF4AACgkQ2qiaQJc1GI/QMgQAnZdl
3CAQJb2u374ARZ1NHd0QSSqxaDfYpNomrVK2JsxxcAxCoasSoz8eWxP4iLW7IQGq
WyEE5rw645IQ5sk8ySOnyk404Pw0tpStQoIm9VfzaabT9TV+l8SXaseV+gCPk5Bq
mA/SzFdgTQL4yyUDrBz8Hh1ZnM9P2p8VlVeJ9eedAdgEVe47VQEEAKUS5d5jYBAA
dhO8wQG8zhb2lMaqYM43PiouHg8GzvDYqb+3ohEc6XBXoD6IqoJW1Qkds/ac6t0f
w4Lzrwsla4avNjqaeKMLn29vZVr9DcFnU3KVvy+PoOHv86qXS74BAe5crHqWiOZH
zqvwovYcFP9F3fvA9X5MG/j1QFLJBx5vABEBAAEAA/9ATGGkY7H92agknP/TBO+D
q02dKq1ldcgtluQXd0/xKXvJVSZ4Ivpcy4z7/rDn7xmxINRCCbJEKoS1w+SZY1yD
rAaxWMAlUYAs2gzaQuwQlTIEYh/a8ydZO/KDYibFFOL66Fty/bh7r9ebuTfbC37a
ovcQQGi2JkSbJlj1/hym8QIAxgVXvC5YYP7euXxQrHum/f/UYGtSUuU324jNMWPJ
fsUqObuSP27t8BWvz/4TmFl6UZc9O88EClt37mWB1/NU8QIA1WgCMpbJoS42gLuQ
OenNLhug70MECDJAV6PtmjFPfq6CpcxOMSYzXdeLt0UV/KGCZhYvPVehlVsu0cX3
/yApXwH/eY2YL9DkSf43C9AeGrXLmg9+mymFWubJDeJSxFGvm3/kWgTBMO4CtJxd
oSp6RIY2cAWQ3m4BvcnD/XYWAdy+n6QBiKUEGAEKAA8FAlXuO1UCGwwFCQlndOsA
CgkQ2qiaQJc1GI+eYgP+JzuBHDgZvEc535U0eU/9rrdhdaduP/JE097NlN86l1z2
QuO3npDYOO0w3R3VELLIthvoMX8IqHcPFqu8yyov4OBAs+SmMsS/GGryGDHt80XN
joyNx/W/qq1RP+IuXKGjIdbG7tinEHNPbtVx9/oBl0C5Qr0yWYF7VCZZQEgAwyY=
=UReW
-----END PGP PRIVATE KEY BLOCK-----
-----BEGIN PGP PUBLIC KEY BLOCK-----
Version: GnuPG v1
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=PfUC
-----END PGP PUBLIC KEY BLOCK-----

As you can see, the same cleartext encrypted with the exact same key produces two different cipher texts.

And wait, there's more!
PGP is OPEN SOURCE!!! So in theory you could have taken PGP (or any other open source encryption algorithm) and modified it slightly to make KMT.

mrz123
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September 08, 2015, 10:31:10 PM
 #59

Offline digital peer to peer transactions means everyone can double spend as many times as they want. Since no one is keeping track of the transactions that happened.
Thats why bitcoin has a decentralized ledger that keeps track of peoples transactions to make sure that they don't spend coins that they already spent. That is why digital peer to peer transactions need to be online and stored on a decentralized ledger like the blockchain.

A way to spend coins multple times in an offline digital transaction system would be to copy all the wallet and everything to other devices that you own, and spend the same coins to different people using each device.

Do I get the $30,000 reward now? lol Roll Eyes
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June 27, 2017, 08:30:09 AM
 #60

Successfully after 2 Years SecureBitcoin is launching with solodynamic encryption system
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