somacoin (OP)
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May 16, 2016, 12:45:21 PM Last edit: May 19, 2016, 02:05:02 PM by SOMAcoin |
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You may see a release in approximately 1 month. I am in discussions right now with my co-developer. We may have an announcement as early as tomorrow. We are still nailing down the issues. I just discovered this new technology breakthrough in the past 24 hours. I need a bit more time to make sure it is correct. But so far, my co-developer and I both already think it is correct.
Note when I write "co-developer" I actually mean that someone I collaborate with on ideas and who is independent of me. And if this this new plan proceeds, I will just be the contract programmer and the technical lead, but not the entity who is launching the coin. Any way, more details to follow once discussions are completed.
P.S. we are thinking of forking Bitcoin 0.12 and making the modifications for anonymity on that. And then we will add the advances I want for my ultimate coin in stages.
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Warren.Buffet
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May 16, 2016, 01:06:46 PM |
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I will invest in this coin for sure ....
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instacalm
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May 16, 2016, 01:08:40 PM Last edit: May 16, 2016, 03:31:16 PM by instacalm |
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A Bitcoin fork by anonymint / tptb_need_war with modifications for anonymity! Very interesting!
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TPTB_need_war
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May 16, 2016, 01:23:34 PM Last edit: May 16, 2016, 01:41:29 PM by TPTB_need_war |
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I can say that my co-developer refused to allow the masternodes have the ability to unmask the anonymity. I was arguing for a simpler design but his standards of ethics on the technology are even higher than mine. Then apparently we were able to devise a solution so the masternode could not unmask.
I was arguing that the user could just mix numerous times, so even if the masternode could unmask one of the mixes, all the masternodes would need to collude to unmask numerous mixes. But my co-dev pushed for us to find an even greater assurance that the masternode can't unmask the anonymity. And we figured out how to do it.
I will excerpt what he and I wrote me in chat:
me: CoinShuffle does not scale. me: CoinShuffle has a simultaniety requirement. Any one participant can jam it. me: If you adopt CoinShuffle that is a death wish for the coin. me: The coin will be jammed, nobody can use it, the coin will die. me: Unless you make jamming costly, the adversaries will jam every CoinShuffle mix. me: Afair, CoinShuffle requires forwarding each stage of the shuffle to the next participant. How do you distinguish between Internet connectivity failure and intentional jamming? me: so then you can't confiscate a deposit if there is jamming me: 1000 masternodes are guaranteed to be bought by the evil side? me: We just need to decentralize mining more. My design is the spenders are the miners! co-dev: i dont want to claim something is anonymous when a breach of data center compromises privacy me: Dash has no problem with that. lol co-dev: so that is why I say sparsely used massive number of virtual dcnets me: I am not going to endorse anything using CoinShuffles and DCnets. I am fairly sure it will blow up. me: I won't risk my reputation on such an experiment. co-dev: i dont see why the submission to the masternode cant be protected in some way me: I want a clean design that even if not perfect, we can be sure how it will work. ...(discussion of the solution)... me: So the user can send their output to any masternode. So no one masternode sees all. me: Okay great!!!!!!!! ... me: Oh this is good. ... me: I really like it. It is quantum computing resistant! me: We can actually make this quantum resistant with lamport signatures. I already have the C code for lamport signatures on my github.
Edit: let me add that I know the logic from Monero and Zcash will be that masternodes can be monopolized by the NSA or other super power adversary. But remember there is no anonymity against such adversaries even with Monero and Zcash (due to meta data correlation). That is a delusion. The real market is bringing privacy to the masses. Which means you need scaling.
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generalizethis
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Facts are more efficient than fud
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May 16, 2016, 01:30:40 PM |
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I can say that my co-developer refused to allow the masternodes have the ability to unmask the anonymity. I was arguing for a simpler design but his standards of ethics on the technology are even higher than mine. Then apparently we were able to devise a solution so the masternode could not unmask.
Evan DuffieldNow I'm curious as to how, and to whom, this goes....
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TPTB_need_war
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May 16, 2016, 01:53:37 PM |
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I can say that my co-developer refused to allow the masternodes have the ability to unmask the anonymity. I was arguing for a simpler design but his standards of ethics on the technology are even higher than mine. Then apparently we were able to devise a solution so the masternode could not unmask.
Evan DuffieldNow I'm curious as to how, and to whom, this goes.... I can't tell you how old he is. I swore to never tell. Obviously it isn't Vitalik. And it also isn't David Zimbeck, nor Charles Hoskinson, nor anyone from Bitshares.
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cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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May 16, 2016, 02:01:34 PM |
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I can say that my co-developer refused to allow the masternodes have the ability to unmask the anonymity. I was arguing for a simpler design but his standards of ethics on the technology are even higher than mine. Then apparently we were able to devise a solution so the masternode could not unmask.
Evan DuffieldNow I'm curious as to how, and to whom, this goes.... I can't tell you how old he is. I swore to never tell. Obviously it isn't Vitalik. And it also isn't David Zimbeck, nor Charles Hoskinson, nor anyone from Bitshares. Is it an ico ? Sorry, i see now mining mentioned. Ok, well sounds interesting.
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qwizzie
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May 16, 2016, 02:28:17 PM |
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I can say that my co-developer refused to allow the masternodes have the ability to unmask the anonymity. I was arguing for a simpler design but his standards of ethics on the technology are even higher than mine. Then apparently we were able to devise a solution so the masternode could not unmask.
Evan DuffieldNow I'm curious as to how, and to whom, this goes.... I can't tell you how old he is. I swore to never tell. Obviously it isn't Vitalik. And it also isn't David Zimbeck, nor Charles Hoskinson, nor anyone from Bitshares. Satoshi ? and if so which one ? please tell me he didn't made you sign a contract to keep his identity a secret
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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Febo
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May 16, 2016, 02:35:16 PM |
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Perfect so is June.
It took only a year to finally get there. Hardly wait to see all promises.
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prettybuds
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May 16, 2016, 02:56:35 PM |
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I am VERY interested.
One particular question: does it mean JAMBOX is a seperate project from this?
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cryptosecurity
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May 16, 2016, 03:04:27 PM |
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Silent reader here. one of the most promising projects. following closely.
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freshman777
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May 16, 2016, 03:15:53 PM |
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Right on time when traffic jam in Bitcoin is happening. Sigh of relief.
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ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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Laniakea
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May 16, 2016, 03:17:31 PM |
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Right on time when traffic jam in Bitcoin is happening. Sigh of relief.
Maybe this is indeed the continuation of Bitcoin itself unfolding to areas not deemed possible in the past. Thank you for your work Mr. Moore. where can we donate to, have an address?
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freshman777
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May 16, 2016, 03:26:17 PM |
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Maybe this is indeed the continuation of Bitcoin itself unfolding to areas not deemed possible in the past.
You are a man of little faith, it is not maybe. Rejoice, brothers and sisters, we're saved! This time for sure.
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ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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NeuroticFish
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May 16, 2016, 03:38:15 PM |
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P.S. we are thinking of forking Bitcoin 0.12 and making the modifications for anonymity on that. And then we will add the advances I want for my ultimate coin in stages.[/size]
Very interesting approach! And it's not because of anonymity, which in a way or another some coins provide. The interesting part is imho that this is based on a (recent) version of Bitcoin. Maybe some day Bitcoin devs will make themselves an upgrade of Bitcoin to make it anonymous. It gives Bitcoin a good chance to make the first steps into implementing some of the things altcoins proved that's good and needed directly into Bitcoin. It would mean the evolution quite some of us hope for... But maybe I dream too far...
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Sark
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May 16, 2016, 04:26:32 PM |
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Can't wait to see this coin launched so I can mock it relentlessly finally see what a real crypto should look like!
Seriously though, looking forward to seeing this project get launched.
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tokeweed
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Life, Love and Laughter...
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May 16, 2016, 04:32:23 PM |
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I can say that my co-developer refused to allow the masternodes have the ability to unmask the anonymity. I was arguing for a simpler design but his standards of ethics on the technology are even higher than mine. Then apparently we were able to devise a solution so the masternode could not unmask.
Evan DuffieldNow I'm curious as to how, and to whom, this goes.... I can't tell you how old he is. I swore to never tell. Obviously it isn't Vitalik. And it also isn't David Zimbeck, nor Charles Hoskinson, nor anyone from Bitshares. So he's a random guy.
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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NUFCrichard
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May 16, 2016, 04:38:26 PM |
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He might be a randon guy, but he knows his stuff. I don't love the way he gets his point across sometimes, but his points are usually worth listening to.
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cryptosecurity
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May 16, 2016, 04:47:15 PM |
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Nxtblg
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May 16, 2016, 06:18:54 PM |
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I can't tell you how old he is. I swore to never tell. Obviously it isn't Vitalik. And it also isn't David Zimbeck, nor Charles Hoskinson, nor anyone from Bitshares.
I trust you'll keep us informed. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) BTW, to everyone: I myself am uniformed with regard to the technical issues, but TPTB's description of his flash on inspiration - aftter a lot of work - rings true to me, at least in terms of how real inspiration-flashes come about. So to the extent to which the following is credible given my lack of technical expertise, I vouch for him.
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