Official Anoncoin chat thread (including history)

[matthewh3]

Some things to think about

Many other individuals, and groups are working on anonymous coins. It is very safe to say that many of those people are more experienced with altcoins and cryptography than gnosis.

Also what happened to the idea of copyleft and similar supposed values? Anc basically has an undelivered algo, by an unknown developer, which will be ready at an unknown date, and people are pretending it is some prize that must be protected?

How is it safe to say that at all???  Also all that the community is asking for is that the ANC Zerocoin github is started to be made public in eight weeks time instead of two.  A brand new account posted the above quote too???  I think the followers of this thread should get used to the idea of lots of shill accounts also popping up in the thread to attack the coin.  Most likely long term fanboys and bagholders of other coins trying to release an anonymous coin.  A trustless implementation of the Zerocoin protocol has long been considered the holy grail of transaction anonymity.  The only other protocol that even comes close is the ring-signature technique of cryptonote coins like Monero.  The CoinJoin technique that most of these wanna-be 'anoncoins' are implementing is not really anonymous and only obfuscates transactions from simple analysis.

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[gunzeon]

On a different tack ...

Is it envisaged that zANC transactions will have higher fees than a regular ANC-ANC transaction ?

It kind of makes sense if to get zerocoin anonymity there will be additional blockchain bloat and mining effort required ...

ideas anyone ?

[Gnosis-]

[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

[newb4now]

I asked on IRC today about the current estimates, this is what he said:

Code:

[00:22] <coinRelay> <Gnosis@I2P> TheKoziTwo: ZC is probably 4 weeks away from testnet
[00:22] <coinRelay> <Gnosis@I2P> the UFO server is probably a day or two away

So we were 4 weeks away from ZC testnet on June 20th and remain 4 weeks away from ZC testnet today.

What am I missing?

You are missing Patience and Realism my Friend

Gnosis had a full time job back then leaving little time for ANC. Now he is working on ANC full time (at least until Oct 1st) so he should be able to give a lot more attention to the project.

He also completed the UFO project as promised

[bamsterdam]

On a different tack ...

Is it envisaged that zANC transactions will have higher fees than a regular ANC-ANC transaction ?

It kind of makes sense if to get zerocoin anonymity there will be additional blockchain bloat and mining effort required ...

ideas anyone ?

yes like to know if there is a solution for this problem this is way this is why I only but a little some while ago. Also progress seemed really slow.

[Gnosis-]

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.

[TheKoziTwo]

Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.

[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

[niteglider]

Some things to think about

1) People are pinning all their hopes on one person's work. What kind of track record does that person have? What have they actually produced?

2) Many other individuals, and groups are working on anonymous coins. It is very safe to say that many of those people are more experienced with altcoins and cryptography than gnosis.

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.

Hello all, I am Gnosis, the new member of the Anoncoin team; I will be implementing Zerocoin in Anoncoin. 

...

We are very grateful for the excellent work of the Zerocoin people in developing the original Zerocoin, however they have apparently chosen to ignore our communications, for unknown reasons.  Fortunately, I have the knowledge needed to implement this without their help. 

4) Also what happened to the idea of copyleft and similar supposed values? Anc basically has an undelivered algo, by an unknown developer, which will be ready at an unknown date, and people are pretending it is some prize that must be protected?

Of course if it turns out to be a useful product people will copy it, just as anc has copied extensively from others. That is not the problem. Rather the problem is that anc seems to have little other than this long awaited zerocoin. Is there something else that anc has? There are good pirates and there are bad pirates.

LMAO!  What's the matter?  Are you holding a bag full of pretenders?  

Thanks for demonstrating the fact that ANC is on the verge by creating a new account in order try to push ANC down.

I suggest you dump all your DRK now and get into ANC while you still can.

Or you can hope that we do not prevail upon the devs to hold the source just long enough to keep wannabes
from stealing it before ANC is on the main net.

Do you feel something great about to happen?

[entertheabyss]

Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.

[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f

[LucyLovesCrypto]

Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.

[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

Could you please start the ball rolling?

I think we have potential to join DOGE on the moon here. Before we contribute to the ANC rocket ship plan can we get a confirmation about our github code concerns? Instead of a 2 week delay can we wait to publish anything until we are ready for our actual moon launch?

I would hate to see another coin take our code while we are in testnet and launch to the moon before we can!

[entertheabyss]

Gnosis: Somebody asked what will happen when (eventually) Shors algorythm breaks RSA. As it relates to Anoncoin, the RSA-UFO will be factorable and a malicious party could mint bogus Zerocoins

[LucyLovesCrypto]

Gnosis: Somebody asked what will happen when (eventually) Shors algorythm breaks RSA. As it relates to Anoncoin, the RSA-UFO will be factorable and a malicious party could mint bogus Zerocoins

that is a good question. Is there an estimated timeline for when Shors algorythm will have the potential to break RSA?

[entertheabyss]

Gnosis: Somebody asked what will happen when (eventually) Shors algorythm breaks RSA. As it relates to Anoncoin, the RSA-UFO will be factorable and a malicious party could mint bogus Zerocoins

that is a good question. Is there an estimated timeline for when Shors algorythm will have the potential to break RSA?

a couple decades at least

[TheKoziTwo]

Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.

[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f

Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

[mannie]

The point was that anc took advantage of their "intellectual property" without their permission but now some want to claim that work as proprietary to anc. I have no respect for "intellectual property" rights and was not criticizing the use of zerocoin. I was criticizing the hypocrisy.

Libzerocoin is under MIT license:
http://opensource.org/licenses/MIT

Libzerocoin warning on Github:
THIS IS DEVELOPMENT SOFTWARE. WE DON'T CERTIFY IT FOR PRODUCTION USE. WE ARE RELEASING THIS DEV VERSION FOR THE COMMUNITY TO EXAMINE, TEST AND (PROBABLY) BREAK.

Gnosis worked tons of hours on zerocoin implementation. The code on which it is based has nothing to do with the current zerocoin.
Don't be afraid of ANC dude, just buy some and enter in the game. It's not too late. The price is very low today. In some weeks, we will be on the top 3.

To top Ripple and get to #3 ANC would have to be worth $116 each, by my calcs. If Zerocoin is successful it will be a monumental step for cryptocurrency. Considering the low supply side sell pressure for a tightly held, low supply coin, and the demand for ANC with ZC, I think it could get there but it would be a phenomenal thing!

[entertheabyss]

Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.

[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f

Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Awesome! I hope more supporters will donate to the cause!

[mannie]

Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.

[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f

Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Wouldn't it be better to donate BTC? If gnosis wants to use donations for expenses, BTC would be better. If the donated ANC end up on the market, it will create a lot of unnecessary sell pressure.

[TheKoziTwo]

Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.

[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f

Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Wouldn't it be better to donate BTC? If gnosis wants to use donations for expenses, BTC would be better. If the donated ANC end up on the market, it will create a lot of unnecessary sell pressure.

Assuming 4000 ANC, it's not much and will not cause significant selling pressure. I have put up a buy order for 5000+ right now at 0.0017.

[entertheabyss]

Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.

[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f

Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Wouldn't it be better to donate BTC? If gnosis wants to use donations for expenses, BTC would be better. If the donated ANC end up on the market, it will create a lot of unnecessary sell pressure.

Assuming 4000 ANC, it's not much and will not cause significant selling pressure. I have put up a buy order for 5000+ right now at 0.0017.

Also the way this pump is going we are on track to reach $1 parity in the next couple days anyways. At current prices only 3480 ANC is needed.

[TheKoziTwo]

Wouldn't it be better to donate BTC? If gnosis wants to use donations for expenses, BTC would be better. If the donated ANC end up on the market, it will create a lot of unnecessary sell pressure.

Assuming 4000 ANC, it's not much and will not cause significant selling pressure. I have put up a buy order for 5000+ right now at 0.0017.

Also the way this pump is going we are on track to reach $1 parity in the next couple days anyways. At current prices only 3480 ANC is needed.

Yupp. And we actually need some more selling pressure... I would like to purchase more anoncoin, but if I want any significant amount I will have to clear the orderbook beyond 0.0025... there is very little ANC for sale.