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Author Topic: Official Anoncoin chat thread (including history)  (Read 529925 times)
Apraksin
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October 18, 2014, 10:23:37 AM
 #3561

I had to deal with delays each day for 2 weeks now. train services union are striking in germany Sad

Delays in Germany!!?? Does not compute Cheesy
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alacast
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October 18, 2014, 10:33:40 AM
 #3562

Gnosis: hold on ! (and have sleep also). Your work is much appreciated  Cheesy
sorrros
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October 18, 2014, 11:38:42 AM
 #3563

Alacast- #1 = #1 lol Cheesy then again the current logo's cool too, just very very different stylistically, like new modern techno vs crypto anarchism Cheesy

I know that n00n doesn't like 3D stuff, but here is a little compromise  between the actual flat logo and something more techno-ish Wink :


These logos are entertaining but Soviet Union collapsed in 1989...
I liked the one with formulas on the back as it refers to the hard-core maths behind zANC - but why a chain?

Thanks Gnosis- for your work and updates; we definitely appreciate  Smiley

► LudenaProtocol ◄ ♦️ A Gamified Social Platform for Worldwide Gamers ♦️ ► LudenaProtocol ◄
───●●───●●───●●───●●───●●─[   Bounty Detective   ]─●●───●●───●●───●●───●●───
Website|Twitter|Medium|Telegram|Instagram|Whitepaper
ntrn500
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October 18, 2014, 12:41:14 PM
 #3564

Gnosis: hold on ! (and have sleep also). Your work is much appreciated  Cheesy


+1
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October 18, 2014, 12:49:39 PM
 #3565

Any updates from Meeh?

Still alive, coding his ass of? The lack of sleep and energy drink abuse make me worried.  Tongue

I hope all is well and that he takes care of himself. Health and general well being should be priorited. Anoncoin development is not a sprint, but a long term project.
AnonCoinTwitter
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October 18, 2014, 05:53:48 PM
 #3566

Any updates from Meeh?

Still alive, coding his ass of? The lack of sleep and energy drink abuse make me worried.  Tongue

I hope all is well and that he takes care of himself. Health and general well being should be priorited. Anoncoin development is not a sprint, but a long term project.

Energy drinks fit perfectly with coding.

That being said sleep deprivation can only last so long. At some point the community should chip in and start a vacation fund for meeh and gnosis after their projects are complete

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October 18, 2014, 06:13:53 PM
 #3567

I hope everyone is thinking about how to help ANC after Zerocoin. The development team is not working on ANC alone!

Lets think about merchants we want to approach and privacy focused consumer groups who may be interested.

Adoption will come much faster if we make sure key partners are aware of our groundbreaking technology and how it can benefit them

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October 18, 2014, 08:29:27 PM
 #3568

I hope everyone is thinking about how to help ANC after Zerocoin. The development team is not working on ANC alone!

Lets think about merchants we want to approach and privacy focused consumer groups who may be interested.

Adoption will come much faster if we make sure key partners are aware of our groundbreaking technology and how it can benefit them

+100 Do you have any ideas on where to look for merchants. I'll keep my eyes open, and be happy to get the word out on this great coin.
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October 18, 2014, 11:29:50 PM
 #3569

Steps for adoption: Think dark markets.  Think getting blessing from core bitcoin developers as providing valuable technology, even if not appropriate for bitcoin itself.  Think talking to the coinbase guys.  Email ben horowitz.

BUT all this is dependent on having best in class tech.  And it has to be better and more marketable than darkcoin.  Once we are up and running, anoncoin needs to extremely credibly be able to say all of the following:

1) We have solved the anonymity problem.  Further work in this area (by other coins, etc) is a waste, because there are no shortcomings to our solution

2) Our solution (if not the math itself) is easy to understand, and is an elegant technology like bitcoin, not a hack-y technology like all the other coins with mixers and masternodes and minimum coin requirements and so forth (looking at you darkcoin, for all I admire you)

3) We can scale just as well as bitcoin for the following A, B, C reasons related to dealing with keeping the blockchain a reasonable size and being able to verify transactions with reasonable computation requirements

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October 19, 2014, 01:10:04 AM
Last edit: October 19, 2014, 02:37:13 AM by nbrk
 #3570

In the spirit of amateur gimpage and boredom (The A in the shadow of the Z . Skills/talent lacking, that's what the intention is.):

http://s2.postimg.org/hz30roxl5/zero2.png

But in all seriousness, I think a good feature would be -- and I'm not sure how to put this -- if there was some kind of way to verify ANC addresses are not ASCII strings. The thing I really find invasive about bitcoin/blockchains is that people are now using it to store all manner of unsavory information to our drives. I don't want a blockchain on my boxen with possible kiddie porn or malware payloads or what'evs. I know it's great on one level -- proliferation of information/censorship -- but I think that maybe a blockchain as a ledger should be just that -- something separate to another ideological thingiewingie. Must I submit *that* freedom in order to have my coinage?

I think anonymity, in this regard, is really the option to opt out -- to abscond -- from the status quo (bitcoin's exposure of the individual in this case). I don't see how a blockchain that allows anyone to put any old info on my drive as being in any way conducive to that idea. But I suppose implementing such limitations might be highly impractical (impossible?), and even offensive to some users?

Edit: Just did a 'strings -n 20 *.dat | more' on the blockchain. "02/Jun/2013:  The Universe, we're all one. But really, fuck the Central banks. - Anonymous 420" Followed by a whole lot of coin-miner tag-spam.
LucyLovesCrypto
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October 19, 2014, 06:02:01 AM
 #3571

Yay we cracked the 4k difficulty block, now we are only stuck on a meager 2k block!  Grin
http://ancblockchain.com/chain/Anoncoin

Ah, I see. Cool.

Yes, I had another look - it does always start running again, sure. And then left-over transactions do get processed.
The coin is really fully functional - just "stuttering". It is suddenly very fast, and then in a regular rhythm very very slow. (Still - much faster than a standard fiat bank - they need not hours but days for a tx Smiley )
The blockchain doesn't even get much bloated probably - because the slow blocks recreate the average of "3:42 minute block targets" ( = 420 blocks per day) ? Another non-existing problem, good.



Still, I was getting more and more fascinated. Irregularities are more interesting than smooth boredom :-)  All this is purely empirical, I haven't taken the time to look into the KGW code yet. I just did some preliminary data analysis - What else could I find out?  -->

The difficulty adjustment algo seems to have a strange pathology that it very suddenly increases the difficulty by a huge factor, from one block to the next one. (for an example, have a look at blocks 252656 and 252657 here http://abe.darkgamex.ch:2751/chain/Anoncoin?count=12&hi=252662). And it is such a strong jump that when the miners are leaving (and every clever miner should leave when there is suddenly a difficulty a hundred times higher) ... then it suddenly takes many hours, even half a day, for the next blocks.   That slowness brings the average block time back on track. And 2 or 3 blocks later, it's running fast like mad again. Rinse repeat.

As the programmers very very probably did not intend it to be like that  Grin it looks to me as if the difficulty adjustment algo is getting gamed somehow. Different from, but comparable to an instamine. It happens regularly.

I call those 2-3 blocks 'difficulty-walls' for now - they can be higher than 6000, while the bottom in between can be as low as difficulty 25.

Right now we are on block 253261, the last 'difficulty-wall' was at 253140, the ones before at 253019, and 252898, and  252777, and 252657, before that at block  252534 ... - so the distances are 121, 121, 121, 121 blocks, 120 blocks, 123 blocks, etc ...  http://abe.darkgamex.ch:2751/chain/Anoncoin?count=1000  

Then the two or three SLOW blocks take 2 - 8 hours, usually.
The total time for the ~120 FAST blocks between two such difficulty walls has been 6 - 33 minutes.
That's the time in which 600 ANC can be mined in one go - with little effort.  One block every 3-16 seconds, worth 5 ANC.


Interesting phenomena. And still 20 full days time until November ... make me think now:  Why leave all that wealth flow into the pockets of that perhaps only one guy?   He would get 5 * (1440/3.42) * 119/122 ~ 2000 ANC per day, which -dumped at the current price- could mean almost 50000 dollars until then. Not much compared to the market cap of a million dollars, actually. (Perhaps that is the reason that this is not even perceived as a huge problem here? - which I found really odd when I encountered this first.)

Still, is there anything that could be done about it?   First I thought: What if I rent a few rigs now, in order to catch some of that seemingly-easy-to-harvest wealth ... BUT I need to be there in those few minutes, when all those ~120 blocks are generated, at ridiculously low diff. And then as soon as there is a difficulty-wall, while those 1-3 blocks with a 20 - 150 higher difficulty are mined (which takes 2 - 10 hours, seemingly) ... I have to stay away, and simply mine something else.  Where can I find such an algorithm?  Do I really need a special sgminer variant?  Or can I just use cgwatcher to switch?  But if I rent rigs, I could not use cgwatcher, only choose the pool - so do you know WHICH pool provides such cleverness? ... BUT then of course, the categorical imperative of Immanuel Kant comes to mind ... What would happen if more people used such an algorithm now?    

... very probably those difficulty walls would become even higher, right?  -->

I decided to have a longer look at the time series.  The peaks already seem to get higher indeed! The first plot shows the past 10000 blocks.



19/09/2014 00:41 - 10/10/2014 19:31 = 21.78 days
--> 3:08 minutes per block on average, that's pretty close to the targeted 3:42 minutes.

Actually: When did the raping appear first?  I only looked at the past few thousand blocks.  

Conjecture: The recent (re)appearance simply comes from the price surge. While the price was below approx 0.002 BTC/ANC, the problem always went away again - probably other coins were simply more profitable for that clever rapist (Isn't there a more neutral term?  Essentially he is simply harvesting money ... in a way that the source code of this coin allows.).  But then on October 6h, everyone went nuts about ANC https://cryptrader.com/charts/cryptsy/anc/btc and since October 7th, the stuttering hasn't stopped anymore.


The second plot zooms into the recent past, the last 11 difficulty-walls, within the last 1212 blocks.



08/10/2014 15:01 - 10/10/2014 19:31 = 2.19 days
--> 2:36 minutes average block time, only 30% too fast. Not a big deal.



N.B.: The x-axis is not proportional to date, but to block number - you can easily see the regular 121 block frequency. While ANC is getting raped, it is 'breathing' with a base frequency of about 10 / ( 2.19 * 24*60*60) = 0.00005 Hertz, and with very fast breath of about 0.3 Hz during those 119 highly profitable blocks. What a stuttering.  Here are examples for the 119 fast blocks:






At least no one is getting any coins into exchanges to dump!!
The bright side of very high diff raping situation, lol...
Well I was wrong about that I guess, those dumps are insane.
Yes, because the leftover 7 - 47 transactions are then simply processed in the fast phases.


Speculation: The dumps might actually also happen exactly in those intervals?  You can check the times of the dumps yourself, I wouldn't be surprised if they always happen shortly after a fast blocks phase. There have been precicsely 4 dumps in the time span where there were 4 low-diff runs with 600 ANC each. But hey - that is speculation.


Welcome to Anoncoin!

Thanks a lot.

And thank you strange coin, for these pleasurable nerdy hours, analyzing your unique heartbeat ...

 Cool
Send me
BTC 1NceECxBgg5E7si8gJwinuBcBhpZTn5889 or
[ANC] Aa96FUJyZXXZN2AhPtGbbAUsM7Nsxd1xhU
If this analysis helps you to make money (or avoid
to loose money) - or if you simply enjoyed this,
then send me some coins please. Thanks.  Wink

EDIT: I started here and here, actually.

Is it possible the dev team is part of the secret mining group getting rich from the difficulty issue? Just a crazy theory but that may explain why they have taken so long to fix the problem
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October 19, 2014, 07:14:12 AM
 #3572



So...

What's going on now with the update? We've been informed that it would come and we already should look out for Infos in bitcointalk and reddit  Undecided


I just wonder, because the problem with the wallet/exchanges/hashrate is going on for quite long

Most Coins are Shitcoins
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October 19, 2014, 07:41:28 AM
 #3573

Does anyone have a chart of the total number of ANC in circulation as a function of time?

I could be wrong, but I think that about 300,000 coins have been minted in the past couple months in relation to the difficulty algorithm problems. If that is true, we will burn through a million coins (1/3 of total supply) by the end of the year.
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October 19, 2014, 10:36:25 AM
 #3574

I have checked using http://www.timeanddate.com :

Genesis block : Sunday 02 June 2013

Up to block 87777 theoretical time for a block was 3.42 min hence : for 87777 x 3.42 min = 300197 min = 5003 hours

Sunday 02 June 2013 (noon) + 5003 hours (208 days, 11 hours) = 27 December 2013, 23 h 00 m 00 theoretical

In practice block 87777 timestamp is 2013-10-31 05:37:47

Hence two months in advance, probably due to diff too low in begining and/or attacks when diff adjust was like litecoin.

Taking 31 october 2013 for block 87777 and adding 257343 (actual block) - 87777 = 169566 blocks of 3 min each :

2013-10-31 + 8478 hours (353 days, 6 hours) = Sunday 19 October 2014, 18 h 00 m 00 (today)

--> hence I conclude the diff adjustment using KGW is on time even if having highly variable block time.

So there is no problem and not a million coins will be burned like you said in 2014. We are 49223 blocks = 246115 ANC before the halving reward, the date of halving is about 30 january 2015.


Does anyone have a chart of the total number of ANC in circulation as a function of time?

I could be wrong, but I think that about 300,000 coins have been minted in the past couple months in relation to the difficulty algorithm problems. If that is true, we will burn through a million coins (1/3 of total supply) by the end of the year.
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October 19, 2014, 10:46:51 AM
 #3575

It's too late in the day for me to make a progress update, except to say that I have been writing code at a very rapid pace Wink  You all can expect a real update in ~21 hours.

Generally the quieter I am on btctalk and IRC, the more work I am getting done, so don't worry if I'm not posting much here!

ANC:AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6 | BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx | GPG: E6D0 96DE 5B3E 16C7 C57F  DC3B 654D BB7A D847 993A
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October 19, 2014, 12:14:49 PM
 #3576

It's too late in the day for me to make a progress update, except to say that I have been writing code at a very rapid pace Wink  You all can expect a real update in ~21 hours.

Generally the quieter I am on btctalk and IRC, the more work I am getting done, so don't worry if I'm not posting much here!

Your fine, I for one really appreciate your time and hard work.
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October 19, 2014, 11:46:41 PM
 #3577

I underestimated the scope of this project and set too ambitious of a schedule for it. Zerocoin will be probably be ready within 2-3 months, but I don't want to give any more release dates (either for testnet or mainnet) until I am very, very close. I will not make this mistake again.

I will continue to give status updates, and I have made tremendous progress in recent weeks. As I promised, I will still work full time on this until November 1, and I expect to have a few hours a day after that to work on it.

ANC:AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6 | BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx | GPG: E6D0 96DE 5B3E 16C7 C57F  DC3B 654D BB7A D847 993A
alincoln
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October 20, 2014, 12:01:25 AM
 #3578

I underestimated the scope of this project and set too ambitious of a schedule for it. Zerocoin will be probably be ready within 2-3 months, but I don't want to give any more release dates (either for testnet or mainnet) until I am very, very close. I will not make this mistake again.

I will continue to give status updates, and I have made tremendous progress in recent weeks. As I promised, I will still work full time on this until November 1, and I expect to have a few hours a day after that to work on it.

Really, this is the best you can do after saying it'd be ready in a week?
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October 20, 2014, 12:17:58 AM
 #3579

lol
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October 20, 2014, 12:52:25 AM
 #3580

I underestimated the scope of this project and set too ambitious of a schedule for it. Zerocoin will be probably be ready within 2-3 months, but I don't want to give any more release dates (either for testnet or mainnet) until I am very, very close. I will not make this mistake again.

I will continue to give status updates, and I have made tremendous progress in recent weeks. As I promised, I will still work full time on this until November 1, and I expect to have a few hours a day after that to work on it.

You are a manipulator and certainly make much profit with your bullshit estimations.
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