doitnow
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Activity: 86
Merit: 10
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January 16, 2014, 08:56:33 PM |
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Neither the Forbes nor soundcloud links worked for me. Forbes redirected me to an AD.
Click on 'Continue to Site »' right top corner |
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El Dude
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January 16, 2014, 08:57:49 PM |
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what's the deal with this 7 masterkeys ? is this coin going to be centralized?
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Bitcoin and Litecoin hodler
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Exocyst
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Activity: 266
Merit: 250
Science!
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January 17, 2014, 05:58:53 PM |
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what's the deal with this 7 masterkeys ? is this coin going to be centralized?
It doesn't matter. ZeroCoin will be forked many times. I fully expect to see zerocoin-style transactions implemented on multiple new altcoins (with different Proof of Work algorithms), so if you don't like what they do just fork it. |
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LiteCoinGuy (OP)
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Activity: 1148
Merit: 1014
In Satoshi I Trust
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January 18, 2014, 11:22:35 PM |
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what's the deal with this 7 masterkeys ? is this coin going to be centralized?
It doesn't matter. ZeroCoin will be forked many times. I fully expect to see zerocoin-style transactions implemented on multiple new altcoins (with different Proof of Work algorithms), so if you don't like what they do just fork it. i am happy with it  https://www.youtube.com/watch?v=JRMOMjCoR58 |
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tslimx
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Activity: 68
Merit: 10
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January 26, 2014, 07:08:45 AM |
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Much thanks LiteCoinGuy for the updates, this is the main thread i love to follow on here now, as the securities subforum gives me ibs.
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cranial.nerve
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Activity: 39
Merit: 0
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January 26, 2014, 11:41:43 PM |
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Is it alive?
I'm hear that developers drop project.
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canth
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Activity: 1442
Merit: 1001
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January 28, 2014, 01:56:09 AM |
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Is it alive?
I'm hear that developers drop project.
Source? |
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surfer43
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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January 28, 2014, 03:16:26 AM |
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Is it alive?
I'm hear that developers drop project.
Source? There is none. Is it alive? Is it an organism? |
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tslimx
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Activity: 68
Merit: 10
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February 01, 2014, 07:00:57 AM |
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All i think about when i think about Zerocoin is "i'm gonna mine you so hard!" super excited.
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shtako
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February 01, 2014, 10:42:36 AM |
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Zerocash sounds like a "get rich quick" scheme.
It seems like the developers had a vision when they first announced zerocoin. Now it seems like they just want to get rich.
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Ente
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Merit: 1001
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February 01, 2014, 03:26:20 PM |
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Zerocash sounds like a "get rich quick" scheme.
It seems like the developers had a vision when they first announced zerocoin. Now it seems like they just want to get rich.
If from both the technical and economical side zerocoin works out, I don't mind the devs getting filthy rich. Just the same I don't mind Satoshi being filthy rich, and wouldn't mind Gutenberg been filthy rich too. Ente |
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Alohaboy?!
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February 01, 2014, 04:09:24 PM |
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any news?
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surfer43
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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February 01, 2014, 11:19:03 PM |
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Zerocash sounds like a "get rich quick" scheme.
It seems like the developers had a vision when they first announced zerocoin. Now it seems like they just want to get rich.
What is Zerocash? |
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cr1776
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Activity: 4214
Merit: 1312
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February 05, 2014, 01:49:31 AM |
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Zerocash sounds like a "get rich quick" scheme.
It seems like the developers had a vision when they first announced zerocoin. Now it seems like they just want to get rich.
What is Zerocash? A new name they threw around for zerocoin. |
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TylerJordan
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February 05, 2014, 03:04:27 PM |
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I'm very curious as to whether this system -zerocoin- can be applied to a 100% PoS (Proof of Stake) coin (e.g. nextcoin) as opposed to the PoW (Proof of Work) system that bitcoin and it's dirivitives utilize...anybody know if they are technically compatible?
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NewLiberty
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Activity: 1204
Merit: 1002
Gresham's Lawyer
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February 05, 2014, 03:52:58 PM |
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Anonymity is not just for illegal activities.
There are plenty of very good and legal reasons to conduct private transactions. Companies that use open blockchain transactions can be tracked by their competition and so many companies are not eager for this information to be public for simple business reasons.
This prospect provides an alternative for these legitimate uses.
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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February 05, 2014, 10:06:07 PM |
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Anonymity is not just for illegal activities.
There are plenty of very good and legal reasons to conduct private transactions. Companies that use open blockchain transactions can be tracked by their competition and so many companies are not eager for this information to be public for simple business reasons.
This prospect provides an alternative for these legitimate uses.
There are legal requirements for private transactions, lawyer-client confidentiality, medical records, corporate policy, due diligence, fiduciary duty .. many of these legally require privacy of transactions. It's just insane expecting a transactions system to be completely transparent. It's Utopian, mis-guided and goes against millenia of human nature. The people who propose it are dullards, lazy LE or corrupt insiders looking to gain an edge from information asymmetry. |
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LiteCoinGuy (OP)
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Activity: 1148
Merit: 1014
In Satoshi I Trust
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February 05, 2014, 10:19:18 PM |
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LiteCoinGuy (OP)
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Activity: 1148
Merit: 1014
In Satoshi I Trust
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February 05, 2014, 10:29:47 PM |
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