Lebubar
Legendary
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Activity: 1288
Merit: 1000
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November 11, 2015, 08:23:15 PM |
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Cryptsy depth chart not bad too :
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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November 11, 2015, 08:32:43 PM |
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If a miner mines a block and includes a conflicting transaction, or the big miner causes a reorg and removes that IX transaction, then yeah, you'd be fucked.
Invalid blocks are rejected by the network. An invalid block can be for example a block which has a transaction that conflicts with an already locked InstantX transaction. And the reorg scenario? lol i dunno #rektThis may be what Peter Todd referred to when he called Dark-coin "bad crypto" and "snakeoil."
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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illodin
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November 11, 2015, 08:45:34 PM |
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If a miner mines a block and includes a conflicting transaction, or the big miner causes a reorg and removes that IX transaction, then yeah, you'd be fucked.
Invalid blocks are rejected by the network. An invalid block can be for example a block which has a transaction that conflicts with an already locked InstantX transaction. And the reorg scenario? lol i dunno #rektThis may be what Peter Todd referred to when he called Dark-coin "bad crypto" and "snakeoil." Except that I'm not the dev, and my understanding was actually correct. Just read a few posts ahead and you won't end up #rekt:ing yourself.
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ddink7
Legendary
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Activity: 1120
Merit: 1000
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November 11, 2015, 09:45:53 PM |
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Just read a few posts ahead and you won't end up #rekt:ing yourself.
Lmfao ! You could probably cut bitcointalk's sprawling thread sizes down to a manageble level if we all just replied to each other "#rekt". (The forums probably wouldn't lose much information either ) ice hope for some #rektal fun in jail... Hashfast is #rekt
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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November 11, 2015, 10:00:12 PM |
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Not gonna lie. I'm stealing this.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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noah tall
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November 11, 2015, 10:33:53 PM |
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Not gonna lie. I'm the biggest asshole on this forum. Yeah, we know.
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DrkLvr_
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November 11, 2015, 11:17:44 PM |
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Sorry Peter Todd, but you apparently are guilty of peddling some fine snake oil yourself:Trolls gonna troll... Takes a real Dashtard to attack the coin they stole 98% of their code from, not to mention quote CNBC as a source
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Solarminer
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November 11, 2015, 11:32:56 PM |
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Andreas Antonopoulos just gave a talk about protecting with bubbles vs growing an immune system. https://www.youtube.com/watch?v=810aKcfM__QAt 20:48 he says: "We are going to build bitcoin with encrypted anonymous private transactions." (It would have been awesome for someone in the audience to yell out "Like DASH!" right after he said that. LOL!)Hmmmm. How is that possible? That would require a 2nd layer tech to keep 100% anonymous - so then not really Bitcoin? Pseudonymous sure, but not 100% anonymous. Video of the difference. https://www.youtube.com/watch?v=8RVGpHZUKpwAnyone else think it would be a good idea to get a question out about Dash at each of Andreas' talks?
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Lukas_Jackson
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November 11, 2015, 11:46:49 PM |
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drkklvr is just to stupid to understand a joke. Stupid troll
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It is easier to be an aggressive victim than to be a free man.
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Honest Tim
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November 12, 2015, 12:13:21 AM |
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drkklvr is just to stupid to understand a joke. Stupid troll Well, it just has a hand up it, what you expect?
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Fatov
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November 12, 2015, 12:55:05 AM |
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Dash price is strong
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Fatov was here▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬For private, fast and secure transactions DASH is King | Dashtalk
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TanteStefana2
Legendary
Offline
Activity: 1260
Merit: 1001
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November 12, 2015, 01:07:36 AM |
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Andreas Antonopoulos just gave a talk about protecting with bubbles vs growing an immune system. https://www.youtube.com/watch?v=810aKcfM__QAt 20:48 he says: "We are going to build bitcoin with encrypted anonymous private transactions." (It would have been awesome for someone in the audience to yell out "Like DASH!" right after he said that. LOL!)Hmmmm. How is that possible? That would require a 2nd layer tech to keep 100% anonymous - so then not really Bitcoin? Pseudonymous sure, but not 100% anonymous. Video of the difference. https://www.youtube.com/watch?v=8RVGpHZUKpwAnyone else think it would be a good idea to get a question out about Dash at each of Andreas' talks? I think Andreas' livelihood relies on Bitcoin supporters, if not MIT, etc... directly. It's the only reason I can see that he doesn't acknowledge Dash. In fact it's been well over a year since he acknowledged Darkcoin briefly. Everything Dash has done and is doing, is / was inspired by Andreas. We're big fans. We've been making his predictions come true, yet he acts as if we don't exist. Why? (not asking you trolls) I think it's because he would get hit hard in the pocket book if he said any more. He may already have gotten in trouble in the past. This is sad, because it means he can't be completely honest. But I can understand that.
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Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
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noah tall
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November 12, 2015, 01:16:22 AM |
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Do we know anybody that is going to this? Maybe AA will get asked a question...
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IOC_Lov3rs
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November 12, 2015, 01:19:24 AM |
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time to buy Dash
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eduffield (OP)
Legendary
Offline
Activity: 1176
Merit: 1036
Dash Developer
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November 12, 2015, 01:38:02 AM |
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Waaaait, fun! Does this mean I can send a regular TX, and instantly double-spend it using IX, forcing any miner who mines the regular TX to get their block orphaned?
(TX Won) If you release a normal TX, then IX a moment after. In this case, the IX transaction doesn't get any signatures, so it would never get approved. (IX Won) Alternatively, if you release them at exactly the same time and half of the network accepted the normal TX, when IX is confirmed the other daemons would undo the TX in the memory pool and apply the IX transaction.
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Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
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TanteStefana2
Legendary
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Activity: 1260
Merit: 1001
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November 12, 2015, 02:11:36 AM |
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Waaaait, fun! Does this mean I can send a regular TX, and instantly double-spend it using IX, forcing any miner who mines the regular TX to get their block orphaned?
(TX Won) If you release a normal TX, then IX a moment after. In this case, the IX transaction doesn't get any signatures, so it would never get approved. (IX Won) Alternatively, if you release them at exactly the same time and half of the network accepted the normal TX, when IX is confirmed the other daemons would undo the TX in the memory pool and apply the IX transaction. I get it. To game the system, you need a masternode, and if you have a masternode, you're getting paid enough to not want to undermine people's faith in the currency. Even if you want to game the system, you can't buy enough, it's just physically impossible, to win all the spaces in a quorum. The quorums are chosen based on the miner's hash number. So it doesn't matter if you want to buy up as many as you can in order to mess with the quorums, it only takes one masternode to disagree for the transaction to be rejected. Evan just announced yesterday that he thought of another factor to throw into the quorum chooser. The age of the Masternode. The first 1/4 of the earliest dates contribute 2 to the quorum, then the next 1/4, and the next, and finally the latest Masternodes, the last 1/4 to be set up. So if you haven't already set up a masternode in each of those periods of time, you'll have no chance of controlling a quorum (even so it was already virtually impossible already). And if you want to buy and "old" masternode, you'll have to trust the seller that they didn't keep the private key (which would be stupid)
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Another proud lifetime Dash Foundation member My TanteStefana account was hacked, Beware trading "You'll never reach your destination if you stop to throw stones at every dog that barks."Sir Winston Churchill BTC: 12pu5nMDPEyUGu3HTbnUB5zY5RG65EQE5d
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Solarminer
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November 12, 2015, 02:19:51 AM |
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Andreas Antonopoulos just gave a talk about protecting with bubbles vs growing an immune system. https://www.youtube.com/watch?v=810aKcfM__QAt 20:48 he says: "We are going to build bitcoin with encrypted anonymous private transactions." (It would have been awesome for someone in the audience to yell out "Like DASH!" right after he said that. LOL!)Hmmmm. How is that possible? That would require a 2nd layer tech to keep 100% anonymous - so then not really Bitcoin? Pseudonymous sure, but not 100% anonymous. Video of the difference. https://www.youtube.com/watch?v=8RVGpHZUKpwAnyone else think it would be a good idea to get a question out about Dash at each of Andreas' talks? I think Andreas' livelihood relies on Bitcoin supporters, if not MIT, etc... directly. It's the only reason I can see that he doesn't acknowledge Dash. In fact it's been well over a year since he acknowledged Darkcoin briefly. Everything Dash has done and is doing, is / was inspired by Andreas. We're big fans. We've been making his predictions come true, yet he acts as if we don't exist. Why? (not asking you trolls) I think it's because he would get hit hard in the pocket book if he said any more. He may already have gotten in trouble in the past. This is sad, because it means he can't be completely honest. But I can understand that. Good point. Follow the money and we will get our answer. Maybe another Joe Rogan 3hr podcast and he will crack and say Dash. It is bound to happen.
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eduffield (OP)
Legendary
Offline
Activity: 1176
Merit: 1036
Dash Developer
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November 12, 2015, 02:21:32 AM Last edit: November 12, 2015, 02:33:19 AM by eduffield |
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Waaaait, fun! Does this mean I can send a regular TX, and instantly double-spend it using IX, forcing any miner who mines the regular TX to get their block orphaned?
(TX Won) If you release a normal TX, then IX a moment after. In this case, the IX transaction doesn't get any signatures, so it would never get approved. (IX Won) Alternatively, if you release them at exactly the same time and half of the network accepted the normal TX, when IX is confirmed the other daemons would undo the TX in the memory pool and apply the IX transaction. I get it. To game the system, you need a masternode, and if you have a masternode, you're getting paid enough to not want to undermine people's faith in the currency. Not really. You must remember, the core problem in bitcoin is the fact that if there are two separate transactions on the network that are trying to use the same inputs, the network doesn't know which the miners will go with. If you controlled a quorum, you could only signal which transaction the network will take. You still can't attack anything, i.e. everyone on the network will also know which is valid within moments and the other transaction will be rejected by the entire network at once.
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Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
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bertlebbert
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November 12, 2015, 02:33:31 AM |
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Well the market certainly appears to be confident
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