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Author Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted.  (Read 739043 times)
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June 13, 2014, 04:33:19 AM
 #9161

My hope is that people understand the significance of the 100% true anon transfer feature that we are actively developing on the EM platform just released today.  100% true anonymity is something speculated to NOT be developed until 2015 or later.  This is a BIG DEAL.

Disagree, zerocash ETA is in 3-6 months.

They keep postponing 3 months every time the deadline looms around. It was supposed to be released end of last year, then beginning of this year, now end of this year. Now they changed projects from ZeroCoin to ZeroCash.
And even if they do, who cares, Cinni will have theirs in a few weeks tops.

Who cares if Cinni will have it in a few weeks tops? The are already coins out there with real anonymity and working for months now...

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darylluke
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June 13, 2014, 04:35:15 AM
 #9162

WOW!!
The new wallet is working great! Looks good to!

I just finished reading the "white paper" about the anon transaction/messaging. Something stood out that really concerns me...
When someone wants to send a payment from their wallet, that transaction is then routed to the "Reserve Relay Node" which is a wallet holding 15k Cinni and then is split to 4 other addresses.
So... if you want to become a "Reserve Relay Node" you must keep 15k of Cinni in your wallet, in which you'll get paid transaction fee's as the incentive to do such, which will in turn make you more CINNI.
That's cool! I like the idea. But here is the rub as I see it...
If a lot of people want to try to become a "Node" to make more money, along with regular POS mining... there is only enough room for 1,000 wallets to do such. (15M total Cinni Supply divided by 15k = 1,000).
If this were to happen, then the available CINNI supply can not be distributed to other users!!! It'll all be "Froze Up" in these 1,000 wallets.
How will anyone be able to purchase goods... buy Cinni off the exchanges... etc etc.
20,000+ (or Millions) of potential future users that will want to use CINNI, because of it's success and ease of use... won't have a chance!!
Retailers won't adopt it either! Even with BTC integrated into the CINNI wallet.

I'm not trying to be pessimistic... I really like CINNI and have been all in since launch, but this needs to be re-thunked imo  Grin
Is 15k Cinni for "Nodes" a final dev set number? or is there flexibility in that number? Was this just a random number you used as an example?

Now, I also understand that 3.5% is minted annually and the supply will grow over the years...but short term, with what I'm bringing up, will suffocate near future adoption. Ecspecially when you have thousands of ppl racing to become a "Reserved Relay Node"
Available CINNI will be hard to come by, even if it can be broken down to 1 satoshi.

It's late, so I hope this makes sense and others can see the context I'm trying to get at.   Tongue







Simple solution to this is to limit total number of "Reserve Relay Nodes".
(...unless I'm missing something here)

I'd love to do something like this! "BE A NODE!!" Very Cool.

Yet, when I stated I was "self-employed", it means I was fired over 2 years ago with no job prospects on the horizon. Denied benefits all that time, to boot. So, how do I go from 3000 coins to 15,000 coins so I can be come a "NODE"Huh? (**Question posed to DEVS)~darylluke.
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June 13, 2014, 04:37:30 AM
 #9163

My hope is that people understand the significance of the 100% true anon transfer feature that we are actively developing on the EM platform just released today.  100% true anonymity is something speculated to NOT be developed until 2015 or later.  This is a BIG DEAL.

Disagree, zerocash ETA is in 3-6 months.

They keep postponing 3 months every time the deadline looms around. It was supposed to be released end of last year, then beginning of this year, now end of this year. Now they changed projects from ZeroCoin to ZeroCash.
And even if they do, who cares, Cinni will have theirs in a few weeks tops.

Who cares if Cinni will have it in a few weeks tops? The are already coins out there with real anonymity and working for months now...



This is not correct.  ALL anon coins in existence right now do NOT offer 100% truly anonymous solutions.  Evan from DRK and Dan of XC will and have admitted to this.  Cinni's proposed method built uniquely upon the EM platform will be 100% truly anonymous (see whitepaper).  And yes, our ETA is ~ a few weeks.
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June 13, 2014, 04:40:51 AM
 #9164

Both Monero and Cryptonote are not 100% anonymous -- transactions can still be traced (with some effort) in the blockchain.  Cinni's anon transfer does not operate on the blockchain, but outside of it.  Please read the whitepaper before you are making these statements -- everything is explained there in some detail.
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June 13, 2014, 04:41:34 AM
 #9165

WOW!!
The new wallet is working great! Looks good to!

I just finished reading the "white paper" about the anon transaction/messaging. Something stood out that really concerns me...
When someone wants to send a payment from their wallet, that transaction is then routed to the "Reserve Relay Node" which is a wallet holding 15k Cinni and then is split to 4 other addresses.
So... if you want to become a "Reserve Relay Node" you must keep 15k of Cinni in your wallet, in which you'll get paid transaction fee's as the incentive to do such, which will in turn make you more CINNI.
That's cool! I like the idea. But here is the rub as I see it...
If a lot of people want to try to become a "Node" to make more money, along with regular POS mining... there is only enough room for 1,000 wallets to do such. (15M total Cinni Supply divided by 15k = 1,000).
If this were to happen, then the available CINNI supply can not be distributed to other users!!! It'll all be "Froze Up" in these 1,000 wallets.
How will anyone be able to purchase goods... buy Cinni off the exchanges... etc etc.
20,000+ (or Millions) of potential future users that will want to use CINNI, because of it's success and ease of use... won't have a chance!!
Retailers won't adopt it either! Even with BTC integrated into the CINNI wallet.

I'm not trying to be pessimistic... I really like CINNI and have been all in since launch, but this needs to be re-thunked imo  Grin
Is 15k Cinni for "Nodes" a final dev set number? or is there flexibility in that number? Was this just a random number you used as an example?

Now, I also understand that 3.5% is minted annually and the supply will grow over the years...but short term, with what I'm bringing up, will suffocate near future adoption. Ecspecially when you have thousands of ppl racing to become a "Reserved Relay Node"
Available CINNI will be hard to come by, even if it can be broken down to 1 satoshi.

It's late, so I hope this makes sense and others can see the context I'm trying to get at.   Tongue







Simple solution to this is to limit total number of "Reserve Relay Nodes".
(...unless I'm missing something here)

I'd love to do something like this! "BE A NODE!!" Very Cool.

Yet, when I stated I was "self-employed", it means I was fired over 2 years ago with no job prospects on the horizon. Denied benefits all that time, to boot. So, how do I go from 3000 coins to 15,000 coins so I can be come a "NODE"Huh? (**Question posed to DEVS)~darylluke.


Well at today's prices, you'll only need $1970 USD to purchase 15k CINNI.
Everyone has there own personal lives and situations...but in the whole scheme of things, $2k isn't a whole lot to become a "Node" and is very obtainable by old school cypto dogs. LOL
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June 13, 2014, 04:44:49 AM
 #9166

Can somebody review the whitepaper on Anon?

_@/'
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June 13, 2014, 04:52:55 AM
 #9167

CINNI is a great coin for sure

but

MrWhale


Please do not copy and paste a lot of info in other thread.  you are spamming, doing harm more than good.

you defame CINNI actually.

Thanks.  go da moon CINNI
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June 13, 2014, 04:55:33 AM
Last edit: June 13, 2014, 05:06:27 AM by darylluke
 #9168

NICE Tweet @CinniTeam !!

 Shocked

Just printed a NEW HIGH(intermediate) at .00021850btc  Roll Eyes

EDIT: Shorts are losing steam fast now, and Volume has been rising steady and getting stronger since release.
Confirmed.  Kiss
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June 13, 2014, 05:11:34 AM
 #9169

I was thinking, for spreading the word via Twitter and other social media, there are people on fiverr.com who will do this.

http://www.fiverr.com/want2b/post-your-links-3-times-facebooktwitter-160000?context=best_match&context_type=auto

"I will tweet your link to 250,000 two times with proof for $5"

Could somebody with more knowledge on these features than me assemble a message to post to them with all the facts and future projects and then there are people on fiverr.com who will promote the hell out of it. Could be an idea. There are a lot of people on fiverr.com who can do similar.
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June 13, 2014, 05:13:42 AM
 #9170

Both Monero and Cryptonote are not 100% anonymous -- transactions can still be traced (with some effort) in the blockchain.

"Effort" will not allow you to trace past ring signatures and stealth addresses. The crypto simply doesn't allow it.

I believe this claim is false, unless you can back it up, you are ignorant or lying.

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June 13, 2014, 05:15:29 AM
 #9171

 Shocked LOL, 2 monero whales are here, welcome to buy Cinni Cheesy
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June 13, 2014, 05:19:23 AM
 #9172

I was thinking, for spreading the word via Twitter and other social media, there are people on fiverr.com who will do this.

http://www.fiverr.com/want2b/post-your-links-3-times-facebooktwitter-160000?context=best_match&context_type=auto

"I will tweet your link to 250,000 two times with proof for $5"

Could somebody with more knowledge on these features than me assemble a message to post to them with all the facts and future projects and then there are people on fiverr.com who will promote the hell out of it. Could be an idea. There are a lot of people on fiverr.com who can do similar.

Those are bots, and not REAL people. It is to scam people into believing....

Now, there are services which are legit. And, because they are real, are more pricey, and more realistically priced.

Fiverr has other options which are cheap, yes, yet hold some promise if WE THE PEOPLE HERE retweet what those innovative people create for us to retweet!! That IS viable, yet ONLY if we retweet collectively. But, I am really not seeing any response for that to work. Not much interest here to actually "put the arm to the oar"....

~darylluke.
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June 13, 2014, 05:32:06 AM
 #9173

I was thinking, for spreading the word via Twitter and other social media, there are people on fiverr.com who will do this.

http://www.fiverr.com/want2b/post-your-links-3-times-facebooktwitter-160000?context=best_match&context_type=auto

"I will tweet your link to 250,000 two times with proof for $5"

Could somebody with more knowledge on these features than me assemble a message to post to them with all the facts and future projects and then there are people on fiverr.com who will promote the hell out of it. Could be an idea. There are a lot of people on fiverr.com who can do similar.

Those are bots, and not REAL people. It is to scam people into believing....

Now, there are services which are legit. And, because they are real, are more pricey, and more realistically priced.

Fiverr has other options which are cheap, yes, yet hold some promise if WE THE PEOPLE HERE retweet what those innovative people create for us to retweet!! That IS viable, yet ONLY if we retweet collectively. But, I am really not seeing any response for that to work. Not much interest here to actually "put the arm to the oar"....

~darylluke.


Ah ok, I'm noobtacular so I was just suggesting it
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June 13, 2014, 05:34:42 AM
 #9174

My hope is that people understand the significance of the 100% true anon transfer feature that we are actively developing on the EM platform just released today.  100% true anonymity is something speculated to NOT be developed until 2015 or later.  This is a BIG DEAL.

Disagree, zerocash ETA is in 3-6 months.

Yeah this is a pretty funny post. No one ever said 2015 on anything ever.

I'd like to thank eduffield and the other developers for this critically important evolution in virtual currency. DarkCoin is what bitcoin should have been. Some might call it "Bitcoin 2.0" but would do better by saying: "DarkCoin is digital cash." - Child Harold - February 28, 2014
https://bitcointalk.org/index.php?topic=421615.msg5424980#msg5424980
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June 13, 2014, 05:36:59 AM
 #9175

My hope is that people understand the significance of the 100% true anon transfer feature that we are actively developing on the EM platform just released today.  100% true anonymity is something speculated to NOT be developed until 2015 or later.  This is a BIG DEAL.

Disagree, zerocash ETA is in 3-6 months.

Yeah this is a pretty funny post. No one ever said 2015 on anything ever.

Evan of DRK recently said that, and I count him a pretty sound voice on anon tech.  Also, Cinni's ETA is less than 1 month until release of it's anon transfers (as I stated earlier).
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June 13, 2014, 05:37:15 AM
 #9176

My hope is that people understand the significance of the 100% true anon transfer feature that we are actively developing on the EM platform just released today.  100% true anonymity is something speculated to NOT be developed until 2015 or later.  This is a BIG DEAL.

Disagree, zerocash ETA is in 3-6 months.

Yeah this is a pretty funny post. No one ever said 2015 on anything ever.

6 months from now is 2015.
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June 13, 2014, 05:38:18 AM
 #9177

My hope is that people understand the significance of the 100% true anon transfer feature that we are actively developing on the EM platform just released today.  100% true anonymity is something speculated to NOT be developed until 2015 or later.  This is a BIG DEAL.

Disagree, zerocash ETA is in 3-6 months.

Yeah this is a pretty funny post. No one ever said 2015 on anything ever.

6 months from now is 2015.


Yes and zero cash has stated release this year. So don't know where people are pulling that 2015 from.

I'd like to thank eduffield and the other developers for this critically important evolution in virtual currency. DarkCoin is what bitcoin should have been. Some might call it "Bitcoin 2.0" but would do better by saying: "DarkCoin is digital cash." - Child Harold - February 28, 2014
https://bitcointalk.org/index.php?topic=421615.msg5424980#msg5424980
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June 13, 2014, 05:42:55 AM
 #9178

I was thinking, for spreading the word via Twitter and other social media, there are people on fiverr.com who will do this.

http://www.fiverr.com/want2b/post-your-links-3-times-facebooktwitter-160000?context=best_match&context_type=auto

"I will tweet your link to 250,000 two times with proof for $5"

Could somebody with more knowledge on these features than me assemble a message to post to them with all the facts and future projects and then there are people on fiverr.com who will promote the hell out of it. Could be an idea. There are a lot of people on fiverr.com who can do similar.

Those are bots, and not REAL people. It is to scam people into believing....

Now, there are services which are legit. And, because they are real, are more pricey, and more realistically priced.

Fiverr has other options which are cheap, yes, yet hold some promise if WE THE PEOPLE HERE retweet what those innovative people create for us to retweet!! That IS viable, yet ONLY if we retweet collectively. But, I am really not seeing any response for that to work. Not much interest here to actually "put the arm to the oar"....

~darylluke.


Ah ok, I'm noobtacular so I was just suggesting it

PLEASE. Do not take it the wrong way. I did not shoot down your idea. I have no right to do that, and would not. I was trying to point out it was a good idea. That at fiverr there are some creative geniuses there, and first, we must get some people committing to do retweets. Then, we spend some money on some fiverr's they create for us. THIS is exactly what they did at DOGE/reddit in the early days. We can get like 5 different short youtubes, for instance. That's 25 bux. Then we promote them here, so we THE COMMUNITY Retweet those Youtubes. That is just ONE idea. I have not been to Fiverr for months. I could probably find at least 5 more concept ideas from there to integrate with what we're doing here. See? But, again.What is the point if folks aren't gonna commit to 10min/day to RT? ~darylluke.
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June 13, 2014, 05:54:35 AM
 #9179

Kinda dissapointing price? Is it because of BTC small fall ?
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June 13, 2014, 06:04:32 AM
 #9180

Kinda dissapointing price? Is it because of BTC small fall ?

Well the announcement of the anon whitepaper came late at night for America so that might be a factor, give it a good 24 hrs for the news to sink in.
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