[ANN] Dreamcoin [DRM] - X11 - PoW/PoS - Poloniex - Bittrex ~ 15% PoS!

[coine_smithe]

http://blog.cryptographyengineering.com/2013/04/zerocoin-making-bitcoin-anonymous.html

From the link:
"In this post I'm going to describe a new piece of research out of my lab at Johns Hopkins that provides one potential solution to this problem. This is joint work led by my hardworking students Ian Miers and Christina Garman, along with my colleague Avi Rubin. Our proposal is called Zerocoin, and we'll be presenting it at this year's IEEE S&P."

I thought this was possible too until I really understood Zerocoin from reading this article. Ian Miers did this Zerocoin research as part of his master's work at Johns Hopkins University, as you can see from the quote.

Now ask yourself, why would they be implementing Zerocash in a different fashion that is less desirable than the original Zerocoin design if they were able to complete Zerocoin? The answer is they couldn't. The design is unfeasible and they are going in a new direction with Zerocash with a slightly different design.

Do you really think that an anonymous dev for hire from China is going to do what researchers at Johns Hopkins University couldn't? Johns Hopkins in case you aren't aware:
"The National Science Foundation (NSF) has ranked Johns Hopkins #1 among U.S. academic institutions in total science, medical and engineering research and development spending for 31 consecutive years." - from Wikipedia.

If you guys look through my history you will see that at one point I was an ardent defender of this coin. All I'm trying to do is help you guys stop wasting time on this coin like I did.

isn't zerocash a coin? and apparently the ANN team are still going to be implementing zerocoin, so...idk

https://bitcointalk.org/index.php?topic=423348.0

Zerocash sounds pretty different than Zerocoin, but it also seems there are some criticisms in this thread. Why would guys who could make Zerocoin make a coin that is not as good as Zerocoin? The answer must be that their mathematical design had flaws and was not feasible. Perhaps it has to do with the destruction of p,q,n factors or whatever. I wish I had listened to that post early on warning about the problems of implementing Zerocoin. It will take a team of geniuses to implement Zerocoin if it ever happens.

[dadon]

well i herd the only reason they walked away from it was because they were not going to make any money from it, so they are now starting zerocash the currency to make money for there hrd work, instead of just releasing zerocoin for free..but idk...maybe this Chinese coder can do it, they are pretty smart..

[wankoran]

well i herd the only reason they walked away from it was because they were not going to make any money from it, so they are now starting zerocash the currency to make money for there hrd work, instead of just releasing zerocoin for free..but idk...maybe this Chinese coder can do it, they are pretty smart..

chinese coder

[lexusivan888]

well i herd the only reason they walked away from it was because they were not going to make any money from it, so they are now starting zerocash the currency to make money for there hrd work, instead of just releasing zerocoin for free..but idk...maybe this Chinese coder can do it, they are pretty smart..

chinese coder

well, it's chinese coder, NOT chinese govmt... OK.......
no pride and prejudice...OKAY...

[CryptoFury]

Oh god - I have been here with oDesk before.... Hes prolly paying that guy $3.50 an hour to pretend to know some coding - seriously its difficult to find anyone worth working with on that site - the price competition makes everyone stark raving MAD and leads to everyone account saying they can do anything, and for only $1.00/Hour!!!! (youll actually find people there willing to "Work" for less than one usd / hour... What kind of results do we expect?  Do we know how much he is paying this gentleman?  Do we know his real skillset and not just what he listed at the top of that screenshot?

[dadon]

ughhh the china has some of the smartest people in the world i think you will find they are much higher rated then evan america when it comes to education

http://www.theguardian.com/news/datablog/2013/dec/03/pisa-results-country-best-reading-maths-science look at this china is first in reading, math, and science world wide, so whats the problem, racist are you?

[coine_smithe]

ughhh the china has some of the smartest people in the world i think you will find they are much higher rated then evan america when it comes to education

http://www.theguardian.com/news/datablog/2013/dec/03/pisa-results-country-best-reading-maths-science look at this china is first in reading, math, and science world wide, so whats the problem, racist are you?

I'm gonna say it again. Johns Hopkins University Graduate students researched to make Zerocoin. It is some of the most complicated, advanced, cutting edge cryptography in existence.

[dadon]

Oh god - I have been here with oDesk before.... Hes prolly paying that guy $3.50 an hour to pretend to know some coding - seriously its difficult to find anyone worth working with on that site - the price competition makes everyone stark raving MAD and leads to everyone account saying they can do anything, and for only $1.00/Hour!!!! (youll actually find people there willing to "Work" for less than one usd / hour... What kind of results do we expect?  Do we know how much he is paying this gentleman?  Do we know his real skillset and not just what he listed at the top of that screenshot?

on the 24th the white paper is supposedly being released, so we will find out then, won't we...

[coine_smithe]

Oh god - I have been here with oDesk before.... Hes prolly paying that guy $3.50 an hour to pretend to know some coding - seriously its difficult to find anyone worth working with on that site - the price competition makes everyone stark raving MAD and leads to everyone account saying they can do anything, and for only $1.00/Hour!!!! (youll actually find people there willing to "Work" for less than one usd / hour... What kind of results do we expect?  Do we know how much he is paying this gentleman?  Do we know his real skillset and not just what he listed at the top of that screenshot?

on the 24th the white paper is supposedly being released, so we will find out then, won't we...

I'll check in just to put this story to a close for myself.

[dadon]

ughhh the china has some of the smartest people in the world i think you will find they are much higher rated then evan america when it comes to education

http://www.theguardian.com/news/datablog/2013/dec/03/pisa-results-country-best-reading-maths-science look at this china is first in reading, math, and science world wide, so whats the problem, racist are you?

I'm gonna say it again. Johns Hopkins University Graduate students researched to make Zerocoin. It is some of the most complicated, advanced, cutting edge cryptography in existence.

yes and they walked away from it because they were not going to get paid, but left it 60% done so we just need to Finish it, and i have confidence we will, lets just wait till the 24th, one of us will get to say, i told you so

[coine_smithe]

ughhh the china has some of the smartest people in the world i think you will find they are much higher rated then evan america when it comes to education

http://www.theguardian.com/news/datablog/2013/dec/03/pisa-results-country-best-reading-maths-science look at this china is first in reading, math, and science world wide, so whats the problem, racist are you?

I'm gonna say it again. Johns Hopkins University Graduate students researched to make Zerocoin. It is some of the most complicated, advanced, cutting edge cryptography in existence.

yes and they walked away from it because they were not going to get paid, but left it 60% done so we just need to Finish it, and i have confidence we will, lets just wait till the 24th, one of us will get to say, i told you so

Fair enough. 

[dadon]

Anoncoin are still saying they are going to implement zero, why is everyone saying that we can't do it, but they can?

[coine_smithe]

Anoncoin are still saying they are going to implement zero, why is everyone saying that we can't do it, but they can?

I checked into that too. Looks like they haven't really updated on that in a while. I bet they can't either.

[Auna]

This seems so get classical... Dev doesn't post for days, except on FB, saying how rich he got... Then comes back to say that was a test lol. A good dev would never do that.

[dadon]

he was joking, he said im joking, just been really busy and he didn't post for 2 days big deal...

[dadon]

he was joking, he said im joking, just been really busy and he didn't post for 2 days big deal...

but thanks to everyone freaking out we are now down 71% on polo so bravo, great work

[johnny_non]

Zerocoin appears to be something of an arms race https://sigterm.no/blog/6/
I'm getting the impression the reason zerocoin devs went zero cash was to break away from school colleagues but i could be wrong

[coine_smithe]

Zerocoin appears to be something of an arms race https://sigterm.no/blog/6/
I'm getting the impression the reason zerocoin devs went zero cash was to break away from school colleagues but i could be wrong

Finally you're seeing. You said it yourself, "arms race". Is anonymous Chinese dev gonna win the "arms race"? 

[jdwlupine]

ughhh the china has some of the smartest people in the world i think you will find they are much higher rated then evan america when it comes to education

http://www.theguardian.com/news/datablog/2013/dec/03/pisa-results-country-best-reading-maths-science look at this china is first in reading, math, and science world wide, so whats the problem, racist are you?

I'm gonna say it again. Johns Hopkins University Graduate students researched to make Zerocoin. It is some of the most complicated, advanced, cutting edge cryptography in existence.

yes and they walked away from it because they were not going to get paid, but left it 60% done so we just need to Finish it, and i have confidence we will, lets just wait till the 24th, one of us will get to say, i told you so

Even without zerocoin the price should go a lot higher, scarcity should be like uno, dmd .so I have no worries about the deadline. We should support the devs. I would prefer it to be implemented much later knowing (months) the code would fully work and not rushed. The last thing we need is the stupidity which happened in the last 24 hours to repeat on the 24th.

[Acidyo]

well i herd the only reason they walked away from it was because they were not going to make any money from it, so they are now starting zerocash the currency to make money for there hrd work, instead of just releasing zerocoin for free..but idk...maybe this Chinese coder can do it, they are pretty smart..

chinese coder

well, it's chinese coder, NOT chinese govmt... OK.......
no pride and prejudice...OKAY...

This sounded like someone from South Park replying.