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Author Topic: [ANN][CRYPT] CryptCoin x11 + PoS | P2P Anonymity | 0% Premine | Commander  (Read 506046 times)
DeViL303
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July 25, 2014, 02:30:58 PM
 #5121

I see the screenshots and I don't see anything wrong with it. So what if he is part of a "pump and dump" group? What is the problem? Aren't we all pump and dumpers? Smiley

It is obvious to me that some people here have personal issues with Prom&Co and they are doing their best to bring Crypt down. I think it's pretty pathetic. Even the fact that you save some messages or screenshots in your btc-e inbox for future reference, i mean, come on dude. Get a life. I am the biggest pump and dumper. You might wanna take a screenshot here too Cool


I don't save them, btce saves them for me, the only reason I ever took the screenshot is because pr0m denied ever saying any of it, and you are right, what was the problem? I don't know why he lied in the first place.
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pr0m3theus2013
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July 25, 2014, 02:35:52 PM
 #5122

If anyone finds mindfox, please tell him that i would like to speak with him.
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July 25, 2014, 02:36:10 PM
 #5123

In the meantime, CRYPT is rising again. I wish I could afford more at the moment. What a bargain this has been for so long now.

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DeViL303
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July 25, 2014, 02:36:47 PM
 #5124

Ahh yes, when i started forming this group, a few guys told me that i should go the PND group thing to gain interested. When i realized the implications of that route I quickly abandoned that model and went for a trading group with talented Devs, chart fegs, graphics guys, and web developers instead. That pm was in response to a conversation we had openly on btc-e where you were incessantly accusing me of being a PnD crew. Which i admit i did initially say. I even gave you an apology man. I still stand by that apology, despite your constant attacks on me.

Yes, I was rude when speaking about koolio but we have talked about it and were good. I wish i were more honest with you at the time man, but i was under so much of an attack, i wasn't ready to deal with one from koolio, and you were already attacking me anyway. Please accept my apology and move on man. Do you have any interest in CRYPT what so ever? If so, please allow me to work without the constant attacks.



Ok, fair enough, that was a straight up answer, and ill give you one too, when you said I had done a crop job, on something which I 100% knew to be true, is it any surprise that im not gonna trust you. Moosa has done exactly the same thing lots of times too, it really doesn't do you guys reputation any good. all the bitching about people behind there back etc. So tbh im not surprised your group is getting so much shit, anyway maybe this will be the start of you guys cleaning up your act.. hopefully.

Yes I am kind of interested in the anon tech that crypt will hopefully offer, but I suspect that "hard to trace" isn't good enough, as if crypt was to take off and get used on black markets etc then LE will put in the effort required if its only "hard to trace" , what wil that even mean, with enough hashpower it will be possible to trace? with enough manpower it will be possible to trace?  

I think people want a better than "hard to trace" system, people want 100% anon, not 97% anon, if I want 97% anon I can use local bitcoins and a tumbler and proxy etc. that's my honest opinion,  when this coin was launched it touting "True Anon" etc, then after 100 pages it changed to "hard to trace" , whats next "awkward to trace" ? , "a real pain in the ass to trace" ? Smiley 
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July 25, 2014, 02:48:07 PM
 #5125

From what i gather, what makes it nearly impossible to trace is that the only way to tell a transaction came from 1 wallet to another is by looking at the amount of coin sent and looking in to the block and trying to find a wallet with that exact amount received in it. however, this is countered because the coins are split multiple times, mixed, and fresh coins are used from a mixer node to the receiving wallet. As the tech is used and transactions are being made, there really is no way of telling who sent it to anyone without simply guessing. There will be no direct link from wallet to wallet. Mindfox has yet to deliver this system, but we have such a system in place on KEY currently.
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July 25, 2014, 02:48:20 PM
 #5126

The only reason Mindfox called it "hard2trace" is because he didn't believe that true ANON is possible. Ever. So he just mentioned it as "hard to trace" where he was going to make sure that this is close to true anon as possible in his mind. Any other dev would have just called it "True Anon" or "Best Anon Out There" but Mindfox is a man of principles. I agree with him btw. True ANON is never ever possible even if you might think it is.

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DeViL303
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July 25, 2014, 02:52:27 PM
 #5127

From what i gather, what makes it nearly impossible to trace is that the only way to tell a transaction came from 1 wallet to another is by looking at the amount of coin sent and looking in to the block and trying to find a wallet with that exact amount received in it. however, this is countered because the coins are split multiple times, mixed, and fresh coins are used from a mixer node to the receiving wallet. As the tech is used and transactions are being made, there really is no way of telling who sent it to anyone without simply guessing. There will be no direct link from wallet to wallet. Mindfox has yet to deliver this system, but we have such a system in place on KEY currently.

Ok, so in your mind key is already 99.9% secure? so whats crypt bringing to the market then?


If the only way to trace the transactions is by following the amounts,  has your team thought of implementing a random transaction fee setup, so the fee is always different, I know thats how some tumblers like bitfog get around that problem of tracking in and out amounts.  
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July 25, 2014, 02:55:09 PM
 #5128

Regardless of random fee, the same can be done by looking at the transactions and simply guessing. However, a lot is done to eliminate the ability to guess because the coins are as i said split multiple times and re transacted all over the place inside the mixer nodes. it is pretty much 99.9% and as the tech is used it only improves as usage increases. If i can gain some kind of traction from mindfox I will see if the same system can be modified and implemented here. It's really up to mindfox and community funding.

I would say if the goal is to throw off law enforcement, they will always catch up to you somehow. If it was to hide another business from seeing your transactions, or to buy a bit of porn or something and not have your wife find out.. im sure there are many other uses. Then there is no one in hell they will catch it.

From what i gather, what makes it nearly impossible to trace is that the only way to tell a transaction came from 1 wallet to another is by looking at the amount of coin sent and looking in to the block and trying to find a wallet with that exact amount received in it. however, this is countered because the coins are split multiple times, mixed, and fresh coins are used from a mixer node to the receiving wallet. As the tech is used and transactions are being made, there really is no way of telling who sent it to anyone without simply guessing. There will be no direct link from wallet to wallet. Mindfox has yet to deliver this system, but we have such a system in place on KEY currently.

Ok, so in your mind key is already 99.9% secure? so what crypt bring to the market then?


If the only way to trace the transactions is by following the amounts,  has your team thought of implementing a random transaction fee setup, so the fee is always different, I know that how some tumblers like bitfog get around that problem of tracking in and out amounts.  
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July 25, 2014, 03:03:11 PM
 #5129

I WWil likely however assist mindfox if allowed with his anon. I prefer to leave our innovation in key.
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July 25, 2014, 03:04:42 PM
 #5130

Hey Pr0m,

So technically Key and Crypt has the same idea with ANON but the difference between them is Crypt will not be using master-nodes correct? It will be interesting to have both coins competing on the same level. Just hope crypt and Mindfox can get the developments finished and see these two coins fight in the market. Should be exciting!

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July 25, 2014, 03:05:38 PM
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So what is this hard to trace System based on? If key coin is almost secure so what crypt can offer?
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July 25, 2014, 03:08:52 PM
 #5132

Regardless of random fee, the same can be done by looking at the transactions and simply guessing. However, a lot is done to eliminate the ability to guess because the coins are as i said split multiple times and re transacted all over the place inside the mixer nodes. it is pretty much 99.9% and as the tech is used it only improves as usage increases. If i can gain some kind of traction from mindfox I will see if the same system can be modified and implemented here. It's really up to mindfox and community funding.

I would say if the goal is to throw off law enforcement, they will always catch up to you somehow. If it was to hide another business from seeing your transactions, or to buy a bit of porn or something and not have your wife find out.. im sure there are many other uses. Then there is no one in hell they will catch it.

From what i gather, what makes it nearly impossible to trace is that the only way to tell a transaction came from 1 wallet to another is by looking at the amount of coin sent and looking in to the block and trying to find a wallet with that exact amount received in it. however, this is countered because the coins are split multiple times, mixed, and fresh coins are used from a mixer node to the receiving wallet. As the tech is used and transactions are being made, there really is no way of telling who sent it to anyone without simply guessing. There will be no direct link from wallet to wallet. Mindfox has yet to deliver this system, but we have such a system in place on KEY currently.

Ok, so in your mind key is already 99.9% secure? so what crypt bring to the market then?


If the only way to trace the transactions is by following the amounts,  has your team thought of implementing a random transaction fee setup, so the fee is always different, I know that how some tumblers like bitfog get around that problem of tracking in and out amounts.  

Ok, well I don't think many people are looking for "true anon" just to buy a bit of porn and hide it from the wife, but suppose it depends on the wife! I think a proxy and bitcoin tumbler/tor would be enough to hide the transaction from 99.9% of wives! Smiley

I think the only thing that would make one of these "anon" coins really take off would be if it was so secure that LE and Tax officers wouldn't be able to trace it, if this is only secure enough to stop the wife from finding out about porn buys, or a rival business from seeing your balance then its nothing special imo.

I would like to hear more suggestions of reasons for a person to want a hard to trace system if there are any?

because to me if this anon technology doesn't allow illegal activity then it really isn't very untraceable. Its only untraceable if LE don't get involved seems to be the pitch.

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July 25, 2014, 03:22:52 PM
 #5133

Regardless of what an individual uses it for it is extremely secure and the only way to track would be guess work.
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July 25, 2014, 03:23:25 PM
 #5134

Huge buys on Cryptsy. Somebody just bought 41544.14283510 Crypt. Good deal.

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DeViL303
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July 25, 2014, 03:32:13 PM
 #5135

Regardless of what an individual uses it for it is extremely secure and the only way to track would be guess work.

well either the code is secure or its not, if it is then I should be able to avoid tax and buy drugs with that coin, it cant be "untraceable unless LE get involved" , that isn't an option, if LE can trace it, then some hacker somewhere will be able to do it to. So its either anon or its not anon, there is no "semi anon", it defies the definition of the word, its like saying "semi full" = not really full.     
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July 25, 2014, 03:36:26 PM
 #5136

Like I said previously. It would be total guess work to find the sending and receiving addresses and it would require that the coin have close to 0 transactions at the time the transfer was made.
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July 25, 2014, 03:40:40 PM
 #5137

Like I said previously. It would be total guess work to find the sending and receiving addresses and it would require that the coin have close to 0 transactions at the time the transfer was made.

Ok, fair enough, if it is literally "total guess work" then it IS 100% anon, because LE can not use "total guesswork" to obtain a warrant or lock someone up for tax evasion (just examples) , and nor can anyone else.


If it only works properly when lots of people are using it at the same time then its really no better of a solution than a coin tumbler with random fee and tor imo.

its the same as : how can someone trace my bitcoins when ive deposited some of my bitcoins and withdrawn a different amount of someone elses coins back out of a tumbler? total guesswork?

There is often a weak point in these mixing systems, and that is that somewhere in the world there must be a computer/s doing the mixing, and how can we trust that computer is not being monitored somehow.
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July 25, 2014, 03:53:13 PM
 #5138

Regardless of what an individual uses it for it is extremely secure and the only way to track would be guess work.

well either the code is secure or its not, if it is then I should be able to avoid tax and buy drugs with that coin, it cant be "untraceable unless LE get involved" , that isn't an option, if LE can trace it, then some hacker somewhere will be able to do it to. So its either anon or its not anon, there is no "semi anon", it defies the definition of the word, its like saying "semi full" = not really full.    

You can make 100% true anon coin (if you can) but in the end when converting coins to fiat you're not anon after all. you can use localbitcoins to avoid banks,irs,tax .. but what about businesses ?

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July 25, 2014, 03:57:38 PM
 #5139

There is often a weak point in these mixing systems, and that is that somewhere in the world there must be a computer/s doing the mixing, and how can we trust that computer is not being monitored somehow.

The biggest challenge is *how compromised* you can accept the system to be before enough information leaks. E.g. if it takes leaning on thousands of nodes spread around the world to get sufficient control to compromise anonymity then that's not 100% secure, but it will be secure enough that an sufficiently powerful adversary is more likely to resort to "rubber hose" attacks (that is: strap you to a chair, and beat you with a hose until you give them the info they want) than trying to take control of the system.

I'm not sure if we can even theoretically get 100% anonymity , but we don't have 100% secure crypto overall either - we have just decided on tradeoffs (key lengths that means it will take all the computing power on the planet "forever" with current technology to brute force it).

Even for security against law enforcement, it "just" need to be too expensive and difficult to be feasible. The only truly tricky adversary is the NSA, and not too many people give a shit whether or not the NSA is monitoring their stuff apparently.

Ultimately I think a lot of this is down to appearance. TOR is a favourite with people with shady intent, yet there are numerous well known attacks (involving controlling enough nodes, typically), or simply leaning on node operators to cooperate with "requests". It's popular because people trust that it will be mostly safe, and certainly better than the alternative, and because it has good PR (from a "protect yourself against law enforcement" viewpoint).
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July 25, 2014, 04:01:54 PM
 #5140

That's why anon without mix node (middle man) is the way to go.. hopefully mindfox's 'hard-to-trade' will be the first to achieve that.

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