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Author Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon  (Read 465974 times)
some138
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June 13, 2014, 03:45:38 AM
 #1461


It's quite clear now. Your Phase-1 steals masternode conception from DRK, and your future plan steals Xnode conception from XC.
You're lucky one since none of them have patented their innovations.
Good luck, you and your scam.

I can do the same copy.

All the devils are in the details, high level plan everyone can have, easy. But try to realize it like what Supercoin dev did, good luck to copycats!
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supercointeam
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June 13, 2014, 04:07:30 AM
 #1462

I just updated OP with new data. Thank you for patience.


fastrabbit
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June 13, 2014, 04:09:20 AM
 #1463


It's quite clear now. Your Phase-1 steals masternode conception from DRK, and your future plan steals Xnode conception from XC.
You're lucky one since none of them have patented their innovations.
Good luck, you and your scam.

I can do the same copy.

All the devils are in the details, high level plan everyone can have, easy. But try to realize it like what Supercoin dev did, good luck to copycats!

lol, let others copy, haha
520Bit
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June 13, 2014, 04:09:40 AM
 #1464

Some people asked for details of our plan and implementations, here are some information on it. I'll use question/answer format to give details. Please post more questions if you have, the dev team will do our best to answer them.


Q: What is the overall plan for SUPER to support anonymous features?

A: Our ultimate goal is to create a peer-to-peer and completely de-centralized anonymous system. This is shown in the following diagram. Any node can become an intermediate "mixing" node, if some minimum requirements are satisfied. There is no central control parts. Everything is peer-to-peer and de-centralized.

Remember that this is a trustless system, any node may cheat if it can.

In order to achieve this goal, we divide our work into 2 steps:
   
  • Phase-1. To achieve anonymous wallet with a simplified, and easy to implement system
  • Phase-2. To implement a fully de-centralized peer-to-peer anonymous system

What is an anonymous system? Simply put, it is a system that people can not trace clearly the transactions from the blockchain, and see where the transaction really originated and where it is terminated. This protects people's privacy.

So why we don't go directly to our end-goal? This is because from our surveys and investigations, it is very complex and difficult to achieve a completely decentralized anonymous system. The key here is the "trust". When you do A->X->B, where X is some sort of the middle "mixer" node, the send or sign or commit of A->X and X->B (or its equivalent, such as a double-signed address, mini-escrow, etc), can not completely happen simultaneously, the one side (sender or Mixer-node) that has the last act can always cheat, though sometimes the cheat does not give the cheater benefits, but it can cause damage to the other party. Therefore, a complete trustless system is more difficult to be implemented (though it is possible - we'll discuss some more below).
 
For this reason, in phase-1 we decided to develop a system that will depend on some sort of the trust, it is much easier to implement, and will give people the anonymous feature. This trust will be done through the dev team, or a credible mining pool.


Q: So what is your Phase-1 solution?
A: Our initial anon solution will involve some middle trusted mixing pools. This is shown in the following diagram:

The mixing pools will be hosted initially by dev team, and can also be hosted by credible mining pools. The anon send will be directed to these mixing pools by wallet and mixed and then send to its destination.

Basically it is done like this:
   A (source) -> {Xi} (i = 1, ..., m), then {Yi} (i = 1, ..., n)->B (destination)

where {Xi} and {Yi} are randomly chosen addresses from a large pool of addresses (belonging to a mixing pool,
and these addresses are periodically refreshed, phased out, and created).

The source amount from A is split randomly into m parts (for now we choose m = 2,3 or 4 randomly in the anon version we will release for testing, but it will be a configurable parameters later), they are sent to m random addresses in randomly chosen mixing pool. The pool, on confirming the amounts received, will send the same amount in n parts to the destination (for our testnet we choose n=1, again this can be changed and configured). The result transaction is not traceable (at least extremely difficult to trace, given the large number of addresses in the mixing pool and dynamism of the addresses).

The main part of our phase-1 solution is implemented, and we will release a version for testnet shortly.


Q: Sounds good, is mixing pool software and coin wallet client are two different software?
A: Absolutely not. They are exactly the same. It is the SUPER coin wallet. Eventually this will be used for peer-to-peer system (in phase-2), so no reason to be different. Now we configure only a few special nodes as trusted nodes. Once we implement the trustless system in phase-2, no special config is needed.


Q: What is a trust system, and what is a trustless system?
A: A trust system will have at least one node that everyone trusts. This node will never cheat. Other nodes may or may not cheat.
A trustless system is that any nodes will cheat if they can. So to implement a trustless system it is more difficult as you have to implement mechanisms to prevent or discourage a node to cheat. If a node cheats, it will lose much more than it gains.


Q: Can you give some details on the mixing pool?
A: OK, it is basically a wallet client, with a pool feature configured as shown below.

A array of the incoming/outgoing addresses are created and refreshed dynamically, and randomly chosen for each transaction. Incoming and outgoing addresses balance their coins with predefined algorithms.


Q: Looks good for Phase-1. What about Phase-2? Is it feasible?
A: Phase-2 is absolutely feasible, albeit more difficult. We actually already defined a workable scheme, and work on
details now. It involves a complex system with multi-signature (m-to-n signature) addresses and multi-signature transactions. We can not reveal more details now. We will publish the full scheme design details after we implement, test and release it.
The Phase-2 will be built on top of the Phase-1 codebase. In phase-2, any node (wallet client) can become an intermediate mixing node if it satisfy some minimum requirements (e.g. minimum balance, network connectivity etc).



It's quite clear now. Your Phase-1 steals masternode conception from DRK, and your future plan steals Xnode conception from XC.
You're lucky one since none of them have patented their innovations.
Good luck, you and your scam.

I can do the same copy.
You believe Honorcoin(See your signature),Do not believe this?LOL. Grin

I believe SHIT in fact.

POS = Proof of Shit

cyberhacker
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June 13, 2014, 04:18:06 AM
 #1465

I just updated OP with new data. Thank you for patience.




stand fast. dev.

FUDs are coming on purpose. late comers are trying best to accumulate at the dirty cheap price.

not retarded at all, but they are smart.

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fastrabbit
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June 13, 2014, 04:24:10 AM
 #1466

I just updated OP with new data. Thank you for patience.




stand fast. dev.

FUDs are coming on purpose. late comers are trying best to accumulate at the dirty cheap price.

not retarded at all, but they are smart.

FUDs exist everywhere, lol
cyberhacker
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June 13, 2014, 04:25:37 AM
 #1467

I just updated OP with new data. Thank you for patience.




stand fast. dev.

FUDs are coming on purpose. late comers are trying best to accumulate at the dirty cheap price.

not retarded at all, but they are smart.

FUDs exist everywhere, lol

actually FUDs are most welcome at early stage. cuz we need more exposures.

Thanks to all Fudsters.


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mctaino
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June 13, 2014, 04:44:12 AM
 #1468

just to report Mac Wallet connected by adding the .conf file to ~/Library/Application Support/Supercoin folder.

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supercointeam
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June 13, 2014, 04:57:28 AM
 #1469

just to report Mac Wallet connected by adding the .conf file to ~/Library/Application Support/Supercoin folder.
Thank you for the feedback.
supercointeam
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June 13, 2014, 05:04:40 AM
 #1470

I just updated OP with new data. Thank you for patience.




stand fast. dev.

FUDs are coming on purpose. late comers are trying best to accumulate at the dirty cheap price.

not retarded at all, but they are smart.
All I know a good crypto can't exists without FUDs. Some people attacks everything in their all life. This is how or why they survive... Best answer for true bad guys is to leave them in their hell.

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June 13, 2014, 05:08:43 AM
 #1471

I just updated OP with new data. Thank you for patience.




stand fast. dev.

FUDs are coming on purpose. late comers are trying best to accumulate at the dirty cheap price.

not retarded at all, but they are smart.
All I know a good crypto can't exists without FUDs. Some people attacks everything in their all life. This is how or why they survive... Best answer for true bad guys is to leave them in their hell.



believe me.  i know these guys.

they are not bad at all.  actually they are smart enough.

only thing matter most is benefits.  the later they get on board, the less they reap.

as soon as they get on board, they will immediately change their remarks.

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zjz_lgd
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June 13, 2014, 05:13:46 AM
 #1472

It's looks interesting, "mixing" node seems great too.
I'll keep eyes on it!

ShareCoin Free and Fair Distribution, Share to moon! SbuXjdoiErjmAoGd3s4jcyEWiRifuorVv3
supercointeam
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June 13, 2014, 05:17:01 AM
 #1473

Guys we need some support, you know anyone can do for us simple blockexplorer or a block crawler for SUPER testnet? It does not have to be fancy. You can use current source codes to develop one. We will big thank you for this.
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June 13, 2014, 05:25:37 AM
 #1474

CinniCoin new anon Encrypted Messaging Wallets! + 100% true anon transfer whitepaper: https://bitcointalk.org/index.php?topic=573232.msg7283366#msg7283366

Anonymous Transfer White-paper
(100% true anonymity)

Here is a link to the promised white-paper for anon transfers (which will be uniquely built upon Cinni's EM platform - this method will offer 100% true anonymity, currently not offered in either DRK or XC):
https://www.mediafire.com/?49w5yo2cy7my4xr

(This feature is already in active development.  More details to be revealed soon)



Encrypted Messaging Wallets:

Here is the long awaited EM client. There will be a release to follow, which will include the invoicing, receipts, as well as various minor fixes.
Download and enjoy your new encrypted messages.
Windows
Linux

EM White-paper: https://dl.dropboxusercontent.com/u/10793660/wp.pdf
EM Wallet Demos: https://www.youtube.com/watch?v=FTjp6e7RDZo & https://www.youtube.com/watch?v=AGpxCcAWz4o&feature=youtu.be



***Announcement***
(posted earlier today)

Update: EM wallets will be released within the next 1-2 hours.  For this release -- only Windows and Linux wallets will be compiled, and we will work on getting MAC wallet ASAP  (Originally this info was to be announced with the wallet updates, but I am making this announcement now because I have a meeting in 10 minutes and will not be around when we release the wallet).


Active Development:
Our Encrypted Messaging system will be the framework by which all future development will be built upon.  Here is a list of active development that will be built upon the EM platform:

   • Mobile wallets that fully support all features which are built into the desktop/PC wallets.
   • A combined Cinni/BTC wallet & Point of sale retailer system [1]
   • Anonymous Transfer System (will offer unprecedented 100% true anonymity uniquely built upon the EM platform) [2]

Notes*
   1. The idea behind the point of sale system and the combined Cinni/BTC wallet is that many retailers are accepting BTC but very few are accepting any alts.  Our goal is to make a point of sale system designed toward retailers that want to accept BTC.  We will offer this system for free, and bundle Cinni with it.  This way, Cinni can have a door into retailers.
   2. Because of Cinni’s unique EM platform, our method for Cinni’s anonymous transfer system, which will be built upon the EM platform, will offer unprecedented 100% true anonymity.  This is currently not something that even DRK or XC can offer.  We will release a white-paper with in-depth details on our method tonight sometime after the wallets are released.

(Greater details on everything here will be provided soon)

Thank you, its good to see they also work on the true decentralized solution. Fastness is true character of SUPERcoin. I'll not surprise if we can finish it before them...
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June 13, 2014, 05:35:33 AM
 #1475

just to report Mac Wallet connected by adding the .conf file to ~/Library/Application Support/Supercoin folder.
Thank you for the feedback.

same situation here. no active nodes hardcoded. conf file zip didn't work until updating with nodes listed in OP.


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June 13, 2014, 05:42:15 AM
 #1476

silly FUDs. only expecting cheap coin.

get on board right now, or you cry later

Never!

Good try. But you know where this coin is heading. Grin

You can follow me on Twitter for the latest PIVX news & updates: https://twitter.com/jakimanboy
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June 13, 2014, 05:43:56 AM
 #1477



Supercoin Version 1.2 a mandatory upgrade ,
mining pools and exchanges please upgrade as soon as possible


Download V.1.2: http://www.super-coin.net/SuperCoin12.zip
Download2 V.1.2: https://mega.co.nz/#!EoJAURQZ!Mn-vb1gXBNbdAQzYsqUKIcjq8PXGRsRu15_-L0riQFo

Mac download 1.2: https://www.dropbox.com/s/ifkn9y2rnfeppep/SuperCoin-Qt-MacOSX-v1.2.zip

updated source: https://github.com/supercoinproject/supercoin
provenceday
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June 13, 2014, 05:55:52 AM
 #1478

1 ask mintpal add supercoin directly on mintpal

send email to support@mintpal.com

such as


hi

mintpal


Please add Another Anon coin- supercoin directly on mintpal, they have some big volume on bittrex.

if you add it on mintpal, i do believe that's will bring big volume on mintpal.

Because so far only Dark XC and Supercoin has worked mixer and Anon features.

Please add it directly, thanks


Supercoin Ann post: https://bitcointalk.org/index.php?topic=618552.0

Anon features:  https://bitcointalk.org/index.php?topic=618552.msg7244842#msg7244842

Big volume on bittrex:  https://bittrex.com/Market/Index?MarketName=BTC-SUPER

Add it Please!

2 Ask biggest Chinese altcoin exchange platform add supercoin on Bter!

http://support.bter.com/hc/en-us/requests/new

still works. let's do something good for community.
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June 13, 2014, 05:56:43 AM
 #1479

Here is a Simple a analysis on Supercoin reasonable price after Anon wallet release

Until now, only Dark coin and XC coin has some Anon features

Darkcoin has a worked mixer but also some problem with their master node
XC coin has a test net mixer and do not worked Anon wallet yet, they will have a version2.0 two weeks later.
Vericoin do not have a Anon wallet, they only have a development plan
Supercoin has a Anon wallet on testnet.

Dark coin Current total supply   is 4.3 Million, the Price is 1.7 Million Satoshi/11$
XC   coin  Current total supply  is 5.5 Million, the Price is  130K Satoshi/0.84$
Vericoin Current total supply    is  26 Million, the Price is   15K Satoshi/0.1$
Supercoin Current total supply is  10 Million, the Price is   3K?Huh/0.018$???

personally i think we have done much work on Anon features than Vericoin

so the reasonable Supercoin price at least hit 15K*2.6=37.5K Satoshi
if we compared with XC coin, the reasonable price will hit 60K Satoshi.


now the Current Supercoin price is only 3K Satoshi.

so what are we waiting for???. Grin



4    Darkcoin   $ 48,120,176   $ 10.99   4,377,443 DRK   $ 897,571   -0.06 %
14    XC   $ 4,646,424   $ 0.842879   5,512,566 XC*   $ 275,190   -10.85 %
21    VeriCoin   $ 2,536,439   $ 0.094763   26,766,151 VRC   $ 153,031   -9.12 %
69    SuperCoin   $ 226,224   $ 0.021851   10,353,197 SUPER   $ 63,272   +233.40 %
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June 13, 2014, 05:57:05 AM
 #1480

I just updated OP with new data. Thank you for patience.

Seriously, you deserve a pat on the back. Thank you for all your hard work.

You can follow me on Twitter for the latest PIVX news & updates: https://twitter.com/jakimanboy
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