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Author Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon  (Read 473346 times)
smackii
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July 13, 2014, 06:46:20 PM
 #7501

Yay? Going back to 10k?  Shocked

My feelings today are so perfect!  Grin
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July 13, 2014, 06:47:32 PM
 #7502

Hello, I want to give an update on our progress of phase-2 anonymous wallet. This work is a joint effort between
SuperCoin and MammothCoin dev teams.

Phase-2 of the anonymous wallet is to provide a trustless system, and a truely de-centralized p2p coinjoin system. Again the characteristics of the trustless system are:
-   Each party will do the best they can by gaining (e.g. coins).
-   Whenever possible, they will cheat to gain advantages.
-   They will not sacrifice their own benefits to do damages (e.g. cheat).
-   They will do damages even they don’t gain anything (make others lose, but they themselves will not lose, they may not gain either).

In phase-2, the sender of the coin will pick randomly any qualified peers as mixer and guarantor, to send the coins anonymously. This is a truely de-centralized p2p coinjoin system, which has no central authority at all in whatever format. Any qualified peers (eg holding enough coins in his wallet) can become the middle points of the transfer (of course if he wants, he can turn off the "service" from the config file).

This system is much more complex than the phase-1 mixer solution we already completed. It involves intensive usage of multisig addresses and transactions, with mini-escrows established so to constrian various parties involved and guarantee the smooth transfers of the fund.

I am glad to report that we've made significant progress on the phase-2 work.

First, we have defined a complex scheme that coordinate the anonymous send, and it guarantees that all different parties involved will behave correctly, because otherwise they will lose their own coins (mini-escrows in effect).

Second, we have fixed some significant bugs in the code that prevent some multisig features from working correctly. As some of you probably know, the Bitcoin codebase created the multisig system and it has some intensive testing there and many bugs fixed. Bitcoin uses protocol version of 700xx. All the PoW/PoS codebase, however, follows the NovaCoin codebase, which is currently at protocol codebase 60015. The multisig system is unfortunately not working in the 600xx codebase. And porting the whole 700xx to PoW/PoS is a siginicant of change, involves many complete code rewrites. We have successfully fixed the multisig address and transaction system in codebase 600xx without porting the whole new code over. This way it guaratees the smooth development/enhancement of SuperCoin and MammothCoin.

Now all basic building blocks especially the multisig addresses and transactions work great, we are in the process of implementing the whole phase-2 scheme. We can not reveal the details now, but we will publish whitepapers gradually on this and we will provide weekly updates to the community on our progress.

As you understand, devs all have their daily jobs and we are focusing on this whenever we have spare time. Our track record to deliver phase-1 is excellent. Our SuperSend mixer coinjoin solution is one of the best: intuitive, simple to use, fast and very reliable. This team knows exactly what it's doing and we are a very capable team, knowing all the details of the coin codebase, and is able to deliver as promised. So please understand that while we will do our best to communicate with community our progress, we can not be in the thread every day, and we need to focus to accomplish our implementation, there are a lot of work as you could imagine. Post your questions if any, we will try to answer as much as possible.

Supersend will be the best anonymous send, we have no doubt about it. SuperCoin and MammothCoin will become the best X11 and X13 coins. As we have the best devs, best technologies and best community here!



Atlast developer speak, and price went to sky. Good developer pleas keep communication on.

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zuyfg888
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July 13, 2014, 06:55:22 PM
 #7503

Good news..
I am back. Grin
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July 13, 2014, 06:58:08 PM
 #7504

Great rise but tbh no buy support, Super will be back to 1k-2.5k range.

Talking about 10k or 20k = pure cheap hype guys Smiley
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July 13, 2014, 07:00:46 PM
 #7505

Great rise but tbh no buy support, Super will be back to 1k-2.5k range.

Talking about 10k or 20k = pure cheap hype guys Smiley

I know but it's take time we need to give time, when other whales will see movement they will come and buying support also come.

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July 13, 2014, 07:04:53 PM
 #7506

Great rise but tbh no buy support, Super will be back to 1k-2.5k range.

Talking about 10k or 20k = pure cheap hype guys Smiley

only an hour of the announcement great news, wait some moments will be buys support
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July 13, 2014, 07:08:51 PM
 #7507

bought 15k again Smiley nice timing Cool

Captain Positive Cool
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July 13, 2014, 07:11:24 PM
 #7508

bought 15k again Smiley nice timing Cool

I bought back 100k Mamms, originally had 500k. Not going all in again on SUPER/Mamm because the dev is sketchy on communication and I think a lot of people don't trust him because of that. I don't really trust him either now but willing to risk a small amount just in case that 1% chance everything works out in what a months time  Roll Eyes

Holding 400k NAV though, so I don't mind losing on SUPER when NAV reaches 20k next month Grin

Get Daily Free SignatureCoins. Su3XiYekKKk4FRHaaMneseJHcykGfswVb3
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July 13, 2014, 07:18:30 PM
Last edit: July 13, 2014, 07:38:27 PM by Rnbin
 #7509

Great rise but tbh no buy support, Super will be back to 1k-2.5k range.

Talking about 10k or 20k = pure cheap hype guys Smiley
Oh boy someone just sold too fast and want to rebuy cheap  Smiley

Super barely sold when it was at 1k range, it had no significant trading volume in that time. The volume of the last hour is nearly the same as the whole past week when it was ranging from 1-3k. So barely any Supercoins got accumulated around 1-3k, if people didn't sold in that range before why would they now... Don't try to manipulate because you start to realise you sold way too fast  Wink Most of the investors proved to be smarter than that looking at how everybody kept staking instead of selling during the crash.
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July 13, 2014, 07:30:22 PM
 #7510

Price already 5x, lets hope 10x or 20x people just starting buying again so 10x or 20x not far.

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July 13, 2014, 07:30:45 PM
 #7511

Hello, I want to give an update on our progress of phase-2 anonymous wallet. This work is a joint effort between
SuperCoin and MammothCoin dev teams.

Phase-2 of the anonymous wallet is to provide a trustless system, and a truely de-centralized p2p coinjoin system. Again the characteristics of the trustless system are:
-   Each party will do the best they can by gaining (e.g. coins).
-   Whenever possible, they will cheat to gain advantages.
-   They will not sacrifice their own benefits to do damages (e.g. cheat).
-   They will do damages even they don’t gain anything (make others lose, but they themselves will not lose, they may not gain either).

In phase-2, the sender of the coin will pick randomly any qualified peers as mixer and guarantor, to send the coins anonymously. This is a truely de-centralized p2p coinjoin system, which has no central authority at all in whatever format. Any qualified peers (eg holding enough coins in his wallet) can become the middle points of the transfer (of course if he wants, he can turn off the "service" from the config file).

This system is much more complex than the phase-1 mixer solution we already completed. It involves intensive usage of multisig addresses and transactions, with mini-escrows established so to constrian various parties involved and guarantee the smooth transfers of the fund.

I am glad to report that we've made significant progress on the phase-2 work.

First, we have defined a complex scheme that coordinate the anonymous send, and it guarantees that all different parties involved will behave correctly, because otherwise they will lose their own coins (mini-escrows in effect).

Second, we have fixed some significant bugs in the code that prevent some multisig features from working correctly. As some of you probably know, the Bitcoin codebase created the multisig system and it has some intensive testing there and many bugs fixed. Bitcoin uses protocol version of 700xx. All the PoW/PoS codebase, however, follows the NovaCoin codebase, which is currently at protocol codebase 60015. The multisig system is unfortunately not working in the 600xx codebase. And porting the whole 700xx to PoW/PoS is a siginicant of change, involves many complete code rewrites. We have successfully fixed the multisig address and transaction system in codebase 600xx without porting the whole new code over. This way it guaratees the smooth development/enhancement of SuperCoin and MammothCoin.

Now all basic building blocks especially the multisig addresses and transactions work great, we are in the process of implementing the whole phase-2 scheme. We can not reveal the details now, but we will publish whitepapers gradually on this and we will provide weekly updates to the community on our progress.

As you understand, devs all have their daily jobs and we are focusing on this whenever we have spare time. Our track record to deliver phase-1 is excellent. Our SuperSend mixer coinjoin solution is one of the best: intuitive, simple to use, fast and very reliable. This team knows exactly what it's doing and we are a very capable team, knowing all the details of the coin codebase, and is able to deliver as promised. So please understand that while we will do our best to communicate with community our progress, we can not be in the thread every day, and we need to focus to accomplish our implementation, there are a lot of work as you could imagine. Post your questions if any, we will try to answer as much as possible.

Supersend will be the best anonymous send, we have no doubt about it. SuperCoin and MammothCoin will become the best X11 and X13 coins. As we have the best devs, best technologies and best community here!



Very nice, Supercoin will be the 1st coin having completely de-centralized p2p coinjoin system, wonderful news!
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July 13, 2014, 07:53:36 PM
 #7512

Price already 5x, lets hope 10x or 20x people just starting buying again so 10x or 20x not far.

yes go go super!
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July 13, 2014, 07:54:08 PM
 #7513

Hello, I want to give an update on our progress of phase-2 anonymous wallet. This work is a joint effort between
SuperCoin and MammothCoin dev teams.

Phase-2 of the anonymous wallet is to provide a trustless system, and a truely de-centralized p2p coinjoin system. Again the characteristics of the trustless system are:
-   Each party will do the best they can by gaining (e.g. coins).
-   Whenever possible, they will cheat to gain advantages.
-   They will not sacrifice their own benefits to do damages (e.g. cheat).
-   They will do damages even they don’t gain anything (make others lose, but they themselves will not lose, they may not gain either).

In phase-2, the sender of the coin will pick randomly any qualified peers as mixer and guarantor, to send the coins anonymously. This is a truely de-centralized p2p coinjoin system, which has no central authority at all in whatever format. Any qualified peers (eg holding enough coins in his wallet) can become the middle points of the transfer (of course if he wants, he can turn off the "service" from the config file).

This system is much more complex than the phase-1 mixer solution we already completed. It involves intensive usage of multisig addresses and transactions, with mini-escrows established so to constrian various parties involved and guarantee the smooth transfers of the fund.

I am glad to report that we've made significant progress on the phase-2 work.

First, we have defined a complex scheme that coordinate the anonymous send, and it guarantees that all different parties involved will behave correctly, because otherwise they will lose their own coins (mini-escrows in effect).

Second, we have fixed some significant bugs in the code that prevent some multisig features from working correctly. As some of you probably know, the Bitcoin codebase created the multisig system and it has some intensive testing there and many bugs fixed. Bitcoin uses protocol version of 700xx. All the PoW/PoS codebase, however, follows the NovaCoin codebase, which is currently at protocol codebase 60015. The multisig system is unfortunately not working in the 600xx codebase. And porting the whole 700xx to PoW/PoS is a siginicant of change, involves many complete code rewrites. We have successfully fixed the multisig address and transaction system in codebase 600xx without porting the whole new code over. This way it guaratees the smooth development/enhancement of SuperCoin and MammothCoin.

Now all basic building blocks especially the multisig addresses and transactions work great, we are in the process of implementing the whole phase-2 scheme. We can not reveal the details now, but we will publish whitepapers gradually on this and we will provide weekly updates to the community on our progress.

As you understand, devs all have their daily jobs and we are focusing on this whenever we have spare time. Our track record to deliver phase-1 is excellent. Our SuperSend mixer coinjoin solution is one of the best: intuitive, simple to use, fast and very reliable. This team knows exactly what it's doing and we are a very capable team, knowing all the details of the coin codebase, and is able to deliver as promised. So please understand that while we will do our best to communicate with community our progress, we can not be in the thread every day, and we need to focus to accomplish our implementation, there are a lot of work as you could imagine. Post your questions if any, we will try to answer as much as possible.

Supersend will be the best anonymous send, we have no doubt about it. SuperCoin and MammothCoin will become the best X11 and X13 coins. As we have the best devs, best technologies and best community here!



Very nice, Supercoin will be the 1st coin having completely de-centralized p2p coinjoin system, wonderful news!
So,I think we can look forward to something. Roll Eyes
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July 13, 2014, 08:02:47 PM
 #7514

Good news but people keep on dumping, wonder why.

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July 13, 2014, 08:07:36 PM
 #7515

Good news but people keep on dumping, wonder why.

Because who bought high now thinking to out, It's not bad weak hand selling and whales mostly accumuating.

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July 13, 2014, 08:12:33 PM
 #7516

Good news but people keep on dumping, wonder why.



A little visual view of the volume of Super. Notice how in the past no coins were selling at 1k range, only a small amount at 2.5k range, and a significant amount at the 5k range.

The price goes up again and boom, volume comes back. This graph makes clear how the price around 1k range was unrealistic, you can't set a price without a real trading volume. Supercoin is at its max vitality when it's around 5k range (even though it's imo still undervalued at that range but that's my subjective opinion).

What i'm trying to say is: a lot of people seem to be selling now already because of fear. They don't realise and check the facts I just explained. The price of the past days was a 'fake' price, i couldn't call it better with any other word.

I'm not commanding people to keep till we set a better price with this though, but I hope people will take some time looking at the past volumes & prices and try to put some thinking into it themselves. It's not a bad thing to do, not only with Supercoin but with all altcoins. Don't let fake prices manipulate your trading behavior, be smarter than that. And good luck with your investment.
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July 13, 2014, 08:13:12 PM
 #7517

Good news but people keep on dumping, wonder why.

Because who bought high now thinking to out, It's not bad weak hand selling and whales mostly accumuating.

yes someone took some profits... but the dev team of super is very strong, they will deliver what they promised. we'll see price go up once people realize what it means the new phase-2 tech.
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July 13, 2014, 08:15:22 PM
 #7518

profit takers after the shake and bake back up she goes
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July 13, 2014, 08:19:24 PM
 #7519

This is an unpopular opinion here but...

The volume today was 100%, without a doubt, fake.

For anyone watching, it was CLEAR that someone would open up two tabs / have two accounts, put up a buy order and IMMEDIATELY buy it in full.

This generates fake volume and looks like a buy.

So yeah, this is a great coin, but don't be fooled by this volume. It's not real.

not real you say well i alone bought 5 BTC of that volume

and ofc it drops because ppl take profit it did go over 300%
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July 13, 2014, 08:20:41 PM
 #7520

This is an unpopular opinion here but...

The volume today was 100%, without a doubt, fake.

For anyone watching, it was CLEAR that someone would open up two tabs / have two accounts, put up a buy order and IMMEDIATELY buy it in full.

This generates fake volume and looks like a buy.

So yeah, this is a great coin, but don't be fooled by this volume. It's not real.

not real you say well i alone bought 5 BTC of that volume

Price move upto 5x not easy for fake volume, when price went up people start selling and then who faking the volume will be in loss.

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