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Author Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon  (Read 468916 times)
bittybit11
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July 14, 2014, 04:42:46 PM
 #7661

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!



BEST DEVELOPMENT EVER!!! Congrats for the dev and for all who belived in SUPERCOIN from the begining!! Best Regards! Grin

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July 14, 2014, 06:26:22 PM
 #7662


Phase 2 is one of biggest development event in all altcoin history.


+1000!

+ + + + 100000

We want to be a part of this history!

where? the price just got down today


back here after the boom in 2013
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July 14, 2014, 07:25:41 PM
 #7663


Phase 2 is one of biggest development event in all altcoin history.


+1000!

+ + + + 100000

We want to be a part of this history!

where? the price just got down today



Right! SELL ALL! Tomorrow we're back to 1k. Sell before it's too late.
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July 14, 2014, 07:32:43 PM
 #7664


Phase 2 is one of biggest development event in all altcoin history.


+1000!

+ + + + 100000

We want to be a part of this history!

where? the price just got down today



Right! SELL ALL! Tomorrow we're back to 1k. Sell before it's too late.

Yes please do sell, I am waiting  Grin
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July 14, 2014, 08:04:03 PM
 #7665


Supercointeam, you can give the answers in this discussion, as a developer?
http://www.reddit.com/r/CryptoMarkets/comments/2ao3gk/supercoin_mammothcoin_phase2/

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July 14, 2014, 08:46:53 PM
 #7666

0.00001851 !!!
WTF? I say 24 hours to reach 1000 not 4 hours!



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July 14, 2014, 08:59:30 PM
 #7667

Supercoin devs need to capitalize here. All top coin markets on Bittrex are having a down day. Any news from the devs right now would send this thing sky rocketing.
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July 14, 2014, 09:13:17 PM
 #7668

Supercoin devs need to capitalize here. All top coin markets on Bittrex are having a down day. Any news from the devs right now would send this thing sky rocketing.

More promotions needed. Many of these coins having nothing but high fly because they have "promoters"...

SUPER coin has good technology but no promotion...
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July 14, 2014, 09:13:28 PM
 #7669

Supercoin devs need to capitalize here. All top coin markets on Bittrex are having a down day. Any news from the devs right now would send this thing sky rocketing.

Maybe you don't understand or your new in supercoin.
Last 10 days, supercoin was falling from 14k to 1k. First there were a pump and dump, then DEV disappear for days and this PHASE2 seems never come.
Yesterday dev release theyr working progress. After that NORMALLY, price had to be back to 5-6k and stabilized. But there was only a little pump and then AFTER ONLY 24 hours later we're back under 2k.
Too many coin are sold....to many!. Sound strange.

I'm not here to make FUD or others, i have ton of super bought under 500 satoshi, so i could dump all in 1 minute. Me and other bagholders. So,i will not have a loss until we don't reach 500 satoshi.

So, i'm the first one who want SUPER to rise(means a lot of profit for me). Already made 2 btc yesterday.
But as trader for at least 1 year, i want only to alert you about this situation. We're talking about money. Real money.
So, always be careful when trading.

This coin was first delisted from poloniex accused of an hidden PRE-MINE,then busoni admit his error. But during that time price still remain between 2-4k. Then there was the pump. Supercoin with this amazing stuff have to be stabile around 12k-15k now. But this is not happening. Either whales stay away from super.

After that,have a nice day and let's see what will happen tomorrow.  Wink Wink Wink Wink
Maybe i was wrong, but yesterday when i see people buy over 3k thinkin finally in a price rise after DEV announcement, i just was thinking "I'm so sorry for thoose ones who bought now thinking to HOLD for next days". And i was right. Only after 24 hours late.

Cheers.






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July 14, 2014, 09:16:25 PM
 #7670

Supercoin devs need to capitalize here. All top coin markets on Bittrex are having a down day. Any news from the devs right now would send this thing sky rocketing.

Maybe you don't understand or your new in supercoin.
Last 10 days, supercoin was falling from 14k to 1k. First there were a pump and dump, then DEV disappear for days and this PHASE2 seems never come.
Yesterday dev release theyr working progress. After that NORMALLY, price had to be back to 5-6k and stabilized. But there was only a little pump and then AFTER ONLY 24 hours later we're back under 2k.
Too many coin are sold....to many!. Sound strange.

I'm not here to make FUD or others, i have ton of super bought under 500 satoshi, so i could dump all in 1 minute. Me and other bagholders. So,i will not have a loss until we don't reach 500 satoshi.

So, i'm the first one who want SUPER to rise(means a lot of profit for me). Already made 2 btc yesterday.
But as trader for at least 1 year, i want only to alert you about this situation. We're talking about money. Real money.
So, always be careful when trading.

This coin was first delisted from poloniex accused of an hidden PRE-MINE,then busoni admit his error. But during that time price still remain between 2-4k. Then there was the pump. Supercoin with this amazing stuff have to be stabile around 12k-15k now. But this is not happening. Either whales stay away from super.

After that,have a nice day and let's see what will happen tomorrow.  Wink Wink Wink Wink
Maybe i was wrong, but yesterday when i see people buy over 3k thinkin finally in a price rise after DEV announcement, i just was thinking "I'm so sorry for thoose ones who bought now thinking to HOLD for next days". And i was right. Only after 24 hours late.

Cheers.








Ive been in supercoin since the begin, the rise and fall and all. The statement i made of above really had nothing to do with supercoin itself but the state of the market. No coin seems to be moving right now. So any news whatsoever here can potentially send it moving because everyone is watching for the next pump of any coin.
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July 14, 2014, 09:20:00 PM
 #7671

Supercoin devs need to capitalize here. All top coin markets on Bittrex are having a down day. Any news from the devs right now would send this thing sky rocketing.

Maybe you don't understand or your new in supercoin.
Last 10 days, supercoin was falling from 14k to 1k. First there were a pump and dump, then DEV disappear for days and this PHASE2 seems never come.
Yesterday dev release theyr working progress. After that NORMALLY, price had to be back to 5-6k and stabilized. But there was only a little pump and then AFTER ONLY 24 hours later we're back under 2k.
Too many coin are sold....to many!. Sound strange.

I'm not here to make FUD or others, i have ton of super bought under 500 satoshi, so i could dump all in 1 minute. Me and other bagholders. So,i will not have a loss until we don't reach 500 satoshi.

So, i'm the first one who want SUPER to rise(means a lot of profit for me). Already made 2 btc yesterday.
But as trader for at least 1 year, i want only to alert you about this situation. We're talking about money. Real money.
So, always be careful when trading.

This coin was first delisted from poloniex accused of an hidden PRE-MINE,then busoni admit his error. But during that time price still remain between 2-4k. Then there was the pump. Supercoin with this amazing stuff have to be stabile around 12k-15k now. But this is not happening. Either whales stay away from super.

After that,have a nice day and let's see what will happen tomorrow.  Wink Wink Wink Wink
Maybe i was wrong, but yesterday when i see people buy over 3k thinkin finally in a price rise after DEV announcement, i just was thinking "I'm so sorry for thoose ones who bought now thinking to HOLD for next days". And i was right. Only after 24 hours late.

Cheers.


I don't see these big bagholders, there was a "mini-IPO" and dev team raised 5 BTCs (?) as working fund for dev and servers etc. They did not premine others coins, so it should be no dump from them. I think at 700-1000 sat a few days ago some people bought a lot, they must have dumped some as the price increased 3-5X for them, it is natural they take some profit.
 The key is promotion that more people get interested in the coin.
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July 14, 2014, 09:50:37 PM
 #7672

DEV disappear for 1 week ALL PEOPLE SELLING.
DEV announce Phase 2 and after 24 hours AGAIN SELLING.

So,you think SUPER is undervaluated now? You think is price sould be more than 10k?
C'mon price is under 2k,invest all you money in!! You could make 500% profit when it reach 10k.
OR YOU'RE AFRAID ABOUT WHAT'S HAPPENING AND YOU DON'T WANNA RISK?
Cause i don't see any buyng. Can you explain me why noone is buyng?
Who is MAD? People who selling now or people who DON'T BUY?

"Dali's Dilemma"


2014-07-14 21:40:17   SELL   0.00001810   10000.00000000   0.18100000
2014-07-14 21:16:20   SELL   0.00001808   1161.38571078   0.02099785
2014-07-14 21:10:20   SELL   0.00001808   2651.75260626   0.04794368
2014-07-14 21:10:20   SELL   0.00001810   1040.50811694   0.01883319
2014-07-14 21:04:35   SELL   0.00001810   605.55146772   0.01096048
2014-07-14 21:04:35   SELL   0.00001870   1000.00000000   0.01870000
2014-07-14 20:48:08   SELL   0.00001803   862.53073220   0.01555142
2014-07-14 20:38:52   SELL   0.00001900   7454.72982831   0.14163986
2014-07-14 20:38:44   SELL   0.00001999   966.64852646   0.01932330
2014-07-14 20:38:39   SELL   0.00002001   10.00000000   0.00020010
2014-07-14 20:38:32   SELL   0.00002059   835.57782060   0.01720455
2014-07-14 20:37:20   SELL   0.00002059   1472.26060383   0.03031384
2014-07-14 20:22:31   SELL   0.00002059   1074.46737864   0.02212328
2014-07-14 20:22:31   SELL   0.00002060   3925.51262136   0.08086556
2014-07-14 20:18:50   SELL   0.00002062   5.00000000   0.00010310
2014-07-14 19:45:51   SELL   0.00002060   806.00000000   0.01660360

2014-07-14 19:10:50   BUY   0.00002555   3394.44853228   0.08672816
2014-07-14 19:10:50   BUY   0.00002554   4185.97065904   0.10690969
2014-07-14 18:43:54   SELL   0.00002250   3550.04067232   0.07987591
2014-07-14 18:40:23   SELL   0.00002100   1000.00000000   0.02100000
2014-07-14 18:40:23   SELL   0.00002100   3358.87204907   0.07053631
2014-07-14 18:40:17   SELL   0.00002105   5.00000000   0.00010525
2014-07-14 18:38:54   SELL   0.00002100   161.00000000   0.00338100
2014-07-14 18:37:59   SELL   0.00002105   4782.19767736   0.10066526
2014-07-14 18:37:59   SELL   0.00002106   143.83475783   0.00302915
2014-07-14 18:14:40   SELL   0.00002200   13740.33091503   0.30228728
2014-07-14 17:59:30   SELL   0.00002060   240.81128667   0.00496071
2014-07-14 17:59:19   SELL   0.00002100   1000.00000000   0.02100000
2014-07-14 17:59:09   SELL   0.00002102   150.00000000   0.00315300
2014-07-14 17:58:57   SELL   0.00002120   7000.00000000   0.14840000
2014-07-14 17:58:47   SELL   0.00002250   1333.33333333   0.02999999
2014-07-14 17:58:40   SELL   0.00002300   2739.13043478   0.06299999
2014-07-14 17:58:30   SELL   0.00002301   66.56764093   0.00153172
2014-07-14 17:58:30   SELL   0.00002301   816.53324641   0.01878842
2014-07-14 17:58:30   SELL   0.00002301   711.04889614   0.01636123
2014-07-14 17:38:29   SELL   0.00002301   542.16535853   0.01247522
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July 14, 2014, 10:13:49 PM
 #7673

I dont think this guy understands the arguments we were trying to make. No one ever disagreed with you about no one currently buying. All everyone pretty much pointed out was the fact that the coin needs a little more promotion for stimulation.
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July 14, 2014, 11:45:13 PM
 #7674

I dont think this guy understands the arguments we were trying to make. No one ever disagreed with you about no one currently buying. All everyone pretty much pointed out was the fact that the coin needs a little more promotion for stimulation.

It's okay, leave it as it is. No promotion needed once phase 2 is out, we just don't know when. Volume per hour on mintpal is less than 0.5 btc, and bittrex is 1btc. No one is selling their bags, everyone is holding. Shaking out more weak hands  Grin
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July 14, 2014, 11:54:43 PM
 #7675

I'm amazed how technically solid Super is and yet it hasn't received the hype of vrc, xc et al

Keep up the good work dev
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July 15, 2014, 12:20:57 AM
 #7676

I just posted a plug for phase 2 in a new topic.

>>> Here. <<<
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July 15, 2014, 01:06:59 AM
 #7677

Volume has stopped! No buy power at all... Damn, why did I buy at 0.000025  Huh

SYSCOIN - DECENTRALIZED MARKETPLACE , BLOCKCHAIN FOUNDRY
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July 15, 2014, 01:10:52 AM
 #7678

Volume has stopped! No buy power at all... Damn, why did I buy at 0.000025  Huh

I would suggest you to hold. If you notice, a whale bought lot of SUPER on July 13th.
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July 15, 2014, 01:26:23 AM
 #7679

Important development, Coins Source's news release on "Phase 2"
http://www.coinssource.com/supercoin-unleashes-phase-attack-anonymous-coins/


Congrats Smiley

Twitter: @Tk_Hamed
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July 15, 2014, 02:21:53 AM
 #7680

Important development, Coins Source's news release on "Phase 2"
http://www.coinssource.com/supercoin-unleashes-phase-attack-anonymous-coins/


Congrats Smiley

Unfortunate typo in article:
Quote
In anticipation of SuperCoin’s phase 2, the markets reacted very violently yesterday (June 13th, 2014) and SuperCoin saw ...
Of course it should read July 13th.

Tips: CANN: CRAUn1GyLcqyC2dfi7F1FDjvrzmLzwApAx
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