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Author Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon  (Read 466094 times)
CryptoBull
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August 10, 2014, 09:35:16 PM
 #9661

We don't participate in paid articles. If your product is good and proves valuable to our fellow community members, I'm sure they'll be hearing about you.

Best of luck.

newsBtc


So this is their reply !!!!

What are you talking about Bro by backfire from the article? I didnt get that?
How can an article harm us? Everybody who i know involved in crypto are just measuring things in news and price,so we are fucked by does markers.
Are we going to have a promo or not ? I am trying to write with 10 sites an so far the quickest response was from the guy with 0.12 btc offer and those fuckers.

sorry for my tone but im pissed off by their reply,
We need supporters and people start talking about our future alt coin killer coin right?

Ok people say something do you what to lay him or not? If not ease somebody help me out with the other sites please.
I wrote all sites from the last post they were four and you choose we are community we must choose together.


Captain Positive Cool
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brookefinancial
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August 10, 2014, 09:50:28 PM
 #9662

We don't participate in paid articles. If your product is good and proves valuable to our fellow community members, I'm sure they'll be hearing about you.

Best of luck.

newsBtc


So this is their reply !!!!

What are you talking about Bro by backfire from the article? I didnt get that?
How can an article harm us? Everybody who i know involved in crypto are just measuring things in news and price,so we are fucked by does markers.
Are we going to have a promo or not ? I am trying to write with 10 sites an so far the quickest response was from the guy with 0.12 btc offer and those fuckers.

sorry for my tone but im pissed off by their reply,
We need supporters and people start talking about our future alt coin killer coin right?

Ok people say something do you what to lay him or not? If not ease somebody help me out with the other sites please.
I wrote all sites from the last post they were four and you choose we are community we must choose together.



Me, I have donated a few and I dont mind paying 0,12 BTC for a little bit of visibility, I'm going to be tweeting and sharing it.

3D Printing and Bitcoin, that's pretty cool.
eXe47
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August 10, 2014, 09:59:19 PM
 #9663

We don't participate in paid articles. If your product is good and proves valuable to our fellow community members, I'm sure they'll be hearing about you.

Best of luck.

newsBtc


So this is their reply !!!!

What are you talking about Bro by backfire from the article? I didnt get that?
How can an article harm us? Everybody who i know involved in crypto are just measuring things in news and price,so we are fucked by does markers.
Are we going to have a promo or not ? I am trying to write with 10 sites an so far the quickest response was from the guy with 0.12 btc offer and those fuckers.

sorry for my tone but im pissed off by their reply,
We need supporters and people start talking about our future alt coin killer coin right?

Ok people say something do you what to lay him or not? If not ease somebody help me out with the other sites please.
I wrote all sites from the last post they were four and you choose we are community we must choose together.




I was talking about, it might not be the best idea to put advertising on that page. I would not take a banner serious and it might drive me away of investing instead of leading me to an investment. Maybe I am wrong about that Smiley

However, the fact is, we have to start somewhere so if this is our only option right now,
LETS DO THIS! Cool , hopefully we get a good and professional article out of it to share share share  Grin
Rnbin
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August 10, 2014, 10:21:40 PM
 #9664

We don't participate in paid articles. If your product is good and proves valuable to our fellow community members, I'm sure they'll be hearing about you.

Best of luck.

newsBtc


So this is their reply !!!!

What are you talking about Bro by backfire from the article? I didnt get that?
How can an article harm us? Everybody who i know involved in crypto are just measuring things in news and price,so we are fucked by does markers.
Are we going to have a promo or not ? I am trying to write with 10 sites an so far the quickest response was from the guy with 0.12 btc offer and those fuckers.

sorry for my tone but im pissed off by their reply,
We need supporters and people start talking about our future alt coin killer coin right?

Ok people say something do you what to lay him or not? If not ease somebody help me out with the other sites please.
I wrote all sites from the last post they were four and you choose we are community we must choose together.



Well it's quite normal that they don't take paid articles, it would kill the reliability of their articles. What did you expect Smiley

I'll message you about some other ways to invest the money.
CryptoBull
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August 10, 2014, 10:22:27 PM
 #9665

My thought too Smiley
Just waiting for the superteam to send them Smiley

Captain Positive Cool
eXe47
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August 10, 2014, 10:35:05 PM
 #9666

We don't participate in paid articles. If your product is good and proves valuable to our fellow community members, I'm sure they'll be hearing about you.

Best of luck.

newsBtc


So this is their reply !!!!

What are you talking about Bro by backfire from the article? I didnt get that?
How can an article harm us? Everybody who i know involved in crypto are just measuring things in news and price,so we are fucked by does markers.
Are we going to have a promo or not ? I am trying to write with 10 sites an so far the quickest response was from the guy with 0.12 btc offer and those fuckers.

sorry for my tone but im pissed off by their reply,
We need supporters and people start talking about our future alt coin killer coin right?

Ok people say something do you what to lay him or not? If not ease somebody help me out with the other sites please.
I wrote all sites from the last post they were four and you choose we are community we must choose together.



Well it's quite normal that they don't take paid articles, it would kill the reliability of their articles. What did you expect Smiley

I'll message you about some other ways to invest the money.

We should write down all the relevant newsoutlets and publish something like a press release including the released whitepaper to all the news outlets. Some of them will pick the story up for sure, others will see it and also cover the update/whitepaper.

Besides that we should have some newsoutlets (safe harbor) in place that we pay some amount to deliver some extra push Smiley
marseille
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August 10, 2014, 11:24:42 PM
 #9667

We don't participate in paid articles. If your product is good and proves valuable to our fellow community members, I'm sure they'll be hearing about you.

Best of luck.

newsBtc


So this is their reply !!!!

What are you talking about Bro by backfire from the article? I didnt get that?
How can an article harm us? Everybody who i know involved in crypto are just measuring things in news and price,so we are fucked by does markers.
Are we going to have a promo or not ? I am trying to write with 10 sites an so far the quickest response was from the guy with 0.12 btc offer and those fuckers.

sorry for my tone but im pissed off by their reply,
We need supporters and people start talking about our future alt coin killer coin right?

Ok people say something do you what to lay him or not? If not ease somebody help me out with the other sites please.
I wrote all sites from the last post they were four and you choose we are community we must choose together.



Well it's quite normal that they don't take paid articles, it would kill the reliability of their articles. What did you expect Smiley

I'll message you about some other ways to invest the money.

We should write down all the relevant newsoutlets and publish something like a press release including the released whitepaper to all the news outlets. Some of them will pick the story up for sure, others will see it and also cover the update/whitepaper.

Besides that we should have some newsoutlets (safe harbor) in place that we pay some amount to deliver some extra push Smiley

yes more aggressive promo, need more people know this coin

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.Join the Trading Revolution.
Rnbin
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August 10, 2014, 11:39:50 PM
 #9668

Well I hope the dev will post the complete whitepaper asap, splitting it in 3 parts is a nice strategy but hopefully he'll update it every day (and not per 2 days). As soon as we have complete whitepaper, people can start writing articles about Super.

And I also hope big things like (part of) the whitepaper will not be published in a weekend next time, especially not sunday, but during the week.


Going to post this again for those who didn't read it yet:

While I am writing the whitepaper, I think instead of publishing it all at once when I finish, I will post it in parts, every 2-3 days, so community will get more details about the algorithm we use and logistics behind it. It is also an education process so people will understand what is a trustless system and why we need it. So expect 3 parts to be posted in this thread. I will prepare a pdf file with all parts together (the formal whitepaper).

All questions are welcomed, though I may not have time to answer all the questions. Because I still need to do testing on the code and fix bugs, and add bells and whistles etc.

Below is the first part on the SuperSend Trustless system. I will try to publish the next part in 2-3 days, maybe Monday/Tuesday time frame. Next parts will describe the overview and details of the algorithm.

==

SuperSend Trustless is an advanced p2p completely decentralized anonymous system. It belongs to Coinjoin category of the anonymous wallet. In this system all nodes (clients) are equal; there are no centralized or special nodes that hold more info than others. The coin transfer happens with the help of middle nodes that are randomly chosen. Mini-escrow is used with multisig address and transactions to ensure all the parties behave according to the transfer rules. This is a complete trustless system. The system is designed in a forceful way for all parties to behave correctly. If any party tries to cheat, he will lose more than his gain in the cheat.

Among all the online coin clients, if some minimum requirements are met (e.g. with minimum amount of coins in the balance, and with minimum 2 addresses in the wallet, etc), the node will advertise itself as a service node. Other nodes receiving the advertisement will add it to their service node list. There’s a limit in the service node list for each client (currently limited at 30). Any client can turn off the advertisement, if it does not want to be a service node. To turn off the service node advertisement, user just need to put a line in the config file. A service node will receive certain fee for each service it performs. Node not want to be service node can still receive other node’s advertisement and use the anonymous service, as long as it pays the service fee.

SuperSend Trustless makes heavy use of multisig technology. The sender of the coin will choose randomly 2 middle service nodes from his service node list to help the anonymous transfer. Among the two nodes chosen, one provides mix service, and another provides guarantee service. Why need 2 nodes? Because if there are any disputes between sender and mixer, it is up to guarantor to make a final judgment and then distribute the fund in the escrow accordingly.

Mixer is the node to mix the coins with his own, and send to destination. It is possible to have multiple mixer nodes, so to further obfuscate the transfer. At the current implementation, we use a single mixer node.

Guarantor is the one who will make the final judgment if any dispute between sender and mixer. If everything goes on well, Guarantor’s job is just to create multisig address and multisig transactions. It will not be involved in the signing processes of the multisig transactions in normal cases. But if there are disputes, the Guarantor will decide, based on the facts of the existing transactions, the outcome of escrow distribution. Of course, Guarantor cannot decide alone, he has to coordinate with another party (see below for the signing of multisig transactions).

We use a 2-of-3 multisig address for escrow. What is a 2-of-3 multisig address? It is an address that is created based on 3 public keys, each from Sender, Mixer and Guarantor, respectively. Remember, Sender, Mixer and Guarantor each hold the corresponding private key of the public key. Anyone is free to deposit coins to the 2-of-3 address. But in order to spend any fund from the address (i.e. send to another address), the transaction needs to be signed using at least 2 out of 3 private keys. Since the private keys are in different nodes, different nodes must willing to sign the same transaction before it becomes valid. In another words, the coins in that address cannot be spent by anyone alone, at least two of them should agree before the money can be spent.

==


eXe47
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August 11, 2014, 12:38:41 AM
 #9669

We got featured here:

http://www.cryptoarticles.com/crypto-news/first-part-of-supercoins-supersend-trustless-revealed !

marseille
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August 11, 2014, 12:50:59 AM
 #9670


nice!

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.Join the Trading Revolution.
brookefinancial
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August 11, 2014, 01:33:35 AM
 #9671


Great! We can retweet this for more visibility

https://twitter.com/BrookeFinancial/status/498634901428514818

3D Printing and Bitcoin, that's pretty cool.
some138
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August 11, 2014, 01:35:02 AM
 #9672

Super is going on strong, with price almost doubled last few days, I saw some profit taking. But good news is yet to come, I keep my faith. This dev team is the best I've ever seen.
brookefinancial
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August 11, 2014, 01:45:55 AM
 #9673

Super is going on strong, with price almost doubled last few days, I saw some profit taking. But good news is yet to come, I keep my faith. This dev team is the best I've ever seen.

Yes but "profit taking" is nothing suprising and very characteristic of a bull market, like I said earlier this afternoon, it's best to put buy orders in this situation because weak hands dump their small profit before the big rise. It's what we call in french "précoce". Like a premature ejaculation, you can't enjoy the whole ride because you're too quick on the sell button.

Some guys sold to me at 2000, 2100, 2150 tonight. This market is beautiful.


3D Printing and Bitcoin, that's pretty cool.
marseille
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August 11, 2014, 02:49:59 AM
 #9674

Super is going on strong, with price almost doubled last few days, I saw some profit taking. But good news is yet to come, I keep my faith. This dev team is the best I've ever seen.

Yes but "profit taking" is nothing suprising and very characteristic of a bull market, like I said earlier this afternoon, it's best to put buy orders in this situation because weak hands dump their small profit before the big rise. It's what we call in french "précoce". Like a premature ejaculation, you can't enjoy the whole ride because you're too quick on the sell button.

Some guys sold to me at 2000, 2100, 2150 tonight. This market is beautiful.



Yes I agree, this is a normal process.

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brookefinancial
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August 11, 2014, 03:24:39 AM
 #9675

Coming from the stock market I see that a lot.

In a downtrend (or "bear market") the losers are the guys trying to catch the bottom and to buy every dip.

In a bull market, the losers are early profit takers trying to sell on every rise.

We have seen that in the last 2 days on SuperCoin.

3D Printing and Bitcoin, that's pretty cool.
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August 11, 2014, 04:41:46 AM
 #9676

Super is going on strong, with price almost doubled last few days, I saw some profit taking. But good news is yet to come, I keep my faith. This dev team is the best I've ever seen.

Yes but "profit taking" is nothing suprising and very characteristic of a bull market, like I said earlier this afternoon, it's best to put buy orders in this situation because weak hands dump their small profit before the big rise. It's what we call in french "précoce". Like a premature ejaculation, you can't enjoy the whole ride because you're too quick on the sell button.

Some guys sold to me at 2000, 2100, 2150 tonight. This market is beautiful.



Yes I agree, this is a normal process.

Yes makes sense
Rnbin
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August 11, 2014, 04:45:32 AM
 #9677

Super is going on strong, with price almost doubled last few days, I saw some profit taking. But good news is yet to come, I keep my faith. This dev team is the best I've ever seen.

Yes but "profit taking" is nothing suprising and very characteristic of a bull market, like I said earlier this afternoon, it's best to put buy orders in this situation because weak hands dump their small profit before the big rise. It's what we call in french "précoce". Like a premature ejaculation, you can't enjoy the whole ride because you're too quick on the sell button.

Some guys sold to me at 2000, 2100, 2150 tonight. This market is beautiful.


Exactly, if we were able to reach 14k sat prior to phase 2, where will Supercoin take us this time ? I say we set a new top above 14k once SoD is out & working


fancy2973
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August 11, 2014, 05:19:24 AM
 #9678

Super is going on strong, with price almost doubled last few days, I saw some profit taking. But good news is yet to come, I keep my faith. This dev team is the best I've ever seen.

Yes but "profit taking" is nothing suprising and very characteristic of a bull market, like I said earlier this afternoon, it's best to put buy orders in this situation because weak hands dump their small profit before the big rise. It's what we call in french "précoce". Like a premature ejaculation, you can't enjoy the whole ride because you're too quick on the sell button.

Some guys sold to me at 2000, 2100, 2150 tonight. This market is beautiful.


Exactly, if we were able to reach 14k sat prior to phase 2, where will Supercoin take us this time ? I say we set a new top above 14k once SoD is out & working




Yes trustless system is much bigger, those other coins claim to do it do not even understand what it mean... this coin needs better promotion. I feel the dev is excellent, but the promo is not as good. Need more marketing...

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August 11, 2014, 05:27:32 AM
 #9679

Well I hope the dev will post the complete whitepaper asap, splitting it in 3 parts is a nice strategy but hopefully he'll update it every day (and not per 2 days). As soon as we have complete whitepaper, people can start writing articles about Super.

And I also hope big things like (part of) the whitepaper will not be published in a weekend next time, especially not sunday, but during the week.


Going to post this again for those who didn't read it yet:

While I am writing the whitepaper, I think instead of publishing it all at once when I finish, I will post it in parts, every 2-3 days, so community will get more details about the algorithm we use and logistics behind it. It is also an education process so people will understand what is a trustless system and why we need it. So expect 3 parts to be posted in this thread. I will prepare a pdf file with all parts together (the formal whitepaper).

All questions are welcomed, though I may not have time to answer all the questions. Because I still need to do testing on the code and fix bugs, and add bells and whistles etc.

Below is the first part on the SuperSend Trustless system. I will try to publish the next part in 2-3 days, maybe Monday/Tuesday time frame. Next parts will describe the overview and details of the algorithm.

==

SuperSend Trustless is an advanced p2p completely decentralized anonymous system. It belongs to Coinjoin category of the anonymous wallet. In this system all nodes (clients) are equal; there are no centralized or special nodes that hold more info than others. The coin transfer happens with the help of middle nodes that are randomly chosen. Mini-escrow is used with multisig address and transactions to ensure all the parties behave according to the transfer rules. This is a complete trustless system. The system is designed in a forceful way for all parties to behave correctly. If any party tries to cheat, he will lose more than his gain in the cheat.

Among all the online coin clients, if some minimum requirements are met (e.g. with minimum amount of coins in the balance, and with minimum 2 addresses in the wallet, etc), the node will advertise itself as a service node. Other nodes receiving the advertisement will add it to their service node list. There’s a limit in the service node list for each client (currently limited at 30). Any client can turn off the advertisement, if it does not want to be a service node. To turn off the service node advertisement, user just need to put a line in the config file. A service node will receive certain fee for each service it performs. Node not want to be service node can still receive other node’s advertisement and use the anonymous service, as long as it pays the service fee.

SuperSend Trustless makes heavy use of multisig technology. The sender of the coin will choose randomly 2 middle service nodes from his service node list to help the anonymous transfer. Among the two nodes chosen, one provides mix service, and another provides guarantee service. Why need 2 nodes? Because if there are any disputes between sender and mixer, it is up to guarantor to make a final judgment and then distribute the fund in the escrow accordingly.

Mixer is the node to mix the coins with his own, and send to destination. It is possible to have multiple mixer nodes, so to further obfuscate the transfer. At the current implementation, we use a single mixer node.

Guarantor is the one who will make the final judgment if any dispute between sender and mixer. If everything goes on well, Guarantor’s job is just to create multisig address and multisig transactions. It will not be involved in the signing processes of the multisig transactions in normal cases. But if there are disputes, the Guarantor will decide, based on the facts of the existing transactions, the outcome of escrow distribution. Of course, Guarantor cannot decide alone, he has to coordinate with another party (see below for the signing of multisig transactions).

We use a 2-of-3 multisig address for escrow. What is a 2-of-3 multisig address? It is an address that is created based on 3 public keys, each from Sender, Mixer and Guarantor, respectively. Remember, Sender, Mixer and Guarantor each hold the corresponding private key of the public key. Anyone is free to deposit coins to the 2-of-3 address. But in order to spend any fund from the address (i.e. send to another address), the transaction needs to be signed using at least 2 out of 3 private keys. Since the private keys are in different nodes, different nodes must willing to sign the same transaction before it becomes valid. In another words, the coins in that address cannot be spent by anyone alone, at least two of them should agree before the money can be spent.

==



OK thanks for your feedback. I haven't finished the whitepaper yet, otherwise I would have posted it. I've been busy on the coding and testing lately. But I will post more frequently. I will post a pretty in-depth summary of the algorithm soon.

Supercoin - 1st true peer-to-peer decentralized trustless anonymous wallet using multisig technologies!
eltonking3000
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August 11, 2014, 05:36:54 AM
 #9680

my updates   Wink please vote to 14

http://i.imgur.com/XqrKQeC.jpg
http://i.imgur.com/UWFRg9Y.jpg

super:SYqLVWpgxrxhUn4x31ECTucgwdd5UHQ9mC
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