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Author Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon  (Read 468860 times)
supercointeam
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August 11, 2014, 03:53:44 PM
 #9721

Here is the 2nd part of the whitepaper, which gives a high level in-depth view of the trustless algorithm we use. Please refer to the part 1 if you need to understand some terms. Part 1 is here:
https://bitcointalk.org/index.php?topic=618552.msg8272890#msg8272890

==
The following diagram shows a high level description of the trustless system algorithm. It shows the “normal” case where everything goes as expected.




The next diagram shows the case where, after step 6, the Sender is not satisfied with the Mixer’s txid. This could happen if the Sender cannot verify Mixer’s transaction, or Mixer did not send enough funds to the destination. In which case Sender asks Guarantor to do the arbitration. The new scenario are marked in brown lines and explained in the diagram.



There are other possible scenarios, that we will describe in the next parts, where we will show details of the algorithm and steps. But from the above two cases you see why multisig is tightly linked with trustless system and how it creates a bonding among all parties where they have to follow the anonymous transfer rules.






This is a HUGE technology how simplified.
This is Supercoin!
This is Privacy innovation of this decade!
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boopy265420
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August 11, 2014, 04:15:57 PM
 #9722

Awasome piece of work. OP as well as updates are amazing. just wow GO Super Go

.TTC.[
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[12th|26th]
supercointeam
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August 11, 2014, 04:19:37 PM
 #9723

Awasome piece of work. OP as well as updates are amazing. just wow GO Super Go
Thank you. We are coming so strong! It's great decision to be part of this community!
marseille
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August 11, 2014, 04:22:40 PM
 #9724

Awasome piece of work. OP as well as updates are amazing. just wow GO Super Go
Thank you. We are coming so strong! It's great decision to be part of this community!

Yes we have the best tech for anonymous system Smiley

🚀🚀🚀   Play our new Moon Game & Win up to 1000x   🚀🚀🚀
maryvale
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August 11, 2014, 04:25:33 PM
 #9725

Here is the 2nd part of the whitepaper, which gives a high level in-depth view of the trustless algorithm we use. Please refer to the part 1 if you need to understand some terms. Part 1 is here:
https://bitcointalk.org/index.php?topic=618552.msg8272890#msg8272890

==
The following diagram shows a high level description of the trustless system algorithm. It shows the “normal” case where everything goes as expected.




The next diagram shows the case where, after step 6, the Sender is not satisfied with the Mixer’s txid. This could happen if the Sender cannot verify Mixer’s transaction, or Mixer did not send enough funds to the destination. In which case Sender asks Guarantor to do the arbitration. The new scenario are marked in brown lines and explained in the diagram.



There are other possible scenarios, that we will describe in the next parts, where we will show details of the algorithm and steps. But from the above two cases you see why multisig is tightly linked with trustless system and how it creates a bonding among all parties where they have to follow the anonymous transfer rules.





I like the diagrams, very clear and shows very well the concepts!
CryptoBull
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August 11, 2014, 04:29:15 PM
 #9726

Awasome piece of work. OP as well as updates are amazing. just wow GO Super Go
Thank you. We are coming so strong! It's great decision to be part of this community!
Bros i have just send the second update from the whitepaper Smiley
We are the best you should know that i told you that we will say thank you dev you are the greatest Cool
super the the moon

Captain Positive Cool
supercointeam
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August 11, 2014, 04:34:10 PM
 #9727

We will redesign the OP and open new one.
my initial work from new road map...
removed picture because its unfinished
supercointeam
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August 11, 2014, 04:41:22 PM
 #9728

Awasome piece of work. OP as well as updates are amazing. just wow GO Super Go
Thank you. We are coming so strong! It's great decision to be part of this community!
Bros i have just send the second update from the whitepaper Smiley
We are the best you should know that i told you that we will say thank you dev you are the greatest Cool
super the the moon

can you get used this logo where they ask 240 240 pixels? Or someone can quickly do it for your promo?
btcsup
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August 11, 2014, 04:47:53 PM
 #9729

man this graphics from phase 2 amazing! I like to be part of SuperCoin!

Free SIGNs giving everyday. Be part, don't miss!. SrmjM2Q8BK8S92TmLP7V3j3YNVJSY3KZ6G
supercointeam
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August 11, 2014, 04:50:42 PM
 #9730

We have still unused 0.35 BTC to promote SuperCoin, please help us reach more crowds, bring some ideas!
maryvale
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August 11, 2014, 04:51:24 PM
 #9731

Very good progress on the supercoin team!
supercointeam
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August 11, 2014, 04:53:44 PM
 #9732

Very good progress on the supercoin team!
Imagine a world hand to hand we protect our privacy. Thanks to Supercoin innovation.
Privacy brings security and under secure eco systems, you can develop better economy, more trades, exchanges, markets everything.

yurimir
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August 11, 2014, 05:10:11 PM
 #9733

Awasome piece of work. OP as well as updates are amazing. just wow GO Super Go
Thank you. We are coming so strong! It's great decision to be part of this community!
Bros i have just send the second update from the whitepaper Smiley
We are the best you should know that i told you that we will say thank you dev you are the greatest Cool
super the the moon

can you get used this logo where they ask 240 240 pixels? Or someone can quickly do it for your promo?


In voting

https://bitcointalk.org/index.php?topic=732322.0

the winner now - 1 (red/white)



p.s.
240x240

supercointeam
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August 11, 2014, 05:12:36 PM
 #9734

Awasome piece of work. OP as well as updates are amazing. just wow GO Super Go
Thank you. We are coming so strong! It's great decision to be part of this community!
Bros i have just send the second update from the whitepaper Smiley
We are the best you should know that i told you that we will say thank you dev you are the greatest Cool
super the the moon

can you get used this logo where they ask 240 240 pixels? Or someone can quickly do it for your promo?


In voting

https://bitcointalk.org/index.php?topic=732322.0

the winner now - 1 (red/white)



p.s.
240x240
Thanks @yurimir it looks pretty good to me.
yurimir
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August 11, 2014, 05:28:09 PM
 #9735

I published

http://www.reddit.com/r/supercoin/comments/2d8tek/whitepaper_2nd_part_on_the_supersend_trustless/

http://www.reddit.com/r/CryptoMarkets/comments/2d8x7l/supercoin_whitepaper_2nd_part_on_the_supersend/

http://www.reddit.com/r/CryptoCurrency/comments/2d8vos/supercoin_whitepaper_2nd_part_on_the_supersend/  Smiley

CryptoBull
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August 11, 2014, 05:37:19 PM
 #9736

The article dude has started i send him all the materials Smiley
Thanks supercoin team Smiley
I have send him phase II first and second update with the diagrams and everything so we are waiting for it Smiley
I wrote emails again today to the other sites and still no reply sadly i dont know why but all i get is automated emails that they are very busy and try will read the email or the ticket whever they have time Sad

Thats it for now i am going to write again in the next hours before i go to bed
Cheers

Captain Positive Cool
brookefinancial
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August 11, 2014, 05:42:47 PM
 #9737

Here is the 2nd part of the whitepaper, which gives a high level in-depth view of the trustless algorithm we use. Please refer to the part 1 if you need to understand some terms. Part 1 is here:
https://bitcointalk.org/index.php?topic=618552.msg8272890#msg8272890

==
The following diagram shows a high level description of the trustless system algorithm. It shows the “normal” case where everything goes as expected.




The next diagram shows the case where, after step 6, the Sender is not satisfied with the Mixer’s txid. This could happen if the Sender cannot verify Mixer’s transaction, or Mixer did not send enough funds to the destination. In which case Sender asks Guarantor to do the arbitration. The new scenario are marked in brown lines and explained in the diagram.



There are other possible scenarios, that we will describe in the next parts, where we will show details of the algorithm and steps. But from the above two cases you see why multisig is tightly linked with trustless system and how it creates a bonding among all parties where they have to follow the anonymous transfer rules.





very nice!


Great news dev, let's work on that today people.

3D Printing and Bitcoin, that's pretty cool.
some138
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August 11, 2014, 05:47:10 PM
 #9738


very good!
supercointeam
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August 11, 2014, 05:49:29 PM
 #9739

Well done yurimir.
supercointeam
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August 11, 2014, 05:51:31 PM
 #9740

The article dude has started i send him all the materials Smiley
Thanks supercoin team Smiley
I have send him phase II first and second update with the diagrams and everything so we are waiting for it Smiley
I wrote emails again today to the other sites and still no reply sadly i dont know why but all i get is automated emails that they are very busy and try will read the email or the ticket whever they have time Sad

Thats it for now i am going to write again in the next hours before i go to bed
Cheers

Like every-time i say keep pushing, being a community leader is not always easy.

You carry this responsibility so far very good.
this said for you for some extra morale  Grin
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