Este Nuno
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Activity: 826
Merit: 1000
amarha
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July 15, 2014, 05:16:22 PM |
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I don't really get it. You have CryptoNote on one hand with working anon tech with little to no criticism. And on the other hand you and DRK which looks to be a technological boondoggle singing a chorus of "we can make it work!".
I just bought some XMR and BBR and I can see no reason to think that I made the wrong choice. Or that DRK is a reasonable alternative at all when you have XMR here already.
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Brilliantrocket
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July 15, 2014, 05:21:23 PM |
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I don't really get it. You have CryptoNote on one hand with working anon tech with little to no criticism. And on the other hand you and DRK which looks to be a technological boondoggle singing a chorus of "we can make it work!".
I just bought some XMR and BBR and I can see no reason to think that I made the wrong choice. Or that DRK is a reasonable alternative at all when you have XMR here already.
Saying that CN anon tech is working, is like saying that carbon nanotube transistors are working. Factually accurate, but still a misrepresentation of the amount of work and time necessary to bring each to market. |
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othe
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July 15, 2014, 05:23:25 PM |
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Ok, it isn't something with immediate implications, but it will be acknowledged as a security flaw if Anonymint's proposal becomes a standard.
Even if that case could happen, it's still not a flaw. He was discussing about improving Bitcoin protocol and the subject obviously doesn't apply to CryptoNote protocol. Think about Bitcoin as Windows and CryptoNote as Linux. You can't say Linux is flawed just because you can't install Photoshop directly on it. If you have a security standard, and something else cannot meet that standard, I would call that a flaw. It would be more like saying that operating system B is flawed if you can't determine whether it has malware on it, but with A you can. Even tho i DOUBT you even want to learn something technical, read this link: http://www.reddit.com/r/Bitcoin/comments/281ftd/why_i_just_sold_50_of_my_bitcoins_ghashio/Its all about solving the 51% issue and has some good recommandations on the topic, whereas anonymints proposal is easily cheatable and thus wont work (like the drk masternode payments are easily cheatable). |
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illodin
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July 15, 2014, 05:33:59 PM |
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Its all about solving the 51% issue and has some good recommandations on the topic, whereas anonymints proposal is easily cheatable and thus wont work (like the drk masternode payments are easily cheatable).
How? |
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uvt9
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July 15, 2014, 05:38:10 PM |
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Ok, it isn't something with immediate implications, but it will be acknowledged as a security flaw if Anonymint's proposal becomes a standard.
Even if that case could happen, it's still not a flaw. He was discussing about improving Bitcoin protocol and the subject obviously doesn't apply to CryptoNote protocol. Think about Bitcoin as Windows and CryptoNote as Linux. You can't say Linux is flawed just because you can't install Photoshop directly on it. If you have a security standard, and something else cannot meet that standard, I would call that a flaw. It would be more like saying that operating system B is flawed if you can't determine whether it has malware on it, but with A you can. It's not even called a standard (and currently there is no security standard for crypto currency). AnonyMint clearly said that his idea is for Bitcoin protocol only and might not be compatible with CryptoNote and Zerocash. You are the only one who is trying to reinterpret his words in different meaning and calling it a "flaw". |
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Brilliantrocket
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July 15, 2014, 05:42:43 PM |
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Masternode payments cannot be cheated. If you use outdated versions or otherwise modify your MN's code, your votes will be rejected.
"
Each round, a winning Masternode is chosen to carry out Darksend transactions. This process is carried out by the individual nodes across the network independently using the masternode election algorithm. This algorithm chooses a winning node for Darksend, but there is also a runner up, third, forth, fifth place, etc.
Utilizing this code, we can make a deterministic list of the “top 10 masternodes” with the winning scores. These will be the same nodes accross the network and they will vote on who they believe should get paid for that round. The winning Masternode will be the one with the most votes (up to 10 votes) and the network will reject blocks not containing that payment entry."
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Brilliantrocket
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July 15, 2014, 05:51:38 PM |
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That can be fixed instantly by turning enforcement on, but will not be until the new voting system is implemented in 2 weeks. |
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illodin
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July 15, 2014, 05:55:31 PM |
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https://darkcointalk.org/threads/rc4-development-and-path-going-forward.1604/With this launch, we introduced a new soft-fork method, which some users have affectionately dubbed the “spork”. As clients update, new features - Masternode payments, in this case - are implemented and available, though not strictly enforced by the network. After almost all users are updated, the fork can be remotely activated, which would enforce the new feature rules. If successful, the new feature(s) would be permanently activated and enforced. If unsuccessful, enforcement can be deactivated remotely for the whole network without the need for users to update their clients. In the latter case, a checkpoint would be added to put the whole network back on the same chain.
This allows us to test higher risk, innovative features in mainnet without having to hard fork the network and without the risk of a live rollback where all users must update.
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HardwarePal
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July 15, 2014, 06:01:04 PM |
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So Evan is the central banker here I guess ?
He couldnt implement Masternode payments so now decides to tax miners 20% ?
I personally have DRK but I think its time to part with them.
Next he is going to make DRK POS and cut supply (LMFAO)
Sorry guys but thats not how cryptos work.
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illodin
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July 15, 2014, 06:13:48 PM |
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So Evan is the central banker here I guess ?
Every coin dev has a lot of power on how things will develop, when the coin is still new. He couldnt implement Masternode payments so now decides to tax miners 20% ?
What does that even mean? |
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Brilliantrocket
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July 15, 2014, 06:24:12 PM |
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So Evan is the central banker here I guess ?
He couldnt implement Masternode payments so now decides to tax miners 20% ?
I personally have DRK but I think its time to part with them.
Next he is going to make DRK POS and cut supply (LMFAO)
Sorry guys but thats not how cryptos work.
Please wise one, continue to tell us how cryptos work while we create the first viable ecash. |
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Its About Sharing
Legendary
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Activity: 1442
Merit: 1000
Antifragile
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July 15, 2014, 06:27:24 PM |
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That is my first post of that link and you call it "cluttering" the thread? And you have to add the "Unlike you" comment, just to rub it in? I missed the OP's comment and didn't realize it was bad to post a list, but then what do you go ahead and do? Post a link with that list and your responses to it? Double standard, no? I did go and read through your link however, and I did so twice. Your arguments are not very convincing and I'll leave it at that. I am not against DRK, though I did sell off what I had of it and put it into XMR, (and for the sake of transparency) I did the same with my remaining LTC. I'm a bit in Counterparty as well but moved my NXT holdings into XMR as well. Looking forward to what Ethereum comes to be too. I think there is room for a few Anonymous coins to coexist. But, I've made my "bet", for now anyway. If DRK changes things to come up to par with XMR I might reconsider, but the instamine would not be fixed and that is worrisome, as is some of the other "dark" things that have been repeatedly brought up about DRK. Its about sharing |
BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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illodin
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July 15, 2014, 06:34:55 PM |
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That is my first post of that link and you call it "cluttering" the thread? And you have to add the "Unlike you" comment, just to rub it in? I missed the OP's comment and didn't realize it was bad to post a list, but then what do you go ahead and do? Post a link with that list and your responses to it? Double standard, no?
Yes, please read the earlier posts in this thread when the back and forth was going on. We don't want another round of the same. |
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darkota
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July 15, 2014, 06:43:27 PM |
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That is my first post of that link and you call it "cluttering" the thread? And you have to add the "Unlike you" comment, just to rub it in? I missed the OP's comment and didn't realize it was bad to post a list, but then what do you go ahead and do? Post a link with that list and your responses to it? Double standard, no?
Yes, please read the earlier posts in this thread when the back and forth was going on. We don't want another round of the same. Illodin's "arguments" were answered as well by myself around 10 pages back and by reading those posts and their "responses", anyone can see that the outcome of that debate is obvious  . I listed everything(flaws for drk, gmaxwells comments over drk, anonymints comments over drk) and answered all to what they said. I don't want to get into it since OP says all points have already been made and not to talk about it anymore. |
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illodin
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July 15, 2014, 06:47:38 PM |
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That is my first post of that link and you call it "cluttering" the thread? And you have to add the "Unlike you" comment, just to rub it in? I missed the OP's comment and didn't realize it was bad to post a list, but then what do you go ahead and do? Post a link with that list and your responses to it? Double standard, no?
Yes, please read the earlier posts in this thread when the back and forth was going on. We don't want another round of the same. Illodin's "responses" were answered as well by myself around 10 pages back and by reading those posts and their "responses", anyone can see that the outcome of that debate is obvious  , I listed everything(flaws for drk, gmaxwells comments over drk, anonymints comments over drk) and answered all to what they said. I don't want to get into it since OP says all points have already been made and not to talk about it anymore. Yes you do, because you added your subjective opinion "outcome of that debate is obvious". But I won't drag myself down to your level. |
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Este Nuno
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Activity: 826
Merit: 1000
amarha
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July 15, 2014, 07:07:35 PM |
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I'm unsure if I made the right choice in putting 25% of my trade towards BBR instead of putting it all in XMR.
I'm pretty confident that I'll be able to make a profit on the XMR, but I'm also making a big assumption that BBR is going to follow XMR like it did before.
Do people still feel that BBR is heavily correlated with XMR? It has not stayed at a consistent 25% like it was a little while ago. I don't know if that signals a change or not. The fact that the market has let it trade at a deeper discount might indicate something, but I'm not sure.
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GreekBitcoin
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Activity: 1428
Merit: 1001
getmonero.org
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July 15, 2014, 07:09:51 PM |
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I'm unsure if I made the right choice in putting 25% of my trade towards BBR instead of putting it all in XMR.
I'm pretty confident that I'll be able to make a profit on the XMR, but I'm also making a big assumption that BBR is going to follow XMR like it did before.
Do people still feel that BBR is heavily correlated with XMR? It has not stayed at a consistent 25% like it was a little while ago. I don't know if that signals a change or not. The fact that the market has let it trade at a deeper discount might indicate something, but I'm not sure.
I put like 5-10% on BBR too. Once monero goes better i am sure it will follow. After all it is the only serious CN coin after Monero out there... 25% was too much though, i think. |
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statdude
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Activity: 1498
Merit: 1000
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July 15, 2014, 07:10:27 PM |
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I'm unsure if I made the right choice in putting 25% of my trade towards BBR instead of putting it all in XMR.
I'm pretty confident that I'll be able to make a profit on the XMR, but I'm also making a big assumption that BBR is going to follow XMR like it did before.
Do people still feel that BBR is heavily correlated with XMR? It has not stayed at a consistent 25% like it was a little while ago. I don't know if that signals a change or not. The fact that the market has let it trade at a deeper discount might indicate something, but I'm not sure.
Do you this BBR will overtake the 25% rate for XMR really? If not you're wasting upside. I'm not against investing in other Cryptonotes. But why would BBR keep 25% pace with XMR? |
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