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Author Topic: [ANN] ◢◣ BurnerCoin x13 PoW+PoS ◢◣ Android Game available on play store!  (Read 122753 times)
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Joe Budden
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June 25, 2014, 05:18:44 PM
 #1181

Who will be first polo or mintpal? 

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June 25, 2014, 05:26:12 PM
 #1182

Who will be first polo or mintpal? 

Both should collaborate and add at same time lol  Grin

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gorgo
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June 25, 2014, 05:27:09 PM
 #1183


You and everyone else are making assumptions. The dev has not gone into details and gave a simple explanation.


1. The Blockchain is always involved in a transaction (if you know how cryptocurrencies work you might understand why)

If the client is sending the wallet.dat or something similar, technically it is avoiding the blockchain. If I create a wallet and put 50 burnercoins in it, and then I email you that wallet, there is no trace of me sending you that 50 burnercoins in the blockchain.

Call it put 50 burnercoins in it if you like
fact is that happens on the blockchain


2. this does not add any kind of anonimity
That depends on what he is doing before he sends the file.

no it does not it is just a simple transaction

3. it requires you to trust the sender since he created the wallet address and could be keeping the priv. key to tranfer the coins somewhere else before you have a chance to do so
That is if the users has access to that information. Maybe the dev is encrypting the file.

it only requires a modified client to copy the file somewhere else before its encrypted

4. why not just create the wallet on the receiver side. Would be more secure (no priv. key over the wire, even if its ssl encrypted) and trustless (burnerconnect seems here like a complicated way to achieve a simple thing)

Think about your solution, that wouldn't work.

it would since you already have a direct connection he could just hand over the public key


 
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June 25, 2014, 05:31:07 PM
 #1184

They are not outside the blockchain..

Its like taking your wallet.dat and emailing it to someone else.

They open it, and have access to the coins located on the blockchain as they were before.

The coins are on the blockchain, but they never move.

that would require you to already have the exact amount of coins you want to send in a wallet address
I'm sure it will be streamlined and simplified for the end users.  My explanation was as generic as I could explain it based on my understanding of the dev's post.
gorgo
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June 25, 2014, 05:38:37 PM
 #1185

They are not outside the blockchain..

Its like taking your wallet.dat and emailing it to someone else.

They open it, and have access to the coins located on the blockchain as they were before.

The coins are on the blockchain, but they never move.

that would require you to already have the exact amount of coins you want to send in a wallet address
I'm sure it will be streamlined and simplified for the end users.  My explanation was as generic as I could explain it based on my understanding of the dev's post.

The point is that you will need the blockchain to create a new wallet with the amount of coins you want to send
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June 25, 2014, 05:50:17 PM
 #1186

The point is that you will need the blockchain to create a new wallet with the amount of coins you want to send

Yea I agree. The Blockchain has to be invovled in some way. But I think the dev meant when sending the coins to the receiver you are avoiding the blockchain. He did not go into details with what happens before the coins/wallet is sent.
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June 25, 2014, 06:34:22 PM
 #1187

Hey everyone
This has created a lot of attention and I'm getting bombarded with messages right now.

The BurnerConnect announcement only gives a brief outline of how the technology will work, we will give you more in depth details in the next few days, but right now we're really busy with the beta testing and improving the technology.

Thanks
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June 25, 2014, 06:36:06 PM
 #1188

Just received an email that I can beta test BurnerConnect soon.  I'm traveling for work but will advise once I get the link/instructions and can get to a PC.  

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June 25, 2014, 09:15:32 PM
 #1189

Really greate job Dev!


All my XST coins are stolen Sad feel free to donate some XST to RzPMCaQxjxCNCyw2eiYsLqU2MWe45vFfLU I really appreciate that!
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June 25, 2014, 10:27:46 PM
 #1190

Poloniex is adding SummerCoin v2 today. That means Burner is next in line to be added! We have to keep voting to keep our position in line: https://www.poloniex.com/voting

We are at the final stretch, lets keep the voting up  Grin
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June 26, 2014, 12:43:50 AM
 #1191

I sense a pump.

Id say I smell a pump, but that just wouldn't be the right thing to say.


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June 26, 2014, 12:57:10 AM
 #1192

LOL to above pic

but yeah, Burner extremely undervalued considering clean code, TOR, Google play game, low coin count, auto enthusiast relevance, developing BurnerConnect, and most importantly, an active and credible DEV.  Screw all that innovation talk, fun and real world usage is what matters.  In two weeks mind you.  

It's like some kids expect a time machine to be unveiled or something or money to fall out of the sky.  
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June 26, 2014, 01:11:21 AM
 #1193

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June 26, 2014, 08:30:54 AM
 #1194

Whoa! The buy pressure is building up! Shocked I will buy a bit more before I can't anymore at this price.  Grin
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June 26, 2014, 08:39:36 AM
 #1195

Whoa! The buy pressure is building up! Shocked I will buy a bit more before I can't anymore at this price.  Grin

Yeah! Wee all do that...belivers... Smiley

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June 26, 2014, 10:16:18 AM
 #1196

Voting  at   POLO   is   first. Cheesy Cheesy Cheesy
BurnerCoin
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June 26, 2014, 10:52:44 AM
 #1197

Yes we are now first on the voting table Cheesy
But don't stop voting as we need to maintain that leader spot !

https://www.poloniex.com/voting
https://www.mintpal.com/voting#BURN
zhonghao110
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June 26, 2014, 11:55:08 AM
 #1198

Yes we are now first on the voting table Cheesy
But don't stop voting as we need to maintain that leader spot !

https://www.poloniex.com/voting
https://www.mintpal.com/voting#BURN





+1+1+1+1+1

Developers, awesome
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June 26, 2014, 12:23:18 PM
 #1199

Yes we are now first on the voting table Cheesy
But don't stop voting as we need to maintain that leader spot !

https://www.poloniex.com/voting
https://www.mintpal.com/voting#BURN


on what day polo ads the voting winners? every wednesday?
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June 26, 2014, 01:00:17 PM
 #1200

A little more information for you.

http://i57.tinypic.com/2cogbgl.png



For the past 24 hours I have been answering media questions. Expect a few new articles sometime today or tomorrow. BURN is now number 1 on Poloniex voting chart. If we can keep the top spot we will be added soon  Grin


I want to thank everyone for their questions. I would like to better explain the technology.

With BurnerConnect our approach to anonymity is a bit different. We are not attempting to disguise the original sender, but we are disguising the amount of coins sent to one receiver. It is well known that smaller transactions are less scrutinized than larger ones. BurnerConnect solves sending large transactions by breaking up the transaction into smaller wallets and then sending the wallets to the receiver via a secure connection. The wallets are encrypted and the sender will no longer have access to the coins once the wallets are received.

This is how it works:

1. The sender enters the amount to be sent and the BurnerConnect address of the receiver.

2. Multiple wallets are created depending on the amount of BurnerCoins being sent. Our algorithm determines the amount of wallets to be created. The wallets created are not the same as the wallet.dat file. The sender does not have direct access to the BurnerConnect wallets created during the sending process.

3. The amount of BurnerCoins are randomly sent to each wallet and the wallets are encrypted.

4. Each wallet is then sent directly to the receiver's client via a secure connection.

5. The receiver's client automatically decrypts and imports each wallet individually, and then each of the wallets are handled separately within the client.

6  These wallets are maintained in a separate window from the receivers default wallets.

7. The receiver can then transfer the coins to one wallet, or send the coins to another recipient from each individual wallet.

8. The receiver can delete BurnerConnect wallets that are empty. They are treated as "temporary" wallets.

Our technology makes it much easier to break up large transactions into smaller transaction. This feature was not designed for everyday use because we feel most transactions do not require anonymity or disguising the amount of coins being sent.

If you wanted to do the same thing above you would first have to ask the receiver to create multiple new wallets and then have the receiver send you the address for each wallet. You will then have to manually send the coins to each wallet. Our technology does not depend on a 3rd party server or external mixer. There is less risk involved with our solution.

Remember Tor anonymity can be used for everyday transactions if the sender doesn't want to use BurnerConnect.
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