Bitcoin Forum
April 25, 2019, 05:00:55 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Do you Accept Komodo ICO conversion vs Reject Komodo ICO conversion and fund new dev team?
Accept - 140 (68%)
Reject - 66 (32%)
Total Voters: 206

Pages: « 1 ... 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 [93] 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 ... 551 »
  Print  
Author Topic: BTCD is no more  (Read 1312717 times)
damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
July 22, 2014, 06:53:10 PM
 #1841

Hello!

I am part of BTCD community now and I happen to be developing a cryptonote fork to add anon features to NXT. It turns out that my methods should apply to BTCD also. I will be working on integrating cryptonote tech into BTCD, but it is more than "just" cryptonote anon tech as I am also making my solution include a near realtime exchange (InstantDEX) so people can directly trade just by running the coin.

How will all this work you ask?
https://github.com/jl777/pNXT has the current source code and it is rapidly being developed.

Once InstantDEX is done, I will be adding Privatebet (peer to peer sportsbook) to the pNXT framework, plus the way it is implemented there is no reason any other number of useful services cant be added.

My efforts are in parallel with all the other BTCD coders and I try to design a clever way to integrate to require minimal changes to the BTCD codebase. So, if I succeed, then all the peoples selling at current prices will not be so happy.
There is no reason that other anon tech in BTCD can't combine with the cryptonote tech, in fact pushing tx through two independent anon algos would only help if it is done properly. So, I bring very good news to BTCD and now I expect a massive in increase in the FUD level Smiley

James

P.S. I am not so active on BTT, but you can find out more about me on NXT forums and jl777.org

Will the cryptonote tech lead to any issues with blockchain bloat?


yes,blockchain bloat is an issue for all cryptonote coins, however I chose the boolberry fork to base my work on as it was the most advanced as far as blockchain pruning and just being more efficient. However, I have a plan to use a blockchain FIFO to deal with whatever bloat issues we get. There is no reason to store the entire blockchain, but you do have to process it once. A FIFO is perfect for that, just set the FIFO size to the max lookback window into the blockchain dataset you need (of course you need to store all the keyimages, but that is smaller than the full blockchain). Then after loading the blockchain the first time, all that is left in memory is the FIFO. So as long as you have HDD space you are fine, not limited by system RAM

James

P.S. I am also toying with the idea of using the cryptonote blockchain as a sidechain and maintaining a decentralized ledger. Then we can simply toss the blockchain as soon as there is consensus. However, this is pretty tricky, so most likely not for the first version.

It hasn't been done yet because you if you ever need to revert the blockchain because of a fork, or if an exchange is hacked, then you cannot.

This just encourages hackers to infiltrate exchanges, or even exchanges themselves to take the coins because they know they have them permanently.

Cool idea though.

Well klee lost over 1000 bitcoins last week when he was hacked,  no mention of reverting the blockchain then.   Fork idea ill let someone else answer.  I dont agree with what vericoin did on that fork.  It should of been mintpals responsibility to pay everyone back even if it put them out of business.

If someone isn't responsible keeping their coins secure it is there fault
100% New Software
PC, Mac, Android, & HTML5 Clients
Krill Rakeback
Low Rake
Bitcoin Poker 3.0
Bad Beat Jackpot
SwC Poker Relaunch
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1556211655
Hero Member
*
Offline Offline

Posts: 1556211655

View Profile Personal Message (Offline)

Ignore
1556211655
Reply with quote  #2

1556211655
Report to moderator
xtent
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
July 22, 2014, 06:58:08 PM
 #1842

There are not many coins to go around, I still think this price will be going higher, not sure why anyone would be selling really.

So what is going on with the China markets?
gitbknowsall
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
July 22, 2014, 07:01:28 PM
 #1843

There are not many coins to go around, I still think this price will be going higher, not sure why anyone would be selling really.

So what is going on with the China markets?

Good question would be nice to get some help from the community to get the ball rolling Cheesy
Starfleet.Intelligence
Full Member
***
Offline Offline

Activity: 237
Merit: 100


View Profile
July 22, 2014, 07:03:53 PM
 #1844

Seems there is big sale %%% on bittrex...  Roll Eyes
damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
July 22, 2014, 07:06:45 PM
 #1845

Seems there is big sale %%% on bittrex...  Roll Eyes

someone pushed the price down into the orders or 116k-118k
gitbknowsall
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


View Profile
July 22, 2014, 07:07:30 PM
 #1846

Seems there is big sale %%% on bittrex...  Roll Eyes

yea I missed that one... note to self set low buys before having a break.
IceColdTommy
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
July 22, 2014, 07:08:19 PM
 #1847

Seems there is big sale %%% on bittrex...  Roll Eyes

someone pushed the price down into the orders or 116k-118k
thanks for the one, just bought more in Smiley
Starfleet.Intelligence
Full Member
***
Offline Offline

Activity: 237
Merit: 100


View Profile
July 22, 2014, 07:09:00 PM
 #1848

Seems there is big sale %%% on bittrex...  Roll Eyes

yea I missed that one... note to self set low buys before having a break.

The transition to bittrex is one of the fastest among the exchanges I know. But in this case not that quick to get a catch for a buy Angry
geekynoob
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
July 22, 2014, 07:10:31 PM
 #1849

Took a crack at a new logo. Thoughts?  :/

http://s23.postimg.org/yoyh95qdn/btcd.jpg

Donations welcome: RGb89Xv4NRsAasi9a8Go9Ak9SNkoFocrEX

Smiley
koralon
Full Member
***
Offline Offline

Activity: 185
Merit: 100


View Profile
July 22, 2014, 07:20:00 PM
 #1850

Took a crack at a new logo. Thoughts?  :/



Donations welcome: RGb89Xv4NRsAasi9a8Go9Ak9SNkoFocrEX

Smiley

How about.. no.
shivamchawla
Sr. Member
****
Offline Offline

Activity: 466
Merit: 250


View Profile
July 22, 2014, 07:20:14 PM
 #1851

Glad to see BitcoinDark doing so good in the market. I just wrote another article on bitcoindark regarding all the recent developments
http://www.cryptoslice.com/bitcoindark-way-become-first-fully-anonymous-coin/
$howmetheMoney
Member
**
Offline Offline

Activity: 74
Merit: 10


View Profile
July 22, 2014, 07:21:30 PM
 #1852

Hello!

I am part of BTCD community now and I happen to be developing a cryptonote fork to add anon features to NXT. It turns out that my methods should apply to BTCD also. I will be working on integrating cryptonote tech into BTCD, but it is more than "just" cryptonote anon tech as I am also making my solution include a near realtime exchange (InstantDEX) so people can directly trade just by running the coin.

How will all this work you ask?
https://github.com/jl777/pNXT has the current source code and it is rapidly being developed.

Once InstantDEX is done, I will be adding Privatebet (peer to peer sportsbook) to the pNXT framework, plus the way it is implemented there is no reason any other number of useful services cant be added.

My efforts are in parallel with all the other BTCD coders and I try to design a clever way to integrate to require minimal changes to the BTCD codebase. So, if I succeed, then all the peoples selling at current prices will not be so happy.
There is no reason that other anon tech in BTCD can't combine with the cryptonote tech, in fact pushing tx through two independent anon algos would only help if it is done properly. So, I bring very good news to BTCD and now I expect a massive in increase in the FUD level Smiley

James

P.S. I am not so active on BTT, but you can find out more about me on NXT forums and jl777.org

Will the cryptonote tech lead to any issues with blockchain bloat?


yes,blockchain bloat is an issue for all cryptonote coins, however I chose the boolberry fork to base my work on as it was the most advanced as far as blockchain pruning and just being more efficient. However, I have a plan to use a blockchain FIFO to deal with whatever bloat issues we get. There is no reason to store the entire blockchain, but you do have to process it once. A FIFO is perfect for that, just set the FIFO size to the max lookback window into the blockchain dataset you need (of course you need to store all the keyimages, but that is smaller than the full blockchain). Then after loading the blockchain the first time, all that is left in memory is the FIFO. So as long as you have HDD space you are fine, not limited by system RAM

James

P.S. I am also toying with the idea of using the cryptonote blockchain as a sidechain and maintaining a decentralized ledger. Then we can simply toss the blockchain as soon as there is consensus. However, this is pretty tricky, so most likely not for the first version.

It hasn't been done yet because you if you ever need to revert the blockchain because of a fork, or if an exchange is hacked, then you cannot.

This just encourages hackers to infiltrate exchanges, or even exchanges themselves to take the coins because they know they have them permanently.

Cool idea though.

Well klee lost over 1000 bitcoins last week when he was hacked,  no mention of reverting the blockchain then.   Fork idea ill let someone else answer.  I dont agree with what vericoin did on that fork.  It should of been mintpals responsibility to pay everyone back even if it put them out of business.

If someone isn't responsible keeping their coins secure it is there fault

The vericoin protocol was to blame not the exchange. Otherwise the hackers would have just attacked bitcoin or litecoin.

If the vericoin developer had done what the BTCD developer is proposing (blockchain ledger), then everyone would have lost their money, and the hacker wins.

You need to be able to roll back the chain if something as significant as an exchange getting hacked happens, look at MTgox, that is what happens when they don't roll back the blockchain.

CryptoNote inevitably bloats the blockchain at an exponential rate. Period.
meccoin4me
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Bitcoin is getting bigcoin


View Profile
July 22, 2014, 07:30:52 PM
 #1853

i have a great believe in darkcoin , sold all my other coins and going all-in on BTCD , is going well today

love BTCD

https://bitcointalk.org/index.php?topic=1155319.0  DELTACREDITS , great coin , great idea behind
xtent
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
July 22, 2014, 07:32:24 PM
 #1854

i have a great believe in darkcoin , sold all my other coins and going all-in on BTCD , is going well today

love BTCD

If this hits the China exchanges, I can see .01 happening quickly.
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1089


View Profile WWW
July 22, 2014, 07:33:44 PM
 #1855

Good work JL777!

Don't forget to finish MGW for Nxt also  Tongue
There are currently no known bugs for MGW, also I released Universal MGW that allows anybody to host a MGW server for dozens of different gen1 coins.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
BDdomino
Newbie
*
Offline Offline

Activity: 57
Merit: 0


View Profile
July 22, 2014, 07:37:25 PM
 #1856

Took a crack at a new logo. Thoughts?  :/

http://s23.postimg.org/yoyh95qdn/btcd.jpg

Donations welcome: RGb89Xv4NRsAasi9a8Go9Ak9SNkoFocrEX

Smiley
Horrible sorry...
jl777
Legendary
*
Offline Offline

Activity: 1176
Merit: 1089


View Profile WWW
July 22, 2014, 07:37:41 PM
 #1857

Btw, this is how easy this 'CryptoNote' protocol is to implement.

https://cryptonotestarter.org/

Ring signatures bloat the blockchain insanely as well. Monero's is almost 1 gigabyte now and it was 100 megabytes 20 days ago.

However, I will give it to the developer; you perfected the initial distribution and PoW.

This coin will trump Monero (100%) because of that, plus since the network is supported by ASICS, the speeds will be faster.

But, again, this coin is no less, and no more anonymous than any other CryptoNote coin, Boolberry, Monero, Bytecoin.

Also ring signatures are not the same as stealth addresses, but they are VERY similar. It's like a stealth address collective, that the receiver signs with a one time key.





I chose BBR due to its superior code base to base pNXT on.
If you actually read my post about privacyServers, your will realize that ring signatures is just one possible means for anon tech. When zerocash comes out, it will be another. Also, you never know, I just might have my own method.
What happens if I am able to combine all of them?

So, please study my post on privacyServer and tell me how this is similar in ANY way to other cryptonotes. In ANY way??

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
meccoin4me
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Bitcoin is getting bigcoin


View Profile
July 22, 2014, 07:41:36 PM
 #1858

i have a great believe in darkcoin , sold all my other coins and going all-in on BTCD , is going well today

love BTCD

If this hits the China exchanges, I can see .01 happening quickly.

blieve in it to

https://bitcointalk.org/index.php?topic=1155319.0  DELTACREDITS , great coin , great idea behind
xtent
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
July 22, 2014, 07:43:53 PM
 #1859

i have a great believe in darkcoin , sold all my other coins and going all-in on BTCD , is going well today

love BTCD

If this hits the China exchanges, I can see .01 happening quickly.

blieve in it to

I love the fact, my buy orders are still getting filled.
ebliever
Legendary
*
Offline Offline

Activity: 1638
Merit: 1022


View Profile
July 22, 2014, 07:45:16 PM
 #1860

Took a crack at a new logo. Thoughts?  :/



Donations welcome: RGb89Xv4NRsAasi9a8Go9Ak9SNkoFocrEX

Smiley
Horrible sorry...

Sorry, I have to give it a thumbs down as well. The logo on the OP does need updating though, IMHO.

Luke 12:15-21

Ephesians 2:8-9
Pages: « 1 ... 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 [93] 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 ... 551 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!