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Author Topic: BTCD is no more  (Read 1327499 times)
Nthused
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October 15, 2014, 01:55:53 AM
 #7121

When the new features are eventually implemented this coin is going to become Boss !
"Apparently, so I am told, there exist "people" who prefer to wipe sitting down. From the front. Initial research indicates it could be up to half the population." -- benjamindees
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October 15, 2014, 02:22:21 AM
 #7122

I have coins bought from .009 up to .015 and coins recently bought at around .008 and lower. Still holding because what James is doing is revolutionary. Real community members don't need me to tell them, they all know. Cheaper coins, more for us.
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October 15, 2014, 02:26:00 AM
 #7123

I have coins bought from .009 up to .015 and coins recently bought at around .008 and lower. Still holding because what James is doing is revolutionary. Real community members don't need me to tell them, they all know. Cheaper coins, more for us.
I am thinking of calling the new sending method "Telepathy" as it is similar to that in that there is no indication that any communication has happened. Just a communication between two people that nobody else knows is even happening. Actually quite a good explanation for what I have come up with.

Certainly as big an achievement as Teleport and much easier for people to analyze its details

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
positivehigh
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October 15, 2014, 03:27:48 AM
 #7124

Telepathy? New idea  but people want to see first the launch of the past ideas. I wanna know if its time to sell so i can buy more when the price gets much lower. Im afraid that its too late to do now?
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October 15, 2014, 03:51:11 AM
 #7125

Telepathy? New idea  but people want to see first the launch of the past ideas. I wanna know if its time to sell so i can buy more when the price gets much lower. Im afraid that its too late to do now?
Time to sell??  The price has dropped > 50% from its ATH.  No now is not the time to sell.  It is time to buy!

What are you afraid of?  That the price will never recover higher than it is now?  If so then this coin is not for you.

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October 15, 2014, 03:53:43 AM
 #7126

Telepathy? New idea  but people want to see first the launch of the past ideas. I wanna know if its time to sell so i can buy more when the price gets much lower. Im afraid that its too late to do now?
Telepathy is part of the past ideas, just a really cool instantiation of it.
If you want a cut and paste coin, I highly recommend LTCD

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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October 15, 2014, 03:56:46 AM
 #7127

By the way, onion routing and DHT appears to be working in the test network. I havent seen a crash all day and once two nodes are in contact, I havent seen any decryption problems and I am using up to 7 onion layers

it is a test network but running on the mainnets

As we get more people using it, we will push the limits and if it holds up under load, then it is near ready for larger and larger deployment

James


http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jd1959
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October 15, 2014, 04:32:21 AM
 #7128

By the way, onion routing and DHT appears to be working in the test network. I havent seen a crash all day and once two nodes are in contact, I havent seen any decryption problems and I am using up to 7 onion layers

it is a test network but running on the mainnets

As we get more people using it, we will push the limits and if it holds up under load, then it is near ready for larger and larger deployment

James


THANK YOU sounds fantabulisticly awesome, great work

Jon  Grin

          dICO Disguised Instant Cash Out
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October 15, 2014, 06:28:56 AM
 #7129

I would encourage that we not start with new words (telepathy, and please please please not "magic send"). Is not teleporting still the main concept? It is an established term now, one that btcd is known for and alot of people are waiting on.  Does this not suffice for the name?
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October 15, 2014, 07:46:26 AM
 #7130

Let us not raise objections about what something may or may not be called when the big picture is that things are moving forwards in a very promising direction.

I am not a project manager, so please do not go thinking I am PRINCE2 or Agile qualified or anything like that. (I cannot begin to tell you how bad a move that would be.) However, as a relative newcomer to BTCD - I think it was July - I feel I have earned the right to ask some stupid questions:

Who is working on the GUI? Is it funded? Is there an ETA? Is there anything you need to help you?

Who is currently testing the API? This doc: https://docs.google.com/document/d/1CGUgDAhimVhz7aHAnITeZGr2S4RiZPzF2LYZIWGbJ1E/edit gives installation instructions. There is more on the SuperNET forums and Slack channels for those who are interested. Please pitch in. This is really important if you want to see progress. What is stopping people from getting involved in this?

What are the current bottlenecks to completion?

I am no kind of community organiser. But perhaps we can start asking the right questions of the right people, showing them some appreciation and giving them some incentive to complete their work. Perhaps it is not a coincidence that the current price of 1 BTCD is about the same as a beer or a latte (in the US; in the UK, where quality and taxes are higher, it is 2 BTCD). People will also know where to volunteer if there are gaps.
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October 15, 2014, 08:54:36 AM
 #7131

I would encourage that we not start with new words (telepathy, and please please please not "magic send"). Is not teleporting still the main concept? It is an established term now, one that btcd is known for and alot of people are waiting on.  Does this not suffice for the name?
Teleporting is for sending of funds
Teleporting uses the privacyNetwork
other things can use the privacyNetwork

whatever it is called, the sending of data from one person to another without anybody knowing the IP address is quite a fundamental thing.

after doing the following API (one on each computer):
./BitcoinDarkd SuperNET '{"requestType":"mindmeld","myname":"yourhandle","other":"otherhandle"}'
./BitcoinDarkd SuperNET '{"requestType":"mindmeld","myname":"otherhandle","other":"yourhandle"}'

The following happens:

38 28 33 33 40
28 32 31 27 28
33 31 29 32 35
33 27 32 33 31
40 28 35 31 30
dist from privateaddr above -> bestmetric 0.632 avedist 31.8
31 28 33 33 40
28 31 31 27 28
33 31 30 32 35
33 27 32 32 31
40 28 35 31 31
bestaddr.3397518935526591714 bestmetric 0.632
Other pubkey.(c330e6542defef123504ebe247603008df234859ee55225d1124534462436b1b)
10694781281555936856 8894667849638377372 13434315136155299987 17572279667799017517 18429876966171494368 mytxid.7232362215934077752 othertxid.6762902089573300365 | myaddr.2834459742776037913

############# other node

28 31 28 27 28
31 35 33 32 35
28 33 40 33 40
27 32 33 35 31
28 35 40 31 34
dist from privateaddr above -> bestmetric 0.632 avedist 31.8
31 31 28 27 28
31 32 33 32 35
28 33 31 33 40
27 32 33 30 31
28 35 40 31 31
bestaddr.7112391407263245770 bestmetric 0.632
Other pubkey.(ffe89032a5d457014b02c704a7b19eede4cfce1fc83fa554f0e875098d06240f)
8894667849638377372 13434315136155299987 10694781281555936856 17572279667799017517 18429876966171494368 mytxid.6762902089573300365 othertxid.7232362215934077752 | myaddr.5558871420373351853

I am displaying the distance from the actual private address (red) in the top matrix and the distance from the deaddrop address (blue) in the bottom matrix. In DHT the distance is really the only useful information about an address. The red address is NEVER sent publicly, only the publickey is put into the cloud in a location based on the handles the two people use, so it is "published" as anybody can access them, but generally public keys are public so this is much less info than normal.

Once both sides exchange public keys, they then can encrypt and only then are the deaddrop addresses exchanged. Notice the difference in the account numbers red vs blue. what is more important is that the distance of the blue addresses from the other nodes:

31 31 30 32 31
31 32 31 30 31
 
as opposed to the red addresses:

38 32 29 33 30
28 35 40 35 34

Keep in mind the average distance is 31.8, so let us assume that someone the blue address is compromised. What does it divulge?

It is pretty much equal distance from all the other nodes (including the actual source and destination), so it is like camouflauge. Even if the attacker got the blue address, it certainly cant lead to the red address and it just ends up saying equal chance for any of the nodes to be yours, basically useless guessing. As the network grows, the effect becomes stronger, though finding addresses that are equidistant from a large number of addresses becomes more and more difficult so there will be an eventual cap on the anon set from this.

Notice that not only is the IP address not known, but the destination acct address is not known either, in fact there is no actual destination account, that is how I know it cant be divulged. The destination is the publickey that is generated each session (or transaction), so if there is no account, then it cant be correlated to the IP address. Even when there are a small number of nodes, there is privacy with this method and I believe that is quite unique.

This does raise the issue of spoofing, so there will need to be authentication of some public account before any transactions are done, but there is now an automatic cloud based public key exchange based on user handles, no crazy long numbers to deal with.

Now with a secure link between two nodes, the teleporting is basically done other than the accounting, which is just normal arithmetic. still quite important, but no need for any magic, so it shouldnt take too long. Anyway I have to make sure each step is as solid as possible and I hope you can understand this. If I miss some major flaw, then what happens to the price? Should I rush something out and then we find a weakness that could have been avoided?

What would happen if after releasing Teleport++ nobody can find any flaws? What if it allows fully anonymous transactions and communications over the internet? I think it has been about 2 months since the initial Teleport concept to now. Is this really such a long time? If so, then I suggest to sell all the BTCD as it wont be finished in the next 48 hours. In the two months, I also did a little ICO that boosts the potential audience tenfold and I still predict that I wont be the bottleneck for completing the release.

So, if you want something right now, then I suggest to sell all your BTCD and buy LTCD, I hear they are soon coming out with some fantastic cut and paste. Please put things in perspective. Just how long should it take to implement Teleport? Do you think stressing me out with some artificial deadlines will help?

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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October 15, 2014, 08:58:34 AM
 #7132

We need to buy more to raise the price to stabilized at about 0.01 btc . If major investors don't do it , So should expect to have higher sales and lower prices. Last week I tried to control prices by buying more than 10,000 BTCD , But now finished my BTC and I'm constantly on the further loss Because other major investors don't have any reaction to the current situation.

All just talking fine, but in action... Sad

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October 15, 2014, 09:05:18 AM
 #7133

jl777
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October 15, 2014, 09:08:00 AM
 #7134

It seems there is a market wide selloff in all the anon coins:

DRK -13%
XMR -12%
BTCD -22%
ANC -20%
BBR -20%

but cannabiscoin is up on strong volumes. It seems that some anon whale is divesting big percentage of his anon holding. 1% of BTCD was sold in one day and that would be like 100,000+ BTC being sold in one day!

So, the fact that BTCD is getting some fantastic new tech just during this down draft seems to be a coincidence.

Anyway, it feels like when I post tech stuff it just confuses people so maybe I will stop doing that.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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October 15, 2014, 09:10:54 AM
 #7135

We need to buy more to raise the price to stabilized at about 0.01 btc . If major investors don't do it , So should expect to have higher sales and lower prices. Last week I tried to control prices by buying more than 10,000 BTCD , But now finished my BTC and I'm constantly on the further loss Because other major investors don't have any reaction to the current situation.

All just talking fine, but in action... Sad

thank you for your support. I keep working hard to make the best tech possible. It also appears that soon we will get the servers online, which will allow me to verify the DHT and hopefully we can get an active API tester and a project manager

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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October 15, 2014, 09:34:23 AM
 #7136

Satoshi Nakamoto

BCNext

jl777


'nuff said.
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October 15, 2014, 09:39:39 AM
 #7137

We need to buy more to raise the price to stabilized at about 0.01 btc . If major investors don't do it , So should expect to have higher sales and lower prices. Last week I tried to control prices by buying more than 10,000 BTCD , But now finished my BTC and I'm constantly on the further loss Because other major investors don't have any reaction to the current situation.

All just talking fine, but in action... Sad

thank you for your support. I keep working hard to make the best tech possible. It also appears that soon we will get the servers online, which will allow me to verify the DHT and hopefully we can get an active API tester and a project manager

James

Hi James,

I'm very happy because I'm with you. I believe that what we do .
I am upset just from this tip that I can't help you in your hard work , I do not know anything of computer science and I just use it . Wink

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October 15, 2014, 10:23:07 AM
 #7138

My next crypto paycheque is going straight into BTCD at these silly, silly low prices. 5% nxtPrivacy income, staking income, SuperNET market: what sense does selling make?!
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October 15, 2014, 10:31:16 AM
 #7139

My next crypto paycheque is going straight into BTCD at these silly, silly low prices. 5% nxtPrivacy income, staking income, SuperNET market: what sense does selling make?!

Yep, there are lots of opportunities around at the moment. A fool's price decline is a wise man's buying opportunity.

Those who cause problems for others also cause problems for themselves.
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October 15, 2014, 11:19:44 AM
 #7140

James you're doing a great job man. Keep it up. Rome wasn't built in a day either  Wink
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