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Author Topic: BTCD is no more  (Read 1328438 times)
jl777
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August 18, 2014, 07:52:19 AM
Last edit: August 18, 2014, 08:05:03 AM by jl777
 #3661

Coin value has surpassed DarkCoin.  Smiley
coin price, BTCD marketcap will exceed DRK marketcap after the version that teleports BTC is released

James

Indeed. The Market Cap is the true measure.

What is your ETA for that version?
Keep up the good work.
I estimate I can get it done before we get GUI and Mac and Windows builds done by the others. I wont be the bottleneck. It will be the mundane stuff that slows the production release.

So it wont matter so much if I get it working on ubuntu and Mac BitcoinDarkd that teleports bitcoin before September, if there is no Windows and Mac QT.

Now if all the different parts do happen to come together by end of this month and the testers cant find any problems, then, at that point your guess is as good as mine. BTCD will enable BTC to be dark, cant really put a number on that.

I have been working with an Ivy league univ math prof on calculating the size of the anon set that Teleport has and as I wrote in the DarkPaper it is quite big. As the overall teleport traffic grows, the anon set grows and it becomes harder and harder for anybody to make anything but random chance correlations, but there isnt even anything to randomly correlate! If you store a telepod for any length of time, the anon set could literally be everybody that did a teleport over a day, week, month, etc.

Short of you announcing that you will be teleporting X amount at noon and the receiver says I received X amount at noon, things get so fuzzy and confused, and even in such a blatantly non-private scenario if there is a lot of other teleports going on, you still cant be sure which telepod went from you to the destination. Since there is this fundamental uncertainity over who controls the telepods at any given time, any sort of path analysis quickly becomes useless.

That is before we add trusted teleports to the equation. Once we do that, there isnt even a cloning event to latch on to. Your internet traffic would need to be monitored to even detect that you are involved in a teleport, but of course the M of N (254) fragments that are being routed or did you initiate that?, it will be like trying to find a speck of white cotton in a blizzard.

I think once we get things setup we can have some sort of challenge to see if anybody can reliably identify who paid whom, or even guess at better than random chance basis.

James


http://www.digitalcatallaxy.com/report2015.html
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jl777
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August 18, 2014, 08:15:37 AM
 #3662

seems we are running low on power, need to recharge.
getting these builds working on more than one machine is always a pain, but a necessary step
good news is I can continue pushing forward on the "magic" stuff while the rest complete the needed other parts

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
EcoChavCrypto
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August 18, 2014, 08:26:11 AM
 #3663

James, I run a screen printing project in London with a friend.  I did a prototype BlackCoin t-shirt a few months back that I didn't end up releasing to the public.  https://i.imgur.com/nZ64mVb.jpg would you be ok with me designing and selling a BTCD tee? maybe giving 5%-10% back to the dev team.

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jl777
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August 18, 2014, 08:33:07 AM
 #3664

James, I run a screen printing project in London with a friend.  I did a prototype BlackCoin t-shirt a few months back that I didn't end up releasing to the public.  https://i.imgur.com/nZ64mVb.jpg would you be ok with me designing and selling a BTCD tee? maybe giving 5%-10% back to the dev team.
Of course!
That would be great

James

P.S. BTCD .0048 and DRK .0041! .0039 .0037 .0033!?!? I think some big DRK holder just read yahoo news

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
EcoChavCrypto
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August 18, 2014, 08:40:27 AM
 #3665

James, I run a screen printing project in London with a friend.  I did a prototype BlackCoin t-shirt a few months back that I didn't end up releasing to the public.  https://i.imgur.com/nZ64mVb.jpg would you be ok with me designing and selling a BTCD tee? maybe giving 5%-10% back to the dev team.
Of course!
That would be great

James

P.S. BTCD .0048 and DRK .0041! .0039 .0037 .0033!?!? I think some big DRK holder just read yahoo news

Awesome, I will keep it simple, just the swirl and web address incorporated.  I will have to do pre orders to get the cash together for the blanks.  I will work on getting a screen and proto done some time this week.  Smiley

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torshammer
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August 18, 2014, 08:47:53 AM
 #3666

Being in this thread is like breathing fresh air compared to all the other ann threads. A completely different quality of conversation. I hope it stays this way.
EcoChavCrypto
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August 18, 2014, 08:53:34 AM
 #3667

James, I run a screen printing project in London with a friend.  I did a prototype BlackCoin t-shirt a few months back that I didn't end up releasing to the public.  https://i.imgur.com/nZ64mVb.jpg would you be ok with me designing and selling a BTCD tee? maybe giving 5%-10% back to the dev team.
Of course!
That would be great

James

P.S. BTCD .0048 and DRK .0041! .0039 .0037 .0033!?!? I think some big DRK holder just read yahoo news

Just to visualise.  Smiley I just panic bought at 0.00488888 myself.  Smiley


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bitcoinpaul
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August 18, 2014, 08:57:17 AM
 #3668

Is the Mac Wallet file corrupt? It won't open on my mac.
jl777
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August 18, 2014, 08:59:43 AM
 #3669

Being in this thread is like breathing fresh air compared to all the other ann threads. A completely different quality of conversation. I hope it stays this way.
Me too!
Other than the time the DRK troll stopped by for some nonsense, it has been a FUD free zone. I try to put any of those types on the spot to produce statements that are based on facts. That usually makes them go away.

Now we are getting to where top 10 is within sight, I expect more and more FUD from the other coins that are panicking, but most people here are very fast to demand actual facts.  I am hoping for some actual tech discussions with the FUD guys that will say Teleport wont work, but the pirates seems to have explained it clearly enough that maybe they all know that it will work. i cant wait to get the mathematical proofs that shows Teleport totally making ring signatures obsolete and that is even without the blockchain bloat issue or the risk of one day Quantum computers decoding the blockchain.

We are a few weeks away from totally changing how crypto is viewed. Some will hate this, but most will absolutely love the transformation.

Now we are creating actual massive value here, not just revolutionary functionality, but also financial value with revenue sharing unique among crypto coins. I have always said BTCD will be top 10 coin one day, even back when it was 0.00015 such a long time ago. Some of you know that I actually have set my goals a bit higher, but keep in mind that a lot of traders have BTCD and they will sell when they achieve some profits, regardless of coin's future outlook. So, price will go up, volumes go up, price comes down, volumes go down, price gradually climbs back, etc. Just because we will be going higher on the top lists doesnt mean it will be in a straight line. Volatility is expected primarily due to the massive popularity that BTCD will have.

You know my advice. Buy and HODL!

James

http://www.digitalcatallaxy.com/report2015.html
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jl777
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August 18, 2014, 09:00:30 AM
Last edit: August 18, 2014, 09:10:31 AM by jl777
 #3670

Is the Mac Wallet file corrupt? It won't open on my mac.
welcome to the neighborhood!
Mac wallet worked for me, but I get slightly better staking results using windows wallet via parallels

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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August 18, 2014, 09:13:57 AM
 #3671

Sold all my DRK, just bought BTCD.. from Dark to Dark !! Grin
bitcoinpaul
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August 18, 2014, 09:15:04 AM
 #3672

Is the Mac Wallet file corrupt? It won't open on my mac.
welcome to the neighborhood!
Mac wallet worked for me, but I get slightly better staking results using windows wallet via parallels

James

Downloading with Safari led to the problem. Firefox worked.
jl777
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August 18, 2014, 09:20:50 AM
 #3673

Sold all my DRK, just bought BTCD.. from Dark to Dark !! Grin
Welcome to the home of Teleport!

The DRK collapse is just so quick, its market cap is now less than three times BTCD, that's the marketcap!
Just 5 spots on coinmarketcap apart (I dont count bytecoin that bounces from 4 to 5 satoshis, causes big percentage changes all the time)

At this rate, BTCD could be the top ranked anon coin, as soon as Teleport is in production release, or when people are convinced that nothing will stop it from production release. I need to get some rest so I can finish the last loose ends.

James

P.S. For some reason XMR is missing?, so I think we are 6 spots away from DRK and my guess is that it wont be the top anon coin for very long as XMR or X2 will pass it very soon.

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
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August 18, 2014, 09:25:28 AM
 #3674

P.S. For some reason XMR is missing?, so I think we are 6 spots away from DRK and my guess is that it wont be the top anon coin for very long as XMR or X2 will pass it very soon.


25. XMR
jl777
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August 18, 2014, 09:26:44 AM
 #3675

Sold all my DRK, just bought BTCD.. from Dark to Dark !! Grin

P.S. For some reason XMR is missing?, so I think we are 6 spots away from DRK and my guess is that it wont be the top anon coin for very long as XMR or X2 will pass it very soon.


25. XMR
unless millions of XMR just vaporized, the coinmarket cap number is wrong.
I am pretty sure there were around 4 million XMR and not 800K

http://www.digitalcatallaxy.com/report2015.html
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SpringfieldM1A
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August 18, 2014, 09:42:15 AM
 #3676

Hi guys, I just got the word out to different channels about the press release :

Post in the BTCtalk Altcoin thread: https://bitcointalk.org/index.php?topic=744240.msg8412605#msg8412605

Post in the BTCtalk Bitcoin thread: https://bitcointalk.org/index.php?topic=744261.msg8412842#msg8412842

Post in r/BitcoinDark: http://www.reddit.com/r/bitcoindark/comments/2dvc18/bitcoin_made_anonymous_by_bitcoindarks/

Post in r/Bitcoin: http://www.reddit.com/r/Bitcoin/comments/2dvdme/bitcoin_made_anonymous_by_bitcoindarks/

Any of you regulars, please check those threads and answer questions people may have. Please remain courteous, even if we might attract some flak.
BTCD is about positivism and being impartial, the whole crypto realm can benefit from our technology.

Kind regards,

Springfield
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August 18, 2014, 10:16:31 AM
 #3677

Sold all my DRK, just bought BTCD.. from Dark to Dark !! Grin

P.S. For some reason XMR is missing?, so I think we are 6 spots away from DRK and my guess is that it wont be the top anon coin for very long as XMR or X2 will pass it very soon.


25. XMR
unless millions of XMR just vaporized, the coinmarket cap number is wrong.
I am pretty sure there were around 4 million XMR and not 800K

https://bitcointalk.org/index.php?topic=583449.msg8401623#msg8401623
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August 18, 2014, 10:28:49 AM
 #3678

How does this technology compare with the one in XMR??
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August 18, 2014, 12:02:10 PM
 #3679

So I read James' DarkPaper with much interest and was thoroughly entertained to boot. I'm a believer in POS and invest heavily in NXT (and now BTCD) compared to BTC, (probably because I missed the BTC rocket). None-the-less, I do have hardcore bitcoiner friends who did rocket and are POW hardliners.

I question the psychology of how BTCD will attract BTC hardliners and how we as a community intend to stand by POS/teleport as a means to darken BTC. In other words, maybe I don't see how teleporting will be a "sell" to bitcoiners (as if darkening btc is not enough to simply sell BTCD)...but how will the POWed bitcoins (or other POW and POS coins) intend to teleport "through" the BTCD blockchain? Will this process of teleporting risk turning bitcoin into a POS coin, even if only temporarily thereby getting snubbed by some of those hardliners?

Maybe I missed this in the DarkPapers...it was a long read (should give it a second run) but in the meantime, can someone clarify?
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August 18, 2014, 12:29:09 PM
 #3680

So I read James' DarkPaper with much interest and was thoroughly entertained to boot. I'm a believer in POS and invest heavily in NXT (and now BTCD) compared to BTC, (probably because I missed the BTC rocket). None-the-less, I do have hardcore bitcoiner friends who did rocket and are POW hardliners.

I question the psychology of how BTCD will attract BTC hardliners and how we as a community intend to stand by POS/teleport as a means to darken BTC. In other words, maybe I don't see how teleporting will be a "sell" to bitcoiners (as if darkening btc is not enough to simply sell BTCD)...but how will the POWed bitcoins (or other POW and POS coins) intend to teleport "through" the BTCD blockchain? Will this process of teleporting risk turning bitcoin into a POS coin, even if only temporarily thereby getting snubbed by some of those hardliners?

Maybe I missed this in the DarkPapers...it was a long read (should give it a second run) but in the meantime, can someone clarify?

How I understand it is that you don't have to have BTCD at all. It will offer teleporting  that will allow any coin to use the service.

It will not turn any coin into another coin

As well as developing new tech to decentralize trading of coins and assets, I believe all fee's for new tech's will be payable in BTCD

If these new service's take off people who hold BTCD should be in for some nice returns.

          dICO Disguised Instant Cash Out
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