[ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000

[vbcs]

I've thought about it more, and I think ATs could also be used to create CoinJoin transactions in a trustless manner without requiring any communication channel between users other than the blockchain itself..

The setup: there are two users, Alice and Bob, each have 1000 coins in their two public accounts: account_a and account_b. They both want to do a transaction such that their funds are transferred to anon_account_a and anon_account_b, while keeping it impossible for any observing parties to determine who owns which of the anon accounts. To this this, they could create a special AT:

1) Alice and Bob would each send the AT a message from anon_account_a and anon_account_b. The message would indicate to the AT where to send the funds to after it was fully funded.

2) Next, Alice and Bob would each send their 1000 coins to the AT. If either one fails to send, the AT would just issue a refund after a certain amount of time.

3) After the AT is fully funded, it would disperse the funds to anon_account_a and anon_account_b. Any outside observer would be unable to determine who owns which address.

This technique could easily be expanded upon to any number of people. The only downside to having more accounts participating in the transaction, is an increased risk that someone doesn't fund the AT in step 2.

One major drawback to this whole approach is that the anon_accounts will need to be funded somehow in order to send the message to the AT in step 1. This presents a challenge if you're trying to fund the account for the first time.

Am I missing anything, or is this a viable use-case for Automatic Transactions?

Answer here : https://bitcointalk.org/index.php?topic=893271.msg9840815#msg9840815

[mmmaybe]

[---]

this coin has become a nightmare with a plethora of info about mining, some1 should consolidate it and maybe update the OP, the way it is they will lose a lot of newbies due to the mudbath of info on it...

People are working on exactly this, and other stuff too. Can't give an ETA but it is a matter of day.

[mmmaybe]

Indeed - this variation of the acct can be used to "mix" the funds. I was always trying to figure out a way to use ATs for anonymity but always had in mind one underlying blockchain, and never thought "mixing" them between different blockchain's. I think this is the only way we can achieve "anonymity" with ATs. This way you still can trace the funds on each blockchain from one account to another, but lose the trail in between the blockchains.

Any method of mixing across multiple chains using ACCTs can also be done on a single chain to obscure things. Amounts can also be broken down by having one or both sides making more than one AT. There doesn't even have to be a corresponding 2nd AT. Someone could just make one side that releases to another address they control, and release it after waiting a while to simulate coins being swapped.

Yes you are totally right. Of course the idea to be feasible needs a lot of acct use cases to be running. The more coins support ATs the more feasible it gets to provide anonymity.

This is a very exciting development  

[oktay50000]

https://burstcoin.io/index.html

online wallet down???

[almond]

https://burstcoin.io/index.html

online wallet down???

yup

http://www.websitenotworking.com/burstcoin.io

[unsoindovo]

Indeed - this variation of the acct can be used to "mix" the funds. I was always trying to figure out a way to use ATs for anonymity but always had in mind one underlying blockchain, and never thought "mixing" them between different blockchain's. I think this is the only way we can achieve "anonymity" with ATs. This way you still can trace the funds on each blockchain from one account to another, but lose the trail in between the blockchains.

Any method of mixing across multiple chains using ACCTs can also be done on a single chain to obscure things. Amounts can also be broken down by having one or both sides making more than one AT. There doesn't even have to be a corresponding 2nd AT. Someone could just make one side that releases to another address they control, and release it after waiting a while to simulate coins being swapped.

sorry but maybe i don't understand..
i'm not a dev...
but i follow and mine burst since the beginning and i'm a burst enthusiast user.
so i try to understand all burst dev planes.
are you saying who ACTs it is not secure now???
i hope to miss understand you!!!
because i think who ACCTs could be the "killer application" for burst!!!

[xizmax]

Indeed - this variation of the acct can be used to "mix" the funds. I was always trying to figure out a way to use ATs for anonymity but always had in mind one underlying blockchain, and never thought "mixing" them between different blockchain's. I think this is the only way we can achieve "anonymity" with ATs. This way you still can trace the funds on each blockchain from one account to another, but lose the trail in between the blockchains.

Any method of mixing across multiple chains using ACCTs can also be done on a single chain to obscure things. Amounts can also be broken down by having one or both sides making more than one AT. There doesn't even have to be a corresponding 2nd AT. Someone could just make one side that releases to another address they control, and release it after waiting a while to simulate coins being swapped.

sorry but maybe i don't understand..
i'm not a dev...
but i follow and mine burst since the beginning and i'm a burst enthusiast user.
so i try to understand all burst dev planes.
are you saying who ACTs it is not secure now???
i hope to miss understand you!!!
because i think who ACCTs could be the "killer application" for burst!!!

No mate, they are not saying that it is insecure. Especially not when "mixing only with yourself". They are only saying that there is a potential way to use AT to "anonymize" transactions. Burst is not threatened by this and as you pointed out yourself could be a nice benefit.

[unsoindovo]

Indeed - this variation of the acct can be used to "mix" the funds. I was always trying to figure out a way to use ATs for anonymity but always had in mind one underlying blockchain, and never thought "mixing" them between different blockchain's. I think this is the only way we can achieve "anonymity" with ATs. This way you still can trace the funds on each blockchain from one account to another, but lose the trail in between the blockchains.

Any method of mixing across multiple chains using ACCTs can also be done on a single chain to obscure things. Amounts can also be broken down by having one or both sides making more than one AT. There doesn't even have to be a corresponding 2nd AT. Someone could just make one side that releases to another address they control, and release it after waiting a while to simulate coins being swapped.

sorry but maybe i don't understand..
i'm not a dev...
but i follow and mine burst since the beginning and i'm a burst enthusiast user.
so i try to understand all burst dev planes.
are you saying who ACTs it is not secure now???
i hope to miss understand you!!!
because i think who ACCTs could be the "killer application" for burst!!!

No mate, they are not saying that it is insecure. Especially not when "mixing only with yourself". They are only saying that there is a potential way to use AT to "anonymize" transactions. Burst is not threatened by this and as you pointed out yourself could be a nice benefit.

thank you xiz,

to let me understand better...

[oktay50000]

https://burstcoin.io/index.html

online wallet down???

yup

http://www.websitenotworking.com/burstcoin.io

is there any alternative
i cant use offline wallet
so coin now dont have a online wallet?

[jamoes]

I just read through Nick Szabo's recent article The Dawn of Trustworthy Computing, and now I'm even more excited about the addition of Automatic Transactions into Burstcoin.

Once you have a Turing complete language built into a blockchain, the things you can do are truly amazing. I'm excited that Burstcoin will be one of the first coins to have this feature. I'm also excited about this being a proving ground for AT to eventually be included into bitcoin itself.

[mmmaybe]

https://burstcoin.io/index.html

online wallet down???

yup

http://www.websitenotworking.com/burstcoin.io

is there any alternative
i cant use offline wallet
so coin now dont have a online wallet?

Not for now, we need to reach uray to know what's up.

Why can't you use a regular wallet in the meantime...?

[bobafett]

Estimated Network Size    15380 TB

WOW. Seems also the Diff goes up!

[MadGhost]

Estimated Network Size    15380 TB

WOW. Seems also the Diff goes up!

More the data more is the difficulty.

[crowetic]

https://burstcoin.io/index.html

online wallet down???

yup

http://www.websitenotworking.com/burstcoin.io

is there any alternative
i cant use offline wallet
so coin now dont have a online wallet?

You can always use the pool's wallet. I just haven't spruced up the interface... it works regardless...

http://burst.ga:8124 is what I use for my wallet most of the time.

[Sythyn]

Indeed - this variation of the acct can be used to "mix" the funds. I was always trying to figure out a way to use ATs for anonymity but always had in mind one underlying blockchain, and never thought "mixing" them between different blockchain's. I think this is the only way we can achieve "anonymity" with ATs. This way you still can trace the funds on each blockchain from one account to another, but lose the trail in between the blockchains.

Any method of mixing across multiple chains using ACCTs can also be done on a single chain to obscure things. Amounts can also be broken down by having one or both sides making more than one AT. There doesn't even have to be a corresponding 2nd AT. Someone could just make one side that releases to another address they control, and release it after waiting a while to simulate coins being swapped.

Yes you are totally right. Of course the idea to be feasible needs a lot of acct use cases to be running. The more coins support ATs the more feasible it gets to provide anonymity.

This is a very exciting development  

This is one of the most overlooked coins with this privacy feature burst could win the anonymity battle.

[crowetic]

-[ANNouncement]-

I am going to be restructuring the pool's fee setup, with which to base another asset, and create a developer fund for not only my pool, but other burst projects. The new structure will make the pool's fee a total of 1.8 % instead of 1.2 %, and the extra will be devoted to a developer fund. Not only that, we will soon be getting rid of our very first asset 'HardInvest' and replacing it with an overall profit-sharing investment asset into our company 'ByteEnterprises'.


Also, if anyone has any ideas as to what else to use the dev fund we're developing on, shoot the ideas, and they will be taken into consideration. I would like everyone to be able to have a fair say in what happens with the BURST that they helped earn. Hopefully we can spur more great development, and help BURST to become well-known and powerful!


Also, just so that everyone knows... We are in development with our ENTIRELY NEW POOL CODE, that will give BURST miners more choices in pools, with different back-ends! My current development team is working hard to get the pool code finished, and it's already up and running in a test scenario, taking submissions from the live pool and playing around with them. It shouldn't be much longer at all before we're ready to go beta, then go live. We will be doing this in a very controlled and slow fashion, to avoid scenarios like Uray's SG beta that had issues right off the bat (no offense meant here, btw. I just want to try to avoid that scenario.)


--Christmas BONUS!--

Due to the holiday season, and the fact that I'm in a good mood, I've decided to do random injections of BURST into the pool wallet! Basically this is close to what Koko's pool does during his BONUS giveaway, however mine is just because it's Christmas time! This giveaway will be random, and random. Meaning you never know when  nor how much will be given (out of my own pocket merry xmas!) at any time. So just mine on the pool between now and Christmas, and you never know what could happen! Thank you and Happy Holidays!

[go6ooo1212]

Nice movement , crowetic , I support the burst.ga pool and bought some asset of it...

[roccia]

-ANNOUNCEMENT-

Our pool needs new miners and we decided to create a table of rewards.
Any rewards will be divided into two tranches, the first at reaching of the target and the second within 1 week (random between the third and the seventh day from reaching the goal) as long as the goal has been maintained during the same term.

Our pool's link is  http://pool.burstcoin.it

How to Mine on our pool

• Run your burst client (wallet)
  
• Using your browser go to  http://127.0.0.1:8125/rewardassignment.html
• on the bottom ( see "Set reward recipient" )
• Put your account secret passphrase there (the one you use to login into your wallet)
• set recipient as  7551133661433248314
• click submit, then wait for 4 block
• now you can close your wallet
• Open your miner:
  • For java miner
    
    • Edit run_mine.sh (or run_mine.bat on windows), set url to  pool.burstcoin.it:8124
    • run miner (run_mine.sh or run_mine.bat)
  • For Blago's miner
    
    • Open miner.conf
      
    • Insert/replace this code

      “Mode” : “pool”,
      “Server” : “pool.burstcoin.it”,
      “Port”: 8124,
      “UpdaterAddr” : “pool.burstcoin.it”,
      “UpdaterPort”: 8124,

    • Run miner.exe
  
  

[mmmaybe]

Dev, are your pool stuck...? Says "height": "45110", but wallet "45130". 

[mmmaybe]

-[ANNouncement]-

I am going to be restructuring the pool's fee setup, with which to base another asset, and create a developer fund for not only my pool, but other burst projects. The new structure will make the pool's fee a total of 1.8 % instead of 1.2 %, and the extra will be devoted to a developer fund. Not only that, we will soon be getting rid of our very first asset 'HardInvest' and replacing it with an overall profit-sharing investment asset into our company 'ByteEnterprises'.


Also, if anyone has any ideas as to what else to use the dev fund we're developing on, shoot the ideas, and they will be taken into consideration. I would like everyone to be able to have a fair say in what happens with the BURST that they helped earn. Hopefully we can spur more great development, and help BURST to become well-known and powerful!


Also, just so that everyone knows... We are in development with our ENTIRELY NEW POOL CODE, that will give BURST miners more choices in pools, with different back-ends! My current development team is working hard to get the pool code finished, and it's already up and running in a test scenario, taking submissions from the live pool and playing around with them. It shouldn't be much longer at all before we're ready to go beta, then go live. We will be doing this in a very controlled and slow fashion, to avoid scenarios like Uray's SG beta that had issues right off the bat (no offense meant here, btw. I just want to try to avoid that scenario.)


--Christmas BONUS!--

Due to the holiday season, and the fact that I'm in a good mood, I've decided to do random injections of BURST into the pool wallet! Basically this is close to what Koko's pool does during his BONUS giveaway, however mine is just because it's Christmas time! This giveaway will be random, and random. Meaning you never know when  nor how much will be given (out of my own pocket merry xmas!) at any time. So just mine on the pool between now and Christmas, and you never know what could happen! Thank you and Happy Holidays!

Great with the dev-fund, we really need those kind of initiatives when the coin isn't pre-mined nor an iPO

Gonna have a go with some of my power at your pool now!