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ptshamrock (OP)
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April 18, 2012, 12:24:13 PM |
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I jsut came across this site...has anyone already heard about it ? http://www.bitmint.com/The BitMint is under construction in Tel-Aviv, Israel by a professional team led by BitMint Ltd, in cooperation with IBM, consistent with IBM "Smart Money" vision. We are lining up corresponding banks and financial institutions around the world. For business inquiries please contact Mr. Amnon Samid, CEO. For technology inquiries please contact Prof. Gideon Samid, CTO. BitMint technology is based on US Patent 6,823,068, and pending patents around the world. |
"Money needs to be depoliticized, and the time has come for the separation of money and state to be accomplished."
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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ptshamrock (OP)
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April 18, 2012, 12:39:45 PM |
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thx for the info  Okay but then it was just an PDF which is not avaliable anymore..did the PDF already mention this website? |
"Money needs to be depoliticized, and the time has come for the separation of money and state to be accomplished."
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evoorhees
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Activity: 1008
Merit: 1021
Democracy is the original 51% attack
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April 18, 2012, 12:40:23 PM |
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Maybe it will forever remain the "future" of money  |
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BadBear
v2.0
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April 18, 2012, 12:47:15 PM |
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thx for the info Okay but then it was just an PDF which is not avaliable anymore..did the PDF already mention this website? I don't know, the website was registered March 2010, before that posting so it's likely. |
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kjlimo
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Merit: 1031
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April 18, 2012, 01:53:31 PM |
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My cousin went to a seminar @ Case Western Reserve on March 22, 2012. She wasn't impressed & didn't see the need for it. However, I'm sure people say the same thing about bitcoin... http://engineering.case.edu/eecs/node/348 |
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Etlase2
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April 18, 2012, 02:02:21 PM |
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My cousin went to a seminar @ Case Western Reserve on March 22, 2012. She wasn't impressed & didn't see the need for it. However, I'm sure people say the same thing about bitcoin... http://engineering.case.edu/eecs/node/348"the BitMint team constructed a solution based on equivocation which allows for cryptographic money that is theoretically resistant to even brute-force cryptanalysis; resistance that does not erode with time." I'd be really interested to hear how they solved that. I think the entire cryptography world would be interested. |
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Etlase2
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April 18, 2012, 02:14:17 PM |
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Spekulatius
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April 18, 2012, 02:19:10 PM |
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Bring thee heads for 1 BTC each! |
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Phinnaeus Gage
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Bitcoin: An Idea Worth Spending
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April 18, 2012, 02:50:16 PM
Last edit: April 18, 2012, 03:04:08 PM by Phinnaeus Gage |
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My cousin went to a seminar @ Case Western Reserve on March 22, 2012. She wasn't impressed & didn't see the need for it. However, I'm sure people say the same thing about bitcoin... http://engineering.case.edu/eecs/node/348Gideon Samid holds the underlying patents, and chairs the technical team that develops the BitMint solution. This innovation is a practical illustration of InnovationSP: Innovation Solution Protocol, presented by Gideon in his book "The Innovation Turing Machine". Gideon's interests include complex systems, inferential knowledge swarms, knowledge realization momentum (correcting for our tendency to model the unknown in the image of the known), cryptography, and computer security. Gideon is an adjunct faculty at EECS, and an adjunct professor in the University of Maryland, University College. He writes the cyber security column for "Digital Transactions", and his 2009 book "The Unending CyberWar" enjoyed critical acclaim. in re. bolded text: Perhaps Rassah can offer a little insight on Gideon Samid. ~Bruno~ EDIT: Just watched this video by Gideon Samid: The Innovation Solution Protocol |
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kwukduck
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Activity: 1937
Merit: 1001
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April 18, 2012, 05:05:51 PM |
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i guess bitcoin is doomed then
a digital currency with all the features and good things of bitcoin, without the bad.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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disclaimer201
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Activity: 1526
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April 18, 2012, 05:28:25 PM |
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i guess bitcoin is doomed then
a digital currency with all the features and good things of bitcoin, without the bad.
This video is really good. |
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mc_lovin
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www.bitcointrading.com
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April 18, 2012, 06:02:33 PM |
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so this is their patent? http://www.google.com/patents/US6823068aah.... so we are all in violation of this patent.. but it's p2p so you can't really stop the people violating the patent.. |
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Etlase2
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April 18, 2012, 08:03:27 PM |
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how are we in violation of it? it's for a form of cryptography that bitcoin doesn't use |
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Mylon
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Activity: 140
Merit: 100
Mining FTW
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November 29, 2013, 03:01:28 AM |
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Did you bother to read it? mint under central control = not bitcoin |
"All Your Base Are Belong To Us" by CATS
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