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ifightformerkel (OP)
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September 26, 2014, 04:09:14 PM
Last edit: September 27, 2014, 07:49:27 PM by ifightformerkel
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September 26, 2014, 04:14:15 PM
 #2

I don't understand why you don't allow scrypt but do allow sha-256 asic mining.

the logic seems perverted.


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September 26, 2014, 04:20:22 PM
 #3

Im not sure yet since im economic theory person not a technological person... can a technological knowledgeable person comment on this coin? I want to invest, it seems good, but im not sure if this is legit or not.
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September 26, 2014, 04:31:43 PM
 #4

Im not sure yet since im economic theory person not a technological person... can a technological knowledgeable person comment on this coin? I want to invest, it seems good, but im not sure if this is legit or not.

Looks legit. They claim to be innovative, but some things are lacking:

  • The anonymity feature is simply a centralized mixer.
  • The "whitepaper" is not very descriptive.
  • It's a clone coin.
  • 5% premine for ICO (not necessariy bad, but who knows).

At this point, there is nothing other than a shiny site to show as well as some hype about v2, which just looks like another prettier wallet. The devs seem pretty committed so it might go somewhere, but its a high risk investment at this point.

ifightformerkel (OP)
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September 26, 2014, 04:57:32 PM
 #5

1. This is not a copy
2. The anon function wont be a simply mixer.
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September 26, 2014, 05:11:44 PM
 #6

1. This is not a copy

Directly from the paper "... the underlying codebase from what Neos was spawned isn't really something never-before done....". If you go to github, you easily see that it has the entire codebase based on bitcoin, there even a "bitcoind.h" in there. Though I acknowledge it does have a new mining scheme.

Quote
2. The anon function wont be a simply mixer.

It's exactly that. Once again, from the paper: "...transactions are sent anonymously through a secure farm of nodes..". It's centralized, just how "secure" is it?

ifightformerkel (OP)
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September 26, 2014, 06:02:36 PM
 #7

We will see what V2 will bring, but to me this is not a simple mixer.  Wink
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September 26, 2014, 09:25:38 PM
 #8

Yeah, Neos is a lot more than a copy with a "simple" mixer.

Pretty far form simple. The fact is the user will stay anonymous, the dev is putting out a much more detailed paper after V2.

Here is his video from a day or two ago, where he explains the anon

http://www.youtube.com/watch?v=kbx_O4eg-v8&feature=youtu.be


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September 26, 2014, 09:59:14 PM
 #9

Yeah, Neos is a lot more than a copy with a "simple" mixer.

Pretty far form simple. The fact is the user will stay anonymous, the dev is putting out a much more detailed paper after V2.

Here is his video from a day or two ago, where he explains the anon

http://www.youtube.com/watch?v=kbx_O4eg-v8&feature=youtu.be



So it's an "advanced" mixer? Sounds like a mixer with marketing terminology "applied" to it.


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karlb187
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September 26, 2014, 10:08:42 PM
 #10

 

good luck with your coin. will look into this

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ifightformerkel (OP)
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September 27, 2014, 07:00:09 AM
 #11

Yeah, Neos is a lot more than a copy with a "simple" mixer.

Pretty far form simple. The fact is the user will stay anonymous, the dev is putting out a much more detailed paper after V2.

Here is his video from a day or two ago, where he explains the anon

http://www.youtube.com/watch?v=kbx_O4eg-v8&feature=youtu.be



This, the anon will be something different than a mixer.
rangedriver
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September 27, 2014, 12:16:04 PM
 #12

Anyone know when v2 is released?
prdomain
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September 27, 2014, 12:23:02 PM
 #13

v2 will be released and trading with new mintpal Grin
Price will jump to 100k
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September 27, 2014, 12:51:48 PM
 #14

Yeh but do you know when?
ifightformerkel (OP)
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September 27, 2014, 03:00:15 PM
 #15

should be done yet, but still under progress

here a tweet from the dev

https://twitter.com/NeosCoin/status/515825933606223872
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September 27, 2014, 03:03:01 PM
 #16

Looks very very interesting.

Good luck with project Wink
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September 27, 2014, 05:35:09 PM
 #17

Yeh but do you know when?
In next 2/3 weeks
awais3344_1
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September 27, 2014, 06:18:14 PM
 #18

it maybe a mixer if you think that some of the nodes are used to send the payments between 2 addresses.
but i do not understand how is it a problem? first off it's the developers that take care of the website and most of the wallet code. so you usually trust developer with their code and coin.

the code is closed so theres less chance of getting anyone to clone this coin in 1.2.3. Thats what i like here. some may disagree but then i dont think it would be wise to make this open source.

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