Zerovert - First Truly & Only Anonymous Coin with Zerocoin | Mandatory Upgrade !

[LongAndShort]

You should at least let exchanges have open source so we can trade the coin, otherwise it has no value if we cannot publicly trade it. Please think this over.

They don't have to show all of the code in fact they only need enough so that they can verify transactions and see how its done and if it is indeed legit! You guys are right though, exchanges will not accept a binary on it's own and zerovert will have to show at least some of the code. This is assuming of course that the exchange is not completely crazy. Most do have this manifesto at least!

I'm really excited about this proposal but its extremely fast and its premine is to me, a complete and utter fail/turnoff! Personally i do not support premine coins and will not be supporting this coin with one and neither should anyone else and ill elaborate some. It is more trust and a great opportunity later for people to open a can of worms with regards to dev integrity and trust in the public eye! I believe devs need to be paid but i also believe if we just give them the funds in this way we have no guarantee of anything. History has proven it and its insane to expect it to be any different here. Devs earn trust, they earn it by proving their tech is invaluable and thus VC will fund them to continue their work, if in fact it is good enough. If it isn't then there is no funding and we end up with a far better quality in this space then we would by giving devs control of money without any accountability legaly and before they prove anything even works properly! I could go on about 100 more things with regards to why premine is bad but i wont. I will just put it out there to try and push for no premine.

If this is real and because they came out of nowhere, if they gain a 3rd party audit and they remove the premine. I will have no issues supporting Their work and neither should anyone else. But they just came out of nowhere with no trust at all, on two newbie accounts and already i see some simpletons begging to buy/waste their money on yet another set to fail start! They don't deserve a premine, especially when They have not even proven the tech works under heavy testing or at all (apple "thoroughly" tested iCloud too in closed testing!) If they can share with us their testing techniques and what, if any network simulators they used or wrote that would help.

Right now they are on two newbie accounts with a 2.5% premine, hyping the biggest innovation in anon cryptocurrency tech to date. They have not proven anything except quoting some solutions to the issues which stand out as obvious paths to take but also have plenty of complications to implement. People are possibly going to run at this like no tomorrow and i just want to reiterate that by people supporting premine, yet again we are asking for trouble..Premine is not needed, satoshi and all the devs within bitcoin never used one, litecoin ect ect ect, If its good, the devs will be funded! Push for no premine and push for a 3rd party audit before risking any substantial amount of money on this people, as they have not proven they can implement anything! This is what i firmly believe is hurting this industry. If we continue to allow potential theft by trusting devs so easily we will get no where fast!


Any % of premine is an alarming proposal and i hope they remove it because it basically closes the doors unnecessarily to opportunities/suppoprt for the project right from the get go!

Good post and fair.

I'm concerned about the newbie accounts too. The wallets at github show "bushido" who is well known vert dev.

I can see developers being hesitant to show POD. You can thank the Metcalfe/Xc/Blocknet witch hunt for that.

Yeah i noticed that too, i would love for them to remove the premine. It stinks and is asking for trouble, basically i would love to support the tech but cant with that

[minerpools]

When's source getting published to Github?

[zerovert]

nothing on the site

Miners by Hardware
ATI/AMD: Download here

nVidia: Download here

CPU: Download here

Pools
Here are our mining pools

Merged Mining
You can merge mine with Vertcoin

Working on it. Up in a bit

[LongAndShort]

Using the RSA modulus from world renowned RSA factoring challenge of unknown factorization

 

http://en.wikipedia.org/wiki/RSA_Factoring_Challenge

Right, but can you explain how you did the trustless setup to establish the accumulator? And also what trustless entities exactly were included in the setup, as right now it's impossible to verify that anyone except you has generated the accumulator? That's a rather important point as it would allow you to spend anyone's money otherwise, without anyone possibly being able to tell it was you doing so. It seems confusing to me how you possibly got the niZKP down to a reasonable size and verification time, too, for instance they're 128-256 kb in the default implementation, with verification times of 4 or more seconds each.

The accumulator requires an RSA modulus of unknown factorization, so we used the RSA modulus of unknown factorization from the world renowned RSA factoring challenge.

We implement zerocoin, not zerocash. And yes, we said generating transaction is less than a second, with verification time less than a minute

Are you 100% certain your commitment scheme is not leaking knowledge and if so can you explain the hurdles in detail that you faced with moving it passed something that is more like witness indistinguishable

[dasource]

She is hard to mine and with diff over 1 now.. I guess solo is out of the game!...

[BanditryAndLoot]

She is hard to mine and with diff over 1 now.. I guess solo is out of the game!...

? I thought we're still under 1, .48 sice update

Code:

{
"blocks" : 137,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.32073431,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 8389809,
"pooledtx" : 0,
"testnet" : false
}

[xojex]

She is hard to mine and with diff over 1 now.. I guess solo is out of the game!...

Would have been nice if they shared the rcpport so everyone could play.

[dasource]

She is hard to mine and with diff over 1 now.. I guess solo is out of the game!...

? I thought we're still under 1, .48 sice update

Code:

{
"blocks" : 137,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.32073431,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"networkhashps" : 8389809,
"pooledtx" : 0,
"testnet" : false
}

Sorry you are right; still under 1 weird that cgminer reports double what the rpc shows... probably a bug in cgminer...

[dasource]

She is hard to mine and with diff over 1 now.. I guess solo is out of the game!...

Would have been nice if they shared the rcpport so everyone could play.

Set it manually ... rpcport=1111 in the config file...

[silencesilence]

NO POOLs  

[BanditryAndLoot]

She is hard to mine and with diff over 1 now.. I guess solo is out of the game!...

Would have been nice if they shared the rcpport so everyone could play.

I thought that was just a local thing, and they picked a unique port so it didn't mess with pools hosting multiple coins/computers w/ multiple daemons? I just picked a number, because I'm not running anything else.

[silencesilence]

please share
config file

[BanditryAndLoot]

please share
config file

Code:

rpcuser=username
rpcpassword=password
rpcallowip=127.0.0.1
rpcport=31397
daemon=1
server=1

Code:

{
"pools" : [
	{
		"url" : "http://127.0.0.1:31397",
		"user" : "username",
		"pass" : "password"
	}		
]
,
"intensity" : "18",
"worksize" : "256",
"lookup-gap" : "2",
"gpu-threads" : "1",
"expiry" : "5",
"scan-time" : "5"
}

Will add to above links too.

[silencesilence]

@Boristhespider === would not let start without  POOLS

[SpainCoinDev]

wtf, the coin has been released and is being mined already or what?
yes, ok..

[Altcoin4life]

wtf, the coin has been released and is being mined already or what?
yes, ok..

No, actually blocks are going quite slow. Thanks ccex for adding the coin and taking a chance on this one.

[SpainCoinDev]

With this being closed source... it could be full of backdoors. Even with the source code, even assuming it has zerocoin stuff in it, it would take time to analyse it properly and determine there are no obvious backdoors for the devs. With just binaries it's mission impossible, there's no way to tell if this is a scam.
C-cex must be desperate..

[tacotime]

The accumulator requires an RSA modulus of unknown factorization, so we used the RSA modulus of unknown factorization from the world renowned RSA factoring challenge.

We implement zerocoin, not zerocash. And yes, we said generating transaction is less than a second, with verification time less than a minute

There's only a handful of even modestly secure primes p and q from that list, from 1536-bits to 2048-bits, with which to use to get N = pq. Key lengths of 2048 bits are unlikely to be secure within the next 5-15 years. As far as I can tell, whoever factors these first gets to spend all your zerocoins ever. It's also totally and trivially quantum insecure due to Shor's algorithm.

That you admit proof verification is measured in single to double digit seconds means that both DDoS of a node is trivial and block verification time is insane; you just need to spam invalid proofs from a number of unique IPs to computationally knock a node off the network, and generating a block with more than a few transactions will be an impossibility to propagate throughout the network before another competing block is published, resulting in massive amounts of orphans and a totally insecure blockchain. You could store the verifications over time in a cache, but it's incredibly easy for an attacker to simply not publish these and then publish a block with say, 200 valid zerocoin transactions and totally screw up the network.

That you're not even storing the niZKPs on chain is another huge problem affecting network consensus based on history.

[ocminer]

Hey guys, thanks for your requests adding a pool for this, since there is no source available and so many scams/trojans/malicious stuff I cannot provide a pool yet as my regular checks cannot be run over the wallet.

I'll provide a pool on a dedicated machine later one, it will have no connection to the suprnova network so it cannot be of any harm.

[silencesilence]

http://zerovert.org/mining.html  - Thanks