Quote from: herzmeister on August 01, 2015, 01:49:16 PM

Quote from: TPTB_need_war on July 31, 2015, 10:39:47 PM

I will agree with Armstrong's skepticism on cryptocurrencies. We can even see that Bitcoin is becoming increasingly centralized (by design)

not by design. Capital always consolidates. Or certain structures in society generally for that matter. That's an unsolved problem. Probably unsolvable. Also if we lived in a money-less world, some would have more power and influence than others. At best we could get an ~ 80-20 distribution I guess, that seems to be the rule of thumb of balance in nature.

I solved that to great extent by making economy-of-scale in a crypto-currency network work against itself.

As many know from my posts in the Gold collapsing. Bitcoin UP thread, I claim to have invented a very different form of decentralized consensus network algorithm which employs proof-of-work and a block chain, but which does not have the scaling nor centralization issues of Satoshi's design.

I have recently also invented new math which is superior to both Cryptonote and Blockstream's Confidential Transactions.

I have made also numerous other innovations on crypto-currency design.

I even explained that I would be able to show it is possible to launch a coin by ICO and prove mathematically that the controlling group could not own more than x% of the total coin supply.

You'd think with such designs at-hand, that I would be ecstatic and optimistic. The reason I've been somewhat dismissive about my capabilities lately, is because I nearly wasted the entire past 6 weeks trying to locate a mathematician (with strong interest or knowledge in discrete math and especially applicability to Berstein's EdDSA) who would work with me to peer review my work and also a programmer to help me implement. I am a programmer, but it just seems impractical to try to implement something of such complexity all by oneself.

I had commitments for angel investment (i.e. a controlling group was taking form) in order to hire the help, but I couldn't find anyone who is qualified that is both interested and willing to follow a few basic computer security policies. Even some of the potential angel investors (e.g. rpietila) are unwilling to institute basic computer security policies with my assistance, so it as if no one really gives a fuck about what is happening to the world.

I had one junior-level programmer express interest to work with me and he had some experience coding a block chain explorer in the past, but he refused to learn any new programming language and only is available in Javascript. I eat programming languages for breakfast. One has to wonder how someone with such myopia could really grasp the math and wide range aptitude required. So I respectfully declined.

I am dismayed. My inventions are real and could potentially save the planet, yet no one is helping.

Why should I open source my ideas prematurely losing all the profit from being the first to launch a coin based around these technologies? That is inane. Fuck if the world won't even let me be rewarded for all my effort, then maybe the world doesn't deserve to be saved.

It is incredibly fucking ridiculous.