Ninjastic
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Re: If double spending is such an issue and VNL solved it, where is the press?
by
nextgencoin
on 26/08/2015, 15:18:19 UTC
Quote from: Fuserleer on August 26, 2015, 03:10:51 PM
Quote from: nextgencoin on August 26, 2015, 03:00:53 PM
Quote from: rnicoll on August 26, 2015, 02:53:18 PM
Quote from: nextgencoin on August 26, 2015, 02:35:08 PM
The title says it all. I'm curious, I read all the time how double spending is some big issue but there seems to be zero press attention to fact there is at the very least a credible claim its been solved by Vanilla Coin.

http://www.itproportal.com/2015/07/07/bitcoin-hit-with-double-spending-bug/

Try publishing in a peer reviewed journal, let the experts tear into the theory, and if it survives, generally that's the point the press will pick up on it.

Also, in case you haven't spotted this yet, the press LOVE a disaster, successes not so much.



I honestly think the Bitcoin casual community has plenty of experts...I'ts weird but I never saw another Altcoin come under this level of suspicion, scrutiny and generally have its innovations claims simply dismissed especially after they post the code, white paper and and have a working beta.


When did NEM, NXT, etc get pulled apart by MIT?

You obviously haven't seen the level of shit I've been put through over the past 2 years then haha Smiley

It's simple, if he claims he has solved it 100%, he's either lying, or doesn't understand CAP theorem - https://en.wikipedia.org/wiki/CAP_theorem

In brief CAP theorem:

  • Consistency (all nodes see the same data at the same time)
  • Availability (a guarantee that every request receives a response about whether it succeeded or failed)
  • Partition tolerance (the system continues to operate despite arbitrary partitioning due to network failures)
   
    
You can never have a network that can provide all 3 all of the time, and it has been proven.  Most distributed networks allow for failures in all of them, but prioritize 2 of them.

For John to have 100% solved double-spends, he would have to support all 3, 100%, probably the most important being C.
    



Well as you've spent so much time on it I imagine you must be bursting to ask him how he at least claimed to of solved it. Tell us if you do go and ask your question.

https://kiwiirc.com/client/irc.freenode.net/#Vanillacoin