Post
Topic
Board Altcoin Discussion
Re: Zero Knowledge Transactions
by
TPTB_need_war
on 17/10/2015, 15:46:36 UTC
Quote
Please read the prior discussion about the above anonymity feature, including my recent peer review that identified/revealed the flaw in an attempt to create the same invention by someone who may be affiliated with Monero.

First of all you revealed no flaw, as the linkability has been addressed in v0.3 in the so called WORK IN PROGRESS. As noted here: https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/cw27qla

Second of all; this stuff has been discussed by gmaxwell, andytoshi and shen + others in june/july on #bitcoin-wizards and other channels and there are logs of it all over the place; so much for your "invention".

As my Abstract says, my design requires no new unproven crypto. He is inventing a new type of signature that has probabilistic assumptions (plus perhaps complex external factors which impact probabilities). Those assumptions could be broken. I use long standing crypto that is well proven.

Also he still hasn't solved the other problem which is balances can't be merged without revealing values.

Also I have fixed CCT, which is much more efficient than CT.

Also I expect further problems with Shen's approach as it undergoes a lot of peer review. I just haven't taken the time to really dig into, as it is a patchwork quilt of crypto methods, whereas mine is so very straight foward merging of existing Cryptonote and CCT with simple and obvious tech.

Trust in the anonymity is the most important that is worth a lot more than a measly $21,000.

Quote
I'd really like to receive about $75,000 total for the work already done plus assisting on implementation. If I am not mistaken, the guy who was selected to optimize Monero's mining algorithm pocketed an alleged $150,000 worth of coins before releasing the optimization generally.

Only in your head bro, DGA just commented the cryptostuff later, NoodleDoodle did the optimizations in the daemon.

I was there debating with one of those guys just after he claimed to have optimized it (because I had designed a similar PoW has to Cryptonote's before I learned about CN). And someone posted he had earned $150,000 on that effort and I don't remember any refutation. I believe it was DGA.

In any case, if the crypto market can't pay a good income, then it is okay if developers will choose not to work on the market. I assume NoodleDoodle or who ever did that optimization earned what they felt was a good return on their investment.

I am not here to donate my time. I can't afford it.