Quote from: hashcoin on September 08, 2011, 08:12:07 AM

To be frank, it is extremely unlikely that someone who does not know core CS (e.g. what "Byzantine Agreement" or "Sybil Attack" mean) would have a correct solution. There is simply no way one could simultaneously have the ability to architect distributed systems and not be able to write it out precisely as code.

My suggestion is you simply describe your scheme so the CS folks here can explain to you why it is broken, and you can learn from it. You should understand that preventing sybil attacks is basically the core open problem in p2p network security research, and no one has any idea how to do it without either a centralized identity issuer, or via extremely wasteful constant resource-tests (as in bitcoin).

So there are 3 options:
1) Your scheme falls into one of two above: central identity issuer, or waste of resources.
2) Your scheme falls outside them and is totally broken.
3) Your scheme falls outside them and is correct. Congratulations, you should write it up, publish it in IPTPS, and collect the best paper award. Perhaps a PhD too.

In particular, we have known since the very beginning[1] that central identity issue or waste of resources are all one can do in particular natural models. You would need an entirely new model.

You might also find this useful, a scheme I described that makes the coin generation set by vote. My scheme falls into (1), as it is still wasting resources: http://bitcointalk.org/index.php?topic=24929.0

[1] http://citeseer.ist.psu.edu/viewdoc/download;jsessionid=2275703DE2E08EC0E7CEF3321E53506A?doi=10.1.1.17.1073&rep=rep1&type=pdf

EDIT: This is the first time I've written a post in this kind of condescending tone. Mostly it's because of the fact that on the one hand, you recognize 99% of people on this forum are get-rich-quick retards, and on the other, in this thread you are basically behaving in the same way. You have an irrational faith in something that you are not an expert in, have not had vetted by anyone, and refuse to even discuss/describe so that others may attempt to reason with you. You have basically come here and announced that you've struck gold and are going to make it big, but just need someone to code it up (reminds me of the million "I have an idea for an iphone app" crap from MBAs). Anyway, I'd encourage you to look through my posts and recognize I (and the other CS folks here) could probably offer quite a bit of help to you if you're willing to be rational and explain your system in a complete and coherent manner. But until you do that, your posts of "why isn't anyone interested?" are laughable. Noone has anything to say because you've provided absolutely no information to respond to.

Really. Go back and read your "I'm so clever I have a scheme for a perfect crypto-currency;l but I just need a coder" posts earlier in this thread. Then go to the main discussion and read some of the "We are all going to be rich when bitcoins are $1M each because we got in early; but we just need to get more new buyers". Then realize the logic in both cases is identical.

Ah, this is a great post!

I hand't seen, it got lost under other posts before I noticed it.

I'll respond appropriately when I have some time!

Thanks