Quote from: jl777 on July 22, 2014, 09:09:11 PM

Quote from: thevampireskilledit on July 22, 2014, 08:59:36 PM

Quote from: jl777 on July 22, 2014, 08:55:27 PM

Quote from: bughunter on July 22, 2014, 08:37:12 PM

Quote from: paradigmflux on July 22, 2014, 08:32:07 PM

Quote from: frohlocke on July 22, 2014, 08:26:06 PM

I think the recent dump is due to nxt multipool who mined a lot of btcd.
This will only be happen once if I am right.

exactly
sorry to cause anyone alarm
I had to liquidate nearly 5000 BTCD, which is now completed, to pay out some miners.

So, now it goes up!

@jl777 I like your technical understanding and your postings! This thread is very interesting!!! (I am afraid of FUDs incoming since the value of BTCD is growing.)

The FUDsters will have to work pretty hard to come up with bad stuff to say about BTCD.

Giant premine for coin founders of ~20000 BTCD, worth a few BTC for the first week+ of coin launch. Hmm, nope doesnt seem FUDable to me

lets see. Oh, yeah, BTCD is a scam because there is nothing new. Sure, they can go with that and then explain how https://github.com/jl777/pNXT is nothing new. Also, if I am just writing new code I write ~1000 lines, then it takes a day or two to debug, so several thousand lines of new code per week. Every once in a while, I refactor and replace old code with much cleaner code so my output goes "negative", but that is just part of the process. Write code, debug, refactor. Add new feature. Repeat

OK, maybe they say my approach to privacyServers is no good. In that case I am very eager to hear about flaws so I can fix them.

Clearly privacy is a core feature, but BTCD will be far more than an anon coin. It will be a gateway coin into a universe of decentralized features. And I will keep adding to these decentralized features steadily. Maybe I slow down a bit after BTCD is near top of coinmarketcap, but for the rest of this year, I plan to continue my pace of 100+ hrs per week

James

Hi James,

Regarding privacy, have you seen what bitshares TITAN has?
https://i.imgur.com/7ki3fe3.jpg

cool looking chart, reminds me of metro station maps for some reason.
I dont really understand what they are doing, but with a color chart like that it must be good

There just isnt enough details on how TITAN hides the info on the blockchain. I cant tell what level of privacy they get with this. One problem that none of the other solutions (that I know of) solves is the user error issue. See, to maintain high levels of privacy you need to be diligent and never expose your IP address anywhere that you dont trust.

This is why I designed the hub and spoke model of privacyServers. The privacyServers are public nodes, so everybody knows their IP addresses and each BTCD client connects through encrypted channel to a privacyServer. So now, you can avoid having the best anon algo totally negated because you logged into your email without going through a proxy.

Theoretically, maybe there isnt much added anon to this, but in practice it will make all the difference in the world. I dont want BTCD users to have to use Tor (that's a big red "come and investigate me" flag!) or I2P or anything to raise issues. Just normal use and if everybody is using BTCD, then using BTCD is normal!

So, my design is for everybody to gain privacy without needing to know anything about how to setup Tor, proxies, etc. Of course the people running privacyServers will need to know this, but they will get compensation for it

Do we have someone that can make pretty chart like that? I bet we can make one look much cooler

James

Yes, no worries. Gitbknowsall is putting together infographics to better illustrate the btcd tech!