Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
Vanderi
on 19/08/2014, 16:58:52 UTC
I'm sure there will be pushback on these as there was to the others, but kudos to him and the Boolberry team for putting it out there for others to read, steal from, and criticize.  (Disclaimer:  I looked at an earlier draft of this one and provided some minor writing feedback.  I'm not an author of it and am not part of the BBR team.)

Busy reading through it - he leads into it with a huge fallacy that is either incredibly naive or very disingenuous of him. When describing CryptoNight he states: "These constraints were supposed to protect hash from GPU and ASIC implementation" [sic]. Literally the first paragraph in the CryptoNote whitepaper that describes the PoW algorithm says: "Our primary goal is to close the gap between CPU (majority) and GPU/FPGA/ASIC (minority) miners. It is appropriate that some users can have a certain advantage over others, but their investments should grow at least linearly with the power. More generally, producing special-purpose devices has to be as less profitable as possible."

Misrepresenting the facts of the matter in a whitepaper, purposely or not, is unconscionable.

Unconscionable? The way you over react to anything negative (real or perceived) about your adopted cryptocurrency bemuses me.

This was included in the original post:

...
If you found some errors there, or want to add/correct/remove something - fill free to comment this google document:

https://docs.google.com/document/d/1pFmEs8pKj1gB1yXlIkrr6Mu1yqrTYQJ63N1e-DJ0RxA/edit

or write me pm.
or just write here if you want dicussion.


Zoidberg



I even left the typos Smiley

Idiotic nitpicking.

In addition, it's not fluffys job to correct such a gaping hole in the whitepaper integrity, not via google documents, nor via pm's. The guy who writes it has to be able to get the basics right all by himself.