Post
Topic
Board Announcements (Altcoins)
Re: ZeroVert - First Zerocoin Implementation | New gold standard for privacy
by
BanditryAndLoot
on 05/11/2014, 22:25:35 UTC
This is not just about spending money on it, you are justifying, stupidly, a massive premine on the basis "if you don't like it don't buy it" which is stupid. This has so much more to do with allowing this poxy crap to exist in the way you twits continue to condone it!
Got it, we're all playing with magic internet money in 2014 with quantum computing and total surveillance right around the corner anyways, with absolutely no way to fully subvert it, and I'm the idiot. Yes, foolish me for passing the time until the inevitable happens.

Premine=problems. It already is a problem, ignoring it is reckless! devs get paid by vc when they have proper working tech they don't get money before that nor should they unless someone choses to fund them. Its just wrong and comes with massive issues like such!
You're putting words in my mouth. I've not ignored it one single bit. Nobody should. Actually, I think the statement 'the worst that can happen economically is the price is low for months' addresses that specifically, if they intend to sell it in the next few months. Your opinion that premines are wrong is your opinion. Personally, I'm not against it. I'm really not. I'd rather see developers get paid than investors any and every day of the week, even if that means it's a single satoshi coin long forgotten, because at least then assholes don't see the need to 'revive' it until much longer after it's become not relevant. If they want a kill switch for a year or two, fine by me, especially if they crank out a working product. If people want to wait till it's open source to fork it for a 'fair' version, fine by me. Why? Because these are economic terms, and have shit all to do with the technical ones.

We are having a few issues with this it was dumped on us yesterday and we are trying to debunk it which we cant because there are no anonymous transactions taking place on the network yet so hold your horses, be careful and look at the things people are saying in a different light instead of placing it in fud every fucking time like a moron!
If I thought you were fudding, I've got a grey list for that. You're not on it, and neither is anyone else besides three people, and a whole lot of shitcoin developers. The people, I tell them, the developers, I do not.
Either way, if the dev wants to dump the premine, I've already said how I feel about that above.

Trusting someone to hold so much of a premine in the beginning is TRUST...something we should be moving away from, its highly unnecessary and bitcoin and litecoin prove that! And its something that this tech represents at its very core!
Wrong. Trust begins when the developer shows up for weeks explaining themselves over and over again, it's not some 'instantaneous' moment when I download the binary, or click 'buy' on the market. It takes months to build trust, and I agree with you that the premine is part of that, but to say that trust is absent in all of these currencies because of the presence or lack of a premine is a total fallacy. I feel we have different opinions on that.
As of right now this system does not work. It is not 100% zero knowledge without exploits until proven. There is no zerocoins spent on the blockchain yet and taco and many of us are bringing up issues we know of with their implied implementation yet we are not getting many responses just yet but rest assured we will get to the bottom of this. So instead of attacking people who are out to figure it out properly please just kick back and enjoy the answers we are given!!
They're replying a decent amount. It's a lot of information that can't be shot off in a sentence or two. To say it doesn't work after 5 hours of playing with it, especially when people like Taco are playing around with the software is crazy. I'm not saying there aren't issues, you're putting words in my mouth again .. but hey I get it, not many people are replying to you yet. Just, ease off a little bit maybe? I just got my first coins confirmed and I'm trying to play with the zerocoin minting as well. I'm not trying to attack anyone here, please quote to me what you thought was an attack? I just want to play with some software here, I turned my desktops into disposable ones just to do this Cheesy