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Showing 20 of 21 results by EnigmaCoinTeam
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Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 30/04/2015, 21:06:38 UTC
LOL. classic crypto move. break your own coin, price dumps. buy it up. then fix the coin. price up.

Sorry really never intended it to be that way.
But PoS really was not not working
I'm uploading PoS fix now. I will also msg pool owners to update the source as soon as possible. Pos should start from block #9500

I also will commit tor code as soon as PoS issue will be resolved.

I just updated the wallet on coinminers pool

Thank you for the fast response.
Also I would like to say thanks to the community for pointing out at PoS issue. I really appreciate it.



Dude that's all great and fun, but have you thought about marketing?
We need more exposure.
I understand you are doing all the shit alone and you are probably busy as hell, and I mean no disrespect for your talents, but we still need more attention - even here on BCT. Do you have a plan of that account?

I wish I could say "yes sir, I have solid marketing plan!", but I think I only have most general idea of what should be done and that is it it.
Please don't get me wrong - I think this aspect is VERY important and crucial to keep the investors around, however I must be honest - I'm not good with it. I trust in my ability to get certain things done in terms of coding - yes. But I physically unable to remain effective if I constantly have to shift my attention from coding to social media presence, watch for bugs in current code, constantly bumping a thread etc etc. I would gladly paid for this sort of job, but I'm not exactly rich. So I need as much as community can give. Any help with the website artwork, any advice, and practical solution will matter f
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 30/04/2015, 20:47:51 UTC
LOL. classic crypto move. break your own coin, price dumps. buy it up. then fix the coin. price up.

Sorry really never intended it to be that way.
But PoS really was not not working
I'm uploading PoS fix now. I will also msg pool owners to update the source as soon as possible. Pos should start from block #9500

I also will commit tor code as soon as PoS issue will be resolved.

I just updated the wallet on coinminers pool

Thank you for the fast response.
Also I would like to say thanks to the community for pointing out at PoS issue. I really appreciate it.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 30/04/2015, 20:09:19 UTC
LOL. classic crypto move. break your own coin, price dumps. buy it up. then fix the coin. price up.

Sorry really never intended it to be that way.
But PoS really was not not working
I'm uploading PoS fix now. I will also msg pool owners to update the source as soon as possible. Pos should start from block #9500

I also will commit tor code as soon as PoS issue will be resolved.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 30/04/2015, 17:32:29 UTC
ah, my bad. dev will surely look into this when he logs on.

For the people who didnt know, there is a movie about Enigma ( real enigma not this coin ); the imitation game. There they shows how they hacked Enigma from the nazi's.
Enigma was a product from the nazi's (2nd world war)

Dev please, even if it does not work, can you perhaps paste/quote some of your code, so I could elaborate and perhaps even participate in this?

Funny you have asked. I was just about to commit recent update to the GitHub. Please Hold on hour or two.
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Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 28/04/2015, 20:52:18 UTC
Yes I as well would like to see a nice roadmap to this coin because I really like it and think that it has some really great possibilties Smiley

I'm not very good with fancy charts, but after all I'm not trying to sell art here.

Still I will try to explain what is going on and please excuse me in advance if it will seem a little complicated.

So as I stated in whitepaper you could take rich list of any existing cryptocurrency and with certain techniques of analyses deduce "connected" addresses that are belong to single person. Knowing that it is possible to know how much coins sitting in someone's wallet, who was paid with those etc. There are services that already does that - for example https://chainz.cryptoid.info/dash/# (see the difference between Rich list and Largest wallets).

My primary aim right now is to find effective way to deny that sort of analyses, or make it impossible to be done in reasonable amount of time.
The most obvious way to do so for any given user is to never use same receive address twice, but obviously I don't expect people will ever generate new receive addresses manually.
So with the next update following solution will be implemented:

-Nodes will be able to connect with each other using TOR network
-Recipient will be able to generate N receive addresses
-Via established TOR connection recipient will transmit N addresses to the sender
-Sender will generate N non-even transactions that will be summed in recipient's wallet

I would like to draw your attention that this is not final solution and not exactly what was described in the OP, however this is the first step that I hope to deliver by the end of this week.  What I described in the OP is much  much bigger than this, but I understand that community demands progress, so I will continue to evolve this solution with time.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 28/04/2015, 20:06:31 UTC
Yet another coin destined for the scrapheap. Dev hasn't posted anything in days and probably won't.


Sorry for not being all too active - I'm working on the big update. I hope to upload new source in the following 1-2 days. Please understand that I'm the only one who is now working on both code and public relations so I simply can't be both very active on forums and deliver content.
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Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 25/04/2015, 16:55:53 UTC
Any website?

Website is work in progress.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 25/04/2015, 16:19:44 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 25/04/2015, 12:07:37 UTC
It is quiet here. No posts for 6 hours.

Sorry have to sleep sometime.

I'll start knocking to the exchanges today.
It will help if you do the same. with me. Use this form to ask Bittrex to add Enigma: https://bittrex.zendesk.com/hc/en-us/requests/new
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 24/04/2015, 23:43:54 UTC
Should get this on an exchange asap Smiley

Yep.

Dev, what about exchange?

Sorry for not being on any major exchange, Have not enough public exposure/demand so far.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 24/04/2015, 23:35:31 UTC
Dev, PLS change the name of the thread "[ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!"

With something proper.   Wink
Thanks.


Will do, sorry had not made at appropriate time.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 23/04/2015, 23:03:00 UTC
I have updated the source code. New node is added:
https://github.com/enigmadev/enigma/
IP address of the new node:
178.32.53.123

If you have problems to connect to the network with the old client please add this line to your config:
addnode = 178.32.53.123
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 23/04/2015, 21:25:30 UTC
Dev tell me, does your A>Z>B crypto-shuffle works only for X13 algo or it can be adopted to sha256 or scrypt? Perhaps it is viable to launch enigma clones for all algos and see what will have more demand?
There is nothing that would preclude anyone using the concept and implement it in another bitcoin clone.
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Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 23/04/2015, 21:00:23 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 23/04/2015, 20:46:08 UTC
Source and Windows wallet links are now updated. Please, download the new files. Everything is ready for the launch.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 23/04/2015, 19:59:12 UTC
Ok, I guess you are right. I will postpone the launch for 1 hour until I change it back to 100 blocks of 1 reward. Please, stay tuned.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 23/04/2015, 19:42:05 UTC
No need to rush. First 500 blocks will have 1 coin reward. I have updated the OP accordingly.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 23/04/2015, 18:32:03 UTC
I have added the countdown link. For some reason .gif countdown is not displaying properly. The launch is at 21:00 GMT+1 (London time)
Post
Topic
Board Announcements (Altcoins)
Re: [ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launch in few hours!
by
EnigmaCoinTeam
on 23/04/2015, 18:18:46 UTC
Algo is X13. Lately new coins are mostly with scrypt or sha-256. What do you guys think of the benefits? My take was given that POW phase is relatively short there is no need to use scrypt or sha-256
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Topic
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Topic OP
[ANN]!!!EnigmaCoin!!! - POW - X13 - No premine - Launched!
by
EnigmaCoinTeam
on 23/04/2015, 18:10:45 UTC
[EGMA] EnigmaCoin

http://i.imgur.com/Xm0sYtt.png


http://i.imgur.com/2XUa4jt.png


Windows Wallet
Github
BlockExplorer

Exchanges:
BITTREX
YoBit




POOLS:
https://enc.coin-miners.info
https://enc.suprnova.cc


EnigmaCoin.conf
Code:
port = 11993
rpcport = 11992
addnode = 178.32.53.123

Initially I was seeking an investment of at least 50 BTC's for development efforts for this coin and tried to organize ICO fundraiser. However due to the lack of interest ICO was scraped. I have managed to find enough time to develop the coin and therefore do not require additional funding. So instead of an ICO this coin will be distributed via standard POW.

http://i.imgur.com/9Wc46WS.png

Name: EnigmaCoin
Ticker: [EGMA]
POW+POS (X13)
Block reward: 100 [EGMA] (Block 1-100 - reward 1 ENC)
Distribution: POW+POS
Money Supply: 1,000,000 [EGMA]
POS starts at 7,000 blocks
POW ends at block height: 10,000
Total POW coins ~ 850,000
Block time: 60 seconds
POS interest: 5% per year


http://i.imgur.com/sr3regC.png

Download PDF

http://i.imgur.com/n6icY5S.png

Anonymity

How is your coin balance being tracked and what blockchain properties are responsible for this?

As you all know one can always check coins balance directly from the blockchain using block explorer. In most cases, users prefer to use single wallet address multiple times - to receive money from other users, from pools etc. In theory you could, of course generate a brand new address for each transaction, however this is not particularly convenient. Imagine how it would be if you had to update your payout address in your pool settings every time you want to get your coins out there.
Besides that, using multiple addresses may bring a lot of confusion when your coins are all spread between different addresses and you need to execute single big transaction. For example, you need to pay someone 100 coins and you have 120 coins evenly spread between 3 different addresses. Now your simple 100 coins transaction will require to create at least 4 different transactions: 3 transactions of 40 coins and one return transaction with change.

http://i.imgur.com/oPnlMUD.png

Anyone who happens to throw a glance on the blockchain after your transaction will clearly see that all three address obviously belong to a single person, and how much money this person have. With pretty simple observation anyone can track and analyze blockchain to see major coin holders and accurately estimate your coin balance no matter of how much work you put in mixing your coins between your addresses.

How to change this?

To better understand the idea lets look at the simple example of how the new address generation and further address usage occurs:

At first private key "A" is being generated. Basically "A" is simply a big and random number.
After that your public key "B" is being calculated from your private key using a hash function. An algorithm that creates "B" from "A" is irreversible, which means that even if everyone knows your public key "B", there is no way to find out what was original "A" that gave birth to it. That "B"  will be transformed to "C" in order to represent it as a familiar 34 digit string that will be from now on used as your wallet address. You will give your "C" key (address) to everyone to receive your coins. Your secret "A" key will stay unused until you will need to send some coins to other users. At this point it will be used as a signature that tells everyone that your transaction is in fact valid.  
The simple logic of address generation will now look like that:
http://i.imgur.com/0qYnEEM.png
What happens if another variable is introduced between A and B? It is known that A - is a random number. Imagine that instead of directly calculating B from A an interim Z variable is introduced. Z will be calculated using the irreversible function from A as was previously B. Now from Z multiple B arguments can be generated (all Bs will now be generated from Z instead of A). In order to receive a transaction you will provide your "Z" address instead of your "B", and every time a transaction to you is originated your counterpart will generate new "B" address for every transaction. This it equivalent to generating new wallet address every single time someone sends you a transaction.
When you need to originate a transaction - any of newly generated B arguments will be used and signed by your private key "A" (not Z). Therefore the new logic will look like this:
http://i.imgur.com/ViTpOGm.png
Using this simple change in logic, common analyses of blockchain will become almost impossible. Because blockchain doesn't know of the existence of "Z" and all new Bs are generated every time you receive coins.

However there is still a possibility to analyze the blockchain!

That's correct. And there is a way make it impossible. The only thing that gives away that several wallets belong to a single person is a transactions with multiple inputs. Let's get back to our previous example where you had 3 wallets with 40 coins in each one of them. Suppose you would like to transfer 100 coins to the recipient. To do that, the recipient gives you her Z address. Knowing her Z you will generate 3 different Bs (B1, B2, and B3). Then you will go ahead and create 3 separate transactions. The first and the second transactions will be one-way transactions of 40 coins. For the third transaction the current logic is to send 40 coins and receive 20 coins in change from the recipient. However, instead of doing this you would receive the change to a unique wallet that will be generated from your Z by the recipient - therefore in the blockchain it will be impossible to deduce that all of your wallets are connected.

http://i.imgur.com/rxtjgX8.png

What are the real benefits?

Obfuscation of blockchain analysis is achieved and it provides another tool in the box for the path toward true anonymity. By no means this approach provides the ultimate solution for the anonymity and it should be coupled with other available solutions.