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Showing 20 of 106 results by Entusiasta
PoS can not be decentralized and can not be secure. You will never know if an opponent has taken control of all or part of the nodes, all nodes can be compromised or hacked.
There will be no greater security than just the PoW, there will actually be less.
There will be no greater security than just the PoW, there will actually be less.
I believe its easier to hack 2 or 3 pools in order to control a network over PoW (and often 1 pool has more than 50% of it, so a single target to hit) than hacking all the nodes of a network. Pools also run more code than a node so attack surface is greater.
Network can not be controlled "over PoW" by hacking pools, because hashing power is in hands of miners not pools itself. I don't know how a PoS network can be secure and how a PoS based coin can guarantee privacy, because PoS is inherently centralized.
Maybe privacy is not intended for zano?
Not sure how much you have mined, but miners provide power to pools, pool is running the node so it can double spend and do all kind of things with that node, as long as the pow algo is the same miners don't know much about what they really do...
No surprised that everyone is worried about pools that owners near large chunk of bitcoin network...
If a pool double spends it will lose all its miners, so it can not "control a network over PoW"; yes, it can do all kind of things with that node but not with the network. With PoS you will never know if a malicious actor has sabotaged all or part of the nodes. There is not solution to 51% PoW attack because PoW is the only solution to Byzantine Generals Problem.
The cryptocurrency community must accept the risk of 51% PoW attack, unless wishes to renounce decentralization and privacy.
PoS can not be decentralized and can not be secure. You will never know if an opponent has taken control of all or part of the nodes, all nodes can be compromised or hacked.
There will be no greater security than just the PoW, there will actually be less.
There will be no greater security than just the PoW, there will actually be less.
I believe its easier to hack 2 or 3 pools in order to control a network over PoW (and often 1 pool has more than 50% of it, so a single target to hit) than hacking all the nodes of a network. Pools also run more code than a node so attack surface is greater.
Network can not be controlled "over PoW" by hacking pools, because hashing power is in hands of miners not pools itself. I don't know how a PoS network can be secure and how a PoS based coin can guarantee privacy, because PoS is inherently centralized.
Maybe privacy is not intended for zano?
PoS can not be decentralized and can not be secure. You will never know if an opponent has taken control of all or part of the nodes, all nodes can be compromised or hacked.
There will be no greater security than just the PoW, there will actually be less.
There will be no greater security than just the PoW, there will actually be less.
Re: [BBR] Boolberry: Privacy and Security - Guaranteed Since 2014
Hey. Please tell us what are the communities' ideas about including the BBR as Masternode?
If you want BBR coins do your work, and give us the Proof of your Work.
The only solution for Byzantine Generals' Problem is the PoW, so PoS(hit) and masternodes are insecure.
Re: [BBR] Boolberry: Privacy and Security - Guaranteed Since 2014
Is there any chance Boolberry will have a masternode system or similar?
Zoidberg is planning to bring in a Proof of Stake hybrid system into Boolberry. Dash's masternode system started out as a privacy mechanism for its coinjoin system but at it core it is basically a Proof of Stake layer that requires users have a 1000 coins to participate. By design their system is not very egalitarian and because of that it drives the price up by requiring users to have 1000 coins and those coins remain off market staking which also reduces the availability of the coin supply.
Cool. Wouldnt the reduced supply be beneficial in increasing the price? Less circulating supply plus more demand.
Yes it would. It's proven very effective for Dash. It might be something for the community to discuss with Zoidberg as an option. I personally prefer egalitarianism (any amount can stake) which would let everyone help secure the network by staking. I see there are some movements in the Dash community now to lower the masternode requirement.
Another thing to consider is CN projects have daemon and wallet as two separate processes. In theory, one could run a daemon and allow others to connect remotely to it so they don't have to sync daemon. This "Masternode" daemon could be compensated for its service through a fee for each user that uses it, similar to how Dash's masternodes are compensated for providing privacy.
1.- How do you know a master node has not been compromised? How do you know all masternode network has not been hacked? PoW is the only solution to the Byzantine Generals' Problem. PoS is not a PoW, so it has an inherent risk. http://nakamotoinstitute.org/mempool/proof-that-proof-of-work-is-the-only-solution-to-the-byzantine-generals-problem/
2.- There are no ASICs for wildkeccack, and BBR has a well distributed hashingpower.
3.- The first and most succeful cryptocoin is pure PoW.
4.- Crytpcoin leaders in privacy vertical are pure PoW.
5.- Dash is not a cryptocurrency to imitate: its mixing system is horrifying, you need a course to temper it. And its does not garanted privacy because PoS cannot solve the Byzantine Generals' Problem.
6.- The "availability of the coin supply" should be reduced by the quality of BBR, security of its blockchain and privacy must be the focus: "Privacy and Security - Guaranted".
So, what's the point in PoS for BBR?
Re: [ANN][XTV]Tavos | CPU/GPU | Cents in the Net - Community Coin | CryptoNote | POW
Where is the blockchain?
'save' command doesn't work; exit command doesn't storage the blockchain...
'save' command doesn't work; exit command doesn't storage the blockchain...
If you're using Windows:
It's saved in /Roaming/Tavos
Run %appdata% in Windows
Of course... it should be saved there, but it is not.
Re: [ANN][XTV]Tavos | CPU/GPU | Cents in the Net - Community Coin | CryptoNote | POW
TAVOS
Cents in the Internet
Tavos came from the word: "centavos" which in Spanish means 1/100 of a currency or a cent
Total Supply: 18446744073709551616 - 184.46 billion
Block Reward: Smoothly Decreasing per Block
Block Retarget: 2 mins
Amigo, esto no son 'billones' hispanos ni tampoco 'billions' anglosajones: los primeros son del orden de 10^12 y los segundos de 10^9. Son 18.46 trillones hispanos.
Re: [ANN] AEON Gen 2 Cryptonote, Anon, Mobile-friendly, Scalable, New roadmap+Dev
I'm solo mining this coin with aeond, and to want to mine on same daemon from another pc (cpu mining) in my home network (cpu mining).
Please, how to do it?
Thank you.
Please, how to do it?
Thank you.
You can try simpleminer which comes with the standard distribution. No one really uses it (for any of the cryptonote coins) so it is possible it won't work or won't work well.
Failing that you will have to install the pool software and then you can use any of the optimized pool miners, gpu miners, etc.
For any of these you also need to make sure your firewall settings allow the remote connection.
Re: [ANN] AEON Gen 2 Cryptonote, Anon, Mobile-friendly, Scalable, New roadmap+Dev
I'm solo mining this coin with aeond, and to want to mine on same daemon from another pc (cpu mining) in my home network (cpu mining).
Please, how to do it?
Thank you.
Please, how to do it?
Thank you.
Re: [BBR] Boolberry GPU Miner Discussion - AMD & Nvidia - OpenCL & CUDA
yes the software works fine but the only issue is the server disconnects. tried a few different pools and getting the same issues.
Getting discontections on GPU solo mining, also 
Re: [ANN][DNC][GPU/CPU]DarkNetCoin-NOPREMINED-NO IPO-True anonymity
I would like to solo mine but I have a problem:
http://gyazo.com/286e367f97a9d100636911f61dfb1770/
how to fix it?
http://gyazo.com/286e367f97a9d100636911f61dfb1770/
how to fix it?
Re: [ANN] [ONE] 1Coin | First 3S PoW Cool & Economical | Binaries4Everyone
This is what I get when solo mining, v1.0.0.2 with win_sgminer_3s_v5.0.0_native on Win 8.1 64 bits:
http://gyazo.com/6dcc549e565ef9b1a1625ccba6be31f7
How to fix it?
http://gyazo.com/6dcc549e565ef9b1a1625ccba6be31f7
How to fix it?
Re: [ANN] [CTD] [SHA-3] CateDoge!Time warp patched! v1.3, Rapid transactions
I got a few simple ideas and unique which you may like to implement as a developer. That's good enough for promotions (and that's all what DRK did).
I'll do what I can do on my side.
DRK has been working very hard on the technical side, and anonimity is determinative (anonimous transactions, opaque blockchain, etc.).
But unfortunately this coin's dev gave up.
First wave of bitcoin took years, now alt devs pretend to go to the moon in two months.
Re: [ANN] [CTD] [SHA-3] CateDoge!Time warp patched! v1.3, Rapid transactions
I got a few simple ideas and unique which you may like to implement as a developer. That's good enough for promotions (and that's all what DRK did).
I'll do what I can do on my side.
DRK has been working very hard on the technical side, and anonimity is determinative (anonimous transactions, opaque blockchain, etc.).
Re: [ANN] Flux - Move Forward - Move Fast | SHA-3 | FORK AT 22,000
So I just went over to hardcoreminers, and they're still mining Flux...what the shit is going on here?!
You should read the oficial thread of CateDoge. Currently somenthing similar happens here. Only two pools where mining CateDoge (coincidence): Hardcoreminers and Pool.MN.
When no nodes available and people could not update, and not mine, Hardcoreminers was (solo) mining CateDoge for weeks; personally I wrote an email asking for help to sync wallets, but hardcoreminers did not collaborate and their node was not visible UNTIL they had a huge chunk of coins. Now CateDoge is alive but nearly 100% hasrate is from hardcoreminers.
Previosly, Pool.MN publically and in advance refused to update its wallet for a mandatory fork; subsequently, when mining the wrong chain Pol.MN blamed the dev.
Maseo: "What are you changing at the hardfork? Because changing or hardforking might need to lead to adjusting the p2pool, if it's gonna work. Or i'll wait UNTILL the hardfork.."
The hardfork was well publised in OP and in several posts.
http://gyazo.com/bd911e6d4c372ec5fa6407bd605426b4
http://gyazo.com/2a0582f6c48bed1dda5afda1871cf0da
http://gyazo.com/a33f2106eefd0cd20d836ab1b1782263
http://gyazo.com/339f65238957d8c135791df301c4c55d
I have been SOLO mining FLUX from the beginning because I dont want to use neither Hardcoreminers nor Pool.mn again .
Both pools are on the wrong chain, they did not update their wallets and they pretend we ditch the best chain and our wallets in order to save their ass.