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Showing 8 of 8 results by Gatzuma
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Topic
Board Bitcoin Discussion
Re: Crypto Manifesto
by
Gatzuma
on 01/11/2018, 10:22:15 UTC
Yeah, it does and it has a bit of inquisition flavor added.
Let's burn the evil miners at the stake !!!

 Grin Grin Grin I like it

OP, I'm not sure if this is your creation but you're missing one important part in your manifesto, and that is your plan, on how you envision we do and achieve what you're planning?
And before you start answering, you must remember that you can't enforce freedom by bringing restrictions!


Nope, just no! As per article 8 in the current manifesto, I reserve the right to call this bs!!!  Grin Grin

You are right, that's the most provocative point of Manifesto. But "the real world" crypto currency do not need to be decentralized to serve the CRYPTO part of the equation. I beleive that Federated architecture is more suited for real life cases where you have to deal with some compromises between different parts of the equation (easy-to-use, performance, security, etc).

The temperature dropped from 28 yesterday to damn drizzle this morning, we need those threads to enjoy a hot coffee early in the morning.

100%  Roll Eyes
Post
Topic
Board Bitcoin Discussion
Re: Crypto Manifesto
by
Gatzuma
on 01/11/2018, 09:48:14 UTC
blockchain is a technology but why is seemingly everyone focused on payments, when that's already done?
it can be improved upon but imagine the industrial use cases (more and more appearing).

What's done? Could you pay for any goods by any crypto at the Amazon? Walmart? McDonalds? Transfer money for your old grandma? Nope.

I think we're closer to mass industrial backend adoption of crypto before mass adoption of bitcoin (or another currency) as payment method.

Exactly. And as engeneieer I can't see what could be really exciting about blockchain as technology cause there in IT we see The Next Big Thing like Web 2.0, NoSQL, SPA, etc, etc every year.

Should the people en masse be aware and excited of these new tech? I think no.

everyone already has, as mentioned in the thread, cards or cash.
while I definitely think crypto is a necessary replacement for the current monetary system, it's just seemingly a very slow and long process.

100%
Post
Topic
Board Bitcoin Discussion
Re: Crypto Manifesto
by
Gatzuma
on 01/11/2018, 09:33:07 UTC
1. Why does it have to be regular payments? Also you cannot use all the money you have as you probably do not use your fiat now and have savings. Same in crypto, even though some people use it as a currency, some people hodl it as savings.

Think about "real world" for a minute. How many people HODL dollars or euros in hope of rate growth? Nope, most of people are afraid of inflation rather. Indeed, most of cryptocurrency hodlers really hope that theirs portfolio become more and more valuable within short period of time (monthes, not years).

2. Technologies like what?

DAG or Block Lattice or whatewer else.

3. Mining is not evil and it is the most secure way to have a healthy 51% attack-proof and decentralised currency. Welcoming centralised architectures into crypto would lead to losing the main idea of a decentralised, uncontrolled currency that you were talking about in 1st point.

There are Byteball and Nano which are not really decentralized and performed well Smiley

4. Volatility isn't evil as it lets people profit from it. There has to be volatility in such a new project as bitcoin because it is a self regulated market.

So thats the main reason why Bitcoin is having hard time now. Nobody doing real business or having savings for long time would be happy to lose money.

5. So yeah, basically you answer with this point to the 4th point.

7. So I still don't get if you want a decentralised and unregulated or a new centralised and regulated fiat online currency.

Something in between Smiley
Post
Topic
Board Bitcoin Discussion
Crypto Manifesto
by
Gatzuma
on 31/10/2018, 23:24:59 UTC
I'm interested what do you guys think about?

>>> http://cryptomanifesto.io 

Roll Eyes Main Ideas

1. The main benefit of cryptocurrencies is the capability of free and regular payments between the participants, not benefiting from constant growth and making a profit out of it, like the believers in HODL imagine.

2. Blockchain is just a type of architecture. Let’s not idolize it as the central doctrine of the 21st century! We believe other technologies are possible for intermediary-free P2P-transactions.

3. Mining is an evil, full stop. We need better ways of reaching a consensus in our network. Federated and even centralized architectures are welcome, as long as they help achieve the other Manifesto goals.

4. Volatility is an evil. The cryptocurrencies of the future should be at least as stable as the coins issued by the G8.

5. Stablecoins, which got popular as an equivalent of fiat money at many exchanges, are not as good as regular coins. The rate of the future digital currencies should be based on the basic supply and demand principles, not dependent on the value of any national payment unit.

6. Cryptocurrencies should be of mass accessibility – which means as simple, transparent and secure in everyday life as the conventional cash and credit cards.

7. We can’t ignore the wish – moreover, the right! – of the government to control the circulation of cryptocurrencies in the system, unless the users have some objections. A proper exchange system ought to provide mechanisms of fulfilling this right for the government and citizens, while ensuring confidentiality of transactions and privacy for those who wish it.

8. The crypto community has no and can’t have a single standpoint. If you agree with the concepts in this Manifesto, please share it with others. If you disagree with us, please draft your own!
Post
Topic
Board Announcements (Altcoins)
Re: Network Attack on XVG / VERGE
by
Gatzuma
on 05/04/2018, 11:20:31 UTC
Looks like 2 * 15 sec, not 15 minutes.

Very funny. Are there some sort of code review in Verge?
Post
Topic
Board Идеи
Re: Вам не надоели длинные крипто кошельки?
by
Gatzuma
on 15/03/2018, 10:37:41 UTC
ИМХО, в новых поколениях валют будут naming сервисы в духе DNS для Интернета. Типичные адреса кошельков еще менее наглядны, чем IP-адреса серверов.
Post
Topic
Board Project Development
Re: Where to get the best API for altcoin price?
by
Gatzuma
on 12/03/2018, 16:10:08 UTC
From my own investigations CoinAPI and CryptoCompare both seems like stable and easy-to-use sources for crypto rates historical / real-time data.
Post
Topic
Board Project Development
Re: Where to get the best API for altcoin price?
by
Gatzuma
on 12/03/2018, 10:11:09 UTC
CoinAPI looks very interesting. Did you already try it for the service?

And yet another thing to consideration - will you use aggreagated data like OHLCV or raw data ticks to compute them by yourself?