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Showing 20 of 51 results by JosephStalin
Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure
[...] we won't get any dividends from the Envion team because they scammed the people by showing fake promises to the investors.
Sorry to day that, but the promises from envion were wrong from the start one, the math was wrong. It was calculated as the units were produced instantly - which is impossible. The more money was given to them the lower (!!) the ROI in the first year would've been, because all that money has to be converted into units first. And they were so slow in the process, that they were unable to proof any running units after months have passed.
The failure of envion was obvious in january '18 - at least IMO. Show me otherwise.
It is incredible what happened with Envion. In the middle of Europe, Germany these guys has stolen more than 100 million dollars and there is no any outcome. It is unbelievable. I put a lot of efforts for the bounty and all efforts is just wasted and a lot of investor lost their hard earned money. That is modern organized crime.
Incredible is the right word. Germany and Switzerland, where their company was registered, are supposed to be some of the most honest countries IN THE WORLD and the fact that thieves who have stolen over 100 million dollars are getting away with that instead of rotting now in some prison is simply untollerable. If the judicial system fails to actually deliver justice one cannot be surprised if and when victims end up looking for alternative ways to get justice.
Re: [ANN][Main] Bitcore- BTX - Partnership with JAXX and ZelCore!
they fooled us with btxm and Fiat Gateway and big exchange but all was a lie And it was never supposed to be done. this coin was scam in the first place?
The project is currently managed by ivo. You are welcome to contact him.
You mean Bitcore is managed by ivo? You mean the whole project is (implying you and other are out now)? Or just some aspect? Please give us a less ambiguous answer. Did anyone quit?
Re: [ANN][AIRDROP]X-CASH - Global Payments | Cryptonight v7 | Fast.Secured.Low-cost.
⭐ Merited by BountyX (2)
I've read somewhere that X-Cash may be planning to introduce KYC for its airdrop receiver, so as to better fight multi-accounts. My opinion is that that would be a strategic mistake for some pretty obvious reasons:
1. Being originally a fork of Monero X-Cash appeals naturally to people looking for privacy - a KYC is not exactly what people looking for privacy would wish for, especially the educated Western people who are in crypto because of its philosophy and principles, and not just for the free money. Most of the educated airdrop receivers would just renounce to get further airdrops. Nobody with some brain in the West would give away their private data for 7$ a month (which is the current value of the airdropped x.cash). In other words: your airdrop community would likely lose 100% of the people who really care for the fundamental ideas behid cryptocurrencies.
2. Multi-accounters from poor countries where crypto airdrops & bounties are an important tool of survival wouldn't be scared off by a full KYC - they would just get all family, relatives and neighbours to give them IDs and docs for full KYC. Where money is deeply needed all privacy concerns disappear.
3. The final result of a full KYC of airdrop receivers would simply be that of sending a much higher percentage of Xcash to people of poor countries. While this would surely have nice ethical implications, i strongly doubt it would help XCASH's ambition of appealing to the Western banking system and financial institutions, with which it supposedly wants to collaborate. Moreover, people of poor countries who are using airdrops to survive and to feed families are more likely to have to dump immediately all their free coins, which obviously is something which affects the price. Nothing against all this happening, as I've said it's a very nice ethical implication, but I would not be eager to shift too much the balance of the airdrops in that direction.
4. While fighting fake accounts and multi accounts is a necessary task, doing that at the price of impoverishing the community is NOT a good idea IMHO. There is no perfect solution to this problem, and the end result of radical solutions might just be that of a darwinian selection of the worst people - ie the best cheaters.
1. Being originally a fork of Monero X-Cash appeals naturally to people looking for privacy - a KYC is not exactly what people looking for privacy would wish for, especially the educated Western people who are in crypto because of its philosophy and principles, and not just for the free money. Most of the educated airdrop receivers would just renounce to get further airdrops. Nobody with some brain in the West would give away their private data for 7$ a month (which is the current value of the airdropped x.cash). In other words: your airdrop community would likely lose 100% of the people who really care for the fundamental ideas behid cryptocurrencies.
2. Multi-accounters from poor countries where crypto airdrops & bounties are an important tool of survival wouldn't be scared off by a full KYC - they would just get all family, relatives and neighbours to give them IDs and docs for full KYC. Where money is deeply needed all privacy concerns disappear.
3. The final result of a full KYC of airdrop receivers would simply be that of sending a much higher percentage of Xcash to people of poor countries. While this would surely have nice ethical implications, i strongly doubt it would help XCASH's ambition of appealing to the Western banking system and financial institutions, with which it supposedly wants to collaborate. Moreover, people of poor countries who are using airdrops to survive and to feed families are more likely to have to dump immediately all their free coins, which obviously is something which affects the price. Nothing against all this happening, as I've said it's a very nice ethical implication, but I would not be eager to shift too much the balance of the airdrops in that direction.
4. While fighting fake accounts and multi accounts is a necessary task, doing that at the price of impoverishing the community is NOT a good idea IMHO. There is no perfect solution to this problem, and the end result of radical solutions might just be that of a darwinian selection of the worst people - ie the best cheaters.
Rebalancing is like stealing candy from a baby. You guys need to take a look at this!
https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266
https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266
Congratulations for what seems to be a great idea and a cool tool. It is a bit frustrating for 99% of people in crypto, but this is part of the game. But would your system work if EVERYONE would use it and hodlers would disappear? THAT is the question.
Re: [ANN]⚡⚡🔐[PRiVCY]🔐⚡⚡[12th Airdrop - Starts 25th August]✅[PoW/POS]✅
Lets all give our 100% and utmost support to the PRiVCY project guys even by just voting on free listing competition on exchanges. Lets show to them how strong and united our community are. We already lost few spot on sonox voting and we are at critical spot of 15. Few days left and we should be responsible on casting our votes on daily basis. Anyways AD12 is near and i hope it goes successfully. Also dont forget voting competition on other exchanges. Lets all hope for the best of the project. Long live PRiVCY community.
This is the moment when the game is getting hard and only the toughest survive - we are at risk of being thrown out from the Sonox echange listing if all the communnity does not vote every day for the next few days! Vote! Vote! Vote! For PRiVCY, by the way. Don't press wrong buttons
https://sonox.io/vote
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
What Does the Future Hold for ZEN? @Crypto Tips
https://www.youtube.com/watch?v=g9vu2hiIU5E&feature=youtu.be&t=5
ZenCash has gone far distance over the last one year.https://www.youtube.com/watch?v=g9vu2hiIU5E&feature=youtu.be&t=5
And, the project has made great initiatives to fix bugs and created new mechanisms to fight against potential Replay Attacks.
Honestly, ZENcash team have done lots of works, and made it efficiently than I expected.
True, I have not seen many projects achieving som many milestones in one year as Zen has done - and the latest rebranding is great too!
I like the blogs published by Bitmex. One of the awesome sources to gather knowledge around cryptocurrency.
In this blog they discuss problem and benefits of deflationary economics. https://blog.bitmex.com/bitcoin-economics-part-3/
To quote from this:
I agree that it's a new kind of monetary system and it would have it's own problem when it becomes well adapted. but economically speaking do we need this system adding to the complexity already existing financial system.
In this blog they discuss problem and benefits of deflationary economics. https://blog.bitmex.com/bitcoin-economics-part-3/
To quote from this:
Quote
However, even if Bitcoin has solved this economic problem, perhaps its naive to think Bitcoin would result in a more prosperous economic system. Bitcoin is a new and unique system, which is likely to cause more economic problems, perhaps unexpected or new ones. After all there is no perfect money. It just may not be correct to apply the traditional economic problems of the past, to this new type of money. Although it may be more difficult, identifying Bitcoins potential economic problems may require more analysis and a stronger understanding of the underlying technology.
I agree that it's a new kind of monetary system and it would have it's own problem when it becomes well adapted. but economically speaking do we need this system adding to the complexity already existing financial system.
We still didn't discover yet all the problems connected with the deflationary aspect of Bitcoin. We are not enjoying some positive aspects, but the negative will pop up eventually.
Re: [ANN]⚡⚡🔐[PRiVCY]🔐⚡⚡[11th Airdrop - Starts 18th August]✅[PoW/POS]✅
Looking forward to release the whitepaper the expectations to see the goal and aim of the project.
Let's hope that the Whitepaper will be at the hight levels of expectation or even higher. A poor whitepaper would be worse than no whitepaper. You can't mess with something like that.
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
Rolf Versluis (also known as BlockOps) is co-founder and Special Advisor of ZenCash.
I agree with Rolf's opinion on not really such a thing as ASIC/FPGA Resistance. However, there most certainly is such a thing as ASIC/FPGA EVEN KEEL. Meaning, ASIC's and FPGA's are put on pretty much an even keel with GPU's at a ratio of 1.1 to 1.0 or 1.2 to 1.0 at best for ASIC's and FPGA's. Especially, with PROG Proof of Work. He mentions PROG Proof of Work in a comment below in purple. He also mentions GPU miners coming over to ZENcash [If there was a fork] to "...use our wallets... which would be good overall for the project."
What disturbs me is the many times [While discussing ASIC's] he said, "...to be category leader."
I wonder which is more important:
Is it more important to become category leader of an ASIC/FPGA coin mined by fewer people and therefore creating a smaller "centralized" community and slow growth in the size of that community?
- OR -
Is it more important to increase the number of people mining to make ZENcash more secure and DE-centralized; WHILE increasing the SIZE of the community with more people having the opportunity to get involved and mine with GPU's?
Rolf Versluis made the following statements in a recent notification update for ASIC Resistance:
"The way to become a category leader for an ASIC is to first become a category leader in an Algorithm. Zcash is, right now, the category leader in Equihash with parameters N=200 and K=9. There are multiple ASIC miner vendors for that algorithm, further securing the Zcash blockchain."
"By making the change, ZenCash would have a chance, over the next year or so, to become the category leader in Equihash 144, 5. Depending on what the ASIC manufacturers decide, they might build an ASIC miner for Equihash 144, 5. At that point ZenCash would have the opportunity to be a category leader in an algorithm mined by ASICs. That would be a good position to be in from a project security standpoint."
"If Zcash announces that they intend to change to a different Algorithm than Equihash with parameters of 200, 9, that opens up an interesting possibility for ZenCash. There are already multiple ASIC mining vendors for that algorithm. If ZenCash stayed on that algorithm, then when Zcash made the change away from it, ZenCash would have the opportunity to be the category leader in that algorithm."
Rolf Versluis (also known as BlockOps) also said the following:
"Its also worthwhile to look, longer term, to change to an algorithm that is more balanced between CPU, GPU, FPGA, and ASIC. The most balanced algorithm between GPU and ASIC in production right now appears to be Ethash. There are other algorithms in development, including Prog-POW and Merkle Tree Proof (MTP), that may be even more balanced between CPU, GPU, FPGA, and ASIC. One of the reasons for making this change is to give as many different people the opportunity to mine ZenCash as possible, expanding the community. This type of algorithm might be a good one to change to at the same time that ZenCash potentially changes from blockchain to blockDAG."
"In the mining world, there are many miners who have GPU miners that are finding it unprofitable to mine either Zcash or ZenCash, because of multiple factors, one of them being the entry of Equihash ASIC miners into the marketplace. If ZenCash were to change to a version of the Equihash algorithm with parameters 144,5 that can not be currently mined by ASIC, there would be many GPU miners that were mining Zcash that would change over to mining ZenCash. They would then use our wallets, evaluate the potential of retaining mining earnings for Secure Nodes, and find out more about ZenCash, which would be good overall for the project."
Which is more important:
Is it more important to become category leader of an ASIC/FPGA coin mined by fewer people and therefore creating a smaller "centralized" community and slow growth in the size of that community?
- OR -
Is it more important to increase the number of people mining to make ZENcash more secure and DE-centralized; WHILE increasing the SIZE of the community with more people having the opportunity to get involved and mine with GPU's?
We've already seen ZCash fall prey to ASIC's and give in. We'll soon find out if ZEN will do the same. Unfortunately, I'm not liking what I'm hearing at the moment with this so called, "category leader" stuff.
I do like knowing he sees the logic with GPU miners coming back "They would then use our wallets, evaluate the potential of retaining mining earnings for Secure Nodes, and find out more about ZenCash, which would be good overall for the project." However, does he think GPU miners will stay and support the network by getting involved with secure nodes and super nodes when ASIC's are made for 144.5 parameter and he fails to change the algorithm to something like PROG PoW to put ALL HARDWARE on an even keel?
It seems like it's still up in the air and more 50/50 in regards to an algorithm like PROG PoW to put ALL HARDWARE on an even keel. Yes, I do believe there will be a fork to at least 144.5. I'm concerned about what they do afterwards. Cause like he said, there will be ASIC's on 144.5 eventually.
I "KNOW" there is a LOT involved with transitioning over to another Proof of Work that would make ZEN more open to more miners by putting ASIC's and FPGA's on an EVEN KEEL with GPU's. I'm sure the task may seem daunting. However, I ASSURE YOU, it will pay great dividends down the road if ZEN would change their Proof of Work to put ALL HARDWARE (GPU, ASIC and FPGA) ON AN EVEN KEEL. This way, everyone is happy. There are people living in countries that have actually banned crypto mining ASIC's. They don't ban GPU's. Everyone would be happy if ZEN switched to an algorithm that puts ALL HARDWARE on an EVEN KEEL.
I hope ZEN can see the great opportunity laid before them. They have a great roadmap and only need to increase the size of the community to take part in their vision. Accepting ASIC's will NOT expand that vision to multiple users on a grand scale. I assure you it won't. If GPU's were put on an even keel with ASIC's, then we could truly see ZEN begin to grow astronomically while other alt coins are still struggling to exist.
That's my two cents.
David
I agree with Rolf's opinion on not really such a thing as ASIC/FPGA Resistance. However, there most certainly is such a thing as ASIC/FPGA EVEN KEEL. Meaning, ASIC's and FPGA's are put on pretty much an even keel with GPU's at a ratio of 1.1 to 1.0 or 1.2 to 1.0 at best for ASIC's and FPGA's. Especially, with PROG Proof of Work. He mentions PROG Proof of Work in a comment below in purple. He also mentions GPU miners coming over to ZENcash [If there was a fork] to "...use our wallets... which would be good overall for the project."
What disturbs me is the many times [While discussing ASIC's] he said, "...to be category leader."
I wonder which is more important:
Is it more important to become category leader of an ASIC/FPGA coin mined by fewer people and therefore creating a smaller "centralized" community and slow growth in the size of that community?
- OR -
Is it more important to increase the number of people mining to make ZENcash more secure and DE-centralized; WHILE increasing the SIZE of the community with more people having the opportunity to get involved and mine with GPU's?
Rolf Versluis made the following statements in a recent notification update for ASIC Resistance:
"The way to become a category leader for an ASIC is to first become a category leader in an Algorithm. Zcash is, right now, the category leader in Equihash with parameters N=200 and K=9. There are multiple ASIC miner vendors for that algorithm, further securing the Zcash blockchain."
"By making the change, ZenCash would have a chance, over the next year or so, to become the category leader in Equihash 144, 5. Depending on what the ASIC manufacturers decide, they might build an ASIC miner for Equihash 144, 5. At that point ZenCash would have the opportunity to be a category leader in an algorithm mined by ASICs. That would be a good position to be in from a project security standpoint."
"If Zcash announces that they intend to change to a different Algorithm than Equihash with parameters of 200, 9, that opens up an interesting possibility for ZenCash. There are already multiple ASIC mining vendors for that algorithm. If ZenCash stayed on that algorithm, then when Zcash made the change away from it, ZenCash would have the opportunity to be the category leader in that algorithm."
Rolf Versluis (also known as BlockOps) also said the following:
"Its also worthwhile to look, longer term, to change to an algorithm that is more balanced between CPU, GPU, FPGA, and ASIC. The most balanced algorithm between GPU and ASIC in production right now appears to be Ethash. There are other algorithms in development, including Prog-POW and Merkle Tree Proof (MTP), that may be even more balanced between CPU, GPU, FPGA, and ASIC. One of the reasons for making this change is to give as many different people the opportunity to mine ZenCash as possible, expanding the community. This type of algorithm might be a good one to change to at the same time that ZenCash potentially changes from blockchain to blockDAG."
"In the mining world, there are many miners who have GPU miners that are finding it unprofitable to mine either Zcash or ZenCash, because of multiple factors, one of them being the entry of Equihash ASIC miners into the marketplace. If ZenCash were to change to a version of the Equihash algorithm with parameters 144,5 that can not be currently mined by ASIC, there would be many GPU miners that were mining Zcash that would change over to mining ZenCash. They would then use our wallets, evaluate the potential of retaining mining earnings for Secure Nodes, and find out more about ZenCash, which would be good overall for the project."
Which is more important:
Is it more important to become category leader of an ASIC/FPGA coin mined by fewer people and therefore creating a smaller "centralized" community and slow growth in the size of that community?
- OR -
Is it more important to increase the number of people mining to make ZENcash more secure and DE-centralized; WHILE increasing the SIZE of the community with more people having the opportunity to get involved and mine with GPU's?
We've already seen ZCash fall prey to ASIC's and give in. We'll soon find out if ZEN will do the same. Unfortunately, I'm not liking what I'm hearing at the moment with this so called, "category leader" stuff.
I do like knowing he sees the logic with GPU miners coming back "They would then use our wallets, evaluate the potential of retaining mining earnings for Secure Nodes, and find out more about ZenCash, which would be good overall for the project." However, does he think GPU miners will stay and support the network by getting involved with secure nodes and super nodes when ASIC's are made for 144.5 parameter and he fails to change the algorithm to something like PROG PoW to put ALL HARDWARE on an even keel?
It seems like it's still up in the air and more 50/50 in regards to an algorithm like PROG PoW to put ALL HARDWARE on an even keel. Yes, I do believe there will be a fork to at least 144.5. I'm concerned about what they do afterwards. Cause like he said, there will be ASIC's on 144.5 eventually.
I "KNOW" there is a LOT involved with transitioning over to another Proof of Work that would make ZEN more open to more miners by putting ASIC's and FPGA's on an EVEN KEEL with GPU's. I'm sure the task may seem daunting. However, I ASSURE YOU, it will pay great dividends down the road if ZEN would change their Proof of Work to put ALL HARDWARE (GPU, ASIC and FPGA) ON AN EVEN KEEL. This way, everyone is happy. There are people living in countries that have actually banned crypto mining ASIC's. They don't ban GPU's. Everyone would be happy if ZEN switched to an algorithm that puts ALL HARDWARE on an EVEN KEEL.
I hope ZEN can see the great opportunity laid before them. They have a great roadmap and only need to increase the size of the community to take part in their vision. Accepting ASIC's will NOT expand that vision to multiple users on a grand scale. I assure you it won't. If GPU's were put on an even keel with ASIC's, then we could truly see ZEN begin to grow astronomically while other alt coins are still struggling to exist.
That's my two cents.
David
This is one excellent post which allows newcomers to have a immediate view of the current discussions. I am surprised that such a good post didn't get any merit (yet).
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
Hey, I have discovered a secret maybe. The new brand name
ends with EN letters
Who wanna bet some zen?
ends with EN letters
Who wanna bet some zen?
Do you mean that Zencash is planning to rebrand? I actually like Zen very much, not sure that it would be a good idea to change it.
There are other factors in play which determine the price, such as big players and whales manipulations. Those groups use the information as manipulative tools, so the news are not the cause of the price action but (paradoxically) the consequence.
Re: [ANN]⚡⚡🔐[PRiVCY]🔐⚡⚡[9th Airdrop - Starts 4th August]✅[PoW/POS]✅
It's very difficult to get in the airdrop and stay there :|
It is very difficult to get in the airdrop if you don't read the rules and possibly you don't even know what you are talking about and you are just spamming this and other threads with useless posts.
Re: ANN Launch Know Your Developer (KYD) - New days of secure investing are here!
KYD is moving along nicely, now they have been listed on Delta and Blockfolio platforms. Also KYD has been listed on MCT Plus exchange, I don't know much about this exchange but its good to see KYD on another exchange. Also MasterCoin has confirmed that they will be hosting KYD on their MasterPool once it is released. I really believe that KYD project will be successful and a solid long term project for the future. Keep up the good work dev!
I'd be more interest in the developement of the KYD Platform than the KYD token market in fact. Often people end up interested only in token speculations versus real world use of the project.
Re: ANN Launch Know Your Developer (KYD) - New days of secure investing are here!
Wow! There is indeed a big need for a Know Your Developer Platform - there has been too many scams in this world. I ddn't have time to read all details about the project, but I will and I strongly hope that you will succeed.
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
When will the algo change?
There is no exact date. This is official Team's statement ->
https://blog.zencash.com/zencash-statement-on-potential-equihash-algorithm-change/
A very wise and balanced approach. It is good to have a team with an excellent grasp of the situation and responsive to the instances of the community.
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
This is our plan to fight 51% attack in the future
https://blog.zencash.com/zencash-leads-the-fight-against-the-51-attack/
https://zencash.com/assets/files/A-Penalty-System-for-Delayed-Block-Submission-by-ZenCash.pdf
Wow, this PDF is a very interesting document, could become a true milestone in crypto, but I will have to analyzi it in detail - as for the video, one hour is too long for people's current span of attention
Re: [ANN][Airdrop] 🔥 MeYou 🔥 - Ecological-autonomic Distributed Social Network
The link to your airdrop campaign on your OP is leading nowhere. Are there other campaigns, like a Bounty campaign, running for your project? There are already other social network projects in the crypto world, but they are not rocking.
Happy to see that you have come out with a Twitter Bounty. Well done. Aiming at becoming a Social Network you really should try to penetrate Twitter and Facebook customer base with bounties and other means.
Re: [ANN][Airdrop] 🔥 MeYou 🔥 - Ecological-autonomic Distributed Social Network
The link to your airdrop campaign on your OP is leading nowhere. Are there other campaigns, like a Bounty campaign, running for your project? There are already other social network projects in the crypto world, but they are not rocking.
Re: Report your 'on-forum altcoin giveaway' rule breaker here
I think it's an obsolete rule? well correct me if i'm wrong. But airdrops are blatant on bounties section, and I think it's equal to telegram campaign. Does this mean they're going on a loophole? By making airdrops = campaign?
At the moment it looks like basically every ICO is doing a givaway which they erroneously call "airdrop", since they are airdropping just 0.01% of their supply or so, which is what falls under the definition of givaway.
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
When will the algo change , against the ASICS?
I'm with you on that. We need a fork QUICK!!! The current network hash rate is approximately 74.5 MH/s. It was up to 95 MH/s earlier. This is PAINFUL indeed. I have 60 x NVIDIA 1080 TI. Half of which are EVGA 1080 Ti KingPins. All of my NVIDIA's are EVGA. They've seen much brighter days. This is depressing indeed.
....
The increase in hashrate here is nothing compared to what DERO, a cryptonight coin, experienced after the introduction of CN ASICs - it went from 4-6MH/s to as high as 2000MH/s... yes, a ~500x increase. Now it's running at closer to 200MH/s, mainly because of some massively bad decisions on the part of the devs* and because both SUMO and ETN forked back to ASIC-friendly CNv0.
* - namely, they lied about forking to block ASICs and when source code would be released, alienating all but a handful of their long time supporters.
That a true minefield - I guess which are the long term consequences of such a change. No risks of 51% Attacks?
How is ZEN Handling ths Whole issue? I understand there has just been a fork?