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Showing 20 of 65 results by MuFaza
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Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
MuFaza
on 07/02/2017, 14:43:56 UTC
Hi, any calculator available yet?

You mean mining calculator?

Did some testing yesterday and got about 0.5 KMD/hr/1ksol from the pool.
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Re: [ANN] BitcoinDark (BTCD)--Teleport/Telepathy Privacy Tech--SuperNET Core Coin
by
MuFaza
on 30/12/2014, 09:35:52 UTC
Well yes, my words was maybe little too caricatured. My point of view for this matter is before the Supernet era, so to say.

Back then bitcoindark was the coin that would have all the nice features itself: jl777,  a new anon tech and exclusive anon mastercard (the list was long and good). It had tremendous unique value at some point and I had no doubt of breaking the records. But after harnessing its power for the supernet its uniqueness was lost and making many the features as part of the supernet (like supernet anon card etc.) Usable with every other currency. That's why I said "Nothing left for this coin.." which was too narrow-minded indeed.

In my mind the reason for downfall of the price is the said loss of uniqueness. Of course btcd still has it's important purpose in the big picture and I'm not trying to deny that. I'm just comparing the situation back then and now. Future might be bright and like I said, I'm still in this because I trust James's promises.

All this is pure speculation and should taken as such. I've high respect for the developers and the community behind btcd and supernet.
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Re: [ANN] BitcoinDark (BTCD)--Teleport/Telepathy Privacy Tech--SuperNET Core Coin
by
MuFaza
on 30/12/2014, 07:45:22 UTC
I sold my position to move on to other ventures.  It sounded like teleport was a week away back in September and I said to my self I'll wait till the end of the year and the price has done nothing but drop, and my wallet doesn't work so I was keeping my coins on an exchange, not good.  I bought in at .0006 and sold at .0045 so I still made a nice little profit although not as much as I could have made had I sold at the top.  I may be kicking myself if it goes up, but I figure there is always another good investment around the corner.  If it drops lower I will buy back a few, if not, no worries. 

I hear you, I have been keeping my coins so far only because of the endless promises. Since the beginning of the BTCD, most of the planned features has been transferred to the Supernet. For me (and probably some others) there just simply isn't anything left in this coin, than those promises James made back many moths ago.

Maybe the dividents will change the course, but we'll see..

I'll still sit on my coins that I bought at 25-50k, but I can't blame for other to abandon the ship.

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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 06/09/2014, 14:53:58 UTC
Thanks for the info, much appreciated.
So 10% for investing in other cryptos sill
leaves 90% of potentially millions.

Price of Tokens.
Its cheaper to buy now than it was 10 mins ago.  Huh

I thought they were a fixed price.
Have a look at the supernet thread and theres all
sorts of confusion there as well.


Sorry I meant to say 10% of supply per coin. 99% of the ipo will be spent on such activities, not 10%
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 06/09/2014, 14:25:17 UTC
New Question Shocked

Token Sell Price: Will this go up everyday or stay the same over the next couple of weeks.
If its the later I dont need to rush in and buy.

Revenue will be spent on other coins that will be added on the supernet and to support those markets. The aim is 10% of the supply if I remember correctly.
There is 15% discount to buy tokens from day one that is decreasing everyday by 1%. So ideally you would buy them at launching day.
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 01/09/2014, 06:17:41 UTC
I'm sure I've missed something earlier but I thought bitcoindark would be the unique platform that allows teleporting to exist. But it feels like that unique feature called supernet will be disconnected from the core of bitcoindark and reducing bitcoindark just being a part of it. Maybe this was initial plan but I missed it totally.

Supernet ipo is lucrative offer since it is decentralized investment by design and it will make calls based on inside info (Investing before announcements) so it has good opportunities to gain in value. The problem is I don't understand why would it be better to have 20btc in btcd when you could buy supernet shares with it. I'm sure James has a lot of good ideas for bitcoindark, but are they good enough to compete with supernet in long run? Also my concern is that will those new features be disconnected from btcd and just made part of supernet or something similar in the future.

tl:dr How is bitcoindark tied to supernet other than being part of teleport network and offering features that other don't have? How it differs from other coins in the supernet? Will this design plan reduce initial dividend plans for btcd holders?

Just honest questions from long-term supporter, pls be kind Smiley
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 29/08/2014, 10:17:34 UTC
It's sad to see how everything James says it is taken out of context in other threads. It feels like he can not think out loud and should only make official statements... >.<
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Re: [ANN][NEOS]Neoscoin Unique Anon(Arbitrush) Multi-Algo/Multi Exchange Web Wallet!
by
MuFaza
on 29/08/2014, 07:41:45 UTC
guys this coin has way bigger potential than cloak and competes more with btcd, plus our weapon...twoturtles!

Unique ANON arbitRUSH...

whales are piling up ,be strong, gonna be one hell of a ride!

You know bitcoindark doesn't compete with other anon coins. It wants to cooperate with others which increases anonymity for both via teleporting. On top of that there is plans to share revenues to those who are part of the teleporting network. There is much more leverage in alliance than everyone working alone.. Smiley
 
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 28/08/2014, 11:47:48 UTC
If BBR devs are willing to join forces with James we might have something very special in our hands.. I have the same feeling than I had buying BTCD at 25k sats Smiley
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 19/08/2014, 06:36:41 UTC
I was discussing the teleporting with someone and their point was that for a large corporation, doing payments through an off-blockchain intermediary like coinbase or bitpay essentially performs the same obfuscating function as teleporting. To what extent is this argument flawed?

Well I'm sure it does create some obfuscation when exchange of funds and bitcoins are done within exchange. Althou it is totally centralized and there are real risks of thefts (gox?) and information leaks.

What I'm saying is that we can't really see what each player are doing inside exchange from blockchain point of view. Teleport however utilizes decentralized exchange (instadex) that hides transactions between sender and receiver. When comparing to centralized exchange outsiders can't even see that company has sent or received bitcoins from exchange. They can only see balance increasing or decreasing.

Can someone correct if I misunderstood something.

edit: James was faster again Sad
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 18/08/2014, 22:56:12 UTC
Do you have any idea or explanation how this Coin keept it's value in this bloody days?

There is close to nothing that makes this coin looking attractive to me personel but this observed price stability fact makes me very courious. That's an indication for value.


With all do respect, it seems you know nothing about the Bitcoindark.  Please check the OP and read the following links. I think you will find the answers you're looking for.

New Visitors please take a look at the following for more information about BitcoinDark!

1) http://finance.yahoo.com/news/bitcoin-made-anonymous-bitcoindark-unprecedented-033200415.html?soc_src=mediacontentstory

2) http://bitscan.com/articles/anonymity-why-dark-is-the-new-black

3) http://nxter.org/btcd-to-pay-bitcoin-dividends-after-link-with-instantdex-instant-trading-service/

4) DarkPaper: http://www.flipgorilla.com/p/23023990364728535/show#/23023990364728535/0




Thank you for all the answers especially to jl777 intersting view.


@Azeh:

I know not much about BitcoinDark. The things I know I don't like. You may see them as more marginal points: The Name, sha256, the 2 week pow, the pos all this specs  things and there was talk abnout a premine where i haven't figured out how much it was.  It's a bit a personal taste but so I never cared to look deeper into it. I observe the markets and if I see something interesting like this price stability THAN this wakes me for a coin. I don't have to like a coin to invest in it. If a coin is fundamental good i will do. But thats what i am trying to  figure out now you see. Wink

So thank's for the links. Some of them I have already read a bit. My head is full of pirates of the caribians...
Is there a more technical paper too?




You know that 4) Darkpaper is 35 pages long technical paper? I'm sure it will satisfy all your information needs about teleport
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 18/08/2014, 20:41:10 UTC
I fundamentally agree with requirements to teleport coins.

I think basic teleports should be easy (no requirement to hold btcd), but include slightly higher fee. To decrease fees user would have to hold some btcd and that would give incentive for hodling.
Like James put it: Give discounts for holders that use teleports.

1 btcd reduces fees to normal 0.1% and 100 unlocks 254 N + 0.01% fee?
It would be simplest to have no fees at all the first year (or X months)
simplest means faster to implement and get into production
simplest means less chance for bugs
So this is shift in philosophy, but we can always start adding teleport fees to other coins
I just want as big of user base as quick as possible as the anon set is directly proportional to the user base

Once we have giant user base, then it becomes the place all new privacy seekers have to use. Then nobody minds tiny fees

James

I totally agree with free adoption period.
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 18/08/2014, 20:35:22 UTC
I fundamentally agree with requirements to teleport coins.

I think basic teleports should be easy (no requirement to hold btcd), but include slightly higher fee. To decrease fees user would have to hold some btcd and that would give incentive for hodling.
Like James put it: Give discounts for holders that use teleports.

1 btcd reduces fees to normal 0.1% and 100 unlocks 254 N + 0.01% fee?
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 17/08/2014, 05:03:48 UTC
Hi all,
Please tell us the way to safely stake our BTCD if you know.
Thanks!


AFAIK  you click on settings in wallet then click on encrypt wallet and create password, make sure password is
1: Strong
2: Unique
3: Copied to a safe location......This is most important, if you forget lose password you can't access your coins ( I stuffed my next password and it cost me heaps)

After restarting wallet click on settings then unlock wallet. Enter password making sure the "For staking only" box is ticked

you should now be staking safely.

Make sure that you backup your wallet.dat file to a safe location

Hope I've got it right and it helps

Jon

Yes seriously keep your password somewhere safe, I've lost it once too Roll Eyes

For additional safety I have my wallets on my second computer which is only used for safekeeping (otherwise clean install). That way I can reduce the chance of malicious programs touching my precious.
It is rather easy to get keyloggers and rats on your computer nowadays from the internet.
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 15/08/2014, 07:06:12 UTC
Just to let you know I requested an withdrawal from cryptsy 10 hours ago and confirmed it by email.
It still says pending. . .

Anyone else with similar issue?

I have seen some other posts a few posts before mine having the same issues.
They replied to me from cryptsy and they said "Wallet team should have BTCD fixed by morning, I believe it is in maintenance. "

What I believe is that they are staking with our coins.

I wouldn't even be surprised if that was the case.. Worst customer support ever :/
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 14/08/2014, 22:33:07 UTC
I am surprised so few comments on article, so to make sure we always have a copy, I cut and paste it here:
https://bitscan.com/articles/anonymity-why-dark-is-the-new-black

Some thoughts...

I wonder if associating BTCD with NXT is holding it back. As good as NXT is, it isn't popular with the crypto media (yet)

It might confuse or discourage newcomers. Not only do they have to worry about BTCD succeeding, they also have to worry about NXT.

For the average punter, teleporting, hyperspace and pirate talk can be overwhelming enough, before even explaining that BTCD runs on NXT engine.  
Only parts of BTCD uses NXT! In fact the teleport only uses NXT peripherally for the tokenization, I could always use a different method, but I already have that working so I didnt see a point.

So even you got confused... Also, not sure about the dependence on NXT success. I use the NXT tech, so that is not depending on NXT market price. NXT will be used for its AE by InstantDEX, unless it is direct wallet to wallet subatomic trade.

I am not the marketing talk, I am the tech talk and so I describe the tech. I advise to create BTCD brand that has all the features and then "Nxt Inside" for some of the 2.0 crypto functions, but not sure the best approach

How did Apple deal with "Intel Inside"?

These are questions for marketers. I am just tech guy and I make big functionality from all the available components, Nxt being one of these components

James

P.S. Also the tech is actually quite a bit more complicated when you add in all the future stuff I have in pipeline. I fear for the poor average punter as I will continue to overwhelm them with more and more functionality.

That is indeed a tricky marketing scheme, but interesting one! We should come up with sentences or words that are trying to describe the essence of bitcoindark.

for example: 2.5 crypto

I'll dig into Apple marketing strategies tomorrow Tongue
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 14/08/2014, 07:07:55 UTC

That's really cool. Looking forward to all the new features to come. Keep up the good work James!

very nice read indeed.

I hope we get past these "bitcoin is going to die" talks since it's causing heavy downtrend on altcoins too. Of course there are a lot going on behind the scenes but overall there is very negative atmosphere around the bitcoin.

I believe btcd is still better gain in long-term than shorting btc at the moment. Progress has been faster than expected and some big sells has been happening recently so there are even less coins up for graps if the bitcoin starts the ascent. (provided that weakhands sold to proper bitcoindark holder Smiley)

I know you are busy James but any thoughts to share about this matter? What is the rest of the community thinking?

My point is to assure investors that shorting might not be a better option in long-term.
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 13/08/2014, 08:12:12 UTC
This multisig is really fun. After taking all this time to get working, now I just cant stop trying many combinations. All looking quite stable and very solid, but of course it is using localhost, so no real networking errors.
UDP sometimes is pretty finicky, but that is another advantage of the shared secret multisig. It essentially acts as an error correcting code, well at least as long I dont mix in packets that are corrupted. If even one bit gets changed, it will not match the packet crc and so just get ignored, then the decryption will also fail, so I would say the odds of bad data getting processed is ignorable, even using UDP path.

So, that means based on network error rate, we can set the M of N ratio and no only does the multisig give us a lot more privacy, it makes Teleport more reliable. Just imagine 100 rabbits being teleported and if only 40 survive, then the real rabbit can be recreated. That is M of 40, N of 100.

I dont think there is any other crypto that has up to 254 multisig and it is all configurable each time you do a teleport:

{"requestType":"teleport","secret":"","dest":"RUHAPSpJDHeFgFd1J34WHJ69TpkMBsWtBt","amount":".1","coin":"BTCD","minage":"1","M":"128","N":"254"}

The above is the JSON text my code looks for when doing a teleport. The "dest" is the public address and that is something you need to know somehow via different channel. "amount" is the amount of "coin", in this case 0.1 BTCD. "minage" is the youngest telepod you authorize to be used. Remember, the younger the telepod, the higher the attacker's chances of getting some statistical correlation. I would certainly not recommend minage of 1! Then there are the "M" and "N" fields, which are the multisig M of N and that's it. So you can control the teleport's most important parameters, of course we need to get a GUI so you dont have to be editing JSON, but I hope you can understand the basics of using Teleport.

I think I will skip the local encryption and go straight to a linkable library. I want to do some testnet teleports sooner rather than later! Since it is testnet, it wont matter if the telepod file format changes and I cant really test the third onion layer. OK, you convinced me, time to port into BTCD core.

James


Sounds good man. I assume we are starting beta tests when porting to BTCD core is completed and working or are you going to do more testing before beta?
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 13/08/2014, 03:56:16 UTC
I assume the POW is over?
Can't seem to find anything on that.
Also - What makes this a Anon? Dark? Coin?

I'm not seeing that either?

Anything would be great.

Here it is for those who doesn't read ann page.

Key Features

BitcoinDark is now a PoS coin.  Key Features of the BTCD platform will include the following: a near realtime decentralized exchange (Instantdex), a peer to peer sports book (Privatebet), BTCD => Cash (Anon Debit Card), Completely private and anonymous transactions (Teleport), and More!

Darkpaper

http://www.flipgorilla.com/p/23023990364728535/show#/23023990364728535/0
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Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
MuFaza
on 11/08/2014, 18:24:32 UTC
Hi Everyone - quick update on my progress,

jl777 and I have been working closely on integrating teleport functionality into BTCD core. I have nearly completed the work needed to integrate in all the upcoming features. As soon as James is finished with his work, we will have a Teleport-enabled BTCD core ready for testing!

The best part of this is, older nodes on the network will ignore all the new functions, so this will not even cause a hardfork  Smiley

If James is building the telepods, think of me as hard at work fitting the ships with the equipment allowing for those telepods to be smoothly locked into place.

We'll be beaming white bunnies around like crazy here pretty soon!  Grin

Thanks,
Matthew

Just signed up for beta testing. Can't wait to beam those bunnies (hopefully safely) Cheesy

ps. others should too

Please sign up!
We needs testers for teleport etc. so I made a sign up form for a testers group. When you sign up, jl777, PondSea or I will contact you when development goes into testing stage. When you sign up now you can always sign out any time, no obligation to participate in the testing.

BTCD & Teleport Testers Group Sign Up Group
https://docs.google.com/forms/d/16xIwHeQ0aPtybNJbB-F_G1v2M1MocBt0_yfjzk5nsKw/viewform

3 people already signed up, thank you!