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Board Tokens (Altcoins)
Re: [ANN] [ICO] FunFair.io - Disrupting Online Gaming - New Casino Platform
by
aerobatic
on 08/07/2017, 00:36:01 UTC
hey folks..

its been a busy time working on our funfair project but wanted to let you guys know im available to answer any questions...

-- Jez
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] FunFair - disruptive online gaming & casino platform
by
aerobatic
on 16/06/2017, 11:09:15 UTC
[reserved]
Post
Topic
Board Announcements (Altcoins)
[ANN][ICO] FunFair - disruptive online gaming & casino platform
by
aerobatic
on 16/06/2017, 11:08:34 UTC



FunFair Announces Token Creation Event on June 22 for World’s Fastest Blockchain Casino Platform


Watch a demo on YouTube:  https://youtu.be/6O3ySQSBSY8

FunFair Set to Disrupt Global Casino Game Market with Pioneering Ethereum “Fate Channels” Technology
 
NEW YORK, NY – June 15, 2017 – Today FunFair, the world’s fastest Ethereum blockchain casino platform, announced its token creation event will begin on June 22, 2017 shortly after 10 am EDT: https://www.funfair.io/token-event/.  Using its breakthrough technology, Fate Channels, FunFair is the first blockchain platform and open-source protocol that makes online casino games fun, fast, and fair.
 
“Unlike other companies, we have much more than a white paper and a dream for our token creation event,” said Jez San OBE, founder and CEO. “We’ve already developed real, playable casino games that prove our model works.” Our vision is a limitless universe of transparent, secure casinos that can be easily created by anyone, anywhere in the world.”
 
More details about FunFair and terms of the token creation event can be found in the white paper here:  
https://www.funfair.io/wp-content/uploads/2017/06/FunFair-Commercial-White-Paper.pdf
 
Disrupting The Global Casino Game Market
FunFair’s founders have a proven track record of over 40 years’ creating innovative interactive entertainment products and have sold millions of games in the process.  
 
At FunFair, the team has solved three key problems necessary to disrupt the projected $60B global casino game market using blockchain technology:  lack of fairness, slow game speed, and poor game experience.
 
Unlike other casino game platforms, FunFair is the:
 
Fastest – FunFair games are the fastest of blockchain casino games, occurring on the Ethereum blockchain without centralized servers. As a result, players see results in real-time that are fully auditable and provably fair while still fun and engaging.
 
Most Fun – FunFair games have the same rich 3D graphics and slick user experience that players of app-based games have come to love.
 
Most Fair – Players’ distrust of existing online casinos is widespread. FunFair uses highly transparent, Ethereum smart contracts with code on the blockchain to create the most fair online casino games available today. Players can see all their games and others’ to verify that the outcome was fair and whether they should have been paid.
 
Safest – FunFair games require no deposit or withdrawal. Players retain full control over their funds at all times. Casinos never control players’ money.
 
Lowest Cost – FunFair Fate Channels deliver the most efficient, lowest fees paid per transaction. Players only pay at the beginning and end of each session – not each hand or roll of the dice like most other games. As a result, players receive the biggest profits without delays or withdrawal fees – even during long sessions that most players desire.
 
Easiest – FunFair games require no download or sign up process. Players click on a link and start playing immediately.
 
A demo of FunFair’s casino games (slots, blackjack, and roulette) can be viewed here:
 https://www.youtube.com/watch?v=6O3ySQSBSY8
 
FUN Tokens and How to Participate
FunFair’s token, FUN, is the currency of this new ecosystem. The FUN token powers every aspect of FunFair’s Ethereum-based casino platform. Players will bet using FUN, developers and affiliates will be rewarded for their participation in FUN, and operators and licencees will pay players out using FUN. FUN will also power the smart contracts that run the platform, including FunFair’s unique new Random Number Generator.
 
To participate in the token event, buyers simply visit this page and follow the instructions:  https://www.funfair.io/token-event/. Buyers will be given the official Fun token contract address (ETH and ERCO20), Bitcoin and Zcash addresses, and more information on how to use these. For fiat currency, buyers can contact fiat@funfair.io before the token event.
 
If 5 billion FUN tokens have been created at any time before the token event end date, token creation will continue for 12 additional hours after that point to ensure that anyone who wants to contribute can still do so. After 12 hours, the creation-crediting period will end.  If 5 billion FUN is not reached within 16 days, the token event will close on July 7, 2017 at 10a EDT.
 
Approximately 30% of funds raised from the token creation event will be used toward development of FunFair’s peer-to-peer platform, protocol, and suite of high-quality games. About 30% of the funds raised will be used for marketing, PR and business development. The remainder of the funds will be used by FunFair to service licensees and promote third party development.
 
 
 
About FunFair
FunFair is the world’s fastest Ethereum casino platform. It’s also the first blockchain platform and protocol to make online casino games fun, fast, and fair. The company’s combined 40 years of experience building gaming and casino software means players benefit from beautiful, intuitive games that have bigger payouts and are always provably fair. Using its first-of-kind Fate Channel technology and Ethereum smart contracts, FunFair offers the ultimate casino experience – complete transparency, astonishing efficiency, and unrivaled game play. FunFair is a developer of the platform, protocol and games.  The company licenses these games to operators and does not operate the games directly.  Founded in 2017 by Jez San, Jeremy Longley and Oliver Hopton, FunFair is headquartered in Singapore with development offices in London. For more information, visit www.funfair.io



Screenshots :-







Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] FunFair.io - Disrupting Online Gaming - New Casino Platform
by
aerobatic
on 16/06/2017, 00:09:41 UTC
Hello, what is different in your opinion about this coin that would make it succeed? Lately there have been atleast 3 or 4 Casino Tokens announced, so how will you gain more value than them?

this is easily the most advanced blockchain casino technology that exists today  realtime 3d games, provably fair, no deposit required, and extremely high quality games.  new technology thats like an advanced lightning network that we call Fate Channels that can do realtime rng as well as micro-payments and player interactions.  there's nothing even remotely close to it.

Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] FunFair.io - Disrupting Online Gaming - New Casino Platform
by
aerobatic
on 16/06/2017, 00:08:00 UTC
why so many coins, what is the eth exchange rate?

eth exchange rate is highly volatile.  large swings.  and hit its all time high a few days ago.  we should allow for it to be come off its high and be where it was a few months ago and still have the funds we need to last a few years as ICO's are a one-chance to raise, then no more.  Also, our competitors have raised a lot and we'd be be at a disadvantage in the marketplace if we raised less.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] FunFair.io - Disrupting Online Gaming - New Casino Platform
by
aerobatic
on 15/06/2017, 16:39:33 UTC
Token Creation Event info
Token Supply
Caps: 5 Billion Soft, 12.5 Billion Hard

FUN Creation will end 12 hours after 5 Billion FUN are issued or on July 7, 2017 at 14:00 UTC (2017-07-21T14:00:00Z), whichever is soonest. If 12.5 Billion FUN are issued, the creation period will end immediately.

Please note that FUN created with ERC20 contributions will not count toward the cap – many ERC20 tokens are too illiquid to provide fair pricing during a token event.

Token Creation Rate
100 FUN will be issued per 1 US Dollar equivalent received

Bitcoin, Zcash, Ether and ERC20 contribution prices will be fixed for the duration of the token event. Finalized prices will be published at or slightly before 1300:00 GMT June 22, 2017.

Accepted Currencies
ETH
BTC
ZCASH
Selected ERC20 tokens (to be announced closer to token event)
Fiat

Bonus structure
Those who contribute during the first $5m USD raised will receive up to 50% in additional FUN tokens, as per the table below. Bonus Tranches will be calculated by summing only the Ethereum contributions made to the crowdsale contract. There will be five bonus tranches.
 
$0 to $1 million: 50% Bonus

$1 million to $2 million: 40% Bonus

$2 million to $3 million: 30% Bonus

$3 million to $4 million: 20% Bonus

$4 million to $5 million: 10% Bonus

$5 million or higher: No Bonus

You can find detailed information about the Token Event in our whitepaper: https://www.funfair.io/wp-content/uploads/2017/06/FunFair-Commercial-White-Paper.pdf
Post
Topic
Board Tokens (Altcoins)
[ANN] [ICO] FunFair.io - Disrupting Online Gaming - New Casino Platform
by
aerobatic
on 15/06/2017, 16:39:12 UTC



FunFair Announces Token Creation Event on June 22 for World’s Fastest Blockchain Casino Platform

Watch a demo on YouTube:  https://youtu.be/6O3ySQSBSY8

FunFair Set to Disrupt Global Casino Game Market with Pioneering Ethereum “Fate Channels” Technology
 
NEW YORK, NY – June 15, 2017 – Today FunFair, the world’s fastest Ethereum blockchain casino platform, announced its token creation event will begin on June 22, 2017 shortly after 10 am EDT: https://www.funfair.io/token-event/.  Using its breakthrough technology, Fate Channels, FunFair is the first blockchain platform and open-source protocol that makes online casino games fun, fast, and fair.
 
“Unlike other companies, we have much more than a white paper and a dream for our token creation event,” said Jez San OBE, founder and CEO. “We’ve already developed real, playable casino games that prove our model works.” Our vision is a limitless universe of transparent, secure casinos that can be easily created by anyone, anywhere in the world.”
 
More details about FunFair and terms of the token creation event can be found in the white paper here:  
https://www.funfair.io/wp-content/uploads/2017/06/FunFair-Commercial-White-Paper.pdf
 
Disrupting The Global Casino Game Market
FunFair’s founders have a proven track record of over 40 years’ creating innovative interactive entertainment products and have sold millions of games in the process.  
 
At FunFair, the team has solved three key problems necessary to disrupt the projected $60B global casino game market using blockchain technology:  lack of fairness, slow game speed, and poor game experience.
 
Unlike other casino game platforms, FunFair is the:
 
Fastest – FunFair games are the fastest of blockchain casino games, occurring on the Ethereum blockchain without centralized servers. As a result, players see results in real-time that are fully auditable and provably fair while still fun and engaging.
 
Most Fun – FunFair games have the same rich 3D graphics and slick user experience that players of app-based games have come to love.
 
Most Fair – Players’ distrust of existing online casinos is widespread. FunFair uses highly transparent, Ethereum smart contracts with code on the blockchain to create the most fair online casino games available today. Players can see all their games and others’ to verify that the outcome was fair and whether they should have been paid.
 
Safest – FunFair games require no deposit or withdrawal. Players retain full control over their funds at all times. Casinos never control players’ money.
 
Lowest Cost – FunFair Fate Channels deliver the most efficient, lowest fees paid per transaction. Players only pay at the beginning and end of each session – not each hand or roll of the dice like most other games. As a result, players receive the biggest profits without delays or withdrawal fees – even during long sessions that most players desire.
 
Easiest – FunFair games require no download or sign up process. Players click on a link and start playing immediately.
 
A demo of FunFair’s casino games (slots, blackjack, and roulette) can be viewed here:
 https://www.youtube.com/watch?v=6O3ySQSBSY8
 
FUN Tokens and How to Participate
FunFair’s token, FUN, is the currency of this new ecosystem. The FUN token powers every aspect of FunFair’s Ethereum-based casino platform. Players will bet using FUN, developers and affiliates will be rewarded for their participation in FUN, and operators and licencees will pay players out using FUN. FUN will also power the smart contracts that run the platform, including FunFair’s unique new Random Number Generator.
 
To participate in the token event, buyers simply visit this page and follow the instructions:  https://www.funfair.io/token-event/. Buyers will be given the official Fun token contract address (ETH and ERCO20), Bitcoin and Zcash addresses, and more information on how to use these. For fiat currency, buyers can contact fiat@funfair.io before the token event.
 
If 5 billion FUN tokens have been created at any time before the token event end date, token creation will continue for 12 additional hours after that point to ensure that anyone who wants to contribute can still do so. After 12 hours, the creation-crediting period will end.  If 5 billion FUN is not reached within 16 days, the token event will close on July 7, 2017 at 10a EDT.
 
Approximately 30% of funds raised from the token creation event will be used toward development of FunFair’s peer-to-peer platform, protocol, and suite of high-quality games. About 30% of the funds raised will be used for marketing, PR and business development. The remainder of the funds will be used by FunFair to service licensees and promote third party development.
 
About FunFair
FunFair is the world’s fastest Ethereum casino platform. It’s also the first blockchain platform and protocol to make online casino games fun, fast, and fair. The company’s combined 40 years of experience building gaming and casino software means players benefit from beautiful, intuitive games that have bigger payouts and are always provably fair. Using its first-of-kind Fate Channel technology and Ethereum smart contracts, FunFair offers the ultimate casino experience – complete transparency, astonishing efficiency, and unrivaled game play. FunFair is a developer of the platform, protocol and games.  The company licenses these games to operators and does not operate the games directly.  Founded in 2017 by Jez San, Jeremy Longley and Oliver Hopton, FunFair is headquartered in Singapore with development offices in London. For more information, visit www.funfair.io

Roadmap


Screenshots







Post
Topic
Board Off-topic
ignore
by
aerobatic
on 11/06/2017, 01:36:25 UTC
ignore
Post
Topic
Board Bitcoin Discussion
Re: Wright looking to patent Blockchain-related technologies
by
aerobatic
on 21/06/2016, 09:37:53 UTC
So the guy who anonymously published bitcoin as an open source project now wants to patent it?

Ok.  Cheesy

thats a misunderstanding.  no, you cant patent something thats already been published.  these patents are for new blockchain related inventions and will only be granted if they're novel.   any attempt to patent something already in use won't be possible (and the patent lawyers know that, so they're unlikely to waste money trying).

Post
Topic
Board Bitcoin Discussion
Re: Evidence that Craig Wright might be Satoshi after all
by
aerobatic
on 20/06/2016, 16:59:09 UTC
Damn lot of patents he is going after.  Looks like he has backed himself up with a lot of attorneys and is going for it all.  I am sure more evidence will come forward as he tries to prove claim on these patents.  

Patents are not cheap, I thought Craig Wright had financial trouble that he is trying to dig out of?

scam one person for £6000. create a couple patents. scam 20 people based on promises of 2 patents. get £120,000 to create 40 patents.
set up a corporation under the false belief that the 40 patents can net 1billion (help he priced one business at that very recently) and scam even more people.

mr wright is not a bitcoiner.. he is too involved in grabbing fiat. riding the bitcoin phenomena because governments and financial institutions do not quite understand it, to pretend he is highly involved in it. while holding no bitcoins and simply grabbing fiat at every door he knocks on

shame on him


read the LRB article.   Its a company with backers who are filing the patents.  it may not be craig's doing.  he may not even be involved anymore (after he didn't play ball with them when they wanted him to come out)

Post
Topic
Board Bitcoin Discussion
Re: Evidence that Craig Wright might be Satoshi after all
by
aerobatic
on 20/06/2016, 15:47:31 UTC
more details here...

http://www.bbc.co.uk/news/technology-36575524

and here

http://www.reuters.com/article/us-bitcoin-wright-patents-idUSKCN0Z61GM


and here's 51 patents that he's filed (at EITC) that are published so far.  The reuters article says hundreds are being filed...



IPOGOV UK Links :
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Date   Application
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06 April 2016
(Journal 6620)   GB1603112.2   Applicant: EITC Holdings Limited
Title: Blockchain implemented counting system and method for use in secure voting and distribution
Date Lodged: 23 February 2016
06 April 2016
(Journal 6620)   GB1603114.8   Applicant: EITC Holdings Limited
Title: Agent-based turing complete transactions integrating feedback within a blockchain system
Date Lodged: 23 February 2016
06 April 2016
(Journal 6620)   GB1603117.1   Applicant: EITC Holdings Limited
Title: Determining a common secret for two blockchain nodes for the secure exchange of information
Date Lodged: 23 February 2016
06 April 2016
(Journal 6620)   GB1603118.9   Applicant: EITC Holdings Limited
Title: Reactive and pre-emptive security system based on choice theory
Date Lodged: 23 February 2016
06 April 2016
(Journal 6620)   GB1603122.1   Applicant: EITC Holdings Limited
Title: Personal device security using cryptocurrency wallets
Date Lodged: 23 February 2016
06 April 2016
(Journal 6620)   GB1603123.9   Applicant: EITC Holdings Limited
Title: P2P cryptocurrency exchange with tokenisation
Date Lodged: 23 February 2016
06 April 2016
(Journal 6620)   GB1603125.4   Applicant: EITC Holdings Limited
Title: Universal tokenisation system for blockchain based cryptocurrencies
Date Lodged: 23 February 2016
27 April 2016
(Journal 6623)   GB1604219.4   Applicant: EITC Holdings Limited
Title: Enhanced blockchain architecture and protocol that leads to the infinite scaling of payment networks in real time for bitcoin with segregated merchant markets
Date Lodged: 11 March 2016
27 April 2016
(Journal 6623)   GB1604225.1   Applicant: EITC Holdings Limited
Title: Method and system for the efficient transfer of tokens on a blockchain based on a codification process
Date Lodged: 11 March 2016
27 April 2016
(Journal 6623)   GB1604227.7   Applicant: EITC Holdings Limited
Title: Authorisation method and system for the transfer of tokens on a blockchain and the redemption of contracts in web of trust
Date Lodged: 11 March 2016
27 April 2016
(Journal 6623)   GB1604244.2   Applicant: EITC Holdings Limited
Title: Methods and systems for efficient transfer of entities on a peer-to-peer distributed ledger using the blockchain
Date Lodged: 11 March 2016
27 April 2016
(Journal 6623)   GB1604493.5   Applicant: EITC Holdings Limited
Title: Methods and systems for efficient transfer of entities on a peer-to-peer distributed ledger using the blockchain
Date Lodged: 16 March 2016
27 April 2016
(Journal 6623)   GB1604495.0   Applicant: EITC Holdings Limited
Title: Method and system for efficient transfer of cryptocurrency associated with a payroll on a peer-to-peer distributed ledger that leads to a automated payroll
Date Lodged: 16 March 2016
27 April 2016
(Journal 6623)   GB1604497.6   Applicant: EITC Holdings Limited
Title: Method and system for generating records of entities on a peer-to-peer distributed ledger that can be used in the creation of a blockchain complete based
Date Lodged: 16 March 2016
27 April 2016
(Journal 6623)   GB1604498.4   Applicant: EITC Holdings Limited
Title: Method and system for efficient determination of transfers of entities on a peer-to-peer distributed ledger that can be used to provide a consolidated block
Date Lodged: 16 March 2016
11 May 2016
(Journal 6625)   GB1605026.2   Applicant: EITC Holdings Limited
Title: Secure multiparty loss resistant storage and transfer of cryptographic keys for blockchain based systems in conjunction with a wallet management system
Date Lodged: 24 March 2016
11 May 2016
(Journal 6625)   GB1605032.0   Applicant: EITC Holdings Limited
Title: Recording multiple transactions on a peer-to-peer distributed ledger
Date Lodged: 24 March 2016
18 May 2016
(Journal 6626)   GB1605571.7   Applicant: EITC Holdings Limited
Title: Registry and automated management method for blockchain-enforced smart contracts
Date Lodged: 1 April 2016
25 May 2016
(Journal 6627)   GB1606062.6   Applicant: EITC Holdings Limited
Title: A method for secure peer-to-peer lending on a blockchain
Date Lodged: 11 April 2016
25 May 2016
(Journal 6627)   GB1606065.9   Applicant: EITC Holdings Limited
Title: Computer-implemented methods and systems for validating tokens for block chain based cryptocurrencies
Date Lodged: 11 April 2016
25 May 2016
(Journal 6627)   GB1606066.7   Applicant: EITC Holdings Limited
Title: A method of performing symmetric fair-exchange transactions
Date Lodged: 11 April 2016
25 May 2016
(Journal 6627)   GB1606067.5   Applicant: EITC Holdings Limited
Title: A method for secure peer-to-peer lending on a blockchain
Date Lodged: 11 April 2016
01 June 2016
(Journal 6628)   GB1606630.0   Applicant: EITC Holdings Limited
Title: System and method for controlling asset-related payments via a blockchain
Date Lodged: 15 April 2016
08 June 2016
(Journal 6629)   GB1607058.3   Applicant: EITC Holdings Limited
Title: A method and system for securing computer software using a distributed hash table and a peer-to-peer distributed ledger
Date Lodged: 22 April 2016
08 June 2016
(Journal 6629)   GB1607063.3   Applicant: EITC Holdings Limited
Title: A method and system for the transfer of entities
Date Lodged: 22 April 2016
08 June 2016
(Journal 6629)   GB1607249.8   Applicant: EITC Holdings Limited
Title: Tokenisation method and system for implementing non-debt related exchanges on a blockchain
Date Lodged: 26 April 2016
15 June 2016
(Journal 6630)   GB1607472.6   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607476.7   Applicant: EITC Holdings Limited
Title: Operating system for blockchain IOT devices
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607477.5   Applicant: EITC Holdings Limited
Title: A method and system for controlling the performance of a contract using a distributed hash table and a peer to peer distributed ledger
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607482.5   Applicant: EITC Holdings Limited
Title: Methods and systems for efficient transfer of entities on a peer-to-peer distributed ledger
Date Lodged: 29 April 2016
Parent Filing Date: 16 March 2016
15 June 2016
(Journal 6630)   GB1607483.3   Applicant: EITC Holdings Limited
Title: Methods and systems for the efficient transfer of entities on a peer-to-peer distributed ledger
Date Lodged: 29 April 2016
Parent Filing Date: 11 March 2016
15 June 2016
(Journal 6630)   GB1607484.1   Applicant: EITC Holdings Limited
Title: Payment and distribution of digital content
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607520.2   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607525.1   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607527.7   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607529.3   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607530.1   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607537.6   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607538.4   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607539.2   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607541.8   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607552.5   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607553.3   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607554.1   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607555.8   Applicant: EITC Holdings Limited
Title: Implementing loic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607558.2   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607561.6   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607564.0   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607566.5   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607569.9   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
15 June 2016
(Journal 6630)   GB1607584.8   Applicant: EITC Holdings Limited
Title: Implementing logic gate functionality using a blockchain
Date Lodged: 29 April 2016
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https://tmoffices.eu/types/patent/p-os/p-journal/p-pj?startYear=2015&startMonth=January&startDay=28th+-+6558&endYear=2016&endMonth=June&endDay=15th+-+6630&filter=EITC+&perPage=100&sort=Publication+Date
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Topic
Board Bitcoin Discussion
Re: The Satoshi Affair by Andrew O'Hagan of LRB
by
aerobatic
on 19/06/2016, 09:24:44 UTC
Hmm. You may have had more activity if you entitled your post "Evidence of Wright maybe being Satoshi" or some such.



agreed. and done.
Post
Topic
Board Bitcoin Discussion
Topic OP
Evidence that Craig Wright might be Satoshi after all
by
aerobatic
on 19/06/2016, 01:37:47 UTC
This is The Satoshi Affair, by Andrew O'Hagan at London Review of Books.

http://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair


edit: Thread renamed after suggestions from the forum
Post
Topic
Board Bitcoin Discussion
Re: Cryptosteel Hardware Wallet Review by Chris Coney
by
aerobatic
on 27/05/2016, 23:59:51 UTC
I just saw this review


https://www.youtube.com/watch?v=u1hLFsBuDT0

guy puts the Cryptosteel inside a fireplace, leaves it burn for 10 minutes, throws it from a building into concrete, runs over it with a car... and after all this destruction, you can still read the seed, so I think it's a pretty good cold storage method.

whats the point?  it might be fire proof and shock proof but its not very usable.  its for archive, not cold storage.  the whole point of cold storage is that its still accessible and usable, just safer.  crypto steel is like write-only-memory.

hardware wallets like trezor or ledger let you keep your bitcoins in cold storage, BUT, still be able to access them via pin/pass codes.  the bitcoins are safe... but most importantly also easily accessible whenever you want.  you can spend them in small amounts.  you wont ever compromise your key, nor will you suffer if you use it on an untrusted or compromised computer.   there can be key loggers or screen grabbers running and you can still safely use your trezor.   not so with cryptosteel.  your bitcoins are no longer safe the moment you try and access them!  and they're not safe from thieves either.

hardware wallets keep your keys safe, and they don't ever come out.  the device does the signing for you.  there is NO WAY of reading the keys from the devices.    Whereas crypto steel is easy to read the key.  you just open it up and voila.   Any thief who steels your crypto steel has stolen your keys.  not so with a trezor or ledger!!   And with crypto steel, even if you welded it shut, you could still read the keys with X-rays or perhaps even some security scanners (penetrating radar etc).

archiving off something like the cryptosteel is the same as writing it down on a piece of paper and filing it in a fireproof safe (or two).

it serves very little purpose and its security versus usability is too compromised.   pointless imho.

that said, i bought a couple.  just for fun.   but i don't intend to use them for genuine cold storage!

Warning... CryptoSteel or any similar archival product isn't a safe nor reliable way of keeping your bitcoins safe.  its almost as unsafe as a paper wallet.  the moment you need to use it, you're at risk (from a compromised computer that you have to enter the private key) and any theft of the cryptosteel or paper wallet means your bitcoins are gone along with it.  i prefer to stay with hardware wallets for more reliable security and convenience.  ideally with multi sig as well.

the physical nature of the product will give people a false sense of security, which is why I'm being strong with the warning.
Post
Topic
Board Hardware
Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs
by
aerobatic
on 27/05/2016, 23:46:57 UTC
Well,2 down,3 to go  Cheesy  Good riddance to KnC .!.. Sam Cole!!!  Cool

dont write them off.  doubt they're gone.  more likely, just restructuring, cutting cost, regrouping... and under administration they can do major things like getting rid of investors/contracts they don't like, etc.  they will be back in a leaner and more competitive form.  too much invested to write it off, imho
Post
Topic
Board Bitcoin Discussion
Re: Here is our latest post :- Top Three Bitcoin Wallets Of 2016
by
aerobatic
on 27/05/2016, 23:31:42 UTC
Why is Armory so low on the chart? Also, I don't think that hardware wallets should be mixed with software wallets... Sad to see Electrum so low too.

just my opinions... i make a point of trying many wallets, especially the hardware or mobile products.  always trying to find the best.

Armory is no longer in production.  Why risk using an unsupported, and cumbersome product?   it relies on bitcoinD too much.  its slow and clunky compared to more modern wallets, but it was something i relied upon when it was in active development, but its a bit long in the tooth now and desperately in need of updating (that it most likely wont get).  and it doesn't run on mobile, and runs poorly on macs.  didn't run natively, relied on old versions of QT and they couldn't seem to modernise.  It had its day and it was vital for a year or two but wallets have moved on and got easier to use, faster and just as secure.   Ive migrated to using hardware wallets instead of Armory (like Trezor, Ledger).  that way i don't need two PC's for cold storage.  Hardware wallets like Trezor are the way to go for cold storage and they're much easier to use than Armory.   I love Ledger's value for money and their innovative company thats always trying new things.  i really respect the company.  But comparing the ledger to the trezor, i still prefer the trezor (the screen and extra security featured make it really good).    Until ledger blue comes out, and then we'll see if ledger has got the edge.   i also like KeepKey as a more beautiful version of the Trezor.    I don't like case-wallet.  clunky, slow, and unreliable.  a shame... it had such promise.

imho, i concur that AirBitz and Mycelium are both some of the better mobile wallets - I've been using both for more than a year and i feel like they're fast, reliable, and do what i want in mobile wallets.   Prefer AitBitz for ease of use, and prefer Mycelium for functionality.   Used to use Blockchain almost exclusively but it lost its footing and was glacially slow to improve and has been behind for awhile now.   When other wallets had gone HD, blockchain took an extra 18 months or so to catch up.  It was coming out 'in two weeks' for more than a year.  AirBitz took Blockchain's place as my daily use mobile wallet, and its also cross platform - i use both the iOS and Android, and its easy with pairing to run it on multiple devices at the same time.

Haven't used BreadWallet but i hear good things about it.

My order would be 1st=  Trezor   2nd=  AirBitz and Mycelium joint 2nd.    3rd=  Breadwallet, Blockchain etc.   4th=  All the rest...



Post
Topic
Board Bitcoin Discussion
Topic OP
BODOG pushing affiliates to use Bitcoin
by
aerobatic
on 14/05/2016, 08:32:38 UTC
Looks like some people missed this post yesterday.   https://bitcointalk.org/index.php?topic=1471808.0

its significant.  BODOG is perhaps the biggest online casino in the US (if not the world).  Its big because it ignores regulation and operates in places the legitimate companies cannot.

Bodog like most gambling companies uses affiliates to bring it players.  The affiliates often might get paid a significant chunk (30-50%) of the revenue that Bodog makes, thus affiliates are making perhaps $100+million dollars or more each year.   If this rev sharing will be paid purely in bitcoin as of June 1st then there will soon be lots of new bitcoin users (some reluctant), but it also means bodog might be buying lots of bitcoins each month from June onwards!

this on-boarding of new users to bitcoin and bringing in new uses of bitcoin could be a game changer, literally... for bitcoin.  And might also affect the price (hopefully positively if bodog buys new bitcoins and not all the affiliates sell immediately)
Post
Topic
Board Bitcoin Discussion
Re: Shame on CoinDesk - This is why women don't use Bitcoin
by
aerobatic
on 05/05/2016, 14:41:03 UTC
This is a photograph published by CoinDesk today:


In this panel, the entire worth and contribution from the only women - is represented by her shoes.  While they are nice shoes, they clearly cut the only female out of the story and quite disrespectfully left a mere tiny slice of her representation.  

Shameful.  It is no wonder women don't feel welcome in this group.

you're being sensationalist here!   there were women represented at the conference -  (i was there, and saw they were well represented).  there were several talks with women on the panel.  One talk even had Majority women on the panel and the moderator actually called it out as a good conference for diversity.

its a fact of life in tech that women are under represented, but you're reading too much into that particular slide, as there were plenty of talks with women represented, and actually, i felt there we were going in the right direction as there were significantly more women at the conference this year than last year.

could coindesk have picked a better photo (or cropped this one better)?  probably.   but your point is unfounded and you're off base.

-- Jez
Post
Topic
Board Mining
Re: Mining Centralization Concerns
by
aerobatic
on 23/04/2016, 11:08:09 UTC

  • If the bitcoin price increases, more miners will join us due to greed and existing smaller miners will have enough profits to uppgrade, thus mining decentralizes
  • Current mining equipment has reached the cutting edge of technology, the 16 nanometer chips are currently the best, and mining efficiency increase will probably slow down to a logarithmic curve now. This means that big miners wont have huge advantage anymore over little miners, by uppgrading to new stuff. Also people who buy the latest mining equipment, will suffer less deflation, and if a newer one comes out they can sell them at a better price and not lose that much money. This will keep more money in pockets of smaller miners, and they can uppgrade now more efficiently with less losses. Also miners that buy mining equipment now, can use that equipment longer before the difficulty increases thus making faster ROI and more profits so they can expand faster.
  • The upcoming halving should double the price, but it can increase it even more in the longer term, making it easier for miners to mine, and decentralize it
  • We must have a very good alert system and comunication system in case of a malicious hardfork happens. Especially a pre-planned one, that was due to bribery. Totalitarian takeovers of bitcoin should be fight against by the entire community!
  • We must incentivize bitcoin mining again, and raise awareness to it, especially in countries where the electricity is cheap by default. People who live in cheap electricity countries must participate in bitcoin mining for the sake of bitcoin's future!
  • Anyone who cares about bitcoin, should support it now, and should spread the word about it! We should stop hoping for bitcoin to succeed and start working on bitcoin's success!
  • 21 Inc mining chips to be integrated in every electronic gadget, so that the masses can mine bitcoin in idle mode, decentralizing mining even more!
    https://www.cryptocoinsnews.com/breaking-21-inc-releases-new-bitcoin-mining-chip-smartphones/

RBC -

your grasp of the technology and economics of mining are superficial and wrong in places.

1.  Every mining chip could be integrated into electronic gadgets.  Whether its from 21 Inc or Bitfury or Antminer, there's nothing stopping anyone from doing it.  The question is whether a market exists and whether the punters want it and are willing to pay for it?  (so far it doesn't seem like the market wants it)

2.  We all care about bitcoin, all the miners, and both Core and Classic camps care about bitcoin.  Its just they have different priorities and think different solutions are whats needed to scale it (and have different incentives).   Im with Andreas Antonopolous in saying that ALL scaling solutions are needed, not just SegWit and Lightning Network for the long term but ALSO increasing the block size for the short term (...asap!)

3.  the simple fact is that mining is sensitive to electricity costs so you either have to mine in places where its cheap (like Iceland, Venezuela etc) or you have to mine in places where the electrical companies are willing to be paid a share of the bitcoin proceeds instead of fiat KwH prices (some of china/mongolia etc)

4.  16 nm is just the current process (and is the most efficient to date).  Not every mining chip is there yet.   But i don't think you grasp just how expensive it is to create a 16nm asic.  It would've cost any company that did it at least $30m.   (thats just design, NRE costs and the first few wafers)  That limits creating bitcoin mining chips to only the biggest and best financed companies.   Thats probably the biggest cause of the mining centralisation.  And its going to get worse.  9 & 10nm processes are coming next year).  And they will be even more expensive than 16nm.   The requirement to mine efficiently requires the latest custom asic chips, and that drives centralisation.  Companies that have invested significant shareholder funds to create a 16nm or next year, 10nm asics, are going to want to want to realise returns from their investment, and to do that they need to build out their own mines, and while their chip is better than everyone else's chip, they need to keep it to themselves and mine as much as they can so that they retain their cost advantage for the longest time.  They will only start selling their asic to smaller miners when their chip isn't better than anyone else's (better = lower power or lower cost) - or when the customer's pay anywhere close to the margins that they can make mining themselves.   This explains why the biggest miners in the world are the ones that make their own chips, and also explains why 21 Inc is nowhere, because  - at least historically - their chips weren't the best asics and in part explains why they try to sell them to the public.   the public, however, aren't stupid... and most of them realise they cant mine profitably nor earn back the cost of the miner they bought... thus the mining is a token effort.   the whole point of mining is to be profitable and have an incentive to do it.

5.  mining efficiency improvements are slowing down but not necessarily for the reasons you mention.  sha-256 isn't monolithic.  bit by bit, people have found ways of improving the circuit designs, both on chip and system-wide (long strings, without voltage converters).   the main reason efficiency improvements are slowing down is that previous mining chips either weren't on the latest process, or, that they weren't the most optimised designs.   but both of those things are now beginning to happen... designs are becoming more optimum (both asic design and system design)... and sha-256 algo's are getting tighter.  there's still further optimisations to be done to algorithms (for instance, asicboost.com).  the best mining chips, to date have been a combination of efficient designs, and new processes (16nm/14nm etc).  Once companies achieve the best algo's on the best processes, then they're locked into moore's law... and they're converging towards that but as yet they aren't there.  maybe next year we'll be closer tracking to moore's law, but previously we've been accelerating performance gains much faster than moore's law.

6.  agree with you that we should stop hoping and start doing.  but you haven't said anything that actually can be done.   imho we've got to stop in-fighting.  we all want bitcoin to succeed but we've got ridiculous problems that we shjouldnt be having.  We've got competing teams dissing each other.  we've got fanboys on both sides doing evil things like censorship, and down voting posts, or ridiculing people who are part of the solution.   it seems to me we're lacking a leader.  A Linus Torvalds.  its a shame Satoshi abdicated.  Maybe if he returns he can help bridge the chasm of bitcoin developers and miners.

7.  its not just people in cheap electricity places that can mine.  its also people in cold places that need heat.  that opens it up a bit more.


Post
Topic
Board Bitcoin Discussion
Re: Do You Think The Absence Of Patrick Byrne Could Slow Down..
by
aerobatic
on 14/04/2016, 12:25:48 UTC
Patrick Byrne going on medical leave do you think his absence could slow down bitcoin transsaction on blockchain?

If this happen, will it still yield to increase in bitcoin exchnange rate?


I am shocked and saddened he's been taken ill and i agree that he's done a lot for bitcoin in general.

but, you probably don't know this but he wasn't intending to use Bitcoin for his T0 project to put trading/settlement on the blockchain.

he said at the miami conference earlier this year that they had tested a lot of them and was intending to use Peernova's private blockchain, although he confirmed they are blockchain agnostic.

he's been deliberately avoiding the issue for fear of offending people.  even when he gave a talk at the Satoshi Roundtable last month, he implied he was using bitcoin and everyone in the room was happy... but when i asked him a direct question to confirm whether he was using bitcoin or some other blockchain, he confirmed that he wasn't using bitcoin because it couldn't do enough transactions per second.   He wasn't planning to use a public blockchain and was ignoring the work thats gone on in layer 2 tech like lightning network and/or side chains.

its a shame that due to bitcoin's lack of capacity he has been forced to jump ship to a private blockchain.

-- Jez