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Showing 10 of 10 results by aidanb
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Board Announcements (Altcoins)
Re: [ANN] QRL : the Quantum Resistant Ledger project
by
aidanb
on 07/08/2017, 10:09:38 UTC
well i hope i dont burst you bubble but this project would not resist a quantum computer" POINT BLANK"
your information is tainted and you are using the words as a deceptive novelty.

https://www.research.ibm.com/ibm-q/

please inform yourself better
So a link to a 16-17 qbit computer that is slower than traditional supercomputers is proof of what?
You will have to elaborate a bit more.

do you have access to one of the super computers as you say? NO
i gave a link for you to get educated" if your able to comprehend this"
obviously this project is spouting words  simply  because of the novelty and lack of common knowledge of the system and its capabilities.
portable Q-bit computers are already in circulation!
and there is nothing a inaccessible super computer can do faster then even a portable Q-bit computer.
if you dont know what your having a conversation about first inform yourself fully then spout your fud!
until then and now you guys are just sham scam artists playing fancy words and making prey on the ignorant
you cannot teach those who refuse to learn

I'm not too sure what you're on about. You seem be thinking that the team is building a quantum computer. They're actually building a blockchain which will be RESISTANT to quantum computers. They don't have anything to do with actually building a quantum computer. They have a really smart team working on this project, and even have one of only a few post-quantum cryptographers that are out there.

I'm really glad I got into this project early and can't wait to see where it'll be in 6-12 months. Community on Slack channel is really great, with devs online and posting all the time. Something you don't always see in crypto projects.
Post
Topic
Board Altcoin Discussion
Re: Need a person create a token.
by
aidanb
on 27/07/2017, 12:33:17 UTC
Are you creating a token just for the sake of making a token, or do you have a unique idea which will actually benefit from being tokenised?
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Topic
Board Altcoin Discussion
Re: Altcoin completely written in Python
by
aidanb
on 24/07/2017, 13:05:02 UTC
I'm also in learning the blockchain basics via Python, since I'm most comfortable with it. Any suggestions?

Hey you're the guy who does the BlockXChain blog! I'm just starting out in blockchain development and found your "Building a Blockchain from Scratch using Python" to be really useful. I'm looking forward to a Part 2!

I found that there were a couple errors in it though, so had to modify it a little. I also added mining and block difficulty into your example. I was going to try implementing networking and being able to run multiple nodes and some basic consensus soon. My modifications: https://github.com/aidanbeale/BasicCoin. Pretty basic, but I am new to this.

I have found several other resources that might help you.

https://github.com/DutchGraa/crackcoin
This coin was written in Python specifically as a project to practice blockchain development. So it's not a fully functioning coin, but looks like a great resource.

https://bitcointalk.org/index.php?topic=1896497.0
As for an actual existing currency, this coin (BISMUTH) is entirely written in Python.

https://github.com/theQRL
Also Quantum Resistant Ledger (QRL) currently has their testnet written in Python. They're going to be releasing an updated testnet in a week or so (existing one is currently offline but you can go through the code).

If you find any good resources for learning the basics of blockchain development please let me know. Once I get the hang of things building a basic blockchain in Python I was going to try make a beginner video series or something. Help spread the knowledge around. Seems pretty hard to find good resources on it.
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Topic
Board Altcoin Discussion
Re: POS Coins -- Highest Paying Interest/Lowest Cost Per [Suspicious link removed]d Team
by
aidanb
on 24/07/2017, 12:11:23 UTC
QRL (Quantum Resistant Ledger) will be a POS coin once the mainnet launches in a couple months. Only 20k sats at the moment so could be a good investment if you're wanting to get in early on a coin to stake.
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Topic
Board Altcoin Discussion
Re: Help with my portfolio
by
aidanb
on 24/07/2017, 06:24:48 UTC
You may want to invest a percentage of your portfolio in a cryptocurrency resistant to quantum computing.

User BlockHedge in the Quantum Resistant Ledger (QRL) announcement thread put it best:

Quote
Whether other crypto projects are overvalued or not is irrelevant to how I view QRL.  Let's say for example I own $10,000 worth of stocks.  I may very well take a $1,000 (10%) position in gold to offset my market risk.  It doesn't matter if the current PE ratio is 5 or 25, my gold hedge will react the same - with a negative correlation to the stock market assuming a black swan event.  This is how I view QRL - as both a hedge and as insurance.

So, therefore If I own $10,000 of crypto, and I want to diversify and protect against risk, what do I do?  I can't control government regulations or whales manipulating markets.  Those risks will always exist.  But the ultimate risk is quantum computing hacking (and thereby undermining the confidence of) the entire crypto space.  Once confidence is lost, it can take years or longer to be regained (assuming other cryptos adapt and become quantum resistant).  So if/when quantum hacking becomes an imminent risk, and hacks begin, and funds are lost, QRL will act with a negative correlation to all the other non-QP crypto.  So my crypto $10,000 might turn into $1,000 in a week, but my 10% QRL hedge position might go from $1,000 to $9,000 thereby netting me zero, but allowing me not to lose my shorts in the overall quantum hacking panic.  QRL is the hedge that any serious crypto believer ought to take seriously.  I believe investors are both smart and have a desire to protect their crypto investments to the greatest extent possible within their control.  And if others learn about QRL, and learn about the real quantum threats that currently exist and that are on the horizon, why would they not take a position in it?  What is the downside?  Being the first Quantum secure and most secure crypto is worthy of a top 30 coin (or better) from my foxhole.

I see quantum computing as a bigger threat to crypto than people think, and when it happens almost all crypto currencies are at risk. So it might be a good idea to put a percentage in a project like QRL, as a hedge against post quantum age.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NONAME - Open Innovation HUB
by
aidanb
on 23/07/2017, 21:53:03 UTC
As a developer getting into blockchain development, I'm interested to see how this will go
Post
Topic
Board Altcoin Discussion
Re: How to start altcoin development?
by
aidanb
on 23/07/2017, 15:13:23 UTC
I don't want to make my own currency, at least not yet. I'm just wanting to take the first step in learning how to. I've already learnt quite a bit about cryptography and its implementation. I did my undergrad in IT Sec, so that was a help.

There are several teams I'm following at the moment, so I'll try and contribute to some of them. Thanks for the tips!

How far have you managed to get?  Even the ScroogeCoin assignment for the cryptocurrency course (@coursera offered by Princeton) wasn't very straightforward.  Then again I had more difficulty with Java than anything else.  Haven't done anything serious with Java for 7 years now.

I'm even willing to put some BTC towards an alt-coin demo.  If it documents well, and explains differences (e.g. between this abc-coin and Litecoin from which it was forked) then all the better.

Yeah I couldn't do the ScroogeCoin assignment. Spent about 25 minutes trying to work out exactly what I needed to do but couldn't work it out. I'll likely go back to it in a few weeks and try again. That course is a pretty good introduction though. I've made some Youtube tutorials on other topics before, so I was planning on making some on developing cryptos once I get my head around it all and start developing.

Possibly the best 'intro' to blockchain programming article I found was http://blockxchain.org/2017/06/04/building-a-blockchain-with-python-1/ about building a basic blockchain with Python. Inspired by a similar article using Javascript https://medium.com/@lhartikk/a-blockchain-in-200-lines-of-code-963cc1cc0e54.

They're still only really simple examples, so I'm going to try fill out the Python one and make it more complex. If I get proficient enough I'll make some Youtube tutorials. A group I follow implemented their first testnet version entirely in Python, so I feel like that will be a good resource for me.

If you're wanting some more information on making Litecoin clones these tutorials might be of use to you https://www.youtube.com/user/whatthefluxable. But I'm more trying to build it from scratch to try and understand it as much as I can, not just make a clone of an existing coin.

I do feel like there isn't enough information out there to help developers get over the initial hurdle for starting blockchain development. Or at least it's not all easily accessible.

Feel free to message me if you get much further with this. I'd like to get in contact with some other new developers and maybe share what resources they're using.
Post
Topic
Board Altcoin Discussion
Re: How to start altcoin development?
by
aidanb
on 23/07/2017, 13:51:24 UTC
here is an idea don't think about developing your new altcoin just yet.
first try and spend some time educating yourself on subjects such as cryptography, and then cryptocurrencies and how they use it.

then if you are already good at programming as you claim, start picking an existing coin and contribute to its development. it can be a coin that you liked in step one of your educating yourself.

in this process you first become familiar with the whole thing, then you come up with ideas. you see what is lacking, what is needed and how you can improve it. then implement that idea.

I don't want to make my own currency, at least not yet. I'm just wanting to take the first step in learning how to. I've already learnt quite a bit about cryptography and its implementation. I did my undergrad in IT Sec, so that was a help.

There are several teams I'm following at the moment, so I'll try and contribute to some of them. Thanks for the tips!
Post
Topic
Board Altcoin Discussion
Re: How to start altcoin development?
by
aidanb
on 23/07/2017, 12:42:14 UTC
I think you should visit also the Project Development Board as well someone might help your problem there. Anyway alt-coins is just almost a clone of bitcoin but customized to add some new features. That's all i know though!

You're right, a lot of the coins I looked at were clones of Bitcoin/Litecoin. But there's also altcoins that have developed their own code. I'm wondering if there are any more simple coins that would be a good place to start development practice.
Post
Topic
Board Altcoin Discussion
How to start altcoin development?
by
aidanb
on 23/07/2017, 12:27:57 UTC
I'm new to crypto currencies (last several months), although not new to programming.

I've heard from some people that a good way to get into crypto development is to look for abandoned altcoins, go through the code to try and understand it, deploy and update it, learning along the way. However as I go through some of the older posts in Announcement (Altcoins) almost all of them appear to be clones of each other, and there aren't any really simple altcoins I can go through.

Does anyone have any good altcoins with a relatively easy setup that I can go through the source code and learn how it all works? If anyone has any better ideas on how to start development in this space then I'm all ears too.

Thanks!