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Showing 20 of 237 results by chompyZ
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Board Announcements (Altcoins)
Re: [SDC] ShadowCash | Welcome to the UMBRA
by
chompyZ
on 26/09/2016, 11:49:09 UTC
Issue with 2FA is that you are forcing people to go with Google, second, people who travel past their cellphone area code with surcharges, and I found it caused me grief when I traveled abroad.
Also 2FA security has caused security hacks in the US where some folks called the cell provider of the target victim as a provider rep and got the sim card and now had full access.

Completely agree. It just isn't a benefit when used on a private wallet which should already be 100% secure. It could easily cause problems if you lose your phone, or don't have it with you.

+1
In that case, how about - upon installation of the wallet and generation of the PrivKey, wallet asks user if he/she wants a 2FA on a USB. If user clicks YES, generate an authentication key on a USB (which can be cloned for 2nd or 3rd backup), in a similar manner that a full-system encryption via USB as a 2FA is done. similar to-
http://blog.refu.co/?p=1398
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Topic
Board Announcements (Altcoins)
Re: [SDC] ShadowCash | POSV3 | Untraceable E-Cash | NIZKP | HD+BIP32 | ShadowMarket*
by
chompyZ
on 13/07/2016, 15:18:29 UTC
I think this interview is perfect although i do not know Rhyno personally i have been involved with this project for awhile he has always come across as down to earth and honest, this interview only clarifies that.

can i get a bump please people.

https://bitcointalk.org/index.php?topic=1549289.0

https://bitcointalk.org/index.php?topic=1549241.0



I'm sorry to say, but i was disappointed.
I'm saying this genuinely, as a real community member, not as a troll. i've been hodl very very long, thunderclaped, donated, and i'm still here for the long-run.
But imho, the interview was not "prepared" properly. It does not carry a "message". It is not "thrilling".
I's even go as far as saying it further midgets Shadowcash as a niche project that will never go mainstream.
Yes, Bitcoin is the bigger crypto, but so was microsoft until google came, and so was google until facebook came.
And since Shadowcash is tapping into a potentially huge market, namely the first decentralized market with privacy all around (cash, messaging, shops, no middleman escrow/curator, etc.), I expected this interview to leave me with a WOW... but i was left with a "that's it?"

Sorry Rhyno, dasource and fellow members. I have A LOT OF RESPECT to the shadowcash devs and community, but I's rather give my genuine feedback.

Then again, marketing was never a strong side of Shadowcash. Development is.
Waiting for the release  Smiley
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Topic
Board Exchanges
Re: Advcash | a new "anonymous" prepaid card [Recharge it with bitcoin] [USD & EUR]
by
chompyZ
on 27/04/2016, 01:14:06 UTC
The FUD by trolls / competitors / newbie accounts is strong with this thread.
This is the Update that was published today in the Advcash News section.

Quote from: AdvancedCash
We have been able to deal with the bank account issues from earlier. The transfers required to fund our account with our card vendor have already been sent. We expect the card platform to be back to normal on Thursday. The same timeframe applies to withdrawals to third party Visa/MC bank cards. As soon as these system components will start functioning as usual, there will be an update in the News.

As for bank transfers, we are working to bring wallet funding via SWIFT and SEPA back as soon as possible. Currently we are in contact with the bank locating and processing transfers that have not reached our account yet. As soon as they do, they will be credited to corresponding ADV wallets.

We thank you for your understanding and sincerely apologise for the inconvenience caused.

Post
Topic
Board Exchanges
Re: Advcash | a new "anonymous" prepaid card [Recharge it with bitcoin] [USD & EUR]
by
chompyZ
on 21/04/2016, 00:51:48 UTC
Hello Advcash,

As a satisfied customer from your service, I'd like to give you some feedback from the customer's seat-

As someone said here - it's hard to gain trust. I'll be very happy to continue using your service and looking forward for its full return;
The fact that I was able to easily withdraw my funds [in Bitcoin] from my account, assured me that you are sincere, and not trying to rip or hold on to customers' cash.

imho, the temporary daily funding/drawing of $100 that you announced today is spot on, and provides little but essential liquidity to those that relied on or are stuck without ability to withdraw or use the card. Way to go!

I know it must be a very hard and pressuring time for you, but your customers are your ally and should be more informed as to the nature [if not details] of the problem.

In any case, you are a pioneer in the crypto-service market, where everyone dealing with banks have seen their account shut-down, funds withheld, and many other harassments. Don't let this break you. The sky in not falling. Just strive forward to conclude the mini-crisis asap.

A note to my fellow customers
===================
From my experience, unlike in IT where every point-of-failure in the system can have a contingency plan/route, it is not the same case in business processes where you rely on a partner/ bank/ card issuer. I'm sure Advcash has grown grey hair in the past week, but as long as he hasn't stolen or withheld anyone's cash, he is  'good guy'. Please don't troll him.
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Topic
Board Exchanges
Re: Advcash | a new "anonymous" prepaid card [Recharge it with bitcoin] [USD & EUR]
by
chompyZ
on 15/04/2016, 16:43:56 UTC
No fud - withdrawing to a visa/mastercard [issued by a user's bank] doesn't work either.
I can only speculate from this that that this covers EVERYTHING to do with credit-cards, hence is not a technical issue, but rather a business/ bureaucratic issue with advcash's banking services.
... and weekend is approaching fast.

Then again, I have thus far been very happy from Advcash services, so i give them the benefit of the doubt that this is a business issue/ crisis, like every business occasionally has.
I'm also happy to see they learned something about the importance of communication during a crisis.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
chompyZ
on 19/04/2015, 14:25:12 UTC
Bitterness is strong here today hmmmm.

Anyhoo...anyone know if it's one or more of our community members behind Node40?

I'm interested to know how the service is progressing.

Node 40 is run by Perry Woodin, who is orangecycle on DCT. Otoh has used his services and raves about his professionalism. If you need something like this, it's highly recommended.

I am a darkcoiner from almost the beginning. I hardly post today and like contributing what i can from the background.  
A year ago [minus 6 days exactly], i posted this on Darkcoin forum:
https://bitcointalk.org/index.php?topic=421615.msg6390821#msg6390821

tl:dr - masternodes are ingenious, BUT large investors will make profits that small investors can't, hence the inequality of darkcoin distribution will widen.

That is why i also voted against reducing coin supply.
A month later, i posted this:
https://bitcointalk.org/index.php?topic=421615.msg6511073#msg6511073

tl:dr - Address- XosXcEm3Y6Mv6tmBKd1rUWhqB9Pf1hABj7  started accumulating darkcoins a week ago and now it already has 192,000 DRK !!! 4.6% of coins in circulation.

Fast forward -
Several days ago it was confirmed that someone (presumably Otoh), holds 675 masternodes:
https://chainz.cryptoid.info/dash/tx.dws?1702385.htm

I have nothing against otoh. I heard only great things about him, and I'm sure he is a wonderfull guy. But the fact remains that this is a staggering amount of masternodes, and its growth beyond that of small bag-holders is imho a serious issue.

I do not have a solution up my sleeve, although I've heard of ideas for community masternodes and P2P run masternodes. Still, this requires development, and a decision (voting? by whom?).

However, i do have a small request:
If you decided to run your masternodes via Masternode Service Providers rather than by yourself, PLEASE PLEASE distribute your masternodes among them, or choose the least largest provider. Having otoh's 675 masternodes run by node40 along with all their other clients makes it a centralized point of concern.
 and frankly, gives me a chill.

FWIW, I know of several users who have started using masternode.me services recently and are very happy from this service.
The payment is the same with any service provider you choose, and unless you have dozens of masternodes, then interface, graphs and other pyrotechnics are meaningless. You go in to view these data/charts/tables/whatever them only once in ages at most.

Keep Dash decentralized. Please.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 22/03/2015, 13:35:07 UTC
A little transparency goes a long way...

masternode's tl;dr question is simple:

* Do the 610BTC (i.e. or what's left of them) belong to BTCdrak, or do they belong to the community?

Imho, it's a legit question, and we, as a community, deserve an honest strait tl;dr answer. Yes or No... Personal insults will not get us anywhere...
On this note, I have to admit, that until masternode and barabbas started raising questions, I was confident that the 610BTC (i.e. or what's left of them), were community funds...




Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 14/03/2015, 10:46:51 UTC
...if you counted the number of actual participants on this epic thread you'd see there's not so many people actually talking.
Lol, there are about 8 of us and we make the market move Cheesy

imho there is only ONE player that is moving the market, and i doubt if he/she/it ever participated in this forum.
In the past 3 days, that someone has potentially gained 2.3m viacoins, at an investment of ~130BTC.
This doesn't look like a lone trader to me. Seems like a serious player or group... perhaps a P&D group that noticed Viacoin's price and is now building position to later pump it.
Placing ~130BTC into a coin that has no significant volume, while collecting 1/6 its outstanding coins,  means either a serious long-term position by a serious player, or a moon-type P&D in the making.

Furthermore, we now know that:
New player = 2.3m VIA
Masternode+Otoh = ~in the millions of VIA
XCH firesale fund = 1m VIA

this alone represents almost half of the outstanding VIA coins... i.e. supply side is getting shorter and shorter...
P.S. I know i passed the thread rules by talking about this stuff. I just couldn't hold myself  Smiley
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 13/03/2015, 10:17:06 UTC
Had I been overmoderating you'd all have a case, but the truth is, I think 1 post was deleted in the last 3 months...

Drak, i think i'm misunderstood here.
I do not claim that you moderated badly. On the contrary - I give you a 10/10 grade in moderation. honestly.

My point is that by default, any moderation rules = censorship.

Think of it this way- Just as the NSA and GHCQ claim they do not use or publish our personal content so we have nothing to be concerned about our privacy being breached, the mere fact that WE KNOW that they do sweep through everything we write/communicate makes us communicate differently, self-censor our content, and make it less genuine.
I don't think anyone should even consider if their content complies by the rules, or borderline, or any other self-censoring thought. If anyone has something to say- say it, and we will either read it, ignore it, reply, or ignore the user altogether.
That's part of my belief system, and it has NOTHING to do with you, or with this other rule, or with how superbly you moderated until now.
These are my 2cents, and now that i've posted my thoughts, i'm not going to touch the subject again and remain as before either way.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 13/03/2015, 09:33:18 UTC
Just only moderate clear bullshit and lies...
Who decided what is bullshit and what isn't? what is FUD and what is legit?
Last week barabbas was seen as a troll; now he is an opinion leader...
there is no such thing as 'light censorship'. it's either censored, or uncensored...
If we as a community can not handle trolls, different opinions, fud, bullshit, newbies, etc., then it's not a movement... it's a cult.
I prefer a movement where i can say whatever i feel, realize that the community thinks different, and still feel as equal user in the community.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 11/03/2015, 12:20:09 UTC
Drak censoring the thread is a bit silly imho,
+1
censorship is against what each and every one in cypto believes. No reason for censored thread.
Trolls will always be, and users can answer, ignore, or press the 'ignore automatically' button.
Community members should feel free to talk bout WHATEVER they wish, may it be price, ideas, dissatisfaction, trading, mining, whatever.


If you're an investor in via it should be because you believe its technological direction to be superior to bitcoin and win out in the long run.
-1
If you're an investor in via you should come to terms that you are taking a BIG risk, and MOST LIKELY you will lose all your investment. If you can't handle such loss, dump all or at least what you can't afford to lose. Now that you are indifferent to the VIA price, anything can happen- worst: VIA becomes a worthless zombie coin; best- smart contracts and Turing complete scripts are imported from Ethereum, treechains are tested, people build apps on VIA/CH... who knows.


The silence has been deafening these past few months and Drak did f**k up in that respect
+1
Most coders I've met in my life tend to underestimate the importance of communications and why lack of it creates tension or distrust. Drak certainly experienced a cold shower, but imho don't expect him to become open and communicative just because of this experience. It is our job to ask, address him, and engage him to answer. If it's only up to him, then imho by nature, a coder remains a coder... [no offence Drak- you are an excellent coder but community/communication might not be your "thing"  Smiley ]


If you aren't looking at the current price of viacoin as an amazing opportunity right now then...
-1
I see viacoin as a technology experiment, and a lottery investment. The experiment can succeed technologically but fail investment wise, or vice versa, or both, or neither. At these prices, at half these prices, or any other price- still no-one can provide not even an educated guess about the future, neither Drak, nor Peter Todd, nor masternode, or anyone else. That is why it's important to stick to a position you can afford to lose, write it off in your mind, and then join the community to help build/promote something. Bitcoin was written-off by so many people, so many times...  apparently, any coin was written-off at this time or another, including litecoin, darkcoin, NXT, etc. etc..


Many people here (me included) thinks that VIA needs more adoption
-1
adoption is an illusive term. Adoption by whom?
users? honestly, why should users convert to using viacoin when they have bitcoin...
merchants? why would they use viacoin when they have bitcoin, and even that is hardly used...
imho, adoption has different stages, with each stage tapping to a different adoption vector.  
Right now, viacoin is simply no match for bitcoin as a currency [bitcoin is more accepted, recognized, traded, distributed, wallets, merchants, etc].
Adoption of CH as a decentralized market will also fail because it is based on a narrowly distributed coin [Viacoin] and can not compete with centralized exchanges in speed, volume, range of coins, etc.

I believe Viacoin's adoption right now should be 'app-developer adoption', i.e. convincing app developers to build their apps on CH.
Any app will do- a game, a discount token, an art-authentication app.... anything

We can do this in one of two ways I can think of-
1) community members rout connections to potential app builders and start-ups to Drak's direction and nag until the parties communicate.
2) community decides on an app project, and instead of throwing money on useless PR/ branding, we finance the first app and release it as an open-source proof-of-concept that can later be the base to drive more devs to build apps on VIA/CH.

We missed getgems, but i know there are other potential app-builders waiting on the fence...
They need some persuading to do, and with community members' connections + Drak's hands-on involvement, we might just succeed in flipping some of them our way instead of going to Ethereum, NXT, Bitshares, Mastercoin, etc.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 16/02/2015, 09:39:34 UTC
I'm a fundamentalist when it comes to economics and investing,
yet still, looking at this 1-week $VIA chart at bitcoinwizdom makes
me wonder if Viacoin is about to break upwards.

These 2 so-called support and resistant lines will converge in the next 2 weeks...
Perhaps something boiling under the hood.
Then again, I was never a technician trader and I might be hallucinating...  hehe  Smiley




Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [MUVA] Asset XCP Counterparty | [PRE ANN] Loyal Coin POW | Rewards System
by
chompyZ
on 07/02/2015, 18:20:41 UTC
This isn't clear. Are you issuing this token on Counterparty or on ClearingHouse?

in your OP you wrote:

MUVA Asset now live on the XCH Clearinghouse Exchange
MUVA/XCH & MUVA/VIA Markets
Purchase with XCH or VIACOIN at https://clearwallet.co/#

...and then you write -

How to purchase the MUVA Asset
https://counterwallet.io
1. Create a new wallet if you don't already own one.
2. Deposit XCP you can purchase from Poloniex or BTER
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 16/01/2015, 10:29:25 UTC
^^ Is this really the response the viacoin community is going to leave with for this concern? When there is no valid explanation we just sweep any crticism/concern under the rug?


a. It's a free world, in which anyone can invest as they like, as much as the like/ have/ or believe in a project.

b. OTOH has proven to be a legit long-term hodler, far from the P&D type.

c. BTCdrak has proven to be a legit long-term hodler, far from the P&D type.

d. BTCdrak holds funds of the 'community'. they are not his. These funds are used to support the development of Viacoin & CH. If your point is that there needs to be agreement / control / consensus / multi-sig / whatever on these accounts, then my response is that this has never been debated as BTCdrak has earned himself reputation as responsible and fully dedicated, and i myself have no fears of him scamming me etc.

e. OTOH holds 1.5m coins out of 13m coins. that is far from having a 'control' over the coinbase. Furthermore, more coins are mined every 24sec, so next year his stack will be of merely several percents of the coinbase... i.e. nothing to be alarmed from, and certainly not in a position of control.

f. A few days ago, someone bought 100k viacoins in less than an hour... It is a free market, and you are invited to buy as much as you want. In today's prices, if you desire to reach a similar 'control' stake as OTOH, it takes merely 150BTC of investment...

I am not naive, and I am somewhat paranoid... but my decision to support Viacoin is completely rational, and i'm not trying to hide any of your points under the carpet. Many of us in this community have noted these points before, considered and evaluated the risks of being scammed, and eventually concluded that this coin is legit, the developers and their efforts are real, their progress is real, and we support it... in spite of FUD and self concerns that i'm sure everyone has at some point or another.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 08/01/2015, 10:08:16 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 28/12/2014, 21:12:44 UTC

So I'm curious as to the consensus answer for this one:

Given the explosion in network hashrate due to merged mining, the market price of VIA should:


imho go up because-
a) Viacoin network is now by magnitudes more secure   AND-
b) Viacoin is now distributed to a larger community of miners (network effect)
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 26/12/2014, 15:02:43 UTC
Seems the viacoin network got a Xmas present: The network successfully transitioned to merged mining a little earlier than intended at block 551885 so pools may begin merged mining right now. It also means that any 0.10.5 nodes will have been forced off the main chain at block 551885. Make sure you upgrade.

I can confirm everyone important on the network has already upgraded to 0.10.6.x like Bittrex, Bter, most pools, etc. etc.

Awesome news, could use a press release, what happened ?  

+1
I agree that a press-release saying that we have successfully merged-mined de-facto, and what it means is the right move.

... and WELL DONE smoothly as always btcdrak!!!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 11/12/2014, 16:17:19 UTC
http://blog.viacoin.org/2014/11/13/petertodd-dev-update.html

How is treechains going? No news in a month

I have no idea what is going on behind the scenes, BUT -

a) i find BTCdrak's relative silence about what is cooking very encouraging bcs i translate it as 'i'm working on big things [not some small decorations] that i can't share with you guys'.

b) if "a" is TRUE, then i further encourage BTCdrak not to release anything until early January bcs i fear it is holiday season and will not get the right attention and coverage.

c) I am known to be over optimistic about everything, but hey, life looks much prettier this way  Smiley
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 29/11/2014, 18:20:40 UTC
I know it is quite a difficult concept for people to get but merged mining does not make a child coin more or less independent.

If the above statement is TRUE, and if BTCdrak is favourite of the idea to merge-mine Viacoin, then i'm also in favour of it (without going into the inner mathematics of the concept).

May the force be with it!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★
by
chompyZ
on 29/11/2014, 15:50:01 UTC
imho, this post gives an interesting point of view on merged mining:

http://blog.melotic.com/2014/09/30/the-scrypt-alliance/

I do not have enough understanding as to the impact of merged mining on a coin.
I can say though that my jut feeling nd limited view is that we are offered/offering the following tradeoff -
1) we help Litecoin hedge its #1 alt position
2) in exchange, we get 'some' security against DDOS

However, i'm into Viacoin because I believe it can overtake in significance and impact most other alts [certainly litecoin], and help disrupt the market in a good way. If merged mining is going to give us 'some' security' but make Viacoin less independent, or less flexible - then i'd vote against merged mining.
If Viacoin has a network hashrate problem, I'm sure some prominent bagholders can each take some rigs and help secure the network, as has already been done by a few on this forum.

From BTCdrak's last post, I understand that he is in favour of merged mining... and i'd love to hear his rational as him and PT are the most authorative people on the matter and their view counts imho more than a 100 community members like me that have limited understanding of the topic.
As I said, i'm still trying to understand the concept.