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Showing 20 of 50 results by henryjames1003
Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero)
to OP's thread:
I want to become a Padawan one of these guys (CN/BCN/Masson team). But there are no Jedi around me. Like there is no conspiracy in CN and Butecoin. You research looks really strange.
Is it trivial envy or Monero PR?
I want to become a Padawan one of these guys (CN/BCN/Masson team). But there are no Jedi around me. Like there is no conspiracy in CN and Butecoin. You research looks really strange.
Is it trivial envy or Monero PR?
keep seeing posts like "decentralized and anonymity" is the main in cryptocurrency for me. It's clear about decentralizing but what about anonymity?
how important it is for each one? How do you think is it real need or just desire?
Why do you want(need) total anonymity with untraceable addresses/transaction? Is it more important than asic-resistanse, open source or percent of premined coins?
how important it is for each one? How do you think is it real need or just desire?
Why do you want(need) total anonymity with untraceable addresses/transaction? Is it more important than asic-resistanse, open source or percent of premined coins?
If transactions for a certain coin are truely anonymous, then how can they really protect against double spending?
every anonymization technologe has their own solution for this problem. try to google about each oneThere are thousands of altcoins out there.
But Which of them are you confident about?
On which you will put your money into and hold it?
Why do you think so?
Can you select the best altcoins in the market?
Eg. DOGE, DRK, Stellar , ...
But Which of them are you confident about?
On which you will put your money into and hold it?
Why do you think so?
Can you select the best altcoins in the market?
Eg. DOGE, DRK, Stellar , ...
it sounds like "what is better: vine or vodka?"
There are a lot of currencies now and even if we take out from list all scamcoins(known and unknown) there will be a lot. they are specific and many are designed for their purposes. So there are no one "best altcoin". You need to find 2-3 and keep them together. It's the best way i think.
Re: What are the basic features of 2nd gen cryptocoins?
I am writing an introducing paper to cryptocurrency. I have a doubt in my mind.
"What are the basic features of 2nd gen cryptocoins compared to Bitcoin?"
or in another words:
"What are the necessary ingredients of 2nd gen crytpocoin? What make them be 2nd-gen rather than 1st-gen?"
In your mind, how many 2nd gen coins there are so far? Which ones?
"What are the basic features of 2nd gen cryptocoins compared to Bitcoin?"
or in another words:
"What are the necessary ingredients of 2nd gen crytpocoin? What make them be 2nd-gen rather than 1st-gen?"
In your mind, how many 2nd gen coins there are so far? Which ones?
2nd gen - coin solving the problems of the Bitcoins and it early forks:
- truly anonymous (in Bitcoin everyone can track your address)
- faster than Bitcoin (<<10 min confirmation time)
- low mining threshold (current Bitcoin is area for big ASIC-miners. Real 2nd gen have to be ASIC-resistance)
- PoW like a system have their own disadvantages like 51% attack, ecological problems (more Mhash => more Watts) and etc
There are main criteria of 2gen coin for me.
There are a lot of coins implements some of that - NEM, NXT, Monero, Bytecoin(BCN), Darkcoin etc.
P.S. And 2gen is the marketing ploy, of course. Each ScamCoin is perspective, innovative, 2nd gen and truly anonymous.
Someone here mentioned about NiteSend, it's anonymization technology. i found pretty nothing, only this one https://imgur.com/SVl2BQB link. Do you have more? Are there any REAL coins implements Nitesend?
i think if i was going to wager i would wager on crypto note at this point, still studying it's code,
i don't trust anything not open souce either......
i think dark is a lot more hype than reality......
one thing for sure multiple hash algorithms together are weaker than a single proof of work algorithm, that is a factor to consider as well , but maybe for the future..... still it's been proven mathematically
i don't trust anything not open souce either......
i think dark is a lot more hype than reality......
one thing for sure multiple hash algorithms together are weaker than a single proof of work algorithm, that is a factor to consider as well , but maybe for the future..... still it's been proven mathematically
could you give me any link on papers or articles with "math proof"? I'm not a pro in cryptography to understand it by myself.
Hello! I'm researching now about anonymity in Altcoins. Found a lot about Bitcoin troubles, Darkcoin drksend and now faced with CryptoNote.
this is the scheme of darksend:
http://i61.tinypic.com/2jbwg2u.jpg
cryptoNote: do you have some?
I found a lot about ring-signature but is it all that cryptonote is?
Could you help me to find all-in-one scheme with cryptonite and give any advantages or disadvantages of cryptonote in comparison with darkcoin?
P.S. Could you give me examples of the other anonymisation schemes using in altcoins (with altcoins example)
this is the scheme of darksend:
http://i61.tinypic.com/2jbwg2u.jpg
cryptoNote: do you have some?
I found a lot about ring-signature but is it all that cryptonote is?
Could you help me to find all-in-one scheme with cryptonite and give any advantages or disadvantages of cryptonote in comparison with darkcoin?
P.S. Could you give me examples of the other anonymisation schemes using in altcoins (with altcoins example)
If that was the case the price would most likely be making new all time highs. From what I can see the work is still in progress but could be closer then many think, or not.
could you explain this? what work and what price? is it the price of the darksend(i'm not drk-user, just researcher) price for one drk?
anyway thank you a lot. it is very useful for me.
Forget the $1m & $100,000 predictions, what's everyone's opinion on when bitcoin will hit $10,000?
when you will be able to buy coffee via Bitcoin. It is mass-adoption question
Ok, most of you telling that bitcoin-rate depends on mass-adoption. My Russian friend told me that there were tha bar accepting Bitcoins in Russia before goverment bans it. So there were the system like "Transfer money to address in your acc and later you can use your BTC. So there were not clear BTC-use. I think it caused by 10-minute-confirmation time.
So i cant buy coffee directly with Bitcoin. Anything else?
So i cant buy coffee directly with Bitcoin. Anything else?
I perceive Darkcoin as anonymity Bitcoin. In Bitcoin everyone can track my addresses or wallets. In Darkcoin - nope. So if i want more anonymity i will try Darkcoin in my transactions. But am i right? Are the Darkcoin truly anonymous? But few years ago everyone thinked that Bitcoin anonymity is pretty enough.
what are the disadvantages of Darkcoin in anonymity aspect?
what are the disadvantages of Darkcoin in anonymity aspect?
may be you are right. But it will take more then 5 years for Bitcoin to become a really mass-adoption. It's easy to switch your mobile system. Especially if it promotes by Apple or Google. There are no Bitcoin Google. And your money is not your phone's(or laptop) OS.
Do you think there is a limit to the growth of Bitcoin? 1к USD? 2k?
How i can see:
every day money comes to Btc so one Bitcoin becomes more valuable.
And each 10 minutes new 25 BTC comes to world. It's emission. every block creates new Bitcoin and each one becomes less valuable.
So: Bitcoin is growing steadily because money income bigger then emission. I know it's simple and little incorrect explanation.
whether in the future the time when Bitcoin will stop? and at what level?
How i can see:
every day money comes to Btc so one Bitcoin becomes more valuable.
And each 10 minutes new 25 BTC comes to world. It's emission. every block creates new Bitcoin and each one becomes less valuable.
So: Bitcoin is growing steadily because money income bigger then emission. I know it's simple and little incorrect explanation.
whether in the future the time when Bitcoin will stop? and at what level?
China bans Bitcoin, then unbans, then bans. Then Argentina, Russia, Bolivia and New York do the same. At first the Bitcoin market reacted wildly, now not so much. Bitcoin is the economic battlefield of this century. Sovereigns are finding that simple denial won't make the blockchain go away. They want to do what governments do, and that is to regulate. Bitcoin says otherwise.
Sure governments can slow down adoption by banning its public use, but they are finding that more progressive nations are using that as an opportunity to gain advantage in the technology. Then comes the escalation. Oppressive regimes begin a series of doublespeak where they welcome Bitcoin, but attempt to undermine its development through propaganda. They allow banks to set government policy thinking it is in the best interest of the nation. None of them realize that Bitcoin was developed for people, not institutions.
The war will continue to escalate. More bans and more regulations will break the news, but meanwhile governments will be accumulating bitcoins because they know how the endgame is played. They know their power is threatened by Bitcoin and will tear each other apart over how to take that power. They will also tear themselves apart with internal power struggles.
This is just silly. The war analogy may appeal to the legacy financial system and Tsun Tsu fans, but Bitcoin is beyond the reach of those anachronistic social phenomena. Math is for everyone. It's not a weapon to be manipulated by bullies. This is the opportunity to develop decentralized lending and commerce. It's also the time to develop tools that can be used by the lowliest and poorest amongst us. The endgame is that Bitcoin is power. Let's make sure that power is decentralized and accessible to all.
Sure governments can slow down adoption by banning its public use, but they are finding that more progressive nations are using that as an opportunity to gain advantage in the technology. Then comes the escalation. Oppressive regimes begin a series of doublespeak where they welcome Bitcoin, but attempt to undermine its development through propaganda. They allow banks to set government policy thinking it is in the best interest of the nation. None of them realize that Bitcoin was developed for people, not institutions.
The war will continue to escalate. More bans and more regulations will break the news, but meanwhile governments will be accumulating bitcoins because they know how the endgame is played. They know their power is threatened by Bitcoin and will tear each other apart over how to take that power. They will also tear themselves apart with internal power struggles.
This is just silly. The war analogy may appeal to the legacy financial system and Tsun Tsu fans, but Bitcoin is beyond the reach of those anachronistic social phenomena. Math is for everyone. It's not a weapon to be manipulated by bullies. This is the opportunity to develop decentralized lending and commerce. It's also the time to develop tools that can be used by the lowliest and poorest amongst us. The endgame is that Bitcoin is power. Let's make sure that power is decentralized and accessible to all.
banks is a slow heavy structure. It's hard to get really new concept of cryptocurrency.
I think the real purpose of banning is not "kill" Bitcoin just get some more time to rebuild their own structure. May be few years later there will be some banks in Bitcoin world.
Re: How many people are here because they like reading about scams?
I'm here to research interesting concepts and ideas. I think Bitcoin someday will die and someone will have to take this place. I'm interested in - who.
Re: who are those 1% of the new world order of bitcoin economy?
currently about 1% of address has more than 5 bitcoins..
when it comes to wealth inequality bitcoin is same as the old financial order.
so those who own more than 5 bitcoin, will they become the 1%...
then who are those 99%? ..
one good thing is the 1% of bit economy could be from the 99% of old economy..
if decentralization does not solve wealth inequality, what else will?
when it comes to wealth inequality bitcoin is same as the old financial order.
so those who own more than 5 bitcoin, will they become the 1%...
then who are those 99%? ..
one good thing is the 1% of bit economy could be from the 99% of old economy..
if decentralization does not solve wealth inequality, what else will?
Bitcoins - is not communism, but only honest capitalism. It gives you ability to be safe, secure and state-independent. Do you want more?