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Showing 16 of 16 results by mami
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Topic
Board Altcoin Discussion
Re: [POLL] What altcoins will survive the next 12 months?
by
mami
on 21/04/2014, 17:52:06 UTC
Nobody mentioned Myriadcoin yet... the biggest innovation of 2014... just sayin...
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Topic
Board Altcoin Discussion
Re: Myriadcoin and 51% attack/selfish mining
by
mami
on 21/03/2014, 09:59:25 UTC
to 51% myriad afaik. you would need 51% of each algorithm (technically only 20% or so is required for a chance of success. 51% is pretty much guaranteed (thats how wdc got attacked))

and selfish mining from what i know would just cause the selfish miner to fork due to the requirements to have the other algo's

Ok, so I take it as yes, myriadcoin is technically more secure and less easy to attack compared to bitcoin.

However, it has 5x or greater risk of an algo being compromised mathematically (groestl, qubit and skein are still somewhat experimental, right?)...

Although I suppose the coin could be hardforked if such an event occurred?
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Topic
Board Archival
Re: delete
by
mami
on 21/03/2014, 09:52:31 UTC
I highly suspect the Icelandic authorities hired a crew to do this as the resources needed to do this, this quickly are huge.

if iceland had white hats in their government with this kind of awareness and know-how, it would be a huge step forward for the entire world.

LOLZ, but wait - if you think it through, it's not the Icelandic government who is really worried about this coin taking off - it's the banks and corporations who hold their DEBT who are worried...  I'm guessing a few million would be a SMALL amount for IMF to throw at this... but eventually the story might leak...

Since the Icelandic central bank has imposed capital controls, AUR could theoretically wobble their "peg" on the krona (not something they want).

For the average citizen of Iceland, AUR means FREE MONEY and GROWTH, as well as a chance to import stuff from foreign countries. Who could be opposed to this?
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Topic
Board Announcements (Altcoins)
Re: [ANN][MAX] MaxCoin - Alive and Kickin'
by
mami
on 20/03/2014, 08:27:14 UTC
Good morning people - is someone running the Kimoto Gravity Well exploit: https://bitcointalk.org/index.php?topic=504103.0;all on the Maxcoin network?  I am getting slow performance, etc.


Secondary , god know , nobody will shout that he is exploiting a chain , besides BCX.

Yes but he claims he's attacking Auroracoin, not Maxcoin (yet).  In theory anyone using KGW should be vulnerable.

The Dogecoin people have already released a new build which switches to a new diff adjustment.

Even if it's an attempt to drive down prices via FUD, the KGW issue seems real...
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Topic
Board Announcements (Altcoins)
Re: [ANN][MAX] MaxCoin - Alive and Kickin'
by
mami
on 18/03/2014, 07:06:07 UTC
Good morning people - is someone running the Kimoto Gravity Well exploit: Kimoto Gravity Well exploit: https://bitcointalk.org/index.php?topic=504103.0;all on the Maxcoin network?  I am getting slow performance, etc.

(edit) fixed URL.
Post
Topic
Board Altcoin Discussion
Re: Ethereum IPO reboot coming, time to get nervous about the future of crypto
by
mami
on 08/03/2014, 16:43:20 UTC
 When you're dealing with this massive number of people, it's obviously no longer an open source p2p currency project, but an actual corporation looking to make mega bucks.

I watched the video and they said "Turing Complete" 3 times in seven minutes...

My intuition tells me that this is a corporate+geek pre-mine IPO scam...

Buterin knows his tech stuff, but he's in over his head: the blockchain is not that cool of an innovation.

This planned grand architecture will do roughly what GNU Hurd has done - NADA.
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Topic
Board Altcoin Discussion
Re: Myriadcoin is a timebomb! Tick tick!
by
mami
on 08/03/2014, 15:37:56 UTC
Because of all the hyped launches that usually don`t have much to them, this coin was under the radar, it seems now people start to see what 5 algos into one coin means,diff is rising, price is catching up to the diff slowly, and it hasn`t any major exchanges, for this I am supporting the coin even with small donations to the bounty/reward for the dev, even if I don`t have impresive hashpower, this definetely has something to stick it out of the crowd.

Investing time and money into cryptocoins is an investment in TECHNOLOGY, not FANCY WORDS and GRAPHICS. 

Dogecoin was a joke, but geeks built lots of real technology around it - that's why it's "a shitcoin with value".
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Topic
Board Announcements (Altcoins)
Re: [ANN] [PMC] Premine! - 100% Premine / 100% Distribution - Mining TX fees only
by
mami
on 07/03/2014, 15:40:14 UTC
15YeBci5cPhP5g75R6tfBwhzMY46qAVLWW
Thanks.
Sent 3 PMC now I have 1.5
Sent you some PMC

Sorry to bother - I did not receive? txid?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PMC] Premine! - 100% Premine / 100% Distribution - Mining TX fees only
by
mami
on 06/03/2014, 08:42:20 UTC
15YeBci5cPhP5g75R6tfBwhzMY46qAVLWW

Thanks.

BTW Faucet is empty (http://faucet.premineco.in/faucet)?

Sent 3 PMC now I have 1.5


peace and love. If you want some MYR PM me  - a great new coin!
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PMC] Premine! - 100% Premine / 100% Distribution - Mining TX fees only
by
mami
on 06/03/2014, 08:03:32 UTC
15YeBci5cPhP5g75R6tfBwhzMY46qAVLWW

Thanks.

BTW Faucet is empty (http://faucet.premineco.in/faucet)?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
by
mami
on 06/03/2014, 07:35:28 UTC

The calculations are based on market cap predictions.  The price per coin changes based on the market cap and the amount of coins in circulation.


He's right - there will be a massive yet steady change in the "money supply", also known as monetary inflation...

However, if you read the coin site you'd know that Icelandic currency has devalued 96% in the past 20 years...

The author claims that it's illegal to hold currency other than Iceland crowns...

Auroracoin could well be a way to SHIFT money in and out of the country...

Think about it...

Once those bits start flying from anyone with a payment system...
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Topic
Board Service Discussion
Re: MtGox source code leaked ...
by
mami
on 06/03/2014, 06:15:54 UTC
Surely NOT Ruby (way more scary than PHP), and probably not C++/CGI (too esoteric and crashworthy), probably not Python/web (still not ready for the bigtime), and don't even mention Java (the world will be a better place when people finally stop using it).

Nothing wrong with Java running server side.  The security hell that is java applets needs to die.  I personally don't install java client side not because it is any direct risk but out of fear that some browser exploit will enable java applet access.  If java applets were killed off an no longer supported by modern browsers I would have no issue with java client side either.  Most financial institutions and large enterprises use java server side.  

Well there are problems with Java server side - high memory and CPU use, slow execution, occasional required restarting of backend infrastructure, and code bloat (Karpie's Bitcoin PHP class would take 5000+ lines of Java). Also Java server architecture didn't start off HTTP/REST-based - PHP was specifically designed for it (albeit recklessly).  Finally,  Java bugs always take longer to FIND AND FIX than any other language's -  a major cost.
  
The issue isn't so much PHP as the way it was used.  As a side note, you can shoot of your own foot with any programming language, PHP just makes it easier than others.  I would use Python over PHP because dynamic typing and implicit (warningless) conversion between types just makes it to easy to create bugs which only occur run time.  Combine that with no test driven development and you got a recipe for hard to identify bugs.

very true - php5's execution is SCARILY NON-DETERMINISTIC from time to time...

Someone up thread said testing, testing, and testing.  That doesn't mean let me try to manually "test the hell out of this" it means things like unit testing, code coverage, mocking, automated test validation in build process, etc.  That is impossible with the code as written.  The code as written is untestable, unmaintainable, and undocumented.  Everything is a bunch of static methods, magic constants spread throughout, SQL code interspersed with business logic, mixed with formatting.  The few places where a constant should be used they decided to use a literal 100000000 for conversion from satoshi to Bitcoins.  Money values are handled as floats.  Everything is tightly coupled and poorly documented so if Mark ever did bring on additional programmers that would just be a timebomb waiting to go off.  You can get god's gift to programming but if other "lesser" programmers can make fatal mistakes with your code because it is fragile ... it is bad code.

Hard to argue these points - nonetheless the old industry saying of "it's not a bug unless a customer finds it" holds true... With PHP a lot of poop can be swept under the rug or offloaded to the web server...

I forgot to mention node.js as an option for web infrastructure - I am not a fan of anything google and I hate Javascript...

Karpie might be polishing his coding skills up in a cell in the US soon...
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Topic
Board Service Discussion
Re: MtGox source code leaked ...
by
mami
on 04/03/2014, 12:09:03 UTC
I've seen so much bad code in my life... even in enterprise systems... this one looks quite average  Grin
I agree. I've worked as a software developer for 15+ years and this really is not that bad compared to some of the code out there. I was honestly expecting worse..

The code is not particularly readable, therefore it probably has some subtle bugs. OO PHP is some of the worst looking code out there, but it mostly works... Honestly, what else is anyone suggesting people USE to make this type of site?

Surely NOT Ruby (way more scary than PHP), and probably not C++/CGI (too esoteric and crashworthy), probably not Python/web (still not ready for the bigtime), and don't even mention Java (the world will be a better place when people finally stop using it).
Post
Topic
Board Speculation
Re: A cracker owning 850,000btc. How bad is that?
by
mami
on 01/03/2014, 04:25:08 UTC
If Mark was knowingly running a fractional reserve since 2011, then I think this is clear-cut fraud with jail time involved.  If Mark was not aware of the theft, then it is just incompetence/negligence.  He would have an incentive to inject as much confusion as possible. 

+1 - this Karp is bozo, but is still better than 90% of those Wall Street types...

Running stolen coins through an exchange for fiat would be suicidal, thief would get busted quickly.
So if a "cracker" really has 850K bitcoins (highly unlikely really), the question is "WHAT WILL HE SPEND IT ON"?

Answer:  a bunch of stuff from every site on the net that accepts bitcoin. I wouldn't be surprised at all to see "people" overstocking from overstock.com... actually good for the bitcoin economy in a way...
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Topic
Board Press
Re: [2014-2-05] Overstock now putting Bitcoin on TV
by
mami
on 28/02/2014, 19:16:20 UTC
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Topic
Board Press
Re: [2014-2-05] Overstock now putting Bitcoin on TV
by
mami
on 28/02/2014, 19:00:36 UTC
Comparing that to all the other previous Bitcoin TV spots, such as:

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