Topic: [ANN] [MΣC] Megacoin.co.nz - Forum, Github, Website Now in 18 Languages - page 156. (Read 330769 times)

Am I the only one confused as hell?

Marty, we don't have much time, we must release it upon the universe today.
The future of Megacoin depends on it.

This is what makes time-dilated difficulty formulas possible: the Kimoto Gravity Well! It's taken me nearly sixty six years and my entire family fortune to realize the vision of that day.
KGW = 2.7084 * ((BlocksEncounteredMass/144)^-2.428)

Marty, we don't have much time, we must release it upon the universe today.
The future of Megacoin depends on it.

Agree... But things can get pretty quiet around here waiting for Kimoto. 

Honestly, I'm far more interested in Kimoto's post about "Strong opportunists" and "Megacoin services". I'd much rather see more of darkproton's humor than listen to this baloney about "There can be only one"... 

Please, less off topic. Waiting for Kimoto..

What would the proposed solution to this be though?
You're somewhat right. Well afaik there are a few VPNs that don't release logs even in those situations.

Update: Missed a sentance. If you don't reply it's okay I guess.
Though zerocoin will bring MEC above the other alts pretty much?

It's like saying only gold, or diamonds are valuable, or there is only going to be one stock remaining in the NYSE! The reason Litecoin was developed is because people wanted alternatives to Bitcoin. It's just a matter of time until various governments propose their own digital currencies.

Perhaps there could be others that exist not as the unit-of-account, e.g...

Anyone who thinks everyone will settle on a single "World Currency" is living in a dream world. If they did, it would be the biggest reason not to use it, and to seek alternatives. When we talk about privacy and anonymity it's all relative, just like buying a gun safe. Not everyone needs a $12,000 Fort Knox safe. Alternatives will offer various levels of rarity, security, privacy, and features that determine their popularity and value. I believe these alternatives are already playing a part in pegging the value of Bitcoin and Litecoin.

i guess its almost here... 

I am invalidating some of what I wrote in that post, there is a case where we need a laundry and don't want to use paypal or a credit card, i.e. we want to reveal our identity but not overtly to our bank (or the merchant can't accept paypal) yet we want to delink that back to our public key for our coin.

Anoncoin (over I2P not Tor) is anonymous against most privacy adversaries but potentially not against the traffic analysis (data mining) capabilities of an NSA adversary, since I2P isn't yet HIGH-latency enabled (to defeat timing analysis). Tor may already be a data mining operation of the NSA, because it only does 3 hops and the servers are not all the clients (thus handling a lot of traffic and have to be funded somehow, who do you think is funding the Tor servers? It only takes 1 or 2 or 3 in your onion route to give you away, especially when coupled with traffic timing analysis).

We need to be careful about summarizing at this point, because many issues are still being debated.

About my economics understanding, Moldbug is correct there can only be one cypto-currency remaining at the end, and the reason is the nature of unit-of-account versus store-of-value (specifically see linked point #2), i.e. only the majority will choose. Perhaps there could be others that exist not as the unit-of-account, e.g. ones that are more anonymous but shunned by the majority because they are, yet they will be outcasts/fringe.

Guys I need to stay focused on technical analysis (in technical threads) so I may not be able to follow the discussion here.


Those servers are linked back to your IP address, because the NSA can see all the traffic. Encrypting what is inside your packet doesn't always help, because of timing analysis. Also they can compel by court order the VPNs to turn over logs.

wheres the fork at?