What's going on? What are instant transactions?
Innovative change of the transaction confirmation algorithm probably
Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 4072. (Read 9723776 times)
September 15, 2014, 10:39:54 AM
Innovative change of the transaction confirmation algorithm probably
September 15, 2014, 10:37:55 AM
0.0065 
This solution Evan has devised could be a game changer. The biggest thing holding back crypto from mainstream use as a currency is the relatively high transaction time vs traditional payment methods such as card transactions and paypal etc. If transaction time can be reduced to under 30 seconds then it becomes a viable option for payment of day-to-day transactions such as groceries, restaurants, fuel, impulse purchases.
Very exciting!
September 15, 2014, 10:34:13 AM
What's going on? What are instant transactions?
September 15, 2014, 10:28:43 AM
0.0067
edit:
lets stop this "to da moon".
its about healthy grow, not pnd.
but i have to admit:
i would care about 0.0078
edit:
lets stop this "to da moon".
its about healthy grow, not pnd.
but i have to admit:
i would care about 0.0078
September 15, 2014, 10:20:55 AM
Aye laddy, I heard Evan Is 7 feet tall and defeats other shitcoins with fireballs from his eyes and lightning bolts from his arse!
You heard right.
But the 7 feet its not the size of his body,
its the size of... you know what i mean.
But, like said, the rest is plain true.
get some small amount of DRK,
and join the testnet.
welcome on board.
Well, so glad to see you're not compromising on quality too....
Quote
fuck the moon where taking this bitch to your anus
September 15, 2014, 10:12:17 AM
Aye laddy, I heard Evan Is 7 feet tall and defeats other shitcoins with fireballs from his eyes and lightning bolts from his arse!
You heard right.
But the 7 feet its not the size of his body,
its the size of... you know what i mean.
But, like said, the rest is plain true.
get some small amount of DRK,
and join the testnet.
welcome on board.
September 15, 2014, 10:08:03 AM
Quote from: IRC
9/14 8:51 pm I just solved one of the largest problems facing Bitcoin. Instant transactions. I know how to do it...
9/14 8:52 pm It'll be compatible with Darksend too. So we'll have anonymous instant transactions.
9/14 8:52 pm Oh and there will be no bloat, that is the problem with POS. I bet we can get a confirmation within 10-20 seconds in most cases.
9/14 8:52 pm It also fixes the finney attack, which is another huge problem for bitcoin
9/14 8:56 pm =) thats some good news
9/14 8:56 pm lemme know when you need testers
9/14 8:57 pm Yeah, I'm obviously pretty excited about it. I just had a eureka moment
9/14 8:58 pm It's simple, elegant, instant and will cost a ton of money to subvert. Perfect 
9/14 8:59 pm does that have any technical implication on how transactions are processed and blocks?
9/14 8:59 pm from a pool standpoint
9/14 8:59 pm nope.
9/14 8:59 pm It's not even a hard fork
[...]
9/14 9:25 pm interesting.. https://bitcoin.stackexchange.com/questions/4942/what-is-a-finney-attack
9/14 9:27 pm It could possibly stop a finney attack. It's funny you post that, it's what I'm thinking about righ now
9/14 9:27 pm right*
9/14 9:28 pm It can definitely stop all other double spends, but finney attacks require the client to reject blocks.
9/14 8:52 pm
9/14 8:52 pm
9/14 8:52 pm
9/14 8:56 pm
9/14 8:56 pm
9/14 8:57 pm
9/14 8:58 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
[...]
9/14 9:25 pm
9/14 9:27 pm
9/14 9:27 pm
9/14 9:28 pm
WHOWWWW
this is great !!
now we just need an official statement from Evan to make this Public for real !!!!
Yes, it's real and the solution is really cool
I'll be publishing a paper soon to explain all of the details. Nice post to wake up to! LOL
+1000
panic buying allowed
Already happening
3.04 US$
Catchiiiing
September 15, 2014, 10:07:20 AM
Yes, it's real and the solution is really cool I'll be publishing a paper soon to explain all of the details.
I'll be publishing a paper soon to explain all of the details. Hope you have a plan how to "sell" your invention as high as possible - so Darkcoin will benefit from it - not competing coins.
September 15, 2014, 09:57:30 AM
Quote from: IRC
9/14 8:51 pm I just solved one of the largest problems facing Bitcoin. Instant transactions. I know how to do it...
9/14 8:52 pm It'll be compatible with Darksend too. So we'll have anonymous instant transactions.
9/14 8:52 pm Oh and there will be no bloat, that is the problem with POS. I bet we can get a confirmation within 10-20 seconds in most cases.
9/14 8:52 pm It also fixes the finney attack, which is another huge problem for bitcoin
9/14 8:56 pm =) thats some good news
9/14 8:56 pm lemme know when you need testers
9/14 8:57 pm Yeah, I'm obviously pretty excited about it. I just had a eureka moment
9/14 8:58 pm It's simple, elegant, instant and will cost a ton of money to subvert. Perfect
9/14 8:59 pm does that have any technical implication on how transactions are processed and blocks?
9/14 8:59 pm from a pool standpoint
9/14 8:59 pm nope.
9/14 8:59 pm It's not even a hard fork
[...]
9/14 9:25 pm interesting.. https://bitcoin.stackexchange.com/questions/4942/what-is-a-finney-attack
9/14 9:27 pm It could possibly stop a finney attack. It's funny you post that, it's what I'm thinking about righ now
9/14 9:27 pm right*
9/14 9:28 pm It can definitely stop all other double spends, but finney attacks require the client to reject blocks.
9/14 8:52 pm
9/14 8:52 pm
9/14 8:52 pm
9/14 8:56 pm
9/14 8:56 pm
9/14 8:57 pm
9/14 8:58 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
[...]
9/14 9:25 pm
9/14 9:27 pm
9/14 9:27 pm
9/14 9:28 pm
WHOWWWW
this is great !!
now we just need an official statement from Evan to make this Public for real !!!!
Yes, it's real and the solution is really cool
I'll be publishing a paper soon to explain all of the details. Nice post to wake up to! LOL
+1000
panic buying allowed
September 15, 2014, 09:48:01 AM
This seems to have been confirmed:
https://ca.finance.yahoo.com/news/comcast-threatening-cut-off-customers-092817979.html
https://ca.finance.yahoo.com/news/comcast-threatening-cut-off-customers-092817979.html
Again - another re-hashing of the original post
I'm not buying it...
My search for the truth will continue today...
As previously stated.... There is no directive, that I am aware of, that states users cannot use TOR.
I misread the new article earlier this morning thanks for catching that. So it remains a rumour, or possibly an intelligence leak ...?
I thought you would like that. I really feel like dancing right now, instantaneous payments 
September 15, 2014, 09:36:32 AM
Do you guys think silkroad 2 and agora will accept DRK? It would make sense, why they are still waiting?
open source? September 15, 2014, 09:35:45 AM
Quote from: IRC
9/14 8:51 pm I just solved one of the largest problems facing Bitcoin. Instant transactions. I know how to do it...
9/14 8:52 pm It'll be compatible with Darksend too. So we'll have anonymous instant transactions.
9/14 8:52 pm Oh and there will be no bloat, that is the problem with POS. I bet we can get a confirmation within 10-20 seconds in most cases.
9/14 8:52 pm It also fixes the finney attack, which is another huge problem for bitcoin
9/14 8:56 pm =) thats some good news
9/14 8:56 pm lemme know when you need testers
9/14 8:57 pm Yeah, I'm obviously pretty excited about it. I just had a eureka moment
9/14 8:58 pm It's simple, elegant, instant and will cost a ton of money to subvert. Perfect
9/14 8:59 pm does that have any technical implication on how transactions are processed and blocks?
9/14 8:59 pm from a pool standpoint
9/14 8:59 pm nope.
9/14 8:59 pm It's not even a hard fork
[...]
9/14 9:25 pm interesting.. https://bitcoin.stackexchange.com/questions/4942/what-is-a-finney-attack
9/14 9:27 pm It could possibly stop a finney attack. It's funny you post that, it's what I'm thinking about righ now
9/14 9:27 pm right*
9/14 9:28 pm It can definitely stop all other double spends, but finney attacks require the client to reject blocks.
9/14 8:52 pm
9/14 8:52 pm
9/14 8:52 pm
9/14 8:56 pm
9/14 8:56 pm
9/14 8:57 pm
9/14 8:58 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
[...]
9/14 9:25 pm
9/14 9:27 pm
9/14 9:27 pm
9/14 9:28 pm
WHOWWWW
this is great !!
now we just need an official statement from Evan to make this Public for real !!!!
Yes, it's real and the solution is really cool
I'll be publishing a paper soon to explain all of the details. This is so exciting, I just decided to do a little dance around the office! This is really great news, thanks for sharing your ahaa! moment with us this morning, I know it just made our day very bright over here in Canada.
hero member
Activity: 617
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September 15, 2014, 09:35:20 AM
Do you guys think silkroad 2 and agora will accept DRK? It would make sense, why they are still waiting?
September 15, 2014, 09:19:40 AM
Evan is William Wallace of Cryptocurrency world.
Lets hope things work out better for Evan than for Wallace eh?
Quote
Following the trial, on 23 August 1305, Wallace was taken from the hall to the Tower of London, then stripped naked and dragged through the city at the heels of a horse to the Elms at Smithfield.[26] He was hanged, drawn and quartered — strangled by hanging, but released while he was still alive, emasculated, eviscerated and his bowels burnt before him, beheaded, then cut into four parts. His preserved head (dipped in tar) was placed on a pike atop London Bridge. It was later joined by the heads of the brothers, John and Simon Fraser. His limbs were displayed, separately, in Newcastle upon Tyne, Berwick-upon-Tweed, Stirling, and Perth.
I was thinking the other aspects. I wish Evan a lot of good health and loooong life in wealth.
September 15, 2014, 09:17:32 AM
Evan is William Wallace of Cryptocurrency world.
Lets hope things work out better for Evan than for Wallace eh?
Quote
Following the trial, on 23 August 1305, Wallace was taken from the hall to the Tower of London, then stripped naked and dragged through the city at the heels of a horse to the Elms at Smithfield.[26] He was hanged, drawn and quartered — strangled by hanging, but released while he was still alive, emasculated, eviscerated and his bowels burnt before him, beheaded, then cut into four parts. His preserved head (dipped in tar) was placed on a pike atop London Bridge. It was later joined by the heads of the brothers, John and Simon Fraser. His limbs were displayed, separately, in Newcastle upon Tyne, Berwick-upon-Tweed, Stirling, and Perth.
Geez....
Apart from that his death was unremarkable in that the regular procedure of cutting off of the testicles and feeding them to a rat whilst the still alive executee looks on was dispensed with on this occasion as it was noted his genitals had been accidentally ripped off during the naked dragging sequence. Witnesses and attendees complained "here...I not got wot I came for....I's told I's ged to see rats eatin his balls and I aint even seen his balls or nuffin..." so all-in-all it barely rated a mention with the locals of the time....
There are many reasons why some Scots hate the English and some of them are extremely valid.
Anyway...Darkcoin! Any bets on how Evan plans to implement instant payment? I wonder whether it will drive up load and/or resource util on the masternode network?
September 15, 2014, 09:16:35 AM
Quote from: IRC
9/14 8:51 pm I just solved one of the largest problems facing Bitcoin. Instant transactions. I know how to do it...
9/14 8:52 pm It'll be compatible with Darksend too. So we'll have anonymous instant transactions.
9/14 8:52 pm Oh and there will be no bloat, that is the problem with POS. I bet we can get a confirmation within 10-20 seconds in most cases.
9/14 8:52 pm It also fixes the finney attack, which is another huge problem for bitcoin
9/14 8:56 pm =) thats some good news
9/14 8:56 pm lemme know when you need testers
9/14 8:57 pm Yeah, I'm obviously pretty excited about it. I just had a eureka moment
9/14 8:58 pm It's simple, elegant, instant and will cost a ton of money to subvert. Perfect
9/14 8:59 pm does that have any technical implication on how transactions are processed and blocks?
9/14 8:59 pm from a pool standpoint
9/14 8:59 pm nope.
9/14 8:59 pm It's not even a hard fork
[...]
9/14 9:25 pm interesting.. https://bitcoin.stackexchange.com/questions/4942/what-is-a-finney-attack
9/14 9:27 pm It could possibly stop a finney attack. It's funny you post that, it's what I'm thinking about righ now
9/14 9:27 pm right*
9/14 9:28 pm It can definitely stop all other double spends, but finney attacks require the client to reject blocks.
9/14 8:52 pm
9/14 8:52 pm
9/14 8:52 pm
9/14 8:56 pm
9/14 8:56 pm
9/14 8:57 pm
9/14 8:58 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
[...]
9/14 9:25 pm
9/14 9:27 pm
9/14 9:27 pm
9/14 9:28 pm
WHOWWWW
this is great !!
now we just need an official statement from Evan to make this Public for real !!!!
Yes, it's real and the solution is really cool
I'll be publishing a paper soon to explain all of the details. Nice post to wake up to! LOL
September 15, 2014, 09:13:40 AM
Evan is William Wallace of Cryptocurrency world.
Lets hope things work out better for Evan than for Wallace eh?
Quote
Following the trial, on 23 August 1305, Wallace was taken from the hall to the Tower of London, then stripped naked and dragged through the city at the heels of a horse to the Elms at Smithfield.[26] He was hanged, drawn and quartered — strangled by hanging, but released while he was still alive, emasculated, eviscerated and his bowels burnt before him, beheaded, then cut into four parts. His preserved head (dipped in tar) was placed on a pike atop London Bridge. It was later joined by the heads of the brothers, John and Simon Fraser. His limbs were displayed, separately, in Newcastle upon Tyne, Berwick-upon-Tweed, Stirling, and Perth.
Geez....
Apart from that his death was unremarkable in that the regular procedure of cutting off of the testicles and feeding them to a rat whilst the still alive executee looks on was dispensed with on this occasion as it was noted his genitals had been accidentally ripped off during the naked dragging sequence. Witnesses and attendees complained "here...I not got wot I came for....I's told I's ged to see rats eatin his balls and I aint even seen his balls or nuffin..." so all-in-all it barely rated a mention with the locals of the time....
September 15, 2014, 09:09:25 AM
Quote from: IRC
9/14 8:51 pm I just solved one of the largest problems facing Bitcoin. Instant transactions. I know how to do it...
9/14 8:52 pm It'll be compatible with Darksend too. So we'll have anonymous instant transactions.
9/14 8:52 pm Oh and there will be no bloat, that is the problem with POS. I bet we can get a confirmation within 10-20 seconds in most cases.
9/14 8:52 pm It also fixes the finney attack, which is another huge problem for bitcoin
9/14 8:56 pm =) thats some good news
9/14 8:56 pm lemme know when you need testers
9/14 8:57 pm Yeah, I'm obviously pretty excited about it. I just had a eureka moment
9/14 8:58 pm It's simple, elegant, instant and will cost a ton of money to subvert. Perfect
9/14 8:59 pm does that have any technical implication on how transactions are processed and blocks?
9/14 8:59 pm from a pool standpoint
9/14 8:59 pm nope.
9/14 8:59 pm It's not even a hard fork
[...]
9/14 9:25 pm interesting.. https://bitcoin.stackexchange.com/questions/4942/what-is-a-finney-attack
9/14 9:27 pm It could possibly stop a finney attack. It's funny you post that, it's what I'm thinking about righ now
9/14 9:27 pm right*
9/14 9:28 pm It can definitely stop all other double spends, but finney attacks require the client to reject blocks.
9/14 8:52 pm
9/14 8:52 pm
9/14 8:52 pm
9/14 8:56 pm
9/14 8:56 pm
9/14 8:57 pm
9/14 8:58 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
[...]
9/14 9:25 pm
9/14 9:27 pm
9/14 9:27 pm
9/14 9:28 pm
WHOWWWW
this is great !!
now we just need an official statement from Evan to make this Public for real !!!!
Yes, it's real and the solution is really cool
I'll be publishing a paper soon to explain all of the details. You've made me a very happy and intrigued chap. Nice work Evan. Roll on RC5 and RC6!
September 15, 2014, 09:08:42 AM
Quote from: IRC
9/14 8:51 pm I just solved one of the largest problems facing Bitcoin. Instant transactions. I know how to do it...
9/14 8:52 pm It'll be compatible with Darksend too. So we'll have anonymous instant transactions.
9/14 8:52 pm Oh and there will be no bloat, that is the problem with POS. I bet we can get a confirmation within 10-20 seconds in most cases.
9/14 8:52 pm It also fixes the finney attack, which is another huge problem for bitcoin
9/14 8:56 pm =) thats some good news
9/14 8:56 pm lemme know when you need testers
9/14 8:57 pm Yeah, I'm obviously pretty excited about it. I just had a eureka moment
9/14 8:58 pm It's simple, elegant, instant and will cost a ton of money to subvert. Perfect
9/14 8:59 pm does that have any technical implication on how transactions are processed and blocks?
9/14 8:59 pm from a pool standpoint
9/14 8:59 pm nope.
9/14 8:59 pm It's not even a hard fork
[...]
9/14 9:25 pm interesting.. https://bitcoin.stackexchange.com/questions/4942/what-is-a-finney-attack
9/14 9:27 pm It could possibly stop a finney attack. It's funny you post that, it's what I'm thinking about righ now
9/14 9:27 pm right*
9/14 9:28 pm It can definitely stop all other double spends, but finney attacks require the client to reject blocks.
9/14 8:52 pm
9/14 8:52 pm
9/14 8:52 pm
9/14 8:56 pm
9/14 8:56 pm
9/14 8:57 pm
9/14 8:58 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
[...]
9/14 9:25 pm
9/14 9:27 pm
9/14 9:27 pm
9/14 9:28 pm
WHOWWWW
this is great !!
now we just need an official statement from Evan to make this Public for real !!!!
Yes, it's real and the solution is really cool
I'll be publishing a paper soon to explain all of the details. Is that something you can value on Dark only? As in, will it be copied by anyone and everyone or only "clones" could implement it?
September 15, 2014, 09:06:44 AM
Quote from: IRC
9/14 8:51 pm I just solved one of the largest problems facing Bitcoin. Instant transactions. I know how to do it...
9/14 8:52 pm It'll be compatible with Darksend too. So we'll have anonymous instant transactions.
9/14 8:52 pm Oh and there will be no bloat, that is the problem with POS. I bet we can get a confirmation within 10-20 seconds in most cases.
9/14 8:52 pm It also fixes the finney attack, which is another huge problem for bitcoin
9/14 8:56 pm =) thats some good news
9/14 8:56 pm lemme know when you need testers
9/14 8:57 pm Yeah, I'm obviously pretty excited about it. I just had a eureka moment
9/14 8:58 pm It's simple, elegant, instant and will cost a ton of money to subvert. Perfect
9/14 8:59 pm does that have any technical implication on how transactions are processed and blocks?
9/14 8:59 pm from a pool standpoint
9/14 8:59 pm nope.
9/14 8:59 pm It's not even a hard fork
[...]
9/14 9:25 pm interesting.. https://bitcoin.stackexchange.com/questions/4942/what-is-a-finney-attack
9/14 9:27 pm It could possibly stop a finney attack. It's funny you post that, it's what I'm thinking about righ now
9/14 9:27 pm right*
9/14 9:28 pm It can definitely stop all other double spends, but finney attacks require the client to reject blocks.
9/14 8:52 pm
9/14 8:52 pm
9/14 8:52 pm
9/14 8:56 pm
9/14 8:56 pm
9/14 8:57 pm
9/14 8:58 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
9/14 8:59 pm
[...]
9/14 9:25 pm
9/14 9:27 pm
9/14 9:27 pm
9/14 9:28 pm
WHOWWWW
this is great !!
now we just need an official statement from Evan to make this Public for real !!!!
Yes, it's real and the solution is really cool
I'll be publishing a paper soon to explain all of the details. Jump to: