[ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine - page 69.

teknohog

sr. member

Activity: 520

Merit: 253

555

Quote from: bybitcoin on September 18, 2014, 01:31:26 PM

Anonymity is a double edged sword: it may become a saver for people in some jurisdictions, but a stopping obstacle in other jurisdictions (big businesses dealing with legal enforcements).
I also prefer it to be optional.

IMHO, anonymity is like computer security in general, meaning there is no easy solution in the form of a single package. With the way most people trust the computers they don't really own and put their data on The Cloud™, it doesn't help if one of their applications does decent privacy. For example, people who use a closed-source miner with a supposedly anonymous coin take facepalming to a whole new level.

Conversely, good old Bitcoin is fine for anonymous purposes if you know what you're doing. For most people, extra anonymity is just a buzzword, something to distinguish the altcoin of the day from the coin polloi.

Besides, the success of Bitcoin is largely due to convenience -- no contracts/fees with third parties to worry about. Yet it is still not quite mainstream. Anonymity doesn't sell quite in the same way as convenience.

darkota

hero member

Activity: 770

Merit: 500

Quote from: unknownknown on September 16, 2014, 02:21:42 PM

Quote from: Jungian on September 16, 2014, 04:46:25 AM

Anoncoin is just about to release ZC. Less then a month til it's on testnet. Howoever, the proofs are HUGE so the bloat is big. Would be nice if it could be on a minichain.

Although the quality of anc's zerocoin remains to be seen, I agree strongly with the suggestion that coins need to start moving in the direction of consolidating and working to make longer term projects. With dozens of new coins arriving every day the only ones that will last are the ones that can eat other coins, or work with them.

The ideal coin right now in my opinion a mix of xcn with an anonymous coin like anc and a human mined coin like huc.

The first coin to be truly human mined will jump ahead of all other coins quickly. HUC is the closest to that.
Anonymity is extremely important to some people in some places but for a coin to succeed long term the anonymity must be optional. Most people will reject mandatory anonymity.

Human mining coin is a fail. The average person doesnt have time to waste literally, mining some coin instead of just buying a gpu/cpu and having that mine instead....

Anonymity is very important. I wish it got added to this coin.

bitfreak!

legendary

Activity: 1536

Merit: 1000

electronic [r]evolution

Quote from: e6ug on September 18, 2014, 01:45:27 PM

Quote from: SRBOOTH on September 15, 2014, 01:22:04 PM

Having problems with wallet crashing, I have done the qt and dll updates, deleted conf file all except wallet dat. Am I missing something?

i am also having problems. did you get this fixed?

It may not work on some Windows machines, not sure why. If you already managed to start it once before then your blockchain or your wallet might be corrupt. Try running -resync or delete the data folder and start fresh. Always make sure to backup your wallet.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: beitris.dwlul on September 17, 2014, 10:12:09 AM

I guess something's not right. Blocks are being generated much too fast.

The speed of the network is increasing faster than the difficulty can adjust! Cool

e6ug

hero member

Activity: 773

Merit: 508

Bitcore (BTX) - The Future is Now

Quote from: SRBOOTH on September 15, 2014, 01:22:04 PM

Having problems with wallet crashing, I have done the qt and dll updates, deleted conf file all except wallet dat. Am I missing something?

i am also having problems. did you get this fixed?

bybitcoin

hero member

Activity: 672

Merit: 500

Anonymity is a double edged sword: it may become a saver for people in some jurisdictions, but a stopping obstacle in other jurisdictions (big businesses dealing with legal enforcements).
I also prefer it to be optional.

e6ug

hero member

Activity: 773

Merit: 508

Bitcore (BTX) - The Future is Now

wallet started crashing and now wont work at all. error message says exe has stopped working Huh

myagui

legendary

Activity: 1154

Merit: 1001

Quote from: beitris.dwlul on September 17, 2014, 10:12:09 AM

I guess something's not right. Blocks are being generated much too fast.

Doesn't look like there is any abnormal block generation speed for the last 24 hours. A few blocks in short succession are not particularly odd, and more so when we consider that 1GH is concentrating most of the nethash. Variance is most pronounced in the current scenario.

~ Myagui

beitris.dwlul

member

Activity: 84

Merit: 10

I guess something's not right. Blocks are being generated much too fast.

unknownknown

newbie

Activity: 11

Merit: 0

Quote from: Jungian on September 16, 2014, 04:46:25 AM

Anoncoin is just about to release ZC. Less then a month til it's on testnet. Howoever, the proofs are HUGE so the bloat is big. Would be nice if it could be on a minichain.

Although the quality of anc's zerocoin remains to be seen, I agree strongly with the suggestion that coins need to start moving in the direction of consolidating and working to make longer term projects. With dozens of new coins arriving every day the only ones that will last are the ones that can eat other coins, or work with them.

The ideal coin right now in my opinion a mix of xcn with an anonymous coin like anc and a human mined coin like huc.

The first coin to be truly human mined will jump ahead of all other coins quickly. HUC is the closest to that.
Anonymity is extremely important to some people in some places but for a coin to succeed long term the anonymity must be optional. Most people will reject mandatory anonymity.

myagui

legendary

Activity: 1154

Merit: 1001

Interesting that XCN trading on BTER is so distant from that on Poloniex. BTER actually shows some buying is happening now and then, while Poloniex looks like a systemic dumpfest. Dunno what to make of it though... There's clearly an opportunity for someone with funds in both exchanges (buy @ polo, sell @ bter). Wink

~ Myagui

Jungian

legendary

Activity: 930

Merit: 1010

Quote from: iCEBREAKER on September 15, 2014, 05:47:12 PM

Quote from: unknownknown on September 15, 2014, 02:29:44 PM

Quote from: mikenz on September 15, 2014, 06:13:27 AM

XCN has a more innovative tech than 99% of the copycoins out there. But it provides no anon yet which is a must have standard feature nowadays. While I agree that this coin really doesnt need to focus on a fancy superspecial anon solution like all the other coins, wouldnt it be possible to implement a simple mixer solution from an existing anoncoin without the need for a complete new rollout/blockchain? Guess the community would be more than happy to crowdfund a further dev for this, as we saw the impact on price when there were merely talks about a possible XCN cooperation with BTCD/Supernetwork.

I am a strong supporter of optional anonymity because that feature will be important in many countries if altcoins are going to have political power, but looking at the work of bitfreak and any others working with him/her it looks like they are ahead of the curve enough that a feature like that will not arrive too late.

Also as you say it might be that some person can add an open source tweak, like a mixer and/or a utility that routes the connection through a tor like service.

The bad news is you need ring signatures for real anonymity at the moment.

The good news is many people are working on better forms of obfuscation for Bitcoin, so whatever they come up with can be glommed on to XCN, and probably with improvements thanks to XCN's advanced features.

Coinjoin is a start, with XC, DarkCoin, and ZeroCoin actively trying to improve upon it. 'DarkNite' has a nice ring to it! Cool

Anoncoin is just about to release ZC. Less then a month til it's on testnet. Howoever, the proofs are HUGE so the bloat is big. Would be nice if it could be on a minichain.

Quote from: ocminer on September 16, 2014, 02:22:55 AM

Hey folks,

is there a working AMD GPU Miner without 1gh restriction ?

I'm currently testing a stratum implementation and would need some spare hashes.. anynone interested ?

No, at the moment it's only 1gh for AMD

albert3

newbie

Activity: 28

Merit: 0

Quote from: iCEBREAKER

DarkNite' has a nice ring to it!

Ohh snap! we are transforming to Batman , now we are going to take over Gotham City Grin

ocminer

legendary

Activity: 2716

Merit: 1240

Hey folks,

is there a working AMD GPU Miner without 1gh restriction ?

I'm currently testing a stratum implementation and would need some spare hashes.. anynone interested ?

polanskiman

full member

Activity: 266

Merit: 100

Quote from: bitfreak! on September 15, 2014, 11:52:37 PM

polanskiman: I believe Jungian was being sarcastic. Personally I don't see much issue with having an AMD miner available, especially when it's so much slower than the nVidia miners. I personally don't own any nVidia cards, but I buy all my XCN anyway.

If it was sarcastic, I really didn't see it. If it wasn't my comment still stands as what is being said is total non sense Wink

bitfreak!

legendary

Activity: 1536

Merit: 1000

electronic [r]evolution

polanskiman: I believe Jungian was being sarcastic. Personally I don't see much issue with having an AMD miner available, especially when it's so much slower than the nVidia miners. I personally don't own any nVidia cards, but I buy all my XCN anyway.

polanskiman

full member

Activity: 266

Merit: 100

Quote from: Jungian on September 15, 2014, 09:48:02 AM

Quote from: tc61 on September 15, 2014, 07:35:40 AM

Should have kept it a Nvidia based coin, now that the China AMD farms have it it will tank.

But yeah, like how the chinese killed Bitcoin, Litecoin and Darkcoin with their miners and stuff. They are really out to get that 0.1BTC profit.

The coin was so huge and then the chinese came and killed it. Even letting nvidia miners was too much, we should only have allowed a specific card with special drivers to mine it and also have every single miner fill in an application before they are allowed that driver. That's how you really make it successful! Close access to everyone expect a chosen few.

3rd most stupid comment I've read so far.

unknownknown

newbie

Activity: 11

Merit: 0

Quote from: iCEBREAKER on September 15, 2014, 05:47:12 PM

The bad news is you need ring signatures for real anonymity at the moment.

The good news is many people are working on better forms of obfuscation for Bitcoin, so whatever they come up with can be glommed on to XCN, and probably with improvements thanks to XCN's advanced features.

Coinjoin is a start, with XC, DarkCoin, and ZeroCoin actively trying to improve upon it. 'DarkNite' has a nice ring to it! Cool

People sense that many governments / politicians are going to fight the new economy, and people think this or that kind of anonymity will be useful http://abcnews.go.com/Business/story?id=7168919 but who knows.

Ultimately it will be like every abrupt change in society, the smart vs the rich, or the stupid vs the poor.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: unknownknown on September 15, 2014, 02:29:44 PM

Quote from: mikenz on September 15, 2014, 06:13:27 AM

XCN has a more innovative tech than 99% of the copycoins out there. But it provides no anon yet which is a must have standard feature nowadays. While I agree that this coin really doesnt need to focus on a fancy superspecial anon solution like all the other coins, wouldnt it be possible to implement a simple mixer solution from an existing anoncoin without the need for a complete new rollout/blockchain? Guess the community would be more than happy to crowdfund a further dev for this, as we saw the impact on price when there were merely talks about a possible XCN cooperation with BTCD/Supernetwork.

I am a strong supporter of optional anonymity because that feature will be important in many countries if altcoins are going to have political power, but looking at the work of bitfreak and any others working with him/her it looks like they are ahead of the curve enough that a feature like that will not arrive too late.

Also as you say it might be that some person can add an open source tweak, like a mixer and/or a utility that routes the connection through a tor like service.

The bad news is you need ring signatures for real anonymity at the moment.

The good news is many people are working on better forms of obfuscation for Bitcoin, so whatever they come up with can be glommed on to XCN, and probably with improvements thanks to XCN's advanced features.

Coinjoin is a start, with XC, DarkCoin, and ZeroCoin actively trying to improve upon it. 'DarkNite' has a nice ring to it! Cool

unknownknown

newbie

Activity: 11

Merit: 0

Quote from: mikenz on September 15, 2014, 06:13:27 AM

XCN has a more innovative tech than 99% of the copycoins out there. But it provides no anon yet which is a must have standard feature nowadays. While I agree that this coin really doesnt need to focus on a fancy superspecial anon solution like all the other coins, wouldnt it be possible to implement a simple mixer solution from an existing anoncoin without the need for a complete new rollout/blockchain? Guess the community would be more than happy to crowdfund a further dev for this, as we saw the impact on price when there were merely talks about a possible XCN cooperation with BTCD/Supernetwork.

I am a strong supporter of optional anonymity because that feature will be important in many countries if altcoins are going to have political power, but looking at the work of bitfreak and any others working with him/her it looks like they are ahead of the curve enough that a feature like that will not arrive too late.

Also as you say it might be that some person can add an open source tweak, like a mixer and/or a utility that routes the connection through a tor like service.

Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine - page 69. (Read 578565 times)