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Topic: ArenaCoin [ARN] --ZeroCoin implementation-- ---500% annual interest--- - page 2. (Read 6426 times)

legendary
Activity: 1404
Merit: 1001
full member
Activity: 140
Merit: 100
500% POS ?  Huh why ?
sr. member
Activity: 378
Merit: 250
so the price for 1 arn is at 100sat right now?
legendary
Activity: 1232
Merit: 1001
To be honest I've never been convinced by ZeroCoin.

The whole system seems quite academic to me: it got someone a paper published, but beyond that it's pretty useless... The scalability issues, plus the requirement for a trusted entity to conduct a one-time setup of the parameters of the system and they "throw away the keys".  These kind of security assumptions are laughable.

What are you doing to address these so that you actually have a viable system?

As stated before , the proofs could be stored outside the block chain for  scalability issue , and concerning the assumptions about security issues this could be easily verified as the code is open source



"could" by some magic?  Do you have a solution or not?

The assumptions cannot be verified in the code as they require you to know a secret on which all anonymity is built.  This is the flaw.  You could not possibly include it in the source code.  It must be kept secret.  The fact that you must know the secret (or never look at throw it away) really unravels the whole ZeroCoin idea, since we all must trust in you, which is not decentralised nor trustless.
newbie
Activity: 5
Merit: 0
To be honest I've never been convinced by ZeroCoin.

The whole system seems quite academic to me: it got someone a paper published, but beyond that it's pretty useless... The scalability issues, plus the requirement for a trusted entity to conduct a one-time setup of the parameters of the system and they "throw away the keys".  These kind of security assumptions are laughable.

What are you doing to address these so that you actually have a viable system?

As stated before , the proofs could be stored outside the block chain for  scalability issue , and concerning the assumptions about security issues this could be easily verified as the code is open source

legendary
Activity: 1232
Merit: 1001
To be honest I've never been convinced by ZeroCoin.

The whole system seems quite academic to me: it got someone a paper published, but beyond that it's pretty useless... The scalability issues, plus the requirement for a trusted entity to conduct a one-time setup of the parameters of the system and they "throw away the keys".  These kind of security assumptions are laughable.

What are you doing to address these so that you actually have a viable system?
legendary
Activity: 1404
Merit: 1001

Where are you from?
Where is the dev from?

You know where is this going. Smiley

Oh, also. What is this?
Quote
Signature:
H7SzcahSaQzW2bOm8pvbETXSgV5pI90leLtdn/yODKarqgaSrgnmK2s2esA6Exsl2wtNj6phzFhZMtIXrHgEnFg=
The signature can be use at https://brainwallet.github.io/#verify to verify the content of the escrow agreement. My info is in my signature and I'm doing it to help out WSX per my original post here:

https://bitcointalksearch.org/topic/m.9279324
hero member
Activity: 742
Merit: 500
I'm dying.
Here's the Escrow Agreement for the ArenaCoin ICO.

The official Escrow address is: 1JZ3z1XjzTECCseUCdP9aUet6KqoP8EbS1

100 % of the supply of 1M ARC is available for the Initial Coin Offer and the price will be determined at the end of the ICO based on total investments.

Initial coin offer will be closed Tuesday 11 / 11 / 2014, the coin will be distributed to all investors the same day.

The held BTC investment will only be released to the developer, "ArenaCoin" after the ArenaCoin has been distributed, and there's an overall stability of the wallets, and blockchain and a working block explorer.

If any issues arise with the distribution I will provide mediation and release the Bitcoin to the party with the most compelling evidence.

I'm excited to work with each of you!

** Please do not send BTC from a shared wallet, if there's an issue with the distribution it will be harder to process refunds

Thanks!
Brian Nguyen


Signature:
H7SzcahSaQzW2bOm8pvbETXSgV5pI90leLtdn/yODKarqgaSrgnmK2s2esA6Exsl2wtNj6phzFhZMtIXrHgEnFg=
Have you done any escrows earlier?
Your message looks like a copy from devthedev.
Especially this part:

Quote
If any issues arise with the distribution I will provide mediation and release the Bitcoin to the party with the most compelling evidence.

Yes, the message inspired by DevtheDev and this is my first one and 100% of escrow fee will be used to buy back WSX for charity.
Where are you from?
Where is the dev from?

You know where is this going. Smiley

Oh, also. What is this?
Quote
Signature:
H7SzcahSaQzW2bOm8pvbETXSgV5pI90leLtdn/yODKarqgaSrgnmK2s2esA6Exsl2wtNj6phzFhZMtIXrHgEnFg=
legendary
Activity: 1404
Merit: 1001
Here's the Escrow Agreement for the ArenaCoin ICO.

The official Escrow address is: 1JZ3z1XjzTECCseUCdP9aUet6KqoP8EbS1

100 % of the supply of 1M ARC is available for the Initial Coin Offer and the price will be determined at the end of the ICO based on total investments.

Initial coin offer will be closed Tuesday 11 / 11 / 2014, the coin will be distributed to all investors the same day.

The held BTC investment will only be released to the developer, "ArenaCoin" after the ArenaCoin has been distributed, and there's an overall stability of the wallets, and blockchain and a working block explorer.

If any issues arise with the distribution I will provide mediation and release the Bitcoin to the party with the most compelling evidence.

I'm excited to work with each of you!

** Please do not send BTC from a shared wallet, if there's an issue with the distribution it will be harder to process refunds

Thanks!
Brian Nguyen


Signature:
H7SzcahSaQzW2bOm8pvbETXSgV5pI90leLtdn/yODKarqgaSrgnmK2s2esA6Exsl2wtNj6phzFhZMtIXrHgEnFg=
Have you done any escrows earlier?
Your message looks like a copy from devthedev.
Especially this part:

Quote
If any issues arise with the distribution I will provide mediation and release the Bitcoin to the party with the most compelling evidence.

Yes, the message inspired by DevtheDev and this is my first one and 100% of escrow fee will be used to buy back WSX for charity.
hero member
Activity: 742
Merit: 500
I'm dying.
Here's the Escrow Agreement for the ArenaCoin ICO.

The official Escrow address is: 1JZ3z1XjzTECCseUCdP9aUet6KqoP8EbS1

100 % of the supply of 1M ARC is available for the Initial Coin Offer and the price will be determined at the end of the ICO based on total investments.

Initial coin offer will be closed Tuesday 11 / 11 / 2014, the coin will be distributed to all investors the same day.

The held BTC investment will only be released to the developer, "ArenaCoin" after the ArenaCoin has been distributed, and there's an overall stability of the wallets, and blockchain and a working block explorer.

If any issues arise with the distribution I will provide mediation and release the Bitcoin to the party with the most compelling evidence.

I'm excited to work with each of you!

** Please do not send BTC from a shared wallet, if there's an issue with the distribution it will be harder to process refunds

Thanks!
Brian Nguyen


Signature:
H7SzcahSaQzW2bOm8pvbETXSgV5pI90leLtdn/yODKarqgaSrgnmK2s2esA6Exsl2wtNj6phzFhZMtIXrHgEnFg=
Have you done any escrows earlier?
Your message looks like a copy from devthedev.
Especially this part:

Quote
If any issues arise with the distribution I will provide mediation and release the Bitcoin to the party with the most compelling evidence.
legendary
Activity: 1404
Merit: 1001
Here's the Escrow Agreement for the ArenaCoin ICO.

The official Escrow address is: 1JZ3z1XjzTECCseUCdP9aUet6KqoP8EbS1

100 % of the supply of 1M ARC is available for the Initial Coin Offer and the price will be determined at the end of the ICO based on total investments.

Initial coin offer will be closed Tuesday 11 / 11 / 2014, the coin will be distributed to all investors the same day.

The held BTC investment will only be released to the developer, "ArenaCoin" after the ArenaCoin has been distributed, and there's an overall stability of the wallets, and blockchain and a working block explorer.

If any issues arise with the distribution I will provide mediation and release the Bitcoin to the party with the most compelling evidence.

I'm excited to work with each of you!

** Please do not send BTC from a shared wallet, if there's an issue with the distribution it will be harder to process refunds

Thanks!
Brian Nguyen


Signature:
H7SzcahSaQzW2bOm8pvbETXSgV5pI90leLtdn/yODKarqgaSrgnmK2s2esA6Exsl2wtNj6phzFhZMtIXrHgEnFg=
legendary
Activity: 1612
Merit: 1001
which exchange website will issue the token /coin?
sq
sr. member
Activity: 294
Merit: 250
coin has been validated. You can add countdown link to your OP.

Best
newbie
Activity: 5
Merit: 0
All posts with nonsense Will be deleted , and remmember caps and big font Will not make you right Smiley
sr. member
Activity: 364
Merit: 250
Too much interest....makes me not interested.
legendary
Activity: 1484
Merit: 1000
ICO? Hope you put ico price at 100 satoshi and grow from there if you are not here to make money for yourself Tongue
member
Activity: 203
Merit: 11
“Knowing yourself is the beginning of all wisdom.”
Yeap.. fight for some " ZeroCoins" -
Arena? Time to fight? Smiley

Oh, look, it says "ZeroCoin"!

hero member
Activity: 742
Merit: 500
I'm dying.
Arena? Time to fight? Smiley

Oh, look, it says "ZeroCoin"!
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