Topic: BTCD is no more - page 408. (Read 1328490 times)

Philosophy? If my ramblings arent philosophy, not sure what is
BTCD will teleport any other coin, including cryptonotes. Just need to add support for it.

Other coins are of course free to try to keep up with me and my merry band of coders. but if they are just copying, then BTCD gets all the great features first and then all the copycats confirm BTCD had the solution first, so then the market would just gravitate to BTCD

I am open tent and I want BTCD to enhance all other crypto, anon crypto, but primarily BTC. BTCD is only coin to enable BTC itself to go dark!

Really, all the techno battles/squabbles are very silly in a non-zerosum exponentially growing market. BTCD will be teleporting BTC itself. And this allows corporations to actually think about using crypto for their finances. As leader in anon tech and crypto tech in general BTCD will be the one to pave the road for corporate acceptance of crypto.

I will be offering other coins chance to join BTCD bandwagon to "plug in" to its network via technical hooks. This provides benefits for InstantDEX to get larger audience. so, coins that cooperate with BTCD will benefit, coins that compete ....

Well lets say I am fierce competitor so they will have to deal with me if they try competing against BTCD instead of cooperating. probably not such a good idea to make me angry.

We are not zerosum market in crypto, not for a while, so why compete when cooperating makes for bigger gains for everyone?

James

I dont do that sort of thing. Maybe you can ask them to add it?
Blockexplorer will become quite confusing once teleporting starts though

Yep, you're right, i agree...... and I have orders waiting to fill.  Still wish I'd bought more earlier though lol.  

I make no promises about BTCD price, but let me tell you my experience with DRK

I discovered it early, first week it was on polo (and only polo)
scooped up 1%+ of it for cheap
it did ok, but nothing spectacular for a while, then boom! up 10x
so, I started selling cuz 10x is good gain and as DRK kept going up, I kept selling. Now I did make 200+ BTC on <10 BTC I paid, but had I just kept buying more as it went up (to a point of course), I could have made thousands of BTC!


After it went up 10x, it went up another 10x!
My issue with DRK was that it was closed source and even the basic premise of masternode mixing wasnt sounding so strong an algo, so my strategy was not so bad, I just should have waited until a bit more than 10x gain to switch to selling

Now with BTCD, I am very open about progress, roadblocks, mistakes, etc. source code is https://github.com/jl777/pNXT
people have compiled and run it, I am explaining it so not so mystery.

BTCD has gone up 10x, but from silly low price. So the question is not how far has BTCD gone up already, this is meaningless unless you have time machine to go back to get more

The question is if BTCD belongs in place 27 on coinmarketcap or place 17 or even place 7

This question you must answer for yourself and based on this answer, look at the current market cap of <$2 million and this gives you the future price you are expecting. Discount a bit as always uncertain in this sort of thing and only buy as much BTCD as you can HODL without worrying about crazy roller coaster price games that will arrive here soon.

Many people without time machine, will try to turn you into WH by doing crazy things to the price. That way they will try to get price from the past. I alert this thread when I see such attempts to manipulations. I hope this helps.

I want escalator price increase, no roller coaster. Nobody will be surprised when I deliver and by constant info, the price is reflecting of all the relevant factors discounted by odds of not completion in time, or problems with implementation. This is fine. So people that believe in me and trust that I will come through, they make the most money. People waiting until no tech risk, they make much less.

James

It's far from too late.  This is like people complaining they wished they had bought Bitcoin at $0.50 when it was at $1.50.  BTCD should hit $10 without any issue and if the mainstream Bitcoin users start making use of the BTC->BTCD->anon FIAT route it will see $20-$50.  Or more.  And there are a plethora of other related services too which will add value. 

Don't be concerned that you didn't get in at < $0.50.  Just buy a shit ton now before it gets too much higher!

people will say it even when the price will be 10x higher than today... it will take some time, but the 10-20x increas is quite obvious. But who cares about the price, this is more about the financial freedom

It's funny how many times I've heard someone say that in the last couple days, me included  

 hi james,

would it be possible to get a block explorer @ http://chainz.cryptoid.info/ ?
they are pretty awesome with richlist etc

a simple question - can be teleport added to the CryptoNote tech? they are looking for some upgrades.. I am still missing a lot of the culture here. We have a tech, but not much of a general philosophy presented yet

 Great things happening here! Wish I had bought more BTCD!

I am glad I decided to put in multisig before I had fully debugged the initial version without multisig. It is making changes pretty much everywhere. Finally got just the idea that it will be multisig propagated, so now I can actually code the multisig teleport. I have it now so that when you specify that you are teleporting funds via API, you can specify the M and N values. So each tx can have different M and N values. If both are 1, then it is normal teleport without multisig.

It will be like hall of mirrors. Which is the real one? Actually none of them are the real one! But if you get enough images then you can magically create the real telepod from it. galois field math is really cool stuff!

Before I wasnt too worried about an attacker being able to figure out much, due to privacyServers and third onion layer. However, if privacyServer (eg. ISP) is compromised and enough of them, then maybe some small amounts of traffic flow will be able to be determined. Combine this with statistical cloning timing analysis and a determined attacker (who is monitoring all UDP traffic to all the privacyServers somehow) could maybe start to get some sort of correlations over time.

So, even before it was certainly strong enough for personal and even corporate use, but maybe not for some super sensitive stuff. Now, I am feeling some sorry for whoever has to figure out how to make correlations. I try to, but with randomized cloning times, random retransmit of M of N telepod "images", not to mention that each packet is encrypted, onioned, well a careful user should not have to worry so much and I believe corporations could finally consider using BTC via teleport and since the fee is small 0.1%, not much barrier for usage. Maybe for super large tx, there could even be a cap, but we cross that issue when it becomes an issue.

My feeling is that short of physical surveillance of you, the attacker will be hard pressed to get much more than, "he has BTCD wallet so he must be teleporting" type of useless correlations. As the usage goes up, even this starts to lose any meaning even to people that try to put meaning on very small confidence levels

Another use for M of N when N is so large (254) is stuff like virtual corporations where people can vote and so you an make decentralized autonomous organizations. A bunch of people in NXT are into stuff like that. All that type of thing is for next year though. Still gotta finish off my todo list

James

even aliens have to buy their BTCD now
mining seems to be killing XMR and BBR pricing and investor confidence
So nice to not have to deal with botnets and such stuff
just aliens. what to do, what to do
I know I will get a cat

James

Must be an inside job! 

Wait. This coin is not controlled by aliens? Time for everyone to dump.

I am curious why they not here yet, maybe:

The size of the massive 20000 BTCD premine worth <3 BTC for first couple weeks?
The 40000 lines of code I wrote is not really there at https://github.com/jl777?
I am incompetent dev not knowing what he speaks of?
Oh, maybe onion routing via privacyServers is not as good as Tor?
What about the lack of academic review of Teleport, they can have that for another couple weeks.

Ah, the 3 petahash record non-BTC mining was all done by aliens from a different planet and thus BTCD is controlled by jon big booty? Gotta figure out how to teleport all the space aliens back to their planet!

James

+100000 look at the KEY topic, full of shit talking

I have updated the darkpaper, its in same location.
Now that the doc (text) is done, I will be able to concentrate 100% on coding it.
So, I hand off the darkpaper to the graphics and web people's to make it have nice illustrations

Just send me a proposed release before publishing.

James

i send icecoldtommy a pm.

Why thank you Springfield!  When a near 50% price increase, in a matter of days, takes a back to seat to the level of tech being pushed, you know something must be going right    It's all happening folks...... and dare I say we're still on the launchpad, yet to truly take off..... I think so

yes that is a bump again now we can start for the jumping ride.