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Topic: First they spread fud, but now bitcoin core will copy Vcash code - page 5. (Read 9971 times)

legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
ZeroLedger Chain Synchronisation and Transaction Confirmation's Video:

https://www.youtube.com/watch?v=IS51MXxQMZQ


And now Bitcoin's Blockstream Lightning Network requires Vcash SuperNode technology to function:

https://bitcoinmagazine.com/articles/exploring-the-centralization-risks-of-bitcoin-s-lightning-network-1462460852
full member
Activity: 237
Merit: 100
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
full member
Activity: 237
Merit: 100

The only one iam aware of is Dash, but that requires a higher fee to use, while xvc's is the standard fee and through xvc's ZT txes, coins are respendable faster..

There might be other differences as well, but i have never really looked into Dash, there may be other differences as well..

Yeah I remember Dash demoed a vending machine showcasing the fast transaction. I guess VCash can also try to put it in demo Smiley
Wow first I've heard about it, that's pretty cool. Kudos to Dash. While Vcash doesn't have awesome vending machines anyone can still demo ZT if they wish or watch it here. Like Dash, all that is needed is some coins and a wallet.

  
hero member
Activity: 728
Merit: 500
This surely is something for VCash. With regards to Zero confirmations creating fast transaction, aren't other altcoins having an instant transfer as well.

The only one iam aware of is Dash, but that requires a higher fee to use, while xvc's is the standard fee and through xvc's ZT txes, coins are respendable faster..

There might be other differences as well, but i have never really looked into Dash, there may be other differences as well..

Yeah I remember Dash demoed a vending machine showcasing the fast transaction. I guess VCash can also try to put it in demo Smiley
hero member
Activity: 566
Merit: 500
This surely is something for VCash. With regards to Zero confirmations creating fast transaction, aren't other altcoins having an instant transfer as well.

The only one iam aware of is Dash, but that requires a higher fee to use, while xvc's is the standard fee and through xvc's ZT txes, coins are respendable faster..

There might be other differences as well, but i have never really looked into Dash to be honest.
sr. member
Activity: 434
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
This surely is something for VCash. With regards to Zero confirmations creating fast transaction, aren't other altcoins having an instant transfer as well.
hero member
Activity: 566
Merit: 500
Here's a vid of Zeroledger Chain synchronisation:


https://www.youtube.com/watch?v=adOv34vbl2w
full member
Activity: 237
Merit: 100
Speaking of Vcash code here's the Adaptive Block Size Algorithm video: https://www.youtube.com/watch?v=KxzxbNAvUZY
enjoy  Smiley

hero member
Activity: 654
Merit: 500
legendary
Activity: 1456
Merit: 1000
The Monero coin already has the block size adaption. In fact, all the cryptnote coins have that feature. It is good for the bitcoin to adopt that.

pic


Monero team are bully, they cant code so they try to stay relevant by fudding other crypto project.   
hero member
Activity: 882
Merit: 500
MiG Messenger - earn while chatting

Not here to shit on Vcash or john-connor.  I have no strong opinion on the coin and the man is clearly a very talented programmer.  I just had to point out the absurdity of the statement "The ZeroLedger technology is alone worth a billion IMHO".

BTC and Vcash are competing digital currencies, not competing consumer goods.  Currency and consumer goods do not derive their values from the same sources.  A crypto-currency derives its value mainly from adoption, but john-connor speaks of ZeroLedger as if he is the Samsumg CEO speculating on the worth of their latest advancements in bendable touchscreens.

BTC is light-years ahead of everything else when it comes to current adoption, and this fact is further compounded by the effect of adoption begetting adoption.  I can hear fanboys screaming, "technological advancements will drive adoption!".  If you believe this, you live in a fantasy land that exists only in your dreams.  In the real world, the majority of the population has absolutely zero interest in buying, owning, using, accepting, or investing in crypto-currency and never will.  They want to swipe their Visa card and go about their day.  They aren't sitting on the sidelines because BTC isn't fast enough or truly anonymous.  john-connor goes on to state that zero confirmation will make crypto-currencies useful "in real time situations", which is utterly irrelevant because I have yet to see a compelling use case or demand of any significance for crypto-currency "in real time situations".

Visa, Mastercard, Paypal, and the legacy banking system are not frightened of BTC and blockchain technology.  They will be watching the world of crypto-currencies and continually stealing the good parts from it to improve efficiency, lower costs, and improve their service.  In the same way, BTC is not scared of altcoins.  BTC will continually take advances pioneered by altcoins for itself, as this very thread vividly illustrates.

There are other use cases for blockchain technology besides as currency, and it remains to be seen whether currency is the so-called "killer app" of blockchain technology, but trying to compete with BTC when it comes to use as a currency is a fool's errand.  BTC has already won, deal with it.
legendary
Activity: 2184
Merit: 1028
#mitandopelomundo
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
Wasn't the Bitpay solution the one where there's no negative incentive for continuously inflating the block size over time?  I haven't really spent any time examining any of the adaptive block size proposals, but it's obviously not as simple as just coding up something that sounds logical if you're unable to identify all the various game theory and attack vectors involved.
I've never seen a proposal other than mine that had working code. Fixed block sizes "by design" are attack vectors. You cannot keep growing the block size, this does not work as it is nothing more than a "fixed variable" since it only grows. If transaction's grind to a halt you end up with 100 MB blocks that could be targeted. I've solved the problem in a deterministic way that does not break consensus rules and XVC is moving forward with it so we never have to think about it again.  Shocked

Your work is great as always John. But there is a fine line between confident and cocky. I am glad you walk it though.

I believe Ghandi said it best:

First they ignore you,
then they laugh at you,
then they fight you,
then you win.


Dude, I'm not getting involved in the argument, but that Ghandi quotation only works when you apply it to civil disobedience, when you apply it to fights you not only started, but have continually maintained, and are more about market share than fighting an oppressive regime that is attempting to hold you down, it becomes a little absurd. If you had to fight to buy vanilla cash and that was an act that was actively attacked by some authority, then that quotation would be apt.
hero member
Activity: 509
Merit: 500
Wasn't the Bitpay solution the one where there's no negative incentive for continuously inflating the block size over time?  I haven't really spent any time examining any of the adaptive block size proposals, but it's obviously not as simple as just coding up something that sounds logical if you're unable to identify all the various game theory and attack vectors involved.
I've never seen a proposal other than mine that had working code. Fixed block sizes "by design" are attack vectors. You cannot keep growing the block size, this does not work as it is nothing more than a "fixed variable" since it only grows. If transaction's grind to a halt you end up with 100 MB blocks that could be targeted. I've solved the problem in a deterministic way that does not break consensus rules and XVC is moving forward with it so we never have to think about it again.  Shocked

Bravo!
legendary
Activity: 1848
Merit: 1018
Wasn't the Bitpay solution the one where there's no negative incentive for continuously inflating the block size over time?  I haven't really spent any time examining any of the adaptive block size proposals, but it's obviously not as simple as just coding up something that sounds logical if you're unable to identify all the various game theory and attack vectors involved.
I've never seen a proposal other than mine that had working code. Fixed block sizes "by design" are attack vectors. You cannot keep growing the block size, this does not work as it is nothing more than a "fixed variable" since it only grows. If transaction's grind to a halt you end up with 100 MB blocks that could be targeted. I've solved the problem in a deterministic way that does not break consensus rules and XVC is moving forward with it so we never have to think about it again.  Shocked

Your work is great as always John. But there is a fine line between confident and cocky. I am glad you walk it though.

I believe Ghandi said it best:

First they ignore you,
then they laugh at you,
then they fight you,
then you win.
legendary
Activity: 1045
Merit: 1000



Wasn't the Bitpay solution the one where there's no negative incentive for continuously inflating the block size over time?  I haven't really spent any time examining any of the adaptive block size proposals, but it's obviously not as simple as just coding up something that sounds logical if you're unable to identify all the various game theory and attack vectors involved.
I've never seen a proposal other than mine that had working code. Fixed block sizes "by design" are attack vectors. You cannot keep growing the block size, this does not work as it is nothing more than a "fixed variable" since it only grows. If transaction's grind to a halt you end up with 100 MB blocks that could be targeted. I've solved the problem in a deterministic way that does not break consensus rules and XVC is moving forward with it so we never have to think about it again.  Shocked
sr. member
Activity: 596
Merit: 251
Wasn't the Bitpay solution the one where there's no negative incentive for continuously inflating the block size over time?  I haven't really spent any time examining any of the adaptive block size proposals, but it's obviously not as simple as just coding up something that sounds logical if you're unable to identify all the various game theory and attack vectors involved.
I've never seen a proposal other than mine that had working code. Fixed block sizes "by design" are attack vectors. You cannot keep growing the block size, this does not work as it is nothing more than a "fixed variable" since it only grows. If transaction's grind to a halt you end up with 100 MB blocks that could be targeted. I've solved the problem in a deterministic way that does not break consensus rules and XVC is moving forward with it so we never have to think about it again.  Shocked
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
Well definitely a character.
The product is nice too.
sr. member
Activity: 416
Merit: 250
Wasn't the Bitpay solution the one where there's no negative incentive for continuously inflating the block size over time?  I haven't really spent any time examining any of the adaptive block size proposals, but it's obviously not as simple as just coding up something that sounds logical if you're unable to identify all the various game theory and attack vectors involved.


John seems to love testing the waters on new developments, while being skilled enough to quickly implement them, and also quick enough to keep an eye on any changes needed to keep the working or to remove them if problems arise. we will see if his work pays off in the future.
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