Topic: Give me a logical reason why Vanilla coin is not a top ten coin? - page 3. (Read 4356 times)

Actually both of you are wrong on this.
If TPTB_need_war thinks that there is a bug, he should be able to demonstrate that. If john-connor believes that's not true, he should give a detailed technical explanation about why TPTB_need_war is wrong. ...and so on.

These "There's a bug you scammer!" "No, I don't think so. Mkay?" style discussions doesn't make too much sense.

They should at least show how they achieve Byzantine fault tolerance, so that people can evaluate. All we have for now are some general statements about using Virtual synchrony, but those methods are known to not be Byzantine fault tolerant.

What appears to be the case here is some guy with some P2P programming experience decided he knows something about areas outside his area of knowledge, but so far hasn't shown sufficient documentation of his expertise in the form of a detailed and well developed white paper. The cart shouldn't come before the horse, unless it is tolerated by n00bs and fanboiz.

I (as AnonyMint) actually showed that Evan (duf) was likely doing a scam or at least that his technology wasn't sound, but I didn't make my criticism overt. I didn't know anything about the alleged premine and I have never involved myself in that issue. I made it appear I was helping him, and in fact I did try to help him. But I was simultaneously pointing out that his master node concept was unsound in terms of sybil attacks (but I didn't make it too obvious and I allowed a lot of n00bs and fanboiz to pump it up). I offered him the best suggestions I could for making it the least unsound. Since then CoinShuffle has improved upon CoinJoin and Dash should be using that instead. But still it will never be able to overcome some problems inherent in off chain anonymity. On chain anonymity will be superior for nearly all use cases. The reasons will be explained in detail at the opportune time.

At least with DarkCoin (Dash), it was offering some privacy. So I felt it wasn't my place to tell n00bs and fanboiz to choose between CoinJoin and Cryptonote. I figured let them learn over time.

I do not own any XMR. But you can see I have said it is the best on chain anonymity that I am aware of for the moment (except my research which is coming which is better than Monero).

But in the case of this VanillaCoin, it is claiming something which I can't even see it does at all. I don't see any documentation of the claimed zerotime Byzantine fault tolerance.

I will not go against a coin illogically. If John Conner shows the necessary explanations and technicals, then I will rescind.

We've (the Bitcoin community) burned up a lot of the capital that should instead be reserved for funding genuine new technology that could really improve the world. We can't allow charlatans to continue to extract this capital from our base of users because we need that capital to do important work.

I remember the Monero devs asking duffscammer to prove mathematically darkcoin/dash is sound enough and the shills replied similarly, you prove it lolz

Dev unable to provide proofs - SCAM

If something cannot be done now does not mean it cannot be done in the future with the required resources and enough incentive.

Its like saying there is god but i cant prove it. Rather you should prove that he doesnt exist

Bullshit.

I am calling scam on this coin now:

https://bitcointalksearch.org/topic/m.12111401

Inability to prove something on a controlled testnet is not the same as sustaining Byzantine tolerance on the open internet. Besides, no one has time to go diving into your code to prove that. $2100 bounty can't buy more than a couple of days of my time. And I can't even be sure you haven't controlled something on the testnet that prevents proving the point, until I dig in and then I might lose the time. Sorry. I am working on something now that is worth $millions or more, so why would I stop to mess around in your testnet. Sorry!

You have an obligation to show in your white paper how the Byzantine fault tolerance is achieved.

Operation shit coin clean out in underway. No more bullshitters will be allowed.

Edit: also with the bountry denominated in VNL, then by the time it is paid out, it will probably worth 0. Because you will have already proved that the coin is broken.

Because like most coins it has no use except to exchange with btc.

It's your duty to prove it not mine. There is a large bounty on the public test network to produce and re-produce a double-spend scenario so if you can perform a Sybil Attack then you should be able to collect the reward. If you CANNOT DO IT then I will gladly accept your apology. I'm 100% confident you cannot do it. That said I won't be checking this thread again.

https://talk.vanillacoin.net/topic/190/zerotime-double-spend-bounty

Thank you for your support.

I'll readily admit I am wrong if John Conner is able to show some details and convincing proof against Sybil attacks on the global lock consensus.

Thank you for your contribution! Your presence is always welcomed. Always been a fan of your insight and skills.

I believe he is referring to my post about the zerotime algorithm being unsound. I'd rather argue that the argument that the algorithm could work is speculation. The argument against it being sound appears to be much more based in research and prior art analysis. But yes, let's wait for him to respond. Maybe I've totally overlooked something. But I strongly doubt it. I am reasonably expert in this field.

Edit: why i am doing this? Because someone asked me in a PM for my opinion. And also because I don't want to see people throwing more good money down rat holes. Shitcoin shit needs to be called out.

Believing the anonymity is sound is pure speculation until John has answered. Glass half full? Half empty? Hard to tell when it's in a vault, yes?

Thats purely speculation until John has answered.

Instant sending needs to be done. I think I know how to do it. I don't think VanillaCoin's method is sound per my post in the other thread. Let's see what John Conner has to say about it.

As I wrote before, the DarkPP is apparently vaporware. Afaics, nothing has been revealed about anonymity. I've (as AnonyMint) have been working on anonymity for 2 years. I doubt very much he has the innovations on anonymity that I have.

Name them?

As far as I know Dash is slower but more importantly isn't fully centralised. Give me one coin that moves coins with confirmations quicker and is anonymous and then your point is sound.


Bear in mind this isn't a feature thing where new coded coins say oh we can do comic trilateral node configurations with an inbuilt game and selfie function. The simple fact is people need to send money instantly, safely and anonymously.....this coin as far as I can see can't be bet in that, right? So the natural progression is to use the fastest that works right? I mean who wants to use 3G when there is 5G?


I have too much respect for Bitcoin and its creator to suggest it could take over Bitcoin but think like this, once masses find out about crypto will they want to send money in a second or a few minutes or even more? A few minutes to buy a latte in starbucks will get old pretty soon. lol Vanilla coin could become the little brother of Bitcoin, for fast payments while Bitcoin is the older more established brother for slow moving funds.

I stated my position in the OP, can't you read?

My reply there, please go there for further discussion and their rebuttal:

vanilla is good
the big 5 at poloniex

Is the OP involved in Vanilla coin in anyway?

To those wondering if double spend is possible, a bounty is available. Could probably be paid in BTC if preferred.

https://bitcointalksearch.org/topic/bounty-vnl-vanillacoin-zerotime-double-spend-reward-1148745

I'm in the latter category. To be honest, I fell into my rut because it's way too time-consuming to do even rudimentary due diligence on the different streams in the altcoin river. In a rushing-river environment, it makes practical sense to stick with the few coins you know and like.

Moving into a nice streambed rut also dovetails well with the gains from specialization.

satoshi also assumed price will consistently remain above cost of production, which once a its listed on traded markets will not always be the case (admittedly something satoshi did add is a passing disclaimer), if such occured for an extended period guess what; "He expects these peers to behave a certain optimum way when they are not being paid to do so"