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Topic: GLBSE darknet mirror. (Read 4245 times)

legendary
Activity: 1708
Merit: 1020
April 19, 2012, 07:06:21 AM
#58
Wouldn't it be "smarter" to have a bitcoin style sharechain, only the transactions are share movements + bits etc.?

It might even be doable via Bitcoin itself, using the output of "blessed" transactions as shares, recognized by a special client.

this is also already available: namecoin

btw: what about a glbse .bit domain?

fixed brain error. what I meant is that you can use namecoin name/value pairs as shares with voting, dividends etc. Example: register b/acme000 to b/acme999

sweet you got glbse.bit Nefario. I hope you got it for a fair price.

legendary
Activity: 2618
Merit: 1007
April 18, 2012, 07:29:57 PM
#57
If we did "blockchain trading" it would mean that big traders would need big hashing power to be able to get their own transactions in the chain as fast as possible. I fear however that 51%ing would then become a more common thing...

Bitcoin mining enabled "proof-of-stake" - blocks might be a solution there. Still the issue remains who decides conflicting transactions (200 buys for asset A, 100 buys for asset A at the same time and only 100 shares available). Transaction fees could be an interesting way to resolve this actually... If you then require that every Nth block has to come from the miner at GLBSE (with difficulty 1 to make it easy for them, but specially signed or something) you could be sure every N blocks that you're on the longest chain.

Anyways, I guess I better continue brainstorming in a more appropriate thread and leave the TOR/I2P/Freenet/Retroshare fans to themselves in this thread! Wink
legendary
Activity: 1372
Merit: 1003
April 18, 2012, 07:27:29 PM
#56
Speed is not a requirement.

http://en.wikipedia.org/wiki/T%2B3

A distributed system would be vastly superior to the "real" stock market.

If thats the case then why are there no distributed stock markets and why do all existing stock markets aim to be fast?

Speed is a requirement when you want to buy or sell something before someone else.

Stock traders aim to be fast. Stock Brokers aim to be fast. Stock Exchanges aim to be fast.

You need to be more precise in your thinking about what services a stock exchange versus the clearinghouse.

Well according to your link three days for stock brokers to buy your shares.  On the GLBSE milliseconds after placing your order.  I understand having a Tor and a I2P site might slow things down a microsecond but I think the exchange will gain extra business?
sr. member
Activity: 966
Merit: 311
April 18, 2012, 07:22:42 PM
#55
Speed is not a requirement.

http://en.wikipedia.org/wiki/T%2B3

A distributed system would be vastly superior to the "real" stock market.

If thats the case then why are there no distributed stock markets and why do all existing stock markets aim to be fast?

Speed is a requirement when you want to buy or sell something before someone else.

Stock traders aim to be fast. Stock Brokers aim to be fast. Stock Exchanges aim to be fast.

You need to be more precise in your thinking about what services a stock exchange offers versus the clearinghouse.
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
April 18, 2012, 07:11:07 PM
#54
Speed is not a requirement.

http://en.wikipedia.org/wiki/T%2B3

A distributed system would be vastly superior to the "real" stock market.

If thats the case then why are there no distributed stock markets and why do all existing stock markets aim to be fast?

Speed is a requirement when you want to buy or sell something before someone else.
sr. member
Activity: 350
Merit: 250
April 18, 2012, 06:56:08 PM
#53
Would also be awesome to have brokers for GLBSE for people who can't figure it out, I remember lambert guy wanting to do that before disappearing. Maybe somebody more trusted who trades all day
legendary
Activity: 1372
Merit: 1003
April 18, 2012, 06:54:59 PM
#52
Wouldn't it be "smarter" to have a bitcoin style sharechain, only the transactions are share movements + bits etc.?

It might even be doable via Bitcoin itself, using the output of "blessed" transactions as shares, recognized by a special client.

Then we're getting into distributed blockchain based stockmarkets, and I believe that there is already a thread on this, the major problem being speed, markets need to be able to process transactions quickly which requires centralisation (or very VERY fast replication).

Speed is not a requirement.

http://en.wikipedia.org/wiki/T%2B3

A distributed system would be vastly superior to the "real" stock market.

Isn't that link to do with "stock brokers" and not really "stock exchanges"?
sr. member
Activity: 966
Merit: 311
April 18, 2012, 06:50:14 PM
#51
Wouldn't it be "smarter" to have a bitcoin style sharechain, only the transactions are share movements + bits etc.?

It might even be doable via Bitcoin itself, using the output of "blessed" transactions as shares, recognized by a special client.

Then we're getting into distributed blockchain based stockmarkets, and I believe that there is already a thread on this, the major problem being speed, markets need to be able to process transactions quickly which requires centralisation (or very VERY fast replication).

Speed is not a requirement.

http://en.wikipedia.org/wiki/T%2B3

A distributed system would be vastly superior to the "real" stock market.
legendary
Activity: 1372
Merit: 1003
April 18, 2012, 06:42:56 PM
#50
Just the couple of experts I spoke to said I2P was a more secure design but currently more vulnerable than Tor to attack due to Tor being a bigger network.  Like I said before I was also in favour of a .onion site as well.  Sorry for the confusion can we stay on topic.
Either they are government agents that lied to you on purpose, or just dumb. I2P is not more secure then Tor(they are about equal)
my personal opinion is that tor is most secure, because of simpler and cleaner code(and of course its more used, but that not relevant when we are talking about the underlying systems).

staying on topic from now on.

 Also the US gov (some parts of it anyway) also have good reason to be able to do things without being seen, it's why the CIA or some other agency is quite happy about Bitcoin.

I'm anarcho-socialist so not a big fan of the US or any government really both the UK and US governments are bordering fascist regimes these days both the big parties who can only win the elections are basically the same fighting for the rights of banks ect above the average person needs.  Sorry off-topic again  Undecided  Please don't all attack me back now for mentioning I'm a anarchist which I have to put socialist after to explain my stand point.  I'm a big-fan of bitcoin please all leave it at that  Lips sealed

Hey, that is pretty interesting.  You're a socialist, yet you support GLBSE, which is a stock market?  Smiley

Yep no one else was going to give me money.  Stay on topic.

Also if you can't beat them join them.  I'm more of a realist then socialist capitalism can't continue like this there needs to be a redistribution of wealth.  Sorry for going off topic please start another thread in the "politics" section.  I will read it but can't promise I'll post because I feel like I'm pissing in the wind trying to fight the mass media which teaches and reassures you all that it's healthy for the power in society (money=debt) should be held in the hands of a minority and also that under our watch that transfer should accelerate!  
legendary
Activity: 1372
Merit: 1003
April 18, 2012, 06:30:36 PM
#49
Just the couple of experts I spoke to said I2P was a more secure design but currently more vulnerable than Tor to attack due to Tor being a bigger network.  Like I said before I was also in favour of a .onion site as well.  Sorry for the confusion can we stay on topic.
Either they are government agents that lied to you on purpose, or just dumb. I2P is not more secure then Tor(they are about equal)
my personal opinion is that tor is most secure, because of simpler and cleaner code(and of course its more used, but that not relevant when we are talking about the underlying systems).

staying on topic from now on.

 Also the US gov (some parts of it anyway) also have good reason to be able to do things without being seen, it's why the CIA or some other agency is quite happy about Bitcoin.

I'm anarcho-socialist so not a big fan of the US or any government really both the UK and US governments are bordering fascist regimes these days both the big parties who can only win the elections are basically the same fighting for the rights of banks ect above the average person needs.  Sorry off-topic again  Undecided  Please don't all attack me back now for mentioning I'm a anarchist which I have to put socialist after to explain my stand point.  I'm a big-fan of bitcoin please all leave it at that  Lips sealed

Hey, that is pretty interesting.  You're a socialist, yet you support GLBSE, which is a stock market?  Smiley

Yep no one else was going to give me money.  Stay on topic.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
April 18, 2012, 06:29:12 PM
#48
Just the couple of experts I spoke to said I2P was a more secure design but currently more vulnerable than Tor to attack due to Tor being a bigger network.  Like I said before I was also in favour of a .onion site as well.  Sorry for the confusion can we stay on topic.
Either they are government agents that lied to you on purpose, or just dumb. I2P is not more secure then Tor(they are about equal)
my personal opinion is that tor is most secure, because of simpler and cleaner code(and of course its more used, but that not relevant when we are talking about the underlying systems).

staying on topic from now on.

 Also the US gov (some parts of it anyway) also have good reason to be able to do things without being seen, it's why the CIA or some other agency is quite happy about Bitcoin.

I'm anarcho-socialist so not a big fan of the US or any government really both the UK and US governments are bordering fascist regimes these days both the big parties who can only win the elections are basically the same fighting for the rights of banks ect above the average person needs.  Sorry off-topic again  Undecided  Please don't all attack me back now for mentioning I'm a anarchist which I have to put socialist after to explain my stand point.  I'm a big-fan of bitcoin please all leave it at that  Lips sealed

Hey, that is pretty interesting.  You're a socialist, yet you support GLBSE, which is a stock market?  Smiley
hero member
Activity: 938
Merit: 1002
April 18, 2012, 03:44:36 PM
#47
Aren't tor and freenet or i2p different? Tor anonymize the traffic but in the end you have to host the website (or the backup) on a server while on freenet/i2p you just upload it and it's backuped by the clients joined to it?

Tor and I2P are pretty much the same except for a few small differences.

Freenet is completely different from Tor or I2P, Freenet is a distributed data store.

There is Tahoe-LAFS distributed datastore support for I2P too, which can even handle dynamic updates to some degree, though Freenet is more established. However I think a distributed datastore is pretty much useless for this project

AFAIK Namecoin, in theory, supports resolving to the preferred network (e.g. glbse.bit would resolve to the i2p address if i2p is available, or else tor, or else www if allowed) through proxy software, which makes it a good solution to phishing attacks (i2p's domain resolution system seems vulnerable to attacks and all .onion addresses look the same).

Anyway, I2P is my preferred network. It's specialized for hidden services, so it's much faster than Tor for that purpose. Frontends could connect to one and use the other as fallback to increase resiliency.
legendary
Activity: 1372
Merit: 1003
April 18, 2012, 03:40:33 PM
#46
No point it would just get jumped on by all the gun loving yanks they think neo-liberal Obama is socialist!

(Since you asked) gun toting, bible thumping yanks are much closer to the real deal of anarchy than euro-pinkos "anarco-socialists" (which can mean only "anarco-statists" -lol).  Yanks rightfully mean "statist" for socialists/nazi/socialists/commies/fascists/trots/what have you; They are all the same for them, and they are dead on right.

I told you so kokjo Fox news and the rest of the right-wing media have done well.  Anyway serfs are always compliant when their obese and have plenty of beer tokens.  Viva capitalism the gap between the 1% and the average person is not just growing but accelerating does that even matter?  End of off topic if you want to start another thread in the "politics" sections inbox it me and I will read it.  I wasn't bashing americans in general BTW I'm very fond of the country and people aside from politics.  Anyway you yanks are just rebel colonists who can't make decent cheeses  Tongue
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
April 18, 2012, 03:32:45 PM
#45
I can tell you from a years worth of experience operating GLBSE 1.0 which was completely anonymous and secure, that what people care about (sadly) is something being easy to use.
legendary
Activity: 1372
Merit: 1003
April 18, 2012, 03:25:38 PM
#44
Thread politics hijacking aside I2p is hugely popular in Germany, convert the site to German and make a mirror into an eepsite would get a lot of extra biz.

Tor would probably be too slow for GLBSE.. make your transaction and something times out.. NOOOooo somebody else buys it before you.

I agree it may bring more traffic to the exchange if people can access it as a darknet site plus there always know it will stay online if attacked by hackers or governments.  If people know they can trade and invest on the GLBSE in full anonymity then it might make people more inclined to invest/trade especially if governments start getting bitcoin hostile or they just want to hide there going's on ect.   
sr. member
Activity: 350
Merit: 250
April 18, 2012, 02:59:53 PM
#43
Thread politics hijacking aside I2p is hugely popular in Germany, convert the site to German and make a mirror into an eepsite would get a lot of extra biz.

Tor would probably be too slow for GLBSE.. make your transaction and something times out.. NOOOooo somebody else buys it before you.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
April 18, 2012, 02:58:58 PM
#42
Aren't tor and freenet or i2p different? Tor anonymize the traffic but in the end you have to host the website (or the backup) on a server while on freenet/i2p you just upload it and it's backuped by the clients joined to it?

Tor and I2P are pretty much the same except for a few small differences.

Freenet is completely different from Tor or I2P, Freenet is a distributed data store.
Oh ok, sorry for my mistakes  Cheesy
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
April 18, 2012, 02:51:25 PM
#41
No point it would just get jumped on by all the gun loving yanks they think neo-liberal Obama is socialist!

(Since you asked) gun toting, bible thumping yanks are much closer to the real deal of anarchy than euro-pinkos "anarco-socialists" (which can mean only "anarco-statists" -lol).  Yanks rightfully mean "statist" for socialists/nazi/socialists/commies/fascists/trots/what have you; They are all the same for them, and they are dead on right.
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
April 18, 2012, 02:44:40 PM
#40
Aren't tor and freenet or i2p different? Tor anonymize the traffic but in the end you have to host the website (or the backup) on a server while on freenet/i2p you just upload it and it's backuped by the clients joined to it?

Tor and I2P are pretty much the same except for a few small differences.

Freenet is completely different from Tor or I2P, Freenet is a distributed data store.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
April 18, 2012, 02:35:55 PM
#39
Aren't tor and freenet or i2p different? Tor anonymize the traffic but in the end you have to host the website (or the backup) on a server while on freenet/i2p you just upload it and it's backuped by the clients joined to it?
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