Sun Tzu 孫子兵法.
generalizethis et al, I submit to your criticism is valid on the asymmetry of my sharing (w.r.t. your area of specific concern, not my liberal sharing of my general economics insights).
Blasts from the past...
My goals are much wider in scope and I don't want to get bogged down in politics over which coin will win.
I am just stating that competition will bring out the best.
And I am saying that the anonymous coin and chain that has a wide distribution paradigm is not only more likely to win, but also more likely to be resilient (but I don't mean giving coins away that users dump for fiat).
Smooth is apparently being facetious as he is not convinced my idea can work.
I'm not convinced it can work nor that it can't.
Thanks. That would be my same opinion about Monero. Fair.
...I believe the only way to build an innovative ecosystem for ALL OF US (remember I want to put anonymity and remove the master-servant model on the entire internet, not just cryptocoins) that won't just be subsumed into Bitcoin's venture capital model, is to get a jumpstart in ecosystem momentum. I don't believe that jumpstart can be accomplished by giving your ideas away for free such that either venture capitalists can fund an Inverse Commons of open source to have the ideas implemented in their Bitcoin ecosystem or the capital interested in your design gets squandered on copycoin pumps that waste the capital and don't build out a competitive, innovative ecosystem.
In other words, I think open source Inverse Commons works very well, but it also falls prey at the start to the chicken-or-egg dilemma when trying to compete with an ecosystem that has turned us geeks into dogs who chase our own tail (working for the enemy to enslave us).
...
Edit: give away half-baked designs, those which are incomplete in terms of what the market will buy, or those which require more resources than you can bear to bring to market. To give away the golden egg is to assert the golden goose is dead. I am not dead yet.
Edit#2: as in all things one must weigh the probabilities. Thus it is also possible someone like myself might sell such a design, choosing to take the least risky route to compensation. Taking into account the factors that I am 50 and sick with a severe progressive illness (Multiple Sclerosis), and have nearly no assets to retire on. And am entirely unwilling to return to any Western country to work.
Edit#3: implicit in what I wrote above is the assumption that some percent of us are not happy about the future of the internet, Bitcoin, and the world on its current trajectory. Some of us want a decentralized internet, and not one owned by a few large fascist corporations. Some of us don't believe that Bitcoin won't end up with the same fate that the internet has. In short, some percent of us do believe a slide into an NWO is underway and we need a different trajectory. Additionally some of us think a micropayments coin could accumulate network effects exponentially faster Bitcoin and afaik the Lightning Networks (LN) on Bitcoin proposal won't enable the same N^2 network effects because it is not a decentralized model.
He's that good.
It is not me. It is you all are that good but you don't know how to organize yourselves except to be corralled by the banksters (even you don't know it). The only way to accomplish that is get a lot of capital focused on solving these problems. Right now all your capital is going to the utility and hardware companies. It is not being focused where it can actually form an ecosystem. The Bitcoin ecosystem is dominated by bankster whoreshipping venture capital (and your individual capital gets siphoned off by PoW and the shitcoins).
This is the reason you would buy my coin, because there will be an ecosystem that as a geek you will be damn proud of. And it will be your ecosystem, not mine. I am just here as the seed (who needs to as quickly as possibly set things on an open-source auto-pilot and get out of the way), and will hopefully be rewarded for my efforts so I can retire comfortably.
Somebody has to be crazy enough to try. Then the others will follow once they see it working.
Well then take solace in that I am working for you then because I (as AnonyMint) have been pushing for greater anonymity since 2013. And I am pushing for it not just in cryptocoins but also on the entire internet and my plans are much broader in scope than just cryptocoins.
To demonstrate that I am trying to be objective and not biased against CN, note that afaik in public documents that neither CT nor CCT can do
on chain (i.e. autonomous, end-to-end principle compliant) hiding of input address as CN does, thus at least w.r.t.
on chain anonymity are not untraceable and thus don't guard against breakage of fungibility (i.e. they don't make it impossible to do blacklisting, whitelisting, Hearn's redlisting, etc). Both CT and CCT can apparently do
off chain (non-autonomous, not end-to-end principle compliant, suffer from simultaneity requirement, can be DoS jammed[1] as I first pointed out in Gmaxwell's CoinJoin thread) address hiding such as CoinJoin:
Most importantly, this scheme is compatible with pruning and does not make the verification state for Bitcoin grow forever. It is also compatible with CoinJoin and CoinSwap, allowing for transaction graph privacy as well while simultaneously fixing the most severe limitation of these approaches to privacy (that transaction amounts compromise their privacy).
Taint tracking is inherently against the fungibility property of money.
Aside, as TierNolan pointed out-- this composes perfectly with coinjoin and coinswap, and the interface is setup to facilitate coinjoin already; in coinjoin the participants need not learn each others values. And in the case of coinswaps the swap transactions can be made indistinguishable from ordinary payments to a single key due to the switch to schnorr signatures.
Perhaps you've not caught on that this makes coinjoins and coinswaps tremendously more private and useful; since joining with anyone at any time improves your privacy, with no need to coordinate values.
You can think of it in these terms: CoinJoin and CoinSwap are efficient metadata privacy protection systems, but their effectiveness is undermined by the content not being private. CT is a content privacy system. The two compose very nicely. (And the RPCs in elements should be all setup to integrate with external coinjoin.).
Aside, as TierNolan pointed out-- this composes perfectly with coinjoin and coinswap, and the interface is setup to facilitate coinjoin already; in coinjoin the participants need not learn each others values. And in the case of coinswaps the swap transactions can be made indistinguishable from ordinary payments to a single key due to the switch to schnorr signatures.
[1] Unless you allow a trusted masternode such as in DRK's design, but this another form of threat to anonymity.
P.S. If you notice this thread getting shorter, it is because I am deleting some of my past posts which I feel were not important and/or referred too strongly to vaporware. I am cleaning house and am on page 10 of my post history, so hurry if you want to quote any older post that I might delete in the next minutes.