Topic: IOHK Research and Scorex ARE NOT working with Waves - page 7. (Read 33933 times)

I wrote a small paper on DDoS protection:

https://github.com/shelby3/hashsig/blob/master/DDoS%20Defense%20Employing%20Public%20Key%20Cryptography.md

I argued to Gmaxwell at al that Bitcoin's DDoS protection is insufficient as it scales.


Sorry to Charles, but I have explained in technical detail in the Ethereum Paradox thread why I think Ethereum is a grandiose technobabble deception/clusterfuck. The Casper consensus algorithm insolubly flawed conceptual crap isn't validated. Vitalik entirely ignores my technical criticism, even I had put it in front of his face a few times already. What peer review. I am not too thrilled about them throwing $18 million down a rat hole then coming back for more by pumping some technobabble that can't work decentralized without destroying Nash equilibrium.

IANAL, but apparently US law goes after the issuers if they market them to non-accredited US investors. There may be details and exceptions. There is an entire thread on this topic.


That linked thread explains the Supreme Court Howey test. Key criteria is the n00b (non-accredited) investors are relying on the future actions of issuer for the expectations of profits.

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traumschiff added to my Ignore list for replying to a discussion/debate of the facts with an ad hominem attack. Attacking a person, is not a rebuttal of the facts under debate. It is non-informational noise.

AltcoinScamfinder added to my Ignore list for replying with an ad hominem attack to my post pointing out the high correlation between those who have ICO coins in their signature (or are known ICO promoters) to attack me with ad hominem posts devoid of any discussion of merit, when I mention US securities law. Appears from his signature line that he promoting crypto gambling; perhaps there is some connection to ICO coins in his vested interests.

I'll help you out. We all know how well TPTB likes to coat his ass with his lawyer's genitals. Like the time where he threatened people here with a lawsuit for trolling him.

Oh and remember when TPTB said a few weeks ago how he will never post on these forums again?

calling some one delusional is most likely uncalled for and should warrant and apology but i'm not seeing in this thread where anyone called you delusional. I did see on a reddit post where a guy named schooltuber called you delusional...but he disavowed being part of the waves team.

While I am sure you may speak for your team, your partners may have pretty diverse interests and may not appreciate being told with who or whom not to do business with.

Until I receive a formal apology from sasha in this thread for calling me delusional and then telling people to Google my history to see how I'm a "bad actor", there is no possibility of collaboration.

My company and its partners will not work with projects or people who personally attack our personnel or management.

interesting,
so its not out of the question that you and or members of your team would be willing to collaborate with team wave in integrating their transactional and consensus modules to work with core....collaboration which may help in fixing core issues you speak of.

Another post from me, now on "production readiness".

It is hard to develop a database engine. Jan Kotek is a brilliant dev undoubtly but there's no stable MapDB release around after few years of active development,

Cryptography isn't just hard, its a mess. It is really hard to implement a primitive properly(!) (e.g. a signature scheme). And even a perfect implementation cant' save against improper usage or bad randomness. Things are much harder when we're talking about design and implementation of cryptographic protocols.

A cryptocurrency can dev go nuts. It is a crazy mix of many hard-to-develop things. And if millions of users put billions collectively at stake, software behind that must be polished like a diamond. Unfortunately, amongst thousands of coins(few IPOs to be declared daily on this forum) there are only 1.5 seriously validated systems(so Bitcoin, after few years of issues fixing, see https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposures, and partly Ethereum).

So Scorex was declared to be not ready for a production use. Since 1.1.0 modular design is there, so a consensus as well as transactional modules are to be injected into core. Since 1.2.0 only core is to be called Scorex, and our first testnet application running on Permacoin consensus protocol is being called Lagonaki.

Let's take a closer look on readiness of modules:

1. Core: no any protection against any DDoS atm. Peer blacklisting is just done(in 1.2.3). Networking layer is quite raw. Other things in the core are seem to be pretty OK.

2. Nxt-like consensus module: unlike Nxt, "effective balance" == balance and that is trivially insecure. There are many small tweaks in Nxt not copied into the module(I am pretty unsure all of them are adding up to the protocol security though).

3. Qora-like consensus module: again "effective balance" == balance. Aside of that, algo is copied pretty precisely.

4. Permacoin consensus module(https://github.com/ScorexProject/Permacoin-consensus): there are some open question in the protocol design itself (see my paper http://arxiv.org/abs/1603.07926 ). Our implementation isn't tested on really huge datasets.

5. Simplest transactional module. Simplest tokens transfers (like Nxt payments) and nothing more. Protection against double-inclusion is quite stupid(account nonces like in Ethereum are needed).

So yes, all the components must not be used as provided in a popular cryptocurrency. And I'll eventually fix only core issues. I'm going to implement next few modules(more innovative this time) and a new testnet application with working name Ergaki (https://scorex-dev.groups.io/g/main/message/3?p=,,,20,0,0,0:Created,0,,20,1,0,1996315 ).


But Waves doesn't need anything except of core probably. They will build own transactional and consensus modules. Then it is Waves business to prove those modules are shine like a diamond.



P.S. On a team's photo, I was offline for those days, so do not really know what happened. I need to have another call with Sasha to clarify.

Just curious, and not looking to get into a long-running discussion over this, but if Waves is domiciled in Europe somewhere isn't it really the responsibility of US investors to obey US laws, not some foreign organization?

Secondly, they are selling tokens, not shares in a corporation. How is what they're doing different then selling any other token (postage stamps, old coins) or commodity that goes up and down in value?

Cute, it's using big words. Now go to bed child.

*Yawn...

Thanks for stepping forward.
This is the wild west, nice to see some people still care.

The laws you refer to were created to protect interests of banksters, not of ordinary people. We all are 18+ here and decide ourselves what to do with our money. Go and post on Wall Street forums, people like you (who want to be a submissive of USA govt) are not welcome here.

PS: Could anyone quote my post, please? The guy doesn't like when I disturb him in his delusion world, but the message is intended to open his eyes and bring him back to the reality, it's important for him (though he won't admit that even to himself).

Their (ICO promotion) signatures always reveal their hatred for the truth I speak about selling ostensibly illegal unregistered investment securities to US investors.

Suppose they don't like that truth. How sad they wouldn't be able to steal money if they obeyed the law.  

Is that 'FISTBUMP' up the arse of your victims.

Another ad hominem throwing, ostensibly scammer accomplice added to my Ignore list.

I can play cross-posting game too:

Thank you Charles, I appreciate the clarification.

Nice try to divert attention away from your money grabbing scams gaming jurisdictional boundaries:

we all needs to support wave without greating too much fuss