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Topic: ion discussion (Read 9675 times)

newbie
Activity: 21
Merit: 1
November 27, 2017, 08:06:17 PM
Libercy
sr. member
Activity: 420
Merit: 262
October 25, 2015, 01:15:20 PM
They already have, they are a german company doing KYC for banks like Fidor, ICICI etc.
and for mail providers like gmx,web.de etc... financial products like Paysafecard etc.... betting providers like Admiralbet....internet providers like 1&1...
Fidor bank is partnered up with bitcoin.de, a german bitoin exchange. I like the name but imo it's to risky lawsuit wise.

Yes I agree. I am dropping any consideration to use Cybit. There are other names. No need to incur that risk.
full member
Activity: 196
Merit: 100
October 25, 2015, 01:08:44 PM
They already have, they are a german company doing KYC for banks like Fidor, ICICI etc.
and for mail providers like gmx,web.de etc... financial products like Paysafecard etc.... betting providers like Admiralbet....internet providers like 1&1...
Fidor bank is partnered up with bitcoin.de, a german bitoin exchange. I like the name but imo it's to risky lawsuit wise.
hero member
Activity: 532
Merit: 500
October 24, 2015, 05:54:39 PM
They already have, they are a german company doing KYC for banks like Fidor, ICICI etc.
and for mail providers like gmx,web.de etc... financial products like Paysafecard etc.... betting providers like Admiralbet....internet providers like 1&1...
sr. member
Activity: 420
Merit: 262
October 24, 2015, 03:38:39 PM
#99
Cybit sucks,
the reason is https://www.cybits.de/en/

They are doing KYC etc and payment verification, so it´s too similar.

Thanks for the heads up. It depends on if they can get wide adoption and awareness, versus if the coin can. I lean towards they can't.

Then again "Cy" almost sounds like "Spy". I am conflicted by the term "cyber" because it seems to carry negative and positive connotations, e.g. "cyberterrorism", "cyberstalking", "cybersex", "cyborg", "cyberspace", "cybernetics".

I registered those just after when my eyes had fallen asleep sitting upright watching the Andreas Antonopolous presentation on YouTube. I was asleep while operating the computer, almost literally. I vaguely remember the actions including making the post above.

Pushing too hard.
hero member
Activity: 532
Merit: 500
October 24, 2015, 05:46:20 AM
#98
Cybit sucks,
the reason is https://www.cybits.de/en/

They are doing KYC etc and payment verification, so it´s too similar.
legendary
Activity: 1050
Merit: 1001
October 24, 2015, 05:33:52 AM
#97
Cybit, I like it.

legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
October 24, 2015, 02:14:56 AM
#96
cybit is a strong name, I think it works.
member
Activity: 109
Merit: 10
October 24, 2015, 12:41:14 AM
#95
I registered some domains today for a new name:

Cybit

Cybit.space
Cybit.me
Cybit.news
Cybit.info
Cyberbit.space
Cyberbit.me
Cyberbit.news
Cyber.fyi

Alternative name is:

Cyber

Any comments are welcome. I will run a poll on it some other time, assuming it is well received.

Although Ion was short, techie, and perhaps connotative of a micropayment ion exchange, I felt it wasn't really specific enough to money, networked information, new paradigms in cyberspace, etc. Also it was a bit too close to Aeon and I didn't want to feel I was ripping off their name.

I wanted a name that could both represent a fast zapped micropayment, and also referring to digital assets and programmable block chains in general. That would also work as a unit as well as a name, e.g. "send 5 cybits". I definitely wanted a brandable name, e.g. no permutations of "___Coin". I was a bit jealous of the new Iota (which was a name we had thought of in 2014 and not used). Although nubits is a permutation of "__Bits", I believe "Cyber+bits" is a more powerful connotation. Cybits seems to roll off the tongue much better than Bitcoin. Cyber.gold was available but my gf made a comment that cyber as complete two syllables connotates for her as the negatives of "cybersex" and "cyberchat". Whereas obscuring the full "cyber" in "cybits" lost the negative association for her. Cyber.gold, just seemed to confusing. How does a gold chain get into the the cyber realm? I asked her which term she would most let to utter when asking for a friend to send some over FB so she could fun a game. Cybits was her choice over both Cyber.gold and netgold. Also Bitcoin was a bit ambiguous in that it could mean "bit of a coin", instead of "bit of information coin". The "Cyber bit" doesn't seem to have that potential misinterpretation.

cy·ber
adjective
of, relating to, or characteristic of the culture of computers, information technology, and virtual reality.
"the cyber age"
synonyms:   electronic, digital, wired, virtual, web, Internet, Net, online
"our relationship was more cyber than face-to-face"


bit
noun
a unit of information expressed as either a 0 or 1 in binary notation.

bit
noun

1
:  a unit of computer information equivalent to the result of a choice between two alternatives (as yes or no, on or off)
2
:  the physical representation of a bit by an electrical pulse, a magnetized spot, or a hole whose presence or absence indicates data



I was also inspired by the portion of the video linked from the following quoted post.

Definition of Bitcoin in the Evolution of Money

Watch the linked video. He nails this. Gold and silver are dinosaur relics now, as well paper, platforms, and institutions.

Andreas Antonopoulos makes the point that what distinguishes decentralized crypto-currency from other forms of money, including digital money, is that it is a decentralized protocol, i.e. a language and not centralized platform or institution. Since I agree 100% with this definition and especially how he explains it in the context of the history of money, it appears to coincide with my view that the securities law applies to managed platforms and institutions and not to decentralized, unmanaged protocols. Thus if some group is controlling the protocol, I think they could be argued to be the managers of the "investment securities" which are the coins.

Thus I agree with the voter who voted that all crypto-currencies which have a group managing the protocol are thus "investment securities", regardless whether they sold the coins or not.

I highly recommend listening to that presentation by Andreas.

I like cybit and cybit.info
sr. member
Activity: 420
Merit: 262
October 23, 2015, 10:55:40 PM
#94
I registered some domains today for a new name:

Cybit

Cybit.space
Cybit.me
Cybit.news
Cybit.info
Cyberbit.space
Cyberbit.me
Cyberbit.news
Cyber.fyi

Alternative name is:

Cyber

Any comments are welcome. I will run a poll on it some other time, assuming it is well received.

Although Ion was short, techie, and perhaps connotative of a micropayment ion exchange, I felt it wasn't really specific enough to money, networked information, new paradigms in cyberspace, etc. Also it was a bit too close to Aeon and I didn't want to feel I was ripping off their name.

I wanted a name that could both represent a fast zapped micropayment, and also referring to digital assets and programmable block chains in general. That would also work as a unit as well as a name, e.g. "send 5 cybits". I definitely wanted a brandable name, e.g. no permutations of "___Coin". I was a bit jealous of the new Iota (which was a name we had thought of in 2014 and not used). Although nubits is a permutation of "__Bits", I believe "Cyber+bits" is a more powerful connotation. Cybits seems to roll off the tongue much better than Bitcoin. Cyber.gold was available but my gf made a comment that cyber as complete two syllables connotates for her as the negatives of "cybersex" and "cyberchat". Whereas obscuring the full "cyber" in "cybits" lost the negative association for her. Cyber.gold, just seemed to confusing. How does a gold chain get into the the cyber realm? I asked her which term she would most let to utter when asking for a friend to send some over FB so she could fun a game. Cybits was her choice over both Cyber.gold and netgold. Also Bitcoin was a bit ambiguous in that it could mean "bit of a coin", instead of "bit of information coin". The "Cyber bit" doesn't seem to have that potential misinterpretation.

cy·ber
adjective
of, relating to, or characteristic of the culture of computers, information technology, and virtual reality.
"the cyber age"
synonyms:   electronic, digital, wired, virtual, web, Internet, Net, online
"our relationship was more cyber than face-to-face"


bit
noun
a unit of information expressed as either a 0 or 1 in binary notation.

bit
noun

1
:  a unit of computer information equivalent to the result of a choice between two alternatives (as yes or no, on or off)
2
:  the physical representation of a bit by an electrical pulse, a magnetized spot, or a hole whose presence or absence indicates data



I was also inspired by the portion of the video linked from the following quoted post.

Definition of Bitcoin in the Evolution of Money

Watch the linked video. He nails this. Gold and silver are dinosaur relics now, as well paper, platforms, and institutions.

Andreas Antonopoulos makes the point that what distinguishes decentralized crypto-currency from other forms of money, including digital money, is that it is a decentralized protocol, i.e. a language and not centralized platform or institution. Since I agree 100% with this definition and especially how he explains it in the context of the history of money, it appears to coincide with my view that the securities law applies to managed platforms and institutions and not to decentralized, unmanaged protocols. Thus if some group is controlling the protocol, I think they could be argued to be the managers of the "investment securities" which are the coins.

Thus I agree with the voter who voted that all crypto-currencies which have a group managing the protocol are thus "investment securities", regardless whether they sold the coins or not.

I highly recommend listening to that presentation by Andreas.
legendary
Activity: 1120
Merit: 1000
October 21, 2015, 04:38:29 AM
#93
TPTB quote:

"As a lead developer I want to enter at $100,000 market cap. The earlier investors should enter at < $1 million market cap."

In Aeon I think the market cap is even lower. You could also get a nice chunk of the Aeon pie. And working with Smooth could be a good combo.

And "aeon" is close to "ion"  Smiley
sr. member
Activity: 336
Merit: 250
October 16, 2015, 05:56:29 PM
#92
This tech could work well with Aeon.

If there are parts of the implementation that have serious security risks, testing it on Aeon or Boolberry first actually makes a lot of sense.  Monero has a much larger market cap so has more reason to be cautious.
newbie
Activity: 38
Merit: 0
October 16, 2015, 05:17:37 AM
#91
I know papa, monero is always related and on-topoc.

Boy do I know. I've edited the remark.
hero member
Activity: 649
Merit: 500
October 16, 2015, 05:13:48 AM
#90
Well its either some awful name, Orion.

See what I did there?

I did just realize the excellent idea behind openalias last week some time. Neat service. Obviously unrelated. Just felt like sharing, because I'm a sharing kinda fella.

It's not totally unrelated because it's a system developed by the Monero team.
newbie
Activity: 38
Merit: 0
October 16, 2015, 04:44:57 AM
#89
Well its either some awful name, Orion.

See what I did there?

I did just realize the excellent idea behind openalias last week some time. Neat service. Obviouslykinda unrelated. Just felt like sharing, because I'm a sharing kinda fella.
member
Activity: 70
Merit: 10
October 16, 2015, 02:41:01 AM
#88
Good to know. I will kept in touch with this.
sr. member
Activity: 420
Merit: 262
sr. member
Activity: 420
Merit: 262
October 16, 2015, 12:48:30 AM
#86
I think finally we got to the bottom of the flaw in the Monero cryptographer's attempt at what I had invented:

https://www.reddit.com/r/Monero/comments/3oi16k/ring_ct_for_monero_a_work_in_progress_comments/cw1knrw

In my haste I had an error in identifying where the flaw lies, even though I knew from my prior efforts that there must be a flaw because something crucial appears to be missing in that white paper. I might still be wrong. Await the reply of the author of the white paper.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
October 15, 2015, 10:57:32 PM
#85
Again if the community wants to see my Zero Knowledge Transactions paper published earlier so that it could be implemented by Monero (and presumably others unless Monero folk want to see it only privately and fund it that way but wouldn't it be better for the community-at-large to see it and get competition rolling on implementing it), then I guess we'd need to make Kickstarter page to meet my minimum funding objective and to state the parameters, i.e. what happens if a flaw is found in my design and w.r.t. if it such a flaw is fixable or not.

Besides integrating rings and homomorphic sums, I also claim to have fixed Compact Confidential Transactions so that it no longer needs a huge (non-existent) elliptic curve in order to prove the hidden committed value is not negative. That requirement for a huge curve (computational speed I think degrades exponentially) was the major problem with using that Compact and superior method.

A benefit for me is that if my research paper is correct after peer review, then more people will trust that I am legit. So there is some motivation for me, but I will not give up exclusivity of "first mover" advantage unless I can be fairly compensated for what I think that exclusivity is worth (factoring in my likelihood of completing my project given my health issue and also factoring in that given enough time eventually someone else may discover the epiphany that lead to my invention).

Note the anonymity feature was not the only planned innovation for Ion (i.e. ion), thus giving up first mover advantage on it would not be the end of Ion.

As as community, ultimately all of us are going to be wealthier if we advance the best technology. Competing altcoins help advance efforts. Because technology is not enough. You need also the synergies of development team, community, and market (and features thereof).

So I say if there is a way to compensate developers and get technology out there, then that is positive for all of us.

You are welcome to pitch the ideas at https://forum.getmonero.org/6/ideas.

If they are funded, you'll have a nice pile of XMR, which should appreciate in proportion to the value ZKT/CCT adds.
sr. member
Activity: 420
Merit: 262
October 15, 2015, 09:27:31 PM
#84
Again if the community wants to see my Zero Knowledge Transactions paper published earlier so that it could be implemented by Monero (and presumably others unless Monero folk want to see it only privately and fund it that way but wouldn't it be better for the community-at-large to see it and get competition rolling on implementing it), then I guess we'd need to make Kickstarter page to meet my minimum funding objective and to state the parameters, i.e. what happens if a flaw is found in my design and w.r.t. if it such a flaw is fixable or not.

Besides integrating rings and homomorphic sums, I also claim to have fixed Compact Confidential Transactions so that it no longer needs a huge (non-existent) elliptic curve in order to prove the hidden committed value is not negative. That requirement for a huge curve (computational speed I think degrades exponentially) was the major problem with using that Compact and superior method.

A benefit for me is that if my research paper is correct after peer review, then more people will trust that I am legit. So there is some motivation for me, but I will not give up exclusivity of "first mover" advantage unless I can be fairly compensated for what I think that exclusivity is worth (factoring in my likelihood of completing my project given my health issue and also factoring in that given enough time eventually someone else may discover the epiphany that lead to my invention).

Note the anonymity feature was not the only planned innovation for Ion (i.e. ion), thus giving up first mover advantage on it would not be the end of Ion.

As as community, ultimately all of us are going to be wealthier if we advance the best technology. Competing altcoins help advance efforts. Because technology is not enough. You need also the synergies of development team, community, and market (and features thereof).

So I say if there is a way to compensate developers and get technology out there, then that is positive for all of us.
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