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Topic: [MIL]* MillenniumCoin DAAE * TOR * Anon * Escrow "NEW GROUND FOR CRYPTO" - page 14. (Read 26309 times)

legendary
Activity: 996
Merit: 1013
How can I know if there are any delegates online?

Use console command showadvertisedbalances

That doesn't seem to work for me (Method not found (code -32601)).

ahh my bad.

listadvertisedbalances
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
How can I know if there are any delegates online?

Use console command showadvertisedbalances

That doesn't seem to work for me (Method not found (code -32601)).
legendary
Activity: 996
Merit: 1013

You really need to trash everything from the directory except the wallet.dat and the conf file.

Also on mac/linux I recommend adding to the configuration file

Code:
paytxfee=0.01

The tx fee is not enforced by the wallet in this release , but still you need it
to ensure that your transactions get confirmed in reasonable time.

newbie
Activity: 25
Merit: 0
We are working on a better explorer and rich list. Has anyone tried the Mac Wallet yet? If so, please provide some feedback.

Looks like I screwed up.

Will report back later, using the mac wallet and built source on an ubuntu box, bother were giving me problems but I found the error of my ways.

You really need to trash everything from the directory except the wallet.dat and the conf file.

full member
Activity: 139
Merit: 100
sr. member
Activity: 250
Merit: 250
We are working on a better explorer and rich list. Has anyone tried the Mac Wallet yet? If so, please provide some feedback.
legendary
Activity: 1092
Merit: 1000

    alice says to bob that she would like for bob to pay charlie and she will pay bob. [/li][/list]

    So this is the idea in a nutshell right?

    You're on the right track..
    The escrow transactions have a conditional scriptPubKey.
    The other path of execution corresponds to the finalization of delegate tx,
    the other one to the retrieval. Both ways consume the input of the escrow.

    So it's a bit more like, Alice sends a transaction A to Dave that says
    If I see you pay to Bob this amount, these funds can be spent by you,
    else they return to me. And Dave sends a transaction B to Alice that
    says if I have sent the amount to Bob then I can get the funds in your
    transaction.

    The wallets also exchange info that allows them, and them only to
    construct the claim to the coins in the escrow. The escrow transactions are
    made in several steps, where each party adds info to them. When they're
    ready they are relayed to the network.

    To give credit to where it's due, I did not invent this procedure. It was
    already present in a now defunct coin called New Universal Dollar (NUD), but in an
    unfinished, unuseable form. I liked the approach, as it mirrors the privacy model
    of TOR, where the anonymity does not derive so much from an algorithm, but
    from the community of users themselves.




    Sounds interesting ...
    legendary
    Activity: 2002
    Merit: 1051
    ICO? Not even once.
    Ok so lets talk distribution. Is it already completed? When? How? Where? Do we have any records of who is holding? Do we have a thread where people are trading?

    There is a basic block explorer (http://explorer.millenniumcoin.pw/chain/MillenniumCoin) but the rich list part doesn't work and it is currently traded on poloniex. I really want to see a decent block explorer with rich list though.

    But like how was the distribution done? Is there a distribution thread somewhere?

    I'm as new to this coin as you are and this is all I could find on their site:

    Algorithm: POS Only
    Max coins 1,000,000
    POS: 12% Annually
    Min Stake Age: 3 Days
    Max Stake Age: 180 Days
    Coin Maturity: 50 Blocks Minimum
    Transaction Fee: 0.00005 MIL
    Millennium Coin Specifications

    Millennium Coin was announced May 31, 2014. MIL began as Millionaire Coin, an IPO hosted on the Poloniex Exchange. Investors purchased more than 45 BTC believing MIL a good investment due to backing by Poloniex. Less than 2 months after the announcement MIL was abandoned by it's developer. Since the MIL IPO Poloniex has put in place requirements to insure this type of fraud does not happen again. After abandonment of MIL community members immediately began a takeover. Today MIL is a Community Managed Coin where everyone has a voice. Investing in MIL gives you the chance to voice your opinion and help design usable currency for the future.
    legendary
    Activity: 2002
    Merit: 1051
    ICO? Not even once.
    Ok so lets talk distribution. Is it already completed? When? How? Where? Do we have any records of who is holding? Do we have a thread where people are trading?

    There is a basic block explorer (http://explorer.millenniumcoin.pw/chain/MillenniumCoin) but the rich list part doesn't work and it is currently traded on poloniex. I really want to see a decent block explorer with rich list though.
    legendary
    Activity: 1722
    Merit: 1217
    Ok so lets talk distribution. Is it already completed? When? How? Where? Do we have any records of who is holding? Do we have a thread where people are trading?
    legendary
    Activity: 1722
    Merit: 1217
    Well color me intrigued. You just might be onto something here.

    Quote
    So looking at this we can tell that the owner of the address is using a delegate. But we can't know about the ultimate recipient.

    Cant we look at the owner of the address and the delegate and look for a transaction authored by the delegate from around the same time frame for around the same amount and make a pretty good educated guess from this information that the owner and the recipient are connected?

    What does the dev got to say for this?

    This is where i believe the splitting of coins aka coinjoin technique has to be implemented.

    That is a possibility right now, but becomes increasingly
    harder as the number of delegate transactions increase.

    And yes, the splitting and chaining-up are one way to deal
    with the issue.

    You should consider using the proposal I described. I believe it would be superior to what you are using for a couple of reasons. Delegated transactions would appear the same as any other transactions. And delegated transactions would take up less space on the block-chain. With this proposal you could certainly chain delegates too. You would almost certainly want to break units into standard denominations and use delegates to "tumble" coins in the back ground sort of like darkcoin. Then use "mixed" coins to make payments in an ordinary transaction. It would have a lot of the advantages and functionality of darkcoin without the centralization of masternodes.
    legendary
    Activity: 2002
    Merit: 1051
    ICO? Not even once.
    Bootstrap until about 342k blocks (it is basically blk0001.dat renamed since there isn't more blk*.dat files to merge them):

    https://mega.co.nz/#!qFtElKja!zyqjCRshRORHP7tmTyvEPBAj7t_-xB-9iXa9kMh9YTw

    http://www.mediafire.com/download/t5ffsly2fsmyral/MillenniumCoin_bootstrap.7z

    By my estimation it roughly takes 25 minutes to extract the blocks from it (depending on disk I/O and CPU).
    hero member
    Activity: 540
    Merit: 500
    Well color me intrigued. You just might be onto something here.

    Quote
    So looking at this we can tell that the owner of the address is using a delegate. But we can't know about the ultimate recipient.

    Cant we look at the owner of the address and the delegate and look for a transaction authored by the delegate from around the same time frame for around the same amount and make a pretty good educated guess from this information that the owner and the recipient are connected?

    What does the dev got to say for this?

    This is where i believe the splitting of coins aka coinjoin technique has to be implemented.

    That is a possibility right now, but becomes increasingly
    harder as the number of delegate transactions increase.

    And yes, the splitting and chaining-up are one way to deal
    with the issue.

    Though the number of transaction increases, the particular amount of coins being transacted will get us caught.

    Only way to avaoid this is splitting of coins in small round numbers, imean 0.1, 1, 10 sort of.

    Edit: Taking into account the time the transaction being made will also let us down.
    legendary
    Activity: 996
    Merit: 1013
    Well color me intrigued. You just might be onto something here.

    Quote
    So looking at this we can tell that the owner of the address is using a delegate. But we can't know about the ultimate recipient.

    Cant we look at the owner of the address and the delegate and look for a transaction authored by the delegate from around the same time frame for around the same amount and make a pretty good educated guess from this information that the owner and the recipient are connected?

    What does the dev got to say for this?

    This is where i believe the splitting of coins aka coinjoin technique has to be implemented.

    That is a possibility right now, but becomes increasingly
    harder as the number of delegate transactions increase.

    And yes, the splitting and chaining-up are one way to deal
    with the issue.
    member
    Activity: 79
    Merit: 10
    YarkoL,you are a thief,you steal the NUD's technologys!!!

    Do you have the permission from the NUD devteam??

    You registered a new account just to say hello to me? Aww I'm touched.

    Now, if you re-read the NUD thread, you'll see that I never
    made secret of my intention to implement a working delegate system
    in some other coin. And NUD devteam never voiced any negative
    opinion on that.

    Indeed why should they? I'm carrying on the legacy of
    NUD, and should the dev one day return I'll be back there also.

    For the present, I think MIL is to NUD as Monero is to Bytecoin.


    I am Julian Sheen.
    hero member
    Activity: 540
    Merit: 500
    Well color me intrigued. You just might be onto something here.

    Quote
    So looking at this we can tell that the owner of the address is using a delegate. But we can't know about the ultimate recipient.

    Cant we look at the owner of the address and the delegate and look for a transaction authored by the delegate from around the same time frame for around the same amount and make a pretty good educated guess from this information that the owner and the recipient are connected?

    What does the dev got to say for this?

    This is where i believe the splitting of coins aka coinjoin technique has to be implemented.
    legendary
    Activity: 996
    Merit: 1013
    YarkoL,you are a thief,you steal the NUD's technologys!!!

    Do you have the permission from the NUD devteam??

    You registered a new account just to say hello to me? Aww I'm touched.

    Now, if you re-read the NUD thread, you'll see that I never
    made secret of my intention to implement a working delegate system
    in some other coin. And NUD devteam never voiced any negative
    opinion on that.

    Indeed why should they? I'm carrying on the legacy of
    NUD, and should the dev one day return I'll be back there also.

    For the present, I think MIL is to NUD as Monero is to Bytecoin.
    legendary
    Activity: 1722
    Merit: 1217
    YarkoL,you are a thief,you steal the NUD's technologys!!!

    Do you have the permission from the NUD devteam??

    ideas aren't property Roll Eyes
    full member
    Activity: 140
    Merit: 100
    I have find out Millennium Activities for take wallet.... Smiley
    member
    Activity: 79
    Merit: 10
    YarkoL,you are a thief,you steal the NUD's technologys!!!

    Do you have the permission from the NUD devteam??
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