Well this was all hype.
First rule about Fud Club, you don't talk about Fud Club.. Any questions?
Edit: and Troll for good measure.
Topic: Mt. Gox creator Jed McCaleb invites ‘alpha testers’ for secret Bitcoin project (Read 6711 times)
August 04, 2014, 05:45:37 PM
First rule about Fud Club, you don't talk about Fud Club.. Any questions?
Edit: and Troll for good measure.
August 04, 2014, 12:17:23 PM
Well this was all hype.
I've still no idea what this is, but many people seem to be buzzing over it, though I think they probably just like free coins.
I guess it's also centralised escrow. P2P but centralised I guess is how you would define it.
I've still no idea what this is, but many people seem to be buzzing over it, though I think they probably just like free coins.
August 04, 2014, 05:29:54 AM
Do you consider localbitcoins decentralised?
Obviously no, since there's a centralized server (running in hetzner.de the last time I checked out) and there's a centralized reputation system which provides "trust" (running in the same server). Person to Person btc exchange is a nice a idea, but needs proper decentralization. Hopefully Mr. Malmi will sort that out soon: https://github.com/identifi/identifi
Then we will have true P2P exchanges...
When dealing with users via LBC, you should take the same precautions regardless of their feedback. It would be very difficult to create a marketplace that is truly decentralized in all aspects.
I guess it's also centralised escrow. P2P but centralised I guess is how you would define it.
A truly decentralised localbitcoins would be interesting. How the escrow would be handled would be an issue though I think.
If Stellar is anything like Ripple it will be more like being able to move funds from gateway to gateway. Not really anything like what I just mentioned unfortunately.
August 03, 2014, 03:05:26 AM
Do you consider localbitcoins decentralised?
Obviously no, since there's a centralized server (running in hetzner.de the last time I checked out) and there's a centralized reputation system which provides "trust" (running in the same server). Person to Person btc exchange is a nice a idea, but needs proper decentralization. Hopefully Mr. Malmi will sort that out soon: https://github.com/identifi/identifi
Then we will have true P2P exchanges...
When dealing with users via LBC, you should take the same precautions regardless of their feedback. It would be very difficult to create a marketplace that is truly decentralized in all aspects.
August 02, 2014, 08:10:10 PM
from the last dev who got hacker a million dollar ? i will think more time to makes contract with it .
i still remember when they use statment got hacked and lost all my money.
i still remember when they use statment got hacked and lost all my money.
August 02, 2014, 06:50:27 PM
Do you consider localbitcoins decentralised?
Obviously no, since there's a centralized server (running in hetzner.de the last time I checked out) and there's a centralized reputation system which provides "trust" (running in the same server). Person to Person btc exchange is a nice a idea, but needs proper decentralization. Hopefully Mr. Malmi will sort that out soon: https://github.com/identifi/identifi
Then we will have true P2P exchanges...
August 02, 2014, 11:08:55 AM
SO many decentralized exchanges and platforms under development. This is pretty good news. Everything will be decentralized in the future...including the government. Let's do this.
So you think Stellar is decentralized?
I'm not so sure...Do you consider localbitcoins decentralised?
August 01, 2014, 07:29:59 AM
SO many decentralized exchanges and platforms under development. This is pretty good news. Everything will be decentralized in the future...including the government. Let's do this.
So you think Stellar is decentralized?
I'm not so sure... 
August 01, 2014, 02:04:44 AM
I never signed up for a shitcoin mailing list, I signed up for a BITCOIN one. FUCK.
July 31, 2014, 09:31:38 PM
SO many decentralized exchanges and platforms under development. This is pretty good news. Everything will be decentralized in the future...including the government. Let's do this.
July 31, 2014, 07:59:14 PM
Move thread to alt section to die.
I agree. This isn't really a Bitcoin discussion, since it involves the creation of yet another altcoin.looks like a 99% Ripple clone
This shouldn't come as a surprise. He has profited from Ripple a lot, why not to the same thing twice? 
July 31, 2014, 07:55:28 PM
looks like a 99% Ripple clone
July 31, 2014, 07:49:47 PM
So the secret project was another coin or what was it? I mean wow, I thought we'd be remaining in the Bitcoin ecosystem here. And altcoins don't exactly have the best reputation...
It's not quite just an "altcoin" if you read the full description of all the features. It's more of a platform for every currency to exist in harmoniously.
I am pretty sure that it is widely believed that the market cap of all of the alts take away from the market cap of bitcoin so I really do not see how this would ultimately be possible?
July 31, 2014, 05:21:08 PM
Move thread to alt section to die.
July 31, 2014, 05:16:52 PM
So the secret project was another coin or what was it? I mean wow, I thought we'd be remaining in the Bitcoin ecosystem here. And altcoins don't exactly have the best reputation...
It's not quite just an "altcoin" if you read the full description of all the features. It's more of a platform for every currency to exist in harmoniously.
Isn't that what ripple also claimed to be?
and mastercoin, and etherum and nxt and...
you will not get enough momentum behind these things. especially when its not bitcoin-based.
July 31, 2014, 02:59:31 PM
So the secret project was another coin or what was it? I mean wow, I thought we'd be remaining in the Bitcoin ecosystem here. And altcoins don't exactly have the best reputation...
It's not quite just an "altcoin" if you read the full description of all the features. It's more of a platform for every currency to exist in harmoniously.
Isn't that what ripple also claimed to be?
July 31, 2014, 02:53:32 PM
So the secret project was another coin or what was it? I mean wow, I thought we'd be remaining in the Bitcoin ecosystem here. And altcoins don't exactly have the best reputation...
It's not quite just an "altcoin" if you read the full description of all the features. It's more of a platform for every currency to exist in harmoniously.
July 31, 2014, 02:26:35 PM
So the secret project was another coin or what was it? I mean wow, I thought we'd be remaining in the Bitcoin ecosystem here. And altcoins don't exactly have the best reputation...
July 31, 2014, 02:21:02 PM
one more coin to study, understand and buy..
July 31, 2014, 01:20:55 PM
"We provide an open-source hosted web client, where the keys are encrypted client-side to your password so we don’t have access to your funds. The supply of stellar will increase at 1% per year.
The network has been initialized with a supply of 100 billion stellars. 5% will be used to fund operations of the nonprofit"
"Mt.Stellar" is launching
The network has been initialized with a supply of 100 billion stellars. 5% will be used to fund operations of the nonprofit"
"Mt.Stellar" is launching
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