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Topic: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? - page 18. (Read 95279 times)

sr. member
Activity: 420
Merit: 262
Example of myself doing some "seat of my pants" cryptography in 30 seconds:

Isn't the simple solution to include the signature of the entire document with each chunk you forward. If the signer claims he provided different text, he will need to produce a document which matches the hash of what he signed, but he can't do that and also lie.

There are usually simpler solutions. Just think out of the box and paradigm shift the problem.

Okay then jl777. Another way to do it is have the originator sign a hash which is a root of a Merkel tree. Then you can break the document into words or even individual characters if you want. And you can send any portions of the document and prove the originator signed those.

jl777, if the originator signed the root hash of the Merkel tree when he provided it to the intermediary, then the intermediary can prove that any fragment(s) of the document was signed by the originator. The originator is the one who breaks the document up into words or characters at the leaves. A Merkel tree is a very efficient structure space wise if the granularity is very high.

I suppose yours of deterministic mapping each hash to a field element and multiplying all together (and the originator signs the product) is more space efficient, but it is I think roughly an order-of-magnitude slower. Why not add instead of multiply since adding is much faster (one assumes hashes are difficult to preimage)?

Correction: the Merkel tree is also more space efficient (as well as being faster), because the intermediary doesn't specify the hashes for all the leaves when writing a proof.



What do you think about anonymint's idea of having a user settable coin age requirement for the feetx? The idea is to slow down the annoyance attacks.

That seems reasonable too.  You are forcing people to expend a finite resource, so they can't spam.  

It could be an issue for people who have just obtained coins and then have to wait a few days to build up coinage.

What I suggested to jl777 in a PM, is that he make it (the coin age, a.k.a. "Coin Days Destroyed") a user-adjustable variable so that users can select the tradeoff between delay for themselves and those counter-parties available to trade with, and depending on the level of jamming present at that time. jl777 referred to it as a "rainy day" insurance, which seems an apt characterization of the suggestion.

I have my strong intuitive (generative essence) sense that I will find a flaw in any method of using a fee to block the attacker who wants to jam the protocol, because the fee can't be atomic with the trade (without also opening a jamming window of interaction), so a window of jamming is always opened. Whereas, the coin age is a finite resource which exists (is committed to) prior to the initiation of any protocol for trading. Also it is impossible to use a mixer to hide the identity of the attacker, since mixing will bump the coin age back to 0.

Note my suggestion hinges on the first interaction with the counter-party in the protocol must bump the coin age to 0 on the block chain (else only a local blacklist can be maintained which is much less robust defense). Otherwise the attacker can reuse the same resource over and over to jam with.

Jamming is the main obstacle I forsee impinging on the viability of TierNolan's decentralized exchange protocol. The next obstacle is the very limited scalability of transaction rate for existing block chains, but that is a holistic problem for crypto right now (meaning it MUST be solved else the crypto currency phenomenon dies).
sr. member
Activity: 420
Merit: 262
Btw, the way valiron handled the first few people who trolled him in this thread is probably indicative of the way I should handle monsterer, but what was more shocking is how gmaxwell and his gang railroaded valiron and even apparently deleted Come-from-Beyond's post wherein CfB had linked to this white paper just today:

http://rakeshk.crhc.illinois.edu/dac_16_cam.pdf

What is incredible is to see gmaxwel (and the other huge egos over there in Bitcoin Technical Discussion) have his arrogant, totalitarian ass (their arses) handed to him (them) by valiron (who is apparently a PhD level researcher) and so what does Gmaxwell do? Today when CfB posts, he locks the thread and does his usual Hitler tactics.

Fucking amazing.

I will do my damn best to make the Bitcoin killer and dethrone Blockstream. I hope you all have noticed that Blockstream's Segregated Witness proposal is a Trojan Horse takeover of Bitcoin.
sr. member
Activity: 420
Merit: 262
Tone Vays at his best! Watch that starting at about 32 min

https://www.youtube.com/watch?v=UmNKd3w1k6Q

I don't understand this...   I don't understand that...   I don't understand the other...   Roll Eyes

Yes those guys made many errors or leaps of faith in their opinions.

One point they forgot to make is that it doesn't matter if Ethereum did their ICO under Swiss laws. The USA has securities law is that if you advertise and market securities to US investors, then you are culpable under US law no matter where in the world you are. They will come after you. KimDotCom will soon learn this that you can't run and you can't hide from the USA. Don't forget that Sweden was involved in trying to extradite Assange and probably turning him over to the USA. And Switzerland has been caving in to USA demands for turning over US citizens hiding wealth in Swiss banks.

And besides, Martin Armstrong has pointed out that the G20 will start sharing information and cooperating on enforcement as of 2017 (when the global economy will collapse in earnest and capital controls will be ramped up significantly).

Btw, I should mention I was awake all night in a long chat with jl777 (i.e. the SuperNet) and he is working on decentralized exchange (and decentralized games such as poker) and I want to make sure those will interopt with the social network I am coding for the launch of my coin. That is your hint on how to find it. I won't be announcing it here.

I suggested to James that he support my "rainy day" suggestion for foiling jamming, by allowing users of the DE to choose a "Coin Days Destroyed". I asked him to see what TierNolan thinks of my idea. James is checking his atomic transfer protocol with TierNolan who wrote the BIP for decentralized exchange.

James is working on income models for the SuperNet, i.e. a very small fee on each DE trade.

James is not a GUI programmer (I am but I don't want to code game front-ends because I don't love playing games at my 50.7 age), so we are looking for GUI programmers who want to receive a % of the fees. We prefer these people be independent, i.e. neither of us want to manage employees.

I am very interested in doing the GUI programming for the social network.



Who is Kayne  Huh

Who cares.  Roll Eyes

Synereo should be coding and stop trying to hype vaporware. Oh yeah the AMPs exist but the social network design is flawed and doesn't exist. And Greg Meredith the main guy of Synereo has been leeching off Ethereum which is another hype driven P&D.

When will you speculators ever learn to just say "No!".
sr. member
Activity: 420
Merit: 262
My filipina gf likes this app Smule wherein she can do karaoke with songs, but smule requires her to pay a monthly subscription to use the app in solo mode and she doesn't have a credit card. Thus she deleted the app. She also deleted the BandCamp app for the same reason.
hero member
Activity: 736
Merit: 500
Very interesting discussions here, long time lurker and follower of your posts TPTB.
Your inputs and comments are truly a asset to all of us.
Sent you a PM several months back, wonder if you ever got it?

IW

Sup homie  Grin Grin Grin
Hey man Smiley
Still remember our convos, we are still moving along with our plans.
You got my email, use that as comunication..

IW
sr. member
Activity: 420
Merit: 262
pre mine is a big no, but i don't care if it is POS or anything else as long as it can survive and its price goes up.

And if there is a premined coin with 1 millions users and growing faster than Bitcoin, then you are just going to let the train leave the station with you left behind because of your irrational bias?

Do you really think you can fork an inertia like that.



If the price of Monero in bitcoin terms can be somewhere around 0.005, it is already very good. I hope that ratio can be kept long term.

The question is, how it can be pumped there.
The answear: by bidding it up there.

The next question is, how it is bidded there.
The trivial answear: by pouring money into Monero and bailing out the dumpers who eventually sell too early.

And why write that if you are confident  Roll Eyes

Obviously the only reason to write that is to try to manipulate the psychology of others and cause them to want to buy so you can dump some.

True confidence comes with silence and massive adoption and feature sets.

Donation funding model or not, BS walks and action talks.



4. Most fundamentally to Synereo's design is I don't see how Greg's math model for the attention model (Reo & AMPs impacts) can be enforced on all nodes. I admit I didn't dig into the math and research he cites in the 56 page white paper (I do sort of understand it conceptually), but i think I don't need to because there is no way to enforce that all nodes will run the same math model. Additionally I think the concept of paying with AMPs to force content to move uphill against Reo is the wrong model, because the value of advertising is orders-of-magnitude smaller than the value that users get out of social networks. Thus the only model that makes economic sense is Reo. Removing AMPs of course destroys Synereo's funding and profit model, so would kill the project. Thus I don't expect them to adopt a corrected design.

Can you elaborate on the bolded part of your statement?

Go back to the prior Synereo thread I linked to and find the link that shows how much download music pays per play funded by advertising. You can see that "Don't Worry, Be Happy" with 30 million plays earned a $1000 in payouts. Certainly the value people get out of the music is worth much more than the advertising and this is apparently why free music distribution sites such as SoundCloud is transitioning away from advertising model towards a subscription and track sales model a la Spotify and BandCamp.

What people want to find on social networks is what other people want to share. They don't want to find what people were motivated to pay to spam them with. The Knowledge Age economy will be about quality of production, not salesmanship.

The entire paradigm of commerce and production is changing to one of merit and social benefit.



I never take any new altcoin seriously.

Then you won't necessarily buy at the very low prices if Bitcoin's adoption and price history is duplicated.

Of course though I agree with you, but I can analyze which coin will be the next Bitcoin so I will likely know it very early. You probably can't.

Yours would be the only altcoin I would not hesitate to buy right off the bat, no questions asked.  And you are absolutely right about my skill set.

Thank you but that also makes me feel uncomfortable. Hopefully you will invest on the merits of the product, not just the developer. There is a big difference between talking here on the forum and performing as a developer. I have to make that transition.

Thanks again for the encouragement.

Maybe I can sign off with this message. Hope so...
sr. member
Activity: 420
Merit: 262
The failure of faucets as a distribution paradigm is an important economics lesson.

What it teaches us if that users only do a mundane activity with no value to obtain coins, then they don't value the coins very much either.

If we want to distribute coins to users and have them place a high value on them, then either they must expend their money (e.g. ICO or cost of PoW mining) or some other way they can express value through an activity.

The design of my marketing plan hinges on this observation.



Not necessarily. If the partitions are provably self-contained then all partitions can be added to the same block without having partitions validate each other.

As long as the block producers are aware of all partitions, this is valid.

But do they have an incentive to? Is the Nash equilibrium lost?

This was one of the issues I had to work through in my design.
sr. member
Activity: 420
Merit: 262

...but my laptop isn't perfect (it sometimes grinds to a halt at 100% disk usage), my super duper new flat screen sometimes pixelates, my old CDs used to jump and skip, and 'always on' is sometimes 'off'.

[...]

Nothing in this world is perfect.

The problem with analogies is category error. Your laptop doesn't fail for everyone. It fails only for you, then you reboot it and learn not to overload its systems. That is decentralization. Whereas when a block chain fails, up to millions of people are impacted.

I have seen many speculators in this forum use this line of reasoning, which basically is "nothing is perfect, pragmatism is how business gets done in the real world".

I am all for pragmatism, but that reasoning does not apply in this case of comparing say Ethereum to for example Monero or Bitcoin, because when a project fails on its fundamentals then it crashes and burns, e.g. the fork of Stellar's consensus algorithm (which was copied from Ripple) before SCP was invented nearly destroyed the Stellar project. That argument about pragmatism does apply in other contexts obviously. I used pragmaticism when I created CoolPage. It in fact never did import HTML but yet it was very popular as an HTML editor because people liked the easy-to-use pixel perfect WYSIWYG placement of photos and text.

Bitcoin's promised Nash equilibrium has never failed (well there was a bug once or twice that required centralized intervention). It was always specified that the 51% attack is a threat. We can say that the 65% of the hashrate that the Chinese miners allegedly control has enabled them to veto the adoption of any block size increase and they effectively have 51% attacked Bitcoin presumably so they can drive transaction fees higher so they can increase profits for the oligarchy they have controlling Bitcoin (and I read yesterday they are also blocking Classic's doubling to 2MB).

So therefor and also including the scalecopalyse ongoing, that Bitcoin is not perfect. However the salient distinction is that Bitcoin has performed exactly as the white paper said it would. Even Satoshi had admitted that Bitcoin would likely become centralized over time in order to scale.

So Bitcoin has been basically perfect to its specification. Bitcoin has been reliable to the specification and I for one have been working on how to solve the issues that Satoshi did not attempt to solve w.r.t. to scaling and centralization. I think I have that solution and I am working on specifying it formally and implementing it (if I can stop foruming!).

Whereas, so many of the alt-coins have either no or insufficient specification (e.g. VanillaCoin, Ethereum, MaidSafe) or their specification is flawed and can't every work at all (e.g. Ethereum, Storj, Filecoin, etc). There is another class of specifications that is very thorough and will work but only with centralization that they do not fully admit in the specifications (e.g. Ripple, Iota, Stellar's SCP).

Click the links in the prior paragraph for the gory details.

In my next post in this thread, I will try to further explain why Ethereum can't adhere to its implied specification (and I write 'implied' because afaik there is no coherent specification for Casper, one has to piece together the puzzle from presentations by the developers).
sr. member
Activity: 420
Merit: 262
The point about standing up decentralized nodes with Docker is a worth while technical point to be aware of.

However it still doesn't change my opinion that Synereo is building the wrong model for decentralized social networking.

What is your main objection to the model that Synereo is using?  Is it based on the thought that asymmetric connections will lead to ISPs blocking connections for Synereo data nodes or your thought that all PoS systems will centralize?  While I agree that all PoS blockchains will centralize to an extent around the holders of the PoS tokens, I don't think that is necessarily a detriment to the system.  I've stated before that as long as the currency holders have direct proportional input to the security of the chain based on their holdings that I think centralization around these parties is acceptable.  Your opinion is that this is unacceptable centralization and my opinion is that it is the currency holder's right as long as participants aren't forced to join the system.

1. Synereo is based on Ethereum and Ethereum can't ever work technologically. I detailed my reasoning and specifically what I think is Greg's myopia on Ethereum's future version named Casper (which Greg Meredith is involved with on the math for consensus-by-betting). (Will be adding more on that technological point soon in the linked thread)

2. Synereo is based on decentralized file storage for sharing content (such as music, videos, etc) and this can't ever work technologically (review all my posts in the linked thread) at least as currently envisioned by all the decentralized file projects I am aware of. I also proposed a solution in that linked thread, so perhaps you might want to pass it along to Greg.

3. PoS has failure modes which don't sustain Nash equilibrium. I have some links and posts in the Ethereum Paradox thread which expand on that point.

4. Most fundamentally to Synereo's design is I don't see how Greg's math model for the attention model (Reo & AMPs impacts) can be enforced on all nodes. I admit I didn't dig into the math and research he cites in the 56 page white paper (I do sort of understand it conceptually), but i think I don't need to because there is no way to enforce that all nodes will run the same math model. Additionally I think the concept of paying with AMPs to force content to move uphill against Reo is the wrong model, because the value of advertising is orders-of-magnitude smaller than the value that users get out of social networks. Thus the only model that makes economic sense is Reo. Removing AMPs of course destroys Synereo's funding and profit model, so would kill the project. Thus I don't expect them to adopt a corrected design.
sr. member
Activity: 420
Merit: 262
Thanks guys. Apologies but I feel I need to STFU and do some coding. I am trying to finish my points about alt-coins in general on this forum, and I hope today.

I will catch up with you guys once I get my head back into programmer mode instead of foruming mode. Thanks.
legendary
Activity: 1428
Merit: 1001
Fucker of "the system"
Very interesting discussions here, long time lurker and follower of your posts TPTB.
Your inputs and comments are truly a asset to all of us.
Sent you a PM several months back, wonder if you ever got it?

IW

Sup homie  Grin Grin Grin
hero member
Activity: 736
Merit: 500
Very interesting discussions here, long time lurker and follower of your posts TPTB.
Your inputs and comments are truly a asset to all of us.
Sent you a PM several months back, wonder if you ever got it?

IW
legendary
Activity: 1428
Merit: 1001
Fucker of "the system"
here let me get you started

we are forking this  http://www.trsst.com/

we have successfully migrated bitcoinJ

we are currently implementing it  as seen here https://github.com/achow101/trsst

the basic idea is this  when u create a new post u get 1/2 a bubble . when someone follows u they pay u 2 bubble . when they repost your post they pay you 1 bubble.
so It actually is a self monetizing system powered by altcoin. The real beauty is people have to "build their Bubble" on their machine / server so more servers means better access to their content etc. eventually i want to build in a marketplace and an ad engine where users can promote goods or content or whatever. this is a labor of love as I will be using all my coins to fund new posts via POS system.  I will most likely spend alot but recieve nothing back. (except status i hope lol)

The product name and logo is well done. Not sure the name fits the site use, but its still catchy.

Problems I see so far are:

1. Users hate being nickel & dimed by microtransactions. You are essentially putting a paywall in their face. Not good for adoption.

2. I think you will have huge trouble with posting spam.

3. What is POS system? Point-of-sale? Note proof-of-stake has Nash equilibrium flaws.

4. What is the use case that will drive adoption? Just being geeky cool is not necessarily enough to drive the minimum inertia needed to make it worthwhile to use Bubble. If not enough people use it, then it is not worth using it.

5. A labor of love is perfect if you have the plan sorted. I don't like to involve in plans that will fail. I am 50.7 years old and I don't have the youth you have to justify my effort in failure for the experience or whatever intrinsic values you might be contented with. I am interested in your love for what is not too distant from what I am also working on. Perhaps you need some help on making this succeed in a big way. I will be private messaging you. Apologies for replying in public, but I wanted the forum to know I did give you some feedback and to be able to see what sort of feedback I give on a topic such as this. Let's take our further discussion private now.

Edit: okay I see you are not the programmer and you began developing this project less than a month ago but you do logo design and you are a first year student studying marketing?
Yea the project actually was born out of a paper i wrote for school trying to explain how you could use crypto to develop a buisness model.. this is kinda not exactly that but its based off the ideas i came up with [url]here [https://www.linkedin.com/pulse/project-development-customer-tracking-cryptocurrency-mc-glauflin?trk=prof-post/url]

I am studying programming and my degree is in software systems engineering, But  I consider myself more of a "Projact developer". i dont exactly have all the skills yet to do the work on my own, but I do have the skills to put it together enough to where someone else can do it from my design. I actually wanted to do something much bigger but as i learned more i realized just how hard that would be for me alone so i settled on this as a way to prove the concept. Its really about self monetizing a system with crypto. social media was just the"lowest hanging branch "  it could really be done with anything. I think this platform will just be the easiest way to prove it.

"The product name and logo is well done. Not sure the name fits the site use, but its still catchy."
thanks I did this all myself. I used to do billboard ads and have done other stuff. remember rave parties lol.  I was a party promoter (like i put on shows) in my early 20's
The name bubble fits just fine-- lol on so many levels.. build your bubble chat bubble and of course the economic bubble that altcoins have been called.

lets go ahead with questions

1  i dont really follow.. i think earning coins through content is a fine distro.  it will (hopefully) give users a way to earn bubble and build their presence without having to spend too much on it.. It will already require a small investment in hardware ( A dedicated machine bandwidth and storage)

to use your own words
"
Additionally it is important to understand that microtransactions will never be viable for any activity except where there is no other way to monetize the activity:
"
I think this is a fair analogy. I dont really know how much your Meme of some douchbag being the "King of Douchebags" is worth. most likely a few pennies. so i think is this scenario microtransactions are exactly whats needed.

2 Not really worried about this at this time.  first we need users to spam it lol.  if this "loophole" allows for more users to connect in the beta phase than this is fine. fine tuning will be done later. I just want a basic barebones setup for me to build out.,

3 The pos is actually HiPos not a percentage but a fixed rate.

4 This is a hard question and a very good point. I hope that users own content and desire to be heard drive the use of the project and it gives a way to content creators to make a lil something for their content. also  there it is really planned to be a fully functioning marketplace with a user supported ad engine-- what i mean by this is u can post items with a click to buy button and advertise it. -- this will be a year or two down the line as this is what I want to build myself. Just to prove my mettle  

5 Your age and wisdom is actually considered a highly prized asset. I myself am only 35  but I have built things and developed ideas to their final goal several, times already. I am not afraid to fail moreover, i am not afraid to win.
sr. member
Activity: 420
Merit: 262
Last post for hopefully a week or so:

As JPM guy explains, interesting to note people are not fleeing to the safety of paper or bank deposits, but gold.

The anchor in the video also mentions that every defensive trade is so crowded right now, the reply is that people are just treading water. To me this is another small sign of the crowding into sovereign bonds.

http://www.zerohedge.com/news/2016-02-11/jpm-ficc-head-people-have-more-confidence-gold-bank-deposits-or-paper-money

speaking of crowded defensive trades, physical fiat cash is clearly being delineated as a different form of money to digital fiat bank accounts, being subject to bail-in, confiscation, freezes, bank-holidays, etc. I'm expecting at some point to see physical fiat cash trade at a premium to digital fiat cash, as much as bearer bonds have and bearer stocks have versus their counter-party impaired representations in the past.

Also I think this is a large part of the drive behind outlawing physical fiat cash is because it represents a bearer instrument and they have gradually side-lined or outlawed other forms of bearer instruments over the years. Bitcoin, gold and physical cash, stock certificates (if you can get them) should all be held closely.

Bitcoin is a bearer instrument par excellence in the digital realm.

In theory, the best bearer instrument would be a crypto currency that is widely used by the masses for microtransactions, because the government would find it impossible to ban or crack down on a social networking phenomenon involving zillions of small transactions all over the globe.

It would also help a lot of the full nodes centralization problem of all existing crypto currencies was fixed; and fixed in a way that enables secure instant transactions.

I switched from an anonymity focus to this new focus. I am implementing now. Stay tuned.

The issue is the vast majority of the population will be perfectly happy with the new world order

Not necessarily. It depends. They are fattened and appeased right now because the "free" debt money spigot is open wide. On the backside of 2017, they are not going to like the pain, which will open opportunities to get them interested in online commerce so they can earn some income during the downturn coming. The elite know this and that is why will try to lock everything down with capital controls from 2017 to 2020 at least, so they can complete their global monetary reset.

So the key is to work on projects which won't be in violation of any capital controls. Think small such as microtransactions. The government can't possible put capital controls on microtransactions.

I have a specific plan now (which wasn't formulated when I spoke to you all in private) and it is doesn't involve air drops to n00bs. Also I have diversified my plan so that if the crypto currency aspect of my project fails, I will still have the social networking aspect which I can continue.
sr. member
Activity: 420
Merit: 262
Correction: China's pools may not be getting all their hashrate from inside of China, but this does confirm their 65% share of Bitcoin's hashrate. That would impact the upthread post I made alleging they had to be lying about the impact of the Great Firewall (GFW) of China. However, I still expect that most of the hashrate is coming from within China. And besides even the hashrate is coming from outside the GFW then the claim of the Chinese mining cartel is false as well (since they could put a pool abroad as well). So either way, the lie I alleged remains valid!

The Chinese mining cartel had claimed that the GFW made it impossible to support a block size increase. I argued upthread (to smooth) that this was a lie because the verification and pool could be abroad and only the hash of the block would need to be sent across the GFW thus the low bandwidth of the GFW wouldn't be a problem for the Chinese mining cartel. I thus concluded that the Chinese mining cartel had another motive for keeping the block size small and that might be that they want to drive transaction fees sky high, which is what the Tragedy of the Commons that I predicted in 2013 expects would happen. And even ArticMine recently graciously admitted I may have been one of the first to predict that.

Note that effectively the Chinese mining cartel have 51% attacked Bitcoin, by preventing an upgrade to larger block sizes (even I read that Classic's doubling to 2MB has been refused by 70% of the miners). Upthread smooth and I stated it doesn't matter which side of the block chain size fence you stand on, the ability of anyone to dictate the outcome by themselves, means they control Bitcoin and thus have 51% attacked it (i.e. centralized control over the protocol).

Note smooth did express the opinion upthread that the distribution of miners in the Chinese mining cartel might be decentralized thus should not be characterized as a cartel. I believe I retorted that they have just effectively acted as a unified cartel.
sr. member
Activity: 420
Merit: 262
here let me get you started

we are forking this  http://www.trsst.com/

we have successfully migrated bitcoinJ

we are currently implementing it  as seen here https://github.com/achow101/trsst

the basic idea is this  when u create a new post u get 1/2 a bubble . when someone follows u they pay u 2 bubble . when they repost your post they pay you 1 bubble.
so It actually is a self monetizing system powered by altcoin. The real beauty is people have to "build their Bubble" on their machine / server so more servers means better access to their content etc. eventually i want to build in a marketplace and an ad engine where users can promote goods or content or whatever. this is a labor of love as I will be using all my coins to fund new posts via POS system.  I will most likely spend alot but recieve nothing back. (except status i hope lol)

The product name and logo is well done. Not sure the name fits the site use, but its still catchy.

Problems I see so far are:

1. Users hate being nickel & dimed by microtransactions. You are essentially putting a paywall in their face. Not good for adoption.

2. I think you will have huge trouble with posting spam.

3. What is POS system? Point-of-sale? Note proof-of-stake has Nash equilibrium flaws.

4. What is the use case that will drive adoption? Just being geeky cool is not necessarily enough to drive the minimum inertia needed to make it worthwhile to use Bubble. If not enough people use it, then it is not worth using it.

5. A labor of love is perfect if you have the plan sorted. I don't like to involve in plans that will fail. I am 50.7 years old and I don't have the youth you have to justify my effort in failure for the experience or whatever intrinsic values you might be contented with. I am interested in your love for what is not too distant from what I am also working on. Perhaps you need some help on making this succeed in a big way. I will be private messaging you. Apologies for replying in public, but I wanted the forum to know I did give you some feedback and to be able to see what sort of feedback I give on a topic such as this. Let's take our further discussion private now.

Edit: okay I see you are not the programmer and you began developing this project less than a month ago but you do logo design and you are a first year student studying marketing?
sr. member
Activity: 420
Merit: 262
The issue is the vast majority of the population will be perfectly happy with the new world order

Not necessarily. It depends. They are fattened and appeased right now because the "free" debt money spigot is open wide. On the backside of 2017, they are not going to like the pain, which will open opportunities to get them interested in online commerce so they can earn some income during the downturn coming. The elite know this and that is why will try to lock everything down with capital controls from 2017 to 2020 at least, so they can complete their global monetary reset.

So the key is to work on projects which won't be in violation of any capital controls. Think small such as microtransactions. The government can't possible put capital controls on microtransactions.

I have a specific plan now (which wasn't formulated when I spoke to you all in private) and it is doesn't involve air drops to n00bs. Also I have diversified my plan so that if the crypto currency aspect of my project fails, I will still have the social networking aspect which I can continue.

...if I can help to secure some VC funding for them. IMHO that's what you need as well: to formalize your operation and go with a serious VC or group of angel investors. I understand you can get some support here but the trouble which comes with the money from this platform simply does not worth the support. You have to explain all day long to speculators, young, inexperienced and uninformed "investors" every steps you do. I think you would be in a more desirable position, more productive and eventually more successful if you would work with VC investors instead of trying to get support on this platform.

I had enough offers for angel funding before ($100,000+) June that I tried to find a programmer to work with me. But it is very difficult to find programmers at my level who are willing to work for a smaller payscale and not also burden the coin with a huge premine. And to increase their pay means a larger angel investment which also could create a huge premine, depending on the terms. I find it very slow to conceive of stopping my coding now to try to go organize that. I am thinking I can get a rudimentary launch done within months and from there generate the funding necessary to refine it further with a small team of developers.

When selecting a team of developers, I would much rather select from a larger pool than here on this forum. I want people who are smarter than me and who are easy to work with. Also I think it is easier to select such people once you have an code base so you can see how developers perform on the actual type of work needed. And how the communication load scales. Some pairings of people just aren't able to communicate efficiently to each other, or have misaligned outlooks. Company culture is critical to success. It should feel like a slumber party in order to be successful.
legendary
Activity: 1428
Merit: 1001
Fucker of "the system"
i like this guy !  thanks for your kind words on the bubble project pm'd you hoping we can chat more.  sic semper tyranus!
sr. member
Activity: 420
Merit: 262
[...]

Monero has solved nothing and has the same insoluble “scalepocalypseTragedy of the Commons collapse economics as Bitcoin.

Btw, I know how to solve this problem and the solution will be in my coin. Iota appears to have solved this problem as well, but my analysis concludes Iota will fail to converge without centralization of the system as well. The only distinction of what I am proposing to do in my coin is that the verification cost centralization is under the control of decentralized payers. Iota can't do this because  if the payers don't stay with the same centralization, the convergence is lost. Whereas, in my coin design the payers can move their PoW shares at any time, because my design has a longest chain rule.
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