Topic: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin? - page 20. (Read 95256 times)

Yeah that idiot TPTB thinks every anonymous coin should have a viewkey, but you are correct that Monero should be shunned because it enables auditing!

Mega Kim.Com is our hero! He is a marketing genius (who studied under Charles Ponzi's mastery of manipulating human psychology) cleverly amasses $100 million by charging us small commissions to provide Bittorrent links so we can steal all the content we love (from our beloved artists or from Hollywood) and be free of the censorship that we can't otherwise post to our blog for free access to readers.

Yeah we love Hollywood's content because we love a model of interaction wherein we are dumb zombies who do not create content but sit in front of the TV. Because long live TV and the model of non-interaction as content!

Yeah you are so smart and TPTB is so dumb. Thank you immensely for leading your generation to the truth. Amen.



Yeah let's move the goalposts and nobody will notice. That is just a little secret between you and I. 

Yeah the word 'decentralization' is always correct, even when the concept of decentralized file storage has the inviolable issue of enabling copyright theft until an algorithmic identification of sameness is invented.

Thank you for your understanding. Well I don't plan on failing! The main issue is the one I can't entirely control (yet)...

The main issue I am still struggling with is my health. Because I relapsed this week, I increased my intake of 80% concentrated curcumin extract (w/piperine) to 30 grams per day! (mixed with locally fresh cold pressed coconut milk/virgin oil). That means 1 kilo per month! And that is concentrated extract thus equivalent to consuming 100 kilos of tumeric monthly.

The result is I want to sleep always. But I think that is good. After I sleep, I awake with some energy and feel good for perhaps 4 hours. But then I take more curcumin and I feel sleepy again.

It seems I am so messed up in my pancreas/gall bladder/colon area, that it will require either surgury (but no MRI or diagnosis yet) or it will require massive doses of curcumin and massive sleep (I assume sleep is the body's way of repairing damage).

So all I can say is the curcumin extract treatment is very active in the area of the problem (gut/digestion) and seems to be efficacious in terms of calming the systemic imflammation and improving disgestion and (frequency/stool quality of) defecation. And it is causing me to want to sleep so much that it limits the hours I can be awake to work. And I can't yet discern whether it is actually curing my gut issue. I have some signs that cause me to believe it may be. But I can't yet detect for sure. I think this fight for cure is one where I will struggle while undergoing the cure (I do imagine there is really cancer in there and I am attempting to shrink the tumor with the curcumin). So much guessing bcz I haven't a MRI. I contemplate going again to try to get a doctor here, but then again I'd rather expend my time trynig to work. I will pursue the curcumin for some more weeks before deciding what to do next on my health issue.

About the work in front of me now, first step is I am working on the memory hard PoW function. After that, I will investigate the XXXXXXXXXXX issues. Then I will be able to make some sort of estimate as to whether I think we can do a quicker launch and ramp from a rudimentary set of features, or whether I really need a year of coding before launch.

I think our window of opportunity is more limited than you think, because everyone is searching for the solution to Bitcoin's scaling problem. And others are starting to get wind of the idea of combining social networking and crypto [e.g. GetGems]. I think we need to strike now asap. Also yes I need money to go abroad [for medical diagnosis].

I made this same point in either 2013 or 2014.

Afaics, the only solution is unprofitable PoW which is the design I am now pursuing.

Correction follows.

It will be impossible to design a memory hard PoW that is not electrically more efficient on an ASIC, unless the hash function employed (for randomizing the read/writes over the memory space) is insignificant w.r.t. the RAM power consumption, which is probably not going to be the case in any design where that hash function has sufficient diffusion to be secure.

The only way to make an ASIC resistant PoW is for the proving computation to be memory latency bound, because DRAM latency can't be improved much in general (whereas hardwired arithmetic computation and memory bandwidth can be accelerated with custom hardware):

http://community.cadence.com/cadence_blogs_8/b/ii/archive/2011/11/17/arm-techcon-paper-why-dram-latency-is-getting-worse
http://www.chipestimate.com/techtalk.php?d=2011-11-22

However, what a GPU (which starts with 4 - 10X worse main memory latency than CPUs) and especially an ASIC will do to get better DRAM amortization (if not also lower electricity consumption due to less latency) is run dozens or hundreds of instances of the proving algorithm with the memory spaces interleaved such that the latencies are combined and amortized over all instances, so that the effective latency drops (because reading from the same memory bank of DRAM is latency free if multiple accesses within the same bank are combined into the same transaction). This can even be done in software as interleaved memory spaces without needing a custom memory controller. More exotic optimizations might have custom memory controllers and larger memory banks (note I am not expert on this hardware issue). This is probably why Cryptonote includes also AES-NI instructions because GPUs have only at best at parity in performance per watt on AES, but that won't be enough to stop ASICs.

However that optimization for ASICs will bump into memory bandwidth limit so the amortization will have a limit. Theoretically memory bandwidth can be increased with duplicated memory banks for reads but not for writes!

Using larger memory spaces in a properly designed memory hard PoW hash function (not Scrypt) can decrease the probability of that instances will hit the same memory bank within a sufficiently small window of time necessary to reduce the latency. Also using wider hash functions (e.g. my Shazam at 2048 to 4096-bits) reduces the number of instances that can be interleaved in the same memory bank (and standard DRAM I think has bank/page size of 4KB?). The ASIC can respond by designing custom DRAM with larger memory banks and run more instances, but that not only raises the investment required but the memory bandwidth limit for writes seems to be an insurmountable upper bound.

So although I think a memory hard PoW hash can be made which is more ASIC resistant than current ones, I think it will be impossible to sustain parity in hashes/Watt and hashes/$hardware. Perhaps the best will be within 1 to 2 orders-of-magnitude on those.

So all profitably mined PoW coins (with sufficient market caps) are destined to be centralized into ASIC mining farms running on cheap or free electricity, but the scale and rate at which this happens can be drastically improved over SHA256 (Bitcoin, etc).

My design of unprofitably mined PoW will only require that the difficulty from the PoW shares sent with transactions is sufficient to making ASIC mining unprofitable for the level of block reward offered. Keeping the CPU implementation of the PoW prover within 1 to 2 orders-of-magnitude of an ASIC implementation reduces the level of such aforementioned difficulty needed.

I hope I didn't make another error in this corrected statement. It is late and I am rushing.

Following this thread and the name speculation, I never quite understood why the hurry to lock in the name, the development can go on without knowing the final name. If it takes 6 months of coding, you could come up with the best name after 5 months and 3 weeks and it still wouldn't be too late.

That is great! It is much easier to be productive when you are feeling well. How is the coding for neㄘcash, ᨇcash, net⚷eys, or viᖚes going? Any estimation on when it will be ready for alpha testing?

I am enjoying life again. No words can express what it feels like to not be sick everday for the past several years.

Hope this sustains. High dose curcumin extract was the ticket out of hell (so far). I am about a week into this improvement.

I am enjoying life again. No words can express what it feels like to not be sick everday for the past several years.

Hope this sustains. High dose curcumin extract was the ticket out of hell (so far). I am about a week into this improvement.

This is the essence of the debate I was having with professor JorgeStolfi (which I had to put on temporary hold bcz I am so busy on my software project, I had PM'ed him saying I was sleepless, incoherent, ill, and regretted opening the debate when I wasn't capable).

The key is to understand that when a human creates order, he destroys some Coasian barrier to knowledge and via the social network increases the degrees-of-freedom in society thus leading to higher entropy.

I alluded to these processes in the ~2010/11 essay I wrote which is linked in the OP of this thread, and also the Information is Alive! essay I wrote in 2012.

This is why I am now hyper focused on social networking and crypto currency, no longer anonymity. Anonymity fosters barriers thus potentially decreasing entropy.

Paying users to view ads is not an economic model (ditto paying users to solve CAPTCHAs such as for crypto coin faucets). If it was, many sites would be doing it successfully and teenagers and third world would be employed doing it.

Economics and game theory seems to be one of my forte or at least interests/hobbies, so let's take a tangent and start by analyzing economically Ello's business model:



The problem is that due to centralized control, Ello is putting itself in a position where it has to compete against others who might want certain features which ameloriate other features which Ello has a vested revenue interest. It is simply impossible for a centralized, top-down controller to remain impartial. Some users may want some feature which provides some necessarily benefit to those users but in some other way actually bypasses the need to buy a different feature from Ello. These users presumably won't be free to program a plug-in that destroys Ello's revenue stream, just as no one is allowed to program a App plugin for Facebook which displays advertising.

Ello has just shifted the enslavement problem from ads to paid features.

And their claim of anonymity and defense against national security gag orders is BULLSHIT. They can't guarantee those attributes being a centralized entity. Furgetaboutit.

So right off at the start, we see Ello's principle founder is not thinking clearly or is disingenuous.

Not to mention that a site which charges for features can't scale as well as one that gives everything users want away for free. Nevertheless Facebook and SoundCloud are also restricting and harming some (but is it significant enough?) users as well, so maybe there is a better balance. Is it Synereo's decentralized design? I will continue the analysis.

I can say with near certainty that unless you offer some compelling feature where all their friends will want to join, users here in the Philippines will not be interested in leaving Facebook where all their friends already are.

---

Understand from the upthread guessimates, that Tsu's and GetGems' business model is fundamentally flawed (probably also in other ways):

[...]

No offence was intended

Let me know please if you find out anything interesting!

AltcoinUK please don't try to interpret my recent post in the context of any of innumerable marketing ideas I've floated for my vapor coin in the past. My prior reply to you was directed to a marketing strategy for Zcash and had nothing to do with my vapor coin other than I mentioned I am researching decentralized social networks (which doesn't necessarily have anything to do with prior marketing ideas I have floated publicly or privately).

Btw, if you follow the link in my prior reply to you, you will find a post where I summarized the things my 26 year old Asian gf (we live in Mindanao) doesn't like about Facebook, and sure sounds like she would prefer a decentralized social network with freedom to customize if she wouldn't lose the things she likes about Facebook (mainly all her contacts and slick UI/content). She is often installing new apps from Google Playstore to customize her photos and compose them into silly videos and others of her interests. So being able to customize her social network will fit right in with what her generation wants.

Ethereum won't get any where near the adoption and network effects of Bitcoin any time soon. Will take years, e.g. no localbitcoins.com for Ethereum.

Meanwhile yours truly will usurp all of this shit and deliver a coin with > 1 million users before the end of 2016 (or at least the coin will be launched in 2016 and million(s) users will be attained soon thereafter). But I won't be telling you about it here on Bitcointalk.org. You'll have to find it or hear about it (which of course you eventually will if I succeed in my plans, but you will need to digg if you want to get in earlier).


See below for why I think perhaps Blockstream's Segregated Witness appears to be Trojan Horse designed to fork Bitcoin to support Sidechains and allow Blockstream to take control:

Apparently you don't understand that you are talking to someone who is much more astute than you and more so than most of the guys on this forum.


You have a reading comprehension handicap. Try again:

The ad has been brought to you by a Vanillacoin (the plagiarist, anonymous developer "JohnConner" coin) shill.

What am I advertising? There is nothing for speculators to buy from me.

Except that it is neato technobabble that doesn't speak to the fundamental design flaws and Sybil attacked (given the insiders own most of the coins) masternode economics in Dash-o-scam.

If you want to compare design and meager career accomplishments of myself to Evan, my LinkedIn is public. (photo was taken January 2015 at age 49.5)

As for your opinion of my skills, I blithely don't care and I recommend to myself a proactive stance of not giving a rat's ass of caring about your opinion of me. Because your opinion is irrelevant to the tasks and goals in front of me. I only have to care about my health and my production.

Should I bother to state that you come across as a person who has an attachment to a scam that has piss poor design fundamentals, and thus you lack discernment. So why should I care what you discern about me. Clearly your appraisals are consistently incorrect.

Note I am not even saying that all the programmers of Dash are incapable. I am saying it is all allegedly based around a scam, so if the allegations are true (and some convincing evidence has been presented) then it is impossible for them to make the design such that it would destroy the scam aspects such as we can presume the insiders continue to collect ROI from running most of the masternodes since they stole most of the coins in the instamine they tried to hide from the public or blame on a programming error and subsequent elimination of the future emission that was originally promised (so the insiders wouldn't be diluted and control the float buying from themselves on the exchanges to artificially inflate the price and market cap fooling speculators into putting their money into Dash which the insiders take out of Dash).

If that was even a model that could scale and help the world, I might even look the other way regarding the alleged insider manipulations. The issue for me is Dash-o-scam hasn't a snowballs chance in hell of ever attaining any real usership, so that for me is a failure for our goals for crypto currency. I am particularly perturbed by the audacity of Evan to prepromote Evolution as some phenomenal technological breakthrough when he can't change the underlying masternode scam. And he doesn't share any of his research in public for peer review (as I do!) so he can't possibly get his design correct without our peer review. I pointed out a high school error in his math in the InstantX white paper.

You Dash shills (insiders) will continue to make nonsense rebuttals and I don't have time for it. Go ahead, but your days are numbered.

Yep he built an instamine scam with presumably ongoing scam via controlling most of the coin supply, masternodes, and float.

Yep he is more of an authority than me on scams that work.

I was writing about design and marketing skills for scaling adoption, which clearly my resume is INFINITELY (any number divided by 0) superior to Evan's (the dude has absolutely 0 experience in scaling internet s/w to the masses). My CoolPage s/w (one man company!) scaled to 335,000 websites created as verified by altavista. And over 1+ million downloads (probably much higher in the realm of 5 million but I never tried to estimate it) when the internet population was 1/10 of its current size.

the other main reason is because corporations have the incentive and means to actually understand the difference between for example Dash or Cryptonote/Monero and Zcash's zk-snarks, and they have an incentive to adopt privacy on public block chains, whereas outside of our small libertarian echo chamber, the mainstream demographics of individuals do not care

I explained all of that above in terms she could understand, but I also made the point that the masses are blithely unfocused on the implications of ubiquitous government surveillance because they are not impacted by it now and they are focused on what they want and need. Thus I think a focus on DIY culture and decentralized social networking might be the most effective means for the long-term political-economic fight ahead

Any business plans which aim monetize secure, encrypted communication or anonymity is a fantasy. Due to the incoming laws such secure, encrypted communication that hides the content from law enforcement won't be tolerated by the government.

Very difficult to understand what Martin Armstrong is saying for the first minute or so, then the audio improves somewhat.

I liked his point about the reason the 99% have no networth because their savings was invested in Social Security (via the FICA tax) and not invested in the DJIA when it was 1000 (now ~16,000).

He explains the plan that elite have been implementing
[...]

Thanks ArticMine.

Yes I am aware that the proposed legislation in the UK (also afaik similar legislation proposed in the USA, UK, Canada, and Australia) only applies to service providers who offer encrypted services, not to open source code which users independently obtain, compile, and run on their own initiative. I was vaguely aware of this pending legislation and then I became more focused on it during my private discussions last month with the GadgetCoin team who have a P2P streaming technology named Streemo. The governments are not stupid to try to ban activity they can't possibly enforce (thus making the government look impotent), i.e. the government can't monitor/enforce against what each private citizen does in their home.

But I argue effectively the direction is to ban end-to-end encryption in general that does not provide a back door to national security agencies. The government can regulate the ISPs (internet service providers) and ban end-to-end encryption protocols that do not include a decryption key for national security agencies. I have also explained that using home computers as servers over asymmetric upload bandwidth home ISPs is a Communist economic plan (as I warned Bittorrent back in 2008 and offered them an economic solution for their tit-for-tat algorithm but they ignored me). And that protocols which allow illegal activities from unregulated home servers will be banned by ISPs and hosting providers. If you know of any technology to hide a protocol's patterns such that ISPs can't identify it, please enlighten me. There is some discussion of "Censorship resistance" in section 2.4 of Synereo's white paper, but that still seems to be inadequate.

Simply put, it is impossible to fight the government when there are choke points in the system which the government can effectively regulate. This is just common sense.

I added the following to that question for Zooko:

Bold my emphasis. The proposed legislation in the United Kingdom does not ban end to end encryption. What it does however is to require those companies that provide proprietary encryption products to retain a back door key and make this back door key available to law enforcement. http://www.telegraph.co.uk/news/uknews/terrorism-in-the-uk/11970391/Internet-firms-to-be-banned-from-offering-out-of-reach-communications-under-new-laws.html?utm_campaign=Echobox&utm_medium=Social&utm_source=Twitter#link_time=1446482200 There is a critical difference here in that FLOSS end to end encryption tools remain perfectly legal and secure while proprietary end to end encryption tools would have a back door. This is not unlike the FinCEN guidance in the United States https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html where proprietary development funding models for crypto currency (using the emission to fund development) will likely lead to a legal requirement for MSB registration while FLOSS development funding models can retain their decentralized virtual currency designation and avoid the MSB registration requirement. In Canada there was a proposed law that did not pass that required providers of email servers to retain records for law enforcement with an exception for those who ran their own mail server from their own homes.. A more relevant question to ask would have been: Given that you plan to use a portion of the emission over the next 4 years to fund your company, have you registered as an MSB with FinCEN or have you obtained guidance from FinCEN that MSB registration is not required in your case?

The pattern here is starting to become apparent. Click I agree on some company's terms for the use of proprietary software and become a slave, click I do not agree and use FLOSS tools instead and remain free.

Edit: please be aware of a rebuttal by ArticMine (afaik is a Monero/Cryptonote developer) to my question about a possible ban on end-to-end encryption, also note the desire for an answer concerning registration with FinCEN for your plans to fund your corporation or foundation with an 11% royalty on currency emission (creation). Note I also mentioned that FinCEN issue in the "Fundamental challenges?" thread at the zcash forum. I have suggested you consider doing an ICO instead, and I think it would be wildly successful. IANAL so please do consult your own counsel, yet I will will make you aware of a thread of discussion I launched about whether crypto currencies are illegal unregistered investment securities under the Supreme Court "Howey test" in the USA. It seems likely that ICOs are illegal if openly offered to unsophisticated USA investors unless the ICO is registered with the SEC. The "Howey test" seems to be misconstrued by most interpretations and the Supreme Court explicitly stated that no obfuscation of the economic facts would diminish the efficacy of the intent of the securities law protection. Also there is some discussion about the interpretation of the FinCEN guidance which is an orthogonal issue to SEC regulations. The EU may have other regulations as well.