Pages:
Author

Topic: node.js coins (Read 1574 times)

sr. member
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
September 19, 2014, 06:02:32 PM
#22
NODECOIN IS THE BEST  Cheesy
sr. member
Activity: 434
Merit: 250
September 19, 2014, 03:37:07 PM
#21
The approaches of Node vs Crypti have been totally different in terms of how they've arrived in the world. 

Crypti has been a masterclass in how to put a launch and system together.

Node's been pretty chaotic all along but the developers have always delivered in the end. I think it has plenty of unique developments still to come in the future. We'll see whether the wider world picks up on it.

Both projects need to properly open source, so they can get community assistance on known problems.  If you de-obfuscate and inspect both you will find some "obvious" oversights.

Node has two critically fatal flaws, as I see it.  The first is related to their build process, which leaves users open to known attacks against nodejs.  (Crypti has some of the same concerns, but is not as directly affected and it is at least easier to circumvent their build and use your own nodejs version.)  The second is related to their implementation of proof-of-activity forging, where a modified version of the client can build a chain of artificial activity offline, and present it to the network to double spend.  I brought the first issue up on their thread, but it never seemed to get addressed, as far as I know.  The second issue has been brought up quite a few times by others, both in their thread and elsewhere, so I haven't approached it.

Node also has another little problem where its ledger does not appear to balance.  In other words, there appears to be a (relatively very very very tiny, heh) surplus of coins with a few having been created out of thin air.  The bug that was used to do this has apparently since been fixed, and the developers claim that no excess coins exist, but as of the last time I scanned their blockchain, a few weeks ago, they were still in there.  I'm concerned that the model may allow for similar bugs.

Crypti appears to be vulnerable to classic "nothing at stake" related attacks, though I haven't really tried modelling an exploit for it. I also haven't done a scan over crypti's ledger because their de-obfuscated code is not as easy to instrument.  This has been on my TODO for some time now.  Crypti's code also appears to be lacking implementation details for some of the features referred to by their team.

It is ironic to me that both of the nodejs coins are trying to do closed, walled garden development.  To think they could even "close" their source in the first place exhibits a basic misunderstanding about the fundamentals of the javascript language (as well as computer science in general, and simply typed lambda calculi specifically) that concerns me.  I've raised the concern of lack of source to both projects, and was basically told where I could shove it, by both, despite even being an active investor.

I've said before: someone should come in with a proper implementation of coin for nodejs, open source and with a focus on actually working correctly instead of trying to implement fancy features, and eat both of their lunches.

(It would not be hard, maybe I will even try to throw something together just to prove the point.)
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
September 19, 2014, 02:05:11 PM
#20
The approaches of Node vs Crypti have been totally different in terms of how they've arrived in the world. 

Crypti has been a masterclass in how to put a launch and system together.

Node's been pretty chaotic all along but the developers have always delivered in the end. I think it has plenty of unique developments still to come in the future. We'll see whether the wider world picks up on it.
legendary
Activity: 1386
Merit: 1000
September 19, 2014, 11:39:26 AM
#19
hero member
Activity: 560
Merit: 500
September 19, 2014, 09:39:16 AM
#18
Someone else posted this and I agree:

"Technically, the Node wins.
Crypti big and heavy client, takes a lot of memory
Node fast, small blockchain, takes no more than 70 Mb of memory."

Well that is something that might be fixed, nothing critical.
hero member
Activity: 616
Merit: 500
September 19, 2014, 09:31:10 AM
#17
Someone else posted this and I agree:

"Technically, the Node wins.
Crypti big and heavy client, takes a lot of memory
Node fast, small blockchain, takes no more than 70 Mb of memory."
newbie
Activity: 21
Merit: 0
September 19, 2014, 08:49:13 AM
#16
Crypti was totally custom made in Node and it has been doing very well since the beginning.It had some very good technological advancements compared to other coins which made it reach the success it did..
full member
Activity: 171
Merit: 100
September 19, 2014, 08:08:24 AM
#15
I have been following both Crypti and Node very closely, and I have decided to abandon Node completely due to the incompetency of the developers.  Crypti devs are true professionals. 

The fact is, nobody knows anything about Node, and none of the developers are willing to share even the most basic information.  Nobody even knows how the forging process works.  They promised a whitepaper a few days before it started trading on BTER, and we haven't seen anything from them yet.  The only thing we know is that it is written in Node.js, and that it is a PoS-type coin.  That's it.  If you ask them any questions, they give you a canned response, telling you that it's in the works and that more information will be available soon. 

Crypti, on the other hand, is a polished product with better security, features, design, and support.  I highly recommend that you read the whitepaper to see how they use 3 algorithms for forging, which encourages users and merchants to use it.

Crypti has a Linux wallet, and they just announced that they are releasing the Windows wallet this weekend.  Now is a fantastic time to buy.

Your stance is correct but think about this: NODE is cheaper, more unpredictable, the risk is higher and so are potential revenues. The swings of price may be bigger, so it can be more attractive to many speculators.
sr. member
Activity: 434
Merit: 250
September 17, 2014, 07:57:10 PM
#14
off topic but, are there any pure python coins besides counterparty?

Pybc and the upcoming "credits" which has most source already available.
legendary
Activity: 1611
Merit: 1001
September 17, 2014, 05:40:31 PM
#13
off topic but, are there any pure python coins besides counterparty?
member
Activity: 117
Merit: 10
September 17, 2014, 03:23:00 PM
#12
Both XCR and NODE have potential to be huge but they still need to prove themselves first.
It's hard to tell which one or ones will succeed.
hero member
Activity: 546
Merit: 500
September 17, 2014, 02:48:37 PM
#11
Quote
Read the whitepaper (not really a whitepaper, just a write-up) for more info : https://github.com/crypti/whitepaper

If you're looking to invest, I suggest that you do some research into both Crypti & Node and make the decision yourself and not just take my word for it.
Thank you very much for the insight. And don't worry I would never invest in a coin without conducting due diligence. Although, comparing my perception of coin x to what others think is helpful in some cases.

No problem bud, happy to help.
hero member
Activity: 700
Merit: 520
September 17, 2014, 09:59:22 AM
#10
all shit scam coins why even bother with this garbage tell me ?


~CfA~
hero member
Activity: 826
Merit: 1000
September 17, 2014, 09:36:33 AM
#9
Quote
Read the whitepaper (not really a whitepaper, just a write-up) for more info : https://github.com/crypti/whitepaper

If you're looking to invest, I suggest that you do some research into both Crypti & Node and make the decision yourself and not just take my word for it.
Thank you very much for the insight. And don't worry I would never invest in a coin without conducting due diligence. Although, comparing my perception of coin x to what others think is helpful in some cases.
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
September 17, 2014, 09:24:31 AM
#8
Crypti and node seem pretty similar. The main difference is, that node was nearly free for the majority so that there maybe are a lot of sockpuppets dumping, what's creating pressure in price. I think if they succeed in the long run you could make more profit on node, because its cheaper. But that also depends on the devs and their releases...

I honestly don't think, there is much difference between coins in java or in node.js or whatsoever.
The main point is the features and marketing. And I think marketing is more and more important.
Times were changing. You can't just make a coin and everybody in this forum knows it like a year ago. Furthermore there are more and more people involved in coins, that are not related to the crypto community. Stellar and Socialbot are good examples for that.
hero member
Activity: 560
Merit: 500
September 17, 2014, 09:19:05 AM
#7
Crypti & NODE are the only current Node.js based coins.

Crypti is a lot better in my opinion, but my opinion would be biased as I am an investor myself.

What is your personal opinion as to why Crypti is so much better than NODE. (other than the fact you have stake)

As I mentioned my opinion matters little as I'm an investor myself. But I invested into Crypti for these reasons (there are possibly many more depending on what you prefer)

- Professional Design (Visual) & Great Wallet UI
- Custom Blockchains Support (Releasing Soon)
- Introduction of 3 New PoS Algorithms
- Merchant Support built into core protocol (for better integration with storefronts)
- App Store Inside Wallet (To Be Released after Custom Blockchains) - This paired with Custom Blockchains Support could lead to all kinds of apps being created to function on the Crypti blockchain in the future.

Read the whitepaper (not really a whitepaper, just a write-up) for more info : https://github.com/crypti/whitepaper

If you're looking to invest, I suggest that you do some research into both Crypti & Node and make the decision yourself and not just take my word for it.


I have invested in both, but XCR has a leap in front of Node however I think they both have great potential to become a unique coin.


hero member
Activity: 546
Merit: 500
September 17, 2014, 09:11:05 AM
#6
Crypti & NODE are the only current Node.js based coins.

Crypti is a lot better in my opinion, but my opinion would be biased as I am an investor myself.

What is your personal opinion as to why Crypti is so much better than NODE. (other than the fact you have stake)

As I mentioned my opinion matters little as I'm an investor myself. But I invested into Crypti for these reasons (there are possibly many more depending on what you prefer)

- Professional Design (Visual) & Great Wallet UI
- Custom Blockchains Support (Releasing Soon)
- Introduction of 3 New PoS Algorithms
- Merchant Support built into core protocol (for better integration with storefronts)
- App Store Inside Wallet (To Be Released after Custom Blockchains) - This paired with Custom Blockchains Support could lead to all kinds of apps being created to function on the Crypti blockchain in the future.

Read the whitepaper (not really a whitepaper, just a write-up) for more info : https://github.com/crypti/whitepaper

If you're looking to invest, I suggest that you do some research into both Crypti & Node and make the decision yourself and not just take my word for it.
hero member
Activity: 826
Merit: 1000
September 17, 2014, 09:00:40 AM
#5
Crypti & NODE are the only current Node.js based coins.

Crypti is a lot better in my opinion, but my opinion would be biased as I am an investor myself.

What is your personal opinion as to why Crypti is so much better than NODE. (other than the fact you have stake)
hero member
Activity: 826
Merit: 1000
September 17, 2014, 08:59:05 AM
#4
Quote
Is there any other apart from Crypti, NODE and this (latter just seen first time)?
Thought I saw 3 or 4 browsing the ann forum. Could be wrong though?
hero member
Activity: 546
Merit: 500
September 17, 2014, 08:58:17 AM
#3
Crypti & NODE are the only current Node.js based coins.

Crypti is a lot better in my opinion, but my opinion would be biased as I am an investor myself.
Pages:
Jump to: