Topic: Official Anoncoin chat thread (including history) - page 129. (Read 530660 times)

Hm, I got an example here Gnosis if you want you can try it out:

Step 1: Download this image http://postimg.org/image/kto2ajo67/ name it "drawing" and upload it in the stylesheet section on reddit

Step 2: Go to the Stylesheet Edit on Reddit and add

Can we get one of the devs to weigh in on this?  I'm pretty sure the math is right, so either the wiki is wrong when it describes the emission curve OR the actual max # of coins is 700k lower than what is quoted everywhere.

Your posts are all approved; I reduced the spam filter sensitivity, so this should not happen much in the future. I also added /r/DarknetMarkets to the sidebar.

Do you know much about CSS styles for Reddit, and how to add our new logo where the reddit alien is at the top-left?

My posts on /r/anoncoin are getting stuck in the spam filter - Meeh or Gnosis could you check the modmail?  I'll help mod the subreddit if you guys are interested.

Also there was some good press today - http://www.deepdotweb.com/2014/09/18/can-anoncoin-be-the-currency-of-the-deep-web/

The parameter generation, in a non-interactive zero knowledge system is always going to be an issue, unless its created through a consensus..
Interactive would mean you'd need the other party to be online to redeem your input, so we're working on a way of sending your funds into infinity, where they will be redeemed from infinity.
At a base level there's always going to be some sort of mixing involved, whether its destroying/minting, or whether its using some sort of tokens, etc..

Zerocoin mint transactions will be only slightly larger than normal transactions, with about 128 bytes per minted coin.
Zerocoin spend transactions will have a small part that lives in the blockchain, and then about 125 KB that does not get stored in the blockchain.

Using 8 cores on a 2.4GHz Core i7, Zerocoin spends would take about 3 seconds to generate, and 0.5 s to verify. It's not completely out of the question that a modern smartphone with an optimized libzerocoin could do this, with some battery drain.

Minting zerocoins, storing them, and using Anoncoin balances that were previously received from zerocoins could all be handled easily by a mobile app.

I don't think anybody knows a procedure for generating the zk-SNARK parameters in a manner that doesn't require trust from the users. There's no way for an outside party to prove that they destroyed the sensitive data used to generate the parameters; anybody who has access to this data would be able to create unlimited currency units, completely destroying the currency. Worse, it would go undetected until it hits the exchanges and the value plummets. This is why it's so important to have trustless parameter generation!

Anoncoin doesn't use Zerocash?!

It's Anoncoin - Zerocoin; not Anoncoin - Zerocash
I'd rewrite this article...
I like it though, except this confusion with Zerocash,

My posts on /r/anoncoin are getting stuck in the spam filter - Meeh or Gnosis could you check the modmail?  I'll help mod the subreddit if you guys are interested.

Also there was some good press today - http://www.deepdotweb.com/2014/09/18/can-anoncoin-be-the-currency-of-the-deep-web/

Yes there is


Here we go, faster than i expected
http://abe.darkgamex.ch:2751/block/1e851af58a0a4068cc96f220dd391c4bf6a69fb7cff77beeaa2138de20b45b4f

.... TO CLARIFY

Zerocoin and Zerocash
-https://wiki.anoncoin.net/Zerocoin
-https://wiki.anoncoin.net/Zerocash
-https://bitcointalksearch.org/topic/m.2983902 (scroll down a little further to read about Zerocoin)

Everybody asked about how big Transactions are going to be, no real answer has been given yet. Gnosis estimated it would cost more than 50x fees. However, why do you think this needs to be tested first?

Way too much Concerned
Most of you guys are too much concerned whether it might work or find more and more disadvantages. Why don't you invest a little and wait for a while. There is no way for you to find out much more about this tech if you are not a programmer or don't have a simple understanding of it.

gee, is there a good fairy out there that can fix mine ?

opened a Cryptsy ticket but from what i just read they mightn't do anything about it ...

ie:
 {
        "account" : "",
        "address" : "AWxGtEJitS5CCkKEvvgfjFbEmUxJdk1XS4",
        "category" : "receive",
        "amount" : 1589.97000000,
        "confirmations" : 0,
        "txid" : "f615e8772e65dcf1da14154a9926df7e07f30b534745ce980760ff0b3a17aee6",
        "time" : 1410990406,
        "timereceived" : 1410990406
    }

Another one seem to be stuck, this one is only ~1250 ANC
d6b868e340e9b151df4c99f72a2f4151486f8e0a74eb57c75b82c6c9a5f809bc

Thanks to K1773R for mining these transactions. I have notified cryptsy support as well of this bug.

I was graphing the coin supply vs. time today (for fun  ) and noticed something odd.

I used this description in the wiki to make the graph:

Coin details
Anoncoin was originally a fork of the Litecoin source code. The creation of new coins is by the reward to miners for processing transactions into blocks that are added to the block chain, where mining is performed by proof of work using the scrypt hashing function. A total of 4.2 million coins can be mined into existence, which is 5 times less than the maximum supply of Bitcoin, and transactions are processed, on average, every 3 minutes. The current block reward is 5 ANC, and this will be halved to 2.5 on approximately January 22, 2015. The block reward distribution schedule is the following: 4.2 ANC for blocks until 42,000; 7 ANC until block 77,777; 5 ANC until block 384,377; and then halving of block rewards every 306,600 blocks (which is approximately every two years).

block   coins   block reward
1           4           4.2
42,000   176,400   4.2
77,777   426,839   7
384,377   1,959,839   5
690,977   2,726,339   2.5
997,577   3,109,589   1.25
1,304,177   3,301,214   0.625
1,610,777   3,397,027   0.3125
1,917,377   3,444,933   0.15625
2,223,977   3,468,886   0.078125
2,530,577   3,480,862   0.0390625
2,837,177   3,486,851   0.01953125
3,143,777   3,489,845   0.009765625
3,450,377   3,491,342   0.004882813
3,756,977   3,492,090   0.002441406

As you can see the max supply converges on 3.492 million not 4.2 million.  Where did I go wrong here?



The red dot is where we are currently.

I am not a coder or a mathematician......

If Calculus properly solves a problem then it should be used.

The tool being used by gnosis is not appropriate to the 'problem'he is working on.

In broader terms my point was that he is basically doing the job of a mechanic. Almost anyone with some knowledge of math and coding could do it.

A proper solution will come from someone in the field of math who does not necessarily understand the mechanics, then they would hand the project to a mechanic like gnosis.

For example. And I am not a coder or a mathematician, this is an example of the process.
A mathematician looks generally at a coin and says 'The nature of the private keys lets you generate transactions with varying degrees of uncertainty. That would allow each wallet to have two balances, a real balance and a possible balance. Wallet A has 10 coins for sure and it might have 5 more. The pool of people who agree to have 'possible balances' could be used to create anonymity in both sending and receiving for just them.' etc
The mathematics person then tells the mechanic, the coder "get to work, no food til your done" or however they do it.

In the case of zerocoin you have bypassed the first step and thus necessitate copying material desperately to find a bunch of things that can be jumblefucked into seeming to work.

The whole zerocoin thing is halfassed. I won't even get into some very serious red flags that suggest worse.

People should do what they want but my advice is be cautious. Anc is a good solid coin. Still fairly cheap. Meeh and k117er and the others seems sincere if also naive. The price might run up if zc is completed but it will be on a speculative bubble, not because of any cryptographic step with zerocoin.

Zerocoin will be slower (+ higher fees) than Zerocash and not truly anonymous as zerocoin doesn't hide coin destination and amount.
Then if the number of people who contributed to the zerocoin pool for denomination is small, it will be very easy to analyze the blockchain and find where they come from.

Another point, I heard that Zerocash devs intend to choose Zerocash security parameters in a trustless manner. If they do that, Zerocash will have years ahead of any crypto.

Zerocoin mint transactions will be only slightly larger than normal transactions, with about 128 bytes per minted coin.
Zerocoin spend transactions will have a small part that lives in the blockchain, and then about 125 KB that does not get stored in the blockchain.

Using 8 cores on a 2.4GHz Core i7, Zerocoin spends would take about 3 seconds to generate, and 0.5 s to verify. It's not completely out of the question that a modern smartphone with an optimized libzerocoin could do this, with some battery drain.

Minting zerocoins, storing them, and using Anoncoin balances that were previously received from zerocoins could all be handled easily by a mobile app.

I don't think anybody knows a procedure for generating the zk-SNARK parameters in a manner that doesn't require trust from the users. There's no way for an outside party to prove that they destroyed the sensitive data used to generate the parameters; anybody who has access to this data would be able to create unlimited currency units, completely destroying the currency. Worse, it would go undetected until it hits the exchanges and the value plummets. This is why it's so important to have trustless parameter generation!

Stop spreading bullshit about Cryptsy. If they stop ANC, people will panic sell on bleutrade? This is what you want?