Author

Topic: Official Anoncoin chat thread (including history) - page 135. (Read 530660 times)

legendary
Activity: 930
Merit: 1010
can i have a brief update please why anc is rising?

Zerocoin is due to be implemented in ANC. Zerocoin will probably be the most anonymous way to send transactions in crypto so far.
legendary
Activity: 1792
Merit: 1008
/dev/null
The point was that anc took advantage of their "intellectual property" without their permission but now some want to claim that work as proprietary to anc. I have no respect for "intellectual property" rights and was not criticizing the use of zerocoin. I was criticizing the hypocrisy.

Libzerocoin is under MIT license:
http://opensource.org/licenses/MIT

Libzerocoin warning on Github:
THIS IS DEVELOPMENT SOFTWARE. WE DON'T CERTIFY IT FOR PRODUCTION USE. WE ARE RELEASING THIS DEV VERSION FOR THE COMMUNITY TO EXAMINE, TEST AND (PROBABLY) BREAK.

Gnosis worked tons of hours on zerocoin implementation. The code on which it is based has nothing to do with the current zerocoin.
Don't be afraid of ANC dude, just buy some and enter in the game. It's not too late. The price is very low today. In some weeks, we will be on the top 3.

To top Ripple and get to #3 ANC would have to be worth $116 each, by my calcs. If Zerocoin is successful it will be a monumental step for cryptocurrency. Considering the low supply side sell pressure for a tightly held, low supply coin, and the demand for ANC with ZC, I think it could get there but it would be a phenomenal thing!
Ripple is not a crypto currency, its debt based fake crypto money/coins.
member
Activity: 98
Merit: 10
can i have a brief update please why anc is rising?
WDL
newbie
Activity: 54
Merit: 0
[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6

I have just donated 1 BTC which hasn't yet  displayed on chain.
If the project continues to be a success then I suppose donation will follow.
full member
Activity: 126
Merit: 100
Lean into the curves.

You did not answer a single one of my points.

I don't feed trolls.
full member
Activity: 168
Merit: 100
Gnosis: Somebody asked what will happen when (eventually) Shors algorythm breaks RSA. As it relates to Anoncoin, the RSA-UFO will be factorable and a malicious party could mint bogus Zerocoins

that is a good question. Is there an estimated timeline for when Shors algorythm will have the potential to break RSA?

a couple decades at least

Yes. To use Shor's algorithm, you would need a quantum computer (and no, D-wave's product is the wrong kind of quantum computer for breaking cryptography; and there is not solid evidence that it can even solve problems faster than classical computers). Quantum computers that can factor large numbers are vaporware -- the largest number factored using Shor's algorithm is 21 = 3*7.
But i mean it will happen eventually don't you think? even if its 2050 or longer, what would happen then?

Then it will be our grandchildren solving the problem Smiley

Personally I think they'll have their hands full solving problems re limited energy and water. There are bigger legacy problems!
hero member
Activity: 714
Merit: 508
Gnosis: Somebody asked what will happen when (eventually) Shors algorythm breaks RSA. As it relates to Anoncoin, the RSA-UFO will be factorable and a malicious party could mint bogus Zerocoins

that is a good question. Is there an estimated timeline for when Shors algorythm will have the potential to break RSA?

a couple decades at least

Yes. To use Shor's algorithm, you would need a quantum computer (and no, D-wave's product is the wrong kind of quantum computer for breaking cryptography; and there is not solid evidence that it can even solve problems faster than classical computers). Quantum computers that can factor large numbers are vaporware -- the largest number factored using Shor's algorithm is 21 = 3*7.
But i mean it will happen eventually don't you think? even if its 2050 or longer, what would happen then?
member
Activity: 101
Merit: 10
The subreddit is pretty empty - be sure to sub if you haven't already.

http://www.reddit.com/r/Anoncoin/

Yes, please do! Smiley

BTW, I suggest using HTTPS, especially if you are accessing it through Tor or I2P outproxy, as an exit node or ISP can monitor your activity and steal your cookies, allowing them to make posts as you, delete posts, etc. This goes for all sites that let you choose between HTTP and HTTPS. I also recommend the NoScript, HTTP Nowhere, and RequestPolicy Firefox extensions:

https://www.reddit.com/r/Anoncoin
member
Activity: 101
Merit: 10
Gnosis: Somebody asked what will happen when (eventually) Shors algorythm breaks RSA. As it relates to Anoncoin, the RSA-UFO will be factorable and a malicious party could mint bogus Zerocoins

that is a good question. Is there an estimated timeline for when Shors algorythm will have the potential to break RSA?

a couple decades at least

Yes. To use Shor's algorithm, you would need a quantum computer (and no, D-wave's product is the wrong kind of quantum computer for breaking cryptography; and there is not solid evidence that it can even solve problems faster than classical computers). Quantum computers that can factor large numbers are vaporware -- the largest number factored using Shor's algorithm is 21 = 3*7.
sr. member
Activity: 336
Merit: 250
The subreddit is pretty empty - be sure to sub if you haven't already.

http://www.reddit.com/r/Anoncoin/
hero member
Activity: 714
Merit: 508
We broke 1million on CoinMarketCap, great job devs! Smiley
legendary
Activity: 1552
Merit: 1047
Wouldn't it be better to donate BTC? If gnosis wants to use donations for expenses, BTC would be better. If the donated ANC end up on the market, it will create a lot of unnecessary sell pressure.
Assuming 4000 ANC, it's not much and will not cause significant selling pressure. I have put up a buy order for 5000+ right now at 0.0017.

Also the way this pump is going we are on track to reach $1 parity in the next couple days anyways. At current prices only 3480 ANC is needed.
Yupp. And we actually need some more selling pressure... I would like to purchase more anoncoin, but if I want any significant amount I will have to clear the orderbook beyond 0.0025... there is very little ANC for sale.
hero member
Activity: 714
Merit: 508
Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.
[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6
To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f
Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Wouldn't it be better to donate BTC? If gnosis wants to use donations for expenses, BTC would be better. If the donated ANC end up on the market, it will create a lot of unnecessary sell pressure.
Assuming 4000 ANC, it's not much and will not cause significant selling pressure. I have put up a buy order for 5000+ right now at 0.0017.

Also the way this pump is going we are on track to reach $1 parity in the next couple days anyways. At current prices only 3480 ANC is needed.
legendary
Activity: 1552
Merit: 1047
Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.
[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6
To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f
Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Wouldn't it be better to donate BTC? If gnosis wants to use donations for expenses, BTC would be better. If the donated ANC end up on the market, it will create a lot of unnecessary sell pressure.
Assuming 4000 ANC, it's not much and will not cause significant selling pressure. I have put up a buy order for 5000+ right now at 0.0017.
full member
Activity: 168
Merit: 100
Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.
[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6
To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f
Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Wouldn't it be better to donate BTC? If gnosis wants to use donations for expenses, BTC would be better. If the donated ANC end up on the market, it will create a lot of unnecessary sell pressure.
hero member
Activity: 714
Merit: 508
Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.
[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6
To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f
Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC

Awesome! I hope more supporters will donate to the cause!
full member
Activity: 168
Merit: 100
The point was that anc took advantage of their "intellectual property" without their permission but now some want to claim that work as proprietary to anc. I have no respect for "intellectual property" rights and was not criticizing the use of zerocoin. I was criticizing the hypocrisy.

Libzerocoin is under MIT license:
http://opensource.org/licenses/MIT

Libzerocoin warning on Github:
THIS IS DEVELOPMENT SOFTWARE. WE DON'T CERTIFY IT FOR PRODUCTION USE. WE ARE RELEASING THIS DEV VERSION FOR THE COMMUNITY TO EXAMINE, TEST AND (PROBABLY) BREAK.

Gnosis worked tons of hours on zerocoin implementation. The code on which it is based has nothing to do with the current zerocoin.
Don't be afraid of ANC dude, just buy some and enter in the game. It's not too late. The price is very low today. In some weeks, we will be on the top 3.

To top Ripple and get to #3 ANC would have to be worth $116 each, by my calcs. If Zerocoin is successful it will be a monumental step for cryptocurrency. Considering the low supply side sell pressure for a tightly held, low supply coin, and the demand for ANC with ZC, I think it could get there but it would be a phenomenal thing!
legendary
Activity: 1552
Merit: 1047
Thanks for the update! How much funding is needed for you to work full time through the month of October also? Perhaps people here would be interested in pooling some funds together.

Well, the cost of living is high where I live... it would take about US$2750.
[...]
Also, gnosis, post your BTC, ANC addresses please

BTC: 14QnfqVG3CqLGBYHgD8tPYJVLxQ2AfvPEx
ANC: AU4hFCFZLhB2gTyG4VbaEurXGrTMNW2nu6
To get the ball rolling, I will match every 1 ANC donated with 1 ANC. My limit is 2000 ANC and offer lasts until 1st October, e.g if people donate 2000 ANC I will donate 2000 ANC which makes the total 4000 ANC.

At current price 4000*0.0015= 6 BTC * $460 = $2760

Gnosis has stated that he needs $2750 to work full time on anoncoin/zerocoin for the month of October.

Let's do it!

I'll donate 100ANC
TXID: edaa1c77a30df11f0913caba5feecc99b64201eacd361e6eb02ba84182d2907f
Excellent! 105 ANC so far, I just sent 105 from exchange (TrxID: b05e46271b949242952fa9b2ab0ba67e05078def69f9f5d5bb01deffb189a484).

That leaves 2000-105= 1895 ANC
hero member
Activity: 714
Merit: 508
Gnosis: Somebody asked what will happen when (eventually) Shors algorythm breaks RSA. As it relates to Anoncoin, the RSA-UFO will be factorable and a malicious party could mint bogus Zerocoins

that is a good question. Is there an estimated timeline for when Shors algorythm will have the potential to break RSA?

a couple decades at least
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