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Topic: Official Anoncoin chat thread (including history) - page 52. (Read 530650 times)

sr. member
Activity: 258
Merit: 250
How sizable a stake were you looking to unload? Would anyone be able to act as escrow? I still have faith... It's too interesting an experiment; especially in light of the positive changes regarding I2p and the continued potential of coin development. I.e., Meshnet Vs. "Anonymously" controlled entrance/exit nodes... (t0r).
newbie
Activity: 14
Merit: 0
Hello all,

I unfortunately have to sell some ANC for school this semester, after holding on for so long and with the update right around the corner Sad My goal is to be able to earn enough money to buy some back but right now I need to sell.

I am hoping to sell off-market because there is not much volume.  I know I don't have any rep at all so I was thinking I could split up whatever amount agreed upon, and start with me sending the ANC in smaller amounts, so I can't scam anyone.

Please respond if you are interested!

Thanks!
sr. member
Activity: 249
Merit: 250
really don't understand what happens with the value of this coin, it is a scarce coin with a good dev team but price is falling and falling.....
perhaps Dash and shadowcash competence?

I tell you why this Coin is so down.

1. There is no information on whether it is worked on the code by GroundRod or not - there are no public entrys in the github since 2 months from him.
2. The RSO stuff - I don't want to call it "bulls****" but the era of "Zerocoin" into Anoncoin is over, don't have any hopes for that.
3. Since there is no new stable windows version, the work done so far is NOT being seen by most normal users.

Believe me, the price will deteriorate more and more. Until a new release comes out... then it's gonna be pumped by Kozi because he wants to sell at a higher price.. then it's dumping time again.


Altcoinmarkets are a big hoax.


One day or the other, there will be a nice way to change the bitcoincode and make these transactions more secure.
Most of us missed the Bitcointrain - there won't be another train coming for a long time.

1. The last public commit of Groundrod was February 16, which is less than two months ago. If you would join us on the irc forum (in particular the developer forum), you would see that we have been devoting our time to fixing i2p connectivity issues.

2. They are called RSA UFOs. If you read the papers and do the research, you will see that the technology is not bullshit. Whether we actually implement this or not is a different question all together.

3. The develop branch compiles fine for Windows, Linux and OSX. In fact, GR uses windows himself.

Yes, we realize that everyone is waiting for the next release.
full member
Activity: 126
Merit: 100
always Competitively work is very nice for rise Quality.... Smiley
sr. member
Activity: 298
Merit: 250
really don't understand what happens with the value of this coin, it is a scarce coin with a good dev team but price is falling and falling.....
perhaps Dash and shadowcash competence?

I tell you why this Coin is so down.

1. There is no information on whether it is worked on the code by GroundRod or not - there are no public entrys in the github since 2 months from him.
2. The RSO stuff - I don't want to call it "bulls****" but the era of "Zerocoin" into Anoncoin is over, don't have any hopes for that.
3. Since there is no new stable windows version, the work done so far is NOT being seen by most normal users.

Believe me, the price will deteriorate more and more. Until a new release comes out... then it's gonna be pumped by Kozi because he wants to sell at a higher price.. then it's dumping time again.


Altcoinmarkets are a big hoax.


One day or the other, there will be a nice way to change the bitcoincode and make these transactions more secure.
Most of us missed the Bitcointrain - there won't be another train coming for a long time.
full member
Activity: 158
Merit: 100
really don't understand what happens with the value of this coin, it is a scarce coin with a good dev team but price is falling and falling.....
perhaps Dash and shadowcash competence?

As of right now our main advantages are name, dev team and I2P integration. Our RSA UFO work was helpful and most long term value will depend on the success or failure of Zerocoin implementation.

Short term we need to focus on the immediate need to fix the wallet bugs so Cryptsy will resume trading. They appear to refuse to use I2P instead of clearnet which would allow them to take the wallet out of maintenance right away

https://wiki.anoncoin.net/Development_schedule

legendary
Activity: 966
Merit: 1000
really don't understand what happens with the value of this coin, it is a scarce coin with a good dev team but price is falling and falling.....
perhaps Dash and shadowcash competence?
legendary
Activity: 1792
Merit: 1008
/dev/null
One thing, though. I'm not into how things are working and I do not use the dedicated anoncoin wallet client either, but all my ANC are stored in Cryptsy. This question has probably been asked a few times, but I'm still wondering what do you think of the situation at Cryptsy? When could one expect them to remove the "Wallet under maintenance" symbol and what would yet be needed from the ANC community? There has not been much pushes to github lately either, so I just wonder what's the current situation. I have seen a few goals at the Anoncoin wiki, but frankly, I have no clue what they mean.
They could fix the issues instant IF they would use I2P and not only clearnet. which they obviously refuse to.
In this case they have to wait for a new release.
Well, my guess is that cryptsy is in US, I2P should allow anonymity, but, if they (cryptsy) don't want to be put down (legal with current development on regulations), they cannot allow that, or they may, but then, they will risk problems in future.
Yeah, sure...
full member
Activity: 150
Merit: 100
One thing, though. I'm not into how things are working and I do not use the dedicated anoncoin wallet client either, but all my ANC are stored in Cryptsy. This question has probably been asked a few times, but I'm still wondering what do you think of the situation at Cryptsy? When could one expect them to remove the "Wallet under maintenance" symbol and what would yet be needed from the ANC community? There has not been much pushes to github lately either, so I just wonder what's the current situation. I have seen a few goals at the Anoncoin wiki, but frankly, I have no clue what they mean.
They could fix the issues instant IF they would use I2P and not only clearnet. which they obviously refuse to.
In this case they have to wait for a new release.
Well, my guess is that cryptsy is in US, I2P should allow anonymity, but, if they (cryptsy) don't want to be put down (legal with current development on regulations), they cannot allow that, or they may, but then, they will risk problems in future.
legendary
Activity: 1792
Merit: 1008
/dev/null
They could fix the issues instant IF they would use I2P and not only clearnet. which they obviously refuse to.
In this case they have to wait for a new release.

Ok, assuming the worst is that Cryptsy has to wait for a new release, how long will the wait be? Are there any major impediments on the way, that may hinder a new release altogether?
We dont give any ETAs anymore.
Once it comes close to a release, we will post a update message. Once the release is out, we also contact exchanges which we know had problems.
member
Activity: 95
Merit: 10
They could fix the issues instant IF they would use I2P and not only clearnet. which they obviously refuse to.
In this case they have to wait for a new release.

Ok, assuming the worst is that Cryptsy has to wait for a new release, how long will the wait be? Are there any major impediments on the way, that may hinder a new release altogether?
legendary
Activity: 1792
Merit: 1008
/dev/null
One thing, though. I'm not into how things are working and I do not use the dedicated anoncoin wallet client either, but all my ANC are stored in Cryptsy. This question has probably been asked a few times, but I'm still wondering what do you think of the situation at Cryptsy? When could one expect them to remove the "Wallet under maintenance" symbol and what would yet be needed from the ANC community? There has not been much pushes to github lately either, so I just wonder what's the current situation. I have seen a few goals at the Anoncoin wiki, but frankly, I have no clue what they mean.
They could fix the issues instant IF they would use I2P and not only clearnet. which they obviously refuse to.
In this case they have to wait for a new release.
member
Activity: 95
Merit: 10
One thing, though. I'm not into how things are working and I do not use the dedicated anoncoin wallet client either, but all my ANC are stored in Cryptsy. This question has probably been asked a few times, but I'm still wondering what do you think of the situation at Cryptsy? When could one expect them to remove the "Wallet under maintenance" symbol and what would yet be needed from the ANC community? There has not been much pushes to github lately either, so I just wonder what's the current situation. I have seen a few goals at the Anoncoin wiki, but frankly, I have no clue what they mean.
legendary
Activity: 1792
Merit: 1008
/dev/null
2) you misunderstood something. the plan/talk is to use multiple algos for PoW (mining). Transactions are NEVER encrypted as bitcoin and its alternatives use a public ledger.


Just to clarify.

When a person uses a coin, the transaction process is encrypted and the ledger is public.

When doubts exist as to the integrity of the development process and quality of cryptography used in a transaction, a coin is worthless. Those doubts do exist with anc. In other words anc has reached a point where it either must use a trusted algorithm or it has no real value.

In practical terms it means the algorithm should be something like bitcoin, litecoin, etc, and not something like zerocoin, cryptonote etc.

Offering people the option of which algorithm to use is a solution that settles all sides. For example if a person can choose between zerocoin, litecoin, cryptonote etc then the coin can survive. How this would be done I don't know. But as it stands now if you are going to offer a mixture of algorithms, under the guise of protecting against attacks, but the user has no control over the mix, then you are offering nothing.

Everything about anc now resembles a corporate mindset. It is nothing like it was in the beginning. Now iis sort of like a cross between Ripple and Mexican Pesos. I think it is finished unless big changes happen.
Again, transactions are not encrypted. You are talking about the kind of transaction. There isnt a "bitcoin algorithm" nor similiar. Please read more about transactions: https://en.bitcoin.it/wiki/Transaction
If ANC will support ZeroCoin (ZC), then of course you can use either ZC or the old bitcoin style transactions. there is no difference in bitcoin/litecoin transactions for example.
As i said before, the "mixture of algorithms" are for mining (Proof of Work) and not for creating/signing transactions.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
Monero also has a clear focus & commitment to (support) I2P and already done some/alot I2P development/integration work.
legendary
Activity: 1792
Merit: 1008
/dev/null
Some suggestions for anc. The coin is basically going to be dead in the water when Cryptos start rising unless a few simple steps are taken.

1) Acknowledge the drama in anc's history and use it to anc's advantage. Governments are heavily meddling in cryptocurrencies for aml and other reasons. Nobody doesn't know that. Put a statement to that effect somewhere obvious, acknowledge anc may have been victimized by govt wanksters, and move on tofull transparency.
Example of what the statement could say.
"It is widely known that cryptos challenge govt control of personal money and that numerous govts have invested heavily in cryptomeddling. Governments do not meddle in finance for good reasons. Very little data collected by the nsa and similar groups is used for legitimate domestic purposes. The only authorities that have unfettered access to this type of data are police agencies in client states like Bahrain, Egypt and Nigeria. If you cooperate with the agenda of controlling currency you are helping crush democracies in numerous places.

Anc may have been fiddlefucked to some degree by the nsa and similar groups, as have many coins. Henceforth all developmental work on anc will be done in plain sight with no bullshit."

2) To further the goal of trustable transparency, anc should offer a choice of algorithms, not a mix of algorithyms. There should be several algorythms available as modules in the wallet, and a person chooses which one they would like to use. As I understand the new version a person mixes algos, and that makes little sense. A modular wallet with severasl algorithm modules would let a person encrypt the trasaction with their choice of algo. Obviously this provides another level of complexity, another opportunity for the syphillus breath antiliberty bureaucrats to meddle, so people have to examine the code etc carefully.

3) Another option is simply switching back to a basic trusted code like bitcoin or litecoin.

4) As has been said before, anc really has nothing except its brand. There has been some question in the past about which "brand" anc represents. Is it anonymous transactions? The anonymous collective? Something else? Anonymous coins are aa dime a dozen at this point. If anc wants to stay aslive it has to actually represent something that people will support. So my suggestion is go full bore in support of the anonymous collective. Combined with the acknowledgement that anc has been raped and brutalized by govt shills, this could lead to a strong long term net gain in the image of the coin.

If nothing is done, anc is finished. If the half hearted lame steps that have been suggested in recent posts are done, also the coin slowly fizzles and dies. Coins require legitimate steps to stay ahead, not half assed shit steps.
1) im no marketing guy, so cant say anything about that.
2) you misunderstood something. the plan/talk is to use multiple algos for PoW (mining). Transactions are NEVER encrypted as bitcoin and its alternatives use a public ledger.
3) we didnt change anything related to privkeys (your BTC/ANC key), hence its the same as upstream (bitcoin).
4) ANC has one big strength that other coins dont have; I2P. With clearnet, a person can be located by watching the network in realtime. This is not the case with ANC in case you use I2P only.

If you want to help, just get in touch with us in #anoncoin on either irc2p (prefered) or freenode.
full member
Activity: 150
Merit: 100
Very disappointed to see the switch from pure Scrypt.  I've seen coin after coin make this switch thinking they will better protect themselves or increase value.  Without a single exception, I've seen the value of all of the coins I've watched do this dramatically drop immediately after the change, maybe some have recovered that I've missed, but I've not seen one yet.  Difficulty?  Again I don't see an immediate need to fix.  51%?  Don't understand the concern for the coin...the value is so low and what could possibly be gained by controlling a coin of little value at this point... this is a rhetorical question; I understand the possibilities but I can't see it as the priority right now.

The priority has to be updating the wallet so transactions don't get stuck...job 1.
Secondly, the only long-term (or near-term) value for this coin is zerocoin.  If that doesn't get done, the coin is history.

The other things can come in time.

Do I really care?  Why?  I have stake in the coin with at least 1 account in the top 100.  I'd like to see the coin have long term viability.  I like it's charter.

my 0.02 ANC

-NP

Yeah but have you seen any coins make the switch from pure Scrypt to a myriad of chains.  With three myriad chains an attacker would need to control at least two of the three chains to pull off a successful attack.  And with these myriad chains also going to be AuxPoW chains then their hashrate's will be a lot higher than otherwise.  So in effect the current Scrypt hashrate should greatly increase even though it'll only be one of the three chains.  As the Scrypt miners will also be able to merge-mine Litecoin, Dogecoin and several other Scrypt coins at the same time for next extra work or cost.  

The difficulty algorithm does have some serious problems.  As when a very large amount of hashrate joins and then leaves the chain suddenly.  Then it takes a very long time for the remaining hashrate to find a block.  Which means no transactions at all can be processed for a very long time.  I strongly feel that its the epically slow development that is causing the new all time lows in the price of the last twelve months.  Although the core dev moved over to core I2p development a few months ago.  So we need to give the two new devs time to get up to speed.

NullProto:

Very disappointed to see the switch from pure Scrypt.  I've seen coin after coin make this switch thinking they will better protect themselves or increase value.

-> As far as I know there is no coin having switched from pure Scrypt to a myriad of 2 chains SHA and Scrypt, none of them merge mined.
There are three unknown altcoins (Parallelcoin, Trinity and Dvorakcoin) that have 2 or 3 algo but they dont offer more than this. Otherwise myriadcoin started 5 independent algos and digibyte switched to the same model with much better success due to their good difficulty adjustment algorithm. Thanks to this multialgo and its multishield Digibyte is a good attack resilient coin.
Also like Matthewh3 said, in time we may have to switch to a merge mined model, becoming a child chain, when the block reward will be too low to make mining profitable, but this will be in a few years.


Difficulty?  Again I don't see an immediate need to fix.

-> then look this very good analysis by Drakoin of the actual ANC situation.


51%?  Don't understand the concern for the coin...the value is so low and what could possibly be gained by controlling a coin of little value at this point...

-> This and the timewarp are security concerns and shall be dealed with. For this, two algos with a good difficulty retarget shall have increased security. We do not put a third (GPU) algo or CPU algo for fear of low hashrate and constant gaming like on myriad Groestl. Also our difficulty retarget AncShield is a fork of Multishield, which is much better than what myriadcoin use.


The priority has to be updating the wallet so transactions don't get stuck...job 1.

-> We heartfully agree on this point, and that is why we did/are doing:
- codebase change to 9.4
- difficulty retarget algo change from KGW to AncShield
- mining algo change from pure Scrypt to a mix of Scrypt and SHA256d
- 70007 node protocol reworking to improve connectivity


Secondly, the only long-term (or near-term) value for this coin is zerocoin.  If that doesn't get done, the coin is history.

-> This is our main objective, along with the other main objective being complete I2P integration as you know. The I2P cipherspace support is also a necessary anonymity feature, please do not forget it! The blockchain has to be anonymized, but IP address are also monitored heavily, like shown in the recent Chainalysis Sybil Attack on the Bitcoin network.
Also, what is the use of zerocoin if the main network is completely screwed like it is now? So first thing to do is to rework our code until the anc network is not plagued anymore with the various issues we are working on at the moment. Like lunokhod said, we are sorry if the ZC announcement by Gnosis led to an hype and became overdue. We will announce when our next release candidate is available, and keeping the development public, and with no hype.


I'd like to see the coin have long term viability.  I like it's charter.

-> We too, thank you for your longterm support! Our job is to give Anoncoin the best technicals, but people like you are in last analysis those who give the coin its long term value!



matthewh3:

Yes in fine we will go toward this direction, but only with two algos due to the low hashrate of the CPU algo (Prime and others) and potential abuse of the GPU algos by miners owing hundreds of GPU, like we saw on myriadcoin (but their diff retarget is flawed too).

About the jumping on/off the network by multipools, yes this is an issue that explain the chain is stuck, but here it is more the ongoing timewarp attack that is the culprit, like shown in the excellent analysis of drakoin, linked above. In the multishield and digishield retarget algo, we have to choose the value of retarget parameters. Digishield used asymetric retargeting to avoid the chain stuck due to multipools hoping, but because the retarget is quicker when going down, this is more open to potential timewarp abuse (although I have not seen one on digishield or multishield). We will use asymetric retargeting but with greater upward % increase, than when it is reducing the difficulty. This is more secure against TW but the chain can be stuck longer than with the original Digishield. But with two algos in parallel the consequences shall be mitigated by the independent mining going on on the other chain. This is why we are doing two algos with this particular AncShield.

Yes you are right, Meeh mainly moved to I2P development instead for his hobby, but GroundRod is highly competent and motivated so we are going forward!
legendary
Activity: 1372
Merit: 1003
Very disappointed to see the switch from pure Scrypt.  I've seen coin after coin make this switch thinking they will better protect themselves or increase value.  Without a single exception, I've seen the value of all of the coins I've watched do this dramatically drop immediately after the change, maybe some have recovered that I've missed, but I've not seen one yet.  Difficulty?  Again I don't see an immediate need to fix.  51%?  Don't understand the concern for the coin...the value is so low and what could possibly be gained by controlling a coin of little value at this point... this is a rhetorical question; I understand the possibilities but I can't see it as the priority right now.

The priority has to be updating the wallet so transactions don't get stuck...job 1.
Secondly, the only long-term (or near-term) value for this coin is zerocoin.  If that doesn't get done, the coin is history.

The other things can come in time.

Do I really care?  Why?  I have stake in the coin with at least 1 account in the top 100.  I'd like to see the coin have long term viability.  I like it's charter.

my 0.02 ANC

-NP

Yeah but have you seen any coins make the switch from pure Scrypt to a myriad of chains.  With three myriad chains an attacker would need to control at least two of the three chains to pull off a successful attack.  And with these myriad chains also going to be AuxPoW chains then their hashrate's will be a lot higher than otherwise.  So in effect the current Scrypt hashrate should greatly increase even though it'll only be one of the three chains.  As the Scrypt miners will also be able to merge-mine Litecoin, Dogecoin and several other Scrypt coins at the same time for next extra work or cost. 

The difficulty algorithm does have some serious problems.  As when a very large amount of hashrate joins and then leaves the chain suddenly.  Then it takes a very long time for the remaining hashrate to find a block.  Which means no transactions at all can be processed for a very long time.  I strongly feel that its the epically slow development that is causing the new all time lows in the price of the last twelve months.  Although the core dev moved over to core I2p development a few months ago.  So we need to give the two new devs time to get up to speed.
newbie
Activity: 3
Merit: 0
Very disappointed to see the switch from pure Scrypt.  I've seen coin after coin make this switch thinking they will better protect themselves or increase value.  Without a single exception, I've seen the value of all of the coins I've watched do this dramatically drop immediately after the change, maybe some have recovered that I've missed, but I've not seen one yet.  Difficulty?  Again I don't see an immediate need to fix.  51%?  Don't understand the concern for the coin...the value is so low and what could possibly be gained by controlling a coin of little value at this point... this is a rhetorical question; I understand the possibilities but I can't see it as the priority right now.

The priority has to be updating the wallet so transactions don't get stuck...job 1.
Secondly, the only long-term (or near-term) value for this coin is zerocoin.  If that doesn't get done, the coin is history.

The other things can come in time.

Do I really care?  Why?  I have stake in the coin with at least 1 account in the top 100.  I'd like to see the coin have long term viability.  I like it's charter.

my 0.02 ANC

-NP
full member
Activity: 195
Merit: 100
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