[PPC] Is Sunny King (of PPCoin) RealSolid (of SolidCoin)?

proper_proper

newbie

Activity: 22

Merit: 0

Quote from: K1773R on October 24, 2012, 01:41:35 AM

He just asked if your the SolidCoin guy, nothing else! He didnt ask for ur Realname, Age, Creditcard or whatever!
The denial to talk about the relation of you and RealSolid just prooves that you are it (simple logic!). Someone would only deny this if he knows his Name/Others would be known trough RealSolid. Therefore u just proved that u are RealSolid.

After all i dont care about who you are, all i want to tell you is: there is no reason to hide this! hiding it just makes PPCoin more shady. Be a man and stand for ur mistakes!

Exactly, using simple logic we can show that Sunny King is probably Real Solid. Case closed. The prosecution rests. You only live once.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: finkleshnorts on October 24, 2012, 01:50:50 AM

#altcoinproblems

lol

finkleshnorts

sr. member

Activity: 336

Merit: 250

#altcoinproblems

K1773R

legendary

Activity: 1792

Merit: 1008

/dev/null

Quote from: Sunny King on October 13, 2012, 09:47:49 AM

PS At the moment I do not wish to answer questions related to my identity/privacy. So I will ignore all such questions for now.

He just asked if your the SolidCoin guy, nothing else! He didnt ask for ur Realname, Age, Creditcard or whatever!
The denial to talk about the relation of you and RealSolid just prooves that you are it (simple logic!). Someone would only deny this if he knows his Name/Others would be known trough RealSolid. Therefore u just proved that u are RealSolid.

After all i dont care about who you are, all i want to tell you is: there is no reason to hide this! hiding it just makes PPCoin more shady. Be a man and stand for ur mistakes!

Etlase2

hero member

Activity: 798

Merit: 1000

Quote from: Jutarul on October 20, 2012, 12:06:45 AM

Are you suggesting that the developers of a cryptocurrency should be compared to politicians?

wtf bro, you brought it up

Quote

The minting rate is biased towards early adopter profits. However, AFAIK that's a necessity, since it provides an incentive to invest into mining infrastructure at an accelerated rate. The public good aspect is not related to the wealth transfer in bootstrapping the currency, but to it's sustained features.

It isn't just biased towards early adopter profits, it's biased against a well-functioning currency. Deflation is stupid, especially at the insane levels required for the bitcoin-ilk to achieve any remote amount of currency market share. It is too early to tell and I'm not about to spend time reading the PPC code or envisioning future scenarios for it, but it seems like it will be even more early-adopter heavy than bitcoin.

Quote

Which also reminds me of one of the fundamental problems of cryptocurrencies which still has to be resolved. The reward system does not have incentives for cryptocurrency maintenance and improvement. The only incentive developers have is to implicitly benefit from the super-early adopter advantage and hold on to those shares until the cryptocurrency has matured and they can simply act benevolently. However, that doesn't protect the currency from being abandoned by the core developers (pump&dump).

Tying the cost to produce something more than just supply and demand would be a start. :cough decrits: Tongue

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: Etlase2 on October 16, 2012, 01:13:24 AM

Quote from: Jutarul on October 15, 2012, 09:50:37 PM

Please know that a perfect system for freedom of speech actually obligates anonymity. E.g. elections in democratic societies are anonymous.

Uhh the people may cast a vote anonymously, but they are still registered, and the politicians certainly aren't anonymous.

Are you suggesting that the developers of a cryptocurrency should be compared to politicians?

Quote from: Etlase2 on October 16, 2012, 01:13:24 AM

Quote from: Jutarul on October 15, 2012, 09:50:37 PM

Now with the development of a public good, like a software infrastructure, the creator only has the obligation to release enough information for things to get peer reviewed. And by being open source, ppcoin also has full filled that requirement.

Whatever, this is just a rationalization. I'm not saying it's a requirement to be known, but the fact that every single "leader" of these crypto knock offs have chosen to be anonymous (except coblee, I think), and it's no coincidence that every single knock off is a pyramid just like the original. Quite debatable that it is a public good, after all, when there is so much potential wealth transfer to be had.

The minting rate is biased towards early adopter profits. However, AFAIK that's a necessity, since it provides an incentive to invest into mining infrastructure at an accelerated rate. The public good aspect is not related to the wealth transfer in bootstrapping the currency, but to it's sustained features.

Which also reminds me of one of the fundamental problems of cryptocurrencies which still has to be resolved. The reward system does not have incentives for cryptocurrency maintenance and improvement. The only incentive developers have is to implicitly benefit from the super-early adopter advantage and hold on to those shares until the cryptocurrency has matured and they can simply act benevolently. However, that doesn't protect the currency from being abandoned by the core developers (pump&dump).
I think they tried to fix this with devcoin.

Etlase2

hero member

Activity: 798

Merit: 1000

Quote from: Jutarul on October 15, 2012, 09:50:37 PM

Please know that a perfect system for freedom of speech actually obligates anonymity. E.g. elections in democratic societies are anonymous.

Uhh the people may cast a vote anonymously, but they are still registered, and the politicians certainly aren't anonymous.

Quote

Now with the development of a public good, like a software infrastructure, the creator only has the obligation to release enough information for things to get peer reviewed. And by being open source, ppcoin also has full filled that requirement.

Whatever, this is just a rationalization. I'm not saying it's a requirement to be known, but the fact that every single "leader" of these crypto knock offs have chosen to be anonymous (except coblee, I think), and it's no coincidence that every single knock off is a pyramid just like the original. Quite debatable that it is a public good, after all, when there is so much potential wealth transfer to be had.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: guruvan on October 16, 2012, 12:25:36 AM

I'm butthurt because smoothie made me look bad at some point in time...i'm also a bitch.

Stop quoting me guys.... as guruvan said.

Cheesy

guruvan

hero member

Activity: 532

Merit: 500

Well....Sunny King is no Satoshi Nakamoto. Wink

But I suspect not a RealSolid either.

1. Sunny King appears to be more than one person. Go over Sunny's posts and you'll see no less than 2, and IIRC, at least 3 different writing styles. (satoshi is widely suspected to have been a group of people, but had one clear voice in public, the writing is the same throughout satoshi's posts)

2. I've have some discussions with RealSolid, and sunny Kin is nowhere near as butthurt about bitcoin. I've not seen Sunny suggest that any of his detractors are members of the "bitcoin church" or any other stupid solid crap like that.

(would you people quit quoting smoothie? many of us ignore him for a damn good reason, mainly, he has nothing relevant to add, and is a trolling asshat)

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: hamdi on October 15, 2012, 11:09:07 PM

I can't take what you say so I make up an excuse to avoid the topic at hand. I'm a bitch.

oh? lol

hamdi

hero member

Activity: 826

Merit: 500

@smoothie:

not worth to discuss with you.

get some manners.

every second word from you is an insult.

you get really aroused by what i say. that's a sign you defend something you deeply inside know is wrong.

bye bye.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: hamdi on October 15, 2012, 10:50:12 PM

Quote from: smoothie on October 15, 2012, 10:10:19 PM

Quote from: hamdi on October 15, 2012, 09:55:27 PM

alt-coins have no point if they don't really innovate something.

How many societies throughout history had to reinvent or innovate their own precious metal in order to have a stable medium of exchange?

answer? NONE!

Innovation has nothing to do with acceptance by the masses concerning a medium of exchange.

All societies did was take silver or gold (which they didn't innovate/invent) and stamp their logo/face/dear/god/king on it and call it money and use it as such.

Get a fucking clue when talking about something of a medium of exchange "HAVING" to be innovative to be accepted.

LOL! Cheesy

we want to go new ways, so why copy old societies behaviour?

let's strenghten the main coin and make it accepted instead of splitting up into small pointless side-coins.

i will only try an alt-coin if it really has a point.

i don't talk about other people, i talk about my own point.

i will sure not support an alt-coin which is just built like a ponzi.

early miners mine a lot, through hype, a bigger field comes in later to mine as well, while the early guys cash out and leave the currency abandoned.

So then...

1. Copies are ALWAYS bad right?

2. Bitcoin is being strengthen already through ASIC development. Having an alternative isn't a bad thing unless you fear that your bitcoin investment will plummet if another system comes out and takes attention away from BTC.

3. I talk about people who spout bullshit. Like "innovation is a must in creating a medium of exchange over the internet". BULLSHIT!

4. Ponzi? Oh you mean like how bitcoin was started where for about 2 years a small amount of miners with their laptop CPUs mined a FUCKTON of btc that is now worth like hundres of thousands if not millions of dollars? Way to be a hyprocrit.

5. No one cares if you support an alt-chain. Just stop spread bullshit about supposed mindsets behind how a system can ONLY be successful is by innovation.

6. oh and by the way early PPC adopters mined over 3.5 million PPC in 5 days. 60 days later there is only 10.9 million. Now let's talk more about early adopters eh?

Right you are just like every other hypocrit that has come on this board spouting bullshit.

hamdi

hero member

Activity: 826

Merit: 500

Quote from: smoothie on October 15, 2012, 10:10:19 PM

Quote from: hamdi on October 15, 2012, 09:55:27 PM

alt-coins have no point if they don't really innovate something.

How many societies throughout history had to reinvent or innovate their own precious metal in order to have a stable medium of exchange?

answer? NONE!

Innovation has nothing to do with acceptance by the masses concerning a medium of exchange.

All societies did was take silver or gold (which they didn't innovate/invent) and stamp their logo/face/dear/god/king on it and call it money and use it as such.

Get a fucking clue when talking about something of a medium of exchange "HAVING" to be innovative to be accepted.

LOL! Cheesy

we want to go new ways, so why copy old societies behaviour?

let's strenghten the main coin and make it accepted instead of splitting up into small pointless side-coins.

i will only try an alt-coin if it really has a point.

i don't talk about other people, i talk about my own point.

i will sure not support an alt-coin which is just built like a ponzi.

early miners mine a lot, through hype, a bigger field comes in later to mine as well, while the early guys cash out and leave the currency abandoned.

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: proper_proper on October 13, 2012, 09:50:58 AM

The centralization is required due to poor design and because Sunny King likes centralization.

That's an opinion. You failed to provide a rational answer which can be falsified.

Quote from: proper_proper on October 13, 2012, 09:50:58 AM

The difficulty adjustment happens so fast it can't make it out to the solo miners who aren't using long polling.

What technical aspect are you talking about?

Quote from: proper_proper on October 13, 2012, 09:50:58 AM

Sunny King has gotten the people that posted about these problems to remove them from the forum. Sunny King wants to cover up the truth about PPCoin.

If you see posts disappeared, start quoting them. This at least leaves traces behind. Use those as references.

Quote from: proper_proper on October 13, 2012, 09:50:58 AM

Bitcoin doesn't have this problem because it waits two weeks to calculate difficulty. PPCoin only waits 10 minutes to calculate difficulty so you should expect large swings. Bad design.

Why do you think "large swings" are a bad design. They are a response to the changing hashing power. I find it rather great the the difficulty adjusts quickly - keeps the block rate more constant.

Quote from: proper_proper on October 13, 2012, 09:50:58 AM

Quote from: Jutarul on October 08, 2012, 09:27:55 AM

Quote from: proper_proper on October 12, 2012, 10:03:27 PM

The large oscillations, or ringing, are also a product of the way the difficulty is calculated. It's unavoidable for this coin.

It's not a function of the coin or the difficulty adjustment, it's rather a function of the strength of the network. Large entity miners can play with the minting rate adjustment. It's unavoidable. The only solution to it is to avoid large entity miners.

Actually it is entirely because of the design. See this link. http://en.wikipedia.org/wiki/Ringing_artifacts

Are you proposing to use an envelope function for the running average? In which way would this improve things? Please be technical, which oscillations to you consider harmful?

Quote from: proper_proper on October 13, 2012, 09:50:58 AM

Hooray for the pioneers in the RealSolid navy! They never get to go on shore leave because the boat just keeps driving in circles.

If it weren't for pioneers we'd never have boats on the sea.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: hamdi on October 15, 2012, 09:55:27 PM

alt-coins have no point if they don't really innovate something.

How many societies throughout history had to reinvent or innovate their own precious metal in order to have a stable medium of exchange?

answer? NONE!

Innovation has nothing to do with acceptance by the masses concerning a medium of exchange.

All societies did was take silver or gold (which they didn't innovate/invent) and stamp their logo/face/dear/god/king on it and call it money and use it as such.

Get a fucking clue when talking about something of a medium of exchange "HAVING" to be innovative to be accepted.

LOL! Cheesy

hamdi

hero member

Activity: 826

Merit: 500

alt-coins have no point if they don't really innovate something.

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: Etlase2 on October 14, 2012, 11:01:34 AM

I gotta wonder what the deal is with being anonymous...

Please know that a perfect system for freedom of speech actually obligates anonymity. E.g. elections in democratic societies are anonymous.

Now with the development of a public good, like a software infrastructure, the creator only has the obligation to release enough information for things to get peer reviewed. And by being open source, ppcoin also has full filled that requirement.

AndyRossy

sr. member

Activity: 448

Merit: 250

Quote from: Tomatocage on October 14, 2012, 05:17:59 PM

Seems like proper_proper = little Danny Maddox under a new name.

Seriously, a 2 day old account criticizing like this, referring back to solid coin, probably legit, cant be a sock account or dual account surely.

Irony in the op post.... but who is op.

Tomatocage

legendary

Activity: 1554

Merit: 1222

brb keeping up with the Kardashians

Seems like proper_proper = little Danny Maddox under a new name.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Sunny King on October 14, 2012, 03:43:04 PM

Quote from: Etlase2 on October 14, 2012, 02:10:58 PM

Is bitcoin a scammy society? Yes. (If you need proof I can provide hundreds of links.) Did satoshi create bitcoin? Yes. Is my observation that satoshi started a scammy society inaccurate? Clearly not. Did I mention anything about governments? Strawman. Is it well within my libertarian rights to scathingly point out the vast theft inherent to the growth of the current crop of cryptocurrencies and the sarcastically serendipitous anonymity of their creators? Certainly. You can play at being coy, stupid, or imply my stupidity, but I will not stand down from my beliefs because you think you have some kind of moral or intellectual superiority and make-believe that it is warranted by calling yourself libertarian.

No need to get self-indignant like that Wink

You are welcome to start a competing currency and show Satoshi and the world how it was meant to be done properly.

One shouldn't talk so much about one's self so much..."self" is also in the word "selfish"

You know that if you add another $100k-$200k into PPC it may become the new world's reserve currency eh? lol

ADD AWAY! Cheesy

Topic: [PPC] Is Sunny King (of PPCoin) RealSolid (of SolidCoin)? (Read 5285 times)