Topic: Ring Confidential Transactions or Soda Vending Machine? (Read 3568 times)

Based on GitHub it appears that RingCT development is proceeding nicely!

Have any Soda Vending Machines been sold yet? Or is there still just one machine still in a garage to be occasionally delivered to a HYIP seminar?

There has been a very significant change on Monero's memory requirements with the release of 0.9.x versions of Monero, late December 2015. Before one needed a 64 bit computer with over 9 GB of RAM. Now I am running Monero on a 14 year old 32 bit computer with 1.25 GB of RAM. Granted the 32 bit code has not yet been tagged for official release; however to say that there has not been a drastic progress in this area would be a major understatement.

The CryptoNote community is growing steadily. Adoption will come.

As far as I can tell dash is to centralized and the Darksend isn't working right.  
Monero hasn't been able to solve it's bloating issues so it may or may not be able to scale if it goes mainstream...

So although one is useful for aquiring a fast sugar rush, while the other is good for anonymous transactions in a small community, I don't think either are ready for mass adoption.

Hopefully both can develop into useful modes of exchange.

BTW everyone is tired of the same ten people creating these meaningless threads.  

It didn't happen until I see Evan's face mounted under her muff.  

Photoshopped please.

LOL, the DashHoles can't even build a soda machine without it devolving into a total shitshow as they fight over budget scraps.

In a few months, we will look back on the stripper-fronted soda machine as the high-water mark of the Evan's Gate cult movement.

It's funny that when you actually use the dash "innovations," you see the flaws everyone said were inherent in real time: twenty hour mixing with darksend and people seeing first hand that was purported  to be decentralized is nothing more than a way for Evan and his cronies to ram through their agendas unimpeded by those who are masternode poor.

It is more centralized than the US banking system.

Evan flat out admitted on the Dash thread that the insiders are in total control of voting system, by design (yet another FinCEN issue BTW). He said they could lose that control later, as more coins are (slowly) mined, although even that assumes they don't accumulate more coins in various ways, or change the voting rules. I wouldn't count on them ever giving up true control (other than as part of their exit, of course)

It has 17 votes now. What a complete joke based on the drama I see here:


The whole "masternode" voting system is a farce. Everyone knows who owns enough masternodes to control the result of every vote. HINT look at who submitted budget proposals and compare that to the proposals that pass or fail.

https://www.dashwhale.org/p/soda-reimbursement
https://www.dashwhale.org/p/transform-pr

What videos are you referring to?

Good to see your ban is over. You informed opinions have been missed!

How did the vending machine get 15 votes?

Add this to my point about going for corporations and needing to protect more private data of scripts not just currency:

https://forum.z.cash/t/fundamental-challenges/39/13?u=shelby3

got curious to check it out.. why have all the videos been deleted from their youtube?

Don't despair I have felt the same way at times.

Individuals don't/won't care about your privacy apps and ecosystem. The masses are blithely unworried about the fact that Facebook sends all our data to the NSA. What matters to the masses is the freedom to do what they want to do. This manifests itself in market strategies very far removed from anything that has anything to do with anonymous block chains. I do not care if you disagree. You will learn by failing.

Corporations care about privacy for their proprietary data such as sales, etc.. They will have no choice but to fund and develop privacy solutions for public block chains, else they will never use public block chains or corporations as we know them today will morph into something else.

Block chains are still in beta testing and ring homomorphic value signatures on block chain are new unproven vaporware also.

I am tried of this nonsense. We can go in circles forever arguing. Bottom line is you have no marketing sense. And this will be clear in the future. Please carry on and I will too. Goodbye.

P.S. I was thinking about who I might add to my LinkedIn account from this 3 years I spent here in Bitcointalk and there isn't a single person I've met who is worth adding. Besides most of you are anonymous. You are out-of-touch with reality. This forum is a small echo chamber for selling P&Ds to speculators. There is no one here who has any clue about marketing or any clue about actually producing something for a large and significant market.

Rant or whatever. I am tired of this. So go ahead and believe in your nonsense and keep preaching the same lies to yourself and your flock.

---

I wrote the above very quickly and while I eating I realized I really didn't convey the full extent of my thoughts and I am concerned that readers won't be able to read between the lines as to my full thought process.

Some users care about privacy in the sense of privacy of certain details of their life such as their home address, phone number, bank account password, etc.. RingCT can't make any of these private. Unreliable RingCT must be employed together with an unreliable mixnet just to achieve unreliable privacy of crypto currency transactions. It doesn't even begin to address the real privacy needs of normal people.

Zk-snarks offer the potential to make make more scripts and more types of data private on the block chain. RingCT can never do that, so it doesn't matter what ecosystem you build on top of RingCT, it won't address the privacy needs of the normal people.

It is quite clear to me that everything we are doing here is still in beta or alpha mode and is more or less just vaporware. Even Monero is running, it is still vaporware in the sense that it is entirely unscalable.

We haven't accomplished anything yet. Bitcoin has shown the potential, but it is also showing that it wasn't designed to scale.

If you all can't even recognize simple logic such as this, then it is a complete waste of my time to post in this forum. I am accustomed to dealing with people whose brain stem is more functional than their stubbornness.

Now I understand that those who are here just to speculate and they don't care about these sort of technobabble details and widescale adoption scaling. So to them I apologize for interjecting my technical analysis in their speculation threads.

There is a lot more I could say, such as describing how I started off thinking anonymity was the most important priority and why I transitioned. But the bottom line is I want to get back to working with fun people who are not scammers not anonymous and who are doing inspirational work that really impacts the world in terms of usership. I want to work on projects with 100+ million users. I want to get back to using my creative skills. And I want to work in an arena where I can work with the best engineers in a fun and mutually respectful environment. This forum is such a dark place compared to working productively with a group of talented engineers shown below:



This forum is toxic.

Bitcoin is toxic. Crypto currency is transitioning from an inspiration to a reputation of scamming, theft, toxic egotistical developers, snobs, stubbornness, unprofessional boyish infighting, criminal avoidance of SEC regulations (Erik Voorhees and every coin in this forum), $multi-million ICOs that spend all the money w/o addressing the most basic fundamental technical issue of block chain scripting, etc..

Soon no one will touch crypto currency (and possible block chains) with a 100 foot pole. You are poisoning the well from which we all drink.

What I will try to do now is quickly bypass all of this and restore legality, respectability, trust, and widespread adoption to crypto currency. I said I will try. Failure or finding a better opportunity are also possible.

So again good luck. That is my 25 cents of drivel.

I didn't missed it. I agree, people don't need to be car mechanic to drive a car, but they need some understanding of traffic rules, driving, how to handle a car, and what are the features and limitations. But before all of these things they have to know what a car is, what's the purpose of it, and they also have to believe that they need a car and they will be able to use it. That's all marketing, and marketing is something what the dash guys doing at least on some basic level, while you monero guys used to ignore this aspect (apart from mocking dash) . Technological superiority on its own not necessarily result in greater adoption or greater success.

Microsoft stuff was also notoriously flawed, but it was easy to use and advertised everywhere. OS/2 was far better and safer but because of the lack of publicity it remained a geeky stuff and finally disappeared. So that comparison isn't that ridiculous.

I think also missing applies as he mentioned that people would just use solutions built on top of Bitcoin. Another point to be made about zerocash is would anyone with millions of dollars (or more) in transactions trust unproven cryptography to use in their day to day business? I doubt anyone with the assets (or need) to meet this qualification would be so stupid.

What he's missing is that Zerocash is essentially vaporware. It is too inefficient and too immature to be considered a viable approach today. No one argues that a zero knowledge blockchain is superior in terms of privacy, the crux of the argument is how to balance that with everything else about it.

But then "certain people" have a certain affinity for The Ultimate Vaporware. Others make good engineering tradeoffs to build and deliver real usable systems.