Topic: rpietila Altcoin Observer - page 19. (Read 387524 times)

Noone said not going open-source. Community just decided not to rush it. It would be better to have some GUI embellishment, website (picture to the outer-world) and featured integrated before going OS imho.

Maybe it is. But the simple fact that it is still closed-source will be a turn off for many "investors". Also, I don't understand the reasoning behind not going open-source. There is nothing to be afraid of ! Especially clones...  The only way a clone overcome the first implementation of the code is if the community leaves one for the other. The only way it happens is if the community as something to gain from the transfuge. 

So qora adds this open source code developed by someone else into their coin "first", and this is supposed make qora somehow special exactly why? Dogecoin can add it as well if it has any value, right?

It will be OS once the website and some other stuff are done. There is no way this is a scam. I mean the dev constantly keeps updating and communicating with the community. Just be patient.

Regarding OS please check here: https://bitcointalksearch.org/topic/m.9208721 It has a link to the first voting for OS.

Guys, we're talking about Complete Turing Engine, before Etherium! https://bitcointalksearch.org/topic/qora-is-open-source-770239

If this isn't a once-in-a-livetime chance, then what is it?

Because its closed-source? or maybe "was" ? it's been a while since last time i've checked it out

From what it seems qora will be the first worldwide to have AT integrated into its core!

@rpietila: have you checked qora?

you can check the following posts:

• https://bitcointalksearch.org/topic/why-blockchains-might-want-to-consider-using-at-turing-complete-txs-822100
• https://bitcointalksearch.org/topic/m.9204444
• https://bitcointalksearch.org/topic/m.9207780

Since this thread is about observing altcoins, I wonder why I haven't seen more references to qora..

I follow Ethereum & I thought this was interesting from StephanTual.

BC
is designed a 100% premined pump&dump get-rich-quickly coin, which I did not touch when it was introduced to me in the early days of the first pump. Stay out (unless you like to be on the receiving end).


Totally and factually incorrect and as such means that ou have done no research and your word is not to be trusted and or you have your own agenda.

Or, and here's a real brain bender, TALK to the people that are involved with it to get the real details and FACTS straight.

It's very easy to stand at the edges and pontificate as though you are an authority... but its easier for those that research to see you for that lazy person you are.

0/10 Go to the back of the class, better still, leave the room

It is BS to claim that Zerocoin is not analogous to mixing. The anonymity set is reduced by the timing of coining and destruction of each zerocoin.

Otherwise you put the entire block chain into a mix as Zerocash does, but then (I think but I'm not 100% sure) you have the problem that double-spends can't be reverted individually (i.e. afaik there is no coin id to associate two spends on two forks), you have to revert entire blocks which means a 51% attack is an all-of-nothing affair and I speculate that my solution to the selfish-mining attack (otherwise only 25% of hashrate needed to attack a coin) doesn't work for something like Zerocash.

Also my calculation is that neither Zerocoin nor Zerocash can scale to global transaction volume, especially when you factor in micro payments over social networking.

Also I don't think cryptographers would agree that such a new and complex cryptography is proven until it has been vetted for a decade or so.


Correct knowledge is more valuable than useless pride.

I didnt fail anything- I don't follow your repetitious dribble anymore - Every time I put you on ignore you start up your random profile maker machine and start a new one.

Another 100% provable anonymity: https://cdn.anonfiles.com/1412242631687.jpg
(Anoncoin with Zerocoin implementation)

You failed to note the correlation of BTC and altcoin price movements. You failed to read my prediction that only a paradigm shift altcoin could potentially go counter-trend and rise between now and the claimed forthcoming BTC price bottom.

Why do I have to re-summarize to you what I already wrote. Do you have the attention span of a 5 year old.

This is altcoin observer.

No technical information at the website.

The choice of PoS already exemplifies that the developer is not very astute on deeper concepts such as entropy.

http://bitcoinist.net/shadow-coin-developer-interview/


It appears he is saying that values stored in the outputs will be unknown to everyone except the sender and recipient. They apparently prove in zero knowledge that the sum of the inputs equals the sum of the outputs. Thus it is impossible to trace the coin values.

This is apparently combined with Cryptonote's one-time private keys (a.k.a. stealth addresses). That provides unlinkability but I don't see how that stops traceability as they claim (unless they are abusing the terminology), so maybe it is not the same as Cryptonote's feature but apparently it is and they are thus not providing untraceability. It is the one-time ring signatures in Cryptonote that provide the untraceability.


Most likely another decent programmer getting in over his head in crypto a la Evan of DRK. However they say they have a cryptographer, but that doesn't mean he understands the terminology and theory of anonymity.

I urged going long at $300 for a bounce. I said we'd initially do a bull flag at $350, then push back up to $400 - $440 test of prior resistance. After that I expect a further decline to eventually test $150 - $200 for a firm bottom. There is a small probability we could meander back into the $500s first.

You need to understand that all private investments (i.e. not government bonds) appear to be inverting to make a 2015.75 low, then phase transitions into 2017-2018 as government falls into the abyss after 2015.75, while government bonds appear to make one last gasp rally from now until that final cliff:

http://armstrongeconomics.com/2014/10/14/so-when-will-we-know/
(at least read this one)

http://armstrongeconomics.com/2014/10/02/the-trade-of-a-lifetime/
http://armstrongeconomics.com/2014/10/12/the-pending-phase-transition-cycle-inversion/
http://armstrongeconomics.com/2014/10/09/the-dollar-the-greatest-short-position-perhaps-in-history/
http://armstrongeconomics.com/2014/10/10/what-happens-when-government-collapses/
http://armstrongeconomics.com/2014/10/13/the-dow-3/
http://armstrongeconomics.com/2014/10/13/dow-today/
http://armstrongeconomics.com/2014/10/14/dow-for-10-14-2014/
http://armstrongeconomics.com/2014/10/11/us-share-market-for-next-week-oct-13-2014/
http://armstrongeconomics.com/2014/10/06/24043/
http://armstrongeconomics.com/2014/10/10/li-opening-shanghai-gold-exchange/

http://armstrongeconomics.com/2014/10/12/pension-crisis/
http://armstrongeconomics.com/2014/10/12/imf-admits-they-are-clueless-to-solve-world-economic-crisis/
http://armstrongeconomics.com/2014/10/13/german-debt/
http://armstrongeconomics.com/2014/10/14/will-2015-break-germany/
http://armstrongeconomics.com/2014/10/08/eu-commission-to-reject-hollandes-budget/
http://armstrongeconomics.com/2014/10/14/french-government-on-brink-of-collapse/
http://armstrongeconomics.com/2014/10/14/brussels-shuts-down-catalonia-referendum/
http://armstrongeconomics.com/2014/10/01/more-fraud-exposed-in-scottish-election/
http://armstrongeconomics.com/2014/10/10/banning-extremists-from-social-media-and-tv/
http://armstrongeconomics.com/2014/10/13/france-says-it-alone-will-decide-its-budget/
http://armstrongeconomics.com/2014/10/03/hollande-single-handedly-destroys-france/
http://armstrongeconomics.com/2014/10/02/swiss-pension-crisis-its-everywhere/
http://armstrongeconomics.com/2014/10/09/ecb-negative-interest-rates-send-money-to-dollars/
http://armstrongeconomics.com/2014/10/07/europes-answer-to-reform-more-of-the-same/
http://armstrongeconomics.com/2014/10/04/the-troika-threatening-ireland-now-as-well/
http://armstrongeconomics.com/2014/10/10/taking-photos-from-your-phone-now-pose-serious-risk-to-warrant-tax-fines-per-photo/
http://armstrongeconomics.com/2014/10/09/civil-asset-forfeiture-police-corruption-exposed/
http://armstrongeconomics.com/2014/10/08/is-revolution-coming-driven-by-the-youth/
http://armstrongeconomics.com/2014/10/07/tass-reports-in-russia-obamas-attempt-to-cut-off-russia-from-the-entire-world-economy/
http://armstrongeconomics.com/2014/10/07/gorbachev-one-of-the-last-few-world-leaders-blasts-obama-as-the-great-plague/
http://armstrongeconomics.com/2014/10/06/obama-needs-to-be-impeached-he-has-lost-his-mind-if-there-ever-was-one/
http://armstrongeconomics.com/2014/10/06/obama-is-out-of-control/
http://armstrongeconomics.com/2014/10/01/obamas-russian-sanctions-are-backfiring-on-us-further-destroying-the-world-economy/
http://armstrongeconomics.com/2014/10/06/obama-a-real-lame-duck-who-try-to-rule-the-world-like-his-children-i-will-cut-off-your-allowance-and-go-to-your-room/
http://armstrongeconomics.com/2014/10/06/free-handouts-always-invoke-a-behavior-change/
http://armstrongeconomics.com/2014/10/05/ecb-wiping-out-german-savers-with-every-step-it-takes/
http://armstrongeconomics.com/2014/10/03/comment-from-europe-on-france/
http://armstrongeconomics.com/2014/10/06/the-last-straw-in-a-dying-form-of-government/
http://armstrongeconomics.com/2014/10/03/obama-holder-destroy-the-constitution/

http://armstrongeconomics.com/2014/07/31/ebola-virus-the-next-plague-due-2019/
http://armstrongeconomics.com/2014/10/14/obama-may-turn-to-private-armies/
http://armstrongeconomics.com/2014/10/10/ebola-in-spain-perhaps-greece/
http://armstrongeconomics.com/2014/10/07/european-scientists-traces-aids-back-to-1920/
http://armstrongeconomics.com/2014/10/05/cycle-in-bacteria/
http://armstrongeconomics.com/2014/10/04/ebola-the-next-plaguepandemic/
http://armstrongeconomics.com/2014/10/03/thomas-eric-duncan-lied-to-get-out-of-liberia/
http://armstrongeconomics.com/2014/10/03/will-the-demise-be-plague-or-economics/
http://armstrongeconomics.com/2014/10/02/ebola-plague-stupidity-is-a-real-epidemic-inside-government/
http://armstrongeconomics.com/2014/10/01/the-first-ebola-case-appears-in-the-us/

Another ramification is that investment pumped crypto-currency will continue to wither until 2015.75. Only a paradigm shift crypto-currency can go counter-trend until then.

Has there been any credible reviews of the cryptography that he speaks of yet?

I just don't see many, if any, 2.0 coins that can hold their value relative to BTC, as BTC really starts to ascend in price.
The problem at this time, is that we are valuating everything in BTC - an asset that is probably to rise MUCH more than any others, at least for some time.
I think valuating tokens in terms of dollars makes more sense, but I understand that is more problematic at this time.

Going forward, I just can't see most of these 2.0 coins holding their value in terms of BTC when BTC is at $10,000. Yeah, I know history has shown us that, but that is during this phase
and we are in the early stages. I can see alt currency coins, such as XMR, etc. holding their ratio. (As long as the network grows as well as use, etc.)

IAS

You can all stop searching, 100% anonymity has been found:

Not exactly what you are looking for but nevertheless here are some interesting insights on the altcoin markets over the last 6-12 months in the latest Coindesk quarterly reports.

http://www.slideshare.net/CoinDesk/state-of-bitcoin-q3-2014

Slide 16 & 17 are the relevant ones.

Hmm, I thought there was something in the last missives but I don't see it there, so it must have been a standalone comment by someone, maybe fluffypony, but I can't find that either. In any case, the refactoring and API needed to hook up a database is done. It needs testing and it needs hooking up with a database (any database at first). The latter is not hard -- that was the whole point of the work. The former is not hard either but it is time consuming.

So far we have struggled in making faster progress on both this and the GUI with limited resources (part time people working on it who have other commitments, some of whom become unavailable at all at times) and being pulled in different directions to deal with investigating potential vulnerabilities and hardening in response to attack threats, along with some other feature coding we have kept moving. To be clear, the work we've done on vetting and hardening is worthwhile and makes the coin more stable and trustworthy going forward, and its something that always needed to be done. It just wasn't the order we planned to do things.

We have two new programmers starting on the project this week. There is always some time spent getting up to speed, and the usual questions about how much time they will be able to devote to the project, but we will see how it goes. Likewise, I'm hopeful the the GUI work can start to move along more quickly as well.

In any case we continue to make progress on many aspects of the project. It's slower than I would like, but we do the best we can with what we have.