Author

Topic: [SDC] ShadowCash | Welcome to the UMBRA - page 494. (Read 1289714 times)

sr. member
Activity: 490
Merit: 250
November 20, 2014, 03:21:00 AM
We should try to get SDC on BTER. It looks like the volume is all headed to that exchange. I sent them an email...others who have info should look into contacting.
If Bter add  SDC, so they need to buy some sdc.
full member
Activity: 238
Merit: 100
November 20, 2014, 03:12:07 AM
We should try to get SDC on BTER. It looks like the volume is all headed to that exchange. I sent them an email...others who have info should look into contacting.
sr. member
Activity: 462
Merit: 500
November 19, 2014, 11:57:53 PM
Hey longandshort can you give me the copy and paste of that footer you have. Pm or post here is fine, thanks
sr. member
Activity: 462
Merit: 500
November 19, 2014, 10:28:17 PM
legendary
Activity: 1078
Merit: 1050
November 19, 2014, 09:18:57 PM
Can anyone help me explain:

If blockchain is unreadable, in combination with snarks and rings and what not. How can we be sure of the total amount of coins in existence? Is it still possible to see that? What if someone would try to cheat the amount?
Sorry for my Noobiness.



Not a noobiness act at all.. Its just kinda hard to explain without a page full of context but ill try to put it simply.

Each transaction has to be verified just like any other bitcoin like system. This is the bitcoin protocol. It first has to be proven it exists and has not been spent already

The aim here is to break the link between sender and redeemer.
This is done using stealth addresses, a secure commitment scheme and ring signatures to make a zero knowledge proof that acts like a lock box, as i understand it.

A commitment scheme allows one to commit to a chosen value while keeping it hidden to others, with the ability to reveal the committed value later.
A ring signature is a type of digital signature that can be performed by any member of a group of users that each have keys.
A zero knowledge proof or zero knowledge protocol is a method by which one party (the prover) can prove to another party (the verifier)
that a given statement is true, without conveying any information apart from the fact that the statement is indeed true.

Each transaction has to go through a rigorous security protocol to be verified just like bitcoin.
legendary
Activity: 1078
Merit: 1050
November 19, 2014, 07:28:17 PM
Just out of curiosity.. you are on Twitter and Facebook ? why not Google+?
Who are you speaking to?

I'm speaking about some official Shadow Google+ page. I believe there's wider "crypto-audience" than on Facebook..

I agree, although, i just assume no one really uses it but there is no point in missing opportunity, right?. Feel free to make one, thats the beauty of crypto economies. Its a community thing not a business.
Align yourself with that and you will be in good stead to support the industry more effectively as opposed to leeching from it Smiley

Are you really telling me to start official Shadow Google+ page?
Not that I'm saying I'm not up for it..

Sure, its the crypto economy spirit at its very core. If one day you walk away you just give the logins to someone who is staying to support the project. I'm sure you can wrap your head around this.
But it is a responsibility, you do understand that i'm sure. This is how these projects really grow, everyone chips in to support it and its core dev team.
sr. member
Activity: 390
Merit: 250
November 19, 2014, 07:17:21 PM
Just out of curiosity.. you are on Twitter and Facebook ? why not Google+?
Who are you speaking to?

I'm speaking about some official Shadow Google+ page. I believe there's wider "crypto-audience" than on Facebook..

I agree, although, i just assume no one really uses it but there is no point in missing opportunity, right?. Feel free to make one, thats the beauty of crypto economies. Its a community thing not a business.
Align yourself with that and you will be in good stead to support the industry more effectively as opposed to leeching from it Smiley

Are you really telling me to start official Shadow Google+ page?
Not that I'm saying I'm not up for it..
legendary
Activity: 1078
Merit: 1050
November 19, 2014, 06:59:17 PM
Just out of curiosity.. you are on Twitter and Facebook – why not Google+?
Who are you speaking to?

I'm speaking about some official Shadow Google+ page. I believe there's wider "crypto-audience" than on Facebook..

I agree, although, i just assume no one really uses it but there is no point in missing opportunity, right?. Feel free to make one, thats the beauty of crypto economies. Its a community thing not a business.
Align yourself with that and you will be in good stead to support the industry more effectively as opposed to leeching from it Smiley
sr. member
Activity: 390
Merit: 250
November 19, 2014, 06:54:23 PM
Just out of curiosity.. you are on Twitter and Facebook – why not Google+?
Who are you speaking to?

I'm speaking about some official Shadow Google+ page. I believe there's wider "crypto-audience" than on Facebook..
full member
Activity: 226
Merit: 100
full member
Activity: 197
Merit: 100
November 19, 2014, 05:55:52 PM
It has been ages since I last posted on BitcoinTalk after serving out my second ban lol Smiley

Anywayz, covered the public testing here.

Good article, I liked it  Smiley

Once zk gets out of beta, I look forward to many such articles. We need to build the number of SDC users. Right now I only see 164 addresses with over 1000 coins:
http://sdc.blockexplorer.cc/richlist/index.php?min=1000

And only 280 users with over 100 coins. But those appear to be staking users. According to my calculations 12,352,120 coins were issued in the PoW and about half of those are appearing on the block explorer, so I guess half the coins aren't staking.

But being about half of that half is held by a dozen or so people, there is no way for these coins to be distributed without a major dump. So I'll wait!


Where did you get these numbers?


OK I saw 31000 blocks, 400 coins. http://shadow.cash/

https://bitcointalksearch.org/topic/m.8112928

read the replies below the link you just added, you will find your answer as to how the pow max is 6.3million
hero member
Activity: 644
Merit: 500
(●´ω´●) Nil de nihilo fit
November 19, 2014, 05:46:33 PM
It has been ages since I last posted on BitcoinTalk after serving out my second ban lol Smiley

Anywayz, covered the public testing here.

Good article, I liked it  Smiley

Once zk gets out of beta, I look forward to many such articles. We need to build the number of SDC users. Right now I only see 164 addresses with over 1000 coins:
http://sdc.blockexplorer.cc/richlist/index.php?min=1000

And only 280 users with over 100 coins. But those appear to be staking users. According to my calculations 12,352,120 coins were issued in the PoW and about half of those are appearing on the block explorer, so I guess half the coins aren't staking.

But being about half of that half is held by a dozen or so people, there is no way for these coins to be distributed without a major dump. So I'll wait!


Where did you get these numbers?


OK I saw 31000 blocks, 400 coins. http://shadow.cash/

https://bitcointalksearch.org/topic/m.8112928
hero member
Activity: 812
Merit: 1000
November 19, 2014, 05:42:24 PM
sr. member
Activity: 350
Merit: 250
November 19, 2014, 05:40:50 PM
It has been ages since I last posted on BitcoinTalk after serving out my second ban lol Smiley

Anywayz, covered the public testing here.

Good article, I liked it  Smiley

Once zk gets out of beta, I look forward to many such articles. We need to build the number of SDC users. Right now I only see 164 addresses with over 1000 coins:
http://sdc.blockexplorer.cc/richlist/index.php?min=1000

And only 280 users with over 100 coins. But those appear to be staking users. According to my calculations 12,352,120 coins were issued in the PoW and about half of those are appearing on the block explorer, so I guess half the coins aren't staking.

But being about half of that half is held by a dozen or so people, there is no way for these coins to be distributed without a major dump. So I'll wait!


Total number of coins in circulation (6.4M) are shown here http://sdc.blockexplorer.cc/stats/

Top addresses seem to be the exchanges. So the number of addresses on the richlist aren't correct. We need more people staking than leaving their coins on exchanges. Didn't anyone learn anything from mt gox and mintpal?

OK that's great information. We can look at the order books and see how many of those coins are being offered for sale and how many are just sitting there.

Maybe a post-PoW mining pool would be useful, it could mine the most profitable coins for any algo you point at it and pay out in SDC purchased at its low sell price on any exchange. It would help people who want to acquire because most of us don't have accounts on all the exchanges.

SDC multi-pool: https://www.shadowpool.info/
hero member
Activity: 503
Merit: 500
November 19, 2014, 05:36:59 PM
It has been ages since I last posted on BitcoinTalk after serving out my second ban lol Smiley

Anywayz, covered the public testing here.

Good article, I liked it  Smiley

Once zk gets out of beta, I look forward to many such articles. We need to build the number of SDC users. Right now I only see 164 addresses with over 1000 coins:
http://sdc.blockexplorer.cc/richlist/index.php?min=1000

And only 280 users with over 100 coins. But those appear to be staking users. According to my calculations 12,352,120 coins were issued in the PoW and about half of those are appearing on the block explorer, so I guess half the coins aren't staking.

But being about half of that half is held by a dozen or so people, there is no way for these coins to be distributed without a major dump. So I'll wait!


Total number of coins in circulation (6.4M) are shown here http://sdc.blockexplorer.cc/stats/

Top addresses seem to be the exchanges. So the number of addresses on the richlist aren't correct. We need more people staking than leaving their coins on exchanges. Didn't anyone learn anything from mt gox and mintpal?

OK that's great information. We can look at the order books and see how many of those coins are being offered for sale and how many are just sitting there.

Maybe a post-PoW mining pool would be useful, it could mine the most profitable coins for any algo you point at it and pay out in SDC purchased at its low sell price on any exchange. It would help people who want to acquire because most of us don't have accounts on all the exchanges.
hero member
Activity: 503
Merit: 500
November 19, 2014, 05:30:18 PM
It has been ages since I last posted on BitcoinTalk after serving out my second ban lol Smiley

Anywayz, covered the public testing here.

Good article, I liked it  Smiley

Once zk gets out of beta, I look forward to many such articles. We need to build the number of SDC users. Right now I only see 164 addresses with over 1000 coins:
http://sdc.blockexplorer.cc/richlist/index.php?min=1000

And only 280 users with over 100 coins. But those appear to be staking users. According to my calculations 12,352,120 coins were issued in the PoW and about half of those are appearing on the block explorer, so I guess half the coins aren't staking.

But being about half of that half is held by a dozen or so people, there is no way for these coins to be distributed without a major dump. So I'll wait!


Where did you get these numbers?


OK I saw 31000 blocks, 400 coins. http://shadow.cash/
hero member
Activity: 644
Merit: 500
(●´ω´●) Nil de nihilo fit
November 19, 2014, 05:25:42 PM
Roll Eyes Roll Eyes Roll Eyes

Benny, return to your cave, it's already dark outside.
legendary
Activity: 1078
Merit: 1050
November 19, 2014, 04:50:44 PM
lol was that really a attempt at fud lol pathetic

I don't think so and i really hate that acronym. Tongue It and a few other ones are so loosely thrown around. Some people just need something to pick at, thats all i guess.  Undecided Lets get one thing clear tho, unfair distribution is a contributing and driving factor to crypto economy relevance. But its not Shadow that is endeavoring to solve all the issues here. Its focused on anonymity and ease of use.

I believe a major hurdle and phyc barrier for most is; confusing tech made harder by having to manually control most of it and understand it.
sr. member
Activity: 350
Merit: 250
November 19, 2014, 04:50:15 PM
lol was that really a attempt at fud lol pathetic

I'm not sure if I would call it fud. It just seems like his calculations were off, which is an honest mistake. Plus the exchange addresses don't really help either to display the correct number of addresses and corresponding coins.
Jump to: