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Topic: [SDC] ShadowCash | Welcome to the UMBRA - page 575. (Read 1289714 times)

sr. member
Activity: 476
Merit: 250
September 20, 2014, 08:52:54 PM

The new UI, which is based on HMTL5 technology, will be released later this week for both desktop and mobile (ShadowGo) with ShadowLite support. We wanted to get the bloom filters (which are required for proper working of the lite wallets) in place for the full nodes.

Stay tuned for more exciting updates this week!


"This week" is now over in South Africa (where dev is located) and we dont have a new UI. How much longer should we expect to wait?

What was the exciting update we were supposed to be waiting for?


No its not, jeez man ADD much.

Yes the week is over. Look at any Calendar. Each week ends on Saturday and begins on Sunday. It is Sunday now where the dev lives.

You do realize we are building technology at the edge of what is thought possible right now? We are creating tech that noone has ever created before, the PoS Lite wallet as example. We also pride ourselves of releasing actual tech that works and does as it's supposed to.

Stop ADDing. See us as the Blizzard of Crypto. We make awesome stuff and it'll be ready when it's ready.
legendary
Activity: 1008
Merit: 1000
September 20, 2014, 08:42:57 PM

The new UI, which is based on HMTL5 technology, will be released later this week for both desktop and mobile (ShadowGo) with ShadowLite support. We wanted to get the bloom filters (which are required for proper working of the lite wallets) in place for the full nodes.

Stay tuned for more exciting updates this week!


"This week" is now over in South Africa (where dev is located) and we dont have a new UI. How much longer should we expect to wait?

What was the exciting update we were supposed to be waiting for?


No its not, jeez man ADD much.

Yes the week is over. Look at any Calendar. Each week ends on Saturday and begins on Sunday. It is Sunday now where the dev lives.
This is why we cant have nice things. I can assume that you eat at fast food places all the time.

Fast and shit quality.

I rather enjoy a steak and a great wine, takes longer to make but damn its worth it
sr. member
Activity: 414
Merit: 251
September 20, 2014, 08:30:08 PM

The new UI, which is based on HMTL5 technology, will be released later this week for both desktop and mobile (ShadowGo) with ShadowLite support. We wanted to get the bloom filters (which are required for proper working of the lite wallets) in place for the full nodes.

Stay tuned for more exciting updates this week!


"This week" is now over in South Africa (where dev is located) and we dont have a new UI. How much longer should we expect to wait?

What was the exciting update we were supposed to be waiting for?


No its not, jeez man ADD much.

Yes the week is over. Look at any Calendar. Each week ends on Saturday and begins on Sunday. It is Sunday now where the dev lives.
sr. member
Activity: 476
Merit: 250
September 20, 2014, 08:25:41 PM

The new UI, which is based on HMTL5 technology, will be released later this week for both desktop and mobile (ShadowGo) with ShadowLite support. We wanted to get the bloom filters (which are required for proper working of the lite wallets) in place for the full nodes.

Stay tuned for more exciting updates this week!


"This week" is now over in South Africa (where dev is located) and we dont have a new UI. How much longer should we expect to wait?

What was the exciting update we were supposed to be waiting for?


No its not, jeez man ADD much.
legendary
Activity: 1008
Merit: 1000
September 20, 2014, 08:12:58 PM
Charts look sexi as shit... we just had a BULLISH kumo twist And there is no cloud in our way its forming below which is another BULL sign   Grin BULL MARKET forming  Wink



Couldn't agree more
sr. member
Activity: 414
Merit: 251
September 20, 2014, 07:15:49 PM

The new UI, which is based on HMTL5 technology, will be released later this week for both desktop and mobile (ShadowGo) with ShadowLite support. We wanted to get the bloom filters (which are required for proper working of the lite wallets) in place for the full nodes.

Stay tuned for more exciting updates this week!


"This week" is now over in South Africa (where dev is located) and we dont have a new UI. How much longer should we expect to wait?

What was the exciting update we were supposed to be waiting for?

full member
Activity: 129
Merit: 100
Leave nothing but a shadow.
September 20, 2014, 05:11:36 PM
The parameter generation, in a non-interactive zero knowledge system is always going to be an issue, unless its created through a consensus..
Interactive would mean you'd need the other party to be online to redeem your input, so we're working on a way of sending your funds into infinity, where they will be redeemed from infinity.
At a base level there's always going to be some sort of mixing involved, whether its destroying/minting, or whether its using some sort of tokens, etc..

"we're working on a way of sending your funds into infinity, where they will be redeemed from infinity."

After thinking about this for a while I am still not sure if I completely understand what you mean. I have read the zk-snarks whitepaper, etc. Can you elaborate on this point a little?

Thanks!

Coins are removed from circulation, effectively placed in escrow when they are placed in an anonymous output.
We need to prove that we redeemed an output, without revealing which output was redeemed and a redeem transaction would look like a coinbase.
The redeem transaction destroys one of the anonymous outputs but it is not possible to know which one was destroyed.
It won't be possible to use the same output twice, as it would require a secret key which becomes known to everyone when the output is redeemed.
The zk-proof proves the secret key is linked to an output in the set, but only the redeemer knows which one.

Thank you very much! Your explanations really help. I think they also make it easier for people to understand why zk-snarks anonymity is vastly superior to the coinjoin based "anonymous" coins on the marker today.

Can I also assume that it would be best if there was a time delay between when the coins are removed from circulation and when the anonymous output is sent from escrow?

Can the sender purchase an anonymous escrow amount greater than the amount he ultimately wants to send the recipient (the remainder of which he can redeem for another transaction later) so that the amount of coins removed from his wallet will not directly match the amount of coins the recipient receives?

The outputs can be broken up into set values, i.e.: 100000, 10000, 1000, 100, 10, 1, 0.1, 0.01, etc..
So if you send someone 13921.301 SDC, the outputs available to them would be 10000, 1000, 1000, 1000, 100, 100, 100......, 10, 10, 1, 0.1, 0.1, 0.1, 0.001.

The redeemer would be able to redeem whichever output he wants, as they will all have different secret keys.

Now that you will be able to do things like this, it doesn't really make sense as what you really want to accomplish is breaking chain history.

Once the history has been broken, you have a fresh coinbase, with no trace where it came from, so it wouldn't make sense to send an anonymous transaction immediately afterwards, as you will incur more fees.
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
September 20, 2014, 03:34:18 PM
I think $100 per coin is very..very possible, might take 12 months but i think it can be done.
full member
Activity: 168
Merit: 100
September 20, 2014, 03:30:01 PM
Any one who knows anything about Alts should be holding both XC and SDC i have 75k XC 180k SDC...good times ahead for me

You will make 18 Million dollar when Shadow coin will reach $100 per coin
full member
Activity: 150
Merit: 102
September 20, 2014, 02:29:26 PM
The parameter generation, in a non-interactive zero knowledge system is always going to be an issue, unless its created through a consensus..
Interactive would mean you'd need the other party to be online to redeem your input, so we're working on a way of sending your funds into infinity, where they will be redeemed from infinity.
At a base level there's always going to be some sort of mixing involved, whether its destroying/minting, or whether its using some sort of tokens, etc..

"we're working on a way of sending your funds into infinity, where they will be redeemed from infinity."

After thinking about this for a while I am still not sure if I completely understand what you mean. I have read the zk-snarks whitepaper, etc. Can you elaborate on this point a little?

Thanks!

Coins are removed from circulation, effectively placed in escrow when they are placed in an anonymous output.
We need to prove that we redeemed an output, without revealing which output was redeemed and a redeem transaction would look like a coinbase.
The redeem transaction destroys one of the anonymous outputs but it is not possible to know which one was destroyed.
It won't be possible to use the same output twice, as it would require a secret key which becomes known to everyone when the output is redeemed.
The zk-proof proves the secret key is linked to an output in the set, but only the redeemer knows which one.

Thank you very much! Your explanations really help. I think they also make it easier for people to understand why zk-snarks anonymity is vastly superior to the coinjoin based "anonymous" coins on the marker today.

Can I also assume that it would be best if there was a time delay between when the coins are removed from circulation and when the anonymous output is sent from escrow?

Can the sender purchase an anonymous escrow amount greater than the amount he ultimately wants to send the recipient (the remainder of which he can redeem for another transaction later) so that the amount of coins removed from his wallet will not directly match the amount of coins the recipient receives?
legendary
Activity: 1190
Merit: 1002
Pecvniate obedivnt omnia.
September 20, 2014, 02:27:39 PM
Any one who knows anything about Alts should be holding both XC and SDC i have 75k XC 180k SDC...good times ahead for me
full member
Activity: 129
Merit: 100
Leave nothing but a shadow.
September 20, 2014, 01:49:47 PM
The parameter generation, in a non-interactive zero knowledge system is always going to be an issue, unless its created through a consensus..
Interactive would mean you'd need the other party to be online to redeem your input, so we're working on a way of sending your funds into infinity, where they will be redeemed from infinity.
At a base level there's always going to be some sort of mixing involved, whether its destroying/minting, or whether its using some sort of tokens, etc..

"we're working on a way of sending your funds into infinity, where they will be redeemed from infinity."

After thinking about this for a while I am still not sure if I completely understand what you mean. I have read the zk-snarks whitepaper, etc. Can you elaborate on this point a little?

Thanks!

Coins are removed from circulation, effectively placed in escrow when they are placed in an anonymous output.
We need to prove that we redeemed an output, without revealing which output was redeemed and a redeem transaction would look like a coinbase.
The redeem transaction destroys one of the anonymous outputs but it is not possible to know which one was destroyed.
It won't be possible to use the same output twice, as it would require a secret key which becomes known to everyone when the output is redeemed.
The zk-proof proves the secret key is linked to an output in the set, but only the redeemer knows which one.
full member
Activity: 150
Merit: 102
September 20, 2014, 01:39:51 AM
The parameter generation, in a non-interactive zero knowledge system is always going to be an issue, unless its created through a consensus..
Interactive would mean you'd need the other party to be online to redeem your input, so we're working on a way of sending your funds into infinity, where they will be redeemed from infinity.
At a base level there's always going to be some sort of mixing involved, whether its destroying/minting, or whether its using some sort of tokens, etc..

"we're working on a way of sending your funds into infinity, where they will be redeemed from infinity."

After thinking about this for a while I am still not sure if I completely understand what you mean. I have read the zk-snarks whitepaper, etc. Can you elaborate on this point a little?

Thanks!
sr. member
Activity: 476
Merit: 250
September 19, 2014, 08:28:33 PM
TGIF, Nice to see the price holding the last few days.
sr. member
Activity: 476
Merit: 250
September 19, 2014, 01:13:02 PM
So..... are we still getting anything this week like they had been saying in IRC??? Roll Eyes

yes
full member
Activity: 129
Merit: 100
Leave nothing but a shadow.
September 19, 2014, 11:54:38 AM
So..... are we still getting anything this week like they had been saying in IRC??? Roll Eyes

Working on it Smiley
sr. member
Activity: 476
Merit: 250
September 19, 2014, 09:05:57 AM
Invested some of my BTC to this coin for future market exchange.
Another dark-horse altcoin  Smiley

Remember my post when Shadowcash will costs 5$

5$ ? mmm... 1$ is sure

$1 shadowcash is a good start
hero member
Activity: 896
Merit: 1000
Avatars are overrated.
September 19, 2014, 07:23:56 AM
right on right on.
full member
Activity: 168
Merit: 100
September 19, 2014, 07:09:34 AM
Invested some of my BTC to this coin for future market exchange.
Another dark-horse altcoin  Smiley

Remember my post when Shadowcash will costs 5$

I want this coin at $ 100,  600 Million market cap
member
Activity: 120
Merit: 10
September 19, 2014, 05:34:45 AM
Invested some of my BTC to this coin for future market exchange.
Another dark-horse altcoin  Smiley

Remember my post when Shadowcash will costs 5$

5$ ? mmm... 1$ is sure
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